**REGISTERED CHARITY NUMBER: 1160433** ## **REPORT OF THE TRUSTEES AND** ## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023** ## **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 2023** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|5| |**Independent Examiner's Report**||6|| |**Statement of Financial Activities**||7|| |**Balance Sheet**||8|| |**Notes to the Financial Statements**|9|to|13| |**Detailed Statement of Financial Activities**||14|| ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. 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** ## **Objectives and aims** Nephra's objectives and aims are: (1) to promote the benefit of the inhabitants in the area of benefit without discrimination to advance education and social welfare for recreational and leisure-time occupation with the object of improving the conditions of life for the inhabitants; (2) to establish a community centre and organic allotment to maintain and manage the same, whether alone or in co-operation with any statutory authority or other person or body; and (3) to promote such other purposes as are charitable according to the laws of England and Wales for the benefit of the public as may from time to time be determined. ## **Public benefit** The activities of Nephra are all community-based charitable objectives as set out in our governing document. Some of Nephra's activities are geared toward particular targeted groups e.g. older/isolated people and some are of a more general community nature however, all activities are for the benefit of the public including educational, mental/physical health based activities and social benefits, developing life skills and ensuring positive integration of the community. The trustees consider that during the year under review they have successfully achieved the objectives of providing relief for those in need and have given due regard to the guidance published by the Charity Commission on public benefit. Page 1 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** ## **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. The year to 31 March 2023 saw the continuance and expansion of our community based activities following the Covid-19 pandemic. Where possible our services were therefore taken out into the community as well as delivered at Nephra HQ. For example we have 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. During the year we also commenced offering our 'handy helper' service, which offers practical DIY skills to the community at a modest price. 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. Grants were received from a number of sources, including the National Lottery, Manchester City Council (MCC), the Opens fund (OMVCS), The Charity Service, NIF, Jigsaw Group Homes and Allen Lane Foundation. A number of these grants were to support our community delivery of meals, community travel, befriending, IT support and other community efforts. ## **FINANCIAL REVIEW** ## **Reserves policy** At 31 March 2023 there remain unrestricted cash reserves available to Nephra of £69,013. 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. Page 2 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** ## **FINANCIAL REVIEW** ## **Annual Review** Our financial statements show net incoming resources for the year of £172,107 which includes: - Restricted grant income £114,217 was received in the year. In addition £79,872 of grant income was brought forward from the previous year, this had already been treated as income in the previous year's accounts (total grant income therefore available £194,088, of which current year income was £114,217). £154,757 of these grant funds (£79,872 of prior year funds and £74,885 of current year funds) was spent on delivering services to the community, in accordance with the terms of the grants. The balance £39,332 of restricted funds is ringfenced, to help cover a number of identified activities and expenses planned to be undertaken in the following year to 31 March 2024. - Income from other day to day activities was £57,890. This included income from Nephra HQ community activities, sales of food as well as other small ad hoc income receipts. In addition an amount of £395 rental income was received in the year. Expenses incurred on these items were £27,561 Total outgoings for the year were £182,320 consisting of grant expenditure £154,757 (includes £74,885 current year's grants expended, see breakdown above), expenses of fundraising activities £211 outings and external activities £17,314, expenses of day to day to day classes and activities £7,285, other miscellaneous expenses (premises and utilities, travel expenses, postage & stationery, repairs & maintenance, computers, professional fees) £1,115 plus depreciation costs £1,849. The difference between total current year income £172,107 and expenditure £183,320 represents a prima facie loss of £10,213 for the year (offset against the previous year's profits). This is