Docusign Envdope ID.. fj13E999&72FG4623-BB9F_85BE95EgC8C5 SUSTAINABILITY DEVELOPMENT ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ST ENDED 31 MARCH 2025 Company Number: 06965360 Charity Number: 1157064
Doc51gn Envelope ID.. 113E99g72Fc623-BBgF-8SBE95E9G8C5 SUSTAINABILITY DEVELOPMENT CONTENTS Page Trustees, Annual Report Statements of Trustees, Responsibilities Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10
Docusign Envelope ID.. 113E999B-72FC462MB9F-85BE95E9C8CS SUSTAINABILITY DEVELOPMENT ST st The trustees are pleased to present their annual report for the year ended 31 March 2025. The financial statements comply with the Charities Act 2011, Companies Act 2006, Accounting and Reporting by Charities; Statement of Recommended Practice (SORP 2019) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard st applicable in the UK and Republic of Ireland IFRS102) (effective from 1 January 2019). OBJECTIVES AND ACTIVITIES Our Charity's work is focused on low Income and unemployed people to access skills and support, to improve their lives. Our service covers NEET (Not in Education, Employment, or Training) and ethnic minority groups, for example, from Europe and other parts of the world (including refugees and asylum seekers). The Trustees seek to ensure that the needs of these diverse groups of people are appropriately addressed. The Trustees are familiar with the practical work of the charity and are encouraged to attend regular training and update sessions. In so far as it is complementary to the charity's objects, the charity is guided by both local and national policies. Advice from local organisations has proved invaluable to the charity in establishing improved links within the community and identifying relevant policy developments and prospective funding streams. In considering the objectives and activities, the Trustees have considered Charity Commission guidance on Public Benefit to ensure that the organisation is meeting its Public Benefit requirements. The principal objects and activities of the organisation in the year under review continued to focus on the provision of facilities and services in the following areas. 1] To advance health and well-being by promoting healthy eating and a healthy lifestyle. 2] The relief of poverty 3] To advance education 4] To protect the environment through the promotion of renewable energy, recycling and sustainable development. 5] The promotion of racial and religious harmony, equality and diversity for the public benefit by promoting activities to foster understanding between people from diverse backgrounds and to promote good relations by promoting knowledge and mutual understanding between different racial and religious groups. 6] The advancement of citizenship and community development by promotion of volunteering and promotion of community capacity building. The target group includes ethnic minority communities and people of diverse cultural backgrounds and faiths of age group {4-65} years, for example, from Europe and other parts of the world {including refugees and asylum seekers). The charity seeks to assist the above groups of people to develop their spiritual, mental, and physical capacities so that they are able to improve their economic and financial independence. In achieving these objectives, the charity works in partnership with other organisations to ensure an appropriate range of services are available that best meet the needs of our service users.
Doeusign Envelope ID." 113E999&72FC4623-BB9F-85BE95E9C8C5 SUSTAINABILITY DEVELOPMENT ST ACHIEVEMENTS AND PERFORMANCE April 2024 - March 2025 has been a year of hard work, continuous quality improvement & unavoidable challenges such as: (i) Cost of Living Crisis; (li) Health & Social Care crisis. (iii) Digital Inequality; {iv) Poverty & Homelessness. The organisation worked relentlessly by using all the staff, volunteers and trustees for its service delivery. Based on the review of our SWOT (Strength, Weaknesses, Opportunities and Threats) analysis records for the organisation we were able to determine what was needed for effective and successful operation to achieve the required outcomes in the period for this report. We completed, reviewed and wrote final reports for the project funded by: [1] Multiply Fund entitled 'Numeracy Skills Learning with Al {Artificial Intelligence) Tools,. [21 The project funded by Community Fund - Big Lottery is ongoing and entitled Tackling Cost of Living Crisis & Embracing Skills Upgrade,. Before the above two, we executed a project funded by: [1] Liverpool Charity and Voluntary Services (LCVS) entitled 'Digital Skills Development," [2] UK Shared Prosperity Fund (UKSPF) entitled 'Digital Connectivity in Community Facilities,. We delivered additional projects from: (i) Working at Home Virtually and Media Content, funded by ESF Community Grant, Donation and Crowdfunding. Some other projects previously delivered are: HF (Heritage Fund) entitled: 'Traditions of Black & Racial Minority, with a focus on traditional marriages (storieslexperiences) from different countrieslcultures. The storieslexperiences were digitally recorded and transcribed for learninglhearing with new audiences. The goal is to archive the documentstion for posterity. Also, previously carried out was the project entitled: 'Heritage of Migrants, funded by the Heritage Fund. The project was about undocumented and unshared heritage of rnigrants including refugeeslasylum seekers in Liverpool. We continued our main project 'Music Workshop & Recreation, which was formerly funded by Big Lottery Reaching Communities. This time the target number of beneficiaries was reduced in comparison to previous years but maintained at about 26 peoplelyear both BRM & WB (Black and Racial Minority & White British) people. The beneficiaries that registered with us originate from different countries. Some of the beneficiaries (about 25) moved on to colleges, jobs and to other cities. Some who moved to other cities do call us back to request for our branches in those cities so that they could still attend and introduce their friends and families. That response continues to give us satisfaction of good achievement that our service delivery is well appreciated. Also, there were lessons learned from delivering our projects. For example, we learned that the average time most beneficiaries spend on the project was about 12months before moving on. The learning led to changes being made during the project. This taught us to consider the timeline & design both short-term {12months) and long-term (above 12 months) service delivery programmes for the project. [1] Short-term: basic LiteraGylNumeracy, Digital Content and Music skills. [11] Long-term: includes individual needs analysis & career-path development. [111] Information Communication Technology (ICT) skills development, including GAI (Generative Artificial Intelligence). [iv]Volunteeringg work experience and placement arrangements. VOLUNTEER OPPORTUNITY: The projects offered volunteer opportunity to members of the community for participation and volunteer time. Online access would provide further opportunity for participants to exhibit the work such as memorieslexperiences that would otherwise not find that opportunity.
DoCugn Envelope ID". 113E9998-72FS23-BB9F-8sBE9sE9C8Cs SUSTAINABILITY DEVELOPMENT ST FINANCIAL REVIEW Total income for the year was £62,927 (2024: £19,453) of which £44,368 (2024: £11,543), related to funding for projects upon which restrictions are placed. Total expenditure for the year was £42,042 (2024: £16,840), leaving a surplus for the year of £20,88512024: surplus of £2,613) st At 31 March 2025 the charitable company's reseNes stood at £39,376 {2024: £18,491) of which £38,894 (2024: £22,691) represented restricted funds. RISK MANAGEMENT The Trustees have conducted a review of the major risks to which the charity is exposed and, where appropriate, systems and procedures have been established to mitigate the risks the charity faces. External risks from funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff. volunteers, service users and visitors to the premises. standards are monitored both internally and externally to ensure consistent quality of service delivery for all operational aspects of the charity. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charitsble company. RESERVES POLICY It is the policy of the charitable company to maintain unrestricted funds, which are free reserves. at a level that will cover redundancy provision and allow the charity to continue its activities for a three-month period should no further funding be received. At the end of the financial year unrestricted funds totalled a surplus of £482 comprising of £3,024 tangible assets, leaving a deficit reserve of £2,542. The charitable company requires £351 for redundancy provision and £3,469 for three months running costs, (total £3,820). The trustees plan to increase the level of unrestricted reserves by organising: (1) Fund raising events, (2) Crowdfunding, and (3) Donations. PLANS FOR THE FUTURE Experience gained so far will enable us to carry out more in-depth risk assessment for effective and adequate plans towards the future. We hope to continue to make positive progress and be in a better financial position to support our beneficiaries in the community. The Trustees of the charity will continue to run the organisation to provide good quality service to our service users and at the same time apply for appropriate funding including Crowdfunding to run new projects. We will continue to improve our online TraininglLearning delivery system for our projects. We will review and develop services in line with feedback from our end of year evaluation & advice from our funding officers and partners, ensuring that we remain good-quality-led and needs-led. STRUCTURE, GOVERNANCE AND MANAGEMENT Sustainability Development is a charity company limited by guarantee (registered in th England and Wales, No: 06965360). incorporated on 17 July 2009 and registered as a th charity on 15 May 2014.
