REGISTERED COMPANY NUMBER: 03849276 (Eng14nd and Wales) REGISTERED CHAIUTY NUMBER: 1089878 rt f the Tnjstees and Una ited Financial tater for the Year Erthd 30 Se mber 2022 for The Millennium Centre St. Helerts Ltd GR Taylor & Co Accountants 54_56 Omkirk Stree¢ ST HELENS Metseyside WAIO 2TF *AC6T3UYI' 301C612023 COMPANIES HOUSE
The Millennium Ltd ntents of Ihe Financial Statetnents f r the Year Ende 30 tetnber 2022 Page R¢port of the Trustees Independent Examiner's Report Ststerywit of FInalar Acti(1¢$ Balance Sheet 4 5 Cash Flow Statem¢nl Notes to the Cash Flow Ststerrtnt Noies to the Financial Statennis Dethiled S¢amen1 of Finala1 Activities 15 w 16
The Millennium Centre SL Helen5 Re rt of the Trustees for the Year Ended 30 tember 2022 The tllL5tees who are also director5 of tlie charity for the purposes of the Companies Aci 2006. preseni their repoil with the finatjcial sia(ements of the charity for the year ended 30 Sepmber 2022. The rnts¢es have adopted the provistons of Aeeounting and Reporting by ChariLi¢S'. Statem¢nt of Recommended Practice applicable to chariries preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and RepLthlie of Ireland (FRS 102) {¢ffcciivt I January 2019). STIi4TEGTC REPORT STRUCTURE, COVERNANCE AND MANAGEMENT GoverDing document The charity is controlled by its governing documethL a deed of ts1 and consi1W a limiied ¢ompany, limited by guarantee, as defined by ihe Companies Act 2006. REFERENCE AND ADMINISTRATtVE DETAILS Registered Company nurnber 03849276 (England atjd Wales) Rtglstered Charity nMber 1089878 Reg15tered offitt The Millellnium Centre Co¥poration Sireet St Helens Merseyside WAIO IHJ Trustees Mr A N RÉchxrds Mr N Wilding Mr R W Barton Mr P C Girlwg Mr R Watson Mr A Jottes Mr J Woods (appointed 10.2.23) Mrs A Humphreys (appointed 10.2.23) IDdependen¢ #MIner Sarah Nichols GR Taylor & Co Accountants 54.56 Ornlrk Styeet ST HELENS Merseyside WAIO 2TF es, illcoTpor&iing a 5trat¢8ic rcpoo approved by order of the board of thLStees. &$ the company directors. and 5igncd OD the board's beha]f by. Mr A N Richards- Trtre Pag¢ I
rnde endent ExaTnine¢s Re rt to the T lees of illennium Celltre St. Helens Ltd Independent ¢xArniner's r¢TI to tht trnstees of The Mlllennium Centre (St. Hdens) Ltd ('tht Company.) I reyk)rt to th¢ charity mjstees on my examinaiion of the accounts of the Company for the year ertded 30 September 2022. Responsibilities sn41 basis ofrepon As tl)e chariws tn[¢¢$ of th¢ Company lat]d also directors for the purFOSes of conipany lawl you are responsible for the preparlon of ihe accounts in accordanc¢ wilh th¢ requir¢menrs of the Companies Aet 2006 {'the 2006 Act.). Having saiisfied myself (hat the accounts of the Conwany are not requird to be alld1d under Part 16 of ¢he 2006 Act and are eligsble for independent examijjation. I rew)rE in respeet of my exarninaiion of your chariWs aecollnis as carried oui under Section 145 of the Charities A¢1 2011 ('th¢ 2011 Aci). In canying out niy examination I have followed the Djrections given by the Chariry Commission under Secrion 145(5) Ib) of ihe 2011 ACL Independent examlner's statement Since your chariws gross income ex¢¢¢ded £250,OIK) your examiner must be a m¢mber of a listed body. I can confim ihat I am qualified to underrake the examinaiiort t$¢ l am a member of the Institute of Chart¢red Ateountants in England and Wales, which is oll¢ of the listed bodi¢s. I have completed my examination. I confirni that nts matters havc eome to my attrntion in Connection with ihe examinaiion giving m¢ £au5e to believ¢.. accounting records wcre not kept in respect of the Company as required by Sec¢ion 386 of