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|Company|information||
|---|---|---|
|Foreword|||
|Trustees|annualreport||
|Auditors|report||
|Statement
offinancial||activities|
|Balance|sheet||
|Statement ofCashflow|||
|Notes to|the financial|statements|
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|CHIEF EXECUTIVE|Jane|Bartlett|
|---|---|---|
|CHARITY NUMBER|1133529||
|COMPANY NUMBER|CEO16638||
|REGISTERED OFFICE||23 High Street|
|PRINCIPAL PLACE OF|BUSINESS|Stockport|
|||SK1 1EG|
|AUDITORS|Azets Audit Services|Azets Audit Services|||
|---|---|---|---|---|
||Chartered|Accountants|and Registered|Auditors|
||Alpha House||||
||4 Greek Street||||
||Stockport||||
||SK38AB||||
|LEGAL ADVISERS|Stockport|Legal Services,|||
||Town Hall,||||
||Stockport|SK1 3XE|||
|BANKERS|CAF Bank|Ltd|||
||PO Box861||||
||Ipswich||||
||IP1 9LW||||
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|||NotesUnrestricted|NotesUnrestricted|Restricted|Designated|Total|Total|
|---|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|2023|2022|
||||F|E|E|E|E|
|INCOME||||||||
|Donations
and legacies||2|94,431|136,000||230,431|115,456|
|Charitable
activities||3|764,682|141,644||906,326|923,256|
|Other trading
activities||||||||
|Investments
—bank|interest||1,433|||1,433|73|
|Other||3A|4,249|||4,249|27,054|
|TOTAL INCOME|||864,795|277,644||1,142,439|1,065,839|
|EXPENDITURE||||||||
|Costs ofraising funds||4|250|||250||
|Charitable
activities||5|766,832|349,923||1,116,755|905,919|
|TOTAL EXPENDITURE|||767,082|349,923||1,117,005|905,919|
|NET INCOME|||97,713|(72,279)||25,434|159,920|
|TRANSFERS BETWEEN||FUND'||||||
|NET MOVEMENT|IN FUNDS||97,713|(72,279)||25,434|159,920|
|TOTAL FUNDS:||||||||
|BROUGHT FORWARD|||901,539|85,618||987,157|827,237|
|CARRIED FORWARD||13|999,252|13,339||1,012,591|987,157|
##
|||Notes|2023|2023|2022|2022|
|---|---|---|---|---|---|---|
||||E|F|8|8|
|FIXEDASSETS|||||||
|Tangible Assets||||952,929||966,161|
|CURRENT ASSETS|||||||
|Debtors||10|122,911||73,427||
|Cash at Bank and in Hand|||160,378||625,510||
||||283,289||698,937||
|CREDITORS|||||||
|Amounts
falling due in one year||11|223,527||236,975||
|NET CURRENT ASSETS||||59,662||459,962|
|TOTAL ASSETSLESS|CURRENT LIABILITIES|||1,012,591||1,426,123|
|CREDITORS amounts|falling due|after|||||
|more than|one year|12||||438,966|
|TOTAL NET ASSETS||||1,012,591||987,157|
|FUNDS|||||||
|Unrestricted||13||999,252||901,539|
|Designated||13|||||
|Restricted||13||13,339||85,618|
|TOTAL FUNDS||||1,012,591||987,157|
##
||||||||Notes|2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E|6|
||CASH FLOWS FROM OPERATING ACTIVITIES|||||||||
||Net cash provided/(utilised)||by operating|||activities|A|(24,733)|28,661|
||CASH FLOWS FROM INVESTING ACTIVITIES|||||||||
||Bank interest|||||||(1,433)|73|
||Purchase ofproperty
and equipment||||||||(1,643)|
||Net cash used in investing|activities||||||(1,433)|(1,570)|
||CASH FLOWS FROM FINANCING
ACTIVITIES|||||||||
||Repayments
of Borrowing|||||||(438,966)|(38,389)|
|||||||||(438,966)|(38,389)|
||Increase/(Decrease)
in cash||in the year|||||(465,132)|(11,298)|
||Cash at Bank and in Hand|at|the beginning|||ofthe year||825,510|636,808|
||Cash at Bank and in Hand|at|the end|ofthe year||||160,318|625,510|
|A|Net income for the year|||||||25,434|159,920|
||Adjustments
for:|||||||||
||Depreciation
charges|||||||13.232|22,329|
||Disposal ofAssets||||||||500|
||Bank interest|||||||1,433|(73)|
||(Increase)/Decrease
in debtors|||||||(49,484)|61,410|
||Increase/(Decrease)
in creditors - excluding||||borrowings|||(15,348)|(215,425)|
