SOUTHPORT & BIRKDALE PROVIDENT SOCIETY
ACCOUNTS
FOR THE YEAR ENDED 31[st] DECEMBER 2025
Charles D. O’Hara
TRUSTEE & HON. TREASURER
SOUTHPORT AND BIRKDALE PROVIDENT SOCIETY
INDEX TO ACCOUNTS
| Page | |
|---|---|
| Legal & Administrative Details | 1 |
| Report of the Trustees | 2 |
| Reports of the Independent Examiner | 3 |
| Receipts & Payments Account | 4 |
| Statement of Assets & Liabilities | 5 |
| Notes on the Financial Statements | 6 |
Page 1
SOUTHPORT & BIRKDALE PROVIDENT SOCIETY LEGAL & ADMINISTRATIVE DETAILS FOR THE YEAR ENDING 31[st] DECEMBER 2025
The Southport and Birkdale Provident Society is a Registered Charity which was set up under a scheme with the Charity Commission on 7[th] March 1977 (Charity No. 224460)
Registered Address of the Charity: 84 Lexton Drive Southport PR9 8QW
Trustees :
Mr G McNicol (Chairman) Ms A Higham (Hon Secretary) Mr C.D. O’Hara (Hon. Treasurer) Mr D.S Roberts C.T.A (Trustee) Ms. E.C. Crook (Trustee Nominated by Riverside) Ms S. Davies (Trustee Nominated by Riverside) Mr Peter Woodroffe (Trustee)
Bankers :
Natwest 130 Lord Street Southport PR9 0AE
Accounts Examiner : Sefton Community Accountancy Service
Investment Managers CCLA Investment Management Limited COIF Charity Funds P.O. Box 12892 Dunmow, Essex CM6 9DL
Page 2. SOUTHPORT AND BIRKDALE PROVIDENT SOCIETY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31" DECEMBER 2025 08JECTS OF THE CHARITY The objectives of tht Southport #nd Birkdalt Provident Socitty Are ts rdievt harthh1 •eed mong Ibe residents of the Metropolitn Borough of Stfto RESPONSIBILITIES OF THE TRUSTEES ORGANISATION:. De(isioni of the Cbrity re mAde by the Trnrtees •t bonIlY Meetin2& The Cknrity li indept•kn or other bodies its 8overn••t& within its cw¥¢1tslI. whi¢h rewi¢ts its divi 8grPhIcally. ACCOUNTING:. Th¢ Trust¢ey 4r¢ required by S¢A¢vie ts wep•rt accou•ts for fina•¢1 yer wbirh zive * tryt wl fAir view of the state of i(fAir$ of the Chrity Trd of the re•ts of the Ch#rity for tht 11. l• prepr#¥ ehme Aceounts the Trujiees re required io: l. Seleet iuitlble #CC•Umiirt8 policies #md thtn apply them ¢othsiJtenlty: 2. Mke jud8ements #nd estimxttt tb#l re re&wtt•blt •ttd prndetst: 3. Prepare the iefowuts on tbt going ¢o•¢ern buil •mleJi il IJ inApprowiale to presume iht the Charity will coatiAut in optriiott. The Trus¢tts re ruponsiblt for ketpiog proper ctounting records vhi¢h diK10 with rtasonable Kf•rAcy at any time tbe fiDanciil pItIon of the Cbrity to enNe thtm lo ewwrt Ihe c¢ou#ts comY wthih Ttlevani legi51tion. ¥Jlso rtsponsiblt for sAfryurdiDi the lets of the Charity nd htntt reasonable steps for the prevenlbon ind delee1M of frud nd oiher irreglritie COMMENTARYON ACCOUNTS:. Requests ftsr Granti ire rectived cknritiej welfare initilutiDm¥ Mployeu of tht Authority Soti•l Scrvi¢N Dep•rtmtn¢. The Trerer vtts tht pplica¢ioms from SKial Services the i$istnce of Sefion C.V.& And rffeivu p¢rmiuion for payments from the Tnmlm. Durin8 2025 we reeeived PersoMl pplietiotys of whieh 6 were exweellrf 3 were dedied •d 4 lestimted ¢oJl £616) wert •8rffd bu¢ 41 the year tDd. 142 were grt¢d p•id •1 * cost or £ 24J03.IMI. This tomparej with * tot of 181 PenoTrAI ppllttlothi l# 2024, of wlbich I I wert Cntelk4 3 were IlediA, and 167 were airttd p•id at * cojt of £29,116 li•dudin8 £ 149 for an •pplKaliow received 2023 It wJ neeesjary to eontittue restrieiitsl tht number ofappl1tii rteeivrt i• order to void wl deficit of intome tompared to exptndithrt. Thii followj x 4 yer period Of lmost i(tic iOt in the fA¢t Of increlsing demand. We itrive io m#111 * relistit rerve futtd, IA ordtr to eve oul cuh Ilow would othernise be errtie. to ineomt bEill8 r¢reiw¢d qwrt¢rfy. AJY defltit Could ffttt ••r ability to providt x¢rvice ID th¢ fgUowill8 year. RISK ASSESSMENT:. Tht Trusttes havt xsstssed the mJor to wblth the Chrhy ewld be prti¢olr thogt to the operntion and fin*n¢d of ihe TrnsL d are sxtufKd tht sple$ rt its plee th Mitsle expM•rt lo mior risks. All our Capitsl investmettts #re profets1oty mn4ed by the ChriiitJ oifKi#l l*wogMent FuThd of CCLA. Signed (m behalf of th¢ TTUSt¢¢s Chairnian.......... ......................................... ............Geoffrty McKKl
