Company registration number.. 07885159 Charity registration number.. 1145943 Didsbury Good Neighbours IA company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2025 The Moffatts Partnership LLP Suite 1.1, First Floor Jackson House Sibson Road Sale M33 7RR
Didsbury Good Neighbours Contents Reference and Administrative Details Trustees, Report 2to6 Statement of Trustees, Responsibilitie5 Independent Examiner's Report 8t09 Statement of Financial Activitie5 io Balance Sheet Ilto12 Notes to the Financial Statements 13to26
Didsbury Good Neighbours Reference and Administratlve Details Chalrman Margaret Anne Wright Trustees Mar8aret Anne Wright Mrs Eleanor Rose Cribb Ms Margaret Morgan, (resigned 14th October 20241 Mr Robert lan Mitchell, (resigned 3rd December 20251 Mr Steven Oliver, lappointed 29th January 20251 Mr Roland Paul Fox, Iresigned 24th July 20241 Claire Margaret Duffy, (appointed 3rd December 20251 M5 Anne Elizabeth Hlggins Secretary Charlty Registratlon Number 1145943 Company Reglstratlon Number 07885159 Regl$tered Offlce Gillbrook Road Did5bury Manchester M20 6WH Independent Examlner The Moffatts Partnership LLP Suite 1.1, First Floor Jackson House Sibson Road Sale M33 7RR Page I
Didsbury Good Neighbours Trustees, Report The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2025. Strurture, governan¢e and management Nuture of governing document Didsbury Good Neighbours is a company limited by guarantee governed by its Memorandum and Artlcles of Association dated 29th November 2011 and registered on the 16th December 2011. It was re8lstered as a charity wlth the Charity Commission on 16th February 2012. Recrultment and appolntment of trustees The trustees are elected on an annual basis, at the AGM one trustee was appointed during this period. New Trustees undertake an induction process and experienced, established Trustees are available to them for guidance and reference. Further details of the recruitment process and responsiblllties are avallable In the Memorandum and Articles of Association. Inductlon ond trolnlng of trustees New trustees will receive an on-boardinB pack of Information including the constitution, trustee terms of reference document, the latest annual report and statement of accounts, copies of minutes from recent board meetings, recent monthly board reports and other relevant information. Arrongementsfor settlng key monagementpersonnel remuneratlon Remuneration for key personnel is set by the board with amounts being reviewed annually. As per the Memorandum and Articles of Association, a director or a connected person may be employed by the Charity or engaged to provide servlces to the Charity provided the remuneration is properly proportionate to the value of the servlces provided and that a majorlty of the directors do not benefit in this way. Orqonlsotlonol structure The charity is managed by the board of trustees. The trustees meet on a regular basis, sets the strategic direction of the charity, agree an annual budget, and monitors performance agalnst the budget. The manager Jamle has been appointed by the trustees to manage the general day-to-day operations. Page 2
Dldsbury Good Nelghbours Trustees, Report Relationship5 With related parties Didsbury Pavilion Cafe Ltd A wholly owned tradin8 subsidiary of the Didsbury Good Neighbours charitv. Malor rlsks and management of those rlsk5 Generol Risk Policy The Trustees regularly review all areas of activities to identify risks to the charity and potential rlsk areas. The tru5tee5 have established appropriate levels of reporting and controls to mitigate both identified and potential risks. Objectlves and artlvltles Objects and alm5 The charlty's objects are speclfically restricted to the followin8'. To promote for the benefit of the inhabitants of Didsbury and surrounding areas any purposes which are exclusively charitable according to the laws of England and Wales and in particular but without limitation to provide services to those persons who are in need by reason of their sickness, age or disabilitv. Trustees revlew the strategy annually to meet the needs of members and to comply with the requirements of our major funder Imanchester City Council - OMVCSI Our mission is to enable older people in Didsbury and surrounding areas to lead independent and fulfilling lives, especially those in need due to physical or mental frailty, isolation or poverty. We do this by providing activities to support mental and physical wellbeing,. high quality befriending and sUPPOrt Services and by promotin8 social Inclusion. Fundrolslng dlsclosures Manchester City Council are our main funders with other grant 8ivln8 organisation contributing financially to our operations. Publlc beneflt Didsbury Good Nei8hbours is a public benefit entity. Didsbury Good Neighbours offer a variety of activitie5 focusing on health and wellbeing.. Summer Night Live Mu51C Film and Theatre nights Local Community interests Speakers on topics such as health and wellbeing, Friends of Didsbury Park meetings and providing a venue for other local community groups to meet. The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Page 3
