BYRNE AVENUE BATHS Byrne Avenue Trust Trustees Annual Report & Financial Statements Year ended 31 December 2020 Charity Registration Number: 117211M Company Registration Number: 9919384 Ron Welsh & Co Cbartered Aeeount2nts Cheshlre
Byrne Avenue Trust Report and Financial Statements Year ended 31 December 2020 Contents Contents Report of th¢ Trust¢es Statement of financial activities Balance sheet Not¢s 8-10
Byrne Avenue Trust Report and Financial Statements Year ended 31 December 2020 Page I Legal and admlnistratlve infOrntiOn Ststss The organisation is a company limited by guarante4 incOr)rated on 16th December 2015 and a regist¢r¢d clwity. regist¢ted ou 16th mCh 2017. The charity operates under the working nam¢ of "Byrne Avenue TTrl-. Registered as a chariry 16thMarch 2017 Charity number 1172104 Ms Jenny Allen (resigDed 08101120211 Mr Colin Davies (resigned 1010612020) Mr Eric Johnson (Nigned oim912021) Mr Peter Sherlock Ms Cathuine Mcclarnon {appointed 1710312021) Ms christiE Traynor (Tcsigned 07107r2021) Operation address Avenue Baths Byrne Avenue BiTkenh¢ad Merseyside CH42 4PQ
Byrne Avenue Trnst Report and Financiydl Statements Year ended 31 December 2020 Page 2 Report of the Trnstees for the year ended 31st Detember 2020 The Tee$ present their report and the fitwiciat stateMts for the year ended 31 December 2020. Structhr4 Covernance M•pggeme•t Governlllg Docwnent nd Orgxntstfional Strlltture Byrne Av¢nu¢ Trust is controll¢d by its governing d(Kutll a Memorwth of Asso¢tation. It is company limited by guarantee. &s defined by the Compani&s Acts, and was incotporated on 16th December 2015. The company was registcred &8 a clwity on 16th Match 2017. The Thlst is ¢stablisbed und¢r a Memorandum of A&8(Kiation wbi¢h sets out its objectives alld powers and is governed by its Articles of AssociatioTr It is maDaged by a b(wd of diTecioTS who are dircctors for the pw[m)s of conwany law c]wity tnLStees for the )SeS of cbarity law. The tTUStees meet on a Tegular basis at le&gÈ 6 times w year. The TTUSt¢es of the charlry wbom have served dwillg the year are set out on pag¢ l. In preing this r4 the trustees bave had regaTd for the C]wity cOml0s.5 guidarLce on public bellefiL Objectives and adlvitles The clwity obje¢ts {'X)bjectsl are speafically restrictul ts) the following. The advancement of sp)rt and the PD)vAsion of recreational facilities for the public b¢nefiL To fiirther or benefit the residents of Ro¢k Fery and the neighlx)utboo(L wiihout diStitiOn of se& sexual ori¢ntst1o race or forlitical, religlow or other opinions by a&8ociating together the said residents and thc local authoritues. voluntary and Oth organisatiofts tn a common effort to advance educ[On a1 to provide faciltti&s in the iDterests of socia] welfare for the recreation and leisure time 0UpatiOn WAth th¢ objethtye of impToving the ¢onditiolls of life for the resid¢nts. In fiutheTance of these objects but not othenvise. the trteeS shall have power. To establisb or secure the establishll*nt of a commurrity centre and to maintaiD or Dge or cfroperate with any ststutory authority in the m8illten8nc¢ and management of such a centre for activities pmmoted by the chariry in firtherdnce of the aiM)ve objectives. To preserve for the bcncfit of the people of Winal and the nalion at larg¢ the building of spwial archittUral and bistoric interest ktK)wn as Avenue Swimtw Baths.
