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2023-03-31-accounts

Consolidated s tat ement
of		 financial
activi		 ties
Unrestricted Restricted Total Total
Funds Funds 2023 2022
Notes E E
Income from:
Donations
and legacies		 7,049 7,049 25,877
Charitable
activities		 1,174,466 542,832 1,717,298 6,779,935
Investment
Income		 30,453 30,453 27,892
Tota I income 1,211,968 542,832 $,754,800 6,833,704
Expenditure
on:
Charitable
activities		 8-10 (1,835,370) (1,592,537) (3,427,907) (5,816,150)
Net (expenditure)/income before gains and losses (623,402) (1,049,705) (1,673,107) 1,017,554
Net gains/(! osses) 16 (74,328) (74,328) 20,435
Net expenditure (697,730) (1,049,705) ('I,747,435) 1,037,9S9
Transfer between funds 21 -22 13,892 (13,892)
Net movement
in		 funds (683,838) (1,063,597) (1,747,435) 1,037,989
Reconciliation
of		 funds
Fund balances
brought		 forward 7,585,954 1,208,234 8,794,188 7,756,199
Fund balances
carried		 forward 20-22 6,902,116 144,637 7,046,753 8,794,188

2023 2022
Note E
Fixed assets
Programme
related		 investments 'i1 7,618,783 7,618,783
Tangible
fixed assets		 'l2 1,249,199 1,271,369
Intangible
fixed assets		 13 9,468 12,624
8,877,450 8,902,776
Current assets
Debtors 'l5 316,726 1,168,261
Current asset investments 16 1,038,876 1,113,204
Cash at bank and In hand 683,192 2,002,552
2,038,794 4,284,017
Creditors: amounts falling due within one year 17 (3,353,244) (3,768,855)
Net current
llabi!itles		 (1,314,450 515,162
Total assets less current liabilities 7,563,000 9,417,938
Creditors;
amounts		 falling due after more than one year 19 (497,011) (593,831)
Provisions
for liabilities		 24 (19,236) (29,919)
Net assets 7,046,753 8,794,188
Funds
Unrestricted
funds		 20,21 6,902,116 7,585,954
Restricted
funds		 20,22 144,637 1,208,234
Total consolidated funds 7,046,753 8,794,188

Charity balan ce s heet
2023 2022
Note
Fixed assets
Programme
related		 investments 11 7,618,783 7,618,783
Tangible
fixed assets		 12 1,249,199 1,271,369
Intangible
fixed assets		 13 9,468 12,624
8,877,450 8,902,776
Current assets
Debtors 15 316,718 1,168,269
Current asset investments 16 1,038,876 1,113,204
Cash at bank and in hand 659,865 1,989,841
2,0'I 5,459 4,271,314
Creditors: amounts falling due within one year 17 3,336,033 3,762,276)
Net current liabilities 1,320,574 509,038
Total assets less current liabilities 7,556,876 9,411,814
Creditors: amounts falling due after more than one year 19 (497,011) (593,831)
Provisions
for liabiHties		 24 (19,236) (29,919)
Net assets 7,040,629 8,788,064
Funds
Unrestricted
funds		 20,21 6,895,992 7,579,830
Restricted
funds		 20,22 144,637 1,208,234
Total consolidated funds 7,040,629 8,788,064

Consolidated
cash		 flow sta tef Tte nt
2023 2022
Note E E
Net cash provided
by (used		 in) operating activities (1,233,946) 931,499
Cash flows from investing activities:
Dividends,
interest
and rents		 from investments 30,453 27,892
Purchase
of tangible assets		 (19,047) (4,221)
Purchase
of intangible
assets		 (5,910)
Net cash provided
by (used		 in) investing activities 11,406 17,761
Cash flows from financing activities:
Repayments
of borrowing		 96,820 (107,042)
Net cash provided
by (used		 in) financing activities (96,820) (107,042)
Change
in cash and cash equivalents		 in the reporting period (1,319,360) 842,218
Cash and cash equivalents at the beginning of the reporting period 2,002,552 1,160,334
Cash and cash equivalents at the end of the reporting period 683,192 2,002,552
Represented
by:
Cash at bank and
in hand		 683,192 2,002,552

