pss
PSS (UK) Annual Report
2022-23

|**Contents**|
|---|
|AdministrativeInformation................................................................................------···<br>.............2|
|Welcomefromourchiefexecutive.......................................................................................................................4|
|IntrofromourChair of Trustees.............................................................................................................................6|
|Report oftheTrustees..................................................................................................................................................7|
|Ourgovernance..........................................................................................................................................................7|
|Onwardsandupwards..........................................................................................................................................14|
|Ourperformancein2022-23.............................................................................................................................29|
|Riskmanagement...................................................................................................................................................34|
|Auditor..........................................................................................................................................................................35|
|Trustees' responsibilities....................................................................................................................___...36|
|IndependentAuditors' ReporttotheMembersofPSS(UK)................................................___...37|
|Statementof financial activities includingtheincomeandexpenditureaccount___....41|
|Balancesheetat31March2023............................................................................................................................42|
|Cashflowstatementfortheyearended31March2023........____........................................43|
|Notestothefinancialstatements..................................................................................................___...44|
|1<br>Accountingpolicies..........................................................................................................<br>...44|
|2<br>Incoming resources.......................................................................................................................................49|
|3<br>Expenditure.......................................................................................................................................................51|
|4<br>Tangible fixed assets...................................................................--...................................................53|
|5<br>Investmentproperty....................................................................................................................................54|
|6<br>Fixed assetinvestments.......................................................................................................___...54|
|7<br>Debtors:amountsduewithinoneyear............................................................................--....55|
|8<br>Creditors:amountsduewithinoneyear.............................................................................--....55|
|9<br>Creditors:amountsduegreaterthanoneyear................................................................................55|
|10Pension obligations........................................................................................................................................56|
|11Reserves...............................................................................................................................................................57|
|12 Analysis ofcashandcashequivalents.................................................................................................59|
|13 Analysis ofnetdebt.......................................................................................................................................59|
|14Financialcommitments...............................................................................................................................59|
|15 Relatedpartytransactions.........................................................................................................................59|
|16 Financialinstruments.................................................................................................................................60|





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**such a scary, painful time. He's been such an inspiration to so many people, and we'll all remember him.** 

**We're sending all of our love and support to Oliver's mum, our friend and colleague Sharon, and the rest of his family.** 

## **Our culture is award-winning** 

**Back in November we beat big competition from the likes of Easy Jet and British Transport Police to win the overall Coaching Culture of the Year Award and the HR Team of The Year Award at the Coaching Culture Awards+, having been shortlisted in six out of the seven award categories.** 

**We were chuffed to have been shortlisted, but winning two awards was the icing on top of a most delicious cake. We're so proud of the culture we've created towards coaching and seeing the positive changes our PSS people have made is incredible.** 

**Coaching is a big part of how we learn, develop and grow as people and as professionals at PSS. People from all different roles from right across the organisation have coaching as a regular part of their month, including most of our managers and senior leaders.** 

**This year, the people who we've coached at PSS told us their confidence has been raised from an average of 54% to 99%.** 

## **The Big Awards 2022** 

**The Big Awards are a time to celebrate all the incredible achievements of our PSS people. Our Big Awards celebration takes place each year and gives our staff the opportunity to show their teammates how much they appreciate them. They can nominate a colleague or volunteer who deserves to be recognised for living our values. The awards were in February and were hosted by our chief executive, Lesley. It was great to reflect on the past year and see all the amazing achievements of our PSS people.** 

## **Here's who won this year:** 

**The Big-Hearted Award winner was Frendy, a support worker in Liverpool for our Making Days service.** 

**The winners of The Genuine Award were Rushell, from our people and culture team and Lucie, from our Shared Lives Wales team.** 

**The winners of The Open-Minded Award were our property services manager and Jona from Shared Lives England.** 

**The winners of The Determined Award winner were Lauren from our learning and development team, Janice from our Shared Lives Merseyside and Rachel from our communications team.** 

**The winner of The Professional Award winner was Lisa, from our Shared Lives Midlands service.** 

**24** 



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**parents and ex-offenders: the works. But something Wes was really interested in was how Shared Lives can help bed blocking in the NHS - and how with the help of Shared Lives, hospitals can discharge more patients from crowded hospitals knowing they'll be safe, supported and kept well in a family home.** 

**After we'd had a chin wag and filled him in on all things Shared Lives, Wes went to see it in action. He visited Sandra, who is one of our Merseyside carers, and the two people she supports, Ian and Debbie. The three of them wowed Wes with their relationship and how much like a family they are. He stayed an extra 15 minutes beyond his schedule to soak it all in, and left super impressed not only with how amazing Shared Lives is, but how well we run it.** 

**Wes was so impressed, in fact, that he mentioned it in his speech at the Labour Party Conference.** 

## **Watt a bright idea!** 

**We've made some small changes that will lead to big results when it comes to the lighting of our head office. Our property services manager, has be n busy making changes to the types of bulbs and lights that we use after working together with an energy consultant to review our usage and find the easiest way to reduce consumption.** 

