2021-03-31-accounts

Contents
	Page
Legal and administrative information	3
Trustees report	4−5
independent examiners' report	6
Statement of financial activities	7
Balance sheet	8
Notes to the financial statements	9−31

Charity number	1072349
Company registration number	3470237
Business address	2 Speke Road
	Garston
	Merseyside
	L19 2PA
Registered office	Community House
	Garston
	Merseyside
	L19 2PA
Trustees	Jean Wharton
	Caryn Marie Matthews
	Linda Farrelly
	David Hunt
	Laura Anderson
	Jaqueline Williams
	Susan Oshikanlu
	Heather Jessop
Accountants	Loughrey & Co
	38 Market Street
	Hoylake
	Wirral
	CH47 2AF
Bankers	Unity Trust Bank
	4 The Square
	111 Broad Street
	Birmingham
	815 1AR

	to
	oZ
	a)0c.43	Restricted Unrestricted income					Endowment				Prior year
Recommended categories by activity	c(9		funds E		funds E		funds E	Total funds E				funds E
Income (Note 3)			F01		F02		F03	F04				F05
Income and endowments from:
Donations and legacies	SO1
				−		−
Charitable activities	SO2		33,672			−	_ −	33,672				32,130
Other trading activities	SO3
						−
Investments	SO4			2		−	_ −			2			7
Separate material item of income	SO5
Covid Grants	SOS		7,756			−	−	7,756					_
Total	SO7		41,430			−	−	41,430				32,137
Expenditure (Notes 6)
Expenditure on:
Raising funds	SO8
Charitable activities	SO9		29,407		11,770		_ −	41,177				37,061
Separate material expense item	S10
Other	S11
Total	S12		29,407		11,770 '		_ −	41,177				37,061
Net income/(expenditure) before tax for
the reporting period	S13		12,023 −		11,770		−		**253 **		−	4,924
Tax payable	S14									−
Net income/(expenditure) after tax
before investment gains/(losses)	S15		12,023 −		11,770		−		**253 **		−	4,924
Net gains/(losses) on
investments	S16
							−
Net income/(expenditure)	S17		12,023 −		11,770		−		**253 **		−	4,924
Extraordinary items	S18						_
Transfers between funds	519			−
Other recognised gains/(losses):							_
Gains and losses on revaluation of fixed assets for the
charity's own use	S20
Other gains/(losses)	S21						_
Net movement in funds	S22		12,023 −		11,770		_ −		**253 **		−	4,924
Reconciliation of
funds:
Total funds brought forward	S23	−	7,982		371,274		−	363,292				368,216
Total funds carried forward	S24		4,041		359,504		−	363,545				363,292		,

			Note
			Guidance		Restricted
				Unrestricted	income	Endowment	Total this	Total last
				funds	funds	funds	year	year
				E	E	E	E	E
Fixed assets				F01	F02	F03	F04	F05
Intangible assets			B01
Tangible assets	(Note 10)		802		339,368		339,368	351,138
Heritage assets			803
Investments			604
	Total fixed assets		B05		339,368		339,368	351,138
Current assets
Stocks			606
Debtors	(Note 11)		B07
Investments			608
Cash at bank and in hand (Note 14)			809	4,821	20,136	−	24,957	13,246
	Total current assets		810	4,821	20,136	−	24,957	13,246
**Creditors: amounts falling **		due within
one year (Note 12)			611	780	−	−	780	1,092
Net current assets/(liabilities)			612	4,041	20,136		24,177	12,154
Total assets less current liabilities			613	4,041	359,504	−−	363,545	363,292
**Creditors: amounts falling **		due after
one year	(Note 12)		814
Provisions for liabilities			815
Total net assets or	liabilities		616	4,041	359,504	−	363,545	363,292
Funds of the Charity
Endowment funds (Note 15)			B17
Restricted income	funds (Note 15)		818		359,504		359,504	371,274
**Unrestricted funds **	(Note 15)		819	4,041			4,041	7,982
Revaluation reserve			820
Fair value reserve			821
		Total funds	822	4,041 J	359,504		363,545	363,292

