Company registration number 07885159
Charity registration number 1145943
Didsbury Good Neighbours (A company limited by guarantee)
Trustees' Report and Financial Statements
31 March 2024
Didsbury Good Neighbours Trustees Report for the year ended 31 March 2024
Chairs report
This year has seen a continuing need for our services and we provide a range of them to suit the needs and wishes of our members. Our success has been due, in no small part, to the enthusiasm and expertise of Sue Thurston,Chair and Roger Tarling, Secretary who both stood down from the Board of Trustees at the AGM in November 2023.
Loneliness, mental health and wellbeing continue to be a critical element of our services and a number of initiatives directly focus on them. However other activities such as lunch club also address some of these issues facing our members.
Chair yoga has been so successful that we have now 2 sessions a week targeting slightly different requirements for movement and strength.
Digital Inclusion continues to help and support members in lots of ways including how to avoid being taken in by scams which are continuing to proliferate. Helping people to access online services is an important part of this project.
We have a training programme which enables volunteers to be fully effective in their interaction with members. This programme also gives assurance to Trustees that our volunteers are aware of their responsbilities from a legal perspective and that Trustees are confident that services are being delivered in an appropriate way.
The service manager and the team work tirelessly to bring services to members and support volunteers and Trustees. The Board want to thank them for their hard work.
I would also like to thank my fellow Trustees for their support since I took on the role of Chair in November 2023.
We will continue to provide the best services we can to older local people in 2024.
By order of the board of trustees 19th September 2024
M A Wright
Chair of Trustees
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Didsbury Good Neighbours Independent examiners' report for the year ended 31 March 2024
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:
-
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: 19th December 2024
Chichester House 2 Chichester Street Rochdale Lancashire OL16 2AX
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Didsbury Good Neighbours Statement of financial activities for the year ended 31 March 2024
| 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 £ 78,159 - 25,338 22,704 126,201 13,511 86,793 30,662 130,966 (4,765) - - (4,765) 57,378 52,613 |
Restricted £ - - - - - - - - - - - - - - - |
Total 2024 £ 78,159 - 25,338 22,704 126,201 13,511 86,793 30,662 130,966 (4,765) - - (4,765) 57,378 52,613 |
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 |
The statement of financial activities includes all gains and losses in the year. All incoming resources and resources
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Didsbury Good Neighbours Balance Sheet as at 31 March 2024
| 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 £ £ 981 - 981 - 35,925 - 17,031 - 52,956 - (1,324) - 51,632 52,613 - 52,613 - 52,613 - 52,613 - |
Total 2024 Total 2023 £ £ 981 828 |
|---|---|---|
| 981 828 35,925 33,521 17,031 24,302 |
||
| 52,956 57,823 (1,324) (1,273) |
||
| 51,632 56,550 |
||
| 52,613 57,378 |
||
| 52,613 57,378 |
||
| 52,613 57,378 - - |
||
| 52,613 57,378 |
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.
