ROCHDALE CONNECTIONS TRUST (A COMPANY LIMITED BY GUARANTEE) Trustees Report Financial Statements Year Ended l April 2024 Charity No. 1074736 Company No. 3470182
ROCHDALE CONNECTIONS TRUST FINANCIAL STATEMENTS YEAR ENDED I APRIL 2024 CONTENTS Page Chair's Report Company Inforn]ation Trustees, and Directors, Report tndependent Examiner's Report Statement of Financial Activities Balance Sheet Cash Flow Statement Notes to the Financial Statements 10-16
ROCHDALE CONNECTIONS TRUST CHAIR'S REPORT FOR THE YEAR ENDED I APRIL 2024 In last year's rert we outlined our con¢erns about our forthcoming financial position. In common witli m05t other charities, we have seen visible evidence of this during this yvdr bul we have tried lo work round this and, with the help of our staff, we have come through Telrltively unscathed. We have had support (not always financial but nevertheless very helpfvl) from a number of new wurces. These have included YHA, Howdens Builders Merchants. The High Sheriffs Police Fund, The 7 Stars Foundation and The Charles Hayward Foundation. Nothing could be achieved without OUR dedi¢at¢d staff. We try lo r¢inforc¢ our appr¢¢ialion of the work they do and one of the Way5 we do this is our "Employee of th¢ Month" award. The staff nominate the person they feel is most deserving. The employtt with the rnost voles is then invited lo a lunch with the Chairmun as a token of appreciation for their contributions. We ol'fer a range of programm¢s and interventions designed lo support VAriOUS sections of the Community facing a variety of Challenges. During this past y¢ar we have worked with 433 Children and young people, 278 women and 167 men. Over lime and in responsc to the needs ot, our service-u5ers, th¢ scope of our work has expanded lo address a broader array of issues. While we remain ¢omrnitted lo our original focus of mentoring young people to reduce ITuancy and support their return lo education, we have evolved lo now also provide services that &ddre5s domestic violence, gambling addiction, health and wellbeing, and other emerging ne¢ds in response lo the challenges we encounler through our work. Arising from our reputation for dealing with these problems we were invited, alon8 with the Sanctuary Trust, lo forn) a Welfare Setvice for th¢ Ro¢hdal¢ borou8h which is provided for those on Probation and offers a'needs-led, person-centred support which in¢lud¢s sentence planning and risk-managemenl, in conjunction with the Probation Service. The partnership approach provides a vast rgnge ot support int¢rvenlions required for people on probation. We predominantly offer domestic abuse s¢rvic¢s, alongside complementary programmes relating to Parenting. Health and Wellbeing, Family Relationships, Gatnbling, l.. l Mentoring and aft In-house Counselling servi¢e. Sanctuary's services focus on housing and homelessness, addictions, &bslin¢n¢e and recovery, fa¢ililalion of social groups and out of hours emergency support. By working together we provide a bespoke package of supporL ulilising services from aeross the two organisatitsns that can best respond and address the presenting needs of ea¢h individual. Unfornnal¢ly one of our major programmes funded for the past 7 years through BBC Children in Need has ended, This programm¢ to¢used on supporting priinary sch(xyl aged children who experienced domestic abuse, incorporating tailored activities lo meet their individual needs. Over the course of this 7 y¢ar granl we have worked with 545 children. The following quote 13 from Chris Turner, our BBC CIN grllnt manager after reading our final report. I've just finish¢d reading your end of grant report and I Ihoughi il convey¢d 50m¢ incredibly powerful WOTk. The difference you and your staff have made for children and young p¢opl¢ impacl¢d by dom¢slic abus¢ is ama£ing. Your description whi¢h slated how 'sessions hav¢ focused on loudness, laughter and lo show Ihem it is safe to play, will Teally stay with me. I'm so pleased that BBC Children in Need got to b¢ V4 part of your work over the past seven years." Giv¢n Rochdale's status as a highly deprived area, the demand for all of our services remains significant. V, Ilakn:/. Vivien Carter MBE JP DL Chair 1811212024
