REGISTERED COMPANY NUMBER: 04363173 (England and Wales) REGISTERED CHAIUTY NUMBER: 1094476 REPORT OF THE TRUSTEES AND U]YAUDITED FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 JANUARY 2024 FOR ST. JUST & DISTRICT COMMUNITY SPORTS ASSOCIATION LTD (LIMITED BY GUARAI¥TEE) Greenwood Wilson The Old School The Stennack St Ives Cornwall TR26 IQU
ST. JUST & DISTRICT COMMUNITY SPORTS ASSOCIATIOIY LTD (LIMITED BY GUARANTEE) CONTENTS OF THE FINANCIAL STATEMEIYTS FOR THE YEAR ENDED 31 JAIYUARY 2024 Page Report of the Truste I to 2 Independent Examiner's Report ststement of Financial Activities Balsnce Shttt INotes to the Financial Statements 7 to 13
ST. JUST & DISTRICT COMMUNITY SPORTS ASSOCIATION LTD (REGISTERED Y4UMBER: 04363173) (LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR EIYDED 31 JANUARY 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with iFi¥ fLtiÉffi¢idl sl(It¥Tr]ents of the charity for the year ended ) l January 2024. The tru51ees have adopied the provisions of Accounting and Reporting by Charities: Statemeni of Recommended Prdctice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND AcrtVlTIES Objectives and aims The object of the charity is to provide or assist in the provision of facilities for the recreation or other physical leisure litn¥ dLtivities for the bellefii of the community of St Just and the surrounding distri. The charity coniinues to promote the centr¢ for Sports use including football, crickeL badminton, basketball and pickleball and to continue to maintain and improve the Gym and its equipment in order to improve our offering to the Community, along wtth fitness cl&ss opportunities throughout the week. Usage of the centre is gogd with Gym use continuing to incre&se. The charity continues to review grant possibilities and new initiatives. We review or aims, objectives and actÈvities at le once each year to look at what we hav¢ hieVed in the previous 12 months. We have referred to the guidance contsined in th¢ Charity Commission's general guidanc¢ on public benefit when reviewing our aims and objectives and in planning our future activities. th particular, the trustees consider how planned activitÉes will contribute to alms and objeciives th¢y have set. FINANCIAL REVIEW Reserves policy The trust¢¢s aim to create sufficient reserves to ensure the charity can meet the repair and maintenance of the sports centre and any fiJtt]re development. STRUCTURE, GOVERNANCE AND MANAGEMEKr Guvrrnillg dDcufftent The charity is controlled by its governing documenL a deed of trusL and constitutes a limited company, limited by guarantee. as defined by the Companies Act 2006. Re¢rultment and appointment of new trustees Promotion is done to recrutt members of the charity who then nonlinate and vote for ttustees from that membership OT elsewhere on the basis of their skills and knowledge. New ttustees are infonned of their duties and are provided with infonnation about the charity. REFERENCE AND ADMINISTRATIVE DETAIiS Registered Company number 04363173 (England and Wales) liegistered Charity number 1094476 Regtstered office Lape Cornwall Road St Just Penzanc¢ Cornwall TR19 7JX Page I
ST. JUST & DISTRicf COMNTUNITY SPORTS ASSOCIATION LTD (REGISTERED NUMBER: 04363173) (LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024 Trustees A Maund Director D C Stevens Trustee F M Tucker Dirertor (resigned 281612023) S A Shawcross Trustee (resigned 221512023) N C Taylor Trustee (resigned 1111 Ir2023) Ms M J Faulkner Trustee (resigned 1111 IQ023) Mrs J LenaJ¢r an Retired (appointed 2217ll023) R R Castle Trustee (appointed 221712023) Dr J A Tuson Trustee (appointed 221712023) Mrs J Curtis virni AssIsnI (appoinied 221712023) (resigned 811112023) A R Daw50n Trustee (appointed 22nr2023) (Tesigned 811 Ir2023) Compgny Secretary Mrs D J Stevens Independent Examiner Greenwood Wilson The Old School The Stennack St Ives Cornwall TR26 IQU Approved by order of the board of trnstees on 9 August 2024 and signed on its behalf by: D C Stevens - Trust¢¢ Page 2
