Ch8rity R4glstrntion No. 503045 NORTH WEST POLICE BENEVOLENT FUND ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
NORTH WEST POLICE BENEVOLENT FUND Contents Page Legal and admlnistrative inforfftation Chief ExecutNe Offlcerfs statement Trnstees. report 4-11 Independent auditor'5 report 12-14 Statemenl of finanaal activities 15 Balante sheet 16 statement of Cash flows 17 Noies to the financial stotements 18-29
NORTH WEST POLICE BENEVOLENT FUND Trustees, report FOR THE YEAR ENDED 31 DECEMBER 2022 The registernd addr•ss of the Charlty Is: St Nithael s lodge Northcote Road Langho Lanca5hlre B86 8BG Bankers for the Charlty ar•: Audltors for th? Ch•rlty are: Natlonal Westmlnster Bank PIC Chester Branch POBox8 Chester CHI IXA DJH Mitten aarke Audit Llm6tÈd Chester House Cheshire Oaks Buslness Park lesmere Port CH65 9HQ stockbrokers for the Ch•r6ty are: Brewln Dolphln Llmlted Smithfield StreeL London ECJA9BD Slructure, Governance and Mjnagement ol the North W•si Police Benevolent fund The North West Pollce Benevotent Fund is an unincorporated tharlty, registered as a tharity and governed by rules approved by the Charfjty CoMmissers. Thts report has been prepared by the trustees of the Fund to conform to the requlrements of thÈ Charity Cornmissioners. Statement ol Recornmended Practice. 14oweveT. the tmstees have made the decislon to change the stfutture of the charlty to an Incorporated chariiable company. The transfer of assets wlll take place In the next financlal yeèr. Trustees for Ihe Charity In 2022: Chairman.. Christopher RowlÈy Chlef constab Lancashire consbUlary (wef 08 June 202LI V Chalrman R Hanley Lancashire ConsrabuL3ry D O'connor Cheshire Constabulary l Taylor Lèn¢ashire Constabulary C Trow Greater Manchester police E Newton Lancashlre Constabulary J McTear Cumbria Con5tabulèry {wef 08 June 2021) A Bragg Merseyside Polt Howard Cheshlre Constalmjlary M. Jone5 North Wales Constabulary {wef 31 Decembèr 2021) M Unsworth Natlonal Crlme Agency The Board of Trtisiees has delegared manaoerial resrK>nsibility for the day to day runnlng of the tharity to the Chief Executive Officer, Jeremy Graham. The CEO was supported in the year by a team of threÈ senior managers with portfolio respDnsibiliries for Finance, Opetathons and Mealth and Wellbelng. The management structure wès revised during the course of the year resulting from the reslgration of the Chief Finance Offi¢er In Juty 2022. The finonclal stafemenls have bÈen prepared In accordance with the accounting poliaes set out In the notes to the accounts and comply with the charity¥ governing docurnent, the Charltles Act 2011 and "Accounting and Reporting by Charities.. Statement of Recommended Prnctfjce applicable to charltles eparln9 their accouftts in accordan th the Financial Reportin9 Standard applicable in the UK IFRS 1021-. The finanoal managefflent DI the chanty IS governed by a framewotk of policies ond procedures that comply with the Charity Commts510n recomrnended best pr&cLice.
NORTH WEST POLICE BENEVOLENT FUND Trustees. report (continued) FOR THE YEAR ENDED 31 DECEMBER 2022 CEO Ov•rvlew Aftef two years where the Funds. service prwsion was substanlially disrupted by Ihe pandemic, 2022 represented a welcome opportunlty for the Ben Fund to support Its members and indlvlduals from Ihe wlder pollce famlly who had worked 50 hard to protect other5 through this very challenging perlod. The Ben Fund offers a unique health and wellbeing package that allows its members flexible treattnents or servlces based upon indNldual dlnical need whether as an outpatient or through a resldential stay. The Fund has an individual arrangement with each Force in the region (including NW ROCUI lo provlde a programme ol overnight recuperative wellbeing stays for officers and staff who are routinely operating In a htgh stre55 envSronment. Each week throughout the year the Fund has hosted up to twenty such individuals from Jcross the region. A serles of classe5 and treatments are available to encourage them lo relaK and enhance their wellbeing. The feedback from this programme has been extremely positive and has meant that the throughput at Sl Mlthael'5 Lodge is consistenlly busy with high occupanry rate5 of bedrooms. n order to enhance capacity to better meet the Increasing demand of cllents for physlotheftpy treatments the Fund has re-engineered Its timetable to increase the number of patients that can be treated sn a single day, As a result of these than9es the number of patients treated 2022 has increased aiid the walting Ilst mlnimised. The profile and importance of mental health within the PolicÈ Setvice has increased slgnlficantly in recent years, A combination of o 9reater wlllingness to seek help together with the leyacy impact of the pandemic has resulted in a very substantial increase in the number of collea9ues requesting coun5elling SLSPPOrt from the Ben Fund. The Trustee5 monitor waifing limes for treatrnent, and J am grateful for their deosion to increase the number of counsellors available ko the Fund to provide more support and miniwnise waitlng tlmes. Attractln9 new members ènd retaTning exTSting members is criticol lo the Fund operating effectivety. In January 2022, a dedicated Membership Coordinator wès appointed to highlight the benefits ol membership and increase the Funds. profile across the region. This has been a successful initiative wlth the Fulld now havin9 a much wider reach Yrfiihin its constituent Force5 agencies. In summer 2022, the Fund promoted a membership -amnesty" to encourage new members. Th15 proved succe55ful partlcularly amongst the tired cohort. The Fund seeks to operate as an efficient and professionally lun chorily that provides effective outcofftes and spent55 metnbeis donations efficiendy. To support rhis a programme of tnodernlsjtlon and learning is being developed. This has included more sophisticated use of information and tSata to enhance services to member5 and a greater emphasis upon health and safety OF fnembeFS and staff. In Au9USt 2022, the Funds. CFO left to loin another charity and a decision was made to outsource the Funds. financial reportin9 to Morrls and Co. EnsurSn9 that members have access io the best possible infrastructure and equipmenl is a crltlcal priority for the Fund. Ouring the year. a serious structuial lault was discovered io the orangery at st Mlchaels, Lodge that resulted in this pivotal space being put out of setvice for eight months. An expensive repair was necessltaled to rectify this favlt and I an) grateful to the Truslees for Iheir decision to refurbish the interior or this rwm. The refurbished Orangery and Link Rooms now provide extremely high-quallty accommodarion for member5 and visitors to relax in and attract excellent feedback. Investing in the infrastructure of St Mlchaels. Lodge will continue lo be a priority moving forward. As part of improving the professional status of the Ben Fund a decision taken by the Trustees in 2021 to change the legal status of the charity from unincorporated to a company limited by guarantee, This Is a protracted legal process thar takes place In stages and should complete during 2023. In OctobeT 2022, the Fund %¥as pleased to host deleghtes froffl acrtsss the UK to St Michaels, Lodge for the Police Cha¥ities UK annual conference. This was an exTrllent opporlunity to network with colleagues across the police charity eco systeffl an¢J showcase the Ben Fiind offer and facilities.
