LIFESHARE LIMITED COMPANY REGISTRATION NO: 2946401 CHARITY REGISTRATION NO: 1042S00 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Illlll *AC J018Y8* 28112r2wd3 COMPANIES HCXJSE D7 *433 LIFESHARE LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 INDEX PAGE MO. CONTENTS Direciors. Reporl Indepen(Jent Examinerfs Rep(Ml Statement of Financial AcIN1t￿5 Balance Sheet Statement of Cash Flows 9-15 Noles to Ihe Accounls LIFESHARE UMITED Report of the trustees for thè yeai ended 31°. March 2023 The trustees present theirannual director5, report and financial statements of the charity for the yeai ended 31" March 2023 which are also p¥epared to meet the requirements for a directors. report and accounts for Companies Act purposes. The financial statement5 comply with the Charities Art 2011. the Companies Act 2006, the Memorandum and Artitles of Association. and the Accounting and Reporting by Charities.. Statement of Recommended Proctice applicable to charities preparÉn8 their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective I january 20191. Referente and administrative information Charity Name.. Lifeshare Limited Charity Number-. 1042500 Company Number". 02946401 Directors and trustee5 The directors of the chaiitrable company (the charity) are its trustees for the purpose of charity law. The trustees and officers serning during the year and since the year end were as follows.. Key rnanagement personnel: Trusteès and D•rectors Christine Sivori Chair Iresigned 8 ottober 20221 Shelley Lanchbury Nicola Sivori Richard Price Barry McGre8or Andrew Vincent Tarpey Matthew Johnson Secretary Iresigned 27" Juty 20231 Iresigned 9- July 20221 IresiBned 4- March 20231 Richard Nelson Jane Carroll Harriet Leighton Janah Hussain lappointed 21" June 20231 (appointed 20 Ottober 20231 (appointed 20, October 20231 lappoinied 31" October 20231 Senior manager Judith Vickers Registered Office 27 Houldsworth Street Manchester MI IEB Independent Examiners Community Accountancy Service Limited The Grfange Pilgrim Drive Beswick. Mll 3TQ UFESHARE LIMITED Bankèrs The Cooperative Bank plc l Balloon Street Manchester M60 4EP Leeds 8uiléinB Society 105 Albion Street Leeds ISI SAS Structure, governance and managernent Lifeshare Limited 15 a company limited by gvarèniee governed by lis Memorandum and Anicle5 of Association dated 7, July 1994 as amended by special resolution dated IS, March 1997. 11 is registered as a Charity with the Charity Commission daied 30 November 1994. Appointment of trustees As set out in the Articles ttf Association irustees are elected annually by the rnernbeTS of the charitable company attending the Annual General meeting. At each AGM one third of trustees shall retire and be eligible for re-election. Trustee induttion and training New trustees are given guidance from longer established trustees who understand the Lifeshare mandate and the areas in which It operate5. Each trustee is th05en for their expertise in different fields so that they are able to advise the other irustees. Or8anisation The board of trustees administers the charrty. The board normally meets on the second Saturday of each month and are responsible for the strategic direcrion and poliry of the Charity. The members are from a wide variety of backgrounds relevant to the work of the Charity. Managers are appointed by the trustees to manage the day-to-day operations of the charity With the assistance of the office nd p¥oject workers. Objectlves and arti¥itles The Charity runs a Service idenrifying disadvantaged young people who are ai risk of homelessness and exploitation. The charity assists tn obtaining emergency accommodation, $1Énposting and linking