Registered Company Number 08208655 (England and Wales) Registered Charity Number: 1149072 (England and Wales) REPORT OF TRUSTEES AND STATEMENT OF ACCOUNTS & FINANCIAL ACTIVITIES YEAR ENDED 31ST OCTOBER 2024 for BURY FELLOWSHIP (a company limited by guarantee) Accounts Independently Examined by:_ DAVID R S WELCH FCA, DChA, CHARTERED ACCOUNTANT 3 ALVINGTON GROVE, HAZEL GROVE, STOCKPORT, CHESHIRE, SK7 5LS
Fellowshi istered number: 08208655 Contents of Financial Statements For the ear ended 319t Oetober 2024 CONTENTS PAGE INDEX TO THE ACCOUNTS CHARtrY INFORMATION TRUSTEES, ANNUAL REPORT INDEPENDENT EXAMINER'S REPORT STATEMENT OF FINANCIAL ACTivrriES {InGome & Expenditure} BALANCE SHEET NOTES TO THE STATEMENT OF FINANCIAL ACTIVITIES 10-12
Fellowshi istergd numbgr. 08208655 Cha Inforn)ation ear ended 31" Octobw 2024 orthg The t, who are also dlrectorn of the ¢harlty for the purpose of th¢ Companies Act 2006, present thfrir report with the ¢onsolidaled financial statements of the charity and its subsidiary for the year ended 31sl October 2024. Tho ITUs1 have adopted the provisions of Accounting and Reporting by Charitigs: Statemont of Re¢omm&nded Practice applicable to charitios preparlng thelr accounts in accordance with the Financial Reporting Standard applicable in the UK and RepubliG of Ireland {FRS 102) (effective 1st January 2015). REFERENCE AND ADMINISTRATIVE DAlLs Registerod Company Number. 08208655 (England and Wales) Reglstered Charfty Number. 1149072 Regi$tgrod office: 23 Lakeside Bury Lan¢a$hlr¢ 8L9 gTX Trust•8s: R Warburton A J Cutteridge l Howard A Robinson GMHIII Resigned May2024 Ichalr from June 20241 Appoint¢d Novomber 2024 Company Secrelary: R Warburton Independent Examiner. D R S Wekh FCA, DChA Chartered Ac¢ountanL 3 Alving¢on Grove Hazel Grove Stockport Cheshire SK7 SLS Bankers: Vlrgin Money - 17-21 Oxford Streel Bolton. BL11 RD. CCLA Fund Managers Ltd- 1 Angel Lane. London. EC4R 3A& Klngdom Bank Ltd- Media House, Padge Road. Nottingham NG9 2RS.
Fellowshi istered nurn rt of Trnslees ear ended 31°, October 2024 r. 08208655 For the Goveming instrument The chartty's activities are regulated by the Memorandum and AeS of Assrtsation. The objectNes and principal activtb'e5 of the chanty are.. a) The advancement of the Chnstian Pdith. b) To fulfil any other acttvities which are exclusNety charitable and are nnected to the charitable work of the charity. Recruitmen( induction and trdining of new trustees Any prospective new trustees are recommended by the current board and are appointed by the Church m8mtrErs. In apFK)inling trustees, the board seek lo bring a range of skills and experb.se to the management of the Charity New trustees are introduced to the workings of the Charity and a kept upded through regular trustees. meetings and mmUntiOn throughout the year. Organi8ational structure The Church is led by a leadership team approved by Church membefs. Senior staff appointments are approved by the leadership team and the trustees. The senior staff a reSwn$ib for managing the day-to-day affairs of the Church. Rlsk management The Injslees have a duty to idenb.fy and review the nsks to which the charity is exposed and lo ensure appropriate o)ntrols are in pl lo provide aSOnable assuran against fraud and error. Related parties and ¢Oknoperation with other oryaDi5atioDs One trustee reIved remuneration, in the financial year 2023-2024, from the charitable company as allowed by the Memorandum and AJ1icl&% of Associatson. There is currently one Tfustee rNing remuneration. Use of volunteers The charrty is invofved with the community. We are dependent on the SUPFOrt of volunteers from the church, other churches and other members of the ts)mmunty. The trustees a grateful to the church members and volunteers for supporL Activities during the year en planning the activrties for the year the trustees have considered the Charlty Commissions guidance on public benefit and the specthc gumdance on charities for the advancement of religion. The church operates in and around Bury. North Manchester and has several activities which seek to reach out lo the local communty as well as serving members of the church. The Manna House has been primtly used as a comrnunty ntre for the homeless and vulnerable, and public worship has retumed to the premises. Pasloral care by home vistis. digital a(tess. etc. Son* donatn8 and grants were received to assist in the communty actKJn work. The key event of 2024 was the sale of our building, the Manna House, at the end of May. This decision was reached last year as the Trustees and members concluded that the needed repair and restoration of the building could not tÉ undertaken given the imnEdiate financial situation. As a headline summary the Fellowship continued to use the Mann8 House until the end of April 2024 as a MMunity hub faciltty provNJing the followin9 acti¥ibes".- Provision of a free hot meal 24 days a week in the building. Worf(ing wth statutory, faith and voluntary sector organisab.ons wrthin Bury and Greater Manchester to 8SSiSt homeless and vulnerable adults to make changes in their lives. Partnering with other charib.es and churche51o make the meals and sessions work well. The Food Club Bury has conbnued thTough the first 6 rmnths- thFs a panty style foc¥# operation to enable us to be a 'hands up. notjust a 'h8nd out. organisation. The volunteers have successfulty en able to find altemate sky)nsors and premrses Ithe salVan Army), and the Fellchvship has supported this transfer.
