| Page | |||
|---|---|---|---|
| Trustees' Report |
1-6 | ||
| Statement ofTrustees' | Responsibilities | ||
| Independent Examiner's |
Report | 8-9 | |
| Summary income 8 expenditure |
account | 10 | |
| Statement of Financial Activities | |||
| Balance Sheet | 12 | ||
| Notes to the Accounts | 13-18 |
| Year ended | Year ended | |||||
|---|---|---|---|---|---|---|
| 31/03/2022 | 31/03/2021 | |||||
| Notes | f | f | ||||
| Operating | income | 286,289 | 216,442 | |||
| Other income | 0 | 0 | ||||
| Less: Expenses | (186,799) | (215,724) | ||||
| Operating | Surplus/ | (Deficit) | 99,490 | 719 | ||
| Investment | income | 51 | ||||
| 99,490 | 769 | |||||
| Taxation | 0 | 0 | ||||
| Net surplus | on ordinary | activities after | ||||
| taxation | 99,490 | 769 |
| INCOMING RESOURC |
ES | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Tota I | Tota I | ||||||||
| Note | Unrestricted | Restricted | Property | 2022 | 2021 | ||||
| Grants Received:— | |||||||||
| Manchester City Council |
28,397 | 0 | 28,397 | 29,617 | |||||
| Lloyds Bank Foundation | for England | and Wales | 24,211 | 0 | 24,211 | 30,850 | |||
| Carers Grant | 10,000 | 0 | 10,000 | 10,000 | |||||
| We Love Manchester | 0 | 0 | 1,000 | ||||||
| Wellbeing | 3,000 | 0 | 3,000 | 430 | |||||
| Workers' Educational |
Association | 19,770 | 0 | 19,770 | 16,090 | ||||
| Forever Manchester | 0 | 0 | 3,144 | ||||||
| 5 Boroughs | 0 | 0 | 4,000 | ||||||
| Ardonagh Community |
Grant | 0 | 0 | 5,025 | |||||
| Project Dirt | 0 | 0 | 2,389 | ||||||
| Ogelsby | 9,189 | 0 | 9,189 | 9,149 | |||||
| Wolfson Foundation | |||||||||
| Employment project |
8,471 | 0 | 8,471 | 9,724 | |||||
| Student Project | 87,347 | 0 | 87,347 | 77,200 | |||||
| Cafe | |||||||||
| Donations | 60,904 | 35,000 | 0 | 95,904 | 17,824 | ||||
| Bank Interest | 0 | 0 | 51 | ||||||
| TOTAL INCOMING RESOURCES |
60,904 | 225,385 | 0 | 286,289 | 216,493 | ||||
| TOTAL RESOURCES FOR | THE YEAR | 0 | 186,799 | 0 | 186,799 | 215,724 | |||
| NET RESOURCES FOR | THE YEAR | 60,904 | 38,586 | 0 | 99,490 | 769 | |||
| TOTAL FUNDS 8/FWD | 254,981 | 77,271 | 551,000 | 883,252 | 882,483 | ||||
| TOTAL FUNDS C/FWD | 315,885 | 115,857 | 551,000 | 982,742 | 883,252 |
| Year ended | Year ended | |||||
|---|---|---|---|---|---|---|
| 31/03/2022 | 31/03/2021 | |||||
| Notes | E | E | ||||
| FIXEDASSETS | ||||||
| Property | 551,000 | 551,000 | ||||
| Tangible assets | 744 | 933 | ||||
| 551,744 | 551,933 | |||||
| CURRENT ASSETS | ||||||
| Debtors | 26,140 | |||||
| Cash at bank (current account) | 412,043 | 340,721 | ||||
| Cash in hand | 100 | 100 | ||||
| 438,283 | 340,821 | |||||
| CREDITORS | ||||||
| Amounts falling |
due within one year | (7,285) | (9,502) | |||
| 430,998 | 331,319 | |||||
| NET ASSETS | 982,742 | 883,252 | ||||
| ACCUMULATED | FUNDS | |||||
| Unrestricted | 315,885 | 254,981 | ||||
| Restricted funds | 115,857 | 77,271 | ||||
