Riccall entre RICCALL REGEN 2000 FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Company reglslratlon number 3905959 Charity number: 1075776 RICCALL REGEN 2000 INDEX PAGE REPORT OF THE DIRECTORS INDEPENDENT EXAMINER'S REPORT 23 CONSOLDATED STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT 24 CONSOLIDATED BALANCE SHEET 26 BALANCE SHEET 27 NOTES TO THE ACCOUNTS 28-40 MANAGEMENT SNFORMATION DETAILED INCOME AND EXPENDITURE ACCOUNT 42-43 RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 The trustees who are also the directors of the charity for the purposes of the Companies Act, present their annual report and unaudited accounts of the company for the year ended 30 June 2024. The Irustees have adopted the provisions of the Statement of Recommended PractlC8 (SORP) "Accounting and Reporting by Charities" in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounls and comply with the charity's governing document, the Charilies Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Praclice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019. OBJECTIVES AND ACTIVITIES Charltable objectlves The charities oblects are speclfically restrlcted lo the following, In each case only for the publlc beneflt,. to promote for the benefit of the residents of Riccall Parish and adjoining Parishes {"the Community") without distinctlon of age, gender, race including colour, nationality, ethnlc or national origln, rellglon or belief. sex, sexual orientation, or disability, by associating together the said residents and the local authorities, voluntary, and other organisations, in a common effort to advance education and to provide facilities in the interests of social welfare, for recrealion and other leisure-time occupation with the object of improving the conditions of life for the said residents; and to maintain and manage a community centre, enabling a wide range of activities, events and opportunities to take place, for the benefit of the Community, as detailed above The trustees have due regard to the Charity Commission's guidance on public benefit and ensure that the activities of Ihe organlsation meet those requlrements, Voluntary Help Volunteers continue to be an important part of our organlsation and we depend on their goodwill on an ongoing and ad hoc basis. Traditional activities, social and fundraising evgnls could not happen without volunteer's time and effort. Volunleers continue to help with catering, receplion and carrying out all aspects of financial and accounting procedures. ACTIVITIES AND PERFORMANCE July, August, September 2023 The Regen Centre 15 8 wonderful community asset, and we continue to work hard lo ensure it remains that way for the future. Wlndmlll Nursory The Nursery had been struggling for some time, and the financial position of the Nursery, and the Regen Centre in general, Is whal led to Iho Regen Board approaching Up for Yorkshire for help and support. On top of financial pressures, the Nursery has had to face ongoing juggles and complications with staff changes, shortages and sickness. For almost a year we have been working to try and resolve ongoing issues and turn the Nursery around, doing everything we can to find a solution and sustainable way forward. This included exploring the option of a sale of the nursery. However, after three-months of attempting to sell, it became clear that this was not going lo happen. Two separate businesses were very interested in taking the nursery on, but after closer inspection of the size, scale and financial expectations of the nursery, they pulled out, stating that il would not be a viable concern. After exhausting all possibilities we reached the point where there was no alternative but to close the Nursery. This was not a decision we reached lightly, but it became more and more apparent that the constant drain on time, energy and finances from the nursery was in fact putting the rest of the centre at risk. The Regen 2000 truslees and the Up for Yorkshire trustees agreed. RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) We have navigated the closure process as carefully and sensitively as we possibly could. Supporting staff and families throughout and lowards the most positive outcome possible for everyone. staffing The Closure of the nursery, and the other three redundancies made earlier in the year, means that the Cenlre Manag8r is the only member of staff with a permanent contract at the Regen Centre. We also employ a number of ad-hock staff to help with evonts. This has obviously helped hugely with cost savings in the short lerm, bul is not a long-term solution. with a lot needing to be covered al the cenlre. and needing more time for strategic development. Weddlng Marketlng We are now using new marketing material for our weddings, creating a fresh and modern feel lo the offer available at the centre. Leaflets, posters and a new more concise brochure are helping us to maximis8 the reach and appeal. ings Famlly fun afternoon and Fun Falr On Saturday 81h July, as part of a 4-day Fun Falr onslle, we ran a Family Fun Day. This was a wonderful opportunity to reach out to the local communily, and ralse some funds. We also carrled out some community consullatlon around accessible sports, and general information and feedback on the future and ongoing progression of the Regen Centre. This was a success, bul we learnt a lot from it, and plan to run something similar al the same lime next year, bul with more marketing and publicity to bring in bigg&r numbers (we will also prey for beller weather next year!). w4ddl*&¥ouiwiy Settsrday 8th Joly I Famlly Fun Afternoon UP FOR Rl¢¢*ll R•i•n C•hli• LBndlng Lorsg > paul Earnshaw Èunt<r.:'jvj'&& > stalls,& Gb FUnf¥Jlro￿n Charlty Fundralsér RICCALL REGEN 20DO DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) Fantastic aerial shots of the Funfair, which also brought in much needed funds. Offlce and Club Space Promotlon We have worked hard this quarter on developing a stronger marketing strategy and materials to fully publicise available space al the Reg8n Centre. Hiring more space as permanenl offices would enable us to bring in more regular income, which can help to take some pressure off financially. We are really pleased to report that club and activity bookings are increasing. and we are seeing new opportunities being run from the building. ftlc¢ Rl¢¢•J C• Offlce Space & Meetlng Rooms To Hlre Activlty & Class Spaces To Hire Fre9Caéi)alk Free Carpark Permanent & Ad.Hock Avallable Varlous Slzes Multlple Layouts ,atl¢d Spacès Itlple Slzes mury5tJ & IhilnLèh•n¢i•irh4 bvlldind Lbfrgv4yrhlhpll' tglum lym.Ih411: -g• jGIlvltyr￿m￿1lhts1l -5.1 4 Mq•llhXrOOinS bFt*•OnYPtk & S•lby Built by the commun foi th8 Communlty BLiiIt by Ihe Comrnunity lor tho Communlty 01757 248849 info@ricoall.co.uk ,ritr8, L8.ndlng Lahg. RIF¢all YQ!) ¢PVi 'Èy 248849 The Rééon Cenlrb: L-0,ildlii No..107J¥71 ',1! RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) Social Media Regular social media posts are now being shared, to keep the Regen online presence high and positive. Little bits of news about what's happening at the Regen Centre are being shared at least weekly, and we are actively working to ensure communication in general is more regular and both informative and useful, ',RSccall Regen Centre What's O¢¢urring71 Riccall Regen Centre.',4' What's Oc¢urring71 Dru Yoga Ri¢¢all Regen Centre What's Occurring71 W¢dnosd8y Mornings from )8th OGlobgr Ac¢es5iblo yoga The pgrfect venue for Ilfo's colobratlons & milestones W* now havo Jll n¢w. hSghspeed WIFI throughout tho Bulldln8 startinff fron) as Iltil8 as E8r)I ontact L15 to find OUL more 017S72d8849 Examples of recent social media posts. to keep people updated on things happening at the Regen Centra. Communlty Consultatlon On 12, September