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2023-03-31-accounts

The Faith Network for Manchester (FN4M)

Registered Charity Number: 1144161

Annual Report

and

Unaudited Financial Statements for the Year Ended 31[st] March 2023

The Faith Network for Manchester (FN4M)

Financial Statements for the Year Ended 31[st] March 2023

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 2023

Structure, Governance and Management

The Trustees present their report and financial statements for the Year Ended 31[st] March 2023. 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
REV FUJO MALAIKA Appointed 01stJuly 2019
MANJARI RAJESH PATEL 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
GRANGE WILLIAMS Appointed 03rdAugust 2021
NABILA FAROOQ Appointed 05thSeptember 2022
CLIVE PYOTT Appointed 05thSeptember 2022
WENDY SIMMS Appointed 05thSeptember 2022

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 2023 (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 –

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 2023 (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:

We have continued to run Scriptural Reasoning sessions every 4 – 6 weeks and have looked at scriptures and holy texts on ‘Remorse , Forgiveness and Judgement’, Peace, Creation, the End of Time and Thought and Action. We are still attracting between 6 and 15 participants to each session.

We have continued the Faith in Black Lives Matter project that started after the murder of George Floyd and we have run two further courses of our four week antiracism training, in November and March. Another course is planned for this coming November and we will be looking to set up support sessions for those working to make their faith communities antiracist and more welcoming.

We have supported and spoken to interfaith groups in Altrincham and Stockport, offered advice and support to Tameside Faiths United and helped to run Bury Faith Forum’s Inter Faith Week activity for schools.

Many of us were involved in civic and interfaith events on the death of Her Majesty, Queen Elizabeth II. We are also looking to hold events to celebrate the Coronation of King Charles III.

We have supported the Research in Ageing being undertaken by Dr Luciana Lang of the University of Manchester’s Manchester Institute of Collaborative Research on Ageing. A key focus of this work is to establish what support faith communities give to the elderly.

We have continued our work on Faith and Mental Wellbeing. We have appointed two freelance members of staff to coordinate our NHS funded project to train more people using the Greater Manchester NHS programmes, Connect 5 and Living Life to the Full. Imam Irfan Chishti and Revd Emmanuel Okujo have been leading this work.

In the last year, in conjunction with Greater Manchester Mental Health service and the Recovery Academy, we have run 5 more two day courses for faith leaders and those working in faith communities around mental health and mental wellbeing. The feedback and evaluations indicate that this is one of the best courses that most of our participants have ever done!

Also, in the area of health, we have run a second Answer Cancer project, to increase the take up of cancer screening amongst underrepresented groups. This has involved information and awareness workshops in different faith communities, encouraging people to sign up as Answer Cancer champions and ensuring more people take up the offers for screening for bowel, breast and cervical cancer. This work continues to be led by Nabila Farooq and Sam Singh.

We also partnered and supported a number of interfaith Iftar events during Ramadan this year and are especially grateful to Khizra Mosque for their help and role in this.

We have supported and participated in a couple of the Difficult Dialogues run by #WeStandTogether and we have also restarted our interfaith dialogues, with an online dialogue on The Power of Language. We hope to run more interfaith dialogues, online and in person, in the coming year.

A few of us participated in a Mothers Against Violence interfaith event in Hulme on Sunday 23rd October, which was a great way to bring together experienced and new participants in interfaith and community cohesion work. Thanks to Carl Montlake for organising the speakers, food and the event and for inviting us to be partners in the event.

On 26th October 2022 we supported the Our Faith Our Planet Conference, held at Khizra Mosque. The commitment to do something to reduce the harm we are doing to our planet from everyone there was commendable.

3

The Faith Network For Manchester

Trustees Report for the Year Ended 31st March 2023 (cont….)

We were asked to help at the Greater Manchester Power of Staff Network Conference on faith awareness and to focus on Diwali in an interfaith setting. Feedback was positive and our presenters gave a varied approach to examining the different aspects of Diwali and its significance to us all in a multicultural environment.

In interfaith week we helped organise multifaith panels in schools, attended the Bolton Islamophobia Conference and helped to run Bury Faith Forum’s Focus on Faith event for schools, providing presenters from six different faiths.

In December we co-organised the annual Greater Manchester Interfaith Conference with the GM Resilience Hub looking at GM Resilience and how faith leaders and communities can help and play an important part in time of crisis and emergency. This has led to an ongoing piece of work to identify faith and community leaders and train them to be able to respond, if and when required, to crisis situations across Greater Manchester.

We also supported the University of Manchester’s Scriptural Encounter programme, advising on and helping advertise their latest series of sessions on Holy and Just Wars, using the war in Ukraine as a starting point.

We have started to return to our work in schools after the pandemic, with interfaith input to at least three schools, in one case on the theme of faith perspectives on climate change and caring for the environment. We have revamped the publicity for our schools project, In Your Faith, which has been circulated to schools at the start of the academic year.

