OpenCharities

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

2022-03-31-accounts

Charity registration number 1130227

Company registration number 06761002 (England and Wales)

BRUNSWICK YOUTH AND COMMUNITY CENTRE

COMPANY LIMITED BY GUARANTEE

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE LEGAL AND ADMINISTRATIVE INFORMATION

Management Committee R C C Taylor
D P Clarke
C A L Hayward
S McCormick
Secretary D P Clarke
Charity number 1130227
Company number 06761002
Principal address 104 Marsh Lane
Bootle
Merseyside
L20 4JQ
Registered office 104 Marsh Lane
Bootle
Merseyside
L20 4JQ
Independent examiner Mr Tony Stanley ACA
Tempest
Suite 5.1
12 Tithebarn Street
Liverpool
L2 2DT
Bankers Cater Allen Bank
9 Nelson Street
Bradford
BD1 5AN
Lloyds Bank plc
2-12 Lord Street
Liverpool
L2 1TS

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE CONTENTS

Page
Management Committee report 1 - 4
Statement of Management Committee responsibilities 5
Independent examiner's report 6
Statement of financial activities 7 - 8
Balance sheet 9
Notes to the financial statements 10 - 19

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE MANAGEMENT COMMITTEE REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022

The Management Committee present their annual report and financial statements for the year ended 31 March 2022.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Objectives and activities

The charity's objects are to provide a programme of activities for the youth of Bootle using the Centre's premises and equipment to their maximum potential.

The aims of the Centre are to help persons under the age of 25 years through leisure time activities to develop their physical and spiritual capabilities so that they may grow to full maturity as individuals and members of society. The Centre also aims to benefit the wider community of Bootle and Sefton areas and the neighbourhood without distinction, by associating together the said residents and local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities for recreation leisure time with the objective of improving the conditions of life for those residents.

Policies adopted:-

There have been no material changes in policies following incorporation.

The Management Committee have paid due regard to guidance issued by the Charity Commission on public benefit in deciding what activities the charity should undertake.

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE

MANAGEMENT COMMITTEE REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 MARCH 2022

Achievements and performance

In this financial year, the charity has continued to respond to the challenges of the coronavirus pandemic, which has had a massive impact on the community. The charity has had to find ways to adapt the service it provides to work within the legal framework of Covid regulations to support a disadvantaged community to help them through this situation. Besides providing reactive support, the charity has also had time to improve the centre, so that when users were able to return to use the facilities, they would enjoy the new environment. This has also been a time to think proactively and develop strategically to meet the changing needs of a community impacted both physically and mentally by the pandemic.

The following four main objectives were adopted by the charity as its post-Covid strategy:

• Grow our community’s capacity to enable it to become more resilient in the future.

• Provide early Interventional programmes of work to support the mental, physical and educational needs of our children and young people to reduce the impact of Covid on their ambitions for the future.

• Support our most vulnerable citizens with a view to reducing isolation and improving their mental and physical wellbeing.

• Strengthen our organisation by delivering a sustainable model of work which is professional and has a respected approach to governance, management and staff development.

These themes will form the focus of our development and activities going forward to support and strengthen a disadvantaged community disproportionately affected by Covid.

The introduction of a range of activities and support services, e.g. employment support (Talent Match and LFC Foundation), community lunches, cookery classes, walking football, and wellbeing sessions, has represented a start in addressing these key areas.

Since April 2021, our young people have been encouraged to return to the centre and additional enrichment sessions have been provided to support their health and wellbeing. This year we provided therapeutic arts sessions, homework clubs and music lessons to help support our children’s wellbeing and help build their confidence again. We also developed a wellbeing area, identified through consultation with our Young Ambassadors project.

Over the last year we were able to secure funding from the National Lottery for a 5 year community resilience project which will help us develop stronger more resilient communities. The project has offered a range of activities including cookery courses, a monthly community lunch, a breakfast club, new volunteering opportunities, multi sports and girls football sessions. It is very encouraging that our community are so excited to be back at the centre.

