TRINITY HOUSE COMMUNITY RESOURCE CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Registered Charity No. 1082054 Company Registration No. 03964381
TRINITY HOUSE COMMUNITY RESOURCE CENTRE INDEX PAGE NUMBER CONTENTS TRUSTEES ANNUAL REPORT INDEPENDENT EXAMINERS REPORT STATEMENT OF FINANCIAL AcfiviTIES BALANCE SHEET STATEMENT OF CASH FLOWS 10-20 NOTES TO THE ACCOUNTS
TRINITY HOUSE COMMUNITY RESOURCE CENTRE Report of the trustees for the year ended 31" March 2024 The trustees present their annual directors, report and financial statements of the charity for the year ended 31, March 2024 which are also prepared to meet the requirement5 for a directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Att 2011, the Companies Act 2006, the Memorandum and Articles of Association, and the 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 IFRS 1021 (effective l January 2019}. Objectives and activitles The purposes of the charity are to promote the benefits of inhabitants of Central Manchester and surrounding districts and, in particular, children, young people and families. by the provision of a Resource Centre, providing facilities to advance education, relieve poverty, hardship and distress, and to provide appropriate support services and facilities for their recreation and leisure-time occupation in the interests of social welfare in order that their condition of life may be improved. The main activities are the development of the Trinity House Community Centre and associated services including the LINK Good Neighbours social activity programme, Junior and Senior Youth Clubs, one-to-one mentoring project, Toy Hub and Stay and Play, and the after school club and playgroup. In addition, we work in partnership with Ethnic Health Forum to provide advice and guidance to local people. The trustees confirm that they have referred to the Charity Commission's guidance on public benefit when reviewing the Chariws aims and objectives, in planning future activities. and setting the policies for the year. The charity furthers its charitable purposes for the public benefit through our community is situated in south entral inner city Manchester and includes Rusholme, Fallowfield and Moss Side. These wards fall in the bottom IO% of wards in terms of education and bottom 3% wards in tenrts of child poverty. The risk factors in the area include poor private housing stock, mental health issues and emotional well-being, teenage pregnancy, sexually transmitted infections, low school attendance and achievement, anti-social behaviour and the risk of becoming NEET. 75% of the Moss Side, and 62% of the Rusholme population are from BAME backgrounds. One third of Moss Side households contain a resident with a disability, Rusholme 35% and Fallowfield 40%. so we provide a service that meets their needs. (MCC website data/Census 2021) The centre offers a range of activities and support services that aim to address local needs and improve the quality of life for local families, for example toy hub and stay and play for families, after school club to help parents remain in work, and youth work sessions and mentoring. A review of our achievements and performance During the year ending March 2024 Trinity House continues to support residents with a range of activities for all ages. We also obtained funding to host a party to celebrate the Coronation of King Charles111, and to take our Senior Youth Club on a trip out for the first time since lockdowns. We continued to provide room hires for Diabetic Eye Screening and pop-up flu vaccination clinics. Our partnership with Ethnic Health Forum continued with further funding from the National Lottery Community Organisations Cost of Living Fund to provide welfare rights advice and learning opportunities. and we are currently seeking guidance and funding to establish a permanent welfare rights advice hub at Trinity House. This funding also supported our Toy Hub and warm spaces, and allowed us to run two Air Fryer workshops with an air fryer to take home to help people to combat cost of living increases.
