Charlty R•gl•tr•tlon No. 1047380 ompany R•glBtratlon No. 03032531 (England and Wal••) MID6TREAM (¥VEST LAtIGS) LIMITED ANNUAL REPORT AND FINANCIAL STATEMEKr3 FOR ThÉ YEAR ENDED $1 MARCH 2021 MIDSTREAM (WEST LANCS> LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Rob¢rtA. John6ton• P•tarA. Ath•rton Sg¢rotary Antta C. Cooko Charlty nurn￿r 11147350 Compny number 03032531 Prin¢lp•l •ddrM• 2 Penrose Pla Pimbo SkelmeT8dde Lancashir¢ N8 gPR 2 Penn)8e Pla Plmbo Skelmersdaie L8ncashire WN8 CPR Auditor Ja¢*80n St•phen LLP Jaffles House Slonecross Busines8 Park Yvw Tree Wthngton Cheshire WA3 ￿0 Bank•r¥ The Cr￿peratiVe Bank plc PO Box 101 1 Balloon Street Mancnesfrr J4EP MIDSTREAM (WEST LANCS) LIMITED CONTENTS P•g• CommMl•• 14l•mborn' r•port statement of con￿￿tte Membern. re8pon8*Jilll Indop8nd•nt 4u¢ators rèport Stalem8nl of ffinon¢i?l a¢tiv￿ BalaneA sh￿t statement of cash tkyws 10 Not•s to the flnandal slatements MIDSTREAM IWEST LANCS) LIMITED GOMhllTTEE MEMBERS. REPORT (INGLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2021 Thè ￿n00•M•￿t Committ80 pro8•nt thèir ryrt wd fiMnciAI Atatom￿lS fortho y•ar •J)dod 31 March 2021. . The finan¢Oal 8tatements have been prepared In accordance with the occounllng poldes 8gt oul in the not&8 to the flnandal statements and (x)mply wlh the charity's ty)vemlNJ the Compan￿6 AL* 2006 and "Aco)unb'ng and Rep￿￿n9 by Charitl88.' Statement of Recommended Pra¢Xice applicable to chariliès preparlng inelr accounis In accoraance wth the Finana81 Repornng stsndard appth"G8bie in tile UK and Rgpubli¢ of lrnl•ThJ {FRS 102) (effedlve 1 January 2019)". Obi•ctl¥w •nd •eOvltl•• Th• charity review8 itB Aims. obj•elhth* #nd ¥elhA￿•S •*eh y•Ar to hdp •niur• il fo¢u#•8 on it8 Btated purposes. The trustees have referred to the ouldance ct*ntsined In the Charlty Commlssion's gan8rg1 guidance on publk beneffit vA)èn rÈviewng the charity8 aimB. objectives and In plannlng ts future adi¥ities. objeus of thg Gharty are to provtde employ1￿nI opportunbties and to promots the adVanc￿￿nI of •du¢atlon, In ￿￿¢U1*r omong8t ￿Ung Peop￿ and adults with kamlTha dWfiGulU••, Phys￿81 ￿l￿tIllI￿•S and those from th• n•gative effeets of long temi unemploym•nt. By th• provi*ion of weh ￿￿Ing la￿1[11•6 Ihe ￿rnpanY will enabl8 such persons to 8C4ulre and develop vocational thlls wtiich VAI 8nhan(* thok employThnt Fvospect* Im￿lI of the tharty'B beyond those ￿ help dlre• 8nd Indud88 hTr)ro%rfNJ the qu81My of Ilve8 by means of respbte ￿re. fr>r fsmllles and ￿￿$￿4. Our wtsrk also has a fa¥ourable aesthetlG lrnpact uyjn th• natEnl enmronment a& a resu￿ ol our corporAtelcommunty 1gndgC4P• g•rd•ninWm*int•nane• aetiVSti86 and the grO￿l¥j1sUpp￿In9 of plants for both retail and wholesale. Thè tharW$ p)1* 1$ to consum and empty89s, through uru0￿, Staff cound18 and at megunk mottors Ilkoty to affect employees. Interest8. InfOrMa￿On oft mattern of GonGem to employ￿& 1$ grwi Ihrough 1nfvj￿n￿￿on bulletin6 and ￿portS wh1(* s¢tK to achievè ¥ common #Wa￿The￿ on the part of all •mpbyw of fv fffian¢ig1 •conomic fa(*)rB affectiTrJ lh& charws perfoTmanc4. Achl•v•ments and perlonnanc• Despite the CoTon8MN8 pandemtc Midstream has conllnued to offer health & sorial care. ethcation, I￿￿onal tralning and work athvty. whith 18 appropriate to each 8eThiL* users Ind￿idual negJ$. tt has atso made frjrther progress In se¢urlng 8 posiIKin of financral strength to ensure dellvery of Mk1stream's servKx48 Into the foreseeable futwe. The Charty has a>nllnued to progress 8ervkè usets towards The Cerb'fficale In Skllls for Womng Life award8d by Cty & Guilds. This ow8rd 1$ Part￿l0rfY suited for people wth leamlng dNhgJlbe$ andl or physlcal I mentsl b1lit1￿. Instructional staff have been ueative in their delfvery allowng 8eryOce u8ern to work towards their goals arbj engaglng them In real Iffe worklng On￿[on￿nts in a vafiety of Oc￿pational areas, %then rt was PQS¥4bb to do 80. Th98e Indude h0￿cUlture, lanthcape garden1n￿¢0￿StrU¢tign, OnvironTh￿nIal o)n8ervaOon, retail. bu$ine8& 8dmini¥trat￿rb. cr8ft¥ and eAtering. Work •xp•ri•ne•, g•th•ring 8vid8nc8. ongoing a88868m•nl and portfollo building forn￿ p8rt of the avmrd. K encourages seNke usefs to make the rlghl choice of occupation and to build the sknlls needed for g succ8s$fvl worklng life. A dear progressbn route onto NVQ is slble as MkJ$lre8m t￿1 onty (xntlnues to be awarded Approved Cenlre slatU8 to ddiver The Certificate in Ski118 for Vll)rtlrvJ Lrfe but also Is approved by the Conslrurt¢on Industy trnining Board {CITB) and Cty & Guild¥ tr the a8¥?