TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
Registered Charity No. 510184
TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE
INDEX
PAGE NUMBER CONTENTS
1 - 4 TRUSTEES ANNUAL REPORT 5 INDEPENDENT EXAMINERS REPORT 6 STATEMENT OF FINANCIAL ACTIVITIES 7 BALANCE SHEET 8 STATEMENT OF CASH FLOWS 9 - 16 NOTES TO THE ACCOUNTS
FOR MANAGEMENT PURPOSES ONLY
17 TRADITIONAL INCOME AND EXPENDITURE ACCOUNT
1
TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE
Report of the trustees for the year ended 31[st] March 2023
The trustees present their annual report and financial statements of the charity for the year ended 31[st] March 2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011 and 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 published (FRS 102) (effective 1 January 2019).
Objectives and activities
The purposes of the charity are to promote and provide facilities in the interests of social welfare, for recreational and leisure facilities for local inhabitants.
The trustees confirm that they have referred to the Charity Commission’s guidance on public benefit when reviewing the Charity’s aims and objectives, in planning future activities, and setting the policies for the year.
The charity furthers its charitable purposes for the public benefit through in planning our activities for the year we keep in mind the Charity Commission's guidance on public benefit at our trustee meetings.
Our community hall and rooms provide a valuable recreational and leisure resource to all members of our local community. A wide variety of activities are organised and take place from our community centre. Our hall is also available for use by local groups and organisations. This year alone, and despite Covid19, the facilities have been used by groups as varied as the Places for People Housing provider, Parent Support Services, the local Adult Education Service and HomeStart Manchester .
The charity carries out a wide range of activities in pursuance of its charitable aims. The trustees consider that these activities, summarised below, continue to provide benefit to the local community.
We hold Health and Wellbeing sessions, run Youth Clubs weekly, run a club for older people, have a Playgroup for pre-school children and their parents, we hold a weekly Family Night, when all ages are encouraged to socialise together and we run various theatre and museum trips throughout the year.
During Easter and the Summer school break we run Playschemes for children. These benefit local people by developing their self-confidence and social skills alongside practical and life skills and enhancing leisure time usage and experience.
A review of our achievements and performance: How our activities delivered public benefit
During the period April 2021 through March 2022 the TLM Centre has continued to provide the services and activities in response to local demand.
Covid restrictions meant that we were forced to close do things a little differently at times. Our Playschemes continued, but with a socially distanced format.
The partnerships between ourselves and other agencies working in the area have been very productive in helping us to reach our objectives and we hope to continue our success in the year to come by building on our past performance and to continue to develop our working partnerships. Local people have benefitted by developing their self-confidence and social skills alongside practical and life skills and enhancing leisure time usage and experience.
2
TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE
Financial review
The Charity, during the coming year, will continue to pursue new funding sources which will enable us to further develop opportunities for our users.
Investment powers and policy
The trustees, having regard to the liquidity requirements of operating the charity, have kept available funds in an interest bearing deposit account.
Reserves policy and going concern
The balance held in unrestricted reserves at 31[st] March 2023 was £18,889 of which £18,523 are free reserves, after allowing for funds tied up in tangible fixed assets.
The trustees aim to maintain free reserves in unrestricted funds at a level which equates to
approximately three months of unrestricted charitable expenditure. The trustees consider that this level will provide sufficient funds to respond to applications for grants and ensure that support and governance costs are covered.
The Charity's main source of income is grants and fees. The Trustees consider that it is appropriate to prepare the accounts on a going concern basis and, consequently, the accounts do not include any adjustments that would be necessary if these sources of income should cease.
Risk management
The trustees have conducted a review of the major risks to which the charity is exposed and systems have been established to mitigate those risks.
Plans for Future Periods
The charity plans continuing the activities outlined above in the forthcoming years subject to satisfactory funding arrangements.
Structure, governance and management
The Charity is a registered charity and is constituted under a trust deed dated 11[th] March 1980.
