||||Pages| |---|---|---|---| |Trustees'
Annual
Report|||2to4| |Independent|Examiner's|Report|5to 5| |Statement of|Financial Activities||6to 6| |Balance Sheet|||7to7| |Notes to the Accounts|||8to 10| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Company|No.|07684229|07684229|07684229|Notes|2022|2021| |---|---|---|---|---|---|---|---| |||||||6|6| |Current assets|||||||| |Debtors|||||||13,590| |Cash at|bank|and||in hand||37,485|32,209| |||||||37,485|45,799| |Creditors:|Amount||falling due within one year||10|(1,163)|(532)| |Net current assets||||||36,322|45,267| |Total assets less||current liabilities||||36,322|45,267| |Creditors:|Amounts|||falling due after more than one year|11|(6,500)|(8,500)| |Net assets|excluding|||pension asset or liability||29,822|36,767| |Total net assets||||||29,822|36,767| |The funds|ofthe|charity|||||| |Restricted|funds||||12||| |Restricted
income funds|||||||7,684| ||||||||7,684| |Unrestricted
funds|||||12||| |General|funds|||||29,822|29,083| |||||||29,822|29,083| |Reserves|||||12||| |Total funds||||||29,822|36,767| ## ## |adequate
resources
accounts have been|adequate
resources
accounts have been|to continue
in operational
existence forthe forseeable futu
prepared
under the going concern basis.|r|e. As such these|| |---|---|---|---|---|---| |Fund accounting|||||| |Unrestricted|funds|These are available for use at the discretion ofthe trustees||in furtherance
ofthe|| |||general objects ofthe charity.|||| |Designated|funds|These are unrestricted
funds earmarked
by the trustees for particular
purposes.|||| |Revaluation|funds|These are unrestricted
funds which
include
a revaluation|reserve representing||the| |||restatement
of investment
assets at their market values.|||| |Restricted funds||These are available for use subject to restrictions
imposed||by the donor or through|| |||terms ofan appeal.|||| |Income|||||| |---|---|---|---|---|---| |Recognition|of||Income is included
in the Statement of Financial Activities
(SoFA) when the||charity| |income|||becomes entitled to, and virtually
certain|to receive, the income and the amount of|| ||||the income can be measured
with sufficient
reliability.||| |Income with|related||Where income has related expenditure
the income and related expenditure||is| |expenditure|||reported gross in the SoFA.||| |Donations
and|||Voluntary
income received
by way ofgrants, donations
and gifts is included||in the| |legacies|||the SoFA when receivable and
only when|the Charity has unconditional|| ||||entitlement
to the income.||| |Tax reclaims|on||Income from tax reclaims
is included
in the SoFA at the same time as the||| |donations
and||gifts|gift/donation
to which
it relates.||| |Donated services|||These are only included
in income (with an equivalent
amount
in expenditure)||| |and facilities|||where the benefit tothe Charity
is reasonably
quantifiable,
measurable
and||| ||||material.||| |Volunteer
help|||The value ofany volunteer
help received|is not included
in the accounts.|| |Investment|income||This is included
in the accounts when receivable.||| |Gains/(losses)||on|This includes
any gain or loss resulting
from revaluing
investments
to market value||| |revaluation|of|fixed|at the end ofthe year.||| |assets|||||| |Gains/(losses)||on|This includes any gain or loss on the sale|of investments.|| |investment|assets||||| |Expenditure|||||| |Recognition|of||Expenditure
is recognised
on an accruals|basis. Expenditure
includes
any VAT which|| |expenditure|||cannot be fully recovered,
and is reported|as part ofthe expenditure
to which it|| ||||relates.||| |Expenditure|on||These comprise the costs associated
with|attracting
voluntary
income, fundraising|| |raising funds|||trading costs and investment
management|costs.|| |Expenditure|on||These comprise the costs incurred
by the|Charity
in the delivery ofits activities and|| |charitable
activities|||services
in the furtherance
of its objects,|including the making ofgrants and|| ||||governance
costs.||| |Grants payable|||All grant expenditure
is accounted for on|an actual paid basis plus an accrualfor|| ||||grants that have been approved
by the trustees at the end ofthe year but not yet||| ||||paid.||| |Governance|costs||These include those costs associated
with|meeting the constitutional
and statutory|| ||||requirements
ofthe Charity,
including
any audit/independent
examination||fees,| ||||costs linked tothe strategic management|ofthe Charity, together
with a share of|| ||||other administration
costs.||| |Other expenditure|||These are support costs not allocated to a particular