Fellowshi ist•red number: 08208656 Re rt of Trustees ear ended 31" October 2024 Forthe Provision of free emergency food parcels Whe appropriate. %M)en possib we linked recipients into the Food Club for on-going support. Offering supportive SerYe$ from Ictal agencies in conjuncts.on various partners and providers such as Achieve (drug & alcohol Serv}. Rough Slees Team. and many others. Activities not based at the Manna House also conb.nued th Eady Intervention pr(¥JramrTES (in conjunction) wtth TLG (Transfomiing LTves for G¢x) coaching pupils at St Paul's Primary S¢hcx)l (x)nts"nues atthough vrith a bwer number of pupils. With the loss of our own personnel, rt was deuded that c(Thdination should transferred to another partner church and the programme conb"nues. Our Musical Memories singing group for those living wrth dements. leaming or physical disabilrtiés, continues with INe sessions weekty at a ICal communty ntre. We continue to stream online fortnightly enabling us to reach a wider 2udien( and provKle an online resource for use at other times. We conts.nued to hold our church meeb.ngs at the Manna House unt'l end May, and since then have used rented premises. The challtable company has sought & achieved to fuhll rts charitable objbves in the following ways.. The provisi)n of a public worship Serv each Sunday which is open to all. Providing pasloral ¢are for members of the churth. Use of the Manna House until iys sale in May 2024 as a community hub facilty serving the homeless and vulnerable witt) targeted help, fcoj, and a wam) and safe space. The organisab'on of FLK)d Club Bury providing panty style help to the local communty. The proVisn of Musical Memories in person and online events. targeted at those individuals land their carers) INing dementia. aMIng or phys1 disab1lrts. Eady Intervention school prOgraMn on Chesham Fold Estate Support for varv)us chaTrtable proJts in the UK e.g. for the relief of povety and fijrtherance of educabon. Financial review The charity's total incoffe for the year amounted to £ 41,653 {2023: £77.120} and the total expendtiure amounted to £ 50.38012023= £77,377) gwing a Deficit for the year of £ 8,727 (Deficit 2023.. £ 257). Voluntary donations to Bury Fellowship lincluding assctiated gift aid) were lower than the previous year al £26,27912023.' £33.5361." whijst income for hall hire was for 6 rwnths only £ 1,13012023.. £2,330 for ftjll year) Additionalty. the charity disp)s&l of fixed assets (the Manna House buikling} for the sum of £240,000 in May2024. A further sum of £2.095 was raised from disposal of fftb'ngs and fvmiture. Costs relating the sale were £ 6,935. Rr¥eS policy & golng concern The truglÈÈs had rÈviÈwÈd the eireumgtan(x of the ch2riiy in Jgftu8ry 2023 and they considèred thai there weie adequate resoulces available to fund the activities of the church for the immediate futurtr. However, taking guanCe from a letter of concem to the Trustees from our independent examiner, the sustsinability of the chanty was deemed to be unrtain teyond 12 nnthS as we would be heavily dependent on outside grants to meet the costs of maintaining the current c(Mnmunity programmes, and we no longer had the appropriate resources to acb.vely pursue such grants. Additionally, there were urgent concems regarding costs Ihal could anse to cover the maintenance, restoration, and reftjrbishment ofthe building After due consideration itwas decided that a prowsal to sell the building should be put to the church members. and this was unanimousty agreed as a course of action. The sale of the building was finalised in May 2024 and realised an amount of £240,000, wrth costs of £6,935.
