REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 29TH APRIL 2024 |
FOR |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 29TH APRIL 2024 |
FOR |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 29TH APRIL 2024 |
Page |
Report of the Trustees | 1 | to | 4 |
Independent Examiner's Report | 5 |
Statement of Financial Activities | 6 |
Balance Sheet | 7 | to | 8 |
Notes to the Financial Statements | 9 | to | 16 |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) (REGISTERED NUMBER: 06227737) |
REPORT OF THE TRUSTEES |
for the Year Ended 29TH APRIL 2024 |
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 29th April 2024. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019). |
OBJECTIVES AND ACTIVITIES |
Objectives and aims |
The charity's objects and main principal activity is: |
(a) the relief of persons having an addiction to drugs, alcohol or other noxious substances by the provision of spiritual guidance, care and counselling; |
(b) the advancement of public education concerning addictions and approaches and care by the publication of literature, the holding of conferences and seminars and such other means as are required to disseminate the relevant information; |
(c) such other purposes charitable according to the law of England and Wales as will benefit the community in the Blackpool area. |
Public benefit |
The trustees consider that the main activities undertaken by the charity to carry out its charitable purposes are for the public benefit and furthermore they consider that they have complied with their duty to have due regard to the commission’s public benefit guidance when exercising any powers or duties to which the guidance is relevant. |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) (REGISTERED NUMBER: 06227737) |
REPORT OF THE TRUSTEES |
for the Year Ended 29TH APRIL 2024 |
ACHIEVEMENT AND PERFORMANCE |
Charitable activities |
Mulberry Community Project's mission is to offer each person who has experienced substance addiction the opportunity to stay abstinent by offering them holistic support and the chance to re-establish themselves successfully in the community by giving them a sense of value, respect and dignity. |
We provide safe, secure accommodation and support for each resident. Residents have weekly 1-1 support from their designated support worker. We also provide 3 groups per week that everyone has to attend. Support workers will put together a personal support plan with each resident of goals to work towards. These are categorised into 10 different areas, drug use, alcohol use, physical health, meaningful use of time, community, emotional health, accommodation, money, offending and family and relationships. This enables people to work on a wide range of issues while working towards training, education, employment and independent housing. We can hopefully work on all areas before someone leaves us. |
This is the work we carry out on a day to day basis for all our residents. We also provide social activities for them. We have had donation from the Martin Geddes trust to assist towards social activities and the resident's themselves contribute. This can be things such as fishing and camping. We have been to the Recovery Games, museum trips to both Liverpool and Manchester and walks in the Lake District. We also volunteer with the National Trust in the Lake District 4 times each year. This can be planting bulbs, clearing pathways and generally assisting the trust with the huge amounts of work they have to carry out each year. Many have not been out of their home towns before and many have been in prison for long sentences. Being able to help the National Trust in such valuable work in this amazing part of the world can help people massively with their recovery. |
Our referrals are up from 96 in the 2022-2023 period to 148 in 2023-2024. We have had a constant stream of admissions and sadly in this line of work a constant stream of people leaving. We have however had a constant amount of people in throughout the year and in parts have been full and had to turn people away. |
Our main achievements are the people we support. In the financial year we had 10 planned, successful move ons. These residents left to go into their own independent accommodation, most into paid, full time employment, others to carry on with their education or volunteering. They are all giving back to the local community. The wider benefits to society are incredible. It means decreased crime, decreased homelessness, decreased cost for prison sentences and then volunteering and giving back to local charities, supporting others to do the same as themselves through peer support or paid employment in drug services. It can be incredible to watch people grow and this is why Mulberry Community Project exists. We provide an invaluable service to our residents. |
We are extremely proud of the work that we do at Mulberry and what we have achieved with people over the last 12 months. We will endeavour to secure the project to ensure that Mulberry will be here to help many more people through the next few years. |
FINANCIAL REVIEW |
Financial position |