TRINITY HOUSE COMMUNITY RESOURCE CENTRE Once again the Board are grateful to the staff team and would like to thank them all for their hard work, resilience and adaptability throughout the year. Financial review Trinity House has been successful in securing funding from a number of sources during this financial year. We secured 2 years funding from Our Manchester VCS Supporting Communities Fund to help with the cost of running a community hub. As part of this funding our CEO is not certified as Carbon Literate and will use this knowledge to help us contribute to the Manchester goal of Net Zero by 2035. Youth Work Partnership funding was reduced this year so we are struggling to do the same with les funding but we are hopeful that things will improve in the coming years. Our room hire income remains steady. We will continue to seek ways to increase our income through self-generating projects, especially room hire income, in addition to further grant funding for new and existing projects Investment powers and policy The trustees, having regard to the liquidity requirements of operating the charity, have kept available funds in interest bearing deposit accounts. Reserves policy and going concern The balance held in unrestricted reseNes at 31" March 2024 was £13,612 of which £12,445 are free reserves, after allowing for funds tied up in tangible fixed assets. The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure. The trustees consider that this level will provide sufficient funds to respond to applications for grants and ensure that support and governance costs are covered. The Management Committee agrees that the target balances held in reserves shall be based on: forecasts for levels of income in future years, taking into account the reliability of each source of income and the prospects for opening up new sources. forecasts for expenditure in future years on the basis of planned attivity. its analysis of any future needs, opportunities, contingencies or risks the effects of which are not likely to be able to be met out of income if and when they arise. assessment, and on the best evidence reasonably available, of the likelihood of each of those needs etc. arising and the potential consequences if THCRC is not able to meet them. The Charity's main source of income is grants and fees. The Trustees consider that it is appropriate to prepare the accounts on a going concern basis and, consequently, the accounts do not include any adjustments that would be necessary if these sources of income should cease. The trustees are looking to maximise income from After School Club and Playgroup, both of which we are expecting to increase the income from, and room hire which we are also planning to increase. We will also aim to include more core costs in funding bids wherever possible, and plan to increase our reserves back to our stated amount. Risk management The Management Committee has conducted a review of the major risks to which the charity is exposed. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. Procedures are in place to ensure compliance with health and safety of staff, volunteers, young people, other service users and visitors.
TRINITY HOUSE COMMUNITY RESOURCE CENTRE Plans for Future Periods Moving into 2024-25 we continue to prioritise supporting children, young people and families to become more resilient. Our playgroup is remaining popular with local parents, although we have seen some reduction in numbers for after school club as more parents now work from home. Toy Hub continues to offer the loan of curated play items to assist early yearfs development, with an associated weekly Stay and Play session working with parents and toddlers. We have also run successful holiday activity sessions during every school holiday this year, targeted at families receiving free school meals. Our LINK numbers remain steady with a good regular attendance. We will continue to explore ways to further increase room hire, reviewing seNice provision and ensuring maximum use of our building including evening and weekend hire, with a focus on tenants and hirers who provide a benefit to our community. Structurei governance and management Trinity House Community Resource Centre is a company limited by guarantee governed by its Memorandum and Articles of Association dated 4 April 2000. It is registered as a charity With the Charity Commission and is constituted under a trust deed dated 16 August 2000. We have submitted an amendment to our Memorandum and Articles to allow us to hold distanced video and hybrid board meetings and this had been accepted by the Charity Commission. Appointment of trustees As set out in the Articles of Association trustees are elected annually by the members of the charitable company attending the Annual General meeting and serve for a period of up to 3 years lone third rotating each yearl. Members of the Management Committee shall hold office until the end of the Annual General Meeting next following their election appointment or co-option and shall be eligible for re-election or re-co option. Trustee indurtion and training Most trustees are already familiar with the work of the charity as a result of either their work within a member organisation or as a volunteer. Additionally, new trustees familiarise themselves with the roles and responsibilities of trustees as set out by the Charities Commission. We have nominated trustees with particular responsibility for Health and Safety and Safeguarding and all Trustees will be offered refresher training in basic safeguarding principles. Organisation The board of trustees administers the charity. The board normally meets on a bi monthly basis but meets more frequently as required. Jane Bramley remains as part-time Chief Executive/office manager to manage the day-to-day operations of the charity. Saira Qureshi remains our Chair during this financial year. Related partles and co-operation with other organisations None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager with any service providers must be dlsclosed to the full board of trustees in the same way as any other contractual relationship with a related party. In the current year no such related party transactions were reported.