ROCHDALE CONNECTIONS TRUST COfvIPANY INFORMATION YEAR ENDED I APRtL 2024 TRUSTEES & DIRECTORS Mrs B.V. Carter MBE JP DL Chair MrJ.F. Kay Mr J. Weetman fvlrs E Ni¢holls Mr G Hock¢nhull Mr A Javid (Appointed 19 March 2024) Mr D Broome (Appointed 19 March 2024) cO1PANy SECRETARY MrJ.F. Kay REGISTERED OFFICE RCT House 60 Drake Street Rochdale Lancashire OL16 IPA ACCOUNTANTS PKW LLP Clotli Hall 150 Drttke Sireel Rochdale Lancashire -OL16 IPX BANKERS Barclays Bank plc l Yorkshire Str¢¢¢ Rochdale Lancashire OL16 IBJ SOLICITORS Molesworth Bright Clegg i. Octagon House 25-27 Yorkshire Street Ro¢hdal¢ Lan¢ashir¢ OL16 IRH
ROCHDALE CONNECTIONS TRUST REPORTOFTHE TR TEES AND BOARD OF DIRECTOR FOR THE YEAR ENDED I APRIL 2024 The directors who are the tTUSt¢es of the Charity. present their annual report and the ¢onsolidaled financial statements of the Charity and its subsidiary for the yvar ended l April 2024. The trustees have adopted the provisions of the Statement of RecoTnrhended Pra¢ti¢¢ (SORP} "Accounting and Report by Charities" (FRS 102) in preparing the annual report and financial staternenls of the Charity. Th¢ Charity is commonly known as Ro¢hdale Conne¢tions. STRucfuRE COVERNANCE AND mANAGEIENT The Trust 15 & Registered Charity No. 1074736 and was registered in March 1999. It is managed on a day-lo-day basis by the Chief Executive Officer, Kathy Thomas. GoverDlng Document The Charity is a coinpany limited by guarantee in England and is governed by its Memorandum and Articles of Association d&ted 24 November 1998 as amended on 26 January 1999. li became registeTed as a charity with the Charity Commission on 19 March 1999. The directors have the power io admii any peTson or organisation to membership and also have the power to penttit members to Tetire. The members of the company each agree lo contribute a sum not exceeding £ l O in the event of the charity being wound up. Appolntment of Dlrector$ and Tru$tee$ Th¢ dircctors, who are Ilie trustees, are appointed by the members at a geneTal meeting. At each AGM. one third of the directors retire by rolalion, being the longest in olyice, and are eligible for re.¢lection. Other than a retiring trustee, the only people eligible for election as trustees are those eiiher recommended by the tStee$ or by a niember giving not less Illan 14 and not more Ihatt 35 cl¢ar days noiice of the inlcnlion lo propose a person tor &ppointmeTht or re.appointment. Directors must be over the age of18. Trustee reerultment, Inductlon and trnlnlng Rochdale Connections Trust inducts new tru5tee5 according to a Tru51¢e Induction Policy. New and existing Irusteeg are made aware of training which May be delivered. Orgthnlgatlo The B¢)ard. which must not be less than four members, adminisl¢rs th¢ Charity and meets as nec¢ssary. Th¢ day-lo.day operations of the Charity are the responsibility of th¢ CEO Kathy Thomas, lo whom the trusl¢¢s hav¢ delegated authority for operational mallers in¢luding finance, employment and development, within the overall slral¢gy agreed by the Board. Rlsk manAgement The directors have identified the major risks. boil) financial and other, facing the company and have taken the appropriate action to mitigate those risks. Volunleery Rochdulc Conne¢lions Tru511)u5 a policy on recruiting. training, supporting and retaining volunl¢ers. RCT r¢cNits volunteers from the cotnmunilies around Rochdale by s¢lf referral and through local agencies (CVS et¢). Volunl¢ers have lo make & wrillen appli¢ation, attend an inl¢rview and undergo a rigorous training programme. All volunteeTS have enlianced CRB check before w¢ can match them to a young p¢rson or f¢imily, and they have to attend regular supervision sessions with the Volunteer Co. ordinatOT. Up-to-date training is an integral part of their lime with u5.
