| for the Year Ended 31 | Au st20 |
20 | |||||
|---|---|---|---|---|---|---|---|
| 31.8.20 | 31.8.19 | ||||||
| Unrestricted | Designated | Restricted | Total | Total | |||
| funds | funds | funds | funds | funds | |||
| Notes | |||||||
| INCOME AND | |||||||
| ENDOWMENTS FROM | |||||||
| Charitable activities |
|||||||
| Sports and wellbeing | 216,728 | 216,728 | 382,890 | ||||
| Education | 287,123 | 312,948 | 600,071 | 686,910 | |||
| Community engagement |
302,735 | 255,016 | 557,751 | 631,821 | |||
| Covid Funding | 386,535 | 386,535 | |||||
| Other income | 11,067 | 11,067 | 1,750 | ||||
| Total | 1,204,188 | 567,964 | 1,772,152 | 1,703,371 | |||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Sports and wellbeing | 291,300 | 1,059 | 26,107 | 318,466 | 403,253 | ||
| Education | 385,557 | 1,406 | 107,680 | 494,643 | 765,629 | ||
| Community engagement |
421,380 | 1,535 | 204,285 | 627,200 | 453,332 | ||
| Total | 1,098,237 | 4,000 | 338,072 | 1,440,309 | 1,622,214 | ||
| NET | |||||||
| INCOME/(EXPENDITURE) | 105,951 | (4,000) | 229,892 | 331,843 | 81,157 | ||
| RECONCILIATION | OF | ||||||
| FUNDS | |||||||
| Total funds brought forward | 878,364 | 483,999 | 1,917,935 | 3,280,298 | 3,199,141 | ||
| TOTAL FUNDS CARRIED | |||||||
| FORWARD | 984,315 | 479,999 | 2,147,827 | 3,612,141 | 3,280,298 |
| Balance Sheet 3~10 2020 |
||||||
|---|---|---|---|---|---|---|
| 31.8.20 | 31.8.19 | |||||
| Unrestricted | Designated | Restricted | Total | Total | ||
| funds | funds | funds | funds | funds | ||
| Notes | ||||||
| FIXEDASSETS | ||||||
| Tangible assets | 8 | 1,516,095 | 479,998 | 1,830,142 | 3,826,235 | 3,883,682 |
| Social investments | 9 | 82,000 | 82,000 | 82,000 | ||
| 1,598,095 | 479,998 | 1,830,142 | 3,908,235 | 3,965,682 | ||
| CURRENT ASSETS | ||||||
| Debtors | 10 | 50,406 | 50,406 | 128,367 | ||
| Prepayments and scorned |
||||||
| income | 1,504 | 1,504 | 19,552 | |||
| Cash at bank and in hand | 107,905 | 317,686 | 425,591 | 51,656 | ||
| 159,815 | 317,686 | 477,501 | 199,575 | |||
| CREDITORS | ||||||
| Amounts falling due within one |
||||||
| year | 11 | (245,620) | (245,620) | (377,076) | ||
| NET CURRENT ASSETS | (85,805) | 317,686 | 231,881 | (177,501) | ||
| TOTAL ASSETSLESS | ||||||
| CURRENT LIABILITIES | 1,512,290 | 479,998 | 2,147,828 | 4,140,116 | 3,788,181 | |
| CREDITORS | ||||||
| Amounts falling due afier more |
||||||
| than one year | 12 | (527,975) | (527,975) | (507,883) | ||
| NET ASSETS | 984,315 | 479,998 | 2,147,828 | 3,612,141 | 3,280,298 | |
| FUNDS | 14 | |||||
| Unrestricted funds |
1,464,313 | 1,362,363 | ||||
| Restricted funds | 2,147,828 | 1,917,935 | ||||
| TOTAL FUNDS | 3,612,141 | 3,280,298 |
| Cash Flow Statement | ||||||
|---|---|---|---|---|---|---|
| for the Year Ended | I Au | st 2020 | ||||
| 31.8.20 | 31.8.19 | |||||
| Notes | ||||||
| Cash flows from operating | activities | |||||
| Cash generated from |
operations | 402,795 | 52,765 | |||
| Interest paid | (28,860) | (39,380) | ||||
| Net cash provided by | operating activities | 373,935 | 13,385 | |||
| Cash flows from investing | activities | |||||
| Sale oftangible fixed | assets | 1,750 | ||||
| Net cash provided by | investing activities |
