WOODLANDS COMMUNITY CENTRE LIMITED ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Company Number: 05618974 Charity Number: 1130282
WOODLANDS COMMUNITY CENTRE LIMITED CONTENTS Page Chair's Report Trustees. Annual Report Statement of Trustees. Responsibilities Independent Examiner's Report Statement of Financial Activities 10 11 Balance Sheet 12 Notes to the Financial Statements 13
WOODLANDS COMMUNITY CENTRE LIMITED CHAIR REPORT FOR THE YEAR ENDED 31ST MARCH 2025 As we close another chapter in the life of Woodlands Community Centre, it is with great pride that we reflect on the achievements of the past year and the positive impact our charity continues to have on the lives of our service users. Now in its 53rd year, the Centre remains a vital hub for the communities of Woodlands, Netherley. and surrounding areas. Over the decades, we have welcomed generations through our doors each leaving with renewed confidence, enhanced self-esteem, valuable skills, and a stronger sense of belonging. Since its inception, the charitable company has evolved significantly, adapting to charging needs and circumstances. We've experienced shifts in staffing, developed innovative projects, and remained committed to prioritising services for those most in need-especially as funding becomes increasingly competitive. It is difficult to overstate the impact of our work. Feedback from service users, project evaluations, and outcome reports over the past twelve months confimi that our services continue to rneet real needs and deliver meaningful change. The trustees, annual review highlights that our programmes are not only achieving their intended outcomes but are also aligned with the broader mission of the organisation. Operating with a small team of three part-time stsff continues to present challenges, particu18rly following the loss of key administrative support and volunteers in recent years. Addressing these gaps remains a priority. With the backing of Ihe board of trustees, we are working toward a revised staffing structure and the implementation of a comprehensive 5-year Funding Strategy to ensure long-term sustainbility and operational resilience. We are pleased to report significant progress on this front. Not only did we secure a 3-year funding approval from The Henry Smith Foundation, but we were also successful in obtaining a 5-year unrestricted grant from Liverpool City Council Youth & Community funding. The applicalion was met with formal recognition for its quality, and this funding provides vital financial flexibility. This achievement is a rnajor boost to our sustainability efforls and gives us a strong foundation for delivering our long-term strategic plan. Fundraising remains a competitive landscape, and while changes to local funding structures such as the consolidation of Children, Youth & Community funding into a single pot-present ongoing challenges, our recent success demonstrates our ability to navigate these shifts effectively. We remain committed to pursuing further opportunities that will strengthen our financial stability and expand our capacity to deliver. One constant in our journey is the unwavering dedication of our volunteers. From youth workers and event organisers to kitchen staff, bingo callers, and gardeners, each volunleer brings something unique and invaluable. Their energy and commitment amplify the reach and effectiveness of our services, and we are deeply grateful for their contributions. On behalf of the Manager, myself, and Ihe Board of Trustees, l extend heartfelt thanks to our volunteers and staff. Their tireless efforts enable hundreds of individuals to access the support they need lo improve their lives. We also wish to express our sincere appreciation to our funders including MPAC, HAF, Feeding Liverpool, LCVS Cif Funding, Liverpool City Council Youth & Community, John Moores Foundation, and The Henry Smith Charity whose generosity and belief in our mission have been instrumental to our success. lan Johns Chair
WOODLANDS COMMUNITY CENTRE LIMITED TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2025 The Trustees are pleased to present their annual report for the year ended 31st March 2025. The financial statements have been prepared in accordan with the charity's governing document. the Charities Act 2011, and the Statement of Recommended Practice {SORP) applicable to charities preparing their accounts under the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). as amended for accounting periods Commencing on or after 1st January 2019. OBJECTIVES AND ACTIVITIES Woodlands Community Cenlre exists to proTnote the wellbeing of residents in the Woodlands Estate and surrounding neighbourhoods without distinction of gender, background, belief. or circumstance. We do this by working collaboratively with local authorities, voluntary organisations, and residents to advance education and provide inclusive facilities for recreation, social welf8re, and leisure. Our aim is simple.. to improve lives and strengthen community bonds. In line with Charity Commission guidance on Public Benefit, the Trustees have ensured that all activities undertaken this year continue to meet these requirements and seNe the wider public interest. Throughout the year, we remained committed to our Gore aims by". Securing funding aligned with our charitable objectives Generating income through room hire and community use Expanding recreational and leisure opportunities Creating new pathways for community engagement Delivering a diverse programme of inclusive activities Supporting the development of a cohesive, resilient community ACHIEVEMENTS AND PERFORMANCE As a small grassroots charity, we pride ourselves on being responsive, inclusive, and deeply embedded in the lives of our local residents. This year, we continued to offer free or low-cost universal services tailored to the needs of children, young people, families, and older adults. These included.. After-school clubs and holiday programmes Daytime and early evening sessions for older residents Education and training for adults during school hours Targeted youth support for those facing disadvantage or risk Holistic family support and advocacy in partnership with other services We listen to our community. learn from their eXperienS, and shape our work around their voices. This participatory approach empowers individuals to take control of their wellbeing and fosters a sense of ownership and pride.