￿r￿n1 ond aweditalKJn of Levels 1 & 2 in Hothutlur& and Buslnes8 Ad￿￿nIstratIon. In 8ddition, Mid•tr••m rnwntAin•d Inv•stry* In P•oplo Stalue and QiJ•*ty CTulld approval. As wg look lo the futwe the es8fjnli8118 not to te Com￿a¢enL To￿1ng a malor ChaI￿nge such as 8oaal èxclusk*n demands concerted efftJrt8, espedalty durk¥ the ongolng ¢OTonavinJs pandemic. Publ￿. private,. (Thimunty and voluntary Bector organ1881ion8 all have a part to play in Improvong the qualty of lrfe of people st dlsadvantaged In the byorld of work through kamiwtg dI￿bIlIt￿lS or other sp¢caal ii¥eds. Mldttsva belwe8 th81 the more we can work together the rnor• w• ￿11 achièv• In th• firture and the rrnre likely il 16 that borr19rs kn ￿￿rnent wll be brok￿ MIDSTREAM (WEST LANCS) LIMITED COMMITfEE MEMBERS. REPORT (CONTINUEDIIINCLUDING DIREGTOR8' REPOltr) FOR THE YEAR ENDED 31 MARCH 2021 Fln•nelal Y•vl•w The nèt Incomlng re8ouw forthe ye8rgnw)unted to £527.281 ond re6ep498 n¢yw 8tand at £4.323.051. This ￿r. due lo Ihe coronavlrus pandemi< there h88 been a Stgnlficant f811 In the 8cliviileg for generaliig funds and in￿ming resouices from charrtable ath"vftles. Huwever, there has been a slgnlttant Increase In olher In(xJmlng re8QUK?s and liom volunlary inwme. The charity has 8Stablish8d a good reputsuon ovar th8 years wlth sod81 workers, ￿reT$. le8¢her8. ¢8reer8 officern. etc. PartnershSp8 Kirklng wtth public, prfvate and voluntary sector organlsatb)ns aro essentlal to delivering a ¥ervKe whith meets Ihe co￿eX n8ed$ of our dienl group. Comblnlng tr8inlng and employment with the provision of day rare ha$ genernted significant incAJme frorn refrrring Organisat￿n5 such as Social 8¢Nlt¥$, w1¥alety run ro$lden15al hom￿ and S￿da1 8Ghools. Midstmm has benEfited frum in epe¢t of contrad6 6erdJred with referring organisations totallin9 £1.816.11$ P020.. £1,840,993), included wlthln the £1.615.490 12020.. £1,906,728) of Incomlng r9$0yrcts from charltable actMlle8, Imth grov￿ng empha&s on Dlrect Payfnents. MK18tream now attracting servlce users from g l￿der geograpltlc81 area induding Greater Manchester to the East. Merswide to th? and Cheshire to the South. All are wkhin. easy (laity travel ￿￿tance of Midstreaffl. Mid¢tmm'6 trndins aGtwikne6 durin9 the year have 9enerat¢d In¢om¢ from th¢ sales of good$ and tv the general public totalling £4.175 12020.. £120,513). included vAihln aCt(￿leS for generating fvThJs and contract I1￿0Th wthln onc0￿￿n9 r&8ources frorn charitable actlvllles. Thls 8ourc8 of Ino)rn C￿￿b(rtaS towards training mglerigl costs and promotional costs that the Chaiity has incuffed throughout the firAndal Thi$ yoar Midstsèam has inve3ttd QO,511 12020.. £109,721) In buildings and p￿nt and 4UiFrfn•nt. In furth8ranc• of the charftys aims and obiècb¥•s the I(￿k a dedsion In the year to conslmct a nv detached buildlng for staff and dh?nl dlning fad16Ies indudlng access road and parklryj. £17,740 was Invested in the planning and de$¥n in preparalion for the o)nslNt*on. th GontraGts 8eGured Ihe Fn4orny of MbJ$tFwnS acllv1t1￿ Into Ihe for1h￿MM9 year and beyottd, financialtry th• oullook fortho futur• 1$ utisf8¢tory. It i# the polw of the ¢harity Ih•t uwwestrktod ftmd8 whkh h9￿ not b8on deskjnatod for a 8peofi¢ use $hwkl be maintained 81 a level ewiv•leftt to a minimum of three months expendrture but not more than tr￿e1¥e month8. The Management Committee ￿nsiderS that re8eNes at this wlll en8ure that. in the èv¢nt of 8 svJnrfKant drop in fvnding. Ihey will be able to continue the charity's c￿lIent aciivths while CCfflSKleralvJn Is to way8 In whl¢h addllonal funds may be raised. The trustees have assessed the rnalor rfsks to whicti thè Charity •xp0￿d, and are 8atlsfled that 8yStem8 Ora in rAac• to milvJAto gxpo$ur9 to such rfsk$. Structure. gov•mance and management The tharlty k8 a company Ilmtted by guarantee wa¥ in¢w¢*thl on 13 Marth 1995 and regkslered a8 thadty on 20 Jtme 1995. The wmpuny Is by thv and Artldes ofAB8odaiion 88taN18h me ¢)Diect8 ano p¢)wers of the Charity. The Manag•mant Conwmlttee. grg 8IBO Irust¢e$ and the dlrelknrs fDrthe purpo8• of CoM￿nY Lgw. vkno served durfno the year VI￿. RobertA. Johnstone PeterA. Atherton MIDSTREAM IWEST LANCS) LIMITED COMMirrEE MEMBERS. REPORT (CONTINUEDHINCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 AIARCH 2021 None of the Manageff￿1 Committ6• has any beneftdal Int•rè8t In Ihe company. All of Ihi Management CommNtee are members ofthe ￿MpanY and guarantse to 0)n￿bUte £1 In the event of a winding up. Under Ihe Ar￿des. th& ff*mbers ofth• Manag•m•nt C￿nN￿¢t 8f• •bct•d at Ih8 Annual GBneTrl Mwllng lo