The Tree of Life Centre Wythenshawe Financial Statements For the year ended 31 December 2023 Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 The Tree of Life Centre Wythenshawe Financial Statements ## For the year ended 31 December 2023 Charity Commission Reference - 1099847 Company Number: 4759646 Financial Statements for the Year ended 31 December 2023 Huddart Accountants 1 The Tree of Life Centre Wythenshawe Financial Statements For the year ended 31 December 2023 Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 2 The Tree of Life Centre Wythenshawe Financial Statements Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 ## For the year ended 31 December 2023 3 The Tree of Life Centre Wythenshawe Financial Statements For the year ended 31 December 2023 Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 4 For the year ended 31 December 2023 The Tree of Life Centre Wythenshawe Financial Statements Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 5 The Tree of Life Centre Wythenshawe Financial Statements Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 ## For the year ended 31 December 2023 6 The Tree of Life Centre Wythenshawe Financial Statements For the year ended 31 December 2023 Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 7 The Tree of Life Centre Wythenshawe Financial Statements For the year ended 31 December 2023 Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 8 The Tree of Life Centre Wythenshawe Financial Statements For the year ended 31 December 2023 Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 9 The Tree of Life Centre Wythenshawe Financial Statements ## For the year ended 31 December 2023 Charity Commission Reference - 1099847 Company Number: 4759646 Financial Statements for the Year ended 31 December 2023 Huddart Accountants 10 The Tree of Life Centre Wythenshawe Financial Statements ## For the year ended 31 December 2023 Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 11 The Tree of Life Centre Wythenshawe Financial Statements ## For the year ended 31 December 2023 Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 12 The Tree of Life Centre Wythenshawe Financial Statements ## For the year ended 31 December 2023 Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 13 The Tree of Life Centre Wythenshawe Financial Statements For the year ended 31 December 2023 Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 14 The Tree of Life Centre Wythenshawe Financial Statements ## For the year ended 31 December 2023 Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 15 The Tree of Life Centre Wythenshawe Financial Statements ## For the year ended 31 December 2023 Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 16 The Tree of Life Centre Wythenshawe Financial Statements ## For the year ended 31 December 2023 Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 17 The Tree of Life Centre Wythenshawe Financial Statements For the year ended 31 December 2023 Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 18 The Tree of Life Centre Wythenshawe Financial Statements For the year ended 31 December 2023 Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 19 The Tree of Life Centre Wythenshawe Financial Statements For the year ended 31 December 2023 ## **The Tree of Life Centre Wythenshawe Trustees and Directors Report For the year ended 31 December 2023** ## **DIRECTORS RESPONSIBILITIES** The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing those financial statements, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the 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 company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **SMALL COMPANY PROVISIONS** This report has been prepared in accordance with the special provisions for small companies of the Companies Act 2012. ## **ON BEHALF OF THE BOARD** ## **Eula Mesquita - Board Chair** **Date: 19[th] April 2024** Charity Commission Reference - 1099847 Company Number: 4759646 Financial Statements for the Year ended 31 December 2023 Huddart Accountants 20 Financial Statements ## The Tree of Life Centre Wythenshawe ## For the year ended 31 December 2023 ## **Independent Examiner’s Report to the Trustees of The Tree of Life Centre Wythenshawe** I report to the charity trustees on my examination of the accounts of the company for the year ended 31 December 2022 which are set out on pages 12 to 21. ## **Responsibilities and basis of report** As the charity trustees of the company, who are also the Directors of the company 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** I confirm that I am qualified to undertake the examination because I am a member of the ICAEW of England and Wales. 