Company Number: 03559818 ## **THE ST. MARYS MILLENNIUM CENTRE LIVERPOOL LIMITED** (A company limited by guarantee) ## **REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** Company Number: 03559818 ## **THE ST. MARYS MILLENNIUM CENTRE LIVERPOOL LIMITED** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ||**Page**| |---|---| |**Legal and Administrative Information**|1| |**Trustees’ Report**|2-4| |**Independent Examiner’s Report**|5| |**Statement of Financial Activities**|6| |**Balance Sheet**|7| |**Notes forming part of the Financial Statements**|8-10| |**Detailed Income and Expenditure Account**|11| ## **FORWARD BY CHAIR:** I am delighted to present the St Mary’s Millennium Centre (Liverpool) Limited Annual Report and Financial Statements for the year ending 31 December 2024. This has been another successful year, with the centre operating at near full capacity as we continue to meet the evolving needs of our community and remain in a healthy financial position. However, the trustees have remained proactive in ensuring our long-term impact. Over the past year, we conducted a strategic review to assess our continued alignment with the objectives set out in our constitution. Additionally, through meaningful consultation with users, staff, and other interested parties we took the opportunity to refresh our mission, vision, and core values to better reflect our commitment to the community as follows: **Mission:** To offer the community a welcoming, safe, secure, and inclusive place to connect, socialise and access a diverse range of activities and key services, that meet their needs, and support their well-being and quality of life. **Vision:** To be recognised as a vital hub at the heart of the West Derby community and surrounding area, for providing a quality range of services, activities, and programmes which enhance the experience of people using the centre. **Core values:** St Mary’s Millennium Centre is committed to: Maintaining organisational integrity, effectiveness, and financial sustainability as a not-for-profit charity, being inclusive, providing equal opportunities for all, and treating everybody with respect. The three above statements are clearly displayed throughout the centre. I would like to take this opportunity to once again express our heartfelt thanks to the charity funders who have generously supported a range of projects we have delivered throughout the year. Their contributions are truly appreciated and have a significant impact on our ability to provide valuable services while remaining a cost-effective centre for our user groups. We could not remain successful without the excellent work of our Centre Manager, staff and volunteers. We greatly value their unwavering commitment and focus on supporting our user groups. The volunteers play such an important part in supporting the Friday Food Pantry for the vulnerable. On behalf of the Trustees, I would like to express our sincere thanks to all our people for their efforts. Finally, I would also like to thank my trustee colleagues for their contribution over the last 12 months; their commitment has been instrumental in helping us achieve our goals. David Blythe Chair of Trustees Company Number: 03559818 **THE ST. MARYS MILLENNIUM CENTRE LIVERPOOL LIMITED** **LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2024** Page 1 |**TRUSTEES:**|B Gibson| |---|---| ||S E Carroll| ||M H Powell| ||A Willdridge| ||C McDermott| ||D F Blythe| ||C Robinson| ||C J Gough| ||I Parry| ||V Ainsworth| |**SECRETARY:**
|C McDermott| |**REGISTERED OFFICE:**|Meadow Lane| ||West Derby| ||Liverpool| ||Merseyside| ||L12 5EA| |**COMPANY NUMBER:**|03559818 (England and Wales)| |**CHARITY NUMBER:**|1071799 (England and Wales)| |**BANKERS:**|Lloyds Bank PLC| ||88-94 Church Street| ||Liverpool| ||Merseyside| ||L1 3HD| |**INDEPENDENT EXAMINER:**|K J Miller FCA| ||Monetta LLP| ||110-114 Duke Street| ||Liverpool| ||Merseyside| ||L1 5AG| Company Number: 03559818 ## **THE ST. MARYS MILLENNIUM CENTRE LIVERPOOL LIMITED** ## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2024** ## Page 2 The trustees, who are the directors for the purpose of company law, present their annual trustees’ report together with the financial statements of the charitable company for the year ended 31 December 2024 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes. The legal and administrative information set out on page 1 forms part of this report. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association and 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. ## **Our purposes and activities, achievements and performance** The purposes of the charity are to provide a community centre for the benefit of the community in West Derby and the surrounding neighbourhood in the City of Liverpool and the County of Merseyside, without distinction of political or other opinions by associating together the community and the local authorities, voluntary and other organisations in a common effort to advance the education of the said community and provide facilities for recreation or other leisure time activities and to maintain and manage the facilities. In shaping our objectives for the year and planning our activities, the Trustees take into consideration the advice and guidance that is provided by the Charity Commission, including the guidance ‘public benefit: running a charity (PB2)’. Affordability and easy access to our facilities are important to us and are reflected in our pricing policy. Having now been established for over 25 years, the centre continues to provide users with the high standards they have come to expect. Furthermore, we continue to positively adapt and develop, based on the experiences of the user groups. We have a diverse range of users from all areas of the community including the very young to the more experienced folk. The Trustees and staff are committed to providing a centre that is welcoming and meets users’ needs. We continued our policy to provide some organised events for the community and support for the Church. We have continued to support and provide our car park for the community Food Pantry which was initially opened in October 2021 by Fans supporting food banks. This mobile pantry service provides discounted food for people who are experiencing financial problems and is open every Friday morning from 10 am to 12 noon. ## **Charity funders** The following charities made an important and valuable contribution to our operating costs and the Friday morning Food Pantry during the year: ## **Centre** : LCVS Together Liverpool Fund National Lottery Community Fund Merseyside Police Charitable Trust Eleanor Rathbone Charitable Foundation The Cloth Workers Foundation National Lottery ## **Food Pantry** : National Lottery Community Fund Feeding Liverpool Household Support Fund P H Holt Foundation ## **Financial review** The financial activities for the year and the financial position of the charitable company are shown in the annexed financial statements. There was a net increase in funds of £12,706. Details of reserves held are set out on the balance sheet. Company Number: 03559818 ## **THE ST. MARY’S MILLENNIUM CENTRE LIVERPOOL LIMITED** ## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2024** Page 3 ## **Reserves policy and going concern** We have always taken a prudent and cautious approach to determining a sensible level of unrestricted reserves to cover staff wages and the general running costs of the centre, including energy. As a general rule, we have aimed for a minimum of 9-12 months of running expenses (currently estimated to be £112,500-£150,000) to ensure financial stability. The trustees feel this would allow a reasonable amount of time to take action in the event of unforeseen circumstances, should our regular income generation be interrupted and therefore enable us to meet our responsibilities. The rationale behind our unrestricted reserves level has been based on considering the potential risk factors which may impact on our operation, assessing our operating costs, calculating monthly expenses, and obtaining advice from our accountants. Furthermore, we take into account restricted revenue streams such as funding, which are for specific projects and are not available for general use. The key aim is to ensure our stakeholders and user groups have confidence in our financial ability and that the management practices we have in place are appropriate for long-term sustainability. In summary the trustees feel confident that this approach has enabled them to establish a sensible financial reserve policy that will act as a buffer against unexpected challenges while staying aligned with our values and the delivery of our mission. ## **Plans for future periods** The trustees intend to continue to seek further users for the facilities of the community centre and to build upon past successes. ## **Structure, governance and management** The St. Marys Millennium Centre Liverpool Limited is a charitable company limited by guarantee incorporated on 7 May 1998 and registered as a charity on 2 October 1998. The Governing Instruments under which the charitable company operates comprise the Memorandum and Articles of Association dated 7 May 1998 as amended by Special Resolutions dated 4 November 2010 together with the policies made from time to time by the trustees. In the event of the company being wound up the liability in respect of the guarantee is limited to £10 per member of the charity. The trustees during the year under review, who are appointed by the members in accordance with procedures set out in the Memorandum and Articles were B Gibson, S E Carroll, M H Powell, A Willdridge, D F Blythe, C McDermott, D V Thomas (resigned 7 June 2025), C Robinson, C J Gough, C D Ashton (resigned 14 March 2025) and I Parry. Other changes in trustees since the year end are as follows, V Ainsworth – appointed 22 May 2025. St Mary’s Millennium Centre is run by a Board of Trustees who are responsible