Company number: 1461799 Charity number: 509514
Liverpool Roots Trust Limited (A COMPANY LIMITED BY GUARANTEE) Financial Statements
5 April 2025
Liverpool Roots Trust Limited Report and accounts Contents
| Page | |
|---|---|
| Charity reference and administrative details | 1 |
| Trustees' report | 2to4 |
| Independent examiner's report | 5 |
| Statement of Financial Activities | 6 |
| Balance sheet | 7 |
| Statement of Cash Flows | 8 |
| Notes to the accounts | 9 to 13 |
| Not for publication: | |
| Detailedprofitandlossaccount | 14 |
Liverpool Roots Trust Limited Charity reference and administrative details
Trustees
T Gillson P Morgan B R Robinson
Secretary A F Cunliffe
Independent Examiner Stephen Clayton 45 Rivermeade Southport Merseyside PR8 6PR
Bankers HSBC 99-101 Lord Street Liverpool L2 6PG Santander UK plc Customer Service Centre Bootle Merseyside L30 4GB
Registered office 36/42 Soho Street Liverpool Merseyside L3 8AE
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Company registered number 1461799
Charity number 509514
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Liverpool Roots Trust Limited Registered number: 1461799 Trustees’ Report
The trustees (who are also directors of the company for the purposes of company law) present their annual report together with the accounts of the charity for the year ended 5th April 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) " Accounting and Reporting by Charities" (FRS 102) in preparing the annual report and accounts of the charity.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland published on 16th July 2014 (as amended by Update Bulletin 1 published on 2nd February 2016)
Objectives and activities
The company's principal activity during the year continued to be that of a Day Resource Centre for persons who have social and mental health problems
The charity is organised so that the trustees meet regularly to manage its affairs. There is a full time manager, one part time assistant plus a number of volunteers who run and administer the day centre.
Trustees
The following persons have served as trustees of the charity during the year:
T Gillson
- P Morgan B R Robinson
Public benefit
The trustees have had due regard to the guidance published by the Charity Commission on public benefit.
Chairman's Report
Mental health services generally are in decline due to a persistent lack of government funding. Voluntary organisations are struggling with increased work loads and excessive demands for more and more statistics. This data burden on staff reduces available time for actual service user care. Whilst data is crucial for monitoring needs and performance measurement, current demands are increasingly taxing on already overworked staff. For the purpose of future contract bidding, smaller providers are now considering forming collaboration groups to compete with larger organisations with vastly superior resources, in an attempt to secure future funding. Large organisations can sometimes provide a less personalised service, the quality or effectiveness of which is often reduced, impacting on service users and carers. Any organisation can run a service, but in the final analysis it's the quality of the service that matters. It’s the quality of the service which has the lasting impact and benefit for service users. An impact which makes a distinct difference to people’s mental health and wellbeing. The type of quality, value for money, service that the smaller Voluntary Sector organisations have provided over many years. With the unfailing support of Liverpool City Council, the Third Sector has been, for so long, the mainstay for the provision of mental health services for the people of Liverpool.
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Liverpool Roots Trust Limited Registered number: 1461799 Trustees’ Report
Roots continues to maintain it's services from both out of its base in Soho Street and in the wider community, where we have successfully dovetailed with other providers in order to offer our opportunities to the wider community. Our ongoing association with the Joseph Lappin Centre in Old Swan area of Liverpool continues to gather momentum. We offer a number of programmes and advice on any number of queries; and provide opportunities that many individuals have found to be extremely beneficial. Because the Joseph Lappin Centre has other essential services such as: CAB, Shelter housing , food bank, men’s group, health & exercise, and creative activities, there is scope for our own service users to access these. We have learnt through our experience that individuals are often desperate for help, support and guidance, particularly with the present shortages and long waiting lists for mental health consultation. Loneliness is often an issue and can have serious and physical complications that can worsen if ignored. Social meet-ups and peer group get-togethers, encouraged by services like Roots, go a long way to alleviating this problem. As for the future, Roots remains optimistic and confident that we will be able to continue to be strongly committed to promoting personal independence for our service users, through the professional support, encouragement and guidance of our staff team.
