REGISTERED COMPANY NUMBER: 08611387 (England and Wales) REGISTERED CHARITY NUMBER: 1082425
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2024
for
Lupset Jubilee Hall Community Centre Ltd
Lupset Jubilee Hall Community Centre Ltd
Contents of the Financial Statements For the Year Ended 31 March 2024
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 to 6 |
| Notes to the Financial Statements | 7 to 11 |
| Detailed Statement of Financial Activities | 12 |
Lupset Jubilee Hall Community Centre Ltd
Report of the Trustees
For the Year Ended 31 March 2024
The trustees who are also directors of the charity for the purposes of Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of 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) (effective 1 January 2019).
OBJECTIVES AND AIMS
We had our best year ever for meals-on-wheels, delivering 12,992 meals to local people plus 590 meals to a local luncheon club. Buffets, parties and room rent improved as well.
We fulfilled two of our objectives - we recruited another volunteer and we were successful in getting a Local Capital Fund grant for more equipment. The increasing costs of food, fuel and wages is becoming more of a challenge. In March 2024, we received a Community Cost of Living Grant to help towards the cost of wages in the next financial year.
The objectives for the forthcoming year are:
-
Make more use of social media
-
Recruit more volunteers and committee members
-
Find a source of sustainable funding
GOVERNING DOCUMENT
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company Number
08611387 (England and Wales)
Registered Charity Number
1082425
Registered Office
Lupset Jubilee Hall Community Centre 5 Road Ends, Townley Road Lupset Jubilee Hall Community Centre Wakefield West Yorkshire WF2 8NS
Trustees
Hilary Mitchell Carol Travers Carole Wade
Page 1
Lupset Jubilee Hall Community Centre Ltd
Report of the Trustees
For the Year Ended 31 March 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Company Secretary Hilary Mitchell
Solicitors
Switalskis 19 Cheapside Wakefield WF1 2SD
Approved by order of the board of trustees on 6 December 2024 and signed on its behalf by:
Mrs Hilary Gail Mitchell - Trustee
Page 2
Lupset Jubilee Hall Community Centre Ltd
Independent Examiner's Report to the Trustees of Lupset Jubilee Hall Community Centre Ltd
Independent examiner's report to the trustee of Lupset Jubilee Hall Community Centre Ltd ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
1.accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
2.the accounts do not accord with those records; or
3.the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
- 4.the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Name: …......................................................
Date: …........................................................
Page 3
Lupset Jubilee Hall Community Centre Ltd
Statement of Financial Activities
For the Year Ended 31 March 2024
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Grants Investment income 2 Total EXPENDITURE ON Raising funds 3 Charitable activities Total NET INCOME / EXPENDITURE RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
31.03.24 31.03.23 Unrestricted Fund Total Funds £ £ 146,286 111,807 6,168 19,169 126 86 |
|---|---|
| 152,580 131,062 |
|
| 12,932 14,678 145,484 119,838 |
|
| 158,416 134,516 |
|
| 5,836 - 3,454 - 21,054 24,380 |
|
| 15,218 20,926 |
The notes form part of these financial statements Page 4
Lupset Jubilee Hall Community Centre Ltd
Balance Sheet
| For the Year Ended 31 March 2024 Notes FIXED ASSETS Tangible assets 8 CURRENT ASSETS Debtors 9 Cash at bank and in hand CREDITORS Amounts falling due within one year 10 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 11 NET ASSETS FUNDS 12 Unrestricted funds TOTAL FUNDS |
31.03.24 31.03.23 Unrestricted Fund Total Funds £ £ 16,836 12,927 9,355 9,260 20,807 3,513 |
|---|---|
| 30,162 12,773 10,617 - 3,113 - |
|
| 19,545 9,660 |
|
| 36,381 22,587 21,162 - 1,660 - |
|
| 15,219 20,927 |
|
| 15,218 20,926 |
|
| 15,218 20,926 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements Page 5
continued...
Lupset Jubilee Hall Community Centre Ltd
Balance Sheet - continued For the Year Ended 31 March 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 6 December 2024 and were signed on its behalf by:
Mrs Hilary Gail Mitchell - Trustee
The notes form part of these financial statements Page 6
Lupset Jubilee Hall Community Centre Ltd
Notes to the accounts
For the Year Ended 31 March 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings
20% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
The interest element of these obligations is charged to the Statement of Financial Activities over the relevant period. The capital element of the future payments is treated as a liability.
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
continued...
Page 7
Lupset Jubilee Hall Community Centre Ltd
Notes to the Accounts - continued For the Year Ended 31 March 2024
2. INVESTMENT INCOME
| Interest receivable 3. RAISING FUNDS Building Property repairs 4. NET INCOME / EXPENDITURE Net income / expenditure is stated after charging / crediting: Depreciation - owned assets Hire of plant and machinery Rent |
31.03.24 31.03.23 £ £ 126 86 |
|---|---|
| 31.03.24 31.03.23 £ £ 4,740 6,887 |
|
| 31.03.24 31.03.23 £ £ 7917 7611 225 130 50 50 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31.03.24 | 31.03.23 | |
|---|---|---|
| Employees during the year | 5 | 5 |
| Volunteers | 3 | 2 |
No employees received emoluments in excess of £60,000.
continued...