Docusign Envelope ID.. 113E9998-72FG462&BB9F-85BE95E9C8C5 SUSTAINABILITY DEVELOPMENT TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Gcveming Instruments under which Ihe charitablg company operates cornpriso Ihe Memorandum and ATticles of Associalion dated 17th July 2009 and amended by speclal re501ution on 17th April 2014 logelher with Ihe pollcies made froTll tlme to lime by the Trustees. The Trustoe meet regu18rly and are responsiblo for the strateglc direcllon and policies of lh8 charity. Staff, bèneficlaries and volunteers are Invited to attend these meeting5 but have no voting rights. A scheme of delegation is in place and day to day responsibility for the provlsion of ihe seNlce5 rest with the Project Leader{s) and finance and administratlon staff. There is shared responsibility for ensurlng that the charity delivers the services specified. that key pÈrfomiance indicators are met and that the slaff loam conlinues to develop their skills and working pra¢lices in lina wilh good practlce. REFERENCE AND ADMINISTRATIVE DETAILS NAME Sustainabilty Development COMPANY NUMBER 06965360 CHARITY NUMBER REGISTERED FFICE: 1157064 30 Holland Street Liverpool, Merseyslde L7 OJQ Dr J O Akomode K KokoTuwe O OrnoeftrOkoTO O Onowighose K Kokoruwe TRUSTEES COMPANY SECREfARY: INDEPENDENT EXAMINER Ying Huang. ACCA cjo LCVS, 151 Dalè Str8et Liverpool L2 2AH Bardays Bank Plc. Le1$18r branch LE87 2BB BANKERS: Slgnod on behalf of the Board of Trustees Dr J O Akomode, Trustee
Docusign Envelope10.' 113E999&72FC4623-BB9F-85BE95E9C8C5 SUSTAINABILITY DEVELOPMENT STATEMENT OF TRUSTEES, RESPONSIBILrriES The trustees (who are also directors of Sustainabilty Development for Ihe Pufpose of company law) are also respon51ble for preparing the Trustees, Report and the financial statements In accordance with applicable law and Unlted Kingdom Accounting Standards (United Kingdom Generally Accepled Accounting Practice). Company law requires the trustees to prepare financial statements for eath financial year that give a true and fair view of the state of affairs of the charitable company and of its income and expenditure for Ihe period. In preparing those financial statements, the trustees are required to: seleci suilable 8ccounting policies and Ihen apply them consistenlly. observe the methods and principles in the ChaTilies SORP. make judgements and eslimates that are raasonable and prudent. prepare the financial statements on the going concern basls unless it is inappropriate to presume that the company will ¢>)ntinu8 as 8 going concem. state ether appliLxble a¢xountir¥J stsndard have been followed, subject to any matefial departure disdosed and explained in th8 finandal ststements. The Trustees are responsible for maintaining propeT accounting records whlch disclose with reasonable ac(raCY at any lime the financial posilon of the charTtable cornpany and enable thern to ensure that the financial 51alements comply with the Companies Act 2006. They are also responsible for safeguardlng the ass818 of the Gharilable company and hence for tsking reasonable steps for the pr8ventKin and delection of fraud and other irregularilles. This report has been prepared In accordan(% wlth the Charities Act 2011, Companles Act 2006, Accounting and Reporting by Charittes; Statement of Recommended Practice (Sorp 2019) appllcable to charitles preparing thelr accounts In accordance with the Financial Reporting Standard applicable In the UK arwj Republic of Ir81and (FRS102) (effective 1s1 January 2019). By Ihe Onler of tho board. PP: 3: 1¥k0)I)c iir J O Akomodo Trust99 30 Holland Street Liverp(y)I L7 OJQ IÉ. [ .[-. [ LOLS
DooJgn Envelope ID.. 113E999&72FC4623-BBgF-85BE95E9C8C5 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SUSTAINABILITY DEVELOPMENT I report on the accounts of the charitable company for the year st ended 31 March 2025, which are set out on pages 8 to 19. Res ective The trustees {who are also the directors of the company for the res onsibilities of purposes of company lawl are responsible for the preparation of trustees and examiner 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, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5){b) of the 2011 Act, and to state whether particular matters have come to my attention. 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 a comparison of the accounts presented with those records. It 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 'true and fair, view and the report is limited to those matters set out in the statement below. Inde endent examiner's ststement In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in, any material respect, the requirements: to keep accounting records in accordance 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 to enable a proper understanding of the accounts to be reached. Mrs Ying Huang Relevant professional qua Ication or body: ACCA Address: clo LCVS 151, Dale Street, Liverpool, L2 2AH Dated: 19 Dec£mber 2025 2EBDIB6
Docusign Envelope ID.. 113E9g972FCA623-BB9F.85BE95E9CeC5 SUSTAINABILITY DEVELOPMENT STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME & ST Notes Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 Income and endowments from: Donations and legacies Charitable activities Investments 3a 3b 3c 18,553 18,553 44,368 7,528 11,918 44,368 Total income 18,559 44,368 62,927 19,453 Expenditure on: Charitable activities 13,877 28,165 42,042 16,840 Total expenditure 13,877 28,165 42,042 16,840 Net {expenditure)lincome, net movement in funds 4,682 16,203 20,885 2,613 Total Funds brought forward 9, 10 (4,200) 22,691 18,491 15,878 Total Funds carried forward 8-10 482 38,894 39,376 18,491 The notes on pages 10 to 19 fomi part of these accounts. All the above amounts relate to continuing activities of the charitable company.
