|||Page|Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|5|
|Independent
Examiner's|Report||||
|Statement of Financial|Activities||||
|Balance Sheet|||||
|Cash Flow Statement|||||
|Notes to the Cash Flow|Statement||10||
|Notes tothe Financial Statements||11|to|18|
|Detailed Statement of Financial Activities||19|to|20|
|Charity registration|Charity registration|Charity registration|number: 257238|number: 257238|number: 257238|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Company|registration|||number: 5105654||||||||
|Registered|Office and Operational||||address|||||||
|85 Middleton||Road||||||||||
|Manchester||||||||||||
|M8 4JY||||||||||||
|Life President:|||||Nigel Alliance OBE|||||||
|Vice Presidents:|||||Robert
I Frankl|||||||
||||||L Ronnie Levene|||||||
||||||Lillian Simons|||||||
||||||Brian White|||||||
|Chaplain:|||||Rabbi Jonathan|Guttentag||||||
|Management||Council|||L Ronnie Levene||Chairman
Executive|||Member||
||||||Michael Moore||Deputy|Chairman||||
||||||Michael
Hart||Hon Treasurer|||||
||||||Melissa Chapman||Hon Secretary|||||
||||||Philip Braunstein||Executive member|||||
||||||Margaret
Clarke||Executive member|||||
||||||Judith
Fiddler||Executive member|||||
||||||Suzanne
Kaye||Executive member|||||
||||||David Lewis||Executive member|||||
||||||Jeff Lewis||Executive member|||||
||||||Barbara Bernstein|||||||
||||||Rosalind Levene|||||||
||||||Simon Nelson|||||||
||||||Benjamin
Senior|||||||
||||||Brian White|||||||
||||||Michael White|||||||
||||||Giselle Williams|||||||
|Directors.|||||Philip Braunstein||Resigned 28 April 2023|||||
||||||Michael
Hart|||||||
||||||L Ronnie Levene|||||||
||||||Jeff Lewis|||||||
||||||Michael
Moore|||||||
||||||Brian White|||||||
|Company|Secretary:||||Philip Braunstein||Resigned 28 April 2023|||||
|Senior Management||||Team:|Michelle Wiseman||Chief Executive||- until|30 November|2022|
||||||David S Delew OBE||Chief Executive||—from|1 December|2022|
||||||Karen Grant||Centre|Manager||||
##
##
|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|DETAILS|
|---|---|---|---|
|Bankers:||||
|Barclays Bank Pic||||
|City Centre Business
P0 Box357||Office||
|51 Mosley|Street|||
|Manchester||||
|M60 2AU||||
|Solicitors:||||
|Kuits||||
|3St Mary's|Parsonage|||
|Manchester||||
|M3 2RO||||
|independent|Examiner:|||
|R Zoltie CA||||
|R Zoltie &Co||||
|Suite 17||||
|Flexspace||||
|Manchester|Road|||
|Bolton||||
|BL32NZ||||
|Investment|Advisers|||
|Rathbone|Investment|Management||
|8 Finsbury|Circus|||
|London||||
|EC2M 7AZ||||
##
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
|||Notes|fund
f|fundf|funds|fundsf|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies||2|118,748||118,748|282,036|
|Charitable
activities||5|||||
|Charitable
activities|||154,359||154,359|144,046|
|Other trading
activities
Investment
income||3
4|35,034
~29932||35,034
29,932|23,551
26,577|
|Total|||338,073||333073|476 210|
|EXPENDITURE ON|||||||
|Raising funds|||40,421||40,421|32,321|
|Charitable
activities|||||||
|Charitable
activities|||504,940|679|505,619|434,773|
|Governance||||||2,498|
|Total|||545,361|679|~546 040|469,592|
|Net gains/(losses)
on investments|||~123,771)||~123771|'112460|
|NET INCOME/(EXPENDITURE)|||(331,059)|(679)|(331,738)|119,078|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought
forward|||1,877,638|20,358|1,897,996|1,778,918|
|TOTAL FUNDS CARRIED FORWARD|||1,546,579|19,679|1,566,258|1 897996|
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restncted|Total|Total|
