Charity registration number.. 1167670
Victory Outreach Manchester
(Cl]aritable InGorporated Organisation)
Allnual Report and Financial Statements
for the Year Ended 31 May 2025
McKellens Limited
I l Riverview
The Embanl(meiit Business Park
Vale Road
Heaton Mersey
Stockport
SK4 3GN

Victory Outreach Mallche5ter
Contents
Reference and Administrative Details
Trustees, Report
2to8
Independent Exaininer's Report
St&ternent of Financial Activitie
Iotoll
Balance Sheet
12
Notes to th¢ Finw)cial Statsments
13to27

Victory Outreach Ilqanchester
Reference and Administrative Details
Trustees
Mwmoyo
N Tetteh
Eojo
1167670
Charity RegistrAtAon Number
Principal Offiee
19 Liverpool Street
Salford
M5 4LY
Independent Examiner
McKellens Limited
I l Riverview
The EMb￿1kment Business Park
Vale Road
Heaton Mersey
Stockport
SK4 3GN
Banliers
Natwest Banlc PIC
182 Deansgate
Manchester
M3 3LY
Page I

Victory Outreach Manchester
Trustees, Report
The trustees. who are dil'ecto￿ for the pui'poses of CDmpany law, pi'esent the annual report togethd with the
financial statements of the charitable company for the year ended 31 May 2025.
Objeet1v￿ *lld 4ctivitles
Objects and aznis
l. The advAn¢ein¢M of the Christian F&ith in a¢¢ordAnce wilh the statem¢nts of belief s¢t out xii th¢ s¢h¢dule
app¢aring at ih¢ end of die Collstitution and th¢ worship of God ill the said country ￿ld elsewhere and by any
means wh&tsoevei' including (but not by way of limitation) the preaching and proclamation of the Christian
Gospel and the teaGhing of Chri5tiaii doctrine and prlliGiples and the pastoral Gare of Christian people ￿]d tlie
printing and distribution of the Bible and Christian litei'ature iiiGluding video and audio recordings OT CDS and
by ally Other rnedia whicli is or may become available.
2. The rellef of persons who in conditions of need or Iwdship and consequently are in distress or who
sid<.
3. The advanceinent of education on the basis of th¢ abov¢ Ckllistian prinGipl¢8 l￿d without prejudi¢¢ to th¢
geiierality of the thregoing provisions of such education itt any edii¢ational establishmentand if the trustees so
decide the provisioE] of one or rnore charitable eduG&tion establi5hment5 for the general education of Ghildren or
adiilts on the basis of such ChrEStiE￿ principles.
4. Meetings and events for ￿]quirerS into the Christian faitli.
Victory Outreacb is an Illtsrnationai Christian Mrnisty orientated churcb called to the task of evangelisillg and
discipling the hurting people of the world with the message of hope and the plan of Jesus Christ. This call
involves a ¢On￿nIt￿¢￿t to plant and develop ohurches, rehabilitation homes and traijtug cellttEs in strategic
cities of tbe world. Victory Oiitrea¢h inspires and ingtils witbill people the desire to fidfil their potentials in life
with a gense o'Fdignity, belonging and destiny.
Page 2

Victory Outreach Manchester
Trustees, Report
Objectlves, strategles and actlvltles
Victory Outreach Manchester experienced a transformative year for the period eliding 31 May 2025. The charity
PTlOlltised TestLVCturing its administrative striictiwes and staffing to better reflect the evolving needs of tli¢
orgallisation.
In addition to these stru¢Nral changes, w¢ wntillued oui. outreach programmes and community engagements.
W¢¢kly É¢achings, prayer meetings, and outreach events reinained Gentral to oui. activities, providing vital
support to thos¢ in need across M￿l¢heSt¢r and Salford. Our dedication to upliftirLg individuals facing hardship
through faith-based initiatives has been uiiwaveriiig.
This year also saw tl)e enhattcement of leadership stLMctures within the chiii'ch. We focused on building capacity
by integrating experts in fLiiance and adrninistration ￿}d nurturing young talent to secure the organisation's
future. These efforts Unde￿¢Dre our coinmitment to ensuring tI￿t Victory Outreach m￿l¢h¢ster remains &
beacon of hope and SPll'Étual guidance in the community.
The charity continues doing fruitful work in assisting men and women whose lives have been elldallge￿d by
substallre and ai¢ohol misus¢ to b¢¢om¢ sober alld clean with tL]e added benefit of reducing re-offending.
Further, our ¢ommunity's growing intsrest in famtly life ￿]d parentiiig S￿ young people eiicoiwaged to engage
with po8ltive role models, inoluding Bible study givups, prayer meetings, music and dran￿. Tlie charity remains
the beacon of hope withlll the cominunity it serves due to the uniqueness of what we do. This year, the charity
owed its continued existence thTougl)out tlie year to the ut]fjinching dedication and support of our people and
volunteers to the mission. We are improving faith ￿]d wellbeing among our members and the community
througb teaching and outreach activit£es, including weekly t¢a¢bitLgs and events ￿&Chillg oul to prostitutes, di'ug
addicts. alcoholic8. the homeless and the hi￿tIllg people all over the ¢ity of Salford. Manchester and its
surrouiidings.
Page 3

