2023-05-31-accounts - Victory Outreach Manchester

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Reference and Administrative Details	Reference and Administrative Details	Reference and Administrative Details
Trttstees' Report
Independent Exatniner's		Report
Statetnent ofFinancial		Activities	10to 11
Balance Sheet
Notes to the Financial	Statements		13to27

Trustees			MW Moyo
			CMason
			SKowalczyk
			N Tetteh
Charity Registration		Number	1167670
Principal Office			19Liverpool Street
			Salford
			M5 4LY
Independent	Examiner		McKellens Limited
			11Riverview
			The Embankment	Business Park
			Vale Road
			IIeaton Mersey
			Stockport
			SK43GN
8anl&ers			NatWest Bank Plc
			182Deansgate
			Manchester
			M3 3LY

		and Lo	sses)
			Unrestricted	Restricted	Total
			funds	funds	2023
		Note		f.
Income aud Endovvments	from:
Donations and legacies			286,239	23,837	310,076
Charilable activities			3,330	105,513	108,843
Other trading activities			2,580	737	3,317
Investment income			3	899	902
Other income			997	5	1,002
Total income			293,149	130,991	424,140
Expenditure on:
Raising funds		8	(4,224)	(5,571)	(9,795)
Charitable activities		9	(171,972)	(51,643)	(223,6IS)
Other expenditttre		ll	(119,478)	(38,473)	(157,951)
Total expenditure			(295,674)	(95,687)	(391,361)
Net (expenditure)/income			(2,525)	35,304	32,779
Transfers between funds			5,500	(5,500)
Net movement in funds				29,804	32,779
Reconciliation offunds
Total funds brought foevard			94,885	185,603	2S0,48S
Total fttnds carried forward			97,860	215,407	313,267

		aud Lo	sses)
				Year ended	31May 2022
			Unrestricted	Restricted	Total
			funds	funds	2022
		Note	f.		f.
Income and Endowments	from."
Donations and legacies			276,525	12,226	288,751
Charitable activities			l 1,299	98,090	109,389
Other trading activities			965	860	1,825
Investment income				31	31
Other income				223	266
Total income			288,832	111,430	400,262
Expenditure on;
Raising funds			(1,144)	(1,003)	(2,147)
Charitable activities Other expenditure			(132,523) (339,839)	(71,731) ~12,533i	(204,254) (152,372)
Total expenditure			(273,506)	(85„267)	(358,773)
Net income			15,326	26,163	41,489
Transfers between funds			(17,201)	17,201
Net movement in funds			(1,875)	43,364	41,489
Reconciliation offunds
Total funds brought forward			96,760	142,239	238,999
Total funds carried forward		23	94.885	185,603	280,488

		Ba	lance Sheet as at 31	May 2023
						2022
					2023
				Note		As restated
Fixed assets
Tangible assets					161,844	155,725
Current assets
Debtors				18	7,837	10,634
Cash at bank	and in hand			19	188,598	169,995
					196,435	180,629
Creditors: Amounts		falling due within	one year	20	(21,285)	(21,287)
Net current	assets				175,150	159,342
Total assets	less current liabilities				336,994	315,067
Creditors; A.mounts		falling due after	more than one year	21	(23,727)	(34,579)
Net assets					313,267	280,488
Funds ofthe chatity;
Restricted incoine funds
Restricted funds					215,407	185,603
Unrestricted	income	funds
Unrestricted	fimds					94,885
Total funds					313,267	280,488

3	Income from	donations	and legac	ies
				Vurestricted
				funds	Restricted	Total	Total
				General	funds	2023	2022
						f.
Donations and legacies;
	Donations from	individuals		256,379	130	256,509	244,475
	Gift aid reclaimed			29,360	6,007	35,367	39,026
Grants, including		capital grants;
	Grants from other charities				17,700	17,700	5,250
Gifts in kind						500
				286,239	23,837	310,076	288,751
4	Income from	cbaritable	activities
				Unrestricted
				funds	Restricted	Total	Total
				General	funds	2023	2022
				f.
	Run4Hope				18,055	18,055	24,653
	Rent receivable			3,330		3,330	11,299
	United We Can				87,458	87,458	73,437
				3,330	105,513	108,843	109,389

				Unrestricted	Unrestricted
				funds		Restricted	Total	Total
				General		funds	funds	2022
Trading income;
	Other trading	income		2,385			2,847		102
Events income;
	Other events income				150		150		763
Local fundraising			and street
collection income					45	275	320		100
				2,580		737	3,317		965
6	Investment	income
				Unrestricted
				funds		Restricted	Total	Total
				General		funds	2023	202?
interest receivable			and similar
income;
	Interest receivable on bank
	deposits								31
7	Other income
				Unrestricted
				funds		Restricted	Total	Total
				General		funds	2023	2022
Fees and supplies				997		5	1„002

				Unrestricted
				funds	Restricted		Total		Total
				General	funds		2023		2022
				Note					g
Donanons				3,471	5,320		8,791		2.147
b) Costs	oftrading		activities
					Unrestricted
					funds		Restricted		Total
					General		funds		2023
				Note
Costs ofgoods sold						753		251	1,004
						753			1,004
9 Expenditure		on	charitable	activities
				Unrestricted
				funds	Restricted		Total		Total
				General	funds		2023		2022
			Note
Services, teaching,
hospitality	and
pastoral				8,931	5,471		14,402		16,998
Events				529	1,755		2,284		2,707
Grant funding of
activities				32248	35,810		68,058		54,	196
Staff costs				123,849	4,492		12&,341		129,428
Governance	casts		10	6,415	4,	115	10,530			925
				171,972	51,643		223,615		204,254