||||fund|fund|funds|funds|
|||Notes|5|F|6|2|
|FIXEDASSETS|||||||
|Tangible assets
Investments||13
14|553,232
~985433|19,679|572,911
985,433|598,990
~1,300724|
||||1,538,665|19,679|1,558,344|1,899,714|
|CURRENT ASSETS|||||||
|Stocks||15|320||320|320|
|Debtors||16|5,060||5,060|8,243|
|Prepayments
and|accrued income||9,165||9,165|8,340|
|Cash at bank and|in hand||9,474||9474|21,718|
||||24,019||24,019|38,621|
|CREDITORS|||||||
|Amounts
falling due within one year||17|(15,205)||(15,205)|(39,589)|
|NET CURRENT ASSETS|||8,814||8,814|968|
|TOTAL ASSETS|LESSCURRENT LIABILITIES||1,547,479|19,679|1,567,158|1,898,746|
|ACCRUALS AND|DEFERRED INCOME|18|(900)||(900)||
|NET ASSETS|||1,546,579|19,679|1,566,258|1,897,996|
|FUNDS|||||||
|Unrestricted
funds|||||1,546,579|1,877,638|
|Restricted funds|||||19,679|2 0358|
|TOTAL FUNDS|||||1,566,258|1)897QK|
##
||||2022|2021|
|---|---|---|---|---|
|||Notes|8|F|
|Cash flows from operating|activities||||
|Cash generated
from operations||1|(2 13,396)|62,792|
|Net cash (used in)/provided|by operating|activities|~213,396)|62,792|
|Cash flows from investing|activities||||
|Purchase oftangible
fixed assets|||(5,998)|(61,037)|
|Purchase
offixed asset investments|||(416,822)|(420,707)|
|Sale oftangible fixed assets|||15,630||
|Net cash drawn/(invested)|||79,418|(69,504)|
|Sale offixed asset investments|||528,924|444.625|
|Net cash provided
by/(used|in) investing|activities|201,152|~106,623)|
|Change
in cash and cash|equivalents|in|||
|the reporting
period|||(12,244)|(43,831)|
|Cash and cash equivalents|at the||||
|beginning
ofthe reporting|period||21,718|65,549|
|Cash and cash equivalents|at the end|of|||
|the reporting
period|||9,474|21,718|
##
##
|RECONCILIATION
OF N
ACTIVITIES|ET (EXPENDITURE|)/INCOME
TO NET CASH F|LOW FROM OPERATIN|G|
|---|---|---|---|---|
||||2022
8|2021f|
|Net (expenditure)/income|for the reporting|period (as per the|||
|Statement of Financial|Activities)||(331,738)|119,078|
|Adjustments
for:|||||
|Depreciation
charges|||32,077|23,764|
|Losses/(gain)
on investments|||123,771|(112,460)|
|Profit on disposal
offixed|assets||(15,630)||
|Investment
management|charges||9,941|11,283|
|Increase
in stocks||||(320)|
|Decrease/(increase)
in debtors|||2,358|(2,247)|
|(Decrease)/increase
in creditors|||~24,234|23,694|
|Net cash (used in)/provided
by operations|||(2 13,396)|62,792|
##
|ANALYSIS OF C|HANGES
IN NET FUNDS||||
|---|---|---|---|---|
|||At 1.1.22|Cash flow|At 31.12.22|
|||8|8|F|
|Net cash|||||
|Cash at bank and|in hand|21,718|(12,244)|9,474|
|||21,718|(12,244)|9,474|
|Total||21,718|(12,244)|9,474|
##
##
##
##
|DONATIONS|DONATIONS|AND LEGACIES|AND LEGACIES|- continued||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||||||||6|
|Brought|forward|||||118,748|282,036|
|||||||118748|282,036|
|OTHER|TRADING ACTIVITIES|||||||
|||||||2022|2021|
|||||||5||
|Committees,||events
& room hire||||23,590|16,870|
|Shop and merchandise|||income|||6,103|3,138|
|Sponsorships||||||125||
|Catering||||||1,512|1,677|
|Sundry|income|||||3,254|566|
|Plaques||||||450|300|
|Sensory|garden||||||1,000|
|||||||35,034|23,551|
|INVESTMENT INCOME||||||||
|||||||2022|2021f|
|Dividend|and|gilt interest||||29,932|26,577|
|INCOME FROM CHARITABLE||||ACTIVITIES||||
|||||Activity||2022
f|2021f|
|Grants||||Charitable|activities|22,468|13,772|
|Bury Metro||||'Charitable|activities|16,240|10,710|
|Fees for day||centre care||Charitable|activities|66,058|34,773|
|Soup kitchen||- meals on||||||
