Lister Steps Limited - Charities report - 20.1.6

REGISTERED COMPANY NUMBER: 04028768 (England and Wales)

REGISTERED CHARITY NUMBER: 1083268

Report of the Trustees and

Financial Statements

for the Year Ended 31 July 2019

for

Lister Steps Limited

Page

Report of the Trustees

1

to

9

Report of the Independent Auditors

10

to

11

Statement of Financial Activities

12

Balance Sheet

13

Notes to the Financial Statements

14

to

20

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 31 July 2019. 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 2015).

OBJECTIVES AND ACTIVITIES

Objectives and activities

Our aim is to be the spark that makes Tuebrook a better place to live and work, by creating positive impacts that are felt

by locals, businesses and others beyond our boundaries.

Our objectives are to:

- make connections

- make introductions

- making the community stronger

- make Tuebrook appealing

- making noise (1)

- making ripples (2)

(1) - Speaking out on subjects and issues that Lister steps are passionate about - disadvantaged and/or unrepresented

parts of society and the local community, or those who are unheard or ignored by authority.

(2) - Effect the community at large; links to other organisations, networking, conduit for cooperation, pride in the locality

Public benefit

The Trustees are aware of the Charity Commission's guidance on public benefit and have fully complied with their duty

to regard to this guidance when exercising its powers and duties.

In shaping our future strategy the Trustees pay particular regard to ways in which they further enhance our benefits to

the public. The Trustees are aware that Lister Steps provide wider benefits to our service users in terms of the

education we provide our children, the support we give our families and the opportunities we give to Volunteers,

Students and Apprentices.

In addition to the childcare services, we offer: an affordable base for other charitable organisations; have acted as

advocates on behalf of marginalised individuals; and provided training and employment opportunities for hundreds of

local people. Skills development and accredited training for our staff and volunteers enables us to give the children in

our care the best possible start in life.

Since the appointment of our Community Engagement Manager we have extended the range of activities we have

delivered within the local community, which include: Heritage open days, photography workshops and community

journalism training within schools, youth groups, oral history research, local history and archaeology. Further details can

be found in the relevant sections of this report.

Education - Our intent is to support our children to enable them to achieve their full potential academically,

economically and to become happy socially, confident and able to keep themselves safe. In our work with young

children our biggest contribution is to give them the skills to learn, to understand how to behave in a learning setting,

how to listen, take turns, and to share and express their feelings. We do this in ways that comply with the Early Years

Foundation Stage requirements and are fun and enjoyable for the children.

We are able to integrate children with additional learning needs and work alongside other professionals such as

Educational Psychologists, and Speech and Language Therapists to develop individual plans to support the child's

development. We are often first to notice that something may be wrong if developmental milestones are not being met

and are well placed to lead Early Help interventions and have the trust of families to do so.

At one of our consultation events a parent commented "To all of my amazing Steps family I can't believe 3½ years have

flown by. If I had my way MJ would be with you for all her school years. You are the best for all of the immeasurable

support love and kindness you have shown MJ and me over the years. We would be lost without you all but I'm stronger

now thanks to all of you. You rock".

Families - Lister Steps provides free childcare to families in crisis or when there is a change in circumstances with the

potential to harm the well- being of the child. During the reporting period we have supported families where serious

illness, housing, domestic violence, residency status and crime have affected the main care giver.

For example, Child V is 2 years old and came into our setting in February with her Mum. Mum was very nervous and

extremely reluctant to share any information with us about her background other than she had relocated from another

part of the UK. She had heard about the early intervention strategy for 2 year old children and believed her daughter

would qualify from April. She did not have the usual paperwork that we would expect to see and was only able to provide

us with a letter from a London Borough confirming that she was in receipt of financial help from them via a pre-loaded

cash card, an indicator that the family may have been in hiding as a result of abuse or violence.

Although V was not eligible to receive the grant funding until the term after her 2nd birthday we were concerned that we

may have been the only avenue of support Mum may have had in Liverpool and started V straight away with 'settling' in

sessions. V settled in quickly and made good attachments with the practitioners working with her. Mum was very quiet at

first and avoided speaking to any of the other parents or staff when she came in to drop off V or pick her up. Very slowly

Mum started to open up to us and trust the staff working with V, she confided that she was in hiding because V's father

had been convicted of a violent, sexual crime and his family blamed Mum for his arrest and detention. She had been

forced to leave the London area and go into hiding because of the serious nature of the threats made against her and V.

