Charity ￿gIStratiOn number 1074S08
Company registration number 3614799 (England and Wales)
NETHERTON FEELGOOD FACTORY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

NETHERTON FEELGOOD FACTORY
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Mr W G Penney (Chair)
Ms H Martin
Mf J Ftynn
Ms U Ingham
Mr G Loughlin
Mr M Buxton
Ms L Cluskey
Secretary
Mrs S Duncan
Chief Executive
Mrs S Duncan
Charity number
1074508
Company numbèr
3614799
Registered office
Glovers Lane
Netherton
Liverpool
Merseyside
L30 5QW
Independent examlner
Helen Furlong FCCA
McLintocks {NW) Limited
46 Hamilton Square
Birkenhead
Imrral
Merseyside
CH415AR
Banker5
Natwest Bank PIC
West Yorkshire Retail CSC
1 Ifictoria Place
Holbeck
Leeds
LS115AN
Insurern
Ansvar Insurance Limited
Ansvar House
St Leonard's Road
Eastbourne
East Sussex
BN213UR

NETHERTON FEELGOOD FACTORY
CONTENTS
Page
Trustees. report
Independent examinerfs report
Statement of financial activilies
Balance sheet
Notes to the financial statements
9-23

NETHERTON FEELGOOD FACTORY
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Th8 Trustees present thelr annual report and financial ststements for the year ended 31 March 2024.
The financial statements have been prepared in accordan¢e with the accounting policies set out in note 1 to the
financial statements and comply with the Chartty's Memorandum and Articles of Association the Companies Act
2006 and "Accounling and Reporting by Charities: Ststement 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).
Objectives and activities
The objectives of the Netherton Feelgood Factory are to promots the heallh, education and quality of life of the
public in the Metropolitan Borough of Sefton and surrounding areas. The organisation aims to enable people to
improve their health and wellbeing by using a c￿mMunItY development approach to ill health prevention and health
improvement.
In setting our objectives and planning our activities, th8 trustees have given careful wnsideration to the Charity
Commission's general guidance on public benefit.
Priorities identified through consultation with the local community are-
lo improve access to health, social care and related information and services
to encourage healthi8r lif8styles
to provide services and activities to support isolated older people
to provide services and activities to support isolated families
The Feelgood FactoVs strategy lo achieve these objectives has been by rneans of a variety of activities and
servlces held both within the purpose-built healthy living ¢entr8 and as oulrea¢h services In the widar community.
The Charity has continued to lease office space to other organisations and hire rooms and facilities on a day or half
day basis.
Achlevements and perfomianco
The Fe81good Factory provides seNices for the whole of the community from Childhood to old age in ordar to
promote health and wellbeing in Iha most holistic way possible. During the year. our range of services has included-
Advice and infomiation services.
Healthy living 8Ctivities for the whole community that concentrate on physical exer¢lses and food and
nutrition.
Breast feeding support and support for parents facing stress and depression.
Mental health activities including a drop-in to support people with more severe and enduring m8ntal health
issues and programmes to promote good mental health.
Community seTvi¢es project which provide5 a range of practical services lo help older people stay safe and
well both by providing support in their own horne and through activities in the centre.
Acommunity garden
Cornmunity Hub
The Feelgood Factory continued to provide the main infomiation and advice service in the centre of Netherton. Our
centre and its staff have provided key information about local and national services and health and wellbeing to
local people. The advice centr8 and community hub are placed within a community lounge that is open to all local
people giving access to somewhere to meet in the warmth in winter (which helped to reduce energy bills) as well as
access to amenities such as Wi-Fi, printers and wmputers. The hub has also been active providing food parcels
and frozen meals for people in need working in partnership with local stores and Liverpool Football Club.