WOODLANDS COMMUNITY CENTRE LIMITED TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2025 A Place to Belong Woodlands Community Centre is more than a building it's a lifeline. Whether someone needs a warm drink, a friendly chat. help with online forms, or support making appointments, we're here. We offer a safe. welcoming space where people can connect, participate, and feel seen. Community feedback consistently tells us that our serVIS are essential, valued, and deeply appreciated. Activities Delivered Our programme this year included a vibrant mix of activities- Cook & Taste, Boxercise, Line Dancing. Meditation, Yoga Walking groups, park visits, gardening projects, environmental initiatives Community Bingo & Meals, Afternoon Teas, Messy Play, Meet & Eat Football training, Flower arranging, Men's wellbeing group Theatre trips, Brunch drop-ins, computer access sessions Kids & Youth Clubs, Summer and half-term activities Arts & Crafts, indoorloutdoor sports, team games, storytelling Mindfulness, drama, Forest School, awareness sessions on drugs, alcohol. and knife crime Nature walks, family fun days, and more Key Outcomes We supported 820 direct beneficiaries this year-. 276 children and young people 444 adults Additional highlights include: Opening our doors as a Warm Bank to support those facing rising food and fuel costs Ensuring every activity includes free drinks. snacks, and fruit to prevent hunger Forming an activity sub-group to organise bi-monthly tea dans, theatre trips, and community bingo with meals Delivering food-focused sessions such as brunches, batch cooking, and "Cooking for One" Collabor8ting with other organisab'ons to expand our reach and impact Partnerships and Outreach We strengthened ties wlth local organisations. CICS and wellbeing practitioners, including: Speke Training & Education Centre- offering free training Bay Tree Cookery Academy providing budget & healthy cooking experiences for Children & Families Belle Vale Pensioners Group Millenium Food Hub- Providing Lunches for our Children and Elderly
WOODLANDS COMMUNITY CENTRE LIMITED TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2025 New Horizons CIC _ providing free mental health & Holistic sessions for adults and children MD Productions - delivering free community dance sessions We also extended our reach by delivering weekly community meals at Valley Community Food Hub, supporting both our own beneficiaries 2nd a fellow CIC. Seasonal Support Distributed 35 shopping hampers to local families in need through generous donations Invited 30 older members to a festive lunch at the Millennium Centre with Lee Valley Pensioner Group Distributed 45 Boxes of chocolates as an Easter treat for our pensioners Delivered Christmas, Easter, Halloween family celebrations with the community and families Provided a 3 Course Christmas Lunch for 45 local residents with an Entertainer Digital Inclusion Thanks to successful funding, we refurbished our outdated computer suite. It's now a thriving hub used by.. Older residents booking NHS appointments Children and young people for homework and study Youth groups researching global issues like Black History Month and international conflicts Community members accessing Wi-Fi and digital services Pathways to work operate employability courses Community Cookery Our Family Cookery and Cook & Taste sessions remain a cornerstone of our offer. Led by a qualified chef, these hands-on experiences teach practical skills. promote healthy eating, and bring people together. Held regularly and throughout school holidays, they ensure f70 child goes hungry and every participant leaves nourished in body and spirit. FINANCIAL REVIEW Total income in the year was £102.573 (2024.. £95,792) of which £79,897 {2024". £87,208), related to funding for projects upon which restrictions are placed. Total expenditure in the year was £96,812 (2024.. £102,729) loaving a surplus for the year of £5,761 {2024: deficit £6,937) At 31st March 2025 the charitable company's reserves stood at £209,742 (2024: £203,981) of which £35.207 (2024.. £34,965) represented restricted funds. RISK MANAGEMENT The trustees have conducted their review of major risks to which the charity is exposed. and systems have been established to mitigate those risks. These reviews are conducte(J on a continuing basis.
