REGISTERED COMPANY NUMBER: 02925303 (England and Wales) REGISTERED CHARITY NUMBER: 1048263 Re ort of the Trustees and Financial Statements for the Year Ended 29 March 2024 Merse slde Pla Action Councll *ADiK￿0Xty 2311212024 COMPANIES H community. Connect through our facilitated network of 120 play providers across the region called 'Positive About Plal, enabling collaboration, COThdelivery, information and resource sharing lo build a stronger youth sector. MPAC provides a growing range of activities, services and support directly for young people from our fully accessible city cenlre venue. These include.. Physical health and wellbeing engagement, martial arts training (Hung Gar Kung Ful, gym facilities, fitness sessions etc. Creative art sessions, utilising dedicated spaces within our building for young people to access a range of hands on creative art activities. This includes everything from printing activities such as Grid Art and Gelli Art lo pottery. candle making. macramé workshops. 3D printing, graffiti art, air brushing, Arts-in-play residencies on play schemes, city-wide and year-round. Music tuition and technology activities, with dedicated spaces for tuition, music recording and production and separate performance spaces. Detached youth work, via local detached youth workers engaging young people from excluded, vulnerable andlor 'at-risk' groups. This involves Irusl building exercises in key areas of the city (as identified by local police forces) aimed al developing positive relationships that resolve key issues and encourage positive choices. This may include participation in MPAC'S centre-based activities. STRATEGIC REPORT Achievement and erformance review of the charit The MPAC main activity in 2023124 was running the government-initiated Holiday Activities and Food {HAF} programme for children with funding from Liverpool City Council. This programme provides for play and youth provision during the Easter, Summer and Winler school holidays. In addition. with funding provided by Liverpool City Council, MPAC was also able to deliver our 'Eat lo Meet, programme in each of the other half term periods. Page 1 Merse side Pla Action Council ort of the Trustees for the Year Ended 29 March 2024 The HAF and Eat to Meet programmes run along similar lines and provide children and young people with the opportunity to take part in free, locally based activities which also gives access to al least one meal a day. Children and young people also learn about healthy eating and nutrition while developing a range of new skills. The HAF and Eat lo Meet programmes run along similar lines and provide children and young people with the opportunity lo take part in free, locally based activities which also gives access lo at least one meal a day. Children and youn9 people also learn about healthy eating and nutrition while developing a range of new skills. Holida Period Easter (HAF) Number of Schemes 120 providers across 130 sites C & YP Attendin 21.499 total no. of unique laces 6599 6,826 places offered per day 5700 unique children and young people Meals Provided 50,471 meals May 99 organisalions covering 107 sites 38,019 meals Summer (HAFI 115 Organisations delivered across 124 sites Total no. of attendance5 4,897 lolal no of unique c&yp attendin 13,950 No. of places offered per day 3,839 total number of plac8S offered 15,356 total number of c&yp attendin 6,441 Total number of daily places 3.628 lolal no. of attendances 185,684 meals October 99 organisalions across 108 siles 34.060 meals Christmas IHAFJ 98 providers delivered across 110 sites. One provider cancelled their rovision 32.377 meals We are indebted lo our HAF Steering Group. made up of representative5 frorn different sectors across the City. The Steering Group support the HAF and half-lerm programrne in a number of ways including the decision making on grants awarded in advance of each programme. Page 2 Merse side Pla Action Coun¢ll ort of the Trustees for the Year Ended 29 March 2024 Staffin The year was one of consolidation for MPAC and we were able to focus on some internal changes lo the way in which Ihe staff team was structured given the addition of two new posts The Engagement and Partnership Manager and