Charity Number 1013285
## Chorlton Good Neighbours
Report and financial statements For the year ended 31st March 2023
## Chorlton Good Neighbours
## Reference and administrative information
for the year ended 31st March 2023
**Charity number** 1013285 **Registered office and operational address** Wilbraham St Ninians Church Egerton Road South Chorlton-Cum-Hardy Manchester M21 0XJ
**Trustees** Trustees who served during the year and up to the date of this report were as follows:
|Rev Ken Stokes|Chair|
|---|---|
|Kathryn Grand|Secretary|
|Michael Schaefer|Treasurer|
|Andrew Peter Dawson||
|Angela Downing||
|Dennis Haughton||
|Rev Jennifer King||
|Bernard Leach||
|Philip Lloyd||
|Mary O Mahoney|(appointed Sep 22)|
|Kay Roberts|(appointed Sep 22)|
|Andrew Scriven|(appointed Sep 22)|
|Allision Sheard|(appointed Sep 22)|
|Joan Constable|(resigned Sep 2022)|
|Christine Bentley|(resigned Nov 2022)|
Trustees who held title to property belonging to the charity during the reporting period or at the date of approval were:
Mr Andrew Dawson (trustee) and Mr Bernard Leach (trustee) are the registered owners of the leasehold property (Flat 10, Fielden Court, 245 Barlow Moor Road, Chorlton, Manchester M221 7AY)
|**Key management**|Helen Hibberd|Co-ordinator|
|---|---|---|
|**Personnel**|||
|**Bankers**|Lloyds TSB Bank plc|CAF Bank Ltd|
||25 Gresham Street|25 Kings Hill Avenue|
||London|Kings Hill|
||EC2V 7HN|West Mailing|
|||Kent ME19 4JQ|
|**Independent examiner**|Christy Lau FCCA CTA DChA|
|---|---|
||Slade & Cooper Limited|
||Beehive Mill|
||Jersey Street|
||Manchester|
||M4 6JG|
1
## Chorlton Good Neighbours
## Trustees’ annual report
## for the year ended 31st March 2023
The trustees present their report and the unaudited financial statements for the year ended 31st March 2023.
Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the charity’s constitution and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.
## **Objectives and activities**
The objective of the charity is to support persons resident in Chorlton-Cum-Hardy and adjacent districts who are in need, hardship or distress regardless of gender, disability, religion or belief, race, ethnicity or sexual orientation.
The trustees review the aims, objectives and activities of the charity each year. The Annual Report looks at what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity's aims, objectives and activities remained focused on its stated purposes.
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set.
## **Achievements and performance**
The charity's main activities and who it tries to help are described fully in the Annual report 2023 which follows note 20 to the accounts.
## **Financial review**
Please see the Annual report 2023 which follows note 20 to the accounts.
## Reserves policy
The total reserves of the charity at the year-end were £491,845 comprising restricted funds of £2,491 and unrestricted funds of £489,354. Chorlton Good Neighbours has agreed to keep minimum reserves of £ 50,000, so they will be able to pay full redundancy costs to staff in case the charity becomes financially unviable.
2
Chorlton Good Neighbours
## Trustees’ annual report
for the year ended 31st March 2023
## **Plans for the future**
Please see the Annual report 2023 which follows note 20 to the accounts.
## **Structure, governance and management**
The management committee consists of up to 12 trustees who govern the charity through a constitution. The trustees appoint officer to the management committee in the form of a Chair, Treasurer and Secretary. This is done annually at the AGM. Officer positions are nominated through members of the committee and the officer must be a member of the committee. A vote takes place at the AGM involving all members of the charity.
Existing trustees are responsible for identifying potential new members, taking into account the need for a wide range of skills and experience required to ensure effective management of the organisation. A democratic process takes place at the AGM.
The organisation is an unincorporated charity registered as a charity on 30/07/1992 in England and Wales.
The charity is constituted under a constitution 1992. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.
All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 10 to the accounts.
3
## Chorlton Good Neighbours
## Trustees’ annual report
## for the year ended 31st March 2023
## Statement of responsibilities of the trustees
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the period and of its financial position at the end of the period. In preparing financial statements giving a true and fair view, the trustees should follow best practice and:
- Select suitable accounting policies and then apply them consistently
- Observe the methods and principles in the Charities SORP
- Make judgements and estimates that are reasonable and prudent
- State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The trustees’ annual report has been approved by the trustees on 21[st] September 2023 and signed on their behalf by
Michael Schaefer (Treasurer)
4
## Independent examiner’s report
## to the trustees of
## Chorlton Good Neighbours
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31[st] March 2023 which are set out on pages 6 to 25.
