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2023-03-31-accounts

Company registration number 07885159

Charity registration number 1145943

Didsbury Good Neighbours (A company limited by guarantee)

Trustees' Report and Financial Statements

31 March 2023

Didsbury Good Neighbours Trustees Report for the year ended 31 March 2023

Chairs report

Emerging from the pandemic we continued to make changes to our governance, designing a more resourceful and resilient organisation better placed to support our members through difficult times.

This year we have seen an increased demand for befriending and social activities as so many older people were experiencing loneliness. We recruited and trained additional befrienders and our volunteer team grew to over 100. We welcomed two new trustees to our board.

We reviewed all our group activities, re-designing a programme based around requests and feedback from members. Our aim is to focus on increasing the participation and involvement of members. We continue to focus our resources on the critical areas of health, especially mental health, wellbeing and loneliness.

Our focus this year has been on:

As we move out of 2022 we are planning the second stage of our transformation programme which will focus on our assurance and compliance frameworks, improving the quality, safety and use of our data.

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 2022 was more challenging than we had either hoped or expected with almost daily cost of living and power increases.

I once again 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 2023.

By order of the board of trustees Roger Tarling

Trustee

2

Didsbury Good Neighbours Independent examiners' report for the year ended 31 March 2023

I report on the unaudited accounts of Didsbury Good Neighbours for the year ended 31 March 2023 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:

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:

have not been met; or

Robert Newman Independent examiner Carter Collins & Myer Date: 23rd October 2023

Chichester House 2 Chichester Street Rochdale Lancashire OL16 2AX

3

Didsbury Good Neighbours Statement of financial activities for the year ended 31 March 2023

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
£
49,690
-
21,057
33,889
104,636
12,307
72,960
27,639
112,906
(8,270)
-
-
(8,270)
65,648
57,378
Restricted
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total 2023
£
49,690
-
21,057
33,889
104,636
12,307
72,960
27,639
112,906
(8,270)
-
-
(8,270)
65,648
57,378
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

The statement of financial activities includes all gains and losses in the year. All incoming resources and resources

4

Didsbury Good Neighbours Balance Sheet as at 31 March 2023

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
£
£
828
-
828
-
33,521
-
24,302
-
57,823
-
(1,273)
-
56,550
57,378
-
57,378
-
57,378
-
57,378
-
Total 2023
Total 2022
£
£
828
6,432
828
6,432
33,521
26,985
24,302
34,306
57,823
61,291
(1,273)
(2,075)
56,550
59,216
57,378
65,648
57,378
65,648
57,378
65,648
-
-
57,378
65,648

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 2023 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 October 2023

5

Didsbury Good Neighbours

Statement of Financial Activities for the Year Ended 31st March 2023

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
2023
Total
2022
£
£
(10,004)
(29,771)
-
-
(10,004)
(29,771)
34,306
64,077
24,302
34,306
(8,270)
(10,424)
5,604
5,602
(6,536)
(25,314)
(802)
365
(10,004)
(29,771)
24,302
34,306
24,302
34,306

6

Didsbury Good Neighbours Notes to the Accounts for the year ended 31 March 2023

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 Fixtures, fittings and equipment

33% straight line 20% straight line

7

Didsbury Good Neighbours Notes to the Accounts for the year ended 31 March 2023

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.

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
£
£
26,023
-
23,667
-
-
-
49,690
-
Unrestricted
Restricted
£
£
-
-
-
-
Unrestricted
Restricted
£
£
21,057
-
-
-
21,057
-
Total 2023
£
26,023
23,667
-
49,690
Total 2023
£
-
-
Total 2023
£
21,057
-
-
21,057
Total 2022
£
41,310
16,249
-
57,559
Total 2022
£
-
-
Total 2022
£
24,918
-
24,918

8

Didsbury Good Neighbours Notes to the Accounts

for the year ended 31 March 2023

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
£
£
18,573
-
13,276
-
2,040
-
-
-
33,889
-
Unrestricted
Restricted
£
£
877
-
2,388
-
9,042
-
12,307
-
Unrestricted
Restricted
£
£
3,013
-
11,163
-
54,008
-
4,161
-
615
-
-
-
72,960
-
Unrestricted
Restricted
£
£
1,872
-
85
-
-
-
2,220
-
3,245
-
-
-
819
-
-
-
6,781
-
3,140
-
-
-
1,300
-
-
-
2,573
-
5,604
-
27,639
-
Total 2023
£
18,573
13,276
2,040
-
33,889
Total 2023
£
877
2,388
9,042
12,307
Total 2023
£
3,013
11,163
54,008
4,161
615
-
72,960
Total 2023
£
1,872
85
-
2,220
3,245
-
819
-
6,781
3,140
1,300
-
2,573
5,604
27,639
Total 2022
£
12,852
5,362
3,000
-
21,214
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

9

Didsbury Good Neighbours Notes to the Accounts

for the year ended 31 March 2023

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 2023
£
5,604
-
1,872
Total 2023
£
54,008
4,161
1,300
59,469
2023
13.0
13.0
Total 2022
£
5,602
-
2,650
Total 2022
£
54,924
3,822
1,356
60,102
2022
13.0
13.0

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 2022
Additions
Disposals
At 31 March 2023
Depreciation
At 1 April 2022
Charge for the year
On disposals
At 31 March 2023
Net book value
At 31 March 2023
At 31 March 2022
£
51,722
-
-
51,722
45,720
5,174
-
50,894
828
6,002
Building
Improvement
Computers
and
Equipment
£
5,420
-
-
5,420
4,990
430
-
5,420
-
430
Total
£
57,142
-
-
57,142
50,710
5,604
-
56,314
828
6,432

10

Didsbury Good Neighbours Notes to the Accounts for the year ended 31 March 2023

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 2022
14 Debtors
Trade debtors
Prepayments and accrued income
Other debtors
15 Creditors: amounts falling due within one year
Accruals
Other creditors
Total 2023
£
120
403
32,998
33,521
Total 2023
£
1,324
(51)
1,273
Profit (loss)
for the year
Total 2022
£
400
367
26,218
26,985
Total 2022
£
1,710
365
2,075

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
2022
Incoming
resources
Outgoing
resources
£
£
£
-
-
-
-
-
-
65,648
104,636
(112,906)
-
65,648
104,636
(112,906)
65,648
104,636
(112,906)
Transfers
£
-
-
-
-
-
At 31 March
2023
£
-
-
57,378
-
57,378
57,378

11