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 2023
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 |
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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 | |
| Mr Nicholas John Andrews | |
| Mrs Irene Elizabeth Davidson | |
| Mr John Hartley | |
| Cllr Thomas Philip Besford (appointed 04/07/2022) | |
| Ms Patricia Houghton (appointed 22/11/2022) | |
| Mr Edward Charles Coan (appointed 22/11/2022) | |
| Mr Kenneth Griffin (resigned 31/01/2023) | |
| Mr William George Caygill (died 03/05/23) | |
| Independent Examiner | Community Accounting Lancashire C.I.C. |
| Foxfields | |
| 9 Norley Close | |
| Chadderton | |
| Oldham | |
| OL1 2RA | |
| Bankers | Virgin Money |
| 9-11 Yorkshire Street | |
| Rochdale OL16 1BL | |
| 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 |
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Annual
Report 2023
MoorEnd is a Community Regeneration Company limited by guarantee. Company registration no. 04698585 Registered as a Charity number 1115997
www.moorendtrust.org.uk
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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: -
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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.
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2) The maintenance, improvement, or provision of public amenities.
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3) To promote and advance education for the public benefit, in particular but not exclusively in the arts.
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4) To promote the preservation and protection of the environment.
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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
MoorEnd Development Trust.
The Trust at its Annual general meeting held on the 22[nd] November 2022 considered the trustees proposal to change its status as a Company Limited by Guarantee and Registered Charity to become a Charitable Incorporated Organisation. The meeting debated the proposal and approved unanimously to approve the proposed change.
Butterworth Hall Community Centre.
Butterworth Hall Community Centre continues to fulfil the MoorEnd Trust ethos to serve the communities of Milnrow and Newhey. At the moment the Centre has a wide range of regular users including, Brownies, Guides, Yoga and Zumba groups, a local Art group, a Baby and Infant Music group, and classes for those wanting to learn or improve their French language skills. Unfortunately, Slimming World have decided to centralise their operations and no longer hire the Centre for their meetings. Each month the Centre hosts a wellbeing café to support those suffering from Alzheimer’s, their families and carers. The local Home Start organisation also runs a group supporting those with Autism/ADHD.
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The Centre is also regularly booked for Children’s Parties. This year, to support local Charities we have rented the hall at a reduced rate, helping them raise much needed funds. The Macmillan Coffee morning held on 22nd September raised a magnificent £1,500. The Horticultural Society held their Christmas Fair, 'Deck the Halls' on the 4th December and the Milnrow and District Women’s Institute held a Cake, Craft and Charity event on the 22nd May in aid of Springhill Hospice.
We have commenced our efforts to raise funds to repair the flat roof to ensure the building is around for the future.
Pennines and Tim Bobbin Festival
The Trust celebrated Lancashire Day on Sunday 27[th] November by raising the Lancashire Flag and a reading of the proclamation at Dale Street Gardens, Milnrow in the presence of the Mayor of Rochdale, Councillor Ali Ahmed, and his consort Sultan Ali.
Hare Hill House
The House has continued to thrive delivering a host of events and activities and provided space and facilities for an increasing number of community and voluntary groups. We currently host weekly meetings of Littleborough Alcoholics Anonymous, Meet Up, Chill and Chat, Blokes, Sisters in Stitch and Art for All. The U3A organisation hold Management Committee meeting, and meetings of their Crafting, IT support, Gardening and Creative Writing groups monthly; as do Rochdale DS Allstars, Friends of Hare Hill Park and Moorend Development Trust.
We hosted the first of our Makers Markets on the 4[th] September and following its success held a further two Markets on Lancashire Day, 27[th] November and 2[nd] March. Our annual Macmillan coffee morning took place on 15[th] October raising £590 for the charity.
Our Children’s Xmas Fair held on the 18[th] December was a tremendous success. We also held our first theatrical evening following the pandemic, Falling Stars Theatre Company performed a play titled “Once upon a Time” to a full house on Tuesday 20[th] December.
In January we opened our Community Warm Space on a Monday morning helping those struggling with the increasing costs of heating and the overall cost of living. Over a period of 10 weeks, we welcomed a total of 175 into our warm space. A successful Crowd Funding initiative means we will be able to open our Warm Space once again this coming winter.
