Company registration number: 03442518
Charity registration number: 1064628
CREATIVE LIVING CENTRE
(A COMPANY LIMITED BY GUARANTEE)
ANNUAL REPORT AND FINANCIAL STATEMENTS
31 MARCH 2024
Horsfield & Smith
Independent Examiner
Tower House
269 Walmersley Road
Bury
Lancashire
BL9 6NX

CREATIVE LIVING CENTRE
CONTENTS
Reference and Administrative Details
Chair of Trustees Report
Trustees Report
3to6
Statement of Trustees, Responsibilities
Independent Examiner's Report
8t09
Statement of Financial Activities
Iotoll
Balance Sheet
12
Notes to the Financial Statements
13to30

CREATIVE LIVING CENTRE
REFERENCE AND ADMINISTRATIVE DEfAILS
Trustees
Andrew Leeson
Rachel Frances Hopkins
Claire Dufy
Nicola Jane Cooke
Joanne Marie Wells
Gareth Monger
Julie Nicola Nelson-Hall
Senior Management Team
Lorna Wilson, Operations Manager
Cody Hodkinson, Service Delivery Manager
Registered Office
IA Rectory Lane
Prestwich
Manchester
M25 IBP
The charity is incorporated in England.
Company Registration Number 03442518
Charity Registration Number
1064628
Bankers
Unity Trust Bank PIC
9 Brindley Place
Birmingham
BI 2HB
Virgin Money
Jubilee House
Gosforth
Newcastle upon Tyne
NE3 4PL
The Charity Bank
Fosse House
182 High Street
Tonbridge
Kent
TN9 IBE
Independent Examiner
Horsfield & Smith
Independent Examiner
Tower House
269 Walmersley Road
Bury
Lancashire
BL9 6NX

CREATIVE LIVING CENTRE
CHAIR OF TRUSTEES REPORT
This year the centre has widened it's offer in a variety of ways-
Opening our Sunshine Café for free social spaces each day, with the addition of a Breakfast Club on
Monday mornings and Warm Hubs on Tuesdays and Thursdays
New and returning therapies - music therapy (group and I:Is), animal therapy {group), tailored
bereavement art therapy {group), psychodrama11:l)
Expanded our physical activity offering, including pilates and chair-based exercise, and the return
of boxercise and bike group.
Creative sessions, including new -How to...
workshops, a Journalling Club, pottery {in
collaboration with Claytime), and Drama for Fun (in collaboration with Tandem Theatre)
Outdoor activities, including an Allotment Group, a Gardening Group (in collaboration with
Lancashire Wildlife Trust), and funded walking events through Greater Manchester Walking Festival
{Burrs Country Park in May 2023, Castlefield Viaduct in May 20241
Setting up the Men's Support Group, to run alongside our existing Women's Support Group.
Cooking classes
I:1 Sensory sessions
Collaborating with Jobcentre Prestwich, providing members with a weekly on-site drop-in with a
Disability Employment Advisor.
A number of one-off sessions and multi-week courses with external organisations, including Cruse
Bereavement, Sow the City, Claytime, Age UK.
The centre has focused on providing more group activities and has been very successful in doing
so.Overall attendance has remained consistent with previous year5, despite a 20% redurtion in
day5 of operation (4 per week in 23/24, down from 5 per week in 21/22 and half of 22/23).
Feedback from member5 has been overwhelmingly positive with 97% rating artivities a5 Good or
Excellent, and more than 85% stating that their attendance had helped them to develop new 5ki115
increased their confidence, and made them feel more connerted to others.
There have been a number of staffing changes, and our new Interim Chief Officer joined us in April
2023. Other new staff appointments include a Cafe Leader, Support Coordinator, Reception and
Office Administrator, Allotment Garden Support Worker, and Cleoner.The centre has also provided
continued development for its staff ond volunteers, in porticular through partnerships and
specialist training with external orqanisotions such as Bolton VCFA and Salford Autism.
The Board of Trustees has represented the charity well by ottending various local events at the MACC
ond at the Bury VCFA thereby representing the charity's interests and raising the profile of the charity
in the locGI area. The trustees have also ensured that they continue to attend training sessions of
relevance and value.
The AGM was held in February 2024 and was well attended by staff, members, trustees and
volunteers. The Chief Office and Chair of Trustees both addressed the oudience and there wos good
participation and engagement including an extensive discussion about the proposed regeneration
plans for Prestwich and how those plans might impart the centre. It was particularly pleasing to note
that Debra Green, Labour Councillor attended and contributed significantly to the discussions.
Whilst the centre has been successful in securing u range of smoller donations it was not successful in
securing o new source offunding to replace Henry Smith and The Big Lottery income streams both of
which are concluding during 2024. Efforts therefore continue to address this important issue.