NETHERTON FEELGOOD FACTORY
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Healthy Living Activities
We have provided a range of activities aimed at promoting health and wellbeing. These have included exercise
classes such as Zumba, Pilates, Line Dancing and Aerobics as well as a general health programme and a variety of
food and nutrition programmes.
Brest Feeding Support
This programme trains volunteers to act as peer mentors for tocal mothers who wish to breastfeed. It also runs
support group5. Overa51 the programme helps to promote the health of mothers and babi8s and provides educatlon
about the wider benefits of breastfeading. We have continued to develop programmes aimed at helping parents
with their mental wellbeir)g.
Mental Health Projects
The Drop-ln for people with more severe and enduring mental health problems, has continued to operale I￿l¢e
weekly in Netherton and Linacre. We have also conlinu8d to provide more general wellbeing support sessions, in
particular Think Differently, Cop8 Differently and Bereavement Support, and soma on8-tO-one support sessions.
Our programme to support people axperiencing loneliness has also continued to grow and now includes a range of
groups and activities including the Good Afternoon Social, Crafting, Creative Writing, Music and Feelgood Learning.
Computer Fa¢ilitie$
Thanks to a grant from the UK Shared Prosperity Fund Digitsl Connectivity in Comrnunity Facilitie5 Grants
Programme we were able to update and expand our community computers in the Community Hub and also set up a
computer suite.
There were 3,448 attendancas al programmes aimed at improving physical health through exercise and
nutrilion which is a 480/0 increase on the previous year.
There ware 2,392 attendances al sesslons to promote mental wellbeing and alleviate loneliness which is a
21 increase on the previous year.
Children and Families
As a result of the work of the Community Hub, we have continued to provide programmes for families, both as after
school clubs and as holiday Glubs. This work has evolved in particular into support for families with children who
have diagnoses of autism orADHD. During the year there were 188 attendances at Ihese programm8s which is an
increase of 188%.
Nelherton Community Garden
The Netherton Community Garden has developed very well and continued to produce food for the community as
well as some social interaction for volunt88rs. Funding from th8 National Lottery Rea¢hing Communities Fund has
provided some security for the future.
We have also continued to provide practical help for people in the community.
In particular we=
Undertook over 932 shops for vulnerable people
Undertook gardening work for 292 gardens for vulnerable people
Distributed 5,000 frozen meals to families in need
Donated Christmas Dinner hampers to 60 families
Donated 30 essential food hampers
Provided Christmas gifts to 28 families
The Feelgood Factory continues to dep&nd for the achievemenl of its objecllv8s upon support of a range of partner
organisation5 and upon the hard work of its staff and volunteers.

NETHERTON FEELGOOD FACTORY
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Financlal revlew
We worked throughout the year to improv8 our ffinancial position in lina with our five-year plan. It was difficult due to
staff changes which put pressure on fundraising activities but the situation was better al the end of the year
although there 15 Still some dislance to go. The pressures to constantly raise more money is also led by the
increased demands on our services.
In tenns of earnad income the charity shop and associated online sales (largely due to a dedicated volunteer
workforce) have gone from strength to strength. Earned income from room hires and rentals have also increased
through the year. The plan is underway to improve facilities to increase extemal hiring of rooms, parlicularly out of
hours.
We have continued to put into action our Business Plan. This i5s overseen by three operational groups made up of
trustses. staff and volunteers. The groups work to bring about targets associated with Business and Fundraising,
Marketing and Communications and Volunteer Developm8nt and Managemenl.
As at 31 March 2024. the Charity had reseNes of £461.379 (2023: £528.540). Included wiihin these reserves are
£84.185 (2023 £81,144) of restricted funds (see note 20) and £138,011 (2023.. £101,686) of designated funds (see
note 21). Included within unrestricted reserves are fixed assets totalling £356,737 (2023.. £423,569). These funds
can only be realised upon sale of these assets. The Charsty had free reserves of £nil (2023: £nill.
Reserves Pollcy
It is the policy of the Charity that unrestricted funds which have not been designated for a specrfic use should be
maintained at a level equlvalent to be￿een three and six month's expenditure. The truslees consider that reserves
at this level will ensure that, in the event of a significant drop in funding, they will be able to Continue the Charity's
Current activlties while consideration is given to ways in which additional fijnds may be raised. This level of reseNes
has been maintalned throughout the year.
Investment Pollcy and Returns
Trustees make all decisions about investments and ￿Ceive regular financial reports from the Finance Su
Committae d8tailing the financial position of the organisatlon.
Risk Identlflcatlon and Management
The Board have identified the main areas of risk as the costs attached to running and maintaining the building. The
risks have been minimised through monitoring the exient of depend8nc8 on particular donors.
The Board has a wide range of fvnding sources to minimise dependence on any one source.
A 59t of financial regulations exists which specify the cheque signatories and their delegated authority leve15. Two
signatories, one of whom must be a board member. must sign each cheque.
A ￿Jmputer1Sed financial management system is fully operational and a system to maintain the highest Standard5 of
financial management is in place.
Disclosure of informatlon for financial inspection
Each of the directors has confirmed that there is no inforrnation of whlch they are aware which is relevant to the
inspection. but of which the indèpendent examiner is unaware. They have further confirmed that they have taken
appropriate steps to identify such relevant information and to eslablish that the examiners ara awara of such
information.
Structure, govemance and management
The Charity is a charitabl8 company limited by guarantee and not having a share capital. The company is registered
in England and Wales, No.. 3614799. The principal governing docum8nt is the company Memorandum and Articles
of Association. The Charity is registered with the Charity Commission, No: 1074508.

