Company Number 4270012 Charity Number 1090358 SMAWTHORNE COMMUNITY PROJECT (A cOMPNY LIMITED BY GUAIL4NTEE) REPORT AND FINANCIAL ST ATEMENTS FOR THE YEAR EIYDED 31 ADGL'ST 2024 HAIGH & CO Certified Accountants Grange Coltage Womersley Doncaster DN6 9BW
SMAWTHORNE co1muNITy PROJECT Contents Page Report of the Management Committee Report of the Independent Examiner Statement of Financial Activities Balance Sheet Notes Forniing Part of the Financial Statement 9-13
SMAWTHORNE COMMUNITY PROJECT REPORT OF THE MANAGEMENT COMMrrTEE FOR THE YEAR ENDED 31 AUGUST 2024 Cbarity Name: Smawthorne Community Projeci Directors and Trustees: Dr Philltp Earnshaw (Chairnian) Mrs Ruth Crabtree Mrs Janet Mavis Sherratt Mrs Stephanie Sherwood Company Secretary: Mrs Stephanie Sherwood Company Treasurer: Mrs Kate Miller Company Administrator Mrs Kate Miller Company Number: 4270012 Charity Number: 1090358 Registered Office: The Link 51 Beancroft Road Castleford West Yorkshire WFIO 5BP Buslness Address: Th¢ Link 51 Beancroft Road Castleford West Yorkshire WFIO 5BP Aeeountants: Haigh & Co Grange Cottage Womersley Doncaster DN6 9BW Bankers: Virgin Money 51 Carlton Street C&9tleford West Yobire WFIO IBW
SMAwfHORNE COMMUNITY PROJECT REPORT OF THE lANAGEMENT COMMITTEE FOR THE YEAR ENDED 31 ALTGL:ST 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT The Trustees, who are also directors of the Charity for the purposes for the Companies Act, pr¢sent tbeir Annual Report and the unaudited fmancial statements. for tbe year end¢d 31 August 2024. This report has been prepared in accordance with the Statement of Recommended Practice. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting SLqndard applicable in the UK and Republi¢ of Ireland (FRS102) (effective l $t January 2015) and with the Companies Act 2006. Governing Document Smawthorne Community Project is a register¢d Charity, constituted as a company limited by guarantee incoryjorated in England and Waleb and is, therefore, governed by a Memorandum and Articles of Association. The company was incorporated on 14 August 2001 and in the event of the company being wound up, tnembers are required to contribute an amount not exceeding £10. Recruitment and Appointment Under the requircments of the Memordndum and Arttcles of Association. Trustees are appointed by the Management Committee and are not subject to retirement by rotation. A majority of the Trustees must be member8 and adhere to the belief8 of th¢ SmaNvthorne Community Church. The number of Trustees shall not be less that three but (unless otberwise determined by ordinary resolution) shall not be subject to any maximum. Organisational Structure The Charity is organised so that the Trustees meet regularly to manage its affairs. Risk Management The Trust¢es have undertaken a review of the major risks to which the Charity is exposed and confirm that they have estsblished systems to mitigate th¢ significant risks. The charity has a strong working partnership with various local bodies that include Wakefield District Housing, Wakefield Metropolitian District Council,Workers Education Alliance and Smawthorne Community Church. OBJECTIVES AIYD ACTIvlEs Th¢ principle objective of the Charity is to help develop the community and people within the Smawthorne area of Castleford. The project is for all but focuses on the young and elderly. The project providets education, trainin¥, support and works to help relieve hardship and encourage social inclusion and cohesion plus increasing indlvidual self esteem. When planning our activities for the year, the TTUStees have considered the Commission's guidance on public benefit. We believe that the charity ha8 a strong tocus on this area and the vast majority of our activities are designed to meet this guidance. The Charity provides a wide variety of activitie8 for the community as well as hosting several community groups. The Charity 18 underpinned by the wish to demonstrdte CRl$tIan principles in what is done through the project. ACHIEVEMENTS ALYD PERFORMANCE Over the year, we have maintained the number and variety of courses and group8 Using the Centre. The gmups are mainly focused around h¢alth and w¢llbeing, cducation, community action and self support. Members of the charity and volunteers continue with "Foodbank" to provide food parcels and support for vulnerable individuals and families in need in and around the Castleford distri¢t. It also supports individuals in an emergency The busiest element of our charity is the provision of a weekly Foodbank. This has now been a¢tiv¢ for over 10 years. As this milestone pad, we had a change of leadership and we are grate1 for those who led for a decade and for those who are now taking the Foodbank forward. We have renewed the bank of volunteers and we are grateful for their input. B&Q enabled us to move our foodstor¢ downstairs to a more convenient room and refijrbished the new room and restored the previous site on the first floor back into 2 usable rooms which have been repUOsed.