Once again, | would like to take this opportunity to express my appreciation to our Centre Manager, Ann Cunliffe, and her staff for their unfailing efforts in achieving outstanding results, despite having to negotiate another demanding year. The centre’s successful outcomes and highly regarded reputation for excellence is entirely down to their hard work.
Financial review
The accounts show total income for the year amounting to £77,283 (2024: £73,016).
Total expenditure for the year amounted to £65,760 (2024: £64,665).
As a result, the accounts showa surplus of £11,523 (2024: £8,351) increasing unrestricted funds at Sth April 2025 to £115,590 (2024: £104,067).
Reserves policy
The present level of reserves is considered adequate to support the continuation of the day centre for the medium term and the trustees consider the financial position of the charity to be satisfactory.
Governing document
The charity is a company limited by guarantee and was incorporated on 19th November 1979. It was registered as a charity on 14th February 1980 and is governed by its Memorandum and Articles of Association.
Risk management
The trustees have assessed the major risks to which the charity is exposed and have taken steps to mitigate those risks to an acceptable level.
Trustees responsibilities in relation to the financial statements
The trustees (who are also directors of Liverpool Roots Trust Limited for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
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Liverpool Roots Trust Limited Registered number: 1461799 Trustees’ Report
Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing those financial statements the trustees are required to:
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(a) select suitable accounting policies and then apply them consistently;
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(b) observe the methods and principles in the Charities SORP:
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(c) make judgements and estimates that are reasonable and prudent;
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(d) prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue to operate.
The trustees are responsible for keeping adequate accounting records which disclose, with reasonable accuracy at any time, the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking steps for the prevention and detection of fraud and other irregularities.
Approval
This report was approved by the Board of Trustees on 29 October 2025 and signed on its behalf.
B R Robinson Chairman
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Liverpool Roots Trust Limited
Independent examiner's report to the trustees of Liverpool Roots Trust Limited for the year ended 5th April 2025
Charity no: 509514
Company no: 1461799
| report to the trustees of the charity on my examination of the accounts of the company for the year ended 5th April 2025 which are set out on pages6 to 13.
Responsibilities and basis of report
As trustees of the charity (and directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act'). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
| have completed my examination and confirm that no material matters have come to my attention which gives me cause to believe that:
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1 accounting records were not kept in accordance with section 386 of the 2006 Act; or 2 the accounts do not accord with such records: or 3. the accounts do not comply with the relevant accounting requirements under section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair’ view which is not a matter considered as part of an independent examination; or
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4 _ the accounts have not been prepared in accordance with the Charities SORP (FRS 102)
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
45StephenRivermeade Clayton FCCA Southport Merseyside
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08 olen
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29 October 2025
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Liverpool Roots Trust Limited Statement of Financial Activities for the year ended 5 April 2025
Summary Income and Expenditure Account
| Summary Income and Expenditure | Account | |||
|---|---|---|---|---|
| Unrestricted | funds | |||
| Notes | 2025 | 2024 | ||
| Income from: | £ | £ | ||
| Charitable activities Investments |
2 3 |
76,000 1,183 |
72,381 635 |
|
| Donations | Ps | 100° | = | |
| Total income | 77,283 | 73,016 | ||
| Expenditure on: | ||||
| Charitable activities | 4 | 65,760 | 64,665 | |
| Total expenditure | 65,760 | 64,665 | ||
| Net income forthe year | “11,523 | 8,351 | ||
| Total funds brought forward | 104,067 | 95,716 | ||
| Totalfundscarriedforward | 115,590 | 104,067 |
All income and expenditure relates to continuing operations.
The Statement of Financial Activities includes all gains and losses recognised during the year.