the Development and Sustainability Manager. We also made some changes in terms of job titles and job descriptions with the Manager becoming the CEO and the HAF Coordinator becoming the Strategic Director. The structure below as agreed by Trustees in March 2023. TRUSTEE BOARD rf•vID M¢intyr• l•n•t J•nTrlni• PlrpJ& nc• I￿￿•1 P*ul Mrln*yr• AnTh• Hu4h•¥ Prwrafflmq 4nd Admlrl*ti•i M•dlD anOWorXihtsp 011 eruttv• worxthop S•islon•l Work•r T•am p•m Coop•r In lerms of the Sessional Worker Team, there are freelance artists and musicians who work with us lo deliver our workshop programme. We have undertaken a review of the terms of reference for these staff and in 2023124 we will be implementing a new 'Self-Employmenl' agreement for all sessional staff. Finance Mana er Sadly, sinc8 this structure was agreed, Ray Wong passed away. We owe a huge debt of gratitude lo Ray for his hard work and commitment for MPAC as well as the years of dedicated fund raising for good causes through South Liverpool Rotary Club. Page 3 Merse side Pla Action Council Re ort of the Trustees for the Year Ended 29 March 2024 Youth Im rovemenl Fund YIF In May 2023 we received the formal contract from the YIF of as grant of £430,167 specifically to., Develop additional creative spaces enabling dance, drama, singing sessions and performance Designated safe-spaces for young persons aimed at promoting wellbeing e.g., via Pilales, yoga, medilalion sessions (including engaging more young persons via detached work in¢luding LGBTQl+ YP) Redevelop our physical engagemenucapacity Spaces for socialising, redeveloping unused areas into a kitGhenl¢hill-out space Complet8 work on environmental impact improvements-adaptations to our roof, wheelchair-lift and another energy-efficienl boiler. activity spaces e.g., martial arts spaces, increasing Work is now nearing completion and will allow us lo expand our offer lo children and young to include evening and weekend workshops, including partnership working lo support Cily Centre DelaGhed Youth work. We will continue lo work to enhance our capability to grow and develop the organisation and will explore any new avenues for funding that may arise. while always keeping in mind our core mission. H Ilh I Work In July 2023 we achieved the Health al Work Workplace Charter. We believe that as an employer we can demonslrale lo both new and existing employees that we are dedicated lo supporting both their menlal and physical wellbeing. Involving staff in the process was central lo our achieving Charler status. Su ortin our roviders an the wider v Our team continue to provide infrastructure support to our provider base of over 130 organisalions as well as lo Ihe wider voluntary sector. This includes support around funding,and suslainabilily and issue- based work using the Community of Practice (COP) model. In terms of funding support our Development and Sustainability Manager has helped groups raise several million pounds through bid writing and advice and guidance. Using our COP model, we have explored several issues including working with SENDINeuro-diverse children and their families and broader issues such as staff training. The work of the COP'S has resulted in a range of training initiatives for HAF providers, all of whorn reGeive free training as part of our HAF delivery and this includes,. Neuro-Diversity Autism Awareness Risk Assessment Safeguarding Physical activity Emergency First Aid Food safety Our report regarding SEND provision has been circulated across Liverpool City Council and we will continue to advocate on behalf of our families for an increase in provision and more support for children and families. We also continue to engage with a variety of strategic groups across the city including the Anti Poverly Action Group. Page 4 Merse side Pla Action Council ort of Ihe Trustees for the Year Ended 29 March 2024 DBS Checks We also run a Disclosure and Barring Service for providers and other voluntary and statutory agencies. FINANCIAL REVIEW ReserNes Polic It is the policy of the company lo maintain unreslncted reserves at a level which provides sufficient resources lo cover management, administration and support costs and lo respond to any unforeseen circumstances. The