At Easter we partnered with one of our tenants, Risk Averse Surveyors and Face to Face Estate Agents to organize an Easter Egg Hunt in Hare Hill Park. More than 500 easter eggs were claimed by participants completing the Hunt.
Whilst in June we welcomed the South Pennines Community Choir who performed to a large audience. During the year we have also played host to 4 paranormal groups organizing ghost hunts. This is an increasing source of income for the House.
We have lost one tenant during the year and are currently taking the opportunity to undertake further repair and improvement works to several rooms before seeking new tenants. Our efforts to provide a temporary home for the Littleborough Food Club were unsuccessful with the organisation determining the premises were not suitable. Our efforts to secure finance to undertake a full re-roof of the property are ongoing, we are working with Locality with the aim of enhancing our bid to the next round of the Communities Opportunity Fund.
Pennines Business and Tourism Forum
The Trust, having reviewed the operation of the Forum approved a consultation process with members, stakeholders, and potential funders. However, due to other priorities the consultation was put on hold and still awaits implementation.
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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 Nicholas Andrews Treasurer & Hare Hill House Champion George Caygill Died 3[rd] May 2023 David Harding John Stanley Kenneth Griffin Resigned 31[st] January 2023 Pat Houghton John Hartley Councillor Tom Besford Eddie Coan
The Trust has 232 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 Trust employs no staff.
Accountants Community Accounting Lancashire C.I.C. Foxfields, 9 Norley Close Chadderton Oldham OL1 2LA
Bankers Virgin Money 9-11 Yorkshire Street Rochdale OL16 1BL Lloyds Bank 58 Yorkshire Street Rochdale OL16 1JP HSBC 2 Yorkshire Street Rochdale OL16 1EE
Epworth Investment Management Limited 2nd Floor, 9 Bonhill Street London EC2A 4PE
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FINANCE REPORT
The Accounts have been independently examined and approved by Community Accounting Lancashire C.I.C.
Balance Sheet (abbreviated) as at 30 June 2023
| 2023 | 2022 | |||
|---|---|---|---|---|
| £ | £ |
£ | £ |
|
| Fixed Assets | ||||
| Tangible Fixed Assets | 354,474 | 355,282 | ||
| Current Assets | ||||
| Debtors | - | - | ||
| Cash at Bank and in Hand | 176,705 | 163,512 | ||
| CREDITORS: Amounts falling due | ||||
| Within one year | (1,080) | (1,040) | ||
| NET CURRENT ASSETS | 175,625 | 162,472 | ||
| NET ASSETS | 530,099 | 517,754 | ||
| FUNDS OF THE CHARITY | ||||
| Unrestricted Funds | 494,368 | 467,586 | ||
| Restricted Funds | 35,731 | 50,168 | ||
| Total Funds | 530,099 | 517,754 |
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Grants received by the Trust.
Crowd Funder
TOTAL
£1,010.82 £1,010.82
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.
Nicholas John Andrews
Trustee/Director
20[th] November 2023
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MOOREND DEVELOPMENT TRUST LIMITED
TRUSTEES’ ANNUAL REPORT continued
YEAR ENDED 30 JUNE 2023
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 2023.
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:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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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:
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there is no relevant audit information of which the charitable company’s auditors are unaware; and
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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 20[th] of November 2023 and signed on their behalf;
Nicholas John Andrews Trustee/Director
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MOOREND DEVELOPMENT TRUST LIMITED
REPORT TO THE MEMBERS ON THE UNAUDITED FINANCIAL STATEMENTS OF MOOREND DEVELOPMENT TRUST LIMITED
YEAR ENDED 30 JUNE 2023
I report on the accounts for the year ended 30 June 2023 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:
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Examine the accounts under s145 of the 2011 Act
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Follow the procedure laid down in the General Directions given by the Charity Commissioners (under s145(5)(b) of the 2011 Act, and
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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:
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Which gives me reasonable cause to believe that, in any material respect, the requirements:
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To keep accounting records in accordance with s386 of the Companies Act 2006; and
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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
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
21[st] November 2023
Miss Jacqueline Bird F.M.A.A.T.
