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2021-08-31-accounts

Company Registration Number - 09187659

The Charity Registration Number is :- 1169326

The Carrbridge Centre Ltd

Report and Accounts

31 August 2021

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The Carrbridge Centre Ltd

Report and accounts for the year ended 31 August 2021

Contents

Page
Charity information 1
Trustees' Annual Report 1
Statement of directors' responsibilities 6
Independent Examiner's Report 8
Funds Statements:-
Statement of Financial Activities 10
Statement of Financial Activities - Prior Year statement 11
Statement of total recognised gains and losses 12
Movements in funds 12
Revenue Funds 12
Summary of funds 12
Balance sheet 13
Notes to the accounts 15

The Carrbridge Centre Ltd

Company Registration Number - 09187659

Trustees' Annual Report for the year ended 31 August 2021

The Trustees present their Report and Accounts for the year ended 31 August 2021, which also comprises the Directors' Report required by the Companies Act 2006.

Reference and administrative details

The charity name.

The legal name of the charity is:- The Carrbridge Centre Ltd

The charity's areas operation and UK charitable registration.

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1169326

Legal structure of the charity

The charity is constituted as a company limited by guarantee, registered under the Companies Acts . The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation.

There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.

By operation of law all, trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation.

The trustees are all individuals.

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The Carrbridge Centre Ltd

Company Registration Number - 09187659

Trustees' Annual Report for the year ended 31 August 2021

The principal operating address, telephone number, email and web addresses of the charity are:-

Carr Bridge Centre Carr Bridge Road, Wirral Merseyside, CH49 8EU Telephone Email Address Web address

The registered office of the charity for Companies Act purposes is the same as the operating address shown above.

The Trustees in office on the date the report was approved were:- Lesley Reith Amanda Gillard Adam Mellor Lynette Akwei-Howe Damian McGregor David Bevington

The following persons served as Trustees during the year ended 31 August 2021 :-

The trustees who served as a trustee in the reporting period were as shown above, and there were no changes during the year, or in the period between the year end and the approval of the accounts.

All the trustees are also members of the charity.

Objects and activities of the charity

The purposes of the charity as set out in its governing document.

To further or benefit the residents of the Woodchurch area and the neighbourhood without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation, with the objective of improving the conditions of life for the residents. In furtherance of these objectives but not otherwise, the Trustees shall have power to establish or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a centre for activities promoted by the Charity in the furtherance of the above objectives.

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The Carrbridge Centre Ltd

Company Registration Number - 09187659

Trustees' Annual Report for the year ended 31 August 2021

The main activities undertaken during the year to further the charity's purpose for the public benefit.

Difficult year for the Carrbridge Centre during the inconsistency of pandemic, changes of staff. A lot of Adapting and changing to legislation and Needs of the community. After a Strategic Meeting the Board agreed To Adapt Aims an objective of The Charity: Aims & Objectives:

To respond to the need of the people of the Woodchurch, facilitating ownership, with programs and places to support the development of opportunity and aspirations, and improve long term outcomes for education, health and economic sustainability. To campaign, lobby and advocate on behalf of our community.

We focused our work on 3 areas: 3 P’s = People, Programmes and Places People – Children & Youth, Families/Individuals, Older people – Woodchurch Community. Programmes : Limited Programmes were offered –

•Youth Club was only allowed to operate in the second half with Programmes limited to bubbles of 15 young people averaging around 2 bubbles per night, 2 evenings a week. The Youth club was funded By Burbo Bank (disruption due to Pandemic) Able to restart May to July21

•2 x 12-week Sports Development programme Funded by Jamie Carragher 23 Foundation •Summer and Easter HAF2021 Holiday activities Funded By Children in Need and Edsential remained one of our Biggest Youth programmes to date running across 4 sites: Carrbridge Centre, Pemberton Gardens Hoole Rd Hub and Activity for All allowing over 300 young people to access free lunches and full activities over the Holiday period.

•HAF2020 Christmas was funded by Wirral council and Edsential, deliver 1100 Family food and activity hampers to School children’s families across Wirral.