serye a ￿rtod ofthree years. Sub￿￿ to rauficauon al ewthhnnual General Meoting. Thè Manag8mÈnt Commititt& r8gul8rty throughout ￿ar lo ro￿•W thè Btratsgy, opérdtton$ and perfo￿anCe of the Charfjty. The Managen*nt Comnittee is fultry responsibk for the decision maklrrfj process operated by the Chaiity. The day to day responsibilty of managing tho Charity rests wrfh the Chlgf Executlve, Anla C. C￿ke, wtrw) is ¥¥¥pw¥*Jlg fgi ￿5Yr￿9 Cl* the specmBd and that key perform8￿ are Thg tru8t88s are famlllar Mrftrt prndfjcal woth of tr* (*arfty and their respomlbllth And uptsto tralnlng 1$ FKOVKled vthen considered necessary. Addrfonalty, new trustees will be provided w¢th aw>ropriate training aThJ Inducthn. DI￿bled p•r8on$ Applicalions for 8mployiitant ty dlsabled per80n8 are ahvay8 fiJHy consiilered. bearfng In mlnd the •ptitvd•8 of th? ¥ppliL¥nt wnremed. In the e¥ert of rnembefs of stsff beC0n￿￿j dlsabled, èv8ry effort is made to ensure that their employment withln the charity cL)ntinu•s and that the appropriate tralnlng Is arranged. It is tha polky of thè tharity that th8 training. ¢ar8or d•v•lopmont ¥nd pThnotion of di84bled pergons $h*Juld. ￿ tsr •• kN)S8ib*. be klenUeal to that of dher enK)loyw4. Empww Invohem•nt The charitys polw Is to consum and ￿1$￿$$ wtth enyws, through unhjns, staff cou￿11$ 8nd at ￿￿n9$. matters Ilkety to affect empknyees. interests. Informotion of of conrem to empl¢>yee8 18 9fr4en through Infornwbon bulknlin8 and rep￿t6 whkh s••k' to athièvè a eommon awar8ngss on Iho part of 81 employe￿ of th• firlgncwl And gc4Jnomlc factor8 affeding the group* perfomance. Auditor A r980k￿.on propowng that Jackson Stephen LLP bè reappoiknd 88 auditors of th? comp8rywIII be pul lo the Dlsclosur• of Inlormatlon tr* •udltor E8Gh Th*mber of the Manage￿￿nI Commltte¥ ha$ LX)nfirmed that there 1$ no Informatbn of whlch they awgr¢ whi¢h is r¢l¢vant to th¢ audit, but of which the euditor Is unaware. Th•y h•¥• fvrther c4)nfim)ed that th8y h8¥0 tgk•n gppropr&t• Sty to Id8ntify r•thnt 1nfrMat1￿ And to wtabli8h thgt the guditor . aware of suth information. The Comm P,A, Men*Jw8' report was apwoved by tho Bo•rd of M8n•gement Commlleg. P•t•rA. Alhorton DlrectOT Dated.. 20 SBptgmber 2021 MIDSTREAM (WEST LANCS) LIMITED STATEMENT OF COMMIThEE MEMBERS. RESPONSIBIUTIES FOR THE YEAR ENDED 31 MARCH 2021 The M8naaèmÈnt CtsmmM8• i# rnxpDnÈiblè for prèparlno AC¢U)unt# kn Attxird*c• wlth appllrabJ8 law and Unlted lfjngdom Genernlly AcceptedAccounthng Practice. Company 18w requrn me Managemem COMMrt￿ to prepare accounts knr e8Cn finandal year *fftlcn give true and faSr vlew of ¢he stal• of affalrs of the ¢harly and of It6 inwJmlThJ r880urc45 ond opplkaJon of resour￿, induding it8 not in¢¢fflo and expendituro ftythg ￿&r. In preryJring these accounts, the Man8oefflent Commlttee 15 rquired to: - Sele￿ surtaoie ac()Junting and then appty them ￿nSIstemy. - makeludg•m•nt8 and 081imat•8 that Arn r•a8onabl• And prud•nL' -state whether applkable accounllng stsndarfs hav8 been followed, su*ct to any materlal departure8 disclosed and explalned In the accounts,. and - Fyppare the the golwvj aJrKxm basls unb55 1¢ h In•pproprlot¢ to pr¢*um¢ thal th¢ Gharly ￿11 continue in 01>•r91￿. The Management Comrrfttee h respons1b￿ for keeping proper accounting record8 that dlsdose wllh reaSc￿abla curacy al any tkn8 th? ffinanclal posmon of the charfty and whtch enable 5t to ensure Ihal the a¢￿￿nts ¢￿7p￿ 'In the Gompanies Act 2￿6. ri is also responsiue for sateguarairo the assets ol tr￿ charty and hence for laklFWJ ￿sonab￿ stsps knlh¢ Fxpvenllon ond d¢t¢olon of froud and otl*r IrrryulaNo8. MIDSTREAM (WEST LANCS) LIMITED INDEPENDENT AUDrroR'S REPORT TO THE klANAGEMENT COMMIThEE OF MIDSTREAM 4WEST LANCS) LIMITED Opinlon have audited the financial staternènts of Midstream IWe8t Lanc*} Limited (the'charity'l for the yw ended 31 March 2021 vkni¢h compris& the statement of financk91 athlties, the balance sheet, the st8l¢menl of cash and the note5 to thg financial statements, Indudlng a surnmary of $Sgnificanl a¢￿)untIng pok'u¢$. Tl* ￿nanC￿l porn.ng fr8mffworK that n88 Daen applied in their preparauon18 appiicabie law ani unrtea Kingaom Acwjnting standard8, ￿cludIng FlnanrAal Reportlng Slandard 102 The Repofting Standard appliGable in tho UK and Rèpublic oflro18nd (United I￿￿d0M GeneraltyA¢¢¢ptèd knuntlNJ PraclKe). In our oplnN)n. th& firAncial slatsm•nts'. g￿e a truè and fatr ￿&W of the state of the Charttable company's affalrs a8 8t 31 IAar¢h 2021 and of its InCOn￿n9 re80urce8 and applKallon of resourc¢8, for the year then ended: have