REGISTERED COMPANY NUMBER: 04275541 (England and Walej)
REGISTERED C1[AR￿y NUMBEIL. S19835
Audited Financial Statcmcnts for the Year Endcd 31 Au st 2024
Alt Vall Communi
TNst Limited
MAR Kilshaw Limitcd
99 st￿leY Road
B￿tle
Merscyside
L20 7DA

Alt Vail Communi
Th￿t Limit
Financial
f rth Y rEnded31
5t 2024
R¢port of the Trustees
Rqth of the Independent Auditors
8 to 11
Statemfflt of Financial Activities
12
Balpnce Sheet
13 to 14
Cash Flow Slaternent
15
Notes to th¢ Cash Flow Slatement
16
Notes to the Financial Statements
17 to 26

Alt Vatl Comrnuni
Trust limited
'stered number. 04275541
th¢ TnLSt
r the Year Ended 31 A
24
The trustees who are also directors of the charity for the purposes of the Cornpanies Act 2(K16, present their ryrt with
the financial statements of the charity for the ye8r ￿ded 31 August 2024. The l]ustees have adopted the provisions Df
Accounting and Reporting by Charities.. Slatement of Re¢Otnll￿lld￿ Pr￿tice applicable to charities preparing thfflr
accounts in accordance with the Financial Reporting Stallda￿ applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019).
Objeetfv￿ aDd aln
Alt Valley Community Trust (AVCT) is a Social Busine55 b&%ed In The North E&8t of Livcrpool. It seTves sevelal
clectoral w3r&s experiencing significant social and economi¢ challenges (as identified by the Yndices of Multiple
Deprivalion). It founded &8 an Educational Charity in 1988 but has since developed into a rnulti-facded anchor
OTganisation contributing to Individual Well- Being and sustainable Communitie&
Vision
Sustainable cornmunitie8 where cvcrybody achievcs their fLdL potcntial and Icads happy, hcalthy atd fvlfillcd Iiv&g,
Mission
We bring about positive Change in Ait Vailry and the wider community by developing innovative partnerships to
rnaximise opportunities in community ￿gagemen¢ education and trainin& sport 8nd wellbein& and b￿iness and
entery>rise.
Th¢ tlwity's ￿re objectlveg are:
l) To contiibute to the crcation of sustainable commtLnitics.
2) To provide eAlu¢ation and leisure trnining facilities to enable people to acquire and d¢vel(y v(Kational skills.
3) To train and educate pw)le through their leisure tirne activities so their health and wellking and rmditions of lift
rnay b¢ irnproved.
The ¢harity'S obj￿tiveS are prornoted through 4 key operational areas namely"
- Businc85 and Ernploymcnt
. Conununity Devclopment
- FAlucation and Trdining
- Sports and Wcllbcing
Publlc benent
Avcf was eslablished to provide a range of services to address disadvantsge in the Alt Vallry and surn)unding
neig1￿0Urh0OdS of Liverprmjl. Our activities are intended to improv¢ access to education and trainin& support for p￿pIC
cnterin8 cmployrnent and to provide cornrnunity faciliti&4 and well-being activitie4 all of which build a sustainable
AVCT h&$ grown to be one of the biggest social enterpris4 comrnunity organisalions in LiverpooL offering a UDique
rangc of services and facilities. AVCT has contracts with L1veryK￿l City Cw¢il for the delivery of education and SPOTts
activitics, the ESFA for the delivery of vocational training and taken over the management of som¢ Cily Council
community &ssets to keep them open and to maintain local s¢rvic&8 for local po)ple. Not Only has local ptQVi5ion been
retained. the f(M)tfall and the community use h&s in¢reas&1.
Av￿ is increasingly being called on to provkde additional support to local community organisations to keep them
going. This includes providing advice. staff expertise and affordable ofFice and meeting spac& The range of service
re8OUTCeS, partners and experience made Avcf an invaluable ru)urce for the north east of the city. The TLUSt's key
role a5 the main 'Anchoe organisation for the Alt Valley communities now extends to the North East wards of Yew Tffe
and Knoty Ash as wcll a8 Croxteth. Norris Green. Clubmoor and Fazakerley.
Page I

Alt Vall Communi
Tnjst Limited
isternl nurnber: 04275541
ort of the TNstees
AClllEvEmEf￿ AND PERFORLWCE
ch￿l￿ble a¢tivitie¥
The p)licios adopted in furtherance of these objectives arc reviewed on an annual basis. The Company ensures that
robust monitorin& evaluation and review pr￿¢$￿ are in pLace to evidence the impact and ¢ffwtivene&s of our
community f(￿ed worlL
Governance
The tTUStces have paid due rcganl to guidancc i&sucd by the Charity Commission in deciding what activitie5 the charity
should PUTSUe.
All company policies were rcviewcd, updatcd and internal fmancial controls for charitie5 documentation complcted at
th¢ AGM on 18th May 2024.
T￿￿1¢4$ have a150 ensured that they havc greater insight into operations and dclivery by conducting sitc Visits to
examine pn)8rcss and discuss i&sues with staff.
Staff And MAnAgement
Two consultants ￿1$1 senior staff and Trustees in developing plans for the The Executive Dirtor along with
the Assistant Chief Executive retain an overview of all Thjst activities including finance. Staff rc-stnthring is a
permanent feature of th¢ organisation and a pre-requisite for adapting to changing t%eds and contexts.
Community devdopment
All of Avcfs Community hubs have youth and elderly focused provision. Both youth and elderly initiatiVa8 have
sttured exceptional progress from a standing start wsition.
- Ellcrgre¢n ccntrc is full to capacity with nine partners in si￿, it is the for th¢ 8uccessfiJl DWP YoLLth Hub who
recognised that young people preferred community f￿USed provision to DWP offices. Hope University s(Kial wot*
8tudcnts sUp￿rt qcrvicc users. Staff have devised detail￿ c&s¢ studi&5 of how hard to rwh young pwple with
incrc&%in8 mcntal health need5 have been 8UPPOrted. Intensive intervention is rquired so arts and creative opportunities
provitsj as a means of improving Confidence and self-esteem. DWP commissioned reseenh circulated on 1st August
2024 highlighted the positive impact of Avcf's youth hub in supporting young people into employment.
- Dovccot hub, Th¢ cornmunity café and library have been merged to utablish an older pwsons, hub space. The sports
f￿LlIty has bttn rea0￿ and managed by AVCT'$ Swrts c¢ntre staff. The the&tr¢ space is being developed.
. Libr￿leS arc still operational but with reduced hours ￿ a result of financial constraintslinadequ8te grant frorn LCC.
Breck Road is the busiest base and now h&8 a high percentsge of BAME Service users so this I￿Ue is being addresse(L It
is becoming inerwinEly challenging to run ea¢h of our three libratie$ with a support grant of 55k per annum.
- Communiversity h&$ tw￿ fold provision as the educ&tion base and community hub. Successful grant applications
(Trailblazer Music) provided innovative creative projects such as young pwles, music, community p(Mk&sts and drama
opportunitics. The creative strategy h&$ proven to be very effective in encouraging people back into comrnunity hubs and
OUtre￿h youth work is developing well.
Sports & well41eiDg ¢entre
- Increasing footfaLI has been secuThl through initiatives such as holiday play ￿heM&S for young pu)ple. Av￿ has
refurbished the centre and Walton Sports Ccntre Continu￿ to be a vibrdnL busy, inclusive facility with VACePtional
¢ommunity 5UPWrt. One significant and recurring challenge is to address the pcK)r fabric of the building as the r￿f and
orts hall floor need replacing (LA had previously plcdga to thesc at the point of managrnt trdnsf¢r)
. More pern)erships have been developed witb health care sttvices.
Edu¢YdtiOll
Page 2