Page 8
Lupset Jubilee Hall Community Centre Ltd
Notes to the Financial Statements - continued For the Year Ended 31 March 2024
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies Grants Investment income Total EXPENDITURE ON Raising funds Charitable activities Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 8. FIXED ASSETS Audio-visual equipment and computers £ Fixtures and fittings £ COST At 1 April 2023 1 45,578 Additions - 11,828 Disposals - - At 31 March 2024 1 57,406 DEPRECIATION At 1 April 2023 - 32,652 Charge for Year - 7,919 Disposals - - At 31 March 2024 - 40,571 NET BOOK VALUE At 31 March 2024 1 16,835 At 31 March 2023 1 12,926 |
INCOME AND ENDOWMENTS FROM Donations and legacies Grants Investment income Total EXPENDITURE ON Raising funds Charitable activities Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 8. FIXED ASSETS Audio-visual equipment and computers £ Fixtures and fittings £ COST At 1 April 2023 1 45,578 Additions - 11,828 Disposals - - At 31 March 2024 1 57,406 DEPRECIATION At 1 April 2023 - 32,652 Charge for Year - 7,919 Disposals - - At 31 March 2024 - 40,571 NET BOOK VALUE At 31 March 2024 1 16,835 At 31 March 2023 1 12,926 |
Unrestricted Funds £ 111,807 19,169 86 |
|---|---|---|
| 131,062 | ||
| 14,678 119,838 |
||
| 134,516 | ||
| 3,454 - 24,380 |
||
| 20,926 | ||
| Totals £ 45,579 11,828 - |
||
| 1 57,406 |
57,407 | |
| - 32,652 - 7,919 - - |
32,652 7,919 - |
|
| - 40,571 |
40,571 | |
| 1 16,835 |
16,836 | |
| 1 12,926 |
12,927 |
continued...
Page 9
Lupset Jubilee Hall Community Centre Ltd
Notes to the Financial Statements - continued For the Year Ended 31 March 2024
9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade debtors Prepayments 10. CREDITORS: AMOUNTS FALLING DUE WITHIN |
31.03.24 31.03.23 £ £ 6,957 6,913 2,398 2,347 |
|---|---|
| 9,355 9,260 |
|
| ONE YEAR 31.03.24 31.03.23 £ £ 7,692 497 1,249 434 357 286 - 136 1,319 1,760 |
|
| Trade creditors Social security and other taxes Pensions Attachment of earnings order Accrued expenses |
|
| 10,617 3,113 |
11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
| Accruals and deferred income | 31.03.24 31.03.23 £ £ 21,162 1,660 |
|---|---|
| 21,162 1,660 |
12. MOVEMENT IN FUNDS
| Unrestricted funds General fund TOTAL FUNDS |
At 01.04.23 Net movement in funds At 31.03.24 £ £ £ 21054 5,836 - 15,218 |
|---|---|
| 21054 -5836 15218 |
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources Resources expended Movement in funds £ £ £ 152581 158,416 - 5,835 - |
|---|---|
| 152581 -158416 -5835 |
continued...
Page 10
Lupset Jubilee Hall Community Centre Ltd
Notes to the Financial Statements - continued For the Year Ended 31 March 2024
12. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund TOTAL FUNDS |
At 01.04.22 Net movement in funds At 31.03.23 £ £ £ 24,380 3,445 - 20,926 |
|---|---|
| 24,380 3,445 - 20,926 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources Resources expended Movement in funds £ £ £ 131,061 134,516 - 3,455 - |
|---|---|
| 131,061 134,516 - 3,455 - |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 01.04.22 Net movement in funds At 31.03.24 £ £ £ 24,380 9,162 - 15,218 |
|---|---|
| 24,380 9,162 - 15,218 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources Resources expended Movement in funds £ £ £ 283,642 292,932 - 9,162 - |
|---|---|
| 283,642 292,932 - 9,162 - |
13. RELATED PARTY DISCLOSURES
There were no related party disclosures for the year ended 31 March 2024.
Page 11
Lupset Jubilee Hall Community Centre Ltd
| Detailed Statement of Financial Activities For the Year Ended 31 March 2024 INCOME AND ENDOWMENTS Donations and legacies Buffets and kitchen income Hire of hall Investment income Interest receivable Charitable activities Grants Total incoming resources EXPENDITURE Accountancy fees Advertising and PR Bank charges Cleaning Computer expenses Depreciation Employers NI Hire of plant and machinery Insurance Kitchen expenses Legal fees Light and heat Motor expenses Pensions Postage and stationery Property repairs Rates Rent Staff training and welfare Subscriptions Telephone and internet Wages and salaries Total resources expended NET INCOMING / OUTGOING RESOURCES |
31.03.24 31.03.23 £ £ 102,944 76,457 43,342 35,350 |
|---|---|
| 146,286 111,807 126 86 6,168 19,169 |
|
| 152,580 131,062 |
|
| 193 193 292 240 938 735 1,885 735 72 72 7,917 7,611 74 - 225 130 854 794 37,866 27,595 688 615 8,335 7,739 4,534 5,618 1,455 1,076 241 266 4,740 6,887 1,426 1,256 50 50 58 224 258 258 648 685 85,669 71,739 |
|
| 158,418 134,518 |
|
| 5,838 - 3,456 - |
This page does not form part of the statutory financial statements Page 12