Belle VAle Commiinity Centre Limited ( f oJnp&ny lin)iled by guarantttl Unaiidited FinAncial Statements 31 March 2022 Registered Charity Number . 1073941 Company Niimber . 0323%982 HAILWOOD & CO CHARTERED ACCOUNTANTS
Belle IIAle Commiinity Centre Limited (a company limited by guarantee) Unaudited Financial Statenjents for the year ended 31 March 2022 CONTENTS Page Organisation information Trustees, report 2to3 Stalement of iruslees, responsibililies Independent examiner's report Summary income and expenditure account Statement of financial activities Balance sheet Notes to the financial statements 910 15
Belle Vale c.ommunity Cenlre Limited (a eompAnv limited bv guarAnteel lJnaiidited Financial Statements for the year ended 31 March 2022 RegFlStered Charity Number '. 1073941 Company Number .' 0.1235982 Incorporated in England & Wales TRUSTEESIDIRECTORS Mr S Melia Ms H Thompson Mr R J Condon REGISTERED OFFICE Lee Valley Millennium Centre Childwall Valley Road Belle Vale Liverpool, Merseyside L25 2PR ACCOUNTANTS Hailwood & Co Chartered Accounlants 39?..394 Hoylake Road Morelon Wirral CH46 6DF
Belle Vale Community Centre Limited (a coJnpAny limited bv guarantee) Report of the Trustees For the year ended 31 March 2022 Thc trustCQs who ar¢ also dircctors of thc chariN. for thL pufposLS of thc CompaniLS Act 2006, prcsLnt their rcport witli the fiiia]Icial statcm¢nts for thc i'car ciid¢d 31 March 2022. T]Ic fiiia]Icial statcmciits havc b7 prcparcd in aceordancL' )5"ith tl)c accounting policics out in thL notcs to thL accoiinis and complN' witli Il)c chariti. s govcrning? docuiiicnt. the Charities Act 2011 and Accountingy ai)d R¢porting' b). Charitius.. StatLiiieni of Rccommcndcd PraciicL'. Tlie charity constitutes a public beiiefil entil}' as defined b). FRS102. Administratii'e inforn)alion is disclosed on pag)¢ l. STRUCTURE GOVERNANCE AND MANAGEMENT Governin2 document i¥ ch&?riti' is controllid bi. its goi'LmingTr dociimLnt. &1 d¥Ld of trnst. and constitutcs a liiiiitcd compan}.. IimitLd bi. b*uaranlLL, as (L.fincd b!, thL ConipwiiLs Act 2006. Recruitment and Appointment of new trustees ProspLCtiNL ¢lL Iruslcc's w'ill bL rLqLILsltsJ io subii)it LxprLssion of ii)tLrLsl al thL Anniial GLI)Lral MLLling. The Sliitiibilil. of Ilic prospLctiN'c triistccs M'ill bL considcrLd &il IliL ncit board mLLling folloii ingTr IhL Aniilial Giiicral MLLling bas¥d on th¥ rLl¥vwil skill SLt. Induction find trAining of new trustees If SULCLssfLII. Il)L l)Lll' TruslLLS arL indLlCtcd foniiall}' and issued w'ith copiLs of tliL ArticlLs of Association aiid Muiiiorandum. Risk m&nAgement )c tnistcL's h11¢ a dul). to idcniifi. and rL'vicii" thc risks lo i%'hicli thc charit}. is cNposcd and to cnsurc appropriaii controls arL in placL lo providL rias0tblL assuraJlCL winsl fraud wid Lrror. OBJECTIVES AND ACTIVITIES Objectives and aims )c objcciii'L of thc C1)aril. is to proi))otc tlic bciicfii of thc iiili&bit4711ts of tlic local and i%'idcr cominuiiil). I'thu arLa of bLI)Lfit'l i%'iil)out distinction of 5LX. sLxual oriLI)talioi). racu or of politictsl. rcligioiis or otlicr opinions bj. associating togctlicr thc said inhabitants w)d thc local authorilics. i'oluntan. and othLr orb>aiiisalioiis in a coii)mon Lffort to adwancL cducation. rLliLvc povcrtTr' and sicknlss aiid lo proi'id¥ facililiLS in thu inlirL'sls of social w'ilfarL for rL'crLalion and othur ILisurL'.tiiiie oc¢upalion ii".iili IhL objiyl of improi.ing Ihc condilioiis of lifL for thi said inhabitants. ie Cliarili. shall be non-parl!. in politics aiid iion-sectarian. Significant Activities IL Chariti's main aclii'it!" w'as to establisli. maintaiii aiid maiiage a Commuiiit! Centre, whether aloiie or in co-opcratioii i%'ith othcr pcrsons, local authoritiC5 or b(yJic5 in fiirthcraiicc of thcsc objccts. Iii ordcr to achicvc our statcd objcctivcs, th¢ Cciitrc co-ordinatcs thc follom'ing actii'itiC5 Cithcr 01) a dailTr' or w"ccklv basis". Thc provision of a local librarv scTh'icc, including acccss to thc intcrnct, for tlic local community.. This is proiidLxl dirLCtli' b). LivLrpool CilTr' Council, but facilitatLd in thL CLntrL". Th¢ Provision of Adult Education ¢lass¢s i'la th¢ Lal Authoriti. for m¢mb¢rs of th¢ Iwal commiinitN' to dcvclop their skills and cmplo!Incnt.
