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|Trustees||N McArthur|MBE||
|---|---|---|---|---|
|||G Chisnall|||
|||F Cocker|||
|Charity|number|1106123|||
|Principal|offic|Hamilton
Davies House|||
|||1 17c Liverpool Road|||
|||Cadis head|||
|||Manchester|||
|||M44 5BG|||
|Auditor||Champion|Accountants|LLP|
|||1 Worsley Court|||
|||High Street|||
|||Worsley|||
|||Manchester|||
|||M28 3NJ|||
|Bankers||National
Westminster||Bank Pic|
|||11 Spring|Gardens||
|||Manchester|||
|||M60 2DB|||
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|||Page|
|---|---|---|
|Trustees'
report||1-3|
|Statement
of trustees'|responsibilities||
|Independent
auditor's|report|5-8|
|Statement
of financial|acfivtfies||
|Balance sheet||to|
|Statement
of cash flows|||
|Notes to the financial|statements|12-22|
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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2022|2022||2021|2021|2021|
|||Notes|E|E'|||E|E|
|Donations
and|legacies||24,477||24,477|35,747||35,747|
|Charitable
activities|||50,808||50,808|21,992||21,992|
|Investments|||23,743||23,743|56,649||56,649|
|Other income|||21,680||21,680|96,215||96,215|
|Total income|||120,708||120,708|210,603||210,603|
|Ettttttn(IIIttrtb3)tb|||||||||
|Charitable
activities|||793,129|3,812|796,941|454,170|1,886|456,056|
|Net gains/(losses)||on|||||||
|investments||12|26,319||26,319|952,677||952,677|
|Net movement|In|funds|(646,102)|(3,812)|(649,914)|709,110|(1,886)|707,224|
|Fund balances|at 6April 2021||3,246,256|34,211|3,280,467|2,537,146|36,097|2,573,243|
|Fund balances|at|5 April|||||||
|2022|||2,600,154|30,399|2,630,553|3,246,256|34,211|3,280,467|
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|||||||||2022||2021||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Notes|f|||6||
|Fixed assets||||||||||||
|Tangible assets||||||13|||10,434||4,494|
|Investments||||||14|||2,749,364||3,627,463|
||||||||||2,759,798||3,631,957|
|Current assets||||||||||||
|Stocks||||||16|258|||345||
|Debtors||||||17|65,644|||59,569||
|Cash at bank||and|in|hand|||92,273|||47,684||
||||||||158,175|||107,598||
|Creditors:|amounts|||fafilng|due within|||||||
|one year||||||19|(287,420)|||(459,088)||
|Net current|liabilities||||||||(129,245)||(351,490)|
|Total assets||less|current||liabilities||||2,630,553||3,280,467|
|Income funds||||||||||||
|Restricted|funds||||||||30,399||34,211|
|Unrestricted||funds|||||||2,600,154||3,246,256|
||||||||||2,630,553||3,280,467|
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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|||F||
|Cash flows from operating||activities||||||
|Cash absorbed
by operations|||23||(703,524)||(311,072)|
|Investing
activities||||||||
|Purchase
of tangible
fixed assets||||(8,380)||(4,261)||
|Purchase of investments||||(366,998)||(210,257)||
|Proceeds on disposal of|investments|||1,271,416||383,533||
|Investment
income received||||23,743||56,649||
|Net cash generated
from|investing|||||||
|activities|||||919,781||225,664|
|Net cash used
In financing||activities||||||
|Net Increase/(decrease)|in|cash and cash||||||
|equivalents|||||216,257||(85,408)|
|Cash and cash equivalents||at beginning|ofyear||(411,404)||(325,996)|
|Cash and cash equivalents||at end of|year||(195,147)||(411,404)|
|Relating to:||||||||
|Cash at bank and
in hand|||||92,273||47,684|
|Bank overdraRs
included
in||creditors||||||
|payable
within one year|||||(287,420)||(459,088)|
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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022|2021|
||||||f|
|Donations|and gifts|||24,477|35,747|
|Donations|and|gifts||||
|Donations||||24,477|35,747|
|||||24,477|35,747|
|Charitable|activities|||||
|||||2022|2021|
|||||E|f|
|Sales within|charitable||activifies|87||
|Charitable|rental|income||50,721|21,992|
|||||50,808|21,992|
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|5|Investments|Investments|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2022|2021|
||Income|from||listed Investments|||||23,730|56,614|
||Interest|receivable|||||||13|35|
||||||||||23,743||
|6|Other|Income|||||||||
||||||||||Unrestricted|Unrestricted|
||||||||||funds|funds|
||||||||||2022|2021|
||||||||||E|E|
||Coronavirus|||Job Retention||Scheme|||21,680|96,215|
|7|Charitable||activities||||||||
||||||||Grant|Share ot|Total|Total|
||||||||funding|governance|2022|2021|
|||||||||costs|||
|||||||||f|||
||Grant funding|||of activities (see note 8)|||566,224||566,224|230,625|
||Share of governance||||costs|(see note 9)||230,717|230,717|225,431|
||||||||566,224|230,717|796,941|456,056|
|8|Grants|payable|||||||||
||||||||||2022|2021|
||||||||||E|E|
||Grants|to institutions:|||||||||
||Other||||||||562,412|228,739|
||Grants|to individuals|||||||3,812|1,886|
||||||||||566,224|230,625|
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|9|Support costs||||
|---|---|---|---|---|
