Company ro8lsvatlon number.. 09553437 crIty gIStratIOn number.. 1164837 St Antony's Centre for Church & Industry IA mplY Ilrnlted byiu•r•nte•l Annual Report and Fln¥ncthl St•t•ments for the Year Ended 31 March 2025 Thè Moffatts Partnershlp LLP Sutte 1.1 Flr5t Floor Jackson House Slbson Road Sale M33 7RR
St Antonvs Centre for Church & Industry Contents Referen artd AdmIntffdt DetaS1s Trnstaes, Report 2to6 ststement ofTrustees' Rwponslbllltles 1ndènd8mt ExamlMVs port Stat•mént of Flnanclal Actfvitles Bal•nce Sheet iotoii Notei tothe FJn•ncl•l Statsments 12to23
St Antony's Centre for Church & Industry Reference and Admlnlstratlve Detalls Chalrrnon O Wllllarns Trust MrKW Flanagan Ms M P Gregory Ms E L Hargreaves RÈ¥ J A C Clarke M5 D M Ridlng M$J Jolllffe O Wllllams Charlty ReB551ratk>n Nurnber 1164837 Comp)ry Numb•r 09553437 The charty Is IncOrrd In England. St Arrtorhy's Centre forChuTch & Industry Eleventh Street Trafford park Manchester M17 UF slered Offl Independert Emwnlner The Moffatts PartW5hlp LLP se 1.1 Flrst Floor Jackson House 51bson Road Sale M33 7RR Page I
St Antony's Centre for Churth & Industry Trustees. Report The trurtes, who aro dlretton for the purp)ses of company law. wesknt annual rert towher wlth the flnarKlal ststements and audltors. rewrt oftt th•th•bSe conyryforthe re1led 31 Mh 2025. Th• charlty L% 8o¥erned tythe Memorarrtlurn •nd Ar Incoryrat•d 21 Aprll 2015 K amended SPeC ftesolutlon5 d•tsd 9 November 2015 15 reqhtered at Com$ Note on 20 Ntyember 2015. l•tlonihlps wllh r•l•tedp•thi GMat•r mandrt•r•l MIMlon Greater M•nchester Iru$trIaI opErates from the St Scentre Churth & Irthstry. StAntorfs Centre provldes The obhetts of thiilty am. In •ccord•rtce wlth Its Itom•n C•ttrKlk or¥ns •nd h•rlt•8e, to further tr folbwlne exdu$WI ¢h•rlt•ble purposK In •¢¢tsrd¥K• wlth the terfs v•kns of the ChfhV•n falth for tt ber of people of ¥ll f•th5 and rh)ne: IA) The advartemènt of ethc•tknn In partlcutsf rnse•tth aThl WaClk•l •pplk•tlon ot ChrtStn loc1 te•chlws to economlc and communlty Issues; 161 Th• rnll•f of pmrty •nd IhwKI hlrdshlp In p•rtSuA•r ty facllt•tky artd etKournAlnB the est•bllshment ¥nd malntenance of learnlw )1 resoue centres •nd proietts through whkh to wo¥lde traInI advte and support to those wlth low or no qsJalWk•tkMs •ndlor skllls •nd to unemplo¥e4 Ir1 supportlnl •nd enatsllng hllh qualty. approprkie andfocussed profe551onol de¥eJownent Orwrtufts for•mpkn•s are In need,. and IC) The reltef of poverty and fln•rflal hrdsh In rtICular other tharltablè acts or wolects fvrth•r t develtspment and ernpowerment ol all Indfvldua15 and ConnI11es bn need •Thl the enhaMe of opportunlths for •mploymenL educ•tlorn soclal wéllarè Ind rttreath)n. Workln6 m•lnl¥ In North West not eXdushtr we erKovr•y th• V•Clk•l applk•tlon of (lhtl•n So¢1 thknwni and 1rtS0n. As • Clty & Gulhas provhlei. Vrt SW)FM kndrldu•h bK IMO educ•tlon and tralnrt thro4h Ewllsh. M•ths, Icr •nd Introductlon to te4chlw skllb fw•lWkath)M. Worktrq Tlth pvlrffj we •rouray wacikal SpOnSe9 to loul neeth In th• community and world ol¥ffjr l ofthe char6tsble •re undertJken fortr berth of wblk. The tyuste•s conllm) that cornplltd 4¥1th the rtqulremtnts of sectlon 17 otthe Charltles Act 2011 to h&¥e dut r4ard tt> the publk benefft wld•Ke publbshed by thè (tharity CommIssh for En#laThJ and WabES. Paqe 2
St Antonrfs Centre for Church & Industry Trustees. Report Athl•bYrn•nts ind pBrfornwrK• T•stament 2024.25 We a pleased to present our Annual Accounts forthe yeaf to 31st March 2025. Whllst the overall posltlon faclnB many tharths rèmalned chalten81fi& wè a8aln havè manag•d to focus our attentlon on th• needs of the cllents we serye, and the Dra11 m1551on ¥lm$ ar obl•¢tfves of the centre. The contlnuln8 demand for our sertes e¥ldent through the contlnued expanslon and devèlopmtnt of the 'Come Tthe1 prolett. Thos supported byihe Natlonal Lottery In Salford whkh commenced In Aprll 2023 followln8 thè award ol 3-year Partnershlp Grdnt for work wkh Loaves & Fl$hes In 5•Word. Thos Included supportln8 a pald post In thelr ory4n15atlon to help 5UPPQrt thelrdlents Ind the 8lm$ of the prolert. Tocornpllment th15 provlsk>n, we also partner wh the Salford Foodbank IN1•11¥ throulh the Tiusll Trusts ftnincl•l Inctujlon project wovldln6 $UPPOrt tothelf cllents at food d1$trfbiOTr 5es$k)n% In the fflrst year, 648 resldents were supported.. key areos wert h•lp wlth JcceJ51ng food, Irrform•tlon on bÈntfbts, SUPPOrt wilh educatton &tralnln8 as well as debt m•n?8ernent •nd a r•n8È of housln81ssues. The total fflnanclal laln lor cllents was £108,000 •r¢d the o¥erJll debt m•n•8ed wos £7,500. Whlle thls level of debt m¥y not appear $18nlflcant, Ivs worth rememberln8 that small scale debt or the worry of mana8ln6 rep•yrnents cwn pllce Indlvtduals aftd f•mlllès Into a dèbt tytlé. 