NORTH WEST POLICE BENEVOLENT FUND Trustees, report (continued) FOR THE YEAR ENDED 31 DECEMBER 2022 In closin9 1 belleve that despire a number of challen9es and headwlnds the Ben Fund Is a tn a 5tron9 posltion to contlrlve dè¥eloplng growlng to rneet the needs of its fflembets. l am grnteful to the Chair of Trustees and the wider trustee board for thelr corbtitwed support and scrutlny. I would partitvlarly h.ke to express my gratittjde to the staff of the Fund for their continued enthuslasm. hhrd VIQTk and Supprl. JM Graham CEO The Ben FThd
NORTH WEST POLICE BENEVOLENT FUND Trustees, report (contlnued) FOR THE YEAR ENDED 31 DECEMBER 2022 The Trustees present their report and finandal statements for the year ended 31 December 2022. The following represents a statistical anatysts of the activity and perfomiance of the Fund across the rèrtge of Ils offer to Its members and Serye user5. The dala presented belov4 is largely reflective of the inputs and outputs of the Fund duri 2022 and does not IncludÈ information in rolaiion to outcomes or Quality of Service provided. This is a shortcoming thal has been Identrfied and will be rectified in subsequent reports. The Fund does collect a range of feedback datè in respect of the different elements of tts offer. Efforts are currently In hand to interpret and present ths in a more user frlendly and Informaiive way. A vibrant and dynam1¢ membership is the lifeblood of the Ben Fund. The Fund provides a unique, flexible and comprehensive offer lor potential merrt)ers. With the current emphasis on the health and wellbelng of staff Illustrated by the police covenant, the Trustees believe thal all serving offieetsl law enforcement ayents in the region who are enlled w membershlp should have the opportunlty lo learn about the offer and join the Ben Fund. Thls Involve5 the opportunity to present the Funds. offer to student Orrir5, officers who are in setvice but not prevlously joinèd 2nd offi'cers who are about to rebre from the service. In previous years, the Fund has had a haphaiard approach to this Important funrtlon, relying upon the goodwill of motlvated Indivlduals within Forccl Agcncy to advocate behalF of the Fund. GiveTr the imporlance of attractiog membets and In recognilion that (k+natlons from mernbers repsent 80% of total income a decision was taken to employ a dedicated Membeiship Coordinjtor to undertake Ihis task. This appolntment began in January 2022 and has proved to be very effecuve. The Fund now has much greater consistefv of access to potential members. The post holder hès been very successful at bullding relationships with stakeholders within Force51 AgerleS and is regularty attendlng events across the region to attract rnember5 and ralse the proh.le of the Funds, offer. DuriThJ 2Q22, 1,249 neY4 student officer5 were signed up to become member5 of the Fur In Mayl lunel July 2022 the Trustees deaded to offer on -amnesty- which was an oprM)rtunity for indivlduals to join Ihe Fund wlthout havin9 to wait to apply for twtment. This proved tts be è successful inltlative attracting 404 new rnembers.The total number of donating members on 31 Docember 2022 was 16,33412021 equiwdlent was 16.077. Breakdown of current members by Force and status (s¢Tving or retlred) FORCE 2021 Servbng Members 1422 4177 2545 2252 790 45 346 11577 2022 Ser¥ing Members 1353 4046 2570 2270 2021 Retired Members 727 1208 1785 716 162 2022 Retlred Member$ 756 1288 1837 832 181 heshlre MP Merseyslde Lancashire Cumbri North Wales NCA TOTAL MEMBERS 730 123 332 11424 li 4609 14 4910
NORTH WEST POLICE BENEVOLENT FUND Trustees, report (continued) FOR THE YEAR ENDED 31 DECEMBER 2022 Graph Illustrating membership trends 2011-2023 Membersliip Trends 2019 to 2022 LAVO) L20Q) ICL1] .ICQg 2019 !o?o 2022 Physlotherapy was the first clinical service Ihal the Fund invested in ag it expanded Its service upon the occupying of St Michaels. Lodge. ond it remains at the cpre of the Bon Fvnd offer. The Fund provides a flexible and bespoke service to its members. Trealmertt is offered at Cheshire Police HQ, Cumbria Police HQ, Progress HOU5e In Manchester and Green Lane in Liverpool and Sl Michaels. Lthlge in Lanca5hire. Members have the benefit of travelllng to thelr nearest and most CO1¥ellIe1t location to access treatment. Additionally. treatment is based arouFbd the clinlcal need of the patient. Depending vpon symptoms, members may access tatMent as an outpatient or inpatient and the number of session5 is predicated upon the clinical needs of eath indiwdual. In addition to providing physiotherapy, the clinicians also support a range OF other health and wellbeln9 programmes by leading a variety of classes and activities. Physiotherapy pJtients attendlng St Michael's Lodge. Listed by Force, Servlng and retired 2021 2022 In-patient Servin9 In-patient Retired Out- patient Total In-palient Serving In-patient Retired Out- patient otal he5hire 17 49 75 23 23 53 Cumbrla 16 31 io 17 GMP 54 70 23 15 105 143 Lanc3shire 240 243 324 334 Merseysid¢ 15 17 76 108 23 47 78 N. Wale5 NCA Mids 22 28 50 otals 69 39 434 542 90 54 S41 685
NORTH WEST POLICE BENEVOLENT FUND Trustees, report (continued) FOR THE YEAR ENDED 31 DECEMBER 2022 Total patl•nts attendin9 St 14lchael'$ Lodge tor treatment In 21J22- 685 (2021 - 542) An SLA has been In place since 2015. whereby Cheshire Consiabutèry pay an addltlonal suwn to the Fund to faciliiate the treatment of non-Ben Fund members by the physKkthet7PiSt at sited at Cheshire Pollce HQ. Total patients att•ndiTh9 Satelllte locations for treatment in 20Z2- 434 (2021~ 267) 2021 2022 Foice Members Ntsrt-members Members NoD-members Cheshlre 44 34 104 57 Cumbria 41 84 GMP 48 105 Merseyslde 71 29 80 Table showlng data OTh physio led group dasses tlvltv 2021 2022 Ichi 357 qua Fit 70 104 Pilates 457 312 trttth 259 104 Tai Chl 81 104 The profile of menlal health i5sue5 affecting seNkng and relired OrrerS has greauy Increased in recent years. Research comtllisoned by the College of PolKing demonstrates that offiters are routinely operating in hlgh stres5 envifonfflents often bein9 exposed to Iraufflaiic incldent5, Ihe curnulative effect f which can lead to tnental distress or breakdown. FurtherrrTrore, the le9acy Impart of Lhe pandemic has had a significantly adverse impact of mental health and perceptions of wellbein9. Thi5 has resulted in a substantial increase in the numbers of individuals seekÈn9 SUPPOrt. The increase in demand on the Fund lor coinsellw contlnved to grow dvrsn9 the course of the year. The Fund has trled io belter rnatch supply ènd demand by, in adijitlon to our own therapists, uti11siw a bank of independeni counsellors so that svpply can be sur9eO at times of peak demanij. As demand has continued to grow. the Tnjstees. aware of growing walting tirnes for trÈatmÈnt, took the decision 10 expand thè rnvmber of employed counsollors to mikngate demand and enhance service.
