4CT LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Registered Charity No. 1120417 Company Registrats"on No: 04750811
4CT LIMITED INDEX PAGE NUMBER CONTENTS TRUSTEES ANNUAL REPORT INDEPENDENT EXAMINERS REPORT STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET STATEMENT OF CASH FLOWS 10-22 NOTES TO THE ACCOUNTS
4CT LIMITED Report of the trustees for the year ended 31" March 2024 The trustees present their annual directors, report and financi31 statements of the charity for the year ended 31, March 2024 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and the 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 {FRS 102) (effertive I January 20191. Objectives and artivities l. The charity's objects {"Objects") are specifically restricted to the following: {a) To promote the benefit of the inhabitants of Greater Manchester (hereinafter called the 'area of benefit, by associating the local authorities, voluntary organisations, Other agencies and inhabitants in a common effort to advance education and to provide facilities in the interests of social welfare for the recreation and leisure-time occupation with the object of improving the conditions of life of the said inhabitants, and Ibl The promotion of the voluntary sector for the benefit of the public. For the purpose of this object, the voluntary sector means charities and voluntary sector organisations as follows: Charities are organisations established for exclusively charitable purposes in accordance with the law of England and Wales; Voluntary organisations are independent organisations, which are established for purposes that add value to the community as a whole or significant section of the community, and which are not permitted by their constitution to make a profit for private distribution. Voluntary organisation5 do not include local government or other statutory authorities. 4CT's main work Is across 4 ke themes: l. Developing facilities 4CT Man3 ed Communit Facilities The Grange, in Beswick, open for 19 years as a multi-purpose community venue Sporting Edge, in Openshaw, a youth and community sports centre opened in 2008 Broadhurst Community Centre, operated since 2018 From 114/23 we will operate the Stirling Centre in Nevrton Heath Other Cenires Other centres- supporting centres in other areas such as Gorton and Newton Heath, offering support, interim management and development of other centres, working with these centres to jointly develop sustainable facilities with robust policies and procedures. delivering the best possible services for local service users and helping to co-ordinate local networks and partnerships.
4CT LIMITED Our CEO also acts as the partnership Director for Levenshulme Inspire Centre and we collaborate on joint work such as the Holiday Activity Fund. 2. Building Capacity A broad term for the work we do to support other community organisations, this can be anything from handling a small grant for a local group, organising DBS checks for staff or volunteers or more formal consultancy work where a group pays for 4CT expert15e to help with a particular issue. 3. Valuing Children and Young People Children and Youn Peo le with Disabilities I club for young adults per week (aged 18-25} 4 clubs for children and young people providing Short breaks (10-17 year olds) 6 Saturday clubs for children and young people (4-10 year olds) Holiday playschemes (6-12 year olds) Youth and Pla 4CT continues to be a lead agency for the East Manchester Youth and Play Partnership, this includes holding the funding for 5 other groups and working collaboratively with a wide range of groups. We completed the first two year contract for the Partnership in March 2020 and are pleased to report a further contract for 2023-24 and 2024-25. 4CT also ran playschemes in East Manchester and co-ordinated a wider HAF programme for 6 agencies and a citywide SEND programme 4. Delivering Services From dancing and table tennis, lunch clubs and cost of living support we deliver a range of activity in and around our centres to support local communities. The trustees confirm that they have referred to the Charity Commission's guidance on public benefit when reviewing the Charivs aims and objectives, in planning future artivities, and setting the policies for the year. The charity furthers its charitable purposes for the public benefit through 4CT delivers a wide range of services and activities that contribute to improved quality of life for participants and improve the wider area. Examples of community benefit achieved by 4cr include free access to services such as computers and sports service5 through the facilities we manage access to positive diversionary activities for children and young people through our youth and play programmes and wider community benefit of reduced nuisance and anti-social behaviour. 4CT produced an impact report in September 2024 that summarised all the work we had undertaken during the summer school holiday periods. We continue to respond to support communities after the Covid pandemic and during the cost of living crisis.
