Company number: 3900840 Charity Number: 1089038 

**The Broughton Trust Annual report and financial statements For the year ended 31st March 2023** 








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trus
hton
Impact Report
2022123
We engaged with
1112
people supported across
3 projects in Salford
1000
people worked with
people improved their
aspirations and wellbeing
young people engaged in
a NEETS programme
Lll-,
positive outcomes
entered employment
ex offenders engaged
progressed to accredited
courses
engaged In communlty
l>ased learning
,fttty¢
staff volunteer hours
people entered employment
job appli¢ation$ supported
people reported increased
contidence and general
wellbeing
Cvs created
people improved their
financial circumstances

## The Broughton Trust 

## Reference and administrative information 

for the year ended 31[st] March 2023 

**Company number** 3900840 

**Charity number** 1089038 

**Registered office and operational address** Humphrey Booth Centre, Heath Avenue, Salford, M7 1NY 

**Management Committee** Management Committee, who are also directors under company law, who served during the year and up to the date of this report were as follows: 

Amanda Bickerton Resident - Chair 

Carole Sumner Resident - Vice Chair Ann Marie Pickup Resident (resigned 31.12.2022) John Walsh Resident (appointed 19.09.2022) Michael Smith Resident Roger Baldry Resident Rosemary Wedge Resident Craig Stone Great Places Housing Group Tara Logan Irwell Valley Housing Association Emma Needham      Onward Homes (replaced Charlotte Mullen 31.10.2022) Jackie Crook Salix Homes Ruth Potts University of Salford Bob Chorley Starcliff Limited 

**Company Secretary** Diane Crowcroft 

**Key management** Mike Thorpe, Chief Officer 

**personnel** Diane Crowcroft, Deputy Chief Officer, HR and Finance. 

**Bankers** Co-operative Bank plc 

PO Box 250, Skelmersdale, Lancashire, WN8 6WT 

**Independent** Catherine Hall FCCA DChA, Slade & Cooper Limited **examiner** Beehive Mill, Jersey St, Ancoats, Manchester, M4 6JG 

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## The Broughton Trust 

## Management committee’s annual report 

## for the year ended 31[st] March 2022 

The management committee present their report and the unaudited financial statements for the year ended 31st March 2023. Included within the management committee’ report is the directors’ report as required by company law. 

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102. 

## **Objectives and activities** 

All projects are presented to the Board for discussion and to ensure that they are consistent with the Charities Objectives and the Charity Commissions guidance on public benefit. In planning the Trusts activities for the year senior management team work to the Charity Commissions guidance on public benefit. The work and projects of the Trust are delivered to promote and support clause 3 of the Trusts Memorandums and Articles: 

## **Clause 3, Memorandums and Articles. (December 1999)** 

- **(a)** The relief of poverty in such ways as may be thought fit. 

- **(b)** The relief of unemployment. 

- **(c)** The advancement of education, training, or retraining, particularly among unemployed people and providing work experience for the unemployed. 

- **(d)** The technical assistance, business advice or consultancy in order to provide training and employment opportunities for unemployed people in cases of financial or other charitable need through help in setting up their own business or to existing businesses. 

- **(e)** The creation of training and employment opportunities by the provision of workspace, buildings and/or land for use on favourable terms. 

- **(f)** To facilitate the improvement of housing in the public sector or in charitable ownership provided that such power shall not extend to relieving any local authorities or other bodies of statutory duty to provide or improve housing. 

- **(g)** The provision of facilities for recreational facilities for the public at large or those who by reason of their youth, age, infirmity or disablement, poverty or social or economic circumstances have need of such facilities. 

- **(h)** The provision of childcare. 

- **(i)** The promotion of public safety and prevention of crime; and such other means as may from time to time be determined subject to the prior consent of the Charity Commission. 

Shorter term objectives are to survive in a hostile funding environment that concentrates our minds to be value for money and applying for small pots of money to tide us through. 

Medium term is to consolidate all projects into a holistic programme to bring added value to each individual project through a root and branch approach to issues. 

The trustees review the aims, objectives, and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that 

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## The Broughton Trust 

## Management committee’s annual report 

## for the year ended 31[st] March 2022 

it is set up to help. The review also helps the trustees ensure the charity's aims, objectives and activities remained focused on its stated purposes. 

The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set. 

## **Achievements and performance** 

The charity's main activities and its beneficiary base are described below. All its charitable activities focus on public benefit and are undertaken to further The Broughton Trust’s charitable purposes or the public benefit. 

All its charitable activities focus on Community Education, Youth Development and Employment Opportunities. All three areas have performed well, against an increased demand. The future of all these projects will be determined by funding, which is not always sufficient or dependable. 

All the Trust's projects are measured against funder’s requirements. All outcomes were met for the year 2022/23. 

## **Achievements:** 

   - To have kept and maintained all our projects in a particularly hostile financial environment. 

   - This demonstrates the strength, importance, and commitment of all the staff at the Trust. 

   - A key strength and achievement are that this organisation maintains a connection with all its service users, supports and contributed to an increased resilience within those individuals, as opposed to much of the statutory provision being curtailed or withdrawn. 

   - Maintained its Matrix Accreditation. 

   - Increased its income from a low point to a more stable level. 

- **(1)** Projects delivered against the required outcomes, and all delivered above outcomes required, increased social and added value above anything required within the funding budgets. 

- **(2)** Maintained the employment support programme from within the Trust own resources. 

- **(3)** The senior management team have all responded positively to the pressures that the financial situation has put on the Trust and its beneficiaries. 

## **Beneficiaries of our services:** 

Most of our residents/beneficiaries/clients are from the most deprived areas of our city and are for the most part both financially and in aspirational terms poor. They make up what is usually considered to be the “hard to reach” of our communities. We provide support for many abandoned individuals lacking funds and technical skills to access online learning. We tackle the challenges created for our beneficiaries as a direct result of absence of learning, employment and training opportunities and social interaction, staying at home in isolation. We nurture a learning environment across all three projects that reassures and keeps safe all our beneficiaries to create equality in opportunities. All of which has become increasingly more difficult during the past year. 

It is our aim that all our beneficiaries/residents will be supported all the way through their time with the Trust, support will not only focus on academic, employment or social inclusion recovery but also address 

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## The Broughton Trust 

## Management committee’s annual report 

## for the year ended 31[st] March 2022 

personal growth. This will be echoed in the feedback process as everyone’s views, reflections and progression will be recorded as part of the measuring process across all our projects (success/failure) 

_**Amanda Bickerton**_ **Chair** 

## **Performance, projects:** 

One of the main strengths of the Trust is its ability to bring social value alive within each of its project and demonstrate the added value of it provision, which is often overlooked and not part of any funding criteria. 

Within the third sector, i.e., “social organisations” social and added value are ways to quantify how different interventions affect people’s lives – the overall impact on people’s wellbeing, or their quality of life. It is a way of measuring the positive benefits your work has on both individuals and communities. 

Understanding the different aways social and added value can be built into projects is the key to ensuring you can build into your plans a positive and tangible impact on individuals and the communities they are from. 

The Trust’s current projects listed below have at their core social and added value as they go above and beyond any funding requirements and impact directly on individuals and their communities, they change beneficiaries’ lives, not through a tick box model but by meaningful and sustained interventions throughout a project’s life and very often beyond, supporting areas of positive change. 

## **Learning Team and its Provision: Managed by Marie Carroll** 

The Trust is the largest supplier of non-accredited adult education with Salford City College and is funded through their AEB. The programme is designed and delivered with the aim of re-engaging with adults that have, either no formal qualifications or adults wishing to return to learning, to re-enter the world of work or up skill. We engage with over seven hundred learners per year offering a wide range of learning opportunities, examples of which are: 

- English (first steps, next steps) 

- Maths (first steps, next steps) 


- ESOL (area specific classes, Pre-Entry, Entry level **3** ) 

- Environmental Awareness. 


- Healthy Eating 

- Look Good Feel Good 

- Confidence Building 


- Mental Health Awareness 

- Counselling skills 

- Health and Social Care 


- Employability Skills 

- Childcare 


- Volunteering 

- Advocacy 

All our courses have bespoke schemes of work, with a course overview. This is our funding requirement, engage with and deliver. 

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## The Broughton Trust 

## Management committee’s annual report 

## for the year ended 31[st] March 2022 

However we do not simply see learning as an academic offer over a brief period of time but see it as a life changer. Learning is a way of life and life is a way of learning. Beneficiaries are encouraged to take part in the development/planning of community learning provision. They are supported throughout the journey. 

The social value that we bring to the AEB is far reaching, we empower individuals, improve their social and economic life individually and within families. This is achieved by creating a support mechanism developed to enhance and go beyond the funding criteria focussed on the individual. This is achieved by a supplementary offer not funded which include: 


**Interventions** , identifying potential barriers to progression, befriending, mentoring, referring/signposting to other support organizations, utilizing our strong network of trusted partners such as health and wellbeing services, domestic violence support, housing, financial and employment support, being an advocate. 

