Compan}. Nun)bcr: 0fj3213_ Charity No: 1110675 GREATER MANCHESTER BUILDINC. PRESERVATION TRUST LIMITED (A COIIIPANY LIMITED B Y GUARANTEE) REPORT OF THE TRIISTEES AND UNAUDITED FINANCIAL STATEMENTS FOR TIIE YEAR ENDED 31ST TrL4RCH 2025 AINSWORTHS LIMITED Charter House Stftnsfield Street Nelson Loneashire BB9 9XY
GREATER MANCHESTER BUILDING PRESERVATION TRUST LIMITED (A ColPANy LIMITED BY GUARANTEE) CONTENTS OF THE FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31ST IWCH 2025 Page Report of the Trustees Independent Examiner's Report to the members of Greater Manchest¢r Building Pr¢s¢rvation 'frust Limited StateTnent of FinaT]cial Activities Balance Sheet Notes Éo the Financial Statement5 8-13
GREATER MANCHESTER BUILDING PRESERVATION TRLIST LIMITED (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 FINANCIAL STA TEMENTS AND TRUSTEES, REPORT The Irustees present their annual report and unaudited financial statements for the year ended i l * March 2025. The financial statements comply with the Charities Act 2011 and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) {effeclive 1° January 2015) _ (Charities SORP (FRS 102)). REFERENCE AND ADMINISTRATIVE DETAILS Registered Company Dumber 05321354 (England and Wales) Rcgistered Charity number 1110675 Registered office Edgar Wood Centre Long Street Middleton Manchestrr M24 SUE Trustee$ #nd key management The trustees who served during the year were as follows: K Sather J H Graham C M Grime F W Marshall A K Martyn (Appointed as Chairy)erson 01103124) (Acting Chairperson) E M J Miller (Appointed 07106124) M Roulan-Huang (Appoint¢d 07106124) K Sather {Appointed 161111?4) M H Stevenson M S Watson Company seeretary M Roulall-Huang (Appointed 01111124) Independent examiner M A Henry FCCA Ainsworths Litnited Chartered Accountants Charter House Stansfield Street Nelson Lancashire BB9 9XY Bankers The Co-operative Bank plc POBOX 101 l Balloon Street Manchester M60 4EP
GREATER MANCHESTER BUILDING PRESERVATION TRUST LIMITED (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES (Continued) FOR THE YEAR ENDED 31ST MARCH 2025 STRUCTURE, GOVERNANCE AND K4N'AGEMENT Coryorxte status The company was incoorated under ihe CompaniLb Act on 241h December 2004 (Company number: 05321354). The company is a private company IiTllitLd by guarantee and does not have a slwe capital. The liability of each metnber is limited to an amount not exceeding £1. The company was registered as a charity on l August 2005 under the provisions of the Charities Acts (Charity number.- 1110675). Organisational structure The Board currently consists of the trustees and is responsible for key policy dccisions and the effective governance of the organisation overall. The Board continucd to mcet on a regular b&sis throughout the year. Recruilment and appointment of new board members Trustees are appointed to reflect the skills required 10 support the Board and its range of activities. RecruTtment is either through advertising or by individual contact. A full orientation is offered on the services provided and ihe roles and responsibilities of a trustee. including their legal obligations under charity and company law. All appointees are infornied of the Content of the Memorandum and Articles of Association and the Committee and decision making processes of the charity. Risk management The Irustees have examined the major strategic, business and operational risks which the charity faces and confirni that systems have been estsblished to ensure that regular reports are produced and that necessary steps can be taken to address any issues arising. OBJECTIVES AND A1VITIEs The principal activities of the charity are to promote and preserve for the benefit of the people of the Greater Manchester and of the nation at large, whatever of the English historical. architectural, natural, social or scientific heritage which may exist in or near to the aforesaid region. and to adiiance the education and the cultural development of the public in these matters, and to undertake such other charitable activities as may benefit the inhabitants of or visitors to the area. The company has also established various trading activities designed to enhance and subsidise the charitable activities of the Trust. Public benefit The truslees arc confident that the charity offers services of real and practical use to the local population and therefrjre complic& with the responsibility placed on all charities under the Charities Act 2011 to demonstrate a public benefit. ACHIF.VFMFNTS AND PERFORMANCE The National Lottery FlcritdgL Fund published its Tevised Project Inquiry Form in March 2024 and the trustees have been considering the additional requiremeA)ts before being in a position lo fornially resubmit it. D Nuttall has completed his first year of the development of the wedding business within the fornler Schools. It is early days yet but thcrc arc cncouraging Signs. These activities accounted for 50 /0 of income. Unfortunately the wedding market is chaT]ging, and couplLd with thc continuing cost of living ¢ri5is, all businesses who rely on this market are reviewing their strategies and looking for alternative sources of revenue. The Érustees held a special meeting on 21 March 2025 to articulate a vision for the charity with the aim ofrejuvenating it with a renewed sense of purpose across GTeater Manchester and beyond the Long Street Methodist Church. This would involve forniing a new Board of Trustees to focus on the whole of the Greater Manchester region with a sub- ommittee responsible for Long Street Methodist Church (reporting to the main Board of Trustees who would have ultimate accountability). A key priority was to produce a draft Mission Statement to advocate for the preservation and rejuvenation of heritage assets within the Greater Manchester region.
