BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (A COMPANY LIMITED BY GUARANTEE) REGISTERED COMPANY NUMBER: 3596998 (England and Wales) REGISTERED CHARITY NUMBER.. 1071374 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Limited bv Guarant@@! CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 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 ILim.ited bv Guarantee) CHARITY & COMPANY INFORMATION Charity Name Breckfield & North Everton Neighbourhood Council (Limited by Guarantee) Registered Company Number 2.fjQ69CJR (FnglaD.r4 and Wales) Registered Charity Number 1071374 Registered Office The Breckfield Centre Breckfield Road North Liverpool L5 OQW TrusteeslDirectors George Brice (deceased 8 April 2025) Rev Peter Roberts (re-signed 21 May 2025) Marie McGiveron (resigned 4 June 2024) Pauline Lopez (resigned 8 April 2025) Roy Cowley Brian Garvey Eric Binks Peter Walthew Roy Ashley (appointed 8 July 2025) Company Secretary Paiil Robinson, MRF Bankers Virgin Money 7 Gold Street Northampton NN11EN Independent Examiner Counting for Communities Ltd 16 Holmwood Drive Liverpool L371PQ BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED ILim.ited bv Gu.arantee! TRUSTEES, ANNUAL REPORT For the year ended 31 March 2025 The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report'with the financial statements ofthe charity for the year ended 31 March 2025. 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 limtted by guarantee, was incorporated in June 1997. The governing 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 Triiqtpp..% 2rg. Annointed OD. Ihe bAqis nf their abilily In hrina tn the Board a rangp. nf .qkil!.s 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 Brp.p.k.field & Nort.h. Fvp.rt_on NeighboLirhood Colinril Limited haq 8. Manaoement 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 m&nageimeiK 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 communit!. Significant external 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 Vvhen planning and prooramming activities for the local residents of Breckfield & North Everton, the Trustees of Breckfielcl & North Everton are mindful of the Charity Commissions guidelines on Public Benefit. BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED ILim.it_ed. bv Gy.arg.ntee! TRUSTEES, ANNUAL REPORT- CONTINUED For the year ended 31 March 2025 OBJECTIVES AND ACTIVITIES The principle aims and objectives of the charity are.. To d.evelop the canap.itv of OLir r.orm.miinilv groilns throLigh n2rt_nKJ.rship wit_h_ nilr affilialed 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 provision/promotion of services and agencies, wb.iph enhanp.p. nnrsnrtLinities And 4rlrlress unp_amployment. 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 thaf 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 thatwe cover, this is enabled by utilisirtg grants from local authority. national Government, National Lottery and other charitable bndips to provirlp. 2r.ti!itieq Anfl p.rtiir.2tinnAI Sf3_r!ip.p.-¢ that thp.v nthpryvisp Mini ilrl nnt be. ablp. to access at the local level and therefore facilitate a fuller and more active role in society. ACHIEVEMENT AND PERFORMANCE Rw.iew of Actlvities and lil come generation BNENC Chairman's Re ort - Roy Cowley This year has been one of change for BNENC the Board and our work in the Community, this year has seen the resignation of Peter Roberts who was BNENC Chairman for a number of years and oversaw the development and implementation of many of BNENC'S new programmes and projects, the board would like to take this opportunity to thank Peter for his time and commitment. It is also with a heavy heart that as Chaimian I have to report the sad passing of one of the original fniInd.p.rs of BNF_NC. Mr George Brjr.p Gporgg. w?.q a co.mmLIDilv Artivist 3_nd nijt the community at the forefront of all he did, George will be greatly missed by the board, the community his family and friends. The board has seen the change and appointment of a number of officers with myself taking over the role of Chairman, Brian Garvey being voted in as Vice Chairman and the appointment of new Board member Mr Roy Ashley, The BNENC board continue to meet on a regular basis to ensur& our charity continues to meet it.s legal obligation to th& charity commission, companies house, the charity and our funders. l am proud to