Manningham Project Limited
Charity number 1103020
A company limited by guarantee number 04481358
Annual Report and Financial Statements
for the year ended 31 March 2021
Manningham Project Limited
Annual Report and Financial Statements for the year ended 31 March 2021
| Contents | Page |
|---|---|
| Trustees' report | 2 to 5 |
| Examiner's report | 6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 |
| Notes to the accounts | 9 to 13 |
Prepared by West Yorkshire Community Accounting Service
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Manningham Project Limited
Trustees' report for the year ended 31 March 2021
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates
Position Dates Martin Carter Chair Christine Dawson Vice Chair Mollie Somerville Secretary Joanna Allan Treasurer Heather Grinter Bruce Barnes Catherine Milford
Charity number 1103020 Registered in England and Wales Company number 04481358 Registered in England and Wales Registered and principal address Bankers 203 Lumb Lane Unity Trust Bank Bradford 9 Brindley Place BD8 7SG Birmingham B1 2HB
Independent examiner
Rhys North ACA West Yorkshire Community Accounting Service Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is a company limited by guarantee and was formed on 9 July 2002. It is governed by a memorandum and articles of association. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £1.
Method of recruitment and appointment of trustees
The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.
The Management Committee notes a continuing need to refresh and expand its membership. An aim of the Committee's current strategic review includes finding new members, especially from within the local community.
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Manningham Project Limited
Trustees' report (continued) for the year ended 31 March 2021
Objectives and activities
The charity's objects
To promote the benefit of the inhabitants of Bradford covered by the postal districts of BD8 and BD9 and the neighbourhood thereof, (hereinafter called the "area of benefit") without distinction of sex, sexual orientation, race or of political, religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organisations in a common effort to advance education and to provide advice in the interest of social welfare with the objects of improving the conditions of life for the said inhabitants.
Establish or secure the establishment of a Centre (hereinafter called Manningham Project) and to maintain and manage the same, whether alone or in co-operation with any local authority or other person or body in furtherance of these objects.
The charity's main activities
Manningham Project has provided a free, confidential, comprehensive generalist advice service in the Manningham and Heaton area of Bradford since 1974. We work from our Lumb Lane advice centre and see clients here as well as in multiple outreach locations within the Bradford West area. Volunteers support the advice workers in our core building and enable clients to access computers and online services. We are able to provide a limited appeals service with the option to make referrals and have provided small group courses on topics of help to local residents, such as money management skills.
We have recently introduced a new self-sufficiency coaching service with the aim of helping clients to find solutions to longer term problems that may contribute to their various needs for advice service support.
Public benefit statement
In setting our objectives and planning our activities our trustees have given serious consideration to the Charity Commission’s general guidance on public benefit. In particular we work for the prevention and relief of poverty and the relief of those in need due to financial hardship or other disadvantage through the provision of advice and other practical assistance. This service is available free of charge to all residents of our area of benefit.
Achievements and performance
Advice Services
Manningham Project's advice services were supported throughout the year by three continuing sources of funding. The largest contribution was our contract with Citizens Advice Bradford, funded by Bradford Metropolitan District Council, although this began with a funding reduction to provide twelve advice session per week compared with fifteen throughout the previous year. Sessions were still provided at the Advice Centre in Lumb Lane and in outreach locations across our area of benefit. The grant awarded by the Henry Smith Charity supported a further five advice sessions per week and two more sessions each week were maintained by Bradford VCS Alliance.
The delivery of advice services was disrupted by the Covid-19 pandemic. Essential health precautions and compliance with government regulation led to two periods in which face-to-face meetings with clients were suspended, first from 23 March to 15 May 2020 and subsequently from 5 November 2020 until April 2021. Client advice continued during these periods by telephone and by online consultation.
Several organisations responded to the pandemic by offering additional Covid-19 related emergency funding. In July we were awarded a grant from the National Lottery Coronavirus Community Support Fund for "meeting the critical advice needs of clients" and in August we received a further grant from the Give Bradford Resilience Fund to support the delivery of ongoing work. Bradford Metropolitan District Council reversed the earlier reduction in the value of its contract and extended this provision to March 2022. The Council also provided additional funding to improve the use of communications and information technology in supporting clients.
These additional resources enabled us to provide 1,325 client appointments during the year resulting in securing £1,320,085 for clients and to stabilise £39,900 of debt.
