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2021-04-05-accounts

Position Vacant
Deputy Chairperson The Charity have chosen to have a rotating Chair for Trustees Meetings
Mr. Christopher
Allen
Mrs. Bertha Benjamin
Mr. Tom Burke
Mr. Jimmy Cullen
Mrs. Susan Eyo
Ms. Janet Green
Mr. BillHarpe
Ms. Wendy Harpe
Ms. Jemima Khalli
Mr. Stephen Knox
Ms. Carol Malcolm

Unrestricted Kestricted Total Total Note
Funds Funds 2021 2020 Ref.
Income from:
Donations
and legacies
1,390 1,390 -1,350 3
Charitable
activities
287,335 80,648 367,983 226,965 4
Total 288,725 80,648 369,373 228,315
Expenditure
on:
Raising Funds 716 716 999 5
Charitable
activities
280,917 10,864 291,781 241,150 6
Total 281,633 10,864 292,497 242,149
Net {expenditure)/mcome 7,092 69,784 76,876 (13,834)
Net movement
in funds
7,092 69,784 76,876 (13,834)
ReconciTiation offunds:
Total funds brought forward 154,229 680,121 834,350 848,184
Total funds carried forward 161,321 749,905 911,226 834,350

2021 2020
Note
axed assets
Tangible Assets 739,381 729,829
Current assets:
Debtors 10 56,405 83,532
Investments 14 100,000 100,000
Cash at bank and in hand 96,357 111„085
Total current assets 252,762 294,617
Liabilities:
Creditors: Amounts falling due (80,917) (190,096)
within one year
Net Current Assets or Liabilities 171,845 104,521
Total Net Assets 911,226 834,350
The funds ofthe charity:
Restricted income funds 12 749,905 680,121
Unrestricted
Funds
Designated
Funds:
13 159,000 147,000
General Unrestricted funds 2,321 7,229
Total unrestricted funds 161,321 154,229
Total charity funds 911,226 834,350

3Donations
and legacies
Unrestricted Restricted Total Total
Funds Funds 2021 2020
f
General Donations 1,390 1,390 58
Chinese New Year Donation 1,292
1,390 1,390 1,350
Year ended 5April 2020 1,350 1,350
4 Income from Charitable Activities
Unrestricted Restricted Total Total
Funds Funds 2021 2020
f f f,
Cultural
Activities
287,335 80,648 367,983 226,965
Year ended 5April 2020 220,415 6,550 226,965
Included within Income relating to Cultural Activities are the following grants:
f
Arts Council - Capital Grant 61,072
Liverpool City Council - Capital Grant
Arts Council - Revenue Grant 112,024 110,000
Arts Council England - Emergency Fund 40,844
Arts Council England - Recovery Fund 63,370
Liverpool Culture City 48,832 51,402
Liverpool Discretionary Fund 7,500
P H Holt Foundation 5,000
Conmunity
Foundation
Merseyside 5,000
Fashions Bequest Fund 10,000
Steve Morgan Foundation 900
LCVS Community
Impact Fund
1,500
Merseyside Play Action Council 3,676 2,250
Duchy Lancaster Benevolent Fund 1,800
Austin Pilkington
Fund
1,000
Rushworth
Foundation
2,500 2,500
360,718 170,452

5 Cost ofRaising Funds 5 Cost ofRaising Funds Unre.gricted Restricted Total Total
Funds Funds 2021 2020
f,
Marketing 500 500 783
Just Giving charges 216 216 216
716 716 999
Year ended5 April 2020 999 999
6Charitable Actlvlties
Staffcosts 166,810 166,810 142,278
Governance costs (see note 8) 2,356 2,356 4,794
Premises costs 48,728 48,728 21,599
Office costs ~ 53,820 53,820 30,790
Project costs 9,203 10,864 20,067 41,689
280,917 10,864 291,781 241,150
Year ended 5 April 2020 221,090 20,060 241,150
7Employees
Number ofEmployees No. No.
The average monthly
number ofemployees
during the year was: 7 7
Employment
Costs
E
Wages and Salaries 97,916 84,322
Social Security Costs 3,073 3,473
Other Pension Costs 1,176 1,033
StaffTraining 746 760
Selfemployed workers 63,899 52,690
166,810 142@78
There were no employees whose annual remuneration was f60,000ormore.
8Governance
Costs comprise:
Independent
examiner's
fee 2,100 2,100
Trustees Expand
Libraty k Subscription
121
135
2,241
453
2,356 4,794

