BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (A COMPANY LIMITED BY GUARANTEE) REGISTERED COMPANY NUMBER: 35969981England and Wales) REGISTERED CHARITY NUMBER.. 1071374 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee) CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CONTENTS Page Company Information Trustees, Report 4t07 Independent Examiner's Report Statement of Financial Activities Balance Sheet 10 Notes to the Financial Statements 11 to21
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee) CHARITY & COMPANY INFORMATION Charity Name Breckfield & North Everton Neighbourhood Council (Limited by Guarantee) Registered Company Number 3596998 (England and Wales) Registered Charity Number 1071374 Registered Office The Breckfield Centre Breckfield Road North Liverpool L5 OQW TrusteeslDirectors George Brice Rev Peter Roberts Marie McGiveron (resigned 4 June 2024) Pauline Lopez Roy Cowley Brian Garvey Eric Binks Peter Walthew Company Secretary Paul Robinson. MBE Bankers Barclays Bank PIC 337-339 stanley Road New Strand Bootle Merseyside L20 3EB Independent Examiner Counting for Communities Ltd 16 Holmwood Drive Liverpool L37 1PQ
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee) TRUSTEES, ANNUAL REPORT For the year ended 31 March 2024 The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the chartty for the year ended 31 March 2024. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charities Act 2011 and the '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 and Republic of Ireland (FRS 102) (effective 1 January 2019),. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The organisation, which is a registered charity limrted by guarantee, was incorporated in June 1997. The goveming document is the company's Memorandum and Articles of Association. Every member of the charity undertakes to contribute such amount as required (not exceeding £1) if the charity should be wound up. Induction and training of new trustees Trustees are appointed on the basis of their ability to bring to the Board a range of skills to assist in the governance and development of the Charity. Before appointment they are guided by the Chairperson and Vice Chairperson through a comprehensive induction procedure designed to give them a complete understanding of the aims and aspirations of the Charity. In addition, Charity Commission literature is given to all Trustees on an on-going basis in order to assist them to understand their legal responsibilities. Organisational Structure Breckfield & North Everton Neighbourhood Council Limited has a Management Committee who meets at least 4 times per year and is responsible for the strategic direction and policy of the charity. There is also a Human Resource & Finance sub-committee which also meets at least 4 times a year. Risk Identification and management The Trustees are aware that the main area of risk is the cost of managing and maintaining the Centre and its programmes to provide support and resources for the communily. Signrficant extemal risks to funding have led to the development of strategic plans which would allow for the diversification of funding and activities. The Board of Trustees regularly review the organisation's reserves and is seeking to maintain a level of unrestricted funds in line with our Reserves Policy. Public Benefit When planning and programming activities for the local residents of Breckfield & North Everton, the Trustees of Breckfield & North Everton are mindful of the Charity Commissions guidelines on Public Benefit.
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee) TRUSTEES, ANNUAL REPORT- CONTINUED For the year ended 31 March 2024 OBJECTIVES AND ACTIVITIES The principle aims and objectives of the charity are.. To develop the capacity of our community groups through partnership with our affiliated members, Liverpool City Council, other funders, training providers and the commercial sector. Assist with the start-up and growth of affiliated groups under-represented in our arealsector of our community. Assist funding into the community, which supports the needs and aspirations of our groupslservices. Encourage regeneration through this provisionlpromotion of services and agencies, which enhance opportunities and address unemployment. To promote the physical regeneration of the Everton area. To nurture a working environment that encourages support and negates blame and prejudice to ensure that we are able to enjoy the work that we do. BNENC continues to provide wherever possible services for local residents free of charge due to the Inherent poverty that exists in the area that we cover, this is enabled by utilising grants from local authority. national Government, National Lottery and other charitable bodies to provide activities and educational services that they otherwise would not be able to access at the local level and therefore facilitate a fuller and more active role in society. ACHIEVEMENT AND PERFORMANCE Review of Activities and Income generation BNENC Chairman's Re ort BNENC exists to improve the quality of life of people in our community. This year has been filled with many stories of how we have made a real difference in the lives of individuals in our community. Ranging from the disabled widow getting the help she needs to claim all the benefits she is entitled to so she can afford heating and food. to giving great experiences and food to some of the most disadvantaged children in the country. As trustees we a want to thank all our staff and volunteers for their dedicated hard work and caring nature that often goes above and beyond. This year it has been encouraging to be recognised for several projects we have run. We have won the Steve Morgan Foundation best Small to Medium Charity Award this award recognising the impact that our charity has in the local community and how BNENC is improving people's lives. We have also won the Liverpool City Region Health & Well Being award and the Primary Care Network award for best Community Innovation Team. Our centre is in the middle of one of the most deprived communities in the UK. As a centre we seek to be a force for good in this needy place. Looking back over the last year it has been encouraging to see how the charity has been able to deliver such a posrtive impact as we help our community. We have limited resources so seek to focus them of addressing 3 key areas" health & wellbeing, poverty & employment, and families & young people.