CREATIVE LIVING CENTRE
TRUSTEES REPORT
The trustees, who are directors for the purposes of company law, present the annual report
together with the financial statements of the charitable company for the year ended 31 March 2024.
Objectives and activities
The company's objectives, as stated in the Articles and Memorandum of Association, are:
il to promote the preservation of mental health and to assist in relieving persons suffering from
emotional or mental distress requiring advice or treatment. and
ill to promote the education of the public in mental health issues.
The Creative Living Centre is a community resource which offers a range of courses, activities, social
sessions, counselling and therapies; with the aim of helping people better understand and manage
their mental health.
In 2019 we reviewed our vision, for 'a society where responsive, person-centred mental health
services are available to all,, and this of course forms the guiding principle underlying the work at the
Centre, with people's feedback being key to how the service develops. Based on analysis of
attendance data, and feedback from our members, we introduced additional l-l sessions following
our new member appointments, so people are offered more support in the initial stages of accessing
the Centre and choosing from the wide range of activities on offer. Each person then moves at their
own pace and for as long as needed. We continue to collect regular data and case studies to help us
understand the difference the Centre is making, what changes we may need to make, and to
celebrate the incredibly courageous stories of those who attend our Centre.
Public benefit
The Trustees have had due regard to the Charity Commission's guidance on public benefit when
planning and delivering services at the Creative Living Centre.
Activities and developments at the Centre are guided by the wishes and needs of the service users
{Members), working in collaboration with partners to ensure our service networks effectively with
the statutory and voluntary sector.
Financial review
Reserves policy
The Trustees have reviewed CLC'S Reserves Polioi and have agreed to update it to better reflect the
current risks to the Centre as well as ensuring consistency with Charity Commission guidance. The
Centre has reduced the redundancy resenie down to £20.000 as a number of longer serving staff left
over the last year lour Human Resources Trustee has confirmed this to be a prudent amount given
the current level of staff service). The wind down reserve remains the same at £10,000, however CLC
has reduced the dilapidations reserve down to £20,000 as funds have recently been spent on the
building, addressing some minor structural issues over 2023/24. The Centre has added a reserve of
£70,000 to cover its lease liability as it has just passed a lease review date and is now committed to
2027 before the next review date. This gives a revised total reserve of £120,000. The Centre's
Reserves Policy has been updated to reflect these figures.

CREATIVE LIVING CENTRE
TRUSTEES REPORT
Investment powers
Under the Memorandum and Articles of Association, the charity has the power to make any
investment which the Trustees see fit.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows-
Trustees-
Andrew Leeson
Rachel Frances Hopkins
Nigel Hoolachan (Resigned 13 February 2024)
Claire Duffy
Nicola Jane Cooke
Sarah Janine Brooks (resigned 16 May 2023)
Joanne Marie Wells {appointed 3 April 20231
Gareth Monger (appointed 13 June 2023)
Julie Nicola Nelson-Hall (appointed 12 June 20241
Senior management/
leadership team
Alastair McGregor, Chief Officer (resigned 30 June 20241
Lorna Wilson, Operations Manager
Cody Hodkinson, Service Delivery Manager
The trustees acknowledge their responsibility to consider material risks and their impact on the
charity's operations. The major risks to which the charity is exposed will be identified and
effectiveness of controls to mitigate the risk will be monitored by the Trustees.
Chief officer
The Chief Officer resigned from his post in June 2024 in accordance with his contractual agreement.
The Centre has not yet appointed a replacement and the Chief Officer duties are currently being
undertaken by the current Operations Manager and Service Delivery Manager.
Structure, governance and management
Constitution policies
On 30 September 1997 the Creative Living Centre became registered with the Charity Commission
under registered charity number 1064628. On 25 September 1997 the Creative Living Centre
became registered at Companies House as a Company Limited by Guarantee, registered number
3442518. The company was set up by a Memorandum of Association dated 25 September 1997.
The Articles and Memorandum of Association of the Creative Living Centre can be located at
Companies House and in the Charity's office {copies being available on request).

CREATIVE LIVING CENTRE
TRUSTEES REPORT
Orgonisotional structure
The charity is governed by the trustees who meet monthly as a board. The Centre has a Chief Officer,
responsible for strategy, funding, partnerships and overall service delivery, under the Euidance of
the Trustees {see the Chief Officer's Report).
Limited by guarantee
The company is a company limited by guarantee. The members of the company are the Trustees
named on page l. In the event of the company being wound up, the liability in respect of the
guarantee is limited to £10 per member of the company.
Method of appointment or elertion of Trustees
The management of the company is the responsibility of the Trustees who are elected and co-opted
under the terms of the Articles of Association.
The Chairperson of the Board of Directors is elected by the Board. The Treasurer is also elected by
the Board.
The Board of Trustees may at any time elect additional Trustees by calling a General Meeting.
Recruitment, indurtion ond training of trustees
Recruitment of Trustees
The Board is mindful of the overall mix of skills and experience in
recruiting new trustees. Interest is normally generated through advertisements and/or contacts and
candidates are interviewed by at least two existing trustees following formal application. If
successful at interview, appointment is confirmed subject to satisfactory references and statutory
checks.
Trustees organise annual trainingldevelopment events where the trustees meet up and look at
future strategy, allocate responsibilities and get updates from external trainers in best practice in
charity governance.