the yotjng people Into other relevant agencies" and assisting people to access primary health care servtces, and to promote health and harm reducttort issues. The Charily helps to alleviate aspects of poverty and hardship ihrough ihe redistribution of resouices. The Chèrily also operates a weekend breakfast semce for homeless people. including a re5Plte provisron on Friclay mornings from 7-11am. Thrs is a multi-agency hub. whereby disadvantaged adults over 18 can atiend and work with a range of different serwce5 frorn council representatives, LIFESHARE UMITED to drug and alcohol support services. The Charity also opens and runs a temporary day shelter for 7 days over the Christmas holiday period. Our Services BreakfasilRespite Project Christmas Project Young Person's Project Digital Inclusion Project Financial re¥ièw Total income for the year was £354.838 and total expenditure was £424.121 leaving a deficit of £69,28312022 svrplvs £16,070). The Trustee5 review the Finances of the Charity on a regular basis and take any action necessary to ensure that funds are spent in accordance to the funder's rules and .expectations. Investment powers and policy The trustees. having regard to ihe liquidity requirements of operating the charity. have kept available funds in an interesi beafing deposit account. Reser¥es polity and going concern The balance held in unrestricted reserves at 31" March 2023 was £97.840 of which £88,035 is free reseives. after 311owing for designated funds and those tied up in tangible fixed assets. The trusiees aim to establish flee reserves in unrestriaed funds at a level which equates to approximately 10 months ol unrestricted charitable expenditure. The trustees considèr that level will provide sufficieni funds to respond to applicatior15 for grants and ensure that support and governance costs are covered. The trustees consider that the charity is a goin8 concern. Risk management The Irustees have conducted 3 review of the major risks to which the charity is exposed and systems have been established to mitigate those risks. Procedures are in place to ensure compliance with health and safety of staff and volunteers. All proteduies are periodically ￿vieWed to ensure that they continue to meet the needs of the Charity. Plans for Future Periods Lifeshare will continue to serve the young and vulnerable of Manchester and will adapt their projects to best Serve that community. any new projecis are client led to ensure that we best serve our clients and their nee(15. Lifeshare plans to further develop the Respite service to include more partner charitie5 and other support seryices. We are also increasing the reach of our digital inclusion servite to cover more vulnerable clients who have no. or liltle. digiial ski115. in order to increase employability, access to training and education. and suppon services. Funding Drives are being actioned to preserve the longevity of ihe Charity ond we work in parinership with othei charities so ihat we can ensure thai any change5 in the client community are I0￿ed and communicated to all our partners. LIFESHARE LIMITEO Related parties and ctroperation with other organisations None of our trustees receive remuneration or other benefit from their work with the charity. Any connettion between a trustee or senior manager with any service providers musi be disclosed to the full board of trustees in the same way as any other coniractual relationship with a related party. In the current year no such related party transaciions wefe reported. Trustee5 responsibilities in relation to the finaniial statements The charity trustees (who are also the directors of Lifeshare limited for