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2023-03-31-accounts

Charity Number: 507873

St George’s Youth and Community Association

Report and financial statements For the year ended 31[st] March 2023

St George's Youth and Community Association

Reference and administrative information

for the year ended 31 March 2023

Charity number 507873 Registered office and operational address St George’s Youth and Community Association Bothwell Road, Collyhurst, Manchester M40 7NY

Trustees Trustees, who served during the year and up to the date of this report were as follows:

Christine Daniels Sheila Davies Beverley Stringer Maureen Hyland Susan Anya Andrea Lyons Anne Worthington

KEY MANAGEMENT Sue Bowen centre manager Personnel Dot Lomax Caretaker /cleaning operative Bookkeeping Lydia Anthony LA Finance support

Bankers

Barclays Bank plc Leicester LE87 2BB

Independent Examiner

Jennifer Daniel FCCA DChA Slade & Cooper Limited Beehive Mill Jersey St Ancoats Manchester M4 6JG

1

St George's Youth and Community Association

Trustees’ annual report

for the year ended 31 March 2023

The trustees present their report and the unaudited financial statements for the year ended 31[st] March 2023.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Objectives and activities

The objectives of the association are:

The trustees review the aims and objectives of all activities that are held at St Georges annually. looking at the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help, and the wider community. The review also helps the trustees ensure the charity’s aims, objectives and activities remain focused on its stated purposes.

The trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning its future activities.

In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set.

Achievements and performance

The charity’s main activities and who it tries to help are described below. All its charitable activities focus on addressing the needs of the local community and are undertaken to further St George’s Youth and Community Association’s charitable purposes for the public benefit.

Chairs Report April 2022 to March 2023

St Georges are now fully back to having a number of groups using the centre. We hold a Monday movers session on a Monday morning, these sessions are aimed at residents of Collyhurst, Miles Platting, Ancoats and Newton Health area of Manchester. The group is aimed at people over 55. Throughout the year we have seen numbers grow and have a regular core group.

2

St George's Youth and Community Association

Trustees’ annual report

for the year ended 31 March 2023

Collyhurst walking group again has been very successful, and seen a number of walkers attend on a weekly basis. Both these groups hold a healthy lunch after, and we have seen relationships build and noticed a change is social interaction between users. Each group empathies on wellbeing and aims to reduce social isolation. M40 gateway who currently fund Collyhurst walking group have no funding to carry on supporting the Walking group, so St Georges will look for funding to ensure this provision is not lost.

St Georges is passionate about all residents of Collyhurst and the wider community. We offer a warm hub and safe environment during these hard times of the cost of living crisis. St Georges will continue to offer support where possible and look for further funding to ensure we can offer support for families and older residents.

A statements from users of Monday and Tuesday sessions

I have been fortunate to have become part of this community centre and benefited in a number of ways. Being involved has greatly improved my wellbeing and social interaction. I was looking for alternatives to medication, these groups have proven invaluable, as I am living on my own. We share information, laugh and banter. This greatly enriches our lives ( being over fifty some users over 70) . We share a whats app group and share our walks on a number of platforms. It cannot be underestimated the overall fulfilment of the community we have built in the groups.

ANNE PHILHIPS (Monday mover and walking group user)

St Georges continue to support

Ypac youth and children’s groups and playscheme.

Narcotics Anonymous

Eritrean Group

Zumba

Creative Writing group

Space (group supports parents carers of children with disabilities)

Lovely heritage (supporting families with children with Down's Syndrome)

Mcr Cares

Mexican dance

M40 Debt,housing and benefit advice

St Georges continues to hire hall-outs for childrens parties, training and conferences.

3

St George's Youth and Community Association

Trustees’ annual report

for the year ended 31 March 2023

We were able to offer a family trip to Southport for residents and users of St Georges in December 2022

Sue Bowen, the current manager, will be leaving St Georges on 31st March. St Georges community and management committee would like to thank Sue for all her hard work whilst centre manager and wish her luck in her new ventures. We would also like to thank Dot Lomas for looking after the centre keeping it clean and tidy.

Cath Lavin will be the new Centre manager, from 13th March Sue Bowen will do a handover for the last two weeks of March.

We would like to thank Manchester City council for their funding, Collyhust Big Local who have also supported St Georges and other funders.

Finally a massive thank you to all the Volunteers and management committee members for all their support and time, you help make St Georges the warm safe place that has become invaluable to users of St Georges.

Sheila Davies, Chair.

