REGISTERED COMPANY NUMBER: 02572530 (England and Wales)
REGISTERED CHARITY NUMBER: 1173366
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FOR
MANCHESTER CRAFf AIYD DESIGN
Spurling Cannon
Chartered Certified Accountants
424 Margafr Road
Westwood
Ramsgate
Kent
CT12 6SJ

MANCHESTER CRAFT AND DESIGN
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Page
Report of the Trustees
I to 5
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
10 to 15
Detailed Statement of Financial Acttvities
16 to 17

MANCHESTER CRAFT AND DESIGN
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees who are also directors of the charity for the puryoses of the Companies Act 2006, present their report with
the fmancial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019).
The objects of Manchester Craft and Design (MCAD) as set out in its Memorandum and Articles of Association are to
foster and pr()mote the advancement of education of the public in contemporary visual art, craft and design by
developing artistic understanding and participation in visual arL craft and design and by stimulating and promoting high
standards of visual arts practice, craftsmanship and design and by providing greater access to the arts to the public.
OBJECTIVES AND ACTtVITIES
Objeclives and Aims
Strategic Aims & Objectives
l) Create space and activities for craft and community to flourish
2) NUrtL￿e and celebrate the talent of prnctitioners and makers
3) Be a powerful advocate in our sector and to fi]nders for craft and making
4) Ensure financial, social and environmentsl sustainabtlity for MCAD
Significant activities
In 2023 to 2024 MCAD delivered the following:
3 Exhibitions with 6 exhibiting artists.. 150th Building Anniversary Exhibition, Co-created
Community Exbibition with Venture Arts and Manchester Metropolitan University
Graduate Exhibition. Attended by 127,765 visitors.
14 workshops with 347 attendees and 69 events with 4957 attendees.
Hosted 18 schools and 565 students, held 2 work placements for BA Hons Students.
Delivered Hands On. our bi-annual emerging makers from under-represented groups
support pmgramme in partnership with Great North¢rn Cont¢mpor&ry Crnft Fair, 3
Makers received in depth creative business support from MCAD, had a￿e$S to 3 peer
mentors, opened a temporary shop in MCDC, had a bursary, stall and workshop
opportlmities at GNCCF.
3 graduate and emerging maker pop-up shops
Visitors
We welcomed 138,150 people to the Centre. Figures were 23 % higher than the previous year of 2022-23.
We continue to build on our offer and create opportunities for everyone to engage in craft, design and tbe centre.our
demographics for 2023 to 2024 are:
720/0 of our visitors are female, IW/o are ma]e, ￿/0 prefer not to say. 42% of our visitors were in the 20s.
Ethnicity: 180/0 identified within Global Majority, 750/0 of visitors identified as Ivhite (Britisbllrish 61 %) while 70/0
preferred not to say. 130/0 are either Dldeaf or disabled and 21 % are neurodivergent.
MCAD will continue as a priority to WO￿ towards increasing engagement with underr¢present¢d groups within th¢
craft and design sector.
Page I

