CENTRE 63 KIRKBY ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED ST 31 DECEMBER 2024 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 10 Notes to the Financial Statements
CENTRE 63 KIRKBY TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024 The trustees are pleased to present their annual report for the year ended 31st December 2024. 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 (FRS 102) (effective 1 St 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. Advice 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 year under review continued to focus on the development of Christian 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 capabilities so that they may grow to fvll 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 Benefit 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 Over the past year, the team has continued to deliver a wide range of services supporting residents. Demand for support remains high, particularly around food poverty, energy advice, housing advice, wellbeing, and training provision. Staff have adapted well to increased workloads, and morale remains positive. Funding opportunities are being explored to sustain key programmes beyond the current financial year. The year has also seen stronger partnership working with local agencies, contributing to improved outcomes for beneficiaries such as training providers delivering employability courses. The health partnership working with GPS, Aintree Hospital and John Moores University to produce the Kirkby Kitchen cookbook to reduce food going to landfill and encouraging beneficiaries to become healthier and to improve their life chances. Working with Mersey care on health projects for children on dental care and eating healthy to reduce diabetes in later life. Working with JCP and Career Connect to improve outcomes for 16 to 18 years to promote education and employment opportunities. Youth Club and holidays activities provide a safe place ft)r young people aged 8 years to 18 years engage in sports, craft activities and for the older age group to build on healthy relationships, learn to cook and eat healthier and be in a safe supported space.
CENTRE 63 KIRKBY TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024 Key Achievements Building renovation of part of the centre is now complete with the Youth Investment Fund. Youth Club has seen a significant increase of young people attending targeted provision for sports, wellbeing and crafts. Local youth football hires the pitches to train in a safe environment locally at low cost to encourage fitness. Youth providers neOrk with youth provides agencies working stronger together to increase activities for youth locally. Increased partnership work with training providers which has seen an increase in adults gaining qualifications and moving into employment. Food nL)twork of providers has increased as the demand caused by the cost-of-living crisis, this has created a growth in providers working together collectively. The Youth Enquiry Service supports the community with access to energy advice and vouchers as well as increased housing advice. Funding for health projects for families and youth through LIVV Housing has seen an increase of families attending to learn to cook and eat healthier. Police Participatory funding has seen an increase in young people acSsIng further education through the progression opportunities. Right to Succeed funding secured for 0 years has allowed a diversionary project for the older youth on a Friday evening to help redu anti-social behaviour which is proving to be very successful with a high number of the young people moving into colleges locally. KMBC funding from the Hardship team to support the social supermarket with affordable healthy food and Public Health funding to offer Winter Wellness activities and food to reduce social isolation during the winter months by offering a warm place to have hot notorious food meal and drink and accessing services of support for mental wellbeing and health initiatives. Fundirig for the youth club has been sucSsful with increased number of young people accessing services 5 nights a week. Successfully recruited volunteers to run the increased days for social supermarket. Current Priorities and Ongoing Work To continue to build on youth activities for 16 to 18 years to ensure they have access to education and training. To build on youth club with activities to increase health and well-being for all young people. To increase the Youth Enquiry Service to allow more people leaving care to gain support to sustainable tenancy. To gain further funding to complete the ongoing renovation of the building. Challenges and Risks The challenge to Centre 63 is being successful in grant applications for the renovation project. A challenge is the gaining core and running costs to the centre for the Youth Enquiry staff. Hardship grant funding for the Social Supermarket.
CENTRE 63 KIRKBY TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024 FINANCIAL REVIEW Total income in the year was £608,628 (2023: £500,180) of which £463,534 (2023: £370,430), related to funding for projects upon which restrictions are placed. Total expenditure in the year was £556,082 (2023: £504,562) leaving a surplus for the year of £42,546 (2023.. deficit £4.382) At 31 St December 2024 the charitable company's reserves stood at £129,860 {2023.' £87,314) of which £39,070 (2023.. £20,087) represented restricted funds. Risk Management Thw main risks to which the charitable company is exposed as identified by the Trustees have been considered and systems have been established to mitigate those risks. 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 funds totalled £90,970, less unrestricted fixed assets net book value of £23,713 leaving free reserves of £67,257. The charitable company requires £9,401 for redundancy provision, £13,926 for lease commitments and £30,383 for three months, running costs, (total £53,710). PLANS FOR THE FUTURE To develop further training for 16 to 18 and 19 plus leading to employment opportunities. To continue with refurbishment to improve the ascetics and create further rooms for hire in the centre to generate income. 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 charitable company operates comprise the Memorandum and Articles of Association dated 7th March 1988 together with the policies made from time to time by the Trustees. TRUSTEES Much of the charity's work focuses upon children and young people. The Trustees seek to ensure that the needs of these groups are appropriately reflected through the diversity of the trustee body. The Trustees are familiar with the practical work of the charity and are encouraged to attend regular training and update sessions.
