Company registration number.. CEOO8504 Charity registration number.. 1168689 MICAH LIVERPOOL Ch8ri1able incorp)Tated organisation Annual Report and FinarKial Statements for Ihe ye Endcd 31 December 2024 GRC Accountants Limited 166 Banks Road West Kirby Merseyside CH48 ORH
MICAH LIVERPOOL Contents Reference and Administrative Delails Trnstees Annual Report incorporating Strategic Report 2to12 Independent Exarninefs Report 13 Slalemenl of Financial Activitie5 14 Balanee Sheet 15 Notes lo the Financial Ststemenls 16 to18
MICAH LIVERPOOL Reference and Administrative Details Trusteej Mr Paul Smith (Re5ibmed July 2024) R¢verend Canon Dr Ellen Loudon Mr Philip Bishop Reverend Canon Dr Crispin Palling (Res)ed July 2024) Reverend C8non Anthony O'Brien Canon Dr Jonathan Ri¢haTdson Canon William Andr¢w Holroyd Ms Annell¢ Jamc¥ Alissa Koopal (since Oclober 2024) Prlnclpal St Jgmcs, House Liverpool St James Rood Liverpool LI 7BY Company Registrltlon Number CE008504 Charlty Reglstratlon Number 1168689 IDdependent Exgmlner GRC Aecountants Limited 166 Banks Road West Kirby Merseyside CH48 ORH
MICAH LIVERPOOL Trustees Annual Report Incorporating Strategfic Report Report of the Trustees for the year ending 31st December 2024 The trustees, who are dl rectors for the purposes of company law, are pleased to present the annual report together with the financial statements of the charitable company for the year ended 31 December 2024. Purpose and Actlvlty Micah Liverpool is a social justice charity, devised by Liverpool Cathedral; Liverpool Metropolitan Cathedral of Christ the King and St Bride's Church to relieve Liverpool resldents of social injustice and poverty. Micah currently has a range of delivery mechanism5 to address unemployment; provide affordable food to those on low income; deliver emergency food aid to those in crisis and provide beds for children and families in bed poverty. Micah Liverpool's core work is delivered through three main projects: Communi fv1arkets A Community Market is a retail outlet offering food, deemed to be surplus to requirement by supermarkets. Ambient food is sold below market prices. The Community Market is an early intervention supporting people who may be on the brink of using a foodbank. People In an Identified local area pay £2.00 and choose up to IS items from a range of ambient goods. This initiative relieves the strain on local foodbanks and offers residents, the dignity of opportunity and cholce. Mlcah Liverpool receives surplus items. that are usable but cannot be 501d from the supermarket through the food recycling charity 'FareShare'. Foodbanks Micah Llverpool food bank sessions are open to any Individual and/or family In need. Micah provides an emergency 3-day food parcel every week, for four weeks. If after this period gathered evidence shows that further support is needed, the servlce will continue under continual review until it is no longer needed. Currently Micah operates two food banks a week with key partners St Vincent de Paul and St Brides Church local to both cathedrals. The Parlsh Church of St Vincent de Paul Food bank sessions operate each Tuesday 10.30am- 12.30prn. St Vincent de Paul Parish Church supports Micah by hosting the weekly foodbank. St Bride's Church Pantry Sessions operate each Thursday 10.30am- 12.30pm
MICAH LIVERPOOL Trustees Annual Report Incorporating Strategic Report St Bride's is one of three churches in the Parish of St Luke in The City, and includes the community of St Michael in The City, who provide growing space and is the most centrally located church in Liverpool. Recruitabilit Pro ramme Micah Liverpool Recruitability Programme offers a 10-week programme for people not in education who are long term unemployed. The programme aims to nurture individuals, build confi.dence and improve thelr skill base in readiness for work. All participants have the opportunity to complete a level 2 qualification in Customer Service. Participants are offered a variety of work placements at Liverpool Anglican Cathedral through Micah Liverpool activity, and with other partners. There are 4 key elements to the Recruitability Programme: Work placements.. Placements include roles in retail, hospltality, catering, administratlon, foodbank. cleaning. Placements are either on the Anglican Cathedral site or at centres where Mlcah Is actively providing a service. Practical training ond learning opportunities: Focusin8 on practical skills that help people search for, and secure, the ri8ht employment, Micah provides vocational courses to build confidence, strengthen participants Curriculum Vitae (CV), hone interview skills and improve job applications. Guaranteed interviews when readyfor work: Through extensive employer engagement, Micah partbcipants are guaranteed interviews wlth organisations such as Liverpool Philharmonic and the Unlversity of Llverpool. One to one support: Micah staff 5UPPOrt participants to create an outstanding CV and an effective response to Job applications leading in due course, to prepare for interview. Micah Recruitsbillty programme welcomes people from all backgrounds and cultures; all faiths and none. Participants mijst be serious about wanting employment and are required to commit to completing the course. Bed overt Micah continued its partnership with National Leeds-based charity 2arach' to access beds and deliver a bed poverty project. The aim continues to identify children in need of a bed through pariicipating school referrals and to provide beds and bed bundle5 as appropriate to the family home.