Victory Outreach Manchester
Trustees, Report
Key Achievements in 2024-25
Oiganis¢d the UIC and GeiTnany Region onliiie Ruti4Hope fundraiser Én September 2024. The amouut raised
was £35,201.20.
Cod¢ R¢d - Saw many women in hostels siiffering from domestic violence and street WOTk¢rs receiving
personal encourageinent and personal gifis.
. Christ]nas Production for the Third W&ve GANG (God AJ]Oillted Now Generatiot)) mitlistry.
Provided Cliristmas Day meals for all those within the chiwch and local cotnmunity who did not have f￿nIlY or
allywhere else to go oil christm￿ Day and our flagship Year's Eve ¢elebrdtion and tbffjnksgiving servi¢e.
• VO Glasgow. VO Franlcfirt & VO Birmingham conÉiniied to grow and sustain its operational model courtesy
of our United We Can fund (UWC).
. Participated in the annual Senior Pastors Strategic and vision casting meeting in Mexico.
Well represented at th¢ Nfiglity M¢n of Valor alld the United Women in Ministy Conf'erence, which all
happerLed in America.
. Successfidly supported yoiing adults to attend Eh¢ Urban Traitiijg Centre ill Am¢ri¢a.
Continued tlie weekly church-wide onlineliii-person prayer meetings ￿la monthly m¢n and wom¢ll prayer
m¢¢tings as we s¢¢ growth in n]any of oui. members, pl'ayer and Spll'itual lives.
Organised a couple's retreat derived froin our monthly married life group which includes series of activities
and t¢4rhing for wupl¢s with Seasoned couples sbaring their wealth of knowledge and experience in marriage to
l1¢lp our m¢mbers.
Contiiiuing with the legal e5tablisbiuellt of starting a llew clwity in Dublin, Ireland with a lOng-ter￿ view to
open a ttew church.
Continued with theological teachings through VETI and ¢n¢oiirag¢d i1p-and￿0￿1ng l¢ad¢rs to wntinue their
growth ttRck towards pastoral licensing.
Conducted several An-person member gatherings to strengtheii the community, connection, and relationships
within the church and altra¢t new m¢mbers.
. Baptised severaj new con£regatiDn members and dedicated m￿Y new babies to God.
. Pastoral staff conducted several weddings over the course of the year.
. UK & Germany regional conference, which toolc place in Manchester. We saw many members from the region
ome together, whi¢h allow¢d them to build new relationships and receive direction on where God is leading the
r¢gion.
Publlc benéJ71
The Charity ackniowledges its requirement to detnonstrate clearly that it miist have cliaritable purposes or'aims,
that are for the public benefit. Detai15 of liow tlie ¢harity has a¢heived this are provided in the Trustees, report.
The Trustees confirin that diey have patd du¢ regard to the Charity Commission's giiidanrk on public beiiefit
before deciding what aGtivtti¢s the Gharity should undertalce.
Page 4

Victory Outreach Manchester
Trusteesl Report
The tiustees confirm th&t they ht¥ve complied with the requirements of sectioi) 17 of the Charities Act 2011 to
have due regard to die public benefit guidance piiblished by the Charity Commission foi. En8lalld and Wales.
FinxnciAI revie
Total income in the year was £411,435 (2024: £428,468) and total expenditure £401,566 (2024: £415,924). This
has generated a surplus of £9,869 (2024: £12,526).
Principulfund¥ng sources
The charity relies Oll voluntwy income as its Plillcipal source of fijndityg, Tot￿ donations amounted 10 £290,539
(2024.. £318.869).
Income from charithble activities amounted to £111,256 (2024., £102,236), Income fiDm activities for generating
funds amounted to £6,047 (2024". £4,606).
Pollcy on reservas
Th¢ Triistees havc Gonsidered the level of reserves they wish to retain appropriat'e to the charity's needs. Tliis is
based on the charity's size and the level of financial coiThnitments held. The Trustees aitn to ensure the charity
can to continue to fulfil its oharitable objectives even if there is & temporary shortfall in income or unexpected
expenditure, The Trustees will endeavour not to set aside funds iinThec¢ssarily.
Page 5

Victory Outreach Manchester
Trusteesl Report
PIAns for the year aheAd 2025-26
Plans for 2025-26 are to continue the core delivery of Bervices In-house alld online while establishing an
enhanced le84dership structtire for the church's continued growtb. As we have received a high level of new
Jnembership, we feel it is es5entiaJ to provide a V￿￿ety of trainiug lif¢ groiips to establish their Cl]ristian
journey.
We will also continue to explor¢ opporlunities to exp&iid th¢ ininistry aGross the regio￿ in¢luding IT¢l￿a,
Wales and Europe.
E88ential items on the agenda for next year are a8 follows.,
Rennovation of tlie new men's home purchased to expand our 8UPPOrt for mell in need, which is in addition to
the oiie we now own mortgage free.
PromotiThg the Vision Partners" pyogratnme, to engage ciirrent donors and encourage more individuals
and busiiiesses from outside the Ghurrh to paTtll￿ witli ow. Ch￿lty finanGially and tlu'ough volunteering.
Providing fmance workshop events to ¢xplor¢ simple, faith-groiinded principles for inanaging money wisely
including biidgeting, saving, spending intention and planning for the future.
Continuiiig the "Pipeline" biblical education system, providing professional and tailored classes for members
of our church.
. Lvlunching 10 n¢w City Groups across Manchester to connect witb metnbers of the congregation in those areas
and to r¢aEb each town in Manchester.
Continuitig cor¢ s¢rYi¢¢s botb ill-persoll and onlille. illcluding prayer Meetings. Bible teachings, and life
groups.
. Upgrading technological capabxliti¢s to aG¢ommodate our growing membership.
ty Intensifying efforts to secure ftiThdiLig through innovative strategies and comrnuiiity-driven initiatives like th
Run4Hope ¢vent.
• Expanding ministry rea¢h into Ireland and other regions, ¢stablishii]g Thew centres whetE needed,
. Supporting the new Victory OuttYa¢b Chi￿Ch plant in Sweden.
• Maintaining and enhance parlnerships with prO£￿s1onal5 and volunt¢ers, ensuring th¢ ¢harity'S groM¢h and
resilien¢¢.
• Run for Hope (R4H) which will allow us to ¢onnect witb the ¢ommunity once ag&in througb tbis event and to
support people willing to tske part - as an ongoing fundraising initiative for ministy development which has
mobilised hundreds of people to raise money for reaching vulnerable people ￿rosS the UK.
We will continue the in-persou and onlin¢ t¢a¢hings as part of our r¢gular a¢tiNitie8, including nwriage
teachings, relationship teachings, leadership teaching, pareThtiThg training, Bible teachings, life groups, VETI -
theological training> pray￿ times (WedneSday￿ridaY1saturdaY), regional conferences for men, women and
Idren, dan¢e and performing arts classe8 for Next Gen.
Page 6

