Brf£hter Uvlng Partfiershlp Charlty No. 1101722 Compny No. 03973156 Trustees. Report and Unaudlted krounts 31 March 2024 ADHXV06Y 1411212024 COMPANIES HOUSE A16
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Bvlthter Llvln8 Partn•rshlp Contents Pages 2to7 Trustees, Annual Report Statement of Flnanclal ActIvIt$ Balance Sheet io Notes to the Accounts Ilto20 Page I
rlghter Uvlng Partnership Trustees Annual Report The trustees, who are also directors of the charity for the purposes of the Companles Act 2006, herein present their report with the unaudited financial staternents of the charity for the year ended 31 March 2024. The financlal statements have been prepared In accordance wlth the accountln8 pollcies set out In Note I to the accounts and compty with the charity's 8overnlng document, the Charitles Act 201L the Companles Act 21x16 and AccountlnE and Reportlng by Charitie5: Statement of Recommended Practlce applicable to charltle5 preparin8 Iheir accounts in accordance wlth the Flnanclal Reportlng Standard 102 applicable In the UK and Republlc of Ireland. REFERENCE ANO ADMINISThATIVE DETAILS C¢wnpany No. 03973156 tharfty No. 1101722 Pdnclpal Office SoLrthport Communlty Centre Non•A)od Road 5outhport PR8 6HQ R¢g15twed Offlce Southport Communbty Centre Norwood Road Southport meeYside PR8 6HQ Dlrectors •nd Truitees The Directors of the charitable company are its Trustees for the purposes of charity law. The followin8 Directors and Truslees served during the year: N.E. Bellamv S.M. Jankowskl R. Jones AJ. Kitchen S. Ning M. Ollivier RJ. Owens Chalr of Trustees Appolnted 5th March 2024 Appointed 25th June 2023 Sefton Council for Voluntary Service Burlington House Crosby Road North Waterloo Liverpool L22 OLG Page 2
8ri8hter Living Partnershlp Trustees Annual Report L22 OLG Bankers Cfyoperative Bank 18alloon Street Manchester M60 4EP Investment Advlso OBJECTIVES AND ACTIVITIES The oblect5 of the charlty are the preSeallOn and promotion of 8ood health of people Ilvln8 In the Melropolltan Borou8h of Sefton. In settin8 our objectives and plannln8 our actlvlties our trustees have civen careful conslderatlon to the Charlty Comrnisslon's general 8uldance on public benefit. The Brlghter Llving Partnershlp Is commltted to Improvlng the health and well-belng of the people of Sefton, This is achieved by mafia8lng projects that help to promote health and welkbeing that are based in lo¢al communttles. We work with our partners to reduce inequalltles and we are committed lo promotin8 equallty and to providing Opportunities for all. The strategic objectives of the 8ri8hter Llvin8 Partnershlp are to,. a) reduce health Inequalltles b) promote soclal inclusion c) improve quality of lrfe d) Influence the wider determlnants of health e) develop 5ki115 for lrfe •nd provlde volunteerin8 OPPOrtunltles l) be a hub for health and lifestyle Infomiatlon ACHIEVEMENTS AND PERFORMANCE Shoppln& Befrlendln8 and IT support A shopplng seIce was established as a result of the pandemlc and has contlnued to operate, and we have contlnued to adapt the service to meet the demands of cllents and work withln Ilmttatlons of volunteer avallabillty. The servlce continues to offer buddy 5hoppln8 where posslble, onllne shoppln8 for dlents and has supported client5 to mainlain thelr Independence. Since Its launth In Aprll 2020, the shopplng servlce has provided approxlmately 7000 fequests for shopplng support and has been a Ilfeline to the cllenis the project supports. The feedback for the servlce MaInS exceptional and we would like to place on record our thanks for the volunteers who have provided support throughout the year. Volunteers were re8ularly recrulted to keep up wlth demand and the serwlce will contlnue to adapt to best support Ihe vulnerable clients who rety on It. The befrlendlng service that was establlshed as a result of the pandemlc in 2020 has continued to operate but th year was Sncreased in scale due to takin8 on nÈw volunteers and taking over the responslbllltles of another befrlending seNlce. This was due to the increased dernand locally. This service has provided the cllents with essentlal contad by having somebody to talk to and has potentially reduced the number of callslvisits to primary care services. Pa8e 3