the 2006 Act; or the aceounts do noÈ accord wilh rhose records" or the do tKSt comply with the ac¢ouoting requirem¢nts of Secuon 396 of the 2006 Act other than any requiremeni thai the accounts giv¢ a true and falr view which is a maw wThsid¢r¢d as pon of an independ¢nt examination. or the a¢counrs have not beeu prepared a¢cordan¢e with the thodS aDd principle5 of the Statement of Recommended Practiee for accounting and reporting by chariries (applicable to charities preparing iheir accounts in accordan¢¢ with th¢ Finan¢ial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102}). I hav¢ no cotteerns and have come across no other mattus in conoeciion with the ex2mioarion to which attention should be drawn in this report in order to enable a proper understanding of the accowits to be Teached. Sarah Ni¢ho15 GR Taylor & Co Account 54-56 Omiskirk Street ST ELENs Mer5eysid¢ WAIO 2TF Date.. Page 2
Th Mill nnium t. Helens Lid Ststem¢nt f FinaDcial Aeiivities f r the Year Ended 30 tember 2022 30.9.22 Totsl 30.9.21 Total funds Unrestricted Resthtted fi{L8 Notes INCOME AND ENDOWMENTS FROM Donations and legacies 46.370 46,371 49.074 Charitable activities Management charges Millennium Centre Tenants J6.046 36,046 439.913 37.408 40J.064 439.913 Invesiment income 44,372 44.372 26,860 Total 126,788 439.914 566.702 516.406 EXPENDITURE ON Char5t8ble aetivltles MaTREement charges General 27.721 27,875 23,755 (8.058) 364.256 MilleDnium Centre Tenants 416.133 416,133 Other 106,108 106.108 127,702 Total 106,262 443.854 5SO.116 507,655 NET INCOMEJ{EXPENDITURE) 20.526 (3.940) 16586 8,751 RECONCIUATION OF FUNDS Total fvnds brought forward .121,018 248.925 1.369.943 .361,192 TOTAL FUNDS CARRIED FORWARD 1,141.544 244,985 1,386,529 ,369,943 Tbe no*s fomi part of thtse fmancial stsienKIits
The Millennium Cenir Si Helen Ltd alance Sheet 30Se tember 2022 30.9.22 ro¢al 30.9.21 Total fid$ Unrestrieied Resrricied Nos FIXED ASSETS Tangible asser5 Investments 10 338.683 338,683 100 315,328 100 338.783 338.783 315,428 CURRENT ASSETS Debiors Cash at bank and in haDd 12 (45.793) 904.442 244.985 199.192 904.442 94,038 980,991 858.649 244.985 1,103.634 1,075,029 CREDITORS Amounts falling due within one year 13 (55.888) (55.8881 (20,514) NET CURRENf ASSETS 802,761 244,985 1,047,746 1,054.5 15 TOT AL ASSETS LE&S CURRENT LIABtLITIES 1.141,544 244,985 1.386,529 1.369.943 NET ASSETS 1.141,544 244,985 1,386,529 1,369,943 FUNDS Unrestricied funds Restricted fjjnds 14 1,141.544 244.985 1.121,018 248,925 TOTAL FUNDS 1.386,529 1.369.943 The charitable company is entitled to exemprion from audii under Seetion 477 of the Companies Act 216 for the year ended 30 September 2022. The memb¢rs hav¢ rKJt r¢quired the company to obtain arl audit of rts financial statenrnts for the year ended 30 Septrmber 2022 in accordance wth Se¢tion 476 of the Companies Act 21M)6. The injstees acknowledge their responsibilities for (a) ensuriDg that the Charlble cornpany keeps accounting records that comply with sec1108 386 and 387 of the Companies Act 2006 and preparing financial Staments which give a true and fair view of the sthte of affairs of the charitsble company as at the ¢nd of ¢ach financial year and of its surplus or deficit for each financial year in accordartce with the iequirements of Section5 394 and 395 and wbicb oihen¥i5e cotnply with the requirements of the Companies Act 2006 relating to financial statem¢1, so far as applicable to thc charitsble eompany. (b) Th¢ financial statements were approved by Board of TnJses and auttb)rised for issue on .. and were siwl on its b¢half by.. The ooS fomi part of these finan¢ial ststennts Page 4 continued..