4cr UMITED Financial review We were unable to add to our reserves due to a reduction in core funding combined with increased costs in this financial year. We will continue to explore a diverse range of income generating activities. Investment powers and policy The trustees, having regard to the liquidity requirements of operating the charity, have kept available funds in the current account. Reserves policy and going concern The balance held in unrestricted reserves at 31 March 2024 was £101,271 of which £90,431 are free reserves, after allowing for funds tied up in tangible fixed assets. The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure. The trustees consider that this level will provide sufficient funds to respond to applications for grants and ensure that support and governance costs are covered. The Charity's main source of income is grants and fees. The Trustees consider that it is appropriate to prepare the accounts on a going concern basis and, consequently, the accounts do not include any adjustments that would be necessary if these sources of income should cease. st Risk management The business continuity plan was updated in April 2023 and 315 policies and procedures are reviewed against our policy schedule. Health and safety and safeguarding incidents are reported to the Board and our Quality Policy and conduct monthly quality audit. Procedures are in place to establish compliance with legislation and good practice. Plans for Future Periods 4CT will produce a business plan for 2025-28 in the coming months. Structure, governance and management 4CT Limited is a company limited by guarantee governed by its Memorandum and Articles of Association dated July 2012. 4CT was established in 2005 and registered as a charity in August 2007. We continue to recruit new trustees that add to our existing skills, knowledge and experience. Appointment of trustees As set out in the Articles of Association trustees are elected annually by the members of the charitable company attending the Annual General meeting and serve for a period of 3 years. Trustee induction and training Most trustees are already familiar with the work of the charity as a result of being local people and due to their involvement in the charity. Additionallyi new trustees are invited and encouraged to attend induction and training in relevant policies and procedures as and when necessary.
4CT LIMITED Organisatlon The board of trustees administers the charity. The board normally meets quarterly. A Chief Executive is appointed by the trustees to manage the day-to-day operations of the charity. Related partles and ctroperation with other organisations None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager with any service providers must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. In the current year no such related party transactions were reported. Reference and administrative information Charity Name: 4cr Limited Charity Number: 1120417 Company Registration Number: 04750811 Directors and trustees The directors of the charitable company Ithe charity) are its trustees for the purpose of charity law. The trustees and officers serving during the year and since the year end were as follows: Key management personnel: Trustees and Directors Susan Brookes Treasurer Jane Chadfield Leslie Chadfield David Iredale Chair of Trustees Claire Evans Company Secretary Chief Executive Claire Evans Registered Office The Grange Pilgrim Drive Beswick Manchester MII 3TQ Independent Examiners Community Accountancy Service Limited The Grange Pilgrim Drive Beswick Manchester MII 3TQ
4cr LIMITED Bankers The Co-operative Bank plc l Balloon Street Manchester M60 4EP Trustees responsibilities in relation to the financial statements The charity trustees (who are also the directors of 4CT Limited for the purposes of company law} are responsible for preparing a trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Gerierally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each 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, including the income and expenditure, of the charitable company for that period. In preparing the financial statements, the trustees are required to: Select suitable accounting principles and then apply them consistently; Observe the methods and principles in the applicable Charities SORP; Make judgments and estimates that are reasonable and prudent; State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements; Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that 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 Companies Act 2006. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. By order of the board of trustees David Iredale Chair Date: 10 December 2024
Independent examiner's report to the trnstees of 4cr LIMITED I report on the accounts of the company for the year ended 31" March 2024, which are set out on pages 7 to 22. Respective responsibilities of trustees and examiner The trustees (who are also the directors of the company for the purposes of company law) are responsible for the pparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 201 l Act) and that an independent examination is needed. The charity is required by company law to prepare accrued accounts and l am qualified to undertake the examination by being a qualified member of The Association of Chartered Certified Accountants. 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 section 145 of the 201 l Act ' to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(b) of the 201 l Act" and to state whether particular matters have come to my attention. Basis of 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 statement below. Independent examiner's statement In connection 1th my examination. no matter h&s come to my attention: ( l ) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 386 of the Companies Act 2006. to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the CompanÉes 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 whicl in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. AM King FCCA Community Accountancy Service Ltd The Grange. Pilgrim Drive, Beswick. Manchester, Ml 13TQ th Date: l O December 2024
4cr UMfrED STATEMENT OF FINANCIAL ACTIVrn FOR THE YEAR ENDED INCL DIN C0141E ANO EXPENDITURE ACC Total Funds Yèar Ended 31 March Yèar Endèd 31 2024 March 2023 Totsl Funds Unrestrithd Restrlcted Funds Funds Further Detsl Incomè from: Donatlons ancl legaoes Charitable Actlvtbes OtherTrading A¢tivilies Totsl 131 141 151 464.807 13.883 478.6 505.352 970.159 13.883 984,042 875.542 64.902 940,444 505.352 Expendoture on: Raising Funds Charitable AciNibes Other Totsl 197.194 197.194 810.476 202,581 788,981 1.941 993,503 530.470 477.2 530.470 I.CK)7.670 Net In¢omellexpend[tu} 1,49) 125.1181 123.6281 153,0591 Transfer5 beNv8en frjnds (151 122.6701 22.ffl> Net movement in funds 121,1801 12.4481 123,6281 153,0591 Reconclllatlon of funds Total funds biought forwaril Totsl funds c8rried fonvard 152,451 131.271 15,541 13,093 167.992 144,364 221.051 167,992 {151 The ststement of finan(ial aLvibaS indLKJes all 9$ and ksses rets)gnlsed b) the yEar. All inccffie and Tre inrne and &¥penditure for mparative ye8r have been re5t3ted to reffe¢tl 9rants behalf of thwd p8rties. These grants should not have fftduded in either 4CT Irrne or expenditu. im)meJexdltr1 remains unchangèd. The rK)¢es on pages 8 to 18 fom part ofthese aoxths.
