2023-03-31-accounts - Royds Community Association

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TRUSTEES			A N Curtis
			CI Dinsdale	(appointed		21/9/22)
			I L Marriott
			N SNurden	(appointed		21/9/22)
			N IShaper
			LI Webb
COMPANY SECRETARY			CVarney
KEY MANAGEMENT	PERSONNEL		CVarney(CEO)
			A Briggs (Finance		Manager)
REGISTERED OFFICE			Royds Enterprise		Park
			Future Fields
			Buttershaw
			Bradford
			BD63EW
REGISTERED COMPANY		NUMBER	02919781(England and Wales)
REGISTERED CHARITY NUMBER			1042233
AUDITORS			Thomas Coombs		Limited
			Statutory	Auditor
			Chartered	Accountants
			3365The	Pentagon
			Century Way
			Thorpe Park
			Leeds
			West Yorkshire
			LS15SZB
BANKERS			National Westminster			Bank PLC
			1Market	St
			Bradford
			BD11EG

					2023	2022
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes	6	f	6	6
INCOME AND ENDOWMENTS Donations and legacies	FROM		65,423		65,423	100,255
Charitable activities Landlord Community Centre Partnership			549,748 41,396 13,851	7,493 5,024	549,748 48,889 18,875	446,752 77,382 42,274
Total			670,418	12,517	682,935	666,663
EXPENDITURE ON
Charitable activities Landlord Community Centre Partnership		5	567,684 95,887 75	26,137 5,383	567,684 122,024 5,458	503,285 54,993 25,684
Total			663,646	31,520	695,166	583,962
NET INCOME/(EXPENDITURE)			6,772	(19,003)	(12,231)	82,701
Transfers between funds			9,444	(9,444)
NET INCOME/(EXPENDITURE)	AFTER TRANSFERS		16,216	(28,447)	(12,231)	82,701
RECONCILIATION OF FUNDS
Total funds brought forward			2,286,738	56,654	2,343,392	2,260,691
TOTAL FUNDS CARRIED FORWARD			2,302,954	28,207	2,331,161	2,343,392

					2023	2022
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes	E	E	E	E
FIXEDASSETS Tangible assets		12	105,767		105,767	105,192
Investments Investments		13	1		1	1
Social investments		14	3,294,446		3,294,446	3,327,708
			3,400,214		3,400,214	3,432,901
CURRENT ASSETS
Debtors		15	67,180		67,180	74,025
Cash at bank and in hand			268,211	28,207	296,418	288,102
			335,391	28,207	363,598	362,127
CREDITORS
Amaunts falling due within one year		16	(155,544)		(155,544)	(164,789(
NET CURRENT ASSETS			179,847	28,207	208,054	197,338
TOTAL ASSETS LESSCURRENT LIABILITIES			3,5$0,061	28,207	3,608,268	3,630,239
CREDITORS
Amounts falling due after	more than one year	17	(24,107)		(24,107)	(33,847)
PROVISIONS FOR LIABILITIES		20	(1,253,000)		(1,253,000)	(1,253,000)
NET ASSETS			2,302,954	2$,207	2,331,161	2,343,392
FUNDS		21
Free reserves (excluding	pension reserve)				155,740	106,837
Fixed asset reserve					3,400,214	3,432,901
Pension reserve					(1,253,000)	(1,253,000)
Restricted funds					28,207	56,654
TOTALFUNDS					2,331,161	2,343,392

			2023	2022 f
Cash flows from operating activities Cash generated from operations			129,798	214,569
Net cash provided by operating activities			129,798	214,569
Cash flows from investing activities Purchase oftangible fixed assets Purchase ofsocial investments Sale oftangible fixed assets			(30,148) (73,394)	(92,186) 2,469
Net cash used m investing activities			(103,542)	(89,717)
Cash flows from financing activities Loan repayments in year			(17,940)	(14,431)
Net cash used in financing activities			(17,940)	(14,431)
Change in cash and cash equivalents reporting period	in the		8,316	110,421
Cash and cash equivalents at the beginning the reporting period		of	288,102	177,681
Cash and cash equivalents atthe end reporting period	ofthe		296,418	288,102

	RECONCILIATION OF	NET (EXPENDITURE)/INCOME	NET (EXPENDITURE)/INCOME	TO NET CASH FLOW FROM OPERATING	ACTIVITIES
					2023	2022
					E	E
	Net (expenditure)/income forthe reporting Financial Activities)		period	(as per the Statement of	(12,231)	82,701
	Adjustments for: Depreciation charges Loss on disposal of fixed assets Loan interest				136,229 1,809	137,435 7,737
	Decrease/(increase)in (Decrease)/increase	debtors in creditors			6,845 (2,854)	(13,364/ 5,060
	Net cash provided by operations				129,798	224,569
2.	ANALYSIS OF CHANGES IN NET FUNDS
				At 1/4/22	Cash flow	At 31/3/23
				E	f	E
	Net cash
	Cash at bank and in	hand		288,102	8,316	296,418
				288,102	8,316	296,418
	Debt
	Debts falkng due within 1year Debts falling due after 1year			(17,000) (33,847)	6,392 9,740	(10,608) (24,107)
				(50,847)	16,132	(34,715)
	Total			237,255	24,448	261,703

