| Page | |||
|---|---|---|---|
| Trustees' report |
1-5 | ||
| Independent examiner's |
report | ||
| Statement offinancial |
activities | ||
| Balance sheet | 8-9 | ||
| Statement ofcash flows |
10 | ||
| Notes to the financial | statements |
| Trustee Board | |||||||
|---|---|---|---|---|---|---|---|
| Trustees at 31March 2021 | Role | Background / specialism |
|||||
| Professor Bill Chambers |
Chairman | Pro Vice Chancellor Emeritus; leadership |
and strategic | direction | |||
| Dr John Picton | Company Secretary | Senior Lecturer of Law; charity law and | compliance | ||||
| Tim Walsh FCA |
Treasurer | Chartered Accountant; finances and governance |
|||||
| Professor Gus Baker | Board Member | Clinical Neuropyschologist | (rtd); specialist neurological | input | |||
| (Resigned 13July 2021) | |||||||
| lan Craig | Board Member | IT Director; digital and technology | |||||
| (Appointed 2 April 2020) |
|||||||
| Theresa Lewin FCIPD |
Board Member | HR Professional; people |
development | ||||
| Mark Rea MCSI | Board Member | Chartered Corporate Finance Advisor; business |
experience | ||||
| Jackie Sale | Board Member | Head Teacher (rtd); child | development | and safeguarding | |||
| Dr Nick Silver | Board Member | Consultant Neurologist, |
The Walton Centre; clinical | input | |||
| Karen Swan | Board Member | Marketing Consultant; brand, communications |
and | PR | |||
| Registered office |
Norton Street | ||||||
| Liverpool | |||||||
| Merseyside | |||||||
| England | |||||||
| L3 BLR |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||||
|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | ||||
| Notes | f | f | f | f | |||||
| Income and endowments | from: | ||||||||
| Donations and |
legacies | 2 | 52,195 | 90 | 52,285 | 70,420 | 70,420 | ||
| Charitable activities |
3 | 207,338 | 195,194 | 402,532 | 157,694 | 257,117 | 414,811 | ||
| Investments | 9,199 | 9,199 | 10,196 | 10,196 | |||||
| Other income | 344,703 | 344,703 | 359,584 | 359,584 | |||||
| Total income | 613,435 | 195,284 | 808,719 | 597,894 | 257,117 | 855,011 | |||
| Ex enditure on: |
|||||||||
| Raising funds | 196,597 | 49,078 | 245,675 | 179,776 | 88,507 | 268,283 | |||
| Charitable activities |
486,208 | 129,033 | 615,241 | 406,871 | 162,102 | 568,973 | |||
| Total resources | expended | 682,805 | 178,111 | 860,916 | 586,647 | 250,609 | 837,256 | ||
| Net gains/(losses) | on | ||||||||
| investments | 46,632 | 46,632 | (34,420) | (34,420) | |||||
| Net (outgoing)/incoming | |||||||||
| resources before | |||||||||
| transfers | (22,738) | 17,173 | (5,565) | (23,173) | 6,508 | (16,665) | |||
| Gross transfers | between | ||||||||
| funds | 35,640 | (35,640) | (11,149) | 11,149 | |||||
| Net movement | in | funds | 12,902 | (18,467) | (5,565) | (34,322) | 17,657 | (16,665) | |
| Fund balances | at | 1April | |||||||
| 2020 | 930,451 | 32,866 | 963,317 | 964,773 | 15,209 | 979,982 | |||
| Fund balances | at | 31 | |||||||
| March 2021 | 943,353 | 14,399 | 957,752 | 930,451 | 32,866 | 963,317 |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | F | f | |||||||
| Fixed assets | |||||||||
| Tangible assets | 12 | 604,610 | 619,806 | ||||||
| Investments | 13 | 276,967 | 216,081 | ||||||
| 881,577 | 835,887 | ||||||||
| Current assets | |||||||||
| Debtors | 15 | 33,430 | 57,736 | ||||||
| Cash at bank and | in | hand | 243,585 | 162,107 | |||||
| 277,015 | 219,843 | ||||||||
| Creditors: amounts | falling due within one | ||||||||
| year | 16 | (200,840) | (92,413) | ||||||
| Net current | assets | 76,175 | 127,430 | ||||||
| Total assets | less current | liabilities | 957,752 | 963,317 | |||||
| Income funds | |||||||||
| Restricted funds |
18 | 14,399 | 32,866 | ||||||
