Registered Charitable Incorporated Organisation Number: 1170263 MANCHESTER CITY MISSION Financial Statements for the year ended 31st December 2023 Salford Innovation Forum Frederick Road Salford M6 6FP
MANCHESTER CITY M15510N FINANCIAL STATEMENTS Forthe year ended 31" December 2023 CONTENTS General Information page 2 Chairman of Trustees, Report page 3-4 Statement of Tru5tees' Responsibilitie5 page 5 Independent Examinerfs Report to the Trustees page 6 Statement of Financial Activities P3gè 7 Balance Sheet page 8 Notes to the Financial Statements pages 9 -12 Page I
MANCHESTER CITY MISSION GENERAL INFORMATION TRUSTEE5 C Bailey R W Ftaworth (Chairman) M Kavanagh A Saunders C StatteT D Wolstenholme M L Wolslenholme M WoodmaN DIREcfoR Terry Durose REGISTERED CHARITABLE INCORPORATED ORGANISATION NUMBER 1170263 REGISTERED ADDRESS Suite 130, Salford Innovation Forum 51 FTederi¢k Road SALFORD M6 6FP BANKERS The Royal Bank of Scotland plc Direct Business Banking 4th Floor l Hardman Boulevaid Manchester M3 3AQ INDEPENDEvf EXAMINER Mr. Phllip Mushing IF.C.C.A, Ogdgn & Partlngton, Charteied CeTtified Atcountants Ollice 3, Falcon Bu5ines5 Centre, Victoria Street, Chadderton, oldham, OL90HS Page 2
MANCHESTER CITY MISSION CHAIRMAN OF TRUSTEES REPORT Forthe year ended 31" December2023 The charity is governed by a board of Trustees appointed as determlned by the Constitution. The names of the Trustees are shown tsn page 2. The Mission management is cDntTolled by thè body of Trustees delegating the day-to-day management to the Director and activity managers. The charity sta¥ted by transfer of undertaking from M3nche5ter City Mission registered number 224626 in January 2017, with removal of the old charity ieglstration by the Charity Commission on 25, March 2018. The object of the charity is to advance education in and prornote the principle5 of the Chrlst5an rellgion. The Manchester City Mission Ithe Mission) derive5 Its income from legacies. trusts. individual donations and from the rent from Ihe use of Its premlses. All the organisations using the Mission's premises 5ub5cribè to the object of the Mission and are organi5alions woiking in co-operation with the Mi%%ion. Activities The M555ion continue5 to operate within the powers defined in the Trust Deed and the Trustees have had regard to the guidance 155ued by the ChaTlty Commission on public benefit. While poverty. and its effect on those it touches, will alway5 be the focus of the City Mission, our ministry framework of Incarnation, Compa55fOn and Prodamat50n ensures that our work creates a 'n3tur31' bridge between social action and evangelistic outreach. For ttearly two decade5 MCM'S mlnlstry framework of Incainatc Compassion based Proclamation of the Gospel ha5 helped to steer our planninE and 5trategisinE. This Simple concept remains popular with churches who are happy to support MCM a5 means of soelal transforrnation through Gospel rnission. MCM'5 food poverty program Nourlsh has 6 food clubs serving 4 areas in Greater Manchester. Barry our project lead is kept busy not Only running our'salford Central, food club but mentoring and training those who serve in thelr local area. One big change towards the end of 2023 came when evangelist Ryan announced that he was moving on. This gap has Since been fllled by our Chaplain, Nick, who has returned to support the Nourish custome¥s. Operation loy has also been impacted by Ryan's departure, but during 2023 there was a steady stream of stories of effective service to people, experiencing hom@lessne55 or vulnerable housine, flowing from the drop in sessions in Ashton and Oldham. Paul continued to reach out to the street populations in Bolton and Manchester City Centre, flndlng creative ways to engage with people for the Kingdom of Christ through