# # ## |PAGE NUMBER|CONTENTS| |---|---| |1 - 9|TRUSTEES ANNUAL REPORT| |10|INDEPENDENT EXAMINERS REPORT| |11|STATEMENT OF FINANCIAL ACTIVITIES| |12|BALANCE SHEET| |13|STATEMENT OF CASH FLOWS| |14-22|NOTES TO THE ACCOUNTS| ## ## ## |Sajid Hashmi MBE Chair
(resigned March 2021)| |---| |Andy Hazeldine
Vice Chair & HR Sub Committee, appointed VCFA Chair from lApril| |2021| |Vicky Maloney
Vice Chair & HR Sub Committee| |Jill LoganTreasurer and Chair of Finance Sub Committee| |Tanveer Ahmed
Finance Sub Committee| |Hayley Summers
(resigned March 2021)| |Karen Richardson
HR Sub Committee
(resigned March 2021)| |Mark Cunningham| |Clare Fordham
HR Sub Committee
(appointed Sept 2020)| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Total Funds|Total Funds||Total Funds| |---|---|---|---|---|---|---| ||||Year Ended|||Period 14| |||Unrestricted|Restricted|31 March|**February 2019 to**|| |||**Funds**|**Funds**|**2021**|**31 March 2020**|| ||**Further Details£ **||**£**|**£**||£| |Income**from:**||||||| |Donations and legacies|(3)|545|3,215|3,760||882| |Charitable Activities|(4)|1,117|590,522|591,639||842,921| |Other Trading Activities|(5)|160||160||581| |Bank Interest||173||173||1,283| |**Total**||1,995|593,737|595,732||845,667| |**Expenditure on:**||||||| |Raising Funds|(6)|466|418|884||7,436| |Charitable Activities|(6)|39,199|481,393|520,592||404,262| |Other|(6)|100|-|100||29| |**Total**||39,765|481,811|521,576||411,727| |Net gains/(losses) on investments||25,239|-|25,239||| |**Net income/(expenditure)**||(12,531)|111,926|99,395||433,940| |Transfers between funds|(17)|(3,236)|3,236|||| |**Net**movement in**funds**||(15,767)|115,162|99,395||433,940| |**Reconciliation of funds**||||||| |Funds brought forward|(17)|343,250|314,305|657,555||| |Transfer from previous organisation|(17)|||||223,615| |**Total funds carried forward**|(17)|327,483|429,467|756,950||657,555| ## |||**2021**|**2020**| |---|---|---|---| ||Notes|£|£| |Fixed**assets:**|||| |Tangible assets|(11)|6,909|2,902| |Fixed Asset investments|(11)|225,239|200,000| |Total fixed assets||232,148|202,902| |Current assets:|||| |Stocks|(12)||-| |Debtors|(13)|76,265|323,012| |Cash at Bank & in Hand||467,852|348,416| |Total current assets||544,117|671,428| |Liabilities:|||| |Creditors: Amounts falling due within one year|(14)|19,315|216,775| |Net current assets or liabilities||524,802|454,653| |Total assets less current liabilities||756,950|657,555| |Creditors: Amounts falling due after more than one year|(16)||| |Provisions for liabilities|||| |**Total net assets or**liabilities||756,950|657,555| |**The funds of the organisation:**|||| |Restricted income funds|(17)|429,467|314,305| |Unrestricted income funds|(17)|327,483|343,250| |Total organisation funds||756,950|657,555| ## |||||**Period 14**| |---|---|---|---|---| |||||**February**| ||**Year Ended 31**|||**2019 to 31**| ||**March**||**2021**|**March 2020**| |||£||£| |Net cash**used**in operating activities||127,566||327,996| |Cash flows from**investment**activities:||||| |Interest|||173|1,283| |Transfer