1,750 | ||||
| Change in cash and | cash equivalents | in | ||||
| the reporting period |
373,935 | 15,135 | ||||
| Cash and cash equivalents | at the | |||||
| beginning ofthe reporting | period | 51,656 | 36,521 | |||
| Cash and cash equivalents | at the end | of | ||||
| the reporting period | 425,591 | 51,656 |
| RECONCILIATION OFNET INCOME TONET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OFNET INCOME TONET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OFNET INCOME TONET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OFNET INCOME TONET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OFNET INCOME TONET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OFNET INCOME TONET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OFNET INCOME TONET CASH FLOW FROM OPERATING ACTIVITIES | |
|---|---|---|---|---|---|---|---|
| 31.8.20 | 31.8.19 | ||||||
| 6 | |||||||
| Net income | for the | reporbng period (asper the Statement ofFinancial | |||||
| Activities) | 331,843 | 81,157 | |||||
| Adjustments | for: | ||||||
| Depreciation | charges | 57,447 | 59,341 | ||||
| Profit on disposal offixed assets | (1,750) | ||||||
| Interest paid | 28,860 | 39,380 | |||||
| Decrease/(increase) | in debtors | 96,009 | (14,982) | ||||
| Decrease in creditors | (111,364) | (110,381) | |||||
| Net cash provided by operations |
402,795 | 52,765 | |||||
| 2. | ANALYSIS | OFCHANGES IN NET DEBT | |||||
| At 1.9.19 | Cash flow | At 31.8.20 | |||||
| Net cash | |||||||
| Cash at bank and in | hand | 51,656 | 373,935 | 425,591 | |||
| 51,656 | 373,935 | 425,591 | |||||
| Debt | |||||||
| Debts falling | due within | 1year | (99,555) | 75,081 | (24,474) | ||
| Debts falling | due after 1 | year | (507,883) | (20,092) | (527,975) | ||
| (607,438) | 54,989 | (552,449) | |||||
| Total | (555,782) | 428,924 | (126,858) |
| 31.8.20 | 31.8.19 | ||||||
|---|---|---|---|---|---|---|---|
| Activity | |||||||
| Sports Centre income | Sports and wellbeing | 216,728 | 382,890 | ||||
| Tmining income |
Education | 287,123 | 505,825 | ||||
| Grants | Education | 312,948 | 181,085 | ||||
| Library management | Community | engagement | 165,000 | 165,000 | |||
| Room hire | Community | engagement | 12,563 | 23,665 | |||
| Room rental | Community | engagement | 125,172 | 116,176 | |||
| Grants | Community | engagement | 255,016 | 326,980 | |||
| Grants | Covid Funding | 386,535 | |||||
| 1,761,085 | 1,701,621 | ||||||
| Grants received, included in | the | above, are as follows: | |||||
| 31.8.20 | 31.8.19 | ||||||
| Sports England | 73,688 | ||||||
| Power to Change Trust | 25,000 | ||||||
| ESF | 15,545 | ||||||
| Liverpool City Council | 289,628 | 170,040 | |||||
| BigLottery Fund | 103,000 | 110,947 | |||||
| Cobalt Housing | 4,805 | 758 | |||||
| Segno Council for Voluntary | Service | 59,883 | 35,121 | ||||
| Liverpool Community | College | 116,523 | |||||
| Other | 475 | ||||||
| Awards ForAll | 9,900 | ||||||
| Veolia Environmental | Trust | 58,656 | |||||
| Merseyside Play in Action | 2,060 | ||||||
| Covid Funding | 386,535 | ||||||
| 954,499 | 508,065 | ||||||
| CHARITABLE ACTIVITIES | COSTS | ||||||
| Support | |||||||
| Direct | costs (see | ||||||