purp05eful preseace. MCM'S Next Stage Housing project ¢ontlnued to support and help vulnerably housed peoplo in their sè8rch to flnd more suitable atcommodation. During 2023 thi5 became increasingly difficult due to thè housing shortage and increased rental charges. Cath has been able io make the most of our partnership with Acts 435 to gain financial support to tneet a wlde range of practical needs. During 2023, MCM'S On the Win8 chaplain, Nlck, contlnued to serve three local prlsons as well as at Manchester Airport. Courses, run by the chaplalns In HMPS Forest Bank, Buckley Hall and Hindley have proven to be very effective, leading to several people telling us that they have to faith. Nick has also used the Warwick- Edinburg Menta1 Wellbeing Scale in conjunction with the courses to measure their impact, in every case showing measurable improvement in the well-being of the inmates. Since 2006, Groundbreaker5 has provided primary sthools wlth flrst class Chilstian assemblies; lunch clubs,. expeiience daysi and Workshops. The primary purpose of Groundbreakers 15 to create working relationships betwèen schools and churche5. November 2023 was particularly fTLJltful In thls endeavour with several links created or re-established. Page 3
In some ways the main therlle for MCM during 2023 was 'change'. Our Operations Support Coordit)ator moved on to focu5 on oihei projects.. we recruited a new A5S15tant Director,. w& planned to intrease our portfolio of projects and, after decades of using th@ Windsor Centre as our HQ we moved premises to a modern serviced office at the Salford Innovation Forum. Overall, an eventful yeBr. Considerable use 15 made of our volunteer staff; however, our empha51S IS to use trained qualified slalf whenever p055ible. Governance Review As part of their work throughout the year, the Trustees Continue to conduct reviews and make Informed decisions in respect c>f the following, which is not exhaustive.. HR Management, including specialist support for employment matters,. Risk Management, including updates to the risk register which shows key risks, likelihood and impact, and the steps to be taken by management in rnitigation of these risks,. Statutory and other key policios, to ensure thèy are up to date and implemented through effectlve procedures and ongoing staff and volunteer training,. A minimum of £90,000 lo safeguard the future of the entity or, in the event of some catastrophe, to ensure tlmely and effective winding-up of the entity including staff redundancy payments and settling outstanding bills. Flnancial Revlew The Manchester City Mission derives its income from legacies, trusts, individual donations and from the rent frtsm the use of its premises. The Trustees arè grateful for all income and donations received and remain prepared to use reserves to Continue the much-needed work of the Mission 35 necessary. We continue to appreciate greatly the positlve, ongolng support of a small number of trusts and foundatitrns, who have supported MCM vitally on more than one occasion. We cannot name all Df them, but example5 are Benefact Trust Ihttps.'Ilbenefacttrust.co.ukll and The MBcdonald Trust. MCM also seeks new funding relationships with relevant grant-making trusts and foundations in support of it5 mission and would ask any such body to get in touch with u5 at our reBiStered office, if they would like to support us. At 315t December 2Q23 the entlty had operational monies in reserve of £207.234. Of this £25,000 ha5 been allocated as a property reserve for prDp@rty related matters. Net operational ¥eseYve5, éfter the allocBtion of the Property Reserve,. the Finance Policy reserve and restTlCted funds, will bE £91,091. The Trustees continue to seek God's guidance for the direction of the work 2nd exerclse faith in