Byrne Avenue Trust Report and Financial Statements Year ended 31 December 2020 Page 3 Report of the Trustees for the ytar ended 31st Deeember 202•" toAtiAUWL. Achievement and PerfornMn¢e Like many organisations. the Covid Pandemic which first hil in March 2020 has had a significant impact on PTogress this year. The iniual -l¢Kkdown- An March 2020 saw th¢ building close for all restoration work for four month& Subsequent restrithioLs allowed construction WO to r¢5t8rt ationally. which tlleant work at the Bath5 Uld continue. However. delays due w suiKontrdCtot5 t¢sting positive together or the ld Workload in the sector generally. llL¢ant that even though work testsrted the oriwl timescales were beyond rescue. That said progress has been mad¢. The sports I11 withws have been restOTe¢ repainted and reglaZe our build5 are underway with initial works including rnewing the toilets, and there h89 b¢en progress with the ri)ofs. Finances were carefiY monitor&J througbout the pandemic. unforttIy, a nWDber of busine support grdnts were unavatlable to the Tnt du¢ to the Bath5 not king opeTational PTior to the pondemic. The delay iti opening was not considered despite income generation being affected. However. all costs were reduc{ as far as possible an¢ due to these measures, the Tnjst was at no point tn financial difficulty. We cont&nue to thank all of our fimdws for their suppxr and patience during these uncert2in tymcs. Flnancial Review The TnteeS are pleased with the conlinuillg F*rfoTuMice of the charity as set out in the fitwici81 statements. Reserves Pollcy The Trust is CUTrently using all funding to r¢store Bjrne Avenue Bath5. This is being done in phases to ensure 3 realistic approach and to Conserve cashfiow. As such the Trust are not bolding any r¢seEYes other than th05¢ ffquired to pay existing outgoillgs for a period of 12 months. Once the restoration project 18 comple1¢ and the Trust is able to move to an income generating EN)sition then the Tmst will introduce a reserves tM)licy. Funding Funding I8 continued to be sought for the w0S from a nw)ther of grant providers. A number of capitsl grants have been received tn particular-Pow¢r to Change- already mentioneAI within 'achievcment and perforniance. atx>v¢ will be ndIng the sports hall $toratiOn. Risk Review The Trustees have examined the major risks that th¢ charity face5 and h&8 taken sleps to minimise those risks.
Byrne Avenue Trust Report and Financial Statements Year ended 31 December 2020 Pag¢ 4 Report of the Trustee5 for the year rnded 31st December 202Q v)nilnue Trustees rtSPODsibilities rdation to th¢ fm•ll(ial statetyts v applicable to diarities ID England andwales th¢ tn]str¢s to pTcpar¢ financial sktements for eath financial !tarTrtiicb give atrne and fair view of the clwitw""s activitie5 duting th¢ prar aod of its financial tK)sition at the eod of tbe irar. In pteparillg fmancial sI¢men the InS are required to: lect suiiable ting w)licies and 2pplTr 1hcui Consi": been followed subjertto aD}' disdosed and expjaitifyl in the firAncial st2tem¢nty ald prep¢ the financial statements on the going LThC¢m basis untess it is in¥spropriate to ume that the dwitfv" Trijl continue ott th basis. teasonablc accura, at aav limc th¢ financi of the cbatitv and to enable them to ensure th* the financial statements compl!." iyith the Charities Act 2011. Thev also re5p)Dsible for safeguarding the assets of the cknits. and hence for tskng nable steps for the pteventt¢)n 8nd Mr D B HarrIn 27th Septemttr 2021.