| Unrestricted | funds | - | eneral | ||||||
| Designated | funds | 19 | 630,000 | 630,000 | |||||
| Generalunrestricted | funds | 313,353 | 300,451 | ||||||
| 943,353 | 930,451 | ||||||||
| 957,752 | 963,317 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | f | f | |||||
| Cash flows from operating | activities | ||||||
| Cash generated from operations |
22 | 86,533 | |||||
| Investing | activities | ||||||
| Purchase | oftangible fixed |
assets | (5,461) | ||||
| Purchase | of investments | (31,237) | |||||
| Proceeds | on disposal of investments | 16,983 | 3,292 | ||||
| Investment | income received | 9,199 | 10,196 | ||||
| Net cash (used in)/generated from investing |
|||||||
| activities | (5,055) | ||||||
| Net cash used in financing | activities | ||||||
| Net increase in cash and cash equivalents |
81,478 | ||||||
| Cash and | cash equivalents | at beginning | ofyear | 162,107 | |||
| Cash and | cash equivalents | at end ofyear | 243,585 |
| Unrestricted | Restricted | Total | Unrestricted |
|---|---|---|---|
| funds | funds | funds | |
| general | general | ||
| 2021 | 2021 | 2021 | 2020 |
| f | f | ||
| 52,195 | 90 | 52,285 | 70,420 |
| Other | Other | |||||
|---|---|---|---|---|---|---|
| projects | projects | |||||
| 2021 | 2020 | |||||
| Grants | and | charitable | activities | 402,532 | 414,811 | |
| Analysis | by | fund | ||||
| Unrestricted | funds | —general | 207,338 | 157,694 | ||
| Restricted funds | 195,194 | 257,117 | ||||
| 402,532 | 414,811 |
| 4 | investments | investments | |||
|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||
| funds | funds | ||||
| general | general | ||||
| 2021 | 2020 | ||||
| Dividends | receivable | 9,198 | 10,193 | ||
| Interest receivable | 1 | 3 | |||
| 9,199 | 10,196 | ||||
| 5 | Other income | ||||
| Unrestricted | Unrestricted | ||||
| funds | funds | ||||
| general | general | ||||
| 2021 | 2020 | ||||
| Fundraising | events | 14,871 | 16,897 | ||
| Other income | 3,987 | 11,218 | |||
| Room hire | and rental | income | 39,686 | 78,610 | |
| Corporate | sponsorship | 283,333 | 210,025 | ||
| Cafe income | 2,826 | 42,834 | |||
| 344,703 | 359,584 |
| 6 | Raising funds | Raising funds | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||||
| funds | funds | funds | funds | |||||||
| general | general | |||||||||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |||||
| f | f | E | f | |||||||
| Fundraisin | and | ublicit | ||||||||
| Staging fundraising | events | 920 | 920 | 11,860 | 11,860 | |||||
| Fundraising | team | 2,955 | 2,955 | 5,970 | 5,970 | |||||
| Fundraising | and publicity | 3,875 | 3,875 | 17,830 | 17,830 | |||||
| a~radio costs |
||||||||||
| Other trading activities |
21,574 | 49,078 | 70,652 | 31,922 | 17,482 | 49,404 | ||||
| Staff costs | 169,542 | 169,542 | 129,658 | 69,269 | 198,927 | |||||
| Trading costs | 191,116 | 49,078 | 240,194 | 161,580 | 86,751 | 248,331 | ||||
| Investment | mana | ement | 1,606 | 1,606 | 366 | 1,756 | 2,122 | |||
| 196,597 | 49,078 | 245,675 | 179,776 | 88,507 | 268,283 | |||||
| 7 | Charitable | activities | ||||||||
| Other | Other | |||||||||
| projects | projects | |||||||||
| 2021 | 2020 | |||||||||
| f | ||||||||||
| Staff costs | 323,006 | 308,613 | ||||||||
| Share ofsupport costs (see | note 8) | 286,397 | 250,432 | |||||||
| Share ofgovernance | costs (see note 8) | 5,838 | 9,928 | |||||||
| 615,241 | 568,973 | |||||||||
| Analysis by |
fund | |||||||||
| Unrestricted | funds | - general | 486,208 | 406,871 | ||||||
| Restricted funds |
129,033 | 162,102 | ||||||||
| 615,241 | 568,973 |
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| 2021 | 2020 | |||
|---|---|---|---|---|
| Number | Number | |||
| Management | ||||
| Administration, | finance, | IT5 HR | ||