we ran our second Regen Communlly Consultation, and were dellghted that more than 25 people atlended. The evening was relaxed and informal, giving people the opportunity lo chal with us around recent changgs and improvement plans, as well as sharing their own thoughts and suggestions for moving the centre forward. All information and feedback taken on the evening has been collated and is being used to inform future decislons. Follow up thank you and update Invitation Rogen Centre Communlty Consultation Regen Centre Communlty Consultation A blg th•nk you to 8v•ryoTh• lor th•lr supporl lor tho R*8•n Cont¥a A blg th•rtk you to èveryono who ¢•m¢ olong to th¢ conultatlfjn ¢¥¢nln8 lost w¢tk. W• have been $truggiing. and elthough tho CeTrtrg 1$ ih• load tts r•¢ov¢ryi W8 Ul8ently no¢d your hélp It was a faTrta$tl¢ iuurn and everyone w$$ In¢r•dlbly gupportlve, and gavo us some Inv)luablè 18edback. Id¢Ès & su8gostlèThs. Communlty Consult•tlon Drop-l Tu•sd8y 12th S¢p¢8mb•r. 5:30pm- 7:30pm We •r• Il$tortlné. and WOTklng ihiough plHThs d strategles to make Impro¥8men16. mov¢ forwB vd Énd b8¢om8 more su$talnable. Pleaso Comè along, 8h8r¢ your thou8ht¥ end Id¢¥s, and flnd out howyou can gel lTr¥tyl¥ed W4t¢h th1$ spo¢• & w•'ll k•ep you postèdl Thankyou Th•nk you $0 much Rk< RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) Ra9En? Photos taken on the nlght of displays to share Informatlon and one of five flip chart feedback boards, completed by vlsiting guests. Country Muslc Nlght The fundraising event held on 11th August was a fantastic success, providing a wonderful evening of entertainment and raising more Ihan £1,000 for the Centre. Billy Bills, a Riccall residenl and Country musician, kindly organisaed the event and brought with him a great followingl We hope to make this an annual fundraising event. SIBrrln8 Country l•8ind* Mustang An Evenlng ot The Stave Cgssldy Band Friday 11th August 8:00- 11:30pm The Bounty Hunters Raffle Reggn Contra. RIcc811 Bar Tlckets Just £15 8V8llablo from Nlsa Rlccall, the Regen Centre. or Bllly: 07719 965910 RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 {CONTINUED Martlal Arts We are really excited to have welcomed a new Martial Arts Academy to the building. They are using the Centre two nights a week and offering opporlunities to all ages. which is wonderful. This also brings with it some much needed regular income. Accommodating the new Academy meant negotiating some changes with other Current users, to enable the righl spaces to be available for the aGlivities to happen simultaneously. This was a challenge, but we seam to have found some great solutions and managed to work this through with all building users. BRAND MEW IOCATIOH Riccall Regen Centre What's Occurring71 FOR AIITHE FAMILY i Excitlng New Martlal Arts Acadomy Wednesdays & Frldays 5..#Opm. Ag114-7 Rleewi Izèia y..30pm. Adulti Palntlng and Improvement Work Over the summer we spent a lot of lime reviewing the varlous spaces wlthln the Centre and mapplng out ongolng Improvement work to freshen thlngs up and make some of the rooms more flexible and rentable. We work8d closely with the RISE team and had a fantastic team of volunteers from both RISE and the new Martial Arts Academy, working really hard to help freshen up the small hall. This has been transformed, and we continue to move Ihis forward with other rooms throughout the building. RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) Selby Tlmes Advert We made the decision to include an advert in the Salby Times in September, to showcase the wonderful breadth of opportunilies available with use of the space at the Regen Centre. This definitely seems to have helped. and ad-hock bookings for meetings and parties have gone up. yyy 11 Regen Centre Events lexlble spaces to sull any evebt glrthdthy• Ourvaried Event Sp8¢es: L8rd• h•ll Medlum hall L8rgo funcllon room wlth klt¢h¢n•ito Ll¢tns•d Baf CommeFclul Klt¢h•n SMBII Fun¢ilon roamA Outsld6 sp4¢0S Ntyffllng Evenll RqllivmèTrl• AnnI¥￿r￿ar]O8 Wlndmlll Sulte Following the closure of the Windmill Nursery in June, we havo worked really hard to clear this and free up the old nursery spac8 to become a wonderful additional meeting room, This meant sortlng through 20 years, worth of nursery items, selling as much as possible and then donating or recycling the rest. Both the inside and oulslde areas have been complelely overhauled, wlth th8 help of our fab volunleer and two work experience students tool The Windmlll Suite is now a wonderful room for meetings. small conferences, training, parties, coffee mornings, etc. It has a wonderful atmosphere, as well as a really flexible layout. We have had a cupboard built in al one end, which enabled us to move Beavers, Cubs and Scouts into this space, freeing up the small hall for Martial Arts to come In. ColibiAllon• Acii¥It ci•ssSp•¢#s TO IIIT• ¢oneerti . Shows .You ngfflfj111 Weddlngs, events and partles While July was fairly steady for bookings, August was a little quieler than we would have liked. However, Seplember saw a huge upturn in bookings and we have had some extraordinarily busy days. We have lots of other bookings coming in for future months, including well inlo 2024. The events planning and processes are being reviewed and ongoing support and development in this area is a priority. Budgeling is also something we are continually working on. Evenls are fanlaslic, bul excepllonally hard work, and take huge amounts of planning and executing. The Regen Cenlre is the perfect venue for thls. but from an income perspecllve, events are a tough way for us to ralse funds. This is why regular bookings and p8rmanent officfj space moving forward are a real focus, to provide more financial security. RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) Clnema As part of the Selby Globe Outreach project, we are going to be trialing a cinema al the Regen Centre. This will be linked to reducing isolation and supporting older people. Rlccall Unlted Football Club IOthOctober 1 14tliNov 1 12thdecember We were thrilled in the summer when Riccall United were able to restart a men's team. With this came regular matches on their pitch at the back of the centre, and opportunities to open the bar for theml A MOVIE COFFEE & CAKE ES'I. .1919 RICCAILREGEN CEHIHE Daytlme soclal events, supportlng people over SO. those wlth care needs and thelr carers Ioan). for 10..30am Stait Tl¢ketsJust £4 each. Inlude$ refreshmgnts. To book: Inlo@rlccall.cthuk 01757 248849 This is bringing in some regular use of the bar and encouraging a really farltastic working partnership be￿een the football Glub and the Regen Centre. Future joint fundraising events are being considered. as well as support with funding bids being provided. RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) Flnance Revlew Dave Havercroft kindly spent a couple of weeks at the Regen Centre in the summer, carrying out a general report and reviaw of the finances. in collaboration with the Centre Manager and the Up for Yorkshire team. Suggested actions and findings are helping to inform priorities and decisions moving fotward. From the beginning of September, Up for Yorkshire were able to provide more practical financial support to the Regen, when they increased their Finance Officer lo full time, informing the ongoing review of systems and enabling tighter controls and planning to happen more easily. Malntenance and Improvement work This quarter we invested in some work both exlernally with garden maintenance and internally with decorating. This has helped the centre to feel fresh and well looked after. Ongoing issues with Ihe boiler are being worked through. to try and ensure the healing is back up and running once the cold weathar sets in. Currently we have no hot water or healing, and Ihe system is dated