lead such a fotward-thinking Charity that plays an important part in supporting vulnerable residents in one ofthe most deprived areas in Liverpool, I would like to take time to report on some of our programme highlights that BNENC have delivered this year. BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED ILimited bv Guaran.tee! TRUSTEES, ANNUAL REPORT- CONTINUED For the year ended 31 March 2025 BNENC'S welfare rights and anti-poverty programrne continues to be the beacon of hope for the community this year it has supported 3,270 individuals and secured £975,000 in new and back dated pensions and benefits. We have handed out 200 Christmas hampers tn qtriJfTnlinn !2mjlies IhAt nrnvided. thp.m wjth a !p..qlive Chrj.slm28 me3_! we. h.ad 118 attending our Warm Hub at the Breckfield Centre and cooked 655 hot meals for HAF and residents. Our family support saw Baby Bank providing 97 baby support packages consisting of baby formula, nappies bott5es and safety equipment. I would like to take this opportunity to thank our funders that includes The National Lottery Community F-und, The Steve Morgan Foundation. The John Moores Foundation, the Freemasons and our many other funders. BNENC continues to develop and has become a name to work with in the community health awareness and prevention field, BNENC has developed a niche in this area with a number of contracts being awarded for its award-winning prograrnmes that include Breast Savvy that recently won a Liverpool City Region health and well-being award, shortlisted for a World Health Organisation film (4 x-rays could save your life) and being nominated for a National Health & Social Justice Award. BNENC have since delivered Childhood Immunisation and a healthy lung programme. Our Communitv & Health team continue to work with the NHS, Primarv Care Network. CIT and Liverpool School of Tropical Medicine in ensuring that our residents have access to the best possible health prevention and awareness programmes. Loneliness and isolation continue to have an impact upon many in our community in order to help reduce this problem BNENC'S Kick Start 2 Health delivers 3 befriending schemes, Boccia working with men recovering from a stroke, a monthly walk & talk programme. cycle 4 health, a health eating workshop and an allotment. Kick Start 2 Health has received manv letters of thanks from its members and beneficiaries we would like to thank Awards for All for funding this programme BNENC continues to work for the benefit of its residents and the wider community this work is carried out by a small team of staff led by our CEO & Founder Bob Blanchard and our Director of Operations Paul Robinson who ensure that the work delivered by our staff and volunteers is quality driven and meets the needs of the community. I would like to take this opportunity on behalf of the BNENC board to thank all our staff and volunteers for their hard work dedication and commitment in making BNENC the successful Charitv it has become. FINANCIAL REVIEW Reserves Policy The Trustees regularly review the organisation s r.eserves and have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ("free reserves") held bv the charity should be 3 months of the resources expended. Plans for Future Periods Plans for the Development of BNENC include.'_ BRECI(FIELD & NORTkl EVERI ON NEIGHBOUP.HOOD COUNCIL LIiVIITED !Limited biff Guarantee) TP.USTEES' ANNUAL P.EPORT - CONTINUED Forthe year ended 3.1 March 2025 BNENC are constantly researching in to the needs and requirements of our local communily for tlie upcoming Iinancial year ilie ￿1111 be lool(Iiig ai ialiing forvjafd a number of initiatives on top of the ones that I have mentioned in my Chairman's report these will include". 1 Thp annnintmp.nl nT a np.w nn.qition n! A Tjindinn nnirpr thi.% i!i!I ren!g.r.p. n2rl of the. role of our current CEO & Founder 14)ho will be retiring in the upcoming financial year. 2. The development & delivery ofa 3-year Tunded programme in helping members of our community achieve and maintain a healthy weight Iliis will be delivered by our Kick st-rt 214ealth ieum in partnership ivilh ICE Creates. 