MOORDALE COURT COMPANY LIMITED Acom an limited b Guarantee REGISTERED CHARrrY NUMBER: 1046293 COMPANY NUMBER: 03039032 FINANCIAL ACCOUNTS FOR THE YEAR ENDING 31st MARCH 2025 DRAYCOTT & KIRK LLP CHARTERED CERTIFIED ACCO 92 Westgate Guisborough Cleveland TS14 6AP NTANTS RDALE CO RT COMPANY LIMrrED COPAPANY INFORMATION FOR THE YEAR ENDED 31st MARCH 2025 Address 4 Moordate Court Lingdate Saltbum by the Sea Cleveknd TS12 3DX countants Drayeott & Kirk LLP Chartered certrf￿ A(xountants Clevelarkd House 92 Westgate Guisborough CLEVELAND TS14 &AP Rgg. Chaiity No. 1046293 Company number 3039032 Page 1 RDALE CO RT COMPANY UMITED TRUSTEES ANNUAL REPORT FOR THE PERIOD T APRIL 2024 TO 31ST MARCH 2025 Names of Charity trustggs (WI￿ aro also directorn) who manag• th& chaiity Mrs P A Parry Mr G Arnold Ms N Oliver {From 31110123) (From 311101231 Structure. govemanco and managemont Goverrling doctJffEnt'. Constitution of the charity.. Trustee selection methods.. Memorandum and arlides of association. Company Itmited by guarantee and registered charity. By Committee. Objectives and activities The principal activity of the company Èn the year urxler ￿VieWwaS that of a residential home. Tl* rjiaritable obie¢bves of the Company are the relief of persofts leaming drfficulties by Ihe provision of rente accommodation enablirYJ suth persons to have the opportunrty of irKlependent livirwj. Summary ofthe maln activitlos In relation to pU￿Se$ for thg Public Bonofft - The provision of rented acconmn￿atso￿ to (tr￿r￿ leamw drfficunies. - The provision of an amenty building for yse by Iwal groups by artarymenl. The Trustees have had reguard to The gUKlefi￿ iSSLEd by Tle Charity Commission on Publtc tent:fit.P25 Achlavaments and parforn￿n¢8 The company athieved its objectives for the year of running a residenlial home kn persons ￿lIh le8miThJ dtfficullies, il Wds abÈ to make a small surplus, Ihanks to bght m￿ry control. R666pies pollcy The charity aims to keep an 8mounl of f¥Jnds ￿ reserve to at least ￿Ver three months costs. Flnan¢ial revlow The directors conflmi that.. - The funds have been applied to meet the charitable obFctNes. - The asse15 are held to meet these objectives. - The funds are s5Jffirienl lo meet the obl￿at10r￿ and are W in aL¥j)rdan￿ %%fjlh the dlTecto po%%ers. The ftjnding dependent upon the o)ntinuing suppt*t of Redcar & CkvelaTrJ BorwJh Courril. The report has been prepared in accordan(t knith Ihe Ststemil of Recommended Prac11￿.. Accountsr g and Reporting by Charities and in ac(x)rdanc£ wilh tt* speoal provisiorts of part 15 of the Compan￿$ Act..￿6 relating to small companies. The trustees d¢¢larn they have approvad the tTUStegS' rnport al)ovg. SIg￿d on bghakt ot the ¢harlty's Irusteos Slgnature Full Namo Posltlon Director Dated Page 2 Inde endent Examinefs Re rt to the Trustees of Moordale Court Com Li￿1 I report on the accounts of the company for the year ended 31st Marth 2025 thich aTr: set oul on pages 4t06 Respective responslbllities of tr￿SteeS and examiner The trustees {who are also the directors of Ihe company for the purpyjses of company lawl are Fesponsible for the preparation of the accounts. The trustees c()nsider that an audit is not required for this year under sethon 144{2) of the Charibes Act 2011 (the 2011 Ad) and thal an inéependent examination is needed. Having satisfied myself that the charity is not subject to audtt under company law and is eligible for independent examination. it is my reSp￿sibilty to- examine the accounts under section 145 of the 2011 Act - follow the procedures laid down in the general Directions given by the Charity Conimission under section 145{5)(bl of the 2011 Act, and - stste whether particular rnatters have come to my attention. Basis of Independent examinees report My examinatton was carried out in accordan￿ with the general Directtons given by tre Charity Commission. An examination includes a review of the accounting records kept by th*: charity and a comparison of