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← North Birkenhead Development Trust Limited

2025-03-31-accounts

Company Registration Number - 05318727

The Charity Registration Number is :- 1113406

North Birkenhead Development Trust Limited

Report and Accounts

31 March 2025

North Birkenhead Development Trust Limited

Report and accounts for the year ended 31 March 2025

Contents

Page
Charity information 1
Trustees' Annual Report 1
Statement of directors' responsibilities 7
Independent Examiner's Report 9
Funds Statements:-
Statement of Financial Activities 11
Statement of Financial Activities - Prior Year statement 12
Statement of total recognised gains and losses 13
Movements in funds 13
Revenue Funds 14
Income and Expenditure account 15
Summary of funds 15
Balance sheet 16
Notes to the accounts 18

North Birkenhead Development Trust Limited

Company Registration Number - 05318727

Trustees' Annual Report for the year ended 31 March 2025

The Trustees present their Report and Accounts for the year ended 31 March 2025, which also comprises the Directors' Report required by the Companies Act 2006.

Reference and administrative details

The charity name.

The legal name of the charity is:- North Birkenhead Development Trust Limited.

The charity's areas operation and UK charitable registration.

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1113406.

.

The charity does not operate in any overseas jurisdictions.

Legal structure of the charity

The charity is constituted as a company limited by guarantee, registered under the Companies Acts . The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation.

The governing document is dated 21 December 2004

There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.

By operation of law all, trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation.

The trustees are all individuals.

1

North Birkenhead Development Trust Limited

Company Registration Number - 05318727

Trustees' Annual Report for the year ended 31 March 2025

The principal operating address, telephone number, email and web addresses of the charity

St. James Centre 344 Laird Street, Birkenhead Merseyside, CH41 7AL Telephone Email Address Web address

The registered office of the charity for Companies Act purposes is the same as the operating address shown above.

The Trustees in office on the date the report was approved were:-

Rev. Keith Paul Addenbrooke

Kimberley Griffiths (appointed 25th April 2024) Doreen Forrester Janet Mcdonald (appointed 25th April 2024) Leah Kirkbride Aline Macready Paula Morris Martin Purssell Julie McManus (Appointed 26th February 2025)

The following persons served as Trustees during the year ended 31 March 2025 :-

The trustees who served as a trustee in the reporting period, and, if applicable, their dates of appointment or resignation during the year were:-.

Name Appointed Resigned/Retired Karen Gaynor Beazley 18th June 2024 Brian Martin Kenny 25th April 2024

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North Birkenhead Development Trust Limited

Company Registration Number - 05318727

Trustees' Annual Report for the year ended 31 March 2025

Objects and activities of the charity

North Birkenhead Development Trust are a charity based in Bidston and St James Ward, Birkenhead, where we seek to improve the quality of life and opportunities for all living in our community. As a charity, we manage and deliver from the St James Centre, a multi purpose community centre, with a community café, fresh fruit and veg Marketplace, Library, day nursery, foodbank, full weekly ‘whats on’, near by community garden, and more.

North Birkenhead Development Trust and the St James Centre are also landlord and home to partner organisations; WIRED, NCompass, Unity Supported Housing, Cradle to Career, Crossing Point, Wirral Foodbank, Miriam Place Day Nursery, and more. Over the course of a year, the Trust has 40 000 visitors to the centre, and works closely with 5550 individuals.

North Birkenhead Development Trust continues to actively seek funding to alleviate the causes of poverty in its locality, whilst offering an open access community centre, with activities and support for all in the community.

We continue to focus on funding and delivering our core services, keeping our doors open, working with partners to fill gaps in our offer and forward planning for the future to ensure a better financial position for the trust.

Community Program

During the year, the Trust delivered the Holiday Activity and Food program, during the summer, spring and Christmas holidays, supporting over 250 children and families to access activities and nutritious food during the school holidays.

A key focus throughout the year was listening to the community. Staff, volunteers and community members spent time engaging with local people to understand current challenges, emerging needs, and what life looks like for families locally. These conversations raised concerns such as housing conditions, low wages, cost of living rises, and childcare. This informs both current delivery and future planning. As the Trusts financial position continues to stabilise, this insight will be used to share new activities and opportunities, that respond directly to what the community has told us it need.

Through community engagement and listening, the Trust identified a clear need for accessible, free, informal early years provision. While welfare support was a core focus for 23/24, it became increasingly clear that many families with young children were experiencing isolation, financial pressure and lack of low cost local activities to support early development. Families did not want to feel as if they were in ‘early prevention’ or ‘parenting courses’, instead wanting to access what ‘middle class’ families have available to them – fun, creative, informal support.

