REGISTERED COMPANY NUMBER: 4491448 {England and Wales) REGISTERED CHARITY frIUMBER'. 1093988 Report of the Tntstees and Unaudlted Financial Ststements for the Year Ended 30 September 2024 for The Manna House (Tamwiythl Co. Dalton Pardoe Limited Chartered Accountants 794 High Street Kingswinford West Midlands OY6 88Q
The Manna House (Tamworthl Co. Contents of the Financial Statements for the Year Ended 30 Septernber 2024 Page Report of the Trustee5 Independent Examiner's Report Statement of Financial Activitie5 Balance Sheet Cash Flow Statement Notes to the Cash Flow Statement Notes to the Financial Statements 10 to 15 Detailed Statement of Financial Activities 16
The Manna House (Tamworthl Q>. Report of the Trustees for the Year Ended 30 September 2024 The trustees who are also directors o* the charity for the purposes of the Companles Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191. STRATEGIC REPORT STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The organisation is a charitable company limited by guarantee and not having a share capital, incorporated on 22nd July 2002. It does not allocate dividend5 or any alternative reward. 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. The present scope of charitable activities include a 64 place child care nursery, community cafeldrop in centre. Foodbank, Financial Inclusion Service, parent and tots group, work with the elderly, dementia music group. and other community support initiatives in partnership with other churches and third sector agencies acr055 the town. Recruitment and appointment of new trustees The Directors of the company are also charity trustees for the purpose of charity law and under the Company's Articles are known as members of the Management Committee. New trustees and dirertors are appointed as stated in the nominations policy. Organisational structure The Manna House (Tarnworthl Co. presently has ten Trustee Directors Ithe directors), who have served during the accounting period. Rev Dr Stephen Jonathan Chairman Mr Martin Wild Trustee Director Dr Fiona McLoughlin Trustee Director Ms 8 Marshall Trustee Director Mrs l Gould Smith Trustee Director Mr N Rawlings Trustee Oirector Mrs T Hoogstrate Trustee Director Mrs K Chamberlain Sec to Trustees Staffing & Volunteer Team There was an average 30-35 full and part-time paid operational and 5UPPOrt posts during the year, supported by over 100 volunteers overseen by the Charity's Head of Operations reporting to the TrusteelDirectors. All staff receive ongoing supervision, performance reviews. mentorin& coaching and training appropriate to their role. The volunteer team provide vital resource week by week that enables the work across all projects to be sustained. Without thi5 resource it would be impossible for the charity to continue to operate. Risk Management The Director5 keep under ongoing review the major risks, revenue earning channels and grant funding Strategies. based on continuing diversity of funding and project worl consistent with meeting the charitable needs of the local community the company has beers established to serve. Key policies and practices are in place and compliance is monitored in such areas as child and vulnerable adult safeguardrng, health and safety, fire risk management, relevant insurance policies and practice. food hygiene. Disclosure and Barring Service IDBSI checks etc. Page I
The Manna House (Tarnworth) Co. Report of the Trustees for the Year Ended 30 September 2024 STRuuRE. GOVERNANCE AND MANAGEMENT Aims and Objertives The Manna House (Tamworthl Co. seeks to provide care and support across all ages in the local community. Our alm Is to work with a distlncttve Christian ethos showing value. respert and acceptance to both individuals and families by relevant support initiatives at both crisis and reventative levels into the Itxal communi The charitable objects are= l. To further such charitable purposes for the benefrt of the inhabitsnts in and around the communfty of Tamworth, Staffordshire as the Trustees think fit 2. In furtherarbce of this primary objective the tharwty presently undertakes the folbwing activitie5- . Child day care nursery b. Manna House community cafeldrop in centre c. Tamworth Foodbank d. The More than Food financial incluslon projert e. Weekly parents and tots group f. Hope outreach programme to older residents g. Time to Sing weekly dementia choir and such other voluntary social welfare work as may from time to time arise and which are in accordance with the charity's aim5 and objectives and with the Charity Commission'5 guidance on delivery of public benefit. At all times we seek to.. Build new and strengthen existing contacts and relationships with members of the local community. Work in partnership with other relevant agencies in the community. both voluntary and statutory. including Citizen5 NHS Trusts. Social Services, and charitable organisations across the town Advice, Financial Review Income and Expenditure For the financial year 202314 income totalled £813.981 ILY £660.8211 with operating expenditure of £742,307 ILY £5877311 and and operating surplus for the year of £71,674 ILY £73.0901- The increase in income