Alt Vall Communi
- The constantly shifting ducation landscape requires continuous review. Currently have approximately 120 learners on
programrnes fuftd￿ by loans, and Include IT- Mersey proJ￿t to promote digital Inclusio￿ Traineeships are no longer
available following a change in Government policy and level 2 progrdmm&s of stLLdy will be defunded in the near fikn.
The thision to withdraw from thc apprcnticc5hip contract was taken due to exc￿￿1ve bureaucratic demands. The
r￿illIng ¢ontra¢ts are well managed and fLLnders arc continually incrc&sing compliance and administrative proc¢duffs.
Wc anticipate Ixing offered growth to ddiver the adult Icarncr loans contract. Monitoring visits from Otsted confim
t[￿t re￿nable prog￿$$ is being made towards 5ccuring identified improvcmcnt ar￿. Adult Learning S￿VIce
contracts saw Avcf delivering courses for the l9+ a8e rdn8e in Croxteth and Yew Tree. To date all targets have been
et and quality of provision cited in varii)u8 documents such as an Ofsted Consultant's observation rq)ort&
Pagc 3

It Vall Communi
Tnjst Limited
istered numb¢r'. 04
7554
f t
i. the Year Ended 31 Au st 2024
FINANCIAL REVIEW
FiDall¢i￿ position
The Tntst continues to operate extremely tight financial margins. All financial years are equally challenging public
funding continues to be put under incre&sing pre￿ure. The Finan¢¢ Manager ensures Ih8t rigorous systems are applied to
secure efficiencie4 value for money and contract compliancc.
In summary there is total incoming resources in the acc4)unts for year ended 31 August 2024 of £2,117,711 wlth
expenditure on ¢haritabl¢ ￿tIvItieS £1,700,614, therefore net income of £417.097.
Although the net Income Ydbove Is £417,097, ￿ per note 3 And note 9, we recelved £654J07 from th¢ YDUtb
Investment Fund whlch w48 provlded 8pedficaliy to conthl)ute towards the refurblshmellt of bulldlw and the
provlslon of youth en%a8ements activitles. In a¢eordance wlth the terms of the grant, £456,001 wa8 8p¢nt In this
perlod to fund youth fo¢uJed c*pital improvenwits (nots 9) and the remalnder on youth provision Aero98 four
centra.
Since these costs are capital in nature, they arc not shown within the Statement ot Tr.ina￿lal Activities in the yv4r they
were incuTred. bul rathcr are gradually 'drip-f¢d' through the Incornc Statcrncnt ovcr time by way of a dep￿latIOn
charge. Accordingly, whilst the Statement of Financial Activities shows a surplu5 for the ycar within Rcstricted Funds of
£496,108, this is made up of tangible assets (specifically Fttehold and Leasehold propety) and not liquid cash.
Subsequent to the year4 we reeeived corrwondence from Liverpool City Council in rdation to a claim for hi5toriGal
PTQPty costs relating to Breck Road Librdry and WaLton Sports Centre. The amount bcing pursued by LiveTpJoI City
Council is disputed by ￿. as is the mcthod of calculation, and fijrther evidence lo substantiate the claim has been
requested. While we await fjjrther evidence it is impracti¢able to eximate the financial effect of the contingcnt liabiLity.
In ternis of the ch8ritys unrestricted fund8, the Statcmcnt of FinenciaL Activities shows thal there was a deficit for th¢
yeAr of £79.01 I vknich has reduced the clwity's general fund a¢¢ordingly.
Vhilst incrc&%ed costs havc affcctcd service provision we continue to provide Servic￿ that offer cxcmpiary value for
money. Next fllwicial ycaes forecast will include anticipa￿d losses of revenue, however we anticipate growth going
forwar(L We ￿nploY 30 staff and have a strong forward plan which puts Avcf and pathers in a good position to
respond to community need and provision of s¢rvice4 in the futuff.
The SLT have developed improved systems and proce$ses to ereate synergy between projects and their ￿ndIng streams.
Ncw pr(Kedures have 5trcngthened th¢ ilnpart of initiatives wch &s dderiy. creative and youth hub4 similarly financial
monitoring h&s SeCu￿d increased effectiven￿&
Youth Inv￿t￿ellt Fund
tn 2023 Av￿ became th¢ first successful recipient of a r￿icted £2.6 nillion wt from tILC Youth Tnvastment fun
solely for youth ￿uSed capital improvements and to provide engagement activities for young pcoplc across four siles.
. The Communiversity Hub. Outdoor theatre/perfomiance area with stage and seating* training kitch￿, rwordin8 &
podcast stud￿, music rehearsal room& solar panels. toilets and creative café.
- DoveLot MAC Hub. Kitchen has been extended and refurf)is￿l Solar panels added and a large multi-activity rwrn for
music and ¢reative/theatrfrbased use. Refurbishment of the gyn￿spOrts hall.
- EIIcTgre¢n Hub. Youth hub multi activity room, solar panels, training kitcha4 offices. interview room and reception
upgradcd This building has MO￿ confined space so possible fUtll￿ expansion required.
- VNC Hub. Ncw reception arw redesi￿ed and rcfutbi5hcd areas for youth provision including d￿ce/perf0rn￿cc
studios, bowling green ￿ a new outd(M)r sports base, solar panels, café, kitGILW tnulti-function areas.
A range of activities were plann&1 and young pecyle drove the agenda for provision which includes music, dram
podcastin& r￿OrdIng Studio￿ dance, perfonnance and 8POrt. AVCT wffe the first YIF (Youth Inva%tmcnt Fund)
ipient to complete provision hence on 1st August 2023 we hosted a Ministerial visit to The Communiversity (Lucy
Frazer. secretary of st*e for Culture. Media and Sport fonnally 0[￿n￿l the serYic&s).
Pagc 4