activity.||| ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Restricted|| |---|---|---|---|---|---|---|---| ||||||funds|funds|Total funds| ||||||2021|2021|2021| |Income and endowments|||from:||||| ||Donations
and legacies||||48,070|42,651|90,721| ||Charitable
activities||||9,031||9,031| |Total|||||57,101|42,651|99,752| |Expenditure
on:|||||||| ||Charitable
activities||||13,116||13,116| ||Other||||14,710|43,577|58,287| |Total|||||27,826|43,577|71,403| |Net|income||||29,275|(926)|28,349| |Transfers
between
funds|||||3,143|(3,143)|| |Net income before other
gains/(losses)|||||32,418|(4,069)|28,349| |Other gains and losses:|||||||| |Net|movement
in funds||||32,418|(4,069)|28,349| |Reconciliation offunds:|||||||| |Total funds brought forward|||||(3,335)|11,753|8,418| |Total funds carried forward|||||29,083|7,684|36,767| |4|Income from donations||and legacies||||| |||||Unrestricted|Restricted|Total|Total| |||||||2022|2021| ||||||||f| ||Grants and Donations|||10||10|14,265| ||BNI Links Donations||||||21,157| ||HMRC Job Retention|Scheme|||||2,683| ||Sefton MBC|||10,000||10,000|10,050| ||Hoare Trustees
Fund||||||4,712| ||Liverpool
City Region|Grant|||||3,600| ||Workers Employment
Association
Fund||||7,836|7,836|18,294| ||PWC LLP YCSF Grant||||||10,960| ||Canal & River Trust||||||5,000| ||Children
In Need|||14,045||14,045|| ||City of Liverpool|||3,000||3,000|| |||||27,055|7,836|34,891|90,721| ## ## ||||||||Unrestricted|Total|Total| |---|---|---|---|---|---|---|---|---|---| |||||||||2022|2021| |||||||||E|| ||Activity Fees||||||35,416|35,416|9,031| ||||||||35,416|35,416|9,031| ||||||||70,832|70,832|18,062| |6|Expenditure||on charitable||activities||||| ||||||||Unrestricted|Total|Total| |||||||||2022|2021| |||||||||E|E| ||Expenditure|on charitable|||||||| ||activities||||||||| ||Activity Fees||||||5,252|5,252|13,116| ||Governance|costs|||||||| ||||||||5,252|5,252|13,116| |7|Other expenditure||||||||| |||||||Unrestricted|Restricted|Total|Total| |||||||||2022|2021| ||Employee costs|||||26,030|15,520|41,550|40,433| ||Motor and travel costs|||||695||695|680| ||Premises costs|||||3,540||3,540|| ||General administrative|||costs||24,978||24,978|13,060| ||Legal and professional|||costs||1,237||1,237|4,114| |||||||56,480|15,520|72,000|58,287| |8|Staff costs||||||||| ||||||||2022||2021| ||Salaries and|wages|||||9,528||11,870| ||Socialsecurity||costs||||38||| ||Pension costs||||||187||35| ||||||||9,753||11,905| ||No employee||received|emoluments||in excess ofE60,000.|||| |9|Debtors||||||||| ||||||||2022||2021| ||||||||E||E| ||Trade debtors||||||||13,590| ||||||||||13,590| ## ## |Not
10|es to the Accounts
Creditors:|es to the Accounts
Creditors:||||| |---|---|---|---|---|---|---| ||amounts
falling due within one year|||||| |||||2022||2021| |||||f||| ||Otherloans|||1,000||1,000| ||Othertaxes|and social security||(20)||(606)| ||Accruals|||183||138| |||||1,163||532| |11|Creditors:|||||| ||amounts
falling due after more than one year|||||| |||||2022||2021| |||||f||f| ||Otherloans|||6,500||8,500| |||||6,500||8,500| |12|Movement|in funds||||| |||||Incoming||| |||||resources||At 31| ||||At 1January|(including
other
gains/losses|Resources
expended|December
2022| ||||2022|)||| |||||f||| ||Restdcted funds:|||||| ||Restricted income funds:|||||| ||Workers Education|||||| ||Association||4,220|7,836|(12,056)|| ||Canal &River Trust||3,464||(3,464)|| ||Total||7,684|7,836|(15,520)|| ||Unrestricted|funds:||||| ||General funds||29,083|62,471|(61,732)|29,822| ||Totalfunds||36,767|70,307|(77,252)|29,822| ## |Analysis o|fne|t assets|between
funds|||||| |---|---|---|---|---|---|---|---|---| ||||||||Unrestricted|| |||||||||Total| ||||||||funds|| ||||||||f|f| |Net current assets|||||||36,322|36,322| |Creditors due
provisions||in more|than one year and||||(6,500)|(6,500)| ||||||||29,822|29,822| |Reconciliation||ofnet|debt|||||| |||||||||At31| |||||||At 1January||December| |||||||2022|Cash flows|2022| |||||||f|f|f| |Cash and cash||equivalents||||32,209|5,276|37,485| |||||||32,209|5,276|37,485| |Borrowings||||||(9,500)|2,000|(7,500)| |||||||(9,500)|2,000|(7,500)| |Net debt||||||22,709|7,276|29,985| |Commitments||||||||| |Operoting|leose commitments|||||||| |Annual
commitments|||under non-cancellable|operating|leases|are as follows:||| ||||||2022|2022|2021|2021| |||||Land|and||land and|| |||||||Other||Other| |||||buildings|||buildings|| ||||||f||f|| |Operating|leases with||expiry date:|||||| |Pension commitments||||||||| |||||||2022||2021| |||||||||f| |The pension cost charge tothe company||||||||| |amounted|to:|||||187||35| ## ## ##