CREATIVE UVING CENTrE
TRUSTEES REPORT
Dlrectors and thelr Interests
The dlrertors are the Trustees for charltable purposes. The Dlrertors had no beneficial Interest In the
CreatFve Livin8 Centre.
Rlsk fflonooemert
The Trustees have assessed the Major risks to which the company is exposed, In partlcular those
related to the operations and finances of the company, and are satlsfied that systems are in place to
miti8ate our exposure to the major rlsks. Slnce our last annual report, our Risk Register has been
revlewed and s18ned off. and a 8uslness Contlnufty Plan put In plao.
The major areas of rlsk are Identtfied as:
- Sudden and unexpected loss of irKome andlor frdllure to secure adequate external fundin8 WÉth
consequences for cash flow and partlcularly payroll and premlses costs.
- General financial risks such as sudden and significant expenditure (e8 building repairs), operdtional
risks leg105s of key stsff, IT systems) requirement to comply with chan8lrB le8islatlon etc.
- Risk of injury to staff, members or volunteers or other third parties resuftin8 in legal action a8ainst
the Centre resultln8 In the need to employ legal defense.
The finandal consequences of the above are covered by either our Reserves policy or by Insuran￿.
The rfsks faclr¥ the tharlty wlll continue to change and existlng and proposed actfvity will be
re8ularty revlewed by Key Management and Trustees.
Small companle5 provlslon statern
Thls report has been prepared in accordance with the small companles re8ime under the Companies
Act 2CrfJ6.
The annual report was approved by the trustees of the charlty on 16 October 2024 and 518ned on Its
behalf by:
Trustee

CREATIVE LIVING CENfRE
STATEMENT OF TRusfEES' RESPONSIBILrriES
The trustees (who are also the dlrectors of Creatlve Lm￿ Centre for the purposes of company law)
are responsible for preparing the trustees, ￿port and the financ5al statements in accordance with
applkable law and Unlted Kln8dom Accounting Stsndards {United Kln8dom Generalty Accepted
Accountlng Practlce). Indudln8 FRS 102 Tr Flnandal ReportSn8 Standard appllcable in the UK and
Republic of Ireland.. The report and accounts have been prepared in accordance with the provisions
in the Companies Art 21X)6 relating to Thll companles.
Compary law requires the trustees to prepare financial statements for each financial year. Under
cornpany law the trustees must not approve the finanaal statements unless they are satisfied that
they give a true and falr vlew of the stste of affairs of the charitable company and of the Incomin8
resources and applicatlon of resources. induding its income arKI expenditure, of the charitable
company for that perlod. In preparing these financial statements. the trustees are requlred to:
• select suitable accountln8 polkles and apply them consistent￿.
• observe the methods and prfnaples in the Charftles SORP;
make Judgements and estlmates that are rea%>nable and pn￿eft¢
state whether applicable accounting standards. comprising FRS 102 have been followed, subject
to any material departures dtsclosed and explalned In the financlal statements; and
prepare the financial statements on the golNd concern basis unless it is Inapproprlate to presume
that the charltable company wlll contlnue In buslness.
The trustees are responsible for keeping proper accountiru records that can disdose wlth
reasonable accuraLy at any tlme the financial posft5on of the charftable company and enable them to
ensure that the financial ststements comply with the Companies Art 2(X16. They are also responsible
for safeguarding the assets of the dmritable company and hen￿ for takin8 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
infomiation included on the charitsble companvs website. Legislatlon governin8 the p￿paration
and dlsseminatlon of financlal statements may differ from le8lslation in otherjurlsdictions.
Approved by the truste￿ of the charity on 16 October 2024 and slgned on its behalf by.
Andrew Leeson
Trustee

CREATIVE LIVING CENTRE
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CREATIVE LIVING
CENTRE
I report to the charity trustees on my examination of the accounts of the Company for the year
ended 31 March 2024.
Responsibilities and basis of report
As the chariws trustees of the Company (and also its directors for the purposes of company lawl
you are responsible for the preparation of the accounts in accordance with the requirements of the
Companies Act 2006 {'the 2006 ACYI.
Having satisfied myself that the accounts of the Company are not required to be audited under Part
16 of the 2006 Act and are eligible for independent examination, I report in respect of my
examination of your charitTrls accounts as carried out under section 145 of the Charities Act 2011
{'the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity
Commission under section 145{5llbl of the 2011 Act.
An independent examination does not involve gathering all the evidence that would be required in
an audit and consequently does not cover all the matters that an auditor considers in giving their
opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance
that an independent examination can provide. Consequently l express no opinion as to whether the
accounts present a 'true and fairf view and my report is limited to those specific matters set out in
the independent examinerfs statement.

