**Company Registration Number: 04698585 Charity Registration Number: 1115997**
**MOOREND DEVELOPMENT TRUST LIMITED (A Company Limited By Guarantee)**
## **TRUSTEES ANNUAL REPORT**
**and**
**FINANCIAL STATEMENTS Year Ended 30 June 2021**
## **MOOREND DEVELOPMENT TRUST LIMITED**
## **CONTENTS**
||**Page**|
|---|---|
|Members of the Board and Professional Advisers|2|
|Trustees’ Annual Report|3 - 9|
|Independent Examination|10|
|Statement of Financial Activities (incorporating the income|11|
|and expenditure account)||
|Balance Sheet|12|
|Notes to the financial statements|13 - 18|
- 1 -
## **MOOREND DEVELOPMENT TRUST LIMITED**
## **MEMBERS OF THE BOARD AND PROFESSIONAL ADVISORS**
|**Registered Charity Name**|Moorend Development Trust Limited|
|---|---|
|**Charity Number**|1115997|
|**Company Number**|04698585|
|**Registered Office**|Butterworth Hall Community Centre|
||New Street|
||Milnrow|
||Rochdale|
||Lancashire|
||OL16 3PQ|
|**Directors and Trustees**|Mr David William Harding|
||Mr John Newton Stanley|
||Dr Bryan Arthur Tenny|
||Mr Nicholas John Andrews|
||Mrs Irene Elizabeth Davidson|
||Mr William George Caygill|
||Cllr John Hartley|
||Mr Peter Thomas Hook|
||Mr Robert Andrew Mitchell (resigned 26/07/2021)|
||Mrs Pauline Ann Mitchell|
|**Secretary**|Dr Bryan Arthur Tenny|
|**Independent Examiner**|Community Accounting Lancashire C.I.C.|
||Foxfields|
||9 Norley Close|
||Chadderton|
||Oldham|
||OL1 2RA|
|**Bankers**|Virgin Money (Yorkshire Bank)|
||9-11 Yorkshire Street|
||Rochdale OL16 1JP|
||Lloyds TSB|
||58 Yorkshire Street|
||Rochdale OL16 1JP|
||HSBC Bank|
||2 Yorkshire Street|
||Rochdale OL16 1EE|
||Epworth Investment Management Limited|
||2ndFloor, 9 Bonhill Street|
||London EC2A 4PE|
- 2 -
## **Annual**
## **Report 2021**
**MoorEnd is a Community Regeneration Company limited by guarantee. Company registration no. 04698585 Registered as a Charity number 1115997**
**www.moorendtrust.org.uk**
- 3 -
## **INTRODUCTION**
## **Aims/objectives**
The aim is to improve social welfare through developing public amenities, increasing educational opportunities, particularly through the arts, and by preserving buildings of historical importance.
## **Structure, governance and management**
MoorEnd Development Trust was set up by local people in March 2003 and is registered as a Company Limited by Guarantee: it is also a registered charity. The Trust is owned by the members, all residents, businesses or community & voluntary groups within the four wards of Pennines Township – Wardle & West Littleborough, Milnrow & Newhey, Smallbridge & Firgrove and Littleborough Lakeside. Membership numbers some 200 people, including businesses, individuals, community groups and other bodies.
As laid down in the Memorandum of Association, the Company's objects are:-
- 1) To provide or assist in the provision of facilities in the interest of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life;
- 2) The maintenance, improvement or provision of public amenities;
- 3) To promote and advance education for the public benefit, in particular but not exclusively in the arts.
- 4) To promote the preservation and protection of the environment;
- 5) To promote the preservation of buildings or sites of historic or architectural importance; And such other charitable purposes beneficial to the community as the trustees deem fit.
The members democratically set the direction for the Trust at the Annual General Meeting.
## **PROJECT REPORTS**
## **Butterworth Hall Community Centre**
Because of Covid19, the Hall was closed throughout the 2020-21 financial year except for being used as a collection centre for local charities under the government guidelines.
## **Pennines and Tim Bobbin Festival**
Because of Covid 19, No events were held.