**Following the review, lots of our bulbs have been swapped for more energy-efficient bulbs meaning we will reduce our energy usage by 23,000KWH of energy, resulting in around £9000in savings (which we can invest back into people we support), and seven tonnes of carbon reduction per year.** 

**We've also replaced the previous automatic lighting with LED lighting that is switched on and off and can be dimmed during days when it's nice and sunny (it does happen more than you think in Liverpool, not all rain you know). This means that we'll save around £5600 a year/14,000 KWH and 4.3 tonnes of carbon! It also means that we're able to support our staff who suffer from migraines or headaches as they'll be able to adjust the lighting to their needs, making it a more enjoyable office experience. We believe that the only way is up when we bring carbon usage down.** 

## **Buying social, buying local** 

**Our finance team did an audit of our suppliers this year and found that 53% of the companies we use at PSS are either local to our offices or have social value, which is ace. But we also had a bit of a wake-up call: 43% of stuff we bought was from Amazon - for price and for speediness, we think. But, speedy and cheap or not, that's not good enough. We've reminded all of our staff of the reasons why we need to buy local and social, and we're determined to find ways we can get the same level of convenience from much more sustainable places.** 

## **Being better with the Social Justice Collective** 

**As an organisation, we're doing everything we can to be as inclusive as we can as an - to look at power and privilege within our organisation and how that might impact our wider communities. We're serious about taking a long, hard look at PSS at every level, looking at** 

**27** 



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|**KPI**|Q1|_22./'23_|_22./'23_|_22./'23_|**Year-**<br>**End**<br>**Result**|21/22|
|---|---|---|---|---|---|---|
|||_Q2_|_Q3_|_Q4_|||
|Number of SharedLivesCarers<br>approvedatpanel<br>(Target=92)|18|15|11|19|**63**|92|
|Commentary: We now only have 1 x recruiter staff vacancy acrossallservices,sonumbers should<br>continue on this higher trendasnew assessments start.|||||||
|Progress against annual new growth<br>target<br>(Target=100%)|45%|47%|46%|56%|**56%**|140%|
|Commentary: In April we were successful in winning additional funding for our Parent-Baby<br>Relationship service,aspartofthe national Family Hubs and Better StartforLifeprogramme. This<br>will allow the service tobeaccessible to a wider number of families where need is lower-level The<br>ongoing pipeline still has a lot of opportunities, but conversion still creates a challenge.|||||||
|Regulated services compliant|100%|100%|100%|100%|100%|100%|
|**Commentary:**<br>Allrated asgoodor above.|||||||
|Net Increase in Volunteers<br>(Target20)|13|-1|5|0|17|_NIA_|
|Commentary: As ofMarch23,wehavea total of 116volunteersacrosstheorganisation.|||||||



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We identsfied the gTeatest risk of rnateriai impart on the financial statements from
Irregularities. induding fraud. to te within th￿l￿ble service fee In￿M￿ grant and other
ineome and the override of controls by manwent Our audlt procedures to res￿nd to
these risks indudedenquiriesof alxxrt theirown identification and assessment
ot the risks of irregularities designir￿ audit pr(￿ureS over income, sample t￿ting on the
Owing to the inherent limitations of an audic t?￿e Is an unavoldable iisk that we may not
have detected some material misstatements in the finan￿ statements even though we
have prowly p]anned and ￿rrned audit in accordance with a￿aItIng Standards. FOT
fvam the events ard transactions retleeted in the finan￿ statements, the less Ilkely the
Inherently limited pr￿edureS required by auditing standards would identify it. In additio
as with any audiL there rerftained a higher risk of non-detetdon of irrwlarities. as these
may trLvolve collusioN forgery, intentional omissions, misrepresentations or the ove￿ide ot
internal L￿ntro￿ We are not re5ponsil>le rreventin8 non<ompliance and cannot be
expect￿ todetect non-compliance wsth all lawsand re8ulations A further de￿￿PtIOn of c
responsibi]ities torthe audit of the fina￿1￿ statements is kKatedon the
Financial Rewrting Ccwicil's webslte at
descriptlon forms part of our auditofs re￿rL
ThlSre￿rtis madesolely to thecharitablec0mpanrfsmemi￿asab￿y. inaccordancewith
Chapter3 of Part 16of the Companles Act2(K)& Our audft work has been undertaken so that
we ml8ht state to the charltable companvs rnemkn those matterg we are required to state
to them in an auditor's report and for no other wrw>ge. To the fullest extent pennitted by
law. wedo not accept OT assume reS￿nsIb￿[ty to anyone other than the charitable company
and the charitable companV5 member5 as a EKMay. for our audit work. for this report, or for
the opinions we have fOrn￿(L
VKky Szujist
Forand on I￿alf of Crowe UJL UP
Statutt>ry Auditor
The Lexicon
Mount Street
Manchester
M2 5wr
7th November 2023

