Company Registration Number 03685038 Charity Registration Number 1078029 **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED COMPANY LIMITED BY GUARANTEE ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023** ## **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE)** ## **FINANCIAL STATEMENTS** **YEAR ENDED 31 MARCH 2023** **CONTENTS** 2 Charity Information 3 Trustees9 Annual Report 17 Independent Examiner9s Report 18 Statement of Financial Activities (Including Income and Expenditure Account) 19 Balance Sheet 20 Notes to the Accounts 1 ## **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE) CHARITY INFORMATION** ## **YEAR ENDED 31 MARCH 2023** **Status:** Ormside Mill Residential Centre Limited was formed in 1998 and is registered with the Charities Commission Number 1078029. **Charity Number** 1078029 **Company Registration Number** 03685038 **Principal Address** Ormside Mill Residential Centre 2 Mill Lane, Appleby-in-Westmoreland Cumbria. CA16 6EJ **Registered Office** Lancashire Boys & Girls Clubs 1 Meeting House Lane, Lancaster. LA1 1TQ **Trustees** **Secretary** Keith Gillies (Chair) Nick Eckersley (Vice Chair) Jack Steer (Treasurer) Craig Cartledge Helen Robinson Emma O9Reilly Karen Wilson Adrian French **Bankers** HSBC Bank Plc 35 Market Street, Lancaster. LA1 1JQ ## **Independent Examiner** G Howse BSC, FMAAT, CWR Accountants Lancaster Business Park, 20 Mannin Way, Lancaster. LA1 3SW 2 **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE) TRUSTEES ANNUAL REPORT (INCLUDING DIRECTORS REPORT AS REQUIRED BY COMPANY LAW)** ## **YEAR ENDED 31 MARCH 2023** The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the unaudited Financial Statements of the Charity for the year ended 31 March 2023. The Financial Statements comply with The Charities Act 2011, The Companies Act 2006, The Memorandum and 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 (FRS102). ## **Reference and Administrative Details** Reference and administrative details are shown in the schedule of charity information on page 2 of the annual report. The Directors who served the Charity during the year were as follows: Keith Gillies (Chair) (Director) Nick Eckersley (Vice Chair) (**Days**|**Solo**
**Activity**
**Days**||**Groups**|**Nights**|**Activity**
**Days**|**Solo**
**Activity**
**Days**| |**LABGC Clubs**|**6**|14|6|1||**7**|18|18|9| |**GMYF Clubs**|**6**|20|16|0||**3**|6|5|0| |**Other**
**Youth Groups**|
**14**|42|35.5|0||**7**|22|21|0| |**Schools**|**3**|12|14|0||**4**|12|10|2| |**Private**|**31**|77|7.5|0||**25**|65|4|0| |**TOTALS**|**60**|**165**|**79**|**1**||**46**|**123**|**58**|**11**| _Solo activity days = activity days without accommodation._ Whilst member club bookings remained relatively similar to the previous year, we catered for twice as many external youth groups as in the previous year and saw a 20% increase in private bookings. Member clubs continue to struggle to remain financially sustainable, so although residential opportunities remain a vital part of youth provision in young peoples personal development, for many clubs, the cost of such is still out of reach. With this in mind we ensure we keep the cost for member clubs as low as possible, whilst increasing the cost to external groups, especially private groups, which allows us to provide further susidy to member clubs. 6 **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE) TRUSTEES ANNUAL REPORT (INCLUDING DIRECTORS REPORT AS REQUIRED BY COMPANY LAW) YEAR ENDED 31 MARCH 2023** ## **Income from groups over the year** Whilst the income from private accommodation bookings is very welcome, we are mindful that we need to increase the usage of Ormside by our member clubs and other youth groups and reduce private bookings, however income from private bookings over the past few years has enabled Ormside Mill to become more financially stable. There is no doubt from the figures above that adventurous activities are a key part of residential experiences for youth groups and schools. Adventurous activities allow young people the opportunity to push physical boundaries and exceed their percieved limitations often achieving things they never thought possible. This sense of achievement raises self-esteem, increases confidence and paves the way for greater challenges ahead. 7 **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE) TRUSTEES ANNUAL REPORT (INCLUDING DIRECTORS REPORT AS REQUIRED BY COMPANY LAW) YEAR ENDED 31 MARCH 2023** ## **Delivery** The centre manager Innes Macdonald, supported by a housekeeper Sue Vaughan (appointed May 2022) and groundsman John Bywater, ensure the centre is kept in tip top condition and operates smoothly on a day to day basis. With activity management responsibility, Innes ensures all activities are delivered to a very high standard and all our PPE and equipmnet is kept in excellent condition to allow us to provide highly memorable, and in many cases life changing, experiences in a safe, controlled environment. As with most industries the pandemic had a huge impact on training people in outdoor education and many qualifed instructors left the sector to pursue other lines of work. This has left a great shortage of freelance instructors across the country. Despite this, Innes has recruited a small team on freelancers who have become committed to supporting and delivering activities for groups visiting Ormside Mill. Minibus drivers are also dwindling each year and only a few of our instructors are able to drive our minibus and tow the canoe trailers. This can of course present logistical issues requiring a freelancer who can drive our minibus for groups that don9t have their own bus. Kit and equipment does not come cheap, but with the increase in income we were able to allocate just over £1,700 for the purchase of new and replacement kit and equipment. ## **Premises & Grounds** The Mill Roof was completed at the beginning of the year and we were very grateful to receive a grant from Garfield Weston in April toward the cost of this and other work on site. The classroom roof is still in need of replacement and further funding will be sought to carry out this work. Dining room furniture sees a lot of traffic and of course spillages and stains. This was recovered during the year making the seating look much better. It is inevitable that such an old country stone building, built circa 1760 will require ongoing upkeep and repairs and subsequently we will need to continue to generate revenue where we can to raise funds and carry out such repairs. Just over £2,500 was spent on building materials and supplies over the year to carry out a multitude of minor repairs. Ormside Mill directors are sincerely grateful to the trustees of Garfield Weston without whose generosity we would not have been able to carry out the essential work on the roof and hope they will continue to support our work. Earlier this year we appointed a seasonal part time gardner to ensure the garden areas are well maintained and to keep on top of the ever growing greenery around the grounds. 8 ## **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE)** ## **TRUSTEES ANNUAL REPORT (INCLUDING DIRECTORS REPORT AS REQUIRED BY COMPANY LAW)** **YEAR ENDED 31 MARCH 2023** ## **WHY WE EXIST** The Outdoor Education Advisors Panel (OEAP) National Guidance document **2.3a National Curriculum and Learning Outside the Classroom** is about the **National Curriculum in England** . Learning in the real world outside the classroom, including through outdoor learning, educational visits, residential experiences and adventure activities, is an effective way of meeting the demands of the National Curriculum, and of preparing young people for life beyond school. Outdoor and adventurous activities, which provide first-hand real challenges, and residential experiences, are a powerful process for supporting personal and social development, character development and resilience, spiritual, moral and cultural development and physical and mental wellbeing, according to the Guidance. _ Reflecting and looking ahead
**----- End of picture text -----**
|
l
**I**|2022-23 was hopefully the start of things to come as bookings already taken for this year are
ooking to exceed last year9s bookings.
