2022-03-31-accounts

			~PN
Report of	the Trustees	I Directors	3-9
Report of	the Auditors		10-12
Statement	of Financial	Activities	13
Balance Sheet			14
Statement	of Cash Flows
Notes to the Financial		Statements	16-26

~Ch	t	k	1089313
C		b	4268143
Chairman:			P J Woolas
CEO.			A Reeves
C		S	S Carroll
			Hollinwood		Business Centre
			Albert Street
			Oldham
			OL8 3QL
Auditors:			Wrigley Partington
			Sterling House
			501 Middleton			Road
			Chadderton
			Oldham
			OL9 9LY
Bankers:			Royal Bank		of	Scotland
			Drummond		House
			1 Redheugha		Avenue
			Edinburgh
			EH12 9JN
Solicitors:			Wrigley Claydon
			29 - 33 Union			Street
			Oldham
			OL1 1HH
			Rathbone	Brothers Pic
			8 Finsbury	Circus
			London
			EC2M TAZ
Trustees		at date ofthis re ort:	P JWoolas		(Chairman)
			L G Coop
			J Jones
			A RWalker
			R Oldham
			D Reay
			TWailer
			M Ruane
			C Ball
			J Devlin
			M Littler
			S N Meredith

				2D22			2021
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		Note	Funds	Funds	Funds	Funds	Funds	Funds
			E	E	E	E	E	E
INCOME
Donations and legacies		2	11,892		11,892	9,013		9,013
Charitable activities.
Service delivery		3	3,593,258		3,593,258	3,605,609		3,605,609
Other trading activities:
Fundraislng	events
Investment income		5	66,164		66,164	46,902		46,902
Other
Total incoming resources			3,671,314		3,671,314	3,661,524		3,681,524
EXPENDITURE
Raising funds		7	1,412		1,412	1,253		1,253
Charitable activities:
Service delivery		7	3,728,059		3,728,059	2,961,493		2,981,493
Governance		7	43,231		43,231	42,319		42,319
Total expenditure		7	3,772,702		3,772,702	3,005,065		3,005,065
Net incoming resources before
investment gains/(losses)			(101,388)		(101,388)	656,469		656,459
Net gains/(losses) on investments		13	88,531		88,531	425,238		425,238
Net income/(expenditure)			(12,857)		(12,857)	1,081,697		1,081,697
Transfers between funds		22
Net movement in funds			(12,857)		(12,857)	1,081,697		1,081,897
Reconciliation offunds
Total funds brought forward			4,109,686		4,109,686	3,027,989		3,027,989
Total tunds carried forward		22	4,096,829		4,D96,829	4,109,686		4,109,686

		Note	2022f	2021 6
FIXEDASSETS
Tangible assets		12	138,690	171,753
Investments		13	3,526,879	2,178,661
Total fixed assets			3,665,569	2,350,414
CURRENT ASSETS
Debtors			95,271	102,415
Cash at bank and	in hand	15	727,938	2,397,204
Total current assets			823,209	2,499,619
LIABILITIES:
Creditors falling due within one year			391,949	740,347
Net current assets			431,260	1,759,272
Net assets		23	4,096,829	4,109,686
THE FUNDS OF THE CHARITY
Restricted income	funds	22
Unrestricted funds:		22	4,096,829	4,109,686
Total charity funds		22	4,096,829	4,109,686

					Note	2022f	2021f
Cash used in operating	activities				24	417,654)	1,138,091
Cash flows from investing activities
Interest income							11,603
Dividend income					5	66,164	35,299
Purchase oftangible fixed	assets				12	(58,089)	(105,953)
Purchase offixed asset investments					13	(1,259,687)	(43,007)
Proceeds from fixed asset	disposals
Cash provided by (used	in) investing		activities			(1,251,612)	102,058)
Increase/(decrease) in cash and cash			equivalents
in the year						(1,669,266)	1,036,033
Cash and cash equivalents	at the beginning			ofthe year		2,397,204	1,361,171
Total cash and cash equivalents		at the end ofthe year			15	727,938	2,397,204