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Liverpool Roots Trust Limited Registration number: 1461799 Balance Sheet as at 5 April 2025
| Notes | 2025 | 2024 | |||
|---|---|---|---|---|---|
| £ | £ | ||||
| Fixed assets | |||||
| Tangible assets | 9 | 10,579 | 10,231 | ||
| Current assets | |||||
| Debtors | 10 | 7,603 | 7,853 | ||
| Cash in hand | 42 | 68 | |||
| Cash at bank | 101,662 | 89,153 | |||
| 109,307 | 97,074 | ||||
| Creditors: amounts falling due | |||||
| within one year | 11 | (4,296) | (3,238) | ||
| Net current assets | 105,011 | 93,836 | |||
| Net assets | 115,590 | 104,067 | |||
| Funds | |||||
| Unrestricted funds | 115,590 | 104,067 | |||
| Totalfunds | 115,590 | 104,067 |
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. Approved by the trustees on 29 October 2025 and authorised for issue and signed on their behalf by:
B R Robinson
Director
Ekkirsssor
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Liverpool Roots Trust Limited Statement of Cash Flows Year ended 5th April 2025
| Notes | 2025 | 2024 | ||
|---|---|---|---|---|
| £ | £ | |||
| Net cash flow from operating | ||||
| activities | 14 | 11,841 | B20 | |
| Cash flow from investing activities | ||||
| Interest receivable | 1,183 | 635 | ||
| Received on sale of fixed assets | - | - | ||
| Purchase of fixed assets | (541) | - | ||
| Net cash flow from investing activities | 642 | 635 | ||
| Net increase in cash and |
cash | |||
| equivalents | 12,483 | 9,362 | ||
| Cash and cash equivalents at | start ofthe year | 89,221 | 79,859 | |
| Cash and cash equivalents at | end ofthe year | 101,704 | 89,221 | |
| Cash and cash equivalents comprise: | ||||
| Cash at bank | 101,662 | 89,153 | ||
| Cash in hand | 42 | 68 | ||
| 101,704 | 89,221 |
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Liverpool Roots Trust Limited Notes to the Accounts for the year ended 5 April 2025
1 Accounting policies
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: 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) issued on 16th July 2014 (as updated by Update Bulletin 1 published on 2nd February 2016), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice.
The financial statements have been prepared on a going concern basis and under the historical cost convention. The financial statements have been prepared in sterling which is the functional currency of the charity and rounded to the nearest pound.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
Funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Income recognition
All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.
No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees' Annual Report.
For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.
Income from charitable activities includes income received under contract or where entitlement to grant funding is subject to special performance conditions and is recognised as earned as the related services are provided. Grant income included in this category provides funding to support performance activities and is recognised when there is entitlement, certainty of receipt and the amounts can be measured with sufficient reliability.
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Investment income is earned through holding assets for investment purposes such as bank deposits. It essentially includes interest which is recognised using the effective interest method.
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Liverpool Roots Trust Limited Notes to the Accounts for the year ended 5 April 2025
Expenditure recognition
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings:
Expenditure on charitable activities includes costs associated with provision of a day resource centre for persons who have social and mental health problems.
Irrecoverable VAT is charged as an expense against the activity for which the expenditure arose.
Support costs allocation
Support costs are those costs that assist the work of the charity but do not directly represent charitable activities and includes office costs, governance costs and administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity and include project management carried out at the charity's registered office.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life, as follows:
Buildings Equipment
5% straight line 25% reducing balance
The building has been written down to its estimated land value of £10,000. No further depreciation is to be provided on this asset.
Debtors receivable / creditors payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any loss arising from impairment is recognised in expenditure.
Tax
The charity is an exempt charity within the meaning of the Charities Act 2011 and is considered to meet the definition of a charitable company for UK corporation tax purposes.
Cash and cash equivalents
Cash and cash equivalents include cash in hand and other short term liquid investments.
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Liverpool Roots Trust Limited Notes to the Accounts for the year ended 5 April 2025
Going concern
Moving forward from Covid, the Charity continues to operate its services within the city's communities, for the benefit of its residents. It is anticipated that Liverpool City Council will continue its undertaking to approve a further 12 month contract to financially cover some of the Trust's operational needs. At the time of approving the accounts, the Trustees have reasonable expectation that the Charity has adequate resources to continue its operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
VAT
The company is exempt for VAT purposes, therefore the figures shown in the accounts are included as gross.
