| Page | |||
|---|---|---|---|
| Trustees' annual report (incorporating the director's report) |
|||
| Independent auditor's |
report to the members | 15 | |
| Statement offinancial | activities | (including income and |
|
| expenditure account) |
19 | ||
| Statement offinancial | position | 20 | |
| Statement ofcash flows | 21 | ||
| Notes to the financial | statements | 22 | |
| The following pages |
do not form part ofthe financial statements | ||
| Detailed statement offinancial activities | 35 | ||
| Notes to the detailed | statement | offinancial activities | 37 |
| Year | end | ed 31 March | 2023 | |||||
|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||
| Unrestricted | Restricted | |||||||
| funds | funds | Total funds | Total funds | |||||
| Note | 8 | 6 | 6 | 6 | ||||
| Income and endowments | ||||||||
| Donations and |
legacies | 1,042,799 | 1,042,79$ | 968,817 | ||||
| Charitable activities |
14,736 | 14,736 | 12,560 | |||||
| Investment income |
20,461 | 20,461 | 19,235 | |||||
| Total income | 20,461 | 1,057,535 | 1,077,996 | 1,000,612 | ||||
| Expenditure | ||||||||
| Expenditure on |
charitable | activities | $,9 | 28,212 | 932,434 | geo,e47 | 918,667 | |
| Total expenditure | 28,212 | 932,434 | 980,647 | 918,667 | ||||
| Net income | (7,751) | 125,101 | 117,349 | 81,945 | ||||
| Other recognised gains | snd | losses | ||||||
| (Losses)/gains | from revaluation | offixed | ||||||
| assets | (25,110) | (25,110) | 54,929 | |||||
| Net movement | In funds | (32,861) | 125,101 | $2,239 | 138,874 | |||
| Reconciliation | offunds | |||||||
| Total funds brought forward | 1,290,957 | 913;062 | 2,204,01$ | 2,067,145 | ||||
| Total funds carried forward | 1,258,096 | 1,038,163 | 2,2$$,259 | 2,204,019 |
| Yeai en | ded 31 March 2 | 023 | ||
|---|---|---|---|---|
| 2023 f |
2022 5 |
|||
| Cash flows from operating | activities | |||
| Net income | 117,349 | 81,945 | ||
| Adjustments tbr: |
||||
| Depreciation oftangible fixed assets |
9,200 | 9,200 | ||
| Dividends, interest snd rents |
from investments | (19,7$9) | (19,154) | |
| Other interest receivable and similar income | (722) | (71) | ||
| Accrued (income)/expenses | (2,006) | 3,501 | ||
| Chsngesin: | ||||
| Trade and other debtors | (8,013) | (12,641) | ||
| Trade snd other creditors | (8,457) | (5,187) | ||
| Cash generated from operations |
89,812 | 57,603 | ||
| Interest received | 722 | 71 | ||
| Net cash from operating activities |
90,3$4 | 57,674 | ||
| Cash flows from Investing | activities | |||
| Dividends, interest snd rents |
from investments | 19,739 | 19,164 | |
| Net cash from investing activities |
19,739 | 19.184 | ||
| Net Increase In cash and cash equivalents Cash and cash equivalents st beginning |
ofyear | 110,07$ 1,12$,923 | 76,838 1,047,085 |
|
| Cash and cash equivalents | at end ofyear | 1,2$$,998 | 1,123,923 |
| Donations and le | gacies | |||||
|---|---|---|---|---|---|---|
| Restricted | Total Funds | Restricted | Total Funds | |||
| Funds f |
2023 f |
Funds f |
2022 f |
|||
| Donations | ||||||
| Donations | 12,532 | 12,532 | 4,571 | 4,571 | ||
| Grants | ||||||
| Grants receivable | HMPPS | 1,027,467 | 1,027&7 | 949,312 | 949,312 | |
| HMRC CJRS grants | 6,825 | 6,825 | ||||