CREATIVE UVING CENTRE
INDEPENDENT EXAMINER'S REPORTTO THE TRusfEES OF CREATIVE UVING
CENTRE
Independent examinerfs ststement
Since the Company's gross income exceeded £250.IX(J your examiner must be a member of a body
listed in section 145 of the 2011 Act. I confimi that l am qualified to undertake the examination
because l am a member of ICAEW, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in
connectlon wlth the examination giving me cause to believe:
l. accounting records were not kept in respect of Creative Llving Centre as required by section
386 of the 2006 Act: or
2. the accounts do not accord wlth those records: or
3. the accounts do not comply wlth the accounting requirements of section 396 of the 2006 Act
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: or
4. the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities [applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102)].
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.
PG Nicol FCA
Independent Examiner
ICAEW
Tower House
269 Walmefsley Road
Bury
Lancashire
BL9 6NX
16/10/24

CREATIVE LIVING CENTRE
STATEMENT OF FINANCIAL AcfiviTIES
YEAR ENDED 31 MARCH 2024
(INCLUDING INCOME AND EXPENDITURE ACCOUNT
AND STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES)
Unrestrirted
funds
Restricted
fvnds
Total
2024
Note
Income and Endowments from:
Donations and legacies
Charitable activities
1,794
178,810
1,794
380,065
201,255
Total income
180,604
201,255
381,859
Expenditure on:
Raising funds
Charitable activities
912
(118,3671
912
{368,3241
1249,957)
Total expenditure
(117,4551
1249,957)
{367,4121
Net income/lexpenditurel
Transfers between funds
63,149
4,858
(48,7021
14.858)
14,447
Net movement in funds
68,007
(53,560)
14,447
Reconciliation of funds
Total funds brought forward
164,080
134,190
298,270
Total funds carried forward
19
232,087
80,630
312,717
io

CREATIVE LIVING CENTRE
STATEMENT OF FINANCIAL AcfiviTIES
YEAR ENDED 31 MARCH 2024
(INCLUDING INCOME AND EXPENDITURE ACCOUNT
AND STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES)
Comparative Statement of Financial Activities to 31st March 2023
Unrestricted
funds
Restricted
funds
Total
2023
Note
Income and Endowments from:
Donations and legacies
Charitable activities
2,009
171,139
2,009
418,580
247,441
Total income
173,148
247,441
420,589
Expenditure on:
Raising funds
Charitable activities
832
(145,1551
832
{376,9511
1231,796)
Total expenditure
(144.3231
1231.796)
{376,1191
Net income
28,825
2,984
15,645
12,984)
44,470
Transfers between funds
Net movement in funds
31,809
12,661
44,470
Reconciliation of funds
Total funds brought forward
132,271
121,529
253,800
Total funds carried forward
19
164,080
134,190
298,270
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for 2023 is shown in note 19.
li

CREATIVE LMNG CEPITrE
BALANCE SHEEr
AS AT 31 MARCH 2024
(REGisfRATION NUMBER: 03442518)
2023
Tangible assets
14
7,733
4.359
Debtors
15
36,761
284.763
17.961
290,259
Cash at bank and In hand
16
321,524
308,220
Cr￿[tOr&. Amounts falllryl due wlthln one year
14,309
304,984
293.911
Net assets
312.717
298,270
Funds of the ¢harlly.
Restrirted funds
80,630
134.190
Unrestricted funds
232,087
164,080
Total funds
19
312.717
298,270
For the financlal year endlnB 31 March 2024 the charity ￿ds entided to exernption from audit under
section 477 of the Companies Act 21J)6 relatlry to small companies.
Dlrectors, respon51bllities:
The members have not requlred the charlty to obtaln an audlt of Its accounts for the year In
question in accordance with sectlon 476; and
The dlrectors acknowledge thelr responslbllltles for compl￿8 wfth the requlrements of the Act
wlth respect to accounting records and the preparatlon of account&
These financial statements have been prepared In accordance wlth the special provisions relatlng to
companles subject to the small companies reglme withln Part 15 of the Companles Act 21x16.
The financial statements on pages 10 to 30 were approved by the trustees. arKI authorised for issue
on 16 October 2024 and signed on their behalf by:
And￿W Leeson
Trustee
12

CREATIVE LIVING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
l General information
Creative Living Centre is a registered charity operating from Prestwich. The charity is a company
limited by guarantee and is incorporated in England and Wales. The address of its registered office is
IA Rectory Lane, Prestwich, Manchester, M25 IBP.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all the years presented, unless otherwise
stated.
Statement of compliance
Creative Living Centre meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy notes.
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) {effective l January 20151 (Charities SORP IFRS 102)), the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006.
The Greater Manchester Integrated Care System (ICS): previously Bury Commissioning Group until
July 2022- continues to be our main funder. In 2021 the former CCG committed to commissioning
our services to 31st March 2025.
The current funding from the Big Lottery will cease in August 2024 and the funding from the Henry
Smith Foundation will also cease during 2024. CLC is actively seeking further funding from both the
Natinal Lottery and Henry Smith Foundation as well as other organisations.
13