D(lls19n Envelope ID.. 113E9998-72FG462&BB9F45BE95E9C8C5 SUSTAINABILITY DEVELOPMENT BALANCE SHEET AS AT 31MT MARCH 2025 Company Numbor. 06965360 Notes 31•1 March 2025 31•1 March 2024 Flx•d asBet8 Tan9ibl8 fixed assets 15.909 19.340 Currnnt assets Debtors Cash at bank and in hand 25.564 2,271 25.564 2,271 Current Ilabllltles Credllors: amounts f811ing due within one year (2,097) (3.120) Net currnnt a5set8 23.467 (849) Total assets 39,376 18,491 Funds: Unrestricted funds Restricied funds 482 38,894 (4.200) 22.691 8.10 39,376 18.491 These financlal slatements have been Prepared In accordance with Ihe Flnandal Reporting Stsndard applicable in the UK and Republ of Ireland IFRS102). These accounts have been prepared in accordanc8 wilh the ptovisions appli(2bla to small companles subjed to Iha small cimnpanles. Teglrne and In accordance wlth FRS102 ' SORP. For the period covered by these accounts thg company vras enlTUed to exemption under sèction 477 of the Companle5 Act 2006 relating to small c£thpanies. No members have requlrad the a>mpany to obtsln an audit of ils accounts for the year in question In aCCrdan(* sedion 476 of the Companies Ad 201%. The trustees. who are the directors of th& company. acknowledge thelr responsibility for complying with the requlrements of the Act with respect to accounting records and the preparation of financlal statements. Approvèd by the Board on .... . and slgnod on thalr behalf by: Dr J O Akomod• Trusteo O Onowlgh TNstèo
D(SIgn Envelope ID. 113E999&72FC-4623-BB9F-858E95EgC8C5 SUSTAINABILITY DEVELOPMENT ST 1. Limited Liability The charity is a company limited by guarantee. Each member's liability is limited to £2 each. 2. Accounting Policies Basis of accounting The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and st Republic of Ireland (FRS102) (SORP 2019) (effective 1 January 2019), 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 accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless othenNise stated in the relevant note{s) to these accounts. The Charity has taken 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 plans in place to increase the reserves to the level required to continue in operational existence for the foreseeable future. The Trustees have therefore adoptsd the going concern basis of accounting in preparing the accounts. Fund accounting Unrestricted funds are the charity's free reserves available for the trustees to apply in accordance with the charitable company's charitable objectives. Restricted funds are subject to specific restrictive conditions imposed by the donor. All restricted funds are accountsd 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 to 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. Donations and legacies comprise of donations and general grants which are recognised in the accounts when received, with the exception of known legacies which are accounted for when their receipt is certain. Income from charitable 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 investment relates to bank interest received and is recognised when the amount is certain. -10-
Docusign Envdope ID.. 113E999&72FC4623-BB9F458E95E9C8C5 SUSTAINABILITY DEVELOPMENT ST Expenditure recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charitable company to that expenditure, it 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 basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the Statement of Financial Activities. Support and governance costs are applied to unrestricted funds unless specifically included in the restrictions, as specified by the donor. Expenditure on charitsble activities relates to the operation of the charity comprising of direct charitable expenditure to meet the objectives of the charitable company. Support and governance costs relate to the management and operation of the organisation and also compliance with constitutional and ststutory requirements 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 over £250 is stated in the balance sheet at cost less accumulated depreciation. Depreciation is provided to write off the cost of each asset over its expected useful life as below: Motor Vehicle Office Equipment Music Equipment Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short- tsrm liquid investments with original maturities of three months or less, and bank overdrafts. Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. 200/D per annum reducing balance basis. 20 % per annum reducing balance basis. 20 % per annum reducing balance basis. 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. -11-