Brl£hter Llving Partnershlp Trustees Annual Report wolD8 with colleagues across BLP, It was identified that there was a gap in provision for males in regards to mental health/befriendlng support locally, partlcularly for younger males aged 19-50. As a rèsult. we conducted sorne research wlth local resldents and spoke to partner agencies who support males In thls age range and used this inforrnation to establish a male befrlendin&lmentorin8 seNice called Men:Can. During the course of the year we provided Shopping for 41 people, 17 people were recelvin8 regular BefrJendln8 and 4 people benefrtted from .rr@Home, a service whlch alms to support local people In thelr own homes with baslc IT skills for everyday life. Once a8aln, many thanks to the Steve Morgan Foundallon whose generous grant has enabled us to continue these vital seNices to very isolated and vulnerable people. We also secured a grant from P H Holt Foundatlon to pay our volunteers expense5. Llvln8 Well Sefton Brlghter Llvlng Partnershlp contlnues to be a key partner In the Lfvln8 Well 5efton contrart. Our actlvltles aftd services contlnue to be Impacted by the legacy of the pandemlc, and we stlll are havin8 to provide remote support vla telephone and vldeo call to some people. The commlssloner hjs outllned three prlorlty areas for the LlvSn8 Well Sefton servlce to focus on, these are; obeslty, mental health and commvnlty resourcefulness. The vast majorlty of our actlvlties and seThices cover more than one of these areas already, however the speclfied prlorlty areas provlded BLP wlth addltlonal focus. The Impact that the pandemic had on people's mental health and other heafth behavloursls Still slgnlficant. The on8olng cost of Ilvin8 Crisis h also causln8 a si8nrfi¢ant impact4 particularly around mental health and thls double Impart wlll contlnue to be felt for a 8ood whlle longer. As a resutt of Ihls, we have Increased the amount of mental health support we are offerin& includinB offering more Think Differently, Cope DSfferently courses which build up resourcefulness and provldes tlps and tools to Use to Improve mental health. The ' warni space, we created last year for Indivldu&ls to jttend over Winter lo help negate the cost of livin8 crisis In terms of energy bills and food Inflation by provldin8 sessions where people stay warm, recelve food and can partlclpate In activltles has been contlnued- In part as a 'welcome space,, as the need for companlonshlp was evldently as Important as warmth to som•. Our mentors worked wlth over 200 people In developin8 Universal Consultatlons and settlng and achlevln8 their goals. As part of the Lfvlng Well Sefton model, BrlBhter LlvlnR Partnershlp contlnues to lead the Southport and Formby Hub ot local Nei8hbourhood Communlty Partners. As a result, there has been a marked increase of partnershlp workin8 across the patch between Nelghbourhood Community Partners which is resulting in better support and oulcornes for local resldenls. Thls year, the Nel8hbourhood Communlty Partners included Compasslon Acts, Woodvale Communlty Centre, Alnsdale Lunch & Lelsure, Parentin8 20(X) and Home Start, and were supported by BLP on a projert whlch promoted di8ital inclusion by makln8 lechnolo8y and support avallable In different partners settlngs to Increase the amount of publicly available equipment to local restdents. The speed of di8italisatlon of serlices Is rapldly Increasin8 and without further interventlons many people wlll be left behlnd, In total, Ihe organlsatlon has chaired slx Neighbourhood Commvnlty Partners meetlngs durln8 the year. LWS neighbourhcod partners grant fundin8 was a grant shared behveen Woodvale Community Centre, Parentin8 2000 and Brlghter Livin8 Partnership. The BLP share out of this was £500 for 5 benches to be rnade by the Men's Shed group. The remainin8 BLP fund was to pay for the plaques forthe benches. Th• rest of the money was spllt between the other partners as mentloned. Funding had to be Spent by December 2023 which was cornmunlcated to partners and the monltorin8 was due for submlssion In January 2024. Page 4