Belle Vale Community Centre Limited (a coJnpAny limited bv guarantee) Report of the Trustees For the year ended 31 March 2022 OBJECTIVES AND ACTIVITIES Significant activities (continued) Facilitating a social care service from wiihiii tlie C.eiitre. creating a secure and safe enl'ironment for vuln¢rable members of the Conmiunitv lo visit and seek help. Facilitating a raiigL of fitnbss and social elassLS Idanciiig, Zumba, kick boying) for mcmbcrs of the local communiti. to allLnd. keepingJ fit ai)d socialli.. FacilitatingF social cngFagvcmcnt clubs pcnsionLrs cllib , rcligiious gathcrings etc. Organisiiig path, ftinctions, birtlidas's. christcnings ctc. FacilitatingT social Li'Lnts promoliiig, hLalih!' LalingT aiid lifesti,les, e.b. Social Superniarkel and VallLTh' Commuiiil). Hub i< nd SPLcific 01)L off uN'Lnis. Iii facililaiing all of till abovL. ii.hilst thi C'LnlrL doL'S not spLcificalli' dLlivLr focus on Lnsuriiig ive m¥lilltaiii a iiclcoming and friLndl)' cnvironmLiit at thc lowLst possiblc rLnt to allow acccss for the iiidcr commuiiili,. W¢ lia%'L' r¢.fLrr¢d lo th¢ Cliarili, Commission's sicncral giiid¥incc on public bcn¢fit iihcii rL'iJi¥iiing our aims and obj¥¢tll'LS 4111d pl411111iiig, fiilur¥ aclii'itiLs. In particular, thc trustcL's considLr hoii, planncd actii'ili¥s i¥ill ¢oIilribul¥ lo Il)¥ aiins and obJ¥ctii'Ls thLI' l)ai¥ s¥t. ACHIEVEMENT AND PERFORMANCE Chfirilable actiwities Tli¥ C'¥i)Ir¥ lias ¢ontinuLxl lo run ii.'Lcklv activiliLs Ihroughoiil thc vLar. incliiding thc ii'LYklN' pLiisioiicrs lub i¥hich provid¥s acli%'iti¥s. advi¢¥" aiid support for old¥r p¥oplkn. ii l¥n%llils coiilinii¥ to prokidi k¢i' s¢n'i¢cs in linc i¥iili oiir obj¢ctlVQS (ind havo b.n siicckn'ssfiil in incr¥asingy Ili¥ nuiiibty'r of us¥rs aiid i isilors to Il)¥ C¥iilr¢'. WL liai'L IILld a iiumbLr of fun dai's tliroLigliout thu I'car ilhich hav¥ Ixxn v¢rv' ii'¢ll attcndLd b}. tli loctsl comiiiLinilN'. As M'LII as LnablingT USC lo work 01) collaboration with othL'r orga])isations. thL CVLnt5 proi'idL a i'LI)icle for promoiiiig IhL CLI)IrL. FINANCIAL REVIEW Reserve5 policy TIIL Stajidard rLsL'Th'Ls polic). is lo maiiitain liquid resources sufficient to support diL. Charit!. for tile folloii'iiig 12 moiiths of opcration. Igiioriiig amount5 duc from its siibsidi<lry' undcrt<ikiiig. thc C'h<iriti' had L76.111111 ii) uiirLStrictLd rLsLrvLs. which rLpfLsLiils around 7 moi)Ihs runniiig costs. ThL trustL'L coniiiiLIL to trn. to rclurii tl)L Cl)arit!' as a ii'holu iiilo surplus. ON BEHALF OF THE BOARD . R Conduii Imdy du. 2023. i 23pmi Mr R J Coiidon - DirlOr 10 Mai. 2023