MICAH LIVERPOOL Trustees Annuydl Report incorporating Strategic Report The aim is to help ensure all children to have somewhere safe and comfortable to sleep and good, consistent access to healthy and nutritious food so they are ready to learn. If children lack regular nutritiOU5 meals at home, and don't have a comfortable bed to sleep on they are missing the basic foundations for healthy growth and the ener8y to concentrate and learn. Zarach provides: New bed - frame and mattress Age-appropriate pyjamas Slngle Duvet and cover Bed sheet and pillowcases Age-appropriate toiletries The Wa Ahead The Way Ahead project continued to be delivered in partnership with another local charity Feeding Liverpool, to: 1. Scope out the feasibillty and loglstics of a more coordinated approach across organisations to warehousing, transportation, the collection and distribution of donations and surplus food. 2. To develop stronger relationships with local suppliers to broker discounts as a collective, 3. To Increase coordination of deliveries into the city to ensure better value for money. The project was completed in May 2024 with a full research report, Executive Summary and presentation to stakeholders in July 2024. Due to staff changes at Feeding Liverpool, the short-, medium- and long-term proposals of the report are on hold and are due to be considered by the new Director early in 2025. Some short-term proposals, such as secured wholesale discounts and a WhatsAPP group to share/swap surplus food were established within the lifespan of the research study. The project intention remains for improved coordination between Feeding Liverpool network members in relation to purchasin8 food supplies, creating data-lnformed feasibility to move towards better value through coordinated purchasing. Publlc Beneflt In setting our objectives and planning our activities the Trustees have considered the Charitv Commission's guidance on public benefit: The work of Micah Liverpool brings public benefit through all aspects of social justice work, including: community markets and food bank sessions in partnership with faith and community groups
MICAH LIVERPOOL Trustees Annual Report incorporating Strategic Report volunteerlng opportunities supporting individuals into employment and further training through the Recruitability programme Micah works In partnership with churches and other charities to build symbiotic relationships and deepen community cohesion. Micah is available to provide advice and share statistical data with charities that have values in sympathy. The Way-Ahead project is delivered in partnership with Feeding Liverpool. The bed poverty project is delivered in partnership with local schools and national charity 2arach'. Micah Liverpool is committed to being an advocate on behalf of the people who are supported by our work to reduce social injustice, food and bed poverty Grant Maklng Micah Liverpool is not a grant making charity and has no grant making policy. Micah Liverpool has made no grants outside of the UK. Micah Liverpool has made no grants to other charities. organisations or related parties Our Volunteers Through foodbanks and community markets Micah Liverpool has 24 regular weekly attending volunteers who support our community provision, each volunteer offer5 an average of 3 hours per week. There are many volunteer roles within Micah Liverpool as seen in the table below: Staffing Staff salaries total: £123.396. No Member of Micah Liverpool Staff was paid £60,000 or above. Policies In Place M5cah Liverpool had the following policies in place at the end of 2024 Cash handling policv Incident reports, policy Risk Map Safeguardin8 Handbook Health & Safety policy Lone working policy