CREATIVE LIVING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Going concern
The Centre continues to receive committed support from its volunteers and Trustees, and staff and
Trustees continue to monitor the Centre's financial position to ensure the charity provides a quality
service, within budget. Forecasts have been prepared which indicate that the Centre would be able
to continue providing services until February 2025 when the current level of funds become
insufficient to cover its current level of services without securing additional funding. The Centre is
actively placing bids with large funding organisations using a firm of professional funding bid
specialists to ensure a high quality of written submissions that highlight the ra nge of activities and
successful outcomes are achieved by service users.
The Trustees believe that it is appropriate to prepare the accounts on a going concern basis. The
accounts do not include any adjustments that may be necessary if future funding cannot be secured.
Company status
The company is a company limited by guarantee. The members of the company are the Trustees
named on page l. In the event of the company being wound up, the liability in respect of the
guarantee is limited to £10 per member of the company.
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the company and which have not been designated for other
purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors which have been raised by the company for particular purposes. The cost of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
Income and endowments
All incoming resources are included in the Statement of Financial Activities when the company is
legally entitled to the income and the amount can be quantified with reasonable accuracy. Donated
services or facilities, which comprise donated services. are included in income at a valuation which is
an estimate of the financial cost borne by the donor where such a cost is quantifiable and
measurable. No income is recognised where there is no financial cost borne by a third party- All
income is recognised in the Statement of Financial Activities when the conditions for receipt have
been met and there is reasonable assurance of receipt.
Expenditure
All expenditure is accounted for on an accruals basis and has been included under expense
categories that aggregate all costs for allocation to activities. Where costs cannot be directly
attributed to particular activities they have been allocated on a basis consistent with the use of the
resources.
14

CREATIVE LIVING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Raisingfunds
These are costs incurred in attracting voluntary income, the management of investments and those
incurred in trading activities that raise funds.
Governance costs
Governance costs are those incurred in the governance of the Charity's assets and are associated
with constitutional and statutory requirements.
Support costs
Support costs are those costs incurred directly in support of expenditure on the objects of the
charitable company.
Recognition of liabilities
Liabilities are recognised once there is a legal or constructive obligation that commits the company
to the obligation.
Tangible fixed assets and depreciation
The Trustees carry out impairment reviews in accordance with section 27 of FRS 102.
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated
to write off the cost of fixed assets, less their estimated residual value. over their expected useful
lives on the following basis:
Asset class
Leasehold property improvements
Computer equipment
Kitchen equipment
The Trustees only capitalise items greater than £500.
Depreciation method and rate
Over the remaining term of lease
33.3% reducing balance
25% straight line
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are
measured initially at fair value, net of transaction costs, and are measured subsequently at
amortised cost using the effective interest method, less any impairment.
15

CREATIVE LIVING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition
of financial assets and libilities like trade and other accounts receivable and payable, loans from
banks and other third parties, loans to related parties and investments in non-puttable ordinary
shares.
Debt instruments (other than those wholly repayable or receivable within one year), including loans
and other accounts receivable and payable. are initially measured at present value of the future cash
flows and subsequently at amortised cost using the effective interest method. Debt instruments that
are payable or receivable within one year. typically trade payable or receivables, are measured,
initially and subsequently. at the undiscounted amount of the cash or other consideration, expected
transaction, like the payment of a trade debt deferred beyond normal business terms or financed at
a rate of interest that is not a market rate or in case of an out-right short-term loan not at market
rate, the financial asset or liability is measured, initially. at the present value of the future cash flow
discounted at a market rate of interest for a similar debt instrument and subsequently at amortised
cost.
Financial assets that are measured at cost and amortised cost are assessed at the end of each
reporting period for objective evidence of impairment. If objective evidence of impairment is found,
an impairment loss is recognised in the Statement of Financial Activity.
For financial assets measured at amortised cost. the impairment loss is measured as the difference
between an asset's carrying amount and the present value of estimated cash flows discounted at the
asset's original effective interest rate. If a financial asset has a variable interest rate, the discount
rate for measuring any impairment loss is the current effective interest rate determined unde the
contract.
For financial asstes measured at cost less impairment, the impairment loss is measured as the
difference between an asset's carrying amount and best estimate, which is an approximation of the
amount that the company would receive for the asset if it were to be sold at the balance sheet date.
Financial assets and liabilities are offset and the net amount reported in the Balance sheet when
there is an enforceable right to set off the recognised amounts and there is an intention to settle on
a net basis or to realise the asset and settle the liability simultaneously,
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank
loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at
amortised cost using the effective interest method.
16