Financial review

The charity is in a stable position at the end of the reporting period and has increased its income. St Georges have secured funding from Manchester City Council for year 2023/2025

Plus a further £30.000 for 2 years from Connect Collyhurst

Reserves policy

Any financial under spend will, if carried into the next financial year, be used in accordance with the following guidelines,

  1. If the money is under spend from a specific grant it must be spent within its original purpose unless express permission has been received from the grant funders.

  2. If under-spend is from the general budget then the management committee agree to via funds from one heading to another to boost spending in that area, for example, an underspend on Trips transferred to Building Repairs.

  3. St George’s will endeavour to hold 5% of its main running costs in reserve for emergencies such as unexpected repairs and maintenance to the building as required under the current lease or to cover restructuring of activities in the event of a reduction or loss of funding.

All spending must still be passed to the Management Committee and within guidelines of the Charity.

Plans for the future

St George’s successfully applied for Funding from Our Manchester fund for 2023/2025 to maintain the centre and will also focus on delivering new activities for the local community and increasing our income through room hire and letting our offices.

St Georges will have a social media page (Facebook instagram etc ) to ensure we are targeting a wider audiance, and highlight the space available for hire. St Georges currently have a Website, and we aim to update this this coming year and monitor monthly or as needed.

4

St George's Youth and Community Association

Trustees’ annual report

for the year ended 31 March 2023

St Georges are looking to purchase a new cooker for the centre, as we host a number of groups that provide food and cooking activities listed below are a number of groups that will benefit.

Ypac who deliver youth and children's groups, plus holiday playscheme. YPAC delivers 4 sessions per week for young people, having cooking sessions with young people, and ensuring they have a well balanced meal and help them to make healthy choices, through actively involving participants to help with food prep, cooking and looking at nutritional value.

Mcr cares hold cooking on a budget for residents in and around the M40 area. They have a chef that comes in and shares recipes and again nutritional value of produce, how to make healthy meals for themselves and their families on a low budget, which is even more detrimental during the current cost of living crisis

Space a group that work with families with children with additional needs, working primarily with parents and carers. The provide these parents with a light lunch and often use the cooker to prepare food.

St Georges centre also runs a Monday Movers group and a wellness walking group on Tuesdays for over 40s local residents. After both sessions the group comes together for a healthy lunch. These activities are well attended and have helped local residents from Collyhurst and surrounding areas to come together, which in turn has had a massive impact on their mental wellbeing and helped reduce social isolation. The Eritrean group uses the hall each Sunday for 4 hours, the group has both adults and children that attend and they also prepare lunch for all the families. St Georges also rents the hall and training room out to other groups and local residents for one off events, ie Childrens parties, training sessions.

Structure, governance and management

St George’s Community Centre is managed by St George’s Youth and Community Association. It is a small unincorporated community group. The current constitution was adopted in October 2005.

The organisation is an unincorporated charity, registered as a charity on 5[th] September 1978 in England and Wales.

The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

The Chair and Treasurer of the group also attend other partnership meetings including the following:

Related parties and relationships with other organisations

St George’s Youth and Community Centre is supported by and works in partnership with Our Manchester ‘Manchester City Council, Jigsaw Housing Association and Collyhurst Big Local.

The Chair of the group also attends other partnership meetings including the following:

5

st Georye's Youth and Community Association Trustees. annual report for the year ended 31 March 2023 Law applicable to charitles In England and Wales requ1￿5 the lThstee5 to prepa￿ Ilnancial statements for eath flnanclal year whlch glve a true falr vlew of the thatity's flnandal artlvitles durlng the perlod and of its flnanclal posltlon at the end of the pertrrfl. In prtparbng flnandal statements gmng true and falr vlew. the trustees should follow best prxtlce and: Select sultable accoUn￿n9 pollcles and then apply them con51ste Observe the methods aThl prtnclples In the charf￿es SORP Make Judgements and e#lmètes that are rea￿nable and prudeJ)t Stste whether aPO1¢a￿t UK Accountlng Standards and statern￿ts of reo)mrnended pracyce have been followed, subjert to ony matsrfal departu￿$ dlgdosed and explalned In the flnanclèl statements Prepare the flnandal #atements on the Ong concern basls unles5 tt Is Inapwoprlate to wesume that the tharlty will continuè in opornti￿l trustees are responslble for keeing proper •xountlng fecord5 that dlsdose reasonable accuracy at any tbme the fift￿da1 posltlon of the thwlty and enat4e them to ensure that the flnandal Statern￿ts oynpjy wlth the Charltlts Att 2011. They are alg) re¥￿ble for safeguardlng the assets of the dmrlty antl hence for taklno msonable steps for the prevwthn and drtecllon of lrnud and other Irregularfjtles. The trustees are resp)nslble for the MJIntenan￿ ènd Intsgrlty of the corp)rote and flnanclal Infomatbon Induded on the thèrlty's Ymebslte. Leglslatlon bn the Unlted Kln9dorn gwernlng the preparnyon and dbssemlnovon of flnMthI #ateffle￿ nw dlffer legW)tkx1 Sn other )Jrlsdbctlons. The trurtees. annual report has bew apwoved by the tru#ees on behalf by wid *ned on thdr Sue Anya (Trustee)