| Carer's advocacy | ||||
| Fundraising | ||||
| Library and information | ||||
| Communications | ||||
| Cafe and room hire | ||||
| Employment, | counselling | 5welfare | ||
| Cleaner | ||||
| ILM placements | ||||
| Total | 29 | 29 | ||
| Employment | costs | 2021 | 2020 | |
| E | E | |||
| Wages and salaries | 597,609 | 556,495 | ||
| Social security | costs | 36,111 | 34,159 | |
| Other pension | costs | 31,975 | 31,526 | |
| 665,695 | 622,180 |
| Unrestricted | Unrestricted |
|---|---|
| funds | funds |
| general | general |
| 2021 | 2020 |
| f | f |
| 46,632 | (34,420) |
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| 13 | Fixed asset investments | Fixed asset investments | ||||
|---|---|---|---|---|---|---|
| Listed | ||||||
| investments | ||||||
| Cost or valuation | ||||||
| At 1April 2020 | 216,081 | |||||
| Additions | 31,237 | |||||
| Valuation changes |
46,632 | |||||
| Disposals | (16,983) | |||||
| At 31March 2021 | 276,967 | |||||
| Carrying amount | ||||||
| At 31March 2021 | 276,967 | |||||
| At 31March 2020 | 216,081 | |||||
| 14 | Financial instruments |
2021 | 2020 | |||
| f | f | |||||
| Carrying amount of |
financial assets | |||||
| Instruments measured |
at fair value through | profit or loss | 276,967 | 216,081 | ||
| 15 | Debtors | |||||
| 2021 | 2020 | |||||
| Amounts falling due |
within one year: | f | f | |||
| Trade debtors | 20,736 | 53,514 | ||||
| Prepayments and accrued income |
12,694 | 4,222 | ||||
| 33,430 | 57,736 | |||||
| 16 | Creditors: amounts | falling due within one | year | |||
| 2021 | 2020 | |||||
| f | f | |||||
| Other taxation and social security |
57,454 | 28,796 | ||||
| Trade creditors | 4,932 | 11,002 | ||||
| Other creditors | 11,427 | 7,812 | ||||
| Accruals and deferred | income | 127,027 | 44,803 | |||
| 200,840 | 92,413 |
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| Movement in |
Movement in |
||||||||
|---|---|---|---|---|---|---|---|---|---|
| funds | funds | ||||||||
| Balance at | Incoming | Balance at | Incoming | Balance at | |||||
| 1April 2019 | resources | 1April 2020 | resources | 31March 2021 | |||||
| f | f | f | f | ||||||
| Norton Street Centre | 530,000 | 530,000 | 530,000 | ||||||
| Building improvements | and maintenance | 100,000 | 100,000 | 100,000 | |||||
| 630,000 | 630,000 | 630,000 | |||||||
| 20 | Analysis of net assets between | funds | |||||||
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||||
| funds | funds | funds | funds | ||||||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | ||||
| f | f | f | f | f | f | ||||
| Fund balances at 31 | |||||||||
| March 2021are | |||||||||
| represented | by: | ||||||||
| Tangible assets | 599,197 | 5,413 | 604,610 | 613,042 | 6,764 | 619,806 | |||
| investments | 276,967 | 276,967 | 216,081 | 216,081 | |||||
| Current assets/(liabilities) | 67,189 | 8,986 | 76,175 | 101,328 | 26,102 | 127,430 | |||
| 943,353 | 14,399 | 957,752 | 930,451 | 32,866 | 963,317 |
| 22 | Cash generated from operations |
Cash generated from operations |
2021 | 2020 | |||
|---|---|---|---|---|---|---|---|
| E | E | ||||||
| Deficit for the year | (5,563) | (16,665) | |||||
| Adjustments | for: | ||||||
| Investment | income recognised in statement |
offinancial | activities | (9,199) | (10,196) | ||
| Fair value gains and losses on investments | (46,632) | 34,420 | |||||
| Depreciation | and impairment oftangible |
fixed assets | 15,194 | 20,544 | |||
| Movements | in working capital: |
||||||
| Decrease in |
debtors | 24,306 | 39,324 | ||||
| Increase in |
creditors | 108,427 | 29,036 | ||||
| Cash generated from operations |
86,533 | 96,463 | |||||
| 23 | Analysis of | changes in net funds |
|||||
| The Charity | had no debt during the year. |