CREATIVE LIVING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Judgement in applying accounting policies and key sources of estimation uncertainty
The company makes estimates and assumptions concerning the future. The resulting accounting
estimates will, by definition, seldom equal the related actual results. The estimates and assumptions
that have a significant risk of causing a material adjustment to the carrying acounts of assets and
liabilities within the next financial year are addressed below.
{il Useful economic lives of tangible assets
The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful
economic lives and residual values of the assets. The useful economic lives and residual values are
re-assessed annually. They are amended when necessary to reflect current estimates, based on
technological advancement, future investments, economic utilisation and the physical condition of
the assets. See note 13 for the carrying amount of the property pland and equipment, and the
accounting policy for tangible fixed assets and depreciation for the useful economic lives for each
class of asset.
{iil Impairment of debtors
The company makes an estimate of the recoverabe value of trade and other debtors.
When assessing impairment of trade and other debtors, management considers factors including the
current credit rating of the debtor, the ageing profile of debtors and historical experience. See note
14 for the net carrying amount of the debtors.
3 Income from donations and legacies
Unrestrirted
funds
General
Total
funds
Donations
1.794
1,794
Total for 2024
1,794
1,794
Total for 2023
2,009
2,009
17

CREATIVE LIVING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
4 Income from charitable activities
Unrestricted
funds
General
Restricted
funds
Totsl
funds
Note
External funding
Charitable income - Centre
generated income
148,498
201.255
349,753
30,312
30,312
Total for 2024
178,810
201,255
380,065
Total for 2023
171,139
247.441
418,580
5 External funding
Unrestrirted
Total
2024
Total
2023
General
Restricted
Bury CCG
Parklife Community Fund
Bury MBC
Natwest Group
Henry Smith Charity
Lottery RC funds
Trafford CCG
143,498
143.498
139,188
900
2,130
1,800
44,500
133,444
19,000
5,000
2,000
20,000
1,240
4,623
8,304
4,500
60,000
119,523
60,000
119,523
TFGM
Big Fandango
Garfield Weston
Asda
Greatersport
LWT
ICM)
loo
The Neighbourley B&Q Fund
A J Bell cooking with
confidence
5CMJ
500
Bury VCFA cost of living
project
Benefact Group
National Allotment Gardens
Trust
1,875
1,875
5.000
1,307
500
1.307
500
Neighbourly Lidl
Forever Manchester utilities
support
2,500
2,500
18

CREATIVE LIVING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted
Total
2024
Total
2023
General
Restricted
Bury Council cost of living
communityfund
Natwest SOS fund
2,000
1,500
2,000
1,500
Aviva Crowd Funder
lallotmentl
Onward Homes allotment
fund
1,396
1,396
2,496
1,200
4,858
1,500
2.496
1.2(K)
4,858
1,500
Bury MBC Lets do it
TFGM community action grant
Animal Therapy
148,498
201,255
349,753
386,629
6 Charitable income- Centre generated income
Unrestricted
Total
2024
Total
2023
General
Member contributions
15,111
6,568
5,799
2,079
231
15,111
6,568
5,799
2,079
231
13,137
6,836
8,832
891
Therapy
Room hire
Net income from lunches
Other income
1,467
788
Interest on cash deposits
524
524
30,312
30,312
31,951
19

CREATIVE LIVING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
7 Expenditure on charitable activities
Unrestricted
funds
General
Restricted
funds
Totsl
funds
Note
Centre Artivity for Members
Activity undertaken directly
Support costs
18,817
99,550
194,550
55,407
213,367
154,957
Total for 2024
118,367
249,957
368,324
Total for 2023
145,155
231,796
376,951
8 Activity undertaken directly
Centre
activities
for members
Total
2024
Total
2023
Wages and salaries
Social security costs
Pension costs
88,398
5,160
6,163
12,209
59,894
21,390
17,041
1.861
532
88,398
5,160
6,163
12,209
59,894
21,390
17,041
1.861
532
163,184
12,188
6,697
16,415
47,881
28,961
3,959
2,274
2,095
1,226
General office expenses
Rental of accommodation
Sessional payments
Sundry expenses
Volunteer expenses
Advertising and social media
Equipment
719
719
213,367
213,367
284,880
20

CREATIVE LIVING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
9 Support costs
Centre
activities
for members
Total
2024
Total
2023
Depeciation
Staff salaries
1,484
137.240
9.285
6,948
1,484
137.240
9.285
6,948
657
66,662
4,883
19,869
Sundry expenses
Governance costs
154,957
154,957
92,071
10 Net incomingloutgoing resources
Net incoming resources for the year include:
2024
2023
Operating leases - other assets
Independent Examiner fees
Other non-audit services
31,275
3,930
31,275
2,880
90
657
Depreciation of fixed assets
1,484
11 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the
charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during
the year.
21

