Company registration number 07885159
Charity registration number 1145943
Didsbury Good Neighbours (A company limited by guarantee)
Trustees' Report and Financial Statements
31 March 2022
**Didsbury Good Neighbours Trustees Report for the year ended 31 March 2022**
## **Chairs report**
2021 continued to provide challenges for DGN. It became clear at the beginning of the year that the Covid safety plans we put in place in 2020 would continue throughout the year, ensuring the safety of our members and volunteers.
Within DGN staff, trustees and volunteers have been marvellous, their adaptability and in-depth knowledge of our members and local residents continued to be our key strength. We established a major transformation programme, clarifying our direction to increase our impact, above all designing a system to keep staff and volunteers safe whilst responding to the growing number of requests for both emotional and physical support. We continued with our ‘no request for assistance goes unanswered’ policy.
During the year we fully re-opened our office and developed a hybrid service with a mix of faceto-face and digital platforms. We continued to develop our newer services, bringing people together wherever possible especially those who were feeling increasingly isolated as the pandemic continued. DGN’s communication plan put in place last year enabled us to keep in touch with all our members. We continued to be able to link those who needed specific help with health and social care colleagues.
Whilst keeping safe and supporting DGN members has been our number one priority we have spent considerable effort on closing the ever increasing funding gap
With the closure and reduction of activities our regular income streams have reduced or dried up. Trustees worried that we might fall into serious financial difficulties so we set about designing a ‘Covid Impact’ fundraising programme.
We remain immensely grateful to the wide range of individuals and funding agencies who have supported our work. We began to see the benefits of our refurbished café. Now open seven days a week we have been able to provide space for a Covid information hub for our older customers and the increased turnover in the café has provided much needed income. The café staff work closely with DGN’s wider team providing a range of simple takeaway food and treats for our many loyal customers.
We are now, thankfully, moving to the point where we have a more familiar programme of activities. Yet we are not back to normal, Covid19 is still with us. We continue to focus our resources on the critical areas of health, care and loneliness, we are building partnerships to help us concentrate efforts where we will have the greatest impact.
We are working closely with neighbouring Care services in Chorlton and Withington and are strengthening our partnerships with MCC and local health providers.
In late spring we successfully appointed a part-time service manager to lead the day to day operations of the charity, this appointment is already proving a success.
While 2021 was more challenging than we had either hoped or expected, I thank our staff, trustees and volunteers who have risen to the challenge and worked tirelessly to ensure that DGN could continue to deliver high-quality services to local older residents. We look forward to continuing our work in 2022.
2
## **Chairs report**
## **Financial review**
Our business model was severely compromised as a result of the onset of the pandemic that resulted in local restrictions and lockdowns, since it meant we had to close the Centre and so had no revenue from our two main business streams, activities and room hire. This continued into the first half of 2021-22. As the environment improved and the lockdowns were lifted, we began to reintroduce our activities and room hire from September 2021 and became moreorless fully operational by Christmas 2021.
Thanks to Manchester City Council for continuing to support us with the Wellbeing grant which is our source of funding for our core staff without whom the charity could not function. During 2020-21, we bid successfully to Covid Support funding sources and were awarded several grants. Funding from these grants largely carried over into the beginning of 2021-22. However, since the end of lockdown, there were fewer funding sources that had broad objectives to help sustain the continued operations of charitable organisations, the focus turning more often to funders’ specific objectives. As a result, the Charity has been more reliant on our own business streams and donations.
Our subsidiary, Didsbury Pavilion Café, has continued to benefit from the fact that more people had become aware of the Park and the Café and the value of opportunities for exercise that the Park offers. The surplus generated in 2020-21 was transferred to the Charity and allowed us to appoint a part-time manager. This legacy of a customer base significantly greater than before the pandemic continued to be apparent in the turnover in the financial year 2021-22 and it has again produced a surplus that is being transferred to the Charity during the current financial year to underpin the Charity’s operations.
The year 21/22 has reaffirmed our view that the financial health of an organisation such as ours is built on as many sources of income as possible. I would particularly like to thank those of you who have donated and/or gift aided funds to us. All donations, however large or small, help us to continue our work in the local community and without your support our work would be that much less effective. Thank you for support - it is much appreciated.
There were £11,890 restricted funds at 31st March 2020.
We do not employ professional fundraisers.
