SOCIETY INC Registered Charity Number: 1181461 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
SOCIETY INC INDEX PAGE NUMBER ONTENTS TRUSTEES ANNUAL REPORT INDEPENDENT EWINERS REPORT STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET STATEMENT OF CASH FLOWS 9-17 NOTES TO THE ACCOUNTS
Sodety Inc Report of the trustees forthe year ended 31" December 2023 The trustee5 present their annual report and financial statemertts of the chartty for year ended 31 December 2023. The financial statements have been prepared In accordance with the ac¢ountiNd policie5 set out in note I to the accounts and compty with the chariW5 trust deed, the Charitie5 Act 2011 and Accounting and Reporting by charit.. Statement of Recommended PrartKe applicable to charities preparing their acti>unts in accordance with the Financial Reporting Standard Applicable in the UK an(J Republic of Ireland published IFRS 1021 leffectNe l January 20191. Reference and admlnlstratlve Infm•tlon Charity Name: Society Inc Charity Number.. 1181461 Trustees {vp to the date of 51gnlngl Joanne Bonney TreaSur Karen Whitehead Chair Victoria Fletcher-Simm5 Chair Michael Lappin Trustee Josephine Nicklin Catharine Barkley Elalne Pitt Ires¥ned February 20241 (appointed a5 Chair February 20241 Iresvdned January 2023) Trustee Trustee Prlndpal Offlce 15 Hulton District Centre Wor51ey Manchester M28 OBA Independent Examiners Communty Accountsnry seThI Limited The Grange Pilgrim Drive 8eswlck Manchester M113TQ Bankers Lloyds Bank Chelmsford Legg St 05C l Legg Street Chelmsford CMI IJS
Objectlves and arti¥itles l. To promote social inclusion for the public benefit of residents in Saword and Bolton and in particular but not exclusively the area of Little Hulron by preventing people from becoming socially excluded, relieving the needs of those people who are socialty excluded and assisting them to integrate into Society. 2. To promote and protect the good health of residents at rtsk of poor ernotional health, poverty, Isolation, ill-health, antpsocial behaviours and unemplOnent in Safford and BoP(on and in particular but not exclusivety the area of Little Hulton by the provision of an evNlenced-based rnentoring and befriendin8 project. 3. To further such other purposes which may be charitable according to the law of England and Wales a5 the trustees see frt from time to lime. The trustees Confirm that they have referred to the Charity Commission's guKlance on public benefft when reviewin8 the ChariWs aims and obj'ectives, in planning future activiiie5, and Setting the policies for the year. A revlew of our achlevernents and perfomiance: How our a¢tlvltles dellvered publlc benefft At our AGM we celebrated that we had supported acros5 our service Imentorin& befrlending and PEARL programmesl. We have received 182 new referrals and supported over 327 people. We have delivered 35 faCe-tface sessions. We have provided 34CQ sUPPOrt phone calls. We have contributed 325 hours of volunteer time. We have provided 300 hour5 of group activity. In 2023, we have continued to deliver student placements. offering placement opportunities to The Universty of Salford and Lancaster Unrversity. In total we have facilrtated 22 placements for students in their communty placements. who were training as either. social W0er$. nurses. orthotics or occupational therapists. This reciprocal partnership has been hugety succe55fv1 in educating students whilst also helping to infomi and develop our own practice as a service, whitst providin8 an income for the charity to continue and athance our work. Through participation in the Digital Inclusion Project, we have helped 78 people to develop their IT ski115 and build confidence. We supplied Winter Warmer Parcels. to 60 at risk clients to support their safety and warmth through the challenging winter months. nnandal revlew The trustees have reviewed the accounts and are happy with the financial condition of the CIO. Investment powers and pollcy The trustees. havinE regard to the liquidity requirements of operdting the Charity. will keep available funds in an interest-bearing deposrt account. Reser¥es pollry and 8oln8 concern The balance held in unrestricted reserves ai 31" December 2023 was £17.836 of which all are free reserves. after allowing for funds tied up in tanBible rtxed assets. The trustees aim to maintain free reserves in unrestricted fvnds at a level which equates to approximatety three months of unrestricted charrtable expenditure. The trustee5 consider that thi5 level will provlde SLrfllcient funds to respond to applications for 8rants and eu that support and Bovernance costs are covered.