Victory Outreach Manchester
Trustees, Report
Continue to n]f4intain wntaGt with Gon￿'¢gatio11 fll¢mb¢rs via In-p¢￿0￿ serviG¢s/m¢¢tings, WlialsApplZoom/
tel¢phon¢lemaAI, and visits wh¢n nec¢ssary.
New Trustees are being recruited to join the board. New Structures are being developed in term5 of growtb
plallning and policieB and procedures are continu&lly being updated.
Trustees and officen
The ttllstees and officers serving during the ye￿. ￿]d since the year end were as follows.,
Trustees..
Mwmoyo
C Mason (resigned 25 M￿Ch 2025)
N Tetteh
E Ojo (appointed 16 April 2025)
Structure* governaiite and management
Nalure ofgoverning document
The governing document is a CIO Foundation Registered 16th June 2016.
OrgunisatioHal strHcture
Ther¢ 18 a Board of Triist¢¢s who m¢¢ls regularly to make strategic decisions a8 well as a Business Executive
Management Team. made up of Senior Pastoral Team and key Seiiior Staff of the chiirch charity whick holds
i'egular weekly busin¢ss m¢eting8 for the day to day operatiolls of the chur¢h charity. As the chU￿h ￿0W5,
apa¢ity is b¢illg built with exp¢rtS ill finallce and admiiiistration alongside identifying young talents for the
fLiÉure direction of the charity.
Mojor r£skn rtnd mAnagghtÉAt of thosÈ rlsks
RiskA&sessMe17t
The Trustees actively review the significant rislc5 the charity faces regularly and believe that maintaining the
free reseryes stst¢d, combined with the ieview of controls over ci'itical f￿ancIaL syst¢ms carried out on all
at)nual basis. WAII provide sufficient resources iii the event of aifverse conditions. The Tnistees have also
examined otlier operational and business risl(s that they face and confirm that they have estsblished systems to
niitigate tlie significant risks.
Statement of trustÈes' rÉgponsibilfities
Th¢ tKust¢¢s (who ar¢ also th¢ directors of Victory Outreach Manchester for the purposes of compony law) are
responsible foi. preparing the Érustees, i'¢port and the financial ststements in ac¢ordan¢e with appli¢able l&w and
United Kingdom AGGounting Standards (United Kingdom Generally A¢¢ept¢d A¢rounting Pra¢ti¢e), including
FRS 102 "The Financial Reportiiig Standard applicable in the UK and Repiibli¢ of Ireland
Cotnpany law requires the tru5te¢s to prepare financial statements for each fjnan¢ial year. Under ¢onTrpany law
the trustees must not appi'ove the fil￿ncial statements unless they are satisfied that tliey give a ti'ue a]id fair view
of the state of affaii's of the charitable Company and of the incorning iEsources and application of resource5,
in¢ludirng its in¢om¢ and exp¢nditure, of the clwitable company for that period. In preparing these fInanGial
stat¢m¢nts, the trustees are required to:
select Suitable a¢Gounting policies and apply them consistendy,
observ¢ the method8 alld principles in tile Charities SORP.
Page 7

Victory Outr¢ach Manchester
Trusteesl Report
make judgemellts and ¢stimates that are i'easonable and prudent.
state whether appli¢able a¢¢ountillg standards, ¢oinprising FRS 102 have been followed, subject to ally
material d¢partur¢s disclos¢d and explained in the fin￿1claI st&tements' and
prepare the finallcial statsm¢nts on the going Concei￿ basis ullless it is inappropi'iate to pre8uine that the
Ch￿'Itable company will continiie in business.
The trusÉees are responsible for Iceeping proper accounting records that can disclose with reasollable acwrncy P6t
any tinie the fInancial position of the charitabl¢ ￿rnpanY &nd ¢nablc them to ¢nsur¢ that the fmancial Statements
comply with the Compallie5 Art 2006. They are also responsible for safeguarding the agsels of the charitable
company and hence for taking reasonable steps for the prevention and detection of fraud and other I￿esUlarltteS.
The trnstees are responsible for the maintenance and integrity of the coi'porp¢te And fIn￿l¢la1 iiifortM&tioll
included oil the ¢haritabl¢ ¢ompany's website. Legislation governing the preparation and di8semiiiation of
financial stat¢m¢nts may differ from legislatloll in other Ji￿lS￿1QtiOns.
The atmual report was approved by the tru8tees of the charity on 31 March 2026 and Signed on its behalf by..
Mwmoyo
Trustee
Pag¢ 8

Victory Outreach Manchester
Independent Examiner's Report to the trllstees of Victory Outreach Manchester (Ithe
Company,)
I report to the charity tsustees on my examination of the accounts of the Cotnpany for the year ended 31 May
2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of ¢otnpally law) you ar¢
re5pon8ible for the prop8ration of the accounts in accordance with the requirements of the Companies Act 2006
('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited Ulld￿. PaTL 16 of the
2006 Act and are eligible for independent examination, I roport in re8pect of my examination of your charity's
accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'}, In canying out Jny
exan]ination I have followed the Directions given by tho Charity Con)tnission wider section 145(5)(b) of the
2011 Act.
Independent examiner's statement
Since the Company's gross income exceeded £250,000 your examiner must be a n]ember of a body listed in
section 145 of the 2011 Act. I conthm that l atn qualified to undertake the examination because I am a Member
of , which is one of the listed bodies.
I have completed my exanination. I confirnl that no matters have come to my attention in coDnection wittL the
exami]￿tIOn giving me cau8e to believe,.
accounting records were not kept in respect of Victory Outreach Mmchester a8 r¢quired by section 3 86 of
Ihe 2006 ACL. or
2. the accouits do not 8Gcord wittL those recoi'ds. or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than
any requirement that the accounts give a 'true and fair view, which is not a matter ¢onsidered as part of an
independent eXa￿InatiOn. or
4. the accounts have nol been Prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities lapplicable to charities preparing tbeir
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Treland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention
should be itrawn in this report in order to enable a proper understanding of the accounts to be reached.
Paul Roper
McKellens Limited
Chartered Accountants
I l Riverview
The Embankment Business Park
Vale Road
Heaton Mersey
Stoclwort
SK4 3GN
Date., 311)(I
Page 9

