COMPANY REGISTRATION NUMBER: 1056472
CHARITY REGISTRATION NUMBER: 501859
The Black.E
Company Limited by Guarantee
Unaudlted Financial Statements
5 April 2024
'ACfjLPPVE*
2511112024
COMPANIES HOUSE
#112

The Black-E
Company Limited by Guarantee
Financial Statements
Year ended 5 April 2024
Page
Trustees, annual report (incorporating the directorfs report)
Independent examiner's report to the trustees
11
Statement of financial activities (including income and
expenditure account)
13
Statement of financial position
14
Notes to the financial statements
16

The Black.E
Company Limited by Guarantee
Trustees. Annual Report {Incorporating the Director's Report)
Year ended 5 April 2024
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudited financial statements of the charity for the year ended 5 April 2024.
Reference and admlnlstrative delalls
Registered charity name
The Black-E
Charity registration number
501859
Company reglstratlon number 1056472
Prlnclpal offl¢e and registered 1 Great George Street
office
Liverpool
L1 SEW
The trustees
Mr P Jennings
Dr Rahma Kingfisher
Mr Aki Morgan
Ms Andrea Vas
Ms Janine Ross
Mr Craig Rogers
MsSEyo
Mrs T Afful
Mr C Allen
Ms A Ankrah
Ms J Green
Mr B Harpe
Mrs W Harpe
Ms J Khalli
Mr l Freeman
Mr R Prilchard
(Appointed 29 November 2023)
(Appointed 1 Aprll 20241
(Appointed 24 April 2024)
(Appointed 1 April 2024)
(Appointed 1 April 2024)
(Appointed 1 April 2024)
(Resigned 19 October 2023)
(Resigned 28 February 2024)
(Resigned 13 May 2023)
(Resigned 28 April 2024)
(Resigned 20 July 2023)
(Appoint8d 29 November 2023)
(Resigned 28 February 2024)
(Resigned 17 November 2023)
Archive Sub-committee Members
The persons who have acted as Archive Sub-committee members during the year are:
Chairperson
Mr P Jennings

The Black-E
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) {conlinued)
Year ended 5 April 2024
The Trustees, who are also Direclors of the charity for the purposes of Company Law, present Iheir
Annual Report and the Financial Statements for the year ended 51h April 2024.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the
accounts and comply with the charitls memorandum and articles of association, the Companies Act
2006. and "Accounting and Reporting by Charities.. Statement of Recommended Practlce applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)"
The informatlon contained in Ihis Annual Report is both complemented and augmented by informalion
available on the website, 4w.theblack-e.org.
Th8 Charity
Great Georges Community Cultural Project, now operating as The Black-E, is a charitable company
limited by guarantee and with no share capital. The Company is registered in England and Wales, No.
01056472. The principal governing document is the company Memorandum and Articles of
Association. The charity is registered with the Charity Commission No. 501859. The principal adclress
and registered office of the Company is..
The Black-E
1 Great George Street
Liverpool
L15EW
The day-to-day management of the charity is vested in The Chlef Executive Officer with support from
the Arts Development Director for Children and Young People, the Associate Cultural Directors, and
associate staff who develop and deliver activity and meet through a weekly all-team meeting.
Over the year professlonal support on bookkeeping, flnancial management and governance has been
provided by ERC Accountants. Haissaata Diallo and Ms Joyce Kanini.
Independent examlner
Richard Brown FCA FCCA
Hanover Buildings
11-13 Hanover Street
Liverpool
L13DN

The Black-E
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) {¢ontinuedJ
Year ended 5 April 2024
Structure, governance and management
Method of appointment of trustees
The Trustees are "the keepers of the vision" Experts overseeing Trustees should be on Tap and not
on Top as Trustees. The Trustees aim lo ensure that they are reflective of the local community {50Y.
of Trustees have a connection with Liverpool) and in terms of gender, race, disability and class - and
that they possess collectively the arts, cultural and community experience and the expertise to exercise
their responsibilities and to provide the Black-E with "affection, protection, and direction., Trustees are
recruiled through both advertising, as well as person to person contact, ne￿OrkIng and contact with
the cultural and CYP programmes. The Trustees bring to their responsibilities a combination of
experience. skills and qualifications in the following areas.. architecture and planning,. building
construction; financlal control, accountancy and bookkeeping., fundraising.. law; voluntary sector
managernent,. arts administration and management- cultural policy- environmental issu8s-, event
promolion, production, and directlon; exhibition curation; marketing,. leisure services management.,
local government,. security,. equal opportunllies., cultural diversity,. youth work., education and training.,
arts and disability,. arts therapy., information technology: film & media: lileralure,. drama,. music; dance-
fashion,. visual arts and crafts., games,. sport and recreation.
Induction and Iraining tnjstees
New Trustees are inducled through meetings and through documentation. Monthly Trustees meetings
begin with a morning training session in a specific area of responsibility (e.g., Charity Law, the
Disability Discrimination Act, equal opportunities, safeguarding, audited accounts, etc.) The Truslees
are responsible 'for steering the ship" This means that the Trustees take decisions to ensure that
ther8 is a balance between resources available for the capital programme and for the cultural
programme, that there is a balance between the cultural programme and hires, and that there is a
balance within the cultural programme between 'perforrning' and 'making' arts, and between youth arts
and the programme,. Management accounts, audited accounts, and revisions of business plans are
received. considered, and determined by the Truslees. Ad-hoc Building Sub Committee, Audit Sub
Committee, Archive Sub Committee and Personnel Sub Committee are from time lo time given
delegated powers in relation to their respective areas, and report back to Trustees meetings. Staff lake
decisions of detail within parameters sel by the Trustees, e.g., the detail of the Gallery or Cultural
Programme and key policies including Financial Standing Orders, 'It takes a Village....
Safeguarding
Policy.