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North Birkenhead Development Trust Limited

Company Registration Number - 05318727

Trustees' Annual Report for the year ended 31 March 2025

Working with families, we developed Here We Grow – a dedicated early years program for children under 5, and their parents and carers. The program aims to alleviate financial pressures on young families, strengthen family and community connections and reduce isolation, by offering a regular, stable timetable of activities, play opportunities and support, all in the familiar setting of the centre. A new staff member was employed to lead this, which proved immediately popular. Over the year, the Trust saw relationships with young families strength, support become more accessible. It also enabled the growth of new partnerships such as Baby Club with Foundation Years Trust.

We continue to be a local authority Family Hub and work closely with Cradle to Career team based here to ensure families have access to early help and support.

In the lead up the 2024 general election, the Trust once again delivered ‘Whats It All About?’ Week, aimed at ensuring the community has access to clear, factual information about the election process and democracy, and opportunities to engage in informal conversations with local candidates. The Trust also developed Birkenhead North Manifesto with local people, collating the issues most important to this community. This Manifesto was formally presented to Alison McGovern MP in parliament, ensuring local voices are represented at national level.

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North Birkenhead Development Trust Limited

Company Registration Number - 05318727

Trustees' Annual Report for the year ended 31 March 2025

Structure, governance and management of the charity

The methods used to recruit and appoint new charity trustees.

As set out in the Articles of Association, the board of Directors/Trustees are the nominees of the members of the Charity/Company. The Trustees have the power to co-opt other trustes and have co-opted the main trustees. The Chair of Trustees is elected from amongst the trustees. Under the requirements of the Memorandum and Articles of Association the trustees are elected to serve on the board for a period of 3 years. The trustees nominated by the Members of the company are subject to the appointment processes reviewed by the Board periodically.

Bankers HSBC, Milton pavement, Birkenhead, Wirral Accountants APH Accountants Ltd, 259 Wallasey Villag, Wallasey, CH45 3LR

Financial review

The charity's financial position at the end of the year ended 31 March 2025

The financial position of the charity at 31 March 2025 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-

Restricted Revenue Funds
Total Funds
Net income
Unrestricted Revenue Funds available for the
general purposes of the charity		 2025
£
49,851
71,757
108,061
179,818		 2024
£
(21,543)
38,223
91,746
129,969

Financial review of the position at the reporting date, 31 March 2025 .

North Birkenhead Development Trust manages it finances in a prudent manner and with due dilligence. Careful management of expenditure, successful charitable trust and grant applications and the achievement of a satisfactorily maintained level of letting and room hire have ensured costs are met. The surplus of £49,851 in the year is reflective of the efforts to recoup rserves used in previous years and ensure an adequate level of unrstricted reserves.

5

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North Birkenhead Development Trust Limited

Company Registration Number - 05318727

Trustees' Annual Report for the year ended 31 March 2025

Policies on reserves.

In line with the guidance provided by the Charity Commission, the trustees aim to maintain free reserves at approximately 6 months operating costs. This amounts to £77,500. At the year end unrestricted reserves were £71,757. The trustees recognise this is adequate.

Availability and adequacy of assets of each of the funds

The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.

Details of The Independent Examiner

Paul White

Member of Chartered Institute of Management Accountants

259 Wallasey Village

Wallasey Merseyside CH45 3LR

6

North Birkenhead Development Trust Limited

Company Registration Number - 05318727

Trustees' Annual Report for the year ended 31 March 2025

Statement of the Directors Trustees' Responsibilities

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), .

In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-

The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.

7

North Birkenhead Development Trust Limited

Company Registration Number - 05318727

Trustees' Annual Report for the year ended 31 March 2025

Method of preparation of accounts - Small company provisions

The financial statements are set out on pages 11 to 34.

The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016)

These financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

This report was approved by the board of trustees on 23 December 2025.

Martin Purssell Director and Trustee

8

North Birkenhead Development Trust Limited

Report of the Independent Examiner to the Trustees of the charitable company on the accounts for the year ended 31 March 2025

I report to the Trustees on my examination of the financial statements of the charitable company on pages 11 to 34 for the year ended 31 March 2025 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 18.

Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report

As described on page 7, you, the charitable company's Trustees, who are also the Directors of the Company for the purposes of Company law, are responsible for the preparation of the financial statements in accordance with the Companies Act 2006, the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.

The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the memorandum and articles of the charity for the conducting of an audit, and that the accounts do not require an audit in accordance with Part 16 of the Companies Act 2006 and that no member or members have requested an audit pursuant to Section 476 of the Companies Act 2006. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.

Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-

a) examine the financial statements of the charity under Section 145 of the Act;

b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of Independent Examiner's Statement and scope of work undertaken

Since the charitable company's gross income exceeded £250,000, the charitable company's examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am an authorised member of Chartered Institute of Management Accountants, which is one of the listed bodies.

I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charitable company and of the accounting systems employed by the charitable company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide

9

North Birkenhead Development Trust Limited

Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.

Independent Examiner's Statement, Report and Opinion

Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-

The accounts of this charitable company are not required to be audited under Part 16 of the Companies Act 2006;

The gross income of the charitable company in the year ended 31 March 2025 appears to exceed the sum specified in Section 145(3) of the Act, namely £250000, and that I am qualified to act as Independent Examiner in accordance with that section by virtue of my being a qualified member of Chartered Institute of Management Accountants;

This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;

and that no material 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 charity as required by Section 386 of the Companies Act 2006 and Section 130 of The Charities Act 2011;

the financial statements do not accord with those records; or

the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair' view, which is not a matter considered as part of an independent examination;

have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Signed:-

Paul White - Independent Examiner

Chartered Institute of Management Accountants

259 Wallasey Village Wallasey Merseyside CH45 3LR

This report was signed on 23 December 2025

10

North Birkenhead Development Trust Limited - Statement of Financial Activities for the year ended 31 March 2025

Statement of Financial Activities (including the Income and Expenditure Account for the year ended 31 March 2025, as required by the Companies Act 2006)

Current year
Unrestricted
Funds
2025
£
Income & Endowments from:
Donations & Legacies
A1
13,087
Charitable activities
A2
23,354
Investments
A4
123,480
Total income
A
159,921
Expenditure on:
Charitable activities
B2
126,385
Total expenditure
B
126,385
Net income for the year
33,536
Net income after transfers
A-B-C
33,536
33,536
Reconciliation of funds:-
E
Total funds brought forward
38,223
Total funds carried forward
71,759
SORP
Ref
Net movement in funds		 Current year
Restricted
Funds
2025
£
-
322,606
-
322,606
306,291
306,291
16,315
16,315
16,315
91,746
108,061		 Current year
Total Funds
2025
£
13,087
345,960
123,480
482,527
432,676
432,676
49,851
49,851
49,851
129,969
179,820		 Prior Year
Total Funds
2024
£
5,184
226,750
118,114
350,048
371,591
371,591
(21,543)
(21,543)
(21,543)
151,512
129,969

The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

All activities derive from continuing operations

The notes attached on pages 18 to 34 form an integral part of these accounts.

11

North Birkenhead Development Trust Limited - Statement of Financial Activities for the year ended 31 March 2025

North Birkenhead Development Trust Limited - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP

Income & Endowments from:
Donations & Legacies
A1
Charitable activities
A2
Other trading activities
A3
Investments
A4
Other
A5
Total income
A
Expenditure on:
Raising funds
B1
Charitable activities
B2
Other
B3
Tax on surplus on ordinary activiti
B3
Other taxation
B3
Total expenditure
B
B4
Net income for the year
Transfers between funds
C
Net income after transfers
Reconciliation of funds:-
E
Total funds brought forward
Total funds carried forward
Net movement in funds
SORP
Ref
Net gains on investments		 Prior Year
Unrestricted
Funds
2024
£
5,184
179,278
-
118,114
-
302,576
-
370,727
-
-
-
370,727
-
(68,151)
-
(68,151)
(68,151)
106,374
38,223

 Prior Year
Restricted
Funds
2024
£
-
47,472
-
-
-
-
47,472
-
864
-
-
-
-
864
-
46,608
-
46,608
46,608
45,138
91,746		 Prior Year
Total Funds
2024
£
5,184
226,750
-
118,114
-
350,048
-
371,591
-
-
-
371,591
-
(21,543)
-
(21,543)
(21,543)
151,512
129,969

All activities derive from continuing operations

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.'

The notes attached on pages 18 to 34 form an integral part of these accounts.

12

North Birkenhead Development Trust Limited - Statement of Financial Activities for the year ended 31 March 2025

North Birkenhead Development Trust Limited - Resources applied in the year ended 31 March 2025 towards fixed assets for Charity use:-

Funds generated in the year as detailed in the SOFA
Net resources available to fund charitable activities		 2025
£
49,851
49,851		 2024
£
(21,543)
(21,543)

The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals.

The notes attached on pages 18 to 34 form an integral part of these accounts.