Grants receiv	ve, are as follows	:
				2023	2022
				E
Iqckstart scheme Coronavirus lob Retention Scheme Coronavirus exceptional support	grant			6,167	224 100,031
				6,167	100,255
INCOME FROM CHARITABLE ACTIVITIES
				2023	2022
		Community		Total	Iotal
	Landlord	Centre	partnership	activities	activities
	E	E	E	E	E
Rents and hire income Cafe income Other income	454,262 69,756 25,730	40,021 3,866 5,002	18,875	494,283 73,622 49,607	397,091 57,001 112,316
	949,748	48,889	19,875	617,512	566,408
2022	446,752	77.382	42,274	566,408

CHARITABLE ACTIVITIES	CO	STS
			Direct	Support
			Costs (see	costs (see
			note 6)	note 7)	Totals
			E	E	E
Landlord Community Centre Partnership			561,184 122,024 5,458	6,500	567,684 122,024 5,458
			688,666	6,500	695,166
2022			x 576717	7.245	583,962
DIRECT COSTS OF CHARITABLE ACTIVITIES
				2023	2022
				E	E
Staff costs				271,255	215,647
Depreciation Consultant				136,229 7,620	137,435 8,417
Rates and utilities				54,895	46,235
Insurance				32,040	29,387
Repairs and maintenance Printing, postage &stationery IT,telephone lk internet Legal and professional fees Subscriptions Bank interest &charges Sundries				87,299 5,172 9,168 10,164 1,803 5,471 11,871	67,470 7,051 12,684 4,750 1,215 4,146 4,949
Cafe costs				45,653	23,771
Bad debts				5,367	5,823
Room hire costs				4,659
Loss on disposal oftangible		fixed assets			7,737
				688,666	576,717
SUPPORT COSTS
					Governance
					costs
					E
Auditors remuneration					6,500
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated after charging/(crediting):
				2023	2022
				E	E
Auditors' remuneration Depreciation - owned	assets			6,500 136,229	7,245 137,435

STAFF COSTS
		2023	2022
		E	E
Wages and salaries Social security costs Contribution to defined contribution	pension scheme	245,754 20,628 4,873	191,634 15,800 8,213

The average m	onthl	y number of employees during the year	was as follows:
			2023	2022
Management Administrative	and	support	2 9	2 8
				10

1.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	Unrestncted	Restricted	Tota I
			fund	fund	funds
			E	E	E
	INCOME AND ENDOWMENTS Donations and legacies	FROM	100,255		100,255
	Charitable activities Landlord Community Centre Partnership		446,752 33,674 9,728	43,708 32,546	446,752 77,382 42,274
	Total		590,409	76,254	666,663
	EXPENDITURE ON
	Charitable activities
	Landlord Community Centre Partnership		503,285 37,604	17,389 25,684	503,285 54,993 25,684
	Total		540,889	43,073	583,962
	NET INCOME BEFORE TRANSFERS		49,520	33,181	82,701
	Transfers between funds		4,645	(4,645)	82,701
	NET INCOME AFTER TRANSFERS		54,165	28,536	82,701
	RECONCILIATION OF FUNDS
	Total funds brought forward		2,232,573	28,118	2,260,691
	TOTAL FUNDS CARRIED FORWARD		2,286,738	56,654	2,343,392
12.	TANGIBLE FIXED ASSETS
			Fixtures
		Plant and	and	Motor
		machinery	fittings	vehicles	Totals
		E	E	E	E
	COST
	At 1st April 2022 Additions	323,808	319,572 30,148	13,000	656,380 30,148
	At 31stMarch 2023	323,808	349,720	13,000	686,528
	DEPRECIATION At 1st April 2022 Charge for year	308,584 3,807	239,760 23,166	2,844 2,600	551,188 29,573
	At 31st March 2023	312,391	262,926	5,444	580,761
	NET BOOK VALUE At 31stMarch 2023	11,417	86,794	7,556	105,767
	At 31stMarch 2022	15,224	79,812	10,2.58	105,192

SOCIAL INVESTMENT
				Social
				investments
				in
				property
				E
COST
At 1st April 2022 Additions				5,277,762 73,394
At 31st March 2023				5351156
DEPRECIATION
At 1st April 2022 Charge for year				1,950,054 106,656
At 31stMarch 2023				2,056,710
NET BOOK VALUE
At 31st March 2023
At 31st March 2022				3,327,708
DEBTORS'.AMOUNTS	FALLING DUE	WITHIN ONE YEAR
			2023	2022
			E	E
Amounts receivable in the ordinary Prepayments and accrued income		course ofactivities	45,816 21,364	34,211 39,814
			67,180	74,025