ROCHDALE CONNECTIONS TRUST REPORT OF THE TRUSTEES AND BOARD OF DIRECTORS OR THE YEAR ENDED I APRIL 2024 OBJECTIVES AND ACTIVITIES The charity's objectives are '. 'To promote such charithble purposes as th¢ trustees shall in their absolute discretion think fil, in particular lo advance the education and training of young persons who are r¢sid¢nl in Rochdale and the surrounding area who are ex- otT¢nd¢rs or at rEsk of offending. through the provision of such training facilities a5 will enable such persons to acquire and develop vo¢atiODal skills and the provision of facilitie5 in the interest of social welfare for recreation and leisure time occupation with the object of improving the conditions of lif¢ of such p¢rsons" Publ1¢ Beneflt Th¢ Charity has had regard lo the guidance issued by ihe Charity Comrni5sion in respect of public ben¢fit. AcfiviTIES IN THE PERIOD Details of a¢livities engaged in during the year are included in the Chair's Report on page l. Rochd4le Connectlong (Tradlng) Llmlted Th¢ charity has a wholly owned subsidiary, Rochdale Connections Trust (Trading) Limited. The subsidiary company ceased trading on 13 August 2018, FINAf4CIAL REVIEW Oyervlew Th¢ company had o deficit on unrestricted funds for the year of £59.324 (2023 - £1,362 SuTplusl. Reyerve9 Pollcy In these difficult limes, the charity's prime concern is lo Continue lo provide Il)e s¢rvi¢¢s covered in its objectives and 10 have $ufficicnt tlinds for this. Al the year end thé company had free re5etv¢s of £271,462 (2023 - £330,786). The truslces recognise ihal the charity is unlikely lo be able lo build reserves significanily in the near future, and are conlinuing lo monitor the situation. FUTURE AcfiviTIES - Key actlvltle$ plAnned for year 24125 The trustees are comrnitted to continuing our work on the Damhill estate in Heywood and we plan to develop the Darnhill youth group over the coming year. We have secured hjnds from the Charles Hayward Foundation to work with young pcople on the verge oEcriminal behaviour and this proje¢l is based on the Damhill estate. The statf on the project WOTk with serving offenders in prison lo prepare them lo work with boys who we selcct and take into Pri50n for the day to show them the realities of pnson lif¢, in the hop¢ of steering Ihem away trom going down a criminal route and ending up in prison. OUT Lead pariner, The Big Life Group were success[ in being ¢ommission¢d lo ¢onlinue the programme working with ex- offenders in the community on a well-being programm¢, as a result we will ¢onlinu¢ lo deliver this programme in a locul partner511ip with the Sanctuary Trnst. Our BBC Childr¢n in Need Happicr Children programme comes to an end over the summer, bul we hop¢ lo b¢ abl¢ lo ¢oniinu¢ this programne working with ¢hildren who have experienced domestic abuse. We have seen SOTne amazing oul¢om¢s tor the children that w¢ hav¢ worked with ovcr thc past 3 year5 and we l)ave liad wonderful feedback from parents and schools. l¢lling us that the programm¢ has had such a p051tive irnpact on ihe lives of the children. We will continue to offer counselling to the people that we work with on our adult programmes and work with student counsellor5 to be able to otyer this free of charg¢ lo those people who would not be able to afford lo access ¢ounselling.
