CENTRE 63 KIRKBY ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE ST YEAR ENDED 31 DECEMBER 2023 Company Number: 02227915 Charity Number: 700064
CENTRE 63 KIRKBY CONTENTS Page Trustees. Annual Report Statements of Trustees, Responsibilities Independent Examinerfs Report Statement of Financial Activities Balance Sheet Cash Flow Notes to the Financial Statements 10
CENTRE 63 KIRKBY TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023 The trustees are pleased to presènt their annual report for the year ended 31SI December 2023. The financial statements have been prepared in accordance with the charity's trust deed, 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 UK and Republic of Ireland published IFRS 102) (effective 1st January 2019). OBJECTIVES AND ACTIVITIES In so far as it is complementary to the charity's objects, the charity is guided by both local and national policy. Advi from local organisations has proved invaluable to the charity in establishing improved links within the community and identifying relevant policy developments and prospective funding. The principal objects and activities of the company in the yèar under review continued to focus on the development of Chrtstian worship and witness in and around Kirkby, Knowsley and the wider community by the advancement of education and the relief of need amongst young people In the community. This is achieved by providing leisure time activities designed to develop their physical, mental and spiritual capabiltties so that they may grow to full maturity as individuals and members of society. The charitable company operates a number of projects and initiatives and works in partnership with other agencies to ensure the widest range of services are available that best match the needs of its Client population. Public Benefrt Statement In considering the objectives and activities, the trustees have considered Charity Commission guidance on public benefit to ensure that the organisation is meeting its public benefit requirements. ACHIEVEMENTS AND PERFORMANCE The Centre Gontinues to build on its strengths in delivering essential services to those most in nÈÉd, 2nd its values and reputstion continue to be al the centre of all we do. The Social Supermarket has become a huge help to so many caught in the grip of the cost of living crisis, enabling families to have healthy and fresh food for a fraction of the price in the shops. The YES Project continues to help so many yDung people get a good start in housing, education, finance, etc. which has the potential to transform Itves. The Youth Groups have worked well with a diverse range of young people across the two age groups, and il has been heartening as a board to hear the stories of the young people we wort( with. On behalf of the board of trustees, we thank all the staff and volunteers who have worked so hard through the year to help all the beneficiaries of the charity. and to ensLEre that the Cenlre will continue for many years to come. The Centre has come a long way since those earty days, but the values and elhos have never changed. FINANCIAL REVIEW Total income in the year was £500,180 (2022= £461,943) of which £370,430 (2022: £378.973), related to funding for projeGts upon which restrictions are placed.
CENTRE 63 KIRKBY TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Total expenditure in the year was £504.562 (2022: £446,524) leaving a deficit for the year of £4,382 (2022: surplus £15,419). At 31 St December 2023 the charitable company's reserves stood at £87,314 <2022: £91.696) of which £20,087 (2022.. £24,461) preSented reslricted funds. Risk Management The main risks to which the charitable company is exposed as identified by the Trustees have been considered and systems have been eslablished to mitigate those rlsks. Reserves Policy It is the policy of the charitable company to maintain unrestricted funds. which are free reserves at a level to cover redundancy provision and three months. running costs should no further funding be received. As at the end of the financial year the unrestricted fijnds totalled £67,227. The charitable company requires £30,315 for redundancy provision, £21.788 for lease commitments and £32.440 for three monlhs. running costs. (total £84.543). The board of trustees are going to raise unrestricted funds through applying for addttional contradg and tenders, the launch of multi-use games area and increase the number of tenants and by increasing corporate fundraising. PLANS FOR THE FUTURE To ensure all our youlh club and projects are dèltvered safely with a foGUS on those most in need in our community. Become a charity of choice for funders focusing on the Centre's Gore projeGts. To attract more social inveslmenl as we see it as one of the best ways to generate social and environmental impact. Focus on large scale funding applications (both (apital and revenue) as well as sm311er funding sources, corporate fundraising, and individu81 donors, by continually revisiting our Funding Strategy. Continue to generate funding forthe refurbishment of the building and redu our carbon emissions. STRUCTURE. GOVERNANCE AND MANAGEMENT The organisation is a charitable company limited by guarantee, incorporated on 7th March 1988 {company number 02227915) and registered as a charity (charity number 700064) on 30th March 1988. The Governing Instruments under which the charttable company operates Gomprise the Memorandum and Articles of Association dated 71h March 1988 together with the policies made from time to time by the Trustees. TRUSTEES Much of the ch8rity's work focuses upon children and young people. The Trustees seek to ensure that the needs of these groups are appropriately reftected through the diversity of the trustee body. The Trustees are familiar wtth the ptactical wod( of the charity and are encouragèd to attend regular training and update sessions.
