OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-12-31-accounts

Company Registration Number - 07300944

The Charity Registration Number is :- 1113885

Vale House Community Centre Ltd

Report and Accounts

31 December 2024

Vale House Community Centre Ltd

Report and accounts for the year ended 31 December 2024

Contents

Page
Charity information 1
Trustees' Annual Report 1
Statement of directors' responsibilities 5
Independent Examiner's Report 6
Funds Statements:-
Statement of Financial Activities 8
Statement of Financial Activities - Prior Year statement 9
Movements in funds 10
Income and Expenditure account 10
Balance sheet 11
Notes to the accounts 12

Vale House Community Centre Ltd

Company Registration Number - 07300944

Trustees' Annual Report for the year ended 31 December 2024

The Trustees present their Report and Accounts for the year ended 31 December 2024, 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:- Vale House Community Centre Ltd.

The charity is also known by its operating name, Vale House Community Centre.

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 1113885.

The charity does not operate in any overseas jurisdictions.

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

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

Vale Park

Magazine Lane, Wallasey Merseyside, CH45 1LZ

Telephone 0151 639 1386 Email Address amanda@valekids.com

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:-

Lindsay Hudson (appointed 6 November 2023) Amanda Sheridan

Stephen Smith

The following persons served as Trustees during the year ended 31 December 2024 :-

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. Lindsay Hudson (appointed 6 November 2023)

Christine Pritchard (appointed 6 November 2023) (resigned 11 January 2025)

Amanda Sheridan

Stephen Smith

1

Vale House Community Centre Ltd

Company Registration Number - 07300944

Trustees' Annual Report for the year ended 31 December 2024

Objects and activities of the charity

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

To promote the benefit of the inhabitants of the New Brighton Area without distinction of sex or political,religious or other opinions by associating the Local Authorities voluntary organisations and inhabitants in an effort to advance education and provide facilities in the interest of social welfare for recreation and leisure time occupation with the object of improving the conditions of life for the said inhabitants. To co-operate with any local statutory authority in the maintenance and management of such "centre" for activities by the committee and its constituent bodies in futherance of the above objects.

The main activities undertaken in relation to those purposes during the year.

To provide up to 1000 meals per year to the elderly for those in the New Brighton and surrounding area at a subsidised cost, at the Community Centre Luncheon Club and/or in their own homes. To provide for up to 15 places per day for children aged between 2-4, during term times(including the use of a sensory room) offering a valued service to the local community at a competitive cost. Access a variety of creative art activities to the local community and visitors. Access to the provision of a range of health and well being therapies primarily to those in the local community. Room hire to businesses/charities who offer services primarily for the benefit of local residents. Access to a valued Cafe facility operated by a local business (through a Lease Agreement with the Charity)

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

When planning our activities for the year, the Trustees have had regard to the Charity Commissions's guidance on public benefit in managing the activities of the charity.

The main achievements and performance of the charity during the year.

The Childcare service has provided a significant role through increasing the number of children placed, which has also had a beneficial gain to beneficiaries. Increases in recruitment and staff development have also been beneficial to the service.

The Lunch Club, following a successful grant, now operates 2 days per week, which has benefitted residents in the local Community, along with new members encourages to join on an ongoing basis.

Continuation of a highly valued Community Cafe facility provided through the Cafe Roast (a local business)

A refurbished Community Room is offered for a variety of hire arrangements throughout the year”, which has brought an improvement in engagement with those in the local Community and allows for greater opportunities for beneficiaries of the Charity.

2

Vale House Community Centre Ltd

Company Registration Number - 07300944

Trustees' Annual Report for the year ended 31 December 2024

Community Cafe services

The Cafe service remains in place and they have been supported by a successful grant application to feed community members who are struggling with food poverty through a breakfast an after school and a luncheon club.

Several individuals and families across the local Community have benefited from this resource.

Building Repairs and Maintenance

Many of the maintenance works that were scheduled to be undertaken have now been completed, including full renovations of the house toilets, full house gutter replacements, drainage resolution to prevent damp build up and repairs to the Orangery roof.

Grants

Applications continue to be made for grants to support the work carried at at Vale House. Success included capital funding for improvements to the nursery toilet facilities so that the Charity can offer an increased number of places to our Community.

