2022-03-31-accounts - Sefton Park Palm House Preservation Trust

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Contents		Page
Company Information
Report ofthe Trustees
Independent Examiner's	Report
Statement of Financial Activities
Balance Sheets
Statement ofCash Flows		10
Notes to the Accounts

Company	number:	03272897
Charity number:		1059957
Trustees:		A Brown
		LBurman (appointed	8 December 2021)
		N Dickson (appointed 13December 2021)
		D Ellis
		5 Kweeday (appointed 9		December 2021)
		F Parkinson (resigned 21		March 2022)
		M Pearson (resigned	10December 2021)
		K Rodenhurst (appointed		15December 2021)
		CSmith (appointed	10April 2022)
		PWilsher
Registered	office:	Sefton Park Palm House
		Sefton Park
		Liverpool
		L171AP
Bankers:		CAF Bank Limited
		25 Kings Hill
		West Mailing
		Kent
		ME194JQ
Independent	Examiner:	P Durrance FCCA
		Mitchell Charlesworth
		Accountants
		5Temple Square
		Temple Street
		Liverpool
		L25RH

			Unrestricted	Restricted	Total	Total
		Notes	Funds	Funds	2022	2021
Income from:-			6	E	6	E
Donations			45,030	33,926	78,956	162,480
Charitable activities			6,558		6,558	7,627
Investment income			5		5	121
Commercial trading operations			881,579		881,579	200,743
Total income			933,172	33,926	967,098	370,971
Expenditure on:-
Raising funds			319,922		319,922	103,903
Charitable activities			378,060	33,926	411,986	315,658
Total expenditure			697,982	33,926	731,908	419,561
Net income/(expenditure)			235,190		235,190	(48,590)
Total offunds brought	forward		495,507		495,507	544,097
Total funds carried forward			730,697		730,697	495,507

			Unrestricted	Restricted	Total
		Notes	Funds	Funds	2021
Income from:-			f	6	f
Donations			83,892	78,588	162,480
Charitable activities			7,627		7,627
Investment income			121		121
Commercial trading operations			200,743		200,743
Totalincome			292,383	78,588	370,971
Expenditure on:-
Raising funds			103,903		103,903
Charitable activities			232,900	82,758	315,658
Total expenditure			336,803	82,758	419,561
Net income/(expenditure)			(44,420)	(4,170)	(48,590)
Total offunds brought	forward		539,927	4,170	544,097
Total funds carried forward			495,507		495,507

				Notes	Consolidated	Consolidated		Company
					2022	2021	2022	2021
					f	f	E	f
Fixed assets
Tangible assets				13	73,222	50,490	73,222	50,490
Current assets
Stock				14	8,856	9,241
Debtors				15	130,828	117,267	534,674	98,955
Cash at bank	and	in	hand		1,021,933	804,271	137,750	259,368
					1,161,617	930,779	672,424	358,323
Creditors: amounts			falling due
within one	year			16	504,142	485,762	16,163	13,306
Net current	assets				657,475	445,017	656,261	345,017
Total net assets					730,697	495,507	729,483	395,507
Funds
Unrestricted	funds
General funds				20	400,697	225,507	399,483	125,507
Designated	funds			20	330,000	270,000	330,000	270,000
					730,697	495,507	729,483	395,507
Restricted funds				21
Total funds				22	730,697	495,507	729,483	395,507

					Total	Total
				Notes	2022	2021
					E	E
Cash flows from operating	activities
Net cash provided by (used in) operating			activities	17	254,594	72,989
Cash flows from investing	activities
Interest received					5	121
Fixed asset acquisitions					(36,937)
Change in cash and cash equivalents		in the year ending 31March 2022			217,662	73,110
Cash and cash equivalents	as at 1April 2021			18	804,271	731,161
Cash and cash equivalents	as at 31	March	2022	18	1,021,933	804,271

									Total	Total
	Income fram		raising funds				Unrestrictedf	Restricted f	2022f	2021f
	Donations and other sundry				income		29,143		29,143	14,792
	Grant	income	- HLF signage		&	interpretation		33,926	33,926
	Grant	income	- HLF emergency			fund				69,100
	Grant	income	—Government		grants		15,887		15,887	78,588
							45,030	33,926	78,956	162,480
									Total	Total
3.	Investment income						Unrestricted	Restrictedf	2022 E	2021 E
	gank	interest	receivable						5	121
4.	Income from		charitable	activities					Total	Total
							Unrestricted f	Restrictedf	2022 f	2021 E
	Fundra	ising events					6,558		6,558	7,627
							6,558		6,558	7,627

