2020-07-31-accounts - Blackburne House

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Contents		Page
Members ofthe Board and ProfessionalAdvisors
Trustees' Annual Report
Independent Auditor's Report		15
Statement of Financial Activities		18
Comparative Statement of Financial	Activities	19
Summary Income and Expenditure	Account	20
Balance Sheet		21
Statement of Cash Flows		22
Notes to the Accounts		23

Registered	charity name	Blackburne House
Company	number	2674432
Charity number		1010546
The Board	ofTrustees	Liz Cross (Chair)
		Maureen Mellor (resigned 29/11/20)
		Sally-Anne Watkiss
		Lorna Rogers (resigned		25/02/21)
		Therese Patten
		Annette Hennessy
		Claire Ryan
		Kate Fox
		Emma Carey (appointed		29/07/20)
		Nina Roberts (appointed 29/07/20
Company secretary		Pauline Phillips (resigned 19/12/19)
		Dana Nixon (appointed		19/12/19)
Chief executive		Claire Dove OBE, DL (resigned 31/07/20)
		Anne McColl (appointed		01/08/20)
Registered	office	Blackburne House
		Blackburne Place
		Off Hope Street
		Liverpool
		L8 7PE
Statutory Auditor		Mitchell Charlesworth		LLP
		Chartered Accountants
		Registered Auditor
		3rd Floor
		5Temple Square
		Temple Street
		Liverpool
		L2 5RH
Bankers		National Westminster	Bank Pic
		2 —8 Church Street
		Liverpool
		L13BG
Solicitors		MSBSolicitors Ltd
		Silkhouse Court
		Tithebarn Street
		Liverpool
		L2 2LZ

Liz Cross	Annette Hennessy
Maureen Mellor (resigned 29/11/20)	Claire Ryan
Sally-Anne Watkiss	Kate Fox
Lorna Rogers (resigned 25/02/21)	Emma Carey (appointed	29/07/20)
Therese Patten	Nina Roberts (appointed	29/07/20)

			Unrestricted	Restricted	Endowment	Total Funds	TotalFunds
Income from:		Notes	Funds	Funds	Funds	2020	2019
			E	E	E	E	E
Donations and legacies			166,440			166,440	721
Charitable activities			783,241			783,241	1,420,828
Investments			9			9	4
Totalincome			949,690			949,690	1,421,553
Expenditure on:
Charitable activities		5	(1,007,731)	(24,706)	(38,057)	(1,070,494)	1,285,712
Total expenditure			(1,007,731)	(24,706)	(38,057)	(1,070,494)	1,285,712
Net (expenditure)/income
for the year		10	(58,041)	(24,706)	(38,057)	(120,804)	135,841
Total funds brought	forward		(290,366)	2,285,881	2,790,875	4,786,390	4,650,549
Total funds carried	forward		(348,407)	2,261,175	2,752,818	4,665,586	4,786,390

Comparat	ive in	formation	for th	e year ended 3	1July 2019
				Unrestricted	Restricted	Endowment	Total Funds	Total Funds
Income from:			Notes	Funds	Funds	Funds	2019	2018
				E	E	E	E	E
Donations	and legacies			721			721	1,885
Charitable	activities			1,060,881	359,947		1,420,828	2,686,192
Investments				4			4	7
Total income				1,061,606	359,947		1,421,553	2,688,084
Expenditure	on:
Charitable	activities			(1,206,123)	(41,532)	(38,057)	(1,285,712)	1,204,112
Total expenditure				(1,206,123)	(41,532)	(38,057)	(1,285,712)	1,204,112
Net income/(expenditure)
for the year			10	(144,517)	318,415	(38,057)	135,841	1,483,972
Total funds	brought	forward		(145,849)	1,967,466	2,828,932	4,650,549	3,166,577
Total funds	carried	forward		(290,366)	2,285,881	2,790,875	4,786,390	4,650,549

			2020	2019
		Notes	E	E
Income			949,681	1,421,549
Interest and investment	income		9	4
Gross income			949,690	1,421,553
Expenditure			986,748	1,218,840
Interest payable			4,300	8,826
Depreciation			41,389	19,989
Total expenditure			1,032,437	1,247,655
Net (expenditure)/income			(82,747)	173,898