•Limited opportunities for Personal development or to Facilitate education and training, however we were able to offer Online Music production lessons and offered webb1fusion TV on the internet social music chat show. With restrictions relaxed we were able to offer with partners – Crea8ing careers and 3d Training programmes around Communication, Mental health First Aid Communication and problem solving, First Aid. ACES and Youth Connect 5.

•Finally able to start Peoples Health Trust Volunteer Development programme employing Volunteer Development Manager

•Social inclusion to reduce isolation and improve cohesion developing the sense of community, Health – Physical and Mental. opened up Pemberton gardens and started “Wellness sessions”. Places: Due to the Pandemic The Main focus of Day in Day out, Activity centred around the Hoole rd Site as safer to manage and could remain open to support community, during lockdown for Emergency Food Provision and support for the Whole community. In the first half of the Year, offering Social Supermarket, Emergency Food support and advice and guidance for residents. The Carrbridge community Centre was only used when Restrictions relaxed and controlled social activities could take place in the second half of the year and gradually started to to pen up for user groups and training. The Pemberton Gardens gradually opened up with wellness sessions and another option for residents to engage in face to face activity as we progressed through the year.

The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.

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The Carrbridge Centre Ltd

Company Registration Number - 09187659

Trustees' Annual Report for the year ended 31 August 2021

Structure, governance and management of the charity

The methods used to recruit and appoint new charity trustees.

The Directors of the charitable company are also Chairty Trustes for the purposes of charity law and under the Company's Articles are known as The Trustee. Under the requirements of the Memorandum and Articles of Association, co-opted Trustees hold office until the next Annual General Meeting.

proposed Trustee appointments can be put forward and the board must decide whether or not to appoint the nominee(s) in accordance with the Articles of Association.

The policies and procedures for the induction and training of trustees.

Most Trustees are already familiar with the work of the Charity through attendance at open days and involvement in the activities run at the charity's premises. Trustee update/induction days will take place on a regular basis, usually every year so that all Trustees are kept aware of their role and responsibilities. Any major changes in the interveneing periods are communicated to them at the scheduled bi-monthly meetings of the Board.

New Trustees are supplied with a copy of the Memorandum and Articles of Association, the latest available financial statements and minutes of recent board meetings. They are also advised to visit the Charities Commission website to ensure that they are fully aware of what their respective rights and responsibilities are.

Inductions are then followed up by experienced members of the board to insure new inductees understand the information provided and answer any questions that remain.

Bankers Barclays Bank, 182-184 Grange Rd, Birkenhead, Merseyside, CH41 6EA Accountants APH Accountants Ltd, 259 Wallasey Village, Wallasey, CH45 3LR

Financial review

The charity's financial position at the end of the year ended 31 August 2021

The financial position of the charity at 31 August 2021 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-

Restricted Revenue Funds
Total Funds
Net income
Unrestricted Revenue Funds available for the
general purposes of the charity		 2021
£
20,003
103,035
10,009
113,044		 2020
£
57,238
53,955
39,087
93,042

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The Carrbridge Centre Ltd

Company Registration Number - 09187659

Trustees' Annual Report for the year ended 31 August 2021

Financial review of the position at the reporting date, 31 August 2021 .

The trustees consider the financial performance by the charity during the year to have been satisfactory. (change to something more appropriate, if this is not the case)

Specific changes in fixed assets are detailed in the notes to the accounts.

Policies on reserves.

It is the policy of the Charitable Company to maintain unrestricted funds which are free reserves at a level to cover 3 months runnning costs if no further funding was received.

As at the end of the financial year, the unrestricted funds totalled £103,035. The charitable company requires £49,000 for 3 months runnning costs at the current level.

Therefore the company has unrestricted reserves that are in accordance with this policy.

Availability and adequacy of assets of each of the funds

The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.

Plans For the Future

Summary of plans for the future and the trustees' perspective of the future direction of the charity.

The Carrbridge Centre has the security of substantial unretricted reserves to secure salary costs of core staff to continue to navigate through the pandemic and beyond, and also to seek opportunities as they arise to contniue to support the community through uncertain times.

We expect the next few years for The Carrbridge Centre to focus it's work on supporting the community to be able to support itself, it will be challenging for all involved, however the organisation has proved resilient in the face of adversity and with community support being recognised, the true meaning of #webb1fusion 'working together' for Woodchurch to bounce back will continue to be the foundation of all the work that we do. Community led.

