Roglstered Company No: 3895553 Reglstered Charity No: 1086129 RAVENSTHORPE COMMUNITY CENTRE LIMITED FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Butt & Co. CHAR TERED CERTIFIED ACCOUNTANTS
RAVENSTHORPE COMMUNITY CENTRE LIMITED FINANCIAL STATEMENT YEAR ENDED 31 MARCH 2024 CONTENTS Company information Trustees, report Independent examiner's report Statement of financial activities Balance sheet Notes to the financial statements
RAVENSTHORPE COMMUNITY CENTRE LIMITED FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 COMPANY INFORMATION Registered Office 24 Garden Street Ravensthorpe Dewsbury West Yorkshire WF13 3AR Limited by Guarantee The centre is a company, limited by guarantee, without having any share capital. Directors Muhammed Lubsir Latif Ashfaq Hussain Ali Mrs Zahraa Ahmad Mrs Robin Kasour appointed on 03.10.24 Secretary Miss Tanzeela Ahmed resigned on 15.05.24 Manager Abdul Aslam Bankers Barclays Bank PLC Market Place Dewsbury West Yorkshire WF13 1PS Independent examiner KButt Butt & Co. Chartered Certified Accountants 5 Plowmans Walk Leeds LS19 7FJ
RAVENSTHORPE COMMUNITY CENTRE LIMITED TRUSTEES, REPORT YEAR ENDED 31 MARCH 2024 The trustees are pleased to present their report together with the financial statements of the charity for the year ended 31 March 2024. Governance and management The directors of the charitable company (the charity) are its trustees for the purpose of charity law and throughout this report are collectwely referred to as trustees. The trustees named on page 1 have served throughout the year except where indicated. The board of trustees meet on a regular basis to agree the strategic directs.on of the charity, and ensure the effective and efficient administration of the charity. The day to day operational management of the charity is delegated to the centre manager. Appointment and induction of trustees Any person may apply, in writing, to the charty and if approved by the board will then become a trustee. All new trustees are given appropriate charity commission publications to brief them on their legal obligations. The trustees are encouraged to attend relevant extemal training events where these will facilitate the undertaking of their role. Constitution Ravensthorpe Community Centre Limited is a company limited by guarantee, each member being liable to the extent of £1.00. The governing documents are its Memorandum and Articles of Association dated 12th December 1999. It is also registered as a charity with the Charity Commission. Objects and policies The objects of the charity are to improve the quality of lrfe of residents in Ravensthorpe and surrounding areas without distinction of sex, sexual orientation, race, political, religious or other opinions, along with the Promotion of such other charitsble purposes as may from time to time be determined. Currently the charity is engaged in providing excellent childcare, adult learning and special needs for people with learning disabilities. Risk Management The trustees have a risk management strategy which comprises: an annual review of the risks the charity may face. the establishment of systems and procedures designed to mitigate those risks., the implementation of predureS designed to minimise any potential impact on the charity should those risks materialise. Reserves policy The charity aims to maintain a cash balan. sufficient for its core running expenses. ReseNes bridge the timing differen of cash-flows whenever the conditionality requires proof of SeNiS delivered prior to the release of funds. At present the charity relies on contractual income from room hire, nursery and adult learning to build up its reserves. Board of trLJstses reviews the reserves policy every three years. Trustees responsibilities In relation to financial statement. Company law requires the trustees to prepare financial ststements for each financial year which give a true and fair view of the state of affairs of the charity at the year end and of its surplus or deficit for the financial year. In preparing those statements, the trustees are required to=
select suitsble accounting policies and then apply them consistently; make sound judgements and arrive at estimates that are reasonable and prudent; Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will not continue in business. The trustees (who are also directors of Ravensthorpe Community Centre Limited for the purposes of company law) are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practi). 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 reSoUrS and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charities SORP. make sound judgments and arrive at estimates that are reasonable and prudent" prepare the financial ststements 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 adequate accounb'ng records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware.. there is no relevant information of which the charitable company's independent examiner is unaware; and The trustees are responsible for the maintenance and integrity of the corporate and financial infomiation included on the charitable company's website. Legislation in the United Kingdom goveming the preparation and dissemination of financi81 ststements may differ from legislation in other jurisdictions. Achievements and revlew The demand for nursery provision remains stable. The ntre continues to deliver adult leaming classes throughout Kirklees. Leaming disability facilty is continuing. The success of Third Sector Leaders Network {TSL) continues, RCC partners with TSL to deliver engagement learning courses.