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|**Statementoffinancial activi**<br>**expenditure account**|**Statementoffinancial activi**<br>**expenditure account**|**Statementoffinancial activi**<br>**expenditure account**|**ties in**|**cludingthe**|**cludingthe**|•<br>**and**<br>**income**|
|---|---|---|---|---|---|---|
|**Unrestricted**<br>£<br>**Note**<br>**Incomeand Endowmentsfrom:**<br>2<br>Donationsandlegacies<br>23,565<br>Charitable activities<br>19,362,504<br>Other charitable activities<br>Investments<br>147,468<br>Other<br>197,Z19<br>**Total**<br>19,730,816<br>**Expenditure on:**<br>3<br>Raising funds<br>692<br>Charitable activities<br>- standard expenditure<br>19,510,759<br>**Total**<br>19,511,451<br>**Netgains/Oosses)oninvestments**<br>(239,649)<br>**Netincome/(expenditure)**<br>(20,284)<br>Transfers**between funds**<br>**Other recognised gains/Oosses)**<br>Gains/Uosses)onrevaluation of fixed assets<br>4,5<br>154,618<br>Gain/Uoss)on revaluation of pension liability<br>9<br>361,817<br>**Netmovement**infunds<br>496,151<br>**Reconciliationoffunds**<br>Total funds brought forward<br>8,490,004<br>Total funds carried forward<br>8,986,155|||**2023**<br> <br>**Restricted**<br>£<br> <br>4,005<br> <br>327,848<br> <br>31,279<br>|**Total**Unrestricted<br>£<br>£<br>**Zl.570**<br>26,421<br>**19,690,352**<br>18,476,654<br>**178,747**<br>130,591<br>**197Z19**<br>367,753||2022<br>Restricted<br>Total<br>£<br>£<br>11,310<br>37,731<br> <br>248,037<br>18,724,691<br>129,593<br>129,593<br> <br>30,406<br>160,997<br> <br>367,753|
|||19,730,816<br>692<br>19,510,759|<br>363,132<br> <br> <br>417,940|**20,()93,948**<br>**692**<br>**19,92JJ.699**|19,001,419<br>582<br>18,445,886|<br>419,346<br>19,420,765<br>582<br>408,063<br>1~853,949|
|||19,511,451<br>(239,649)|<br>417,940<br> <br>(53,767)|**19,929,391**<br>**(293,416)**<br>(128.J359)<br>**154,618**<br>**361,817**<br>**_31¥1.576_**<br>**_9,489.669_**|18,446,468<br>301,404|408,063<br>18,854,531<br>86,097<br>387,501|
|||(20,284)<br>154,618<br>361,817|<br>(108,575)||856,355<br>534,387|97,380<br>953,735<br>534,387|
|||496,151<br>8,490,004|(108,575)<br> <br>999,665||1,390,742<br>7,099,262|97,380<br>1,488,122<br>902,285<br>8,001,547|
|||8,986,155|~090|<br>**_98Tl2AS_**|8,490,004|**999,665**<br>9,489,669|





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|**Note**<br>**2023**<br>£<br>**Fixed assets**<br>Tangible assets<br>4<br>**2,785,755**<br>Investment property<br>5<br>**443,333**<br>Investments<br>6<br>**515911543**<br>**8,820,631**<br>**Current assets**<br>Debtors<br>7<br>**1,971,526**<br>Cash at bank and in hand<br>12<br>**1,175,735**<br>**3,147,261**<br>**Liabilities**<br>Amounts falling due within one year<br>8<br>**2,090,647**<br>**Netcurrent assets**<br>**1,056,614**<br>**Total assets lesscmrentliabilities**<br>**9,877,245**<br>**Liabilities**<br>Amounts falling due greaterthanone year:<br>Pension deficit contribution<br>9,10<br>**Totalnetassets**<br>**9,877,245**<br>**The fundsofthecharity**<br>11<br>Restricted funds<br>**891,089**<br>Unrestricted funds:<br>General Reserve<br>**8,509,769**<br>Fixed Asset revaluation reserve<br>**476,387**<br>**9,877,245**|2022<br>£<br>2,644,935<br>391,667<br>5,922,111|
|---|---|
||8,958,713<br>1,854,127<br>1,853,290|
||3,707,417<br>2,145,351|
||1,562,066|
||10,520,779<br>1,031,110|
||1,031,110|
||9,489.669<br>999,665<br>8,168,235<br>321,769<br>9,489,669|






