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|CONTENTS|||PAGES|
|Reference and administrative||details||
|Report ofthe|trustees||3-13|
|Independent|Auditor's
report|to the members|14-17|
|Statement
of|financial activities|||
|Balance sheet|||19|
|Statement of|cash flows||20|
|Notes to the financial statements|||21-38|
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2021|2020|
||||Note|f|||f|
|INCOME||||||||
|Donations
and Legacies|||3a|165,550|145,998|311,548|408,771|
|Income from Charitable|activities||3b|509,099||509,099|409,237|
|Income from Other trading||activities|3c|2,502||2,502|3,015|
|Investment
Income|||3d|281||281|549|
|Separate material
item|ofincome||3e|517,428||517,428|654,070|
|TOTAL INCOME||||1,194,860|145,998|1,340,858|1,475,642|
|EXPENDITURE||||||||
|Raising Funds|||4a||||6,861|
|Charitable
Activities|||4b|917,875|185,219|1,103,094|1,094,492|
|Separate material expense item|||4c||||4,840|
|TOTAL EXPENDITURE||||917,875|185,219|1,103,094|1,106,193|
|Net Income / (Expenditure)
Investment
gains||before||276,985|(39,221)|237,764|369,450|
|Net gains on investments||||699,389||699,389|54,240|
|NET INCOME / (EXPENDITURE)||||976,374|(39,221)|937,153|423,689|
|NET INCOME / (EXPENDITURE)||||||||
|BEFORETRANSFERS||||976,374|(39,221)|937,153|423,689|
|Transfers
between
funds||||14,146|(14,146)|||
|NET MOVEMENT
IN FUNDS||||990,520|(53,367)|937,153|423,689|
|Total Funds Brought Forward||||2,054,566|133,476|2,188,042|1,764,353|
|TOTAL FUNDS CARRIED|FORWARD|||3,045,086|80,109|3,125,195|2,188,042|
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||||2021|2020|
|---|---|---|---|---|
|||Note||E|
|FIXEDASSETS|||||
|Tangible fixed assets||10|133,315|172,854|
|Investments||11|2,680,000|1,846,887|
|Total Fixed assets|||2,813,315|2,019,741|
|CURRENT ASSETS|||||
|Stocks||12|14,642|11323|
|Debtors||13|129,481|62,755|
|Cash at bank and in hand||14|277,445|199,150|
|Total current assets|||421,568|273,228|
|CREDITORS: Amounts|falling due||||
|within one year||15|(109,688)|(104,927)|
|NET CURRENT ASSETS|||311,880|168,301|
|TOTAL ASSETS LESSCURRENT LIABILITIES|||3,125,195|2,188,042|
|CREDITORS: Amounts|falling due||||
|after more than one year|||||
|TOTAL NET ASSETS|||3,125,195|2,188,042|
|FUNDS OF THE CHARITY|||||
|Restricted
Income Funds||16a|80,109|133,476|
|Unrestricted
Funds||16b|3,045,086|2,054,566|
|TOTAL FUNDS|||3,125,195|2,188,042|
##
|||Note|2021|2020|
|---|---|---|---|---|
|Cash flows from operating
activities|||f|E|
|Net movement
in funds|||937,153|423,689|
|Adjustments
to cash flows from non-cash||items|||
|Depreciation|||47,060|42,001|
|(Profit) / Loss on disposal oftangible|fixed|assets|1,337|(1,438)|
|Investment
income||3d|(281)|(549)|
|Disposal ofTangible
Fixed Assets||10|2,817||
|Disposal of Intangible
Fixed Assets||9||(62)|
|Revaluation
of investments||11|(699,389)|(54,240)|
||||288,697|409,401|
|Working capital adjustments|||||
|(Increase)
in stocks||12|(3,319)|41,287|
|Decrease /(Increase)
in debtors||13|(66,727)|18,649|
|(Decrease) / Increase
in creditors|||8,400|34,040|
|Increase
in deferred
income||15|(3,638)|4,137|
|Net cash flows from operating
activities|||223,413|507,514|
|Cash flows from investing
activities|||||
|Interest receivable and similar income||3d|281|549|
|Proceeds from sale oftangible
fixed|assets||(1,337)|1,438|
|Purchase of intangible
fixed assets||9||582|
|Purchase oftangible
fixed assets||10|(10,338)|(171,117)|
|Purchase ofinvestments||11|(133,724)|(514,092)|
|Net cash flows from investing
activities|||(145,118)|(682,640)|
|Cash flows from financing activities|||||
|Repayment
ofloans and borrowings||||(75,000)|
|Net cash flows from financing
activities||||(75,000)|
|Net Increase / (decrease)
in cash and|cash|equivalents|78,295|(250,126)|
|Cash and cash equivalents
at 1September|||199,150|449,276|
|Cash and cash equivalents
at 31August||14|277,445|199,150|
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|||||Unrestricted|Restricted||Unrestri cted|Restricted||
|---|---|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Total|Funds|Funds|Total|
