Company No. 03120443 Charlty No. 1051396 ST. GEORGE, HA TABLE TRUST COMPANY LIMITED BY GUARANTEE RUSTEES, REPORT AND UNAUDITED FINANCIAL STATE ENTS YEAR ENDED 30 APRIL 2024 ADIFTPAZ 2111212024 COMPANIES HOUSE A13
172
ST. GEORGE'S HALL CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees Claire F Dove CBE, DL Harry P Doyle (Councillor) Sara Lawton Sylvia Lewis Elizabeth T M81tland Gary Millar Jayne L Moore Lesley A Penlon John P Prlnce Laurence Sldorczuk Emlyn J Wright Appointed 25 September 2023 Appointed 25 September 2023 Appoinled 25 September 2023 Company Secretary Robin ThomaKles Charlty Number 10S1396 Company Number 03120443 Registered offlce and prlnclpal address: Sl. George's Hall, William Brown Street Liverpool L1 1JJ Independent examlner Anita C Mason BA(Hons) BFP FCA Mitchell Charlesworth Suite 5.1 12 Tilhebarn Street LlverpoDI L2 2DT Bankers HSBC plc 99- 101 Lord Street Liverpool LS2 6PG
ST. GEORGE'S HALL CHARITABLE TRUST TRUSTEE'S REPORT FOR THE YEAR ENDED 30 APRIL 2024 The Trustees are pleased to present their annual report and financial statements for the financial year 1 May 2023 to 30 April 2024 which are also prepared lo meet the requirements for a directors, report 8nd accounls for Companies Act purposes. The financial statements have been prepared in accordance wlth the accounting policies and comply with the Charities Act 2011. Ihe Companies Acl 2006, the Memorandum and Articles of Association, and 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) (as amended lor accounting perlods comrnenclng from 1 January 2019). Our ur an ctivities The objectives of the Trust are to se¢ure the preservatlon, prolectlon, developmenl and improvement for the benefit of the inhabitants of Merseyside and of the nation at large of features of St. George's Hall, Liverpool, which are of historic, architectural, cultural, technlcal, engineerlng or publiG Snterest and the hlstoric, architectural, cultural and technlG81 heritage of St. George's Hall. Whllst the Trust continues to receive regular small donations towards the resioration of the Hall from members of Ihe public visiting the Hall, going forward the Trust remains focussed on securing additional and significant donatlons from a comblnation of major fundraising events at the Hall. large awards from grant- making bodies and phllanthropic organisations and support from v8rious governmental and regional authorities such as Heritage Lottery Funding and Strategic Investment Funding from the Liverpool City Regbn Combined Authorlty. The Trustees have identified projects which the Trust is actively supporting and promoting. The immediate project the Trustees are focussed on is ihe creation of new statues for the Great Hall. beginning wilh the commissioning of a statue of Mary Seacole. Medium lerrn projects include repaifs lo the Willis Organ, restoration works to the Great Hall Minton Tile tloor and the further development of unused spaces and infrastructure within the Hall. In the longer term, the Trust aspires to helping to develop the Hall into 8 digital foundry. All the Trustees have been given individual roles within specific Task and Flnlsh Groups dedicated to each of the Twst's projecls in order to progress them through lo completion. The Twslees have paid due regard to guidance issued by the Charity Commisslon in declding what activities Ihe charlty should undertake.
ST. GEORGE'S HALL CHARITABLE TRUST TRUSTEE'S REPORT FOR THE YEAR ENDED 30 APRIL 2024 Achievements and erformance The Trust is continulng to make steady progress towards the total funds needed to finance the creallon of a statue of Mary Seacole within the Hall. It is intended that the first stag8 of commissioning three maquettes will take place In the near future. In tandem with this the Trusl has made great strides in working with the Mary Seacole Trust to start to develop educational material for dissemination amongst local sGhool children to raise awareness of both the Hall and Mary Seacole. The Trust's energies remained focussed on securing funds to finance major projects al the Hall and as such ils expendilure on smeller items pursuant to its charitable objects has been Ilmlted during the year lo contributlng £3,000 lowards the costs of Installlng King Charles Ill's Royal Cypher on the Willis Organ. Flnan The Trust's Gross Income of £41,001 was a marked improvement on the previous year's income £22,710 and was largely due to the Trusl's success in 8Ctively seeking significant donalions towards the project to create a Slatue of Mary Seacole within the Hall. Following the recent expiry of the Trust's contract for the hiring of contactless donation terminals (which proved costly and wére largely Ineffectlve due to the Hall's closure during the pandemlc) the Trust, with the assistance of a significant donation from an individual trusiee, has invested in the purchase of a standalone contactless terminal for use 81 the Hall. It is hoped Ihat this will boost Income from public donations and, if successful, rnay result in further such terminals belng purchased for placement around the Hall. The Trust's current reseNes remaln at 8 level which will allow the future funding of a very Ilmited number of projects. Under the memorandum and articles of associalion, the charity has the power to make any investment, which the trustees shall think fit. At present. the Trust holds no such investments. The Trustees have assessed the major rlsks to which the charity Is exposed and are satisfied that systems are in place to miligate exposure to the major risks.
