REGISTERED COMPANY NUMBER: 02997803 (England and Wales) REGISTERED CHARITY NUMBER: 1060105 REPORT OF THE TRUSTEES AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED Wire Putting You First
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED CONTENTS OF THE CONSOLIDATED FINANCIAL STATEMENTS for the Year Ended 31 March 2025 Page Report of the Trustees 1 to8 Report of the Independent Auditors 9t012 Statement of Financial Activities Balance Sheets 14to15 Cash Flow Statement 16 Notes to the Financial Statements 17to35 Detailed Statement of Flnancial Activities 36to37
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) REPORT OF THE TRUSTEES {INCORPORATING THE STRATEGIC REVIEW) for the Year Ended 31 March 2025 The trustees (who are also the directors of the charity for the purposes of the Companies Act) present their annual report together with the audited financial statements of Wirral Information Resource for Equality and Diversity Limited (the charity and the group) for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note to the financial statements and comply with the Charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Staternent 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)" REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 02997803 (England and Wales) Registered Charity number 1060105 Principal office and registered office St Jarnes Centre 344 Laird St Birkenhead CH417AL Trustees Dr P A Dufton A J Welch, Vice Chair L G Brown C Russell W E Woods, Chair Dr W K Foggin DrJALane MASaul Doctor Retired Retir8d Company Director Retired Retired Retire Company Director Chlef Executive Officer D Maguire Bankers Lloyds TS8 Prenton 355 Woodchurch Road Wirral CH42 8PE
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) REPORT OF THE TRUSTEES (INCORPORATING THE STRATEGIC REVIEW) for the Year Ended 31 March 2025 - continued Independent Audltors Xeinadin Audit Limited First Floor The Foundation Herons Way Chester Business Park Chester CH4 9GB STRUCTURE, GOVERNANCE AND MANAGEMENT a) Governlng docurnent Wirral Information Resource for Equality and Diversity Limited is a charitable company limited by guarantee, fomied in 1989 and achieving charitable status in 1994. The organisation was established under a Memorandum of Association and is governed by its, Articles of AssoGiation. The directors of the charitable company are its trustees for the purpose of charity law and throughout this report are collectively referred to as Ihe trustees. The liability of trustees is limited and in the event of the charity being wound up, members are required to contribute an amount not to exceed £1. Changes to the Memorandum and Articles of Association came into force on 1 April 2011. b) Racruitment and appolntment of Board of Trustees The members of the board are both directors of th8 cornpany and charity trustees. The organisation has robust policies and procedures to identify potential trustees and to recruit appropriately skilled people. All potential board members are interviewed by the chair and vice chair of the organisation, or delegated trustees, to identify skills and values that will be of value to the organisation. All the trustees give their tirne voluntarily and receive no benefits from the charity. c) Trustee induction and training All new trustees complete a formal application and interview process prior to meeting with the chief executive and the development sub group of the board to be briefed on the ethos and activity of the organisation and the strategic plan as well as reiterating the responsibilities of charity trustees and cornpany directors. The board has a development sub group that meets prior lo the board meeting and reports back on activities undertaken or development opportunities. Trustees are expected to comply with all the requiremenls as identified by the Charity Commission and Companies House.
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) REPORT OF THE TRUSTEES (INCORPORATING THE STRATEGIC REVIEW) for the Year Ended 31 March 2025 - continued d) Organisational structure and decision making The board of trustees hold at least four regular board meetings, an AGM and up to two development days per year. The board develops the strategic plan for the organisation. The board have a broad range of skills that include financial monitoring,. risk management,. human resources and training. The board delegates the day to day management of the organisatlon to a chief executive who has responsibility for the implementation of the strategic plan and line management responsibility for senior staff. The chief executive also has responsibility for quality assurance and the ongoing development of the organisation. He is supported by a management team comprising of 6 managersl co-ordinators. In addition to the r8gular board meetings a smaller group of trustees with relevant experience meet on a bi-monthly basis with the chief executive to discuss organisational development and business planning. Management of the organlsation is underpinned by regular one to one staff supervisions, tearn meetings and monthly management meetings. e} Risk management The risk register is reviewed annually and action is taken to mitigate identified risks. Th8 organisation has developed a wealth of policles to mitigate risks to clients and staff including: health and safety policy- safeguarding adults and children policies. data protection and confidentiality, Equality Act, bribery policy and complaints policy. The organisation has a full volunteer's management policy and process. Governance issues such as health and safety and data protection issues are a standing agenda item for all board meetings. The organisation complies with relevant quality assurance schemes for the services It d81ivers. fj Related parties The organisation has a wide range of stakeholders including., people who use our services, commissioning bodies such as Local Authorities and Health Trusts, other funding bodies, staff and volunteers. The organisation works to a range of national and local strategies that are relevant to the services delivered. The organisation works in partnership with a range of agencies, particularly in the public and third sectors and seeks to influence both the development and implementation of strategies and pollcles that impact on the lives of disabled people and carers. The organisation holds a register of trustees and officers related parties. This is reviewed annually. OBJECTIVES AND ACTIVITIES a) Mission The organisation's mission is lo promote the quality, dignity and independence of disadvantaged people. including carers. To achieve this the organisation delivers a range of services and engages in consultation and other exercises with a view to influencing all relevant policies.