|||||Total|Total|2021|Total|Total|2020|
||||||f|f|f|E|E|
|3a Donations
and Legacies||||||||||
|Gifts Individuals||||70,407|23,656|94,063|92,939|33,103|126,042|
|Gifts via Stewardship/CAF||||5,161|750|5,911|6,110|20,500|26,610|
|Gifts Churches,|Ministries||&Business|720|24,110|24,830|5,949|12,140|18,089|
|Gifts Trusts &Foundations||||208|22,380|22,588|7,110|41,380|48,490|
|Government
Grants||||72,117|21,332|93,449|120,481|34,760|155,241|
|Gift Aid||||8,509|4,066|12,575|15,259|7,061|22,320|
|Gifts in Kind||||2,480||2,480|170||170|
|Grants||||5,833|35,000|40,833|7,267|2,000|9,267|
|Sponsored
Events||||115|558|673|1,769|773|2,542|
|Legacies|||||14,146|14,146||||
|||||165,550|145,998|311,548|257,054|151,717|408,771|
|3b Income from|Charitable||Activities|||||||
|Business Enterprises||||198,828||198,828|190,261||190,261|
|Rental Income||||201,963||201,963|131,612||131,612|
|Eventlncome||||4,385||4,385|20,407||20,407|
|Sundry income||||103,923||103,923|66,957||66,957|
|||||509,099||509,099|409,237||409,237|
|3cIncome from|Other|trading activities||||||||
|Training Sales|||||||(257)||(257)|
|Fundraising
Events||||40||40|749|100|849|
|Sundry Income||||2,462||2,462|2,423||2,423|
|||||2,502||2,502|2,915||3,015|
|3d Investment
Income||||||||||
|Bank Interest Received||||281||281|549||549|
|||||281|||549||549|
|3eSeparate Material||Item|of Income|||||||
|Donation from The Message Trust||||517,428||517,428|654,070||654,070|
|||||517,428||517,428|654,070||654,070|
|TOTAL INCOME||||1,194,860|145,998|1,340,858|1,323,825|151,817|1,475,642|
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||||||||||Other|Total|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Deprec|Project|Direct||Deprec|Support|Support|Total|Tota I|
||||Staff|iation|Costs|Costs|Staff|iation|Costs|Costs|2021|2020|
|Unrestricted
Funds|||f|f|f||f|f|f|f|f|E|
|4a Raising Funds|||||||||||||
|Fundraising
- Events||||||||||||5,982|
|||||||||||||5,982|
|Investment
Management||Costs|||||||||||
|Interest Payable||||||||||||879|
|||||||||||||6,861|
|4b Charitable
Activities|||||||||||||
|Business Enterprises|||224,786|46,450|509,669|780,905|128,826|610|-|129,436|910,341|872,955|
|Governance|||||||||7534|7,534|7534|6,161|
||||224,786|46,450|509,669|780,905|128,826|610|7534|136,970|917875|879,117|
|4cSeparate Material|Item|ofExpenditure|||||||||||
|Donation to the Message||Trust||||||||||4,840|
|||||||||||||4,840|
|Total Expenditure
Unrestricted|||224,786|46 450|509,669|780 905|128,826|610|7,534|136970|917,875|890818|
|Restricted
Funds|||||||||||||
|4b Charitable
Activities|||||||||||||
|Business Enterprises|||7,400|||7,400|||||7,400|2,138|
|Nea
I Street Espresso|||23,338|||23,338|||||23,338|80,607|
|Apprentice
Funding|||128,928||932|129,860|||||129,860|109,081|
|The Oaks|||24,621|||24,621|||||24,621|23 549|
||||184287||932|185219|||||185219|215,375|
|Total Expenditure
Restricted|||184,287||932|185,219|-|-|-|-|185,219|215,375|
|TOTAL EXPENDITURE|||409073|46,450|510,601|966124|128826|610|7,534|136970|1103094|1,106,193|
##
|||2021|2020|
|---|---|---|---|
||||f|
|Auditors'
remuneration||5,903|4,700|
|Amortisation
ofgoodwill|||2,862|
|Depreciation
ofowned assets||47,060|39,139|
|(Profit) / Loss on disposal ofasset||1,337|(1,438)|
|Annual
charges from operating|leases:|||
|Building Lease||30,369|30,203|
|Rental of Property||||
|Hire ofequipment||5,409|1,308|
##
|||Admin,
HR 8|2021|2020|
|---|---|---|---|---|
|||Other|||
|||Support|Total|Total|
|||Staff|||
|Charitable|Activities||||
|Business|Enterprises|129,436|129,436|88,875|
|||129,436|129,436|88,875|
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||2021|2020|
|---|---|---|
|Employee costs during the year:|f|f|
|Wages and salaries|459,718|476,756|
|Social security costs|36,153|32,503|
|Pension costs|42,028|20,452|
||537,899|529,711|
|||||2021|2020|
|---|---|---|---|---|---|
|||||No.|No.|
|Average|number offull-time|equivalent|staff employed:|||
|Charitable|Activities|||17|18|
|Others - Support||||3|3|
|||||20|21|