NETHERTON FEELGOOD FACTORY
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The Trust88s. who ar8 also the directors for the purpose of company law, and who served during the year and up to
the date of signature of the financial statements we￿.
Mr W G Penney (Chair}
Ms H Martin
Mr J Flynn
Mr L P James
Ms U Ingham
Mr G Loughlin
Ms M McEllenborough
Ms L M G18nn
Mr M Buxton
Ms L Cluskey
Mr D Cummins
(Resigned 28 May 2024)
(Resigned 9 October 2023)
(Resigned 11 March 20241
(Resigned 11 March 20241
The Charity is a charitable Company limiled by guarantee and not having a share capital. The company is registered
in England and Wales, No 3614799. The principal governing document is the company Mernorandum and Articles of
Association. The charity is registered with the Charity Commissioners, Number 1074508.
Th8 charity is governed by its Board of Directors who, as Trustees of Ihe charity, ar8 responsible for setting the
strategic direction of the organisation and for establishing policy. The Board meets monthly and delegates day-to-
day management lo the Chief Executive. Sandra Duncan, who leads a slaff team with specific areas of
responsibility. Written financial and progress reports are provided in advance of Board Meetings. There is
Finance Sub Committee that has delegated authority and written terms of reference.
Trustees are nominated and elected by Feglgood Factory Members. New Trustees are inducted into their new role
by way of fomialised infomialion about the role of a truslee and about the Feelgood Factory.
A membership register Is held by the Company Se¢retsry. Ona third of Trustees will normally retire each year and
are eligible for re-election at the Annual General Meeting.
At the 31st March 2024 there were 22 members.
Employees
The organisalion had 13 membars of staff at 31 March 2024.
The Trustees, report was approved by the Board of Trustees.
Mr W G Penney (Chairl
Trustee
l) Ljif
30 September 2024

NETHERTON FEELGOOD FACTORY
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF NETHERTON FEELGOOD FACTORY
I report to the Trustees on my 8xamination of the financial statements of Netherton Feelgood Factory (the Charity)
for the year ended 31 March 2024.
Respon$ibllltl8s and basis of raport
As the Trustees of the Charity (and also its directors for the purposes of company law) you are responsible for the
preparation of th8 financial statements in accordance with the requirements of the Companies Act 2006 (the 2006
Act).
Having satisfied mysèlf that the financlal statements of the Charity are not required to be audited under Part 16 of
the 2006 Act and are 81igible for indepandenl examination, I report in respect of my examination of the Charity's
financial slatements carried out under sectlon 145 of the Charities Act 2011 (the 2011 Act). In carrying out my
examination I have followed all the 8pplicable Directions given by the Charity Commission under section 145(51(bl
of the 2011 Act.
Independent examinefs statomont
Since the Charity's gross income exceeded £250,000 your examiner must b8 a rnember of a body listed in section
145 of the 2011 Act. I confim that l am qualified to undertake the examination because l am a member of [ENTER
IN DATABASE cy10151, which is on8 of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination glving me cause to beli8V8 that in any materlal respect:
accounting records were not kapt in respect of the Charity as required by 8ection 386 of the 2006 Act. or
the financial statements do not accord with those records" or
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts giv8 a true and fair view which is not a matter considered as parl of an
independènt examination. or
the financial slatements have not b8en prepared in accordance with the method5 and principles of the
Statement of Recommended Practlce for aC￿Unting and reporting by charities applicable to Charities
preparlng Ih8ir accounts in ac￿rdanCe 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 matter5 in connection with the examination to which attention
should be drawn in this report in order to enable a prop8r under8tsnding of the financial ststements to be reached.
trl
Helen Furlong FCCA
McLinto¢ks (NWI Limited
46 Hamitton Square
Birkenhead
Wirral
Merseyside
CH416AR
Dated: So: q :.u