None of the above could have been achieved without outside funding for which the charity is very grateful. The Development Manager has been able to secure funding and income generation to support the work of the charity, including substantial funding from the Henry Smith Charity. A number of other funders have continued to support our work including Children in Need, the P H Holt Foundation, Community Foundation for Merseyside, Cash 4 Kids and the Steve Morgan Foundation (mental wellbeing support for our community after the pandemic). We would also like to thank the following for their support with activities for our young people: Postcode Neighbourhood Fund, the Arete Foundation, Merseyside Police Youth Diversionary Fund and Living Well Sefton.

Finally, as we look forward to the next few years, it will be imperative that we can build strong partnerships with others and with this in mind we would also like to thank Liverpool Football Foundation, the Sovini Group and 23 Foundation for continuing to believe in the Brunswick Youth and Community Centre and all that we are trying to achieve. Strong partnerships will create a stronger, more resilient community.

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE

MANAGEMENT COMMITTEE REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 MARCH 2022

Financial review

The Trustees and the Committee would like to thank the following donors to general funds for their generosity during the last financial year:

Groundwork UK Barchester Health Tribus Watchmakers Limited Bauer Radio City Carpenters Group One Vision Housing NorDan UK Neighbourly UK Warrant Group Limited V R Thorn Charity Gourmet Society National Heritage Turley Associates Canal and River Trust Percy Bilton Trust Mr and Mrs J E Coleman

There was total income of £358,195 for the year, as shown in the Statement of Financial Activities. Expenditure totalled £249,056 leaving total funds carried forward of £217,998 at 31 March 2022. Total carried forward restrictive funds were £27,815 and a full analysis of Restricted Funds is shown at note 13.

The Trustees have determined that ‘free’ reserves should be maintained which could be called upon if the organisation saw a downturn in grants and donations. Ideally the board would like to have available sufficient funds to cover 6 months' normal operating expenditure which has been calculated as £132,000. Of the total unrestricted funds held at the year-end of £190,183, free reserves amounted to £187,148. Free reserves represent the freely expendable funds of the charity and are calculated as total unrestricted funds less amounts tied up in fixed assets. The trustees are satisfied that the free reserves as of 31 March 2022 are sufficient to cover the charity's reserves target.

Structure, governance and management

Brunswick Youth And Community Centre is a company limited by guarantee. The company was incorporated on 28 November 2008, and on 31 March 2009 the net assets of the charity 'Brunswick Youth Club' (an unincorporated charitable trust) were transferred to the company.

The charitable trust had originally been established in 1947 by ex-Prisoners of War of Oflag 79 Brunswick, Germany.

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE

MANAGEMENT COMMITTEE REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 MARCH 2022

The Management Committee, who are also the trustees, and the directors for the purpose of company law, and who served during the year were:

R C C Taylor (Chairman)

D P Clarke (Hon. Treasurer) C A L Hayward

S McCormick (Appointed 18 May 2021) M Conlan (Appointed 18 May 2021, Resigned 14 January 2022)

Presidents:

T J Marshall S D Lewis (Vice President) I R Short (Vice President) W B Stoddart (Vice President) J R Syvret (Vice President)

Centre Manager: Keith Lloyd

None of the Management Committee has any beneficial interest in the company. All of the Management Committee are members of the company and guarantee to contribute £1 in the event of a winding up.

Management Committee Responsibilities:

To provide and manage a centre for use as a youth centre conducted in conformity with principles and objectives of the Merseyside Youth Association Limited.

The Management Committee is responsible for the supervision of the Centre Manager, who is responsible for the daily implementation of policies.

The Management Committee has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to manage exposure to the major risks.

Small company provisions

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board of Management Committee

R C C Taylor

Trustee Dated: 18 November 2022

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE STATEMENT OF MANAGEMENT COMMITTEE RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2022

The Management Committee, who are also the directors of Brunswick Youth And Community Centre for the purpose of company law, are responsible for preparing the Management Committee Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the Management Committee to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the Management Committee are required to:

The Management Committee are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE INDEPENDENT EXAMINER'S REPORT

TO THE MANAGEMENT COMMITTEE OF BRUNSWICK YOUTH AND COMMUNITY CENTRE

I report to the Management Committee on my examination of the financial statements of Brunswick Youth And Community Centre (the charity) for the year ended 31 March 2022.

This report is made solely to the charity's trustees, as a body, in accordance with Section 145 of the Charities Act 2011. My examination has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an Independent Examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my examination, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the Management Committee of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of , which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

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 financial statements to be reached.

