2023-01-012023-12-312023-12-31false07858604MERSEY YOUTH SUPPORT TRUST2024-11-13iso4217:GBPxbrli:pure078586042023-01-01078586042023-12-31078586042023-01-012023-12-31078586042022-01-01078586042022-12-31078586042022-01-012022-12-3107858604bus:SmallEntities2023-01-012023-12-3107858604bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3107858604bus:AbridgedAccounts2023-01-012023-12-3107858604bus:CompanyLimitedByGuarantee2023-01-012023-12-3107858604core:WithinOneYear2023-12-3107858604core:AfterOneYear2023-12-3107858604core:WithinOneYear2022-12-3107858604core:AfterOneYear2022-12-3107858604core:ShareCapital2023-12-3107858604core:SharePremium2023-12-3107858604core:RevaluationReserve2023-12-3107858604core:OtherReservesSubtotal2023-12-3107858604core:RetainedEarningsAccumulatedLosses2023-12-3107858604core:ShareCapital2022-12-3107858604core:SharePremium2022-12-3107858604core:RevaluationReserve2022-12-3107858604core:OtherReservesSubtotal2022-12-3107858604core:RetainedEarningsAccumulatedLosses2022-12-3107858604core:LandBuildings2023-12-3107858604core:PlantMachinery2023-12-3107858604core:Vehicles2023-12-3107858604core:FurnitureFittings2023-12-3107858604core:OfficeEquipment2023-12-3107858604core:NetGoodwill2023-12-3107858604core:IntangibleAssetsOtherThanGoodwill2023-12-3107858604core:ListedExchangeTraded2023-12-3107858604core:UnlistedNon-exchangeTraded2023-12-3107858604core:LandBuildings2022-12-3107858604core:PlantMachinery2022-12-3107858604core:Vehicles2022-12-3107858604core:FurnitureFittings2022-12-3107858604core:OfficeEquipment2022-12-3107858604core:NetGoodwill2022-12-3107858604core:IntangibleAssetsOtherThanGoodwill2022-12-3107858604core:ListedExchangeTraded2022-12-3107858604core:UnlistedNon-exchangeTraded2022-12-3107858604core:LandBuildings2023-01-012023-12-3107858604core:PlantMachinery2023-01-012023-12-3107858604core:Vehicles2023-01-012023-12-3107858604core:FurnitureFittings2023-01-012023-12-3107858604core:OfficeEquipment2023-01-012023-12-3107858604core:NetGoodwill2023-01-012023-12-3107858604core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3107858604core:ListedExchangeTraded2023-01-012023-12-3107858604core:UnlistedNon-exchangeTraded2023-01-012023-12-3107858604core:MoreThanFiveYears2023-01-012023-12-3107858604core:Non-currentFinancialInstruments2023-12-3107858604core:Non-currentFinancialInstruments2022-12-3107858604dpl:CostSales2023-01-012023-12-3107858604dpl:DistributionCosts2023-01-012023-12-3107858604core:LandBuildings2023-01-012023-12-3107858604core:PlantMachinery2023-01-012023-12-3107858604core:Vehicles2023-01-012023-12-3107858604core:FurnitureFittings2023-01-012023-12-3107858604core:OfficeEquipment2023-01-012023-12-3107858604dpl:AdministrativeExpenses2023-01-012023-12-3107858604core:NetGoodwill2023-01-012023-12-3107858604core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3107858604dpl:GroupUndertakings2023-01-012023-12-3107858604dpl:ParticipatingInterests2023-01-012023-12-3107858604dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3107858604core:ListedExchangeTraded2023-01-012023-12-3107858604dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3107858604core:UnlistedNon-exchangeTraded2023-01-012023-12-3107858604dpl:CostSales2022-01-012022-12-3107858604dpl:DistributionCosts2022-01-012022-12-3107858604core:LandBuildings2022-01-012022-12-3107858604core:PlantMachinery2022-01-012022-12-3107858604core:Vehicles2022-01-012022-12-3107858604core:FurnitureFittings2022-01-012022-12-3107858604core:OfficeEquipment2022-01-012022-12-3107858604dpl:AdministrativeExpenses2022-01-012022-12-3107858604core:NetGoodwill2022-01-012022-12-3107858604core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3107858604dpl:GroupUndertakings2022-01-012022-12-3107858604dpl:ParticipatingInterests2022-01-012022-12-3107858604dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3107858604core:ListedExchangeTraded2022-01-012022-12-3107858604dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3107858604core:UnlistedNon-exchangeTraded2022-01-012022-12-3107858604core:NetGoodwill2023-12-3107858604core:IntangibleAssetsOtherThanGoodwill2023-12-3107858604core:LandBuildings2023-12-3107858604core:PlantMachinery2023-12-3107858604core:Vehicles2023-12-3107858604core:FurnitureFittings2023-12-3107858604core:OfficeEquipment2023-12-3107858604core:AfterOneYear2023-12-3107858604core:WithinOneYear2023-12-3107858604core:ListedExchangeTraded2023-12-3107858604core:UnlistedNon-exchangeTraded2023-12-3107858604core:ShareCapital2023-12-3107858604core:SharePremium2023-12-3107858604core:RevaluationReserve2023-12-3107858604core:OtherReservesSubtotal2023-12-3107858604core:RetainedEarningsAccumulatedLosses2023-12-3107858604core:NetGoodwill2022-12-3107858604core:IntangibleAssetsOtherThanGoodwill2022-12-3107858604core:LandBuildings2022-12-3107858604core:PlantMachinery2022-12-3107858604core:Vehicles2022-12-3107858604core:FurnitureFittings2022-12-3107858604core:OfficeEquipment2022-12-3107858604core:AfterOneYear2022-12-3107858604core:WithinOneYear2022-12-3107858604core:ListedExchangeTraded2022-12-3107858604core:UnlistedNon-exchangeTraded2022-12-3107858604core:ShareCapital2022-12-3107858604core:SharePremium2022-12-3107858604core:RevaluationReserve2022-12-3107858604core:OtherReservesSubtotal2022-12-3107858604core:RetainedEarningsAccumulatedLosses2022-12-3107858604core:NetGoodwill2022-01-0107858604core:IntangibleAssetsOtherThanGoodwill2022-01-0107858604core:LandBuildings2022-01-0107858604core:PlantMachinery2022-01-0107858604core:Vehicles2022-01-0107858604core:FurnitureFittings2022-01-0107858604core:OfficeEquipment2022-01-0107858604core:AfterOneYear2022-01-0107858604core:WithinOneYear2022-01-0107858604core:ListedExchangeTraded2022-01-0107858604core:UnlistedNon-exchangeTraded2022-01-0107858604core:ShareCapital2022-01-0107858604core:SharePremium2022-01-0107858604core:RevaluationReserve2022-01-0107858604core:OtherReservesSubtotal2022-01-0107858604core:RetainedEarningsAccumulatedLosses2022-01-0107858604core:AfterOneYear2023-01-012023-12-3107858604core:WithinOneYear2023-01-012023-12-3107858604core:Non-currentFinancialInstrumentscore:CostValuation2023-01-012023-12-3107858604core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-012023-12-3107858604core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-012023-12-3107858604core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-012023-12-3107858604core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-012023-12-3107858604core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-012023-12-3107858604core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3107858604core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3107858604core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3107858604core:Non-currentFinancialInstrumentscore:CostValuation2023-12-3107858604core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-3107858604core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-3107858604core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-3107858604core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-3107858604core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-3107858604core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-3107858604core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-3107858604core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-3107858604core:Non-currentFinancialInstrumentscore:CostValuation2022-12-3107858604core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-3107858604core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-3107858604core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-3107858604core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-3107858604core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-3107858604core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-3107858604core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-3107858604core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-3107858604bus:Director12023-01-012023-12-3107858604bus:Director22023-01-012023-12-310785860412023-01-012023-12-31