Docusign Envelope ID.. 113E999B-72FC4623-B89F45BE95E9C8C5 SUSTAINABILITY DEVELOPMENT ST Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classrfied as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Derecognition 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 benefits 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 accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. 3. Income and endowments from Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 Donations and Legacies Donations 18,553 18,553 7,258 Donations and legacies income for 2024 related wholly to unrestricted fund. -12-
Docusign Envdope ID.. 1l3E99972Fc4623-88gFsBEg5E9C8C5 SUSTAINABILITY DEVELOPMENT ST Unrestricted Restricted Funds Funds 2025 2025 Totsl Funds 2025 Total Funds 2024 b. Charitable Activities LCR Multiply Community Grant LCVS Community Impact Fund National lottery Community Fund Training income UK Shared Prosperity Fund 24,944 24.944 1,984 19,424 19,424 375 9,559 44,368 44,368 11,918 The income for 2024 relates to restricted income £11,543. c. Investments Bank interest Investment income for 2024 related wholly to unrestricted funds. 4. Expenditure on charitable activities Direct Support & Charitable Governance Expenditure Costs Total 2025 Total 2024 To promote healthy eating and a healthy lifestyle, to relief poverty and advance education 31,221 10,821 42,042 16,840 . Analysed as follows: 2025 2024 Direct charitable expenditure: Staff salary costs Room Hire Sessional fees 1,536 51 29,634 1,533 4,352 31,221 5,885 -13-
Docusign Envelope ID.. 113E999B-72F62BB9F5BE95E5C8C5 SUSTAINABILITY DEVELOPMENT ST 2025 2024 Support & Governance costs: Insurance Motor expenses Travel Admin support Marketing Stationery Computer support Legal fees Website Bank charges Subscriptions Payroll fees Accountancy Depreciation 1,048 1,600 120 385 489 245 154 100 3,600 2,100 123 177 561 372 990 4,281 452 1,053 3,926 10,821 10,955 Total expenditure on charitable activities 42,042 16,840 £28,165 (2024: £6,118) of the above expenditure relates to restricted funding. b. Analysis of Staff Costs 2025 2024 Gross wages and salaries 1,536 1,533 No employee received emoluments of more than £60,000 during the year (2024: nil). The trustee O Onowighose, also being a director, received remuneration of £768 (2024: £767) for services and are included in the number of employees [4c.]. No out-of-pocket expenses were reimbursed to trustees in the year (2024: £nil) c. Particulars of Employees: The average number of employees during the year, calculated on the basis of full-time equivalents, was as follows: 2025 2024 Charitable activities -14-
Docusign Envelope ID." 113E999B-72FC4623-8B9F458E95E9C8CS SUSTAINABILITY DEVELOPMENT ST S. Tangible fixed assets Thfiotor Office Music Vehicle Equipment Equipment Total Cost: si Balance at 1 April 2024 Additions in the year 26,964 36,818 495 2,739 66,521 495 st Balance at 31 March 2025 26,964 37,313 2,739 67,016 Depreciation: Balance at 1 April 2024 Charge for the year 25,111 371 19,541 3,513 2,529 42 47,181 3,926 si Balance at 31 March 2025 25.482 23,054 2,571 51,107 Net Book Value: si Balance at 31 March 2025 1,482 14.259 168 15,909 si Balance at 31 March 2024 1,853 17,277 210 19,340 6. Debtors 2025 2024 Prepayments 7. Creditors: amounts falling due within one year 2025 2024 Accruals Other creditors 2,030 67 3,120 2.097 3,120 -15-
