**REGISTERED CHARITY NUMBER: 1160433** ## **REPORT OF THE TRUSTEES AND** ## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **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 2022** |||**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 2022** The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. 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. Income is generated from day to day activities, ad hoc fundraising events, and from grants received. This entails 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. In the year to 31 March 2022, our usual activities began to return to normal, slowly, following the Covid-19 pandemic. Our services were adjusted to take account of a certain degree of limitations on social mobility due to the pandemic. Where necessary our services were therefore taken out into the community as well as delivered at Nephra HQ. We have also been 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. A number of fundraising activities have been undertaken, the largest of which being our Christmas Fayre, with a number of other smaller discrete activities. Our periodic outings and holidays were able to recommence during the year. Grants were received from a number of sources, including the National Lottery, Manchester City Council (MCC), the Opens fund, NHS Manchester CCG, The Big Life Fund, TSB and Jigsaw Group Homes. A number of these grants were to support our community delivery of meals, community travel, befriending, IT support and other community efforts. Page 1 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022** ## **FINANCIAL REVIEW** ## **Reserves policy** At 31 March 2022 there remain unrestricted cash reserves available to Nephra of £38,053. 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. ## **Annual Review** Our financial statements show incoming resources for the year of £239,783 which includes: - Grant income £205,924 £126,052 of these grant funds was spent on delivering services to the community, in accordance with the terms of the grants. The balance £79,872 of restricted funds is ringfenced, to help cover a number of identified activities and expenses planned to be undertaken in subsequent years. - Income from other day to day activities was £32,818. These included income from Nephra HQ community activities, sales of food as well as other small ad hoc income receipts. Expenses incurred on these items were £14,997. In addition an amount of £1,041 rental income was received in the year. Total outgoings for the year were £141,049 consisting of grant expenditure £126,052, expenses of fundraising activities £1,053, outings and activities £952, other expenses of day to day to day activities £8,393 plus depreciation costs £3,699. The difference between total income £239,783 and expenditure £141,049 represents a profit of £98,734 for the year. As mentioned £79,872 relates to restricted funds, which is ringfenced, to cover a number of identified activities and expenses planned to be undertaken in subsequent years.The balance of the profit £18,862 (along with other reserves) is 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 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 2022** ## **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 £2,010. ## **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 NEPHR4 NTIGHBOLRS CIL4RTTABLE INCORPORATED ORGANIS.4TION RF.PORT OFTHE TRLISTEES FOR THE ITAR ENIIED 31 P+l.4RCH 2022 Trustees D Mu]phy Chair S c.tick Vice Chair I C1¥operTre￿llrer B Sfrphens N Bowerbank R Butler H B￿kh01t Imort F. Richa H McFJonJd MSJ Brierly Ms C Mcconnell IndependeThi Examiner A J Syddall M.A. A.C.A. P B Syddall & Co Chartcrcd Accow)￿ts Graftoll House 81 Cboriey Old Ro*J Bolton Lantashi BLI 3AJ Approyedbv orderof the Fwd of mLSreesoo 22 Dtc¢fftkn2022 •ndggll￿I on its behalfby.. D MuTphy- Trustee 2è-/ Page 4 INDEPENDKiwf EXAMINER'S REPORT TO THE TRUSTEES OF NEPHRA GOODNEIGHBOURS CHARITABLE INCORPORATED ORGANISATION l￿dePendent examiner's r¢port to the tnisiets of N¢phra Good Ndghboun Chsrltable Incorporated Orggnlx•tlo I report to th¢ charity tNstses on my ¢xornination of th¢ &ccounts of Nephm CN)od Neighbouts ChaTitsble Incorr￿¢￿ Or8anisatiot) (the Tn￿) for ihe y¢8rende4t 31 m?