WOODLANDS COMMUNITY CENTRE LIMITED TRUSTEES. REPORT FOR THE YEAR ENDED 31ST MARCH 2025 The main risk to the charity is funding. The voluntary sector as a whole is finding it increasingly dfficult in this economic climate to raise funds and many have closed as a result. RESERVES POLICY It is the policy of the charitable company to maintain unrestricted funds, which are free reserves at a level to cover redundancy provision and three months, running costs should no further funding be received. At the end of the financial year, unrestricted funds totalled £174.535 of which £126,425 is represented by tangible assets, leaving surplus free reserves of £48,109 (2024.. £40,367). The charitable company requires £27,850 for redundancy provision and £4,289 for three months, running costs, (total £32,139). See designated reserve. The plans of the trustees for the balan of unrestricted reserves is to cover temporary shortfalls in cash flow, funding unexpected cost and maintsin short terms staffing levels during gaps in funding. PLANS FOR THE FUTURE Woodlands Community Centre reGognises that in order to maintain our level and quality of service we must contlnue to be committed to and invest in a range of key measures including.. 1. Formulate a 5-year Funding Strategy Establish a comprehensive plan to secure diversified funding sources. including grants, donations, and fundraising events. This strategy will align with a revised staffing structure aimed at increasing staffing levels. 2. Fundraising Goals Plan fundraising events such as charity Prize Bingo. raffies etc to pay for coach trips Apply for grants to support new and existing programs. 3. Expansion of Services Introduce new programs for youth development, including after-school tutoring and sports activities. Expand mental health supporl servlees with additional counselling sessions and. 4. Community Outreach Launch a volunteer recruilment Gampaign to increase wmmunity involvement 5. Trainlng & development We will invest in professional development for our staff and volunteers, training sessions and certification programs.
WOODLANDS COMMUNITY CENTRE LIMITED TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2025 6. Sustainability Initiatives Implement a recycling program within the community centre Seek funding to install solar panels to reduce energy costs and promote green energy 7. Educational Programs Develop adult education Classes focLtsing on digital literacy and job skills. Organise health and wellness discussions for all age groups. STRUCTURE, GOVERNANCE AND MANAGEMENT The organisation is a charitable company limited by guarantee, incorporated on 10th November 2005 (company number 05618974) and reglstered as a chartty (charity number 1130282) on 23rd June 2009. The Governing Instruments under which the charitable company operates comprise the Memorandum and Articles of Association dated 28th October 2005. The organisation was fomierly known as Woodlands Residents Association which was originally set up in 1975 and underwent a transfer of assets to Woodlands Community Centre Limited dated 30th November 2013. The Management Committee comprises five volunteer directors and a Company Secretary from a cross section of backgrounds, experiences and skills. There are two part time core members of slaff and three other part time staff members including a caretaker and 2 youth workers who are employed to assist with the srnooth and efficient running of the day-to-day activities of the Charity. All directors are nominated and provided with director's pack, which contains terms of referen, and trustees are encouraged to participate in Quality Assurance Training. All staff undertakes continuous training and development relevant to theirjob roles.
WOODLANDS COMMUNITY CENTRE LIMITED TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2025 REFERENCE AND ADMINISTRATIVE DETAILS Name Company Number Charity Number Registered Office Woodlands Community Centre Limited 05618974 1130282 30 Woodlands Square Netherley Liverpool Merseyside, L27 5RZ V Graham R Heron l Johnson E Styles J Robinson Trustees Company Se¢retary Independent Examiner Ying Huang FCCA clo LCVS 151 Dale Street Liverpool L2 2AH Bankers HSBC Bank PIC 3 Allerton Road Woollon Liverpool, L25 7RB Signed on behalf of the Board of Trustees lanJ son - Trustees Date: J2.l.!I |.i.s................