| Grants receivable | Hope University | |||||
| Students | 2,800 | 2,800 | 2,800 | 2,800 | ||
| Grants receivable | Merseyslde | CRC | 5,309 | 5,309 | ||
| 1,042;799 | 1,042,799 | 968,817 | 968,817 |
| L | Charitable | activities | ||||
|---|---|---|---|---|---|---|
| Restricted | Total Funds | Restricted | Total Funds | |||
| Funds f |
202$ f | Funds | 2022 f |
|||
| Board snd | accommodation | 13,311 | . 1$,$11 | 12,580 | 12,560 | |
| Rent receivable | 1,425 | 1WS | ||||
| 14,738 | 14,7$6 | 12,560 | 12,560 | |||
| 7. | Investment | Income |
| nvestment Income |
||||
|---|---|---|---|---|
| Unrestdcted | .Total Funds | Unrestricted | Total Funds | |
| Funds f |
202$ f | Funds f |
2022 f |
|
| Income from listed Investments | 19,7$9 | 19,7$9 | 19,164 | 19,164 |
| Bank interest receivable | 722 | 722 | 71 | 71 |
| 20,461 | 20,461 | 19,235 | 19,235 |
| Expenditure on |
charitable activities by |
fund type | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds f |
Funds f |
2023 f |
||
| Direct Charihble | Expenditure | 25,684 | 928,593 | 954,277 |
| Support. costs | 2,528 | 3,841 | 6,370 | |
| 28,212 | 932,434 | 960,647 | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds ,f |
2022 f |
||
| Direct Charitable | Expenditure | 29,408 | 880,752 | 910,160 |
| Support costs | 827 | 7,680 | 8,507 | |
| 30,235 | 888,432 | 918,867 |
| Activities | ||||||
|---|---|---|---|---|---|---|
| undertaken | Support | Total funds | Total fund | |||
| directly f |
costs f |
2023 f |
2022 f |
|||
| Direct Charitable Expenditure Governance costs |
954,277 | 6,370 | 954,277 6,370 |
910,160 8,'507 |
||
| 954,277 | 6,370 | 960,647 | 918,667 | |||
| 10. | Analysis ofsupport costs | |||||
| Analysis of | ||||||
| support costs f |
Total 2023 f |
Total 2022 f |
||||
| Governance | costs | 6,370 | 6,370 | 8,508 | ||
| 11. | Net income | |||||
| Net income | ls stated afier charging/(cmdittng): | |||||
| 2023 f . |
2022 | |||||
| Depreciation | oftangible fixed assets | 9,200 | 9,200 | |||
| 12. | Auditors remuneration |
|||||
| 2023 f |
2022 f |
|||||
| Fees payable for the audit ofthe financial | statements | 3,840 | 3,840 |
| received by the trustees, Atotal of2201 (2022:f981)was reim expenses Incurred during the year. Tangible fixed assets |
bursed totrustees for out ofpocket |
|---|---|
| Land and | |
| bugdlngs | |
| 8 | |
| Cost | |
| At 1 April 2022 and $1 March 2023 | 51$,700 |
| Depreciation At 1 April 2022 |
110,000 |
| Charge for the year | 9,200 |
| At $1 March 202$ | 120,000 |
| Carrying amount At 31 March 202$ |
$84,000 |
| At 31 March 2022 | 394,180 |
| Investments | |||
|---|---|---|---|
| Listed | Other | ||
| investments | investments | Total | |
| r | 8 | ||
| Cost or valuation | |||
| At 1 April 2022 | 706,710 | 10,044 | 716,754 |
| Additions | |||
| Fair value movements | (25,110) | (25,110) | |
| At 31March 2023 | 681,600 | 10,044 | 891,644 |
| Impairment | |||
| At 1 April 2022 and 31 March 2023 | |||
| Carrying amount |
|||
| At 31March 2023 | 681,600 | 10,044 | 681,644 |
| At 31 March 2022 | 706,710 | 10,044 | 716,754 |
| All investments shown above are held at valuation. |
| Debtors | ||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| 8 | ||||
| Prepayments | and accrued income | 38,781 | 30.768 | |