Didsbury Good Neighbours Trustees, Report Soclol Investment policie5 Didsbury Good Neighbours has a range of activities meetings the needs of its members. The activities address identified needs of the local community in consultation with local NHS Care Teams, members and volunteers. Activities we provide to address this are.. Friendship and Memories Groups (Dementia) Men's Group Health Habits/Cost of Living Lunch Clubs A variety of tailored exercise classes Wellbeing activities to enhance physical and mental wellbeing IArt & Craft Groups, Film Club, Coffee Morning and Wellbeing Workshops) Visits to external venues (Manchester Museum & Lancashire County Cricket Clubl Gront moklng poll¢les We are not a grant makin8 body. Use of volunteers Didsbury Good Neighbours has access to 150+ volunteers who support members in a variety of roles ranging from Befrlender, Driver, supporting and running various activitie5. Appropriate training is provided as are regular celebrations to acknowledge and thank volunteers for their contributions. There are also regular get.togethers to enable volunteers to glve share feedback and make suggestions for improvements. Achlevements and perform4n¢e Every 6 months Oidsbury Good Neighbours submlt reports to the Board of Trustees showlng performance again objectives which are then shared with Manchester City Council IOMVCSI as required. Restatement of Prlor Perlods During the year ended 31st March 2025, the Trustees started to have concerns on the administratlon of transactions between the parent charity and its wholly owned subsidiary company Didsbury Pavilion Cafe Ltd. The Trustees approached both legal and accounting flrms to advise them on the current and past accounts that were published. It was established that previous financial statements did not give a true and fair view. The Trustees with advlce have strengthened the controls of the charity and restated the financial statements from 1st April 2023. The trustees recognise that this represented a governance failure, and upon identifying the Issues they concluded that the matter met the threshold for reporting to the Charity Commission. The above issues led to a delay in finalising and submission the financial statements 31st March 2025. The Trustees are confident that steps have been taken to strengthen the governance of the charity. Page 4
Didsbury Good Neighbours Trustees, Report Financial review Total incoming resources amounted to £120,947 12024.. £131,201) with unrestrlcted income of £119,822 and restricted income of £1,125. Total resources expended amounted to £131,72612024'. £130,966) with unrestricted expenditure of £130,601 and restricted expenditure of £1,125. The total net result for the year was an operating deficit of £I10,779112024.. £235 surplus). Total retained funds carried forward at the end of the year a mounted to £19,61112024.' £30,3891, all funds being unrestricted. Pollcy on reserves The trustees have set a reserves policy that targets a holding of unrestricted free reserves equal to at least 3 months of expenditure. The trustees recognise that any reserves will take time to build and hope to achieve this target over a 3-5 year period. Our reserves policy is reviewed annually to ensure that the levels held remain approprlate to the charity'5 needs and obligations. Funds In deflclt There are no funds In deflclt. Prlnclpolfundlng sources The principal source of funding is as follows.. Manchester Clty Council IOMVCSI National Lottery Fund Te5co StronBer Starts Plans for future perlods Alms and key obJectlve5forfvture perlods To continue to deliver our charitable objectives To consult with all Didsbury Good Neighbours Stakeholders To review demand and look at ways we can adapt Page S
Didsbury Good Neighbours Trustees, Report Management The seNice manager and the team work tlrelessly, and with enthusiasm, to ensure members and volunteers are supported. They a150 provide excellent support to Trustees so that they can carry out their role effectively and govern the or8anisation in a proactive wav. I would Ilke to thank my fellow Trustees for their ongoing support and the tirne and interest they 8ive to DGN. Everyone at DGN, whatever role they play, is committed to provide the best possible services we can to older local people in 2025. Credltor payment pollcv Invoices are paid in accordance with the requested payment terms. Golng concern The trustees are satisfied that the charlty remains a goin8 concern for a perlod In excess of twelve months. Small companle5 provlslon statement This report has been prepared in accordance with the small companies reglme under the Companies Act 2006. The annual report was approved by the trustees of the charity on 20 March 2026 and signed on Its behalf by.. Margaret Anne Wright Chairman and trust Page 6
