COMPANY REGISTRATION NUMBER: 08201539 CHARITY REGISTRATION NUMBER: 1148853 Manchester Charitable Trust Ltd Company Limited by Guarantee Unaudited Financial Statements 5 April 2025 VEN LTD Chartered Certified Accountants Rico House George Street Manchester M25 9WS Manchester Charitable Trust Lld Company Llmlted by Guarante8 Flnanclal Statements Year ended 5 Aprll 2025 Page Twste8s' annual report (incorporating the director's report) Ind8pendent examiner's report to the trustees Statement of financial activities (including incomo and expenditure account) Statement of flnancial position Notes to the financial statements Manchester Charitable Trust Ltd Company Limited by Guarantee Trustees. Annual Report (Incorporatlng the Director's Report) Year ended 5 Aprll 2025 The trvslees, who are also the directors lor the purposes of Company law, pres8nt their report and the unaudited financial slalemenls of the charity lor the year ended 5 April 2025. Reference ond admln18tratlve detalls Regl8tor8d charlty noma Manchester Gharilable Trust Ltd Charlty reglstr•tlon number 1148853 Company roglstr8tlon number 08201539 Prlnclpal offlc• and reglsterod clo Lopian Gross Bamet offlce 1st Floor Cloister House New Bailey Street Manchester M3 5FS The trustees Mrs L Gross Mr YV Fulda Mr J Neumann Mr S Frankel Mr IM Shaplro Indepondont ex•mlner Yisro81 Levenson FCCA CTA Rico House George Street Manchester M25 9WS Stfuetur•* govomanc• and management Manchester Charilable Trust limited 15 Gonsllluled by Memorandum and Articles ol Association and is a company Ilmited by guarantee. It wa5 incorporated on 4 September 2012 as a company and the company number is 08201539. It was registered as a charity on 6 September 2012 with a charity number 1148853. Recruitment and appointment ol new Iruslees would be in line with the Memordndum and Articles ol Association and wilh the consent ol the trustees. The criteria sel IOT the suitable candidate would be someone who 15 sensitive to the needs and demands ol the organisation. Oble¢tlvo8 and adlvltles The obleclives of the charity are the prevention or relief of poverty or financial hardship by providing., grants lo indimduals In need andlor charity lo other oroanisalions working to prevent or relieve poverty or financial hardship. Manchesler Charitable Trust Lld Company Llmlted by Guarantee Trustees. Annual Report (Incorporatlng the Dlreclor's R8POrt) (Contim￿O) Year ended 5 Aprll 2025 Strateglc report The following sections lor achievements and pèrtormance and linancial rewew lorm the strategic report of the charity- Achlevementg and performanc• During the year the charity made a slgnllicant amount ol charitable oranls in accordance wlth Ils objectives. Flnanclol T￿1?W Flnancial F)osilion Income Irorn donations lolalled t153,69512024 £88,839). Expenditure in turlherance ol charliable acllvllies aggregated £156,45712024 - t52,6651 results'ng In nel expenditure of £2,76212024 - income 01 £36,174). The linanclal iesutts ol the charity's activities lor the year lo 5 April 2025 ￿e lully reflected on pages 4 and 5 01 the Financial Sialemenls together wth the notes Ihereon. Reserves Fjolicy The Iruslees have eslabllshed the level ol reserves Ilhat Is those lunds that are freely avallablel that the charity ought lo have. Reserves are needed lo brldge the lundlng gaps bet￿een spendlng on aclivilles and receiving iesources through voluntary grants. The Iruslees consider that the ideal level ol reserves would be around £10,000. The actual reserves are £50,857 which Is above that largel. The Irusle8s' annual report and the slraleoic report were approved on 12 January 2026 and slgned on behalf ol the board o ustees by.. Mr S Franke Trustee Manchester Charitable Trusl Lld Company Llmlted by Guarantee Independent Examiner's Report to the Trustees of Manchester Charitable Trusi Lld Year ended S Aprll 2025 I report to the Iruslees on my examination of the financial slatemenls of Manchester Charltable Trust Ltd I'lhe charilll lor the year ended 5 Apiil 2025. Responslbllltles and b•sls of report As the trustees ol the company land also ils directors lor the Purposes ol company lawl you are responsible lor the preparalion ol the financial slalements in accordance with the requirements ol the Companies AGI 20061'lhe 2006 Acl'l. Having salistied