NORTH WEST POLICE BENEVOLENT FUND Trustees. report (continued) FOR THE YEAR ENDED 31 DECEMBER 2022 The f1gures below correspond to new clntS that were first regstered for coun5elling between 111122 and 31112122. 2021 2022 Force New Referrals 111121- 3111212L Ongolng client5 Closed off clients 2021 losed o number Of sessions 2021 Ne Reterra15 l/l122- 31112122 Ongolng clients 2022 Closed off client5 2022 Closed off number 2021 sesslons 2022 Cheshlre 41 18 io 117 Cumbr5 20 GMP 48 43 375 87 61 26 645 Lancashire 50 46 343 16 14 124 Merseyside 30 26 179 36 28 270 NCA North Wales Retlred 12 io 82 16 99 The hollstic therapists complernent and support the offer provided r)y mental hèalth practilloners and physiotherapi5t5 by providing a range of malnslreaffl alternatlve therapies to promote health and wellbeing. Holhstic therapies play a pivotal role In supports.ng the Force Wellbelng and Lndividual Wellbeing progrorrmes. Durfng 2022, a total of 2.951 holistic Iherapie5 were delivered. sn 2020, a strategic deasv)n was taken to develop the Ben Fund5, offer towards a greater emphasis Upon preventlon rather than simply treatment. A two-day programme was developed ihat facllitaleil groups of individuals to attend St Mlchael s Lodge for a period of recuperatiowj and decompression. The Fund layered in a series of relaxatlon classes and technlques to promote relaxation and wellbeing. All Foices In the gkn)n and the NW ROCU made donation5 to secure places for thelr staff on this programme. The progress of this programme ¥Yas $eveIY diswpted by the irnpact of the pandomlc and what was Intended to be a one-year wogramme has had to be extended over three years. 2022 was a year where the backlog from previous years was expedited, In 2021. 189 se5510ng weie provlded. Dur¢no 2022 this increased lo 507 The feedback from this programme has been overwhelmlngly posltlve and the Fund will seek to continue a freshed programme Into the future.
NORTH WEST POLICE BENEVOLENT FUND Trustees. report (continued) FOR THE YEAR ENDED 31 DECEMBER 2022 Membe¥s who are sufferlng physical and or p5ycholo9ical distress ant1 would benefit rrom a Spite break may apply to the Fund for & break free of charge. In previous years, the Ben Fund delivered this offer via ils own colleciion of thirteen holiday lod9es situated in the Lake District. In 2021, due t¢ the t1eEerioralin9 condirion of some lodges and the spiralling costs of wnainlenance Ilie Trustees dÈtlded to dispose of the lodges and deliver convalescence breaks through established holiday operators. Thls offered a greater choice of locations for members and better accommodatLOn. 2022 was the first full year that the ney¥ approach to eonvalescence was implemented. The tablé below shows data relating to the nvmbers of applications and respite bak$ taken. Thi5 new approach has proved to be a success Wlth a singular focus upon supporting indlvlduals who are ill, Feedback has been positive, and the programme Is slgnificanily more cost crrective. The followlng dato applies to the calendar yèar 2022: APPLICATIONS 166 members èpplled for convalescence break 160 applications approved 6 applicatson5 not approved l application successtully appealed CONVALESCENCE BREAKS 167 breaks taken 95 breaks via Parkdean Ltd {Whlte Cross Bay. Fallbarrow and Yoikshire} 52 breaks taken al South Lfjkes Lelsure Village 20 breaks taken at St Michael's Lodge Lengths of stay vary frofft Mon-Fri and weekend breaks and are delermlned on individual requirements ol each applicant. some data above relates to appllcants who were aarded a break ITh 2021 but took it in 2022. Death Benefit The Fund continues to Diake an award of £5.000 as a Death Benefit Grant to the named beneficiaries of serviny donating member5 who die in servicE. Sadly, during 2022 there were 3 recorded deaths 16 in 20211 and consequeniial payments. Grants and loans The Fund ofleis financial assistance to members in financial distress in the lorm of an Interest free loan or a grant Usually capped ar £5,000. All applications are means tested. In the Autumi) of 2022, the Trustees decided t(> cease tlie award of loans ftsrthTNith and focus solely on the oward Df grants.