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Manningham Project Limited
Trustees' report (continued) for the year ended 31 March 2021
Achievements and performance (continue)
Service Development
The grant received in January 2020 from National Lottery Awards-for-All has been used to support a process of service development intended to widening the scope of our work in order to help our clients achieve greater independence. Two external consultants were appointed and a survey of client needs undertaken followed by meetings with leading providers of services that we had identified as possible models for a new approach. Further discussions with clients and with staff led to the establishment of a pilot for a new service under the title of the Self-Reliance Programme. This uses a solution focused coaching approach to help clients to identify goals, to set themselves targets. Manningham Project provides support in developing the knowledge and skills for clients to achieve their goals. Training sessions for staff were undertaken and clients likely to benefit from this approach were identified. Active sessions with clients began in September but were suspended in November due to the re-introduction of Covid-19 restrictions. The service restarted in March 2021 and has since been expanded with the support of a further National Lottery grant.
We were awarded further funding for development by Give Bradford Resilience Fund and by Bradford Metropolitan District Council's Transformation fund. These grants provided consultancy support in preparing a new website which is to be launched in 2021-22 and for continuing advice on future fundraising.
Looking forward
Following the impact of the pandemic during 2020-21, Bradford Metropolitan District Council has extended our contract with Bradford Citizen's Advice until March 2023 so that Manningham Project's funding for 2021-22 is secure. We continue to develop plans for enlarging our service and we are working to raise funds to achieve this from 2022 onward. We also look forward to being able to respond to the Council's expected invitation to tender for advice services for the period from April 2023 onward.
Financial review
The net income for the year was £26,446, including net income of £30,122 on unrestricted funds and net expenditure of £3,676 on restricted funds, after transfers.
Manningham Project has a secure budget for 2021-22 based on the continuation of the contract with BMDC via CAB, now extended to March 2023 together with other supplementary grants. This position, combined with our level of available unrestricted reserves, gives the trustees confidence in believing the charity will remain a going concern for at least twelve months from the date that the accounts are approved.
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Manningham Project Limited
Trustees' report (continued) for the year ended 31 March 2021
Statement of trustees' responsibilities
The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.
Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and 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 have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity 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 Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.
Signed on behalf of the board of trustees on 24/11/2021
Martin Carter (Trustee)
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Manningham Project Limited
Independent examiner's report to the trustees of Manningham Project Limited
I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2021, which are set out on pages 7 to 13.
Responsibilities and basis of report
As the charity's trustees of the charitable 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 charitable 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 ('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 have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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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
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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
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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.
Rhys North ACA
29/11/21
West Yorkshire Community Accounting Service
Stringer House 34 Lupton Street Leeds LS10 2QW
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Manningham Project Limited
Statement of Financial Activities
(including summary income and expenditure account) for the year ended 31 March 2021
| Notes 2021 Unrestricted funds £ Income from: Grants and donations (2) 12,590 Sales and fees 94,698 Other income 339 Bank interest 30 Total income 107,657 Expenditure on: Salaries and on costs (3) 63,418 Training - Staff expenses 46 Rent and rates - Heat, light and water 1,825 Cleaning, repairs and maintenance 114 Printing, postage and stationery 1,133 Insurance 1,399 Telephone and broadband 1,977 Computer costs 578 Subscriptions 1,823 Other expenditure 1,451 Independent examination 840 Professional fees 2,965 Depreciation 2,645 Fuel top-ups 160 Grant repayment - Grant payment - Bank charges 111 Total expenditure 80,485 Net income / (expenditure) 27,172 Transfers between funds 2,950 Net movement in funds 30,122 Fund balances brought forward 79,616 Fund balances carried forward (4) 109,738 |
2021 Restricted funds £ 73,430 - - - 73,430 55,808 - - 7,650 - 21 150 - - 660 - - - 9,867 - - - - - 74,156 (726) (2,950) (3,676) 21,353 17,677 |
2021 Total funds £ 86,020 94,698 339 30 181,087 119,226 - 46 7,650 1,825 135 1,283 1,399 1,977 1,238 1,823 1,451 840 12,832 2,645 160 - - 111 154,641 26,446 - 26,446 100,969 127,415 |
2020 Total funds £ 68,977 103,651 1,751 81 174,460 116,107 240 1,228 8,375 2,366 778 1,604 1,323 2,118 1,495 2,120 277 780 2,633 1,907 320 1,000 1,000 91 145,762 28,698 - 28,698 72,271 100,969 |
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
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Manningham Project Limited
Balance sheet
| as at 31 March 2021 2021 Unrestricted £ Fixed assets Tangible assets (5) 2,212 Total fixed assets 2,212 Current assets Debtors and prepayments (6) 8,125 Cash at bank and in hand (7) 101,536 Total current assets 109,661 Current liabilities: amounts falling due within one year Creditors and accruals (8) 2,135 Total current liabilities 2,135 Net current assets / (liabilities) 107,526 Net assets 109,738 Funds Unrestricted funds 109,738 Restricted funds - Total funds 109,738 |
2021 Restricted £ - - 2,950 27,301 30,251 12,574 12,574 17,677 17,677 - 17,677 17,677 |
2021 Total £ 2,212 2,212 11,075 128,837 139,912 14,709 14,709 125,203 127,415 109,738 17,677 127,415 |
2020 Total £ 1,907 1,907 8,396 92,938 101,334 2,272 2,272 99,062 100,969 79,616 21,353 100,969 |
|---|---|---|---|
For the year ending 31 March 2021 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).