boon prowty pr•parod in aceordance with United KingdMI Gen8ralty A￿ePtsd Aoxunl¢ng Praclke; and hJ¥e De?n WEPaTeil In K￿rdance ￿th Ihe requiremems ￿ the corn￿*$A￿ 20TX. 8a•ts foroplnlon We conducled our audlt kn arxordance wth IntematiMal StsThlards on Audttlng (UK) (ISAB IUK)) and ¥ppli¢able law. Our re$ponslbSllles under those $ton¢Jard$ ar¢ furth¢r ¢Je$¢ribed in the Authto¢s responsibilities for the audlt of tho ffln8neial gtstomènts ¢édfjon of our rèport ￿ #r# indyndènt of th8 chgrity in gceordgncg with lh• •thieal requirements that are ￿leVant to our 8udit of the fin￿Gla1 statements Sn the UK. Induding the FRC'S Ethical Stsndard. aThJ w• have fulfilled our othw ethical r85PCffl$tii1ffjgS w) a¢xordar¢ca with these requlrements. W¢ tdlovo that tho audlt thrfd8nc8 we have obtskn8111s $uffithont and appropmate lo provlde a b9818 for ouropini¢)n. Conclwlon• Trlatlrvj to golng ¢onwrn In aud5Ung the financlal 8lats)tYW4nt8, havtr wncludod thal IhE Commitfv M¥mtKts' th? gplng ba618 of a￿OuntIng in ihe preparation of the IlnanrAal statem¢nts is appTQPYiOt¢. Ba8ed on the th we hove pethmed. we have not idenbfie(l any material ￿CertaInti￿ relaling to events or )ndMion8 th8t. indlvklualty or collectivdy, may ca818vJnifKanl doubt on the charity's ability to continu8 a$ a ng c￿nCern for a pe￿d ol at least thlve months trom when Ihe slatements are authorjsed lor issue. Our re8poftsibililie8 and the re8ponslblllles of the Management Comittee with respe¢t 10 9tr4ng ¢on¢em are d8Écrib@d In Ih8 rolBvgnt S8tthons Df thls roryjrt. Inform•tl•n The other InfomHtk>n compr1508 the Informalon Inc4uded In annual report olher tlw the fffi8nrAal statèments d our 8uditort$ report thereon. The Managemeftt Cornmrttee 8fft re5pollBible for the other infonnatton contsined wlthln the annual report. Our oplnlon on tho fina￿al statements does not cover the other infomiation and, ?￿p1 to the extent Other￿SE expliolty 8tatsd In our report. ￿ do not expr¥ss ony forrn uf ￿3￿UranCe oondu$bn th¢r¢on. Our r¢spon$iWIty 1$ to th¢ oth¢r inlormgtion and, in d￿n9 w. con3ider whelher th¢ oth8r Inf0m)a￿on 09 mgt•rfalty Inefjn$l•t•nt wtth th• flnaneJal #tatom8nts or our knowlèdgg obtginod in th• eourn• of the audit. or Othe￿Se gppearn to be malerialtr mi￿18¢ed. ff we identify such malerlal incon8iStende5 or apparant matsrial misslatem9nts, we are rgquired to dete￿ine vthelhèr thb gfve$ ris¢ to o material mlsstaternnt In the ￿nanc￿l $taleff•nls Ihemselvgs. W. based on thg *t)rk we havè ptrrforrwl. wg ￿ndUde thal there 18 a material mlsstatgrnt of thk8 other InfO￿at￿)n, we are requked to repgrt th4t tsFL We nothlng to report in this reg¥d. Oplnlons on othor matt•rs pmerfbod by th• Comp•nle• Act 2006 In ouroplnbn, based on th8 undertaken In the C4yJrne of our aud￿.. Ihe Informollon glven In the Commltteg Members, report, whkh Indude8 the dlrectors, report prepared for the purposes of corrwny law, for the finanu81 year for vthith the finan¢lol statements are prepared is (Th%slenl wilh the finanoal statements., and e dlrectoTr' ￿port Induoed Wtnin me GommRt88 Mèmt48rs' rep)n has bwi prepared In accord9￿¢ wlth applicabl• kn9•1 wuimmènts. MIDSTREAM (WEST LANCS) LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUEDI TO THE MANAGEMENT COMMITfEE OF MIDSTREAM (WEST LANCS) LIMITED Mattorn on whleh ￿ ar• rnqulr•d to rnport by •x¢¢pthn In the IkJht of th8 kn￿￿edge And understanding of chArity ilA onvlronrT*nt obtsIn￿ in th# rt*Jr89 of th• audit, we have not idenlrfled matsrfal m188tatements in the dlrectors, report knduded wllhln the Committee Membe￿. feport. have nothSng to report In respect of the followkng matters In relallcfi to the Companles Ad 20th8 requlres US to repDrtto you W, In our 0Onlon: aLl8quate accgunllng re￿[{16 have no( been KepL ￿ ￿lu[n* a¢J8quai¥ audll have not b*en from bran¢h•s notvitiled by uts,. or the ffinanei818latèrr*nts arg not in agreement with the accounting record$ and retum8', or Certain dl8(aosure$ oftru$lee$' remunorntlon y¢lfied ty ¥re not rnade,. or wè not r￿l￿d gll th8 Information and axplangtions w r•qulr• for ourgudtt: or the Management Commlttee were not enlMed to PTepare Iha ffinandal statem8nts In accordan￿ wSth the small companies Tegime and tske adv8ntoge of the sm811 companies, exempNon8 in preparing th¢ Cornmittee MembeTr' report and from the requiremerrt to prepgre o Strateglc report. Re8ponslbllllleB of Managwn?nt Commlllo• AS expLqined more fUIty in the ststem)t Of Gommmee MemtseT8' re8pon8lbll￿es, the Management Comm￿ee, who are also the dlrectors of the tharlty for th• purpos• of company