2023-03-31-accounts - Priority Management Ltd

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		Page
Chair's Report
Trustees' Annual Report
Statements ofTrustees'	Responsibilities
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet		10
Notes to the Financial Statements

REFERENCE AND ADMINISTRATIVE	REFERENCE AND ADMINISTRATIVE	REFERENCE AND ADMINISTRATIVE	REFERENCE AND ADMINISTRATIVE		DETAILS	DETAILS
Name			Priority Management				Limited
Company	number		01967563
Charity number			702851
Registered		Office	Riverside	Learning		8	Education	Centre,
			Hyslop Street,
			Liverpool,
			England,
			L8 5UA
Board ofTrustees			The Board		ofTrustees		are also	its directors.		Members		are elected
			by Annual		General	Meetings		of the	members		of the	council	in
			accordance		with the Articles of			Association.
Trustees			J Hughes
			M Taxman
			N P Turner
Company	Secretary		L Bennett
Independent		Examiner	Paula Sanchez ACCA
			c/o LCVS,
			151 Dale Street,
			Liverpool,
			L2 2AH
Bankers			HSBC City		Branch,
			99-101 Lord Street,
			Liverpool
			L2 6PG
SIg'ned o		e alf ofthe	Board ofTrustees
J Hughes,	Trustee					Date

		Notes	Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
			2023	2023	2023	2022
Income and endowments
from:
Donations and legacies		3a	55		55	70
Charitable activities		3b	53,068	9,690	62,758	86,081
Other trading activities		3C	4,827		4,827	4,175
Investments		3d	18		18	4
Total income			57,968	9,690	67,658	90,330
Expenditure on:
Charitable activities			72,873	16,808	89,681	96,351
Total expenditure			72,873	16,808	89,681	96,351
Net expenditure			(14,905)	(7,118)	(22,023)	(6,021)
Gain(losses) on investments						31
assets
Net Movement in funds			(14,901)	(7,118)	(22,019)	(5,990)
Total funds brought	forward	10, 11	189,656	8,901	198,557	204,547
Total funds carried	forward	9-11	174,755	1,783	176,538	198,557

BALANCE SHEE	T AS AT 3	1sT MARCH	2023
		Notes	31"March	2023	31"March	2022
Fixed assets
Tangible fixed assets				171,231		180,244
Investments				330		326
				171,561		180,570
Current assets
Debtors			1,434		3,264
Cash at bank and	in hand		6,103		16,294
			7,537		19,558
Current liabilities
Creditors: amounts falling due within one year			(2,560)		(1,571)
Net current assets				4,977		17,987
Total assets less liabilities	current			176,538		198„557
Funds:
Unrestricted funds		9, 10		174,755		189,656
Restricted funds		9,11		1,783		8,901
				176,538		198,557

				Unrestricted	Unrestricted	Unrestricted	Restricted	Restricted	Total	Total
						Funds	Funds		Funds	Funds
						2023		2023	2023	2022
b.	Charitable activities:					E		E
	Alternative education Programme					7,553			7,553	492
	Feeding Liverpool							3,805	3,805
	HMRC Job Retention Scheme									12,609
	LCVS Community Impact Fund							1,500	1,500
	National Lottery Awards	for	All							9,948
	Vocational Training					45,515			45,515	48,927
	Workers Education Association							4,385	4,385	14,105
						53,068		9,690	62,758	86,081
	Income from charitable	activities			in 2022 comprised			f62,028	unrestricted	funds and
	restated f24,053 related		to restricted			funds.
c.	Other trading activities:									F
	Rent contribution					4,827			4„827	4,175
	Other trading activities income			for	2022 related		wholly	to unrestricted funds
d.	Investrnenis:
	Bank interest								14
	Dividends
						18			18

Tangible fixed assets
	Freehold	Fixtures,	Total
	property	Fittings &
		Equipment
Cost or revaluation As at I"April 2022	250,000	E 63,678	313,678
Balance as at31"March 2023	250,000	63,678	313,678
Accumulated Depreciation As at 1"April 2022	70,401	63,033	133,434
Charge for the year	8,800	213	9,013
Balance as at31"March 2023	79,201	63,246	142,447
Net Book Value at 31"March 2023	170,799	432	171,231
Net Book Value at 31"March 2022	179,599	645	180,244

Creditors: amounts falling due	within one year
	2023	2022
	E
Accruals	1,013	910
Creditors
Other creditors	761	98
Tax and Social security	786	563
	2,560	1,571

Analysis of	net assets	betwe	en funds
	2023		Tangible fixed assets	Investments	Net current assets	Total
Unrestricted	Funds				F
General Fund			158,819	330	(34,056)	125,093
Designated	Fund				37,600	37,600
Revaluation	Reserve		12,062			12,062
			170,881	330	3,544	174,755
Restricted	Funds
Big Lottery Fund Grant			350			350
Feeding Liverpool					1,433	1,433
			350		1,433	1,783
Totals			171,231	330	4„977	176,538
	2022		Tangible fixed assets	Investments	Net current assets	Total
Unrestricted	Funds		F		F	P
General Fund			166,906	326	(29,673)	'I37,559
Designated	Fund				39,281	39,281
Revaluation	Reserve		12,816			12,816
			179,722	326	9,608	189,656
Restricted	Funds
Big Lottery Fund Grant			522			522
National Lottery Awards All		for			8,379	8,379
			522		8,379	8,901
Totals			180,244	326	17,987	198,557