8re•kln8 the ¢y¢k and fflndlni WOrknb solutlons Is crbtlul W Indfvldu•ls and thelr hrnllles are to make progres5 In thelr I$. 30 a8en¢les became Iftvohd wlth us throuih the project In 2024.25. Support sesstons We •rrJnpd In many venues Incluthng communlty tei)tres, fafth communlty cenires, Ilbrarles, charlty premlses and housln8 trust nUes. Th15 0ppro•¢h of brlnilni help odvke 05 close as pDsslble tothe cllents h•s won pr•lse Ind support from wrtn•rs. The dernand ft*r SUPF4)rt wlth essentlal skllls was hl8hllihted as a key barrler for some cllerbts, progresslon pathway. In dlscusslon wtth Loaves and F15hes wè or4anlsed tralnlng semlons In t1r venue, for the flrst Ilme provldlns opportunlty for Kcredlted skllls lo offered on 51te. Whlle the dlverslty •nd skllls of the cllents ore v•rled, • r•ny of p¢rson<entred approache$and urefully tallorlni the currlculum has led to su¢¢esslul 0coMeS. Ourlng the year the Tralnln¢ Dep•rtrnent has sUPPOrted cllents to undertake 52 a55t4nments and successful outcornes. These w•re In Entry Level Start IT, Level l or 2 awards or certiflcates In InformatloTh Technolo. 12 cllents achleved full Quallfkatlons at Level l or 2. The Tralnlng Manager offered ¢ontlnued support wlth delery In L¥ncaShI throv8h our partnérshlp wlth the LIWn8 Watsrs Church at Chorley fundéd by tffl. Thèlr own unlque mlsslonls supportln8 people In need from the communlty Includln6 sorne recoverln8 from dru8 or akohol dèpendèncy. Whll$t number$ are Tt $18nffic•nt, thls a1Th refiects how we have contlnued to provlde new pathways to asslst Clients wh some complex needs to obtsln entry and level I quèllfkatlons In Funrtlon•l Skllls Engllsh. Iwrltlfi& readln8, sakIng4d Llstenln81 and 3 Level 2 pa$5e5 In Mathemolks. Pa8e 3
St Antony's Centre for Church & Industry Trustees, Report Support for employment related Is$L Contlnued wth over 100 clltnts seekln8 advlce and 8uldance. Mary stlll faced dlfficultle5 after COVID and the path to returnlng to secure work for Some has not been easy. We Corflnued to see an Increase Irb slckne55. mental hèalth and dlsablllty related Sssues belng ralsed In the world of work. at tlmes not helpod by a rlild approach by some employers to rnaThaglng slckness absence that has led to Increased anxlety & stress fèlt by èmployees. The GMB Q22 partnershlp 3150 looktd at the Incréèslng Issues faced by Uber and Amazon ernployee5 as well as the chllen8ès laced by t pl•tfom economy •nd Increased Influence of Al and hidden alwrfthms settin& for eumple, the costs ola taxl fare. In the World of Work, the Issue ot IndIdUal5 retalnlfi8 control over the employment and p•ce of work a5 well as beln8 able to address potentlal Inlustkes arlsln8 from the hldden lfilluence of technolo8y Is 8 yowln8 a8 of reflection and dlscusslon. Th1$ Is reflKted In our soclal lustlce work and wlth partners Ilke ELA the European Centre for Workers Questlons ¥nd Carttas Lh In the Dlocese of Salford and at a Thatlonal level. The Trafford Park Herftage project saw several new vlsltors attendln8 and a closer worklni pwrtnershlp wlth Trafford MBC as they $tsrted to develop the Cultural and Herllage work In the Borough. The Dlrecior met wlth senlor offlcer5; some were Sufprfjsed to d15cover the rnrqe of herttay work undertaken over the last 40 yurs, not onty to protect the hlstorlcal aspect5 of ourown $lt• Ifomr school. church & presbyleryl but the'green 0451¢ the 8arden. It was a loy to se• th• YCW develop • communlty hortkultuTrl prolert In¥oMnB young people from the local communlty In the 8ardenln8. The project Involved convertlng of the garden to irow ve8etsbles & frults and small outdoor space to facllltate opportunltles for youn8 peoplè to be attfvely Involved. It also forrns of thelr Impart k¥dershlp de¥elopnnt progrnmrne for youn8 people. The Centre provldes some admlnlstratlve 5UPP)rt and advlce for thelr own thirlty duflng a T[0d of tnIe for thèm. By the end of thè flnanclal year The YCW w•$ showln8 50gnlficant INO8r•ss In Wans to dewlop and expand its reich •¢roM Gr•iter MahSt•r. Worklni wlth GMIM, the ch•Tlty offerlni ¢h•pl•ln¢y stpllces In Oldham and Bolton, as well •$ the Straet Anyls project In Oldham supportlng homeless . rou8h sleepers and thost needlng fd support tontlnued. Thè Centr provldes admlnlstratlve nd bookkeep1 and pr8ctlcal support where poMlble to enable the frontllne aclfvltles to be Iocu5ed on the needs of t1r cllents In Bolton, MSddl8brook and Oldham. Pa8e4
