2021-03-31-accounts - MPF Charitable Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

REGISTERED CHARITY NUMBER: 1119125

Report of the Trustees and

Financial Statements for the Year Ended 31 March 2021

for

Merseyside Police Federation Charitable Trust

Kinsella Clarke Limited 61 Stanley Road Bootle Merseyside L20 7BZ

Merseyside Police Federation Charitable Trust

Contents of the Financial Statements for the Year Ended 31 March 2021

		Page	Page	Page
Report	of the Trustees		1
Independent Examiner's Report			2
Statement of Financial Activities			3
Balance	Sheet		4
Notes to	the Financial Statements	5	to	8
Detailed	Statement of Financial Activities		9

Merseyside Police Federation Charitable Trust

Report of the Trustees for the Year Ended 31 March 2021

The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees applicable have to charities adopted the preparing provisions their of accounts Accounting in accordance and Reporting with the by Charities: Financial Statement Reporting of Standard Recommended applicable Practicein the UK and Republic of Ireland (FRS 102) (effective I January 20 19).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1 119125

Principal address

Malvern House 13 Green Lane Liverpool Merseyside 1413 71)T

Trustees

P Kinsella A Fairclough D Lowe Mrs W Sudworth

Independent Examiner

Kinsella Clarke Limited 61 Stanley Road Bootle Merseyside L20 7BZ

Approved by order of the board of trustees on .........

and signed on its behalf by:

Trustee

Page I

Indcpcndcnt Examiner's Report to the Trustccs of Mcrscysidc Police Federation Charitable Trust

Independent examiner's report to the trustees of Merseyside Police Federation Charitable Trust

I report to the charity trustees on my examination of the accounts of Merseyside Police Federation Charitable Trust (the Trust) for the year ended 31 March 2021.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 201 1 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm 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 Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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 accounts to be reached.

Mr S J Kirkham Kinsella Clarke Limited 61 Stanley Road Bootle Merseyside L20 7BZ

Date: ............ e .......... ( ... 2-.o-z..-q ...............

Page 2

Merseyside Police Federation Charitable Trust

Statement of Financial Activities for the Year Ended 31 March 2021

				for t	he Year Ended 31 March 2021
						31.3.21	3	1.3.20
						Unrestricted		Total
						fund		funds
					Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies						7,687		11,768
Other trading activities					2	29,226		48,090
Total						36,913		59,858
EXPENDITURE ON
Raising funds					3	36,291		59,002
NET INCOME						622			856
RECONCILIATION		OF	FUNDS
Total funds brought	forward					30,992		30,136
TOTAL FUNDS CARRIED				FORWARD		31,614			30,992

The notes form part of these financial statements

Page 3

Mcrscysidc Policc Federation Charitable Trust

Balancc Shcct 31 March 2021

																	31.3.21		31.3.20	31.3.20
																Unrestricted			Total
																	fund		funds
									Notes
CURRENT ASSETS Debtors Cash at bank and in hand									6								1,050 37,902		1,151 31,236
																	38,952		32,387
CREDITORS Amounts falling due		within		one	year				7								(7,338)		(1,395)
NET CURRENT ASSETS																			30,992
TOTAL ASSETS LIABILITIES	LESS		CURRENT														31,614		30,992
NET ASSETS																			30,992
FUNDS									8
Unrestricted funds																	31,614		30,992
TOTAL FUNDS																	31,614		30,992
The fin ci I statements					were		approved		by		the		Board	of	Trustees	and	authorised	for	issue	on
				and		were	signed	on	its	behalf		by:

Trustee

The notes form part of these financial statements

Page 4

Merseyside Police Federation Charitable Trust

Notes to the Financial Statements for the Year Ended 31 March 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The accordance financial with statements the Charities of the charity, SORP which (FRS is 102) a public 'Accounting benefit entity and Reporting under FRS by 102, Charities: have been Statement prepared ofin Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Financial Ireland' and Reporting Standard the Charities applicable Standard Act 102 2011. in the 'The The UK Financial financial and Republic Reporting statements of Standard Ireland have (FRS been applicable prepared 102) (effective in the under UK the I and January historical Republic 20 19)',costof convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

2. OTHER TRADING ACTIVITIES

		31.3.21	31.3.20
Fundraising	events		10,130
Admissions			11,935
Social lotteries		29,226	26,025
		29,226	48,090

Page 5

continued...

