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|Charity number|Charity number|1153055|||
|---|---|---|---|---|
|Company|number|08503176|||
|Principal address||StGeorge's Church|||
|||Water Street|||
|||Wigan|||
|||Lancashire|||
|||WN1 1DN|||
|Registered|office|StGeorge's Church|||
|||Water Street|||
|||Wigan|||
|||Lancashire|||
|||WN1 1DN|||
|Auditor||Prime Factor|Limited Statutory|Auditors|
|||41Bridgeman|Terrace||
|||Wigan|||
|||Lancashire|||
|||United
Kingdom|||
|||WN1 1TT|||
||||Page|
|---|---|---|---|
|Trustees' report|||1-9|
|Statement of|trustees'|responsibilities|10|
|independent|auditor's|report|11-13|
|Statement
of|financial|activities||
|Balance sheet|||15-16|
|Statement of|cash flows||17|
|Notes tothe financial||statements|18-34|
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|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2023|2023|2023|2022|2022|2022|
|Notes||f|f|f||f|f|
|Income and endowments|from:|||||||
|Donations
and legacies|3|246,407|52,939|299,346|330,858|149,635|480,493|
|Income from||||||||
|charitable
activities|4|1,454,735|139,358|1,594,093|2,Q73,404|14,060|2,087,464|
|Other trading activities|5|563,640||563,640|448,749||448,749|
|Other income|6|12,319||12,319|16,829||16,829|
|Total income||2,277,101|192,297|2,469,398|2,869,840|163,695|3,033,535|
|~Ex enditore on:||||||||
|Raising funds||121,593||121,593|99,347||99,347|
|Charitable
activities|8|2,104,795|224,300|2,329,095|2,696,971|232,051|2,929,022|
|Total expenditure||2,226,388|224,300|2,450,688|2,796,318|232,051|3,028,369|
|Net income/Iexpenditure)|for|||||||
|the year/||||||||
|Net movement
in funds||50,713|{32,003)|18,710|73,522|(68,356)|5,166|
|Fund balances at 1April|2022|392,394|39,816|432,210|318,872|108,172|427,044|
|Fund balances at 31March||||||||
|2023||443,107|7,813|450,920|392,394|39,816|432,21Q|
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|||||2023||2022||
|---|---|---|---|---|---|---|---|
||||Notes|6||||
|Fixed assets||||||||
|intangible
assets|||13||3,103|||
|Tangible
assets|||14||571,294||476,345|
|Investments|||15||1||1|
||||||574,398||476,346|
|Current assets||||||||
|Stocks|||16|1,125||46,292||
|Debtors|||17|86,623||122,899||
|Cash at bank and in|hand|||269,355||271,915||
|||||357,103||441,106||
|Creditors: amounts|falling due within one|||||||
|year||||(212,425)||(203,593)||
|Net current assets|||||144,678||237,513|
|Total assets less current||liabilities|||719,076||713,859|
|Creditors: amounts|falling due after more|||||||
|than one year|||20||(268,156)||(281,649)|
|Net assets|||||450,920||432,210|
|Income funds||||||||
|Restricted funds|||21||7,813||39,816|
|Llnrestricted
funds|||||443,107||392,394|
||||||450,920||432,210|
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|||||||2023||2022||
|---|---|---|---|---|---|---|---|---|---|
||||||Notes|||||
|Cash flows from operating||activities||||||||
|Cash generated
from!(absorbed
by) operations|||||25||158,192||(4s,8s4)|
|Investing|activities|||||||||
|Purchase|of intangible
assets|||||(3,192)||||
|Purchase|oftangible
fixed|assets||||(143,842)||(458,797)||
|Proceeds|from disposal of|tangible fixed||assets||250||5,065||
|Net cash|used in investing|activities|||||(146,784)||(453,732)|
|Financing|activities|||||||||
|Proceeds|from borrowings|||||||142,000||
|Repayment
of borrowings||||||(10,786)||(7,466)||
|Proceeds|from new bank loans|||||||162,QQQ||
|Repayment
of bank loans||||||(3,182)||(613)||
|Net cash
activities|(used in)!generated||from financing||||(13,968)||295,921|
|Net decrease in cash and||cash|equivalents||||(2,560)||(203,665)|
|Cash and|cash equivalents|at beginning||ofyear|||271,915||475,58Q|
