**REGISTERED CHARITY NUMBER: 1160433** ## **REPORT OF THE TRUSTEES AND** ## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** ## **FOR** ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** P B Syddall & Co Chartered Accountants Grafton House 81 Chorley Old Road Bolton Lancashire BL1 3AJ **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|4| |**Independent Examiner's Report**||5|| |**Statement of Financial Activities**||6|| |**Balance Sheet**||7|| |**Notes to the Financial Statements**|8|to|11| |**Detailed Statement of Financial Activities**||12|| ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021** The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** Our activities are carried out primarily at Nephra HQ which is a premises rented at 27 Parkfield Rd North, New Moston, Manchester, M40 3TB. In addition activities are carried at our allotment on Northfield Road, New Moston, and within the wider local community. In normal circumstances income is generated from day to day activities, ad hoc fundraising events, and from grants received. This would usually entail delivery of community based educational classes (typical class subjects include computer skills, arts/crafts, local history, music and language skills) and conducted social activities (e.g. luncheon club, film clubs), throughout the year. Also we have a befriending scheme which helps to develop our presence in the wider community, our allotment provides a focus for our public outdoor and environmental activities, and our periodic outings/holidays provide for popular social interaction. Due to the Covid-19 pandemic we were required to curtail our usual activities significantly during the year to 31 March 2021. Our services were adjusted to take account of the fact that our residents were unable to attend the Nephra centre for much of the year. Where possible our services were therefore taken out into the community, including a 'Meals on Wheels' service replacing our luncheon club. Toward the end of the financial year, once the Nephra centre reopened, we were able to make and sell small food items (at the centre and in the wider community) in order to boost our day to day income. Each of these activities is not otherwise available to local residents in any equivalent form; and hence we believe Nephra plays an important role in helping to bring together and educate people from all parts of the local community. No specific fundraising events were held in the year, due to the Covid-19 pandemic. Also, we were unable to proceed with any planned periodic outings or holidays, for the same reason. Grants were received from a number of sources, including the National Lottery, Manchester City Council (MCC), the Opens fund, NHS Manchester CCG, Forever Manchester, and TSB. A number of these grants were to support or Meals on Wheels community travel, befriending and other community efforts during the pandemic. Page 1 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021** ## **FINANCIAL REVIEW** ## **Reserves policy** At 31 March 2021 there remain unrestricted cash reserves available to Nephra of £14,306. This is a total sum held in Nephra's main bank account, plus a smaller amount of cash on hand. This is available to assist with the future day to day activities of Nephra, should this be required. ## **Annual Review** Our financial statements show net incoming resources for the year of £98,170 which includes: - Grant income £77,606 The whole (£77,706) of these funds were spent on delivering services to the community, in accordance with the terms of the grants. There are no remaining 'restricted' funds - Income from other day to day activities was £20,249. These included income from Meals on Wheels, sales of food as well as other small ad hoc income receipts.Expenses incurred on these items were £15,501. In addition an amount of £315 rental income was received in the year. Total outgoings for the year were £93,107; consisting of grant expenditure £77,606, expenses of day to day activities £1,818. other regular outgoings £6,285 for utilities telephone, travel costs, repairs, postage and stationery plus depreciation on computer and other equipment of £7,398. The difference between total income £98,170 and expenditure £93,107 represents a profit of £5,063 for the year. These profits (along with other reserves) are intended to be retained for future use as the trustees determine appropriate. All trustees give of their time freely and no remuneration or expenses were paid in the year for their work as acting as trustees. Professional fees are however sometimes paid to tutors to prepare and deliver certain educational classes under terms agreed and authorised by the trustees, and in accord with grants provided by Manchester City Council. All such fees are paid by agreement of the trustees. Other classes and activities are delivered on a voluntary basis. We enjoy tax exemption on all our regular activities as these are applied for our charitable aims along with exemption from business rates on the property we occupy for our charitable purposes. Nephra is not currently registered with HM Revenue and Customs for VAT or Gift Aid purposes. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The Charity is a Charitable Incorporated Organisation that was established by a trust deed dated 11 February 2015. ## **Recruitment and appointment of new trustees** The trustees were initially appointed for a period of two years and will be re-elected annually subject to the agreement of a majority of the other trustees and assuming their own willingness to continue to act as a trustee. The power of appointing and removing new or existing trustees is invested in the trustees. Page 2 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Organisational structure** The trustees are responsible for setting Nephra's strategy, the primary focus of which is on the education and development of our community, through the pursuit of Nephra's stated aims. We welcome people from all backgrounds, and work as an equal opportunity organisation which is free from any form of discrimination on the grounds of colour, race, ethnicity, religion, sex, sexual orientation or disability. We also make reasonable adjustments to meet the needs of those who are or become disabled and we re committed to safeguarding and promoting the welfare of all parties and at all locations within the community where Nephra operates. For example any staff member, service provider, volunteer, or other worker, potentially coming into contact with vulnerable persons (of any age) will be subject Disclosure Notice and Barring (DNB) checks as well as being trained in our policies and principles. The trustees determine the general policy and activities of the charity, along with input from other volunteers who are asked to contribute to our management committee. The trustees, along with any management committee members, meet on a regular basis (at least six times a year) to discuss and agree the overall management and control of the charity, along with any upcoming future events and requirements. The trustees and Nephra centre management maintain an effective and necessary control on the finances of the charity relative to its size and level of operation. This includes recording and countersigning of cash income and obtaining receipts for expenditure. Payments to and from the bank account are also cross checked, with each cheque requiring two signatories. ## **Related party transactions** All trustees give of their time freely and no remuneration or expenses were paid in the year for work as acting as trustees. One of the trustees, whilst receiving no payment for trustee work, also acts in a separate capacity where they are paid professional fees to act as tutors in preparing and delivering certain classes to Nephra. These services are supplied under terms as agreed to be open and objective, as authorised by other trustees, and funds are expended in accord with terms of grants provided by Manchester City Council. The trustee has received the following sums during the year consisting of professional tutoring fees plus reimbursement of actual day to day expenses incurred: Iris Cooper £1,200.. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1160433 ## **Principal address** 27 Parkfield Road North Manchester M40 3TB Page 3 PIIRA GOOD NEIGH￿*[..1lS CHAWTABLE 4CORPOIL4TED ORGANISATIO REPORT OF THE TRUSTELS FOR THE YEAR &NDED31 AIL4RCH 2021 D Mwphy (]wr S CJick WR¢e Chw'r I C(H)perTreasuTer B Stephe￿$ BoiveTbank R Butler H Bockholt Imort E Rich8r H M¢Donaid Ms J Brierly (ap￿>￿￿ted 1.4.20) Ms C Mcconnell {ap￿l￿ted 1.4.20) lll&peJ*deDt Exam¥ner AJ Syddall M.A .4.C.A. PBSyddall&Lo Chartered Acco￿tr￿ts 81 ChoEley Old lioad Bolton Lan¢athiTe BLI 3AJ Approvedby ordet of the board of tmstees on 10 January 2022 and $i￿ed on its behalfby. D Mwpfy. Tnwee P¥4 l￿DEPENDE1¥f EXAMIYER'S RF.PORTTO THE TRLSTEES OF NEPHRA GOOD f*EIGIIBOURS CHARITABLE INCORPORATED ORG￿ThISATION Independent e.xaminer.s report to the trusttts of liephr) Good N¢ighbours Cb*ritable Ineorpornted Organi5ation I report to ihe chari() truste¢5 on mv eyamination of the of >4ephra lieighbours Charitable Incory)oiated Organisaiion {the Trust) for the year ended i l March 2021. Responsibilities basis of report As the charity trusieLS of the Tn]sr Jou are responsible for the preparation of the accounts in accordance w'ith lh¢ reqllirements of the Charities Act 201 I Iyhe Act). I report in respect of my examination of the TnL%Vs aCCOUDts ￿￿led under se¢(ion 145 of ihe A¢t and in ¢arryin" out URY examination I have followed all applicabl¢ Directions given by the Charity Commission under section 145(5Mb) of the Ad. Independ¢JJt examintrfs st*l¢ment I have ¢ompl¢ied m), examination. I confimTr ihat no material ma¢ters hove come (o attention in connection with the examination giving me cause to believe that in any rnaterial reS￿￿L accounting records Ntre not kept Tll res￿1 of the Trust as required by section 130 of th¢ A¢L or the acrounts do noi ac¢ord with those re£or&s- or the accounts do noi compl)" ii'ith the applicable requiretuents concerning the forn and content of accounts Set our in the Charities {Acwunrs and Reports} Re(Fulations 2008 other thall any requIre￿ent that the accounts ojve a true and farr view which is not a matter considered &% part of an independent examination. I have Do eOTwerns have come acTOSS no other lllatrers in connection with the examination to which attention should be drawTr in this report in order to enable a proper understanding of the ￿CoUnts to be reached. LWI A J Swddall M.A. A.C.A. P B Syddall & Co Chartered Accountaftts Grdfton House 8 I Chorley Old Road Bolton Lancashir¢ BLI 3AJ 10 JaDUary 2022 Page 5 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021** |Unrestricted
Restricted