She told us that until coming to Lister Steps she had only ever ventured out with V to go to the shops because she was

frightened that somebody may recognize her.

With our support she has registered herself and V at the local medical centre and V is very well settled into our toddler

room - she has lots of little friends and loves to paint, sing and dance. Mum recently told us that she used to sing in the

choir in her local church and would be happy to come in and help out working with the children. We are taking progress

at Mums pace at the moment but are assured that the outcomes for V are greatly improved by our intervention.

Volunteers - Lister Steps are registered with Volunteer Liverpool and welcome volunteers into all facets of our work. We

welcome volunteers of all abilities, to work with our children and value the input people with different life experiences

can give, and find that volunteers with specialist skills can complement our work. Our volunteers have made useful

contributions to Lister Steps in various strands of the organisation ranging from childcare to governance, research,

administration, and horticulture and ground maintenance.

Volunteers often come from the most marginalised sections of society and we are able to support their developing

personal skills, confidence and self- esteem. We work in partnership with North West Community Services and Mencap

to host volunteering for adults with additional learning needs, and to support their personal development and life skills.

During the Accounting Period an average of 5 Volunteers a week worked with us in our childcare setting.

Our community engagement work funded through the National Lottery Heritage Fund has enabled us to extend the

range of volunteering opportunities available to members of our community. For example we have led activities such as

archaeology, social media, photography, community journalism, community clean ups and art. During the reporting

period 54 individual volunteers offered to support our community engagement work, completing a total of 348 hours

between them.

Our volunteers were welcomed to a celebration of their work to coincide with International Volunteering Day on 5th

December 2018.

Health and Well-being - Lister Steps networks extensively with other statutory and voluntary agencies across the

Liverpool City Region to ensure that we have a portfolio of up to date and relevant support structure for our children and

their families. We work very closely with local Health Visitors, Speech and Language Therapists, Educational

Psychologists and SENIS to ensure children receive the specialist intervention they may need. We are also able to

sign-post our parents and staff for advice on finance, budgeting, debt management, mental health, counselling etc.

During the reporting period we worked alongside a local fitness instructor to offer boot camp type activities to local

women - we have also delivered similar fitness sessions in our after school clubs and playschemes.

We continue to develop our catering facilities and have invested in training for a member of the team, Jen Morley to

become a qualified Panco (Physical and nutrition coordinator). Our chef runs regular cookery sessions with the older

children and teaches them about balanced diets and menu planning. We start every day with a morning fitness session

and we are looking for a volunteer to deliver mindfulness sessions with our children over the next year.

Community cohesion - We value all of our children and families. We promote mutual respect and are inclusive. At

Lister Steps we want children to be independent learners so that they can make their own choices, and build and

develop strong relationships and friendships with lots of people. Our services promote the fundamental values of

democracy, the rule of law, individual liberty, mutual respect, and tolerance of those with different faiths and beliefs.

These values are reinforced regularly and in the following ways:

i. Democracy

o Sharing ideas and experience

o Children plan their own activities

o Sharing resources

o Parents and children input to our development plan

ii. Mutual Respect

o We understand that all children are different and they all develop at different rates with different needs

o We work hard to build relationships with all of our families

o We celebrate special occasions that are important to our families and the wider world

o We promote images of both men and women, and boys and girls.

o Children with additional needs will be supported by staff, will be protected from discrimination, and will be given the

same opportunities to learn and to reach their full potential

iii. Individual Liberty

o Children can choose their own activities.

o Children can choose whether to work/play inside or outside.