We have not received any income from either Central Government or MCC
We made no expenditures outside England and Wales
## **Reserves policy and going concern**
The trustees aim to maintain sufficient reserves to meet day to day expenditure. At 31st March 2022, the free unrestricted reserves, excluding fixed assets, were £65,648.(2020: £57,568).
The trustees, having regard to reserves and current activity levels consider that the charity is a going concern. Members have agreed to contribute a sum not exceeding £10 in the event of the company winding up.
## **Risk management**
The Trustees are satisfied that the risk management policies and procedures for the Charity are adequate.
3
## **Chairs report**
## **Related parties and co-operation with other organisations**
None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager with any service providers must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. In the current year no such related party transactions were reported.
## **Trustees responsibilities in relation to the financial statements**
The charity trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of accounts. The trustees consider that an audit is not required for the year under section 144(2) of the Charities act 2011 and that an independent examination is needed.
Company law requires the charity trustees to prepare financial statements for each 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 the financial statements, the trustees are required to:
- Select suitable accounting principles and then apply them consistently;
- Observe the methods and principles in the applicable Charities SORP;
- Make judgments and estimates that are reasonable and prudent;
- State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements;
- Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
By order of the board of trustees Roger Tarling
Trustee
4
## **Didsbury Good Neighbours Independent examiners' report for the year ended 31 March 2022**
I report on the unaudited accounts of Didsbury Good Neighbours for the year ended 31 March 2021 which comprise the Statement of Financial Activities, the Balance Sheet, the Cashflow Statement and the related notes. The financial reporting framework that has been applied in thier preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
## **Respective responsibilities of trustees' and independent examiner**
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
I am qualified to undertake the examination, being a qualified member of the Association of International Accountants (AIA).
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of the independent examiner's report**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity 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 386 of the Companies Act 2006; and
- to prepare accounts which accord with the accounting records, comply with the accounting requirement of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
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.
Robert Newman Independent examiner Carter Collins & Myer Date: 20th December 2022
Chichester House 2 Chichester Street Rochdale Lancashire OL16 2AX
5
## **Didsbury Good Neighbours Statement of financial activities for the year ended 31 March 2022**
|**Notes**
**Income and endowments from:**
Donations and legacies
**3**
Investments
**4**
Charitable activities
**5**
Other
**6**
**Total**
**Expenditure on:**
Raising Funds
Charitable activities
Other
**8**
**Total**
**Net income**
**Transfers between funds**
**Other recognised** **gains/(losses)**
Gains and losses on investment assets
**Net movement in funds**
**Reconciliation of funds:**
**Total funds brought forward**
**17**
**Total funds carried forward**
**17**|**Unrestricted**
**£**
45,669
-
24,918
21,214
91,801
10,386
11,030
27,740
49,156
42,645
-
-
42,645
23,003
65,648|**Restricted**
**£**
11,890
-
-
-
11,890
-
63,103
1,856
64,959
(53,069)
-
-
(53,069)
53,069
-|**Total 2022**
**£**
57,559
-
24,918
21,214
103,691
10,386
74,133
29,596
114,115
(10,424)
-
-
(10,424)
76,072
65,648|**Total 2021**
**£**
98,535
-
8,801
13,827|
|---|---|---|---|---|
|||||121,163
2,335
61,629
38,334|
|||||102,298|
|||||18,865|
|||||-
-|
|||||18,865
4,730|
|||||23,595|
The statement of financial activities includes all gains and losses in the year. All incoming resources and resources
6
## **Didsbury Good Neighbours Balance Sheet as at 31 March 2022**
|**Notes**
**Fixed assets**
Tangible assets
**12**
**Current assets**
Debtors
**14**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
**15**
**Net current assets**
**Total assets less current**
**liabilities**
**Net assets**
**Funds of the charity**
Unrestricted funds
