Company Number: 07670837 Charity Number: 1144145
## Didsbury Parsonage Trust
Report and financial statements For the year ended 30 September 2023
Didsbury Parsonage Trust
## Reference and administrative information
for the year ended 30 September 2023
**Company number** 07670837 **Charity number** 1144145 **Registered office and operational address**
Old Parsonage Stenner Lane Manchester M20 2RQ
**Trustees** Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows:
Steve Parle Chair, until November 2022 resigned May 2023 Louise Smail Chair, November 2022 – April 2023 resigned April 2023 Tracey Pook Chair, November 2023 – present Alexander Carmichael Vice Chair, November 2023 – present Michael Corlett 2019 – present James Wilson 2014 – November 2023 Richard Kilpatrick 2023 - present Sue Good 2014 - present Teresa Regan 2018 - present
**Bankers** HSBC Business Banking
**Independent** Catherine Hall FCCA DChA, Slade & Cooper Limited **examiner** Beehive Mill, Jersey St, Manchester M4 6JG
1
## Didsbury Parsonage Trust
## Trustees’ annual report
## for the year ended 30 September 2023
The trustees present their report and the unaudited financial statements for the year ended 30 September 2023. Included within the trustees’ report is the directors’ report as required by company law.
Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.
## **Objectives and activities**
To further or benefit the residents of Didsbury and the surrounding area, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation leisure time occupation with the objective of improving the conditions of life for the residents. To establish or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a centre for activities promoted by the charity in furtherance of the above objects. To promote for the benefit of the public the preservation of the historic Didsbury Parsonage and its surroundings.
The Trustees have identified 5 key objectives to guide their ongoing stewardship of this historic building:
a) To maintain the Old Parsonage and preserve its heritage in line with its agreement with the Council b) To raise awareness of the history and heritage of the building
c) To provide opportunities for local artists to showcase their work
d) To encourage, promote and support local charities, 'friends' groups and community groups e) To raise funds in order to support these other objectives
## _**Purposes and aims**_
The Trust signed a 22 year lease for the Parsonage in June 2012,.There followed an intense 12 week building programme to completely renovate the building. The building was formally opened on September 7th 2012 by the Lord Mayor of Manchester, Councillor Elaine Boyce, after nearly £150,000 worth of renovations. This money was raised by a terrific effort by the local community and included a grant of £56,000 from the Lottery Heritage Fund and other grants from the Co-operative Society, Manchester Airport, Manchester City Council and United Utilities as well as donations from local companies. Nearly £60,000 was raised from individual donations from the community which reflects the interest and fondness that local people have for the building. The lease was renegotiated in 2018 for a further 40 years.
The building is comprised of two floors. As well as three larger rooms on the ground floor there are several meeting rooms and four single offices for commercial rent on the first floor. All the rooms are available to local community not-for-profit organisations, but rooms are also available for commercial use on an ad-hoc daily basis. All these rooms can provide ideal facilities for meetings, presentations, films, exhibitions, debates, training sessions, language courses, exercise workouts and a multitude of community uses. The trust has, by bringing the Parsonage into use both provide the community a meeting place and preserve for future generations a key historic listed building and its gardens in the centre of old Didsbury.
2
## Didsbury Parsonage Trust
## Trustees’ annual report
## for the year ended 30 September 2023
The trustees review the aims, objectives and activities of the charity regularly during each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity's aims, objectives and activities remained focused on its stated purposes.
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set.
## **Achievements and performance**
The charity's main activities and who it tries to help are described below. All its charitable activities focus on local residents of Didsbury and the surrounding area and are undertaken to further Didsbury Parsonage Trust’s charitable purposes for the public benefit.
We have a new Manager, Denise Oldfield and a new management structure. The aim is move to the Didsbury Parsonage forwards, increasing turnover and extending the use of its services.
There are now regular monthly staff meetings and the Trustees are meeting every 3 months, but during the Spring/Summer they will be every 2 months to provide regular updates, feedback and monitoring the progress to date. We have focused on nurturing a healthy work environment and team building. We have also reinvented the tenant’s relationship, alongside those who hold regular meetings and groups, in which we are currently having a full consultation with, so they can provide their feedback and suggestions to improve the Didsbury Parsonage.