Independent examiner’s report

to the members of

St George's Youth and Community Association

I report to the charity trustees on my examination of the accounts of the company for the year ended 31[st] March 2023 which are set out on pages 8 to 23.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

Jennifer Daniel FCCA DChA

Slade & Cooper Limited Beehive Mill, Jersey St Manchester, M4 6JG

Date: 22 November 2023

7

St George's Youth and Community Association

Statement of Financial Activities

for the year ended 31 March 2023

Unrestricted
funds
Note
£
Income from:
Donations and legacies
3
730
Charitable activities:
4
20,659
5
19,675
Total income
41,064
Expenditure on:
Charitable activities:
6
44,398
Total expenditure
44,398
(3,334)
8
(3,334)
Transfer between funds
-
Net movement in funds for the year
(3,334)
Reconciliation of funds
Total funds brought forward
40,173
Total funds carried forward
36,839
Other trading activities
Net income/(expenditure) before
net gains/(losses) on investments
Net income/(expenditure) for the
year
Restricted
funds
£
-
15,000
-
15,000
14,647
14,647
353
353
-
353
9,647
10,000
Total funds
2023
£
730
35,659
19,675
56,064
59,045
59,045
(2,981)
(2,981)
-
(2,981)
49,820
46,839
Total funds
2022
£
465
55,963
14,444
70,872
51,092
51,092
19,780
19,780
-
19,780
30,040
49,820

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

8

St George's Youth and Community Association Balance Sheet as at 31 March 2023 2023 2022 Flxed assets Tan9lble assets Current assets Debtors Cash at bank and in hand 13 11,092 13,120 14 1,155 37,356 37,716 Tot•1 current assets 38.511 Llabllltles Creditors: amounts falllng due in less than one year (2,764) (1,684) Net currnnt •$•ets 35,747 36,700 Total asMts14M current Il•bllltl 46.839 49,820 N•t auets 46,839 49,820 Fund• of th• charlty: Restrfcted Income fiJnds Unrestrfcted Income funds 10.000 36,839 9.647 40.173 17 Total chJrlty fund• 46,839 49,820 The notes on pages 11 to 23 lorm part of these accounts. Approved by the trustees on 18 111 12023 and slgned on thelr behalf by: Shella Davles (Trustee) Sue Anya (frustee)

St George's Youth and Community Association

Statement of Cash Flows for the year ending 31 March 2023

Note
2023
£
Cash provided by/(used in) operating activities
20
(360)
(360)
Cash and cash equivalents at the beginning of the year
37,716
Cash and cash equivalents at the end of the year
37,356
Increase/(decrease) in cash and cash
equivalents in the year
2022
£
21,757
21,757
15,959
37,716

10

St George's Youth and Community Association

Notes to the accounts for the year ended 31 March 2023

1 Accounting policies

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), second edition - October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Accounting Practice.

The accounts (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 Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), second edition - October 2019, rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

St George's Youth and Community Association meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

b Preparation of the accounts on a going concern basis

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

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

c Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met.

11

St George's Youth and Community Association

Notes to the accounts for the year ended 31 March 2023 (continued)

d Donated services and facilities

Donated professional services and donated facilities are recognised as income 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 by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised; refer to the trustees’ annual 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.

e 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.

f Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity.

Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.

Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.

g Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

h Operating leases

Operating leases are leases in which the title to the assets, and the risks and rewards of ownership, remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease.

12

St George's Youth and Community Association

Notes to the accounts for the year ended 31 March 2023 (continued)

i Tangible fixed assets

Individual fixed assets costing £500 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:

Leasehold improvements 20 years Equipment 5 years

j Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

k Cash at bank and in hand

Cash at bank and cash 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.

l Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

m 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.

2 Legal status of the charity

The charity is an unincorporated charity registered as a charity in England & Wales.