Brf8hter Lfving Partnershlp Trustees Annual Report Hlgh Park Project The prolect entered Its final year of fundln8 with the dual task of maintaining artivitles, and consultin8 With residents and partners and evaluating the feedback. The planned outcomes for the project were ¢dentrfled s being In 4 key areas: . Invotved, Sustainablllty, Empowered and Local Prlde. Our survey of local resldents had 220 R5ponse5. Involved: 67% feft more Involved Sustalnability: 68% felt more able to support the development of thelr communltles Empowered: 61% felt more empowered to have their voice heard 62% felt their voice was more represented Local Prlde: 80% had thou8ht rnore about what could be done to Improve the area 81% felt they had more of a sense of thelr Hl8h Park Identlty 76% felt prouder to say they Ilved In the Hlgh Park area. A tlmellne of the many •rtlvltles that took place Is below: AyII- June 20th Aprll 2023: Funday ThUdayS In term tlmes recommenced with Arts and Crafts from Pebbles and Treasures, Actlve Sports Group and boxln8 mentorln8. 19th May 2023: Natlonal Lottery funded Southport Townscape Herlt8ge Project walk 8th June: Volunteer Week BBQ celebratlon Monthty: DOHPGS Love Your Park days 24th June: Frlends of Hl8h Park Green Spaces IFOHPGS) community engagement day to promote the 8roup 26th June: In 8100rn judges vlslt July- Septernber Juty 6th". Level l Hortlculture course learners complete their full dlplomas 19th Julv: 5elf-Defence sessions at Home Start cornmence as addiessed as a need by partners Monthly: "Love Your Park" Days wlth FOHPGS 3rd August: New Level l Hortlculture cohort of learners be8ln- prevlous Level I learner cohort pro8ress to Level 2 12th Au8USt: High Park Hodge P¢xlge Festi¥al- 700 people attended Funday Thursdays restart in September 20th September.. High Park Conference at The Atkinson in Southport Town Centre October- December FOHPGS award Level 4 YhrSvln¢' at In Bloom Pa8e S
Brfghter Llvlng Partftership Trustees Annual Report 24th November: High Park Christmas Tree Swltch on with over 350 people in attendance. Sur4ey completed wilh 245 respondents In additlon, we continue to offersupport to the FOHPGS as they work within thelrcommunity on the"Love Your Park Days. and the Chrlstmas Lights event, and the followin8 groups contlnue to meet at the Southport Community Centre: • Charlles Way Garden Group •Crnft Group Brl8hter Connections PRIMARY CARE INH51 FUNDED NEIWORK ROLES Social Prescrlbln8 Llnk Workers The Social Prescrlblng Link Workers have worked hard throughout the year supportlng cllents referred from GP practices across the 5outhport and Formby patch. The seNice recelved 1291 referrals In total which is sl8nlficant Increase frorn the prevlous yearfs total of 930. The S¢xlal Prescrlbln8 Llnk Workers sUPPOrted cllents across a varlety oflssues includin8 mental heallh, houslng, bereavement, benefrts, findln8 groups and actlvities and many more. As the PCN seNlces have developed and grown, the need was Identffled for a strateglc manazement role alongside operatlonal staff managernent and monltorin8 responslblllt5es. As such our exlstSn8 Senlor Social Prescrlbin8 Llnk Worker was promoted to Soclal Prescriblng and Personallsed Care Lead and now takes a lead on PCN contract management meetSn85 for the Soclal Prescrlbers and Health and Wellbeln8 Coach. In role acts as a trla8e Inlo ihe servlce, beln8 the first polnt of contact for new cllents. checkln8 sultabllty and maklng any"qulck wSn" s18nposts to services such as Cltizens Advlce, Food Banks and Llving Well Sefton MeThtor5. Thls role ha5 already had an Immensely posltlve Smpact on the cllents experlence of Soclal Prescrlbin& reducln8 unnecessary waitln8 times and reducing enabllng people to access servlces more efflclently. The last year ha5 seen the team bulldlng greater connertlons wllh GP sur8erles, workln8 collaboratlvely as part of multl-disclpllnary teams wlth other healthcare professlonals and are valued by sur8erles a5 a hollstl offer when addressing health and wellbeln& Health and Wellbein8 Coach The Health and Wellbeln8 Coach role based at St Marks Surgery Is contlnuln8 to develop well recelvin8 pos5tive feedback from Clients. We saw a steady number of referrals throughout the year and the role support5 client5 lookin8 to engage In posltive health behaviour change and can cover a varlety of topics personal to that Indlvlduals, 8oals includln8 wel8ht rnana8ernent, exerclse, good sleep hy8lene and mental health and wellbeing. The Health and Wellbeing Coach has made good connectlons wlth cllnicians in the sur8ery to encourage referrals and has started to extend referral routes to other professlonals withln the prartlce such as reception slaff and 5elf-referral via promotional posters In waitlns rooms etG Other Grants Brighter Living Partnershlp were successful in obtainlng a number of drfferent grants throughout the year to further support our turrent work and ITh some cases, expand our reach, Page 6
