## **WIRRAL CHANGE ANNUAL REPORT** Wirral Change Limited – Contents of the Financial Statements FOR THE YEAR ENDED 31 MARCH 2024 COMPANY REGISTRATION NUMBER: 05844145 CHARITY REGISTRATION NUMBER: 1117333 +44 151 649 8177 https://wirralchange.org.uk/ info@wirralchange.org.uk St Laurence's School, St Laurence Dr, Birkenhead CH41 3JD **CONTENTS** 03 Company Information >P[—SC‘(O] 04 Corporate structure, governance and management ~~7~~ 06 Chair report Pp[—SCS“O] 07 Message from the CEO — 08 Our Highlights & Accomplishments Pp[—SCS=“O] 11 The Wirral Change team Pp[——C‘(:?] 15 Our community Pp[——ss—SC‘(.] 18 Outcomes, insight & feedback Pp[—SC“D] 23 Thank you partners & funders A Wirral Change Limited – Annual Report for the year ended 31 March 2024 The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issued in March 2005. ## **REFERENCE AND ADMINISTRATIVE DETAILS:** Registered Company Number 05844145 (England and Wales) ## **Registered Charity Number:** 1117333 ## **Registered Office:** 12-14 St Laurence School St Laurence Drive Birkenhead Merseyside CH41 3JD ## **Business Address:** As Above ## **Trustees:** M J Gabriel (Chair) S Ahmed S Henry D Gould G M Lindfield I McDougall A Choi Ha Jou (resigned 25 January 2024) L Neagu J Joseph (resigned 24 October 2022) **Company Secretary:** Clint Agard **Bankers:** Unity Trust Bank plc Four Brindley Place Birmingham B1 2JB ## **Auditor:** Xeinadin Audit Limited 46 Hamilton Square Birkenhead Wirral Merseyside CH41 5AR 3 Wirral Change Limited – TRUSTEES’ ANNUAL REPORT for the year ended 31 March 2024 ## **STRUCTURE, GOVERNANCE & MANAGEMENT** ## **Governing document** The organisation which is a registered charity limited by guarantee was incorporated March 2005. The governing document is the company’s memorandum and articles of association. Anyone over the age of 18 can become a member. It is managed by a Management Board of trustees. Executive committee meetings are held monthly and agenda items include finance, health & safety and staff reports. ## **Appointment of Management Committee** The Trustees, who are also directors for the purpose of company law, present their annual report and financial statements for the year ended 31 March 2024. At the AGM the Trustees will approve the retirement of existing Directors and or the recruitment of new Trustees in accordance with the Articles of Association under general meetings page 7 section 2.8 items (3) and (4). ## **Induction and training of new trustees** Trustees are appointed on the basis of their ability to bring to the Management Board a range of skills to assist in the governance and development of the Charity. Before appointment they are guided by the project co-ordinator through a comprehensive induction procedure designed to give them a complete understanding of the aims and aspirations of the Charity. In addition, Charity Commission literature is given to all Trustees on an on-going basis in order to assist them to understand their legal responsibilities. ## **Organisational structure** Wirral Change Limited has a Management Board who meets at least 4 times per year and is responsible for the strategic direction and policy of the Charity. There are three staff Management team members who individually line manage the outreach team. **Public Benefit** When planning and programming activities for the local residents of Birkenhead and the surrounding areas; the Trustees of Wirral Change are mindful of the Charity Commissions guidelines on Public Benefit. Wirral Change Limited – TRUSTEES’ ANNUAL REPORT - CONTINUED for the year ended 31 March 2024 ## **STRUCTURE, GOVERNANCE & MANAGEMENT** ## **Risk identification and management** The main risks, to which the charity is exposed, as identified by the Trustees, have been considered and systems have been established to mitigate those risks. Potential risks identified by the Trustees to the constitution of the Association’s activities are: 1. Loss of funding stream 2. Lack of community involvement and take-up 3. Loss of access to adequate levels and/or experienced staff ## **The Trustees have sought to minimise these risks in the following ways:** • The Trustees and staff are constantly seeking out new avenues of funding. They also ensure rigorous systems are in place for collecting monitoring information. • Maintaining financial control in order to satisfy funding regulations and maintain positive relationships with funding organisations. • Wirral Change ensures community involvement and take-up through regular consultation with users and publicising of activities and services. **OBJECTIVES AND ACTIVITIES** The principle aims and objectives of the charity are: • To promote, for the benefit of the inhabitants of The Wirral and the surrounding area of Merseyside, the provision of facilities for education of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of the said inhabitants. • To promote general charitable purposes for the benefit of the communities of The Wirral and the surrounding area of Merseyside and to advance the education of its residents of all ages; and in particular to provide opportunities for the aforementioned residents to participate fully in the life of their community in ways which address and alleviate social and economic disadvantage. • To relieve poverty, advance education and promote general charitable purposes beneficial to the community in The Wirral by promoting the effective use of their charitable resources. • To promote the efficiency and effectiveness of charities run by and/or serving the ethnic minority communities in the Wirral by promoting the effective use of charitable resources. **Reserves Policy** The Trustees have a set reserves policy which requires that reserves be maintained at a level which ensures that the charity’s core activity could continue during a period of unforeseen difficulties and that a proportion of reserves be maintained in readily available form. Wirral Change does not intentionally carry a surplus of reserved funds as grants are allocated per financial year and are usually must be spent within that financial year. Wirral Change Limited – Annual Report for the year ended 31 March 2024 ## **CHAIR REPORT** _The last year has been a study in cautious optimism. Though we were given many obstacles to face_ — _economic uncertainty and a changing community landscape_ — _I can proudly say that we have risen above these challenges and came back stronger._ _This financial year has been a major milestone for us in terms of sustaining and growing the organisation. After the loss of COVID public health funding, many organisations faced challenges in staying operational. However, thanks to the dedicated efforts of our management and development teams, we not only navigated this difficult period but also experienced growth, which is a remarkable achievement._ _This year saw a notable rise in the number of asylum seekers and refugees, leading to a remarkable increase in diversity within the ethnic minority community. We maintained our commitment to providing outstanding support, showcasing the adaptability and professionalism of our team. Our interactions with these diverse groups have reinforced our position as an essential resource in Wirral and beyond._ _To keep our trustees well-informed and boost team morale, we organised an Away Day this year. This event was a great opportunity for us to look back on our accomplishments and the challenges we faced over the past year. It served not just as a platform for strategic evaluation but also as a way to enhance relationships throughout the organisation. During the day, we shared updates on important projects, discussed community developments, and collected valuable feedback from trustees and staff on how we can keep improving our services. We took the time to acknowledge and celebrate the exceptional contributions of our staff with an awards ceremony. Witnessing the commitment and dedication of our staff to Wirral Change and its clients has been incredibly inspiring for me as Chairperson._ _In conclusion, I extend my heartfelt thanks to everyone who has contributed to our success this year. From our staff and volunteers to our management team, each_ ’ _person s efforts have been integral to sustaining and growing our organisation. Together, we continue to rise to the challenges and reaffirm our commitment to the communities we serve._ _Prepared by_ _**MARTIN GABRIEL CHAIR OF WIRRAL CHANGE**_ 6 Wirral Change Limited – Annual Report for the year ended 31 March 2024 ## **MESSAGE FROM THE CEO** _This year brought a range of challenges and uncertainties for the organisation. The upcoming UK government elections weighed heavily on us, raising significant concerns about our funding's future. With potential shifts in government priorities, we faced the risk of losing crucial funding, especially if project extensions were not approved. Nevertheless, we remained dedicated to effectively serving our community._ _To protect our organisation from these uncertainties, we took proactive measures. Our funding team worked diligently to secure alternative income sources to offset any potential losses. We also considered hiring a consultancy to evaluate the possible impact on our community if key services were cut due to funding issues. This was an essential step to ensure we had a