NETHERTON FEELGOOD FACTORY
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Current financial year
Unrestricted Unrestricted Rastrlctod
funds
funds
funds
general designated
2024
2024
Total
Total
2024
2024
2023
Notes
Income from:
Donaiions and legacies
Charitable activities
Other trading activities
Investments
83.243
34,720
25,316
17,526
16.135
276,905
809
99,378
311,625
26,125
17,526
99,421
230,831
14,373
12,313
Total Income
160,805
293,849
454,654
356,938
ndilure on:
Raising funds
5,732
5,732
3,822
Charitable activities
269,669
246,414
516,083
507,320
Total expendltura
275,401
246,414
521.815
511,142
Net (outyoing)lincoming resources before
transfers
(114,596)
47,435
(67,161) (154,204)
Gross transfers be￿een funds
15
8.039
36,325
(44,364)
Net (expenditure)lincome for the yearl
Net movement in funds
{106.557)
36,325
3,071
(67,161) (154,204)
Fund balances at 1 April 2023
345.740
101.686
81.114
528,540
682,744
Fund balances at 31 March 2024
239,183
138,011
84,185
481,379
528,540
The ststement of financial activities includes all gains and losses re¢ognised in the year.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account
under the Compani8s Act 2006.

NETHERTON FEELGOOD FACTORY
STATEMENT OF FINANCIALACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Prfor flnancial year
Unrostricted Unrestrlcted Restrlcted
funds
funds
funds
general designated
2023
2023
Total
2023
2023
Notes
Income from:
Donations and legacies
Charitable activities
Other trading activities
Investments
59.053
1,551
14,373
12,313
40,368
229,280
99,421
230,831
14,373
12,313
Total Income
87,290
269,648
356,938
Ex
enditure on:
Raising funds
3,502
320
3,822
Charitable activities
259,525
247,795
507.320
Total expenditure
263,027
248,115
511,142
Nat (outgoing)lincoming r8sourc•s before transfers
(175,737)
21,533
(154,204)
Gross transfers be￿een funds
15
45,779
227
146.006)
Net (expendlture)fincome for the yearl
Net movement In funds
(129,958)
227
(24,473) (154,204)
Fund balances at 1 April 2022
475,698
101,459
105,587
682.744
Fund balances at 31 March 2023
345,740
101,e86
81,114
528,540

NETHERTON FEELGOOD FACTORY
BALANCE SHEET
ASAT31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
16
356,737
423,569
Cuffent assets
Debtors
Cash at bank and in hand
17
65,800
68.935
82,990
93.719
134,735
176,709
Credilors: amounts falling due within
one year
18
(30.093)
(71,738)
Net current assets
104,642
104,971
Total assets less current Ilabilities
461,379
528,540
Income funds
Restrictad funds
Unrestricted funds - gen8ral
21
84,185
239.183
81.114
345.740
461,379
528,540
The company is entitled to the 8X8mption from the audit requirement contained in section 477 of tha Companies Aci
2006, for Ihe year ended 31 March 2024.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect to accounting records and the preparation of financial slatemenls.
The members have not required the company to obtain an audit of its financial statement5 for the year In question in
a¢¢ordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the Trustee5 on 30 September 2024
Mrw G Penney (Chair)
Trustee
Company registration number 3614799