We recognise the financial position that the charity is in and that we can at times be reliant on our housing benefit income. We are also are aware of the losses made during the financial year and are currently in the process of applying again for National Lottery funding. This application is in the latter stages and we are confident that we will be awarded this again. This will secure the project for the next 5 years. |
These losses have happened as we have had to lose properties a couple of years ago, properties that enabled us to make a profit. This was caused initially by the loss in referrals through covid and just after. Unfortunately as referrals picked back up and increased we were unable to get more properties as there are new rules and regulations around supported housing, the Supported Housing Regulations 2023. We have had to go through lots of processes and assessments to prove that we are a good provider and provide all that we say we do. As Blackpool was a pilot area for the regulations coming in we are in a fortunate position that we are now through all the assessments, other areas are just starting. However it did come at a bad time immediately after covid when we had already struggled for referrals. We have now been given permission to look at more properties should the need arise. And as our referral rate is increasing all the time we are confident that this will happen. |
Both the National Lottery and our increased referrals will help the financial position moving forward. |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) (REGISTERED NUMBER: 06227737) |
REPORT OF THE TRUSTEES |
for the Year Ended 29TH APRIL 2024 |
FINANCIAL REVIEW |
Principal funding sources |
The charity is funded mainly by housing benefit paid in respect of the beneficiaries. |
Investment policy and objectives |
The Charity's powers of investment are governed by its deed of trust. |
Reserves policy |
It is the policy of the charity to maintain unrestricted funds, which are free reserves of the charity, at a level which equate to approximately six months unrestricted expenditure. This provides sufficient funds to cover management and administration and support costs. The unrestricted expenditure for 6 months in this year was £135,295 (2023: £76,684). |
The charity has unrestricted reserves of £88,751 (2023: £123,646) which covers less than 6 months unrestricted expenditure. The adequacy of the reserves policy is reviewed annually. |
FUTURE PLANS |
Over the next 12 months we plan to keep promoting our service, to keep up our good reputation by getting out to other services, giving talks and presentations. We regularly invite other projects and agencies in to Mulberry and we will continue to do this moving through the next year. We also feel it is time to advertise and get some new experience on our board of trustees. We feel this is important to secure the future of the project. We will continue to look for more funding opportunities. We will hopefully keep our staff team the same as we have an incredible, dedicated and experienced team who go above and beyond for the project and the people in it. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
Recruitment and appointment of new trustees |
Trustees are appointed according to the memorandum and articles of association. |
Key management remuneration |
The total remuneration paid to the key employees responsible for carrying out the day to day activities of the charity in the year amounted to £75,055 (2023: £68,208). |
Public benefit |
When planning the activities for the year, the trustees have considered the commissions guidance on public benefit and in particular the trustees have considered how planned activities will contribute to the aims and objectives they have set. |
Risk management |
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) (REGISTERED NUMBER: 06227737) |
REPORT OF THE TRUSTEES |
for the Year Ended 29TH APRIL 2024 |
Trustees |
Independent Examiner |
Candice Higgins |
Whitehead & Howarth |
327 Clifton Drive South |
Lytham St Annes |
Lancashire |
FY8 1HN |
Approved by order of the board of trustees on |
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) |
Independent examiner's report to the trustees of Mulberry Community Projects (Blackpool) ('the Company') |
I report to the charity trustees on my examination of the accounts of the Company for the year ended 29th April 2024. |
Responsibilities and basis of report |
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). |
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. |
Independent examiner's statement |
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: |
1. | accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or |
2. | the accounts do not accord with those records; or |
3. | the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or |
4. | the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). |
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. |
Candice Higgins |
The Institute of Chartered Accountants in England and Wales |
Whitehead & Howarth |
327 Clifton Drive South |
Lytham St Annes |