The Millennium Centre SL Helens Ltd alance heet- continued 30 tember 2022 Mr A N Richards- Tntstee The note5 fonn part of these statertOts Page 5
The Millennium Centre St. Helens ash Flow Sts¢ment for the Year Ended 30 tem r 2022 JO.9.22 30.921 Notes C&$h flows from operating #ctlvltles Cash 8en¢raied from operations (22.499) 91.13J N¢t cash (wed inyprovided by operating aciiviiie5 (22.499) 91.13J Cash flow$ from invesiith<v activlties Purchase of tsngible fixed assets (54.050) (18.729) N¢t c&%h used in investin8 activities (54.050) (18,729) Chxnge In csh and c85h equivalents In ¢h¢ reporting period Csh and cash equivalents At the beginning of the reporting period (76.549) 72,404 980.991 908,587 Cash and ea5h equlvalents 4t the eDd tsf the reporting perlod 904.442 980.991 Page 6
The Millennium Centre Si. Helens Notes to the Cash Flow Statement for the Year Ended 30 Se tember 2022 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 30.9.22 30.9.21 Nd income for th¢ reporting period {#s per the St*(emtnt of Fln#ncl•l Acdvliies) Adjustrnents for: Depreeialion charges (Increa5eVdectease in debiors Increaselldecrease) in crediiors 16.586 8,751 30.695 (105.154) 35,374 25.628 64,956 (8,202) Net cash (used Inllprovid¢d by operHtlons (22,499) 91,133 ANALYSIS OF CHANGES IN NET FUNDS At 1.10.21 Cash tlow At 30.9.22 Net cash Cash at bank and in hand 980,991 (76.549) 904,442 980.991 (76,5491 904,442 Total 980.991 {76,5491 J4,442 The noies forni pan of these financial Sts(ents
The Millennium Centre St. Helens Lid N tes io the Financial Statements for the Year Ended 30 Se iember 2022 ACCOUNTING POtJClES Basis of preparing the finantial st#¢ements The fIancial Stalen of the charitable conipany. which is a public benefit entity under FRS 102. have bee prepared in aeeordance with ihe Charities SORP IFRS 102) 'Accounting and Reporting by Charities.. Statement of Recomnktlded Practice applicable to charities prep2ring their accounts in accordance with the Financial Reportitlg Stsndaid applicable in the UK and Republic of Ireland {FRS 102) (effective l January 2019),, Financial ReFK)rtiDg Standard 102 The Financial Reporring Sthndard applicabl¢ in the UK and Republi£ of Ireland, and the Companies Aci 2006. The financial statements have been prepared under the hiSrI1 cosi conv¢niion, with the exc¢ption of Investments which are included ar marku value. Trteolne All income is recognised in the stament of Financial Aciivities once th¢ charity has entitlement to the funds. it is probable ihat the iJJcon will be received and the amount ¢an be n#SUred reliably. Expenditure Liabilities are recognised as lIre as sooft as there is a legal or constructive obligation committing the charity to that expenditure, Lt is probable that a transfer of economic benefits will be required in settlement and the amount of th¢ obligation can be measured reliably. ExpendLture is attounted foi on an acctiuls ba51s ar has be¢n classifi¢d under headings that awegaie all cost related to the catrgory. Where Costs cannot be directly arrribud io particular head5ngs they have been allrtated io activities on a basis ¢SIsnI with th¢ use of resources. Tangible flled assets Depreciaiion is provided at ihe following annual rn(es in order to off exh over its estimated useful life. Land & buildings Fixtures and flttings IIP/o 011 COSE aud in xe0rd with the properry I¢Yh on reducing balattce Taxatlo The charity is exempt from cofjyoralion on its ¢lwirabl¢ ac¢ivities. Fund gccounting Unrestricted fiumls can be used in aecordance with the elwithble objectives w the discretion of th¢ tThs. ReStriCd funds ODly be used for particular restricted PUryKJS¢5 within th¢ objects of the charity. Restricuons arise whtn specified by the donoi or filllds ar¢ raised for panicular restricted purposes. Further explanation of the nature and purpo% of ¢ath fund is ihkd irt the noies the financial statement& DONATIONS AND LEGACIES 30.9.22 30.9.21 Donations 46,371 49,074 Page 8 conrinued...