13

North Birkenhead Development Trust Limited - Statement of Financial Activities for the year ended 31 March 2025

Movements in revenue and capital funds for the year ended 31 March 2025

Revenue accumulated funds

Unrestricted
Funds
2025
£
Accumulated funds brought forward
38,223
33,536
71,759
Closing revenue funds
71,759
Summary of funds
Unrestricted
and
Designated funds
2025
£
Revenue accumulated funds
71,759
Recognised gains and losses before
transfers		 Restricted
Funds
2025
£
91,746
16,315
108,061
108,061
Restricted
Funds
2025
£
108,061		 Total
Funds
2025
£
129,969
49,851
179,820
179,820
Total
Funds
2025
£
179,820		 Last year
Total Funds
2024
£
151,512
(21,543)
129,969
129,969
Last Year
Total Funds
2024
£
129,969

The notes attached on pages 18 to 34 form an integral part of these accounts.

14

North Birkenhead Development Trust Limited - Statement of Financial Activities for the year ended 31 March 2025

North Birkenhead Development Trust Limited Income and Expenditure Account for the year ended 31 March 2025 as required by the Companies Act 2006

Income
Income from operations
Income from investments, other than interest receivable
Interest receivable
Gross income in the year before exceptional items
Gross income in the year including exceptional items
Expenditure
Charitable expenditure, excluding depreciation and amortisation
Depreciation and amortisation
Realised losses on disposals of social investments which are programme related
Total expenditure in the year
Tax on surplus on ordinary activities
Retained surplus for the financial year
Net income after tax in the financial year
Net income before tax in the financial year
Investment income		 2025
£
359,048
121,443
2,037
482,528
482,528
430,308
2,368
-
432,676
49,852
-
49,852
49,852		 2024
£
231,934
116,264
1,850
350,048
350,048
368,745
2,846
-
371,591
(21,543)
-
(21,543)
(21,543)

All activities derive from continuing operations

In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.

The notes attached on pages 18 to 34 form an integral part of these accounts.

15

North Birkenhead Development Trust Limited - Balance Sheet as at 31 March 2025

SORP
Note Ref 2025 2024
£ £
Fixed assets A
Tangible assets 10 A2 5,595 7,963
Current assets B
Stocks B1 1,179 788
Debtors 13 B2 15,284 18,250
Cash at bank and in hand B4 205,027 183,912
Total current assets 221,490 202,950
Creditors: amounts falling due within
one year 14 C1 (47,265) (80,944)
Net current assets 174,225 122,006
The total net assets of the charity 179,820 129,969
The total net assets of the charity are funded by the funds of the charity, as follows:-
Restricted funds
Restricted Revenue Funds 20 D2 108,061 91,747
Unrestricted Funds 108,061 91,746
Unrestricted Revenue Funds 20 D3 71,759 38,223
Designated Funds 71,759 38,223
Total charity funds 179,820 129,969

The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

16

North Birkenhead Development Trust Limited - Balance Sheet as at 31 March 2025

The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 10.

The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

Martin Purssell

Trustee

Approved by the board of trustees on 23 December 2025

The notes attached on pages 18 to 34 form an integral part of these accounts.

17

North Birkenhead Development Trust Limited

Notes to the Accounts for the year ended 31 March 2025

1 Accounting policies

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.

Going Concern

At the time of preparing the financial startements the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

Risks and future assumptions

The charity is a public benefit entity.

The major risks to which the Charity is exposed, as identified by the Trustees, have been reviewed and systems have been established to manage those risks.

Policies relating to categories of income and income recognition.

Nature of income

Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Categories of Income

Income is categorised as income from exchange transactions (contract income) and income from non-exchange transactions (gifts), investment income and other income.

Income from exchange transactions is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.

Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.

18

North Birkenhead Development Trust Limited

Notes to the Accounts for the year ended 31 March 2025

Income recognition

Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.

Dividends are accrued when the shareholder’s right to receive payment is established.

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.

All income is accounted for gross, before deducting any related fees or costs.

Accounting for deferred income and income received in advance

Where terms and conditions relating to income have not been met or uncertainty exists as to whether the charity can meet any terms or conditions otherwise within its control, income is not recognised but is deferred as a liability until it is probable that the terms or conditions imposed can be met.

Any grant that is subject to performance-related conditions received in advance of delivering the goods and services required by that condition, or is subject to unmet conditions wholly outside the control of the recipient charity, is accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met.

When income from a grant or donation has not been recognised due to the conditions applying to the gift not being wholly within the control of the recipient charity, it is disclosed as a contingent asset if receipt of the grant or donation is probable once those conditions are met.

Where time related conditions are imposed or implied by a funder, then the income is apportioned to the time periods concerned,and, where applicable, is accounted for as a liability and shown on the balance sheet as deferred income. When grants are received in advance of the expenditure on the activity funded by them, but there are no specific time related conditions, then the income is not deferred.

Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the income concerned, but a liability to any repayment is recognised when repayment becomes probable.

Policies relating to expenditure on goods and services provided to the charity.

Recognition of liabilities and expenditure

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..

Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.

19

North Birkenhead Development Trust Limited

Notes to the Accounts for the year ended 31 March 2025

Policies relating to assets, liabilities and provisions and other matters.

Tangible fixed assets

Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.

Plant and machinery

15 & 33

% reducing balance

A regular annual review of the likelihood of asset impairment is undertaken.

Stocks and work in progress

Stock is valued at the lower of cost and net realisable value.

Debtors

Debtors are measured at their recoverable amounts at the balance sheet date.

Creditors and provisions

Creditors are measured at their payable amounts at the balance sheet date

Cash and Bank Balances

Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.

Pensions - defined contribution schemes

The charity operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

Fund Accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

There are no designated funds

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.

There are no endowment funds.

20

North Birkenhead Development Trust Limited

Notes to the Accounts for the year ended 31 March 2025

2 Liability to taxation

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 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 on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.

3 Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

4 Significance of financial instruments to the charity's position

There are no significant implications of financial instruments to the Charity's position or performance.

5 Net surplus before tax in the financial year

Net surplus before tax in the financial year
2025 2024
£ £
The net surplus before tax in the financial year is stated after charging:-
Depreciation of owned fixed assets 2,368 2,846
Pension costs 10,056 9,757

21

North Birkenhead Development Trust Limited

Notes to the Accounts for the year ended 31 March 2025

6 Staff costs and emoluments

Salary costs
Gross Salaries excluding trustees and key management personnel
Employer's operating costs of defined
contribution pension schemes
Total salaries, wages and related costs
The average number of full time staff employed in the year was		 2025
£
147,595
10,056
157,651
7		 2024
£
140,519
9,757
150,276
9

Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related entity, either in the current or prior year.

No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.

7 Defined contribution pension schemes

The charity operates a defined contribution pension scheme, the costs of which are shown above.

Any liabilites and assets associated with the scheme are shown under debtors and creditors.

8 Remuneration and payments to Trustees and persons connected with them

No trustees or persons connected with them received any remuneration from the charity, or any related entity.

22

North Birkenhead Development Trust Limited

Notes to the Accounts for the year ended 31 March 2025 9 Deferred income - Restricted funds

Current Year
Awards for All Community Fund
John Moores Foundation
Garfield Weston
Seed Fund
Access Foundation
Cloth Workers
Henry Smith Foundation
Total
These deferrals are included in creditors
Prior Year
Awards for All Community Fund
John Moores Foundation
Garfield Weston
Seed Fund
Access Foundation
Total
These deferrals are included in creditors		 Opening
Deferrals
£
18,920
9,500
20,000
5,514
17,599
-
-
71,533
Opening
Deferrals
£
-
-
-
-
-
-		 Released
from prior
years
£
(18,920)
(9,500)
(20,000)
(5,514)
(17,599)
-
-
(71,533)
Released
from prior
years
£
-
-
-
-
-
-		 Received
less released
in year
£
-
-
-
-
-
5,475
31,600
37,075
2025
£
37,075
Received
less released
in year
£
18,920
9,500
20,000
5,514
17,599
71,533
2024
£
71,533		 Deferred
at year end
£
-
-
-
-
-
5,475
31,600
37,075
2024
£
71,533
Deferred
at year end
£
18,920
9,500
20,000
5,514
17,599
71,533
2023
£
-

The deferrals included in creditors relate to funding specified by the funders as relating to specific periods and represent those parts of restricted funds which relate to periods subsequent to the accounting year end and are treated as grants in advance, or, alternatively ,where there are conditions which must be fulfilled prior to entitlement or use of the restricted funds by the charity .

10 Tangible fixed assets

Current Year Land and
Buildings		 Plant &
Machinery		 Motor
Vehicles		 Total
£ £ £ £
Cost
At 1 April 2024 - 91,481 - 91,481

23

North Birkenhead Development Trust Limited

Notes to the Accounts for the year ended 31 March 2025
At 31 March 2025
-
Depreciation
At 1 April 2024
-
Charge for the year
-
At 31 March 2025
-
Net book value
At 31 March 2025
-
At 31 March 2024
-
Prior Year
Land and		 91,481
83,518
2,368
85,886
5,595
7,963
Plant &		 -
-
-
-
-
-
Motor		 91,481
83,518
2,368
85,886
5,595
7,963
Total

24

North Birkenhead Development Trust Limited

Notes to the Accounts for the year ended 31 March 2025 11 Investment pooling schemes and arrangements

