Wavertree Garden Suburb Institute Charity Number 1067999 Financial Ststements 31 March 2025 Sinclair Accounting Co. Ltd Chartered Accountants 300 St Mary's Road Garston Liverpool L19 ONQ Wavertree Garden Suburb Institute Report and accounts Contents Page Independent examiners report Report of Management Committee Statement of financial activities 24 Balance sheet Notes to the accounts 6-8 Wavertree Garden Suburb Institute Charity Number: 1067999 Independent examiners report Accountsnts Sinclair Accounting Co. Ltd Chartered Accountants 300 Sl Matys Road Garston Liverpool L190NQ Independent Examiner Graeme O'callaghan ACA Respective responsibilities of trustee5 and examiner The charrty's Iruslees are responsible for the preparation of the accounts. The charty's trustees consider that an audtt is not required for this year under Section 43121 of the Chanties Act 1993 and that an independent examination is needed. 11 is my responsibility to.. Examine the accounts {under section 4313)lal of the 1993 Acti- Follow the procedures laid down in the General Directions given by the Chanty Commissioners (under Section 4317llbl of the 1993 Act), and stste whether particular matters have come to my attention. Basis of independent examinerfs report My examination was carried out in accordance wtth the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by Ihe charity and a comparison of the accounts presented wi(h those records. 11 also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as the management committee conceming any such matters. The prO￿dureS undertaken do not provide all the evidence that would be required in an audit, and consequentiy I do not express an audf( opinion on the view given by the accounts. Independent examinerfs statement In connection with my examination, no matter has come to my attention.. which gives me reasonab￿ cause to believe that in any material respecl the requirements. To keep accounting Tecords in accordan￿ Trmlh section 41 of the 1993 Act and To prepa￿ accounts which ac￿rd wlh the accounting records and to comply with the accounting requirements of the 1993 Act have been met.. or to which, in my opinion, attention should be drawn in order lo enable a proper understsnding of the accounts lo be reached Graeme O'callaghan ACA Chartered Accountant 300 Sl Marls Road Liverpool L190NQ Signed G O'CaLLagh&+tr Date 1010212026 Wavertree Garden Suburb Institute Charity Number: 1067999 Report of the Management Committee for the year ended 31 March 2025. The management committee presents its report and unaudited financial statements for the year ended 31 March 2025. Reference and Administrative Infomiation Charity Name.. Charity registration number.. Registered Office.. Operational address= Wavertree Garden Suburb Institute 1067999 208 Garston Old Road Liverpool L19 1QL 149-151 Thingwall Road Liverpool L15 7JX Management Committee Carol Golightly {Chair) Anne Roberts David Griffiths Mohammed Arshad Erin Roberts Accountants Sinclairs Accounting Co. Ltd Chartered Accountants 300 St Mary s Road Garston Liverpool L19 ONQ Bankers HSBC UK Bank PIC 525 Prescot Road Old Swan Liverpool L13 5UU Signed Carol Golightly Date 1010212026 Purposes of the charity (a) To promote the benefit of the inhabitants of Wavertree Garden Suburb and the neighbourhood without distinction of sex, sexual orientation, race or of political religious or other opinions, by associating together the said inhabitants and the local authorities. voluntary and other organisations in common effort to advance education and to provide fascilities in the interest of social welfare for recreation amd other leisure-time occupation with the object of improving the lives of the said inhabitants (b) To establish or to secure the establishment of a community centre and to maintain and manage the same in furtherence of these objects. {c)To promote such other charitable purpose as from time to time be determined Ensuring our work delivers our aims We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help. The review also helps us ensure our aim. objectives and activities remained focused on our stated purposes. We have referred to the guidan￿ contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular. the trustees consider how planned activities will contribute to the aims and objectives they have set. Financial Review We have continued to work on repairing our building during this year and as such, the charity has recorded a deficit during the year of £9,465. This was due to significant repairs being carried out. Principal Funding Sources The principal funding sources for the charity are currently by way of membership subscriptions and hall hire fees. Reserves Policy The charity endeavours to hold at least six months running costs in reserve which would be approximately £5,000.00. Structure, Governance and Management Governing Document The charity is an unincorporated association, govemed under a constitution. Recruitment and Appointment of Management Committee Nominated by membership groups who are users of the community ￿ntre'S facilities, elected at the AGM. Wavertree Garden Suburb Institute Charity Number- 1067999 Statement of Financial Activities For Period of 01 April 2024 to 31 March 2025 Notes unrestrict￿ Restrict Funds Funds Total 2025 2025 2025 INCOME Income 30.714 30,714 Interest and other Total Incoming Resources 30.722 30.722 EXPENDITURE Premises costs 13452.9 13,453 General admin 18510.13 18.510 Legal & professional 420 420 32.383 32,383 Net Incoming IOLrtgoingl resources for the year 11.6611 11.6611 Balance brought forward Balancès carriail forward 1.661 1,661 Wavertree Garden Suburb Institute Charity Number: 1067999 Balance Sheet as at 31 March 2025 2025 Tangible fixed assets 1,092 Debtors Bank 5.826 Total Assets 6,917 Accruals 420 Current Liabilities 420 Net Assets 6,497 Reserv8S Opening Balance 8.158 Current Year Surplus(Deficit) (1.661} Surplus Funds 6,497 ADDroved bv:. Carol Golightly Approved by the board on 1 Oth February 2026 Wavertree Garden Suburb Institute Charity Number: 1067999 Notes to the Accounts for the period ending the 31 March 2025 Accounting Policies The accounts have been prepared with applicable accounting stsndards and statements of recommended practice. Income Income represents the value of grants, subscription and hire fees received. b Accounling conventions The accounts are prepared under the historical cost convention. Grants All grants received are accounted on a received basis. Expenditure Costs are allocated based on the accruals concept. Voluntary help A certain amounl of time is expended on the charitys activtties whith is donated free of charge. It is not possible to quantify Ihe value of the time given. and according￿ tt is neither recorded as donated income or as expenditure in the accounts. Out of pockel expenses are occasionally repaid to volunteers. Income 2025 Hall hire fees Subscription Other income Government grant 21.268 5.926 3.520 30,714 Interest received 30.722 Restricted funds Restricted funds Total Income 30.722 Analysis of totsl expenditure 2025 Premises costs Rent Rates Light & heat Water & waste Cleaning 599 5,700 1,968 4,221 13.453 General admin Telephone Bank charges Insurance Music license Printing & stationery Repairs and renewals Depreciation 597 3,430 13,392 1,092 18.510 Legal & professional Accountancy fees 420 420 TOTAL EXPENDITURE 32.383 Tangible fixed assets Equipment & fixtures Cost At 1 st April 2024 Additions At 31 March 2025 2.183 2.183 Deprecation At 1 st April 2024 Charge for year At 31 March 2025 1,092 1.092 Net book value At 1 st April 2024 At 31 March 2025 2,183 1,092 Debtors 2025 Debtors 2025 Cash at Bank HSBC community savings HSBC community account 6,130 2,002 8.133 Accruals 2025 Accruals 420 420 Employment Expenses The average number of persons employed by the chartty during the period was as follows.. 2025 Number