Company Registration Number - 06956531 The Charity Registration Number is :_ 1131577 Bronte Youth & Community Centre Report and Accounts 31 March 2024 Tke Br•onte Youtk cen+t
Bronte Youth & Community Centre Company Registration Number- 06956531 Trustees. Annual Report for the year ended 31 March 2024 The Truslees present their Report and Account5 for th8 year ended 31 March 2024, which also comprises the DiTectofs' Report required by the Cornpanies Act 2006. Reference and administrative details Tho charity namo. The leg81 narne of the ¢h8rtty Is'.- Bronte Youth & Community Cenlre. The charity is also known by ils operating name. The Bronte. The Gharlty'5 area5 operatlon and UK charltable reglstratlon. The charity is registered in England & Wales with tho Charity Commission in England & Walès ICCEWI with harily number 1131577. The charity does not operate in gny ovgrse8s jurisdictions. Legal structure of the charlty The charity is constlluled as a company limited by guarantee, r8gislerod under the Companies Acl8 The governing document of the rharily Is the Memorandum and Articles of Association eslablishlng the comp8ny under company lagislalion. There are no reslriclion3 in the governing documents on the operation ol the Charity or on Ils investment powers olhor than those imposed by Charity Law. By operation ol18w all, Irustees ar6 dlractors undèr tha Companiés Aet 2006 and all directors are trustees under Charities legislation and have re$ponsibililie$, as $u¢h, under both company and charity leglslalion, The Irusle8s are all individuals. Thè princlpal op•rating addr•88, t•l•phon• numb•r, omall and web addr•s8os of the charity are:. Trowbrldgè Street Liverpool, L3 5NB Telephone Temp.. 07735 602858 Emall Addrgss.. hello@Ihebronl8.org W8b address-. ww.thgbrontg.oTg The reglstered office of the ch8rlty for Comp8nies Acl purposes i8'.- Slurjio 6 The Bluecoat, School Lane Liverpool, L1 38X Tho Tru8to08 In offlce on the date Ihfr report was approved werg:. A Clegg A Clarke A Deary G Heard 8 McNally J Sorensen
Bronte Youth & Community Cenlre Company Registration Number- 06956531 Trustees. Annual Report for the year ended 31 March 2024 The followlng p¢rson$ served as Tru8t8è6 durlng the year ended 31 March 2024 :. The Iruslees who served as a ITuste8 in the reportlng perlod, and. If appllcable, Ihelr dales of appolnlrnenl or resignation during the year were:. Name A Gl&rke A Clegg A Deary G Heard LLee B McN811y J Sorens•n Appolntod 20-DgG-23 18-OGI-23 Rg5igned/R6¥tirod 25-Sep-23 All the Iruslees are also memb&rs of the Gharity- Objects and activities of the charlty The purposes of the charity as set out In Its governlng document. Youth and community centre lor the young people and adults Ilvlng across Merseyside. The maln actlvltles undertaken In relatlon to those purposes during the year and to further the charlty's purpose for the publlc beneflt. The charitable company's objects arfj lo provide a programmo of acliviligs for Ihg pfyoplg ol tho local community uslng the club's preml8es and equlpmenl lo Ihelr maxlmum polentlal. The pollcles adopted In furth9rancg of th959 obj9cIs ar9.. Reviewing and maintaining the club's facilities. Employing staff and recruiting volunteers lo provide 8 daily programm& of activities for young people. Providing facilities and services lor approximatèly SO weeks of the year. Providing B progrgmme Ihot alms lo educate, be enjoyable and lun, In a w8mi and welcomlng ènvlronm@nl. Involving mèmbers in the planning of aclivilies. Encouraging soclal Inleraclion baeen members of the communlly, young and elderly. Ourlng the year the Board look advice lo update the organisallon's purpose in order lo meet grant GondSllon8 of the new Capital Refurblshmènl Youth Investment Fund. This included extending the geogr8phic81 area of benefit lo Merseyside, removing Ihe term associate rnernbors and lo recommend that Iiuslees Should be able lo come from anywhere. 11 was agreed lo proceed with these chan9e$. Hill DiGkinson worked with the Board and lacililialed these changes through the Ch8rilies Commisslon and our Memorandurn and Articles of Association wore updated on 24th April 2024. The Iruslees hav6 paid due reg8rd lo the Charity Commission's guidance on public benefit in deciding the acllvilies during the year. The Iru51ees are satisfied that the Infomialion provided in the report meets the public benefll reporting requlrem8nt9.
Bronte Youth & Communlty Centre Company R8gi51ralion Number- 06956531 Trustees. Annual Report for the year ended 31 March 2024 The main achievements and performance of the charity during the year The year under review ha¥ beer¥ ¥i9n1fiGn1IY influenGed by Ihe SUGGessful applicalion ol the Youth Investment Grant that ¢ompri8ed a maximum of £3,454,604.00 capital funding and £690,921.00 revenue funding. The purpose of this grant is lo advance the objectives of YIF Phase 2 10.. 11 create, expand and improve local youth facilili8s and their BoNice8, in order lo drive p0811iv8 outcomes for young people, including improved menlal and physical wellbeing, and skills for life and work., 21 buildlpreserve youth faeililies that are lit for purpose in left behind areas including having a developed business plan by March 2025 to make Ihe facility financially sustainable and undertaking Iraininglcapability buildin9 to improve their marketing and revenue generation skills by 3181 March 2025- 31 develop ¢nvironmenlally suslainablo youth facililios., 41 drive Improvements in youth sector cap8bilily', 51 improve access. participation and short-lerm wellbeing of young people includlng having al least one trained workerlvolunl8er trained lo a recognised qualification in youth work within 12 months of op8ning', 8nd 61 improve the evidence base for the youth sector. The Board developed a detailed programm8 lo Implement Ihls gr8nl and worted wllh our professional P8rln8rs lo deliver the relurbishmenl and dov$lop our buslness plan and procèsses. Whilsl this work was ongoing during the year The Bronte Youth & Community Centre hove continuod lo deliver a wide-ranging Youth Activity programme along with Community evènts. We wn a weekly evening youth club, resldenllal trips including weekend and h811 term breaks and school holiday playschemes. Our pro9ramme of ev&nls Varles from sports and wellbeing acuvllles lo cr8ftlng and crealivg deslgn, through lo education and training events. Our community support and even15 range from community bingo nights, food bank services lo drop- In $urg8rS8$ for our local Counclllors. Wo had planned lo appoint a Contractor lo start the refurbishment works in the spring of 2024, bul market conditions and soaring inflation crealed delays in Ihe procurement process as Ihe costs lo complelg tho refurbishment escalated. A significant value engineering process was undertaken and the Board agreed with the funders lo descope part of the first floor lil out in order lo achieve a contract pnc8 that came in on budget and within the Capllal Grant value. We are delighted lo confirm that Trullne Conslrucllon were appointed and started on sile in October 2024. The Board will now work lo raise the additional funds lo complete Phase11 of the relurblshment. Further lundlno wlll create r8n181 and conference Spaces to 8UPPOrt the lulttre Ilnanci81 sustalnablllly ol The Bronlg. The Revenue Grant has begn utlllsed to capaclty bulld and we havg Inve8led in new staff end created 7 n8w employmenl opportunlli¢s. We have new finance processe8 and sy81gms in place, a new IT infraslruclure and HR systems along with a new branding and digilisalion stratogy. We havo boon able lo losl proof ol concept programmes driven by our young people to assess lulure vi8bilily and inform our future slralegies. All with the aim lo in¢rea¥o our Scope and qualily of services and breath life back into the building and community. Our impacts are lar re8¢hing, bul al the core we exlst to Improve the quallty of young peoples Ilves by providing enjoyable experiences lo develop their personal and social skills. Our sports programmes posS1ively impact physi¢al and mental fitness, lackllng obeslly whlch is moro prevalent in our area of depTivatlDn. Our engagement programmes encourage young people lo give feedback and share opinions and our ¢realive activities allow our young people to test and devglop their Skills and inleresls. Bringing our young people togalher èncouragas ta8mwork, dgvelops lrfendshlps and engages them In posltSve aclSvStles for happlèr lives. Whilsl the undertaking of such a major grant requires a significant amount of work, we ara ctsnfid8nt wa havè 8 professional team in place lo luifill the grant obligations. When tho first Phase of the refurbishmenl is comp181e in March 2025, Tho Bronte w511 be thè only Youth and Cornmunily Hub in the Livarpool Central neighbourhDod providing a much needed lilgline for our Ioc81 community and all across Merseyside.