law, are responsible for the preparatkjn of the financial slaternents ond for ￿Ing 5atisffied that they glve a true and falr vi￿. and for sueh int•mal contre4 88 the man8￿Ment Commltte8 detennSn8 Is necowry to enable the preparntion of financial stalefflents that are free from malwial misstatement, whether due lo fr8ud or error. In preparing the financial slaternenls, the Management Commlttee are reS￿nsIble for assessing the tharity's ability to continue as a golng concem, dis¢￿81ng, 88 appiieabie. matters rdated io going 8nO usng me going concem DasLS of 8c¢ounts"n9 urAes6 the manager￿nt Commltte& elther inl•nd to liquid•ts th• company or to cea8e operations, heve no realistic 8ttem8lt¥e butto do $0. Audltae# mpon#lbllltlatt ftsrthtt *udlt of th• fln•ncbl •tat•m•nt• Our objec*ves to obtain reasonable assurance about whether the financfi818tat•ments as a wholB aro freè from materlol mLsstatement. whether due to fraud or error, and to Issue an audltorfs report that include8 opinion. Rea30n8ble assurance a high level of astsurnnee but is not a guarantee that an gudit conducted In alxordance ￿th ISA8 IUK) will ahyays detect a matethal Ma￿￿tement when it exists. Misstatements can from fraud or error •nd aw ¢onsbJ¢r•d material Sf, Indlvidualty or in the aggregate. tsy Gould r¢a$onabty •xp•et•d to iThfiu•ne• th• 4eonomk d•ci•KJn8 of u8ar8 tak•n on th• b8618 of tha￿ finandg18l•tomonts. Irregulawibg$. irKILKling fraud. ar• instan￿ of nonwc0rnpl1an￿ wth laws and regul8tlon8. de8trJn pro¢edur¢$ line with our responsltMlSle8, ￿lIned above. to detect matorfol mlsstatements In re8PèCt of irregulaiilies. knduding fraud. The extent to whlch our procedures aro capable of deleding irregulaniles, Includlng fraud, 18 UetailELI l)elow. 643Ed on our undErstandlng of the"thwitabl¢ ￿MPanY and sector. we Idenufied that lh• prlnclp81 rl$k$ of non- compllance with laws and regulations related to. but We￿ not lirnited to, Ihe Cornpanles Act 2006. employment. pens#)n $nd hg81th gnd sgfoty 1ggis18tion and we eonsidered the •xt•nt lo which non-compliane• mioht h#v• rnaterial effect on the finanaal st8tements. We a150 consldered those laws and regl￿•th)n5 that have a dlre ¥npa¢t on th8.prnparthn oflhe finanial slatsmgnts such 88 thè Companie$Ad 20c￿. eva￿ated mgn8gemerf$ 5nw11ve8 ond Opportun￿03 for frouduknt Thwnipubtion of the IlnarKlal slatomen18 li￿lL*lIng the riok ol overrid8 of eontrotsl ond detemilned Ihal Ihe prlnap81 risks were relaled lo management bta• ￿ a¢cou¢)lfjng O$tfvl¢$ •ndludgenxtnt&. ## **MIDSTREAM (WEST LANCS) LIMITED** ## **INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MANAGEMENT COMMITTEE OF MIDSTREAM (WEST LANCS) LIMITED** **Our procedures to respond to risks identified included the following:** - **reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements;** - **enquiring of management about actual and potential litigation and claims, their policies and procedures to prevent and detect fraud as well as whether they have knowledge of any actual, suspected or alleged fraud;** - **• performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud;** - **reading minutes of meetings of those charged with governance;** - **obtaining an understanding of provisions and holding discussions with management to understand the basis of recognition or non-recognition of provisions; and** - **in addressing the risk of fraud through management override of controls: testing the appropriateness of journal entries; assessing whether the accounting estimates, judgements and decisions made by management are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.** **We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.** **There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.** **A further description of our responsibilities is available on the Financial Reporting Council's website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.** ## **Use of our report** **This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permit ed by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.** **Peter Atkinson F.C.A. (Senior Statutory Auditor) for and on behalf of Jackson Stephen LLP** **Chartered Accountants Statutory Auditor** **05/10/2021** **James House Stonecross Business Park YewTreeWay Warrington Cheshire WA33JD** **-7-** MIDSTREAM (WEST LANCS) LIMITED STATEMENT OF FINANCIAL ACTivrriES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR 7HE YEAR ENDED 31 MARCH 2021 Tdt#l Unrnstrfr10d funds funts 2021 lund# 2021 2021 Voluntary In¢ome Inc￿ing re80urce8 from tharltabl& a¢Yvkn•s 16vlle8 lor gener8ilng l￿d6 Investrnents Olher incornlng los￿jrCo8 7,019 1,615.4WJ 4.175 1,797 447,979 7.019 853 1,615,490 1,9C6,728 4.175 120,513 1,797 4￿,980 13,001 4,128 Tot•1 Incom? Z,076, 13,LKII Z,069,401 Z,038,1e8 Raislng funds 4,437 4,437 130.134 Charitable ￿t￿lIb#S 1.544.762 13.