Brighter Llvlng Partnershlp Trustees Annual Report We recelved £3080 vla Sefton CVS to extend the Warrn Space from Ortober 23 to March 24 and £700 for Welcome Spaces Spring and Summer 2023. We received £1500 from the Barrett Foundatlon to support the Men's Group and £500 from Sefton CVS atso to 5UPPOrt the Men's Group• and £4225 from PH Holt to support our volunteer expenses. FINANCIAL REVIEW The Trustees believe that we need to maintain sufficient reseNes in the Contingency Fund to ensure that we can meet any contrartual obliBatlons to staff and to malntain the operatlon of the organlsatlon for a year throu8h the servlces of a part tlme coordinator. It is the Trustees, vlew that the current reserves the Charlty holds are sufflclent for these purposes. The Trustees would like to thank all of the staff and volunteers for thelr tremendous efft>rts and cornmltment to the communlty over the past year.. the work that h85 been undertaken has been $18nfflcant and has made such a difference to local people. Lastly as Chalr, l also want to thank all the TNstees for thelr advlce, support and engagement throughout the year. STRUCTURE, GOVERNANCE ANO MANAGEMENr Brighter Living Partnership Is a eompany Ilmlted by guarantee govemed by fts Memorandum and Artlcles of Associatlon dated 17th November 1999. It Is re8lstered with the Charlty Comrnlsslon. As set out In the Articles of Association the trustees are elected by members of the charltable company attendlng the Annual General Meetln8. The longest servlce one third of trustees rellres each year and Is able to offer themselves for rtrelertion. Durln8 the 202312024 finance year, the 8ri8hter living Partnershlp Board of Trustees met formally ffve tlmes. Th15 Included an away day sesslon wlth senlor staff members. All rneetlngs were conducted In hybrld fashlon. Wlth the support of one of our new Trustees, Su2y Nin8, we have started to develop an organlsatlonal strategy lor the organlsatlon. Thls has Involved Trustees and senlor staff but wlll need IQ develop wlth the new leadership team lrnvolved. In between meetings, Trustees were kept up to date with re8ular e-malls and other correspondence. All trustees were actlvely en8aged and were able to support the staff afound pollcyl finance and safe8uardln8 Issues durln8 the year. The Trustees are responslble for keepln8 proper accountlng records that dlsclose wlth reasonable accuracy al any time the flnancial position of the charlty and to enable them to ensure that the financial statements comply wlth the Companies Act 2006. The Trustees are also responsible for safeguanlln8 the assets of the charlty and hence takin8 reasonable steps for the preventlon and detectlon of fraud and other irregularltles. The above report has been prepared In accordance wlth the provlslons appllcable to cornpanle5 subject to the small companles regime a5 set out In Part 15 of the Cornpanies Act 2006 and In accordance wlth the Charltles SORP IFRS 102). If of the board .E. Bellamy Trustee 14 November 2024 Page 7
Brlghter Uvlng Partnershlp Independent Examlners Report Independent Examlner's Report to the trustees of Brfghter Llvlng Partnershlp I report to the charlty trustees on my examination of the flnancial statements of Brlghter Livlng Partnership for the year ended 31 March 2024 which comprise the Statement of Financial Artlvltles, the Summary Income and Expendlture kcount. the Balance Sheet and Ihe related notes. Responsibillties and bas1$ of report As the trustee5 Ot the charlty (and also Its dlrectors for the purposes of company lawl you are responslble for the preparatlon of Ihe flnancial statements In accordance wlth the requiremenls of the Companles Acl 2006 l*he 2006 Act. Havlng satlsfled myself that the financial statements of the charity are not requlred to be audlted under Part 16 of the 2006 Act and are ell8lble for Independeftt examlnatlon, I report In respect of my examlnatlon of your charlty's financlal statements as carried out under Section 145 of the Charilies Act 2011 ('the 2011 Act,). In carryln8 Out rny examinatlon I have followed the Dlrectlons Blven by the Charity Commlsslon under sectlon 145{5)Ib) of the 2011 Aa. Independent examIne$ statemerrt As the charitvs gross income exceeded £250,000 voui examlner must be a member of a body Ilsted in sectlon 145 of the 2011 Art. I confirrn