and difficult to maintain. The new plumber we have sourced is able to access the system and we are hopeful that he will be able to gradually mak9 more improvemgnls to help bring our utility costs down. This is unfortunately a big expense, the Centre costs a lot to heal. and the engineer time is also a real cost, but necessary to keep people using the bullding. October, November, December 2023 After a very tough 2023, we were looking fo￿ard to seeing the rewards of recent challenges in the year ahead. In the last 6-months we had to make extremely difficult decisions, but we were now seeing how those decisions had secured a future for the Regen Centre, and that bringing Up for Yorkshire in had saved th8 Centre from closure, which would have resulted in a huge loss to Ihe local community and wider VCSE sector. Volunteers We Implemented a recruitmenl campaign. to bring more volunteers on board at the Regen Centre, to help take thls forward by supporting a variety of roles, InclLbding'. Fundraising Supporting events and functions Opening up, welcoming and closing Assisting with meetings and conferences Lltter picking. odd jobs and gardening Reception cover Regular Groups & Activities We have a wonderful selection of activities happening at Ihe Regen Centre regularly, including: Dance Brownles Beavers, Cubs & Scouts Pilates Zumba Riccallish Allsorts Slimrning World Martial Arts Yoga Badminton Football Meetings and Conferences Events and Parties...... And more.... Christmas Party - Michael Bublél On 81h December we held a Christmas party night, with a live Michael Bublé tribute act! The event was well received, and everyone had a wonderful evening. Unfortunately, not as many tickets were sold as hoped. mainly due lo the decision to hold the event being made quite late on in Ihe year. with a lot of people having already made plans for their Christmas parties. We are working through lessons learned from this event, and will then decide if to host this again in 2024. Wilh the tickets that were sold (52), the event made a small surplus, therefore, if we could ensure more tickets woiild sell this coming year. it could make Ihis a fantastic fundraising Opportunity. 10- RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) RICCALL REGEN C E N T R E FRI 8TH DEC Isirm I1￿￿1 ? C￿RIs b'u'ble. CONTACT JAOe•UPFORYORN5HIRE.OAG.UK ro KOOK NqIC14AFI. BUllLL TI2113UTf. SHOW É25PPII￿Lc0mF DRINKaPAThF¢)ODIDJIILLiATE nprN'lPNi FLAIR Prlvate Parties and Events- Balancing thè Bar Events continue to go well, with a steady flow of bookings. The bar is a tricky one to manage, with predictions on how much stock will be sold being a fine balancing act. Over the first quarter of the new year, we will be having a full review of the finances of the bar, and looking to see how this can be improved and made more stable moving forward. Volunteer Dave Havercroft will be supporting us with this. Large Scale Sports Events In the last quarter we have had three largo scale sporting events, with a Powerlifting w8ekend, Boxing evening and Dance Compelilion. These are all brilliant ways of using the large sports hall, as well as utilising the bar and kitchen with food and drink provided at all three events. Up for Yorkshire's work with the 'Aclively Inclusive, initiative also feeds in well lo this and supports the sports angle we ar8 using to promote the opportunitie5 available at the centre. Rlccall Unlted We have been working very closely with Riccall United over the last six months. Their newly reformed men's team is going well and this has been a big support lo our bar, wilh regular home games bringing in much needed income. They held their Christmas Event at Ihe Regen Centre this y8ar and Up for Yorkshire has been supporting thom with funding applications and options. We will continue to develop this relationship into 2024, with the possibility of shared fundraising events and planning. Bee.Able Exciting news is that at the end of January the local CIC Bee-Able will be moving into the Regen Centre and permanently leasing the Millennium and Viking rooms on Ihe first floor. Bee-Able provide a seNice in the Selby area in response to local need, filling a vital gap in support available for young people and adults living with a disabilities, and their families. Initially they will be running their Day Services from the Regen, which provides Young Adults aged 18 and over with a variety of activities throughout tho week. This will also be a big support to the finances of the centre, bringing in urgently needed regular lease funds, which will support the running costs of the building, 11 RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 {CONTINUED) Bar Revamp In order to accommodate Bee-Able. we needed to review our spaces downstairs, so that meetings w& have been able to host in the upstairs rooms could be relocated. To achieve this, we have looked at making the bar a more flexible and versatile room. While the fixed booths worked fairly well for an evening bar setting, they made the room inflexible at other times in the week. At the very end of December the first phase of transforming the bar space was completed, with the booths being removed. In the first two weeks of January, the old flooring will also be removed. and new flooring and decorating will complete the room, making it a large, functional and versatile meetinglconference room, bul also a brilliantly functional bar for events. Heatlng and Hot Wat8r After over a year of grappling with the boiler syslem al the Regen Centre, it appears that we have finally connecled with an engineer who can assist usl The brilliant Steve Li1119 installed a new control system at the end of the year, enabling full control and the building to finally be warm and Ihe showers In the changing rooms to work, much to Riccall United's delightl Clnema Club Working closely with Selby Globe on Tour, we have eslablished a monthly cinema club at Ihe Regen Centre, offering a wonderful social opportunity for local residents. The club has run three times so far, with more and more people attending each lime. More than 30 attendees at its highest, this is a huge success. We have applied for funding to support the development of this group, and local people are keen to see this continue into 2024. The cinema equipment has all be donated by The Globe On Tour, and once the bar revamp has finished, we will be running the cinema from in that room, to allow for more seating and belter black-out effect with the new blinds funded by Stronger CommunSties. 12- RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) Cake. Coffee & hlq)vle Daytlrne 5oclal Evenls Supportlng People Over 50, those wlth care Needs & thelr carers Riccall Regen Centre ?1 What's Occurring. Followlng th8 su¢¢ess or our lirst clnemg showSng Contaot Each Venue For Moro Dgtalls & Tlck9ts,' A Movie, Cuppa & Cake Eogborough Molhodltst Chapl. Bronda 185BP. 160¢1- 6 P4)v- 11 t)•c T0lQ7997774101-1*)bo2Ql￿.ty).uK Church of St Fran¢l8 Thorp• Wlllougknby . Jan 188op.200cl-IINov-1S000 Tè101767 707087. tell￿n@￿￿71 tom Rlccall Roggn C•nirg- Ju$tln& •• •• lOO￿-14N0Y-l2DéC T•101757 248849.luitintrgd￿II.CO.u1 ji,,, Tuesday 14th November 10am, for 10:30am start Just £4 per person Book now. 01757 248849 rTfiT gol'￿￿ ¥ir)Ighl b8ok Into thg communlly & ,jD7alnl¢n¥n¢i ol.tllg by.Ildlng od ro¢épllori.'Mgndol.Fr ? A¢¢o$$ibillty.1111.& ¢h&ngln# ,P1•¢4$ A¢tlvlty sp4¢os Includèi L8rge gymlhtll Medlum gytnlh811 4 lorie a¢llvlty fOOm wlth kltchon9tte ¢afo M*otlng rooms Outsldq 116ld Ilt by tho,'l{tii'ni ullt. by Iho ¢pmmunlly lor thg Commynlty Pulldlhd 61oiirily sy ,Ongllo Ivtts p8rlLln4 * Convorilortt loedilo b•tVl04h York & Sol 01757 248849 1nfo@rlccall.co.uk 01757 248849 inlo@riccall.oo.uk ¢qrnp•nylJ4bytsvlr4n¢••thBFoo•￿ Ili'.j: Thè RègQfi'.Contre, Landlng Lgno. Rl¢eall YOI0.6PW Events & Celebrations Regen Centre Weddings Rl<¢ Iiw. •rt '} ¢•n*r• Free Car Park Free Car Park A Frlendly, Versatlle, Accesslble & Alfordable Venue Fully Licensed for Marriages The Regen Cenlre gives you the freedom to create your wedding. your way Built by thp Communlty for the Communlty Bullt by thg Communlty for lh¢ Communlty 01757 248849 info@rlc¢all.