We organised the presenters and panel for the Parrs Wood Sixth Form Spiritual Awareness Day, as we did before the pandemic. This was a great day and we provided 15 presenters from 8 faith and belief traditions, with four different strands of Christianity. We expect to repeat this with more schools next year.

Many of us were involved in the planning and leading of Holocaust Memorial Day events in different boroughs across Greater Manchester and Holocaust awareness training for GMCA and GM Fire and Rescue Service staff. We also supported the annual Remembering Srebrenica event at Manchester Cathedral in early July, as we do every year. We are pleased to be launching our brand new Strategy Document, compiled throughout 2022 and leading us forward to 2027. We continue to revise and update our policies and governance each year.

FN4M have been asked to provide faith and faith awareness training for groups as diverse as hospices and the NCA and are able to provide training for community groups, businesses, statutory and voluntary organisations.

Many FN4M trustees and volunteers were among the thousands who supported the Vaisakhi Day at Manchester Museum, organised by the Sikh community and spearheaded by one of our trustees. It was a tremendous event with dozens, if not hundreds, of volunteers. So many people were introduced to Sikhism through this event.

We were consulted by Derby Faith Alliance as to how we operate, as they are in a period of change. This is interesting and a massive compliment for us at FN4M, as they have at least three part-time staff but we are run by volunteers, with an administrator for one day a week.

At this point, we would like to thank Kadija Ollow, our administrator, for her sterling work with our mailings, social media, publicity, website and much more – and for her patience with us volunteers.

None of this would be possible without the dedication and commitment of our trustees and volunteers and we thank all of them for everything they have done to ensure another successful year for the Faith Network for Manchester and helping to foster cohesion, understanding and harmony across our city.

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.

4

The Faith Network For Manchester

Trustees Report for the Year Ended 31st March 2023 (cont….)

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 2023 was £77,444 (2022: £59,502) out of which unrestricted is £8,404 and restricted £69,040. (2022: unrestricted £7,455 restricted £52,047).

The trustees aim to build unrestricted reserves at a level which equates to approximately three months of unrestricted charitable income.

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.

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 is at least one training and strategic planning day 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 2023 (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 26[th] January 2024 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 2023 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: 27[th] January 2024

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 2023

Year Ended Year Ended
31st March 2023 31st March 2022
Notes Unrestricted Restricted Total Total
Funds Funds Funds Funds
£ £ £ £
Income from:
Donations and legacies (3) - - - 2,440
Charitable activities (4) - 75,500 75,500 46,150
Other income (5) 949 - 949 65
Total 949 75,500 76,449 48,655
Expenditure on:
Charitable activities (6) - 58,507 58,507 45,978
Total 58,507 58,507 45,978
Net income/(expenditure) 949 16,993 17,942 2,677
Transfer between funds - - - -
Net movement in funds 949 16,993 17,942 2,677
Reconciliation of funds
Total funds brought
forward		 (13) 7,455 52,047 59,502 56,825
Total funds carried
forward		 (13) 8,404 69,040 77,444 59,502

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 2023

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		 2023
2022
£
£
37
39
77,707
59,763
77,744
59,802
300
300
300
300
77,444
59,502
77,444
59,502
69,040
52,047
8,404
7,455
77,444
59,502

Approved by the trustees on 26[th] January 2024 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 2023

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
2023
31st March
2022
Total
Total
Funds
Funds
17,942
2,677
-
-
2
17
-
17,944
2,694
-
-
-
-
-
-
59,763
57,069
77,707
59,763

10

The Faith Network For Manchester Notes to the accounts for the Year Ended 31[st] March 2023

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.

SORP FRS 102

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. Assets and liabilities are initially recognised at historic cost or transactional value unless otherwise stated in the relevant accounting policy note.

(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 2023

(g) Cost of raising funds

There were no costs associated with raising funds for the Year Ended 31 March 2023.

(h) Charitable activities

Costs of charitable activities includes governance costs and support costs as shown in note 6.

(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 trustees in the year totalled £252. (2022: nil)

3. Donations and legacies

Donations and legacies
Total
2022		 Year
Ended
Year
Ended
31st March
2023
31st March
2022
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
-
-
-
2,440
-
-
-
2,440
Unrestricted
Restricted
Total

£
£
£
2,440
-
2,440
2,440
-
2,440

12

The Faith Network For Manchester

Notes to the accounts for the Year Ended 31[st] March 2023 (cont.…)