The Black-E
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) {conlinuedJ
Year ended 5 April 2024
Objectives and activities
In setting our objectives and planning our activi118s the Trustees have glv8n careful consideration to
the Charity Commission's general guidance on public benefit.
The objects for which the charty is established are..
a) To advance Ihe education of the publlc in and by means of all the arts Includlng performing arts,
visual arts, applied arts and experimenlal work in the arts and by improving standards of execution and
appreciation of Ihe arts.
b) To provide or assist in the provision of facilities for recreation or other leisure-time occupation in the
inlerests of social welfare for members of the public at large and for persons who have need of suGh
facilities by reason of their youlh, age, infirmily or disablement, Poverty or social or economic
circumslances, wilh the object of improving conditions of life for the persons for whom the facilities are
intended.
c) To establish and malntain Community Centre for the benefil of the inhabitants of the Merseyside
Area and lo promote all or any objects for the benefit of the said inhabitants which now are or hereafter
may be deemed by law to be charitable.
The creation of contexts {both social and environmental) which encourage an improved and
meaningful relationship between artists and communities for the creation's presentation and promotion
of contemporary work of high quality and originality. This means that the Bl8ck-E is committed to..
a) access - both providing access and improving access to the artist and for the artist, and for those
Indivlduals and groups already involved in the arts as well as for those with no previous involvement
with the arts - for example by the provision of workshops both as part of the ongoin9 programme and
in conjunction with residencies, performances; by establishing an on-going dialogue between artists
and their audiences through repealed visits and work. and by running seminars, residencies, etc.
which enable artists to meel and work together.
bl positive action - relatlon to artists who are dlscriminated against - and in relation to communities
and individuals who are dlscriminaled against or disadvantaged to provide opportunities for such
artist communities. and individuals to give expression to their experience, their needs. and their
aspirations, and to celebrate their achievements and rediscover their history.
c) education {learning and unlearning) and training both by and for artists - and both by and for
communilies and individuals- with a view to improving performance, understanding, and
communicalion. The creation of opportunities and contexls which enable people to actively participale
in creative activities a participation based in "doing" as well as "viewing" In order, amongst other aims,
lo further democratise the arts.
The creation of opportunities and contexts which enable people to aclively participate in creative
activities a partiClP8tion based in "doing" as well as "viewing
in order, amongst other aims. to further
democratise the arts.
Indeed, since democracy rests on the creation of a common language, and since the arts remain
among Ihe most restricted of languages, such involvement aims lo promote democralisation not only
through a shared understanding of these languages but a150 through growth and development in the
languages Ihemselves.

The Black-E
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continued)
Year ended 5 April 2024
This means the Black-E is committed to..
a) the creation and 8xploralion of forms in which "8udlence' participation is fundamental.
b) experiment to make a contribution to the research and development which is essential if new forms
and techniques are lo emerge lo give expression to the worlds of tod8y 8nd tomorrow.
The recognition and valuing of cultural diversity. This means the 8lack-E is committed to:
a) promoting work which reflects the experience and Concerns of those groups within our society
whose voices have been marginalised,'anthropologised' or ignored.
b) programming across the spectrum of creative activities
the fine arts, the popular arts, the
performing arts, the making arts, creative and co-operative games, contemporary media, and
traditional crafts
to promote and develop harmony rather than hierarchy be￿een forms, and
8ddilionally to promote and develop cross-fertilisalion and positive interaction between forms.
c) a perspective of the arts which is local, regional, national, and international to stimulate and
develop a sense of cultural and geographical inter-relaledness and variety.
From all the above, in committing itself to exploring and recrealing the relationship between
contemporary society and the contemporary artist and between contemporary society and creative
aclivilies and opportunilies, the Bla¢k-E is committing itself to a ￿0-in-One duality - lo the development
of communities and to the developmenl of artists.
In terms of communities, then such a commitment is based on a recognition of the role of the arts in
community development.. every community issue is also an issue to be explored through the arts. In
terms of artists, then such a commitment is based on the complementary recognition that - only given
the opportunity- everyone is an artist. In terms of communities, then such a commitment is based on a
recognition of the role of the arts in community development.. every community issue is also an issue to
lo explored through the arts. In terms of artists, then such a commitment is based on the
complementary recognition that- only glven the opportunity- everyone Is an artlst.
And if all the earlier text had to be summed up in seven words?
Our continuing objectives for the year 2023-24 were.. -
To conlinue lo produce and promote the Arts of Survival combined arts cultural programme,
embracing the Gallery, Archive, publications, drama, and especially Kinetic Theatre Programme
(dance, circus, physical theatre), in conjunction wilh hires to and 'sharings' with commercial and
cultural organisalions. All underpinned by 8 commitment to cultivating cultural diversily and delivering
inclusion and equity.
To prioritise work for young people in the Youth Arts Programme and Cultural Programme. To bring
our ongoing support on HiwHop into Bl8ck-E to train and conduct workshops and deliver a film project.
This is work that we are committed to and have delivered during our Youth Arts Schemes and are now
well on the way to delivering with out B-Excellent Program.
To strengthen the Trustee Board with aclive local members, who reflect the diversity of our intent to
support greater participation of Black and ethnic minority peoples, in the cultural pipeline. Fortnightly
stsff planning and action meetings lo support detailed planning and or9anisalionaS work to produce the
overall cultural programme in line with strategies and objectives determined by the Trustees.