to Investments||||(200,000)| |Purchase of fixed assets|||(8,303)|(2,847)| |**Net**cash provided by**investing**activities|||(8,130)|(201,564)| |Increase/(decrease) in cash and cash equivalents during the year||119,436||126,432| |Transfer from previous organisation||||221,984| |Cash and cash equivalents brought forward||348,416||| |Cash and cash equivalents carried forward||**467,852**||**348,416**| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |3.Donations and Legacies||||||| |---|---|---|---|---|---|---| ||Unrestricted||Restricted|**Total Funds**||**Total Funds**| |||||||Period**14**| ||||**Year**Ended|||**February**| ||**Year**Ended 31||31 March|Year Ended 31||**2019**to 31| ||**March**|**2021**|**2021**|**March**|**2021**|**March 2020**| ||£||£|£||£| |Donations||545|3,215||3,760|882| |||545|3,215||3,760|882| |Previous reporting period||312|570||882|| ## |**4.Income from**charitable activities||||||| |---|---|---|---|---|---|---| ||Unrestricted||Restricted|Total**Funds**||**Total Funds**| |||||||**Period 14**| ||||**Year**Ended|||February| ||**Year Ended 31**||31 March|Year Ended 31||**2019**to**31**| ||**March 2021**||**2021**|**March**|**2021**|**March 2020**| ||£||£|£||£| |Unrestricted grants:||||||| |Bury MBC||500|-||500|250,000| |Action Together||117|-||117|-| |Bolton CVS||500|-||500|-| |Restricted grants:||||||| |African HP Network|||4,000||4,000|-| |Awards for All|||-|||9,240| |Bury GP Federation|||9,600||9,600|-| |Bury Involvement Group|||8,306||8,306|-| |Bury Primary Care Network||-|21,205||21,205|-| |Bury MBC Social Prescribing|||200,000|200,000||200,000| |Bury MBC Brexit Readiness||||||30,000| |Fairfield Group Practice|||28,694||28,694|10,500| |Forever Manchester|||16,764||16,764|-| |Forever Manchester Volunteers|||4,977||4,977|| |GMCA|||3,000||3,000|-| |Greater Manchester Sports Partnership|||-||-|7,285| |NHS Bury CCG Handy Person Scheme|||-||-|77,500| |Horizons Primary Care Network|||60,220||60,220|10,500| |Knowsley Medical Centre||-|21,705||21,705|10,757| |Bury MBC Let's Get Radcliffe Moving|||-|||11,500| |LGBT Consortium|||-|||1,850| |National Lottery Community Fund|||48,350||48,350|-| |NAVCA||-|3,000||3,000|-| |NHS Bury CCG LWBC|||-|||8,628| |NHS Bolton CCG PCCA||-|-|||30,000| |Bury MBC Rough Sleepers Project|||28,315||28,315|10,354| |Unsworth Medical Centre||-|24,120||24,120|9,507| |Workers Educational Association|||8,266||8,266|| |Bury MBC Suicide Prevention|||||-|10,900| |Bury MBC Standing Together|||100,000|100,000||154,400| |||1,117|590,522|591,639||842,921| |Previous reporting period|250,000||592,921|842,921||| |**5.Income**from other trading activities||||||| ||Unrestricted||Restricted|**Total Funds**||**Total Funds**| |||||||Period**14**| ||||**Year Ended**|||February| ||**Year**Ended 31||**31 March**|**Year Ended 31**||**2019 to 31**| ||**March**|**2021**|**2021**|**March 2021**||March**2020**| ||£||£|£||£| |Training and other income||160|||160|581| |||160|-||160|581| |Previous reporting