Alt Vail Communi
Tn￿t Limited
rt ftbeT
es
r thL Year Ended 31 Au
FINANCIAL REVIEW
Reserves policy
The Tn￿CeS have ￿essed the major nsks to which the charity is exposed. and ar¢ satisfteA1 that systems are in place to
mitigate exposure to the tnajor risks. The Trustees re￿larlY review the finance5 and budget fotccasts in th¢ ¢ontext of
an ever changing environment and monitor thc Trust's working capital requirements.
In line with Charkty Commission guidance, the Th￿tee6 believe a good reserves policy heIps the organi5ation to bc
prepared to deal with unforeseen erncrgencics or other Unexpect￿ needs for fimd%, such as an uncxpecta large repair
bill. There could also be a need to fund short-tern] deficits in a cash bud8Ct wh¢reby moncy necds to bc spcnt kfoT¢ a
fimding grdnt is received.
The TNsteffj in line with Charity Commission guidanc£ have therefore ￿tablished a reservcs policy whcrcby the
LU)restricted fvnds not committ￿1 or invested in tangible assets held by the Charity should bc approximately cqual
to three months of expenditure at currcnt levels. The TNstees are actively planning to build towards the sfated level of
serves,
Pgrtnerships
AVCT continues to work in collaboration with a rdnge of partners including the City Council. LivcrpcN)I City Regio
s(Kial hO￿ing providtts kry scrvices and most imwrtantly Il￿81 eommunity ¢)rganisations. We are fully con)mitted to
partnership working and this aspect is always an Inte￿al part of our work.
The Trnst continues to develop its work in the widcr community. buildtng on its successful Pa￿erShipS with
N¢ighboUrhC￿ Savices Company, and Vauxhall Neiglthurh(N)d Council.
AVCT h&s close w￿1n8 relationships with sevcrai Univcrsities sucb as Solent (under￿duate work experience), Hope
University (social worker plac¢ments), Edge HILI University {stsdent nurses placements) and The University of
Cambridg¢ (researching the impact of austcrity and Iwai support in Liverpwl)
VNC
As manaEemei)t agents we have arrested the deterioration and decline in provision by rationalising the premise5. A range
of serviccs are now e8tablished including activities for the Elderly, youth facilities, adult learning classes, food panty
p￿jeCt and holiday ptay ￿hemes. This 18 a rnajor community projcct requiring further thought and partne￿hIp work
with organisations sueh as Everton in the Community. The area needs a Community bas¢ Eiven that g) m￿Y
community- focused organisations have closed.
Our work and rc5ponsibilities &8 a Community Anchor organisAtion will continue to be the main driver influencing our
future strategies for community wtainability and well-being.
STRUCTURE, COVERNANCE AND MANAGEMENT
Governing document
The Lharity is conlrollal by its governing dLxumenl a deed of trnst, and ￿nstItUteS a limited companyy limited by
guarante4 as defined by the Q)mpanies Act 2(M)6.
Recndtment and Ydppolntnwit of truste
As set oul in the Articles of Awxiation there will be a rninimum of four trustCC5 and no morc than 5cvcntecn. When
considering the appointment of tnLStees the Board has tt8ard to the requirnent of any specialist skills needed For
cxarnplc M￿. L Baugh is an experienced Early Years P￿tItIoner with a Safeguarding Specialism and she joined the
board to assist in this Kgard in the delivery of the education and training progrdmtnes for the chatity.
None of the trustees h&s any beneficial interest in the company. All of the tnjsttts aTe members of the company and
guarantee to contribute £1 in the event of a winding up.
Page 5

Alt Vall commu￿1
Trnst Limited
ered number: 04275541
RUCTURE, GOVERNANCE AND MANAGEM
OrgaDi5ational structure
The board of truste￿. which can have up to 17 mernber4 administers thc charity. The board norniaLly meets quarterly
and thcrc are link directors who liaise with the Education and Training. Community DcvcloptTLcnL Sport and Well Being
and Business and Employment ManageT&
A Chief Exe£utive is appointed by the trustees to manage the day to day opcrations of the charity. In order to facilitate
effcctive opcration8 thc Chicf Executive has dclcgat(xl authority, Within ternis of delegation approved by the trusttts in
otKratiotMI matters including financ4 employrnent and programrnc delivery.
New tJuste¢s undergo an induction proce￿ lo ensure they are aware of their legal obligations under charity and wmpany
law, the Charity Commission guidance on publi¢ benefil and inforni them of the content of the Memorandum and
Articlcs of knciation as well &8 tbc recent financial ￿fOllnanCe of the charity. Trnstees will meet kny employce9.
other trustees and are encouraged tt> undertake appropriate external training to help facilitate the undertaking of their
rol
The Chair of the Board is completing a $kill8 audit to en8ure that bespoke wpport and training 1$ provided to ail truste¢s
2nd that a range of governance competcncies are in place.
Rtsk mAnagen￿llt
The tNstees have a dury to identify and review the risks to which the charity is exposed and to ensure appropriate
L¥mtrols aR in place ￿ provide reasonable assurdnce against frdud and error,
The truste4s have assessed the rnajor risks to which the charity is exposed, and are satisfied that systems are in place tr>
mitigate exposure to the major risks.
REFERENCE AND ADMtNISTRATIVE DETAILS
Regl8tered Company number
04275541 (England and Wa]es)
Regirt¢r¢d Charity number
519835
R￿stered offlee
Communiver5ity
Allcro￿ Housc
Alicross Road
Liverpool
Merseyside
LII OBS
Trnstse$
Ms A M Mason
Mrs L A Baugh
Mr G Brennan
Mr A Jennings
Dr B MctX)nough
A L Rimmer
Ms S A Swe¢ney
Mr R Mer&Jith
Mr P J H￿ton
Ms P Thornley
ConW￿Y S¢¢ret4ry
Ms S A Sweeney

Altv
ber: 04275541
REFERENCE AND ADM]M￿RATIVE DETAILS
Auditor5
MAR Kilshaw Limited
99 Stwdey Road
Boolle
Mersey8id¢
L20 7DA
STATEMENf OF TRUSTEES, RESPoNSIBIL￿lEs
The trustees (who also the directors of Alt Valley Community Tn& LimiteA for the puT￿se5 of company law) are
r￿0￿81ble for prepartng the Report of the Trustees and the financial statements in accordance with 8pplicable law and
United Ktngdom Accounting S&indards (Unit&l Kingdom Generally Accepted Accounting Practice).
Company law requires the tnLSte48 to prqwe financial statements for each fmancial year which give a tnte and fair view
of the srate of affairs of the charitable eAThpany and of the incoming reSoU￿S and application of resoureLs, including
thc income and expendityrfy of the clwitable company for that period. In prepwing thos¢ financial statement4 the
trustees are rquired to
8elKt 5uilable accounting wlicies and then apply them ¢onsistentlyi
observe the methods and principles in the Charity SORP;
makejudgements and estimates that are reasonable and prudenL'
prepore the fineneial $tat¢m¢nts on Éhe £oing concern b￿1$ unless it is inappropriat¢ to presum¢ that the Cbaritable
company will continue in business.
The ttustees ar¢ responsible for keeping proper a¢¢ounting records whi¢h di8clos¢ with rea9X￿ble accuTacy at any time
the financi81 positioTh of the charitable company and to enable them to ensure that the financial 8tatements comply with
the Companies Act 20CIfj. They are also responsible for safeguarding the assets of the charitable company and for
taking ￿&sonable step$ for th¢ pr¢v¢ntion and deteeti¢)n of fraud and other intgulariti¢$.
In so far as the trustees art aware:
there is no relevant audit infornution of which the chwitable companys auditors are Una￿ and
the liiistees have tak¢n di that they ought to hav¢ takffl to make th¢ms¢lves awar¢ of any T¢l¢vant audit
infom)ation and to establish that thc auditors arc aw￿￿ of that information.
AUDITORS
Thc audito￿, MAR Kilshaw Limited, will be Proposcd for rc-appointmcnt at thc forthcomin8 Annual Gcncral Meetin8.
This rq￿ has been PreP￿ed in accordance with the special provisions of Part 15 of the Cornpanies Act 2006 relating
to small companies.
Approvuj by order of the board of tsustees on ...,..o.l.-, ..o..E,.-,gs..,. gnd signed on its behalf by:
Mrs L A Baugh- Trustee
Pagc 7