The Black-E
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnuedj
Year ended 5 April 2024
Achievements and performance
Trustee Review of Activitl8s and Future Developments
In February 2024,1 took the interim role as the Chair of Ihe Charity. We are now working again with our
community to re-new our ambition and plans. This year has Centred on helping us Iransilion to our
Trustees for Life and founders Bill & Wendy Harpe, after nearly 60 years becoming Patrons. Bill, as a
dancer, choreographer and Wendy, 8s a maker and facilitator of community involving work that cannot
be replaced. Indeed, the Charity has remained resilient and succeeded where others have long since
gone because of how the Trust board was set up. Bill Harpe for most of his career Combined
dislincl roles, being an unpaid-truste8.' Wlth being a very poorly paid Artistic Director
often
surrenderlng his salary to projects like supporting the training of local emergent artists. As a global
reaching mulli ethnic community based, artist led charity Bill and Wendy were pioneers on
volunteerism. social action and building social movements - and they placed the58 ideas and thelr
methodology at the heart of the charity. It is a heavy burden as the current Chair of Trustees to try and
emulate these values and ideas - but it must be done.
It has also been a year of Ihe CEO working lo retain and grow our regular funding base and we thank
the Arts Council Relationship Team for their wise counsel, constructive feedback and support in this
difficult year. With the help of the trustees, our local Liverpool community and partners pulling logether
lo retain our ACE funding. However, we have a long way lo go in keeping up with cost increases and
replacing other funding that we were unable to relain. 2024 will see the CEO raise funding for
operational costs and building and maintenance costs so that The Black - E can continue to serve the
global minority community, connect with the Arts and ensure the wider communities health and
wellbeing is maintained.
The firsl new work Mary Seacole to Joan Stober was delivered in 2023, allowing us lo use our beautiful
multi-space building and work with community to create sile spècific and immersive work. This first
work in Ihe cycle enabled us, through community workshops In drumming. gospel music, dance &
movement, circus and the visual & lexlile arts to explore the lives of two greal Black women. This new
work also created a means lo share with a wider audience the well-known story of Mary Seacole from
her own words. The Wonderful Adventures of Mary Seacole in Many L8nds'. This formed the basis of
brilliant children and young people centred work designed and led by our Development Manager.
Together with the lesser known. but courageous and inspiring life of Ihe late Joan Stober (nee Morten)
a former Liverpool resident. Joan was one of the first Black British born nurses at the start of the NHS
in July 1948, in the 1980's she was a race equality campaigner and civil rights activists. who during her
tlme in the USA, was 3 friend to Martin Luther King jnr.
The planning of the second series working with our Chinese community and Liverpool University is well
underway.
Over Ihe year we slaged and hosted may events across our 500-capacity main space, studio, seminar
rooms, and particularly in the intimacy of our 150-sealer Chamber Theatre and our Gafé & gallery
space. We are particularly proud to have worked with IRIE! Dance Theatre, Kauma Arts and One
Dance UK in securing an exhibition thal captures a history of Black British Dance. As a promoter of
participatory work, much of the work we undertake is nol visible as part our events programme. It is in
our small and intimate spaces, where we deliver workshops for children, young people and adults that
we see experimentation, collaboration and creative synergy that yelds new ideas, fosters new
partnership and drives creative ambition.
Our most successful Chinese New Year celebration to date. saw over 2,000 people visit our building
and a 5 hour marathon of dance. circus and workshops for all to enjoy.

The Black-E
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continuedj
Year ended 5 April 2024
The Black-E Black Dance Forum is providing an opportunity for world class discussion. with dance
leaders, practitioners and facilitators. Together with dancers and dance makers sharing their practice.
The plan for 2024 is to broden the Black Dance Forum and plan a revival of African routes,
incoporating Black Dance Forum, in honour of its founder Bill Harpe.
Creative leaming for children and young people. within a professional community arts spaGe remains
central to our vision. Over the Summer of 2023, we Collaborated with the Big Condo on a new video,
involving 12 young people, building skills In film. digital and cultural confidence lo tell their story through
music and film. We also supported our year-long Eat Your heArt Out Festival with over 100 children
and young people. Providing a year of holiday arts. circus skills and play led by praclicing artists,
making a space to create new work. With funding from Merseyside Play Action Council {MPACI and
the governmenl Holiday Activity and Food programme (HAF) and private donations, it was possible to
make this free for all CYP and provide a hot meal, snacks, fresh fruit and a food hamper for families
experiencing need. Liverpool is a city with a proud history, people who work hard - but it is also a city
with significant Inequality and economic deprivation. For over fifty y8ars the 81ack-E's ethos has be8n
about feeding the body and soul -arts and food go hand in hand.
Over the year we have further invested in our new Binaural Sounds Studio, working with a youth group
Wilful Misfits. This is located on the fourth floor Cultural Hub, creating better spaces for cultural
partners like Company of Friends. Company of Friends, work continues to celebrate the talent and
perspectives of performing artists wilh lived experience of learning disability. Bringing innovalion and
fresh insights to classic texts including Shakespeare's Tempest, and others. We ar8 proud lo work with
partners who are fostering innovation and enabling artists to deliver quality for all our community.
We have reaffirmed our commllmenl lo continuing a distinctive participatory arts programme -that is
fuelled by a community arts model of delivering risk and quality in equal measure. Of broadening our
audience reach and cultivating a cultural pipeline that speaks wlh and to the experience of those often
excluded from the arts & cultural industries: Black and ethnic minority people, women, Disabled people
and our diverse working-class community here in Liverpool. The truslees of the Black-E are committed
to being the change to ensure that we create spaces and opportunities for new work and voices lo
flourish.
The Trustees acknowledge that work would not be possible wthout all our staff, sessional artists,
sessional workers, volunteers and interns across who all conlinue to work hard. Thank you to all for
putting people at the centre of delivering the great experiences that make the 81ack-E the national
centre for participatory artsl
During the lasl year The 81ack-E has hosted organlsations such as.. the Launch of Afro vision, CBBC-
Filming, Feeding Liverpool, The World Transformed, YPAS, the Northwest region Scouts, NHS 75
Anniversary, The UK Cycling Charity, Mefseyside Fire and Rescue Service, The Black-E Patrons Gala,
Hip Hop events, The Great Christmas Orchestra, Laura May Ltd Visually Impaireé Choir, the National
Youth Choir, Balala Festival, Capoeira for. All, Leap Dance Festival, the Royal Court, Big Condo, What
we did nexl choir, Creative Encounters, Liverpool 5 Rhythms, Fallen Angels, BBC Three, The
Neurodiverse Festival of Arts, Liverpool City Region Growth Plafform, Ihe RaGe Equality Hub, various
student theatres and many more.
The Black-E has become the home of community groups such as Company of Friends, Collective
Encounters, Liverpool Inclusiveness Theatre, Wilful Misfits, Creators Academy, Drag Cage, Jennifer
Johns, Tai Chi, Community and League Table Tennis, QiPao, Company 8, Kung Fu, Boss Breakers,
RAWD, Local Welcome and Flow Project.
With IRIEI dance theatre, our resident dance artists, delivered successful projects who, have not only

