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|Trustees||Mr TC Hart|||
|---|---|---|---|---|
|||Ms LCook|||
|||Mr D Barbour|||
|||Mr(C Higby (Chairman)|||
|||Mr P0 Copland|||
|||Mr J R Hulmes|||
|||Rev CA Pailing|||
|Patron||The Right Honourable||The Earl of Derby|
|Secretary||Mr M Finn|||
|Charity number||526379|||
|Principal address||The Cotton Exchange|||
|||Suite 315|||
|||Old Hall Street|||
|||Liverpool|||
|||Merseyside|||
|||L39RJ|||
|Independent|examiner|Helen Furlong|FCCA||
|||McLintocks|(NW) Limited||
|||46 Hamilton
Square|||
|||Birkenhead|||
|||Wirral|||
|||Merseyside|||
|||CH41 5AR|||
|Bankers||Barclays Bank|pic||
|||Merchants
Court|||
|||2-12 Lord Street|||
|||Liverpool|||
|||Merseyside|||
|||L2 1TS|||
|Solicitors||Brabners LLP|||
|||Horton House|||
|||Exchange Flags|||
|||Liverpool|||
|||Merseyside|||
|||L2 3YL|||
|Investment|advisors|Quilter Cheviot|||
|||5 St Paula Square|||
|||Liverpool|||
|||Merseyside|||
|||L39SJ|||
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||||Unresbicted|Endowment|Total|Unrestricted|Endowment|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2022|2022||2021|2021|2021|
|||Notes|8|8||K||8|
|Income from:|||||||||
|Donations
and|legacies||121,420||121,420|126,071||126,071|
|Investments|||102,805||102,805|111,230||111,230|
|Total income|||224,225||224,225|237,301||237,301|
|~E*
dit|||||||||
|Raising funds||5|2,382|3,146|5,528|2,375|3,068|5,443|
|Charitable
activihes||6|256,628||256,628|239,415||239,415|
|Total expenditure|||259,010|3,146|262,156|241,790|3,068|244,858|
|Net gains/(losses)||on|||||||
|investments||10|(43,444)|(43,737)|(87,181)|93,256|167,527|260,783|
|Net movement|in|funds|(78,229)|(46,883)|(125,112)|88,767|164,459|253,226|
|Fund balances|at 1 January||||||||
|2022|||1,162,400|1,461,605|2,624,005|1,073,633|1,297,146|2,370,779|
|Fund balances|at|31|||||||
|December 2022|||1,084,171|1,414,722|2,498,893|1,162,400|1,461,605|2,624,005|
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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022|2021|
|||||f|f|
|Donations|and giRs|||1,165|5,244|
|Grants receivable||||120,255|120,827|
|||||121,420|126,071|
|Grants receivable for|||core activities|||
|Seafarers|UK|||70,000|75,000|
|Trinity House||||37,295|31,680|
|Honourable||Company|ofMaster Mariners|2,700|2,580|
|Government||grant (CJRS)|||3,067|
|Inverclyde|Bequest Fund|||10,260|8,500|
|||||120,255|120,827|
|Investments||||||
|||||Unrestricted|Unrestricted|
|||||funds|funds|
|||||2022|2021|
|||||f|f|
|income from||listed investments||102,805|111,230|
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|||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
||||general|||general||
|||2022|2022|2022|2021|2021|2021|
|||E|8|5|f|f|f|
|Investment|management|2,382|3,146|5,528|2,375|3,068|5,443|
|||2,382|3,146|5,528|2,375|3,068|5,443|
|Grants payable||||||||
|||||||2022f|2021|
|Grants to individuals||||||172,010|152,155|
|||||||172,010|152,155|
|Support costs||||||||
|||Support|Governance|2022Support costs||Governance|2021|
|||costs|costs|8|6|costsf|f|
|Staff costs||57,188||57,188|58,706||58,706|
|Secretarial fees||13,600||13,600|13,600||13,600|
|Office costs||9,407||9,407|10,710||10,710|
|Bank charges||145||145|127||127|
|Independent|examiner's|||||||
|fees|||3,600|3,600||3,300|3,300|
|AGM expenses|||138|138||97|97|
|Accountancy|and legal|||||||
|fees||||||720|720|
|||80,340|4,278|84,618|83,143|4,117|87,260|
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|The averag|e
|monthl|y
num|ber ofemploye|es
