The Manchester Guardian Society Charitable Trust
Registered Charity Number 515341 Trustees Annual Report & Accounts 31st March 2025
Registered Charity Number: 515341
The Manchester Guardian Society Charitable Trust 31[st] March 2025
| Contents | |
|---|---|
| Legal and Administrative Information | 1 |
| Trustees’ Annual Report | 2 |
| Trustees’ responsibilities in relation to the financial statements | 5 |
| Independent Auditor’s Report to the Trustees of the Manchester Guardian | |
| Society Charitable Trust | 6 |
| Statement of Financial Activities for the year ended 31 March 2025 | 10 |
| Balance Sheet at 31 March 2025 | 11 |
| Notes to the Financial Statements | 12 |
The Manchester Guardian Society Charitable Trust 31[st] March 2025
Legal and Administrative Information
| Trustees | D Hawkins (Chair) | |
|---|---|---|
| S Birtles | ||
| S Dixon | ||
| A Dale | Appointed 3 June 2024 | |
| P Griffiths | Resigned 25 June 2025 | |
| S Lomas | Appointed 3 June 2024 | |
| K Sheppard | Appointed 3 June 2024 | |
| M Walmsley | Appointed 3 June 2024 | |
| K Wilson | Appointed 3 June 2024 | |
| L Worsley | ||
| Secretary | Mrs E Willder, FCMA, CG(Affiliated) | |
| Beyond Profit Ltd | ||
| Registered Address | Bolton Arena | |
| Arena Approach | ||
| Horwich | ||
| Bolton, BL6 6LB | ||
| Charity Number | 515341 | |
| Auditors | Royce Peeling Green Limited | |
| The Copper Room | ||
| Deva City Office Park | ||
| Trinity Way | ||
| Manche | ||
| Bankers | CAF Bank | |
| 25 Kings Hill Avenue | ||
| Kings Hill | ||
| West Malling | ||
| Kent | ||
| ME19 4JQ | ||
| Investment Advisers | Castlefield Investments | CCLA |
| 1 Portland Street | 1 Angel Lane | |
| Manchester | London | |
| M1 3BE | EC4R 3AB |
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The Manchester Guardian Society Charitable Trust 31[st] March 2025
Trustees’ Annual Report
The Trustees present their annual report and financial statements of the charity for the period ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out on page 12 to the financial statements 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 on 16 July 2014, effective 1 January 2019 and including subsequent editions.
Structure, Governance and Management
The Trust was an unincorporated charity constituted under a Trust deed dated 12 June 1984, amended 20 January 2006, 4 September 2023 and 9 September 2024 with the registered charity, number 515341. The objects of the Trust, as defined in the Trust Deed, are for general charitable purposes.
The Trustees are appointed by the Board of Trustees. There are no restrictions on the total number of Trustees, though there should be no less than 6 in number at any one time. At the annual general meeting, one third of the Trustees shall retire in rotation according to seniority of standing and the remaining Trustees then make appointments to fill these vacancies. At the end of the financial year there were five trustees.
The Board keeps the skill requirements for the Trustee body under review and if a Trustee permanently retires, or additional new Trustees are required, the Board recruit the new Trustee(s). New Trustees are normally sought through existing contacts.
The names of the present Trustees and Secretary are set out on page 1.
Key Management Personnel and Remuneration
The Trustees consider the board of Trustees and the Chairman as comprising the key management personnel of the charity in charge of directing and controlling the charity and running and operating the charity on a day to day basis. All Trustees give of their time freely and no Trustee remuneration was paid in the period. Details of related party transactions are disclosed in note 14 to the accounts.
In accordance with the Trust’s Conflict of Interest policy, Trustees must declare their business and personal interests. The Secretary maintains a register of interests and updates it on an annual basis. Trustees must withdraw from decisions where they have a conflict of interest.