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) REPORT OF THE TRUSTEES {INCORPORATING THE STRATEGIC REVIEW) for the Year Ended 31 March 2025 - continued b) Publlc benefit All the work the organisation undertakes has a public benefit. It provide services to disadvantaged people to overcome social exclusion and offer assistan and support to integrate them into society. The more people that are included and supported into society the greater the public benefit as people's mental health and wellbeing is improved, family life and relations are maintained, use of health service provision can be lessened. Where people are in work they are more likely to stay in work and if in unernployment they are able to access training and employability skills. The organisation continues to be a strong force in the delivery of seNices to carers, people with disabilities and other disadvantaged groups. c) Staff and volunteers Th8 organisation is very fortunate to have an excellent reputation for quality, a wealth of experience, and particularly a strong skill set through existing senior management and the exceptionally high calibre of the staff and volunteer delivery teams. This provides the organisation with the ideal positioning for meeting the challenges and opportunities that the sector is facing. The organisation is indebted to those who volunteer their time to support the work of the organisation. People volunteer in a range of roles throughout the organisation and significantly enhance the numbers of people that we are able to offer services to. One of the senior managers has a lead role to ensure that volunteers are appropriately recruited, checked, trained and supervised. The board of trustees fully recognises the work of all the staff and volunteers and values the contribution they bring to the success of the organisation. GROUP STRATEGIC REPORT ACHIEVEMENTS AND PERFORMANCE a) Going concern After making appropriate enquiries. the trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. b) Advocacy During the year the organisation has continued to provide advocacy services to a wide range of clients as a component of a number of contracts. Advocacy clients have included adult carers, young carers and direct payment service users. The organisation's advocacy services continue to support the most marginalised groups in Wirral, in particular supporting individuals to understand and make informed choices following the introduction of the Care Act.
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) REPORT OF THE TRUSTEES (INCORPORATING THE STRATEGIC REVIEW) for the Year Ended 31 March 2025 - continued c) Carers services The organisation's carer support services continued to identify hidden carers and develop services to support them. The organisation delivers the Carers Health and Well Being Service and Carers Helpline in Wirral. Services are offered through a blend of centre-based and outreach activities, providing support and advice to carers both on an individual basis and also via support groups and drop in services. d) Dlrect payments payroll service A team of staff provide a payroll service for direct payments users who do not want responsibility for the application and payment of tax and national insurance. The service also covers all quarter and year end returns to HMFIC. e) SEND Partnership The organisation provides the SEND Partnership function in Wirral. This is a statutory service which is commissioned by the Local Authority within Wirral. The service provldes support to parents of children with additional educational needs. fj Shopmobility This service involves the hiring of equipment including electric scooters, power Ghairs and wheel chairs to enable people with mobility impairments to access shopping and leisure aclivities in the two largest lown centres in Wirral. The scheme encourages independence and reduces social isolation for people who would otherwise struggle to leave their homes. It is valued by mobility impaired people and carers alike.
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED {A Gompany limited by guarantee) REPORT OF THE TRUSTEES (INCORPORATING THE STRATEGIC REVIEW) for the Yèar Ended 31 March 2025 - continued FINANCIAL REVIEW a) Financial Results Group total income increased from £829,695 to £897,001. Sirnilarly total expenditure increased from £882,192 to £888,640. The net result is a group surplus for the year of £8,359. This is after charging depreciation and amortisation of £3.668 and 2 deficit of £51 within Inclusive Access. In 2024 the deficit for the group was £52,497. Net assets of the group at 31 March 2025 were £603,340, comprising unrestriGted funds of £486,310 and restricted funds of £117,030. b) Princlpal rlsks and uncertalntles The majority of the organisation's income is generated via grants from Local Authorities and is subject to the risks associated with Local Authority funding during the current economic environment. The organisation is mindful that any reduction in service delivery qualily could result in loss of grant du8 to the ever-increasing pressur8s on Local Authorities to achieve best value with all grant funded activity. The organisation is currently exploring other income generation opportunities that do not involve grants from Local Authorities and also ensuring thal services are delivered across multiple Local Authority areas in order to disperse and minimise risk where possible. c) Funding sources The organisation receives funding from a range of sources including Wirral Metropolitan Borough Council, Wirral Place (NHS) and via contracts with individual clients. d) Investment policy The level of reserves currently held by the charitable company does not allow for consideration of long term investments. However cash flow is carefully monitored and the organisalion moves money on a short term basis to a higher interest account. e) Reserves policy The board of trustees has reviewed the level of unrestricted reserves currently held by the organisation. Unrestricted freely available reserves total £592.881 (2024., £576,425). Three month's turnover is the target level set by the trustees and the group are currently meeting this target. Funds held as custodlan trustee on behalf of others The organisation held no such funds during the period covered by these accounts.
