REGISTERED CHARITY NUMBER: 701450
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
FOR
LILIAN PRIME TRUST
Johnson Tidsal Linited
Chartered Accountants
81 Burton Road
DefbyBhire
DE11TJ

ULIAN PRIME TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Report ofthe TTUStees
1 to 2
Independent Examlne¢s Report
Statement ot Flnancl81 Acdvltle8
Balance She&t
Note8 lo the Flnanclal Statements
6 to 10
Dglalled Statsment of Flnanclal A¢Uvltles
11

LIUAN PRIME TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 paARCH 2023
Thg Iru6tses weser¢t their report wth the ffinandal statemeTEls of the ehwty for the year tr￿d 31 Marc* 2023. The
trustees have adopted the FKovisions of AccountiryJ and Reporting by ch￿itieS. Statemert of Reo)mmerKled Pract
applicable to charities PTeparrrKJ thew a(￿Ounts in accordance thith the FirAngal RwbrwJ Stsr¢Ard gpplirable in the
UK and Republic of Ireland (FRS 1021 (eff￿tive 1 JanLW 20191.
OBJECTIVES AND ACTMTiES
The object of the charity is to prowde for persons sufferirrfj from Mulli￿ sden)si4 or ary other physical or mental
disabilty. and in need thèrefore of housing and any other assc#ialed amenitt5 spegfi￿Ity designed or &J8Pted to meet
the disabilitie5 and Tequiremerrts of SLth persons on lems appropriate to their needs.
ACHIEVEhlENT AND PERFORMANCE
The trustees Co￿81der the perfomian¢% of the Trust lo be satisf&*.
FINANCIAL REVIEW
The attached financiat siatsments sFKMTthe WESUtEs ftylhe yea Bn¢Jed 31 2023 whit* Ihe trustees
COn￿der to te satisfacaory.
Reseryes polky
The trustees have eSts1￿1$P*d a rp)lity vlknby th& unrestrided funds rrt ¢ommitted or invested in tsngible fixed assets
(the free reserve5), hdd by the tsjnpary. shouw be betr•Ren and years oflhe reser￿ e>4)ended.
Free reserves repres8rtthe working ca￿1 ofthe ￿)Mpany. avdllable to SUPFQrt short and medtum term
obpctsves and lo safegwd agalr￿ urw8(thd decfease8 in incxAne.
At present the trustee8 are sattsfiwj that these Obl￿tiveS are beirrfj met
STRUCTURE. GOVERNANCE AND MANAGEMEpir
The ￿d8 8et up by a trust deed dated 20 March 1989 as a lo knlian Prime. The furKI 15 a registered charity,
Numoer 701450.The chan'ty is maintsined by the twtrs as set out in the trust de&l.
Wrth regard to risk managetnenl the tr￿ee& have examir*J the mai(Y stralegic tyjsiness ar¥J oFerational risks ￿ttl¢h
the charity faces and confirm that systems have estaW15hgJ to erth re9￿ar repcyts to be prod(Ked so Ihat the
necessary sleps can be taken to lessen these risks.
The ￿ginal objective of provithng manapj ojntrdled residential ptoperties fcy M S Suffere￿ ojntin
In planning our actiMties for the year we kept in mind Chairty ComrnissirMJ's gUIdar￿ on public ￿efft St IrLthe
meetings.
REFERENCE AND ADMINISTRATIVE DETAILS
Reg55tered Charlty number
701450
Princlpal addrès8
CathedTd Chamb8rs
Amen Alley
Derby
Derbyshire
DE13GT
Trustse8
The trustees served the during the perfod there as foltffi:
Chalrman
P H Mllner
Other elected Trustses
P J Collinson
B A Scott (Resigned 2￿0￿23)
Page 1

