LIVERPOOL HOMELESS FOOTBALL CLUB ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED ST 31 MARCH 2024 Company No. 08457588 Charity Registration No. 1182349
LIVERPOOL HOMELESS FOOTBALL CLUB CONTENTS Page Trustees, Annual Report Statement of Trustees, Responsibilities Independent Examiner's Report statement of Financial Activities Balan Sheet 10 Notes forming part of the Financial Statements 11
LIVERPOOL HOMELESS FOOTBALL CLUB TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024 The trustees are pleased to presenl their annual report for the year ended 31 $1 March 2024. The financial statements comply with the Charities Act 2011, Companies Act 2006, Accounting and Reporting by Charities,. Statement of Recommended Practice (SORP 2019) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102} (as amended for accounting periods commencing from 1st January 2019). OBJECTIVES AND ACTIVITIES The prevention or relief of poverty, sickness and need which is mainly, but not exclusively, caused by homelessness or that may result in homelessness by providing information, advice education and seNices. The relief of unemployment for the benefit of the public in such ways as may be thought fit, including assistance to find employment. To advance in life and relieve needs of young people through the provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life. Providing support and activities which help develop their skills, capacities, and capabilities to enable them to participate in society as mature and responsible individuals. To promote social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society. ACHIEVEMENTS AND PERFORMANCE FOR THE YEAR This year has been transformative for LHFC, marked by significant achievements and strategic developments. Over the past 12 months. we have delivered a range of impactful activities aimed at supporting homeless individuals and those at risk of homelessness through football. 1. National Lottery Funding.. We secured a three-year funding grant from the National Loltery, which will significantly bolster our programs and initiatives, ensuring their sustainability and growth. 2. Appointment of New Men's Project Coordinator: Keith Heckingbottom, with extensive experience in community outreach and program management, joined us as the new Men's Project Coordinator. He has already increased participation in our programs. 3. New Chairman Appointment: Ray Smith, one of our founders, stepped into the role of Chairman. His passion and dedication to the cause will undoubtedly steer the club towards new heights, leveraging his deep understanding of our mission and vision. 4. Homeless World Cup (HWC) South Korea: LHFC volunteers once again shared their invaluable experience skills in the organisation of the Homeless World Cup held in South Korea. Building links on the international stage. 5. Homeless World Cup Partnerships: We formed new partnerships and strengthened existing ones, including collaborations with local businesses, community organizations, and football clubs.
LIVERPOOL HOMELESS FOOTBALL CLUB TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024 6. Kip on the Kop: The inaugural "Kip on the Kop" event at Anfield in 2023 raised over £65,000 to support homeless people across the city. Our CEO John Finnigan and Patron John Bishop rose to the challenge in the 2024 event, which raised £71,000. The funds raised will again be divided bebNeen LHFC and the Liverpool FC Foundation to continue the programs Ihey both deliver. 7. Drop-in Sessions: Regular drop-in sessions for both men and women provided a safe space for social interaction, physical exercise, and support services. 8. Tournaments and Presentation Days: Organised and participated in various tournaments, both locally and nationally, with presentalion days celebrating our participants, achievements. 9. Support Services: Provided mental health support, training courses, and assistance into employment for participants, helping them reintegrate into society. 10.Partnership with Liverpool FC Foundation: Secured financial support from the Liverpool Foundation, enabling us to expand our outreach and services. Member Outcomes Our interviews with players and staff have been incredibly insightful, allowing us to improve our services. Recurring themes include the escape from everyday life, benefits for mental and physical health, and increased socialisation. "I suffer with bad mental health schizophrenia, anxiety, and depression. Coming here is a blowout for me, where I can forget about all that." . Aaron, drop-in attendee "You make loads of friends - everyone is happy here and makes you feel welcorne." league player "It's good for my mental health and takes me away for a couple of hours.". AJ, drop-in attendee These interviews, available on our social media channels with permission, offer a deeper insight into the lives of those we support. Paul, FINANCIAL REVIEW Total income in the year was £59,831 (2023.. £60,090) of which £34,860 (2023.. £46,970), related to funding for projects upon which restrictions are placed. Total expenditure in the year was £64,669 (2023- £105,010), leaving a deficit for the year of £4,838 (2023: deficit £44,920). At 3151 March 2024 the charitable company's reserves stood at £7,521 (2023: £12,359) of which £23,997 (2023.. £4,731) represented restricted funds Risk Assessment The main risks, to which the charitable company is exposed, as identified by the Trustees, have been considered and systems have been established to mitigate those risks. A full business continuity plan has been developed and tested that enables all stakeholders to be fully informed as to when it needs to be activated, and the individual actions required. Reserves Policy It is the policy of the charitable company to maintain unrestricted funds, which are free reserves at a level to cover redundancy provision and six months, running costs should no further funding be received.