the purposes of company lawl are responsible for preparin8 a tru5tee5' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Prarticel. Company law requires the charity trustees to prepare financial Statements for each year which give true and fair view of the state of affairs of the charitable company and of the incomin8 resources and application of resources. including the Income and expenditure. of the charitable company for that period. In preparing the financial staiement5. the trustees are required to.. Select 5111table accounting principles and then apply them consistently,. Observe the rnethads and prrncrples rn the applrcable Charitie5 SORP.- Make judgments and estimaies that are reasonable and prudent- State whether applicable accounting standards have been followed. subject to any rnateiial departures thal must be disclosed and explained in the financial statements.. Prepare the financial statements on a going concern basis unless it is appropriate to presume that the tharity will continue in business. The trustees are responsible for keepin@ pioper accounting records that disclose with reasonable accuracy at any time the financial position of ihe charity anLI to enable them to ensure that the financial statements comply with the Companies Act 2fK16. They are also responsible for safeguarding the assets of the charity and taking reasonable 51ep5 for the prevention and detection of fiaud and other irregularities. By order of the board of tiustees Nicol Trustee Date-. 18, December 2023 INDEPENDENT EXAMINER'S REPOR T TO THE TRUSTEES OF LIFESHARE LIMITED I report on the accounts of the company for the Year Ended 31" March 2023, which are sel out on pages 6 10 15. Respective responsibilities of trustees and examiner The trustees (who are also ihe direcrors of ihe company for Ihe purposes of company law) are responsibl¢ for the preparation of the accounts. The irustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 201 l Act) and that an independent examination is needed. The charity is required by ￿MpanY Saw to prepare accrued accounts and l am qualified io undertake the examinalion by being a qualified member of The Institute of Chartered Accountants in England and Walcs. Having satisfied Inyself that the charity is not subject lo audit under company law and is eligible for independent examination, it is my responsibility to.. examine the accounts under seciion 145 of the 201 l Act . to follow the procedures laid down in ihe general DIr￿tionS given by the Charity Commission under section 145(b) of ihe 201 l Acr. and to state whether particular mariers have come io my at(eniion. Basis of independent examin¢r's report My exaininaiion was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of ihe accounling records kepi by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual iiems or disclosures in Ihe accounts, and seeking explanaiions from you as trustees concerning any such matters. The procedu￿5 undertaken do noi provide all the evidence ihat would be required in an audii and consequenily no opinion is given as to whether the accounts pr¢s¢nt a 'true and fair view, and the reporl is limited to those maners set oul in the ststement below. Independent examiner's statement In connection wilh my examination, no matter ha5 come to my attention= ( l ) which gives me reasonable cause io believe thai in any maierial respect the requirements to keep accouniing records in accordance wilh seciion 386 of the Companie5 Act 2006. and to prepare accounls which accord with ihe accounling records. comply wilh the accounting requirements of seciion 396 of the Companies Act 2006, and with the methods and principles of the Statement