REGISTERED CHARKTY NUMBER: 1119125 Report of the Tru51ees and Financial Slaternents for Ihe Year Eiiqled 31 March 2024 for Merseyside Police Federation Clbai'itb1e Trust Kinsella Clarke Limited 61 Stanley Road Bootle Mer5ey5ide L20 7BZ
Merseyside Police Federation Chai'ilable Trust Contents of the Fin¥4ncial Stalemeiits for the Year Ended 31 March 2024 Page Report ofthe Trustees Independent Examlner's Report Statement of Financial Aelivities Balanc¢ Sheet Notes to Ilie Flnan¢ial Statements Detalled Stal¢menl of Financial Aelivities
MerseysRde Police Federation Charitable Trust Report ofthe Triistees for the Year Ended 31 March 2024 The trustees pi'esent their report with the financial slalemeJ)ts of the charity ror the year ended 31 Mnrch 2024. The trustees have adopted the pi'ovisions of Accounting and Reporting by Charities: Statem¢nt of Recommended Practice applicable lo charities preparing their accounts in accordance with the FinancÈal Reporting Standai'd applicable in the UK and Republi¢ of Ireland (FRS 102) (effective l January 2019). STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is conti'olled by ils governing document. a deed of trusl and constitutes an unincoiporated charity. RKFEI REf4CE AND ADMINISTRATIVE DETAILS Regislered Charily number 1119125 Principal addr¢s$ Malvcrn House 13 Green Lane Liverpool Merseyside L137DT Trustees A Fairclough (resigned 12.1.24) D Lowe W Sudwoith C Garlick C McGlade (appointed 12.1.24) Independent Examiner Icinsella Clai'ke Liniiled 61 Stanley Road Bootle Mei'seyside L20 7BZ Appi'oved by ordei. of the board of trustees on ..,..., aiid signed on ils behalf by.. Truslee Page I
ndependenl Examiner's Report to the Trustees of Merseyside Police Federation Charitable Ti'ust Indepeiident examiner's report to the trustees of Merseyside Police Federation Charitable Trust I report to the charity ti'ustees on my examination of tlie accounts of Merseyside Police Federation Charitable Trust (the Ti'ust) for the year ended 31 March 2024. Responsibilities and basis of report As the charity ti'ustees of the Trust you are responsible for the preparation of the accounts in accordance with the ¥equirem¢nts of the Charities Act 2011 ('the Act,). I repoit in respect of my examination of the Trust's accounts carried out under Seclion 145 of the Act and in carrying out my exainination I liave followed all applicable Directions gtven by the Cliarity CoTnmission undei. Section 145(5)(b) of the Act. Independent exaininer's slatement I have coinpleted my examiiiatioii, I confinn that no material matters have come to my attention in conn¢ction with the examination giving rne cause to believe that in any material respect: accouiiting records were not kept in respect of the Trust as required by Section 130 of the Act; or the accounts do not accord with those iecords. or the accounts do not comply with Ihe applicable requirements conceming the form and content of accouiits set out in the Charities (Accounts and Rcpvrts) Regulations 2008 other ihan any requii'enient tliat the accounts give a true and fair view which is not a matter considered as part of an independent exainination. I have no concerns and have come across no other matters in connection with the exainination to which attentioii should be drawn in this r¢poit in order to eiiable a proper understandingi of the accounts to be reached. Mr S J Kirkhain Kinsella Clarke Limited 61 Stanley Road Bootle Merseyside L20 7BZ Dale., Page 2
Merseyside Police Federation Charitable Trust Stalement of Financial Activities for the Year Ended 31 March 2024 31.3.24 Uni-esti'icted fund 31.3.23 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 8,263 12,898 Other Iradiiig activities 67.784 53,711 Total 76,047 66,609 I XPENDITURK ON Raising funds 76.946 100,556 NL+T INcoM{[XPENDITuRE) (899) (33,947) RIICONCILIATION OF FUNDS Total ndS brought foi'ward 11,493 45.440 TOTAL FUNDS CARRIED FORWARD 10,594 11,493 The not&s form part of these financial statements Page 3
Merseyside Police Federation Charitablt Trust Balance Sheet 31 Marcli 2024 31.3.24 Unrestricted fund 31.3.23 Total funds Nol¢s CURRII NT ASSETS Debtoi's Cash at bank and in hand 550 13,585 11,883 11,883 14,135 CREDITORS Aniounls falling due within one year (1,289) (2,642) NET CURREI NT ASSEI TS 10,594 11,493 TOTAL ASSETS LESS CURRENT LIABILITIES 10,594 11,493 NET ASSETS 10,594 1,493 FUNDS Uni'esli'icted ndS 10,594 11,493 TOTAL FUNDS 10,594 11,493 The fin nc statenients were approved by the Board of Ti'ustees and autl)orised foi, issue and weiy signed on its behalf by: on Ti'ustee Th¢ notes fonrA part of these finaiicial statemeiils Page 4
Mer5ey5ide Police Federatlon Cliaritable Trust Notes to Ilie Financial Statemenls (or the Year En(Jed 31 March 2024 ACCOUNTING POLICIES Basis of preparlng the financial statements The financial statements of the charity, which is a public benefit entity undei. FRS 102. have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recomni¢nded Practice applicable to charities preparing 11)eir accounts in accordance willi the Fiiiancial Repoiting Standard applicable in the UK and Republic of Ii'eland (FRS 102) (effective l January 2019),, Finai)cial Reporting Siandard 102 The Finaiicial Reporting Standard applicable in the UK and Republic or Ireland, and the Charilies Aci 2011. The financial stateiiients have been prepai'ed under the historical cost convenlion. ncome All incom¢ is recognised in the Statement of Financial Activities onc¢ the cl)arity has entiilement to the funds, it is probable that the income will be received and the amount can be ineasurcd reliably. Expenditure Liabilities are recognised as expenditur¢ as soon as there is a legal or constructive obligation committing the ¢harity to that expendilure, it Is probable that a transfer of economic benefits will be required in sertlement and the ainounl of the obligation can be measured reliably. Expendilure is accounted for on an acci'uals basis and has been classified under headings tliat aggregate all cost related to the calegoiy. Whel'¢ ¢05ts cannot be dii'ectly atti'ibuted to particular headings they have been allocated lo aclivities on J basis consistent willi the iise of re¥ources. Taxation The cl)arity is exempt fi'om tax on ils chai'itable aclivilies. Fund aecounting Uni'esti'icted funds can be used in accordance wiih ihe charitable objectives at the disci'etion of the ti'ustees, Restricted funds can only be used for pariicular reslricted purposes within Ihe objects of the charity. Resti'iclions arise when specified by the donor or when funds are raised for porliculai. restricted purposes. Fuitli¢r explanation of the natiire aiid purpose of each fund is included in tlie notes to the finaiicial stateinents, Hire pui'¢hase and leasing COTnmilments Rentals paid uiidei. operaling leases are cl)arged to the Stateiiient of Financial Activities on a 5truight line basis over the period of the lease. OTHER TRADING AcfiviTIES 31.3.24 31.3.23 Fuiidrai5ing events Admissioiis Social lottei'ies 20,840 11,700 35,244 10,770 11,330 31,611 67,784 53,711 Page 5 continued..
