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2023-03-31-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 2023

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

Management Committee R Taylor
C Hayward
S McCormick
J Mitchell (Appointed 12 June 2023)
A Kirby (Appointed 12 June 2023)
P Doyle (Appointed 12 June 2023)
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 2023

The Management Committee present their annual report and financial statements for the year ended 31 March 2023.

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 2023

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 2023

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:

LFC Charity Foundation 23 Foundation Hedley Foundation The Reserve Forces Trust Angling Trust Arnold Clark Groundwork UK Carpenters Group One Vision Housing Nordan UK The Neighbourly Foundation Sefton CVS Clarke Charitable Trust L Bibby Fund D Behrend Warburtons Community Foundation Bernard Sunley Foundation Edward Bibby AW Shone Onward Homes Ltd Bauer Radio City

There was total income of £288,134 for the year, as shown in the Statement of Financial Activities. Expenditure totalled £282,498 leaving total funds carried forward of £223,634 at 31 March 2023. Total carried forward restricted funds were £49,074 and a full analysis of Restricted Funds is shown at note 14.

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 £141,500. Of the total unrestricted funds held at the year-end of £174,560, free reserves amounted to £127,678. 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 2023 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.

BRUNSWICKYOUTH AND COMMUNITY CENTRE COMPANY LIMITED BY GUARANTEE MANAGEMENT COMMrrTEE REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 PJARCH 2023 The Management Ccanmrttee. 7hKI we also t￿ Intstees. aml the dir¢(kn for Iho of wmpany law, and who S￿Ved duriThJ the year werg.. CA L Hayward (Chaimwi) D P Clarke (Hon. Trea￿jIel) {R¢stynod 6 Decemb¢r 2022> R C C Taylor (Hon. Tr•asur•r) S Mecomiick Presidents: T J Marshall A W Shono (Past Presidenll l R Short (￿￿￿ Prèsidtnti J R sywr￿ (Vrce Pres¥Jent) Centr8 Manager. Keith Lloyd Non• oftha Management C¢xnmiltee has any ben￿181 interest ￿ the eompany. AU ofthe Managament Committee ore members ofthe ¢%mp8ny aThJ guaranttt to cmtritsrt8 £1 in th? ewit of a Vrinding up. Management Commit1•8 Resp¢￿91￿￿￿0$. To provKt8 arnl mwe a contre for use as a ywth centre (3)ndtKI in cx)nfonnty with and objethves of tho Mwseyside YouthAs%K¥lbJn Limited. Thè MaTrag￿nent Ctynmrttg9 is responsible th• supwkn75¥)n of thtr Cntro Manager. who 1$ r•sF<thslblÈ for th• daty impl8m8ntation of pdiaes. The M8nag8ment C(rfnmittee has assessed the maTrx nsks to ¥thith the chaiity Os oxposod. are satisfied that systems are in place to managè exp05we to tha mw risks. 8m•ll ¢omwny pro¥tslon• Thi5 report has baen prepared in accrOan( wilh the spoual Pr¢W￿l￿ Telatry to small Companies wrfhin Part 15 of th8 Cofflpanie5 Ad 2QX. On beh1 oltho board of Marwenl CLNnmiitee R Tayltyr Twste8 Doled.. i.?.

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

FOR THE YEAR ENDED 31 MARCH 2023

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 2023.

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 ICAEW, 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: 1 February 2024

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

FOR THE YEAR ENDED 31 MARCH 2023

Current financial year

Current financial year
Unrestricted
Restricted
funds
funds
2023
2023
Notes
£
£
Income from:
Donations and legacies
3
85,640
-
Charitable activities
4
89,870
112,624
Total income
175,510
112,624
Expenditure on:
Charitable activities
5
191,133
91,365
Net movement in funds
(15,623)
21,259
Fund balances at 1 April 2022
190,183
27,815
Fund balances at 31 March 2023
174,560
49,074		 Total
2023
£
85,640
202,494
288,134
282,498
5,636
217,998
223,634		 Total
2022
£
36,465
321,730
358,195
249,056
109,139
108,859
217,998