| Costs | note 4) | Totals | |||||
| g | |||||||
| Sports and wellbeing | 190,254 | 128,212 | 318,466 | ||||
| Education | 341,964 | 152,679 | 494,643 | ||||
| Community engagement |
476,906 | 150,294 | 627,200 | ||||
| 1,009,124 | 431,185 | 1,440,309 |
| SUPPORT COSTS | ||||||
|---|---|---|---|---|---|---|
| Governance | ||||||
| General | Finance | costs | Totals | |||
| Sports and wefibeing | 117,619 | 7,888 | 2,705 | 128312 | ||
| Education | 138,657 | 10,441 | 3,581 | 152,679 | ||
| Community engagement |
134,970 | 11,410 | 3,914 | 150,294 | ||
| 391,246 | 29,739 | 10,200 | 431,185 | |||
| Support costs, included | in the | above, are as follows: | ||||
| 31.8.20 | 31.8.19 | |||||
| Sports | ||||||
| and | Community | Total | Total | |||
| wellbeing | Education | engagement | activities | |||
| 5 | ||||||
| Premises costs | 67,101 | 88,812 | 97,064 | 252,977 | 292,928 | |
| Repairs and renewals | 6,267 | 8,295 | 9,066 | 23,628 | 11,309 | |
| Travel expenses | 2,590 | 2,590 | 4,709 | |||
| Postage and stationery | 2,552 | 3,377 | 3,691 | 9,620 | 3,375 | |
| Sundries | 41 | 55 | 60 | 156 | 1,133 | |
| Legal and professional | fees | 11,890 | 15,738 | 17400 | 44,828 | 114,838 |
| Depreciation oftangible | ||||||
| fixed assets | 29,768 | 22,380 | 5,299 | 57,447 | 59,341 | |
| Bank charges | 233 | 309 | 337 | 879 | 1,441 | |
| Interest payable and similar | ||||||
| charges | 7,655 | 10,132 | 11,073 | 28,860 | 39,380 | |
| Auditors' remuneration |
2,705 | 3,581 | 3,914 | 10,200 | 10,200 | |
| 128,212 | 152,679 | 150,294 | 431,185 | 538,654 |
| 31.8.20 | 31.8.19 | ||
|---|---|---|---|
| Auditors' | remuneration | 10,200 | 10,200 |
| Depreciation —owned assets |
57,447 | 59,341 | |
| Surplus | on disposal offixed assets | (1,750) |
| STAFF COSTS | ||||
|---|---|---|---|---|
| 31.8.20 | 31.8.19 | |||
| Wages and salaries | 814,536 | 874,532 | ||
| Social security costs | 53,149 | 61,994 | ||
| Other pension costs | 7,633 | 7,841 | ||
| 875,318 | 944,367 | |||
| The average monthly | number ofemployees | during the year was as follows: | ||
| 31.8.20 | 31.8.19 | |||
| Teaching staff and trainees | 9 | 10 | ||
| Caretaker / cleaners |
5 | 4 | ||
| Office and management | 15 | 15 | ||
| Sports Centre staff | 15 | 15 | ||
| Library staff | 6 | 6 | ||
| 50 | 50 |
| TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Improvements | ||||
| Freehold | Long | to | Plant and | |
| property | leasehold | pIQparty | machinery | |
| g | 6 | |||
| COST | ||||
| At 1 September 2019and 31August 2020 | 1/25,304 | 1828,841 | 1,751,182 | 65,912 |
| DEPRECIATION | ||||
| At 1 September 2019 | 59,012 | 127,501 | 135,650 | 65,412 |
| Charge foryear | 12,253 | 11,289 | 33,637 | 250 |
| At 31August 2020 | 71,265 | 138,790 | 169,287 | 65,662 |
| NET BOOKVALUE | ||||
| At 31August 2020 | 1,154,039 | 1,090,051 | 1,581,895 | 250 |
| At 31August 2019 | 1,166,292 | 1,101,340 | 1,615,532 | 500 |
| 8. | TANGIBLE FIXEDASSETS - continued | ||||
|---|---|---|---|---|---|
| Fixtures | |||||
| and | Motor | Computer | |||
| fittings I |
vehicles | equipment I |
Totals | ||
| COST | |||||
| At 1 September 2019and 31August 2020 | 522,375 | 5,875 | 102,700 | 4,902,189 | |
| DEPRECIATION | |||||
