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|Trustees'
Annual
Report|||
|Independent
I xaminer's|Report||
|Statement of Financial|Activities||
|Balance Sheet|||
|Notes to the Financial Statements|||
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|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|DETAILS||||
|---|---|---|---|---|---|---|---|
|Name||Porchfield|Community||Association|||
|Charity Number||1128331||||||
|Address|&Office|Porchfield|Close|||||
|||Liverpool||||||
|||L119DT||||||
|Trustees||During the|year member's|||ofthe Board of|Trustees were as follows:|
|||A M Earwaker||||||
|||E Finnigan||||(Resigned|August 2021)|
|||J Huxley||||||
|||M E Kirkwood||||||
|||A Lavelle||||||
|||C O' Shea||||||
|||P O' Shea||||||
|Independent||Paula Sanchez ACCA||||||
|Examiner||c/o LCVS||||||
|||151 Dale Street,||||||
|||Liverpool,||||||
|||L2 2AH||||||
|Bankers||Lloyds TSB,||||||
|||26 Broadway,||||||
|||Norris Green,||||||
|||Liverpool||||||
|||L11 1DA||||||
|Signed on|behalf ofthe Trustees|||||||
|I'I DS ~&||||||||
|C O' Shea|||||Date|||
|Trustee||||||||
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|||Notes|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
||||2022|2022|2022|2021|
|Income and endowments|||||||
|from:|||||||
|Charitable
activities||2a|14,902|29,070|43,972|106,347|
|Investments||2b|52||52|23|
|Other income||2C|2,844||2,844||
|Total income|||17,798|29,070|46,868|106,370|
|Expenditure|||||||
|Charitable
Activities|||20,397|62,439|82,836|69,098|
|Total expenditure|||20,397|62,439|82,836|69,098|
|Net Income, net movement
in funds|||(2,599)|(33,369)|(35,968)|37,272|
|Total funds brought|forward|8, 9|45,440|54,119|99,559|62,287|
|Total funds carried|forward|7-9|42,841|20,750|63,591|99,559|
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||||Notes|31"March|2022|31"March|2021|
|---|---|---|---|---|---|---|---|
|Fixed assets||||5|E||E|
|Tangible
fixed assets|||||7,650||7,191|
|Current assets||||||||
|Debtors|||5|25,910||23,909||
|Cash at bank and|in hand|||30,791||69,909||
|||||56,701||93,818||
|Current
liabilities||||||||
|Creditors: amounts
falling
due within one year||||(760)||(1,450)||
|Net current assets|||||55,941||92,368|
|Total assets less|current||liabilities||63&591||99,559|
|Funds:||||||||
|Unrestricted
funds|||7, 8||42,841||45,440|
|Restricted
funds|||7-9||20,750||54,119|
||||||63,591||99,559|
|Approved
by Trustees||on|4 i 12
..............,.............|||||
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|. I|ncome and endowments|||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|Funds|Funds|
|||||2022|2022|2022|2021|
|a.|Charitable
activities|||F||F||
||Activities
Income|||11,993||11,993|2,980|
||Community
Foundation-
Henry Smith Foundation|LCR Cares|||||4,997
32,800|
||Henry Smith Charity-
Community
Match Fund||||12,500|12,500|37,500|
||Independent
Age
LCVS Community
Impact|Fund|||2,000|2,000|10,143
1,500|
||LCVS- Skelton Charity||||||1,500|
||Liverpool
City Council
Masonic Charitable
Trust||||570
4,000|570
4,000|4,000|
||National
Lottery Awards for||All||10,000|10,000||
||National
Lottery Community||Fund||||4,827|
||Onward
Housing
Reimbursement|||2,844||2,844||
||Room Hire|||2,909||2,909|2,100|
||Steve Morgan
Foundation||||||2,500|
||West Derby Wastelands||||||1,500|
|||||17,746|29,070|46,816|106,347|
|b.|Investments||||||E|
||Bank Interest|||51||51|23|