**BOOKING COMPARISON**
**Full Year Bookings **
**Scheduled Bookings as of 1st Aug 2023**
**2022 - 2023**
**2023 - 2024**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**LABGC Clubs**
**6**
14
6
1
**4**
9
4
0
**GMYF Clubs**
**6**
20
16
0
**13**
34
44
0
**Other**
**Youth Groups**
**14**
42
35.5
0
**9**
24
27
0
**Schools**
**3**
12
14
0
**6**
20
28
0
**Private**
**31**
77
7.5
0
**17**
37
5
1
**TOTALS**
**60**
**165**
**79**
**1**
**49**
**124**
**108**
**1**
**NCOME**
**Accommodation**
**Activity**
**Other**
**Totals**
**2022 – 23**
Full Year
Bookings Income
**£64,247**
**£34,994**
**£3,977**
**£103,217**
**2023 – 24**
Scheduled
Bookings Income
at 1st Aug 2023
**£51,048**
**£40,800**
**£4,171**
**£96,019**|2022-23 was hopefully the start of things to come as bookings already taken for this year are
ooking to exceed last year9s bookings.
**BOOKING COMPARISON**
**Full Year Bookings **
**Scheduled Bookings as of 1st Aug 2023**
**2022 - 2023**
**2023 - 2024**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**LABGC Clubs**
**6**
14
6
1
**4**
9
4
0
**GMYF Clubs**
**6**
20
16
0
**13**
34
44
0
**Other**
**Youth Groups**
**14**
42
35.5
0
**9**
24
27
0
**Schools**
**3**
12
14
0
**6**
20
28
0
**Private**
**31**
77
7.5
0
**17**
37
5
1
**TOTALS**
**60**
**165**
**79**
**1**
**49**
**124**
**108**
**1**
**NCOME**
**Accommodation**
**Activity**
**Other**
**Totals**
**2022 – 23**
Full Year
Bookings Income
**£64,247**
**£34,994**
**£3,977**
**£103,217**
**2023 – 24**
Scheduled
Bookings Income
at 1st Aug 2023
**£51,048**
**£40,800**
**£4,171**
**£96,019**|2022-23 was hopefully the start of things to come as bookings already taken for this year are
ooking to exceed last year9s bookings.
**BOOKING COMPARISON**
**Full Year Bookings **
**Scheduled Bookings as of 1st Aug 2023**
**2022 - 2023**
**2023 - 2024**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**LABGC Clubs**
**6**
14
6
1
**4**
9
4
0
**GMYF Clubs**
**6**
20
16
0
**13**
34
44
0
**Other**
**Youth Groups**
**14**
42
35.5
0
**9**
24
27
0
**Schools**
**3**
12
14
0
**6**
20
28
0
**Private**
**31**
77
7.5
0
**17**
37
5
1
**TOTALS**
**60**
**165**
**79**
**1**
**49**
**124**
**108**
**1**
**NCOME**
**Accommodation**
**Activity**
**Other**
**Totals**
**2022 – 23**
Full Year
Bookings Income
**£64,247**
**£34,994**
**£3,977**
**£103,217**
**2023 – 24**
Scheduled
Bookings Income
at 1st Aug 2023
**£51,048**
**£40,800**
**£4,171**
**£96,019**|2022-23 was hopefully the start of things to come as bookings already taken for this year are
ooking to exceed last year9s bookings.
**BOOKING COMPARISON**
**Full Year Bookings **
**Scheduled Bookings as of 1st Aug 2023**
**2022 - 2023**
**2023 - 2024**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**LABGC Clubs**
**6**
14
6
1
**4**
9
4
0
**GMYF Clubs**
**6**
20
16
0
**13**
34
44
0
**Other**
**Youth Groups**
**14**
42
35.5
0
**9**
24
27
0
**Schools**
**3**
12
14
0
**6**
20
28
0
**Private**
**31**
77
7.5
0
**17**
37
5
1
**TOTALS**
**60**
**165**
**79**
**1**
**49**
**124**
**108**
**1**
**NCOME**
**Accommodation**
**Activity**
**Other**
**Totals**
**2022 – 23**
Full Year
Bookings Income
**£64,247**
**£34,994**
**£3,977**
**£103,217**
**2023 – 24**
Scheduled
Bookings Income
at 1st Aug 2023
**£51,048**
**£40,800**
**£4,171**
**£96,019**|2022-23 was hopefully the start of things to come as bookings already taken for this year are
ooking to exceed last year9s bookings.