Belle IIAle Commiinity Centre Limited (a company limited by guarantee) STATEMENT OF TRUSTEES, RESPONSJBILJTIES for the year ended 31 March 2022 The truslces {h0 are also dircclors of Belle Valc Com]IlLuiiIN. Cenlrc Litllilcd for the purposes of compaii!. lai¥) are rcsponsiblc for prcparii)g thc Truslccs, Ai)IlLial Rcport and Ihc fii)ancial siaici))ci)Is iii accordai)cc H'ill) applicablc law and Uniicd Kingjdoni Accounliiigj Standards (Uniled Kingjdom Gcncrall!, Acccptcd AccoLinling Praelicc). Companv laiv r¢quir¢s th¢ trust$ lo pr¢par¢ financial stalciiicnls for cach financial i'car, ii'hich 8ii'¢ a twc and fair i'icm, of lh¢ stal¢ of affairs of thc ¢hJrilJblc wmpan!, and of th¢ incoming rosoiirces and application of rcsourcos, including the iiicome aiid eipeiiditure. of the charitable companN' for ihal pcri(yJ. in prcparingp iliese fiiiaiicial sialcmcnts, Ihc trusiccs arc rcquircd to.. sclccl suilablc accoiinliiib policics and appli, Ihcin consislciiili.. obscrn'c th¢ iiictl)lS and priiiciplcs iii Ili¢ Cliarilics SORP 2111.) (FRS 1021: iiiakc jiidg>¢i))¢iils and oslimalcs Ihat arc roasoiiablc and pnidcnt: slal¢ i%hcil)¢r Jpplicablc UK acwunlingF slandards hai'¢ bccii folloi¥'¢d. 5ubjc(t Lo an). maIla] dcpartur¢s disclosed and ciplaiiicd in Ilic finai)cial slalcmcnis: prcparc ilic financial slalcmcnts on Ihc g>oing> conccni basis unless il is innppropriatc lo prcsumc Ihal Ihc charilablc companv i%'ill conliiiuc in opcralion. Th¢ Irlisls ar¢ also rcspoiisiblc (or kc¢pinTr adcqiialc ac¢ounting) r¢¢ords Ihat dis¢losc 1117 rcasonablc a¢¢urac!' al an!. lini¢ Iho Iiiiaii¢ial posilion of th¢ charilabl¢ ¢ompaiii' and oiiablc ilicin lo ¢nsur¢ Ihal Ilic financial slal¢iii¢nls coiiipl!. i¥iih ihc C'on)paiiics ACL 21111(). Tli•' arc also rcspoi)siblc for 5afcgTuardiiig ilic asscls of Lhc charitable coiiipunN' and l)cncc for iakii)g rcasonablc sieps for ilic prci'¢i)lion and dclcciioii ol. Irklud ai)d oilicr irrcg?iilarilics. In planning) OLir aclii'ilics for Ihc fvcar and fulurc N'cars. Ihc Tnislccs hai'c kcpl in mind Ihc Charili" Commission's guidancc on piibli¢ b¢n¢fit. Tli¢ ¢haril!' wiislilulcs a public bciicfil ¢nlilN' as dcfincd b)" FRS 102. The Trustces report has been prepared liai'ing thL-en advantagje of Ihe Small compwiies exeiiipiioii iii thc Companics Act 21101?.