ULIAN PRIME TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
REFERENCE AND ADMENISTRATIVE DEfAILS
Independent Examlner
Johrtson fidsall Lirnited
Chartered Accountsnts
81 BLtrton Road
Derby
Derbyshi
DE11TJ
&2Z
)proved by order of the t4)ard of trusiees on. ........ ...... . . .
.. arml signed on its behalf by.
rustee
Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
LIUAN PRIME TRUST
Indepgndgnt gxamin8es reportto the trustoes of Llllan Prfme Trust
I rep)rt to the charity trustees on my examwtson of the of Lilian Prime TrLtst (the Trt￿t) br the year ended
31 MaKh 2023.
Responslbllltle5 and baskn of report
As the charity trustees of the Trust you are resF¥)n$ibte fw ts preparntion of the ac£ounts tn accordance vrith the
requirements of the char￿eS Act 2011 Ilhe Att).
I rewt in resFect of my exarnination of the Trusys 8co)unts cwrfed out under Sethon 145 ofthe Act and in carr￿Ag ￿t
my ex8minab.on I have follfftd all apFl]￿b1e Dir￿tionS given Charity Commission under S￿￿On 145t5llb) of
the ACL
Independent examlnets statement
I have completed rny examination. I that rK) material matters t￿e ¢orne to my attention in (%ffit¢tion vAth the
exarnination giving me cause lo believe that in ary maleriat res
8ccountiThJ records were rmx kept In reSp￿t of the Trust as reqLMred by Sec*on 130 of thg A(*, or
the aco?unts do nci ￿Cord those r￿dS.. or
the acLounts do not c￿pIY wth the ap￿Icable reqlllrements corwning the and corrterrt of accounts set
out in the Charities {A¢¢ounts arKI Reports) RegLd8ti￿S 20C6 other than any requirement that the ￿lUnts gtve
ttue and tair is not a matter con5idpJed as part of an indewdent examlnation.
I have no corKems and have come across no other matters in eonnedion the examinabon to v•hich attention should
be dravffl in thls report in order to enable a proper undefstthrg of the accourrts to be reache(L
David Mellor FCA
Johnson fidsall Limited
Chartered Ac£ountants
81 Burton Road
Derby
Derbyshl
DE1 1TJ
Date..
,)3111
Page 3

LILIAN PRIME TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2023
Unrestrfcted
fund
Total
furKIs
INCOME AND ENDOWMENTS FROM
Investment income
31706
32,518
XPENDITURE ON
Charitable ac11vit￿5
£tivitses
10.861
22,520
NEf INCOME
RECONCILIATION OF FUNDS
Total fund5 biought for%Yard
1,107N50
1.097.452
TOTAL FUNDS CARRIED FORWARD
1,129,295
1,107,450
Page 4

LILIAN PRIME TRUST
BALANCE SHEEr
31 MARCH 2023
2023
Unrestrfcted
fund
Total
fijnds
FIXED ASSETS
Investment propety
970000
970,000
CURRENT ASSErs
Debtors
Cash at bank
64.706
101885
49,249
105.983
167￿91
155.212
CREDITORS
Amounts falli￿ due within one year
18,296)
(17.762)
NEf CURRENT ASSErs
159,295
137.450
TOTAL ASSETS LESS CURRENT UABIUTIES
1.129.295
1,107.450
NEf ASSETS
1,129296
1.107,450
FUNDS
Unrestricied funds
10
1.129.295
1.107,450
TOTAL FUNDS
1.129.295
1.107.450
The financyal statements were approved ty Ihe B0￿d of Trik%te8s and authorised for issue
2.2•d..•kn￿.. 2•Z.l... and ￿re signed on its behalf ty:
r- Trustee
P J collinsc￿- Trustee
The notss fom) part ofthese financJal 8tatanents
Pag& 5