Merseyside Police Federation Charitable Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2021

3. RAISING FUNDS

Raising donations and legacies

Support costs	31.3.21 31.3.20 36,291 59,002

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

			Unrestricted
			fund
INCOME AND ENDOWMENTS		FROM
Donations and legacies			11,768
Other trading activities			48,090
Total			59,858
EXPENDITURE ON
Raising funds			59,002
NET INCOME			856
RECONCILIATION OF	FUNDS
Total funds brought forward			30,136
TOTAL FUNDS CARRIED FORWARD			30,992

Page 6

continued...

Merseyside Police Federation Charitable Trust

Notes to the Financial Statcmcnts - continued for the Year Ended 31 March 2021

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

																						31.3.21	31.3.21	31.3.21	3	1.3.20	1.3.20
	Trade debtors																						1,050				I ,OOO
	Other debtors																										151
																							1,050				1,151
	CREDITORS:				AMOUNTS			FALLING					DUE		WITHIN			ONE	YEAR
																						31.3.21			31.3.20
	Other creditors																					7,338					1,395
8.	MOVEMENT				IN	FUNDS
																						Net
																						movement
																			At		1.4.20	in	funds		31.3.21
	Unrestricted		funds
	General fund																		30,992					622		31,614
	TOTAL FUNDS																		30,992				622		31,614
Net movement				in funds,			included			in	the	above		are		as	follows:
																			Incoming			Resources			Movement
																			resources			expended			in		funds
	Unrestricted	funds
	General fund																		36,913			(36,291)					622
	TOTAL FUNDS																		36,913			(36,291)					622
	Comparatives			for		movement			in	funds
																						Net
																						movement
																			At	1.4.19		in	funds		31.3.20
	Unrestricted		funds
	General fund																		30,136				856		30,992
	TOTAL FUNDS																		30,136				856		30,992

Page 7

continued...

Merseyside Police Federation Charitable Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2021

s. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Comparative	net movement in funds, included in the above are as fol	lows:	lows:
		Incoming Resources		Movement
		resources	expended	in	funds
Unrestricted	funds
General fund		59,858	(59,002)		856
TOTAL FUNDS		59,858	(59,002)		856

A current year 12 months and prior year 12 months combined position is as follows:

				Net	Net
				movement
				in	funds	31.3.21
Unrestricted		funds
General	fund		30,136	1,478		31,614
TOTAL FUNDS			30,136	1,478		31,614

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

			Incoming Resources	Incoming Resources	Movement	Movement
			resources	expended	in	funds
Unrestricted		funds
General	fund		96,771	(95,293)		1,478
TOTAL	FUNDS		96,771	(95,293)		1,478

9. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 3 1 March 2021.

Page 8

Merseyside Police Federation Charitable Trust

				Detailed	Detailed	Statement	Statement	Financial	Activities
				for	the	Year	Ended	31 March	2021
										31.3.21	31.3.20
INCOME AND			ENDOWMENTS
Donations and	legacies
Donations										7,687	1 1,768
Other trading	activities
Fundraising events											10,130
Admissions											1 1,935
Social lotteries										29,226	26,025
										29,226	48,090
Total incoming		resources								36,913	59,858
EXPENDITURE
Support costs
Management
Prize purchases											1,712
Event costs											9,351
Entertainment		costs									3,444
Advertising											286
											14,793
Finance
Community grants										15,075	14,411
Donations										21,000	29,542
Sundries										20		20
Bank charges										196	236
										36,291	44,209
Total resources	expended									36,291	59,002
Net income										622		856

This page does not form part of the statutory financial statements

Page 9