- 4 -
## **Hare Hill House**
Because of Covid19 Restrictions, the House was closed to public events and renovation working parties until after the restrictions were lifted in June. Grants to the House and the groups using the facilities in normal times were: £33,417 An agreement on the draft lease obtained from R.M.B.C. was still being negotiated.
## **Pennine Business and Tourism Forum**
Because of Covid19 restriction, Small Business Saturday was not held.
- 5 -
## **PEOPLE**
The Management Committee/Board of the Trust have spaces for 17 directors: there are currently 8 vacancies: Irene Davidson Chairperson & Butterworth Hall Project Champion Bryan Tenny Secretary Nicholas Andrews Treasurer & Hare Hill House Champion George Caygill David Harding Peter Hook Pauline Mitchell Rob Mitchell Resigned 26[th] July 2021 John Stanley
Councillor John Hartley Pennines Township Committee nominee.
The Trust has 213 members comprising community & voluntary groups, businesses and individuals. Inclusion of local groups and societies means that the Trust has a sound basis in representing the aims and wishes of local people.
The Staff
The Trust employs no staff.
Accountants Community Accounting Lancashire C.I.C. Foxfields 9 Norley Close Chadderton Oldham OL1 2LA Bankers Virgin Money (Yorkshire Bank) 9-11 Yorkshire Street Rochdale OL16 1BL Lloyds Bank 58 Yorkshire St. Rochdale OL16 1JP HSBC 2 Yorkshire Street Rochdale OL16 1EE Epworth Investment Management Limited 2nd Floor, 9 Bonhill Street London EC2A 4PE
- 6 -
## **FINANCE REPORT**
The Accounts have been independently examined and approved by Community Accounting Lancashire C.I.C.
## **Balance Sheet (abbreviated) at 30 June 2021**
|||**2021**||**2020**|
|---|---|---|---|---|
||£|
£|£|£|
|**Fixed Assets**|||||
|Tangible Fixed Assets||356,292||357,555|
|**Current Assets**|||||
|Debtors||-||-|
|Cash at Bank and in Hand||142,701|121,916||
|**CREDITORS: Amounts falling due**|||||
|**Within one year**||(990)||(990)|
|**NET CURRENT ASSETS**||141,711||120,926|
|**NET ASSETS**||498,003||478,481|
|**FUNDS OF THE CHARITY**|||||
|Unrestricted Funds||452,026||440,181|
|Restricted Funds||45,977||38,300|
|**Total Funds**||**498,003**||**478,481**|
- 7 -
## **Grants received by the Trust**
|Crook Hill Windfarm Community Fund|£5,000|
|---|---|
|Power to Change C-19 Trading Income Support Scheme Grant|£10,459|
|Yorkshire Building Society Charitable Foundation|£1,400|
|Co-Op Local Community Fund (Butterworth Hall)|£1,695|
|Co-Op Local Community Fund (Blokes)|£2,628|
|Power to Change (CCLORS)|£9,930|
|Groundwork Trust/Comic Relief Covid-19 Community Fund|£4,000|
||**£35,112**|
|Rochdale MBC (Covid-19 Government Grants)|£17,669|
|**TOTAL**|**£52,781**|
## **Donations made by the Trust**
No donations were made by the Trust.
## **Public Benefit**
Our activities have delivered public benefit by complying with the company’s objectives as laid down in its Memorandum of Association. Specifically by providing communal facilities, preserving an historic building and maintaining cultural traditions.
The trustees have regard to the guidance issued by the Charity Commission on public benefit, and discuss this at our trustees meetings where we plan and make decisions for the carrying out of our activities to which the guidance is relevant.
**Dr Bryan Arthur Tenny** Secretary/Director
Date Approved: 06/12/2021
- 8 -
## **MOOREND DEVELOPMENT TRUST LIMITED**
## **TRUSTEES’ ANNUAL REPORT continued**
## **YEAR ENDED 30 JUNE 2021**
The trustees and directors for the purposes of company law, present their annual report and the unaudited financial statements of the charity for the year ended 30 June 2021.