Didsbury Good Neighbours Statement of Trustees, Responsibilities The trustees Iwho are also the directors of Did5bury Good Neighbours for the purpose5 of company lawl are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practicel, including FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relatin8 to small companies. Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statement5 unless they are satisfied that they 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 its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and apply them consistently,. observe the methods and principles in the Charities SORP,. make judgements and estimate5 that are reasonable and prudent,. state whether applicable accounting standard5, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements,. and prepare the financial statements on the going concern basls unless It is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any tlme the financial position of the charitable company a nd ena ble them to ensure that the financial statements comply wlth the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for takin8 reasonable steps for the preventlon and detection of fraud and other irre8ularltles, The trustees are responsible for the maintenance and integrity of the corporate and financial informatlon included on the charitable company's webslte. Legislation governin8 the preparation and dlsseminat5on of financlal statements may differ from legislation in otherjurisdictions. Approved by the trustees of the charity on 20 March 2026 and signed on its behalf by.. Margaret Anne Wright Chairman and trustee Page 7
Didsbury Good Neighbours Independent Examiner's Report to the trustees of Didsbury Good Neighbours ('the Company'} I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Responsibilitle5 and basis of report As the charlty's trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparatlon of the accounts in accordance with the requirements of the Companie5 Act 2006 I'the 2006 Act'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carrled out under section 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commisslon under section 14515llbl of the 2011 Act. Independent examlnerfs statement - matter of concern Identlfled I have completed my examination. I have identified matters of concern a5 Stated within the trustees report under the heading 'Restatement of Prior Periods, on page 4 as well as within the accountin8 policies note 2 on pa8e 14. I confirm that no other matters have come to my attentlon In connection with the examinatlon glvlng me reasonable cause to believe that in any material respect.. l. accountin8 records were not kept in respect of Didsbury Good Nei8hbours as required by section 386 of the 2006 Act,. or 2. the accounts do not accord with those records,. or 3. the accounts do not comply wlth the accounting requirements of section 396 of the 2006 Act other than anv requirement that the accounts give a 'true and falr view, whlch Is not a matter considered as part of an independent examination,. or 4. the accounts have not been prepared In accordance wlth the methods and prlnciples of the Statement of Recommended Practice for accountin8 and reporting by charities lapplicable to charities preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I confirm that there are no other matters to whlch your attentlon should be drawn to enable a proper understanding of the accounts to be reached. Page 8
Didsbury Good Nelghbours Independent Examiner's Report to the trustees of Didsbury Good Neighbours ('the Company'} Mrjoh Institu xon F.C f Chart d Accountants in England and Wales Suite .1, First Floor Jackson House Sibson Road Sale M33 7RR 20 March 2026 Page 9
Didsbury Good Neighbours Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestrlcted fund5 Restricted funds Total 2025 Total 2024 £ IA5 restated) Note Income and Endowments from: Donations and legacies Charitable activities 70,311 46,171 3,340 1,125 71,436 46,171 3,340 83,159 25,338 22,704 Other income Total income 119,822 1,125 120,947 131,201 Expendlture on: Raisin8 funds Charltable actlvltles 13,6881 1126,9131 13,6881 1128,0381 113,5111 1117,4551 11,1251 Total expendlture 1130,6011 11,1251 1131,7261 1130,9661 Net lexpenditurel/income 110,7791 110,7791 235 Net movement In funds 110,7791 110,7791 235 Reconc115atlon of funds Total funds brought forward 30,390 30,390 30,154 Total funds carrled forward 21 19,611 19,611 30,389 All of the charity's activities derive from continui nE operations durin8 the above two periods. The funds breakdown for 2024 is shown in note 21. The notes on pages 13 to 26 form an integral port of these financial statements. Page 10