| 2 | Income from charitable activities | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| Grants receivable | 76,000 | 72,381 | |
| 76,000 | 72,381 | ||
| 3 | Income from investments | 2025 | 2024 |
| £ | £ | ||
| Interest receivable on cash deposits | 1,183 | 635 | |
| 1,183 | 635 | ||
| 4 | Analysis of expenditure on charitable activities | 2025 | 2024 |
| £ | £ | ||
| Activities undertaken directly: | |||
| Heat and light | 3,442 | 2,708 | |
| Repairs and maintenance | 147 | 841 | |
| Staff and tuition costs | 51,213 | 49,951 | |
| Room hire | 2,737 | 842 | |
| Motor expenses | 365 | 474 | |
| Insurance, security and water charges | 3,000 | 3,811 | |
| Other day centre running costs | 0G) | 4,041 | |
| 63,742 | 62,668 | ||
| Support costs: | |||
| Depreciation | 193 | “7 | |
| Governance costs (see note 5) | 1,825 | 1,920 | |
| 2,018 | 1,997 | ||
| Totalexpenditureoncharitableactivities | 65,760 | 64,665 |
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Liverpool Roots Trust Limited Notes to the Accounts for the year ended 5 April 2025
| 5 | Governance costs | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| Independent examiners costs | 1,825 | 1,920 | |
| 6 | Net income for the year | 2025 | 2024 |
| This is stated after charging: | £ | £ | |
| Depreciation of tangible fixed assets | 193 | 77 | |
| Profit on disposal of fixed assets | - | - | |
| Independent examiners costs | 1,825 | 1,920 | |
| 7 | Staff costs and employee benefits | 2025 | 2024 |
| £ | £ | ||
| Wages and salaries | 49,109 | 49,101 | |
| Benefits in kind | ~ | - | |
| Social security costs | - | - | |
| Other pension costs | 2,104 | 850 | |
| 51,213 | 49,951 |
No employee received total benefits at the rate of £60,000 (2024: £60,000), or more per annum.
The average number of employees during the year was 2 (2024: 2).
8 Trustees' and key management personnel remuneration and expenses
Under a provision in the company's Memorandum of Association, Mr. B R Robinson, a trustee of the charity, was paid £14,549 (2024: £14,549) during the year for services rendered to the charity. The trustees did not have any expenses reimbursed during the year (2024: Enil). The total amount of employee benefits received by key management personnel in the year was £34,560 (2024: £34,552). The trust considers its key management personnel to comprise the Centre Manager.
- 9 Tangible fixed assets
| Tangible fixed assets | |||
|---|---|---|---|
| Plant and | |||
| Land and | machinery | ||
| buildings | etc | Total | |
| £ | £ | £ | |
| Cost | |||
| At 6 April 2024 | 27,997 | 580 | 28,577 |
| Additions | ee, | 541) | 541 |
| At 5 April 2025 | 27,997 | 1,121 | 29,118 |
| Depreciation | |||
| At 6 April 2024 | 17,997 | 349 | 18,346 |
| Charge for the year | - | 193 | 193 |
| At 5 April 2025 | 17,997 | 542 | 18,539 |
| Net book value | |||
| At 5 April 2025 | 10,000 | 579 | 10,579 |
| At5April2024 | 10,000 | 231 | 10,231 |
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Liverpool Roots Trust Limited Notes to the Accounts for the year ended 5 April 2025
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|---|---|---|---|---|---|---|---|---|---|
|10|Debtors|2025|2024|
|£|£|
|Accrued|income|6,333|6,032|
|Prepayments|oo|tO|;|1,821|
|7,603|7,853|
|11|Creditors:|amounts|falling|due|within|one|year|2025|2024|
|£|£|
|Trade|creditors|2,356|851|
|Taxation|and|social|security|costs|166|166|
|Accruals|and|deferred|income|1,774|eee|
|4,296|3,238|
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12 Pension commitments
The charity operates a defined contribution pension scheme for its employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge in these accounts comprises contributions paid by the charity to the defined contribution scheme, which amounted to £2,104 (2024: £850).
13 Related party transactions
There were no related party transactions during the year (2024: Enil).
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|---|---|---|---|---|---|---|---|---|---|---|---|
|14|Reconciliation|of|net|income|for|the|year|to|net|cash|flow|
|from|operating|activities.|2025|2024|
|£|£|
|Net|income|for|the|year|11,523|8,351|
|Interest|receivable|(1,183)|(635)|
|Depreciation|of tangible|fixed|assets|193|77|
|Profit|on|disposal|of|fixed|assets|-|-|
|Decrease/|(increase)|in|debtors|250|5,470|
|(Decrease)|/|increase|in|creditors|1,058|(4,536)|
|Net|cash|flow from|operating|activities|11,841|8,727|
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