2023-07-31-accounts - St Peter's House Chaplaincy

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REGISTERED CHARITY NUMBER: 1166935

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

ST PETER'S HOUSE CHAPLAINCY

Jane Cooksey Limited 15/16 Boarshurst Bus. Park, Boarshurst Lane, Greenfield Oldham Lancashire OL3 7ER

ST PETER'S HOUSE CHAPLAINCY

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

	Page
Report of the Trustees	1 to 3
Independent Examiner's Report	4
Statement of Financial Activities	5
Balance Sheet	6
Cash Flow Statement	7
Notes to the Cash Flow Statement	8
Notes to the Financial Statements	9 to 16
Detailed Statement of Financial Activities	17 to 18

ST PETER'S HOUSE CHAPLAINCY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023

The trustees present their report with the financial statements of the charity for the year ended 31 July 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

The objects of the CIO are:

(1) To advance Christian Religion for the benefit of the public in the Metropolitan District of Manchester or elsewhere by:

the work and ministry of the persons appointed to undertake religious services and faith-based pastoral support, give spiritual direction and be chaplains (including lay workers) at any of the institutions of Higher Education in the Metropolitan District of Manchester (and their affiliated institutions); and
advice and counselling on the education and wellbeing of students, staff and members of such institutions of Higher Education.

(2) The promotion of religious harmony for the public benefit in the Metropolitan District of Manchester area or elsewhere.

Public benefit

The Trustees have considered the Charity Commission's guidance on Public Benefit.

As a charity established for Christian chaplaincy to the higher education institutions (HEIs) in Manchester, the public benefit provided is largely to students and staff of those HEIs, some 85,000 people. This restriction arises from our objectives, and is appropriate given our resources, and the chaplaincy provision made in other university towns.

In furtherance of its objectives, in 2022-23 the charity:

Employed a chaplaincy team and provided office and meeting accommodation.
Offered a Christian Chaplaincy team, so advancing the Christian Religion for the benefit of the public in the area.
Provided pastoral care to students, particularly where their problems have a religious component.
Provided a multi-faith prayer room and chapel.
Offered weekday prayers and services
Offered a student focused volunteer programme to engage with students
Provided a place where university students and staff can congregate and encounter both one another and the divine.
Offered a community café where values of faith are expressed.
Provided a Wholeness Programme that offers tuition in physical and spiritual wellbeing.
Continued with a financial hardship project that supports students with food and wellbeing resources.
Running St Peter's House as a chaplaincy centre
Offering office space for a variety of charitable and faith-based organisations.
Provided advice to the Universities and the Student Unions on matters of faith and the religious requirements of the students.
Developed a Multi-Faith Chaplaincy team, promoting religious harmony in the area.

Page 1

ST PETER'S HOUSE CHAPLAINCY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023

ACHIEVEMENT AND PERFORMANCE

Towards the end of the 2022/23 year, the charity's main funders advised the trustees that they were no longer in a position to support St Peter's House chaplaincy. The trustees therefore took the decision to wind up all operations. A combination of some ongoing transition grants from the funders and the charity's reserves enabled a phased and orderly wind down of all operations. This commenced with closure of the community café in July 2023, followed by wind up of nearly all other operations by December 2023.

All staff had left the charity's employment by December 2023. The trustees are grateful for the work and dedication of the staff during their time at St Peter's House.

St Peter's House has been a vibrant place of community for the last fifty years and the organisations which have funded it recognise that the pressing need for chaplaincy continues. They have given their assurance that work is underway to ensure that a reimagined offer of Christian chaplaincy is put in place at the University of Manchester and Manchester Metropolitan University, beyond the work of St Peter's House.

During 2022/23, St Peter's House continued to operate out of large premises on Oxford Road, Manchester. The building was not fit for purpose in the long term, requiring significant investment on repairs and improvements. With full repairing and renewal responsibility for the building, the charity was facing significant future costs. Having decided to close operations, responsibility for the building will revert to its 50/50 beneficial owners, Manchester Diocesan Board of Finance and Trustees for Methodist Church Purposes. The legal actions to make this change in responsibility are close to completion.

St Peter's House has provided space in its building to a range of charities, student start-ups and other not-for-profit organisations. With one exception, they all moved out of St Peter's House by January 2024.

Finance

Jane Cooksey Ltd is accountant and independent examiner.

