S otland Communit Association
Page 1
Spotland Community Association Company limited by guarantee
Company Information at 31 March 2023
Directors
Mr Abdul Ghaffar Mr Mohammed Safdar Mr Mahmood Ahmad
Secretary Mr Mohammed Safdar
Registered Office
92-96 Spotland Road Rochdale OL12 6PJ
Bankers The Royal Bank of Scotland The Butts Rocdale OL16 1EY Company Number: 2247377 Charity Number: 1055809
Spotland Community Association Company limited by guarantee
Company Number 2247377
FINANCIAL STATEMENT FOR THE
YEAR ENDED 31 March 2023
Accountants
A . N & CO Accountants
& Tax Consultants 128A Spotland Road Rochdale OL12 6PJ
REGISTERED OFFICE
92-96 Spotland Road Rochdale OL12 6PJ
Spotland Community Association Company limited by guarantee COMPANY NUMBER 2247377 FINANCIAL STATEMENT FOR THE YEAR ENDED 31 March 2023
INDEX TO ACCOUNTS
| CONTENTS | PAGE NO. |
|---|---|
| INDEPENDENT EXAMINAR'S REPORT | 2 |
| REPORT OF THE DIRECTORS | 3 |
| PROFIT & LOSS ACCOUNT | 4 |
| BALANCE SHEET | 5 |
| NOTES TO THE ACCOUNTS | 6 - 7 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Trading and Profit and Loss Account. |
Page 2
1055809
Spotland Community Association Company Limited by Guarantee No. 02247377 Registered Charity No.
Anuual report and financial statments for the year ended 31 March 2023
Independent examiner's report to the Directors of Spotland Community Association
I report on the accounts of the company for the year ended 31 March 2023, which are set out on page 10 - 12.
Respective responsibilities of directors and examiner
The Trustees ( directors ) are responsible for the preparation of the accounts. The Trustees ( directors ) consider that an audit is not required for this year under section 144(2) of the Charties Act 2011 (the 2011 Act) and that an independent examination is needed
Having satisfied myself that the charity is not subject to audit under company law and is eligible for an independent examination, it is my responsibility to:
-
Examine the accounts under section 144 of the 2011 Act
-
To follow the procedures laid down in the general Directions given by the Charity Commission under sectiom 145(5) of the 2011 Act; and
-
•To state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance to the General Direction set by the Charity Commission. An examination includes a review of the accounting records kept by the company and a comparison of the accounts presented with those records. The examination also includes consideration of any unusual items or disclosures in the accounts, in addition to seeking explanations from you as directors in regard to such matters. These procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statment
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to belive that in any material respect the requirements:
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and
• to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
(2) to which, in my opinion, attention should be drawn to in order to enable a proper understanding of the accounts to be reached.
Nassar Ahmed Ghouri Consultant: FFA. FFTA. BA (Hons) Accountancy A.N & Co 128A Spotland road Rochdale OL12 6PJ
Date: November 2022
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Spotland Community Association Company Limited by Guarantee No. 02247377 Registered Charity No. 1055809 Anuual report and financial statments for the year ended 31 March 2023
Directors Report for the year ended 31 March 2023
The Directors, present their annual report and independently examined financial statement for the year ended 31 March 2023.
Structure, Governance and Management
The company is a company limited by guarantee and is governed by its Memorandom and Articles of Association.
Appointment of Directors
The Directors who served during the year, together with any changes up to the date of approving this report are listed on page 1.
Risk Management
T he Directors have undertaken a review of the major risks to which the company is exposed, and systems have been established to reduce those risks. Periodic review are made to ensure that the company continues to identify and mitigate any major risk that may arise. The Directors have indentified no major risks at this point in time.
Objectives and Activities
The company's objectives are:
• To further or benefit the residents of Spotland and Falinge in the borough of Rochdale, Lancashire and the surrounding areas. Without distinction based on sex, sexual orientation, race, age, religious or political opinions or other opinions by associating together with the aid residents and local authorities, voluntay and other orgnisation.
- To advance education and to provide facilities in the interest of social welfare for recreation, leaisure time occupation, with the objective of improving the conditions of life for the residents.
In futherance of these objectives, but not otherwise - the trustee shall have the power
• to establish or secure the establishment of a community centre, and maintain/manage the manitenance of such centre, co-operating with any satutory authority, managing activities promoted by the charity in furtherance of the above objectives.
The Directors consider that the public benefit arising from activity undertaken to advance the objects are mainly achieved by the development and increase in effectivness of the work by the company's members and others whom the company works with.
Directors Responsibilities
Company law requires the Directors to perpare financial statements for each financial year which gives a fair, clear and true view of the state of the company and the surplus or deficit of the company for that period. In preparing those financial statments the Directors have:-
-
Selected suitable accounting policies and applied them consistently.
-
Made judgements and estimates that are reasonable and prudent.