Details of The Independent Examiner

Paul White

Member of Chartered Institute of Management Accountants

APH Accountants Ltd

259 Wallasey Village Wallasey Merseyside CH45 3LR

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The Carrbridge Centre Ltd

Company Registration Number - 09187659

Trustees' Annual Report for the year ended 31 August 2021

Statement of the Directors' and Trustees' Responsibilities

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), .

In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-

The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.

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The Carrbridge Centre Ltd

Company Registration Number - 09187659

Trustees' Annual Report for the year ended 31 August 2021

Method of preparation of accounts - Small company provisions

The financial statements are set out on pages 10 to 25.

The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016)

These financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

This report was approved by the board of trustees on 13 June 2022.

Lesley Reith (Jun 21, 2022 12:24 GMT+1)

LESLEY REITH Director and Trustee

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The Carrbridge Centre Ltd

Report of the Independent Examiner to the Trustees of the charitable company on the accounts for the year ended 31 August 2021

I report to the Trustees on my examination of the financial statements of the charitable company on pages 10 to 25 for the year ended 31 August 2021 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 15.

Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report

As described on page 6, you, the charitable company's Trustees, 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 Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.

The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the memorandum and articles of the charity for the conducting of an audit, 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 to Section 476 of the Companies Act 2006. As a consequence, 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 any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-

a) examine the financial statements of the charity under Section 145 of the Act;

b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of Independent Examiner's Statement and scope of work undertaken

Since the charitable company's gross income exceeded £250,000, the charitable company's examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am an authorised member of Chartered Institute of Management Accountants, which is one of the listed bodies.

I report in respect of my examination of the charity's financial statements 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 145(5)(b) 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 charitable 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 items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such 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 test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with 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 at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide

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The Carrbridge Centre Ltd

Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.

Independent Examiner's Statement, Report and Opinion

Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-

The accounts of this charitable company are not required to be audited under Part 16 of the Companies Act 2006;

This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;

and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-

accounting records were not kept in respect of the charity as 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 statements do not comply with the applicable requirements concerning 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 with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Signed:-

Paul White - Independent Examiner

Chartered Institute of Management Accountants

APH Accountants Ltd 259 Wallasey Village Wallasey Merseyside CH45 3LR

This report was signed on 13 June 2022

9

The Carrbridge Centre Ltd - Statement of Financial Activities for the year ended 31 August 2021

Statement of Financial Activities (including the Income and Expenditure Account for the year ended 31 August 2021, as required by the Companies Act 2006)

Current year
Unrestricted
Funds
2021
£
Income & Endowments from:
Donations & Legacies
A1
11,177
Charitable activities
A2
45,361
Total income
A
56,538
Expenditure on:
Charitable activities
B2
7,457
Total expenditure
B
7,457
Net income for the year
49,081
Net income after transfers
A-B-C
49,081
49,081
Reconciliation of funds:-
E
Total funds brought forward
53,955
Total funds carried forward
103,036
SORP
Ref
Net movement in funds		 Current year
Restricted
Funds
2021
£
-
167,412
167,412
196,490
196,490
(29,078)
(29,078)
(29,078)
39,087
10,009		 Current year
Total Funds
2021
£
11,177
212,773
223,950
203,947
203,947
20,003
20,003
20,003
93,042
113,045		 Prior Year
Total Funds
2020
£
17,316
176,630
193,946
136,708
136,708
57,238
57,238
57,238
35,804
93,042

The 'SORP Ref' indicated above is the classification of income set 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.

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

All activities derive from continuing operations

The notes attached on pages 15 to 25 form an integral part of these accounts.