## **Responsibilities and basis of report**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 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 that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Christy Lau FCCA CTA DChA _Slade & Cooper Limited, Chartered Certified Accountants Beehive Mill, Jersey Street Manchester, M4 6JG_
8[th] January 2024
5
## Chorlton Good Neighbours
## Statement of Financial Activities
## for the year ended 31 March 2023
|Unrestricted
funds
Note
£
**Income from:**
Donations and legacies
3
14,934
Charitable activities:
4
Support services
72,070
Investments
5
13,687
**Total income**
**100,691**
**Expenditure on:**
Charitable activities:
6
Support services
97,680
**Total expenditure**
**97,680**
3,011
21,196
8
**24,207**
**Net movement in funds for the year**
**24,207**
**Reconciliation of funds**
Total funds brought forward
465,147
**Total funds carried forward**
**489,354**
**Net income/(expenditure) before**
**net gains/(losses) on**
**investments**
Realised gains/(losses) on investments
**Net income/(expenditure) for the**
**year**|Restricted
funds
£
-
20,635
-
**20,635**
24,994
**24,994**
(4,359)
-
**(4,359)**
**(4,359)**
6,850
**2,491**|Total funds
2023
£
14,934
92,705
13,687
**121,326**
122,674
**122,674**
(1,348)
21,196
**19,848**
**19,848**
471,997
**491,845**|_Total funds_
_2022_
_£_
_15,255_
_86,383_
_13,474_|
|---|---|---|---|
||||**_115,112_**|
||||_102,524_|
||||**_102,524_**|
||||_12,588_
_15,506_|
||||**_28,094_**|
||||**_28,094_**
_443,903_|
||||**_471,997_**|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
A full comparative SOFA is available on the last page of the financial statements.
6
## Chorlton Good Neighbours
## Balance Sheet
## as at 31 March 2023
|Note
£
£
**Fixed assets**
Investments
13
442,035
**Total fixed assets**
**442,035**
**Current assets**
Debtors
14
2,605
Cash at bank and in hand
15
51,756
**Total current assets**
**54,361**
**Liabilities**
Creditors: amounts falling
due in less than one year
16
(4,551)
**Net current assets**
**49,810**
**Total assets less current liabilities**
491,845
**Net assets**
**491,845**
**Funds of the charity:**
Restricted income funds
17
2,491
Unrestricted income funds
18
489,354
**Total charity funds**
**491,845**
2023|_£_
_£_
_370,839_
**_370,839_**
_2,223_
_100,789_
**_103,012_**
_(1,854)_
**_101,158_**
_471,997_
**_471,997_**
_6,850_
_465,147_
**_471,997_**
_2022_|_£_
_£_
_370,839_
**_370,839_**
_2,223_
_100,789_
**_103,012_**
_(1,854)_
**_101,158_**
_471,997_
**_471,997_**
_6,850_
_465,147_
**_471,997_**
_2022_|
|---|---|---|
|||**_370,839_**
**_101,158_**|
|||_471,997_|
|||**_471,997_**|
|||_6,850_
_465,147_|
|||**_471,997_**|
The notes on pages 9 to 25 form part of these accounts.
Approved by the trustees on 21/09/2023 and signed on their behalf by:
Michael Schaefer (Treasurer)
7
## Chorlton Good Neighbours
## Statement of Cash Flows for the year ending 31 March 2023
|Note
2023
£
**Cash provided by/(used in) operating activities**
20
**(12,720)**
_Cash flows from investing activities:_
Dividends, interest, and rents from investments
13,687
Purchase of investments
(50,000)
**Cash provided by/(used in) investing activities**
**(36,313)**
(49,033)
Cash and cash equivalents at the beginning of the year
100,789
**Cash and cash equivalents at the end of the year**
**51,756**
Increase/(decrease) in cash and cash
equivalents in the year|_2022_
_£_
**_(1,199)_**
_13,474_
_-_
**_13,474_**
_12,275_
_88,514_
**_100,789_**
_-_|
|---|---|
8
Chorlton Good Neighbours
Notes to the accounts for the year ended 31 March 2023
## **1 Accounting policies**
The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## **a Basis of preparation**
The financial statements have been prepared in accordance with 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), second edition - October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 and UK Generally Accepted Accounting Practice.
The accounts (financial statements) have been prepared to give a 'true and fair view' and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure has involved following 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), second edition - October 2019, rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
Chorlton Good Neighbours meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
## **b Preparation of the accounts on a going concern basis**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
The trustees have made no key judgments which have a significant effect on the accounts.
The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.
9
Chorlton Good Neighbours
## Notes to the accounts for the year ended 31 March 2023 (continued)
## **c Income**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.
Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met.
## **d Donated services and facilities**
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised; refer to the trustees’ annual report for more information about their contribution.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
## **e Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
10
Chorlton Good Neighbours
## Notes to the accounts for the year ended 31 March 2023 (continued)
## **f Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of charity.
Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.
Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.
## **g Expenditure and irrecoverable VAT**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
- Expenditure on charitable activities includes the costs undertaken to further the purposes of the charity and their associated support costs.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## **h Allocation of support costs**
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity's programmes and activities. The bases on which support costs have been allocated are set out in note 7.
11
Chorlton Good Neighbours
## Notes to the accounts for the year ended 31 March 2023 (continued)
## **i Fixed asset investments**
The charity held an investment property and Income Units in the COIF Charities Investment Fund. The valuation of the investment property is measured initially at cost and subsequently at fair value at the reporting date.
The fair value of investment property is based on a valuation by an independent valuer who has recent experience in the location and class of the property being valued.
The Income Units are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.
The Charity does not acquire put options, derivatives or other complex financial instruments.