CREATIVE LIVING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
12 Staff costs
The aggregate payroll costs were as follows-
2024
2023
Staff costs during the year were:
Wages and salaries
Social security Costs
Pension costs
218,806
11,992
6.163
229,846
12,188
6,697
236,961
248,731
The charity benefited in the year from the time donated by up to 2012023: 201 volunteers,
including trustees, who provide service5 which would otherwise need to be provided by paid
employees.
The monthly average number of persons employed by the charity during the year was as follows:
2024
2023
Centre staff
12
14
No employee received emoluments of more than £60.(XX) during the year.
The Service Delivery Manager, as the highest paid member of staff, received benefits totalling
£35,04512023 - the Senior Support Co-ordinator £27,578).
13 Taxation
The charity is a registered charity and is therefore exempt from taxation.
22

CREATIVE LIVING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
14 Tangible fixed assets
Leasehold
property
improvements
Kitchen
equipment
Computer
equipment
Bikes
Total
Cost
At l April 2023
Additions
136,164
3,436
17,860
157,460
4,858
4,858
At 31 March 2024
136,164
3,436
4,858
17,860
162,318
Depreciation
At l April 2023
Charge for the
year
136,164
3,436
13,501
153,101
1,484
1,484
At 31 March 2024
136,164
3,436
14,985
154,585
Net book value
At 31 March 2024
4,858
2,875
7,733
At 31 March 2023
4,359
4,359
15 Debtors
2024
2023
Trade debtors
11,572
25,189
4,695
13,266
Other debtors
36,761
17,961
16 Cash and cash equivalents
2024
2023
Cash on hand
1,065
283,698
1,640
288,619
Cash at bank
284,763
290,259
17 Creditors: amounts falling due within one year
2024
2023
Accruals and deferred income
16,540
14,309
23

CREATIVE LIVING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
18 Obligations under leases and hire purchase contracts
Operating lease commitments
Total future minimum lease payments under non-cancellable operating leases are as follows:
2024
2023
Land and buildings
Within one year
Between one and five years
31,275
65,156
31,275
2,606
96,431
33,881
The Charity entered into a new ten year operating lease for the rental of their premises from
29th April 2021. The Charity passed the first review date on 29 April 2024, the next review date
is 29th April 2027 and each third anniversary of this date.
19 Funds
Balance at
l April
2023
Balance at
31 March
2024
Incoming
reSoUr￿S
Resources
expended
Transfers
Unrestricted
General
70,980
181,516
(118,367)
122,042)
112,087
Designated
Property fund
General fund
30,000
35,000
28,100
60,000
{5,0001
128,100)
90,000
30,000
Allocated funds
Total unrestricted
164,080
4,489
97,327
181,516
60,000
119,523
(118,3671
(50,882)
(165,144)
4,858
232,087
13,607
51,706
Henry Smith Charity
National Lottery
Bury Council Town of
Culture
250
(250}
1253)
The Liz Thompson Fund
Community Climate
Action Fund
253
458
1458}
Cycle and Stride for
Active Lives
2,395
{1,601}
794
Garfield Weston
Foundation
12,992
(12,992)
24

CREATIVE LIVING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Balance at
l April
2023
Balance at
31 March
2024
Incoming
reSoUr￿S
Resources
expended
Transfers
Greatersport Together
Fund
4,623
100
{2,952)
1,771
Greenspace Community
Fund
8,304
{5,479)
2,825
The Neighbourly B&Q
Fund
3,099
{3,099}
A J Bell Cooking with
confidence
500
1500)
Bury VCFA Cost of living
project
National Allotment
Garden Trust
1,875
{1,875)
1,307
500
164)
1500}
1,243
Neighbourly Lidl
Forever Manchester
utilities support
Bury Council cost of living
community fund
Natwest SOS fund
2,500
{1,343)
1,157
1180)
{1,500}
1,820
1,500
Aviva Crowd Funder
lallotmentl
Onward Homes allotment
fund
1,396
1885)
511
2,496
1,200
2,496
1,200
Bury MBC Let's do it
TFGM Community Action
Grant
4,858
{4,8581
The Manchester Guardian
Society {animal therapy)
1,500
1,500
Restricted
134,190
201,255
(249,957)
14,8581
80,630
Total funds
298,270
382,771
(368,324)
312,717
25