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The Manchester Guardian Society Charitable Trust 31[st] March 2025
Objectives and Activities for the Public Benefit
The objects of the Trust are wide, as defined in the Trust Deed and are “to apply the capital and income in perpetuity to or for such charitable institution or institutions or to or for charitable purposes (being purposes which are exclusively charitable according to the law of England and Wales) as the trustees shall in their absolute discretion think fit.”
The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Trust’s aims and objectives and in planning future activities and setting the grant-making policy for the period.
Achievements and Performance
During the year the Trust gave grants to 101 organisations totalling £174,250 (2024: £145,707 and 91 organisations) to charities and other charitable organisations operating in Greater Manchester.
Financial Review
For the year to 31 March 2025, the Trust made a loss of £295,992 (2024:surplus of £78,886) a £374,878 decrease on the previous year. This was primarily due to investments where there was a loss of £247,781 (2024: a gain of £140,906).
Before investments, the deficit was £48,211 (2024: £62,020) The key reason for the variance is due to higher dividends being received.
The Statement of Financial Activities is shown on page 10 and the Balance Sheet is shown on page 11.
Investment Policy and Performance
The Trustees may invest the trust funds in the purchase of or at interest upon the security of such stocks, funds, shares, securities or other investments or property of whatsoever nature or wheresoever situate as they shall in their absolute discretion think fit and may at any time and from time to time vary such investments for others of a like nature. The Trustees take overall responsibility for investments but delegate the responsibility for management of the investments to professional managers.
The Trustees have an investment policy with the investment managers that is reviewed on an annual basis.
Reserves Policy
The Trustees maintain one unrestricted fund.
The Trustees' policy is to distribute the whole of the income surplus provided that sufficient suitable applications have been received, and in addition to make distributions out of income surpluses brought forward and, as the trust deed permits, capital where the Trustees consider that there are additional applications which merit
their support. This policy is subject to the Trustees' overriding aim which is to maintain and improve capital reserves to continue to fund charitable activities.
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The Manchester Guardian Society Charitable Trust 31[st] March 2025
At 31 March 2025, the Trust’s free reserves were £4,757,865 (2024: £5,053,857).
For and on behalf of the Trustees
D Hawkins Chair of Trustees 1 December 2025
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The Manchester Guardian Society Charitable Trust 31[st] March 2025
Trustees’ responsibilities in relation to the financial statements
The Trustees are responsible for preparing the 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 Trustees to prepare financial statements for each financial period 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 these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate 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 enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations and the provisions 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.
Provision of information to the auditor
So far as each of the Trustees is aware at the time the report is approved
-
There is no relevant audit information of which the Charities’ auditor is unaware and
-
The Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information.
Approved by the Trustees on 1 December 2025 and signed on their behalf by:
D Hawkins, Chair of Trustees
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The Manchester Guardian Society Charitable Trust 31[st] March 2025
Independent Auditor’s Report to the Trustees of the Manchester Guardian Society Charitable Trust
Opinion
We have audited the financial statements of The Manchester Guardian Society Charitable Trust (the ‘Trust’) for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
-
give a true and fair view of the state of the charity’s affairs as at 31 March 2025 and of its incoming resources and application of resources, for the year then ended;
-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Trust in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Trust’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.
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The Manchester Guardian Society Charitable Trust 31[st] March 2025
Other information
The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:
-
the information given in the financial statements is inconsistent in any material respect with the trustees' report; or
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sufficient accounting records have not been kept; or
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the financial statements are not in agreement with the accounting records; or
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we have not received all the information and explanations we require for our audit.
Responsibilities of Trustees
As explained more fully in the statement of trustees' responsibilities, the Trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the Trust’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if,
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The Manchester Guardian Society Charitable Trust 31[st] March 2025
individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. Based on our understanding of the charity, we identified that the principal risks of noncompliance with laws and regulations related to the Charities Act 2011, the Charities Statement of Recommended Practice, pensions legislation, employment regulation and health and safety regulation, anti-bribery, corruption and fraud, money laundering, non-compliance with implementation of government support schemes relating to COVID-19, and we considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements, such as the Companies Act 2006.