| 431,742 | 332,252 | |||||
| Property | 551,000 | 551,000 | ||||
| 982,742 | 883,252 |
| OPERATING S | URPLUS DEFICIT |
|||
|---|---|---|---|---|
| 2022 | 2021 | |||
| f | f | |||
| The operating | surplus / (deficit) is stated after charging: | |||
| Depreciation | 0 | 0 | ||
| Directors' Remuneration | 0 | 0 | ||
| Pension Costs | 5,847 | 7,129 | ||
| Accountancy | 1,740 | 1,740 | ||
| INVESTMENT | INCOME | |||
| Bank interest | received | 51 |
| Year | Year | ||||||
|---|---|---|---|---|---|---|---|
| TOTAL RESOURCES | EXPENDED | ended | ended | ||||
| Unrestricted | Restricted | 2022 | 2021 | ||||
| E | f | E | E | ||||
| Training | 4,972 | 4,972 | 5,675 | ||||
| Travel &Volunteer | Expenses | 1,471 | 1,471 | 3,466 | |||
| Marketing and fundraising |
expenses | 0 | 0 | 0 | |||
| Premises/utilities | 10,742 | 10,742 | 4,136 | ||||
| General expenses, repairs | and insurance | 7,167 | 7,167 | 6,525 | |||
| Printing, Postage & |
Stationery | 120 | 120 | 3 | |||
| Telephones and computer |
equipment | 11,775 | 11,775 | 9,537 | |||
| Wages and Salaries | 146,558 | 146,558 | 173,632 | ||||
| Sundries | 0 | 0 | 0 | ||||
| Subscriptions | 1,686 | 1,686 | 692 | ||||
| Cafe expenses | 0 | 0 | 0 | ||||
| Depreciation | 714 | 714 | 5,307 | ||||
| Professional Fees and Accountancy |
1,378 | 1,378 | 6,535 | ||||
| Bank interest/charges | 216 | 216 | 216 | ||||
| 0 | 186,799 | 186,799 | 215,724 |
| The average number of persons emplo |
yed by the company during the ye |
ar, was as follows: | |
|---|---|---|---|
| 2022 | 2021 | ||
| Number | 12 | 12 | |
| Staff Costs | |||
| Wages and Salaries | 131,639 | 154,599 | |
| Social Security Costs (incl employment | allowance for NIC) | 9,072 | 11,904 |
| Pension costs | 5,847 | 7,129 | |
| 146,558 | 173,632 |
| Notes to the Financial Statements | for the | Year E | nded 31 | March | 2022 | |
|---|---|---|---|---|---|---|
| 7 | TANGIBLE FIXED ASSETS | |||||
| Property | at | Office | and | |||
| 36 New | other | |||||
| Mount St | equipment | Total | ||||
| f | f | f | ||||
| COST | ||||||
| At 1April 2021 | 551,000 | 33,862 | 584,862 | |||
| Additions in period |
744 | 744 | ||||
| 551,000 | 34,606 | 585,606 | ||||
| DEPRECIATION | ||||||
| At 1April 2021 | 32,929 | 32,929 | ||||
| Charge for year | 933 | 933 | ||||
| At 31March 2022 | 33,862 | 33,862 | ||||
| NET BOOK VALUE | ||||||
| At 31March 2022 | 551,000 | 744 | 551,744 | |||
| At 31March 2021 | 551,000 | 933 | 551,933 | |||
| 8 | CAPITAL COMMITMENTS | |||||
| 2022 | 2021 | |||||
| f | f | |||||
| Contracted for but not provided |
||||||
| 9 | DEBTORS | |||||
| Slippage money at period end | 26,140 | |||||
| 26,140 | ||||||
| 10 | LIABILITIES: | |||||
| AMOUNTS FALLING DUE WITHIN ONE |
||||||
| YEAR | ||||||
| Inland Revenue |
4,261 | 3,310 | ||||
| Sundry creditors | 603 | 3,818 | ||||
| Pension Fund |
681 | 634 | ||||
| Accruals | 1,740 | 1,740 | ||||
| 7,285 | 9,502 | |||||
| Page 18 |