Prescot & Whiston Communty Advice Centre Ltd Registered Charity Number: 1110989 Registered Company Number.. 02937464 Prescot & Whlston Communlty Advlce Centra Ltd (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Prescot & Whiston Community Advice Centre Ltd Contents Pag? Legal and administrative information Report of the Trustees Independent Examiners report Statement of Financial Activities Balance Sheet 10 Notes fomiing part of the financial ststements.
Prescot & Whiston Community Advice Centre Ltd Legal and administratlve Inforniation Trustees: Mr. T Byron Mr. T Best Mr. S Byron Mr. K Pemberton Ms. G Flatley Mr. T Newman Ms. L Nelson Independent examiner: Ashurst Accountsncy Ltd 17 Duke Street Fomby Liverpool L37 4AN Reglstered Offlce: Prescot One Stop Shop Aspinall Street Prescot Knowsley Merseyside L3 5GA Registered Company number 02937464 Reglstered Charlty number: 1110989
Prescot & Whiston Community Advice Centre Ltd The Report of the Trustees for the year ended 31 March 2025. The trustees present their annual report and financial statements for the year ended 31 March 2025. The Charity was incorporated on 23 March 2003. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS 102) in preparirKJ the annual report and financial statements of the charity. ObJectSves and Actlvltles The chartable objects of Prescot & Whiston Communty Advice cent Ltd are to releve Fov&ty tythe Provision of advice and infomiation about health, welfare and other social benefits in the Metropolitan Borough of Knowsley. Structure, Governance and Management Governing document Prescot & Whlston Community Advice Centre Ltd is a charitable company limited by guarantee, incorpNated on Zth Mach 2LY)3, and was registered as a charity on 23 August 2005. The company was established under a memorandum of aSSi1ation which established the objects of the charitable company and Is governed by its articles of association. App'ntrnent of the Board of Trustees The Directors of Prescot & Whiston Community Advice Centre Ltd are also charity trustees for the purpose of charity law and under Prescot & Whiston Community Advlce Centre Ltd articles are known as the Board of Management. The trustees who served during the year are noted on the charity information page at the front of the financial statements. Trustee Induction and training Trustees are encouraged to attend appropriate external training courses that appertain to their role. In addition, they are expected to help Prescot & Whiston Community Advice Centre Ltd and be aware of poll¢les and procedures that we adhere to. Organisation The Board of Management meets rewlarly duriThJ year to maintain control over its governance. Risk management The trustees actively revlew the major risks which the charity faces on a regular basis and believe that adequate systems are in place to reducelmitigate signiFicant operational and business risks. Going Concern The board members consider li appropriate to adopt the going concem basis of accounting in preparing the financlal statements. Lc1 ALthity fijnding is award1 on a year-by-year basis. Flnanclal Revlew Reserves Pollcy The trustees consider the financial posltlon of the charty to be satisfactory. The Charity is in a relatively stable financial position with no unpaid debts and a small reserve. Reserves would only be held to meet any statutory requirement for redundancy payment liability and also to mitigate any inflationary increase in major essential overheads.
PresGOt & Whiston Community Advice Centre Ltd Future Plans The charity Is commltted to contlnulng to provlde a comprehensive free and Impartlal welfare rights advi, information and representation service for people who live and work in the Metropolitan Borough Counal of Knowsley regardless of the income or employment ststus of the individual. Public Benefft The trustees have given due consideration to the Charity Commissions Guidance on the operation of the Public Benefit requirement. Responsibilities of the Trustees The Trustees are responsible for preparing the Annual Report and the Financial Statements in accordance with the Companies Act 2006, and for being satisfied that the financial statements give a true and fair view. The Trustees are also resr)onsible for preparing financial statements in accordance with United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Cornpany law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources including incorne and expenditure for the financial year. In preparing those financial statements. the Trustees are required to: Select suitable accounting policies and then apply them consistently. Observe the methods and principles in the Charities SORP (FRS102)' Make judgments and estimates thal are reasonable and prudent: State whether applicable accounting stsndards have been followed, subject to any materlal departures disclosed and explained in the financial ststements: and Prepare the financial statements on the going concem basis unless it is inappropriate to presume that Ihe company will continue on that basis. The trustees are responsible for maintsining adequate accounting records which show and explain the Charity's transactions with reasonable accuracy at any time. the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Acl 2006. They are also responsible for safeguarding the assets of the charitable company and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as we are aware: There is no relevant information of which the charitable company's independent examiner are unaware of; and We have tsken all the steps Ihat we ought to have tsken to make ourselves aware of any relevant audit information and to estsblish Ihat the charitable company's independent examiners are aware of that inft)rmation. Relatsd Charitles Prescot & Whiston Community Advice Centre Ltd has no related charities. Basis of preparation This report and the financial statements have been prepared in accordance with the special provisions of Part Vll of the companles Act 2006 relating to smaller companies.