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A Gompany limited by guarantee) REPORT OF THE TRUSTEES (INCORPORATING THE STRATEGIC REVIEW) for the Year Ended 31 March 2025 - continued PLANS FOR FUTURE PERIODS The organisation reviews its business plan annually around the following methodologies= Expansion - delivering currenl services to new customers Diversification - delivering new services to existing customers Innovation - delivering new ServIS to new customers STATEMENT OF TRUSTEES RESPONSIBILITIES Trustees. responsibilities statement The trustees (who are also directors of Wirral Information Resource for Equality and Diversity Limited for the purposes of company lawl are responsible for preparing the trustees. report {including the group strategic report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepteé Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and the group and of the income and expenditure of the charitable group for that period. In preparing these financial statements, the trustees are required to.. • select suitable accounting pollcies and then apply them consistently; • observe the methods and principles in the Charities SORP (FRS102)', • make judgements and accounting estimates that are reasonable and prudent; • State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements., • prepare the financial statements on the going concern basis unless it is inappropriate to presurne that the charitable group will continu8 in operation. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company and the group's transactions and disclose with reasonable accuracy at any time the financial position of the charitable group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Auditor Xeinadin Audit Limited were reappointed as auditor to the company and in accordance with section 485 of the Companies Act 2006, a resolution proposing that they be re-appointed will be put at a General Meeting.
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) REPORT OF THE TRUSTEES (INCORPORATING THE STRATEGIC REVIEW) for the Year Ended 31 March 2025 - continued Disclosure of infomiation to auditor Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information. This report, incorporating the group strategic report, was approved by the trustees, in their capacity as company directors, on 19 December 2025 and signed on their behalf by.. £DL A J Welch - Trustee
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) Opinion We have audited the financial staternents of Wirral Information Resource for Equality and Diversity Limited ('Ihe charitable parent company,) and its subsidiary Inclusive Access (UK) Ltd {'the group,) for the year ended 31 March 2025 which comprise the consolidated statement of financial activities, the consolidated balance sheet, the consolidated statement of cash flows, the charity balance sheet and 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 Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,. In our opinion the financlal statements,. give a true and fair view of the state of the group's and the charitable company's affairs as at 31 March 2025 and of the group's income and expenditure, for the year then ended., and have been properly prepared in accordance with United Kingdom Generally Accepled Accounting Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,; and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors responsibilities for the audit of the financial statements section of our report. We are independent of the charity and group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. W8 believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees. use of the going concern basis of accounting in the preparation of the financial stalements is appropriate. Based on the work we have perform8d, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent company's ability to continue as a going concern for a period of at least e1ve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the truste8S With respect to going concern are described in the relevant sections of this report. Other information The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent othemise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstaternents, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves.
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company Ilmited by guarantee) Other infomiation - continued If, based on the work we have perfomied, we conclude that there is a material misstatement of this other information, we are required We have nothing to report in this regard. Opinion on other matters prescribed by the Companies Act 2006 In our opinion. based on the work undertaken in the course of the audit.. the information given in the trustees, report. which includes the directors report for the purposes of company law, for the financial year for which the financial statements are prepared Is consistent with the financial statements., 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 environment of the charitable company and the group obtained in the course of the audit, we have not identified material misstatements in th8 directors, report included within the trustees report. We have nothing to report in respect of the following matters in relation to which the Companies Act 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; or certain disclosures of trustees, remuneration specified by law are not made., or we have not received all the inforrnation and explanations we require for our audit. or the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exemptions in preparing the trustees, report and from the requirement to 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 purposes 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 to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to 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 to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. -10-