Didsbury Good Neighbours {Registration number: 07885159) Balance Sheet as at 31 March 2025 2025 2024 £ (As restated) Note FSxed assets Tangible assets Investments 15 3,145 981 16 3,146 982 Current assets Debtors 17 9,762 9,601 13,700 17,031 Cash at bank and in hand 18 19,363 30,731 Creditor5: Amounts falllng due wlthln one year 19 12,8981 11,3241 Net current assets 16,465 29,407 Net a55ets 19,611 30,389 Funds of the charlty: Unrestrlcted Income funds Unrestricted funds 19,611 30,389 Total funds 21 19,611 30,389 For the financial year ending 31 March 2025 the charity was entitled to exemption from audit under sectSon 477 of the Companies Act 2006 relating to small companies. Directors, responslbllltles.. The member5 have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476- and The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accountin8 records and the preparation of accounts. These financial statements have been prepared in accordance with the special provisions relating to companies subjett to the small companies reglme wlthin Part 15 of the Companies Act 2006. The notes on pages 13 to 26 form an integral part of these financial statements. Page 11
Didsbury Good Neighbours (Registration number: 07885159) Balance Sheet as at 31 March 2025 The financial statement5 on pages 10 to 26 were approved by the trustees, and authorised for issue on 20 March 2026 and signed on their behalf by.. Margaret Anne Wright Chairman and trustee The notes on pages 13 to 26 form an integral part of these financial statements. Page 12
Didsbury Good Neighbours Notes to the Financial Statements for the Year Ended 31 March 2025 I Charity statu5 The charity is limited by guarantee, incorporated in , and consequently does not have share c3Pltal. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the chority in the event of liquidation. The address of its registered office is.. Gillbrook Road Didsbury Manchester M20 6WH These financial statements were authorised for issue by the trustees on 20 March 2026. 2 A¢¢ountln8 pollcles Summary of slgnlflcant accountlng pollcles and key accountlng estlmates The principal accounting policies applied in the preparation of these financial Statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. Statement of compllance The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice lapplicable to charities preparing their accounts in accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211 Ilssued in October 20191 Icharities SORP IFRS 10211, the Flnancial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Bas15 of preparatlon Didsbury Good Neighbours meets the deflnltlon of a public benefSt entlty under FRS 102. Assets and liabilitie5 are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. Goin8 concern The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity. Exemption from preparlng a ¢ash flow Statement The charity opted to early adopt Bulletin I published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements. Page 13
Didsbury Good Neighbours Notes to the Flnancial Statements for the Year Ended 31 March 2025 Prlor period errors As mentioned in the trustees report, the trustees identified that certain historic transactions between the parent charity and its wholly owned Subsidiary company Didsbury Pavilion Cafe Ltd had not been correctly dealt with in flnancial year5 ending 31st March 2021 and 31st March 2022. As part of rectifying these issues, all affected items were reviewed and corrected, resulting in a restatement of opening reserves as at l April 2023. The overall adjustment for the two financial years resulted in the below.. A reduction in donations received of £27,224 A reduction in the other debtor5 of £27,224 As a result of the review, there has also been a restatement In the flnancial year 31st March 2024 as follows.. An increase in donations received of £5,000 A Increase In other debtors of £5,000 Income and endowments All income is recognlsed once the charity has entitlement to the Sncome, It Is probable that the income wlll be received and the amount of the Income receivable can be measured reliably. Donotlons and leqocles Donations are recognised when the charity has been notlf led in writing of both the amount and settlement date. In the event that a donation is subject to condltions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditSons will be fulfilled in the reportin8 perlod. Grants re¢elvable Grants are reco8nised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions a re attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance Sheet as deferred income to be released. Expendlture All expenditure 15 recognised once there is a legal or constructive obligation to that expenditure, it Is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate Similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis con515tent with the use of resources, with Central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. All resources expended are inclusive of irrecoverable VAT. Page 14