Fellow8hi R istered number. 08208655 Re rt of Trustees For tho oar ended 315t October 2024 The charity also generates a regular Incon by way of gifts and donabons, tcgether wth grants and reslricled donations which is adequate to cover the projected expendrture. In addrtn, the chanty seeks to maintain adequale reserves to enable it to meet any unforeseen expenditure or tr) cover any short-tefm fall in income. The chanty held reserves of £285,15912023' £ 142,2611 at the end of the financial year of which free reserves wete £ £277,52112023.' £117.055). Plans for Future Perfods Following the sale of the building the trustees are in discussion wth the rnber$ to identify a fure pathway to maintain the profite of the chanty wrthin the Ic1 area and to have an outsvard mission focus as we pursue our church viS)n of'being and bringing the good news to Bury & beyond,. Trustees. indemnlty arrangements Individual indemnities have been provided to the trustees. under which the charitable company has agreed lo indemnify the trustees to the extent permitted by law in respect of all liabilities to third parties arising out of, or in connection wtth, their execubon of their prywers. duts.es and responsibilities as trustees of the charity. Independent Examlner The independent examiner. D R S Wekh FCA DChA Chartered Accountsnt has indicated his willingness to be re-appointed to office. The Trustees have prepared this Report in accordarlce wrth the speual provisions of Part 15 of the Companies Act 2006 reLgts'ng lo small compan This port was approved by the Trustees on 0910112025 lan Howard - Chair of Trustees
Bu ellowshi istÈred numbor: 082086SS ndent Examiners Re ortto members ofBu Fellowshi For the ear ended 31" October 2024 nde I report on the a)Unts of BURY FELLOWSHIP for the Year Ended to 31 October 2024, as shown on pa9es 8- 12 atlached. RpeCtIve respMsibilities of Intstees and examiner The trustee$ (who are aL80 the direcors ofthe (x)wy for the purposes ofcompany lawl are responsti )le or the preparation of the ac¢ounts. The Irustees consider that an audrt is not required lorthis year under section 144{2) of the Charities Act 2011 (the 2011 Act} and thal an independenl examFnation is needed. Hawng satisfied myseirthat the charity is not subject to audrt unJer mpany law and i8 eligi0 for independent txamination. il 15 my SPOnSIbl11ty to." examine the accounts under secb.on 145 of the 2011 Ac( lo followthe pre¢edu$ laid dcwn in Ihe general Directions gwen by Ihe Charity Commission under Section 14515){b) of the 2011 Art ar to state vthether parti¢)Jlar matters have come to my attention. Basls of indepgndent examinerfs report My ex#minat)n vos Carried out in accordarKe ith Ihe general Direction5 given by the Charity Commission. An examination indudes a review of the accountiw records kept by the tharrty and compari50n olthe accounts wesented wth those records. It also indudes Conside"on of any Jnusual items or ithsdosures in the accounts and seekn.ng exptanations from you as tntsstees concerning any suth matters. Thè prce(Iwes undertaken do not provide all the ewdence that would be required in an audit and consequenuy no opFnion 15 gNen as to whethw the accounts present a 'true and fair viev/ and the report is ttIted lo those matters set out in the statement below. Indepondent examnerfs statement In connection with nry examination, no matter has ¢ome to my attention: 111 vthich g4ves me reasonable cause to believe that in any material respe¢t the requirements.. . to keep accounting reId$ in accordance tmth seth.on 386 of the Companies Act 2006.. and lo prepare accounts which accord vAth the acctyjnting records. comply with the accounting requirements of section 396 of the CoMpanS Act 2006 and wth the methods ani1 principle5 01 the Ststement of Recommended Practice.. Accounting and Reporting by CIBrib"es have not been mel.. or (2} to eth. in my op1n1. attention shoukf be dravn in order to enable a proper understsnding of the 8cerMJnts to be reached. DAVID R S WELCH FCA. Dch CHARTERED ACCOUNTAKr. 3 ALVINGTON GROVE. HAZEL GROVE, STOCKPORT. CHESHIRE. SK7 5LS Date: 0910112025