NORTH WEST POLICE BENEVOLENT FUND Trustees. report (contlnued) FOR THE YEAR ENDED 31 DECEMBER 2022 Force Total no. of enquiries Applicatlon$ Sign-posted io alternative help Loans awarded Grants award$ Cheshire Cumbr14 GMP 13 Lancashlre Mersey5ide io North Wales t4CA In OTder to attracl Income for the charity n)efflbers con utilise the fadlities at St Michael s Lodge for a weekend stay. In 2022 357 weekend breaks were taken which compares wilh a total of 98 In 2021. 8ed & Breakfast al St Micliael's LodtFe by perceiiiage of possible bookines January lo December 2022 10.0 20.0
NORTH WEST POLICE BENEVOLENT FUND Trustees. report (contlnued) FOR THE YEAR ENDED 31 DECEMBER 2022 The investment portfolio held by the Fund is managed by RBC Brewin Dolphin. The portfolio Is held at risk level 5 with Investrnent objectives that favcur a diversified investment approach with è good level of liquidity. The aim is tor a compeiitive level of income generation across the invested assets. The charity has a long-term investment time horizon which anticipates staying invested through successive frtarket and economic cycles. The Trustee finance sub-oroup acl on behalf of the wlder Board to consider risk appetite and oversee investment performance. Performance of Investment PortfollD 2021 2022 Opening Valuatlon 111122 679,542 827,737 Inv•$tment purchaseslTransfers In 983.493 373,964 Cash Transfers In 90,416 Investment sales/Transfers out 1988,0001 Unrt•llsed revaluation5 68,094 191.0801 Realised gainsl(losses) (5.8081 Closlng Valuatlon 31112122 827,737 1,110,621 Cash in investment holding account 435,009 75,263 Reserves policy and Review On 31 December 2022, the charity held fund balances of £6,385,926. Of thls amount E4.044,092 Is the value of the property ar fixed assets. The balan on Ihe fixed asset investment portfolio was ÉI,ILO,621. Oeslonated funds as disclosed within Ihe noies io the accounts were £744,419. The balance of free reserve5 is therefore £486,794. The trustees review the reserves policy annually and are working towards an oxtended desi9nated funds poliry. io
NORTH WEST POLICE BENEVOLENT FUND Trustees. report (contlnued) FOR THE YEAR ENDED 31 DECEMBER 2022 statÉment of trustees, ro$ponslbililTres The trustees are responslble for prepariTVJ the TEUStees' Report ènd the financial stètÈmènls In actordance with applicable law and Unlted Kingdom ActouThting Standards (United Klngdom Generally Accepted Accounting Practbce}. The law applicable lo eharities in England and Wales requirès the trnstees to prepare finantial siateinents for each financial year which gNe a true and fair view of the state OF affalrs of the charity an¢J of the Incomlng resources and appl10 of rewjrces of the charlty for that year. In preparTng these finanaal statements. the truslee5 are required to: select sullable accounting pollcles and then apply thetn conststenuy - obsenre the methods and prlaclples lft the Challties SORP: - make jvdgeTrents and estimates that are reasonable and pwdent- - State whether applicable a(clbIlg standar(Js have been follow. subjetl to any material departures disclosed and ewained in the nnanaal statements" and prepare the finallcial statements on the golng conttm basis unles5 it is Inapproprtate to presume that the charity wlll contlnue In operation. The truslees are restw¢sible for keeplng sufficient acc(rtJnting records that disclDse wlth reasonable ccuracy at any time the financial position or the charlty and enable them lo eth5vre that the fkranctal statements comply wlth the Charities Act 2011, the Charity (Accounts ar Reports) Regulation5 2008 and Ihe provision5 of the tWSt deed. They are also responsible lor safeguarding the assets of the charity and hen for taklng reasonable steps for the prevenknon and deteciion of fraud and other Irregularitles. PLJBLIC BENEFJT In preparing the anfiual report the tru5lees had due re9ard to the ChaTity Commi5510n's gUIdan on publlc benefit. The trustee5' re rt was arfproved by the 8oard ofTrustees. Mr C Rowley - Chair Df Tru5lees Dateij., 13 Jufje 2023
NORTH WEST POLICE BENEVOLENT FUND Independent auditor's report TO TH E TRUSTEES OF NORTH WEST POLICE BENEVOLENT FUND Oplhlon We have audlted the flnancial statements of North West Fbloce Benevolent Fund lthe'tharlty? for the year endEd 31 Decèmber 2022 whth comprise the statement of financial activitles, the balance sheet, the statement of cash flows and notes to the financlal statements, induding slgnificant accountlng pollcles. The finantial reptsrtlng framework that has been èpplied In thefjr preparation Is applicable law anc5 Unlted Kingdom Accounting Standards, Sncbjding Financial Reportin9 Standard 102 T1 Financi?1 Reporting srèndard applicable in the UK and Republk of Ireknd (Unlted Klngdom Genera51y Accepkd Atcountin9 Practicè). In cur opinion, the ftnanaal statemenls- glwe a true and falr vlew of the state of the charws affairs as at 31 Dernber 2022 aThJ of Its Incoming re50urce5 and applicatKtyll of resourtes. for the year then ended- have been properly prepared in accordance with Unlted Kd0M Generally Aepted Accountlng Practice. and have been prepared In accordan with the requirements of Char6tles Art 2011. Ba515 foi opintOII We conducted our audlt In accordance wSth Intematlonal Standards on Auditing (UK) IISAS {UK}l and applicable law. Our resporbsibilities utlder those standards are further described In the Auditor's responslbllitles for the audit of the ffrnancial statements sectlon gf our report. We are Independent of the harily in a£cordanee with the ethlcal requirements that are relevant to our audit of the financial statements in the UK, includlng the FRC'S Ethical Standard. and we have lulfilled our other ethical responsibilities In aC¢Ordan wlth these qUIreMents. We believe that the audit eVIden we have obtained 15 suffiaent and appropriate to provmle a ba515 for i)ur opinu)n. C<*nclusions relallng to 9olng rontern In 3uditin9 the flnandal statements, we have conduded that the trustees, use of the golng roncem bas15 of accounting In the preparation of the financ1& ststements Is approprlate. Based on the work we ha¥È perfomed, we have nol IdentlfLed any material uncertalntie5 relating to events or ¢ondlt(ons that. individually or eollectively, may cast sgnificant doubt on Ihe charity s ability to continue as a goin9 concern for a perlod of al least twelve month5 from when the finanoal stèlements are authoTised for issue. Our respejnsibilities arKI the responsibilitles of the trustees with respect to going concern ère descrlbed in the rdevant sectlons of thts report. other informatlon The other Information comprlses the informatlon lnduded in the annual report other than the financlal 5tatemenls and our auditoes report thereon. The trustees are responsible for ihe other information eontalned wllhin th2 annual report. orAnion on the financial statetnents does not cover the other information and we do not express any fom of assurance conclusion therÈon. Our responslbillty Is to read the other Informatlon and, in dolng so, COnder whether the other information Is mateiially Inconsistent with the financtal statetnents or our knowledge obtained in the course of the audit. or oihefwise appears to be materlally mlsstated. If we Identlfy syth matertol inconsistencies or apparent material misstratements, we are reqylred to determine whether thi5 gives rise tts a material misstatement in the financlal statements themselves. If, based on the work w¢ have perfortned, we conclude that the Is a material mlsstatement of ihis other information, we are required to report that fact. We have nothing to report in this 90rd. 12-
