REGISTERED CHARITY NUMBER: 516092 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR THE BURY SPEAKEASY CLUB P B Syddall & Co Chartered Accountants Grafton House 81 Chorlev Old Road Bolton Lancashire BLI 3AJ
THE BURY SPEAKEASY CLUB CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Page Report of the Trusttts Independent Examiner's R¢port Statement of Financial Activities Balance Sheet Notes to the Financial Statements 7 to 12 Detailed Stalement of Financial Activities 13 to 14
THE BURY SPEAKEASY CLUB REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their report with the financial statements of the charity for the year ended 31 Dec¢mb¢r 2024. The trust¢¢s have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charilies Preparing their accounts in accordance with the Financial Reporting SLdard applicable in the UK and Republic of Ireland (FRS 102) (effeclive l January 2019). The Bury Speakeasy Club operates under the name "Speakeasy" OBJECTIVES AND ACTIVITIES Objectives and aims Speakeasy's objectives tend to be similar year on year as our core business of supporting people with aphasia remains unchanged. Activities We layer activities onto our basic services offering a wider range of member requesled and member led activities to facilitate ongoing development of communication skills. confidence and community participation whilst improving quality of life with aphasia. Annually we offer purposeful trips as appropriate. AGM. a Christmas lunch and our aphasia conference. Public benefit The trustees have acknowledged the charity commission guidance on public benefit and are confident the charity meets the definition in all regards. Achievements 2nd performance 2024 Sp¢akeasy continued to deliver a blended service both online and face to face at the office and other premises across Greater Manchester. Thi5 service supported people with aphasia and their carers and families. All the funded projects were delivered successfully and evaluated using aphasia accessible approaches. This gave us knowledge about the impact and preferences for both people wilh aphasia and carers which is used to ensure that our work is truly member centric. We ¢nsured full delivery of core services and support for all who requested it in spite of increasing demand. We continued to support member5 to have involvemenl in a wide rdnge of research and themed project work which included engagement with local public and patienl consultation meetings across Greater Manchester. We were successful in securing a large grani from National NHS to deliver a new pilot project to support speech aT]d language therapists, people with aphasia and carers online. offering short tenn support to fill the gaps in NHS provision. A remote speech and language therapist was engaged to deliver this work across the whole of Greater Manchester. This project began late 2022 and continued through all of 2024. Speakeasy remained ai the fOfrOnt of national and international aphasia collaborations such as the Aphasia Alliance, Tavistock trnst for Aphasia. Collaboration of Aphasia Trialli5ts and retains strong links with stroke, disability and voluntary sector organisations. We liaised with care organisations and established an agreement to deliver training for staff in improving their communication skills. Our ongoing and regular involvement with local. naiional and international searCherS and with businesses to sharelsell our expertise has continued in 2024. Trustees have had full involvement in managing Speakeasy business with continued support, advice, monitoring of standards and strategic guidance. Page I
THE BURY SPEAKEASY CLUB REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 FINANCIAL REVIEW Reserves policy Our policy on cash reserves continues to be the maintenance of at least six months operating costs on deposit as a buffer in the event that our funding l income sources ce&8e. As at 31 December 2024 the unrestricted general fimd stood at £137.080 which represents over I I months operating costs. The trustees have always recognised that the sources of income are ad-h or at besi subject to a periodic review, and often subject to periodic qualification- all with the potential to cease ivith little or no prior notice, with subsequent impact to reserves. These characteristics sit alongside an understanding on ihe part of the trustees that the members, staff and grant-makers require some continuity- the financial buffer is essential in allowing the truslees adequate time to formulate appropriate contingency plans, should they be required. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing documenl The charity 15 controlled by its governing documenL a deed of trLiSt and constitutes an unincorporated Charity. The goveming document is the constitution adopted 23 January 1985 and amended 24 April 1989. Recruitment and appointment of Irustees The method adopted for recruitmenl and appoinimeni of new trustees are . Head-hunting for those with required skills Initial meeting Invitation to join Speakeasy - CRB check - Confimiation of appointment at trustee meeting - Report and confirmation at AGM Induction pack and responsibility I liability briefing New trustees are appointed by the board after consideration of the charitys requirements. Organisational struclure Speakeasy has a board of trustees and a Chief Executive Officer. Gill Pearl, to whom all staff report. All structural and financial decisions are made by majority vote by the tnts-tces. Gill Pearl has authority for expenses up to £200. Governance Trustee meetings are planned to lake place throughout the year and senior leaders communicate very effectively on both formal matters and infornially when guidance is required by officers or the Chief Executive Officer. Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. We regularly review all risks and take appropriate actions where required. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 516092
THE BURY SPEAKEASY CLUB REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 Principal address I I Princes Court Silver Streel Ramsbollom Bury Lancashire BLO 9BJ Trustees J Holland (resigned 1.4.24) D Morton Chair of Trustees J Lowe Ms A Hibbert Mrs J Hancock P Prince Ms E Duncan Ms J Wright K Winch Ms J Lloyd H Holland Ms F Holland-Haque (appointed 2.4.24) Independenl Ex4miner A J Syddall M.A.. F.C.A.. P B Syddall & Co Chartered Accountants Grafton House 81 Chorley Old Road Bolton Lanca5hire BLI 3AJ Approved by order of the board of trustees on 7 Cktober 2025 and signed on its behalf by". D Morton - Trustee Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BURY SPEAKEASY CLUB Independent examiner's report to the trustees of The Burv Speakeasy Club I report to the charity trusiees on my examination of the accounts of The Bury Speakeasy Club (the Trust) for the year ended 31 December 2024. Responsibililies and basis of report As the charity trustees of the Trnst you are responsible for the preparation of the accounts in accordanc¢ with the requirements of the Charities Act 2011 ('the ACV). I repon in respecl of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5){b) of the Act. Independent examiner's statement I have completed tny examination. I confirni that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the TTUSt as required by Section 130 of the Act. or the accounts do not accord with those records. or the accounts do not comply with the applicable requirements concerning the forni and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement thai the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come acTOSS 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. A J Syddall M.A.. F.C.A.. P B Syddall & Co Chartered Accountants Grafton House 81 Chorley Old Road Bolton Lancashire BLI 3AJ 7 October 2025 Page 4
THE BURY SPEAKEASY CLUB STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 31.12.24 Total funds 31.12.23 Total funds Unrestricted fimd Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations subscriptions and grants 45,912 110,418 150J30 179,502 Other trading activities Investmeni income 3,794 1,288 SJOO 9,094 1288 21.233 1.002 Total 50.994 115.718 166,712 201,737 EXPENDITURE ON Charitable activitie5 Charitable activities Support costs Finance costs 18,613 122.160 140,773 132,909 3,289 (190) Total 18,613 122,160 140,773 136,008 Net gains on investments 9.095 9,095 4,382 NET INCOMEI{EXPENDITURE) 41.476 (6,442) 35,034 70,11 RECONCILIATION OF FUNDS Total funds broughi forward 104.699 52.405 157,104 86,993 TOTAL FUNDS CARRIED FORWARD 146,175 45,963 192,138 157,104 The notes forn) part of these financial statements Page 5