Commercial trading operations	Commercial trading operations	2022 f	2021 f
Subsidiary company
Turnover		859,165	188,928
Cost ofsales		(160,692)	(62,212)
Gross profit		698,473	126,716
Administration	expenses	(221,180)	(188,210)
Otherincome		22,414	11,815
Surplus before	taxation	499,707	(49,679)
Taxation
Surplus after taxation		499,707	(49,679)
Distribution to	parent company	(598,493)	(140,910)
Deficit/Surplus	for the period	(98,786)	(190,589)
Fixed assets
Current assets		1,006,504	663,865
Creditors due within one year		(1,005,290)	(563,865)
Totalnet assets		1,214	100,000

Analysis of	expenditure	on raising funds			Unrestricted	Unrestricted
					funds f	fundsf
Fundraising	and publicity				159,330	41,691
Trading costs					160,592	62,212
					319,922	103,903
Analysis of	expenditure	on			Total	Total
Charitable	activities		Unrestrictedf	Restrictedf	2022 f	2021 f
Direct costs			288,844	33,926	322,770	240,244
Support costs			89,216		89,216	75,414
Tota I			378,060	33,926	411,986	315,658


8.	Support costs					2022	2021
						E	E
	Governance	costs (note 9)				16,420	15,423
	Depreciation					14,205	10,902
	Legal and professional					5,152	8,394
	Information	technology				6,796	5,971
	Advertising					150	2,175
	Telephone					1,606	1.721
	Printing and	stationery				4,664	4,291
	Subscription					5,867	3,513
	Premises costs					22,279	19,000
	Insurance					3,838	2,145
	Other					6,828	949
	Bad debts					1,411	930
						89,216	75,414
9.	Governance	costs				2022	2021
						E	E
	Independent	examination			fees	935	850
	Accountancy					15,485	14,573
						16,420	15,423
10.	Net outgoing	resources forthe year
	This isstated	after charging:				Total	Total
						2022	2021
						E	E
	Depreciation					14,205	10,902
	External examiner's			fees:
	Independent		examination			935	850
	Accountancy					15,485	14,573
11.	Staff costs and		numbers			Total	Total
						2022	2021
							E
	Salaries and wages					316,874	216,692
	Socia I security		costs			16,409	8,786
	Pension contributions					4,823	3,319
						338,106	228,797

The average weekly number of employees duri full time equivalents, was as follows:-	ng the year, calculated on the basis of
	2022	2021
	Number	Number
Total	25

13.	Tangible fixed assets	Building			Fixtures &
	Group and company	renovations f	Equipment f		Fittings f	Total E
	Cost or valuation
	At 1April 2021	74,976		73,458	166,986	315,420
	Additions				36,937	36,937
	Disposals				(76,660)	(76,660)
	At 31March 2022	74,976		73,458	127,263	275,697
	Depreciation
	At 1April 2021	71,708		73,458	119,764	264,930
	Charge for period	1,189			13,016	14,205
	Disposals				(76,660)	(76,660)
	At 31March 2022	72,897		73,458	'56,120	202,475
	Net book value
	At 31March 2022	2,079			71,143	73,222
	At 31March 2021	3,268			47,222	50,490
14.	Stocks		Group		Company
		2022		2021	2022	2021
		f		f	f	f
	Goods for resale	8,856		9,241