Community Accounting Lancashire C.I.C. Foxfields, 9 Norley Close, Chadderton, Oldham, OL1 2RA
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MOOREND DEVELOPMENT TRUST LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 30 JUNE 2023
| Unrestricted Funds Restricted Funds 2023 2023 Notes £ £ Income from: Donations 2 14,044 - Charitable activities 3 - 1,011 Other trading activities 4 44,218 - Other Income 5 3,229 - Investments 1,234 - Total 62,725 1,011 Expenditure on: Raising funds (fundraising expenses) - - Charitable activities 6 35,943 15,448 Other expenditure - - Total 35,943 15,448 Net income/(expenditure) 26,782 (14,437) Reconciliation of funds: Total funds brought forward 467,586 50,168 Total funds carried forward 12 494,368 35,731 |
Total Funds 2023 £ 14,044 1,011 44,218 3,229 1,234 63,736 - 51,391 - 51,391 12,345 517,754 530,099 |
Total Funds 2022 £ 1,297 21,990 37,372 2,667 31 63,357 801 42,805 - 43,606 19,751 498,003 517,754 |
|---|---|---|
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 2022.
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MOOREND DEVELOPMENT TRUST LIMITED
BALANCE SHEET
AS AT 30 JUNE 2023
| 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 |
2023 £ - 176,705 176,705 (1,080) |
£ 354,474 175,625 530,099 494,368 35,731 530,099 |
2022 £ - 163,512 163,512 (1,040) |
£ 355,282 162,472 517,754 467,586 50,168 517,754 |
|---|---|---|---|---|
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director’s responsibilities:
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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
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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 20[th] of November 2023 and signed on its behalf by:
Nicholas John Andrews Trustee/Director
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MOOREND DEVELOPMENT TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2023
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.
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MOOREND DEVELOPMENT TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2023
2. Income from Donations
| ncome from Donations | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | 2023 | 2022 | |
| Funds | Funds | Total Funds | Total Funds | |
| £ | £ | £ | £ | |
| MoorEnd Trust | - | - | - | 429 |
| Hare Hill House ** | 14,044 | - | 14,044 | 868 |
| General Donations | - | - | - | - |
| 14,044 | - | 14,044 | 1,297 |
** Includes a donation received of £13,000 from Age Concern
3. Income from Charitable Activities
| ncome from Charitable Activities | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | 2023 | 2022 | |
| Funds | Funds | Total Funds | Total Funds | |
| £ | £ | £ | £ | |
| Grant Income: | ||||
| Crowd Funding (Warm Places) | - | 1,011 | 1,011 | - |
| Places Called Home (Meet Up) | - | - | - | 5,000 |
| Postcode Lottery (Meet Up) | - | - | - | 15,690 |
| Arnold Clark Community Fund | - | - | - | 1,000 |
| Forever Manchester Connecting Communities | - | - | - | 100 |
| Rochdale MBC (Meet Up) | - | - | - | 200 |
| - | 1,011 | 1,011 | 21,990 |
4. Income from Other Trading Activities
| Unrestricted | Restricted | 2023 | 2022 | |
|---|---|---|---|---|
| Funds | Funds | Total Funds | Total Funds | |
| £ | £ | £ | £ | |
| Rental Income Butterworth Hall | 16,953 | - | 16,953 | 13,840 |
| Rental Income Hare Hill House | 12,422 | - | 12,422 | 10,897 |
| Hare Hill House Events | 9,053 | - | 9,053 | 6,950 |
| Other Rental Income | 5,790 | - | 5,790 | 5,685 |
| 44,218 | - | 44,218 | 37,372 |
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MOOREND DEVELOPMENT TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2023
5. Other Income
| Unrestricted Funds Restricted Funds £ £ Omicron Hospitality & Leisure Grant - - Sundry Income 3,229 - 3,229 - |
2023 Total Funds £ - 3,229 3,229 |
2022 Total Funds £ 2,667 - 2,667 |
|---|---|---|
The charity did not receive any Government Grants during the period from 1[st] July 2022 to 30[th] June 2023. In the previous year the charity benefitted from a total of £2,667 of Government Grants, received from Rochdale MBC. In accordance with accounting policy, this credit was included in ‘Other Income’ within the ‘Statement of Financial Activities (incorporating the Income and Expenditure Accounts)’ in the period for which they compensated.