| At 1 September 2019 | 522,357 | 5,875 | 102,700 | 1,018,507 | |
| Charge foryear | 18 | 57,447 | |||
| At 31August 2020 | 522,375 | 5,875 | 102,700 | 1,075,954 | |
| NET BOOKVALUE | |||||
| At 31August 2020 | 3,826235 | ||||
| At 31August 2019 | 18 | 3,883,682 | |||
| SOCIAL INVESTMENTS | |||||
| Programme | |||||
| related | |||||
| investments | |||||
| eqmty | |||||
| MARKET VALUE | |||||
| At 1 September 2019and 31August 2020 | 82,000 | ||||
| NET BOOKVALUE | |||||
| At 31August 2020 | 82,000 | ||||
| At 31August 2019 | 82,000 | ||||
| 10. | DEBTORS:AMOUNTS FALLING DUE | WITHIN ONE YEAR | |||
| 31.8.20 | 31.8.19 | ||||
| Trade debtors | 50,206 | 113,664 | |||
| Other debtors | 200 | 14,703 | |||
| 50,406 | 128,367 |
| 11. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | FALLING DUE WITHIN ONE YEAR | FALLING DUE WITHIN ONE YEAR | FALLING DUE WITHIN ONE YEAR | FALLING DUE WITHIN ONE YEAR | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| 31.8.20 | 31.8.19 | |||||||||
| Other loans (see note 13) | 24,474 | 99,555 | ||||||||
| Trade creditors | 54,936 | 42,052 | ||||||||
| Social security and other taxes | 10,223 | 15,709 | ||||||||
| Other creditors | 121,107 | 166,479 | ||||||||
| Accruals and deferred income | 34,880 | 53,281 | ||||||||
| 245,620 | 377,076 | |||||||||
| 12. | CREDITORS: AMOUNTS | FALLING DUE AFTERMORE THAN ONE YEAR | ||||||||
| 31.8.20 | 31.8.19 | |||||||||
| 527,975 | 507,883 | |||||||||
| 13. | LOANS | |||||||||
| An analysis ofthe maturity ofloans isgiven below: | ||||||||||
| 31.8.20 | 31.8.19 | |||||||||
| I | ||||||||||
| Amounts falling due within one year on |
demand: | |||||||||
| Other loans | 24,474 | 99,555 | ||||||||
| Amounts falling between one and |
two years: | |||||||||
| Other loans - 1-2years | 84,696 | 90,228 | ||||||||
| Amounts falling due between |
two | and five years: | ||||||||
| Other loans - 2-5years | 250,673 | 262,975 | ||||||||
| Amounts falling due in more |
than | five years: | ||||||||
| Repayable by instalments: | ||||||||||
| Other loans more 5yrs instal | 192,606 | 154,680 | ||||||||
| f700,000 from Futurebuilders | England | Limited, repayable | by instalments | over 20 years, commencing | April 2007 |
|||||
| with an interest rate of6'/o. | This | loan is secured by way ofa legal charge | on the propaty at St |
Swithin's Church, |
||||||
| Gillmoss Lane, LiverpooL | ||||||||||
| X375,000 fmm Futurebuilders | England | Limited, | repayable | by instalments | over 10 | years, commencing August |
||||
| 2013 with an interest rate of6'/o. |
This | loan is secured by way ofa second | legal charge over the | Communiversity | ||||||
| property, Alt Valley, Liverpool. |
| MOVEMENT IN FU | NDS | ||||
|---|---|---|---|---|---|
| Net | |||||
| movement | At | ||||
| At 1.9.19 | in funds | 31.8.20 | |||
| Unrestricted funds |
|||||
| General fund | 878,364 | 105,951 | 984,315 | ||
| Dovecot MAC | 483,999 | (4,001) | 479,998 | ||
| 1,362,363 | 101,950 | 1,464,313 | |||
| Restricted funds | |||||
| ERDF | 752,638 | (17,530) | 735,108 | ||
| SEIFSports | 479,285 | (19,522) | 459,763 | ||
| Power to Change | 25,000 | 25,000 | |||
| Sports England - Dovecot MAC | 34,803 | (357) | 34,446 | ||