CENTRE 63 KIRKBY TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024 REFERENCE AND ADMINISTRATIVE DETAILS 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 of 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 Rev J Fagan - Chair (Appointed 6th JLJne 2024) C Joyce Rev P Lea J Mclntyre R Talbot J White Trustees (Resigned 6th June 2024) (Resigned 61h June 2024) (Appointed 6th June 2024) Independent Examiner Ying Huang ACCA LCVS 151 Dale Street, Liverpool, L2 2AH Bankers Lloyds TSB PIC P.0. Box BX11LT Signed on behalf of the Board of Trustees Rev P Lea, Trustee Date: Is. 10.15
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 balance sheet date and of its incoming resources and application of resources. including income and expenditure. for the financial year. In preparing those financial statements, the Trustees should follow best practice and: select suitable accounting policies and then apply them consistently- observe the methods and principle in the Charities SORP: make judgements and estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is inapprop'.':ate to presume that the company will continue as a going concern" state whether applicable accounting standards have been followed, subjettt to any material departure disclosed and explained in the financial statements. The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable comp2ny 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 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 (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: Zs
INDEPENDENT EXAMINER'S REPORT OT THE TRUSTEES OF CENTRE 63 KIRKBY I report on the accounts of the charitable company for the year ended 31sI December 2024, which are set out on pages 8 to 23. The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the 2011 Act, to follow the procedures laid down in the general Directions given bg the Charity Commission (under section 145(5)(b) of the 2011 Act, and to state whether particular matters have come to my attention. Res ective res onsibilities of trustees and examiner Basis of inde endent examinerfs statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees conceming 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 to whether the accounts present a 'true and fairf view. and the report is limited to those matters set out in the statement below. Inde endent examinerfs In connection with my examination, no matter has come to my statement attention: (1) which gives me reasonable cause to believe that in, any material respect, the requirements. to keep accounting records in accordan with section 386 of the Companies Act 2006. and to prepare accounts which accord with the accountinc records and comply with the accounting requirements o. section 396 of the Companies Act 2006 and with th methods and principles of the Statement of Recommendec Practice: Accounting and Reporting Charities have not been met. or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Name: Ying Huang Relevant professional qualification or body.. ACCA Address: LCVS 151, Da e Street, Liverpool, L2 2AH Dated".
CENTRE 63 KIRKBY STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME & EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST DECEMBER 2024 Notes Unrestricted Restricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 Income and endowments from Donations and legacies Charitable activities Other trading activities 3a 3b 3c 24,870 113,456 6,768 24,870 19,623 463,534 576,990 468,173 6,768 12,384 Totsl income 145,094 463,534 608,628 500,180 Expenditure on Raising funds Charitable activities 12,133 109,398 12,133 13.423 553,949 491,139 444,551 Total expenditure 121,531 444,551 566,082 504,562 Net incomel{expenditure), net movement in funds 23.563 18,983 42,546 (4,382) Total funds brought forward 9.10 67,227 20,087 87,314 91,696 Total funds carried forward 8-10 90,790 39,070 129,860 87,314 The notes on pages 11 to 23 form part of these accounts. All the above amounts relate to continuing activities of the charitable company.