Truslees aim lo maintain a surplus over the long term, and pursue stringent cash management. STRUCTURE, GOVERNANCE AND MANAGEMENT Governin document The charity is a company Ilmited by guarantee and is governed by its Memorandum and Articles of Association which were incorporated on 4 May 1994. registered on 26 July 1995 and amended on 21 April 2008. Th8 Trustees The Trustees as Charity Trustees have control of the Charity and ils property and Funds. The Trustees when complete consist of at least five and not more than 10. Every Trustee must sign a declaration of willingness to act as a charity trustee of the Charity before he or she is eligible to vole al any meeting of the Trustees. One third (or the nurnber nearest one thirdl of the Trustees must retire at each AGM. those longest in office retiring first and the choice between any of equal service being made by drawing lols. A Trustee's term of office automatically terminates if he or she is disqualified under the Charities Act 1993 from acting as a charity trustee. The Trustees may al any time co-opt any person duly qualified lo be appointed as a Trustee to fill a vacancy in their number or as an additional Trustee, but a co-opted Trustee holds office only until the next AGM. Report of the trustees, incorporalin9 a strategic report, approved by order of the board of trustees, as the company directors, on 19 Oecember 2024 and signed on the board's behalf by.. C A Bennett- Trustee Page 5 Inde endent Auditorfs Re ort to the Trustees of Merse side Pla Action Council Oplnlon We have audited the financial statements of Merseyside Play Action Council (the '¢harity') for the year ended 29 March 2024 which comprise the statement of financial activities, the balance sheet. the statement of cash flows and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom AccoLJnling Standards. including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland {United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements.. give a true and fair view of the slate of the charitable company's affairs as at 29 March 2024 and of its incoming resources and application of resources, for the year then ended,, have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice. and have been prepared in accordance with the requiremenls of the Companies Act 2006. Basis for Opinion We conducted our audit in accordance with International Standards on Auditing (UK) IISAS IUK)} and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant lo our audit of the accounts in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relating lo going concern In auditing the financial stalemenls, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any rnalerial uncertainties relating lo events or conditions that, individually or collectively, may cast significant doubt on the charity's ability lo continue as a going concern for a period of al least twelve months Irom when Ihe financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect lo going concern are described in the relevant sections of this report. Other informallon The Iruslees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. Our opinion on the financial statements does not cover the olher information and. except lo the extent otherwise explicitly staled in our report, we do not express any form of assurance conclusion thereon. In connection wilh our audit of the financial statements, our responsibility is to read Ihe other information and, in doing so, consider whether the other information is materially inconsistent wilh the financial statemenls or our knowledge obtained in the audit or otherwise appears to be materially mi5Stated. If we identify such material inconsistencies or apparent material misstatements, we are required lo determine whether there is a material misstatement in the financial slalemenls or a material misstatement of th8 Other information. 