Appointment of trustees
New trustees are appointed by existing trustees and serve for three years after which they may put themselves forward for re-appointment. The Trust Deed provides for a minimum of eight trustees, to a maximum of twelve trustees, with no more than four trustees due for re-appointment in any one year.
At the trustee meetings (eight per year), the trustees agree the broad strategy and areas of activity for the Charity, including investment, reserves and risk management policies and performance. The day to day administration of the Charity is delegated to the manager.
3
TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE
Trustee induction and training
Many of our trustees are already familiar with the day to day working of the charity through attending our events and services.
When new trustees are elected onto the Management Committee they are invited and encouraged
to attend a short meeting to discuss their new role within the charity and cover:
-
policies and procedures
-
the obligations of the Management Committee members
-
the financial situation as stated in the latest published accounts
-
the day to day role of the Chairperson, Treasurer and Secretary
Reference and administrative information
Charity Name: Turkey Lane and Monsall Neighbourhood Centre Charity Number: 510184
Trustees
A. Barratt B. Lewis Treasurer (resigned June 2022) D. Ford Secretary J. Edwards (resigned June 2022) P. Agombar (resigned June 2022) F. Hevey Chair of Trustees E. Smith (resigned June 2022) J. Plaiter (resigned June 2022) S Chadwick (resigned June 2022) M Gill R McCarton MBE (resigned June 2022) C Berry (appointed June 2022) A Ford (appointed June 2022) M Bryan (appointed June 2022) S Hevey (appointed June 2022) L Parkes (appointed June 2022) J Flynn (appointed June 2022) E Russell (appointed July 2023)
Manager
Ken Moran
Principal Office
1 Jocelyn Street Manchester M40 8PR
4
TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE
Independent Examiners
Hilton Jones t/a Community Accountancy Service Hollinwood Business Centre Albert Street Oldham OL8 3QL
Bankers
Lloyds TSB Moston Manchester
Trustees responsibilities in relation to the financial statements
The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the financial statements, the trustees are required to:
-
Select suitable accounting principles and then apply them consistently;
-
Observe the methods and principles in the applicable Charities SORP;
-
Make judgments and estimates that are reasonable and prudent;
-
State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements;
-
Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provision of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees on 5[th] February 2026 and signed on their behalf by:
F Hevey CHAIR of TRUSTEES
5
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE REGISTERED CHARITY NO. 510184
I report on the accounts of the charity, for the Year Ended 31[st] March 2023, which are set out on pages 6 to 16.
Respective Responsibilities of Trustees and Examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity is preparing accrued accounts and I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants.
It is my responsibility to:
-
Examine the accounts under section 145 of the 2011 Act;
-
follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
To state whether particular matters have come to my attention.
Basis of Independent Examiners Report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out below.
Independent Examiner’s Statement
In connection with my examination, other than listed below, no matter has come to my attention : (1) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records have in accordance with section 130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act,
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: …………………………………………………….
James Hilton Jones FCCA
Date: 5[th] February 2026
Hilton Jones t/a Community Accountancy Service Hollinwood Business Centre, Albert Street, Oldham OL8 3QL
TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE
6
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED
31 MARCH 2023
| Further Details Income from: Donations and legacies (3) Charitable Activities (4) Other Trading Activities (5) Investment Income Total Expenditure on: Raising Funds (6) Charitable Activities (6) Other (6) Total Net income/(expenditure) Transfers between funds (17) Net movement in funds Reconciliation of funds Total funds brought forward (17) Total funds carried forward (17) |
Total Funds Total Funds Unrestricted Funds Restricted Funds Year Ended 31 March 2023 Year Ended 31 March 2022 £ £ £ £ - - - 500 20,920 38,451 59,371 61,928 - - - - - - - - |
|---|---|
| 20,920 38,451 59,371 62,428 |
|
| 331 - 331 249 23,099 35,837 58,936 45,291 - - - - |
|
| 23,430 35,837 59,267 45,540 |
|
| . (2,510) 2,614 104 16,888 - - - - |
|
| (2,510) 2,614 104 16,888 31,515 2 31,517 14,629 |
|
| 29,005 2,616 31,621 31,517 |
The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.
