| Pages | ||||
|---|---|---|---|---|
| Trustees' Annual Report |
4to6 | |||
| Independent Examiner's |
Report | |||
| Statement of Fina ncia I Activities |
||||
| Summary Income and Expenditure |
Account | |||
| Balance Sheet | 10 | |||
| Statement of Cash flows |
||||
| Notes to the Accounts | 12to | 18 | ||
| Detailed Statement of Financial Activities |
19to | 20 |
| for the year ended 5 April | 2023 | |||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Total funds | Total funds | ||
| 2023 | 2023 | 2022 | ||
| f | f | |||
| Income and endowments | from: | |||
| NATIONAL LOTTERY |
40,530 | 40,530 | ||
| WORKERS EDUCATIONAL | 25,000 | 25,000 | ||
| CITY OF LIVERPOOL | 10,000 | 10,000 | ||
| JOHN MOORES FOUNDATION | 10,000 | 10,000 | ||
| P H HOLT FOUNDAT | 8,500 | 8,500 | ||
| RATHBONE INV MGNT |
7,000 | 7,000 | ||
| PILKINGTON CHARITI |
1,000 | 1,000 | ||
| STEVE MORGAN FOU |
3,750 | 3,750 | ||
| LIV CHA AND VO | 1,000 | 1,000 | ||
| DONATIONS AND LEGACIES |
24,500 | |||
| CHARITABLE ACTIVITIES | 2,100 | |||
| Total | 106,780 | 106,780 | 26,600 | |
| Expenditure on: |
||||
| Charitable activities |
57,334 | 57,334 | 14,992 | |
| Other | 51,206 | 51,206 | 5,912 | |
| Total | 108,540 | 108,540 | 20,904 | |
| Net gains on investments | ||||
| Net (expenditure)/income | (1,760) | (1,760) | 5,696 | |
| Transfers between funds |
||||
| Net (expenditure)/income before other gains/(losses) |
(1,760) | (1,760) | 5,696 | |
| Other gains and losses | ||||
| Net movement in funds |
(1,760) | (1,760) | 5,696 | |
| Reconciliation offunds: |
||||
| Total funds brought forward |
5,695 | 5,695 | ||
| Total funds carried forward | 3,935 | 3,935 | 5,696 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| f | E | ||||
| Income | 106,780 | 26,600 | |||
| Gross income for | the year | 106,780 | 26,600 | ||
| Expenditure | 106,647 | 19,401 | |||
| Depreciation | and | charges for | |||
| impairment | offixed assets | 1,893 | 1,503 | ||
| Total expenditure | for the | year | 108,540 | 20,904 | |
| Net (expenditure)/income | before tax | ||||
| for the year | (1,760) | 5,696 | |||
| Net (expenditure | )/income for the year | (1,760) | 5,696 |
| Iranian Liverpool Balance Sheet at 5April 2023 |
Community | Community | Community | Community | |||
|---|---|---|---|---|---|---|---|
| Company No. |
CE025670 | Notes | 2023 | 2022 | |||
| f | f | ||||||
| Fixed assets | |||||||
| Tangible assets | 10 | 4,176 | 4,510 | ||||
| 4,176 | 4,510 | ||||||
| Current assets | |||||||
| Cash at bank | and | in hand | 11,545 | 1,871 | |||
| 11,545 | 1,871 | ||||||
| Creditors: Amount | falling due within one year | 11 | (11,786) | (685) | |||
| Net current (liabilities)/assets | (241) | 1,185 | |||||
| Total assets less | current | liabilities | 3,935 | 5,695 | |||
| Net assets excluding | pension asset or liability | 3,935 | 5,695 | ||||
| Total net assets | 3,935 | 5,695 | |||||
| The funds ofthe | charity | ||||||
| Restricted funds | 12 | ||||||
| Unrestricted funds |
12 | ||||||
| Genera I funds |
3,935 | 5,695 | |||||
| 3,935 | 5,695 | ||||||
| Reserves | 12 | ||||||
| Total funds | 3,935 | 5,695 |
| 2023 | 2022 | ||
|---|---|---|---|
| f | f | ||
| Cash flows from operating | activities | ||
| Net (expenditure)/income | per Statement of Financial Activities | (1,760) | 5,696 |