Rlsk rnanagement The trustees have conducted a VIeW of the major risks to which the charity is exposed and systems have been est8blL4hed to mttlgate those risks. Plans for Future Perl¢Jds Moving Into 2024, we aim to build upon the 5ucces5es we have achieved over the last 12 months. In addition to our usual seryices, the continued renovation and modernising of our new premises will enable us to broaden our offer. During 2024 we hope to... • Continue fa¢e-to-f3ce 'SMART recoverl and'SMART friends and famiv groups so that individuals impacred by substance mi%u5e can attess the 5UPPOrt they need. Continue complimentary therapies (recovery from substance misuse. All staff are now fvl NADA trained. • Continue tn-person. classroom based, peer mentortralning and deliver our training to other agencies. . Continue to provide placements for student nurses as part of the *ersonali4ed Care Interprofe5sional Education Framework, IPerCIE) By building upM)n the successes, we have achieved over last 12 months, We aim to continue delivering suppon to those who need us. the cost-of-INing Cost of living IEnergy crlS continues io impact the most vulnerable- Society Inc are looking towar(ts ways we can best SUPPOrt our seiCe user5. Gukled by our client feedback- We aim to address build upon our group actNlties. We aim to contlnue our partnership with Salford and Lancaster universrty to offer non- medical student placements to Mental health. occupational therapy. wcial work and orthopaedic students. We look forwards to contlnuing our partnerships with LNin8 Well Salford for the delivery of our PEARL programme. Structurei 8o¥ernance and rnanagernert The Charity is a registered charitable incorp)rated organtiOft and is constituted under a trust deed dated Wjanuary 2019. Appolntment of trustees New trustees are appointed by expre55K>n of interest in writing or via our AGM. They are appointed by exlstlng trustees and see for three year5 after whKh they may Put themselves forward for re- appointment. The Trust Deed provides for a minimurn of three trustees. to a maximum of twelve trustees. wfth no more than three trustees due for re-appointment In any one year. At the quarterty trustee meetings, the trustees age the broad strategy and areas of aCtty for the Charity. including investment, reserves and risk management policies and performance. The day to day administration of the Charity is delegated to the chair. Karen WhTtehead. Trustee Indurtlon and trainin8 The CIO trains and inducts trustee5 via a system of mentoring and intemal tralning. Trustees can atcess training by Salford CVS on their roles and responsibilities should they wish. They are 3150 provided with a copy of our conStitutn and a verbal explanation of their roleslreswnsibilities.
xiety Inc Trustees re4>on51bllltles In relatlon to the finandal s&itements The charity trustees are responsible for preparing a trustees. annual report and financial statements in accordance wtih applicable law and UnTted Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practicel- The law applicable to charrties in England and Wales requires the charrty trustees to PTÈpaTe financial statements for each year which gNe a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the financial statements, the trustees are required to: Selett Suitable accounting principles and then appty them constStentfy: Observe the methods and principles in the applicable Charlties SORP. Make judgments and estimates that are reasonable and prudent,. State whether applicable accounting standards have been followed. subject to any materk11 departures that rnU5t be disclosed and explained in the financial statements. Prepare the financlal statements on a going CTrnrn basis unless it is appropriate to presume ihat the charity will continue in busines5. The iwsiees are re$FnSIble for keeping proper accounting records that discbse with reasonable accuracy at any tiTne the financial posrtion of the charity and to enable them to ensure thai the financial statements compty with the Chortties Act 2011. the applicable Chartties {Accounts and Reports) Regulations. and the prowsion of the Trust deed. They are also responsible for safeguardlng the asset5 of the charsty and taking reasonable steps for the preVentn and detection of fraud and other irregularitie5. Approved bythe trustees on 5 August 2024 and signed on thelr behalf by.. Victoria Fletcher-slmm CHAIR OF TRUSTEES