Independent Examiner's Report to the members of Belle Vale Community Centre Limited (a company limited by guarantee) I rq)ort on thc fiiiancial statcmciils of Bcllc Vale Communit!. Ccntre Limiicd for thc }'ear cndcd 31 March 2022 Ivhich comprisc thc Summan. Incomc and Eipcnditiirc Accoiiiit, thc Statcii)cnt of Finaiicial Actii'itics, the Balance Sheet and related iioles. Respective responsibilities of the trusttts and examiner ic charity s tru51ccs arc rcsponsiblc for thc prcparalion of the accounts. nie InisLccs considcr that an alidit is not rcquircd for Iliis I'car undcr scclioii 14412) ol'ilic Charitics Aci 201 l aiid ilial ali iiidcpcndciil elainiiiatioii is nccdcd. l aiii qualificd lo undcrtakc Ihc cxaiiiinalion bi" bcing a qualified mcmbcr of thc Inslilulc of Chartcrcd Accountants in Eii&>land and Walcs, alihou&h this I'car Ihc cliaril! s incomc did iiol eicced £250.UUU. Hailliiigi sa11sfi m)'seif Ihal Ihe Charilv Is nol subject lo an audil w)der compan). la%%. and is eligjiblc for indcpciidenl cxaiiiinalion. il is mi, responsibilil lo,. Examinc Ihc accounts wider sc£lion 145 ofthc 201 l Acl. lo folloii, tlic pr(Kcdurcs laid down iii Ihc Gcncral Dircclions gil'cn b). Ilic Charilv Commissioncrs Liiidcr scclion 14ily}Ib) ofihc 2111 l Act): and io slalc wl)cihcr particular i))alicrs hai'c comc lo iii). allCI)lion. Bfisis of independent exAminers' report M!, cKaminalioii was carricd out in aOrdance ii'iih Ihc Gcncral Dircclions bTrjl'cn b). Ihc Cliaril}' C.ommissioncrs. An ciaiiiinalion ii)cludes a rci'icm. of il)c accouniing rccord5 kcpi bi. Ihc charit!. ai)d a conipari50n of il)c accounts prcSCliicd ii"'i(l) Ihosc rccords. li also incliidcs considcralion of ani. iii)Lisiial iicms or disclosiircs in ilic accoiinis. and scck.in ciplaiialioiis Iroi)) i'ou as Incmbcrs coiiccri)iiigi aiii, sucli iiiallcrs, Tli¢ proc¥durcs ui)d¥rlak¢ii do nol proi'id¢ all Ilic CN id¢i)¢¢ Ihal i¥'oiild bc rcqiiircd in an aiidil and. ¢ons¢quciiil)', no opinioii is gTrji'¢n as lo ii'hcih¢r Ih¢ ao[LnI5 pr¢s¢nl a 'Iruc and fair i'icii" and Ihc rcporl is liiiiilcd io iliosc iiiallcrs scl out in Ihc slaicinci)I bclow. Independent examiners, statement Iii coiiiicclion ii.iili mi. cKamiiialioii, iio mallcr lias comc lo MN. ollcnlion.. I l ) iihich giilcs mc rcasonablc causc to bclicN'c Il)at. li) ai)}. maicrial rcspccl. tlic rcquircmciils.. io kccp accountin&J rccords in accordancc willi StiOn 38() ofd)c Conipanics Aci 21111() . and io prcparc accounls M'liich accord iyith Ihc accounting records and lo compli, il'ith (hc accounling rcqiiircmcnls of scclion 39(? of Ihc Con)pani¢s Act 21111C? and ii'iih Ihc mcil)ods and principlcs of thc SLal¢iii¢nt of R¢wi))i)Iciid¢d Pra¢li¢¢.' A¢¢ounLinu? ai)d Rcportiiig bi. Charitics hai'¢ iiol b¢¢n iii¢t: or 12) lo iihicli. iii m!, opinioii. all¢ntion Should b¢ draii'n in order lo enable a proper und¢rslanding of die ac¢ounls lo bc r¢a¢li. Adam Frcncli B.Eng FCA Hailm'ood & Co Chartered Accountanls R¢gisl¢r¢d Auditors 30 Mai 2023 Mor¢lon. Wirral
Belle IIAle Commiinity Centre Limited (a company limited by guarantee) SUMTrIARY INCOME AND EXPENDITURE ACCOUNT for the year ended 31 March 2022 Note 2022 2021 Income 148,254 17,598 Tolal income 148.254 17,598 Expenditure Depreciation (102,640) (36.204) {85,344) {36,204) Nel income/(expenditure) for Ihe year io 9.410 (3.950) Movements in reserves are shown in note 9. None of the charity's activities were acquired or discontinued during the above two financial periods, There are no recognised gains and losses in the year ended 31 March 2023 or the year ended I l March 2022 other than the (deficil)Isurplu5 tor each year. Total income comprises £148,254 for unrestricted funds and £0 for restricted funds. detailed analysis of income by source is provided in the Stalement of Financial Activities. The summary income and expenditure account is derived from the statement of financial activities on page 7 which together with the notes to the accounts on pages 9 to 15, provides t.ull information on the movement during the year on all the t"unds.