that l am quallfted to undertake the examlnatlon because l am a member of Institute of Chartered Accountants In England and Wales. I have completed rny examlnation. I can confirm that no rnaterlal matters have come to my attention In connectlon wlth the exarnlnatlon 8lv5n8 me cause to belleve that.. • accounting records were not kept In accordance with section 386 of the 2006 Act . or the flnanclal statements do not accord with those records; or • the flnancial statements do not cornply wlth the accountlng requlrements under sectlon 396 of the 2006 Act other than any requlrement that the flnanclal statements give a 'true and fair, view whlch Is not a matter consldered as part of an Independent examinatlon; OT the financlal statements have not been prepared In accordance with the Charities SORP (FRS 1021. I have no concerns and have come across no other matters In connectlon wlth the examlnatlon to whSch attentlon should be drawn In thls report in order to enable a proper understandln8 of the flnanclal statements to be reached. lan Wrl8ht Chartered Accountant Sefton Councll for Voluntary SeThlce Burlington House Crosby Road North Waterloo Liverpool L22 OLG 14 November 2024 Page 8
Brlghter U¥lng Partnership Statement of Financial A¢tivitles for the year ended 31 March 2024 Unrestricted Restrfcted fund$ funds Total funds Total fvnds 2024 2024 2024 2023 Notes Incom• and endowments frfAn: Donatlons and legacies Charitable actlvltles 2,797 31,987 477.087 320 479,884 32,307 456,853 44,921 Total 34,784 477.407 512,191 501,774 Expendlturt on: Charitable adivities 70,035 70,035 455,453 525,488 525,488 506,052 506,052 Totsl 455,453 Net 8aln5 on Investments Net expendlture Transfers between fvnds 135,251) 21,954 {13,297} 14,278) Net expendlture before other ia5ns/llosses) (35,2511 21,954 (13,2971 (4,278) Other Balns and losses N•t movement In funth (35,251) 21,954 113,2971 14,2781 R•condll•tlon ol funds: Total funds brou8ht for4vard 120,534 34,730 155,264 159,542 Total lunds carrled fmvard 85,283 56,684 141,967 155,264 Pa8e 9
Brl8hter Llvln8 Partnership Balance Sheet at 31 March 2024 Company No. 03973156 Notes 2024 2023 Flxed assets Tan8lble assets Current assets Debtors Cash at bank and in hand 36,158 215,799 251,957 {109,990) 141,967 14L967 1,810 259,424 261,234 (105,970) 1SS,264 155,264 Credlton: Amount fallln8 due wbthln one year Nei current assets io Totsl assets kn curnent Ilabllltles Nel assets excludlng penslon asset or Ilablllty Total net assets 141,967 155,264 141,967 155,264 The lunds of the charfty Rethcted funds Restricted Income funds 11 56,684 56,684 34,730 34,730 Unrestrlrted fvnds General funds Oe51gnated funds li 35,283 50,CKIO 70,534 50,000 120.534 85,283 ft•seTV•S li Total funds 141,967 155,264 Th•se accounts have been prepared in accordance wlth the speclal provislons of Part 15 of the Companies Act 2006 relatin8 to small companles. For the year ended 31 March 2024 the comp¥ny was entttled to exemptlon under sectlon 477 of the Companles Act 2006 relating to small companles. The members have not required the company to obtaln an aud1¢ in accordance with sectlon 476 of the CompanSe5 Art 2006. The direttors acknowledge their responsibilities for complylng wlth the requlrements of the Companles Act 21X)6 with respect to accountin8 records and the preparatlon of accounts. Approved by the board on 14 November 2024 And igned o s behalf by: N.E. Bel Trustee 14 November 2024 amy Page 10
Brl8hter Living Partnershlp Notes to the Accounts for the year ended 31 March 2024 l Ac¢ountlng policies Basis of preparatlon The flnancial statements have been prepared in accordance with the charlty's 8overnln8 documenl, Ihe Companies Act 2006, FRS 102 "The Financial Reportlng Standard appllcable In the UK and Republic of Ireland" ("FRS 102") and the Charitie5 SORP "Accountin8 and Reportlng by Charlties: Statement of Recommended Practlce appllcable to charltles preparln8 their accounts In accordance wfth the flnanclal Reportlng Slandard appllcable in the UK and Republicof Ireland IFRS 1021" (effective ljanuary 2019). The charlty meets the definttlon of a publlc beneflt entity under FRS 102. Assets and Ilabllltles are initlally recognlsed at h15torlcal c05t or transactlon value unless otherwlse slated In the relevant accountln8 policy note. The functional curiency used is the £ Sterlin8. Assets and Ilabllltles are Inltlally recognized at hlstorical cost