|Cash and|cash equivalents|at|end ofyear||||269,355||271,915|
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|Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
|funds|funds||funds|funds||
|2023|2023|2023|2022|2022|2022|
|E|E|E|E|E||
|246,407|52,939|299,346|330,858|149,635|480,493|
##
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|4|Income from charitable|Income from charitable|Income from charitable|activities||||
|---|---|---|---|---|---|---|---|
||||||Charitable|Charitable|Income|
||||||income|||
||||||2023||2022|
||||||f||f|
||Wigan
IVIBC Furniture||Welfare||56,831||56,696|
||Other Local Authority||Contracts||1,041,678|1,769,753||
||Grants||||138,132||163,074|
||Food community|income|||23,556|||
||Charitable
rental|income|||331,213||97,941|
||Other charitable|income|||2,683|||
||||||1,594,093|2,087,464||
||Analysis
by fund|||||||
||Unrestricted
funds||||1,454,735|2,073,404||
||Restricted funds||||139,358||14,060|
||||||1,594,093||2,087,464|
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||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2023|2022|
||||||f|f|
|Charity shop||income and income from cafe|||285,348|221,798|
|Final Finish|||||278,292|226,951|
|Other trading|||activities||563,640|448,749|
|Other income|||||||
||||||Unrestricted|Unrestricted|
||||||funds|funds|
||||||2023|2022|
|||||||f|
|Rent ofspace|||in Brickworks||6,000|6,000|
|University|student|||placements|5,320|9,560|
|Other sundry|||income||999|1,269|
||||||12,319|16,829|
|Raising funds|||||||
||||||Unrestricted|Unrestricted|
||||||funds|funds|
||||||2023|2022|
||||||f|f|
|Fundraisin||and||ublici|||
|Other fundraising||||costs|8,870|4,100|
|Staff costs||||||4,368|
|Fundraising||and||publicity|8,870|8,468|
|T~iradio
costs|||||||
|Staff costs|||||112,723|90,879|
||||||121,593|99,347|
##
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|||Charitable|Charitable|
|---|---|---|---|
|||Expenditure|Expenditure|
|||2023|2022|
|||f|f|
|5taff costs||881,207|910,027|
|Travel 8 subsistence||20,457|23,667|
|Marketing
S.advertising||9,454|14,244|
|Client packs Rfoodbank||94,957|153,874|
|Mentoring
costs|||11,509|
|Costs ofancillary trading||185,721|167,492|
|Direct client support|costs|81,816|103,739|
|Security costs for Hubs||379,476|840,225|
|||1,653,088|2,224,777|
|Share ofsupport costs (see note 9)||643,706|669,146|
|Share ofgovernance|costs (see note 9)|32,301|35,099|
|||2,329,095|2,929,022|
|Analysis
by fund||||
|Unrestricted
funds||2,104,795|2,696,971|
|Restricted funds||224,300|232,051|
|||2,329,095|2,929,022|
##
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|9|Support costs|||||||
|---|---|---|---|---|---|---|---|
|||Support costs|Governance|2023|Support costs|Governance|2022|
||||costs|||costs||
||Staff costs|280,569||280,569|332,820||332,820|
||Depreciation|34,636||34,636|15,253||15,253|
||Finance costs|26,305||26,305|14,574||14,574|
||Training,
welfare R DB5|12,099||12,099|5,562||5,562|
||Volunteer expenses|3,327||3,327|4,014||4,014|
||Office administration|||||||
||expenses|55,934||55,934|94,228||94,228|
||Premises expenses|230,836||230,836|202,695||202,695|
||Audit fees||2,496|2,496||2,496|2,496|
||Legal and professional||7,452|?,452||2,687|2,687|
||Accountancy||10,727|10,727||10,980|10,980|
||Consultancy
fees||11,626|11,626||18,936|18,936|
|||643,706|32,301|676,007|669,146|35,099|704,245|
||Analysed
between|||||||
||Charitable
activities|643,706|32,301|676,007|669,146|35,099|704,245|
##
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|The aver|age|monthly|n|umber ofemployees
during the year was:|||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||Number|Number|