Merseyside Police Federation Charitable Trust Notes to the Financial Statements - colltinued for tlie Year Ended 31 March 2024 RAISING FUNDS Raising donations and legacie5 31.3,24 31.3.23 Support costs 76,206 100,556 TRUSTEES, REMUNERATION AND BENEFITS Tliere were no trustees, remunerdtion or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees, expenses There were no Irustees, expenses paid for lh¢ year ended 3 l March 2024 nor for the year ended 31 Mai'ch 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Uni'esti'icted fuTid IIYCOMK AND ENDOWMENTS FROM Donations and lega¢i¢s 12,898 Other trading activities 53,711 Total 66,609 EXPENDITURE ON Raising fijnds 100,556 NET INCOMCI l(EXPCI NDITURE) (33,947) RECONCILIATION OF FUNDS Total funds brought forward 45,440 TOTAL FUNDS CARRIED FORWARD 11,493 Pagc 6 ¢ontiiiued...
Mersey5ide Police Federation Charitable Trust Note5 to the Financial Statements - conlinued for the Year Ended 31 March 2024 DEIITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 3l.3.23 Trade debtors 550 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Otlier creditors 1,289 2,642 MOVEMENT IN FUNDS Net movcnient in funds At 31.3.24 At 1.4.23 Unrestrlcted funds Gene171 fund 11,493 (899) 10.594 TOTAL FUNDS 11,493 (899) 10,594 Net movement in funds, included in Ihe above are as follows: Incoming resoui'ces Resources expend¢d Moveiment in funds Uiirestricted funds General fund 76,047 (76.946) (899) TOTAL FUNDS 76,047 (76,946) (899) Comparalives for movement in funds Net niovement in funds At 31.3.23 At 1.4.22 Unrestricted funds Gei)eral fund 45,440 (33,947) 11,493 TOTAL FUNDS 45,440 (33,947) 11,493 Page 7 continued...
Merseyside Police Federation Cliaritable Trust Note5 to the Financial Statements- continiied for the Year Elided JI Mareh 2024 MOVEMENT IN FUNDS- eonlinlled Comparative net movement in funds, includ¢d in the above are as follows: Incoming r¢sources Resources expended Movement in funds Unrestricted funds General fund 66,609 (100.556) (33,947) TOTAL FUNDS 66,609 (100.556) (33,947) A cuntnt year 12 n)onths and prior year 12 months Combined position is as follows: Net Inovenient in funds At 31.3.24 Al 1.4.22 UnresÉricted funds G¢nei'al nd 45,440 (34,846) 10,594 TOTAL FUNDS 45.440 (34,846) 10,594 A Curreni year 12 inontlis and prior y¢ar 12 months combined net movement in funds, included in the ebove are as follows.. Incoining resources Resources expended Movement in funds Unrestrleted funds General fund 142,656 (177,502) (34,846) TOTAL FUNDS 142,656 (177,502) (34,846) RELATED PARTY DISCLOSURES Thei'e were no related party transactions for Ihe year ended 31 March 2024. Page 8
Merseyside Police Federation Charitable Ti'ust Detailed Staten]ent of Financial Activilies for the Year Ended 31 March 2024 31.3.24 31.3.23 INCOME AND ENDOWMENTS Donation5 and legacies Donations 8,263 12,898 Other trading Activilies Fundiaising events Adtiiissions Social lottei'ies 20,840 11,700 35.244 10,770 11,330 31,611 67,784 53,711 Total ineoming resources 76,047 66,609 EXPENDITURE Other trading activities Bad debts 740 Support Costs ManHgem¢nt Pi'ize purchases Event costs Eiitei'tainmeiit costs Advertising 2,439 15,582 3,028 330 1,532 15,160 3,196 330 21,379 20,218 Finance Community grants Donations Sundi'ies Bank charges 22,281 32.242 20 284 20,780 59,373 20 165 54,827 80.338 Total itSOLtrces expended 76,946 100,556 Net expenditure (899) (33,947) This page does not fonn part of the statutory financial statements Page 9