NETHERTON FEELGOOD FACTORY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting pollclgs
Charlty Inforniation
Netherton Feelgood Factory is a private wmpany limited by guarantee incorporated in England and Wales.
The registered office 1$ Glovers Lane, Netherton. Liverpool, Merseyside, L30 5QW.
1.1 Accounting conventlon
The financlal stat8ments have been prepared in accordance with the Charity's Memorandum and Articles of
Association, the Companies Act 2006, FRS 102 Yhe Financial Reporting Standard applicable in the UK and
Republic of Ireland" (°FRS 102,1 and the Charities SORP "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 1021" (effective 1 January 2019). The
Charity 18 a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of
Cash Flows.
The financial ststements are p￿pared in sterling, which is the functional currency of the Charity. Monetary
amounts in these flnancial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accountlng
policies adopted are set out below.
1.2 Going concorn
These financial statements ara prepared on the going concern basis. The Trustees hava a r8asonable
expectstion that the Charity will continue in operational existence for the foreseeable future, however, Ihe
Trustees are aware of certain materlal Un￿rtaIntieS whlch may cause doubt on the charity's ability to continue
as a going concern.
1.3 Charltable funds
Unrestricted funds are avallable for use at the discretion of the Trustees in furtheranGe of their charitable
objectives.
Deslgnated ￿ndS comprise unrestricted fvnds that have been sel aside by the Trustees for a particular
purpose. The aim and use of each of designated fund Is set out in the notes to the financial statements.
Restricted funds are are fund5 which are to be used in accordancA with specific restrictions imposed by
donors or which have be8n raised by the charity for particular purposes. The purposes and uses of each
restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recogni$8d when the Charlty is legally entitled to it after any performance conditions have been
met, the amounts can be measured reliably, and it is probable that income will be received.

NETHERTON FEELGOOD FACTORY
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
IContinuad}
Income from donations and grants, including Capital grants, is included in incoming r8sources when these are
receivable, except as follows..
When the donors spe¢lfy that donations and grants given to the Charity must be used in fLrture
accounting periods, the income is deferred until those periods,
When donors impose conditions which have to be fulfilled before the charity becomes entitled to Such
income, the income is deferred and not included in incoming resources until the preconditions for use
have been met.
When donors specify that donalions and grants. including capital grants, are for restricted purposes, which do
not amount to preconditions regarding entitlement. this income is included in incoming resources of the
restricted funds when received.
Voluntary income included discretionary grants for projects, g¢)ods and seNices where no service agreement
or contract exists.
other grants, which have particular service requirements and which are provided in accordance with a
¢ontrad or service lev81 agr88ment are included in the Statement of Financial Activities under the heading
Income Resources for Charitable Activities.
Interest is included when received by the Charity.
Legacies ar8 recognised on receipt or otherwise rf the Charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known. the legacy is treated as a
contingent asset.
1.5 Expenditure
Expenditure reflects all amounts paid and accrued during the year. Expenditure includes VAT which cannot be
recovered, and is reported as part of the expenditure to which it relates. All costs are allocat8d betW8en the
expenditure categories of the Statement of Financial Activities (SOFA) on a basis designed to refled the us6
of the resource. Where costs cannot be directty attributed to particular headings they are allocated to activities
on a basis consistent with the use of the resource.
Charitable expendilure comprises those costs incurred by the Charity in the delivery of its activities and
services for its beneficiaries. It includes both costs that can be allocated directly to such activities and thos8
Costs of an indirect nature necessary io support them.
1.6 Tangible fixod assets
Tangible fixed assels costing more than £1.000 are capitalised at cost.
The cost of tangible fixed ass&ts includes only expenditure incurred in bringing the asset into working
condition for their intended use. Depreciation is provided to write each ass8t off over its expected useful life
using the following rates and methods:
Leasehold land and buildings
Building equipm8nt
Fixtures, fittings & equipment
Computers
4 /0 on Cost
150/0 on cost
Belmeen 15%-30 1ty on cost
Between 33Q/o-50Yo on cost
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carying value of the asset, and is recognised in the stalement of financial activilies.
10-

NETHERTON FEELGOOD FACTORY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Contlnued)
1.7 Impaimient of fixed assèts
At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impaim)ent loss. If any such indication
exists. the recoverable arnount of the asset is estimated in order to detennine the extent of the impairment
loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held at call with banks. other short-temi liquid
investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilittes.
1.9 Flnancial instruments
The Charity has èlected to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12
'Oth8r Financial Instruments Issues. of FRS 102 to all of its financial instruments.
Financial instwments are recognised in the Charity's balance sheet when the Charity becomes party to the
contractual provisions of tha instrument.
Financial assets and Ilabilities are offset. with the net amounts presented in the financlal statements, when
there is a legally enforceabl8 right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultsneousty.
Basic financlal assets
Basi¢ financial assets, whi¢h include d8btors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cosl using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of inleresl. Finan¢i818ssets
classified as receivable within one year are not amortisad.
Baslc flnancial liabilities
Basic financial liabilities. including creditors and bank loans are initially recognised at transaction pri¢e unless
the arrangement constitutes a financing transaction. where the debt instrument is measured at the present
value of the future payments diswunted al a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost. Using the effective interest rat8 method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amunts payable ar8 classified as current liabilities if payment is due within on8
year or less. If not. they are presented as non-cJJrrent liabilities. Trade creditor5 are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Der￿o￿nitIon of financial liabilities
Financial liabilities a￿ derecognised vthen the Charity's contracbjal obligations expir8 or ar8 discharged or
cancelled.
1.10 Taxatlon
The Charity benefits from varlous exemptions from taxation afforded by tsx legislation and is not liable to
corporation tax on income and gains falling within those exemptions.
The Charity is not able to recover Value Added Tax. Exp8nditure is recorded in the financial statements
inclusive of VAT.
11

