2020-12-31-accounts - Manalive

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MANALIVE REGISTERED CHARITY NUMBER: 1106302

TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 FOR MANALIVE

MANALIVE REGISTERED CHARITY NUMBER: 1106302

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 ......................................................... 3 TRUSTEES RESPONSIBILITY STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2020 ......................... 7 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MANALIVE ............................................. 8 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020 .......................... 9 BALANCE SHEET AT 31 DECEMBER 2020 ............................................................................................ 10 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 ...................... 11 DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020 ........ 14 ANALYSIS OF SUPPORT & GOVERNANCE COSTS FOR THE YEAR ENDED 31 DECEMBER 2020 .......... 16

MANALIVE REGISTERED CHARITY NUMBER: 1106302

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

OBJECTIVES AND ACTIVITIES

Objectives and aims

A. The advancement of Christianity in accordance with the experience of the Catholic Church; and
B. The relief of poverty in accordance with the Christian concept of charity by such means as the Trustees shall decide from time to time.

In order to achieve these objectives the charity has powers, without limitation, to raise funds; organise retreats, pilgrimages and other moments of worship; hold public cultural events and meetings; organise works of charity as a means of testifying to the Christian experience; sell books and magazines and other literary material; make donations to individuals to enable them to attend retreats and similar events; organise other social events to witness to the Christian experience; carry out occasional trading activity to raise funds solely to be used for the objects of the charity.

The benefits of the charity are open to everyone although in practice most people attending meetings etc organised by the charity are Christians or people thinking of becoming Christians.

The benefit which arises from all the activities organised - whether retreats, public presentations, sale of books - is the help given to participants to become more fully aware of the presence and love of God in their lives. This in turn motivates and supports beneficiaries in opening their lives in love to other people - to their families, friends, work colleagues and strangers. In this way the charity benefits not just the beneficiaries individually but society as a whole.

Pre-pandemic the main activity undertaken by the charity was organising the following events:

A weekend retreat with Fr Julian Carron, the head of Communion and Liberation
A weekend retreat involving live satellite connection to listen to talks given by Fr Julian Carron to the Fraternity of Communion and Liberation.
A week-long retreat/holiday in the summer.
A half day public meeting to mark the start of the academic year.
A "Way of the Cross" procession around the City of London on Good Friday.
A cultural event called The London Encounter, typically consisting of exhibitions, talks, and an artistic event.

Due to COVID-19 in 2020 the Charity significantly reduced the number of events held. All events usually organised in April, May, July and September were cancelled or not scheduled in the first place. Where possible some events took place in an “online-only” format.

Public benefit

The Charity is a public benefit entity. The Trustees believe that no detriment or harm arises to anyone from carrying out the charity's aims. While there are many people who do not share Christian, or any,

MANALIVE REGISTERED CHARITY NUMBER: 1106302

religious belief, the Trustees believe that teaching Christ's love for mankind opens people to accept and embrace everyone irrespective of their belief and is therefore a source of harmony and benefit in society.

The Trustees confirm they have had due regard to the guidance on public benefit issued by the Charity Commission in deciding what activities the charity should undertake.

Volunteers

Organising our events would be impossible without the support of a number of volunteers throughout the year.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The weekend retreat organised in January with Fr Julian Carron, the head of Communion and Liberation, was the only in-person event organised by the charity in 2020. The retreat was attended by approximately 400 people from the UK, Scandinavia, the Netherlands, Luxembourg, Ireland and Malta. The event was held at the Wokefield Park Hotel in Berkshire.

The annual "Way of the Cross" procession around the City of London had to be cancelled due to the COVID emergency and was replaced by an online moment of recollection organised in conjunction with Communion and Liberation for the Christian holy day of Good Friday. This involved prayer, Gospel readings, meditation and choral music. The event was free of charge and public in nature.

Due to the pandemic, the weekend retreats scheduled for April and May had to be cancelled. All the registration fees collected for these events were refunded.

Likewise, the traditional week-long retreat/holiday, usually scheduled for July, and the public meeting (‘Beginning Day’) usually held in Central London in October had to be cancelled.

Throughout the year books were acquired and sold at the various meetings organised by the charity and by Communion and Liberation. These books are specifically chosen because their content demonstrates man's search for meaning and are an aid in the education to religiosity.

FINANCIAL REVIEW

Principal funding sources

The charity is funded by passing on the cost of retreats and other events (in person or online) to the participants and by donations.

Income for the year from the above activities and donations was £ 87,955 and expenditure was £ 67,835 giving a surplus in the year of £ 20,120.

MANALIVE REGISTERED CHARITY NUMBER: 1106302

The charity does not have any employees and the Trustees do not charge for their time. They are only reimbursed direct expenses incurred on behalf of the charity.