GREATER MANCHESTER BUILDING PRESERVATION TRUST LIMITED (A COMPANY LIMITED B Y GUAIi4NTEF,) REPORT OF THE TRUSTEES (Continued) FOR THE YEAR ENDED 31ST MARCH 2025 FINANCIAL REVIEW The attached statement of financial activities shows how funds ivere raised and applied during the year. This statement separates funds which the charity controls itself (unrestricted funds) from those that have to be spent in a manner detemiined by the donor (restricted funds). During the year ended 3161 March 2025 incoming resources amounted to £32,458 (which representrd an increase of £20,183 cornpared to the previous year) while resources cxpcnded amounted to £37,991 (which represented an increase of £15,765 compared to the previous year). The net result for the year was a deficit of £5,5.33 which is a decrease of £4,418 on the deficit returned for the previous year. The trustees consider the results for the year to be satisfactory. Reserves policy It is the policy of the charity ro maintain unrestricted funds, which are free reserves of the charity, at levels which equate to an excess of its projected needs for the forthcoming year. thereby providing sufficient fvnds to ¢over ongotng costs. The management, administration and support costs as well as the ongoing development of projects is being undertaken by the trustees and others on a voluntary basis ai nil cost. The trustees believe the ner asset position is sufficient to satisfy such requirements although these levels of free reserves are revie74'ed on a regular basis. Risk assessment The trustees have identified the major risks to which the charity is exposed and procedures to manage those risks have been put in place. Intemal risks are rninimised by the segregation ot duties and procedures for authorisation of all transactions. uture developments Next year will mark the 125, Anniversary of the opening of Long Street Methodist Church and Schools. Working with the Edgar Wood Society it is hoped that a fighting fund will be launched for the repair and adaptstion of this historic Grade 2* listed building at risk and that a programrne of events and activities will be held throughout the forthcoming year to develop the aspirations of the vision meeting held iu March ?025.
GREATER MANCHESTER BUILDING PRESERVATION TRUST LIMITED {A COMPANY LIMITED B Y GUAIUNTEE) REPORT OF THE TRUSTEES (Continued) FOR THE YEAR ENDED 31ST MARCH 2025 STATEMENT OF TRUSTEEES, RESPONSIBILITtES The trustees (who are also directors of Greater Manchester BuAlding PreservatlQD Trust Limited for the purposes of CMpanY law) are Tesponsible for prepaTing the Report ofthe Trustees and the financial statements in accordance with applicable law and United Kingdom accounting standards. Company law requires the trustee directors to prepare financial statements for each financial year end which give a true and fair view of the fjnancial position of the charity during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees should follow generally accepted accounting practice and are required to: select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP (FRS 102) make judgements and estimates that are reasonable and prudent. state whether Unit&l Kingdom a¢¢ounting standards and the recommendations of the Staiement of Recommended Practtce have been followed, subject to any material departures disclosed and explained in the financial statements. prepare the financial statements on the going concern basis unless it is inappropriate to Presume that the ¢ompany will continue its activities. The trustees are responsible for keeping proper accounting records whiGh disGlose with reasonable accuracy the financial position of the company and which enable them to ascertain their financial position and to ensure that the financial statements comply with the CompdniL5 ALt 2006 and