¢o.uk 01757 248849 Info@rl¢¢all.¢o.uk The Règen Centre, Landing Lane. Riccall Y019 6PW paCk￿g&s st4rtlng Irom Just É1.250 The Rtgen Centre. Landing Lane. Riccall Y019 6PW R•iistÈi•OChariiyNu..IDI&7Y$ CofflpinyLld bJGu41•nli•N*i8g0S 14- RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) January, February, March 2024 Bar Revamp The bar revamp has successfully been completed. In order to accommodate Bee-Able laking on the meeting rooms on the first floor, a thorough review of our downstairs spaces was needed. This re-evaluation aimed to free up space for meetings previously held in the upstairs areas. To achieve this goal, the focus was on 8nhancing the floxibility and versatility of th8 bar area, The old flooring has been replac8d, and redecoration was also undertaken, to freshen th8 space and make the room flexible for bolh daytime and evening activities. This project has resulted in the creation of a spacious, functional, and adaptable meetinglconference room, maintaining the funclionalily and versatility 8$ a vibranl bar, ideal for hosting various events. In progress The finished Bar RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) Bee-Able Launch Event At the end of January the local CIC Bee-Able moved into the Regen Centre and permanently leasing the Millennium and Viking rooms on tho first floor. Bee-Able provide a service in Ihg Selby area in response to local need, filling a vital gap in support available for young people and adults living with disabilities, and their families. Initially they will be running their Day Services from the Regen, which providas Young Adults aged 18 and over with a variety of activities throughout the weak. They held a launch event In February. The group have really helped to bring the building to Ilfe, taking part In various aclivities we have established throughout the week. as well as developing an area of outside space into an allotment garden. A small internal offlce has been bullt for the Manager of the CIC. a kltchenette has been added and one of the doorways has been widened and made more accessible for wheelchalrs. Balanclng the Bar A full financial review of the bar and events slde of the Regen Centre has taken place. After reviewing this, and liaising wilh the trustees, to agree on an action plan moving fo￿ard, decisions were made to tackle the bar with the aim of making this more sustainable. Here is the summary of actions we wlll be taking In an atlempl to make the bar and evenls at the Regen Centre no longer run at a loss to the organlsation. Legal Progress Up for Yorkshire and Riccall Regen 2000 Trustees continue to work closely together, and with Lupton Fawceti Solicitors, to move forward with the legal process of enabling Up for Yorkshire (Selby Dislrict AVS) to support the harily on a permanent basis. Prlclng A full pricing review was made across the board. As part of this, we communicated to all regular and permanent building users, that a5 they will be aware, the charity has been through an exceptionally tough time, and that although things continue to be light, they have started to move in the right direction. Ongoing plans and steps to secure the future of the Regen are beginning to make a real difference and things are looking a lot more positive. As with every service nationally however. the Regen Centre has had to review finances further, to support ever increasing costs associaled with running the Centre. Whilst huge cost-saving measures have been pul in place lo help with this, utilities, cost of living increases and other increases in services needed to run the Centre means we have had to review our own pricing. We have taken time lo benchmark our prices against other non-profils locally and wider, to ensure these are fair and competitive, bul can also help to support the long-lerm stability of the Regen more realistically. 16 RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) Webslte Up for Yorkshire and the Centre Manager hava been working closely with the Comms team 'Wild Studios,, to create a new and vibrant website for the Regen Centre. The new site went live at Ihe end of February, and is already providing fantastic feedback, as well as more direct enquiries. The website is clear, concise. colourful, and Representative of averything that Regen Centre has to offer. Check it outl wMv.riccall.co.uk Rl¢c i¢•ni Built by the Communityg for the Community • all.co u Pollce Police for this coming year will be using the main hall more often, until their own venue Is available. This is a fantastic use of the large hall in the daytime and will bring in more income. Parlsh Councll The Parish Councll have moved out, but their office has now been fSlled, with Zac's Club moved In on a permanent lease. utility Costs Utility conlracls are being reviewed and rates are thankfully coming down. We have used a Charity Specialist broker called Utility Aid. Stafflng Staffing continues lo be kept to a minimum, but Is being backfilled by Up for Yorkshire. Events Events are going extremely well, with more new bookings coming in all the time. as w811 as ongoing regulars. Community Groups Our community engagement events have been really well received with lots of village residents joining in. The Cinema Club is now running at about 30 for each movie, the new set up in our bar area with the large, fixed screen and the new blinds, has made a real difference. We show a mixture of new and classic films, and these are agreed beforehand by the members, they also have hot drinks and cake. The craft club and bingo are very new, and we are advertising for volunteers, to help run these sessions, Bee Able members love both of Ihese and come to each session The latest community engagement event will be an afternoon disco, this starts just after Easter and will be held quarterly. 17 RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 20241CONTINUED) General Meetings and Training Bookings We have managed to organise a large cupboard for North Yorkshire Police lo lease, in our main hall, Ihis has led to more bookings from them and wè are their preferred training space for 2024. The Environment Agency are still booking us regularly, as are the NHS and other regular hirers. We are excited to report Ihat some days we find ourselves completely booked upl April, May, June 2024 The Bar Our biggest focus over the last quarter has been the changes to the bar, to mov8 this fO￿ard to being sustainable. Dave Havercroft has continued to volunteer his time to work closely with the team, to Implement the changes resulting from his full financial review of the bar. The following has now all been implemented: I, The Yorkshlre Bottle Introdu¢ingthe Regen Centre's fresh and modern new events bar Fully r•furb15hed All new bottlo bar Complelely c8$hles$ Reduced prlces Ver$8llle sp We look fO￿ard io wel¢omlngyou soon FIndwIr￿r•c￿0ui n•ww•b$lt V4W.rfccol￿t%uk 1. The bar Is now cashless 2. The draught drinks system has been removed completely and we have switched to a bottle bar 3. A new till has been installed, which enables a full stock take to happen, back-office analysis and clear pricing systems 4. A single suppli8r for all alcohol purchases has been instated 5. The number of drinks on offer has been reduced by more than half 6. All purchases of alcohol during an event has been stopped 7. All store rooms have been overhauled and organised 8. Fridge space has been organlsed 9. We