IlllCAH LIVERPOOL Trusttes Annu21 Report incorporating Strategic Report Equality & Diversity policy Privacy policy Complaints, procedure & flow chart Caller at the Door policy Behaviours, policy Achlevement and Performance 2024 was a time of change for Micah Liverpool. The charity's Executive Director stepped down from their post in March 2024. A strategic review of the organisation was carried out by the Executive Director of Together Liverpool who was contracted by Micah Liverpool for 0.2 FTE on a fixed 6 month period, extended by a further 3 untll 31 December 2024. An Increase In numbers attending the chariws foodbanks and community food markets, coupled with an increase in food prices, was typlcal of the national food poverty landscape, yet was clearlv unsustainable. The strategic revlew resulted in a restructure agreed by Trustees whlch aimed to ensure Micah Liverpool's sustainability for the future. The strategic review resulted in a change to Micah Liverpool's Food Parcel Policy which was fully implemented in September 2024 when foodbank users would be eligible to claim 4 emergency food parcels within a 12-week period, rather than 8 parce15, as had previously been the case. The review also involved redundancy of two permanent posts and one temporary post, the latter having been established as an interim position whllst the review was carried out. Both permanent posts were officially made redundant at the end of December 2024. However, one postholder (Office Manager) resigned in September 2024. The new structure would involve two newly created posts, Social Justice Business Support Manager and Chief Executive Officer. The Strategic Review also led to a month reserves policy. . 2024 has been a positive year for Mlcah Liverpool. We have maintained delivery of our core projects: 2 substantial weekly foodbanks 2 weekly community markets 4 recruitability cohorts Foodbank In the period covered by this report Micah Liverpool foodbank distributed 17,597 food parcels. 1.846 households were supported equating to 3,070 people 818 of whom were children. As detailed above, in September 2024 Mitah Liverpool updated its parcel policy. Data had shown that many foodbank users had been using the foodbank far beyond the stipulated limits, up to
MICAH LIVERPOOL Trustees Annual Report incorporating Strategic Report 48 times per year. The policy emphasises the foodbank's aim to provide "emergency food at points of crisls" and is intended to reflect Micah Liverpool's focus on social justice, through its signposting to and partnership with other specialist services to relieve Liverpool residents of poverty and by highlighting Micah Liverpool's Community Food Markets. Communlty Food Markets Micah's community food markets continued throughout 2024. Due to rising food costs and in recognition of the lack of sustainability, the cost of a weekly community food market shop was increased to £2. Some items continue to be donated and others are received via Fareshare. The price is comparable to other community food spaces in the area who charge slightly more and offer chilled and frozen food. In 2024 Micah Liverpool registered 496 individuals to use community markets, throu8hout the year there were 3,005 visits to our markets supporting up to 10,935 people in the process, Recruitablllty Throughout 2024, Micah Liverpool's Recruitablity programme worked with 48 participants over four cohorts. Recruitability staff were able to support 12 participants into paid employment (25%), with a further 7 moving on to further education or apprenticeships (15%). Of the 48 particlpants, 94% completed the course and 77% achieved Level 2 qualifications in customer service. Wellbeing surveys were completed with all participants, these recorded the following holistic outcomes: 80% reported improvement in practical skills (20% increase from 2023) 75% reported improvement in social skills and confidence (18% increase from 2023) 84% reported improvement in employability skills (13% increase from 2023) Participants continue to receive support once the programme is complete. In addition to the job outcome and education achievements (listed above), 21% of participants continued volunteering once the programme finished and 35% of participants have reported invitations to job interviews within 6 weeks of completing the course. The Recruitabilty programme continues to evolve whilst achieving impactful outcomes in terms of jobs and education and supporting people who have multiple barriers to employment. Zarach The partnership between Zarach and Micah Liverpool has now been in existence for 2 full years. The volunteer-led team has continued to establish itself and has gained recognition from