ULIAN PRIME TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
ACCOUNTING POUCIES
Basls of preparlng the flnanclal statements
The financial staternents of the cliarity, ￿lch is a put1￿ benefit entity urKkr FRS 102, have been prep8red in
accoTdanee wth the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of
RecOmm￿ded Practice applicable to charities weparing tsr ac£iyJnts ui accordan￿ wth the Financkil
Rew)rting Standard applicat￿e in the UK and Reput4￿ of Irelarml IFRS 102) leffecbve 1 January 2019).. Financial
Reporting Standard 102 Tr Finan(ial Reporting Slandatd a￿[Cable in the UK and Republic of Irelantt and the
Charities Act 2011. The finanraal statefflents ha￿ teen prep￿ed underthe hist￿Ical c05t c(wNention.
The finan￿al statements have been prepared to give a Irue and fail view and have departed from the Charities
(Accounts and Reports) Regulations 20CE onty to the extent required to prowde a and fair ￿e￿.. This
departure has involved followng the AccounlirvJ and Reportiw by Charities.. Statement of Recommended
Practi￿ ap￿ICable to thariti.es preparing their accounts in accordance ￿th the Financiai Rep)rting Stsndard for
Smaller Entities published on 16 July 2014 fattr￿r than the kcounting and Rewrting by Charfties.. Statèment of
Recommended PraGtiGe effectNe from 1 April 2CX15 vthith ha5 Sin￿ iEen *itlKJrdwm.
The presentation ¢urrerKy of the fjnanaal statements is Ihe Pound Sterftr¥J (£).
Slgnlftcantjudgements and esttmatss
The estimates and undedying assumptions are reme1￿ on an ongoiNJ basis. Remsiorts to aceounts.ng
èstimates are rec(>Jnised in the peri¢)d in whth the 8slimate is rew5ed if revision onty affects that period. OT in
the perlod of the rev1￿c￿ and ftftU￿ peri(*ts ifthe wsion affects toth cltrrent and future periods.
Flnanclal reportlng standard 102. reduced dIsclosu￿ exemptlons
The charity has tsken advantsge of the f(Alowro disdo$u￿ exemptions in preparing Ihese financaal statements,
as perm¢tted by FRS 102 The Financial Repcxb'rg Standard apF4icable in the UK arKI Republic of Ireland,:
the reqimrements of ￿loTr 7 ststeffl￿t of Cash Flow5.
Inc¢)me
Al income is rec4nised in tt* St*ement of Finarwl kntivilies ortr ts tharity has entillerrEnl to the fuTrJs, it
1$ prowe that the income be r￿e1ved and the arn￿nt can be meagjred reliabty.
Dgbtovs
Other debtors are recogni5ed at the settlement am￿nI due less ary (JiscounL
Expenditurg
abilits'es are recognised as experKffture as SODn as there a legal or construth oblig8Uon ￿nmittIng the
charity to that expenditure. it is probable that a transfer of economic beneffts wll be required in setitement and
the amount of the obligation can be measured rdiat4y. Experbjilure k8 ac￿nted for on an ac£ruals basls and
has been dassified under headings that aggregate all cost related to the ralegw. Where costs CaThr￿t be
direcuy attrilxrted to parbtyJlar headings theg have teen alIL￿ated to &lfviknes on 8 basls conslsientvrilh the
of resources.
CredltOT¥
Creditors are recognised th the d￿rIY has a present cbltgab'cfft resulting from a W event that wll probab
result in the transfer of frjnds to a third paty and the amount due to setue 1he Ot￿l￿tIOn can te measured or
estimated reliably. Creditcfs are recognised at lh￿r settlement ￿QunL
Investment property
Investment propety Is shown at most reL%nt val￿10Th Any ag￿ surplus or defi¢it ari*ng from clHn9es in
falr value Is recognised in the Statement of Finandd knjbe5.
Taxatlon
The charity is exempt from tax on its charitable activiknes.
Fund accountlng
The charity maintains level of reserves requited to fu￿1 its obJe¢tives. The t#)ard of tnjstees monitots
reserves at regular meetings.
Unrestricted funds can be used in accordance ￿1th the ehritable objectives at the discretic￿ ofthe
tNstee

LILIAN PRIME TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 MARCH 2023
INVESTMEMT INCOME
2022
Rents received
Deposit a¢count interest
32,472
3a504
14
31706
32.518
GHARrrABLE ACTivmES COSTS
Direct
Costs (see
rKsle 4)
Supp)rt
costs (see
Acbwtie$
10,861
DIRECT COSTS OF CHARITABLE ACTMTIES
2023
2022
Management fees
Maintenanee ojsts
Bad debts
3,700
3.535
18
3,2N)
15,694
18.944
SUPPORT COSTS
FEnan¢x
Ttstsls
17
3,591
Support cc6ts, induded in the abovq ¥e as foll
21f2
Total
actmties
kti¥ities
Interest payabb similar
Insurance
Adrnirustradon o
17
3,061
630
716
3,576
TRUSTEES. REMUNERAnoN AND BENEFrrs
There no trL￿t8es, remuneratiry) ￿ other beneffts for Ihe year ended 31 March 2￿ rTh for the year ended
31 March 2022.
Trusleès, expenses
There m no truste￿ expenses w'd for the year ended 31 2023 for Ihe year erlded
31 Marth 2022.
Page 7

