Charity number: 294691
The Manna Society
Unaudited
Management committee's report and financial statements
for the year ended 31 March 2025
The Manna Society
Contents
| Page | |
|---|---|
| Reference and administrative details of the charity, its trustees and advisers | 1 |
| Management committee's report | 2 - 4 |
| Independent examiner's report | 5 - 6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 |
| Statement of cash flows | 9 |
| Notes to the financial statements | 10 - 21 |
The Manna Society
Reference and administrative details of the charity, its trustees and advisers for the year ended 31 March 2025
Management committee
Bill Dodwell, Treasurer Nannette Ffrench, Founder Cha Power Donna Miller, Secretary Kendra Schneller, Chair Silke Junge-Woodward William Curran (appointed 25 September 2024)
Charity registered number
294691
Principal office
12 Melior Street London SE1 3QP
Accountants
Kreston Reeves LLP Chartered Accountants Second Floor 168 Shoreditch High Street London E1 6RA
Bankers
The Co-operative Bank PO Box 250 Skelmersdale WN8 6WT
Page 1
The Manna Society
Management committee's report for the year ended 31 March 2025
The Management committee present their annual report together with the financial statements for the year ended 31 March 2025. The Management committee confirm that the annual report and financial statements of the Charity comply with current statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective January 2019).
Objectives and Activities
Policies and objectives
The principal object of the charity is to provide relief to poor persons who are homeless and/or unemployed by the provision of food, advice and other forms of Christian care with the object of promoting the physical, mental and spiritual welfare of such persons and of improving their conditions of life.
In setting objectives and planning for activities, the Management committee have given due consideration to general guidance published by the Charity Commission relating to public benefit and in particular to its supplementary public benefit guidance on the prevention or relief of poverty.
Activities for achieving objectives
The Manna Day Centre is operated to provide a range of practical services for those in need. These services include breakfast and lunch, showers, clothing, housing and welfare advice, medical services and access to computers.
Structure, governance and management
Constitution
The constitution was adopted on 30 May 1986.
There have been no changes in the objectives since the last annual report.
Method of appointment or election of Management committee
The management of the charity is the responsibility of the Management committee who are elected and coopted under the terms of the Trust deed.
Policies adopted for the induction and training of Management committee
We invite people with the relevant skills and with an interest in the aims of the Society to join the Management committee.
Organisational structure and decision making
The Trustees make all necessary decisions at their bi-monthly meetings. The day to day running of the charity is conducted by the director and the team.
Risk management
The Management committee have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity and are satisfied that systems are in place to mitigate our exposure to the major risks.
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The Manna Society
Management committee's report (continued) for the year ended 31 March 2025
Achievements and performance
Review of activities
During the year the charity has appealed to churches, schools, individuals, businesses and trusts for donations towards necessary monthly expenses and to cover additional costs involved in maintaining the leasehold buildings.
The charity has received legacies of £55,200 (2024: £4,596) during the year.
The charity continues to provide support for all homeless and/or unemployed persons regardless of age, sex or religion. The Management Committee adopted a policy in relation to the 'Black Lives Matter' issue in March 2021.
The Centre welcomes around 120 people every day, more than half of them homeless. It is open seven days a week and serves around 840 meals every week. As well as providing hot food and a place to rest during the day, the Centre also offers showers, clothing, access to medical care and advice on housing and welfare. The charity also offers individuals help with deposits for housing rentals.
Summary of Services:
We are open 7 days a week and provide food, shower & washing facilities, housing & welfare advice, medical care, access to computers and clothing. There is no charge for any of our services.
Key financial performance indicators
We aim to have enough resources to cover a minimum of 6 months overheads, which mainly consists of salaries and property costs.
Going concern
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.
Investment policy and performance
The charity's reserves are kept in low risk, high interest-bearing bank accounts.
Financial review
Principal risks and uncertainties
The main risk is due to the uncertainty in budgeting for ongoing funding as we are dependent on voluntary contributions, as the charity has been for the 43 years it has been in existence.