U W Giving United Trusts
2023 2022 2023 2022
E F
Total incoming resources 148,781 112,462
Total resources
expended		 (148,781) (112,462)
Total funds brought forward 6,124 6,124
Total funds carried forward 6,124 6,124
Represented by:
Debtors 6, 'I 24
Cash at bank 15,712 5,096 7,615 7,615
Creditors: amounts falling due within one year 9,588 5,096 7,615 (7,615)
Total funds carried forward 6,124 6,124
United Trusts is exempt from audit by virtue ofs.477 of the Companies Act 2006.
5.Income from donations and legacies
Unrestricted Restricted Total Total
Funds Funds 2023 2022
E
Donations
and		 sundry grants 7,049 7,049 25,877
Legacies
7,049 7,049 25,877
6.Income from charitable activities
Unrestricted Restricted Total Total
Funds Funds 2023 2022
E
Programmes 48'I,009 481,009 4,944,608
Services to charities and voiuntary organisations 846,232 61,823 908,055 863,512
Services to donors 145,831 145,831 129,508
Enablers 155,834 155,834 118,225
Strong foundations 26,569 26,569 724,082
1,174,466 542,832 1,717,298 6,779,935

Grant funding
ofactiviti		 es:
2023f 2022
Liverpool
&Merseyslde		 Charities Funds 10,000 10,000
Play Partnership
(HAF)		 730,640 3,153,394
The Ellle Trust 41,875 64,330
Covid Response 573,338
AoP Micro Commissioning
Grants		 7,000 12,000
VCF Mental
Health Grant Scheme		 211,425 211,425
Emergency
CIF Grant		 3,000
Socle!Model of Health Administration 239,116
UW Giving - distributed by Charities Aid Foundation in accordance with individual donors' direct
Instructions 148,781 112,462
Group total 1,388,837 4,139,949
Grants made under the Liverpool & Merseyslde Charities Funds are paid directly to individuals as part ofthe LCVS hardship
grants programme.
All		 other grants are paid to institutions.
No core costs or support costs are allocated to grant giving.
Governance
costs are		 included
under 'Strong foundations'		 and comprise: 2023 2022f
Core costs 94,704 90,742
Audit 38,598 33,000
Total governance
costs		 133,302 123,742
under 'Strong foundati ons'
and are separately
identified. These comprise		 :
2023f 2022
Core salaries 229,498 158,918
Unwinding
of pension		 fund commitment 310 33,976
Property costs 106,571 97,106
Marketing 5,562
IT provision 22,440 11,510
Audit 38,598 33,000
Administration 302,842 72,599
Provision
for doubtful		 debts (29,484) 61,453
Depreciation 4'l,217 36,487
Amortlsatlon 3,156 3,022
Total core costs 715,'I 48 513,633

9.Net expen diture for the yea r
2023 2022
This is stated after charging: E
Depreciation 41,217 36,487
Amortisation 3,156 3,022
Auditor's
remuneration		 —audit 38,598 33,000
Operating
lease costs		 2,116 2,025
10.Staff costs and numbers - Group and Charity
2023 2022
Staffcosts were es follows: E
Salaries 665,352 582,518
Social security costs 63,138 47,915
Pension costs 33,633 61,898
762,'l23 692,331
The average
number		 ofemployees during the year was as follows:
2023 2022
Number Number
Direct charitable
activities		 1'I 12
Management and administration 14 13
25 25
1 employee
received		 emoluments ofmore than f60,000 during the year (2021:none)

11.Programme
related investm		 ents
- Group and Charity
2023 2022
E K
Property investment:
Cost at beginning
ofthe year		 7,618,783 7,618,783
Additions
during the year
Cost at end of the year		 7618783 7618783