ROCHDALE CONNECTIONS TRUST REPORT OF THE TRUSTEES AND BOARD OF DIRECTORS FOR THE YEAR ENDED I APRIL 2024 TRUSTEES, RESPONSIBILITIES The Tru51e¢s (who are also directors of Rochdale Connections Trust for the PUTpose of company law) are responsible for preparing the Trustee5' Annual Report and the financial statement5 in accordance with applicable law and United Kingdom Ac¢ounlin8 Standards (United Kingdom Generally Accepted Accounting Practice). Company law rcquires the TTUStees to prepare finuncial statements for each financial yeur which give a IN¢ and fair view of Ihe slate of affairs ot the charitable company and of the in¢oming resour¢¢s and upplicalion of resources, including the income and expenditure of the ¢harituble company for that period. In preparing these financial staternents the tTUStees are required io.. select suitable accounting policics and then apply th¢m con5iStenily observe the methods and prin¢iples in Ili¢ Charities SORP 2015 (FRS 102) make judgements and estimates that are reasonable and prudent stale wliether applicable UK Ac¢ounlin8 Siandards have been followed, subject lo any material departur&8 disclosed and explained in the financial slalements prepare the financial slalemenls on the going concern basis unless it is inappropriate lo presume that the charitable company will Continue in opernlion. The Irusl¢¢s are r¢sponsible for keeping adequate accounting records Iliat disclose with reasonable a¢¢uracy at any time the finun¢ial position of the company and enabl¢ them to ensure that the Iinanci&l statements comply with Il)¢ Companies Act 2006. Th¢y are also responsible for sateguarding the assets ot the company and hence for taking reasonable steps for the pr¢venlion and d¢l¢¢lion of fraud and oih¢r irregularities. CHANGES IN FIXED ASSETS Movements in lixed assets are shown in note 9 10 the accounts. This reEXlrt has been prepared having taken advantage of th¢ small ¢ompani¢s exemption in the Companies Act 2006. Approved by The Board and signed on its behalf by.. Directoi.. B V CARTER Dale.. 181112024
INDEPENDENT EX.4fv11NER'S REPORT TO THE TRUSTEES OF ROCHDALE CONNECTIONS TRUST I report lo the ¢harity trustees on my examination of the accounts of the company for the year ended l April 2024 which are sel out on ge9 7 10 16. Responslbllltle5 And bAsl$ of report As the Charity trustees of the company (and a150 it5 directors for the purposes of company law) you are responsible for the preparation of the &¢¢ounts in accordance with tlie requirements of the CoTnpanies Act 20061'ihe 2(106 Act,). Having satisfied myself that the accounts of the company are not required lo be audited under Part 16 of the 2006 Act and are eligible for indcpcndent examination, I report in respect ot my examination of your company's accounts as caled out undeT Section 145 of the Charities .4ct 2011 ('tl)e 2011 A¢t'). In carrying out my ¢xamin&tion I have followed the Dir¢¢lions given by the Charity ComTnission under section 145(5Xbl ot the 2011 A¢1. Independent exArnlner's yt*lemenl Since the company'5 gross incom¢ exceeded £250,000 your examiner mvsl be a member of a body listed in section 145 of 2011 Act. I confirni Ihal l am qualified to undertake the examination be¢aus¢ l am a member of the Institute of Chartered A¢¢ounlanls in England and Wales, whi¢h is on¢ of the listed bodies. I have completed my examination. I contirni that no matters have come io my attention in ¢onnection with the examination giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or the accounts do not accord with those records. or the accounts do not cornply with th¢ a¢¢ounling requirements of section 396 Ol'the 2006 Act other than any requirement Ilial the accounts give a 'true and fair view, which is not a maller ¢onsid¢r¢d as part of an independent examination; or the accounts have not been prepared in a¢¢ordance with the methods and principles of the Stalethent of R¢¢ommended Practice for accounting and Teporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol. Ireland (FRS 102). I have no concerns and have come across no other maltcrs in connection with ihe examination to which attention should be drawn in this report in order lo enable a propeT understanding of the a¢¢ounis lo be rea¢hed. Michae J Pickup (FCA) Institute of Chartered Accountants in England and Wales PKW LLP Chartered Accountants Cloth Hall, 150 Drake Street Ro¢hdale OL16 IPX D#te.' 1811212024