				Unrestricted	Restricted	Total	Total
				2022 f	2022f	2022f	2021f
2	Income from donations		and le acies
	Donations			11,892		11,892	9,013
	Legacies
				11892		11892	9013
3	Income from charitable		activities
	Service delivery:
	Centre courses			33,123		33,123	26,442
	Engineering	services		2,772		2,772	3,514
	Recharged	activities					159
	Assessments			12,308		12,308	4,000
	Consultancy	and audit work		210		210	3,674
	Publications			8,657		8,657	7,186
	Products			2,090		2,090
	Voiceitt App			24,458		24,458
	NHSincome			3,476,676		3,476,676	3,529,625
	Partnerships	(formerly service level agreements)		32,964		32,964	31,009
				3,593,258		3,593,258	3,605,609

5	Investment	income
	Interest on	listed investments			11,603
	Dividends	on listed investments	66,164	66,164	35,299
			66,164	66,164	46,902

				Charitable	activities
				vs 'U	v
				vU 2ve	8 OU	Total	Total
						2022	2021
							6
Costs directly allocated to activities
Payroll and associated		costs	1,199	1,530,401		1,531,600	1,307,340
Materials				4,113		4,113	2,738
Advertising				52,559		52,559	22,975
Motor expenses				2,571		2,571	2,032
Travel and accomodation				79,602		79,602	25,237
Equipment for service		delivery		931,546		931,546	677,035
Consultancy				31,651		31,651	8,917
Fundraising costs			213			213	183
Bad debts Depreciation				56,314		56,314	(356) 61,372
Computer costs				64 950		64950	37389
			1,412	2,753,707		2,755,119	2,144,862
Support costs
Payroll and associated		costs		392,713	34,231	426,944	333,327
Staff training				12,599		12,599	10,417
Personnel, recruitment		and CRB		13,017		13,017	2,746
Rent and rates				141,518		141,518	137,406
Insurance				17,838		17,838	11,559
Light, heat and water				14,172		14,172	9,378
Repairs and maintenance				12,642		12,642	19,289
Printing, stationery	and	postage		20,480		20,480	16,570
Subscriptions and journals				21,539		21,539	8,167
Telephone				6,335		6,335	5,340
Equipment hire				1,144		1,144	1,832
Audit					9,000	9,000	11,950
Accountancy				2,000		2,000	2,000
Legal and professional				13,473		13,473	22,056
Bank charges				3,777		3,777	1,232
Sundries and cleaning				7,853		7,853	10,373
Irrecoverable VAT				248,217		248,217	199,073
Depreciation				34,838		34,838	48,445
Loss on fixed asset disposals
Research and development				2,980		2,980	4,889
Computer costs				7217		7 217	4,154
				974,352	43,231	1,017,583	860,203
Totalresources expended			1,412	3,728,059	43,231	3,772,702	3,005,065

				Total	Total
				2022	2021
8	Staff costs			K	6
	Total staff emoluments		for the year were as follows:
	Salaries			1,479,902	1,250,286
	National	Insurance		150,944	128,486
	Pension	(see note 21)		327,698	261,895
				1,958,544	1 640667

The avera during the	ge number of full-time equivalent employees year were as follows:	and secondees
		Number	Number
Chantable	activities:
	Service delivery	38.6	33.0
	Governance	0.5	0.4
Raising funds
		39.1	33.4

				Number		Number
Between	860,000	and	f70,000		2		1

were 691,268 (2021:F90,	013).	013).		y p	y p
None ofthe trustees were	paid any remuneration		during	the year (2021.None). Travelling expenses
amounting to a total off862 (2021: Nil) were paid			on behalf ofmne ofthe trustees
Net movement in funds
Net movement in funds is	arrived	at after charging	/(crediting)'
Depreciation oftangible fixed assets				91,152	109,817
(Profit)/loss on revaluation	offixed	asset investments		(88,531)	(425,238)
Operating lease rentals				123,176	124,343
Auditors' remuneration:
Audit				9,000	11,950
Other services				2,000	2,000