of Recommended Practice.. Aceounting and Reporting by Charities have noi been mei- or (2) to which. in my opinion. atiention should be drawn in order to enable a proper understanding of the accounts io be reached. EL Ander50n MA FCA CTA Communiiy Accountancy Service Ltd The Grange, Pilgrim DTive Beswick, Manchesier, M I13TQ Date: 18ih December 2023 LIFESHARE LIMITÈO STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 31 MARCH 2023 (INCORPORATING INCOME AND EXPENDITURE ACCOUND Year Ended Year Ended 31.03.23 31.03.22 Totsl Total Funds Funds Notes Unrestricted Funds Restrfjcted Funts INCOME FROAI.. Oonations and Legacies Investment Income Other Trading Aclivrties Charitable Aclivits'es emberships Other Income TOTAL 161.611 25 5,733 16.250 18.131 179.742 25 5.733 168,453 50 835 354.838 261,078 25 5,237 105,175 152.203 835 184,504 762 372,277 170.334 EXPENDITURE ON.. Raising Funds Chantable Aciivbties 16.8631 1265.8581 16.8631 11.e631 1151,4001 1417.2581 1354,3441 TOTAL 272.721 151.4 424.121 356.207 NET INCOME IEXPENDITUREI 188.21n 18.934 169.2831 16,070 TRANSFER BETWEEN FUNDS 16 NET MOVEMENT IN FUNDS 88,217 69.283 16.070 RECONCILIATION OF FUNOS Total Funds 8rought Forvrard 186.057 69,234 255.291 239.221 TOTAL FUNDS CARRIEO FORWARO 16 97.840 88,168 186.O)8 255.291 The statement of financial acbvrties indu¢Ye5 all gains and losses in the year. AH Incoming resources and ￿$0￿ceS expende(I derive Irom wntinuing activi￿"•$. The note5 on pages 9 to 15 fomi part ol Ihese Kcounls. LIFESHARE LIMITEO Company Registration Numbtr.Q946401 BALANCE SHEET AS AT 31 MARCH 2023 2023 2022 NOTES FIXED ASSETS Tangible Fixed Assets 12 1.762 3,133 CURRENT ASSETS Debtors & Prepayments Cash ai Bank & In HaThl 13 7.(KJ7 268.586 275.593 198.937 205,027 LIABILITIES.. C￿dItOrS." Amounls falling wt one year 14 20.781 20 781 23,435 23.435 NET CURRENT ASSETS 184.246 252,1 $8 TOTAL NET ASSETS 186,008 255,291 THE FUNDS OF THE CHARITY Unrestricied Reserves Restricted Reserves TOTAL CHARITY FUNDS 16 16 97.840 88,168 186.008 186.057 69.234 255.291 For the year in question Ihe Gompany was entitled to the exemption Irom audit under section 477 of the C¢)mpanies Au 2006 relating to small companies. - The members have not required The company io obtain an audit of ils accounts for the year In question In accordance with section 476. The direttors acknowledge their responsibilities for complying wrth the requirements of the Act with respeei lo accountin9 records and the preparation ol accounts. Approved on behalf of the Board l Twstee N Sivori D81e.' 18th December 2023 The notes on pages 9 10 15 lomi part of these acrnunts. LIFESHARE LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 31 MARCH 2023 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES 2023 2022 Net movement in funds Add back deprecratlon Deduct Investmenl income Decreasellincreasel in debtors Increa5elldecreasel ￿ creditors 169.2831 2.120 1251 917 12.6541 16.070 2,345 1251 1,766 113,6541 Net cash used ifi opeiatirlg activitles 68,9251 6,502 Cash flows from investment aclivities.. In*erest Purchase of fixed 3$5ets 25 17491 25 13.7881 Net eash provlded by investing acts¥rt*s 724 3.763 Increaselldecreasel in ¢ash arKI Gash equr¥3￿nis during the year 169.6491 2,739 Cash and cash equivalents brought foThYdrd 268,586 265,847 Cash and cash Èquivalènts carried lorward 198.937 268,586 LIFESHARE LIMITEY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 I. ACCOUNTING POLICIES lal Basis of preparation and assessmeni of going concem The accounts Ifinanci815talementsl have been prepare¢ under the h15toncal cosl convention wth itern5 recognised at C05t or transaction Value unless Otherwse stated in