Didsbury Good Neighbours Notes to the Financial Statements for the Year Ended 31 March 2025 Rolsingfund5 These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activitie5 that raise funds. Chorltoble artlvltles Charitable expenditure comprises those costs incurred by the charity In the delivery of its activities and services for its beneficiaries. It include5 both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Support costs Support costs include central functions and have been allocated to activity cost categories on a basis cons1Stent with the use of resources, for example, allocating property costs by floor areas, or per capita, Staff costs by the time spent and other costs by their usage. Governance costs These include the costs attributable to the charity's compliance with constitutional and statutory requirements, Includin8 audit, strate8ic management and trustees meetings and relmbursed expenses. Government grants Government grants are recognised based on the accrual model and are measured at the falr value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue re recognised in income over the period in which the related costs are recogni5ed. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset Is deferred, it is recognised as deferred income. Irrecoverable VAT Irrecoverable VAT is char8ed against the cate80ry of resources expended for whlch It was Incurred. Taxatlon The charity Is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity IS potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or 8aSns are applied exclusively to choritable purposes. Tanglble Ilxed a55ets Individual fixed assets costing £100.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Page 15
Dldsbury Good Neighbours Notes to the Financial Statements for the Year Ended 31 March 2025 Depretlatlon and amorti5ation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows.. A55et class 8uildi ng improvements Office Equipment Computer Equipment Depreciation method and rate 25% Reducing Balance 25% Reducing Balance 33% Reducing Balance Business comblnatlons 8usiness comblnations are accounted for under the purchase method. Where necessary, adjustments are made to the financial statements of subsidiaries to bring the accounting policies used into line with those used by the charity. All intra-group transactions, balances, income and expenses are eliminated on consolidation. In accordance with Section 35 of FRS 102, Section 19 of FRS 102 has not been applied in these financial statements sn respect of business combinatlons effected prior to the date of transition. Flxed 4$5et Inve5tmentS Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the dlfference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charBed or credlted to the Statement of Financial Activities in the perlod of disposal. Unrealised gains and losses represent the movement In market values durin8 the year and are credited or charged to the Statement of Financial Activities based on the market value at the year end. Trade debtors Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtor5 are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impa irment of trade debtors Is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Fund structure Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity. Page 16
Didsbury Good Neighbours Notes to the Financial Statements for the Year Ended 31 March 2025 Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the Financial statements. Restricted funds are funds which o re to be used in accordance with specific restrictions imposed by donors. The aim5 of the restricted funds are set out in the notes to the Financia5 statements. Penslons and other post retlrement obligation5 The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relatln8 to employee service in the current and prior periods. Contributions to defined contribution plan5 are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment. Flnancial Instruments Clusslflcatlon Financial assets and financial liabilities are