o Children can choose what they would like to eat from a selection offered

o We celebrate children's individual interests and incorporate them in to planning

iv. The Rule of Law

o We expect all children to follow our classroom rules with support where required

o Children understand why we need to have classroom rules - to keep us safe and make things fair and equitable

o Our policies and procedures make sure we are consistent and have clear expectations that all are aware of

v. Tolerance to those of different faiths and beliefs

o We promote respect and tolerance for peoples, faith, cultures and languages

o We have positive images reflecting diversity

o We have toys and resources that children can identify with

o We ensure we offer children exposure to a wide range of cultures - celebrating festivals, tasting foods, being part of

the wider community

The work of our Community Engagement Manager has included the following activities and workshops involving local

people:

In May 2019 we worked with another local Social Business 'Placed' to deliver two educational workshops to local

primary schools, Lister Junior School and St Anne Stanley, engaging a total of 60 participants aged 8-9. These

workshops were focused on the architectural & social heritage of The Old Library and thinking about how the community

room could be designed to support local needs & interests. The workshops covered subjects across the curriculum, in

particular art, design technology, maths, history and geography. Participants also developed a range of skills including

team work, problem solving, critical reflection, creativity and presentation skills, and came up with some excellent ideas

about community which are currently being used to develop a piece of public art at The Old Library.

The Lister Steps Easter School was a 4-day programme which was inspired by the repurposing of the heritage site of

The Old Library into a new space for the community and ran from the 15th - 18th April 2019. This course gave 38 young

people aged 14 - 19 the opportunity to learn about repurposing old buildings, developing client briefs and design

concepts through a combination of written, reflection and practical tasks. In addition to the design project's focus on

heritage, this programme served as an opportunity to develop people's skills and experience to pursue further education

or a career in the built environment. Through the PLACED Ambassador network, participants were introduced to range

of students and professionals (12 in total) who shared their experiences of studying and working in the sector.

Despite a lot of progress in the sector, professions like architecture and construction remain heavily male dominated,

and many other professions in the sector underrepresent those from Black, Asian, Minority Ethnic communities and

those from lower socio-economic backgrounds.

Through the PLACED recruitment process, participants were sought to represent a broad and representative

demographic of participants. They were recruited through schools, colleges, previous participants of PLACED

programmes, social media, and through word of mouth:

42% participants were female

42% identified themselves as being non-white British

The parents of 39% of participants did not go to university

Our community memory project engaged 6 participants through a series of drop-in memory sessions and oral history

interviews These memories alongside our historical research will be used as part of our Heritage Interpretation

installation once we relocate into the Old Library.

We ran three lunch-time litter picks as part of Keep Britain Tidy's 'Great British Spring Clean' and engaged 19

participants including local families, schools, charities (Good Gym Liverpool) and businesses - with staff from our nearby

Wilko's store getting involved. We also met with the 'Eco-Warriors' student groups at Lister Junior School and St Anne's

Stanley School find out how we could support their community clean-up activities, arranging further litter picks and

printing the posters they've designed encouraging people not to litter. These were placed around the school and our

site. We also took part in Old Swan in Bloom in July, with the children from Lister Steps helping us to plant hanging

baskets to make our neighbourhood look more attractive and organised a Saturday morning community pot-planting

session were participants were able to take their own pot home.

In partnership with Periscope CIC, we ran a free six week training course in Community Journalism for six participants.

Survey data indicates that the course had positive outcomes across the group, both in terms of skill levels and

confidence in relation to video journalism and digital equipment, but also for participant wellbeing. Most have offered to

continue volunteering with The Old Library project and making videos that can be shared on social media.

ACHIEVEMENT AND PERFORMANCE

Performance

Lister Steps is registered with OFSTED to provide 96 childcare places each day. The places are delivered through our

Nursery and "Out of School" Club settings. We also provide play schemes during the school holidays for local children

to help working parents and give children opportunities to play safely and learn new skills and hobbies.

Lister Steps offers school and college placements, internships and apprentices to local young people who wish to

further their career working children and families. As part of our award from National Lottery Heritage fund we created 2

paid bursary placements for local unemployed people to train and develop skills in heritage restoration and building

work. During the Accounting Period staff benefitted from a total of 43 funded training days.

Unfortunately during the accounting period our long term tenants 'Steps to Freedom' ceased trading, we continue to

market the availability of the office space to other local charities and community businesses.

We welcomed a local fitness trainer in to use our gym facilities to deliver 'boot Camp' training to local women supporting

our aims around health and well being.