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF SOCIETY INC REGISTERED CHARITY NO. 1181461 I r¢port on the accounts of the chaTity. for the Year Ended 31 December 2023. which are set out on pages 6 to 17. Respective R¢sponsibilitie5 of Trustees and Eumintr The charity's trustees are r¢sponsibl¢ for the preparation of the accounts. The Charity trustees onsider that an audit is not rUired for this year under section 144(2) of the Charities Act 2011 (Ihe 2011 Act) and thal an independenl examination is ne¢d. The charity is preparing accrued accounls and l am qualified to undertake the examination by b¢in8 a qualified member of the As50ciation of Chartered Certified Accountants. It is my responsibility to- Examine the acwunts under section 145 of the 2011 Act: follow the Procedures laid down in the gen&[ Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act" and To state whether particular matters have come to my attention. Basis of Independ¢nt Examiners Report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a wrnparison of the accounts presented with those records. It also includes n5ideration of any unusual items or disclosures in the accounts. and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audiL and wn5equently no opinion is given as to whether the accounts present a '%rue and fair vieW' and the rewrt is limited to th0 matter5 set out below. Independeni BMiner'S Statement In connection with my examinatio other than listed below. no matter hos come to my attenlion: (l) which gives me reasonable cause to b¢lieve that in any material respect the requirements: to keep accounting records hav¢ in accordance with section 130 of the 2011 Act. and to prepare accounts which accord with the accounting records and to ci)rnply with the accounting requirements of the 2011 ACL have not been met. or (2) lo whicm in my opinion. attention Should b¢ drnwn in order to enable a proper understanding of the account5 to be reached. AM King FCCA Date: 5 August 2024 Communtty Accountancy Seryice Ltd The Grange, Pilgrim Drive. BeswicK Manchester. Ml13TQ
FINANCIAL ACTr4rnE 1 DECEMBER 20 R ThE YEAR ENOED Totsl Funds Total Fur Yo•r Endéd 31 Y•ar Endod 31 Fund• Fund8 2023 2022 DonalKJns and legoue¥ Charitable ActThfths Total (31 141 122 167.295 167.417 75 157.830 157,905 9.1BO 158.115 158.115 ExPd[turn on: harltth A"e1 Totsl 151 15.109 15.109 153.410 153,410 168.519 168.519 140,998 140.998 Net101$e5I on inveslm N•t IncomWl•xpondKurnl 15,8on 4.705 11.102) 16,907 Tr•nsler5 bpts•eefi lund8 1141 13611 361 In fund¥ 16.1681 11.1021 16.907 R•conGll¢lD of lund¥ TotBI funds brou9ht fotword {141 24.(#)4 19.927 43.931 25,92Z T(tsl fvnds uffl•dlonnvd {14} 17.836 42.829 42 829 Th¥ $t•t•mentoffinarKi•l #(INrfi¢s aw 98 aTrJ b5%es in ar. All i[1n9 a not88 OTh page5 910 17 fomi part oflhe8• accourt5.
BALANCE SHEET AS AT 31 DECEM 2023 J1 08Mbr 31 Dec•mbw 2023 X+22 x•d ao•ts: Tjjngibkn Fixod AS¢$ 181 717 Curr•nt aMel&' 08bte Cash al Bank & in Hand Tot81 cuThen¢ as86ts 1101 2,510 42,720 45230 14.933 36.671 51.604 Uabllrtl•: Credttry5" Amounts folng d¥MIhIn ywr 3.118 9,357 Not ¢>JNent ¥ets orbIlls 42.112 42247 Totsl n•t as80ts or U•bllklo• 43.931 Th• fvnds of ¢harity. Re5trided Inco fvnds 1141 24.993 19,927 Unr8lrttsd inemfunds 1141 17.836 Total chtyfulKI5 42.829 43,931 Approved On behav ¢ftheTfUSteos Manogemwt C(thmit (Chair of Trusleesl nmtee) D8t•.' Slh A912024 notes on pw 910 17 lo PBrt oftP*8e act$.
