Registered Charitable Incorporated Organisation Number: 1170263 MANCHESTER CITY MISSION Financial Statements for the year ended 31st December 2024 Salford Innovation Forum Frederick Road Salford M6 6FP
MANCHESTER CITY MISSION FINANCIAL STATEMENTS For the year ended 31st December 2024 CONTENTS General Information page 2 Chairman of Trustees, Report page 3-4 Statement of Trustees, Responsi bilities page 5 Independent Examinerfs Report to the Trustees page 6 Statement of Financial Activities page 7 Ba5ance Sheet page 8 Notes to the Financial Statements pages 9-12 Page I
MANCHESTER CITY MISSION GENERAL INFORMATION TRUSTEES C Bailey R W Haworth (Chairman) M Kavanagh A Saunder5 C Statter (resigned IO, September 2024) D Wolstenholme M L Wolstenholme M Woodman DIRECTOR Terry Durose REGISTERED CHARITABLE INCORPORATED ORGANISATION NUMBER 1170263 REGISTERED ADDRESS Suite 130, Salford Innovation Forum 51 Frederick Road SALFORD M6 6FP BANKERS The Royal Bank of Scotland plc Direct Business Banking 4th Floor l Hardman Boulevard Manchester M3 3AQ INDEPENDENT EXAMINER Mr. Philip Mushing IF.C.C.A.} Ogden & Pa rtinEton, Chartered Certified Accountants Office 3, Falcon Business Centre, Victoria Street, Chadderton, Oldham, OL90HB Page 2
MANCHESTER CITY MISSION CHAIRMAN OF TRUSTEES REPORT st For the year ended 31 December 2024 The charity is governed by a board of Trustees appointed as determined by the Constitution. The names of the Trustees are shown on page 2. The Mission management Is controlled by the body ofTrustees delegating the day-to-day management to the Director and activity manager5. The charity Started by transfer of undertaking from Manchester City Misslon registered number th 224626 in January 2017, with removal of the old charity registration by the Charity Commission on 25 March 2018. The object of the charity is to advance education in and promote the principles of the Christian religion. The Manchester City Mission Ithe Mission) derives its income from legacies. trusts and individual donations. Activities The Mission continues to operate within the powers defined in the Trust Deed and the Trustees have had regard to the guidance issued by the Chariiy Commission on public benefit. While poverty, and its effect on those it touches, will always be the focus of the City Mission, our mlnistry framework of Incarnation, Compassion and Proclamation ensures that our work creates a 'natural' brldge between social action and evangelistic outreach. For nearly two decades MCM'S ministry framework of Incarnate Compassion based Proclamation of the Gospel has helped to steer our planning and strategising. This simple concept remains popular with churches who are happy to support MCM as a means of social transformation through Gospel mission. Nourlsh, MCM'S food poverty program. is led by project lead Barry and is supported by a team of volunteers. Nourish is now asSOClated with 7 food clubs serving 4 areas In Greater Manchester. Nick IMCM chaplain) was jolned by Janet (volunteer evangelist) in October. Three people told Janet that they had come to faith during the latter end of 2024. Nourish partners with numerous organisations resultin8 in provision of energy vouchers- food and toiletries donations; volunteers; and a 5-week course run by Age Concern. Operatlon Joy: Paul continued to reach out to the street populations in Bolton and Manchester City Centre, findin8 creatlve ways to engage with people for the Kingdom of Christ through purposeful presence. Sadly, 2024 saw the closure of venues hosting our drop-in centres. Daryl has been able to keep in touch with services users. and is currently searching for a home for a drop-in. Throughout 2024, MCM'S Next stage Housln8 project continued to provide ongoing support to people 5earchlng for permanent accommodation. Cath was able to directly source permanent housing for 5 people while supporting 9 others to establish thelr tenancies by helping to access funding to cover debts. Cath has also continued to make the most of our partnership with Acts 435 with 33 individuals and familles benefiting from 45 separate applications for Small grants covering a wide range of practical needs. Cath assisted 7 people wlth appllcations for visas and English citizenship. During 2024, MCM'S On the Wing chaplain, Nick, made the decision to remove himself from the Airport Chaplaincy Team to concentrate on supporting the members at MCM'S Nourish food club. He has continued to serve in three local prisons as part of the Prison Chaplaincy Team. As well as one to one work with individuals, Nick uses his skills to present courses and Christian worship. Nick continues to use the Warwick- Edinbureh Mental Wellbeing scale in conjunction with the course5 to measure their impact. Twenty-six prisoners said that they had found faith in 2024. MCM'S Groundbreakers schools project became an Independent charity in September 2024. Nourlsh has helped churche5 to open their own Independent food clubs Page 3