We evaluated the trustees’ and management’s incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and determined that the principal risks were related to posting manual journal entries to manipulate financial performance, management bias through judgements and assumptions in significant accounting estimates, in particular in relation to use of restricted funds, and significant one-off or unusual transactions.
Our audit procedures were designed to respond to those identified risks, including non-compliance with laws and regulations (irregularities) and fraud that are material to the financial statements. Our audit procedures included but were not limited to:
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Discussing with the trustees and management their policies and procedures regarding compliance with laws and regulations;
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Communicating identified laws and regulations throughout our engagement team and remaining alert to any indications of non-compliance throughout our audit; and
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Considering the risk of acts by the charity which were contrary to applicable laws and regulations, including fraud.
Our audit procedures in relation to fraud included but were not limited to:
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Making enquiries of the trustees and management on whether they had knowledge of any actual, suspected or alleged fraud;
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Gaining an understanding of the internal controls established to mitigate risks related to fraud;
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Discussing amongst the engagement team the risks of fraud; and
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Addressing the risks of fraud through management override of controls by performing journal entry testing.
There are inherent limitations in the audit procedures described above and the primary responsibility for the prevention and detection of irregularities including fraud rests with management. As with any audit, there remained a risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal controls.
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The Manchester Guardian Society Charitable Trust 31[st] March 2025
A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
Other matters
Your attention is drawn to the fact that the charity has prepared financial statements 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)" (as amended) 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 now been withdrawn.
This has been done in order for the financial statements to provide a true and fair view in accordance with current Generally Accepted Accounting Practice.
Use of our report
This report is made solely to the charity’s trustees, as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Royce Peeling Green Limited (Dec 2, 2025 16:08:44 GMT)
Dec 2, 2025
Royce Peeling Green Limited
......................... Chartered Accountants Statutory Auditor
The Copper Room Deva City Office Park Trinity Way Manchester M3 7BG
Royce Peeling Green Limited is eligible for appointment as auditor of the Trust by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006
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The Manchester Guardian Society Charitable Trust 31[st] March 2025
Statement of Financial Activities for the year ended 31 March 2025
| Unrestricted funds |
Unrestricted funds |
|||
|---|---|---|---|---|
| 31 March 2025 | 31 March 2024 | |||
| Notes | £ | £ | ||
| INCOME AND ENDOWMENTS | ||||
| Investment income | 2 | 141,589 | 124,523 | |
| Other income | 70 | 36 | ||
| TOTAL INCOME | 141,659 | 124,559 | ||
| EXPENDITURE | ||||
| Raising funds | 3 | 0 | 24,655 | |
| Charitable acitivities | 4 | 189,870 | 161,924 | |
| TOTAL EXPENDITURE | 189,870 | 186,579 | ||
| Net (expense)/income and net movement in funds before losses on investments |
(48,211) | (62,020) | ||
| Netgains/(losses)on investments | (247,781) | 140,906 | ||
| Net movement in funds | (295,992) | 78,886 | ||
| Total funds brought forward | 13 | 5,053,857 | 4,974,971 | |
| Total funds carried forward | 13 | 4,757,865 | 5,053,857 |
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The Manchester Guardian Society Charitable Trust 31[st] March 2025
Balance Sheet at 31 March 2025
| Balance Sheet at 31 March 2025 | ||||
|---|---|---|---|---|
| Notes | 31 March 2025 |
31 March 2024 |
||
| £ | £ | |||
| FIXED ASSETS | ||||
| Investments | 9 | 4,722,950 | 4,969,543 | |
| 4,722,950 | 4,969,543 | |||
| CURRENT ASSETS | ||||
| Debtors | 10 | 33,370 | 46,296 | |
| Cash at bank | 11 | 7,560 | 47,293 | |
| 40,930 | 93,589 | |||
| LIABILITIES | ||||
| Creditors: Amounts fallingdue within oneyear | 12 | (6,015) | (9,275) | |
| NET CURRENT ASSETS | 34,915 | 84,314 | ||
| NET ASSETS | 4,757,865 | 5,053,857 | ||
| THE FUNDS OF THE CHARITY | ||||
| Unrestricted funds | 4,757,865 | 5,053,857 | ||
| TOTAL FUNDS | 13 | 4,757,865 | 5,053,857 |
The notes on pages 12 to 21 form part of these accounts.