9Tangible axed Assets Assets Fixtures
Leasehold Under Fittings 8c Total
Property Construction Equipment
Cost
At 6April 2020 207,500 529,829 9,063 746,392
Additions 9,552 9,552
At 5 April 2021 207,500 539,381 9,063 755,944
Depreciation
At 6April 2020 7,500 9,063 16,563
Charge for the year
At 5April 2021 7,500 9,063 16,563
Net book value
At 5 April 2021 200,000 539,381 739,381
At 5April 2020 200,000 529,829 729,829
Leasehold Land and Buildings Historical Unexpired
Cost Lease Term
Years
5 Huskisson
Street, Liverpool
7,500
1 Great George Street, Liverpool 200,000 799
207,500

2021 2020
10Debtors and Prepayments
Liverpool Culture City Grant 4,884
Arts Council - Recovery Fund 1 6,337
Legal Expense Claim - Ansvar Insurance 35,643 71,286
Space Hire 3,085
Prepayment 9,541 9,111
Company ofFriends 50
56,405 83,532
11Creditors: Amomtts
falling due within one year
Bank Overdraft 109,055
Trade Creditors 11,295 11,367
Liverpool City Council 69,206 69/06
Accruals and Deferred Income 416 468
80,917 190,096

12Restricted Funds Movement Movement in Funds
Balance Transfers In/ Transfers Outi Balance at
6April 2020 Inbmne Expenditure 5April 2021
f, f, f.
Bm
'lding
197,704 197,704
Arts
Council England - Building Project
366,428 61,072 427,500
V
eolia Trust - Building
Project 39,999 39,999
Liverpool City Council - Building Project.
Prior year adjustment
Granada Foundation 12,000 12,000
Awards For All - Making a Difnxrence 1,805 1,805
Community
Foundation
Merseyside 5,000 5,000
Fashions Bequest Fund 10,000 1,288 8,712
Merseyside
Play Action
Council - Y A 3,676 3,676
Steve Morgan Foundation 900 900
Trust House Foundation —After S.P. 5,419 5,419
Edward Murphy
—50th
Year Celebration 30,000 30,000
50th Year Celebration - Anonymous 5,000 5,000
Sally 8r, Kevin's Bequest - Youth Music 21,766 21,766
680,121 80,648 10,864 749,905

13Designated Funds Movement Movement in Funds
Balance Transfers In/ Transfers Out/ Balance at
6April 2020 Income Expenditure 5 April 2021
Games and Publications 8,000 8,000
Main Space Floor Improvement 9,000 (8,000) 1,000
Research and Development 10,000 10,000
5 Huskisson Repair k.HMO 20,000 20,000
5 Huskisson Lease Renewal 120,000 120,000
147,000 20,000 8,000) 159,000
14 Investments 2021 2020
f
Cost as at 5April 2020 and 2021 100,000 100,000

Analysis ofnet ass ets between funds
Unrestricted Restricted
Funds Funds Total
Fund balances at 5 April 2021 are represented by.
Tangible Fixed Assets 74,178 665,203 739,381
Current Assets 168,060 84,702 252,762
Creditors. amounts falling due within one year (80,917) (80,917)
161,321 749,905 911,226

17Related Party transactions 17Related Party transactions
2021 2020
E
Total Remuneration 29,808 27,134
Number ofworking Trustees
1$.Anancial Instruments 1$.Anancial Instruments 1$.Anancial Instruments 2021 2020
f
Carrying amount ofFinancial Assets
Debt Instruments measured at cost 243,221 285,506
Carrying amount ofFinancial Liabilities
Measured at cost 80,917 190,096