LILIAN PRIME TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023
INVESTMENT PROPERTY
FAIR VALUE
At 1 April 2022
and 31 March 2023
970,000
BOOK VALUE
At 31 March 2023
97QOOO
At 31 March 2022
970.1)30
Falr Wdlue at31 Marth 2￿ is represented by.
Valuati¢Jn in 2023
970.000
If investment propwty had nc* been revalued it ￿1)Uld have irLdudgJ at the foll(Ywirg histsica cost..
2023
2022
Cost
438,168
438.168
Investrnenl propety w3s valued on an open market basis on 31 Marth 2023 trustees.
DEBTORS: ApiiouNfs FALUNG DUE VIITHIN ONE YEAR
2023
2022
Olher debtors
64.706
49.249
CREDITOR8: AMOUNTS FALUNG DUE WITHIN ONE YEAR
2023
Other creditors
296
17,762
10.
MOVEMENT IN FUNDS
Net
movement
in funds
At 114r22
3113r23
Unregtrfcted fuN19
Generd fvnd
1,107,450
21,845
1,129,295
TOTAL FUNDS
1,107,450
21,845
1.129,295
Net movement in fijnds. induded in the abo￿ a￿ as folkxs"
oming
resources
Resources lknvement
expended
in funds
unr￿trIOted funds
General fvnd
31706
(10m1)
21,845
TOTAL FUNDS
31706
(10.861)
21,845
Page 8

ULIAN PRIME TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 MARCH 2023
10.
MOVEMENT IN FUNDS- ¢onlIn￿l
Comparative¥ for movement In funds
Net
movement
in furxjs
At
31r3r22
At 114r21
Unregtrict¢d funds
General furld
1.097,452
9,998
1,107,450
TOTAL FUNDS
1.097.452
9.998
1.107,49J
Comwotive net m¢Jvernert In fund8. trK*uded In Ihe abcw are as follM:
Incoming
ResouTC8S Movement
. resoLwces expended infunds
Unrestrlcted lunds
General fund
32,518
(215201
TOTAL FUNDS
32,518
(215201
A cjjrrent ye8r 12 morths prior ygar 12 rnonths comtmned posi11c￿ is ay fdfcth&"
movement
in funds
At
31N23
At 114r21
Unregtrfctsd funds
General fund
1,097,452
31,843
1,129,295
TOTAL FUNDS
1,097,452
31,843
1,129,295
A current year 12 mc¥rths and prior year 12 mcth combined net MO￿nent In fund& irduded in the above are
as follows..
Inc%)mir#J
Resources
Movement
in funds
Unrestrlthd fund5
Generd furKI
65,224
{33,381)
31.843
TOTAL FUNDS
65,224
{33.381)
31.643
Page 9

LIUAN PRIME TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023
11.
RELATED PARTY DISCLOSURES
There s%Ere Tr? related paty transac*¢)ns forthe year ended 31 Ikrch 2￿.
Page10

LILIAN PRIME TRUST
DETAILED STATEMENT OF FINANCIAL ACThITIES
FOR THE YEAR ENDED 31 MARCH 2023
2023
INCOME AND ENDOWMEIW6
Investrnènt I￿Ome
Rents reGeived
Deposit account inlerest
32N72
32.504
14
32.706
31518
Totsl inGomlng resources
706
32,518
EXPENDITURE
Charltable activltle8
Managemenl fees
Malntenance costs
debts
3,700
4535
3,250
15,694
18,944
SupportCO8ts
Flnance
Bank intere¥i
17
Governance costs
Insurance
Administration costs
3.061
2.860
716
3A91
3.576
Total resources eynded
lo￿61
22.520
Net Income
21.845
9,998
Thks page doB5 notfcKm part oflhe statrts fnanrA statemerts
Page11