MICAH LIVERPOOL Trustees AnDual Report incorporating Strategic Report colleagues in primary, secondary and special schools as a reliable and responsive service for families in need. Zarach is now workin8 across the city, taking referrals from any Liverpool schools who are registered with the charity. Given the increase in poverty nationally the demand for beds has increased and as'a resu Zarach's national offer has been modified. Bed referrals can only be made for children aged 4-18 years in full time education. As a result partnership work with services such as Children's Centres has been put on hold. There are now 115 Llverpool schools registered {the majority of a possible 200 Uverpool schools). Zarach Liverpool continues to develop relationships with schools, communicating through local school networks. In 2024, 348 beds were delivered, averaging 9 beds per week in term time (39 weeks). The Way Ahead May 2024 marked the concluslon of The Way Ahead Project. A report was produced by The Way Ahead Coordinator with the findings of the scoplng and feasibility study, focussed on collective purchasing, warehousing and transporting of food across the Feeding Liverpool network. Whi15t The Way Ahead Co-ordinator was seconded to the Micah Liverpool team, Feeding Liverpool maintains ownershlp of the research studyi having been received funding from Feedin8 Britsin with a reach beyond that of Micah Liverpool. Feeding Liverpool and Micah Liverpool continued to work together throughout 2024 and view the partnership as crucial, with Micah LSverpool remaining part of the food alliance. Achlevements agalnst objertlves Name of Activlty Foodbank Metric Provide emergency food parcels to those in crisis. Receive enough food through donations or food bought with donated funds Perfomiance Achieved. 17,597 Food parcels provlded. Achieved. Despite the continued rise in food costs, we continued to provide enough food to meet the need of all our participants Achieved. Donations this year exceeded those of 2023 Micah Liverpool completed the year with cash in hand to go forward into 2025 48 participants recruited Bting in financial donations to the level of the previous year Recruitability Programme 44 participants
MICAH LIVERPOOL Trustees Annual Report incoryoratlng Strategic Report 40% job/further education outcome 80Yo qualifications achieved Maintain delivery of 2 community markets per year Register 20 people per community market Maintain surplus food supply at community markets Increase schools registered as referrers. Deliver 7 beds per week. 25% job outcome rate achieved 15% into further education 77% achieved L2 qualification Achieved at both venues. Community Markets Average weekly re8iStrations = 41 Achieved. Consistent supply from Neighbourly and Fareshare. 115 schools now registered. Zarach Achieved. 7 beds delivered per week in 2024 calendar year. Micah has been able to attract sufficient funding to increase reserves to support Improved sustainability in Its activities but longer-term commitment from funders would enhance its capabillty to achieve even more. Micah Overall Obtain fundin8 to the Charity to provide long term stability to its operations Risk Management The biggest risks facing Micah Liverpool for 2025 and beyond are: Continuing cost of living rises and welfare cuts The increased need for emergency food aid The third sector becoming a more competitive market Increased competition for Trusts & Foundations financial sUPPOrt and food donations from donors. An unstable international landscape which affects UK food prices. Climate change leading to global warming resulting in food supply issues acr05S the world Staff changes: a smaller team less familiar with Micah processes, procedures and network. Safeguardlng Micah Liverpool practises safe recruitment and is committed to ensure a safe service and environment for all.