ROCHDALE CONNECTIONS TRUST STATEfvIENT OF FINANCIAL ACTIVITY includin Income and E.K enditure Account FOR THE YEAR ENDING I APRIL 2024 2024 2023 Not Unrestricted estricted Total Funds Income from: Donations Charitable activities Other Trading activities Govemmentfjrants Investments Total In¢ome 4,729 117,233 68,795 4,729 720,208 68,795 4,422 667,987 83,398 602.975 1.529 192,286 1,529 795,261 602.975 755,815 Expendltur¢ on.. Charitable Activities Other Total Expendlture 248,575 3,035 251,610 602,975 851,550 3.035 854.585 749,599 4.854 754.453 602.975 Nel (Exp¢nditUTe)I In¢om¢ (59,3241 {59,324) 1,362 Recon¢lliatlon of Funds: Fund Balances Brought Forward 330,786 330.786 329,424 Fund Balances Carried Forward 14 271,462 271,462 330,786 The company had no other realised gains or loss¢s other than those shown above. The notes on pages 10 to 16 fonn part of thcse financial slatenienls
ROCHDALE CONNECTIONS TRUST BALANCE SHEET AS AT I APRIL 2024 Notes 2024 2023 FIXED ASSETS Tangible Assets Investments 148,348 151,991 10 CURRENT ASSETS Debtors Cash at Bank and In Hand 47,934 231,984 279,918 186,851 198,382 CREDITORS Amouni falling due in on¢ year 12 75,269 101,124 NET CURRENT ASSETS 123,113 178,794 NET ASSETS 271.462 330.786 FUNDS Unreslri¢l¢d 13 271.462 330,786 TOTAL FLfNDS 271.462 330,786 The notes on pages l O 10 16 fom part of these accounts For the year ending l April 2024 the company was ¢nliil¢d lo exemption from audit under section 477 of the Componies Act 2(M)6 relating lo small Companies. The members have not required the company lo obtairt an audit of its accounts for lh¢ y¢Dr in question in u¢cordan¢¢ with section . 476 of the Companies Act 2006. Th¢ directors acknowledge their responsibilities for complying with the requir¢ments of the Companies Act with respect lo accounting records and the preparation of account5 These accounts have been prepared in accordance with Il)e provisions applicable lo companies subject to the small companies, regime and in a¢¢ordance witli FRS 102 SORP. These financial staternenls w¢re approved and authorized for issue by the Trustees and Board of Directors on 1811212024 Signed on behalf of the Board of Trustees V. B.V. CARTER Chair of Trustees
ROCHDALE CONNECTIONS TRUST CASH FLOW STATEfvIENT FOR THE YEAR ENDING I APRIL 2024 2024 2023 Net ca$h flow from operatlng Activltles Cash flows from Inve$tlng Actlvltles Interest received Purchase of PPE (30.073) (71,3321 1,529 16,589 Nel Increase In cash and ¢a5h equival¢nts (45.133> (79,587) Cllsh ttnd eAsh equlvalentS Ot beglnnlni of the yeAr 231,984 311,571 Cll$h and cnsh equlvtslents at the end of the year 186,851 231,984 ReconclllAtlon of net Income ond net cash flow from operatlng aetlvltles Net (expenditurey Income Adjustments for.. Interest receivable Depreciition Decrea5el(increllse) in d¢bioTS {Increaselldecrea5e in creditors (59,324) 1,362 {1,529) 20,229 36,403 25.852 18) 4,276 (16,571) 60,391 Net cash flow from operating activities 30.073 71,332
ROCHDALE CONNECTIONS TRUST NOTES TO THE ACCOUt4ITS FOR THE YEAR ENDED I APRIL 2024 l. Summary of slgnlficonl a¢¢ouDtlng poll¢le$ General Informatlon and ba$1$ of preparatlon Rochdale Connections Ttijst is a company limited by guarantee. registered in England and Wal¢s. In the event of the charity b¢ing wound up, th¢ liability in r¢spe¢t of th¢ guarantee is limited to £10 per member of the charity. The address of the r¢gisler¢d office is giv¢n in the charity infomiation on page 2 of Ih¢s¢ financial statement5. The Dare of the charity's op¢rntions and principal activiti¢s are delail¢d on pag¢ 4 of th¢ financial statements. Th¢ charity conslitules a public benefit entity as defined by FRS 