INDEPENDEwf EXAMINER'S REPORT TO THE TRUSTEES OF ST. JUST & DISTIUCT COMMUNITY SPORTS ASSOCIATION LTD Independent examiner'5 report to the tntsteL8 of SL Just & District Community Sports Association Ltd ('the Cornpany,) J repnrt tn the charity tnRStees on my examination of the accounts of the CornpaThy for the year ended 31 January 2024. Responsibilitie5 and basis of report As tIIc Lliiuily's LrusL¥¥s uf tti¥ Cufflpany (ld u150 its dircctOT5 for the purpose5 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 th¢ Company are not required to be audited under Part 16 of the 2006 Act and are eligible for ind¢pendent examination, I report in respect of my exarnination of your charity's accounts as Carried niit ijnder Section 145 of the Charities Act 2011 ('the 201 l Acv). In carrying out my examination I have followed the Directions given by the Charity Commission under Seciion 145(5) (b) of the 201 l Act. IJid¢p¥iid¢iil cxainiller's I have completed my examinaiion. I confirm that no matters have come to rny attention in connection with the examination giving me cause to believe: a¢¢ounting records were not kept in respe¢t of the Company as required by Section 386 of the 2006 Act. or the accniint8 do not accord with those records. or the accounts do not comply with the accounting requirements of Section 396 of th¢ 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 ¥IllILlI11Vll- ur the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting aud reportiv.g by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard appltcabl¢ in the UK and Republic of Ireland (FRS 102)). I have no concerns and have carne acr$ no other m¥srters in connection with the examtnation to which attention should be drawn in this report in order to enable a proper understanding of the ac¢ounts to be reached. Mr P Brotheridge Greenwood Wi150n The Old School The Stennack St Ives C.ornw211 TR26 IQU 9 Au¥u5t 2024 Page 3
ST. JUST & DISTRicf COMMUNITY SPORTS ASSOCIATION LTD (LIMITED BY GUARANTEE) STATEMEKf OF FINANCIAL AIVITIEs FOR THE YEAR ENDED 31 JAIYUARY 2024 2024 Total funds 2023 Total nds Unrestricted fllnd R¢stricted fullds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 19 19 Chxritable xctivities Provision of sport5 facilities 50,013 50,013 47,031 Other trading activities Inveslmeni income Other income 136 108 9,885 li6 108 9.885 45 9,880 Total 60,161 60,161 56,970 EXPENDITURE ON Charitable activities Provision of sports facilities 74.597 5,599 80,196 77,627 NET INCOME/{EXPEIYDITURE) (14.436) (5.599) (20,035) (20.657) RECONCILIATION OF FUNDS Total funds brought forward 47.711 34,308 82,019 102.070 TOTAL FUNDS CARRIED FORWARD 33275 28.709 61,984 82,019 The notes forni part of these financial stateinents P90• a
ST. JUST & DiSTRicf COMMUNITY SPORTS ASSOCIATION LTD (REGISTERED NUMBER: 04303173) (LIMITED BY GUARANTEE) BALANCE SHEET 31 JANUARY 2024 2024 Total funds 2023 Total funds Unrestricted fund Restricted fimd5 Notes FIXED ASSETS Tangible assets io 45 27,909 27,954 33,568 flTRRF.NT LSSETS Stocks Debtors Cdbll in h{d 45 7,958 27,7) 45 7,958 28,500 45 5,591 44,321 12 800 35,703 800 36.503 49,957 CREDITORS Amoiints falling diie within one year 13 {2.473) (2.473) (1,506) NET CURRENT ASSETS 3i230 800 34,OiO 48,451 TOT AL ASSETS LESS CURRENT LIABILITIES 33275 28,709 61.984 82,019 NET ASSETS 33275 28,709 61,984 82,019 FUNDS Unrestricted funds Restricted funds 14 33,275 28,709 47,711 34,308 TOTAL FLINDS 61,984 The charitable company is entitled io exemption from audii under Seciion 477 of the Companies Act 2006 for the year ended 31 January 2024. The members have not required the company to obtain an audit of its financial statements for th¢ year ended 31 January 2024 in arcordance with Section 476 orth¢ Companies Act 2006. The tsteeS acknowledge their responsibilities for (a) ensuring that the charitable company k¢eps accounting records that comply with S¢ctions 386 and 387 of the Companies Acr 2006 and pr¢paring 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 fanCIal year in accordance with the requirements of Sections 394 and 395 and which otherwise cotnply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. (b) The notes forni part of these financial statements P90p 4 pnntiniipA
ST. JUST & DISTRICT COMMUNITY SPORTS ASSOCIATION LTD (REGISTERED NUMBER: 04363173) (LIMITED BY GUARANTEE) BALANCE SHEET- eontinued 31 JANUARY 2024 These financial stst¢m¢nts have ken prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial stst¢m¢nts We approved by the Board of Tntee5 and authoris¢d for issue on 9 August 2024 and were signed on kts behalf by: D C Stevens - Trustee The notes form part of these financial statements P*op A