TRINITY HOUSE COMMUNITY RESOURCE CENTRE Reference and administrative information Charity Name., Trinity House Community Resource Centre Charity Number: 1082054 Company Registration Number: 3964381 Directors and trustees The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees and officers serving during the year and since the year end were as follows: Key management personnel= Trustees and Dirertors Saira Qureshi Chair of Trustee5 Michael Greenwood Susi Madron Jill Lovecy John Byrne Lorna Richardson Jane Bramley Treasurer Secretary Chief Executive Jane Bramley Registered Office Grove Close Manchester M145AA Independent Examiners Community Accountancy Service Limited The Grange Pilgrim Drive Beswick Manchester MII 3TQ Bankers Co-operative Bank l Balloon Street Manchester Virgin Money 16 Great Underbank Stockport SKI ILF
TRINITY HOUSE COMMUNITY RESOURCE CENTRE Solicitors Robin Burman Trustees responsibilities in relation to the financial ststements The charity trustees (who are also the directors of Trinity House Community Resource Centre for the purposes of company law) are responsible for preparing a trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing the financial statements, the trustees are required to: Select suitable accounting principles and then apply them consistently; Observe the methods and principles in the applicable Charities SORP; Make judgments and estimates that are reasonable and prudent. State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements; Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2(K)6. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. By order of the board of trustees Saira Qureshi Chair Date: 12 December 2024
Independent examiner's report to the trustees of TRtNITY HOUSE COMMUNITY RESOURCE CENTRE I report on the accounts of the company for the year ended 31" March 2024, which are set out on pages 7 to 20. Respective responsibilities of trustees and examiner The trust¢es (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 201 l Act) and that an independent examination is needed. The charity is required by company law to prepare accrued accounts and I am qualified to undertake the examination by being a qualified member of The Association of Chartered Certified Accountants. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to". examine the accounts under section 145 of the 201 l Act . to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(b) of the 2011 Act" and to state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the ¢videnc¢ that would be required in all audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention: ( l ) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 386 of the Companies Act 2006. to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006, ' and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met. or (2) to whiclL in my opinkon, attention should be drawn in order to enable a proper understanding of the accounts to be reached. AM King FCCA Community Accountancy Service Ltd The Grange, Pilgrim Drive, Beswick. Manchester. Ml13TQ Date: 12 December 2024
TRINITY HOUSE COMMUNrrY RESOURts CEPfflIE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 PAARCH 2024 INCLUDING INCOME AND EXPENDITURE ACC Total Funds Total Fund5 Year Endgd 31 March Year Ended 31 2024 March 2023 Unrestricted Restrlcted Funds Funds Further Detai Income from: Donations and legac Charitable Activities Other Trading Activities Investment Income Other Totsl {3) {4) {5) 210 210 125.057 130,539 143 261 256.210 121,712 97,877 122,439 72 970 130.539 143 261 134,498 121,712 211.369 ExndIture on: Raising Funds Charitable ActivV(ies Totsl (6) (6) 110.547 110.547 173,141 173,141 283,688 283,688 298.477 298.477 Not in¢omellexpenditurè) 23.951 151.429} 127,4781 187.1081 Transfers been funds 115) 11,49)) 1,49) Net movement in funds 22.461 149,9391 127,4781 187,1081 Reconclllatlon of funds Total funds brought forward Totsl funds carrled forward 115) 115) 15,788 38.249 144,280 94.341 160.068 132,590 247,176 160,068 The statemenl of finarrial adivilies indudes all gairs and losses reryjgnised in the year. AU in(xJme and expendTture derive from continuiw adNitss. The notes on pages 10 to 20 form part of these accounts.
TRINITY HOUSE COMMUNITY RESOURCE CENTrE BALANCE SHEET A AT 31 MARCH 2024 Company RegistratÈon Number: 03964381 2024 2023 Notes Flxed assats: Tangible assets Total fixed assets 111) 92,735 92.735 140,058 140,058 Current assets: Debltsts C8sh at Bank & in Harvj Total current assets {12} 17.473 52.416 69,889 18,257 35.000 51,257 Llablllttas: cdItOrS.. Amounts falling due thin one year (13) 24.034 23,247 Nel curTenl assets or liabilities 45.855 28,010 Total assets less Cunt liabilities 138.590 168.068 CTedrf(ois'. Amounts falling due after more than one year Provisions for liabilities 116) 6.000 8,000 Total net assets or liabilities 132,590 160,068 The funds of the charlty.. Restrirted incoTne funds (15) 94.341 144.280 Unrestricted income funds (151 38.249 15.788 Totsl charity funds 132.590 160,068 For the period n question the company was entitled to the exemption conferred by secbon 477 of the Companies Act 20C6, and that notice ha5 been deposited under section 476 in relation to it5 accounts for the financial yeèr,. and the directors acknowledge their responsibilities for: complying with the requirements of the Companies Act 21X)6 with $pert to accounting record5 and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. Approved by the trustees on 121h December 2024 Saira QuTesh Cha The notes on pages 10 to 2(fform part oftrse accounts.