There are no such schemes in the charity

12 Stocks & Work in Progress
Stocks before write downs
Analysis of the carrying value of stocks and work in progress by activities
2025
2024
£
£
Activity
Primary purpose and ancillary trading1
-
-
-
-
13 Debtors
Trade debtors
Prepayments and accrued income
14 Creditors: amounts falling due within one year
Trade creditors
Accruals
Deferred Income - Restricted funds
Other creditors
Work in Progress		 2025
2024
£
£
1,179
788
1,179
788
2025
2024
£
£
1,179
788
1,179
788
2025
2024
£
£
5,615
8,552
9,669
9,698
15,284
18,250
2025
2024
£
£
4,376
2,218
4,085
5,702
37,075
71,533
1,732
1,489
47,268
80,942
Stocks

15 Loans to trustees included in debtors

There are no loans to Trustees included in debtors

25

North Birkenhead Development Trust Limited

Notes to the Accounts for the year ended 31 March 2025

16 Guarantees made by the charity on behalf of trustees

There are no guarentees made by the charity on behalf of trustees

26

North Birkenhead Development Trust Limited

Notes to the Accounts for the year ended 31 March 2025

17 Income and Expenditure account summary
At 1 April 2024
Surplus after tax for the year
At 31 March 2025		 2025
£
129,969
49,852
179,821		 2024
£
151,512
(21,543)
129,969

18 No related party transactions

There were no transactions with related parties in the year.

19 Particulars of how particular funds are represented by assets and liabilities

At 31 March 2025
Tangible Fixed Assets
Current Assets
Current Liabilities
At 1 April 2024
Tangible Fixed Assets
Current Assets
Current Liabilities		 Unrestricted
funds
£
5,595
113,429
(47,265)
71,759
Unrestricted
funds
£
7,963
111,204
(80,944)
38,223		 Designated
funds
£
-
-
-
Designated
funds
£
-
-
-
-		 Restricted
funds
£
-
108,061
-
108,061
Restricted
funds
£
-
91,746
-
91,746		 Total
Funds
£
5,595
221,490
(47,265)
179,820
Total
Funds
£
7,963
202,950
(80,944)
129,969

27

North Birkenhead Development Trust Limited

Notes to the Accounts for the year ended 31 March 2025

20 Change in total funds over the year as shown in Note 19 , analysed by individual funds

Funds brought
forward from
2024
£
Unrestricted and designated funds:-
Unrestricted Revenue Funds
38,223
Total unrestricted and designated funds
38,223
Restricted funds:-
Seed Fund
1,368
Household Support
18,379
Sundry other funds
71,999
Total restricted funds
91,746
Total charity funds
129,969
21 Analysis of movements in funds over the year as shown in Note
Income
2025
£
Unrestricted and designated funds:-
Unrestricted Revenue Funds
159,921
Restricted funds:-
Community Fund
2,667
John Moores Foundation
12,000
Garfield Weston
20,000
BRIS
65,035
The Steve Morgan Foundation
36,118
Henry Smith Foundation
31,600
Holiday Activity Fund
27,751
Access Foundation
17,599
Household Support
37,069
Sundry other funds
72,767
482,527		 Movement in
funds in 2025
See Note 21
£
33,536
33,536
(1,368)
(18,379)
36,062
16,315
49,851
20
Expenditure
2025
£
(126,385)
(2,667)
(12,000)
(20,000)
(65,035)
(36,118)
(31,600)
(27,751)
(17,599)
(55,448)
(38,073)
(432,676)		 See Note 0
£
-
-
-
-
-
-
-
Other
Gains &
Losses
2025
£
-
-
-
-
-
-
-
-
-
-
-
-
Transfers
between
funds in 2025		 Funds carried
forward to
2026
£
71,759
71,759
-
-
108,061
108,061
179,820
Movement
in funds
2025
£
33,536
-
-
-
-
-
-
-
-
(18,379)
34,694
49,851

28

North Birkenhead Development Trust Limited

Notes to the Accounts for the year ended 31 March 2025

29

North Birkenhead Development Trust Limited

Notes to the Accounts for the year ended 31 March 2025

22 The purposes for which the funds as

Unrestricted and designated funds:-

Unrestricted Revenue Funds

These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use.

Restricted funds:-

Restricted funds

Restricted funds are held and expended on the costs specified in the particular grant docuementation for the funder, and in the timeframe specified.

23 Ultimate controlling party

The charity is under the control of its legal members.

30

North Birkenhead Development Trust Limited

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

This analysis is classsified by conventional nominal descriptions and not by activity.

