2021-03-31-accounts

Pages
4-18	Trustees' Annual Report
19-22	Independent Auditor's	Report
23	Statement ofFinancial	Activities
24-25	Balance Sheet
26	Cash Flow Statement
27-47	Notes to the Financial	Statements

Tothe Trustees ofVenus Working Cre Women Forthe year ended 31 March 2021	atively with	atively with	atively with	atively with	Yo	Yo	Yo	ung	ung
Our approach to identifying and assessing the risks ofmaterial misstatement in	respect ofirregularities,				including			fraud and
non~mpfiance with laws and regulations, was as follows:
the engagement partner ensured that the engagement team collectively had the appropriate competence,								capabiliTies
and skills to identify orrecognise non-compliance with applicable laws and regulations;
we identified the laws and regulations applicable to the company through	discussions		with directors			and other
management;
we focused on specific laws end regulations which we considered may have a direct			material	efiect		on the		financial
statements or the operations ofthe company, induding the Companies Act 2006, taxation		legislation		and	data protection,
anu-bribery, employment and health and safety legislation;
we assessed the extent ofcompliance with the laws and regulations identified above			through	making		enquiries			of
management and inspecting legal correspondence; and
identified laws and regulations were communicated within the audit team	regularly	and the team remained						alert to
instances of non-compliance throughout the audit.
We assessed lhe susceptibility ofthe company's financial statements to material	misstatement, including					obtaining			an
understanding ofhow fraud might occur, by:
making enquiries of management as to where they considered there was	susceptibilily		to fraud, their knowledge of
actual, suspected and alleged fraud; and
considering the internal controls in place to mitigate risks offraud and non-compliance			with laws and regulations.
Toaddress the risk offraud through management bias and ovemde ofcontrols,	we:
performed analytical procedures to identify any unusual or unexpected relationships;
tested journal entries to identify unusual transactions;
assessed whether judgements and assumptions made in determining the	accounting		estimates were indicative of
potential bias; and
investigated the rationale behind significant or unusual transactions.
In response to the risk ofirmgularities and non-oomplianos with taws and regulations, we		designed		procedures			which
included, but were not limited to:
agreeing knancial statement disclosures to underlying supporbng ofdocumentation;
reading the minutes ofmeetings ofthose charged with governance; and
enquiring management as to actual and potential liTigation and claims.

				Unrestrticted	Restricted	Total	Total
			Note	Funds	Funds	2021	2020
				f	f	f	f
Income and endowments		from:
Donations and legacies				29,464	3,750	33,214	25,661
Charitable Activity	Income			1,025,604	479,137	1,504,741	969,941
Other trading activities							3,790
Investments				148			427
Total income				1,055,216	482,887	1,538,103	999,819
Expenditure on.
Charitable activities			6	893,795	390,040	1,283,835	903,464
Total expenditure				893,795	390,040	1,283,835	903,464
Net Income/(expenditure)				161,421	92,847	254,268	96,355
Transfem between	funds			4,000	(4,000)
Net movement in funds				165,421	88,847	254,268	96,355
Reconciliation offunds:
Funds b/fwd				372,048	17,320	389,368	293,013
Funds c/Iwd				537,469	106,167	643,636	389,368

			Note	2021 f		2020
Fixed Assets
Tangible assets			10		4,485	6,728
Current Assets
Debtors			11	76,910		215,275
Cash at bank and	in hand		12	680,593		218,968
				757,503		434,243
Creditors:	Amounts	falling due
within one	year		13	118,352		51,603
Net Current	Assets				639,151	382,640
Total Assets Less Current
Liabilities					643,636	389,368
Total Net Assets					643,636	389,368
Funds ofthe charity
Designated Funds					114,101	26,728
General Fund					423,368	345,320
Total Unrestricted	Funds		19		537,469	372,048
Restricted Funds			20		106,167	17,320
Total Funds					643,636	389,368

For the year end	ed 31	M	arch 202	1
				Note		2021	2020
						6	6
Cash flows from operating	activities:
Net cash used in operating	activities			15		461,477	1,457
Cash flows from investing	activities:
Dividends, interest and rents from investments					148		427
Purchase of property, plant and equipment							(8,971)
Net cash used in/(provided	by) investing		activities			148	(8,544)
Cash flows from financing	activities:
Net cash provided by financing activities
Change in cash and cash	equivalents	in	the reporting
period						461,625	(7,087)
Cash and cash equivalents	as at 1 April		2020			218,968	226,055
Cash and cash equivalents	as at 31	March 2021				680,593	218,968