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|Cash flows from operating activities:<br>Net cash providedby/(usedin)operating activities<br>Cash flows from investing activities:<br>Dividends, interest and rents from investments<br>Proceeds fromthesale of property, plant and equipment<br>Purchase of property plant and equipment<br>Proceeds from sale of investments<br>Purchase of investments<br>Net cash (used in)/provided by investing activities<br>Change in cash and cash equivalentsinthereporting period<br>Cashand cash equivalentsatthebeginningofthereporting period<br>Cashand cash equivalents attheend ofthereporting period<br>**2023**<br>£<br>**(768,620)**<br>**178,747**<br>**(124,834)**<br>**37,152**<br>**91,065**<br>**(677,555)**<br>1,853,290<br>**1,175,735**<br>**Reconciliationofnet income/(expenditure)tonetcashflowfrom operating activities**<br>Net income/(expenditure)for the reporting period(aspertheSOFA)<br>Adjustments for:<br>Reversal of depreciation chargeonrevalued assets<br>Depreciation charges<br>Profit on sale of property<br>(Gains)/lossesoninvestments<br>(Gains)/lossesonrevaluation of pension liability<br>Dividends, interest and rents from investments<br>Loss/(profit) on sale of fixed assets<br>(Increase)/decrease in debtors<br>(Decrease)/increase in creditors<br>Net cash provided by /(usedin)operating activities<br>Analysis of cash and cash equivalents<br>Cashin hand<br>Total cash and cash equivalents<br>**(128,859)**<br>**(46,988)**<br>**133,955**<br>**293,416**<br>**361,817**<br>**(178,747)**<br>**(117,399)**<br>**(1,085,815)**<br>**(768,620)**<br>1,175,735<br>1,175,735|2022<br>£<br>490,286<br>160,997<br>(274,754)<br>(800,000)|
|---|---|
||(913,757)<br>(423,471)<br>2!276,761|
||1,853,290|
||953,735<br>157,401<br>(387,501)<br>534,387<br>(160,997)<br>(181,266)<br>(425,473)<br>490,286<br>1,853,290<br>1!853,290|





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|The following depreciation rates are used:||
|---|---|
|Furnishings and fittings|20%|
|Office equipment and minibuses|25%|
|Freehold property|2%|
|Leasehold property|2%|
|Property valuation are split as follows:||



||**Land**|**Building**|
|---|---|---|
|Eleanor Rathbone House|25%|75%|
|Other property|75%|25%|



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|**Allalyaisof**income:<br>Grants:<br>Ministryof Justice<br>ChildreninNeed<br>Merseyside Police<br>Department of Health&Social Care<br>Other<br>Total Grant Income<br>Fees for charitable services provided<br>Donations fromtrustsand individuals<br>BigLottery Fund<br>Legacies<br>Investment Income<br>Sundry Income<br>**Total Income**|2023<br>Unrestrtcll!<br>**Resb1cted**<br>Total<br>£<br>£<br>£<br>113,221<br>113,221<br>33,435<br>33,435<br>31,337<br>31,337<br>149,855<br>**149,855**<br>327,848<br>**327,848**<br>19,362,504<br>**19,362,504**<br>23,565<br>4,005<br>**27,570**<br>147,468<br>31,279<br>**178,747**<br>197,279<br>**197,279**<br>**19,730,816**<br>**363,132**<br>**20,093,948**|2022<br>Unrestricted<br>Restricted<br>Total<br>£<br>£<br>£<br>44,773<br>44,773<br>46,831<br>46,831<br>144,839<br>144,839<br>11,594<br>11,594|
|---|---|---|
|||248,037<br>248,037<br>18,476,654<br>18,476,654<br>26,421<br>11,310<br>37,731<br>129,593<br>129,593<br>130,591<br>30,406<br>160,997<br>367,753<br>367,753|
|||19,001,419<br>419,346 19,420,765|



|**Movements**in**deferred income**<br>Grant income deferredat1.4.2022<br>Grants receivable in theyear<br>Grant income deferredat31.3.2023<br>Grant income recognised fortheyear<br>Donation income deferredat1.4.2022<br>Donations receivedinthe year<br>Donation income deferredat31.3.2023<br>Donation income recognised for theyear<br>BigLotteryFundincome deferredat1.4.2022<br>BigLotteryFundincome receivable in theyear<br>BigLotteryFundincome deferredat31.3.2023<br>BigLotteryFundincome recognisedintheyear<br>Fee income deferredat1.4.2022<br>Fee income receivableintheyear<br>Fee income deferredat31.3.2023<br>Fee income recognisedintheyear|**Unrestricte**<br>£|**2023**<br>**Restricted**<br>£<br>**216,721**<br>**159,479**<br>**(48,352)**|<br>**Total**<br> <br>£<br> <br>**216,721**<br> <br>**159,479**<br> <br>**(48,352)**|2022<br> Unrestricted<br>Restricted<br>Total<br>£<br>£<br>£<br> <br>232,028<br>232,028<br> <br>232,730<br>232,730<br> <br>(216,721)<br>(216,721)|2022<br> Unrestricted<br>Restricted<br>Total<br>£<br>£<br>£<br> <br>232,028<br>232,028<br> <br>232,730<br>232,730<br> <br>(216,721)<br>(216,721)|
|---|---|---|---|---|---|
|||**327,848**|<br>**327,848**||248,037<br>248,037|
||**23,565**|**9,560**<br>**(5,555)**|<br>**33,125**<br> <br>**(5,555)**|<br>|26,421<br>11,310<br>37,731|
||**23,565**|**4,005**|<br>**27,570**||26,421<br>11,310<br>37,731|
||||||29,365<br>29,365<br>100,228<br>100,228|
|||||129,593<br>129,593<br> <br>62,873<br>62,873<br> <br>18,541,499<br>18.541,499<br> <br>(127,718)<br>(127,718)|129,593<br>129,593|
||**127,718**<br>**19,482,869**<br>**(248,083)**|-|**127,718**<br>**19,482,869**<br>**(248,083)**|||
||**19,362,504**|~~-~~|**19,362,504**|<br>18,476,654<br>-<br>18,476,654||