of the Ind
ndent Auditors to the Trustees of
ni
Limit
Itv
Oplnlon
We havc audited the financial statements of Alt Valley Colllmunity Trust Limited (the 'chantable company,) for the year
ended 31 August 2024 which comprise the Statern￿t of Financial Activities, the Balance Sheet, the Cash Flow
Statement and notes to the fiT)ancial statcment4 including a Surn￿ary of significant accounting policies. The financial
reporting frnmewot* that has been applied in their Prwation is appIl￿ble law and United Kingdom Accounting
Standarth (United Kingdom Generally Accepted Accounting Prncticc).
In our opinion the financial statcmcnts:
give a true and fair view of the state of the charitsble company's aftairs as at 31 August 2024 and of its incoming
regources and application of resources. including its income and expenditure, for the year then cndcd.
have been prowly prEpared in accordance with United Kingdvtll Gcnerdlly A¢¢epted Ac¢ounting Practi￿ and
have been prepared in ￿rdall¢¢ with the rcquirement8 ofthe Compatii&s Act 2006.
BAsli for op]n￿]n
W¢ coDducted our audii in a¢¢ordance with International Standard5 on Auditing IUK) USAS (iIK)) and applicable law.
Our [S￿OnsIbl11t1¢8 Ulth those standards are further d&scribed in the Auditors, responsibilities for the audit of the
financial statements se¢tion of our report. We independent of the clwitabie company in accordance with the dhical
requirements that are relevant to our audit of the finanoial 5tat¢ments in the UK including the FRC5 Ethical Standard,
and we have fulfilled our oth¢r cthical responsibilities in accordance witk these requirements. We bclicvc that the audit
cvidcncc we have obtained is sufficient and appropri* to provide a b&sis for our opinion.
CoThdusion$ relating to golng concern
In auditing the financial statement& we have concluded that the trustees, usc of the goinB concern basis of accounting in
the preparation of the financi81 statements is appropriate.
B&5ed on the work we have perforne￿ we have not idenlificd any matcrial uncertainties relating to events or conditions
that, individually or collectively, may cast significant dcMJbt on the charitable company's ability to continu¢ &8 a going
eA)ncttn for a period of at le￿ twelve months from when the financial statements are authorised for issue.
Our resp)nsibilities 8nd the rcsponsibilitie8 of thc trustccs with rw¢¢t to going pJ)n¢¢rn ar¢ de8¢ribthl in the rel¢v8nt
sections of this rq￿rt.
Emphasls of matter
We draw attention to Note 15 in the fin8n¢ial statementy which de5cribcs a contingcnt liability relating to Livcrpool
City Council seeking to recover hi5tori¢al propety c05tS.
As at thc datc of our r¢poTL no follnal legal Claim has been madq and the outcome remains uncertain,
opinion is not m(Mlified in reSp￿t of this matter.
Otlv Informadon
The ttustees arc r￿￿$Ible for the other infornution. The other information comprises the infonnation included in the
Annual Report, other than the financial statements and our Report of the Independa]t Audit¢)ts therwn.
Our opinion on the fmancial staternents d￿4 not cover the other inforrnation an￿ exw to the extent otherwise
explicitly stated in our repoTL we do not expre￿ any fortn of ￿UranCe wnclusion thereo
tn ￿ectIOn with our audit of the financial statemcnts, our r￿￿sibility is to TeAd the other infornmtion an(l in doing
so, consider whether the other information is ￿￿1&llY in¢onsis¢¢nt wilh th¢ financial statements or our knowledge
obtained in the audit or (*herwise appears to be materially misstated. If we identify such material inconsistencies or
apparent m8terial rnisst8tements. we arc rquired to dctuminc whether this gives rise to a material rnisstatement in the
financial 5tatcment5 then￿1ve5. If, ba5cd on thr work we have perforn]gJ, we cO￿lUde that there is a material
mi&statemcnt of this othu infonnat10￿ wc are required to report that facL We have nothing to rep)rt in this re82rd.
Pag¢ 8

ort of th¢ Ind
Alt Vall Cornrnuni
TDJst Limited
Matters on whichwe are requtred to report by exceptton
We have nothing to report in respect of the following matters where the ChaTities (Accounts and Rcport5) Regulations
2008 rcquircs us to report to you if, in our opinion..
the information given An the Report of the TNsttts is inconsistent in any material respect with the financial
statements; or
the chariiable ¢omp8ny h&$ not kept adequate accounting rccords" or
the financial s&tements are not in a8reement with the accounting re¢ords and rdurns. or
we have not itLeived all the infomation and explanations we require for our audit,
Responslblllttes of trustee5
As explained more fully in the Statement of Trustees, Responsibilities the trusteeg (who are a]so the directors of the
chAritable company for the puo)oscs of conu)any law) ar¢ responsible for thc prcpalation of thc financial statfflients and
for being satlsfied that they give a true and fair view, and for such internal control as the trustees dctrninc is necessary
to enable the preparation of f￿anCIaL 8taternents that are free from material rnis8tatcmenL whetber due to fraud or effor.
Jn PTcpaTing the financial statcrnents. the trustees are rwn5iblc for asscssillg thc charitable companls ability to
continue &$ a goin8 concern, disc105in& as applicable, matters related to going conccrn and using the going concem
basis of accounting Unle￿ the tnjsttts either intend to liquid* the eharitable company or to ccasc operations, or have
no realistic altcrnativc but to do 50,
Page 9