St Antony'$ Centre for Churth & Industry Trustees, Report All our partners and oursefve$ have faced slgnlftcant chall8n8es wlth Increased demand for support from cllents but dlfftculUe5 In findln6 the necessary re50urce5 to Meet Increased overheads, not least In hea¢ Ilght and power and stsfflng costs. We faced ieductlons In Intome from general tradlng actfvltles as FQOPte and organ15atlon5 fjghtened thelr own expeThdlture wlth reduced sndIng on meetlngs In communlty ¥enues. Thls was also reflected In 8eneralty lower fvndral$ln8 and Irant avallabllfjty. Internjl cost swlng enabled us to reduce the over¥ll draw on resee& however there Is stlll work to be done In bulldln8 th• new fundlno pathways Into the Greoter Manchester devolved bud8ets and establlshlng new and falr contratt frJndln8 that genulnely meets ourclnt needs. l am 8rèt•bJl to our fvrthrs and supporters for thelr contlnued support throughout the year. Also, to the growlng rburnber of pjrtner ayncles who have teamed up wlth u5 In 2024-25, the frults of the collat¥)ratlon are onlytooevldent In new servlces to meetclknw needs at an Inwrtanttlme In thelr lfve5. My thanks tothe Trustees who have helped Steer us throuth ¥ ch•llen8ln6 couple of ye•rs and for 8uldlr4 Chirlty tow•rds new are of mlsslon and en8a8ernent. Flnjlly, the Centre Team- Kevln, l¥n, Dwe, Ellle, 5•r•h, Chart&ne and Stephen as well a$ our vohJntt•r$ lor thlr commltment and dedlcatlon to the projects and Inltlatlves th•t have sNed our ¢llents $0 welL •n•blln8 us io •¢hlew our CTlble oblectl¥e$ and to serve those In need In our médrt. I wlll be r•tlrlng •$ Chblr •nd • Trustee •t the end of thls ye•r and can s•y It h•n • re•1 prlvlle8e to h•v• served wlth st•ff and trustees tornmitted to flndlng new ways to help peopk ftourlsh ind 6•ln"Ilfe to the full". Fln•ndal r•¥l•w Incornlni resources for yur amounted to £339,00112024- £311,609) Expendrture for tho y••r totallod £352,36512024. £334,885). Th• oveiall results for year ar• a d•fecbt of £13,36412024. dEfeclt. £23.2761. The total reserves of thè chalrty at 31 March 2025 are £123,70812024. £137.0721. The pollcy on féseThés15 to alm to hold at lèast slx months operntln8costs In resewves. The are no lunds In defic Generalr15ks Tht trustees artfvety re¥lew rlsks offt a re111 basls artd havè procedures In plao to mltl8ate Iny rlsks charbty mayface. Golng comern The trustees have J reJsonJble expertatlon that the chjrlty w511 have adeqyate resources to contlTwJe Sn optrntlonal exlstaftce for the foreseeoble future. The chartty therèforn tontlnuès to adopt the golng concern basts on preprlng its fin•nd Statements. Paeè S
St Antonvs Centre for Churth & In$try The annual reIrt was apwoved tythe tn&ees ofthedwrtty on 8 Decernbw 2025and *Ad on its bthlf ty.. O William5 Chalrman and Trustèe Pap6
St Antony's Centre for Church & Industry Statement of Trustees, Responsibilities The trIeeS Iwho ore also the d1CtOrS of St Aniony's Centre for Church & Industry for the purposes of comp8rbV lawl are re5poTrslble for pparfn8 ihe trustees, pOrt and the ffinanclal statements In accordance wlth appllcable law and United Klngdom AccouThtlrtg 5tsndards (UThed Klngdom Genwally Accepted Accounti Practkel. Includlng FRS 102 Yhe Flnanclal Reportlng Standard applicable in the UK and Republic of Ireland.. Comparty law requlre5 the trustees to prepare thnanclal ststements lor each fftnanclal year. Under rnPany law the trustees must not approve the ffinanclal statements unless they are Stsfied that they gfve a true and falr véew of the state of affalrs of the charltsble company and of the Incoffling resourtes and appllcai•)n of rewurces. Includlng Its Income and eeThd, of the Charitable company forthat perlod. In preparfngthe5e