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2021-12-31-accounts

Administrative
Information
Chairman's
Report
Trustees'
and Directors' Report		 3 —11
Auditors'
Report		 12-14
Group Statement
of Financial		 Activities 15
Charity Statement
of Financial		 Activities 16
Group Balance Sheet 17
Charity Balance Sheet 18
Group And Parent Charity Statement OfCash Flows 19
Notes To The Financial Statements 20 —34

Unrestricted Restricted Total Unrestricted Restricted Total
funds Funds funds Funds
2021 2021 2021 2020 2020 2020
Notes E E f
INCOME
Donations 42,810 42,810 4,015 4,0I5
Charitable
activities		 75,308 439,700 515,008 88,727 925,500 I,OI4,227
Other trading
activities		 626,377 626,377 314.229 314,229
Other income 4,704 4,704
TOTAL INCOME 749,199 439,700 1,188,899 406,971 925,500 1,332,471
EXPENDITURE
Cost ofraising funds 374,869 980.728 1.355,597 619,474 332,270 951,744
Chantable
activities		 11,468 11,468 25,456 25,456
TOTAL EXPENDITURE 386,337 980,728 1,367,065 644,930 332,270 977,200
Net gains/losses on
investments
NET INCOME/
(EXPENDITURE) 362,862 (541,028) (178,166) (237,959) 593,230 355,271
Transfers between funds 170,607 (170,607)
NET MOVEMENT IN FUNDS 362,862 (541,028) (178,166) (67,352) 422,623 355,271
RECONCILIATION OF
FUNDS;
Balances brought forward 18 3,287,319 4,449,293 7,736,612 3,354,671 4,026,670 7,381,341
Balances carried forward 18 3,650,181 3,908,265 7,558,446 3,287,319 4,449,293 7,736,612

Restated Restated Restated
Unrestricted Restricted Total Unrestricted Restricted Total
funds Funds funds Funds
2021 2021 2021 2020 2020 2020
Notes 5 5 5 5
INCOME
Donations 42,810 42,810 4,015 4,015
Charitable
activities		 75,308 439,700 515,008 88,727 925,500 1,014,227
Other trading
activities		 36,000 36,000 48,000 48,000
TOTAL INCOME 154,118 439.700 593,818 140,742 925,500 1,066.242
EXPENDITURE
Cost of raising funds 78,713 980,728 1,059,441 41,408 332,270 373,678
Charitable
activities		 11,468 11,468 25,456 25,456
TOTAL EXPENDITURE 90,181 980,728 1,070,909 66,864 332,270 399,134
Net gains/losses on
investments
NET INCOME/
(EXPENDITURE) 63,937 (541,028) (477,091) 73,878 593,230 667,108
Transfers between funds 170,607 (170,607)
NET MOVEMENT IN FUNDS 63,937 (541,028) (477,091) 244,485 422,623 667,108
RECONCILIATION OF
FUNDS:
Balances brought forward 18 3,785,651 4,449,293 8,234,944 3,541,I66 4,026,670 7,567,836
Balances carried forward 18 3,849,588 3,908,265 7,757,853 3,785,651 4,449,293 8,234,944

2021 2020 (Restated)
Notes E
FIXEDASSETS
Tangible Assets 12 3,255,347 3,347,729
Heritage Assets 13 4,563,136 4,683,480
Investments 14 100 100
7,818,583 8,031,309
CURRENT ASSETS
Stock
Debtors 15 75,464 402.769
Cash at Bank and in Hand 422,525 249,939
497,989 662,708
CREDITORS
Amounts
falling due		 in one year 16 (58,719) (124,879)
NET CURRENT ASSETS 439,270 527,829
TOTAL ASSETS LESSCURRENT LIABILITIES 8,257,853 8,559,'l38
LONG TERM CREDITORS
Amount
falling due		 beyond one year 17 (500,000) (324,194)
NET ASSETS 7757.853 8,234,944
FUNDS
Restricted
funds		 18 3,908,265 4,449,293
Unrestricted
funds
Designated
funds		 18 3,601,747 3,869,935
General funds 18 247,841 (82,284)
3,849,588 3,785,651
TOTAL FUNDS 7,757,853 8,234,944