Lancashire |
FY8 1HN |
30th August 2024 |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) |
STATEMENT OF FINANCIAL ACTIVITIES |
for the Year Ended 29TH APRIL 2024 |
29/4/24 | 29/4/23 |
Unrestricted | Restricted | Total | Total |
fund | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Other trading activities | 2 |
Investment income | 3 |
Other income |
Total |
EXPENDITURE ON |
Charitable activities |
Welfare services | 149,434 | 8,084 | 157,518 | 147,001 |
Housing services | 121,156 | - | 121,156 | 114,603 |
Total |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 131,148 |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) (REGISTERED NUMBER: 06227737) |
BALANCE SHEET |
29TH APRIL 2024 |
29/4/24 | 29/4/23 |
Unrestricted | Restricted | Total | Total |
fund | funds | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 8 |
CURRENT ASSETS |
Debtors | 9 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 10 | ( |
) | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 12 |
Unrestricted funds | 88,751 | 123,646 |
Restricted funds | 1,818 | 7,502 |
TOTAL FUNDS | 131,148 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th April 2024. |
The members have not required the company to obtain an audit of its financial statements for the year ended 29th April 2024 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) (REGISTERED NUMBER: 06227737) |
BALANCE SHEET - continued |
29TH APRIL 2024 |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 29TH APRIL 2024 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
Going concern |
The financial statements are prepared on a going concern basis under the historic cost convention. The charity has net assets of £90,569 (2023: £131,148) and a net deficit of £40,751 (2023: £14,790 surplus) in the year. |
Income |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Fixtures and fittings | - |
Motor vehicles | - |
Computer equipment | - |
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
Fund accounting |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. |
Government grants |
Revenue grants are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. |
A grant that becomes receivable as compensation for expenses or losses already incurred, or for the purpose of giving immediate financial support to the company with no future related costs, is recognised in income in the period in which it becomes receivable. |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 29TH APRIL 2024 |
2. | OTHER TRADING ACTIVITIES |
29/4/24 | 29/4/23 |
£ | £ |
Fundraising events |
Rent and housing benefit | 226,344 | 204,650 |
3. | INVESTMENT INCOME |
29/4/24 | 29/4/23 |
£ | £ |
Current account interest | - | 50 |
4. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
29/4/24 | 29/4/23 |
£ | £ |
Depreciation - owned assets |
Other operating leases | 79,694 | 75,222 |
Surplus on disposal of fixed assets | ( |
) | ( |
) |
5. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 29th April 2024 nor for the year ended 29th April 2023. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 29th April 2024 nor for the year ended 29th April 2023. |
6. | STAFF COSTS |
The average monthly number of employees during the year was as follows: |
29/4/24 | 29/4/23 |
Management, administration and support |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 29TH APRIL 2024 |
7. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
fund | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Other trading activities |
Investment income |
Other income |
Total |
EXPENDITURE ON |
Charitable activities |
Welfare services | 46,117 | 100,884 | 147,001 |
Housing services | 107,252 | 7,351 | 114,603 |
Total |
NET INCOME/(EXPENDITURE) | ( |
) |
Transfers between funds | (703 | ) | 703 | - |
Net movement in funds | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward | 68,268 | 48,090 |
TOTAL FUNDS CARRIED FORWARD | 123,646 | 7,502 | 131,148 |
8. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Motor | Computer |
fittings | vehicles | equipment | Totals |
£ | £ | £ | £ |
COST |
At 30th April 2023 |
Additions |
Disposals | ( |
) | ( |
) | ( |
) | ( |
) |
At 29th April 2024 |
DEPRECIATION |
At 30th April 2023 |
Charge for year |
Eliminated on disposal | ( |
) | ( |
) | ( |
) | ( |
) |
At 29th April 2024 |
NET BOOK VALUE |
At 29th April 2024 |
At 29th April 2023 |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 29TH APRIL 2024 |
9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
29/4/24 | 29/4/23 |
£ | £ |
Trade debtors |
10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
29/4/24 | 29/4/23 |
£ | £ |
Trade creditors |
Social security and other taxes |
Other creditors |
Accruals and deferred income |
11. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
29/4/24 | 29/4/23 |
£ | £ |
Within one year |
Between one and five years |
In more than five years |
12. | MOVEMENT IN FUNDS |
Net |
At | movement | At |
30.4.23 | in funds | 29.4.24 |
£ | £ | £ |
Unrestricted funds |
General fund | 123,646 | (34,895 | ) | 88,751 |
Restricted funds |
Minibus | 100 | (100 | ) | - |
IT Training Project | 92 | - | 92 |
National Lottery Community Fund | 377 | (326 | ) | 51 |