WOODLANDS COMMUNITY CENTRE LIMITED STATEMENT OF TRUSTEES, RESPONSIBILITIES Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure. for the financial year. In preparing those financial statements, the trustees should follow best practice and-. select suitsble accounting policies and then apply them consistently,. observe the methods and principle in the Charities SORP", make judgements and estimates that are reason8ble and prudent. prepare the financial statements on the going concem basis unless it is inappropriate to presume that the company will continue as a going concem,. state whether applicable accounting stsndards have been followed, subject to any malerial departure disclosed and explained in the financial statements. The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charilable company and lo enable them to ensure that the financial statements comply with Ihe Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The financial statements have been prepared in accordance with the charity's trust deed. the Charities Act 2011 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 published (FRS 102) (effective 1st January 2019). By the Order of the board, J Robinson Company Secretary 30 Woodlands Square Netherley Liverpool Merseyside L27 5RZ Date.. ..o.iJJ.E./?OAs..
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WOODLANDS COMMUNITh CENTRE LIMITED I report on the accounts of the charitable company for the year ended 31st March 2025, which are set out on pages 12 to 24. The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144<2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to- examine the accounts under section 145 of the 2011 Act. lo follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act, atld to state whether particular matters have come to my 8ttention. Res ective res onsibilities of tmstees and examiner Basis of inde endent examiner's statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and 8 comparison of the accounts presented with those records. also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'tnJe and fair, view and the report is limited to those matters sel out in the statement below. In connectioTr with my examination, no matter has come to my attention.. {1) which gives me reasonable cause to believe that in, any matertal respect, Ihe requirements: to keep accounting records in acwrdance with section 386 of the Companies Act 2006.. and to prepare accounts which accord with the accounting records and comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting Charities have not been met-, or (2) to which, in my opinion, attention should be drawn in order lo enable a proper understanding of the accounts to be reached. Inde endent examiners staten7ent Name: Ying Huang Relevant professional qualification or body.. FCCA Address.. clo LCVS 151. Dale Street, Liverpool, L2 2AH Dated: io
WOODLANDS COMMUNITY CENTRE LIMITED STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME & EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST MARCH 2025 Notes Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 Income and endowments from". Donations & Legacies Charitable 8Ctivities Other trading activities Investments 3a 3b 10,508 1,252 10,475 441 10,508 81,149 10,475 441 79,897 88,181 7,294 317 3d Total income 22,676 79,897 102.573 95,792 Expenditure on". Charitable activities 17,157 79,655 96,812 102,729 Total expenditure 17,157 79,655 96,812 102,729 Net (expenditure)lincome, net movement in funds 5,519 242 5,761 (6,937) Total funds brought forward Total funds carried forward 9, 10 169,016 34,965 203,981 210,918 8-10 174,535 35,207 209,742 203,981 The notes on pages 14 to 24 form part of these accounts. All Ihe above amounts relate to conlinuing activities of the charitable company.