MANCHESTER CRAFT AND DESIGN
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
OBJECTIVES AND ACTIVITIES
Public benefit
The Th￿teeS review MCAD'S outcomes through quarterly management reports, and the annual review process, in order
to monitor the impact of its activities with regard to the audiences that the charty is established to serve. It is the
Trustees, intention to ensure that MCAD continues to play a unique role in providing accessible opportwiities for the
benefit of Manchester residents alongside wider audiences to engage with visual ait craft and design. Supporting new
talent and working with the wider craft and design sector to help us deliver our charitable aims. It is also a priority for
the Trustees to ￿rther the diversity, r¢ach and impact of our work.
In considering the public benefit of the charity the trustees have had due regard to the Charity Commission's guidance
on Pubjic BenefiL and have referred to tbis wben reviewing the charity's a]ll￿ and objertives and planning firture
activÉties.
Vision and Values
MCAD is Manchester's space for craft, community and making.
We promote craft in all its forms, expanding the defmition and relevance of craft for everyone. We nurture and develop
emerging and established talenL support viable CTeative careers, and showcase innovative and ambitious craft pra¢ti¢¢s.
MCAD is a place of enterprise, production and creativity and reflects the Ticb diversity of Manchestees 21st century
communities. We welcome everyone to experience and engage with making and our creative community. We safeguard
a space for everyday creativity in the heart of the Northern Quarter and look outW8rds beyond our buÉldtng.
Values
All our work will be developed through the lens of equality and enviromnental sustainability. These are intrinsic values
placed at the heart of our decision-making:
l) Welcoming
2) Transparent
3) Supportive
4) Empowering
5) Vibrant
Volllnteers
We have 15 regular volunteers for MCAD (our 2023 to 26 target is 18 sustained.) who give their ti]ne to support the
harity to which we are grate￿1. The volunteers ar¢ supported by a (short-terni funded) volunteer coordinator to ensure
their experRence is the best and their voices beard. Volunteers covered 364 hours volunteering in 2023
to 2024. Volunteers support a rdnge of activity for the Charity inclusiv¢ of exhibition5, events and workshops alongside
welcoming people to our building during the busier periods (weeken(ts for instance). Our ambition is that in 2024 to 25
volunteers will have received different types of craft training and will be delivering their own volunteer led
publi¢ workshops for visitors.
Online pr¢s¢nce
MCAD continues to widen its online Presence in 2023124 which is demonstrated t]]rough the figures below:
73,236 visitors (of which 53,066 were unique) engaged with our revised website. We experienced a slight increase on
followers via InstagTam, reaching over 20,000 and stsbilized our followers via other social networfis. Our e-newsletter
now has a 450/0 open rate which surpasses the National average of 3711/0. Our profile continues to widen by our active
press presence in 2023124 featuring in various publications.
Page 2

MANCHESTER CRAFT AND DESIGN
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
FINANCIAL REVIEW
Financial Position
MCAD has robust fmanciaI policies and procedures that support our aims and objectives. Perforn]ance is monitored
through quarterly fmancial reports reviewed at Finance Sub-conllnittee and Board meetings, with financial controls set
out in our Schedule of Delegation.
During the period 2023 to 2024 MCAD has received support from Arts Council England via its National Portfolio,
Radcliffe Trust to support our emerging makers pro￿aMMe. Awards for All and The Postcode Lottery to support our
volunteer programme and Neighbourhood Investment Funding to provide free craft based activities to break down
barriers to access.
Res¢rv¢s poliey
To ensure fmancial viability of Manchester Craft & Design and its ability to meet its ongoing commitments, the charity
will endeavour to maintain sufficient reserves to cover a minimum of six months u]]restricted expenditLWe.
Management action with approval by the full Board of TTUStees will be required should this fund diminish below the
above calculated reserve requirement.
The reserves fimd wÈll be managed and monitored at each Finance & General Puryoses (F&GP) Sub Committee
meeting and reported back to the full Board of Trustees within the fmancc r¢porting procedures.
The calculated reserves fi￿d will be reviewed quarterly to ensure it takes account of changing circumstances.
Tbe full reserves policy will be reviewed annually. This review will consider various scenarios, fUtL￿e needs and
opportunities
FUTURE PLAI¥4S
Plans for future periods
As MCAD looks forward to the year ahead, our focus turns to enhancing our strategic aims and objectives set out
above. We will continue to widen enhance our offer of programmes, workshops. exhibitions and events that sllpport
connection, engagement, education, inspiration and leadership in craft and design.
As MCAD continues to be an Arts Council EnglaniL National Portfolio Organksation for the period 2023 to 2026. We
have set out strong key deliverables to achieve in this period inclusive of reducing our environmental impact as an
organisation. move forward with actioning culture change within the craft sector, widen and engage our audience
networks, and continue to be a leader of excellence in Craft.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trusL and constitutes a limited company, limited by
guarantee, as defmed by th¢ Companies Act 2006.
Directors and Trust¢¢s
MCAD is governed by a Board of directors who are also its trnstees.
The directors who served during the year are listed on page one of the annual reporL
The directors are appointed by members at Annual General meetill￿.
The Board may co-opt directors at quarterly meetings, but new directors are appointed at the AGM.
The Board of directors meet at least 4 times per year to review 5trdtegy, policy, operational plans, budget and fmance
control, and risk management. In addition, the Finance and General Ptuposes sub4ommittees meet quarterly to review
income and expenditure and all fjnancial matters.
The Board of Directors continue to work closely with Stefanie Wyke (Creative Director) and John Lucas (Company
SecretarylFinan¢e Offi¢¢r). Dates and Names are listed in the fwst section.
Page 3