Crowdfunding Boat Project | 550 | - | 550 |
Angling Trust | 1,268 | (422 | ) | 846 |
Albert Hunt Trust | 4,264 | (4,264 | ) | - |
Martin Geddes Trust | 851 | (790 | ) | 61 |
Rank Foundation | - | 218 | 218 |
7,502 | (5,684 | ) | 1,818 |
TOTAL FUNDS | 131,148 | (40,579 | ) | 90,569 |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 29TH APRIL 2024 |
12. | MOVEMENT IN FUNDS - continued |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 235,694 | (270,589 | ) | (34,895 | ) |
Restricted funds |
Minibus | - | (100 | ) | (100 | ) |
National Lottery Community Fund | - | (326 | ) | (326 | ) |
Angling Trust | 1 | (423 | ) | (422 | ) |
Albert Hunt Trust | - | (4,264 | ) | (4,264 | ) |
Martin Geddes Trust | 1,000 | (1,790 | ) | (790 | ) |
Rank Foundation | 1,400 | (1,182 | ) | 218 |
2,401 | (8,085 | ) | (5,684 | ) |
TOTAL FUNDS | 238,095 | (278,674 | ) | (40,579 | ) |
Comparatives for movement in funds |
Net | Transfers |
At | movement | between | At |
30.4.22 | in funds | funds | 29.4.23 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 68,268 | 56,081 | (703 | ) | 123,646 |
Restricted funds |
Minibus | 133 | (33 | ) | - | 100 |
IT Training Project | 92 | - | - | 92 |
National Lottery Community Fund | 37,600 | (37,926 | ) | 703 | 377 |
Crowdfunding Boat Project | 550 | - | - | 550 |
Angling Trust | 1,800 | (532 | ) | - | 1,268 |
Albert Hunt Trust | 7,000 | (2,736 | ) | - | 4,264 |
Martin Geddes Trust | 915 | (64 | ) | - | 851 |
48,090 | (41,291 | ) | 703 | 7,502 |
TOTAL FUNDS | 116,358 | 14,790 | - | 131,148 |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 29TH APRIL 2024 |
12. | MOVEMENT IN FUNDS - continued |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 209,450 | (153,369 | ) | 56,081 |
Restricted funds |
Minibus | - | (33 | ) | (33 | ) |
National Lottery Community Fund | 63,400 | (101,326 | ) | (37,926 | ) |
Angling Trust | - | (532 | ) | (532 | ) |
Albert Hunt Trust | - | (2,736 | ) | (2,736 | ) |
Martin Geddes Trust | 1,000 | (1,064 | ) | (64 | ) |
Repair Fund | 2,544 | (2,544 | ) | - |
66,944 | (108,235 | ) | (41,291 | ) |
TOTAL FUNDS | 276,394 | (261,604 | ) | 14,790 |
A current year 12 months and prior year 12 months combined position is as follows: |
Net | Transfers |
At | movement | between | At |
30.4.22 | in funds | funds | 29.4.24 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 68,268 | 21,186 | (703 | ) | 88,751 |
Restricted funds |
Minibus | 133 | (133 | ) | - | - |
IT Training Project | 92 | - | - | 92 |
National Lottery Community Fund | 37,600 | (38,252 | ) | 703 | 51 |
Crowdfunding Boat Project | 550 | - | - | 550 |
Angling Trust | 1,800 | (954 | ) | - | 846 |
Albert Hunt Trust | 7,000 | (7,000 | ) | - | - |
Martin Geddes Trust | 915 | (854 | ) | - | 61 |
Rank Foundation | - | 218 | - | 218 |
48,090 | (46,975 | ) | 703 | 1,818 |
TOTAL FUNDS | 116,358 | (25,789 | ) | - | 90,569 |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 29TH APRIL 2024 |
12. | MOVEMENT IN FUNDS - continued |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 445,144 | (423,958 | ) | 21,186 |
Restricted funds |
Minibus | - | (133 | ) | (133 | ) |
National Lottery Community Fund | 63,400 | (101,652 | ) | (38,252 | ) |
Angling Trust | 1 | (955 | ) | (954 | ) |
Albert Hunt Trust | - | (7,000 | ) | (7,000 | ) |
Martin Geddes Trust | 2,000 | (2,854 | ) | (854 | ) |
Rank Foundation | 1,400 | (1,182 | ) | 218 |
66,801 | (113,776 | ) | (46,975 | ) |
TOTAL FUNDS | 514,489 | (540,278 | ) | (25,789 | ) |
13. | RELATED PARTY DISCLOSURES |
14. | RESTRICTED FUNDS |
IT Training Project |
Funds were provided for IT training. |
Minibus |
Funds have been provided to assist with the purchase of a minibus. The fund is being allocated against depreciation charged on the minibus purchased in August 2018. |
National Lottery Community Fund |
Funds have been provided to cover any office costs for Clifton Street including - salaries, professional fees, van costs, training costs, travel costs, utility bills and repairs & renewals. Funds can also be used for any repairs and renewals for any other properties. |
Lancashire Community Foundation |
Funds have been provided to cover any extra costs incurred by the charity directly attributable to Covid-19. |
Crowdfunding Boat Project |
Money was raised to cover any costs associated with the sail boat donated to the charity. |
Angling Trust |
Funds were provided to the charity to use towards the cost of coarse fishing activities for residents including - purchases of equipment, rod licences, fishery fees etc. |
Albert Hunt Trust |
MULBERRY COMMUNITY PROJECTS (BLACKPOOL) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 29TH APRIL 2024 |
14. | RESTRICTED FUNDS - continued |
Funds were provided to pay the wages for a new part-time member of staff recruited to provide after care and support for any residents. |
Martin Geddes Trust |
Funds have been provided to pay for residents recreational activities including - sports equipment and associated indoor/outdoor costs. |
Rank Foundation |
Funds were provided to pay for any household items including white goods for any of the residential properties. |