Reserves policy
The Trustees aim to maintain the level of reserves at a level equivalent to not less than six months of normal expenditure. This would amount to approximately £250,000, with the balance to be spent on charitable activities over the coming years.
The total funds held as at the year end were £484,998 (2024: £375,471), of which £19,804 (2024: £20,015) were restricted funds and £3,399 (2024: £3,831) were designated funds.
Future developments
The Trustees have budgeted for a deficit in 2025-26 due to an expected decrease in funding. The current level
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The Manna Society
Independent examiner's report for the year ended 31 March 2025
Independent examiner's report to the Management committee of The Manna Society (the 'charity')
I report to the charity Management committee on my examination of the accounts of the charity for the year ended 31 March 2025.
This report is made solely to the charity's Management committee, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's Management committee those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Management committee as a body, for my work or for this report.
Responsibilities and basis of report
As the Management committee of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England & Wales, which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2019.
I have completed my examination. I can confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
-
the accounts do not accord with those records; or
Page 5
The Manna Society
Independent examiner's report (continued) for the year ended 31 March 2025
- the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Signed: Dated: 13 October 2025
Lucy Hammond BSc FCA
Kreston Reeves LLP
Chartered Accountants
Second Floor 168 Shoreditch High Street London E1 6RA
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The Manna Society
Statement of financial activities for the year ended 31 March 2025
| Note Income from: Donations and legacies 2 Investments 3 Total income Expenditure on: Raising funds 5 Charitable activities 8 Total expenditure 4 Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Restricted funds Unrestricted funds 2025 £ 2025 £ 66,146 602,952 - 16,387 66,146 619,339 - 7,476 66,357 502,125 66,357 509,601 (211) 109,738 20,015 355,456 19,804 465,194 |
Total funds 2025 £ 669,098 16,387 685,485 7,476 568,482 575,958 109,527 375,471 484,998 |
Total funds 2024 £ 400,466 9,259 409,725 7,162 577,135 584,297 (174,572) 550,043 375,471 |
|---|---|---|---|
The notes on pages 10 to 21 form part of these financial statements.
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The Manna Society
| Balance sheet as at 31 March 2025 Note Fixed assets Tangible assets 11 Current assets Debtors 12 Investments 13 Cash at bank and in hand Creditors:amounts falling due within one year 14 Net current assets Net assets Charity Funds Restricted funds 18 Unrestricted funds 18 Total funds |
£ 68,856 314,473 107,412 490,741 (18,495) |
2025 £ 12,752 472,246 484,998 19,804 465,194 484,998 |
£ 31,251 165,000 213,079 409,330 (48,566) |
2024 £ 14,707 360,764 |
|---|---|---|---|---|
| 375,471 | ||||
| 20,015 355,456 375,471 |
The financial statements were approved by the Management committee on 23/09/2025 and signed on their behalf, by:
Bill Dodwell, Treasurer
The notes on pages 10 to 21 form part of these financial statements.
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The Manna Society
Statement of cash flows for the year ended 31 March 2025
| Note Cash flows from operating activities Net cash provided by/(used in) operating activities 15 Cash flows from investing activities: Interest from investments Purchase of tangible fixed assets Purchase of investments Net cash used in investing activities Change in cash and cash equivalents in the year Cash and cash equivalents brought forward Cash and cash equivalents carried forward 16 |
2025 £ 32,884 16,387 (5,465) (149,473) (138,551) (105,667) 213,079 107,412 |
2024 £ (98,979) 9,259 (10,399) (213) (1,353) (100,332) 313,411 213,079 |
|---|---|---|
The notes on pages 10 to 21 form part of these financial statements.
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The Manna Society
Notes to the financial statements for the year ended 31 March 2025
1. Accounting policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 and Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and Charities Act 2011.
The Manna Society constitutes a public benefit entity as defined by FRS 102.
1.2 Judgements in applying accounting policies and key sources of estimation uncertainty
Depreciation is charged all on fixed assets at a rate to write off the cost of the fixed asset over its expected useful life, reflecting the expected pattern of benefit consumption. The useful life of all fixed assets has been set at four years. No residual values have been determined for any fixed asset.