NORTH WEST POLICE BENEVOLENT FUND Independent auditor's report (continued) TO THE TRUSTEES OF NORTH WEsf POLICE BENEVOLENT FUND Matters on whleh we )re required to report by exceptlon We have nothing to report In respect of the folk)wkng maiters in relation to which the Charitles (AccouTht5 and Reports) Regulations 2008 require us to report to you if, in cwr orAnlon= the Information given in the financial staternents 15 irKonsthnt In any matla1 respect with the trustees, report; or suffKlent accountlng re£ords have not been kept. or the linancTral statements are noE In agreement wrth the accovntlng record5. or we have not received all the InformaEi¢yh and explanatlons we require for our audit. Responsibiliti* ot truste•• As Èxplalned rnore fully in the statement of trustees. respon5ib1ities, the trustees are respon51ble for the preparatlon of the financial statements and for belng Satfied that they grve a true and falr view, and for such Internal control as the trustees detem)ine b necessary to eroble the preparatlon of riTran31 statements that ale free from materihl MilatemeTrt, whether due to fraud or error. In prepaiing the financial statemenls, the tnJstees a responsible for as5esslng the ch)rity s ability to continue as a goin9 Concern. dlscloslng. a5 applicable. fftatter5 related Io g(xmg concern and usirvJ the going concern bas[5 of accounting unless the trustees elther intend io cease operations. or have no reallstic altematNe bul to do so. Awdltor's responsibilities for the aydlt of the finaneièl thtements We have beeD appointed a_s audrtor under section 144 of the thèrities Art 2011 and report in aCttrdance with the Act and relevant regulations rnade or having effecl thereunder. Our objectlves are to obtaiTr reasonable assuTrrKe about v•hether the finanoal statements as a whole are free from material misstatement, whether due to fraud or error. to bssue an auditor's report that Includes our opinion. Reasonable assurance is a high ¥t1 of asswaft but is not a guarantee that an èudlt conducted In accordantt with ISA5 (UK) wrll always detect a materlal mlsstatement when it Éxlsts. Nisstatements can arisÈ from fraud or error and aFe consldered material if, Indlvldually or In the aogregate, they could reasonably be Èxpected to lThfiuence the economlc der151orbS of users taken w the basis tpf these financlal statemetbts. Irregularitl¢s, including fraud. are instances of nOOmPlIancC with laws and reoulatlODs. We deslgn procedures In Ilne wrth our responsi)Illties. olIned al)ove. to detett materiol misstalements In respect OF Irregularities. including fraud. The risk of nol detecting a material m155taternetht due to fraud Is hlgher than the risk of not detÈcting one resuliing from error as fraud may involve dellberate nCealment , by for example, forgery or intentional misrepresentations or through collusion. The extenl to which our procedures arè capable of detecknng irregtslarilies indudlng fraLwJ is detalled below. 0r approach was as follows: We understood how the charity Is complying with relevant frameworks by making enquirles ol monagement and those responsible for legal and compliance pro¥eLlures. We assessed the susceptibility of the Charrty's financial statements to material mi%statement includin9 how fraud tnlght occur by discusslng with the management and the board of trustees. We enquired of management as to any known instances of non-compllance or svspected non-compliance wlth laws and regulations. Based on this understand6 we degned spedfic èudlt procedures to Identify instances of non-compliance with lavrfs and regulatlons. This included maknng enqu¢ries of management and obtaining additional orroboraiive evidence as required. A further description of our responsibiliiies 15 awdilable on the Fhnancial RepLtift9 Councll s website at.. hltps'.l/www.frc.org.uklauditors responsibilities. Thbs description forms part of our audilor's report. 13-
NORTH WEST POUCE BENEVOLENT FUND Independent audltor's report (continued) TO THE TRUSTEES OF NORTH WE¥f POLICE BENEVOLENT FUND other malters Your attention is drnyin to the fact that the tharity has prepared financTral ststements accordance with "Accounting and Reporting by Charltles.. Statement of Recomrnended Practi applicable to charltles preparing the5r accounts in accordance with the Financial Reporting Standard applicable In the UK and Republic of Irel4nd (FRS 102}" (as amended) in preference to the Accountlng and Reportln9 by Charities- staternent of Recornmended Practice Issued on l April 2005 which Is relerred to in the extank regulatlons bul has now been wlthdrawn. This has been done in order for the finanaal statemenis to provide a true and falr vSew In accordanee with curtsni Generally Accepted Accounb"ng Practke. Use ot our report This e)rt Is made solèly to the charity's twstees, as a body, in accordance wllh part 4 of the Charlties {Accounts and Reports} Regulations 2008. Our audit work has been undertaken so that we mlght state to thÈ charity's Irustee5 Ihtsse maiters we are Quired to state to them In an aud1tor's repert and for no other purpose. To the fumest extent perniitled by law, we do not ar£ept or as5umE responslblllty to anyone other than the charity and ihe tharity s trustees a5 a bodyj foi our audlt work. for this report, or for the opinions Y4e have formed. Desiri¢ Lea FCA FCCA (Senlor Statutory Audltor) for 74Dd on behalf ol DJH Mltten Cljrke Audlt Llmlt•d Chartered Acujuntants statutory Au¢Jltor Chester House LLoyd Drlve Ell¢$mer¢ Port Cho$hlr¢ Unlted Klngdom CH65 9HQ 6 Sèptèmbèr 2023 D)H Mitten Clarke Audit Limited is eliglble for appointrnent as audrtor of the charlty by virtue of its eli9ibility lor appolniment as auditor of a c(Knpany under of settion 1212 or the Companie5 Act 2006. 14