God's provision of the necessarv Te5Durces for the continuation of Hi5 work, but they will take such decisions affecting the trperations of the Mission5 a5 donatlons permit. The investment policy of the Trustees is to place on deposit all money not required for the day-to-day operation5 of the Mission. None of the Tru5tee5 15 reimbursed for any expen5e5 inCUrd In connection with their dutles as a Trustee. I declare, in my capacity of Chalrman of the Trustees, that the Trustees have approved the report above and have authorised me to Sign on their behalf. Richard Haworth Chairman 17, July 2024 Page 4
MANCHESTER CITY MISSION STATEMENT OF TRUSTEES, RESPONSIBILITIES charity law requires the trustees to prepare fbnancial statements for each financlal year, which give a true 2nd fair vièw of the state of affairs of the charlty and of the surplus or deficit oif the charity for that period. In preparing these financial statement5, the trustees are required to.. Select 5Ultéble accounting policie5 and then apply them constantlv,. Make judgement5 and estimate5 that are reasonable and prudent. Prepare the financial Statements on an on-goÈng basls unless it is inappropriate to presume that the charity will continue in business. The Tru5tee5 are re5P0ft51ble for keeping proper accounting records, which disclose with reasonable accuracy at any tlme the financial position of the charity. They are also responsible for safeguarding the assets of the chaiity and hence for taklng reasonable steps for the prevention and detection of fraud and other irregulaT(ties. Signed on bèhalf of the Board of Trustees Rithard Haworth Chairman 17, July 2024 Page 5
REPORT OFTHE INDEPENDENT EXAMINER TO THE TRUSTEES OF MANCHESfER aTY MISSION On the accounts for the year ended 31" December 2023. Respertive spOnsIbIlItIeS of Trustees and Examiner The chariws trustees are responsible for the preparation of the accounts. The charitls twsteÈs tonsider that an audit is not required forthi5 year under settion 144 of the Charities Act 2011 (the Charitie5 Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under seclion 145 of the Charities Act, to follow the procedures laid down in the 8eneral Directions gNen by the Charity Commission lunder section 14515llbl of the Charities Act. and to state whether particular matters have come to my attention. asls of Independentexaminerfs statement My examination was carried out in accordance with general Dlrections given by the Charrty Commission, An examination includes a revlew of the accounting record5 kept by the charily and a comparison of the accounts presented with those records. It 3150 includes consideration of any unusuèl items or disclosures in the accounts, and seeking expl?nations from the trustees CDncernFng any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, ond consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report 15 limited to those matters set out in the statement below. Indepertdent examiner's statement In connection wlth my examinatlon, no material matters have come to my attention which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Charitie5 Aci or the accounts do not accord with the accounting records the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IAccounts and Reports) Regulations 2008 other than requirement that the accounts give a 'true and fairf view which is not a matter considered a5 part of an independent examination. I have come acr055 no other matters in connection with the examinatlon to whlch attentior) shoukl be dFawn in order to enable a proper understanding of the account5 to be reached. Signed= p JJ-4 Name: PHILIP MUSHING I F.C.CA. ), Chartered Certlfied Accountant Address.. Ogden & Partington, CharterÈd Certified Accountant5, Office 3, Falcan Business Centre. Victoria Street. Chadderton, Oldham, OL9 OHB. Date: 17" July 2024 Page 6