Bronte Youth & Community Centre Company Registration Number- 06956531 Trustees. Annual Report for the year ended 31 March 2024 Fundraising activities during the year. The charity has been focusing on capaclly bulldlng and Implemenlbng the YIF grant during the year an gular fundraising a¢tivilies have been scaled back to allow us to concentrate on these priorities. Our accounts report small levels of fundraising in year and we plan lo inGrease this aGtlvlly when the Gonlre reopens In Ilne wllh our sustainability plans. Structure, governance and management of the charlty The methods used to recrult and appolnt new charity trustees. The Iruslees of the charity are r9cruitgd from the local community where possible bul if the right skills and competencies èxist outside the local area, undar the Changès $91 out in our updal6d Memorandum & Articles. we will recruit trustees from 8nywhere. Thls Is sut>lecl to a refreshad Truste8 Recruitm8nt pToc8ss that includes an 8ppllcalSon, inleNlew and velllng process. None ol the Iruslees has any benellclal Interest In the company. All of the Imsteès are members of the company and guarantè8 lo contribute £1 in tha event of winding up. The trustees have delegated the daY.1daY management of the olub lo the exeGullve leadership team In accordance with our Dolegalion Framework and broader policies and procedur8s National VVe51minisler Bank PLC Liverpool City Office, Stevenson Way, Wavelree, Liverpool, L13 1 NW Hill OiGkinson LLP No1 Sl Paul'3 Square, Liverpool. L3 93J Harrison Slringfellow Architects Ltd 43 Penny Lane, Liverpool, L18 1 DE Addlng Value Consultancy Ltd, Blueco81 Chambers, Liverpool, L1 3BZ Banker5 SoliGilor5 Archilecls Accountants Flnanclal revlew The charlty's financlal posltlon at the end of the year ended 31 March 2024 Thè financial posllion ol thè chArfty È131 Mdrch 2024 and eompArAllvè$ lor th¢ prlor period, a5 moro fully detailed In thè accounts, can be summarised as follows'.- 2024 2023 Not Ineomg 266,188 53,408 Unrestricted Revenue Funds available for the general purposes of th8 ¢harlly Designated Fixed Asset Funds Total Unre$trl¢ted Funds 62,159 6S,055 282,108 344,267 65,055 Restricted Revenue Fund8 23,180 36.204 Total Fund¥ 367,447 101.259
Bronte Youth & Community Centre Company Registration Number- 06958531 Trustees. Annual Report for the year ended 31 March 2024 Financial review of the position at the reporting date, 31 March 2024 . The financial posilion lor the year ended 31st March 2024 reflects our locus on implementing Ihe YIF grant and building capacbly lor futuro financial sustainability. Our regular turnover of £72,375 Incorporates regular grants lo deliver our youth programmès. playschemes and residential trips. This has been subsidised with a smal118v&l of don8llons and fundralslng acllvlly and we report an operatlng loss of £15,920. Our balance sh6el reserves posillon has been strengthened by the YIF Capital Grant as we capitalise investment in the building and our nel assets now sland at £367,447 <2023 £101,259), whilst a review of our rese¥ves places our unreslricleé reserves at £62,15912023 £65.0551. The Trustees are dellghied wlth the Investment In our bullding that Is lèas&d to us through Llverpool Clty Council. We recognise that the 5mall1055 report$d is as a rtssull ol a significant implemenlalion programme that has relocussed much ol our capacity lo deliv8r. As w8 work through the implomonlalion and Ouf financial sustainability plans we will continue lo refine these in light of the emerging po3ilion and as we move for*vard wa letl proud thal we have psjshed through barriers lo increase the much needed youth and community seNices for those who need us most. Thanks lo Liverpool Clty Council and our local councllors for their financial and general 8UPPOrt. Thanks 10 the Youth Investment Fund lor enabling us lo access capitsl funds that will secura invaluabl& 8oNi¢8$ and enrich the lives of so many. Thanks lo Social Investment 8usin¢ss who are tho Assossors of tho YIF Fund and havè guldèd us during the implomentalion process and lo While & Cas8, Solicitor8 who have provided pro bono legal support lo work through Ihg funding due diligence. Finally, and very imporlanlly thanks lo our staff, volunloerg and Board who have workgd lirg1gS51y lo dolivgr our sèrvicos #nd robuild for M bright fuluro. Thè trusl8•s considor thè financial pèrformancè by the charity during the y9ar lo hav9 b99n salisfaclory and 8 r8118cllon ol th8 focus on d81iv8ring against th8 Grant roquirèm8nls. Speclfic changes In fixed asse19 arè de1811ed In the notes to the 8ecounls and the Tru51ees are delighted lo have sought capltal Investment to mglntaln the bulldlng and strengthen the balance sheet. Policies on reserves. 11 Is the polbey ol thè charitablé compAny to mBintain unr8slTi¢led funds which are free serveS al a level lo cover redundancy provlslon and three lo slx months. running costs should no further funding be recelweil. As al the end of the financial year the unrèstricted funds amounted to £62.15912023' E65,0551. Avallability and adequacy of assets of each of the funds The board of Iruslees Is satisfied that the charity's assets in oath fund are avallable and adequate lo lulfil Its oblig81ions In respgcl of each fund.
