2023-04-05-accounts

Trustees		N McAnhur	MBE
		G Chisnall
		F Cocker
Charity	number	1106123
Principal	offic	Hamilton Davies House
		117cI iverpool Road
		Cadishead
		Manchester
		M44 5BG
Auditor		Champion	Accountants	LLP
		1 Worsley	Court
		High Street
		Worsley
		Manchester
		M26 3NJ
Bankers		National Westminster		Bank Pic
		11 Spring Gardens
		Manchester
		M60 2DB

		Page
Trustees' report		1-3
Statement oftrustees'	responsibilities
Independent audito(s	report	5-7
Statement offinancial	activities
Balance sheet
Statement ofcash flows		10
Notes to the financial	statements	11 - 20

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
			Notes	2023 8	2023 f	2023 f	2022f	2022 6	2022f
nc m and endowments				from:
Donations and
legacies				30,034		30,034	24,477		24,477
Charitable activities				56,439		56,439	50,808		50,808
Investments				20,690		20,690	23,743		23,743
Other income							21,680		21,680
Total income				107,163		107,163	120,708		120,708
~E*
Charitable activities			7	450,711	4,716	455,427	793,129	3,812	796,941
Net gains/(losses)		on
investments			12	(173,158)		(173,158)	26,319		26,319
Net movement	In	funds		(516,706)	(4,716)	(521,422)	(646,102)	(3,812)	(649,914)
Fund balances	at 6April
2022				2,600,154	30,399	2,630,553	3,246,256	34,211	3,280,467
Fund balances	at	6	April
2023				2,083,448	25,683	2,109,131	2,600,154	30,399	2,630,553

				2023		2022
			Notes	f		f
Fixed assets
Tangible assets			14		11,218		10,434
Investments			15		2,265,180		2,749,364
					2,276,398		2,759,798
Current assets
Stocks			16	197		258
Debtors			17	56,362		65,644
Cash at bank and in		hand		164,940		92,273
				221,499		158,175
Creditors:	amounts	falling due within
one year			19	(388,766)		(287,420)
Net current	liabilities				(167,267)		(129,245)
Total assets less current liabilities					2,109,131		2,630,553
Income funds
Restricted	funds				25,683		30,399
Unrestricted	funds				2,083,448		2,600,154
					2,109,131		2,630,553

				2023		2022
			Notes	6		f
Cash flows from operating		activities
Cash absorbed by operations			23		(355,041)		(703,524)
Investing activities
Purchase oftangible fixed assets				(5,354)		(8,380)
Purchase of investments				(240,368)		(366,998)
Proceeds from disposal of	investments			551,394		1,271,416
Investment income received				20,690		23,743
Net cash generated from investing
activities					326,362		919,781
Net cash used in financing		activities
Net (decrease)/increase In		cash and	cash
equivalents					(28,679)		216,257
Cash and cash equivalents	at beginning		ofyear		(195,147)		(411,404)
Cash and cash equivalents		at end of	year		(223,826)		(195,147)
Relating to:
Cash at bank and in hand					164,940		92,273
Bank overdrafts included in	creditors payable
within one year					(388,766)		(287,420)

3	Donations	and legaci	es
				Unrestricted	Unrestricted
				funds	funds
				2023	2022
				E	f
	Donations	and gifts		30,034	24,477
	Donations	and gifts
	Donations			30,034	24,477
				30,034	24,477
4	Charitable	activities
				2023	2022
	Sales within chantable		activities	19	87
	Charitable	rental income		56,420	50,721
				56,439	50,808

								2023	2022
Income from		listed investments						20,296	23,730
Interest receivable								394	13
								20,690	23,743
Other Income
								Total	Unrestricted
									funds
								2023	2022
									f
Coronavirus		Job Retention Scheme							21,680
Charitable	activities
				Grant	Charitable		Share of	Total	Total
				Funding	Expenditure		governance	2023	2022
							costs
					f
Grant funding		ofactivities (see note 8)
				192,950	7,495			200,445	566,224
Share of governance			costs (see note
9)							254,982	254,982	230,717
				192,950	7,495		254,982	455,427	796,941
Grants payable
					Grant		Charitable	Total	2022
					Funding	f	Expenditure 6
Grants to institutions:
Other					188,234		7,495	195,729	562,412
Grants to individuals					4,716			4,716	3,812
					192,950		7,495	200,445	566,224