10

The Carrbridge Centre Ltd - Statement of Financial Activities for the year ended 31 August 2021

The Carrbridge Centre Ltd - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP

Income from:
Donations & Legacies
A1
Charitable activities
A2
Total income
A
Expenditure on:
Charitable activities
B2
Total expenditure
B
Net income for the year
Net income after transfers
Reconciliation of funds:-
E
Total funds brought forward
Total funds carried forward
Net movement in funds
SORP
Ref		 Prior Year
Unrestricted
Funds
2020
£
17,316
47,393
64,709
11,194
11,194
53,515
53,515
53,515
440
53,955

 Prior Year
Restricted
Funds
2020
£
-
129,237
129,237
125,514
125,514
3,723
3,723
3,723
35,364
39,087		 Prior Year
Total Funds
2020
£
17,316
176,630
193,946
136,708
136,708
57,238
57,238
57,238
35,804
93,042

All activities derive from continuing operations

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.'

The notes attached on pages 15 to 25 form an integral part of these accounts.

11

The Carrbridge Centre Ltd - Statement of Financial Activities for the year ended 31 August 2021

The Carrbridge Centre Ltd - Resources applied in the year ended 31 August 2021 towards fixed assets for Charity use:-

Funds generated in the year as detailed in the SOFA
Resources applied on functional fixed assets
Net resources available to fund charitable activities		 2021
£
20,003
(16,715)
3,288		 2020
£
57,238
(6,479)
50,759

The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals.

The notes attached on pages 15 to 25 form an integral part of these accounts.

Movements in revenue and capital funds for the year ended 31 August 2021

Revenue accumulated funds

Accumulated funds brought forward
Closing revenue funds
Summary of funds
Revenue accumulated funds
Recognised gains and losses before transfers		 Unrestricted
Restricted
Funds
Funds
2021
2021
£
£
53,955
39,087
49,081
(29,078)
103,036
10,009
103,036
10,009
Unrestricted
Restricted
and
Funds
Designated funds
2021
2021
£
£
103,036
10,009		 Total
Funds
2021
£
93,042
20,003
113,045
113,045
Total
Funds
2021
£
113,045		 Last year
Total Funds
2020
£
35,804
57,238
93,042
93,042
Last Year
Total Funds
2020
£
93,042

The notes attached on pages 15 to 25 form an integral part of these accounts.

12

The Carrbridge Centre Ltd - Balance Sheet as at 31 August 2021

SORP
Note Ref 2021 2020
£ £
Fixed assets A
Tangible assets 10 A2 17,930 6,008
Current assets B
Cash at bank and in hand B4 95,992 87,912
Creditors: amounts falling due within
one year 11 C1 (878) (878)
Net current assets 95,114 87,034
The total net assets of the charity 113,044 93,042
The total net assets of the charity are funded by the funds of the charity, as follows:-
Restricted funds
Restricted Revenue Funds 17 D2 10,009 39,087
Unrestricted Funds
Unrestricted Revenue Funds 17 D3 103,035 53,955
Designated Funds
Total charity funds 113,044 93,042

The 'SORP Ref' indicated above is the classification of Balance Sheet items as set 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 SOFA..

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

13

The Carrbridge Centre Ltd - Balance Sheet as at 31 August 2021

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 9.

The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

Lesley Reith (Jun 21, 2022 12:24 GMT+1)

LESLEY REITH

Trustee Approved by the board of trustees on 13 June 2022

The notes attached on pages 15 to 25 form an integral part of these accounts.

14

The Carrbridge Centre Ltd

Notes to the Accounts for the year ended 31 August 2021

1 Accounting policies

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding 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.

Risks and future assumptions

The charity is a public benefit entity.

The charity relies on grant funding from various funding bodies to continue its activities. This income can be uncertain. The Trustees have the view that they are able to continue to obtain funding from these bodies into the future on the assumption that no extraordinary events occur.

Policies relating to categories of income and income recognition.

Nature of income

Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers, as well as income received from grant funding and voluntary donations.

Categories of Income

Income is categorised as income from exchange transactions (contract income) and income from non-exchange transactions (gifts), investment income and other income.

Income from exchange transactions is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.

Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.

Income recognition

Income, whether from exchange or non exchange transactions, is 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 terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.

All income is accounted for gross, before deducting any related fees or costs.

15

The Carrbridge Centre Ltd

Notes to the Accounts for the year ended 31 August 2021

Income from legacies

Income from legacies is recognised when the charity has sufficient evidence that a gift has been left to them, that where required, probate has been granted, the executor is satisfied that the property in question will not be required to satisfy claims in the estate, that it is probable that the amount will be received by the charity, and the amount to be received can be estimated with sufficient accuracy, and that any conditions attached to the legacy are either within the control of the charity or have been met.