TRINITY HOUSE COMMUNrtY RESOURCE CENTrE Stalement of Cash Flows for the year ending 31 March 2024 Year Ended Year Ended 31 March 31 March 2024 2023 Reconcillatlon of net movement in funds to net cash Ilowfrom operatlng actt¥ltles Net movement in funds Add back depreciation Deduct investment income Decrease/lincreasel in debtors Increase/ldecreasel in creditors 127.4781 48.064 11431 (1.2161 {1,2131 187,108} 47,880 1721 3,087 4,261 NÈt cash used in operatlng actlvltles 18,014 131,952) Cash flows from investment activltlg5: Inlerest Purchase of fixed assets 143 (741) 72 Net cash provided by investing actlvllles {598) 72 Intxeaselldecreasel in cash and cash equivalents durirwJ the year 17.416 131.8801 Cash arKI Cash equlvalenls brought foThvard 35.000 Cash and cash equivalents carrlod forward 52.416 35,000
TRINtTY HOUSE COMMUNrtY RESOURCE CElRE 10 Notss to tho accounts forthe year ended 31st March 2024 l. Accounting policies lal Basls of preparatlon and assessment of goh)g concern The accounts (financial statementsl have been prepared under the historical cost Convention wtth Items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Prattice= Accouftting and Reporting by Charlties preparing their accounts in accordance wtth the Financial Reporting Standard appIlble in the UK and Republic of Ireland IFRS 1021 issued on 1st Juty 2019, and the Finanaal Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011. The charity constitutes a public beneftt eFktity as defined by FRS 102. The trustees considerthat there are no material uncertaintie5 about the charrty's ability to continue as a going concem. Ibl Funds $tru¢tur¢ Restricted fund5 are funds which are to be used in accordance with specific restrirtion5 imw)5ed by the donor or trust deed. There are 14 restritted funds. Unrestricted income funds comprise those funds which the trustees are free to Use for any purpose in furtheran of the charitable objects. Unrestricted funds include desiEnated funds where the tru5tee5, at their discretion, have created a fund for a specific PLblPOSe. Further detai15 of each fund a disclosed in note 15. Icl Income recognition All income is recognised once the charity has entitlement to the income. it 15 probable that the income will be received and the amount of income ceIVable can be measured reliablv. Donations are recognlsed when the charity has been notified in writing of both the amount and settlement date. In the event that a donation 15 subject to conditions that require a level of performance before the chartty is entitled to the funds, the income is deferred and not OgnISed until either those conditions are fully met, orthe fulfilment of those conditlons is wholly within the control of the charity atKI it is probable that those condstions will be fulfilled in the reportln8 period. Interest on fund5 held on deposit is included when recelvable and the arnount can be meaSUd liabfy by the charlty. this is nornially upon notification of the interest paid or payable by the bank. Dividends are recognised once the dividend has been declared and notifltion has been received of the dNidend due. Idl Expenditurè Recognttlon Liabilities are recognised as expenditure as soon as there is a legal or constructrve obligation commrttingthe charity to that expenditure, it is probable that settlement will be required and the amouftt of the obligation can be measured reliablv. All expenditure is accounted for on an accruals basis. 1 expenses Èncluding support costs and governance costs are allocated or apportioned to the applicable expenditure headings. For rnore information on this attribution refer to note In below. lel Irrecoverable VAT Irrecoverable VAT is charged against the expenditLsre heading for which it was inCurd. In AllotiOn of support and governance costs Support costs have been allocated between goveTnance costs and other 5UPPOrt COS Govemance costs comprise all costs involvIng the public accountabllity of the charity and its compliance wtth regUlatn and good practi. These costs include costs related to independent examination and legal fee5 together with an apportionment of overhead and support costs. Governance costs and support costs relating to charitsble actiwties have been apportioned based on type of expense. The allocation of support and governan costs is analysed in note 8. Igl Costs of raising funds The cost5 of raising funds consists of advertising and publicÉty. Ih) Charltable Activwties Costs of charitable activitbe5 include governancè costs and an apportionment of support Costs as shown in note 7.
