GREATER MANCHESTER CHURCHES TOGETHER REPORTS AND ACCOUNTS FOR THE YEAR EI NDED 31 DECEMBER2023
GREATER MANCHESTER CHURCHES TOGETHER CONTEI NTS OF THE REI PORTS AND ACCOUNTS FOR THE YEI AR ENDED 31 DECEMBER 2023 Page Charity InformAtion Trustees, Annual Report Independent Examiner's Repoyt Balance Sheet Statemeiit of FinAncial Activities Notes to the Reports and Ateounts
GREATER MANCHESTER CHURCHES TOGETHER Page l. CHARITY INFORMATION POR THE YEAR ENDED 31 Dll CEMBER 2023 TRUSTEES: Bisliop Mark Davies Rev'd Dr Andreiv J Lui)n Bishop John Arnold Moi)signor Paiil Sinitli Rev'd Glayne Worgan Rev Osiebhuliinen Osoba Otaigbe Rev'd Mike Read CORRESPONDENT ADDRESS: Cathedral Centre 3 Ford Street Salfoi'd M3 6DP REGISTERED NUMBER: 503258 (England and Wales) INDEPENDENT EXAMINER: Nicola Law Bsc FCA 34 Inveraray Aveniie Blackrod Greater Manchester BL6 5UQ BANKERS: Unity Trust Bank PIC Nine Bi'indleypla¢e Bii'iningliam BI 2HB
GREATER MANCHESTER CHURCHES TOGETHER Page 2. TRUSTII ES ANNUAL REPORT FOR THI YEAR ENDED 31 DECEMBER 2023 The IrLlStees present tl)eir report with the accounts of the Gharity for the year ended 31 December 2023. Accouiits The accoiints have been prepared in accoi'dance with Accoiinting and Repoi'ting by Charities: Statement of Recoiiimended Practice applicable to cliai'ities preparing their accoiints in accordaiice will) tl)e Financial Reportiiig Standard applicable in tlie UK aiid Republic of Ireland (FRS 102) (effective l January 2015) - (Charities SORP (FRS 102)}, the Finaiicial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. The accounts have been prepared uiider the accrual basis of accoiintiiig. Objects And aetivities The objectives and aiins of Greater Manchester Chui'ches Togethei. (tlie Chxrity) are the advaiiceinent of the Christian religion. the relief of poverty and advanceinent of education wiihii) the principal area of adivity of the Greater Manchester Metropolitan County. The Charity Continues to siistain and support ecuinenical developinents at local. pai'isli, boroiigh and regional levels through ongoing involvement in local ecumenical partnerships, including Churches Together Gioiips and meetings with Chiirch Leaders. The Cliai'ity actively pi'omotes the coming togethei. of Christian religious orgaiiisations witl)in Gi'eater Mancliester and by improved understanding and greater cooperation the aim is lo lielp those organisations and their iiieinbers iii tlieir day to day activities and longer term development. Througl) tlie above objectives and activities Ilie Trustees consider tl)at they have coinplied with tlieir duty under S17 of the Charities Act 2011 ai)d ihey confiriii that they have also coinplied with the requirements of S4 of that Acl to have regard to public benefit as published by the Chai'ity Coinmission. Achievements and pei'formance This past year has continiied to be, for Greater Manchester Churches Togeiher, a period of ti'ansition and change as we continued Éo face the challenges and opportunities of the post covidllockdown woi'ld. The tl'U8tees continued to meet online despite variou5 setbacks due to illness and IT. We looked al tlie opportunities that are emerging foi. oui. work across Gi'eater Mancliestei. in reconnecting witl) denomiiiatioiis aiid Local Ecuii)enical Parlnersliips. tl)e Pi'esidenls, group and tlie Denoinii)alion Eciiiiienical Officers,. We were delighted to welcome giiests to a niimber of our meetings including repi'esenlatives from the Moveinent for Recovery, Festival Mancheslei. and Manchester Indiistrial Mission. We look forward to coiitiiiuing fruitfiil work with these and oiliers working across the county.