13

St George's Youth and Community Association

Notes to the accounts for the year ended 31 March 2023 (continued)

3 Income from donations and legacies

Donations
Other income
Total
Previous Reporting Period
Donations
Other income
Total
4
Income from charitable activities
Manchester City Council Revenue
Collyhurst Big Local Partnership
BHS
Total
Previous Reporting Period
Manchester City Council Revenue
Adactus Housing Association
Gmat
Awards for All
Total
Unrestricted
£
660
70
730
Unrestricted
£
350
115
-
465
Restricted
£
-
-
-
Restricted
£
-
-
-
-
Unrestricted
£
20,259
-
400
20,659
Unrestricted
£
26,763
-
13,000
-
-
-
39,763
Total 2023
£
660
70
730
Total 2022
£
350
115
-
465
Restricted
£
-
15,000
-
15,000
Restricted
£
6,200
-
-
10,000
-
16,200
Total 2023
£
20,259
15,000
400
35,659
Total 2022
£
32,963
-
13,000
10,000
55,963

14

St George's Youth and Community Association

Notes to the accounts for the year ended 31 March 2023 (continued)

5 Income from other trading activities

Income from other trading activities
Room hire
All income from other trading activities is unrestricted.
2023
£
19,675
19,675
2022
£
14,444
14,444

6 Analysis of expenditure on charitable activities

Staff costs
Rent, Rates and Water
Heat and Light
Telephone and IT
Insurance
Stationery and Postage
Travel and Accommodation
Repairs and building maintenance
Miscellaneous
YPAC admin, caretaking, cleaning
Refreshments
Depreciation
Project and excursion costs
Cleaning and Hygiene
Security
Payroll and bookeeing cost
Restricted expenditure
Unrestricted expenditure
Support costs (see note
Governance costs (see note 7)
Total 2023
£
22,127
2,554
7,348
677
1,276
8
3,050
2,208
-
225
-
2,028
13,795
1,724
-
945
1,080
-
59,045
2023
£
14,647
44,398
59,045
Total 2022
21,863
2,831
6,033
361
1,258
222
1,171
2,551
111
341
425
2,028
6,305
1,640
1,470
1,522
960
-
51,092
2022
£
10,668
40,424
51,092

15

7 Analysis of governance and support costs

St George's Youth and Community Association

Notes to the accounts for the year ended 31 March 2023 (continued)

8

Basis of
apportionment
Accountancy services
Governance
Previous Reporting Period
Basis of
apportionment
Accountancy services
Governance
AGM Costs
Governance
Net income/(expenditure) for the year
This is stated after charging/(crediting):
2023
£
Depreciation
2,028
- accountancy fees
720
- independent examination
360
Independent examiner's fees
Governance
£
1,080
1,080
Governance
£
960
-
960
2022
£
2,028
600
360
Total 2023
£
-
-
Total 2022
£
960
-
960

16

St George's Youth and Community Association

Notes to the accounts for the year ended 31 March 2023 (continued)

9 Staff costs

Staff costs during the year were as follows:

ff costs during the year were as follows:
Wages and salaries
Social security costs
Pension costs
2023
£
22,127
-
-
22,127
2022
£
21,863
-
-
21,863

No employees has employee benefits in excess of £60,000 (2022: No).

The average number of staff employed during the period was 2 (2022: 2). The average full time equivalent number of staff employed during the period was 0.5 (2022: 0.8).

The key management personnel of the charity comprise the trustees and the Centre Manager. The total employee benefits of the key management personnel of the charity were £16,871 (2022: £16,380).

10 Trustee remuneration and expenses, and related party transactions

No (2022;No) trustees were paid as volunteer for sessions fees. (2022: Nil).

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2022: No).

17

St George's Youth and Community Association

Notes to the accounts for the year ended 31 March 2023 (continued)

11 Government grants

The government grants recognised in the accounts were as follows:

Manchester City Council 2023
£
20,659
20,659
2022
£
26,763
26,763

12 Corporation tax

The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.

18

St George's Youth and Community Association

Notes to the accounts for the year ended 31 March 2023 (continued)

13 Fixed assets: tangible assets

Leasehold
improvements
Cost
£
36,257
Additions
-
Disposals
-
36,257
Depreciation
23,566
Charge for the year
1,813
25,379
Net book value
10,878
12,691
14
Debtors
Trade debtors
Prepayments and accrued income
15
Creditors: amounts falling due within one year
Trade creditors
Other creditors and accruals
At 1 April 2022
At 31 March 2023
At 31 March 2023
At 1 April 2022
At 31 March 2023
At 31 March 2022
Office
equipment
£
12,458
-
-
12,458
12,029
215
12,244
214
429
2023
£
480
675
1,155
2023
£
724
2,040
2,764
£
48,715
-
-
Total
48,715
35,595
2,028
37,623
11,092
13,120
2022
£
-
668
668
2022
£
724
960
1,684