CENTRE 63 KIRKBY BALANCE SHEET AS AT 31 DECEMBER 2024 ST Company Number: 02227915 Notes 31st December 2024 st 31 December 2023 Fixed assets Tangible fixed assets 25.759 26,099 Current assets Debtors Cash at bank and in hand 23,891 83,797 64,747 107,688 64,747 Current liabilities Creditors.. amounts fallirg due within one year (3,587) (3,532) Net curreDt assets 104,101 61,215 Total assets less current liabilities 129,860 87,314 Funds: Unrestricted funds Restricted funds 90,790 39,070 67,227 20,087 129,860 87,314 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 accordance with FRS102 SORP. For the period covered by these accounts the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required 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 with the requirements of the Act with respect to accounting records and the preparation of financial statements. Approved by the Board on: PCLOA Rev P Lea, Trustee
CENTRE 63 KIRKBY STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST DECEMBER 2024 Cash flows from operating activities Note 31st December 2024 31st December 2023 Cash generatedl(used) from operations Investing activities Purchase of tangible fixed assets Purchase of intangible fixed. assets Interest received 17 19,050 (4,988) Net cash generated from in investing activities Net cash generated from financing activities Net increasel(decrease) in cash and cash equivalents Cash and cash equivalents at beginning of year 19,050 (4,988) 64,747 69,735 Cash and cash equivalents at end of year 83,797 64,747 Represented by." 31st December 2024 31st December 2023 Cash at bank and in hand 83,979 64,747 -10-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 ST 1. Limited Liability The charity is a company limited by guarantee. Each member's liability is limited to £1. 2. Accounting Policies Basis of accounting The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless othetwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordan 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 (FRS 102, effective 1 St January 2019). The accounts are prepared in sterling, which is the functional currency of the charity. Monetary arnounts in these financial statements are rounded to the nearest £. The Charity has taken advantage of the provisions in the SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. Going concern At the time of approving the accounts, the Trustees have a reasonable expectation that the Charitable Company has adequate resources to continue 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 charity's free reserves available for the trustees to apply in accordance with the charitable company's charitable objectives. Restricted funds are subject to specific restrictive conditions imposed by the donor. All restricted funds are accounted for as restrtcted income and expenditure for the purposes is charged to the fund. Income recognition All income is recognised once 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 amount 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 activities 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 rtaIn. -11-
CENTRE 63 KIRKBY ST NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 Expenditure recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing 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 basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the Statement of Financial Activities. Support and governance costs are applied to unrestricted funds unless specifically included in the restrictions, as specified by the donor. Expenditure ori charitable activities relates to the operation of the charity comprising of direct charitable expenditure to meet 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 statutory 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 less 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 equivalents include cash in hand. deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. 33 % per annum straight line basis 5 % per annum straight basis 10 % per annum straight basis Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balan sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable 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 liability 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 of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. -12-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 ST Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitute5 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 classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Derecognition of financial liabilities Financial 11-abilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 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 tax legislation and are not liable to corporation tax on income or gains falling within those exemptions. Critical accounting estimates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying 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 revision and future periods where the revision affects both current and future periods. 