conlii?Lied... Page 3. TRUSTEES ANNUAL REPORT- eoiitinued FOR THE YKAR ENDED 31 DECEMBER 2023 Financial i'eview The results for the yeai. under review are set out in the Statement of Financial Activities on page 6. The Triistees prepared a blidget in 2022 foi. the ensliing year to 31 December 2023 and the resLilts are broadly inline Ilierewiili with Ilie loss in year a tiiniiig issue ai)d expected to i'ecover in 2024. Subscriptions froiii menibei. denominations of £23.385 for 2023 were colle¢ted (2022.. £26,830) with a sinall decrease to collection of some 2021 fees in 2022. Fees for Imeinbers wei'e held at 2022 levels The Chai'ity's reserves as at 31 December 2023 were £33,204 (2022.. £37,795) and tliese are considered sufficient to ei)sure tlie Charity's continiiing activities. The Chai'ity'8 detailed financial position as at 31 December 2023 is set out in tlie Balance Sheet on page 5. Reserves Policy It is not the intention of the GMCT to accuinulate undesignated reserves. Monies given to GMCT are to be iised for the fiilfilment of OLLI. Stated piirpose. GMCT will seek to hold in its genei'al resei'ves at least 500/0 of ils likely annual expenditure. Thei'e was a higher thai) expected surplus in the year due to staffing vacancies. Sti'ueture> governance #nd management The Charity was govei'ned by an original coiislitution adopted on 28 September 1973. This was replaced by a fiiithei. constitution (the 2012 Constitiition) which was adopted by the Charity's Annual Assembly (AGM) 011 30 October 2012. The 2012 Constitution was further ainended on 15 January 2013 and a copy is available to interested parties on i'equest or online. The Charity is governed by members at eacli Anniial Assembly and between times by the Trustees as listed 011 page l. Approved by the Trustees and signed by: Signed: Bisliop Mai'k Davies - Chair and Trustee Date
GREATER MANCHESTER CHURCHES TOGETHER INDEPENDENT EI XAMIINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 I report to the trustees on Iny examination of the accounts of Ilie charity for the year ended 31 December 2023, which are set oiil on pages 5 to 8. My woi'k has been iit]deilaken so that I might carry OLIt an Independent Examination of tlie accounts in accordai)ce witli tl)e General Directions given by tl)e Cl)arity Comn)issioners. Responsibilities and bfisis of I'eport The trustees are i'esponsible foi. Ilie preparation of the accounts in accordai)ee with the requirements of the Chai'ities Act 2011 (the Act). The trustees consider that an alidit is not reqiiired foi. the year ended 31 December 2023 linder section 144(2) of the Act and that an Independent Examinatioil is appropriate. report in respect of my examination of the charity's accounts catTied out under section 145 of the Act and in carrying out Iny exainination I have followed all the applicrAble Directions given by the Charity Commission under se¢tion 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confii'm that no significant matters have come lo my attention in coi)nectioi) witl) Ilie examinatioii wliicli give Ine caiise to believe tl)at iii any Inalerial respe¢t- (l ) accounting I'ecords were not kept in respect of the charity as required by sectioii 130 of the A¢t' or (2) the accounts do not accord with those I'ecords- or (3) Ilie accounts do not comply with tlie Rpplicable requirements concerning the form and content of accounts set out in the Cl)arities (Accounts and Reports) Regulations 2008 oilier than any requireinent that the accounts give a "true and fair view" which is not a matter considered as part of ali Independent Examination. I liave iio concerns and liave ¢ome across no otlier iiiatters in connection witl) tlie exainination to wl)ich attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed.. Nicola Law Bsc FCA 34 Invei'aray Avenue Blacki'od Gi'ealer ManGliester BL6 5UQ Date S y-ne ao)