## **Youth and 18/24 Provision: Managed by Dave Mayers.** 

The “Future You” project is aimed at 18–24-year-olds and contractually covers the city of Salford although we have engaged and recruited young people from across Greater Manchester adding further value to the programme. 

On this programme we have mentored **149** NEET young people set against our contractual target of **134** . Of the **149** , **108** have achieved a positive outcome set against our contractual target of sixty which is **180%** of our profile. 

The social value of this programme is the positive change in people and the local communities by providing training and employment opportunities to young people, many of whom engaged with no other services prior to this programme therefore unable to access support, opportunities, and mentorship. 

The added value is that participants become financially independent, a reduction in unemployment in those who were the furthest away from the employment market but are now much closer gaining sectorbased qualifications such as CSCS cards which allow them to access construction opportunities which without a CSCS card they would have been unable to do. As a result of our commitment to social value 

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## The Broughton Trust 

## Management committee’s annual report 

## for the year ended 31[st] March 2022 

we re-invest a considerable proportion of our surplus from this programme back into the young people to pay for this training. 

Many participants had no ID so were unable to claim benefits or even open bank   accounts, many had given up trying. We supported all participants to overcome this barrier so were at the very least able to make a claim for universal credit and become more financially stable. 

Further added value has been covering travel costs to interviews/work, purchasing PPE and other equipment where necessary. 

This programme is ending and without further funding will result in three redundancies and an everincreasing number of NEET individuals across GM. This programme is set to end in September 2023, with no further funding yet being announced. 

Interventions, identifying potential barriers to progression, mentoring, referring/signposting to other support organizations, utilizing our strong network of trusted partners, supporting employment and advocacy. 

## **Jobs not Prison: Managed by Graham Cooper.** 

This project cover two local authority areas, Salford, and Trafford its purpose is to engage with forty exoffenders or people in danger of entering the criminal justice system. Often these clients come from deprived areas and are some of the most disenfranchised and disengaged groups due to distrust of authority. Of the forty clients that we have worked with thirty-two have been supported into work. We have worked with construction companies to be their social value deliverers when employing from this cohort. For example, Balfour Beatty, BAM, Seddon’s, ISG and others. 

The social value is the impact on the individuals, their families, and communities they live in. Changing and creating a sea change in their personal lives and their futures. The trust has many examples of the impact of social value via audio/media and testimonials, quantifying both social value and achievements to date. The value of the ex-offender work far exceeds the investments and therefore creates savings across the criminal justice system reliance on DWP and the taxpayer’s purse. 

The added value is that these people will become financially independent, and potential, nett contributors, re-offending rates have reduced and beneficiaries become potential role models within their own communities. 

Apart from the engagement we provide a bespoke model that goes above and beyond any other provider offers, this is attested to by our success level that has been sustained over several years. Reports available if required. 

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## The Broughton Trust 

## Management committee’s annual report 

## for the year ended 31[st] March 2022 

We offer intensive support that consists of a 1:1 mentoring model, wherever that is needed, job brokerage, travel costs, equipment supplies, e.g. boots PPE, etc. Irrespective of our contract we go beyond its remit and challenge barriers to ensure that this cohort achieve their goals. 

**Interventions** , identifying potential barriers to progression, befriending, mentoring, referring/signposting to other support organizations, utilizing our strong network of trusted partners such as health and employment support, being an advocate. 


## **Examples of the range of interventions covered within each of our programmes:** 

**Employment interventions,** CV writing, Job Club/Job search, helping to fill in benefit and job application forms. 

**Employment Provision:** The employment provision has continued to grow out of a need to support our beneficiaries beyond our projects "learning and youth". As a result last year, **210** people entered the World of work via the Broughton Trust, through its work club and training programmes and Jobs not Prison. Most employment outcomes came via the CSCS card provision, which is directed and delivered under the youth programme. This provision attracts some funding via Pro-Cure Plus, this funding varies each year based on available funds. 

## **Case study 1: (JnP)** 

Mr X Was released from custody at the end of June 2022, after spending a considerable amount of time in prison. X had only ever worked “Cash in hand” as a welder’s mate and this was very sporadic. 

Apart from the challenge all ex-offenders face, fear of not being able to assimilate back into “normal life,” lack of confidence, the danger of unemployment and a calling back to a life of crime as a way of life, all of which impacted on his well-being. Our biggest challenge was keeping X focused on his eventual HGV driving test. 

For reasons outside his control two of his tests were cancelled and at one point X wanted to give up. Between us we sent the training provider an email asking for their help to arrange his test for ASAP and because twelve weeks had lapsed since his practical driving tests, we funded additional lessons in the week before his final test, this helped him focus, his confidence grew when the training company acknowledged his problems. 

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## The Broughton Trust 

## Management committee’s annual report 

## for the year ended 31[st] March 2022 

Having someone who listens and can navigate the “system” with similar lived experience enables mentors to motivate and make others believe in themselves, they feel our confidence and know we have succeeded to gain progress in our own lives. As a result of this programme his personal well-being is at a high and he is looking forward to a new life for himself and his family. 

- **Interventions** : Supported X in making appropriate benefit claims, Worked in partnership with GMP Spotlight, Salford probation and Back2work to inform progress and stop duplication, Referred to Back2work for Class one HGV course, Developed a CV, Developed Confidence and routine, Paid for travel and refreshments whilst on the training course, Supported X with help on his theory test and course material, Lobbied test centre for an additional test after civil servant’s strike left him unable to do his HGV test, Paid for additional HGV driving lessons to ones allocated on the course, Worked in partnership to arrange new test times and dates after strike action cancelled all tests, Applied for warehouse work in January 2023, Practised interview techniques, Started employment at Southern Broad Stocks (Agency), Purchased Safety boots and clothes, Transport to Job in Bolton and provided transport costs until first pay day, Passed his Class 1 HGV test. 

The provision of a one-to-one mentor over the last six months has been very significant in creating belief in X and the confidence to enter employment. 

This relationship is integral for success and for the client to have someone to talk and turn to. X has now moved into agency work whilst his HGV Class 1 licence comes through. He will then be supported by both the training provider and The Broughton Trust to find employment in Driving. He has had some setbacks along the way but with the support of his mentor he passed his HGV at the beginning of April 2023 and is now looking to gain employment as an HGV driver. 

This programme leans heavily on partners and partnership working, involved within this provision is working with training providers, in this case Back2Work but other training providers are engaged in Health and Safety training and CSCS cards. We also collaborate with companies to create employment opportunities. There is also a strong partnership with Greater Manchester Police, Probation and Housing Associations. 

Without bringing together partner agencies from private, statutory, and other third sector organisations it is unlikely that this project would enjoy the success it does. 

_**“The support I’ve had from the Broughton Trust has been more than I could have asked for since coming out!**_ 

_**I couldn’t believe that someone would turn up on a Saturday and help advise me about the different levels of training available.**_ 

_**It also helped so much having him take me to the job because at first, I wasn’t confident about going into work. Having help with buying food and travel was great as the job centres could not help in this respect.**_ 

_**I was also helped to get a job which I love. Graham and Terry have been brilliant, and they are available anytime if I needed help! I’m thankful for the way I have been treated and shown that there is a different option to being in prison.**_ 

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## The Broughton Trust 

## Management committee’s annual report 

## for the year ended 31[st] March 2022 

_**The support is the best I have ever had and even my probation officer was buzzing with how quickly I got a job whilst waiting to receive my HGV Class 1 License. It’s the HVG that has made me and my family proud of what I have achieved and what is ahead for me and my future.**_ 

_**I know I can now get a really good wage for Driving HGV Class 1, and this is a new future for me and my family”.**_ 

## **Case Study 2: Learning** 

The client who is in his late 20’s, has mental health and chronic health conditions. He suffers with Asperger’s, Autism, Epilepsy and Klinefelter Syndrome. All these conditions have a huge impact on his day-to-day life and result in not only physical problems but emotional and wellbeing issues. 

When he first engaged with the project, he was very withdrawn, very shy and a little defensive when being spoken to. He was very insecure meeting new people as he had been let down on many occasions in the past. 

He lives with his mother and younger brother and has been very dependent on his mother. The client has had issues in the past with gambling and as a result relies on his mother to budget his benefits accordingly. 

After discussions with him, he agreed to undertake a weekly Understanding Maths class, as he recognised the need to improve his basic maths skills, to further employment opportunities in his chosen career of carpentry. He had recently discovered a flair for woodworking and thought that maths would help with calculations and measurements. 

He faced many problems, health conditions preventing him from attending the sessions. We spoke with him and asked if he needed any additional support that would help him, because it was apparent when he missed any of the sessions it upset him, we wanted to know how we could help to make attending the sessions easier and we agreed to some online learning and additional one to one session.  He only used the online learning on one occasion as just having the option made him feel more supported. We also addressed the environment in the areas of the building he would be using, the lighting in the rooms and a sensor that flashed was turned off to protect the client. 

Lack of confidence, extreme shyness and being introverted made it very difficult for the client to form friendships, realise potential and achieve any of his goals in fact his mental health and his insecurities were crippling for him. 