Dwusign Envelope ID.. ll3Eg9972FC4623-BB9F-85BEg5E9C8C5 SUSTAINABILITY DEVELOPMENT ST 8. Analysis of net assets between funds 2025 Tangible Fixed Net Current Assets Assetsl(Liability) Total Unrestricted Funds General Fund 3,024 (2,542) 482 Restricted Funds Big Lottery Fund Grant ESF Community Grant Heritage Emergency Fund Kensington New Deal National lottery Community Fund National Lottery Covid 19 Emergency Response National Lottery for Grants Heritage UK Shared Prosperity Fund 405- 2,232 2,345 59 405 7,686 3,476 59 19,424 1,618 5,454 1,131 19,424 1,618 189 189 6,037 6,037 12,885 26,009 38,894 Totals 15,909 23,467 39,376 2024 Tangible Fixed Net Current Assets Assetsl(Liability) Total Unrestricted Funds General Fund 3,233 (7,433) (4,200) Restricted Funds Big Lottery Fund Grant ESF Community Grant Heritage Emergency Fund Kensington New Deal National Lottery Covid 19 Emergency Response National Lottery for Grants Heritage UK Shared Prosperity Fund 506 2,791 2,931 74 506 8,244 4,062 74 5,453 1,131 2,022 2,022 236 236 7,547 7,547 16,107 6,584 22,691 Totals 19,340 (849) 18,491 -16-
Docusign Envelop8 ID". 113E9998-72FG4623-BB9F45BE95E9C8C5 SUSTAINABILITY DEVELOPMENT ST 9. Unrestricted Funds Movements in the year Income Expenditure Reserves at Beginning of year Reserves at End of Year 2025 General Fund (4,200) 18,559 (13,877) 482 Movements in the year Income Expenditure Reserves at Beginning of year Reserves at End of Year 2024 General Fund (1,388) 7,910 (10,722) (4,200) General Fund is used to finance the charitable company's general activities as outlined in the Trustees, Report. 10. Restricted Funds Movements in the year Income Expenditure Reserves at End of Year Reserves at Beginning of year 2025 Big Lottery Fund Grant ESF Community Grant Heritage Emergency Fund Kensington New Deal LCR Multiply Community Grant National lottery Community Fund National Lottery Covid 19 Emergency Response National Lottery for Grants Heritage UK Shared Prosperity Fund 506 8,244 4,062 74 (101) (558) (586} (15) {24,944) 405 7,686 3,476 59 24,944 19,424 19,424 1,618 2,022 (404) 236 (47) (1,510) 189 7,547 6,037 22,691 44,368 28,165 38,894 -17-
DSign Envdope ID". 113E999&72F&4623-BBgF-858E95E9C8C5 SUSTAINABILITY DEVELOPMENT ST Movements in the year Income Expenditure Reserves at End of Year Reserves at Beginning of year 2024 Big Lottery Fund Grant ESF Community Grant Heritage Emergency Fund Kensington New Deal LCVS Community Impact Fund National Lottery Covid 19 Emergency Response National Lottery for Grants Heritage UK Shared Prosperity Fund 633 8,924 4,795 92 (127) (680) (733) (18) (1,984) (505) 506 8,244 4,062 74 1,984 2,527 2,022 295 (59) (2,012) 236 9,559 7,547 17,266 11.543 (6,118) 22,691 Description of Funds These are monies given to the charitable company to be spent at the discretion of the Board of Trustees for specific charitsble purposes, as follows: Big Lottery Fund Grant- Contributions towards 'Prevent Hate & Crimes, project. ESF Comrnunity Grant- Contribution towards skills development. Heritage Emergency Fund - Contribution towards digitsl equipment and personal protection equipmenL Kensington New Deal - To fund the acquisition of computer equipment. LCR Multiply Community Grant- Contribution towards numeracy skills learning with Al LCVS Community Impact Fund - Contribution towards 'Digital Skills Development, project National lottery Community Fund - Contribution towards cost-of-living crisis & embracing skills upgrade National Lottery Covid 19 Emergency Response - Contribution towards digitsl equipment and personal protection equipment. National Lottery for Grants Heritage - Contribution towards exploring, documenting, and sharing the extensive and diverse heritage of BAME migrant communities in Liverpool. UK Shared Prosperity Fund - Contribution towards 'Digital Connectivity Local Community, project -18-
Docusign Envelope ID." 113E999B-72Fc46BB9F-8sBEg5E9C8C5 SUSTAINABILITY DEVELOPMENT ST 11.Operating Lease Commitments There were no financial commitments under non-cancellable operating leases {2024: none). 12. Related Party Transactions There were related party transactions during the year which require disclosure including Trustee Sessional workers for a total of £14,992 and the Director's remuneration {Note 4b). 13.Guarantees As at 31 March 2025, 4 members had given a guarantee of £2 each in the event of the company winding-up total: £8 (2024: 5 Members £10). -19-