12.Tan gib le fixed assets
-G		 roup and Charity
Computer
&
Freehold
land		 other
& buildings equipment Total
Cost
Balance as at 1 April 2022 1,710,978 235,551 1,946,529
Additions during the year 4,182 14,865 19,047
Balance at 31 March 2023 1,715,160 250,416 'l,965,576
Depreciation and impairment
Balance as at 1 April 2022 444,202 230,958 675,160
Charge for the year 34,220 6,997 41,217
Balance at 31 March 2023 478,422 237,955 7'I6,377
Carrying amount as at 31 March 2023 1,236,738 12,461 1,249,199
Carrying amount as at 31 March 2022 1,266,776 4,593 1,271,369
All tangibie fixed assets are used in the direct charitable activities ofthe charity.

13.Inta ngible
fixed assets
- Group and Charity
Computer
software Total
Cost E
Balance as at 1 April 2022 28,387 28,387
Additions during
the year
Balance at 31 March 2023 28,387 28,387
Amortlsatlon and impairment
Balance as at 1 April 2022 15,763 15,763
Charge for the year 3,156 3,156
Balance at 31 March 2023 18,919 18,919
Carrying amount as at 31 March 2023 9,468 9,468
Carrying amount as at 31 March 2022 12,624 12,624

2023 2022
E E
Funds held at the end ofthe year 954,085 755,061
Represented by:
Funds held by LCVS 452,000 452,000
Bank balance 382,187 282, 7'i 6
Other debtors 119,898 20,345
954,085 755,061

15.Debtors
2023 2022
Group Charity Group Charity
E
Trade debtors 68,764 68,764 255,019 255,019
Prepayments
and accrued income		 50,912 50,912 242,755 242,755
Other debtors 197,050 197,034 670,487 670,487
United Trusts Intercompany Account 8 8
316,726 316,718 1,168,261 1,168,269
Trade debtors are stated net ofa provision for doubtful debts of8115,361 (2022:f144,845)
16.Current asset investments - Group and Charity
2023 2022
Quoted investments:
Carrying
amount as at 1 April		 1,113,204 1,092,769
Additions
during the year
Net unrealised
gains on investment		 assets 74,328 20,435
Carrying
amount as at 31		 March 1,038,876 1,113,204
Historic cost at 31 March 969,666 969,666
At market value:
Share of Settlers' Trust Fund (see note 26) 1,038,876 1,113,204
17.Creditors: amounts falling due within one year
2023 2022
Group Charity Group Charity
E E E
Bank loan 100,000 100,000 100,000 100,000
Trade creditors 25,672 25,672 526 526
Accruais and deferred
income		 303,074 303,074 363,802 363,802
Tax and social security costs 1,649 1,649 90'I 901
Other creditors 2,922,849 2,905,638 3,303,626 3,290,923
Intercompany
accounts		 6,124
3,353,244 3,336,033 3,768,855 3,762,276
Amounts
due to Trust and Distribution		 funds held by LCVS for distribution are included in Other creditors E2,453,000 (2022:
F2,453,000) and accruals F263,342 (2022: f263,342).
18.Deferred income -Group and Charity
2023 2022
Carrying
amount
at beginning		 ofyear 2,000
Additional
amounts
deferred		 2,000
Release of deferred
income		 (2,000
Balance at end of year 2,000
19.Creditors: amounts falling due after more than one year - Group and Charity
2023 2022
E
Bank loan 497,011 593,831

19.Creditors: amounts 19.Creditors: amounts falling due after more than one year - Group and Charity (continued) falling due after more than one year - Group and Charity (continued)
Analysis of debt maturity:
2023 2022
Amounts payable: E
In one year or less or on demand 100,000 100,000
In more than one year but not more than two years 100,000 100,000
In more than two years but not more than five years 300,000 300,000
In five years or more 97,011 193,831
597,011 693,831