NORTH WEST POLICE BENEVOLENT FUND statement of financial activlties Includln9 income and expenditure account FOR THE YEAR ENDED 31 DECEMBER 2022 Unrnstrittéd Vnt•strlct•d funds funds g&ntial desl9n•f 2012 2022 Total Unrestritted Unrestricted fvnds funds general deslgnated 2021 2021 Total 2021 Notes DoTratioThs and legacies Charitable acuvltles St Michaels Lodge Inve5trnents Other Income 116,069 I,Xl.755 72.937 23.381 7.775 AL6.069 1,3SY).755 72.937 23.361 7.775 327,739 1.527,340 27,140 19.027 3.443 327.739 1.527.340 27.140 19,027 3,443 Total Income 1,610,917 1.610.917 I.904,689 1.904.689 Charitable activities I.8{.451 1.81)0.451 1.821.4L4 1,821.414 other 15 666,928 666,928 Total resources gxpended l.W.451 I.?).451 2,488.342 2,488.342 Net galnsl(losses} on investments 191,060} {91,0801 62.287 62.287 Net outyolng resources before transfers 1280.614) 1280,6141 1521,366) 1521,3661 Gross transfers between lunds 90.000 I.0cl3} 280,071 280,071) Net movement In funds (14J.614) {90.(KJ)) 1280.6141 1241,2951 1280.0711 152l,366} Fund balance5 at I January 2022 5.832.121 834.419 6.666.540 6.073.416 J,lJ4,490 7,187,906 balances al 31 December 2022 5,641,507 744.419 6.385.926 5,832.121 834,419 6.666,540 The staiemenl of financial actlvitles indudes all galns an+J losses recognlsed in the year. All Income and expendlture derive from continuing activities. 15
NORTH WEST POLICE BENEVOLENT FUND Balance sheet AS AT 31 DECEMBER 2022 2022 2021 Notes Fixed assets Tangible assets Investments 16 4.044.092 1,110,621 4.168,527 827,737 17 5,154.713 4.9Y6.264 Current as$ets Debtors Cash al bank and in hand 18 247.818 I.2,045 342.08 1,561,150 1.447.863 1.903.23B Credltors: amounts falllng du• wlthln one year 20 1216.6501 1232.9621 Net current asset5 1,231.213 A,670,276 Total assets le55 current liabilitles 6,385.926 6.666.540 Income funds Unreslricted funds - designated Unrestrlcted funds general 744.419 5,641,507 834,419 5.832.121 6.385,926 6.666.540 The fin ial Statements were approved by the Tw5tees on 13 Junè 2023 Mr C Aowley - Chalr ol Trustees 0 9 Adli 2023 16
NORTH WEST POLICE BENEVOLENT FUND statement of cash flows FOR THE YEAR ENDED 31 DECEMBER 2022 2022 2021 Cash flows from oper¥llng Jctlvltles Cash labyjrbed byllgenerated from operattons 25 (9.971) 316,374 Investin9 actlvltles Purchase of tangible fjxed asset5 Proceeds on disposal of tangible fixed assets Purchase of Investments Proceeds on dispo1 of Investmet)ts Interest recelved (550) 1213.086} o,(o) {1,073,8) 988.000 19.027 (373,Wl 23.380 Net cash (used In)/generated from Investing actfvitleg 13SI,1341 400.033 Net cash used in llnandng actlvltles Net (decrea$o)/ln¢r•as¢ In cash and cash equlvalents (361.1051 716,407 Cash and cash equivalents at be9inning ot year 1,561.150 844.743 Cash cash equlvalent$ at •nd tyl yèat 1.2fy).045 1,561,150 17-
NORTH WEST POLICE BENEVOLENT FUND Notes to the financial statements FOR THE YEAR ENDED 31 DECEMBER 2022 Accountln9 polides Charlty infoymatlon The charity Is governed by the terms set out in the Governing dottswnent adopted In 2011 which formalised and regulated the artivities of the Fund and its Tnjstees and Is reviewed annually. 1.1 A¢counting conventlo The fbnanclal 5talements have been prepared in accordan with thè d)artty's rule book. the Chailkne5 Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparitjg the-:r acunt5 in aecordance wlth the Flnanrial ReporLing Standard ppllcable in thè UK and Republlc of Ireland (FRS 102)- las amenderj for accounling periods cownmencin9 from l january 20161. The charity is a Public Benefit Entity as defined by FRS 102. The finanaal ststements are prepared stwting, which is the functional ojtrency of the charfty. Monetary amounts in these financkil statements are rounded to the nearesl £. The financlal statements have been prepared under the htslorical cost convention, modified to include Ihvestmentments at fair vahje. The principal account5ng polioes adopled are Set out below. 1.2 6oln9 concewn At the time of atvrovin9 the rulala1 statements. the truslees have a reasonabk expectation that the charity has adequate resourtes to contlnue in operaiional eKistence for the foreseeable future. Thus the bustees contlnue to adopt the going contrrn basis of accounting in preparing the financlal staiements. 1.3 Charitable lunds Unrestricted funds are available for use at the ¢J15cretlon of the tree$ Sn fUrthe[an of thèir charitable obiertives. Re5triited furkls are subjert to specific conditions by donors as to how they may be used. The purposès and use5 of the restdcted fund5 we set out in Ihe notes to the financlal statements. 1.4 Income Income is recogniseij when the charlty Is le9ally entitled to it after any perfom)ance condillons have been met. the amounts can be measured rdiably. and it is probable that income will be received. Cash donations are reco9nised on yeipt. Other donations are reco9ni$eLI once the charity has been notified of the donation, unless perforMaTh conditions requlre deferral of the amount. Income tax recoverable in relètion to donations receNed under Gift Aid or deed5 of covenant is recognised at the time of the donation. Legaries are recognised on receipt or OtheSe if the chaity bas been nolified of an impendlng distrlbutlon, the amount Is known. and receipl Is expected. If the amount Is tt known. the legacy 15 treated as a contingent asset. l.$ Expendlture Expenditure is accounted for OTr the accrnals basis arKI is allocated under headlng5 that aggregate all costs relaied lo the category. Where costs cannot be direcily attributed to particular healllngs they have been allocated to activities OTh a basis consistent with the use of resources, Costs of generating funds relate to the prorn0tnè1 work undertaken in the year tts enhance the charity's standing. 18-