MCM missionary Sarah uses her Sevenhline project to facilitate a number of insightful initiatives including language classes, prayer meetings and courses, all designed to inspire and equip local churches in Geater Manchester to build bridges with their Musllm neighbours. Sarah also facilitates 'Holy Book. dialogue groups where Muslims and Christians meet together to share from thoir Holy Books. Considerable use is made of our volunteer staff; however, our emphasis IS to use trained qualif led staff whenever possible. The sale of the Windsor Centre continued to progress throughout the past 12 months. By the close of the financial year to 31 December 2024, pre-contTaCt negotiations had reached an advanced stage, and we anticipate the Sale will conclude some time in 2025. st Governance Review As part of their work throughout the year, the Trustees continue to conduct reviews and make informed decisions in respect of the following. which Is not exhaustive: HR Management, including specialist support for employment matters; Risk Management, including updates to the rlsk register which shows key risks, likelihood and impact, and the steps to be taken by management in mitigation of these risks,. Statutory and other key policles, to ensure they are up to date and implemented through effective procedures and ongoing staff and volunteer trainlng; A minimum of £90,000 to safeguard the future of the entity or, in the event of some catastrophe, to ensure timely and effective wlnding-up of the entity Including staff redundancy payments and settling outstanding bills, Financial Review The Manchester City Mlssion derives its income from legacies. trusts, individual donations and from the rent from the use of Its premises. The Trustees are grateful for all income and donations received and remain prepared to use reseives to continue the much-needed work of the Mission as necessary. We continue to appreciate greatly the positive. ongoin8 support of a small number of trusts and foundatlons, who have supported MCM vitally on more than one occasion. We cannot name all of them, but examples are Benefact Trust IhttPs'.//benefacttrust.co.uk/l and The Macdonald Trust. MCM also seeks new funding relationships with relevant grant-making trusts and foundations in support of its mission and would ask any such body to Bet in touch with us at our re8iStered office, if they would like to support us. At 31st December 2024 the entity had operatlonal monies in reserve of £112,463. Of this £IO.000 has been allocated as property reserve for propeity related matters. Net operatlonal reserves, after the allocation of the Property Reserve,. the Finance Policy reserve and restricted funds, will be Ell,116. The Trustees continue to seek God's guidance for the direction of the work and exercise faith in God's provislon of the necessary resources for the continuation of His work, but they wlll take such decisions affecting the operations of the Mission5 as donations permlt. The investment policy of the Trustee5 is to place on deposit all money not required for the day-to-day operatlons of the Mission. None of the Trustees is relmbursed for any expenses incurred in connection with their duties as a Trustee. I declare, in my capacity of Chairman of the Trustees. that the Trustees have approved the report above and have authorlsed me to sign on their behalf. Richard Haworth Chairman th 8 July 2025 2 Not her real name 3 Thls amount was agreed by the Trustees on 28101/25 Page 4
MANCHESTER CITY MISSION STATEMENT OF TRUSTEES, RESPONSIBILITIES Charity law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing these financial statements, the trustoes are required to-. Select suitable accounting policies and then apply them constantly; Make judgements and estimates that are reasonable and prudent; Prepare the financial statement5 on an on-going basis unless it is inappropriate to presume that the charity will continue in busine5S. The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the Board of Trustees Richard Haworth Chairman 8, July 2025 Page 5
REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF MANCHESTER CITY MISSION On the accounts for the year ended 31 Dernber 2024. Respective responsibilltles of Trustses and Examlner The charit(s trustees are responsible for the preparation of the accounts. The charitys trustees consider that an audit is not required for this year under section 144 of the Charities Act 20111the Charities Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the Charitles Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 14515)(b) of the Charities Act, and to state whether particular matters have come to my attention. Basls of independent examlnerfs statement My examination was carried out in accordance with general Directions gNen by the Charlty Commission. An examination includes a review of the accountin8 records kept by the charity and a comparison of the accounts presented wlth those records. It also includes consideration of any unusual items or disclosures In the accounts, and seekin8 explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fairf vlew and the report is limited to those matters set out in the statement below. Independent examiner's statement In connectton with my examination, no material matters have come to my attention which glves me cause to believe that in, any materlal respect: accounting records were not kept tn accordance with section 130 of the Charitles Act 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 Charitie5 (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter consbdered as part of an independent examination. I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: eM~I Name: PHILIP MUSHING { F.C.C.A. ). Chartered Certified Accountant Address: Ogden & Partington, Chartered Certified Accountants, Office 3, Falcon Business Centre. Victoria Street. Chadderton, Oldham, OL9 OHB. Date: th 8 July 2025 Page 6
MANCHESTER CITY MISSION STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31st December 2024 Note 2024 2023 INCOMING RESOURCES Incoming resources from donors Other voluntary incoming resources Income from charitable and ancillary trading Other ordlnary incoming resources Income from investments 2{a) 2(b) 2(c) 134,587.13 13,630.95 24,302,59 139,818.52 55,958.37 12,544.14 2(d) 5,328.21 5,305.27 TOTAL INCOMING RESOURCES 177,848.88 213,626.30 RESOURCES USED Grants ActivStles directly relatlng to the work of the mission Mana8ement and admlnistration 31a) 3(b) 3(c) 222,795.96 52,394.94 225,376.35 78,690.01 TOTAL RESOURCES USED 275,19D.90 304,066.36 NET INCOMING (OUTGOING) RESOURCES (97,342.02) (90,440,061 OTHER RECOGNISED GAINS & LOSSES Unrealised galns (losses) on revaluation of fixed assets Reallsed galns (losses) on sales of fixed assets Realised gains (losses) on sales of investments Unreallsed gains (losses) on Investments 195,000.00 2,570.83 7,001.21 NET MOVEMENT IN FUNDS (94,771.19> 111,561.15 Balances brought fonvard at 1st January 2024 1,057,234.28 945,673.13 BALANCES CARRIED FORWARD AT 31ST DECEMBER 2024 962,463.09 1,057,234.28 The Notes on pages 9 to 12 form part of these Financial Statements Page 7
MANCHESTER CITY MISSION BALANCE SHEEr as at 31st December 2024 Note 2024 2023 FlxedA5sets Tangible Fixed A55et5 Investments 850,000.00 71.873.84 850.000.00 99,303.01 Total Fixed Assets 921,873.84 949,303.01 CurrentAssets Debtors Short term deposits Cash at bank and In hand 78,413.91 29,517.36 40,589.25 Total Current A55ets 40.589.25 107,931.27 Llabilities: amounts falling due within one year NET CURRENT ASss 40,589.25 107.931.27 NET ASSETS 962,463,09 1.057,234.28 FUNDS Unrestricted Restrlcted 961,116.33 1,346.76 L056,091.32 1,142.96 Total Funds 962,463.09 1,057.234.28 Approved by the Board of TrusteÈs and signed on Its behalf by Richard Haworth Chairman 8th July 2025 The Notes on pages 9 to 12 form part of these Financial statements Page 8
MANCHESTER CITY MISSION NOTES TO THE FINANCIAL STATEMENTS st For the year ended 31 December 2024 Accounting Policies The financial statements have been prepared in accordance with the Charities Att 1993 together with applicable accounting standards and the Charities SORP and under the historical cost convention. Funds General funds represent the funds of the mission that are not subject to any restrictions regarding their use and are available for pplication on the general purposes of the charity. Funds designated for a particular purpose by the trustees are also unrestricted. althouEh every effort is made to ensure that donations received for a particular purpose are Spent accordinglv. The accounts Include all transactions, assets and liabilities for which the mission is responsible in law. Incoming Resources Vojuntury Income Collections and general donatlons are recognised when received by or on behalf of the mission. Planned Eivine receivable under covenant is recognised only when