ST. GEORGE'S HALL CHARITABLE TRUST TRUSTEE'S REPORT FOR THE YEAR ENDED 30 APRIL 2024 Plans for future eriods The economic climale continues to be very challenging for fundraising charities but the Trust remains focussed on those long-term projecls which it has commltted to whilst supporting smaller items of reslor8tion and repair as appropriate. The Trustees are consclous that the City Council is carrying out a strateglc review of 811 the City Halls Including St. George's Hall and awaits to see what impact, If any, this may have on the actlvilies of the Trust and Its relationship with the City Councll. Struclure mance an mana ement St. George's Hall Charitable Trust is a company limlled by guaranlée and a registered charity governed by ils memorandum and articles of associatlon. The dlredors of the charitable company {'Ihe charity") are Its trustees for the purpose of charity law and throughout Ihls report are collectively referred to as the trustees. There is no maximum number of trustees. Up to four of Ihe Iruslees may be nomlnated by the City Council. The remainlng trustees are selecled for thelr knowledge of, and assoclBtion with. the Hall andlor their willingness and abillty to promote the Trust's objects. The board of trustees are responslble for administering the charity, Any decisions which need to be made In between board meetings will be taken by the Chair, although this is very infrequent. The persons who are Trustees at the date hereof are.. Claire Dove CBE. DL Councillor Harry Doyle Sara Lawton Sylvia Lewis BEM Professor Elizabeth Maitland Gary Millar Jayne Moore Lesley Penton Councillor John Prince Counclllor Laurence Sldorczuk Emlyn Wrighl
ST. GEORGE'S HALL CHARITABLE TRUST TRUSTEE'S REPORT FOR THE YEAR ENDED 30 APRIL 2024 The following persons also serrfed as trustees during the financial year.'- Councillor Roy Gladden (resigned 4 May 2023) Dr, Steven Powell (resigned 28 June 2023) Councillor Wendy Slmon (resigned 4 M3y 2023) Steven Hunt (resigned 12 February 2024) The currenl Patrons of the Trust are: Paul Bibby, Jude Kelly CBE and Professor Oavld Olusoga 08E. Trustees res ons5b Iltles In relalion o Ihe financlal stat ment The Trustees. who are also the directors of the charity for the purpose of company law, are responsible for preparing the Trustees, Report and.the financial statements In accordance with applicable law and Unlted Kingdom Accounting Standards (United Kingdom Gener8lly Accepted Accounting Practice). Company Law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the charity and of the incoming resources and application of resources, including the income and expendilure, of the charltable company for that year. In preparing these financial statements, the trustees are required to: (a) Selecl suitable accountlng policles and then 8pply them conslstently., (bl Observe the methods and princlples in Ihe Charilies SORP (c) Make judgements and estimates that are reasonable and prudent., (d> state whether applicable UK Accounting Standards have been followed, subject to any materlal departures dlsclosed and explalned In the financlal statements; and (e) Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will contlnue in operetion The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the fin8nclal statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detecllon of fraud and other irregularities.