The Black-E
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) {continuedJ
Year ended 5 April 2024
performed their research and development phase of GROUNDATION. but have had successful
workshops with our younger and older audiences and a very successful outreach programme that held
workshops for over 700 children and young people. The Black-E have launched Afro-vision (during
Eurovision) The Black-E Peoples Gala, The Black-E Patrons Gala and il's most successful Chinese
New Year celebrations.

The Black-E
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continued)
Year ended 5 April 2024
Financial review
The results for the year and the charitys financial position at the end of the year are shown in the
attached financial statements. The principal funding sources are detailed under note 4 to the accounts,
Income from charitable activities.
The plan for yèars 2025, 2026 and 2027. having already raised over £40,000 for projects this year is to
raise £300,000 {£100,000) per year in operating costs. The Black - E are working with the Heritage
Lottery Fund {HLFI to raise maintenance and energy efficency funding, this will be in the region of £1
£1 ,5 million over 5 years. The Black E ar8 currently working with Liverpool University Archilect School
to achieve these goals.
Risk and Reserves
The major rlsks to which the charity Is exposed as identified by the Trustees have been reviewed and
systems have been established to mitigate these risks, including regular periodic reviews of income
and expenditure and cash flow and the revision of commitments and expenditure in relation to income.
The Trustees also have a Corporate Risk Register, which is kept under ongoing review and jointly
updated with senior staff.
The Trustees take the view that if the Charity was to suffer a major loss of funding, it would need to
keep reserves of £10,000. In addition, if the Charity was to suffer 8 significant loss of funding. it would
use the £100,000 currently held by Barclays Bank for other purposes to wlnd down the charity. The
Trustees have no plans to wind down the charity. With regards to the cultural programme. the major
risks are linked to funding availability. Core funding risks are mitigated by the facl that The Black-E
holds funding agreements with both Arts Council England as a National Portfolio client. In addition, as
a national centre for participatory arts, Ihe Trustees can mitigate risk by..
1. Reliance on growing volunleers, working with paid artists -reducing revenue costs. 2. Using high
value film & TV, sports and commercial hires, that generates income to cross subsidise our cultural
programme.
On the basis of a fundraising strategy approved by the Trustees, The 8lack-E continues to make
applications and submissions for funding of the cultural programme to charitable trusts, local and
national government departments, and other bodies.
The future finances of The Black-E las analysed in the current Business Plan) are dependent on a
balance of income from {a) grants, and (b) rental from hires. Rental from hires of the comp.leted
building will not 'leap' to an optimal level following relaunch but is predicted to grow over a 5-year
period.
1. the Millennium Commission required and has taken a 1st fixed 80-year charge over The Black-E
building and land together with a floating charge over all as5els, and 2. the Arts Council has required
and taken a second fixed 20-year charge over the Black-E building and land, this is avalaible to be
removed from November 2024.
Fixed Assets
In Ihe year ended 5 April 2012, the Truslees agreed that the Report and Accounts as produced be
adopted and approved, and that a capital asset of £200,000, being the Trustees, own valuation of the
current value in use of the Great George Street building, be revalued accordingly.

The Black-E
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continued)
Year ended 5 April 2024
The Trustees again discussed the independent valuation of the building.. 1 Great George Street and
concluded there was no cost benefit, or any material benefit to the charity. This decision was taken
because the cost of a valuation would be in the region of £16k. The building has both fixed and
floating charges on the property register linked lo grants received from the Arts Council of England and
other lottery funders. Further the property has a fixed use, a restriction which means that il can only be
used as cultural facility and change of use would be required. These factors greatly reduce the value
of the building and taking account of this the Trustees unanimously continue to see no benefit in an
independent valuation.
Small company provlslons
This report has been prepared in accordance with the provisions applicable lo companies enlilled to
the small companies exemption.
The trustees, annual report was approved on 21 November 2024 and signed on behalf of the board ol
trustees by..
Mr P Jennings
Trustee
10