Where a payment is received from an estate or is notified as receivable by the executors after the reporting date and before the accounts are authorised for issue but it is clear that the payment had been agreed by the executors prior to the end of the reporting period, then the amount concerned is treated as an adjusting event and accrued as income in the accounting period if receipt is probable.

Where the charity has established entitlement to a legacy but there is uncertainty as to the amount of the payment, details of the legacy aredisclosed as a contingent asset until the criteria for income recognition are met. Where a legacy is subject to the interest of a life tenant, the legacy is not recognised as income until the death of the life tenant.

If it is doubtful that full settlement of a legacy debtor will be received, then an adjustment is made to reduce the amount of the legacy debtor and legacy income rather than charging the adjustment as expenditure in the Statement of Financial Activities

Membership subscriptions

The income and any associated Gift Aid or other tax refund from a membership subscription received by the charity in the nature of a gift, is accounted for on the same basis as a donation.

The income from a membership subscription received by the charity where the subscription purchases the right to services or benefits is recognised as income from charitable activities.

Policies relating to expenditure on goods and services provided to the charity.

Recognition 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 will 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 required to settle the obligation are uncertain, give rise to a 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 utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.

Policies relating to assets, liabilities and provisions and other matters.

Tangible fixed assets

Tangible fixed assets are measured at their original cost value, or subsequent revaluation. Cost value includes all costs expended in bringing the asset into its intended working condition.

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value ove estimated useful lives.

Computer equipment 33 % reducing balance Fixtures & Fittings 20 % reducing balance Motor vehicles 20 % reducing balance

A regular annual review of the likelihood of asset impairment is undertaken.

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The Carrbridge Centre Ltd

Notes to the Accounts for the year ended 31 August 2021

Accounting for capital grants and fixed asset funds.

Gifts of tangible fixed assets or grants of a capital nature, given for the purposes of acquiring specific assets to be fully utilised in the furtherance of the objects of the charity, are credited to fixed asset funds after the donated asset has been received or sums have been properly expended on the restricted purpose.

Where the terms of the gift require the charity to hold the asset on an ongoing basis for a specific purpose, then the fixed asset fund so created is categorised as a restricted fixed asset fund, and the relevant restrictions are noted in the fixed asset note 10.

Where the terms of the gift are met once the asset is acquired, so allowing the charity to use the asset on an unrestricted basis, including the right to receive the proceeds of any future sale of the asset on an unrestricted basis, then the fixed asset fund so created is categorised as a designated fixed asset fund.

When assets are acquired for the furtherance of the charity's objects, utilising the charity's own unrestricted funds, a transfer is made from unrestricted funds to a designated fixed asset fund.

Whether acquired with unrestricted or restricted funds, the asset acquired is initially shown in the balance sheet at the full cost of acquisition or subsequent revaluation.

As the related assets are depreciated, in accordance with the depreciation policy,in order to reflect the dimunition in the asset,a transfer is made from the relevant fixed asset funds to either unrestricted or restricted revenue funds, as appropriate to the terms of the original gift, if any.

The effect of this policy is that the aggregate of all fixed asset funds shall equate to the net book value of fixed assets.

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.

Any residual liability to the donor arising from, for example, the asset's future sale, is disclosed as a contingent liability unless the event that would trigger repayment of the grant becomes probable in which case a liability for repayment is recognised.

Insofar as this policy relates to Government grants and to the extent that it may be a departure from the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), such departure is justified on the basis that it is in order to comply with the SORP.

Creditors and provisions

Creditors and provisions are measured at transaction price.

Financial instruments including cash and bank balances

Cash held by the charity is included at 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.

Pensions - defined contribution schemes

The charity operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

Fund Accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the char

The Charity does not have designated funds.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.

17

The Carrbridge Centre Ltd

Notes to the Accounts for the year ended 31 August 2021

2 Liability to taxation

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt 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 extent that such income 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 relevant costs in the Statement of Financial Activities.

3 Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

4 Significance of financial instruments to the charity's position

There are no significant implications of financial instrument to the charity's position.

