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Company Limited by Guarantee |
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Company Limited by Guarantee |
Financial Statements |
Pages |
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Trustees' annual report (incorporating the director's report) |
1 to 2 |
Independent examiner's report to the trustees |
3 to 4 |
Statement of financial activities (including income and expenditure account) |
5 |
Statement of financial position |
6 |
Notes to the financial statements |
7 to 12 |
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Company Limited by Guarantee |
Trustees' Annual Report (Incorporating the Director's Report) |
Registered charity name |
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Charity registration number |
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Company registration number |
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Principal office and registered |
2nd Floor - Parkgates |
office |
Bury New Road |
Salford |
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Manchester |
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M25 0TL |
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Independent examiner |
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2nd Floor - Parkgates |
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Bury New Road |
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Prestwich |
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Manchester |
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M25 0TL |
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Trustee |
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Company Limited by Guarantee |
Independent Examiner's Report to the Trustees of
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Company Limited by Guarantee |
Statement of Financial Activities |
(including income and expenditure account) |
2024 |
2023 |
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Unrestricted funds |
Total funds |
Total funds |
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Note |
£ |
£ |
£ |
Donations and legacies |
5 |
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Investment income |
6 |
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Total income |
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Investment management costs |
7 |
(
12,807) |
(
12,807) |
(
17,087) |
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Expenditure on charitable activities |
8,9 |
(
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(
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(
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Total expenditure |
(
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(
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(
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Net income/(expenditure) and net movement in funds |
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(
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Total funds brought forward |
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Total funds carried forward |
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Company Limited by Guarantee |
Statement of Financial Position |
2024 |
2023 |
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Note |
£ |
£ |
£ |
Investments |
15 |
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Debtors |
16 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
17 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Unrestricted funds |
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Total charity funds |
18 |
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Trustee |
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Company Limited by Guarantee |
Notes to the Financial Statements |
Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Donations |
67,500 |
67,500 |
266,000 |
266,000 |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Income from investment properties |
64,710 |
64,710 |
62,155 |
62,155 |
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Surplus on Joint Property Investments |
230,420 |
230,420 |
111,002 |
111,002 |
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Other interest receivable |
16,297 |
16,297 |
15,078 |
15,078 |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Council tax |
– |
– |
(1,751) |
(1,751) |
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Agents commission |
4,662 |
4,662 |
4,446 |
4,446 |
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Insurance |
5,742 |
5,742 |
4,904 |
4,904 |
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Repairs |
530 |
530 |
6,937 |
6,937 |
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Professional charges |
1,873 |
1,873 |
2,551 |
2,551 |
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-------- |
-------- |
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12,807 |
12,807 |
17,087 |
17,087 |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Charitable activities |
317,000 |
317,000 |
541,000 |
541,000 |
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Support costs |
2,257 |
2,257 |
2,275 |
2,275 |
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Grant funding of activities |
Support costs |
Total funds 2024 |
Total fund 2023 |
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£ |
£ |
£ |
£ |
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Charitable activities |
317,000 |
98 |
317,098 |
541,098 |
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Governance costs |
– |
2,159 |
2,159 |
2,177 |
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Analysis of support costs activity 1 |
Total 2024 |
Total 2023 |
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£ |
£ |
£ |
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General office |
98 |
98 |
98 |
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Governance costs |
2,159 |
2,159 |
2,177 |
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2,257 |
2,257 |
2,275 |
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2024 |
2023 |
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£ |
£ |
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MW (CL) Foundation |
65,000 |
59,000 |
MW (GK) Foundation |
65,000 |
59,000 |
MW (HO) Foundation |
60,000 |
64,000 |
MW (RH) Foundation |
65,000 |
359,000 |
Other Grants |
62,000 |
– |
--------- |
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Total grants |
317,000 |
541,000 |
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2024 |
2023 |
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£ |
£ |
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Independent examination of the financial statements |
2,160 |
2,000 |
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------- |
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Investment properties |
Other investments |
Total |
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£ |
£ |
£ |
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Cost or valuation |
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At 1 July 2023 |
853,537 |
1,512,996 |
2,366,533 |
Additions |
– |
230,420 |
230,420 |
Disposals |
– |
(240,000) |
(240,000) |
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At 30 June 2024 |
853,537 |
1,503,416 |
2,356,953 |
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Impairment |
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At 1 July 2023 and 30 June 2024 |
– |
– |
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Carrying amount |
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At 30 June 2024 |
853,537 |
1,503,416 |
2,356,953 |
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At 30 June 2023 |
853,537 |
1,512,996 |
2,366,533 |
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2024 |
2023 |
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£ |
£ |
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Other debtors |
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--------- |
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2024 |
2023 |
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£ |
£ |
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Trade creditors |
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Accruals and deferred income |
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Other creditors |
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At 1 July 2023 |
Income |
Expenditure |
At 30 June 2024 |
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£ |
£ |
£ |
£ |
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General funds |
2,726,607 |
378,927 |
(332,064) |
2,773,470 |
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At 1 July 2022 |
Income |
Expenditure |
At 30 June 2023 |
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£ |
£ |
£ |
£ |
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General funds |
2,832,734 |
454,235 |
(560,362) |
2,726,607 |
------------ |
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Unrestricted Funds |
Total Funds 2024 |
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£ |
£ |
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Tangible fixed assets |
2,356,953 |
2,356,953 |
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Current assets |
544,894 |
544,894 |
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Creditors less than 1 year |
(128,377) |
(128,377) |
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------------ |
------------ |
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Net assets |
2,773,470 |
2,773,470 |
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Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
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Tangible fixed assets |
2,366,533 |
2,366,533 |
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Current assets |
486,115 |
486,115 |
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Creditors less than 1 year |
(126,041) |
(126,041) |
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Net assets |
2,726,607 |
2,726,607 |
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