clear grasp of the community's needs and could seek the necessary resources to continue delivering vital services._ _This year also brought significant changes within our team. While we faced some staff turnover, we welcomed new members and a few dedicated volunteers. These volunteers are currently in training for general advisory roles, and we are starting to see the specialisations they will contribute to the organisation. Additionally, the creation of a new Operational Manager role has been a significant advancement. This position has enhanced our internal structures, streamlining team feedback and reporting processes to boost organisational efficiency._ _The demographic landscape in Merseyside, especially in Wirral, has undergone significant changes this year. A large number of asylum seekers who crossed the Channel by boat have been relocated here, along with individuals from Ukraine and Hong Kong. This increase in diversity has brought about unique challenges, but thanks to the flexibility and professionalism of our staff, we have managed to maintain outstanding service delivery. Our team members, who are bilingual and trilingual, have been essential in addressing the needs of these communities. We also upheld our commitment to offer broader professional development opportunities for our staff by providing interpreting courses that enable them to receive national certifications in Interpreting Level 2._ _One of our most notable achievements this year has been our ability to keep the organisation afloat in a tough financial climate. With project extensions secured in September and October, we have not only survived but thrived, reaching our highest-ever team count_ — _34 paid staff and 10 regular volunteers._ _As CEO, I want to express my heartfelt thanks to all team members for their commitment and adaptability during these uncertain times. Their hard work has been crucial in ensuring that our services continue to be a vital resource for the community._ _Prepared by_ _**CLINT AGARD CEO OF WIRRAL CHANGE**_ 7 4 Wirral Change Limited – Annual Report for the year ended 31 March 2024 ## **OUR HIGHLIGHTS & ACCOMPLISHMENTS** ## **POLISH FOLK FIESTA** In May 2023, the Polish folk group performed a captivating display of traditional music and dance. Their vibrant performance celebrated Polish culture, bringing the community together through lively rhythms and colorful costumes. **UKRAINIAN MURAL UNVEILING IN NEW BRIGHTON** Celebrating Ukraine's rich history, its people’s strength, and their journey toward freedom. ## **IMPROVED HYDRATION ENGAGEMENT SESSION FOR WCA - JULY 2023** A dynamic and interactive session focused on the importance of hydration, offering practical tips, insights, and engaging activities to encourage healthy drinking habits within the community. 8 Wirral Change Limited – Annual Report for the year ended 31 March 2024 ## **OUR HIGHLIGHTS & ACCOMPLISHMENTS** **CELEBRATE CARERS WEEK JUNE 2023** Honoring and supporting the invaluable contributions of carers in our community. One highlight was a visit to the World Museum in Liverpool, offering a day of connection, exploration, and appreciation. ## **HAF** Wirral Change organised free holiday programmes during Easter and Summer for children aged 5-16, eligible for free school meals benefits. This year kids from diverse backgrounds received quality activities and meals thanks to this initiative. ## **LATIN AMERICAN HALLOWEEN PARTY** A lively celebration filled with vibrant costumes, music, and festive traditions. It brought together the community to enjoy a unique fusion of Latin American culture and Halloween fun. 9 Wirral Change Limited – Annual Report for the year ended 31 March 2024 ## **OUR HIGHLIGHTS & ACCOMPLISHMENTS** ## **CHINESE MID-AUTUMN FESTIVAL EVENT HELD ON 23RD SEPTEMBER 2023** This festival celebrated Chinese autumn traditions and the importance of family reunions. Also known as the Mooncake Festival, it is a time for coming together and enjoying shared cultural heritage. **THE ROMANIAN CHRISTMAS PARTY AND NATIONAL DAY CELEBRATION ON DECEMBER 1ST, 2023** Bringing together the community to enjoy festive traditions, cultural performances, and commemorate Romania's national heritage. ## **WOMEN'S DAY 2024** Bringing together women from diverse national groups for a vibrant celebration of unity and strength. This festival showcased the rich cultural contributions of women from around the world, fostering connection and solidarity. 10 Wirral Change Limited – Annual Report for the year ended 31 March 2024 ## **THE WIRRAL CHANGE TEAM** ## 12 [oO **STAFF AGE DYNAMICS: 3-YEAR OVERVIEW** 11 Wirral Change Limited – Annual Report for the year ended 31 March 2024 ## **THE WIRRAL CHANGE TEAM** ## **STAFF LANGUAGE PROFICIENCY OVERVIEW** Our staff members are a diverse and multilingual team, speaking an impressive 18 languages. This linguistic richness allows us to connect with people from various cultural backgrounds, ensuring that we can provide effective support and build meaningful relationships with individuals from all walks of life. ## **STAFF MULTILINGUAL CAPABILITIES** The majority of staff are bilingual, with 69% speaking 2 languages. Over 30% speak 3 or more languages, enhancing communication, outreach, and service delivery across diverse communities. » @ Bilingual (Speak 2languages) 12 — “ _At Wirral Change, we_ ’ _re more than just colleagues_ – _we_ ’ _re a dedicated community striving to create a lasting impact. The diversity within our team enriches our perspectives, fostering an environment where learning and collaboration can flourish. Each day, we find new ways to support one another and grow, and it_ ’ _s incredibly rewarding to know that our efforts are genuinely making a difference._ ” — “ _The sense of belonging here is unmatched. It feels like being part of a larger family, with each member contributing something special. Our shared drive and values keep us inspired, and it_ ’ _s uplifting to witness the direct effects of our work on the lives of those we serve._ ” — “ _What I value most is that every day brings fresh challenges and opportunities for meaningful change. Wirral Change feels like a continuous journey of growth_ – _not only for the communities we assist but for each of us on the team. We keep learning from each other and celebrating our common mission of empowerment and inclusion._ ” — “ _Being a part of Wirral Change means evolving together while truly making a difference in our vibrant community._ ” — “ _Each day at Wirral Change offers an opportunity to learn, connect, and help foster positive change in the lives of those around us._ ” “ ’ — _Being at Wirral Change means being part of something much larger than just a job. It s a place where we can grow both personally and professionally while making a real difference. I feel fortunate to experience such a variety of backgrounds in one environment, creating a vibrant mix of ideas and viewpoints that influence our work every day._ ” — “ _Every day at Wirral Change presents a chance to connect with different cultures, to think about how our efforts strengthen the communities we serve, and to see the positive changes we_ ’ _re achieving together. I take pride in being part of a team that is always looking for ways to grow, both for the individuals we support and for ourselves._ ” Wirral Change Limited – Annual Report for the year ended 31 March 2024 13 Wirral Change Limited – Annual Report for the year ended 31 March 2024 ## **VOLUNTEERS AND FRIENDS OF WIRRAL CHANGE** IIMA MERCIS FARJANA ALEXANDRINA LENUTA ORLANDO SHERZAD FELICIA ARIAM NATALIA ZHALA HALIMA RENATA HENLEY MUATAIB SOLOMON ALEKSANDRA MEHRNOOSH MAHA Our foundations are built from the champions who help make things happen at Wirral Change. We send our up-most gratitude towards all the volunteers that supported us this year… 14 Wirral Change Limited – Annual Report for the year ended 31 March 2024 THE DATA INDICATES SIGNIFICANT CLIENT REPRESENTATION FROM SYRIA, IRAN, AND IRAQ, ALONG WITH CONTRIBUTIONS FROM VARIOUS COUNTRIES SUCH AS BANGLADESH, ROMANIA, AND UKRAINE. THERE IS ALSO A NOTABLE PRESENCE FROM HONG KONG, AFGHANISTAN, AND SUDAN. Wirral Change recognises the cultural differences within this diverse group, directing customised services and outreach initiatives to deliver meaningful support. ## / **COMMUNITY** o= | J | Z 15 Wirral Change Limited – Annual Report for the year ended 31 March 2024 ## **OUR** ## **COMMUNITY** This analysis guides our organisation in allocating resources effectively and developing targeted programmes to address the diverse needs of the groups we serve. **STATISTICS REGARDING OUR CLIENTS' GEOGRAPHICAL DISTRIBUTION BASED ON THEIR POSTAL CODES** ## **RELIGIONS OF OUR COMMUNITY** 16 Wirral Change Limited – Annual Report for the year ended 31 March 2024 ## **OUR COMMUNITY** We are a part of the community in which we serve, and they are always our first priority. ## **46%** ## **54%** Female Male SEGMENTATION OF CUSTOMERS BASED ON **GENDER** 15-19 **SEGMENTATION OF CUSTOMERS BASED ON** — **AGE** The data highlights a strong concentration of demand for services among individuals in their mid-20s to mid-30s, with a peak at ages 25-29, followed by a steady decline in older age groups. 