6.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR		2023	2022
					E	5
	Bank loans and overdrafts (see note 18) Creditors in the ordinary course of activities VAT Other creditors				10,608 62,052 13,978 30,726	16,999 51,930 14,056 47,936
	Accruals and deferred mcome				38,180	33,B6B
					155,544	164,789
7.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN			ONE YEAR
					2023
					F.
	Bank loans (see note 18)				24,107
8.	LOANS
	An analysis ofthe maturity	ofloans is given below;
					2023	2022
					E	5
	Amounts falling due within Bankloans	one year on demand			10,608	16,999
	Amounts falling between Bank loans - 1-2 years	one and two years:			10,162	15,906
	Amounts falling due between two and five years: Bank loans - 2-5 years				13,945	17,941
	The loans are secured by	legal charges over the	assets ofthe Charity.
19.	LEASING AGREEMENTS
	Minimum lease payments	under non-cancellable	operating	leases fall due as follows:	2023	2022
					E	6
	Within one year Between one and five years					2,577 3,701
						6,278
20.	PROVISIONS FOR LIABILITIES				2023	2022
					6	E
	Pension provision				1,253,000	1,253,000

MOVEMENT IN FUNDS
							Net
							movement	At
						At 1/4/22	in funds	31/3/23
						6	f	6
Unrestricted funds Free reserves (excluding Fixed asset reserve Pension reserve		pension		reserve)		106,837 3,432,901 (1,253,000)	48,903 (32,687)	155,740 3,400,214 (1,253,000)
Restricted funds
New Horizons Royds Befriending Service Well Being Cafe						41,571	(41,571) 9,995 14,512	9,995 14,512
Jer Lane						820	(820)
Lock Down Local Arts, Crafts, Trips Woodside Community Garden						290 1,921	(290) (470)	1,451
Social Prescribers						6,862	(6,862)
Lung Cancer Diabetes Health Check						5,190	(5,190) 2,249	2,249
TOTALFUNDS						2,343,392	(12,231)	2,331,161
Net movement m funds,		included		in the above are as follows:
					Income	Resources	Transfers	Movement
					received	expended		in funds
					E	6		6
Unrestricted funds
Free reserves (excluding		pension		reserve)	670,418	(527,417)	(94,098)	48,903
Fixed asset reserve						(136,229)	103,542	(32,687)
Pension reserve
Restricted funds
New Horizons							(41,571)	(41,571)
Royds Befriending Service Well Being Cafe Jer Lane					52 2,766	(4,485) (15,397) (820)	14,428 27,143	9,995 14,512 (820)
Lock Down Local Arts, Woodside Community Social Prescribers	Crafts, Garden		Tnps			(290) (470) (2,608)	(4,254)	(290) (470) (6,862)
Lung Cancer Diabetes Health Check					5,024	(2,775)	(5,190)	(5,190) 2,249
Covid Support Cost of	Living Crisis				1,500	(1,500)
Sports Youth and Community Warm Spaces DH			Centre		675 1,000	(675) (1,000)
Warm Spaces Woodside					1,000	(1,000)
Youth and Community		Chest	DH		250	(250)
Youth and Community		Chest	Woodside		250	(250)
TOTALFUNDS					~63

Comparatlves for movement	Comparatlves for movement	in funds
				Net
				movement	At
			At 1/4/21	in funds	31/3/22
			E	E	E
Unrestricted funds
Free reserves (excluding Fixed asset reserve	pension reserve)		(2,783) 3,488,356	109,620 (55,455)	106,837 3,432,901
Pension reserve			(1,253,000)		(1,253,000)
Restricted funds
New Horizons			16,736	24,835	41,571
Jer Lane				820	820
Lock Down Local Arts, Crafts,		Trips		290	290
Woodside Community Social Prescribers	Garden			1,921 6,862	1,921 6,862
Football and Flamenco			6,192	(6,192)
Lung Cancer			5,190		5,190
TOTAL FUNDS			2,260,691	82,701	2,343,392

Comparative net movem	ent in fu	nds, included in	the above are as follow	s:
			Income	Resources	Transfers	Movement
			received	expended		in funds
			E	E		E
Unrestricted funds
Free reserves (excluding Fixed asset reserve	pension	reserve)	590,409	(395,717) (145,172)	(85,072) 89,717	109,620 (55,455)
Pension reserve
Restricted funds
New Horizons			39,362	(14,527)		24,835
Ier Lane			1,496	(676)		820
Lock Down Local Arts, Crafts, Trips Woodside Community Garden Wibsey Park Exercise Social Prescrlbers			2,350 500 32,546	(317) (429) (1,440) (25,684)	607 940	290 1,921 6,862
Football and Flamenco					(6,192)	(6,192)
TOTALFUNDS				~839