(K$1 1.5S7.763 1,723,302 Total r••ource• expended 1.$49.19 13.CWJ1 1.s62,2￿ 1.853.436 Not Incomè fr•rth¢ yearf N•t moveM•nt In lund• 527.281 527,281 184.732 FurKI balanc88 at 1 Awll 2020 3,795,790 3.795.M 3.611.058 Fund baL•nceB at 31 March 2021 4,323,051 4.323,051 3.795.7 Th? statement of1kn0n￿oI acllvllkns Includes all gal￿ and10sFes rewwiu¢d in the yoar. hjl In￿rne and expendtture der5¥e from C￿nIn￿1n9 a¢¢￿11￿$. Th• ¥t8twwnt of fonandal a¢liTitI￿ al80 cornplie8 *ilh the requlrements for an Inf4)me and expeThJiiur• account Ltnd•rthe Compani05Act 2c￿. MIDSTREAM (WEST LANCS) LIMITED BALANCE SHEET AS Af 31 MARCH 2021 2021 2020 FIX￿ awts Tanglble a88ets 13 1.964.031 2.033.428 CuTr•nt aM•ts 14 15 10,401 202.433 2.Z25.919 11.881 188.858 1.fj17.155 C8sn 81 Dank ¥nU in h￿lj 2,438,753 1,817,874 Crndltor•.' •mwnl• f4llln9 du• wl¢Nn year 16 (19,733) 155.512) 2.359.020 1.762,382 Totsl as••ts IN• current Il•bllltle• 4.323.051 3.795. IrKomo fund• General unrestricted ljnds Revalualton reserve 3,823,OS2 499,999 3295,791 4,323,051 3,795.790 4.323.051 3,795.790 Th• acn that ¢harity has adequat? reeources to Con￿nUe In operntlonal existence for th fores8eabl8 fijture. Thus tho Mgnagemgnt Commit¢eg ¢ontinu• to od(ppt ts golng concgm of accounting in preporing the finandal 8tstemenl8. 1.3 Chgrltabl• fund¥ Unreslrided fvnds are available fcr use al th8 discretlon of tho Manggernnt CcMnm6ttee In furfh8rnnce of their charltthle ob•s. Unwm"ae(I funL15 we Oonats"on¥ and Olher Incomlng resource8 recei.vth or generated for the ObFQ¥ ol th• ¢horlty wllhout furlhr $F•clfi•d wrpose and are avallable a8 general fund6. 1A In¢oming m8our¢e8 Income is recognised ¥4th•n tho eharfty l¥ 1o9alty ￿tilled to tt aftor 8ty p&rfomance condibonB have been the amounts can b8 m8asured r8llxbly. And it 18 pmbablÈ that Iner*nè wll r&cAiV￿. Cash donallons ore recow188d on rncg6pl. Olher donatlons are recoqn18ed oncè t￿ tharly h86 been noM8d of th& donatbn. unlw perfomance tsjnditions require deferral of the amount. Incomg tsx recoverable in relatK>n to donats.ons recetved under GIftAKI or deeds of Covenant 1$ recognised al thè Wme ofthe donatbon. Incomlng re8Our￿ from tt*mnwrdg1 •¢tTriNle8 indudlng thè ￿ppty of plants. garden fumiturn, f•ndng, ggrd8nlng sorvko8 and from tha t88 Shop are Indudpd when rec¢lv¥blp. not of VAT. Turnover Is m88sur8d at Ih8 falr vAlu8 of thè cthÈld&ratk)n racai¥@d or rec4￿#b￿ and rèprttentB amounts receivable for goods #nd seryKes provided wi Ihe o)ur8e of bU￿ness. net of dl8counts. VAT other sales re￿￿ taxes. MIDSTREAM (WEST LANCS) LIMITED NOTES TO THE FINANCIAL STATEMEKfs (GoMfiNUEDI FOR THE YEAR ENDED 31 MARCH 2021 Accountlng pojklos Icontlnuodl 1.5 Tanglble fixed a¥s Tangible fixed assets arn inll8lly rn&88fftd at Cost and 8￿quentI￿ mea8ured al Cost or valuathon. net of depred8lk)n 8nd any inwimwt1088eS. Depreualion 18 rnGognised so a¥ io wrlie off the c051 or y0￿8￿0n of assets 18ss Ihelr resldual vakns over lh￿[ u8eful Ilves on the folkniTr3 b￿￿". Freehold L9nd 8nd buildin98 Plant and machlnery Computers and offlce equlprnent Motor ¥ohld88 2- 12.$% par annum on • 8tr8lghl Ilne ba#18 1S% per annum on a redueAng balance basis 33% per annum on a r8duang b8Lqneè b8$i$ 25% p9r annum cffi a rgduang bAJan¢• bo818 Th8 gain or In￿ arfAlng on thè d1#pc￿l of an a￿at l# dètwmlnBd #k thè dilt#r8nc8 bÈttvÈ8n tha o¢eeds aN111* ￿r￿n9 value ofthe a5Bet. and 18 reLwnksed in net ￿n￿mell8XPendttU18l for the year. 1.6 knpairment offixed *Mets At ea(* reportlng end date, the ch811ty th& ￿ryIng amun15 of Its ￿r￿Ible assets lo dthmilne wnether imere is any Ind￿&￿"0n that Ihose ass￿3 have sulfrrell an Impaimieni ths. If any Sucfi InI￿allOn txlsts, tho •nw)unt of fv ast•t Is •8llmated In or(l•rlo detetwnkne the extent of IfflpakTh￿￿t I￿• {rfany}. 1.7 8tock• Stocks are stated at Ihe of cost and estimated selling pr1￿ less costs to completg 8nd 8811. Nel ￿lIsable va￿e 1$ the estiffoted selling prix le55 all e8timated costs of vjmpletlon and ￿sts to be InCu￿ed in matketing. 5elllng and di5trfbuUon. 1.8 Cash •nd ush •qulv•l•Dts Cash and lash equivalents indude cash in hand. ¢JgposKs held at ¢*1 wllh banks, other short-lerm IKiuid Inv¢$knents with tsriglnal nwlurltltss of three months or 1888, and bank overdrafts. Bank overdrafts are 8hovm within boffovAnge In eurr•nl11gblll1￿. 