MANCHESTER CRAFf AND DESIGN
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
MCAD is a charitable company limited by guarantee (England and Wales) and became a registered charity on 12th June
2017. The company was r￿st incorporated on 9th January 1991. The company was established under a memorandum of
association which sets out the objects and powers of the charitable company and is governed under its articles of
association, the most recent of which was approved by the Board on 9th March 2016.
Induction and training of new trustees
BoaTd succession is managed through f￿ed tern)s of office, and regular skills audits to identify gaps in relation to the
Business Plan. Board members are recruited through advertising via appropriate channels, and by existing Board
directors suggesting potential candidates. Board applicants are invited to complets an expression of interes¢
meet the nlembers of the Board of Directors and MCAD Creative Director. th ac¢ordance with clause 44 of MCAD'S
Articles, Board members have r￿ed terns of office and must retire when they reach their terni.
3 trustees were recruited during this period, Bernadette Bone, Paula Watt and Yekta BakiTiloglu and appointed at
MCAD AGM 15th November 2022.
Julie Platt the Chair of the Board resigned on 15 March 2023, having been a trustee since 2015 and served as Chair
since 2018. The Board had agreed that her tenn w&s extended to provide stability d￿]ng the pandemic.
Jack Kirby and Jennifer Tegg on the Board of Directors took the position of shared Interim Co-chair commencing 15th
March 2023 to 15th November 2023.
Ellma Anderson (Chair) was appointed to wst on the 17th November 2023.
Key Partnerships and Networks
In 2023 to 2024 MCAD continue5 to be fi￿ded as a National Portfolio Organisation of Arts Council England 2023 to
2026, for work that delivers to their strategic prtorities.
The charity has a Memordndum of Understanding with Manchester School of Art (Manchester Metropolitan
University). University of Bolton and Manchester College to pmvide opportunities for students and graduates. MCAD
contributes Stair￿g and Activity fimds to tbe Northwest Craft Network and sits on theiT Steering Group, MCAD is a
member of the national Craft UK network, and participates iu a range of cuitut71 sector fonuns.
Related parties
MCAD established MCAD Ente￿riseS Limited on 24th ApTtI 2016 (company no.10143710) to carry out non-charitable
trading artiviti¢s. Und¢r the Articles of the company any profits and gains arising frorn these activities will be paid to
MCAD.
Risk Management
The Board is responsible for managing the risks of the organisation. Risks are reviewed at quarterly Board meetings
with processes put in place to mitigate identified risks. The controls that the Board uses are:
Forn)al agendas for all Board meetings
Business Plan including risk register reviewed at quarterly Board meetings via management reports
Quarterly financial reports monitored by the Finance & General Sub-committee, reporting to quarterly Board
meetings.
Established organisational strucmre and lines of reporting
Schedule of Delegation setting out fmancial controls
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02572530 (England and Wales)
Registered Charity number
1173366
Page 4

MANCHESTER CRAFT AND DESIGN
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Registered o￿lee
17 Oak Street
Manchester
M4 5JD
Trustees
S R Anwar Entrepreneur
Ms K J Ashton Museum Director (resigned 161512024)
Ms I K Brown Consultant And Project Director (resigned 1511112023)
Professor M D Evans Professor
W D Hart Lettercarver And Sculptor (resigned 1511 I￿023)
J D Kirby Head Of Collections SeNices
Mrs J Tegg Marketing Consultsnt
M J Woodward Culture & Heritage Consultant
Ms R J Kllight Head Of Exhibitions
Ms E J C Anderson Museum Director (appointed 1711112023)
Dr Y Bakiriloglu Senior Lecturer In Design Management (appointed 1511112023)
Ms B C Bone Conservation Architect (appointed 1511112023)
Ms P Watt Post 16 Send Project Manager (appointed 1511112023)
l￿dep¢lldent Examiner
Spurling Cannon
Chartered Certified Accountants
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ
14th November 2024
Approved by order of the board of trnstees on ............................................
. alld skgned on its behalf by:
Ms E J C Anderson - Chair
Page 5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
MANCHESTER CRAFT AND DESIGN
Independent examiner's report to the trustees of Manchester Craft and Design {'the Company,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the pu￿OSeS of company law) you are responsible for
the preparation 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 under Part 16 of the 2006 Act
and are eligible for independent examination, I report in respect of my examination of your charity's accounts as Ca￿lea
out under Section 145 of the Charities Act 2011 ('the 2011 Act,). In canying out my examination I have followed the
Directions given by the Charity Commission under Section 145(5) 0)) of the 2011 Act.
Independent examiner's ststement
I have completed my examination. I conf]rn that no matters have come to nly attention in connection with the
examination giving me cause to believe:
accounting records were not kept in respect of the Company as required by Sectton 386 of the 2006 Act. or
the accounts do not accord with those records. or
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 considered as part of an
independent examination. or
the accounts have not been prepared in ￿e0rdance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charitie5 (applicable to charities preparing their
accounts in a¢cordan¢¢ with the Fillancial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Richard Phillpott MAAT FCCA
Spurling Cannon
Chartered Certified Accountallts
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ
Date: ......
Page 6