| Adjustments for: |
|||
| Depreciation of property, plant and equipment |
1,893 | 1,503 | |
| Net cash provided by operating activities |
133 | 7,199 | |
| Cash flows from investing | activities | ||
| Payments for property, |
plant and equipment | (1,559) | (6,013) |
| Net cash used in investing | activities | (1,559) | (6,013) |
| Net cash from financing activities |
|||
| Net (decrease)/increase in |
cash and cash equivalents | (1,426) | 1,186 |
| Cash and cash equivalents | at the beginning ofthe year |
1,871 | |
| Cash and cash equivalents | at the end ofthe year | 445 | 1,186 |
| Components ofcash and cash equivalents |
|||
| Cash and bank balances | 11,545 | 1,871 | |
| Bank overdrafts | (3,386) | ||
| 8,159 | 1,871 |
| last year and no chan | last year and no chan | last year and no chan | last year and no chan | ges have been made to accounts for previous years. |
||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Fund accounting | ||||||||||
| Unrestricted | funds | These are available for use at the discretion ofthe trustees | in furtherance | of | the | |||||
| general objects ofthe charity. | ||||||||||
| Designated | funds | These are unrestricted funds earmarked by the trustees |
for particular | purposes. | ||||||
| Revaluation | funds | These are unrestricted funds which include a revaluation |
reserve representing | the | ||||||
| restatement of investment assets at their market values. |
||||||||||
| Restricted | funds | These are available for use subject to restrictions imposed |
by the donor | or | through | |||||
| terms of an appeal. | ||||||||||
| Income | ||||||||||
| Recognition | of | Income is included in the Statement of Financial Activities |
(SoFA) when | the | charity | |||||
| income | becomes entitled to, and virtually certain to receive, the |
income and the | amount of | |||||||
| the income can be measured with sufficient reliability. |
||||||||||
| Income with | related | Where income has related expenditure the income and |
related expenditure | is | ||||||
| expenditure | reported gross in the SoFA. |
|||||||||
| Donations | and | Voluntary income received by way ofgrants, donations and gifts is included |
in the | |||||||
| legacies | the SoFA when receivable and only when the Charity has |
unconditional | ||||||||
| entitlement to the income. |
||||||||||
| Tax reclaims | on | Income from tax reclaims is included in the SoFA at the same time as the |
||||||||
| donations | and | gifts | gift/donation to which it relates. |
|||||||
| Donated services | These are only included in income (with an equivalent amount in expenditure) |
|||||||||
| and facilities | where the benefit to the Charity is reasonably quantifiable, |
measurable | and | |||||||
| material. | ||||||||||
| Volunteer | help | The value ofany volunteer help received is not included |
in | the accounts. | ||||||
| Investment | income | This is included in the accounts when receivable. |
||||||||
| Gains/(losses) | on | This includes any gain or loss resulting from revaluing investments to market |
value | |||||||
| revaluation | of | fixed | at the end ofthe year. | |||||||
| assets | ||||||||||
| Gains/(losses) | on | This includes any gain or loss on the sale of investments. |
||||||||
| investment | assets |
