Tab1
The Corner House Family and Community Hub CIO
Charity number: 1197336
Registered address: 1 Berner Street, Birkenhead CH41 4JY
Trustees
Kath Shaughnessy
Andrew Smith
Lisa McKevitt
Jane Egan
The report of the trustees year ended 1st January 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 1 January 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019.
In late 2023, following consultation with families, the trustees passed a resolution which proposed changing the charity’s name from Bee Early Years CIO to The Corner House Family and Community Hub CIO. This resolution was forwarded to the Charity Commission and we received approval for the name change from them at the beginning of February 2024. Objectives and activities
**“TO ENHANCE THE DEVELOPMENT AND EDUCATION OF CHILDREN PRIMARILY UNDER STATUTORY SCHOOL AGE LIVING ON THE WIRRAL AND THE SURROUNDING AREA BY ENCOURAGING PARENTS TO UNDERSTAND AND PROVIDE FOR THE NEEDS OF THEIR CHILDREN THROUGH COMMUNITY GROUPS AND BY;**
**1. OFFERING APPROPRIATE PLAY, EDUCATION AND CARE FACILITIES AND TRAINING COURSES, TOGETHER WITH THE RIGHT OF PARENTS TO TAKE RESPONSIBILITY FOR**
**AND TO BECOME INVOLVED IN THE ACTIVITIES OF SUCH GROUPS, ENSURING THAT SUCH GROUPS OFFER OPPORTUNITIES FOR ALL CHILDREN WHATEVER THEIR RACE, CULTURE, RELIGION, MEANS OR ABILITY.”**
## **2. ENCOURAGING THE STUDY OF THE NEEDS OF SUCH CHILDREN AND THEIR FAMILIES AND PROMOTING PUBLIC INTEREST IN AND RECOGNITION OF SUCH NEEDS.**
Throughout 2024 we strived to meet these objectives with a weekly timetable of activities for local families. These groups were semi structured, underpinned by EYFS framework and delivered by highly qualified and experienced workers. These groups were complemented by a range of one off activities including events to celebrate Chinese New Year, Easter, Halloween and Christmas, events throughout school holidays and a rolling programme of infant massage courses. Over 800 families registered with us throughout the year. In addition we provided space for a local charity to provide evening and weekend activities, working with children and young adults with significant additional needs.
As our families continued to struggle with the cost of living crisis, twice a week we provided a warm hub space where families could stay before and after groups, and thanks to a grant from Wirral BC, in the latter half of the year we were able to provide warm lunches to eat in the centre or to take home.
## Achievements
In addition to continuing to attract excellent attendance at groups, in excess of our monthly target of 80% capacity, we also used some of our unrestricted income to carry out
improvements to our building. This included painting the exterior and new signage, replacement of the ancient gas boiler for a new, much more efficient boiler, improvements to wiring and the installation of water on the first floor. As a result the building is more secure, warmer and meets current safety standards. We also completed the refurbishment of a room designed to encourage early language acquisition thanks to a grant from Awards for All.
Charity registration number: 1197336
**THE CORNER HOUSE FAMILY AND COMMUNITY HUB CIO TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 1 JANUARY 2025**
**The Corner House Family and Community Hub CIO Contents**
||**Page**|
|---|---|
|Trustees' Report|1—2|
|Independent Examiner's Report|3|
|Statement of Financial Activities|4|
|Comparative Statement of Financial Activities|5|
|Statement of Financial Position|6|
|Statement of Cash Flows|7|
|Notes to the Statement of Cash Flows|8|
|Notes to the Financial Statements|9—12|
**The Corner House Family and Community Hub CIO Trustees' Report For The Year Ended 1 January 2025**
The trustees present their report and the financial statements for the year ended 1 January 2025.
## **Objectives and Activities**
## **Additional Note**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial statements of the charity for the year ended 1 January 2024. The trustees have adopted
the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) (effective 1 January 2019).