MANCHESTER CRAFT AND DESIGN
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 IVLARCH 2024
2024
Total
funds
2023
Total
funds
Unrestricted
funds
Restricted
fimds
Notes
INCOME AND ENDOWMENTS FROM
Rental, grant and other income
204J73
19,569
223,942
197,860
Bank interest
2,715
2,715
Total
207 088
19,569
226 657
199,292
EXPENDITURE ON
Charitable aetivities
General
161,650
18,846
180,496
214,204
Other
44.436
706
35,373
Total
206 086
19
249 577
NET JNCOME/(EXPENDITURE)
Transfers between funds
1,002
li
17
li
1.019
(50,285)
Net movement in funds
1,013
1,019
(50.285)
RECONCILIATION OF FUIYDS
Total funds brought forward
111,738
14,441
126,179
176,464
TOTAL FUM)S CARRIED FORWARD
112,751
14,447
127,198
126,179
The notes forni part of these fllmncial statements
Page 7

MANCHESTER CRAFf AND DESIGN
BALANCE SHEET
31 MARCH 2024
2024
Total
funds
2023
Total
funds
Unrestricted
funds
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
Investments
io
io
10
13
13
13
CURRENT ASSETS
Debtors
Cash at bank and in hand
13,801
128,494
13,801
142,941
10,711
143 135
14,447
142,295
14,447
156,742
153,846
CREDITORS
Amounts falling due within one year
{29,55
(29,557)
(27,680)
IYET CURREIYT ASSETS
112,738
127 185
126.166
TOTAL ASSETS LESS CURRENT
LIABILITIES
112.751
14,447
127,198
126,179
NET ASSETS
112.751
14,447
127 198
126,179
FUM)S
Unrestricted funds
Restricted funds
112,751
14,447
111,738
14.441
TOTAL FUNDS
127,198
126,179
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 March 2024.
The members have not required the company to obtain an audit of its fmancial statements for the year ended
31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trnstees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting record5 that comply with Sertions 386 arAd 387 of the
Companies Act 2006 and
(b) preparing fmancial statements which give a true and fair view of the state of affairs of the charitsble company as
at the end of each fll]ancial year and of its SUTplus or deficit for each fjnancial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act
2006 relating to fmancial statements, so far as applicable to the charitable company.
The notes forni part of these financial statements
Page 8
continued...

MANCHESTER CRAFf AND DESIGN
BALANCE SHEET - continued
31 MARCH 2024
These fmancial statements have been prepared in accordance with the provisions applicable to charitable companies
subject to the small companies regime.
The fmancial statements were approved by the Board of Tnjstees and authorised for issue on
14th..Novembe¥.2.024nd were signed on its behalf by..
E J C Anderson - Chair
Type text here
The notes forn] part of th¢s¢ fmancial statetnents
Page 9