5 Net surplus before tax in the financial year

Depreciation of owned fixed assets
Pension costs
The net surplus before tax in the financial year is stated after charging:-		 2021
£
4,792
1,950		 2020
£
1,738
724

6 The contribution of volunteers

The charity depends on the support of its volunteers, which is much appreciated. 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 costs and emoluments

Salary costs
Gross Salaries excluding trustees and key management personnel
Total salaries, wages and related costs
Numbers of full time employees or full time equivalents
The average number of total staff employed in the year was
The estimated full time equivalent number of all staff employed in the year was
Employer's operating costs of defined contribution pension schemes		 2021
£
81,717
1,950
83,667
2021
4
4		 2020
£
67,554
724
68,278
2020
4
4

The estimated equivalent number of full time staff deployed in different activities in the year was:-

The estimated full time equivalent number of all staff employed as above 4 4

Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related entity, either in the current or prior year.

No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.

18

The Carrbridge Centre Ltd

Notes to the Accounts for the year ended 31 August 2021

8 Defined contribution pension schemes

The charity operates a defined contribution pension scheme.

Any liabilites and assets associated with the scheme are shown under debtors and creditors.

9 Remuneration and payments to Trustees and persons connected with them

No trustees or persons connected with them received any remuneration from the charity, or any related entity.

10 Tangible fixed assets

Cost
At 1 September 2020
Additions
At 31 August 2021
Depreciation
At 1 September 2020
Charge for the year
At 31 August 2021
Net book value
At 31 August 2021
At 31 August 2020		 Land and
Buildings
£
-
-
-
-
-
-
-
-		 Plant &
Machinery
£
11,849
7,415
19,264
6,882
2,724
9,606
9,658
4,967		 Motor
Vehicles
£
1,300
9,300
10,600
260
2,068
2,328
8,272
1,040		 Total
£
13,149
16,715
29,864
7,142
4,792
11,934
17,930
6,007
**11 ** Creditors: amounts falling due within one year
2021
2020
Accruals £
£
878
878

12 Loans to trustees included in debtors

There were no loan to trustees made during the period.

13 Guarantees made by the charity on behalf of trustees

There were no guarantees made by the charity on behalf of trustees during the period.

14 Income and Expenditure account summary
At 1 September 2020
Surplus after tax for the year
At 31 August 2021		 2021
£
93,042
20,001
113,043		 2020
£
35,804
57,238
93,042

19

The Carrbridge Centre Ltd

Notes to the Accounts for the year ended 31 August 2021

15 No related party transactions

There were no transactions with related parties in the year.

16 Particulars of how particular funds are represented by assets and liabilities

At 31 August 2021
Tangible Fixed Assets
Current Assets
Current Liabilities
At 1 September 2020
Tangible Fixed Assets
Current Assets
Current Liabilities		 Unrestricted
funds
£
12,021
91,892
(878)
103,035
Unrestricted
funds
£
5,359
49,473
(878)
53,954		 Designated
funds
£
-
-
-
Designated
funds
£
-
-
-
-		 Restricted
funds
£
5,909
4,100
-
10,009
Restricted
funds
£
648
38,439
-
39,087		 Total
Funds
£
17,930
95,992
(878)
113,044
Total
Funds
£
6,007
87,912
(878)
93,041

17 Change in total funds over the year as shown in Note 16 , analysed by individual funds

Unrestricted and designated funds:-
Unrestricted Revenue Funds
Total unrestricted and designated funds
Restricted funds:-
Wirral Council grants
Children in Need
Edsential
Peoples Health lottery
JMC Ringfenced (peoples health trust)
Stay and play fund
Youth club
West Wirral Community fund
Sundry Other funds
Total restricted funds
Total charity funds		 £
53,955
53,955
-
2,000
11,611
9,045
2,723
-
-
1,039
12,669
39,087
93,042
Funds brought
forward from
2020		 See Note 18
£
49,080
49,080
3,515
(2,000)
(11,611)
(5,880)
-
88
391
(920)
(12,661)
(29,078)
20,002
Movement in
funds in 2021		 See Note 0
£
-
-
-
-
-
-
-
-
-
-
-
-
-
Transfers
between
funds in 2021		 £
103,035
103,035
3,515
-
-
3,165
2,723
88
391
119
8
10,009
113,044
Funds
carried
forward to
2022