The difference the charity's performance during the year has made to the beneficiaries of the charity.

An increase in Childcare provision has meant that additional staff have been recruited enabling existing staff to have a more balanced workload.

Following the agreement of a new charging basis for hirers of the Community Centre, this provides a fairer system for hirers.

The degree to which the achievements and performance during the year have benefited wider society.

The Lunch Club service has enabled people in the Community to receive healthy, nutritional meals (provided by our Community Cafe Roast) along with having companionship with other people.

Parents/Guardians in the local Community have greater opportunities to place children under their care to receive interactive and specialised childcare services provided by the charity. In addition, the recruitment of additional staff has been made from within the local Community.

The provision of a Community Cafe has offered the wider public the opportunity to have appropriate refreshment, whilst enjoying the views of the surrounding Park.

Provision of a specific “Community Room” along with a Sensory room which have assisted in meeting the needs of individuals, groups, businesses, both locally and further afield.

Provision of the Childcare service has benefited an increased number of families as our ability to expand within the premises and our increase in staff has allowed.

Structure, governance and management of the charity

The methods used to recruit and appoint new charity trustees.

Proposals for new Trustees are made by the Chair after making appropriate enquiries. Appointments are then made by election by the existing board of Trustees

Bankers

Accountants

NatWest Plc, 31 Wallasey Road, Wallasey, CH45 4NS

Matthew Brown, CPFA, Adding Value Consultancy Ltd, Bluecoat Chambers, School Lane, Liverpool, L1 3BX

3

Vale House Community Centre Ltd

Company Registration Number - 07300944

Trustees' Annual Report for the year ended 31 December 2024

Financial review

The charity's financial position at the end of the year ended 31 December 2024

The financial position of the charity at 31 December 2024 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-

Total Funds
Net income
Unrestricted Revenue Funds available for the
general purposes of the charity		 2024
£
42,068
104,626
104,626		 2023
£
19,958
62,558
62,558

Financial review of the position at the reporting date, 31 December 2024 .

The trustees consider the financial performance by the charity during the year to have been satisfactory.

Policies on reserves.

The trustees aim to be able to maintain reserves at a range between £35,000-£50,000. At this level of reserves there is adequate comfort that we will be able to maintain our current undertakings.

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.

Details of The Independent Examiner

Matthew Brown CIPFA Adding Value Consultancy Ltd Bluecoat Chambers School Lane Liverpool L1 3BX

4

Vale House Community Centre Ltd

Company Registration Number - 07300944

Trustees' Annual Report for the year ended 31 December 2024

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) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (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.

Method of preparation of accounts - Small company provisions

The financial statements are set out on pages 8 to 20.

The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (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 5 June 2025.

STEPHEN SMITH Director and Trustee

5

Vale House Community Centre Ltd

Report of the Independent Examiner to the Trustees of the charitable company on the accounts for the year ended 31 December 2024

I report to the Trustees on my examination of the financial statements of the charitable company on pages 8 to 20 for the year ended 31 December 2024 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) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (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 12.

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

As described on page 5, 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:-

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 CPFA, 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

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.

6

Vale House Community Centre Ltd

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;

The gross income of the charitable company in the year ended 31 December 2024 appears to exceed the sum specified in Section 145(3) of the Act, namely £250000, and that I am qualified to act as Independent Examiner in accordance with that section by virtue of my being a qualified member of CPFA;

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) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (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:-

Matthew Brown - Independent Examiner

CPFA

Bluecoat Chambers School Lane Liverpool Merseyside L1 3BX

This report was signed on 5 June 2025

7

Vale House Community Centre Ltd - Statement of Financial Activities for the year ended 31 December 2024

Statement of Financial Activities (including the Income and Expenditure Account for the year ended 31 December 2024, as required by the Companies Act 2006)

Current year
Unrestricted
Funds
2024
£
Income & Endowments from:
Donations & Legacies
A1
4,500
Charitable activities
A2
177,953
Total income
A
182,453
Expenditure on:
Charitable activities
B2
140,385
Total expenditure
B
140,385
Net income for the year
42,068
Net income after transfers
A-B-C
42,068
42,068
Reconciliation of funds:-
E
Total funds brought forward
62,558
Total funds carried forward
104,626
Net movement in funds
SORP
Ref		 Current year
Restricted
Funds
2024
£
106,277
-
106,277
106,277
106,277
-
-
-
-
-		 Current year
Total Funds
2024
£
110,777
177,953
288,730
246,662
246,662
42,068
42,068
42,068
62,558
104,626		 Prior Year
Total Funds
2023
£
10,400
125,198
135,598
115,640
115,640
19,958
19,958
19,958
42,600
62,558

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 12 to 20 form an integral part of these accounts.