LIVERPOOL HOMELESS FOOTBALL CLUB TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024 As at the end of the financial year the unrestricted funds totalled -£16,476. The charitable company requires £5,890 for redundancy provision and £24,538 for six months, running costs, (total £30,428). The Trustees intend to increase the unrestricted reserves by diversifying the funding efforts. They will enhance their fundraising activities by organizing more community events, such as charity matches, and local business partnerships, to generate additional income. The charitable company have secured 3 years funding from the National Lottery and Decathlon and are actively seeking additional opportunities from both local and national funding bodies to supplement our income and stabilize our finances. The charitable company are building relationships with local and national businesses to secure sponsorship deals that provide a steady stream of income. PLANS FOR FUTURE The future looks exceptionally promising for LHFC, thanks to our secured funding and strategic partnerships.. 1. Strengthened Partnerships: Our partnership with the Irish Homeless Team has grown slronger, opening new avenues for collaboration and support. We anticipate increased joint activities and shared best practices. 2. Involvement with England Homeless Team: We are excited about our anticipated involvement in the selection process of the England Homeless Team. This will allow us to contribute to national-level initiatives and showcase our participants, talent on the world stage, inclLtding the 2025 Homeless World Cup in Oslo. 3. Skills Audit: Trustees are in the process of carrying out a skills audit for the LHFC staff and volunteer leam to create a comprehensive training program. This program will cover essential areas such as safeguarding, mental health awareness, suicide awareness, first aid, and more. 4. Increased participation: Our data shows that participants from Halton, Liverpool, Sefton and St Helens, 4 boroughs of the Liverpool Cily Region attend LHFC activities and events. Our aim is lo engage with organisations in the borough of Knowsley to raise our profile and recruit participants. STRUCTURE, GOVERNANCE AND MANAGEMENT The organisation is a charitable company limited by guarantee, incorporated on 22nd March 2013 and registered as a charity on 6th March 2019. Formerly known as Liverpool Homeless Football Club C.l.C (name changed 9th January 2019) The Governing Instruments under which the charitable company operates comprise the Memorandum and Articles of Association together with the policies made from time to time by the trustees. In the event of the company being wound up members are required to contribute an amount not exceeding £1. The board meets on a quarterly basis, with any additional meetings as required. The trustees are elected members and have a responsibility to act in the best interest of Liverpool Homeless Football Club. They are responsible for the organisation's governance, sustainability and accountability.