|c.|Investments|||||||
||Other income|||2,844||2,844||
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|a. analysed as follows:|a. analysed as follows:||||||
|---|---|---|---|---|---|---|
|Direct charitable|expenditure:||||2022f|2021
f|
|Staff salary costs|||||16,526|15,200|
|Tuition fees|||||13,950|4,165|
|Activity costs|||||16,636|19,508|
|Equipment|||||624|1,093|
|Building
running|costs||||5,810|5,330|
|Catering|||||1,543|616|
|Volunteer expenses|||||5,615|2,258|
|Donation|||||15||
||||||60,719|48,170|
|Support
&governance|||costs:||||
|Staff salary costs|||||12,467|12,949|
|Office costs|||||3,895|3,617|
|Travel expenses|||||1,032|528|
|Repairs
& Maintenance||||||1,416|
|DBSfees|||||94||
|Insurance|||||923|615|
|Payroll fees|||||366|324|
|Accountancy|||||760|650|
|Loss on Disposal|of Fixed Assets||||565||
|Depreciation|||||2,015|829|
||||||22,117|20,928|
|Total expenditure
activities||on|charitable||82,836|69,098|
|f29,070 (2021:f67,414)ofthe above||||expenditure|is restricted|expenditu|
|b. Staff Costs|||||2022|2021f|
|Gross wages and|salaries|||28,993||28,149|
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|4.|Tangible fixed assets||||||
|---|---|---|---|---|---|---|
||||Computer|Fixtures|Other|Total|
||Cost||Equipmentf|8 Fittingsf|Equipment||
||Balance at 1"April 2021||1,787|9,131|4,231|15,149|
||Additions
in the year||2,290|360|389|3,039|
||Disposals
in the year||(1,787)|(1,540)|(262)|(3,589)|
||Balance at31"March|2022|2,290|7,951|4,358|14,599|
||Depreciation
Balance at 1"April 2021||1,395|2,767|3,796|7,958|
||Charge for the year||313|1,567|135|2,015|
||Disposal for the year||(1,395)|(1,385)|(244)|(3,024)|
||Balance at31"March|2022|313|2,949|3,687|6,949|
||Net book value at 31"
March 2022||1,977|5,002|671|7,650|
||Net book value at31"March
2021||392|6,364|435|7,191|
|5.|Debtors||||||
|||||2022f|2021f||
||Prepayments|||308|308||
||Other Debtors (See note 8)|||25,602|23,601||
|||||25,910|23,909||
|6.|Creditors: amounts|falling|due within one year||||
|||||2022|2021f||
||Accruals|||760|1,450||
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|7.|Analysis of net assets between funds|Analysis of net assets between funds|Analysis of net assets between funds|Analysis of net assets between funds|||||
|---|---|---|---|---|---|---|---|---|
|||2022|||Tangible Fixed||Net Current|Total|
|||||||Assets|Assets||
||Unrestricted
Funds|||||||6|
||General
Fund|||||1,510|15,729|17,239|
||Designated|Fund —Sinking||Fund|||25,602|25,602|
|||||||1,510|41,331|42,841|
||Restricted|Funds|||||||
||Henry
Smith|Foundation||||2,659||2,659|
||Independent|Age||||3,481||3,481|
||LCVS Community
Impact||Fund||||2,001|2,001|
||Masonic Charitable
Trust||||||3,984|3,984|
||National
Lottery Awards for|||All|||7,125|7,125|
||West Derby|Waste Lands|||||1,500|1,500|
|||||||6,140|14,610|20,750|
||Totals|||||7,650|55,941|63,591|
|||2021|||Tangible|Fixed|Net Current|Total|
|||||||Assets|Assets||
||Unrestricted|Funds||||||F|
||General
Fund|||||2,550|19,289|21,839|
||Designated|Fund —Sinking||Fund|||23,601|23,601|
|||||||2,550|42,890|45,440|
||Restricted|Funds|||||||
||Henry Smith|Foundation|||||24,131|24,131|
||Henry Smith
Match Fund|Charity-
Community|||||12,000|12,000|
||Independent|Age||||4,641||4,641|
||LCVS Community
Impact||Fund||||1,500|1,500|
||LCVS- Skelton Charity||||||1,500|1,500|
||Masonic Charitable
Trust||||||4,000|4,000|
||P H Holt Foundation||||||2,604|2,604|