received. Income tax recoverable on covenants or gift aid donations is recognised when the income is recognised. Grants and legacies to the mission are accounted for as soon as the mission is notified of its legal entitlement and the amount due. Incomefrom Investment Interest and dividends are accounted for when receivable. Resources used Grants Grants and donations are accounted for when pald over, or when awarded, if that award creates a binding obllgatlon on the mission. Expenditure Expendilure is included gross and Is accounted for on an accruals basis. Fixed assets Lt7nd and building5 Land and buildings are included in the accounts at the valuation put on them by Christle & Co. The Chancery, 58 Spring Gardens, Manchester M2 IEW on the basi5 of thelr inspection of the property on 5, April 2023. Otherfixture5, fittings and office equipment Equipment and furniture used within the rnission's premises are Included in the accounts at an estlmated current value to the mission as considered appropriate by the trustees, and are depreciated on a reducing balance of 20% p.a. Investments Investments purchased by the mission are included at market value at 31. December 2024. Current assets Short-term dep051ts include cash held on deposit at banks and building societles and other deposit takers. Page 9
MANCHESTER CITY MISSION NOTES TO THE FINANCIAL STATEMENTS Icontinued) For the year ended 31st December 2024 Note 2024 2023 INCOMING RESOURCES Incomlng resources from donoys Subscriptions and Donations Community f<Jod club 118,683.97 15,903.16 134,587.13 124,540.98 15,277.54 139,818.52 Other voluntary In¢ornlng resources Grants Appeals Legacies 13,630.95 25,936.29 30.022.08 55.958.37 13.630.95 Income from charltable and anclllary tradlng Rental income Sundry income 24,302.59 24.302.59 12,544.14 12,544.14 Income from Investments Interest & divldends received Unrestrlcted 5,328.21 5,305.27 RESOURCES USED Grants Mi55ionary & Charitable givlng Artlvltles dlrectly relatlng to the work of the mlsslon Communityfood club stock and grocerles Project Staff costs Project Resources Project Literature & Publicity Project Travel Property expenses Insurance Depreciation Miscellaneous 10,714.86 169,211.03 704.82 5,007.86 2,361.35 29,756.44 5.039.60 11,538,98 169,219.99 6,319.00 4.762.72 2,430.89 24,000.97 7,103.80 222,795.96 225,376.35 Management and admlnlstfatlon Administration Salaries Administrative costs Pensions payable to former staff Independent Exarniner Legal & Professional Bank charges Costs re: potential sale of building 26.533.97 23.806.49 38,564.88 33,233.28 720.00 692.24 642.24 720.00 769.65 5,402.20 78,690.01 52,394.94 Page 10
MANCHESTER CITY MISSION NOTES TO THE FINANCIAL STATEMENTS (Continued) For theyear ended 31st Decembei 2024 2024 2023 STAFF COSTS Mi55ion Staff Salaries Employers NIC Pension Fund Contributions Tralning Costs 148,065.40 7,674.79 12,889.79 581.05 169.211.03 147,332.98 7,799.20 12.275.84 1,811.97 169,219.99 Mission Stoff Costs Administrative Salaries Employers NIC Penslon Fund Contrlbutions 23.231.26 1,242.64 2,060.07 26,533.97 33,954.10 1,710.00 2,900.78 38,564.88 Pensions to former staff 195,745.00 207,784.87 No employee earned £40.000 p.a. or more The average number of employees analysed by functlon was Mlssion staff Admlnlstrative staff FIXED ASSETS Freehold land and bulldlng$ Equlpment & Furnlture TOTAL Tangible Flxed Assets Cost lor valuation) at 1st January 2024 Addltlons Disposals Revaluation 850.000.(X) 4,572.00 854,572.00 Cost lor valuation) at 31st December 2024 850,000.00 4,572.00 854,572,00 Depreciation at 1st January 2024 Charge for the year Char8e on dlsposal 4.572.00 4,572.00 Depreciation at 31st December 2024 4,572,00 4,572.00 Net book value as at 31st December 2023 850,000.00 850,000.00 Net book value as zt 315t December 2024 850.000.00 850,000.00 Page 11
MANCHESTER CITY MISSION NOTES TO THE FINANCIAL STATEMENTS (Contlnued Fortheyear ended 31st Derember 2024 6 INVESTMENTS Market value Additlons& 31 Dec 2023 (Dlsposa151 Ch)n8e In Value Market value 31 Dec 2024 COIF Shares 99.303.01 130,000.001 2,570.83 71.873.84 99,303.01 130.000.001 2.570.83 71,873.84 2024 2023 7 DEBTORS Income tax recoverable Prepayments LIABILITIES.. AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals 9 FUNDS 2024 2023 Analysls of net a5Sèts by fund Tanglble Flxed A55ets Investments Current A55ets Llabllltles: amounts falllng due wlthln one year 850.000.(KI 71,873.84 40,589.25 850,000.00 99,303,01 107,931.27 962,463.09 1,057,234.28 Unrestrlcted funds- General fund Re5trlcted funds 961.116.33 1,346.76 1,056,091.32 1.142.96 962,463.09 I,OS7,234.28 Page 12