(i) the nature of any changes;	Not Applicable
00 the effect of the change on income and expense or assets and liabilities for the current period; and	Not Applicable
(iii) where practicable, the effect of the change in one or
more future periods.
	Not Applicable
1.5 Material prior year errors
No material prior ear error have been identified in the reporting period (3.47 FRS102 SORP). i
Yes* yf
No −Tick as appropriate
Please disclose:
(0 the nature of the prior period error;	Not Applicable
(ii) for each prior period presented in the accounts, the
amount ofthe correction for each account line item
affected; and
	Not Applicable
(iii) the amount of the correction at the beginning of the
earliest prior period presented in the accounts.
	Not Applicable

	S e c t i o n C	Notes t o t h e a c c o u n t s	(cont)
Note 2		Accounting policies
2.1 INCOME
Recognition o	f income	These are included in the Statement of Financial Activities (SoFA) when:
		• the charity becomes entitled to the resources;
		• it is more likely than not that the trustees will receive the resources;	Yes*	No	N/a*
		• the monetary value can be measured with sufficient reliability.	Vt
Offsetting		There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.	Yes"	No*	N/a*
Grants and donations		Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).	Yes*	No	N/a*
		In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant	Yes*	No*	.N/a*
		only occurs when the performance related conditions are met (5.16 FRS 102 SORP).	V.
		Legacies are included in the SOFA when receipt is probable, that is, when there has
Legacies		been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met	Yes *1 **	_No_ v*	N/a*
Government grants		The charity has received government grants in the reporting period	Yes*	No*	N/a*
		Gift Aid receivable is included in income when there is a valid declaration from the donor.
Tax reclaims on		Any Gift Aid amount recovered on a donation is considered to be part of that gift and is	Yes*	NOV	N/a*
donations and gifts		treated as an addition to the same fund as the initial donation unless the donor or the
		terms of the appeal have specified otherwise.
_Contractual income_and performance related		This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions.	Yes*	No*	N/a*
grants
			Yes"	No*	N/a*
Donated goods		Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.
		The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of_those_gifts at_the time_of their receipt and they are recognised_on_ receipt.	Yes*	No*	N/a*
		In the reporting period in which the stocks are distributed, they are recognised as an
		expense at the carrying amount of the stocks at distribution.
		Donated goods for resale are_measured at fair_value on initial recognition, which is the
		expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities with the corresponding stock recognised in the balance	Yes*	No*	Nia*
		sheet. On its sale the value of stock is charged against 'Income from other trading
		activities' and the proceeds from sale are also recognised as 'Income from other trading
		activities'.
		Goods donated for on−going use by the charity are recognised as tangible fixed assets	Yes*	No*	N/a*
		and included in the SoFA as incoming resources when receivable.
		Gifts in kind for use by the charity are included in the SoFA as income from donations	Yes*	No*	N/a*
		when receivable.
Donated services and facilities		Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably.	Yes*	No	N/a*
		Donated services and facilities that are consumed immediately are recognised as income	Yes*	No*	N/a*
		with an equivalent amount recognised as an expense under the appropriate heading in
		the SOFA.
			Yes*	No*	N/a*
Support costs		The charity has incurred expenditure on support costs.		V.	Vt
Volunteer help		The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report.	Yes*	No*	N/a*
Income from interest.		This is included in the accounts when receipt is probable and the amount receivable can	Yes*	No*	N/a*