reco8nised when the charity becomes a party to the contractual provisions of the instrument. Financial liabilitie5 and equity instruments are classlfied according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a resldual interest in the assets of the charity after deducting all of its liabilities. Recognltlon ond meosurement All flnancial assets and1SabSlltles are Initially measured at transaction price lincludSng transaction costs), except for those financial asset5 cla55ified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a fina ncing transaction. If an arra ngement constitutes a financing transaction, the financial asset or financial liabilitv Is measured at the present value of the future payments discounted at a market rate of interest for o similar debt Instrument. Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable rlght to set off the recognised amounts and the charity Intends either to settle on a net basis, or to realise the asset and settle the liability Simultaneously. Financial assets are derecognised when and only when al the contractual rights to the cash flows from the financial asset expire or are Settled, bl the charity transfer5 to another party substantially all of the risks and rewards of ownership of the financial asset, or cl the charity, desplte having retained some, but not all, significant risks and reward5 of ownership, has transferred control of the asset to another party. Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires. Page 17
Didsbury Good Neighbours Notes to the Financlal Statements for the Year Ended 31 March 2025 3 Income from donatlons and legacles Unrestrlcted funds General Restrlcted funds Total 2025 Total 2024 £ {As restated) Donations and le8acles,' Donations from individuals Grants, Sncludin8 capital grants,. Government grants Grants from other charities 1,036 1,036 28,820 45,367 23,908 45,367 25,033 40,799 13,540 1,125 70,311 1,125 71,436 83,159 4 Income from charltable actlvltles Unrestrlcted funds General Total 2025 Total 2024 ActlvSty Fees Project Income 44,671 1,500 44,671 1,500 25,338 46,171 46,171 25,338 5 Other Income Unrestrlcted funds General Total 2025 Total 2024 Fees and supplies Rental income 300 300 9,639 13,065 1,986 1,054 1,986 1,054 Other trading income 3,340 3,340 22,704 Page 18
Didsbury Good Neighbours Notes to the Financial Statements for the Year Ended 31 March 2025 6 Expenditure on raising funds al Costs of generating donations and legacies Total 2025 Total 2024 Dlrect C05t5 Costs of generatinB donation5 and legacie5 3,688 3,688 13,511 7 Expendlture on ¢harltable a¢tlvltles Unrestrlcted funds General Total 2025 Total 2024 Materlals for activites Sessional leaders fees Staff wages Trainin8 Costs Transport 4,711 18,462 80,739 240 4,711 18,462 80,739 240 94 2,860 10,869 74,030 94 769 104,246 104,246 88,528 In addition to the expenditure ana lysed above, there are a150 governance costs of £4,696 12024 £3,778) which relate directly to charitable activities. See note 8 for further details. Page 19
Didsbury Good Neighbours Notes to the Financial Statements for the Year Ended 31 March 2025 8 Analysls of governance and 5UPPOrt costs Charltable actlvltles expendlture Unre5trlcted funds General Other Total 2025 Total 2024 Accountancy Fees Merchant Fees 3,696 41 3,696 41 3,778 349 Insurance 2,095 236 2,095 236 1,963 3,446 4,563 2,911 4,585 3,325 200 Printing, Postage and Statlonary Equipment expensed Repairs and maintenance Subscriptions and licenses Transfer of project funds DPCL Sundry Telephone and internet Depreciation Staff Entertainment 1,120 4,002 3,937 401 1,120 4,002 3,937 1,526 233 1,125 233 1,753 1,271 2,987 805 90 1,753 1,271 2,987 805 90 3,481 326 Volunteer Expenses Donatlons 22,667 1,125 23,792 28,927 Governance costs Unrestr5cted funds General Total 2025 Total 2024 Independent examiner fees Examination of the financial statements Other fees paid to examiners Depreciation, amortisation and other slmilar costs 1,080 2,616 1,000 1,080 2,616 1,000 1,324 2,454 4,696 4,696 3,778 Page 20
Didsbury Good Nelghbours Notes to the Flnancial Statements for the Year Ended 31 March 2025 9 Government grant5 Grants have been received to help towards the contribution of core staff costs. The amount of grants reco8nlsed In the flnanclal statements was £45,36712024 - £40,799). 10 Net In¢omln8loutgolng resources Net loutgoingllincoming resources for the year Include.. 2025 2024 Depreciation of fixed asset5 Accountancy Fee5 1,271 3,696 326 3,778 11 Trustees remuneratlon and expenses No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. 12 Staff costs The a88regate payroll costs were as follows.. 2025 2024 Staff costs durln8 the year were: Wages ènd salaries Social security costs Pension costs 74,263 4,666 1,810 67,617 4,678 1,735 80,739 74,030 Page 21