| Creditors: amounts | falling due within one year | |||
| 2023 | 2022 | |||
| 8 | ||||
| Trade creditors | 30,504 | 27,481 | ||
| Accruals snd deferred | income | 10,835 | 12,841 | |
| Social security | and other taxes | 11,804 | 10,766 | |
| Other creditors | 10,518 | |||
| 53,143 | 61,606 |
| Gains and | At | |||||
|---|---|---|---|---|---|---|
| At 1 Apr22 8 |
Income f |
Expenditure 8 |
Transfers f |
losses 8 |
31 Mar 23 8 |
|
| General fund | 327,248 | 20,461 | (28,212) | 6,521 | 328,018 | |
| Revaluation | ||||||
| reserve | 258,999 | (6,521) | 250,478 | |||
| Investments | 350,000 | 350,000 | ||||
| Investment | ||||||
| Revaluation | ||||||
| Reserve | 356,710 | (25,110) | 331,600 | |||
| 1,290,957 | 20,461 | (28,212) | (25,110) | 1,258,098 | ||
| Gains and | At | |||||
| At 1 Apr 21 8 |
Income 8 |
Expenditure 8 |
Transfers | losses 8 |
31 Mar 22 8 |
|
| General fund | 331,727 | 19,235 | (30,235) | 8,521 | 327,248 | |
| RevalUation | ||||||
| reserve | 263,520 | (8,521) | 258,999 | |||
| Investments | 350,000 | 350,000 | ||||
| Investment | ||||||
| Revaluation | ||||||
| Reserve | 301,781 | 54,929 | 358,710 | |||
| 1,247,028 | 19,235 | (30,235) | 54,929 | 1,290,957 | ||
| Restricted funds | ||||||
| Gains and | At | |||||
| At 1 Apr 22 8 |
Income 8 |
Expenditure 8 |
Transfers 8 |
losses 8 |
31 Mar 23 f |
|
| Restricted Funds | 913,062 | 1,057,535 | (932,434) | 1,038,183 | ||
| Gains and | At | |||||
| At1 Apr21 .f |
Income 8 |
Expenditure E |
Transfers 8 |
losses 8 |
31 Mar 22 8 |
|
| Restricted Funds | 820,117 | 981,377 | (888,432) | 913,082 |
| At 1April | At $1 | |||||
|---|---|---|---|---|---|---|
| 2022 | Income | Expenses | March 2023 | |||
| General Social Care Council | 3,375 | 3,375 | ||||
| ETE(2) | 8,638 | 8,636 | ||||
| ETE(3) | 5,031 | 5,031 | ||||
| Hope University | Students | 8,704 | 2,800 | (1,284) | 10,240 | |
| Achieve NW Connect | 345 | 345 | ||||
| Merseyside CRC |
7,025 | 7,025 | ||||
| LCC (for CP) | 17 | 17 | ||||
| City ofLiverpool | 1,725 | 1,725 | ||||
| SWilliams Donations for Women |
82 | (12) | 50 | |||
| Move on Project | (11,830) | (4,282) | (18,121) | |||
| Rathbone Project |
538 | 1,000 | (532) | 1,006 | ||
| Cecil Pilklngton | Charitable | Trust | 3,000 | 3,000 | 8,000 | |
| Clothes bank project | 8,532 | (2;780) | 5,752 | |||
| General Funds | 287,508 | 14,522 | (048) | 301,172 | ||
| HMPPS | 508,847 | 1,027~467 | (922,404) | 703,910 | ||
| TOTAL | 913,082 | 1,057,321 | (032,220) | 1,038,183 |
| Analysis of net as | sets between funds | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2023 | ||
| 5 | 5 | |||
| Tangible fixed assets | 384,980 | 384,980 | ||
| Investments | 891,644 | 601,644 | ||
| Current assets | 183,972 | 1,088,806 | 1,272,778 | |
| Creditors less than | 1 year | (2,500) | (50,643) | (53,143) |
| Net assets | 1,258,008. | 1,038,163 | 2,206,250 | |
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| 5 | 5 | |||
| Tangible fixed assets | 304,180 | 304,180 | ||
| Investments | 716,754 | 718,754 | ||
| Current assets | 201,052 | 052,738 | 1,154,600 | |
| Cre'ditors less than | 1 year | (21,929) | (39,676) | (81,605) |
| Net assets | 1,200,057 | 913,062 | 2,204,019 |
| 2023 6 |
2022 f |
|||
|---|---|---|---|---|
| Income and endowments | ||||