-
Stated whether applicable accounting standards have been followed, subject to any material depatures disclosed and explained in the finsncail statments.
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Prepared the financial statements on the going concern basis.
The Directors are responsible for keeping records which reveal with realistic accuracy the financial position of the company at any time in addition to enabling them to ensure that the financial statements comply with the companies Act 2006. They are also responsible for safeguarding the assets for the Company and hence for taking steps for the prevention and detection of fraud and other irregularities.
In so far as the Directors are aware:
- There is not relevant information of which the company's independent examiners are aware; and
• The directors have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the examiners are aware of that information.
Small Company Provisions
This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Compaines Act 2006.
Charity Provisions
The accounts comply with statutory requirements, the provisions of the governing document and the Statement of Recommended Practice for Charities issued in March 2005.
Approved by the Board and signed on its behalf by:
Signed by a Director Print name Mr Mahmood Ahmad Dated
Page 4
Spotland Community Association Company limited by guarantee Income & Expenditure Account For the Year Ended 31 March 2023
| Year Ended | Year Ended | ||||
|---|---|---|---|---|---|
| Notes | 31 March 2023 | 31-Mar-22 | |||
| Unrestricted | Restricted | Totals | Totals | ||
| Funds | Funds | ||||
| £ | £ | ||||
| Incoming Resources | |||||
| Voluntary Income | 2 | 68839 | 68839 | 80709 | |
| Other Income | 3 | ||||
| -------- | ------------ | -------- | |||
| Total incoming Resources | 68839 | 68839 | 80709 | ||
| ========== | ======== | ======== | ======== | ||
| Charitable Activiiees | 4 | 69487 | 69487 | 65647 | |
| Governance Cost | |||||
| ------------- | ------------ | ------------ | -------- | ||
| Total Resources Expended | 69487 | 69487 | 65647 | ||
| =========== | ======== | ======== | ======== | ||
| Net Incoming / Outgoing | -648 | -648 | 15062 | ||
| Resources before transfers | |||||
| Transfer between funds | |||||
| Net movement in funds | |||||
| Total funds brought forward | 7009 | 7009 | -8053 | ||
| -------- | ------------ | -------- | |||
| Totals funds carried forward | 6361 | 6361 | 7009 | ||
| ====== | ======== | ====== |
There are no recognised gains or losses other than as disclosed above.
There have been no discontinued activities or acquisitions in the current or preceding accounting period.
Page 5
| Spotland Community Association Company limited by guarantee Balance Sheet As At 31 March 2023 As At Notes 31 March 2023 £ £ Fixed Assets Tangible Assets 6 2209 Current Assets Debtors 7 Stock Cash at Bank 23289 -------- Total Current Assets 23289 Creditors Amount falling due within one year 8 623 -------- 623 -------- Total Assets Less Current Liabilities 24875 --------- Creditors-Amount falling due after more than one year 9 -------- Net Assets 24875 ====== Capital and Reserves Called up Share Capital 10 Profit and Loss account 11 24875 -------- 24875 ====== |
As At 31 March 2022 |
|---|---|
| 3319 1580 20949 -------- 22529 325 -------- 325 -------- 25523 --------- -------- 25523 ====== 25523 -------- 25523 ====== |
Audit Exemption Statement
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
these accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
the accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
Mr Mahmood Ahmad Director
Dated:
Page 6 Spotland Community Association Company limited by guarantee Notes To The Accounts For the Year Ended 31 March 2023
1: Accounting Policies
Basis of Preparation
The accounts have been prepared under the historical cost convention and in accordance with the Companies Act 2006.
Turnover
The turnover represents the invoiced value of goods supplied by the company after deduction of all allowances, discounts and excluding Value Added Tax.
Tangible Fixed Assets and Depreciation
Depreciation is provided on the basis calculated to write off the cost of the assets over their expected useful lives as follows:
2: Turnover
The turnover and profit before taxation are attributed to the one principal activity of the company.