WOODLANDS COMMUNITY CENTRE LIMITED BALANCE SHEET AS AT 31ST MARCH 2025 Company Number: 05618974 Fixed assets Tangible fixed assets Notes 31st March 2025 31st March 2024 131.513 135,009 Current assets Debtors Cash al bank and in hand 1,781 77,743 624 69,613 Current liabllities Creditors-. amounts falling due within one year 79,524 70,237 (1,295) <1,265) Net current assets 78,229 68,972 Total assets less Gurrent liabilities 209,742 203,981 Funds: Unrestricted funds Restricted funds 174,535 35,207 8,10 169,016 34,965 209,742 203,981 These financial statements have been prepared in acGordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies. regime and in accordance with FRS102 SORP. For Ihe period covered by these accounts the company was entitled to exemption under section 477 of the Companies Acl 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The trustees, who are the directors of the company, acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. Signed on behalf of the Board on ... nson - Trustees Date: 12
WOODLANDS COMMUNITY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 1. Limited Liability The charity is a company limited by guarantee. Each member's liability is Ilmited to £10. 2. Accounting Policies Basis of accounting The accounts have been prepared under the hlstorical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note{s} to these accounts. The financial statements have been prepared in accordan with the charity's trust deed the Charities Act 2011 and Accounting and Reporting by Charities= Statement of Rec0Mended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published (FRS 102} (as amended for accounting periods commencing from 1st January 2019) and Charities Act 2011 and the Companies Act 2006. The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The Charity has laken advantage of the provisions in the SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. Going concern At the time of approving the accounts, the trustees have a reasonable expectation that the charitable company has adequate funds to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts. Fund arcounting Unrestricted funds are the charity's free reserves available for the trustees to apply in accordance with the charitable company's charitable objectives. Designated funds are funds set aside by the Trustees out of unrestricted funds for specwfic future purposes. Restricted funds are subject to specific restrictive Gonditions imposed by the donor. All restricted funds are accounted for as restricted income and expenditure for the purposes is charged to the fund. Income recognition All income is recognised once the charity has entitlement lo the income, there is sufficient certainty of receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably. Income from charltable activities is recognised on an accrual's basis except for grants receivable, which are recognised on the date on which their unconditional payment is confirmed by the donor. Income from other trading activities relates to fundraising income and room hire and fundraising and is recognised when the amount is certain. Income from investment relates to bank interest received and is recognised when the amount is certain. 13
WOODLANDS COMMUNITY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Expenditure recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charitable company to that expenditure, tt is probable that settlement will be required, and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accrual's basis. Al expenses, including support Costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the Statement of Financial Activilies. Support and governance costs are applied to unrestricted funds unless specifically included in the restrictions, as specified by the donor. Expenditure on charitable activities relate to the operation of the charity comprising of direct charilable expenditure to meet the objectives of the charitable company. Support and governan costs relate to the management and operation of the organisation and also compliance with constitutional and statutory requiremenls in producing the annual report. These are dealt with in the Statement of Financial Activities when payment has been approved by the charitable company. Fixed Assets Capital expenditure is stated in the balance sheet at cost or revaluation less accumulated depreciation. DepreGialion is provided to write off the cost of each asset over its expected useful life as below: Freehold land and buildings Equipment Computer Equipment 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, and bank overdrafts. 2Q/o per annum straight line basis 200/0 per annum straight line basis 200/0 per annum straight line basis Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instrumenls, and Section 12 '0ther 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. 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. 14