The main form of financial risk faced by the charity is that of volatility in equity markets and investment markets due to wider economic conditions, the attitude of investors to investment risk, and changes in sentiment concerning equities and within particular sectors or sub sectors.
## **j Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **k Cash at bank and in hand**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **l Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **m Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
12
Chorlton Good Neighbours
## Notes to the accounts for the year ended 31 March 2023 (continued)
## **n Pensions**
Employees of the charity are entitled to join a defined contribution ‘money purchase’ scheme. The charity’s contribution is restricted to the contributions disclosed in note 9. There were £277 outstanding contributions at the year end (2022: £88).
## **2 Legal status of the charity**
The charity is an unincorporated charity, registered as a charity in England & Wales on 30/07/1992. The registered office address is disclosed on page 1.
## **3 Income from donations and legacies**
|**Current reporting period**
Donations
Manchester Crematorium
**Total**
**_Previous reporting period_**
_Donations_
_Manchester Crematorium_
**_Total_**|Unrestricted
£
10,934
4,000
14,934
_Unrestricted_
_£_
_11,755_
_3,500_
_15,255_|Restricted
£
-
-
_Restricted_
_£_
_-_
_-_
_-_|Total 2023
£
10,934
4,000|
|---|---|---|---|
||||14,934|
||||_Total 2022_
_£_
_11,755_
_3,500_|
||||_15,255_|
13
Chorlton Good Neighbours
## Notes to the accounts for the year ended 31 March 2023 (continued)
## **4 Income from charitable activities**
|**Current reporting period**
**Grants**
Wellbeing
Older People's Neighbourhood Support
Greater Manchester Mental Health
**Fees and other income**
Fees
Contributions
**Total**
**_Previous reporting period_**
**_Grants_**
_Wellbeing_
_Older People's Neighbourhood Support_
_Top Up Grant_
_Covid Impact Fund_
_Micro-grant_
_Greater Manchester Mental Health_
**_Fees and other income_**
_Fees_
_Contributions_
**_Total_**
_Barlow Moor Community Centre_
Manchester City Council
_Manchester City Council_
Big Lottery/Awards for All
_Big Lottery_
_Didsbury Good Neighbours_|Unrestricted
£
50,000
-
-
-
50,000
19,742
2,328
22,070
72,070
_Unrestricted_
_£_
_50,000_
_-_
_-_
_-_
_-_
_-_
_1,984_
_-_
_-_
_51,984_
_9,226_
_1,398_
_10,624_
_62,608_|Restricted
£
-
1,250
9,985
9,400
20,635
-
-
-
20,635
_Restricted_
_£_
_-_
_2,500_
_4,850_
_3,968_
_2,000_
_3,357_
_-_
_6,800_
_300_
_23,775_
_-_
_-_
_-_
_23,775_|Total 2023
£
50,000
1,250
9,985
9,400|
|---|---|---|---|
||||70,635
19,742
2,328|
||||22,070|
||||92,705|
||||_Total 2022_
_£_
_50,000_
_2,500_
_4,850_
_3,968_
_2,000_
_3,357_
_1,984_
_6,800_
_300_|
||||_75,759_
_9,226_
_1,398_|
||||_10,624_|
||||_86,383_|
14
**5 Investment income**
## Chorlton Good Neighbours
## Notes to the accounts for the year ended 31 March 2023 (continued)
|**Current reporting period**
Income from bank deposits
Dividends received
Rent - investment property
**_Previous reporting period_**
_Dividends received_
_Rent - investment property_|Unrestricted
£
61
5,807
7,819
13,687
_Unrestricted_
_£_
_5,373_
_8,101_
_13,474_|Restricted
£
-
-
-
-
_Restricted_
_£_
_-_
_-_
_-_|Total 2023
£
61
5,807
7,819|
|---|---|---|---|
||||13,687|
||||_Total 2022_
_£_
_5,373_
_8,101_|
||||_13,474_|
15
Chorlton Good Neighbours
## Notes to the accounts for the year ended 31 March 2023 (continued)
## **6 Analysis of expenditure on charitable activities**
|Staff costs
Training
Office Costs
Catering
Project Costs
Outings
Governance costs (see note 7)
Restricted expenditure
Unrestricted expenditure
**7**
**Analysis of governance and support costs**
**Current reporting period**
Basis of
apportionment
Accountancy services
Governance
Legal and professional
Governance
**_Previous reporting period_**
_Basis of_
_apportionment_
_Accountancy services_
_Governance_
_Legal and professional_
_Governance_|Total 2023
£
65,850
3,896
17,707
4,221
24,114
2,942
3,944
122,674
2023
£
24,994
97,680
122,674
Governance
£
1,320
2,624
3,944
_Governance_
_£_
_1,220_
_2,568_
_3,788_|_Total 2022_
_£_
_62,469_
_1,415_
_19,052_
_35_
_15,765_
_-_
_3,788_|
|---|---|---|
|||_102,524_|
|||_2022_
_£_
_25,253_
_77,271_|
|||_102,524_|
|||_Total 2023_
£
1,320
2,624|
|||3,944|
|||_Total 2022_
_£_
_1,220_
_2,568_|
|||_3,788_|
16
Chorlton Good Neighbours
Notes to the accounts for the year ended 31 March 2023 (continued)
## **8 Net income/(expenditure) for the year**
|This is stated after charging/(crediting):
Operating lease rentals:
Property
Independent examiner's fees (net of VAT)
Accountancy fees
Independent examination
Bookkeeping fees
Payroll bureau
**Staff costs**
Staff costs during the year were as follows:
Wages and salaries
Social security costs
Pension costs|2023
£
-
870
230
904
356
2023
£
64,731
-
1,119
65,850|_2022_
_£_
_2,500_
_807_
_210_
_904_
_385_|
|---|---|---|
|||_2022_
_£_
_61,574_
_-_
_895_|
|||_62,469_|
## **9 Staff costs**
No employees has employee benefits in excess of £60,000 (2022: Nil).