The Millennium Centre St. Hel Ltd Notes io ihe Financial Stai for the Year Ended 30 Se nrs- mber 2022 INVESTMENT INCOME 30.9.22 30.9.21 Rental incotre Inve5trnenl income 38.664 5.708 24.056 2.804 44.372 26.860 INCOME FROM CHAIUTABLE ACTIVITILS 30.9.22 30.9.21 Activity Managenjeni charges Millennium Cenire Tenants MaDagemeDt c[geS Services charges ienants 36.046 439,913 37.408 403.064 475.959 440.472 CHARITABLE ACTIVITTES COSTS Direct COSLS Management charges Millet)nium C¢ntre TeDaDts 27,875 416,133 444.008 r4ET INCOMEJIEXPENDITUHE) N¢t incornel{¢xpendittJre) L5 Stated after charginty(tteditin&)". 30.9.22 30.9.21 Depreciation- owned assets 30.695 25,628 TRUSTEFS. REMUNERATION APID BENEFITS There w¢re no trustees, remwierdtiott or other benefits for the year ended 30 Sept¢rthr 2022 nor for tbe y¢ar ended 30 Septetnber 2021. Tru51ees' UP¢nS¢S There were no trustees, expeiL8es paid for the )rar ended 30 S¢p*mber 2022 Dor for the y¢4r endtd 30 September 2021. Page 9 continued...
The Millennium C ntre Ltd N tes to ¢he Financial Sratemen¢s- conu f r the Year Ended 30 Se tcmber 2022 STAFF COSTS 30.9.22 30.9.21 Wages and salaries 52.272 51,610 52.272 51,610 The averdge n]oothly number ofemployees during the yw was a5 follows.. 30.9.22 30.9.21 io Average nutnber No employees ceIVed eTh}unts in excess of £60.IXKJ. COMPARATIVES FOR THE STATEMENT OF FINAF4CIAL AcrIvrriES Unrestyicied Restri¢ted funds Total ffijnds INCOME AND ENDOWMENTS FROM Donarions and legacies 49.074 49.074 Charitblt sctivlties Manageinent charges Millentlium Centre Tenants 37,408 8.000 J7,408 403,064 395.064 Investtnent incon 26,860 26,860 Tot1 121.342 395.064 516.406 Charit*ble activlfles Management charges General 16.231 7.524 23,755 (8,058) {8.058) 364.256 Millennium Centr¢ TeDants 364,256 Other 127.702 127.702 Total 135.875 371.780 507,655 Nyf INCOMEIIEXPENDrruRE) (14,533) 23284 8.751 RECONCILIATION OF FUNDS Total fimd5 brou8bt forwdrd 1.135,551 225,641 1,361.192 TOTAL FUNDS CARRTED FORWARD 1.121,018 248,925 1,369,943 Page 10 continued...
The Millennium C¢ntre SL Helens Notes to the Financial S(at¢ments- CODiinu for the Year Ended 30 iember 2022 io. TANGIBLE FIXED A&SETS Fixtutes and fltiings land & buildings Motor vehicles rotals COST At l Oetober 2021 Additions 541.705 116.977 54.050 18.729 677,411 54,050 At 30 September 2022 541,705 171.027 18.729 731,461 DEPRECIATtON At l (ktober 2025 ajarge (or year 291.076 15.318 66,325 11.86S 4.682 3.512 362,083 30,695 Ar 30 September 2022 3115,394 78.190 8.194 392.778 NET BOOK VALUE At 30 Scptrmber 2022 235.311 92.837 10.535 338.683 At 30 September 2021 250.629 50,652 14.047 315.328 ii. FtXED ASSET INVESTMENTS 30.9.22 30.9.21 Millennium Centre Trading Ltd 100 There were no iDve51nrnt &gsers outside UK Inv¢5mKnts {n¢ithcr listed [r unlisted) werc as follows= 30.9.22 30.921 Millellnium Centr¢ Trading Ltd loo 12. DEBTORS: AMOUNTS FALLING DUE wrrEllN ONE YEAR 30.9.22 30.9.21 Trade debr$ VAT 199.192 71.583 22.455 199.192 94.038 Page 11 ¢ontinued...
The Millennium Centre SL Helen otes for the the Finan¢ ear Ended al Stat rnents- ntinued r 2022 ij. CREDITORS: AMouNfs FALLING DUE WITHIN ONE YEAR 30.9 22 30.9.21 Trdde credito Social security aThJ other %e$ VAT Int¢rcompany 29.556 3,362 2.970 20.0) 18,709 1,805 55.888 20.514 14. MOVEMENT IN Fuf4DS Nei movement in funds At 1_10.21 At 30.9.22 Unrestrieted futtds Getjeral fund 1,121,018 20.526 1,141.544 Resrri¢t¢d ful$ MillenniuTn centre phase5 1 & 11 Millentuum house 243,839 5.086 23.780 {27.720) 267.619 (22.634) 248.925 13,940) 244,985 TOTAL FUNDS 1.369.943 16,586 1,386,529 Net Mov¢nI in fvnds, ilUded in th¢ aFthe are as follows: tncoming Resources Movement expetKl¢d in fimds Unresirlcted funds Genera] fid 126,788 (106,262) 20,526 Resirlcted funds Millennium centrt ph&ses l & 11 Millennium hous¢ 439.913 (416,133) (27.721) 23,780 (27,720) 439,914 (443,854) (3,940) TOTAL FUNDS 566.702 (550,116) 16,586 Pag¢ 12 ¢ontinu¢d...