Belle IIAle Commiinity Centre Limited (a company limited by guarantee) ST A TEMENT OF FINANCIAL AcfiviTIES for the year ended 31 March 2022 Unrestricted Funds Restricted Funds TotAI Funds 2022 Total Funds 2021 Note Infome from: Grants Donalioiis Charilable actii'ilics 24,3iO 5.1144 118.8C)O 5.044 18,8C)11 117.$98 Totnl inf ome 148.2$4 148.2%4 117.%98 Expenditure on: Chariiablc actii'ilics 11I2.()411 1().2114 1311.X44 121548 Totnl expenditure 102.640 36.204 138844 121.%48 Net incomin%/(out%oin%) resources before trAn5fers 45.()14 {3().21I41 ),4111 (i (J.sii) Transfers belween fund5 Net movement in funds 4.5.()14 13C).21HI ).4111 ReconciliAtion of funds: Tolal funds broubhi foThi"ard 2117.i87 1,324.31)4 112X..344 Tot*1 funds carried forward 253,201 1,080,603 I J33004 1,324,394
Belle Ilale Community Cenlre Limited (a Company limited by guarantee) BALANCE SHEET As At 31 MArch 2022 2022 2021 Nole Fixed Assets Tangible assets Investments 1.168,251 1.204,454 Ciirrent Assets Debtors Cash at bank and in hand 106.407 78,177 68.555 60,692 184.584 129.247 LiAbilities: C.reditors'.amounts falling due within one year Net ciirrent hssets (19,032) (9,308) 165,552 119,939 Net assets 1,333.804 1.324.394 The fiinds ofthe charity: Restricted funds Unrestricted funds 1,080,603 253.201 1,116.807 207,587 1,333,804 1,324,394 Tlicsc accounts havc bccn prcparcd in accordancc M'ith Ihc spccial provisions of part 15 of ilic C.ompanics Acl 2011C) r¢laling lo small compani¢s. For Ilic I'car cnded 31 March 21122 Ihc compan). ciiliilcd lo cxcmplion undcr scclion 477 of Ihc Coiiipanics Act 21111(> rclaliiibi lo small conipanics. Dircclors, rcsponsibililies.. Tlie mcmbers have iiol required the compartN' lo obtaiii ali audil of ils account5 for ihe )'ear in que5lioii in accordancc ii.ith scclion 476. Tiic directors acknom'lcdgjc thcir rcspoi)sibilitics for compl7ng Miih thc rcquirci))cnts of thc Act Miih rcspcct to accounting rccord5 and tlic prcparalioii ol'accounts. Tli¢ financial slalements on pages 6 10 15 I%.¢ approi"a b!, the Tnle¢S on 30 Mav 2023 and signed oil ils behaifbi.: R Ctsndon (May 30. 2023. 5 23pml Dire¢lor.' Mr R J Condon Coiiipan! Number . 03235982
Belle IIAle Commiinity Centre Limited (a company limited by guarantee) NOTES ON FINANCIAL STATETrIENTS for the year ended 31 March 2022 l Accoiinting policies and company slatus CompAiiy StAtIis The charity is a company limited by guarantee. The company has no share capital. The nature of ihe chaTIty's operations and principal activilies are disclosed in the Trustees Report. The company was incorporated in England. The regTiStered otfice is Lee Valley Millennium Centre, Childwall Valley Road, Belle Vale. Liverpool, L25 2PR. A summary of the more important accounting policies is set out below. Basis of accoiinting The financial statements have been prepared under the historical cost accounting rules. on a going concern basis, and in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document. the Charities Act 2011 and Accountinb and Reporting by Charities. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 (as updated through Update Bulletin I published on 2 February 2016). the Financial ReporlinL4 Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Acci 2011, the Companies Act 2006 and UK Generally Accepted Practice as it applies from l January 2015. The charity constitutes a public benefit entity as detined by FRS 102. In accordance with the provisions of the SORP FRS 102, as the charity qualifies as a "small charity" it is exempt from ihe requirement lo produce a cash flow slatement. Fijnd Accoiinting Restricted t.unds comprise funds which have been gyranted to be used for a specific purpose. and are therefore shown separately until Ihat purpose has been fulfilled. General funds comprise funds which represent accumulated surpluses and deficits in the Statement of Financial Activities, after transfers tolfrom the restricted funds. The purposes and uses of all funds are set out in note l O to the accounts. Income All donalions, sundry income and sales are recognised on a receivable basis. Expenditiire The cost headings comprise expenditure, including staff costs, directly attributable to the organisalion's activities. Fixed assels and depreciation Fixed assets are stated at cost and are depreciated over their useful economic lives at the following rates.. Freehold property ITnprovements to property All significant assets are reviewed annually for impainnent and provision made where considered necessary. 20/0 of Cost 20/0 ot Cost