period||581|||581|581| ## |6. Expenditure|||||| |---|---|---|---|---|---| |||||**Period 14**|| ||**Community**|||**February**|| ||**Engagement**|**Year**Ended 31||**2019 to 31**|| ||**in**Bury|March|2021|**March**|**2020**| ||£|£||£|| |**Expenditure on**raising funds:|||||| |Website|-|||2,505|| |Publicity|884||884|2,882|| |Database|-|||2.049|| ||884||884|7,436|| |**Expenditure on charitable activities:**|||||| |Employment Costs|299,483|299,483||159,136|| |Distribution of Grants|162,324|162,324||170,969|| |Consultancy Fees|5,000||5,000||-| |Bad Debts|10||10||-| |Refreshments|-||||433| |Training|2,219||2,219||5,129| |Travel Costs|1,020||1,020||1,851| |Volunteer Expenses|1,876||1,876||89| |Equipment|685||685||7,204| |Bank Charges|72||72||90| |Supervision|1,317||1,317||330| |Rent|3,000||3,000||3,839| |Room Hire|38||38||1,896| |Subscriptions|420||420||522| |Heat and Light|8,113||8,113||5,395| |Cleaning|2,978||2,978||1,968| |Repairs & Maintenance|2,800||2,800||3,266| |Loan Equipment|-||||1,190| |IT Support Costs|10,628||10,628|30,194|| |Insurance|1,335||1,335||732| |Telephone Costs|4,059||4,059||2,924| |Governance|5,327||5,327||2,060| |Post, Printing & Stationery|3,592||3,592||3,469| |Depreciation|4,296||4,296||1,576| ||520,592|520,592||404,262|| |**Other**expenditure:|||||| |Sundry|100||100||29| ||100||100||29| ||521,576|521,576||411,727|| |Unrestricted funds|||39,765|126,960|| |Restricted funds||481,811||284,767|| ||||521,576|411,727|| ## ## |below:||||| |---|---|---|---|---| ||**General Support**|**Governance**|Total|Basis of**apportionment**| |Payroll Bureau Fees|1,311||1,311|type of expense| |HR Fees|3,034||3,034|type of expense| |Accountancy Support|112||112|type of expense| |Accountancy Fees||870|870|type of expense| ||4,457|870|5,327|| ## |9. Analysis**of**staff costs||| |---|---|---| |||Period**14**| |||**February**| ||**Year Ended 31**|**2019 to**31| ||**March 2021**|**March 2020**| ||£|£| |Wages and Salaries|276,932|149,490| |Redundancy||| |Social Security Costs|17,671|7,896| |Pension Costs|4,880|1,750| ||299,483|159,136| |Support costs||| |Charitable activities|299,483|159,136| ||299,483|159,136| ## ## |_II._Tangible Fixed Assets||||| |---|---|---|---|---| ||Fixtures &|||| ||Fittings|Equipment||**Total**| |**Cost**|£|£||£| |At 01 April 2020|1,789||3,386|5,175| |Additions|585||7,718|8,303| |At 31 March 2021|2,374||11,104|13,478| |Depreciation||||| |At 01 April 2020|683||1,590|2,273| |Charge for Period|594||3,702|4,296| |At 31 March 2021|1,277||5,292|6,569| |NET BOOK VALUE||||| |At 31 March 2021|1,097||5,812|6,909| |At 31 March 2020|1,106||1,796|2,902| |**Fixed Assets Investments**||||| |||**2021**||**2020**| |||£||£| |Valuation at 01.04.20||200,000||-| |Additions||||200,000| |Unrealised Gains/(Losses)|||25,239|-| |Realised Gains||||| |Valuation at 31.03.21||225,239||200,000| |12.Stocks||||| |The organisation does not hold stocks of any items.