rnysell that the accounts ol the company are not required lo be audited under PaTI 16 ol the 2006 Act and are eligible lor independent exarninalion. I report in respect ol my examination ol the charity's accounts as carried out under secilon 145 ol the Charities Acl 2011 I'lhe 2011 Acl'l. In carrying out my examination I have lollowed the Dlreclions given by the Charlty Commission under section 14515llbl ol the 2011 Act. Independent examlnor's slatornont I have complelod my examination. I confirm that no matters have comg lo my allenlion in connection with the examination glving me cause lo believe.. accounllno records were not kepl in respect ol the charity as required by section 386 01 the 2006 Act., or the financial slal8menls do not accord with those records., or the financial stalemenls do not comply wih the accounllng requirernenls ol secllon 396 of the 2006 Act other than any requirement that the accounts give a 'true and lalrf vlew which Is not a matter considered as part ol an Independent examlnalion., or the Ilnancial slalomenls have not been prepared in accordance with the methods and princlples ol the Statement ol Aecommended PraGIiGe lor accounting and reporting by charities appllcable lo charities preparing their accounts in accordanc8 Wlth the Financial Reponing Slandard applicable in the UK and Republic ol Ireland IFRS 1021. I have no Concerns and have come across no other matters in connecllon with the examination lo which attentlon should be diawn in this rgport in older lo enable a proper understanding ol the accounts lo be reached. Yisroel Levenson FCCA GTA Independent Examiner Rico House George Street Manchester M25 9WS 12 January 2026 Manchester Charitable Trust Ltd Company Llmlted by Guarantee Statement of Flnanclal Actlvltles (Including income and expendilure account) Year ended 5 Aprll 2025 2025 Unresirlcted funds Total lunds Total lunds 2024 Note Income and endowmenls Donations and legacies Total Income 153,695 153,695 153,695 88,839 88,839 153,695 Expendlture Expendilure on charitable a¢tlvities Tot•1 expendlturo 156,457 156,457 156,457 156.457 52,665 52,665 Not (•xpendlturn)Ilncome and net movomont In funds 12,7621 12,7621 36,174 Re¢on¢lllatlon ol funds Total funds brought forward Totsl fund8 ￿rrted torward 53,619 50,857 53,619 50,857 17,445 53,619 Th8 slalemenl ol linanclal actlvllles includes all gains and losses iecognised In the year. All income and expenditure derive Irom contlnuing actlvitbes. The not68 on pftg88 6 10 10 form part of Iheso flnancl•l Ststgmonls. Manchester Charitable Trust Ltd Company Llmlted by Guaranlee Stalement of Flnancial Posillon 5 April 2025 2025 2024 Mot• Curront asselg Cash al bank and in hand 50,857 53,619 53,619 Net current assets 50,857 50,857 Total agsetsloss current Ilabllltlos 53,619 Funds ot tho charlty Unre51riGled funds 50.857 53,619 Totsl charlty funda 12 50,857 53,619 For the year ending 5 April 2025 the charity was enlltled lo exemption from audlt under section 477 of the Companlos Act 2006 relating lo small companies. Directors, responsibilities.. The members have not required the company lo oblaln an audit ol Ils financial statements lor th8 year in quesllon In a￿ordanCe ￿￿th sectlon 476- The directors acknowledge their respon51bililies lor complying with the requir8menls of the Act vllh respect to accounting records and the preparation of financial stalgmenls. These linancial statements have been prepared in accordance with the provislons appllcable to companie5 subject lo the small companies. regime. These Ilnancial slalemenls were approved by the board ol Iruslees and aulhorised lor issue on 12 January 2026, and are slgned on behalf ol the board by.. Mr S Frankel Trustee Tho notots on p•ge$ 6 10 10 lorni part of Ihes• linanclJl statom•nts. Manchesler Charilable Trust Ltd Company Llmlted by Guarantee Notes to the Flnancial Statemenls Year ended 5 Aprll 2025 Qenoral Informatlon The charity is a publlc benelll entlly and a privale company Ilmited by guarantee, registered in England and Wale5 and a registered charity in England and Wales. The address ol the registered oflice is clo Lopian Gross Barnet, 1 sl Floor. Cloister House, New Bailey Slregl, Mancheslar. M3 5FS. Statoment ol compllance These financial statements have been prepared in compliance wllh FRS 102, 