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2023-09-30-accounts

FOR THE YEAR ENDED FOR THE YEAR ENDED 30SEPTEMBER 30SEPTEMBER 2023
(including income and expenditure account)
Year Year
Ended Ended
30.09.23 30.09.22
Notes Unrestricted Restricted Total Total
Funds Funds Funds Funds
f f
INCOME FROM:
Donations
8 Legacies		 (2) 4,796 4,796 5,448
Charitable
Income		 (3) 94,242 94,242 127,510
Bank Interest 211 211 157
TOTAL 5,007 94,242 99,249 133,115
EXPENDITURE ON:
Charitable
Activities		 (4) (15,422) (98,675) (114,097) (104,358)
NET INCOMING
(OUTGOING)
RESOURCES FOR THE YEAR (10,415) (4,433) (14,848) 28,757
TRANSFERS BETWEEN FUNDS
RECONCILIATION OF FUNDS
Total Funds Brought Forward 33,295 39,428 72,723 43,966
Total Funds Carried Forward (11) 22,880 34,995 57,875 72,723
BALANCE S HEET AS AT 30SEPTEMBER 2023
2023 2022
Notes E
FIXEDASSETS
Tangible
Fixed Assets		 (8) 880 1,018
CURRENT ASSETS
Debtors (9) 6,730 7,936
Cash at Bank and in Hand 52,920 85,816
59,650 93,752
LIABILITIES:
Amounts
falling due
within one year (10) (2,655) (22,047)
56,995 71,705
NET CURRENT ASSETS 57,875 72,723
ACCUMULATED FUNDS
Restricted 34,995 39,428
Unrestricted 22,880 33,295
57,875 72,723
Approved
and signed		 on behalf of the Trustees Management Committee
nciliation
of net		 movemen t in fu nds to net ca sh flow from op erating
activities
2023 2022f
Net movement
in funds		 (14,848) 28,757
Add back depreciation 888 1,792
Deduct investment income (211) (157)
Decrease/(increase) in debtors 1,206 486
Increase/(decrease) in creditors (19,392) (37,244)
Net cash used in operating activities (32,357) (6,366)
Cash flows from investment activities:
Interest 211 157
Purchase
of Fixed		 Assets (750) (1,140)
Net cash provided by investing activities (539) (983)
Increase/(decrease) in cash and cash equivalents during (32,896) (7,349)
the year
Cash and cash equivalents brought forward 85,816 93,165
Cash and cash equivalents carried forward 52,920 85,816

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30SEPTEMBER 2023
1.ACCOUNTING
POLICIES
(a) Basis of preparation
and assessment
ofgoing 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: Accbunting
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 on 1st January 2019and 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 were 7 restricted
funds at the year end.
Unrestricted
income funds comprise those funds which the trustees
are free to use for any		 purpose
in furtherance
of the chantable
objects. Unrestricted
funds
include designated		 funds where the
trustees
at their discretion
have created a fund for a specific purpose.
Further details ofeach fund are disclosed
in note 11.
(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
ofthose 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.
(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 (f) 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
ofthe 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 staff time and facilities used
in each activity.
The allocation
of support
and governance
costs is analysed
in note 5,
NOTES 'TO THE ACCOUNTS FOR THE YEAR ENDED 30SEPTEMBER NOTES 'TO THE ACCOUNTS FOR THE YEAR ENDED 30SEPTEMBER 2023 2023
(g) Charitable
Activities
Costs of charitable
activities
include governance
costs and an		 apportionment of support costs as
shown
in Note 4.
(h) Tangible fixed assets and depreciation
Fixed assets are included
in the accounts at net book value. Additions		 of a single item or a group
of similar assets exceeding F500, are capitalised
at cost (valuation
for		 donated assets).
Depreciation
is provided
to write off the cost less the estimated		 residual value of tangible fixed
assets over their estimated
useful
lives as follows:—
Short Leasehold
Improvements
20% on cost
Computer
Equipment
33%on cost
Fixtures,
Fittings
8 Equipment
20% on cost
(i) Taxation
The organisation
is exempt from income tax by reason of its charitable		 status. Income tax
suffered
on investment
income
is reclaimed
in full. The Charity		 is not currently registered for VAT.
(j) Pensions
The trustees operate a defined
contribution
auto enrolment
compliant		 pension. The charity has no
liability beyond
making
its contributions
and paying across the		 deductions
for the employee's
contributions.
(k) Contingent
liabilities
A contingent
liability
is identified
and disclosed for those transactions		 resulting from a possible
obligation
which
will only be confirmed
by the occurrence
of one or more uncertain		 future events not
wholly
within
the trustees'
control.
(I) 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 the funds to a third party and the amount		 due to settle
the obligation
can be measured
of estimated
reliably.
Creditors		 and provisions are normally recognised at
their settlement
amount
afterzllowing
for any trade discounts		 due.