||Tampon Tax Community||Fund||||2,243|2,243|
||West Derby|Waste Lands|||||1,500|1,500|
|||||||4,641|49,478|54,119|
||Totals|||||7,191|92,368|99,559|
##
|Unrestri|cted
Funds||||||
|---|---|---|---|---|---|---|
||||Movements
in the||Year||
||2022|Resources|Income|Expenditure|Transfer|Resources|
|||at|||of Funds||
|||Beginning||||at End|
|||ofyear||||ofYear
f|
|General|Fund|21,839|17,746|(20,396)|(1,950)|17,239|
|Designated
Fund—
Sinking
Fund||23,601|51||1,950|25,602|
|||45,440|17,797|(20,396)||42,841|
||||Movements
in the||Year||
||2021|Resources|Income|Expenditure|Transfer|Resources|
|||at|||of Funds||
|||Beginning||||at End|
|||ofyear
f|f|f||ofYear
f|
|General|Fund|18,553|5,080|(1,684)|(110)|21,839|
|Designated
Fund—
Sinking
Fund||23,468|23||110|23,601|
|||42,021|5,103|(1,684)||45,440|
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|Restricted
Funds|||||||
|---|---|---|---|---|---|---|
|||||Movements|in the Year||
|2022|||Resources|Income|Expenditure|Resources|
||||at Beginning|||at End|
||||ofyear|f|6|ofYear|
|Henry Smith Foundation|||24,131||(21,472)|2,659|
|Henry Smith Charity-
Community
Match Fund|||12,000|12,500|(24,500)||
|Independent
Age|||4,641||(1,160)|3,481|
|LCVS Community
Impact||Fund|1,500|2,000|(1,499)|2,001|
|LCVS- Skelton Charity|||1,500||(1,500)||
|Masonic Charitable
Trust|||4,000|4,000|(4,016)|3,984|
|National
Lottery Awards|for All|||10,000|(2,875)|7,125|
|P H Holt Foundation|||2,604||(2,604)||
|Tampon Tax Community||Fund|2,243||(2,243)||
|West Derby Waste Lands
Charity|||1,500|||1,500|
||||54,119|28,500|(61,869)|20,750|
|||||Movements|in the Year||
|2021|||Resources|Income|Expenditure|Resources|
||||at Beginning|||at End|
||||ofyear|||ofYear|
||||F||||
|Community
Foundation-LCR
Cares||||4,997|(4,997)||
|Henry Smith Foundation|||7,320|32,800|(15,989)|24,131|
|Henry Smith Charity-
Community
Match Fund||||37,500|(25,500)|12,000|
|Independent
Age||||10,143|(5,502)|4,641|
|LCVS Community
Impact||Fund|1,720|1,500|(1,720)|1,500|
|LCVS- Skelton Charity||||1,500||1,500|
|Masonic Charitable
Trust||||4,000||4,000|
|National
Lottery Community
Fund||||4,827|(4,827)||
|P H Holt Foundation|||5,570||(2,966)|2,604|
|Steve Morgan
Foundation||||2,500|(2,500)||
|Tampon Tax Community||Fund|5,656||(3,413)|2,243|
|West Derby Waste Lands
Charity||||1,500||1,500|
||||20,266|101,267|(67,414)|54,119|
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|DETAILED STATEME|NT OF FINANCIAL ACTIVIT|IES FOR THE YEAR ENDED 31|' IIIIARCH 2022|
|---|---|---|---|
|||2022|2021|
|INCOME|||E|
|Grant income||29,070|101,267|
|Activities
income||11,993|2,980|
|Room hire||2,909|2,100|
|Other income reimbursement||2,844||
|Bank interest||51|23|
|Total income||46,867|106,370|
|EXPENDITURE||||
|Charitable
activities||||
|Staff salary costs||28,993|28,149|
|Tuition fees||13,950|4,165|
|Activity costs||16,636|19,508|
|Travel expenses||1,032|528|
|Printing,
postage and stationery||2,774|2,139|
|Telephone
and internet||1,121|1,478|
|Equipment||624|1,093|
|Catering||1,543|616|
|Donation||15||
|Volunteer expenses||5,615|2,258|
|Repairs &maintenance|||1,416|
|Cleaning||4,482|4,185|
|Running
Costs||1,328|1,145|
|Insurance||923|615|
|DBSfees||94||
|Payroll fees||366|324|
|Accountancy
fees||760|650|
|Loss on disposal of|fixed assets|565||
|Depreciation||2,015|829|
|Total expenditure||82,836|69,098|
|Net income/(Loss)|in the year|(35,969)|37,272|