1.9 FIMn¢l•l In8trumonts The charfty has •18ctsd to appty the provi&on$ ol Seciion 11 'Basic Finanaal Instrum8nts' and S8dbn 12 'Other Flnan¢lal Instru￿￿nts1s$Ye&. of FRS 102 to 011 of Ns Ilnandal Instruments. Finaw instrurTwts are re￿n￿e¢j in the th8rnys l)ak9n(* sheei vtton Ihe ¢hanty bec0Th￿S party to the ntrothol Pr￿610n$ of lh• In6trun*nt. Financial assets and Ilabrfities are offset, with thg net amounts prnsented in the finandal statThnts, ¥kn&n thère Is alogaty enforceablè rfghl to sel off the recogn18ed amoun18 and therels an Inknllon to sètuo on net basis or lo realiBe the asset and 8etUe th8 liabllty simultaTH)usty. Baslc flnanLlal 888ei$. wfilch Include debioryd am (¥Bh ano bank balan￿$, are iniiialty meosured at n$8ction pri¢e in¢luding trOn￿¢110n e4¥lB and are subsequentty eath•d at am￿$8￿ cost uslng the off8Ct￿O Intor•st method Un￿$5 the arr8ngem8nt eon¥titutes a fjnanong transactkjn, where the transaeiion measured al the present value of the future recAlpts disp)unted 8t a rna￿&t rate of inte￿8t. Financ4al assets dassffied 8$ I￿Nabl? wthin one year are not omortiwl. 12- MIDSTREAM (WEST LANCS) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 A¢countlng pollcl {Contlnuad) OeTrcognition of fin•nclalassots Finan(i81 assets are derecogniseii On￿ wfien the contra(aual fvJhts to the cash IIM fmm t￿ asset expire or ar8 sgtued, or when the charty transfers the ￿nanCIal asset and $ubstsnlalty all the rfsks and rewaids of Iwmership to anolhgr entty, or If some shjnmcant rfsks an(1 r8ward8 of ¢x¥nèr8hip are retained but o)ntrol of the a88et ha8 tran8ferred to another party that18 able to aell the a¥¥Et irb Its ¢nllrrty to 4n unrelatsd Ihird Inan¢l*l Il•tslhl Baslc finandal liabiliN8s. Indudinu t*8dknr# #nd bank IoAnÈ #r& Ir41N81ty re￿nISed al tr8n$adon prfe• unless Ihe arrangen￿nI constitutes a finanung transactkjn, where the debt uistsument 15 measured at the present value of Ihe futu￿ payrnents dtscounted 018 mgrket rate of int•re8t. Finanra81 liabdit*s da8sff*d as pay8ble wNhln one year Ore not amoirri88d. Dobt kn8trum•nt8 ar• #ub￿9￿•Th1ty at amotti¢ed ¢OBL u6ing the effeokn Intere•t rat¢ M¢thod. Trade Cfedknrn en obllgatton8 to pay kir goods or that have been a￿U1red in the ordknary col of operations from suppliers. Amounts payable ore d888lfied 88 rJJffenl liabilrfciÈ8 rf payment 18 due within one year or less. W rK)i. they are prnsented as non-rJJaent lalM"lrtles. Trade ¢rgdilors are reo)gnised inK6aUy attran8actkJn price and 8ubwuenty me06ured at amrtl8ed ￿$t Using the gffectNe Intsre8t methcml. Financial ￿abill￿o8 *• dor•eogniMd wh•n th• ehorlty'¢ Kxntr•clu#l obligalion6 explrt or are di6Gharged or ancelle(l. 1.10 Employ•e benofft8 The cost of any unused holiday enth￿rr￿n1 1$ rKoonised in the period in wthith the employee's ¥eNces ar8 recew. Terminat1￿ benefits are recognls•d Imrr*diatsty a8 an expen8e when the charity is derr#)n$tr*)ly conwnitted to terrnlnate the employment ofan •mpWg orto p￿d& t•milnation b¢ft•fft8. 1.11 Rotlrgrnwrt bAn&fft# The thadty operdte8 a defined contrtbulon ￿n￿on scheme. ConMbuUons are charged In thè accouts as th•y bec¥)me p8yablo In ac(xrdanc* with thè rules of the scheTh. crttl¢*l accotsntlng ••tlmate• and￿dgern In the applOc8tlon of the i*aity's accounllng pdidos, the manag8Th￿t CommHtee are reoutred to makè jUdg¢r￿￿¢s, assumpuons ab(Krt thB carylng arnouni of assets and 118DIIII*S Ihat a￿ not adity appar¢nt from other sources. The estimate8 and assooatsd a$8umption¥ are ba8ed on hlBlorfcal oxp8rfence and other factors that are con6kl•r&l to be relevant. ArtU81 r•sults may dfftèr from th•so eslknatss. The eslimates ¥nd undetying 853umption$ a￿ revle**d on an ongoing baws. Revlslons lo accounlSr B3￿[￿a￿s arg Ill thv perfou In wh1(* the ￿m0￿18 rev18ea vffjere me rew&"on 8ffects onty tnat perirxl, or in the pgriod of the wsv)n and futur8 poritx18 Whe￿ th• ￿810Th affects both ojrrent and futu periods. crltlc81 08Wmats8 mado by the Managanwnt Commltteg In prèparing thesg finoncial statèrnents rekt6 lo the a8se88ment of the US￿11 eLX)nomic livo3 of the chariW8 kngible fred assets when detsmining the appropriate depr¢dation poli￿ 88 di8ciose(I In Nots 1.5. 