for setting the strategic direction and overarching objectives for the centre, establishing policy and maintaining an effective and proper overall governance of the organisation. The procedures for the appointment, retirement and removal of trustees are set out in the Articles. However, the board delegate responsibility for the day-to-day operational management to the Centre Manager. The Trustees hold their meetings on a bi-monthly basis: January, March, May, July, September and November. A formal Annual General Meeting is held before the start of our July meeting. ## **Related parties** None of the trustees receive remuneration or other benefit from their work with the charity and any contractual relationship with a related party must be disclosed to the full board of trustees. In the current year no such related party transactions were reported. ## **Risk management** The trustees have a risk management strategy which comprises: an annual review of the principal risks and uncertainties that the charity faces; the establishment of policies, systems and procedures to mitigate those risks identified in the annual review; and the implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise. Financial sustainability is the major financial risk for the charity. A key element in the management of financial risk is a regular review of available liquid funds to settle debts as they fall due and active management of trade debtors and creditor balances to ensure sufficient working capital is available. Attention has also been focussed on non-financial risks arising from fire, health and safety and hygiene. These risks are managed by ensuring procedures and accreditations are up to date, having robust policies and procedures in place, and regular awareness training for staff and volunteers operating in these operational areas. Company Number: 03559818 ## **THE ST. MARY’S MILLENNIUM CENTRE LIVERPOOL LIMITED** ## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2024** ## Page 4 ## **Trustees’ responsibilities in relation to the financial statements** The charity trustees (who are also the directors of the company for the purposes of company law) are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires that the charity 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 company and of its income and expenditure for the period. In preparing the financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and 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 presume that the charitable company will continue on that basis. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. By order of the board of trustees ## **D F Blythe – Trustee** ## **1 September 2025** Company Number: 03559818 **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE ST. MARYS MILLENNIUM CENTRE LIVERPOOL LIMITED** Page 5 I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 December 2024 which are set out on pages 6 to 10. This report is made to the charity’s trustees, as a body, in accordance with the terms of the engagement. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charitable company and the trustees, as a body, for my work or for this report. ## **Responsibilities and basis of report** As the charity’s trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (the ‘2011’ Act). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner’s report** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: - 1) accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or - 2) the accounts do not accord with those accounting records; or - 3) the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or - 4) the accounts have not been prepared in accordance with the methods and principles of Accounting and Reporting by Charities: Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. **Keith J Miller FCA Monetta LLP - Chartered Accountants** 110-114 Duke Street Liverpool L1 5AG ## **9 September 2025** Company Number: 03559818 ## **THE ST. MARYS MILLENNIUM CENTRE LIVERPOOL LIMITED** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2024** ||**STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)**
| |---|---| ||**FOR THE YEAR ENDED 31 DECEMBER 2024**
Page 6
Restricted Unrestricted**Total Funds**Total Funds
Funds Funds
**31.12.24**
31.12.23
£ £**£**£
**INCOME:**
UK rents, letting fees & charges - 103,077
**103,077**86,167
Donations & fundraising 53,922 2,880**56,802**45,559
Investment income: UK interest receivable - 3,199 **3,199**2,528
**TOTAL INCOME**53,922 109,156**163,078**134,254
**EXPENDITURE:**
Charitable activities – operation and
maintenance of centre 57,104 91,445
**148,549**122,686
Governance costs - accountancy & reporting - 1,823
**1,823**660
**TOTAL EXPENDITURE**57,104 93,268
**150,372**
123,346| ||**NET (EXPENDITURE)/INCOME**