3. The delivery of a walk & talk event for 100 local men this will be worliing In coll4boralion with The LFP FoLID.dation th.is w4s verv SLipcessfiil Lvhen we delivered it lasi lime 4. For BNENC lo continue to build on its current successful programmes and develop our welfare rights and anli-poverty programmes further by securing adrjitional funding in order Tor it lo become sustainable and viable. STATEME)IJT OF TRUSTEES RESPOIlJSIBILI IIES Company law requires the Directors to prèpare Tinancial statements for each financial period that give a Irue and Tair view of the siate of atiairs of the company and of its income and e.Ypenditure for Ihal period. In pr¥paring Those financial g.atements. Ilie Directors are required to". select suitable accounting policies and then apply them consislenlly- make judgements and estinales that are reasonable and pwdent.. prepare tne financial statements on the going concern tsasls unless it is inappropriate lo presume that the company 14Jill continue as a going concern," state whether applicable accounting 5iandards have been Tolloweci, subject to any material departure disclosed and ei*plained in ihe financial stalemenls. The directors are responsible for keeping proper accounting records which disclose with i easonable accuracy qt any time the finoncial posilion of Ile company and lo enable them to ensure that the financial accounis comply with the Companies Act 2006. They are also responsiDie tor saTeguaraing ine asseis OT ine company ana hence ror iaKing reasonaDle steps for the prevention and detection of fraud and other irregularities. By Order of the Board jii Roy Cowley BNENC Chairman Dale INDEPENDENT EXAMINATION TO THE MEMBERS OF BRECKFIELD & NORTH EVERTON NEIGHBOUR.H.OOD COUNCIL LIMITED ILimitod bv Guarantee) I report on the accounts for the year ended 31 March 2025 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 A.rt ?ni i ithe Ch8.rjties Ar.t! And th3.t an 1nde￿￿.￿d.ent eyAmin.alinn is reqLiire.rl 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. Basis 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 conseqLiently 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: a. to keep accounting records in accordance with section 130 of the Charities Act., and b. to prepare accounts wnicn accord wilh the accounting recoras, comply wilh tne accouniing 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. Date.. Name: Anne Leonard Professional qualifications.. BA, FMAAT c.ounting For c.o.mmunitie.s Lld 16 Holmwood Drive, Liverpool, L37 1 PQ BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (Lirnited bv GuaraD.tee! STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) For the year ended 31 March 2025 There are no recognised gains or losses other than the net movement in funds for the above two financial years. All incominct resoLifc-g.q Anrl_ rp.qoiirnes expended. d.p.rivg. frnm r.ontiniiino ac.tivitie-s. 2025 2025 2025 Unrestricted Designated Restricted Funds Funds Funds 2025 Total Funds 2024 Total Funds Note INCONIING RESOURCES Incoming & endowments from.. Donations and legacies Charitable actiiities 2,734 34,7Q5 90,516 3,237 1,559 210,900 1,325 4,293 245,695 91,841 3,23T 8,184 255,298 98,562 Other charitable actilAties Investments Total In¢ome 131,282 213,784 345,066 366,561 RESOURCES EXPENDED Expenditure on: Raising ￿ndS Charitable aCti￿7t1eS 156,649 241,055 397.704 430,200 Total expenditure 156,649 241,055 397,704 430,200 Net Income l {expenditure) for the yea r before transfers Transfers be￿een funds 125.3671 127,2711 (52,6381 163,639) 15 Net income l {expenditurel for the year (25,3671 127.2711 {52,6381 163,6391 RECONCILIATION OF FUNDS Total fvnds brought forward 161,523 97, 357 158.452 417,332 480,971 TOTAL FUNDS CARRIED FORWARD 136,156 97,357 131,181 364,694 417,332 The notes form part of these financial statements BRECKFIELD a. NORI H EVERTON NEIGFIBOURHOOD COUNCIL LIMITED {1 imited hv CILI?rAMtg_p.! BALANCE SHEET at 31 March 2025 Registration Number- 3596998 2025 Unreslricled Funds 2025 Designated Funds 2025 Reslricled Funas 2025 Totsl Funds 2024 Toia Funds Note Fl.xFn &ooFYq Tangible assets 11 98,459 90.000 188,459 221,279 CURRENT Assgrs Debtors 12 21.765 25.343 47,108 21,765 163,88 85,646 21,640 184,797 206.437 Casli at bank and in h8nd 13 41. 