17 Wirral Change Limited – Annual Report for the year ended 31 March 2024 ## **OUTCOMES, INSIGHT & FEEDBACK** We are excited to share an overview of our achievements for the communities we serve. Below are the outcomes that Wirral Change has accomplished from April 2023 to March 2024. ## **WELCOME TO WIRRAL TEAM** ## **OUTCOMES** ## **Engagement** engaged with **2,248** Asylum Seekers and Refugee individuals & families ## **Achievements** **444** clients gained expanded access to housing resources, **64** registered with GPs, **385** received help accessing benefits, and **202** food vouchers were provided ## **Feedback** **94%** clients shared that our advice and guidance have significantly enhanced their quality of life by helping them access essential resources and services. **79%** of clients noted an increased availability of housing information and resources. Furthermore, **71%** of clients experienced affordable access to crucial financial services, contributing to a more informed and sustainable lifestyle. ## **TOP Services Offered** The project seeks to establish a friendly atmosphere for newly arrived refugees and asylum seekers in Wirral, helping them find their way and settle into their new community. It aims to provide support for their integration and assist them in adapting to life in the UK. engaged **688** individuals, ## **ASK US WIRRAL** Project supported **565** from ethnic minority backgrounds, achieved a total of **£26,524.35** in benefits for beneficiaries. 18 Wirral Change Limited – Annual Report for the year ended 31 March 2024 We are so proud to present an insight into what we have managed to do for our communities; below represents outcomes collectively Wirral Change has produced from April 2023 to March 2024 4500+ CASELOADS engaged within Health & Wellbeing team activities ## HEALTH & WELLBEING TEAM The team is committed to changing the lives of our clients by greatly enhancing their health and well-being, which encompasses physical, mental, and social aspects. We aim to make health services available to everyone, no matter their economic or social circumstances. Each week, Wirral Change hosts a variety of inclusive events that cater to different social groups. These gatherings are intended to build a sense of community and support, welcoming carers, Polish, Ukrainian, Iranian, Latin-American, Arabic, women’s, and men's groups, along with attendees from Chinese schools. 2880 INDIVIDUALS attended social group sessions 1620 INDIVIDUALS attended exercise groups ## Key metrics ## **Soft Outcomes** Individuals experience dramatic improvements in their health and wellbeing, including better physical, mental and social health, increasing self-confidence and selfesteem. ## **93%** **reported improvements in their overall health and wellbeing, lifestyle, and prospects** ## **75%** **reported having a more active lifestyle** ## **82%** **reported an improvement in their confidence and self-esteem** 19 **----- Start of picture text -----**
Wirral Change Limited – Annual Report for the year ended 31 March 2024
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## **EMPLOYMENT TEAM** **----- Start of picture text -----**
OUR SERVICES INCLUDE:
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Our employment programme is committed to empowering marginalised ethnic minority communities by helping them acquire essential life skills and find sustainable job opportunities beyond the usual mainstream sectors. We emphasise providing personalised support to individuals, guiding them through skill-building workshops, job readiness training, and tailored career advice. By offering these resources, we aim to help individuals break free from the typical employment cycles found in industries like restaurants, factories, barber shops, and takeaways. **----- Start of picture text -----**
OUTCOMES:
Engagement
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Our objective is to open up a variety of career paths and create opportunities that lead to long-term financial independence, personal growth, and better integration into the workforce. ## **EMPLOYMENT PROJECT DISTRIBUTION** **189** people gained improvement in lifeskills **103 people entered sustainable employment 21%** people remained in sustained work after 6months **7%** people have gained volunteering and/or work experience 78% 48% 65% **clients** shared their **clients** reported feeling **individuals** stated they improved educational more confident navigating can better keep in contact opportunities and the online platforms for their with family and friends via development of new skills job search email or social media 20 ## Wirral Change Limited – Annual Report for the year ended 31 March 2024 FOR ALL ETHNIC MINORITY PEOPLE **OUTCOMES, INSIGHT & FEEDBACK** IMMIGRATION TEAM WY WIRRALCHANGE **197** EU SS project engagements **553** total cases registered Wirral Change provides critical support to migrant individuals and families. We offer guidance to help them understand their rights and navigate complex immigration processes. Additionally, we provide a free service to assist with applications for Indefinite Leave to Remain, fee waivers, travel documents, citizenship/naturalisation, Further Leave to Remain, spouse visas, the 10-year partner route/private life in the UK, Right to Abode, and standard visit visas. We also support government initiatives for non-English speakers. **304** applications **99%** applications were successful **----- Start of picture text -----**
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21 Wirral Change Limited – Annual Report for the year ended 31 March 2024 ## **SOCIAL MEDIA ANALYSIS** Unveiling the dynamics of online audience engagement, the following insights harvested from social media illuminate key trends. These findings not only provide valuable perspectives but also contribute to a comprehensive understanding of our social media activity. **----- Start of picture text -----**
91,4K 1K 3,424 4,3K
Facebook reach Instagram reach Facebook Page likes Facebook followers
337.6% 175.7% 213,6%
Compare the reach from this period to the previous one. 1,1K
Instagram followers
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Compare the reach from this period to the previous one. 22 ## **OUR PARTNERS** **We at Wirral Change make sure to surround ourselves with the best partner organisations out there.** 23 ## **OUR FUNDERS** **We express our sincere gratitude to our funders whose generous support has made it possible for us to successfully implement and carry out these impactful initiatives.** 24 Charty registrdtion number 1117333 (England and Wales Company reglstratlon number 05844145 WIRRAL CHANGE LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 WIRRAL CHANGE FOR ALL ETHNIC MINORITY PEOPLE • xeinadin WIRRAL CHANGE LIMITED LEGALAND ADMINISTRATIVE INFORMATION Trustsgs Ms S Henry Mr M J Gabriel Ms D Gould Ms G M Lindfield MS L McDougall Mr L Neagu Secretary Mr CAgard Senlor management Mr CAgard Mrs S Ahmed Mis Y Liu MrETo Chief ex&culive officer Deputy chief executive offi(*r General manager Finance manager Chartty numbor (England and Wal•s) 1117333 Company numbor 05844145 Roglstered offlce Sl LaurBnce'8 School 12-14 st Laurenc8 Driv8 Birkenhead Merseyside CH413JO Auditor Xeinadin Audit Limited 46 Hamilton Square Birkenhead Wirral Metseyside CH415AR Bank•rn Unrty Trust Bank plc Four Btindley Pla Birmingham B12JB WIRRAL CHANGE LIMITED CONTENTS Page Trus188s' r8POrt Statement of truste8s' responsibilities Independent audltorfs report Statement of financial 8Ctivities Balance sheet 10 Notes to the financlal ststements 11-27 WIRRAL CHANGE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The twst88s pr8s8nl their annual r8POrt and financial siatements for the year ended 31 March 2024. The finandal statements have been prepared In ac£ordanc* with the accounting policie8 8el out in not8 1 to th8 financial statements and comply with Ihe charity's goveming document, the Companles Act 2006, FRS 102 The Financial R8POrting Slandard applicable in the UK and Republi¢ of Ireland" and the Charilies SORP 'A¢￿untIng and Reporting by Charities-. Slalemenl of Récomm8nd8d Practic8 applicab18 to charities preparing their accounls in accordance wlth the Financial Reportiro Standard applicabl8 in the UK and Republic of Ireland IFRS 102)" ObjectiV08 and acliviti•8 The principl8 aims and objective8 of th8 charity ar8: To promote, for the benefit of the inhabilants of The Wirral and the surroundlng area of Merseyside. th8 provision of facilitie5 for 8dur2lion of individuals who have need of such facilities by reason of their youth, age, infimiity or disablement. financial hardship or social and economic circum51anc88 01 for th8 public al large In the Interests of soclal welfare and wtth the object of improving the condition of the said inhabitants. To promote general charitable purposes for the benefit of the communitles of The Wirral and the surrounding area of Merseyside and lo adwdnc8 the education of its residents of all ages: and in particular to provide opportunities for the aforementioned resid8nls to participate fully in the life of Ih9ir community in ways which address and alIe￿ale soclal and economic disadvantage. To relieve poverty, advance education and promote general charltable purposes beneficlal to the community in The Wirral by promoling the gffective use of their charitable