ortransaction value Unless OtheISe stated In the relevant accountlnB pollcy nole. The funcllonal wrrency used Is the É Sterlln8, Prep•ratlon ot the accounts on a 8olnB ¢onc•rn ba$ At the time of approvin8 the accounts, the trustees, have a reasonable expectatlon that the Charlty has adequate resources to contlnue in operatlonal exlstence for the forseeable future. As such these accounts have been prepared under the 8oln8 concern basls. Chan8e In b•$l$ ol attountln8 or to prevlous •c¢ounts There has been no chan8e to the accountin8 pollcles Ivaluatlon rules and method of accountln8I slnce last year and no changes have been made to accounts for prevlous years. Fund accountlng Unrestrlcted funds These are avallable for use at the dlscretlon of the trustees In furtherance of the general objects of the charity. These are unrestrlcted funds eamiarked by the trustees for partlcular purposes. These are unrestrlcted funds whlch include a revaluatlon reserve representln8 the restatement of investment assets at thelr market values. These are avallable for use subject to restrlrtlons Imposed by the donor or throu8h terrns of an appeal. Desl8nated funds ftevaluatlon funds Restrlcted fun(ts Page 11
Bri8hter Uvln8 Partnership Notes to the Accounts Income Reco8nitlon of income Income is included in the Statement of Financial Activities ISOFAI when the tharity becomes entltled to, and vlrtually certain to recelve, the Income and the amount of the Income can be measured wlth sufflcient rellability. Incorne wlth related Where Income has related expendlture the Income and related expenditurels expenditure reported 8ross In the SOFA. Donatlon5 and le8acies Voluntary Income recelved by way of grants, donations and 8rft$1s Included in the the SOFA when recelvable and only when the Charity has uncondltional entltlement to the Income. Tax reclaims on Income from tax reclalms Is Included In the SOFA at the same time as the donations and Efft5 gift/donatlon to whlch It relates. Donated servlces These are only included In Income Iwlth an equivalent arnount in expendSturel and facllities where the benefrt to the Charlty Is reasonably quantifiable, measurable and materlal. Volunteer help The value of any volunteer help recelved Is not Included In the accounts. Investment Income Thlsls Included In the accounts when recelvable. Galns/llossesl on Thls Includes any 8ain or loss resullln8 from revaluln8 Investments to market value revaluatlon of fixed at the end of the year. assets Gains/(lossesl on Investment assets Thls includes any 8aln or Ioss on the sale of Investments, Expendlture Recognltlon of expenditure Expendlture Is recognised on an accruats ba315. Expendlture Includes any VAT whlch cannot be fully recovered, and Is reported as part of the expendlture to whlch It relates. Expenditure on These comprlse the costs associated wSth attracting voluntary Income, fundralsln8 ralsing funds tradlng costs and Investment management costs. Expenditure on These comprise the costs Incurred by the Charity In the dellvery of Its activltles and charitable activitles services In the furtherance of Its objerts, in¢ludln8 the makln8 of 6rants and governance costs. All 8rant expenditure Ss accounted for on an actual pald basls plus an accrual for fants that hove been approved by the trustees at the end of the year bul not yet paid. These include those costs assoclated wlth rneellnB the constltutlonal and statutory requirements of the Charlty, Includln8 any audlt/independent examlnation fees, costs linked to the strategic management of the Charlty, tOBether wllh a share of other admlnlstratlon costs. Other expenditure These are support costs not allocated to a particular artivity. Grants payable Governance costs Tax•tlon The charily Is exempt from corporatlon tax OD it5 charitable artlvities. Page 12