A dedicated worker was assigned to engage and support on a one-to-one basis and explore areas in his life that needed to be developed positively. 

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## The Broughton Trust 

## Management committee’s annual report 

## for the year ended 31[st] March 2022 

As a result of spending quality time with him, listening to and understanding the barriers he faced, an action plan was agreed. Through praise, encouragement, and motivation his confidence has grown he has started to focus on what he could do and is now talking about his future with excitement. He has decided that his disabilities are no longer going to hold him back, with a plan he is moving forward at a safe pace that will allow him to reach his full potential. 

He was referred to one of our partners for a drop-in session including woodworking workshops, he is extremely excited about this as he is skilled, gifted and has a passion for woodworking and carpentry. He has also indicated that one day he would like to have his own carpentry business making bespoke pieces. 

He has grown in confidence and has taken some positive steps to make changes in his life. Since engaging with him he has made enquiries about living in a supported housing scheme which will be a step towards living independently. This is a massive change for the client, as he has been so reliant and dependent on his mother all his life. Recognising that he is now an adult and that his mother may not always be able to support him has prompted him to plan his future. This has been so inspiring to watch and see the client not only grow in confidence, but to see him realise his self-worth and watch him working towards his ideal self has been remarkable. 

He has been signposted on for further courses starting in September with budgeting and has been discussing qualifications and apprenticeships in carpentry. 

He also recognised that outside of his family he has no friends, this has been a very difficult realisation for him, but he is very keen to start new friendships and make lasting connections, he has been referred to a local friendship group and is also hoping to join a local walking group to meet new people. 

Having the opportunity to spend one to one time with this client has been invaluable, completing the pathway star has empowered him and allowed us to design a tailored plan to suit the client’s needs, he embraced the opportunity to talk about things he wants to change in his life. He is positive, confident, and optimistic. He wants to be independent, happy, and successful. 


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## The Broughton Trust 

## Management committee’s annual report 

## for the year ended 31[st] March 2022 

Collaborating with our partners has led to more successful and positive outcomes for the client, partnership working has proven vital as it has allowed a wider range of support to be offered and several areas that needed developing to be addressed and resolved. 

_**“Natalie helped me discover and find things that I need help with. She has made everything a lot easier as I would struggle otherwise.**_ 

_**I am more than ecstatic with the service she has provided, and I hold her in high regard because of it.**_ 

_**Other than the above comments I have nothing else to comment on, however I would like to say thank you.”**_ 


## **Case Study 3: (hidden young person)** 

This Candidate is very motivated and confident and is always willing to learn and help others when he can, he came to the Trust as he wanted to gain a CSCS card and knew we could help. He has been in care since he was a young child and has had some hard and challenging times being in different care homes and different school. He now has his own flat and wants to find work in construction. As a result of Gubay funding we were able to give him the extra help he needed. 

The challenge he faced was not getting full time work, he had only ever manged to get bits of work nothing that allowed him to plan for his future. He needed something more stable and permanent. His inability to find a full-time job affected him massively, not least in his ability to meet his financial commitments, food, rent services, gas, electric, all of which left him with very little to live on. Since being on our programme, supported by Gubay, we were able to finance his progression, allowing him to be booked on to a CSCS course. 

Since being on the Gubay programme he started attending a CSCS course, he has gained his health and safety level 1 in construction and he has now passed the CSCS operative touchscreen test and has got a 5year CSCS card, this has really boosted his self-esteem, confidence and has motivated him to now see himself someone with a future. 

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## The Broughton Trust 

## Management committee’s annual report 

## for the year ended 31[st] March 2022 

As a result of the support he now has more options open to him in the employment market. As a result of the Gubay programme the extra support it affords individuals really made a difference to a person, Because of the extra support that difference manifests itself in the way the individual starts to trust the mentor to help them achieve their chosen outcome and goals, after many false starts. 

The organisation’s that we work in partnership with, to achieve the CSCS card, help us by being flexible and accommodating to some of our clients’ needs, based on their past experiences. We work with lots of organisations and encourage all our beneficiaries to work with them. However, with this cohort it is not always what the person wants as they are suspicious of lots of organisations. This person worked with us and was happy not to engage with others that we thought may have benefited him. As it turns out this was not a hindrance to him as he has progressed and is now in work. 

_**“This programme has really helped to make changes to my life. I am more confident about my future and my ability to be independent, and I really appreciate the help, thank you.”**_ 

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## The Broughton Trust 

## Management committee’s annual report 

for the year ended 31[st] March 2022 

## **Financial review 22-23** 

**The Broughton Trust** Statement of Financial Activities (including Income and Expenditure account) for the year ended 31 March 2023 

|**Income From:**<br>**Donations and Legacies**<br>**Charitable Activities**<br>**Other Income**<br>**Total Income**<br>**Expenditure on:**<br>**Charitable activities**<br>**Total expenditure**<br>**Net Income/  (expenditure) for**<br>**the year**<br>**Transfer between funds**<br>**Net Movement in funds for the**<br>**year**<br>**Reconciliation of funds**<br>**Total Funds brought forward**<br>**Total funds carried forward**|**Unrestricted**<br>**Funds**<br>**Restricted**<br>**Funds**<br>**Total**<br>**Funds**<br>**2023**<br>**Total**<br>**Funds**<br>**2022**<br>£<br>£<br>£<br>£<br>5,204<br>5,204<br>81,707<br>330,463<br>121,433<br>451,896<br>282,653<br>**335,667**<br>**121,433**<br>**457,100**<br>**364,360**|
|---|---|
||358,394<br>99,705<br>458,099<br>432,623<br>358,394<br>99,705<br>458,099<br>432,623|
||**(22,727)**<br>**21,728**<br>**(999)**<br>**(68,263)**<br>14,470<br>(14,470)<br>**-**<br>-<br>**(8,257)**<br>**7,258**<br>**(999)**<br>**(68,263)**<br>130,398<br>38,322<br>168,720<br>236,983<br>**122,141**<br>**45,580**<br>**167,721**<br>**168,720**|



The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 

## **D Crowcroft September 2023** 

The Broughton Trust is a Company Limited by Guarantee, Registered in England and Wales No 3900840, Registered Charity No 1089038 

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## The Broughton Trust 

## Management committee’s annual report 

## for the year ended 31[st] March 2022 

As you can see from the Financial Statement Trust income decreased on the previous year. However, there is still a lot of uncertainty within the third sector around long term funding and where the third sector sits as a provider arm. This position has been compounded by the pandemic and many uncoordinated and knee jerk reactions to dealing with it in a sustainable coherent manner, via funders. There is still concern as to how the Greater Manchester Combined Authority are going to engage meaningfully with the third sector and fund via it. On a more positive note, the Trust has weathered 2022/23 well and has managed to hold onto its staff and maintain its offers. 

## **Reserves policy** 

It is the Trust's stated policy to have at least 3 months running costs. This includes any potential redundancy payments (circa **£50K** ). The un-restricted reserves as at 31st March 2023 are **£122,141** of this amount fixed assets are **£61,340** . 

Like many small/medium charities the Trust finds grant funding a cyclical challenge. The next year will be more challenging. We believe as a board that the management of the Trust, are up to that challenge and will navigate the organisation through another testing year. 

## **Plans for the future:** 

I have no doubt the organisation’s staff will meet the challenges that face the Trust over the next year and beyond, with the can-do attitude which is their culture. The Trust has seen again an increase in demand for its services and met them. The uncertainty around long term funding is still a major concern. If the Trust is to get back into a growth position, then it must attract either new funding streams, look to increasing its offer in other areas of delivery and find funding to develop a business arm to create income to cover the reductions in funding that we have experienced. 

Options being reviewed are, joining the Greater Manchester Combined Authorities AEB framework, looking to be Ofsted registered and moving into directly commissioned work with some of the larger contract holders. 

Attracting corporate donors or sponsors to alleviate the core costs of the Trust which are not funded but necessary for the running of the organisation, building and projects. 

## **Overview:** 

The Trust has performed well this year given that there are still issues around confidence and engagement in communities. I believe the organisation has given excellent value for money to all its funders and service users. As you review the projects and what has been achieved/delivered it is apparent that the main assets of the Trust are its name, as an honest broker and the Staff that have created it. Their Commitment, Professionalism, Skills, and Knowledge have maintained the organisation and culture that is synonymous with quality, support, empathy, and commitment to deliver, in an atmosphere of incredible uncertainty. This attitude to engage and move people on is manifest throughout all the projects and has maintained the Trusts position as a forward-facing organisation that leads through results in all its areas of expertise. 

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## The Broughton Trust 

## Management committee’s annual report 

for the year ended 31[st] March 2022 

## **Structure, governance and management:** 

The organisation is a charitable company limited by guarantee, incorporated 7th September 2001. The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association. 

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The Management Committee are members of the charity, but this entitles them only to voting rights. The Management Committee have no beneficial interest in the charity. All Management Committee members give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note ten of the accounts. 