2023
Programmes
related Net current Long term
investments Fixed assets liabilities liabilities Provisions Total
Unrestricted funds
General fund 1,599,245 1,258,667 (1,465,211) (497,011) (19,236) 876,454
15$ Dale Street Fund 6,019,538 6,019,538
7,618,783 1,258,667 (1,465,2'I1) (497,011) (19,236) 6,895,992
Restricted funds
Liverpool
City Council		 61,823 61,823
MyClubMoor 82,814 82,814
144,637 144,637
Charity total 7,618,783 1,258,667 (1,320,574) (497,011) (19,236) 7,040,629
UW Giving - unrestricted 6,124 6,124
Group total 7,618,783 1,258,667 (1,314,450) (497,011) (19,236) 7,046,753
Group Unrestricted 7,618,783 1,258,667 (1,459,087) (497,011) (19,236) 6,902,116
Group Restricted 144,637 $44,637
7,618,783 1,258,667 (1,3'I4,450) (497,011) (19,236) 7,046,753

2022 Movements in the ear
Resources at
beginning
of		 Gain on Resources at
year Income Expenditure Transfers investments end ofyear
Unrestricted funds 6 E E E
General
fund		 1,751,060 1,215,254 (1,507,889) 81,432 20,435 1,560,292
151 Dale Street Fund 6,019,538 6,019,538
Charity totals 7,770,698 1,216,254 (1,507,889) 81,432 20,436 7,579,830
UW Giving 6,124 6,124
Total funds 7,776,722 1,215,254 (1,607,889) 81,432 20,435 7,585,954

22. Restricted Funds - Group and Charity
2023 Movements in the ear
Resources at
beginning
of		 Gain on Resources at
year income Expenditure Transfers investments end of year
6 E E
Liverpool
City Council		 61,823 61,823
Play Partnership/HAF 641,607 54,541 (730,640) 34,492
The Ellie Trust 41,875 (4$,875)
AoP Micro grants 7,000 (7,000)
Feeding
Liverpoo!		 4$,964 63,000 (104,964)
VCF Mental
health		 251,188 (2'I1,425) (39,763)
Wirral Council MAMHS 47 (47)
MyClubMoor 15,978 165,812 (108,736) 9,760 82,834
Social Model of Health
Administration 250,000 (239,116) ('I0,884)
John Moores Foundation 7,450 7,450
Charity totals 1,208,234 394,051 (1,443,756) (13,892) 144,637
UW Giving 148,781 (148,781)
Total funds 1,208,234 642,832 (1,692,537) (13,892) 144,637

Reconciliation
of opening		 and closing provisions 2023 2022
Provision ai start of period
Unwinding
ofthe discount
factor (interest expense)
Deficit contribution
paid
Remeasurements
—impact ofchange
in assumptions
Remeasurements
- amendments
to the contribution		 schedule 30,173
570
(10,993)
(514)		 134,262
774
(33',976)
(694)
(70,193)
Provision
at end ofperiod		 'i9,236 30,173

31.Reconcili atio n
f		 rom net income to cash from operations
2023 2022
E
Net income/(expenditure) for the reporting period (as per the statement of financial activities) (1,747,435) 'I,037,989
Adjustments for:
Depreciation 41,217 36,487
Amortisation 3,156 3,022
(Gains)/losses on investments 74,328 (20,435)
Dividends
and		 interest from investments (30,453) (27,892)
Decrease/(increase) in pension provision 10,683 100,660)
77,565 (109,478)
(increase)/decrease in debtors 851,535 (396,998)
Increase/(decrease) In creditors 415,611) 399,986
435,924 2,988
Net cash provided by (used in) operating activities (1,233,946) 931,499
Reconciliation of net debt
Balances at
beginning of Balances at
year Cashfl ows end ofyear
E
Cash at bank and in hand 2,002,552 (1,319,360) 683,192
Loans falling due within one year (100,000) (100,000)
Loans falling due after more than one year (593,831) 96,820 (497,011)
Total 1,308,721 (1,222,540) 86,181