io Belle Ilale Community Cenlre Limited (a Company limited by guarantee) INOTES ON FINANCIAL STATEMENTS for the year ended 31 MArch 2022 Unrestricted Fiinds Restricled Funds Totlll 2022 TotAI 2021 2 Income Rental income Grants received Insurance claims Room hire & functions Rental of equipment income Management charge 43,638 7,230 5,044 17.852 10,140 40.000 43.638 7,230 5,044 17.852 10.140 40,000 43,488 34,388 14.652 5,070 20,000 123.904 123.904 117.598 3 Charitable activities Salaries and related costs Staff pension costs Rates and water Insurance Light and heal Telephone Security and maintenance Hire of equiprnenl Sundry expenses Cleaning costs Accountancy fees Secretarial fees Bank charges V AT surcharges and penalties Printing, postage and stationery Bank interest Depreciation. land and buildings 49,318 814 10,242 5,695 23,587 3,597 7,383 49,319 814 10.242 5.695 23.587 3.597 7.383 47,484 752 8,476 3,421 1,658 9,036 1,891 1,891 1,722 53 53 97 60 60 369 36,204 36,204 36,204 102.640 36,204 138,845 121,548
Belle Ilale Community Cenlre Limited (a Company limited by guarantee) INOTES ON FINANCIAL STATEMENTS for the year ended 31 MArch 2022 4 Salaries and wages 2022 2021 Staff costs Wages and salaries Pension costs Employers, national insurance 49,319 814 47,484 752 50.133 Average number of staff during the year There were no employees earning a salary in excess of £60,000 in either year. S Fixed Asset liivestments Share5 in Group Undertaking Market VAliie 31 March 2022 £1 31 March 2021 £1 Net Book Valiie 31 March 2022 £1 31 March 2021 £1 The charity owns 100% of the shares of Lee Valley Tradinb Limited. The results for the last financial year were as follows.. 2022 2021 Capital and Reserves ProfiLI(loss) for year (92,541) (15.343) {77.197) (24.765)
12 Belle Ilale Community Cenlre Limited (a Company limited by guarantee) NOTES ON FINANCIAL STATETrIENTS for the year ended 31 Mfirch 2022 Land and 6 TAngible fixed assels buildings Totfil Cost or valiiation l April 2091 Additions Disposals 1 ,897.851 1,897,851 31 March 2022 1,897.852 1.897.852 Depreciatio l April 2021 CharbJe for year Disposals 693,397 36.204 693,397 36,204 31 March 2022 729.601 729,601 Nel book vllliie 31 March 2022 1 168,251 1.168,251 31 March 2021 1,204.454 1.204,454 The Millennium Commission, who funded the building of ihe Community Centre hold a debenture over the land and buildings and all other assets of the Charity. 2022 2021 7 Deblora Amounts owed by Lee Valley Trading Limited Other debtors 88.038 18,369 67.755 800 106,407 68.555 2022 2021 8 Creditors due wilhin one year Bank loans and overdrafts Taxation and social security Sundry creditors and accruals Pension creditor 12.333 6.300 399 2.839 6,109 360 9,308
13 Belle Ilale Community Cenlre Limited (a Company limited by guarantee) INOTES ON FINANCIAL STATEMENTS for the year ended 31 MArch 2022 9 Funds Balance t l April 2021 Bnlllnce Incoming resources Outgoing resources at 31 March Transfers 2022 Unrestricled Fiinds General Fund 207,587 148,254 (102,640) 253,201 Restricted Fiinds Millennium Commissio ERDF Grant SRB Grant LCC Grant R]'erSId¢ Housing 475.460 274,928 142.319 217,900 6.200 (15,465) (8,923) (4.578) (7,038) (200) 459,995 266,005 137.741 210,862 6.000 1.116,807 (36,204) 1.080,603 TOTAL FUNDS 1,324,394 148,254 (138.844) 1,333,804 Transfers The transfers between reslricled and unreslricled funds are to ensure that the closing restricted funds agree to the net book value of the restricted fixed assets. The restricted funds of £1,080,603 represenl the net book value of the restricted tangible fixed assets, the remaining tangible fixed assets of £87,648 are unrestricted. Millenniiim Commission The Millennium Commission provided a capital grant lo assist with the cost of construction of the community centre building. This included associated construction costs, professional fees and project manasiement costs, The main restriction is that the facility has to be run as a community centre and for no other purpose. The Millennium Commission was wound down. these rights were transferred to the Big Lottery Fund. A change in any part of the buildingis use requires consent from the Big Lottery Fund. ERDF Grant ERDF provided a capital grant to assist with the cost of construction of the community centre building. This included associated Construction costs, professional fees and projecl management costs. The tunds were restricted in that the building had to be used as a community centre for a period of no less than 10 years If the building is used for another purpose within this period. then a pro rata refund of the grant will become payable.