ST. GEORGE'S HALL CHARITABLE TRUST TRUSTEE'S REPORT FOR THE YEAR ENDED 30 APRIL 2024 Small company provisions The report has been prepared in accordance wlth the speclal provisions relatlng to small cornpanie5 wilhin Part 1 S of Ihe Companies Act 2006. 8y rder of the t stees., Claire Dove CB Chalr Dated the 12th day of December 2024 ,DL
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES ST. GEORGE'S HALL CHARITABLE TRUST I report to the trustees on my examination of the accounts of St George's Hall Charltable Trust (the charily) for the year ended 30 April 2024. This report is made solely to the charity's trustees. as 8 body, in accordance with Section 145 of the Charilies Act 2011. My examination has been undertaken so that I mSght state to the charity's trustees those matters l am required lo state to them in an Independent Examiner's report and for no other purpose. To the fullest extent pemiitted by law. I do not accept or assume responsibility to anyone other than the charity and the charity's twslees as a body, for my examlnation, for thls report, or for the opinions I have formed. R•sponslbllltles and basls of r•port As Ihe trustees of the charity (and also Its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companles Act 2006 (the 2006 AGI), Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent exemination, I report in respect of my exarnination of the charlty's accounts as carried out under section 145 of the Charlties Act 2011 (the 2011 Aci). In carying out my examination I have followed the DireclSons given by the Charity Commission under section 145(Sllb) of the 2011 Acl. Independent examlner's statement I have completed my examination. I can confirm Ihat no matters have come to my attention In connection with the examinatton giving me cause to believe: 1. accounting records were not kept In respect of the charity as required by sectlon 386 of the 2008 Act,, or 2. the accounts do not accord with those records,. or 3. Ihe accounts do not comply wilh the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'Irue and fairf view whlch Is not 8 matter considered as part of an independent examination. or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accountlng and reporting by charities applicable to charities preparing their accounts in accordance with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102>.
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES ST. GEORGE'S HALL CHARITABLE TR ST I have no concerns and have come across no other matters in connection with the examlnalion to which atlentlon should be drawn in this report in order lo enable a proper underst8nding of th8 accounts to be reached. Slgned Anlta C Mason BA{Hons) BFP FCA Mitchell Charlesworlh Suite 5.1 12 Titheb8m Street Liverpool L2 2DT Dated 18 December 2024
ST. GE RGE'S HALL CHARITAB TR ATEMENT FFI ANCIAL A TIVITIES INCLUOING INCOME AND EXP R THE YEAR END 30 IL iknr•8tilct•d R••trf¢t•d Fund• Fuftd• T1 Unr•strlct•d R•slrlcl•d 2024 Fund• Fund8 Totsi 2023 Nol•¥ DonaUoD5 GASOS I Gfft HMRC Rap8yffl8nts Organ Recrfal Tkl Incam? Talk8 Sor488 Tkket Income T8s Serles Sponsofship Incom¢ 2.387 254 31.473 73 6,834 33.840 327 6.834 1.971 830 11,469 522 656 13.440 1,152 65e 6.612 850 6.612 8SO Totil Incom• 2,621 38,310 41.001 10,083 12,847 21710 Awards madB for Tru$l Obioct• OpeffjliNJ expense8 PromolloThg1 Event 8xpen8as 3.000 5,933 7.333 3.000 10.257 7,333 4,324 4,055 3,156 5.506 3.156 Tolol •xp•ndltur• Not mov•m•nt funth Incom• Il•xp•ndltuw•l 4,324 11,7031 16,286 22,114 20,590 20,411 7.211 2,852 8,722 13.918 11,136 Tolol ftsnds brought forward 74.270 30.604 104,874 71.418 19,468 90.88 Total lund8 cathed fonv•rd 72.567 92.718 125.285 74270 30,604 104,874 The ststemeni of fin8nd81 actitIeS includes all golns 8nd Ioy4es ¢001$ed In the year thnd Mmplies th tho r•qulTem8nt6 lor an ino)me and oxpendlture a¢¢ount under Ihe Companles Act 2006. All ineomg and exp¢ndllurg for tyoth ar$ ¢Jgrfve from ntInuing aCtMtle6. The movemenl In funds deiailed above COM1•$wIth lh• ru1raman19 for • ¥tslement of chaThJes In equlty und•r FRS102. io