Performance Key performance indicators are overall income and expenditure levels. Once again the funds raised were higher than last year. Funding was directed at food, household expenditu and appliances such as cockers and washers. Gift cards from food stores were also distributed. The charity had a higher surplus compared to last year. The charity had a net surplus of £55,568.00 this year (Year ended 31.03.23 a surplus of £34,987.00) On behalf of the board Mr. M. Lubsir Latif (Director) Date: 24 December 2024
INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF RAVENSTHORPE COMMUNITY CENTRE LIMITED YEAR ENDED 31 MARCH 2024 I report on the accounts of the company, along with the accompanying notes, for the year ended 31 March 2024. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The trustees (who are also the directors of the Charity for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this period under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself Ihat the company is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: examine the accounts under section 145 of the 2011 Act. to follow the procedures laid down in the general Directions given by the Charty Commission under section 145(5)(b) of the 2011 Act. and . to state whether particular matters have come to my attention. BASIS OF INDEPENDENT EXAMINER'S REPORT My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. INDEPENDENT EXAMINER'S STATEMENT In connection with my examination. no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements: • to keep accounting records in accordance with section 386 of the Companies Act 2006. and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met. or (2) to which, in my opinion, attention should be drawn in order to enable a proper und tanding of the accounts to be reached. F.C.C.A. Butt& Chartered Certified Accountants 5 Plowmans Imk Leeds LS19 7FJ Dated ". 24 Dember 2024
RAVENSTHORPE COMMUNITY CENTRE LIMITED STATEMENT OF FINANCIAL ACTIVITIES {INCLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MARCH 2024 2023 Prior year funds Unrestricted R88trictsd funds funds Total funds Income (Note 2) Income from". Donations Charitable activities Other 171.935 171.935 594,566 2.416 768,917 196.(2 517.262 20.540 733,864 594.566 2,416 596,982 Total 171,935 Expenditure (Note 3) Expenditure on: Charitable activities Other 583,034 49,039 632.073 81.275 664,309 49.039 713,348 657,965 40.912 698,877 Total 81,275 Net Income Total funds brought forward Transfer of funds Total funds carried forward {35.092) 1,263.549 71,666 1,300,123 90,660 55,568 38,374 1,301,923 1,666 57,368 1,357,491 34,987 1,266,936 1.301,923
RAVENSTHORPE COMMUNITY CENTRE LIMITED BALANCE SHEET AS AT 31 MARCH 2024 2023 ReBtrictsd income funds Unre8tri¢ted fund8 Total thls year Total last year Nots8 Tangible fixed assets 1,113,118 1,113,118 1.040.477 Current assets Debtors Cash at bank and in hand Total current assets 17,386 184,412 201,798 17,386 241,780 259,166 8,932 269,664 278,596 57,368 57,368 Creditorys: Amounts falling due within one year 14,792 14,792 17.151 Net current assets 187.005 57,368 244,374 261,445 Total net assets 1,300.122 57,368 1,357,491 1,301,922 Funds of the Charity Restricted income funds Unrestricted funds Totsl funds 57,368 57.368 1,300,123 1,357,491 38,374 1,263,549 1,301,923 1.300.123 1.300.123 57,368 The company wa8 entillad lo 8xgmpllon from audlt under S 477 of the Companies Act 2006 relating to small companies. members have not required the company to obtsln an audit in accordaftt wlh sethon 476 of the Companies Act 20(. The directors ackno%thedge their responsibilities for comptying Mth the requiremertts ofthe Companies Act Vvith resixtto ac£ounting iecord5 and the preparation of accounts. These accounts have been prepad in accordance with the provisions applicable to small companies subjèct to the small cornpanie5 regime and In accordance th FRS102 SORP. On bohalf of all the trust0dIr•c1Qrn Signature.. N8me'. M. L. Lalif Date.. 24 Dember 2024 Dir•¢tor authonticatlng accounts being sent to Companies Hous• si9at1re.' Name.. Mrs Z Ahmad Dale.. 24 Decemir 2024