MICAH LIVERPOOL Trustees Annual Report Incorporating Strateglc Report Micah Safeguarding Handbook is a live document, which is revlewed annually and updated appropriately as necessary. Safe8uarding is a standing item on all agendas. Throughout 2024 Micah Liverpool provided services to support children, families and vulnerable adults. Micah Liverpool achieved the required level of DBS checks for all roles as appropriate. All staff and volunteers completed mandatory Level I safeguarding training. Flnance and fundralslng Micah Llverpool 15 in a satisfactory financial posltion wlth sufficlent reserves in place. We recognise that fundraising is important and the charity needs regular financial support. Micah Liverpool holds reserves of £153,000, we see this as 7 months running costs and are held in the unlikely event that the charity ceases to be active. This is a combination of unrestricted funds and food stocks. Micah Llverpool's principal source5 of funds are donations from individuals, corporate donations and grants from institutions. Micah has been assisted by generous funding from Liverpool Cathedral which cannot continue at previous leve15 and that is an urgent need to find long term funders who will provide stability to the operation of the charity in the longer term. Strurture, Governance and Management Micah Liverpool was established as a CIO In 2016 and is governed according to the Mlcah Liverpool constitution document. Alissa Koopal wa5 recruited during the year and no trustees received payment during the year. Trustees, responslbiiities In relation to the flnanclal statements The Trustees are responsible for preparing the trustees, report and the financial statements in accordance with the United Kin8dom Accountin8 Standards (United Kingdom Generallv Accepted Accounting Practice) and applicable law and regulations. Company law requires the trustee5 to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and 10
MICAH LIVERPOOL Trustees Annual Report incorporating Strategfic Report of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial ststements, the trustees are required to: • select suitable accounting policies and apply them consistently," observe the methods and principles in the Charities SORP; • make judgements and estimates that are reasonable and prudent; • state whether applicable UK Accounting Stsndards have been followed, subject to any material departures disclosed and explained in the financial statements. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable cornpany will continue in business. The trustees are responsible for keeplng adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financlal position of the charitable company and enable them to ensure that the tinancial statements comply with the Companles Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irre8ularitie5. an ual repo was approved by the trustees of the charity on and signed on its behalf by.. Reverend Canon Dr Ellen Loudon Chair of Trustees William Andrew Holroyd Trustee
MICAH LIVERPOOL Independent Examinerls Report to the trustees of MICAH LIVERPOOL I report to Ihe charity trustees on my examination of the accounts of tbe charity for the year ended 31 December 2024 which are set out on pages 8 to 15. Respettlve responslbllltiu of trustees and examlner As th¢ chirity's trustees of MICAH LIVERPOOL (and aL80 its ditt¢tOTS for the PUOSe8 of company law) you are responsible for the preparation of the accounts in accordance with the r¢quiremenls of the Companies Act 2006 ('Ihe 2006 Act,). Having satisfied myself that the accounts of MICAH LIVERPOOL are not required to be audited under Part 16 of the 2006 Acl and arc cligiblc for independent examinalion, I report in r¢spe¢t of my examiJ)ation of your charity's accounts as caTried out under section 145 of the Charities Act 2011 {'Ihc 2011 Act,). In carying out my ¢xamination I have followed the Directions givcn by the Charlty Commission undu section 145(5Xb) of the 2011 Act. Independent exAmlner'8 st•tem¢Dt Since MICAH LIVERPOOL'S gross income exceeded £250,(KJO your examiner must b¢ a member of a body lislcd in section 145 ofthe 2011 Aci. I confirn) 1hat l am quttlificd to undertake the examination Ixcause l am a member of ACCA, which is one of the listcd bodies. I have completed my examination. I