The Millennium Cenire St. Helens te the Finan tat for the Year End¢d 30 Se Tnents - C lltinued tember 2022 14. MoVEfvIEr IN FUNDS. continued Comparatlves for movement in fund5 Net movem¢nt in fitnds Ai 1.10.20 At 30.9.21 Unrestrlcted funds General fund 1,135.551 {14.533) 1,121,018 R¢strlcted funds Millennium centre phases I & Il Mrllenntum house 213.746 11.895 30.093 {6,809) 243,839 5,086 225,641 23,284 248,925 TOTAL FUNDS 1.361,192 8,751 1.369,94J Comparative net movemeni in included in the aiM)ve 3r¢ as follo.. Resources expeTMled Mtsvemenl in funds resourc¢s Unrestrlcted funds General fimd 121.342 {135,875) (14.533) Restrieted fvnds Millennium cenire phases l & Il MilleTLnium house 394.349 715 {364.256) (7.524) 30,093 (6,809) 395.064 (371.780) 23.284 TOTAL FUNDS 516.406 {507,655) 8.751 A curr¢nt year 12 months and prior year 12 nnttL% combiwl posiiion is as follows.. Net nx)vemertt At 1.10.20 At 30.9.22 Unr¢$trirted fuDd$ General fimd 1.135,551 5.993 1,141.544 Restricted funds Millenniurn ¢entr¢ phas¢s 1 & ll Mill¢nDium house 213,746 11,895 53,873 (34.529) 267,619 (22.634) 225,641 19,344 244.985 TOTAL FUNDS 1.361,IY2 25,337 1,386,529 Page 13 continued...
The Millennium Centre St. Helens Ltd N tes to rhe Finartcial stsnts- continued for the Year Ended 30 Se tember 2022 14. MOV£MENT IN FUT4DS. contillued A currertt year 12 months and prior year 12 rnonths combined net TVernet in fimds, included in Ihe above are as follows.. Resources expended Movemeni in funds resources UDresiritted funds General fid 248.130 {242,137) 5,993 Restricied funds Millennium centre plwe5 1 & 11 Millennium hous¢ 834.262 716 (780.389) (35.245) 53.873 {34,5291 834.978 (815.634) 19,344 TOTAL FUNDS 1.083.108 (1,057,771) 25.337 15. RELATED PARTY DISCLOSURES There were no rela*d party transactions for the year ended 30 September 2022. Page 14
The Millennium Centre Si. H lens Ltd DeLqiled Staiemeot of Financial Activities for the Year Ended 30 Se tem r 2022 30.9.22 30.9.21 INCOME AND ENDOWMENTS DoDations legeies Donations 46,J71 49,074 Investmenl income Renthl irtcorne Invesrm¢nÈ in¢¢)me 38.664 5,708 24,056 2,804 44,372 26,860 Charitable activides Malg£M£t charges Services ¢lwges tenants 36.046 439,913 37,408 403,064 475,959 440.472 Total ineoming res0ree5 566,702 516,406 EXPENDITURE Charliable c¢ivltie$ Milletmium cetttre ttDants Cost Millennium hous¢ cost Rates 416.11! 27.721 154 -164,2.56 7,524 8,173 444.008 379,953 Other Wages Insurance Motor and trdvelling Telephone and o(fice supplies Management and consultsncy Legal & accountancy cost Batth Charges Swidry expenses Cleaning expenses Membershtps Refijse exp¢ns¢s Computrrlsoftware maintenance Freehold propety Fixtures and flttings Computu equipment 52272 1.248 3.364 4,760 8,041 2,625 51,610 1,461 2.877 7,236 12,529 4,745 80 10.877 2,869 3,970 981 2,839 15,318 5,628 4,682 635 95 225 2,102 15.318 11,865 3,512 106.108 127,702 "s page drts DOI forn) part of the statutory fiDan¢ial ststements Page 15
nnium entre St. Helens Der2iled Statement of for the Year Ended 30 al Activitie lember 2022 30.9.22 30.9.21 To1 resources expended 550.116 507,655 Net IDeome 16,586 8,751 This page does not fom) pan of the statOry fmancial ststements Page 16