of the In
cndent Auditors to the Trustees of
Alt Vall Commiini
Our respons1￿lJIt5¢s ft•r the audlt of the fiD￿cIal stAteD￿llts
We bave been appointed as auditors under Section 144 of the Charities Act 2011 and rewrt in accordance with the Act
nd relevant regulations made OT having eff*Xt thereunder.
Our Objectiv￿ are to obtain re&gonable &wrance about whether the financial statements as a wttole are from
material misstatement. whether due to fraud or error. and to issue a Report of the tndfpcndcnt Auditor5 that includcs our
Opinion. Reasonable assurdnce is a high level of assurance, but is not a guarantee that an audit conduc￿1 in accordan¢e
with ISAS (UK) will always dde¢t a material mi5Statement when it exists. Misstatement5 Can arise from fraud or error
and are considered m*¢rial if, individually or in the aggregate, they eLiuld reasonably be ffApecta to influence the
economic decisions of ￿serS taken on the b&8is of these financial statements.
Tbc extent to which our procalures are capable of drtecti￿ i￿eBUIarits4$, including fraud is detailed below..
We identified areas of laws and regu18tions that could rca%onably be vxpeded to have a material effect on the financial
statcments. from OUT g¢n¢Yal ¢ommercial and sector expcricnce. and tlwough discussio￿ with the ttilstees (as rcquired by
auditing standards) and discu&8ed with the trustees the policie5 and prcttdures regarding compliance with law8 and
rcgulations. We communicated identified laws and regulations throughout our tearn and rc[nai￿ alert to any indications
of nonwcompliance throughout the audit. The potential effect of thcsc laws and regulations on the financid ststcments
varies considerably.
Firstly, the company is SLtbject to laws and regulations that dirtttly affect the financial statements including fllwicial
reporting Iwslation and taxati¢)n legislation. We aS8&y￿d the extent of compliance with these laws and regulations as
part of our pr0ccdUr￿ on the related financial statement items.
Secondly. the company is subjcct to many other laws and regulations where th¢ consequenc¢5 of noncompliance could
have a material effe¢t on amounts or disclosur&s in the financial statements., for instance through the imposition of fines
or litigation. We identified thc following ar￿ &s those most likely to have such an eff￿1. Charities Act 2011, Health
and Safcty at Work Act and Ernployment Law.
Auditing standards limit the required audit procedures to identify non-conwliance with these laws and regulations to
enquiry of the dir￿torS and inspection of regulthry and legal corr¢bpond¢nK if any. Through these procedures we did
not beu)me awarc of any actual or suspected non-compliance.
Owing to the iTtherent limitation5 of an audil there is an unavoidable risk that we may not have dete¢t&l some m8terial
misstatemenLs in the financial statements, even though we have properly plat￿￿1 and performed our audit in accordance
with auditing Standa￿8. For exampl< the fithher removed non-compliance wtth laws and regulations (irre8ularities) is
from the events and transactions reflected in the financial statcmcnts, the less likely the inherently limitcd proccdurLq
rquired by auditing standarib would identify it. tn addition. as with any audit, the￿ remained a higher risk of
non-dete£tion of irregularitic4 &s thcyc rnay involve collusion, forgery. intentional omissions misrepresentations, or the
oveffide of intenmi conlrols. We are not rwonsible for preventing noncompliance and carmot be expected to detect
non-¢ompliance with all law8 and regulations.
We design procedures in line with our responsibilities, outlined below to detert material rniss¢at¢ment due to fraud:
. Mutters are discu&sed amongst the audit engagement team regarding how aThd where fraud might occur
- Identifying and &ssessing the d￿18n and effectiveness of Controls that management have in plaee
- Detecting and rfsponding to the risks. of frdud following di5CU5sions wilh llmnagement,
A further description of our rwonsibilitids for the audtt of the financial statements is located on the Financial RqK)rtin8
Council's website at www.frc.org.uklauditorrynsibilities. This dcscription forms part of our Repoil of the
tndependent Auditors.
Page 10

rt of th¢ Ind
ndent Auditors to the of
Alt Vall Comrnuni
Trust Limited
Use of our report
This report is made solely to the charitable company's trustee4 as a body, in accordan￿ with Part 4 of the Ch8rities
(Acwunts and Rcports) Regulations 2008. Our audit work bas been utLdertaken so that we might state to the ¢haritablc
company's ttustees those matters we are rcquircd to state to them in an auditors, report and for no other purpose. To the
Ilest extent pennittcd by law, we do not accept or assume responsibility to anyone other than the charitable company
and the charitable company's tn]stea8 as a body? for our audit work, for this TeporL or for the opinions we have forne
i£É £1 L£Y LsEnJiA sfATi/wfy rtL4•OJTo£)
MAR KiLshaw Lirnited
Eligible to act as an auditor in ternis of Section 1212 of the Companie8 Act 2(M)6
99 St￿leY Road
Bcrf)tlc
M￿seY$ld¢
L20 7DA
07.Of. 20
Pagell

Alt Vall Cornrnuni
.Thist Limited
tatement f Fin2nci
Activities
f r the Year ETJ
31Au
2024
31,8.24
Total
31.8.23
Ut]restricted
funds
RestricteAI
fi￿d8
fun&$
Note5
INCOME AND El￿￿mENTs FROM
Donations and legacids
110,524
Charftabk a¢￿￿t￿8
Spotts and wcllbein8
Education
Community ￿gagement
147511
444,017
401524
147511
571 J27
1,356,322
126,570
612,242
2,616.261
127,310
954,798
Other income
42,551
42,551
19.105
Total
1.035,603
1,082,108
2,117,711
3,484,702
Charitable activits
Sports and wellbeing
Education
Community en8agernent
165519
498,455
450.640
165519
740,170
794.925
150,611
718,127
793,438
241,715
344,285
Total
1,114,614
586,OCKI
1,7(K),614
1.662,176
Net gain￿(lo58￿) ¢)n inv¢stm¢nts
(81,977)
NET INCOMEI(EXPEI¥DITURE)
(79,011)
496,108
417,097
1,740,549
RECONCItJATION OF FUNDS
Total funds brought forward
2260280
3,686,025
5,946,305
4,205,756
TOTAL FUNDS CARRIED FORWARD
2,181269
4,181133
6,363,402
5,946J05
The notes forn] part of thcsc fmancial statements
Page 12

Att Vall Communi
Tn￿ Limited
Ba]anc
IAU
31.8,24
Total
filnds
31.8.23
Total
Unrestricted
funds
Restricted
funds
Note5
FIXED ASSETS
Tangible assets
Social invc¥ttnents
1,942,986
23
4,026,021
5,969,007
23
5,644,935
23
io
1,943.CK19
4.026.021
5,969.030
5,644,958
CURRENf ASSETS
Debtors
Prepayments and accrued income
Cash at bank and in hand
li
351,973
6,971
147,091
351,973
6,971
303203
264272
6,313
252279
156,1 12
506.035
156,112
662,147
522.864
CREDrroRS
Amounts falling due wiibin on¢ y¢ar
12
(267,775)
(267.775)
(221,517)
NET CURRKNfASSETS
238260
156,112
394,372
301J47
TOTAL ASSETS LESS CURRENr
LIABILITIES
1181,269
4,182.133
6,363,402
5,946,305
NET ASSETS
2,181269
4,182,133
6J63.402
5,946J05
FUNDS
Unrcstricted fimds
Restsicted funds
14
2,181269
4,182,133
2260,280
3,686,025
TOTAL FUNDS
6,363,402
5,946.305
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2(M)6 for the year
ended 31 August 2024.
The membth3 have not deposited notic4 pursuant to Section 476 of the Companies Acl 2006 requiring an audit of these
finan¢ial statements.
The trustee8 acknowledge their responsibilities for
(a)
ensuring tlut the Chatitable company keeps accounting record5 that Gomply with knions 386 and 387 of the
Companie5 Act 2￿6 and
preparing financiAI statements which give a trnc and fair view of the state of affairs of the charitable company a8
at the ffld of each fmancial ycar and of its surplus or deficit for each financial year in accordance with the
requirements of Se¢tions 394 and 395 and which othcrwisc comply with the requiranents of the CompaniGs Act
2006 relating to financial Statements. ￿ far ￿ applicable to the charitable comp8ny.
(b)
These financial statements have bcen audited under the rcquirements of Section 145 of the Charities Act 2011.
The note5 forni part of tlKse financial statements
Page 13

Alt Vau Communi
Tn￿ Limited
Balance Sheet- continue
These financial statements have L￿n prep￿￿ in xcordancc with the PTovisions applicable to chaTitable compania8
subject to the small companies regime.
The fthanciat statements were approved by the Board of TtU5tccs and authoriscd for issue on
O.n-.0.3--.&.S and were signed on its behalf by..
Mr5LABaugh-T
The nrtes fonn part of thcsc financial statem
Page 14