thc Charities Act 2011 and the reLTulations thereunder. Thc trustccs also have a geTteral responsibility for taking such steps &s are reasonably open to them to safeguard the assets of the company and to prevent and detect fraud and other irregularities. The trustees are responsible for the maintenance and integrity of any company and financial infonnation included on the charity's website. SMALL COMPANY PROVISIONS These fiuan¢ial statements have been prepared in acwrdance with the special provisions of part 15 of the Companies Act 2006 relating to small companies. By Order of the Board J H Graham (Trustee) Date: 21* NovembeT 2025
INDEPEII'DENT EXAMINERS REPORT TO THE MEMBERS OF GREATER MANCHESTER BUILDING PRESERVATION TRUST LIMITED (A COMPANY LIMITED BY GUAIL4NTEE) I report on the accounts of Greater Manchester Building Preservation Trusl Limited for the year ended 31 March 2025, which are set out on pages 6 to 13. Respeetive responsibilities of the trustees and exgminer The tSteeS (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 of the CharÈties Act 201 I (the 2011 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to an audit under Part 16 of the Companie5 Act 2006 and is eligible for independent examination. 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 hav¢ wm¢ to my attention. Ba$i$ ofindependent examiners, report My examination was carried out in accordance with the General DirectÉons given by the Charity Commission. An examination in¢ludes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes considerntion of any unusual iterns or disclosures in the aceounts, and the seeking of 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 whetheT the accounts present a 'true and fair view, and the r¢port Is litnited to those matters set out in the statement below. Illdependent examiners. statement In connection with my examination, no matter has come to my attentTOn: which gives me reasonable cause to believe that, in any material respect. the requirements.. (a) (b) to keep accounting rccords in accordance wilh section 386 of the Companies Act 2006; and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 ofthe Companies Act 2006 and with the methods and principles of the Charities SORP (FRS 102) have not been mei; or to which. in my opinion, attention should be drawn in order to enable a proper understanding of the a¢¢ounts to be reached. M A Henry FCCA Ainsworths Limited Charter House Stansfield Street Nelson Lancashire BB9 9XY Date.. 21st November 2025
CREATER MANCHESTER BUILDING PRESERVATION TRUST LIMITED (A COMPANY LIMI'I"ED B Y GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES (ineluding Income Y4nd Expenditure Account) FOR THE YEAR ENDED 31ST MARCH 202$ Note Total Funds 2025 Total Funds 2024 Unrestricted Funds Restrieted Funds Income from: Donations 7.761 5,993 13,754 2,668 Charilable activities.. Capital grants reeeived Revenue grants received Trading aclivlties." Services provided Activity income Other iT]COTne Investmenl income.. Rents received Interest received 16,042 16,042 6,838 loo 2,633 29 2.633 29 2,633 36 Total incoming resources 5.993 12,275 Expenditure on: Ch4Yrilablg Qctlvities." Preservation and maintenance of heritage property Raisingfunds.. Trading and other activity costs Oiher.. Finance costs 31,046 5.951 36,997 21,053 213 781 994 1,173 Total expenditure 31259 6.732 37,991 22,226 Net ineome and expenditure Trdnsfers between funds (4,794) (88) {739) 88 (5.533) (9.951) (4,882) (651) {5W3) (9,951) Reconcili8tion of funds: Total funds brought forward 638.212 29,618 667,830 677,781 Total funds carried forward 633,330 28.967 662,297 667 830 Ther¢ are no acquisitions or discontinued operations in the year. There are no other recognised gains or losses other than those shown in the Statement of Financial Activities.