We said goodbye to 2 staff members - Kay Power and Loraine Woods and welcomed Bianca Gill into the role of Early

Years Childcare Practitioner and Emily Hughes who started her training as a Level 2 Childcare and Early Years

Apprentice.

In October 2018 Liz Allen from The Connectives started our Social Impact Review, she enquired in to the life of Lister

Steps from its origins to the present time. She looked at areas of change and our charitable objectives, she consulted

with stakeholders and parents for feedback and received very positive feedback from all sources.

Key staff members were invited to showcase our work on local radio on a number of occasions during the accounting

period.

Achievements

The Old Library renovation project is progressing well. This is the culmination of some complex project work and

negotiation following the National Lottery heritage Fund approval to fully fund the refurbishment of the Old Library

(Andrew Carnegie), and to support a five year programme of activities designed to generate community cohesion,

develop skills, encourage entrepreneurship, educate and bring enjoyment to the people of Tuebrook /Stoneycroft and

the surrounding area, and of course as Lister Step's new home.

The capital works contract awarded to HHS Smith & Sons Ltd started on site on 01/04/19. The works are due to

complete on site on 31/07/2020 with the new facilities operational from 01/09/2020. The building renovation works have

been more extensive than we first anticipated resulting in delays to our relocation. We continue to work very closely with

the project team and with officers from Liverpool City Council to ensure that the work is delivered as to our original high

standard.

In August 2018 we were delighted to receive £2,800 from The Skelton Bounty Charitable Trust to purchase new

equipment for our under 2's room. (Babies)

Lister Steps is also extremely grateful to our long term supporters for their continued generosity:

¢ Lady Christine Bibby

¢ The Duncan Norman Charitable Trust

¢ The Chrimes Charitable Trust

In November 2018 Lister Steps were awarded £10,000 from Power to Change in partnership with retailer Marks and

Spencer. Alongside the funding Lister Steps were also awarded 12 months support from M and S regarding specific

operational strategy development - at the time of writing this support is still available to us and we have regular dialogue

with the managers at M and S to determine the best avenues for this take.

Organised as part of the Power to Change Community Business Open Weekend in May 2019 our event was to

celebrate local enterprise and raise awareness of what is happening in our area through networking with local

businesses, organisations and residents. Invites were hand-delivered to local businesses in the Liverpool 13 area as

well as open invites made available on social media. On the day, we had 16 stands - 8 from local businesses and 8

internal stands covering childcare and key project activities (research project, memory project, photography competition,

community clean-ups, etc.) - as well as a community art wall, plant sale and refreshments.

We welcomed 80 participants throughout the day, with support from 5 volunteers. Useful connections were generated

between local organisations; positive feedback since the event has included the successful recruitment of a new

volunteer at local charity The Vibe, knowledge sharing about community organisation structures & development, and

plans to work with local community magazine Old Swan Alive through our community journalism training course to

created lasting, shared community media resources. We are confident this event has acted as the foundation for

ongoing positive & supportive relationships and the first step in developing a network of community-minded businesses

in our area.

Building on the theme of community engagement and support we commissioned local artist Paul Curtis to produce a

mural on the hoardings of The Old Library, the title of the work was 'What your community means to you' and explored

the theme of a 'helping hand'. On the back of this representatives from Lister Steps were invited to take part in their

'Family Friendly' day and met with employees to offer childcare support and family friendly activities.

Towards the end of the accounting period Lister Steps were one of 4 local charities chosen to meet with a panel of

experts from Barclays bank for hands on advice.

FINANCIAL REVIEW

Voluntary income

Lister Steps would like to thank our individual and company donors who have supported our charitable work over the

past 12 months. Total voluntary income decreased from £27,038 in 2018 to £13,352 in 2019.

Trustees are aware that the organisation is currently underfunded for the community support activities we provide and

recognise the potential to build upon the relationships that already exist with current supporters. Fundraising efforts have

concentrated upon raising the capital necessary to secure our future relocation. However, the Trustees believe that the

new relationships we have formed will greatly assist this process and open doors for potential corporate sponsorship

and practical support.