NETHERTON FEELGOOD FACTORY
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
A¢countlng pollcles
(Contlnued)
1.11 Employee benefits
The cost of any unused holiday enlitlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed
to temiinate the employment of an employee orto provide termination benefits.
1.12 Retlrement benofits
Payments to defined contribution retirement ban8fit schemes are Charged as an expense as they fall due.
Critical accounting estimates and Judgements
In the application of the Charity's accounting policies. the Trustees are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities thal are not readily apparent
from other sources. The estimates and associaled assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The eslimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both curr8nt and future
periods.
12-

NETHERTON FEELGOOD FACTORY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Donations and legacies
Unrestricted Restrlcted
funds
funds
general
2024
Total
Unrestricted Reslrieted
funds
funds
general
2023
Total
2024
2024
2023
2023
Donations and gifts
Legacies receivabl8
Grants receivable
62.894
7,179
13,170
2,075
64.969
7.179
27.230
38,993
500
19.560
565
39.558
500
59,363
14.060
39.803
83,243
16,135
99,378
59,053
40,368
99,421
Grants recelvable for
core activities
Natural England
The Big Lottery
Sefton CVS
Liverpool CVS
Sefton MBC
Eleanor Rathbone
Charitable Trust
Cash for Kids
4.999
10,000
18,099
4.999
10,000
37,659
4.900
1.500
5,020
14,060
18.960
1.500
5.020
19.560
1.705
1.705
5,000
5,000
1.750
1.750
13,170
14,060
27.230
19,560
39,803
59,363
13-

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NETHERTON FEELGOOD FACTORY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from other Iradlng actlvities
Unrestricted Restrlcted
funds
funds
2024
2024
T**1 Unrestrictod Restricted
funds
funds
2023
2023
Total
2024
2023
Fundraising events
25.316
809
26,125
14,373
14,373
Incorne from investments
Unrestrlcted Unreslricted
funds
funds
2024
2023
Rental income
17,526
12,313
Expenditure on raising funds
Unrastricted Restrlctsd
funds
funds
2024
2024
Total Unrèstrlcted Restricted
funds
funds
2023
2023
Total
2024
2023
Fundralslng and publicity
other fundraising costs
Support costs
2,323
3.409
2,323
3.409
712
2,790
320
1,032
2.790
5.732
5.732
3,502
320
3,822
15-

NETHERTON FEELGOOD FACTORY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charitable activStles
Public Education Quallty of Heafth and
Benefbt
Life Wellbeing
2024
2024
2024
Total
2024
Total
2023
2024
Staff costs
Premises and other
costs
Office costs
101,116
3.298
159,456
263,870
258,725
53,850
13,541
10,176
19
6.491
134
37,404
11,337
107,921
25,031
104,762
13,372
168,507
13.493
6,625
208,197
396,822
376,859
Grant funding of
activities (see note 91
15.200
Share of support Costs
(see note 101
Share of governance
costs (see note 10)
97,288
4.688
2,467
10,281
114,724
110,335
4,537
4,537
4,926
270,332
18.181
9,092
218,478
518,083
507,320
Analys18 by fund
Unrestricted funds -
general
Restricted funds
221,287
49,045
18.181
9,092
21,109
197,369
269,669
246,414
259,525
247,795
270.332
18,181
9.092
218,478
516,083
507,320
16-

