2023-06-30-accounts - Centre For Local Economic Strategies Limited

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							Page
Legal and Administrative Information							1
Trustees' AnnualReport (Incorporating			the Strategic and		Director's Reports)		2-13
Independent	Auditor's report						14-17
Consolidated	Statement of Financial	Activities (Including			Income and Expenditure		18
Account)
Charity Statement of Financial Activities			(Including	Income and Expenditure		Account)	19
Consolidated	and Charity Statement	of	Financial Position				20
Consolidated	and Charity Statement	of	Cash Flows				21
Notes to the	Financial Statements						22-33

Legal, reference and	Legal, reference and	Legal, reference and	Legal, reference and	administrative	information
Other name		used:			CLES Limited
Registered		Charity	number:		1089503
Registered		Company		number:	4242937
Principal	and Registered Offic;				52 Oak Street,	Swan Square, Manchester,		M4 SJA
Trustees:					C Wilklns (Chair)
					Cllr P Dennett
					N Bolger
					A Donald
					D C Hyland (resigned		30April 2023)
					Cllr D P Meller
					Cllr 8 Craig
					R Deegan
					H Thomas
					J Dromey (appointed		22 June 2023)
					5 Halliwell (appointed		22 June 2023)
Secretary:					5 LLonglands
Senior Leadership			Team:
Chief Executive					5 Longlands
Other Members of			th'e team		T Lloyd Goodwin
					5 MacDonald
Auditor:					Beever and Struthers
					Chartered Accountants
					One Express
					1George Leigh Street
					Manchester
					M4 5DL
Bankers:					Co-operative	Bank PLC
					1Balloon Street
					Manchester
					M60 4EP
Solicitors:					Bates, Wells & Braithwaite
					61Charterho	use Street
					London
					EC1M 6HA

		Note	Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
			2023	2023	2023	2022
			f	f	f	f
Incoming Resources
Charitable activities		5	865,269	376,704	1,241,973	1,015,710
Total Incoming resources			865,269	376,704	1,241,973	1,015,710
Expenditure on:
Charitable activities		6	736,618	376,704	1,113,322	1,279,714
Total Expenditure			736,618	376,704	1,113,322	1,279,714
Net income / (expenditure)
before transfers			128,651		128,651	(264,004)
Net income / (expenditure)			128,651		128,651	(264,004)
Reconciliation offunds:		14
Total funds brought	forward		199,810		199,810	463,814
Total funds carried	forward		328,461		328,461	199,810

		Note	Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
			2023	2023	2023	2022
			f	6	6	6
Incoming Resources
Charitable activities		5	865,269	376,704	1,241,973	1,015,710
Total Incoming resources			865,269	376,704	1,241,973	1p015,710
Expenditure on:
Charitable activities		6	736,618	376,704	1,113,322	1,279,714
Total Expenditure			736,618	376,704	lp113p322	1p279714
Net income / (expenditure)
before transfers			128,651		128,651	(264,004)
Net Income /(expenditure)			128,651		128,651	(264,004)
Reconciliation offunds:		14
Total funds brought	forward		189,626		189,626	453,630
Total funds carried	forward		318,277		318,277	189,626

				TotalFunds		Total	Funds
				2023	2022	2023	2022
				Group	Group	Charity	Charity
			Note	6	6	6	6
Fixed assets:
Total fixed assets			10	3,117	5,676	3,117	5,676
Investment			11			2	2
				3,117	5,676	3,119	5,678
Current assets:
Debtors			12	309,048	251,426	309,048	251,426
Cash at bank				381,349	297,645	371,033	287,329
				690,397	549,071	680,081	538,755
Liabilities:
Creditors: amounts		falling due
within one year			13	(365,053)	(354,937)	(364,923)	(354,807)
Net current assets				325,344	194,134	315,158	183,948
Total net assets				328,461	199,810	318,277	189,626
Funds ofthe	Charity:
Restricted income		funds	15
Unrestricted	funds		14	328,461	199,810	318,277	189,626
Total Charity	funds			328,461	199,810	318,277	189,626