continue to phase out and stop offering any internal catering 10. We have begun to implement more financial controls 11. Full event reconciliations are to be carried out 12. A new electricity and gas contract has b8en secured, ensuring belter prices 13. An improv8d process for ordering supplies for events is being d8veloped 14. Bar stock takes are being carried out internally every week 15. We will be carrying out regular prlclng revlews, every 6 months Publicity has also gone out, introducing the Regen Centre's fresh and modern new events bar. The changes have been made to save the bar and to try and prevent the events from continuing to make a loss moving forward. Change is often a challenge to navigate, and keeping everyone who uses Ihe centre happy is even more tricky! But we are very hopeful that these most recent changes will secure events moving forward and enable the charity to focus on its key objectives for the wider communily. Legal Progress Up for Yorkshire and the Regen 2000 Trustees look back the most recent actions needing to happen from the solicitor, and we have managed lo navigate these ourselves and move things fo￿ard. The new Objects have now been approved, with Ihe updated Articles now with both Companies House and the Charity Commission. Hallmaster Up for Yorkshire havo invested in a new online booking system 'Hallmaster', which is now in progress for Ihe Regen Centre. This will help us no end with managing Ihe building's bookings, and works seamlessly with our invoicing and SAGE systems. RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) Ricall Regen Actively Inclusive Riccall Aclively Inclusive is all about helping people become more active but in a social and inclusive way. Young and older disabled people are much loss likely to be active Ihan able bodied people, and the ben8fils to physical and mental wellbeing are w811 known. Activaly Incluslve runs every Monday from 10,30 2.30pm, as we take over any space not being used for other bookings. The early session, Inclusive Sports, is for less able people and the afternoon session. Pickleball Plus. is for those that are more able. Pegen ,,¥Actlvely ¢incluslve M.o.nda:y. Inclusive Sports has students from Bee Able and Selby PLC, both SEND learning colleges, and we get 10 - 12 young people who play a mix of volleyball, new age curllng, boccia, and pickleball. We also have a seated exerclse class wlth 12 regular attendees from Riccall and the surrounding villages. Funding from UK Shared Prosperity Fund has allowed us to establish the sessions wilhout charging, b8fore we consull with participants to agree a reasonable session cost so the activities become sustainable. Sport Our kickboxlng group have taken on an extra evenlng, they are going to run a ladies only sesslon to offer an alternative lo thelr mlxed groups. Our power lifting events are going from strength to strength, with new clubs wanting to US8 our space, our external caterer taking over running the kitchen or alternatively we will use a catering van. Rugby tots is a new preschool group, their numbers are growing each week and they have done some face-to-face advertising with the local school and Tot Stop Group. Tai Chi is a spin off from the Actively Incluslve group, this 15 on a Thursday before the craft session. a few stayed for both. whlch was great. Weekend Booklngs We have been kept very busy with a variety of party bookings, ranging from a large 111 birthday party to a lively 80" with a ceilidh thrown into the mix too, the ceilidh has rebooked for next year. other events have included a successful Whitney Houston Tribute Nighl, the Embroiderers Guild, the annual Panlo and a Darts Memorial Evening. £& 19- RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) FINANCIAL REVIEW The sad decision to have to close the nursery and out of school club al the Centre in June 2023 ha5 Stabilized finances. Measures are continuing to eliminate unnecessary costs, ensure staffing levels are maintained only as necessary for the smooth running of the Centre and to look for the best market rates for utility costs. In th& latter part of the financial year Ihe running of the bar by the Charills subsidiary was changed to a bottle only bar to eliminate the high level of waste in draught pumps and was also changed to a cashless bar to ensure funds are properly managed. The results of these measures was that the level by which expenditure exceeded income was reduced from £80.705 in the previous financial year to £20,103 in Ihis financial year. The deficits are after charging depreciation of leasehold property of £14,164 (2023: £14,170). Reserves Pollcy The directors have a policy whereby unrestricted funds not invested In fixed assets or designated for a special purpose, or commltments (the free reserves) should be as close as possible to the level of some three months of normal expenditure. This is so we are able to conlinue our activities in the event of a slgnificant drop In Income. There are currently no free reseNes. The directors are aware of the current situation and recognise that achleving such a level will be extremely difficult and are currently implementing plans to first turn round the current deficil in funds and further to move toward the target In the longer temi. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document Riccall Regen 2000 is a company limited by guarantee and a registered charity governed by its Memorandum and Artlcles of Associatlon dated 13 January 2000 as amended. Appolntment of dlrectors As sel out in the Articles of Association directors are appointed by recommendation of the current direclors at general meeting of the company. One third of the directors at the date of the annual general meeting are subject to retirement by rotation. There is no maximum number of directors but there is a minimum number of three. Dlrector inductlon Directors receive a briefing pack outlining their responsibilities when they join the board, which helps brief them regarding their responsibililies under company and charity law. This is supported by one to one conversations with the centre manager and the chairman of the board of directors. Organisatlon The board of directors meet regularly to administer the charity. The finance and personnel committees meet as required. Risk management The directors have examined the major risks to which the Charity is exposed and systems have been eslablished to mitigate these risks. -20- RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) PLANS FOR FUTURE PERIODS Legal Transfer Up For Yorkshire have been working closely with their charity specialist solicitor to enable the process of reslrucluring the charily Riccall Regen 2000 and th8 company Riccall Regen Bar CIC lo be a subsidiary of UFY. One of the main advantages from a legal perspective, a reslruGture is relatively straightfo￿ard as we do not need to legally transfer ownership of land, assets and contracls. The ownership transfer was completed on 10th December 2024. Riccall Regen 2000 will continue as a separate legal entity to UFY and be administered and managed as a separate entily going forward. This helps to protect the aims and objectives of Riccall Regen 2000. 