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee) TRUSTEES, ANNUAL REPORT- CONTINUED For the year ended 31 March 2024 Below are a few highlights-. Our health and wellbeing projects range from weekly befriending schemes that are supporting 150 older vulnerable residents per week to our Breast Sawy road show events that increase breast cancer awareness which has won several awards. Our poverty and employment stream in the last 6 months has supported 1,388 individuals and helped them to secure £790,552.16 in new and back dated benefrts. In the last 6 months we have also given out 277 emergency food parcels, and hampers have been given out to 400 individuals, couples and families. Our families and young people's projects have set up a baby bank to support new parents, given out 1666 Items of Free School Unifomis, and run a several successful Holiday Activities and Food programmes for young people in our area. On behalf of the charity. I would like to take this opportunity to thank our many generous funders who have supported the BNENC to be able to improve the quality of life for people in our community. FINANCIAL REVIEW Reserves Policy The Trustees regularly review the organisation's reserves and have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ("free reserves") held by the charty should be 3 months of the resources expended. Plans for Future Periods Plans for the Development of BNENC include:. To continue to grow and develop the board of Directors in order that BNENC continues to have the quality skills and knowledge to run a successful charity for the community. Develop and deliver BNENC'S latest programme supporting the most vulnerable in our community, BNENC'S Anti-Poverty programme will look to develop a number of programmes under the title of Anti-Poverty Programme these will include our Welfare Rights Programme, Free School Uniforms for families struggling to cope financially, our HAF programme feeding children and young people in receipt of free school meals during the half term and summer period, as well as BNENC'S Food Bank and emergency food voucher schemes.
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee) TRUSTEES, ANNUAL REPORT- CONTINUED For the year ended 31 March 2024 STATEMENT OF TRUSTEES RESPONSIBILITIES Company law requires the Directors to prepare financial statements for each financial period that give a true and fair view of the state of affairs of the company and of its income and expenditure for that period. In preparing those financial statements, the Directors are required to: select suitable accounting policies and then apply them consistently,. make judgements and estimates that are reasonable and prudent., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue as a going concem., state whether applicable accounting standards have been followed, subject to any material departure disclosed and explained in the financial statements. The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. By Order of the Board Rev P Roberts Trustee Date
INDEPENDENT EXAMINATION TO THE MEMBERS OF BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee) I report on the accounts for the year ended 31 March 2024 set out on pages 9 to 21. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is required. It is my responsibility to: examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145 (5)(b) of the Charities Act, and to state whether particular matters have come to my attention. Basss of the independent examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention: which gives me reasonable cause to believe that. in any material respect. the requirements: . to keep accounting records in accordance with section 130 of the Charities Act., and b. to prepare accounts which accord with the accounting records, comply with the accounting requirements of the Charities Act have not been met., or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached: Signed: Date:.... l.¢.......vJo%t.......14 Name.. Anne Leonard Professional qualifications.. BA. FMAAT Counting For Communities Lld 16 Holmwood Drive, Liverpool, L37 1 PQ
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) For the year ended 31 March 2024 2024 2024 2024 Unrestricted Designated Restricted Funds Funds Funds 2024 Total Funds 2023 Total Funds Note INCOMING RESOURCES Incomlng & endowments from: Donations and legacies Charitable actimties Other trading a¢tiwties Investments 8,184 12,826 95,788 4,517 8,184 255,298 98,562 4.517 9,306 229,903 160,870 263 242,472 2,774 Total Income 121,315 245,246 366,561 400,342 RESOURCES EXPENDED Expendlture on: Raising fvnds Charitable a¢tlMties 193,427 236,773 430,200 442,634 Total expendlture 193,427 236,773 430,200 442,834 Net Income l (expendlture) for the year before transfers Transfers beeen funds 172,112) 8,473 {63,639) 142,492) 15 130,543} 30,543 Net Income I lexpendlknfe) for the year {102,6551 39,016 (83,639) 142,4921 RECONCILIATION OF FUNDS Tot8] fiJnds brought forward 264,178 97,357 119,436 480,971 523,463 TOTAL FUNDS CARRIED FORWARD 161,523 97,357 158,452 417.332 480,971 There are no recognised gains or losses other than the net movement in funds for the above two financial years. All incoming resources and resources expended derive from continuing activities. The notes fonn part of these financial statements