NORTH WEST POLICE BENEVOLENT FUND Notes to the finanaal statements (continued) FOR THE YEAR ENDED 31 DECEMBER 2022 Accountin9 polkles (Comtlnued) Costs of charitable actIvIt include expenditure at the three main sites of the charity Induding Convalescen and grant provlslon lor officers in need. Governance costs comprise all costs Irwolvlng the public aLtOLFntstslity of the tharity and Its compllance, reoulètion arKI good prnctice. Support costs have been allocated on the assurnption that they arise in proportksn to dlrett expendlture of the Charitab activily. 1.6 Tanglble flxed assets Tangible fixed assets are inkrally measured at cost and subsequently measured at tost or valuation, net of depreclatlon and any impairment losses. Depreciation Is retognlsed so as to wriie off the cost OT valuakion of assets less thelr resldual values over thelr useful lives on the followlng bases.. Freehold land and trrtjildlngs Fixtures and filtlngs 1% reducing balance 20% straioht Ine and 8% straight line The galn or Ioss tirisiThJ on the di5pos31 of an asset is determined as the difference between the sale proceeds and the carrylng vakne of the asset, and is recognised in the Statement ol financial ctiwties. 1.7 Fixed asset investments Fixed asset Investments are initièlty measured at iransartlon pritt excludln9 trdnsaction costs, and are subseouently meosured at tslr valve at eadi reporting dale. Changes fair value a recognised In net InCome/lexpenditul for the year. Transactlon costs are expensed as InCurd. 1.8 Impalrment of flxed assets At eèch reporting end date, tle charity reviews the carrylng amounts of its tanglble assets to deterffline whether there Is any Indlcatlon that those a55ets hève suffered an impalrment loss. Ir arby such indicatb)n exisrs. the recovernble aww)unt of thÈ asset is estimated in order to determlne the extent of the Impalmient loss (If any}. 1.9 Cash and cash equivalents Cash and cash equlvalents indude fdsh In hand, deptssits hekl at ca51 with banks, other short-tertn Ilquid investments with original maturities of three monkh5 or les5. and bank èverdrafts. Bank overdrafts are shown within borrowsngs in rrentl>ablIlt1e$. 1.10 Flnanclal In$trvment$ The ChatY has elerted to appty the provisions of Sectlon 11 'Basic Financial Instruments. and Sectlon 12'Other Financial lThstruments Issues. of FRS 102 to all of its financlal instruments. FSnancSal Instruments are recognised in the th3rity'S balance sheet when ihe tharily becomes party to Ihe contraclual provision5 Df the iD5trument. Finoncial assets ano liablities are oflset. wlth the net amounts presented in the financial ststements. when Lhere 5$ a legally enforceable flght to set oft the recogwbi5ed amounts and there Is an intention lo settle on è net basis or to realise the assel and 5eltEe the liability slmultaneously. 19-
NORTH WEST POLICE BENEVOLENT FUND Notes to the financlal statements (contlnued) FOR THE YEAR ENDED 31 DECEMBER 2022 Accountln9 pollcies (CoThtlmued) Baslc Ilnanclal ass•ts Baslc flnancial assers, which iwKlude debtors and cash and bank balan5, are initially measured at transaction price Includln9 tran5aCtH)n costs aml are subsequently cairled al Jmortised cost using the effectlve Interest metho¢J unless the èrran9ement cortstitutes a financing transaction, where the transaction Is measured al the present value OF the future recebpts discounted at a market rale of Interest. Financial assets dasslfied as receivable withln one year are rK¥t amortlsed. Baslc Ilngnclal IlabllitAes Basic ff4nancial liabilitles, includin9 ueditors and bank loans are initlally rOgnISed at transacllon price unbess the arrangement tonstilutes a financing transartion, where the debt Instwrnent Is measured al the Psent value of the future payments discounted at a market rate of interest. Finantlal Ilabllities classifled as payoble wlthin one year are not amorti5ed. Debt instruments are subsequewty tarrd at amortlsed cost. Using Ihe effective interest rate method. Trade credltors are ob1lgatnS to pay for ooods or services that have been acquired Sn the ordlnJry course OF operatlons from Suppliers. Amounts payable are classified as curreni liabilities If payment Is due wilhln one year or less. If nol they are preseTried as noTrcurrent liabilitie5. Trade creditors are recognlsed initialty at transaction price and subsequenily measured at amortised cost U5in9 the effettive interest m¢ihod. Derecognltioft olllnanclalliabilitles Financial liabilities are derecognised when the charlty's contractual obligations expire or are dixharged or cancelled. Critical atc•unting estlmates *bxI fvd9emonts In the application of the chailty's accounting polioes, the trustees are requtred to make judgements, e5titndtes and assumptSons about ihe carrying ameutbt of assets and liabiif(ies that are Trot readily apparent from other sources. The estirnate5 and assoclated assumplions are based on hlstorical experlence and other factors that are cDnsidered to be relcvant. ACal results may differ from these estimates. The estimates and underlyhng assufftptlons are rèvlewed on an ongoing basis. Revlslons to accountin9 estimates are recogrw5ed in the period in whKh the estimate is fevised where the revision affects only that period, or in the perif)d of the revision arkl future periods where the revlsion affects both current and future perii>ds. 20-
NORTH WEST POLICE BENEVOLENT FUND Notes to the financial statements {contlnued) FOR THE YEAR ENDED 31 DECEMBER 2022 Donatlons and l•ga¢i•$ Unwtrlrt¢d unrestrl¢t•d funds funds g¢n¢ral g•n•ral 2022 2021 Donatlons and g1ft5 116,069 327.739 Oon)tlons- Mernbers of the publlc Donations- Miscellaneous Legacy Income GSftaid Grant Income PCC Cumbrla 17,788 20.Q80 36.401 9,215 12.S85 20,000 6,7S2 5.233 222.668 14.7BI 78.295 J16,069 327.739 Grnnt Income as abov• Rlbble valley Council Job Retention Scheme COVIO-19 Slck Pay Rebate5 Employment Allowance Parkdean Discrétionary Discount l.B43 24.571 36,484 3,463 1,715 9,777 12.585 78.295 Chjritable athvltles 2022 2021 Member Donat$5 Lodges Merseyslde Wellbeing donati¢)ns Cheshire Wellbeing donations GMP Wellbeing donatlons North Wales Wellbelng donations Cumbri4 Wellbeing donations Lanc05hire Wellbeltbg donathns West Midlands Wellbeing d¢>nations NWROCU Wellbelng donalions Satellite physio - MerseysKle Satellite physio - Cheshire Holistic Treatments 1.?79.787 1,289,152 14L.394 5.208 6.520 12.519 2.880 9.040 7,520 7.078 9,520 7.040 IL.750 LO.350 4.000 6.250 25,0(K> 13.420 5,480 18,750 26.310 L9,127 1,39).755 1.527.340 All Income from charltable atlivitiÈs was unrestricied in 2022 and 2021. 21
NORTH WEST POLICE BENEVOLENT FUND Notes to the financial statements (continued) FOR THE YEAR ENDED 31 DECEMBER 2022 St Mlthoels Lodge Unrestrlrt•d Unr¢strl¢t lund$ lunds o¢neral 9•n•ral 2922 2021 Venue hlre Bed and Breakfast Bistro 7,005 44,256 21.676 14.874 12.266 Total 72,937 27,140 In¥estment$ Unro$tdrted Uhrestrfrtod fund$ fund5 9•n*r•l 90n¢r•l 2022 2021 Income from listed investments Interest recelvable 22.320 1.061 18.963 23,381 A9.D27 othèr Incom• Unrestrlcted Unrestrlrtod nds funds 9•n•ral 2022 2021 Treatment costs reclaimed folltswlng legal actlon 7,nS 3.443 7.775 3.443 22