Investment policy

The Trustees seek to ensure that emerging cash and other liquid resources are held and are able to be utilised for the

purposes set out in the Reserves Policy. It is the policy of the Trustees that, until reserves satisfy the levels set out in the

reserves policy, they are held in a low risk vehicle i.e. reserve bank account.

Reserves policy

The reserves at 31 July 2019 were £249,489 (2018: £278,618). This includes a deficit balance in unrestricted funds of

£32,637 (2018: deficit of £22,974). It is the Board's intention to perform a detailed review of the reserves policy to meet

the future needs of the business over forthcoming years.

Going concern

Despite the SOFA being in a net expenditure position, the Trustees consider the Charity to be a going concern due to

the availability of loan drawdowns from the ACF fund and a contingency of £58,000 still being available, if necessary,

from the National Lottery Heritage Fund.

Financial performance

The year ended 31 July 2019 has generated a deficit of £29,129 (2018 deficit of £17,041). The Charity has delivered on

its charitable objectives for the year. This year has been a transitional period where primary focus has been spent, in

addition to operational activities, on finalising the legals on the new capital project and on building the performance of

the organisation with OFSTED to 'Good with outstanding features'. In the first half of the financial year occupancies were

down as a result of the previous OFSTED report. Occupancies are now up which has consequently improved financial

performance after the year end.

Within the National Lottery Heritage Fund there is an operational contingency of £58,000 for impact of disturbance on

day to day operations.

FUTURE PLANS

Lister Steps plan to refurbish and re-use the former Grade II West Derby Carnegie Library as a centre for community

and commercial activities, to support our aim to make Tuebrook and Old Swan, Liverpool 13 better places to live and

work. The library was the first in Liverpool to be funded by Andrew Carnegie as the only to be offered the funding rather

than via an application process, and opened in 1905. On completion of the capital works we will relocate our existing

services and expand the support to people providing our community with opportunities to work, socialise and develop

skills through education and volunteering. The 'Old Library' will include a licensed cafe to cater for large celebratory

events such as weddings and christenings. Bespoke office space will be available for businesses, groups and

individuals to hire, and will complement the large reading room capable of hosting large conferences and business

networking events.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Lister Steps is governed by its Memorandum and Articles of Association adopted on 7 July 2000. The organisation is a

company limited by guarantee, registered at Companies House (company no. 04028768) and a charity registered with

the Charity Commission (registration number 1083268).

Recruitment and appointment of new trustees

The Board of Trustees aims to recruit new Trustees with range of relevant skills and experience. Recruitment is initiated

through online advertising using various platforms and sites and also Volunteer Liverpool and the Liverpool Chamber of

Commerce. Prospective applicants are interviewed by the Chair of the Board of Trustees and the Board/Company

Secretary. Trustees are required to undergo Disclosure and Barring Service background checks and to register with

OFSTED. Election for positions on the Board takes place at the AGM or at Trustee Board meetings throughout the year.

Trustee structure

The Board of Trustees aims to recruit new Trustees with range of relevant skills and experience. Recruitment is initiated

through online advertising using various platforms and sites and also Volunteer Liverpool and the Liverpool Chamber of

Commerce. Prospective applicants are interviewed by the Chair of the Board of Trustees and the Board/Company

Secretary. Trustees are required to undergo Disclosure and Barring Service background checks and to register with

OFSTED. Election for positions on the Board takes place at the AGM or at Trustee Board meetings throughout the year.

During the Accounting Period Nicola Klinger resigned from her position as Trustee. The Board would like to thank her for

her commitment and long service to the organisation and wish her well in her new career. We also welcomed Vicki

Davies as a new Trustee.

At the end of this reporting period Brenda Barnes and Danny Holmes are progressing their applications to become

trustees of the organisation.

Communications with the Team

Lister Steps is a value led organisation and this is reflected across our communications with the full staff team including

volunteers, students and trainees on work placement. Staff are kept up to date with developments via bi-monthly full

team meetings, regular memo's and team leader briefings. A trustee attends each full team meeting and team members

are encouraged to input into operational reports presented at board meetings.

Team Building days, Staff development and Training days are held bi- annually and this gives the opportunity for staff,

volunteers and trustees to work together.

