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|Trustees'
Annual
Report|||
|Statements
of Trustees'|Responsibilities||
|Independent
Examiner's|Report||
|Statement
of Financial|Activities||
|Balance Sheet|||
|Notes to the Financial Statements||10|
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|REFERE|NC||E AND ADMI|NISTRATIVE
DET|NISTRATIVE
DET|AILS|AILS|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Name||||Kuumba
Imani||Millennium||Centre|Limited|||||
|Company||number||03970577||||||||||
|Charity|number|||1091041||||||||||
|Registered|||Office|4 Princes Road||||||||||
|||||Liverpool||||||||||
|||||Merseyside||||||||||
|||||L8 1TH||||||||||
|Board ofTrustees||||The Board|ofTrustees are also its||||Directors.||Members are elected|||
|||||by Annual|General||Meetings
of the members|||||of the council|in|
|||||accordance|with the||Articles ofAssociation.|||||||
|Trustees||||R. Bashir||||||||||
|||||L. Castilho||||||||||
|||||H Milne|(Appointed|||21 October||2020)||||
|||||J.Jagne||||||||||
|||||R Ross-Williams||||||||||
|Board Advisor||||E Bowman,|John Moores|||Foundation||||||
|Independent|||Examiner|Graham
Wright||BA|(Hons), FCA DChA,|||||||
|||||c/o Liverpool
Charity|||and|Voluntary||Services||||
|||||151 Dale Street,||||||||||
|||||Liverpool,||||||||||
|||||L2 2AH||||||||||
|Bankers||||NatWest
Bank||||||||||
|||||5 Oxford Street||||||||||
|||||Liverpool||||||||||
|||||L7 7HL||||||||||
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|||Notes|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
||||2021|2021|2021|2020|
|Income and endowments|||||||
|from|||||||
|Donations
and legacies||3a||||1,000|
|Charitable
activities||3b|92,621|263,385|356,006|183,000|
|Total income|||92,621|263,385|356,006|184,000|
|Expenditure
on|||||||
|Charitable
activities||4|171,742|124,737|296,479|231,941|
|Total expenditure|||171,742|124,737|296,479|231,941|
|Net (expenditure)|Iincome||(79,121)|138,648|59,527|(47,941)|
|Total funds brought|forward|10-11|788,352|9,560|797,912|845,853|
|Total funds carried forward||9-11|709,231|148,208|857,439|797,912|
|KUUMBA IMANI MILLENNIUM|KUUMBA IMANI MILLENNIUM|KUUMBA IMANI MILLENNIUM|CENTRE LIMITED|CENTRE LIMITED|Company|Number: 03970577|
|---|---|---|---|---|---|---|
|BALANCE SHEET|AS|AT 30rri|MARCH 2021||||
||||Notes||30'"March 2021|30'"llllarch 2020|
||||||8|8|
|Fixed assets|||||||
|Tangible fixed assets|||||1,102,983|1,107,101|
|Current assets|||||||
|Debtors|||6||1,530|9,158|
|Cash at bank and|in hand|||59,450|||
|||||60,980||9,158|
|Current
liabilities|||||||
|Creditors; amounts|falling||||||
|due within one year|||7|(47,033)||(52,202)|
|Net current assetsl(liabilities)|||||13,947|(43,044)|
|Total assets less
liabilities|current||||1,116,930|1,064,057|
|Creditors: amounts
after one year||falling due|||(259,491)|(266,145)|
|Net Assets|||||857,439|797,912|
|Funds:|||||||
|Unrestricted
funds|||9,10||709,231|788,352|
|Restricted
funds|||9,11||148,208|9,560|
||||||857,439|797,912|
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|b.Charitable
activities:|b.Charitable
activities:|||||E|E|E|
|---|---|---|---|---|---|---|---|---|
|Awards
for All —Celebrate||L8||||||6,300|
|Big Lottery Fund —Reaching|||Communities|||99,358|99,358|48,975|
|Power to Change -|Emergency|||Covid||60,531|60,531||
|HMRC Job Retention
Scheme|||||17,334||17,334||
|John Moores Foundation||||||10,000|10,000|10,000|
|LCR —Merseytravel||||||42,108|42,108||
|Liverpool
City Council —Business support|||||25,000||25,000||
|LCVS VRU||||||||5,358|
|National
Museums|Liverpool —Happy Older|||||||300|
|People|||||||||
|The British Council||||||1,564|1,564|10,652|
|The National
Lottery —Coronavirus||||||49,824|49,824||
|Community
Support|||||||||
|P H Holt||||||||5,000|
|Rent 8 Conference|Income||||50,287||50,287|96,415|
||||||92,621|263,385|356,006|183,000|
|4. Expenditure
on charitable||activities|||||||
||||||Direct|Support 6|Total|Total|
||||||Charitable|Governance|2021|2020|
||||||Expenditure|Costs|||
||||||E|E|E|E|
|Provision ofoffice space and|||conference||||||
|facilities and project|delivery||||||||
||||||42,056|254,423|296,479|231,941|
|a.Analysed