8

Vale House Community Centre Ltd - Statement of Financial Activities for the year ended 31 December 2024

Vale House Community Centre Ltd - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP

Income & Endowments from:
Donations & Legacies
A1
Charitable activities
A2
Total income
A
Expenditure on:
Charitable activities
B2
Total expenditure
B
B4
Net income for the year
Transfers between funds
C
Net income after transfers
Reconciliation of funds:-
E
Total funds brought forward
Total funds carried forward
SORP
Ref
Net gains on investments
Net movement in funds		 Prior Year
Unrestricted
Funds
2023
£
1,000
125,198
126,198
106,240
106,240
-
19,958
-
19,958
19,958
42,600
62,558

 Prior Year
Restricted
Funds
2023
£
9,400
-
9,400
9,400
9,400
-
-
-
-
-
-
-		 Prior Year
Total Funds
2023
£
10,400
125,198
135,598
115,640
115,640
-
19,958
-
19,958
19,958
42,600
62,558

All activities derive from continuing operations

9

Vale House Community Centre Ltd - Statement of Financial Activities for the year ended 31 December 2024

Movements in revenue and capital funds for the year ended 31 December 2024

Revenue accumulated funds

Unrestricted
Funds
2024
£
Accumulated funds brought forward
62,558
42,068
Closing revenue funds
104,626
Summary of funds
Unrestricted
and
Designated funds
2024
£
Revenue accumulated funds
104,626
Recognised gains and losses before
transfers		 Restricted
Funds
2024
£
-
-
-
Restricted
Funds
2024
£
-		 Total
Funds
2024
£
62,558
42,068
104,626
Total
Funds
2024
£
104,626		 Last year
Total Funds
2023
£
42,600
19,958
62,558
Last Year
Total Funds
2023
£
62,558

Vale House Community Centre Ltd

Income and Expenditure Account for the year ended 31 December 2024 as required by the Companies Act 2006

Income
Income from operations
Gross income in the year before exceptional items
Gross income in the year
Expenditure
Charitable expenditure, excluding depreciation and amortisation
Governance costs
Realised losses on disposals of social investments which are programme related
Total expenditure in the year
Tax on surplus on ordinary activities
Retained surplus for the financial year
Net income after tax in the financial year
Net income before tax in the financial year
Investment income		 2024
£
288,730
288,730
288,730
245,006
1,656
-
246,662
42,068
-
42,068
42,068		 2023
£
135,598
135,598
135,598
114,020
1,620
-
115,640
19,958
-
19,958
19,958

All activities derive from continuing operations

In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.

The notes attached on pages 12 to 20 form an integral part of these accounts.

10

Vale House Community Centre Ltd - Balance Sheet as at 31 December 2024

SORP
Notes Ref 2024 2023
£ £
Current assets B
Debtors 10 B2 3,209 2,649
Cash at bank and in hand B4 111,542 73,864
Total current assets 114,751 76,513
Creditors: amounts falling due within
one year 11 C1 (10,125) (13,955)
Net current assets 104,626 62,558
The total net assets of the charity 104,626 62,558
The total net assets of the charity are funded by the funds of the charity, as follows:-
Restricted funds
Unrestricted Funds - -
Unrestricted Revenue Funds 15 D3 104,626 104,626
-		 62,558 62,558
-
Total charity funds 104,626 62,558

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. 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 7.

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.

STEPHEN SMITH

Trustee

Approved by the board of trustees on 5 June 2025

The notes attached on pages 12 to 20 form an integral part of these accounts.

11

Vale House Community Centre Ltd

Notes to the Accounts for the year ended 31 December 2024

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) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , 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) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (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.

