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2024-03-31-accounts

Manor Collective Registered Charity Number: 1204446

Trustees Annual Report and Accounts For the year ended 31[st] March 2024

Manor Collective CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31[st] March 2024

Page
Report of the Trustees 1 to 3
Receipts and Payments 4
Statement of Assets and Liabilities 5
Notes to the Accounts 6

Manor Collective

TRUSTES ANNUAL REPORT for the year ended 31[st] March 2024

The trustees present their report and accounts for the year ended 31st March 2024. The trustees have opted, under section 133 of the Charities Act 2011 (‘the Charities Act’), to prepare receipts and payments accounts

Introduction

This has been an exciting first year for Manor Collective! As a new charity, we’ve focused on establishing strong foundations and delivering activities that align with our mission. We’re proud of what we’ve achieved so far and grateful for the support that has made this possible.

Objectives and Aims

  1. The advancement of the Christian religion in the United Kingdom and throughout the world, in particular but not exclusively by:

  2. I. The writing and recording of worship music and live performances which promote the Christian faith and its values.

  3. II. Delivering workshops and leadership training to equip young individuals with the necessary skills, knowledge, and spiritual foundation to lead worship effectively in Christian settings.

Summary of main activities

In our first few months, we’ve been busy establishing ourselves and starting to make an impact:

Reserves and Future Projects

We are committed to using our reserves responsibly to ensure they support and expand our charitable work. In the coming year, these funds will be directed towards:

The reserves provide us with a stable foundation to plan and deliver these projects effectively; while also ensuring we are prepared for any unforeseen challenges.

Spending Decisions

Every decision about spending is made with our mission in mind. We prioritise activities that directly further our charitable aims, such as workshops and music production, while ensuring we remain financially sustainable.

Governance and Oversight

Manor Collective was established as a charitable incorporated organisation in August 2023. We are governed by a board of trustees who meet regularly to oversee the charity’s work and finances. They are responsible for ensuring that all activities align with our objectives and serve the public benefit.

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Manor Collective

TRUSTES ANNUAL REPORT for the year ended 31[st] March 2024

Looking Ahead

Looking to the future, we are excited about expanding our activities. We plan to produce more worship music, host additional training sessions, and grow our reach within Christian communities. With the support of our donors and partners, we are optimistic about the impact we can achieve together.

Public benefit

The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or “aims” that are for the public benefit. Details of how the Charity has achieved this are provided in the Trustees’ report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the Charity should undertake.

Financial review

This is the first year of the charity. Income for the year was £14,419 (PY £0), and expenditure was £8,359 (PY: £0) leaving a surplus for the year of £6,060 (PY: £0)

Unrestricted cash reserves held at the year-end amounted to £6,060 (PY £0)

Thank You

We extend our heartfelt thanks to everyone who has supported Manor Collective during this first year. Your generosity and encouragement inspire us to continue growing and making a difference.

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Manor Collective

TRUSTES ANNUAL REPORT for the year ended 31[st] March 2024

Structure, Governance and Management Governing document

Manor Collective is a charitable incorporated organisation constituted 2nd August 2023.

The board of trustees meet regularly to discuss the work of Manor Collective. New trustees are elected by the existing trustees to the board after nomination and interview.

Financial reports are presented to the board. Minutes of each meeting are taken and subsequently distributed.

Reference and Administration Details Registered name

Manor Colective

Registered Charity number 1204446

Principal address

14 PRESTON STREET BRIGHTON BN1 2HN

Trustees Name Position Appointments/Resignations Rafiya Bhaiyat 20[th] August 2023 James Antony Clarry 20[th] August 2023 William James 2[nd] August 2023

Approved by the board of trustees on 31 December 2024 and signed on its behalf by:

_______ Rafiya Bhaiyat

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Manor Collective

RECEIPTS AND PAYMENTS for the Year ended 31[st] March 2024

Notes
Receipts
Gifts and donations
2
Royalties
3
Total receipts
Payments
Promotion/ Advertising
Staff
Training / Retreats / Workshops
Computer costs
Production costs
Total payments
Net receipts / (payments)
Reconciliation of funds
Transfer between funds
Total Funds brought forward
Total Funds carried forward
Unrestricted
funds
Restricted
funds
£
£
13,539
880
0
14,419
0
4,740
0
288
2,495
7
829
8,359
0
6,060
0
0
0
6,060
0
2023
2022
Total
Total
£
£
13,539
0
880
0
14,419
0
4,740
0
288
2,495
7
829
8,359
0
6,060
0
0
0
6,060
0

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Manor Collective

STATEMENT OF ASSETS AND LIABILITIES At 31[st] December 2023

Fixed Assets
Current Assets
Debtors
Cash at bank
Current Liabilities
Creditors
Total Assets less Liabilities
Funds
Unrestricted income funds
Total funds
Unrestricted
funds
Restricted
funds
£
£
0
0
0
0
6,060
0
0
0
6,060
0
0
6,060
0
2023
2022
Total
Total
£
£
0
0
0
0
6,060
0
0
0
6,060
0
0
6,060
0

The financial statements were approved by the board of trustees on 31 December 2024 and signed on its behalf by:

_______ Rafiya Bhaiyat

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Manor Collective

1. Accounting Policies

Basis of preparing the financial statements and assessment of going concern

These accounts have been prepared on a receipts and payments basis as permitted by law for smaller charities.

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

2. Movement in Funds
Balance Income Expenditure Transfers Balance
2nd Aug 2023 31st Mar 2024
General Fund 0 14,419 (8,359) 0 6,060
Total Funds 0 14,419 (8,359) 0 6,060

3. Trustee remuneration and benefits

None of the trustees have been paid any remuneration or received any benefits from an employment with the charity or a related entity.

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