TRINFTY HOUSE COMMUNITY RESOURCE CEPItRE li Notes to the accounts for the year ended 3tst Marth 2024 111 Tanglble fixed assets artd depreclatlon All assets costing more than £500 are capitalised and Wdlued ot hÈstorical cost. Depreciation is charged on the following basi5'. Refurt)Ishment of Premises Computers Office Equipment 10% on cost 25% on cost 15% on rA)St Ill Realised gains and losses All gains and losses are taken to the Ststement of Finanual ActivÈties as they arise. Realised gains and losses on investments are calculated a5 the difference between sales prOedS and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gal and losses are C31ctJlated as the dIffenCe between the fair value at the year end and their ry1ftg value. Realised and unrealised Investment gains and losses are combined in the Statement of Finanoal Attlvities. Ikl Pensions The charity currently admtnisters contributions to a pension scheme on behalf of ind[Vual5. The charity has no labilIty beyond making r(s contribLrtions and paying acr055 the deductiofts forthe employee's contributions. 111 Debtors Trade and other debtors are reco8nised at the settlèment amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade dixounts due. Iml Creditors and provisions Creditors and provisions a recognised where the chaiity has a psent obligation resultTrng from a past event that will probably result in the transfer of funds to a third party and the arnount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowin8 for any trade discounts due. 2. Related party transactions and trustges. oxpenses and remunerallon The trustees all give freely their time and expertise wrchDut any forni of remuneration or other benefit In cash or kind 12023.. £nill. Expenses paid to the trustees in the year totalled £niS12023.. £nill. One trustee received fees for providing training. This amounted to £nil12023= £1,51. 3. Donatlons and Lega¢ios Unrastrlcted Rostrtetgd Total Funds Total Funds Year Ended Year Ended Year Ended 31 March 31 March 31 March 2024 2024 2023 Year Ended 31 Mar¢h 2024 Donations & FuT)dralsing 210 210 210 210 li Previous reporting period Unrestricted Restrlcted Totsl Funds Year Ended Year Endgd 31 March 31 March 2023 2023 Year Endod 31 March 2023 Donations & Fundraising li li 11 li
TRINITY HOUSE COMMUNifi RESOURCE CEKfRE 12 Notes to the accounts for the year ended 3tst March 2024 4. Incomo from charhablg actlvltlos Unrgstrlctsd RestrIC Total Funds Total Funds Year Ended Year End&d Year Ended 31 Mah 31 March 31 March 2024 2024 2023 Ygar Ended 31 Mar¢h 2024 Management Fees Unrestricted grants.. OMVCS M13 Youth Project Reslri¢ted grants.. Duchy of Lancaster M8nd)esler City Counal NIF Warm Space8 Manchester City Council Food VoLh&[S Manehesler City Council Third Party Giant Manchester City Council Seniors Patty 4CT Community Hubs Moss Side Millenium Powerhouse Youth MentoriThJ Moss Side Millenium Powerhouse Youth Partnership Awards for All National Lottery Fund One Manchester Toy Hub One Manthester Christmas Fur¥Jing Power to Change Man¢hester Active We Love Manchester Our Manthesler Supporting Communitie5 Our Manchester VCS 3.345 5.976 20,000 15.000 500 3,620 180 180 405 405 4.582 15.5 1.605 28.449 4.582 15,500 28.449 2.666 300 10.000 11.481 12,413 3.347 49.225 12,413 3.347 49,225 27,000 97,877 3,345 121,712 125.057