11, based on the work we have performed, we conclude that Ihere is a material misstatement of this other information. we are required lo report that fact. We have nothing to report in this regard. Page 6 Inde endent Auditor's Re ort To the Trustees of Merse side Pla Continued Action Council Oplnions on other matters prescribed by the Compantes Act 2006 In our opinion, based on the work undertaken in the course of our audit.. the information given in the trustees, Report, which includes the directors, report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial slatemenls., and the directors, report included within the trustees. report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in Ihe.directors' report included within the trustees, report. We have nothing to report in respect of Ihe following matters in relation lo which the Companies Acl 2006 requires us to report to you if, in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us., or the financial statements are not in agreement with the accounting records and returns., certain disclosures of Iruslees, remuneration specified by law are not made,. or we have not received all the information and explanations we require for our audit: or the trustees were not entitled lo prepare the financial statements in accordance with the small companies regime and lake advantage of the small companies,. exemptions in preparing the Iruslees, report and from the requirement lo prepare a strategic report. Responsibilities of trustees As explained more fully in the statement of trustees, responsibilities, the trustees, who are also the directors of the charity for the purpose of company law. are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. and for such internal control as the trustees determine is necessary lo enable Ihe preparation of financial statements that are free from material misstatement, whether due lo fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability lo Continue as a going concern, disclosing, as applicable, matters related lo going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but lo do so. Auditor's responsibilities for Ihe audit of the flnancial statèmènts Our objective5 are lo obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error. and lo issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audil conducted in accordance with ISAS (UK) will always delecl a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregale, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, in¢luding fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misslatemenls in respect of irregularities, including fraud. The extent lo which our procedures are capable of detecting irregularities, including fraud, is detailed below. We obtained an understanding of the legal and regulatory frameworks Ihal are applicable to the charity and determined that the most significant are those that relate lo Care Quality Commission requirements. We also considered those laws and regulations that have a direct impact on the financial statements such as Charity SORP including FRS 102 and Companies Act 2006. Page 7 Inde endent Auditor's Re ort Continued To the Trustees of Merse side Pla Action Council Our approach lo idenb'ty'n9 and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, included the following.. the engagement partner ensured the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-¢omplian¢e with applicable laws and regulations; discussions with senior m8nagement', identified laws and regulations were communicated within the audit team and remained alert lo instances of non-compliance throughout Ihe audit. We evaluated management's incentive5 and opportunilies for fraudulent manipulation of the financial. statements {in¢luding override of controls) and addressed the risk through testing of journal entries to identify unusual transactions and assessed whether jLJdgemenls and assumptions made in determining the accounting estimates were indicative of potential bias. In response to the risk of irregularities and non-compliance with laws and regulations. we designed our audit procedures which included, but was not limited lo.. discussions with management about any known or suspected instances of non-compliance with laws and regulations, and fraud.. reviewing minutes of meetings of those charged wilh governance,. reviewing th8 financial statements disclosures and agreeing lo underlying documentation; analyiical r8view to identify unusual transactions., reviewing for any transactions undertaken with related parties such as those charged