Trustee Selection Methods: Members of the Trust elect the Management Committee at the AGM. There are two parts to the committee: places for eight members resident in the area, and places for seven member organisations operating in the area of benefit. Where an organisation is elected, they appoint a named individual as the trustee. Committee members may be elected for up to 2 years, and then may stand for re-election. The officers are elected annually from the Committee. 

Induction and Training of Trustees: New trustees are given information about the duties and responsibilities of trustees and directors, Objectives and work of the Trust, its procedures, and structures. Trustees have accessed training offered through local providers. 

## **Organisational Structure** : 

The committee meets four times each year and is the decision-making body for the Trust. There are currently four sub-committees appointed by the Management Committee which consider issues in depth and make recommendations to the Committee for decision. The first two subcommittees below (Finance and Strategy and Staffing) also meet four times a year. The other two (Governance and funding/sustainability) meet as and when required. Breakdown of sub committees below: 

**Finance and strategy sub-committee** : the remit of this group is to: **(a)** Monitor accounts and approve budgets. **(b)** Approve spending within limits stated in the financial policy. **(c)** Award contracts, appoint consultants, approve list of suppliers, consider/agree of leases. Funding proposals. **(d)** Monitor reports to funders. Consider all proposals for development that will affect or influence the running of The Broughton Trust & its projects; make recommendations to the Board. **(e)** Initiate strategy for the organisation, covering finance and development. 

**Staffing sub-committee:** the remit of this group is to **(a)** Monitor the Trust's employment policies and Procedure **(b)** Approve Job specifications for new posts & review job specifications for existing posts, **(c)** Review and consider the implications of changes in employment legislation and make recommendations to the Board on a necessary action, **(d)** Monitor the health & safety policies and procedures. To be the first point of contact for a disciplinary & grievance matter. To be involved in & oversee the recruitment & selection of staff. To initiate employment policies & procedures as appropriate. 

**Funding/Sustainability** : the remit is to co-ordinate funding bids across the organisation; using the skills that exist within the Board and the project teams, source funding from as wide a funding source a Governance Sub-group: the remit of this group is to ensure that all governance policies, documentation are all up to date and available for view and includes. That a review mechanism is in place and the board is updated at regular intervals on any changes to any policies that may be needed by the organisation or required by legislation. 

16 



## The Broughton Trust 

## Management committee’s annual report 

## for the year ended 31[st] March 2022 

## **Management structure:** 

Chief Officer - **Mike Thorpe** 

Deputy Chief Officer, HR and Finance/Company Secretary- **Diane Crowcroft** 

Learning Manager - **Marie Carroll** 

Youth Manager – **Dave Mayers** 

Jobs not Prison Manager – **Graham Cooper** 

## **Related parties and relationships with other organisations:** 

The Trust collaborated with numerous partners throughout the year to deliver or support projects: 

Pro-Cure Plus, Salford CVS, Salford City College, Salford IAG Networking Group, Salford NEET Design Group, Helping Families initiative, Building Better Opportunities Project, GMCVO Registered Social Landlords, Local Employers, DWP, Environment Agency, Salford Credit Union, Salford CAB, Salford City Council, Careers connect (Connexions), Salford University, Albert's of Salford Youth Club, All Salford Junior Schools Greater Manchester police, Training Brokers, Salford work Club network, Salford Foundation, Loaves and Fishes, Ground Work and Mustard Tree. 

## **Remuneration policy for key management personnel:** 

All management committee give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note ten to the accounts. 

Remuneration policy for key management personnel: The finance sub-committee decide whether to increase the salaries of key management Personnel based on their performance during the year. When a decision has been made, it is then forwarded to the full board for discussion and agreed on or not. 

**Process:** The Chief Officer proposes and submits an application for the deputy chief Officer to the finance and strategy subgroup. If agreed the paper is forwarded to the full board for ratification. The Chairperson proposes and submits an application for the Chief Officer's increase to the Finance and Strategy subgroup. If agreed the paper is forwarded to the full board for ratification. The Chairperson proposes and submits an application for the Chief Officer's increase to the Finance and Strategy sub group. If agreed the paper is forwarded to the full board for ratification. 

## **Risk management:** 

If there are any issues/Governance issues, these are discussed within the project managers meetings (Monthly). The governance of the organisation is the responsibility of the Trustee's they receive an update of the projects and the finance projections at each Board meeting (quarterly) via the Deputy Chief Officer. In the event of any issues around governance a group of four members from the Board of Trustees is convened set against their skills set on a Skills Audit Matrix. If there are any changes to the employment Law or changes in requirements from Companies house or the Charity Commission, they are circulated to the board and discussed at the meetings. 

17 



## The Broughton Trust 

## Management committee’s annual report 

## for the year ended 31[st] March 2022 

Apart from the full board the Trust also has a Finance and Strategy Sub and Staffing Subgroup both of which meet prior to the board meeting and their minutes are circulated for discussion at the board meeting. All Trustees on joining the board are given a Trustee's Handbook which explains the structure of the Trust and roles and responsibilities therein. The Trusts works on a fiscal year and our accounts Major risks to the organisation are considered at each Board meeting. The Trustees/Directors are presented with an up-to-date balance sheet, updated on the projects and what bids we are submitting. It is not easy to manage risk in an organisation that exists on funding streams which are under ever increasing pressure. We believe that the processes and how we communicate across the organisation is sufficient to mitigate against major risks but sufficient to prevent financial collapse. 

## **Funds held as custodian trustee on behalf of others:** 

We hold no monies on behalf of other organisations. 

## **Statement of responsibilities of the trustees** 

The trustees (who are also directors of The Broughton Trust for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

Company law requires the trustees to prepare financial statements for each fiscal year which give a true and fair view of the situation 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 these financial statements, the trustees are required to: 

- Select suitable accounting policies and then apply them consistently. 

- Observe the methods and principles in the Charities SORP. 

- Make judgements and estimates that are reasonable and prudent. 

- State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements. 

- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime of the Companies Act 2006. 

18 



The Broughton Trust 

## Management committee’s annual report 

for the year ended 31[st] March 2022 

Approved by the trustees on ___/___/____ and signed on their behalf by: 

Amanda Bickerton (Chair) 


**ESOL Class** 


**Talk English Café’s** 

**Christmas Jumper Day** 

**at the Broughton Trust** 


19 



## The Broughton Trust 

## Management committee’s annual report 

for the year ended 31[st] March 2022 

|**Core Staff**|**Core Staff**|
|---|---|
|**Mike Thorpe**|**Chief Officer**|
|**Diane Crowcroft**|**Deputy Chief Officer/HR**|
|**Diane Riley**|**Finance Officer**|
|**Trevor Horton**|**Finance Officer**|
|**Elaine Jones**|**Customer Service and Quality**<br>**Officer**|
|||
|**Learning**||
|**Marie Carroll**|**Manager**|
|**Jackie Roche**|**Learning and Development**<br>**Officer**|
|**Anita Coward**|**Learning and Development**<br>**Officer**|
|**Natalie Priestley**|**Learning and Development**<br>**Officer**|
|**Kate Sacks**|**Administrator**|
|**Chantelle Curran**|**Administrator**|
|||
|**Young People and NEETS**||
|**Dave Mayers**|**Manager**|
|**Dean Hughes**|**Youth Mentor**|
|**Keri Muldoon**|**Youth Mentor**|
|||
|**Jobs not Prison**||
|**Graham Cooper**|**Manager**|
|**Terry Poyser**|**Mentor**|
|||



|**Dave Mayers**||**Manager**|
|---|---|---|
|**Dean Hughes**||**Youth Mentor**|
|**Keri Muldoon**||**Youth Mentor**|
||||
||**Jobs not Prison**||
|**Graham Cooper**||**Manager**|
|**Terry Poyser**||**Mentor**|
||||



20 



The Broughton Trust 

Management committee’s annual report 

for the year ended 31[st] March 2022 

## **Contact us on:** 

**The Broughton Trust Humphrey Booth Centre Heath Avenue Salford M7 1NY** 

**Telephone: 0161 831 9807** 

## **Email: office@thebroughtontrust.org.uk** 

**Website: www.thebroughtontrust** 

**Facebook: The Broughton Trust** 

21 



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22

Independent examiner’s report 

## to the trustees of 

## The Broughton Trust 

I report to the charity trustees on my examination of the accounts of the company for the year ended 31[st] March 2023 which are set out on pages 24 to 49. 

## **Responsibilities and basis of report** 

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). 

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 company’s 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(5)(b) of the 2011 Act. 