MANCHESTER CRAFT AND DESIGN
NOTES TO THE FINANCIAL STATEll￿NTs
FOR THE YEAR Ef4DED 31 IIIARCH 2024
ACCOUNTING POLICIES
Basis of preparing the finaneial statements
The fmancial statements of the charitable company> which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement
of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Companies Act 2006. The fmancial statements have been prepared under the historical cost
convention, with the exception of investments which are included at market vaJu¢.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds. it
is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure &$ soon as there is a legal or constrnctive obligation committing the
chaTity to that expenditure, it is probable that a transfer of economic b¢n¢fits will be required in settlement and
the amount of the obligation can be measured reliably. Exp¢nditure is accounted for on aJ] aCcrL￿1S basis and has
been Classified under headings that aggregate all cost relatsd to the category. Where Costs cannot be directly
attributed to particular headings they have been aIlocated to activities on a basis consistent with the use of
resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.
T2X2tion
The charity is exempt from corporation tax on its charitable activities.
Fund aeeounting
Unrestrtcted fimds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the cbarity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the
charitable company's pension scheJne are charged to the Statement of Financial Activities in the ￿riod to which
they relate.
BANK INTEREST
2024
2023
Interest earned
1,432
Page 10
continued...

MANCHESTER CRAFf AND DESIGIY
NOTES TO THE FINANCIAL STATEIVIENTS - continued
FOR THE YEAR EIYDED 31 MARCH 2024
TRUSTEES, RETrtUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended
31 March 2023.
Trustees, expenses
There were no
31 March 2023.
trustees, expenses paid for the year ended 31 Twlarch2024 nor for the year ended
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
Restricted
fimds
Total
fimds
INCOME AND ENDOWMENTS FROM
Rental, grant and other income
83,639
114,221
197,860
Bank interest
1.432
Totsl
114221
199 292
EXPENDITURE ON
Charitable activiti
General
101.922
112.282
214,204
Other
35.373
Total
137,295
112,282
249,577
IYET INCOTrtEI(EXPENDTTURE)
Transfers between funds
(52,224)
1.939
(50,285)
Net movement in funds
(53,546)
3261
(50285)
RECONCILIATION OF FUNDS
Total fimds brought ftlrward
165284
11,180
176,4fv1
TOTAL FUIYDS CAIUiKED FORWARD
111738
126,179
TANGIBLE FIXED ASSETS
Plant and
machin¢ry
COST
At l April 2023 and 31 Ma￿h 2024
DEPRECIATION
At l April 2023 and 31 March 2024
NET BOOK VALUE
At 31 March 2024
At 31 March 2023
Pagell
ontinued...

MANCHESTER CRAFT AND DESIGN
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
FIXED ASSET INVESTMENTS
Shares in
group
undertakings
MARKET VALUE
At l April 2023 and 31 March 2024
io
NET BOOK VALUE
At 31 March 2024
io
At 31 March 2023
io
There were no investment assets outside the UK.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Prepayments
12,285
1,516
8,950
1,761
13.801
10.711
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
SOCI￿ security and other taxes
Other creditors
Accrued expenses
2,192
1,996
17,720
4,662
1,654
18,364
29,557
27,680
MOVEMENT JN FUNDS
Net
movement
in funds
Transfers
between
fi￿dS
At
3113124
At 114123
Unrestricted funds
General fund
111,738
1,002
li
112,751
Restrieted funds
MCC Culturdl Partnership
Radcliffe TnASt
ACE NPO 202312024
Kate Day fund
Postcode Lottery
Awards for All
4?73
5,000
li
5,057
(4,373)
(5,000)
(li)
661
5,033
5,718
5,033
17
li
TOTAL FUNDS
126 179
127 198
Page 12
continued...

MANCHESTER CRAFT AND DESIGN
NOTES TO THE FINANCIAL STATEMENTS - eontinued
FOR THE YEAR ENDED 31 MARCH 2024
MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unr¢stricted funds
General fund
207,088
(206,086)
1,002
Restricted funds
MCC Cultural Partnership
Radcliffe Trust
Kate Day fund
Postcode Lottery
Awards for All
2,610
(6,983)
(5,000)
(16)
(1,749)
(4,373)
(5,000)
661
5.033
3,696
677
6,782
19,552
17
TOTAL FUNDS
226 657
225 638
cO￿paratiVeS for movement in funds
Net
movement
in funds
Transfers
between
fLU]ds
At
3113123
At 114122
Unrestricted funds
Genera]
165.284
(52224)
(1,322)
111.738
Restricted funds
Arts Council NPO 202112022
MCC Cultural Partnership
National Lottery Community Fund
Radcliffe Trnst
ACE NPO 202312024
Evergreen Fund
Kat¢ Day fund
2.619
(2,619)
4,373
(8,578)
5,000
(2,608)
(1,305)
4,373
8,561
17
5,000
2.619
1,305
TOTAL FUNDS
50
126 179
Page 13
continued...

