Company registration number: 04468629 Charity registration number: 1095180
Asylum Link Merseyside
(A company limited by guarantee) Annual Report and Financial Statements
for the Year Ended 30 June 2024
GRC Accountants Limited 166 Banks Road West Kirby Wirral Merseyside CH48 0RH
Asylum Link Merseyside
Contents
| Trustees' Report | 1 to 4 |
|---|---|
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 to 16 |
Asylum Link Merseyside
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 30 June 2024.
Legal and Administrative Information
Constitution
Asylum Link Merseyside (ALM) is a registered charity formed initially as an unincorporated association by a constitution adopted on 3rd April 2001 and amended on 26th September 2001. A company limited by guarantee was registered at Companies House on 25th June 2002 (No.4468629) under the same name with a Memorandum and Articles embodying the same objects as those in the constitution of the unincorporated body. The company was registered by the Charity Commission on 23rd December 2002 (No. 1095180).
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Bill Chambers Emad Lilo Paula Grey Bridie Sharkey (resigned 8 April 2024) Tim Beaumont Zabihulla Enayet Steven Hawkins Michael Morris Mrs Terry Phillips (appointed 3 June 2024) Catherine McCarron (appointed 14 October 2024) Chairman: Denia Kincade Secretary: Garrick Prayogg Other Officers: Damian McDonald, Treasurer
Page 1
Asylum Link Merseyside
Trustees' Report
Structure, governance and management
Reference and Administrative Details
Charity Registration Number: 1095180 Company Registration Number: 04468629 Registered Office: ST ANNE'S CENTRE OVERBURY STREET LIVERPOOL MERSEYSIDE L7 3HJ Independent Examiner: GRC Accountants Limited 166 Banks Road West Kirby Wirral Merseyside CH48 0RH Bankers: CAF Bank The Co-operative Bank plc
Statement of trustees' responsibilities
The trustees (who are also the directors of Asylum Link Merseyside for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Page 2
Asylum Link Merseyside
Trustees' Report
Trustees and officers
Trustees and officers bring with them particular skills and experience which are of great benefit to the charity. Board meetings are normally held every six to eight weeks and the work of the charity is further supported by the fundraising subgroup of Trustees who meet more regularly. Also small subgroups of trustees have been involved in various negotiations to obtain additional premises space for ALM, in undertaking staff reviews and helping with HR matters.
Objectives and activities
The objectives of ALM are:
the relief of refugees and asylum seekers in Merseyside and adjacent areas who are in conditions of need, hardship or distress, a) particularly, but not exclusively through the provision of information, advice, guidance and assistance,
to advance the education of the public, other statutory and voluntary organisations, and asylum seekers in order to assist their b) inclusion into the wider community.
The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Review of developments 2023-2024
This was a turbulent period with an election looming and much debate over the treatment of Asylum Seekers by politicians and the wider media. The use of the Rwanda Scheme, the Bibby Stockholm Barge and the proposal of large army bases for long-term holding of Asylum Seekers, made many people anxious. The backlog in initial Asylum Decisions had risen to ridiculous levels: 170,000+ people needed to be dealt with and the Government’s approach was to issue 110,000 fast track questionnaires to countries where the majority of Asylum claims were allowed. The effect was to empty out people from the Asylum process, from August 2023, making many homeless as a result.
ALM was able to offer food and housing to some but the majority of the burden fell on the Merseyside Refugee Support Network, which is housed alongside us in St Anne’s. This continued unabated for the next year until the election brought a brief respite.
Despite huge pressure on the centre, the team continued to work with thousands of people – over 900 for casework, over 1000 accessing the clothes store and over 50,000 plates of food produced through the kitchen.
Our Destitution project was diminished through the loss of 2 houses, the first returned to the landlord due to lack of funds and the second because the owner needed it for other purposes. However, we have retained one house used for female asylum seekers which has also been used to assist many through the Refugee homeless crisis.
The Action Asylum project, providing wellbeing and integration opportunities, was in its second full year, continuing to expand and develop. During May 2024 it generated 1724 volunteer hours with 122 volunteers. It was also expanding nationally working with partners in other cities across the UK. We are indebted to Anthony Steen and the Task Force Trust for their funding and support to deliver this programme.