						Group	Group	Charity	Charity
						2023	2022	2023	2022
						E	E	E	E
Reconciliation ofnet			income to		net cash
flow from
operating		activities:
Net income						128,651	(264,004)	128,651	(264,004)
Adjustments for:
Depreciation oftangible				fixed assets		4,760	4,598	4,760	4,598
(Increase)		/ decrease	In debtors			(57,622)	8,619	(57,622)	8,619
Increase	in creditors					10,116	83,224	10,116	83,224
Net cash	inflow / (outflow) from				operating	85,905	(167,563)	85,905	(167,563)
activities
Cashf low		statement
Net cash		inflow / (oufflow) from			operating	85,905	(167,563)	85,905	(167,563)
activities
Investing		activities
Purchase		oftangible	fixed assets			(2,201)	(1,334)	(2,201)	(1,334)
Net cash		outflow from investing			activities	(2,201)	(1,334)	(2,201)	(1,334)
Increase	/(decrease)		In cash			83,704	(168,897)	83,704	(168,897)
Cash and		cash equivalents		at 1July 2022		297,645	466,542	287,329	456,226
Cash and		cash equivalents		at 30	June 2023	381,349	297,645	371,033	287,329

Income from Charitable Activities	Income from Charitable Activities
Group and Charity		Unrestricted	Restricted	Total
		Funds	Funds	2023
		E	f	E
Research and consultancy
Fees		744,358		744,358
Grants		55,221	376,704	431,925
		799,579	376,704	1,176,283
Membership	subscriptions	34,533		34,533
Events and publications		31,157		31,157
		865,269	376,704	1,241,973
Group and Charity		Unrestricted	Restricted	Total
		Funds	Funds	2022
		f	f	E
Research and consultancy
Fees		721,476		721,476
Grants		147,928	80,960	228,888
		869,404	80,960	950,364
Membership	subscrlptions	34,533		34,533
Events and publications		30,813		30,813
		934,750	80,960	1,015,710

Analysis of Expenditure on Charitable	Activities
Group and charity	Direct	Direct	Support	Total
	cost's	salaries	costs	2023
	f	E	E	E
Research and consultancy	56,085	599,356	340,911	994,941
Membership subscriptlons		10,365	43,480	54,785
Events and publications	25,128	16,257	21,740	63,596
	81,213	625,578	406,131	1,113,322
Group and charity	Direct	Direct	Support	Total
	costs	salaries	costs	2022
	f	E	E	E
Research and consultancy	69,922	941,801	202,207	1,213,930
Membership subscrlptlons		14,680	25,129	39,809
Events and publications	859	12,552	12,565	25,975
	70,781	969,033	239,901	1,279,714

Analysis ofS	upport Costs
			Research	Membership
			and	and	Events	and		Total
			consultancy	subscriptions	publications		Governance	2023
			f	f	f		f	f
Salaries			174,392	23,889	11,945		28,667	238,893
Marketing costs			18,834	2,216		1,107		22,157
Establishment	costs		25,510	3,001		1,500		30,011
Insurance			3,537	416		208		4,161
Legal and professional			20,824	2,450		1,225		24,499
Administration	costs		38,913	4,578		2,290		45,781
Finance charges			205	24		12		241
Staff training	and recruitment		20,986	2,469		1,235		24,690
Board expenses/meeting		costs					1,578	1,578
Depreciation			4,046	476		238		4,760
Auditors fee							9,360	9,360
			307,247	39,519	19,760		(39,605)	406,131
Allocation of	governance	costs	33,664	3,961		1,980	39,605)
			340,911	43,480	21,740			406,131
Analysis ofSupport Costs
			Research	Membership
			and	and	Events	and		Total
			consultancy	subscriptions	publications		Governance	2022
			f	f	E		f	E
Salaries			69,300	9,493	4,747		11,392	94,932
Marketing costs			17,705	2,083		1,041		20,829
Establishment	costs		27,086	3,187		1,593		31,866
Insurance			3,340	393		196		3,929
Legal and professional			15,604	1,836		918		18,358
Administration	costs		37,267	4,384	2,192			43,843
Finance charges			232	27		14		274
Staff training	and recruitment		8,458	995		498		9,950
Board expenses/meeting		costs					1,672	1,672
Depreciation			3,908	460		230		4,598
Auditors fee							9,650	9,650
			182,900	22,858	11,429		22,714	239,901
Allocation of	governance	costs	19,307	2,271	1,136		(22,714)
			202,207	25,129	12,565			239,901

