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2022-03-31-accounts

The Faith Network For Manchester (FN4M)

Registered Charity Number: 1144161

Annual Report

and

Unaudited Financial Statements for the Year Ended 31[st] March 2022

The Faith Network For Manchester (FN4M)

Financial Statements for the Year Ended 31[st] March 2022

INDEX
PAGE NUMBER Contents
1 -6 Trustees Annual Report
7 Independent Examiners Report
8 Statement of Financial Activities
9 Balance Sheet
10 Statement of Cash flows
11-17 Notes to the accounts

The Faith Network For Manchester (FN4M) Report of the trustee’s for the Year Ended 31[st] March 2022

Structure, Governance and Management

The Trustees present their report and financial statements for the Year Ended 31[st] March 2022. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charities constitution, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2021).

Reference and administrative Information

Charity Name : The Faith network For Manchester (FN4M)

Structure, Governance and Management

The charity became a registered charity on the 06 October 2011 Charity Registration Number: 1144161

The charity is governed by a constitution adopted on 12 September 2011 and amended by a Special General Meeting on 26 September 2016.

The Trustees who served during the period are as follows:

REVD CHARLES KWAKU-ODOI Appointed 01 December 2014
MRS QAISRA SHAHRAZ Appointed 01 December 2014, Resigned 3 August 2021
REVD ROBERT DAY Appointed 05thMarch 2013, Resigned 3 August 2021
REV FUJO MALAIKA Appointed 01stJuly 2019
MANJARI RAJESH PATEL Appointed 01stJuly 2019
YUIN MO Appointed 01stJuly 2019
AMER AMEEUS SALAM Appointed 06thAugust 2019
SUKHBIR JIM SINGH Appointed 01stJuly 2019
REVD JEREMY LAW Appointed 06thAugust 2019
REVD CHRISTOPHER CODY COYNE Appointed 06thAugust 2019
RABBI WARREN ELF Appointed 03rdAugust 2021
MARGARET CALVERT Appointed 03rdAugust 2021
ELIZABETH CAMERON Appointed 03rdAugust 2021
MOHAMMED ALI Appointed 03rdAugust 2021

Registered Office

Manchester Multifaith Centre, Unit 18, The Wesley Centre, Royce Road, Manchester, M15 5BP

Bankers

The Co-operative Bank P.O. Box 250 Delf House Southway Skelmersdale WN8 6WT

Independent Examiners

Accountex Pro 16 Cestrian Street, Bolton, BL3 2BD

1

The Faith Network For Manchester Trustees Report for the Year Ended 31[st] March 2022 (cont….)

Objectives and Activities:

The Faith Network for Manchester (FN4M) is Manchester’s forum for interfaith and multifaith work and was set up in March 2004 with the specific brief of engaging faith communities in the decision making processes of the City. FN4M works to foster cohesion, understanding and harmony in Manchester. FN4M works with faith communities and organisations, statutory bodies and local representatives, supporting a coordinated approach to Voluntary Sector strategy.

The charity’s objects are the promotion of religious harmony for the benefit of the public by: a) Educating the public in different religious beliefs including an awareness of their distinctive features and their common ground to promote good relations between persons of different faiths

b) Promoting knowledge and mutual understanding and respect of the beliefs and practices of different religious faiths; and

c) Providing a multi-faith centre and a range of multi-faith activities for the Greater Manchester to enable them to interact with people of different religious faiths and better understand their communities.

The Faith Network for Manchester aims:

The charity furthers its charitable purposes for the public benefit through:

Ensuring that –

The voice of faith communities is heard at all stages of local decision making and strategic planning The ethical and environmental dimensions are always considered at all levels of local decision making and strategic planning

Respect, understanding and co-operation be realised between people from different faith communities.

Faith groups are supported in the delivery of community and social activity.

Faith communities are an effective stakeholder and participant in the Greater Manchester area

2

The Faith Network For Manchester

Trustees Report for the Year Ended 31[st] March 2022 (cont….)