1.81 41,181 97.357 CREDITORS Amount5 falling due within one year 14 19.4911 19.4111 110.2841 NET CURRENT ASSETS 37,697 41.181 176,235 196,053 TOTAL ASSEfs LESS CURREtsIT LIA8ILITIES 97.357 131,181 364,694 417,332 FUNDS 15 Unreslrieted Tunds Designated fiJn¢Js Re51ricled fvnds 136,156 97,357 131.181 161,523 97,357 158.452 TOTAL FUNDS 364.694 417.332 For the year ending 31 ￿larCh 2025 the company s-.ias entitled lo exemption irom audit under secllon 477 of the Companies Act 2006 relating to small companies. Directors. responsibilities The members have not required the companij to obÉain an audit of its accounts for Ihe year in question in accordance with section 476 olthe Companies Aci 2006 The directors acknowledge Iheir responsibilities ior complying wilh the requirements OT the ompanies Nci Lvuti wiin respeci io accouniing recorcfs ana preparaiion of accounis. Thesca accounts have been prepared in accordance i.vilh the provisions applicable to companies subject lo the small companies, regime. The financial statements were approved by the Board of Trustees and signed on ils behalr by-. 11 Roy Cowley- Chairman Dale The notes fomi part of these financial statements 10 BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED Il imited bv GuArantp.@! NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 1. ACCOUNTING POLICIES Accounting convention The financial statements of the charity, which is a public benefit entity under FRS 102, have been nrp_n2red. un.d.er the historic.xl r.nqt r.nniip.nlion the- e.nmnAnies Act 2006, thp. P.h2ritip.-q Ap.t ?fl11 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 amnLInts in the.se finanrial statementq 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 existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts. Income Incomina recoanition All incoming resources are included on the Statement of Financial Activities (SOFA) when the charity 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 with fundraising or contract income) the incoming resources and related e-penditur& ar& reported gross in the SOFA Grants and Donations C*rants and donAtiong are only included in the SOFA when the Ch.aritv h2< Linr.on.rljtion?l entitlement to the resource. Contractual Income and Performance 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 Liabilities Liability Recognition Liabililies ar& recognised as soon as there is a legal or const.r.uctiv& 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 governance or constitutional matters. BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (l imited. bv Guarantee! NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2025 Grants and Performance Conditions Where the charity gives a grant with conditions for its payment being a specific level of setvice output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided Ihe spe-p.iflc qervjr.p or OLilpi Il 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 F.ixed assets and deprecialion Depreciation is provided at the following annual rates in order to write off each asset over its estimated usefiil life. The follnwing rate-s and methnds a.re. i!.s?.d' Freehold b uild ings Leasehold land Motor vehicles Fixlures and fittings 50/0 Straight line 500/0 reducing balan 50 % reducing balance All equipment, fixtures and fittings with an original cost of less than £1,000, are written off in the year in which the exoenditure was incurred on the basis that due to the nature of the companv'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 subseauentlv 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 unrpstric.ted fLinds . c.an be 11.qp.d in AC.e.ordan.re with_ thp cb.aritable ohiective_g at the dindjti Ire Support & Governance NJote Analysis of expenditure Total expenditure in 2025 Total expenditure in 2024 258,998 271,20Q 138,706 158,991 Analysed. as follows: Direct Charitable Expenditure St-ff co-ts 2025 2024 21: 20K 1 r14 Actimties & Projects Vehicle costs 9,880 3,109 3,763 3.876 22.830 20,958 8,317 6,217 8,351 20,182 2,000 271,209 Volunteer expenses Rate5 Refrushments Sessional 258,998 Support & Governance C05tS Training Depreciation utilities Repair5 and maintenance Insurance 3,915 32,820 47,709 19,787 13,267 5,392 4,461 102 2,618 45,531 51,728 17,110 IT costs 16,500 9,788 259 Advèrtising & Promotion Bank charges Office expenses other costs 5,053 4,200 4,415 402 GovernarTrce- see below" 138,706 158,991 Fees for examination of the accounts Included in Governance costs Independent examiners fees 2025 2024 2,000 2,000 1,500 1,500 15 BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED 11 imitpd by GiiarAntpp) NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2025 Note 2025 2025 2025 2025 2024 Unrestricted Designated Restricted Total Total staff Costs and Employees Wages and salaries Social security C05t5 Pension. 