		Leasehold	Fixtures &	Computer	Assessment	Motor
		alterations	Fittings	Equipment	Equipment	Vehicles	Total
	Cost
	At 1 April 2021	90,291	123,868	122,657	553,576	12,528	902,920
	Additions		1,728	9,158	47,203		58,089
	Disposals
	At 31 March 2022	90,291	125,596	131,815	600,779	12,528	961,009
	At 1 April 2021	76,175	85,231	101,139	459,068	9,554	731,167
	Charge for the period	7,614	9,986	16,495	56,314	743	91,152
	Disposals
	At 31 March 2022	83,789	95,217	117634	515382	10297	822,319
	Net Book Value
	At 31 March 2022	6,502	30,379	14,181	85,397	2,231	138,690
	At 31 March 2021	14,116	38,637	21,518	94,508	2,974	171,753
13	Fixed asset investments

Fixed asset investments
Movement in fixed asset investments.	2022	2021
		8
Market value at 1 April 2021	2,178,661	1,710,416
Additions to investments at cost	1,259,687	43,007
Net gain/(loss) on revaluation	88,531	425,238
Market value at 31 March 2022	3,526,879	2,178,661
Fixed asset investments by type.	2022	2021
	E	5
UK equity funds	1,842,734	1,170,750
Overseas equity funds	1,681,065	1,005,939
Total listed investments	3,523,799	2,176,689
Cash on interest bearing deposit	3,080	1,972
	3,526,879	2,178,661

							2022f	2021 E
14	Debtors and re a		ments
	Trade	debtors					23,738	40,493
	Prepayments and accrued				income		71,533	61,922
							95,271	102415
15	Cash	at bank and in	hand
	Cash	at bank					727,938	2,396,793
	Cash	in hand						411
							727,938	2,397,204
16	Creditors amounts		fallin		due within one	ear
	Trade	creditors					150,174	293,744
	Value	Added Tax					4,095	5,172
	PAYE	and Nl						32,409
	Pension contributions							35,046
	Accruals						56,373	52,039
	Deferred income						181,307	321,937
							391,949	740,347
	Movements on deferred			income account:
		Brought forward					321,937	6,051
		Released					(321,937)	(6,051)
		Income deferred			in current year		181,307	321,937
							181,307	321,937

		At				At
		1 April	Incoming	Resources	Investment	31 March
		2021	resources	expended	gains	2022
		E	F	E	E	E
Resricted Funds:
Funds for restricted purpose.'
Unrestricted	funds:
General fund		4,109,686	3,671,314	(3,772,702)	88,531	4,096,829
Total		4,109,686	3,671,314	(3,772,702)	88,531	4,096,829

	General	Designated	Restricted	Total
	Funds	Funds	Funds	Funds
	E	E	E	E
Tangible fixed assets	138,690			138,690
Fixed asset investments	3,526,879			3,526,879
Debtors	95,271			95,271
Cash at bank and in hand	727,938			727,938
Creditors due within one year Net assets 31 March 2022	(391949) 4,096,829			(391,949) 4,096,829

NO	TES TO THE FINANCIA	L STATE	L STATE	M	ENTS:	ENTS:	YEAR ENDED 31 MARCH	YEAR ENDED 31 MARCH	2022
24	Reconciliation of net	movement			in funds		to net cash flow from o		cretin activities
								2022	2021
								E
	Net movement in funds							(12,857)	1,081,697
	Add back depreciation	charge						91,152	109,817
	Add back assessment	equipment		transferred			to clients		6,100
	Add back (profit)/loss on revaluation				of investments			(88,531)	(425,238)
	Deduct interest income	shown	in	investing		activities			(11,603)
	Deduct dividend income shown		in	investing			activities	(66,164)	(35,299)
	Decrease/(increase) in	debtors						7,144	76
	Increase/(decrease) in	creditors						~(348,398	412,541
								417,654	1,138,091