The financial statements were approved by the board of trustees on 24/11/2021
Martin Carter (Trustee)
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Manningham Project Limited
Notes to the accounts
for the year ended 31 March 2021
1 Accounting policies
Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.
Going concern
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
Incoming resources
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
Grants and donations
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
Expenditure and liabilities
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Tangible fixed assets
Tangible fixed assets costing more than £1,000 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Fixtures and fittings: Over 5 years straight line Improvements to leasehold property: Over the life of the lease Computer equipment and software: over 4 years
Pensions
The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.
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Manningham Project Limited
Notes to the accounts continued
for the year ended 31 March 2021
1 Accounting policies (continued)
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
Leases
Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.
| 2 Grants and donations National Lottery Community Fund (NLCF) The Henry Smith Charity Give Bradford - Leeds Community Foundation Bradford Metropolitan District Council (BMDC) Absolute Return for Kids (Ark) Awards for All Donations 3 Staff costs and numbers Gross salaries Social security costs Employment allowance Pensions Payroll charges |
2021 Unrestricted funds £ - - - 10,000 - - 2,590 12,590 |
2021 Restricted funds £ 19,780 29,200 9,850 14,600 - - - 73,430 |
2021 Total funds £ 19,780 29,200 9,850 24,600 - - 2,590 86,020 2021 £ 111,296 8,058 (4,000) 3,062 810 119,226 |
2020 Total funds £ - 48,100 - 10,212 500 9,900 265 68,977 2020 £ 107,577 7,404 (3,000) 3,095 1,031 116,107 |
|---|---|---|---|---|
The average number employees during the year was 7.5, being an average of 4.1 full time equivalent (2020: 7.6, 4.1 FTE). There were no employees with emoluments above £60,000.
| Defined contribution pension scheme | 2021 | 2020 |
|---|---|---|
| £ | £ | |
| Costs of the scheme to the charity for the year | 3,062 | 3,095 |
| Amount of any contributions outstanding at the year end | - | - |
| Amount of any contributions prepaid at the year end | - | - |
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Manningham Project Limited
Notes to the accounts continued
for the year ended 31 March 2021
| 4 Restricted funds Sovereign Health ARK BMDC Building Grant BMDC IT Grant Henry Smith Fund Awards for All NLCF Covid-19 Response Fund Give Bradford - Resilience Fund BMDC Transformation Fund |
Balance b/f £ 250 500 21 - 13,315 7,267 - - - 21,353 |
Incoming £ - - 7,650 2,950 29,200 - 19,780 9,850 4,000 73,430 |
Outgoing £ - - 7,671 - 34,628 2,667 17,040 9,850 2,300 74,156 |
Transfers £ - - - (2,950) - - - - - (2,950) |
Balance c/f £ 250 500 - - 7,887 4,600 2,740 - 1,700 17,677 |
|---|---|---|---|---|---|
Purpose of restriction
Fund name
Sovereign Health Repair to the disabled ramp access. ARK For funding of advice related publications. BMDC Building Grant Towards building costs BMDC IT Grant
Towards improving the use of communications and information technology in supporting clients. The transfer relates to the capitalisation of IT equipment which is for the general use of the charity
Henry Smith Fund Awards for All
For funding of advice sessions and running costs. For developing the charity as an agent for change.