CREATIVE LIVING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Prior year fund analysis
Balance at
l April
2022
Balance at
31 March
2023
Incoming
resour￿5
Resources
expended
Transfers
Unrestricted
General
39,171
173,980
(145,155)
2,984
70,980
Designated
Property fund
General fund
30,000
35,000
28,100
30,000
35,000
28,100
Allocated funds
Total unrestricted
132,271
8,017
101,636
173,980
44,500
133,444
{145,155}
(48,028)
(137,753)
2,984
164,080
4,489
97,327
Henry Smith Charity
National Lottery
AJ Bell Trust Wage War
on Covid
3,194
{3,194}
{1,800}
1900)
{1,290)
{1,360)
Natwest Group DIYSOS
Parklife Community Fund
Ambition for Ageing
Peter Kershaw Trust
1,800
900
1,290
1,360
Bury Council Town of
Culture
250
250
Bury MBC Move It
The Liz Thompson Fund
Community Climate
Action Fund
2,982
750
{2,519)
(497)
(463)
253
1,710
{1,252}
458
Barchester Charitable
Foundation
340
1160)
{2,070)
1180)
1601
Wellbeing in Care Homes
Trafford CCG Crisis
Alternatives Grant
2,130
19,000
(18,024)
(976)
Cycle and Stride for
Active Lives
{2,605)
(764)
2,395
Jubilee Quilt Fund
Garfield Weston
Foundation
{1,2361
20,000
1,240
{7,008}
{1,171}
12,992
Asda Foundation
1691
Greatersport Together
Fund
4,623
4,623
Greenspace Community
Fund
8,304
8,304
26

CREATIVE LIVING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Balance at
l April
2022
Balance at
31 March
2023
Incoming
reSoUr￿S
Resources
expended
Transfers
The Neighbourly B&Q
Fund
4,500
11,401}
3,099
Restricted
121,529
247,441
(231,7961
12,9841
134,190
Total funds
253,800
421,421
{376,951}
298,270
27

CREATIVE LIVING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
The specific purposes for which the funds are to be applied are as follows:
Henry Smith Charity - post covid recovery funding to cover existing staff salaries and additional
capacity.
National Lottery- community fund for Takepart and Outreach Coordinators and staff time.
Bury Council Town of Culture - towards arts and crafts sessions as part of outreach.
Bury MBC Move it- funding for exercise classes for members.
The Liz Thompson Fund - funding for staff development.
Community Climate Action - funding to regenerate the garden and allotment, growing and cooking
plant based food for our cafe.
Cycle and Stride for Active Lives- funding to provide walking and cycling classes.
Garfield Weston Foundation - funding towards supporting the cafe, providing a cafe/nutrition leader
and supplies.
Greatersport Together Fund - funding to continue the bike project.
Greenspace Community Fund Gardening project with LWT to provide 12 hours per week for 12
months.
The Neighbourly B&Q Fund - funding for building and repair works.
A J Bell Cooking with confidence, to fund staff time, volunteer expenses, equipment and
ingredients for cooking classes.
Bury VCFA cost of living project- funding to deliver 15 3 hour cooking classes.
National Allotment Gardens Trust - funding to privide equipment, seeds and plants.
Neighbourly Lidl - to fund fakeaway Thursday cooking classes.
Forever Manchester- utilities support to fund gas and electricity costs.
Bury Council Cost of living community fund
volunteer and staff costs.
contribution to ingredients for warm hubs and
Natwest SOS fund - funding for building works in the therapy rooms.
Aviva Crowdfunder (allotment)- to pay for sow the city course and staff and equipment costs.
28

CREATIVE LIVING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Onward Homes allotment fund - to fund allotment lead salary costs.
Bury MBC Let's do it - funding for digital hub building/furniture works.
TFGM Community Action Grant - to purchase accessible bikes to enable participation in the bike
group.
Manchester Guardian Society {animal therapy) - animal therapy for one year.
The designated property fund was created to cover repairs/maintenance on the Rectory Lane
property and create a dilapidations fund at the end of the lease. It now also covers the lease liability
to the next renewal date in 2027.
The designated general fund was created to cover winding down costs of the building, including
redundancies, should the charity have to close.
20 Analysis of net assets between funds
Unrestricted
funds
General
Total funds at
31 March
2024
Restricted
funds
Tangible fixed assets
Current assets
7,733
240,894
(16,540}
7,733
321,524
116,5401
80,630
Current liabilities
Total net assets
232,087
80,630
312,717
Unrestricted
funds
General
Total funds at
31 March
2023
Restricted
funds
Tangible fixed assets
Current assets
4,359
174,030
(14,309)
4,359
308,220
114,3091
134,190
Current liabilities
Total net assets
164,080
134,190
298,270
21 Analysis of net funds
At l April
2023
Financing
cash flows
At 31 March
2024
Cash at bank and in hand
290,259
(5,496)
284,763
Net debt
290,259
15.496)
284,763
29

CREATIVE LIVING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
At l April
2022
Financing
cash flows
At 31 March
2023
Cash at bank and in hand
260,262
29,997
290,259
Net debt
260,262
29,997
290,259
22 Indemnity insurance
The Charity has purchased insurance on behalf of the Trustees to protect them from any loss arising
from neglect or default, the amount charged during the year is £1,795 (2023: £880).
23 Transactions with directors
Some trustees are also volunteers and receive reimbursement of expenses in their capacity as
volunteers.
24 Related party transactions
There were no related party transactions in the year that require disclosure in the financial
statements.
30