13- MIDSTREAM (WEST LANCS) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2021 Vnlunt•ry Intam• Unrn•trlct•d Vwtmcted fund• funds 2021 21Y20 Donath)n8 and gffts 7.019 853 4 In¢ornlng Yvourc¢• from ¢harft•bl• •ctlvW•• Tr•lnlng arml diy car• Ineo Tvtal To kn¢om• 8olB¥ wthln thwit8b￿ athibps 1,615.115 375 1.615,4 1,Wffj.728 Activltla• for generallno fund• Lknrnstrlct•d un￿tr1ded fund# fiJnd$ 2021 2020 it•ble trading activit￿5 4.175 120,513 In¥ethents Unre8ifthd Unre8iN¢xed funds funds 2021 Intor•¢t rocopAb 1,707 14- MIDSTREAM (WEST LANCS) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EAIDED 31 MARCH 2021 Oth•r Incomlng r••ourc•• Unr••trlclod R•Jtrlctgd fundj funth Total Unrestrfcted fund¥ 2021 2021 2021 Net galn on diswsal oftsnglAg assets Other income 447.979 13.1)01 480,980 3,485 417,979 13,1Kll 480,980 4.128 Ind￿le￿ wlthln other above 18 £448.733 recelved In the year rdatlng to 8UPPOrt grant8 from the gov•mm•n¢ •nd loc•1 •uthority In r•lglion lo th• coronavirug p•nd¢mi Ralslng fund8 J8 2021 2020 Adv8rll$lng Training mateiials ftepalrB anil renewa ght and heal Motor T*lophon¢ Printing and 8ta¥onery InsurAbX• Legal and profè##b)nAI Audit Aftd AerfjuntAncy Bank tharge$ Vehi¢le 8ThJ wipment1oa￿htre Sundry 270 2.030 1.887 47 12 18 21 439 523 237 3,617 256 97,887 7,IY21 and ImpAlm￿nt Te4 Shop and plant sa105 130,134 15- MIDSTREAM (WEST LANCS) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR niE YEAR ENDED 31 AIARCH 2021 Chvilabl• actlvlti Trninlng Contract and day Incom& •v• Total 2021 Total 2020 Stsff cvsts DeprerAatson and Irrpalnnenl Legal aThJ profe•5ional Trainlig matoriti18 Repoirs and rnn•wals Stsff tr8lning Light *nd h•gt Motor ex￿n8•S Printino And #tAII(w*ry Teleplione 1266,911 89,827 2.049 ST,297 28.708 2.488 18.877 1.267.269 89,e52 2,650 57,313 28.714 2.488 16.882 29.S14 8.422 4,269 457 7,220 1,701 6,923 1.662 34.827 1.289.2fj6 92,477 3.941 128.238 28.746 9.302 22.217 SS.446 18.803 5,028 3.634 5.790 3,126 6,884 381 45.226 16 8.420 4.268 457 7.218 1,701 6,921 1.862 34.817 Insuranc Bank charge8 Audfl and accountsr Veh￿1 and fjquiwnont hir6 Sundry 10 1.557.325 1.557.763 1.723.3 An4ty81• by fund Unro$trthd fvnd$ R￿tr¢tsd fvnd$ 1.5H.324 13.001 1.514.762 13.001 For lh• yMr •nd•d 31 IA•r¢h 2020 Unrn4tr￿d fvnde 1.852.318 1.723.302 1,852,318 1,723,302 10 Manag•m•nt Commllt•• No rernuneral*)n was pth to thè trU8t￿ In ts year (2020: £Nil). Expnw trlalh'ng £Nil (2020: ￿7) *re pakl to Ihè 1ruSt8￿ wi the year. 18- MIDSTREAM IWEST LANCS) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR ThIE YEAR ENDED 31 MARCH 2021 11 Empl¢)y• Nurn￿r ol •mployo The aveiage monthty numb8rof employees duriNJ thè yearw85'. 2021 Mumb•r 2020 Nunthr Employe•0 51 Empl¢)ym•n¢ ¢08t• 2021 2020 Wages aThJ salartes Sooal se$￿￿ty o)sts Other pen8lon costs 1.085.316 J.816 94.754 1,195.213 98.967 1270,888 1,387,1 Th8 number of emptOy8es wIK>se annual remunetOtDn WAS £80.0￿ or 20¥J Numl Numb•r 60.00110 70,OLXI 70.00110 80.OCMJ 80.CQ110 90,OCKI SKI.001 to 100,CIXI 12 T•xalk*n Th¢ tharllable conyarty16 exenyt trom o)rp¢xatlon tax on choritablg adivrfibs. 17- MIDSTREAM (WEST LANCS) LIMITED NOTES TO THE FINANCIAL STATEPIENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 13 Tanqlbl• a•••ts Frnthold lond builthry Tot•1 rnachln•ry and oM¢o 04ulwi*ni At 1 April 2020 AthJll*Jn¥ 2.819.597 17.740 223,605 112.545 1.471 150,775 3,11X,522 20,511 At 31 Marth 2021 2,837,337 224, 114.016 150,775 3.127,033 Depr•clatlon and Im￿l￿*nt At 1 Ap￿1 2020 DepreGwlion charlled in the year 720.336 159,379 61, 104.747 3,087 88.632 1.073.094 15,536 At 31 March 2021 781,792 169,208 107,834 104,168 1,163,Lb)2 Carryln9 amount At 31 Mor¢h 2021 1,855.545 8.182 48.807 1.964.031 hl 31 March 2020 1,899,261 7,798 2,143 2.033,428 14 8to¢k• 2021 2020 Flnlshed gooth and goods for r￿4 10.401 11.861 15 tldJtorB 2021 2020 Affiounts falllng dut wlthln onè yè•r: Trade debtors Olherdebtors Prepayments and awued Income 178,130 2.839 21,484 178,85) 10,CQ8 202.433 188.858 16 Grvdllvr¥: fvlllny THlthln y••r 2021 Olhertaxation and Social 6o¢urlty Trado er•£lriorn Aecru￿$ and dofwr•d Ineomg 23,186 28.159 4,188 15,131 37.457 79.733 55.512 18- MIDSTREAM (WEST LANCS) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 17 R•l•t•d party trnnM¢tlon• Rwnun•rntlon of koy m•n•gemont p•rsonrnl The remuneratkjn of key mana9gment personnel Is as folkiwB. 2021 2020 A99￿gate compensatKin 93.377 2.854 18 Cash gènernied from operniiom 2021 2020 8uWu¥ foi ye 52T,281 1O4,L72 Adjustments for Investment recogni88d in statement of finandol acaivities Gakn on disposal of tangl￿8 ￿ed ?¥¥ets D•pred8￿on and Imp8imwnt of tangIb￿ r￿d a888ts (1.7971 (5.04e) 1643) 99.498 Movements in W0￿[nu capital.. Decrease In stocks (l￿e#Se) in debtor8 Inueasel(decreasel In credttorn 1.460 {13.5751 24221 11.519 124.944) (15.413) C*•h g•norat¢d from 0￿ratIOn1 627.478 248.803 19 Anaty•h of change• In n•t d•b¢ TM charity had no debt *Junng the ye8r. 19-