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2025-03-31-accounts

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TANKERSLEY COMMUNITY ASSOCIATION | REGISTERED IN ENGLAND AND WALES UNDER COMPANY NUMBER 3120019 REGISTERED CHARITY NUMBER 1051008

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ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

TINGLE ASHMORE LTD CHARTERED ACCOUNTANTS SHEFFIELD

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TANKERSLEY COMMUNITY ASSOCIATION _ ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

INDEX

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|||||||||| |---|---|---|---|---|---|---|---|---| |Trustees'|Annual|Report|1-3| |Independent|accountants report|4| |Statement|of financial|activities|and|income|and|expenditure|account|§| |Balance|sheet|6| |Principal|accounting|policies|7-8| |Notes to the financial|statements|9-13|

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TANKERSLEY COMMUNITY ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 TRUSTEES’ ANNUAL REPORT

The trustees present their annual directors’ report and the unaudited financial statements of the charity for the year ended 31st March 2025 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

Objectives and activities

The objects of Tankersiley Community Association are any charitable purpose for the benefit of the residents of Tankersiey in Barnsley and adjoining parishes and in particular to keep open the Tankersley Community Centre.

The objects are achieved by way of hall hire, fund raising, donations and grants.

The work carried out by the Association is made possible due to the support given to it by its unpaid volunteers.

Achievements and performance

During the year ended 31st March 2025, Tankersley Community Association once again fulfilled its objects by keeping open the community hall for the benefit of the residents of Tankersley.

Financial review

Income increased significantly over the year to £96,258, mainly due to grant funding towards the cost of the kitchen refurbishment and installation of solar panels. Expenditure, excluding the cost of the fixed asset additions, was nearly £4,000 higher than last year as there was extra spending on events.

There was a net surplus for the year of £53,763, although this includes nearly £37,000 of grant funding which was spent on fixed asset additions.

The charity's fund balances increased to £141,879 at 31st March 2025 of which £40,650 are restricted funds representing the net book value of fixed assets acquired using restricted grants or remaining funds to be spent next year. The charity's reserves increased by nearly £10,000 to £85,114.

Reserves policy

The minimym level set by the Trustees for reserves is £100,000, approximately one year’s basic running costs and a contingency for building maintenance and repair.

Principal funding sources

The principal source of funding is from hall hire and the sale of refreshments.

Risk management

The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate the exposure to major risks.

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TANKERSLEY COMMUNITY ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 TRUSTEES' ANNUAL REPORT

Structure, governance and management Governing document

Tankersley Community Association is a company limited by guarantee governed by its Memorandum and Articles of Association. It is also registered as a charity with the Charity Commission. In the event of the charity being wound up members are required to contribute an amount not exceeding £1.

Appointment of trustees

The directors of the company are also charity trustees for the purpose of charity law. The trustees have the power to co-opt any suitably qualified individual either to fill a vacancy or as an additional trustee.

Organisation

The charity is organised so that the trustees meet regularly to manage its affairs.

Public benefit

The trustees have paid due regard to the Charity Commission's guidance on public benefit.

Reference and administrative details
Charitynumber 1051008
Companynumber 3120019
Name and registered office TankersleyCommunityAssociation
Pifley Lane, Tankersley, Barnsley, $75 3AP
Our advisors:
Accountants TingleAshmore Ltd
Chartered Accountants
Enterprise House, Broadfield Court, Sheffield, $8 OXF
Bankers National Westminster Bank pic
1 Victoria Place, Holbeck, LS11 5AN
Directors and trustees MrJ Hopkinson
Mrs J Hopkinson
MrD Crossley
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MrM Coy - appointed 11th February 2025
MrW Jones - appointed 11th February 2025
Mrs $ Scotthorne - appointed 11th February 2025
Companysecretary MrsJHopkinson

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TANKERSLEY COMMUNITY ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 TRUSTEES' ANNUAL REPORT

Responsibilities of the trustees in relation to the financial statements The trustees (who are also directors of Tankersley Community Association for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Agcounting Practice).