RAVENSTHORPE COMMUNITY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 1 Prlwlpal ae¢¢wntlng pollcl•8 Bas1$ of a¢countlnq These accounts have bgen prepar•A* under the hlstorical cost convention wlth renised #t st or transath'on valu• unless otherwise stated in the relevant notelsl to the8e a¢unts. The accounts have been prepargd in accordancè with.. the Ststement of Recofnmended Piactice= A¢eoLtnfjng and Reporting by Charlues preparing their accounts in a¢cordancg with thè Financlal ReportlrrfJ Standard appli¢#bl• In the UK and Republic ol Ireland IFRS 1021 issued on 16 Juty 2016 and vAth the Finanaal Reporfing Stsndard applicable In the United Kingdom and Republic ol Irèland IFRS 1021 and with the Chames Act 2011. and the Cornpanitrs A¢t 1016 Goln9 ¢on¢orn Thèrè are no mated&l uncertainties related to events OT condnS that t1 signffj¢ant doubt on the ch8Tity's abllltyto eonllnue a6 a going concem. R•¢oonlllon of Incomo Th are Induded In the Statement of Financi81 Activitres ISOFAI when.. the charity becomes entled lo thè rèsourees.. It is more likely th?n not that thè trustees wlll receive the rgsoufc•s.' the rnongtary v•luè ean bè measured wrfh sufficient f¢liabilty. Off8ettlng There has been no tsffsng of assets and liabilthe¥, or incomè and expenses, unless requifftd or peimitted by the FRS 102 SORP or FRS 102. Fund aceountlnq R•8trlcted fund8 These are asswJned by the donor, cNtheteM ofts aPs].TheY are used in a)rdance th the puTposè UtrICt¢ lunda Thesè aM the accumulated 8urplu¥ or flefiot on Ihè statement of Ihe financial aclEvMes which are available for use at ihe di6crgtion of tht trustees. In fUrIheran of the obiecbve$ of the charity,
RAVENSTHORPE COMMUNITY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 IAARCH 2024 Tanglble Fixed AsJot8 T8rKJibk fixed assets are slated at cost lass accumulated depreryatmjn. Fixed a$sèts eostlng less than £1,000.00 are not C)11$$d. D•pr•elatlon Depreci8bon is not provided for building3 on the grouThJ that it woukJ be immaleriol. rhe prerniBeB are occupied by the charity and are very wsll maintained. Estimated resxlual values are not Icwer than the rry1fig amounts. Thoy art however reviewed for impairmont. by tha dSrectors. in accud8n¢¢ wth FRS 11. Other assets are dèpfgclated as follows Fixtures 8n(t equipm¥nt redwng baLqn 2 Incoming resources 2023 Unrnstrlcted Restrict•d Tot31 Donations Gmnts Ona Communty Foundation Kir$ HAF lund Community Anchor Fund 3rd S¢¢tor Leader ESC Lottery Fund- zumba. yoaa etc Suez caprt81 grant- replacE central heatin9 Systern 20,000 81,400 10,000 9,000 41,800 9,735 20,000 81.400 10,000 9,000 41,800 9.735 17,936 47,700 15,000 22,803 G85 G86 G87 G92 G93 171 935 t71.935 103,439 Charltable activities Rwm Nre Pros¢hoc4 nursery Adult learnir stop up, kaming di6abilitie8 ComMLty Hub, ¢ontracled services delivered 15,928 357.283 66.288 111.577 43.509 15.928 357,283 88,268 111.577 43,509 27.691 314,457 63,823 106,302 512272 Others British gas feed in 18rrfr mi11¥rU8 pr¢jscts and events 1,OS4 1.362 1,054 1,3e2 3,001 1,440 2,416 4,441