TRINITh HOUSE COMMUNITY RESOURCE CENTrE 13 Note5 to the acrnunts for the year ended 31st March 2024 4. Income from charitsble activities Previous reporting period Unrestrlcted Restrlctod Total Funds Year ended Ygar Ended 31 March 31 Alar¢h 2023 2023 Year Endgd 31 March 2023 Management Fees Unrestricted grants.. OMVCS M13 Youth Project Restricted grants.. Ouchy of Lancaster Manchester City CounrAI NIF Wam Spaces One Manchester Toy Hub One M8nd)ester Christmas Funding Power lo Change Manchester Active Our Manchester VCS 5,976 5.976 20,¢XKI 15.(¥JO 20.000 15,000 500 3.620 4.000 300 10,000 11.481 27.(YNJ 56.901 500 3,620 4.000 300 10,000 11,481 27.( 97,877 40,976 5. Income from other trading acuvltlos Unrestrlcted Restrs¢tod Total Funds Total Funds Year Ended Year Endèd Y&ar Ended 31 March 31 Mar¢h 31 IAarch 2024 2024 2023 Yoar Endod 31 March 2024 Artivtty Charges Room Hir 72.966 57.573 130.539 72. 57,573 130.539 57,204 55.235 112,439 Previous reporting period Unrostrlcted Restrictsd Total Fund8 Ygar Ended Y¢ar Endod 31 March 31 Mar¢h 2023 2023 Y*ar Ended 31 rch 2023 Attivity Charges Room Hire 57,204 55,235 112.439 57,204 55.235 112.439
TRINITY HOUSE COMMUNrrY RESOURCE CENTRE 14 Notes to the accounts for the year ended 3tst March 2024 6. Expenditure Youth and Communlty Actl¥iti Year Ended Year Endod 31 March 31 March 2024 2023 Expèndlture on ralslng funds: Advertising and marketin8 Exppnditure on charitsble activiti6S: Employment Costs Training Temporary Staff Minor Equipment Grants Paid Third Party Salary Costs Tyavel Expenses Activities Ethnic Health Forum Project Costs Membership and Subscriptions 8ad Debts Volunteer Expenses Refreshments Heat. Light & Water Rates Bank Charges IT Maintenan Building Services. Repairs and Seojrity Telephone Cleaning & Waste Disposal Insuranc Govemance Costs Post, PTinting & Stationery Depreciation 171.734 220 3.525 271 171,734 220 3.525 271 191,319 2,745 4,D58 279 1,465 855 357 6.530 11,056 1,133 11391 159 4,968 8,393 456 10.483 10.483 776 429 5.140 11.776 233 776 429 5.140 233 159 6,264 2,981 2,375 3,370 1.378 1,489 47,880 298,477 298,477 8.522 2.317 2,855 3,609 1.671 8.522 2,317 2.855 1.671 48,W 283,688 283,688 48. 283.688 283,688 Unrestricted funds Restrirted fund5 110.S47 173,141 283,688 158,478 139,999 298,477
TRINITY HOUSE COMMUNrrY RESOURCE cElRE 15 Notes to the acc(Mthts forthè year ended 3tst March 2024 7. Analysis of expendlture on charitsble artivities As per note 6. 8. Allocatlon of goveman¢e and support Costs The breakdown of support costs and how these were allocated between governance and other support costs is shown below= General Support Governance 1.062 Total 2024 Bas1$ of apportÉonm•nt 1.(2 type ofexpense 36 type ofexpen5e Accountancy Fees Profession81 Fees Payroll Costs DBS Ched(s 185 1,(2 1,671 Previous reporting period Generdl Support Govomance 1.080 Totsl 2023 Basi8 of apportionment 1.080 type ofexpense 13 type ofeynse 126 tyw ofeynse 159 tyFe ofexpertse 1.378 Accountancy Fees Profession81 Fees Payroll Costs D8S Checks 13 126 159 298 1.080 9. Analysls of staff costs Year Endad Yr Endpd 31 March 31 March 2024 2023 Wages and Salaries Redundancg Social Security Costs Pension Costs 163.552 181.426 5.289 2,893 171,734 6,785 3,108 191,319 Chaiitable activities Support ¢osts 171.734 191,319 171,734 191,319 The average number of employees during the year was 14 (weviryjs year 141. The charity considers its key management pe1 ¢omprises the twslees and Oparadons Manager. The lotsl employment benefits, including employer pension contributions of the key management personnel were £30,359 Iprevious year.. £30,129}. No employee has befitS in eXsS of £60.000 (previous year.. none). 10. Independent Examlnar Foes Year Endgd Year End&d 31 March 31 March 2024 2023 Independent examinatson fees 1,062 1,062 1,080 1.080