Victory Outreach Manchester
Statement of Finallcial Activities for the Year Ended 31 Ivlay 2025
(Including Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unrestrieted
fllnds
Restrlcted
funds
Total
2025
Note
Income *nd Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investtn¢nt jnGom¢
Other income
267,721
21,140
5,722
132
159
22,818
90,116
325
2,802
500
290,539
111,256
6,Q47
2,934
659
Total income
294,874
116,561
4L1,435
Expendlture on:
Raising funds
Charitabl¢ activities
Other expenditure
Total expenditiire
Net lncotnel{expenditii￿)
Transfei'8 between ftmds
(2,670)
(138,289)
(140,580)
(1,490)
(72,079)
(46,458)
(4,160)
{210,368)
(187,038)
li
(281,539)
(120,027)
(401,566)
13,335
22,013
(3,466)
22,013
9,869
Net movement in fiEnds
(8,678)
18.547
9,869
ReeoncilAation of funds
Total fuiids brought forward
107,095
218,698
325,793
Total funds ca￿led fonvatd
23
98,417
237.245
335,662
The notes on pages 13 to 27 forni all integral part of these financial Statements.
Page 10

Victory Outreach Manchester
Statement of Financial Activities for the Year Ended 31 May 2025
(Includillg Income and Expenditure Account and Statement of Total Recognised Galns
and Losses)
Yefir ended 31 LlQiy 2024
Restricted
TotAI
funds
2024
Unrestricted
funds
ote
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investment income
Other incom¢
301,270
22.120
17,599
80,116
2,541
2,513
318,869
102,236
4,606
2,516
241
241
Total income
325.699
102,769
428,468
I xpenditure on:
Rvdising funds
Charitable activities
Other expenditur
(8,356)
(162,007)
159,848
(6,734)
(43,837)
35,160
{15,090)
(205,844)
195,008
li
Total expenditure
330,211)
(85,731
(415,942
N¢t (exp¢nditure)/ill¢ome
Transfers between fiinds
(4.512)
13,747
17,038
(13,747)
12,526
Net movement in thnds
9,235
3,291
12,526
Reconciliation of funds
Total funds brougbt forward
Total funds G￿Ti¢d fonvard
97,860
215.407
313,267
23
107,095
218,698
325,793
All of tbe cbarity's activities d¢rive frotn Continuing operations during tbe above two periods.
The funds breakdown for 2024 is shown in note 23.
Th¢ not¢s on pag¢s 13 10 27 form an integral part of th¢s¢ fjndncial statements.
Pagell

Victory Outreach Manchester
(Registration number: 1167670)
Balance Sheet as at 31 May 2025
2025
2024
Note
Fixed assets
Tangible assets
17
159,708
169,205
Current &ssets
Debtors
Cash at bank ￿la in hand
Is
(1,773)
223,375
221,602
27,970
214,672
242,642
19
Creditors: Amount5 falling due within one year
20
69,439
Net current assets
185,120
173,203
Total assets Icss ¢urre]]t liabilities
344.828
342,408
Creditors: Amoullts falling due after mor¢ than oll¢ year
21
(9,166)
335,662
16,615
Net assets
325,793
rlunds of tbe th#rity:
Restricted ineom¢ funds
Restri¢t¢d funds
237,245
218,698
Unrestricted income funds
Unrestricted funds
98,417
107,095
Totsl funds
23
335,662
325,793
For th¢ fillanGial year ending 31 May 2025 the charity was entitled to exemption from al￿1t undei section 477 of
the Compan1￿ Ath 2006 r¢lating to small cotnpanies.
Dir6th1's' r¢5ponsibilitl¢S',
The m¢mb¢rs bave not required the ch￿lty to obtain an audit of its accoimts for the year in question in
accoi'dance witli sectioii 476,. alld
The directoi's acknowledge ttL¢ir responsibilities for complying with the requiretnents of the Act with respect
to accounting re¢oYd8 and the preparation ofarGoiint5.
The fmanGial statements on pages 10 ÉO 27 were approved by the trustees, and authorised for issue on 31 March
2026 and signed on their behalf by:
Mwmoyo
TTUSte¢
The notes oi) pages 13 to 27 fortn all integral part of these financial 8tstements.
Page 12

Victory Outreach Manchester
Notes to the fiinancial Statements for the Year Ended 31 May 2025
I Charity status
The prin¢ipaL pla¢¢ of busin¢ss is,.
19 Liverpool Street
Salford
M5 4LY
These fll)aJcial statem¢nts were authorised for issu¢ by th& trnst¢¢s on 31 NlarGh 2026.
2 Accounting policies
Sllmmary of glgnlflcant IlCCOlllltlng polic1￿ And key Accounting estimAtes
The prin¢ipal aocoullting policies applied in the preparation of these fillancial statements are set out below.
These policies have been consistently applied to all the Yea￿ presented, unless othe￿Vise stated.
Statement of co￿pIl￿ne¢
The financial stateinents bave been prepared in accordance with Accounting and Reporting by Clwities:
Statement of Re¢omin¢nd¢d Pra¢ti¢e (applicable to charities preparing their aocounts in a￿ordan¢¢ with tbe
FAllan¢ial R¢portlllg Standard applicable in the UK and Republic of Irekalld (FRS 102)) {Éssued in October 2019)
(Charities SORP (FRS 102)), tlie Financial Reporting Standard applicable in the UK and Repiiblic of Ii'eland
(rRS 102} wid the Coinpaniey Act 2006.
BasRs of prepar4tAon
Vi¢tory Outreach Mancbester me¢ts tbe definition of a public benefit enl'ity under FRS 102. Assets and
liabilities are initially recogllised at historical cost or transaction valiie unless otherwise stated in the relevant
accounting policy notes,
Going eoncern
The trustees consider that there are no materi&l uncertainties about the Gharity's ability to continue a5 & going
con¢ern nor any Si8llificant areas of unceitainty that affect the ¢arrying value of assets held by the charity.
Exemption from preparing a cAsh flow statenient
The charity opted to adopt Bulletin I published on 2 Febi'LWy 2016 and have therefoi'e not iiicluded a Gash flow
statement in these financial statements.
Income And endowmentB
All income is recognised once the ch9Jity has entitlement to the income, it is prob&ble that the inconie will be
received and the amoullt of tbe income receivable can be measured reliably.
Donrttions and legociay
Donp4tions are recognised when the charity has been notified in writing of both tbe amount and settlement date.
In th¢ ¢V¢llt that a donation is subject to conditions that require a level of perforrnallce by the charity before tbo
¢harity is entitled to the funds, the income is defertrd and not recognised until either those conditions are fully
mel or the fulfilment of those Gonditions is wliolly within the routrol of the Gliarity aiid it 15 PTobable that these
onditions will be fulfilled in the roporting p¢riod.
Page 13