Volunteers

Apart from a part-time administrator, all of FN4M’s activities, including its management committee, are run by volunteers. We aim to continually increase the number of volunteers involved in our work.

A review of our achievements and performance: How our activities delivered public benefit:

The Covid-19 pandemic continued to affect greatly affected the way the charity operated this year and public meetings and events and work in schools were impossible for much of the year.

The Manchester Multifaith Centre was able to reopen in July 2021 and our first event in the centre was our Annual General meeting in August. Much of the year comprised of online events and activities and we continued to ensure that made a difference and contributed to the wellbeing of faith communities and communal cohesion.

Our Faith in Black Lives Matter project continued with some support sessions and focus groups for those involved in anti-racist work in their faith and other communities. We also devised a training course for those exploring how to introduce anti-racist policies and practices. We were successful in obtaining an Awards for All grant to further this work. The course was run twice in conjunction with the One Spirit Interfaith Foundation.

The work of our Greater Manchester Interfaith Health and Social Care Working Party continued this year. The appointment of two people as engagement leads in January 2021 quickly started to show the potential of this project in documenting some of this vital work happening across a range of faith communities in Greater Manchester. Although both workers finished their work by the end of 2021, there have been opportunities to extend this work and share best practice in the area of health and wellbeing with other faith communities and organisations.

In the area of mental health, funding was agreed to develop the World Mental Health Day Interfaith Service at the Cathedral in October, which was a very good event, establishing new links between faith communities and voluntary and statutory sector bodies.

As part of the same project, we ran a series of 2-day training courses with the Greater Manchester Mental Health Recovery Academy, training 105 faith leaders in mental health awareness to enable them to support those with mental health issues.

We also received a grant from Answer Cancer to work with different communities to increase the awareness and take up of cancer screening for breast, cervical and bowel cancer. The numbers accessing the screening of these forms of cancer is low across Greater Manchester and we ran sessions in conjunction with Answer Cancer in various faith communities to encourage those in hard to reach communities and groups to improve their take up rate.

Our work on the environment and climate change continued with an in person “Our Faith Our Planet Our Actions” conference to encourage faith communities and people of faith to engage with initiatives around the COP 26 conference on the care of our planet and to commit to doing what they can to help our city become carbon neutral and a safe place for our children, grandchildren and future generations.

We have also continued to lead Manchester’s Scriptural Reasoning group which meets monthly to examine and study holy texts from a range of different religions on various themes. We have also continued to support and advise on the development of the Scriptural Encounters at the University of Manchester.

In November we organised the Great Manchester Interfaith Network conference together with the Religion Media Centre called Creating Connections, which aimed to improve the awareness of the media around faith and interfaith work. It also aimed to give faith leaders and representatives more of an idea about what the media are looking for with regard to successful stories and how to connect with the media. More than 90 people attended and many useful connections were established.

3

The Faith Network For Manchester

Trustees Report for the Year Ended 31[st] March 2022 (cont….)

We also received a grant from Sporting Equals through This Girl Can to introduce a range of sports and the value of sport and exercise to women. This reached and involved a good number of women and the project is ongoing.

We also aimed to educate people of all ages on the value of vaccination against the coronavirus and undertook a project funded by GMCVO to encourage young people across Greater Manchester to be vaccinated.

Impact of Covid19

The year was influenced by further lockdowns and restrictions on gathering together, so initially almost everything we undertook had to be online, including trustee and planning meetings.

FN4M has also ensured that the voice of faith communities has been represented in public discussion and decision making and members of the Faith Network have been active members of many groups, committees and forums to promote harmony and foster good cross-communal relations, while challenging hate, prejudice and inequality.

Financial review

The management committee of The Faith Network for Manchester have reviewed the current accounts and confirmed they are an accurate reflection of our financial status.

Investment powers and policy

Aside from retaining a prudent amount in reserves each year, most of the charity’s funds are to be spent in the short term so there are few funds for any long-term investment.