'The Financlal Reporting Standard applicable in the UK and the Republic ol Ireland,, the Slalemeni ol Recommended Practice applicable to charllies preparing their account5 in accordance with the Financial Reportlng Standard applicable in the UK and Republi¢ ol Ireland IFRS 1021 Icharllies SORP IFRS 10211 and Ihe Companies Act 2006. Accountlng pollcles Ba818 of preparatlon The linancial statements have been prepared on the historlcal cost basls, as modllled by the revaluation ol certain financial assets and liabillliès and investment propertSes ffleasured al lair value through income or expenditure. The linanclal statements are prepared in slelling, which is tho functional currency ol the enlily. Golng concorn There ar8 no material uncertalnlles about the charlty's ablllly lo continue. Judgomont8 and key Sou￿•8 ol wdtlrnatlon un¢ertolnty The preparation ol the finan¢lal slalements requires management lo fflakè judgements, eslimales and assumptions that allect the amounts reported. These eslimales and judgements are ¢onlinually reviewed and are based on experience and other laclors, includlng expeclatlons ol future events that are belleved to be reasonable under the circumstances. Fund accountlng Unrestricted funds are available for use at the discretlon ol the Iruslees to lurther any ol the charity's purposes. Deslgnated funds are unreslrlcted funds earmarked by the Irustees lor particular future project or commllmenl. Reslricled funds are subjected lo restrictions on their expenditure declared by the donor or through the terms ol an appeal, and fall into one ol two sub-classe5.' restricted income funds or endowment funds. Manchester Charilable Trust Ltd Company Llmlted by Guarantee Notes lo the Flnanclal Statements I￿nI1￿u•￿} Year ended 5 April 2025 Accountlng pollcles (conllntmd) Ineomlng resources All incoming re$ourc8s are included in the statement of financial activities whon entitlement has passed lo the charily., il is probable that the economie benefits associated with tha transaction wlll flow lo the charity and the amount can be r81iably measured. The following specific policies are applied lo particular calegories ol income: income from donations or grants is recognlsed when there is evidence of enlillemenl to the gift, receipt is probable and ils amount can be measured reliably. legacy income is recognised when receipt is probable and enlill8menl is establlshed. income from donated goods is measured at the lair value ol the goods unless this is impracllcal to measure reliably, in which case the value is derived from the cost lo the donor or the eslimaled resale value. Donated facilities and services are recognlsed in the accounts when recelved il the value can be reliably measured. No amounts are included lor the conlTSbutlon ol general volunteers. income from conlra¢ls lor the supply ol services is recognised wllh the delivery ol the contracted service. This is classilied as unrestricted funds unless there is a conlraclual requirement lor il lo be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Re•ourco9 •xpond•d Expenditure is recognlsed on an accruals basis as a Ilabillty Is incurred. Expenditure includes any VAT which cannot be lully recovered, and is classi1Sed under headings of the 51alemenl ol linancial activities lo which il relates.. expenditure on ralslng funds includ8s th8 costs of all fundraising aclivilies, events, non- charitable trading aclivilies. and the sale ol donated goods. 8xpendilure on charflable activities includ85 all cos15 incurred by a charity in undertaking activities that further ils charitable aims lor the benefit of its beneficiaries, including those SUFPOrt costs and costs relating lo the goveTnance ot the charity apportioned to charita￿e aclivilies. other expendllure includes all expenditure that Is nellher related to raising funds lor the charity nor part of Ils expenditure on charilade aclivllie5. All costs are allocaled to expendllure categories reflecting Ihe use ol the resource. Direct costs attributable lo a single activity are allocated directly lo that aclivlly. Shared costs are apF)Ortioned be￿een ltte activikn'es they contrlbule lo on a reasonable, justifiable and consislenl basis. Flnanclal Instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the conlraclual provi510r15 