**BEFORE TRANSFERS** (3,182)15,888**12,706**10,908| ||**Gross Transfers between funds**(Note 6) (20,062) 20,062**-**-| ||**NET MOVEMENT IN FUNDS FOR YEAR** (23,244)35,950**12,706**10,908| ||**RECONCILIATION OF FUNDS**
TOTAL FUNDS BROUGHT FORWARD 319,543 119,866**439,409**428,501| ||**TOTAL FUNDS CARRIED FORWARD**296,299 155,816**452,115**439,409| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities. Company Number: 03559818 ## **THE ST. MARYS MILLENNIUM CENTRE LIVERPOOL LIMITED** ## **BALANCE SHEET 31 DECEMBER 2024** Page 7 |Notes
**FIXED ASSETS**
Tangible assets
3
**CURRENT ASSETS**
Debtors
4
Investments - UK - COIF Charities Deposit Fund
Cash at bank and in hand
**LIABILITIES**
Creditors falling due within one year
5
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**THE FUNDS OF THE CHARITY**
Restricted income funds
6
Unrestricted income funds
**TOTAL CHARITY FUNDS**|**31.12.24**
**£**
**9,021**
**58,686**
**125,387**
**193,094**
**35,863**|
**£**
**294,884**
**157,231**
**452,115**
**296,299**
**155,816**
**452,115**|31.12.23
£
12,098
55,826
58,863
126,787
4,276|
£
316,898
122,511| |---|---|---|---|---| |||||439,409| |||||319,543
119,866| |||||439,409| The charitable company was entitled to exemption from an audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024. The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to the members of the company. The financial statements were approved by the Board of Trustees and authorised for issue on 1 September 2025 and were signed on its behalf by: ## **D F Blythe – Trustee** Company Number: 03559818 **THE ST. MARYS MILLENNIUM CENTRE LIVERPOOL LIMITED** **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** Page 8 ## 1. **ACCOUNTING POLICIES** The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: ## **Basis of preparation** 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 and Republic of Ireland (FRS 102) effective 1 January 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The St. Marys Millennium Centre Liverpool 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 note(s). ## **Preparation of the accounts on a going concern basis** The charity reported net income of £12,706 for the year. The trustees are of the view that the charity holds sufficient reserves to secure the immediate future of the charity for at least the next 12 months and on that basis the charity is a going concern. ## **Fund accounting** Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Restricted funds are grants and donations which the donors have specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity. ## **Income recognition** Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income received in advance of the fulfilment of a booking or provision of other specified service is deferred until the criteria for income recognition are met. Income from grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably. Restricted grants towards the cost of fixed assets are recognised in the statement of financial activities upon receipt and are reduced by an annual transfer of an amount equivalent to the depreciation charged. The value of services provided by volunteers has not been included in these accounts. Interest on funds held on deposit and lettings income is included when receivable and the amount can be measured reliably by the charity. ## **Expenditure recognition and irrecoverable VAT** Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and, the amount of the obligation can be measured reliably. Expenditure includes any VAT which cannot be recovered and is reported as part of the expenditure to which it relates. ## **Fixed assets** Fixed assets are capitalised at cost and are depreciated over their estimated useful economic lives on a straight-line basis as follows: Long leasehold property - over 40 years, Equipment - over 8 to 10 years. ## 2. ## **STAFF COSTS, TRUSTEE REMUNERATION AND STAFF NUMBERS** |**FF COSTS, TRUSTEE REMUNERATION AND STAFF NUMBERS**|| |---|---| |**31.12.2024**|31.12.2023| |**£**|£| |Salaries and wages (No employee had employee benefits in excess of £60,000)**47,156**|41,751| |Social security costs (Employers National Insurance)**-**|-| |Pension costs – defined contribution schemes**543**|448| |**47,699**|42,199| The average monthly head count was 5 staff (2023: 6) involved in centre management and caretaking. The trustees were not paid neither were they reimbursed expenses nor did any trustee receive payment for services supplied to the charity (2023: nil). Company Number: 03559818 ## **THE ST. MARYS MILLENNIUM CENTRE LIVERPOOL LIMITED** ## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** Page 9 ## 3. **TANGIBLE FIXED ASSETS** |**Leasehold**
**land &** **buildings**
**Equipment**
**£**
**£**
**COST**
As at 1 January 2024
**712,065 57,270**
Additions
**-**
**-**
As at 31 December 2024
**712,065**
**57,270**
**DEPRECIATION**
As at 1 January 2024
**411,753**
**40,684**
Charge for year
**17,802**
**4,212**
As at 31 December 2024
**429,555**
**44,896**
**NET BOOK VALUE**
As at 31 December 2024
**282,510**
**12,374**
As at 31 December 2023

4.
**DEBTORS**
**31.12.24**

**£**
Trade debtors
**6,137**
Prepayments, accrued income and other debtors
**2,884**
**9,021**
5.
