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|||||Page|
|---|---|---|---|---|
|Legal and administrative|||details||
|Report ofthe|trustees|||4-6|
|Independent|Examiner's||report||
|Statement of|financial|activities||8-9|
|Balance sheet||||10|
|Notes to the financial||statements||11 —19|
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|Trustees|David Blythe||
|---|---|---|
||Chantelle
Day
Jeffrey Dunn (deceased 8October 2023)||
||Mark Fallon||
||Conor Foley (appointed 1September 2023)||
||Jeremy Grice||
||Jennifer
Holder||
||Leila Kellgren-Parker|(resigned 8March 2023)|
||Roger Morris OBE DL||
||Barbara
Murray||
||John Prince||
|Registered|office|151Dale|Street|Street|Street|
|---|---|---|---|---|---|
|||Liverpool||||
|||L2 2AH||||
|Bankers||Lloyds Sank||pic||
|||88 —94 Church|||Street|
|||Liverpool||||
|||L1 3HD||||
|Independent||Anita C Mason|||BA (Hons) SFP FCA|
|examiner||BWM||||
|||Chartered|Accountants|||
|||Tempest||||
|||Suite 5.1||||
|||12Tithebarn||Street||
|||Liverpool||||
|||L2 2DT||||
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|FOR THE YEAR ENDED|FOR THE YEAR ENDED|FOR THE YEAR ENDED|31jULY|2023||||
|---|---|---|---|---|---|---|---|
|Current
financial year||||||||
|||Note|Unrestricted|Restricted|As trustee of|Total|Total|
||||funds|funds|Liverpool|funds|funds|
||||||Educational|||
||||||Foundation|||
||||2023f||2023
f|2023
f|2022f|
|INCOME FROM:||||||||
|Investments||3|8 109|1 931|16905|26 945|21 972|
|Total income|||8,109|1,931|16905|267945|21 972|
|EXPENDITURE ON:||||||||
|Raising funds||4|2,595||5,445|8,040|8,610|
|Charitable
activities||5|9613||10799|20 412|6 760|
|Total expenditure|||12,208||16,244|28,452|15,370|
|Net gains/(losses)
investments|on||(4,774)|-|(10,014)|(14,788)|(57,807)|
|Net income/
(expenditure)|||(8,873)|1,931|(9,353)|(16,295)|(51,205)|
|NET MOVEMENT IN||FUNDS|(8,873)|1,931|(9,353)|(16,295)|(51,205)|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought||forward|322,449|38,759|639,871|1,001,079|1,052,284|
|TOTAL FUNDS CARRIED FORWARD|||313,576|40,690|630,518|984,784|1,001,079|
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|Prior financial||year|||||
|---|---|---|---|---|---|---|
|||Note|Unrestricted|Restricted|As trustee of|Total|
||||funds|funds|Liverpool|funds|
||||||Educational||
||||||Foundation||
||||2022|2022|2022|2022|
||||E|E|E|E|
|INCOME FROM:|||||||
|Investments||3|6574|I 610|137611|21 572|
|Total income|||6,574|1,610|13,788|21,972|
|EXPENDITURE ON:|||||||
|Raising funds||4|2,779||5,831|8,610|
|Charitable
activities||5|2 560|200|4 000|6 760|
|Total expenditure|||5,339|200|9,831|15,370|
|Net gains/(losses)
investments|on||(18,660)||(39,147)|(57,807)|
|Net income/
(expenditure)|||(17,425)|1,410|(35,190)|(51,205)|
|NET MOVEMENT IN||FUNDS|(17,425)|1,410|(35,190)|(51,205)|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought||forward|339,874|37,349|675,061|1,052,284}|
|TOTAL FUNDS CARRIED FORWARD|||322,6}49|38,759|639,871|1,001,079|
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|3
INVESTMENTS||||||
|---|---|---|---|---|---|
||||As trustee of|||
||Unrestricted|Restricted|Liverpool|Total|Total|
||funds|funds|Educational|2023|2022|
||||Foundation|||
||||f|f|f|
|Income from investments|8,015|1,819|16,814|26,648|21,963|
|Bank deposit and money on call interest|94|112|91|297|9|
||8,109|1,931|16,905|26,945|21,972|