15.	Debtors								Group			Company
								2022		2021	2022	2021
	Trade debtors							74,837	101,865		11,530	450
	Accrued income and		prepayments					55,991	15,402		5,833	7,097
	Amounts due from	subsidiary			undertaking						517,311	91,408
								130,828	117,267		534,674	98,955
16.	Creditors: Amounts		falling due within						Group			Company
	one year							2022		2021	2022	2021
	Trade creditors							17,751		6,411	4,432	1,465
	Other taxes and social			security				47,160	36,056		5,021	6,991
	Accruals and deferred			income				439,231	443,295		6,710	4,850
								504,142	485,762		16,163	13,306
17.	Reconciliation ofnet income/(expenditure)						to net	cash flows	from		Total	Total
	operating activities										2022	2021
											6	6
	Net income/(expenditure) for				the reporting		period	as per the	statement	of
	financial activities										235,190	(48,590)
	Interest receivable										(5)	(121)
	Depreciation charges										14,205	10,902
	(Increase)/decrease		in	stock							385	(2,697)
	(Increase)/decrease		in	debtors							(13,561)	(37,267)
	Increase/(decrease)		in	creditors							18,380	150,762
	Net cash provided	by		(used in)	operating	activities					254,594	72,989
18.	Analysis ofcash and		cash equivalents								Total	Total
											2022f	2021 f
	Cash in hand										7,797	6,520
	Cash at bank										1,014,136	797,751
	Total ofcash and cash			equivalents							1,021,933	804,271
	There are no financial			liabilities	classified as		debt held by the charity.

	There were	no transactions	no transactions	with related parties	with related parties	during the year.	during the year.
20.	Funds				As at	Incoming		Outgoing				As at
					01.04.21	Resources		resources	Transfers			31.03.22
	Unrestricted	funds			E		E	E		E		E
	Group
	General fund				225,507		933,172	(697,982)	(60,000)			400,697
	Designated	funds (see	below)		270,000				60,000			330,000
					495,507		933,172	(697,982)				730,697
	Company
	General fund				125,507		730,448	(396,472)	(60,000)			399,483
	Designated	funds (see	below)		270,000				60,000			330,000
					395,507		730,448	(396,472)				729,483
	Designated	funds							Utilised/
							As at	New	released	in		As at
						01.04.21		designations	year			31.03.22
	Group and	company					E	f.		E		E
	Emergency	operating	fund				270,000	60,000				330,000
	Comparative	information		in respect ofthe preceding			period is as	follows:-
	Funds				As at	Incoming		Outgoing				As at
					01.04.20	Resources		resources	Transfers			31.03.21
	Unrestricted	funds			E		E	E		E		E
	Group
	General fund				269,927		292,383	(336,803)				225,507
	Designated	funds (see	below)		270,000							270,000
					539,927		292,383	(336,803)				495,507
	Company
	General fund				(20,664)		396,040	(249,869)				125,507
	Designated	funds (see below)			270,000							270,000
					249,336		396,040	(249,869)				395,507
	Designated	funds							Utilised/
							As at	New	released	in		As at
							01.04.20	designations	year			31.03.21
	Group and	company					E	E		E		E
	Emergency	operating	fund				270,000					270,000
											18	I

21.	Restricted funds		As at	Incoming	Outgoing		As at
			01.04.21	Resources	Resources	Transfers	31.03.22
	Group and company		E	E	E	E	E
	Heritage Lottery Fund			33,926	(33,926)
				33,926	(33,926)
	Comparative information	in respect ofthe preceding period			is as follows:-
	Restricted funds		As at	Incoming	Outgoing		As at
			01.04.20	Resources	Resources	Transfers	31.03.21
	Group and company		E	E	E	E	E
	Heritage Lottery Fund		2,995		(2,995)
	Holt Grant		1,175		(1,175)
	Government grants			78,588	(78,588)
			4,170	78,588	(82,758)
22.	Analysis ofnet assets between		funds	Unrestricted	Restricted	Designated	Total
				Funds	funds	funds	Funds
	Group			E	E	E
	Tangible fixed assets			73,222			73,222
	Net current assets			327,475		330,000	657,475
	Net assets at 31March 2022			400,697		330,000	730,697
	Company
	Tangible fixed assets			73,222			73,222
	Net current assets			326,261		330,000	656,261
	Net assets at 31March 2022			399,483		330,000	729,483
	Comparative information	in respect ofthe preceding period isas follows:-
				Unrestricted	Restricted	Designated	Total
				Funds	funds	funds	Funds
	Group			E	E	E	E
	Tangible fixed assets			50,490			50,490
	Net current assets			175,017		270,000	445,017
	Net assets at31March 2021			225,507		270,000	495,507
	Company
	Tangible fixed assets			50,490			50,490
	Net current assets			75,017		270,000	345,017
	Net assets at 31March 2021			125,507		270,000	395,507