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**31.12.24**

**£**
Taxation and social security costs
**621**
Accruals, deferred income and other creditors
**35,242**
**35,863**
300,312
16,586|**Totals**
**£**
**769,335**
**-**
**769,335**
**452,437**
**22,014**
**474,451**
**294,884**

31.12.23
£
3,380
8,718
12,098
31.12.23
£
609
3,667
4,276
316,898| |---|---| Deferred income at the start of the period was nil, deferred income at the end of the period totalled £29,298. Company Number: 03559818 ## **THE ST. MARYS MILLENNIUM CENTRE LIVERPOOL LIMITED** ## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** Page 10 ## 6. **ANALYSIS OF MOVEMENTS IN RESTRICTED FUNDS** ||**Funds at**|**Income**|**Expenditure**|**Depreciation**|**Funds at**|| |---|---|---|---|---|---|---| ||**1 January 2024**|||**Transfers**|**31 December**|**2024**| |Building funding:||||||| |Big Lottery Fund|148,929|-|-|8,855|140,074|| |West Derby Village Hall|100,874|-|-|5,929|94,945|| |Public appeals|47,674|-|-|2,892|44,782|| |Other funding:||||||| |Defibrillator public appeals|566|-|-|-||566| |Hearing Loop|130|-|-|130||-| |Community cinema|9,022|-|-|2,256||6,766| |Kitchen equipment|517|-|-|-||517| |Energy efficiency/costs|-|3,500|3,500|-||-| |Millennium pantry funding|6,950|31,524|32,514|-||5,960| |Front Door|-|14,000|14,000|-||-| |Car park funding|631|-|-|-||631| |Menopause and wellbeing|350|2,000|2,350|-||-| |Social/warm Hub|3,400|2,898|4,240|-||2,058| |D-Day celebrations|500|-|500|-||-| |**Totals**|**£319,543**|**£53,922**|**£57,104**|**£20,062**|**£296,299**|| ## 7. **ANALYSIS OF NET ASSETS BETWEEN FUNDS** ||**Unrestricted Funds**|**Restricted Funds**|**Total Funds**| |---|---|---|---| |Tangible fixed assets|8,317|286,567|294,884| |Investments|58,686|-|58,686| |Other current assets|124,676|9,732|134,408| |Creditors|(35,863)|-|(35,863)| |**Net assets at year end**|**£155,816**|**£296,299**|**£452,115**| ## 8. **CONTINGENT LIABILITIES** Under the terms of the grant funding agreements, The Big Lottery Fund holds legal charges over the charity’s property and assets as security for the grants it provided towards the funding of the property and equipment asset acquisitions in previous years. These grants could become repayable in the event of a default by the charity under the terms and conditions of the grant funding agreements. The trustees are unaware of any such events of default. ## 9. **LEGAL STATUS OF THE CHARITY** The St. Marys Millennium Centre Limited is a charitable company limited by guarantee and has no share capital. It is registered in England and Wales. The company’s registered no.and registered office address can be found on page 1. ## 10. **TAXATION** The charity is exempt from tax on income and gains to the extent that these are applied to its charitable objects. ## 11. **FRC ETHICAL STANDARD – PROVISIONS AVAILABLE FOR SMALL ENTITIES** In common with many other charities of our size and nature we use our Independent Examiner to assist with the preparation of our financial statements. Company Number: 03559818 ## **THE ST. MARYS MILLENNIUM CENTRE LIVERPOOL LIMITED** ## **DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024** Page 11 |**Income:**
UK rents, letting fees & charges
Donations and fundraising
Interest receivable
**Expenditure:**
Rates, water & service charges
Light, heat and power
Salaries, wages and NIC
Employer pension contributions
Telephone and communications
Insurances
Repairs, cleaning, defibrillators & maintenance
Sundry expenses
Postage, stationery and adverts
Independent examination and accountancy
Professional fees
Statutory filing fees
Payroll administration
Bank charges
Activities & events
Interest on employment taxes
**Depreciation**
Property
Equipment
**Net income**|**31.12.24**
**£**
**£**
**103,077**
**56,802**
**3,199**
**163,078**
**1,202**
**17,993**
**47,156**
**543**
**879**
**3,050**
**26,550**
**1,434**
**531**
**1,823**
**5,525**
**-**
**360**
**214**
**21,085**
**13**
**128,358**
**34,720**
**17,802**
**4,212**
**22,014**
**12,706**|31.12.23
£
£

86,167
45,559
2,528
134,254
1,057
18,285
41,751
448
725
2,982
26,027
524
110
660
2,219
13
360
311
5,641
47
101,160
33,094
17,802
4,384
22,186
10,908|£

86,167
45,559
2,528| |---|---|---|---| ||||33,094
22,186| ||||10,908|