Garrie Naden is the Treasurer.

FINANCIAL REVIEW

Financial position

In the current year 2022/23 there was a deficit of £65,149 (2021/22 deficit of £15,990). At the end of the year unrestricted funds amounted to £45,758 (2022 - £110,907) and restricted funds were £1,791 (2022 - £1,791).

After the year end, the charity has had sufficient income and reserves to ensure the orderly wind down of operations. At the date of this report, there remain sufficient reserves to complete all wind-up matters, the trustees will then consider appropriate use of any residual funds.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The board met seven times during the year.

The CIO's charitable activity is primarily chaplaincy.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1166935

Principal address

St Peter's House Precinct Centre Oxford Road Manchester M13 9GH

Page 2

ST PETER'S HOUSE CHAPLAINCY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023

Trustees

Dr B J Treves Brown Revd Dr C Wickens G Naden Revd A J Lunn Ms H J Platts Revd Dr S J Oxley Archdeacon K B Lund Revd M J Coe (appointed 23.8.2022) S Davies Ms J L Clough (resigned 31.7.2023) M Hart (resigned 11.4.2023) Revd C Downing (appointed 27.6.2023)

Independent Examiner

Jane Cooksey Jane Cooksey Limited 15/16 Boarshurst Bus. Park, Boarshurst Lane, Greenfield Oldham Lancashire OL3 7ER

Approved by order of the board of trustees on 23 October 2024 and signed on its behalf by:

G Naden - Trustee

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST PETER'S HOUSE CHAPLAINCY

Independent examiner's report to the trustees of St Peter's House Chaplaincy

I report to the charity trustees on my examination of the accounts of St Peter's House Chaplaincy (the Trust) for the year ended 31 July 2023.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Jane Cooksey

The Association of Chartered Certified Accountants

Jane Cooksey Limited 15/16 Boarshurst Bus. Park, Boarshurst Lane, Greenfield Oldham Lancashire OL3 7ER

23 October 2024

Page 4

ST PETER'S HOUSE CHAPLAINCY

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2023

Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 193,084 Charitable activities Chaplaincy activities 5 5,000 Other trading activities 3 312,467 Investment income 4 763 Total 511,314 EXPENDITURE ON Raising funds 6 167,344 Charitable activities Chaplaincy activities 7 396,784 Other 12,335 Total 576,463 NET INCOME/(EXPENDITURE) (65,149) RECONCILIATION OF FUNDS Total funds brought forward 110,907 TOTAL FUNDS CARRIED FORWARD 45,758	Restricted funds £ - - - - - - - - - - 1,791 1,791	2023 Total funds £ 193,084 5,000 312,467 763 511,314 167,344 396,784 12,335 576,463 (65,149) 112,698 47,549	2022 Total funds £ 183,833 18,000 249,594 74 451,501 140,195 210,804 116,492 467,491 (15,990) 128,688 112,698

The notes form part of these financial statements

Page 5

ST PETER'S HOUSE CHAPLAINCY

BALANCE SHEET 31 JULY 2023

Unrestricted fund Notes £ FIXED ASSETS Tangible assets 12 - CURRENT ASSETS Stocks 13 1,000 Debtors 14 7,159 Cash at bank 56,688 64,847 CREDITORS Amounts falling due within one year 15 (19,089) NET CURRENT ASSETS 45,758 TOTAL ASSETS LESS CURRENT LIABILITIES 45,758 NET ASSETS 45,758 FUNDS 16 Unrestricted funds Restricted funds TOTAL FUNDS	Restricted funds £ - - - 1,791 1,791 - 1,791 1,791 1,791	2023 Total funds £ - 1,000 7,159 58,479 66,638 (19,089) 47,549 47,549 47,549 45,758 1,791 47,549	2022 Total funds £ 1,154 3,648 2,316 123,905 129,869 (18,325) 111,544 112,698 112,698 110,907 1,791 112,698

The financial statements were approved by the Board of Trustees and authorised for issue on 23 October 2024 and were signed on its behalf by:

G Naden - Trustee

The notes form part of these financial statements

Page 6

ST PETER'S HOUSE CHAPLAINCY

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 JULY 2023

Notes Cash flows from operating activities Cash generated from operations 1 Interest paid Net cash used in operating activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period	2023 £ (65,426) - (65,426) (65,426) 123,905 58,479	2022 £ (15,299) (163) (15,462) (15,462) 139,367 123,905