as follows:|||||Total||Total||
|||||||2021|2020||
|Direct charitable
expenditure:||||||E|||
|Catering expenses|6 other|activities||||79|700||
|Project delivery|||||41,977||26,282||
||||||42,056||26,982||
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|Support
& Governance|Support
& Governance|costs:|||
|---|---|---|---|---|
|Staff salary|costs||159,632|139,337|
|Heat, light,|rates and|telephone|33,816|28,444|
|Printing,
postage and||stationery|1,123|2,803|
|Maintenance|||6,045|4,969|
|Security costs|||2,195|1,517|
|Equipment|hire and photocopier||1,518|699|
|Cleaning
and waste disposal|||2,781|3,077|
|Professional|and legal fees||4,104|5,627|
|Insurance|||6,339|6,068|
|Training|||2,650||
|Travel|||513||
|Consultancy|||7,056||
|ACF Loan interest|||6,654|(2,518)|
|Computer
costs|||3,953|1,700|
|Office costs|||2,175||
|Sundries|||414|1,597|
|Accountancy|||725|756|
|Bank charges|||372|470|
|Depreciation|||12,358|10,413|
||||254,423|204,959|
|b.Staff Costs|2021|2020|
|---|---|---|
|||E|
|Staff salaries|145,896|132,939|
|Social security costs|10,907|4,492|
|Pension costs|2,829|1,906|
||159,632|139,337|
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|5.|Tangible Fixed Assets||||
|---|---|---|---|---|
|||Leasehold|Office|Total|
|||Property|Equipment||
||Cost|||f|
||As at31"March 2020|3,111,678|20,345|3,132,023|
||Additions||8,240|8,240|
||Disposals
during
the period||||
||Balance as at 30th March 2021|3,111,678|28,585|3,140,263|
||Accumulated
Depreciation
As at31"March 2020|2,004,783|20,139|2,024,922|
||Charge for the period|10,346|2,012|12,358|
||Depreciation
on disposals||||
||Balance as at 30th March 2021|2,015,129|22,151|2,037,280|
||Net Book Value at 30th March 2021|1,096,549|6,434|1,102,983|
||Net Book Value at 30th March 2020|1,106,895|206|1,107,101|
|6.|Debtors||||
|||2021|2020||
||||E||
||Trade debtors|1,530|9,158||
|||1,530|9,158||
|7.Creditors: amounts|7.Creditors: amounts|falling due within one year|falling due within one year||
|---|---|---|---|---|
||||2021|2020|
|||||E|
|Bank overdraft||||9,592|
|Trade creditors|&accruals||18,084|9,592|
|Tax and social|security costs||19,628|13,437|
|VAT liability|||8,321|14,581|
|Other creditors|||1,000|5,000|
||||47,033|52,202|
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|||||2021|2020|
|---|---|---|---|---|---|
|||||K|E|
|Adventure|Capital|Fund|loan|259,491|266,145|
|9.Analysis
of Net Assets between|9.Analysis
of Net Assets between|9.Analysis
of Net Assets between|Funds|||||
|---|---|---|---|---|---|---|---|
|||||Tangible|Fixed|Other Net|Total|
||||||Assets|Liabilities||
|||||||8||
|Unrestricted|Funds|||||||
|General
Fund||||1,102,983||(393,752)|709,231|
|||||1,102,983||(393,752)|709,231|
|Restricted|Funds|||||||
|Big Lottery|Fund —Reaching|Communities||||86,547|86,547|
|Power to Change - Emergency|||Covid -19|||16,762|16,762|
|LCR - Merseytravel||||||40,798|40,798|
|LCVS VRU||||||601|601|
|The National|Lottery —Coronavirus|||||3,500|3,500|
|Community|Support|||||||
|||||||148,208|148,208|
|Total Funds||||1,102,983||(245,544)|857,439|
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|Unrestricte|d|Funds||||||
|---|---|---|---|---|---|---|---|
|||||Movements|in the|Year||
||||Resources|Income|Expenditure||Resources|
||||at beginning||||at end|
||||ofyear
E|E||f|ofyear
E|
|General
Fund|||788,352|92,621|(171,742)||709,231|
|The General||Fund is used to finance the charitable||company's|general|activities|as outlined|
|in the Trustees'
Report.||||||||
|Restricted|Funds|||||||
|||||Movements|in the|Year||
||||Resources|Income|Expenditure||Resources|
||||at beginning||||at end|
||||ofyear||||ofyear|
||||F|||6||
|Big Lottery||Fund-||99,358||12,811|86,547|
|Reaching|Communities|||||||
|Power to Change-||||60,531||43,769|16,762|
|Emergency||Covid -19||||||
|John Moores Foundation|||7,379|10,000||17,379||
|LCVS VRU|||931|||330|601|
|LCR —Merseytravel||||42,108||1,310|40,798|
|PH Holt|||1,250|||1,250||
|The British|Council|||1,564||1,564||
|The National||Lottery-||49,824||46,324|3,500|
|Coronavirus||Community||||||
|Support||||||||
||||9,560|263,385|124,737||148,208|
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