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