Mr Tony Stanley ACA

BWM Chartered Accountants Tempest Suite 5.1 12 Tithebarn Street Liverpool L2 2DT

Dated: 12 December 2022

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2022

Current financial year

Current financial year Current financial year Current financial year
Unrestricted
Restricted
funds
funds
2022
2022
Notes
£
£		 Total Total
funds funds
2022 2022 2022 2021
£ £ £ £
Income from:
Donations and legacies
3		 36,465 - 36,465 26,836
Charitable activities
4		 235,107 86,623 321,730 321,490
Total income 271,572 86,623 358,195 348,326
Expenditure on:
Charitable activities
5		 171,945 77,111 249,056 308,211
Net movement in funds 99,627 9,512 109,139 40,115
Fund balances at 1 April 2021
Fund balances at 31 March 2022
90,556 18,303 108,859 68,744
190,183 27,815 217,998 108,859

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2022

Prior financial year

Prior financial year Prior financial year Prior financial year
Unrestricted
Restricted
funds
funds
2021
2021
Notes
£
£		 Total
funds funds
2021 2021 2021
£ £ £
Income from:
Donations and legacies
3		 26,836 - 26,836
Charitable activities
4		 229,238 92,252 321,490
Total income 256,074 92,252 348,326
Expenditure on:
Charitable activities
5		 217,207 91,004 308,211
Net movement in funds 38,867 1,248 40,115
Fund balances at 1 April 2020
Fund balances at 31 March 2021
51,689 17,055 68,744
90,556 18,303 108,859

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE BALANCE SHEET

AS AT 31 MARCH 2022

Notes 2022 2021
£ £ £ £
Fixed assets
Tangible assets
9
Current assets		 244,670
(29,707)		 3,035
214,963
217,998
27,815
190,183
217,998		 151,469
(57,438)		 14,828
Cash at bank and in hand
Creditors: amounts falling due within
one year
11
Net current assets 94,031
Total assets less current liabilities
108,859
Income funds
Restricted funds
13		 18,303
Unrestricted funds 90,556
108,859

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2022.

The Management Committee acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Management Committee on 18 November 2022

R C C Taylor Trustee

Company Registration No. 06761002

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

1 Accounting policies

Company information

Brunswick Youth And Community Centre is a private company limited by guarantee incorporated in England and Wales. The registered office is 104 Marsh Lane, Bootle, Merseyside, L20 4JQ.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Assocation, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the accounts the Management Committee have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the Management Committee continue to adopt the ‘going concern’ basis of accounting in preparing the accounts.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the Management Committee in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts.

1.4 Income

Voluntary income is received by way of donations and gifts and is included in the full statement of financial activities when receivable. The value of services provided by volunteers has not been included.

Grants are recognised in full in the statements of financial activities in the year in which they are receivable.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2022

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure reflects all amounts paid and accrued during the year. All costs are allocated between expenditure categories of the statement of financial activities (SOFA) on a basis designed to reflect the use of the resource.

Charitable expenditure Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries.

Governance costs

These represent costs associated with meeting the constitutional and statutory requirements of the charity and include the independent examination fees and costs linked to strategic management of the charity.

1.6 Tangible fixed assets

Tangible fixed assets are measured at cost, net of depreciation and any impairment losses.

All fixed assets costing more than £500 are capitalised at cost.

Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings 10% straight line basis
Fixtures, fittings & equipment 50% straight line basis
Motor vehicles 25% straight line basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

(Continued)

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Taxation

The charity benefits from various exemptions from taxation afforded by tax legislation and is not liable to corporation tax on income and gains falling within these exemptions.

The charity is not able to recover Value Added Tax. Expenditure is recorded in the accounts inclusive of VAT.