COMMUNITY PROJECT REPORT OF THE MANAGEMENT cOMEE FOR THE YEAR ENDED 31 AUGUST 2024 ACHIEVEMENTS AND PERFORMANCE eonlfinued We were pleas¢d to be able to continue the Chrigtmas hampers and more than 70 hampers were delivered to families referred to us mainly by schools. This work is very kindly supported by an annual grant fronl Five Towns Christian Fellowship and many wonderful donations. Financially we have been well supported by community grants from Wakefield Council and WDH. This Tegular incon)e helps the Foodbank buy food weekly to supplement donations. We have a good variety of groups using our facilitie8 throughout the week aud we are about to embark on a gradual process of redecorating our facilities. We expect this to be completed within the next fjnancial year. I would like to thank Mandy Williams who has now stepped down as charity administrator. all our volunteers and tru8t¢es for making our support of the local community possible. FINANCIAL REVIEW The statement of fAnan¢ial activities shows a net profil of £5.837 (2023 £3,476) for the y¢ar and our reserves 8Lqnd at £28,772 (2023 £22,935}. Overall income for the year has increased from last years figures, mainly due to increased donation8 and grants received. Expenditure has a150 increa%ed from last years figures, most noLibly th¢ cost of light and heat which is attributabl¢ to the "cost of living crisis" being experienced by the whole country. We will make every atlenLPt lo increase the reserves over the wming fmancial year. Reserves Policy and Going Concern Smawtborne Community Project have minimal unrestricted reserves. It is the aim of the trnstees to establish reserves to continue the aims of the Charity, and in th¢ opinion of the trustees they consider the charity to have sufficient unrestricted reserves to cover at least three months running costs. The trustees have a reasonable expectation that the charity has adequate resources and future rental income to continue in operational exist¢n¢¢ for the foreseeable thre. The clwity therefore continues to adopt the going concern basis in preparing its fanCIal statements. PLANS FOR THE FUTURE With the incr¢asing difficulty of attracting fi]nding from Charities, Trusts and government bodies, th¢ Charity plans to continue and develop its objectives through the route of Social Enterprise building revenue streams. Responsibilities of the Management Committee Company law requires the Management Committee to prep&re financial statements for each fmancial year which giv¢8 a true and fair view of th¢ state of the affairs of the vharitable company as at the balance sheet date and of its incoming resourceq and application of re80urces, including income and expenditure. for the financial year. tn preparing those fmancial statements, the Management Committee should follow best practice and: select suitable accounting policies and then apply them consistently" make judgement and estinles that are reasonable k)nd prudenL and prepare the financial statements on the going concern basis unless It is inappropriate to &8sume that the company will continue on that basis. The Managetnent Committee are responsible for keeping proper accountillg record8 which disclose with reasonable accurdcy at any time the fmancial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Managetnent Committee is also responsible for safeguarding the a88ets of the charitablc company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
SMAWTHORNE COMMUNITY PROJECT REPORT OF THE TrL4NAGEMENT COMMITTEE FOR THE YEAR ENDED 31 ALGUST 2024 STRUCTURE, GOVERNANCE AND MANAGEMEINT Members of the ManAgement Committee Members of the Management Committee, who are directors for the purpose of the company law and Trustees for the pUose of charity law, who serviced during the year and up to the date of this report are set out on page 2. In accordance with the company law,.as company directors, we certify that: so far as we are aware, there is no relevant audit information of which the company's auditors are unaware; and ab tbe directors of the company we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant audit inforniation and to establish the Charity's auditors are awaTe of that inforniation. APPROVAL This report w&$ approved by the Board of Directors and TNstees on 13th April 2025 and signed on its behalf. Company Secretary
SMAwfHORNE COMIMLNITY PROJECT Independent Examiners, report to the Trustees of Sm¥wthorne Communlty Project I r¢port on the accounts for the year ended 3 1st August 2024. which are set out on pages 7 to 13. Respective responsibilities of trustees and examiner The trustees {who are also directors of th¢ Company for the pO$e of company law) are responsible for the preparation of the accounts. The charity's trustees consider thal an audit is not required for this year under Section 144(2) of the Charities Act 2011 (the 201 l A¢t) and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under Part 16 of the Companies Act 2006 and is eligible for independent examination. it is my responsibility to: (a) examine the accounts under Section 145 of the 2011 Act. (b) to follow the Procedures laid down in the General Directions given by the Charity Commission under se¢lion 145(5){b) of the 2011 Act. and (c) to state whether particular matters have come to my attention. Basis of independent examiners, 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 Charity and a comparison of the