Income from membership	Membership subscriptions received in the nature of a gift are recognised in Donations	Yes*	No*	N/a*
subscriptions	and Legacies.
	Membership subscriptions which gives a member the right to buy services or other	Yes*	No*	N/a*
	benefits are recognised as income earned from the provision of goods and services as
	income from charitable activities.
Settlement of insurance claims	Insurance claims are only included in the SoFA when the general income recognition . criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA.	Yes*	No*	N/a*
Investment gains and losses	This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the	Yes*	No*	N/a*
	year.
**2.2 EXPENDITURE **	AND LIABILITIES
Liability recognition	Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.	Yes* ,/	No*	N/a*
Governance and support costs	Support costs have been allocated between governance costs and other support Governance costs comprise all costs involving public accountability of the charity and its	Yes*	No*	N/a*
	compliance with regulation and good practice.			,/
	Support costs include central functions and have been allocated to activity cost
	categories on a basis consistent with the use of resources, eg allocating property costs	Yes*	No*	N/a"
	by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Grants with performance	Where the charity gives a grant with conditions for its payment being a specific level of
conditions	service or output to be provided, such grants are only recognised in the SoFA once the	Yes*	No*	N/a*
	recipient of the grant has provided the specified service or output
Grants payable without	Where there are no conditions attaching to the grant that enables the donor charity to
performance conditions	realistically avoid the commitment, a liability for the full funding obligation must be	Yes*	No*	N/a*
	'recognised.
Redundancy cost	The charity made no redundancy payments during the reporting period.	Yes* V	No*	N/a*
Deferred income	No material item of deferred income has been included in the accounts.	Yes*	No*	N/a*
		,/
Creditors	The charity has creditors which are measured at settlement amounts less any trade discounts	Yes*	No*	N/a*
Provisions for liabilities	A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the	Yes*	No*	N/a*
	reporting date
Basic financial Instruments	The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP.	Yes*	No*	N/a*
2.3 ASSETS
Tangible fixed assets for use by charity	These are capitalised if they can be used for more than one year, and cost at least	£500 Yes*	No*	N/a*
	They are valued at cost.
	The depreciation rates and methods used are disclosed in note 14.
Intangible fixed assets	The charity has intangible fixed assets, that is, non−monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody	Yes*	No*	N/a*
	or legal rights. The amortisation rates and methods used are disclosed in note 15.
	They are valued at cost	Yes*	No*	N/a*
Heritage assets	The charity has heritage assets, that is, non−monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation	Yes*	No*	N/a*
	rates and methods used as disclosed in note 16.
		Yes*	No*	N/a*
	They are valued at cost.
	Fixed asset investments in quoted shares, traded bonds and similar investments are
Investments	valued at initially at cost and subsequently at fair value (their market value) at the year end. The sametreatrnentis applied−to unlisted investments unless fair value cannot be	Yes*	No*	N/a*
	measured reliably in which case it is measured at cost less impairment
	Investments held for resale or pending their sale and cash and cash equivalents with a	Yes*	No*	N/a*

	maturity date of less than 1 year are treated as current_asset investments_
Stocks and work In	Stocks held for sale as part of non−charitable trade are measured at the lower or cost or
progress	net realisable value.
	Goods or services provided as part of a charitable activity are measured at net realisable
	value based on _the service_potential provided by items of stock.
	Work in progress is valued at cost less any foreseeable loss that is likely to occur on the
	contract.
	Debtors (including trade debtors and loans receivable) are measured on initial
Debtors	recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to
	be received.
	The charity has investments which it holds for resale_or_ pending their sale and cash and
**Current asset investments **	cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with amaturity of loss than one year held for investment purposes
	rather than to meet short−term cash commitments as they fall due.
	They are valued at fair value except where they q u a * as basic financial instruments.
POLICIES ADOPTED
ADDITIONAL TO OR DIFFERENT FROM	Not Applicable
THOSE ABOVE

Yes*	No*	N/a*
		V
Yes*	No*	N/a*
		V
Yes*	No*	N/a*
		V
Yes*	No	N/a*
Yes*	No*	N/a*
Yes*	No*	N/a*

Note 3	Income
				Restricted
	Analysis of income		Unrestricted funds	income funds	Endowment funds	Total funds	Prior year
Donations	Donations and gifts				−
and legacies:	Gift Aid			−	−
	Legacies				−
	Covid Grants (JRS)		7,756	−	−	7,756	−
	Membership subscriptions and sponsorships
	which are in substance donations
	Donated goods, facilities and services			.	_ −
	Other			−	−
		Total	7,756	..	−	7,756
Charitable
activities:	Rental Income		33,672	−	−	33,672	32,130
				.
	Other			−	_ −
		Total	33,672	−	−	33,672	32,130
Other trading
activities:
	Other
		Total
Income from	Interest income		2	−	−	2	7
investments:	Dividend income		−	−	−	−	−
	Rental and leasing income		−	−	−	−	−
	Other		−		−		−
		Total	2	−	−	2	7
Separate
material item
of income
		Total
Other:	Conversion of endowment funds into income
			−	−		−
	Gain on disposal of a tangible fixed asset				___
	held for charity's own use		−	−	−	−	−
	Gain on disposal of a programme related
	investment		−	−	−	−	−
	Royalties from the exploitation of intellectual
	property rights		−	−	−	−	−
	Other		−	−	−	−	−
		Total
			._.		_	_	_
TOTAL INCOME			41,430			41,430	32,137
Other information:
All income in the prior year was unrestricted exceptfor: (please provide description and amounts)				Not Applicable
Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion.				Not Applicable
Within the income items above the following items are
material: (please disclose the nature, amount and any prior				Not Applicable
yearamounts)
Where sums originally denominated in foreign currency		have
been included in income, explain the basis on which those sums have been translated into sterling (or the currency in				Not Applicable
which the accounts are drawn up).