These financial statements were approved by the board of Trustees and authorised for issue on 1 December 2025 and were signed on its behalf by:
Diane Hawkins, Chair of Trustees
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The Manchester Guardian Society Charitable Trust 31[st] March 2025
Notes to the Financial Statements
1) Accounting Policies
a. Basis of Accounting
The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to the 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 on 16 July 2014 effective 1 January 2019 and the Financial Reporting Standard Applicable in the United Kingdom and Republic of Ireland (FRS 102), and the Charities Act 2011.
The Trust has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements 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 Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The accounts are prepared in sterling, which is the functional currency of the Trust. Monetary amounts in these financial statements are rounded to the nearest £.
The Trust constitutes a public benefit entity as defined by FRS 102.
b. Going Concern
The Trustees believe there are adequate resources which will enable the Trust to meet its liabilities for the foreseeable future. For this reason, the Trustees have adopted the going concern basis in preparing the financial statements.
c. Investments
Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date of the market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the period.
d. Irrecoverable Vat
Irrecoverable VAT is charged against the expenditure heading for which it was incurred.
e. Funds Structure
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.
f. Income Recognition
Dividends received from investments are credited by reference to their ex-dividend date. Other income is recognised when it is probable that the income will be received, and the amount of income receivable can be measured reliably.
g. Expenditure Recognition
Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the 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
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The Manchester Guardian Society Charitable Trust 31[st] March 2025
accruals basis and has been allocated or apportioned under headings that aggregate all costs related to the category.
Grants payable are payments made to third parties in the furtherance of the charitable objectives of the Trust. Single or multi-period grants are accounted for when either the recipient has a reasonable expectation that they will receive a grant and the Trustees have agreed to pay the grant without condition, or the recipient has a reasonable expectation that they will receive a grant and any condition attaching to the grant is outside of the control of the Trust.
h. Costs of Generating Funds
The costs of generating funds consist of investment management fees.
i. Charitable Activities
Costs of charitable activities include grants payable as shown in note 5.
j. Realised Gains and Losses
All gains and losses are taken to the Statement of Financial Activities as they arise. Unrealised gains are calculated as the difference between the market value at the period end and opening market value. Realised and unrealised investment gains and losses are combined in the Statement of Financial Activities.
k. Key estimates and accounting judgements
In applying the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The Trustees’ judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made and are based on historical experience and other factors that are considered to be applicable. Due to the inherent subjectivity involved in making such judgements, estimates ad assumptions, the actual results and outcomes may differ.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to the accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of revision and future periods, if the revision affects both current and future periods.
There are no key estimates and judgements.
l. Taxation
The Trustees consider that requirements for the exemption from taxation set out in the Income Tax Act 2007, Corporation Tax Act 2010 and section 256 of the Taxation of Chargeable Gains Act 1992 are met and, therefore, no provision is made for taxation.
m. 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.
n. Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.
o. 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.