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 2023

Prior financial year

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

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 ASAf31 MARCH 2023 2023 Flx•d a•wts Tangiblg assets 46.882 3.035 ¢urr•nt a86•ts Dobtofs Cash at bank and in hand 11 15.502 240.361 244.870 255,863 244,670 Cr•dltorn: amounts falllno du• TAAthln on• y••r 12 (79,111) 129,7071 Not cwrenl assets 17e.752 214,￿3 Tol•l 1•88 owr•nt 223,634 217.998 In¢om• fund• Reslricted fijnds Unrestricted lund5 14 49,074 174, 27,815 190,183 223,834 217.998 The amnpany is gntrflod to the exempti￿ from Ihè a#lil cothned in sedim 477 afth• Compani•s Act 2(￿6, for the year ended 31 Mareh 2023. The Management Commiiteo $&n￿ledge their resp)nsibArt￿s for •nsur#wJ that the chaiity keeps ￿¢(mJnI￿n9 rets)rds which compty with sectTh 386 of the Act for weparng fin•ncaal st•toments whth give a tnje and faif view of the stats ol 8ffairs ol the company as at the 8nd ol tho firwKial and of its wKy)mirwJ rg$ouF¢¢$ ond aFg1ication of resources i￿luding its irKfjme and exFendilure, fty thè finartial year in aCCordar￿￿ with the requifements of sect¥)ns WJ4 and 396 and which othew5e comply wlh the requrrements of the Companies A¢t 2rA6 rolatlng to fmnoal statements. so fw as aPFI￿ to the compwby. The members havè not r•quw8d the coryany to ctlw an autht of ils fThrK4al Statem￿ fty Iho yoar in gues￿n in a¢c*)rdance with sedKm 476. Th￿0 fir￿n¢la1 statements have bèen prepared arKI dthW￿ in ￿%1¥dar￿ wilh the pro￿1(¥18 apptscatile to compaNe$ stst4'eLX to the smaN c£Knpanie5 reyime. R Taylor Comyny R•gl•tr4tl•n N•. l)1781002

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

FOR THE YEAR ENDED 31 MARCH 2023

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 2023

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 2023

1 Accounting policies

(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 2023

3 Donations and legacies

Donations and gifts
Charitable activities
Youth &
Community
Centre
Henry Smith
Trust Fund
and National
Lottery
Community
Fund
2023
2023
£
£
Income within
charitable activities
47,474
-
Performance related
grants
25,000
112,624
Other income
17,396
-
89,870
112,624
Analysis by fund
Unrestricted funds
89,870
-
Restricted funds
-
112,624
89,870
112,624
Performance related grants
Sefton MBC
25,000
-
Henry Smith Trust Fund &
National Lottery
-
112,624
Liverpool FC Foundation
-
-
25,000
112,624		 Unrestricted
Unrestricted
funds
funds
2023
2022
£
£
85,640
36,465
Total
Youth &
Community
Centre
Henry Smith
Trust Fund
and National
Lottery
Community
Fund
Total
2023
2022
2022
2022
£
£
£
£
47,474
17,000
-
17,000
137,624
21,350
86,623
107,973
17,396
196,757
-
196,757
202,494
235,107
86,623
321,730
89,870
235,107
-
235,107
112,624
-
86,623
86,623
202,494
235,107
86,623
321,730
25,000
21,350
-
21,350
112,624
-
81,143
81,143
-
-
5,480
5,480
137,624
21,350
86,623
107,973		 Unrestricted
Unrestricted
funds
funds
2023
2022
£
£
85,640
36,465
Total
Youth &
Community
Centre
Henry Smith
Trust Fund
and National
Lottery
Community
Fund
Total
2023
2022
2022
2022
£
£
£
£
47,474
17,000
-
17,000
137,624
21,350
86,623
107,973
17,396
196,757
-
196,757
202,494
235,107
86,623
321,730
89,870
235,107
-
235,107
112,624
-
86,623
86,623
202,494
235,107
86,623
321,730
25,000
21,350
-
21,350
112,624
-
81,143
81,143
-
-
5,480
5,480
137,624
21,350
86,623
107,973
Total
2022
£
17,000
107,973
196,757
321,730
235,107
86,623
321,730
21,350
81,143
5,480
107,973

4 Charitable activities

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

FOR THE YEAR ENDED 31 MARCH 2023

5 Charitable activities

Youth &
Community
Centre
Henry Smith
Trust Fund
and National
Lottery
Community
Fund
£
£
Staff costs
80,684
91,365
Depreciation and impairment
3,035
-
Repairs and maintenance
25,413
-
Printing and stationery
2,849
-
Telephone and postage
5,771
-
Motor and travel
3,970
-
Light and heat
19,201
-
Water charges
4,001
-
Insurance
2,345
-
Cleaning and laundry
5,802
-
Sundry expenses
4,001
-
Sports and recreation
4,499
-
Project expenses
21,580
-
Volunteer expenses
3,554
-
Garden expenses
1,600
-
188,305
91,365
Share of support costs (see note 6)
282
-
Share of governance costs (see note 6)
2,546
-
191,133
91,365
Analysis by fund
Unrestricted funds
191,133
-
Restricted funds
-
91,365
191,133
91,365		 Total
2023
£
172,049
3,035
25,413
2,849
5,771
3,970
19,201
4,001
2,345
5,802
4,001
4,499
21,580
3,554
1,600
279,670
282
2,546
282,498
191,133
91,365
282,498		 Total
2022
£
148,397
11,793
40,434
5,180
-
2,609
597
1,403
3,242
6,361
11,910
14,476
-
-
-
246,402
239
2,415
249,056

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

FOR THE YEAR ENDED 31 MARCH 2023

5 Charitable activities

(Continued)