NETHERTON FEELGOOD FACTORY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charltable actlvltles
(Conlinuad)
For the year ended 31 March 2023
Public Education Quality of Health and
Beneflt
Life Wellbèlng
Total
2023
Staff costs
Premises and other costs
Office costs
82,156
53,800
11,894
4.556
4,470
85
172,013
44,152
1.303
258,725
104,762
13,372
2,340
90
147,850
9,111
2,430
217,468
376,859
Grant fijnding of a¢tlvltles (see note 9)
15,200
15,200
Share of support costs (se8 note 10)
Share of govemance costs (see note 10)
93.434
4,926
4.544
2.392
9,965
110,335
4,926
246.210
13,655
4,822
242,633
507,320
Analysis by fund
Unrestricted funds - general
R8stricted funds
217,502
28,708
13,655
4,822
23,546
219,087
259,525
247,795
246,210
13,655
4,822
242.633
507,320
Grants payabla
Grants payable of £15,200 in 2023 relate to the distribution of the Neighbourhood Wami Space grant to other
local charities.
17-

NETHERTON FEELGOOD FACTORY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
10 Support costs
Support Goveman¢e
costs
costs
2024
Support Governan¢e
costs
costs
2023
Staff costs
Depreciation
41.125
76,479
41,125
76.479
39,862
73,264
39,862
73,264
AGcountanGy
Legal and professional
3.900
637
3.900
637
3.900
1.026
3,900
1,026
117.604
4.537
122,141
113,126
4,926
118,052
Analys8d b8lween
Fundraising
Charitable activities
3.409
114,725
3,409
119,262
2,790
110,335
2,790
115,261
4,537
4,926
118.134
4.537
122,671
113.125
4,926
118,051
CEO'S salary is allocated following an assessment of the time spent in monitoring and supervising front line
staff and for running activities herself.
Depreciation is allocated to Public Benefit as all activities are funded from rastricted funds.
Thè majority of govemance costs are allocated to Public Benefft as all other activities are funded by restricted
fvnds with the exception of subscriptions which are allocated based on which acttvity incurs the cost.
Governance costs include payments to the Independent Examiner of £3,900 (2023:£3,900)
11 Net movement in funds
2024
2023
The net movement in funds is stated aft8r chargingl(crediting)-
Depreciation of owned tangible fixed assets
76,479
73,264
12 Trustees
None of the Twsleès (or any persons connect8d wsth them) received any remuneration or benefits from the
Charity during the year.
13 Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
Charitable activities
Administration
13
11
Total
14
18

NETHERTON FEELGOOD FACTORY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
13 Employees
(Continued)
Employment costs
2024
2023
Wages and salaries
Social security costs
Other penslon costs
276.567
17,809
10.619
270,507
17,345
10,735
304,995
298,587
There were no employees whose annual remuneration was more than £60,000.
Remunoration of key managom•ni personnel
The remuneration of key management personn81 was as follows:
2024
2023
Aggregate compensation
41.125
36,092
14 Taxation
The charity is exempl from tsxation on its actÈvities because all its incotne is applied for charitable purposes.
1 S Transfers
Transfers relate to a proportion of the overhead costs charged to the individual projects (see note 21).
During the year, the redundancy reserve was increased to reflert staff changes during the year ( sea note 22).
19-

NETHERTON FEELGOOD FACTORY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
16 Tangible fixed assets
Loasehold
land and
buildings
Buildlng
equlpment
FlxbJre8,
fthings &
oquipmonl
CoMputgrJ
Total
Cost
At 1 April 2023
Additions
1,831,596
90,172
31,363
26,034 1,979.165
9,647
9.647
At 31 March 2024
1,831,596
90,172
31,363
35,681
1,988,812
Depreciallon and Impalrment
At 1 April 2023
Depreciation charged in the year
1,408,027
73,264
90,172
31,363
26,034 1,555.596
3,215
76.479
At 31 March 2024
1.481,291
90.172
31,363
29,249 1,632,075
Carrying amount
At 31 March 2024
350.305
6,432
356,737
At 31 March 2023
423,569
423.569
During the year part of the leasehold propety was rented out by the Charity to other charitable organisations.
The fair value of this Component part of the propety cannot be reliably measured without due Cost to Ihe
Charity.
17 Debtors
2024
2023
Amounts falling due withln one year:
Trade debtors
Prepayments and accrued income
59,953
5,847
77,344
5,646
65,800
82,990
18 Creditors: amounts falling due within one year
2024
2023
Notes
Other taxation and soci81 security
Deferred incorne
Trade creditors
Other creditors
A¢cruals and deferred income
5,061
5.374
61,345
9,454
1,665
3,900
19
21,106
(330)
4,256
30,093
71,738
-20-