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee) BALANCE SHEET at 31 March 2024 Registration Number: 3596998 2024 Unrestricted Funds 2024 Designated Funds 2024 Restricted Funds 2024 Total Funds 2023 Total Funds Note FIXED ASSETS Tangible assets 131,279 90,000 221,279 266,810 CURRENT ASSETS Debtors 12 21,640 14,291 35,931 21,640 184,797 206,437 3,224 221.074 224,298 Cash at bank and in hand 13 97,357 97,357 73,149 73,149 CREDITORS Amounts falling due within one year 14 {5,687) (4,697) (10,384) {10,137) NET CURRENT ASSETS 30,244 97,357 68,452 196,053 214,161 TOTAL ASSETS LESS CURRENT LIABILITIES 161,523 97,357 158,452 417,332 480,971 FUNDS Unrestricted fvnds 15 161,523 97,357 158,452 264,178 97,357 119,436 Designated fijnds Restricted funds TOTAL FUNDS 417,332 480,971 For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006 The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies. regime. The financial statements were approved by the Board of Trustees and signed on its behalf by: Rev P. Roberts - Trustee Date The notes fomi part ofthese financial statements 10
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 1. ACCOUNTING POLICIES Accounting convention The financial statements of the charity. which is a public benefit entity under FRS 102, have been prepared under the historical cost convention. the Companies Act 2006, the Charities Act 2011 and 'Accounting and Reporting by Charities: Statement of Recommended Practice for Charities, 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). The charity has taken advantage of the disclosure exemption in preparing these financial statements, as permitted by FRS 102, the requirements of Section 7 Statement of Cash Flows. The accounts are prepared in sterling, which is the functional currency of the charity and monetary amounts in these financial statements are rounded to the nearest £. Going Concern At the time of approving the accounts, the trustees have reasonable expectation that the charity has adequate resources to continue in operational existen for the foreseeable future. Thus the trustees continue to adopt the going concem basis of accounting in preparing the accounts. Income Incoming recognitlon All incoming resources are included on the Statement of Financial Activities (SOFA) when the charrty is legally entitled to the income and the amount can be quantified with reasonable accuracy Incoming Resources with Related Expenditure Where incoming resources have related expenditure (as wtth fundraising or contract income) the incoming reSoUrS and related expenditure are reported gross in the SOFA Grants and Donations Grants and donations are only included in the SOFA when the Charity has unconditional entitlement to the resource. Contractual Income and Perfomiance Related Grants This is only included in the SOFA once the related goods or services have been delivered. Volunteer Help The value of any voluntary help received is not included in the accounts. Investment Income This is included in the accounts when receivable. Ex enditure and Llabilitles Liability Recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to that expenditure. Governance Costs These include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governan or constitutional matters. 11
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2024 Grants and Perfonnance Conditions Where the charity gives a grant with conditions for its payment being a specific level of service output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specific service or output. Grants payable without Performance Conditions These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity Fixed assets and depreciation Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. The following rates and methods are used.. Freehold buildings Leasehold land Motor vehicles Fixtures and fittings 5 % straight line 50 % reducing balance 50¥0 reducing balan All equipment, fixtures and fittings with an original cost of less than £1,000, are written off in the year in which the expenditure was incurred on the basis that due to the nature of the company's activities, there is no expectation that the cost of the assets will be recovered in the way of future revenues. No depreciation is provided in respect of leasehold land as the lease is to run for 120 years Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. Taxation The charity is exempt from corporation tax on its charitable activities and is not registered for VAT. As a registered charity the company benefits from rates relief. Fund accounting Unrestricted funds - can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds - can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Designated funds - these are unrestricted funds set aside by the trustees for specific purposes or projects. 12