Statwn•nt ofCsh lortho y•ar•nd 31 Docbr 2023 Rec11110fft ol net mo¥emeni In fvnd5 ¢0 net ush Ikwfrom operatlne •c¢trld Yw Ended 31 YoAr EndBd 31 2023 2022 N81 Mo¥effrt in funds Add back depreon Decre8s&lincrea5¢1 in dabto Incruselldeejeasel In crettrtors Net ¢•sh used in operatlD8 acllvllS 11.1021 967 12.423 6,239 6,049 16,9)7 1,718 112,3 .493 2.737 Pur¢ha8e off1 assets Not euh u•ed In IDV••ting •cll¥l¥•8 2.152 Inc¥eaeelldo¢>p•s¢l in c88h 8ThJ (5h eqUN4111 8,049 505 •sh and cash equN¥knts brnghlfoThvard 36,671 42.720
l. AcwuntsnK policles l•> Ba$ of pr¢Plati and •&ses%ntht ¢ryKem The accounts lffinanoal statements) ha% prepared uTrJertr¢ hWtsI cost cCrfivtrnTr ilh ltery reco9ni5ed al or Ir8nsac1Tr v•lue Un olhBrwoe staled in the re¥81 nc4esto Ite ar4>)uDts. The ffianuBI stalemer hove been prepared in 8ccordann with the Slatement of RecrrneD¢Jed Prnctice." Accounting and Reportin9 Chorrfie5 preparing their Bccounls in accordanct ith the Financial Repoiting St8rthrd aF¥ble In the UK and Republ of Irend IFRS 1021 issuexl on 1st J•nuary 2019 arKJ the Financial Reportirg Standartl the Unlled Kingdryn and R¢publi¢ Irand IFRS 1021 and the chaIrtA¢1 2011. The chanty constitule$ 8 publie nefit entty •$ d•fined ty FRS 102. The trystsos t4)fftSK1trthat tlwe are mo mateMI •btyrtthÈ¢•ritrfs abiltytrj ¢mtIn •$ a gollyd ne¢m. Ibl Funds stnKtur• Reslricled funds are fufid¥ whKh arn to be uaed in acojfkn ry08•J byth• donor or tn&4t deed. There arr 7 Stricted lun¢Js. Unrwrthd inMm• lunds c4rnprth Ihow funds Athth trust885 arefr•¢ to ustrf arry furtheranee of Ihe chanlabk 04ects. Unreststed fvnds in2kKle dwated trwtw. at Ihew dL%f8bon. hove c¥aated 8 lund for a spedfK purpo. Furttr detsrfs ofeach fund dtsdo8ed in ncle 13. lel Income recognltlon All income is recogned 01 Ihe therity has enti1kn tothe it 15 pfDb8bk thtyt the bE recei¥ed and the amount ol InCryr receN8ble be measurEd reliabty. Donobon$ are rocognised %thn the Gnarty hgs now in of b¢lh Ihe amount ond settlement date. In th? event Ihot a donabon is su4ed cmdtbons that wuiie 8 Ve1 of perf0Mtt charity entstd I funds, ts in¢ome is doferTed and TrJt recogni88d until ethgrth080 condlK)ns arn lulty m•t, crf the fuffilment olthos• ndilions iswholtywthin tt ¢¢fitrol ollhe ¢harty tynd bl A ptobabkthalthose co#10 ill be fuffilled in Ihe repprbng porJd. Irthrest on funds h¢WY tyi osit arbj tha ¥mowtn be ffwured r¢W by the tharity., Ihi5 18 norm81ty upon notthcatioth eAihe ffrtèrest pabj or Pay bythé bank. aré reu4nxd onc• tke dNidend h•$ teen and n¢•fi¢aison ha$ Wn rtciv¢d olthe dwend due. Idl Elpendrture Rec¢rynl akn"litiès are recognised 8s eypeThdibJre as sc4)n a 1 ry cthstyu¢ibE obj•bOTh th• ch8rltyto that oyp¢ndilure, il i8 probable Ihal sethem8ntill bo requrnl •nd fv OUnt of the 1•bOn con L mEasts reliabty. l expendwre is artounttd foron •n atuuals basis. An expertsts support aThY gonan cwts ore a1Cated C apportioned totho #F•bl¢ eMp¢nditur¥ headRyJs. For more infornotM on thr& attTibJthJn ref•rlD noto (gl bal. lel Irre(0r4bIe VAT Irroverab VAT is charged •9•th8 expeThJlwo