WOODLANDS COMMUNITY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Basic financial liabilltles 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 receipts 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 melhod. Dere¢ognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. Taxation Income and gains are exempt from taxation as they are received and applied for charitable purposes only. The charitable company benefils from various exemptions from taxation afforded by tax legislation and are not liable to corporation tax on income or gains falling within those exemptions. Critical accounting estimates and judgements In the application of the charity's accounting policies, the trustees 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 on-going basis. Revisions to acGounling 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. 15
WOODLANDS COMMUNITY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 3.Income and endowments from: Unrestricted Restricted Fund5 Funds 2025 2025 Total Funds 2025 Total Funds 2024 a. Donations and legacies General grants 10,508 10,508 10,508 10,508 Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 b. Charitable activities: Activities Subscriptions Citizen Advice Liverpool Househokl Support fund Family Hub small grants Henry Smith Charity- Strengthening Communities John Moores Foundation LCVS Community Impact Fund Liverpool City Council- Community Resource Grant Liverpool City Council - Youth and Play Grant Local Neighbourhood Fund Mayoral Neighbourhood Fund Mpac Sutton Croft Tudor Trust UK Shared Prosperity Fund 1,252 1,252 2,959 973 2,959 1,250 1,000 38,800 10.000 1,500 5,750 38,800 10,000 1,500 5,750 11,500 3,956 3,956 1,149 6,593 1,149 700 700 9,000 16,500 33,000 6,965 1.700 14,083 1,700 14,083 1,252 79,897 81,149 88,181 Income from charitable activities in 2024 comprised £973 for unreslricted fvnds and £87,208 related to restricted funds. Other trading activitles: Hall and room hire Fundraising events 7.585 2,890 7.585 2,890 5,069 2,225 10,475 10.475 7,294 Other tr8ding activities Income for 2024 related wholly to unrestricted funds. 16
WOODLANDS COMMUNITY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31SY MARCH 2025 Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 d. Investments". Bank interest 441 441 317 Income from investments for 2024 related wholly to unrestricted funds. 4. Expenditure on charitable activities Direct Support & Charitable Governance Expenditure Costs Total 2025 Total 2024 To provide facilities for recreation and leisure time 57,531 39,281 96,812 102,729 a. Analysed as follows.. Direct chan"table expenditu.. Staff salary costs Tutors Running costs Community activities and trips Lunches and deliveries Materials 2025 2024 28,702 4,950 10,033 11.134 1,024 1.688 26,263 8,780 10,058 12,029 3,221 2.208 57,531 62,559 Support & Governance costs.. Staff salary costs Office costs Travel expenses Insurance Registrations Health and safety Sundry expenses Bank charges Payroll fees Accountancy Depreciation 25,509 2,827 2,177 1,787 398 893 322 83 494 1,295 3.496 26,867 2,923 3,180 1.602 348 87 405 1,265 3,488 39,281 40,170 Total expenditure on charitable activities 96,812 102,729 17
WOODLANDS COMMUNITY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 £79,655 (2024: £87,638) of the above expenditure relates to restricted funding. b. Staff Costs 2025 2024 Gross salaries 54,211 53,130 c. Particulars of employees.. The average number of employees during the year and calculated on the basis of fijll-time equivalents was as folSows.' Charitable activity 2025 1.86 2024 No employee received emoluments of more Ihan £60,000 during the year. The Trustees are not remunerated for their services and are not included in the above number of @mployees. 5. Tangible fixed assets Freehold Land & Equipment Computer Buildings Equipment Total Cost and Revaluation: Balan at 1st April 2024 Additions in the year 146,000 1.128 6,817 153,945 Balan at 31st March 2025 146,000 1,128 6,817 153,945 Accumulated Depreciation: Balance at 1 St April 2024 Charge for the year 17,520 2,190 280 170 1,136 18,936 1,136 3,496 Balants at 31st March 2025 19,710 450 2,272 22,432 Nèt Book Value at 31st March 2025 126,290 678 4,545 131,513 Net Book Valkje at 3181 March 2024 128,480 848 5,681 135,009 The propety Woodlands Community Centre, 30 Woodlands Square was donated by the Woodlands residents, society and held by the Charity Commission up to 19th December 2016. A revaluation of the freehold land and buildings was carried out by S K Real Estate on 6th December 2016 at a value of £146.000. The trustees have included the freehold land and buildings al this value less subsequent depreciation. 18
WOODLANDS COMMUNITY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 6. Debtors 2025 2024 Prepayments Accrued Income 698 1,083 624 1,781 624 7. Creditors." amounts falllng due within one year 2025 2024 Accruals 1,295 1,265 8. Analysis of net assets between funds 2025 UnrestrTCted Funds General Fund Revaluation reserve Designated Funds Tangible Net Current Fixed Assets Assets Total 135 126.290 16,971 17,106 126,290 31,139 31,139 126,425 48,110 174,535 Restricted Funds Henry Smith Mpac Sutton Croft Citizens Advice UK Shared Prosperity Fund 28,410 28,410 340 203 1,709 4.545 340 203 1,709 4,545 5,088 30,119 35,207 Totals 131,513 78,229 209,742 19