The ESOL classes continued and were augmented with the Women Only classes two days per week run in conjunction with MRSN and the Expanded Women’s Group. These classes allowed specific Health messaging for women to be delivered.
During the year we also began introducing further health teams into the building, with the TB Team, Live Well Bus, Axcess Sexual Health Team visiting and others. This is helping ALM become a gateway to health services for the people using the centre.
Continuing the Wellbeing theme, the Choir expanded its reach through the year, working with different projects including the Voices Weaving programme, co writing with local artists and choral composers, with 20 performances though the year.
The charity has recovered from a relatively weak financial position in the later part of 2023, to a more stable position by the year end.
Thank you to everyone who assists and supports the organisation to maintain its place at the heart of the Asylum System in Liverpool. The staff, volunteers and trustees, all give ALM its distinctive, welcoming and hardworking outlook and to our funders, donors and supporters, we are once again indebted to you for keeping us going.
Page 3
Asylum Link Merseyside Trustees, Report runding Once again we a huge Ihank you to Barry Cooper tor1115 e¥celleni bid writin8 M,hi¢h continued Ihrou8hout the period, as ivell as the et'lorts ot ihc Fundraising'l ¢atn Onlin¢ givin¥ has risen Ihrougli ihe year. The income for tlie year was £463k, bein8 a in¢rLase ot. £13k over lh¢ previous year. Overall expenditure was do%vn £30k on th¢ previous year ai £443k. This r¢ll¢¢t¢d th¢ redu¢tion in exiernallv tundcd 4¢¢ivill¢S. N¢( income lor Ihe year w&8 £19k12023: cipenditure £22kl which has incr¢abed ¢10sin8 reserves 10 £248k. Adniini%tr#iion and Finance Our reswnsibiliii¢s as eiiiplo5'ers are overseen, revieEd and updated as n¢c¢ssary b> the Board ol- Truste¢s. At preseni do not have eKieiiial 5uppurl for Huiiian R¢sourcL'S. but hope to en8age %uch supI)ori in lh¢ luiure. ie auioinaii¢ pension scheme ts willi Nf.s1' ond co-ordinaled tor us by GRC A¢counlan15 1.Id. Our salary sch¢iii¢, publish¢d a¢¢ounis production and independent examination ar¢ ¢onducied by GRC ALcouniants Lid Tli¢ annual repon wa5 approved by the Irusiee5 Ot'il)e charity on l)Ini4Tr Kineade C hoir Page 4
Asylum Link Mer5eyside
Independent Examiner's Report to the trustees of Asylum Link MerseysSde ('the
Company,)
I rcporf lo thc charity trustccs on my Qxamination of lh¢ accoun15 ufihL Company for thc ycar cndcd 30 June 2024.
Responslbiiiilei ind basis of report
A.4 thc ¥hdrii) s IruslCCS of the Company lild dlso 115 dire¢tors for Ihc purposes of Eumpaiiy lawl you dre T¢SPOrtsible foT the prepuTlttion of
Iht accoun1.4 ID a¢¢ordance w'ith lh¢ requircrncnls of Ihe Coinpani¢5 A¢1 20061'ih¢ 21H)6 Act'l.
Flavinb Sdiisfied my%L'lf thai Ihe aicounis of the Company Jre noi rcquir¢d lu be audilcd under Part Ih ol. the 200h Acl and arL' L'ligiblL for
indepcndenl examination, I I¢rt in respect of my examinalion trf y()iir chaTily'% accounlq aq carriid uiii under s¢clion 145 1)f Ihc ChariiiL
Aci 101 I I'ihe in I l Acl'l. In Larryingt out rny Examination I havL. fullowed the Directions grtvcn by IhL' C.harily ('ommi85ion linder SCLliiin
145ISHbl ofihL 2011 Act.