resources. To promole Ihe efficiency and effediveness of charities run by andlor seNing tho ethnic minority communities in the Wrral by promoting the effective use of charitable resource5 Public ben8fil The trustees have paid due regard to guidan￿ issued by the Charity Commission in d8ciding what aclivit18S th8 charity should undertake. Achlevernonts and perforniance Slgnmcant actlvitles and achlevements against obi8GtiV8S Polish Folk Figsta In May 2023. th8 Polish folk group perfomied a caplivating display of traditional muslc and dance. Their vibrant performance celebrated Polish culture, bringing the cofflmunity tog8th8r through liv8ly rhythms and colorful coslumes. Ukr8ini8n mur81 unveiling in N8w Brighlon Celebrating Ukrain8's rich history. ils p8opI8'8 Str8ngth and their journey toward fr80dom. Improv8d hydration engagement session for WCA A dynamic and interactive session focused on th8 importance of hydration, offering practlcal lips, Inslghts, and engaging activities lo encourage healthy drinking habits wilhin the community. C8lebr8tè C8rnrs we8k Honoring and supporting the invaluable contribution8 of carers in our community. One highlight was a vlsil to the World Museurn in Liverpool, offering a day of connection, exploration. and appreciation. HAF Wlrral Change organi88d free holiday programmos during Easter and Summer for children aged 5-16, eligible for free school meals benefits. This year kids from diverse backgrounds r8C8iV8d quality activi118s and meals thanks lo this initiative. WIRRAL CHANGE LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Latin American Hallowgen Party A lively c818bration fi118d with vibrant costumes. music, and f8stiv8 traditions. 11 brought tog8th&i th8 community to enjoy a unique fusion of Latin Ameri&gn culture and Halloween fun. Chinese mld-aulumn festival evenl This f881ival c8lebral8d Chin888 autumn Iiaditions 8nd the importan(% of famity reunions. Also known as the Mooncake Festival, it is a time for coming logether and enjoyin9 Shared ￿ltural heritage. The Romanlen Chrfstmas P8rty & National Celebrah'on Day 8ritbging together the communrty lo enjoy festive Iradilions, cultural performances, and commemorale Flomania'$ national heritage. Women's Day Bringing together women from diverse national groups for a vibrant celebratlon of unity and strength. Thls festival showcased the rich cultural conlribulions of women from aiound the worfd, fostering conneclion and 801idarity. Flnanclal revlew In reviewing the overall financial standing of the charity there was a nel decrease during the year Sn net assets of £17.706. This r8sulted from 8 surplus of £24,083 on General Fund (2023 - Surplus £224,480) and a deficit of £41,789 on restricted funds (2023- deficit £164.095). Going concem After making appropdale enquiries. the Board of Truste8s has a reasonable 8xpectation that the charity has adequate resources to Continue in operational e￿stenCe for the foreseeable future. For thi5 reason, it continues to adopt the going concem basis in preparing the financial statements. Further details regardlng the adoptlon of the going concem basis can be found in the Slalement ofAccounting Policies. ReseNes policy The Trustees have a set reserves policy which requires Ihal reserves be maintained at a level which ensures Ihat the charity's core activity Could continue during a period of unfores88n difficulti88 and that a proportion of reserves be malnlalned In readily available form. Wirral Change does not intenlionalty carry a surplus of reserved funds a3 grants are allocated per financial year and are usually must be spenl wlthin that finandal year. The charitl8s unr8Stricled free r88erves at 31 March 2024 wer8 £618.663 (2023.. £595,769). M8jor risks The main risks, to which the charity is exposèd, as id8nlifi8d by th8 Trust88s, have b88n con8ider8d 8nd systems have been established to mrtigate those risks. Pol8ntial risks identified by the Twstees to the conslilLrtlon of the Assoclalion's activlties are: 1. Loss of funding Stream 2. La¢k of communlty Involvement and take-up 3. Loss of accass to adequate levels andlor experienced staff The Trustees have soughl to minimise Ihese rlsks in the following ways: The Trustees and staff are constantty seeking out new avenues of funding. They also ensure rigorous ysl8ms are in pl8C8 for coll8cling monitoring information. Maintaining financial control in order lo satisfy funding regulations and maintain positive relalionships with funding organisaticns. Wirral Change ensu￿5 community involvement and take-up through regular consultalion with users and publicising of activilt8s and seNic8S. WIRRAL CHANGE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 structurnp govomance and management The organisalion which is a registered charfty Ilmiled by guarante8 was incorporated March 2005. The governing document is the company's memorandum and articles of association. Anyone over the age of 18 can be¢om8 a member. It is managed by a Management Board of trustees. Executlve commlttee meetlngs are held monthly and agenda it8ms includ8 finance. health & safety and slaft reports. The Trustees, who are also dlrectors for the purpose of company law. present their annual report and financial statements for the year ended 31 March 2023. At the AGM the Trustees wlll approve the retiremenl of existing Direclors and or the r8cruitm8nl of new Trustees in accordance with the Articles of Association under general meetings page 7 section 2.8 items (3) and (4). The Trustees who served durlng Ihe year and up to the date of slgnature were: Ms S Henry Mr M J Gabriel Ms D Gould Ms G M Lindf181d Ms L McDougall Mr L Neagu S Ahmed A Choi Ha Jou (Resigned 11 November 2024) (R&sign8d 25 January 2024) R8cniitment 8nd appoinlrnent ollwstees Trustees are appointed on the basis of thèir ability to bring to lh8 Managem8nt Board a range of skills to assist in the govemance and development of Ihe Chanty. Before appointment they are guided by th8 proj8ct c¢>ordinator through a comprehensive induction procedure designed to give them a complete understanding of the aims and aspirations of th8 Charity. In addition, Charity Commission literature is given lo all Trustees on an on-going basis Sn crder lo assist them to undersland their legal responsibilities. Organi58tion81 stmcture Wirral Change Limit8d has a Management Board who meets al least 4 limes per year and is responsible for the strategic direction and policy ol the Charity. There are three slaff Manag8m8nt t8am m8mb8rs who individually line manage the outreach learn. oth9r matt9rs When plannlng and programmlng aclivlties for the l¢xal resldents of Blrk8nhead and th8 surrounding 8r83s', th8 Tiuslees of Wirral Change are mindlul of Ihe Charity Commissions guidellnes on Public Benefit. Audltor In accordance with the compan￿5 arlicles, a resolutlon proposlng that Xelnadln Audll Limlted be reappolnted a8 auditor of the company will be pul at a General Meeting. WIRRAL CHANGE LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 D15closure of Infomiation to audltor Each of the trustees has confirmed Ihal there is no inlofmalion of which they are aware which is relevant to the audit, bul of which the auditor is unaware. They have further confirmed thal they hav8 taken appropriate steps ID Identlfy such ￿levant inft)rmalion and lo estsblish that the auditor is a%vare ol such Infonrallon. The trust eport was approved the Board ofTruste&s Gabriel Trustae Date.. WIRRAL CHANGE LIMITED STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The trustees. who are also the directors of Wirral Change Umited for the purpose of Company law, are responslble for preparing the Trustees, Report and the financial statements in accordance with applicabl& law and Unilod Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Iruslees lo prepare financial statements for each financial year which give a true and fair view of the stale of affalrs of the charity and of Ihe incomlng resources and appllcallon of resources, Sncluding the Sncome and expendfture, of Ihe Charilable ￿MpanY for that year. In prèparing th8S8 financlal statements. the trustees are required to.. Gelect sultable accountlng policies and then appty them consistently; observe the methods and principles in the Charities SORP- mak8 judgem8nls and 8slimal8s that are reasonable and prudent- and prepar8 the financial statements on the going concem basis unless it is inappropriate to presume that the charity wlll contlnue In operallon. The trustees ar8 responsible for keeping adequale arxounting records that disclose with reasonable accuracy at any lime the financial position of the Gharity and enable them to ensure that the financial statements comply with Ihe Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking re8sonab18 steps for the prevention and deteclion of fraud and other irTegularitie8. WIRRAL CHANGE LIMITED INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF WIRRAL CHANGE LIMITED Opinion We have audiled Ihe financial statements of Wrral Change Llmlted (the 'charity') for the year ended 31 March 2024 which comprise the slatement of financial activities. the balance sheet and notes lo the financial slatemenl5, including significant accounting policies, The financial reporting fiamework Ihal has b88n applied in thèir pr8paration is applicable law and United