## **Independent examiner's statement** 

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

**1.** accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 

**2.** the accounts do not accord with those records; or 

**3.** the accounts do not comply with 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. 

Catherine Hall FCCA DChA 

Slade & Cooper Limited Beehive Lofts, Jersey Street Manchester, M4 6JG Date ___/___/______ 

23 



## The Broughton Trust 

## Statement of Financial Activities (including Income and Expenditure account) 

for the year ended 31 March 2023 

|Unrestricted<br>funds<br>Note<br>£<br>**Income from:**<br>Donations and legacies<br>3<br>5,204<br>Charitable activities:<br>4<br>330,463<br>**Total income**<br>**335,667**<br>**Expenditure on:**<br>Charitable activities:<br>5<br>358,394<br>**Total expenditure**<br>**358,394**<br>7<br>**(22,727)**<br>Transfer between funds<br>14,470<br>**Net movement in funds for the year**<br>**(8,257)**<br>**Reconciliation of funds**<br>Total funds brought forward<br>130,398<br>**Total funds carried forward**<br>**122,141**<br>**Net income/(expenditure) for the**<br>**year**|Restricted<br>funds<br>£<br>-<br>121,433<br>**121,433**<br>99,705<br>**99,705**<br>**21,728**<br>(14,470)<br>**7,258**<br>38,322<br>**45,580**|Total funds<br>2023<br>£<br>5,204<br>451,896<br>**457,100**<br>458,099<br>**458,099**<br>**(999)**<br>-<br>**(999)**<br>168,720<br>**167,721**|Total funds<br>2022<br>£<br>81,707<br>282,653|
|---|---|---|---|
||||**364,360**|
||||432,623|
||||**432,623**|
||||**(68,263)**<br>-|
||||**(68,263)**<br>236,983|
||||**168,720**|



The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. Prior year SOFA is shown on the last page. 

24 



## The Broughton Trust Company number 3900840 

## Balance sheet as at 31 March 2023 

|Note<br>£<br>£<br>**Fixed assets**<br>Tangible assets<br>11<br>61,340<br>**Total fixed assets**<br>**61,340**<br>**Current assets**<br>Debtors<br>12<br>70,811<br>Cash at bank and in hand<br>13<br>171,065<br>**Total current assets**<br>**241,876**<br>**Liabilities**<br>Creditors: amounts falling<br>due in less than one year<br>14<br>(130,377)<br>**Net current assets**<br>**111,499**<br>**Total assets less current liabilities**<br>172,839<br>Creditors: amounts falling<br>due after more than one year<br>15<br>(5,118)<br>**Net assets**<br>**167,721**<br>**The funds of the charity:**<br>Restricted income funds<br>16<br>45,580<br>Unrestricted income funds<br>17<br>122,141<br>**Total charity funds**<br>**167,721**<br>2023|£<br>£<br>68,996<br>**68,996**<br>74,924<br>121,445<br>**196,369**<br>(90,527)<br>**105,842**<br>174,838<br>(6,118)<br>**168,720**<br>38,322<br>130,398<br>**168,720**<br>2022|£<br>£<br>68,996<br>**68,996**<br>74,924<br>121,445<br>**196,369**<br>(90,527)<br>**105,842**<br>174,838<br>(6,118)<br>**168,720**<br>38,322<br>130,398<br>**168,720**<br>2022|
|---|---|---|
|||**68,996**<br>**105,842**|
|||174,838<br>(6,118)|
|||**168,720**|
|||38,322<br>130,398|
|||**168,720**|



For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies. Directors' responsibilities: 

The members have not required the company to obtain an audit of its accounts for the year in 

- question in accordance with section 476, 

- The directors acknowledge their responsibilities for complying with the requirements of the Act with 

- • respect to accounting records and the preparation of accounts. 

- These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company. 

The notes on pages 27 to 49 form part of these accounts. 

Approved by the trustees on ___/___/______ and signed on their behalf by: 

Amanda Bickerton (Chair of Trustees) 

25 



## The Broughton Trust 

## Statement of Cash Flows for the year ending 31 March 2023 

|Note<br>2023<br>£<br>**Cash provided by/(used in) operating activities**<br>21<br>**50,620**<br>_Cash flows from investing activities:_<br>Purchase of tangible fixed assets<br>-<br>**Cash provided by/(used in) investing activities**<br>**-**<br>_Cash flows from financing activities:_<br>Repayment of borrowing<br>(1,000)<br>Cash inflows from new borrowing<br>-<br>**Cash provided by/(used in) financing activities**<br>**(1,000)**<br>49,620<br>Cash and cash equivalents at the beginning of the year<br>121,445<br>**Cash and cash equivalents at the end of the year**<br>**171,065**<br>Increase/(decrease) in cash and cash<br>equivalents in the year|2022<br>£<br>**(47,728)**|
|---|---|
||-|
||**-**|
||(1,000)<br>-|
||**(1,000)**|
||(48,728)<br>170,173|
||**121,445**|



26 



The Broughton Trust 

Notes to the accounts for the year ended 31 March 2023 

## **1 Accounting policies** 

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows: 

## **a 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), second edition - October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 and UK Generally Accepted Accounting Practice. 

The Broughton Trust meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. 

## **b Preparation of the accounts on a going concern basis** 

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern as at 31st March 2023. 

Although there were concerns earlier in the year further funding was secured and as such the projects are in themselves financially secure. There will a need to seek further funding for the NEETs programme from September 2023 going forward. 

There is a concerted effort from the Trust board by creating a funding Strategy group for them to engage with the senior management team to develop a strategy around securing core funding which for most charities is a major problem. This will be centred on corporate sponsorship and donations. 

The Trust as with many charitable organisations faced potential financial hardship over many years, However, like in the past we believe that coupled to our existing funding streams the Trust will not be in danger of not surviving this financial year. As a board we feel confident that the management team of the Trust are up for the challenge as is the board of Trustees 

27 



The Broughton Trust 

Notes to the accounts for the year ended 31 March 2023 (continued) 

## **c Income** 

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably. 

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. 

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material. 

Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met. 

## **d Donated services and facilities** 

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised; refer to the trustees’ annual report for more information about their contribution. 

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt. 

## **e Interest receivable** 

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank. 

## **f Fund accounting** 

Unrestricted funds are available to spend on activities that further any of the purposes of charity. 

Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. 

Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity. 

28 



The Broughton Trust 

Notes to the accounts for the year ended 31 March 2023 (continued) 

## **g Expenditure and irrecoverable VAT** 

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings: 

   - Expenditure on charitable activities undertaken to further the purposes of the charity and their associated support costs. 

- Other expenditure represents those items not falling into any other heading. 

- Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. 

## **h Allocation of support costs** 

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity's programmes and activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. The bases on which support costs have been allocated are set out in note 7. 

## **i Operating leases** 

Operating leases are leases in which the title to the assets, and the risks and rewards of ownership, remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease. 

## **j Tangible fixed assets** 

Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows: 

Refurbishment 4% Office fixtures and equipment 25% Computer equipment 33% 

## **k Debtors** 

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 

## **l Cash at bank and in hand** 

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 

## **m Creditors and provisions** 

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. 

29 



The Broughton Trust 

Notes to the accounts for the year ended 31 March 2023 (continued) 

## **n Financial instruments** 

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 

## **o Pensions** 

Employees of the charity are entitled to join a defined contribution ‘money purchase’ scheme. The charity’s contribution is unrestricted except that it should not exceed the monthly salary. There were no outstanding contributions at the year end. The costs of the defined contribution scheme are included within support and governance costs and allocated to the funds of the charity using the methodology set out in note 7. 

The money purchase plan is managed by Clerical Medical Plc and the plan invests the contributions made by the employee and employer in an investment fund to build up over the term of the plan a pension fund which is then converted into a pension upon the employee’s normal retirement year age when eligible for a state pension. The total expense ratio of the plan is 0.5% and this is deducted from the investment fund annually. The trust has no liability beyond making its contributions and paying across the deductions for the employee’s contributions. There were no contributions outstanding at the year-end. 

## **p Redundancy / termination payments** 

Redundancy payments are amounts payable as a result of a decision by the charity to terminate an employee's employment before the normal retirement date or an employee's decision to accept voluntary redundancy and are charged on an accruals basis when the charity is demonstrably committed to the termination of the employment of an employee or making an offer to encourage voluntary redundancy. There were no outstanding payments at year end. 

## **2 Legal status of the charity** 

The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office address is disclosed on page 1. 