| Donations and legacies |
||||
| Donations | 12,532 | 4,571 | ||
| Grants receivable HMPPS | 1,027,467 | 949,312 | ||
| HMRC CJRS grants | 6,825 | |||
| Grants receivable Hope University |
Students | 2,800 | 2,800 | |
| Grants receivable Merseyside |
CRC | 5,309 | ||
| 1,042,799 | 968,817 | |||
| Charitable activities |
||||
| Board and accommodation | 13,311 | 12,560 | ||
| Rent receivable | 1,425 | |||
| 14,736 | 12,560 | |||
| Investment income |
||||
| Income from listed investments | 19,739 | 19,164 | ||
| Bank interest receivable | 722 | 71 | ||
| 20,461 | 19,235 | |||
| Total Income | 1,077,996 | 1,000,612 |
| 20238' | 2022 8 |
|
|---|---|---|
| Expenditure Expendaure on charitable activities Wages and salaries Employer's NIC |
4$4,710 45,771 |
484,050 40,823 |
| Pension costs | 137,081 | 130,807 |
| Rent Rates and water |
2,108 1o,'87a |
2,000 10,726 |
| Light and heat Repairs and maintenance Insurance |
20,219 32/11 14,$71 |
13,365 29,482 13,708 |
| Legal and professional fees Depreciation Medical Expenses Charitable Gifis &Donations Furniture, Fittings &Equipment Catering 5 Cleaning Contract Equipment hire Recreation |
3,843 8,200 6,024 $,266 12/$0 75,075 7,716 8,747. |
7,681 9,200 6,404 27,967 7,744 74,135 7,836 4,4'95 |
| Training Travel - staff |
378 1,815 |
3233 1,135 |
| Travel - Residents | 58$ | 59'I |
| Accountancy &Professional Office &Administration |
5,400 2$,708 |
5,400 27,042 |
| Consultancy 5 Professional fees Bank charges Seminars |
29,8$7 677 2,0$4 |
29,217 275 857 |
| Residents loans |
254 | |
| Recruitment Expenses |
680 | |
| 860,647 | 918,667 | |
| Total expenditure | 980,847 | 918,867 |
| Net Income | 117,34$ | 81;945 |
| 2023f | 2022f | ||||||
|---|---|---|---|---|---|---|---|
| Expenditure on charitable |
activities | ||||||
| Direct Charitable | Expenditure | ||||||
| Acffvffles undertaken Wages &salaries |
directly | 494,710 | 464,050 | ||||
| Employers NIC |
45,771 | 40,623 | |||||
| Pension costs, | 137,081 | 130,607 | |||||
| Rent | 2,108 | 2,000 | |||||
| Rates &water | 10,679 | 10,726 | |||||
| Light &heat | 20,219 | 13,365 | |||||
| Repairs &maintenance | 32,411 | 29,462 | |||||
| Insurance | ,14,971 | 13,708 | |||||
| Depreciation | 9,200 | 9,200 | |||||
| Medical Expenses | 5,763 | 5,951 | |||||
| Charitable Gifts & |
Donations | 7,000 | 27,594 | ||||
| Furniture, Fittings |
& Equipment | 12,490 | 7,744 | ||||
| Catering &Cleaning |
Contract | 75,075 | 74,135 | ||||
| Equipment hire |
7,716 | 7,836 | |||||
| Recreation | 8,747 | 4,495 | |||||
| Training | . 378 | 3233 | |||||
| Travel - staff | 1,815 | 1,135 | |||||
| Travel - Residents | 569 | 591 | |||||
| Accountancy & Professional |
5,400 | 5,400 | |||||
| Oflice &Administration | 29,706 | 27,042 | |||||
| Consultancy &Professional |
fees | 28,697 | 29,217 | ||||
| Bank charges | 677 | 275 | |||||
| seminars . |
2,094 | 857 | |||||
| Residents loans |
254 | ||||||
| Recruitment Expenses |
660 | ||||||
| 954,277 | 910,160 | ||||||
| Governance co&ts |
|||||||
| Audit Fees | 3,84$ | 7,681 | |||||
| Governance costs |
- other type | 1 | 261 | 453 | |||
| Governance costs |
- other type | 2 | 2,266 | 373 | |||
| 6,370 | 8,507 | ||||||
| Expenditure on charitable |
activities | 980,647 | 918,667 |