**BOOKING COMPARISON**
**Full Year Bookings **
**Scheduled Bookings as of 1st Aug 2023**
**2022 - 2023**
**2023 - 2024**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**LABGC Clubs**
**6**
14
6
1
**4**
9
4
0
**GMYF Clubs**
**6**
20
16
0
**13**
34
44
0
**Other**
**Youth Groups**
**14**
42
35.5
0
**9**
24
27
0
**Schools**
**3**
12
14
0
**6**
20
28
0
**Private**
**31**
77
7.5
0
**17**
37
5
1
**TOTALS**
**60**
**165**
**79**
**1**
**49**
**124**
**108**
**1**
**NCOME**
**Accommodation**
**Activity**
**Other**
**Totals**
**2022 – 23**
Full Year
Bookings Income
**£64,247**
**£34,994**
**£3,977**
**£103,217**
**2023 – 24**
Scheduled
Bookings Income
at 1st Aug 2023
**£51,048**
**£40,800**
**£4,171**
**£96,019**|2022-23 was hopefully the start of things to come as bookings already taken for this year are
ooking to exceed last year9s bookings.
**BOOKING COMPARISON**
**Full Year Bookings **
**Scheduled Bookings as of 1st Aug 2023**
**2022 - 2023**
**2023 - 2024**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**LABGC Clubs**
**6**
14
6
1
**4**
9
4
0
**GMYF Clubs**
**6**
20
16
0
**13**
34
44
0
**Other**
**Youth Groups**
**14**
42
35.5
0
**9**
24
27
0
**Schools**
**3**
12
14
0
**6**
20
28
0
**Private**
**31**
77
7.5
0
**17**
37
5
1
**TOTALS**
**60**
**165**
**79**
**1**
**49**
**124**
**108**
**1**
**NCOME**
**Accommodation**
**Activity**
**Other**
**Totals**
**2022 – 23**
Full Year
Bookings Income
**£64,247**
**£34,994**
**£3,977**
**£103,217**
**2023 – 24**
Scheduled
Bookings Income
at 1st Aug 2023
**£51,048**
**£40,800**
**£4,171**
**£96,019**|2022-23 was hopefully the start of things to come as bookings already taken for this year are
ooking to exceed last year9s bookings.
**BOOKING COMPARISON**
**Full Year Bookings **
**Scheduled Bookings as of 1st Aug 2023**
**2022 - 2023**
**2023 - 2024**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**LABGC Clubs**
**6**
14
6
1
**4**
9
4
0
**GMYF Clubs**
**6**
20
16
0
**13**
34
44
0
**Other**
**Youth Groups**
**14**
42
35.5
0
**9**
24
27
0
**Schools**
**3**
12
14
0
**6**
20
28
0
**Private**
**31**
77
7.5
0
**17**
37
5
1
**TOTALS**
**60**
**165**
**79**
**1**
**49**
**124**
**108**
**1**
**NCOME**
**Accommodation**
**Activity**
**Other**
**Totals**
**2022 – 23**
Full Year
Bookings Income
**£64,247**
**£34,994**
**£3,977**
**£103,217**
**2023 – 24**
Scheduled
Bookings Income
at 1st Aug 2023
**£51,048**
**£40,800**
**£4,171**
**£96,019**|2022-23 was hopefully the start of things to come as bookings already taken for this year are
ooking to exceed last year9s bookings.
**BOOKING COMPARISON**
**Full Year Bookings **
**Scheduled Bookings as of 1st Aug 2023**
**2022 - 2023**
**2023 - 2024**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**LABGC Clubs**
**6**
14
6
1
**4**
9
4
0
**GMYF Clubs**
**6**
20
16
0
**13**
34
44
0
**Other**
**Youth Groups**
**14**
42
35.5
0
**9**
24
27
0
**Schools**
**3**
12
14
0
**6**
20
28
0
**Private**
**31**
77
7.5
0
**17**
37
5
1
**TOTALS**
**60**
**165**
**79**
**1**
**49**
**124**
**108**
**1**
**NCOME**
**Accommodation**
**Activity**
**Other**
**Totals**
**2022 – 23**
Full Year
Bookings Income
**£64,247**
**£34,994**
**£3,977**
**£103,217**
**2023 – 24**
Scheduled
Bookings Income
at 1st Aug 2023
**£51,048**
**£40,800**
**£4,171**
**£96,019**|2022-23 was hopefully the start of things to come as bookings already taken for this year are
ooking to exceed last year9s bookings.
**BOOKING COMPARISON**
**Full Year Bookings **
**Scheduled Bookings as of 1st Aug 2023**
**2022 - 2023**
**2023 - 2024**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**LABGC Clubs**
**6**
14
6
1
**4**
9
4
0
**GMYF Clubs**
**6**
20
16
0
**13**
34
44
0
**Other**
**Youth Groups**
**14**
42
35.5
0
**9**
24
27
0
**Schools**
**3**
12
14
0
**6**
20
28
0
**Private**
**31**
77
7.5
0
**17**
37
5
1
**TOTALS**
**60**
**165**
**79**
**1**
**49**
**124**
**108**
**1**
**NCOME**
**Accommodation**
**Activity**
**Other**
**Totals**
**2022 – 23**
Full Year
Bookings Income
**£64,247**
**£34,994**
**£3,977**
**£103,217**
**2023 – 24**
Scheduled
Bookings Income
at 1st Aug 2023
**£51,048**
**£40,800**
**£4,171**
**£96,019**|2022-23 was hopefully the start of things to come as bookings already taken for this year are
ooking to exceed last year9s bookings.
**BOOKING COMPARISON**
**Full Year Bookings **
**Scheduled Bookings as of 1st Aug 2023**
**2022 - 2023**
**2023 - 2024**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**LABGC Clubs**
**6**
14
6
1
**4**
9
4
0
**GMYF Clubs**
**6**
20
16
0
**13**
34
44
0
**Other**
**Youth Groups**
**14**
42
35.5
0
**9**
24
27
0
**Schools**
**3**
12
14
0
**6**
20
28
0
**Private**
**31**
77
7.5
0
**17**
37
5
1
**TOTALS**
**60**
**165**
**79**
**1**
**49**
**124**
**108**
**1**
**NCOME**
**Accommodation**
**Activity**
**Other**
**Totals**
**2022 – 23**
Full Year
Bookings Income
**£64,247**
**£34,994**
**£3,977**
**£103,217**
**2023 – 24**
Scheduled
Bookings Income
at 1st Aug 2023
**£51,048**
**£40,800**
**£4,171**
**£96,019**|2022-23 was hopefully the start of things to come as bookings already taken for this year are
ooking to exceed last year9s bookings.