| 3 | Statement | of Financial | A | ctivities - prior year | ||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | ||||||||
| funds | Total funds | |||||||
| 2022 | 2022 | |||||||
| Income and endowments | from: | |||||||
| Donations | and legacies | 24,500 | 24,500 | |||||
| Charitable | activities | 2,100 | 2,100 | |||||
| Total | 26,600 | 26,600 | ||||||
| Expenditure | on: | |||||||
| Charitable | activities | 14,992 | 14,992 | |||||
| Other | 5,912 | 5,912 | ||||||
| Total | 20,904 | 20,904 | ||||||
| Net | income | 5,696 | 5,696 | |||||
| Net | income before other | |||||||
| gains/(losses) | 5,696 | 5,696 | ||||||
| Other gains and losses: | ||||||||
| Net | movement | in funds | 5,696 | 5,696 | ||||
| Reconciliation | offunds: | |||||||
| Total funds carried forward | 5,696 | 5,696 | ||||||
| 4 | Income from donations | and legacies | ||||||
| Unrestricted | Total | Total | ||||||
| 2023 | 2022 | |||||||
| National | lottorry | 40,530 | 40,530 | 10,000 | ||||
| WORKERS | EDUCATIONAL | 5 | ||||||
| RATHBONE | MGNT | 32,000 | 32,000 | 6,000 | ||||
| Others | 34,250 | 34,250 | 8,500 | |||||
| 106,780 | 106,780 | 24,500 |
| Total | Total |
|---|---|
| 2023 | 2022 |
| 2,100 | |
| 2,100 |
| 6 | Expenditure | on charita | ble |
activities | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | |||||
| 2023 | 2022 | ||||||
| Expenditure | on charitable | ||||||
| activities | |||||||
| 44,264 | 44,264 | 12,162 | |||||
| Governance | costs | ||||||
| Teaching Expenses | 13,070 | 13,070 | 2,830 | ||||
| 57,334 | 57,334 | 14,992 | |||||
| 7 | Other expenditure | ||||||
| Unrestricted | Total | Total | |||||
| 2023 | 2022 | ||||||
| Employee costs | 15,418 | 15,418 | |||||
| Motor and travel costs | 664 | ||||||
| Premises costs | 8,756 | 8,756 | 2,187 | ||||
| Amortisation, | depreciation, | ||||||
| impairment, | profit/loss | on | 1,893 | 1,893 | 1,503 | ||
| disposal offixed assets | |||||||
| General administrative | costs | 5,669 | 5,669 | 1,133 | |||
| Legal and professional | costs | 19,470 | 19,470 | 425 | |||
| 51,206 | 51,206 | 5,912 | |||||
| 8 | Net (expenditure)/income | before transfers | |||||
| 2023 | 2022 | ||||||
| This is stated | after charging: | f | f | ||||
| Depreciation | of owned | fixed assets | 1,893 | 1,503 | |||
| 9 | Staff costs | ||||||
| 2023 | 2022 | ||||||
| Salaries and | wages | 15,418 | |||||
| 15,418 |
| 10 | Tangible | fix | ed | assets | |||||
|---|---|---|---|---|---|---|---|---|---|
| Plant and | |||||||||
| Total | |||||||||
| Machinery | |||||||||
| Cost or revaluation | |||||||||
| Additions | 1,559 | 1,559 | |||||||
| At 5 April | 2023 | 1,559 | 1,559 | ||||||
| Depreciation | and | ||||||||
| impairment | |||||||||
| Depreciation | charge for the | 1,893 | 1,893 | ||||||
| year | |||||||||
| At 5 April | 2023 | 1,893 | 1,893 | ||||||
| Net book | values | ||||||||
| At 5 April | 2023 | (334) | (334) | ||||||
| 11 | Creditors: | ||||||||
| amounts | falling due within one | year | |||||||
| 2023 | 2022 | ||||||||
| f | |||||||||
| Net Wages and PAYE | 3,386 | ||||||||
| Accrua Is | 8,400 | 685 | |||||||
| 11,786 | 685 | ||||||||
| 12 | Movement | in | funds | ||||||
| Incoming | |||||||||
| resources | |||||||||
| (including | Resources | At 5April | |||||||
| other | expended | 2023 | |||||||