Of the instrument. Manchester Charitable Trust Lld Company Llmiied by Guarantee Notes to the Financial Statements I￿nI1￿u•d) Year ended 5 April 2025 A¢¢ountlng policies (¢Ollllnu•d) Flnan¢lal Instwments (ctmtinu•d) Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured al the cash or other consideration expected lo be paid or received and not discounted. Oebl Instruments ale subsequently measurgd al amortised cost. Wheie investments in shares are publicly traded or Ihelr lalr value can otherwise be measured reliably, the investment is subsequently measured al lalr value with Changes in lair value recognised in income and expenditure. All other such inveslments are subsequently measured al cost loss impairment. Other financial instrumenls, In¢ludSng derivatives, are Initially reGognlsed al lair value, unless payment lor an asset is deferred beyond normal business terms or Ilnanced al a rale ol Interest that Is not a market rale. In which case the asset is measured al the present value of the future payments discounted al a market rale ol interest lor a simllar debt instrument. Other linanclal Instruments are subsequently measured al fair value, with any changes recognised in the slalement ol financial activilies, wth the exception ol hedging Instruments in a designaled hedging relationship. Financial assets that are measured al cosl or amortlsed cost are r8vl8wed for oblecllve evidence ol impairment at the end ol each reporting dale. 11 there Is objectlve evidence of Impairment, an impairment Ios5 Is rocognlsed under the appropilate heading In the statement ol financial activities In whlch the inlllal gain was recognised. For all eqully Inslrum8nls regardless ol slgnlll¢ance, and other IlnanGial assets ihat are indlvidually signilicanl, these are assessed individually lor impairment. Other linancial assets are either assessed individually or grouped on the basis ol similar credil risk characleri51iGs. Any reversals ol impairment are re¢ogni5ed immedialety, lo the exlenl that the reversal does not resuh in a carrying amount ol the Ilnancial asset that exGeeds what the carrw'ng amount would have been had the impairment not previously been reGognised. Llrnlted by gu•r•ntoe The charity is limtted by guarantee and has no share capital. The liability of each member in the evenl ol winding up is limited lo £10. Don•tlons and legacles Unr8slricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Donatlons Donations 153,695 153,695 88,839 88,839 Manchester Charilable Trust Lld Company Llmlted by Guarantee Noies to the Flnanclal Slatemenl8 {¢ontinI￿rfj Year ended S Aprll 2025 Expondlture on charltablo actlvltlos by fund type Unrestricted Totsl Funds Unreslrlcled Total Funds Funds 2025 Funds 2024 Grants payable aclivlly Support costs 153,850 2,607 153.850 2,607 156,457 50,390 2,275 50,390 2,275 156,457 52,665 52,665 Expendhure on ch•Fltable Jctlvltles by actlvlty type Grant lundino ol aclivllies Support costs Total lunds 2025 Total fund 2024 Grants payable acilvlly 153,850 2,607 156,457 52,665 An)￿18 018UPPOrt CO8t• Analysls ol support costs Total 2025 Total 2024 Governance Costs 2,606 2,606 2,275 Analy•l8 ol grants 2025 2024 Oronts to In8tliutlonJ British Frlends ol Ko1181 Rabb4 Yechiel Bederech Kovod TTT Chomel Dalim Donations under £1000 18,280 7,150 47,930 6,010 1,350 17,240 600 2,350 75,710 25,200 Grants to Indlvlduals Grants lo individuals 78,140 153,850 25,190 Total granls 50,390 10. Staff Costs The average head count ol em￿OYeeS during lh8 year wa5 Nil12024.' Nill. No employee received employee benelils ol mole than £60.000 during the year12024'. Nill. Manchesler Charitable Trust Ltd Company Limited by Guaranie8 Notes to the Financial Statements (conllnued) Year ended 5 Aprll 2025 11. Truslae reffluneratlon and expens No remuneratlon or other banelils from employment wlh the Charity or a related entity were received by the trustees. 12. Anaty818 Of chorflable funds Unregtrfcted funds At 6 April 2024 At Income Expenditure 5 Aprll 2025 General funds 53,619 153,695 1156,457) 50,857 At 6 April 2023 At Incom& Expendilure 5 April 2024 General lunds 17,445 88,839 152,6651 53,619 13. Anal￿8 01 not aM•ts between funds Uniestrided Tot•1 Fund• Funds 2025 Current assels 50,857 50,857 Unrestrlcted Total Funds Funds 2024 Current assets 53,619 53,619 10