I
Unrestricted Restricted
Funds Funds 2021 2020
NCOMING RESOURCES
Arts Council England - Revenue Grant 112,024 112,024- 110,000
Arts Council England - Emergency Fund 40,844 40,844
Arts Council England
—Recovery
Fund 63,370 63,370
Liverpool
Culture City
48,832 48,832 51,402
Liverpool Discretionary Fund 7,500 7,500
Rushworth
Foundation
2,500 2,500 2,500
PH Holt Foundation 5,000 5,000
Community
Foundation
Merseyside - COVID 19Fund 5,000 5,000
Fashions Bequest Fund 10,000 10,000
MPAC- YAPlay Scheme 3,676 3,676 2,250
Steve Morgan Foundation 900 900
LCVS Community
Impact Fund
—YA Play Scheme 1,500
Duchy Lancaster Benevolent Fund - YA Play Scheme 1,800
Austin Pilkington
Fund
-YA Play Scheme 1,000
Rental Income 3,000 3,000 5,814
Hire Income 4,064 4,064 49,765
Earned Income 201 201 934
Sundry Donations including Fundraising EcGift Aid) 1,390 1,390 58
Chinese New Year Donation 1,292
TOTAL 288,725 19,576 308,301 228,315

Youth Workshop 4,Sessions 2,961 4,614 7,575 14,309
TOTAL 2,961 4,614 7,575 14,309

CULTURAL ACTIVITY SC HEDULE Continued
Unrestricted Restricted
Funds Funds 2021 2020
ACTIVITIES
Small Events
Creative and Co-operative Games 15
Kinetic Theatre - Arts Council 6,090 3,800 9,890 13,855
Community
Foundation
for
Merseyside - LCRCares 1,162 1,162
Fashions Bequest Fund 1,288 1,288
Awards For All - Video Project 1,129
Trust House - After School Project 12,381
New Year Card 152 152
TOTAL 6,242 6,250 12,492 27,380
CULTURAL AND FURTHER EDUCATION
EMPLOYEE COSTS
Wages, Salaries and Fees 144,290 144,290 116,602
Employers
National
Insurance
3,073 3,073 3,473
Employers Pension 1,176 1,176 1,033
StaffTraining 4Recruitment 746 746 760
Accommodation
Expenses
17,525 17,525 20,410
TOTAL 166,810 166,810 142+78

ULTURAI. ACTIVITY SC HEDUL
Continued
Unrestricted Restricted
Funds Funds 2021 2020
PREMISES COSTS f,
Maintenance 17,189 17,189 19,741
Light and Heat 21,338 21,338 29,845
Insurance and Security 10,201 10,201- 11,495
Old Creditors Written off (39,482)
TOTAL 48,728 48,728 21,599
GENERAL ADMINISTRATIVE EXPENSES
Telephone 3,753 3,753 3,711
Postage 333 333 413
Stationery
and Printing
909 909 2,540
Computer Costs 1,203 1,203 150
Transport 1,109 1,109 1,066
Trustees Expenses 121 121 2,241 .
Hospitality 9 9 252
Library and Subsciption 135 135 453
Marketing 500 500 783
Bank Interest Charges 5,728 5,728 1,683
Hires - Staffing &Equipment 1,057 1,057 18,470
Website Updating 1,875
Towrite offLegal Expense 35,643 35,643
Volunteer's
Expense
10 10 97
TOTAL 50,510 50,510 33,734
LEGAL AND PROFESSIONAL EXPENSES
Independent
Examination
Fee 2,100 2,100 2,100
Legal Expenses 4,066 4,066 533
Just Giving &Paypal Charges 216 216 216
TOTAL 6,382 6,382 2,849
TOTAL RESOURCES EXPENDED 281,633 10,864 292,497 242,149
Surplus
/ (Deficit) for the year
7,092 8,712 15,804 (13,834)
Balance brought
forward
154,229 258,694 412,923 426,757
Balance camed forward 161,321 267,406 428,727 412,923

Unrestricted Restricted
Funds Funds 2021 2020
INCOMNG RESOURCES
Arts Council England 61,072 61,072
Liverpool City Council
TOTAL INCOMING RESOURCES 61,072 61,072
RESOURCES EXPENDED
Professional Fees
KKA Limited - Architect's Fees 2.323'
Youdan Bri~p Ltd - QSProject Management 22,920
PC upgrading 1,196
Construction
Expense
9,552 9,552 28,448
Guisseppe Lund
—Handrails
Materials Advance Retd (40,000)
Bank Charges 5,321
TOTAL RESOURCES EXPENDED 9,552 9,552 20/08
Surplus
/ (Defrcit) for the year
51,520 51,520 (20,208)
Balance brought forward (108,402) (108,402) (88,194)
Balance carried forward (56,882) (56,882) (108,402)