Bronte Youth & Community Centre Company Registration Number - 06956531 Trustees. Annual Report for the year ended 31 March 2024 Plans For the Future The Bronle's ethos and values have been established slnce It's foundallon in the 1970s and remaln our cornerstone today and our work continues to focus on the overall health and happiness of young people and Ihe ¢ommunity. We ar8 passionate about 8ddres8ing local deprivation and social and h8811h inoquolities within our Liverpoo5 City Centre and our plans lor the Bronte address this need. Our p18ns are lo develop a rnod&rn relurblshed and suslalnabl& cenlre that 1$ welcoming, accesslble, and open lo all. The new centre has been designed lo deliver against this. bul also lo drive cornmercial incorne 80 that we are not substantially rolianl on local authority and grant funding which has diminish8d over the years. Tha YIF fundlng Is speclfically alm6d at doveloping youth prov551ons for th8 11-18 year olds. Our p18llS are signilicanlly focussed on this, while recognising how much the facility 8nd 8eNices Bre ne8ded for childran of all ages and the Ioc818dull Community. The capital inve$lm•nl secured will generate capecily lo allow foi the number of young pèople using our servl¢e to Incraasa slgnlflcantly. Our futur9 incomg Strearns ar9 diver59 and refle¢t the drive for a sustalnablè business model. Our Business Plan sèts out our vision lo generate commercial income through pitch hire, spac8 hiro, room renlaS, conferenc8 & events and calenng services. The current limeseales for the redevelopmenl, dlrected by thè YIF grant aoreem8nl aims lo complet¢ the relurbishmenl by the end ol March 2025. We Moved out of the building in April 2024 to allow for pr8 constructlon workg to commence and have been operating off si18 al the nearby Blackburng O*j$• on Hope Street. In addition to the YIF Grant we have worked with Liverpool City Councll io secure additlonal Sectlon 106 funding lo refurbish the èxternal playarea, gardens and sports pitch. This funding of £415k will be Implemented along51d8 tho internal works wlth the aim lo open the sports pitch al the sarn8 lime we rfropon the cenlre. We have a sirong commltteLI Board who have capaclty and pas8lon to drlve Ihese amblllons forward, are aligning lo lunders who share our approach and want lo address and alleviate the same social issues and concern5 Ihal impact on young people and society. We have slrenglhened our Governance processes lo ensure we have th8 approprlate regulatory processes in place lo truly maxlmise the opportunili85 for our community going forward. Many of the Trustees hav? lived experience of att¢nding the Bronte as young people.11 has been transform81ion81 in Ih&ir lives, inspiring them, their families and community m8mb8rs, impioving life chances and making a real difference. We look fotward lo the next year as we d81iver against our plans, ¢onlinuing the oulslanding Bronlg19ga¢y that 50 many people in our ¢ommunily havg built from the grass roots upwards. Detalls of The Independent Examlner Matthew 8r¢)wn Member of CIPFA Bluecoal Chambers College Lène Liverpool L1 38Z
Bronte Youth & Community Centre Company Registration Number- 06956531 Trustees. Annual Report for the year ended 31 March 2024 Statement of the Directors, and Trustees. Responsibilities The Gliarily's Irustees are responsible for the preparation of the aGGovnls in aGGordanGe with the term3 of the Companies Act 2006, the Charities Act 2011 and the Charities {Accounls and Reports) Regulations 2008. Notwilhslanding the explicit requirement in the extant slalulory regulalions,Ihe Chari118s (Accounts and Reports) Regulations 2008, lo prepare the financial slalemenls in accordance with the SORP 2005, in view of the fact that the SORP 200S has been withdrawn. the Trustees delèrrninod lo interpret this responsibility as requiring them to follow current best practice and preparè the aecounls aecording lo the FRS 102 SORP Islaltsmenl of Remmended Practice for Accounting and Reporting by Charitiosl 2019. applicable lo all 8ccounling periods b69inning on or after 1st January 20191, (The SORPI, In particular, the Companies Act 2006 and charity law require the Board of Trustees lo prepare financlal statements for each financial y$ai which 9ive a Irug and fair view ol the $tato ol affairs ol th$ fjharily a5 al the end of the flnancial yeai and ol the surplus 01 deflcil of the charily. In preparing those financial sialemenis the Boaré 1$ required lo lo prepare the accounts in 8ccordance wth Unil8d Kingdom Generally Aec¢pled Accounllng Practlce Iunlled Klngdom Accounllng Standards and appllcable lawl. selèct suitable èceounling policies and apply them consislenlly: make judgements and esllmal88 Ihai are reasonable and prudent., prepare tho linan¢i81 slal8m8nts on the goinu ¢one8rn basi8 unlèss it 1$ Inappropriat8 lo pre8ume that the charily will continue in business., stsle whether applicable accounting standards and slalernenls of récommended practice have been followed, subject lo any matoii81 departure8 di8c108ed and explained in the fln8n¢lal $t8lemenl5', The law requires that the Iruslees musl nol approve the accounts unless they are satisfied that Ihey give a Iruo and fair view of the stalg of affairs of the charity and of the surplus or defvcil of tha charity for tho yaar. The Trusl8es are also responsible for mainlainlng adequate accounllng records whi¢h disclose with reasonable accuracy al any timè the flnancial posltion of Ihe charfly and whlch are sufficient lo show and explain the charlly's Iransacllons and enable them lo ensure that the financlal $18lemenls comply wllh the Companies Act 2006 and comply wllh reg¢Jlations made under the Charities Act, They are also responslble for safeguardlng the as5els of the charlty and hence for taklng reasonable $16p8 for Ihè prevenllon and doleclion ol fraud and other irr8gularilies. The Trustees are also responsible for the contents of the Trustees, report, and the slalulory responsibi1Sty of the Independent Examiner in relalion lo the Truslees, report is limited 10 9xamining the report and ensuring that . on the face of th? rèport, there are no material inconsistencies with th6 figLJf65 di5rlosed in the financial slalemenls. Method of preparatlon of accounts - Small company provlslons The financial slalèmanls are Sel out on pages 10 10 27. The financial slalemenls have been prepared implementing the FRS 102 SORP Islalemenl of Re¢omm?ndocI Pracllctr for Accountlng and Reportlng by Charlllesl 2019, appllcable io all accountlng periods beginning on or after 1st January 20191, IThe SORPI, and in accordance with the Financi81 R8POrtin9 Standard 102, leffeclive 1st January 20161 These financial slalemenls have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. appllcable to companies subject lo the small companies reoime. This report wa5 approved by the board of trustees on 12 December 2024. A DEARY Director and Trustee
Bronte Youth & Community Centre Report of the Independent Examiner to the Trustees of the charitable company on the accounts for the year ended 31 March 2024 I report to the Trustees on my examination of the financial statements of the charitable company on pages 10 to 27 for the year ended 31 March 2024 which have been prepared in accordance with the Charities Act 2011 Ithe Acti and with the Financial Reporting Standard 102, leffective 1 st January 20161 as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all ac¢ounting periods beginning on or after 1st January 2019), (The SORPI, published by the Charity Commission in England & Wales ICCEWI and under the historical cost Convention and the aOUntIng policies sel out on page 16. Respeetive re8pon8iblllties of the Trustees and the Independent Examlner and the ba$ls of the report As described on page 7, you, the charitable company's Trusteès. who are also the Directors of the Company for the purposes of Company law, are responsible for the preparation of the financial statements in accordance with the Companies Act 2006, the Charities AGt 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the finanGial slalemenls give a true and fair view. The Trustees consider that the audit requirement of Section 14411) of the Charities Act 2011 Ilhe Act) does not apply. and that there is no requirement in the memorandum and articles of the charity for the conducting of an 8udit, and that the accounts do not require an audit in accordance with Part 16 of the Companies Act 2006 and that no member or members have requested an audit pursuant lo Section 476 ofth8 Companies A¢t 2006. As onsequence, the Trustees have elected that the financial statements be subject to independent examination. Having satisfied myself that the financial statements are not required to be audited under 8ny legal provision, or olherwse. and are eligible for independent examination, it is my responsibility to.- al examine the financial statements of the charity under Section 145 of the Act., bl follow the applicable procedures in the Directions given by the Charity Commission under section 145151{bl of the Act. Ba818 ol Independant Examlner'8 Statement and scope of work undertaken Slnce the charitable company's gross income exceeded £250,000, the charitablé company's examiner mu$t be member of a body listed in section 145 of the Act. I confirm that l am qualified to undertake the examination because l am an authorised member of CIPFA, which is one of the listed bodies. I report in respect of my examination of the charity's finanaal st8lemenls carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 14515)Ibl of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the ¢haritable company and of the accounting systems employed by the charitable company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual item5 Qr disciosuies in Ihe financial statements, and seeking explanations from you, as Trustees. concerning SUGh matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a lest bas15 of evidence relevant to the amounts and disclosures made. the financial statements comply wlh the SORP. The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not Subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving al an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide Consequently, I do not express an audit opinion on the wew given by the financial statements, and in particular. I express no opinion as lo whether the financial statements give a true and fair view of the affairs of the charity. and my report is limited to the matters sel out in the statement below. I planned and performed my examination so as lo satisfy myself that the objectives of the independent examination are achieved and before finalising the report l obtained written assurances from the Trustees of all material matters.