accounts presented with those re¢ords. It also includes consideration of any unusual items or disclosures in the accounts, and the seekxng of ¢xplanations 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 examiners, Statement In connection with my examination, no matter has come io my attention to indicate that: •% accounting records have not been kept in accordance with Section 386 of the Companies Act 2006. * the accounts do not accord with such records; where accounts are prepared on an accrual basis, whether they fail to comply with relevant accounting requirements under section 396 of the Companies Act 2006, or are nol ¢onsist¢nt with the Charities SORP (FRS102); any matter which the examiner believes 8hould b¢ drawn to the attention of the read¢r to gain a proper understanding of the accounts. W M Haigh, FCCA HAIGH & CO Certified Accountants Grange Cottage Womersley Doncaster DN6 9BW Dated: 13th April 2025
SMAWTHORNE COMMUNITY PROJECT STATEMENT OF FINAI*CLIL ACTIVITIES (tNCLUDING INCOME AIND EXPED1TuRE ACCOUNT) FOR THE YEAR ENDED 315t AUGUST 2024 SUMMARY INCOME AND EXPENDITURE ACCOUNT Restricted Funds 2024 Unrestricted Funds 2024 Total Total Funds Funds 2024 2023 Notes Income and EndoTrvments from Donations and Legacies Charitable Activities 19.604 19.604 13,685 14 334 15 166 Total Expenditure on Charitable Activities 28 101 25 375 Total Net incomel(expenditure) and net movement in funds 6,828 (991) 5,837 3,476 RecoDciliatioll of funds Total Funds Brought Forward 22 935 19 459 Total Funds Carried Forward
SMAwfHORNE COMMUNITY PROJECT BALANCE SHEET AS AT 31 AUGDST 2024 2024 2023 Notes FIXED ASSETS Tangible Assets 2,097 2,467 CURRENT ASSETS Debtors Cash at Bank and ill Hand 476 1,146 Total Current Assets CREDITORS: Amounts falllng due within one year 665 819 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS OF THE CHARITY Unrestricted Funds Restricted Funds io io 11,820 12,811 TOTAL FLThDS For the year in question, the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006. 'Ihe Members bav¢ not required the Company to obtain an audit of its accounts for the year in question in accordance with Section 476 of the Act. The trnsteesldirectors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with th¢ proviskons applicable to company's subject to the small compani¢s' regim¢ and in accordance with the FRS102 SORP. th Approved by the Board of Directors and Trnstees on 13 April 2025 and signed on its behalf by: Dr Phillip EarnshY4W Chairman of Trustees Company Number.'- 4270012 Charity Number:_ 1090358
SMAWTHOIiNE COMMULYITY PROJECT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 ACCOUNTING POLICIES Company Information Smawthorne Community Project is a registered charity, conStited as a company limited by guarantee incory)orated in England and Wales. The registered office is The Link, 51 Beancroft Road, Castleford, West Yorkshire, WFIO 5BP. The principal accounting policies are summarised below. The accounting polici¢s have been applied consistently throughout the year and in the predIng year. The financial statetnents are prepared in sterling, which is the functional cuffency of the charity. Monetary amounts in th¢ fmancial statements are rounded to the nearest £. Basis of Aeeounting The financial statements have been pr¢pared under the historical cost convention and in accordance with the Statement of Recommended Practice Accounting and Reporting by Charities in accordance with the Financial Reporting Sthndard applicable in the UK and Republic of Ireland (FRS102) {effective ISF January 2015) and with the Compani¢s Act 2006. Fund Accounting Unr¢stricted funds are available for use at the discretion of the Trnstees in flwtherance of the general objectives of the Charity. Restricted funds are subjected to restrictions on iheir expenditure imposed by the donor. Incoming Resources All incoming resources are included in the Stat¢ment of Financial Activitxes (SOFA) when.. Ihe charity becomes entitled to the resources. the trustees are virmally certain they will receive the resources. and th¢ monetary value can be measured with sufficient reliabilRty. Where inconjing resources have related expenditlwe the incoming resources and related expenditure are reported gross in the SOFA. Grants and donations are only included in the SOFA when the clwity Ilas unconditional entitlement to the resources. Incorlling resources which includes grants, rental and other income is included when receivable and accounted for then earned except when donor's condition5 have not been fulfilled, then the income is deferred. Resources Expended Resources expended are included in the SOFA on an accrnals basis, inclusive of any VAT which ¢amiot be recovered. Expenditure which is attributed to specific activities has been included in cost categories. IlThere costs are aitributed to more than one activity, they have been appointed across the cost Categories on a basis consistent with the use of thes¢ resources. Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. Tangible Fixed Assets Fix¢d assets are stated at cost less accumulated depreciation. The costs of minor additions or those costing below £500 are not capitalis¢d. Depreciation is provided at rates lo write off the ¢ost of each asset over its expected useful life as follows.. Office Equipment 150/0 reducing balance Creditors The cEitY has creditors which are measured at settlement amounts less any trade discounts.