20

The Carrbridge Centre Ltd

Notes to the Accounts for the year ended 31 August 2021

18 Analysis of movements in funds over the year as shown in Note 17

Unrestricted and designated funds:-
Unrestricted Revenue Funds
Restricted funds:-
Merseyside V.R.P Fund
Wirral Council grants
Children in Need
Edsential
Peoples Health lottery
Stay and play fund
Youth club
West Wirral Community fund
Sundry other funds		 Income
2021
£
56,538
8,500
92,258
9,968
53,062
-
88
417
-
3,119
223,950		 Expenditure
2021
£
(7,457)
(8,500)
(88,743)
(11,968)
(64,673)
(5,880)
-
(26)
(920)
(15,780)
(203,947)		 Other
Gains &
Losses
2021
£
-
-
-
-
-
-
-
-
-
-
-		 Movement
in funds
2021
£
49,081
-
3,515
(2,000)
(11,611)
(5,880)
88
391
(920)
(12,661)
20,003

Gains and losses are detailed in notes 0,0, 0, 0 and 0

19 The purposes for which the funds as detailed in note 17 are held by the charity are:-

Unrestricted and designated 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.

Restricted funds:-

Restricted Fixed Asset Funds

Restricted Revenue funds

The purpose of these funds is described under the accounting policy 'Accounting for capital grants and fixed asset funds'. These funds are held to be expended on the specific items detailed in the grant funding contract, or for the specific activities detailed in the grant funding contract.

20 Ultimate controlling party

The charity is under the control of its legal members.

Every member of the charity is obliged to contribute such amount as may be required not exceeding £10 to the assets of the company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.

21

The Carrbridge Centre Ltd

Detailed analysis of income and expenditure for the year ended 31 August 2021 as required by the SORP 2015

This analysis is classsified by conventional nominal descriptions and not by activity.

21
Donations and Legacies
Current year
Unrestricted
Funds
2021
£
Donations and gifts from individuals
5,576
5,576
Revenue grants from government and public bodies
-
-
Fundraising
5,601
5,601
Total Donations and Legacies
A1
11,177
22 Income from charitable activities - Trading Activities
Current year
Unrestricted
Funds
2021
£
Primary purpose and ancillary trading
38,524
6,137
44,661
General fundraising
Total Primary purpose and ancillary trading
Letting of property for charitable purposes
Sale of goods and services in accordance with the
charity's objects
Total Fundraising
Small donations individually less than £1000
Small grants individually less than £1000
Total donations and gifts from individuals
Total public sector revenue grants		 Current year
Restricted
Funds
2021
£
-
-
-
-
-
-
-
Current year
Restricted
Funds
2021
£
-
-
-		 Current year
Total Funds
2021
£
5,576
5,576
-
-
5,601
5,601
11,177
Current year
Total Funds
2021
£
38,524
6,137
44,661		 Prior Year
Total Funds
2020
£
2,691
2,691
10,000
10,000
4,625
4,625
17,316
Prior Year
Total Funds
2020
£
39,878
7,515
47,393

22

The Carrbridge Centre Ltd

Detailed analysis of income and expenditure for the year ended 31 August 2021 as required by the SORP 2015