Reserves Policy and Going Concern

The balance held in reserves as at 31[st] March 2022 was £59,502 (unrestricted £7,455 restricted £52,047). The trustees are confident they will secure sufficient unrestricted reserves to bring the balance out of deficit and will work towards to their aim to maintain unrestricted reserves at a level which equates to approximately three months of unrestricted charitable income. The trustees consider that this

Risk Management

The trustees have conducted a review of the major risks to which the charity is exposed and systems have been established to mitigate those risks.

Plans for the future

The Faith Network for Manchester (FN4M) plan to develop its activities by running increased activities.

Appointment of Officers and trustees

1) The charity and its property shall be managed and administered by a committee comprising the officers and other members elected in accordance with this constitution. The officers and other members of the committee shall be the trustees of the charity.

3) A trustee must be a member of the charity or the nominated representative of an organisation that is a member of the charity.

4

The Faith Network For Manchester

Trustees Report for the Year Ended 31[st] March 2022 (cont….)

Trustee Induction and training:

A Faith Network for Manchester handbook has been prepared and forms part of the induction process for all new and potential trustees.

There are at least two training and strategic planning days for trustees each year.

Recruitment and Appointment of Charity Trustees

The charity in general meeting shall elect the officers and the other trustees. The trustees may appoint any person who is willing to act as a trustee and they may also appoint trustees to act as officers.

Each of the trustees shall retire with effect from the conclusion of the annual general meeting next after his or her appointment but shall be eligible for re-election at that annual general meeting.

The charity will be managed by regular committee meetings, at least four times a year and preferably monthly and an annual AGM.

Principal Office:

Manchester Multifaith Centre Unit 18, The Wesley Centre, Royce Road, Manchester M15 5BP

5

The Faith Network For Manchester Trustees Report for the Year Ended 31[st] March 2022 (cont….)

Statement of trustee’s responsibilities

The charity trustees are responsible for preparing a trustees` report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice.)

Law applicable to charities in England and Wales requires the Trustees to prepare accounts for each financial year, which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing accounts giving a fair and true view, the trustees should follow best practice and:

The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the accounts comply with The Charities Act 2011 and the applicable Charities (Accounts and Reports) Regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees on 7[th] November 2022 and signed on their behalf by:

Signed:

RABBI WARREN ELF MBE CO-CHAIR of TRUSTEES

6

Independent Examiners Report to the members of The Faith Network For Manchester (FN4M)

I report on the accounts of the charity for the Year Ended 31[st] March 2022 which are set out on pages 8 to 17 .

Respective Responsibilities of Trustees and Examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011Act) and that an Independent examination is needed.

It is my responsibility to:

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 group 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 with my examination, no matter has come to my attention:

1) which gives me reasonable cause to believe that in any material respect the requirements:

• to keep accounting records in accordance with section 130 of the 2011 Act and

• to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act

have not been met or

2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Date: 14[th] November 2022

Sugra Akbar FCCA

Accountex Pro 16 Cestrian Street Bolton BL3 2BD

7

The Faith Network For Manchester Statement of Financial Activities for the Year Ended 31[st] March 2022

Notes
Income from:
Donations and legacies
(3)
Charitable activities
(4)
Other income
(5)
Total
Expenditure on:
Charitable activities
(6)
Total
Net income/(expenditure)
Transfer between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
(13)
Total funds carried forward
(13)
Year Ended
Year Ended
31st March
2022
31st March
2021
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
2,440
-
2,440
10,137
4,000
42,150
46,150
62,279
65
-
65
925
6,505
42,150
48,655
73,341
3,085
42,893
45,978
33,626
3,085
42,893
45,978
33,626
3,420
(743)
2,677
39,715
-
-
-
-
3,420
(743)
2,677
39,715
4,035
52,790
56,825
17,110
7,455
52,047
59,502
56,825

The Statement of Financial Activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.