| At 6April | gains/losses | ||||||||
| 2022 | ) | ||||||||
| f | |||||||||
| Restricted | funds: | ||||||||
| Unrestricted | funds: | ||||||||
| General funds | 5,695 | 106,780 | (108,540) | 3,935 | |||||
| Total funds | 5,695 | 106,780 | (108,540) | 3,935 | |||||
| 13 | Analysis of net assets between | funds | |||||||
| Unrestricted | Restricted | ||||||||
| Total | |||||||||
| funds | funds | ||||||||
| f | |||||||||
| Fixed assets | 4,176 | 4,176 | |||||||
| Net current | assets | 8,159 | (8,400) | (241) | |||||
| 12,335 | (8,400) | 3,935 |
| At 6April | At 5April | |||
|---|---|---|---|---|
| 2022 | Cash flows | 2023 | ||
| Cash and cash equivalents | 1,871 | 9,674 | 11,545 | |
| Bank overdrafts | (3,386) | (3,386) | ||
| 1,871 | 6,288 | 8,159 | ||
| Net debt | 1,871 | 6,288 | 8,159 | |
| 15 | Related party disclosures | |||
| Controlling party |
| Unrestricted | ||||||
|---|---|---|---|---|---|---|
| funds | Total funds | Total funds | ||||
| 2023 | 2023 | 2022 | ||||
| Income and endowments | from: | |||||
| Donations and legacies |
||||||
| National lottorry |
40,530 | 40,530 | 10,000 | |||
| WORKERS EDUCATIONAL & | ||||||
| RATH BONE MG NT | 32,000 | 32,000 | 6,000 | |||
| Others | 34,250 | 34,250 | 8,500 | |||
| 106,780 | 106,780 | 24,500 | ||||
| Charitable activities |
||||||
| 2,100 | ||||||
| 2,100 | ||||||
| Total income and endowments | 106,780 | 106,780 | 26,600 | |||
| Expenditure on: |
||||||
| Charitable activities |
||||||
| 44,264 | 44,264 | 12,162 | ||||
| 44,264 | 44,264 | 12,162 | ||||
| Governance costs |
||||||
| Teaching Expenses | 13,070 | 13,070 | 2,830 | |||
| 13,070 | 13,070 | 2,830 | ||||
| Total ofexpenditure activities |
on | charitable | 57,334 | 57,334 | 14,992 | |
| Employee costs | ||||||
| Salaries/wages | 15,418 | 15,418 | ||||
| 15,418 | 15,418 | |||||
| Cleaning | 664 | |||||
| 664 | ||||||
| Premises costs | ||||||
| Rent | 8,756 | 8,756 | 2,187 | |||
| 8,756 | 8,756 | 2,187 | ||||
| General administrative | costs, | |||||
| including depreciation |
and | |||||
| amortisation | ||||||
| Depreciation of Plant Machinery |
and | 1,893 | 1,893 | 1,503 | ||
| Bank charges | 72 | 72 | 76 | |||
| Equipment repairs maintenance |
and | 2,127 | 2,127 | 46 | ||
| General insurances | 330 | 330 | 106 | |||
| Software, ITsupport costs |
and related | 1,540 | 1,540 | 429 |
| Iranian Liverpool Community Detailed Statement of Financial Activities |
|||
|---|---|---|---|
| Stationery and printing |
1,290 | 1,290 | 460 |
| Subscriptions | 104 | 104 | 8 |
| Telephone, fax and broadband |
206 | 206 | 8 |
| 7,562 | 7,562 | 2,636 | |
| Legal and professional costs |
|||
| Audit/Independent examination |
810 | 810 | 360 |
| fees | |||
| Other legal and professional costs |
18,660 | 18,660 | 65 |
| 19,470 | 19,470 | 425 | |
| Total ofexpenditure ofother costs |
51,206 | 51,206 | 5,912 |
| Total expenditure | 108,540 | 108,540 | 20,904 |
| Net gains on investments | |||
| Net (expenditure)/income | (1,760) | (1,760) | 5,696 |
| Net (expenditure)/income before other gains/(losses) |
(1,760) | (1,760) | 5,696 |
| Other Gains | |||
| Net movement in funds |
(1,760) | (1,760) | 5,696 |
| Reconciliation offunds: |
|||
| Total funds brought forward |
5,695 | 5,695 | |
| Total funds carried forward | 3,935 | 3,935 | 5,696 |