MANCHESTER CRAFT AND DESIGN
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
MOVEMENT IN FUNDS - eontinued
Compardtive net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
85,071
(137,295)
(52,224)
Restricted funds
MCC Cultural Partnership
National Lottery Community Fund
Radcliffe Trnst
ACE NPO 202312024
Evergreen Fund
Kate Day fund
15,792
(11,419)
{8,578)
4,373
(8,578)
5,000
(2,608)
(1,305)
5,000
81,472
6,900
(84,080)
(8,205)
114221
112282
TOTAL FUNDS
199,292
249.577
50285)
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
ill funds
Transfers
between
funds
At
3113124
At 114r22
Unrestricted funds
General ￿lld
165284
(51,222)
(1,311)
112.751
R¢stricted funds
Arts Council NPO 202112022
National Lottery Community Fund
ACE NPO 202312024
Evergreen Fund
Kate Day flmd
Postcode Lottery
Awards for All
2,619
8,561
{2,619)
17
2,608
1.305
(8.578)
(2,608)
(1.305)
5,718
5,033
5,718
5,033
3.696
TOTAL FUNDS
176464
127 198
Page 14
continued...

MANCHESTER CRAFT AND DESIGN
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
MOVEMENT IN FUNDS - eontinued
A current year 12 months and prior year 12 months combined net movement in fund& included in the above are
as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
292,159
(343,381)
(51,222)
Restricted funds
MCC Cultural Partnership
National Lottery Community Fund
Radcliffe Trust
ACE NPO 2023r2024
Evergreen Fund
Kate Day fund
Postcode Lottery
Awards for All
18,402
(18,402)
(8,578)
(5,000)
(84,080)
(8,205)
(16)
(1,749)
(8,578)
5,000
81,472
6,900
5,734
6,782
(2,608)
(1,305)
5,718
5,033
3.696
133 790
131834
TOTAL FUNDS
425.949
475 215
io.
RELATED PARTY DISCU)SURES
During the year Manchester Craft and Design provided employee services to MCAD Ente￿riseS Ltd for the sum
of £16,999.92 2023: (£17,000.00)
Page 15

MANCHESTER CRAFf AND DESIGN
DETAILED STA TEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
INCOME AND ENDOWMENTS
Rental* grant and other ineome
Rents received
Donations
Grants
Tn￿ts & foundations
Sundry income
Wages costs recharged
93,052
8,882
104,682
61,604
7,617
104,164
7,000
475
326
17.000
223,942
197,860
Bank interest
Interest earned
1,432
Total incoming resourees
226,657
199292
EXPENDITURE
Charitable activities
Wages
Social s￿vrIty
Pensions
118,249
3,646
2.194
100,387
2,333
1.703
124,089
104,423
Other
Premises costs
Cleaning costs
Repairs & maintenance
20,440
13,237
14273
12,189
8.911
45,142
35,373
Support costs
Management
Staff training
770
1,836
Finanee
Bank charge5
262
248
Other 2
Insurance & s¢curity
Exhibition & advertising costs
Office costs inc IT
Telephone
Postage and stationery
Admin & c(Fordinator
Freelance fees
Carried forward
2?60
24,894
4,561
4,641
1,513
5252
2,612
25.705
5,979
4,004
1,336
11,374
34,200
85,210
43221
This page does not forn] p8rt of the statutory fmancial statements
Page 16

MANCHESTER CRAFT AND DESIGN
DETAILED STA TEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Other 2
Brought forward
Freelance support
Consultancy
Legal fees
Donation to makers
43,221
3,400
61
85,210
3,870
6,260
7,443
51,182
102,783
Governance ￿sts
Sundries
Accountancy fees
323
3*70
672
4.242
4,914
Total resources expended
225 638
249 577
Net ineomel(expenditure)
50.285
This page does not fonn part of the statutory f￿ancial statements
Page 17