Alt Vail Cornrnuni
Tnjst Limited
ash Flow Statement
rthey En
IAU
24
31.824
31.8.23
Noles
Cash tIow5 from operating Aed￿tIeS
C&sh generated from operations
teTest paid
613,546
(2,238)
1,679,829
(6,855)
Nct cash provided by opcrating activities
611,308
1,672,974
Cash tlowj from Inveltlng grtivits¢s
knh&8e of tangible fixed assets
(456.001)
(ICK)6,675)
Net c&sh used in invasting activities
(456,001)
(ICK)6,675)
Cash flowi from finandllg acdvitie
Loan rwaym¢nts in year
(I04,383)
Net cash (U￿ inyprovidol by financing activities
(104,383)
Change itt ea8h Ittd equivaknts in
the reporting perlod
Ca8b and cash equfvalents At the
begiDning of tkn reporting peri(41
50,924
(333,701)
252,279
585,980
C￿h ra¥h equivalents fdt the end of
the reporting perlod
303,203
252279
The notes fonn part of these financial statanents
Page 15

Alt Vall Communi
ThLSt Lirnited
Notcs to the C&sh Flow Statement
RECONCILIATION OF NETINCOME TO NET CASH FLOW FROM OPERATING ACTIvrfiES
31,8.24
31.8.23
Nrt In￿Me for the reportlng perlod (ai per the Statemtnt of FAnAnclal
Acdvltles)
Adiustm¢ntg for:
Depwiation charges
Lo&ses on investm￿t$
Interest paid
tncrease in debtors
tn¢re&seJ(decrwe) in creditors
417,097
1,740,549
131,931
131.884
81,977
6,855
(10,243)
(271,193)
2,238
(88J59)
150,639
Net cash provlded by operatioD5
613,546
1,679,829
ANALYSIS OF CHANGLS IN NET FUNDS
At 1,9.23
Cash flow
At 31,8.24
Net caih
Cash at batth aTLd in hand
232279
50,924
303,203
252279
50,924
303,203
Debt
Debts fallin8 due within l year
(104,381)
104.381
(104,381)
104,381
Tot
147,898
155J05
303,203
The notes fottn part of th￿¢ financial statements
Page 16

Ttust Limitcd
to the Financial
f the Year Ended 31 Au
st 2024
ACCOUNTING POLICIES
Bgsls of prepArlng the lIn￿e121 Statements
Tr rinanciai statejncnts of the charitable company, which is a public bcncfit entity under FRS 102, have been
prepared in xcordancc with the Charitics SORP (FRS 102) 'ACC￿1ng and Reporting by Chatitia5: Statcmcnt
of Recommended Practice applicable to charities preparing their accounts in accA)rdance with the Financial
Rcporting Standth applicable in the UK and Rcpublic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 'The Financial Reporting Standard applicablc in thc UK and Republic of
Ireland, and the Companics Act 2006. The financial statetnents have been prepared undcr the historical c￿t
convention,
In¢on
All income is rttognised in the Statement of FinanciAI ArAivities onck the clwity has entitlement to the it
is probable ihat the income will be rKeived and the arnount can be me&wr￿1 reliably.
Liabilities arn rxogniscd as upenditure as scy)n as there is a IcgaE or constructive obligation comrnitting the
charity to that cxpcnditure. it is probable that a transfer of econornic b￿efits. will bc rquired in 8¢ttlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and h&
been clusified under headings that aggregate all cost related to the category. Where costs cannot be di￿dY
attributcd to particular hcadings thcy have been allocated to activities on a b8si3 consistent with the usc of
TADplJle fixed ass¢ts
Deprrfiation is provided at the following annual rate8 in order to wite off eath 88set over its Gstimated u8efi
life.
FTe¢hold prcycrty
Long leasehold
Improvements lo propety
IlJ/o on Cost
at varyiTJg rntes on cost
10/0 on cosL at Va￿ng rat&9 oll ¢ost and $tiBight line over the tem) of the
Plant and machinery
Fixtures and fitting6
Computer equiprnent
Straight line over4 yeaT3
Sttaight lin¢ ovw4 y￿8
330/0 on cost
UrKler FRS 102 8￿tIOn 35.Iqc) transitional provision4 the Th￿1¢¢5 have elethl to use the fair value of certain
freehold properties &8 a'deemed ¢ost', The valuation was undataken by Mason Ow¢n Chartered Surveyors. The
buildings will be subject to annual dwrcciation and no firther revaluations will IK ncccssary.
Soctsl Investments
Programme related sx)cial invastments are valued at fair value.
Tmtion
Th¢ charity is ex¢mpt from go￿OrAtion tax on its Charitable activiti￿.
Fund accountlng
Unrestrictcd fiU￿S can be used in accordance with the charitable objectives at the discretion of the tDJslee&
Rastricted funds can only be u8cd for parttcular rcstrictd purpos￿ within the thjeets of thc charity. Restriction5
ar1￿ when specified by the donor or when fi￿dS are rais￿ for particulat Te5trictcd purp05e5.
Further explanation of the nature and purw8e of fund is inclutsl in the note5 to the fiDan¢ial sta¢on¢nts.
Pen8lon colts and other post-retlremeDt bene
The chaTitable company operatcs a defincd contsibution prnsion ￿herna contn￿￿tions payable to the charitable
¢ompanYs pension scheme chwged to the Statement of Financial Activiti￿ in th¢ period to which th¢y ￿late.
Page 17
continued...

Alt Vall Communi
Trust Lirnited
ot&s
the Finan
Statement
ntinu&l
24
DONATIONS AND LEGACIES
31.8.24
31.823
110.524
INCOME FROM CHARITABLE AcfIviTILS
31.8.24
31.8.23
Activity
SFK)rts and wcllbeing
Sw)rts and wellbeing
Education
Education
Community cngagerncnt
Community aigagcment
Community ffl8agement
Community engagernent
GranLg
Sports Centre tncorne
Training income
Grants
Library management
Room hire
Room rental
147,511
444,017
127,310
165,0
53.764
176,095
961,463
116,626
442,292
169.950
165.(KKJ
19,395
146,796
2285,070
2,075,160
3355,073
Grdnts [C￿]Ve4 included in the abovA gjr os follows..
31.8.24
31.8.23
Sports England
Power to Change Trust
Livwl City C(NJncil
Big Lottery
Cobalt Hou6ing
Sefton Council for Voluntary Service
Ve￿lIa Environmcntal Trust
Steve Morgan Foundation
DepaTtmcnt for Work & Pension
New FutUTe$
Youth Investment Fund
Mctscytravel
Thc National Foundation for Youth Music
Skills Bootcamp& LCR
Community Found￿10n8 for Lancashi
CLA Charitsble Tn￿t
BRACE. University of Bimingha
Enterprise Credit Union
Ford Britain Trusl
Toynbee Hall Trading Limited
Future Stories Fund
Awar(Ls for All . CIL4TS
National Heritage Fund
National IAttery Community Fund
The Ptt)gress Partnetship
LCVS. Community ￿0V￿lOn Fund
Food Pantry
Tate Liverkxx>l
10,000
179J68
31,816
3,750
27,547
11600
8,720
43,734
7,520
2,056.000
14,992
25,767
4,140
21,848
143,687
1.465
41,578
57,734
654,307
14,992
2,863
4.165
70
748
1,000
3,000
3,450
8,932
19,800
89,775
24,247
10,778
1,500
7,500
1,088,773
2,464,964
Pagc 18
eontinued...