ST. GEORGE'S HALL CHARITABLE TRUST BALANCE SHEET AS AT 30 APRIL 2024 Total Funds 2024 Total Funds 2023 Current Assets Cash 126,965 126,965 109.874 109,874 Llabllltles Creditors . amounts falling due wllhin one year io 1,680 1,680 5,000 5.000 Not As8et$ 125.285 104,874 Funds of Iho Charlty Restrlcled funds Unreslrlcted funds 13 52,718 72,567 30,604 74.270 125,285 104.874 Tho ¢ompony 1$ enliiled lo Ihe exomplion Irom the 8udll roqulremenl contained In seclion 477 of Ihe Companles Acl 2006, for Ihe year ended 30 April 2024. The truslees acknowled90 their responsibililies for complying wllh the requir$m8nls ol the Companles Act 2008 wilh respect lo accounting r•¢ords ond tho prewrallon of finon¢S81 glal•menls. The member$ hove nol required the company lo oblain an audit of Its financial slalements for tha yeaf in question in o¢¢ord8nce wllh section 476, These financi81 stalemenls companies subject lo the s ve all co eenp pani epared in accordance wllh the provislons applicable lo reglme. ApPrOd by the tfuslee on Ihe 12ih day l Decémbèr 2024 and Signed on Ih•lr beh811 by Claire Dove CBE, D Trustee air Company Number 3120443 11
ST. GEORGE'S HALL CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 1. Accountlng pollcles 1.1. Charlty Information St George's Hall Charitable Trust Is a prlvate company limited by guarantee incorporated in England and Wales. The registered office is St George's Hall, William Brown Street. Liverpool, L1 1JJ. 1.2. Ba818 of preparlng th• flnan¢lal statements The financial statemenis have been pPared in accordance with the charity's goveming document, the Companies Act 2006, FRS 102 "The Financlal Reporting Standard applicable in the UK and Republic of Ireland" {"FRS 102") snf the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts In accordance wilh the Financial Reportin9 Slandard5 applicable in the UK and Republic of Ireland (FRS102)" (effective 1 January 2019),. The charity is a Public Benefit Entity as defined by FRS 102. The accounts are prepared In sterllng, whlch Is the functional currency of the charity. Monetary amounts in Ihese financial stalements are rounded to the nearest £. The financial statements have been prepared under Ihe hlstorical cost convention. A summary of the principal accountlng policies are set out below. The Charily h8S taken advantage of the provisions in the SORP for Charities applylng FRS 102 Update Bulletin 1 not to pffjpare a Statement of Cash Flows. 1.3. Going Con¢ern At the time of approving the accounts, the Trustees have a reasonable expectstion that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus. the Trustees continue to adopt the going concern basis of accounting in preparing the accounts. The Trustees remain confidenl of attracting major donations from indivldual donors and awards from grant-making organisations and bodies. 1.4. Incom• Income is recognised and included in the Stalemenl of Financlal Activitles (SOFA) when Ihe charity becomes entitled to the income., receipt is probable; and the monetary value can be measured with sufficient reliability. 12
ST. GEORGE'S HALL CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 Where income has related expenditure, the income and related expenditure are reported gross in the SOFA. Bank Interest 8nd donations are recognised when credited to the a)Unt Income, which Is Subject to conditions that the charily has yet to fulfil, or which is specifically for use in a future accounting period, Is treated as deferred income. 1.5. Expenditure Resources expended (and the related Ilabillty) are recognlsed as soon as an obligation to pay arlses. The amounts include irrecoverable VAT. 1.6. Cash and cash equivalent8 Cash and cash equivalents include cash in hand. deposlts held at call with banks, other short-lem liquid investments with original maturities of three monlhs or lèss. 1.7. Flnancial Inslruments The charity has elected lo apply the provisions of Section 11 '8asic Financial Inslruments, and Section 12 '0ther Flnancial Instruments Issues, of FRS 102 to all of ils financial Inslruments. Fln8nci81 instruments are recognised In the charily's balance sheet whan ihe charity becornes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when Ihere is a legally enforceable right to sel off the recognised amounts and there is an Intentlon lo seltle on a net basis or to realise th8 asset and settle Ihe liabilily slmullaneously. Baslc financlal assets Basic financi81 assets. whlch Includes debtors and cash and bank balances. 8re initially measured al transaction price including Iransaction costs and are subsequenlly carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured al the present value of the future receipts discounted at a market rate of interest. Financial assets classffied as receivable within one year are not amortised. Baslc flnancial Ilabilltles Basic financial liabilities, including Greditors and bank loans are initially recognlsed at transaction price unless the arrangement constllutes a financing transaclion. where the debt instrument is measured at the present value of the 13