THE BURY SPEAKEASY CLUB BALANCE SHEET 31 DECEMBER 2024 31.12.24 Total funds 31.12.23 Total funds Unrestricted nd Restrictcd nds Notes FIXED ASSETS Tangible assets Investments 8,104 80.774 8,104 80,774 1,897 71,678 88J78 88,878 73,575 CURRENT ASSETS Debtors.. amounts falling due within one year Cash at bank and in hand 10 .150 82,379 57297 45,963 103,260 57,297 45,963 103,260 83,529 NET CURRENT ASSETS 57297 45,963 103200 83.529 TOTAL ASSETS LESS CURRENT LIABILITIES 146,175 45,963 192.138 157.104 NET ASSETS 146,175 45,963 192,138 157,104 FUNDS Unrestricted funds Restricted funds 146,175 45,963 104,699 52,405 TOTAL FUNDS 192,138 157.104 The financial statements were approved by the Board of Trustees and authorised for issue on 7 October 2025 and were signed on its behalf by.. D Morton - Trustee The notes forni part of these financial statements Page 6
THE BURY SPEAKEASY CLL'B NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepaTed in accordance with the Charities SORP (FRS 102) '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) (effective l January 2019),. Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and ihe Charities Aci 2011. The financial statements have been prepared under the historical cost convention, with the exception of inveslments which are included at market value, as modified by the revaluation of certain assets. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amouni can be me&sured reliably. Expenditure 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 a transfer of Lyonomic benefits will be required in settlement and the amount of the obligation can be measured reliablj". Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rales in order to write off each asset over its estimated useful life. Computer equipmenl 250/0 on reducing balance Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted PUTposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. DONATIONS SUBSCRIPTIONS AND GRANTS 31.12.24 31.12.23 Donations Grants Subscriptions 26.664 118,961 10,705 20,694 146.947 11.861 156J30 179,502 Grants received. included in the above, are as follows: 31.12.24 31.12.23 Other granis 118,961 146,947 Page 7 continued...
THE BURY SPEAKEASY CLUB NOTES TO THE FINANCIAL STATEMENTS- Continued FOR THE YEAR ENDED 31 DECEMBER 2024 OTHER TRADING ACTtVlTIES 31.12.24 31.12.23 Fundraising events Training and exp¢rtise 3J14 5,780 9,004 12.229 9,094 21.233 INVESTMENT INCOME 31.12.24 31.12.23 Deposit account interest 1,288 1,002 CHARITABLE A1VITIEs COSTS Direct Costs Support costs Totals Charitable activities 135,640 5,133 140,773 TRUSTEES, REMUNERATION AND BENEFITS There were no tThstees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023. STAFF COSTS The average monthly number of employees during the year was follows: 31.12.24 31.12.23 Chief Executive rinance and administration Speech and language therapist Fixed term contrdcts - proJectellyCry No employees received emoluments in excess of £60,000. continued...
THE BURY SPEAKEASY CLUB NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 TANGIBLE FIXED ASSETS Computer equipment COST At l January 2024 Additions 17,355 7,653 At 31 December 2024 25,008 DEPRECIATION At l January 2024 Charge for year 15,458 1,446 Al 31 December 2024 16,904 NET BOOK VALUE At 31 December 2024 8,104 Ai 31 December 2023 1,897 FIXED ASSET INVESTMENTS Listed inveslments MARKET VALUE At l January 2024 Revaluations 71,679 9,095 At 31 December 2024 80,774 NET BOOK VALUE At 31 December 2024 80,774 At 31 December 2023 71.679 There were no investment assets outside the UK. Cost or valuation at 31 December 2024 is represented by.. Listed investments Valuation in 2023 Valuation in 2024 71,679 9,095 80,774 Page 9 continued...
THE BURY SPEAKEASY CLUB NOTES TO THE FINANCIAL STATEMENTS- conlinued FOR THE YEAR ENDED 31 DECEMBER 2024 io. DEBTORS: AMOUNTS FALLING DUE WATHIN ONE YEAR 31.12.24 31.12.23 Trade deblors 1.150 MOVEMENT IIY FUNDS Net moveTnent tn funds At 31.12.24 Ai 1.1.24 Unrestricted funds General fund 104,699 41,476 146,175 Reslricted funds SQulRe (Stroke quality improvement for rehabilitation) National Lollery Core Vamcast GM Walking IOJ89 38,809 3,207 (10,365) (3,720) 4,009 3,634 24 35,089 7,216 3,634 52.405 (6,442) 45,963 TOTAL FUNDS 157,104 35,034 192,138 Nei movement in funds. included in the above are as follows: Incoming resources Resources e.Ipended Gains and losses Movement in fund5 Unreslrieted funds General fund 50,994 {18,613) 9,095 41,476 Re5trieied funds SQulRe (Stroke quality improvement for rehabilitation) National Loll¢ry Core Vamcast Aphasia Conference GM Walking (10.36$) (88.878) {1.290) {21,627) (10.365) (3,720) 4,009 85,158 5,299 21,627 3,634 3,634 115,718 (122,160) (6,442) TOTAL FUNDS 166,712 (140,773} 9,095 Page 10 continued...
