2021-08-30-accounts

Trustees			Philip Cashen (Chair)
			William Connolly
			Philip Corfield
			Victoria Cowley
			Annette Johnson
			P McCabe
			Richard Meegan
			Keith Housley
			Howard Fleming	(Appointed	18January 2021)
			Paul Musa	(Appointed	20 September 2021)
Chief Executive Officer			Maxine Ennis
Secretary/	Finance Manager		Jayne Eccleston
Charity number			518951
Company	number		02050597
Principal address			Rotunda College
			109Great Mersey Street
			Liverpool
			Merseyside
			L5 2PL
Registered		office	Rotunda College
			109Great Mersey Street
			Liverpool
			Merseyside
			L5 2PL
Independent		examiner	Mr Peter Taaffe FCA CTA DChA
			Suite 5.1
			12Tithebarn Street
			Liverpool
			L2 2DT
Bankers			Lloyds Bank pic
			Merchants Court
			2-12 Lord Street
			Liverpool
			L2 1TS

			Page
Trustees'	report		1-7
Statement	oftrustees'	responsibilities
Independent examiner's report
Statement	offinancial	activities	10-11
Balance sheet			12 - 13
Statement	ofcash flows		14
Notes to	the financial	statements	15-28

Current financial year	Current financial year
				Unrestricted	Restricted	Total	Total
				funds	funds
				2021	2021	2021	2020
			Notes	f
~~mitrom
Donations and	legacies			50,322		50,322	59,669
Charitable activities				648,717	274,525	923,242	769,973
Other trading activities				5,195		5,195	462
Investments				20		20	9
Total income				704,254	274,525	978,779	830,113
Ex di ur on:
Raising funds				3,791		3,791	1,623
Charitable activities				614,096	268,161	882,257	751,732
Total expenditure				617,887	268,161	886,048	753,355
Net incoming	before transfers			86,367	6,364	92,731	76,758
Gross transfers	between	funds		73,219	(73,219)
Net income/(expenditure)		for the year/
Net movement	in funds			159,586	(66,855)	92,731	76,758
Fund balances	at 1 September 2020			559,328	1,114,149	1,673,477	1,596,719
Fund balances	at 31August 2021			718,914	1,047,294	1,766,208	1,673,477

Prior financial	year
				Unrestricted	Restricted	Total
				funds	funds
				2020	2020	2020
			Notes	F		f
~lon~egm: Donations and	legacies			59,669		59,669
Charitable activities				619,050	150,923	769,973
Other trading activities				462		462
Investments				9		9
Total income				679,190	150,923	830,113
Ex e i ureon:
Raising funds				1,623		1,623
Charitable activities				595,521	156,211	751,732
Total expenditure				597,144	156,211	753,355
Net incoming	before transfers			82,046	(5,288)	76,758
Gross transfers	between	funds		73,219	(73,219)
Net income/(expenditure)		for the year/
Net movement	in funds			155,265	(78,507)	76,758
Fund balances	at 1 September 2019			404,063	1,192,656	1,596,719
Fund balances	at 31August 2020			559,328	1,114,149	1,673,477

					2021		2020
				Notes
Fixed assets
Tangible assets				12		1,523,268		1,567,049
Investments				13		1		1
						1,523,269		1,567,050
Current assets
Debtors				15	713,753		93,915
Cash at bank and		in	hand		352,551		468,597
					1,066,304		562,512
Creditors:	amounts		falling due within
one year					(731,250)		(387,398)
Net current	assets					335,054		175,114
Total assets less		current liabilities				1,858,323		1,742,164
Creditors:	amounts		falling due after
more than	one year			17		(92,115)		(68,687)
Net assets						1,766,208		1,673,477
Income funds
Restricted	funds			21		1,047,294		1,114,149
Unrestricted	funds					718,914		559,328
						1,766,208		1,673,477

			2021		2020
		Notes			f.
Cash flows from operating	activities
Cash (absorbed by)/generated operations	from	26		(154,931)		451,779
Investing activities
Purchase oftangible fixed assets			(2,204)		(7,705)
Interest received			20		9
Net cash used in investing	activities			(2,184)		(7,696)
Financing activities
Proceeds ofnew bank loans			50,000
Repayment of bank loans			(8,931)		(2,650)
Net cash generated from/(used in) financing activities				41,069		(2,650)
Net (decrease)/increase in equivalents	cash and cash			(116,046)		441,433
Cash and cash equivalents at beginning		ofyear		468,597		27,164
Cash and cash equivalents	at end ofyear			352,551		468,597

Donation	s and legacies
		Unrestricted	unrestricted
		funds	funds
		2021	2020
Donations	and gifts	14,593	24,669
Grants receivable		729
Donated	goods and services	35,000	35,000
		50,322	59,669

			2021	2020
			f	f
	The advancement	ofeducation
	Charitable activities		526,229	499,582
	Services provided	under contract	102,693	89,714
	Performance related grants		274,525	150,923
	Charitable rental income		19,555	28,914
	Other income		240	840
			923,242	769,973
	Analysis by fund Unrestricted funds		648,717	619,050
	Restricted funds		274,525	150,923
			923,242	769,973
5	Other trading activities
			Unrestricted	Unrestricted
			funds	funds
			2021f	2020 f
	Bistro		5,195	462
6	Investments
			Unrestricted	Unrestricted
			funds	funds
			2021	2020
	Interest receivable		20