102. Th¢ financial statements have been prepar¢d in ccordance with A¢¢ounling and Reporting by Charities.. Sialemenl of Re¢omm¢nded Prnctice appli¢able lo ¢harities preparing their a¢¢ounts in accordance witli the Finan¢ial R¢tK>rting Standard applicable in the UK and Republi¢ of Ireland {FRS 102) issued in October 2019, the Financial Reporting Standard appli¢abl¢ in th¢ United Kingdom and Republi¢ of Ireland (FRS 102), the Companies Act 2006 and UK Generally Accepted Practice. The financial slalements are prepared on a going concern basis under the hisloricol cost conv¢ntion, modified lo include certain items al fair value. The financial st&letnenl$ are presented in sterling which is the functional currency of the charity. The Significant accounting policies applied in the prepaTation of these financial statements are set out below. These policies have been consislenily applied to all years presented unle55 Otherwise slated. Fund Accounilng General funds are available al the discretion of the directors in furtherance of the general objectives of the COTnpany. Restricted Eund5 are fuftds subject to spccitic restrictive conditions imposed by tunders or by Ihc purpose of the gronl. Incomlng Resources InC0e 15 reCognid in the accounting period in which it is receivable, except in the following circumstances, when the income is deferred and included in creditors.. The income relates to a fure accounting period A SEtle5 invoice has been raised ahead of Ilie work being carried out and the Trust is not conlraclually enliiled lo the income until the work has been done Not all the terms and conditions of the grunt have been met, including the incurring of expenditur¢ and the grant conditions are such that unspent grant musl be refunded, Income includes grllnts in respect of revenue and capital items. Grants for the purchase of fixed assets are credited to restricled incoming resources when receivable, provided that all the ¢onditions for their receipt have been met. Whcn there are continuing restrictions over use of the assels acquired, then the grants are transferred to a separate restricted fund when the ass¢1 is acquired and depreciation is charged against this fvnd over the usetul economic life of the assets. If the restrictions are met or lifted before the assets are 1]Y depreciated, then the balance on the related restricted fund is trdnsterred to unrestricted rtd5. Funds ldrninislered on behall'ot third parties, where the charity is merely acting as agent, are not included in the Siutement of Financial Activities. Expendlture Costs ar¢ defined as follows: Charitabl¢ Expenditur¢ Other Costs The Costs of delivering the charitable artivili¢s The costs as50ciaied with meeting the constitutional and 51atulory requirements of ihe charity and include fees for extemal scrutiny of the accounts and ¢0515 linked lo the strategic management of the charity. 10;
ROCHDALE CONNECTIONS TRUST NOTES TO THE ACCOUNTS FOR THE YEAR EYDED I APRIL 2024 All costs are allocated between expcnditure categories of thc SOFA on a basis designed fo reflect the use of resources. Costs directly relating lo a particular a¢tivity are allocated directly and othcr costs (support costs) are allocated on an appropriaie basis to reflect the usage of resour¢es. Ton%lble Flxed A$sel$ and Depreciation Assets Costing less than £500 are not capitalised, bul written off to revenue in the year of a¢quisition. DeprlatIOn is provided on the Cost of tangible fixed assets in order lo write off the cosl after taking account of scrap values over the expe¢led useful lives as follows... Land and Buildings Fixtures and Fittings Office Equipment Leasehold Itnprovements 20/D straight line 20/0 Straigl)I line 330/0 Straight line 20Q/ts 5tTaight line Dcbtors thnd Creditor$ Re¢eivablelPayable Wlthln One Year Debtors and ¢r¢dilors witli no slated interest rate and receivable or payable within one year are re¢orded at transaction pric¢. Deferred Income Deferred incotne relates to incom¢ Te¢¢ived bul repayable if th¢ resources are not ¢xpended.