The average number of staff employed during the period was 4 (2022: 4).
The key management personnel of the charity comprise the trustees and the Co-ordinator. The total employee benefits of the key management personnel of the charity were £41,256 (2022: £34,282).
## **10 Trustee remuneration and expenses, and related party transactions**
Neither the trustees nor any persons connected with them received any remuneration during the year (2022: Nil).
One trustee (2022: None) received travel and subsistence / reimbursed expenses during the year of £62 (2022: Nil).
There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.
No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2022: nil).
17
Chorlton Good Neighbours
## Notes to the accounts for the year ended 31 March 2023 (continued)
## **11 Government grants**
The government grants recognised in the accounts were as follows:
|Manchester City Council
Wellbeing
Top Up Grant
Micro Grant
Older People's Neighbourhood Support
Covid Impact Fund
Greater Manchester Mental Health|2023
£
50,000
-
-
1,250
-
9,400
60,650|_2022_
_£_
_50,000_
_4,850_
_2,000_
_2,500_
_3,968_
_6,800_|
|---|---|---|
|||_70,118_|
£1,902 (all restricted funds carried forward) relate to the unspent grant at the year end (see note 17). Conditions attached are to complete the project, which we expect to do in the forthcoming financial years.
## **12 Corporation tax**
The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.
## **13 Fixed assets investments**
|Add: additions to investments at cost
Add net gain/(loss) on revaluation
Investments at fair value comprised:
Investment Property
COIF Charities Investment Fund
Market value at the end of the year
Market value at the start of the year|2023
£
370,839
50,000
21,196
442,035
205,000
237,035
442,035|_2022_
_£_
_355,333_
_-_
_15,506_|
|---|---|---|
|||_370,839_|
|||_176,459_
_194,380_|
|||_370,839_|
The charity held an investment property and Income Units in the COIF Charities Investment Fund. The property held by the charity is to earn rentals and for capital appreciation. The valuation of the investment property is measured at fair value. The Income Units are carried at fair value.
18
## Chorlton Good Neighbours
## Notes to the accounts for the year ended 31 March 2023 (continued)
## **14 Debtors**
|**14**
**Debtors**|||
|---|---|---|
|Prepayments and accrued income
**15**
**Cash at bank and in hand**
Cash at bank and on hand|2023
£
2,605
2,605
2023
£
51,756
51,756|_2022_
_£_
_2,223_|
|||_2,223_|
|||_2022_
_£_
_100,789_|
|||_100,789_|
## **16 Creditors: amounts falling due within one year**
|Other creditors and accruals|2023
£
4,551
4,551|_2022_
_£_
_1,854_|
|---|---|---|
|||_1,854_|
19
Chorlton Good Neighbours
## Notes to the accounts for the year ended 31 March 2023 (continued)
## **17 Analysis of movements in restricted funds**
|Total
**Current reporting**
**period**
MCC Top Up
Grant
Greater
Manchester
Mental Health
MCC Micro-grant
Older People's
Neighbourhood
Support
Big
Lottery/Awards
for All|Balance at
1 April
2022
£
2,065
845
1,423
2,517
-
6,850
|Income
£
1,250
-
-
9,985
9,400
20,635|Expenditure
£
(2,115)
(845)
(1,423)
(11,211)
(9,400)
(24,994)|Transfers
£
-
-
-
-
-
-|Balance at
31 March
2023
£
1,200
-
-
1,291
-|
|---|---|---|---|---|---|
||||||2,491|
20
Chorlton Good Neighbours
## Notes to the accounts for the year ended 31 March 2023 (continued)
|_Total_
_Barlow Moor_
_Community_
_Centre_
_Awards For All_
_Older People's_
_Neighbourhood_
_Support_
**Name of**
**restricted fund**
_MCC Top Up_
_MCC Covid_
_Impact Fund_
_MCC Micro-grant_
_Big Lottery_
_Greater_
_Manchester_
_Mental Health_
**_Previous_**
**_reporting period_**
_South_
_Manchester_
_Neighbourhood_
_Grant_|_Balance at_
_1 April_
_2021_
_Income_
_Expenditure_
_Transfers_
_£_
_£_
_£_
_£_
_4,322_
_-_
_(4,322)_
_-_
_2,436_
_-_
_(2,436)_
_-_
_1,570_
_2,500_
_(2,005)_
_-_
_-_
_4,850_
_(4,005)_
_-_
_3,968_
_(3,968)_
_-_
_-_
_2,000_
_(577)_
_-_
_3,357_
_(840)_
_-_
_-_
_6,800_
_(6,800)_
_-_
_-_
_300_
_(300)_
_-_
_8,328_
_23,775_
_(25,253)_
_-_
**Description, nature and purposes of the fund**|_Balance at_
_31 March_
_2022_
_£_
_-_
_-_
_2,065_
_845_
_-_
_1,423_
_2,517_
_-_
_-_|
|---|---|---|
|||_6,850_|
||||