M A Wright
Chair of Trustees
Approved by the board on 19th September 2024
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| Total | Total | |||
|---|---|---|---|---|
| 2024 | 2023 | |||
| £ | £ | |||
| Cash flows from operating activities: | ||||
| Net Cash provided by/ (used in) operating activities | (6,792) | (10,004) | ||
| Cash Flows from investing activities: | ||||
| Payments to acquire tangible fixed assets | - | 479 - |
- | |
| Net cash provided by / (used in) investing activities | (7,271) | (10,004) | ||
| Cash and cash equivalents at the beginning ofthe reporting period | 24,302 | 34,306 | ||
| Cash and cash equivalents at the end ofthe reporting period | 17,031 | 24,302 | ||
| Net income / (expenditure) forthe reporting period | (4,765) | (8,270) | ||
| Adjustments for: | ||||
| Depreciation | 326 | 5,604 | ||
| Decrease / (increase) in debtors | (2,404) | (6,536) | ||
| (Decrease) / increase in creditors | 51 | (802) | ||
| Net cash provided by / (used in) operating activities | (6,792) | (10,004) | ||
| Analysis ofcash and cash equivalents | ||||
| Cash at Bank | 17,031 | 24,302 | ||
| Totalcashandcashequivalents | 17,031 | 24,302 |
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Didsbury Good Neighbours Notes to the Accounts for the year ended 31 March 2024
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
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Didsbury Good Neighbours Notes to the Accounts for the year ended 31 March 2024
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 4 Investment income Bank interest receivable 5 Incoming from charitable activities Activity fees |
Unrestricted Restricted £ £ 54,339 - 23,820 - 78,159 - Unrestricted Restricted £ £ - - - - Unrestricted Restricted £ £ 25,338 - 25,338 - |
Total 2024 £ 54,339 23,820 78,159 Total 2024 £ - - Total 2024 £ 25,338 25,338 |
Total 2023 £ 26,023 23,667 |
|---|---|---|---|
| 49,690 | |||
| Total 2023 £ - |
|||
| - | |||
| Total 2023 £ 21,057 |
|||
| 21,057 |
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Didsbury Good Neighbours Notes to the Accounts
for the year ended 31 March 2024
| 6 Other income Income from services Lettings Other trading income 7 Expenditure on raising funds Food Supplies Cleaning Utilities Charitable activities Materials for activities Sessional leaders fees Staff wages Employer national insurance Transport 8 Other expenditure Accountancy fees Merchant fees Insurance Printing, postage and stationery Equipment expensed Repairs and maintenance Subscriptions and licences Transfer of project funds DPCL Staff pensions Sundry Telephone and internet Depreciation |
Unrestricted Restricted £ £ 9,639 - 13,065 - - - 22,704 - Unrestricted Restricted £ £ 378 - 2,074 - 11,059 - 13,511 - Unrestricted Restricted £ £ 2,860 - 10,869 - 67,617 - 4,678 - 769 - 86,793 - Unrestricted Restricted £ £ 3,778 - 349 - 1,963 - 3,446 - 4,563 - 2,911 - 4,585 - 3,325 - 1,735 - 200 - 3,481 - 326 - 30,662 - |
Total 2024 £ 9,639 13,065 - 22,704 Total 2024 £ 378 2,074 11,059 13,511 Total 2024 £ 2,860 10,869 67,617 4,678 769 86,793 Total 2024 £ 3,778 349 1,963 3,446 4,563 2,911 4,585 3,325 1,735 200 3,481 326 30,662 |
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 |
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Didsbury Good Neighbours Notes to the Accounts for the year ended 31 March 2024
| 9 Net incoming/ (outgoing) resources This is stated after charging: Depreciation of owned fixed assets 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 2024 £ 326 3,778 Total 2024 £ 67,617 4,678 1,735 74,030 2024 13.0 13.0 |
Total 2023 £ 5,604 1,872 |
|---|---|---|
| Total 2023 £ 54,008 4,161 1,300 |
||
| 59,469 | ||
| 2023 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 50,894 166 - 51,060 662 828 Building Improvement |
Computers and Equipment £ 5,420 479 - 5,899 5,420 160 - 5,580 319 - |
Total £ 57,142 479 - |
|---|---|---|---|
| 57,621 | |||
| 56,314 326 - |
|||
| 56,640 | |||
| 981 | |||
| 828 |
10
Didsbury Good Neighbours Notes to the Accounts for the year ended 31 March 2024
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 2024 14 Debtors Trade debtors Prepayments and accrued income Other debtors 15 Creditors: amounts falling due within one year Accruals Other creditors |
Total 2024 £ 4,570 403 30,952 35,925 Total 2024 £ 1,324 - 1,324 |
Profit (loss) for the year Total 2023 £ 120 403 32,998 |
|---|---|---|
| 33,521 | ||
| Total 2023 £ 1,324 (51) |
||
| 1,273 |
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 2023 Incoming resources Outgoing resources £ £ £ - - - - - - 57,378 126,201 (130,966) - 57,378 126,201 (130,966) 57,378 126,201 (130,966) |
Transfers £ - - - - - |
At 31 March 2024 £ - |
|---|---|---|---|---|
| - 52,613 - |
||||
| 52,613 | ||||
| 52,613 |
11