30 



The Broughton Trust 

## Notes to the accounts for the year ended 31 March 2023 (continued) 

## **3 Income from donations and legacies** 

|**Current reporting period**<br>Donations<br>**Total**<br>**_Previous reporting period_**<br>_Government furlough grant_<br>**_Total_**|Unrestricted<br>£<br>5,204<br>5,204<br>_Unrestricted_<br>_£_<br>_81,707_<br>_81,707_|Restricted<br>£<br>-<br>-<br>_Restricted_<br>_£_<br>_-_<br>_-_|Total 2023<br>£<br>5,204|
|---|---|---|---|
||||5,204|
||||_Total 2022_<br>_£_<br>_81,707_|
||||_81,707_|



31 



## The Broughton Trust 

## Notes to the accounts for the year ended 31 March 2023 (continued) 

## **4 Income from charitable activities** 

|**Current reporting period**<br>**Core Projects**<br>Grants<br>INGEUS<br>Job Club<br>Seddon Contractors<br>Other core grants<br>Fees<br>Other income<br>Subtotal for Core Projects<br>**Youth**<br>Grants<br>GMCVO<br>Salford City Council<br>Trafford Housing Trust<br>Subtotal for YPS<br>**Learning in Broughton**<br>Grants<br>Little Pot of Health<br>Salford City Council<br>Salford CVS<br>Fees<br>**Total**<br>Subtotal for Sustainable Communities|Unrestricted<br>£<br>130,025<br>1,824<br>5,000<br>5,000<br>30,703<br>2,363<br>174,915<br>17,376<br>-<br>-<br>17,376<br>-<br>42,440<br>-<br>95,732<br>138,172<br>330,463|Restricted<br>£<br>-<br>-<br>-<br>-<br>-<br>20<br>20<br>-<br>44,751<br>44,642<br>89,393<br>7,020<br>-<br>25,000<br>-<br>32,020<br>121,433|Total 2023<br>£<br>130,025<br>1,824<br>5,000<br>5,000<br>30,703<br>2,383|
|---|---|---|---|
||||174,935<br>17,376<br>44,751<br>44,642|
||||106,769<br>7,020<br>42,440<br>25,000<br>95,732|
||||170,192|
||||451,896|



32 



## The Broughton Trust 

## Notes to the accounts for the year ended 31 March 2023 (continued) 

## _**4 Income from charitable activities (continued)**_ 

|**_Previous reporting period_**<br>**_Core Projects_**<br>_Grants_<br>_Job Club_<br>_WEA/ESF_<br>_Seddon Contractors_<br>_INGEUS_<br>_Fees_<br>_Other income_<br>_Subtotal for Core Projects_<br>**_Youth_**<br>_Grants_<br>_Salford City Council_<br>_Salford CVS_<br>_GMCVO_<br>_Fees_<br>_Other income_<br>_Subtotal for Youth_<br>**_Learning in Broughton_**<br>_Grants_<br>_LCH_<br>_Little Pot of Health_<br>_The Training Brokers_<br>**_Total_**<br>_Subtotal for Sustainable Communities_|_Unrestricted_<br>_£_<br>_10,000_<br>_-_<br>_5,000_<br>_25,629_<br>_136,066_<br>_548_<br>_177,243_<br>_-_<br>_10,000_<br>_15,716_<br>_23,671_<br>_-_<br>_49,387_<br>_-_<br>_-_<br>_-_<br>_-_<br>_226,630_|_Restricted_<br>_£_<br>_-_<br>_13,015_<br>_-_<br>_-_<br>_-_<br>_-_<br>_13,015_<br>_22,000_<br>_-_<br>_-_<br>_-_<br>_328_<br>_22,328_<br>_3,000_<br>_4,158_<br>_13,522_<br>_20,680_<br>_56,023_|_Total 2022_<br>_£_<br>_10,000_<br>_13,015_<br>_5,000_<br>_25,629_<br>_136,066_<br>_548_|
|---|---|---|---|
||||_190,258_<br>_22,000_<br>_10,000_<br>_15,716_<br>_23,671_<br>_328_|
||||_71,715_<br>_3,000_<br>_4,158_<br>_13,522_|
||||_20,680_|
||||_282,653_|



33 



## The Broughton Trust 

## Notes to the accounts for the year ended 31 March 2023 (continued) 

## **5 Analysis of expenditure on charitable activities** 

|**Current Reporting Period**<br>Staff costs<br>Direct events<br>and activities<br>Administrative<br>costs<br>Premises costs<br>Restricted expenditure<br>Unrestricted expenditure<br>Governance costs<br>Support costs<br>**Total**|Core<br>Projects<br>£<br>158,126<br>27,772<br>34,853<br>8,396<br>(8,093)<br>(17,355)<br>203,699|YPS Project<br>£<br>45,015<br>6,756<br>905<br>1,832<br>5,468<br>7,440<br>67,416|Learning in<br>Broughton<br>£<br>114,205<br>47,014<br>3,521<br>5,038<br>7,291<br>9,915<br>186,984|Total 2023<br>£<br>317,346<br>81,542<br>39,279<br>15,266<br>4,666<br>-|
|---|---|---|---|---|
|||||458,099|
|||||2023<br>£<br>99,705<br>358,394|
|||||458,099|



34 



## The Broughton Trust 

## Notes to the accounts for the year ended 31 March 2023 (continued) 

## **5 Analysis of expenditure on charitable activities (continued)** 

|**_Previous Reporting Period_**<br>_Staff costs_<br>_Direct events_<br>_and activities_<br>_Administrative_<br>_costs_<br>_Premises costs_<br>_Restricted expenditure_<br>_Unrestricted expenditure_<br>_Governance costs_<br>_Support costs_<br>**_Total_**|_Core_<br>_Projects_<br>_£_<br>_115,353_<br>_43,514_<br>_28,999_<br>_4,985_<br>_(17,148)_<br>_(24,970)_<br>_150,733_|_Learning_<br>_in_<br>_Broughton_<br>_£_<br>_60,660_<br>_4,423_<br>_2,231_<br>_3,115_<br>_8,233_<br>_9,988_<br>_88,650_|_YPS Project_<br>_£_<br>_125,197_<br>_29,343_<br>_6,935_<br>_4,362_<br>_12,421_<br>_14,982_<br>_193,240_|_Total 2022_<br>_£_<br>_301,210_<br>_77,280_<br>_38,165_<br>_12,462_<br>_3,506_<br>_-_|
|---|---|---|---|---|
|||||_432,623_|
|||||_2022_<br>_£_<br>_58,855_<br>_373,769_|
|||||_432,624_|



35 



## The Broughton Trust 

## Notes to the accounts for the year ended 31 March 2023 (continued) 

## **6 Analysis of governance and support costs** 

|**Current reporting period**<br>Basis of<br>apportionment<br>Core line management<br>staff<br>Premises costs<br>floor area<br>AGM Costs<br>Governance<br>Governance<br>Legal and professional<br>Governance<br>**_Previous reporting period_**<br>_Basis of_<br>_apportionment_<br>_Core line management_<br>_staff_<br>_Direct events and activities_<br>_staff_<br>_Premises costs_<br>_floor area_<br>_AGM Costs_<br>_Governance_<br>_Governance_<br>_Legal and professional_<br>_Governance_<br>**7**<br>**Net income/(expenditure) for the year**<br>This is stated after charging/(crediting):<br>Depreciation<br>Interest payable<br>Operating lease rentals:<br>Property<br>Other<br>IE's remuneration - accountancy fees<br>Independent examination and<br>accountancy<br>_Independent examination and_<br>_accountancy_<br>Independent examiner's fee|Support<br>£<br>24,789<br>15,266<br>-<br>-<br>-<br>40,055<br>_Support_<br>_£_<br>_24,970_<br>_600_<br>_12,462_<br>_-_<br>_-_<br>_-_<br>_38,032_<br>2023<br>£<br>7,656<br>1,300<br>100<br>2,719<br>2,095<br>440|Governance<br>£<br>18,228<br>-<br>152<br>2,535<br>1,979<br>22,894<br>_Governance_<br>_£_<br>_18,770_<br>_-_<br>_-_<br>_568_<br>_2,898_<br>_40_<br>_22,276_<br>2022<br>£<br>7,655<br>1,300<br>100<br>1,061<br>1,995<br>420|Total 2023<br>£<br>43,017<br>15,266<br>152<br>2,535<br>1,979|
|---|---|---|---|
||||62,949|
||||_Total 2022_<br>_£_<br>_43,740_<br>_600_<br>_12,462_<br>_568_<br>_2,898_<br>_40_|
||||_60,308_|
|||||



36 



The Broughton Trust 

Notes to the accounts for the year ended 31 March 2023 (continued) 

## **8 Staff costs** 

Staff costs during the year were as follows: 

|aff costs during the year were as follows:|||
|---|---|---|
|Wages and salaries<br>Social security costs<br>Pension costs<br>**Allocated as follows:**<br>Charitable activities<br>Support costs<br>Governance costs|2023<br>£<br>289,732<br>18,369<br>9,245<br>317,346<br>274,329<br>24,789<br>18,228<br>317,346|2022<br>£<br>274,540<br>17,784<br>8,886|
|||301,210|
|||257,470<br>24,970<br>18,770|
|||301,210|



No employees has employee benefits in excess of £60,000 (2022: Nil). 

The average number of staff employed during the period was 16 (2022: 15). The average full time equivalent number of staff employed during the period was 11 (2022: 11). 

The key management personnel of the charity comprise the trustees and the Chief Executive Officer. The total employee benefits of the key management personnel of the charity were £76,142 (2022: £77,592). 

37 



The Broughton Trust 

Notes to the accounts for the year ended 31 March 2023 (continued) 

## **9 Trustee remuneration and expenses, and related party transactions** 

Neither the management committee nor any persons connected with them received any remuneration or reimbursed expenses during the year (2022: Nil). 

No (2022: Nil) members of the management committee received travel and subsistence expenses during the year of £Nil (2022:£nil). 

Aggregate donations from related parties were £Nil (2022: £Nil). 

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties. 

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2022: nil). 