Donated assets have been included within donations and legacies at the value the Trustees believe would be the cost incurred to buy the equivalent assets in an arms length transaction between knowledgeable and willing parties.
1.3 Going concern
The financial statements have been based on the expectation of the Charity continuing as a going concern for the next 12 months. The Trustees believe that there are no uncertainties regarding the accounts being prepared on a going concern basis.
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The Manna Society
Notes to the financial statements for the year ended 31 March 2025
1. Accounting policies (continued)
1.4 Income
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.
Donated services or facilities are recognised when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of the Friends is not recognised and refer to the Management committee's report for more information about their contribution.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.
Charitable activities and Governance costs are costs incurred on the charity's educational operations, including support costs and costs relating to the governance of the charity apportioned to charitable activities.
All expenditure is inclusive of irrecoverable VAT.
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The Manna Society
Notes to the financial statements for the year ended 31 March 2025
1. Accounting policies (continued)
1.6 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Management committee in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
1.7 Tangible fixed assets and depreciation
All assets costing more than £1,000 are capitalised.
A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the Statement of financial activities.
Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
- Fixtures & fittings 25% - 50% straight line - Computer equipment 25% straight line
1.8 Investments
IInvestments are stated at market value at the balance sheet date. The Statement of Financial Activities includes the net gains and losses arising on revaluations and disposals throughout the year.
1.9 Operating leases
Rentals under operating leases are charged to the Statement of financial activities on a straight line basis over the lease term.
1.10 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank or Building Society.
1.11 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
1.12 Cash at Bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
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The Manna Society
Notes to the financial statements for the year ended 31 March 2025
1. Accounting policies (continued)
1.13 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.
1.14 Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
1.15 Pensions
The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year.
2. Income from donations and legacies
| Donations Legacies Grants Total donations and legacies Total 2024 Investment income Bank or building society interest Total 2024 |
Restricted funds Unrestricted funds 2025 £ 2025 £ 5,498 547,752 - 55,200 60,648 - 66,146 602,952 66,540 333,926 Restricted funds Unrestricted funds 2025 £ 2025 £ - 16,387 - 9,259 |
Total funds 2025 £ 553,250 55,200 60,648 669,098 400,466 Total funds 2025 £ 16,387 9,259 |
Total funds 2024 £ 337,470 4,596 58,400 |
|---|---|---|---|
| 400,466 | |||
| Total funds 2024 £ 9,259 |
|||
3. Investment income
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The Manna Society
Notes to the financial statements for the year ended 31 March 2025
4. Analysis of Expenditure by expenditure type
| Costs of raising funds: Expenditure on raising voluntary income Subtotal costs of raising funds Charitable activities: Cost of running the centre Expenditure on governance Total 2024 |
Staff costs Depreciation Other costs 2025 £ 2025 £ 2025 £ 7,476 - - 7,476 - - 392,813 7,420 163,527 - - 4,722 400,289 7,420 168,249 383,616 8,759 191,922 |
Total 2025 £ 7,476 7,476 563,760 4,722 575,958 584,297 |
Total 2024 £ 7,162 7,162 573,955 3,180 584,297 |
|---|---|---|---|
5. Expenditure on raising voluntary income
| Wages and salaries National insurance Pension cost Total 2024 |
Restricted funds Unrestricted funds 2025 £ 2025 £ - 5,943 - 569 - 964 - 7,476 - 7,162 |
Total funds 2025 £ 5,943 569 964 7,476 7,162 |
Total funds 2024 £ 5,714 538 910 7,162 |
|---|---|---|---|
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The Manna Society
Notes to the financial statements for the year ended 31 March 2025
6. Direct costs
| Cost of running the centre £ Premises 57,494 Food 43,091 Volunteers 6,493 Travel 1,719 Printing, post and stationery 282 Utilities 25,045 Computer expenses 3,174 Donations 580 Insurance 2,945 Clothing 319 Wages and salaries 318,305 National insurance 25,428 Pension cost 9,587 494,462 Total 2024 500,544 |
Total 2025 £ 57,494 43,091 6,493 1,719 282 25,045 3,174 580 2,945 319 318,305 25,428 9,587 494,462 500,544 |
Total 2024 £ 61,567 41,712 5,697 615 - 45,248 2,727 - - 3,397 306,340 24,462 8,779 500,544 |
|---|---|---|
Included within direct costs is expenditure from restricted funds of £66,357 (2024: £69,863).