GREATER MANCHESTER BUILDINC PRESERVATION TRUST LIMITED (A COIKPANY LIMITED BY GUARANTEE) BALANCE SHEET AT 31 ST MARCH 2025 Note 2025 2024 Fixed assets Tangible assets Investment pmperty 33,005 618,225 36,177 618,225 651,230 654,402 Current assets Debtors Cash at bank and in hand 5.825 8,072 8,562 12,899 13,897 21.461 Current li8bililies c[ltOrS.. Amounts falling due within one year io (2,830) (8,033) Net eurrent assetsl(liabilities) 11,067 Totsl net assets 662,297 667,830 Funds Restricted Unrestricted Ila Ilb 28,967 633,330 29,618 638,212 12 662,297 667,830 The direthrs are satisfied thal 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 year by virtue of section 477. and that no member or rnembers have requested an audit pursuant to section 476 of the Aci. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the PTeparation of accounts. The trustees have prepared the accounts in accordance with section 398 of the Companies Act 2006 and section 138 of the Charites Act 2011. These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to Small charltable companies and with the Financial Reporting Stsndard 102 Section IA (effective 1st January 2015). The fmancial statements were approved by the Board of Trustees on 21" November 2025 and were signed on its behalf by.. J H Graham (Acting Chairperson)
GREATER MANCHESTER BUILDING PRESERVATION TRUST LIMITED (A COMPANY LIMITF,D BY GUARANTEE} NOTES TO THE FTNANCIAJ. STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES Company Information Greater Manchester Building Preservation Tt Limited is a charitable company limiled by guarantee. incorpordted in England and Wales. The company number and registered office can be found in the Report of the Trustees. Basis of preparation The financial statement5 have been prepared under the historical cost convention, and in a¢cordan¢e with Accounting and Reporting by Charities: Statement of Recomm¢nded Practice applicable to charities preparing their accounts in a¢¢ordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1° January 2015) - (Charities SOB (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Irelartd (FRS 102), the Companie5 Act 2006 and the Charities Act 2011. The financial statements have been prepared on a going concern basis which assumes the company will be able to meet its liabilities a5 the fall due. If the company were unable to ¢ontinue to trade, adjustments would have to be made to reduce the value of the assets to their re¢overable amounts, to provide for any rther liabilities that may arise, and to reclassify assets and any long temi liabilities as current assets and liabilities respe£Éively. Incoming resources All incoming resource5 are included on the Statement of Ftnancial Activities when the charity is legally entitled to the incorne and the amount can be quantified with re&sonable accuracy. Grants receivable are accounted for when due. Any grants received in respect of future periods are deferred into the correct period. Income from donations. legacies, fundrdising and similar incoming resources are included in the year in whlch they are receivable. Any income received for specific purpose is accounted for as restricted funds when Teceivable. Expenditure Expenditure is cOUnted foT on an accruals basis and has been classifIed under the prin¢ipaI categories related to the cost. c.osts allocafrd to activities in the furtheran¢e of the Charity's objects are those directly associated with achieving the charity'5 8oals. Governance costs are those incurred in connection with the management of the Company's assets. organisational administration and compliance with constitutional and statutory requirements. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis con51Stent with the use of resources. Fund accounting Unrestricted funds are available for use at the discretion of the trustees in the rth¢rance of the general activities of the charity. Surplus ndS can be allocated to restricted projects if the twstees believe they are required. Restricted funds are funds subject to specific restriction imposed by the donors for the purpose of any appeal in whi¢h the funds are raised and can only be used for particular purpose within the objects of the charity.
GREATER ThL4NCHESTER BUILDING PRESERVATJON TRUST LIMITED (A COMPANY LIMITED B Y GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (ContlDued) FOR THE YEAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES (Continued) Investment properties Investrnent property is shown at fair value. Any a(F regate surplus or deficit arising from changes in fair value is rQguised in Statement of Finan¢ial Activities. Investments The financial statements refl¢¢t bank interesl receivable during the year. Credit is taken for interest accrued but not received at the balance Sheet date. Other tangible fixed 2$sets Tangible fixed assets are capitalised at their purchase price. Depreciation is provided at the following annual rate in order 10 wriie off each asset over its estimated useful life. Improvements to Property Catering equipment Fixtures and fittings 5 /0 Straight line basis 150/0 reducin&F balance basis 15 % reducing balance basis Taxation The company is a registered charity and is therefore exempt from Income Tax and Corporation Tax under the provisions of Section 505(1} of the Inwme and Corporation Taxes Ath 1988. INCOMING RESOURCES The totsl income for the year was £32,458 (2024.. £1? 275) of which £26,465 was unrestTiCted (2024: £10,880) and £5,993 was restricted (2024: £1,39i). RESOURCES EXPENDED Charitable objecriN'es Unrestricted Restricted Trading and other activity Unrestricted Restricted Total 2025 Totsl 2024 Cost of sales and service delivery Rent and rotcs Light heat Insurance Advertising and publicity Postage. printing and Strationcry Repairs and renewals Supwrt costs Finance costs 213 781 994 lJ33 12555 5,397 1,173 727 7.003 4,178 .333 12,555 5,397 122 122 115 9,789 1.850 i,951 15,741) 1050 7.000 2,030 31,046 i.951 213 781 37,991 22,226 The total expenditure for the year was £37,991 (2024: £22,226} of which £31 •59 was unrestricted (2024.. £18,504) and £6,732 was restricted (2024". £3,722).
