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2023-03-31-accounts

Page
Legal and administrative
information
Trustees' report 2-6
Statement oftrustees' responsibilities
Independent
auditor's		 report 8-10
Statement offinancial activities 11-12
Balance sheet 13
Statement of cash flows 14
Notes to the financial statements 15-26

Trustees Mr BBissell
Mrs PALeck
Miss JW Westbrook
MrJ McGahan
Mrs SPreece
Dr LTaylor
Mrs V Egan
Mrs E M Wooding
Senior Nlanagernent Team Mrs Rosaleen Charles, Registered Manager
Ms Kate Nicholson, Business Manager
Mr Thomas
Linnane,		 Deputy Manager
Ms Heather
Unwin,		 Operations Manager
Mr Conor Nellis, Kitchen Manager
Mrs Pamela Jones, Receptionist
Charity number 1146488
Company number 07125607
Registered office Hillbrook Grange
Ack Lane East
Bramhall
Stockport
Cheshire
UK
SK72BY
Auditor Xeinadin Audit Limited
Riverside House, Kings Reach Business Park
Yew Street
Stockport
Cheshire
United
Kingdom
SK42HD
Bankers Co-operative
Bank
St Pauls House
10Warwick Lane
London
EC4M 7BP
Investment advisors Investec Wealth and Investment Limited
30 Gresham Street
London
EC2V 7QN

Current financial year
Unrestricted Unrestricted Total Total
funds funds
designated
Notes 2023 2023 2023f 2022
Income and endowments from:
Income from donations,
Chari'.able activities
Investment
income
Other income		 legacies and grants 730
1,490,131
48,935
23		 730
1,490,131
48,935
23		 86„818
1,241,549
15,935
50
Total income 1,539,819 1,539,819 1,344,352
~Ex enditure on:
Raising funds 3,935 3,935 3,439
Charitable
activities		 7 1,695,367 1,695,367 1,617,720
Total expenditure 1,699,302 1,699,302 1,621,159
Net profit/(Inss)
on disposal of land
Net gains/(losses)
on investments		 1,396,700
(30,861)		 1,396,700
(30,861)		 1,738,600
36,291
Net incoming resources before transfers 1,206,356 1,206,356 1,498,084
Gross transfers
bebveen		 funds (3,500,000) 3,500,000
Net movement
in funds		 (2,293,644) 3,500,000 1,206,356 1,498,084
Fund balances at 1 April 2022 5,362,206 5,362,206 3,864,122
Fund balances at 31March 2023 3,068,562 3,500,000 6,568,562 5,362,206

Prior financial year Prior financial year
Unrestricted Restricted Total
funds funds
2022 2022 2022
Notes E
Income and endowments from."
Income from donations, legacies and grants 9,929 76,889 86,818
Charitable
activities		 1,241,549 1,241,549
Investment
income		 15,935 15,935
Other income 50 50
Total income 1,267,463 76,889 1,344,352
~Bc enditure on:
Raisino funds 3,439 3,439
Charitable
activities		 1,524,677 93,043 1,617,720
Total expenditure 1,528,116 93,043 1,621,159
Net profit/(loss)
on		 disposal of land 1,738,600 1,738,600
Net gains/(losses) on investments 36,291 36,291
Net incoming
resources		 before transfers 1,514,238 (16,154) 1,498,084
Net movement
in		 funds 1,514,238 (16,154) 1,498,084
Fund balances at 1April 2021 3,847,968 16,154 3,864,122
Fund balances at 31March 2022 5,362,206 5,362,206

2023 22
Notes f
Cash flows from operating
activities
Cash absorbed
by operations		 24 (1,523,862) (273,411)
Investing activities
Purchase
Proceeds		 oftangible fixed assets
on disposal oftangible fixed		 assets (40,393) (8,202)
2,033,000
Proceeds on disposal of investment
property		 1,396,700
Purchase ofother investments (1,977,060)
Proceeds on disposal ofother investments 94,959 228,430
Investment income received 48,935 15,935
Net cash generated
from investing
activities 1,500,201 292,103
Net cash used in financing
activities
Net (decrease)/increase
in cash and		 cash
equivalents (23,661) 18,692
Cash and cash equivalents
at beginning		 ofyear 41,010 22,348
Cash and cash equivalents
at end ofyear		 17,349 41,010
The notes on pages 15to 26 form part ofthese financial statements.

Unrestricted Unrestricted
funds funds
2023 2022f
Other income from fixed asset investments 48,935 15,935
5 Other income
Unrestricted nrestricted
funds funds
2023 2022f
Other income 23 50
6 Raising funds
Unrestricted Unrestricted
funds funds
2023 2022
E
Investment management;
Other portfolio management costs 3,935 3,439
3,935 3,439

Charitable Charitable
Expenditure Expenditure
2023 2022
Staff costs 1,146,982 1,057,792
Depreciation
and impairment
Purchases
Staff training
Rent and rates
E!ectricihg
Gas		 81,425
70,266
6,176
20,116
37,253
58,157		 87,971
73,945
4,840
19,278
22,589
25,386
Repairs and maintenance 106,751 78,499
Advertising 5,520 7,139
Bank charges 2,332 1,585
Travel expenses 395 305
1,535,373 1,379,329
Share ofsupport costs (see note 8) 129,674 211,504
Share ofgovernance costs (see note 8) 30,320 26,887
1,695,367 1,617,720
Analysis
by fund
Unrestricted
funds		 1,695,367 1,524,677
Restricted funds 93,043