The notes on pages 9 to 16 form part of these accounts.
TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE
7
BALANCE SHEET AS AT 31 MARCH 2023
| Notes Fixed assets: Tangible assets (11) Total fixed assets Current assets: Stocks (12) Debtors (13) Cash at Bank & in Hand Total current assets Liabilities: Creditors: Amounts falling due within one year (15) Net current assets or liabilities Total assets less current liabilities Creditors: Amounts falling due after more than one year (16) Provisions for liabilities Total net assets or liabilities The funds of the charity: Restricted income funds (17) Unrestricted income funds (17) Total charity funds |
2023 2022 £ £ 366 1 |
|---|---|
| 366 1 |
|
| - - 37 184 39,372 38,933 |
|
| 39,409 39,117 |
|
| 8,154 7,601 |
|
| 31,255 31,516 |
|
| 31,621 31,517 - - |
|
| 31,621 31,517 |
|
| 2,616 2 29,005 31,515 |
|
| 31,621 31,517 |
Approved on behalf of the Trustees Management Committee
F Hevey
Date: 5th February 2026
The notes on pages 9 to 16 form part of these accounts.
TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE
8
Statement of Cash Flows for the year ending 31 March 2023
Reconciliation of net movement in funds to net cash flow from operating activities
| Reconciliation of net movement in funds to net cash flow from operating activities | |
|---|---|
| Net movement in funds Add back depreciation Deduct investment income Decrease/(increase) in stocks Decrease/(increase) in debtors Increase/(decrease) in creditors Net cash used in operating activities Cash flows from investment activities: Interest Purchase of fixed assets Net cash provided by investing activities Increase/(decrease) in cash and cash equivalents during the year Cash and cash equivalents brought forward Cash and cash equivalents carried forward |
Year Ended 31 March 2023 Year Ended 31 March 2022 £ £ 104 16,888 185 - - - - - 147 533 553 466 |
| 989 17,887 |
|
| - - (550) - |
|
| (550) - |
|
| 439 17,887 38,933 21,046 |
|
| 39,372 38,933 |
TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE
9
Notes to the accounts
1. Accounting policies
(a) Basis of preparation and assessment of going concern
The accounts (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) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
(b) Funds structure
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed. There are 4 restricted funds.
Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created a fund for a specific purpose.
Further details of each fund are disclosed in note 17.
(c) Income recognition
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.
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.
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. Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.
(d) Expenditure Recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note (g) below.
(e) Irrecoverable VAT
Irrecoverable VAT is charged against the expenditure heading for which it was incurred.
(f) Allocation of support and governance costs
Support costs have been allocated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to independent examination and legal fees together with an apportionment of overhead and support costs.
Governance costs and support costs relating to charitable activities have been apportioned based on type of expense. The allocation of support and governance costs is analysed in note 8.
(g) Costs of raising funds
The costs of raising funds consists of event costs and licence fees.
(h) Charitable Activities
Costs of charitable activities include governance costs and an apportionment of support costs as shown in note 7.
TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE
10
Notes to the accounts
(i) Tangible fixed assets and depreciation
All assets costing more than £500 are capitalised and valued at historical cost. Depreciation is charged on the following basis:
Computers 33.33% on cost Fixtures and Fittings 20% on cost Equipment 20% on cost
(j) Realised gains and losses
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their varying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial Activities.
(k) Pensions
The charity currently administers contributions to an auto-enrolment pension scheme on behalf of individuals. The charity has no liability beyond paying over the deductions.
(l) 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.
(m) 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.
2. Related party transactions and trustees' expenses and remuneration
The trustees all give freely their time and expertise without any form of remuneration or other benefit in cash or kind (2022: £nil). Expenses paid to the trustees in the year totalled £6,144 (2022: £3,576). These expense were made up of 3 trustees wages for Playschemes support.