GREATER MANCHESTER BUILDING PRESERVATION TRUST LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FllYANCIAL STATEMENTS (Continued) FOR THE YEAR EIYDED 31ST MARCH 2025 SUPPORT COSTS 2025 2024 Accountancy Legal and professional fees Travel expenses Sundry expenses 1,000 850 900 817 300 13 1050 2,030 The charity initially identifies the cost of its support functions and then apportions these costs between charitsble activities and T1115111LF funds. The costs are apportioned on a pro rata basis between the total direct unrestricted charitable costs and the tota] direct unrestricted raising funds costs. ANALYSIS OF TOTAL RESOL,RCES EXPENDED Stsff Costs Depreciation etc Other 2025 2024 Direct charitable expenditure Other expenditure: Trading and other activity costs Finance costs 34,819 2,178 36,997 21,053 994 994 1,173 .34,819 3,172 37,991 22.226 STAFF COSTS Trustees, remuneration No trustees or persons related or connected by business to them have received any remuneration or other benefits from ihe charily during thL currcnt or previous year. Trustees, expenses No trustees were reimbursed with expenses incurred on behalf of the company during the current or previous year. Key Management Peone1 remuneration There were no Kcy ManagcTncnt Personnel in receipt of any remuneration during the current or previous year. Average number of employees The charity had no employees during the Lurrent or previous year. -iO-
GREATER MANCHESTER BUILDING PRESERVATION TRUST LITrIITED (A COlItPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS {CoDtinued) FOR THE YEAR ENDED 31ST MARCH 2025 TANGIBLE FIXED ASSETS Improvements to property Catering equipment Fixtvres and fittings Totals COST At I" April 2024 Additions Disposals 28,162 10.941 10,697 49,800 At 31" March 2025 28,162 10,941 10,697 49,800 DEPRECIATION As at I SI April 2024 Charge for year Eliminated on disposal 3,753 1,408 4J06 994 S.S64 770 13.623 3,172 At 31" March 2025 5JOO 6,334 l6.795 NET BOOK VALUE At 31" March 2025 23,001 5,641 4J63 At 31" March 2024 24.409 INVESTMENT PROPERTY 2025 2024 FAIR VALUE At ISL April 2024 Additions Disposals Revaluation 618225 618,225 At 3181 March 2025 618,225 618,225 The trustees consider the fair value of investment property to be representative of the total costs incurred as at 31 March 2025. Investment property consists of Long Street Methodist Church, Long StreeL Middleton. Manchester M24 SUE, a property that was gifted to ihe charity by Heritage Trust for the North West. -li-
GREATER MANCHESTER BUILDING PRESERVATION TRUST LIMII'ED (A COMPANY LILMITED BI, GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2025 DEBTORS: AMOUNTS FALLING DbE WITHIN ONE YEAR 2025 2024 Other debtors Prepayments and aGGrued income 4,457 lJ68 6.917 1,645 5.825 io. CREDITORS: AMOUNTS EALLIIYG DUE WITHIN ONE YEAR 2025 2024 Other creditors Accruals and defeed income 5.248 2,785 2,830 8,033 Ila. MOVEMENT IIY RESTRICTED FUNDS Income Expenditure Transfers and between losses funds I st April 2024 31" March 2025 gains Revaluations Designated general fund5.' Capital assets Project delivery 29.618 4.493 1,500 (5,144) (1.588) 28,967 88 88 28,967 Ilb. MOVEI¥IENT IN UNRESTRICTED FUNDS Income and gains Expenditure Transfers 15l April 2024 31" March losse5 funds Revaluations General ndS 638,212 26,465 (31,259) (88) 633J30 638,2l2 26,465 31,259 88 633J30 -12-
GREATER MANCHESTER BUILDING PRESERVATION TRUST LIMITED (A COMPANY LIMITED BY GUAIL4NTEE) NOTES TO THE FINANCIAL STATEMEIYTS (Contmnued) FOR THE YEAR ENDED 31ST MARCH 2025 12. ANALYSIS OF ASSETS AIYD LIABILITIES BETWEEN FUNDS Restricted Unrestricted funds funds Totsl 202S Tangible fixed &ss¢ts Curr¢nt assets Current Itabilities Bank balances 27.429 623,801 5,825 (2.830) 6,534 5,825 {2,830) 8.072 1,538 28,967 633,330 662,297 13. RELATED PARTY TRANSACTIONS There were no related party transactions for the year endLd 31" March 2025. 14. MEMBERS The company is a company lirntted by guarantee and does not have a share capital. The liability of each member by way of their guarantee to the company is to contribute a sum not exceeding £1 to the assets of the company if so required on the winding up of the company. -13-