mainly a reflection of the timing difference mentioned above, whereby £79,872 of the expenses incurred in the year related to restricted fund income received in the year to 31 March 2022 (shown as income for that year, but which were actually expended on identified activities and expenses undertaken in the year to 31 March 2023 ). Similarly £39,332 grant income shown as received in the year to 31 March 2023 has been ringfenced to cover anticipated expenses in the following year to 31 March 2024. The balance of non-restricted profits £30,327 (along with other unrestricted reserves brought forward £40,565) is intended to be retained for future use as the trustees determine appropriate. ## **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 3 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** ## **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. 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. ## **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. Professional fees are however occasionally 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 either by Nephra employees or on a voluntary basis. ## **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 4 NEFHIL4 GOOD ￿[GHBoL￿ CEtARrrABLE IICORP0114TED ORC"AII&4TIO REPORT OF THE TRLISTEFS FOR THE Y￿R ENDED 31 MARCH 2011 Trustees D Muryhy- Chair (until 22.01.23) C Nixoll- ChaiT (from 23.01.23) laMN)inted U.l.?Jl S Cnck- Vicc Ctair lulltil 28.(Tr2231 I Co(y¢r- TreasuTEr N Bometht R Butlcr J BIieEIy C Mcconnell A Bray (appointed 1.4221 B Crick lappointa4 1_4.22) M Faulkes lappoittted 1.4.22) Independent Examincr A J Svddall M.A. A.CA. P B Syddall & Co CThartered Accoullrattts rafton House 81 Chori¢y Old Road Bolton Lanca5hire BLI 3AJ STATEMEIIT OF TrUSTEES' RESPOYSIBILITIES The In￿te￿4 ar¢ r¢S￿n57￿1e for pFeT)aTing the Rryrt of the Tn]sLees and the financial staternents in a£￿￿￿¢¢ wth applicable law ¥ndLDiiedKinodom Accounting staT￿lar& (United Ktngthjn Gtneral)J Acc¢pt&d AccountingPractic¢). The law 3pplirJble to chatitie5 in Ellglalld th Wale& the cl￿titieS .4ct 2011, ChaTirv (Aecoutsts and Rewts) Regulations 2008 al￿ the pr0I75ioDs of the deed the t[￿￿¢¢$ ts) prepare fiTLHnaal statements for each financial ytar whj.ch giv¢ a and fair of the stai¢ of affai￿ of the charity ￿]d of the incoTning Yes{K￿CeS and application of resources: iticluditig the incorne ajjd ￿[*￿"￿][¢. of the ch3rity" foT thai ￿jO(l In prerAFing thos¢ f)￿￿¢1￿1 states]￿lts, thets￿￿tefund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**57,890**
**EXPENDITURE ON**
Other
**27,563**
**NET INCOME/(EXPENDITURE)**
**30,327**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**40,564**
**TOTAL FUNDS CARRIED FORWARD**
**70,891**|Restricted
fund
£
**114,217**
**154,757**
**(40,540)**
**79,872**
**39,332**|**2023**
**Total**
**funds**
**£**
**172,107**
**182,320**
**(10,213)**
**120,436**
**110,223**|2022
Total
funds
£
239,783| |---|---|---|---| ||||141,049| ||||98,734
21,702| ||||120,436| The notes form part of these financial statements Page 7 NEPHRpl f.OOD YEIC.HBOLIIS CH.4RrtABt INCoRPO￿￿TED ORG￿11￿4TIO BALAYCE SHEET 31 hfARCH 2023 2023 2022 Totsl fijnd nd funds FtXF.D L&SITS Tangibl¢ assets 3.697 CURRF.Trrr ASSETS Debiors Cash al bank and hattd 1.840 117.925 69.013 39J32 IIIK345 69J93 39J32 10&925 119.765 CREDrroRS Amounts falling thiewithin ODcyear {>50) 15501 (3.0261 T c￿U{EL￿T ASSETS 69.IM3 39J32 108J75 116.739 TOTAL ASSETS LE&S CIIRRLYt LVABILITITr-S 70191 39J32 IlQ22 120,436 7V91 39?32 110323 120.436 Unrestri¢(ed fill) Restricted furLd5 70391 39J32 40561 79￿72 TOTAL FLY*Y)S 1102 120,436 The finaneia] statements approved by the BoaJd of Tn]stefs gnd for issue on 3 January 2024 and were sigtKd on its Idwlf by.. C Nixott- Tti P4￿8 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023** ## **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. ## **CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY** In the application of the charity's accounting policies the trustees are required to make judgements estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparently from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of revision and future periods where the revision affects both current and future periods. There were no estimate or assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities. ## **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. ## **GOING CONCERN** At the time of approving the accounts the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the accounts. continued... Page 9 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. ## **TRUSTEES' EXPENSES** I Cooper, trustee, has received £550 during the year for the reimbursement of day to day expenses incurred. There were no other trustee expenses paid during the current or previous year. ## **3. STAFF COSTS** |Wages and salaries
The average monthly number of employees during the year was as follows:
Administration
No employees received emoluments in excess of £60,000.