MERSEY YOUTH SUPPORT TRUST

Registered Number
07858604
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

MERSEY YOUTH SUPPORT TRUST
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

TRACY FORSTER, Hugh Vincent
WALKER, Simon

Registered Address

The Mount C/O T4 Consulting
Woodlands Road
Liverpool
L17 0AN

Registered Number

07858604 (England and Wales)
MERSEY YOUTH SUPPORT TRUST
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Current assets
Debtors1,0601,598
Cash at bank and on hand4,64614,190
5,70615,788
Creditors amounts falling due within one year(18,451)(2,681)
Net current assets (liabilities)(12,745)13,107
Total assets less current liabilities(12,745)13,107
Net assets(12,745)13,107
Capital and reserves
Profit and loss account(12,745)13,107
Reserves(12,745)13,107
The financial statements were approved and authorised for issue by the Board of Directors on 13 November 2024, and are signed on its behalf by:
TRACY FORSTER, Hugh Vincent
Director
WALKER, Simon
Director

Registered Company No. 07858604
MERSEY YOUTH SUPPORT TRUST
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by guarantee and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
After reviewing the company's forecasts and projections, the directors, with sadness, decided that the company could not continue to operate given the level of loss for this year and it was decided that the company cease operations on 31 December 2023.The accounts are fully completed up until 31 December 2023 and then provisions have been accrued for for the early termination charge on the coffee machine lease and for professional accountancy services for the winding up of the business and the charity.
Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
Operating leases
The company has an outstanding lease with Grenka Leasing for the coffee machine. At 31 December 2023 the company was approximately 18 months into a five year rental agreement. At 31 December 2023 the company was approximately 18 months into a five-year rental agreement. In view of the cessation of operations as of that date,provision has been made for the cost of early termination of the lease.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
Share capital
There is no share capital as it is a company limited by guarantee. It is the operating company for the charity of the same name - Mersey Youth Support Trust
2.Average number of employees

20232022
Average number of employees during the year00
3.Tangible fixed assets
4.Provisions for liabilities
Accrues have beenAccrues have been made for an early termination lease on the coffee machine, and for provisional professional accounting services in the submission of accounts and the wind down of the company and charity. These show as other creditors in the balance sheet.
5.Pension commitments
All contributions of both employees and employers have been paid over to the Nest Pensions scheme and there is no outstanding balance.
6.Events after reporting date
Following the ceasing of operations on 31stDecember 2023, a small number of transactions were processed through the company bank account purely for the purpose of payingoutstanding creditors from the money available.