Kingdom Accounting Stsndards, including Financial Reporting Standard 102 Th8 Fin8nci81 Rèporting Standard applicable in lh& UK and R8publi¢ of Ireland Iunlted Klngdom Generally Accepted Accounting Pradic8). In our opinion, the financial 8t8tem8nt8: give a true and fair view of th8 Slate of the charitable company's affalrs as at 31 March 2024 and of Its incoming resources and applicatlon of resources, includlng its income and expendlture, for the year then ended., have been properly pr8p8r8d in al￿rdance wilh United lQ'ngdom Generally Acc8Pt8d Accounting PractiC8', and have been prepared In accordance with the requlrements of the Companie5 Act 2006. Bag18 for opinion W8 conduct8d our audit In ac￿rdanCe with Intsmational Stsndards on Audltlng (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditoffs r8sponsitslilies for the audit of the financi81 slatements section of our report. Wa are independent of Ihe charity in accordance with th8 @thical requir8ments Ihal aTe relevant to our audit of the financial statements in the UK. including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in acmrdance wllh these requirements. We believe that the audlt evidence we have obtained is sufficient and appmpriale lo provide a basis for our opinion. Conclusion8 rolatlng to golng concèm In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Bas8d on th8 work we hav8 performed. we have not identified any material uncertainties relatlng to events or conditions that. individually or collectively, may ￿st slgnificant doubt on the charrty's ability to continue as a going concern for a period of at least tsvelve monlhs from when the financial statements are authDri88d for issu8. Our r8sponsibilit18s and the responsibilities of the trustees with respect to going concern are descdbed In the r81evanl sections of this report. Other information The other information comprises the infomalion included in the annual report other than the financial slalements and our audltorfs report thereon. The Iruslees are responsible for the other information contained within the annual report. Our opinion on the financial statements does nol cover the olher informalion and, except to the extent olh8rwis8 explicitly sla18d in our report, we do not expross any fomi of assurance conclusion Ihereon. Our responsibility is lo read the other informatlon and, in doing $0, consider whether the other infcmiation is materially incon5islent wlth the financlal statements or our knowledge obtained in the course of the audit, or olhemise appears to be materially misstated. If we idenlify such material inconsistenci8s or apparent m818rial misslalom8ntS, W8 ar8 requir8d to determin8 whether this gives rise to 8 malerial misslat8m8nt in the financial slatemenls themselves. If, based on the work we have performed, we condude Ihal there is a material mlsslatement of Ihls other infomiation, we are requlred to report that facl. We have nothing to Teport in this regard. Oplnlons on other matters prescribed by the Companles Act 2006 In our opinion, based on the work undertaken in Ihe cours8 of our audit: the information given in the twslees. report for the financial year for whlch the financial stalements are prepafed. which Includes the directors, report prepared for the purposes of company law, is consistent wilh the financial statements., and th8 directors, report included within the trustees. report has been prepared in a￿ordanCe with applicabl8 legal requirements. WIRRAL CHANGE LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF WIRRAL CHANGE LIMITED Matters on which wg aro roquired to report by exceptlon In the light of the know18dge and understanding of the charity and its environment oblalned in the course of the au(Ilt, we have not identified material mi5Statsm8nls in lh8 directors, report included within the trustees, report. W8 h8V8 nothing lo report in resped of Ihe following matters In relatlon to which the Companies Act 2008 r8quires us lo report to you if, in our opinton.. adequate ac£ounting records have not b8an k8pt, or raturns adequate for our audit have not been recelved from branches ncl vlslted by us; or th8 fin8nci81 statemenls are nol In agreement with the accountlng records and retum8; or certain disclosures of trustees, r8rnun8ralion specified by law are not made., or we have nol recelved all the infomiation and explanations we requir8 foi our 8udit,' or the trustees were not entitled to prepare the finandal ststemenls in accordance with tha small companies r8gime and tske 8dvanlag8 of the small cxjmpanies. exemptions In preparlng the trustees. report and from the requirement to prepare a stralegic Teport. Rosponsibili*io9 of trusloes As explained more fully in the slatem8nl of Irustees, responsibilities, the trustees, who are also the directors of the charfty for the purpose of company law. are r8sponsible for tha preparation of the financial statements and for belng satisfied that they give a true and falr view, and for such intemal control as th8 trustees determine is necessary to 8nab18 the preparation of financial slatemenls Ihat are free from material misstatement, whether du8 to fraud or error. In preparing the financial slat8menls. the trustees are responsible for assesslng the charity's abilty to continue as a going concern, disdosing. as applicable. matters related to going concern and using the golng concern basis of accounting unless the truslees either intend to Ilquidat8 the charitabl8 company or to c82S8 OP8ralions, or have no realistic alternative but to do so. Auditorfs responslbllltles for the audlt of the financial statamonts Our obje¢tives are to obtain reasonable assurance about whether the financial 5tat8ments as a whole are free from material misstalemenl, whether due to fraud or em)r. and to issue an audrto¢s report that includes our opinion. Reasonable assurance is a high lev81 of assurance bul is not a guaranlee that an audit ¢Xsnduded Sn accordance wilh ISAS (UK) wlll a￿ayS detecl a malerial rnisslatement when il 8xisI8. Misstatements Can arise from fraud cr 8rrof and are considered material if, individualty or In the aggregate, they could reasonably b8 exp8Ct8d to infiuence the economic d8cisions ol users taken on the basis of these financial statements. The extent to which our procedures are capable of detecting irregularitie5, including fraud, is detailed below. Extent to whlch the audft was consldered capablo of dotectlng Irregularltles, Includlng fraud Our approach tc identifying and assessing the risks of material misslalem8nl in 188pecl of irregularities, Including fraud and nonwcompliance with laws and regulatlons. was as follows.. the engagement partner 8nsured that the 8ngagament leam (x)Ileclively had Ihe approprlate competence, capabilities and skills to Identify or recognise non-compliance with applicabl8 laws 8nd regulations., we identified the laws and regulations applicable to the charity through dlscussion8 with tru8t888 and other management, and from our knowlèdge and experience of charity sector,. we focused on specific laws and f8gulalions which we considered may have a direct material effect on the financial statements or the operation5 of the charity. including th8 Compani85 Act 2008, Ch8ri1ies Act 2011, dat8 protection, anti-bribery, employmenc and heallh and safety legi51ation', W8 assessed the oxtent ol Compliance with the laws and regulations Identified above through maklng enquiries ol managemènl 18am and inspecting legal correspondence., and identified laws and regulations were communlcated within the audit team regularty and lh8 18am remained alert lo instances of non- compliance throughout the audil. WIRRAL CHANGE LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF WIRRAL CHANGE LIMITED We ass8ssed the susc8plibility of the charity's financial stalements to rnaterial misstatement. including obtaining an understanding cf how fraud might occur, by.. making enquiries of management leam as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and considering the internal controls in place lo mitigale risks of fraud and non-complianc8 with laws and regulations. To address the risk of fraud through management bias and override of controls, we., performed analytical procedures lo identify any unusual or unexpected ￿latIOnshipS., tested journal enlrie5 to identify unusual transactions., assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias., and • iriv8Stig8ted lh8 rationale behind significant or unLJsual tr8nsaction8. In response to the risk of irregularities and non Net movement in funds 24,083 (41,789) (17,706) 224.480 {164.095) 60,385 Reconciliation of funds: Fund balances al 1 April 2023 684.298 117,081 781,359 439,818 281,156 720,974 Fund balances at 31 March 2024 688.381 75.272 763,653 664,298 117,061 781,359 The statemenl of financial 8clivities indudes all gains and losses recognised in the year. All Income and expenditure derive from continuing activities. WIRRAL CHANGE LIMITED BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Noles Fixed assets Tangible assets 13 69,718 68,529 Curront as39ts Debtors Cash ai bank and in hand 14 92,920 638.943 51,359 882,253 731,863 733,622 Craditor8: amounts falllng due wlthin one year 16 (37.928) 120,792) Net current aB8ets 693.935 712,830 Tolal assets le3s currant Ilabllltles 763.653 781.359 The funds of the charlty Restricted income funds Unrestricted funds 18 19 75,272 688,381 117,061 664,298 763,653 781,359 The ffnanci I statements were approved by the trustees on .. J Gabriel Trustee Company registration number 05844145 (England and ￿￿les) 10- WIRRAL CHANGE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting polici08 Charlty Informatlon wtrral Change Limtted is a private company limited by guarantee incorporated in England and Wales. The registered office is St Laurence's School, 12-14 St Lauren￿ Drlve, Birkenhead, Merseyside, CH413JD. 1.1 Accountlng conventlon The financlal statements have been prepared in accordanc£ with the charity's goveming document, the Companies Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ir81and" and the Charities SORP 'Accounling and R8POrting by Charities.. Stal8rnent of R8comm8nd8d PractlC8 applicable to charities pr8paring Iheir accounts in accordance with the Financial Reporting Standard appllcable In the UK and Republlc of Ireland (FRS 102)" The charity is a Publlc Benefit Enttty as defined by FRS 102. Th8 charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows. Th8 financial stal8m8nts are pr8par8d in sterfing. which is th8 functional currency of the charfty. Monetary amourrts in these financial stalements are rounded to the nearest £. 