Alt Vall Comrnuni
TnEst Limite41
Notes to the Financial Statements-
for the Year End
ust 202
ntinued
CHARrrABLE AcrivrtlFS COSTS
Support
costs (see
note 5)
Direct
Costs
Sports and wellbeing
Education
Community engagement
103.438
438,807
620,883
62,081
301.363
174,042
165,519
740,170
794,925
1,163,128
537,486
1,71XI,614
SUPPORT COSV6
General
Finance
costs
Totals
Sports and wellbeing
Education
Community engagement
59,868
294.698
168,015
431
1.299
1,175
1,782
5.366
4,852
62,081
301J63
174.042
521581
1905
12,lJ)O
537,486
Support co# included in the above, are ￿ follows:
31.824
31.8.23
Sports
Cornmunity
en8agement
Total
activities
wellbeing
Education
activities
Premises costs
Repairs and ￿new&19
TTav¢l expensos
Postsge and.8tation¢ry
Sundries
Legal and professional fees
Depre¢i*ion of tangible
fixed ￿ets
charg
Interest payable and Similar
charges
Auditors, rmun¢tation
39,434
5,109
398
12
816
11,496
118,755
15387
1.21NI
38
2.458
34,618
107,363
18,928
1.085
34
265.552
39.424
1683
84
5,496
77.411
236,923
31,902
3,046
229
2,870
80,249
31.297
2,603
122242
298
7,086
270
131.931
667
131,884
693
332
1,782
I,ooi
5,366
905
4.852
2.238
12,(KK)
6.855
62,081
301 J63
174.042
537.486
505.751
Pagc 19
continuc(L..

Alt Vall Cornmuni
Trt￿ Limited
Notes to the Financial Statements - continu
NET INCOMEI(EXPENDITtIRE)
Net incomel{expenditure) is stated cIwgi￿(er¢ditlng).
31.8.24
31.8.23
Auditors, ranuneration
Dq)reciation. owned assets
12,000
131.929
i i,ic(i
131.884
TRUSTEES, REMUNERATION AND BENEFrrs
There were no trustees, reinunelation or othcr benefits for the year ffld¢d 31 August 2024 nor for the year end
31 August 2023.
TrnJtee8' expenseg
T￿￿ arc Teimbursed for out-of-pockd expenses incurred whilst carrying out thcir duti￿ on bchalf of Alt
Vallcy Community Tn￿t Limited. The aggregate value reimbursed for the year £11,443 (2023 £3,611).
STAFF COSTS
3L.8.24
31.8.23
Wages and sa]aries
Social security costs
Other pension costs
654,688
46,116
8,712
604,258
46,887
8,426
709,516
659,571
The average monthly number of employees during the year was as follows..
31.8,24
31.8.23
Teaching and trainees
C8retaker / cleaners
Office and managernetrt
Sports Cenire staff
Library staff
10
io
30
30
No employees received emoluments in excess of £60,000.
Page 20
continued...

Alt Vall Communi
Tn￿ Limited
ial Statements- cont
f r the Year Ended 31
24
TANGIBLE FIXED ASSETS
tmprovements
to
Freehold
property
Long
le&sehold
COST
At I Sq)ternber 2023
Additions
1,225,304
1,228,841
3,757,182
456,(M)I
At 31 August 2024
1,225,304
1,228,841
4,213,183
DEPRECIATION
Ai I September 2023
Charge for year
108.024
12,253
172,654
11,289
316.(￿1
91904
At 31 August 2024
I20.277
183,943
407,g¥J8
NEf BOOKVALUE
At 31 AugLLSt 2024
1,105,027
1,044,898
3,805275
At 31 August 2023
I,l17,280
1,056,187
3,441,178
Fixtures
Plant and
machinery
ComputeT
equiprnent
fittings
Totsls
COST
At I Swtember 2023
Additions
131,847
522,375
139,950
7,IY)5,499
456,001
At 31 August 2024
131.847
522,375
139,950
7,461,500
DEPRECIATION
At I Scwembcr 2023
Charge for year
101,557
16.483
522,375
139,950
IJ60,564
131,929
At 31 Au8USt 2024
118.040
522,375
139,950
1,491493
ET BOOK VALUE
At 31 August 2024
13,807
5,969.(K)7
At 31 August 2023
30,21XI
5,644,935
Pagc 21
continuc(L.,

All Vall Communi
Trnst Limited
Notes to the Financial Statements- continued
f r the Year Ended 31
LO. SOCIAL INVESTMENTS
Prograrnme
related
investments
equity
At I Septembcr 2023 and 31 August 2024
23
NET BOOK VALUE
At 31 August 2024
23
At 31 August 2023
23
ii.
DEBTOKS: AMOIINfs FALLING DUE ￿T￿[N ONE YEAR
31.8.24
31.8.23
Trade debtors
Other debtors
70.368
275,605
79,037
185235
351,973
264272
12. cRED￿ORS. AMOUNTS FALLING DUE w￿llIN ONE YEAR
31.8.24
31.8.23
Other loany (s¢¢aot¢ 13)
TTzdc crcditors
Social security and other tax
Other creditors
ruals and defaTed income
104J81
47,654
71,414
20,604
144.606
31.151
21868
46,614
267,775
221,517
13. LOANS
An analysis of thc maturity of loan8 is given below..
31.8.24
31.823
Amounts f811ing due within onc ycar on demand:
Other lo8￿%
104,381
£700.000 from Futurebuildcrs England Limite￿ repayable by iLstalments over 20 years, ¢ommen¢ing April 21K17
with an interest rate of 311/.. This Iijan is seourna by way of a Ic8al charge on the PToperty at Gillmo&s Lane,
Liverp￿1.
Pag¢ 22

Alt Vail
muni
Tn￿ Lirnited
otes to the Financial Statements- c
ntinucd
14. mOVEME1￿1N FUNDS
Net
movement
in fillids
At
31.8.24
At 1.9.23
UDrestricted funds
General fimd
2,260,280
(79,011)
2,181,269
Re8trithd
ERDF
SEIF Sport5
Sports England- Dovecot MAC
Big Lottw- [x)Ve¢￿ MAC
The Clothwork¢TS Foundation
Youth Invc5tmcnt Fund
The National Foundation for Youth Music
Future Stories Fund
Awards for All- CHATS
National H￿ltage Fund
National Lottery Community Fund
682,518
401.197
33,375
582,141
25,000
1,960,194
1,600
(17,530)
(19,522)
(357)
(6228)
(12.500)
422,891
(I,6Crf))
8.932
13,200
89,775
19,047
664,988
38L,675
33,018
575.913
12,500
2,383,085
8.932
13200
89,775
19,047
3,686,025
496,108
4,182,133
TOTAL FUNDS
5,946,305
417.097
6J63,402
Pagc 23
continued...