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|**Analysis of incomebyoperational area:**<br>**Unrestricted**<br>£<br>Home&Communities<br>**4;.rTl,974**<br>Shared Lives<br>**13,731,668**<br>Strengthening Families<br>**1,318,593**<br>Other<br>**302,581**<br>**19?30&16**<br>**BigLottery Fund analysis**<br>**Restricted.**<br>**2023**<br>**Income**<br>**Income**<br>**Income**<br>**deferred**<br>**receivable**<br>**recognised**<br>**1.42022**<br>**fortheyear**<br>**fortheyear**<br>£<br>£<br>£<br>Family Impact 0010266218<br>Parent&Baby Wellness 0010300227<br>The Ruby Project 0010255361<br>**Investment income includes:**<br>**Unrestricted.**<br>£<br>Income fromUKlisted investments<br>Income from non-UK listed investments<br>Income from investment&unittrusts<br>**139,417**<br>Interestondeposit funds<br>**8.Q38**<br>**147,455**|**Unrestricted**<br>£<br>**4;.rTl,974**<br>**13,731,668**<br>**1,318,593**<br>**302,581**<br>**19?30&16**|**Unrestricted**<br>£<br>**4;.rTl,974**<br>**13,731,668**<br>**1,318,593**<br>**302,581**<br>**19?30&16**|**2023**<br>**Restricted**<br>£<br>**11,538**<br>**200**<br>**350,586**<br>**808**|**Total**<br>£<br>**4,389,512**<br>**13,731,868**<br>**1,669,179**<br>**303,389**|Restated<br>2022<br>Unrestricted<br>Restricted<br>Total<br>£<br>£<br>£<br>4,227,433<br>1900<br>4,229,333<br>12,969,714<br>142<br>12,969,856<br>1,527,540<br>390,943<br>1,918,483<br>276,732<br>**26,361**<br>303,093<br>1910011419<br>4191346<br>191420?65<br>Restricted<br>2022<br>Income<br>Income<br>Income<br>receivable<br>recognised<br>deferredat<br>fortheyear fortheyear<br>31.3.2022<br>£<br>£<br>£<br>120,728<br>(129,593)<br>(20,500)<br>100,228<br>(129,593)<br>**2022**<br>Unrestricted<br>Restricted<br>Total<br>£<br>£<br>£<br>130,247<br>30,406<br>160,653<br>344<br>344<br>130,591<br>30,406<br>16_Q,997|
|---|---|---|---|---|---|
||||<br>**3631132**|**2010931948**||
||||**Income**<br>**deferredat**<br>**31.3.2023**<br>£<br>**2023**<br>**Restricted.**<br>£<br>**31,279**|Income<br>deferred<br>1.4.2021<br>£<br>8,865<br>20,500<br>29,365<br>**Total**<br>£<br>**170,696**<br>**8,038**||
|||**147,455**|**31,279**|**178?34**||



## 



|Home and Communities<br>Shared Lives<br>Strengthening Families<br>Other<br>Costs of generatingvoluntaryincome|**2023**<br>£<br>£<br>£<br>£<br>**Pension**<br>**Support**<br>**Governance**<br>**Exceptional**<br>**DirectCosts**<br>**Costs**<br>**Costs**<br>**costs**<br>3,862,603<br>~S.397<br>19,204<br>12,137,543<br>1,242,466<br>60,344<br>-<br>1,495,079<br>153,045<br>7,433<br>555,585<br>692<br>**18,051,502**<br>**1,790,908**<br>**86,981**<br>-|£<br>**Total**<br>**_4;J.77;J.04_**<br>**13,440,353**<br>**1,655,557**<br>**555,585**<br>**692**<br>**19,929,391**|£<br>£<br>Support<br>Direct Costs<br>Costs<br>3,552,911<br>328,469<br>11,590,063<br>1,071,508<br>1,733,281<br>160,242<br>348,371<br>582<br>17,225,208<br>1,560,219|2022<br>£<br>Governance<br>Costs<br>14,548<br>47,459<br>7,097|£<br>£<br>Pension<br>Exceptional<br>costs<br>Total<br>3,895,928<br>12,709,030<br>1,900,620<br>348,371<br>582<br>18,854,531|
|---|---|---|---|---|---|
|||||69,104||



