2023-03-31-accounts - George House Trust

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Key Organisationai Information
AnnualReport ofthe Board ofTrustees	2-24
Auditor's Report	25-28
Statement ofFinancial Activities	29
Balance Sheet	30
Statement ofCash Flows	31
Hotes to Financial Statements	32-52

			Rastnctsd	Unrestricted	'ratsl	Recrated	unrsstnctad	Total
			Funds	Funds	Funds	Funds	Funds	Funds
			202$ E	2025f	2023 E	2022	2422 E	2022f
lncnme Oonatlons and legades		3		68,601	68,601		80,246	80,246
Other trading activities Fundraising activities Training and conferences Venue hire			11,648	21,667 12,115 1,110	33,315 12,115 lr110	29,117	35,211 2,10D 76D	64,328 2,100 160
Income fram investments Rent received Bank interest				20,000 e02	20,0DD 802		20,000 799	20,000 799
Incame from charitable activities Local Authorities VIIV Heafthcare North Manchester General Hospital BigLottery Fund Manchester Pride LGBTQcommunity Fund l'ositively Tackling Poverty Gilead Sciences Ltd Other bodies		4	12,144 35,DOD 12,916 9,750 122,455 19,840	17,220 45D,095 1S,500	572,550 19,840 18,SOO 12,644 35,DOO 12,916 26,970	59.037 29,0DD 84,422 1D,DOD 12,250	414,496 18,500 10,0DD 1,500	473,533 29,000 18,500 $4,422 10,DOO 10,000 13,750
Total incosne			223,753	6102tlo	834,363	223g26	583,612	807rt3$
~Ed II
Expenditure on raising funds
Casts ofgenerating voluntary				43,638	43,638		44,876	44,876
income Fundralslng trading: costs	of goods			14,484	14,484		5,205	5,205
sold and other costs
Expenditure on charitable activities		6	211154	672913	884,067	229497	557r229	786126
Total expenditure			21'1,154	7312)35	942,189	229,491	607,310	$36,801
Net movement before transfers			12,599	(12D,425)	(107,82$)	(5,671)	(23,69$)	(29,369)
Transfers between funds		16	4'l,296	(41,296)		2,093	(2,093)
Net movement in funds			53,895	(161,121)	(207dOS)	(3,578)	(25,791)	(29,369)
Fund balances brought forward		ts	138,e62	1,303,653	1,442,479	142,402	1,329,444	1,471,$48
Fund balances carried forward		16	192,121	1,141,932	43342l53	f38426	1,303,653	4~79

	Aset31 March 2023	Aset31 March 2023
			2023 6	2022f
Fixed assets
Tangible assets			348,236	363,388
Investments		12	300,000	300,000
			648,236	663,388
Current assets
Debtors Cash at bank and in	hand		163,826 685,930	141,876 839,806
			849,756	981,682
Creditors: Amounts	falling due within one year	14	(163,339)	(202,591)
Net current assets			686„417	779,091
Net assets			1,334,653	1,442,479
The funds ofthe charity
Restricted funds		16	192I721	138,826
Unrestricted funds
Designated funds		16	721,674	751,902
General fund		16	420,258	551,751
Total charity funds			1,334,653	1,442,479

				Nates
					2023	2022
					f
Cash flows from operating	activities:
Het cash used in operating	activities			18	(169,991)	(44,568)
Cash flows from investing Interest and rental income	activities:				20,802	2D,799
Purchase oftangible fixed	assets				(4,687)	(5,013)
Net cash used in investing	activities					1.5,786
Net decrease in cash and	cash equivalents		inthe year		(153,876)	(28,782)
Cash and cash equivalents	brought	forward			839,806	868,588
Total cashand cash equivalents carried forward					685,930	839,806
Analysts ofcash and cash	equivalents
Cash at bank and in hand					685,93D	839,806
Total cash and cash equivalents				19	685,930	839,806

Grants	paid
			2023	2022
			E	E
George	House Trust	Welfare Fund- see note 6	3'l,622	35,289
LG8TQ	Cammunity	Fund		20,000
Agency	welfare- see note 17
			31,622	55,289

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sis of	staff costs„trustee expenses and key	management personnel remuneration
		2023	2022
		f
Wages	and salaries	527,176	469,852
5ociai	security costs	48,676	39,562
Other	pension costs	41,796	33,801
		617,648	543,215

ysed by fu	n	ction was:
			2023	2022
			Number	Number
Charitable	activities including support costs		12	11
Fundraising		and publicity	1	1
Management		and administration	3	3
			16	15

			2023	2022
			E	E
Net expenditure		(orthe year is stated after charging:
Auditor's	remuneration:
	Audit fee		6,MD	5,0M
	Accountancy		1,800	3,280
Depreciation			19,837	19,637
11.Fixed	assets

11.Fixed assets
	Freehold	Fixtures
	land 86	85
	buildings	Equipment	Total
	E	E	E
Cost At start ofyear Additions	559,101	425,752 4,685	984,853 4,685
At end ofyear	559,101	430,437	989,538
Depreciation At start ofyear Charge for the year	208,216 11,183	413,249 8,654	62L465 19,837
At end ofyear	219,399	421,903	641,302
Net book value 31March 2022	350885	22 503	363388
31March 2023	333202	8534	348236

	Investment
	Property
	f
Fair value
Beginning ofyear	300,000
Revatustions
End ofyear
hiet book value
Beginning ofyear
End ofyear

		2022
	f
Cost	322603	322 603
13.Debtors
	2023 f	2022f
Trade debtors	129,473	110,685
Other debtors	41	3
Prepayments	25,983	22,964
Accrued income	8329	9224