CENTRE 63 KIRKBY TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023 REFERENCE AND ADMINISTRATIVE DEfAILS Name Centre 63 Kirkby 02227915 Company Number Charity number Registered Office 700064 Centre 63 Church of England. Youth Centre Old Hall Lane Kirkby Liverpool L32 5TH Board of Trustees The Board Df Trustees are also its directors. Members are elected by Annual General Meetings of the members of the council in accordance with the Articles of Association. E Collins (Appointed 6th June 2024) Rev J Fagan - Chair C Joyce Rèv P Lea J Mclntyre R Talbolt J White Trustees (Resigned 6tt) June 2024) (Resigned 6th June 2024} (Appointed 6thJune 2024) Independent Examiner Ying Huang ACCA LCVS 151 Dale Street. Liverpool, L2 2AH Bankers Lloyds TSB PIC P.0. Box BX1 1LT Signed on behalf of the Board of Trustee5 Rev P Lea, Trustee Date".
CENTRE 63 KIRKBY STATEMENT OF TRUSTEES, RESPONSIBILITIES Company law requires the Trustees {who are also the directors for the purposes of company law), to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company as at the balan sheet date and of its incoming resources and application of resources. including income and expenditure. for the financial year. In preparing Ihose financial statemenls. the Trustees should follow best practice and= select suitable accounting policies and then apply them consistendy- observe the methods and principle in the Charities SORP.. make judgements and estimates that are reasonable and prudent. prepare the financi81.statements on the going concern basis unless it is inappropriate to presume that the company will continue as a goir)g concem; state whether applicable accounting standards have been followed. Subject to any material departure disclosed and exp18ined in the financial statements. The Trustees are responsible for maintaining proper ?ccounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The financial statements have been prepared in accordance with the chartty's trust deed, the Charities Act 2011 and Acc£kunting and Reporting by Charities= Statement of Rècommended Practicè applicable to charities preparing their accounts in accordance With the Financial Reporting Standard applicable in the UK and Republic of Ireland publishe(S (FRS 102) {effective 1st January 2019). By Order of the Board. J Fagan, Trustee Centre 63 Church of England, Youth Centre Old Hall Lane Kirkby Liverpool L32 5TH Date".