3. Income and endowments from Unrestricted Restricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 Donations and Legacies". Donations 24,870 24,870 19,623 Income from donations and legacies for year end 2023 related wholly to unrestricted funds. -13-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECElldlBER 2024 Unrestricted Restricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 b. Charitable activities: Cash for Kids Children in Need Community Foundation for Merseyside Contract and sales income Garfield Weston Foundation Global Giving Foundation Henry Smith Charity JD Foundation John Moores Foundation KMBC ILM KMBC Snap Knowsley Council Knowsley MBC Better Together Hardship Fund Knowsley MBC Stronger Communities Knowsley MBC Winter Fuel LCR Multiply Community Grant LCVS Community Impact Fund Livv Housing Group Livv In Your Community Grant Liverpool One Foundation Medicash Foundation Merseyside Energy Recovery Merseyside Police Merseyside Recycling and Waste Authority National Lottery- Reaching Communities One Knowsley Holiday Activities and Food One Knowsley Snap P H Holt Foundation R L Glasspool Charity Trust Room Hire Social Supemarket Sport England steve Morgan Foundation Workers Education ESF Youth Empowerment Scheme Youth Investment Fund 7,550 7,550 10,000 25,374 5,000 30,500 30,500 15,000 19,181 25,500 5,000 8,798 15,000 19,181 25,500 5,000 8,798 31,500 8,161 28,132 152,080 114,870 114,870 10,000 10,320 7,778 10,000 10,320 7,778 3,000 5,000 6,000 5,000 2,500 6,000 5,000 2,500 2,000 1,000 1,000 4,800 4,800 2,667 96,931 96,931 89,572 32,164 32.164 4,885 9,000 41,937 4,885 9,000 41,937 50,882 32,074 7,340 50,882 32.074 68,807 15,775 7,340 8.000 13,105 15,000 12,980 15,000 12,980 113,456 463,534 576,990 468,173 Income from charitable activities for year end 2023 comprised £97,743 for unrestricted funds and £370,430 related to restricted funds. -14-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 ST Unrestricted Restricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 c Other trading activities Café income Fundraising 938 5,830 938 5,830 2,845 9,539 6,768 6,768 12,384 Income from other trading activities for year end 2023 related wholly to unrestricted funds 4. Expenditure on charitable activities Direct Support & Charitable Governance Expenditure Costs Total 2024 Total 2023 Provision of education, training, and programmes in a youth centre to support young people of Kirkby 381,947 172,002 553,949 491,139 a. Analysed as follows.. 2024 2023 Direct charitable expenditure." Staff salary costs Pension Running costs Sessional workers and tutor fees Social supermarket expenses Volunteer expenses Travel expenses Training and conferen Activities costs Hardship costs Commissions and consultancy fees 115,588 2,279 44,367 36,823 100,007 6,220 535 192,441 3.804 69,547 20,380 65,340 6505 74 564 15,807 4,772 300 73,294 2,834 381,947 379,534 -15-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 ST 2024 2023 Support & Govemance costs.. Staff salary costs Pension Office costs Equipment hire Insurance 109,113 2,324 25,031 14,355 6,276 32,593 726 28,820 17,221 7,571 Fll Computer support HR Support Subscriptions Bank and card charges Payroll fees Accountancy Depreciation 1.276 1,877 7,914 1,260 873 1.363 340 10,672 2,223 7,906 1,192 790 1.265 626 172,002 111,605 Total expenditure on charitsble activities 553,949 491.139 £444,551 (2023: £374,804) of the above expenditure relates to restricted funding. b. Staff Costs 2024 2023 staff salaries Social security costs Pension costs 210,515 14,186 4,603 211,256 13,778 4,530 229,304 229,564 c. Particulars of employees: The average number of employees during the year 8.92 (2023: 8.67), and calculated on the basis of full-time equivalents, was as follows: 2024 11.4 2023 Charitable activities No employee received emoluments of more than £60,000 during the year. The Trustees are not remunerated for their services and are not included in the above number of employees. No out-of-pocket expenses were reimbursed to trustees in the year (2023: £nil). -16-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 ST 5. Tangible fixed assets Fixtures & Fittings Other Leasehold Equipment Improvements Totsl Cost As at 1st January 2024 Additions during the year 71,391 5,168 22,820 99,379 Balance as at 31st December 2024 71,391 5,168 22,820 99,379 Accumulated Depreciation As at 1 st January 2024 Charge for the year 71,309 82 1,971 258 73,280 340 Balance as at 31st December 2024 71,391 2,229 73,620 Net Book Value at 31. December 2024 2,939 22,820 25,759 Net Book Value at 3151 December 2023 82 3,197 22,820 26,099 6. Debtors 2024 2023 other Debtors Prepayments 4,437 19,454 23,891 There were no debtors as at 31st December 2023. 7. Creditors.. amounts falling due within one year 2024 2023 Accruals Pension 2,628 959 2,525 1,007 3,587 3,532 -17-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 ST 8. Analysis of Net Assets between Funds Year end 2024 Tangible Fixed Net Current Assets Assets Total Unrestricted Funds General Fund 23,713 67,077 90,790 Restricted Funds Knowsley Chambers Knowsley MBC Better Together Hardship Fund National Lottery - Reaching Communities Youth Investment Fund 2,046 2,046 11,104 11,104 14,500 11,420 14,500 11,420 2,046 37,024 39,070 Totals 25,759 104,101 129,860 Year end 2023 Tangible Fixed Net Current Assets Assets Total Unrestricted Funds General Fund 23,849 43,378 67,227 Restricted Funds Children in Need Henry Smith Charity Knowsley Chambers Knowsley Council National Lottery - Reaching Communities 615 8,750 615 8,750 2,250 4,054 4,418 2,250 4,054 4,418 2,250 17,837 20,087 Totsls 26,099 61,215 87,314 -18-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 ST 9. Unrestricted Funds Movements in the year Income Expenditure Reserves at Beginning of Year Reserves at End of Year Year end 2024 General Fund 67,227 145,094 (121,531) 90,790 Movements in the year Income Expenditure Reserves at Beginning of Year Reserves at End of Year Year end 2023 General Fund Knowsley MBC 67.229 129,750 (129.752) (6) 67,227 67,235 129,750 {129,758) 67,227 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) -19-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 ST 10. Restricted Funds Movements in the year Reserves Income Expenditure at Beginning of Year Reserves at End of Year Year end 2024 Cash for