h8adry itwas T[[0d. Ifj Amocatlon of suppwt rosts Support Costs have bÈen 81IJc&ted betten governan costs othvrwJppurt CJJSts. Gov¢manL costs o)mprlso all costs invthng Lle public accourrtabilty ofthe thartyar ts COmlINe wdh reguLgIKJn and gorJ practti ThEse costs includa costs reL8ted to iThJepertht ex•mlnabon •J feos tcqethwith an akpJrticnment of ovtthe•d aTrJ 8UPPOrt Costs. Govemance cos:5 support CQSts rel8"r lo chartsbk? adpiitw teen aFwknied b•stsJ M typ¥ ofeyp¢n. The althatK)n rf¥uppJrt Bnd g¢Jvemonce costs o ¥rtatywJ fft nob 6. I Costs d rIn6 funds TherEr• no costs assooated fvThJs. Ihl Ch¥ll•WeAtlvillles
111 Reallsed gains and losses All 98ins and ISeS are tsktn lo lh• Slatemert of Fin•ndal Acbe# •$ Itw •Me. Rsed goin¥ ano on in¥e$tments are caku18led as the drfFeren beMYen Sa proued5 and tMir OPEnThJ e4rrwrvJ value or IhE purchase v81ue rf8L¥uired subsequent to tho first dayefthe finarla1 . Unr8Bl¢ed gaifi$ antl 8 C41culaled as the drfference thè f8if vath at the par eTrJ and theirv8r vakn. Reah"sd aTrJ unwlis¢d investmenl gains and knss6s ale comb1rj in the Statnent olFirw)tial Ath"ds. 111 Tan8lble fixed assets 4nd depre0•0 All •ssets costirHJ more than e5tKJ are •rKJ ¥•W ¥1 Iw51orul co¥i Deprecthrt o chwyed w the fc4kthin ba$ls'. Comwter8 & Equwnt 3Jarn slrawjm The charty curyEnlty dcs adMtel cortributions to on auw enr¢lffeni nsh)n 5theme on behoff indu. The tharty has TrJ liabdity rnaking ts tonirthb and aGrg5s tho dedu£tsons lor the contrl)utions. Ikl Oebtors Trade 8nd elherdebtQF$ are rnccgnts¢d at th? seth&rwt •m¢t duv tsanytr¥dp discourrtoffornd. Prep•yments are valued qtthe Jmourt prewid n•lof #nytr8dts dis¢¢Unts d. 111 Creditors and Plu41on$ CrEditOt¥ and provtsKn$ are reCOgned7her8 the charfty has 8 present Obfgat resuttwvJ from A ysl event th•lwrill prob*ty resutt in tha transfrrofthe funds to a third paty and the arnwnt due10 selde lh• oblwjilion ¢an be measured or eslNiiat•d rbty. Creditors aTrJ prO¥1%S are nonnalty recr9r45 qtusetUertni lor aw trade Aue. The tsu5Ws al, give freetythetrtime and wfithout arryfomi ol [ThUn¥atitin or otsrben¢ft In ¢ash lyk¥. Ewenses paid trustees in thè peried t1)lal £na I2Q2.. £niTr. One truslee pl1•$ dnKal Supe1n. 88 agrood at trLthe ¥el. The t1 pawj lo Ihe Iru%teE durry the yearwas £700. Totsl Fund• Ye•t Ended 31 Yr Ernlod Y•ar End•d 31 Y•ar Ended 31 x*2J 2023 2023 2022 Don8tpJns 122 122 122 122 75 75 reporb'ng p•rferfJ Tot•1 Fund• YrENdd 31 Y1 erKknI Y••rEnd•d 31 2022 2022 2022 DonalKJns 75 75 75 75
11 4. Incom•from chArltabl• Xb¥it uN•¥t R•8trkt•d Tolal Fund8 Total Fund• YovErthd 31 Y•ar ETKlod Y•aren¢lwd 31 Ymr End•d 31 2023 2023 2023 2022 FundTrising Events Student Placent Fees Unrestrided grunts". NHS England Restritsd grants". Coalf18 Natlonal Lo¢kry Commnitbs ESF For Housl $8lford Paarf Saiford MnIty Salford CVS wir.ter Suppori FuThJ 385 10,157 1.400 5.788 5.788 4,134 21.252 24 141261 10.(X)J I41,1 10.0 120.181 9.180 158.115 187.295 157.830 PrevuS reporting perK#J: YeTe 31 Y•ar ended Year Ended 31 2022 2022 2022 FUNdra1n9 E¥enl¥ StleI Placement Fees Rèstricted grants. C¢alf*k1$ NaInI1 Lottery Raathing CtyMiunkns ESF Saword Pt• Saword CVS WinterSuppty1 Fund 385 10.157 10,157 4,134 21,252 24 120.181 1.697 147.2B8 4.134 21252 24 120,181 1,697 1S7.830 10.542