The Black-E
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of The Black-E
Year ended 5 April 2024
I report to the trustees on my examination of the financial statements of The Black-E {'Ihe charity,) for
the year ended 5 April 2024.
Responsibilities and basis of report
As the trustees of the company {and also ils direclors for the purposes of company law) you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Companies Act 20061'lhe 2006 Act'l.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
Ihe Charity's accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act'l. In
carrying out my examination I have followed the Directions given by the Charity Commission under
section 145(5)(b) of the 2011 Act.
Independent examlnerfs stalement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body
listed in section 145 of the 2011 Act. I confirm thal l am qualified to underlake the examination
becaus8 1 am a member of the Institute of Charterad Accountants in England and Wales (ICAEWI,
whlch is one of the listed bodles.
I have completed my examination. I confirm Ihat no matters have come to my attention in connection
wilh the examination giving me cause lo believe..
accounting records were not kept in respect of the charity as required by section 386 of the
2006 Act. or
Ihe financial statements do not accord with those records; or
the financial statements do not comply with the accounling requirements of section 396 of
the 2006 Act other than any requirement thal the accounts give a 'true and fairf view which is
not a matter considered as part of an independent examination., or
the flnancial statements have not been prepared in accordance with the methods and
principles of the Statement of Recommended Practice for accounting and reporting by
charities applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
11

The Black-E
Company Limited by Guarantee
Independent Examlner's Report to the Trustees of The Black-E (conlinu•d)
Year ended 5 April 2024
I have no concerns and have come across no other matters in connection with the ex8mination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
ro4v
Rlchard Brown FCA FCCA
Independent Examiner
Hanover Buildings
11-13 Hanover Street
Liverpool
L13DN
12

The Black-E
Company Limited by Guarantee
Statement of Financlal Actlvities
(including income and expenditure account)
Year ended 5 April 2024
2024
Reslricted
funds Total funds
2023
Unrestricted
funds
Total funds
Note
Income and endowments
Donations and1egacies
Charitable activities
Other trading activities
Investment income
5,843
655
53,503
318
235,066
240,909
655
57,126
318
225,473
8,245
105,277
287
3,623
Total Income
60,319
238,689
299,008
339,282
Expenditure
Expenditure on raising funds..
Costs of other trading activities
Total expenditure
41,861
41,861
251,707
251,707
293,570
293,570
327,791
327,791
Net gains on investments
10
{450,000) (450.002)
Nel Income and net movement In funds
18,458
436,982
455,440
11,491
Reconcilialion of funds
Total funds brought forward
Total funds carried forward
126,127
736,904
863,031
851,540
144,585
1,173,886
1,318,471
863,031
The statement of flnancial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 16 to 30 form part of these flnancial staternents.
13

The Black-E
Company Limited by Guarantee
Statement of Financial Position
5 April 2024
2024
2023
Note
Fixed assets
Tangible fixed assets
15
1,213,372
763.253
Current assets
Debtors
Investments
Cash al bank and in hand
16
17
61.860
100,000
43,506
38,731
100,000
62,965
205,366
201,696
Credltor8: amounts falllng du8 Wlthln one year
Net current assets
18
100,267
105,099
101,918
99,778
Total assets18ss current Ilabllitles
1,318,471
1,318,471
863.031
Net assets
863.031
Funds of the charlty
Restricted funds
Unrestricted funds
1,173,886
144,585
736.904
126,127
863,031
Total charlty funds
19 1,318.471
For the year ending 5 April 2024 Ihe charily was entitled to exemption from audit under section 477 of
the Companies Acl 2006 relating to small companies.
Directors. responsibilities:
The members have not required the company to obtain an audil of its financial statement5 for the
year in queslion in accordance with section 476;
The directors acknowledge their responsibilltles for complylng with the requirements of the Act
with respecl to accounting records and the preparation of financlal statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies. regime.
The statement of finan.cial position
continues on the following page.
The notes on pages 16 to 30 fomi part of these financial statements.
14

The Black-E
Company Limited by Guarantee
Statement of Financial Position (¢onllnuedJ
5 April 2024
These financial statements were approved by the board of trustees and authorised for issue on 21
November 2024. and are signed on behalf of the board by:
r*
Mr P Jennings
Trustee
The notes on pages 16 to 30 form part of these financial statements.
15

The Black-E
Company.Limited by Guarantee
Notes to the Financial Statements
Year ended 5 April 2024
General infomiation
The charity Is a publlc benefit entity and a prlvale company Ilmited by guarantee, registered in
England and Wales and a registered charity in England and Wales. The address of the registered
office is 1 Great George Street, Liverpool, L15EW.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accounting policles
Basis of preparation
The financial stalemenls have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of Ihe entity.
Golng concern
There are no material uncertainlies about the charitvs ability to continue.
16

The Black-E
Company Limited by Guarantee
Notes to the Financial Statements (Continued)
Year ended 5 April 2024
Accounting policies (conflnued)
Judgements and key sources of estimation uncertainty
Our objectives are lo obtain reasonable assurance about whether the financial statements as a
whole are free from material misstatement. whether due lo fraud or error, and lo issue an
audilorf.s report that includes our opinion. Reasonable assurance is a high level of assurance, but
is not a guarantee that an audit conducted in accordance with ISAS (UK) will always delecl a
material misstatement when it exists. Misslatements can arise from fraud or error and are
consider8d material if, individually or in the aggregate, th8y could r8asonably be expected lo
influence the economic decisions of users laken on the basis of these financial statements. As
part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain
professlonal scepiiclsm throughoul the audit. We also:
Identify and assess the risks of material misstatement of the financial stalemenls, whether due to
fraud or error, design and perform audit procedures responsive to those risks, and obtain audit
evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not
deleGling a material misstatem8nl resulting from fraud is higher than for one resulting from error,
as fraud may involve colluslon, forgery, Intentional omissions, misrepresentations, or the override
of internal control.
Obtain an understanding of internal control relevant to the independent examination in order to
design procedures that are appropriate in the circumstances, but not for the purpose of
expressing an opinion on the effecliveness of Ihe internal control. Evaluate the appropriateness of
accounting policies used and the reasonableness of accounting eslimates and related
disclosures made by the directors.
Conclude on the appropriateness of the directors, use of the going concern basis of accounting
and, based on the audil evidence obtained, whether a material uncertainty exists related to
events or conditions that may cast significant doubl on the company's ability to continue as a
going ¢on¢ern. If we conclude that a material uncertainty exisls, we are required lo draw attention
in our auditor's report lo the related disclosures in the financial stalements or, if such disclosures
are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained
up lo the date of our auditor's report. However, future events or conditions may cause the
company to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the financial statements, including the
disclosures, and whether the financial slatemenls represent Ihe underlwng transactions and
events in a manner that achieves fair presentation.
We communicate with Ihose charged with govemance regarding, among other matters, the
planned scope and timing of the audit and significant audit findings, including any significant
deficiencies in internal control thal we identify during our independent examination.
17