INDEPENDENT EXAMINER'S REPORT OT THE TRUSTEES OF CENTRE 63 KIRKBY I rep(Ml on the accounis of the charltable company for the year ended 31g1 December 2023, which are sel out on pages 7 to 21. The trustees (who are also the directors of the company for the purposes of company lawl are responsible for the preparation of the accounls. The trustees consider that an audit is not required for thls year under sectlon 144121 ol the Charities Act 2011 (the 2011 Act) and that an independenl examination is n88ded. It is my responsibility lo.. examine the accounts under section 145 of the 2011 Act, to follow the procedures laid down in the general Directions given by the Charrty Commission (under section 145(5)Ib) of the 2011 Act. and to slate whether particular matters have come to my attenlion. Res ediv res onsibilities of trustees and examiner 88S1 f inde endent examiners statement My examination was r2le out in accfjrdance wth general Directions given by the Charity Commisslon. An examination includes a review of the accounting records k8Pt by Ihe charty and a comparison of the accounts presented with those records. also includes consideration of any unusual items or disclosures in the accounts seeking explanations from the trustee5 concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequently no opinion is given as lo whether the accounts present a Irue and fairf view. and the report is limtted to those matters sel out in the stalement bel¢)W. Indè end6nl examinarfs In connectKtn with my examination, no matter has come lo my statemen atteDtKJn: {1) which gives me re8sonable ¢ause to believe that in. any material respect, the requirernents: to keep accounting records in accordance with section 386 of the Companies Acl 2006-. and to prepare accounts which acrd with the accounlinc records and comply with Ihe accounting requirements 01 seclion 396 of the Companies Act 2006 and with Ihe methods and principles of the Statement of Recommendec Practice: Accounting and Repong Charities have not been met: or (2) to which, in my opinion. attention should be drawn in Drder to enable a proper understanding of the account5 to be r&ached. Namo: Ylng Hu•ng Relevant professional qualification or body= ACCA Address.. LCVS 151, Dale Street. Llvefpool, L2 2AH Dated: ./0'112p24
CENTRE 63 KIRKBY STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME & EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31SV DECEMBER 2023 Notes Unrestricted Restricted Funds Funds 2023 2023 Total Funds 2023 Total FLJnds 2022 InGome and endowments from Donations and legacies Charttable 8Ctiwties Other trading activities 3a 3b 19,623 97,743 12,384 19,623 13,571 370.430 468,173 440,363 12,384 8,009 Total income 129.750 370,430 500.180 461,943 Expenditure on Raising funds Charttable acttvities 13.423 116,335 13.423 6,910 374.804 491.139 439,614 Total expenditure 129.758 374.804 504,562 446,524 Net {expendlture)Jlncome, net movement in funds (8} {4,374) (4,382) 15,419 Total funds brought forward 9.10 67.235 24,461 91,696 76,277 Total funds carrted forward 8-10 67.227 20,087 87,314 91,696 Th8 notes on pages 10 to 21 form part ofthese accounts. All the above amounts relate to continuing activities of the charitable company.
CENTRE 63 KIRKBY BALANCE SHEET AS AT 31st DECEMBER 2023 Company Number: 02227915 Notes 31Sf December 2023 31st December 2022 Fixed assets Tangible fixed assets 26,099 26.725 Current assets Debtors Cash at bank and in hand 64.747 69,735 64.747 69.735 Current liabilities Creditors: amounts falling due within one year (3,532) {4.764) Nèt current assets 61,215 64,971 Total assets less current liabilities 87,314 91,696 Funds: Unrestricted funds Restricted funds 67,227 20,087 67,235 24,461 8.10 87,314 91.696 These financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies. regime and in accordan with FRS102 SORP. For the period covered by these accounts the company was entitled to exemption under section 477 of thé Companies Act 2006 relaling to small companies. No mèmbers have qUired the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The trustees, who are the directors of the company. acknowledge their responsibility for complying wtth the requirements of the Act with respect to accounting records and the preparation of financial statements. Approved by the Board on= Rev P Lea, Trustee
CENTRE 63 KIRKBY STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31Sf DECEMBER 2023 Note 31st December 2023 31st December 2022 Cash fIows from operating activities Cash (used)Igener8ted from operations Investing activities Purchase of tangible fixed assets Purchase of intangible fixed assets Ir)terest received 17 14,988) 16,513 Net cash generated from in investing activities Nèt cash generated from financing activities Net increasel(Decrease) Tn cash and cash equivalents Cash and cash equivalents at beginnir)g of year (4.988) 16,513 69,735 53,222 Cash and cash equTvalents at end of year 64,747 69,735 Representedby." 31s1 December 2023 31st December 2022 Cash at bank and in hand 64,747 69,735