**BOOKING COMPARISON**
**Full Year Bookings **
**Scheduled Bookings as of 1st Aug 2023**
**2022 - 2023**
**2023 - 2024**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**LABGC Clubs**
**6**
14
6
1
**4**
9
4
0
**GMYF Clubs**
**6**
20
16
0
**13**
34
44
0
**Other**
**Youth Groups**
**14**
42
35.5
0
**9**
24
27
0
**Schools**
**3**
12
14
0
**6**
20
28
0
**Private**
**31**
77
7.5
0
**17**
37
5
1
**TOTALS**
**60**
**165**
**79**
**1**
**49**
**124**
**108**
**1**
**NCOME**
**Accommodation**
**Activity**
**Other**
**Totals**
**2022 – 23**
Full Year
Bookings Income
**£64,247**
**£34,994**
**£3,977**
**£103,217**
**2023 – 24**
Scheduled
Bookings Income
at 1st Aug 2023
**£51,048**
**£40,800**
**£4,171**
**£96,019**|2022-23 was hopefully the start of things to come as bookings already taken for this year are
ooking to exceed last year9s bookings.
**BOOKING COMPARISON**
**Full Year Bookings **
**Scheduled Bookings as of 1st Aug 2023**
**2022 - 2023**
**2023 - 2024**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**LABGC Clubs**
**6**
14
6
1
**4**
9
4
0
**GMYF Clubs**
**6**
20
16
0
**13**
34
44
0
**Other**
**Youth Groups**
**14**
42
35.5
0
**9**
24
27
0
**Schools**
**3**
12
14
0
**6**
20
28
0
**Private**
**31**
77
7.5
0
**17**
37
5
1
**TOTALS**
**60**
**165**
**79**
**1**
**49**
**124**
**108**
**1**
**NCOME**
**Accommodation**
**Activity**
**Other**
**Totals**
**2022 – 23**
Full Year
Bookings Income
**£64,247**
**£34,994**
**£3,977**
**£103,217**
**2023 – 24**
Scheduled
Bookings Income
at 1st Aug 2023
**£51,048**
**£40,800**
**£4,171**
**£96,019**|2022-23 was hopefully the start of things to come as bookings already taken for this year are
ooking to exceed last year9s bookings.
**BOOKING COMPARISON**
**Full Year Bookings **
**Scheduled Bookings as of 1st Aug 2023**
**2022 - 2023**
**2023 - 2024**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**Groups**
**Nights**
**Activity**
**Days**
**Solo**
**Activity**
**Days**
**LABGC Clubs**
**6**
14
6
1
**4**
9
4
0
**GMYF Clubs**
**6**
20
16
0
**13**
34
44
0
**Other**
**Youth Groups**
**14**
42
35.5
0
**9**
24
27
0
**Schools**
**3**
12
14
0
**6**
20
28
0
**Private**
**31**
77
7.5
0
**17**
37
5
1
**TOTALS**
**60**
**165**
**79**
**1**
**49**
**124**
**108**
**1**
**NCOME**
**Accommodation**
**Activity**
**Other**
**Totals**
**2022 – 23**
Full Year
Bookings Income
**£64,247**
**£34,994**
**£3,977**
**£103,217**
**2023 – 24**
Scheduled
Bookings Income
at 1st Aug 2023
**£51,048**
**£40,800**
**£4,171**
**£96,019**| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||||| |||**Full Year Bookings **||||||**Scheduled Bookings as of 1st Aug 2023**|||||| |||||**2022**|**- 2023**|||||**2023**|**- 2024**||| |||**Groups**||**Nights**|**Activity**
**Days**|**Solo**
**Activity**
**Days**||**Groups**||**Nights**|**Activity**
**Days**||**Solo**
**Activity**
**Days**| ||**LABGC Clubs**|**6**||14|6|1||**4**||9||4|0| ||**GMYF Clubs**|**6**||20|16|0||**13**||34||44|0| ||**Other**
**Youth Groups**|
**14**||42|35.5|0||**9**||24||27|0| ||**Schools**|**3**||12|14|0||**6**||20||28|0| ||**Private**|**31**||77|7.5|0||**17**||37||5|1| ||**TOTALS**|**60**||**165**|**79**|**1**||**49**||**124**||**108**|**1**| ||||||||||||||| ||**NCOME**||||||||||||| |||||||**Activity**||||||**Totals**|| |||||||||||**Other**|||| ||||||||||||||| ||**2022 – 23**
Full Year
Bookings Income|||**£64,247**||**£34,994**||||||**£103,217**|| |||||||||||**£3,977**|||| ||||||||||||||| ||**2023 – 24**
Scheduled
Bookings Income
at 1st Aug 2023|||**£51,048**||**£40,800**||||||**£96,019**|| |||||||||||**£4,171**|||| ||||||||||||||| 13 **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE) TRUSTEES ANNUAL REPORT (INCLUDING DIRECTORS REPORT AS REQUIRED BY COMPANY LAW) YEAR ENDED 31 MARCH 2023** Bookings for the Mill are certainly on the rise from our target groups of young people. And feedback from visiting groups is very positive with young people having great experiences and producing lifelong memories. However, there is still work to be done. We need to increase our offer to our member clubs and where possible reduce the price further especially during less busy times over the winter. We will need to invest around £3,000 on PPE kit and replacement equipment over the coming 12 months. The inside of the Mill is looking great with new pictures on the walls and we are currently investing in new bedding, mattresses and soft furnishings around the centre to make the centre as cosy and welcoming as possible. The picture frame at the end of the Paddock has been rebuilt to allow groups to take photos with the magnificent views in the background. We have recently secured over £2,500 from Glasdon Charitable Group for the purchase of the new lawnmower to enable us to keep on top of the ever-growing paddock. As mentioned previously, the Mill is old and needs constant 8TLC9 with a never-ending list of jobs to be done and we constantly run the risk of flooding. Flooding from time to time is inevitable, nevertheless we are continually looking at damage limitation and how we can improve our flood defences, to reduce damage, clean up time and energy and safeguard our equipment and resources. The roof in the classroom still needs attention, as does the path around the back of the Mill, the barn needs pointing along with several areas of the Mill. The Kitchen, although highly functional could do with an overhaul as it is becoming tired and worn. The continued cost of living crisis is going to present many challenges over the autumn and winter months. Not only for ourselves, but for youth groups operating their clubs. This will of course have an impact on our energy and fuels costs and it will present another reason for groups not to attend Ormside, which would reduce the expected income from bookings. All this and more requires funding that we don9t currently have, so we continue in our efforts to raise funds from private groups when youth groups are not booked in and from external charitable trusts and foundations. We will continue to seek funding to provide heavily subsidised residentials and activities for disadvantaged young people in our member clubs, especially where those clubs do not have the funds to visit Ormside Mill or the capability of seeking funds for themselves. However, we