LIVERPOOL HOMELESS FOOTBALL CLUB TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024 REFERENCE AND ADMINISTRATIVE DETAILS Name Liverpool Homeless Football Club 08457588 Company Number Charity Number Registered Office 1182349 1-27 Bridport Street Liverpool Merseyside L3 5QF S Farrelly J Jacobsen S Kweeday R Smith Trustees (Appointed 17th July 2023) (Appoinled 1st September 2024) Company Secretary Independent Examiner Sheila Farrelly Ying Huang ACCA CIO LCVS 151 Dale Slreet, Liverpool L2 2AH Bankers Barclays Bank plc, Leicester LE87 2BB Signed on behalf of the Board of Trustees <rtrt4 S Farrelly - Trustee Il. iQ.2.2* Dated:
LIVERPOOL HOMELESS FOOTBALL CLUB STATEMENT OF TRUSTEES, RESPONSIBILITIES Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its incoming resources and application of reSoUrs. including income and expenditure, for the financial year. In preparing those financial statements, the trustees should follow best practice and: select suitable accounting policies and then apply them consistently., obseNe Ihe methods and principle in the Charities SORP. make judgements and estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue as a going concern., state whether applicable accounting standards have been followed, subject to any material departure disclosed and explained in the financial statements. The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies 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 irregularities. This report has been prepared in accordance with the Charities Act 2011, Companies Act 2006, Accounting and Reporting by Charities., Statement of Recommended Practice (SORP 20191 applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1st January 2019). Signed on behalf of the Board of Trustees S Farrelly - Trustee Il. Il.ao&*
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LIVERPOOL HOMELESS FOOTBALL CLUB I report on the accounts of the charitable company for the year ended 31st March 2024, which are set out on pages 8 to 19. The trustees (who are also the directors of the company for the purposes of company law) are responsible forthe preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the 2011 Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act, and to state whether particular matters have come to my attention. My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presenled with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. Res ective res onsibilities of trustees and examiner Basis of inde endent examiner's statement In connection with my examination, no matter has come to my attention.. (1) which gives me reasonable cause to believe that in, any material respect, the requirements: to keep accounting records in accordance with section 386 of the Companies Act 2006,. and to prepare accounls which accord with the accounting records and comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles ofthe Statement of Recommended Practice: Accounting and Reporting Charities have not been met., or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Inde endent examiner's statement Name: Ying Huang Relevant professional qualification or body- ACCA Address: clo LCVS 151. Dale Street, Llverpool, L2 2AH Dated:
LIVERPOOL HOMELESS FOOTBALL CLUB STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME & EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST MARCH 2024 Notes Unrestricted Restricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 Income and endowments from". Donations and legacies Charitable activities Other Income 3a 3b 3c 8,360 8,360 34,860 16,611 10,425 49,665 34,860 16,611 Total income 24,971 34,860 59,831 60,090 Expenditure on: Charitable Activities 49,075 15,594 64,669 105.010 Tolal expenditure 49,075 15,594 64,669 105,010 Net expenditure, net movement in funds (24,104) 19,266 (4,838) (44,920) Total funds brought forward 9,10 7,628 4,731 12,359 57,279 Total funds carried forward 8-10 (16,476) 23,997 7,521 12,359 The notes on pages 10 to 19 form part of these accounts. All the above amounts relate to continuing the activities of the charitable company.