Equal opportunities

Lister Steps considers equality of opportunity in all aspects of our organisation. We have an equal opportunities policy

which is reviewed annually.

Risk management

The Trustees are responsible for risk management and for overseeing the audit. The Company Secretary is the

childcare nominated person and ensures compliance with OFSTED as the regulatory body.

The Board as a whole take responsibility for risk management and ensure that agreed actions comply with the risk

management policy. Policies and procedures are reviewed annually.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

04028768 (England and Wales)

Registered Charity number

1083268

Registered office

Old School Site

Lister Drive

Liverpool

Merseyside

L13 7HH

Trustees

Ms G M Fulton Chartered Physiotherapist

Mrs A J May Retired Social Worker

C R J Thomas Retired Senior Civil Servant

Ms N Klinger Hospitality worker and parent

Ms G Downey Teacher (appointed 24.8.18)

Ms B Barnes

Ms V J Davies Risk specialist (appointed 12.4.19)

Company Secretary

Mrs A J May

Auditors

Wilson Henry LLP

Registered Auditor

145 Edge Lane

Liverpool

Merseyside

L7 2PF

Board of Trustees

The Board of Trustees is responsible for the overall governance of the organisation. The total number of Trustees may

not exceed 15. During the accounting period a total of 5 Trustees served on the Board. The CEO and Finance Manager

are required to attend meetings.

The Board meets monthly to review performance and develop future strategy and set budgets. They receive operational

reports, management accounts and risk register in advance of each meeting. The Trustees are responsible for risk

management and for overseeing the audit.

Executive team

The team is made up of the CEO, finance manager and childcare manager. The CEO is responsible for the day to day

management of the Charity and for implementing the policies agreed by the Board of Trustees. The members of the

executive team are set out on pages 5 and 6.

EVENTS SINCE THE END OF THE YEAR

Information relating to events since the end of the year is given in the notes to the financial statements.

TRUSTEES 3RD PARTY INDEMNITY

Lister Steps purchases liability insurance cover for its Trustees which gives them appropriate cover against the

consequence of any neglect or default on their part.

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Lister Steps Limited for the purposes of company law) are responsible for

preparing the Report of the Trustees and the financial statements in accordance with applicable law and United

Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view

of the state of affairs of the charitable company and of the incoming resources and application of resources, including

the income and expenditure, of the charitable company for that period. In preparing those financial statements, the

trustees are required to

-	select suitable accounting policies and then apply them consistently;

-	observe the methods and principles in the Charity SORP;

-	make judgements and estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting 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.

In so far as the trustees are aware:

-	there is no relevant audit information of which the charitable company's auditors are unaware; and

-	the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

AUDITORS

The auditors, Wilson Henry LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Approved by order of the board of trustees on 8 June 2020 and signed on its behalf by:

Ms G Downey - Trustee

Opinion

We have audited the financial statements of Lister Steps Limited (the 'charitable company') for the year ended

31 July 2019 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the financial

statements, including a summary of significant accounting policies. The financial reporting framework that has been

applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally

Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the charitable company's affairs as at 31 July 2019 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law.

Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the

financial statements section of our report. We are independent of the charitable company in accordance with the ethical

requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard,

and the provisions available for small entities, in the circumstances set out in note 14 to the financial statements, and we

have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit

evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to

you where:

-	the trustees' use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or

-

the trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the charitable company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the

Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise

explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing

so, consider whether the other information is materially inconsistent with the financial statements or our knowledge

obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or

apparent material misstatements, we are required to determine whether there is a material misstatement in the financial

statements or a material misstatement of the other information. If, based on the work we have performed, we conclude

that there is a material misstatement of this other information, we are required to report that fact. We have nothing to

report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Report of the Trustees has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of

the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you

if, in our opinion:

-	adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of trustees' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit; or

-	the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees.