**17**
Restricted funds
**17**
**Total funds**|**Unrestricted**
**Restricted**
**£**
**£**
6,432
-
6,432
-
26,985
-
34,306
-
61,291
-
(2,075)
-
59,216
65,648
-
65,648
-
65,648
-
65,648
-|**Total 2022**
**Total 2021**
**£**
**£**
6,432
12,034
6,432
12,034
26,985
1,671
34,306
64,077
61,291
65,748
(2,075)
(1,710)|
|---|---|---|
|||59,216
64,038
65,648
76,072
65,648
76,072
65,648
23,003
-
53,069
65,648
76,072|
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
The trustees are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The trustees have acknowledged on the balance sheet as at 31 March 2022 their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
R Tarling Trustee Approved by the board on 23 December 2022
7
## **Didsbury Good Neighbours**
**Statement of Financial Activities for the Year Ended 31st March 2022**
|**Cash flows from operating activities:**
**Net Cash provided by / (used in) operating activities**
**Cash Flows from investing activities:**
Payments to acquire tangible fixed assets
**Net cash provided by / (used in) investing activities**
**Cash and cash equivalents at the beginning of the reporting period**
**Cash and cash equivalents at the end of the reporting period**
**Net income / (expenditure) for the reporting period**
**Adjustments for:**
Depreciation
Decrease / (increase) in debtors
(Decrease) / increase in creditors
**Net cash provided by / (used in) operating activities**
**Analysis of cash and cash equivalents**
Cash at Bank
**Total cash and cash equivalents**|**Total**
**2022**
**Total**
**2021**
**£**
**£**
(29,771)
36,114
0
(1,290)|
|---|---|
||(29,771)
34,824
64,077
29,253|
||34,306
64,077|
||(10,424)
18,865
5,602
5,798
(25,314)
11,470
365
(19)|
||(29,771)
36,114|
||34,306
64,077|
||34,306
64,077|
8
**Didsbury Good Neighbours Notes to the Accounts**
**for the year ended 31 March 2022**
## **1 Accounting policies**
## _**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) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## _**Incoming resources**_
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 Trust 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 the provision of specified services it is deferred until the criteria for income recognition is met.
## _**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.
## _**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.
## _**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.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## _**Turnover**_
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
## _**Depreciation**_
Tangible fixed assets are measured at cost less accumulated depreciation and any accumutative impairment losses. Additions of a single item over £100 are capitalised at cost.
Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write of the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer equipment 33% straight line Fixtures, fittings and equipment 20% straight line
9
## **Didsbury Good Neighbours Notes to the Accounts for the year ended 31 March 2022**
## _**Investments**_
Investments in unquoted equity instruments are measured at fair value. Changes in fair value are recognised in profit or loss. Fair value is estimated by using a valuation technique.
## _**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.
## _**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.
## _**Creditors**_
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.
## _**Pensions**_
The charity operates a defined contribution pension scheme, making contributions to employer or personal pension schemes. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
- **2** _**Legal status of the Charity**_
The Charity is a company limited by guarantee 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 Trustee of the Charity.
|**3**
**Donations and legacies**
Grants
Donations
Covid services
**4**
**Investment income**
Bank interest receivable
**5**
**Incoming from charitable**
**activities**
Activity fees
Bankings
Charity sales|**Unrestricted**
**Restricted**
**£**
**£**
29,420
11,890
16,249
-
-
-
45,669
11,890
**Unrestricted**
**Restricted**
**£**
**£**
-
-
-
-
**Unrestricted**
**Restricted**
**£**
**£**
24,918
-
-
-
24,918
-|**Total 2022**
**£**
41,310
16,249
-
57,559
**Total 2022**
**£**
-
-
**Total 2022**
**£**
24,918
-
-
24,918|**Total 2021**
**£**
77,928
19,866
741|
|---|---|---|---|
||||98,535|
||||**Total 2021**
**£**
-|
||||-|
||||**Total 2021**
**£**
8,623
178|
||||8,801|
10
## **Didsbury Good Neighbours Notes to the Accounts**
**for the year ended 31 March 2022**
|**6**