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The Manchester Guardian Society Charitable Trust 31[st] March 2025
2) INVESTMENT INCOME
| 2) INVESTMENT INCOME | |||||
|---|---|---|---|---|---|
| Unrestricted funds |
Unrestricted funds |
||||
| 31 March 2025 | 31 March 2024 | ||||
| £ | £ | ||||
| Castlefield Partners | 10,008 | 92,598 | |||
| CCLA | 131,581 | 31,925 | |||
| 141,589 | 124,523 |
3) RAISING FUNDS
| Unrestricted Funds |
Unrestricted Funds 31 March 2024 £ 24,655 24,655 |
|||||
|---|---|---|---|---|---|---|
| 31 March 2025 | ||||||
| £ | ||||||
| Investment management fees |
- | |||||
| - | ||||||
| Unrestricted Funds |
||||||
| 4) CHARITABLE ACTIVITIES | ||||||
| Unrestricted Funds |
||||||
| 31 March 2025 | 31 March 2024 | |||||
| £ | £ | |||||
| Audit fees | 3,500 | 4,090 | ||||
| Secretarial fees | 12,060 | 12,060 | ||||
| Website costs | - | - | ||||
| Bank charges | 60 | 67 | ||||
| 15,620 | 16,217 | |||||
| Grants distributed (see note 5) | 174,250 | 145,707 | ||||
| 189,870 | 161,924 |
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| 5) ANALYSIS OF GRANTS | |
|---|---|
| 31 March 2025 | |
| 2nd Heald Methodist Scout Group | 750 |
| 317 Failsworth and Newton Heath ATC | 1,500 |
| 5th Hyde Guide Unit | 1,000 |
| 5th/7th Dukinfield Scout Group | 500 |
| ADS (Addiction Dependency Solutions) | 2,000 |
| Ashton United in the community | 2,000 |
| Autism Family Support | 500 |
| Autistic Society Greater Manchester Area | 2,000 |
| Back on Track Manchester | 2,432 |
| Be Beau together | 500 |
| Beacon Counselling | 2,000 |
| Bee Inclusive | 1,000 |
| Being There | 1,000 |
| Bentley House Tara-TMO | 1,500 |
| BMCA | 2,000 |
| Bury Blind Society | 1,000 |
| Bury Defence Academy | 3,000 |
| Caritas diocese of Salford Fundraising | 2,000 |
| Christ Church Pennington | 1,500 |
| Coming Home | 1,000 |
| Community Safety Matters CIC | 500 |
| Contact | 1,750 |
| Dog hill scout and community | 2,500 |
| Emerge 3 RS | 3,500 |
| Emmaus South Manchester | 5,000 |
| Farnworth Baptist Church | 3,000 |
| Fever Morris Dancers | 1,000 |
| Forever Green Community Group | 1,500 |
| Friends of Hollingworth | 1,000 |
| Friends of Thameside Young Carers | 1,014 |
| friends of Waterloo park | 3,500 |
| Get up and Grow | 2,000 |
| Grace Life Church Ltd | 1,500 |
| Grit Street Aid | 1,500 |
| hand in Hand Support | 1,000 |
| Holy Trinity Littleborough | 750 |
| Homeless Support Project | 1,739 |
| Hope for Justice | 2,000 |
| Horeb Baptist Church | 398 |
| Jolly Josh | 2,200 |
| Joshua Tree | 3,500 |
| Kingfisher Special School | 3,000 |
| Lancashire Lions Visually Impaired Sports Club | 1,750 |
| Leigh Miners Rangers RL Academy | 3,000 |
| Lindley Educational Trust | 3,035 |
| Manchester Titans | 1,250 |
| Margaret Haes Riding Centre Ltd | 3,500 |
| MedEquip4KIDS | 2,574 |
| Moravian Church | 2,000 |
| Total to carry forward | 90,142 |
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| 5) ANALYSIS OF GRANTS (CONTINUED) | |
|---|---|
| 31 March 2025 | |
| Total brought forward | 90,142 |
| Neuromuscular Centre | 1,740 |