with governance andlor trustees,. testing and reviewing journal entries., checking expenses are bona fide Iransaclions of the charity., Because of the inherenl limitations of an audit, there is a risk that we will not detect 811 irregularities, including those leading to a material misslalemenl in the financial statements or non-compliance with r8gulalions. Th8 risk is also gr8at8r regarding irregularities occurring due lo fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. A further description of our responsibilities for the audil of the financial statements is located on the Financial Reporting Council's website at.. http'.Ilwww.fr¢.org.uklauditorsresponsibililies. This description forms part of our auditor's report. Page 8 Inde endent Auditorfs Re ort To the Trustees of Merse side Pla Continued Action Council 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 companqs members those matters we are required to State to them in an auditors. report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charilable company and the charitable cornpany'5 members as a body, for our audit work, for this report, or for the opinions we have formed. Nicholas James O'Donovan (Senior Statutory Auditor) For and on behalf of Lonsdale & Marsh 19 December 2024 Chartered Accountants Statutory Auditor 509-510 Cotton Exchange Bixtelh Street Liverpool L3 9LQ Page 9 Merse side Pla Action Council Statement of Financial Activities for the Year Ended 29 March 2024 29.03.24 Total funds 29.03.23 Total funds Unreslricted funds Restricted funds Endowment fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 51,425 51,425 36,707 Charitable activities Children's Play Schemes 1,785,685 1,785,685 964,111 Other trading activities 108,555 108,555 133,614 Investment income 56,975 56,975 65,370 Total 216,955 1,785,685 2,002,640 1,199,802 EXPENDITURE ON Raising funds 19,985 624 20,609 17,097 Charitable activities Children'5 Play Schemes 58,591 1,598,530 5,364 1662 485 1,010,339 Tolal 78,576 1,598,530 5,988 1,683,094 1,027,436 NET INCOMEI(EXPENDITURE) 138,379 187,155 (5,9881 319,546 172,366 RECONCILIATION OF FUNDS Total funds brought forward 448,517 328,153 65,863 842,533 670,167 TOTAL FUNDS CARRIED FORWARD 58fj,896 515,308 59.875 1,162,079 842,533 The notes form part of these financial slatemenls Page 10 Merse side Pla Action Council Balance Sheet 29 March 2024 29.03.24 Tolal funds 29.03.23 Total funds Notes FIXED ASSETS Tangible assets 12 734.428 445,718 CURRENT ASSETS Stocks Oeblors Cash at bank and in hand 13 14 6,280 7,273 449,313 28,118 469,410 497,528 462.866 CREDITORS Amounts falling due within one year 15 (69,877} {66.051) NET CURRENT ASSETS 427,651 396.815 TOTAL ASSETS LESS CURRENT LIABILITIES 1,162.079 842.533 NET ASSETS 1,062.079 842,533 FUNDS Unrestricted funds Restricted funds Endowment funds 16 586,896 515.308 59.875 448.517 328.153 65.863 TOTAL FUNDS 1,062,079 842,533 The financial statements were approved by ihe Board of Trustees and aulhorised for issue on 19 December 2024 and were signed on its behalf by.. C A Bennett- Trustee The notes form part of these financial statements Page11 Merse side Pla Action Council Cash Flow Statemenl for the Year Ended 29 March 2024 29.03.24 29.03.23 Notes Cash flows from operating activities Cash generated from operations 404,837 212,504 Net cash provided by operating activities 404.837 212,504 Cash flows from investlng activities Purchase of tangible fixed assets 378,752} 21.3511 Nel cash used in investing aclivities 378,752) 21,351) Cash flows from financing activities Expendilure attributable to endowment 5,988) 5,988) Net cash used in financing aclivities 5,988) Change In cash and cash equivalents In the reporting period Cash and cash equlvalenls at the beglnnlng of the reportlng perlod 20,097 185,165 449,313 264 148 Cash and cash equivalents at the end of the reporting period 469,410 449,313 The notes form part of these financial statements Page 12 Merse side Pla Action Councll Notes to the Cash Flow Statement for the Year Ended 29 March 2024 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 29.03.24 29.03.23 Net income for the reportlng perlod (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Expenditure attributable to endowment {Increase}Idecrease in stocks {IncreaseJldecrease in debtors Increasel(decreasel in creditors 319,546 172,366 90,043 S,988 6,280 (20,8461 3,826 46,763 5,988 (1,316) (1,9411 9,356) Net cash provlded by operatlons 404.837 212,504 ANALYSIS OF CHANGES IN NET FUNDS At 30.03.23 Cash flow At 29.03.24 Net cash Cash al bank and in hand 449,313 20,097 469,410 Total 449,313 20,097 The notes form part of these financial statements Page 13 Merse side Pla Action Council Notes to the Financial Stalements for the Year Ended 29 March 2024 ACCOUNTING POLICIES Basis of preparing Ihe financial statements The financial stalements of the charitable company, which is a public benefit entily under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities,. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Income All income is recognised in Ihe Statement of Financial Activities once the charity has enlillemenl lo the funds, il is probable that the income will be received and the amount Can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation Committing the charity lo that expenditure. il is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headin9S that aggregate all cost related to the category. Where costs cannot be directly attributed lo particular headings they have been allocated lo activities on a basis consislenl wilh the use of resources. Tangible fixed assets Depreciation is provided al the following annual rates in order to write off each asset over ils estimated useful life. Short leasehold property Improvements lo property Plant and machinery Motor vehicles Computer equipment Straight line over the life of the lease Straight line over the life of the lease 200/0 on reducing balance Slraighl line over 4 years Slraighl line over 4 years Stocks Stocks are valued at th8 lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Taxation The charity is exempt from corporation lax on ils charitable activities. Fund accounling Unrestricted funds can be used in accordance with the charitable objeclives al Ihe discretion of the trustees. Restricted funds can only be used for particular restricted purposes wilhln the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pension costs and other post-retlrement beneflts The charitsble company operates a defined conlribulion pension scheme. Contributions payable lo the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 14 continued... Merse side Pla Action Council Notes to the Financial Statements - continued for the Year Ended 29 March 2024 OONATIONS AND LEGACIES 29.03.24 29.03.23 Donations Recycled goods sales 51,425 35,295 35,295 51,425 36,707 OTHER TRADING ACTIVITIES 29.03.24 29,03.23 Shop income Adminislralion fees Miscellaneous income 8.771 91,660 8,124 8,370 110.000 15.244 108.555 133,614 INVESTMENT INCOME 29.03.24 29.03.23 Rents received 56,975 65,370 INCOME FROM CHARITABLE ACTIVITIES 29.03.24 29.03.23 Grants Other income Children's Play Schemes Children's Play Schemes 1.771.005 14.680 957.001 7,110 1,785,685 964,111 Grants received, included in the above. are as follows.. 29.03.24 29.03.23 Liverpool City Council - Youth and Play Grant Liverpool Cily Council - Training Granl Sutton Croft- Equipment Grant Liverpool City Council - HAF Liverpool City Council - Eat lo Meet Liverpool City Council - Positive About Play Funding Liverpool City Council - Workshops National Lottery- Awards For All Youth Investment Fund - Capital grant Youth Investment fund - Revenue grant John Moores Foundation Poslcode Neighbourhood Netherly Youth Positive Futures 60,439 60,439 22,000 24,312 206.531 600.000 43,719 70,000 1,084,200 40,000 10.000 9.164 364,64.3 59,429 8,000 24,630 30.500 10.000 1,771,005 957.001 Page 15 continued... Merse side Pla Action Council Notes to the Financial Statements - continued for the Year Ended 29 March 2024 RAISING FUNDS Other trading activities 29.03.24 29.03.23 Purchases Staff costs Rent Depreciation 7,192 5,000 2.200 1.940 5,023 5,000 2,200 1,522 16,332 13,745 Investment management costs 29.03.24 29.03.23 Depreciation 4,277 3,352 Aggregate amounts 20.609 17.097 CHARITABLE ACTIVITIES COSTS 29.03.24 29.03.23 Children's Play Schemes NET INCOMEI{EXPENDITUREI Net incomel{expenditure) is slated after chargingllcreditingl.. 