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|Trustees'
Annual
Report|||
|Statements
ofTrustees'|Responsibilities||
|Independent
Examiner's|Report||
|Statement
of Financial Activities|||
|Balance Sheet|||
|Notes to the Financial Statements||10|
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|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE||DETAILS|DETAILS||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|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||of|Trustees||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|||||||||||||
|||||J Jagne
H Milne|||||||(Resigned
(Resigned||12'"April 2023)
25'" October 2023)||||
|||||R Ross-Williams|||||||||||||
|Board Advisor||||E Bowman,||John Moores|||Foundation||||||||
|Independent|||Examiner|Paula Sanchez,|||ACCA||||||||||
|||||c/o LCVS|||||||||||||
|||||151 Dale|Street,||||||||||||
|||||Liverpool,|||||||||||||
|||||L2 2AH|||||||||||||
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||||Notes|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds|Funds|
|||||2023|2023|2023|2022|
|Income and endowments||||||||
|from||||||||
|Donations
and legacies|||3a|420||420||
|Charitable
activities|||3b|118,318|140,858|259,176|249,911|
|Other income|||3c|265,766||265,766||
|Total income||||384,504|140,858|525,362|249„911|
|Expenditure
on||||||||
|Charitable
activities||||136,525|160,316|296,841|335,025|
|Total expenditure||||136,525|160,316|296,841|335„025|
|Nei income/(expenditure),
movements
in funds||net||247,979|(19,458)|228,521|(85,114)|
|Total funds brought|forward||10-11|751,367|20,958|772,325|857,439|
|Total funds carried|forward||9-'I 'I|999,346|1,500|1,000,846|772,325|
|KUUMBA IMANI MILLENNIUM|KUUMBA IMANI MILLENNIUM|KUUMBA IMANI MILLENNIUM|CENTRE LIMITED|CENTRE LIMITED|Company|Number: 03970577|
|---|---|---|---|---|---|---|
|BAI ANCE SHEET AS AT30»|||MARCH 2023||||
||||Notes||30'"March 2023|30'"March 2022|
|Fixed assets|||||||
|Tangible fixed assets|||5||1,080,753|1,092,732|
|Current assets|||||||
|Debtors|||||985|2,367|
|Cash at bank and in||hand||7,825||180|
|||||8,810||2,547|
|Current liabilities|||||||
|Creditors: amounts
due within one year|falling||7|(88,717)||(63,463)|
|Net current (liabilities)/assets|||||(79,907)|(60,916)|
|Total assets less current
liabilities|||||1,000,846|1,031,816|
|Creditors: amounts
after one year||falling due||||(259,491)|
|Net Assets|||||1,000,846|772,325|
|Funds:|||||||
|Unrestricted
funds|||9,10||999,346|751,367|
|Restricted funds|||9,11||1,500|20,958|
||||||1,000,846|772,325|
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|||||Unrestricted||Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||Funds||Funds|Funds|Funds|
|||||2023||2023|2023|2022|
|b. Charitable
activities:||||E||E|E||
|Citizen Advice||||||2,000|2,000||
|Contract income||||18,000|||18,000||
|HMRC Job Retention|Scheme|||||||8,588|
|John Moores Foundation||||||||10,000|
|Liverpool
City Council
Support|Business|||||||12,000|
|Liverpool
City Council|Energy||Grant|||||4,000|
|Liverpool
City Region|—Merseytravel|||||12,680|12,680|42,108|
|Merseyside
Police||||||4,000|4,000||
|National
Lottery Community||Fund||||89,059|89,059|44,529|
|National
Lottery Reaching
Communities||||||||50,382|
|Rank Foundation||||||25,000|25,000|12,179|
|Rank Foundation
—Mental||Health||||8,119|8,119||
|Rental 8 conference
income||||100,318|||100,318|66,125|
|||||118„318||140,858|259,176|249,911|
|Income from charitable|activities||in 2022|comprised f86,713unrestricted|||funds and|2163,198|
|related to restricted
funds.|||||||||
|c. Other Income||||E||E|E||
|Loan written
off||||265,766|||265,766||
|3.Expenditure
on charitable||activities|||||||
|||||Direct.||Support 8|||
|||||Charitable|Governance||Total|Total|
|||||Expenditure||Costs|2023|2022|
|||||E|||E||
|Provision
of office space and
conference
facilities and project|||delivery|151,598||145,243|296,841|335,025|
|a. Analysed
as follows:|a. Analysed
as follows:||||
|---|---|---|---|---|
|Direct charitable|expenditure:||2023f|2022
F|
|Staff salary costs|||97,692||