The Board have adopted the provision of the Charities SORP (FRS 102) – Accounting and Reporting by Charities: Statement of Recommended practice applicable in the UK and Republic of Ireland (effective 1 January 2015, and including update bulletins on 2 February 2016 and 5 October 2018) in preparing the annual report and financial statements of the charity. The accounts have been prepared in accordance with the Companies Act 2006.
The trustees (who are also directors of Moorend Development Trust Ltd for the purposes of company law) 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) and with the provision for small companies.
Company law 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 charitable company and of the incoming resources and application of resources.
In preparing the financial statements, the directors are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards 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 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 which enable them to ensure that the financial statements comply with Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
- there is no relevant audit information of which the charitable company’s auditors are unaware; and
- the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information.
The report of the members of the board were approved by the Board on the 6[th] of December 2021 and signed on their behalf;
Dr Bryan Arthur Tenny **Director**
- 9 -
## **MOOREND DEVELOPMENT TRUST LIMITED**
## **REPORT TO THE MEMBERS ON THE UNAUDITED FINANCIAL STATEMENTS OF MOOREND DEVELOPMENT TRUST LIMITED**
## **YEAR ENDED 30 JUNE 2021**
I report on the accounts for the year ended 30 June 2021 set out on pages 11 to 18.
## **Respective Responsibilities of Trustees and Examiner**
The charity’s trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (the 2006 Act). The trustees consider that an audit is not required for this year under s144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- Examine the accounts under s145 of the 2011 Act
- Follow the procedure laid down in the General Directions given by the Charity Commissioners (under s145(5)(b) of the 2011 Act, and
- To state whether particular matters have come to my attention.
## **Basis of Independent Examiners Opinion**
My examination was carried out in accordance with 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 of disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an opinion as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent Examiners 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 s386 of the Companies Act 2006; and
- To prepare accounts which accord with the accounting records and to comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities 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.
16[th] March 2022
## **Miss Jacqueline Bird F.M.A.A.T.**
Community Accounting Lancashire C.I.C. Foxfields, 9 Norley Close, Chadderton, Oldham, OL1 2RA
- 10 -
## **MOOREND DEVELOPMENT TRUST LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT)**
## **YEAR ENDED 30 JUNE 2021**
|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2021**
**2021**
**_Notes_**
**£**
**£**
**Income from:**
Donations
**_2_**
-
120
Charitable activities
**_3_**
10,459
24,653
Other trading activities
**_4_**
10,337
-
Other Income
**_5_**
17,669
-
Investments
57
-
**Total**
38,522
24,773
**Expenditure on:**
Raising funds (fundraising expenses)
-
-
Charitable activities
**_6_**
26,677
17,096
Other expenditure
-
-
**Total**
26,677
17,096
**Net income/(expenditure)**
11,845
7,677
**Reconciliation of funds:**
Total funds brought forward
440,181
38,300
**Total funds carried forward**
**_12_**
452,026
45,977|**Total**
**Funds**
**2021**
**£**
120
35,112
10,337
17,669
57
63,295
-
43,773
-
43,773
19,522
478,481
498,003|**Total**
**Funds**
**2020**
**£**
4,982
18,577
40,500
10,000
92
74,151
-
44,759
-
44,759
29,392
449,089
478,481|
|---|---|---|
The statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
The notes on pages 13 to 18 form part of these financial statements.
Note 13 on page 18 shows comparative information for the year ended 30 June 2020.
- 11 -
## **MOOREND DEVELOPMENT TRUST LIMITED**
## **BALANCE SHEET**
## **AS AT 30 JUNE 2021**
|**_Notes_**
**FIXED ASSETS**
Tangible Fixed Assets
**_7_**
**CURRENT ASSETS**
Debtors
**_8_**
Cash at Bank and in Hand
**CREDITORS: Amounts falling due**
**within one year**
**_9_**
**NET CURRENT ASSETS**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Unrestricted Funds
Restricted Funds
**TOTAL FUNDS**
**_12_**|**2021**
**£**
-
142,701
142,701
(990)|**£**
356,292
141,711
498,003
452,026
45,977
498,003|**2020**
**£**
-
121,916
121,916
(990)|**£**
357,555
120,926
478,481
440,181
38,300
478,481|
|---|---|---|---|---|
For the year ending 30 June 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director’s responsibilities:
- i. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476
- ii. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The accounts are prepared in accordance with the provisions applicable to companies’ subject to the small companies’ regime.