￿h 2022. Ruponsibllltiel and ba515 of report A5 the charily trustees of th¢ Trust you ar¢ responsible for the prepardtion of the acujunts in accordance with the requir¢ments of the Charities Arf 2011 (kne Ael'l. I report in respect of my examination of the TrU￿'S Accounts earried oui under S¢¢tion 145 of the Aa and in canyin8 QUI my cxamin8¢ioth I have followed all applscable Directions 8iv¢n by the Charity Commi55ion und¢r Section 145(5Xb) of the Ad. Indept4detht ex4mlner's 5t*temrnt I have ¢ompleted my examination. I confimj that no material matt¢rs hav¢ come to my attention in conn¢￿iOn with the examination giving m¢ ￿use ￿ believ¢ thai in atty material respect.. accounting recor& were not kept in respect of the Tnjsi as required by Se￿10n 130 of th¢ Aa; or the ¥counis do not aword with those rxords,. or the accounts do not comply wkth the applicable requir¢ments concerning the fomi and ¢onient of ￿CoUnt$ set out in ihe CharitTres IA¢counts and Reports) Regulations 2008 other than any requirement that the xcounts give a lrne and fair view which is not a matter ¢onsidered as part of an independent ¢xamination. I have rK> 1X>ncen￿ Bnd have wme aGro5s no other matt¢rs in connection with the ¢xAminatÉ¢)n lo which attcntion sh)uld be drawm in this rewt in order to ¢Thble a proper und¢rstRb)ding ofthe a￿￿nts to be reached. A J SYdd￿l M.A. A.C.A. P B Syddttll & Co Chanered Accountants Grafton House 81 Chorley Old Road Bo1￿￿ Lanc&%hiTe BLI 3AJ 12 January 202J P4e5 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022** |Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**33,859**
**EXPENDITURE ON**
Other
**14,997**
**NET INCOME**
**18,862**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**21,702**
**TOTAL FUNDS CARRIED FORWARD**
**40,564**|Restricted
fund
£
**205,924**
**126,052**
**79,872**
**-**
**79,872**|**2022**
**Total**
**funds**
**£**
**239,783**
**141,049**
**98,734**
**21,702**
**120,436**|2021
Total
funds
£
98,170| |---|---|---|---| ||||93,107| ||||5,063
16,639| ||||21,702| The notes form part of these financial statements Page 6 NEPIt1i4 G(KJD NTIGHBOLILS CH.4RITABLE LNCORPORATED ORCANISATIO B￿NCE SHEET 31 hlARCH 202? 2rf)22 Total lld5 2021 Total funds Notes FIXED ASSETS TaMLrible assets 97 3,697 7?96 Debtors Cgsh at bank 2ndintsa￿t 575 3&0iJ 79J72 l17.925 39J93 79*72 119,765 65,219 CREDITORS Amounts falling resources
£
**Unrestricted funds**
General fund
**33,859**
**Restricted funds**
Restricted
**205,924**
**TOTAL FUNDS**
**239,783**
**Comparatives for movement in funds**
At 1.4.20
£
**Unrestricted funds**
General fund
16,639
**TOTAL FUNDS**
16,639
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
20,564
**Restricted funds**
Restricted
77,606
**TOTAL FUNDS**
98,170|Resources
Movement
expended
in funds
£
£
**(14,997)**
**18,862**
**(126,052)**
**79,872**
**(141,049)**
**98,734**
Net
movement
At
in funds
31.3.21
£
£
5,063
21,702
5,063
21,702
Resources
Movement
expended
in funds
£
£
(15,501)
5,063
(77,606)
-
(93,107)
5,063| |---|---| continued... Page 10 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022** ## **6. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined position is as follows: ||||Net|| |---|---|---|---|---| ||||movement|At| ||At 1.4.20||in funds|31.3.22| |||£|£|£| |**Unrestricted funds**||||| |General fund|16,639||23,925|40,564| |**Restricted funds**||||| |Restricted||-|79,872|79,872| |**TOTAL FUNDS**|16,639||103,797|120,436| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Restricted
**TOTAL FUNDS**|Incoming
resources
£
54,423
283,530
337,953|Resources
Movement
expended
in funds
£
£
(30,498)
23,925
(203,658)
79,872
(234,156)
103,797|Resources
Movement
expended
in funds
£
£
(30,498)
23,925
(203,658)
79,872
(234,156)
103,797| |---|---|---|---| ||||103,797| **7. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2022. Page 11 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Grants
Fundraising activities
Day to day classes and activities
One-off activities and outings
Rental income
**Total incoming resources**
**EXPENDITURE**
**Other**
Premises utilities
Fundraising expenses
Class and activities expenses
One-off outings and activities expenses
Travel expenses
Postage and stationery
Repairs and maintenance
Accountancy
Computer and digital consumables
Computer equipment depreciation
Total resources expended
**Net income**|2022
£
**205,924**
**5,729**
**22,318**
**4,771**
**1,041**
**239,783**
**239,783**
**9,336**
**1,053**
**102,422**
**6,822**
**255**
**2,100**
**2,626**
**306**
**12,430**
**3,699**
**141,049**
**141,049**
**98,734**|2021
£
77,606
-
20,249
-
315| |---|---|---| |||98,170| |||98,170
8,715
-
76,230
-
-
439
25
300
-
7,398| |||93,107| |||93,107| |||5,063| This page does not form part of the statutory financial statements Page 12