I{pl,dent ex4mlD¢ir's stAlement
iii¢¢ th¢ Conip
Asylum Link Merseyside
Statement of Financial Activities for the Year Ended 30 June 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income and Endowments from: Donations and legacies 3 Charitable activities 4 Investment income 5 Other income Total income Expenditure on: Raising funds Charitable activities Other expenditure Total expenditure Net income Transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 15 Note Income and Endowments from: Donations and legacies 3 Charitable activities 4 Investment income 5 Other income Total income Expenditure on: Raising funds Charitable activities Other expenditure Total expenditure Net (expenditure)/income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 15 |
Unrestricted funds £ 275,243 25,212 1,091 11,144 312,690 (1,563) (7,401) (293,236) (302,200) 10,490 106,012 116,502 117,631 234,133 Unrestricted funds £ 200,369 26,445 445 10,700 237,959 (1,904) (26,684) (259,906) (288,494) (50,535) (50,535) 168,166 117,631 |
Restricted funds £ 149,773 240 - - 150,013 - (34,572) (106,539) (141,111) 8,902 (106,012) (97,110) 111,140 14,030 Restricted funds £ 212,369 - - - 212,369 - (47,810) (136,670) (184,480) 27,889 27,889 83,251 111,140 |
Total 2024 £ 425,016 25,452 1,091 11,144 |
|---|---|---|---|
| 462,703 | |||
| (1,563) (41,973) (399,775) |
|||
| (443,311) | |||
| 19,392 - |
|||
| 19,392 228,771 |
|||
| 248,163 | |||
| Total 2023 £ 412,738 26,445 445 10,700 |
|||
| 450,328 | |||
| (1,904) (74,494) (396,576) |
|||
| (472,974) | |||
| (22,646) | |||
| (22,646) 251,417 |
|||
| 228,771 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 15.
The notes on pages 8 to 16 form an integral part of these financial statements. Page 6
Asylum Link Merseyside (Registration number: 04468629) Balance Sheet as at 30 June 2024 2024 2023 Fixed assets Tan8ible asseis 669 739 Curi'eni assets Debior5 12 19,744 8.445 19,452 209,275 Casli at bank and in hand 248.189 228.727 Crediiors: Amounls flllng dut wlihin ont ytr 169)) 16951 Ptl turvtni Assets 747.494 ??8.03? ei llsseis ?48.163 ??8.771 Fylld% of the chrit)': Restricted iiiCOlTie fund% 15 14.030 Ilnre¥tricltil Intoiht UnrL%tI'lLIL'd lunds 34.133 117,630 T¢btAI funds 248.163 228 771 For ¢lii Iinancial ei)din8 30 Jun¢ 2024 111¢ ¢hariiy IV entitled to exeinplion Iiom audii under section 477 ot. tlit Compllnies Aci 2006 Direclors, I'estx)nsibiliiie5'. Th¢ m¢mb¢rs hav¢ not r¢quii'¢d th¢ ¢harity 10 obmin an audit ot. lis accounis tor Ihe >ear in quesiiun In a¢¢ordan¢e wiih s¢¢iion 476., ond TIIL dirLLtoi's dcknoii,led8e Iheir r¢sponsibiliiies for ¢ompl>'i118 wiLh the requirements ot. the Aei 'Ith respect 10 oc¢oun¢in8 record$ and the prepiirati()i) 01.lI)Unt.%. Th¢ linanclal staiernents oli pages 6 10 16 were approved by the Iruslccs, and auihori$ed tor issue oil by: lid %ign¢d oil ih¢ir b¢h41f nia Kiiicudc Chairman The noies on page5 8 10 16 torni an Iiitegral part ol-tlicse financial slateiiientS. Pag¢ 7
Asylum Link Merseyside
Notes to the Financial Statements for the Year Ended 30 June 2024
1 Charity status
The charity is limited by guarantee, incorporated in , and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £5 towards the assets of the charity in the event of liquidation.
The address of its registered office is:
ST ANNE'S CENTRE OVERBURY STREET LIVERPOOL MERSEYSIDE L7 3HJ
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with 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 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
Asylum Link Merseyside meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
The financial statements are prepared in sterling which is the financial currency of the entity.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Page 8
Asylum Link Merseyside
Notes to the Financial Statements for the Year Ended 30 June 2024
Donated services and facilities
Income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
Income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Gift aid
Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Raising funds
Expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
Charitable activities
Charitable expenditure 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 those costs of an indirect nature necessary to support them.