3. Donations and Legacies
| Donations Previous reporting period Donations |
Unrestricted Restricted Total Funds Total Funds Year Ended 31 March 2023 Year Ended 31 March 2023 Year Ended 31 March 2023 Year Ended 31 March 2022 £ £ £ £ - - - 500 |
|---|---|
| - - - 500 |
|
| Unrestricted Restricted Total Funds Year Ended 31 March 2022 Year Ended 31 March 2022 Year Ended 31 March 2022 £ £ £ 500 - 500 500 - 500 |
TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE
11
Notes to the accounts
4. Income from charitable activities
| Hall Hire Restricted and unrestricted grants: Manchester City Council Central Grants Manchester City Council Street Games Manchester City Council Restart Grant Manchester City Council EARG Grant Places for People HMRC CVJRS 4CT Easter Playscheme 4CT Christmas Playscheme 4CT Summer Playscheme Previous reporting period Hall Hire Restricted and unrestricted grants: Manchester City Council Central Grants Manchester City Council Street Games Manchester City Council Restart Grant Manchester City Council EARG Grant Places for People HMRC CVJRS 4CT Christmas Playscheme 4CT Summer Playscheme |
Unrestricted Restricted Total Funds Total Funds Year Ended 31 March 2023 Year Ended 31 March 2023 Year Ended 31 March 2023 Year Ended 31 March 2022 £ £ £ £ 920 - 920 800 20,000 - 20,000 20,000 - - - 1,570 - - - 8,000 - - - 6,163 - 21,651 21,651 15,750 - - - 2,667 - 2,800 2,800 - - 2,800 2,800 800 - 11,200 11,200 6,178 |
|---|---|
| 20,920 38,451 59,371 61,928 |
|
| Unrestricted Restricted Total Funds Year Ended 31 March 2022 Year Ended 31 March 2022 Year Ended 31 March 2022 £ £ £ 800 - 800 20,000 - 20,000 - 1,570 1,570 8,000 - 8,000 - 6,163 6,163 - 15,750 15,750 - 2,667 2,667 - 800 800 - 6,178 6,178 28,800 33,128 61,928 |
TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE
12
Notes to the accounts
5. Income from other trading activities
| Fundraising events Previous reporting period Fundraising events |
Unrestricted Restricted Total Funds Total Funds Year Ended 31 March 2023 Year Ended 31 March 2023 Year Ended 31 March 2023 Year Ended 31 March 2022 £ £ £ £ - - - - |
|---|---|
| - - - - |
|
| Unrestricted Restricted Total Funds Year Ended 31 March 2022 Year Ended 31 March 2022 Year Ended 31 March 2022 £ £ £ - - - - - - |
6. Expenditure
| Expenditure on raising funds: Licence fees Expenditure on charitable activities: Employment Costs Website Volunteers Expenses Refreshments Playscheme Expenses Subscriptions Repairs and Maintenance Heat, Light & Water Minor Equipment Council Tax Cleaning Computer Costs Telephone Insurance Governance Costs Post, Printing & Stationery Depreciation Other expenditure: Sundry Unrestricted funds Restricted funds |
Activities £ 331 |
Year Ended 31 March 2023 Year Ended 31 March 2022 £ £ 331 249 |
|---|---|---|
| 331 | 331 249 |
|
| 44,553 218 440 1,193 4,830 72 448 3,226 - 522 - - 476 2,228 545 - 185 |
44,553 36,474 218 134 440 - 1,193 200 4,830 1,843 72 114 448 447 3,226 2,053 - 376 522 522 - 159 - 53 476 513 2,228 1,855 545 475 - 73 185 - |
|
| 58,936 | 58,936 45,291 |
|
| - | - - |
|
| - | - - |
|
| 59,267 | 59,267 45,540 |
|
| 23,430 10,414 35,837 35,126 |
||
| 59,267 45,540 |
TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE
13
Notes to the accounts
7. Analysis of expenditure on charitable activities