||Net cash provided/(utilised)|by|operating|activities||||24,733|28.561|
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||||||2023||||2022|
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted
f|Restricted
f|Designated
f|Total
f.||Totalf|
|2|Donations and legacies|||||||||
||Revenue Grants|||18,495|136,000||154,495||109,006|
||Capital Grants|||||||||
||Bequests 8|Legacies||73,594|||73,594|||
||Donations
and|||2,342|||2,342||6,450|
||Donated facilities|||||||||
|||||94,431|136,000||230,431||115,456|
|3|Income from Charitable||activities|||||||
||General|||||||||
||Primus
Club|||490,303|||490,303||403,905|
||Independent|Living Service||261,833|141,644||403,477||478,826|
||Wellbeing
Service||||||||16,340|
||The Space|||||||||
||Rental Income|||12,546|||12,546||24,185|
|||||764,682|141,644||906,326||923,256|
|3A|Other Income|||||||||
||Solar Panels|— FIT||3,449|||3,449||3,150|
||Insurance
payout||||||||23,104|
||ILS —GM Coalition Income|||800|||800||800|
|||||4,249|||4,249||27,054|
|4|Costs ofraising funds|||||||||
||Agency/other|expenses||250|||250|||
|||||250|||250|||
|5|Expenditure|on Charitable||activities||||||
||Primus
Club|||358,640|||358,840||372,043|
||Independent|Living Service||114,013|349,923||463,936||477,825|
||Wellbeing
Service||||||||32,210|
||The Space||||||||23,841|
||Outreach|||166,758|||166,758|||
||The Mills|||127,421|||127,421|||
|||||766,832|349,923||1,116,755||905,919|
||Analysis ofexpenditure||on charitable||activities|||||
|||||Direct
Costs
f|Support
Costs
f|Total
2023f|Direct
Costsf|Support
Costs|Total
2022f|
||General|||||||||
||Primus
Club|||259,120|99,520|358,640|362,043|10,000|372,043|
||Independent|Living Service||324,334|139,602|463,936|331,271|145,554|477,825|
||Wellbeing
Service||||||28,988|3,222|32,210|
||The Space||||||24,001|(160)|23,841|
||Outreach|||125,335|41,423|166,758||||
||The Mills|||94,444|32,977|127,421||||
|||||803,233|313,522|1,116,755|746,303|159,515|905,919|
##
|||||Primus
Club|Indep
Living|Outreach|Outreach|The
Nlills|The
Nlills|The
Nlills|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
|6|Analysis ofSupport Costs|||5|6||6|6|||8|
||Senior Manage/Finance|||60,244|58,513||36,684|25,661|||181,102|
||Loan/Finance
Interest|||6,416|13,246||774|1,195|||21,631|
||Depreciation|||3,740|7,722||451||697||12,610|
||Maintenance&
Repairs|||3,912|8,077||472||729||13,190|
||Tel/Photo/Stat/Franking|||4,193|8,657||506||781||14,137|
||Governahce|||3,752|7,747||453|699|||12,651|
||Cleaning|||462|953||56|||86|1,557|
||Utilities|||2,716|5,608||328||506||9,158|
||ITSupport|||2,048|4,227||247||381||6,903|
||Insurance|||2,685|5,544||324||500||9,053|
||Other|||9,352|19,308||1,128|1,742|||31,530|
||Total|||99,520|139,602||41,423|32,977|||313,522|
|7|StaffCosts||||||2023||||2022|
||The payroll costs ofthe charity were as|||follows:-|||6||||9|
||Wages &salaries|||||695,243|||||635,287|
||Social security costs||||||52,614||||45,311|
||Pension costs||||||12,414||||10,835|
|||||||760,271|||||891,434|
||No employee earned more than f60,000pa|||||||||||
||The average number ofemployees||ofthe charity was as follows:—|||||||||
|||||||Number|||||Number|
||Charitable
activities||||||34||||32|
||Support||||||8||||10|
||||||||42||||42|
||Key management
personnel|||||||||||
||The key management|ofthe charity|comprise the trustees
and senior staff (as set|||||||out|on page 1)|
||No trustees
received remuneration||for their services||as trustees.|||||||
||Remuneration
ofkey management||personnel||||F.||||6|
||||||||44.304||||46,767|
|8|Net Income|||||||||||
||This is stated after charging:|||||||||||