|For the year ended 31July 2022:|||As trustee of|||
||Unrestricted|Restricted|Liverpool|Total||
||funds|funds f|Educational
Foundation|2022
f||
||||f|||
|Income from investments|6,571|1,606|13,786|||
|Bank deposit and money on call interest|3|4|2|||
||6,574|1,610|13,788|21,972||
||2023|2023|2023|2023|2022|
|---|---|---|---|---|---|
||Unrestricted|Restricted|As trustee of|Total|Total|
||funds|funds|Liverpool
Educational|||
||||Foundation|||
||f|f||f|f|
|Investment|2,595||5,445|8,040|8,610|
|management|fees|||||
||2,595||5,445|8,040|8,610|
|For the year|ended 31July 2022:|||||
|Investment|2,779||5,831|8,610||
|management|fees|||||
||2,779||5,831|8,610||
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|||||Grant|Grant and|Total|Total|
|---|---|---|---|---|---|---|---|
|||||5|Activity|||
|||||Other direct|related|||
|||||Expenditure|Support costs|2023|2022|
|||||||6|E|
|Grant funding|activities||(note 6)|9,670||9,670|4,200|
|Direct charitable
activities (note 6)||||8,629||8,629|843|
|Share of governance||costs (note 7)|||2,113|2,113|1,717|
|||||18,299|2,113|20,412|6,760|
|Analysis
by|fund|||||||
|Unrestricted|funds|||7,500|2 113|9,613|2,560|
|Restricted
funds|||||||200|
|As trustee of connected|||charities|10799||10,799|4,000|
|||||18,299|2,113|20,412|6,760|
|Forthe yeas|ended|31guiy 2022||||||
|Grant funding|activities||(note 6)|4,200||4,200||
|Direct charitable
activities (note 6)||||843||843||
|Share ofgovernance||costs (note 7)|||1,717|1,717||
|||||5,043|1,717|6,760||
|Analysis
by|fund|||||||
|Unrestricted|funds|||843|1,717|2,560||
|Restricted
funds||||200||200||
|As trustee of|connected||charities|4,000||4,000||
|||||5,043|1,717|6,760||
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|||||||2023|2022|2022|
|---|---|---|---|---|---|---|---|---|
|GRANTS|MADE:|||||6|6||
|Unrestricted||funds:|Total grants from unrestricted||funds|nil|nil||
|Restricted funds:|||Total of grants
paid to individuals|||||200|
||||Total grants
from restricted|funds||||200|
|Liverpool|Educational||Foundation:||||||
||||Archbishop
Blanch School|||1,000|||
||||Calderstones
School|||1,500|1,500||
||||Childwall
Sports ik Science Academy|||2,000|||
||||International
Model European||||||
||||Parliament
UK|||1,800|||
||||New Heights
School|||1,970|||
||||Redbridge
School||||1,000||
||||Sandfield
Park School|||1,400|1,250||
||||Total ofgrants
paid to individuals|||||250|
||||Total grants from connected||charities|9,670|4,000||
|Total grants||||||9,670|4,200||
|DIRECT CHARITABLE|||ACTIVITIES||||||
|Unrestricted||funds:|Pupil participation
workshops|||||375|
||||Support for Liverpool
Literacy||Cycle|7,500|||
||||Sign language
event support|||||468|
||||Total from unrestricted
funds|||7,500||843|
|Liverpool|Educational||Foundation:||||||
||||Kings ik Queens
Essay Competition|||1,129|||
||||Total from connected
charities|||1,129|||
|Total direct||charitable|activities|||8,629||843|
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|||||||2023|2022|Basis of allocation||
|---|---|---|---|---|---|---|---|---|---|
|||||||6|6|||
|Independent|examiner's|||fee||1,980|1,704|Allocated to grant making|activities|
|Legal and regulatory|||fees|||13|13|Allocated to grant making|activities|
|Website costs||||||120||Allocated to grant making|activities|
|||||||2,113|1,717|||
|Analysed
between||Charitable|||activities|2.113|1,717|||