11 will allow UFY to oversee and manage Riccall Regen, to provide financial and practical support, and to use its own Trustees, staff team and assets to the benefil of the organisation. more formally. REFERENCE AND ADMINISTRATIVE INFORMATION Charity Name Riccall Regen 2000 Charity Registratlon Number 1075776 Company Registration Number 3905959 Registered Office and Principal Address The Reg8n Centre Landing Lane Riccall York Y019 6PW DIrectors￿rusteeS S Noble S Frost N Morton N R Shouksmith G M Stockill L Wheeler S Wheeler C Edwards (Resigned 10 December 2024 (Resigned 10 December 2024 Resigned 10 December 2024) Resigned 10 December 2024) Resigned 10 December 2024) (Rosigned 10 December 2024 (Resigned 10 December 2024 (Resigned 10 December 2024) (Appointed 10 December 2024) Appointed 10 December 2024) Appointed 10 December 2024) (Appointed 10 December 2024) (Appointed 10 December 2024 (Appointed 10 December 2024 F Conor K Goodwin A Rhodes M Wedgwood T Meares C Urwin Company Secretary G M Slockill (Resigned 10 December 2024) Centre Manager J Hodgson 21 RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) Advlsers Independent Examiner Frances Howard FCA Fortus Limited Business Advisors and Accountants Equlnox House Clifton Park Shipton Road York Y030 SPA Bankers Virgin Money 16 Market Cross Selby North Yorkshire Y08 4NU 22- RICCALL REGEN 2000 DIRECTORS REPORT FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) Trustees responsibiliti8s In ralatlon to the financlal statements The charity trustees {who are also the dlrectors of the Riccall Regen 2000 for the purposes of company law) are responsible for preparing a directors report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice)- Company law requires Ihe charity trustees to prepare financial statements for each year which give a true and fair view of the stale of affairs of the charitable company and of the income and expenditure, of the charitable company for that period. In preparing the financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charities SORP 2019 {FRS 102); make judgements and estimates that are reasonable and prudent., state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; prepare the financial statements on the golng concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeplng proper accountlng records that dlsclose with reasonable accuracy at any tlme the financial position of the charitable company and lo enable Ihem to ensure that the financlal statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statemenls may differ from legislation in other lurisdiclions. BY ORDER OF THE BOARD M Wedgwood Director The Regen Centre Landing Lane Riccall York Y019 6PW 10 March 2025 23- RICCALL REGEN 2000 INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 JUNE 2024 I report to the Gharity trustees on my examination of the accounts of Riccall Regen 2000 for the year ended 30 June 2024 which comprise the consolidated stalemenl of financial activities, the consolidated balance sheet, the balance sheet and related notes. Responslbllities and basis of report As the charity trustees of the company (and also its directors for the purposes of company Saw) you are responsible for Ihg preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'}. Having satlsfied myself that the accounts of the company are nol required to be audited under Part 18 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company's accounts as carried out under section 145 of the Charities Acl 2011 ('Ihe 2011 Acl,). In carrying out my examinatlon I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examlnarfs statement I have completed my examination, I confirm that no material matters have come to my attention in connection wilh the examinatlon glvin9 me cause to belleve that In any material respect: the accounts do not accord with those records., or the accounts do not comply with the accounting requirements of sectlon 396 of the 2006 Act other than any requirements that the accounts give a 'tru8 and fair view, which is not a matter considered as part of an independent examination., or the accounts have not been prepared in accordance with the methods and principles of Ihe Statement of Recommended Practice for accounting and reporting by charities applicable lo charities preparing their accounts in accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021. I have no concerns and have come across no other matters in connection wllh the examlnation to whlch attention should be drawn in this report in order to enable a proper understanding of the financial statements to be rea hed. Frances Howard FCA Fortus Limited Business Advlsors and Accountants Equinox House, Clifton Park Shipton Road, York Y030 SPA 10 March 2025 -24- RICCALL REGEN 2000 CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT Unrestricted fund Restricted fund 2024 Total 2023 Total Note INCOME Charitable aclivities 96,793 19,868 116,661 289,553 Other trading activities 67,287 67,287 62,648 Investment income 333 333 179 Total Income 164,413 19,868 184,281 352,380 EXPENDITURE Raising funds Charitable activities 51,766 130.452 51,766 152.618 67,329 365,756 22.166 Total 6xpèndltur8 182,218 22,166 204,384 433,085 Net (expandlture)Ilncome (17.805) (2,298) (20.103) (80,705) Transfers be￿een funds Net movement in funds {17,805) {2,298} {20,103) (80,7051 Reconclllatlon of funds: Total funds broughl forward 28,888 1,018,211 1,047.079 1,127,784 Total funds carried forward 11,063 1,015,913 1,026,976 1,047,079 The stalement of financial activities includes all gains and losses recognised in the year. 25- RICCALL REGEN 2000 CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 {INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) PRIOR YEAR Unrestricted funds Continuing Discontinued Restricted operations operations fund 2023 Tolal 2022 Total Note INCOME Charitable activities 83.867 205,686 289,553 299.195 other trading aclivities 62,648 62,848 60.961 Investment income 179 179 Tolal Income 146,694 205,686 352,380 360,156 EXPENDITURE RaSsing funds 67,329 67,329 57,789 Charitable activities 172,457 176.559 16,740 365.756 340,308 Total expendlture 239,786 176,559 16,740 433,085 398,097 Net (expenditure)Ilncome (93,092) 29,127 {16,740} (80,705) (37,941) Transfers between funds 31,105 131,105) Net movement in funds (61,987) {1.978) (16,740) <80.705) (37,9411 Reconclllation of funds: Total funds brought forward 90,855 1,978 1,034,951 1.127,784 1,165,725 Total funds carried forward 28,868 1,018,211 1,047,079 1.127,784 -26- RICCALL REGEN 2000 (Company number 3905959) CONSOLIDATED BALANCE SHEET AT 30 JUNE 2024 2024 2023 Note FIXED ASSETS Tangible fixed assets 1.068.195 1,077.433 CURRENT ASSETS Stocks Debtors Cash at bank and in hand 4,824 48,776 8,497 2,322 25,742 11,473 12 62,097 39,537 CREDITORS - Amounts falling due within one year 1103,316) (69,891) NET CURRENT ASSETS (41,219) (30,3541 NET ASSETS 1,026,976 1,047,079 THE FUNDS OF THE CHARITY Restricted fund Unrestricted funds General fund Non-charitable trading funds 16 1,015,913 1,018,211 15 (20,688) 31,751 10.965 17,903 11,063 28,868 1.026,976 1,047,079 For the year ending 30 June 2024 the company was entitled to exemption from audit under sectlon 477 of the Companles Act 2006 relating to small companles. Direclors, 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 r8sponsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These financial statements were approved by the trustees on10 March 2025 and are signed on their behalf by.. -27- RICCALL REGEN 2000 (Company number 3905959) BALANCE SHEET AT 30 JUNE 2024 2024 2023 Note FIXED ASSETS Tangible fixed assels Investments 1.067,795 100 1,077.433 100 CURRENT ASSETS Debtors Cash at bank and in hand 12 47,247 5,918 25,742 8,099 53,165 33,841 CREDITORS - Amounts falling due within one year 13 {125,834J (82,198) NET CURRENT ASSETS (72,669) {48.357) NET ASSETS 995,226 1,029,176 THE FUNDS OF THE CHARITY Restrlcted fund Unrestricled fund 16 15 1,015,913 (20.687) 1,018,211 10,965 995,226 1,029,176 For the year ending 30 June 2024 the company was entitled to exemption from audit under seclion 477 of the Companies Act 2006 relating lo 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 wilh section 476., Th8 directors acknowledge their responsibilities for complying wilh the requlrements of the Act with respect to accounting records and the preparation of accounts. These financial slatements were approved by the trustees on 10 March 2025 and are signed on their behalf by: -28- RICCALL REGEN 2000 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 ACCOUNTING POLICIES Basls of Accountlng Riccall Regen 2000 is a charilable company and is registered in England. In the event of the company being wound up or dissolved, funds remaining after all debts and liabilities are settled will be Iransferred lo a similar institution with similar charitable objectives. The charity's registered office and the nature of the charity's operations and principal activities are stated on the report of the board of trustees. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their 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 Ihe United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice. Riccall Regen 2000 meets th8 definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise slated in the relevant accounting policy notes. The financial statements are prepared in sterling which Is the funclional currency of the charity. Group flnanclal statements These financial statements consolidate the results of the charlty and its wholly owned subsidiary Rlccall Regen Bar CIC on a line by line basis. A separate statement of financial activities, for the charlty itself Is not presented beG3use the charlty has taken advantsge of the exemptions afforded by section 408 of Ihe Companies Act 2006. Golng concern At th8 tim8 of approving the financial statements the trustees have a reasonable expectation that the charitable company has adequate resources to Continue in operational existence for the foreseeable future. Thus the trustee continue to adopt the going concern basls of accounts In preparing the flnanclal statements. Donatlons and Grants Income from donations and grants, including capilal grants. are included in income when these ar8 receivable, except as follows: When donors specify that donations and grants given to the charity must be used in fulur8 accounting periods. the income is deferred until those period5. When donors impose conditions which have to be fulfilled before the charity becomes entitled lo use such income, the income is deferred and not included in income until the pre-conditions for use have been mgt. When donors specify that donations and grants, including capital grants, are for particular restricted purposes, which do not amount to pre-conditions regarding entitlement, Ihis income is included in income of restricted funds when receivable. All other income is included on the statement of financial activities on a receivable basis. Expendlture Expenditure is included in the statement of financial aclivities on an accruals basis and has been classified under headings that aggregate all costs related to the category. -29- RICCALL REGEN 2000 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED> Tanglbla Flxed Assets Tangible fixed assets costing more than £500 are capitalised and included at cosl including any incidental expenses of acquisition. Depreciation is calculated so as to write off the cost of the assel. less its estimated residual value, over Ihe useful economic life of that asset as follows.. Leasehold property Equipment Office equipm8nt Fixtures and fittings Nursery equipment Computer equipment Over term of lease 100/0 Straight line 200/0 Straighl line 200/0 Straight line 20 % straight line 33.30/0 Straight line Stocks stocks are valued at the lower of cost and net reallsable value. Penslon cosls Rlccall Regen contributes to defined contribution pension schemes, The assets of the schemes are held separately from those of the charity. Pension costs charged in the statement of financial activities represent the contributlons payable by the charity In the year. Fund Ac¢ountlng Funds held by the charity are either., unrestricted general funds these are funds which can ba used In accordance with the charitable objects at the discfelion of the trustees. restricted funds - these are funds that can only be used for partlcular restrlcted purposes Wlthin the objecls of Ihe Gharity. ReslriGtions arise when specified by Ihe donor or when funds are ralsed for particular restricted purposes. The parent and subsidiary share the same purpose, and therefore the unrestricted funds of Riccall Regen Bar CIC are a component of the unrestricled funds of Ihe group. Operatlng Lease Rentals applicable to operating leases where substantially all the benefits and risks of ownership remain with the leasor are charged against profits on a straight line basis over the period of the lease. Debtors and Creditors Debtors and creditors are recorded when receivable or payable. 30- RICCALL REGEN 2000 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) Flnanclal Instruments The charity has elected to apply the provisions of Section 11 'BasiG Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charily's balance sheet when the Gharity becomes party to the contractual provisions of the instrument. Financial assels and liabilities are offset, with the net amounls presented in the financial slalements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the assel and settle the liability simultaneously. Baslc flnanclal assets Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised. ClassSflcatlon of flnanclal Ilabllitles Financial liabilities and equity inslruments are classified according to the substance of the contractual arrangements entered into, Baslc flnanclal Ilabilltles Baslc financial liabilities. including creditors that are classified as debt, are recognised at transaction price unless the arrangement constitutes a financial transaction. Trade creditors are obligalions lo pay for goods or services that have been acqulred in th8 ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabililies. Trada creditors are recognised at transaction price. 31 RICCALL REGEN 2000 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) OTHER TRADING ACTIVITIES 2024 2024 Unrestrict8d Rastricted 2024 Tolal 2023 2023 Unrestricled Restricted 2023 Tolal Catering Trading subsidiary income 14,138 53,149 14,138 53.149 7.044 55,604 7,044 55,604 67,287 67,287 62,648 62,648 RAISING FUNDS Catering 12,464 Trading subsidiary expenditure 39,302 12.464 39,302 11,628 55,701 11.628 55,701 51.766 51,766 67.329 67,329 CHARITABLE ACTIVITIES 2024 2024 Unrestricted Restricted 2024 Tolal 2023 2023 Unrestricted Restricted 2023 Total Income was recelved for: Riccall Regen Centre Windmill Nursery Space Base 96,793 19,868 116,661 83,867 177,710 27,976 83,867 177,710 27,976 96,793 19,868 116.661 289,553 289,553 Expendlture on projects: Riccall Regen Centre Windmill Nursery Space Base 130,452 22,166 152,618 172,457 170,477 6,082 16.740 189,197 170,477 6,082 130,452 22,166 152,618 349,016 16,740 365,756 INVESTMENT INCOME 2024 2023 Bank interest 333 179 333 179 -32- RICCALL REGEN 2000 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) TRADING SUBSIDIARY The wholly owned trading subsidiary, Riccall Regen Bar CIC (company number 11546921), which was incorporated in England and Wales on 1 September 2018, plans to donate its profits to the charity by gift aid. The charity owns the entire issued share capital of 100 ordinary share of £1. A summary of the tr8ding results is shown below.. Summary profit and loss account 2024 2023 Turnov8r Cost of sales Admlnislratlon expenses 53,149 55,604 {23,017) (17,787) (16,284) (37,914) Net profit Amount gifted to the charity 13,848 (97) (1,688) Retained in subsidiary 13,848 (1,785) The assets and liabilities of the subsidiary were., Fixed assets 400 Current assets 34,444 21,551 Creditors: amounls falling due within one year {2,993) (3,548) Total net assets 31,851 18,003 Called up share capital Profit and loss reserves 100 31,751 100 17,903 Aggregate share capital