|Engaged|in|charitable|activities||50|51|
|Engaged|in|fundraising||activites|9|8|
|Engaged|in|management||and administration|6|7|
|Total||||||66|
##
##
|11|Employees||IContinued)|
|---|---|---|---|
||Employment
costs|2023|2022|
|||E|E|
||Wages and salaries|1,171,856|1,219,186|
||Social security costs|81,953|96,981|
||Other pension costs|20,690|21,927|
|||1,274,499|1,338,Q94|
##
##
|intangible
fi|xed assets|||
|---|---|---|---|
||||Nfebsite|
|Cost||||
|At 1April 2022||||
|Additions
—separately||acquired|3,192|
|At 31March|2023||3,192|
|Amortisation|and impairment|||
|At 1April 2022||||
|Amortisation|charged|for the year|89|
|At 31March|2023||89|
|Carrying amount||||
|At 31March|2023||3,103|
|At 31March|2Q22|||
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|14|Tangible fixed assets|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||Leasehold
land|Leasehold|Plant and|Fixtures and|Computers|Motor vehicles|Total|
||||and buildings|improvements|equipment|fittings||||
||||f||f||f|f||
||Cost|||||||||
||At 1April 2022||240,090|238,520|17,106|8,163|19,189|15,918|538,986|
||Additions|||113,380|13,767|4,716|9,451|2,528|143,842|
||Disposals|||||||(700)|(700)|
||At 31March 2023||240,090|351,900|30,873|12,879|28,640|17,746|682,128|
||Depreciation
and impairment|||||||||
||At 1April 2022||2,401|31,178|10,746|2,590|10,726|4,999|62,640|
||Depreciation
charged|in the year|9,604|25,131|3,550|1,603|5,593|2,713|48,194|
||At 31March 2023||12,005|56,309|14,296|4,193|16,319|7,712|110,834|
||Carrying amount|||||||||
||At 31March 2023||228,085|295,591|16,577|8,686|12,321|10,034|571,294|
||At 31March 2022||237,689|207,342|6,360|5,572|8,463|10,919|476,345|
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|Cost or valuation|
|---|
|At 1April 2022 83I March 2023|
|Carrying
amount|
|At 31March 2023|
|At 31March 2022|
||||||2023|2022|
|---|---|---|---|---|---|---|
||Other investments||comprise:|Notes|f|f|
||investments|in subsidiaries|||||
|16|Stocks||||||
||||||2023|2022|
||||||f|6|
||Work in progress|||||46,292|
||Finished goods and||goods for resale||'1,125||
||||||1,125|46,292|
##
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|17|Debtors|||||
|---|---|---|---|---|---|
|||||2023|2022|
||Amounts
falling due within one year:|||f|f|
||Trade debtors|||53,588|97,592|
||Other debtors|||3,431|6,811|
||Prepayments|and accrued income||29,604|18,496|
|||||86,623|122,899|
|18|Loans and overdrafts|||||
|||||2023|2022|
|||||f|f|
||Bank loans|||158,205|161,387|
||Otherloans|||123,748|134,534|
|||||281,953|295,921|
||Payable within||one year|13,797|14,272|
||Payable after|one year||268,156|281,649|
|Interest
is charged at|Interest
is charged at|3% abov|e base rate. The loa|n is secured
by a fixed ch|n is secured
by a fixed ch|n is secured
by a fixed ch|arge over the property at Firs La|arge over the property at Firs La|ne, Leigh.|
|---|---|---|---|---|---|---|---|---|---|
|The Big Issue Access
payment
off86,000.||loan of
Interest|f142,000, repayable
is fixed at 7%.The|by monthly
instalments
loan terms stipulate
that|||concluding
on April 2026 with
the loan must be used for the||a lump
sum
renovation
of|
|the warehouse
and|working capital.|||||||||
|Creditors: amounts|falling due within one year|||||||||
|||||||||2023|2022|
||||||||Notes|f|f|
|Bank loans||||||||2,256|3,550|
|Other loans||||||||11,541|10,722|
|Other taxation and|social security|||||||19,781|19,402|
|Deferred income||||||||89,161|13,842|
|Trade creditors||||||||41,426|101,959|
|Other creditors||||||||1,012|2,300|
|Accruals and deferred||income||||||47,248|51,818|
|||||||||212,425|203,593|