4cr UMrrED BALANCE AS AT 31 MARCH 2024 Comparty rogrstration number. 04750811 Fixed a88ets.' Tangible assets Total fixed assets 13.959 13,959 12.147 12,147 Curreni assets: Oebtors Cash at Bank & in Hand Total Lyrrent assets 1131 150.414 85.960 236.374 177.048 173.564 350,612 Liabilities.. Creditors.. Amounls falling duethin one year 114} 105, 194,767 Net Curt assets or IrabilrtE5 130,405 155.845 Total assets less cur1 liabiliti88 144.384 167.992 Total net assets or lialmlttles 144,364 167,992 Th• furtds ofthe Charity: Restricted income funds 1151 13,093 15.541 Unrestritted incorne fuods 1151 131.271 152,451 Totsl charityfunds 144. 167.992 For the period in questiorTr the company was efttltled to the exemption conferred by section 477 of the Companies Art 2006, and that no notice has been depostted under 5ertion 476 In relation to its accounts for the financial year- and the direaor5 acknowlÈd8e their resp)nsi"11tles for - complying with the requirements of the Cornpanies Art 21M)6 wr(h resFeCtto accountin8 records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to cornpanie5 5ublett to the small companies, regime. Approved by the trustees on 10th Detemtr 2024 J3ra,L Davld Iredale Chair The r¥Jtes on pages 8 to 18 form partofthase xnts.
4CT UMITED Statement of Cash Flos fortheyearending 31 Mwch 2024 Reconciliation of net movemetrt In fvnd$ to net ¢ath Ilowfrom operatIngNIt Year Ended Year Ended 31 March 31 March 2023 Net movement infunds Add back depreciation Oecrea5e/lincreasel in debtor5 Increaselldecreasel in creditors (23,626) 153,0591 26,634 {88,798} 110.0361 142.6541 Net cash used in operatingacti¥ibe5 178.308 100.7811 ash flows trom Investrnent admtles: Purchase of fLxed assets 19.296) (7.2991 Net cash pmided by investing aclivities 19.2961 17,2991 Increaselldecreal in cash and r£sh equlvants dunng the year 187.6041 1108,0801 Cash and cash equivalents browt foThvard 173. 281,644 Cash and ¢h equivalents carried forward 85, 173.564
4CT UMITED 10 Notes to the accounts l. A¢tounting polrcies Izl BasÈs of preparatlon and eSsment of Koine eoncern The accounts Ifinancial staterDent51 have been prepared under the historical CO corwention with items recognised at C05t or transaction value unless otherwise stated in the levant notes to these accounts. The financi31 statements have been prepared in accordan with the Statement of Recommended Practice.. Accounting and Reporting bychartties prep8ring their accounts in atC0rdan with the linancial Reporting Standard applicable in the UK ènd Republic of Ireland IFRS 1021, issued Istjanuary 2019, and the Financial Rewrtingstdndaid applicable in the United King(tom and Republ1¢ of Ireland IFRS 1021 a[ the Charities Att 2011. The charity con5titute5 8 public benefft entity as defined by FRS 102. The trustees conslder that there ère no Material urKertaintie5 aboutthe char5 ability to continue as a going corKern. Ibl Funds structure Restricted funds are funds which are to used Èn accordare with specific restrictio imposed by the donoror trust deed. There are 17 resiricted funds. Unrestricted income funds comprise tmse funds which thttrustees are free to Use for arry purpose infurther4r of the charltable obletts. Unrestrirted funds include de5ignate(l fvEK15 wherethetru5tees, at theirdiscretion, have created 3 fund for 3 speciffc prSe. Further details of each lund are disclosed In note . 