Auditors Rem	uneration
		Total	Total
		2023	2022
		f	f
Audit fee		9,360	8,500
Accountancy	fees	4,100	1,750
		13,460	10,250
Staff Cost
Total staff costs were as follows		2023	2022
		f	f
Salaries and wages		757,403	731,645
Social security	costs	85,518	81,039
Pension costs		26,424	251,281
		869,345	1,063,965

Number ofemployees
The average number of	employees	during the year, calculated	on	the basis offull-time		equivalents	(FTE)
and average headcount	(HC) was	as follows:
		2023		2023	2022		2022
		HC		FTE	HC		FTE
		No		No	No		No
Employees		18		17	21		18
		18		17	21		18

The number ofstaff whose remuneration, as rec	harged to the Charity, exceeded E60,00	0was:
	2023	2022
	No	No
E60,000- f70,000	1
f90,000 - f100,000	1	1
	2	1

Tangible Fixed Assets
Group and charity	Leasehold	Office	Computer
	improvements	Equipment	equipment	Tota I
Cost or valuation	f	f	E	E
At 30June 2022	2,655	3,735	30,012	36,402
Additions			2,201	2,201
At 30June 2023	2,655	3,735	32,213	38,603
Depreciation
At 30June 2022	1,992	3,505	25,229	30,726
Charge for the year	663	101	3,996	4,760
At 30June 2023	2,655	3,606	29,225	35,486
Net Book Value
At 30June 2023		129	2,988	3,117
At 30June 2022	663	230	4,783	5,676

Debtors
Group		2023	2022
		f	E
Trade debtors		174,725	115,756
Grants and income receivable		117,047	122,463
Prepayments	and other debtors	17,276	13,207
		309,048	251,426
Charity
Trade debtors		174,725	115,756
Grants and Income receivable		117,047	122,463
Prepayments	and other debtors	17,276	13,207
		309,048	251,426

	Group							2023	2022
									E
	Trade creditors							23,562	13,823
	Other taxes and social security							64,678	46,595
	Accruals							20,190	20,776
	Pension provision							172,000	200,000
	Income In advance - membership							19,125	19,125
	Income In advance - contracts							65,498	54,618
								365,053	354,937
	Charity							2023 f	2022 E
	Trade creditors							23,562	13,823
	Othertaxes and socialsecurity							64,548	46,465
	Accruals							20,190	20,776
	Pension provision							172,000	200,000
	Income in advance - membership							19,125	19,125
	Income In advance - contracts							65,498	54,618
								364,923	354,807
	Movements In deferred	Income						2023	2022
								f	E
	Membership income b/fwd		and released		in the year			(19,125)	(19,125)
	Membership income c/fwd							19,125	19,125
	Net movement
	Contract income b/fwd	and	released	In	the year			(54,618)	(153,606)
	Contract income c/fwd							65,498	98,988
	Net movement							(10,880)	54,618
14.	Statement of Funds
	Group				1July	Incoming	Resources		30June
					2021	resources	expended	Transfers	2023
	Unrestricted funds.				f	f	f	E	f
	General funds				149,810	865,269	(736,618)	50,000	328,461
	Designated funds				50,000			50,000
					199,810	865,269	(736,618)		328,461
	Restricted funds					376,704	(376,704)
	Total funds				199,810	1,241,973	(1,113,322)		328,461
					1July	Incoming	Resources		30June
					2021	resources	expended	Transfers	2022
					f	f	f	E	E
	Unrestricted funds:
	General funds				403,037	934,750	(1,187,977)		149,810
	Designated funds				50,000				50,000
					453,037	934,750	(1,187,977)		199,810
	Restricted funds				10,777	80,960	(91,737)
	Total funds				463,814	1,015,710	(1,279,714)		199,810