Kids Children in Need Garfield Weston Foundation Global Giving Foundation Henry Smith Charity JD Foundation John Moores Foundation Knowsley Chamber Knowsley Council Knowsley MBC Better Together Hardship Fund Knowsley MBC Stronger Communities Knowsley MBC Winter Fuel LCR Multiply Community Grant Livv In Your Community Grant Liverpool One Foundation Medicash Foundation Merseyside Police Merseyside Recycling and Waste Authority National Lottery - Reaching Communities One Knowsley Holiday Activities and Food One Knowsley Snap P H Holt Foundation R L Glasspool Charity Trust Sport England Youth Empowerment Schene Youth Investment Fund 7,550 (7,550) (615) (15,000) (19,181) (34,250) (5.000) (8,798) (204) (4,054) (103,766) (10,000) {10,320) (7,778) (6,000) (5,000) (2,500) (1,000) (4,800) 615 15,000 19,181 25,500 5,000 8.798 8,750 2,250 4,054 2,046 114.870 11,104 10.000 10,320 7,778 6,000 5,000 2,500 1,000 4,800 4,418 96,931 (86,849) 14,500 32,164 (32,164) (4,885) (9,000) (41,937) (7,340) (15,000) (1,560) 4,885 9,000 41,937 7,340 15,000 12,980 11,420 20,087 463,534 {444,551) 39,070 -20-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 ST 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 Charity Knowsley Council Knowsley Chamber Knowsley MBC Snap LCVS Community Impact Fund Livv Housing Group Merseyside Energy Recovery Merseyside Recycling and Waste Authority National Lottery- Reaching Communities P H Holt Foundation Rank Foundation steve Morgan Foundation Workers Education 10,000 25,374 6,000 31,500 152,080 (9,385) (25,374) (28,750) (148,026) (205) (28,132) {3,000) {5,000) (2,000) (2,667) 615 8,750 4,054 2,250 2,455 28,132 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 Description of Funds These are monies given to the charitable company to be spent at the discretion of the Board of Trustees for specific charitable purposes, as follows: Cash For Kids- Grant received towards vouchers 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 Garfield Weston Foundation- Contribution towards core costs Global Giving Foundation- Contribution towards Centre 63 social supenmarket Henry Smith Charity- Contribution towards salary costs J D Foundation- Contribution towards core costs John Moores Foundation- Contribution towards project manager salary costs Knowsley Council - Contribution towards Household support fund Knowsley Chamber- Funding received to purchase a bike shelter. C105ing balance represents net book value of shelter Knowsley MBC Better Together Hardship Fund- Contribution towards food and essential items for social supermarket Knowsley MBC Snap- Contribution towards the project over October 2022 half term -21-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 ST Knowsley MBC Stronger Communities- Contribution towards the food pantry and cafe Knowsley MBC Winter Fuel- Contribution towards utilities in winter LCR Multiply Community Grant- Contribution towards cooking courses LCVS Community Impact Fund- Contribution towards the project °taking control" Livv Housing Group- Contribution towards hosting a Christmas lunch & 100 hampers to young people, community groups & Livv housing tenants. Livv In Your Community Grant- Contribution towards breakfast activity sessions, cooking sessions and offsite trips Liverpool One Foundation- provide a range of activities for young people through mental health training and employing a mental health advocate Medicash Foundation- Contribution towards core costs Merseyside Energy Recovery- Contribution to deliver a medics Mental health course for the Youth club Merseyside Police- Contribution towards the youth engagement scheme for operation Bangor 2024 Merseyside Recycling and Waste Authority - Contribution toward the salary costs for the bike hub project National Lottery- Reaching Communities - Contribution towards the young person's project One Knowsley Holiday Activities and Food- To support the summer & winter HAF project One Knowsley Snap- Contribution towards youth club during half term P H Holt Foundation - Contribution towards to provide 'food' project R L Glasspool Charity Trust- Hardship fvnd Rank Foundation - Contribution towards the salary costs of Business Development Worker. Sport England- Contribution towards multisport taster sessions to children and young people steve Morgan Foundation - Contribution towards salaries of the Development Manger Workers Education ESF - Contribution towards Pebble in the Pond project Youth Empowerment Scheme- Contribution towards Transition project. Project for supporting young children and young people with behavioural disorders Youth Investment Fund- Renovation work to the centre and to part fund youth club lead salary -22-
CENTRE 63 KIRKBY NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 ST 11. Operating Lease Commitments As at 31 sl December 2024, the company had commitments in respect of photocopier leases as follows- 2024 2023 Due in one year Due one to two year Due kno to five years 5,064 5,064 3.798 7,862 5,064 8,862 Total commitment's 13,926 21,788 12. Cash generated from operations 2024 2023 Surplusl(loss) for the year Adjustments for: Investment income Amortisation Depreciation Movements in working capital: (Increase)Idecrease in debtors Increase/(decrease) in creditors 42,546 (4,382) 340 626 (23,891) 55 (1,232) Cash generated{used) from operations 19,050 (4,988) 13. Related Party Transactions There were no material related party transactions in the year that require disclosure (2023: none). 14. Guarantees The charitable company is limited by guarantee. At 31st December 2024 in the event of winding-up each member will contribute, if neSsary, the sum of £1. 2024 2023 Number of members Total guarantees £7 £5 -23-