||Auditors
remuneration:-|||||||||||
||Audit fees||||||6,000||||6,000|
||Under/over
accrual|in the prior year||||||||||
||Depreciation
oftangible|fixed assets|||||13,233||||22,329|
||Operating
lease rentals||||||2,546||||2,951|
||Directors'
remuneration|&expenses||||||||||
||Trustees
claiming expenses||||||nil||||nil|
|NO|TES TOTHE ACCOUNTS FOR THE Y|EAR ENDED 31|MARCH 2023||
|---|---|---|---|---|
|9|Tangible Fixed Assets|Freehold|||
|||Property|Equipment|Total|
||Cost||6|6|
||As at 1 April 2022|1,058,362|145,224|1,203,586|
||Additions||||
||Disposals||||
||As at 31 March 2023|1,058,362|145,224|1,203,586|
||Depreciation||||
||As at 1 April 2022|101,807|135,618|237,425|
||Charge for the year|8,184|5,048|13,232|
||Eliminated
on disposal||||
||As at 31 March 2023|109,991|140,666|250,657|
||Net BookValue||||
||As at 31 March 2022|958555|9606|988 161|
||As at 1 April 2023|948311|4558|952929|
|||2023||2022|
|10|Debtors|6|||
||Trade debtors|113,312||70,486|
||Prepayments
and Other|9,599||2,941|
|||122,911||13,422|
|11|Creditors falling due within one year||||
||Stockport MBC re Salaries|201,227||179,812|
||Other Creditors|314||296|
||Trade Creditors|6,918||(375)|
||Accruals and Deferred Income|11,727||16,628|
||Funds
in trust|3,441||5,811|
||Loan Repayments|||34,954|
||Finance Lease repayments|||1,849|
|||223,627||238,975|
##
|13|Statement ofFunds|Statement ofFunds|Balance||||Balance|
|---|---|---|---|---|---|---|---|
||||01/04/22|Income|Costs|Transfers|31/03/23|
||||8|f|5|F||
||Unrestricted|funds:||||||
||General fund||901,539|864,795|767,082||999,252|
||||901,539|864,795|767,082||999,252|
||Designated|funds:||||||
||Restricted Funds:|||||||
||Independent|Living Service|72,500|277,644|336,805||13,339|
||Wellbeing
Service||13,118||13,118|||
||Total restricted
funds||85,618|277,644|349,923||13,339|
||TotalFunds||987,157|1,142,439|1,117,005||1,012,591|
||||Balance||||Balance|
||||01/04/21|Income|Costs|Transfers|31/03/22|
||||5|8|8|6|f|
||Unrestricted|funds:||||||
||General fund||816,520|820,605|(746,303)|10,717|901,539|
||||815,520|820,605|(746,303)||901,539|
||Designated|funds:||||||
||Independent|Living Service||||||
||Wellbeing
Service|||||||
||Restricted Funds:|||||||
||Independent|Living Service||219,054|(146,554)||72,500|
||Wellbeing Service|||16,340|(3,222)||13,118|
||Space|||(160)|160|||
||General|||||(10,717)||
||Primus|||10,000|(10,000)|||
||Total restricted funds||10,717|245,234|(159,616)||85,818|
||Total Funds||827,237|1,065,839|(905,919)||987,157|
|14|Analysis ofnet assets between funds|Analysis ofnet assets between funds|||||
|---|---|---|---|---|---|---|
||||General|Restricted|Designated||
||||Funds|Funds|Funds|Total|
||||6|6||6|
||Fund balances as at 31/03/23:||||||
||Tangible fixed assets||952,929|||952,929|
||Net current assets||46,323|13,339||69,662|
||Long term liabilities||||||
||||999,252|13,339||1,012,591|
||Fund balances as at 31/03/22:||||||
||Tangible fixed assets||966,161|||966,161|
||Net current assets||374,344|85,618||459,962|
||Long term liabilities||438,966|||438,966|
||||901,539|85,618||987,157|
|16|Lease Commitments||||||
|a|Operating
leases
Total commitments|under non-cancellable|leases|2023
6||2022f|
||Within one year|||2,222||2,222|
||Within 2to5years|||2,886||5,108|
||After 5years||||||
|||||5,108||7,330|
|b|Finance lease||||||
||Total commitments:||||||
||Within one year|||||2,408|
||Within 2to5years||||||
|||||||2,408|
||Less interest charges|||||(559)|
||Net payable as per creditors notes|||||1,849|
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