1£) Income recoBnff<ion All income 15 recogni5ed once the charity has entitlernenttothe incorne, it t5 probable thatthe income will be received ?nd the amount of ir)come receivatAe can be measured reliably. Donation5 are recogni5ed when t charity h35 been nottfted in writing of both the arKJ settlemet date. In the event that a donation is SLtbie¢tto conditions that require a level of performance befo the tharity isentltled to the funds, the income 15 deferred and not recDgni5ed until either those conditions are fulfy met, or the futh"Iment of those conditions is wholly withift the control of the charity aThl it is probable that those conditions will be fvlfilled in the reporting period. Interest on funds held on deposit is included when receivable and the amount can Fk measured reliably by the chaAty- this is normally upon notification of the interest paid or payablÈ bythe bank DNKlends are recognised once the dividend has been declared and notification has been received of the dividend due. The charity recelves grants on behalf of third party organisations. These grants ale iemoved frtsm Income and tated as reditors until such time as the third parties receive payment. Idl Expendiiure Recognltlon Liabilities are recognised as expenditure as soon asthere 15 a legal or constrKtlve obligation committiogthe chaftty to th3t expenditure, it 15 probable that settlement will be required and the amount of the oblÈatlon can be measured All expenditUTe 15 accounted for on an accruals ba515. All expenses IludIng support C05rs and govewn)n¢e costs are allocated or apportionedto the èppllcable e¥pertrtr(u heading5. For mole infomatlon on this attribution refer to Thxe 11) below. lel Irre¢overable VAT Irrecoverable VAT is charged 38ainstthe expenditu headlfOr which rt wa5 iJKurred. If) Allotation ofsupport and gOwnan costs Support costs have been allocated bÈtwÈen governance costs and other sup5Y)rt Costs. Governance cost5 comprfjse all costs involvin8the public accountability of the charity and tts compliance with regulation and good pract6ce. These costs include costs reledto independent examination and legal lee5 togetherw5th an ap)rtiOnrnentof ¢)verhead and support Costs. Governance c05t5 and support Costs relating to tharitaEAe ath¥Aties have been apportioned based ontype of expense. The allocation of support andgoveinance c¢ists is analysed in note 8. Igl Costs of raising funds The costs of raising funds con5i5ts of acti¥ibes. marketin8 and 08S cos Ihl Charitable Activities Costs of charitablè artivities indude govemaKec05ts and an apwrtionment of 5UPPOrtcosts as shown in note 7.
UMITED li 111 Tan8iblefixed assets and depreclatlon All a55ets costing more than £5& are capitalised and valued at historical com. Depreclaiiori 15charged onthe following basis.. Compute Fixture5 and Ftttsngs 33.33% o)st 25% on cc6t Ul Reallsed galns losses All gains and1055es are laken to the Statement of FinarKial Atti¥ities as theyarise. Realisedgains and1055es o investments are calculated as the dlfferencÈ betWEen 5ale5 proceeds and their opening Carryi value or their purchase value if acqLbired subsequentto the first day of the financial year. Unalised gains and losses are alculated as the difference between thefair value at the year end and theirvaryingvalue. Reallsed and unreallsed investment gal5 and losses are cornbined in the Statement of FinarKial Artivities. Ikl Pensions The charity operates a stakeholdeT tEn5ion scheme for its employee5. The charity has no liability beyond making its contributions and paying acrossthe dedtIOn$fOr theemployee's contrlbutions. 