24 Donations, Grants and Legacies

24
Donations, Grants and Legacies
Current year
Unrestricted
Funds
2025
£
Donations and gifts from individuals
11,087
2,000
13,087
Total Donations, Grants and Legacies
Total Donations, Grants and
Legacies
A1
13,087
25 Income from charitable activities - Trading Activities
Current year
Current year
Unrestricted
Funds
2025
£
Primary purpose and ancillary trading
18,368
18,368
Total Primary purpose and ancillary
trading
Sale of goods and services in accordance
with the charity's objects
Small donations individually less than £1000
Other donations
Total donations and gifts from
individuals		 Current year
Unrestricted
Funds
2025
£
11,087
2,000
13,087		 Current year
Restricted
Funds
2025
£
-
-
-		 Current year
Total Funds
2025
£
11,087
2,000
13,087		 Prior Year
Total Funds
2024
£
3,384
1,800
5,184
5,184
Prior Year
Total funds
2024
£
19,456
19,456
-
Current year
Restricted
Funds
2025
£
-
-		 13,087
Current year
Total Funds
2025
£
18,368
18,368

31

North Birkenhead Development Trust Limited

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

----- Start of picture text -----
|||||| |---|---|---|---|---| |Current year|Current year|Current year|Prior Year| |Unrestricted|Restricted|Total Funds|Total Funds| |Funds|Funds| |2025|2025|2025|2024| |£|£|£|£| |Performance related grants from non| |public bodies to fund charitable| |activities| |Holiday Activity Fund|-|27,751|27,751|47,452| |Seed Fund| |-|5,514|5,514|5,917| |Household Support|-|37,069|37,069|34,125| |John Moores Foundation| |-|12,000|12,000|-| |Awards for All Marketplace|406|-|406|406| |BRIS| |-|65,035|65,035|60,007| |Access Foundation| |-|17,599|17,599|2,200| |Henry Smith Foundation|-|31,600|31,600|-| |Community Fund|-|2,667|2,667|1,000| |Lifelong learning (Multiply)|-|3,114|3,114|10,200| |Sundry other funds| |4,580|64,139|68,719|11,908| |The Steve Morgan Foundation|-|36,118|36,118|24,079| |Garfield Weston| |-|20,000|20,000|10,000| |Total performance related grants from| |4,986|322,606|327,592|207,294| |non public bodies|

----- End of picture text -----

All the income in the prior year was unrestricted.

Performance related grants from non public bodies to fund charitable activities - Prior Year analysis

----- Start of picture text -----
||||| |---|---|---|---| |Prior Year|Prior Year|Prior Year| |Unrestricted|Restricted| |Total Funds| |Funds|Funds| |2024|2024|2024| |£|£|£| |Prior Year|159,822|47,472|207,294|

----- End of picture text -----

32

North Birkenhead Development Trust Limited

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

Total Charitable income from funders:-
Prior year
Prior Year - Income from funders
26
Current year
Total income from charitable trading
Income from funders
Total from charitable activities
A2
Income from charitable activities - Prior Year analysis
Prior year
Total income from charitable trading
Income from funders
Current year - income from funders
Total Income from charitable activities		 Unrestricted
Funds
2025
£
4,986
Prior Year
Unrestricted
Funds
2024
£
159,822
Current year
Unrestricted
Funds
2025
£
18,368
4,986
23,354
Prior Year
Unrestricted
Funds
2024
£
19,456
159,822
179,278		 Restricted
Funds
2025
£
322,606
Prior Year
Restricted
Funds
2024
£
47,472
Current year
Restricted
Funds
2025
£
-
322,606
322,606
Prior Year
Restricted
Funds
2024
£
-
47,472
47,472		 Total Funds
2025
£
327,592
Prior Year
Total Funds
2024
£
207,294
Current year
Total Funds
2025
£
18,368
327,592
345,960
Prior Year
Total Funds
2024
£
19,456
207,294
226,750		 Prior Year
Total Funds
2024
£
207,294
Prior Year
Total Funds
2024
£
19,456
207,294
226,750

33

North Birkenhead Development Trust Limited

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

27 Investment income

Property Rental Income
Bank Interest Receivable
Total investment income
A4		 Current year
Unrestricted
Funds
2025
£
121,443
2,037
123,480		 Current year
Restricted
Funds
2025
£
-
-
-		 Current year
Total Funds
2025
£
121,443
2,037
123,480		 Prior Year
Total Funds
2024
£
116,264
1,850
118,114