8 Support costs
Support
costs		 Governance
costs		 2023 Support
costs		 Governance
costs		 2022
Staff costs
Establishment
cost
Office expenses
Printing,
postage and		 18,003
660		 4,635 4,635
18,003
660		 16,953
4,755		 3,854 3,854
16,953
4,755
stationery
Subscriptions
Cleaning
Leaal and professional		 9,265
8,374
22,195		 9,265
8,374
22,195		 5,844
8,812
20,010		 5,844
8,812
20,010
costs 71,177 17,585 88,762 155,130 16,036 171,166
Audit fees 8,100 8,100 6,997 6,997
129,674 30,320 159,994 211,504 26,887 238,391
Analysed
between
Charitable
activities		 129,674 30,320 159,994 211,504 26,887 238,391
9 Net movement
in funds		 2023 2022
p F
Net movement
in funds is stated after charging/(crediting)
Depreciation
ofowned tangible		 fixed assets 81,425 87,971
Profit on disposal of land (1,396,700) (1,738,600)
0 Auditor's
remuneration
Fees payable to the charity's auditor and associates: 2023 2022
Audit ofthe charity's
annual accounts		 8,100 6,997
Non-audi't
services
Ail other non-audit
services		 15,840 30,548

The a~!erage monthly number ofemployees during the year was:
2023 2022
Number Number
Charitable
activities		 53 49
Employment
costs		 2023 2022
Wages and saladies
Social security costs
Pension costs
Other staff costs		 1,070,404
61,255
19,958
42		 990,552
53,520
17,574
42
1,151,659 1,061,688

Tangible fix ed asset s
Freehold land Furniture
and		 Total
and buildings equipment
F
Cost
At 1 April 2022 3,348,968 409,308 3,758,276
Additions 40,393 40,393
At 31 March 2023 3,348,968 449,701 3,798,669
Depreciation and impairment
At 1 April 2022 465,984 281,657 747,641
Depreciation charged in the year 51,456 29,969 81,425
At 31 March 2023 517,440 311,626 829,066
Carrying
amount
At 31 March 2023 2,831,528 138,075 2,969,603
At 31 March 2022 2,882,984 127,650 3,010,634

Listed Cash in Total
investments portfolio
Cost or valuation
At 1 April 2022
Valuation
changes
Disposals		 2,356,316
(25,815)
(90,878)		 7,019
(4,081)		 2,363,335
(29,896)
(90,878)
At 31 March 2023 2,239,623 2,938 2,242,561
Carrying
amount
At 31 March 2023 2,239,623 2,938 2,242,561
At 31 March 2022 2,356,316 7,019 2,363,335
16 Stocks
2023 2022f
Finished goods and goods for resale 150 150
17 Debtors
2023 2022
Amounts
falling due within one year:		 f.
Trade debtors
Other debtors		 57,625
1,396,700		 12,253
222
Prepayrnents and accrued income 39,610 24,660
1,493,935 37,135

18 Creditors: amounts
falling due		 within one year within one year
2023f 2022f
Trade creditors
Other taxation and social security
Other creditors
AccruaL~ and deferred
income		 64,126
19,879
4,850
66,181		 67,946
12,438
4,197
5,477
155,036 90,058
19 Retirement
benefit schemes
Defined contribution
schemes
The charity operates a defined
contribution
pension scheme. The pension cost charge for the ye
represents
contributions
payable
by the charity to the scheme and amounted
tof19,958 (2022-		 r
 17,574).

Movement in funds Movement
in funds
1 Balance at
April 2021
f		 Incoming
resources
f		 Resources
expended		 Balance at
1April 2022f		 Incoming
resourcesf		 Balance at
31 INarch 2023f
General 16,154 76,889 (93,043)
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Analysis of net assets between funds
Unrestricted Designated Total Unrestricted Restricte Total
funds funds funds fund
2023 2023 2023 2022 202 2022
F
Fund balances at 31
March 2023 are
represented by:
Tangible assets
Investments
Current assets/(liabilities)		 2,969,603
2,242,561
1,356,398		 2,969,603
2,242,561
1,356,398		 3,010,634
2,363,335
(11,763)		 3,010,634
2,363,335
(11,763)
6,568,562 6,568,562 5,362,206 5,362,206

services totaling 8115,200 payable over the next two y ears.
24 Cash generated
from operations		 2023f 2022
Surplus for the year 1,206,356 1,498,084
Adjustments
for
Investment
income recognised
in statement
offinancial
Gain on disposal of investment
property
Fair value gains and losses on investments
Depreciation
and impairment
oftangible
fixed assets		 activities (48,935)
(1,396,700)
25,814
81,425		 (15,935)
(1,738,600)
(37,555)
87,971
Movements
in working
capital:
(increase)
in debtors
Increase/(decrease)
in creditors		 (1,456,800)
64,978		 (17,994)
(49,412)
Cash absorbed
by operations		 (1,523,862) (273,441)
25 Analysis ofchanges
in net funds
The charity had no debt during the year.