tt)e relevant notes to these aecounis. The finanaal staiement5 have been prepared in accordance wth the Statement ol Recommended Practice. Accountin9 and Reporting by Charities prepafin9 trieir accounls in accordance wilh the Finanaal Reporbng Standard applicable In the UK and Republic of Ireland IFRS 1021 January 2019 and the Finanryal Reportin9 Standa¥d applicab￿ in the United Kingdom and Republ￿ of Ireland IFRS 1021 an¢J Ihe Charities Act 2011. The charity constitutes a public benefit entity as ¢Jefined by FRS 102 The trustees consider that there are no mateAal uncertaintses atKJUt the charitys ability to continue as a going concern. Ibl Funds structu Restricted funds are fund5 which are to be used in accordance wilh speufic restri￿an$ Imposed by the donoi or trust deed There were 9 iestricted fund5 at the year end. Unrestricle¢J Income funLls cornpnse those fun¢Js whth the trvslees are free to use for any purpose in furtherance of the charrtable objects. Vnrestncled funds Incjude designated funds where the tru51ees, at Iheir discielion have created a fund lor a speufic purpose Further details ol each fund are disdose¢J in nole 16. Icl Incorne recognition I Income is recognised On￿ Ihe d)anty has enlivement to the Income. il is kYobab* Ihat the incorne will be weived and the amount ol income receivable can be measured reliably. Oonalion5 are re￿nIsedknen the chanty ha5 been rnotified in writirYJ of both the amtyJnt and settlement date In the event that a donatson is subject io conditsons that require a level of performance before the charity Is enlitTed to the funds. the income is deferred and not recognised until either those condilitsns are fully mel or the fulfilrnent of those condition5 Is whdty within the controi of the charity anrj il Is probable that those condilK)ns ￿11 be fulfille(l in the reporting period. Interest M funds held on deposil Is induded when receivable and the amount can be ffieasured reliably by the rharity. this is nOM￿llY uwn Mlification of interesi paid of payable by Ihe bank. Idl Expenditure Recognttion Liabilities are ¥ecognJ5ed as expenditure as sL¥)n as there is a *gal 01 construth"¥e obli9atson committing the tharily 10 IfJat e￿ern￿l￿re. It is probable thai settternent *MII be ￿qUired and the amounl of the otsli9ation can be measured reliably. All expenditure Is accounted for on an accruals basis. All expenses Inclu¢Jing support costs and 90vernance costs are allocated or apportioned to Ihe applicable expenditure hea¢inos. For m¢Ye Information on this attribution refer lo nole (Q below. lèl Irrteoverable VAT Irrecoverable VAT is charged againsl Ihe experKliture heading lor whth it Wa5 in¢vrred. If) Allocatlon of support and go¥etnan¢e costs Support costs have been allocated between governance cos15 arKJ tstr￿r suptxjrt rA)sts. GovernarK costs comprise all costs iTholving the public a¢countability of Ihe chanty and its Complian￿ with regulation and goo(J pracb"ce. These c05t5 Indurje c0515 related to inoependenl examination an4Y legal fees together with an appothonrnent of overhead an¢J support costs. Governance cosls an¢J supwrt costs relatin9 10 ch3ritatJe actsvib.es have l)eell appo￿oned bas8d on staff lime and facilities (Jsed in each activity. The allocation of support and governance costs is anatysed in nole 9. Igl Charfjtable Aciivities Costs ol charitable activitV&5 indude goveman¢¢ costs and an apportKJnmenl ol support costs as Shown In Nole 8. Ihl Tangible fixed asseis and depreciation Fixed assets are includeLI in the accounts al net book value. Addth"ons of a Sing￿ rtem or a group of similar assets exceeding £400. are capilalised at C05t (valuation for donated assets). Deprec13tion