The balance sheet was approved by the Board of Directors on the 6[th] of December 2021 and signed on its behalf by:
Dr Bryan Arthur Tenny **Director**
- 12 -
## **MOOREND DEVELOPMENT TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS**
**for the year ended 30 June 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of accounting**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016 and also Update Bulletin 2 published on 5 October 2018) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Incoming Resources**
All income is recognised once the charity has entitlement to the income.
Grants are credited to revenue on a receivable basis, and Rental Income and Donations are accounted for as received by the charity. All income is allocated to appropriate funds based on the income, and the amount of income receivable can be measured reliably.
Restricted funds are to be used for specified purposes as laid down by the donor. Expenditure which meets these criteria’s is identified to the fund, together with a fair allocation of overheads and support costs.
Unrestricted funds are donations and other incoming resources received or generated for charitable purposes.
## **Resources Expended**
All expenditure is accounted for on an accruals basis.
All expenses including support costs and governance costs are allocated or apportioned to applicable expenditure headings.
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 settlement will be required, and the amount for the obligation can be measured reliably.
## **Cash flow statement**
The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the financial statements on the grounds that the company is small.
## **Fixed assets**
Land and Buildings – measured at fair value. Furniture and Equipment – initially recorded at cost and depreciated at 20% on a reducing balance basis.
- 13 -
## **MOOREND DEVELOPMENT TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **for the year ended 30 June 2021**
|**2.**|**Income from Donations**|||||
|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**2021**|2020|
|||**Funds**|**Funds**|**Total Funds**|Total Funds|
|||**£**|**£**|**£**|£|
||MoorEnd Trust|**-**|**-**|**-**|3,051|
||Hare Hill House (Donation Box)|**-**|**120**|**120**|1,931|
||General Donations|**-**|**-**|**-**|-|
|||**-**|**120**|**120**|4,982|
|**3.**|**Income from Charitable Activities**|||||
|**ncome from Charitable Activities**|||||
|---|---|---|---|---|
||**Unrestricted**|**Restricted**|**2021**|2020|
||**Funds**|**Funds**|**Total Funds**|Total Funds|
||**£**|**£**|**£**|£|
|**Grant Income:**|||||
|Power to Change (CCLORS)|**-**|**9,930**|**9,930**|-|
|Power to Change C-19 Trading Income Support|**10,459**|**-**|**10,459**|-|
|Groundwork/Comic Relief Community Fund|**-**|**4,000**|**4,000**|-|
|Yorkshire Building Society (Meet Up Grant)|**-**|**1,400**|**1,400**|-|
|Action Together|**-**|**-**|**-**|528|
|RMBC/HMR CCG (Meet Up Grant)|**-**|**-**|**-**|7,425|
|Forever Manchester (Meet Up Christmas Party)|**-**|**-**|**-**|200|
|Forever Manchester (Covid-19 Blokes)|**-**|**-**|**-**|500|
|RMBC Pennines Township Committee (Blokes)|**-**|**-**|**-**|4,294|
|Crook Hill Windfarm Community Fund **|**-**|**5,000**|**5,000**|-|