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) Auditorfs responsibilities for the audit of the financial statements {continued) Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Enquiry of management and those charged with governance around actual and potential litigation and claims- Reviewing minutes of meetings of those charged with governance., Performing audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness. evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias,, Enquiry of management and those charged with governance to identify any instances of non- compliance with laws and regulations. The potential effect of these laws and regulations on the financial statements varies considerably. Firstly, the group is subject to laws and r8gulations that directly affect the financial statements including financial reporting legislation (including related companies legislation), distributable profits legislation and taxation legislation and we assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items. Secondly, Ihe group is subject to many other laws and regulations where the consequence of non- compliance could have a material effect on amounts or disclosures in the financial statements, for instance the Imposltlon of fines or Iltigation or the loss of the group's license to operate. Auditing standards lirnit the required audit procedures to identify non-complianc8 Wlth these laws and regulations to enquiry of the directors and other rnanagement and inspection of regulatory and legal correspondence, if any. Therefore, if a breach of operational regulations is not disclosed to us or evident from relevant correspondence, an audit will not delect that breach. Because of the inherent limitations of an audit. there is a risk that we will not detect all IrregularltSes, Including those leading to a material misstatement in the financial statements or non- compliance with regulation. This risk increases the rnore that complianc8 With a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error. as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control Ihat we identify during our audit. A further description of our responsibilities is available on the Financial Reporting Council's website at: https:Ilwww.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report. -11-
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED {A company limited by guarantee) 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 company's 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 charitable company and the charitable company's members as a body, for our audit work, for this report. or for the opinions we have formed. Robe earl Beng Bsc ACA {Senior Statutory Auditor) for and on behalf of Xeinadin Audit Limited Chartered Accountants Statutory Auditors First Floor The Foundation Herons Way Chester Business Park Chester United Kingdom CH4 9GB 19 December 2025 -12-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2025 2025 2024 Unrestricted Restricted Total funds Total funds fund fund Notes INCOME Donations and legacies Activities for raising funds Commercial trading operation Investment income Charitable activities 1,265 1,265 2,340 153 307 892,935 255 2.557 (3,305) 368 829,820 2,340 153 307 874 343 18,592 Total income 877,143 19.857 897,001 829,695 EXPENDITURE Costs of raising funds Commercial trading operation Charitable activities Advice and beneficiary services 429 429 18,396 873,350 14,860 888,211 863,794 Total expendlture 873,780 14,860 888 640 882 192 NET INCOMEI(EXPENDITURE BEFORE TRANSFERS 3,363 4,996 8,359 {52,497) Transfer between funds NET INCOMEI{EXPENDITURE) 3,363 4,996 8,359 {52,497) RECONCILIATION OF FUNDS Total funds brought forward 482,946 112,033 594,979 647,476 TOTAL FUNDS CARRIED FORWARD 486,310 117,030 603,340 594,979 All activities relate to continuing operations. The Statement of Financial Activities includes all gains and losses recognised in the year. -13-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) CONSOLIDATED BALANCE SHEET At 31 March 2025 2025 2024 Notes FIXED ASSETS ntangible assets Tangible assets 13 14 77 18,477 10,459 10,459 18,554 CURRENT ASSETS Debtors Cash at bank and in hand 16 57,596 601,384 88,537 572,052 658,980 660,589 CREDITORS Amounts falling due within one year 17 {66,099) {84,164) NET CURRENT ASSETS 592,881 576,425 603,340 594,979 FUNDS Unrestricted funds Restricted funds 21 486,310 117,030 482,944 112,035 603,340 594,979 The financial statements were approved by the Board of Trustees on 19 December 2025 and were signed on its behalf by: CL A J Welch -Trustee The notes form part of these financial statements -14- continued...
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) CHARITY BALANCE SHEET At 31 March 2025 2025 2024 Notes FIXED ASSETS I ntangible assets Tangible assets Investments 13 14 15 77 18,477 10.459 10,461 18,556 CURRENT ASSETS Debtors Cash at bank and in hand 16 57,596 600,778 88,537 571,404 658,374 659,941 CREDITORS Amounts falling due within one year 17 <64,340) {82,414} NET CURRENT ASSETS 594 033 577,527 604,495 596,083 FUNDS Unrestricted funds Restricted funds 487,465 117,030 481,048 112,035 604,495 596,083 The financial slatements were approved by the Board of Trustees on 19 December 2025 and were signed on its behalf by: CL A J Welch -Trustee The notes form part of these financial statements -15- continued...