1.2 Prior poriod adjustment The charity applies FRS 102, Se¢lion 10 (Accounling Policies, Estimates. and Ermrs) and Charity SORP (FRS 102). paragraphs 3.48-3.52. when correctlng malerlal errors In pdor financlal statements. Where a prfor period adjustment is necessary, comparative figures are restated, and a (x)rresponding disdosur8 is prcvid8d explaining the nature and financial impact of the adjuslmenl. During Ihe current financlal year, a revlew Identlfied that a peppercorn rent arrangement had nol been accounted for in prior years. To comply with the relevant accounting standards, a prior period adjustment was made to reflect the fair value of the donated rent. This adjustment r8sull8d in th8 r8cogniticn of additional income under"Donated Facilities" and a corresporKling increase in rental expenditure. This policy ensures that the financial slalements a¢¢uralety rep￿sent the charitls resources and obllgalions, enhancing Iransp8rency and compliance with financial reporting Standards. 1.3 Golng concern At the lime of 8PPfoving Ihe financial slatemenls. Ihe Irustees hav8 8 r8asonable &xp8clalion that th8 charity ha5 adequate resources to continue in operational existence for th8 foreseeable future. Thu8 the trust888 continue lo adopt the goin9 ¢oncem basis of accounting in preparing the financlal statement5. 1.4 Charitablo fund8 Unrestricted fvnds are avallable for use at the dlscretlon of the trustees In furtherance of thelr charltable objectives. Restrlcted funds are subject to specific conditlons by donors or grantors as to how they may be used. The purposes and uses of the reslrKted funds are set out in the notes to the financial stat@ments. 1.6 Income Income is recognised when the charity is legally enlilled to it after any performance conditions have be8n m81, the amounts can be measured reliabty, and it is probable that In￿Me will be received. Cash donations are recognised on receipt. Olher donations are recognised once the charity has been nolified of the donation, unless performance conditions require deferral of Ihe amount. Income lax recoverable in r81alion to donations received under Gift Aid or deeds of covenant Is reco9nised al the lime of the donation. 11 WIRRAL CHANGE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Ac¢ountlng pollcle$ {Contlnued Legacies are recognised on receipt or otheThiise rf the charity has been notified of an impending dlstrlbutlon, the amount is known. and receipl is expected. If the amount is not known, the legacy is Irealed as a contingent asset. The charity recognises the fair value of donated use of faalities and sernices in a¢cordanc* wlth FRS 102 and 59Ction 6 of the Charity SORP (FRS 1021. Wh8re 8 charity b8n8fits from th8 U88 of pr8mi888 under peppercorn rent arrangement, the market value of the rent 18 recogni88d as both income and 8xpenditur8 in the Statement of Flnanclal Actlvilies (SOFA). The fair value of donated facililie5 is determin8d based on m8rk81 rates for equivalent premises in a similar location. The recognition of this donat8d benefit ensures that the financial statements provide a true and fair vlew of the charity's operations. Incom8 from charitable acttvities includes inrAJme received under contract or wher8 enlillamenl lo th8 grant funding is subject to perfornan¢e conditions. Income is re¢ognised in the Slatèmenl of Financial Activi118S when the related seNices have been provided. 1.6 Expendlture Expenditure is recognised On￿ there is a legal or constructive obligation to transfer econDmic benefft lo third paty. il is probable that a transfer of economic benefils will be required in settlemènt, and the amount of the obligation can be rneasured reliably. Expenditure is classified by aclivity. The costs of each activity are made up of the total of direct costs and shar8d costs, including support cosls involved in undertaking each aclivity. Direct costs attribul8ble to a single activity are allocated direclty to thal artivity. Sharèd costs which contribut8 to mor8 than one activity and support costs whl¢h are not attrlbthable to a single activity are apportioned be￿een those activities on a basis consislenl with the use of resources. Central staff costs are allocated on the basis of lime spent, and d8pr8cialion charges ar8 allocated on the portion of Ihe asset's use. Liabilitles are recognised as expendilure as soon as there is a legal or constructive obligation committing the charity to that exp8ndilure, il is probable Ihal a transfer of economic benefits will be required in setllemenl and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classlfied under headings that aggregate all cost related lo the category. Where costs cannot b8 direclly allribuled to particular headings they have been allocated to adivilies on a basis consistent wlth the US8 of resources. Governance costs represent Msts associated with meeting the constitutional and statutory requlrements of th8 charity and indud8 Ihe audit fe88 and costs linked to Ihe strategic m8nagem8nt of the charity. 1.7 Tangible fixod a99etg Tangible fix8d ass8ts are initially measured al cost and subs8quenUy measured 81 cosl or valuation, n81 of depreciation and any impairment losses. Depreclation 18 recogni88d so as to write off the cost or valuation of assets le85 Ih8ir r85idual values over Iheir useful Ilves on the following bases.. Fixtures and fittings Computers 15°A on cost 15%onMst The gain or loss arising on the disposal of an asset is determined as th8 differ8nc8 be￿een th8 sale proc88ds and the carrying value of the asset, and is recognised in the statement of financial acttvities. 12- WIRRAL CHANGE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (Contlnued) All 8quipment, fixiures and fittings with an original Cost of less than £800, are written off in the year which the expenditure was incurred on the basis that due lo th8 company's activiti88, thero is no expectation that the cost will be recovered by way of future revenu88. 1.8 Impalrment of fix8d At each reporting end date. Ihe charity reviews the carrying amounts of its lan9ibl8 as88ts to det8miin8 whether there Is any Indication that those assets have suffered an Impalrm8nt loss. If any such indication exists. the recoverable amount of the assel Is esllmated in order lo detemine the extent of the Impalrmenl loss (if any). 1.9 Cash and cash •quivalents Cash and cash equivalents includ8 cash in hand, deposits held at call with banks. other short-lemi liquid Investments w6th original maturities of lh￿e months or less. and bank overdrafts. Bank ov8rdrafts are shown within bo￿owing5 in current liabilities. 1.10 Flnanclal Instruments The charity has elected to apply the proifjslons of Section 11 'Basic Financial Instruments, and Sectlon 12 'Olher Financial Instruments Issu8s' of FRS 102 to all of its financial instruments. Financial instruments are recognised In the ¢harlty'S balanc8 sh88t wh8n th8 charity b8com88 paty to the contractual provlslons of the Instrument. Financial ass818 and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable rrghl lo set off the recognised amounts and th8r8 is an int8ntion to settl8 on a net basls or lo ￿alIse the asset and settle the Ilabillty slmuttaneousty. Basie financlal assets Baslc flnanclal assets, which indude debtors and cash and bank balances, are inttially rneasur8d 8t transaction price including transaction costs and are subsequenlly carrled at amortlsed cost using the effective int8r881 method unless the arTangemenl conslilutes a financing transaction, where the transaction is measured at the present valu8 of Ihe future receipts discounted at 8 mark81 rale of inlefesl. Financial &ssets classlfled as recelvable wlthin one year are not amortised. Baslc flnanclal liabllltles Basi¢ financial liabilities. including credrtors and bank loans are initially r8cogni58d al transaction price unless the arrangement constitutes a flnanclng Iransactlon, where the debt instrument is measured at Ihe present value of the future paymenls discounted al a market rale of inleresl. Financial liabilitles Classified as payable within one year are nol amortlsed. Debt instruments are subsequently carrled at amorllsed cost. uslng the effeclive interest rate method. Trad8 cr8dilors ar8 obligations to pay for goods or servic88 Ihal have been acquired in the ordin8ry course of operaticns from suppliers. Amounls payable are dassified as current liabiliti8s il paym8nt is du8 within one year or less. If not, they are presented as non-current Ilabllilies. Trade creditors are recognised initially al transaction price and subsequently measured at amortised cost using the effective Interest method. Derecognftlon of flnanclal Ilabllltles Financial liabilities are derecognised when the charity's ￿ntraCtual obllgallons explre or are discharg8d cr cancelled. 