Older People's Neighbourhood Support - Partnership working with St. Clement’s church MCC Top Up Grant - to enhance and develop current activities post Covid-19 MCC Micro-grant - to sustain The Digital Inclusion and outreach work Big Lottery/Awards for All - The Positive Living project
Greater Manchester Mental Health - Exercise classes
South Manchester Neighbourhood Grant - to address operational issues, including Covid-19 Awards For All - The Positive Living project
MCC Covid Impact Fund - to develop an initial Digital Inclusion project and fund small group activities
Barlow Moor Community Centre -promote the flu vaccine
21
## Chorlton Good Neighbours
## Notes to the accounts for the year ended 31 March 2023 (continued)
## **18 Analysis of movement in unrestricted funds**
## **Current reporting period**
|General fund
**_Previous reporting period_**
_General fund_|Balance at
1 April 2022
£
465,147
465,147
_Balance at_
_1 April 2021_
_£_
_435,575_
_435,575_|Income
£
100,691
100,691
_Income_
_£_
_91,337_
_91,337_|Expenditure
£
(97,680)
(97,680)
_Expenditure_
_£_
_(77,271)_
_(77,271)_|Investment
gains/
(losses)
21,196
21,196
Investment
gains/
(losses)
15,506
_15,506_|Transfers
£
-
-
_Transfers_
_£_
_-_
_-_|As at 31
March 2023
£
489,354|
|---|---|---|---|---|---|---|
|||||||489,354|
|||||||_As at 31_
_March 2022_
_£_
_465,147_|
|||||||_465,147_|
## **Name of unrestricted fund**
## **Description, nature and purposes of the fund**
General fund
The free reserves after allowing for all designated funds
22
## Chorlton Good Neighbours
## Notes to the accounts for the year ended 31 March 2023 (continued)
## **19 Analysis of net assets between funds**
|**Current Reporting Period**
Fixed asset investments
Other net current assets/(liabilities)
Total
**_Previous Reporting Period_**
_Fixed asset investments_
_Other net current assets/(liabilities)_
_Total_|General
fund
£
442,035
47,319
489,354
_General_
_fund_
_£_
_370,839_
_94,308_
_465,147_|Designated
funds
£
-
-
-
_Designated_
_funds_
_£_
_-_
_-_
_-_|Restricted
funds
£
-
2,491
2,491
_Restricted_
_funds_
_£_
_-_
_6,850_
_6,850_|Total
£
442,035
49,810|
|---|---|---|---|---|
|||||491,845|
|||||_Total_
_£_
_370,839_
_101,158_|
|||||_471,997_|
23
Chorlton Good Neighbours
## Notes to the accounts for the year ended 31 March 2023 (continued)
## **20 Reconciliation of net movement in funds to net cash flow from operating activities**
|**Net income/(expenditure) for the year**
**Adjustments for:**
(Gains)/losses on investments
Dividends, interest and rents from investments
Decrease/(increase) in debtors
Increase/(decrease) in creditors
**Net cash provided by/(used in) operating**|2023
£
19,848
(21,196)
(13,687)
(382)
2,697
(12,720)|_2022_
_£_
_28,094_
_(15,506)_
_(13,474)_
_1,101_
_(1,414)_|
|---|---|---|
|||_(1,199)_|
24
## Chorlton Good Neighbours
## Statement of Financial Activities for the year ended 31 March 2022
|Unrestricted
funds
Note
£
**Income from:**
Donations and legacies
3
15,255
Charitable activities:
4
Support services
62,608
Investments
5
13,474
**Total income**
**91,337**
**Expenditure on:**
Charitable activities:
6
Support services
77,271
**Total expenditure**
**77,271**
14,066
15,506
8
**29,572**
**Net movement in funds for the year**
**29,572**
**Reconciliation of funds**
Total funds brought forward
435,575
**Total funds carried forward**
**465,147**
Realised gains/(losses) on investments
**Net income/(expenditure) before**
**net gains/(losses) on**
**investments**
**Net income/(expenditure) for the**
**year**|Restricted
funds
£
-
23,775
-
**23,775**
25,253
**25,253**
(1,478)
-
**(1,478)**
**(1,478)**
8,328
**6,850**|Total funds
2022
£
15,255
86,383
13,474
**115,112**
102,524
**102,524**
12,588
15,506
**28,094**
**28,094**
443,903
**471,997**|_Total funds_
_2021_
_£_
_16,038_
_57,340_
_13,192_|
|---|---|---|---|
||||**_86,570_**|
||||_88,026_|
||||**_88,026_**|
||||_(1,456)_
_30,678_|
||||**_29,222_**|
||||**_29,222_**
_414,681_|
||||**_443,903_**|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
25
## **Management Committee 2022-23**
CHAIR Rev Ken Stokes
SECRETARY Kate Grand TREASURER Michael Schaefer
## **Others**
Christine Bentley (resigned Nov 2022)
Andrew Dawson
Angela Downing
Dennis Haughton
Rev Jenny King
Bernard Leach
Philip Lloyd
Mary O Mahoney
Kay Roberts
Andrew Scriven
Allison Sheard
## **Chorlton Good Neighbours Vision**
CGN
ethnicity, gender, sexuality, or disability can have a meaningful, enjoyable, and valued older age.