Victory Outreach Manchester
Notes to the FinancAal Statements for the Year Ended 31 May 2025
GTanls receivable
GLznts are recogiiised when the Charity ha8 an Biititlgtn¢nt to th¢ fimds ￿la any ¢onditions linked to the grants
have been met. Where performance conditions are atta¢hed to the sraiit alld ar¢ yet to be met, the incorne Ts
recognised as a liability ￿]d included oil the b&lance slieet as deferred income to be released,
Inv￿lMent ineome
This is incliided in tbe accounts when receivable.
Othér Iptcome
Gifts in kind are accounted foT at a reasonable estitnate of tlieii. value to the charity or the ainount actually
realised. Gifts iii kind for s8le or disti'ibution are included in the accouiits as gifts only when sold or distributed
by the Glllwity. Gifts it) killd for iise by tbe clwity are included in tlie SOFA as incoming r¢soLw¢es when
receivable.
Donated services alld faciliti6s only in¢lud¢d ITh incoming resources (with an equivalent amoiwt in resoiiTC¢S
expended) where tlie benefit to tlie ch￿'lty is reasonably quantifiable, m¢¥surable and material. The value placed
on these resources is the estiinated value to the charity of the service or facility received,
Expeiiditure
All expenditure is recognised oiiGe there is a l¢gal or ¢oiistructiv¢ obligation to tbat expei)diture, it is probable
settlement is required aid the ￿llouLt oan be meaguiyd ieliably. All costs ￿e allocated to the applicable
expenditiire headillg that #ggregate sirniler costs to that. category. Where costs cannot be directly attTibiited to
particular heading5 they have been allooated on a basis ronsist¢nt with the i￿¢ of ￿$Ou￿eS, with central staff
costs allocated on the basis of time spent, deprgGiatioll Gharg¢s allocat¢d on tbe portion of tbe asset's use.
Other support costs are allocated based on the spread of staff costs.
Raislngfvnd
Thes¢ are costs incurred in attTa¢ting voluntary income, the management of investments and those incutyed ITh
trading activities that raise funds.
Churitnble activities
Charitable expenditure Comprises those costs incutTed by the charity in the delivery of it5 activities &nd serYi¢¢s
for its beiieficiaries. It includ¢s both Costs that can be allocated dire¢tly to such activities and thos¢ ¢osts of an
indirect nature necessary to support them.
Gr¢ml ￿pendItUre
Where the charity gives a grant with ¢onditions for its paynent being a specific level of service or oiitput to be
provided, such grants are only recognised in the SOFA oiice the recipient of the grant has provided the
specified,
Grattts payable without performance conditiolls are recogllised in the accounts when a commmilment has been
made and there are no conditions to be met relating to a grant which ren￿1￿ ill control of the Gharity.
Support costs
Siipport costs include ¢entszl ￿nCtiOns and have been allocated to activity cost Gat¢gories oil a basis wnglstent
with the use of resour¢e8, for example. allocating property costs by floor areas, or per capiA gtaff costs by the
time spent and other co¢cs by tlieir usage.
Page 14

Victory Olltreach Manchester
Notes to the Financia] Statements for tELe Year Ended 31 May 2025
Governance costs
These include tb¢ costs attributable to the Charity's ¢omplian¢e with ¢onstittitional and slatutory reqiiirernents,
incliiding the prepatation and independent ex￿nInatIon of the statutory accounts, strafrgic management
trustees meetings and cost of any legal advice to trustees on governance or oonstithtional matters,
TRX%tion
The charity is considered to pass tlie tests set out in Par48raph I Scljedule 6 of the Fin￿)¢¢ Act 2010 and
therefore it meets the defthition of a Charitable ¢ompwy foi, ¢orpor&tioii t&Y purposes. Accordingly, the
charity is potentially exempt fi'om taxation in respect of income oi. CP¢Pital gains received within c8tsgoi.ies
covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the T￿atIOn of Chargeable
Qains Act 1992, to the ekrtent that such income or gaills ￿'e applied exclusively to charitable purposes.
Tangible fixed assets
tlldividual fixed a8sets costing £500.00 or mole initially recorded at Cost, less any sub&equent accutnulated
depreciation and subsequent accumulated impainnent losses.
Depreciation and amortisAtion
Depreciation is provided on tangible fixed assets so a5 to wrik off the G05t or valiiatiotL less any estimated
residual value, over their expected i￿¢fill ¢¢onomi¢ Jif¢ as follows..
Asset cliss
Gener&1 eqiiipm¢iit
Fixtures and fittings
Motor vehi¢les
Depreeiatlon method and rate
250/1 straigbt line
IOQ/u Straight line
25 % reducittg balance
No amorÈisatiOll is Gliarged to fr¢¢hold
property as the property is maintained to
sucli a St￿dard that the estimated residual
value is not less than cost
Fr¢ehold property
Trade debtors
Trade debtsirs are ainounts due from customer8 for rnerGhandise sold or services performed in the ordiiiary
coll￿e of busine88.
Trade debtors are recognised iiiitially at tlie transaction pri¢e, They are subsequently M￿ured at amortised cost
using the effective interest inethod, less provision for impaArm¢llt. A provision for the impairment of trade
debtors i5 established wbeii there is objective ¢vidence that tb¢ ¢lwity will twt b¢ able to collect aLI amounts due
according to the original ternis of the receivables.
Cash and cash equivAlents
Cash and cash equivalents comprise Cash on h&nd and call deposits, and other short-teiin highly liquid
investtnents that are readily convertible to a known amoiint 0£ cash and are subject to an ii)sigftifi¢ant risk of
change in value,
Page 15