Going Concern

The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the Trustees have obtained forecasts and, after reviewing the financial forecasts for future periods, the Trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the Trustees are not aware of any material uncertainites about the charity's ability to continue as a going concern.

Risks and future assumptions

The charity is a public benefit entity.

Volunteers

In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity.

However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note6.

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

Debtors

Debtors are measured at their recoverable amounts at the balance sheet date.

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.

Fund Accounting

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

There are no 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.

There are no endowment funds.

12

Vale House Community Centre Ltd

Notes to the Accounts for the year ended 31 December 2024

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 such matters.

5 Net surplus before tax in the financial year

The net surplus before tax in the financial year is stated after charging:-
Pension costs		 2024
£
1,614		 2023
£
864

6 The contribution of volunteers

The Charity depends on the support of volunteers, which is primarily the 4 Trustees, who have given their time and skills to ensure the continuation of the work of the Charity and increased it’s financial viability.

7 Staff costs and emoluments

Salary costs
Gross Salaries excluding trustees and key management personnel
Employer's contribution to defined benefit pension schemes
Total salaries, wages and related costs
The average number of part time staff employed in the year was
The average number of full time staff employed in the year was
The estimated full time equivalent number of all staff employed in the year was
The estimated equivalent number of full time staff deployed in different
activities in the year was:-
Engaged on charitable activities
The estimated full time equivalent number of all staff employed as above		 2024
£
101,577
1,614
103,191
5
3
6
6
6		 2023
£
63,904
864
64,768
5
1
4
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.

8 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.

13

Vale House Community Centre Ltd

Notes to the Accounts for the year ended 31 December 2024

10 Debtors

Trade debtors
11 Creditors: amounts falling due within one year
Trade creditors
Accruals
PAYE, NIC VAT and other taxes
Other creditors
12 Income and Expenditure account summary
At 1 January 2024
Surplus after tax for the year
At 31 December 2024
13 No related party transactions		 2024
£
3,209
2024
£
4,510
5,200
-
415
10,125
2024
£
62,558
42,068
104,626		 2023
£
2,649
2023
£
2,538
4,921
302
6,194
13,955
2023
£
42,600
19,958
62,558

There were no related party transactions

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

At 31 December 2024
Current Assets
Current Liabilities
At 1 January 2024
Current Assets
Current Liabilities		 Unrestricted
funds
£
114,751
(10,125)
104,626
Unrestricted
funds
£
76,513
(13,955)
62,558		 Designated
funds
£
-
-
Designated
funds
£
-
-
-		 Restricted
funds
£
-
-
-
Restricted
funds
£
-
-
-		 Total
Funds
£
114,751
(10,125)
104,626
Total
Funds
£
76,513
(13,955)
62,558

14

Vale House Community Centre Ltd

Notes to the Accounts for the year ended 31 December 2024

15 Change in total funds over the year as shown in Note Change in total funds over the year as shown in Note 14 , analysed by individual funds
Funds brought Movement in Transfers Funds carried
forward from funds in 2024 between forward to 2025
2023 funds in
2024
See Note 16
£ £ £ £
Unrestricted and designated funds:-
Unrestricted Revenue Funds 62,558 42,068 - 104,626
Total unrestricted and designated funds 62,558 42,068 - 104,626
Total charity funds 62,558 42,068 - 104,626
**16 ** Analysis of movements in funds over the year as shown in Note 15
Unrestricted and designated funds:- Income
2024
£		 Expenditure
2024
£		 Other
Gains &
Losses
2024
£		 Movement
in funds
2024
£
Unrestricted Revenue Funds 182,453 (140,385) - 42,068
Restricted funds:-
The National Lottery Community Fund
Organisations Cost of Living Fund		 69,886 (69,886) - -
Wirral Borough Council Household Support
Small Grants		 28,791 (28,791) - -
Wirral Borough Council Early Years Capital
Expansion Grant		 7,600 (7,600) - -
288,730 (246,662) - 42,068

17 The purposes for which the funds

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 revenue funds

The purpose of these funds is to provide support through the Lunch Club and to create a sensory room.

18 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.