13- WIRRAL CHANGE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcle8 (Contlnuod) 1.11 Employee beneffts The cost cf any LSnused holiday entillemenl is recognised In the perfod In whlch the employee's servlces are r8ceiv8d. Tennlnatlon benefits are recognised immedialety as an expen88 when the charity is d8monslrably committed to termlnate the employment of an employee or to provlde tem)ination benefits. 1.12 Rotlrement benofits Payments to deflned contrlbutlon retirement benefit schemes are charged as an 8xpens8 as they fall du8. Critical accounting •gtimaleg and judgements In the appllcatlon of the charity's accountlng policl8S. the tru8188s ar8 f8qUlf8d to make judgements, 8Stim81&s and assumptions about the carrying amount of assets and liabilities that are not readily apparent trom oth8r sourc8s. The 8Stimales and associaled assumptions are based on historical experience and other factors that are considered lo be relevant. Actual results may differ from Ihese estimates. The estimates and underlying assumpllons are reviewed on an ongoing basis. Revisions to accounling 8slimalgs are recognised in Ihe period in which the estimate is revised where the revlslon affects only that period, or in the period of lh8 r8vision and future periods where the revision affects both currenl and future perlods. Income from donations and legacie$ Unrestricted funds 2024 Unre8trictsd funds 2023 Donations and gifts Donated use of facilili8S 5,400 30,OQO 4,501 30,OQO 35,400 34,501 Income from charllablo a¢llvllles Charitable Charitable actlvltles actlvltles 2024 2023 P8rfomianc8 r8lated grants 975,494 946,832 Analysis by fund Unrestricted funds Restricted funds 52,640 922,854 31,452 915,380 975,494 946,832 14- WIRRAL CHANGE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from Gharftable a¢llvllle$ (Contlnued) Perfomiance related grants analyslg Charftable Charltable actlvltle$ a¢tlvttla$ 2024 2023 Ask Us Wirral Big Lottery Jubi18e Evenl Blg Lottery Community Hub BME Health Intervenlion WBC BME Health Improvemenls WBC BAME Community Support WBC Carers Wellbeing Wired CAF Charities Aid R88iliencg EU Settlement Scheme NHS Wrral Edsenti81 HAF Holiday Activity Lloyds Bank W8lcom8 lo Wirral Involve North West Reachoul Henry Smith Strengthening Communities WBC ILM Ways to Work Other Wirral Council Community Foundation Lancashire Lloyds Bank One Wrral CIC Bridging the Gap Sporl England Tackling Inèqualities Digitsl Inclusion Helpoul Wellbelng Support Multiply Project Wirral Household Support 33.488 33,488 9,980 90,760 26,125 28.226 175,000 12,180 26,087 43,616 53,415 8,120 24,995 222,973 60,OQO 3D,665 15,527 46,675 10,000 2,250 26,750 89,661 26.125 31.661 224,672 20.300 15.613 53,415 11,230 183.262 60.000 44,201 52.640 10,486 10,000 2.650 43,592 19,498 43.000 975,494 946,832 15- WIRRAL CHANGE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from othor trading activitios Vnrestrlctsd Restrlctsd funds funds 2024 2024 Total Unrestrfctsd Restrfctsd funds funds 2023 2023 Total 2024 2023 Courses & fundralsing Room Hir8 Translation Fee 604 38.104 2,095 604 38,104 2,095 3,213 29,528 2,505 3,213 29,528 2,745 240 Other trading 8clivities 40.803 40,803 35.246 240 35,486 Income fmm Inveslrnents Unrostrictsd Unrestrictsd funds fund8 2024 2023 Interest receivable 5,017 1,941 16- WIRRAL CHANGE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expendfture on charltable actfvltles Charltable activities 2024 Charltsble activities 2023 Staff costs Depreclation and Impaim)ent Advertising Bank charges C18aning Donations lo Llvlngstone St Events & activities Food parcels Insurance Office expenses Professional f88S Refreshments Rent & Rates Repairs & Maintenance stationery & printing Telephones Training Travel utilits'es Vcluntegr expenses Vouchers Waste Disposal Other Costs 758,211 14,926 283 351 14,517 12,032 19,311 34,521 5,575 26,701 9,763 2,447 81,901 7,482 8,029 16,248 16,943 7,729 665,9S6 10,730 405 328 17.5QO 8,988 31,058 27.599 5,142 19,605 10,470 6,744 74,550 8,478 5,416 14,247 6,786 8,432 719 6,311 18,160 5.817 3,095 6,983 11,168 5,805 5,494 1.066,420 956.574 Share of support and governance costs (see nots 8) Governanc8 8,000 1,800 1,074,420 958,374 Analy818 by fund Unrestricled funds Restricted funds 109,777 964,843 30,003 928,372 1,074,420 958,375 17- WIRRAL CHANGE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Support ¢08ts allocat•d to activitie8 2024 2023 Governance costs 8,000 1,800 Analysed beiween: Charitable activitle5 8.000 1,800 Net movement In funds 2024 2023 Th8 nel movemenl in funds is staled after chargingl((xediling)= Fees payable for the audit of the charity's financial statements D8pr8Ci81ion ol own8d tangible r￿ed assets 5,100 14,926 10,730 10 Trustses None of the trustees (or any persons connected with them) re￿iVed any remuneration or benefits from the charity durlng the year. 11 Employoes The average monthly number of employees during the year was: 2024 Number 2023 Number Clerical & managemenl Ca3eworker3 31 27 Total 30 Employment costs 2024 2023 Wages and salarles Social security costs Other pension ¢o$ts 696,057 49.820 12.334 607,657 47.655 10,684 758,211 665,996 There were no employees whose annual remuneration was more than £60.000. Remuneration of key management pernonnel Key management personnel are deemed to be members of the senior management team, which conslsts of the Chief Executive. Deputy Chief Execulive. General Manager and Finance Manager. Aggregate remuneration for the year, including employers llatN)nal insurance and pension CDnlribulions, wa5 £174.854. 18- WIRRAL CHANGE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12 Thxatlon The charity is exempl from taxation on its activities because all ils income Is applled for Gharftable purposes. 13 Tanglble fixed a880ts Flxtum and Cofflput•rn ffttlnlll Tgtsl Co8t At 1 Apdl 2023 Additions 45.845 11.217 42.787 4,898 88,632 16.115 At 31 March 2024 57,062 47,885 104,747 Depreciation and impaimiont At 1 April 2023 Depreclalion charged In the year 9,931 7.978 10,172 6.948 20,103 14,926 At 31 March 2024 17.909 17.120 35,029 Carylng amount At 31 March 2024 39,153 30,565 e9,718 At 31 March 2023 35,914 32,615 68,529 14 Debtors 2024 2023 Amounts falllng duo Within one year. Trade debtors 92,920 51,369 15 Loans and overdrafts 2024 2023 Bank loans 53 Payable wfthln one year 53 19- WIRRAL CHANGE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Croditors: amounts falling due wlthln one year 2024 2023 Note8 Bank loans Other laxalion and social security Trad8 creditors Other creditors Accru818 and deferred income 15 53 11,844 2,577 4,118 2,200 12,053 14,733 2,742 8,400 37,928 20,792 17 Retlrem8nt benoflt schem08 2024 2023 Defined contribution schemes Charge to profrt or loss In respeci of defined contribution sch8m8s 12,334 10,684 The charity OP8fat8s a defined conlribulion pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administ8r8d fund. -20- WIRRAL CHANGE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 Restrictod funds The restrfcted funds of the Charlty comprfse the unexpended balances of donallons and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 Aprll 2023 Incomlng Re8ourco5 resources expended Transfor8 At 31 March 2024 Ask Us Wrral BAME Communlty Support BME Health Improvements BME Health Inl8rventions Brldging the Gap Carers Welbeing Community Hub Project NHS Wirral CCG-CDW Project Digital Inclusion Helpoul Welbeing Support Holiday AGtivity Fund (HAF) EU Setuement Scheme ILM Ways lo Work Involve North West Reachout Multiply Project Strenthening Communities Lloyds Bank Welcom8 to Wrral Wirral Household Support Fund Sport England Tackllng Inequalities 33.488 224.672 31.681 26.125 10.487 20.300 89.681 53.414 2.650 43.592 11.230 15.613 44.201 183.262 19,498 60,000 (33,488) (270,303) (39,540) (26,125) (10,48n (20,438) (89,681) (51,672) (2,650) (43,592) (14,126) (6,200) (41,742) {183,262) (19,498) (56,483) (2,376) (43,000) 45.631 7.879 9.507 9.369 50.404 52,146 4.082 {9.413) 1,186 2,459 6,595 2.376 10,112 43,000 10,000 (10,000) 117.061 922.854 {964,643) 75,272 -21 WIRRAL CHANGE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 Ro3tri¢tod fundg Icontlnuedl Prgviou• yoar: At 1 Aprll 2022 Incoming resources Rè8ource• expended Tran8far8 At 31 March 2023 Ask Us Wirral BAME Community Support BME Health Improvements BME Health Int8rv8nlions Bridging the Gap CAF Resillen Carers Welbeing Community Hub Proj8Ct NHS Wrral CCG-CDW Proj8Ct Digital Incluslon Helpout W8lbeing Support Holiday Aclivty Fund (HAF) EU Settlement Scheme ILM Ways lo Work Involve North W8sI Reachout 8ig Lottery Jubilee Event Slrenlhening