The objects of the charitable company are (the following is not an exhaustive list):

• (i) The promotion for the public benefit of urban regeneration in areas of social and economic deprivation (and in particular the Moss Side, Hulme and adjacent areas of Manchester) by all or any of the following means:-
  1. The relief of poverty;
  2. The advancement of education, training or retraining for unemployed people, particularly the long-term unemployed;
  3. The provision of business advice through help in setting up businesses or support to existing businesses;
  4. The creation of training and employment opportunities by the provision of workspace, buildings, and/or land for use on favourable terms.
• (ii) Acting as a focus of community opinion within the area of benefit to ensure that the economic development and regeneration of that area is effectively balanced to the particular requirements of the community relative to long-term economic growth, increased levels of employment, the environment, housing and provision of amenities.
• (iii) Fostering and developing successful partnerships and associations with industry, commerce and other compatible organisations both within the area of benefit, and nationally and internationally in order to develop and increase the wealth and quality of life of those living in the area of benefit.