**Other income**
Income from services
Lettings
Other trading income
Rental income
**7**
**Expenditure on raising funds**
Food Supplies
Cleaning
Utilities
**Charitable activities**
Materials for activities
Sessional leaders fees
Staff wages
Employer national insurance
Transport
Volunteer Expenses
**8**
**Other expenditure**
Accountancy fees
Merchant fees
Bad debts
Insurance
Printing, postage and stationery
Computer costs
Equipment expensed
Rent expense
Repairs and maintenance
Subscriptions and licences
Transfer of project funds DPCL
Staff pensions
Sundry
Telephone and internet
Depreciation|**Unrestricted**
**Restricted**
**£**
**£**
12,852
-
5,362
-
3,000
-
-
-
21,214
-
**Unrestricted**
**Restricted**
**£**
**£**
35
2,778
7,573
10,386
-
**Unrestricted**
**Restricted**
**£**
**£**
2,979
-
9,041
4,924
50,000
-
3,822
3,127
240
-
11,030
63,103
**Unrestricted**
**Restricted**
**£**
**£**
2,650
572
-
1,740
2,419
66
2,493
177
5,435
500
3,391
-
-
1,356
1,269
1,926
5,602
27,740
1,856|**Total 2022**
**£**
12,852
5,362
300
-
18,514
**Total 2022**
**£**
35
2,778
7,573
10,386
**Total 2022**
**£**
2,979
9,041
54,924
3,822
3,367
74,133
**Total 2022**
**£**
2,650
572
-
1,740
2,419
66
2,493
177
5,935
3,391
1,356
1,269
1,926
5,602
29,596|**Total 2021**
**£**
10,915
2,236
-
676|
|---|---|---|---|
||||13,827|
||||**Total 2021**
**£**
1,243
1,092|
||||2,335|
||||**Total 2021**
**£**
10,759
2,005
42,101
1,416
42
5,306|
||||61,629|
||||**Total 2021**
**£**
1,495
534
34
1,452
371
1,036
3,333
-
9,138
2,235
9,927
716
31
2,234
5,798|
||||38,334|
11
## **Didsbury Good Neighbours Notes to the Accounts**
## **for the year ended 31 March 2022**
|**9**
**Net incoming/ (outgoing) resources**
This is stated after charging:
Depreciation of owned fixed assets
Independent examiners fee
Other accountancy fees
**10 Staff costs**
Gross salaries and wages
Social security costs
Pension costs
**Average number of employees during the year**
Charitable activities
No employee received emoluments of more than £60,000 per annum.|**Total 2022**
**£**
3,367
-
2,650
**Total 2022**
**£**
54,924
3,822
1,356
60,102
**2022**
13.0
13.0|**Total 2021**
**£**
5,798
1,250
1,104|
|---|---|---|
|||**Total 2021**
**£**
42,101
1,416
716|
|||44,233|
|||**2021**
10.0|
|||10.0|
No employees had employee benefits in excess of £60,000
The charity trustees were not paid, nor received any other benefits from employment with the charity in the year, nor were they reimbursed expenses during the year. No charity trustee received payment for professional or other services supplied to the charity.
## **11 Grants**
Income from grants comprises grants made to fund projects in line with the charities objectives. See the 'analysis of charitable funds' note for more information regarding the amounts of these grants.
## **12 Tangible fixed assets**
|**Cost**
At 1 April 2021
Additions
Disposals
At 31 March 2022
**Depreciation**
At 1 April 2021
Charge for the year
On disposals
At 31 March 2022
**Net book value**
At 31 March 2022
At 31 March 2021|**£**
51,722
51,722
40,548
5,172
45,720
6,002
11,174
**Building**
**Improvement**|**Computers**
**and**
**Equipment**
**£**
5,420
5,420
4,560
430
4,990
430
860|**Total**
**£**
57,142
-
-|
|---|---|---|---|
||||57,142|
||||45,108
5,602
-|
||||50,710|
||||6,432|
||||12,034|
12
## **Didsbury Good Neighbours Notes to the Accounts for the year ended 31 March 2022**
## **13 Investments**
The company holds 100% of the voting rights in the following company:
|**Company**
**Voting Rights**
**Reserves**
Didsbury Pavillion Café Ltd
100%
Period to 31 March 2021
**14 Debtors**
Trade debtors
Prepayments and accrued income
Other debtors
**15 Creditors: amounts falling due within one year**
Accruals
Other creditors|**Total 2022**
**£**
400
367
26,218
26,985
**Total 2022**
**£**
1,710
365
2,075|**Profit (loss)**
**for the year**
**Total 2021**
**£**
1,290
381
-|
|---|---|---|
|||1,671|
|||**Total 2021**
**£**
1,710
-|
|||1,710|
## **16 Taxation**
The charity is exempt from tax on income and gains falling within S505 of the Income & Corporation Taxes Act 1988 (ICTA 1998) or S256 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.
|**17 **|**Fund movements**
Restricted funds
Unrestricted funds
General funds
Designated funds
**Total funds**|**At 1 April**
**2021**
**Incoming**
**resources**
**Outgoing**
**resources**
**£**
**£**
**£**
53,069
11,890
(64,959)
53,069
11,890
(64,959)
23,003
91,801
(49,156)
-
23,003
91,801
(49,156)
**76,072**
**103,691**
**(114,115)**|**Transfers**
**£**
-
-
-
-
**-**|**At 31 March**
**2022**
**£**
-|
|---|---|---|---|---|
|||||-
65,648
-|
|||||65,648|
|||||**65,648**|
13