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) CONSOLIDATED CASH FLOW STATEMENT For the year ended 31 March 2025 2025 2024 Net incomel(expendlture} for the reportlng period (as per the statement of financial activities) Adjustments for: Depreciation Loss on sale of equipment Amortisation Decreasel(increase} in debtors Increasel{decrease) in creditors 8,359 <52,498) 3.454 7.995 4,564 5,652 77 1,662 30,941 17,270 (18,064} (10,453) Cash provided by operating activities 29,332 (30,372) Cash flows from investlng activlties Purchase of tangible fixed assets Purchase of intangible fixed assets (593) Cash used In investing activities (593) Increasel{decrease) in cash and cash equivalents in the year 29.332 (30,965) Cash and cash equivalents at the beginning of the year 572,052 603,017 Cash and cash equivalents at the end of the year 601,384 572,052 -16-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025 ACCOUNTING POLICIES The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows.. Charity Information Wirral Information Resource for Equallty and Diversity Limited is a private limited company limited by guarantee incorporated in England and Wales. The registered office is St James Centre, 344 Laird St, Birkenhead, CH417AL. Basis of preparation of financial statements The financial statements have been prepared In accordance with 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 (FRS 102) (Charities SORP (FRS 102), the Flnancial Reporting Standard applicable in the UK (FRS 102) and the Companies Act 2006. Wirral Information Resource for Equality and Diversity Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. The presentational currency of the financial statements is the Pound Sterling (£). Going concern At the time of approving the financial statements, the trustees have a reasonable expectation 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 financial statements. Group flnanclal statements The financial statements consolidate the accounts of Wirral Inforrnation Resource for Equality and Diversity Limited and all of its wholly owned subsidiary undertaking Inclusive Access (UK) Limited ('subsidiary'), on a line-by-line basis. A separate Statement of Financial Activities and Income and expenditure account for the harity has not been presented because the advantage has been taken of the exemption provided by section 408 of the Companies Act 2006. Income Donations and legacies are recognised where there is entitlement, certainty of receipt and Ihe amount can be measured with sufficient reliability. Gifts in kind are recognised in different ways dependent on how they are used by the charity". Those donated for resale produce income when they are sold. They are valued at the amount acÉually realised. Those donated for onward transmission to beneficiaries are included in the statement of financial activities as income and expenditure when they are distributed. Those donated for use by the charity itself are included when receivable. They are valued at the amount the charity would have had to pay to acquire them. -17-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025 - continued Income (continued) Income from tax reclaims are included in the statement of financial activities at the same time as the gift to which they relate Investrnent income is recognised on a receivable basis. Where income is receiveé in advance of performance obligations it is appropriately deferred. Income from charitable activities includes incorne recognised as earned las the related goods or services are provided) under contract or where entitlement to grant funding is subject to specific performance conditions. Grant income included in this category provides funding to support programme activities and is recognised where there is entitlement, certainly of receipt and the amount can be measured with sufficienf reliability. Donated servlces and facilities Donated professional services and donated facllities are recognised as income when the charity has control over the item. any conditions associated with th8 donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and the economic benefit can be rneasured reliably. In accordance with the Charities SORP (FRS 102}, the general volunteer time is not recognised and refer to the trustees, annual report for more infomiation about their contribution. On recelpt, donated professional services and donated faGilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market. a corresponding amount is then recognised in expenditure in the perlod of receipt. Fund accounting pollcy Unrestricted income funds are general funds that are available for use at the trustees, dlscretion in furtherance of the objectives of the charity. Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Expenditure Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been lassified under headings that aggregate all costs related to the category. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature ne$Sary to support them. Support costs Support costs include central functions and govemance costs. These governance costs include costs of the preparation and examination of the statutory accounts, costs of trustees meetings and cost of any legal advice to trustees on governance or constitutional matters. -18-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025 - continued Allocation of support costs Support costs have been allocated to activity cost categories on a basis consistent with the use of resources, for example. allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Operating leases Rentals payable under operating leases are charges in the statement of financial activities on straight line basis over the lease term. Pensions The charity operates a defined contribution pension scheme. Contributions are charged in the slatement of financial activities as they become payable In accordance with the rules of the scherne. Taxation The registered charity is not Considered to be liable to taxation. VAT incurr8d is not recoverable and is included in relevant expenditure. Inclusive Access {UK) Limited is VAT registered being a trading entity. Tangible fixed assets and depreciation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Plant and machinery 250/0 reducing balance basis Fixtures and fittings 25 % reducing balance basis Intangible fixed assets other than goodwill and amortisation Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Software Amortised over 4 years Investments Investrnents in subsidiaries are valued at cost less provision for impairment. A subsidiary is an entity controlled by the charity. Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the account. Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estirnated reliably. Creditors and rovisions are normall reco nised at their settlement amount after allowin for discounts. -19-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025 - continued Financial Instruments The charitable company has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues. of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charitable company's balance sheet when the charitable company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are init1211y measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangernent constitutes a financing transaction, where the transaction is m8asured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivab18 within one year ar6 not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangernent constitutes a financing transaction, where the debt instrument is measured at the present value of the 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, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired In the ordinary course of operations from Suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the charitable company's contractual obligations expire or are discharged or cancelled. Critical accounting estimates and judgement In the application of the charity's accounting policies, the trustees are required to make judgement, estirnates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experienco and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. -20-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025 - continued LEGAL STATUS The charity is a company limited by guarantee. In the event of the charity being wound up, members are required to contribute an amount not to exceed £1. DONATIONS AND LEGACIES Unrestricted Restricted Total funds Total funds fund fund 2025 2024 Donations 1,265 1,265 255 1,265 1,265 255 All income from donations in 2024 was restricted. ACTIVITIES FOR RAISING FUNDS Unrestricted Restricted Total funds Total funds fLJnd fund 2025 2024 Shopmobility membership 2,340 2,340 2,557 2,340 2,340 2,557 All income from raising funds in 2024 was unrestricted. -21-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025 - continued INCOME FROM COMMERCIAL TRADING OPERATIONS Before it's cessation of trade in this financial year, the wholly owned tradin9 subsidiary. Inclusive Access {UK} Limited delivered training in pre-employment skills, community development, and goal setting for individuals needing to irnprove confidence and gain additional skills. Unrestricted Restricted Total funds Total funds fund fund 2025 2024 Inclusive Access (UK) Llmited: Tumover 153 153 (3.305) Trading 8xpenditure (430) (430} (18,395) other operating income 226 226 31,100 Surplus1(Deficit) on trading 51) 9,400 The assets and liabilities of the subsidiary were., 2025 2024 Fixed assets Current assets Current liabilities 606 648 1,750) Aggregate share capital and reserves (1,153) (1,102) -22-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS- CONTINUED for the Year Ended 31 March 2025 INVESTMENT INCOME Unrestricted Restricted Total funds Total funds fund fund 2025 2024 Bank deposit interest 307 307 368 All investment income in 2024 was unrestricted INCOME FROM CHARITABLE ACTIVITIES Income from advice and beneficiary services analysed as: Unrestricted Restricted Total funds Total funds fund fund 2025 2024 Other income Grant income - NHS Wirral BC Grant income - Warrington Grant income - Liverpool & Knowsley Grant income - CIC Grant income- Springboard Project Grant income- Coronavirus JRS Income as agent- Parent Carers Participation 361,020 17,000 361,020 17,000 309,050 34.000 496,323 496,323 466,510 18,592 18,592 20,259 874,343 18,592 892,935 829,819 In 2024 total restricted income from charitable activities was £20,259 of whlch £20,259 was from the Parent Carers Participation. -23-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025- continued CHARITABLE EXPENDITURE Expenditure on advice and beneficiary services analysed as: Unrestricted Restricted Total funds Total funds fund fund 2025 2024 Employment costs Repairs and maintenance Office direct expenses Travel and subsistence Advertising and promotion Depreciation and amortisation Profit or loss on disposal of tangible fixed assets Miscellaneous costs CIC Grant Repayments Establishment costs Support expenses Printing, postage and stationery Cleaning Legal and professional costs Audit fees Bank charges Penslon bond Expenditure as agent- Parent Carers Participation 635,922 13,316 58,737 6,793 7,669 3,668 903 635,922 13,316 58,737 6,793 7,669 3,668 903 596.751 8,330 58,201 5,383 20,850 9,657 5.652 4,135 469 4,604 2,537 20,338 53,235 19,831 3,168 33,614 9,000 3,022 20,338 52,235 19,831 3,168 33,614 9,000 3,022 29,051 39,997 16,887 3,874 37,018 9,108 2,644 14,391 14,391 17,856 Total expenditure 873,350 14,860 888,211 863,796 All grants are carer grant payments in relation to Wirral Health and Wellbeing CIC. Further disclosure on this restricted fund is included in note 21. Restricted expenditure on charitable acfiivities in 2024 totalled £18.473 being £17,856 for Parent Carers Participation and £617 miscellaneous costs, NET INCOMEI{EXPENDITURE> Consolidated net income and expenditure is stated after charging: 2025 2024 Auditors, remuneration - audit services Auditors, remuneration - non audit services Depreciation of tangible fixed assets Amortisation of intangible fixed assets 8,300 700 3,589 77 7,865 2,100 8.058 1,662 -24-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025 - continued 10. TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees. expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. 