Other expenditure
Other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, indemnity insurance, strategic management and trustees’s meetings and reimbursed expenses.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £500.00 or more are initially recorded at cost.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Furniture Office equipment
Depreciation method and rate 25% reducing balance 30% reducing balance
Page 9
Asylum Link Merseyside
Notes to the Financial Statements for the Year Ended 30 June 2024
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Fund structure
The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully monitor the application of those funds in accordance with the restrictions placed upon them. Designated funds are unrestricted funds earmarked by the trustees for particular purpose. There is no formal policy of transfer between funds or on the allocation of funds to designated funds. Any other proposed transfer between funds would be considered on the particular circumstances
Page 10
Asylum Link Merseyside
Notes to the Financial Statements for the Year Ended 30 June 2024
3 Income from donations and legacies
| Donations and legacies; Donations Grants, including capital grants; Grants Total for 2024 Total for 2023 4 Income from charitable activities Total for 2023 5 Investment income Interest receivable and similar income; Interest receivable on bank deposits Total for 2024 Total for 2023 |
Unrestricted funds General £ 102,300 172,943 275,243 200,369 |
Restricted funds £ 1,574 148,199 149,773 212,369 Unrestricted funds General £ 37,145 Unrestricted funds General £ 1,091 1,091 445 |
Total funds £ 103,874 321,142 |
|---|---|---|---|
| 425,016 | |||
| 412,738 | |||
| Total funds £ 37,145 |
|||
| Total funds £ 1,091 |
|||
| 1,091 | |||
| 445 |
Page 11
Asylum Link Merseyside
Notes to the Financial Statements for the Year Ended 30 June 2024
6 Analysis of governance and support costs
Charitable activities expenditure
| Basis of allocation Service Provided Governance Basis of allocation Service Provided Grants to services users Governance Other resources expended Basis of allocation Gross wages and salaries Employers' NI - Charitable activities Pensions Volunteers' Costs Travel Subscriptions Depreciation of assets Premises General office & finance Communications Basis of allocation Gross wages and salaries Employers' NI - Charitable activities Pensions Volunteers' Costs Travel Subscriptions Depreciation of assets Premises General office & finance Communications |
Unrestricted funds General £ 5,727 3,907 9,634 Unrestricted funds General £ 20,494 2,360 3,829 26,683 Unrestricted funds General £ 120,376 10,383 5,567 28,974 1,551 1,544 148 24,824 41,957 3,980 239,304 Unrestricted funds General £ 105,974 9,274 5,381 27,972 6,564 2,772 138 39,804 62,797 3,957 264,633 |
Restricted funds £ 32,339 - 32,339 Restricted funds £ 27,009 20,800 - 47,809 Restricted funds £ 116,023 11,487 5,139 850 178 410 120 1,035 24,561 180 159,983 Restricted funds £ 108,268 10,636 5,958 135 - - 172 1,257 6,299 315 133,040 |
Total 2024 £ 38,066 3,907 |
|---|---|---|---|
| 41,973 | |||
| Total 2023 £ 47,503 23,160 3,829 |
|||
| 74,492 | |||
| Total 2024 £ 236,399 21,870 10,706 29,824 1,729 1,954 268 25,859 66,518 4,160 |
|||
| 399,287 | |||
| Total 2023 £ 214,242 19,910 11,339 28,107 6,564 2,772 310 41,061 69,096 4,272 |
|||
| 397,673 |
Page 12
Asylum Link Merseyside
Notes to the Financial Statements for the Year Ended 30 June 2024
Governance costs
| Allocated support costs Total for 2024 Total for 2023 7 Net incoming/outgoing resources Net incoming/(outgoing) resources for the year include: Other non-audit services Depreciation of fixed assets |
Unrestricted funds General £ 3,907 3,907 3,829 2024 £ 895 269 |
Total funds £ 3,907 |
|---|---|---|
| 3,907 | ||
| 3,829 | ||
| 2023 £ 895 311 |
8 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
9 Staff costs
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:
| Engaged on charitable activities | 2024 No 9 |
2023 No 9 |
|---|---|---|
No employee received emoluments of more than £60,000 during the year.