Brighter Uvlng Partnershlp Notes to the Accounts Tanglble fixed assets and depreclatlon Depreciatlon Is provlded at the followlng annual rates In order to write off each asset over Its estSmated useful life: Equipment Motor Vehicles 25% Reducing balance 25% Reducing balance Freehold in¥estment property Investment properties are rneasured Inltlally at cost and subsequently at falr value at each balance sheet date and are not depreclated. All 8alns or losse5 are taken to the Statement of Flnancial Actlvttles as they arlse. Stocks Stock ts Included at the lower of cost or net reallsable value. Donated Items of stock are recognlsed at falr value whlch15 the amount the charlty would have been wlllSn8 to pay for the Items on the open market. Trade and other debtors Trade and other debtots are recognlsed at the settiernent amount due after any trade dlscount offered. Prepayments are valued al the amout)t prepald net of any trade dlscounts due. Cash and Cash equlvalents Cash and cash equivalents comprise cash ai bank and on hand. dernand deposlts with banks and other 5hort.tenn hl8hly Ilquid Investments wlth orlginal maturltles of three month5 or less and bank overdrafts. In the statement of flnanclal posltlon, bank overdrafts are shown wlthln borrowln85 or current Ilabllltlés. In the Statement of Cash Flows, cash and cash equfvalents are shown net of bank overdrafts ihat are Yepayable on demand and form an Inie8ral part of the company's cash management. Trade and other uedltors Short term credltors are measured at the transartlon prlce. Othei credltor5 •nd provlslons are reco8nlsed where the charlty has a present obllgatlon resultlng from a past event that wlll probably result In the transfer of funds to a third party and the amount due to settle the obll8atlon can be measured or estimated rellably. Credltors and provision5 are norrnally reco8nised at lhelr settlement amount after allowing for any trade dlscounts due. Researth and development Expendlture on research and development Is wrltten off In the year In whlch It Is Incurred. Forel8n currencles Monetary assets and Ilabllbties denomlnated In crn¢le5 other than the functlonal ctsrrency of the charity are Iranslaled at the rates of exchan8e prevalllng at the end of the reporting period. Transartlons In currencles other than the functlonal currenry of the char)ty are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are are taken into account In arriving at net Incomelexpenditure. Page 13
Brfghter Living Partner5hlp Notes to the Accounts Leased assets ' Where the charty enters into a lease whlch entails takln8 substantially all the risks and rewarqls of ownershlp of an asset, the lease Is treated a5 a finance lease. Leases which do not transfer substantially all the rlsks and rewards of ownershlp to charlty are Classified as operaiing leases. A5set5 held under finance leases are Inltlally recognised as assets of the charity at thelr falr value at the lnceptlon of the lease or. If lower, at the present value of the minimum lease payments. The correspondlng liabillty to the lessor is included In the balance sheet date as a finance lease obllgatlon. Lease payments are apportloned between flnance expenses and reduction of the lease oblrgatlon so as to achleve a constant rate of Interest on the rernaining balance of the Ilability. Finance expenses are recognised immedlately, unless they are direttly attributable to qualifylng assets, in which case they are capllalised in accordance wlth the chartty's poliLy on borrowlng costs, ssels held under finance leases are depreclated In the same way as owned assets. Operatln8 lease payments are recognlsed as an expense on a stralght-llne bas15 over the lease temi. In the event that lease Incentives are receNed to enter into operating leases, such Incentlves are recognised as a liabillty. The aE8regate benefit of Incentlves Is recognlsed as a reductlon of rental expense on a str4i8ht-Ilne basis. Penslon Costs The charity operates a deflned contrlbutlon plan for tts employees. A defined contrlbutlon plan Is a penslon plan under which the company pays flxed contrlbutlons Into a separate entity. Once the contdbutions have been pald the company has no further payments obli8atlons. The contrlbutlons are recognlsed as expenses when they fall due. Amounts not pald are shown in accruals in the balance sheet. The assets of the plan are held separately from the company In Independently admln15tered fund5. ReIpt of donated goods. facilitles and servlces All donated goods, facilities and ser4lces recelved are recognlsed wlthin Incomln8 resources and expenditure at an estlmate of the value to the charhy. 2 Company stst The company Is a prlvate company Ilmlted by 8uarantee and consequently does not have share capltal, Page 14