We have also improved on recognising and following others preferences on Gender identity, sexual orientation and being an inclusive environment, being open to all religious and cultural backgrounds.
We have reorganised and restructured since the passing of the past chairman Steven Parle and are continuing to do so.
## **Beneficiaries of our services**
a) Trustees have continued to maintain the Old Parsonage and preserve its heritage in line with the Trust’s agreement with the Council. The building is open 7 days a week, throughout the day, enabling free access to members of the public. The regularly changing gallery exhibitions combine with completely open access gardens to provide a popular local resource.
b) Awareness of the history and heritage of the building is promoted through the annual Heritage Open Days. During this period in September of each year a special exhibition is open for the full month featuring aspects of local history.
c) Opportunities for local artists to showcase their work continue throughout the year with 3 gallery spaces that can be used separately or in combination. This is a popular local gallery, with a waiting list for exhibition space. Local artists are able to sell their work through the gallery, and commission on the sales provides additional income for the upkeep of the building.
d) A number of local charities, 'friends' groups and community groups rent meeting rooms on a regular basis, enhancing the reputation of the building as a community hub, and bringing a wide variety of people through the doors. Regular meetings are held by health and wellbeing groups as well as local volunteers such as Disbury Civic Society and Didsbury in Bloom.
3
## Didsbury Parsonage Trust
## Trustees’ annual report
## for the year ended 30 September 2023
e) Fundraising events are designed to bring in the whole community, with particular highlights being the Summer Garden Party and the Christmas Fair. The latter in particular has developed to provide familyfriendly activities for families with very young children, to encourage future generations to develop a connection with the building.
## **Financial review**
The Trust saw a decline in income during this reporting period, mainly through a decline in donations. This is considered to be likely due to a period of significant change for the Trust, including changes to the body of Trustees, a post COVID-19 cost of living crisis and changes in building management. At the same time, costs have continued to increase, including energy costs.
The combination of a decline in income and the increase in costs has led to an in-year deficit of around £46,500. The Trust holds reserves of £142,025.
After the end of this reporting period, from October 2023, trustees have reviewed and formalised internal financial monitoring systems. A sub-committee of trustees has been formed to set a budget, to review maintenance requirements, revenue price setting and saving opportunities. The work of this subcommittee will also include annual setting of the reserves policy.
## _**Reserves policy**_
The Trust requires reserves in order to bridge gaps between expenditure and income (cash flow) and to cover unplanned emergency repairs and other unforeseen expenditure. The nature of The Old Parsonage, being a Grade II listed building means that there is potential for significant repairs, which may be unforeseen. The Trustees aim to maintain sufficient reserves to enable ongoing maintenance as required. The current reserves figure is £142,025.
## **Structure, governance and management**
The organisation is a charitable company limited by guarantee, incorporated on 15[th] June 2011 and registered as a charity on 5[th] October 2011.
The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association.
Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity. All trustees give their time voluntarily and receive no benefits or expenses from the charity.
Trustees are recruited from local residents with an aim to recruit from different sectors of the community and to ensure a diversity of age, gender, skills and community links. Prospective trustees are asked to provide a written CV and to undergo an interview with a quorum of the body of trustees followed by a vote. There are no external bodies with a right to appoint trustees.
We are aiming to be bigger, better and more financially orientated, to increase our turnover.
4
## Didsbury Parsonage Trust
## Trustees’ annual report
## for the year ended 30 September 2023
## **Statement of responsibilities of the trustees**
The trustees (who are also directors of Didsbury Parsonage Trust for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
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, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees 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 UK Accounting Standards and statements of recommended practice 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 operation
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the 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.
This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime of the Companies Act 2006.
20/06/2024 The trustees’ annual report has been approved by the trustees on _____________and signed on their behalf by
T.Pook
Tracey Pook
Chair of Trustees
5
## Independent examiner’s report
## to the trustees of
## Didsbury Parsonage Trust
I report to the charity trustees on my examination of the accounts of the company for the year ended 30 September 2023 which are set out on pages 7 to 22.
## **Responsibilities and basis of report**
As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Catherine Hall FCCA DChA
Slade & Cooper Limited Beehive Mill Jersey Street Manchester M4 6JG Date…………………….