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared taking advantage of the small companies exemption of section 415A of the Companies Act 2006.

The Annyal Report was approved by the trustees on {Ht [AL...... and signed on their behalf by

wl Jonas - Secretary

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TANKERSLEY COMMUNITY ASSOCIATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
TANKERSLEY COMMUNITY ASSOCIATION
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| report to the charity trustees on my examination of the accounts of the company for the year ended 31st March 2025 which are set out on pages5 to 13.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

  1. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or

  2. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Be Moe Brendan Ashmore ACA

Dated : M4125

Tingle Ashmore Ltd Chartered Accountants Enterprise House Broadfield Court Sheffield S8 OXF

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TANKERSLEY COMMUNITY ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT

Unrestricted Restricted Total Total
funds funds funds funds
Notes 2025 2024
£ £ €£ £
income:
Donations 1 1,010 866 1,876 1,570
Charitable activities 2 32,253 43,550 75,803 38,730
Othertrading activities 3 18,579 - 18,579 15,189
Total income 51,842 44,416 96,258 55,489
Expenditure:
Raising funds 4 14,258 1,890 16,148 12,753
Charitable activities 5 18,979 7,368 26,347 25,826
Total expenditure 33,237 9,258 42,495 38,579
Net incomeforthe year 6 18,605 35,158 53,763 16,910
Balances brought forward at 1st April 2024 82,624 5,492 88,116 71,206
Balances carried forward at31st March 2025 £101,229 £40,650 £141,879 £88,116
on
mad
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The Statement of Financial Activities includes all gains and losses recognised in the year. Allincome and expenditure derive from continuing activities.

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TANKERSLEY COMMUNITY ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 BALANCE SHEET

Notes 2025 2024
£ £ £
Fixed assets
Tangible assets 8 52,388 9,135
Current assets
Stock
Debtors
9 1,063
844
900
957
Cash at bankandonhand 88,484 77,964
90,391 79,821
Liabilities
Creditors - amounts falling due within one year 10 900 840
Net current assets 89,491 78,981
Net assets £141,879 £88,116
ee ——
The funds ofthe charity
Unrestricted income funds 11 101,229 82,624
Restricted income funds 11 40,650 5,492
Tota! funds 12 £141,879 £88,116
ban

For the year ending 31st March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Trustees' responsibilities:

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These financial statements have been prepared in accordance with the provisions applicable to companies subject to the smail companies’ regime. These financial statements were approved and authorised for issue by the Board on TYG IL...

and signed on their behalf by

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peseeees Try eee Mr W Jones
Director
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Company number : 3120019

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TANKERSLEY COMMUNITY ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 PRINCIPAL ACCOUNTING POLICIES

Tankersley Community Association is a company limited by guarantee registered in England and Wales. in the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity information on page 2 of these financial statements.

These financial statements have been prepared under the historical cost convention and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice.

Tankersley Community Association meets the definition of a public benefit entity under FRS 102.

The signifigant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Going concern

The financial statements have been prepared on the going concem basis as the trustees believe that there are no material uncertainties.

Income recognition

All income is accounted for as soon as the charity has entitlement to the income, there is certainty of receipt and the amount can be measured.

Grants receivable

Grants in respect of revenue items are written off to the income and expenditure account in the period to which they relate. Grants in respect of specific projects are credited to a restricted fund, against which relevant expenditure is charged.

Other income

Donations and gifts in kind are accounted for when received by the Association with gifts in kind being valued at a reasonable estimate of their value to the charity. Other income is accounted for on an accruals basis, as far as it is prudent to do so.

Expenditure recognition

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Expenditure is recognised whena liability is incurred.