confinn that no matlcrs have come to my attention in ¢4)nneclion with the examination giving me ¢ause lo believe: l. accounting records were nol kept in re5pccI of MICAH LIVERPOOL as required by section 386 of the 2006 2. the accounts do not accord with those records. or 3. the a¢counts do not comply with the accounting requirements of section 396 of the 2006 Act oihcr Ih¥n ¥ny requirement thal the accounts give a 'tNe and fair view, which 1$ not a mafter considered Qs part of an indcpendenl examin8tion- or 4. the accounts have not been prepared in accordanee wtth the methods and principles of the Statement of Recommended Practice for acwunling and reporting by charilies [applicablc lo charilies pr¢paring their accounls in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)}. I have no concerns and hmve come acr(YAS no other matlm in connection with the examination lo which attention should be drawn in this report in order to en8ble a proper understsnding of ihe accounts to be reached. Gareth Cooper ACCA 166 Banks Road West Kirby Merseyside CH48 ORH Date:............................. 12
MICAH LIVERPOOL Statement of Financlal Aetivfities for the Year Ended 31 December 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestricted funds Restricted funds Total 2024 Note Ineome and Endowments from: Donations atsd legacies 333248 200,365 533,613 Total income 333,248 200,365 533,613 Expenditure olb: Charitable a¢tivilies (245,661) (199,245) (444,906) Total expenditure Nel incomel{expenditurc) (245,661) {199245) (444,906) 87,587 1,120 88,707 Nel movement in funds 87,587 88,707 Reeoneluallon of funds Total funds brought forward Total fidS Caled forward 65.601 11,200 76,801 io 153,188 12,320 165,508 Unrestrfeted fund$ Restrlcted funds Totsl 2023 Note Income And Endowments from: Donations and le8a¢i¢s Total income 279,400 182,934 462.334 279,400 182,934 462,334 Expendlture on: Charitable activities (279,836) (182,934) (462,770) Tolal expenditure Net expenditure (239.836) (182,934) (462,770) (436) (436) Nel movement in funds (436) (436) Re¢onelllAdon of fllnd$ Total funds brought forward Total fi]nds carried fotivard 66,037 I1,2) 77,237 io 65.601 11,2(X) 76,801 All of the charity's activities derive from continuing operations during the above two periods. The funds bTeakdowTr for 2023 is shown in note 10. 13
MICAH LIVERPOOL (Registration number: CE008504) Balance Sheet as at 31 December 2024 2024 2023 Note Currtnt assets Siocks Debtors Cash at bank and in hand 12,320 108,IXIO 205.376 11,200 318.870 325.696 330,870 (253268) Creditor8: Amounts falung due wlthln one ye•r {160,188) Net A8$els Fund$ of the ¢harlty: Restrleted fund8 12,320 11,21)0 Unrestrfcted Income thnds Unrestricted funds 153,188 65,601 Total funds For the financial year ending 31 December 2024 ihe ¢harity was entitled lo exemption from audit under section 477 of the Companles Act 2006 relating to small companies. Directors, responsibilitlC5: The members have not required the Charity to obtain 8n audit of its accounis for the year in question in accordance with section 476. and The directors acknowledge their responsibililies for complying wilh the requirements of the Acl with respect to accounting re¢oTds and the prq)aration of accounts. These aCCOUDts have been prepared in accordance with tbe provisions applicbble io companies subject to the small companies regimc. The financia] statements on pages 8 to IS were approv¢d by the trustees, and auihorised for issue on .and signed OD their behalf by: Rev¢r¢nd Canon Dr Ellen Loudon Tslee n William Andrew Holroyd Tntee 14
MICAH LIVERPOOL Notes to the Financial Statements for the Year Ended 31 December 2024 I Charity Stiths . The charity is limited by guarantee. incoTPOTated in, and consequently does noi have share capital. Each of the trustees is liable to coJ)lribule an amount not exeeeding Ntl towards the assets of ihe charity in the event of liquid8lion. The address of irs r¢gisl¢red office is: St Jam¢s' House 20 Sl James Road Liverpool LI 7BY 2 Accounting pollcles Summary ofsl%nlficant accountlng pollcles And kry Aceounrfng ¢srfmal¢s The principal accounting policics applied in the preparation of these financial stalemenls are sel out below. These policies have been consistently applied to all the years presented, unless oihenvise