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|FOR|THE YEAR ENDED 3|THE YEAR ENDED 3|1jULY 202|3|||
|---|---|---|---|---|---|---|
|8|FINANCIAL
INSTRUMENTS||||||
||||||2023|2022|
||||||8|6|
|Carrying||amount offinancial assets|||||
|Debt|instruments
measured
at cost||||103,993|99,636|
|Equity|instruments
measured
at fair value||||||
|through||income and expenditure|||883932|905 111|
|Carrying||amount offinancial
liabilities|||||
|Measured||at amortised
cost|||3,141|3,668|
|9|FIXED ASSET INVESTMENTS||||||
|||||2023||2022|
|||||6|||
|||Composite
fund investments:|||||
|||Market value at 1August|2022|905,111||925,577|
|||Disposals||(114,515)||(72,404)|
|||Additions at cost||108,125||109,745|
|||Revaluation
adjustments:|||||
|||Historic gains/(losses)
on disposals
Other changes
in market value||35,517
~50 306||34,054
~91861|
|||Market value at 31July 2023||883 932||905 111|
|||Historic cost at 31July 2023||769 859||740 731|
||||||2023|2022|
|---|---|---|---|---|---|---|
||||||6|6|
||Investments
at market
Investment
cash|||value as above|883,932
~7541|905,111
~6422|
||Total value of pool||||876391|898699|
|10|DEBTORS||||||
||||||2023|2022|
|||||||6|
||Due within one year:||||||
||HMRC|||||110|
||Accrued|income|||30|1|
||||||30||
|11|LIABILITIES:|Amounts|falling due within one year||||
||||||2023|2022|
||||||6|6|
||Amounts|falling due within one year:|||||
||Accruals|and deferred||income|3 141|3668|
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|TRICTED|FUNDS||||
|---|---|---|---|---|
||||2023|2022|
||||f|f|
|Balance at|1August 2022||322,449|339,874|
|Net income|for year||(4,099)|1,235|
|Realised gains/(losses)
on investments||sold|11,465|10,993|
|Unrealised|gains/(losses)||||
|on investment
revaluation|||(16,239)|(29,653)|
|Balance at|31July 2023||313976|322 449|
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|CTED FUNDS||||
|---|---|---|---|
|||2023
f|2022f|
|Balance at 1August|2022|38,759|37,349|
|Net (expense)/income|for year|1931|1410|
|Balance at 31July 2023||40 690|38 799|
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|FUNDS|OF LIVERPOOL EDUCATIONAL|FOUNDATION|FOUNDATION||
|---|---|---|---|---|
||||2023|2022|
||||f|f|
||Balance at 1August 2022||639,871|675,061|
||Net income/(expenditure
for year)||661|3,957|
||Realised gains/(losses)
on investments|sold|24,054|23,061|
||Unrealised
gains/(losses)||||
||on investment
revaluation||34068|62 208|
||Balance at 31July 2023||630918|639 871|
|||||2023f|2022
f|
|---|---|---|---|---|---|
|Unrestricted|Revenue|Funds:||37,838|31,731|
|Permanent|Endowment||Funds:|419,295|430,233|
|Expendable|Endowment||Funds:|173385|177907|
|Total||||630518|639871|
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|ANALYSIS OF NE|T ASSETS B|ETWEEN FUN|DS|||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Connected|Total|
|||||charities||
|||||E||
|Fund balances at 31July 2023||||||
|are represented
by:
Share of investment
Net current assets|pool|282,899
30677|40 690|593,492
37026|876,391
108393|
|Total net assets||313576|40 690|630518|984 784|
|For the year ended 31July 2022:||Unrestricted|Restricted|Connected|Total|
|||||charities||
|||||f||
|Fund balances at 31July 2022||||||
|are represented
by:
Share of investment
Net current assets|pool|290,100
32349|38759|608,599
31272|898,699
102382|
|Total net assets||322 449|38759|639871|1001079|
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