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2024 2024 2024 Designated 2024 Restricted 2024 Total 2023 Total Unrestricted Note INCOMING RESOURCES Donations and legacies Donations 8,184 8,184 9,308 8,184 8,184 9.306 2024 Unrestricted 2024 Designated 2024 Restricted 2024 Total 2023 Total Charitable actlvities Anti P0rtY Community Food Digital Programme John Moores 40, 00.cl 40.000 5,004 6,670 10,000 25.385 30,748 270 5,004 13,215 6,670 10,000 25,385 30,748 270 KS2H 93,425 Livarpool Veterans Mini Bus 7,700 9,884 Other Small Grants 7,822 7,822 5,833 Ste Morgan Uniform Re Connect 5,833 3,150 39,325 63,204 229. 903 waS/SOrtS 29,166 94,400 242,472 29,166 94,400 255,298 Welfare Rights 12,826 2024 Unrestricted 2024 Designated 2024 Restricted 2024 Total 2023 Total other trading activities Rent 75,960 18,695 1,133 95,788 75,960 18,695 3.,907 98,562 68,552 19,358 72,962 160.870 Car Part other ieN¢e 2,774 2,774 2024 Unrestricted 2024 Designated 2024 Restricted 2024 2023 Total Total Investments Bank interest receivdble 4,517 4,517 4,517 4,517 263 263 13
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED ILlmited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2024 Note 2024 Unrestricted 2024 Designated 2024 Restricted 2024 Totsl 2023 Total RESOURCES EXPENDED Raising funds other 2024 Unrestricted 2024 2024 Restricted 2024 Total 2023 Total Designated Charitable activities staff costs 64.864 5,733 3,687 250 140,320 15,225 6,101 205,184 20,958 9,788 259 238,531 13,980 4,309 363 Actimties & Projects Advertising & Promotion Bank charges Depreciation Insurance 45,531 8,772 8,877 {23, 5801 1,132 9,578 301 45,531 9,140 16,500 45,535 12,179 5,136 388 IT costs Management Charge Office expenses Refreshments 7,623 23,580 3,283 10,604 8,050 4,019 2,618 5,540 3,926 3,614 4,415 20,182 8,351 17,110 2,618 51,728 8.317 6.217 1,500 2,000 402 8,039 24,112 3,223 22,332 992 Rent & Rates Repairs and maintenance Training utilities 13,091 46,188 4,391 2,603 1,500 500 50,980 6,342 5,281 1,500 Vehicle costs Volunteer expenses Grnance Sessional 1,500 393 236,773 Other costs 193,427 430,200 442,834 14
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2024 Direct Chantable Expenditure Support & GOrnanCe Costs Note Total Analysts of expenditure Total expenditure in 2024 Total expenditure in 2023 271,209 291,469 158,991 151,365 430,200 442,834 Analy*d as follows Direct Charitable Expendlture Staff costs 2024 2023 205,184 20,958 8,317 6,217 8,351 20,182 2,000 271.209 238,531 13,980 6, 342 5,281 3,223 24,112 Actimties & Projects Vehicle costs Volunteer expenses Rates Refreshments Sessional 291,469 Support & Governance Costs Training Depreciation Utilities 2.618 45.531 51,728 17,110 9,140 16,500 9,788 259 992 45,535 50.980 22,332 12,179 5,136 4,309 363 Repairs and maintenance Insurance IT costs Advertising & Promotion Bank charges Office expenses other costs 4,415 402 8,039 Governance - see below 1,500 158.991 1,500 151,365 Fees for examinatlon of the accounts 2024 2023 Included in Governance costs Independent examinerfs fees 1.500 1.500 1,500 1,50Q 15
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2024 Note 2024 2024 2024 2024 2023 Unrestricted Designated Restricted Total Total staff Costs and Employees Wages and salaries Social security costs Pension 64,864 124,724 12,277 3,319 140,320 189.588 12,277 3,319 205.184 222,588 13,113 2,830 238,531 64,864 No employee eamed £60,000 or more during the year The average number ofemployees during the yearwas . Devèlopment Administration 2024 2023 10 12 12 14 2024 2024 2024 2024 2023 Unrestricled Designated Restricted Total Total 10 Net Resources are after charging Payroll costs Depreciation Independent Examination fee 64,864 45,531 1,500 111,895 140,320 205.184 45,531 1,500 252,215 238,531 45,535 1,500 285,566 140,320 16
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2024 Freehold land and buildings Fixtures, fittings & equipment Note Leasehold land Motor vahi¢les Total 11 Fixed Assets Cost At 1 April 2023 Disposals Additions 1,510,750 90,000 1,600,750 At 31 March 2024 1,510,750 90,000 1,600,750 Depreciation At 1 April 2023 On Disposals Charge for year At 31 March 2024 1, 333,940 1.333,940 45,531 1,379.471 45,531 1,379,471 Net Book Value At 31 March 2024 131,279 90.000 221,279 At 31 March 2023 176.810 90,000 266,810 On 30 M arch 2001 the charitable company acquired a lease for 125 year5, at a peppercorn rent, from LirpoOl City Council for the property then known as Mere Lane Gas Depot In addition to the abo the Gas Board donated the land at 70 Mere Lane at nil consideration during the year ended 31 March 2001 17