| Licence fees Employment Costs Website Volunteers Expenses Refreshments Playscheme Expenses Subscriptions Repairs and Maintenance Heat, Light & Water Minor Equipment Council Tax Cleaning Computer Costs Telephone Insurance Governance Costs Post, Printing & Stationery Depreciation |
Community Centre Activities Easter, Summer and Christmas Playschemes Total 2023 £ £ £ 189 142 331 37,881 6,672 44,553 218 - 218 - 440 440 - 1,193 1,193 - 4,830 4,830 72 - 72 448 - 448 2,022 1,204 3,226 - - - 522 - 522 - - - - - - 476 - 476 1,656 572 2,228 545 - 545 - - - 185 - 185 |
|---|---|
| 44,214 15,053 59,267 |
8. Allocation of governance and support costs
The breakdown of support costs and how these were allocated between governance and other support costs is shown below:
| Accountancy Fees Previous reporting period Accountancy Fees |
General Support Governance Total 2023 - 545 545 type of expense - 545 545 General Support Governance Total 2022 - 475 475 type of expense - 475 475 Basis of apportionment Basis of apportionment |
|---|---|
9. Analysis of staff costs
| Wages and Salaries Redundancy Social Security Costs Pension Costs Charitable activities Support costs |
Year Ended 31 March 2023 Year Ended 31 March 2022 £ £ 44,223 36,474 - - - - 330 - |
|---|---|
| 44,553 36,474 |
|
| 44,553 36,474 - - |
|
| 44,553 36,474 |
The average number of employees during the year was 3 (previous year: 2).
The charity considers its key management personnel comprises the trustees and Manager. The total employment benefits, including employer pension contributions of the key management personnel were £17,625 (previous year: £16,008), No employees have benefits in excess of £60,000 (previous year: none).
TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE
14
Notes to the accounts
| 10. Independent Examiner Fees Independent examination fees 11. Tangible Fixed Assets Cost At 1 April 2022 Additions At 31 March 2023 Depreciation At 1 April 2022 Charge for Year At 31 March 2023 NET BOOK VALUE At 31 March 2023 At 31 March 2022 12. Stocks The charity does not hold stocks. 13. Analysis of debtors Debtors Prepayments Debtors and prepayments related to unrestricted funds both in 2023 and 2022. 14. Creditors: amounts falling due within one year Short-term compensated absences (holiday pay) Other creditors and accruals 15. Deferred income The charity does not have any deferred income. 16. Creditors: amounts falling due after more than one year Provisions for liabilities |
Year Ended 31 March 2023 Year Ended 31 March 2022 £ £ 545 475 |
|---|---|
| 545 475 |
|
| Furniture & Office Equipment Total £ £ 4,631 4,631 550 550 |
|
| 5,181 5,181 |
|
| 4,630 4,630 185 185 |
|
| 4,815 4,815 |
|
| 366 366 |
|
| 1 1 |
|
| 2023 2022 £ £ 22 68 15 116 |
|
| 37 184 |
|
| 2023 2022 £ £ - - 8,154 7,601 |
|
| 8,154 7,601 |
|
| 2023 2022 £ £ - - |
|
| - - |
TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE
15
Notes to the accounts
17. Analysis of charitable funds
Analysis of movements in unrestricted funds
| General Fund Designated Fund Previous reporting period General Fund Designated Fund Name of unrestricted fund: General Fund Designated Fund |
Balance at 1 April 2022 Incoming Resources Resources Expended Transfers Balance at 31 March 2023 £ £ £ £ £ 21,399 20,920 (23,430) - 18,889 10,116 - - - 10,116 |
|---|---|
| 31,515 20,920 (23,430) - 29,005 |
|
| Balance at 1 April 2021 Incoming Resources Resources Expended Transfers Balance at 31 March 2022 £ £ £ £ £ 2,514 29,300 (10,414) (1) 21,399 10,116 - - - 10,116 |
|
| 12,630 29,300 (10,414) (1) 31,515 |