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TANKERSLEY COMMUNITY ASSOCIATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
PRINCIPAL ACCOUNTING POLICIES
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Tangible fixed assets and depreciation : Depreciation is provided at the following annual rates in order to write off the cost of each asset over its estimated yseful life. Building improvements Straight line basis over the remaining lease term Fixtures, fittings and equipment 25% reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price.

Debtors

Trade and other debtors are recognised at the settlement amount due after any discount offered.

Creditors

Creditors are recognised when the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.

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Fund accounting

Funds held by the charity are either.-

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TANKERSLEY COMMUNITY ASSOCIATION _ ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 NOTES TO THE FINANCIAL STATEMENTS

Unrestricted
funds
Restricted
funds
Total
funds
Total
funds
2025 2024
£ £ £ £
1 Donations
Donations 1,010 - 1,010 704
In kind funding ofinsurance - 866 .
866
866
£1,010 £866 £4,876 £1,570
—S—_ ———— alee
2 Charitable activities
Grant income
BamsleyMBC
- 32,112 32,112 2,000
Sheffield City Council - 7,632 7,632 -
Town Parish Council - - - 3,328
Hanging baskets - 3,806 3,806 3,276
Hall hire 32,253 - 32,253 30,126
£32,253 £43,550 £75,803 £38,730
———S—S—— ————— = ——S—S—-
3 Othertrading activities
Tea and coffee afternoons 2,325 - 2,325 2,051
Sale ofrefreshments 14,092 - 14,092 11,915
Events income 2,162 - 2,162 1,223
£18,579 £- £18,579 £15,189
=—— = —_
4 Raising funds
Cost ofrefreshments 6,650 - 6,650 7,633
Directevents costs 7,608 1,890 9,498 §,120
£14,258 £1,890 £16,148 £12,753
Ss bt So SS
5 Charitable activities
Insurance 465 866 1,331 1,318
Lightand heat
Rates
,
5,043
703
-
-
5,043
703
8,606
946
Repairs, renewals and sundry equipment 5,114 - §,114 4,158
Hanging baskets - 3,598 3,598 3,328
Website and marketing 214 - 214 149
Broadband 690 - 690 543
Printing, postage, stationeryand telephone 78 - 78 107
Cleaning and sundryexpenses 1,657 - 1,657 2,516
Professiqnal fees and licences 1,380 - 1,380 180
Depreciation and losson disposal 2,735 2,904 5,639 3,135
Governance costs -accountancy 900 - 900 840
£18,979 £7,368 £26,347 £25,826
—S—— So eae —=

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TANKERSLEY COMMUNITY ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 NOTES TO THE FINANCIAL STATEMENTS

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2025 2024
£ £
6 Netincome forthe year
This is stated after charging:-
Depreciation 5,639 3,046
Losson disposal
Accountancyand independent examination
-
900
—=—
89
840
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ThereNo trusteesare noreceivedpaid staff.remuneration or were reimbursed for expenses. during either year.

8 Tangible assets

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Tangible assets
Fixtures,
Building _fittingsand
improvements equipment Total
£ £ £
Cost
As at 1stApril2024
Additions
39,658
14,274
25,019
34,618
64,677
48,892
As at 31stMarch2025 53,932 59,637 113,569
Depreciation
As at 1stApri!2024
Charge for the year
39,658
1,241
15,884
4,398
55,542
5,639
As at 31st March 2025 40,899 20,282 61,184
Net book value
As at 31st March 2025 £13,033 £39,355 £52,388
= aea
ns
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TANKERSLEY COMMUNITY ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 NOTES TQ THE FINANCIAL STATEMENTS