are mindful, that the needs of our clubs lie not just in funding, but also in staff capacity, training and the ever-growing issue of access to transport. To this end, we will retain our ability to be able to offer transport to groups and support staffing costs where we can. 14 ## **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE) TRUSTEES ANNUAL REPORT (INCLUDING DIRECTORS REPORT AS REQUIRED BY COMPANY LAW) YEAR ENDED 31 MARCH 2023** The importance of providing residential and learning experiences, especially to disadvantaged young people, remains a high priority for the Ormside Mill board of directors and the need to increase revenue will pave a way to allow this. ## **Thanks** We are pleased to acknowledge the efforts of the Ormside Mill staff team which has resulted in the continued delivery of a high quality service and programme which is improving year on year. We remain most grateful for the many individuals and organisations who supported the work of the Mill throughout the year, either through financial support, donations of resources or 'in kind' contributions. A special mention is appropriate for The Garfield Weston who supported us during this financial year and The Glasdon Charitable Group who supported this year May 2023. ## **Financial Review** The detailed Financial Statements are set out on pages 18 onwards. |**Year End: March**|**2023**|**2022**|**2021**| |---|---|---|---| |_Aggregate expenditure for the year was_|**£91,139**|**£112,967**|**£64,663**| |_compared with total income of_|**£129,308**|**£83,831**|**£80,778**| |_resulted in a surplus (deficit) of_|**£38,169**|**(£29,136)**|**£16,115**| |_whilst net working capital increased to_|**£89,704**|**£43,062**|**£55,470**| ## **Reserves Policy** The Trustees have considered the need to establish appropriate reserves to resource the operations of the charity. The charity is reliant on the support of funding bodies and other charities to maintain its activities and services to young people and grants received are typically for a limited period or for a restricted purpose. In light of the rural and isolated location of the premises, the Trustees recognise that unpredictable circumstances may from time to time arise resulting in possible loss of income and increased costs. Reserves are needed to bridge gaps and shortfalls in funding, to meet the cost of emergency repairs and to sustain operations over periods when activities may be curtailed or restricted. The free reserves at 31st March 2023 were £89,704 (2022 £42,062) after the deduction of fixed assets and addition of long-term funding on the property. The Trustees are pleased with the improvement in free reserves during the year, but acknowledge that further reserves are required to safeguard the charity from any future exceptional expenditure. 15 ## **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE) TRUSTEES ANNUAL REPORT (INCLUDING DIRECTORS REPORT AS REQUIRED BY COMPANY LAW) YEAR ENDED 31 MARCH 2023** ## **Responsibilities of the Trustees** The Trustees (who are also the directors of Ormside Mill Residential Centre Ltd 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. Company law requires the Trustees to prepare Financial Statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources of the charitable company for that period. In preparing these 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 - 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 going concern basis unless it is inappropriate to presume that the charitable company will continue in operation The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the Financial Statements comply with the Companies Act 2006. The Trustees 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. ## **Independent Examiner** A proposal to reappoint G Howse BSc, FMAAT as independent examiner for the ensuing year will be put before the Annual General Meeting. Signed on behalf of the Trustees ## **Keith Gillies** Trustee Chair 28 November 2023 16 ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ORMSIDE MILL RESIDENTIAL CENTRE LIMITED YEAR ENDED 31 MARCH 2023 I report to the charity trustees on my examinatlon of the accounts of the company for the year ended 31 March 2023, which are set out on pages 18 to 30. . 14 Raspon61bllltle$ and basls of rnport As the charity Iruslees of the company (and its dlrectors for the purposes of comp8rsy law}, you are r8sponsibl8 for the preparation of the accounts in accordance with th& requirem9nts of the Companies Act 20061'lhe 2006 Act,). Havlng satlsfled myself that the accounts of the company are not ￿qUired to be audited under Part 16 of the 2006 Act and are eliglble for independent examination, I report in respect of my examination of your company's accoLtnls as carrled out under secllon 145 of the Ch8rllles Act 20111'lhe 2011 Act'l. In carying out my examinatkjn I have followed the Directlons given by the Charlty Commission under section 14515) {b) of the 2011 Act. Indop•nd•nt èxamlnefs statement I have completed my examinatlon. I confimi that no matters have Come to my attention in connection wsth the examination givlng me causè to belleve that In any malgri81 r8spect'. accountlng records were not kept in respect of the company as r8qulred by secllon 386 of th& 2006 ACL or 2. the accounts do not accord with those rocords,. or 3. the accounts do not comply with the accountSng requlrèmenls of section 396 of the 2006 Act other than any requirement Ihal the accounts give a 'true and fair view. which is not a matter consldered as pirt of an independent examination., or 4. the accounts have not been p￿pared in accordance with the methods and PTin¢iples of the Slalemenl of Recommended Practice for accounting and r8POrtlng by charf(ies applicable to charities preparing their accounts Sn accordance with the Financlal Reportlng Standard applicable in the UK and Republic of Ireland (FRS 1021. I have no concerns and have come across no other matters in connection with the examlnalion to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. owso BS CWR Cha 20 Mannin Way Lancaster Business Park Calon Road Lancaster LA1 3SW FMAAT Aecounlanls lolJiJTaY,. 17 **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE)** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2023** |**Notes**