11. STAFF COSTS 2025 2024 Wages and salaries Social security costs Pension costs 567,876 39,511 28,536 545,252 40,397 26,048 635.922 611,696 Included in the above are salaries of £nil (2024: £14,723) from Inclusive Access (UK) Limited. The average rnonthly number of employees for the group during the y8ar was as follows.. 2025 2024 Parent charity Subsidiary 25 26 The number of employees in the group and parent charity whose annual rernuneration was more than £60,000 is as follows: 2025 2024 In the band £80,000 - £89,999 The key management personnel of the parent oharity and subsidiary comprise chief executive officer and finance manager. For the year ended 31 March 2025. the total employee benefits of these key management personnel were £125,547 (2024: £126,376). -25-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025 - continued 12. 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted Total funds fund fund 2024 2024 2024 INCOME Donations and legacies Activities for raising funds Commercial trading operation Investment income Charitable activities 255 255 2,557 (3,305) 368 829,820 2,557 (3,305) 368 809,561 20,259 Total income 809.181 20,514 829,695 EXPENDITURE Costs of raising funds Commercial trading operation Charitable actlvities Advice and beneficiary services 18,396 18,396 845,321 18,473 863,794 Total expenditure 863,717 18,473 882,192 NET INCOMEI(EXPENDITURE) BEFORE TRANSFERS (54,538) 2,041 (52,497) Transfers Gross transfers between funds NET INCOMEI(EXPENDITURE) AFTER TRANSFERS (54,538) 2,041 (52,497) Total funds brought forward 537,482 109,994 647,476 TOTAL FUNDS CARRIED FORWARD 482,944 112,035 594,979 -26-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025 - continued 13. INTANGIBLE FIXED ASSETS Group and charity Software & Website Total COST At 1 April 2024 Additions At 31 March 2025 12,073 12.073 12,073 12,073 AMORTISATION At 1 April 2024 Charge for the year At 31 March 2025 11,996 77 11,996 11,996 77 11,996 NET BOOK VALUE At 31 March 2025 At 31 March 2024 77 77 14. TANGIBLE FIXED ASSETS Group Machinery including Motor Vehicles Fixtures. Fittings and Equipment Total COST At 1 April 2024 Additions Disposals 72,085 91,406 163,492 13,996 13,996 At 31 March 2025 72,085 77,411 149.496 DEPRECIATION At 1 April 2024 Charge for year Elimination on disposal 70,858 307 74,156 3.282 9.431 145.013 3,589 9,431 At 31 March 2025 71,164 68,007 139,171 NET BOOK VALUE At 31 March 2025 921 9,404 10,325 At 31 March 2024 1,227 17,250 18,477 -27-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025 - continued 14. TANGIBLE FIXED ASSETS - continued Charity Machinery including Motor Vehicles Fixtures, Fittings and Equiprnent Total COST At l April 2024 Additions Disposals 72,085 91.406 163,492 13,996) 13,996 At 31 March 2025 72,085 77,411 149,496 DEPRECIATION At 1 April 2024 Charg8 for year Elimination on disposal 70,858 307 74,156 3,282 9,431 145,015 3,589 9,431 At 31 March 2025 71,164 68,007 139,171 NET BOOK VALUE At 31 March 2025 921 9,404 10.325 At 31 March 2024 1,227 17,250 18,477 -28-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025 - continued 15. FIXED ASSET INVESTMENTS Charity Investments in Group Undertakings Market value As at 1 April 2024 and 31 March 2025 Net book value As at 31 March 2025 As at 31 March 2024 Subsldiary Inclusive Access (UK) Limited Registered office: St James Centre, 344 Laird St, Birkenhead, CH417AL Nature of business.. Training and business support services Class of shares: Ordinary holding 100.00 Inclusive Access (UK) Limit8d is a company registered in England and Wales. The company number is 03507097. Results for the subsidiary undertaking.. 2025 2024 Profitl(loss) for the year Shareholders funds 151) 9,400 1.102) -29-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025 - continued 16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Group Charity 2025 2025 2024 2024 Trade debtors Amounts due from group undertakings Prepayments and accrued income 45,123 78.069 45,123 78,069 12,473 10,468 10,468 57,596 88,537 57.596 88,537 17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Group Charity 2025 2025 2024 2024 Trade Greditors Taxation and social security Other creditors Accruals and deferred income 26,957 10,327 7,609 17,345 10,344 5,629 26,602 10,327 6,205 21,207 16,999 10,289 4,376 50,750 66,099 84.164 82,414 Deferred income relates to projects intended to take place in the year but deferred and payroll income received in advance. Deferred income in the year totals £12,207 (2024: £39,432). -30-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025 - continued 18. OPERATING LEASE COMMITMENTS The future minimum payment cornmitments under land and buildings operating leases are as follows.. Group and charity 2025 2024 Not later than one year Later than one year but not later than five years 2,028 8,114 3,227 Total commitment 10,142 3,227 Operating lease payments recognised as an expense in the year totalled £3,227 (2024.. £3,227). 