Communities Lloyds Bank Welcome lo Wirral Wirral Household Support Fund 33.488 175,240 28,226 26,125 14,400 26,087 12,180 90.760 53,415 12.350 38.864 8.120 43.616 30,665 184,109 9,980 60,000 24.995 43.000 (33,488) (178,552) (30,543) 48.943 10,196 125.218 45,631 7,879 (151,343) (14,400) (70.238) (12.421) I￿.760) 153.230) {12.350) 138,884) {4,038) {41.339} {27,369} (184,109> (9.9801 {59,0291 {24,6821 {43,0001 44,151 9,748 9,507 50.219 50,404 4,082 (9,413) (11,690) (3,296) 5,624 2,043 6,595 2,376 281.156 915.620 (928,3721 {151,343) 117,061 -22- WIRRAL CHANGE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 Restrlcted funds Icontlnuad Ir: An inferm81ion, advice and guidance project on partnershlp with Age UK and CAB to ensure people from BAMER communili88 hav8 8UPPOrt and h81p when th8y need IL A proje¢l to promote the heallh inequalities faced by BAME Communities In regards to Covld-19, offerlng outr8ach support 88 well 88 advisory health & wellbeing provision. Raises awareness, removes barflers and supports Wirral BME Communltles to make posltlve Ilfestyle changes Ihiough events. ealt Raises awareness, removes barriers and supports Wirral BME Communitles to make posltlve Ilfestyle change8 through one lo on8 inte￿entIon. In collaboralion with One Wirral. this inttiative delivers activities tailored for adults from ethnlc backgrounds with long term health conditions. The aim Is to support thelr recovery and m8ntal w811b8ing stability, implem8nling acllon plans for langlble progress. CAF Rosilienco Bolstering the leadership and sustainabilty of the or9anisalion with th8 SUPPOrt of the funded development team. Carnrs Wellboin WIRED fund5 the rArers project larget BAME and disadvantaged carèrs and provid8 a we8kly carers group to support carers wlth thelr mentsl and physical wellbeing. Communi Hub Pro oct A communal space for diverse cultural events to occur promoting social pr8scrtption and inclusion. SW. ICCGCDWPro. A h8allh and emotional w811being Project. funds running costs & slaff. An extension of services largeling seldom-reached communtty members through Improved access to dlgltal mediums. This initiative enrAJurages online Opportunities and skills development. Upgrading cutdaled computef devices and enhancing connectivity within our community group activltles. Earl Inter4entlon su ort of mentsl heall Providing proa¢t5ve, lallored support lo address mental health challenges earty, promoting rasilienca and well- being before issues escalate. EU Settlement Scheme funded b the Home Offke Providing support lo EU nallonals In securing their immigralion status to conttnue living and working in the UK post-Brexil. EU Sottlement Scheme A project supporting EEA & Swiss communities funded by Home Office via remowng doubt from EU citlZ8ns resident in the UK through casework support with applications and surrounding issues. Hel Outwellbein oort Ulilising the Employabilty Support Fund to remove barriers to employment and support health and wellbeing issues faced by individuals seeking employment. -23- WIRRAL CHANGE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 Restrlcted funds Icontlnuedl HAF Holida Activi To provide Half Term fun aclivities for children. Lmwa The Inlermediale Labour Markel (ILM) scheme Is for helplng young people get back In to work from disadvantaged groups such as ￿re leaver5 and thos8 wilh di8abiliti88. A numeracy course enhanryng ernployabilty and daily skills, tailored for Wlrral's seldom-reached ethnlc minorities, supporting those outside th8 laboui market and building confidence for UK accredilalions. mmunl Health Che Free assessments designed to identrfy and prevent health risks. land Tacklin Ine ualiti8g Delivering diverse aclivities focused on enhancing physical fitness. mental well-being, and social C￿nn8ctIOnS through comprehensive sports and wellness pr¢￿3raMme$. nvolv8 Northwest Rea¢hoLrt Partnerghi An employment project lo assist members of the local community gain employment. Stron thenin Communities A proj8Ct thal supports disadvantaged and marginalised groups, particularly those from the BAMER community. Welcome to Wirral A project lo support Ihe health and wellb8ing n88ds of r8fu988s. asylum seekers and resettlement families new to Wirral. Wirral Household Su ort Providing support lo alleviate finan￿3] slruggles frdced by elhnic minority communities, especially those affected by the Increased cost of INing and recenl poverty conc8rns. This initiative targets individuals still grappling lo recover and reintegrale into nonnafity. -24- WIRRAL CHANGE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 19 Unrestrfcted funds The unrestricted fijnds of the charity comprlse the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as lo how they may be used. These include designated funds which have been set askle out of unrestricted funds by th8 Irust888 for sp8cific purpos88. At 1 Aprfl 2023 Incomlng Resourc09 ro8ourc88 •xpendod Transfers At 31 March 2024 General funds 864,298 133.860 (109,77n 688,381 Previous year.. At 1 April 2022 In¢oming ro8ourc•¥ Resourceg oxp•ndod Transfers At 31 March 2023 General fvnds 439.818 103,140 (30,003) 151,343 664,298 20 Anatysls of net assets betweon funds Unrestrlcted funds 2024 R88trictsd funds 2024 Total 2024 At 31 March 2024: Tangible assets Current asselsllllabililies) 69,718 618,663 69,718 693,935 75,272 688.381 75,272 763,653 UnreGtrl¢ted funds 2023 Restrfcted funds 2023 Totsl 2023 At 31 March 2023: Tangible assets Current assetsl(liabililies) 88,529 595,769 68,529 712,830 117,061 684,298 117,061 781,359 -25- WIRRAL CHANGE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 21 Related party transactions Trnn8aCtlon8 wlth r•lat6d partl During the year ended 31 March 2024. Ihe charity made a donatlon of £12,032 (2023.. £8,988} to its wholly- owned subsidiary, Livingslone Slreel Community Centre CIC, a Community Interest Company (CIC). The donation was madg from Ihe charity's unrestricted funds and wa8 provided lo support the subsidlary's activtti8S that align with the charitys charitable purposes and objectives. The donation was approved by the charity's Board of Trustees. and it has been recorded In the charlty's financial slalemenls as part of th8 exp6nditure for the year. There is no intenllon for the donation to result In any financial benefit for individuals connecled lo the charty. and il is in th8 best int8r88t of the charity to support the ongoing operations ofthe subsidiary. The CIC is a related party of Ihe charity, and as such, Ihe donation is considered a related party transactlon, The amount of £12.Q32 has been disclosed in both the charity's and lh8 subsidiary's financial statements Sn accordance wlth the requi￿rnents of Ihe Charities SORP (Statement of R8comm8nded Practice). There were no other related party transactions during the year that require fijrther disclosure. except as noted abov8. 22 Sub8idiari88 rral Change Limtted is the sole member of Livingstone Street Community Centre CIC, a community int8r8sI company ICIC) incorporated in England and Wales. The CIC'S prlnclpal actlvity is to support community- based initialiv8s in line with the charitable obie¢lives of Wirral Change Limited. The results of Llvlngslone Street Communty Centre CIC have not been consolidaled into thes8 financial statemenls, as the directors have determined that the CIC is not materfal to the overall financlal position of th8 charity. For the flnanclal year ended 30 April 2024. Livingslone Slreet Communty Centre CIC reported a d8ficil cf £22,333 (2023. surplus £253), with members, funds at the year-end amounting to deficlt of £10,288 12023.. surplus £12.24SI. The trustees wlll contlnue to monltor the financial position of the 8ubsidiary and assess its impact on tha charity's financial slalements in future feporting periods. -26- WIRRAL CHANGE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 23 Prlor perlod adlustment Changes to the balance S￿et At 31 March 2023 A• pr•Ylougly Adlu$tmgnt rgportèd A• r•¥tat•d Restricted funds Unr88tricted funds 117,061 864,298 117,061 664,298 Total equlty 781,359 781,359 Changes to the proflt and loss a¢¢ount Period ended 31 March 2023 A8 pr•vlou#ly AdJu8tm•nt As r•8ts18d r•port•d Incofflè from: Dorbalions and legacies 4,501 30,QOO 34,501 Expendituro on: Charitable activities 928,375 30,QOO 958,375 Net movement In funds 60,385 60.385 Durfng the current financial year, a revlew of the aC￿jUnI1n9 treatrnent for a long-term peppercorn lease agreement revealed that the market value of Ihe rent had nol been recogni5ed in accordan￿ wlth FRS 102 and the Charity SORP (FRS 102). Under 58clion 6 ofthe Charities SORP (FRS 1021, charities must recognise income and expenditure reiated to donated use of facilities and at their fair value, where practicable. It was determined thal th8 fair valu8 of the renl for the premises occupied by Wrral Changè Lirnited wa8 £30,000 per annum, bul no corresponding income or expense had been recorded in prior financial slatemenls. To ensure compliance with FRS 102 and the Charity SORP, a prior year adjustment has been m8do to r8lt8cI tho rnark8t value ol the rent 85 (k)nated incom8 with a corresponding r&ntal expens8. Thls adjustment has no Impact on cash flows or the reserves of the Charlty, as the recognltlon of the rent expense and donated Income offset each other. -27-