## 

|**2023**|2022|
|---|---|
|£|£|
|**25,974**|22,200|
|**19,374**|12,606|
|**41,633**|34,298|
|**86,981**|______M,_104|





## 

|Expenditure continued|||
|---|---|---|
|The following amounts are includedinexpenditure:<br>Depreciation: tangible fixed assets, owned<br>Operating Lease rentals:<br>Land&Building<br>Other<br>Auditors Remuneration - Audit Services<br>**Staff costs**<br>Salaries<br>Social Security costs<br>Otherpension costs<br>Average no. of employees<br>Analysis:<br>Charitable activities<br>Governance<br>The emoluments of higher paid employees fellwithinthefollowing<br>ranges:<br>£60,000 - £70,000<br>£70,001 - £80,000<br>£90,001- £100,000|**2023**<br>£<br>**86,967**<br>**1,34,096**<br>**12,936**<br>**25,974**|2022<br>£<br>157,400<br>124,321<br>14,875<br>22,200|
||**2023**<br>£<br>**5,515,106**<br>**461,912**<br>**451,404**<br>**6,428,422**|2023<br>£<br>5,377,845<br>415,335<br>380,912|
|||6,174,092|
||**279**|287<br>285<br>2|
||**277**<br>2<br>**279**||
|||287|
||**2023**<br>**No.**<br>2<br>1|2023<br>No.<br>2<br>1|





## 

|**Cost/valuation**<br>Balanceat1.4.2022<br>Additions<br>Disposals<br>Gains/0osses)onrevaluations<br>Transfers<br>Balanceat31.3.2023<br>Depreciation<br>Balanceat1.4.2022<br>Charge foryear<br>Ondisposals<br>Writtenback<br>Balanceat31.3.2023<br>**Netbook**amount<br>31-Mar-23<br>31-Mar-22|**Freehold**<br>**property**<br>£<br>273,000<br>47,000|**Leasehold**<br>**property**<br>£<br>2,160,714<br>55,952|Furnishings<br>**&fittings**<br>£<br>247,034|**Office**<br>**Equipment**<br>£<br>1,127,907<br>124,834|**Total**<br>£<br>3,808,655<br>124,834<br>102,952|
|---|---|---|---|---|---|
||**320,000**<br>11,703<br>(1!,703)<br>**320,000**|2,216,666<br>35,285<br>(35,285)|**247,034**<br>198,244<br>29,558|**1,252,741**<br>918,488<br>104,396|**4,036,441**<br>1,163,720<br>133,954<br>(46,988)|
||||2Z7,802<br>**19.232**|1,022,884|<br>1,250,686<br>**?:,785,755**|
|||2.216.666||_'229~57_||
||<br>261,297|2,125,429|48,790|209,419|<br>2,644,935|



## 

||**2023**|2022|
|---|---|---|
||£|£|
|If**the freehold and leasehold land and buildings had not been revalued,**|||
|**they would have been includedonthe historical costbasisasfollows:**|||
|Cost|**1,925,404**|1,925,404|
|Accumulated depreciation|**142,744**|114,933|
|Net book value|**1,782,660**|1,810,471|





## 

|5<br>Investment property|||
|---|---|---|
||**2023**|<br>2022|
||£|£|
|Balanceat 14.2022|391,667|<br>391,667|
|Additions|||
|Disposals|||
|Losson revaluation|51,666|----|
|Balanceat 313.2023|**443,333**|<br>**391,667**|



## 

|**Listed investments:**<br>Market valueat01.4.2022<br>Legacies<br>Additions<br>Disposals<br>Adjustmenttomarket value<br>Market value at31.3.2023<br>**Analysisofquoted investments:**<br>Fixed interest<br>Ordinary shares -UK<br>Ordinary shares -overseas<br>Alternatives<br>**Other investments:**<br>Deposit fund<br>Investment&Unittrusts|**Unrestricted**<br>£<br>4,806,567<br>(239,649)|Restricted<br>(LQV)<br>£<br>323,851<br>(16,147)|**Restricted**<br>**(Mountford)**<br>£<br>37,152<br>(37,152)|<br> <br>**Restricted**<br>(I.CWT)<br>£<br>754,541<br>(37,620)|<br> <br>**Total**<br>£<br> <br>5,922,111<br>(37,152)<br>(293,416)|
|---|---|---|---|---|---|
||**4,566,918**|**307,704**||**716,921**|**5,591,543**|
||4,566,918|307,704<br>307,704|-----<br>-----|716,921<br>716,921|5,591,543<br>5,591,543|
||4,566,918|||||