Bronte Youth & Cofflmunity Centre Independent Examinerfs Statement. Report and Opinion Subject to the limitation5 upon the scope of my work as detailed above, I have ¢ompleted my examination.. and can confirm that'.- The accounts of this charitsble company are not required lo be audited under Part 16 of the Companies Act 2006.. The gross income of the charitable company in the year ended 31 March 2024 appears to exceed the sum specified in Section 145131 of the Act. narnely £250000. and that l am qualified lo act as Independent Examiner in accordance with that section by virtue of my being a qualified member of CIPFA, Thig is a report In regpecl of an exarninalion carried out under 145 of the Act and in accordanGe wlh Directions given by the Charity Commission under section 14515llb) of the Ael which may be applicable, and that no material matters have come to my attention in connection with the examinalion giving me cause lo believe that In any material respect- accounting rewrds were not kept in respect of the charity 8$ required by Section 386 of the Companies Act 2006 and Section 130 of The Charities Act 2011., the financial statements do not accord with those records., or the financial staternenls do not comply with the applicable requirements Conrning the form and content of accounts set out in section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair, view, which is not a matter considered as part of an independent examination., have not been prepared in accordance wlh the methods and principles set out in the FRS 102 SORP (Statement of ReGommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1 st January 2019), (The SORPI. I have no concern8 and have come across no other matters in connection wth the examination to which attention should be drawn in this report in order to enable a proper undèrstanding of the financial statements to be reached. Slgned:. Matthew Brown - Independent Examiner CIPFA Blue¢oat Chambers College Lane Liverpool L13BZ This report was signed on 12 December 2024
Bronte Youth & Community Centre - Statement of Financial Activities for the year ended 31 March 2024 Statement of Financial Activities (including the Income and Expenditure Account for the year ended 31 March 2024, as required by the Companies Act 2006) SORP Rgf Curront yèar UnM8trl¢tèd Fund$ Curr8nt year Restrictod Fund8 Current ygar Total Funds Prlor Year Total Funds 2024 2024 2024 2023 Income & Endowments from: Donations & Legacies Charitable activities Investments A1 81,636 9,278 1,461 486,868 548,504 9,278 1,461 153,343 9,022 368 A4 Total Income 72,375 486,868 559,243 162,733 Expendlture on: Charit8blo activitie6 82 88,295 204,760 293,055 139,138 Total expendlture 88,295 204.780 293,055 139,138 Net Income for the year (15,920) 282,108 266,188 23,595 Tran8fers between funds 295,132 1295,132) 29,813 Net Income after transfers A-B-C 279,212 {13,0241 266,188 53,408 Net movement In funds 279,212 113,024> 266.188 53,408 ReconcSllatlon of funds'.- Total fund8 brought forward 65,055 36.204 101,259 77,664 Total fund8 carrled lOard 344,267 23,180 367,447 131,072 The 'SORP Ref indicated above is the clasgification of ineomè $8t out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet. All activitiés darive from continuing operations The notes attached on pages 16 to 27 form an integral part of these accounts. 10
Bronte Youth & Community Centre - Statement of Financial Activities for the year ended 31 March 2024 Bronte Youth & Community Centre - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP Prior Year UnrestriGtod Fund¥ 2023 Prlor Year Prior Yr Total Fund¥ SORP Rèf Re8tri¢tèd Funds 2023 2023 Income & Endowmont$ from: Donations & Legacies Charitable activitiés Investments A1 36.364 9,022 368 116.979 153,343 9,022 368 A4 Total incoma 45,754 116,979 162,733 Expendlture on: Raising funds B1 Charitable activities B2 Tax on surplus on ordlnary activit B3 Other taxation B3 16.844 122,294 139,138 Total oxpenditure 16,844 122,294 139,138 Net gains on Investments 84 Net Income for the year 28,910 (5,315) 23,595 Transfers between fund8 29,813 Net Income after transfers 58,723 (5,31 $1 23.595 Net movement In funds 58,723 (5.315) 23.595 Reconclllatlon of fund$:. Total fund8 brought forward 8,332 71,332 77,664 Total funds carrled fomard 65,055 66,017 101,259 2024 2023 Surplu8 forthe year:. Nel excess of income over expenditure from operations before tax {15,920) 23,595 (15,9201 23,596 Add/(deduct) non Income and expenditure items... Grants for the acquisition of fixed assets Net Movement in funds before tsxation 282.108 266,188 23,595 Fund8 generated In the year 266.188 23.595 The notes attached on pages 16 to 27 form an integral part of these accounts.