Salix Homes have a representative on the Board, Jackie Crook. In March 2023, £2,000 received from Salix Homes Ltd - who are corporate directors - for community fund allocation on 16/12/2022 (2022: £4,824) . 

Onward Homes are corporate directors who have a representative on the Board. During this year, this consisted of Charlotte Mullen until 31 December 2022 followed by Emma Needham. £2,500 was received on 25/01/2023 for community funding allocation (2022: £2,000). 

Starcliff Limited have a representative on the Board, Bob Chorley, and £1,954 was received from Starcliff in the year for work undertaken on Starcliff accounts (2022: £nil). 

## **10 Corporation tax** 

The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity. 

38 



## The Broughton Trust 

## Notes to the accounts for the year ended 31 March 2023 (continued) 

|**11**<br>**Fixed assets: tangible assets**<br>Leasehold<br>improvements<br>**Cost**<br>£<br>103,946<br>Additions<br>-<br>Disposals<br>-<br>103,946<br>**Depreciation**<br>38,972<br>Charge for the year<br>4,834<br>Disposals<br>-<br>43,806<br>**Net book value**<br>60,140<br>64,974<br>**12**<br>**Debtors**<br>Accrued Income<br>Trade debtors<br>Other debtors<br>Prepayments and accrued income<br>At 31 March 2023<br>At 31 March 2023<br>At 31 March 2023<br>At 1 April 2022<br>At 31 March 2022<br>At 1 April 2022|Office<br>equipment<br>£<br>8,764<br>-<br>-<br>8,764<br>6,364<br>1,200<br>-<br>7,564<br>1,200<br>2,400<br>2023<br>£<br>63,942<br>2,774<br>2,229<br>1,866<br>70,811|Computer<br>equipment<br>£<br>6,563<br>-<br>-<br>6,563<br>4,941<br>1,622<br>-<br>6,563<br>-<br>1,622<br>_2022_<br>_£_<br>_41,067_<br>_29,285_<br>_1,367_<br>_3,205_<br>_74,924_|£<br>119,273<br>-<br>-<br>Total|
|---|---|---|---|
||||119,273|
||||50,277<br>7,656<br>-|
||||57,933|
||||61,340|
||||68,996|
|||||



39 



The Broughton Trust 

## Notes to the accounts for the year ended 31 March 2023 (continued) 

## **13 Cash at bank and in hand** 

|**sh at bank and in hand**|||
|---|---|---|
|Cash at bank and on hand|2023<br>£<br>171,065<br>171,065|_2022_<br>_£_<br>_121,445_|
|||_121,445_|



**14 Creditors: amounts falling due within one year** 

|2023<br>£<br>Loans due in less than 1 year<br>53,000<br>Trade creditors<br>13,564<br>Short term compensated absences (holiday pay)<br>2,864<br>Accruals<br>23,893<br>Other creditors<br>1,434<br>Deferred income<br>30,714<br>Taxation and social security costs<br>4,908<br>130,377<br>**Creditors: amounts falling after more than one year**<br>2023<br>£<br>Loan 1<br>5,118<br>5,118<br>Repayable after more than 5 years by instalments<br>118<br>-<br>Repayable after more than 5 years other than by<br>instalments|_2022_<br>_£_<br>_53,000_<br>_10,189_<br>_-_<br>_20,460_<br>_563_<br>_824_<br>_5,491_|
|---|---|
||_90,527_|
||_2022_<br>_£_<br>_6,118_|
||_6,118_|
||_1,118_|
||-|



## **15 Creditors: amounts falling after more than one year** 

Loan 1 is from Salford City Council for £18,000 at zero interest repayable over 18 years. Approximately £118 of the loan is due after 5 years, the balance is due in less than 5 years. 

40 



## The Broughton Trust 

## Notes to the accounts for the year ended 31 March 2023 (continued) 

## **16 Analysis of movements in restricted funds** 

|**Core**<br>GET HELP<br>Jobs not Prison<br>Big Lottery<br>WEA/ESF Digital Skills<br>Salford Royal NHS<br>**Youth Projects**<br>GMCA<br>**Learning in Broughton**<br>Bridging the Gap<br>LCH<br>Little Pot of Health<br>Total<br>Trafford Housing Trust<br>Jobs Not Prison<br>Salford CVS - Albert<br>Gubay<br>**Current reporting**<br>**period**|Balance at<br>1 April<br>2022<br>£<br>5,248<br>12,432<br>-<br>3,954<br>1,695<br>23,329<br>1,330<br>-<br>1,330<br>13,522<br>-<br>141<br>-<br>13,663<br>38,322|Income<br>£<br>-<br>44,751<br>-<br>-<br>20<br>44,771<br>-<br>44,642<br>44,642<br>-<br>-<br>7,020<br>25,000<br>32,020<br>121,433|Expenditur<br>e<br>£<br>(1,570)<br>(20,672)<br>-<br>(3,954)<br>(1,715)<br>(27,911)<br>-<br>(39,876)<br>(39,876)<br>-<br>-<br>(7,543)<br>(24,375)<br>(31,918)<br>(99,705)|Transfers<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>(1,330)<br>(1,330)<br>(13,522)<br>-<br>382<br>-<br>(13,140)<br>(14,470)|Balance at<br>31 March<br>2023<br>£<br>3,678<br>36,511<br>-<br>-<br>-|
|---|---|---|---|---|---|
||||||40,189|
||||||-<br>4,766|
||||||4,766|
||||||-<br>-<br>-<br>625|
||||||625|
||||||45,580|



41 



The Broughton Trust 

## Notes to the accounts for the year ended 31 March 2023 (continued) 

## _**16 Analysis of movements in restricted funds (continued)**_ 

|**_Core_**<br>_GET HELP_<br>_Jobs not Prison_<br>_Big Lottery_<br>_WEA/ESF Digital Skills_<br>_Salford Royal NHS_<br>**_Youth Projects_**<br>_GMCA_<br>**_Learning in Broughton_**<br>_Bridging the Gap_<br>_LCH_<br>_Little Pot of Health_<br>_Green Quality Mark_<br>_Total_<br>**_Previous reporting_**<br>**_period_**|_Balance_<br>_at 1 April_<br>_2021_<br>_£_<br>_17,162_<br>_15,087_<br>_17_<br>_-_<br>_1,895_<br>_34,161_<br>_9,972_<br>_9,972_<br>_-_<br>_6,722_<br>_-_<br>_8,269_<br>_14,991_<br>_59,124_|_Income_<br>_£_<br>_-_<br>_22,328_<br>_-_<br>_13,015_<br>_-_<br>_35,343_<br>_-_<br>_-_<br>_13,522_<br>_3,000_<br>_4,158_<br>_-_<br>_20,680_<br>_56,023_|_Expenditur_<br>_e_<br>_£_<br>_(11,914)_<br>_(24,983)_<br>_-_<br>_(9,061)_<br>_(200)_<br>_(46,158)_<br>_(8,642)_<br>_(8,642)_<br>_-_<br>_-_<br>_(4,017)_<br>_(38)_<br>_(4,055)_<br>_(58,855)_|_Transfers_<br>_£_<br>_-_<br>_-_<br>_(17)_<br>_-_<br>_-_<br>_(17)_<br>_-_<br>_-_<br>_-_<br>_(9,722)_<br>_-_<br>_(8,231)_<br>_(17,953)_<br>_(17,970)_|_Balance at_<br>_31 March_<br>_2022_<br>_£_<br>_5,248_<br>_12,432_<br>_-_<br>_3,954_<br>_1,695_|
|---|---|---|---|---|---|
||||||_23,329_|
||||||_1,330_|
||||||_1,330_|
||||||_13,522_<br>_-_<br>_141_<br>_-_|
||||||_13,663_|
||||||_38,322_|



42 



The Broughton Trust 

Notes to the accounts for the year ended 31 March 2023 (continued) 

## **16 Analysis of movements in restricted funds (continued)** 

## **Name of restricted fund Description, nature and purposes of the fund** 

Get Help is a project funded by the GMCA & Home Office to look closely at the effect knife crime is having on young people, families and communities within Salford. The project is made up of a one hour play based on a true incident followed up by workshops exploring the issue in further detail with people on the panel who have lived experiences. Its aim to start a conversation, raise awareness and educate. Jobs not prison This project is aimed at supporting young people and 18+ who based on Police and community intelligence maybe on the edge or involved in crime. A Key worker will provide intense work to progress them into employment. 