the accounts presented ¥Mth those records. It also includes consideraion of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees I￿n¢emIng any such matters. The procedures undertaken do nol provide all the eviden￿ that would te required in an audit and consequentty no opinion is given as to vthether the acrnunts present a "trui! and fair vie and the report is limrted to those matters set ¢JJt in the statement below. Independent examinerfs ststement In connection with my examinats"on, no matter has u)me to my attention 1 - which gives me reasonable cause to believe that, in any material respecL the rec uirements: - to keep accounting records in accordance with secbon 386 of the Companies I,ct 2006., and - to prepare accounts which accord with the accounting records, comply wth the accounting reqU1￿MentS of section 3￿ of the Companies Act 20{￿ and V￿th the meth¢xls and prinaples of Ihe Ststement of Recommended Pra￿l¢e.. Accounting and Rewrting by Charilies have not been met; or 2 - to which, in my opinion, attent'on should be drawn in order to enable a proper understanding of the accoun eached. C N Mason F C.C.A. Chartered Certified Accountant Draycott & Kirk LLP Cleveland House 92 Westgate Guisborough TS118BP Date Page 3 MC)ORDALE COURT COMPANY LIMITED ststement of Financial Activities for the ear ended 31st March 2C25 Note Unrestricted Restricted Funds Funds Total Funds Incomin Resources 2024 Contributions Grants Interest received 258.915 258.91&' 1.92fTr 2.73Éi 263.57-' 248,701 1,926 2.736 261,651 2.933 251,634 Total Incomin Resources 1,926 Ex nditure Direct charitable expenditure Provisions & allowance Rent, rates & water Insurance Light & heat Wages Training Telephone Post, stationery & advertising Motor & travel Repairs & renewals Cleaning & sundry Accountancy Professional fees 8ank charges Depreciats'on 8,508 9.590 3.208 6,023 219,456 240 1.580 305 1.672 2,080 8,50,3 9,131 8,784 2,753 4,371 200,745 780 958 20 641 1,122 4,135 1,381 3.116 174 234 3,203 6,023 219,45) 24) 1,58J 305 1,672 2,382 4,644 1,208 5.034 179 3,513 302 1,206 3.410 179 3,513 1.624 Total Ex nditure 265,614 1,926 267,540 238,345 Transfers between funds Net lncom1n￿oUtg0lng Resources Total funds brought foward Total funds carried forward (3,963) 120.916 (3,9E,3) 120,9'6 13.289 107,627 116,953 116,9¥j3 120,916 Page 4 MOORDALE COURT COMPANY LIMITED Balance Sheet as at 31st March 2025 NOTE 2025 2024 FIXED ASSETS Fixtures & Equipment 11,377 1,325 CURRENT ASSETS Prepayments Bank AccoLtnt Cash In Hand 2,225 107,501 625 1,399 121,304 639 110.351 123,342 121.728 124,667 CURRENT LtABILrnES: ble within 1 ar Cred¢tors & Accruals 4,775 3,751 4.775 3,751 NET ￿$sET$ 116.953 120,916 FUNDS Unrestricted Funds 116.953 120,916 Restricted Funds 116.953 120,916 For the year ending 31 st March 2024 the company was entiugj to exemptson from aucit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilitie5'. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476", The directofs acknowledge their responsibilities ft)r complytng with the requirements ()f the Act wtth respect to accounting records and the preparation of aco)unts. The financial statements have been prepared in a¢￿[dan￿ with the provisions of the Companies Act 2006 relating to samll CoMpan￿s. These Financial Statements we pproved b the Diroctoys on Signed Full name Oirecior Page 5 MOORDALE COURT COMPANY UMITED Notes to the Accounts for tho ear ended 31st March 2025 1. General Infomiation and basis of re ratlon The Charity is limited by Guarentee and registered in England and Wales. Ttre Companys registered number and Charity number and principal address are di￿10$ed on the Com ?any Information page. The charity constitutes a public benefft entity as defined by FRS 102. The findncial ststements have been prepared in accordance Accounting and Reporting by Charities.. Stame'it of Recommended practice applicable to charities preparing their accounts in accordance wth tre Financial Reporting Standard