## 

|Trade Debtors<br>Other Debtors<br>Prepayments&AccruedIncome||£<br>**1,182,420**<br>**2,179**<br>**7861927**<br>**1,971,526**<br>£<br>1,328.178<br>1,697<br>524,253<br>1,854,128|
|---|---|---|



## 

||**2023**|2022|
|---|---|---|
||£|£|
|Trade Creditors|**332,982**|241,873|
|OtherCreditors|**19,527**|473,702|
|Accruals|**612,065**|544,976|
|Deferred Income|**301,990**|344,438|
|OtherTaxes&Social Security|**101,484**|130,332|
|Pension Creditor|**43,546**|43,464|
|Pensions Trust liability: duewithinayear|**679,053**|366,566|
||**2,090,647**|2,145,351|



|**2023**<br>£<br>Opening deferred income<br>**377,564**<br>Amounts charged for the year<br>**19,675,473**<br>Amounts released in the year<br>**(19,751,047)**<br>Closingdeferred income<br>**301,990**|2022<br>£<br>324,266<br>18,912,188<br>(18,892,016)|
|---|---|
||344,438|



## 

|9<br>Creditors:c..<br>ouniduegreaterthano|ne year||
|---|---|---|
||**2023**|2022|
||£|£|
|Pensions Trust liability: due greaterthana year|____|1,031,110|
|||1,031,110|





## 



## 

## 

|**Resbicted funds:**<br>Child Welfare<br>Mountford Fund<br>Liverpool Queen Victoria<br>Other<br>**Total resbicted funds**<br>**General funds:**<br>Fixed Asset Revaluation<br>General reserve<br>**Total unresbicted funds**|**Balance at**<br>**1.4.2022**<br>£<br>**569,060**<br>**37,152**<br> <br>**364,634**<br>**28,819**|**Incoming**<br>**resources**<br>£<br>**21,255**<br>**9,470**<br>**332,407**<br>**363,132**|**2023**<br>**Net**<br>**incoming/**<br>**Expenditure (outgoing)**<br>**&losses**<br>**resources**<br>£<br>£<br>**(21,255)**<br>**(27,492)**<br>**(27,492)**<br>**(9,470)**<br>**(359,723)**<br>**(27,316)**<br>**(417,940)**<br>**(54,808)**<br>**(19,511,451)**<br>**219,365**<br>**(19,511,451)**<br>**219,365**<br>**(19,511,451)**<br>**219,365**|**2023**<br>**Net**<br>**incoming/**<br>**Expenditure (outgoing)**<br>**&losses**<br>**resources**<br>£<br>£<br>**(21,255)**<br>**(27,492)**<br>**(27,492)**<br>**(9,470)**<br>**(359,723)**<br>**(27,316)**<br>**(417,940)**<br>**(54,808)**<br>**(19,511,451)**<br>**219,365**<br>**(19,511,451)**<br>**219,365**<br>**(19,511,451)**<br>**219,365**|**Realised/**<br>**unrealised**<br>**gains/losses**<br>&**transfers**<br>£<br>**(37,620)**<br>**(16,148)**|**Balance**<br>**at**<br>**31.3.2023**<br>£<br>**531,440**<br>**9,660**<br>**348,486**<br>**1,503**<br>**891,089**<br>**476,387**<br>**8,509,769**<br>**8,986,156**<br>**8,986,156**|Balanceat<br>1.4.2021<br>£<br>507,004<br>37,152<br>330,702<br>27,427|<br>Incoming<br>resources<br>£<br>3,191<br>9,131<br>407,024|2022<br>Net<br>Realised/<br>incoming/<br>unrealised<br>Balance<br>Expenditure (outgoing) gains/losses<br>at<br>&losses<br>resources<br>& transfers 31.3.2022<br>£<br>£<br>£<br>£<br>(1,376)<br>1,815<br>60,241<br>569,060<br>37,152<br>(1,055)<br>8,076<br>25,856<br>364,634<br>(405,632)<br>1,392<br>**28,819**<br>(408,063)<br>11,283<br>86,097<br>999,665<br>(3,688)<br>(3,688)<br>321,769<br>(18,442,780)<br>558,639<br>835,791 8,168,235<br>(18,446,468)<br>554,951<br>835,791 8,490,004<br>(18,446,468)<br>554,951<br>835,791 8,490,004|2022<br>Net<br>Realised/<br>incoming/<br>unrealised<br>Balance<br>Expenditure (outgoing) gains/losses<br>at<br>&losses<br>resources<br>& transfers 31.3.2022<br>£<br>£<br>£<br>£<br>(1,376)<br>1,815<br>60,241<br>569,060<br>37,152<br>(1,055)<br>8,076<br>25,856<br>364,634<br>(405,632)<br>1,392<br>**28,819**<br>(408,063)<br>11,283<br>86,097<br>999,665<br>(3,688)<br>(3,688)<br>321,769<br>(18,442,780)<br>558,639<br>835,791 8,168,235<br>(18,446,468)<br>554,951<br>835,791 8,490,004<br>(18,446,468)<br>554,951<br>835,791 8,490,004|
|---|---|---|---|---|---|---|---|---|---|---|
||**999,665**||**(417,940)**|**(54,808)**|**(53,768)**||902,285|419,346|(408,063)||
||**321,769**<br>**8,168,235**|**19,730,816**|**(19,511,451)**<br>**(19,511,451)**|**219,365**|**154,618**<br>**122,169**||325,457<br>6,773,805|19,001,419<br>19,001,419<br>19,001,419|(3,688)<br>(18,442,780)<br>(18,446,468)<br>(18,446,468)||
||**8,490,004**<br>**8,490,004**|**19,730,816**<br>**19,730,816**||**219,365**|**276,787**||7,099,262||||
||||**(19,511,451)**|**219,365**|**276,787**||7,099,262||||