flnancial statements, the trustees a requlred to: sekrt sultable accountiwd policle$ and appty them consistently- ob5er¥e the rnethods and prlnclples Inthe SORP; makeludgements and emlmates that a asonable and Prudent,. state whether appllcable accountlng stsndards. cornprlslng FRS 102 have been foll¢)wed, subject to any matèrkl artures d15dosed and explalned In the flnandal statements: and prepare the flnandal ststernents on golng cgncern ba515 unless Is Inappro&atr to presume that chadtable companywlll contlnue In buslness. The trustees arè rèsponsible for keeping proper accountlng retords that can dlsclose wlth reasonab accuracy at any tlw* the financlal posltlon of thè tharitable company and enable trn to ensu that the financial statements Cornp with the Companies Act 2006. They are also respgnslble for 5afeguardlng the assets of the charitable company and hence for taking reasonable steps forthe preverbtlon and detectlon of fraud and other Trrreeularlts. The tNstees are responsib for the maintenance and Integrity of the corporate and financtal Informatlorb Included on the charitable compa$ websltt. LÈgIslaOn gtsvèrnlng thè Prepard0 and dtssemlnation of finarKlal statsments may dlffer from leglslation ifi other jUTisdKtiorts. Approved bythe trustees of the chaffty on 8 December 2025 and slgned on its behaw bv: O William5 Chairrnan and irustee Page 7
St Antonvs Centre for Church & Industry Independent Examlner's Report to the trustees of St Antony's Centre for Churth & Industry I'the Company,) I report to the charty trustees on myexaminatlon of the accountsof the Company for the year Ènded 31 March 2025. Rèsponbditis •nd of reptyt AS the charl$ trustees of the Company land atso its dlrettor5 for the purposes of company lawl you are responslble for the preparation ofthe attounts in acttrd0n wf(h the rewlrements ofthe CompanlesAct 20061't 20( ACVI. Having satlsfied myself that the accounts of the Company are not requId to be audlted under Part 16 of the 2006Act and a tlieibie for independent exarnination, I report In respert of my exam1natlon of your charws accourbts as carrled oul under stttton 145 of the Charftle5 Act 20111'the 2011 ACVI. In carrylng out my examlnatloD I have follgwed the Diretti0 8Nen by the Charty Commission under section 14515llbl ol the 2011Act. Independent wmlnerf$ stateme Since the Cornpany's 8ross income exceeded £250,000 VOUT examlner must be o member of a bth listed in See1n 145 of the 2011 Act. I confimi that l am qualified to undertake the exarnlnatlon because l am a member of In5tStute of Chartered AccouThtants in Erland and Wales, whrch is one of the Ilsted bodles. I have COrnF4eted rny examination. I confirm that no matters have come to my attentlon In connethon wlth the examlnatlon gfvlng me cause to belleve.. l. accountin8 records were not kept in respect of 5t Antony's Centre for Church & Industry as requlred by 5Ktlorb 386 of the 2006 Acl,. 01 2. the accounts do not accord with those CordS. or 3. the attounts do not tompty wlth thè accoufftting requlrements of section 396 ofthè 2(6Art Othèrthan any requlrement thatthe accounts give a'true and falrvkw, whrch is not a matter considered as partof an independent examination- or 4. the accounts have not been prePad In accordance wlth the methods and prfnclples of the Statement of Recommended Prattice for accounting and reporting by charitie5 lapplicable to tharities preparinB their attount5 in accordance wf(h the Flnanclal Reportlrvd Standard applltable Inthe UK and Republkof Ireland IFRS 10211. I have no Conrn5 and have come across no other matters in connectkjn wlth the eXamInaOn to whkh attenOn should be drawn In thls part In orderto ertable a woper understandlng of the accountsto be reached. John Saxo e Institute Cthartered Aountants In En8land and Wales The Moftatt5 Partnershlp LLP Sulte 1.1 Flrst Floor Jackson House Slbson Road Sale M33 7RR S December 2025 Pagè 8