O TES TO TH E A CCOU NTS FOR THE YEAR ENDED 30SEPTEMBER 202 3
Unrestricted Restricted Total
2 DONATIONS & LEGACIES Funds Funds 2023
f f f
Donations 4,796 4,796
4,796 4,796
Unrestricted Restricted
Previous Year Funds Funds 2022
f
Donations 3,898 3,898
Mr Greenaway 600 600
Ms Packham 950 950
5,448 5,448
Unrestricted Restricted Total
3 INCOME FROM CHARITABLE ACTIVITIES Funds Funds 2023
f f
Grants:
MCC 60,000 60,000
BBCChildren ln Need Grant 2 20,926 20,926
MCRactive 13,316 13,316
We Love MCR 1,000 1,000
(less deferred to 2024) (1,000) (1,000)
94,242 94,242
Unrestricted Restricted Total
Previous Year Funds Funds 2022
f
Grants:
Big Lottery —Awards for All 10,000 10,000
MCC Playscheme 15,402 15,402
Young Manchester 31,332 31,332
MCC Arts 2,000 2,000
MCC 1,910 1,910
Big Lottery Awards for All - Celebrate 9,377 9,377
BBCChildren ln Need 32,110 32,110
BBCChildren In Need Grant P 40,852 40,852
(less deferred to 2023) (20,426) (20,426)
Gift Aid 1,895 1,895
Events 8 Premises Hire 3,058 3,058
4,953.00 122,557 127,510

E
MCC 70
Young Manchester 5,776 5776
5,846 5776
In 2023 &2022 prepayments'of f5,776 relate to the restricted Young Manchester fund. This was for a trip
which was postponed due to Covid-19.
10 LIABILITIES:AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022
E
Accruals 1,655 1,621
Deferred Income 1,000 20,426
2,655 22,047
11 DEFERRED INCOME
Balance as at 1st October 2022 20,426
Amount released to income earned from activities (20,426)
Amount deferred in year 1,000
Balance at 30th September 2023 1,000
Deferred income is comprised ofthe following grants.
We Love MCR 1,000
1,000

NO TES TO THE ACCOUNTS TES TO THE ACCOUNTS TES TO THE ACCOUNTS FOR THE YEAR ENDED 30S EP TEM BER 20 2 3
11 MOVEMENT
IN FUNDS		 OF THE Balance Balance
CHARITY 01-Oct Incoming Transfers Outgoing 30-Sep
Restricted Funds: 2022f 2023
E
MCC Playscheme 1,770 1,770
Young Manchester 24,010 (24,010)
Big Lottery Awards for All 145 (145)
MCC - Youth Round 4 1,252 (1,252)
MCC 11 60,000 (27,016) 32,995
BBCChildren
In Need		 2 12,240 20,926 (33,166)
MCRactive 13,316 13,086) 230
39,428 94,242 (98,675) 34,995
Unrestricted
Funds:
General 33,295 5,007 (15,422) 22,880
33,295 5,007 15,422) 22,880
72,723 99,249 114,097) 57,875
Previous Year Balance Balance
01-Oct Incoming Transfers Outgoing 30-Sep
2021 2022
Restricted Funds: E
MCC Playscheme 15,402 (13,632) 1,770
Young Manchester 7,449 31,332 (14,771) 24,010
NHS 1,506 (1,506)
GMP 820 (820)
Big Lottery Awards for All 10,000 (9,855) 145
MCC - Youth Round 4 1,252 1,252
MCC - Playscheme 262 (262)
MCC - Arts 2,000 (2,000)
MCC 1,910 (1,899)
Big Lottery Awards for All —Celebrate 9,377 (9,377)
Arawak 4,619 (4,619)
BBCChildren
In Need		 8,866 32,110 (40,976)
BBCChildren
ln Need		 2 20,426 (8,186) 12,240
24,774 122,557 (4,619) (103,284) 39,428
Unrestricted
Funds:
General 19,192 10,558 4,619 (1,074) 33,295
43,966 133,115 (104,358 72,723
Arawak transfer offunds is due to an underallocation
in		 previous years.
Name ofRestricted Funds: Description, nature and purpose ofthe fund
MCC Playscheme towards
holiday		 playscheme costs
Young Manchester towards
activities		 for young people
Big Lottery Awards for All towards
festival		 8 workshops
MCC - Youth Round 4 towards
youth		 activities
MCC towards
youth		 activities
BBCChildren
In Need		 2 towards
childrens
activities, balance		 includes future depreciation
MCRactive towards
youth		 activities
Name ofunrestricted Funds:
General the free reserves after allowing for all designated funds

Unrestricted Restricted
funds funds Total 2023
Fixed assets 880 880
Cash at bank and in hand 23,314 29,606 52,920
Other net current assets/(liabilities) (434) 4,509 4,075
Total 22,880 34,995 57,875
Previous year analysis of net assets between funds
Unrestricted Restricted
funds funds Total 2022
Fixed assets 258 760 1,018
Cash at bank and in hand 32,498 53,318 85,816
Other net current assets/(liabilities) 539 (14,650) (14,111
Total 33,295 39,428 72,723