and expendit¥Jre retlects the increased activity of the Foodbank and a full 12 months of operation of the linked Financlal Inclusion Projett. ReseNes Policy The Directors maintain a watching brref on the overall level of reserves necessary to protett the ongoing work of the charity. The Strategic goal remains one of securing and strengthening the ongoing operation of the charity for the benefit of those in need withln the local community through the charity'5 ClXltinuin8 mixed portfolio of projects and activities. Future Plan5 New project activities will continue to be researched and appraised with uptake determined by their alignment wfch the core values of the charity and overall financial 5UStainability. Future grar)t support will Continue to be researched and applications wt forward as the Trustees seek to best fulfil the objectives of the charity within the Tamworth CommunTty. providing care and 5UPPOrt across all generations regardles5 of nationality, race, colour or creed. Where projects are supported by revenue grants ongoing funding will be sought either through further 8rants or where practitable extending income Benerating strategies con515tent with the core values and aim5 of the charity. Apportionment Policy It is recognised that some costs and overheads need to be apportioned acr055 the different serviceslprojects. Such cost allocation is as far as possible on a basi5 consistent with the relative size of the proRcts and their consequential use of relevant resources and infrastructure. The overhead5 of the sfflallest projects with no signrficant irKwie ale met by the charity. Page 2
The Manna House aMWorth) Co. Report of the Trustees for the Year Ended 30 September 2024 STRucfuRE, GOVERNANCE AND MANAGEMENT Risk management The trustees have a duty to identify and review thè risks to which the charity 15 exposed and to ensure appropriate controls are in place to provide reasonable assurance agoinst fraud and error. REFERENCE AND ADMINISTRATIVE DETAILS RegSstered Company number 4491448 (England and Walesl Registered Charity number 1093988 ReElStered offi The Manna House 258-264 Gla5CQte Road Tamworth Staffordshire 877 2AT Trustees Details of trustees who served during the accounting period are shown under Structure. Governance and Management above. Independent Examlner Colin Dalton FCA Dalton Pardoe Limited Chartered Accountants 794 High Street Kingswinford West Mldlands DY6 88Q Report of the trustÉes. Tncorporating a strategic report. approved by order of the board of tru5tee5. a5 the company dsrector5. Oll 31 May 2025 and signed on the board's behalf by= Y-o 4 Lk-i-L M P Wild - Trustee Page 3
Independent Examiner's Report to the Trustees of The Manna House (Tamworthl Co. Independent examiner's report to the trustees of The Manna House (Tamworthl Co. I'the Companv'l I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2024. Responsibilities and basrs of report As the charity's trustees of the Company land also it5 directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. 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 charity's accounts as carried out under Section 145 of the Charities Act 20111.the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Comrnission under Section 145151 Ibl of the 2011 Act. Independent examiner's statement Since your charity's gross income exceeded £250.000 your examiner must be a member of a listed body. I can confirm that l affl qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, 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= accounting records were not kept in respect of the Company ès required by Section 386 of the 2006 Act,- or the accounts do not accord with those records,. or 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 the account5 have not been prepafed in accordance with the methods and principles of the Statement of Recommended Practice fof accounting and feportine by charitie5 lapplitable to tharities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. 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 3 proper understanding of the accounts to be reached. Colin Dalton FCA The Institute of Chartered Accountants in England and Wales Dalton Pardoe Limited Chartered Accountants 794 High Street Kingswinford West Midlands DY6 8BQ Date: Page 4
The Manna House ITarnworth} Co. Statement of Finanaal Artivities for the Year Endèd 30 September 2024 30.9.24 Tot31 fund5 30.9.23 Total funds Unrestricted fund Restricted funds Notes INCOME AND ENDOWMENT5 FROM Donation5 and legacles Charitable actlvities Income 611,110 32.806 643,916 514.533 Investment income 2,383 2,383 4.674 Total Gs653 157,127 813,980 660.821 EXPENDITURE ON Charitable activities Expenditure 536,158 2[,149 742,307 587,731 NET INCOME/IEXPENDITURE) 120,695 149,022) 71.673 73,090 RECONCILIATION OF FUNDS Total funds brought fOard 238,782 118,247 357.029 283,939 TOTAL FUNDS CARRIED FORWARD 359.477 69,225 428.702 357.029 The notes form part of tl*se financial ststements Page S
