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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|||
##
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|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)|
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||||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|
##
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|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|
##
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||||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|
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|Income from donations|and|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|
##
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##
|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|
##
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|||||||||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|
##
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|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|
##
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##
|(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|
##
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##
|28.|Analysis ofchanges|in net debt|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|