14 Belle Ilale Community Cenlre Limited (a Company limited by guarantee) INOTES ON FINANCIAL STATEMENTS for the year ended 31 MArch 2022 9 Funds (continiied) SRB Granl SRB provided a capital grant to assist with the cost of construction of the community centre buildinb This included associated construction costs. prot"essional tees and project manabFement costs. The main restriction is ihal the facility has to be run as a community centre and for no other purpose. LCC Grant Monies from Liverpool City c.ouncil were provided in the forni of insurance monies from the labour club which stood on this site. The money was provided on the condition that il was to be used to build a community centre. Riverside Hoiising Riverside Housing provided a capital grant to purchase computer equipment for an IT suite. 10 Income and expenditiire accoiint l April 2021 Surplus t.or the year 1.324,394 9,410 31 March 2022 1,333.804 I l Related parties Lee Valley Trading Limited 15 the charity's trading subsidiary At ihe balance sheet date Lee Valley Trading owed £88,038 (2021.. £67,755) to the charity. The charity charged a management fee of £20,000 (2021.. £55,000), an equipment hire fee of £5,070 (2021.. £10.140). No interest has been charged on the balances owed.
Belle Ilale Community Cenlre Limited (a Company limited by guarantee) INOTES ON FINANCIAL STATEMENTS for the year ended 31 MArch 2022 12 Controlling party c.ontrol lies with the truslees, with no individual or group having ultimate control. 13 Capilal Commitments 2022 2021 Contracted for but not provided for Authorised but not contracted for 14 Going Concern As stated in the Trustees report. the reserves policy is to hold liquid reserves to cover 12 months expenditure. cash surplus before depreciation was relurned this year. The Trustees feel that further progress is still possible and theret.ore will delay making an impairment adjustment to the carrying value of the Centre in the accounts unlil all Options for generating sufficient surplus to cover depreciation charges are exhausted.
Issuer Hailwood & Co Document generated Tue, 30th May 2023 16:18:39 BST
Document fingerprint df72cdb95cfbc820fdd2e1fdf590cd65
Parties involved with this document
Document processed
Party + Fingerprint
Tue, 30th May 2023 17:23:27 BST R Condon - Signer (e58b7386526aec7e7b7dd39f82738da5)
Audit history log
Date
Action
Tue, 30th May 2023 17:23:46 BST R Condon viewed the envelope. (81.107.39.63) Tue, 30th May 2023 17:23:44 BST R Condon viewed the envelope. (81.107.39.63) Tue, 30th May 2023 17:23:30 BST R Condon viewed the envelope. (81.107.39.63) Tue, 30th May 2023 17:23:27 BST The envelope has been signed by all parties. (81.107.39.63) Tue, 30th May 2023 17:23:27 BST R Condon signed the envelope. (81.107.39.63) Tue, 30th May 2023 17:21:48 BST R Condon viewed the envelope. (81.107.39.63) Tue, 30th May 2023 17:21:18 BST R Condon opened the document email. (66.249.93.209) Tue, 30th May 2023 16:23:54 BST Document emailed to roy.condon1@gmail.com (13.40.77.135) Tue, 30th May 2023 16:23:54 BST Sent the envelope to R Condon (roy.condon1@gmail.com) for signing (51.219.242.81) Tue, 30th May 2023 16:19:11 BST R Condon has been assigned to this envelope (51.219.242.81) Tue, 30th May 2023 16:18:55 BST Document generated with fingerprint df72cdb95cfbc820fdd2e1fdf590cd65 (51.219.242.81) Tue, 30th May 2023 16:18:39 BST Envelope generated by Dave Scott (51.219.242.81)