The Manna House (Tamworthl C Balance Sheet 30 September 2024 30.9.24 Total funds 30.9.23 Total funds Unrestricted fund Restricted funds Notes FIXED ASSEtS Tangible a5setS Investments li 12 67.970 67.970 157,731 80,054 80.054 171,806 CURRENT ASSETS Debtors.. amounts falling due wthin one year Cash at bank and in hand 13 16,215 327,374 16.215 396,599 20,325 177,284 69.Z25 343.589 69.225 412,814 197,609 CREDITORS Amounts falling due within one year 14 164.1661 164.1661 112,3861 NET CURRENT ASS 279.423 69.2ZS 348,648 185,223 TOTAL ASSETS LESS CURRENT LIABILITIES 3YJrt77 69.225 428.702 357,D29 NET A55ETS 359,477 69,225 428.702 357.029 FUNDS Unrestrirted funds: General fund Restritted funds= Food bank Financial Inclusion Project Financial Inclusion Services 15 359,477 238.782 60,736 8.489 5S.077 31,750 31,420 69.225 118,247 TOTAL FUNDS 428,702 357,029 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024. The members have not required the company to obiain an audit of its financial statements for the year ended 30 Septefnber 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for lal ensuring that the charitable company keeps atcountinE records that cornply with Sections 386 and 387 of the Companies Act 2006 and preparing financial staternents which cive a true and fairview of the stste of affalrs of the charitable company as at the end of each financial year and of Its surplu5 or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requlrernents of the Companies Act 2006 relating to financial Statements, so far as appllcable to the charitable company. The financial statemènts were approved by the Board of Trustees and authori5ed for issue on 31 May 2025 and were signed on its behalf by= The notes form part of these financlal statements Page 6 continued...
The Manna House (Tamworthl Co. Balance Sheet- continued 30 September 2024 M P Wild - Trustee S Jonathan airman- Trustee The note5 form part of these financial statements Page 7
The fvlanna House ITamworthl Co. Cash Flow Statement forthe Year Ended 30 September 2024 30.9.24 30.9.23 Note5 Cash f lows from opeiating artivities Cash generated from operètion5 127,171 36.285 Net cash provided by operating activities 127.171 36,285 Cash flows Irom Investing a¢tivtties Sale of fixed asset investments Interest received 89.761 2,383 26,726 4.674 Net cash provided by investlng activities 92.144 31,400 Change in cash and osh equlvalents in the reportlng period Cash and cash equivalents at the beginning of the reportlng peiiod 219,315 67,685 177.284 109.599 Cash and cash equivalents at the end of the reportin£ period 396.599 177,284 The notes form part of these financial statements Page 8
The Manna House (Tamworthl Co. Notes to the Cash Fli>w Statement for the Year Ended 30 September 2024 RECONCILIATION OF NET INCOME TO NETCASH FLOW FROM OPERATING AcfiviTIES 30.9.24 30.9.23 Net Income for the reporting per*)d las per the Staternent of Finanaal Artlvltles) Adjustments for: Depretiation charges Interest received Decrease in debtors Increaselldecreasel in creditors 71,673 73,090 12,383} 4.110 51,780 14,6741 5,885 140.445) Net C05h provided by operations 127,171 36,285 ANALYSIS OF CHANGES IN NET FUNDS At 1.10.23 Cash flow At 30.9,24 Net cash Cash atbankand in hand 177.284 219.315 396.599 177.284 219,315 396,599 Total 177.284 219.315 396.599 The notes fomi part of these financial statements Page 9
The Manna House ITamworthl C Notes to the Financial Statement5 forthe Year Ended 30 September 2024 ACCOUNTING POLICIES Ba515 of preparlng the financlal statements The financial statements of the charitable company. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 1021 'Accounting and Reporting by Charities.. Statement of Recommended Practice licable to charities re arin their accounts in a and Republic of Ireland IFRS 1021 leffettive l January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Art 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. Income All income 15 recognised In the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the arnount can be measured reliably- Expenditure Liabilities are recognised as expenditure as soon as there 15 a legal or constructive obligation committlng the charity to that expenditure. it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that ag8re8ate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to artivities on a basis consistent with the use of resources. Tanglble fixed assets Depreciation Is provided at the following annual rate5 in order to write off each asset over its estimated useful life. Premises Refurb Fixtures and fittin85 Solar panels 25% on reducing balance 25% on reducing balance IO% on reducing balance Taxation The charity is exempt from corporation tax on its charitable actlvities. Fund accountin8 Unrestrirted funds can be used in accorthnce with the charit3ble obcti$ at th9 discr•tion of the trustees. Restrictsd funds can only be used for partKular restricted wrposes within the object5 of the charity. Restrittions arise when specified by the donor or when funds are raised for particular restrirted purposes. Further explanation of the nature and purpose of each fund is induded in the notes to the financial statement5. DONATIONS ANO LEGACIES 30.9.24 30.9.23 Oonations Grants 90,309 77,372 70,353 71,261 167,681 141.614 INVESTMENT INCOME 30.9.24 30.9.23 Deposit account interest 2,383 4.674 Page 10 continued...