6
## Didsbury Parsonage Trust
## Statement of Financial Activities (including Income and Expenditure account) for the year ended 30 September 2023
|Unrestricted
funds
Note
£
**Income from:**
Donations and legacies
3
3,558
Charitable activities:
4
65,821
**Total income**
**69,379**
**Expenditure on:**
Raising funds
5
72
Charitable activities:
6
115,816
**Total expenditure**
**115,888**
8
**(46,509)**
Transfer between funds
-
**Net movement in funds for the year**
**(46,509)**
**Reconciliation of funds**
Total funds brought forward
188,534
**Total funds carried forward**
**142,025**
**Net income/(expenditure) for the**
**year**|Restricted
funds
£
-
-
**-**
-
-
**-**
**-**
-
**-**
7,299
**7,299**|Total funds
2023
£
3,558
65,821
**69,379**
72
115,816
**115,888**
**(46,509)**
-
**(46,509)**
195,833
**149,324**|_Total funds_
_2022_
_£_
_31,012_
_69,222_|
|---|---|---|---|
||||**_100,234_**|
||||_1,088_
_112,397_|
||||**_113,485_**|
||||**_(13,251)_**
_-_|
||||**_(13,251)_**
_209,084_|
||||**_195,833_**|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
7
## Didsbury Parsonage Trust Company number 07670837
## Balance sheet as at 30 September 2023
|Note
£
£
**Fixed assets**
Tangible assets
12
80,191
**Total fixed assets**
**80,191**
**Current assets**
Debtors
13
13,023
Cash at bank and in hand
14
76,500
**Total current assets**
**89,523**
**Liabilities**
Creditors: amounts falling
due in less than one year
15
(20,390)
**Net current assets**
**69,133**
**Net assets**
**149,324**
**The funds of the charity:**
Restricted income funds
16
7,299
Unrestricted income funds
17
142,025
**Total charity funds**
**149,324**
2023|_£_
_£_
_90,014_
**_90,014_**
_7,637_
_113,402_
**_121,039_**
_(15,220)_
**_105,819_**
**_195,833_**
_7,299_
_188,534_
**_195,833_**
_2022_|_£_
_£_
_90,014_
**_90,014_**
_7,637_
_113,402_
**_121,039_**
_(15,220)_
**_105,819_**
**_195,833_**
_7,299_
_188,534_
**_195,833_**
_2022_|
|---|---|---|
|||**_90,014_**
**_105,819_**|
|||**_195,833_**|
|||_7,299_
_188,534_|
|||**_195,833_**|
For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006,
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and in accordance with FRS102 SORP, and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.
The notes on pages 10 to 22 form part of these accounts.
Approved by the trustees on __/__/2024 and signed on their behalf by:20[06]
Mike Corlett
Mike Corlett (Trustee)
8
## Didsbury Parsonage Trust
## Statement of Cash Flows for the year ending 30 September 2023
|Note
2023
£
**Cash provided by/(used in) operating activities**
20
**(36,902)**
_Cash flows from investing activities:_
Purchase of tangible fixed assets
-
**Cash provided by/(used in) investing activities**
**-**
(36,902)
Cash and cash equivalents at the beginning of the year
113,402
**Cash and cash equivalents at the end of the year**
**76,500**
Increase/(decrease) in cash and cash
equivalents in the year|_2022_
_£_
**_(10)_**|
|---|---|
||_(401)_|
||**_(401)_**|
||_(411)_
_113,813_|
||**_113,402_**|
9
Didsbury Parsonage Trust
Notes to the accounts for the year ended 30 September 2023
## **1 Accounting policies**
The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## **a Basis of preparation**
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 (FRS 102), second edition - October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 and UK Generally Accepted Accounting Practice.
Didsbury Parsonage Trust meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
## **b Preparation of the accounts on a going concern basis**
The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern.
The trustees have made no key judgments which have a significant effect on the accounts.
The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.
## **c Income**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.
Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met.
10
Didsbury Parsonage Trust
## Notes to the accounts for the year ended 30 September 2023 (continued)
## **d Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
## **e Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of charity.
Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.
Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.
## **f Expenditure and irrecoverable VAT**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
- Costs of raising funds comprise the costs of goods sold and marketing costs.
- Expenditure on charitable activities includes the costs undertaken to further the purposes of the charity and their associated support costs.