VKctory Outreach Manchester
Notes to the Finallcial Statements for the Year Ended 31 May 2025
TrAde creditDrs
Trade creditors ar¢ obligationy to pay ft>r goods or services that have been acqull'ed in the ordinary courJ¢ of
business from suppliers. Ac¢outtts payable al'e classified as CUiTent liabilities if the charity does not have an
unconditional rigl)t, at the emd of the reporting perio( to defer settlen]ent of tbe ￿edItor for at least twelve
onths aftei the reporting d&te. If there is an iinconditional right to d¢f¢r settlement for at least tsvelve inoiitlis
aft¢r th¢ reporting date, they are presented as non-CUlTent Liabilities.
Trade Creditors are recognised initially at the tranS￿tiOn price and subsequently measured at amortlBed Gost
using the effective interest metbod.
Borrowlngs
Interest-be&ing borrowings are initially iecorded at fair valu¢, net of transaction costs. Iiitei'est.bearing
borrowings are subseqiielltly carried at amoitised cost, witli the difference between the proceeds, net of
transaction costs, and tlie amount diie on redeniptioTh being r¢¢ogni8ed as a charge to tb¢ Stat¢m¢nt of Financial
Activlties over the period of the relevant borrowing.
Interest expense is recognised on the basis of tlie ¢f£￿tIve interest method and is included in inter¢st payable
and similar Gharges.
Borrowings are classified as current liabilities unle55 tli¢ Charity has an imconditional right to defer s¢ttletn¢nt of
the liability for at least twelv¢ months aft¢r the r¢portin8 date.
Fund structure
Unr¢strt¢ted fullds ¢an be used for the general Dbjeotives of ttL¢ charity as set out in the trustees, report. The
movemeiits of the wirestricted funds hre given in the Sl'atement of Financial Activities.
Designated funds are funds set aside by the trustees out of iinrestricted general funds ring fenced for particular
purposes or Projects.
Restiicted income funds are tbose donated for use in a particulaT area or for 5p¢Gifi¢ PLirposes, the use of which
is restricted to that area or purpose. These restrictiorjs often gxis¢ a8 a result of the regiilar appeals for special
offerings and specific donations.
Pensions and other post retirement obligations
The charity operates a detined ¢ontiiblltion pengioll scheme which is a pension plan under wliich fixed
contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay thrther
ontributions ev¢n if tb¢ fund does not hold sutYEcient assets to pay all ¢￿p10Ye￿ tbe benefits relating to
employee service in the oiin'ent and prior periods.
c0ntribiitio￿ to defined contribiition plang are iecognised in the Statement of Financial Artiviti¢s when they aye
due. If Contribution payments ¢x¢¢¢d the Contribution diie for seLwice, the excess is recognised as a prepayment,
Page 16

Victory Outreach Manchester
Notes to the Financial Statements for the Year Ended 31 May 2025
3 Income fronl donitlons glld legAele8
Unrestricted
funds
General
Restricted
funds
Totsl
2025
Total
2024
Donatioiis and legacies.
Donations from ¢ompani¢s, trusts
and siinilar proceeds
Donations from inilividuals
Gift aid rerlaimed
Grants, including capital grat]ts'
Grants fiY)m other charities
17,921
519
4,378
17,921
222,219
35,899
221,700
31,521
272,417
34,952
14,500
14,500
11,50Q
267,721
22,818
290,539
318,869
4 Income from charitsblc a¢tivities
Unrestricted
fund5
General
Restricted
funds
Total
2025
Total
2024
Run4Hope
Rent receivable
Unitsd We Can
39,651
39,651
21,140
50,465
7,536
22.120
72.580
21,140
50,465
21,140
9D.116
111,256
102,236
Page 17

Victory Outreach Manchester
Notes to the Financial Statemellts for the Year Ended 31 May 2025
5 Income froin other tr2dfing a¢tlvlties
Unrestrictsd
funds
Gelle￿1
Restricted
funds
Total
funds
Totsl
2024
Trading income.
Saleg of goods ￿)d services
Otber trading income
Events iThcome;
Other events income
Local fundraising and street
eolle¢tioii income
260
260
782
490
3,089
782
4,914
65
4,979
104
26
26
923
5,722
325
6,047
4,606
6 Investment income
Unrestricted
funds
GenerAI
R¢stric¢ed
fwids
Total
1025
Total
2024
Interest receivable and similar
iiicome,
Illt¢￿st receivable on bank
deposits
132
2,802
2,934
2,516
7 Oth¢r inco￿¢
Unrestrlcted
funds
General
Restricted
funds
Total
2025
Total
2024
Fees and siipplies
159
500
659
241
Page 18