The Manna House ITamworth) C Notes to the Financial Ststements- continued for the Year Ended 30 Seplember 2024 INCOME FRQM CHARITABLE ACTIVITIES 30.9.24 30.9.23 Actlvity Income Fees Financial inclusion project income Financial inclusion project service5 Miscellaneous income 554,731 425.073 Income Income Income 3.390 3.810 31.420 6,290 643,916 514,533 CHARITABLE ACTIVITIES COSTS Support costs Isee note 61 Direct Costs Totals Expenditure 741.197 I,iio 742,307 SUPPORT COSTS Governance costs Expenditure I,iio NET INCOMEIIEXPENDITUREI Net incomellexpenditurel is ststed after charg1{Crediting). 30.9.24 30.9.23 Oepreciation - owned assets 1.991 2,429 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefit5 for the year ended 30 September 2024 nor for the year ended 30 September 2023. Trustees. expense5 There were no twstee5' expense5 paid lor the year ended 30 September 2024 nor for the year ended 30 September 2023. STAFF COSTS The average monthly number of employees during the year was as follows= 30.9.24 30.9.23 Aijministration Nursery staff 21 18 28 25 No employees received emoluments in exces5 of £60.(W. Page 11 continued...
The Manna House ITamworth) Co. Notes to the Finaniial Staternents- continued for the Year Ended 30 September 2024 io. COMPARATIVES FOR THE STATEMENT OF FINANaAL AcfiviTIES Unrestritted fund Re5tritted funds Total funds INCOME AND ENDOWMENTS FROM Donations and le acies Charitable actlvities Income 431.363 83.170 514.533 Investment income 4,G74 4,674 Total 471,759 189,062 660,821 EXPENDITURE ON Charitable artivities Expenditure 450.348 137,383 587,731 NEf INCOME Tran51ers between funds 21.411 {10,3181 Sl,679 10,318 73,090 Net movement in funds 11.093 61,997 73.090 RECONCILIATION OF FUNDS Total funds brought f0Th4aTd 227.689 56.250 283,939 TOTAL FUNDS CARRIED FORWARD 238.782 118,247 357,029 ii. TANGIBLE FIXED ASSETS Fixtures and fittings Premises Refurb Solar panels Totals COST At i October 2023 and 30 September 2024 21.896 22,840 85,164 DEPRECIATION At l October 2023 Charge for year 3Q683 936 21.754 36 12,652 1,019 71,089 1,991 At 30 September 2024 37,619 21,790 13.671 73,080 NET BOOK VALUE Al 30 September 2024 2A09 106 9,169 12,084 At 30 September 2023 3.745 142 10,188 14,075 Page 12 continued...
The Manna House (Tèrnworthl Co. Notes to the Financlal Ststements- continued lor the Year Ended 30 September 2024 12. INVESTMENT- EUM BANK 30.9.24 30.9.23 Other 67,970 157.731 There were no investment assets outside the UK. Inve5trnents (neither listed Trjr unlisted? were as follows= 30.9.24 30.9.23 Investment- Elim Bank 67,970 157,731 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.9.24 30.9.23 Other debtors Prepayments and accrued income 1.890 14,325 i.ooo 19.325 16.215 20,325 14. CREDITORS: AMOUNTS FALUNG DUÉ WITHIN ONE YEAR 30.9.24 30.9.23 Other creditors Accruals and deferred income ii,a06 52.860 11,306 64.166 12,386 15. MOVEMENT IN FUNDS Net movement in funds At 1.10.23 At 30.9.24 Unwestrirted funds General fund 238,782 120,695 359.477 Restrltted funds Food bank Financial Inclusion Project Financial Inclusion Services SS,077 31.750 31A20 5,659 123,2611 131,4201 60.736 8,489 118.247 149,022) 69.225 TOTAL FUNDS 357.029 71,673 428.702 Page 13 continued...