- Other expenditure represents those items not falling into any other heading.
- Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## **g Operating leases**
Operating leases are leases in which the title to the assets, and the risks and rewards of ownership, remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease.
## **h Tangible fixed assets**
Individual fixed assets are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:
|Leasehold building|length of lease|
|---|---|
|Office fixtures and fittings|10%|
|Computer Equipment|25%|
## **i Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **j Cash at bank and in hand**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
11
Didsbury Parsonage Trust
## Notes to the accounts for the year ended 30 September 2023 (continued)
## **k Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **l Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **m Pensions**
Employees of the charity are entitled to join a defined contribution ‘money purchase’ scheme. The charity’s contribution is restricted to the contributions disclosed in note 9. There were outstanding contributions at the year end of £169 (2021: £117). The costs of the defined contribution scheme are included within support and governance costs and allocated to the funds of the charity using the methodology set out in note 9.
## **2 Legal status of the charity**
The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office address is disclosed on page 1.
## **3 Income from donations and legacies**
|**Current reporting period**
Donations
Membership Subscriptions
**Total**
**Previous reporting period**
Donations
Grants
Membership Subscriptions
**Total**|Unrestricted
£
3,543
15
3,558
Unrestricted
£
3,558
14,244
1,120
18,922|Restricted
£
-
-
-
Restricted
£
-
12,090
-
12,090|Total 2023
£
3,543
15|
|---|---|---|---|
||||3,558|
||||Total 2022
£
3,558
26,334
1,120|
||||31,012|
12
## Didsbury Parsonage Trust
## Notes to the accounts for the year ended 30 September 2023 (continued)
## **4 Income from charitable activities**
|**Current reporting period**
Fundraising
Office Rental
Room Hire
Other Income
**Total**
**Previous reporting period**
Fundraising
Office Rental
Room Hire
Other Income
**Total**
**5**
**Cost of raising funds**
Cost of good sold
Marketing|Unrestricted
£
3,221
23,044
24,920
14,636
65,821
Unrestricted
£
3,521
20,688
35,635
9,378
69,222
2023
£
-
72
72|Restricted
£
-
-
-
-
-
Restricted
£
-
-
-
-
-
_2022_
_£_
_448_
_640_
1,088|Total 2023
£
3,221
23,044
24,920
14,636|
|---|---|---|---|
||||65,821|
||||Total 2022
£
3,521
20,688
35,635
9,378|
||||69,222|
|||||
All expenditure on cost of raising funds is unrestricted.
13
Didsbury Parsonage Trust
Notes to the accounts for the year ended 30 September 2023 (continued)
## **6 Analysis of expenditure on charitable activities**
|**Current reporting period**
Property Costs
Staff Costs
Depreciation
Other Costs
Restricted expenditure
Unrestricted expenditure
**7**
**Analysis of governance and support costs**
**Current reporting period**
Basis of
apportionment
Accountancy services
Governance
**Previous reporting period**
Basis of
apportionment
Accountancy services
Governance
Governance costs
(see note 7)
Support costs
(see note 7)|Support
£
-
-
Support
£
-
-|Total 2023
£
32,305
54,343
9,823
17,400
1,945
-
115,816
2023
£
-
115,816
115,816
Governance
£
1,945
1,945
Governance
£
1,800
1,800|_Total 2022_
_£_
_26,704_
_49,228_
_10,301_
_24,364_
_1,800_
_-_|
|---|---|---|---|
||||_112,397_|
||||_2022_
_£_
-
112,397|
||||112,397|
||||_Total 2023_
£
1,945|
||||1,945|
||||_Total 2022_
£
1,800|
||||1,800|
14
Didsbury Parsonage Trust
Notes to the accounts for the year ended 30 September 2023 (continued)
## **8 Net income/(expenditure) for the year**
|This is stated after charging/(crediting):
Depreciation
**Staff costs**
Staff costs during the year were as follows:
Wages and salaries
Pension costs
**Allocated as follows:**
Charitable activities
Independent examiner's fee|2023
£
9,823
1,945
2023
£
53,856
487
54,343
_54,343_
54,343|_2022_
_£_
10,301
1,800|
|---|---|---|
|||_2022_
_£_
_36,937_
_1,659_|
|||_38,596_|
|||_38,596_|
|||_38,596_|
## **9 Staff costs**
No employees has employee benefits in excess of £60,000 (2022: Nil).