Is provideij to wrf(e off the cost less the estimated resHYual value of langible fixed assets over their estimated useful lives as follows.. Cornpuier Equipmeni 33 33% on cosi Office Equiprneni & Frtbngs 25% on cost LIFESNARE LIMITEO 10 NOTES TO THE ACCOUNTS FOR THE YEAR ENDEO 31 MARCH 2023 lil Debtors Trade and other debtors a￿ ￿cOgnised at settlement amount due after any trade discounts offered. Prepayrnenls are value¢Y at the amount kwepaid net of any ttade aiscounts due. lil Creditors and Provisions Credilors and provisions are recognised where the chanty has a presen[obl￿att0n resulting frgm a pasl event that will probably result In the Iransferof ￿ndS fo a Ihird party and the amouftl due lo settle the O￿lgatioN can be rnea5ured or estimale(J reliably. Crediiors and provisions are normally recognisecl at their settlement amount after allowing for any trade disc4Jnts due. Ikl Taxation The organisation is exempl from Ir￿orne tsx by ￿aSOn of Ils charrtable stalus. Income lax suffered on investment income is redaimed in full. The Charity is not CUr￿nIty re9iStered for VAT. 111 Penssons The charrty operates an auto enrolment pens￿ scheme. The chathy has no liability beyond making its conlnbut￿nS and pa￿n9 across the deductions for the empbyeè's contributions. 2 NET INCOME FOR THE YEAR 2023 2022 This Is stated after chargiryg.. Oepreciation- owned assets Independent Ex8mirners Fees Othei linallcial services 2.120 1,585 1.056 2.345 1.320 1,572 3 TAX ON SURPLUS ON ORDINARY A¢TbVITIES (See taxaTh'on pdicy note abovel 4 DONATIONS AND LEGACIES nrestricted Restricted Fun¢Js Fvnds Total 2023 Unrestricted Funds Resthcled Funds Total 2022 Donations Gift￿ Gifts In Kin¢J. Food 1fA),417 1.194 8.131 168.548 1.194 10.( 179,742 249.708 1.370 251.078 10.CK)O 18,131 10,CO) 259,708 10.000 261,078 161.611 1.370 S INCOME FROM OTHER TRAOING ACTIVITIES Vnrestsicied Rtstrbctsd Funts Ful￿% Tot31 2023 Unrestricted Funds Restricted Fun05 Total 2022 Fundraising Activities 5.733 5.733 5,733 5.733 5.237 5.237 5.237 5.237 LIFESHARE LIMtTEO NOTES TO THE ACCOUNTS FOR THE YEAR ENOED 31 MARCH 2023 INCOME FROM CHARITABLE ACTIVITIES Unresiricted Restricted Funds Funds Total 2023 UNestricted Restn"cte¢Y Fund5 Fun(Js Total 2022 Grants Global Make Some Noise (less deferred) Lloyds Foun¢abon Speedo Mick Found GMMC Emergency Res National Lottery Fund Cracking Good Foo¢1 The Oglesby Chanlable- (less deferrecjl Tudor Trust Nominet UK Newby Trust The Access FourK131 Zurich Sage Housing Ile55 deferred) Arnold Clark Foyle FoundatKsn Share91ft Grx)d Things Found Household Support Fd MACC 20.(NXJ 20,OLKJ 22,5LKI (2,5WI 24,720 22,500 12.5001 24.720 2.2SO 24.813 27.C63 10.655 8.650 10.655 8,650 2.400 33.334 18,3331 10.CHX) 2.400 37.334 18.3331 10.000 33.334 18.3341 33.334 18.3341 8.500 35.829 15.IX)O 5.000 35.829 15.IXX) 13,440 13.3601 13.440 13,3601 1.000 70 105.175 70 105.175 16.250 152.203 168.453 7 COST OF RAISING FUNOS Unrestri¢t¢d Restrictsd Funds Funds Totsl 2023 Unreslrirted Funds Restricted Funds Total 2022 Employrnenl Costs Kilchen Pop Up Other Fundraising Costs Donalion Srte Fees 1.951 1.650 2,915 347 6.863 1.951 1.650 2.915 347 6.863 1.647 1.647 216 216 1,863 8 EXPENDITURE Charitable Activi¢ies Employment Cost5 Staff Vvelfare & Uniforns Recruilmenl Cosls DBS Checks Client expenses Slarf Travel sialf Trainin9 Project Cosfs Room Hire - projects Volunteer Expenses & TrainiryJ FcMJd & Milk Marketing & Publiuty Volunteer & supporters party Telephone & Internet Insurance Waste Disposal Surndry Support Costs Govemance Costs 2023 2022 254.962 1.038 244.585 830 168 431 8.432 3,520 1.264 18.415 2,040 421 14.250 8.364 2,670 242 16,275 5,938 5,779 39.270 7.294 701 