					Unrestricted
					funds	Restricted	Total	Total
					General	funds	2023	2022
Independent	examiner		fees
Examir3ation ofthe			financial
statements					635	265	900
Other fees	paid	toexaminers			5,780	3,850	9,630
Other governance		costs						25
					6,415	4,115	10,530
11 Other expenditure
					Unrestricted
					funds	Restricted	Total	Total
					General	funds	2023	2022
				Note			f.
Legal &professional			fees		5,801	14,770	20,571	40,733
Rent bed rates					42,114		42,114	36,996
Depreciation,	amortisation
and other similar costs					7,476	45	7,521	5,646
Utilities					20,480	1,199	21,679	19,100
Travel k subsistence					10,155	19,596	29,751	12,800
ITcosts					3,556		3,556	3,791
Equipment E;	maintenance				12,731	1,850	14,581	15,675
General expenses					7,996	237	8,233	6,335
insurance					3,618	142	3,760	4,033
Bank charges	k interest				5,551	634	6,185	7,263
					119,478	38,473	157,951	152,372

12 Net incomingj'outgoing	12 Net incomingj'outgoing	resources
Net incoming	resources for	the year include:
					2023	2022,
						p
Depreciation	offixed assets				7,521	S,646
13 Trustees	remuneration	aud expenses
During the year the charity		made the following	transactions	with trt&stees:
SKowalczyk

14 Staff costs The aggregate payroll costs were as follows:
	2023	2022
Staff costs during the year were:
Wages and salaries	117,475	118,346
Social security costs	3,S81	3,360
Pension costs	3,025	2,739
Other staff costs	4,260	4,983
	128,341	129,428

2023	2022
No	No
		10

15 Independent	examiner's	remuneration	remuneration
						2023		2022
Examination ofthe tlnancial		statements					900	900
Other fees to examiners
All other services						9,630
16 Taxatlon
The charity is aregistered	charity and is		therefore exempt		ftum taxation.
17 Tangible fixed assets
	Land and		Furniture	and		General
	buiklings		equip ment		1Vlotor vehicles	Equip	ment	Total
Cost
At 1 June 2022		129,000	15,359				65,501	2Q9,860
Ad ditions				1,340	12,300			13,640
At 31May 2023		129,000	16,699		12,300		65,501	223,500
Depreciation
At I June 2022			5,955				48,180	54,135
Charge for the year				1,581	1,025		4,915	7,521
At 31May 2023			7,536		1,Q25		53„095	61,656
Net book value
At 31May 2023		129,000	9,162		11/75		12,406	161.544
At 31May 2022		129,000	9,404				17,321	155,725
18jlebtors
						2023		2022
Trade debtors						1,323		1,022
Prepayinents						5,062		8,919
Other debtors						1,452		693
						7,837		10,634

			2023	2022
Cash on hand			430	75
Cash at bank			188,168	169,920
			188,598	169,995
ZQ Creditors". amounts	failing due within	one year
			2023	2Q22
Bank loans			8,886	5,201
Trade creditors			3,455	1i/59
Other creditors			3,431	(1,319)
Pension scheme creditor			606	691
Accruals			4,907	5,455
			21385	21,287

Zl C	reditors: atnounts falling due after one	year
		2023	2022
Bank	loans	23,727	34,579

Oper sting	Oper sting	lease commitments	lease commitments
Total	future	minhnum	lease payments	under non-cancellable	opemting	leases are as follows:
						2023	2022
Land	and buildings
Within	one	year				12~49	9,252
Other
Within	one	year				1,584	1,584

23 Funds
							Balance at
			Balance at 1	Incoming	Resources		31May
			June 2Q22	resources	expended	Transfers	2023
			tt
Unrestricted	funds
Gen.eral			94,885	293,149	(295,674)	5,500	97,860
Restricted Funds
United We	Can		139,630	112,837	(81,120)	(5,500)	165,847
Building Fund			45,973	49	(5,418)		40,604
Other Restricted Donations				395			395
Community	Wrap	around
Services				17,710	(9,149)		8,561
Total Restricted funds			185,603	130,991	(95,687)	(5,500)	215,407
Total funds							313267
							Balance at
			Balance at 1	Incoming	Resources		31May
			June 2Q22	resources	expended	Transfers	2023
			f.			g	f.
Unrestricted	funds
General			96,760	288,832	~273,306	ii7,20ii	94,8fiS
Restricted Funds
United We	Can		80„971	106,348	(64,890)	17,201	139,630
Building Fund			49,940	82	(4,049)		45„973
Comnatnity	Wraparound
Services			10,300	5,000	(15,300)
Covid-19 Hardship		Fund	1,028		(1,028')
Total Restricted funds			142,239	111,430	(85,267)	17,201	185,603
Total funds			238,999	400462	358,773)		280,488

			Unrestricted		Total funds at
			funds	Restricted	31May
			General	funds	2023
					f.
Tangible		fixed assets	160,548	1„296	161,844
Current	assets		(17,676)	214,111	196,435
Current	liabilities		(21,285)		(21,285)
Cteditots		over 1year	(23,727)		(23,727)
Total net		assets	97,860	215,407	313,267
			Unrestricted		Total funds at
			funds	Restricted	31May
			General	funds	2022
Tangible		fixed assets	155,725		155,725
Curat	assets		(2,634)	185,603	182,969
Current	liabilities		(23,627)		(23,627)
Creditors		over 1year	(34,579)		(34,579)
Total net		assets		185,603	280,488