			2020		2019
		Notes	E		6
Fixed assets
Tangible assets		12		5,063,667		5,141,298
Current assets
Stocks		13	3,243		5,336
Debtors		14	91,178		66,841
Cash at bank and in	hand		88,502		29,344
			182,923		101,521
Creditors: Amounts	falling due
within one year		15	(476,366)		(387,160)
Net current (liabilities)				(293,443)		(285,639)
Total assets less current liabilities				4,770,224		4,855,659
Creditors: Amounts	falling due after
more than one year		16		(104,638)		(69,269)
Net assets				4,665,586		4,786,390
The funds ofthe Charity
Endowment		19		2,752,818		2,790,875
Restricted		20		2,261,175		2,285,881
Unrestricted		21		(348,407)		(290,366)
Totalfunds		22		4,665,586		4,786,390

			2020		2019
			6		f
Cash flow from operating	activities			28,442		55,726
Cash flow from investing	activities
Payments to acquire tangible		fixed assets	(7,583)		(341,236)
Proceeds of disposal oftangible fixed assets			5,768
Capital grants received					323,952
Net cash flow from investing		activities		(1,815)		(17,284)
				26,627		38,442
Cash flow from financing	activities
New borrowings			50,000
Repayment of loans			(13,169)		(21,120)
Interest paid			(4,300)		(8,826)
Net cash flow from financing		activities		32,531		(29,946)
Net increase/(decrease)	in cash and cash equivalents			59,158		8,496
Cash and cash equivalents	at	1August 2019		29,344		20,848
Cash and cash equivalents	as	at 31July 2020		88,502		29,344
Reconciliation ofnet (expenditure) to net cash flow
from operating activities
Net (expenditure)/income	for	the year		(120,804)		135,841
Capital grants						(323,952)
Interest payable				4,300		8,826
Depreciation oftangible fixed		assets		79,446		58,046
Decrease/(increase) in stock				2,093		(378)
(Increase)/decrease in debtors				(24,337)		64,822
Increase in creditors				87,744		112,521
Net cash flow from operating		activities		28,442		55,726
Cash and cash equivalent	consists of:
Cash at bank				85,335		20,816
Cash in hand				3,167		8,528
				88,502		29,344

Income from donations	Unrestricted	Restricted	Endowment	Total	Total
legacies	Funds	Funds	Funds	2020	2019
	E	E	E	E	E
Donations	645			645	721
Grants receivable	165,795			165,795
	166,440			166,440	721

Income from charitable	Income from charitable	Unrestricted	Restricted	Endowment	Total	Total
activities		Funds	Funds	Funds	2020	2019
		E		E	E	E
Nursery income		256,085			256,085	337,100
Health Place income		25,054			25,054	12,019
Cafd Bar income		163,355			163,355	303,882
Rent receivable		161,983			161,983	118,996
Project and business
development		5,043			5,043	3,134
Events		61,092			61,092	79,313
Car park income		10,945			10,945	16,006
Post and photocopying		10,837			10,837	10,451
Meeting House cafe		43,441			43,441	177,704
Other		3,275			3,275	2,276
Liverpool City Region	—Single
Investment Fund (Capital
Investment)						323,952
National Lottery Awards for All						9,800
DW Foundation						2,000
Church Urban Fund —Windrush						12,000
Liverpool City Council-Windrush						3,000
Liverpool City Council-
Headstrong Programme		15,000			15,000
Steve Morgan Foundation		24,131			24,131
Add: Deferred income	released	3,000			3,000	12,195
Less: Deferred income						(3,000)
		783,241			783,241	1,420,828

6359,947ofthe above income for 2019was attributed	6359,947ofthe above income for 2019was attributed	6359,947ofthe above income for 2019was attributed	6359,947ofthe above income for 2019was attributed	to restricted	funds and E1,060,881	ofthe above income	ofthe above income	in
2019was attributable to unrestricted		funds.
Income from investments	Unrestricted		Restricted		Endowment	Total	Total
		Funds		Funds	Funds	2020	2019
			E	E	E	E		E
Interest received on cash
deposits