1.12 Pensions

The charity operates a defined contributions pension scheme. Contributions are charged in the accounts in the year in which they are paid.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the Management Committee are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2022

3 Donations and legacies

Unrestricted
Unrestricted
funds
funds
2022
2021
£
£		 Unrestricted
Unrestricted
funds
funds
2022
2021
£
£		 Unrestricted
Unrestricted
funds
funds
2022
2021
£
£
funds funds
2022 2021
£ £
Donations and gifts 36,465 12,450
HMRC CJRS Grant - 14,386
36,465 26,836

4 Charitable activities

Youth &
Community
Centre
Henry Smith
Trust Fund
and National
Lottery
Community
Fund
2022
2022
£
£
Income within
charitable activities
17,000
-
Performance related
grants
21,350
86,623		 Youth &
Community
Centre
Henry Smith
Trust Fund
and National
Lottery
Community
Fund
2022
2022
£
£
Income within
charitable activities
17,000
-
Performance related
grants
21,350
86,623		 Youth &
Community
Centre
Henry Smith
Trust Fund
and National
Lottery
Community
Fund
2022
2022
£
£
Income within
charitable activities
17,000
-
Performance related
grants
21,350
86,623		 Total
Youth &
Community
Centre
Henry Smith
Trust Fund
and National
Lottery
Community
Fund		 Total
Youth &
Community
Centre
Henry Smith
Trust Fund
and National
Lottery
Community
Fund		 Total
Youth &
Community
Centre
Henry Smith
Trust Fund
and National
Lottery
Community
Fund		 Total
2022 2022 2022 2021 2021 2021
£ £ £ £ £ £
17,000 - 17,000 13,884 - 13,884
21,350 86,623 107,973 38,100 92,252 130,352
Other income 196,757 - 196,757 177,254 - 177,254
235,107 86,623 321,730 229,238 92,252 321,490
Analysis by fund
Unrestricted funds 235,107 - 235,107 229,238 - 229,238
Restricted funds - 86,623 86,623 - 92,252 92,252
235,107 86,623 321,730 229,238 92,252 321,490
Performance related grants
Sefton MBC 21,350 - 21,350 38,100 - 38,100
Henry Smith Trust Fund - 81,143 81,143 - 50,752 50,752
Liverpool FC Foundation - 5,480 5,480 - 41,500 41,500
21,350 86,623 107,973 38,100 92,252 130,352

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2022

5 Charitable activities

Youth &
Community
Centre
Henry Smith
Trust Fund
and National
Lottery
Community
Fund
£
£		 Youth &
Community
Centre
Henry Smith
Trust Fund
and National
Lottery
Community
Fund
£
£		 Youth &
Community
Centre
Henry Smith
Trust Fund
and National
Lottery
Community
Fund
£
£		 Total
2022		 Total
2021
£ £ £ £
Staff costs 78,490 69,907 148,397 146,245
Depreciation and impairment 11,793 - 11,793 16,555
Repairs and maintenance 40,434 - 40,434 96,589
Printing and stationery 5,180 - 5,180 5,464
Motor and travel 2,609 - 2,609 2,450
Light and heat 597 - 597 12,735
Water charges 1,403 - 1,403 1,981
Insurance 3,242 - 3,242 3,681
Cleaning and laundry 6,361 - 6,361 4,499
Sundry expenses 10,186 1,724 11,910 9,478
Sports and recreation 14,476 - 14,476 6,570
174,771 71,631 246,402 306,247
Share of support costs (see note 6) 239 - 239 116
Share of governance costs (see note 6) 2,415 - 2,415 1,848
Analysis by fund
177,425 71,631 249,056 308,211
171,945
77,111
249,056
Unrestricted funds 171,945 -
Restricted funds 5,480 71,631
177,425 71,631

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2022

5
Charitable activities
(Continued)		 5
Charitable activities
(Continued)		 5
Charitable activities
(Continued)		 5
Charitable activities
(Continued)
For the year ended 31 March 2021
Youth &
Community
Centre
Henry Smith
Trust Fund
and National
Lottery
Community
Fund
£
£
Staff costs
97,104
49,141
Depreciation and impairment
16,555
-
Repairs and maintenance
96,589
-
Printing and stationery
5,464
-
Motor and travel
2,450
-
Light and heat
12,735
-
Water charges
1,981
-
Insurance
3,681
-
Cleaning and laundry
4,499
-
Sundry expenses
9,478
-
Sports and recreation
6,570
-
257,106
49,141
Share of support costs (see note 6)
116
-
Share of governance costs (see note 6)
1,848
-
259,070
49,141
Analysis by fund
Unrestricted funds
217,207
-
Restricted funds
41,863
49,141
259,070
49,141
Total
2021
£ £ £
97,104 49,141 146,245
16,555 - 16,555
96,589 - 96,589
5,464 - 5,464
2,450 - 2,450
12,735 - 12,735
1,981 - 1,981
3,681 - 3,681
4,499 - 4,499
9,478 - 9,478
6,570 - 6,570
257,106 49,141 306,247
116 - 116
1,848 - 1,848
259,070 49,141 308,211
217,207 - 217,207
41,863 49,141 91,004
259,070 49,141 308,211