| New Springs Community | 1,428 |
| NLCCM Family Centre | 2,000 |
| Offerton Cricket Club | 1,500 |
| On Your Own | 500 |
| Out in the City | 1,000 |
| PEEPS | 1,400 |
| Pennine Mencap | 1,000 |
| Peoplescape Theatre | 1,000 |
| Plast Ukraine | 3,395 |
| Prevent Breast Cancer Limited | 3,000 |
| Radcliffe Deaf Football Club | 2,000 |
| Reddish Men in Sheds | 1,960 |
| redfolio CIC | 600 |
| Rochdale Connections Trust | 2,000 |
| Rochdale Retirement Choir | 1,000 |
| Roe Green Kurling Group | 500 |
| Salford Basketball Club | 500 |
| Salford Deaf Gathering | 1,000 |
| Salford Heart Care | 3,000 |
| Salford Lads and Girls Club | 3,000 |
| Seashell Trust | 5,000 |
| SEN Families Support Group | 1,000 |
| Seven Springs Camp | 3,069 |
| Skills 4 All Ltd | 1,000 |
| St Chads Community Activities | 2,000 |
| St Johns Ambulance | 500 |
| St Peters Community gathering | 500 |
| String of Hearts | 1,500 |
| t20 Superleague CIC | 1,750 |
| Tackling Minds CIC | 2,500 |
| The Boaz Trust | 3,000 |
| The Counselling and Family Centre Altrincham | 3,000 |
| The Crafty Club | 700 |
| The Meadway Singers | 500 |
| The Message Trust | 1,500 |
| The Mustard Tree | 2,000 |
| The Proud Trust | 1,000 |
| The Sunnywood Project | 1,500 |
| The Ticker Club | 1,000 |
| The Wellsprings Stockport | 1,666 |
| Timperley Amateur Boxing Club | 2,500 |
| Transforming Lives Group CIC | 500 |
| Turning of Leaves Team | 500 |
| Walthew House | 3,400 |
| Water Adventure Centre | 500 |
| Webb Lane Community Allotment | 1,500 |
| West Coast Crash Wheelchair | 1,500 |
| Westleigh Cricket Club | 500 |
| Total to carryforward | 169,250 |
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5) ANALYSIS OF GRANTS (CONTINUED)
| 5) ANALYSIS OF GRANTS (CONTINUED) | ||
|---|---|---|
| 31 March 2025 | ||
| Total brought forward | 169,250 | |
| Whalley Range Cricket & Lawn TennisClub | 1,000 | |
| Women of Worth | 1,000 | |
| Yellow Jigsaw | 3,000 | |
| 174,250 | ||
| Prior year comparison | ||
| 31 March 2024 | ||
| £ | ||
| 1st Denton Boys' Brigade | 500 | |
| 1st Pendlebury Guides | 2,000 | |
| 1stStretford (Longford) | 500 | |
| 2nd Stalybridge Scout Group | 500 | |
| 3rd Swinton Brownies | 500 | |
| 4th Denton Scouts | 500 | |
| 11th Bolton Bank Top Guides | 500 | |
| 19th Wigan Town Brownies | 500 | |
| Action Station Northwest Community Interest | 2,000 | |
| Company | ||
| Ark of Hope | 1,400 | |
| Aspire 2 Age | 500 | |
| AutiSK | 1,000 | |
| BASIC | 2,250 | |
| Beautiful Mind | 1,340 | |
| BEE TOGETHER COMMUNITY CE | 2,537 | |
| Better We CIC | 1,000 | |
| Bolton Adult Autism Support | 2,000 | |
| Booth Centre | 2,500 | |
| Boxing For Better C.I.C. | 800 | |
| Breighmet Men in Sheds | 1,000 | |
| Bridging the Gap | 2,000 | |
| CARING AND SHARING | 2,000 | |
| Cheadle Heath Community Association | 1,000 | |
| Christ Church Chadderton | 1,000 | |
| Community Bike Kitchen Ci | 1,000 | |
| Create Bolton | 2,000 | |
| Creative Living Centre | 1,500 | |
| Demesne Community Association | 1,500 | |
| English National Opera | 1,500 | |