Victory Outreach Manchester
Notes to the Financivdl Statements for the Year Ended 31 May 2025
8 Expenditure on rnlslng funds
a) Cost5 of generating donations and legacies
Unrestri¢ted
funds
General
Restricted
funds
Total
2025
Total
2024
Note
Donatlons
1,588
490
2,078
12,885
b) Costs of trading xetivities
Unrestriftsd
funds
Gelleral
Restricted
funds
TotAI
2025
Tot#1
2024
Note
Costs of goods sold
I,Q82
1,000
2,082
2,205
l.a82
1,000
2,082
2,205
9 xpendltllre on charitable aetivltftes
Unrestricted
funds
General
R￿trACted
fllnds
Total
2025
Total
2024
Note
Services, teaching,
hospitality and
pastoral
Events
Support for other
Victory OutreaGh
chllT¢hes
Staff cosls
Governance costs
12.861
15,368
12,201
17,304
25,062
32,672
22,361
6,678
536
103,516
6,008
33,637
5,102
3,835
34,173
108,618
9,843
24,115
135,942
16,748
io
138,289
72,079
210.368
205,844
In addition to the expenditure ￿lalySed above. there ar¢ also govertLance costs of £9,843 (2024 - £16,748) which
relate directly to charitable activities. See note 10 for further details.
Page 19

Victory Outreach Manchester
Notes to the FAnancial Statements for the Year Ended 31 May 2025
10 Analysts of governance and support costs
Governanco costs
Unrestricted
funds
General
R&8trleted
funds
Total
2025
TotAI
2024
Independeiit examiner fees
Examination of the financial
statements
Other fees paid to examiners
Other governance costs
656
591
285
264
3,286
941
855
8,047
1,385
14,355
1,008
6,008
3,835
9,843
16,748
11 Other expenditure
Unrostricted
funds
Ceneral
Restricted
funds
Totsl
2025
Total
2024
Note
L¢gal & piDfessional fee5
Rent & rates
Depreciatioffj amortisation
and other sitnilar costs
Utiliti¢s
Travel & subsistellce
rr costs
Equipment & maint¢llan¢¢
Geueral cxpeiJse5
Insui'ance
Bank charges & interest
4,549
49,285
14,402
950
18,951
50235
10,117
50.002
12,619
22,934
8,368
2,744
20.433
8,959
4,996
5,693
140,580
134
12,753
22.934
38,512
2,744
20.433
9.559
4,996
5,921
10,660
22,781
33,145
4,158
18,852
34,929
4,508
5,856
30,144
600
228
46,458
187,038
195,008
Page 20

Victory Outreach Manchester
Notes to the Financial Statements for the Year Ended 31 May 2025
12 Net Incon)lllgloutgoing resoure
Nct outgoing for th¢ ycar include:
2025
2024
Depitciation of fixed assets
12,753
10,660
13 Trustees remuneration and expenses
During the year th¢ Charity inadc th¢ following transactions with t￿￿te¢s.
S lcowalezyk
S Kowalczyk was a triist¢¢ of th¢ Ch￿'Lty d￿'itig 2023124. During that Ye￿ slie p&id expenses behalf of the
clwity totalling £7,403 and wlls reimbui'sed for tliis expenditure.
No t￿stee5, nor ally persons connected with them, have received any remuneration from the clwity during the
year.
No tn￿te¢S have re¢eiv¢d any oth¢i' b¢nefit8 froill tlie charity diiring the ye￿,
14 StaftT costs
The aggregate payroll costs were as follows..
2025
2024
Staff e05ts during the year were:
Wages alld salarie5
Social security costs
Pension costs
OtEL¢r staff rosts
99,287
3,146
2,676
3,509
122,768
4,359
3,245
5,570
108,618
135,942
The ittontbly average numbei, of persons (incliiding senior management I leadership tsam} ¢mployed by the
charity dLiring the year expressed as full time equivalents was as follows..
2025
2024
Raising hnd5 aiid ¢haTitable a¢tivities
Others - SUPPOrt
4 (2024 - 5) of the above employees participated in the Defined Contributioii Pension Scliemes.
Contributions to the employee pension schemes for the year totalled £2,676 (2024- £3,245).
No employee r¢¢¢iv¢d emoluments of mor¢ than £60,000 during th¢ y¢ar.
Page 21

Victory Outreach Manchester
Notes to the Flnallcial Statements for the Year Ended 31 May 2025
15 Indep¢ndent examiner's remuneyation
2025
2024
Exarninalion of the fman¢ial statsments
941
1,385
Other fees to exAminers
All other services
855
14,355
16 Taxation
The charity i& a registsred charity and is therefoir exempt from taxation.
17 Tangible fixed assets
Land and
building5
Furnl¢ure and
equipment
Geneyal
Equipment
Motor vehicles
Total
Cost
At l June 2024
Additions
129,000
18,375
2,377
12,300
81,846
879
241,521
3,256
At 31 May 2025
129,000
20,752
12,300
82,725
244,777
Depreei8tion
At l June 2024
Charge for the year
9,292
1,820
3,844
2,114
59,180
8.819
72,316
12,753
At 31 May 2025
11,112
5,958
67,999
85,069
Net booli value
At 31 May 2025
129,000
9,640
6,342
14,726
159.708
At 31 May 2024
129,000
9,083
8.456
22,666
169,205
18 Debtors
2025
2024
Trade debtors
Prepayments
Other debtors
1,276
878
3,927)
(1,773)
550
28,698
(1,278
27,970
PaBe 22

Victory Outreach Mallchester
Notes to the Financial Statenients for the Year Ended 31 May 2025
19 Cash And cash equivalents
2025
2024
Cash on hand
Casb at bank
75
223,300
75
214,597
214,672
223,375
20 Credltorg: amounts falllng due wltbln one year
2025
2024
Banlc loans
Trade creditors
Other oreditors
Pension scheme ¢rEditor
Accruals
9,231
7,330
9,136
1,970
8.815
8,892
43,781
11,731
689
4.346
36.482
69,439
Page 23

Victory Outreach Mallchester
Notes to the Financial Statements for the Year Ended 31 Ilqay 2025
Bank borrowings
The l(illgdom Ban1( Mortgage is denominated in steiling with a nominal interest rate of 6.50/0 (2024 . 7.5 %), and
the final instalinent is diie Oll 9 August 2027. The catTying amounl at year end is £18,064 (2024- £25,571).
The mortgage with Kingdoin Bank was used to purchase a sober livi1￿ home for men. The original amount of
the loan was £IOO,000 repayable over 20 yeats. The home is iised by related charity Project 67 with rent payable
as disclosed in the related p&ties note.
21 Credltors: amounts falllng due after one year
2025
2024
Bank loans
9,166
16,615
22 Obligotions under leases and hire purchas¢ eontrncts
OperntirAg lease commitments
Total ftiture minirnum lease paymellts under non-oancellable operating leases are as follows..
2025
2024
LAnd and buildings
Within one y¢ar
Bettveen one and five years
49,000
73,500
49,000
122,500
122,500
171,500
Other
Within one year
Between one and five Ye￿.9
7,658
3,478
11,136
7.658
11,136
18,794
Page 24