The Black-E
Company Limited by Guarantee
Notes to the Flnanclal Statements (contlnuedj
Year ended 5 April 2024
Accounting policies (Continued)
Fund accountlng
Unrestricled funds are available for use at the discretion of the trustees lo further any of the
charitys purposes.
Deslgnated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restriclions on their expenditure declared by the donor or
through the terms of an appeal, and fall inlo one of sub-classes.. restricted income funds or
endowment funds.
Incomlng resources
All incoming resources are included in the statement of financial activities when entitlem8nt has
passed to the charily',11 Is probable that Ihe economic beneflts assoclaled wllh the transaction wlll
flow to the charity and the amount can be reliably measured. The following specific policies are
applied to particular categories of income..
income from donations or grants is recognised when there is evidence of enli118ment to the
gift, receipt is probable and its amount can be measured reliably.
legacy income Is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractlcal to measure reliably, in which case the value is derived from th8 Cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the accounts
when received if the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
Income from contfacls for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a conlraclual
requirement for it to be spent on a particular purpose and returned if unspenl, in which case
il may be regarded as restricted.
18

The Black-E
Company Limited by Guarantee
Notes to the Financial Statements {¢ontlnued)
Year ended 5 April 2024
Accounting policies Icontlnu•d)
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure Includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates..
expenditure on raising funds includes the costs of all fundraising activities, events, non-
charitable trading activities, and the sale of donated goods.
expenditure on charltable activities includes all costs incurred by a charity In undertaking
activities that further its charitable aims for the benefit of ils beneficiaries, including those
support costs and costs relaling to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of ils expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportloned
beNveen the activities they contribute to on a reasonable, justifiab18 and consislenl basis.
Tangible assets
Tangible assets are inltlally recorded al cost, and subsequently staled at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts 8re recorded at the fair value al the date of revalu81ion less any subsequent
accumulaled depreciation and subsequent accumulated impaimient losses.
An increase irb the carrying amount of an asset as a result of a revaluation, is recognised in olher
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which il offsets any previous revaluation gain, in which case the loss is shown wilhin
other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset. less its residual
value, over the useful economic life of that asset as follows:
Freehold propety
Fixtures and fittings
Nil - See note 13
250/0 reducing balance
Impairment of flxed assets
A review for indicators of impaimient is carried out al each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the Carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impaiments are also reviewed for
possible reversal at each reporting date.
19

The Black-E
Company Limited by Guarantee
Notes to the Financial Statements {¢ontlnuedJ
Year ended 5 April 2024
Accounting policies (¢onllnuedJ
Impairment of fixed assets f¢onllnu•d)
For the purposes of impairmenl testing. when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amounl of the ¢ash-
generating unit lo which the asset belongs. The cash-generaling unit is the smallest identifiable
group of assets that includes the asset and generates cash inflows that largely independent of the
cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generaling units that are expected to benefit from
the synergies of the combinalion, irrespective of whether other assets or liabilities of th8 charity
are assigned to those units.
Finanelal Snstruments
A financial asset or a financial liability is recognised only when Ihe charity becomes a party to the
contractual provisions of the Instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and current liabilities are subsequenlly measured at the cash or other
consideration expected to be paid or recelved and not dlscounted.
Debt instruments are subsequently measured at amortised cost.
Where investments In shares are publicly traded or their fair valu8 can otherwis8 be measured
reliably, the investment is subsequently measured al fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impalrment.
Other financial inslruments, including derivatives. are initially recognised al fair value. unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measured al the present value of the future
payments discounted at a market rale of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes
recognised in the statement of financial aclivilies, with the exception of hedging instruments in
designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment al the end of each reporting date. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial
activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and olher financial assels that are
individually significant, these are assessed individually for impairment. Other financial assets are.
either assessed individually or grouped on the basis of similar credit risk characteristics.
20

The Black-E
Company Limited by Guarantee
Notes to the Financial Statements (eontlnued)
Year ended 5 April 2024
Accounting policies {¢ontlnu•dJ
Flnancial instruments (conllnuedj
Any reversals of impaimient are recognised immediately, lo the extent that the reversal does not
result in a Car￿n9 amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
Llmlted by guarantee
The Black-E was incorporated as a company limited by guarantee under the Companies Act 1985
on 0110611972. The liability of the members is limited to £1.00.
Donatlons and legacies
Unrestricled
Funds
Restricted Total Funds
Funds
2024
Donations
General Donations
Just Giving
Chinese New Year
620
620
1,600
1,600
Grants
ACE Capital Grant
ACE NW Revenue
Llverpool Clty Voluntary
L C C - Project Grants
Liverpool Culture City
Liverpool HAF
MPAC
UBELE Initiative
VOLA
194,692
194,692
3,623
2,400
6,023
19,500
10,100
19,500
10,100
8,374
235,066
8,374
240,909
5,843
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Donations
General Donations
Just Giving
Chinese New Year
200
102
2,488
200
102
2,488
21