Big Lottery Investing in Youth - the aim of this fund is to deliver an Investing in Youth Project that aims to train 120 adult volunteers over four years using NOCN level one and two, to give them improved understanding of and commitment to the needs of young people in the community and enhance their own employability and personal progression. WEA -ESF Digital skills This is the second WEA project in using our newly refurbished Learning lab with bespoke digital equipment to support 30 individuals to develop appropriate digital skills. Salford Royal NHS The Broughton Neighborhood Leadership team (One Broughton) made up of Voluntary and statutory organisations are looking at ways to alleviate pressure on GP’s and Acute Trust. We were asked to administer this pot of money for speed and ease of accessing for beneficiaries. GMCA A grant to support AEB providers with the capital costs associated with adhering to the latest government guidance for the wider reopening of educational establishments. We purchased new tables, chairs, Laptops, digital equipment and refurbished the old industrial kitchen into a classroom. Trafford Housing Trust – This project provides intensive, wrap-around support for those either Jobs not prison project coming out of jail or those that maybe on that pathway that are referred from within Trafford and Stretford. The support we offer ranges from getting someone ID to finding them employment. Bridging the Gap A 3 year Big Lottery funded project which is based on the learning team providing the Salford Community with Information Advice and Guidance around learning and employment and also the same targeted for youth plus Mentoring. Big Lottery This project is aimed at supporting families who have ben effected by COVID-19 pandemic. By introducing alternatives for services where demand is high and waiting lists are long. It will focus on wellbeing and learning and deliver online sessions and provide laptops to families & WiFi who are in need. Mentoring. Little pot of Health/ one to One – A coordinator trains volunteers to support adults in learning on a one to one basis how to read and write. 

43 



The Broughton Trust 

Notes to the accounts for the year ended 31 March 2023 (continued) 

## **16 Analysis of movements in restricted funds (continued)** 

## **Name of restricted fund** 

## **Description, nature and purposes of the fund** 

LCH 

Salford CVS - Albert Gubay 

This project was/is to engage with parents at present disengaged with schools. To then encourage engagement through a third party (us) with a view to increasing participation with the school and their children’s and their own personal development. 

The funding is to offer financial support and back fill areas of needs aimed at 6 specific social groups for up to a 3 year period. 

44 



The Broughton Trust 

## Notes to the accounts for the year ended 31 March 2023 (continued) 

## **17 Analysis of movement in unrestricted funds** 

|Balance<br>at 1 April<br>2022<br>£<br>124,719<br>Talent Match-Dean Hughes<br>6,613<br>Hidden<br>(5,238)<br>4,304<br>130,398<br>_Balance_<br>_at 1 April_<br>_2021_<br>_£_<br>_171,329_<br>_Talent Match-Dean Hughes_<br>_6,613_<br>_Hidden_<br>_(4,387)_<br>_4,304_<br>_177,859_<br>**Current reporting**<br>**period**<br>_Homes for England Match_<br>_funding_<br>Homes for England Match<br>funding<br>**_Previous reporting_**<br>**_period_**<br>_General fund_<br>General fund|Income<br>£<br>318,291<br>-<br>17,376<br>-<br>335,667<br>_Income_<br>_£_<br>_300,337_<br>_-_<br>_8,000_<br>_-_<br>_308,337_|Expenditur<br>e<br>£<br>(351,609)<br>-<br>(6,785)<br>-<br>(358,394)<br>_Expenditur_<br>_e_<br>_£_<br>_(364,917)_<br>_-_<br>_(8,851)_<br>_-_<br>_(373,768)_|Transfers<br>£<br>14,470<br>-<br>-<br>-<br>14,470<br>_Transfers_<br>_£_<br>_17,970_<br>_-_<br>_-_<br>_-_<br>_17,970_|As at 31<br>March<br>2023<br>£<br>105,871<br>6,613<br>5,353<br>4,304|
|---|---|---|---|---|
|||||122,141|
|||||_As at 31_<br>_March_<br>_2022_<br>_£_<br>_124,719_<br>_6,613_<br>_(5,238)_<br>_4,304_|
|||||_130,398_|



## **Name of unrestricted fund** 

## **Description, nature and purposes of the fund** 

General fund Talent Match 

The reserves of the charity 

supporting young people aged 18-24 who have been out 

of employment, education or training for twelve months or more and who need extra support to help them along their pathway to work. 

Hidden 

The programme is an extension of the GMCVO Talent Match Programme but with changes to the eligibility. The criteria is now 1825, N.E.E.T (not in education, employment or training) and not claiming any benefits. This is a two year programme and due to end in March 2021. 

45 



## The Broughton Trust 

## Notes to the accounts for the year ended 31 March 2023 (continued) 

## **18 Analysis of net assets between funds** 

|**Current reporting period**<br>Tangible fixed assets<br>Net current assets/(liabilities)<br>Creditors of more than one year<br>Total<br>**_Previous reporting period_**<br>_Tangible fixed assets_<br>_Net current assets/(liabilities)_<br>_Creditors of more than one year_<br>_Total_|General<br>fund<br>£<br>61,340<br>49,649<br>(5,118)<br>105,871<br>_General_<br>_fund_<br>_£_<br>_68,996_<br>_61,841_<br>_(6,118)_<br>_124,719_|Designated<br>funds<br>£<br>-<br>16,270<br>-<br>16,270<br>_Designated_<br>_funds_<br>_£_<br>_-_<br>_5,679_<br>_-_<br>_5,679_|Restricted<br>funds<br>£<br>-<br>45,580<br>-<br>45,580<br>_Restricted_<br>_funds_<br>_£_<br>_-_<br>_38,322_<br>_-_<br>_38,322_|Total<br>£<br>61,340<br>111,499<br>(5,118)|
|---|---|---|---|---|
|||||167,721|
|||||_Total_<br>_£_<br>_68,996_<br>_105,842_<br>_(6,118)_|
|||||_168,720_|



## **19 Financial instruments** 

Financial instruments measured at amortised cost comprise the loan financing provided by Salford City Council to the charity. 

|Loan payable falling due within one year<br>Loan payable falling due after five years<br>Loan payable falling due in more than one year<br>but in less than five years|2023<br>£<br>53,000<br>5,000<br>118<br>58,118|2022<br>£<br>53,000<br>10,200<br>2,118|
|---|---|---|
|||65,318|



Descriptions of the individual loans are given in note 15. 

46 



The Broughton Trust 

## Notes to the accounts for the year ended 31 March 2023 (continued) 

## **20 Operating lease commitments** 

The charity's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods: 

|||Property||Equipment|Equipment|
|---|---|---|---|---|---|
||2023||2022|2023|2022|
||£||£|£|£|
|Less than one year|100||100|2,520|2,895|
|One to five years|400||400|7,560|8,400|
|Over five years|850||950|-|-|
||1,350||1,450|10,080|11,295|
|**Reconciliation of net movement in funds to net cash flow from**||||**operating activities**||
||||2023|2022||
||||£|£||
|**Net income/(expenditure) for the year**|||(999)|(68,263)||
|**Adjustments for:**||||||
|Depreciation charge|||7,656|7,655||
|Decrease/(increase) in debtors|||4,113|8,747||
|Increase/(decrease) in creditors|||39,850|4,133||
|**Net cash provided by/(used in) operating**|||50,620|(47,728)||



## **21 Reconciliation of net movement in funds to net cash flow from operating activities** 

47 



## The Broughton Trust 

## Notes to the accounts for the year ended 31 March 2023 (continued) 

## **22 Analysis of changes in net debt** 

|Cash<br>Debt due within 1 year<br>Debt due more than 1 year<br>**Borrowings**<br>**Total**<br>**Cash and cash equivalents**|Balance  at<br>1 April<br>2022<br>£<br>121,445<br>121,445<br>(53,000)<br>(6,118)<br>(59,118)<br>62,327|Cashflows<br>£<br>49,620<br>49,620<br>-<br>-<br>-<br>49,620|Other non-<br>cash<br>changes<br>£<br>-<br>-<br>(6,200)<br>-<br>(6,200)<br>(6,200)|As at 31<br>March<br>2023<br>_£_<br>171,065|
|---|---|---|---|---|
|||||171,065<br>(59,200)<br>(6,118)|
|||||(65,318)|
|||||105,747|



48 



## The Broughton Trust 

## Statement of Financial Activities (including Income and Expenditure account) for the year ended 31 March 2022 

|Unrestricted<br>funds<br>Note<br>£<br>**Income from:**<br>Donations and legacies<br>3<br>81,707<br>Charitable activities:<br>4<br>226,630<br>**Total income**<br>**308,337**<br>**Expenditure on:**<br>Charitable activities:<br>5<br>373,768<br>**Total expenditure**<br>**373,768**<br>7<br>**(65,431)**<br>Transfer between funds<br>17,970<br>**Net movement in funds for the year**<br>**(47,461)**<br>**Reconciliation of funds**<br>Total funds brought forward<br>177,859<br>**Total funds carried forward**<br>**130,398**<br>**Net income/(expenditure) for**<br>**the year**|Restricted<br>funds<br>£<br>-<br>56,023<br>**56,023**<br>58,855<br>**58,855**<br>**(2,832)**<br>(17,970)<br>**(20,802)**<br>59,124<br>**38,322**|Total funds<br>2022<br>£<br>81,707<br>282,653<br>**364,360**<br>432,623<br>**432,623**<br>**(68,263)**<br>-<br>**(68,263)**<br>236,983<br>**168,720**|Total funds<br>2021<br>£<br>92,458<br>456,265|
|---|---|---|---|
||||**548,723**|
||||467,355|
||||**467,355**|
||||**81,368**<br>-|
||||**81,368**<br>155,615|
||||**236,983**|



49