Bronte Youth & Community Centre - Statement of Financial Activities for the year ended 31 March 2024 Bronte Youth & Community Centre - Resources applied in the year ended 31 March 2024 towards fixed assets for Charity use:. 2024 2023 Funds generated in the year as detailed in the SOFA Resources applied on functional fixed assets 115,9201 1235,2411 23,595 Net re80ur¢08 available to fund charitablo activities 251.1611 23.695 Movements in revenue and capital funds for the year ended 31 March 2024 Revenue accumulated funds Unrnstrictgd Fund8 2024 Re8trl¢t•d Funds 2024 Total FundB 2024 L4st yaar Total Fund8 2023 Accumulated funds brought forward Recognised gains and losses before transfers 65,Q55 36,204 101,259 77,664 (15.9201 282,106 286.188 23,595 49,135 318,312 367,447 101,259 Transfers baeen funds 13,024 1295,1321 {282,1081 Closlng rgvonue funds 62,159 23,180 85,339 101,269 Fixed asset funds D98ignatod Fundg 2024 RestrlGtgd Funds Total Fundfj 2024 Last ytar Total Funds 2023 2024 At 1 April Transfer Ito)Ifrom revenue funds 282,108 282.108 At 31 March 282,108 282,108 The purposes of the transfers to fixed asset funds are described in Note 19 lo the accounts and under the accounting policy 'Accounting for capital grants and fixed asset funds,. Summary of fund8 Unrestrl¢tod and Deslgnatgd fund8 2024 RtrICtsd Funds Total Fundi Last Y•ar Total Funds 2024 2024 2023 Revenue accumulated funds Fixed asset funds 62.159 282,108 23,180 85,339 282,108 101,259 Total funds 344.267 23,180 367,447 101,259 The notes attached on pages 16 to 27 form an integral part of these account6. 12
Bronte Youth & Community Centre - Statement of Financial Activities for the year ended 31 March 2024 Bronte Youth & Community Centre Income and Expenditure Account for the year ended 31 March 2024 as required by the Companies Act 2006 2024 2023 Income Income from operations 275.674 162,365 Investment income Interest receivable 1,461 368 Gro8$ incomè In the year before exceptional items 277,135 162,733 Gross Income In the yéar Includlng exceptlonal Itam8 277.135 162.733 Exponditur• Charitable expenditure, excluding depreeialion and amortisation Depreciation and amortisation Governance costs 290,777 525 1,753 137,533 525 1,080 Total Qxpenditure In the year 293.055 139,138 Net Income before tax In the flnanclal year 115,9201 23,596 Tax on surplus on ordinary activities Ngt in¢omè after tax In tho flnancial yoar (15,9201 23,595 Retaln8d surplus for the financial year {15,920) 23,595 All activities derive from continuing operations In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the 5peGial nature of the charity's activities. Tho notes attachod on pages 16 to 27 form an Intagral part of these accounts. 13
Bronte Youth & Community Centre - Balance Sheet as at 31 March 2024 SORP Ref NolO$ 2024 2023 Flxed assets Tangible assets 308,358 26,775 Current assets Debtors Cash 01 bank and in hand to B2 B4 15.385 116,764 663 168,395 Total Gurrent a558ts 132,149 169.058 Credltors: amounts falllng due within ono yoar 11 C1 6,1621 168,324 Net currant a$sets 125,987 100,734 Not assets 434,345 127,509 Creditors.. amounts falllng due after more than one year 12 C2 166,8981 126.2501 Thtr total n•t 08¥8ts of the charlty 367,447 101,259 Th• total net asfj•ts of th• charlty aro fund•d by tho fund• of the ch•rlty. as followg:. Restrlcttd funds Roslricled R8venve Funds 16 D2 23,180 36,204 23,180 36,204 Unrg$trl¢t•d Funds Unr¢stri¢led R8v6nue Fund8 16 D3 62,159 85.055 62,159 6S,055 O•slgnatod Fund$ DesSgnoled Flxed A8sel Funds 16 D3 282,108 282,108 367,447 Total charlty funds 101,259 Th8'SORP Ref indlcoled above is the classification of Balanco Sho01 items d8 801 out In the fomial SORP documents. AS required by paragraph 4.60 of the SORP, the brought forward and carried foThvard funds obove have bean agreed lo the SOFA.. Thè diraclors are satisfied that the company is gnlllled to 6x8mpllon from the requlr9ment lo obtain an audll under sedSon 477 of the Comp8nles Act 2006. The memb&rs have not required the Company to obtain sn audit in accord8n¢e with secllon 476 of the Act. The dlreclors acknowledge their responsibilities for complying with the qUIrementS ol thè Companies Act 2006 wlth respect io a¢¢ounllng e0rdS and the preparation ol accounts. The charity is subject lo Independent Examination under charity legislation, and the report of the Independent Examiner is on page 9. The financial slalemenls have been prepared in accordance wllh the provisions in Part 15 01 the Companies Act 2006. appllcable lo companigs subjèct to the small companies reglmg. A DEARY Trustee Approved by the board of trustees on 1 r 2024 Tho note5 attached on pages 16 10 27 forni an Integral part of thèse accounts.
Bronte Youth & Community Centre Cash Flow Statement for the year ended 31 March 2024 2024 2023 Cash flows from operating activities Net Gash provided by operating aGtivitr'es as shown below 229,016 116,898 Cash flows fmm investlng activities Interest received Purchase of propety, pl8nl and equipment 1,461 368 1282.1081 Net cash provlded by inve8ting activities (280,647) 368 Cash flows from financing activities Net cash provided by financlng actlvltlos Overall cash provided by all actSvltie8 A+B+C 51,631 117,264 Cash movements Change in cash and cash equivalents from activities in the year ended 31 March 2024 {51,631) 117,284 C88h and cash equivalents al 1 April 2023 168,395 80,944 Ca8h at bank and in hand less overdrafts at 31 March 116,784 198,208 Reconciliation of not Income to not cash flow from operating activitles Net income as shown in the Statement of Financial Activities 266,188 53.408 Adjustments for:. Depreciation charges Dividends. interest and rents from investments Decrease in debtors Increase in creditors, excluding loans 525 11,461) (14,7221 121,5141 525 1368) {6631 83.994 Net cash provided by operatlng actlvltle8 229,016 116.896 Analysis of cash and cash equival8nt8 2024 2023 Cash in hand at for the year ended 31 March 2024 116,764 168.395 Total cash and cash equivalents 116.764 168,395 Cash 168,395 151,631) 151,6311 151,6311 116,764 (51,6311 51.6311 Total 168.395 15
Bronte Youth & Community Centre Notes to the Accounts for the year ended 31 March 2024 1 Accounting policies Basis of preparation and accountlng conventlon The acceunts have been prepared on the accruals basi$, under the histoncal cost convention, and in accordan wlh the Financial Reportlng Standard 102, {effeclive 1st January 20161 and 'FRS 102 SORP {St8tement of Recommendgd Practice for Ac¢ounling and Reporiing by Charities) 2019, applicable to all aeKounling periods beginning on or after 1 St J8nuary 2019), (The SORPI, published by the Charity Commission in England & Wales ICCEWI , and in accordance with all applicable law in the charity's jurisdiction of registration, except that thè charity has prepared the financial statements in accordance wth the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Chariliesl 2019, applicable lo all accounting periods beginning on or after 1 st January 2019), (The SORPI, in preference to the previous SORP, the SORP 2005. which has been withdrawn, nolthStanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice. Going Concern There are no unrtaintieS about going concern. Rlsks and future assumptions The charity is a public benefit