111 Debtors Trade and other debtors are recognised atthe setdement amount due afterany trade discount offered. Prepayments are valued at the amount prepaid net of anytrade discounts due. Im) Credltors and provlslons Creditors and provisions are recognised where the Char has a present OlSa1•0 resulti from a past eventthat will probablv result in the transfer of funds to a third party and the amount due to settle the obligation can measured ore5tirnated reliably. Creditors and provisions are normalty recognised at their 5etheTrEnt amount afterallowlfQr anytrade discounts due. 2. Relatéd party transactions and trustees, expenses and MUneratIOn The trustees all Eive freely their titne and expert15e without anyfrJmJ of remuneration or other benefit ¢n cash or kind 12023.. £nill. Expense5 paid to the trustees in the yeartotalled £nil12023= £nill. Tru5teesJane Ckdfield and Leslie Chadfield are also involved wtth the Stiding Centre which is In receipt of funds frorn 4CT. 3. Donatlons and Legacie5 Unrestrlcted Re5trict8d Tolal Funds Totsl Fund Year Entw Year Ended Year End•d 31 Marth 31 March 31 March 2024 2024 2023 Year Ended 31 March 2024 Oonatiotss Previous reporting period Unrnstrict8d RestrKt¢d Totsl Funds Year Ended Y¢ar End8d 31 Marth 31 Al8reh 2023 2023 Year Ended 31 March 2023 Donations
4 UMITEO 12 4. Income from ¢haritablèadivies Unrests1cted Resirthd Tc¢al Funds Tctsl Fund$ Year Endèd Yèar Ended Year Ended 31 Mah 31 March 31 March 2024 2024 2023 Year Ended 31 March 2024 Fee Income Rcom Hire Salary Recharges Other Income Reslricte(J and unrestled grants.. Manchester Youth Zone- B¥oadhur$¢ Ywth Active Comrnunities- ToWr Fund ManchesterActive ManchesterAdive- February HaW.Tewrn ManehesterAdive- Summef SEND ManthesterActive- Summer 4CT ManchesterActive- Chnstmas ManthesterActive- Summer EMYPP ManthesterActive- Ocxoter HaW-Tem) Manchestsr Active- Spring Break GM NHS MHS Buzz He81th & WellbeiThJ Hate Crirne Manchester One Manchester Young Manchester National Lottery Fund NHS Manchester Iformerty CCGI VCSE MCC- VCSE Short 8reaks- Konnect Short Breaks- Fizz Konnect Short Bk$- Saturday Clubs Sutktotal ejfbvd 47. 141,670 47.808 141.670 285 122.152 70,284 2,788 18,262 43,786 43,786 67,149 5.100 108.011 70.266 36.016 55.371 4.890 67.149 5.1(M) 108.011 70.266 36.016 55.371 4.890 5,320 90.621 19.616 38.53Q 955 500 200 21K) 43,882 14.612 14.612 5,300 74,942 8,174 e.729 82.072 54>.287 53,420 53.420 6.037 11.192 87.257 761,79) 6.037 11.192 87.257 456.f 305.181
4cr UMfTED 13 4. Income from eharitsbFe adivittes Un$trIcted R•strict8d Total Funds Total Funds Y•ar Ended Year Ended Year Endtd 31 March 31 March 31 IAarch 2024 2024 2023 Year Ended 31 Marth 2024 Sub-total t Short Breaks- Summer SEND Short Breaks- Playsthemes Short Breaks- SPACE Southway Housing BBC Chlldren in Need Eden Group Street Games UK Swrted Foundation MCC - 1000 Day5 MCC-ACES NHS Manchester CCG-ACES NHS Manchester CCG- Coalthl (rflQ"ndness MCC- East Manchester Youlh and Play PartnthIp MCC- Broadhurst 1000 Days MCC- Covid 19 CRF C(Knmunity Hubs MCC . Covid Impaet FurKJ MCC- Cycle Prqect MCC- Youth Ser¥i MCC- Mustard Tree MCC- Sporting Edge MCC- Stiding CC - Youth Investment Panel MCC . NIF National Lottery FurKI- Trknlli Fh)urs Youth Bank Third Paty Grdnls 305.2 456,EQ9 761.79) s.283 9,401 11,395 2,779 11.395 2,7T9 1,500 10,106 235 12,034 500 8,333 20,000 3,667 650 25.518 4,167 26,010 10.000 12,126 76,750 500 16.333 16.333 13,582 3.750 17.332 13.59J 13. 79.413 79.413 15.030 15,030 21,250 3.250 5.581 5,581 717 38.541 875,542 14.178 464.807 25.238 $05,352 39.416 970.159