The average number of staff employed during the period was 2 (2022: 2).
The average full time equivalent number of staff employed during the period was 1.2 (2022: 1).
The key management personnel of the charity comprise the trustees. The total employee benefits of the key management personnel of the charity were £Nil (2022: £Nil).
## **10 Trustee remuneration and expenses, and related party transactions**
Neither the management committee nor any persons connected with them received any remuneration or reimbursed expenses during the year (2022: Nil).
No members of the management committee received travel and subsistence expenses during the year (2022:£Nil).
Aggregate donations from related parties were £Nil (2022: £Nil).
There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.
No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2022: nil).
15
Didsbury Parsonage Trust
## Notes to the accounts for the year ended 30 September 2023 (continued)
## **11 Corporation tax**
The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.
## **12 Fixed assets: tangible assets**
|Leasehold
land & buildings
**Cost**
£
162,442
Additions
-
162,442
**Depreciation**
75,147
Charge for the year
8,788
83,935
**Net book value**
78,507
_87,295_
At 1 October 2022
At 30 September
At 1 October 2022
At 30 September
At 30 September
_At 30 September_|Fixtures
& fittings
£
11,098
-
11,098
9,337
472
9,809
1,289
_1,761_|Computer
Equipment
£
2,810
-
2,810
1,852
563
2,415
395
_958_|£
176,350
-
Total|
|---|---|---|---|
||||176,350|
||||86,336
9,823|
||||96,159|
||||80,191|
||||_90,014_|
16
Didsbury Parsonage Trust
## Notes to the accounts for the year ended 30 September 2023 (continued)
|**13**
**Debtors**
Trade debtors
Other debtors
Prepayments and accrued income
**14**
**Cash at bank and in hand**
Cash at bank and on hand
**15**
**Creditors: amounts falling due within one year**
Accruals
Trade creditors
Other creditors
Taxation and social security costs|2023
£
7,772
95
5,156
13,023
2023
£
76,500
76,500
2023
£
3,943
150
7,107
9,190
20,390|_2022_
_£_
_3,835_
_1,540_
_2,262_|
|---|---|---|
|||_7,637_|
|||_2022_
_£_
_113,402_|
|||_113,402_|
|||_2022_
_£_
_3,075_
_-_
_5,049_
_7,096_|
|||_15,220_|
17
Didsbury Parsonage Trust
## Notes to the accounts for the year ended 30 September 2023 (continued)
## **16 Analysis of movements in restricted funds**
|Total
_WEA grant_
_Total_
Sundial window
appeal
WEA grant
**_Previous reporting_**
**_period_**
**Current reporting**
**period**
**Name of**
**restricted fund**
Sundial window
appeal
_Sundial window_
_appeal_|Balance at
1 October
2022
Income
Expenditure
Transfers
Balance 30
September
2023
£
£
£
£
£
7,299
-
-
-
7,299
7,299
-
-
-
7,299
_Balance at_
_1 October_
_2021_
_Income_
_Expenditur_
_e_
_Transfers_
_Balance 30_
_September_
_2022_
_£_
_£_
_£_
_£_
_£_
_7,299_
_-_
_-_
_-_
_7,299_
_-_
_12,090_
_(12,090)_
_-_
_-_
_7,299_
_12,090_
_(12,090)_
_-_
_7,299_
**Description, nature and purposes of the fund**
The trustees approved the restoration of the Stained Glass Sundial
Window in October 2016.The window was installed in January 2020 at a
total cost of £15,767 and the total cost has been transferred to the capital
fund. The balance of the funds raised is to be spent on educational and
other projects associated with the sundial window.