during the|year was:||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
|||||||||Number|Number|
|Administration||||||||||
|Employment||costs||||||2022|2021|
|||||||||6|6|
|Wages and|salaries|||||||16,652|17,606|
|Other pension||costs||||||40,536|41,100|
|||||||||57,188|58,706|
|There were|no|employees||whose annual|remuneration|was more than|560,000.|||
|Net gains/(losses)|||on investments|||||||
|||||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total|
|||||funds|funds||funds|funds||
||||||general|||general||
|||||2022|2022|2022|2021|2021|2021|
|||||6|E|E|6|6|f|
|Revaluation|of|||||||||
|investments||||(58,136)|(53,078)|(111,214)|89,410|155,186|244,596|
|Gain/(loss)|on|sale of||||||||
|investments||||14,692|9,341|24,033|3,846|12,341|16,187|
|||||(43,444)|(43,737)|(87,181)|93,256|167,527|260,783|
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|Tangible fixed assets||||
|---|---|---|---|
||Fixtures snd|Computers|Total|
||fittings|||
||6|6||
|Cost||||
|At 1 January 2022|2,503|2,115|4,618|
|At 31 December 2022|2,503|2,115|4,618|
|Depreciation
and impairment||||
|At 1 January 2022|2,501|2,112|4,613|
|At 31 December 2022|2,501|2,112|4,613|
|Carrying
amount||||
|At 31 December 2022||||
|At 31 December 2021||||
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||Listed|Cash in|Total|
|---|---|---|---|
||investmentsf|portfolio||
|Cost or valuation||||
|At 1 January 2022|2,524,890|34,809|2,559,699|
|Additions|250,501||250,501|
|Valuation
changes|(111,214)||(111,214)|
|Disposals|(243,640)|(8,024)|(251,664)|
|At 31 December 2022|2,420,537|26,785|2,447,322|
|Carrying
amount||||
|At 31 December 2022|2,420,537|26,785|2,447,322|
|At 31 December 2021|2,524,890|34,809|2,559,699|
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|Debtors|||||
|---|---|---|---|---|
||||2022|2021|
|Amounts
falling due||within one year:|6||
|Other debtors|||6,019|3,979|
|Prepayments|and accrued income||2,060|1,748|
||||8,079|5,727|
|Creditors: amounts||falling due within one year|||
||||2022|2021|
||||E|6|
|Other taxation|and social security||416|700|
|Other creditors|||90|76|
|Accruals and deferred||income|6,261|5,987|
||||6,767|6,763|
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|||Balance at|Resources|Revaluations|Balance at|
|---|---|---|---|---|---|
|||1 January|expended|gains and|31 December|
|||2022||losses|2022|
|||E|6|6||
|Permanent|endowments|||||
|Endowment|fund|1,461,605|(3,146)|(43,737)|1,414,722|
|||1,461,605|(3,146)|(43,737)|1,414,722|
|||Balance st|Resources|Revaluations|Batance at|
|---|---|---|---|---|---|
|||1 January|expended|gains and|31 December|
|||2021||losses|2021|
||||6|6|6|
|Permanent|endowments|||||
|Endowment|fund|1,297,146|(3,068)|167,527|1,461,605|
|||1,437,051|(2,853)|(137,052)|1,297,146|
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|17|Analysis of|net assets|between funds||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total|
||||2022|2022|2022|2021|2021|2021|
||||||6|f|||
||Fund balances at||||||||
||31 December||||||||
||2022 are||||||||
||represented|by:|||||||
||Tangible assets||5||5|5||5|
||Investments||1,038,428|1,408,894|2,447,322|1,312,732|1,455,779|2,559,699|
||Current
assets/(liabilities)||45,73S|5,828|51,566|34,928|5,826|64,301|
||||1,084,171|1,414,722|2,49S,893|1,347,665|1,461,605|2,624,005|
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||2022|2021|
|---|---|---|
||f||
|Within one year|9,702|6,455|
|Between two and five years|24,269|33,971|
||33,971|40,426|
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