St Antony's Centre for Churth & Indurtry Statement of Flnancial Activltles for the Year Ended 31 March 2025 (Includlng Income and Expendlture Account and Statement of Total Recognlsed Galns and Losses) Unr•thktad fundi Totsl 2025 Total R•rtrlrttdfunds £ femts Incom• and End4Mm•htsfrorn: Donatlons and le8ac*s Ch•iltabJe actlvths 52,483 180,143 L950 52,483 284,S68 1,950 6,445 309.947 104,425 InStment Income Other Incorno Totsl Incorno 234,576 104,425 339,001 311.609 xp•ndltyr• on: Ralslng funds Charltable acEMt% 1491 334,8361 X08,684 352,365 Totsl expandltura 243,681 108,6B4 334,885 Net expeThdlturo Tr•nsfers between fvndi 19,1051 291 14,2591 291 113,3641 123.2761 Not movtrnent In lunds 19.3961 13,9681 113,3641 123.2761 A•tondl•llon of funds Totalfunds brought forward 133,104 3,968 137,072 160,348 Totalfunds carrtad forward 19 123,708 123,708 137,072 All of th? ¢h•rfty's •rtfvltles (lerlve Irom contlnulng operitlon$ durlng the alknie tsvo perlods. The fvTth brejkdown for 2024 bs shown In note 19. The notès on page$ 12to 23 form an lrtegral ofthese flnaloI statemerts. P88e 9
St Antonvs Centre for Church & Indurtry (Reglstratlon number: 09553437) Balance Sheet as at 31 March 2025 2025 Notè £ IA5 reststsdl Flxed ats Tan8lble assets 13 $27 2.310 Currtnt assets Debtor5 14 26.036 160,276 49,638 158.637 Cash at bankand In hand 15 186.312 208,275 Cred5t0 Afflounts fall[dUewlthlll ofter 16 23.582 173,5131 Netrrent 055ets 162,730 134.762 Totsl asetsleM ¢umnt Ilabllltl 163.257 137.072 Credstors.. Amountsfallldut aftermornthan one year 17 139.5491 123.708 137.072 Funds oftr thJrlty: R•Mritted Incom•funds RestrIe funds Ilnrestrlrted Ie fvnds UnStrICted funds 123,708 133,104 Totsl fund5 123,708 137,072 For financial yeaf endlng 31 March 2025 the charfty was enthled to exemptlon from audtt under sectloTh 477 of the Companles Act 2006 lating to small companles. Dlrertors, ponSIbIl1es. The members have not requlred the chairty to obtaln an audlt of Its a¢counts for the year In questlon In accordance wlth sectlon 476- and The d1CtorS acknowledge thèir responsibilit*s for tomptylni wlth the requlrements ol the Att with respect io aCCounn6 records and the preparation of accounts. The notes on paBes 12to 23 an Intetral part ofthe5e fin)nclal statsments. Page 10
St Antony's Centre for Churth & Industry {Reglstratlon number. 09553437) Balance Sheet as at 31 March 2025 The financl statements on pa¢es 9 to 23 We apryod the In. and auUKrtsed for issue on 8 Oecember 2025 ar sned on their half by: O Willlams Chairrnan and Trustee The rtotes on py 12to 23 lorman Irtyal partof thEsetlnancial ststements. Page 11
St Antonvs Centre for thurth & Industry Notes to the FlnarKAal Statements forthe Year Ended 31 Marth 2025 I Charlty #•rus The charlty Is Ilmittd tywanntee, incwwratrd In Eland. and u>nswtThtty does tW)t h•¥e share opltal. EKh of thè trustees bs Itable to tortrflwjtè an an)Unt not exceodw £1 towards assetsof thE charrty In thèe%ntolNqukl•Von. The address of foiisteied ofnct is: St Antonls Centre forChuf¢h & Indusmi Eleventh Street Tr•ttoid Park Manchester M17 UF These fIn•thI jtstements were •utl)wtsed for155 tythe irustees on 81)tteM 2025. 2 A¢royntlw The prfnclpol o¢countlw polkles applled In prep•r•tknn ofthese fin•ncl•l thteffi •r• Mt out b•kiw. These p)Ikles h• ljeen cons15tently •pplted to411 theyears prejeffled, unbESS otherwtse st•d. The flnonclal stslernents Ve b•on pr•p•rd In •(cordJnce wth Accountlni •nd Aeportln¢ by Charltles: Stattrnent of A•commtndd Prattitt (appC¥Ie to th•rlts wepirlni thelr accounts In KCOfd•tK• wlth the Flnantk)l Rtportln8 Standard appllcable In the UK and Aewblk of IreL4r IFRS 10211 Ilssued kn Octobèr 20191- Icharllbos SORP IFRS 10211. the Flmnclal Rewrtln8 si•nd•rd •thk•bkn In th UK •nd Ropjbmc oflr•hnd IFRS 1021 ind t Comp•ng kl 20)6. St Anioiiy'$ Centre foi Chur¢h & Industry ffleets of4 wblk trfft enty undtr FRS 102. A55ets pnd lblltts are InItlty 1•cols•d at hlstod¢al costortr•nyckn unless oth•rwtt st•ted knthe rel4v•nt•ccounllno polkYrs. The Thn1111 staten$ hwe been wewred on • corKem b•s Th• trustees assess whether1 use of 8ohw coKem b approprlatr Le. whetFr thern •r• any mttertal uncertalntles related to evÈnts or condn$ that m•y cast s4nllkant thubt on thè ablllty d the chartty to nIIrtue as a golrq concern. tNStees makt thls as5essmert In resFQrt tsfa perlod ofoneyear from d•t• of•ppmw41 ofthe fknlnc19taterneTrts. The Opted to early adopt Bullrtln I pJblistrd on 2 Febru•ry 2016 •nd ha¥e therefore not Inced a cash fiow stsiement In these ftnanctsl stst•rn•nts. All Income is recogn15ed oKe the chailty has enthmtnt to the IrKtyne. It ts yobaile that the IrKorne wlll be fecel¥ed ar th• amountol the irtome recebl can be measuied rtllabty.