GREATER MANCHESTEI R CHURCHCI S TOGEI THER Page 5. BALANCE SHEET AS AT 31 DEI CEMBER 2023 31112123 31112122 Note FIXEI D ASSETS Taiigible assets 625 875 CURRENT ASSETS Investiiients Trade Debtors Prepayments and AcGI'ued Income Casli at bank TOTAL CURREI NT ASSETS 9,003 16.310 678 8,549 34,540 9,003 8,730 7,S63 13,078 38,374 CURRENT LIABILITIES Pension Creditor Accruals HMRC Payroll TOTAL CURRENT LIABILITIES 202 1,282 477 1,961 173 1,281 1,454 NET CURRENT ASSETSI(LIABILITIES) 32,579 36,920 TOTAL ASSETS LESS CURRENT LIABILITIES 33,204 37,795 FINANCED BY: Unrestrieted fuiid: General 33,204 37,795 33,204 37,795 Appi'oved by the Trustees And signed by: Signed.. + Bisliop Mark Davies - Chair and Trustee Date
GREATER MANCHESTER CHURCHCI S TOGETHEI R Page 6. STATIMENT OF FINANCIAL ACTIVITIKS FOR THE YEI AR ENDED 31 DECEMBII R 2023 31112123 31112ll2 Note Incoming resoui'ces: Income fi'om charitable activities 23,385 26,830 Otliei. income 1,921 1,614 Inveslinenl incoiiie 410 150 Total incomiiig resoui'ees 25.716 28,594 Resoui'ces used: Charitable activities 28,944 23,063 Governance costs 1,363 1,260 TotAI resources used 30,307 24,323 Net intomingl(outgoing) re50urees {4,591) 4,271 Fund bAIAnees brought fonvArd 37,795 33,524 Fund balances cai'ried forwai'd 33,204 37,795 The notes foi'm part of these financial statements
GREATER MANCHESTER CHURCHES TOGETHER Page 7. NOTII S TO THE REPORTS AND ACCOUNTS FOR THE YEAR ENDED 31 DECEI MBER 2023 31112123 31112112 Note l Tangible fjxed Assets Cost As at 01 January 2022 Additions As at 31 Deeembei. 2022 Depreeiation As at 01 January 2022 Charge foi. year As at 31 December 2022 Net book values As at 31 Deceinber 2022 4,238 3,238 ,000 4,238 4,238 3,363 250 3,613 3,149 214 3,363 625 875 Tangible fixed assets priinarily consists of office and computer equipment. Depreciation on tangible fixed assets is provided at 250/0 on a slraiglit line basis in order to write off each asset over ils estiinated economic usefiil life. 2 Ineome fi'om charitAble Activities ContribLltioi)s from iiieiiibei. deiioininations 23,385 26,830 23,385 26,830 Contributions from member deiiominations are recognised in ilie aecoiints when due, all other income is included on a receivable basis iiisofar as the amounts are quantifiable aiid the likelihood of receipt is Slifficiently reliable. 3 Otlier ineome Einployinent allowance 1,921 1.614 1,921 1,614 4 Investment income Bank interest Incoine fi'om investinents 23 387 62 88 410 150 Total incoming resources 25,716 28,594
conliniied... Page 8. GREATER MANCHESTER CHURCHEI S TOGETHER NOTES TO THE REPORTS AND ACCOUNTS- continued FOR THE YEAR ENDED 31 DEI CEMBEI R 2023 31112123 31112122 Note 5 Charitable activitie5 Einployinent costs Dues and subscriptions Insurai)ce Chai'ilable Donations oihei. meeting costs Bank cliarges Depreciation charge for the year 26,316 1,482 685 21,271 262 682 250 240 144 214 106 105 250 28,944 23,063 Chai'itable activities expenditiire coiiiprises those costs inciirred by the chai'ity in the delivery of its a¢tivities and services for its beneficiaries. 6 Governance tosts Professional fee5 1.363 1,260 1,363 1,260 Governaiice costs iiiclLide the costs attributable to tlie charity'5 Compliance with coi)5titutional and statlltory requirements, incliiding strategic manageinent, trustees, meetings and i'eiinbursed expenses. Total i'esoul'ees used 30,307 24,323 All expei)diture is recognised once Iliere is a legal or coi)Stnictive obligation to tl)at expenditure, it is probable seltleiiient is requii'ed and the aiiioiiiit ean be iiieasui'ed reliably. All costs are allocated to tlie applicable expenditure heading that aggregate similar costs to that category. All resources expended are inclusive of irrecoverable VAT.