5.	Analysis ofexpenditure	on	charitable		Activities
	activities			undertaken		Support	Total	Total
					directly f	costs f	2020 f	2019 f
	Nursery				229,135	82,086	311,221	340,564
	Health Place				20,282	9,121	29,403	35,810
	Cafe				245,479	51,684	297,163	370,339
	Meeting House				61,455	15,201	76,656	248,737
	Events				81,627	21,282	102,909	95,106
	Projects and Business Development				13,699	6,081	19,780	35,771
	Building management				114,793	118,569	233,362	159,385
					766,470	304,024	1,070,494	1,285,712
	Of the above costs f1,007,731 (2019			f1,206,123) were		attributable to unrestricted funds,		f24,706 (2019
	f41,532) were attributable		to restricted	funds,	and f38,057 (2019f38,057) were attributable			to endowment
	funds.
6.	Allocation ofsupport costs						2020 f	2019 f
	Management salaries						40,306	57,029
	Premises costs						100,665	103,573
	Office costs						40,165	48,569
	Depreciation						79,446	58,046
	Professional						26,876	35,466
	Other						9,933	19,463
	Governance costs(see	note	7)				6,633	6,633
							304,024	328,779
7.	Governance costs						2020f	2019f
	Audit and accountancy	fees					6,633	6,633

Staff costs and numbers				2020	2019
				6	6
The aggregate payroll costs were:
Wages and salaries				657,146	720,961
Social security costs				35,255	37,495
Other pension costs				15,231	13,926
				707,632	772,382
Recharged salaries				(36,297)
				671,335	772,382
				2020	2019
Particulars ofemployees:				6	E
The average number of	staff employed	by	the
Charity during the financial year amounted			to:	49	54
There are no employees	with emoluments		above E60,000.

Net income/(expenditure)	for the year	2020 f	2019 6
This isstated after charging:
Staff pension contributions		15,231	13,926
Depreciation		79,446	58,046
Auditors' remuneration —as	auditors	5,460	5,460

12.	Tangible fixed assets	Tangible fixed assets		Building		Fixtures &
				Alterations	Equipment	Fittings	Computers	Total
				E	E	E	F.	E
	Cost
	At 1August 2019			6,139,422	227,125	265,764	58,468	6,690,779
	Additions				2,829	4,754		7,583
	Disposal				(5,768)			(5,768)
	At 31July 2020			6,139,422	224,186	270,518	58,468	6,692,594
	Depreciation
	At 1August 2019			1,044,474	199,976	246,563	58,468	1,549,481
	Charge for the year			71,840	5,494	2,112		79,446
	Disposal
	At 31July 2020			1,116,314	205,470	248,675	58,468	1,628,927
	Net book value
	At 31July 2020			5,023,108	18,716	21,843		5,063,667
	At 31July 2019			5,094,948	27,149	19,201		5,141,298
13.	Stocks						2020	2019
							E	E
	Goods for resale						3,243	5,336
14.	Debtors						2020	2019
							E	E
	Trade debtors						27,611	47,668
	Prepayments						15,674	19,173
	Other debtors						47,893
							91,178	66,841
15.	Creditors: Amounts	falling due		within one year			2020	2019
							E	E
	First Ark						24,430	22,967
	Trade creditors						63,627	88,165
	Social security and other taxes						59,621	28,430
	Other creditors						304,519	209,912
	Accruals and deferred		income				24,169	37,686
							476,366	387,160