## **Structure, Governance and Management**
## **Governing Document**
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by
guarantee, as defined by the Companies Act 2006
## **Reference and Administrative Details**
## **Trustees**
Mrs K Shaughnessy Mrs L McKevitt Mrs J Egan Mr A Smith
## **Charity Number**
1197336
## **Principal Address**
1 Berner Street Birkenhead Wirral Merseyside CH41 4JY
## **Independent Examiner**
Lindsay Woods Lindsay Woods Accountants Ltd FMAAT AATQB
Page 1
**The Corner House Family and Community Hub CIO Trustees' Report (continued) For The Year Ended 1 January 2025**
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mrs K Shaughnessy Mrs L McKevitt Mrs J Egan Trustee Trustee Trustee
Mr A Smith Trustee 07/10/2025
Page 2
**The Corner House Family and Community Hub CIO Independent Examiner's Report to the Trustees of The Corner House Family and Community Hub CIO For The Year Ended 1 January 2025**
I report to the trustees on my examination of the accounts of The Corner House Family and Community Hub CIO (the Trust) for the year ended 1 January 2025.
## **Responsibilities and Basis of Report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner's Statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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 accounts to be reached.
Lindsay Woods 07/10/2025
Page 3
## **The Corner House Family and Community Hub CIO Statement of Financial Activities For The Year Ended 1 January 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Other trading activities
**4**
Other
**5**
**EXPENDITURE ON:**
Raising funds
**6**
**NET INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**13**|**Unrestricted**
**funds**
**£**
30,435
14,029
14,662|**Restricted**
**funds**
**£**
-
10,400
-|**2025**
**Total**
**funds**
**£**
30,435
24,429
14,662|**2024**
**Total**
**funds**
**£**
9,931
35,368
5,578|
|---|---|---|---|---|
||59,126|10,400|69,526|50,877|
||(58,461)|(9,505)|(67,966)|(39,374)|
||665|895|1,560|11,503|
||665
14,430|895
25,755|1,560
40,185|11,503
28,682|
||15,095|26,650|41,745|40,185|
The notes on pages 8 to 12 form part of these financial statements.
Page 4
## **The Corner House Family and Community Hub CIO Comparative Statement of Financial Activities For The Year Ended 1 January 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Other trading activities
**4**
Other
**5**
**EXPENDITURE ON:**
Raising funds
**6**
**NET INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**13**|**Unrestricted**
**funds**
**£**
9,931
14,774
5,578|**Restricted**
**funds**
**£**
-
20,594
-|**2024**
**Total**
**funds**
**£**
9,931
35,368
5,578|
|---|---|---|---|
||30,283|20,594|50,877|
||(18,584)|(20,790)|(39,374)|
||11,699|(196)|11,503|
||11,699
2,731|(196)
25,951|11,503
28,682|
||14,430|25,755|40,185|
The notes on pages 8 to 12 form part of these financial statements.
Page 5
## **The Corner House Family and Community Hub CIO Statement of Financial Position As At 1 January 2025**
|**Notes**
**FIXED ASSETS**
Tangible Assets
**9**
**CURRENT ASSETS**
Debtors
**10**
Cash at bank and in hand
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**Creditors: Amounts Falling Due After**
**More Than One Year**
**11**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Restricted Funds
Unrestricted Funds
**TOTAL FUNDS**
**13**
On behalf of the board|**Unrestricted**
**funds**
**£**
26,984|**Restricted**
**funds**
**£**
-|**2025**
**Total**
**funds**
**£**
26,984|**2024**
**Total**
**funds**
**£**
26,984|
|---|---|---|---|---|
||26,984
6,361
6,749|-
-
26,651|26,984
6,361
33,400|26,984
6,610
31,591|
||13,110
13,111|26,651
26,650|39,761
39,761|38,201
38,201|
||40,095|26,650|66,745|65,185|
||(25,000)|-|(25,000)|(25,000)|
||15,095|26,650|41,745|40,185|
||||26,650
15,095|25,755
14,430|
||||41,745|40,185|
||||||
Mrs K Shaughnessy Trustee 07/10/2025
The notes on pages 8 to 12 form part of these financial statements.