| BigLottery - Dovecot | MAC | 607,053 | (6,228) | 600,825 | |
| Veolia Environmental | Trust | 44,156 | 44,156 | ||
| Skills Capital Funding | 222,798 | 222,798 | |||
| Sport England - Croxteth | 25,732 | 25,732 | |||
| 1,917,935 | 229,893 | 2,147,828 | |||
| TOTAL FUNDS | 3,280/98 | 331,843 | 3,612,141 | ||
| Net movement in funds, included |
in the above are as follows: | ||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 1,204,188 | (1,098,237) | 105,951 | ||
| Dovecot MAC | (4,001) | (4,001) | |||
| 1,204,188 | (1,102,238) | 101,950 | |||
| Restricted funds | |||||
| ERDF | (17,530) | (17,530) | |||
| SEIFSports | (19,522) | (19,522) | |||
| Drama | 1,500 | (1,500) | |||
| Power to Change | 25,000 | 25,000 | |||
| Sports England - Dovecot MAC | (357) | (357) | |||
| BigLottery - Dovecot | MAC | (6,228) | (6,228) | ||
| Liverpool City Council | 62,130 | (62,130) | |||
| BigLottery - Reaching | Communities | 103,000 | (103,000) | ||
| Include - ITMersey | 31,862 | (31,862) | |||
| Big Lottery - Awards for AR | 9,900 | (9,900) | |||
| BeYour Own Boss | 1,377 | (1,377) | |||
| Skills Capital Funding | 222,798 | 222,798 | |||
| Merseyside Play Action Council |
2,060 | (2,060) | |||
| Help to Health | 1,928 | (1,928) | |||
| Sport England - Cmxteth | 73,689 | (47,957) | 25,732 | ||
| MNF Fund | 4,700 | (4,700) | |||
| VOLA New Futures | 28,020 | (28,020) | |||
| 567,964 | (338,071) | 229,893 | |||
| TOTAL FUNDS | 1,772,152 | (1,440,309) | 331,843 |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1.9.18 | in funds | 31.8.19 | |||
| Unrestricted funds |
|||||
| General fund | 766,875 | 111,488 | 878,363 | ||
| Dovecot MAC | 488,000 | (4,000) | 484,000 | ||
| 1,254,875 | 107,488 | 1,362,363 | |||
| Restricted funds | |||||
| ERDF | 770,168 | (17,530) | 752,638 | ||
| SEIFSports | 498,807 | (19,522) | 479,285 | ||
| Awards for All 15-16 | 943 | (943) | |||
| Sports England - Dovecot MAC | 35,160 | (357) | 34,803 | ||
| BigLottery - Dovecot | MAC | 639,188 | (32,135) | 607,053 | |
| Veolia Environmental | Trust | 44,156 | 44,156 | ||
| 1,944,266 | (26,331) | 1,917,935 | |||
| TOTAL FUNDS | 3,199,141 | 81,157 | 3,280,298 | ||
| Comparative net movement |
in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 1,195,307 | (1,083,819) | 111,488 | ||
| Dovecot MAC | (4,000) | (4,000) | |||
| 1,195,307 | (1,087,819) | 107,488 | |||
| Restricted funds | |||||
| ERDF | (17,530) | (17,530) | |||
| SEIFSports | (19,522) | (19,522) | |||
| Awards for All 15-16 | (943) | (943) | |||
| Drama | 4,500 | (4,500) | |||
| Sports England - Dovecot MAC | (357) | (357) | |||
| BigLottery - Dovecot | MAC | (32,135) | (32,135) | ||
| Liverpool City Council | 165,540 | (165,540) | |||
| Cobalt Housing | 758 | (758) | |||
| Liverpool Community | College - Enterprise | ||||
| Hub | 116,522 | (116,522) | |||
| BigLottery - Reaching | Communities | 110,947 | (110,947) | ||
| Working Futures -NEET | 15,545 | (15,545) | |||
| Other Restricted Funds | 475 | (475) | |||
| Veolia Environmental | Trust | 58,656 | (14,500) | 44,156 | |
| Include - ITMersey | 35,121 | (35,121) | |||
| 508,064 | (534,395) | (26,331) | |||
| TOTAL FUNDS | 1,703,371 | (1,622,214) | 81,157 |