Donations and Legacies
	2021	2020
		8
John Moores Foundation	100	80
Donations	28,964	8,869
Neighbourly	400
Sefton MBC - 150Winter Packs	3,750
Other Grants and Donations		16,712
	33,214	25,661
Restricted	3,750
Unrestricted	29,064	25,661
	33,214	25,661

			2021f	2020 F
Community Foundation			9,772	5,467
Big Lottery Fund			116,056	94,160
Tudor Trust			31,000	31,000
Social Investment	Fund		(780)	8,000
Heritage Grant			43,568	9,963
Children ln Need			66,067	44,526
Police Commissioner			41,000	13,411
Smallwood			40,000
Recruit To Train			28,865	94,632
Coronavirus Job Retention scheme			40,353
Arts Council			13,500	13,491
Comic Relief				3,097
The Steve Morgan	Foundation		82,900
Battersea Arts Centre			1,500
Covid 19Grants			4,123
Edisential CIC3			5,825
Energy Saving Grant			24,606
New Start				68,500
SeRon MBC			273,594	212,820
SeRon MBC HB			129,120	57,593
SeRon Council for	Voluntary Service		1,328	3,435
Halton Metropolitan	Borough Council		164,404	99,225
Clinical Commissioning		Groups	247,680	201,902
Income From Charitable		Activities	7,132	2,323
Merseyside Police			45,128
Lloyds Foundation			88,000
Student Placement	Fees			6,396
			1,504,741	969,941

Restricted	479,137	105,000
Unrestricted	1,025,604	864,941
	1,504,741	969,941

Other trading activity incom	e - unrestricted
	2021	2020
Fundraising		3,790
		3,790

		2021	2020
		F	6
Interest	Receivable	148	427
		148	427

Cha	ritable		Activities	Expenditure
				Activities
				Undertaken	Support	Total	Total
				Directlyf	Costsf	2021f	2020f
Family	Support	-	Unrestricted	1,048,990		1,048,990	825,481
Family	Support	-	Restricted	234,845		234,845	77,983
				1,283,835		1,283,835	903,484

The analysis ofauditor's	The analysis ofauditor's	remuneration	isas follows:
				2021	2020f
Fees payable	to the charity's
auditor for the	audit
ofthe charity's	annual
accounts				3,250

Staff C	o	sts
				2021	2020
Wages and Salaries				725,744	573,456
Social Security		costs		46,257	39,874
Pension costs				15,884	12,771
				787,885	626,101
The average	number ofemployees		during the year was: 42
				2021	2020
				Number	Number
Administration		and finance		5	4
Management				5	5
Support				32	18
				42	27

2021	2020
8
202,749	122,741

Net income is stated aRer charging:
	2021	2020
Operating leases - equipment	1,201	2,446
Auditors' remuneration
Audit services	3,250
Depreciation	2,243	2,243
Bank interest payable	330	405

10.Tangible	Fixed Assets
		Short	Motor	Fixtures 8
		Leasehold 2	Vehicles f.	Equipmentf	Total r.
Cost rValuation
At 1April 2020		51,774	10,418	25,541	87,733
At 31 March 2021		51,774	10,418	25,541	87,733
Depreciation
At 1 April 2020		51,774	10,418	18,813	81,005
Forthe year				2,243	2,243
At 31 March 2021		51,774	10,418	21,056	83,248
Net BookAmounts
At 31 March 2021				4,485	4,485
At 31 March 2020				6,728	6,728
11.Debtors
				2021 f	2020f
Amounts falling due within one year
Trade debtors				64,363	215,275
Prepayments	and accrued income			12,547
				76,910	2f5,275

12.Cash at bank and	12.Cash at bank and	in hand	in hand
				2021	2020
					F
Cash at bank				679,644	218,625
Cash in hand				949	341
				680,593	218,966
13.Creditors:	Amounts falling due within one year
				2021	2020
Trade creditors				50,362	18,597
Other taxes and	social security			559
Other creditors				395	2,430
Accruals and deferred income				67,036	30,576
				118,352	51,603
14.Deferred Income
				2021f	2020f
Deferred income	b/I'wd as at 1	April 2020		28,576
Income released	to SOFA			(28,576)
Income deferred	in year			33,051	28,576
Deferred income	as at 31 March 2021			33,051	28,576
Income is deferred for funding		received	in advance.