St Antony's Centre for Churth & Industry Notes to the Flnandal Statements for the Year Ended 31 Marth 2025 DongtloMondltott¢les Oonatlons are recognlsed when the thaiity has been notified In wrSn£ of both the arnourt and settlemèrt date. In the evert that a donatlon 1$ sublect to conditlons that requlre a level of performarte by the charlty before the char6ty Is entitled to tl funds, the income is deferred and not reco8nised until either those condltlons a fully meL or the hjlfllment of those cond0$ is wholty wlthln the control of the charty and 11 h probable that tse condltlons woll be fuffilled In the reportlng period. Le8acy lifts art reco8nised on a case by case basls followlrtra the grant of probats when the admtnistratorlexecutor for the estate has communlcated In wrllln8 both the amount and settlement date. In the event that the 8fft ts In the form of an asset othèr than cash or a flnancial asset traded on a reco8nlsed stk e¥chan8e, reco8nitiDll is subject to the value of the 81ft beln8 relbabty rneasurable wlth a deyee of reasonable accuracyand the tltletothe asset havin8 been tran$ferred tothe charlty. InveJthentl•Kome Interest Is conIsed on a Tecelvable bas15. Expendlture All eXpendItu Is recoKnlsed once there 15 a leBal or construc1• obllgathn to that expendllure, It Is probable sèttlement Is required and the amLK4nt can be rneasud rellably. All costs are alloced to the appllcable expendf(ure headlnB that aggrègatè SIMIr costs to that category. Where costs cannot be dlrectly attflbuted to partlcular headlngs they have been allocated on a basis cons15tent with the use of resources, wlth central stsff costs allocated on the basis of t4me spent, and depreclatlon chargesallocated on the portknn of the a55eVs use. Other SUPPDrt costs are allocated bastd on thèspread of staff costs. All resources expended are InCluse of Irreco¥erable VAT. These are costs Incurred In attractinB voluntary Income, the manwent of lrniestments and those Incutted lfi tradlw actlvlts that raFsèfrJnds. Charitse expendkuiè comprises those costs Inculd by the charfty In the dellvery ot Its aCtleS and servlce$ for Its beneftdarles. It Intludes both costs that can be allocated directly to such activitie5 and those costs of an Indlrect nature nece55ary to support them. SpPort¢0$ts Support costs IrKlude central functions and have been allocated to actlty cost categorles on a b351s consistent wlth the use of resources. for rnPl< allocatlng property costs by ftoor area8 or per caplts, staff costs by the tlme spert and other costs by thelr usage. These Include the costs attributable to the ¢harWs tompltarttè wlth constltuttonal arhj statutory requ1ments. In(dIng audll, strateglc rnageefit and trustee's meetln85 and relmbursed expensès. Pale 13
St AntonVs Centre for Churth & Industry Notes to the Flnanclal Statements for the Year Ended 31 March 2025 Gmrnmentgrants Go¥ernrntnt Bvants are ieco8nlsed b43ed on the attr1 model and are measuied at the falr valuè of thè asset recefved or receae. Grants are classlfted as relatlng elther to revènue or to assets. Grants relatlng to revenue are reco8nlsed In Income ¢)vèrthe perk)d In whlch the lted costs are recogn15ed. Grants relatln8 to assets are rKogn15ed ¢)¥èrtht expectad useful Ilfe of the asset. Where part of a 8rant Telatln8 to an asset Is deferred, It15 reCOlSed as deferred Incorne. Irr•cowr4ble VAT Irre¢over4b]e VAT bs charyed aealnsi the category of resources expended lor wthkh It was Incurred. T•xatlon char6ty Is consldered to P45$ the le5ts set out In Para8raph 15chedule 6 of the Flnance Act 2010 and thereforè It meets the dèflnltlon of a tharltabie tompany for UK torpor•tlon tax purposes. Accordln8ly, the charlty Is potentIal exempt from taxatlon In resped of Incorne or capltal Balns recelved wlthlTh cate8orles covered by Chapter 3 Part 11 ol Corporatlon Tax Act 2010or Sectlon 256 of the TJxotlon of Chir8eible Galn5 Art 1992, to the 4ttent that such Income or 8•ln$ ar• applled excluslvety to tharltabk purpos. T4ble ftmd •M•ts IndldlI flxed assets costlng £1.00 or more arè Inltl•lty r•cord•d it cost. Depred•tlon and amortlmtlon Daprttlatlon 15 provldèd on tanglble flxed assets so as to wrlt• off th cost orvaluatlon, less any estlmited rIdUal valu•. over IhelrexpEded useful KoTh)mlc Ilfe as follows.. let cla Ollke equlpment Flxtures Ind on41 D•prg¢l•tlon method •nd rnt• 33.3% slrul8ht Ilne 515 33.3% slr¥ht Ilne 515 Tr•d• d•bton Trldt debtors ar• •mounts du• from customers fof m•rthandls• sold or seNlces perfwrned In the ordlnarycourse of Iw$lneJs. Tr•d• debtoys are retoon19ed Inltl•lty ¥t the tr•n$4rt1ofi prl¢t. Th•y •f• sub5equentty me•sured It amortlsed cost usln8 th• effect• lrterest method, less provlslon for ImpalrrneTrt. A provlslon lor ihe Impalmnt ol trade deblor5 15 e5tsbllshed when there Is objecte eVIden that the ch•rlty wlll not be •ble to coll•ct all •mounts due accordlffj to orl8lnal tèrn of th• r•cÈlvables. Cash and cuh equlvalents Cash and cash eqUalnts comprlse cash on hand and call dèposlts, and other short.term hlghly Ilquld Inve5trnents that are •dllycon¥ertlble to a known arnount olcash and ?resubhert to •n Insi8nlficant flsk of changè In valuè. Pa8• 14