2025 2024
£ £
9 Debtors
Trade debtors 507 -
Prepayments - 337 957
£844
=
£957
=—
10 Creditors -amounts falling due within one year
Accruals
£900 £840
= ==
11 Total funds
Balance at Movement in resources Transfers Balance at
1st April Incoming Outgoing 3tst March
2024 2025
£ £ £ £ £
Unrestricted funds
General funds 82,624 51,842 (33,237) - 101,229
Restricted funds
Equipment 2,216 - (2,904) 36,961 36,273
Hanging baskets 3,276 3,806 (3,598) - 3,484
BarnsleyMBC:
SheffieldCityCouncil
-
-
32,112
7,632
(1,890)
-
(29,329)
(7,632)
893
-
in kindfunding - 866 (866) : -
Total restricted funds §,492 44,416 (9,258) - 40,650
Totalfunds £88,116
;————
£96,258
FE—
£(42,495)
—ae
£-
===
£141,879
=

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The general funds are not restricted for any particular purpose and are available to achieve the objects of the Association in keeping open the Community Hall for the benefit of all the residents of Tankersley.

The equipment restricted fund represents the net book value of fixed assets acquired using restricted grant income.

The Hanging basket fund is monies received to arrange hanging baskets on lamp posts in the village. The balance carried forward is funds received in advance towards the cost of the following year's baskets.

Grants were received from Barnsley MBC for Kitchen improvements (£28,712), to fund an outdoor cinema (£2,400) and for grounds improvement (£1,000). The transfer in the year relates to expenditure on fixed asset additions, with the balance carried forward being funds to be spent in 2025/26.

The grant from Sheffield City Council was a contribution towards the cost of the solar panels.

The in kind funding comprises £866 for the fire and building insurance premium paid by Barnsley Council.

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TANKERSLEY COMMUNITY ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 NOTES TO THE FINANCIAL STATEMENTS

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11 Total funds (continued)

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11|Total funds (continued)||||;||| |---|---|---|---|---|---|---|---| |||Prioryearcomparison||||||| |||Balance at||Movement|in resources|Transfers|Balance at| |||1stApril||Ingoming|Outgoing||31stMarch| ||||2023||||2024| ||
£
£
£
£
£|||||||| |)
Unrestricted funds|||||||| ||
||Generalfunds
.|70,228||46,019
——|(33,623)
—|-
—|82,624
gee| |||||||||| |:|Restricted funds||||||| |||Equipment||978|-|(762)|2,000|2,216| |||BMBCWard Alliance Grant||.|2,000|-|(2,000)|-| ||Hangingbaskets||-|6,604|(3,328)|-|3,276| ||In kind funding||-|866|(866)|-|-| ||Total restricted funds||978|9,470|(4,956)|-|5,492| ||||——|SE|————|——|[yeaa| ||Total funds|£71,206||£55,489|£(38,579)|£-|£88,116| |.||—— ——}||——————|——|=|————| |12|Analysis ofnet assetsbetween funds||||||| ||||||Unrestricted|Restricted|Total| ||||||funds|funds|funds| ||||||£|£|£| ||Fund balances at31st March 2025 are||represented|by:-|||| ||Fixed assets||||16,115|36,273|52,388| ||Net current assets||||85,114|4,377|89,491| ||Net assets||||£101,229|£40,650|£141,879| ||||||—SSa—=|—————|——| ||Prioryear comparison||||||| ||Fund balances at31st March 2024were represented by:-||||||| ||Fixed assets||||6,919|2,216|9,136| ||Net current assets||||7§,705|3,276|78,981| ||Net assets||||£82,624|£5,492|£88,116| ||||||=|===|Sa|

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TANKERSLEY COMMUNITY ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 NOTES TO THE FINANCIAL STATEMENTS

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13 Adetailed breakdown of the 2024 statement of financial activities between unrestricted and restricted funds is as follows:

funds is as follows:follows:
Unrestricted Restricted Total
funds funds funds
2024
£ £ £
Income:
Donations 704 866 4,570
Charitable activities 30,126 8,604 38,730
Othertrading activities 15,189 - 15,189
Total income 46,019 9,470 55,489
Expenditure:
Raising funds 12,753 - 12,753
Charitable activities 20,870 4,956 25,826
Total expenditure 33,623 4,956 38,579
Net income forthe year £12,396 £4,514 £16,910
—= =

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