Chair's comments .... Rev Ken Stokes
When I was a child ry mother and father told me that I better pass the 11 plus exam to go to Grammar
School or there would not be another chance for me to be a success in life. Todayour societydoes not
choose to decide a child's future on the basis of a child's academic
ability at age 11. Instead. lifelong learning is seen as essential for
anyone who wants to build a successful career. It is also something
that has always been part of the ethos of Chorlton Good Neighbours
and very much encourdged by our amazing organiser, Helen.
11
There are a few reasons for this. Research suggeststhat a
commitment to continued learning may protect our brain's function as
we age. A recognition of this truth has led Good Neighbours to offer
intellectually stirnulatr" ng acttvittes like our history talks. Yet perhapsjustas importantly we have
encouraged our users to learn new skills and ideas in the belief that learning is fun and enriches our lives.
We believe this is true whether that is the learning that takes place in our drdma group, our exercise classes
or listening to speakers at ourThursday Coffee Morning. No matter what our age we can always learn and
so become a better version of ourselves. Thisapplies to Good Neighbours as an organisation too.
Over the last few months. the Good Neighbours committee has been reviewing our policies and looking at
how we shape ourselves to be more aw47re of and Spond in the best way to those who we care for. We
want to focus particularlyon those who might be in some sense be excluded, vulnerable or at risk. So,
during the next year we will be rolling out more training for our wonderful staff, volunteers, users and the
CGN committee so thatwe are even better equipped to meet the challenges we face. As with anything we
do, I think I can promise that this training will be challenging, stimulating and hopefullyi a lot of the time,
quite simplyfun.
Treasurer's report.... Michael Schaefer
The financial year 2022123 saw CGN'S activities return back to normal and with
it came an increase in revenues for all the activities we put on, because more
of you could attend and participate. That is the good news. However, despite
this, we ended up with a small operational defi'cit, which is mainly due to
increasing costs. Thankfully our investments also increased in value and that
means that we finished the year overall in a positive fi'nancial position.
The best and most important news we received this year was the decision of
Manchester City Council to continue funding Chorlton Good Neighbours for the
next two years and even increase their contribution. You may remember that
the funding from MCC runs in 2->year Lycles and all beneficiaries have to
reapply before the end of every cycle. We are very happy and grateful that the
council agrees that CGN brings great value to our local community and to you.
Othercontributors we would liketothank are Manchester PublicHealth &Wellbeing, the Community Lottery
fund and local businesses such as Morrisons and Manchester Crematorium
We are also grateful to all of you who donated, orgift aided. We understand that the on%oing cost of living
crisis makes it harder to do so and this probably explains the fact that donations from individuals reduced
significantly. But every donation, however big or small, helps CGN to be there for you in years to come and
vour continued support is therefore greatly appreciated.
Thank you and stsy safe!
Co Ordinator's Report ... Helen Hibberd
I sometimes get inquiries from people living outside of Manchester (or even in certain other
parts of the city) asking for support, and what it makes me realise is how fortunate we are
to live in a part of the city that has a group like ours. People often end the call with '1 wish
we had something like Good Neighbours in our area,, and that should encourage us all to
continue investing and valuingthe charity, so it can be here for many years to come. Our
future relies on making sound financial decisions, Strategic planning, recruiting the right
staff and volunteers, and ensuring older members needs and interests are central to our
development.
Looking back at the past year, and acknowledging we were still in the shadow of the
pandemic, it was clear certain attivities were taking a time to resume usual levels of
participation; in particular, the more 'social' type attivities- coffee mornings, Sunday teas
and day trips - which tend to attract those more isolated, and possibly frailer and older. Two
years of lockdown, and reduced activity, meant many of our active former CGN members,
had become accustomed to spending most of the time on their own, had lost some mobility
and motivation, and therefore have not been able to rejoin us, despite plenty of
encouragement. For some of those members our input has continued through l-l support,
but this has also meant encouraging others to come and join us. This fortunately has been
successful. New leaflets, word of mouth, use of social media, and re-connecting with our
local network of colleagues, has seen our coffee mornings needing more tables and
volunteers to help, and our latest coach trip had a waiting list, which is what we would
normally expect.
One of the most important consequences of our work is that by bringing people together,
friendships and acquaintances develop outside of the activities; we have facilitated a space
for natural friendships to grow. For example, we know the ladies from the Coffee shop
meetings telephone each other during the week, the chaps from snooker go off to other
events at weekends, and members who have met at Thursday coffee morning go on holiday
together- this is the marvellous by
produtt of CGN'S existence -residents
benefi'tting from those close individual
friendshi ps, as well as the larger circle
of acquaintances they meet at group
funttions.