|||Governance|2022|2021|
|||costs|||
|||E|||
||Staff costs|116,390|116,390|100,723|
||Depreciation|2,440|2,440|480|
||Audit fees|5,160|5,160|4,800|
||Legal and professional|12,178|12,178|7,345|
||General offic|13,981|13,981|9,435|
||Subcontractors|35,247|35,247|56,785|
||Interest
paid|6,282|6,282|7,273|
||Premises
costs|39,039|39,039|38,590|
|||230,717|230,717|225,431|
||Analysed
between||||
||Charitable
activities|230,717|230,717|225,431|
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|||2022|2021|
|---|---|---|---|
|||Number|Number|
|Employment|costs|2022|2021|
|||6|6|
|Wages and salaries||100,613|89,143|
|Social security|costs|2,454|1,347|
|Other pension|costs|13,323|10,233|
|||116,390|100,723|
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|||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|
|||||||funds|funds|
|||||||2022f|2021f|
||Revaluation
of investments|||||(21,619)|667,991|
||Gain/(loss)
on||sale of|investments||47,938|284,686|
|||||||26,319|952,677|
|13|Tangible|fixed assets||||||
||||||Plant and|Fixtures and|Total|
||||||aqutpmantf|fittingsf||
||Cost|||||||
||At 6April|2021|||35,521|14,397|49,918|
||Additions||||8,380||8,380|
||Disposals||||(11,915)||(11,915)|
||At 5April|2022|||31,986|14,397|46,383|
||Depreciation||and Impairment|||||
||At 6April|2021|||31,268|14,156|45,424|
||Depreciation
charged|||in the year|2,382|58|2,440|
||Eliminated|in respect of disposals|||(11,915)||(11,915)|
||At 5April|2022|||21,735|14,214|35,949|
||Carrying|amount||||||
||At 5April|2022|||10,251|183|10,434|
||At 5April|2021|||4,253|241|4,494|
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|14|Fixed asset investments|Fixed asset investments|Fixed asset investments|Fixed asset investments|||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Listed|Cash in|Total|
|||||||||Investments|porffollo||
|||||||||f'|||
||Cost or valuation||||||||||
||At 6April|2021||||||2,495,114|1,132,349|3,627,463|
||Additions|||||||366,998||366,998|
||Valuation|changes||||||(21,619)||(21,619)|
||Disposals|||||||(155,347)|(1,068,131)|(1,223,478)|
||At 5April|2022||||||2,685,146|64,218|2,749,364|
||Carrying|amount|||||||||
||At 05April|2022||||||2,685,146|64,218|2,749,364|
||At 05 April|2021||||||2,495,114|1,132,349|3,627,463|
|15|Financial|Instruments|||||||2022f|2021f|
||Carrying|amount|of|financial||assets|||||
||Instruments|measured||at|fair|value through|profit or loss||2,685,146|2,495,114|
|16|Stocks||||||||||
||||||||||2022|2021|
|||||||||||E|
||Raw materials
and consumables||||||||||
|17|Debtors||||||||||
||Amounts|falling due||within||one year:|||2022f|2021
E|
||Other debtors||||||||61,599|55,700|
||Prepayments
and||accrued||income||||4,045|3,869|
||||||||||65,644|59,569|
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|18|Loans and overdrafts|Loans and overdrafts||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||2022|2021|
||||||||||||||f|
||Bank overdrafts|||||||||||287,420|459,088|
||Payable
within|one year||||||||||287,420|459,088|
||The short-term|loans are secured|||by fixed||charges over the charities|||listed investments.||||
|19|Creditors: amounts
falling due||||within|one||year||||||
|||||||||||||2022|2021|
||||||||||Notes|||f|f|
||Bank overdrafts|||||||||18||287,420|459,088|
|20|Analysis
of net assets between||||funds|||||||||
||||||||||Unrestricted|||Restricted|Total|
|||||||||||funds
f||fundsf||
||Fund balances|at 5April 2022||are|represented|||by:||||||
||Tangible assets|||||||||10,434|||10,434|
||Investments||||||||2,749,364||||2,749,364|
||Current
assets/(liabihties)||||||||(129,245)||||(129,245)|
||||||||||2,630,553||||2,630,553|
|21|Operating
lease commitments|||||||||||||
||At the
reporting|end date the||charity||had|outstanding||commitments|for|future|minimum
lease|payments|
||under non-cancellable||operating|leases,||which||fall due as follows:||||||
|||||||||||||2022|2021f|
||Within one year|||||||||||72,719|37,460|
||Between
two and five||years|||||||||152,962|190,422|
|||||||||||||225,681|227,882|
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||the year, the trust purchased
goods and|the year, the trust purchased
goods and|serv|ices off97|3(2021:f117)from|Thurnall
Taverns
Limi|ted.|
|---|---|---|---|---|---|---|---|
|23|Cash generated
from operations|||||2022
f|2021
f|
||(Deficit)/surpus
for the year|||||(649,914)|707,224|
||Ad)ustments
for.|||||||
||Investment
income recognised|in statement||of financial|activities|(23,743)|(56,649)|
||Gain on disposal of investments|||||(47,938)|(284,686)|
||Fair value gains and losses on|investments||||21,619|(667,991)|
||Depreciation
and impairment
of tangible||fixed assets|||2,440|480|
||Movements
in working
capital:|||||||
||Decrease
in stocks|||||87||
||(Increase)/decrease
in debtors|||||(6,075)|3,066|
||(Decrease)
in creditors||||||(12,516)|
||Cash absorbed
by operations|||||(703,524)|(311,072)|