Didsbury Good Neighbours Notes to the Financlal Statements for the Year Ended 31 March 2025 The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows.. 2025 No 2024 No Avera8e Employees 13 No employee received emoluments of more than £60,000 during the year. 13 Independent examlnef's remuneratlon 2025 2024 Examination of the financial statements 1,080 1,324 Other fees to examlners All other services 2,616 2,454 14 Taxatlon The charity is a registered charity and is therefore exempt from taxation. 15 Tanglble flxed assets Land and buildlngs Furnlture and equlpment Total C05t At l April 2024 Additions 51,722 5,899 3,434 57,621 3,434 At 31 March 2025 51,722 9,333 61,055 Depreclatlon At l April 2024 Charge for the year 51,060 166 5,579 1,105 56,639 1,271 At 31 March 2025 51,226 6,684 57,910 Net book value At 31 March 2025 496 2,649 3,145 At 31 March 2024 662 320 982 Page 22
Dldsbury Good Neighbours Notes to the Financial Statements for the Year Ended 31 March 2025 16 Flxed asset Investments 2025 2024 £ (As restated} Shares in group undertakings and participating interests Shares In group undertaklngs and partlclpatln8 Interests 5ubsldlary undertaklngs Total Cost At l April 2024 At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 Detalls of undertaklngs Details of the investments in which the charity holds 20% or more of the nominal value of any class of share capltal are as follows.. Country of Incorporatlon Proportlon of votln8 rlghts and shares held Prln¢lpal actlvlty Undertaklng Holdln8 2025 2024 Subsldlary undertaklngs Didsbury Pavillon Cafe Ltd England & Wales loo% loo% Cafe 5ubsSdlarles The 1055 for the financial period of Did5bury Pavilion Cafe Ltd was £13,426 12024 £20,346) and the aB8re8ate amount of capital and reserves at the end of the period was £13,664112024 - £9,7641. The charity is the sole member of the subsidiary, a company limited by guarantee and therefore has no share capital. The investment is stated at cost of £1. Page 23
Didsbury Good Neighbours Notes to the FinancSal Statements for the Year Ended 31 March 2025 17 Debtors 2025 2024 £ (As restatèd) 4,570 403 Trade debtors 570 Prepayments Other debtors 169 9,023 8,727 9,762 13,700 18 Cash and cash equlvalents 2025 2024 Cash on hand 250 9,351 Cash at bank 17,031 9,601 17,031 19 Credltors: amounts fallln8 due wlthln one year 2025 2024 Other taxation and social securlty Other creditors 47 259 Accruals 2,592 1,324 2,898 1,324 20 Penslon and other s¢hÈmes Deflned contrlbutlon penslon scheme The charity operates a defined contribution pension scheme. The penslon cost charge for the year represents contributions payable by the charity to the scheme and amounted to £1,81012024 - £1,735). Page 24
Didsbury Good Neighbours Notes to the Financial Statements for the Year Ended 31 March 2025 21 Funds Balance at I Aprll 2024 Incomlng resources Resources expended Balance at 31 March 2025 Unrestrlcted funds General General Funds 30,390 119,822 1130,6011 19,611 Re5trScted funds Te5co Stronger Starts 1,125 11,1251 Total funds 30,390 120,947 1131,7261 19,611 Balance at I Aprll 2023 Incomlng resources Resources expended Balance at 31 March 2024 Unrestrlcted funds General General Funds 30,154 131,201 1130,9661 30,389 The 5peciflc purpose5 for which the funds are to be applied are as follows.. Tesco Stronger Starts grant was received specifically for a project for a sustainable vegatable garden to support Dementia and the environment. Page 25
Didsbury Good Nelghbours Notes to the Financial Statements for the Year Ended 31 March 2025 22 Analysls of net assets between funds Unrestrlcted funds General Total funds at 31 March 2025 Tangible fixed assets Fixed asset investments 3,145 3,145 Current assets 19,363 12,8981 19,363 12,8981 Current liabilities Total net assets 19,611 19,611 Unrestrlcted funds General Total funds at 31 March 2024 Tan8lble fSxed assets Fixed asset investments 981 981 Current assets 30,731 11,3241 30,731 11,3241 Current liabilities Total net a55ets 30,389 30,389 23 Related party transa¢tlons During the year the charity made the following related party transactions.. Didsbury Pavllllon Cafe Ltd IIOO% wholly owned trading subsidiary of the charity) The loan is interest free and repayable on demand. The Cafe has recently had a change in the board of directors and financial management team, who have since Implemented new measures and will review the financial posltion of the cafe's ability to repay the loan going forward. As at the date of the signed accounts the directors believe there 15 a viable way Boing forward to repay the loan.. At the balance sheet date the amount due from Didsbury Pavillion Cafe Ltd was £9,02412024 - £10,774). Page 26