7	Raising funds
				Unrestricted	Unrestricted
				funds	funds
				2021	2020
				f
	Bistro
	Bistro food, drink and		other consumables	3,791	1,623
				3,791	1,623
8	Charitable activities
				2021	2020
	The advancement	ofeducation
	Staff costs			535,734	454,848
	Depreciation Repairs and maintenance Consultancy costs Project costs Advertising and subscriptions Rates and insurance			45,984 19,348 4,829 180,370 11,284 18,055	51,016 17,420 21,957 115,245 11,128 17,709
	Office costs			34,063	39,088
	Travel and volunteer Other costs		expenses	1,511 16,267	2,906 14,194
				867,445	745,511
	Share ofgovernance		costs (see note 9)	14,812	6,221
				882,257	751,732
	Analysis by fund Unrestricted funds			614,096
	Restricted funds			268,161
				882,257
	For the year ended Unrestricted funds		31August 2020		595,521
	Restricted funds				156,211
					751,732

9	Support costs	Support	Governance	2021	Support	Governance	2020
		costs	costs		costs	costs
		F				F
	Accountancy Legal and professional		4,255 10,557	4,255 10,557		4,260 1,961	4,260 1,961
			14,812	14,812		6,221	6,221
	Analysed between Charitable activities		14,812	14,812		6,221	6,221

The average monthly	number ofemployees during the year wa	s:
		2021	2020
		Number	Number
Employees		26	20
Employment costs		2021	2020
		F	F
Wages and salaries Social security costs Other pension costs Volunteer counselling	and CSR	461,257 30,768 8,709 35,000	387,011 25,371 7,466 35,000
		535,734	454,848

Tangible fixed assets				Freehold land	Building	Office Motor	vehicles	Total
				and buildings f	Improvements	Equipment f	f
Cost
At 1 September 2020 Additions				170,654	1,830,915	154,404 2,204	31,440	2,187,413 2,204
At 31August 2021				170,654	1,830,915	156,608	31,440	2,189,617
Depreciation At 1 September 2020 Depreciation charged	in	the year		45,032 2,400	421,205 37,037	141,634 4,312	12,493 6,288	620,364 50,037
Reversal of depreciation land		charged	on	(4,052)				(4,052)
At 31 August 2021				43,380	458,242	145,946	18,781	666,349
Carrying amount At 31August 2021				127,274	1,372,673	10,662	12,659	1,523,268
At 31August 2020				125,622	1,409,710	12,770	18,947	1,567,049

14	Financial instruments	Financial instruments					2021	2020
	Carrying amount Debt instruments	offinancial assets measured at amortised			cost		939,531	512,667
	Equity instruments	measured		at cost less impairment			1	1
	Carrying amount offinancial liabilities Measured at amortised cost						146,903	104,069
15	Debtors
							2021	2020
	Amounts falling	due	within	one year:				F
	Trade debtors						31,548	21,859
	Refurbishment project Other debtors		work	in progress			555,118 1,314	22,211
	Prepayments and	accrued income					125,773	49,845
							713,753	93,915
16	Creditors: amounts		falling	due within	one year
							2021	2020
						Notes
	Bank loans						20,486	2,845
	Other taxation and social security						9,206	7,775
	Deferred income					19	667,256	344,241
	Trade creditors						9,984	19,864
	Other creditors						1,507	1,356
	Accruals						22,811	11,317
							731,250	387,398
17	Creditors: amounts		falling	due after more than one year
							2021	2020
						Notes
	Bank loans					18	92,115	68,687

18	Loans and overdrafts	Loans and overdrafts
					2021	2020
					f	f
	Loans				112,601	71,532
	Payable Payable	within one year after one year			20,486 92,115	2,845 68,687
	Amounts	included above which	fall due after five years:
	Payable	by instalments			36,225	25,178
19	Deferred	income
					2021	2020
					f	f
	Other deferred income				667,256	344,241
					2021	2020
	Total deferred income at 1 September 2020				344,241	30,860
	Amounts	received in year			410,921	344,241
	Amounts	credited to statement	offinancial	activities	(87,906)	(30,860)
	Total deferred income at 31August 2021				667,256	344,241

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22	Analysis of net assets	between	funds
		Unrestricted		Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2021	2021	2021	2020	2020	2020
							E	F
	Fund balances at
	31August 2021
	are represented
	by:
	Tangible assets	487,626		1,035,642	1,523,268	452,900	1,114,149	1,567,049
	Investments		1		1	1		1
	Current assets/
	(liabilities)	323,402		11,652	335,054	175,114		175,114
	Long term liabilities	(92,115)			(92,115)	(68,687)		(68,687)
		718,914		1,047,294	1,766,208	559,328	1,114,149	1,673,477

	2021	2020
Within one year	9,528	2,328
Between two and five years	29,928	4,656
	39,456	6,984

		2021	2020
Aggregate	remuneration	49,138	43,074

26	Cash generated from	Cash generated from	Cash generated from	operations	operations					2021	2020
	Net (expenditure) for the reporting					period as	per the Statement		of Financial
	Activities									92,731	76,758
	Adjustments		for:
	Investment		income recognised		in	statement	offinancial	activities		(20)	(9)
	Depreciation		oftangible	fixed	assets					45,984	51,016
	Movements		in working	capital:
	(Increase)	in debtors								(619,837)	(2,099)
	Increase in		creditors							3,196	12,732
	Increase in		deferred income							323,015	313,381
	Cash provided by operating				activities					(154,931)	451,779