|
| Description, nature and purpose of the fund The "free reserves" after allowing for all designated funds For future redundancy and closure costs |
Analysis of movements in restricted funds
| 4CT Christmas Playscheme 4CT Summer Playscheme 4CT Easter Playscheme Places for People Previous reporting period Manchester City Council Summer Playscheme Manchester City Council Street Games Manchester City Council EARG Grant HMRC CVJRS 4CT Christmas Playscheme 4CT Summer Playscheme Places for People |
Balance at 1 April 2022 Incoming Resources Resources Expended Transfers Balance at 31 March 2023 £ £ £ £ £ - 2,800 (2,701) - 99 2 11,200 (9,992) - 1,210 - 2,800 (2,360) - 440 - 21,651 (20,784) - 867 |
|---|---|
| 2 38,451 (35,837) - 2,616 |
|
| Balance at 1 April 2021 Incoming Resources Resources Expended Transfers Balance at 31 March 2022 £ £ £ £ £ (1) - - 1 - 2,000 1,570 (3,570) - - - 6,163 (6,163) - - - 2,667 (2,667) - - - 800 (800) - - - 6,178 (6,176) - 2 - 15,750 (15,750) - - |
|
| 1,999 33,128 (35,126) 1 2 |
Name of restricted fund:
4CT Christmas Playscheme 4CT Summer Playscheme 4CT Easter Playscheme Places for People
Description, nature and purpose of the fund
for a Christmas playscheme for a summer playscheme for an Easter Playscheme for salaries
TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE
16
Notes to the accounts
18. Analysis of net assets between funds
| 18. Analysis of net assets between funds | |
|---|---|
| Tangible fixed assets Cash at bank and in hand Other net current assets/(liabilities) Creditors of more than one year Total Previous reporting period Tangible fixed assets Cash at bank and in hand Other net current assets/(liabilities) Creditors of more than one year Total |
Unrestricted funds Designated funds Restricted funds Total 2023 £ £ £ £ 366 - - 366 26,640 10,116 2,616 39,372 (8,117) - - (8,117) - - - - |
| 18,889 10,116 2,616 31,621 |
|
| Unrestricted funds Designated funds Restricted funds Total 2022 £ £ £ £ 1 - - 1 28,815 10,116 2 38,933 (7,417) - - (7,417) - - - - |
|
| 21,399 10,116 2 31,517 |
19. Financial Instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised on a transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at an amortised cost using the effective interest method.
TURKEY LANE AND MONSALL NEIGHBOURHOOD CENTRE
17
Traditional Income and Expenditure Account
| Income Donations Hall Hire Fundraising events Restricted and unrestricted grants: Manchester City Council Central Grants Manchester City Council Street Games Manchester City Council Restart Grant Manchester City Council EARG Grant Places for People HMRC CVJRS 4CT Easter Playscheme 4CT Christmas Playscheme 4CT Summer Playscheme Total Income Expenditure Licence fees Employment Costs Website Volunteers Expenses Refreshments Playscheme Expenses Subscriptions Repairs and Maintenance Heat, Light & Water Minor Equipment Council Tax Cleaning Computer Costs Telephone Insurance Governance Costs Post, Printing & Stationery Depreciation Total Expenditure Surplus/(deficit for year) |
Year Ended 31 March 2023 Year Ended 31 March 2022 £ £ - 500 920 800 - - 20,000 20,000 - 1,570 - 8,000 - 6,163 21,651 15,750 - 2,667 2,800 - 2,800 800 11,200 6,178 |
|---|---|
| 59,371 62,428 |
|
| 331 249 44,553 36,474 218 134 440 - 1,193 200 4,830 1,843 72 114 448 447 3,226 2,053 - 376 522 522 - 159 - 53 476 513 2,228 1,855 545 475 - 73 185 - |
|
| 59,267 45,540 |
|
| 104 16,888 |