10 Taxation
The charity is a registered charity and is therefore exempt from taxation.
Page 13
Asylum Link Merseyside
Notes to the Financial Statements for the Year Ended 30 June 2024
11 Tangible fixed assets
| 11 Tangible fixed assets | 11 Tangible fixed assets | |
|---|---|---|
| Furniture and equipment £ Office Equipment £ Cost At 1 July 2023 13,457 33,676 At 30 June 2024 13,457 33,676 Depreciation At 1 July 2023 13,194 33,001 Charge for the year 66 203 At 30 June 2024 13,260 33,204 Net book value At 30 June 2024 197 472 At 30 June 2023 263 675 12 Debtors 2024 £ Gift Aid Receivable 19,744 13 Cash and cash equivalents 2024 £ Cash on hand 2,204 Cash at bank 226,241 228,445 14 Creditors: amounts falling due within one year 2024 £ Accruals 695 15 Funds Balance at 1 July 2023 £ Incoming resources £ Resources expended £ Transfers £ Unrestricted funds General General Fund 117,631 312,690 (302,200) 106,012 Restricted funds Caroline Tod Trust 2,500 - - (2,500) LCVS 11,692 - - (11,692) Big Lottery BRC Partnership 22,463 - - (22,463) John Moores Foundation 10,000 - - (10,000) BRC Emergency Voucher (6,319) - - 6,319 |
Total £ 47,133 47,133 46,195 269 46,464 669 938 2023 £ 19,452 |
|
| 2023 £ 3,774 205,501 |
||
| 209,275 | ||
| 2023 £ 695 |
||
| Balance at 30 June 2024 £ 234,133 - - - - - |
Page 14
Asylum Link Merseyside
Notes to the Financial Statements for the Year Ended 30 June 2024
| Balance at 1 | Incoming | Incoming | Resources | Balance at 30 | |||
|---|---|---|---|---|---|---|---|
| July 2023 | resources | expended | Transfers | June 2024 | |||
| £ | £ | £ | £ | £ | |||
| SAS CTMR | (7,383) | 13,056 | (6,827) | - | (1,154) | ||
| LP Visiting Group | 1,373 | - | - | (1,373) | - | ||
| Hemby Charitable Trust | (55) | - | (12) | 67 | - | ||
| The AB Charitable Trust | (23,686) | - | - | 23,686 | - | ||
| CCG Fund | 15,000 | - | - | (15,000) | - | ||
| ALM Refurbishment Fund | (2,080) | - | - | 2,080 | - | ||
| LCVS Community | 2,247 | - | - | (2,247) | - | ||
| Lloyds Foundation | (38,192) | 25,000 | (40,757) | 53,949 | - | ||
| Samuel Sebba | (3,629) | - | - | 3,629 | - | ||
| Eddie Byers Scholarship Fund | 1,950 | - | - | (1,950) | - | ||
| Council of Europe | 1,668 | - | - | (1,668) | - | ||
| CAF Fund | 1,140 | - | - | (1,140) | - | ||
| Clothworkers Fdtn Fund | 73 | - | - | (73) | - | ||
| Mandela AIDS Fund | 449 | - | - | (449) | - | ||
| PH Holt Foundation | 23,301 | - | - | (23,301) | - | ||
| Steve Morgan Fdtn | 415 | - | - | (415) | - | ||
| Task Force Trust | (9,062) | 51,473 | (48,101) | - | (5,690) | ||
| Tudor Trust Relief | (250) | - | - | 250 | - | ||
| Barrow Cadbury | 45,156 | - | - | (45,156) | - | ||
| RAP Global Dialogue | 950 | - | - | (950) | - | ||
| Lloyds Covid | 8,624 | - | - | (8,624) | - | ||
| Allan & Nesta Ferguson Fund | 8,250 | - | - | (8,250) | - | ||
| Arm Trust | 10,000 | - | - | (10,000) | - | ||
| Big Bike Revival | (1,357) | 10,716 | (4,898) | - | 4,461 | ||
| Community Forest Trust | 11,127 | - | - | (11,127) | - | ||
| Eleanor Rathbone | 5,000 | - | - | (5,000) | - | ||