Note 5 Donated goods, facilities and services	Note 5 Donated goods, facilities and services
		This year	Last year
Seconded staff
Use of property
Other
Please provide details of the
accounting policy for the recognition and valuation of donated goods,	Not Applicable
facilities and services.
Please provide details of any
unfulfilled conditions and other
contingencies attaching to resources	Not Applicable
from donated goods and services not
recognised in income.
Please give details of other forms of
other donated goods and services not recognised in the accounts, eg	Not Applicable
contribution of unpaid volunteers.

Section C	**Notes to the **	accounts			(cont)	(cont)
Note 6	Expenditure
			Restricted
	Analysis of expenditure	Unrestricted funds	income funds	Endowment funds	Total funds	Prior year
Expenditure on	Building Administration Costs
charitable activities	Staff Costs	11,228	−	−	11,228		11,232
	Light and Heat	2,775			2,775		5,696
	Insurance	1,720			1,720		1,637
	Rates and Water Charges	1,666	−	−	1,666		2,056
	Repairs and Maintenance	9,789	−	−	9,789		2,866
	Legal & Professional Fees
		−	−	−	−		−
	Bookkeeping	660	−	−	660		360
	Accountancy Fees	840	−	−	840		720
	Bank Charges	108	−	−	108		133
	General Expenses	201			201		183
	Telephone & Internet	420	−	−	420		394
	Depreciation and Impairment	−	11,770	−	11,770		11,784
	Total expenditure on charitable activities	29,407	11,770	−	41,177		37,061
TOTAL EXPENDITURE		29,407	11,770		41,177		37,061

Please explain the nature of each extraordinary item occurring in the period.	Please explain the nature of each extraordinary item occurring in the period.
		This year	Last year
	Description
Extraordinary item 1	Not Applicable
Extraordinary item 2	Not Applicable
Extraordinary item 3	Not Applicable
Extraordinary item 4	Not Applicable
Total extraordinary items

This year	Last year
£	£
840	720

9.1 Staff Costs
				This year				Last year
					£				£
Salaries and wages						11,228			11,232
Social security costs									_
Pension costs (defined contribution pension plan)
Other employee benefits
		Total staff	costs			11,228			11,232
Please provide details o f expenditure on staff working for the							Not Applicable
**charity whose contracts are with and are paid by **		a related party
Please give details o f the number o femployees whose total			employee benefits			(excluding employer
pension costs) fell within each band o f	£10,000 from 030,000 upwards.			I f there		are		no such transactions,
please enter 'true' in the box provided.
No employees received employee benefits (excluding employer
**pension costs) for the reporting period **	o f more than £60,000						Not Applicable
Band			Number o f employees
£60,000 to £69,999				0
£70,000 to £79,999				0
£80,000 to £89,999				0
£90,000 to £99,999				0
£100,000 to £109,999				0
Please provide the total amount paid to
key management personnel (includes
trustees and senior management) for				NIL
their services to the charity. For
specific amounts paid to trustees, see
Note 28.
9.2 Average head count in the year				This year Number				Last year Number
The parts o f the charity in which the
employees work	Building Administration							2	2
								_	.
			Total					2	2
**9.3 Ex−gratia payments to employees and others (excluding **			trustees)
Please complete if an ex−gratia payment is made.
Please explain the nature of the
payment			Not	Applicable
Please state the legal authority or
reason for making the payment			Not	Applicable
Please state the amount o f the payment
(or value of any waiver o f a right to an asset)			Not	Applicable
9.4 Redundancy payments
Please complete i f a n y redundancy o r termination payment			is made in	the period.
Total amount o fpayment			Not	Applicable
The nature o f the payment (cash, asset
etc.)			Not	Applicable
Thb−eictenrof redundancy funding at the balance sheet date	1		Not	Applicable
Please state the accounting policy for
any redundancy ortermination			Not	Applicable
payments