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 ST 1. Limited Liability The Gharity is a company limited by guarantee. Each memberfs liability is limited to £1. 2. Accounting Policies Basis of accounting Thè accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless othérwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the charity's trust deed, the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published (FRS 102, effective 1 St January 2019). The accounts are prepared in sterling. which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearesl £. The Charity has taken advantage of the provisions in Ihe SORP for Charities applying FRS 102 Update Bulletin 1 not to prèpare a Statement of Cash Flows. Going concern At the time of approving Ihe accounts, the Tnjstees have a reasonable expectation that Ihe Charitable Company has adequate resources to conlinue in operational existence for the foreseeable future. The Trustees have therefore adopted the going concern basis of accounting in preparing the accounts. Fund accounting Unrestricted funds are the diarity's free reserves available for the trustees to apply in accordance with the charitabl8 companls charitable objectives. Restricted funds are subject to specific restrictive conditions imposed by the donor. All restricted funds are accounted for as restricted income and expenditure for the purposes is Gharged to the fund. Income recognition All income is recognised On the charity has entitlement to the income, there is sufficient certainty of receipt and so it is probable that the income will be received, and the atnount of income receivable can be measured reliably. Donations and legacies comprise of donations and general grants which are recognised in the accounts when received. with the exception of known legacies which are accounted for when their receipt is certain. Income from charitable aclivities is recognised on an accrual's basis except for grants receivable, which are recognised on the date on which their unconditional payment is confirmed by the donor. Income from other trading activities relates to Fundraising and cafe income and is recognised when the amount is certain. -10-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2023 Expenditure recognition Liabilities are recognised as soon as there is a legal or constructive obligation commitling the charitable company to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accrual's basis. All expenses. induding stjpport costs and govemance costs, are allocated or apportioned to the applicable expenditure headings in the Statement of Financial Activities. Support and govemance cosls are applied to unrestricted funds unless specifically included in the restrictions, as specified by the donor. Expenditure on charttable activtties relate to the operation of the charity comprising of direct charitable expenditure to meel the objectives of the charitable company. Support and governance costs relate to the management and operation of the organisation and also compliance with constitutional and stslutory requirements in producing the annual report_ These are dealt with in the Statement of Financial Activities when payment has been approved by the charitable company. Fixed Assets Capital expenditure is stated in the balance sheet at cost les5 accumulated depreciation. Depreciation is provided to write off the cost of each asset over its expected useful life as below: Fixtures & Fittings Other Equipment Leasehold improvements Cash and cash equivalents Cash and cash eqtjivalents include cash in hand. deposits held at call with banks, other short-term liquid investments Wtth original maturities of three months or less, and bank overdrafls. 330/0 per annum straight line basis 5/0 per annum straight basis 10 /0 per annum straight basis Financial instruments The charity has elecled to apply the provisions of Section 11 'Basic Financial Instruments, and SeGtion 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes paty to the contractual provisions of the instrument. Financial assets and liabilities are offset. with the net amounts presented in the financial statements, whèn there is a legally enlorceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liabilily simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value ol the future receipts discounted at a market rate of interest. Financial assets classffied as receivable within one year are not amortised.