**Income from:**
Donations and legacies
**3**
Charitable activities
**4**
Trading activities
**5**
Other
**6**
**Total income**
**Expenditure on:**
Raising funds
**5**
Charitable activities
**7**
**Total expenditure**
**Net income/(expenditure)**
Transfers between funds
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
**12**|**Unrestricted**
**Funds**
**£**
-
31,765
72,192
351
104,308
35,974
55,165
91,139
13,169
25,000
38,169
134,598
172,767|**Restricted**
**Funds**
**£**
25,000
-
-
-
25,000
-
-
-
25,000
(25,000)
-
-
-|**Total**
Total
**2023**
2022
**£**
£
**25,000**
12,775
**31,765**
40,349
**72,192**
27,422
**351**
3,285
**129,308**
83,831
**35,974**
34,835
**55,165**
78,132
**91,139**
112,967
**38,169**
(29,136)
**-**
-
**38,169**
(29,136)
**134,598**
163,734
**172,767**
134,598| |---|---|---|---| The Statement of Financial Activities includes all gains and losses in the year. All of the above relate to continuing activities. The Statement of Financial Activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. The notes on pages 20 to 30 form part of these financial statements. -18- **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE)** ## **BALANCE SHEET** ## **AS AT 31 MARCH 2023** |**Notes**
**Fixed Assets**
Tangible assets
**11**
**Current Assets**
Debtors
**12**
Cash at bank and in hand
**13**
**Net Current Assets**
**Total assets less current liabilities**
**14**
**Total net assets**
**Funds:**
Restricted income funds
**15**
Unrestricted income funds
**15**
**Current Liabilities:**amounts falling due
within one year
**Current Liabilities:**amounts falling due in
greater than one year|**£**
£
**£**
£
298,063
307,536
298,063
307,536
3,609
5,150
115,487
89,372
119,096
94,522
(29,392)
(52,460)
89,704
42,062
387,767
349,598
(215,000)
(215,000)
172,767
134,598
-
-
172,767
134,598
172,767
134,598
**2022**
**2023**|**£**
£
**£**
£
298,063
307,536
298,063
307,536
3,609
5,150
115,487
89,372
119,096
94,522
(29,392)
(52,460)
89,704
42,062
387,767
349,598
(215,000)
(215,000)
172,767
134,598
-
-
172,767
134,598
172,767
134,598
**2022**
**2023**| |---|---|---| |||349,598
(215,000)| |||134,598| |||-
134,598| |||134,598| The financial statements have been prepared in accordance with the provisions for small companies’, subject to the small company’s regime, and in accordance with FRS102 SORP. For the year ended 31 March 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The Trustees have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and the trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts. These accounts were approved by the Board and authorised for issue on 28 November 2023 and are signed on their behalf by: **S K Gillies Chair** ## **Company Registration Number: 03685038** The notes on pages 20 to 30 form part of these financial statements. -19- **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** ## **1. Accounting Policies** ## **Legal form** The charity constitutes a limited company, limited by guarantee as defined by the Companies Act 2006, incorporated in England and Wales. The address of the charity, the nature of its operations and its principal activities are all detailed in the Trustees' report and charity administrative details pages in these financial statements. ## **Basis of accounting** The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with the accounting policies set out in the note to the accounts and comply with the charity's governing document, the Charities Act 2011 and 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 (FRS 102). The financial statements have been prepared on a going concern basis under the historical cost convention. The financial statements are prepared in sterling which is the function currency of the charity. The significant 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 Trustees' consider the Charity to have sufficient working capital to see it through a period of at least 12 months and at the time of approving the financial statements, have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements. ## **Income** Donations and grants are included in the statement of financial activities when the Charity is entitled and the amount can be measured with reasonable accuracy. Income from charitable activities and income from trading activities is recognised upon the relevant charitable service being provided and therefore the charity becomes entitled to such funds. Income received relating to future bookings is deferred until that date. Where grant funding is received for the purchase of capital equipment, the income is recognised when the purchase of those items occurs, in accordance with the terms of the grants. Government grant income received relates to support received during the COVID-19 pandemic including income under the Coronavirus Job Retention Scheme and support from local councils through short term grant funding. Income is recognised on receipt or entitlement. -20- **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE)** **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** ## **1. Accounting Policies (continued)** ## **Expenditure** Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. Support costs are incurred to directly support the objectives of the charity and are allocated to charitable activities expenditure and raising funds expenditure according to the estimated spread of such costs in any period. ## **Fixed assets** All fixed assets are recorded initially at cost. Tangible fixed assets are depreciated on a straight-line basis over their estimated useful lives as follows: |Freehold land|-|not depreciated| |---|---|---| |Freehold property and improvements|-|2% straight line| |Equipment, fixtures and fittings|-|15-25% straight line| |Motor vehicles|-|25% straight line| ## **Debtors and creditors** Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. Loans repayable in more than one year are disclosed as such on the basis that such loans were provided for the purpose of acquiring freehold property which is non-current. There is no planned repayment of such loan balances. ## **Cash and cash equivalents** Cash held by the charity comprises of cash held on call at banks and cash in hand. ## **Accumulated