entity. Nature ol Income Gross income represents the v81ue. net of value added lax and discounts, of good5 provided to Guslomers and wor carried out in respect of $8Nices provided to customers. Categories of Incomé Income is calegorised 88 income from exchange transactions Icontracl income) and income from non-exchange transactions {gifisl, investment inwme and other income, In¢ome from exchange transactlons is réceived by the charity for goods or services supplied under contract or where entitlement is subject lo fulfilling performance related conditions. The income the charity receives is approximatèly equal in value to the goods or sèrvices supplied by the charity to the purchaser, Income from a nonllexchange tran8action is wheré the charity receives value from the donor wlhout providing equal value in exchange, and includes donations of money, goods and seNices freely given without giving equal value in exohanga. Income recognition Income, whether from exchange or non exchange transactions, 18 recognised in the statement of financial activities {SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity's assets or a reduction in its liabilities and only when the charity has legal entitlement. the income is probable and can be measured reliably. Income subject to term$ and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been mel. All income is accounted for gross, beforè deducb'ng any related fees or costs. Recognitlon of liabilities and expenditure A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits wll be required in Settlement, and when the amount of the obligation can be measured or reliably estimated.. Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure reqkjired to settle the obligation are uncertain, give rise to provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities. and is decreased by the ulilisalion of any provision within the period. and reversed if 8ny provision is no longer required. These movements are Gharged or credited to the respeGb've funds and activities to which the provision relates. 16
Bronte Youth & Community Centre Notes to the Accounts for the year ended 31 March 2024 Allocating costs to actlvltles Direct costs that are specifically related to an activity are allocated to that aclivity. Shad direct costs and support Costs are all allocatd to charitable eclivities. Volunteers In accordan¢e with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteer8. the contribution of volunteers 15 not included within thè Income of the charity. However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note6. Tangible flxed assets Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition. Depreciation has been provided at the followin9 rates in order to write off the assets to their anticipated residual value over their eslimaled useful lives, Right of use assets are depreciated over the remaing term of the lease. Construction costs and fees wll be depreciated over the remaing term of the lease oncè the works have been completed. lrnprovements and Equipment that were fully depreciated have been written off from the accounts as they will be replaced by the new construction costs. Accounting for capital grants and fixed a88gt funds. Grants of a capital nature, given for the purposes of acquiring specific assets lo be fully utilised in the furtherance of the objects of the charity, are credited lo fixed asset funds after the donated asset has been received or sums have been properly expended on the restricted purpose. Where th8 terms of the grant require the charity lo hold the asset on an ongoing basis for a speclfic purpose. then the fixed asset fund so created is calegorised as a rèstricted fixed as$at fund, and the relevant reslriclions are noted in the fixed asset note 9. Whether acquired with unrestricted or restricted funds, the asset acquired is initially shown in the balancè sheet at the full cost of acquisition or subsequent revaluation. A$ the related assets are depreciated, in accordance with the depreciation policy,in order to reflect the dimunilion in the asset,a Iransfer 18 made from the relevant fixecl asset funds to either unrestricted or restrlcled revenue funds, as appropriate to the terms of the original grant, if any. Tho offocl of this policy is that the aggregate of 211 fixéd asset funds gh811 equate to the nel book value of fixed a$s81s. In the first year that this policy was adopted, a transfer to fixed asset funds was made equivalent to the net book value of the assets. Insofar as this policy relates lo Government grants and lo th8 extent that it may be a departure from the FRS 102 SORP (Statement of Recommended Practi for Accounting and Reporting by Charities) 2019, applioible lo all accounting periods beginning on or after 1st January 20191, {The SORP}, such departure is justified on the b8SlS that it is in order to comply with the SORP. Debtors Debtors are measured at their recoverable amounts at the balance sheet d8te. Creditors and provlslons Creditors and provisions are recognised where the charity has a present obligation SuItIng from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowng for any trade discounts due. 17
Bronte Youth & Community Centre Notes to the Accounts for the year ended 31 March 2024 Financial Instruments Includlng cash and bank balances Cash held by the charity is included al the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements. Fund Accounting Unrestricted funds are available for use at the discretion of the tru8tees in furtherance of the general objectives of the charity. Designated fixed asset funds are funds earm8rked by the Trusleas for the construction costs and fees of the new development. Restricted funds are subjected to restrictions on ltrteir expenditure imposed by the donor or as implied by law. There are no end¢)wrnent funds. 2 Liability to taxation The Trustees consider that thè charity satisfies the tests set out in Paragraph 1 Schedule 8 of the Fin8nrR Act 2010 for UK corporation tax purposes. Accordingly, the Charity IS Potentially exempl from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the exient that such incomè or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the rélevant costs in Ihe Statement of Financial Activities. 3 Winding up or dissolution of the charlty If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, thè assets represented by the accumulated fund shall be transferred to some other ¢haritable body or bodies having similar objects to the charity. 4 Significance of financial in8trument$ to the charity'8 PO8itlon There are no significant implications of such matters. 6 Net surplus before tax Sn the financlal year 2024 2023 The net surplus before tax in the financial year is stated after charging'.- Depreciation of owned fixed assets Trustees, remuneration Pension costs 525 40,386 783 525 481 6 The Contribution of volunta8r8 The charity does not currently operate a formal Volunteer programme, but has benefitted from a few wonderful individuals who often support as volunteers. The arrangements with volunteers are difficult to value precisely in monetary terms and have not been recognised in the Statement of Financial Activities. The volunteers and the charity accept and agree that no contract of employment is created by these arrangements 7 Staff cost8 and emoluments Salary costs 2024 2023 Gross Salaries exGluding trustees and key management personnel Employerfs operating costs of defined contribution pension schemes 57.829 24,174 783 481 Total salaries, wages and lated costs 58,612 24,655 18