Most of our small group activities-
Art & Craft, Melodics, Drama, Gardening, The Tuesday group (for parents and babies),
Positive Living and Tuesday snooker- have had consistent participation, and this ha5 helped
forged a closeness amongst attendees and the volunteers taking part, and shared
enjoyment of the sessions.
wr
IVL
JE
We always welcome more people to come and join in, or even
come and observe a session to see if it is for you, so please
spread the word! We continued running the History talksvia zoom for most of the year but
have since reverted to in person meetings, which people appreciate. The Digital Drop in is
still proving very valuable for those who access it, and we thank 3 volunteers- Bernard,
Steven, and Stephen - for running that since paid worker Aidan moved abroad. The need to
support people to feel confident using all forms of technology and increase digital inclusion,
is on everyone's agenda, and CGN has helped over 70 people this past year with their
concerns around setting passwords, ordering online, logging into Wi-Fi, deleting WhatsApp
messages and the best mobile or tablet to buy.
The Tuesday Group continues to run as a joint project with WSN
church, and its team of brilliant volunteers have ensured that parents
facing certain challenges are well supported in a safe meeting space.
The office has been as busy as ever with requests for numbers of
reliable tradespeople and general information, and it could not run as
well as it does without the regular 5UPPOrt of volunteers Diana, Hilary,
Virginia, and Peter. SO many thanks to them. Renovations to the old
office over the past year has meant us continuing to operate out of the
church vestry and the gardening club meeting indoors to work on
tapestries for outside. The latter group have now resumed the Fridays
in the garden and of course have had the task of regenerating it back
to its former glory!
I mentioned earlier about recruiting new staff and volunteers, and this has not been easy.
Nationally, recruitment in certain sectors has been challenging and we are part of that
trend. Fortunately, we have now got two new paid staff, Christina Hanley, our new visiting
support worker, and Frankie Astley just recently joined us as our Activities Assistant. Thanks
also go to Phil Barrett, the older men's worker, who retired in March 2023 after 6 and half
years with us. Again, recruitment for that post felt challenging, but it's incredible how 'the
right people come along at the right time, and an offer from retired Social Worker Jon
Clinton, to take on the visits in a voluntary capacity has proved really successful. Together
with experienced community worker Moira Bowater they are a brilliant team, and we thank
them all for their support and kindness to the older members.
In terms of volunteers, a Community Life Survey, carried out by NCVO, found that after the
pandemic the proportion of the UK population who
were volunteering was down from 23Yo to 16Yo' that is,
volunteer participation had not fully recovered. Our
figures reflect that finding, with less people having
offered to volunteer with CGN this past year. That
said, CGN retains its solid core of volunteers, including
15 new ones and some young people carrying out
their Duke of Edinburgh Awards scheme or building volunteer hours to supporttheir
university applications. All are committed to
supporting achvities, helping in the office, and giving
one to one support through befriending and regular
driving, and of course taking on responsibilities as
Trustees. We give our grateful thanks to all of them-
they are the backbone of the organi5ation, and pivotal
to its operation and success.
We lost the services of 15 volunteers this past year, most having either moved away or
finding they now have too many commitments.
-
-
-
-
-
-
-
-
-
-
-
-
-
CGN has continued to cement its connections across the wards, whilst recognising a few
pre pandemic relationships have disappeared or altered. For example, older residents do
miss the monthly hearing aid drop in, that was originally facilitated by Hear to Help /
Withington audiology. Residents now have to visit Withington hospital for any tu cleaning
or aid concerns. Luckily though CGN can still distribute hearing aid batteries which is a
much-needed service. We really value community colleagues such as nurse Eileen who visits
once per fortnight at Thursday coffee mornings, taking blood pressures and dealing with
concerns, our PCSO'S, housing scheme managers, the Falls team, Focussed care
prattitioners, GP practice staff and our local Councillors. All these people support us to
understand how the community works, and how we might access ts'mely support for older
residents struggling with declining health or general concerns.
Links with other local voluntary and community
groups has enabled us to invite speakers to coffee
mornings (e.g., Groundwork, Care & Repair, U3A,
Cycling without Age) as well as send out regular
emails and newsletters with lots of local and city-
wide information to 350 regular members and
volunteers. CGN has also enjoyed and valued
being part of community events such as the
Chorlton Book Festival, when the Drama group
performed, the Chorlton Arts festival (Art
exhibition and another drama performance),
having stalls at the Great Chorlton Get together and Kingsbrook Rd Fun day, and building
gingerbread houses at Brookburn Primary's senior citizens Christmas party.
Ilo
ghbours
eprovldesupport. acllYiNes and
IfxrnullonlorloEololder
CGN has continued to work with the local Age Friendly Whalley Range and Chorlton Board,
keeping the spotlight on older residents
needs and AF practices, as well as benefit
from a strong partnership with Didsbury
Good Neighbours and Withington Assist,
securing a Lottery grant for our respective
Positive Living groups. MCR Active now fund
our 3 weekly on site exercise sessions, as well
as the 2 zoom classes, and they seem keen to
develop a closer working relationship with us.