The notes form part of these financial statements

Page 7

ST PETER'S HOUSE CHAPLAINCY

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 JULY 2023

1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES

	ACTIVITIES
				2023	2022
				£	£
	Net expenditure for the reporting period (as per the Statement of
	Financial Activities)			(65,149)	(15,990)
	Adjustments for:
	Depreciation charges			1,154	1,154
	Interest paid			-	163
	Decrease/(increase) in stocks			2,648	(3,046)
	(Increase)/decrease in debtors			(4,843)	18,061
	Increase/(decrease) in creditors			764	(15,641)
	Net cash used in operations			(65,426)	(15,299)
2.	ANALYSIS OF CHANGES IN NET FUNDS
		At	1.8.22	Cash flow	At 31.7.23
			£	£	£
	Net cash
	Cash at bank	123,905		(65,426)	58,479
		123,905		(65,426)	58,479
	Total	123,905		(65,426)	58,479

The notes form part of these financial statements

Page 8

ST PETER'S HOUSE CHAPLAINCY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 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.

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.

Fixtures and fittings

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

continued...

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ST PETER'S HOUSE CHAPLAINCY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023

2. DONATIONS AND LEGACIES

Core grants Donations 3. OTHER TRADING ACTIVITIES Rental Income Recharges Cafe Wholeness The Well/HAF Other income Insurance claim 4. INVESTMENT INCOME Bank Interest Received	2023 £ 190,548 2,536 193,084 2023 £ 132,101 - 137,309 4,208 26,870 1,750 10,229 312,467 2023 £ 763	2022 £ 183,833 -
		183,833
		2022 £ 131,340 7,499 108,026 2,729 - - -
		249,594
		2022 £ 74

5. INCOME FROM CHARITABLE ACTIVITIES

Furlough grants received in the year are matched on a time basis with the associated salary for which the grant is made.

6. RAISING FUNDS

Other trading activities

Other trading activities
Staff costs Bad debts Cafe costs	2023 £ 98,537 - 68,807 167,344	2022 £ 80,310 648 59,237
		140,195

continued...

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ST PETER'S HOUSE CHAPLAINCY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023

7. CHARITABLE ACTIVITIES COSTS Chaplaincy activities 8. SUPPORT COSTS Management £ Other resources expended - Chaplaincy activities 1,154 1,154 9. TRUSTEES' REMUNERATION AND BENEFITS	Direct Costs £ 246,022 Finance £ - 443 443	Support costs (see note 8) £ 150,762 Other £ 1,687 149,165 150,852	Totals £ 396,784 Totals £ 1,687 150,762 152,449

There were no trustees' remuneration or other benefits for the year ended 31 July 2023 nor for the year ended 31 July 2022.

Trustees' expenses Trustees' expenses 10. STAFF COSTS Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Chaplaincy Trading activities		2023 £ 459 2023 £ 298,454 23,079 19,765 341,298 2023 3 12 15		2022 £ 261 2022 £ 236,456 18,381 16,512 271,349 2022 5 8 13

No employees received emoluments in excess of £60,000.

continued...

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ST PETER'S HOUSE CHAPLAINCY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 183,833 Charitable activities Chaplaincy activities 18,000 Other trading activities 249,594 Investment income 74 Total 451,501 EXPENDITURE ON Raising funds 140,195 Charitable activities Chaplaincy activities 210,804 Other 116,492 Total 467,491 NET INCOME/(EXPENDITURE) (15,990) Transfers between funds 75 Net movement in funds (15,915) RECONCILIATION OF FUNDS Total funds brought forward 126,822 TOTAL FUNDS CARRIED FORWARD 110,907	Restricted funds £ - - - - - - - - - - (75) (75) 1,866 1,791	Total funds £ 183,833 18,000 249,594 74 451,501 140,195 210,804 116,492 467,491 (15,990) - (15,990) 128,688 112,698

continued...

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ST PETER'S HOUSE CHAPLAINCY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023

12. TANGIBLE FIXED ASSETS COST At 1 August 2022 and 31 July 2023 DEPRECIATION At 1 August 2022 Charge for year At 31 July 2023 NET BOOK VALUE At 31 July 2023 At 31 July 2022 13. STOCKS Stocks 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Prepayments and accrued income 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Taxation and social security Other creditors	2023 £ 1,000 2023 £ 3,780 3,379 7,159 2023 £ 4,873 10,292 3,924 19,089	Fixtures and fittings £ 10,943 9,789 1,154 10,943 - 1,154 2022 £ 3,648 2022 £ 2,316 - 2,316 2022 £ 544 10,181 7,600 18,325

continued...