RAVENSTHORPE COMMUNITY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 UnrestrfGted Funds Restrlctsd Funds Total 3 Expendlture 2023 Expenditure on: Charitable activlties Room hire Rates and water Lh1 and heat Insuran Landfill project tax Cleaning Repairs staff training Staff s¢reening Wages Consultants and others Contract worter, wages Pension cost Projects and activities Nursery consumables Donations Food Gift ¢ard help Gift equipment help Sub groups and projects 990 1,778 24,924 778 4,807 4,313 10,452 2.896 1,081 441,956 29,967 37.609 7.029 735 775 22.778 5.324 1,778 24,924 778 4,807 4,313 10,452 2,896 1,081 496,113 29.967 37.609 7.029 4,511 22,918 2,100 764 444,187 77,518 54,157 6.011 13.143 6,633 355 20,443 5,395 650 159 2,410 7,805 650 15,476 2,0 1S.643 15,317 2,000 7,391 8,252 9,848 16.296 Total 583,034 81,275 664.309 654,340 Expenditure on: Others Telephone Postage, printing and sLgtionery Computer software and consum8bles MeTnberships and linS Motor expenses Travel expenses Bank charges Sundry expenses Legal and professbonal Independent examiner fee Advertising Equipment expensed Ldase of equlpment Depreciation 5,896 4,905 1,215 1,498 1.522 3,171 253 1,865 gjo 700 2,443 5,824 8,5S8 10.289 5,896 4,905 1,215 1,498 1,522 3,171 253 1,865 900 700 2,443 5,824 8,558 10,289 5,775 9.126 1,356 1.441 216 2,575 900 700 6,992 10,303 Total 49,039 49.039 10
RAVENSTHORPE COMMUNITY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 2023 4 Net deficit This has been arrived al after charging the following Depreciation 10,289 10,303 staff costs Salaries and wages Social security cost Pension costs {defir contribution} 483,353 31,203 7,029 514.555 499.328 22,377 6,011 521.706 Key managemènt Amounts paid to key managemenl personnel Trustees, remuneration 6,298 34,740 6,298 34,740 None of the employees were paid more than £60,01)0.00 Numbern employod Number of employees in charitable actvities Number of employees in administrative wort( Total number of employees 24 24 29 29 5 Flxed assets Land and bulldings Fltting8 and equulpment Motor Van Totsl Cost 1st April 2023 Additions 1,009,568 72,683 398,480 6.447 5,000 3.800 1,413,048 82,930 31st March 2024 1,082,251 404,927 8,800 1,495,978 Depreciation 1st April 2023 Charge for the year 369,681 8,812 2,891 1,477 372,571 10,289 31st March 2024 378,493 382,860 Net book valu• 31st March 2024 1,082,251 26,434 4,432 1.113 118 31st March 2023 1.009,568 28.799 2,109 1,040,477 2023 8 Debtors Prepayments Other taxes and social security Other debtors 4.587 12,799 8,932 8,932 17.386 7 Crndltors Amounts falling due within one year Accruals Other creditors 8,378 6,414 14,792 9,976 7.175 17,151 11
RAVENSTHORPE COMMUNITY CENTRE LIMrrED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Detalls of material funds hold and mov•m•nts during the current reportlng perfod Fund balances brought forward Fund Trnnsfers to balances unretricted carried funds forward Fund Type Income Expenditure G84 R G85 G86 G87 G91 G92 G93 20.CHJO 81,400 10.C4JO 9,000 {20,0001 {44.4681 (10,0001 {18,1591 {16.1891 {41,8001 (2,3251 13,026 49,958 9,159 16,189 41,800 9,735 7.410 Reslricted funds 38,374 171,935 1152,941) 57,368 Unrestfictsd funds 1,263,549 $96,982 1632.073) 71,665 1,300,123 T(•tsl Funds as por balance sheet 1,301,923 768.917 (785,014) 71,665 1,357.491 Reslricled fund G84 One Communty Foundation G85 Kirklees HAF fund G86 C¢mmunity Anchor Fund G87 3rd Strctor L•8dor G91 Clothworker Associalion, capital and revenue G92 ESC Lottery Fund to do zumba 8nd yoga activities G93 Suez capital grant to replace boiler, radiator8 and kitchen 12