Going forward it is apparent that more and more groups are chasing the same pots of
money so having a diverse funding base is critical. Relying solely on grant funding is not an
option, especially if we wish to keep developing our services. We know members and
volunteers support us when they can with generous donations and gifts in kind, and this is
especially appreciated when we acknowledge the current cost of living crisis. We have also
been very grateful for the financial support from Manchester Crematorium, the Carlton
-
-
-
-
-
–
72 local residents supported at
Thursday Digitsl Drop In 10-
11.30am
2.(KIO balls potted over the
past year atTuesday
snooker session 1-3pm
ceived regular
I support
rough
riending. and
lephone calls
25
3,(XM) cups irfcoffee ser4Ed
Thursday Coffee mornings 10-
IL15am over the past year
volunteer
drivers
have helped
out
47 members getttng creatlve through
joining the Art & Craft. Drama and
Melodics singing sessions.
30% of older members joined in with more than one
activity.
vities on a regular basis
50 % of members keeplng mentally and
physically active through Exercise
classes. Positive VIng Group. History
talks and Gardening Group
Day trips with 50 seater coach to .
Lytham St Anns
Oswaldtwistle Mill
Devonshire Arms, Mellor
Hangirg Gate Pub, Chapel en le
Frith
Member Bill says'joining CGN and comingto the coffee morning and gardening group
makes me feel part of the community; I bump into other CGN
members at the bus
stop, say hello and it
makes us all feel
better"
Volunteer Driver David
reflects 'Wolunteering is
really good for my
mental health as it makes me feel valued
Member Betty says'it's been my salvation I It's an excellent
caring, brilliant service. Very helpful and understanding. l enjoy
the weekly coffee mornings and exercise classes for the company P :.'*J.'
and laughs. l Love attending the trips and events that are
organised. Can't wait for Fridays as I look forward to the chats and
laughs with visitor Moira. I thank God
every day for Chorlton Good
Neighbours"
Community worker Moira writes" l am
now in my 8th year as a support
worker at CGN. Over the years I have
built up trusting and caring relationships with all the clients I
have been involved with. I feel that they look forward to my visits
and feel able to share any worries and concerns they have. I
consider my role a privilege and have met some of the most resilient and inspirational
people ever.
Member Beryl reflects "it is useful to get together
with a crowd of your peers in the local area,
especially if you don't have much contact with
family or old friends"
Volunteer Arthur says "it gives me something
to look forward to; I come and do my bit and
appreciate the feedback from people.
Chorlton Good Neighbours enables people to
be socially inclusive, build friendships and
access community support"
## Chorlton Good Neighbours
## Statement of Financial Activities for the year ended 31 March 2023
|**Income from:**
Donations and legacies
Charitable activities:
Support services
Investments
**Total income**
**Expenditure on:**
Charitable activities:
Support services
**Total expenditure**
**Net movement in funds for the year**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**
Realised gains/(losses) on investments
**Net income/(expenditure) before**
**net gains/(losses) on**
**investments**
**Net income/(expenditure) for the**
**year**|Unrestricted
funds
£
14,934
72,070
13,687
**100,691**
97,680
**97,680**
3,011
21,196
**24,207**
**24,207**
465,147
**489,354**|Restricted
funds
£
-
20,635
-
**20,635**
24,994
**24,994**
(4,359)
-
**(4,359)**
**(4,359)**
6,850
**2,491**|Total funds
2023
£
14,934
92,705
13,687
**121,326**
122,674
**122,674**
(1,348)
21,196
**19,848**
**19,848**
471,997
**491,845**|_Total funds_
_2022_
_£_
_15,255_
_86,383_
_13,474_|
|---|---|---|---|---|
|||||**_115,112_**|
|||||_102,524_|
|||||**_102,524_**|
|||||_12,588_
_15,506_|
|||||**_28,094_**|
|||||**_28,094_**
_443,903_|
|||||**_471,997_**|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
## Chorlton Good Neighbours
## Balance Sheet
## as at 31 March 2023
|**Fixed assets**
Investments
**Total fixed assets**
**Current assets**
Debtors
Cash at bank and in hand
**Total current assets**
**Liabilities**
Creditors: amounts falling
due in less than one year
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**Funds of the charity:**
Restricted income funds
Unrestricted income funds
**Total charity funds**|£
£
442,035
**442,035**
2,605
51,756
**54,361**
(4,551)
**49,810**
491,845
**491,845**
2,491
489,354
**491,845**
2023|_£_
_£_
_370,839_
**_370,839_**
_2,223_
_100,789_
**_103,012_**
_(1,854)_
**_101,158_**
_471,997_
**_471,997_**
_6,850_
_465,147_
**_471,997_**
_2022_|_£_
_£_
_370,839_
**_370,839_**
_2,223_
_100,789_
**_103,012_**
_(1,854)_
**_101,158_**
_471,997_
**_471,997_**
_6,850_
_465,147_
**_471,997_**
_2022_|
|---|---|---|---|
||||**_370,839_**
**_101,158_**|
||||_471,997_|
||||**_471,997_**|
||||_6,850_
_465,147_|
||||**_471,997_**|
Approved by the trustees on 21/09/2023 and signed on their behalf by:
Michael Schaefer (Treasurer)