For the year ended 31 March 2022

Youth &
Community
Centre
Henry Smith
Trust Fund
and National
Lottery
Community
Fund
£
£
Staff costs
78,490
69,907
Depreciation and impairment
11,793
-
Repairs and maintenance
40,434
-
Printing and stationery
5,180
-
Motor and travel
2,609
-
Light and heat
597
-
Water charges
1,403
-
Insurance
3,242
-
Cleaning and laundry
6,361
-
Sundry expenses
10,186
1,724
Sports and recreation
14,476
-
174,771
71,631
Share of support costs (see note 6)
239
-
Share of governance costs (see note 6)
2,415
-
177,425
71,631
Analysis by fund
Unrestricted funds
171,945
-
Restricted funds
5,480
71,631
177,425
71,631		 Total
2022
£
148,397
11,793
40,434
5,180
2,609
597
1,403
3,242
6,361
11,910
14,476
246,402
239
2,415
249,056
171,945
77,111
249,056

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

FOR THE YEAR ENDED 31 MARCH 2023

6 Support costs

Bank charges
Independent
examinationt fees
Payroll
Analysed between
Charitable activities		 Support
costs
Governance
costs
£
£
282
-
-
2,060
-
486
282
2,546
282
2,546		 2023
£
282
2,060
486
2,828
2,828		 Support
costs
Governance
costs
£
£
239
-
-
1,056
-
1,359
239
2,415
239
2,415		 2022
£
239
1,056
1,359
2,654
2,654

Governance costs includes fees paid to the Independent Examiner's of £2,060 (2022: £1,560).

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 (2022: £Nil).

8 Employees

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

Youth leaders and assistants
Employment costs
Wages and salaries
Social security costs
Other pension costs		 2023
Number
11
2023
£
162,414
6,849
2,786
172,049		 2022
Number
13
2022
£
137,272
5,216
5,909
148,397

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 2023

9
Tangible fixed assets
Cost
At 1 April 2022
Additions
At 31 March 2023
Depreciation and impairment
At 1 April 2022
Depreciation charged in the year
At 31 March 2023
Carrying amount
At 31 March 2023
At 31 March 2022
10
Financial instruments
Carrying amount of financial assets
Debt instruments measured at cost
Carrying amount of financial liabilities
Measured at amortised cost
11
Debtors
Amounts falling due within one year:
Prepayments and accrued income
12
Creditors: amounts falling due within one year
Other taxation and social security
Deferred income
Other creditors
Accruals		 Land and
buildings
Fixtures,
fittings &
equipment
Motor vehicles
£
£
£
48,255
40,223
12,140
46,882
-
-
95,137
40,223
12,140
48,255
40,223
9,105
-
-
3,035
48,255
40,223
12,140
46,882
-
-
-
-
3,035
2023
£
240,361
30,658
2023
£
15,502
2023
Notes
£
3,677
13
44,776
511
30,147
79,111		 Total
£
100,618
46,882
147,500
97,583
3,035
100,618
46,882
3,035
2022
£
244,670
5,637
2022
£
-
2022
£
-
24,070
-
5,637
29,707

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

FOR THE YEAR ENDED 31 MARCH 2023

13 Deferred income

Other deferred income
Deferred income is included in the financial statements as follows:
Deferred income is included within:
Current liabilities
Movements in the year:
Deferred income at 1 April 2022
Released from previous periods
Resources deferred in the year
Deferred income at 31 March 2023		 2023
£
44,776
2023
£
44,776
24,070
(24,070)
44,776
44,776		 2022
£
24,070
2022
£
24,070
37,751
(37,751
24,070
24,070

14 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 Income Expenditure Balance at Income Expenditure Balance at
1 April 2021 1 April 2022 31 March 2023
£ £ £ £ £ £ £
Henry Smith
Trust Fund 18,303 81,143 (71,631) 27,815 50,726 (50,212) 28,329
Liverpool FC
Foundation - 5,480 (5,480) - - - -
National
Lottery - - - - 61,899 (41,154) 20,745
18,303 86,623 (77,111) 27,815 112,625 (91,366) 49,074
Henry Smith Trust
Fund		 and National Lottery Community Fund

The grants received from The Henry Smith Foundation and The National Lottery Community Fund are received to cover the salaries of 4 workers to encourage a youth service universal offer that supports young people's opportunities in developing their health and wellbeing.

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

FOR THE YEAR ENDED 31 MARCH 2023

15
Analysis of net assets between funds
Unrestricted
funds
Restricted
funds
2023
2023
£
£
Fund balances at 31
March 2023 are
represented by:
Tangible assets
46,882
-
Current assets/(liabilities)
127,678
49,074
174,560
49,074		 Total
Unrestricted
funds
Restricted
funds
2023
2022
2022
£
£
£
46,882
3,035
-
176,752
187,148
27,815
223,634
190,183
27,815		 Total
2022
£
3,035
214,963
217,998

16 Related party transactions

There are no related party transactions which required disclosure during the year (2022 - none).

17 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.