4 UMITED 14 4. Income from tharliable&ti¥itses Previous reFK)r&ng Unrèstricted Restrfcted Totsl Fund5 Year Ended Year Endèd 31Ma 31 Mah 2023 2023 Year Ended 31 March 2023 Fee In(x)me Rwtn Hire Salary Retharg8S other Inetsme Restricted and unrestIle grants.. Manchester Youth Zone- Broadhurstycwth Manchester Active Manche8terAclive- February Haif-Temi ManchesterAclive- Chnstmas GM NHS MHS Buzz Heatth &Wdlt Young Manchester NHS Manchester ICB Ifomierty CCG} VCSE MCC. VCS Short Baks- Konned Short Breaks- FEZ Konned Short Breaks- Saturday Clubs Short Breaks- Summer SEND Southway Housing BC Childn in Ne&Y Eden Group Street Gatnes UK sport Foundati MCC- 1000 Days MCC-ACES NHS Manchester CCG- ACES NHS Manchester CCG- Coalibon of Kindn MCC- East Manches¢er Yc*Jlh and P18y PatheIp MCC . Broadhurst 1000 Days MCC- Covid 19 CRF Communty Hubs MCC- Cowd lrnpact Fund MCC. Cyde Project MCC. Youth SeNs MCC- Mustard Tree MCC- Youth Investsnent Panel MCC- NIF Youth Bank Third Paty Grarts 122,152 70.264 2.788 18.262 122.152 70.264 2.788 18.282 6.000 89.621 19,616 38.530 SY>.621 19.616 955 34.782 955 43.882 9,100 5.300 74.942 74.942 8.174 6.729 2.072 9.401 8.174 6,729 2,072 9.401 10.1C 10.11 235 235 12.1)34 12.034 5(Kl 8.333 20.000 3.667 650 25.518 4.167 26.010 10.rKx) 12.128 76.750 500 I0.() 3,667 650 25.518 4.167 26.010 10.0 12.126 76,750 21.250 21.250 3.250 717 38.541 875,542 3.250 717 38,541 420.461 455.081
UMITED 15 S. Incom8 from oth•rtradÈng activlues Unrestrfjcled R•Str1et Totsl Funds Totsl Funds Year Ended Ytar Ended Year Ended 31 March 31 March 31 IAarch 2024 2024 2023 Yèar Ended 31 Marth 2024 Payroll Fee5 Consultancy 540 13.343 13,883 870 64.232 64,902 13,343 13,883 Previous reporting period Unrestricted Restricted Totsl Fund Yoar Y•ar Endod 31 March 31 March 2023 2023 Year Ended 31 March 2023 Payroll Fees Consultancy 670 670 64,232 64,902 64.232 64.902 6. Expenditure Communlty Year Ended Year Ended 31 Mareh 31 March 2024 2023 Sery] Expendlture on ralslngfunds: Activities 197,194 197,194 197.194 197.194 202.581 202.581 ExpenditUf• on eharltable acimtles: Employment Costs Employment Costs- Ladybarn External Staff Costs Volunteer xse$ Training Securlty 8ank Charges Travel Expenses Bad Oebts Third Party Expenditure Rates and Water Heat and Light Subscriptions IT Maintenance Cleaning Telephone Repairs and MaintenarKe Insuranc Governanc* Costs Post, Printing & Statk)nery Depreciation 440.394 440.394 401.021 8.649 1.623 1.623 1,610 10.788 337 414 537 {5.879) 137.801 27,778 91.241 2,497 414 537 15.8791 137.801 27.778 91.241 2.497 6.068 13.729 21.545 23.397 15.630 9.075 8,136 7.484 810.476 15,0281 147.024 27,139 85,667 5.254 7.09D 12,189 16,625 28,283 13,302 12,493 7.246 4.968 788.981 13,729 21,545 23,397 15,630 9,075 8.136 810,476 Other expendlture: MIS11ae0us 1.941 1,941 993.503 1,007,670 l.(A17.670
UMrfED 16 & Expenditure Year Ended Year Ended 31 March 31 March 2024 2023 Restricted Funds Unrestricted Funds 530.470 477.200 1,007,670 417.805 575,698 993,503 7. AnalysÈs of expeThJiture oncharitable artivitie5 As per note 6. 