| MSP Fund | 12,614 | - | - | (12,614) | - | ||
| Rsd Household Grant | 7,161 | 22,983 | (19,296) | - | 10,848 | ||
| ACE Lottery Fund | - | 26,785 | (21,220) | - | 5,565 | ||
| Total restricted funds | 111,140 | 150,013 | (141,111) | (106,012) | 14,030 | ||
| Total funds | 228,771 | 462,703 | (443,311) | - | 248,163 | ||
| Negative balances are as a result of late payments received past the year end. | |||||||
| Balance at | 1 July | Incoming | Resources | Balance at 30 June | |||
| 2022 | resources | expended | 2023 | ||||
| £ | £ | £ | £ | ||||
| Unrestricted funds | |||||||
| General | |||||||
| General Fund | 168,166 | 237,959 | (288,495) | 117,630 | |||
| Restricted | |||||||
| Caroline Tod Trust | 1,000 | 1,500 | - | 2,500 | |||
| LCVS | 8,848 | 3,000 | (156) | 11,692 | |||
| Big Lottery BRC Partnership | 221 | 50,074 | (27,832) | 22,463 | |||
| John Moores Foundation | - | 10,000 | - | 10,000 | |||
| BRC Emergency Voucher | (6,319) | - | - | (6,319) | |||
| SAS CTMR | 1,600 | 16,320 | (25,303) | (7,383) | |||
| LP Visiting Group | 1,373 | - | - | 1,373 | |||
| Hemby Charitable Trust | (38) | - | (16) | (54) | |||
| The AB Charitable Trust | (10,340) | - | (13,346) | (23,686) | |||
| Page 15 |
Asylum Link Merseyside
Notes to the Financial Statements for the Year Ended 30 June 2024
| CCG Fund ALM Refurbishment Fund LCVS Community Lloyds Foundation Samuel Sebba Eddie Byers Scholarship Fund Council of Europe CAF Fund Clothworkers Fdtn Fund Mandela AIDS Fund PH Holt Foundation Steve Morgan Fdtn Task Force Trust Tudor Trust Relief Barrow Cadbury RAP Global Dialogue Lloyds Covid Allan & Nesta Ferguson Fund Arm Trust Big Bike Revival Community Forest Trust Eleanor Rathbone MSP Fund Rsd Household Grant Total restricted funds Total funds |
Balance at 1 July 2022 £ - (2,080) 2,298 (25,967) - 1,950 1,668 1,140 74 449 23,301 415 (1,455) (250) 45,156 950 8,624 8,250 10,000 (368) 3,501 5,000 4,250 - 83,251 251,417 |
Incoming resources £ 15,000 - - 27,300 - - - - - - - - 37,633 - - - - - - 3,585 10,000 - 8,846 29,111 212,369 450,328 |
Resources expended £ - - (51) (39,525) (3,629) - - - - - - - (45,240) - - - - - - (4,574) (2,374) - (482) (21,950) (184,478) (472,973) |
Balance at 30 June 2023 £ 15,000 (2,080) 2,247 (38,192) (3,629) 1,950 1,668 1,140 74 449 23,301 415 (9,062) (250) 45,156 950 8,624 8,250 10,000 (1,357) 11,127 5,000 12,614 7,161 |
|---|---|---|---|---|
| 111,142 | ||||
| 228,772 |
16 Analysis of net assets between funds
| Tangible fixed assets Current assets Current liabilities Total net assets Tangible fixed assets Current assets Current liabilities Total net assets |
Unrestricted funds General £ 197 234,631 (695) 234,133 Unrestricted funds General £ 337 117,988 (695) 117,630 |
Restricted funds £ 472 13,558 - 14,030 Restricted funds £ 402 110,739 - 111,141 |
Total funds at 30 June 2024 £ 669 248,189 (695) |
|---|---|---|---|
| 248,163 | |||
| Total funds at 30 June 2023 £ 739 228,727 (695) |
|||
| 228,771 |
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