6. Expenditure on Charitable Activities
| Unrestricted Support Costs Unrestricted Direct Costs Restricted Direct Costs Unrestricted Governance Costs £ £ £ £ Hare Hill House Meet Up - 1,985 11,830 - Hare Hill House 5,842 - - - Warm Space Project - 993 - - Blokes - - 1,429 - Butterworth Hall - 21,488 - - Butterworth Hall Project - 295 2,189 - Bank Charges - - - 171 Meetings and Sundry Expenditure 665 2,603 - 13 Accountancy Fees - - - 1,080 Depreciation - 808 - - 6,507 28,172 15,448 1,264 |
2023 Total Funds £ 13,815 5,842 993 1,429 21,488 2,484 171 3,281 1,080 808 51,391 |
2022 Total Funds £ 12,469 6,359 - 2,240 16,075 - 127 3,485 1,040 1,010 42,805 |
|---|---|---|
Total resources expended are stated after charging:
| Independent Examination fees | 2023 £ 1,080 |
2022 £ 1,040 |
|---|---|---|
No Trustees were paid any remuneration or expenses during the course of the year (2022: £nil).
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MOOREND DEVELOPMENT TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2023
7. Tangible Fixed Assets
| Cost or Valuation Cost/Value at 30thJune 2022 Additions Cost/Value at 30thJune 2023 Accumulated Depreciation Accumulated Depreciation at 1stJuly 2022 Depreciation charge for the year Accumulated Depreciation at 30thJune 2023 Net Book Value Net Book Value at 30thJune 2023 Net Book Value at 30thJune 2022 ebtors Prepayments and Accrued Income reditors: Amounts falling due within one year Accruals |
Land & Building Furniture & Equipment £ £ 351,240 36,505 - - 351,240 36,505 - 32,463 - 808 - 33,271 351,240 3,234 351,240 4,042 2023 £ - 2023 £ 1,080 |
Total £ 387,745 - 387,745 32,463 808 33,271 354,474 355,282 2022 £ - 2022 £ 1,040 |
|---|---|---|
8. Debtors
9. Creditors: Amounts falling due within one year
10. Company Status
The charity is limited by guarantee and has no share capital. There are 232 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.
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MOOREND DEVELOPMENT TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2023
| 12. Movement of Funds Unrestricted Funds: Capital Funds General Funds Designated Funds Restricted Funds: Crowd Funding (Warm Places) Tim Bobbin Festival Postcode Lottery (Meet Up) Arnold Clark Community Fund Forever Manchester Connecting Communities Pennines Township Committee (Blokes) Co-Op Community Fund (Blokes) Co-Op Community Fund (Butterworth Hall) Hare Hill House Donations Total Funds |
Balance as at 1 July 2022 Incoming Resources Resources Expended Transfers £ £ £ £ 355,282 - (808) - 74,968 49,725 (34,142) (1,000) 37,336 13,000 (993) 1,000 467,586 62,725 (35,943) - - 1,011 - - 1,396 - - - 11,830 - (11,830) - 598 - - - 100 - (100) - 208 - (208) - 2,783 - (1,121) - 2,189 - (2,189) - 29,886 - - - 1,178 - - - 50,168 1,011 (15,448) - 517,754 63,736 (51,391) - |
Balance as at 30 June 2023 £ 354,474 89,551 50,343 494,368 1,011 1,396 - 598 - - 1,662 - 29,886 1,178 35,731 530,099 |
|---|---|---|
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MOOREND DEVELOPMENT TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2023
13. Comparative Information (previous year)
| Unrestricted Funds Restricted Funds 2022 2022 Notes £ £ Income from: Donations 2 1,047 250 Charitable activities 3 - 21,990 Other trading activities 4 37,372 - Other Income 5 2,667 - Investments 31 - Total 41,117 22,240 Expenditure on: Raising funds (fundraising expenses) - 801 Charitable activities 6 25,557 17,248 Other expenditure - - Total 25,557 18,049 Net income/(expenditure) 15,560 4,191 Reconciliation of funds: Total funds brought forward 452,026 45,977 Total funds carried forward 12 467,586 50,168 |
Total Funds 2022 £ 1,297 21,990 37,372 2,667 31 63,357 801 42,805 - 43,606 19,751 498,003 517,754 |
|---|---|
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