NLCF Covid-19 Response Fund To support local communities through COVID-19 crisis.
Give Bradford - Resilience Fund For delivering ongoing work and core costs for planning and development. BMDC Transformation Fund To develop communication strategy, web presence and provide consultation to support work.
5 Tangible assets
| Tangible assets Cost At 1 April 2020 Additions At 31 March 2021 Depreciation At 1 April 2020 Charge for year At 31 March 2021 Net book value At 31 March 2021 At 31 March 2020 |
£ 4,014 2,950 6,964 4,014 738 4,752 2,212 - Computer equipment and Software |
£ 15,535 - 15,535 13,628 1,907 15,535 - 1,907 Equipment, Fixtures and fittings |
Total £ 19,549 2,950 22,499 17,642 2,645 20,287 2,212 1,907 |
|---|---|---|---|
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Manningham Project Limited
Notes to the accounts continued
for the year ended 31 March 2021
| 6 Debtors and prepayments Debtors Prepayments 7 Cash at bank and in hand Cash at bank Cash in hand 8 Creditors and accruals Creditors Accruals |
2021 £ 11,075 - 11,075 2021 £ 128,652 185 128,837 2021 £ 13,633 1,076 14,709 |
2020 £ 8,125 271 8,396 2020 £ 92,801 137 92,938 2020 £ 1,211 1,061 2,272 |
|---|---|---|
9 Related party transactions
Trustee expenses
No trustee received any expenses during this year or the previous year.
Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
Remuneration and benefits received by key management personnel
The key management personnel of the charity include the trustees and Co-ordinator. The total employee benefits received by the Coordinator were £43,436 (previous year: £37,018).
No trustee received any remuneration or benefit in this capacity during this or the previous year.
10 Operating leases
| Within one year In the second to fifth years inclusive Expected future minimum lease payments over the remaining life of the lease, analysed into the period in which the commitment falls due: |
2021 £ 791 654 1,445 |
2020 £ 810 1,481 2,291 |
|---|---|---|
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Manningham Project Limited
Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2021
| 2021 2020 Unrestricted Unrestricted funds funds £ £ Income Grants and donations 12,590 265 Sales and fees 94,698 103,651 Other income 339 751 Bank interest 30 81 Total income 107,657 104,748 Expenditure Salaries and on costs 63,418 78,721 Training - 240 Staff expenses 46 1,228 Rent and rates - - Heat, light and water 1,825 551 Cleaning, repairs and maintenance 114 778 Printing, postage and stationery 1,133 1,604 Insurance 1,399 1,323 Telephone 1,977 2,118 Computer costs 578 1,495 Subscriptions 1,823 2,120 Other expenditure 1,451 277 Independent examination 840 780 Professional fees 2,965 - Depreciation 2,645 1,907 Fuel top-ups 160 320 Grant repayment - - Grant payment - - Bank charges 111 91 Total expenditure 80,485 93,553 Net income / (expenditure) 27,172 11,195 Transfers between funds 2,950 - Net movement in funds 30,122 11,195 Fund balances brought forward 79,616 68,421 Fund balances carried forward 109,738 79,616 |
2021 Restricted funds £ 73,430 - - - 73,430 55,808 - - 7,650 - 21 150 - - 660 - - - 9,867 - - - - - 74,156 (726) (2,950) (3,676) 21,353 17,677 |
2020 Restricted funds £ 68,712 - 1,000 - 69,712 37,386 - - 8,375 1,815 - - - - - - - - 2,633 - - 1,000 1,000 - 52,209 17,503 - 17,503 3,850 21,353 |
2021 Total funds £ 86,020 94,698 339 30 181,087 119,226 - 46 7,650 1,825 135 1,283 1,399 1,977 1,238 1,823 1,451 840 12,832 2,645 160 - - 111 154,641 26,446 - 26,446 100,969 127,415 |
2020 Total funds £ 68,977 103,651 1,751 81 174,460 116,107 240 1,228 8,375 2,366 778 1,604 1,323 2,118 1,495 2,120 277 780 2,633 1,907 320 1,000 1,000 91 145,762 28,698 - 28,698 72,271 100,969 |
|---|---|---|---|---|
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