WOODLANDS COMMUNITY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 2024 Tangible Net Current Fixed Assets Assets Total Unrestricted Funds General Fund Revaluation reserve Designated Funds 169 128,480 12,461 12.630 128.480 27,906 27,906 128,649 40,367 169,016 Restricted Funds Family Hub small grants Local Neighbourhood Fund Mpac Sutton Croft Tudor Trust UK Shared Prosperity Fund 1.000 700 1,000 700 425 3,122 24,037 5,681 425 254 2,868 24,037 5,681 6,360 28,605 34,965 Totals 135,009 68,972 203,981 9. Unrestricted funds Movements In the Year Income Expenditure Transfer between funds Reserves at Beginning of year Reserves at End of Year 2025 General Fund Revaluation reserve Designated fund Youth & Community 12,630 128.480 12,168 14,459) {2,190} (3,233) 17,106 126,290 27,906 3,233 31,139 10.508 (10,508) 169,016 22,676 (17,157) 174.535 20
WOODLANDS COMMUNITY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Movements in the Year Income Expenditure Transfer between funds Reserves at Beginning of year 2024 Reserves at End of Year General Fund Revaluation reserve Designated fund 20,642 130.670 24,211 8,584 {12,901) (2,190) (3,695) 12,630 128.480 3,695 27,906 175,523 8,584 (15,091) 169,016 General Fund is used to finance the charitable company's general activities as outlined irj the TfUStees' Report Revaluation reserves deprecation. Designated Fund funds set aside by the Trustees to contribute towards redLJndancy costs and three months, running costs as per reserves policy. Youth & Community- Unrestricted funds to support the provisions for 13-19 year olds. valuation of the freehold land and buildings less subsequent 21
WOODLANDS COMMUNITY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 10. Restricted funds Movements in the Year Income Expenditure Reserves at Beginning of year 2025 Reserves at End of the year Citizen Advice Liverpool Household Support fund Family Hub small grants Feeding Liverpool Henry Smith - Strengthening Communities John Moores Foundation LCVS Community Impact Fund Liverpool City Council- Community Resource Grant Liverpool City Council- Youth and Play Grant Local Neighbourhood Fund Mpac Sutton Croft Tudor Trust UK Shared Prosperity Fund 500 500 1,000 11,000) (1,250) (10,390) (10,000) (1.500} 2,459 1,209 38,800 28,410 10,000 1,500 5,750 (5,750) 3,956 1,149 1,700 14,083 (3,956) 11,849) {1,785) (17,002) {24,037} (1,136) 700 425 3,122 24,037 5,681 340 203 4,545 34,965 79,897 {79,655) 35,207 22
WOODLANDS COMMUNITY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Movements in the Year Income Expendilure Reserves at Beginning of year 2024 Reserves at End of the year Citizen Advice Liverpool Household Support fund Clinically Extremely Vulnerable Family Hub small granls Feeding Liverpool Healthy Activity and Food LCVS Community Impact Fund Liverpool City Council- Community Resource Grant Liverpool City Council- Youth and Play Grant Local Neighbourhood Fund Mayoral Neighbourhood Fund Mpac Sutton Croft Tudor Trust UK Shared Prosperity Fund 1,250 (1,250) 17,083 (17,083) 1,000 1,000 1,305 3,470 85 (1,305) (3,470) (85) 11,500 (11,500) 6,593 700 (6,593) 700 390 700 (1,090) (8,575) (13,378) {22,025J (1,284) 9,000 16,500 33,000 6,965 425 3,122 24,037 5.681 13,062 35,395 87,208 (87,638) 34,965 Description of Funds, these are funds given to the charitable company to be spent at the discretion of the Board for specific charitable purposes, as follows.. Citizen Advice Liverpool Household Support fund - Contribution towards community lunches Clinically Extremely Vulnerable - Project costs including salary for Community Development worker Family Hub small grants - Contribution towards Children & Young people Holiday activities and food provision Feeding Liverpool - Contribution towards Food supplies Healthy Activity and Food - Contribution towards school holiday activities and lunches Henry Smith Contribution towards running costs of an organisation providing a community centre space & activities for disadvantaged people from Liverpool John Moores Foundation worker Contribution towards the salary of a part time youth play 23
WOODLANDS COMMUNITY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 LCVS Communlty Impact Fund - Contribution towards 'Community Wellbeing and Community Activities. project. Liverpool City Council - Community Resource Grant- Delivery of community cohesion activities, and salaries. Liverpool City Council - Youth and Play Grant - Contribution towards the delivery of youth activities. Mayoral Neighbourhood Fund - Contribution towards Youth and play provision. pac Contribution towards positive about play holiday activities for children. Sutton Croft - Contribution towards Children & Young people Holiday activities and food provision Tudor Trust - Contribution towards salaries and core costs. Covid food support UK Shared Prosperity Fund- Contribution towards updating of Computer Suite 11. Lease Commitments There were no financial commitments under non-cancellable leases at year end (2024: none). 12. Related Party Transactions There were no material related party transactions during the year which require disclosure (2024 none)- 13.Guarantees As at 31st March 2025, 26 members had given a guaranlee of £10 each in the event of the company winding-up. Total.. £260 (2024.. 26 members £260). 24