| Fallowfield Library and Community Resource | 1,500 | |
| Families and Babies | 1,700 | |
| Federation of Jewish Services | 2,000 | |
| Fur Clemt CIC | 2,500 | |
| Girlguiding Urmston Division | 300 | |
| Grafton Centre Development | 1,000 | |
| Greater Manchester Army Cadet Force | 3,500 | |
| Growing Together Levenshulme | 2,000 | |
| Happy Smiles Training CIC | 2,000 | |
| Hidden Treasure Trust CIO | 500 | |
| Humans MCR | 2,000 | |
| Total to carryforward | 56,327 |
17
5) ANALYSIS OF GRANTS (CONTINUED)
| 5) ANALYSIS OF GRANTS (CONTINUED) | |
|---|---|
| 31 March 2024 | |
| £ | |
| Total to carried forward | 56,327 |
| Hyde Festival Association | 1,500 |
| Jigsaw | 2,000 |
| Key4Life CIO | 2,000 |
| Knit, Natter & Creative Craft Club | 500 |
| Leigh Film Society CIO | 1,000 |
| Lifeline Community Ambulance C.I.C | 2,000 |
| Little Hulton and Walkden Neighbourhood | 1,000 |
| Make 2nds Count | 1,000 |
| Manchester Action On Street Health | 3,500 |
| Manchester Carers Forum | 1,000 |
| Manchester Central Foodbank | 2,000 |
| North West Pre-hospital Critical Care | 1,000 |
| Old Trafford Table Tennis Club | 630 |
| Oldham Bethel Church Grant | 1,000 |
| Oldham Pride | 600 |
| Once upon a smile | 2,000 |
| Perry's Pantry | 1,000 |
| Plattbridge Community Centre | 1,500 |
| Poland Syndrome Support Group | 2,000 |
| Reach Family Project | 500 |
| Read Easy Wigan Borough | 1,500 |
| Revolving Doors | 3,500 |
| Salford Community Leisure | 1,000 |
| Salford Families in Need Meals Project | 2,500 |
| Salford Loaves and Fishes | 2,000 |
| Smallshaw Hurst Community Action Group | 2,000 |
| SPRINGHILL HOSPICE | 2,200 |
| St Gabriel's Place of Welcome | 1,000 |
| St Johns ABC Chorlton | 2,000 |
| STITCHED UP COMMUNITY BEN | 1,000 |
| Stockdales of Sale | 3,000 |
| Stockport Canal Boat Trust | 3,500 |
| Stockport Sea Cadets | 2,000 |
| Stretford Cricket Club | 1,000 |
| Talbot House Support Centre | 2,000 |
| Tall Ships Youth Trust | 1,000 |
| Team Mates | 500 |
| The Destitution Project | 3,500 |
| THE EPIPHANY TRUST | 3,000 |
| The Reporters Academy | 3,500 |
| The Royal Artillery Association | 500 |
| The Social Network For Se Grant | 1,000 |
| The Veterans Food Company | 1,500 |
| Westwood and Coldhurst | 2,000 |
| WHAG | 1,000 |
| Whizz-Kidz | 2,500 |
| Wigan & Leigh Men CapSociety | 1,500 |
| Total to carry forward | 135,757 |
18
5) ANALYSIS OF GRANTS (CONTINUED)
| 5) ANALYSIS OF GRANTS (CONTINUED) | ||||
|---|---|---|---|---|
| 31 March 2024 | ||||
| £ | ||||
| Total to carried forward | 135,757 | |||
| Wigan Rotary Club | 350 | |||
| Willow Wood Hospice | 4,100 | |||
| Wood Street Mission | 3,500 | |||
| Youth Leads UK | 2,000 | |||
| 145,707 |
All grants were made to charitable organisations within Greater Manchester. A total of 101 grants were made in the year (2024: 91).
6) AUDIT FEES
Accountancy fees include an audit fee of £3,840 (2024: £3.660).
7) PAYMENTS TO TRUSTEES
No remuneration was paid and no expenses were reimbursed to the Trustees during the period (2024: nil)
8) INDEMNITY INSURANCE
The Trustees do not hold any indemnity insurance.