fund
fund
Notes
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**20,564**
**77,606**
**EXPENDITURE ON**
Other
**15,501**
**77,606**
**NET INCOME**
**5,063**
**-**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**16,639**
**-**
**TOTAL FUNDS CARRIED FORWARD**
**21,702**
**-**|**2021**
**Total**
**funds**
**£**
**98,170**
**93,107**
**5,063**
**16,639**
**21,702**|2020
Total
funds
£
70,702
66,975| |---|---|---| |||3,727
12,912| |||16,639| The notes form part of these financial statements Page 6 NEPARA GOOD YEIGHKIUKS CHARrrAB tr4CY)RPORATED ORGAF4lSATIO BALLPICE SHEEr 31 IlL￿(￿ 2021 2020 Totsl f￿d$ Rethicied f￿Ad Tothl funds fimd TJtgble wets 7J90 1120 CURRENT ASSETS Debtors Cash at bank andin h*Trd 575 1,295 23.351 .140 &079 SJ,140 6SJ19 24.646 CREDrroRS Amounts fallin8 due within one year 1773} (￿,14￿￿ {50,913) 110.127> 14J06 14.519 TOTALA&SKIS LFSS CtIRRENr LIABILITIES 21,71F2 21,702 16.639 Nyf WETS 21.702 21,702 16.639 FIINDS Unr&4riCt￿ fimds 21.702 16,639 TOTAL FUPIDS 21.702 1fy639 The financial statements were 4)prOV￿ by the Board ofTnLStrs •d for issi]e (m 10 JaTruary 2022 and ￿￿te •￿ed on its bdwtf by.. Dmurphv. Tn&ee Thellot&5 forni partof thesefiDaNiai statsttEllts p￿e7 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer equipment - 50% on cost ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020. ## **Trustees' expenses** I Cooper, trustee, has received £1,200 during the year consisting of professional tutoring fees plus reimbursement of actual day to day expenses incurred. There were no other trustee expenses paid during the current or previous year. continued... Page 8 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021** ## **3. TANGIBLE FIXED ASSETS** |**3.**|**TANGIBLE FIXED ASSETS**|||| |---|---|---|---|---| |||||Computer| |||||equipment| |||||£| ||**COST**|||| ||At 1 April 2020|||**11,994**| ||Additions|||**12,674**| ||At 31 March 2021|||**24,668**| ||**DEPRECIATION**|||| ||At 1 April 2020|||**9,874**| ||Charge for year|||**7,398**| ||At 31 March 2021|||**17,272**| ||**NET BOOK VALUE**|||| ||At 31 March 2021|||**7,396**| ||At 31 March 2020|||2,120| |**4.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||**2021**|2020| ||||**£**|£| ||Prepayments||**575**|1,295| |**5.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||**2021**|2020| ||||**£**|£| ||Accruals and deferred income||**50,913**|10,127| |**6.**|**MOVEMENT IN FUNDS**|||| ||||Net|| ||||movement|At| |||At 1.4.20|in funds|31.3.21| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|**16,639**|**5,063**|**21,702**| ||**TOTAL FUNDS**|**16,639**|**5,063**|**21,702**| continued... Page 9 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021** ## **6. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|**20,564**|**(15,501)**|**5,063**| |**Restricted funds**|||| |Restricted|**77,606**|**(77,606)**|**-**| |**TOTAL FUNDS**|**98,170**|**(93,107)**|**5,063**| |**Comparatives for movement in funds**|||| |||Net|| |||movement|At| ||At 1.4.19|in funds|31.3.20| ||£|£|£| |**Unrestricted funds**|||| |General fund|12,912|3,727|16,639| |**TOTAL FUNDS**|12,912|3,727|16,639| |Comparative net movement in funds, included in the above are as follows:|||| ||Incoming|Resources|Movement| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|30,923|(27,196)|3,727| |**Restricted funds**|||| |Restricted|39,779|(39,779)|-| |**TOTAL FUNDS**|70,702|(66,975)|3,727| continued... Page 10 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021** ## **6. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined position is as follows: |||Net|| |---|---|---|---| |||movement|At| ||At 1.4.19|in funds|31.3.21| ||£|£|£| |**Unrestricted funds**|||| |General fund|12,912|8,790|21,702| |**TOTAL FUNDS**|12,912|8,790|21,702| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|51,487|(42,697)|8,790| |**Restricted funds**|||| |Restricted|117,385|(117,385)|-| |**TOTAL FUNDS**|168,872|(160,082)|8,790| ## **7. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2021. Page 11 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021** ||2021|2020| |---|---|---| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Grants|**77,606**|42,122| |Fundraising activities|**-**|1,598| |Day to day classes and activities|**20,249**|11,596| |One-off activities and outings|**-**|15,266| |Rental income|**315**|120| ||**98,170**|70,702| |**Total incoming resources**|**98,170**|70,702| |**EXPENDITURE**||| |**Other**||| |Premises utilities|**8,715**|7,782| |Fundraising expenses|**-**|436| |Class and activities expenses|**76,230**|38,154| |One-off outings and activities expenses|**-**|16,665| |Travel expenses|**-**|804| |Postage and stationery|**439**|251| |Repairs and maintenance|**25**|462| |Accountancy|**300**|300| |Computer equipment|**7,398**|2,121| ||**93,107**|66,975| |Total resources expended|**93,107**|66,975| |**Net income**|**5,063**|3,727| This page does not form part of the statutory financial statements Page 12