The Black-E
Company Limited by Guarantee
Notes to the Financial Statements {contlnued)
Year ended 5 April 2024
Donatlons and legacies (contlnuedj
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Grants
ACE Capital Grant
ACE NW Revenue
Liverpool City Voluntary
L C C - Project Grants
Liverpool Culture City
Liverpool HAF
MPAC
UBELE Initiative
VOLA
22,500
112.024
7,550
5,860
49,249
7,500
17,500
500
22,500
112,024
7,550
5.860
49,249
7,500
17,500
500
2,790
222,683
225,473
Charitable activities
Unrestricted Total Funds Unrestrlcted Total Funds
'Funds
2024
Funds
2023
8ar Sales
Hospitality - Inhouse
Miscellaneous Income
655
655
8,008
12
225
8,008
12
225
655
655
8,245
8,245
Other tradlng actlvltles
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Venue hire
Huski8son rental
53,003
500
3,623
56,626
500
53,503
3,623
57,126
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Venue hire
Huskisson rental
104,711
566
104,711
566
105,277
105,277
22

The Black-E
Company Limited by Guarantee
Notes to the Financial Statements (contlnu•d)
Year ended 5 April 2024
Investmenl income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank Interest
318
318
287
287
. Costs of other trading activities
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Staff Costs
Governance costs
Premises costs
Office costs
Prol8Ct costs
9,621
21,482
10,089
559
{1,061)
89,206
27,151
135,852
10,180
20,421
99,296
27,151
136,522
669
41,861
251,707
293,570
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Staff Costs
Governance costs
Premises costs
Office costs
Project costs
3,782
8,255
93,024
17,439
11,831
134,331
100,829
104,612
8,255
95,808
17,439
101,677
327.791
2,784
89.847
193,460
10. Net galns on Investments
Restricted Total Funds
Funds
2024
Restricted Total Funds
Funds
2023
Gainsl(losses) on freehold propety
450,000
450,000
11. Net Income
Nel income is stated after chargingl{crediting):
2024
2023
Depreciation ol tsngible fixed assets
485
446
23

The Black-E
Company Llmited by Guarantee
Notes to the Financial Statements (continued)
Year ended 5 April 2024
12. Independent examination fees
2024
2023
Fees payable to the independent examiner for..
Independenl examination of the financial statements
2,200
2,100
13. Staff costs
The total staff cosls and employee benefits for the reporting period are analysed as follovts..
2024
2023
Wages and consultancy
Social security Costs
Other employee benefils
21.746
1.838
397
105,757
355
23.981
106,112
The average head count'of employees during the year was 1 (2023: 7) with staffing being mainly
made up of freelancers and conlraclors during the year. The average number of full-time
equivalent employees during the year is analysed as follows:
2024
No.
2023
Number of staff - Finance
Number of staff - Director
Number of staff - CYP manager
Number of staff - Administration
Number of staff - Cleaning
Number of staff - Maintenance
Number of staff - Communications
No employee received employee benefits of more than £60,000 during the year (2023.. Nil).
24

The Black-E
Company Limited by Guarantee
Notes to the Financial Statements (conlinuedj
Year ended 5 April 2024
14. Trustee remuneratlon and expenses
Included above are fees and expenses of Mr Harpe in respect of services provided to the charity.
The amount included in the year was £Nil (2023.. £10,420).
1 Trustees were reimbursed for their travel expenses in respect of their attendance al Council
meetings. The amounts totalled £2.178 for the year ending 5th April 2024 12023.. 2 Trustees
totalling £4,575).
Bill Harp8 was a non-paid Trustee - but in addition held the paid posltion as Cultural Director or
Artistic Director and this was a paid position. He was therefore not paid to be a Trustee. He was
however paid for his cultural leadership and day to day management of the arts and community
operation. The governing document allowed this, so far as he was not involved in setting his own
remuneration. Bill Harpe and Wendy Harpe were not involved in setting remuneration. Both ACE
and the Charity Commission were aware of this position over the last 50 years.
The Trustees agreed, prior to 2019. Ihal Bill Harpe would begin the process of stepping back and
eventually down. Bill Harpe was paid a 'pension'
which covered his role as Joint Cultural
Director. together with activity to transmit his work, Including Intellectual Property and ideas to the
next generation. This included work on the publicalion, archive and the notation of the great
dance works that had framed the creation of the charity and indeed informed the re-development
of the actual building space of the 81ack-E. In accordance with the Governing Documents, Bill
Harpe was paid -but the potential conflict continued lo be managed, as he neither set, nor
parlicipated in setting payments.
A5 of 31107123 Bill Harpe is no longer a Director or Trustee and was on his retirement removed
as a person with Significant Control. No payments have been made lo Bill Harpe since April
2023. 11 is possible that in future. Trustees may s88k to mak8 an ex-gralia payment relating lo 5
Huskisson Street andlor Bill's new role as a Patron. If this was to be done, it would be discussed
and agreed by vole by the Trustees, taking account of our Conflicts of Interest Policy, Charity
Commission guidance on on making ex-gralia payments (including the reputational risk of nol
making such a payment) and any payment would be derived from earned income and not existing
charitable funds.
25

The Black-E
Company Limited by Guarantee
Notes to the Financial Statements (continuedj
Year ended 5 April 2024
15. Tangible fixed assets
Freehold Fixtures and
property
fittings
Total
Cost
At 6 April 2023
Additions
Revaluations
769.417
10,845
604
780,262
604
450,000
450.000
At 5 April 2024
Depreciation
At 6 April 2023
Charge for the year
Al 5 April 2024
Carrying amount
Al 5 April 2024
At 5 April 2023
1,219.417
11.449
1,230,866
7,500
9,509
485
17,009
485
7,500
9,994
17,494
1,211,917
1,455
1,213,372
763,253
761,917
1,336
The Black-E, the former Great George Street Congregational Church and the land, was donated
to the charity in 1982. The original cost is not known. The trustees ar8 consulting with advisors to
delemiine the most appropriate way to value the building, including the cost of upgrading the
building, and how to disclose this and the related depreciation in the financial statements.
The Millennium Commlssion is available lo be removed from November 2024. It is required and
has taken a first fixed 80 years charge over the 8lack-E building and the land together with a
floating charge over all assets and the Arts Council has required and taken a second fixed 20
years charge over the Black-E building and the land.
5 Huskisson Slreet has been valued by the Trustees as at 0510412024 al £450,000, this is valued
lower than market value based on similar properties sold in the area.
26