The notes on pages 11 to 17 form part of these financial statements

8

The Faith Network For Manchester Balance Sheet as at 31[st] March 2022

Notes
Current Assets
Debtors
(11)
Cash at Bank and in hand
Total current assets
Liabilities
Creditors:
(12)
Amounts falling due within one year
Net current assets or liabilities
Total assets less current
liabilities
Total net assets or liabilities
The funds of the charity
Restricted income funds
(13)
Unrestricted income funds
(13)
Total charity funds
2022
2021
£
£
39
56
59,763
57,069
59,802
57,125
300
300
300
300
59,502
56,825
59,502
56,825
52,047
52,790
7,455
4,035
59,502
56,825

Approved by the trustees on 7[th] November 2022 and signed on their behalf by:

Name: RABBI WARREN ELF MBE C0-CHAIR of TRUSTEES

The notes on pages 11 to 17 form part of these financial statements

9

The Faith Network For Manchester Statement of Cash Flows for the Year Ended 31[st] March 2022

Reconciliation of net movement in funds to net cash flow from operating
activities
Net movement in funds
Add back depreciation
Decrease/(increase)debtors
Increase/(decrease) creditors
Net cash used in operating activities
Cashflows from investment activities
Interest
Purchase of fixed assets
Net cash provided by investing activities
Increase/(decrease) in cash and cash equivalents during the year
Cash and cash equivalents brought forward
Cash and cash equivalents carried forward
31st
March
2022
31st
March
2021
Total
Total
Funds
Funds
2,677
39,715
-
-
17
753
-
(1,935)
2,694
38,533
-
-
-
-
-
-
57,069
18,536
59,763
57,069

10

The Faith Network For Manchester Notes to the accounts for the Year Ended 31[st] March 2022

1. Accounting policies

(a) Basis of preparation and going concern

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 1st January 2021 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.The charity constitutes a public benefit entity as defined by FRS 102.

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

(b)Funds structure

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor.

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustee’s at their discretion, have created a fund for a specific purpose.

Further details of each fund are disclosed in note 4.

(c) Income recognition

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donations are recognised when the charity has been notified in writing of both the amount and settlement date.

Grants which relate to a specific period are deferred.

(d) Expenditure recognition

Liabilities are recognised as expenditure as soon as there is a legal obligation or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

All expenditure other than that capitalised has been reflected in the income and expenditure account on an accruals basis including support costs and governance costs are allocated or apportioned to the applicable expenditure headings.

(e) Irrecoverable VAT

Irrecoverable VAT is charged against the expenditure heading for which it was incurred.

(f) Allocation of support and governance costs

Governance costs comprise all costs including the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to independent examination and legal fees together with an apportionment of overhead and support costs. Support costs have been allocated between governance costs and other support costs.

11

Faith Network For Manchester Notes to the accounts for the Year Ended 31[st] March 2022

(g) Cost of raising funds

There were no costs associated with raising funds for the Year Ended 31 March 2022.

(h) Charitable activities

Costs of charitable activities includes governance costs and support costs as shown in note 5.

(i) Tangible fixed assets and depreciation

Fixed assets are stated at cost less accumulated depreciation. The cost of minor additions or those costing below £200 are not capitalised. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life, as follows:

Furniture & Equipment 25% on cost Computers & Equipment 33.33% on cost

(j) Taxation

The charity is not subject to any taxes on its charitable activities.

(k) Realised gains and losses

All gains and losses are taken to the Statement of Financial Activities as they arise.

(l) Pensions

The charity operates a pension scheme into which the charity pays 5% for all staff.

(m) Contingent liabilities

A contingent liability is defined and disclosed for those grants resulting from:

A possible obligation which will only be confirmed by the occurrence of one or more uncertain future events not wholly within the trustees` control.