Fellowshi istered nurnbgr: 08208655 Statement of Financial Acttvities Income & Ex ndlture Forthe ear ended 31" Octobor 2024 INCOME & EXPENDITURE ACCOUNT Income 2024 2023 unrestr Reslricted Totsl Funds Funds Funds Funds Funds Funds Gift Aided Donations Tax Recovered 12.644 3.181 10,454 3.239 802 15,883 3,982 19,564 18,984 4.987 9,565 2,114 1,306 36,894 21,097 6,293 48,480 Other Grants. Gifts and Donations 9,110 Income from Charitable Activities 26279 13,150 39,429 33,536 40,313 73,849 Investment Income Bank Interest Received 1,048 1,048 753 753 Othgr Incorno Hire of Hall 1,130 1.130 2.330 167 2,330 187 Contributions to Church Mission*Events 20 1.176 1.176 2N97 20 2,517 Tolal Income for Year 28,503 13.150 41,6S3 36,786 40,333 77,120 Expendltur• Personnel- Employment Costs Home Ministy Overseas Ministry Manna House 4,724 6,978 9,253 19.875 13,976 26.852 8,614 2.403 16,853 28.845 25,467 31,248 4,641 1.896 1.590 6,232 1,896 6.332 3,910 10,242 Room HirelRentals Building Development DepCiatIon Expendlture on Charitsble A¢tivfties Support Activities 4,905 4,905 3483 18239 30,718 48,956 20,832 54,512 75,346 109 722 722 357 357 Govemance 1,315 1,315 954 Total SupportAcllvltles Totsl Expendiluro Surplu&l{Doficitl for Year 1,424 1,424 2.033 2,033 £19,662 £30,718 £50.380 £22.865 £54.512 £77,377 £8,840 417.567 -£8,727 £13,922 414.179 257 Sale of Manna House Cosls of Manna House Sale Asset value write down Income from sale of Assets 242,095 -6,935 -83.535 151.625 0 242,095 -6,935 -83.535 151,625 Flnal Surplu81{Deficlt) lor Year Funds blfwd Tran8feY3 betrween lund8 £160.466 -£17.567 £142.898 £117,056 £25.206 £142.261 £0 £0 £0 £0 £0 £103,134 £39,385 £142,519 £0 £0 Funds clfwd £2ri,521 £7.638 £285.159 £117,056 £25.206 £142,261
Bu Fellowshi istgrgd number: 08208655 ststement of Financial Activities Balance Sheet Forthe ear ended 31¥t October 2024 BALANCE SHEET AS AT 31st October 2022 Notes 2024 2023 Tangible Fixed Assets Freehold Property at NBV Computers, Music, Office & Other Equipment Generator & Caterin8 Equipment 83.535 83,535 Current Assets Gift Aid and Other Income Cash at Bank & In Hand Savings Account Saving - 120day 184.241 21,199 80.000 285.884 59,451 59,451 Credilors :. Due within One Year Govemance 725 725 725 725 Net Current Assets 285,159 58,726 Total Net AssetslReserves £285,159 £142,261 2024 2023 Total Reserves - See Note 5 285.159 142,261 For the year ending 31* October 2024, the company was entrtl to exempbon from audrt under SeCtn 477 of the Companies Act 2006 relats.ng to small companies. The members have not required the company to obtain an audit of its }Unts for the year in question in accordance wrth section 476. The directors acknowledge their reSpbI1eS for o)mptyiThJ wtth the requirerrents of the Act vthh respect to accounting records and the preparation of accounts. These accounts have been prepared in ac¢x)rdance with the provi%ions applKable to companies subject lo the small companies, regime. These financial statements have been prepared in accordance with the special proV10nS of Part 15 of the Companies Act 2006 lating to small charrtable companies. The financial statements were approved by the Board of Tnjs1 on 09101r2025 and were signed on its behalf by.. lan Howa {Dlrector & Chalr of Tntee$} The notes form part ofthese financial statements Ruth Warburton {Director & Trustse}