8. Allocation of 8oveman¢e and support costs The bre?kdown of 5UPPOrt Costs atKI knw these were allocated between govern3rKe and other support Costs 15 Shown below.. General Support Governance 6.401 Total 2024 Basis of apportlonment 8,401 tytE of exw 1,500 of ex[se 492 tyre ofexrmse 682 type ofexpwse 9.075 P8yroll F8e5 Accountancy Fees AccountanLy Support Stsft DBS Costs 492 7.575 pOuS reporting peri General Support 5,403 2,470 Go¥emwe Total 2023 Basis of apptsrtionment 5,403 type of expEn5e 2.470 type d expense 2.520 tyr of eXpStr 332 ofexFense 1,768 ofexrense 12.493 Payroll Fees Consultancy Fees Accountancy Fees Accountancy Support Staff DBS Costs 2,520 332 1,768 9,973 2.520 9. Analysis of staff costs Yèar Ended Year Ended 31 Mar¢h 31 March 2024 2023 Wages and Salar Redundancy Sw81 Security Costs Pension Costs 417.537 18.797 1.740 401.021 2.225 440.394 Charitsble activities Support costs 440.394 401,021 440.394 401.021 The average number0femOyees during the year wJ5 56 Iprwous year. 541. The charity considers its key rnaThageftnt personnd wmprises the trustees and CW EXetr¥e Offw. Thelotsl employment benefits, Including employer pension contributions of the key management personnel were£57,970 Iprewous yèar. £55.2681. No emthee has fmefits in exoss of£60.000 Ipre¥K)L48year. none). 10. Independent Examlner Fe85 Yèar Ended Year End 31 March 31 Mah 2024 2023 1.500 492 2.520 332 2.852 other finanal suprx)rt 1.992
41Ct UMrrED 17 11. Tanglble Fixod Assèts Cornputws Ftttfjngs Total At 1 April 2023 Additions At 31 March 2024 35A95 72.684 9,296 81,980 108.579 9,296 117.875 35,895 Depreclatlon At 1 April 2023 Charge for Year At 31 March 2024 35.895 60,537 96,432 7,484 103,916 35,895 68.021 NET BOOK VALUE At 31 March 2024 13,959 12.147 13.959 12.147 At 31 March 2023 12. Analysls of debtors 2024 2023 Oebtors Prepayments 128,715 21,WJ9 150,414 145,887 31.161 171,048 Debtor5 and prepaytnents relatedto restritted fuNts £39,14012023.. £115,079) Unsttted funrjs £IIL27412023: £6L9691. 13. Creditor5'. amountsfallinKdue wlthln oneyear 2023 Creditors short.temi compernsate(J abw(ts IhcAMI payl Other creditors and accrvats Deferfftd income 46.595 3.774 9.168 46.432 1QS.969 43,117 3,428 3.032 145.192 194,767 14. Deferred Income 0&fèrd income comprises grdnts recw¥1 in advance. Balan as at 1 April 2023 Amount leaSe to in)rne earr*d frcfft chariiabk ac)"wties Amount deferred in year Balan at 31 March 2024 145.192 {145,1921 46.432 46.432
4CY UMITED 18 15. Analy818 of charltoble funds Anatysls of movements In UnrestrIc funds Balance at 1 April 2023 Incomlng Resources Resources Expend Balance at 31 March 2024 Transfers General Fun Designated Fur 152.451 478.690 147T.2001 152.6701 30.000 122,6701 101.271 30.000 131.271 152.451 478,690 1477,2001 Previous re[tig 0d Balance at 1 April 2022 Incomln9 Reyources Ro$our$ EXnde<l Transfers Balancè at 31 March 2023 General Fun 216,783 216,783 519.983 519.983 1575.6981 1575.6981 18.61n 8,61n 152.451 152.451 Name of unrestr4thd fund: General Fund Des¢rfjpUon, and purpose ofthe fund The'yree reseNes"
4cr UMrtED 19 15. Analysls of charJtsble funds Anaty8i$ of movements in re8trKted funds 8alanco at I Aprfjl 2023 Incomlng R•sourc•s Resources Expended Transfers Balanc• at 31 March 2024 ManehesterAdive ManchesterActive. Febnrary Half-Temi ManthesterActive- Summer SEND ManchesterActive- Summe¢4CT ManchesterActive- Christmas MancheSterArve- Surnrnef EMYPP Manchester Active- Ottor HaW-Tem) Manthester Active- Spring Break Short Break5- Konnect Short Breaks- Fizz Konnect Short Breaks- Saturday Clubs Short Breaks- Playschemes Short Breaks- SPACE CC- East M8nchèstsrYcwJth and Play partn National Loitery FuryJ- N*'llion Hours Third Party Gfant5 MCC- Cycle Prqed 6.517 67,149 5.100 108.011 70.266 36.016 55.371 4.8 5.320 6.037 11,192 87,257 11,395 2,779 3.750 5.581 25.238 (73.6841 15,1(X)I 1108,0111 0.2661 137,1401 (55,3711 14,8901 15,3201 16.03n {11.7321 187.25n 111.3951 16.7421 13.7501 15.4611 135.8851 12,2491 1530.470 218 1.124 540 3,963 120 6.198 ,775 13,093 18.825 9.024 15,541 so5.2 22.670
