THE OLD SCHOOLHOUSE COMMUNITY PROJECT
Report of the Trustees for the Year Ended 31 March 2025
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 31 March 2025.
OBJECTIVES AND ACTIVITIES Objectives and aims
The objectives of the charity are:
a) to advance education and provide a facility for social welfare, recreation and other leisure-time occupations to improve the living conditions for the residents of St Gabriel's ward and surrounding districts, without distinction by sex, sexual orientation, race, political, religious or other opinions.
b) to secure the establishment of a community centre, whether alone or in co-operation with the local authority or other body in furtherance of these objects.
The charity shall not be partisan or sectarian.
Objectives, strategies and activities
The charity provides high quality meeting space for voluntary organisations and community groups. It supports business start-ups with low, or no cost, use of its facilities.
Public benefit
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
04573384 (England and Wales)
Registered Charity number
1097390
Registered office
The Old Schoolhouse Saint Johns Road Huyton Merseyside L360UX
Trustees
Ms Honora Ambrose Mr Bryan Blois Mr Stephen Anthony Carroll Sister Mary Kelly Mr Mark Sweeney
Company Secretary
Mr Karl James Hart
Page 1
| StatementofFinancial Activities | |||
|---|---|---|---|
| fortheYear Ended31March2025 | |||
| 31.3.25 | 31.3.24 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOMEANDENDOWMENTS FROM | |||
| Donations and legacies | 156,525 | 151,667 | |
| Charitable activities | |||
| Other | 75,735 | 101,926 | |
| Other trading activities | 2 | 21,495 | 20,491 |
| Investment income | 3 | 3,054 | 1,798 |
| Total | 256,809 | 275,882 | |
| EXPENDITUREON | |||
| Charitable activities | |||
| Other | 239,625 | 215,312 | |
| NET INCOME | 17,184 | 60,570 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 342,224 | 281,654 | |
| TOTAL FUNDS CARRIED FORWARD | 359,408 | 342,224 |
| BalanceSheet | |||
|---|---|---|---|
| 31March 2025 | |||
| 31.3.25 | 31.3.24 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| FIXEDASSETS | |||
| Tangible assets | 8 | 30,905 | 16,967 |
| CURRENTASSETS | |||
| Debtors | 9 | 2,846 | 7,479 |
| Cashatbank andinhand | 335,318 | 356,231 | |
| 338,164 | 363,710 | ||
| CREDITORS | |||
| Amounts falling duewithinone year | 10 | (9,661) | (38,453) |
| NETCURRENTASSETS | 328,503 | 325,257 | |
| TOTALASSETSLESSCURRENTLIABILITIES | 359,408 | 342,224 | |
| NETASSETS | 359,408 | 342,224 | |
| FUNDS | 11 | ||
| Unrestricted funds | 359,408 | 342,224 | |
| TOTALFUNDS | 359,408 | 342,224 |
| NotestotheFinancialStatements-continued | ||
|---|---|---|
| fortheYearEnded31March2025 | ||
| OTHERTRADINGACTIVITIES | ||
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| Catering | 21,495 | 20,491 |
| INVESTMENTINCOME | ||
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| Interestoncashdeposits | 3,054 | 1,798 |
| NETINCOME/(EXPENDITURE) | ||
| Net income/(expenditure)isstated after charging/(crediting): | ||
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| Depreciation - ownedassets | 3,562 | 1,805 |
| STAFFCOSTS | ||
|---|---|---|
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| Wagesandsalaries | 135,512 | 117,589 |
| Socialsecuritycosts | 6,906 | 5,376 |
| Otherpensioncosts | 2,686 | 2,411 |
| 145,104 | 125,376 | |
| Theaveragemonthly numberofemployeesduring the yearwasasfollows: | ||
| 31.3.25 | 31.3.24 | |
| Numberofemployees | 6 | 5 |
| THEOLDSCHOOLHOUSECOMMUNITYPROJECT | ||
|---|---|---|
| NotestotheFinancialStatements- continued | ||
| for theYearEnded31March2025 | ||
| 7. | COMPARATIVESFORTHESTATEMENTOFFINANCIALACTIVITIES | Unrestricted |
| fund | ||
| £ | ||
| INCOMEANDENDOWMENTSFROM Donationsandlegacies |
151,667 | |
| Charitableactivities | 101,926 | |
| Other | ||
| 20,491 | ||
| Othertradingactivities | 1,798 | |
| Investmentincome | ||
| 275,882 | ||
| Total | ||
| EXPENDITUREON | ||
| Charitableactivities | 215,312 | |
| Other | ||
| 60,570 | ||
| NETINCOME | ||
| RECONCILIATIONOFFUNDS | 281,654 | |
| Totalfundsbrought forward | ||