and reserves 31.851 18.003 -33- RICCALL REGEN 2000 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 20241CONTINUED) GRANTS & DONATIONS RECEIVABLE 2024 2024 Unrestricted Restricted 2024 Total 2023 2023 Unrestricted Restricted 2023 Total The following grants and donations were included in charitable activities.. North Yorkshire Council Riccall Actively Inclusive Ricallish Allsorts Zacs Club 2,000 17,868 2,000 17,868 908 100 908 100 1.008 19,868 20,876 GOVERNANCE COSTS 2024 2024 Unrestricted Reslricted 2024 Total 2023 2023 Unrestricted Restricted 2023 Total Accountancy fees 11,529 11,529 5,755 5,755 STAFF COSTS Consolidated staff costs during the year were as follows: 2024 2023 Wages and salarles Social security costs Pension 51,209 810 908 249,745 5,553 2,500 52,927 257.757 Average number of employees during th8 year 25 No employee earned £60,000 per annum or more. The total pald for key management personnel during the year was £37,029 (2023: £35,197). -34- RICCALL REGEN 2000 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) 10. MOVEMENT IN TOTAL FUNDS FOR THE YEAR This is stated after charging: 2024 2023 Depreciation Accountancy fees: Independent examination and accounts preparation Subsidiary acGounls and corporation tax preparation Payroll services 15,983 19,873 7,782 982 707 4,248 1,230 1,254 11. TANGIBLE FIXED ASSETS Leasehold Fixtures & Computer Office Bar property Equipment filtings equipment equipment equipment Total GROUP Cost Balance at 1 July 2023 1.401,786 Additions Disposals 92,120 91,901 82,501 17,529 6,245 1,685,837 6,745 500 Balance at 30 June 2024 1,401,786 92,120 91,901 82,501 23,774 50D 1,692,582 Depreclallon 88lance at 1 July 2023 Charge for year Disposals 326.798 14,164 90,587 90,989 242 228 82,501 17,529 1,249 608,404 15,983 100 Balance at 30 June 2024 340,962 90,829 91,217 82,501 18,778 100 624,387 Net book value at 30 June 2024 1,060,824 1,291 684 4,996 400 1,068,195 Net book value al 30 June 2023 1,074.988 1.533 912 1,077,433 The company has signed a 99 year lease which started from 30 September 1999. 35- RICCALL REGEN 2000 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 {CONTINUED} 11. TANGIBLE FIXED ASSETS (CONTINUED) COMPANY Leasehold Fixtures & Computer Office property Equipment fittings equipment equipment Total Cost Balance at 1 July 2023 1,401.786 Additions Disposals 92.120 91,901 82,501 17.529 1,685,837 6,245 6,245 Balance at 30 Jun8 2024 1,401.786 92,120 91,901 82,503 23,774 1,692,584 Depreclatlon Balance at 1 July 2023 Charge for year Disposals 326,798 14,164 90,587 90,989 242 228 82,501 17,529 608,404 1,249 15,883 Balance at 30 June 2024 340,962 90,829 91,217 82,501 18,778 624,287 Net book value at 30 June 2024 1,060,824 1,291 684 4,996 1,067,795 Nel book valu8 at 30 June 2023 1,074,988 1,533 912 1,077,433 The company has signed a 99 year lease which started from 30 September 1999. 36- RICCALL REGEN 2000 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) 12. DEBTORS AND PREPAYMENTS Group 2024 Company 2024 Group 2023 Company 2023 Trade debtors Prepayments other deblors 34,904 12,523 1,350 34,904 12,343 15,502 10,240 15,502 10,240 48.777 47,247 25.742 25.742 13. CREDITORS - Amounts falllng due wlthln one year Group 2024 Company 2024 Group 2023 Company 2023 Bank loans Trade creditors Other creditors Tax and soclal security Accruals Deferred income (se8 note 13) Amounts due to subsidiary company 36,000 26,516 6.309 1,597 14,316 18,578 36,000 25,765 6,309 1,597 12,074 18,578 25,511 33,000 17.584 6,566 3,975 8,766 33,000 15,470 6,566 3,975 7,331 15,856 103,316 125,834 69,891 82,198 2023 DEFERRED INCOME 2024 14. Balance brought forward Release in year Deferred in year 43,102 {43,102) 18,578 Balance at 30 June 2024 18,578 Relating to less than one year 18,578 Relaling to over one year Deferred income relates to room hlre In advance and event deposits. 37- RICCALL REGEN 2000 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) 15. UNRESTRICTED FUNDS Asat 1 July 2023 Consolidation Asat Expenditure adjustments 30 June 2024 Income Unr8Strl¢ted funds General Non-charitable trading funds 10,965 111,264 {142,917) (20.688) 17.903 53,149 {39,301) 31.751 28,868 164,413 {182,218) 11,063 Unrestrlcted funds Non-charitable trading funds are retained profits held in Rlccall Regen Bar CIC. Asat 1 July 2022 Consolidation Asat Expenditure adjustments 30 June 2023 Income Unrestricted funds General Non-charitable tradlng funds 73,145 296,776 (360,644) 1.688 10,965 19,688 55,604 {55,701) (1,688) 17,903 92,833 352,380 (416,345) 28,868 -38- RICCALL REGEN 2000 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) 16. RESTRICTED FUNDS 2024 Movement Transfers to Closing Income Expenditure General Funds Balance Opening Balance (13,495) 1,004.166 550 11,197 Capital fund Kitchen refurbishment fund Actively Inclusive fund 1,017,661 550 19,868 (8.671) 1,018.211 19,868 (22,166) 1,015,913 2023 Movement Transfers to Closing Income Expenditure General Funds Balance Opening Balance Capital fund Kitchen refurbishment fund Changing placeslaulomatic doors fund 1,031,156 550 3,245 (13,495) 1,017,661 550 (3,245) 1.034.951 (16.740) 1,018,211 The difference between the grants received and the fund balance at 30 June 2024 relates to depreclation Charged on th8 assets purchased. The Capltal Fund was established to Provide the building and equipment needed for a Community Centre at Landing Lane, The Kitchen Refurb18hment Fund are fund5 given by Drax and WHSmith towards the cost of a kitchen refurbishment. The Changlng PlaceslAutomatlc Doors Fund are funds given by Drax, Daniel Gath Homes, Hedley Foundation, Norman Collinson, Persimmon, YBS charitable trust, Co-op Foundation. Warburtons, Morrisons foundation, Tesco Bags of Help, Gannett foundation and Screwfix foundation towards providing changing and easy access facilities for the less able. The Actlvely Inclusive fund is a grant received to provide a day of fun and social physical activity sessions at Regen Centre for young people and adults with learning and physical disabilities and long-temi health issues. funded by UK Shared Prosperity funding. 39- RICCALL REGEN 2000 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) 17. ANALYSIS OF NET ASSETS BETWEEN FUNDS Fund balances at 30 June 2024 are represented by.. Net current assetsl Non-current Tangible fixed assots Tolal Restrlcted funds Capital fund Kitchen refurblshment fund Actively Inclusive fund Unroslricted funds General fund 1,004,166 1.004.166 550 11,197 550 11,197 64,029 (52,966) 11,063 1,068,795 {41.219) 1,026,976 Fund balances at 30 June 2023 are represented by.. Net currenl assetsl Non-current liabilities Tangible fixed assets Total Restrl¢t8d funds Capital fund Kitchen refurbishmenl fund 1,017,661 550 1,017,661 550 Unrestrlcted funds General fund 59,772 (30,904) 28,868 1,077.433 (30.354) 1,047.079 -40- RICCALL REGEN 2000 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) 18. RELATED PARTIES Jusline Hodgson, the daughter of Noel Shouksmith is employed as Centre Manager and was paid £32,938 (2023- £31,376) for the role. Noel Shouksmith's son in law, Craig earned £273 (2023: £870). During either year no trustee was reimbursed for travel expenses and no trustees received any remuneratlon. 19. COMMITMENTS At 30 Jun8 2024 the company had the following total commitments under non-cancellable operating leases: 2024 2023 Operating lease which expires: Within one year In two to five years 662 994 282 1,656 282 20. LEGAL STATUS The charity Is a company limited by guarantee and has no share capital. The liability of each member in the event of a winding up is £1. 21. RESULTS OF RICCALL REGEN 2000 The gross income of the charily for the year was £131,132 {2023.. £298,464) and the result of the charlly for the year was a net deficit of £33,950 (2023.. deficit £78,921).