Bronte Youth & Community Centre Notes to the Accounts for the year ended 31 March 2024 Numbers of full tlme employees or full tlme equivalents 2024 2023 The average number of total staff employed in the year was No employees received emoluments {excluding pension costs) in excess of £60,000 per annum. 8 Remuneration and paymonts to Trustees and persons connected with them 2024 2023 Remunératlon payable to trustées or connectedper$ons A Deary 40,386 Totsl remuneratlon 40,386 During the year A Deary {Tru5teel acted as Project Manager lo implement the YIF Grant. This work is fully funded by the YIF Revenue Grant. The Board considered the necessary skills and resources required to deliver a successful programme and requested that A Deary undertake the Project Management role whilst remaining as a Trustee. This was ratified by the Board and 8 Contract for Services 16 in place for the duration of the funding period that runs up lo 31st March 2025. 9 Tanglblo flxed a88et8 Construction lrnprovemen costs and tsand equlpment Current Year Rlght of use assets Total Cost At 1 April 2023 Additions 46,867 28,350 75,217 282,108 146,8671 282,108 Disposals 146,8671 At 31 March 2024 282,108 28,350 310,458 Depreclation At 1 April 2023 Charge for the year On disposals 46,867 1.575 525 48,442 525 146,8671 {46,867) At 31 March 2024 2,100 2,100 Net book valuè At 31 Mar¢h 2024 282,108 26,280 308,358 At 31 March 2023 26,775 26,775 Construction costs and fees relates to the development of the land and buildings on the West side of Trowbridge Street which are subject to charge no MS27908 Secretary of State for Culture Media and Sport. 19
8ronte Youth & Community Centre Notes to the Accounts for the year ended 31 March 2024 10 Debtors 2024 2023 Prepayments and accrued income 15,385 663 11 Creditors: amounts falllng due wlthin one year 2024 2023 Accruals Other creditors 5,548 614 67,799 525 6,162 68,324 12 Credltors: amounts falllng due after one year 2024 2023 Trade creditors Other creditors 41,173 25.725 26,250 66,898 26,250 13 Income and Expenditure account summary 2024 2023 At 1 Aprll 2023 Surplus after tax for the year 101.259 (15,9201 77,664 23,595 At 31 March 2024 85,339 101,259 14 Rolatod party tranGactlon6 In addition to trustees, remuneration which is fully disclosed in the notes above, Laura Cain, employed as Centre Manager. is the daughter of Bernard McNally, a trustee. 15 Particular8 of how particular funds are repr88énted by assets and Ilabilities At 31 March 2024 Unrostrictgd fund8 D••ignat•d funds Rostrictsd fundB Total Fundts Tangible Fixed Assets Current Assets Current Liabilities Long Term Liabilities 26,250 108.969 16.162} 166.898) 282,108 308.358 132.149 {6,162) (66.8981 23,180 62,159 282.108 23,180 367,447 At 1 April 2023 Unrestrl¢tgd funds Deslgnatsd funds Rostrlctèd funds Total Fund$ Tangible Fixed Assets Current Assets Current Liabilities Long Term Liabilities 26,775 132,854 168,324) 126,2501 26,775 169,058 {68,324) 126,250) 36,204 65,OS5 36,204 101.259 20
Bronte Youth & Community Centre Notes to the Accounts for the year ended 31 March 2024 16 Change in total funds over the year as shown in Note 15 , analysed by individual funds Fund8 brought Movoment In forward from fundg in 2024 2023 Transfern bgtwe•n funds in 2024 Funds carrlgd forward to 2025 See Note 17 So0 Note 18 Unrestrlctod and deslgnated funds... Unrestricted Revenue Funds Designated Fixed Asset Funds 65,055 115,920) 13,024 282.108 62,159 282,108 Total unrestrlcted and dé9ignatod funds 65,055 115.920) 295,132 344,267 Restrlcted funds... YIF Pre Construction Grant Liverpool City Council Pocket Park PH Holt Foundation Liverpool City Council Youth Worker 282,108 1282,1081 15,500 7,680 13,024 15,500 7,680 (13,024) Total restricted funds 36,204 282,108 295,132 23,180 Total charlty funds 101,259 266,188 367,447 17 Analysis of movement8 in funds over the year a8 8hown in Note 16 Other G8in$ & Losses 2024 In¢om• ExndItUre Mov•mont In fund$ 2024 2024 2024 Dèsignated Flxed Asset Funds Unrestricted Revenue Funds 72.375 188,295} {15.920) Restrlcted funds... YIF Pre Construction Grant YIF Revenue Grant 282,108 204,760 282,108 {204,760) 559,243 293,055 266,188 18 Details of transfers between funds The transfers shown in nota 16 above are... 2024 To Unrestricted Revenue Funds 13,024 282,108 To Design8led Fixed Asset Funds From Restricted Revenue Funds 1295,1321 Net transfers 21
Bronte Youth & Community Centre Notes to the Accounts for the year ended 31 March 2024 19 The purposes for which the funds as detailed in note 16 are held by the charity are:. Unrestrlcted and deslgnated funds... Unrestricted Revenue Funds These funds are held for the meeting the objectives of the charity. and to provide reserves for future activities. and subject to charity legislation, are free from all restrictions on their use. These funds relate to the development of the land and buildings to the West side of Trowbridge Street. Designated Fixed Asset Funds Restrieted funds... Liverpool City Council Pocket Park Contribution towards the clearing and gardening on a derelict sit8. PH Holt Foundation Contribution towards the Bronte 'Elders & Family Autism, project. YIF Capital and Revenue Grant This major grant from the Youth Investment Fund is to.. 1) Create. expand and improve local youlh facilities and their services, in order to drive positive oulcomes for young people, including improved mèntal and physical wellbeing, and skills for life and work., 21 buildlpreserve youth facilities that are fil for purpose in left behind areas including having a developed business plan by March 2025 to make the facility financially sustainable and undertaking Iraininglcapability building lo improve their markeling and revenue generation skills by 31st March 2025.. 31 develop environmentally sustainable youth facilities., 41 drive improvements in youth sector capability 51 improve access, participation and short-term wellbeing of young people including having al least one trained workerlvolunteer trained to a recognised qualification in youth work within 12 rnonths ol opening., and 6) improve the eviden¢g base for the youth sector. 20 Ultimate controlling party The charity 18 under the control of its leg81 members. 22
Bronte Youth & Community Centre Detailed analysis of income and expenditur8 for the year ended 31 March 2024 as required by the SORP 2015 21 Donations and Grants Currant year Unrèstricted Funds Curront year Restrictod Fund Cuirnnt yoar Total Funds Prlor Year Total Funds 2024 2024 2024 2023 Donations and gifts from individuals 9,867 9,867 27,484 Total donations and gifts from individuals 9,867 9,867 27,464 Currènt y••r unrostrictod Fund6 Current year RestrlctO11 Fund$ Curront yO•f Total Funds Prlor Year Totsl Funds 2024 2024 2Q24 2023 Rèvenue grant6 from govèmment and public bodles YIF Revenue Grant YIF Pre Construction Grant Liverpool City Council Youth Service Liverpool City Council Sessional Workers Merseyside Play Action Council Department for Education Holiday 204,780 204,760 72,197 18,680 7,884 19,212 6,801 18.680 8,225 8,500 18,364 18,680 6,225 8,500 18,384 Total public sector revenue grants 51,769 204,760 256,529 124,864 Revenue grants from government and publlc bodlo8- Prlor Year analys58 Prior Yèar Unro•tricted Funds Prlor Y•or Rostri¢tod Fund8 Prlor Yoar Toial Fund8 2023 2023 2023 Prlor Year 7,885 116.979 124,864 Current yr Unr?¥tri¢t•d Funds Current y•¥r Curront yèar Total Funds Prior Ytar Total Funds Funds 2024 2024 2024 2023 Revenue grants and donatlons from non public bodles Asda Foundation 1,015 Total private sector revenue grants 1,015 23