12 5. Exper11[¢ Yo•r ErAl•d J1 Y•ar Endod 31 2023 2022 Expondyrn on clwltsbla actfvlll•s". Wages & Salaries Pension Sessional Fees FuTrJr8i8iw E¥enses ¢baning SupeNi$ion Travel & Meeinys Tdp¥ & Recruitment hristma$ Grfts Volunteer Tmel & R6frnshm•n Tralni tr Support s(181 Media Semrxa Refre¥hm•nls DBS Checks Deverln Minor Equthjrneni Website LSe5 aTrJ SUbKript Repairs & MaintenanL Tdtphoft & Intemet Rent & Room Hire Insurance Post. Printing & Statsonery Sundrfe$ Go¥emance Support Costs 111.058 2,154 30.514 69 570 111.058 2,154 XS.514 115.471 2.591 1,207 47 570 7C 2,292 2.642 535 4.270 4.Z70 160 1.705 727 r27 170 128 7 295 524 1,030 3t2 1,327 5.492 170 128 957 265 109 1.71 5.752 524 312 1,327 5,492 838 174 87 1,352 2,161 168.519 2.547 1.217 5.181 529 515 18,915) 174 1.29S 168.519 Year Ended 31 Y•ar End•d 31 2023 2022 15.109 153,410 168.519 112.9851 153,983 140.998 6. Wlocatlan ofEv4emance al sUPPQrt Costs Th8 breakdown ofwpport costs •nd Ihestwe •Wocated betKeTh gowMDce •ThJ dhw$uFVQrtoxi8 bolw. 8a•b of Suppryt lJo¥•rnart 2023 Total 2022 Totsl 858 858 Fe¢s Prole55h)nal Fees HeBI Light & Wat81 AGM & Twustèe Meth"ngs Bank Charges Pa1 Costs 634 olÈxF4 type of8xFense type ofe¥pense 789 494 85 653 3.513 494 15Q 93 749 85 653 2,161
IJ 7. Inalysls olstall wsts Y•ar End•d 31 Y•ar End•d 31 2023 2Q22 Wages and sa[198 Soaal Se¢urity Gosts Pension Costs 1tr3,¥25 1.733 2.154 113,212 110.621 2,765 2,591 113.212 The average Nmberof empwes duriTrJ Ihe yaarw 7 {prOU8 Jwr nwith a frjl Iwn? t9ant of 5.5 (previo year ¥. The chaiity constyyers As key man89emenl F¢wnel compriwa ofvw8 Fkthr-sinms (Trusteol. The total empwent benefits. induding empwr peftsion c3JntrknutiMs oftha key management per8onnd We £nil. Ipmk)us ar. £nill. No has tenafits in •XLW oi£eoJ.(O) ¥ar. nornl. & T•nOble yed Assets Equlpm•nt Tolal COST At 1 Jonuary2023 Addthons 5,216 S,218 Al 31 Decem¥2023 5.216 5,216 DEPF¢ECIATION Al 1 January 2e23 Charge forlhe Pwh DisP05J Al 31 D¢cemt%r20rJ 3,532 4,499 4.499 NET BOOK VALUE At 31 Decomber 2023 717 717 At 31 Decemr 2022 9. Indep•nd•nt ExamlnwFw8 Ye•r Erth 31 Ymr End•d 31 2023 21J22 lTrlependeniwmln•bon fs 85 858
St)¢l In 14 10. Amlyslsol debtors Y•Ar Endod 31 Y•8r Endod 31 2023 2022 Prepants Olher Dobtors 1.216 1.294 2.510 2.60 12,321 14.933 Deblorn rdale 10 l•Sthcted lurth£1,216 (2ty21. £1.4811 aTrJ Unrtirl hJT¥J8£1.294 (2022.. £13.4521. IL CrethtLYs'. lmounts fvl11 {e whhkn oneye•r Yr ErMJ•d 31 Ymr End•d 31 2023 2022 Olhei udttor¥ •nEI •CCnJs Deferred Irme 3.118 3,IX3 6.354 3.118 12. Delerred Inwme Defer inccffe eompriw gr•nts ni athf•n¢•. Balgnce as al 151 J•nuary Amount relea8ed to irKc¢ne è•medfrcffj ¢hw#•tile Amount deferred in IEar Bolonce 0131 Dernt 2023 13. Commltrnts uThlef oper•ikn8 le• •rmntm¥rts Leaie 2021 1023 oFra9 Leaae Du• withln one Due to fve 3.750 3.7 8.750 3,750 The offKe *a8• wirns in Seoembw 2024.