28 Expenditure on charitable activities - Direct spending

Current Year
Total direct spending
B2a
Defined contribution pension costs -
charitable activities
Activity costs
Gross wages and salaries - charitable
activities
Licences
Travel and Subsistence - Charitable
Activities		 Current year
Unrestricted
Funds
2025
£
-
10,056
1,755
14,422
2,352
28,585		 Current year
Restricted
Funds
2025
£
147,595
-
-
101,599
-
249,194		 Current year
Total Funds
2025
£
147,595
10,056
1,755
116,021
2,352
277,779		 Prior Year
Total Funds
2024
£
140,519
9,757
1,427
88,053
1,538
241,294

34

North Birkenhead Development Trust Limited

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

29 Expenditure on charitable activities - Charitable trading

Current Year
Total charitable trading costs
B2b
All the expenditure in the prior year was unrestricted.
Prior Year
Total charitable trading costs
B2b
Costs of ancillary trading to benefit
beneficiaries - Including movement in
Costs of ancillary trading to benefit
beneficiaries - Including movement in
stock for ancillary trading		 Current year
Unrestricted
Funds
2025
£
30,380
30,380
Prior Year
Unrestricted
Funds
2024
£
29,969
29,969		 Current year
Restricted
Funds
2025
£
-
-
Prior Year
Restricted
Funds
2024
£
525
525		 Current year
Prior Year
Total Funds
Total Funds
2025
2024
£
£
30,380
30,494
30,380
30,494
Prior Year
Total Funds
2024
£
30,494
30,494

35

North Birkenhead Development Trust Limited

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

30 Support costs for charitable activities

Current year
Current year
Current Year
Unrestricted
Funds
Restricted
Funds
2025
2025
£
£
Premises Expenses
16,802
45,000
25,298
-
570
12,097
287
-
Administrative overheads
8,357
-
3
-
1,906
-
1,173
-
662
-
5,790
-
2,534
-
1,215
-
344
-
Financial costs
111
-
2,368
-
Support costs before reallocation
67,420
57,097
Total support costs - Current Year
67,420
57,097
The basis of allocation of costs between activities is described under accounting policies
Current year
Current year
Prior Year
Unrestricted
Funds
Restricted
Funds
2025
2025
£
£
Administrative overheads
2,507
339
99,464
339
Payroll fees
Bank charges
As detailed in Note 31
Support costs before reallocation
Financial costs
Postage
Cleaning and waste management
Other Premises Costs
Membership subscriptions
Hire of equipment
Telephone, fax and internet
Utility costs
Premises repairs, renewals and
maintenance
Depreciation & Amortisation in total for
Stationery and printing
Insurance
Depreciation & Amortisation in total for
Other legal and professional		 Current year
Total Funds
2025
£
61,802
25,298
12,667
287
8,357
3
1,906
1,173
662
5,790
2,534
1,215
344
111
2,368
124,517
124,517
Prior Year
Total Funds
2024
£
2,846
99,803		 Prior Year
Total Funds
2024
£
44,728
17,391
14,654
208
7,290
1
1,402
338
767
5,488
2,534
1,833
176
147
2,846
99,803
99,803
-
-
-

36

North Birkenhead Development Trust Limited

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

Total support costs - Prior Year 99,464 339 99,803

The basis of allocation of costs between activities is described under accounting policies

37

North Birkenhead Development Trust Limited

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

31 Other Expenditure - Governance costs

Professional fees paid to the Auditor or Independent Examiner in addition to audit and examination fees

Fees paid to the examiner's firm
Total additional fees included in
support costs at Note 30
All the expenditure in the prior year was unrestricted.		 Current year
Unrestricted
Funds
2025
£
2,534
2,534		 Current year
Restricted
Funds
2025
£
-
-		 Current year
Total Funds
2025
£
2,534
2,534		 Prior Year
Total Funds
2024
£
2,534
2,534
32 Total Charitable expenditure
Current Year
Total direct spending
B2a
Total charitable trading costs
B2b
Total support costs
B2d
Total charitable expenditure
B2
Prior Year
Total direct spending
B2a
Total charitable trading costs
B2b
Total support costs
B2d
Total charitable expenditure
B2		 Prior Year
Unrestricted
Funds
2024
£
Current year
Unrestricted
Funds
2025
£
28,585
30,380
67,420
126,385
Prior Year
Unrestricted
Funds
2024
£
241,294
29,969
99,464
370,727		 Prior Year
Restricted
Funds
2024
£
Current year
Restricted
Funds
2025
£
249,194
-
57,097
306,291
Prior Year
Restricted
Funds
2024
£
-
525
339
864		 Prior Year
Total Funds
2024
£
Current year
Total Funds
2025
£
277,779
30,380
124,517
432,676
Prior Year
Total Funds
2024
£
241,294
30,494
99,803
371,591		 Prior Year
Total Funds
2024
£
241,294
30,494
99,803
371,591

38