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MOSS SIDE MILLENNIUM POWERHOUSE LTD

Registered charity 1077564 · accounts filings on the Charity Commission register

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Latest income
£2.8m
Latest spending
£832k
Registered
1999
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a significant surplus of £2,005,732 for the year, driven largely by a Youth Investment Fund grant. Per the trustees' report, free unrestricted reserves of £370,420 exceed the stated policy target range of £137,104 to £274,207, providing a buffer against funding changes. The trustees acknowledge ongoing risks regarding the sustainability of youth services once specific grant funding ends, noting that the charity is actively diversifying income streams to mitigate this dependency.

What the accounts disclose

Reserves policy: three to six months operating costs (£137,104 to £274,207) (held: £370k)
“The Board has determined that the charity needs reserves of three to six months operating costs to provide working capital and a buffer against changes in the funding regime. This would equate to free reserves in the range of £137,104 to £274,207.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Erinma Bell is a Trustee. During the year, a child of Erinma Bell's is employed by Moss Side Millenium Powerhouse. As part of their employment, they were paid salary costs totalling £24,074.
“Erinma Bell is a Trustee. During the year, a child of Erinma Bell's is employed by Moss Side Millenium Powerhouse. As part of their employment, they were paid salary costs totalling £24,074.” — page 26
“Rachel Gargill was a member of Key Management Personnel. During the year, the charity purchased computer equipment totalling £6,243 from First4Tech Limited where her son is a director.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Rachel Gargill was a member of Key Management Personnel. During the year, the charity purchased computer equipment totalling £6,243 from First4Tech Limited where her son is a director.
“Erinma Bell is a Trustee. During the year, a child of Erinma Bell's is employed by Moss Side Millenium Powerhouse. As part of their employment, they were paid salary costs totalling £24,074.” — page 26
“Rachel Gargill was a member of Key Management Personnel. During the year, the charity purchased computer equipment totalling £6,243 from First4Tech Limited where her son is a director.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Third Sector Accountancy Limited. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.8m
Total spending
£832k
Cost of raising funds
£81k
Reserves (reported)
£370k
Employees
15

Reported reserves equal ~5.3 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Manchester City

Income and spending

Financial year endIncomeSpending
31/03/2025£2.8m£832k
31/03/2024£906k£699k
31/03/2023£559k£478k
31/03/2022£497k£442k
31/03/2021£398k£369k

Common questions

Is MOSS SIDE MILLENNIUM POWERHOUSE LTD financially healthy?

The accounts state that the charity reported a significant surplus of £2,005,732 for the year, driven largely by a Youth Investment Fund grant. Per the trustees' report, free unrestricted reserves of £370,420 exceed the stated policy target range of £137,104 to £274,207, providing a buffer against funding changes. The trustees acknowledge ongoing risks regarding the sustainability of youth services once specific grant funding ends, noting that the charity is actively diversifying income streams to mitigate this dependency. Its FY2025 accounts were audited by Third Sector Accountancy Limited.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund24/11/2014£39k"Moss Side Fashion"