THE BURY SPEAKEASY CLUB NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 ii. MOVEMENT IN FUNDS- continued Compar4tives for movement in funds Net movement in funds Transfer5 between funds Ai 31.12.23 Atl.I.23 Unrestrieled funds Generdl fund 73,357 16.594 14,748 104,699 Restrieted funds European Social Fund National Lottery Speak Up Operational Delivery Network(Stroke Greater Manchester) SQulRe (Stroke quality improvement for rehabilitation) National Lottery Core Vamcast 11.686 {42} (210) (11,644) 210 3,314 (3,314) (1.364) 11,753 38.809 3.207 10.389 38,809 3,207 13.636 53.517 (14,748) 52,405 TOTAL FUNDS 86,993 70.111 157,104 Comparative net movement in funds. included in the above are as follows.. Incoming resources Resources expended Gains and losses Movement in funds Unrestricied funds Generdl fund 64,489 (52277) 4.382 16,594 Restricted funds European Social Fund National Lottery Speak Up SQulRe (Stroke quality improvement for rehabilitation) National Lottery Core Vamcast (43) {210) (42) (210) 89.974 41.973 5.300 (78.221) (3.164) (2,093) 11.753 38,809 3.207 137,248 (83,731) 53,517 TOTAL FUNDS 201.737 (136.008) 4.382 70,111 Pagell continued...
THE BURY SPEAKEASY CLUB NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 12. RELA TED PARTY DISCLOSURES There were no related party transactions for the year ended 31 December 2024. Page 12
THE BURY SPEAKEASY CLUB DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 31.12.24 31.12.23 INCOME AND ENDOWMENTS Donations subscriptions and grants Donations Grants Subscriptions 26,664 118,961 10,705 20,694 146.947 11,861 156J30 179,502 Other Irading activities Fundraising events Training and expertise 3J14 5,780 9.004 12,229 9,094 21,233 Investment income Deposit account interest 1,288 ,002 Total incoming resources 166,712 201,737 EXPENDITURE Charitable activitie5 Wages Rent rates and room hire Utilities Postage printing stationery and advertising Sundries Members Outings and events Staff travel Office software equipment and support fees Guest speaker5 and training expenses Office repairs and maintenance Conference costs 94,794 13,S60 965 lJ54 2,035 510 605 1.550 414 256 19,597 107,081 13.520 1,301 852 2,138 3.338 4,177 502 135,640 132,909 Support ¢0515 Management Insurance Bookkeeping Accounthncy Independent examination fees 1228 160 1,752 540 940 117 1,692 540 3.686 3,289 Finance Bank charges Carried forward (190) (190) This page does not forni part of the statutory financial statements Page 13
THE BURY SPEAKEASY CLUB DETAILED STATEMENT OF FINANCIAL A1VITIEs FOR THE YEAR ENDED 31 DECEMBER 2024 31.12.24 31.12.23 Finance Brought fonvard Depreciation of tangible fixed assets {190) 1.447 1,447 (190) Total resources expended 140,773 136,008 Nel income before gains and1055es 25,939 65.729 Realised recognised gains and losses Unrealised gainsllosses on fixed asset investments 9,095 4.382 Net income 35,034 70,11 This page does not fornj part of the stathtory financial statements Page 14