The Manna House IT•rnworthl Co. Notes to the Financial Statements- continued for the Year Ended 30 September 2024 15. MOVEMENT IN FUNDS- ront•nued Net movement in funds, included in the above are as follows: Incoming Resources Movement Unrestricted funds General fund 656,853 1536,1581 120.695 Re5trirted lunds Food bank Financial Inclusion Projert Financial Inclusion SeNice5 157.126 {151,4671 {23.2621 (31,4201 5,659 {23.2611 (31.4201 157.127 1206.1491 (49,0221 TOTAL FUNDS 813,980 (742,307) 71.673 Comparatives for movement in fund5 Net movement in funds Transfers between funds At 1.10.22 At 30.9.23 Unrestricted funds General fund 227,689 21.411 110.3181 238.782 Restricted funds Food bank Coffee Shop Coun5elling seiCe$ Financlal Inclusion Projett Financial Inclusion Services 56,250 11.1731 18.2941 12.0241 31.750 31.420 55.077 8.294 2,024 31,750 31,420 S6,250 51.679 10.318 118,247 TOTAL FUNDS 283.939 73.090 357,029 Comparative net movement in funds. included in the above are as follows= Incorning resources Resources expended Movernent in fund5 Unrestrlcted fund5 General fund 471,759 1450.3481 21.411 Restritted funds Food bank Coffee Shop Coun5elling SeNices Financial Inclusion Project Financial Inclusion Services 105.099 643 150 51.750 31,420 (106,2721 18,937) 12,174) 120.000} {1,1731 18,2941 12,0241 31,750 31.420 189.062 1137,3831 51,679 TOTAL FUNDS 660.821 1587,7311 73,090 Page 14 continued...
The Manna House {Tamworthl Co. Notes tothe financial Statements- coniinued for the Year Ended 30 September 2024 16. RELATED PARfi DISCLOSURES There were no related party transattions for the year ended 30 Septernber 2024. Page 15
The Manna House ITamworthl Co. Oetailed Statement of Finanaal Activities forthe Year Ended 30 5eptwnber 2024 30.9.24 Total funds 30.9.23 Total fund5 Unrestricted funds Restricted funds INCOME AND ENDOWMENTS Oonations and le8acies Donations Grants 3,074 40,286 87,235 37.086 90.309 77,372 70,353 71,261 43.360 124,321 167,681 141.614 Investment income Deposit account interest 2.383 2.383 4,674 Charitable activities Fees Financial inclusion projert irKome Financial inclusion project servite5 Miscellaneous income 554,731 5L750 890 3.739 554.731 81.98S 3,390 3,810 425.073 51.750 31.420 6,290 30,235 2,500 71 611.110 32.806 643,916 514,533 Total incoming resources 656,853 IS7,127 813,980 660.821 EXPENDITURE Charitable activities Salzries Food Premises costs UtTrlities Resources and activities Advertising Travel and transport costs Supervision costs Trainine Other direct cost5 Rent and service charges Computer and 50ftware Insurance Depreciation Office expenses Other sUPPOrt costs Gifts and donations Financial inclusion expenses 365,020 24,054 57,438 32,237 I157 24 87,256 22.456 21.597 S,777 9.806 452.276 46,510 79,035 38.014 21,463 24 1,170 llo i.iii 630 40.004 3,846 2.429 1,991 6,994 1,748 4.072 39.760 395,611 32,022 26,628 33,740 9,783 362 860 540 1,440 1,405 40,004 3,943 2,413 2,429 10,253 902 3,866 20,000 1.168 996 115 200 10.500 1.836 749 2.010 1.680 1.991 1281 L541 4,063 4.713 207 39,760 535.048 206,149 74L197 586.201 Support Costs Govemance costs Independent examiner i.iio i.iio 1,530 Total resources expended 536,158 2.149 742.307 587,731 et income 120,695 (49,022) 71,673 73,090 This page doe5 not form part of the 5tstutory financial statements Page 16