The Black-E
Company Limited by Guarantee
Notes to the Financial Statements (conlinued)
Year ended 5 April 2024
15. Tangible fixed assets {¢ontlnued)
Tangible fixed assets held at valuation
In respect of tangible fixed assets held at valuation, the aggregat8 cost, depreciation and
comparable carrytng amount that would have been recognised if the assets had been Carried
under the historical cost model are as follows-
Freehold
property
At 5 April 2024
Aggregate cost
Aggregate depreciation
Carrylng value
207,500
{7,500)
200,000
Al 5 April 2023
Aggregate cost
Aggregate depreciation
Carrying value
207,500
(7,5001
200,000
16. Debtors
2024
2023
Prepayrnenls and accrued income
Other debtors
58,569
3,291
61,860
38,440
291
38,731
17. Investments
2024
2023
Other investments
100,000
100.000
18. Credltors: amounts falllng due wllhln one year
2024
2023
Other loans
Trade creditors
Accruals and deferred income
Social security and other taxes
Other creditors
80,832
5,357
4,680
80,701
9,624
2,453
9,140
101,918
9,398
100,267
27

The Black-E
Company Limited by Guarantee
Notes to the Financial Staternents (conllnuedj
Year ended 5 April 2024
18. Creditors: amounts falling due within one year (¢ontlnued)
The bank overdrafts are s8cur8d against the credit balance of £100,000 held by Barclays Bank as
an investment.
Monies recieved LCC was given as a loan on the understanding that The Black-E as a recipienl
of LCC funding would pay it back as long as The Black-E were funded.
19. Analysis of charitable funds
Unreslrlcted funds
At
6 April 2023
Gains and
At
losses 5 Aprll 2024
Income Expenditure
General Unrestricted
fund
Designated Unreslricled
Fund
(25,423)
60,319
141,861)
(6.965)
151,550
126,127
151.550
60,319
(41,861)
144.585
Al
6 April 2022
Gains and
Al
losses 5 April 2023
Income Expenditure
General Unreslricled
fund
Designated Unrestricted
Fund
(15,691)
116,599
(134,331)
(33,423)
159,550
159.550
143,859
116,599
(134,331)
126,127
Restrlcted funds
At
6 April 2023
Gains and
At
losses 5 April 2024
Income Expenditure
Restricled Fund
736,904
238,689
(251.707)
450,000
1,173.886
At
6 April 2022
Gains and
At
losses 5 April 2023
Income Expenditvre
Restricte¢Y Fund
707,681
222,683
(193,460)
736,904
28

The Black-E
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 5 April 2024
19. Analysis of charitable funds (ContInu￿)
Arts Council Capital Grant is for Building Refurblshment.
Veolia Trust Grant is for the Kitchen refurbishment.
Granada Foundation Grant is for Streaming Equipment and Music Technology Studio.
Fashions Bequest Fund is for Gallery Exhibitions and Online Games.Fashions Bequest Fund is
for Gallery Exhibitions and Online Games.
MPAC grant is for Youth Arts Play Scheme and Healthy Eating project.
Sallls bequest fund is for Youth Music and workshops.
Liverpool HAF is for holiday activities and food programmes lo provide free places al holiday
clubs for children.
Liverpool City Councll Grants are for refurbishment of the property.
Vola Consolrium helps support organisations to provide skills, employment and criminal Justi￿ in
Liverpool.
Feeding Liverpools Is a food alllance for Llverpool resldents,
20. Analysis of net assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assels
Current assets
Creditors less than 1 year
Net assets
56,501
188,351
(100,267)
144,585
1,156,871
17,015
1,213,372
205,366
{100,2671
1,318,471
1,173,886
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than l year
Nel assets
90,050
137,995
(101,918)
126,127
673,203
63,701
763,253
201,696
(101,918)
863,031
736,904
29

The Black-E
Company Limited by Guarantee
Notes to the Flnanclal Statements (conlintsed)
Year ended 5 April 2024
21. Restricted funds
06-Apr-23
Income Expendlture
05-Apr-24
Building Fund
Arts Council England - Building Project
Veolia Trust - Building Project
Granada Foundation
Fashions Bequest Fund
MPAC
Liverpool City Council Funds
ACE NW Revenue
Sally & Kevin's Bequest- Youth Music
Vola Consortium
Transfer of funds
155,204
365,000
31,784
9,400
6,822
155,204
365,000
31,784
9,400
6,822
10,100
89,477
282,416
10,100
25,523
194,692
63,954
87,724
17,016
17.016
8,374
8,374
(706,870) (706,780)
Total
736,904
(468.181)
251.707
17,016
Included in the income from ACE is an amount accrued for. the quarter ending 31st March 2024
tolalling £48,673.
22. Deslgnated funds
06-Apr-23
Income Expenditure
05-Apr-24
Main Space Floor Improvement
Patron's New Commission's Fund
5 Huskisson Repair & Development
Edward Murphy - Celebration & staffing
5 Huskisson Lease Renewal
2,000
10,000
11,000
8,550
120,000
2,000
10,000
11,500
8,550
500
120,000
Total
151,550
500
32,050
120,000
30