9) FIXED ASSET INVESTMENTS
| 31 March 2025 |
31 March 2024 |
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| £ | £ | ||||||||||||
| 01 April 2024 | 4,969,543 | 4,811,779 | |||||||||||
| Additions | 97,340 | 5,040,446 | |||||||||||
| Disposals | (96,152) | (4,935,978) | |||||||||||
| Investment (loss)/gain | (247,781) | 53,296 | |||||||||||
| 31 March 2025 | 4,722,950 | 4,969,543 | |||||||||||
| Carrying amount | |||||||||||||
| 4,722,950 | 4,969,543 | ||||||||||||
| Investments at fair value comprise: | |||||||||||||
| 31 March | 31 March | ||||||||||||
| 2025 | 2024 | ||||||||||||
| £ | £ | ||||||||||||
| COIF Charity Funds | 4,623,489 | 4,750,923 | |||||||||||
| 4,623,489 | 4,750,923 | ||||||||||||
Amount of £4,623,489 (2024: £4,750,923) represented the individual investment holdings in excess of 5% of the total portfolio value.
19
10) DEBTORS
| 10) DEBTORS | 10) DEBTORS | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 31 March 2025 |
31 March 2024 |
|||||||||
| £ | £ | |||||||||
| Accrued Income | 33,370 | 46,296 | ||||||||
| 33,370 | 46,296 | |||||||||
| 11) CASH AT BANK | ||||||||||
| 31 March | 31 March | |||||||||
| 2025 | 2024 | |||||||||
| £ | £ | |||||||||
| Castlefield | - | 1,189 | ||||||||
| CAF | 7,560 | 15,861 | ||||||||
| NatWest | - | 30,243 | ||||||||
| 7,560 | 47,293 | |||||||||
| 12) CREDITORS: Amounts falling due within one year |
||||||||||
| 31 March 2025 |
31 March 2024 |
|||||||||
| £ | £ | |||||||||
| Trade Creditors | 1,005 | 1,005 | ||||||||
| Accruals | 5,010 | 8,270 | ||||||||
| 6,015 | 9,275 |
13) MOVEMENT IN FUNDS
| At 1 April 2024 | Incoming Resources |
Resources expended |
Revaluation of investments |
At 31 March 2025 |
|||||
|---|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |||||
| Unrestricted funds | 5,053,857 | 141,659 | (189,870) | (247,781) | 4,757,865 | ||||
| 5,053,857 | 141,659 | (189,870) | (247,781) | 4,757,865 | |||||
| Prior year comparative |
|||||||||
| At 1 April 2023 | Incoming Resources |
Resources expended |
Revaluation of investments |
At 31 March 2024 |
|||||
| £ | £ | £ | £ | £ | |||||
| Unrestricted funds | 4,974,971 | 124,559 | (186,579) | 140,906 | 5,053,857 | ||||
| 4,974,971 | 124,559 | (186,579) | 140,906 | 5,053,857 |
20
14) RELATED PARTY TRANSACTIONS
The trustees all give freely their time and expertise without any form of remuneration or other benefit in cash or kind (2024: £nil).
During the year there were the following related party transactions to organisations where Trustees of the charity are either a Trustee or considered a key individual in the beneficiary. Where such grants are made the relevant Trustee is excluded from the decision making process:
| Trustee | Organisation | £ | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Karen Wilson | 2,000 | |||||||||||
| Sharman Birtles | Turning of the Leaves | 500 | ||||||||||
| Diane Hawkinds | Walthew House | 3,400 | ||||||||||
| Anna Reeves | Whalley Range Cricket & Lawn Tennis Club |
1,000 | ||||||||||
| For 2024 the total of related party transactions in relation to grants was £9,900. |
21
Trustees Annual Report and Accounts 310325
final signed
Final Audit Report 2025-12-02
Created: 2025-12-01 By: Emma Willder (emma@beyondprofituk.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAt2nQqQZyQdFzoouFF58LrSskg5ntCcLh
"Trustees Annual Report and Accounts 310325 final signed" Hist ory
- Document created by Emma Willder (emma@beyondprofituk.co.uk)
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- Document emailed to Carolyn Dutton (cdutton@rpg.co.uk) for signature
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Signer Carolyn Dutton (cdutton@rpg.co.uk) entered name at signing as Royce Peeling Green Limited 2025-12-02 - 4:08:42 PM GMT- IP address: 172.166.211.72
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Document e-signed by Royce Peeling Green Limited (cdutton@rpg.co.uk)
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Agreement completed.
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