ByrDer Avenue Trust Report Ydnd Financial StstemeDts Year ended 31 December 2020 Pag¢ 5 Independent Exanthiers Report lo the Trnstees of Byrne Avenue Trnst I rert on the fllwicial ststements of the charity for the year etthd 31st Decemtr 2020. which are set out on pages 6 to 10. Respectlve respoDsibllitles of trustees and examlner The charlty's trnstees respOlbIe fiTrr th¢ prepardtion of the financial staknents. The charity's trustees consider that an audit is not required for this year (under section 43(2) of the Cl)arities Act 1993 (th¢ 1993 Act) and that an indepenteDt exatDination is needeiL It is my respN)nsibility to: examine the financial slatcmenls (under seetion 43 of the Act): and to follow thc procedures laid do in the general directiots given by the Clwity Commission (under sertion 43(7)(b) of the Art)" and to stale wh¢th¢r particular matters bave come to my attention Basis of independent eiaminers report My ex&mination w&s carried out in a¢[dance with the geuernl diffrtions given by the Charity Commission. An ¢xamination includ&8 a review of the a(xounting records kept by the charity and comparison of the accounts presented with those Tecords. It also includes considerdtion of any unusual items or disclosur in the 8ccouniX and seeking explanations from you as trustees concerning any such matters. The proced undertaken do not provide all the evidence that would be required in an audiL and consequently I do t express an audit opinion on the view given by the filla1 statements. Independent examiners Statement In the course of Tny examination. no matter has come to my attention which gives me reasonable cause lo believe that in any material rwt tb¢ requirements: to keep accounting records in ccord8nce with section 41 of the Act. and to prepare fllwtcial statcments wbi¢h accord witb tbe accounttng records and cotnply with the accounting requirements of the 19)3 A¢¢ have not been meL or to whicty in my Opinio attention should be drawn in or(kr to enable a proper understanditig of the fin8ncial ststements to be reached. Mr R C Welsh Ron Welsb & Co Chartered A¢¢ouDtaDts 27th September 2021.
Byrne AveDue Trust Statement of Financial Actlvities Year ended 31 December 2020 Page 6 Totsl Totsl Funds 2019 UDTe5trAcied Funds Re51rJeted Funds 202 Noles Activities to further the charitys objectives DoDations and legacic5 Grants re¢¢ivable Int¢rest receivable 10252 10252 211.066 252 230.830 157273 365 211.066 252 Total finnllE resour 10.504 211.066 221.570 388.468 Resource$ ezp¢nded Dirct charitable ex1 6,165 110249 116,414 115.159 Total resourtes expended 6.165 I10249 116.414 115.159 Net Ineoming for the year 4J39 l(Kl,817 105,156 273.309 Tr4nsf¢r8 btheeR fuDdy Net movelllent In fwids 4.339 l(M).817 105.156 273,309 Totsl funds at l January 202• io 25212 480.537 505.749 232,440 Total funds at 31 Deeernber 2020 29 51 581 610 05 Movemefthts in fund are shown ID I I to the financi ststements.
Byrne AVell Trnst Balance sheet As at 31 December 2020 P88¢ 7 2019 Nrte TrThxed a&*s Tangtble a&8ets 397.152 18i.990 rkbtws Casb atbw& and inhaThl 264.453 264.453 J22.459 50.71 21J.753 610.Y)5 J2R.759 505.749 61 Unrestricted funds 29551 Z5212 29551 581354 610M5 25.212 480,5J7 Totsl funds The meniteTS hai'e llot TEquired the c111?]e wnpary to thtsin an awlii in acc( with Section 476 ofthe Compani&q Act 2)6. The direcknkn acknWIge their resFwisibilify for compliing Mr D B Barrison Trustee 27th Sqknnbtr 2021