7. Support costs
| Cost of running the centre £ Telephone 1,249 Printing, post and stationery 15 Training 199 Bank charges 637 Sundry expenses 5,221 Repairs 15,064 Wages and salaries 35,771 National insurance 2,276 Pension cost 1,446 Depreciation 7,420 69,298 Total 2024 73,411 |
Total 2025 £ 1,249 15 199 637 5,221 15,064 35,771 2,276 1,446 7,420 69,298 73,411 |
Total 2024 £ 1,159 27 - 636 6,921 19,036 33,357 2,150 1,366 8,759 73,411 |
|---|---|---|
All expenditure on support costs in 2025 and 2024 was from unrestricted funds.
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The Manna Society
Notes to the financial statements for the year ended 31 March 2025
8. Governance costs
| Governance costs | ||||
|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | |
| funds | funds | funds | funds | |
| 2025 | 2025 | 2025 | 2024 | |
| £ | £ | £ | £ | |
| Independent examiner's fee | - | 4,722 | 4,722 | 3,180 |
9. Net income/(expenditure)
This is stated after charging:
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Depreciation of tangible fixed assets: | ||
| - owned by the charity | 7,420 | 8,759 |
| Independent examiner's fee | 4,722 | 3,180 |
During the year, no Management committee received any remuneration (2024 - £NIL). During the year, no Management committee received any benefits in kind (2024 - £NIL). During the year, no Management committee received any reimbursement of expenses (2024 - £NIL).
10. Staff costs
Staff costs were as follows:
| Wages and salaries National insurance Pension costs |
2025 £ 360,019 28,273 11,997 400,289 |
2024 £ 345,411 27,150 11,055 |
|---|---|---|
| 383,616 |
The average number of persons employed by the charity during the year was as follows:
| Day Centre Housing & Welfare Advice Management & Admin |
No. 6 3 2 11 |
No. 6 3 2 |
|---|---|---|
| 11 |
No employee received remuneration amounting to more than £60,000 in either year.
During the year, key management personnel received remuneration of £46,969 (2024: £44,035). During the year, no key management received any reimbursement of expenses (2024: £nil).
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The Manna Society
Notes to the financial statements for the year ended 31 March 2025
11. Tangible fixed assets
| Cost At 1 April 2024 Additions At 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 12. Debtors Other debtors Prepayments and accrued income 13. Current asset investments Deposits with a maturity date of less than one year 14. Creditors: Amounts falling due within one year Other taxation and social security Other creditors Accruals and deferred income |
Fixtures & fittings £ 70,810 5,465 76,275 61,644 4,650 66,294 9,981 9,166 |
Fixtures & fittings £ 70,810 5,465 76,275 61,644 4,650 66,294 9,981 9,166 |
Computer equipment £ 33,318 - 33,318 27,777 2,770 30,547 2,771 5,541 2025 £ 56,000 12,856 68,856 2025 £ 314,473 2025 £ 8,162 2,448 7,885 18,495 |
Total £ 104,128 5,465 |
|---|---|---|---|---|
| 109,593 | ||||
| 89,421 7,420 |
||||
| 96,841 | ||||
| 12,752 | ||||
| 14,707 | ||||
| 2024 £ 11,384 19,867 31,251 2024 £ 165,000 2024 £ 7,644 2,121 38,801 48,566 |
||||
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The Manna Society
Notes to the financial statements for the year ended 31 March 2025
15. Reconciliation of net movement in funds to net cash flow from operating activities
| Net income/(expenditure) for the year (as per Statement of Financial Activities) Adjustment for: Depreciation charges Dividends, interest and rents from investments (Increase)/decrease in debtors (Decrease)/increase in creditors Net cash provided by/(used in) operating activities 16. Analysis of cash and cash equivalents Cash in hand Total 17. Analysis of changes in net debt At 1 April 2024 £ Cash flows £ Cash at bank and in hand 208,639 (101,227) |