26,772 8,660 2,643 2.103 1,260 2,160 1.032 518 39,728 2,616 354,344 74,572 279,772 354.344 {nole 91 Inote 91 40.760 2.881 417.258 151.40LI 265,858 4fj7.258 Charitable expendrture relating io re5trued lurKIs". Chanlable expenditure rekting to unrestricted funds". LIFESHARE UMITED 12 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 9 ALLOCATION OF GOVERNANCE AND SUPPORT COSTS General asts Support Govemlnce Total 2023 Total 2022 Support Costs Rent & Council Tax Heat. Lighl 8 Water Cleanin9 Repairs and Maintenance Printing. Post and Slationery Computer & Sofh*are Costs Minor Equipment Telephone Subscriptions Office Relreshmenls etc Storage Depreciation 8ank & Card Charges HR Services Legal & Professional Fees Payroll Bu￿aU Accouniancy 17.096 2.255 2.823 17,096 2,255 2,823 14,327 3.884 875 3.606 3.674 2,181 3.23D 695 2.643 2.479 2.181 3.23D 695 2.643 2.479 useo UseLt 2,899 1,791 1,807 1,280 2,345 141 1.29S 1,527 1.572 1.320 42 344 used 1.699 2.121 77 1,699 2,121 77 1.296 1.542 1.056 FaofDe5 used Far•eS V FWPSV 1.296 Fac*vsU5E 1,542 1.056 Fat•ES U 1.585 2.881 40.760 43.641 10 STAFF NUMBERS AND COSTS 2023 2022 Wages and Salar￿$ Social SEcunty Costs Pension Costs 236,603 16.409 3.901 256,913 230.589 13.9 1.647 246.232 The charity em￿oyed 15 people during the year12022..121 wih an average of 9 people The charity considers its key management personnel comprise5 the trustees and team leaders The to131 ernployrnenl benefitS￿Indudin9 ernployer pension contributions of the key management personnel was £39,011 12022". £33,940) No employee has benefits in excess of £60.00012022.. None) LIFESHARE LIMITED 13 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 11 TRUSTEES. REMUNERATION AND EXPENSES No remuneration was paid or payable direcyy or indireclty out of the lunds of the charity during the year lo any trtjstees or to any persons krK)vm to be connected wilh any of them No reimbursement of expenses has been made or is due to be made to any of Ihe trustees in respect of Ihe per 12 TANGIBLE FIXEO ASSETS Fumriure & Office Computer Equipment Equipment Totsl COST At 1 April 2022 Addil10n5 Disposals Al 31 March 2023 8.780 5,611 749 14,391 749 8,780 6,380 15.140 DEPRECIATION Al 1 April 2022 Charge for PerickJ DTrsp05als At 31 March 2023 B.780 2.478 2.120 11,258 2.120 8.780 4,598 13.378 NET 8OOKVALUE At 31 March 2023 At 31 March 2022 1,762 ,133 62 3.133 13 DEBTORS 2023 2022 Other Debtor5 Prepayments 2.026 4,064 6.090 1.345 5.662 7,007 Debtors and p￿payMentS reia¢ed to restr￿le￿ fund5 2023.. £rul12022 £nill. 14 CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Trade Creditors Other Cre¢Jitor5 Short-lerm compensated absences (holiday pay) Oeferred Income Taxation an¢J Social Seojrity Costs Accruals 2.719 2.023 2.362 8.333 1,023 324 5.234 14,194 5,344 0.781 2.660 23.435 Creditors relaled to restricted funds 2023". £8.33312022 £14.1941. 15 DEFERRED INCOME Deferred IncoTne cornprise5 gfants received in advance Balanre as at 1 April Amount release(J to income earned Irc￿ charitable *tivilies Amount deferred In year Balance at 31 Ilai 14.194 114 1941 8,333 8.333 27,639 127.6391 14.194 14.194 LIFESHARE LIMITED 14 NOTES TO THE ACCOUNTS FOR THE YEAR ENOED 31 IMRCH 2023 16 ANALYSIS OF CHARITA8LE FUND! 8aian¢e ai 31 March 2023 Balanct at 1 April 2022 Incomin9 Transfers Outgoing Res7RICTED FUMDS Global Make Sorne.Noi$e GMMC Emergency Response Fun National Lottery Forever Manchester- Big Change Art Exchange Coop Forever Manchester The Access Foun¢Jalion Lloyds Foundation Oglesby Chantable Foundat Speedo Mick Foundatson Sage Housing Cracking GocK1 Food Tudor Trust Newby Trust Arnold Clark Nominei UK Goocl Things Foundat Zurich Household Support Fund Christmas Donations Restricted Donations- breakfast Restricted Dtsnations- staff training Donalion in Kind- Food 16.121 10.655 7.7 148 334 691 117.8011 110.6551 {7.79)1 11481 18.320 334 691 29.896 35.829 24.813 2S.001 15.9331 124.8131 125.5011 12.0001 113.4401 12.4001 (lo.