4 UMITED 16. Anatysis of charitable fund8 Anatysls of movements restrthd funds Previous reporting period Balan¢• at 1 Apr(12022 Ineoming Resources R•sour¢•s Expondèd Trnnsfèr5 Balance at 31 Mah 2023 Manchester Youth Zcfie- Broadhwsl Y4)u¢h Man¢heslerActive MancheslerActive- Fetftjary Haff-Temi Manchester Active- Christrmas Young Manchester NHS Manchester ICB (forn[ CCGI VCSE GMMH Manchester wel1trj FId GMMH Third Paty GMMH Generation Prcpct Short Bleaks- Konnect Short Breaks- FEZ Konnect Short Breaks- Saturday Clubs Short Breaks- Summer SEND 8BC Children in Nee¢J Street Games UK MCC- 1000 Days MCC- East Manchester Youth ar¥J Play ParttshIp MCC- Cowd 19 CRF Community Hubs MCC- Cowd Impact Fnd MCC- Cyde Project MCC- NIF Third Party Giarnts 6,000 89,621 19.616 38.530 9.100 5.300 16.995) 183.1041 119.616 138,530 19.1001 15.300 11.4051 11.2801 995 6.517 1.405 1,280 13331 333 1,983 2.132 1,700 8.174 6.729 82.072 9,401 1Q,106 12,034 8,333 25.518 26,010 10.( 12.126 3.250 38,541 420.461 110.15n 18.8611 183.772) 19.4011 110.1Q61 112.0341 18.3721 125,5181 128.0101 10,0001 13,102} 13,250} 141.892 1417.8051 39 9,024 1,918 4,268 1.435 8,617 15.541
IumITED 21 15. Analysls of ¢haritabl• luThJ8 Analysis of movements In restrlcted funds Name of restrie•d fund- DeVIOn, nathro and purpD5e ofthe fvnd ManchesterActive for holiday acvitieS IPrknesl ManchesterActive- February HaW-Temi fot holidayacbvittes (Plame$) ManchesterActivÈ- Sumrner SEND for holiday acti¥e$ (Playscfemesl ManchesterAclive- Summer 4CT holK1ay acbwb.es (Play$dn} M3nchesterActwe- ChristTna5 for holiday acti¥e$ IPlay>Erresl ManchesterActive- Summer EMYPP fc¥ holiday athrb'e5 IPlaysctsnEs) ManchesterActive. October Haif.Temi fL¥ a(¥e$ IPlays(tsrr) ManchesterActive- Spllng Bre8k for hcAidèy th"e$ (Playschemesl Short Breaks- KonNeL for ¢yrt of acti¥thes forfamiks children vAlh SEND Short Bks. Fizz Korsnect fot out of sLcvl acbvfa'es forfamilk5 bmlh children vmh SEND Short Breaks- Saturday Clubs for out of sccol aLvfa8s forfamil wlh children wth SEND Short Bwks. Playschemes for out of s(1 thibOS forfrdml1 chil(Jren SEND Short Bak$- SPACE for OLrt of scctJl Xivibes f0rfrdmil*sth children SEND MCC- East Man¢he$terYotsth and Play for youlh and ayuJre National Lottery Fund - Wlion Hours for additional youth athiribes Third Party Grants lor grnnts forthird parues MCC. Cycle Project fo¥ the Lyde wojeLt
4cr UMFfED 2Z 16. Analysis of net a55ets between fvnd8 funds lund$ fund5 Total 2024 TangibEe f1 assets Cash at bank and In hand Othèr net cuirentassetsiiiiabililièsl Totsl 10.640 74.336 16,095 101.271 3.119 {18,3761 28,350 13,093 13,959 85,960 44.445 144.364 30,000 30.000 Previous porting per fvnds fund5 Total 2023 Tangible fixed assets Cash at bank and in h8r¥J Other CurrentassetsiiibIllIS} Totsl 7.872 234.544 189,9651 152.451 4.275 {60,9801 72,246 15,541 12.147 173,564 117.7191 167.992 17. Flnanclal In8trument8 The charity only has financial a5S8ts and liabilrf of a kind that qualfy as basic find81 insirwi)eftts. Bas faal instruments are Initialty recognised on a transacLK)n value and subsequenty measuW at thwr settbement valuè the excepbon of bank loans bvhich are $eQUenY rneasur al an 8rnorbsed cost Un9 the ve iftÈerest method. 18. Qperating le The tot61 of future minimum lease payments under norFcarKellable Operat1 lease$a= fqulpment Equlpment 2024 zoza Payable within one year Payable between 2 and fiveyears 3,469 6,335 4.613 8.884