|Pension|||1,851||
|Activities
and events|||13,343|1,600|
|Project delivery||||32,210|
|Sessional fees|||5,808||
|Volunteer expenses|||217||
|Utilities|||21,781|33,436|
|Rates|||4,190|3,021|
|Repairs and maintenance|||6,716|4,137|
||||151,598|74,404|
|Support 8 Governance||costs:|2023f|2022|
|Staff salary costs|||93,091|180,606|
|Pension|||1,674|3,226|
|Telephone|||2,709|2,630|
|Printing,
postage|and|stationery||'l,785|
|Advertising
and publicity||||8,450|
|Security costs||||2,316|
|Equipment
hire and photocopier|||'l,608|2,762|
|Cleaning
and waste disposal|||5,915|1,349|
|Legalfees|||493||
|Insurance|||7,988|7,594|
|Training|||11,928|'I,060|
|Travel expenses|||1,456||
|Consultancy||||22,285|
|Loan interest|||761|479|
|Recruitment||||165|
|Computer
costs|||2,040|5,643|
|Office costs|||960|5,068|
|Companies
House|||13|13|
|DBSfees||||176|
|Payroll fees|||816|1,100|
|Accountancy|||1,427|1,320|
|Bank charges|||385|363|
|Depreciation|||11,979|12,231|
||||145,243|260,621|
|Total expenditure
activities|on charitable||296,841|335,025|
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|N|OTES TO THE FINANCIAL
STATEM|ENTS FOR THE YEAR E|NDED30|
|---|---|---|---|
|b.|Staff Costs|2023|2022|
|||E|E|
||Staff salaries|181,397|172,102|
||Social security costs|9,386|8,504|
||Pension costs|3,525|3,226|
|||194,308|183,832|
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||No out-of-pocket expenses were reimbu|rsed
to trustees|in the year (|2022: anil).|
|---|---|---|---|---|
|4.|Tangible Fixed Assets||||
|||Leasehold|Office|Total|
|||Property|Equipment||
||Cost||||
||As at31"March 2022|3,111,678|30,565|3,142,243|
||Additions||||
||Balance as at 30'" March 2023|3,111,678|30,565|3,142,243|
||Accumulated
Depreciation
As at31"March 2022|2,025,475|24,036|2,049,511|
||Charge for the year|10,346|1,633|'I 1,979|
||Balance as at 30'" March 2023|2,035„821|25,669|2,061,490|
||Net Book Value at 30'" March 2023|1,075,857|4,896|1,080,753|
||Net Book Value at 30'" March 2022|1,086,203|6,529|1,092,732|
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|||Tangible|Fixed|Net Current||Creditors|due|Total|
|---|---|---|---|---|---|---|---|---|
||||Assets|Liabilities||More than|one||
||||||||year||
|Unrestricted|Funds||E|E||||E|
|General
Fund||1,080,753||(81,407)||||999,346|
|Restricted
Funds|||||||||
|Rank Foundation||||1,500||||1,500|
|||||1,500||||1,500|
|Total Funds||1,080,753||(79,907)||||1,000,846|
|||Tangible|Fixed|Net Current||Creditors|due|Total|
|2022||Assets||Liabilities||More than|one||
||||||||year||
|Unrestricted|Funds||E|F||||E|
|General
Fund||1,092,732||(81,874)|i|(259,491)||751,367|
|Restricted
Funds|||||||||
|John Moores|Foundation|||10,000||||10,000|
|Liverpool
City
Energy Grant|Council|||4,000||||4,000|
|Liverpool
City
Merseytravel|Region-|||6,958||||6,958|
|||||20,958||||20,958|
|Total Funds||1,092,732||(60,916)||(259,491)||772,325|
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|||||Movements|in the Year||
|---|---|---|---|---|---|---|
||2023||Funds|Income|Expenditure|Funds|
|||at|beginning|||at end|
||||ofyear
E|f||ofyear|
|General|Fund||751,367|384,504|(136,525)|999,346|
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|||||Movements|in the Year||
|---|---|---|---|---|---|---|
||2022||Funds|Income|Expenditure|Funds|
|||at|beginning|||at end|
||||ofyear|||ofyear|
|||||F||F|
|General|Fund||709,231|86,713|(44,577)|751,367|
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|Restricted
Funds|||||
|---|---|---|---|---|
|||Movements|in the Year||
|2023|Funds|Income|Expenditure|Funds|
||at beginning|||at end|
||ofyear|||ofyear|
||F||||
|Citizen Advice||2,000|(2,000)||
|John Moores Foundation|10,000||(10,000)||
|Liverpool
City Council
Energy Grant|4,000||(4,000)||
|Liverpool
City Region-
Merseytravel|6,958|12,680|(19,638)||
|Merseyside
Police||4,000|(4,000)||
|National
Lottery
Community
Fund||89,059|(89,059)||
|Rank Foundation||25,000|(23,500)|1,500|
|Rank Foundation—
Mental
Health||8,119|(8,119)||
||20,958|140.858|(160,316)|1,500|
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