15 Analysh of ¢PArl¢abl• fw 18 ofmoimonts In rnstr1¢ fvnd• Blane• •t 31 Decombar 2023 Inwnln9 Gen6rn1 Fund 24.C04 24.1 15.109 15.109 17,836 17.836 An• of mov•m•nts in rnstrl¢W fvnds ealaDc•At 31 uwy 2023 Il•¥ourc•¥ 2013 CAF 5.788 10.(0) (T2441 19,6261 12S01 (3751 1133.9581 217 Sattord CVS IA5 ESF 4,110 For HousiThJ Salfryd Pe•rf Salfcrd cvs wtr Sukwt Fund 125 13,365 1.247 19.927 141,261 144 361 158.115 153.410 24.993 Tot81 FuThJ$ 43.931 167.417 168.519 42.829
Pmlou•Y•ar Balan at 31 Docembpr Banc• at 1 Incomlng 2022 General Furtrj 67 678 10.617 10.617 12,965 12.985 Z76 276 24.IXM 24.Cw)4 N•n• of unr•#trktsd fund.. G¢n8ral Fu B•lanc• •t 31 Bn¢0 at 1 IThEIng R•sour¢ January 2022 R•soul Expfid TranJf•rn 2022 CoaekI3 Nationa1 Lottery Ruthing CommunNE¥ Awards Fof Ml Salford CVS IA8settl Forv¢v8 C(rfnmunty Fund (2.8951 122.405) 11,7791 (2.8021 {2991 1XJ9 1,153 21,252 3,736 ESF SJWor¢ Peo S•Word CVS wiw SupFtht Fd Soword GVS Salford Volunleer Grant Sglford Communrty Grant- NIF Lotlerythd Emeryew Furnl 24 120.181 1.697 250 13,365 1.247 14. 1121.S201 14501 1361 1661 18311 750 153.983 750 147288 276 19.927 Total Funds 27.024 157.905
17 N•M• of rnstrl¢t•d fvntr. D0scr4Klo n•¢ur• •rAI purp08e of tho fund CoalTh¢ld¥ Saword CVS (AettI ESF For Housir Samord Pe8rf Soknrd CVS WirtsrSuppI FuTrJ forfood. athty & parcois tMirJ¥ •¢AipunctUTE gmup & salarym p2er mentoring edtIOn. Indth fiAure d8pethb.on of£Sth) for acvty costs ttrards costs 0fth)tl atth kY8thoners & Salary costs group ofdeprNed dients 15. of nrta888ts botweon funds 2023 T<l•l Fed As%ts C•sh it bank and ITh ha Qlhgr net ¢urrenI0$8etsllliot.Irt$1 Totsl 717 23.823 717 42,720 18.897 1.(h1 17.836 fund$ 2022 T(al Fed A55ets Cash at bank •nd in harvj Other net oJrr8n'.assetsllW8blknl Tot•1 2.113 104.384 8,293 19.927 36.671 5,576 43.931 24,(M)4 18. Flrwlclal Instrum•nl Th¢ th•trty onty hasfinano81 a58ots 4nd a kir#1 thalquokfy a5 ba8kfinaTh*d iTrslnvnEnts. 68si¢ffinanci•l instruments aro initialty recognKsed on a value an(1 subseqnty rSure at theirsettkn¢ntv•lua wth th¢ exctplm ofbank loans whKh are subsequentty aSY1 at •n am¢rttsèJ ryysl using the effe interest melhod.