MANCHESTER CITY MISSION STATEMENT OF FINANCIAL AcfiviTIES For the year ended 31sl DÈtembÈr 2013 Note 2023 202Z INCOMING RESOURCES Incoming resources from donors Other voluntary incomlng re%ources Incame from charitable and ancillary tradlng Other ordinary incoming resoLtrces Income from Investments 2101 21bl 21cl 139,818.52 55,958.37 12,544.14 147,301.34 135,101.70 19,147.90 21dl 5,305.27 3,954.13 TOTAL INCOMING RESOURCES 213,626.30 305,505.07 RESOURCES USED Grants Activities directly relating to the work of the mtssion Management and administration alal 31bl 31cl 225,376.35 78,690.01 237,224.94 90,347.20 TOTAL RESOURCES USED 304,066.36 327,572.14 NETINCOMING IOUTGOINGI RESOURCES 190,440.061 122,067.071 OTHER RECOGNISED GAINS & LOSSES Unrealised gains Ilosse51 on revaluation of fixed assets Realised gain511055es1 on sales of fixed assets Realised gains (losse51 on sales of investment5 Unrealised 8alns Ilossesl on Investments 195,000.00 115,000.00 7,001.21 112,398.931 NET MOVEMENT IN FUNDS 111.561.15 80,534.00 Balance5 brought forward at 1st January 2023 945,673.13 865,139.13 BALANCES CARRIED FORWARD AT 31ST DECEMBER 2023 1,057,234.28 945,673.13 The Notes on page5 9 to 12 form part of the Financial Statements Page 7
MANCHESTER ciri MISSION BALANCE SHEET asat 31it Otitmber 2023 Note 2023 1022 FlxedAssets laTr4rblo Fi¥ed Asgeis lrtweslmeftts 850.000.LfJ 99.303.01 655.0. 92.301.80 Toul Flxed Assels 949.303_01 747,301.80 Cwffenl Aets DebO', S srI tèrm éfrposits Cash ht and in h3nd 78.413.91 29.517.36 101.378 09 96.933.24 rotal Qarrent Assets 107.931.27 298.37 1 33 ltr3bliiJe4. amon(s 13lring wil>.:n onL year NET CURRENT ASSETS 107.931_27 lQ8.371.33 NE7 ASSETS 1.057.23a.28 ¢45.673.13 FUNOS unte¥iticied Restrlcie I.056.(1.32 939,335.25 6,337.88 Total Funds 1.057.234.28 945.673. 13 pkpproued by Iho BO)ro of TfUSlIlLiS and ygned on Its beh311 17th Julrf 2024 rhe holes on pJs Q l() IJ Icim parl o! tle%e f Ipar4 *4
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31" Detember2023 Accounting Policies The linantial statements have been prepared in 8ccordance wlth the Charitie5 Att 1993 together with applicable accounting Standards and the Charities SORP and under the historit31 cost convention. Funds Genoral funds represent the funds of the mission that are not subject to any restrictions regarding their use and are available for application on the general purposes of the charity. Funds designated for a particular purpose by the t¥ustees are also unrestricted, èlthou8h every effort 15 made to ensure that donations received for a parti¢ular purpose are spent accordingly. The accounts include all transactiOn5, a55et5 and liabillties for which the mi$5ion Is responslble In law. Incoming Resources Voluntory income Collections and general donations are recognised when received by or on behalf of the mission. Planned giving receivable under covenant is recognised only when received. Income tax recoverable on covenanls or gift aid donation5 15 recogni5ed whEn Lhe Income is recognised. Grants and legacies to the mission are accounted for as soon as the mission15 notified of its legal entitlement and the amount due. Incomefrom investment Interest and dividends are accounted for when receivable. Resources used Grunt5 Grants and donations are accounted for when paid over, or when awarded, if that award create5 a binding obligation on the mission. Expendituie Expenditure is induded gross and 15 accounted for on an accrua15 ba515. Fixed assets lond ond buildffngs Land and buildings are included in the accounts at the valuation pul on them by Christie & Co, The Chancery, 58 Spring Gardens, Manchester M2 IEW on the ba515 01 their inspection of the property on 5, April 2023. Otherfixtures, fittlngs and office equipment Equipment and furniture used within the mission's Premises are Included In the accounts at an estimated current value to the mi55Ion as considered appropriate by the trustees. and are depreciated on a redutin@ balance of 20% p.a. Investments Investments purchased by the mission ale Included at market value at 31" DÈcÉmber 2023. Current assets Short-term deposits include cash held on deposlt at banks and building so¢ietles and other deposit takers. Page 9