|Co-Op Community Fund (Blokes)|**-**|**2,628**|**2,628**|684|
|Co-Op Community Fund (Butterworth Hall)|**-**|**1,695**|**1,695**|593|
|Co-Op Community Fund (Meet Up Grant)|**-**|**-**|**-**|4,341|
|Charity Aid Foundation|**-**|**-**|**-**|12|
||**10,459**|**24,653**|**35,112**|18,577|
****** _Funds received in this financial year for the Crook Hill Windfarm Community Fund which showed as £5,000 restricted expenditure under Hare Hill House in last years’ accounts (year ended 30[th ] June 2020)._
## **4. Income from Other Trading Activities**
||**Unrestricted**|**Restricted**|**2021**|2020|
|---|---|---|---|---|
||**Funds**|**Funds**|**Total Funds**|Total Funds|
||**£**|**£**|**£**|**£**|
|Rental Income Butterworth Hall|**1,385**|**-**|**1,385**|18,195|
|Rental Income Hare Hill House|**8,862**|**-**|**8,862**|10,761|
|Hare Hill House Events|**-**|**-**|**-**|5,744|
|Other Rental Income|**90**|**-**|**90**|5,800|
||**10,337**|**-**|**10,377**|40,500|
- 14 -
## **MOOREND DEVELOPMENT TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **for the year ended 30 June 2021**
## **5. Other Income**
|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**£**
**£**
National Localised Restrictions Support Grant
**1,334**
**-**
Tier 4 Localised Restrictions Support Grant
**2,239**
**-**
Closed Business Lockdown Grant
**4,000**
**-**
National LRSG (Closed) Addendum Grant
**2,096**
**-**
Restart Grant
**8,000**
**-**
Retail, Hospitality & Leisure Covid-19 Grant
**-**
**-**
**17,669**
**-**|**2021**
**Total**
**Funds**
**£**
**1,334**
**2,239**
**4,000**
**2,096**
**8,000**
**-**
**17,669**|2020
Total
Funds
£
-
-
-
-
-
10,000
10,000|
|---|---|---|
During the period the charity benefitted from a total of £17,669 of Government Grants, received from Rochdale MBC. In accordance with accounting policy, this credit is included in ‘Other Income’ within the ‘Statement of Financial Activities (incorporating the Income and Expenditure Accounts)’ in the period for which they compensate.
## **6. Expenditure on Charitable Activities**
|**Unrestricted**
**Support**
**Costs**
**Unrestricted**
**Direct**
**Costs**
**Restricted**
**Direct**
**Costs**
**Unrestricted**
**Governance**
**Costs**
**£**
**£**
**£**
**£**
Hare Hill House Cafe
**-**
**-**
**-**
**-**
Hare Hill House Meet Up
**-**
**311**
**10,304**
**-**
Hare Hill House
**1,119**
**11,454**
**6,768**
**-**
Pennine Business
Tourism Group
**-**
**-**
**-**
**-**
Blokes
**-**
**-**
**24**
**-**
Butterworth Hall
**-**
**9,253**
**-**
**-**
Bank Charges
**-**
**-**
**-**
**99**
Meetings and
Sundry Expenditure
**45**
**2,130**
**-**
**13**
Accountancy Fees
**-**
**-**
**-**
**990**
Depreciation
**-**
**1,263**
**-**
**-**
**1,164**
**24,411**
**17,096**
**1,102**
**Total resources expended are stated after charging:**
**2021**
**£**
Independent Examination fees
**990**|**2021**
**Total**
**Funds**
**£**
**-**
**10,615**
**19,341**
**-**
**24**
**9,253**
**99**
**2,188**
**990**
**1,263**
**43,773**|2020
Total
Funds
£
-
9,901
18,942
11
711
10,310
97
2,517
990
1,280
44,759
2020
£
990|
|---|---|---|
No Trustees were paid any remuneration or expenses during the course of the year (2020: £nil).