15

Vale House Community Centre Ltd

Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015

19 Donations, Grants and Legacies

Current year
Current year
Current year
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
2024
2024
£
£
£
-
69,886
69,886
-
28,791
28,791
-
7,600
7,600
-
106,277
106,277
Revenue grants from government and public bodies - Prior Year analysis
Prior Year
Prior Year
Prior Year
Unrestricted
Funds
Restricted
Funds
Total Funds
2023
2023
2023
£
£
£
Prior Year
-
8,400
8,400
Current year
Current year
Current year
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
2024
2024
£
£
£
500
-
500
4,000
-
4,000
-
-
-
4,500
-
4,500
Revenue grants from government
and public bodies
Wirral Borough Council Early Years
Capital Expansion Grant
The National Lottery Community
Fund Community Organisations
Cost of Living Fund
Wirral Borough Council Household
Support Fund Small Grants
Skipton Building Society
Total private sector revenue
grants
Total public sector revenue grants
Revenue grants and donations
from non public bodies
School for Social Entrepreneurs
Small grants individually less than
£1000		 Prior Year
Total Funds
2023
£
8,400
-
-
8,400
Prior Year
Total Funds
2023
£
-
1,000
1,000
2,000

16

Vale House Community Centre Ltd

Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015

Revenue grants and donations from non public bodies (Include Gift Aid donations from subsidiaries) - Prior Year analysis

Prior Year
Prior Year
Unrestricted
Funds
Restricted
Funds
2023
2023
£
£
Prior Year
1,000
1,000
Total Donations, Grants and Legacies
Total Donations, Grants and
Legacies
A1
4,500
106,277
Prior year
Unrestricted
Funds
Restricted
Funds
2023
2023
£
£
Total Donations, Grants
and Legacies
A1
1,000
9,400
20
Income from charitable activities - Trading Activities
Current year
Current year
Current year
Unrestricted
Funds
Restricted
Funds
2024
2024
£
£
Primary purpose and ancillary trading
113,173
-
1,732
-
63,048
-
177,953
-
21
Current year
Current year
Current year
Unrestricted
Funds
Restricted
Funds
2024
2024
£
£
Total income from charitable trading
177,953
-
Total from charitable activitie A2
177,953
-
Total Income from charitable activities
Total Primary purpose and
ancillary trading
Lunch club
Childcare and Vale kids fees
Letting of property for charitable		 Prior Year
Total Funds
2023
£
2,000
110,777
Prior Year
Total Funds
2023
£
10,400
Current year
Total Funds
2024
£
113,173
1,732
63,048
177,953
Current year
Total Funds
2024
£
177,953
177,953		 10,400
Prior Year
Total Funds
2023
£
83,823
1,810
39,565
125,198
Prior Year
Total Funds
2023
£
125,198
125,198

17

Vale House Community Centre Ltd

Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015

22 Expenditure on charitable activities - Direct spending

Current Year
Total direct spending
B2a
Prior Year
Total direct spending
B2a
Food vouchers
Defined benefit pension costs -
charitable activities
Covid meal service food, fuel,
materials
Equipment, food, fuel, volunteer
expenses
Gross wages and salaries -
charitable activities
Equipment, food, fuel, volunteer
expenses		 Current year
Unrestricted
Funds
2024
£
46,752
1,614
-
20,081
-
68,447
Prior Year
Unrestricted
Funds
2023
£
2,666
67,953		 Current year
Restricted
Funds
2024
£
54,825
-
-
30,245
7,755
92,825
Prior Year
Restricted
Funds
2023
£
8,400
8,400		 Current year
Total Funds
2024
£
101,577
-
1,614
-
-
-
50,326
-
7,755
-
161,272
Prior Year
Total Funds
2023
£
11,066
-
76,353		 Prior Year
Total Funds
2023
£
63,904
864
519
11,066
-
76,353

23 Expenditure on charitable activities - Charitable trading

Current Year
Reallocated from support costs
Total charitable trading costs		 Current year
Unrestricted
Funds
2024
£
36,667
36,667		 Current year
Restricted
Funds
2024
£
1,000
1,000		 Current year
Prior Year
Total Funds
Total Funds
2024
2023
£
£
37,667
-
41,822
37,667
-
41,822