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: - accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or - the accounts do not accord with these 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 accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting in the UK - (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 should be drawn in this report to enable a proper understanding of the accounts to be reached. Name: 21 Charity Commission Reference - 1099847 Company Number: 4759646 Financial Statements for the Year ended 31 December 2023 Huddart Accountants |**The Tree of Life Centre Wythenshawe**|**The Tree of Life Centre Wythenshawe**|||||| |---|---|---|---|---|---|---| |**Statement of Financial Activities**|||**For the year**||**ended 31 December 2023**|| |||**Unrestricted**|**Restricted**||**2023**|2022| |||**Funds**|**Funds**||**Total Funds**|Total Funds| ||**Notes**|**£**|**£**||**£**|£| |**Income from:**||||||| |Donations|2|14,436||-|**14,436**|11,160| |**Charitable activities**:||||||| |Grants received|3|14,000|189,353||**203,353**|241,631| |Other trading activities|4|311,098||-|**311,098**|250,413| |Investment income|5|6,772||-|**6,772**|3,402| |**Total income**||346,306|189,353||**535,659**|506,606| |**Expenditure on:**||||||| |Charitable activities|6|343,589|189,353||**532,942**|493,899| |**Net income/(expenditure) and net**||||||| |**movements of funds for the year**||2,717||-|**2,717**|12,707| |**Reconciliation of funds**||||||| |Total funds brought forward at||503,440|898||**504,338**|491,631| |1 January 2023||||||| |Total funds carried forward at||||||| |**31 December 2023**||506,157|898||**507,055**|504,338| ## **Continuing Operations** The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. ## **Total Recognised Gains and Losses** The Charity has no recognised gains or losses other than those above for the two financial years. **The notes on pages 22 to 31 form an integral part of the financial statements** Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 22 |**The Tree of Life Centre Wythenshawe**||||||| |---|---|---|---|---|---|---| |**Balance Sheet**||||**As at 31 December 2023**||| ||||**2023**|||2022| ||**Note**|**£**||**£**|**£**
£|£| |**Fixed Assets**||||||| |Tangible fixed assets|7|||**9,031**||18,870| |**Current Assets**||||||| |Debtors|8|**40,586**|||7,647|| |Cash at bank and in hand||**471,150**|||507,357|| |||**511,736**|||515,004|| |**Creditors: Amounts falling due within**||||||| |**one year**|9|**13,712**|||29,536|| |**Net Current Assets**|||**498,024**|**498,024**||485,468| |**Total assets less current liabilities**|||**507,055**|**507,055**||504,338| |**The funds of the Charity:**||||||| |Unrestricted funds|11|||**506,157**||503,440| |Restricted funds|12|||**898**|**898**|898| |Total funds||||**507,055**||504,338| The Directors are satisfied that the Company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the period by virtue of section 477, and that no member or members have requested an audit pursuant to section 476 of the Act. The Directors acknowledge their responsibilities for: - (i) Ensuring that the Company keeps adequate accounting records which comply with section 386 of the Act and - (ii) Preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit or loss for the financial period in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Act relating to financial statements, in so far as applicable to the company. These financial statements have been prepared in accordance with the special provisions for small companies under part 15 of the Companies Act 2006. ## **Approved by the Trustees and signed on their behalf by:** **……………………………………………………** ## **Eula Mesquita – Chairperson** ## **Date: 19[th] April 2024** Charity Commission Reference - 1099847 Company Number: 4759646 23 Financial Statements for the Year ended 31 December 2023 Huddart Accountants **The Tree of Life Centre Wythenshawe** **Notes to the Financial Statements For the year ended 31 December 2023** ## **1. Accounting policies** ## **Basis of Accounting** 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) (effective 1 January 2015) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. ## **Tangible Fixed Assets** All fixed assets are initially recorded at cost. ## **Depreciation** Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Fixtures & fittings - 15% straight line Motor vehicles - 25% straight line Computer equipment - 33 1/3% straight line ## **Income** Grants and donations are included in the Statement of Financial Activities (SOFA) in the period to which they relate. Grants and funding received in advance are deferred and included within creditors until the period to which they relate. 