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31- DECEMBER 2023 Basic financial liabilities Basic financial liabilities. including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classiled as payable within on8 year are not amortised. Debt instruments are subsequently carried at amortised cost. using the effective interest rate method. Derecognition of financial liabilities Financial liabilities are dereGognised when the charity's contractual obligations expire or are discharged OF Gancelled. Taxation Income and gains are exempt from taxation as they are received and applied for charitable purposes only. The charitable company benefits from various exemptions from taxation afforded by lax legislation and are not liable to corporation tax on income or gains falling wtthin those exemptions. Critical accounting estimates and judgements In the application of the charTtls accounkn'ng policies. the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sOUrs. The estimates and 8ssociated assumptions are based on historical experience and other factors that are considered to be relevanl. Actual results may differ from these estimates. The estirrkates and undertying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revislon and future periods where the revision affects both current and future periods. 3. Income and endowments from Unrestricted Restricted Funds Funds 2023 2023 Total Funds 2023 Total Funds 2022 Donations and Legacies: Donations 19,623 19,623 13,571 Income from donations and legacies for 2022 related wholly to unrestricted funds. -12-
CENTRE 63 KIRKBY NOTES To THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2023 Unrestricted Restricted Funds Funds 2023 2023 Total Funds 2023 Total Funds 2022 b. Charitable activities: Cash for kids Children in Need Community Foundation for Merseyside Eleanor Rathbone Charitable trust ESF Community Grant Feeding BrKtain Henry Smith John Moores Foundation KMBC ILM KMBC Snap Knowsley MBC Knowsley Council Knowsley Better Together (Household support fund) Knowsley Covid 19 Support Fund LCVS Community Impact Fund Livv Housing Group Liverpool One Foundation Merseyside Energy Recovery Merseyside Recycling 2nd Waste Authority National Lottery- Reaching CDmmunities One Knowsley- Vaccine One Knowsley- HAF Room Hire Schuch Trust Social Supermarket Steve Morgan Foundation Vibe Workers Education ESF 2,800 10.500 49,044 3,000 4,090 2,500 37.500 5,000 10.000 25.374 10.000 25,374 31.500 31,500 8.161 8,161 2B,132 5,000 152,080 152,080 28.132 2,650 5,000 66,315 9,900 15,OCIO 5.000 3.000 5,000 3,000 5,000 3,000 3,788 2,000 2.000 2,667 2,667 10,666 89.572 89,572 102,278 4.984 15,012 42,729 2,350 4,376 24,667 9,285 3,929 68.807 68,807 15,775 15,775 8,000 8.000 13.105 13,105 97.743 370,430 468.173 440.363 Income from charttable activities Tn 2022 comprised £61,390 for unrestricted funds and £378,973 related to restricted fvnds. Unrestricted Restricted Funds Funds 2023 2023 Total Funds 2023 Total Funds 2022 ¢ Other trading activities Café income Fundraising 2.845 9.539 2,845 9.539 8.009 12,384 12,384 8,009 Income from other trading activities for 2022 related wholly to unrestricted funds -13-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2023 4. Expenditure on charitable activities Direct Support & Charitablè Govemance Expenditure Costs Total 2023 Total 2022 Provision of education, training. and programmes in a youth centre to Stjpport young people of Kirkby 379.534 111.605 491,139 439,614 a. Analysed as follows: 2023 2022 Dir&ct charitable expenditure.. Staff salary costs Pension Running costs Sessional workers and tutor lees Social supemarket expenses Volunteer expenses Travel expenses Training and conf&reDce Activities Hardship costs Commissions and consultancy fees 192,441 3,804 69,547 20.380 65.340 6505 74 564 15.807 4.772 300 184.111 3,374 43.637 49.975 14,694 8.793 800 5.919 8.359 21,841 3,806 379,534 345.309 Support & Governan costs." staff salary costs Pension Office costs Equipmènt hlre InsLfrance Legal & Professtonal fees Computer support HR Support Subscriptions Bank and card charges Payroll fees Account2ncy Deprèciation 32.593 726 28,820 17,221 7.571 25.938 186 20.815 9.137 7.305 3,090 18.841 525 3.829 1.249 719 1,260 1,411 10.672 2.223 7,906 1,192 790 1.265 626 111.605 94.305 Total expenditure on charitable activities 491,139 439,614 £374.804 (2022.. £372,347) of the above expenditure relates to restricted funding. -14-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2023 b. Staff Costs 2023 2022 Staff salaries Social security costs Pènsion costs 211,256 13,778 4,530 197.458 12,591 3,560 229.564 213,609 c. Particulars of employees: The average number of employees during the year. calculated on the basis of full-time equivalents, was as follows-. 