funds** Unrestricted funds are available for use at the discretion of the Trustees in the furtherance of the general activities of the charity. Restricted funds are subjected to restrictions on their expenditure imposed by the donor. ## **Financial instruments** The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to contractual provisions of the instrument. Financial assets and liabilities are offset when there is a legally enforceable right to offset the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. -21- **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** ## **1. Accounting Policies (continued)** ## _Basic financial assets_ Basic financial assets are initially measured at transaction price including transaction costs, and are subsequently carried at amortised cost using the effective interest rate method. Financial assets classified as receivable within one year are not amortised. Financial assets are derecognised when contractual rights are settled. ## _Impairment of financial assets_ Financial assets are assessed for impairment at each reporting date. Financial assets are impaired where there is evidence that the estimated future cash flows have been affected. If impaired, the impairment loss is recognised in the statement of comprehensive income. ## _Financial liabilities_ Basic financial liabilities are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled. ## **2. Judgements and key sources of estimation uncertainty** In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors considered to be relevant. Actual results may differ from these estimates. In the opinion of the Trustees there have been no significant judgements made in the process of applying the above accounting policies. There have been no key assumptions concerning future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material misstatement of the carrying amount of assets and liabilities within the next financial year. -22- **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 MARCH 2023** ## **3 Income from donations and legacies** |**Donations received**
Garfield Weston
Eden Council Covid Support
The Clothworkers|**Unrestricted**
**Funds**
**£**
-
-
-
-|**Restricted**
**Funds**
**£**
25,000
-
-
25,000|**2023**
2022
**Total**
Total
**£**
£
**25,000**
-
**-**
8,775
**-**
4,000
**25,000**
12,775| |---|---|---|---| Income from donations and legacies included £4,000 from restricted funds and £8,775 from unrestricted funds in the prior period. ## **4 Income from charitable activities** |Accommodation charges
Activity fees and other charges|**Unrestricted**
**Funds**
**£**
12,455
19,310
31,765|**Restricted**
**Funds**
**£**
-
-
-|**2023**
2022
**Total**
Total
**£**
£
**12,455**
29,220
**19,310**
11,129
**31,765**
40,349| |---|---|---|---| Income from charitable activities was entirely unresticted in the comparative period. The income derives wholly from the operation of Ormside Mill as a centre for providing young people with the opportunity to benefit from learning experiences. ## **5 Income from trading activities and associated costs of raising funds** |Income from trading activites
**Total income from trading activities**|**Unrestricted**
**Funds**
**£**
72,192
72,192|**Restricted**
**Funds**
**£**
-
-|**2023**
2022
**Total**
Total
**£**
£
**72,192**
27,422
**72,192**
27,422| |---|---|---|---| -23- **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 MARCH 2023** ## **5 Income from trading activities and associated costs of raising funds (continued)** |**Expenditure on trading activities (Note 8)**
Staff costs
Recharged costs
Activity and servicing costs
Premises costs
Administration costs
Travel and motor costs
Depreciation
**Total expenditure on trading activities**
**Net (loss)/profit**|**Unrestricted**
**Funds**
**£**
6,695
-
9,000
6,362
6,418
3,766
3,733
35,974
36,218|**Restricted**
**Funds**
**£**
-
-
-
-
-
-
-
-
-|**2023**
2022
**Total**
Total
**£**
£
**6,695**
3,017
**-**
1,003
**9,000**
8,429
**6,362**
8,822
**6,418**
5,406
**3,766**
2,810
**3,733**
5,348
**35,974**
34,835
**36,218**
(7,413)| |---|---|---|---| All income from trading activity was unrestricted in the prior period. ## **6 Other income** |Other income
Bank interest|**Unrestricted**
**Funds**
**£**
300
51
351|**Restricted**
**Funds**
**£**
-
-
-|**2023**
2022
**Total**
Total
**£**
£
**300**
3,285
**51**
-
**351**
3,285| |---|---|---|---| All other income in the prior period was unrestricted. -24- **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 MARCH 2023** ## **7 Expenditure on charitable activities** |**_Operation of a residential centre:_**
Staff costs
Recharged costs
Activity and servicing costs
Premises costs
Administration costs
Travel and motor costs
Depreciation
Other governance costs
**Note 8**|**Unrestricted**
**Funds**
**£**
12,996
-
9,001
8,687
12,459
3,766
7,245
1,011
55,165|**Restricted**
**Funds**
**£**
-
-
-
-
-
-
-
-
-|**2023**
2022
**Total**
Total
**£**
£
**12,996**
5,857
**-**
1,948
**9,001**
8,429
**8,687**
37,337
**12,459**
10,494
**3,766**
2,810
**7,245**
10,380
**1,011**
877
**55,165**
78,132| |---|---|---|---| In the prior year, £74,132 of expenditure on charitable activities was unrestricted, while £4,000 of premises costs related to restricted expenditure. ## **8 Allocation of expenditure including support costs** |Staff costs
Recharged costs
Activity and servicing costs
Premises costs
Administration costs
Travel and motor costs
Depreciation
Other governance costs|**Raising**
**Funds**
**£**
6,695
-
9,000
6,362
6,418
3,766
3,733
-
35,974|**Charitable**
**Activities**
**£**
12,996
-
9,001
8,687
12,459
3,766
7,245
1,011
55,165|**2023**
2022
**Total**
Total
**£**
£
**19,691**
8,874
**-**
2,951
**18,001**
16,858
**15,049**
46,159
**18,877**
15,900
**7,532**
5,620
**10,978**
15,728
**1,011**
877
**91,139**
112,967| |---|---|---|---| Support costs are allocated at the Trustees best estimate of where costs are incurred by the Charity. -25- **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 MARCH 2023** |**9**
**Net income/(expenditure)**
Net income/(expenditure) is after charging:
Independent examiner's remuneration
**10**
**Staff costs**
Wages and salaries
Social security
Pension|**2023**
**£**
**996**
**2023**
**Total**
**£**
**19,467**
**-**
**224**
**19,691**|**2022**
£