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ST PETER'S HOUSE CHAPLAINCY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023

16. MOVEMENT IN FUNDS

Unrestricted funds General fund Restricted funds Student Hardship Fund - overseas Student Hardship Fund - local Hetherington Memorial Fund TOTAL FUNDS Net movement in funds, included in the above are Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Restricted funds St Martin's Fund Student Hardship Fund - overseas Student Hardship Fund - local Hetherington Memorial Fund TOTAL FUNDS	as follows: At 1.8.21 £ 126,822 75 135 1,337 319 1,866 128,688	At 1.8.22 £ 110,907 135 1,337 319 1,791 112,698 Incoming resources £ 511,314 511,314 Net movement in funds £ (15,990) - - - - - (15,990)	Net movement At in funds 31.7.23 £ £ (65,149) 45,758 - 135 - 1,337 - 319 - 1,791 (65,149) 47,549 Resources Movement expended in funds £ £ (576,463) (65,149) (576,463) (65,149) Transfers between At funds 31.7.22 £ £ 75 110,907 (75) - - 135 - 1,337 - 319 (75) 1,791 - 112,698

continued...

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ST PETER'S HOUSE CHAPLAINCY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023

16. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds General fund TOTAL FUNDS	Incoming resources £ 451,501 451,501	Resources Movement expended in funds £ £ (467,491) (15,990) (467,491) (15,990)

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds General fund Restricted funds St Martin's Fund Student Hardship Fund - overseas Student Hardship Fund - local Hetherington Memorial Fund TOTAL FUNDS	At 1.8.21 £ 126,822 75 135 1,337 319 1,866 128,688	Net movement in funds £ (81,139) - - - - - (81,139)	Transfers between funds £ 75 (75) - - - (75) -	At 31.7.23 £ 45,758 - 135 1,337 319 1,791 47,549

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 TOTAL FUNDS	Incoming Resources Movement resources expended in funds £ £ £ 962,815 (1,043,954) (81,139) 962,815 (1,043,954) (81,139)

Page 15

continued...

ST PETER'S HOUSE CHAPLAINCY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 July 2023.

Page 16

ST PETER'S HOUSE CHAPLAINCY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2023

INCOME AND ENDOWMENTS Donations and legacies Core grants Donations Other trading activities Rental Income Recharges Cafe Wholeness The Well/HAF Other income Insurance claim Investment income Bank Interest Received Charitable activities Grants Total incoming resources EXPENDITURE Other trading activities Café wages Social security Café pensions Bad debts Cafe costs Charitable activities Trustees' expenses Wages Social security Pensions Postage and stationery Advertising Chaplains Programme Fund Interest payable	2023 £ 190,548 2,536 193,084 132,101 - 137,309 4,208 26,870 1,750 10,229 312,467 763 5,000 511,314 85,265 8,834 4,438 - 68,807 167,344 459 193,470 12,983 14,370 4,138 1,015 19,587 - 246,022	2022 £ 183,833 - 183,833 131,340 7,499 108,026 2,729 - - - 249,594 74 18,000 451,501 71,267 6,474 2,569 648 59,237 140,195 261 148,674 11,207 13,054 3,283 11,306 21,428 163 209,376

This page does not form part of the statutory financial statements

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ST PETER'S HOUSE CHAPLAINCY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2023

Charitable activities Other The Well costs Support costs Management Depreciation of tangible and heritage assets Finance Bank charges Other Wages Social security Pensions Insurance Light and heat Repairs and renewals Refuse and cleaning Professional fees Office hardware/software Sundries Accountants remuneration Total resources expended Net expenditure	2023 £ 10,648 1,154 443 19,719 1,262 957 13,205 19,086 57,320 7,228 27,114 2,795 479 1,687 150,852 576,463 (65,149)	2022 £ - 1,154 274 16,515 700 889 12,121 17,455 24,425 11,999 25,023 4,895 1,107 1,363 116,492 467,491 (15,990)

This page does not form part of the statutory financial statements

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