Notes Group Group Charity Charity
2021 2020 2021 2020
Cash flows from operating activities
Cash generated
from operations		 20 130,256 331,994 84,971 420,712
Investing
activities
Purchase oftangible
fixed		 assets (6,424) (1,833) (6,424) (1,833)
Proceeds from disposable oftangible fixed
assets
Net cash used in investing activities (6,4241 (1,833) (6,424) (1,833)
Financing
activities
New borrowings 500,000 500,000
Repayment
ofborrowings		 (405,961) (105,111) (405,961) (171,547)
Net cash used in financing activities 21 94,039 (105,111) 94,039 (171,547)
Net (decrease)l increase in cash and cash 217,871 225,050 172,586 247,332
equivalents
Cash and cash equivalents at beginning of 260,913 35,863 249,939 2,607
year
Cash and cash equivalents at end ofyear 478,784 260,913 422,525 249,939
Cash and equivalents
consist of:
Cash at bank and in hand 478,784 260,913 422,525 249,939
Bank overdrafts
478,784 260,913 422,525 249,939

2 DONATIONS 31/12/2021 31/12/2020
Unrestricted Restricted Total Unrestricted Restricted Total
Other donations 42,810 42,810 4,015 4,015
42,810 42,810 4,015 4,015
3INCOME FROM CHARITABLE ACTIVITIES
31/12/2021 31/12/2020
Revenue income Unrestricted Restricted Total Unrestricted Restricted Total
Project grants 75,308 439,700 515,008 88,727 925,500 1,014,227
75,308 439,700 515,008 88,727 925,500 1,014,227
4OTHER TRADING ACTIVITIES
31/12/2021 31/12/2020
Unrestricted Restricted Total Unrestricted Restricted Total
Rental Income 36,000 36,000 48,000 48,000
Merchandise
&		 cafe sales
Total per charity 36,000 36,000 48,000 48,000
Less eliminaled on consolidation:
Rent re subsidiary (36,000) (36,000) (48,000) (48.000)
Add subsidiary income 626,377 626,377 314,229 314,229
Total per group 626,377 626,377 314,229 314,229

31/12/2021 31/12/2020 (Restated) 31/12/2020 (Restated)
Support of External Support of External
subsidiary fundraislng Total subsidiary fundraising Total
E 6 f.
Direct staff costs 51,984 51,984 3,815 34,332 38,147
Advertising
8 printing		 4,326 4,326 23,409 23,409
Support costs 309,366 693,765 1,003,131 291,824 20,298 312,122
Total per charity 365,676 693,765 1,059,441 295,639 78,039 373,678
Analysed as
Restr/cted
funds
Depreciation 189,399 189,399 189,490 189,490
Other costs 97,564 530,765 628,329 64,741 78,039 142,780
Grant to subsidiary 163,000 163,000
286,963 693,765 980,728 254,231 78,039 332,270
Unrestr/cted funds
Depreciation 29,751 29,751 41,408 41,408
Other costs 48,962 48,962
78,713 78,713 41,408 41,408
Total per charity 365,676 693,765 1,059,441 295,639 78,039 373,678
Eliminated
on
consolidation (163,000)
Subsidiary 459,156 578,066
Total per group 1,355,597 951,744
7.
CHARITABLE EXPENDITURE
31/12/2021 31/12/2020
Unrestricted Restricted Total Unrestricted
Restricted		 Total
Community
provision		 11,468 11,468 25,456 25,456
Capital pro)eel
Per charity &group 11,468 11,468 25,456 25,456
Analysed
between:
Dli ec'1costs 500 500 3,596 3,596
Supportcosts 10,968 10,968 21,860 21,860
11,468 11,468 25,456 25,456

8.
SUPPO		 R T &GOV E RNANCE CO STS
31/12/2021
Capital External
Community project MM Ltd Fundralslng Total
Support costs
Support staff
Property costs 32,571 32,571
Depredation 219,150 219,150
Grant funded projects 693,765 693,765
Finance charges & interest 2,724 2,724
Office costs & other costs 9,341 45,580 54,921
693,765 263.786 45,580 1,003,131
Governance costs
Professional fees 10,968 10,968
Support staff
10,968 10,968
Total support costs 10,968 693,765 263,786 45,580 1,014,099
31/12/2020 IRestatedj
Capital External
Community project MM Ltd Fundraislng Total
Support costs 6 6
Staffexpenses, training & recruitment 85 588 673
Property costs 39,873 831 40,704
Depreciation 226,761 4,137 230,898
Finance charges & interest 21,050 21,050
Office costs & other costs 2,784 11,776 14,560
290,553 17,332 307,885
Governance costs
Professional fees 21,860 21,860
Support staff 1,271 2,967 4,238
21,860 1,271 2,967 26,098
Tote/support costs 21,860 291,824 20,299 333,983