NORTH WEST POLICE BENEVOLENT FUND Notes to the flnancial statements (continued) FOR THE YEAR ENDED 31 DECEMBER 2022 Charitsblt actlviti st Mlelwels White Cro•* Bay 2022 Souih Lak•land 2021 Total 2022 Total 2021 2022 Management site and secvrfty Depreciatson and impairment Furnishings and maintenance Seryices and Insurance Housekeeping and recepti Physlotherapy Catering Admlnistratlon Counselling ènd tl1C seNices 221,523 62.274 l24.986 198.320 132.564 254,276 342.534 128.002 57.614 IB4.033 221.523 62,274 124,986 198.32Q 132.564 254.276 342.534 128.D02 57,614 184.033 215,785 68.543 193,209 181.244 276.280 168.018 304.953 90,549 33,381 139.100 1.706,126 1.706,126 1,671.062 Grant lunding of aclivilies (see nole ioi 28,176 28,176 44,255 Share of support C95ts (see note 11) Share of governance costs (see note li} 59.299 59.299 99,546 6.850 6.850 6.551 I.8.451 1.800,451 1,821,414 Chèriiable activitlÈs as above were unrestricted in 2022 and 2021. Trustee$ Twstees are revnbursed lor non materfal exSe$ incurred on (harity business. 10 Grants payabl• Unre5trSEtedVnr•strltied 2022 2021 Serving officer5 Retired officeis Death BeThefits 4,000 10.255 30,000 11,576 15,000 Total 28,176 44,255 23-
NORTH WEST POLICE BENEVOLENT FUND Notes to the financlal statements (contlnued) FOR THE YEAR ENDED 31 DECEMBER 2021 11 Support costs Support Go¥•m•nc• CQ5ts 2022 Suppvrt GoVern¢t osts 2021 Comm5ltee expenses Lodges comblned insurance Leoal and professlonal Marktting costs Bad debts 280 883 25,120 45.163 27.448 932 25.120 45,163 27.448 932 30.776 27.935 308 30.776 27.935 308 Audit fee5 6.850 6,850 6.S51 6,551 59.299 6.8SO 66.149 99,546 6.551 106,097 Analysed between ChaTltable aclivities 59.299 6.850 66,149 99,546 6,551 106,097 Governance costs indudes payments to the auditors of E6,85012021 - £6,551) for audlt fees. 12 Net g)Im$l(108ses} on Investments i•nr•strlct•d Unr*stri¢ted funds fvnd$ 9eneral general 2022 1021 Reallsed and unrealised gainslllossesl on investments 191,08DI 62.287 13 Tax)lion The charily is exempi from tax on Income and galns lalling Wlthln seciion 505 01 the Taxes Act 1988 or section 252 of the Taxationof Chargeable Galns Att 1992 lo the extent that these are applied lo its charitable objects. 24-
NORTH WEST POLICE BENEVOLENT FUND Notes to the financlal statements (continued) FOR THE YEAR ENDED 31 DECEMBER 2022 14 Employees The average monthly bwmber of empkjyees duriny the year was.. 2022 Number 2021 Numb•r Adrnin and Recepty"on Cateri Counselling Holistlc Housekeeplng Management Physio S1te and seCu1Y io Total 44 37 Employment costs 2022 2021 Wages and salaries Soclal security costs Other pen5KJll cosls 913.955 82.610 15.BD6 793,076 67.144 14.477 1fv12.371 874.697 There were no employees whose annual remuneralion was more than £60,000. 15 Other Total Unrestrlct•d funds g•neral 202L 2022 Net loss on disposal ol tsngible red a55ets 666,928 666.928 During the year ended 31 December 2021, the trustee5 made the decision lo dispose Of the onvalesÈnce lodge5 due ro escalating maintenance costs. The proceeds of the sale were E6SO.000 with an exceptional book loss tsn dispoal of £666.928. 25
NORTH WEST POLICE BENEVOLENT FUND Notes to the financlal statements {contlnued) FOR THE YEAR ENDED 31 DECEMBER 2022 16 Tan9lble flxed assets FieEholO land Fixtures and and buildithgs fiiiings TOt&l Cost At l January 2022 Addition5 4.235.776 454.672 550 4.690.448 $50 At 31 Dember 2022 4,235,776 455,222 4,690,998 Oepre¢latloD and impairment At l January 2022 DepreciaEion charged in the year 291,547 47.105 230.373 77.881 521.920 124.986 At 31 December 2022 338.652 308.254 646,906 Carrying amount At 31 December 2022 3,897.124 146.968 4,044,092 At 31 December 2021 3,944.229 224.298 4.168.S27 17 Fixed asset investments L15tod Investments Cost or valuation AE l January 2022 Additions Valuatitsn chart9es 827,737 373,964 191.080} At 31 December 2022 1.110.621 arrylng amount At 3 1 December 2022 1,110,621 At 31 December 2021 827,737 26-
NORTH WEST POLICE BENEVOLENT FUND Notes to the financlal statements (continued) FOR THE YEAR ENDED 31 DECEMBER 2022 18 Debtors 2022 2021 Member loans DonatnS and other trade debtors Gift ald prepayments and acrrued intome 19 29,476 193.801 53,065 250,688 4.363 33.972 24,541 247.818 342.088 19 MeMb¢r Loans 2022 2021 Balance ai i January 2021 Loans 4ranted during the year Repayments In the year Loans written off and converted to grnnts 71.261 116.495 123.5891 {7,3601 124,2131 121,0211 40.312 71,261 ead debt provislon 110.836) IIB.1951 Bèlance at 31 December 2021 29.476 53.066 20 Credlt¢r$: amotsnls falling due wlthln one year 2022 2021 other taxalion and soclal 5e£vrity Deferred incotne Trade creditor5 other creditors Accruals antl deferred income 22.572 101.767 4?.077 5.522 44.712 24.711 AL8,149 30.621 1,492 57,989 21 216.650 232.962 27-
NORTH WEST POLICE BENEVOLENT FUND Notes to the flnanclal statements (continued) FOR THE YEAR ENDED 31 DECEMBER 2022 21 Delerred Incgrne 2022 2021 LarKashlre GMP Cheshlre Merseyslde North wales NWRCO Merseyslde physio Cheshlre phy510 Lodge bookings Etnployment allowan 2021 8ed & Breakfast breaks in advan 14,436 20,768 26.360 16.168 7.600 6.000 24.116 3,845 33,880 25.208 17,120 6,250 6,250 480 6,250 2,000 2.185 1,000 101,767 118,149 2Z Analy$ls of fbet a$t$ b•twe•n funds unrestricted Designaie funds nds 2022 Total Unr•5tr1Ct pe9at•d funds funds 2021 2021 2022 2022 2021 Fund balan$ at 31 December 2022 are represented by.. Tang5ble assets Investments Curient assetsl 4,044.092 1.110.021 4.044.092 1.110.621 4.168.527 827.737 4,168.527 827.737 486.794 744.419 1.231.213 835,857 834.419 1,670.276 J.641,507 744,419 6.385.926 5.832.121 834,419 6.666.540 23 Related party IransactiOn5 There were no diselosable related party trnnsactk)ns during Ihe year {2021 rnne}. 28-
NORTH WEST POLICE BENEVOLENT FUND Notes to the financial statements (contlnued) FOR THE YEAR ENDED 31 DECEMBER 2022 24 Mov•m•n¢ in funds At 1.1.21 intomlAg Outyolng Ttanjftts Net mo¥•rnent At 31.12.22 Unr•strided fund• Unrestiicted Income 5.832,121 1.610.917 11.89k.5311 90,0(*) {190.614} 5.641,507 Total 5.832.121 1,6JO.9L7 {l.891.5311 90,1)Th) 1190.6141 5.641.507 At 1.1.21 In¢omlng Out9oln9 Transf•rs r¢sources resource5 N•t m4)v•ment At 31.11.22 Unrestrlcted designated funds Buslness contlngency Database and IT Orangery reurbiShrrt Health SafÈty St Michaeb Capltal Dlsaster emergency 523.419 25.CKJO 523.419 25,000 50.(K)O 80.000 56,ODO i(x).000 (50.0001 {40,Q(K>} 150,000} (40.¢MK)) 40.000 56,000 loo,000 Total 834.419 (90.0001 190,CKJO) 744,419 25 Cash generated fr¢)m oper•tLOTrS 2022 2021 Deflut for the yèar (280.614) 1521.3661 Adjustments for: Investment Income recogrNsed in statement of finaal artlvltle5 IG3iTr11105s on disposal of tangibk fixed assets Falr Value galns and losses on investments DePCIatIon and impairment of tangible fixed bssets 123.381) 119.0271 666.928 (62.2871 193.2(19 91.080 124.966 Movements in working capital: Dea5¢ In debtors Increase In creditors (Decreasel/in¢rease In deferred income 94,270 70 116.382) 25,103 20,675 13.138 Cash (absorbed by)19enerated from operatloThs 19.9711 316,373 29-