NETHERTON FEELGOOD FACTORY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
19 Deferred Income
Deferred income is included in the financial stat8ments as follows:
2024
2023
Deferred income is included within:
Current liabilities
51,345
Movements in the year:
D8f8rr8d income at 1 April 2023
Released from previous periods
Resources deferred in the year
51,345
(51,3451
51,345
Deferred income at 31 March 2024
51.345
20 Retirement beneflt schemes
2024
2023
Deflned Contributlon schemes
Charge to profit or loss in respect of defined contribution schemes
10,619
10,735
The Charity operates a dafined contribution pension scheme for all qualifying employees. The assets of the
stheme are held separately from those of the Charity in an independently administered fund.
21 Restricted funds
The ￿$trICted funds of the charity comprise the unexpended balances of donations and grants held on trust
subject to specific conditions by donors as to how they may be used.
At 1 April
2023
Incomlng Resources
resources
expended
Transfers Al 31 March
2024
Healihy Living Centre
Community Garden Projects
Breaslfeeding Support Sefton
The Drop In
Otherfijnds
21.441
14,405
28,172
12,203
4,893
177,130
52,923
40.000
23,160
636
{151.997}
(49.044}
(23,984)
(20,753)
(636)
(27,929)
11,000)
(12,191)
11,053)
12,191)
18.645
17,284
31,997
13.557
2,702
81,114
293,849
(246,414)
(44,364)
84.185
21

NETHERTON FEELGOOD FACTORY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
21 Restrlct¢d funds
(Continued)
Previous year:
At 1 April
2022
Incoming
resources
Resources
expended
Transfers At 31 March
2023
Healthy Living Centre
Community Garden Projects
Breastfeeding Support Sefton
The Drop In
Other funds
50,547
17,967
28,192
10,881
174.765
22,267
40,563
21,740
10,313
(167.865)
{25,829)
{28,583>
{20,418)
{5,420)
{36,006)
21,441
14,405
28,172
12,203
4,893
(10,000)
105,587
269.648
{248,115)
(46,006)
81.114
The Healthy Living Centre project provides a wide range of activities to improve health and wellbeing.
The Breastfeeding Sefton project is for peer-led support for mothers and mothers-to-be to encourage and
enable breastfeeding throughout Sefton.
22 Designatsd funds -
These are unrestricted funds which are material to the Charity's activtties.
At 1 April
2023
Transfers At 31 March
2024
Redundancy Reserve
Maintenance Fund
87,286
14,400
16,325
20,000
103,611
34,400
101,686
36,325
138.011
Provious year:
At 1 April
2022
Transfors At 31 March
2023
Redundancy Reserve
Maintenance Fund
87,059
14,400
227
87,286
14,400
101,459
227
101,686
The Redundancy Reserve has been designated to cover the costs of redundancy payments should the
organisation cease to Dperate.
The Maintenance Fund has been designated to Cover the ongoing regular but infrequent Costs associated with
the maintenance of the building.
-22-

NETHERTON FEELGOOD FACTORY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
23 Analysis of net assets betrween funds
Unmstrictsd
funds
2024
Material
funds
2024
Restricted
fvnd8
2024
Total
2024
At 31 March 2024:
Tangible assets
Current assetsl(liabilities)
356,737
(117.554)
356,737
104,642
138.011
84,185
239,183
138,011
84,185
461,379
Unrestricted
funds
2023
Material
funds
2023
Restricted
funds
2023
Total
2023
At 31 March 2023:
Tangible assets
Current assetsl(liabilities)
423,569
(Tl,829)
423,569
104,971
101,686
81,114
345,740
101,686
81.114
528,540
24 Operating lease ¢ommitments
Lessee
At the reporting end date the Charity had outstanding commitments for future minimum lease payments under
non-cancellable operating leases, which fall due as follows..
2024
2023
Within one year
Be￿een two and five years
2,474
3,081
2,474
5.554
5,555
8,028
25 Related party transactions
There were no dis¢losable related party transactions during the year (2023- non8).
-23-