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. Charity shop takings are recognised as they are earned. ## **Investment Income** Investment income is recorded in the SOFA when receivable. This is normally upon notification of the interest paid or payable by the bank. ## **Expenditure** Expenditure on the Charity’s activities is included in the accounts on an accruals basis and is stated net of any recoverable VAT. The Charity is registered for VAT. ## **Restricted Funds** Amounts received from donors for specific purposes are recorded as restricted funds. ## **Taxation** The Charity is a registered Charity and is exempt from taxation on its income and expenditure. ## **Pensions** The Charity operates a pension scheme for the employees. The pension is a National Employment Savings Trust and the Charity contributes 3% of the gross salary. Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 24 **The Tree of Life Centre Wythenshawe** **For the year ended 31 December 2023** ## **Notes to the Financial Statements** ## **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 on a transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at an amortised cost using the effective interest method. ## **Debtors** Debtors include amounts owed to the Charity for the provision of goods and services or amounts the charity has paid in advance for the goods and services it will receive. Debtors also include amounts receivable on grant funding to which the charity is entitled. ## **Creditors** Creditors are normally recognised at their settlement date and amount **.** Creditors includes grants received in advance of the period to which they relate. ## **Support Costs** These are costs that assist the work of the charity but do not directly undertake charitable activities. Support costs include finance, personnel, payroll and governance costs. ## **Preparation of the Accounts on the Going Concern Basis.** The Trustees are confident that there are no material uncertainties about the charity’s ability to continue. On this basis the financial statements have been prepared on a going concern basis. ## **Limited By Guarantee** The Charity is a company limited by guarantee which is an alternative form of company entity to the usual one of share capital; its members being guarantors rather than shareholders. The liability of each member is limited to £1, being the amount, each member undertakes to contribute to the assets of the Charity in the event of it being wound up while he or she is a member. ## **Related Party Transactions** There were no related party transactions during the year. Charity Commission Reference - 1099847 Company Number: 4759646 Financial Statements for the Year ended 31 December 2023 Huddart Accountants 25 |**The Tree of Life Centre Wythenshawe**
**Notes to the Financial Statements**
**Unrestricted**
**Funds**
**£**
**2. Income from Donations**
Donations
14,436
14,436
**3. Income from charitable activities:**
**Grants received**
Wythenshawe Housing Group
-
Lottery Funding
-
Manchester City Council - Opens
-
NHS
Procure Plus
Sainsbury
Household Support Fund
-
9,000
500
-
Kick Start
-
Be Well
2,500
Manchester Work and Skills
-
Manchester BME
-
One Manchester
-
NIF
-
LIF Co Living
-
Unitarian
2,000
CAHN
-
The Big Life
-

**Total grants received**
14,000
**4**.**Other income received**
Charity shop takings
286,184
Other income
**Total other income received**
24,914
311,098
**5. Investment Income**
Corporate Guaranteed Investment
6,772
6,772
**Total Income Received**
**346,306**|**For the year ended 31 December 2023**
**Restricted**
**Funds**
**£**
**2023**
**Total Funds**
**£**
2022
Total Funds
£
-
**14,436**
11,160
-
**14,436**
11,160
5,000
**5,000**
5,500
34,000
**34,000**
-
17,320
**17,320**
133,315
-
-
-
53,100
**-**
**9,000**
**500**
**53,100**
2,100
4,000
-
21,970
-
**-**
18,854
-
**2,500**
-
7,000
**7,000**
8,000
-
**-**
500
69,333
**69,333**
25,692
3,600
**3,600**
-
-
**-**
5,000
-
**2,000**
1,700
-
**-**
5,000
_______-
**______-**
10,000
189,353
**203,353**
241,631
-
**286,184**
236,214
-
-
**24,914**
**311,098**
14,199
250,413
-
-
**6,772**
**6,772**
3,402
3,402
**189,353**
**535,659**
506,606| |---|---| ||
| ||| ||| ||| ||| Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 26 ## **The Tree of Life Centre Wythenshawe** ## **Notes to the Financial Statements For the year ended 31 December 2023** |**Unrestricted**
**Funds**
£
**6. Charitable Activities**
Services provided
9,696
Purchases
2,073
Wages, salaries & pension
239,584
Rent, rates and water
10,981
Light and heat
20,021
Insurance
1,148
Telephone
2,312
Postage & stationery
867
Advertising
1,958
Motor expenses
15,719
Travelling/volunteer expenses