TRINITY HOUSE COMMUNrtY RESOURCE CENTrE 16 Noles to the accounts for the year ended 31st March 2024 11. Tanglble Flxed Assets Rgfurblshment Furniture & of Premlses Computer5 Equlpmont Totsl Cost Al 1 April 2023 Additions Al 31 March 2024 477.635 46.296 58,102 741 582,033 741 582,774 477.635 46,296 58,843 Depreciation At 1 April 2023 Charge for Year At 31 March 2024 337.831 47.752 385.583 46,296 57,848 312 58.160 441,975 48.064 490,039 46.296 NET BOOK VALUE At 31 March 2024 92,052 139.804 92,735 140,058 A¢ 31 March 2023 254 Trinity House Community Resource Centre also hold the title to the bulldin8 known as Trinwty House. Grove a¢)se, Manchester M14 SAA. This building was transfetted to the company at no c05t on 8th September 201L There is a charge against the Trinity House by The Big Lottery Fund. 12. Analysis of debtors 2024 2023 Debtors PrePayents 14,518 2.955 17,473 12,983 3,274 16,257 Debtors and prepayments related to restritted funds £nil {2023= £nill and unrestrirted fund5 £17.47312023.. £16,2571. 13. Credltors.. amounts falling due within one year 2024 2023 Creditors Short-lemi compensate(f absen (holiday payl Other Creditors and accruals Oelerred income Taxalion and soual security costs 19.451 1,407 1.080 8,469 S,215 2.022 5.831 1.710 23.247 24.034 14. Deferred Income tkferred income comprises grants received in a(fvance Balance as al l April 2023 Amount released to income eamed from thafitable adivthes Amount deferred in year Balance at 31 March 2024 5.831 15.831) 1 S. Credltors: amounts falling due aftor moro than on8 year 2024 2023 Loans from Trustees arKI Ex-lruslees 8,000 8,000 6,000 Loans were made to the charity by Iwo tru5t*s In 2017 totaifing £20.000. An agrmen1 was made to repay the8a at £2000 per year. One trustee has since SIgned. In the year to March 2024. onw £1.0 was repaid to each person.
TRINTrf HOUSE COMMUNrrY RESOURCE CENTRE 17 Notes ¢0 the accounts for the year onded 31st March 2024 16. Analy$l$ of charltable funds Analysis of movements in unrestrlcted funds Balance at 1 Aprll 2023 In¢omlng Resources Rgsour¢es Expended Balancg at 31 ar¢h 2024 Transfers General Fund Designaled Fund 100 15.688 15.788 134.498 (110.54n 110,439) 8,949 11,49D} 13,612 24.637 38.249 134.498 1110,$4n Previous reporting peri(Kf Balan¢¢ at 1 April 2022 Incomlng Resources Resources expended Balancg at 31 March 2023 Transfers General Fund Designated Fund 4,184 15,688 19.872 154.468 {158.478) {741 100 15.688 15.788 1S4,468 1158.4781 174} Name of unrestrlctad fund: Gener81 Fund Designated Fund Description. natuyg and purpose of the fund The Vree SeteS. after allowirwJ for all deSnated fijnds FN future redundanry costs Analysis of movemants In restricted funds 8alan¢è at 1 April 2023 Incoming Rgsources Resources Expgndgd Balance at 31 March 2024 Tran8tsrs Manchester City Counal Food Vouchers Manchester City Counal Third Paty Grant Manchester City Council Seniors Party 4CT Community Hubs Moss Side Millenium Powethouse Youth Mlorij Moss Side Millenium Powerhouse YoLth Partnership Awards lor All National Lottery Fund One Manthesler Toy Hub Power to Change Manchester Active We Love Manthester Our Manchester Supporting Communit*s 8ig Lottery Fund C8pItsI (1.730) 1,490 160) 405 {4111 12.51Y)} 14.578) (15.0571 {1.0501 127.377) 12.5391 (5.9341 112,321} 13.086) (49.2241 (47,3341 1173.141) 161 4,582 15.5 1.605 28,449 443 555 1,072 127 5.934 12.413 3.347 49.225 92 261 138.346 144.280 91,012 94,341 121.712 1,490