ST. GEORGE'S HALL CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 future payments discounted at a market rate of interest. Financial liabilities Classified as payable within one year are not amortised. Debt Instruments are subsequently carried at amortised cost, uslng the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acqulred in the ordinary course of operations from suppliers, Amounts payable are classrfied as currenl liabilities if payment is due within one year or less. If not. they are presented as non-current liabilitie5. #term18 are recognised initially at transaclion price and subsequently measured al amortised cost using the effective interest method. Derècognltlon of financlal114billtle$ Fln8ncial liabllltles are derecognlsed when the charlly's contractual obligations expire or are discharged or cancelled. 1.8. Taxatlon The charity benefils from varlous exemptions from laxation afforded by tax legislation and is not liable io corporation tax on income or gains falling wilhin those exemptions. Recovery is made of tax deducted from qualifying income and from receipts under Gift Aid. The charity is not able to recover Value Added Tax. Expenditure Is recorded in the accounts inGluslve of VAT. 2. Crltical accountlng estlmates and areas of Judgement In the application of the charity's accounting policies, the trustees are requlred to make judgements. estlmates and assumplions about Ihe carrylng amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are consldered to be relevanl. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revlsions to accounting estimates a recognised in the period in which the estimate is revlsed where Ihe revlslon affects only that period, or In the period of the revision and future periods where the revision affects both current and future periods. There were considered to be no critical accounting eslimales or judgements applied in the preparation of these financial slatements. 14
ST. GEORGE'S HALL CHARITA8LE TRLIST NOTES TO THE FINANCIAL STATEMENTS FOR THE EAR EN D30A IL 2024 3. Donations Income from donations is included in Income when these are receivable. The amount of donations for the year ended 30 April 2024 totalled £33,840 (compared with £13,440 in the previous financial year) as follows.. Year ended 30 A rll 2024 Year ended 30 ril 2023 Unrestrlcted Income Hall's Cash Donation Boxes Electronic Contaclless Donations Other Misc. Donations Gary Millar for Contactless Donatiorb Terminal £1.020 £252 NIL £1,095 £441 NIL £1,530 NIL SUB-TOTAL Restrlcted Income to Mar Seacole Statue Pro Individual Trustee Donations.. Ga Millar & Steve MacFarlane £5,000 Major Donation5 to Seacole Statue Appeal: Parr Street Studlo £4,000 Rise Construction Framework £4,000 ' Liverpool BID Company £4,000 LCR Metroma or £6 000 LCC Transfer of net income from Floor Reveal Ticket Proceeds Misc. Donations Jusl ivin .com onllne donations SUB-TOTAL ect £5,000 NIL £18,000 £11,000 £7.162 NIL £933 £378 £31473 £333 £136 £11469 GRAND TOTAL £33 840 £13440 15
ST. GEORGE'S HALL CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 4. Operating Expenses The Trust's operating expenses of £10,257 break down as follows: Year Ended 30.4.24 Y•ar Ended 30.4.23 Maln Account Unrestrlcted Ex Just ivin .com subscri tion fees Adminislrative Ex enses Bankln Char es Fees for Electronic Donalion Card Readers Contractual fee for non-relurn of lost contactless terminal Purchase Fee for new Contactless Donation Terminal Caterin Costs Professional fees Inde endlture £216 £32 £66 £161 £492 £216 £13 £66 NIL £1,525 NIL £152 £310 NIL endent examlnation Or an Account Professor Trace Bankin Char es Seacole Statue A eal Avalar Voiceover Fee Promotional Material Ma Seacole Education and Ambassador Packs TOTAL Restricted Ex Fees enditure £72 £61 Restrlcled Ex endlture NIL £198 £3,963 £10 257 £350 NIL NIL 5. Promotlonal Evenl Expendlture The promotion81 event expenses totalling £7,333 (2023: £3,156) relate to the Mary Seacole Fundralslng Event on 27 October 2023 and the related Schools events: Artist & Organlser Fees £4,887 (2023: £2,114> Equipment Hire £1,675 (2023: £nil) Misc Expenses £772,(2023.' £1.042} 16