Alt Vall Communi
Notes to the Financ
th Ye2rEnded
14.
MOVEMEIYT IN FUNDS- CODthiued
Net movement in fun(ts, included in the above are as follows:
tncoming
resourccs
Resources
cxpcndcd
Movemcnt
Unrestrleted fund8
Gen￿al fiuid
1,035.603
(1,114,614)
(79,011)
EBJ)F
SF.IF Sports
Sports England- DDvecot MAC
Big Lottery- Dovecot MAC
Liverp(KJl City Cwicil
Cobalt Houssng
Scfton Council for Voluntary Service
Include- ￿ Mersey
HAF Funding
Youth Hub
The Clothworkers Foundatis)n
Youth Investment Fund
Mcrwtravel
The National Foundation for Youth Music
Ski118 Bootcamp
Future Stories Fund
Awards for Ail- CHATS
National Heritage Fund
National Lottay Co￿￿Lunity Fund
LCVS . commL￿Ity Innovation Fund
Food Pantry
(17,530)
(19,522)
(357)
(6,228)
(123,145)
(250)
(10.778)
(41,578)
(20,542)
(57,734)
(12,500)
(231,416)
(14,992)
(4,463)
(4,165)
(17,530)
(19,522)
(357)
(6,228)
123.145
250
10,778
41.578
20,542
57,734
(12S1)J)
422,891
654,307
14,992
1863
4,165
8,932
I9,8￿)
89,775
24,247
1,500
7,500
(1,600)
8,932
13,2(rf)
89,775
19,047
(6,61X))
(S,2￿}
(1,500)
(7,500)
1,082,108
(586,000)
496,108
TOTAL FUNDS
2,117,711
{1.700.614)
417,097
Page 24
continued...

Ait Vail Cornmuni
Tn￿ Limi
Not&% to the Financi￿ Statcments-
IAU
I& MOVEMENT IN FUNDS. continued
Comparadve5 for movement In fund5
Nct
movernent
in funds
At 1.9.22
31.8.23
Unrestricted fllnds
¢ral fund
1425,388
(165,108)
2,260,280
Restrfcted funds
ERDF
SEIF Sp)rLs
Sports Englwl- Dovecot MAC
Big Lottery- Dovecot MAC
The Clothworkers Foundation
Youth Investment Fund
TheNationai Foundation for Youth Music
700,048
420.719
33,732
588J69
37,500
(17.530)
(19.522)
(357)
(6,228)
(12,5QKI)
1,960,194
682,518
401,197
33 J75
582,141
25,000
1,960,194
1,6
1,780J68
1.905,657
3,686,025
TOTAL FUNDS
4,205,756
1.740,549
5.946 J05
compa￿tI￿ n¢t mov¢mMt in funds, included in the above as follows:
Incoming
re50urc¢s
Gains and
losses
Movement
in funds
cxp¢nd¢d
Unreltrkted funds
Genernl fuod
1,034,556
(1.117.687)
(81,977)
(L65.108)
(17,530)
(19,522)
(10,301)
(6,228)
(155.040)
(3,750)
(7.520)
(31,816)
(12,600)
(27,547)
{8.720)
(24,328)
(43,734)
(12500)
(95.806)
(14.992)
(24,167)
(4,14Q)
(21,848)
(14(K))
(17530)
(19,522)
(357)
(6228)
S￿F Swts
Sports England- DoverA MAC
Big Lottery . Dovecot MAC
Live￿c￿l City Council
Cobalt Housing
Sefton Council for Voluntary Service
Bi8 Lottery- Reaching Communities
Veolia EnVirOnnw￿ Trust
tncludc- ￿ Mersey
Steve Morgan Older PersoLs Hub
HAF Fundtng
Youth Hub
The ClothwoTkas Found*ion
Youth tnvcgtment Fund
Merseytrnvel
The National Foundation for Youth Music
Sknlls Bootcamp
VRP Sports. Arts and Culture
CLA Chariiable Tn
9.944
155,040
3,750
7,520
31.816
12,600
27,547
8,720
24,328
43.734
{12,5(M))
1,960,194
2,056.000
14,992
25.767
4.140
21,848
2,400
1,6(Ki
1450,146
(544,489)
1,905,657
3,484,702
(1,662,176)
(81,977)
1,740,549
Page 25
continued...

Alt Vall Comrnuni
Tn￿t Limited
Nottt to the Financial Statements- continued
24
I& CONfiNGENT LIABILITIES
Subsequent to the year-end, Alt Vallry Community Ihtst Limiteil received eorKspondence from Liverpool City
Council in rdation to a claim for historical propety ¢osts r¢lating to Brcck Road Library aud Walton Sports
Centrc. The alnount being putsucd by LivcTpooI City Council is disputed by Ait Valley Community Trust
Limitel as 15 the ￿ethOd of Calculatio￿ and further evidence to substantiate the claim h&s been requested. While
AIt Valley Community Trust Limited await further evidence it is imprdcticable to estimate the fin8J)cial eff￿t of
the contingcnt liability.
8 at tbe date of approval of th¢8c financiaL statcmcnts, no fonnal legal claim has been initiated, and the outcome
retnains uncertain.
Accordingly. the charity has not recwised a liability in respect of this amount. Howcvcr, in line with FRS 102
Section 21, thc arnount is dibcloscd as a contingvnt liability, as there is a po&sible obligation arising from past
event5, the cxistcncc of which will bc confimicd only by fiLture events not wholly within the charity's control.
Management continues to monitor the siruati¢)n and will reassess the p08itii)n shouLd further developrnents arise.
16.
RELATED PARTY DISCLOSiJRES
Durtng the year, the charity entered into transactions, on an arnis length with comrnunity organisation5
The Ncighbourhocd ScrvicLs Company Limitrf Vauxhall Neighbourh￿d Ccrtmcil Limited and NSC Care Lld;
all related parties by virtue of tbere being common dIr￿tors.
During th¢ year £80,000 was 10£n￿ to V8￿XhalI Neighbourhood Council Limited. At 31st August 2024, the
charity was owed £264,935 from Vauxhall Neighbourhcd Council Limited by way of other dcbtors. (31st
Au8U5t 2023 - £184,93S)
17. COllYG COiYCERN
The financial thtements have been prcparcd on a 80ing concern bas.￿. In forniing this view, the trustees have
¢onsid¢r¢d the ¢harity'S fitwicial position. cash flow forecasts, and operational p18ns for ihe next 12 months.
As disclosed in Note 15, thc charity is 6ubjcct to a potcntial claim from Liverpwl City Council in relation to
hist￿7¢￿1 prr)p¢rty wsL$. The level of these charges are disput￿ in the abs¢n￿ of validating evidence.
No fonnai legal proceedings have commenced, and thc tNstecs consider the like11h￿)d of an outtlow of
econornic ￿SOU￿e$ to be uncertain at this stagc.
The trnsteas have 8sse&4ed the potential impact of this rnattcr on thc charity's tinancial position and are confident
thaL even in the evenl of an adverse outcome, the charity h&$ sufficient resources to continue operating for the
foreseeabl¢ future. A(¥ordingly, the financial statements continue to bc prcparcd on a going Goncern b&sis.
Page 26