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2024 2024 2024 2024 2024 2023 Note Unrestricted Designated Restricted Total Total 12 Debtors other dèbtors 19,107 2,533 21,640 19,107 2.533 21,640 3,224 Prepayments 3,224 2024 2024 2024 2024 2023 Unrestricted Designated Restricted Tota I Total 13 Cash at bank and in hand Communrf(y Account & Petty Cash Virgin High Interest Aecount Barclays Premium Account 6,430 7,861 6,430 178,090 277 25,736 85,000 110,338 221,074 97,357 72,872 277 14,291 97,357 73,149 184,797 2024 2024 2024 2024 2Q23 Unrestricted Designated Restricted Tota I Total 14 Creditor5 . amounts falling due within one year Trade Creditors Pension 678 678 434 A¢cruals 5,687 5,687 4,019 10,384 8,012 1,691 10,137 HMRC 4,019 4,697 5,687 18
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2024 Note 15 Movement in Funds Balance at 31 March 2023 Balance at 31 March 2024 Incoming Resources Resources Expended Transfers In I (Out) Unrestricted Funds General Fund 264,178 264,178 121,315 121,315 1193,427) {193,427) 130,5431 (30, 543) 161,523 161,523 Restricted Funds Anti PoiRrty Building Cycle P roject Digit Programme John Moores 40,000 130,638) 9,362 90,002 281 90,002 281 6,670 10,000 26,626 30.748 1,800 5,833 16,670) (7,5001 138,4311 131,2431 {2,6511 15,8331 1538) 132,2591 181,0101 {236,7731 2,500 6,635 KS2H 18,440 495 LirpoOl Veterans Mini Bus 3,479 2,628 steve Morgan Uniform Re-conne.ct WaS/S0rtS 6,739 29,169 94,400 245,246 3,649 43,247 158,452 Welfare Rights 29.857 30,543 119.436 Designated Funds Closure costs 72,000 25,357 97,357 72,000 25,357 97.357 Grant nd Total Funds 480,971 366,561 {430,200) 417,332 19
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2024 Restricted Funds Building This is the value of the leasehold land and is not depreciated as the lease is to run for 120 years. WAVES Continues to be supported by a mixed economy of funders. BNENC Crime Prevention Officer continues to meet local residents and agencies to try and reduce fear and intimidation. BNENC'S SORTS (Specialised Out Reach Teams) programme also falls under his remit a programme supporting young people and diverting them away from crime by providing positive diversionary activities. Kick Start 2 Health & Wellbeing This programme is a development of BNENC'S HIM Project and our integration through sport and health bringing together all of our health and well-being programmes under one banner. This programme has been successful in securing funding from Steve Morgan Foundation and The John Moores Founclation in funding a dedicated full time worker. Welfare Rights & Anti-Poverty Programme BNENC'S Anti-Poverty programme encompasses all BNENC'S programmes supporting our most vulnerable residents who are impacted financially by the current cost of living crisis, our welfare rights programme during the last financial year has managed to bring in £793.000 of additional and backdated benefrts for residents struggling to cope. The Anti-Poverty Programme currently has 1 full time worker supported by 2 other staff members but BNENC wish to secure funding to employ another dedicated welfare rights worker to increase capacrty. BNENC feel that the Anti-poverty programme has been the most valuable programme it has ever ran as it is providing al targeted support to those in greatest need, we will continue to develop and bring in more services to ensure our most vulnerable can access support locally and within an achievable timeframe. Desi nated Funds Closure costs Funds to cover three months, salary and utility costs in the event of the charitable company being wound up. This is not expected to happen in the foreseeable future, however, the trustees consider this to be prudent. In addition the trustees have decided it is necessary to make a provision for redundancy costs. Grant Fund The trustees designated these funds to cover additional costs not anticipated from grant aided projects. 20
BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2024 Note 16 Trustees, remuneration, beneflts and expenses. There were no trustees, remuneration, expenses or other benefits for the year ended 31st March 2024 nor for the year ended 31st March 2023. 17 Company Limited by Guarantee The organisation is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1 . 18 Capital Commitments The charity had no capital commitments at 31 st March 2024 (2023: nil) erther contracted for or authorised by the directors but nol contracted for. 21