Prescot & Whlston Community Advlce Centre Ltd Transactions and financial position The financial statements are set out on pages 8 to 10. The Statement of Financlal Activities shows a Surplus for the year of £43,979 and a surplus forthe year in 2024 of £102,327. The reserves at the year end stand at £47.198, (2024: (£47,198) for unrestricted funds. and £147.498 {2024: £103,519 for restricted funds. Thls report was approved by the board and signed on their behalf by: T Byron Date OW0912025
Pre8COt & Whiston Communty Advice Centre Ltd Independent Examinerfs Report to th• Trustee8 of Prescot & Whlston Communlty Advlce Centre Ltd I report to the charity trustees on my examlnation of the accounts of the company for the year ended 31 March 2025 which are set out on pages 8 to 14. Responsibllities and basis of report As the charity trustees ofthe company (and also its directors forthe purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your companVs accounts as carri8d out under section 145 of the Charities Act 2011 {'the 2011 Act'}. In carrying out my examination I have followed the Directions given by the Charfty Commission under section 145(5)(b) of the 2011 Act. Independent examiner's statsmant I hav8 cornpleted my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the company as required by section 386 of the 2006 Act: or the accounts do not accord with those records; or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a Irue and fair view, which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102). I have no concerns and have come across no other matters in connectlon wlth the examlnation to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Kovln Guy FCA On behalf of AshurstAccountancy Ltd Chartered Accountants Date: 0310912025
Prescot & Whiston Communty Advice Centre Ltd Statement of Financial Actlvlties for the year ended 31 March 2025 Unrestricted Funds 2025 Restricted Funds 2025 Total Funds 2025 Total Funds 2024 Income and endowments from: Income from Charitable activities 181,972 17,569 199,541 276,656 Totsl income and endowments 181,972 17,569 199,541 276.656 Expenditure on: Charitable activltles (137.993) (17,569) (155.562) (174,329) Total expenditure (137.993) (17,569) (155,562) (174.329) Net expenditure 43,979 43.97g 102,327 Net movement in funds 43,979 43.979 102,327 Reconciliation of funds.. Total funds brought forward 103.519 47,198 150,717 48,390 Total funds carrled forward 147,498 47,198 194,696 150.717 Income and expenditure relate to both restricted and unrestricted activities derived from contSnuing activities.
Prescot & Whlston Community Advice Centre Ltd
Prescot & Whiston Communty Advice Centre Ltd Régisterèd Charlty Numbgr: 1110989 R•gi8tered Company Number: 02937464 Balance Sho01 for the Year Ended 31 March 2025 Notes 2025 2024 Flxed assets Tangible assets 2,311 3,082 Current assets Debtors Cash at bank 498 195.847 153796 Total current assets 196.345 153,796 Creditors Amounts due within one year Net current assets 192,385 147.635 Total assets less current liabilities 194.896 150,717 Creditors Amounts due after more than one year Not assets 150,717 The funds of th8 charity: Unrestrict8d r8venue accumulated funds Restrfcted revenue acxumulated funds 47,198 147 498 47,198 103 519 Total charity funds 194,696 150,717 For the year ending 31 March 2025, the company vrds exempt from audit under section 477 ofthe Companies Act 2006 relatlng to small companies. Directors, responsibilities.. the members have not required th8 company to obtain an audit of Its accounts for the year In questlon in accordance with section 476; the dir8Ctors acknowledge thelr responsibilities for complying wlth the requlrements of the Act with respect to accountlng records and the preparallon of th8 accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies, regime. The financlal statements were approved and authorised for issue on by the Board of Trustees and signed on OW0912025. T Byron The notes o pages 11 to 14 form an integral part of these accounts. io