69,313 129,696 12,908 199,009 12,908 3,623 215,540 189,588 12,277 3,319 205.184 69,313 146,227 No employee earned r60,000 or more during the year The average number of employees during the year was Development Administration 2025 2024 10 12 2025 2025 2025 2025 2024 Unrestricted Designated Restricted Total Total 10 Net Resources are after charging Payroll costs Depreciation Inciependentr Examination fee 69,313 32,820 146,227 215,540 32,820 205,184 45,531 1,500 252.215 104,133 146,227 250.360 16 BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED (l imite(I by fJii2rantpp! NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2025 Freehold land and buildings Note Leasehold land Total 11 Fixed Assets Cost At 1 April 2024 Dis posals Additions 1,510,750 go,ODO 1,600,750 At 31 March 2025 1.510,750 90,000 1,600,750 Depreciation At 1 April 2024 On Disposals Charge for year At 31 March 2025 1, 379, 471 1,379,471 32,820 1.412,291 32,820 1,412.291 Net Book Value At 31 March 2025 98,459 90.000 188,459 At 31 March 20.24 131,.27 221,279 On 30 March 2001 the charitable company acquired a lease for 125 years: at a pet)percorn rent: from Livarpool Citv Council for the property then known a5 Mere Lane Gas Depot In addition to the above 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 Giiaranteel NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2025 2025 2025 2025 2025 2024 Note Unrestricted Designated Restricted Total Total 12 Debtors Olher debtors 1g.143 2,622 21,765 19,143 2,622 21,765 19,107 2,533 21,640 PIEpayments 2ry2fi 2025. 2024 Unrestricted Des ignated Restricted Total Total 13 Cash at bank and in hand Community Accounts & Petty Cash Virgin High Interest Account Barclays Pi'emium Accountr 6,430 178,090 25,341 97, 357 41,181 163,879 25,343 97,357 41,181 163,881 184.797 2.025. 202.5 Des ignated 202S 2Q24 Unrestricted Restiicted Total Total 14 .ts #alling within one year Trade Creditors Pension 678 Accruals 5, 299 5,299 4,1t2 9,411 5,687 9,411 10,384 18 BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED 11 imited bv fryLIAraD.tpp! NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2025 Note 15 Movement in Funds Balance at 31 March 2024 Balance at 31 March 2025 Incoming Resources Resources Expended Transfers In l (Out) Unrestricted Funds Gene131 Fund 181,523 161,523 131,282 131,282 1156,8491 (156,649) 136,156 136,156 Restricted Fund5 Anti Povèrty Awards k)r All 9,362 3,304 112,8661 112,0001 8,000 90,002 Building Cycle Project Feeding Livèrpool Joiln IUvofvJ Foundation 90,002 281 111,3531 13,5001 (9,500) 123,1781 17,1371 (3,841) {10,0001 (1481 (31.570) 1116,1621 (241,0551 3,500 10,000 16,543 7,137 2,605 10,000 2,500 6,635 KS2H LCC LNF Mini Bus 2.628 1,392 steve Morgan Uniform Re-connect 148 Waves/Sorts NLF Community Fund. 3,649 43,247 158,452 27,956 101,667 213,784 35 28,752 131,181 Designated Funds Closure costs 72,000 25,357 97.357 72,000 25,357 97,357 Grant fund Total Funds 417.332 345, 066 {397,7041 364.694 19 BRECKFIELD & NORTH EVERTON NEIGHBOURHOOD COUNCIL LIMITED 11 imitorl hii I IA ra nto•l NOTES TO THE FINANCIAL STATEMENTS- CONTINUED Forthe year ended 31 March 2025 Restricted Funds Building This is the value of the leasehold land and is not depreciated as the lease is to run for 120 years. Desi nated Funds Closure costs Funds to cover three months, salary and utility costs in the event of the charitable company being wo.und up. Th.is. is not exp.ected to happen in the fo.rese.eab.le f.uture, h.owever, the trustees considar 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 NEIGHBQURHOOD COUNCIL LIMITED 11 imitp_r! hv filJArantep! NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2025 Note 16 Trustees, remuneration, benefits and expenses. Thprp iM@rp nn try I qtppo, rsJm I Inpralirtn Aynpn q¢thQ nr nthp.r h45n*!Itq fnr thg iips?r pnrlt3d 31 qt March 2025 nor for the year ended 31 st March 2024. 17 Company Limited by Guarantee The organisation is a company limited by guarantee and has no share capital. The liabilily of each member in the event of winding up is limited to £1. 18 Capitsl Commitments The n.h2ritv h2d nn p.Anit21 rommitm.ents at 31 sl Nfja.rc.h ?0?5 (?O?A: nill either conlrAc.ted for or authorised by the directors but not contracted for. 21