**TANGIBLE FIXED ASSETS**
**COST**
At 1 April 2022 and 31 March 2023
**DEPRECIATION**
At 1 April 2022
Charge for year
At 31 March 2023
**NET BOOK VALUE**
At 31 March 2023
At 31 March 2022|**2023**
2022
**£**
£
**70,647**
53,454
**70,647**
53,454
**2023**
2022
**3**
3
Computer
equipment
£
**24,668**
**20,971**
**1,849**
**22,820**
**1,848**
3,697| |---|---| ## **4. TANGIBLE FIXED ASSETS** continued... Page 10 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Prepayments
**6.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Accruals and deferred income
**7.**
**MOVEMENT IN FUNDS**
At 1.4.22
£
**Unrestricted funds**
General fund
**40,564**
**Restricted funds**
Restricted
**79,872**
**TOTAL FUNDS**
**120,436**
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
**57,890**
**Restricted funds**
Restricted
**114,217**
**TOTAL FUNDS**
**172,107**|**2023**
2022
**£**
£
**580**
1,840
**2023**
2022
**£**
£
**550**
3,026
Net
movement
At
in funds
31.3.23
£
£
**30,327**
**70,891**
**(40,540)**
**39,332**
**(10,213)**
**110,223**
Resources
Movement
expended
in funds
£
£
**(27,563)**
**30,327**
**(154,757)**
**(40,540)**
**(182,320)**
**(10,213)**| |---|---| continued... Page 11 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **7. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** ||||Net|| |---|---|---|---|---| ||||movement|At| ||At 1.4.21||in funds|31.3.22| |||£|£|£| |**Unrestricted funds**||||| |General fund|21,702||18,862|40,564| |**Restricted funds**||||| |Restricted||-|79,872|79,872| |**TOTAL FUNDS**|21,702||98,734|120,436| Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Restricted
**TOTAL FUNDS**|Incoming
resources
£
33,859
205,924
239,783|Resources
Movement
expended
in funds
£
£
(14,997)
18,862
(126,052)
79,872
(141,049)
98,734|Resources
Movement
expended
in funds
£
£
(14,997)
18,862
(126,052)
79,872
(141,049)
98,734| |---|---|---|---| ||||98,734| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Restricted
**TOTAL FUNDS**|At 1.4.21
£
21,702
-
21,702|Net
movement
in funds
£
49,189
39,332
88,521|At
31.3.23
£
70,891
39,332| |---|---|---|---| ||||110,223| continued... Page 12 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **7. MOVEMENT IN FUNDS - continued** 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
£
91,749
320,141
411,890|Resources
Movement
expended
in funds
£
£
(42,560)
49,189
(280,809)
39,332
(323,369)
88,521| |---|---|---| ## **8. RELATED PARTY DISCLOSURES** I Cooper, trustee, received £650 (2022 £440) for the provision of professional tutoring fees. ## **9. RESTRICTED FUNDS** At the balance sheet date there were a number of restricted funds with amounts still available to cover expenditure. Details of the funds and their purpose are below - |Allen Lane Foundation|Funding for a "handy helper"| |---|---| |GMP|Panto funding| |J T Blair Chairty|To fund day trips| |National Lottery|Funding for a "handy helper" and salary costs| |OMVCS|Salaries and sundry activities| |The Charity Service|Christmas events and Tuning-in sessions| |Young Manchester|Salaries| Page 13 ## **NEPHRA GOOD NEIGHBOURS CHARITABLE INCORPORATED ORGANISATION** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023** |**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**
Wages
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
Insurance
Bank charges
Computer equipment depreciation
Total resources expended
**Net (expenditure)/income**|2023
£
**129,015**
**12,663**
**13,946**
**16,088**
**395**
**172,107**
**172,107**
**70,647**
**9,394**
**5,347**
**52,569**
**22,871**
**778**
**1,635**
**2,017**
**250**
**13,502**
**1,374**
**87**
**1,849**
**182,320**
**182,320**
**(10,213)**|2022
£
205,924
5,729
22,318
4,771
1,041| |---|---|---| |||239,783| |||239,783
53,454
9,336
1,053
48,968
6,822
255
2,100
2,626
306
12,430
-
-
3,699| |||141,049| |||141,049| |||98,734| This page does not form part of the statutory financial statements Page 14