Victory Outreach Mydnchester
Notes to the Financial Statements for the Year Ended 31 May 2025
23 Fund8
B#lan¢e at
31 MAY
2025
BalHnee at I
June 2024
llleoming
resources
Resources
expeiided
Transfers
Unrestriet¢d funds
GeneraI
107,095
294,874 ￿281539)
22,013
98,417
Restricted Funds
United We Can
Building Fimd
Other Rests'iGt¢d Donations
Community Wrdparound
ServÉces
172,258
40.827
44
115,085
(116,948)
(1,983)
(962)
22,013
192,408
39,256
146
1,064
5,569
(134)
5,435
Total Restricted funds
218,698
116,561
120,027)
22.013
237.245
Total lullds
325,793
411,435
401,566
335,662
B814n¢e At
31 May
2025
BAlance at I
June 2024
Ineoming
resourees
R¢sources
expended
Transfers
Unrestri¢t¢d funds
Gell¢rai
97,860
325,699
330,211)
13,747
107,095
Restricted Funds
United We Can
Building Fund
Other Restricted Donatioi)s
Commiinity Wraparound
ServiG¢s
L65,847
40,604
395
86,130
223
l6,416
{79,719}
172,258
40,827
44
{3,020)
(13,747)
8,561
(2,992}
5,569
Total Re8trficted Iullds
215,407
102,769
(85,731)
(13,747)
218,698
Total funds
313,267
428,468
(415,942)
325,793
Page 25

Victory Outreach Manchester
Notes to the Financial Statements for the Year Ended 31 May 2025
The specific purposes for wliich the funds are to be applied are as follows,,
The Unitsd We C￿} fimd is to be used for plallting new churches in the UIC Europe and siipporting thern in
their early years. It is also used for paying the knvel costs of Victory Outre&ch Manchester's pastors serving tlie
worldwide Victory Oiitreach Church and funding a sn]all proportion of certaiii charity overl)eads,
The Building Fund is for the purchase of a new building to be used as a sober living facility.
The ComLniuuty Wraparound SerYi¢es fLilld is used to provide help and support for th¢ local community.
Other Restricted Donations includes:
donations given through th¢ Thyee Peaks Challenge to raise money funding attettdance at an internatiotul
coiiferenee
- don&tAons giv¢ll to support yotmg adults to attend the training at Urban Training Centre in Ameiica
- donations given as an anniv¢rsaiy gift to olle of the founding Jnembers of Victory Outreach
- donations to purchase new sound and lighting equipment.
The trallsfer fmm unrestricted funds to United We Can represents the regul￿. tithe from Victory Outreach
Mancliester to the United We Can fund.
24 AnAlysis of net assets between funds
Unrestrlcted
funds
General
Total funds at
31 May
2025
RestricL¢d
fi￿d$
Tangible fixed a55ets
Curpent assets
Current liabilities
Creditors over l year
159,708
(15,643)
(36,482)
(9 166)
159,708
221,602
(36,482)
9,166
237,245
Total net assets
98,417
237.245
335,662
Unrestricted
funds
General
Total funds At
31 MAY
2024
Rwtrieted
funds
Tangible f￿ed assets
Current assets
Ciirrent liabilities
Creditors over l year
169,205
23.944
(69,439}
16,615
169,205
242,642
(69,439)
16,615
218.698
Total net ass¢ts
107,095
218,698
325,793
Page 26

Victory Outreach Manchester
Notes to the Financial Statements for the Year Ended 31 Mydy 2025
25 Related party transaetions
During the year the charity made the following Telated party trans￿tiOns.
Project 67
In Novembei. 2020 a new Charitable Incorporated Oiganisation (CIO) was regist¢r¢d as Proj¢¢t 67 (Chw'ity
number 1192263) which took Oll the responsibilities of the Homes (sober living facilities) tliat had been part of
Victory Outreach Manchester,
T&¢ ¢harity pi'ovides a house to be used by Project 67 as a sober living farility for men. Rent paid by Projert 67
to the charity during the year was £11,700 (2024,. £9,990).
Victory Outreaoh Manchester gave & dollation of £llil (£2024.. £4,088) to Project 67.
E Curtis is employed by Victory Oiilreacli Manchester and is a thiBtee of Project 67.
At the balance sheet date the amoui)t due to Project 67 was £8,958 (2024- £10,128).
Community Chonge Programme
P Ll(yyl an ¢mployee of th¢ chatity, is & trustee of the Community Chtmge Programine, & Charitable
Incorporat¢d Org￿lis￿tion supporting p¢ople afEectsd by alGoliol attd substance addiction.
During the year, the charity made donations of £681 (2024: £191) to Community Change Programme At the
balance sheet date tbe aniount due Éolfroin Comn]unity Change Pi'ogramme was Wil (2024 . £Nil}.
Chur¢h¢s planted by the ¢harity
Victory OLitreach Manchester planted a nuniber of other Victory Outreach churches.
The charity gave £34,173 (2024: £24,115) to churches planted by the charity At the balance sheet date the
amount du¢ ￿lfr01ll ChurGh¢s planted by th¢ Gliarity was £KIl (2024 - £Nil),
L Lloyd
Close relative of P Lloyd and V Lloyd, pastors of Victory Outreach Manchester
One of the young adults being supported to atteiid the Urban Training Centre is L Lloyd. This support lias been
provided at the same level as foi otber itidividuals At the balance sheet date the amount due tolfrom L Lloyd
was £Nil (2024- £Nil).
Page 27