Ststed. Stalement of ¢ompli•nee The flnancial stslements have been prepared in accordance with Accounting and Reporlsng by Charities: Statement of R¢¢omm¢nded Practice applicable lo ¢harilies preparing their accounts in accordance with the Financial R¢porting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015) (Chariiies SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). TY also comply wilh the Companies Acl 2006 and Charilies Aci 2011. Basis of prepar2rfon MICAII LIVERPOOL meels the definition of a public benefit entity under FRS 102. Assets and liabililies are inilially recognised al historical co$1 OT Iransaction value unless othenvise slaled in the relevanl accounling policy noles. Goffing concerll The tNslees consider that there are no rnaterial uncertainties about the charitys ability lo continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets.held by the charity. Exemptlon from prepArlng a casb now statement The charity opted to early adopt Bullelin I published on 2 February 2016 and have therefore nol included a cash flow slatemenl in these financial slalements. Income and endowments All income is recognised once the charity has entiilernent to the income, it is probable that the income will be received and the amount of the income r¢vable can measured reliably. 15
MICAH LIVERPOOL Notes to the Financial Statements for the Year Ended 31 December 2024 l)onotioHs andlegacies Donations are recogni$ed when the charity has been notified in writing of both the amount and stttlement date. In the event that a donation is subject lo condilions that r¢quire a level of perfoTnw)ce by the chaTity before the charity is entitled to the funds, the income is dcfcrred and not recognised until either Ihose conditions are thlly mel, or the fuifilmcnt of those conditions is wholty within the CODtrol of the charity and it is probable that these conditions will be fulfilled in the reporting period. Granls receivoble Grants are recognised when the charity has an entitlerncnl to the funds and any ¢onditi(>ns linked to the grants have been met. Where perfom)an¢e Conditions arc attached to the grnnt and are yet to be met, the income 15 recognis¢d as a liability and in¢lud¢d on ihe balance sheet as deferred income be released. Expendlture All expenditure is regniSed on¢¢ th¢ is a legal or conslruclive obligalion to that ¢xp¢nditure, il 15 probable settlement is rcquircd and thc amvunl ¢an bc measured reliably. All Costs aTC allo¢al¢d to the applicable expenditure heading that aggregate similar Costs lo that category. Where costs ¢annoi be dir¢cily attributed to P8rticul&r headings they have been allocated on a basis consistent with the e of resources, with central staff ¢osls allocated on th¢ basis of iirne spent. and dcprcciation charges allo¢a¢ed on the portion of the asset's use. Other 5UPPOrt costs are allo¢aled based on Ihe spread of 5tsff costs. Charllable acllviftes Charitable expenditure comprises those costs in¢uThed by the charity in the delivery of its activities and servlces ror ils beneficiaries. It include5 both costs Ihai can be allocated directly to such activities and those costs of an indircrl naturc necessary to support Ih¢m. Support ¢08t$ Support costs includ¢ ¢entral functions and have been allocaied to activity cost ¢ategori¢s on a basis consistent wilh the use of resources, for example. allocating property costs by floor areas, or per capita, stsff cosi8 by the time spent and oth¢r costs by their usage. Taxitlon The charity is coL8idered to pass th¢ lests s¢1 oul in PaTagTaph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of & chllritsble company for UK Corporation lax PUTP05es. A¢¢ordingly, the ¢harily is polentially exempt from tsxalion in respe¢t of income or capital gains reecived wiihin Categories ¢oveTed by Chapter 3 Part I l of the Co4)oralion Tax A¢t 2010 or Section 256 of the Taxation of Chargeabl¢ Gains Act1992. to the extent thal such income or gains are applied exclusively to charitsble purpo&eg. Stock Stock is valued at the lower of cost and eslimaled selling price less costs lo complele and sell. gfier due regard for obsolete and slow-moving stocks. Cost is detern]ined using th¢ fwst-in. fir5t-OUt (FIFO). 16