2. Related party transactions and trustees` expenses and remuneration

The trustees all give freely their time and expertise without any form of remuneration or other benefit in cash or kind. Expenses paid to the trustee’s in the year totalled nil. (2018: nil)

3. Donations and legacies

Donations and legacies
Total
2020
Year
Ended
Year
Ended
31st March
2022
31st March
2021
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
2,440
-
2,440
10,137
2,440
-
2,440
10,137
Unrestricted
Restricted
Total

£
£
£
10,137
-
10,137
10,137
-
10,137

12

The Faith Network For Manchester

Notes to the accounts for the Year Ended 31[st] March 2021 (cont.…)

4. Income from charitable activities

Year Ended
Year Ended
Year Ended
Year Ended
31st March
2022
31st March
2022
31st March
2022
31st March
2021
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
Awards For All
1,000
9,000
10,000
-
Nightingale Chaplaincy (NHS)
-
-
-
42,984
GMCVO
850
7,650
8,500
-
Tameside Chaplaincy
1,000
14,000
15,000
-
Sport England
-
-
-
6,700
Salford CVS
1,150
10,600
11,750
-
Gov grant (furlough)
-
-
-
12,595
Total
4,000
41,250
45,250
62,279
Unrestricted
Restricted
Total
2021
£
£
£
-
62,279
62,279
-
62,279
62,279

5. Other income
Year Ended
Year Ended
Year Ended
Year Ended
31st March 2022
31st March 2022
31st March 2022
31st March 2021
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
Other income
65
-
65
925
65
-
65
925
Unrestricted
Restricted
Total
2021
-
-
-
925
-
925
Year Ended
Year Ended
Year Ended
Year Ended
31st March
2022
31st March
2022
31st March
2022
31st March
2021
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
Awards For All
1,000
9,000
10,000
-
Nightingale Chaplaincy (NHS)
-
-
-
42,984
GMCVO
850
7,650
8,500
-
Tameside Chaplaincy
1,000
14,000
15,000
-
Sport England
-
-
-
6,700
Salford CVS
1,150
10,600
11,750
-
Gov grant (furlough)
-
-
-
12,595
Total
4,000
41,250
45,250
62,279
Unrestricted
Restricted
Total
2021
£
£
£
-
62,279
62,279
-
62,279
62,279

5. Other income
Year Ended
Year Ended
Year Ended
Year Ended
31st March 2022
31st March 2022
31st March 2022
31st March 2021
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
Other income
65
-
65
925
65
-
65
925
Unrestricted
Restricted
Total
2021
-
-
-
925
-
925
Year Ended
Year Ended
Year Ended
Year Ended
31st March
2022
31st March
2022
31st March
2022
31st March
2021
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
Awards For All
1,000
9,000
10,000
-
Nightingale Chaplaincy (NHS)
-
-
-
42,984
GMCVO
850
7,650
8,500
-
Tameside Chaplaincy
1,000
14,000
15,000
-
Sport England
-
-
-
6,700
Salford CVS
1,150
10,600
11,750
-
Gov grant (furlough)
-
-
-
12,595
Total
4,000
41,250
45,250
62,279
Unrestricted
Restricted
Total
2021
£
£
£
-
62,279
62,279
-
62,279
62,279

5. Other income
Year Ended
Year Ended
Year Ended
Year Ended
31st March 2022
31st March 2022
31st March 2022
31st March 2021
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
Other income
65
-
65
925
65
-
65
925
Unrestricted
Restricted
Total
2021
-
-
-
925
-
925
65
2021
925
-
925

-

13

The Faith Network For Manchester

Notes to the accounts for the Year Ended 31[st] March 2022 (cont.….)

6. Expenditure

CHARITABLE ACTIVITIES
Sessional
Employment
Rates
Charitable expenditure
Trustees expenses
Governance
Support costs
Year Ended
Year Ended
31st March 2022
31st March 2021
Community
Community
Total
Total
Unrestricted
Restricted
2022
2021
£
£
£
£
-
-
-
9,730
-
18,561
18,561
20,461
-
-
322
10,896
24,332
35,228
1,739
50
-
50
-
300
-
300
300
1,129
-
1,129
1,074
12,375
42,893
55,268
33,626
2021 Unrestricted
Restricted
Total
£
£
£
11,301
22,325
33,626
11,301
22,325
33,626

7. Allocation of governance and support costs

The breakdown of support costs and how these were allocated between governance and other support costs is shown below.