applicable in the Uk and Republic of Ireland (FRS 102) issued on 1 S July 2014 (as updated through update bLtlletin 1 publish on 2 February 2016), the Financial Reportir g Standards applicable in the United Kingdom and Republic of Ireland (FRS 102) and UK Generally ticcepted practice as it applies from 1 January 2015. The charity has applied update bulletin 1 as published on 2 February 2016 aT)d does not include a cash flow statement on the grounds it is applying FRS 102 Section 1A. The Financial statements are prepared on a going concern basis under the k.istorical cost convention. The Financial statements are presented in sterling which is the fvnctional cuirency of the charity and rounded to the nearest pound. The signfficant accounting politys applÉed in the preparation of Ihe financial :"tatements are set out These policies have been applied to all years shown unFess other￿1$e stated. The charity adopted SORP (FRS 102 in the Current year and no transition adjustments were required. Funds Unrestrided funds are available for use at the discretion of the trustees in fuitherance of the general objectives of the tharity and which have not been desTrgnated for other purpcses. Restricted funds are funds which are to be used in accordance with spectfic -estrictions imposed by donors or which have been raised by the tharity for parts"cular purposes. The cost of raising and administrating such funds are charged against the specific fund. The aim an.J use of each restricted fund is set out in the notes to the accounts. All grants and volurrtary income are accounted for gross N**)en receivable, a > long as they are capable of financial measurement. All expenditure is accounted for including VAT when incurred. Provision for depreciation of fixed assets held for use by the Charity is made at annual rates calculated to spread the cost (less anticipated residual disposable value) of each asset evenly over its expected useful life. The depreciation rates currently in use for fixec assets held for use by the Gharity are 15% on reducing balance basis for fixiures & equipment ¢nd 250k on reducing balance basis on Motor Vehicles. Reserves policy". The directors have considered the level of reserves needeil in order to maintain the ongoing activities of the Gharity. The directors consider that an amount representing three months running costs are advisable. Page 6a RDALE COURT COIIP Y UMITED Aeeounts for the 31st IAarch 2025 2 Contrlbutlon 202 RCBC 248.701 248.701 248.701 248.701 3 Grant 2025 Digital Soaal CaTe Reco¥ds Gtamt 1.926 1.926 Iblo Flxed Assets Motor vehicle5 Fixtures & UL Totsl Cost at 1st April 2024 Additions dullng the yeai Grant Cost at 31st March 2025 27.61M 27.604 13.565 12,795 12.795 28.374 41.169 Depre¢ialion at 1 st April 2024 Deprerialion ft>r the year 26.279 314 26,279 3,513 3,199 Depreclation at 31st Mayeh 2025 3.199 26.593 29,792 Not book value at 31st March 2025 9.5 1,781 11.377 Ne* b(bok value at 31st Marth 2024 1.325 1.325 Trdnsler5 Incomlng betsvetn funds o￿TrIng balance Outgoing Cfosin balancg Unr¢strICt￿ funds 120.916 261,651 265.614 116,953 Re3trictod Funds 1,926 1.926 The reslricied fund is made of one grant. "Dwital social care reo)rds granf to IEEp towards care cxjrtrol Costs, this is an online platlomi allowng us to our care records in the do￿1. funds Fixed assels Current assets Current liabilities 11.377 110.351 14.7751 11.377 110,351 14.775) 116.953 116.953 Page 6b MOORDALE COURT COMPANY UMITED Notes to the Accounts for the ear ended 31st March 2025 6 Transactions with trustee's and connec rsons During the year there was no transaclions wth trustees or conne(Xed persons. 7 Trustee indemn insurance During the year, m Insuran￿ was purchased to indemnify Irustees against de.ault on their part. 2025 2024 8Em ee costs 219.￿ 200,745 15 staff were employed by the company (2024- 15). No staff were paid in exG*s of £60,000. 9 Control The cDmpany is under the control of the dir￿Irs. Page 6c