ST. GEORGE'S HALL CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 02 6. Fund accountlng Funds held by the charily are either.. Unrestricted eneral funds - these are funds. which can be used in accordance with the charitable objects at the discretion of the trustees. In the case of this charity this comprises the Treasurers account held at HSBC Bank, Restricted funds these are funds, which can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when speclfied by the donor or when funds are raised for particular reslricted purposes. In the case of Ihis ch8rity for this financlal year thls comprises the Organ Appeal account held at HSBC Bank and donations given lowards the Mary Seacole Statue Appeal. 7. Legal $tatU8 of the charlty The charity is a Gompany limited by guarantee and has no share capital. The liability of each member in the event of windlng-up is limited to £1. 8. R•lated Party transacllons The Hall is owned and managed by Liverpool City Council. The Councillors, who also served as trustees of the charity, are shown on page 5. During the year Gary M1118r donated £1,095 towards the purchase of a contactless terminal. Also, Gary Millar donated together with Steve MacF8rlane £5.000 and with Parr Street Studios £4,000. There are no olher related party Iransactions olher Ihan any reimbursed trustee expenses, during ihe year £570 was 1MbUrSed to one trustee in regards of travel and subsistence costs. 17
ST. GEORGE'S HALL CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 9. Earmarked The following sums have been designated to meet planned future expenditure after the end of thls accounllng perlod: Operating Cosls £218 Just9iving Monthly Subscrlpts'on Fee (£18 x 12) £1.680 Independent Examination Fee for FY Endlng 30.4.24 £137 Banking Charges £34 CompanSes House Confimiation siatement Fe8 £198 GWD Donations Terrninal Standard Service Fee £16.50 pm £300 Catering costs Mary Seacole Statue rèlated £14,400 Statue Artist Maquette Design Fees £4,800 inc VAT X 3 artists £1,321 Final 25% of Cosl of Mary Se8cole Education and Ambassador Packs Organ r•lated £1.700 Organist Recital Fees l Retainers £7,000 Organ Mechanism Repairs Other Projects £14,654 Friends Organisatlon donati¢Jn allocated to Minton Tile Clrcle Project Total Earmarked £41,640 (this compares wlth £43,561 havlng been eamarked for future expenditure at the end of the previous financial yeer) 10, Cr•dltor8 2024 2023 Accruals Deferred income (Note 12) Total 1,680 18
ST. GEORGE'S HALL CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 11. Financial Instruments 2024 2023 Carrying amount of financial assets Debt instruments measured at cost 126 965 109,874 Carrying amount of financlal liabilities measured at cosl 12. D•f•rred Incom• 2024 2023 Opening balance Deferred income Release in the year Carrying fonNard bal8nce 5.000 s,000 In the prfor year the sum £5.000 received on 4 February 2019 from Josephine Butler Memorlal Trust towards the funds for a statue of Josephine Butler has been recognised as deferred income in 8ccord8nce wlth the SORP section S.11 and 5.23 on the basis that there is uncertainty as lo whether a statue will in fact be realised in the Hall. 19
ST. GEORGE'S HALL CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 13. R•strlcled funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. MoY•m•nt In funds Movement In funds Balance at Income Expondlture B818nee at Income Expondltur¢ Balance at 3010412Q22 3010412023 3010412024 Funder PH Holl Foundalion pwc Foundallon G8ry Mlll8r & Steve M8GFarl8ne LCR Mayor 10.000 10,000 10,000 1.000 1.000 1,000 500 142 500 142 5,000 5,500 142 Will legacy Rqgendg Group P8rr Stf801 Studio Rise Construction Framework Llv¢rpool 81D Comp8ny LCR Melromayor Tickels proceeds ILCC} 1.000 5,000 350 650 5,000 850 5,000 4.000 4.000 4,000 4,000 4,000 4,000 6,000 6,000 7,162 350 6,812 Other donations 333 333 933 1,285 Online donab'ons Gift Aid Repayments Orgon Racil81 Incom 4.192 137 4.329 378 4,707 522 522 73 101 0,634 658 1,161 8,129 6,834 4.772 10,191 Total funds carr••d forward 19 468 12647 30.604 38 380 20
ST. GEORGE'S HALL CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED O APRIL 202 The funders: PH Holt Foundation, contribulion for educational projects assoGiated to Mary Seacole Statue Appe81 PWC Foundation, contribution to Mary Seacole Statue Project Will legacy, contribution to Mary Seacole Statue Project Regenda Group, contribution to Mary Seacole Statue Project Gary Millar & Steve MacFarlane, contribution to Mary Seacole Statue Project Parr Street Studio, contribution to Mary Seacole Statue Project Rise Construction Framework, contribution to Mary Seacole Slatue Project Liverpool 810 Company, conlribution to Mary Seacole Statue Project LCR Melromayor, contribulion to Mary Seacole Statue Project Tickets proceeds (LCC), contribution to Mary Seacole Statue Project Other donations, contribution to Mary Seacole Statue Project Onllne donatlons, contribution to Mary Seacole Statue Project 21