ROCHDALE CONNECTIONS TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED I APRIL 2024 2. INCOlE FROTrI DONATIONS 2024 2023 Unre51ricted Funds Restricted Funds Total Funds General Donations 4.729 4,729 4.422 3. IIYCOME FROfvI CHARtTABLE ACTJVITIES Rochdale MBC Big Lottery Lloyds TSB CCGIGaddum Hopwood Hall College Youth Justice Service Training- DA Awareness BBC Children in Need Outd<x)rs For All 7Siars - Darnhill Youth Equipm¢nl Action Together Greater Manchester Combined Auihoriiy Bauers Radio Station Trauma Infornied Training National Lottery- Early Break Greater Manchester Walking Fund - Salford Home Start Oldharn Council Answer Cancer RBH Liinited - Counselling Dudley CSC BBC CIN Main Maiih¢w M05s- Deliver yof Happier Children Programme Phoeni.x Group Support Sessions RBC Si Cuihberts Pheonix Group 22123 GMCA St Vincents Student Support NHS- Peer Support Gaddum- Thinking Ahead Grant Darnhill Expenses Reclaim National Lollery- Know Your Neighbour si Cuthb¢rt's Siudenl Supwjrt Hopwood Hall- NLDC The Big Lite GM Wellbeing and Integration Services Sport England GMP Greater Manchester Walking Fund co-op National Loll¢ry GMCVO Grant 2022 284.210 21,556 27.275 26,210 17,120 10,000 250 250 68,528 600 81X) 600 800 7.1)00 4,000 17,490 60,236 5,100 1.500 86.250 1.915 1,500 86,250 ,915 2,150 300 2.000 2,520 2,000 2,520 500 40,814 3,750 40,814 3,750 5,000 4,325 194,806 4,325 194,806 31,500 16,058 16,058 132,840 1.440 13,940 26,249 21,397 22,000 33,150 36.336 31,917 132,840 1,440 13,940 26,249 21,397 22,000 33,150 36,336 31,917 5.690 6,000 5,000 377 66,745 35,351 3.000 602,975 35,351 3.000 720.208 117.233 667,987 12
ROCHDALE CONNECTIOkNS TRUST NOTES TO THE ACCOUNTS FOR THE YEAR EINDED I APRIL 2024 4. INCOTrIE FROL1 OTHER TRADING ACTIVITIES 2024 2023 Rental In¢om¢ Room Hire Insurance Clairn Other 65,500 448 68,000 2,763 8,S20 4.115 83.398 2,847 68,795 S. GOVERNMENT GRANTS 2023 RMBC Coronavirus Small Business Grant 6. ANALYSIS OF EXPENDITURE 2024 Otlier harilable Activities Total Dlrect Costs:. Staff Costs Mentoring and Training Professional Fees & Cunsultancy Insurance Depreciation Activities, Trips and Residentials In&urunce work Support Costs:. Accountancy Printing, Stationery and Posi Marketing and Publicity Telephone and Intemet Travel and Accornmodation Repairs, Maintenance and Refurbishment IT Equipment and Support Costs Other Office C051s Bank Charges 612,863 4,954 6.491 5,04 20,232 127,664 612,863 4,954 6,491 5,041 539,001 15,655 4.966 9,190 4,276 79.162 8.520 127,664 2,744 2,744 2.750 268 3,958 334 3,326 5.232 58,437 291 854.585 4,530 3,738 4,018 9,005 198 13,430 9,031 49,409 324 754.453 2,750 268 3.958 334 3.326 5.232 58.437 291 3,035 851.550 7. STAFF COSTS 2024 2023 Staff co$¢$ gr¢ as follows: Salaries Social Security Costs Pension Costs 458,205 121.213 33,445 612,863 408,029 100,817 30.155 539,001 The average number ot employ¢¢s during the year was 26 (2023-26) No employcc ¢arn¢d more than £60.000 per onnum. 13
