## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |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|