## ## ||||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)|||| ||||||IG CII
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Gl~ o| ||LL,|N|||||||||| ## ## ## |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.||||||