|wheels||||Charitable|activities|49,593|84,791|
|||||||154,359|144,046|
##
|National|Lottery Community|Fund|59,768|
|---|---|---|---|
|HSBC Trust|||f5,000|
|RFB|||85,000|
|Salford|Community||81,500|
|Parklife|||61,000|
##
##
##
|RAISING FUNDS|RAISING FUNDS||||||
|---|---|---|---|---|---|---|
|Raising donations||and|legacies||||
||||||2022
F|2021f|
|Staff costs|||||14,302|9,425|
|Marketing
and advertising
Sundry fundraising
costs|||||2,459|1,669|
||||||16,761|11,094|
|Other trading
activities|||||2022f|2021f|
|Purchases|||||3,881|2,219|
|Staff costs|||||9,838|7,725|
||||||13,719|9944|
|investment|management||costs||||
||||||2022|2021|
||||||9|9|
|Investment|management||costs||9,941|11,283|
|Aggregate|amounts||||40,421|32,321|
|CHARITABLE ACTIVITIES COSTS|||||||
||||||Support||
|||||Direct|costs (see||
|||||Costs|note 8)
f|Totals|
|Charitable|activities|||465,947|39672|505,619|
|SUPPORT COSTS|||||||
|||||||Governance|
|||||||costs|
|||||||6|
|Charitable|activities|||||39,672|
|NET INCOME/(EXPENDITURE)|||||||
|Net income/(expenditure)|||is stated after charging/(crediting):||||
||||||2022f|2021|
|Depreciation
-owned assets|||||32,077|23,764|
|Other operating
leases|||||5,240||
|Surplus
on disposal||offixed assets|||(15,630)||
##
##
##
##
##
##
|STAFF COSTS||||||||
|---|---|---|---|---|---|---|---|
|||||||2022f|2021|
|Wages and salaries
Social security costs||||||231,800
8,848|143,631
9,074|
|||||||240,648|152,705|
|The average
monthly|number of|employees||during the year was|as follows:|||
|||||||2022|2021|
|Chief Executive||||||1|1|
|Day centre and welfare
Administration
and support||||||8
3|6
2|
|||||||12||
|No employee
received emoluments|||of more|than 860,000.||||
|COMPARATIVES
FOR THE STATEMENT||||OF FINANCIAL ACTIVITIES||||
||||||Llnrestricted|Restricted|Total|
||||||fund
8|fundf|fundsf|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies|||||282,036||282,036|
|Charitable
activities||||||||
|Charitable
activities|||||14'4,046||144,046|
|Other trading
activities|||||23,551||23,551|
|Investment
income|||||26,577||26,577|
|Total|||||476,210||476,210|
|EXPENDITURE ON||||||||
|Raising funds|||||32,321||32,321|
|Charitable
activities||||||||
|Charitable
activities|||||434,094|679|434,773|
|Governance|||||2,498||2,498|
|Total|||||468,913|679|469,592|
|Net gains on investments|||||112,460||112,460|
|NET INCOME/(EXPENDITURE)|||||119,757|(679)|119,078|
|RECONCILIATION|OF FUNDS|||||||
|Total funds
brought|forward||||1,757,881|21,037|1,778,918|
##
|12.|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|-continued|||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||Restricted|Total|
||||||fund
f||fund
F|funds
f|
||TOTAL FUNDS CARRIED|||FORWARD|1,877,638||20,358|1,897,996|
|13.|TANGIBLE FIXED|ASSETS|||||||
||||||Fixtures||||
|||||Freehold|and||Motor||
|||||property|fittings||vehicles|Totals|
|||||2|6|||5|
||COST||||||||
||At 1 January
2022|||850,000|319,557||88,410|1,257,967|
||Additions||||5,998|||5,998|
||Disposals||||||~54,750)|~54,750)|
||At 31 December 2022|||~850 000|325,555||33,660|1,209,215|
||DEPRECIATION||||||||
||At 1 January 2022|||320,250|283,977||54,750|658,977|
||Charge for year
Eliminated
on disposal|||17,000|8,345||6,732
~54,750)|32,077
~54,750)|
||At 31 December 2022|||337,250|292,322||6,732|636,304|
||NET BOOK VALUE||||||||
||At 31 December 2022|||512,750|33,233||26,928|572,911|
||At 31 December 2021|||529,750|35,580||33,660|598,990|
|14.|FIXEDASSET INVESTMENTS||||||||
||||||||2022|2021|
||||||||f|6|
||Shares||||||938,027|1,225,281|