Since October 2017 the charity has been supported in the organisation of its activities by an external consultant supplying administrative services for approximately 40 hours a month.

The charity does not own any real estate, it is not involved in any investment activity and does not hold any financial investment.

Reserves policy

The Charity maintains a reserve because it tends to pay for venues before receiving full payments from event participants. Based on timing and size of the cash flow for our events a reserve to cover 3-6 months’ expense is considered appropriate by the trustees.

There are no material uncertainties about the charity’s ability to continue as a going concern.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Declaration of Trust made on 15 November 2003 and amended by a Supplemental Deed on 19 September 2004.

Recruitment and appointment of new trustees

Recruitment and appointment of new trustees is by the existing trustees. In order to achieve its objects the charity works closely with the Catholic ecclesial movement Communion and Liberation, in particular helping to organise public events. All the trustees adhere to this movement.

The day-to-day activities of Manalive are carried out by an Executive Committee which is overseen by the Board of Trustees.

Executive Committee

The Executive Committee consists of three people and has power delegated to it to act on behalf of the Trustees in running the Charity and in particular to approve any expenditure necessary for carrying out the aims of the Charity.

The members of the Executive Committee in 2020 were Roger Sylvester, Davide Manstretta (resigned 1[st] January 2021) and Francesco Perazzini.

MANALIVE REGISTERED CHARITY NUMBER: 1106302

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number

1106302

Principal address

Pembroke Lodge, 3 Pembroke Rd, Ruislip HA4 8NQ

Trustees (as of the reporting date or who served within the reporting period) R Sylvester G Mazzi D Manstretta (resigned 01/01/2021) J Morgan F Perazzini M Sinisi (resigned 16/09/2020) R Solomon (resigned 16/09/2020)

All significant financial, strategic etc decisions are taken by the Trustees.

Independent examiner

Glyn Woon-Sam MAAT Crown Accountants Pembroke Lodge, 3 Pembroke Rd, Ruislip HA4 8NQ

Bankers Barclays Bank 81 Fleet St, London EC4Y 1ELA

Approved by order of the board of trustees on 26 October 2020 and signed on its behalf by:

R Sylvester – Trustee

MANALIVE REGISTERED CHARITY NUMBER: 1106302

TRUSTEES RESPONSIBILITY STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2020

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charity SORP;
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 charity will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

MANALIVE REGISTERED CHARITY NUMBER: 1106302

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MANALIVE

I report on the accounts for the year ended 31 December 2020 set out on the following pages.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.

It is my responsibility to:

examine the accounts under Section 145 of the 2011 Act
to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
to state whether particular matters have come to my attention.

Basis of the independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that, in any material respect, the requirements

to keep accounting records in accordance with Section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Glyn Woon-Sam MAAT Crown Accountants Pembroke Lodge, 3 Pembroke Rd, Ruislip HA4 8NQ

26 October 2020

MANALIVE REGISTERED CHARITY NUMBER: 1106302

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

*Notes* INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities General activities Other trading activities 2 Total EXPENDITURE ON Charitable activities General activities Other activities Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD	2020 Unrestricted fund £ 40,786 47,169 - 87,955 67,835 - 67,835 20,120 78,793 98,913	2019 Unrestricted fund £ 17,974 132,677 595 151,246 143,773 - 143,773 7,473 71,320 78,793

MANALIVE REGISTERED CHARITY NUMBER: 1106302

BALANCE SHEET AT 31 DECEMBER 2020

*Notes* FIXED ASSETS Tangible assets 4 CURRENT ASSETS Stocks 5	2020 Unrestricted fund £ 85 174	2019 Unrestricted fund £ 389 287
Debtors 6 Cash at bank and in hand CREDITORS Amounts falling due within one year 7 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 8 Unrestricted funds TOTAL FUNDS	17,258 83,643 101,075 2,247 98,828 98,913 98,913 98,913 98,913	59,700 60,364 120,351 41,946 78,405 78,793 78,793 78,793 78,793

The financial statements were approved by the Board of Trustees on 26 October 2020 and were signed on its behalf by:

R Sylvester –Trustee

MANALIVE REGISTERED CHARITY NUMBER: 1106302

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity have been prepared in accordance with the Charities SORP (FRS 102) that applies the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The financial statements have been prepared under the historical cost convention.

Income

All income is 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 amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing 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 aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer and audio-visual equipment - 33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

MANALIVE REGISTERED CHARITY NUMBER: 1106302

2. OTHER TRADING ACTIVITIES

2. OTHER TRADING ACTIVITIES
	2020	2019
	Unrestricted	Unrestricted
	fund	fund
	£	£
Activities for generating funds	-	595

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.