4. Income from charitable activities

. Income from charitable activities
Awards For All
NHS
Forever Manchester
GMCVO
Tameside Chaplaincy
Salford Comm GMBME
Salford CVS
Services
Total
5. Other income
Other income		 Year Ended
Year Ended
Year Ended
Year Ended
31st March 2023
31st March 2023
31st March 2023
31st March 2022
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
-
-
-
10,000
-
40,000
40,000
-
-
10,000
10,000
-
-
-
-
8,500
-
15,000
15,000
15,000
-
2,500
2,500
-
-
8,000
8,000
11,750
-
-
-
900
- 75,500
75,500
46,150
Unrestricted
Restricted
Total
2022
£
£
£
4,000
42,150
46,150
4,000
42,150
46,150
Year Ended
Year Ended
Year Ended
Year Ended
31st March 2023
31st March 2023
31st March 2023
31st March 2022
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
949
-
949
65
949
-
949
65
Unrestricted
Restricted
Total
2022
-
-
-
65
-
65
949
2022
65
-
65

13

The Faith Network For Manchester

Notes to the accounts for the Year Ended 31[st] March 2023 (cont.….)

6. Expenditure

CHARITABLE ACTIVITIES
Employment
Charitable expenditure
Trustees’ expenses
Governance
Support costs		 Year Ended
Year Ended
31st March 2023
31st March 2022
Community
Community
Total
Total
Unrestricted
Restricted
2023
2022
£
£
£
£
-
5,719
5,719
18,561
-
42,933
42,933
25,988
-
252
252
-
-
300
300
300
-
9,303
9,303
1,129
-
58,507
58,507
45,978
2022 Unrestricted
Restricted
Total
£
£
£
3,085
42,893
45,978
3,085
42,893
45,978

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
PPS
Telephone/Internet
Rent
Insurance		 General
Governance
Total
Basis of
apportionment
support
-
300
300
Nature of expenditure
171
-
171
Nature of expenditure
1,500
-
1,500
501
-
501
Nature of expenditure
6,690
-
6,690
Nature of expenditure
441
-
441
Nature of expenditure
9,303
300
9,603

8. Tangible Fixed Assets

The charity holds no fixed assets

14

The Faith Network For Manchester

Notes to the accounts for the Year Ended 31[st] March 2023(cont.….)

9. Analysis of staff costs

Staff costs were as follows
Wages & Salaries
Employers pension contribution
Social Security Costs		 Year Ended
31st March
2023
£
5,719
-
-
5,719		 Year Ended
31st March
2022
£
18,561
-
-
18,561

The average number of employees during the period FTE was 0.3 (2022:1)

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 (2022: nil). No employee has benefits in excess of £60,000 (2022: nil)

10. Governance costs

Independent examination fees
Other financial services
. Analysis of debtors
Debtors
Prepayments		 Year Ended
Year Ended
31st March
2023
31st March
2022
Total
Total
Funds
Funds
£
£
300
300
171
180
471
480
2023
2022
£
£
-
-
37
39
37
39

11. Analysis of debtors

Debtors and prepayments relate to restricted funds 2023 (unrestricted funds 2022)

12. Creditors: Amounts falling due within one year

ditors: Amounts falling due within one year
Other creditors and accruals
Pensions		 2023
2022
£
£
300
300
-
-
300
300

15

The Faith Network For Manchester

Notes to the accounts for the Year Ended 31[st] March 2023 (cont….)

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
01.04.2022
31.03.2023
7,455
949
-
-
8,404
7,455
949
-
-
8,404

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
NHS Trafford
Tameside Chaplaincy
GMCVO
Salford Chaplaincy
Salford GMBME
Forever Manchester
Salford CVS
Services
Awards For All		 Balance as at
Incoming
Resources
Transfers
Balance as at
01.04.2022
Resources
Expended
31.03.2023
7,022
-
7,022
-
-
405
-
405
-
-
10,710
-
10,710
-
-
-
40,000
8,984
-
31,016
13,200
15,000
4,144
-
24,056
5,818
-
5,818
-
-
6,022
-
6,022
-
-
-
2,500
2,500
-
10,000
8,398
-
1,602
-
8,000
1,890
-
6,110
900
-
-
-
900
7,970
-
2,614
-
5,356
52,047
75,500
58,507
-
69,040

Name of restricted fund Description, nature, and purpose of fund

Nightingale Chaplaincy (NHS) Health and wellbeing project costs

Sports England Staffing costs

Tameside Chaplaincy Ongoing Charitable activities Salford Chaplaincy Ongoing Charitable Activities GMCVO Ongoing Charitable Activities

GMHSCP Research and data collection

Forever Manchester Ongoing Charitable Activities Services Ongoing Charitable Activities NHS Trafford Faith and Mental health Project

Salford CVS Cancer Screening Awareness Salford GMBME Ongoing Charitable Activities 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 2023 (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 2023		 General
Restricted
Total
Funds
2023
£
£
£
-
-
-
8,704
69,040
77,744
(300)
-
(300)
8,404
69,040
77,444

15.Trustee remuneration and expenses, and related party transactions

Neither the trustees nor any persons connected with them received any remuneration during the year (2022: Nil). There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

17