| TOTALFUNDSCARRIEDFORWARD | 342,224 |
| NotestotheFinancialStatements-continued | NotestotheFinancialStatements-continued | ||||
|---|---|---|---|---|---|
| fortheYearEnded31March | 2025 | ||||
| 8. | TANGIBLEFIXEDASSETS | ||||
| Improvements | Fixtures | ||||
| to | and | Motor | |||
| property £ |
fittings £ |
vehicles £ |
Totals £ |
||
| COST At1 April 2024 Additions |
45,114 | 2,192 | 15,308 | 45,114 17,500 |
|
| At 31 March 2025 | 45,114 | 2,192 | 15,308 | 62,614 | |
| DEPRECIATION At1 April 2024 Chargeforyear |
28,147 1,804 |
143 | 1,615 | 28,147 3,562 |
|
| At31 March 2025 | 29,951 | 143 | 1,615 | 31,709 | |
| NETBOOKVALUE At 31 March 2025 |
15,163 | 2,049 | 13,693 | 30,905 | |
| At 31 March 2024 | 16,967 | 16,967 | |||
| 9. | DEBTORS:AMOUNTSFALLINGDUEWITHINONEYEAR | 31.3.25 | 31.3.24 | ||
| £ | £ | ||||
| Trade debtors | 2,846 | 7,479 | |||
| 10. | CREDITORS:AMOUNTSFALLINGDUEWITHINONEYEAR | ||||
| 31.3.25 | 31.3.24 | ||||
| £ | £ | ||||
| Trade creditors | 2,325 | 2,696 | |||
| Socialsecurity and other taxes | 3,724 | 3,074 | |||
| Accruals and deferred income | 3,612 | 32,683 | |||
| 9,661 | 38,453 |
| THEOLDSCHOOLHOUSECOMMUNITYPROJECT | ||||
|---|---|---|---|---|
| NotestotheFinancial Statements - continued | ||||
| fortheYear Ended31March202S | ||||
| 11. | MOVEMENTINFUNDS | Net | ||
| movement | At | |||
| At1.4.24 | in funds | 31.3.25 | ||
| £ | £ | £ | ||
| Unrestrictedfunds General fund |
342,224 | 17,184 | 359,408 | |
| TOTALFUNDS | 342,224 | 17,184 | 359,408 | |
| Net movement in funds, included intheabove areasfollows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | infunds | ||
| £ | £ | £ | ||
| Unrestrictedfunds General fund |
256,809 | (239,625) | 17,184 | |
| TOTALFUNDS | 256,809 | (239,625) | 17,184 | |
| Comparativesformovement in funds | ||||
| Net | ||||
| movement | At | |||
| At1.4.23 | in funds | 31.3.24 | ||
| £ | £ | £ | ||
| Unrestrictedfunds | ||||
| General fund | 281,654 | 60,570 | 342,224 | |
| TOTALFUNDS | 281,654 | 60,570 | 342,224 | |
| Comparative net movement in funds, included in the above areasfollows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | infunds | ||
| £ | £ | £ | ||
| Unrestrictedfunds | ||||
| General fund | 275,882 | (215,312) | 60,570 | |
| TOTALFUNDS | 275,882 | (215,312} | 60,570 |
| MOVEMENTINFUNDS-continued | MOVEMENTINFUNDS-continued | ||
|---|---|---|---|
| A current year12months andprioryear 12 months combined position_is_asfollows: | |||
| Net | |||
| movement | At | ||
| At1.4.23 | in funds | 31.3.25 | |
| £ | £ | £ | |
| Unrestrictedfunds General fund |
281,654 | 77,754 | 359,408 |
| TOTALFUNDS , |
TOTALFUNDS , |
||
|---|---|---|---|
| A current year 12 months andprioryear 12 months combined net movement asfollows: |
in funds,included_intheabove are _I |
||
| Incoming resources £ |
Resources expended £ |
Movement in funds £ |
|
| Unrestrictedfunds | 532,691 | (454,937) | 77,754 |
| General fund |
| THEOLDSCHOOLHOUSECOMMUNITYPROJECT | |||
|---|---|---|---|
| DetailedStatementofFinancial Activities | |||
| fortheYear Ended 31 March 2025 | |||
| 31.3.25 | 31.3.24 | ||
| £ | £ | ||
| INCOMEANDENDOWMENTS | |||
| Donationsandlegacies | 156,525 | 151,667 | |
| Trusts and foundations | |||
| Other tradingactivities | 21,495 | 20,491 | |
| Catering | |||
| Investmentincome | 3,054 | 1,798 | |
| Interestoncash deposits | |||
| Charitable activities | 49,046 | 70,392 | |
| Tenants | 26,689 | 31,534 | |
| Roomhire | |||
| 75,735 | 101,926 | ||
| 256,809 | 275,882 | ||
| Totalincomingresources | |||
| EXPENDITURE | |||
| Charitableactivities | 135,512 | 117,589 | |
| Wages Social security Pensions |
6,906 2,686 6,730 |
5,376 2,411 6,668 |
|
| Rent, rates andwater | 2,415 | 6,165 | |
| Insurance | 27,954 | 25,296 | |
| Light and heat | 14,562 | 12,248 | |
| catering | 5,394 | 5,134 | |
| Accountancy | 26,595 | 25,550 | |
| Repairs and maintenance | 7,157 | 7,065 | |
| Office expenses | 1,805 | 1,805 | |
| Improvementstoproperty | 143 | ||
| Fixtures and fittings | 1,615 | ||
| Motorvehicles | 151 | 5 | |
| Bankcharges | |||
| 239,625 | 215,312 | ||
| Total resources expended | 239,625 | 215,312 | |
| Netincome | 17,184 | 60,570 |