10.1 Cost or	v	aluation
			**Freehold **	land	Other land &	Computer	Fixtures,	Total
			& buildings		buildings	equipment	fittings and
							equipment
			£		£	£	£	£
At the beginning of			584,308		−	25,371	16,709	626,388
the year
Additions				−		−	−	−
					_
Revaluations
Disposals
Transfers *
At end of the	year		584,308		−	25,371	16,709	626,388
**10.2 Depreciation and **			impairments
	**Basis				SL or RB			SL or RB	Straight
									Line ("SL")
			SL			SL	RB		or Reducing
									Balance
									("RB")
		** Rate	2%			20%	15%
At beginning	of the		233,728		−	25,371	16,151	275,250
year
Disposals
					_
Depreciation			11,686		−	−	84	11,770
Impairment						−
					_
Transfers*
					_
At end of the	year		245,414		−	25,371	16,235	287,020
10.3 Net book		value
Net book value		at the	350,580		−	−	558	351,138
beginning of the year
Net book value		at the	338,894		−	−	474	339,368
end of the year

		This year		Last year
		£		£
Trade debtors			0		0
Prepayments and accrued income			−		−
Other debtors			−		−
	Total		0		0

11.2 Disclosure of debtors recoverable in more t	**han 1 year (included in **	debtors ab	ov	e)
		This year		Last year
		£		£
Trade debtors			−
Prepayments and accrued income
Other debtors			−
	Total
				_

	**Amounts **	falling due	Amounts falling due after	Amounts falling due after
	within one year		**more than **	one year
	This year	Last year	This year	Last year
	£	£	£	£
	−	87	−	−
	780	1,005	−	−
Total	780	1,092	−	−

**Section **	C	Notes to the accounts	(cont)	(cont)
Note 14	Cash at bank and in hand
			This year	Last year
			£	£
Short term cash investments (less than 3 months maturity date)			−	−
Short term deposits
**Cash at **	bank and on hand		24,957	13,246
Other
Total			24,957	13,246

z								(*)	M"		"		c
ICapital IGeneral Fund c * 1:1**	11) c5))	Fund Fund names • • C D CJ C o M 77 7' `g•• r k ) C D − O. .4 0− =				(r4 ro a	D tx, c 9,,	D I o	m41 •	:4"4. C		. ‹ 11) cl a	X C Type Rot • 4 e •••i cp cbl(?) oR.	PE, UR • .$1*		EE	This represents This is the Purpose m Fo4 o ' −to < 11.1 CD MN g ju z	operating • −E. a. CD ...a C		• . 1 • . CD Z.	C D	the and Q. Ca o ••••	fixed aset of the fund of the charity Restrictions o to CD coa scr, m < QQ. 5 ca 0 C 73 el 's• Cn • 4 2 (7				−	383,058 14,842 Fund balances brought forward	.		Income	G3	N.)	−a.	(.4	−−.1	LT − Expenditure	11,784 25,77	I		Transfers		Gains	losses	and		−7	4•3 Fund balances carried forward	V	−a −N3 7,982		4	I
Other figure)		funds			(balancing								Z co				Zir Ifor their replacment charity together					with	or any	refubishment. monies	raised			r368,216	. . . . .,..._. I .			32,137			I 111111111		−	37,061	s III III I	I		II 11111111111				11 1111111111		Oa	03	(*) −IQ	III III I CD '	IQ
																												_.	..11Mar	Yes*								No 'S*		.......

			Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value
			This year				Last year
	Legal authority (eg	Remuneration	Pension	Redundancy	Other	TOTAL
Name of trustee	order, governing		contribution	(including
	document)			loss of office)/ex
				gratia
		£	£	£	£	£	£
Please give details of why remuneration or other
employment benefits were paid.

**No trustee expenses have **	been incurred (True or False)				TRUE
	Type ofexpenses reimbursed			This year	Last year
				£	£
Travel
Subsistence
Accommodation
OttieTcplease specify):		—
			TOTAL

				Amounts
Name of the trustee or related party Relationship to charity Description of the transaction(s)	Amount	Balance at period end	Provision for bad debts at period end	written off during reporting
				period
	£	£	£	£
In relation to the transactions above, please provide the
terms and conditions, including any security and the
nature of any payment (consideration) to be provided in
settlement.