Prescot & Whlston Community Advice Centr• Ltd Notes to the Financlal Statements forthe Year Ended 31 March 2025 1 Accountlng pollcles 8asls of preparatlon of the accounts Prescot & Whiston Communlty Advlce Centre Ltd is a company limited by guarantee, registered in England. The address of the registered office is given in the charity. information on page 1 of these financial statements. The charity constitutes a public entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities." Statement of Recommended Practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued October 2019 (second edition), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS 102). the Companies Act 2006 and UK General ACpted Practice as it applies from 1 January 2015. Going concem The trustees assess whether the use of going concern is appropriate and whether there any material uncertainties related to events or conditions that may cast significant doubt on t ability of the trust to continue as a going concern. The members of the council make this assessment each year in respect of a period of one year from the date of approval of the financlal statements. The financial statements are presented in sterling, which is the function81 currency of the charity and rounded to the nearest £. The financial statements are prepared under the historical cost convention. Incoming resources All Incoming resources are included in the Statement of Financial Activities when receipt is probable or more likely than not to be received, and the amount can be quanlified with reasonable accuracy. Resources expended. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings. they have been allocated to activities on a basis consistent with use of the resources. Fixed assets and depreciation Tangible fixed assets are stated at cost less depreciation. Depreciation has been provided at the following rates in order to write off the assets (less their estimated residual value) over their usefvl economic lives. Fixtures and filtings 250A reducing balance. Grants receivable Grants are included in the Statement of Financial Activities when the conditions for receiving the grant have been met, Their performance criteria are not yet met. grant income is deferred until such time as criteria is achieved. li
Prescot & Whlston Community Advlce Centre Ltd Notes to the Flnanclal Statements for the Year Ended 31 March 2025 A¢¢ountlng pollcles (contlnued) Finance and oparatlng leases. Rentals paid under operating leases are charged to income on a straight-line basis over the lease term. Surplus for tha flnanclal year 2025 2024 This Is statod after charging:_ Independent Examinerfs Fees 2.51X) Staff Costs and Emoluments Salaries and wages Employer's National Insurance Pension costs 129,352 6,574 144,405 7,733 375 152,513 135,926 Numbers of full-time employees or full-tirne equlvents Management and administration There were no fees or expenses paid to the trustees. There were no employees with emoluments In excess of £60,000 per annum. 4 Taxation Taxation is not provided on the grounds that Part 11 of the Corporation Tax Act 2010 applies (tax exemption for charitable companies). 12
Prescot & Whiston Communlty Advlce Centre Ltd Notes to the Flnancial Statements forthe Year Endod 31 March 2025 Tangible fixed assets Fixtures and flttlngs Cost As 1 April 2024 Additions As 31 March 2025 14,490 14.490 Accumulated depreciation As 1 April 2024 Charge for the year At 31 March 2025 11,408 771 12,179 NBV at 31 March 2025 NBV at 31 March 2024 2.311 3,082 6 Debtors 2025 2024 Trade debtors 7 Creditors: amounts falllng due within one-year 2025 2024 Trade creditors Accrued expenses Taxation and social security Other Creditors 3,960 3,960 1,259 3,960 6,161 13
Prescot & Whlston Community Advlco Contre Ltd Notes to the Flnanclal Statements for the Year Ended 31 March 2025 Analysis of Fund8 At 31 March 2023 Incomlng Outgoing At31 Incoming Outgoing Resources Resources March 2024 Resources Resources At 31 March 2025 Unrestrlcted General reseNe (6,690} 169.156 (115.268} 47.198 17,569 {17.569) 47.198 KMBC MH project 55,080 107.5Crf) (59,061) 103,519 181.972 1137,993) 147,498 Total Reserves 48,390 276.6S6 (174329) 150,717 1991 1155,562) 194,696 KMBC (MH) Mental Health Project This funding is provided as part of a 2-year project funded through the Better Together Hardship Fund from Knowsley Borough Council to offer direct specialist support from the charities team of advisors on welfare rlghts, housing and debt issues. Related party tran8actions There were no related paty transactlons In the year under review. 10 Share Capital The company is limited by guarantee and as such does not have a share capital. In the event of a wlnding up, the members will each contribute a sum not exceeding £1. 14