MICAH LIVERPOOL Notes to the Financial Statements for the Year Ended 31 December 2024 Tr#de debtors Trade debtors are amounts due from ¢ustomcTS for mcrchandis¢ sold or serdi¢es perfonned in the ordinary course of business. Trade debtors ar¢ recognised inilially at the Iraosaclion Price. They are subsequently measured al aziiortised cosl using the effective snteiesl method, less PTovision for impainnent. A provisioll for Ihe impaiTm¢ni of Iradc debtors is eslablishcd when Ihcre is objective evidence that the charity will not be able to collect all amounts due accordin8 to the original iernu of Ihc receivables. Cash And cash equlvalents Cash and cash equivalents comprise ea5h on hand and call deposits. and other short-tcrni highly liquid investments that are readily convertible to a known arnounl of cash and ar¢ subject to an IDsignificanl risk of chan8e in value. Trgde credltor8 Trade creditors are obligalions lo pay for goods or Services that have been acquired in the ordinary course of business from suppliers. Accounts payabl¢ ar¢ Classified as Cuent liabilities if the charity docs not havc on unconditional right, al the end ofthe reporting period. lo defer settlement of the creditor for at least twelve monihs after the reponing dale. If there is an uncondilional righi io defer settlement for al leasl twelve monihs after lh¢ reporting datc, they are presented as non-curreni liabililies. Trade CTediloTS are recognised initially at the transaciion price and sub3equ¢nily measured at Amortised cost u8in8 Ihe effeciive interest method. Fund Structure UnTe5tricled income funds arc general funds Ihat are available for use al the trustees. diserelion in furtherdnce of the objectives of Ihe charity. Restricted income funds are those donated for use in 8 particular area or for specific pu0$¢$, the use of which is restTi¢ied lo that area or purpose. 3 Ineome from donatlons And legaeks Unrestrlcted funds Restrlcted funds Total 2024 Total 2023 General Donations and leg2¢ies: Donalions from individuals GraThls, including capital grants; Grants from other chariti 333248 200,365 533,613 97,176 182,224 17
MICAH IJVERPOOL Notes to the Financial Statements for the Year Ended 31 December 2024 4 Expendlture ott ehArltabRe aetfvltles UBrestrlcted runds Restrkted funds Total Gener•1 Note Total for 2024 245 662 Total for 2023 Aellvity UDd¢rt¥keM direetly Activity Total Total support costs 2024 2023 Food parcels from purchased it¢ Food parcels fTOrn donated B(x)&8 Wages and salaries SlaffNIC Staff pensions Sundry In-kind services TTavel and subsistence 71.749 199,245 71,749 199.245 107,746 8,014 7,636 50.516 84,480 182.934 107,040 8,237 7,472 29,629 42,978 107,746 8,014 7.636 41,385 S Trustees rejnuneratlon And expenses No INstees, nor any persons connected with th¢nL have re¢¢ived any remuneralion frorn the charity during the year. No trustees have received any reimbursed expellses or any other bcn¢fJts frorn the charity during thc year. 6 Taxation The cbarity is a Tegtstered charity and is therefore exempi from tsxition. 7 Stock 21124 2023 Stocks 18
MICAH LIVERPOOL Notes to the Ffinaneial Statements for the Year Ended 31 December 2024 Debtors 2024 2023 Otb¢T debtors 9 Creditors: amount$ fglllng due wlthln one y 2024 2023 Trade creditOTS JO Funds Balance at 31 Dtt¢mber 2024 BAlante at I January 2024 Incomlng resources Resourtes expended Unre$trl¢ted funds General 65,601 112lX) 333,248 200,365 (245,662) (199.245) 153,188 Re$trlettd funds 12,320 Total funds Balance At31 December 2023 Balance at I J*nu#ry 2023 Ineomlng resources Resources expended Unrestricted funds General 66,037 279,4(NJ 182,934 (279,836) (182.934) 65,601 Restriet¢d funds 11,200 11,200 Total funds 11 Analysi5 of net asiets betiveen funds Unrestrlcted funds General 2024 Restrlcted nds Total fund5 Current assets cuent liabilities 313,376 {160.188) 12,320 325,696 (160,188) Total net assets 19
MICAH LIVERPOOL Notes to the Financial Statements for the Year Ended 31 December 2024 Unrestrkted nds 2023 Restrl¢ted Gener•1 Tot21 funds CUent &ssets Current liabilities 318.870 (253268) 11,200 330.070 (253.268) Total net assets 12 Anatysls of net fundi Al l J•nuary 2024 At 31 December 2(124 Caih l]ow Cash at bank and in hand 318,870 (113,494) 205,376 Net fimds 76.801 88.707 165,508 At l January 2023 At 31 December 2023 Cash llow Cash at bank and in hand 245.139 73,731 318,870 Nel funds 77.237 (436) 76,801 20