LIVERPOOL HOMELESS FOOTBALL CLUB BALANCE SHEET AS AT 31st MARCH 2024 Company Number 08457588 Notes 31st March 2024 31st March 2023 Fixed assets Tangible fixed assets 800 3,883 Current assets Debtors Cash at bank and in hand 404 13,404 834 14,779 13,808 15,613 Current liabilities Creditors: amounts falling due within one year (7,087) (7,137) Net current assets 6,721 8,476 Total assets less current liabilities 7,521 12,359 Funds: Unrestricted fijnds Restricted funds {16,476) 23,997 7,628 4,731 8,10 7,521 12,359 These financial statemenls have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS102). These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies, regime and in accordance with FRS102 SORP. For the period covered by these accounts the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the companyto obtain an audit of its accounls forthe year in question in accordance wilh section 476 of the Companies Act 2006. The trustees, who are the directors of the company, acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. Approved by the Board on and sigT)ed on their behalf by.. S Farrelly- Trustee Dated: 11. 12. 202*
LIVERPOOL HOMELESS FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 1. Limited Liability The charity is a company limited by guarantee. Each memberfs liability is limited to £1. 2. Accounting Policies Basis of accounting The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (SORP 2019) (effective 1$1 January 2019), Charities Act 2011 and the Companies Act 2006. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The Charitable Company has taken advantage of the provisions in the SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. Going concern At the lime of approving the accounts the Trustees have a reasonable expectation, for the reasons outlined in the Annual Report, that the charitable company will be able to increase reserves to required level to continue in operational existence for the foreseeable future. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing the accounts. Fund accounting Unrestricted funds are the Charitable Company's free reserves available for the trustees to apply in accordance with the charitable company's charitable objectives. Restricted funds are subject to specific restrictive conditions imposed by the donor. All restricted funds are accounted for as restricted income and expenditure for the purposes is charged to the fund. Income COgnItion All income is recognised once the charity has entitlement to the income, there is sufficient certainty of receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably. Donations and legacies comprise of donations and general grants which are recognised in the accounts when received, with the exception of known legacies which are accounted for when their receipt is certain. Income from charitable activities is recognised on an accrual's basis. Grants receivables are recognised on the date on which their unconditional payment is confirmed by the donor. 10-
LIVERPOOL HOMELESS FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 Expenditure recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charitable company to that expenditure, il is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the Statement of Financial Activities. Support and governance costs are applied to unrestricted funds unless specifically included in the restrictions, as specified by the donor. Expenditure on charitsble activities relate to the operation of the charity comprising of direct charitable expenditure to meet the objectives of the charitable company. Support and governance costs relate to the management and operation of the organisation and also compliance with constitutional and statutory requiremenls in producing the annual report. These are dealt with in the Statement of Financial Activities when payment has been approved by the charitable company. Fixed Assets Capital expenditure of £200 and above is treated as a fixed asset and depreciated on the following bases in order to write off each asset over its estimated useful life.. Computer Equipment 33 % per annum straight line basis Motor Vehicles 25 % per annum reducing balance basis 20 % per annum reducing balance basis Fixture & Fittings Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short- term liquid investments with original maturities of three months or less, and bank overdrafts. Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right lo set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial liabillties Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement conslitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Derecognition of financial liabilities Financial liabililies are derecognised when the charity's contractual obligations expire or are discharged or cancelled.