2023 2022 Charitable activities No employee recèived emoluments of more than £60,000 during the year. The TrLJSteès are not remuneraled for their services and are not included in the above number of employees. No out-of-pocket expenseg were reimbursed to trustees in the year (2022: £nil). 5. Tangible fixed assets Flxtures & Fitttngs Other Leasehold Equipment Improvements Total Cost As at 15L January 2023 Additions during the year 7.1.391 5,168 22.820 99,379 Balance as at 31sI December 2023 71,391 5,168 22,820 99,379 Accumulated Depreciation As at 1st January 2023 Charge for the year 70,941 368 1.713 258 72,654 626 Balance as at 31st December 2023 71,309 1.971 73,280 Net Book Value at 31st December 2023 82 3,197 22,820 26,099 Net Book Value at 31st Decèmber 2022 450 3,455 22,820 26,725 -15-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2023 6. Debtors There were no debtors as at 31st December 202312022.. none). 7. Creditors: amounts falling due within one year 2023 2022 Accruals 3,532 4,764 8. Analysis of Net Assets between Fund5 Year end 2023 Tangible Fixed Assets Net Current Assets Total Unrestrictèd Funds General Fund 23,849 43.378 67,227 23,849 43.378 67,227 Restricted Funds Children in Need Henry Smith Knowsley Chambers Knowsley Council National Lottery- Reaching Comrnuntbes 615 8.750 615 8,750 2,250 4,054 4,418 2.250 4,054 4,418 1250 17,837 20,087 Totals 26,099 61,215 87,314 Year end 2022 Tangible Fixed Net Current Assets Assets Total Unrestricted Funds General Fund Knowsley MBC 24,258 42,971 67,229 24.264 42,971 67.235 Restricted Funds Henry Smith KnowsSey Chambers ational Lottery- Reaching CommLJnities P H Holt Foundation Rank Foundation 6.000 6,000 2,455 16,000 2,455 16.000 2.461 22,000 24,461 Totsls 26.725 64,971 91,696 -1
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 ST 9. Unrestricted Funds Movements in the year Income Expenditure Reserves at Beginning of Year Rèsèrves at End of Year Year end 2023 General Fund KnDwsley MBC 67.229 124,750 5,000 {124,752) (5.006) 67,227 67,235 129,750 (129,758) 67,227 Movements in the year Income Expenditure Reserves at Beginning of Year Reserves at End of Year Year end 2022 General Fund Knowsley MBC 58,238 204 82.970 {73.979) (198) 67.229 58,442 82,970 {74,177) 67,235 General Fund is used to finance the charitable company's general activities as outlined in the Trustees, Report. Knowsley MBC funding provides support of the employability for 30 young people (16- to 18- year-old and 19 to 24 year old with additional needs) -17-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2023 10. Restricted Funds Movements in the year Reserves Income Expenditure at Beginning of Year Reserves at End of Year Year end 2023 Children in Need Community Foundation for Merseyside Henry Smith KMBC Snap Knowsley Council Knowsley Chamber LCVS Community Impact Fund Livv Housing Group Merseyside Energy Recovery Merseyside Recycling and Waste Authorily National Lottery- Reaching Communities P H Holt Foundation Rank Foundation steve Morgan Foundation Workers Education 10,000 25.374 31,500 28.132 152,080 (9,385) (25.374) (28,750) {28,132) {148,026} 12051 (3.0001 (5,000) (2,0001 (2,667) 615 6.000 8,750 4,054 2,250 2,455 3,000 5,000 2,000 2.667 16.000 89.572 (101,154) (2) (4) (8.000) (13,105} 4,418 8.000 13.105 24.461 370,430 (374,804) 20,087 -18-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31- DECEMBER 2023 Movements in the year Income Expenditure Reserves 'at Beginning of Year Reserves at End of Year Year end 2022 Cash for Kids Children in Need Community Foundation for Merseyside Eleanor Rathbone Char(tabl& Trust ESF Community Grant Feeding Britain Ford Brit2in Trust Henry Smtlh John Moores Foundation KMBC Snap Knowsley Council Knowsley Covid 19 Support Fund Knowslèy Better Together Hardship Fund Knowsley Better Together Winter Support Knowsley Ch3mber Livv Housing Group Liverpool One Foundation Merseyside Recycling and Waste Authority