ROCHDALE CONNECTIONI S TRUST IYOTES TO THE ACCOUNTS FOR THE YEAR ENDED I APRIL 20?4 . NET EXPENDITURE FOR THE YEAR 20?4 This is slated after ¢harging'. Indepcndcnt Examination and Accountancy Deprcciation of Tangible Fixed Assets Trustees Expenses 2.744 20.232 4,530 4,276 9. TANGIBLE FIXED ASSETS Leas¢hold Improvements Land & Buildings Fixtures Tothl Fitiings Coyt As at 2 April 2023 Additions As at l April 2024 165,633 84,596 250,229 16,589 266,818 16,589 16.589 165.633 84.596 Depreclatlon As at 2 April 2023 Charge for tlie Year As al l April 2021 69.075 3,313 72,387 29,163 16.919 46,082 98,239 118470 Net Book Volue As at l April 2024 As al l April 2023 16.589 93,245 96,558 38,514 55,433 148,348 151.991 10.INVESTI¥IENT IIY SUBSIDIARY UNDERTAKING 2024 Cost of shares in subsidiary The Charity holds I Sliure of £1 in its wholly owned subsidiary ¢ompany, Rochdale Connections Tnjsling (Trading) Limited, which Is incorporated in England (Company number: 04466194). Ro¢hdale Conne¢lions Trust (Trading) Limited is a domiant company and has had no Iran5aCtions during this or the pre¢¢ding year, and hence no consolidated a¢¢ounls are required. 11. DEBTORS 202 Trad¢ Debtors Prepayments and Accrued Income 42,966 4,968 47,934 11,531 14
ROCHDALE CONNECTIOINS TRUST NOTES TO THE ACCOUNTS FOR THE YEAR EINDED I APRIL 2024 12.CREDITORS (falling due within one year) 2024 2023 Accruals & Deferred Income Social Security and Other Taxes Other Creditors 61.063 14.206 82.563 15,564 2.997 101,124 75,269 13.STATEIWIENT OF FUNDS Balance A ril 2023 In¢om enditure Balan¢¢ IA ri52024 Unrestrlcted Funds: General Fund 330,786 192.286 251.614 271,462 Balance ril 2023 Income Balance IA ri12014 Restricted Funds Training- DA Awarene5S Outdoors For All 7Stars- Damhill Youth Equipment Trauma Infonned Training Nalionul Lottery- Early Break Greater Manchester Walking Fund- Sallord Answer Cancer RBH Limited - Counselling BBC CIN Main Matthew Moss- Deliver Happier Children Prograrnrne Support S¢ssions RBC GMCA NHS- Peer Support Darnhill Expenses Reclaim National Loll¢ry- Know Your Neighbour The Big Life GM Wellbeing and Integration Services National Lollery Action Tog¢ther GMCVO Grant 2022 250 600 800 1,500 86,250 1,915 2,IX)O 2,520 40.814 3,750 4,325 194,806 132,840 13,940 21,397 22,000 31,917 35,351 3,000 3,000 602,975 (250) {600) (800) 11,500) 186,250) (1.915) (2,000) (2,5201 (40,8141 (3,750} (4,325} (194,806) (132,840) (13,940) (21,397) (22,01)0) (31,917) {35,351) {3,000) 3.000 602.975) ROCHDALE CONiYECTIONS TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED I APRIL 2024 14.AIYALYSIS OF LYET ASSETS BETWEEN FUNDS Totul Fund balances al l April 2023 held by the charity and its subsidiary are represented by'.- Tangible Fixcd Assets Investment in Subsidiary company Net Curreiit Assets 148,348 148,348 148,349 148,349 15
ROCHDALE CONNECTIONS TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED I APRIL 2024 15.TAXATION The Company is a registered charity and is entitled to clairn annual exeTnptioR from UK ¢orporation Tax under Sections 466 to 493 ofihe CTA 2010. 16.CAPITAL COTrIIVIITIWIEIYTS The company had no capital ¢ommilmenls at the year end. 17.TRUSTEES' REMVNERATION The Trustees neitheT r¢c¢ived nor waived any emoluments during the year (?023-£rtil). No expenses wer¢ reimbursed lo Trustees during Ilie year (2023.£nil). 18.TRANSAcfioNS WITH DIRECTORS There are no transactions with directors ID the year which r¢quire disclosure in these accounts. 16