877| |---|---|---| |||2022
Total
£
8,295
311
268| |||8,874| No employee earned £60,000 or more in the current or prior period. Key management personnel are considered to be the Trustees of the charity. No remuneration was paid to any Trustees in the current or prior period. The average number of employees during the year was 2 (2022: 1). |**11**
**Tangible fixed assets**
**Cost**
At 1 April 2022
Additions
Disposals
At 31 March 2023
**Depreciation**
At 1 April 2022
Charge for the year
Eliminated on disposals
At 31 March 2023
**Net book value**
At 31 March 2023
At 31 March 2022|**Freehold**
**Land &**
**Buildings**
**£**
152,273
**-**
**-**
152,273
35,532
1,544
**-**
37,076
**115,197**
116,741|**Freehold**
**Property**
**Impr'ments**
**£**
308,593
**-**
**-**
308,593
122,782
6,168
**-**
128,950
**179,643**
185,811|**Equipment**
**Fixtures &**
**Fittings**
**£**
68,111
1,505
**-**
69,616
63,627
2,766
**-**
66,393
**3,223**
4,484|**Motor**
**Vehicles**
**£**
22,794
**-**
**-**
22,794
22,294
500
**-**
22,794
**-**
500|**Total**
**£**
**551,771**
**1,505**
**-**| |---|---|---|---|---|---| ||||||**553,276**
**244,235**
**10,978**
**-**| ||||||**255,213**
**298,063**| ||||||307,536| Included within freehold land and buildings is £75,000 (2022: £75,000) of non-depreciable land All assets are used for direct charitable purposes. -26- **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 MARCH 2023** |**12**
**Debtors**
Debtors
Prepayments
**13**
**Creditors: amounts falling due within one year**
Deferred income
Trade creditors
Accruals
**14**
**Creditors: amounts falling due in greater than one year**
Loan - Lancashire Association of Boys & Girls Clubs (LABGC)
Loan - Greater Manchester Youth Federation (GMYF)|**2023**
**£**
**1,833**
**1,776**
**3,609**
**2023**
**£**
**22,136**
**836**
**6,420**
**29,392**
**2023**
**£**
**107,500**
**107,500**
**215,000**|2022
**£**
2,995
2,155| |---|---|---| |||5,150| |||2022
**£**
34,101
16,464
1,895| |||52,460| |||2022
**£**
107,500
107,500| |||215,000| The Trustees have determined that the above balances should be presented as due in more than one year on the basis that these funds were provided for the purchase of freehold property included within fixed assets. There is no planned repayment of such loan balances. -27- ## **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 MARCH 2023** ## **15 Analysis of charitable funds: Current year** |**Restricted funds:**
Garfield Weston
**Unrestricted funds:**
General funds|**At 1 April**
**2022**
**£**
**-**
134,598
134,598|**Income**
**£**
25,000
104,308
129,308|**Expenditure**
**£**
-
(91,139)
(91,139)|**At 31 March**
**Transfers**
**2023**
**£**
**£**
(25,000)
**-**
25,000
**172,767**
-
**172,767**| |---|---|---|---|---| The Garfield Weston grant was much needed funding to replace the roof at Ormside Mill and allow charitable activity to continue. The repair work was spent in the prior year before 31 March 2022 therefore a transfer to unrestricted reserves has been made to reflect the fact that this fund was fully spent. ## **16 Analysis of charitable funds: Prior year** |**Restricted funds:**
The Clothworkers
**Unrestricted funds:**
General funds|**At 1 April**
**2021**
**£**
**-**
163,734
163,734|**Income**
**£**
4,000
79,831
83,831|**Expenditure**
**£**
(4,000)
(108,967)
(112,967)|**At 31 March**
**Transfers**
**2022**
**£**
**£**
-
**-**
-
**134,598**
-
**134,598**| |---|---|---|---|---| The Clotherworkers restricted fund was received to support various building and repair work around the Mill and had been fully spent in the prior year. -28- **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 MARCH 2023** ## **17 Analysis of net assets by funds: Current year** |**Fund balances at 31 March 2023:**
Fixed assets
Current assets
Current liabilities
Long term liabilities|**Unrestricted**
**Funds**
**£**
298,063
119,096
(29,392)
(215,000)
172,767|**Restricted**
**Funds**
**Total**
**£**
**£**
-
**298,063**
-
**119,096**
-
**(29,392)**
-
**(215,000)**
-
**172,767**| |---|---|---| ## **18** ## **Analysis of net assets by funds: Prior year** |**Fund balances at 31 March 2022:**
Fixed assets
Current assets
Current liabilities
Long term liabilities|**Unrestricted**
**Funds**
**£**
307,536
94,522
(52,460)
(215,000)
134,598|**Restricted**
**Funds**
**Total**
**£**
**£**
-
**307,536**
-
**94,522**
-
**(52,460)**
-
**(215,000)**
-
**134,598**| |---|---|---| ## **19 Related Party Transactions** The charity has purchased Charity Trustees Indemnity Insurance at a cost of £400 (2022: £400). One Trustee was reimbursed a total of £109 (2022: £2,892) for travel expenses and other costs incurred on behalf of the charity. A balance of £nil (2022: £202) is owing to the Trustee at the year end. The charity is under the control of trustees of both Lancashire Association of Boys and Girls Clubs (LABGC) and Greater Manchester Youth Federation (GMYF). The charity paid management fees of £17,500 (2022: £12,500) to LABGC during the period, and made other purchases of £180 (2022: £3,668). Total income received from LABGC was £1,192 (2022: £1,096) and income received from GMYF was £7,080 (2022: £945). At the balance sheet date, a long-term loan of £107,500 (2022: £107,500) was due to LABGC and a further £107,500 (2022: £107,500) was due to GMYF. Hammarbank Trust also holds a charge over the Ormside property as security for a loan of £50,000 made to LABGC to facilitate the loan to Ormside Mill to purchase the property. The charity has no other disclosable related party transactions in the current or prior period. -29- **ORMSIDE MILL RESIDENTIAL CENTRE LIMITED (COMPANY LIMITED BY GUARANTEE)** **FOR THE YEAR ENDED 31 MARCH 2023** ## **NOTES TO THE ACCOUNTS** ## **20 Controlling party** The company is controlled by its members in general meetings in accordance with the Memorandum and Articles of Association. No member is entitled to more than one vote. ## **21 Company limited by guarantee** Every member guarantees, in the event of the charitable company being wound up, while he, she or it remains a member, or within 12 months of he, she or it ceasing to be a member, to contribute £1 towards the cost of dissolution and the liabilities incurred by the charity while the contributor was a member. -30-