Byrne Avenue Trust Notes to the financial ststemeDts Year ended 31 December 2020 Page 8 l AeeouDtIDE pollcies B4si$ of prepratlon The f]nancial stst¢m¢nts have Tr£n prryared under the historical 5t convention and in acci>rilance with the provisions of S¢rtion IA"Small Entities. of FRS102 The Financi R¢porting Standard applicable in the UK and Republi¢ of Ireland. and the CompaDies Act 2(M)6. The Financial StsteD)ents. incorporating a Statement of Financi Activities. have be¢n preparj in accordallc¢ witb Statement of RcCOllllll¢nd Prneti¢e SORP (effe¢tiv¢ January 2015) - "Accowiting and Repting by Chariti¢s'. Company sta5 The oiganisation is a registered charity and a company limited by guardnt¢¢. Th¢ liability in SPect of the guarantee as set out in the is limited to £10 w memb¢r of the compaoy. Fund ¢t•unllng Unrestricted fid5 are availabk for use at the discTetiOD ofthe tru5t¢es in fiher2ce of the generdl objective of the orgallisatiotL Restricted aye subjected to restriction on their expendittwe by the donor. All incom¢ and ¢xp¢ndithre is shown in the Ststement of Fitian¢ial Activiti. Tn¢ome and expenditizre All income and expenditure is accowit¢d for on th¢ accruais basi& Provisions Provisions rQgniSed in the balance sheet when there is a prent obligdtion as a result of a p&8t ev¢nL The provision recogDised is the best estimate of the expeIlture tequired to s¢ttl¢ the preseat obligation at the balance SIet date. Gr•nts Grants are c¥edited as in¢ ID the year in which they ate Teceivable. Grants are not recognised as receivable until ally conditt"ODS for Te¢¢ipt have been complied witlL Where donor imposed restn"dions apply to ihe timing of the related expenditure as a pre condition of its use the grant is treated as deftrred income until thas¢ r¢strictions are meL Grants receiv¢d for ycific purposes are accounted &$ rtt%tricfrd fund5. R¢sources expended are allocated to th¢ particularactivity wbete the cost relat¢s directly to that activity. UDrestrA¢t¢d fvnds 8r¢ donations and other incoming resouw receivable or gener8ted forthe obj¢¢ts of the clwity without fither specified PUrry and are available as general funds. zed Assets Depreciation is caiculat¢d to writs off the c(t or Valuati &stimated K8idual valu< of tangible fixed ets over their eStiated u5efvl lives to the Chlty. as follows; IA>ng ISehOld Property. ovttthe 99 year Iwe terni A&8ets are carried in th¢ balanc¢ sheet at theTr written down historical
Byrne Avenue Trust Notu to the finanefial statsmeDty conthiue Year ended 31 December 2020 Pase 9 2 kn¢oming resources from 4CtMties to furtlw the charity's objects 2020 Totsl 2019 Totsl Donations appeals and Iwci&s Grants receivable Interest receivable 10252 10252 211.066 252 221570 230,830 157.273 365 388 468 211.060 252 3 Total resourcts e4*llded 2026 Totsl 2019 Totsl Ac¢ountan¢y 8¢rvi¢es Adv¢rti5ing promotion and mark Sccurity Utiltti¢s costs Repairs mtiintenance Cleaning D¢preciation of pr( Consultancy Trnvel aTMI sub$istence Training Legal and proftssional Insurance Telephone Printing postage and stationery Subscriptions Sundry expenses 756 369 2.714 3.879 15JOI 68 4.168 69,148 700 270 3.797 8,125 31264 9,931 1,908 41.898 464 1,021 33 13.872 116 280 683 797 41 410 2.714 3.879 17,(M)I 1.71J) 4.168 71.148 131 697 33 13.680 115 18 166 1.346 116414 131 697 33 13.680 115 18 166 1.346 110249 4 Tautlo The charity 18 exempt from tsx on its clwitsbk activities.
Byrne Avenue Trnst Notes to the financial Stst¢men conthiUe_ Year eDded 31 December 2020 Pag¢ 10 5 T*Dglble fi1 assets Land and Buildings Total l January 2020 Additions 31 December2020 186.990 217,330 186,990 217.330 Depreclation l January 2020 Charge for the year 31 December 2020 4.168 4.168 Net Ixwk value 31 December 2020 397 152 l January 2020 183 990 6 Anxtysis of net assets behveen fwids Ullrestricted Funds Restticted Funds Total Fun(Ls Tangible red assets Net current 397.152 184202 581 354 397.152 213.753 610.905 29551 29 51 7 Movements In funds At l January 2020 Incoming Outgoing 31 December Resources 2020 Restiicted funds Unrestricted fijnds Total fid$ 480,537 25212 505 749 211.066 10.504 221570 110249 6.165 116414 581,354 29,551 8 RelAted party trau$8¢110 The admiDistratioD of the cbkrity is p¢rform¢d by the tnleeS on a voluntsrybasi&