Page 6
**The Corner House Family and Community Hub CIO Statement of Cash Flows For The Year Ended 1 January 2025**
|**Notes**
**Cash flows from operating activities**
Net cash generated from operations
**1**
Interest paid
Net cash generated from operating activities
**Cash flows from financing activities**
Proceeds from new bank borrowings
Increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
**2**
Cash and cash equivalents at end of year
**2**|**2025**
**£**
1,880
(71)
1,809
-
1,809
31,591
33,400|**2024**
**£**
4,983
(90)|
|---|---|---|
|||4,893|
|||25,000|
||||
|||29,893
-|
|||29,893|
Page 7
## **The Corner House Family and Community Hub CIO Notes to the Statement of Cash Flows For The Year Ended 1 January 2025**
## 1. **Reconciliation of income to cash generated from operations**
|1.
**Reconciliation of income to cash generated from operations**|||
|---|---|---|
|Net income
_Adjustments for:_
Interest expense
_Movements in working capital:_
Decrease/(increase) in trade and other debtors
Net cash generated from operations|**2025**
**£**
1,560
71
249
1,880|**2024**
**£**
11,503
90
(6,610)|
|||4,983|
## 2. **Cash and cash equivalents**
Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:
|Cash at bank and in hand
3.
**Analysis of changes in net funds**
Cash at bank and in hand
Debts falling due after more than one year|**As at 2**
**January**
**2024**
**£**
31,591
(25,000)||**2025**
**£**
33,400
**Cash**
**flows**
**£**
1,809
-|**2024**
**£**
31,591|
|---|---|---|---|---|
|||||**As at 1**
**January**
**2025**
**£**
33,400
(25,000)|
||6,591||1,809|8,400|
## 3. **Analysis of changes in net funds**
Page 8
## **The Corner House Family and Community Hub CIO Notes to the Financial Statements For The Year Ended 1 January 2025**
## 1. **General Information**
The Corner House Family and Community Hub CIO is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1197336. The principal address is 1 Berner Street , Birkenhead , Wirral , Merseyside, CH41 4JY.
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.
The charity is a Public Benefit Entity as defined by FRS 102.
## 3. **Income from Donations and Legacies**
|3.
**Income from Donations and Legacies**|||
|---|---|---|
||**2025**|**2024**|
||**Unrestricted **|**Unrestricted**|
||**funds**|**funds**|
||**£**|**£**|
|Donations and gifts|30,435|9,931|
## 4. **Income from Other Trading Activities**
|Fundraising events
Sponsorships / social lotteries
Fundraising events
Sponsorships / social lotteries|**Unrestricted**
**funds**
**£**
14,029
-|**Restricted**
**funds**
**£**
-
10,400|**2025**
**Total**
**funds**
**£**
14,029
10,400|
|---|---|---|---|
||14,029|10,400|24,429|
||**Unrestricted**
**funds**
**£**
14,774
-|**Restricted**
**funds**
**£**
-
20,594|**2024**
**Total**
**funds**
**£**
14,774
20,594|
||14,774|20,594|35,368|
Page 9
## **The Corner House Family and Community Hub CIO Notes to the Financial Statements (continued) For The Year Ended 1 January 2025**
## 5. **Other Income**
|5.
**Other Income**||||||
|---|---|---|---|---|---|
|Rental and other income from property
6.
**Analysis of Expenditure**
Raising funds
Raising funds
7.