## 

|**Restricted funds**<br>Child Welfare<br>Mountford Fund<br>LiverpoolQueenVictoria<br>Other<br>**Unrestricted funds**<br>Fixed Asset reserve<br>General reserve<br>Designated funds||Tangible<br>fixed<br>assets<br>t:|Investment<br>property<br>t:|**2023**<br>Investments<br>atmarket<br>Bank<br>value<br>balances<br>t:<br>t:<br>716,921<br>981<br>307,703<br>~~1,024,624~~<br>981|**2023**<br>Investments<br>atmarket<br>Bank<br>value<br>balances<br>t:<br>t:<br>716,921<br>981<br>307,703<br>~~1,024,624~~<br>981|Other<br>assets &<br>liabilities<br>t:<br>(186,464)<br>9,660<br>40,786<br>1,502|**Total**<br>t:<br>**531,438**<br>**9,660**<br>**348,489**<br>**1,502**<br>**891,089**|Tangible<br>fixed<br>assets<br>t:|Investment<br>property<br>t:|**2022**<br>Investments<br>atmarket<br>value<br>t:<br>754,541<br>37,152<br>323,850<br>1,115,543<br>Bank<br>balances<br>t:<br>981<br>981|**2022**<br>Investments<br>atmarket<br>value<br>t:<br>754,541<br>37,152<br>323,850<br>1,115,543<br>Bank<br>balances<br>t:<br>981<br>981|Other<br>assets&<br>liabilities<br>**t:**<br>(186,462)<br>40,784<br>**28,819**|**Total**<br>t:<br>**569,060**<br>**37,152**<br>**364,634**<br>**28,819**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||~~1,024,624~~|981|1134,516)||||1,115,543||1116,859)|**999,665**<br>---<br>**321,769**<br>**8,168,235**<br>**8,490,004**<br>---<br>**9,489,669**|
|||424,721<br>2,361,034|51,666<br>391,667|4,566,919|1,174,754|15,395|**476,387**<br>**8,509,769**<br>**8,986,156**|321,769<br>2,323,166|391,667|4,806,568|1,852,309|(1,205,475)||
|||2,785,755<br>2,785,755|443,333<br>443,333|4,566,919<br>5,591,543|1,174,754<br>1,175,735|15,395||2,644,935|391,667|4,806,568|1,852,309|(1,205,475)||
||||||||**9,877,245**|||||||
|||||||(119,121)||2,644,935|391,667|5,922,111|1,853,290|(1,322,334)||



## 

## 



## 



## 


## 

|Notlaterthan1year<br>Laterthan1yearandnotlaterthan5 years||**Land**&**Buildings**<br>**2023**<br>2022<br>£<br>£<br>**67,661**<br>45,093<br>**30,193**<br>331002|**Other**<br>**2023**<br>£<br>**13,080**<br>**39~40**<br>**52,320**<br>2022<br>£<br>13,080<br>521320<br>65,400|
|---|---|---|---|
|||**97,854**<br>78,095||



## 



## 

|**Financial Assets**<br>Cashatbank andinhand<br>Investments<br>Trade debtors<br>Otherdebtors<br>Accrued income<br>Financial Liabilities<br>Trade creditors<br>Othercreditors<br>Accruals|**2023**<br>£<br>1,175,735<br>5,591,543<br>1,182,420<br>2,179<br>656,890<br>**8,608,767 **<br>332,982<br>19,527<br>612,065<br>**964,574**|2022<br>£<br>1,853,290<br>5,922,111<br>1,328,178<br>1,697<br>368,378|
|---|---|---|
|||9,473,654|
|||241,873<br>473,702<br>544,976|
|||1,260,551|