||Other||||||47,406|75,443|
||||||||985,433|1,300,724|
||Additional
information||as follows:||||||
|||||||||Listed|
|||||||||investments|
|||||||||5|
||MARKET VALUE||||||||
||At 1 January 2022|||||||1,225,281|
||Additions|||||||416,822|
||Disposals
Revaluations|||||||(528,924)
~175,I52)|
||At 31 December 2022|||||||938,027|
||NET BOOK VALUE||||||||
||At 31 December 2022|||||||938,027|
||At 31 December 2021|||||||1,225,281|
||There were no investment|||assets outside the UK.|||||
##
##
##
##
||Cost or valuation|at 31 December 2022|at 31 December 2022|is represented|by:|||
|---|---|---|---|---|---|---|---|
||Listed investments||||||5938,027|
||Investments
(neither listed nor unlisted)|||were as follows:||||
|||||||2022|2021|
|||||||f|5|
||Cash - Investment|Managers||||47,406|75,443|
|15.|STOCKS|||||||
|||||||2022|2021|
|||||||f||
||Finished goods|||||320|320|
|18.|DEBTORS: AMOUNTS
FALLING DUE|||WITHIN ONE|YEAR|||
|||||||2022|2021|
||||||||F|
||Trade debtors|||||5,060|~8243|
|17.|CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR|||||||
|||||||2022|2021|
||||||||6|
||Trade creditors|||||11,409|39,029|
||Social secudty and other||taxes|||3,252||
||Other creditors|||||544|560|
|||||||15,205|39,589|
##
##
##
##
||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||||6|F|
|Accruals and|deferred|income|||||900|750|
|MOVEMENT|IN FUNDS||||||||
||||||||Net||
||||||||movement|At|
|||||||At 1.1,22|in funds|31.12.22|
|||||||||F|
|Unrestricted|funds||||||||
|General fund||||||1,877,638|(331,059)|1,546,579|
|Restricted funds|||||||||
|The Bathing Room Fund||||||20,358|(679)|19,679|
|TOTAL FUNDS||||||1,897,996|~331,738)|~1566258|
|Net movement|in funds,||included||in the above are as follows:||||
||||||Incoming|Resources|Gams and|Movement|
||||||resources
8|expended
F|losses
8|in funds
f|
|Unrestricted|funds||||||||
|General
fund|||||338,073|(545,361)|(123,771)|(331,059)|
|Restricted funds|||||||||
|The Bathing Room Fund||||||(679)||(679)|
|TOTAL FUNDS|||||338,073|~546,040)|(123,771)|(331,738)|
|Comparatives|for movement|||in|funds||||
||||||||Net||
||||||||movement|At|
|||||||At 1.1.21|in funds|31.12.21|
|||||||f|6||
|Unrestricted|funds||||||||
|General
fund||||||1,757,881|119,757|1,877,638|
|Restricted funds|||||||||
|The Bathing|Room Fund|||||21,037|(679)|20,358|
|TOTAL FUNDS||||||1,778,918|119,078|1,897,996|
##
##
|Comparative
net movement
in funds,
i|ncluded
in the above are a|s follows:|||
|---|---|---|---|---|
||Incoming
resources|Resources
expended
F|Gains and
losses|Movement
in funds
6|
|Unrestricted
funds
General fund|476,210|(468,913)|112,460|119,757|
|Restricted funds
The Bathing Room Fund||(679)||(679)|
|TOTALFUNDS|~476 210|~469,592)|112,460|119,078|
##
|A current yea|r 12 months
and prior year 12m|onths
combined
position
is as follo|s:||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.1.21|in funds|31.12.22|
|||6|F|F|
|Unrestricted
General
fund|funds|1,757,881|(211 302)|1 546 579|
|Restricted funds
The Bathing Room Fund||21,037|(1,358)|19,679|
|TOTAL FUNDS||1,77&,918|~212,660)|1,566,258|
|A current year 12 months
and prior ye
as follows:|ar 12 months
combined
n|et movement
in f|unds,
included
in|the above ar|
|---|---|---|---|---|
||Incoming|Resources|Gains and|Movement|
||resources|expended
6|losses
6|in funds
6|
|Unrestricted
funds
General
fund|814,283|(1,014,274)|(11,311)|(211,302)|
|Restricted funds
The Bathing Room Fund||(1,358)||(1,358)|
|TOTAL FUNDS|814,283|(1,015,632)|~11,311)|212660|
##
##