18

Vale House Community Centre Ltd

Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015

24
Current year
Current year
Current year
Current Year
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
2024
2024
£
£
£
Employee costs not included in direct costs
577
-
577
623
-
623
Premises Expenses
4,471
-
4,471
20,183
-
20,183
36,893
13,452
50,345
Administrative overheads
613
-
613
847
-
847
505
-
505
75
-
75
2,230
-
2,230
265
-
265
Professional fees paid to advisors other than the auditor or examiner
60
-
60
2,786
-
2,786
Financial costs
154
-
154
70,282
13,452
83,734
Less support costs reallocated to specific activities
To charitable trading costs
(36,667)
(1,000)
(37,667)
33,615
12,452
46,067
Other legal and professional
Sundry expenses
Telephone, fax and internet
Equipment expenses
Training, welfare and CRB - staff
Advertising and marketing
Support costs for charitable activities
Payroll and pension fees and
charges
Light heat and power
Premises repairs, renewals and
maintenance
Total support costs - Current
Year
Bank charges
Accountancy fees other than
examination or audit fees
Liabilty and contents insurance
Subscriptions and licences
Rates and water charges
Support costs before
reallocation		 24
Current year
Current year
Current year
Current Year
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
2024
2024
£
£
£
Employee costs not included in direct costs
577
-
577
623
-
623
Premises Expenses
4,471
-
4,471
20,183
-
20,183
36,893
13,452
50,345
Administrative overheads
613
-
613
847
-
847
505
-
505
75
-
75
2,230
-
2,230
265
-
265
Professional fees paid to advisors other than the auditor or examiner
60
-
60
2,786
-
2,786
Financial costs
154
-
154
70,282
13,452
83,734
Less support costs reallocated to specific activities
To charitable trading costs
(36,667)
(1,000)
(37,667)
33,615
12,452
46,067
Other legal and professional
Sundry expenses
Telephone, fax and internet
Equipment expenses
Training, welfare and CRB - staff
Advertising and marketing
Support costs for charitable activities
Payroll and pension fees and
charges
Light heat and power
Premises repairs, renewals and
maintenance
Total support costs - Current
Year
Bank charges
Accountancy fees other than
examination or audit fees
Liabilty and contents insurance
Subscriptions and licences
Rates and water charges
Support costs before
reallocation		 Prior Year
Total Funds
2023
£
200
346
3,541
19,170
8,507
535
-
2,479
2
1,746
111
750
280
-
37,667
(41,822)
46,067 (4,155)
-
--

19

Vale House Community Centre Ltd

Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015

Current year
Prior Year
Unrestricted
Funds
2024
£
Administrative overheads
Equipment expenses
1,479
36,667
(5,155)
25
Other Expenditure - Governance costs
Current year
Current Year
Unrestricted
Funds
2024
£
Independent Examiner's fees
1,656
Total Governance costs
1,656
26
Total Charitable expenditure
Current year
Current Year
Unrestricted
Funds
2024
£
Total direct spending
B2a
68,447
Total charitable trading costs
B2b
36,667
Total support costs
B2d
33,615
Total Governance costs
B2e
1,656
Total charitable expenditure
B2
140,385
Prior Year
Prior Year
Unrestricted
Funds
2023
£
Total direct spending
B2a
67,953
-
Total charitable trading costs
B2b
41,822
-
Total Governance costs
B2d
(5,155)
Total Governance costs
B2e
1,620
Total charitable expenditure
B2
106,240
Support costs before
reallocation
Total support costs - Prior
Year		 Current year
Restricted
Funds
2024
£
1,000
1,000
1,000
Current year
Restricted
Funds
2024
£
-
-
Current year
Restricted
Funds
2024
£
92,825
1,000
12,452
-
106,277
-
Prior Year
Restricted
Funds
2023
£
8,400
-
1,000
-
9,400
-		 Prior Year
Total Funds
2023
£
2,479
37,667
(4,155)
Current year
Total Funds
2024
£
1,656
1,656
Current year
Total Funds
2024
£
161,272
37,667
46,067
1,656
246,662
Prior Year
Total Funds
2023
£
76,353
41,822
(4,155)
1,620
115,640		 Prior Year
Total Funds
2023
£
1,620
1,620
Prior Year
Total Funds
2023
£
76,353
41,822
(4,155)
1,620
115,640

20