Accountancy
Payroll
Telephone/Internet
Rent
Insurance
General
Governance
Total
Basis of apportionment
support
-
300
300
Nature of expenditure
180
-
180
Nature of expenditure
464
-
464
Nature of expenditure
-
-
-
Nature of expenditure
485
-
485
Nature of expenditure
1,129
300
1,429

14

The Faith Network For Manchester

Notes to the accounts for the Year Ended 31[st] March 2022 (cont.….)

8. Tangible Fixed Assets

The charity holds no fixed assets

9. Analysis of staff costs

Staff costs were as follows
Wages & Salaries
Employers pension contribution
Social Security Costs
Year Ended
31st March
2022
£
18,561
-
-
18,561
Year Ended
31st March
2021
£
20,091
370
-
20,461

The average number of employees during the period FTE was 1 (2021:1)

The charity considers its key management personnel comprise the trustees. The total employment benefits, including employer pension contributions of the key management personnel were £nil (2021: nil). No employee has benefits in excess of £60,000 (2021: nil)

10. Governance costs

0. Governance costs
Year Ended Year Ended
31st March 31st March
2022 2021
Total Total
Funds Funds
£ £
Independent examination fees 300 300
Other financial services 180 180
480 480
. Analysis of debtors
2022 2021
£ £
Debtors - -
Prepayments 39 56
39 56

11. Analysis of debtors

Debtors and prepayments relate to unrestricted funds 2022 (unrestricted funds 2021)

15

The Faith Network For Manchester

Notes to the accounts for the Year Ended 31[st] March 2022 (cont….)

12. Creditors: Amounts falling due within one year

ditors: Amounts falling due within one year
Other creditors and accruals
Pensions
2022
2021
£
£
300
300
-
-
300
300

13. Analysis of charitable funds

Analysis of movement in unrestricted funds




UNRESTRICTED
General Fund
Total Unrestricted Funds
Balance
as at
Incoming
Outgoing
Transfers
Balance
as at
01.04.2021
31.03.2022
4,035
6,505
3,085
-
7,455
4,035
6,505
3,085
-
7,455

Name of unrestricted fund: Description and nature of fund

General fund The “free reserves” after allowing for all designated funds

Analysis of movement in restricted funds

RESTRICTED
Nightingale Chaplaincy (NHS)
Sports England
GMHSCP
Tameside Chaplaincy
GMCVO
Salford Chaplaincy
Services
Awards For All
Balance as at
Incoming
Resources
Transfers
Balance as at
01.04.2021
Resources
Expended
31.03.2022
29,480
-
22,458
-
7,022
3,310
-
2,905
-
405
20,000
-
9,290
-
10,710
-
14,000
800
-
13,200
-
7,650
1,832
-
5,818
-
10,600
4,578
-
6,022
-
900
-
-
900
-
9,000
1,030
-
7,970
52,790
42,150
42,893
-
52,047

Name of restricted fund Description, nature and purpose of fund

Nightingale Chaplaincy (NHS) Health and wellbeing project costs Sports England Staffing costs Tameside Chaplaincy Furlough payments during Covid19 GMHSCP Research and data collection

GMCVO Covid-19 Young Community Champions Awards for all Faith in Black Lives Matter project

16

The Faith Network For Manchester

Notes to the accounts for the Year Ended 31[st] March 2022 (cont….)

14. Analysis of net assets between funds

4. Analysis of net assets between funds
Tangible Fixed Assets
Current Assets
Current Liabilities
Net Assets as at 31 March 2022
General
Restricted
Total
Funds
2021
£
£
£
-
-
-
7,755
52,047
59,802
(300)
-
(300)
7,455
52,047
59,502

15.Trustee remuneration and expenses, and related party transactions

Neither the trustees nor any persons connected with them received any remuneration during the year (2021: Nil). There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

17