Funding for the Be There Learning programme|Balance 30
September
2023
£
7,299|
|---|---|---|
|||7,299|
|||_Balance 30_
_September_
_2022_
_£_
_7,299_
_-_|
|||_7,299_|
18
Didsbury Parsonage Trust
## Notes to the accounts for the year ended 30 September 2023 (continued)
## **17 Analysis of movement in unrestricted funds**
|Total
Total
General fund
Capital Fund
General fund
**Current reporting**
**period**
**Previous reporting**
**period**
Capital Fund
Capital Fund
**Name of**
**unrestricted fund**
General fund|Balance at
1 October
2022
Income
Expenditure
Transfers
Balance 30
September
2023
£
£
£
£
£
98,520
69,379
(115,888)
9,823
61,834
90,014
-
-
(9,823)
80,191
188,534
69,379
(115,888)
-
142,025
Balance at
1 October
2021
Income
Expenditure
Transfers
Balance 30
September
2022
£
£
£
£
£
101,871
88,144
(101,395)
9,900
98,520
99,914
-
-
(9,900)
90,014
201,785
88,144
(101,395)
-
188,534
**Description, nature and purposes of the fund**
The free reserves after allowing for all designated funds
The trustees have agreed that those unresticted funds used to fund the
fixed assets of the trust should be seperatly identified.
|Balance 30
September
2023
£
61,834
80,191|
|---|---|---|
|||142,025|
|||Balance 30
September
2022
£
98,520
90,014|
|||188,534|
19
## Didsbury Parsonage Trust
Notes to the accounts for the year ended 30 September 2023 (continued)
## **18 Analysis of net assets between funds**
|**Current reporting period**
Tangible fixed assets
Fixed asset investments
Net current assets/(liabilities)
Creditors of more than one year
Total
**Previous reporting period**
Tangible fixed assets
Fixed asset investments
Net current assets/(liabilities)
Creditors of more than one year
Total|General
fund
£
80,191
-
(18,357)
-
61,834
General
fund
£
90,014
-
8,506
-
98,520|Designated
funds
£
-
80,191
-
80,191
Designated
funds
£
-
90,014
-
90,014|Restricted
funds
£
-
7,299
-
7,299
Restricted
funds
£
-
7,299
-
-|Total
£
80,191
-
69,133
-|
|---|---|---|---|---|
|||||149,324|
|||||Total
£
90,014
-
105,819
-|
|||||195,833|
## **19 Operating lease commitments**
The charity's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods:
|Less than one year
One to five years
Over five years|2023
_2022_
£
_£_
11,500
_11,500_
46,000
_46,000_
66,125
_77,625_
123,625
_135,125_
Property|2023
_2022_
£
_£_
-
_-_
-
_-_
-
_-_
-
_-_
Equipment|2023
_2022_
£
_£_
-
_-_
-
_-_
-
_-_
-
_-_
Equipment|
|---|---|---|---|
||||_-_|
20
Didsbury Parsonage Trust
## Notes to the accounts for the year ended 30 September 2023 (continued)
## **20 Reconciliation of net movement in funds to net cash flow from operating activities**
|**Net income/(expenditure) for the year**
**Adjustments for:**
Depreciation charge
Decrease/(increase) in debtors
Increase/(decrease) in creditors
**Net cash provided by/(used in) operating**|2023
£
(46,509)
9,823
(5,386)
5,170
(36,902)|_2022_
_£_
_(13,251)_
_10,301_
_(3,528)_
_6,468_|
|---|---|---|
|||_(10)_|
21
## Didsbury Parsonage Trust
## Notes to the accounts for the year ended 30 September 2023 (continued)
## **21 Prior year Statement of Financial Activities (including Income and Expenditure account)**
|**Income from:**
Donations and legacies
Charitable activities:
**Total income**
**Expenditure on:**
Raising funds
Charitable activities:
**Total expenditure**
Transfer between funds
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**
**Net movement in funds for the**
**year**
**Net income/(expenditure) for**
**the year**|Unrestricted
funds
£
18,922
69,222
**88,144**
1,088
100,307
**101,395**
**(13,251)**
-
**(13,251)**
201,785
**188,534**|Restricted
funds
£
12,090
-
**12,090**
-
12,090
**12,090**
**-**
-
**-**
7,299
**7,299**|Total funds
2022
£
31,012
69,222
**100,234**
1,088
112,397
**113,485**
**(13,251)**
-
**(13,251)**
209,084
**195,833**|_Total funds_
_2021_
_£_
_102,385_
_29,932_|
|---|---|---|---|---|
|||||**_132,317_**|
|||||_625_
_79,141_|
|||||**_79,766_**|
|||||**_52,551_**
_-_|
|||||**_52,551_**
_156,533_|
|||||**_209,084_**|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
22