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2022

6 Support costs

Support costs
Support
costs
Governance
costs		 2022 Support
costs
Governance
costs		 2021
£ £ £ £ £ £
Bank charges 239 - 239 116 - 116
Independent
examinationt fees
- 1,056 1,056 - 924 924
Payroll - 1,359 1,359 - 924 924
239 2,415 2,654 116 1,848 1,964
Analysed between
Charitable activities 239 2,415 2,654 116 1,848 1,964

Governance costs includes fees paid to the Independent Examiner's of £1,056 (2021 : £924).

7 Management Committee

None of the Management Committee (or any persons connected with them) received any remuneration during the year or was reimbursed expenses during the year (2021: £nil).

8 Employees

The average monthly number of employees during the year was: 11

2022 2021
Number Number
Youth leaders and assistants 11 13
Employment costs 2022 2021
£ £
Wages and salaries 137,272 135,471
Social security costs 5,216 4,719
Other pension costs 5,909 6,055
148,397 146,245

There were no employees whose annual remuneration was £60,000 or more.

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2022

9
Tangible fixed assets
Cost
At 1 April 2021
At 31 March 2022
Depreciation and impairment
At 1 April 2021
Depreciation charged in the year
At 31 March 2022
Carrying amount
At 31 March 2022
At 31 March 2021		 Land and
buildings
Fixtures,
fittings &
equipment
Motor vehicles		 Total
£ £ £ £
48,255 40,223 12,140 100,618
48,255 40,223 12,140 100,618
48,255 31,465 6,070 85,790
- 8,758 3,035 11,793
48,255 40,223 9,105 97,583
- - 3,035 3,035
- 8,758 6,070 14,828
10
Financial instruments		 2022 2021
Carrying amount of financial assets
Debt instruments measured at cost
Carrying amount of financial liabilities
Measured at amortised cost		 £ £
244,670 151,469
5,637 19,687
11
Creditors: amounts falling due within one year
Deferred income
Accruals		 Notes
12		 2022 2021
£ £
24,070 37,751
5,637 19,687
29,707 57,438
12
Deferred income
Other deferred income
2022 2021
£ £
24,070 37,751

Deferred income is included in the financial statements as follows:

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2022

Deferred income (Continued) (Continued)
2022 2021
£ £
Deferred income is included within:
Current liabilities 24,070 37,751
Movements in the year:
Deferred income at 1 April 2021 37,751 41,357
Released from previous periods (37,751) (41,357)
Resources deferred in the year 24,070 37,751
Deferred income at 31 March 2022
24,070 37,751