			FOR THE	YEAR END	ED 30JUNE	2023
	Statement of Funds
	Charity			1July	Incoming	Resources		30June
	Unrestricted funds:			2022 f	resources f	expended f	Transfers f	2023 E
	General funds			139,626	865,269	(736,618)	50,000	318,277
	Designated funds			50,000			(50,000)
				189,626	865,269	(736,618)		318,277
	Restricted funds				376,704	(376,704)
	Totalfunds			189,626	1,241,973	(1,113,322)		318,277
				1July	Incoming	Resources		30June
				2021	resources	expended	Transfers	2022
				f	f	f	E	E
	Unrestricted funds:
	General funds			392,853	934,750	(1,187(,977)		139,626
	Designated funds			50,000				50,000
				442,853	934,750	(1,187,977)		189,626
	Restricted funds			10,777	80,960	(91,737)
	Total funds			453,630	1,015,710	(1,279,714)		189,626
15.	Movements in Restricted		Funds
	Group and Charity				1July	Incoming	Resources	30June
					2022	resources	expended	2023
	ProJect funds;				E	f	f	E
	Scottish Government	secondment				30,662	(30,662)
	Barrow Cadbury Trust	- Anchor Network				1,982	(1,982)
	NIHR Public Health Research Programme					22,234	(22,234)
	Power to Change					107,766	(107,766)
	LGIU					20,000	(20,000)
	Alex Ferry Foundation					15,300	(15,300)
	Regional Action Plan					132,260	(132,260)
	Columbia Threadneedle					46,500	(46,500)
						376,704	376,704
	Group and Charity				1July	Incoming	Resources	30June
					2021	resources	expended	2022
	Project funds:				E	f	f	E
	Scottish Government	secondment				30,662	(30,662)
	Barrow Cadbury Trust	- Anchor Network			5,668	44,598	(50,266)
	NIHR Public Health Research Programme					10,809	(10,809)
	Power to Change				5,109	(5,109)
					10,777	80,960	. (91,737)

Analysis	of Net Assets between Funds
Charity				Total
		Unrestricted	Restricted	Funds
		Funds	Funds	2023
		E	f	f
Tangible	fixed assets	3,117		3,117
Investments		2		2
Current	assets	680,081		680,081
Current	liabilities	(364,923)		(364,923)
		318,277		318,277
Charity				Total
		Unrestricted	Restricted	Funds
		Funds	Funds	2022
		E	f	f
Tangible	fixed assets	5,676		5,676
Investments		2		2
Current	assets	538,755		538,755
Current	liabilities	(354,807)		(354,807)
		189,626		189,626

Analysis ofChang	es In Net Debt
Group		1July		30June
		2022	Cashflows	2023
		E	f	f
Cash at bank and	in hand	297,645	83,704	381,349
		297,645	83,704	381,349
Charity		1July		30JUne
		2022	Cashflows	2023
		E	E	f
Cash at bank and	in hand	287,329	83,704	371.,033
		287,329	83,704	371,033

		Unrestricted	Restricted	Tota I	Tota I
		Funds	Funds	Funds	Funds
		2022	2022	2022	2021
		6	f	6	5
Incoming Resources
Charitable activities		934,750	80,960	'1,015,710	976,686
Otherlncome					7,930
Total Incoming resources		934,750	80,960	1,015,710	984,616
Expenditure on:
Charitable activities		1,187,977	91,737	1,279,714	923,139
Total Expenditure		1,187,977	91,737	1,279,714	923,139
Net (expenditure)/Income		(253,227)	(10,777)	(264,004)	(61,477)
before transfers
Net Income /(expenditure)		(253,227)	(10,777)	(264,004)	(61,477)
Reconciliation offunds:
Total funds brought	forward	442,853	10,777	453,630	392,153
Total funds carried	forward	189,626		189,626	453,630