9.TRADING SUBSIDIARY
31/12/2021 31/12/2020
Turnover 626,377 314,231
Cost ofsales (223,761) (358,605)
Gross profit 402,616 (44,274)
Administration expenses (271,395) (267,461)
Other income 167,704
Net profit before and aher tax (See Note 20) 298,925 (311,835)
Current assets 149,493 75,570
Creditors due within one year (348,799) (573,801)
Total net assets (199,306) (498,231)

31/12/2021 31/12/2020
a The group payroll costs are as follows:
Salanes 171,569 371,451
Somal security costs 9,362 15,249
Employer pension contnbutions 10,787 5,761
191,718 392,461
One employee
earned more		 than 660,000 but less than 670,000par annum (2020:one).
b Key management personnel comprise two directors and the kay members ofstaff listed on page L
Remuneration
& benefits		 88,114 125,081
c The average number ofemployees was as follows: Number Number
MMI td 29
Fundraising and events
30

11. GROUP NET INCOMING RESOURCES 31/12/2021 31/12/2020
This is stated after charging:
Auditors
remuneration:
Audit fees - current year 5,250 6.000
Accountancy
fees - current year		 3,500 4,000
Depreciation
other tangible
fixed assets		 219,150 230,898
Directors' remuneration
(Trust directors)
Trustee's expenses

GROUP &CHARITY Freehold
Land &		 Fixtures and
Buildings Fittings Total
Cost 8
As at 1January 2021 3,461,429 833,840 4,295,269
Additions 6,424 6,424
As at 31December 2021 3,461,429 840,264 4,301,693
Depreciation
As at 1January 2021 224,041 723,499 947,540
Charged
in the year		 69,225 29,581 98,806
As at 31December 2021 293,266 753,080 1,046,346
Net BookValue
As at 31December 2021 3,168,163 87,184 3,255,347
As at 31December 2020 3,237,388 110,341 3,347,729

GROUP 8 CHARITY Freehold
Land &
Buildings Church Fittings Total
Cost
As at 1January 2021 6,034,974 86,750 6,121,724
Additions
As at 31December 2021 6,034,974 86,750 6,121,724
Depreciation
As at 1January 2021 1,437,221 1,023 1,438,244
Charged
in the year		 120,344 120,344
As at 31December 2021 1,557,565 1,023 1,558,588
Net Book Value
As at 31December 2021 4,477,409 85,727 4,563,136
As at 31December 2020 4,597,753 85,727 4,683,480

1AL INVESTMENTS
2021 2020
%Shares %Shares
Name ofSubsidiary Trading activity held held
The Monastery
Manchester		 Ltd Management services and event management 100 100
The Angels (Manchester) Limited Dormant 100 100

15.DEBTORS Restated
Group Group Charity Charity
31/12/2021 31/12/2020 31/12/2021 31/12/2020
Trade debtors 35,818 5,303
Grants &income receivable 43,970 345,900 43,970 345,900
Amount
due from subsidiary		 48,651
Other debtors 5,462
Prepayments 32,268 19,725 26,032 8,218
112,056 370,928 75,464 402,769
16. CREDITORS CREDITORS Restated
amounts falling due within one year Group Group Charity Charity
31/12/2021 31/12/2020 31/12/2021 31/12/2020
Bankloan
Loan from Architectural Heritage Fund 81,767 81,767
Trade creditors 77,611 62,317 20,422 31,422
Amount due to subsidiary 8,735
Soaal secunty and other taxes 7,021 12,178 894
Income received
in advance		 272,213 416,513
Accruals
& other creditors		 36,557 77,251 29,562 10,796
393.402 650,026 58,719 124,879

Amounts falling due after falling due after more than one year
Group Group Charity Charity
31/12/2021 31/12/2020 31/12/2021 31/12/2020
Bank loan 500,000 500,000
Otherloans 55,000 55,000
Loan from Architectural Hentage Fund 269,194 269,I94
500,000 324,194 500,000 324,I94