LIVERPOOL HOMELESS FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 Critical accounting estimates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an Onoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Taxation Income and gains are exempt from taxation as they are received and applied for charitable purposes only. The charitable company benefils from various exemptions from tsxation afforded by tax legislation and are not liable to corporation tax on income or gains falling within those exemptions. 3. Income and endowments from Unrestricted Restricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 a. Donations and Legacles Donations 8,360 8,360 10,425 Donations and Legacies income for 2023 related wholly to unrestricted funds Unrestricted Funds 2024 Restricted Funds 2024 Total Funds 2024 Total Funds 2023 b. Charitable activities Unrestricted Granls 23 Foundation Adore Group Amazon Decathlon Corporate Foundation LCVS Community Impact Fund LFC Foundation National Lottery Reaching Communities Rise Construction Speedo Mick Foundation Steve Morgan Foundation The Big Help Project 2,695 2.500 2,500 292 5,000 1,653 2,000 10,650 10,650 16,250 16,250 10,000 10,000 2,000 11,450 4,575 3,000 3,000 2,460 2,460 34,860 34,860 49,665 Income from charitable activities in 2023 comprised £2,695 for unrestricted funds and £46,970 related lo reslricted funds. 12-
LIVERPOOL HOMELESS FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 Unrestricted Restricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 c. Other Income Gain on disposal of fixed assets 16,611 16,611 4. Expenditure on charitable activlties Direct Support & Charitable Governance Expenditure Costs Total 2024 Total 2023 Prevention or relief of poverty, sickness and need caused by homelessness 31,680 32,989 64,669 105,010 a. Analysed as follows.. 2024 2023 Direct charitable expenditure.. Staff salary costs Pension Coaching Malch Fees Sessional fees Back Kitchen food costs Activities Equipment Travel expenses Motor expenses Volunteer expenses Computer support 15,569 311 7,375 1,629 1,450 852 35,028 595 11,343 3,595 1.155 3,005 178 5,412 351 8,085 1,349 288 1,002 560 1,779 953 200 31,680 70,384 13-
LIVERPOOL HOMELESS FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 Support & Governan GOSts.' Staff salary costs Pension Office costs Running costs Insurance Marketing Sundry 20.697 267 722 4,552 1,084 305 572 17,965 320 2,114 1,136 2,903 288 351 F- 11 Maintenance and storage Legal and professional Hardship Fines Payroll fees Refreshments Subscriptions Accountancy fees Depreciation 150 13 1,179 35 113 508 107 1,491 1.194 1,896 108 2,371 205 933 267 1,340 2,429 32,989 34,626 Total expenditure on charitable activities 64,669 105,010 £15,594 (2023.. £73,879) of the above expenditure relates to restricted funding. b. Staff Costs 2024 2023 Gross wages and salaries Social security costs Pension costs 36,266 52,993 578 915 36,844 53,908 c. Particulars of employees.. The average number of employees during the year, calculated on the basis of full-time equivalents, was as follows: 2024 2023 Charitable activities No employee received emoluments of more than £60,000 during the year. The trustees are not remunerated for their services and are not included in the above number of employees. No out-of-pocket expenses were reimbursed to trustees in the year (2023 £nil)- 14-
LIVERPOOL HOMELESS FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 5. Tangible fixed assets Computer Equipment Motor Vehicles Fixture & Fittings Total Cost Balance at I sl April 2023 Additions in the year Disposals in the year 7,463 9,300 829 17,592 (650) (9.300) () (9,950) Balance at 31st March 2024 6,813 829 7,642 Depreciation Balance at 1s1 April 2023 Charge for the year Disposal in the year 6,204 1,012 {650) 7,367 44 (7,411) 138 13,709 138 1,194 () (8,061) Balance at 31$t March 2024 6,566 276 6,842 Net book value at 3191 March 2024 247 553 800 Net book value al 31st March 2023 1,259 1,933 691 3,883 6. Debtors 2024 2023 Debtors and prepayments 404 834 7. Creditors: amounts falling due within one year 2024 2023 Trade Creditors & Accruals Taxes & Social Security 6,749 338 6,014 1,123 7,087 7,137 15
LIVERPOOL HOMELESS FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 8. Analysis of net assets between funds 2024 Tangible Fixed Assets Net Current Assets Total Unrestricted Funds General Fund 171 (16,647) (16,476) Restricted Funds 23 Foundation Amazon Clothworkers Foundation Decathlon Corporate Foundation LFC Foundation National Lottery Reaching Communities Steve Morgan Foundation The Big Help Project 52 52 177 1,816 7,152 13,156 657 94 893 177 1,813 7,152 13.156 657 27 511 67 382 629 23,368 23,997 Totals 800 6,721 7,521 2023 Tangible Fixed Assets Net Current Assets Total Unreslricted Funds General Fund 315 7,313 7,628 Restricted Funds Amazon Clothworkers Foundation National Lottery Coronavirus Community Support Fund National Lottery Reaching Communities Steve Morgan Foundation The Big Help Project 183 2,447 183 2,447 17 17 1,136 27 1,136 471 477 444 477 3,568 1,163 4,731 Totals 3,883 8,476 12,359 16