,			2023f	2022f
Trade creditors Taxation and social security Other creditors Accruals Deferred income (see below)			37,959 12,836 12,835 18,264 i)1445	26,644 11,727 6,283 21,592 «136345
Deferred income	inchrded above
Balance at beginning ofyear Amount released to incoming resources Amount deferred in year			136,345 (136&345) 81445	149,898 (1.33,895) «120342
Balance at end of	year
15.Analysis ofnet assets between funds			Het
			current
		Fixed assetsf	assets	Total f
Restricted funds Properties Other		70,684	122,037	70,684 122,037
Unrestricted funds Designated funds General funds		569,018 8535	152,656 «411723	721,674 420258
Total funds
			Hat
			curren't
Pder year:		Fixed assetsf	assets f	Totalf
Restricted funds Properties Dther		73,684	65,142	73,684 65 142
Unrestricted funds
Designated funds General funds		577,201 «12503	116,185 ~59 764	693,386 ~10267
Total funds

			31March				Transfers	Gains rk	31March
Current year:			2022	Income		Espenditura	in/(out)	losses	2023
					8	6		8	E
General funds			610,267	610,610		(649,926)	(150,693)		420,25$
Designated funds
Suilding maintenance			27,500			(15,968)	15,968		27,500
Income generation	lead		S,645			(S,645)
Age+ Project			21.000			(21,000)	39,500		39,500
Calabash project							39,500		39,500
Welfare Fund Destaution Fund			32,D40 7,00D			(23,063) (4i250)	($,977) 4,750		7~
Discretionary Fund							2,400		2,400
peer MentorinS							11,0DD		11,DOO
Volunteer Management							4,750		4,750
Gregory's Place Fund									300,000
77Ardwick Green
unrestricted property			277,201			(8,183)			269,D18
Landlord Fund LGBTQ Community	Fund		20,000				506		20+00 ~06
Total uarestdcted	funds
Restricted funds
Propr rtlns			73,684			(9,000)			70,684
Vodafone Ward ofDifference			153						153
IVI,A,C.AIds Fund	UK		343	35,000		(37,175)	1,832
I.loyds TSB 'Foundation		Funding	1,273						1,273
Big Lottery Fund			16,662			(16,662)
88Q FoundatlOn			5,000			(3,231)			1,769
GM Boroughs			3,305	12,788		(8,985)			7,108
Manchester Guardtrn society			521						521
IVianchester City Council			2,940	12,8$5		(36,825)
Manchester City Council
-Formula Milk				7,500		(7,682)	182
Manchester Cgy Councg
-African Men's	Engagenrent			19,167		(37,420)	18,253
Manchester City Council - Telebuddies				8,115		(8,062)
M50			398	$,75D		(9,177)	29
Parent's Guide Project			3,0DO						3,000
sagord City Council			1,430	5,IBKI		(2,526)			3,904
VffV Heaithcare				19,840					19,840
Virgin Media 02			I,DDO			(924)			76
VLBA			29,117	11,648		(27,948)			12,817
Outhy ofLancaater	Fund			1,000		(1,000)
HIVe -ED Testing				57,ODD		(9,359)			47,641
Gilead Sciences				12316		(1,17$)			11,738
Hornobloc LGBTQ	Community
Fund				~22	44				12144
Total restricted funds			138826	223	753	711154	41296		192721
Tots Ifunds

16.Statement offunds (co	ntinued)
	31March			Transfers	Gains 6	31March
Prior year.	2021 f	Income E	Eapendnure E	Ini(ant) E	losses E	2022 f
Generelfunds	S69,359	SB3,612	(51S,533)	(27&171l		610,267
Oeslgnatedfunds Bugding maintenance Income generation lead Age+ project Welfare Fund Destitution Fund Gregory's Place Fund	27,5D1 45,DDD 15,DQD 60,000 7,20D 300,000		(8,535) (36,355) (4,894) (27.960) (5,850)	8,534 10,894 5,650		27,50D 8,645 21,00D 32,040 7,000 300,00D
77Ardwrct Gmen unrestnicted praperty Landlord fund Total unrestricted funds	285,384 ~20 ~	~	(8,183) JKV15			277,201 ~20 0
aestrssted funds Prapertles Vadafone Wonl of Difference M.A.C.Aids Fund UK Llayds TSBFaundatian Funding Big Lottery Fund 86QFoundation GM Boraughs Manchester Guardian Saciety Manchester Cny Councg	76,684 153 30,552 1,273 14,618 3,744 521 14,345	84,422 5,000 4795 11,159	(3,000) (30,209) (82,378) (5,234) (22,564)			73,684 153 343 1,273 16,662 5,000 3,305 521 2,940
ssanchesrer City Cauncil -Formula Milk		S,DDD	(6,333)	1,333
ssanchester City coundl
-African Men's Engagement		32,083	(32D83)
Manchester Pride MsD parent's Guide project Salfard City Council	514	10,000 6,250 3,000 3,000	(10,DDD) (5,852) (2,084)			398 3,000 1,430
Viiv Heaithcare		29,000	(29,760)
VirgIn Media 02 VLBA		1,000 ~29 7
Total restricted funds	~142	~22382	~497	~093		1383266
Total funds

	2023	2022
	E	E
Net expenditure forthe year	l107,826)	(29,369)
Adjustments jbrr
Depreciation	19,837	19,637
interest and rental income	(20,802)	(20,799)
Decrease/(increase) in debtors (Decrease)/increase in creditors	(21,949) ~39251	50 ~14087
Net cash used in operating activities

19.A	nalysis ofcash and cash	equivalents
				Other
		1April		non-cash	31March
		2022	Cash flows	changes	2023
			8	E	E
Bank	balances	838836	~153836		~685930
Total

	2023	2022
	E	E
Within one year	1,882	1,882
Between one and five years	3763	5 665