4. FIXED ASSETS

----- Start of picture text -----
Net Book Value New Fix Assets Depreciation Net Book Value
2019 2020 2020 2020
£ £ £
Tangible assets 389 128 431 85
----- End of picture text -----

5. STOCKS

	2020	2019
	Unrestricted	Unrestricted
	fund	fund
	£	£
Stocks	174	287

Stock consists of books and CDs held for sale at the events organised during the year.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors Other debtors Total	2020 Unrestricted fund £ - 16,958 16,958	2019 Unrestricted fund £ - 59,400 59,400

MANALIVE REGISTERED CHARITY NUMBER: 1106302

The year-end Debtors figure largely represents deposits paid to venues for events which did not take place in 2020. The deposits have been rolled forward for future use.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors Other creditors Total	2020 Unrestricted fund £ 1,860 387 2,247	2019 Unrestricted fund £ 432 41,514 41,946

By far the largest component of the 2019 Other Creditors related to payments received in advance of the January 2020 retreat. No January retreat was held in 2020, hence Other Creditors was much smaller for the 2020 year-end.

8. MOVEMENT IN FUNDS

Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS	At 1.1.20 £ 78,793 78,793 Incoming Resources £ 87,955 87,955	Net Movement in Funds At 31.12.20 £ £ 20,120 98,913 20,120 98,913 Resources Expended Movement in Funds £ £ 67,835 - 20,120 67,835 - 20,120

9. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2020.

MANALIVE REGISTERED CHARITY NUMBER: 1106302

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

INCOME AND ENDOWMENTS Donations and legacies Gifts Donations Total Other Trading Activities Activities for generating funds Charitable activities Retreat with Fr Carron Retreats - other Holiday retreats Events - other Sale of books Sale of posters Pilgrimages London Encounter Total Total incoming resources	2020 £ - 40,786 40,786 - 45,734 - - 982 245 208 - - 47,169 87,955	2019 £ - 17,974 17,974 595 57,496 27,640 34,316 1,725 1,248 226 - 10,026 132,677 151,246

MANALIVE REGISTERED CHARITY NUMBER: 1106302

EXPENDITURE
Charitable activities
Retreat with Fr Carron
Retreat - other
Holiday retreat
Events - other
Cost of books sold
Poster printing
London Encounter costs
Web and social media costs
Total
Other
Donation
Total
Support Costs
Management
Insurance
Storage costs
Administrative Services
Computer costs
Depreciation
Total
Finance
Bank charges
Governance costs
Accountancy and legal fees
Total resources expended
Net income/(expenditure)

55,595
56,437
-
30,971
-
37,771
4,379
8,382
195
1,236
60
155
-
-
974
653
61,204
135,605
-
962
-
962
1,041
1,139
2,826
1,498
1,648
3,497
86
86
431
389
6,033
6,609
149
166
450
432
67,836
143,773
20,120
7,473

MANALIVE REGISTERED CHARITY NUMBER: 1106302

ANALYSIS OF SUPPORT & GOVERNANCE COSTS FOR THE YEAR ENDED 31 DECEMBER 2020

To ensure that the accounts present the costs of activities fairly, the following principles are applied:

Direct costs attributable to a single activity are allocated directly to that activity
Shared governance costs which contribute directly to more than one activity are apportioned between those activities
Support costs which are not attributable to a single activity are also apportioned between the activities being supported.

Historically, Insurance, Storage and Governance Costs had been apportioned to the major events (Retreat with Fr Carron, Retreat Other, Holiday Retreats) in proportion to the actual cost of running each event.

Given the Charity’s reduced activity caused by the COVID pandemic, the costs above have been allocated only to the events effectively held (in person or online) in 2020.

The Administrative Services were historically allocated to the events supported in proportion to the turnover of the event, which was considered a fair reflection of the work involved to organise them.

In 2020 the cost for Admin Services have been allocated primarily to the ‘Retreat with Fr Carron’ event (60%), and to ‘Other events’ (20%). The remaining component has been equally allocated (10%) to ‘Retreats – other’ and ‘Holiday retreats’ in consideration of the work required to manage the cancellation of the event and the refund of subscription fees already collected.

Allocation Policy	Retreat with Fr Carron	Retreats - other	Holiday retreats	Events - other
Insurance	80%	0%	0%	20%
Storage costs	80%	0%	0%	20%
Administrative Services	60%	10%	10%	20%
Governance Costs	80%	0%	0%	20%

Cost Allocation	Retreat with Fr Carron	Retreats - other	Holiday retreats	Events - other	Total
	£	£	£	£	£
Insurance	833	-	-	208	1,041
Storage costs	2,261	-	-	565	2,826
Administrative Services	989	165	165	330	1,648
Governance Costs	360	-	-	90	450