LIVERPOOL HOMELESS FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 9. Unrestricted Fund Movements in the year Income Expenditure 2024 Reserves at Beginning of year Reserves at End of Year General Fund 7,628 24,971 (49,075) (16,476) Movements in the year Income Expenditure 2023 Reserves at Beginning of year Reserves at End of Year General Fund 25,639 13,120 (31,131) 7.628 General Fund is used to finance the charitable company's general activities and core costs as outlined in the Trustees, Report. 10. Restricted Funds Movements in the year Income Expenditure 2024 Reserves at Beginning of year Reserves at End of Year 23 Foundation Amazon Clothworkers Foundation Decathlon Corporate Foundation LFC Foundation National Lottery Coronavirus Community Support Fund National Lottery Reaching Communities Speedo Mick Foundation steve Morgan Foundation The Big Help Foundation 2,500 <2,448) (61 (631) (3,498) (3,094) 117) 52 177 1,816 7,152 13,156 183 2,447 10,650 16,250 17 1,136 (479) (3,000) (377) {2,044) 657 3,000 471 477 94 893 2,460 4,731 34,860 (15,594) 23.997
LIVERPOOL HOMELESS FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 Movements in the year Income Expenditure 2023 Reserves at Beginning of year Reserves at End of Year Adore Group Amazon Community Foundation LCR Clothworkers Foundation Decathlon Corporate Foundation LCVS Community Impact Fund National Lottery Coronavirus Community Support Fund National Lottery Reaching Communities National Loltery Reaching Communities Postcode Neighbourhood Trust Rise Construclion Speedo Mick Foundation Steve Morgan Foundation The Big Help Foundation Workers Education Association 292 5,000 1292) (4,817) (3,569) (1,719) (1,6531 (2,000) (86) 183 3,569 4,166 2,447 1,653 2,000 103 17 10,000 (8,864) 1,136 773 (773) (22,200) (10,000) (2,000) (11,800) (4,098) (81 22,200 10,000 2,000 11,450 4,575 821 471 477 31,640 46,970 (73,879) 4,731 Description of Funds These are monies given to the charitable company to be spent at the discretion oflhe Charity's Board of Trustees for specific charitable purposes- 23 Foundation - Contribution towards football drop in sessions Adore Group - Contribution towards creating employment for young people at risk of long term unemployment Amazon - Contribution towards activities Clothworkers Foundation Funding for the purchase of a van and generator to enable better use of the Back Kitchen Catering Van, bike, and computer equipment. Community Foundation LCR - Contribution towards football drop in sessions Decathlon Corporate Foundation- to assist beneficiaries in their sporting activities in order to maintain health and the purchase of sporting equipment LFC Foundation- LCVS Community Impact Fund - Contribution towards beneficiaries gaining Food & Hygiene level 1 & 2 training and Back Kitchen costs National Lottery Coronavirus Community Support Fund - Contribution towards digital equipmenl & counselling sessions, relief of food poverty. 18
LIVERPOOL HOMELESS FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 National Lottery Reaching Communities Contributions towards salaries, consultancy, advice and running costs and Walk & Talk Women's Football & Tournaments Postcode Neighbourhood Trust- Contribution towards the back kitchen catering project Rise Construction - 'Walk & Talk Women's Football & Tournaments. Speedo Mick Foundation - Contribution towards activities Steve Morgan Foundation - Contribution towards salaries, food poverty relief. activities & printing equipment. The BSg Help Foundation- Contribution towards activities Workers Education Association Contributions towards training, resources, equipment, marketing and volunleer expenses for the Back Kitchen project. 11. Operating Lease Commitments Liverpool Homeless Football Club has a licence to occupy in relation to the premises at 1-27 Bridport St, Liverpool, L3 5QF dated 1st April 2023. The notice period is 1 months as below. 2024 2023 Premises £733 £733 12. Related Party Transactions There were no material related party transactions during the year which require disclosure (2023.. none). 13. Contingent Liabilities The company did not have any contingent liabilities at 31st March 2024 (2023.. £nil). 14.Guarantees As at 31. March 2024, 3 members had given a guarantee of £1 each in the event of the charitable company winding-up. Total: £612023.. 6 members £6). 19-