MANCHESTER CITY MISSION NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 31st December 2023 Note 2023 2022 INCOMING RESOURCES IncomlnB resour from donors Subscription5 and Donation5 Community food club 124,540.98 15,277.54 139,818.52 133,233.95 14,067.39 147,301.34 Othèr voluntary Incomlng resources Grant5 Appeals LEgacles 25,936.29 60,296.81 30,022.08 55,958.37 74,804.89 135,101.70 Income from charitable and anclllary trading Rental Income Sundry income 5,094.00 14,053.90 19.147.90 12,544.14 12,544.14 Income from Investment5 Interest & dlvldends reiVed Unrestricted 5,305.27 3,954.13 RESOURCES USED Grants Mlssionary & Charitable glvlng Actlvltie5 directly relatlng to the work of thÈ mls91on Communlty food club stock and groceiie5 Project Staff costs Project Resources Projéct LIteratU & Pub5icity Project Travel Property expenses Insurance Depreciè1Son Mi5cellaneou5 11,538.98 169,219.99 6,319.00 4,762.72 2,430.89 24,000.97 7,103.80 9,017.31 183,570.83 6,843.79 8,591.88 2,839.25 20,660.94 5.7QO.94 225,376.35 237,224.94 Management and admlnlstratlon Admlnlstratlon Salaries Administrative costs Pensions payable to former staff Independent Examlner LeEal & Professional Bank charges Costs re: potentlal Sale of building 38,564.88 33,233.28 45,991.72 32,363.53 720.00 720.00 4,999.73 238.62 6,033.60 90,347.20 769.65 5.402.20 78,690.01 Page 10
MANCHESTER CITY MISSION NOTES TO THE FINANCIAL STATEMENTS (Contlnuedl Fortheyearended 31s1 De¢ember2023 2023 2022 STAFF COSTS Misslon Staff Salarles Employ2r5 NIC Penslon Fund Contrlbutions Training costs 147,332.98 7,799.20 12,275.84 1,811.97 169,219.99 158,079.73 8,796.93 13,608.78 3.08Jf.39 183,570.83 Mlsslon Stoff Costs Adminlstrative Sal8rte5 Ernployers NIC PÈnslon Fund Cont¥lbutlons 33,954.10 I,710.) 2,900.78 38,564.88 40,194.10 2.216.12 3,581.50 45,991.72 Pensions to formerstaff 207.784.87 229.562.55 No employee earned £40.000 p.a. or more The averzge number of employee5 analysed by funttlon was Mission staff AdmInIstrate staff 10 FIXED A55ETS Freehold land and bulldlnzs Equlpment & Furnlture TOYAL T8nglble Flxed A55ets Cost lorvaluationl at 1st January 2023 AdditlOn5 Disposals RevaluÈtloft 655,IK)O.00 4,572.00 659,572.00 195,000.00 195,WD. Cost lor valthatitsnl at 31st December 2023 850,000.00 4,572.00 854,572.00 Depreciat(on at 1st January 2023 Charge for the year Charge on disposal 4,572.1)0 4.572.U) DepreciatioTr at31st December 2023 4,572.00 4,572.00 Net bDokvalue as at 31st Decembet 2022 6SS,000.00 655,000.00 Net bDokvalue 3s at 31st DecembeT 2023 850,000.00 850,000.00 Pige Il
MANCHESTER CITY MISSION NOTES TO THE FINANCIAL STATEMENTS (Continued) FortheyeaTended aistDecember Zl)23 6 INVESTMENTS M8rket v&lue Addltlons & 31 OEt 2022 ID15posalsl Change In Value arketvalue 31 Dec 2023 COIF Shares 92,301.80 7,11.21 99.303.01 92,301.80 7,001.21 99.303.01 2022 7 DEHTORS Income tax recoverible Prepayment5 8 UABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals 9 FUNDS 2023 2022 Analysls of net 8ssets by fund Tanglble Flxed Asset5 Investments Current Assets Llabllltle5.' amounts falllng due wllhln oneyear 850,000. 99,303,01 107,931.27 655,000.00 92,301.80 198,371.83 I.OS7,234.28 945,673,13 Unrestricted fund5 General fund fiestricted fund5 1.056.091.32 1.142.96 939,335.25 6.337.88 1.057.234.28 945,673.13 Page 12