						2021	2020
							5
Net income	for the reporting			year		254,268	96,355
Adjustments		for:
Investment	income					(148)	(427)
Depreciation		and amortisation				2,243	2,243
Decrease in		debtors				138,365	70,542
Increase/(Decrease)			in creditors			66,749	(167,256)
Net cash oufflow from operating					activities	461,477	1,457
16.Analysis		of	cash	and cash equivalents
						2021	2020
							5
Cash at bank						679,644	218,625
Cash in hand						949	341
						680,593	218,966

		2021	2020
-within	1 year	5,858	1,094
-within	2-5 years	21,543	1,368
-after	5years	238
		27,639	2,462

		Balance	Income	Expenditure	Transfem	Balance
		brought			between	carried
		forward			funds	forward
		2019				2020
		8			2	2
Counsel/ing		2988		(103)	(2,885)
Star Centre		3,216			(3,216)
Barton Care Leavers Project		10,019			(10,019)
Safer, Healthier 8 Empowemd		2321			(2,321)
IAPT Partnership	Training				10,520	10,520
P2P			90,000	(69,680)	(20,320)
Other Reslricied	Funds		15,000	(8,200)		6,800
Total Funds (previous year)		18,544	105,000	(77,983)	(28,241)	17,320
		Balance				Belelrce
		brought			Tran sfem	carried
		forwenl			between	forward
		2020f	Income E	Expenditum 2	funds 6	2021
King Centre Development			57,068	(94,263)		(37,195)
Smagwood - Possiblities			40,000	(32,475)	(4,000)	3,525
The Steve Morgan Foundation			82,900	(47,494)		35,406
IAPT Partnership	Training	10,520				10,520
Other Restricted	Funds	6,800	302,919	(215,808)		93,911
Total Funds (current year)		17,320	482,887	(390,040)	(4,000)	106,167
Other Funds
Halton Harmony	Project	6,800		(6,800)
Community Foundation			9,772	(9,772)
Big Lottery Fund			116,056	(59,687)		56,369
Social Investment	Fund		(780)	780
Tudor Trust			31,000	(14,510)		16,490
Children In Need			66,067	(46,515)		19,552
Police Commissioner			41,000	(41,000)
Battersea Arts Centre			1,500			1,500
Covid 19Grants			4,123	(4,123)
Edisential CIC 3			5,825	(5,825)
Energy Saving Grants			24,606	(24,606)
Seflon MBC - 150Winter Packs			3,750	(3,750)
Total other funds	(current year)	6,800	302,919	(215,808)		93,911

Ana	lysis of Net Assets
Previous	year ended 31 March 2020
		Unrestricted	Designated	Restricted	Total
		Funds f	Funds	Fundsf	Fundsf
Fixed Assets		6,728			6,728
Current	Assets	390,195	26,728	17,320	434,243
Current	Liabilities	(51,603)			(51,603)
		345,320	26,728	17,320	389,368
Current	year ended 31 March 2021
		Unrestricted	Designated	Restricted	Totals
		Fundsf	Fundsf	Fundsf	Funds f
Fixed Assets			4,485		4,485
Current	Assets	541,720	109,616	106,167	757,503
Current	Liabilities	(118,352)			(118,352)
		423,368	114,101	106,167	643,636

			Unrestricted	Restricted	Total
			Fund F	Fundf	Funds E
Income
Donations and	legacies		343,408		343,408
Comparative activities			547,194	105,000	652,194
Other Trading Activities			3,790		3,790
Investments			427		427
Total income			894,819	105,000	999,819
Expenditure on
Charitable activities			825,481	77,983	903,464
			825,481	77,983	903,464
Net income			69,338	27,017	96,355
Transfers between		funds	28,241	(28,241)
Other Recognised		gains:
Net movement	in	funds	97,579	(1,224)	96,355

Remuneration of	key management	personnel
The remuneration	ofkey management	personnel	isas follows:
				2021	2020
				k	k
Aggregate compensation				202,749	122,741