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|Corporation
tax based on the trading results|
|---|
|for the year at Nil/0 (2020:Nil/0)|
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|10. TANGIBLE FIXE|DASSETS|||||
|---|---|---|---|---|---|
|||Oaks||||
||Leasehold|Fixtures &|Business|Motor|Total|
||Property|Fittings|Equipment|Vehicles||
||f|f||f||
|Cost||||||
|At 1September 2020|140,628|27,935|81,294|7,708|257,565|
|Additions|||10,338||10,338|
|Disposals|||(3,008)||(3,008)|
|At 31August 2021|140,628|27,935|88,624|7,708|264,895|
|Depreciation||||||
|At 1September 2020|14,063|26,834|38,700|5,114|84,711|
|Charge for year|28,126|384|16,956|1,594|47,060|
|Disposals|||(191)||(191)|
|At 31August 2021|42,189|27,218|55,465|6,708|131,580|
|Net Book Value||||||
|At 31August 2021|98,439|717|33,159|1,000|133,315|
|At 31August 2020|126,565|1,101|42,594|2,594|172,854|
#
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||||2021|2020|
|---|---|---|---|---|
||||f||
|Investment|Properties||||
|The Oaks|||650,000|420,887|
|Other Wythenshawe||Properties|2,030,000|1,426,000|
||||2,680,000|1,846,887|
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||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||f||
|Stocks|offinished|goods|and|goods|for|resale|14,642|11,323|
||||||||14,642|11,323|
##
|||2021|2020|
|---|---|---|---|
||||E|
|Trade debtors||15,938|9,121|
|Amounts
due|from Group undertakings|71,967|21,697|
|Other debtors||6,276|18,459|
|Prepayments|and accrued income|35,300|13,477|
|||129,481|62,755|
##
||2021|2020|
|---|---|---|
|||f|
|Reserve Accounts|104,905|148,460|
|Current Accounts|79,970|50,198|
|Cash in Hand|92,570|492|
||277,445|199,150|
##
##
|||2021|2020|
|---|---|---|---|
||||E|
|Trade Creditors||32,266|22,830|
|Accruals R Deferred|Income|46,893|63,801|
|Taxation and Social|Security|12,609|11,526|
|Other Creditors||17,920|6,770|
|||109,688|104,927|
|||||2021|2020|
|---|---|---|---|---|---|
||||||f|
|Deferred|income|brought|forward|9,190|5,053|
|Income|released|in the year||(51,155)|(1S,0SS)|
|Amounts|added|in the year||47,517|19,192|
|Deferred|income|carried|forward|5,552|9,190|
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||||||Transfers|. Gains on||
|---|---|---|---|---|---|---|---|
|||Balance at|Movement|in Resources|Between|Revaluation|Balance at|
|||01/09/2020|Incoming|Outgoing|Funds|Fixed Assets|31/08/2021|
|||f|f|f|f|f||
|16a.Restricted
Funds||||||||
|Business Enterprises||2,000|7,873|(7,400)|||2,473|
|Neal Street|Espresso||28,000|(23,338)|||4,662|
|Apprentice|Funding|129,011|68,582|(129,860)|||67,733|
|The Oaks||2,465|27,397|(24,621)|||5,241|
|Wythenshawe
Properties|||14,146||(14,146)|||
|||133,476|145,998|(185,219)|(14,146)||80,109|
|16b.Unrestricted
Funds||||||||
|General
Fund||34,825|1,194,860|(917,875)|(225,039)||86,771|
|Designated|Funds|||||||
|—Investment|Properties||||145,000||145,000|
|- Revalution|Reserve|77,475||||699,389|776,864|
|—Future Projects||1,942,266|||94,185||2,036,451|
|||2,054,566|1,194,860|(917,875)|14,146|699,389|3,045,086|
|||2,188,042|1,340,858|(1,103,094)||699,389|3,125,195|
##
|||||Tangible|Intangible|Net|||
|---|---|---|---|---|---|---|---|---|
|||||Fixed|Assets /|Current|2021|2020|
|||||Assets|Investments|Assets|Total|Total|
||||||||f|f|
|Restricted||Funds|||||||
|Business Enterprises||||||2,473|2,473|2,000|
|Nea|I Street||Espresso|||4,662|4,662||
|The|Oaks|||||5,241|5,241|2,465|
|Apprentice|||Funding|||67,733|67,733|129,011|
|||||||80,109|80,109|133,476|
|Unrestricted|||Funds|133,315|2,637,812|273,959|3,045,086|2,054,566|
|||||133,315|2,637,812|354,068|3,125,195|2,188,042|
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||Land and Buildings|Land and Buildings||Other||
|---|---|---|---|---|---|
||2021|2020|2021||2020|
||f|f|f||f|
|Not later than one year|31,318|30,204|3,448|||
|Later than one year and not later than five years|||862||8,448|
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||At||At|
|---|---|---|---|
|||Cashflows||
||01/09/2020||31/08/2021|
||f|f|f|
|Cash|199,150|78,295|277,445|
||199,150|78,295|277,445|