TrINITY HOUSE COMMUNITY RESOURCE CENTRE Note5 to the accounts for the year ended 31st March 2024 16. Analys1$ of charltable fund5 Analysis of movements In rgstrlct8d funds PrevioL¥S reporting period Balance at 1 April 2022 Incoming Res0W9$ Resources Expended Transfgrs Balanco at 31 arch 2023 Greater Manchester MH NHS Duchy of Lancaster Greater Manthesler Police lS FundiTrJ Manchester City Council M3 Youth Proe¢t Manchester City Counal Holiday Activity FUNI Manthester Cty Council NSF Manchester City Coundl NIF Warm Spa(s Moss Side Millenium Powethouse Playscfmes OMCVS Covid Impact Fund One Manchester Welfare FurKI Playgroup One Manthester Toy Hub One Manchester Christmas Funding Power to Change Young Manchester Moss Side Millenium Powerhouse Manthester Active Our Manchester VCS Big Lottery Fund Capital 117 (11n {5(K)} {150) {953) 953 1741 74 12601 {3.6201 135} (656) (19,700) {10.5231 (4.0001 13001 14.(f6) 11,3951 116.1221 130,2681 147.334} {139.999) 3,620 35 656 19.7CKJ 10,523 4.000 10.(KX) 5,934 1.395 4,641 3.268 185.680 227.304 11.481 27.000 138,346 144.28D 56,901 74
TRINITY HOUSE COMMUNITY RE50UR(E CEpRE 19 Notes tothe OUnts forthe year ended 31st Marth 2024 16. Analysls of charitsble fvnds Analysls of movements in restrirted funds Name of restrlctgd fund: Manchester City Council Food Vovchers Manchester City Council Third Party Grarht M3nchester City Council Seniors Party 4CT Community Hubs Moss Side Millenium Powerhouse Youth Mentoring Moss Side Millenium Powerhouse Youth Partnership Awards for All National Lottery Fund One Manchester Toy Hub Power to Change Manchester Active We Love Manchester Our Manchester Supporting Communities Descrlptlon. naturn and purpose of the fund Eaty education holiday focxl vouthers. PaHJ out to families from playgroup for costs of refreshments for LINK group drop-in. 3Td party grant LINK Mondat group Sts- lo be paid lo worter. 3rd party grant for energy efflaency improvements youth mentoring support Wotfter o)nthbulion to expenses and salary costs for actiwties and youth rjubs costs of a party to celebrate con)nation of KiThJ Charles 3rd for exsting staffing and buildiThJ sts and actNrties toy hub room hire costs u5 resour for njnning costs and building improvernents for playstheme actiV[t and youth dubs for men's mental heatth support group for Core salaries. building Costs. staff ts8ining aThJ Real VIng Wage Foundation regi$traUon for the capttal bid lo Big Lottery. Part of the balance on this fvnd represents fulure deweclation. Big Lottery Fund Capital
TrINITY HOUSE COMMUNITY RESOURCE CEPMIE Notes to the accounts for the year ended 31st Marth 2024 17. Analysls of net assets between lundg Unrestricted Designatod Reslrlctod fvnds funds Total 2024 Tangible fLxed assets Cash al bank and Sn hand Other nel current asSet{lIabill1les) Total 1,167 25.0(6 {12,561} 13,612 91.568 2.773 92,735 52,416 112,5611 132.590 24.637 24.637 94.341 Previous reporting period UnrestrÈcted Deslgnated Restricted funds funds funds Total 2023 Tangible fLxed assets Cash at bank and in hand Other net uJrrent a&8etsllliabilities) Total 1,712 7,339 {8,951) loo 138,346 11,973 {6,0391 144,280 140,058 35,000 114.990) 160,068 15.688 15.688 18. Finan¢lal Instrumonts The chaiity onty has financial assets arKI liabililies of a knnd that qualTty a5 basic financial instruments. Basic fmanryal inslrufnents a initially recognised on a transaction value and subsequently Measu 81 Ihew Sement value with the exception ol bank loans which are subsequenlty measured al an am0 cost usirg efferjive inlerest methc¥J. 19. Operatlng Leases The total of future minimum lease payments under non-canlIable operating leases are: 2024 2023 Not 5ater than one year Laterthan one year and not later than five years 813 1.966 2,779 1,404 Lease payments reo)gnlsed as expenses are £562 lId1r0 servKW arvj £503 vnthin PrlntlThJ and Siationèry.