St Antony's Centre for awrth & Industry Notes to the Rnandal Statements for the Year Ended 31 March 2025 Trade credttors are obliqath)n5 to pay for KdS or seThtes that have been wuired in the orthnary cOue of buslne55 from suppllers. Puounts payable are cksslfd as current Ilabi161tes the (tharlty th)es not have an urtonditional rfgh¢ at the end of the rewjrtlng Ferlod, to defer settlernent of the credllor for at least twe months after the repo datè. If thtrt Is an urKondr(ional ritht to defer settlement forat least twe monts aftet the date. they are we5ènted as nDTrturrènt Ivabilit> Trade credfjlors are reco8nld attstrawthin arbj SUIXeqTr• meaSUd anw)rtised cost usln8 the effectl¥e Inte$t method. Fund stnJthirn Unresrrkted IrKome a general fvnd5 that avallatslE for use at the tnotee'5 d15creth)n In rtrance of the obleclfves of the charlty. Restrlcted Irrn fur are tlJse donated tor use In a portknJlai aa or for5PN pufF. the use of whkh15 restrkted to that area or wrk)se. The charlty operates a defined contriithon pen4on xlwne whkh ts a tensh)n pTr whKh fLxed contrSbutbns are pald Into ? penslon fvnd and the charbty has rK) al orconstnth dllgation to payfvthr even if the frJnd does not hold sufficlent assets to paya1lemp1o the bereffts emth servKe in cUTht and pdorperlod5. Contrilyutins to defimd contr a rKwised In the Ststtmert of Finartial Pthlts when tly a due. IF contrfblrtlon payrner extd the tontrilxrthM thJeforseThlKtre e¥tess s wtsed as a WepaYnTrL Flnandal a55ets aNI finandal IL•blliW are rt¢08ntyed Then tte thwity beco a P•rty to the contsartual provtslons of tt Instrument. Flnandal Ilabl15 and equlty Instruments art dassified att0rdfi to the subthrKe of the contyaclll arrangefflents tntered Into. An eqltty Instrument 15 any cortratt that e¥ldences a interest In tt* assets of charlty after deducting all of its Ikbllth&
St Antonvs Centre for Churth & Industry Notes to the Hnandal Statements forthe Year Ended 31 March 2025 All flnancbal assets and Ibabllrtles •rt Inltl•lty measured •t wke trartsacilon costs). except for those ftnanc6al assets classid as at fairvalut through wofft or Joss. whkh are In6tta1 measured at falr ¥ae Iwhlth h ftormalty the tran5aUton prke exchjdlfig tra1CtIOn costs). unless tt •rTarwnent ¢or&tltuies a financthq transactlon. It an arrangemtnt tonstltutes a finarKlrva tran5acihJn. the finanthl asset or financkl Il•bIl 6 nSu[ed al t present of the fvture pwnts dlscounted ata rket rale of Intèfest fora sIMr debt Insiiument. nandal assets and Ilabllhlts are onty trff In the thtement of fin•ncl•l posllknn Wn, and only when there exlsts a legallv enforceable rht to set oft recogn15ed amourlftdthe ch•rhy lrtends elther to settle on a rt tsa$ orto re&1I5e the asset and setlle the IlabllKy 4rnuttaneousty. Fln•ncl•l assets are derecw15ed wn ar onltt tontyKtu•l to cash Ilowsfrom the An•141 •sst èxplre or are srttled. bl the tharty transfers to •nots party 5ubstsntlalty au of the rbks and rewards of ownershlp of the tlninckil •58eL or cl the chIr, desprte h•vln¢ rt•lned some. but not all. snfflc•ftt and rewards of ownershlp. has trnnsferrod control of the as5ettoanb•r pwty. Fln•rKl•l I1•IltS •re derec4nlMd onty When oblbkn Sped In the contr•rt h dlschryd. c•rKeled or*xplres. e16
St Antony's Centre for Church & Industry Notes to the Flnanclal Statements for the Year ErKled 31 March 2025 3 Ir¢com•fromdon•tlons and ItBètlos Unrestrlrt•d fvnth G•nqrnl T¢t41 2025 Tot•1 Don•tlons and leoacles: Donatlons from Indwua 2,483 SO.OOD 1483 50,000 6,445 Le8acles 52,483 $1483 6,445 4 InwThlffjm th•rlt•bl•artlvltl•J Ilnrwlrlrt funds G•nernl R•rtrf¢t•d ndi Tot•1 2015 Tot•1 1014 Salary costs rechar8ed Project Income Centre Hlre Offi¢e serylcos iqch•Tyd Sundry Income 6,108 143,792 19,31)0 9,402 L541 6,108 248,217 19,300 9,402 L541 8,027 253,399 18,651 22.149 1,276 104,425 180,143 104,425 284,568 S Invqslrngrt Inw Unr1Ct•d funds G•ner41 Totsl 202$ Irthr•st rnceP4•ble and slmllar Incom•- Interest receable on bank depos$ 1.950 Pap 17