| 3: Operating Profits | 2023 | 2022 |
|---|---|---|
| The operating profit is stated after charging: | £ | £ |
| Depreciation and Loss on Disposal of Tangible Fixed Assets | 1110 | 1110 |
| Staff Cost (note 4) | ||
| -------- | -------- | |
| 1110 | 1110 | |
| ====== | ====== | |
| 4: Staff Costs | ||
| Salaries | 32666 | 30484 |
| -------- | -------- | |
| 32666 | 30484 | |
| ====== | ====== | |
| 5: Taxation | £ | £ |
| UK. Corporation Tax based on the profit for the year | NIL | NIL |
| -------- | -------- | |
| NIL | NIL | |
| ====== | ====== |
Page 7 Spotland Community Association Company limited by guarantee Notes To The Accounts For the Year Ended 31 March 2023
6: Schedule Of Fixed Assets
| 6: Schedule Of Fixed Assets | |||
|---|---|---|---|
| Fixture & Fitting | Total | ||
| Cost : | £ | £ | |
| As at 01/04/2022 | 9979 | 9979 | |
| Additions | |||
| Disposals | |||
| -------- | -------- | ||
| As At 31/03/2023 | 9979 | 9979 | |
| ====== | ====== | ||
| Depreciation | |||
| As at 01/04/2022 | 6660 | 6660 | |
| Charge for the period | 1110 | 1110 | |
| -------- | -------- | -------- | |
| As At 31/03/2023 | 7770 | 7770 | |
| ====== | ====== | ====== | |
| Net Book Value | |||
| As at 01/04/2022 | |||
| As At 31/03/2023 | 2209 | 2209 | |
| ======== | ======= | ||
| 7: Debtors | 2023 | ||
| Sales A/C | 1580 | ||
| -------- | |||
| ====== | |||
| 8: Creditors (Amount falling | due within one year) | 2023 | |
| £ | |||
| Accruals | 623 | ||
| -------- | |||
| 623 | |||
| ====== | |||
| 9: Contingent Liabilities(Amount falling due more | than one year) | ||
| £ | |||
| Bank Loan | |||
| ====== | |||
| 10: Called Up Share Capital | 2023 | ||
| Authorised: | £ | ||
| 0 Ordinary Shares of £0 each | |||
| Allotted: | |||
| 0 Ordinary Shares of £0 each | |||
| 11: Profit and Loss Account | 2023 | ||
| Retained funds | 25523 | ||
| Net Incoming / Outgoing | -648 | ||
| ---------- | |||
| Total funds carried forward | 24875 | ||
| ======= |
Trad P&L
Page 6
Spotland Community Association Company limited by guarantee Income & Expenditure Account For the Year Ended 31 March 2023
2 Voluntry Income
| 2 Voluntry Income | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Totals 2022 | 2022 | |
| Rochdale MBC | 15000 | 15000 | 15680 | |
| RMBC Rent | 7086 | 7086 | 4400 | |
| WEA | 1800 | 1800 | 7668 | |
| HMRC JBS Grants | 0 | 0 | 12750 | |
| Big Lottery | 0 | 0 | 8240 | |
Ground Work |
9000 | 9000 | 13500 | |
| Action Togather | 20113 | 20113 | 6465 | |
TV Refund |
14 | 14 | 79 | |
| Crescent Nursery | 0 | 0 | 11427 | |
| Rochdale Trust | 0 | 0 | 200 | |
| Manchester Food Bank | 120 | 120 | 300 | |
| London College | 90 | 90 | 0 | |
| Maverick Lab | 800 | 800 | ||
| Unlimited Potential | 300 | 300 | ||
| EON Refound | 43 | 43 | ||
| SFH | 5625 | 5625 | 0 | |
| Manchester School | 240 | 240 | ||
| RBH Trust | 6608 | 6608 | ||
| Salford food bank | 2000 | 2000 | 0 | |
| Other | 0 | 0 | 0 | |
| 68839 | 0 | 68839 | 80709 |
3 Income from trading
| 3 Income from trading | ||||
|---|---|---|---|---|
| Unretricted | Restricted | Totals | ||
| Room/Furniture hire | 0 | 0 | ||
| 0 | 0 | 0 | 0 | |
| 4 Charitable activities | ||||
| Unrestricted | Restricted | Totals 2022 | 2021 | |
| Salary& NI Contributions | 32666 | 32666 | 30484 | |
| Rate,Waste Ch & Water Ch | 1060 | 1060 | 918 | |
| Heat & Light | 6517 | 6517 | 4690 | |
| Insurance | 1156 | 1156 | 905 | |
| Telephone | 446 | 446 | 643 | |
| Postage & Stationery | 0 | 0 | 183 | |
| Professional fee | 19225 | 19225 | 17094 | |
| AccountingFee | 523 | 523 | 584 | |
| Repair & Renewal | 3838 | 3838 | 2429 | |
| Computer Equipment | 2946 | 2946 | 1914 | |
| Sundries | 0 | 0 | 0 | |
| Cleaning | 0 | 0 | 0 | |
| Fixture & Fitting | 1110 | 1110 | 1110 | |
| Project WEA | 0 | |||
| Totals Outgoing | 69487 | 0 | 69487 | 60954 |
This page does not form part of the statutory accounts.
Page 12
Spotland Community Association Notes To The Accounts For the Year Ended 31 March 2023
1: Accounting Policies
Basis of Preparation
The accounts have been prepared under the historical cost convention and in accordance with the Companies Act 1985.
Turnover
The turnover represents the invoiced value of goods supplied by the company after deduction of all allowances, discounts and excluding Value Added Tax.
Tangible Fixed Assets and Depreciation
Depreciation is provided on the basis calculated to write off the cost of the assets over their expected useful lives as follows:
Fixture & Fitting 10% Computer Equipment 10%