19

St George's Youth and Community Association

Notes to the accounts for the year ended 31 March 2023 (continued)

16 Analysis of movements in restricted funds

Total
Total
Adactus Housing
Association
MCC - Winter Grant
Awards for All
Manchester
University/Age
Friendly
Collyhurst Big Local
Partnership
MCC - Winter Grant
Awards for All
Previous Reporting
Period
Balance at
1 April
2022
£
1,207
8,440
-
9,647
Balance at
1 April
2021
£
132
3,983
-
-
4,115
Income
£
-
-
15,000
15,000
Income
£
-
-
6,200
10,000
16,200
Expenditure
£
(1,207)
(8,440)
(5,000)
(14,647)
Expenditure
£
(132)
(3,983)
(4,993)
(1,560)
(10,668)
Transfers
£
-
-
-
-
Transfers
£
-
-
-
-
-
Balance at
31 March
2023
£
-
-
10,000
10,000
Balance at
31 March
2022
£
-
-
1,207
8,440
9,647

Name of restricted fund Description, nature and purposes of the fund

Collyhurst Big Local Contribution towards Residents Steering Group and Core running cost Partnership

MCC - Winter Grant Walking group and mond Movers Awards for All (Lottery) Contribution towards activities/AGM and family trips

20

St George's Youth and Community Association

Notes to the accounts for the year ended 31 March 2023 (continued)

17 Analysis of movement in unrestricted funds

Balance
at 1 April
2022
Income
Expenditure
Transfers
£
£
£
£
40,173
41,064
(44,398)
-
40,173
41,064
(44,398)
-
Balance
at 1 April
2021
Income
Expenditure
Transfers
£
£
£
£
25,925
54,672
(40,424)
-
25,925
54,672
(40,424)
-
Description, nature and purposes of the fund
General fund
The free reserves after allowing for all designated funds
Analysis of net assets between funds
General
Designated
Restricted
fund
funds
funds
£
£
£
Tangible fixed assets
11,092
-
-
Other net current assets/(liabilities)
25,747
-
10,000
Total
36,839
-
10,000
Previous Reporting Period
General
Designated
Restricted
fund
funds
funds
£
£
£
Tangible fixed assets
13,120
-
-
Fixed asset investments
-
Other net current assets/(liabilities)
27,053
-
9,647
Creditors of more than one year
-
Total
40,173
-
-
Previous Reporting
Period
General fund
Name of
General fund
As at 31
March 2023
£
36,839
36,839
As at 31
March
2022
£
40,173
40,173
Total
£
11,092
35,747
46,839
Total
£
13,120
-
36,700
-
49,820

18 Analysis of net assets between funds

21

St George's Youth and Community Association

Notes to the accounts for the year ended 31 March 2023 (continued)

19 Operating lease commitments

The charity's total future minimum lease payments under non-cancellable operating leases is as

Less than one year
One to five years
Over five years
2023
2022
£
£
5,000
5,000
25,000
25,000
58,750
63,750
88,750
93,750
Property
2023
2022
£
£
5,000
5,000
25,000
25,000
58,750
63,750
88,750
93,750
Property
93,750

20 Reconciliation of net movement in funds to net cash flow from operating activities

Net income/(expenditure) for the year
Adjustments for:
Depreciation charge
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Net cash provided by/(used in) operating
2023
£
(2,981)
2,028
(487)
1,080
(360)
2022
£
19,780
2,027
6
(56)
21,757

22

St George's Youth and Community Association

Statement of Financial Activities for the year ended March 2022

Note
Income from:
Donations and legacies
3
Charitable activities:
4
5
Total income
Expenditure on:
Charitable activities:
6
Total expenditure
8
Net movement in funds for the year
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Net income/(expenditure) for the
year
Other trading activities
Net income/(expenditure) before
net gains/(losses) on
investments
Unrestricted
funds
£
465
39,763
14,444
54,672
40,424
40,424
14,248
14,248
14,248
25,925
40,173
Restricted
funds
£
-
16,200
-
16,200
10,668
10,668
5,532
5,532
5,532
4,115
9,647
Total funds
2022
£
465
55,963
14,444
70,872
51,092
51,092
19,780
19,780
19,780
30,040
49,820
Total funds
2021
£
1,816
28,479
11,456
41,751
60,769
60,769
(19,018)
(19,018)
(19,018)
49,058
30,040

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

23