9	Support costs	Governance	2023	2022
		costs
		f
	Staff costs	140,853	140,853	116,390
	Depreciatian	4,570	4,570	2,440
	Audit fees	5,700	5,700	5,160
	Legal and professional General office	8,345 11,821	8,345 11,821	12,178 13,981
	Subcontractors	31,263	31,263	35,247
	Interest paid Premises costs	11,346 41,084	11,346 41,084	6,282 39,039
		254,982	254,982	230,717
	Analysed between Charitable activities	254,982	254,982	230,717

The average monthly number ofemployees during th	e year was:
	2023	2022
	Number	Number
Employmsnt costs	2023f	2022f
Wages and salaries Social security costs Other pension costs	123,296 3,772 13,785	100,613 2,454 13,323
	140,853	116,390

			Unrestricted	Unrestricted
			funds	funds
			2023	2022
				6
Revaluation	of	investments	(87,966)	(21,619)
Gain/(loss)	on	sale of investments	(85,192)	47,938
			(173,158)	26,319

Tangible	fixed asset	s
			Plant and	F/xtures and	Tots I
			equipment	fittingsf
Cost
At 6April	2022		31,986	14,397	46,383
Additions			4,748	606	5,354
At 5April	2023		36,734	15,003	51,737
Depreciation and Impairment
At 6April	2022		21,735	14,214	35,949
Depreciation charged		in the year	4,431	139	4,570
At 5 April	2023		26,166	14,353	40,519
Carrying	amount
At 5Apnl	2023		10,568	650	11,218
At 5 April	2022		10,251	183	10,434

16	Fixed as	set investments
				Investments	Cash in	Total
				portfolio	porffolio
				E
	Cost or valuation
	At 6Apnl	2022		2,685,146	64,218	2,749,364
	Additions			240,368		240,368
	Valuation	changes		(87,966)		(87,966)
	Disposals			(590,627)	(45,959)	(636,586)
	At 5 April	2023		2,246,921	18,259	2,265,180
	Carrying	amount
	At 05April 2023			2,246,921	18,259	2,265,180
	At 05April 2022			2,685,146	64,218	2,749,364
16	Stocks
					2023	2022
					E	E
	Raw materials and consumables				197	258
17	Debtors
					2023	2022
	Amounts	falling due within	one year:		E	E
	Other debtors				52,245	61,599
	Prepayments and accrued income				4,117	4,045
					56,362	65,644
18	Loans and overdrafts
					2023	2022
					E	E
	Bank overdraits				388,766	287,420
	Payable	within one year			388,766	287,420

19	Creditors: amounts	falling due	within one	year
					Notes	2023	2022f
	Bank overdrafts				18	388,766	287,420
20	Analysis of net assets between		funds
					Unrestricted	Restricted	Total
					funds	fundsf
	Fund balances at 5	April 2023 are	represented	by:
	Tangible assets				11,218		11,218
	investments				2,265,180		2,265,180
	Current assets/(tiabifities)				(192,950)	25,683	(167,267)
					2,083,448	25,683	2,109,131

	2023 f	2022f
Within one year	55,774	72,719
Between two and five years	115,502	152,962
	171,276	225,681

23	Cash generated from operations	Cash generated from operations	Cash generated from operations				2023 f	2022 6
	Deficit for the year						(521,422)	(649,914)
	Adjustments for.
	Investment income	recognised	in statement		offinancial	activities	(20,690)	(23,743)
	Loss/(gain) on disposal ofinvestments						85,192	(47,938)
	Fair value gains and	losses on	investments				87,966	21,619
	Depreciation and impairment oftangible			fixed assets			4,570	2,440
	Movements in working capital:
	Decrease in stocks						61	87
	Decrease/(increase)	in debtors					9,282	(6,075)
	Cash absorbed by	operations					(355,041)	(703,524)