￿0) 16,389 1S.889 10.080 2.4LKI 10.OLXJ 3.334 l.0(M) 5,038 1.OOQ 13.(KJ)I 2,LX)O 15.(KJO 15.0(XJ 13001 11.5571 15.7661 13.5001 1rJ.OOD 151.400 1.322 1,370 235 4.3 10.( 170.334 69,234 88.168 UNRESTRICTED FUNDS General 186,057 186.057 2S5,291 184.504 184 504 354.838 272.721 272.721 424.121 97,840 97,840 186,C08 TOTAL FUNDS Previous Year BalanTr at 31 Mafch 2022 8alance at 1 Aw"12021 Incoming Transfers Outgoin9 RESTRICTED FUNDS Global Make Some Noise GMMC Emefgency Response Fund National Lottery Forever Manchester- 819 ChaThJe Art Exchange Coop Forever Manchester THT- 8reakfast Project Ltiyds Foun¢Jalton Oglesby Charitable Foundation Kilburn & Strode Sage Housing Greater Manchester Police Tudor Trust Newby Tiusl Amold Clark Placefirst Lt MACC Christmas DonatK)ns Restricted Dwations 20.OJO 10.655 13.8791 16,121 10,655 7,7 148 334 691 18601 148 334 691 4.184 14.1841 124.7201 118.7261 111.9641 24.720 25.LMX) 10,115 11.W 16,389 10.080 10,080 11.LKIOI 13.7061 11.6661 3,7( 3,334 1.000 929 19291 (701 13.7281 70 1,322 1.370 69.234 1.370 1rfi.545 37.261 174.5721 UNRESTRICTED FUNDS Genefal 201. 201.960 239.221 2S5.732 265.732 372.277 281.835 281.635 356.207 186.057 186.057 255.291 TOTAL FUNDS LIFESHARE LIMITEO 15 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 16 conl.. Purpose of funds: Global Make Sorne Noise Contribution towards.. to expand breakfast Servi￿ balan¢e irtludes lutvre depreaa*on 01 £133 to fund posl wothing with under 25's for froni line support worker lowards costs of rehousing client5 lowards art therapy lor vulnerable youngster5 for drama costs towards breakfast project towaros digilal indu5ion project towards the salary of the offiee team kader Iowafds a resettlement worker towards fr￿Illne support towards the d￿lia1 indusion project Digrtal Indusbon proiect lowards breakfast project lowards the digital indusign project toward5 the digrfal Indusion project towards the d￿lta4 indusion prqect frK respite towards the Christmas Project towards the operatson managers post towards staff rewards towards Christmas & Breakfast proiecis toward5 client purchases. e g household Items towards Ihe Christmas Project GMMC Emergency Reswse Fund National Lottery Fund Forever Manchester- Big Fhange Art Exchange Co-op Forever Manchester THT_ Breakfast Project The Access Foundation Lloyds Foundation Oglesby Charitable Fourtdafron Speedo Kqick Foundation Crackin9 Good Food Kilbum & Strode Sage Housing Newby Tr(Jst Norninel Good Things Foundati Zurich Greater M3nche5ter Pol Twlor Trust Arnold Claik Placelirsl Ltd MACC Christmas Donatson$ 17 ANALYSIS OF NET ASSÈTS BETWEEN FUNDS Net Current Assets Fixed Assets 2023 Total 2022 Tolal Restricted Funds Unrestncted Funds 133 1.629 1.762 88,035 96.211 184.246 68.168 97,840 186,008 69,234 186,057 255.291 18 CAPITAL COIIIMITMENTS 2023 2022 Contracted but not provi¢Jed for 19 POST BALANCE SHEET EVENTS AND GOING CONCERN The Iru5tees consider that there are rKJ ￿nifiCant post balan￿ sheet events that irnpad on the finantsal statements as presenteLI. The company's rnain source ol inctime 15 grarnts and donations. The Iwstees consider th#t it is appropriate to prepare the accounts on a going u)ncem basis and. ctsnsequently. the accwnts do not Indude any adiustrnent5 that would be r￿sSary if the funding income should cease 20 ULTIMATE CONTROLLING PARTY The company is under the shared ￿ntrol of the Trustees named on Page 1.