**Support Costs**
Employee costs
Premises expenses
General administration
Interest payable|**2025**
**2024**
**Unrestricted**
**funds**
**Unrestricted**
**funds**
**£**
**£**
14,662
5,578
**2025**
**Activities**
**undertaken**
**directly**
**Support**
**costs**
(see note
7)
**Total**
**£**
**£**
**£**
9,505
58,461
67,966
**2024**
**Activities**
**undertaken**
**directly**
**Support**
**costs**
(see note
7)
**Total**
**£**
**£**
**£**
13,578
25,796
39,374
**2025**
**Raising**
**funds**
**£**
33,532
18,615
6,243
71
58,461|**2025**
**Unrestricted**
**funds**
**£**
14,662||**2024**
**Unrestricted**
**funds**
**£**
5,578||
||||||**2025**
**Total**
**£**
67,966|
||**Activities**
**undertaken**
**directly**
**£**
13,578||**Support**
**costs**
(see note
7)
**£**
25,796||**2024**
**Total**
**£**
39,374|
||||||**2025**
**Raising**
**funds**
**£**
33,532
18,615
6,243
71|
||||||58,461|
Page 10
## **The Corner House Family and Community Hub CIO Notes to the Financial Statements (continued) For The Year Ended 1 January 2025**
|Employee costs
Premises expenses
General administration
Interest payable|**2024**
**Raising**
**funds**
**£**
8,911
15,918
877
90|
|---|---|
||25,796|
## 8. **Average Number of Employees**
Average number of employees during the year was: NIL (2024: )
## 9. **Tangible Assets**
|9.
**Tangible Assets**|||
|---|---|---|
|**Cost**
As at 2 January 2024
As at 1 January 2025
**Net Book Value**
As at 1 January 2025
As at 2 January 2024
10.
**Debtors**
**Due within one year**
Prepayments and accrued income
11.
**Creditors: Amounts Falling Due After More Than One Year**
Bank loans|**2025**
**£**
6,361
**2025**
**£**
25,000|**Land &**
**Property**
**Freehold**
**£**
26,984|
|||26,984|
|||26,984|
|||26,984|
|||**2024**
**£**
6,610|
|||**2024**
**£**
25,000|
Page 11
## **The Corner House Family and Community Hub CIO Notes to the Financial Statements (continued) For The Year Ended 1 January 2025**
## 12. **Loans**
An analysis of the maturity of loans is given below:
|Amounts falling due between one and five years:
Bank loans
13.
**Movement in Funds**
**As at 2**
**January**
**2024**
**£**
**Unrestricted funds**
General:
General unrestricted fund
14,430
**Restricted funds**
Restricted
25,755
**Total funds**
40,185
**As at 2**
**January**
**2023**
**£**
**Unrestricted funds**
General:
General unrestricted fund
2,731
**Restricted funds**
Restricted
25,951
**Total funds**
28,682|Amounts falling due between one and five years:
Bank loans
13.
**Movement in Funds**
**As at 2**
**January**
**2024**
**£**
**Unrestricted funds**
General:
General unrestricted fund
14,430
**Restricted funds**
Restricted
25,755
**Total funds**
40,185
**As at 2**
**January**
**2023**
**£**
**Unrestricted funds**
General:
General unrestricted fund
2,731
**Restricted funds**
Restricted
25,951
**Total funds**
28,682|**Income**
**£**
59,126
10,400|**2025**
**£**
25,000
**Expenditure**
**£**
(58,461)
(9,505)|**2024**
**£**
25,000|
|---|---|---|---|---|
|||||**As at 1**
**January**
**2025**
**£**
15,095
26,650|
||40,185|69,526|(67,966)|41,745|
||**As at 2**
**January**
**2023**
**£**
2,731
25,951|**Income**
**£**
30,283
20,594|**Expenditure**
**£**
(18,584)
(20,790)|**As at 1**
**January**
**2024**
**£**
14,430
25,755|
||28,682|50,877|(39,374)|40,185|
## 14. **Related Party Disclosures**
Page 12
I report to the trustees on my examination of the accounts of The Corner House Family and Community Hub CIO (the Trust) for the year ended 1 January 2025.
## **Responsibilities and Basis of Report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner's Statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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 accounts to be reached.
Lindsay Woods Accountants