19. PENSION SCHEME Defined contributlon pension scheme The charity operates a defined contribution pension scheme. The pension cost charge for the period represents conlributions payable by the charity to the schem8 and amounted to £28,536 (2024., £26,048). There were no outstanding or prepaid contributions at either the beginning or end of the financial year. 20. RELATED PARTIES Controlling entity The charity is controlled by the trustees who are all directors of the company. Other related parties During the period the charity continued to be one of the five founding partners that operated Wirral Health and Wellbeing CIC, a venture jointly controlled and by the five parties that was established to deliver the Early Intervention and Prevention support for Vulnerable Peoplelyoung People and Carers contract. In the year to 31 March 2025 Wirral Information Resource for Equality and Diversity Limited fulfilled and charged services to the CIC totalling £496.323 {2024: £466,510). As at 31 bjarch 2025 the balance outstanding was £43,151 (2024: £37,686). -31-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025 - continued 21. STATEMENT OF FUNDS At 1 April 2024 At 31 March 2025 Income Expenditure Transfers GENERAL FUNDS Unrestricted income - General fund 482,944 877,143 873,780) 486,307 RESTRICTED FUNDS Carers Short Breaks (Wirral NHS)- funds held as agent Carers Short Breaks (Oldham PCT) - funds held as agent Warrington adult carers Warrington young carers Parent Carers Participation - funds held as agent Wirral young carer donations Shop mobility donations Carers Grant PPE 83,195 83,195 827 827 4,239 3,595 6,792 4,239 3,595 10,994 18,592 {14,391) 1,584 508 (430) 1,663 982 10,818 758 1,739 10,778 (40) 112,033 19,857 14,860) 117,030 -32-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS for thè Year Ended 31 March 2025 - continued 21. STATEMENT OF FUNDS (Continued} Comparative At 1 April 2023 At 31 March 2024 Income Expenditure Transfers GENERAL FUNDS Unrestricted income - General fund 537,482 809,181 863,719) 482,944 RESTRICTED FUNDS Carers Short Breaks (Wirral NHS)- funds held as agent Carers Short Breaks {Oldham PCT)- funds held as agent Warrington adult carers Warrington young carers Parent Carers Participation- funds held as agent Wirral young carer donations Shop mobility donations Carers Grant PPE 83,194 83.194 827 827 4,241 3,594 4,394 4,241 3,594 6,797 20,259 (17,856) 1,703 35 (155) 1,583 762 11,279 220 982 10,817 (462) 109,994 20.514 18,473) 112,035 -33-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025 - continued 21. STATEMENT OF FUNDS (Continued) Restricted funds Carers Short Breaks (Wirral NHS}- administrates short break grants to carers on the Wirral Carers Short Breaks (Oldham PCT)- adminislrates short break grants to carers in Oldham Warrington Adult Carers- carers support for Warrington adults Warrington Young Carers- carers support for Warrington under 18's. Parent Carers Participation the charity acts as agent and administrates the running o accounl for this group. Note that the income and costs associated with the fund have been disposed in the charitable income and expenditure analysis for both the current and compar Warrington Young Carers Donations provide additional activities for young carers. thes, have included residential sessions, day trips and sporting activities and have enriched tl provided through the core grant from Warrington Borough Council. Wirral Health and Wellbeing CIC to improve the quality of life for children, young people. families in Wirral and any other areas designated by the company. Advance the education care needs of Ihose involved with not for profit organisalions and working with children, you adults and families. Shop mobility donations- provides use of wheelchalrs to those wlth limiled mobility. Carers PPE grant- provides PPE to unpaid l informal carers on behalf of the Government
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2025 . contlnued 22. NET ASSETS BY FUND Unrestricted Restricted Total funds Total funds funds funds 2025 2024 Tangible fixed assets Intangible fixed assets Current assets Creditors: amounts falling due within one year 10.459 10,459 24,129 77 654.938 541,950 117,030 658,980 66.099) 66,099) 486,310 117,030 603 340 594,980 Comparative Unrestricted Restricted Total funds Total funds funds funds 2024 2023 Tangible fixed assets Intangible fixed assets Current assets Creditors- amounts falling due within one year 24,129 77 542,903 (84,164) 24,129 77 654,938 (84,164) 31,866 1,739 708,488 (94,617) 112.035 482,945 112,035 594,980 647,476 23. FUNDS HELD AS INTERMEDIARY AGENT The organisation delivers a managed budget service on behalf of clients who are unable to manage the budgets that they receive to support their care. In this instance the organisation is acting as an intermediary agent for the funds and therefore, in accordance with the SORP, they are not included on the balance sheet. Funds held of this nature, at 31 March 2025 totalled £3.040.210 (2024: £2,007,288>. -35-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company limited by guarantee) DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2025 PARENT CHARITY 2025 2024 INCOME Donations Fundraising events Shop-mobility membership Income from charitable activities Other income Grant income - NHS Wirral BC Grant income - Warrington Grant income - Liverpool & Knowsley Grant income - CIC Grant income- Coronavirus Job Relention Scheme Income received as agent - Parent Carers Participation 1.266 255 2,340 2,557 361,020 17,000 309,050 34,000 496,323 466,510 18,592 896,540 307 896,847 20,259 832,631 368 832.999 Investment Income Total Income EXPENDITURE Charitable activities Employment costs Repairs and maintenance Office direct expenses Travel and subsistence Advertising and promotion Depreciation and amortisation Profit or loss on disposal of tangible fixed asset Miscellaneous costs Establishment costs Support expenses Prinling, postage and stationary Cleaning Legal and professional Accountancy and audit fees Bank charges Bad debts Expenditure incurred as agent- Parent Carers Participation Total charity expenditure 635,922 13,316 58,737 6,793 7.669 3,668 903 4,604 20,338 53,235 19,831 3,168 33,614 9,000 3,022 226 14,391 888,437 596,751 8,330 58,201 5,383 20,850 9,657 5,652 2,537 29,051 39.997 16,886 3.874 37,018 9,108 2,644 31,100 17,856 894,895 Net charity income l{expenditure) 8,410 (61,897) This page does not form part of the statutory financial statements -36-
WIRRAL INFORMATION RESOURCE FOR EQUALITY AND DIVERSITY LIMITED (A company Ilmited by guarantee) DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2025 - continued 2025 2024 SUBSIDIARY COMf¥lERCIAL TRADING OPERATIONS Income Expenditure 379 (430) 27,795 (18,395) Subsidiary profitl{loss) for the year (51) 9,400 Net consolidated incomel(expenditure) 52,497) This page does not fomi part of the statutory financial statements -37-