2025 £ 109,527 7,420 (16,387) (37,605) (30,071) 32,884 2025 £ 107,412 107,412 At 31 March 2025 £ 107,412 |
2024 £ (174,572) 8,759 (9,259) 43,750 32,343 (98,979) 2024 £ 213,079 213,079 2024 £ 213,079 |
|---|---|---|
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The Manna Society
Notes to the financial statements for the year ended 31 March 2025
18. Statement of funds
Statement of funds - current year
| Balance at 1 April 2024 £ Designated funds Assisting people in need and accommodation 3,831 General funds General fund 351,625 Total Unrestricted funds 355,456 Restricted funds Accommodation 17,906 Assisting people in need 2,109 Housing and Welfare Advice - Total Restricted funds 20,015 Total of funds 375,471 |
Income Expenditure £ £ 56 (488) 619,283 (509,113) 619,339 (509,601) 3,888 (4,774) 1,610 (935) 60,648 (60,648) 66,146 (66,357) 685,485 (575,958) |
Balance at 31 March 2025 £ 3,399 461,795 465,194 17,020 2,784 - 19,804 484,998 |
|---|---|---|
The bulk of these restricted funds are from the London Borough of Southwark to support part of the costs of our housing & welfare advice service. The remainder of the funds are for accommodation costs or for those with No Resource to Public Funds.
Statement of funds - prior year
| Assisting people in need and accommodation General fund Restricted funds Accommodation Housing advice Assisting people in need Archbishop’s Appeal Grant The Inner London Magistrates Court Poor Box Fund Total restricted funds |
Balance at 1 April 2023 £ 4,511 522,194 20,670 - 2,668 - - 23,338 |
Income £ - 343,185 - 58,400 140 3,000 5,000 66,540 |
Expenditure £ (680) (513,754) (2,764) (58,400) (699) (3,000) (5,000) (69,863) |
Balance at 31 March 2024 £ 3,831 351,625 17,906 - 2,109 - - 20,015 |
|---|---|---|---|---|
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The Manna Society
Notes to the financial statements for the year ended 31 March 2025
19. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Tangible fixed assets Current assets Creditors due within one year Analysis of net assets between funds - prior year Tangible fixed assets Current assets Creditors due within one year |
Restricted funds Unrestricted funds 2025 £ 2025 £ - 12,752 19,804 470,937 - (18,495) 19,804 465,194 Restricted funds Unrestricted funds 2024 £ 2024 £ - 14,707 20,015 389,315 - (48,566) 20,015 355,456 |
Total funds 2025 £ 12,752 490,741 (18,495) 484,998 Total funds 2024 £ 14,707 409,330 (48,566) 375,471 |
|
|---|---|---|---|
20. Pension commitments
The Charity operates two defined contribution scheme one of which is the new workplace pension. The assets of both schemes are held separately from those of the charity in independently administered funds. The pension charge represents contributions payable by the charity to the funds and amounted to £11,997 (2024 - £11,055). There was a £2,448 contribution payable at the balance sheet date (2024: £2,121)
21. Operating lease commitments
At 31 March 2025 the total of the Charity’s future minimum lease payments under non-cancellable operating leases was:
| Amounts payable: Within 1 year Between 1 and 5 years Total |
2025 £ - - - |
2024 £ 20,000 50,000 |
|---|---|---|
| 70,000 |
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The Manna Society
Notes to the financial statements for the year ended 31 March 2025
22. Related party transactions
During the year, Trustees made donations to the charity without conditions totalling £1,320 (2024: £720).
There are no other related party transactions requiring disclosure.
23. Controlling party
The Management committee are the controlling party of the Charity.
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