- 15 -
## **MOOREND DEVELOPMENT TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **for the year ended 30 June 2021**
## **7. Tangible Fixed Assets**
|**Cost or Valuation**
Cost/Value at 30thJune 2020
Additions
Cost/Value at 30thJune 2021
**Accumulated Depreciation**
Accumulated Depreciation at 1stJuly 2020
Depreciation charge for the year
Accumulated Depreciation at 30thJune 2021
**Net Book Value**
Net Book Value at 30thJune 2021
Net Book Value at 30thJune 2020|**Land &**
**Building**
**Furniture &**
**Equipment**
**£**
**£**
351,240
36,505
-
-
351,240
36,505
-
30,190
-
1,263
-
31,453
351,240
5,052
351,240
6,315|**Total**
**£**
387,745
-
387,745
30,190
1,263
31,453
356,292
357,555|
|---|---|---|
## **8. Debtors**
|**ebtors**|||
|---|---|---|
||**2021**|2020|
||**£**|£|
|Prepayments and Accrued Income|**-**|-|
|**reditors: Amounts falling due within one year**|||
||**2021**|2020|
||**£**|£|
|Accruals|**990**|990|
## **9. Creditors: Amounts falling due within one year**
## **10. Company Status**
The charity is limited by guarantee and has no share capital. There are 213 members and the liability of each member in the event of winding up is limited to £1.
## **11. Related Parties**
There were no related party transactions during the year.
- 16 -
## **MOOREND DEVELOPMENT TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **for the year ended 30 June 2021**
|**12. Movement of Funds**|||||
|---|---|---|---|---|
||**Balance**|**Incoming**|**Resources**|**Balance**|
||**as at**|**Resources**|**Expended**|**as at**|
||**1 July 2020**|||**30 June 2021**|
||**£**|**£**|**£**|**£**|
|**Unrestricted Funds:**|||||
|Capital Funds|357,555|-|(1,263)|356,292|
|General Funds|46,328|38,522|(21,416)|63,434|
|Designated Funds|36,298|-|(3,998)|32,300|
||**440,181**|**38,522**|**(26,677)**|**452,026**|
|**Restricted Funds:**|||||
|Tim Bobbin Festival|1,396|-|-|1,396|
|Action Together (Covid-19 Meet Up)|528|-|(502)|26|
|RMBC/HMR CCG (Meet Up Grant)|1,825|-|(1,825)|-|
|Forever Manchester (Covid-19 Blokes)|500|-|-|500|
|RMBC Pennines Township Committee (Blokes)|4,256|-|(24)|4,232|
|Co-Op Community Fund (Blokes)|684|2,628|-|3,312|
|Co-Op Community Fund (Butterworth Hall)|593|1,695|-|2,288|
|Co-Op Community Fund (Meet Up Grant)|240|-|(240)|-|
|Hare Hill House**|27,425|5,000|-|32,425|
|Donations|853|120|(45)|928|
|Yorkshire Building Society (Meet Up Grant)|-|1,400|(530)|870|
|Power to Change (CCLORS)|-|9,930|(9,930)|-|
|Comic Relief/Groundwork Community Fund|-|4,000|(4,000)|-|
|Pennine Business and Tourism Group|-|-|-|-|
||**38,300**|**24,773**|**(17,096)**|**45,977**|
|**Total Funds**|**478,481**|**63,295**|**(43,773)**|**498,003**|
****** _Includes funds received for the Crook Hill Windfarm Community Fund (shown as £5,000 restricted expenditure under Hare Hill House in last years’ accounts)._
- 17 -
## **MOOREND DEVELOPMENT TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **for the year ended 30 June 2021**
## **13. Comparative Information (previous year)**
|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2020**
**2020**
**_Notes_**
**£**
**£**
**Income from:**
Donations
**_2_**
4,129
853
Charitable activities
**_3_**
12
18,565
Other trading activities
**_4_**
40,500
-
Other Income
**_5_**
10,000
-
Investments
92
-
**Total**
54,733
19,418
**Expenditure on:**
Raising funds (fundraising expenses)
-
-
Charitable activities
**_6_**
29,389
15,370
Other expenditure
-
-
**Total**
29,389
15,370
**Net income/(expenditure)**
25,344
4,048
**Reconciliation of funds:**
Total funds brought forward
414,837
34,252
**Total funds carried forward**
**_12_**
440,181
38,300|**Total**
**Funds**
**2020**
**£**
4,982
18,577
40,500
10,000
92
74,151
-
44,759
-
44,759
29,392
449,089
478,481|
|---|---|
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