||||| |13.Analysis of debtors||||| |||**2021**||**2020**| |||£||£| |Debtors|||72,968|303,333| |Prepayments|||3,297|19,679| ||||76,265|323,012| ## |**14.Creditors: amounts falling due within one year**||| |---|---|---| ||**2021**|**2020**| ||£|£| |Other creditors and accruals|9,112|11,512| |Holiday Pay accrual|3,810|-| |Deferred income|-|200,000| |Taxation and Social Security|6,393|5,263| ||19,315|216,775| |15.Deferred income||| |Deferred income comprises grants received in advance.||| |At 01 April 2020|200,000|| |Amount released to income earned from charitable activities|(200,000)|| |Amount deferred in year||| |Balance at 31 March 2021||| |**16.Creditors: amounts falling due after more than one year**||| ||**2021**|**2020**| ||£|£| ## |`Analysis of movements in unrestricted funds`||| |---|---|---| ||**`Balance at 01`**
**`Incoming`**
**`Resources`**
**`Balance at 31`**|| ||**`April 2020`**
**`Resources`**
**`Expended`**
**`Transfers`**
**`March 2021`**|| |||`£`
`£`
`£`
`£`
`£`| |`General Fund`||`143,250`
`27,234`
`(39,765)`
`(73,236)`
`57,483`| |`Designated Funds`||`200,000`
`70,000`
`270,000`| |||`343,250`
`27,234`
`(39,765)`
`(3,236)`
`327,483`| |`Previous reporting period`||| ||`Transferred`|| ||**`from`**|**`Previous`**
**`Incoming`**
**`Resources`**
**`Balance at 31`**| ||`organisation`
`Resources`
`Expended`
`Transfers`
`March 2020`|| |||`£`
`£`
`£`
`£`
`£`| |`General Fund`||`18,615`
`252,176`
`(126,960)`
`(581)`
`143,250`| |`Designated Funds`||`200,000`
`-`
`-`
`200,000`| |||`218,615`
`252,176`
`(126,960)`
`(581)`
`343,250`| |**`Name of`**`unrestricted fund:`|`Description, nature and purpose of the fund`|| |`General Fund`|`The "free reserves" after allowing for all designated funds`|| |`Designated Funds`|`For future office move, sustainability and systems upgrades`|| |`Analysis of movements in restricted`**`funds`**||| ||`Balance at 01`
`Incoming`
**`Resources`**
**`Balance at 31`**|| ||**`April`**`2020`
`Resources`
`Expended`
`Transfers`
**`March 2021`**|| |`African HP Network`||`-`
`4,000`
`(4,000)`| |`Awards for All`||`7,913`
`(211)`
`(7,279)`
`423`| |`Bury GP Federation`||`-`
`9,600`
`(9,600)`
`-`| |`Bury Involvement Group`||`-`
`8,306`
`(447)`
`-`
`7,859`| |`Bury Primary Care Network`||`-`
`21,205`
`(17,453)`
`3,752`| |`Bury MBC Social Prescribing`||`138,732`
`200,000`
`(109,171)`
`9,600`
`239,161`| |`Bury MBC Brexit Readiness`||`21,900`
`(21,900)`| |`Restricted Donations`||`694`
`-`
`445`
`1,139`| |`Bury Community Support Network`||`-`
`3,215`
`-`
`3,000`
`6,215`| |`Fairfield Group Practice`||`-`
`28,694`
`(26,499)`
`2,195`| |`Forever Manchester`||`-`
`16,764`
`(12,359)`
`4,405`| |`Forever Manchester Volunteers`||`-`
`4,977`
`-`
`4,977`| |`GMCA`||`3,000`
`-`
`(3,000)`
`-`| |`Greater Manchester Sports Partnership`||`6,285`
`(6,285)`
`-`
`-`| |`NHS Bury CCG Handy Person Scheme`||`60,063`
`(19,000)`
`41,063`| |`Horizons Primary Care Network`||`60,220`
`(54,888)`
`-`
`5,332`| |`Knowsley Medical Centre`||`21,705`
`(21,705)`
`-`| |`Bury MBC Let's Get Radcliffe Moving`||`10,500`
`(3,300)`
`-`
`7,200`| |`National Lottery Community Fund`||`-`
`48,350`
`(10,094)`
`470`
`38,726`| |`NAVCA`||`3,000`