Bronte Youth & Community Centre Detailed analysis of inGome and expenditure for the year ended 31 March 2024 as required by the SORP 2015 Currgnt year unrestri¢t8d Fund8 Current ygar Kostricteci Funds Currènt yèar Total Funds Prior Ye8r Totsl Funds 2024 2024 2024 2023 Capitsl grants from government and public bodies YIF Capital Grant 282,108 282,108 Totsl public 8eCtor capital grants 282,108 282.108 Total Donations and Grants Total Donations and Grants A1 61,636 486,868 548,504 153,343 Unre#trlctod Funds 2023 R98trlci8d Funds 2023 Prlor Yèar Tolal Funds 2023 Prlor year Total Donations and Grant8 A1 36,364 116,979 153,343 22 Incomo from charitable activities - Tradlng Actlvltl8s Current year Current year Unrè$trl¢tgd Funds 2024 Current year RgStrict•d Funds Curwnt yejr Total Fund8 Prlor Year Totsl fund# 2024 2024 2023 Prlmary purpose and anclllary tradlng Activities Income Room hire 8,780 498 8,780 498 8,902 120 Total Primary purposè and anclllary trading 9.278 9,278 9.022 23 Total Income from charltable actlvltle$ Current year unrestri¢teo Funds Currgnt yoar estricted Fund8 Current year Total Fund8 Prior Year Current year Toial Funds 2024 2024 2024 2023 Total income from charitable trading 9,278 9,278 9,022 Total from charltable activities A2 9,278 9,278 9.022 24
Bronte Youth & Communlty Centre Detailed analysis of income and expenditure for the yoar ended 31 March 2024 as required by the SORP 2015 24 Inve8tmont income Currnnt yoar unrestrictgd Funds Curront yoar rtestrictgd Fund8 Curront year Total Fund8 Prior Yoar Totsl Funds 2024 2024 2024 2023 Bank Interest Receivable 1,461 1,461 368 Total investment incoma A4 1.461 1,461 368 25 Expenditure on charitable activitles - Direct spending Currgnt yDar unrestriGtgd Funds Curront year KO8irictga Fund8 Currènt ye8r Prlor Year Total Fund8 Totsl Funds Current Year 2024 2024 2024 2023 GTOSS wages and salaries - charitable activities Defined contribution pension costs charitable activities Travel and Subsistents- Charitable Activities Activities, trips, food and residential Pre¢onstruction grant repair work YIF engagement Sessional fees 12,989 44,840 57,829 24,174 783 783 581 581 32,459 200 32,659 25,661 77,201 9,426 5.935 11,680 21,106 5,935 1,200 Total direct $Pondlng B2a 82,173 56,720 118,893 128,707 Prlor Y•ar unre51riGIo0 Funds Prlor Y#ar Kèstrictha Funds Prlor Yèar TotAI Fund8 Prior Year 2023 2023 2023 Gross wages and salaries - charitable activities Activities, trips, food and residential Preconstruction grant repair work 4,732 19,442 24,174 25,651 77,201 25.651 77,201 Total direct spending B2a 6,413 122,294 128,707 25
Bronte Youth & Community Centre Detailed analysis of income and expenditure for the year ended 31 March 2024 as required by the SORP 2015 26 Support costs for charitable activities Current year Unrestrictad Fund8 Currgnt year ostricied Fund8 Current year Prior Year Total Funds Totsl Funds Current Year 2024 2024 2024 2023 Employee costs not included in direct costs Training and welfare - staff Recruitment expenses HR costs 12 396 528 1.701 2,283 540 2,097 2,283 Premises Expenses Rates and water charges Light heat and power Clèaning and waste management Premises repairs, rènewals and maintenance 931 9.206 706 931 9.206 706 2,073 3.011 890 240 4,958 90 4,718 Administrative overheads Telephone and inlernel Stationery and printing IT support and consumables Advertising and marketing Insurance Sundry expenses Project Managernenl 327 327 885 5,653 18,048 1,534 251 99,178 540 70 28 1,534 45 284 5,583 18.020 1,596 401 206 98,894 Pmfessional fees paid to the Auditor or Independent Examlner In addltlon to audit and examination fees As detailed in Note 27 7,303 7,303 121 Professional fees paid to advisors other than th• auditor or •xamlner Other legal and professional 4,544 13.282 17,826 Fln8nclal costs Bank and card charges Depreciation & Amortisation in total for the period 158 158 104 525 525 526 Support costs before reallocatlon 24,369 148,040 172,409 9,351 Total support costs - Current Year 24,369 148,040 172,409 9,351 26
Bronte Youth & Community Centre Detailod analysis of income and expenditure for the year ended 31 March 2024 as required by the SORP 2015 27 Other Expenditure - Governance costs Curr¢nt al unrestricteu Funds Current ygar trictOU Funds CuTrgnt y•¥r Totsl Funds Prlor Yoar Total Funds Cuffent Year 2024 2024 2024 2023 Independent Examinèr's fees Board costs 1,080 673 1.080 673 1,080 Total Governance coBts 1,753 1,753 1,080 Professional fees paid to the Audltor or Independent Examiner in addltlon to audit and examination fees Curr•nt yèar Unrg8trl¢t8d Fund8 Curr•nt yèar Rg8lrict•d Fund8 Current year Prlor Ygar Total Fundj Totsl Fund# 2024 2024 2024 2023 Other financial services 7,303 7,303 121 Total addltlonal fees Included in 3UPPOrt costs at Note 26 7,303 7,303 121 28 Total Charitable expenditur• currontYr Unr9StrsGIgU Funds 2024 Curr•nt year K95trictgU Fund8 2024 Currnnt year Total Funds Prior Year Total Funds Current Year 2024 2023 Total direct spending Total support costs Total Governance ¢ost8 B2a B2d B29 62,173 24,369 1,753 56,720 148,040 118,893 172,409 1.763 128,707 9,351 1,080 Totsl eharltablè oxpènditurè B2 88.295 204,760 293.055 139,138 Prlor Year unrestrictea Funds Prlor Year K88tnctod Fund8 Prlor Year Total Funds Prior Year 2023 2023 2023 Total direct spending Total support costs Total Governance wsts 82a B2d B2e 6,413 9,351 1,080 122,294 128,707 9,351 1,080 Total charitable expendlture B2 16,844 122,294 139.138 27
Bronte Youth & Community Centre Detailed analysis of income and expenditure for the year ended 31 March 2024 as requirad by the SORP 2015 DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 (This page does not fom7 part of the statutory financlal statements) Total 2024 2024 Restated 2023 INCOME YIF Grant income other grant Income Oonations Activities income 486,868 72,197 53,682 27,584 9,270 51,768 11.338 9,271 72.374 Toial Income 559.242 162,733 YIF-CAPITAL EXPENDITURE 282,108 EXPENDITURE Oporatlng Costs YIF Revenue Costs Charitablo actlvitie8 Staff salary Gosls Activities, trips, foocl and resldentlal YIF Activity ¢OSts Sessional fees Legal and Professional Fees Project Management Fee5 Pre construction grant repair work Repairs and maintenance Heat and light General and water rates Advertising and marketing IT Costs In$uranGe Accountancy Depreciation on right of use lease General Expenses 23,659 32,189 500 5,935 4,544 284 34,953 200 20,606 24,655 25,651 1,200 13,282 98.894 77,201 2,622 1.879 2,074 4.718 8.966 1,171 28 70 1,S34 119 525 4,053 88,294 240 18,020 5,583 1,S98 1,080 525 656 8,264 4,718 204,760 293,054 Total expendlture on charltable activities restated 139,138 Net Incomel(expenditurel for year restated 115,9201 23.595 28