16.	Creditors: Amounts falling due	after more	after more	than one year				2020 f	2019f
	First Ark							56,992	69,269
	Bounce Back Loan							47,646
								104,638	69,269
	The fallowing liabilities disclosed	under creditors falling due after				more than one		year is secured by a debenture
	with floating charge:
								2020	2019
								f	f
	First Ark							56,992	69,269
								56,992	69,269
	On 29 March 2018 First Ark advanced		the	charity f120,000 repayable			in monthly	instalments over 5 years at a
	rate ofinterest of8.5SS.
17.	Creditors - Capital instruments
	Creditors include finance capital	which	is due to be repaid		as follows:			2020 f	2019f
	Amounts payable:
	In one year or less or on demand							24,430	22,967
	In more than one year but no more than two years							35,674	25,018
	In more than two years but not more than five years							61,060	44,251
	Over five years							7,904
								129,068	92,236
18.	Commitments under operating	leases						Assets	other than
								land and buildings
	At 31July 2020the charity had future total non-cancellable operating leases as follows:			commitments	under			2020 f	2019 f
	Within one year							10,912	10,912
	Between two and five years							8,108	19,020
								19,020	29,932
19.	Endowment funds			As at				Transfer	As at
				1August				between	31July
				2019f	Income f		Expenditure	f funds f	2020 f
	Permanent endowments:
	Property fund		2,790,875				(38,057)		2,752,818

								As at			Transfer	As at
								1August			between	31July
								2018	Income	Expenditure	funds	2019
								E	E	E		f
	Permanent endowments:
	Property	fund						2,828,932		(38,057)		2,790,875
20.	Restricted		funds					Asat			Transfer	As at
								1August			between	31July
								2019	Income	Expenditure	funds	2020
								E	E	E	E	E
	Liverpool		City Council		Nursery		capital	3,043		(563)		2,480
	Liverpool		City Region		—Single
	Investment Fund			(Capital		Investment)		2,282,838		(24,143)		2,258,695
								2,285,881		(24,706)		2,261,175
	Comparative information					in respect ofthe		preceding period	is as follows:
20.	Restricted		funds					As at			Transfer	As at
								1August			between	31July
								2018	Income	Expenditure	funds	2019
								E	E	E	E
	National	Lottery - Award				for All			9,800	(9,800)
	IJWP Foundation								2,000	(2,000)
	Liverpool		City Council		Nursery		capital	4,057		(1,014)		3,043
	Church Urban Fund								12,000	(12,000)
	Social Investment			Business - Reach Fund					8,450	(8,450)
	P J Holt								3,745	(3,745)
	Liverpool		City Region		- Single
	Investment		Fund	(Capital		Investment)		1,963,409	323,952	(4,523)		2,282,838
								1,967,466	359,947	(41,532)		2,285,881

21.	Unrestricted	Unrestricted	Unrestricted	funds		As	at			Transfer	As at
						1August				between	31July
						2019		Income	Expenditure	funds	2020
							E	E	E	E	E
	General	fund				(290,366)		949,690	(1,007,731)		(348,407)
	Comparative			information	in respect ofthe preceding		period is as follows:
						As	at			Transfer	As at
						1August				between	31July
						2018		Income	Expenditure	funds	2019
							f	E		E	E
	General	fund				(145,849)		1,061,606	(1,206,123)		(290,366)
22.	Analysis	ofnet assets between				funds		Tangible	Net	Creditors
								fixed	current	due after
								assets f	liabilities E	one year E	Total E
	Endowment			fund				2,752,818			2,752,818
	Restricted		fund					2,261,175			2,261,175
	Unrestricted			funds				49,674	(293,443)	(104,638)	(348,407)
								5,063,667	(293,443)	(104,638)	4,665,586

		Tangible	Net	Creditors
		fixed	current	due after
		assets	liabilities	one year	Total
		E	E	E	E
Endowment	fund	2,790,875			2,790,875
Restricted fund		2,285,881			2,285,881
Unrestricted	funds	64,542	(285,639)	(69,269)	(290,366)
		5,141,298	(285,639)	(69,269)	4,786,390

(2019E1	3,926).
Deferred	income	Under 1year	2020	2019
		E	E	E
At 1August 2019		6,750	6,750	15,945
Additions				3,000
Amounts	released to income	(3,000)	(3,000)	(12,195)
At 31July	2020	3,750	3,750	6,750

Analysis ofchanges	Balance at			Balance at
	1stAugust		Non-cash	31stJuly
	2019	Cashfiowa	Changes	2020
	6	6	6	6
Long term borrowings	69,269		35,369	104,638
Short term borrowings	22,967	36,832	(35,369)	24,430
Total liabilities	92,236	36,832		129,068
Cash and cash equivalent	(29,344)	(59,158)		(88,502)
Total net debt	62,892	(22,326)		40,566