National Lottery- Reaching Communilies One Knowsley- Vaccine One Knowsley- HAF P H Holt Foundation R3nk Foundation Schuch Trust Steve Morgan Foundation Workers Education 2,800 10,500 43.394 3,000 4,090 2,500 (2,800) {10,500) (43,394) (3,000) (4.090) (2,500) (2,550) (31,500) (5,000) (2.650} (4,915} (20,6501 (18,600) 2.550 37,500 5,000 2.650 4.915 20,650 18,600 6,000 52,700 (52,700) 2.660 1205) (3,000} (3,788) (11.263) 2,455 3,000 3.788 597 10,666 10,880 102,278 4,984 15,012 (97.158) (4.984) (15.012) (158) (984) {2,350) {24,667) (3,929) 16,000 160 988 2.350 24,667 3.929 17,835 378,973 (372.347) 24.461 Description of Funds These are monies given to the charitable company to be spent at the discretion of the Board of Trustees for specific charttable purposes, as follows: Cash for kids- ContribLJtion towards shopping vouchers to help families in crisis during Christmas holidays. Children In Need- Grant received towards salary youth club salaries Community Foundation for Merseyside- Contribution towards Courses and diversionary activities to engage at risk young people -19-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 ST Eleanor Rathbonè Charitable Trust- Contribulion towards the employment and support costs of a domestic violence rapid response worker with the Yes project ESF Community Grant- Grant for employability project and contributlDn towards centre running costs Feeding Britain- Contribution towards half term Provision of food and activTties for children and families Ford Britain Trust - Contribution towards the IT equipment Henry Smith- Contribution lowards salary costs John Moores Foundation- Contribution towards the Missing Link project KMBC Snap- Conlribulion towards the project over OGtober 2022 half ter Knowsley Council- Contribution towards Household support fund Knowsley Better Together Hardship Fund - Contribution towards food and essenlials Knowsley Better Together Winter Support- Contribution towards winter supplies Knowsley Covid 19 Support Fund - Contribution towards core costs Knowsley Chamber- Funding received to purchase a bike shelter. Closing balan represents net book value of shelter LCVS- Contribution towards the project °taking control- Livv Housing Group- Contribution towards hosting a Christrnas lunch & 100 hampers to young people, community groups & Liw housing tenants Liverpool One Foundation- Contribution towards the Greener Futures Programme Merseyside Energy Recovery- Contribution to deliver a medics Mental health course for the Youth club Merseyside Recycling and Waste Authority - Contribution toward the salary wsts for the bike hub projèct National Lottery- Reaching Communities- Contribution towards the young pèrson's project One Knowsley Vaccine- Contribution towards supporting local neorkS in regard to the Covid-19 Vaccines One Knowsley HAF- Contribution towards half term Provision of food and activities for children and families P H Holt Foundation - Contribution towards to provide 'food' project Rank Foundation - Contribution towards the salary costs of Business Development Worker. Schuch Trust- Contribution towards runnlng school holiday activities for children and young people Steve Morgan Foundation- Contribution lowards salaries of the Development Manger Workers Education ESF- Contribution towards Pebble in the Pond project -20-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 3157 DECEMBER 2023 11. Operating Lease Commitments As at 31sI DeGember 2023, the company had commitments in respect of photocopier leases as follows: 2023 2022 Due in one year Due one to two year Due two to fwe years 7.862 5,064 8.862 5,759 2,798 Totsl commitment's 21,788 8,557 12. Cash generated from operations 2023 2022 Surplus for the year Adjustment5for. Investment income Amortisation Depreciation Movements in working capital: {Increase)IDecrease in debtcirs Increase/(Decrease} in creditots Increasel(Decrease) in deferred income (4,382) 15,419 626 1.411 11,232) (317) Cash gÈnerated from operations (4,988) 16.513 13. Related Party Transactions There were no material r81ated paty transactions in the year that require disclosure (2022: none). 14. Guarantees The charitable company is limited by guarantee. At 31st December 2023 in the event of winding-up each member will contribute. if necessary. the sum of £1. 2023 2022 Number of members Total guarantees £5 £5 -21-