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the

charitable company for the purposes of company law) are responsible for the preparation of the financial statements and

for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary

to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to

continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern

basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have

no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from

material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes

our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in

accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud

or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence

the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting

Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent

Auditors.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of

the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's

members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest

extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the

charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Hilene S Henry FCA FCCA (Senior Statutory Auditor)

for and on behalf of Wilson Henry LLP

Registered Auditor

145 Edge Lane

Liverpool

Merseyside

L7 2PF

8 June 2020

2019

2018

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

10,671

2,682

13,353

27,038

Charitable activities

Nursery and clubs

312,574

-

312,574

295,492

Building improvement fund

3,850

89,067

92,917

9,457

Key Fund Grant

-

-

-

35,000

Investment income

2

1

-

1

3

Other income

209

-

209

2,324

Total

327,305

91,749

419,054

369,314

EXPENDITURE ON

Charitable activities

Nursery and clubs

326,555

-

326,555

315,872

Building improvement fund

6,813

108,290

115,103

26,223

Key Fund Grant

-

2,925

2,925

39,640

Other expenditure

-

-

-

1,200

Other

3,600

-

3,600

3,420

Total

336,968

111,215

448,183

386,355

NET INCOME/(EXPENDITURE)

(9,663

)

(19,466

)

(29,129

)

(17,041

)

RECONCILIATION OF FUNDS

Total funds brought forward

(22,974

)

301,592

278,618

295,659

TOTAL FUNDS CARRIED FORWARD

(32,637

)

282,126

249,489

278,618

2019

2018

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

7

1,633

413,064

414,697

434,854

CURRENT ASSETS

Debtors

8

(1,537

)

23,928

22,391

10,699

Cash at bank and in hand

649

26,657

27,306

44,790

(888

)

50,585

49,697

55,489

CREDITORS

Amounts falling due within one year

9

(33,382

)

(45,125

)

(78,507

)

(56,614

)

NET CURRENT ASSETS/(LIABILITIES)

(34,270

)

5,460

(28,810

)

(1,125

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(32,637

)

418,524

385,887

433,729

CREDITORS

Amounts falling due after more than one year

10

-

(136,398

)

(136,398

)

(155,111

)

NET ASSETS

(32,637

)

282,126

249,489

278,618

FUNDS

12

Unrestricted funds

(32,637

)

(22,974

)

Restricted funds

282,126

301,592

TOTAL FUNDS

249,489

278,618

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 8 June 2020 and were signed on its behalf by:

G Downey - Trustee

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 2015)',

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.

The presentation currency of the accounts is in sterling, and the figures are rounded to the nearest £1. The

Charitable Company is incorporated in England and the registered office is Lister Drive, Liverpool, Merseyside,

L13 7HH.

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.

Short leasehold

-

Straight line over 25 years

Fixtures, fittings & equipment

-

25% on reducing balance

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.

Going concern

The financial statements have been prepared on a going concern basis. Despite consecutive years of being in a

deficit position, the Trustees believe that the organisation will continue to trade for the foreseeable future. The

Trustees cite the continued dedication of everyone involved with the organisation as a reason for this, as well as

the availability of significant additional funds from lenders and grant providers on request.

2.	INVESTMENT INCOME

2019

2018

£

£

Deposit account interest

1

3

3.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2019

2018

£

£

Auditors' remuneration

3,600

3,270

Depreciation - owned assets

20,157

20,157

4.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 July 2019 nor for the year ended

31 July 2018.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 July 2019 nor for the year ended 31 July 2018.

5.	STAFF COSTS

The average monthly number of employees during the year was as follows:

2019

2018

Administration

4

4

Childcare

16

16

20

20

No employees received emoluments in excess of £60,000.

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

7,238

19,800

27,038

Charitable activities

Nursery and clubs

295,492

-

295,492

Building improvement fund

1,266

8,191

9,457

Key Fund Grant

-

35,000

35,000

Investment income

3

-

3

Other income

2,324

-

2,324

Total

306,323

62,991

369,314

EXPENDITURE ON

Charitable activities

Nursery and clubs

315,872

-

315,872

Building improvement fund

-

26,223

26,223

Key Fund Grant

-

39,640

39,640

Other expenditure

-

1,200

1,200

Other

3,420

-

3,420

Total

319,292

67,063

386,355

NET INCOME/(EXPENDITURE)

(12,969

)

(4,072

)

(17,041

)

Transfers between funds

(4,548

)

4,548

-