4,300
Depreciation
11,234
Repairs & maintenance
4,625
Legal & professional
5,694
Bank charges
8,518
Governance costs
1,200
Sundry expenses
3,659
**Total Expenditure**
343,589|**Restricted**
**Funds**
**£**
75,680
-
78,552
3,000
24,216
3,462
-
-
-
-
-
-
4,443
-
-
-
-
189,353||**2023**
**£**
2022
£
**85,376**
65,270
**2,073**
1,203
**318,136**
303,685
**13,981**
13,894
**44,237**
33,509
**4,610**
3,788
**2,312**
2,586
**867**
545
**1,958**
1,184
**15,719**
12,626
**4,300**
8,263
**11,234**
13,237
**9,068**
20,074
**5,694**
3,316
**8,518**
4,627
**1,200**
1,600
**3,659**
4,492
**532,942**
493,899| |---|---|---|---| ||||| Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 27 **The Tree of Life Centre Wythenshawe** **Notes to the Financial Statements For the year ended 31 December 2023** ## **7. Tangible fixed assets - Equipment, furniture, and fittings** |**Cost:**
1 January 2023
Additions
Disposals
At 31 December 2023
**Depreciation**
At 1 January 2023
Charge for the year
Depreciation on disposals
At 31 December 2023
Net book values
**At 31 December 2023**
At 31 December 2022
**8.**
**Debtors**
Prepayments/accrued income
VAT
**9.**
**Creditors – amounts falling due**
Accruals and sundry creditors
VAT
Other creditors
Deferred income|**Computer**
**£**
**Fixtures &**
**Fittings**
**£**
11,942
123,196
963
435
-
(28,759)
12,905
94,872
11,942
111,999
321
3,242
-
(28,758)
12,263
86,483
642
8,389

-
11,197

**within one year**|**Motor**
**Vehicles**
**£**
48,439
-
(13,500)
34,939
40,766
7,673
(13,500)
34,939
-
7,673
**2023**
**£**
**40,586**
**-**
**40,586**
**2023**
**£**
**10,720**
**537**
**2,456**
**-**
**13,712**|**Total**
**£**
**183,577**
**1,398**
**(42,259)**
**142,716**
**164,707**
**11,236**
**(42,258)**
**133,685**
**9,031**
18,870
2022
£
5,378
2,269
7,647
2022
£
10,320
-
1,895
17,320
29,535| |---|---|---|---| Charity Commission Reference - 1099847 Company Number: 4759646 Financial Statements for the Year ended 31 December 2023 Huddart Accountants 28 **The Tree of Life Centre Wythenshawe Notes to the Financial Statements For the year ended 31 December 2023** ## **10. Analysis of net assets between funds** |**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
Tangible fixed assets
-
9,031
Current assets
511,736
-
Less: Creditors amounts falling due within one
year
(5,579)
(8,133)

Net assets at 31 December 2023
506,157
898
**11.**
**Unrestricted funds**
**At**
**1 January**
**2023**
**£**
**Movement**
**during the**
**year**
**£**
**31**
Unrestricted funds are accounted for by:
506,440
(283)
**12.**
**Restricted funds**
**At**
**1 January**
**2023**
**£**
**Movement**
**during the**
**year**
**£**
**31**
Restricted funds are accounted for by:
898
(-)
||**Total**
**funds**
**£**
9,031
511,736
(13,712)
507,055
**At**
**December**
**2023**
**£**
506,157
**At**
**December**
**2023**
**£**
898| |---|---|---| Charity Commission Reference - 1099847 Company Number: 4759646 Financial Statements for the Year ended 31 December 2023 Huddart Accountants 29 **Notes to the Financial Statements** **For the year ended 31 December 2023** ## **13. Key Management Personnel** The Charity is run by the senior management team who are the Chief Executive Officer, Partnership Manager, the Office and Finance manager and the Operations Manager. They all receive a remuneration package but not more than £60,000 and they receive no additional employee benefits. ## **14. Analysis of the cost of Key Management Personnel** |Salaries and wages
Social security costs
Pension costs|**2023**
**£**
2022
£
**100,423**
98,268
**10,231**
10,102
**3077**
2,948
**113,731**
111,418| |---|---| ## **15. Analysis of staff costs including the cost of Key Management Personnel** |Salaries and wages
**16.**
**Staff numbers**
Full time
Part-time|**2023**
**£**
**318,135**
**2023**
**6**
**8**
**14**|2022
£
303,685
2022
7
8| |---|---|---| |||| |||15| Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants Company Number: 4759646 30 **The Tree of Life Centre Wythenshawe Notes to the Financial Statements For the year ended 31 December 2023** ## **Funders** ## **17. During the year, the following companies kindly donated funds:** **The Big Lottery – £34,000** **One Manchester** - **£69,333** **Manchester Work and Skills - £7,000** **Manchester City Opens** – **£17,320** which was brought forward from 2022 **Household Support Fund** - **£53.100** All the above donations were spent in 2023. **Monies were also donated from the following organisations during the year:** Procure Plus WCHG NIF Unitarian Be Well Sainsburys Company Number: 4759646 Charity Commission Reference - 1099847 Financial Statements for the Year ended 31 December 2023 Huddart Accountants 31