`3,000`| |`NHS Bury CCG LWBC`||`8,626`
`-`
`-`
`8,628`| |`NHS Bolton CCG PCCA`||`5,000`
`-`
`(5,000)`| |`Bury MBC Rough Sleepers Project`||`634`
`28,315`
`(24,830)`
`4,119`| |`Unsworth Medical Centre`||`248`
`24,120`
`(22,434)`
`-`
`1,934`| |`Workers Educational Association`||`-`
`8,266`
`(7,928)`
`338`| |`Bury MBC Suicide Prevention`||`6,252`
`(6,213)`
`-`
`39`| |`Bury MBC Standing Together`||`47,456`
`100,000`
`(98,494)`
`-`
`48,962`| |||`314,305`
`593,737`
`(481,811)`
`3,236`
`429,467`| |**Analysis of movements in restricted funds**
Previous reporting period|||||**21**| |---|---|---|---|---|---| ||Transferred||||| ||from Previous|Incoming|**Resources**||Balance**at 31**| ||organisation|Resources|**Expended**|Transfers|**March 2020**| |Awards for All||9,240|(1,327)||7,913| |Bury MBC Social Prescribing||200,000|(61,268)|-|138,732| |Bury MBC Brexit Readiness||30,000|(8,100)||21,900| |Restricted Donations||570||124|694| |Fairfield Group Practice||10,500|(10,712)|212|| |Greater Manchester Sports Partnership||7,285|(1,000)|-|6,285| |NHS Bury CCG Handy Person Scheme||77,500|(17,437)|-|60,063| |Horizons Primary Care Network||10,500|(10,615)|115|| |Knowsley Medical Centre||10,757|(10,887)|130|| |Bury MBC Lets Get Radcliffe Moving||11,500|(1,000)||10,500| |LGBT Consortium||1,850|(1,850)||| |NHS Bury CCG LWBC||8,628|||8,628| |NHS Bolton CCG PCCA||30,000|(25,000)||5,000| |Bury MBC Rough Sleepers Project||10,354|(9,720)||634| |Unsworth Medical Centre||9,507|(9,259)||248| |Bury MBC Suicide Prevention||10,900|(4,648)||6,252| |Bury MBC Standing Together|5,000|154,400|(111,944)||47,456| ||5,000|593,491|(284,767)|581|314,305| ## ## ||Unrestricted|Designated|Restricted|| |---|---|---|---|---| ||funds|**funds**|**funds**|Total**2021**| ||£|£|£|£| |Tangible Fixed assets|1.995||4,914|6,909| |Investments|225,239|-||225,239| |Cash at bank and in hand|(150,998)|270,000|348,850|467,852| |Other net current assets/(liabilities)|(18,753)|-|75,703|56,950| |Creditors of more than one year||||-| |Total|57,483|270,000|429,467|756,950| |Previous reporting period||||| ||Unrestricted|Designated|Restricted|| ||funds|funds|funds|**Total 2020**| ||£|£|£|£| |Tangible Fixed assets|2,268||634|2,902| |Investments|200,000|||200,000| |Cash at bank and in hand|(53,376)|200,000|201,792|348,416| |Other net current assets/(liabilities)|(5,642)|-|111,879|106,237| |Creditors of more than one year||||| |Total|143,250|200,000|314,305|657,555| ## ## |**20.Reconciliation**of net**movement in funds to**net cash flow fro|m operating activities|| |---|---|---| |||Period**14**| |||**February**| ||Year**Ended 31**|**2019**to**31**| ||**March 2021**|**March 2020**| ||£|£| |Net movement in funds|99,395|433,940| |Add back depreciation|4,296|1,576| |Deduct investment income|(173)|(1,283)| |Deduct gains/add back losses on investments|(25,239)|| |Decrease/(increase) in stocks||| |Decrease/(increase) in debtors|246,747|(323,012)| |increase/(decrease) in creditors|(197,460)|216,775| |**Net**cash used**in**operating activities|127,566|327,996|