23 Charitable income from funders

Current year
Current year
Unrestricted
Funds
Restricted
Funds
2021
2021
£
£
Contractual payments from public bodies to fund charitable activities
-
549
-
549
Grants from non public bodies to fund charitable activities
-
8,500
-
92,258
-
9,968
-
53,062
-
-
-
250
500
-
-
2,320
-
88
-
417
-
-
-
-
-
-
200
-
700
166,863
700
167,412
24
Current year
Current year
Unrestricted
Funds
Restricted
Funds
£
£
2021
2021
Total income from charitable trading
44,661
-
Total Charitable income from funders
700
167,412
Total from charitable activities
A2
45,361
167,412
Peoples Health Lottery
Merseyside V.R.P. Fund
Children In Need
Wirral council grants
Small payments individually less than £1000
Total contractual payments from public bodies
Edsential
Feeding Britian fund
Youth club
Total Grants from non public bodies to fund
charitable activities
Total Income from charitable activities
Stay and play fund
Community foundation (J Carragher)
Magenta
Police and Crime Commissioner
Burbo bank
Total Charitable income from funders
Various Other Funders
LCR cares Covid 19 community support fund		 Current year
Total Funds
2021
£
549
549
8,500
92,258
9,968
53,062
-
250
500
2,320
88
417
-
-
-
200
167,563
168,112
Current year
Total Funds
£
2021
44,661
168,112
212,773		 Prior Year
Total Funds
2020
£
5,814
5,814
-
-
9,968
27,068
9,276
-
-
-
-
-
11,840
5,000
27,637
32,634
123,423
129,237
Prior Year
Total Funds
£
2020
47,393
129,237
176,630

23

The Carrbridge Centre Ltd

Detailed analysis of income and expenditure for the year ended 31 August 2021 as required by the SORP 2015

25 Expenditure on charitable activities - Direct spending

Current year
Unrestricted
Funds
2021
£
-
-
-
108
659
1,611
4,488
(6,525)
261
567
-
Total direct spending
B2a
1,169
Gross wages and salaries - charitable activities
Running costs
Defined contribution pension costs - charitable
activities
Sessional fees
Marketing and advertising of charitable
services
Equipment
Activities, events and trips
Food
Motor expenses
Temporary Staff - Charitable Activities
DBS fees		 Current year
Restricted
Funds
2021
£
81,717
1,950
-
55
4,607
7,600
2,189
50,739
1,894
-
93
150,844		 Current year
Total Funds
2021
£
81,717
1,950
-
163
5,266
9,212
6,678
44,214
2,155
567
93
152,015		 Prior Year
Total Funds
2020
£
58,062
724
861
-
11,298
5,119
2,796
28,685
1,168
3,596
227
112,536

26 Expenditure on charitable activities - Charitable trading

Current year
Unrestricted
Funds
2021
£
1,164
Total charitable trading costs
B2b
1,164
Cost of goods for primary purpose trading		 Current year
Restricted
Funds
2021
£
36,498
36,498		 Current year
Prior Year
Total Funds
Total Funds
2021
2020
£
£
37,662
7,578
37,662
7,578

24

The Carrbridge Centre Ltd

Detailed analysis of income and expenditure for the year ended 31 August 2021 as required by the SORP 2015

27
Employee costs not included in direct costs
Financial costs
Support costs before reallocation
Total support costs
Loss on disposal of fixed assets
Other salaries
Training and welfare - staff
Travel and subsistence - staff
Office costs
Payroll fees and charges
Support costs for charitable activities
Memberships and licences
Insurance
Depreciation & Amortisation in total for the		 Current year
Unrestricted
Funds
2021
£
-
38
291
198
751
1,884
330
-
907
4,399
4,399		 Current year
Restricted
Funds
2021
£
-
14
94
203
3,178
1,523
251
-
3,885
9,148
9,148		 Current year
Total Funds
2021
£
-
52
385
401
3,929
3,407
581
-
4,792
13,547
13,547		 Prior Year
Total Funds
2020
£
8,631
53
440
135
2,473
1,492
682
225
1,738
15,869
15,869

The basis of allocation of costs between activities is described under accounting policies

28 Other Expenditure - Governance costs

Current year
Unrestricted
Funds
2021
£
Independent Examiner's fees
725
Total Governance costs
725
29 Total Charitable expenditure
Current year
Unrestricted
Funds
2021
£
Total direct spending
B2a
1,169
Total charitable trading costs
B2b
1,164
Total support costs
B2d
4,399
Total Governance costs
B2e
725
Total charitable expenditure
B2
7,457		 Current year
Restricted
Funds
2021
£
-
-
Current year
Restricted
Funds
2021
£
150,844
36,498
9,148
-
196,490		 Current year
Total Funds
2021
£
725
725
Current year
Total Funds
2021
£
152,015
37,662
13,547
725
203,949		 Prior Year
Total Funds
2020
£
725
725
Prior Year
Total Funds
2020
£
112,536
7,578
15,869
725
136,708

25