12 Deferred income

13 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Movement in funds
Movement in funds
Balance at
1 April 2020
Income
Expenditure
Balance at
1 April 2021
Income
Expenditure
Balance at
31 March 2022
£
£
£
£
£
£
£
Henry Smith
Trust Fund
17,055
50,752
(49,504)
18,303
50,752
(71,631)
18,303
Liverpool FC
Foundation
-
41,500
(41,500)
-
41,500
(41,500)
-
17,055
92,252
(91,004)
18,303
92,252
(113,131)
18,303		 Movement in funds
Movement in funds
Balance at
1 April 2020
Income
Expenditure
Balance at
1 April 2021
Income
Expenditure
Balance at
31 March 2022
£
£
£
£
£
£
£
Henry Smith
Trust Fund
17,055
50,752
(49,504)
18,303
50,752
(71,631)
18,303
Liverpool FC
Foundation
-
41,500
(41,500)
-
41,500
(41,500)
-
17,055
92,252
(91,004)
18,303
92,252
(113,131)
18,303		 Movement in funds
Movement in funds
Balance at
1 April 2020
Income
Expenditure
Balance at
1 April 2021
Income
Expenditure
Balance at
31 March 2022
£
£
£
£
£
£
£
Henry Smith
Trust Fund
17,055
50,752
(49,504)
18,303
50,752
(71,631)
18,303
Liverpool FC
Foundation
-
41,500
(41,500)
-
41,500
(41,500)
-
17,055
92,252
(91,004)
18,303
92,252
(113,131)
18,303		 Movement in funds
Movement in funds
Balance at
1 April 2020
Income
Expenditure
Balance at
1 April 2021
Income
Expenditure
Balance at
31 March 2022
£
£
£
£
£
£
£
Henry Smith
Trust Fund
17,055
50,752
(49,504)
18,303
50,752
(71,631)
18,303
Liverpool FC
Foundation
-
41,500
(41,500)
-
41,500
(41,500)
-
17,055
92,252
(91,004)
18,303
92,252
(113,131)
18,303		 Movement in funds
Movement in funds
Balance at
1 April 2020
Income
Expenditure
Balance at
1 April 2021
Income
Expenditure
Balance at
31 March 2022
£
£
£
£
£
£
£
Henry Smith
Trust Fund
17,055
50,752
(49,504)
18,303
50,752
(71,631)
18,303
Liverpool FC
Foundation
-
41,500
(41,500)
-
41,500
(41,500)
-
17,055
92,252
(91,004)
18,303
92,252
(113,131)
18,303		 Movement in funds
Movement in funds
Balance at
1 April 2020
Income
Expenditure
Balance at
1 April 2021
Income
Expenditure
Balance at
31 March 2022
£
£
£
£
£
£
£
Henry Smith
Trust Fund
17,055
50,752
(49,504)
18,303
50,752
(71,631)
18,303
Liverpool FC
Foundation
-
41,500
(41,500)
-
41,500
(41,500)
-
17,055
92,252
(91,004)
18,303
92,252
(113,131)
18,303		 Movement in funds
Movement in funds
Balance at
1 April 2020
Income
Expenditure
Balance at
1 April 2021
Income
Expenditure
Balance at
31 March 2022
£
£
£
£
£
£
£
Henry Smith
Trust Fund
17,055
50,752
(49,504)
18,303
50,752
(71,631)
18,303
Liverpool FC
Foundation
-
41,500
(41,500)
-
41,500
(41,500)
-
17,055
92,252
(91,004)
18,303
92,252
(113,131)
18,303		 Movement in funds
Movement in funds
Balance at
1 April 2020
Income
Expenditure
Balance at
1 April 2021
Income
Expenditure
Balance at
31 March 2022
£
£
£
£
£
£
£
Henry Smith
Trust Fund
17,055
50,752
(49,504)
18,303
50,752
(71,631)
18,303
Liverpool FC
Foundation
-
41,500
(41,500)
-
41,500
(41,500)
-
17,055
92,252
(91,004)
18,303
92,252
(113,131)
18,303
Income
Expenditure
Balance at
1 April 2021		 Income
Expenditure
Balance at
31 March 2022
£ £ £ £ £ £ £
50,752
41,500
92,252		 50,752
(71,631)
41,500
(41,500)
92,252
(113,131)
17,055 (49,504) 18,303 (71,631) 18,303
Liverpool FC
Foundation
- (41,500) - (41,500) -
17,055 (91,004) 18,303 18,303

Henry Smith Trust Fund and National Lottery Community Fund

The aim of this project is to offer sustainable funding to encourage a youth service universal offer that supports young people opportunities in developing their health and wellbeing.

Liverpool FC Foundation

This has been spent on a replacement kitchen in the building.

BRUNSWICK YOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2022

14
Analysis of net assets between funds		 14
Analysis of net assets between funds		 14
Analysis of net assets between funds
Unrestricted
funds
Restricted
funds
2022
2022
£
£
Fund balances at 31
March 2022 are
represented by:
Tangible assets
3,035
-
Current assets/(liabilities)
187,148
27,815
190,183
27,815		 Total
Unrestricted
funds
Restricted
funds		 Total
2022 2022 2022 2021 2021 2021
£ £ £ £ £ £
3,035 - 3,035 14,828 - 14,828
187,148 27,815 214,963 75,728 18,303 94,031
190,183 27,815 217,998 90,556 18,303 108,859

15 Related party transactions

There are no related party transactions which required disclosure during the year (2021 - none).

16 Company Limited by Guarantee

The charitable company is limited by guarantee and has no share capital. In the event of the charitable company being wound up, the liability of the members in respect of their guarantee is limited to £1.