29.03.24 29.03.23 Depreciation - owned assets 90,042 43.763 TRUSTEES. REMUNERATION AND BENEFITS There were no Iruslees, remuneration or other benefits for the year ended 29 March 2024 nor for th8 period ended 29 March 2023. Trustees. expenses There were no Iruslees. expenses paid for the year ended 29 March 2024 nor for the period ended 29 March 2023. Page 16 conlinued... Merse side Pla Action Council Notes to the Financial Statemenls - continued for the Year Ended 29 March 2024 10. STAFF COSTS 29.03.24 29.03.23 Wages and salaries Social security costs Other pension costs 273,173 19,118 5,021 198,108 12,462 3,332 297 312 213,902 The average monthly number of employees during the year was as follows.. 29.03.24 29.03.23 Office stsff No employees received emoluments in excess of £60,000. 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds Endowment fund Total funds INCOME AND ENDOWMENTS FROM Donations and le9acies 36,707 36,707 Charitable activities Children's Play Schemes 964.111 964,111 Other trading activities 133,614 133,614 Investment income 65.370 Total 235,691 964,111 1,199.802 EXPENDITURE ON Raising funds 16,473 624 17,097 Charitable activilies Children's Play Schemes 21,518 983,457 5,364 1,010,339 Total 37,991 983,457 5,988 1,027,436 NET INCOMEI(EXPENDITURE) 197,700 (19,346) {5,988) 172,366 RECONCILIATION OF FUNDS Total funds brought forward 250,817 347,499 71,851 670,167 TOTAL FUNDS CARRIED FORWARD 448,517 328,153 65,863 842,533 Page 17 continued... Merse side Pla Action Council Notes to the Financial Statements - continued for the Year Ended 29 March 2024 12. TANGIBLE FIXED ASSETS Improvements lo property Short leasehold Plant and machinery COST At 30 March 2023 Addilions Disposa15 214.660 779,031 334,352 21,968 At 29 March 2024 214,660 1,113,383 21,968 DEPRECIATION At 30 March 2023 Charge for period Eliminated on disposal 148.797 5.988 446,921 66,493 3,500 1,680 At 29 March 2024 154,785 513,414 5,180 NET BOOK VALUE Al 29 March 2024 59.875 599,969 16,788 Al 29 March 2023 65,863 332.110 18,468 Compuler equipment Tota15 COST At 30 March 2023 Additions Disposals 35,005 44,400 1,050,664 378,752 At 29 March 2024 79,405 1,429,416 DEPRECIATION At 30 March 2023 Charge for period Eliminated on disposal 5,728 15,881 604,946 90,042 At 29 March 2024 21.609 694,988 NET BOOK VALUE At 29 March 2024 57,796 734,428 At 29 March 2023 29,277 445,718 Page 18 continued.. Merse side Pla Action Council Notes to the Financial Statements - continued for the Year Ended 29 March 2024 13. STOCKS 29.03.24 29.03.23 Stocks 6,280 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 29.03.24 29.03.23 Trade debtors Prepayments and accrued income 71 28,047 6,723 550 28,118 7,273 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 29.03.24 29.03.23 Trade creditors Social security and other taxes Other creditors AccrLJed expenses Restricted grants in advance 4,315 5,944 983 22,340 36,295 4,406 4,961 2.841 19,868 33,975 69.877 16. MOVEMENT IN FUNDS Nel movement in funds Al 29.03.24 Al 29.03.23 Unrestricted funds General funds 448,517 138,379 586,896 Restricted funds National Lottery Capacity Builders BBC Children In Need Sutton Croft - Equipment Liverpool City Council- Eat to Meet Youth Investment Fund - Capex 246,442 13,426 27,200 21,085 20.000 (115,060) {1 ,2271 (6,8001 (4,0051 120.0001 334 247 187.155 131,382 12,199 20.400 17,080 334 247 515,308 328.153 Endowment fund$ Endowment Funds 65,863 15.988} 59.875 TOTAL FUNDS 842,533 319,546 1.162,079 Page 19 continued... Merse side Pla Action Council Notes to the Financial Slatements - continued for the Year Ended 29 March 2024 16. MOVEMENT IN FUNDS - continued Net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General funds 216,955 {78,5761 138.379 Restricted funds National Lottery Capacity Builders Liverpool City Council - Youth and Play Grant 88C Children In Need Sutton Croft- equipment Liverpool City Council - Eal lo Meet Liverpool City Council - HAF Liverpool City Council - Workshops Liverpool City Council - Positive About Play Youth Inveslrnenl Fund - Capital Youth Investment Fund- Revenue Postcode Neighbourhood John Moores Foundalion Other funds 9,164 40.500 {124.2241 (41,7271 {115.0601 11,2271 60,439 (60,4391 {6,8001 {4,0051 (1,104,200) 170,0001 110,0001 16,8001 14,0051 {20,0001 1,084,200 70,000 10,000 40,000 364,643 59,429 24,630 8,000 14,680 140,0001 130.3961 159.4291 124,630) 18,000) 14,680} 334.247 1,785,685 11,598,530) 187,155 Endowmenl funds Endowment Funds {5,988} 15,988) TOTAL FUNDS 2 002,640 (1 683,0941 319,$46 Comparatlves for movement In funds Net movement in funds At 29.03.23 Al 01.04.22 Unrestrlcted funds General funds 250.817 197,700 448,517 Restricted funds National Lottery Capacity Builders BBC Children In Need Sutton Croft- Equipment Liverpool City Council- Eat to Meet Liverpool City Council - HAF Playdays 268,846 14,653 34.000 (22,4041 {1,2271 {6,8001 21,085 20,000 30,0001 246.442 13,426 27,200 21,085 20,000 30,000 347,499 (19,346) 328.153 Endowment funds Endowment Funds 71.851 {5.9881 65,863 TOTAL FUNDS 670,167 172,366 842,533 Page 20 continued... Merse side Pla Action Council Notes to the Financial Stalernents - continued for the Year Ended 29 March 2024 16. MOVEMENT IN FUNDS . continued Comparative net movement in funds. included in the above are as follows: Incoming resources Resources expended Movement in funds Unreslricted funds General funds 235,691 {37,9911 197.700 Restricted funds National Lottery Capacity Builders Liverpool City Council - Youth and Play Grant BBC Children In Need Sutton Croft - Equipment Liverpool City Council - Eat to Meet Liverpool City Council - HAF Liverpool City Council - Training Grant Liverpool City Council - Positive About Play Youth Investment Fund (22,4041 {1,2271 (22.404) (1,2271 60,439 (60,4391 {6,800) {3,227) 1580,000) 1236,531) 122,000) 16,8001 21,085 20,000 {30.000) 24,312 600,000 206,531 22,000 43.719 7,110 143.719) 964,111 (983.457) 119,3461 Endowment funds Endowment Funds (5,988} {5,988} TOTAL FUNDS 1,199,802 (1,027,436) 172.366 All of the above restricted funds relale to grants received to fund play activities throughout school holidays. 17. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 29 March 2024. Page 21 Merse side Pla Action Council Detailed Statement of Financial Activities for the Year Ended 29 March 2024 29.03.24 29.03.23 INCOME ANO ENDOWMENTS Donations and legacies Donations Recycled goods sales 51,425 35,295 1,412 51,425 36,707 Other trading activities Shop income Adminislralion fees Miscellaneous income 8,771 91,660 8,124 8,370 110,000 15,244 108,555 133,614 Investment income Rents received 56,975 65,370 Charitable activilies Grants Other income 1,691,391 94,294 957,001 1,785,685 964,112 Total incoming resources 2,002,640 1.199,802 EXPENDITURE Other trading activities Purchases Wages Rent Short leasehold depreciation Improvements lo property depreciation Plant and machinery depreciation Computer equipment depreciation 7,191 5,000 2,200 195 1,174 55 517 5,023 5,000 2.200 195 1,174 55 98 16,332 13,745 Inveslmenl managemènt costs Short leasehold depreciation Improvements lo property depreciation Plant and machinery depreciation Computer equipment depreciation 429 2,588 120 1,140 429 2.588 120 215 4,277 3,352 This page does not form part of the statutory financial statements Page 22 Merse side Pla Action Council Delailed Statement of Financial Activities for the Year Ended 29 Mar¢h 2024 29.03.24 29.03.23 Charitable activities Charitable expenditure Other direct costs 1,184,127 1,766 650,539 1,244 Support costs. Wages Social security Pensions Rates and water Insurance Light and heal Telephone Postage and stationery Sundries Volunteers expenses Motor & travel expenses Repalrs & maintenance SLJbscripiions Audit fees Accountancy Computer expenses Bank charges Security costs Examiners fees Legal fees Cleaning and waste r8moval Short leasehold depreciation Improvements to property depreciation Plant and machinery depreciation Computer equipment deprecialion 268.173 19,118 5,021 7,926 7,684 24.825 7,154 2,671 2.178 5,725 3,026 5,818 2,774 9,000 665 6,605 825 5.496 (1,6201 4.999 4,704 5,364 62,731 1,505 14.225 193,108 12,462 3,332 7,079 6,530 20,202 7,157 2,548 1,473 10.180 3,217 17,673 5,249 9,000 606 7,136 1,497 2,914 1,680 3,624 5,364 32,336 1,505 2,684 1,662,485 1010,339 Tolal resources expended 1,683,094 1,027,436 Net income 319,546 172,366 This page does nol form part of the ststutory financial statements Page 23