Brl8hter Uvin8 Partnershlp Notes to the Accounts 3 Ststement of financial ActhiSties- prior year Unrestrlcted funds 2023 Restrlcted nds T•)tsl funds 2023 2023 In¢om• and endowments from: Donatlons and legacles Charltable activitles 400 44,312 456,4S3 609 456,853 44,921 Totsl 44,712 457,062 Xll,774 Expendlture on: Charitable actNltles 59,021 447,031 447,031 506,052 506,052 Total 59,021 Net In¢ome (14,309) 30,258 10.031 (30,258) (4,2781 Transfers between funds Net in¢ome before other ialnslllossesl Other galns ond Ios$L%&' Net mov•ment In funds 15,949 (20,227) (4,278) 15,949 {20,227) 14,278) Reconclllatlon of funds: Total funds brou8ht forward Total tunds carrled foNard 104,585 54,957 34,730 159,542 155,264 120,534 Page 15
Brl£hter LivlnB Partnershlp Notes to the Accounts 4 Income Irom donations and legacles Unrestrlrted Restrirted Total 2024 Total 2023 Soclal PrescriblnB rime To shine PHHoll Steve Morgan Foundatlon Hlgh Park - Blg Lottery Llvin8 Well Sefton Natlonal Lottery Communlty Fund Donations and legacles Jubllee Fund Sport England Together Fund Cook and Eat- Llvlng Well 5efton Localltles Grant PHP Fundln8 Warm Spaces Men's Shed Restrlcted 8rants held for smaller or8anlsations 8airetl Developments 276,640 276,640 223,219 7,850 4,225 28,250 41,997 109,728 4,225 28,250 41,997 109,728 109,728 64,627 1,297 2,365 3,662 1,620 4.250 11,000 10,802 10,802 18,275 8,796 3,008 3.300 3,080 3.080 1,500 2,797 1,500 479,884 477,087 456,853 5 In¢ome from charftabl• •ctlvftles Unrertrlcted Restrirted Total 2024 Totsl 2023 Charitable activities 3,057 320 3,377 7,146 609 Shoppln8 SeYvl¢é 28,930 31,987 28,930 32,307 37,166 44,921 320 Page 16
Brighter Uvlng partnehIp Notes to the Accounts 6 Expendlture on charlt•ble aetivltles Unrestri¢ted Restrfcted Total 2024 Total 2023 Expendlture on choritoble ortivltles Heakhy Livln8 Admln costs Employee costs Motor and travel costs 39,592 455,453 495,045 479,643 3.003 4,228 12,106 10,030 1,076 3,003 4.228 12,106 10,030 1,076 2,372 1,424 10,475 9,863 2,275 Premtses cosls General adminlstratNe cosls Legal and professional costs 70,035 455,453 525,488 506.052 7 Staff costs No employee recelved emoluments In excess of £60,000. 8 Tanilble flxed assets Motor Vehlclei Equlpm•nt Totsl Cost or revaluatlon At l Aprll 2023 At 31 March 2024 Depreclation and Impalrrnent At l April 2023 At 31 March 2024 8,000 8,000 8,000 8,000 8,000 8,IXIO Net book values At 31 March 2024 At 31 March 2023 9 Debtors 2024 2023 Trade debtors Prepayments and accrued income 33,971 2,187 36,158 1,810 1,810 Page 17
8riBhter Uvlng Partnership Notes lo the Accounts Credltors: amounts falllng due wlthin one year 2024 2023 Trade credltors Accruals 108.928 1.062 109,990 104,908 1,062 105,970 Page 18
Brl8hter Llvln8 Partneryhlp Notes to the AccouTrts 11 Movement In fvnds Incomlns r•sources (Includinz other At l Aprtl zaIns/lse$ 2023 Resources •xp•nd•d At31 Marth 2024 Restrf¢ted funds: Rthrted Inme lunds: Soclal Prescribin8 Locallty Grant Hl8h Park- 818 Lottery SCVS- Llvln8 Well Sefton Men's Shed PHHolt Steve MorBan Foundatlon Warm Spaces Men's Group 276,640 10,802 42.227 109.728 455 4.22S 28,250 3,080 2.000 (266,293) 110,619) 149,1571 {108,9531 1455) 1664) {14,232) (3,080) (2.OCQ 10,347 183 26,358 1,855 33,288 3,561 14,018 362 362 Totol 34,730 477.407 (455,453) 56,684 Unrestrkted fvnds: General lunds 70.534 34.784 (70,035) 35,283 0•$18n•ted fvnds: Contin8ency Fund Total 50,000 50,000 50,C Totsl funds 155,264 512,191 (525,4881 141,967 Purposes and restrlctlons In relatlon to the funds: Restrlcted funds., Soclal PrescriblnB Locallty Grant Hl8h Park- Bl8 Lottery SCVS - Uvln8 Well 5efton Men's Shed PHHolt Steve Morgan Foundatk)n Warm Spaces Men's Group Designated funds: Contln8eThry Fund Link workers Communlty artlvltles Communlty actmtles Wellness seThice Men's sochl actSvllles Community Actlvltles Staff salaries Pfovi5ion of warm sp•ces Men's social actlvities Page 19
Brf£hter Uvln8 Partnetshlp N•Xes to the Accounts 12 An•lys15 of net •ssets between lunds Unrestrlrted funds Restrlcted lundg Total Net rrent assets 85,283 85,283 56.684 56.684 141,967 141,967 13 Recon¢lll•tlon of nrt cash / (nrt debt At31 March 2024 At l Aprl 2023 C•$h flows Cash and cash equlvalents 259,424 259,424 (43.625) 143.625) 215,799 215,799 Net ush / (net debt) 259,424 (43,625) 215,799 FRS 102 requlres and entlty to report changes In net debt In the accountln8 perlod. Bri8hter Living Partnershlp does not carry any debt or other borrowln8s and has a posltlve net cash posltlon 14 R•l•t•d p•rty dlsdosures Controlllnq party The company Is Ilmfted by 6uarantee and has TK> sh•re capltll; thus rbo sln8le party controls the companv. Page 20