Bu Fellowshi R Istered number. 08208655 Notes to the Flnancial Ststement of Activities For the ear ended 31°, October 2024 ACCOUNTING POLICIES 1. THE BASIS OF ACCOUNTING POLICIES AND DEFINMONS 1.1. THE ACCOUNTS have been prepared under the hLStoripal u)st (x)nventK)n in acCrdanCe wth applicable accounting standards and the Charibes Act 2011 and Ststement of Recommended Practice {SORP) 2005. 1.2. GENERAL FUNDS represent unreStrted fvnds that are not subject to any restn'ction regarding their use and a available for applicabon towards their use putposes of a general nature. 1.3. RESTRICTED FUNDS represent fvnds that have be8n restrthd by the donor for a particular purpose. 1.4. INCOMING RESOURCES are included In th8 Statement of Financkgl *vlaS ISOFAI wh8n Bury Fellowship Limrted tecome entrtled to the resources", The trustees are virtualty certain that they will receive the rex)urces', and The monetary value can be measured with sufficient reljability. 1.5. GIFTS & DONATIONS are included in the SOFA wh8n Bury Fdlowship Limrted has unconditional &nement to the resources 1.6. INVESTMENT INCOME i8 Induded in the SOFA when receNable 1.7. RESOURCES EXPENDED are reco9ntrLed when costs have been incued. or for deslgnaled or special gifts, in the same ao))unkn'ng perv)d as the relats'ng grft is re¢eNed. 1 .8. TANGIBLE FIXED ASSETS are cawlalised at cost when incurred. The property. the Manna House fy Insured at plaCe[rEnt value The Trustees in earfy 2023 commissioned Jonathan Pickles. AssLxRICS surveyor at Nolan Redshaw SuNeyors & Valuers, to provide them wrth an uplrTrdate valuatson of the church building and premises- the Manna House, Irwell Street. Bury BL9 OHE The Twstees at that point placed the buildin9 on the market with a valuth¢)n indted of a Market Value valuation of £250,000 with the aim to sell the Manna House for a figure as dose lo the tdate valuation $0 as to secure the ng-terrn viability of the Companylchanty. The sa18 was finalty CoMpted in May 2024 and is fewrted in the accounts to 311t October 2024 for Bury Fellowship ¢))mpany number 08208655 Limited ty guarantee. Charity No 1149072. 1.9. DEPRECIATION OF TANGIBLE FIXED ASSETS is included in resources expended, writsng off the assets over thèir useful lrfe, whth estimated to be Freehold Property Computer Equipment Musical. off & Other Equipment Generator & Catering Equipment 50 Years 3 Years 4 Years 4Yea 1.10. LIABILITY RECOGNITION- Liabilities are recognised as scKJn as there is a legal or constructive obligatK)n committi'ng Bury Fellowship Limrted to pay out resources 1.11. GOVERNANCE COSTS- Include preparation and examination of Bury Fellowship Limited's ststutory accounts, tTUStee nwtr.ng exFenses, and legal advice given lo the trustees regarding constitutional matters. io
Bu Fellowshi istered number. 08208655 Not¢5 to the Financial Ststement of Activitifrs Forthe ear ended 31# October 2024 TANGIBLE FIXED ASSETS FREEHOLD IAUSIC, rr & CATERING PROPERf( FIXTURES EQUIPMEprr TOTAL COST At 1st November 2023 Addttions for the Year 101.877 28.805 3283 133,963 Disposals in the Year Cost as at 31st O¢tober 2024 -101.877 -101,877 32,088 28.805 3,238 DEPRECIATION At 11t November 2023 Charge for the Year Eliminated on Dlsposals Depreciatlon as at 315t October 2024 18.342 28,805 3238 50,38S -18.342 -18,342 28,805 32,088 NET BOOK VALUES 318t October 2024 £0 £0 £0 31•t Octobgr 2023 £83.535 £0 £83,S35 STAFF COSTS 2024 2023 Wages and Salarles Pensions-Ernployers Gosts Re-lmbursed Expenses 15,073 79 25222 121 124 £15,152 £25,467 There were no employees with employee beneffts of £60.0¢)O or rnore in the year12023.' none} The average number of employees was as follows: 2023 2023 Charitable activfties Support actlvities li
Fellowshi istergd number: 08208655 Notes to the Financial Statement of Activltles For the ear ended 31" October 2024 4 TRUSTEES. REMUNERATION AND EXPENSES R•munerntion includlng pension contribution8 Mr Alan Robinson Bekny £5.0(h) per annum Tfustees receive remuneration in resFeCt of services they provth as staff and not in res of seNices as trustees. No trustee (was reimbursed for travel and thurth aGtrvty expenses during the year. 12023 one trustee: £1241 The remuTreratn of trustees is in OrdanCe with the mermrandum and arbcles which sbpulates that the number of remunerated trustees should never a majorty The number of tfustees to whom retireffEnt beneffts were xcruing was as follows." 2024 2023 Money Purchase Scheme TRUSTEES FUNDS 2024 2023 Unrestricted (Frnel 277,S21 117,055 Restricted 7.638 25206 Total RerV•S 85.159 £142.261 12