2021
GROUP 31/12/2020 Income Expenditure Transfers 31/12/2021
6
Unrestncted general funds 3,287,319 749,199 (386,337) 3,650,181
Restricted funds 4,449,343 439,700 (980,728) 3,908,265
Total funds 7,736,612 1,188.899 (1,367,065) 7,558,446
2020
GROUP 3/1/2020 Income Expenditure Transfers 31/12/2020
5
Unrestncted general funds 3,354,671 406,971 (644,930) 170,607 3,287,319
Restricted funds 4,026,670 925,500 (332,270) (170,607) 4,449,343
Total funds 7,381,341 1,332,471 (977,200) 7,736,612
Funds analysed between charitable and non-char/tablet 2021 2020
Chanty unrestricted and designated 3,849,588 3,785,651
Chanty restncted 3,908.265 4,449,293
7,757,853 8,234,944
Trading
subsidiary		 (199,407) (498,332)
7,558,446 7,736,612

18.
STA
(continued)		 TEMEN T O F FUNDS
2021
COMPANY 31/12/2020 Income Expenditure Transfers 31/12/2021
F.
Unrestricted general funds 3,785,651 154,118 (90,181) 3,849,588
3,785,651 154,118 (90,181) 3,849,588
Restricted funds:
Heritage
Emergency		 Fund 40,629 (40,629)
Culture
Recovery Fund		 571,484 439,700 (750,700) 260,484
Capital grants expended on fixed assets 3,837,180 (189399) 3,647,781
4,449,293 439,700 (980,728) 3,908,265
Total funds 8,234,944 593,818 (1,070,909) 7,757,853
2020
Restated Restated
COMPANY 3/1/2020 Income Expenditure Transfers 31/12/2021
6 5
Unrestricted
general		 funds 3,541,166 140,742 (66,864) 170,607 3,785,651
3,541,166 140,742 (66,864) 170,607 3,785,651
Restricted funds;
Heritage Emergency Fund 233,700 (22,464) (170,607) 40,629
Culture
Recovery Fund		 691,600 (120,316) 57I,484
Capital grants expended on fixed assets 4,026,670 (189,490) 3,837,180
4,026,670 925,500 (332,270) (170,607) 4,449,293
Total funds 7,567,836 1,066,242 (399,134) 8,234,944

GROUP
Restricted
Fund balances at 31December 2021 Unrestricted funds funds Total
are represented by: Designated General
5 5
Fixed assets 4,101,747 3,718,836 7,818,583
Net current assets/(liabilities) 48,434 191,429 239,863
Creditors due In more than one year (500,000) (500,000)
3,601,747 48,434 3,908,265 7,558,446
Fund balances at 31December 2020 GROUP
are represented by:
Fixed assets 4,194,129 3,837,180 8,031,309
Net current
assets/(liabilities)		 (582,616) 612,113 29,497
Creditors due in more than one year (324,194) (324,194)
3,869,935 (582,616) 4,449,293 7,736,612
COMPANY
Restricted
Fund balances at 31December 2021 Unrestricted funds furids Total
are represented by: Designated General
Fixed assets 4,101,747 3,718,836 7,818,583
Net current assets/(liabilities) 247,841 191,429 439,270
Creditors due in more than one year (500,000) (500,000)
3,601,747 247,841 3,908,265 7,757,583
Fund balances at 31December 2020 COMPANY
are represented by:
Fixed assets 4,194,129 3,837,180 8,031,309
Net current assets/(liabilities) (84,284) 612,113 527,829
Creditors due
in more than one year		 (324,194) (324,194)
3,869,935 (84,284) 4,449,293 8,234,944

Group Group Charity Charity
2021 2020 2021 2020
5
Net movement in funds (178,166) 355,271 (477,091) 667,108
Depreciation and other fixed asset adjustments 219,150 230,899 219,150 230,899
Decrease/(increase) in stocks 5,257 17,293
Decrease/(increase) in debtors 258,872 (342,896) 327,305 (347,010)
(Decrease)/ increase in creditors (174,857) 71,427 15,607 (130,285)
Net cash generated from/(used in) operating activities 130,256 331,994 84,971 420,712
21. MOVEMENT IN NET DEBT
At 31December At 31
2021 Non cash December
Group Cash flows flows 2020
Cash and cash equivalents
Cash at bank and in hand 478,784 217,871 260,913
Debt
Loans (500,000) (94,039) (405,961)
(21,216) 123,832 (145,048)