SMAWTHORNE COMMUNITY PROJECT NOTES TO THE FINNCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Basic Financial Instruments The charity only has financial assets and fmancial liabilities of a kind that qualify as basic financial instnllnents. Basic fu]ancial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Debtors Debtors are measured on initial recognition at settlement amount after any trade discounts or amount advan¢¢d by the charity. Subsequently tbey are measured at the cash or other considerdtion expe¢t¢d to be received. Cash at bank and in Hand Cash at bank and in hand are basic fmancial assets and include cash in hand and deposits held at call with banks. Income from:. Donations and Legacies Restricted 2024 Unrestrlcted 2024 Total Total 2024 2023 Donatkons Grants 6,604 6,604 7,074 13000 6611 Charitable Activities Rental Income 14 166 Expenditure on".- Charitable Activities Restricted 2024 Unrestricted 2024 Total Total 2024 2023 Foodbank Provisions Insurance Rates (see note 3.1) Telephone (see note 3.1) Light and Heat Rent Repairs and Renewals Printing, Postage and Stationery Cleaning Sanilary waste Sun(tries Depr¢ciation Bank Charges Accountancy Treasurer Expens¢s Treasurer Gift 12,669 12,669 13,884 776 742 776 6,097 3,000 426 80 441 144 319 263 59 780 2,940 6,097 2,795 3,000 3,000 426 1.478 80 441 144 319 370 59 780 2,940 475 144 107 435 176 496 1,250 500 12 Ratesrtelephones Throughout the year and until rther notice the water rate charges and telephone charges are being paid for by the church, with whom the charity pays rent to. -io-
SMAWTHORNE COMMUNITY PROJECT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAIi ENDED 31 AUGUST 2024 TRUSTEE EXPENSES During the year expenses of £2,688 (2023 £1,004) were reimbursed to one (2023 one) tNstee, all of which were of a revenue natur¢. NET OUTGOllNG RESOL'RCES FOR THE YEAR This is stated after charging: 2024 2023 Depreciation Accountancy F¢¢s 370 780 435 496 FIXED ASSETS Office Equipment Total Cost At I. S¢piember 2023 Additions 6,102 6,102 At 31. August 2024 Accumulated Depreeiatioll At 1st September 2023 Charge for the Year Ai 31 St August 2024 3,635 370 3,635 370 Net Book Value At 31" August 2023 At 31" August 2024 -li-
SMAWTHORNE COMMUNITY PROJECT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 DEBTORS 2024 2023 Prepayments 2024 2023 CREDITORS: Amounts falling due within one year Accnlals and Deferred Income ANALYSIS OF NET ASSETS BETWEEN THE FUNDS Restricted Income Fund Unrestricted General Fund Total Fixed Assets Net Current Assets 607 1,490 2,097 N¢t Assets at 31 August 2024 io. MOVEMENT IN FUNDS Balance Incoming Outgoing Fund I September Resources Resources Transfers 2023 Balance 31 August 2024 UNRESTRICTED FUNDS General Reserv¢ RESTRICTED FUNDS 12,811 14,334 15,325 11,820 Age UK 541 8l 460 Foodbank Tolal Restricted Funds 952 TOTAL FUNDS 28 -12-
SMAwfHOILNE COMl¥tUNfTY PROJECT NOTES TO THE FINAICIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Purposes of Restricted Funds Age UK Donation for the purchasing of catering equipment to help prepare tneals for th¢ "Friendship Group" and for the purchase of a defibrilator and case. Foodbank Support Monetary donations for the purchase of food to be distributed to the public within the Fund Castleford ar¢a. ii. TAXATION As a Charity, Srnawthorne Community Project Limited is exempt from tax of incotne and gains falling within Section 505 of the Taxes Act 1988 or S256 of ihe T&xation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity. 12. TRUSTEE REMUNERATION AND RELATED PARTY TRANSACTIONS No Tru8e received any remuneration during the year, and there were no related party transactions to report. 13. CONTROL Throughout th¢ year the company was controlled by its Directors, and Trustees. -13-