Page 3. INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SOUTHPORT AND BIRKDALE PROVIDENT SOCIETY ON THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2025 AS SET OUT ON PAGES 4 TO 6 I report to the trustees on my examination of the accoun18 of Soulhport and Birkdale Provident Society for the year ended 31$1 December 2025. R•¥pectlvo rasponslbllltles of tru8toes and oxamlner As thè ¢harity's trustees of Soulhport and Birkdale Provident Society, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the 2011 Act'l. The charity's truste8s Consider Ihat an audit is not required for this year under section 144 of the Charities Act 2011 {Ih8 Charities Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145{5)Ib) of the Charities Act, and to state whether particular matters have come to our attention. Basls of Indapondent examlnerf8 Statement My examination was cafried out in accordan with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of lh8 accounts presented with those records. It also includes consideration of any unusual items or disclosures in Ihe accounts, and seeking explanations from the Iruslees concerning any such matters. The procedures undertaken do not provide all the evidence that would be r8quired in an audit, and consequently no opinion is given as to whelher the accounts present a 'lrue and fair, view and the report is limited to those matters set out in the statement below. Independent examIn83 statement In connection with my examination. no matter has come to my attention (a) which gives me reasonable cause lo believe that in, any material respect, the requiremènts.. to keep accounting records in accordance with s8Ction 130 of the Charities Act; and lo prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not be8n met, or Ib) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. IIA 201 lan Wri9hl F.C.A. CommLJnily Accountant Sefton Council for Voluntary Service 3r¢ Floor, Suite 3b, North Wing, Burlington House. Crosby Road North, Waterloo, Liverpool L22 OLG
SOUTHPORT AND BIRKDALE PROVIDENT SOCIETY
Accounting Statement Page 4.
Receipts and Payments Account for the year ending 31st December 2025
| 2025 | 2025 | 2025 | 2024 | 2024 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CAPITAL | Restricted £ |
Unrestricted £ |
TOTAL £ |
TOTAL £ |
||||||||
| RECEIPTS Investment Income - Unrestricted - Restricted TOTAL RECEIPTS(A1) PAYMENTS Direct Charitable Grants Publicity & Fund Raising Management & Admin. TOTAL PAYMENTS (A2) Net Payments (A2 – A1) Net Receipts (A1 – A2) |
||||||||||||
| 28,377 | 28,377 | 27,287 | ||||||||||
2,584 |
2,584 | 2,516 | ||||||||||
| 2,584 | 28,377 | 30,961 | 29,803 | |||||||||
| 24,203 | 29,116 | |||||||||||
| 440 | 445 | |||||||||||
| 24,643 | 29,561 | |||||||||||
| 6,318 | 242 | |||||||||||
| Cash Fund : 31st December 2025 (A3) |
49,611 | |||||||||||
| Cash Fund : 31st December 2024 (A3) |
43,292 | |||||||||||
| SECTION B : Endowed Funds Permanent Endowment : Receipts : Payment |
2025 2584 2584 |
2024 2516 2516 |
||||||||||
| NIL | NIL | |||||||||||
Page 6.
SOUTHPORT AND BIRKDALE PROVIDENT SOCIETY
NOTES ON THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[st] DECEMBER 2025
ACCOUNTING POLICIES:
Basis of Accounting
Resources arising
Expenditure
Funds
Investments
income
Reserves
The accounts are prepared in accordance with the Statement of Recommended Practice "Accounting by Charities", as applicable to smaller Charities. Accounts are prepared on the Receipts and Payments basis.
Investment income is included in the accounts gross as received from C.O.I.F.
Administration Expenses include the necessary costs incurred in running the Charity which do not have a direct tangible effect on the charitable objectives of the Charity.
The funds consist of one unrestricted fund and one endowment fund.
Investments are included in the accounts as valued by CCLA at year end. These consist of Charities Official Investment Fund units. The original cost is also shown.
During the year ending 31[st] December 2025 Income of £ 30,961 was received. ( £ 29,803 in 2024 ) . Investments Capital Value at 31[st] December 2025 was £ 941,067 ( 31[st] December, 2024 £ 980,516 ).
Reserves of approximately £40,000 are normally held to cushion the effect of variable interest rates and income from investments and to allow flexibility in meeting grant requests. There continues to be a rising demand for the Society’s support in the continuing uncertain economic climate. The cash reserves will, therefore, continue to be monitored. The Trustees will review the situation at each BiMonthly Meeting. Only sufficient cash is drawn down from the COIF Deposit account to cover Grant payments and running expenses, in order to maximise interest earned.
Trustees Remuneration / Expenses
The Trustees were not entitled to, and received no remuneration during the year. Rent of £150.00 was paid to the Salvation Army, £164.12 for Insurances, £110.00 for Accounts Examination and £15.44 for Treasurer’s Expenses (Postages). No travelling expenses have been incurred this year.