St Antonvs Centre for Churth & Industry Notes to the Flnandal Statements forthe Year Ended 31 Marth 2025 Totsl Trtal Staff costs 81,136 I,777 29.155 23.998 L783 632 72,086 27,648 153.222 128.425 I8521 66,227 51,508 20.071 4.690 Projectcosts Estsbltshment Costs Admln costs 27.198 L783 7332 Depreclation GovernaKe costs Loan interest and fee5 243.681 10É.684 351365 334,821 fund5 Trtsl 2024 IndtFendtnt ey3mlnerf Examlnatlon of the finandal statements Legal fees Deprethititin. afflortn and slmllarcosts 1140 4.692 4.692 9)2 8,234 8 Net tAE(wn1loIgOlry rexwr Net out8oir4 resourcesforthe ar IrKIle. 2024 Depredatbn offFAed assrfs L784 4.690
St Antonws Centre for Churth & Industry Notes to the Flnandal Statements for the Year Ended 31 March 2025 During the year the crIty made the follow1aracthls with trusthe5: Mrl(W Aawan Mr KW Flanapn retehtd remunerntlon Offl634{2024.£2S.787) thJrW the >ai. ReMurath)n gT¥en In accordarKe Wbth ArtKle 4.2.4 of Artkles of ASSLKIaTr. A Tw5tee or a conred Petson rnay employed ty the Charfty a5 a centre mana¢er and mty fecehe reasonable remunernt•Jn paid to them In respect of thelr employmen¢ provlded that a malortty ofTrustees thtn in olfte a r¥)t in rnceipt of rèmuneration or payments aUthOrf by 4. The aggregate payrol Costswe as folk)ws". stsff costs durlns th•y•arTWWe: Wagesand saL4ries Soclal 5ecurlty costs Pertswn tosts Other staff costs 66.659 8.769 161.909 9.051 9,978 3,424 143 81.136 184,362 The monthty average number of pèrsons OnchJthfi8 serfor manayrhw l adershIp teaml erno)Ed ty the thaffty Yea1eyS$ed as fvll rne equfvalerts wa5 asfollows: StArtorry's Centre Other projects 13 li 812024.8loftt atrfm ernpkn prtsopted h)the Defired CryrtrllMrth)n Pensh)n sdffl. Contrlbutk)ns tothe ernpkn Pensk schernesfDrUrtO>lled £5¥512024.ÈIL4141. No emplo) reteNed emluments offf[e than £60.(KKI yè•1. Paee 19
St Ant¢My's Centre for Churth & Industry Notes to the Flnandal Statements for the Year Ended 31 March 2025 2024 Éxamlnatlonof the finala1 statern The charSty isa reWsted ¢h8rltyarnl lstrreftye eyrnptfrorn tsxaltijn. Totsl At IWI 2024 13J86 13.986 At31 March 2025 13386 13.986 At l Aprll 224 Charge forthe year IL676 11676 1,783 At 31 March 2025 13,459 13,459 At 31 March 2025 527 527 At 31 Marth 2024 1310 2,310 Trade debtors Prepayments 21.701 4,335 44,970 26.036 49.638 Pay 20
St Antony's Centre for Churth & Industry Notes to the Fln•ndal Statements for the Year Ended 31 Marth 2025 Cash and ush eqthkrti Cash on hond 133 IKI,143 359 158,278 Cash It bank I.276 158,637 Trade credltors orher loans oiher t¢b)fi and securlty oihtr credrto A¢¢ru• 9x121 243 14.7C 15.944 L239 7.391 36,931 3,554 23,582 73.513 17 Cr•dlt(n: mwntslalllbW due altsrom y•ar 2024 Oth•r 39,549 18 P•NE•n ndoth•r Kh•m O•lln•dMntrfbullon P•Mlon KIrn• The charlty operntes • defined contrllwtbTh pensbh sthtme. The ptnsknn tost for ywr rnpruents corrtrlbuugns p•¥•b byth•ch•rlty to th• scheme arrtl Mwunted to £S.56512024. É9,9781. Pa8e 21
St Antony's Centre for Churth & Industry Notes to the Flnanclal Statements for the Year Ended 31 March 2025 B•lAn at JI Tr•nrf•rn Mw¢h 2025 120 6•h•rnl Genèrnl unrem 133.104 234.576 1243.6811 12911 123,708 Rulrkted fvn N•tn•1 Lottery CornrnuDty Fund 108.684 291 137.072 339.1 3S2.365 123.708 Int¢)m5 8•l•nc• •1 31 March 2024 12023 Unr•strld•dlub Gentrnl ufirestrf¢ted 160,348 207.184 1234.4281 133.104 AMtrfd•d N•iion•l Lottery CommunKy Fund 3.968 160.348 334,88S 137,072 UnrnArkt•d Totslfuf1 •tJi M•rch 2025 Tanglble fixed ¥ssets Current assets Currerrt Ilabltitles CrÈdttor5 0r lye¥r 527 186,312 12Jy21 39y91 527 186,312 123.5821 139,S49 Totsl assets 123,708 123,708 Page 22
St Antony's Centre for chh & Industry Notes to the Flnanclal Statements for the Year Ended 31 Marth 2025 UnT•¥trIrt¢ fvnds Total at31 M*Tth TanBlble fixed assets Current assets Cutyent li•bilifjes 2.310 208.275 173,5131 2,310 208.275 1735131 Toial net assets 137,072 137.072 ni the yearthetharlty made th foJlowlr¥ related partytrans0¢1kns'. Gre•t¢r M•n¢h¢#er Induthal PAsslon {Gter Manthestsr Indu#rial MissioThoperate5 from thè StAnt$ Centre.) Centre costs and management char8es are recharged to the Greater Manchestrr Industrfal Mlsslon. At the batsnce sheet date the 3mountdue from Greater M•n¢hester tndustflal M1551on was£15,81512024- £19,193). ITru5teesl Trustees of the ¢harftyha¥t provlded • Ion8 temi loan to the charlty to elther be paid within S yÈarsor on¥erted to a ¢hathabk donatSon. At the balance sheettlatethe amount due WTrnsteesWasE39,54912024-£14P). Page 23