##
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|20|Creditors:|amounts|falling due after more than|falling due after more than|falling due after more than|one|year||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||2023|2022|
||||||||||Notes||||F|f|
||Bank loans||||||||18|||155,949||157,837|
||Other borrowings|||||||||||112,207||123,812|
|||||||||||||268,156||281,649|
|21|Restricted|funds|||||||||||||
||The income funds||ofthe charity|include|restricted||funds comprising||the following||unexpended||balances|of donations|
||and grants|held on|trust for specific purposes:||||||||||||
|||||Movement||in funds||||Movement||in funds|||
||||Balance at|Incoming|||Resources|Balance at||Incoming|||Resources|Balance at|
||||1April 2021|resources|||expended|1April 2022||resources|||expended|31March 2023|
||||f||||||f||||f|f|
||Food||||||||||||||
||Community||||||||||||||
||(formerly|food-|||||||||||||
||bank)||108,172|144,635|||(229,611)||23,196|120,841|||(144,037)||
||Afghan Relief||||||||||||||
||fund||||5,000||||5,QOQ||||(3,536)|1,464|
||Canal and||||||||||||||
||River Trust||||4,060||||4,060||||(4,060)||
||Lottery||||||||||||||
||Training
Fund|||1Q,QQQ|||(2,440)||7,560||||(6,495)|1,065|
||Levelling|Up|||||||||||||
||Housing
R.||||||||||||||
||Communities||||||||||64,477||(64,477)||
||Wildlife||||||||||||||
||Garden Grant||||||||||1,168||(969)|199|
||B8Q||||||||||||||
||Neighbourly||||||||||||||
||Foundation||||||||||5,000|||5,000|
||Manchester||||||||||||||
||Real Change||||||||||||(430)||
||Other||||||||||||||
||restricted||||||||||||||
||funds||||||||||296||(296)||
||||108,172|163,695|||(232,051)||39,816||192,297||(224,300)|7,813|
##
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|22|Analysis of net assets|Analysis of net assets|between|funds|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||Unrestricted||||Restricted||||Total|Unrestricted||Restncted||Total|
||||||funds|||funds|||||funds|fu nels|||
||||||2023|||2023|||2023||2022|2022||2022|
||||||||||f|||||f||f|
||Fund balances at|31|||||||||||||||
||March 2023 are||||||||||||||||
||represented
by:||||||||||||||||
||Intangible
fixed assets||||3,103||||||3,103||||||
||Tangible assets|||571,294||||||571,294|||476,345||476,345||
||!nvestments|||||1|||||1||1|||1|
||Current assets/(liabilities)|||136,865||||7,813||144,678|||197,697|39,816|237,513||
||Long term liabilities|||(268,156)||||||{268,156)|||(281,649)||(281,649)||
|||||443,107||||7,813||450,920|||392,394|39,816|432,210||
|23|Operating
lease|commitments|||||||||||||||
||The charity operates from a number of leased||||||premises.||||||||||
||At the reporting|end|date the|charity|had|outstanding|||commitments||for future||minimum|lease payments|under|non-|
||cancellable
operating||leases on properties|||rented||by the|charity,|which fall due as follows:|||||||
|||||||||||||||2023||2022|
|||||||||||||||f||f|
||Within one year|||||||||||||48,333||34,500|
||Between two and five||years|||||||||||52,500||31,425|
|||||||||||||||100,833||65,925|
##
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|25|Cash generated
from operations|||2023|2022|
|---|---|---|---|---|---|
|||||E|f|
||Surplus for the year|||18,710|5,166|
||Adjustments
for:|||||
||Loss/(gain)
on disposal oftangible fixed||assets|450|(4,321)|
||Depreciation
and impairment
of|tangible|fixed assets|48,194|19,574|
||Amortisation
of intangible
fixed|assets||88||
||Movements
in working capital:|||||
||Decrease/(increase)
in stocks|||45,167|(6,854)|
||Decrease in debtors|||36,276|76,539|
||(Decrease) in creditors|||(66,012)|(5,084)|
||Increase/(decrease)
in deferred|income||75,319|(130,874)|
||Cash generated
from/(absorbed|by) operations||158,192|(45,854)|