ST. JUST & DISTRICT COMMUNITY SPORTS ASSOCIATIof4 LTD (LIMITED BY GUARANTEE) NOTES TO THE FtNANCIAL STATEMEiYrs FOR THE YEAR ENDED 31 JAIYUARY 2024 ACCOUNTING POLICIES preparing the fillanci215tatements The financial statements of the charitable company, which is a publi¢ benefit entity under FRS 102, have been prepared in accordance witb the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordanc¢ with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 The Financial Reporting Standard applieable in the UK and Republic of Ireland, and the Companies Act ?006. The financial statements have been prepared under th¢ historical cost onvention. Ineome All income is recognised in the Statement of Financial Activtties once the charity h&5 entitlement to the funds, it is probable that the income will be received and the amount ran be m¢a5ured Teliably. Expenditure Liabtlities are recognised as ¢xp¢nditur¢ 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 th¢ obligation can be measured reliaily. Exp¢ndirur¢ is accounted for on an accruals basis and has been classifi¢d under headings that aggregate all cost related to th¢ category. Where cost5 cannot be directly attributed to particular headin(vs they have been allocated to activities on a basi5 consistent with th¢ use of resource5. Tangible fix *sset5 Depreciation is provided at the following annual rates in order to write off each Set over its estimated useful ife. Solar panel equipment Other equipment Computer equipment 5% oncost at varying fdtes on cost Strdight line over 3 years Stocks Stocks are valued at the lower of cost and net realisable value. after making due allowance for obsolete and slow moving items. Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unresthcted 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 fim(ts are rdised for particular restricted purposes. Further explanation of the nature and purpose of each fid is included in the notes to the financial statements. Page 7 contiiiued...
ST. JUST & DISTRICT COMMUNrrY SPORTS ASSOCIATION LTD (LIMITED BY GuARAEE) NOTES TO THE FINANCIAL STATEMEiYfs - Continued FOR THE YEAR ENDED 31 JANUARY 2024 DONATIONS AI¥D LEGACIES 2024 2023 Donations 19 OTHER TRADING ACFIVITIES ?024 2023 Fundraising events Merchandise Vending machine 136 15 30 136 45 INVESTMENT INCOME 2024 2023 D¢posit account interest 108 INCOME FROM CHARtTABLE AcfiviTIES 2024 2023 Activity Provision of sp)rLS facilities Provision of sports faciliiies Provision of sports facilities Recreational fees ytn McberShip ftes Grants 26,993 22.270 750 24,352 12,431 10,248 50,013 47,031 Grants received, included in the above, are as follows: 2024 2023 St Just Town Council Cornwall County Council 750 10,248 750 10,248 P0e 8 continued...
ST. JUST & DISTIUCT COMMUNITY SPORTS ASSOCIATIOY4 LTD (LIMITED BY GUARANfEE) NOTES TO THE FINANCIAL STATEMENfs - eontlllued FOR THE YEAR ENDED 31 JANUARY 2024 NET INCOME/{EXPENDITURE) Net incomel(expendinJre) is stated after chargingl(crediting): 2024 2023 Depreciation - owned assets 5,614 5,633 TRUSTEES, REMUNERATION AND BENEFITS None of the trustees received paytnent in the year or previous year in connection with their duties as a tnjstee. Trustees, expenses There were no vstees, expenses paid for the year ended 31 January 2024 nor for the year ¢nd¢d 31 January 2023. STAFF COSTS The average monthly number of ¢mploy¢¢5 during th¢ y¢aT wa5 as follows: 2024 2023 Staff No ¢mploye¢s rCly¢d emoluments in excess of £00,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL A[VITtE5 Unrestricted fimd Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies Charitable 8etivities Provision of sports facilities 47.031 47,031 Other trading activities Investment income Other income 45 45 9,880 9,880 Total 56.970 50.970 EXPENDITURE ON Charitable activities Provision of sports facilities 72,014 5,613 77,627 NET INCOMEI(EXPEIYDITURE) (15,044) (5,613) {20,657) P4(te 9 continued...
ST. JUST & DISTRicf COMMUNITY SPORTS ASSOCIATION LTD (LIMITED BY GUARAIYTEE) NOTES TO THE FINANCIAL STATEMEiYfs - continued FOR THE YEAR ENDED 31 JANUARY 2024 COMPARATtVES FOR THE STATEMENT OF FINANCIAL AcfIvITIES- continued Unrestricted Restricted nd funds Total funds RECONCILIATION OF FUNDS Total funds brought forward 62.755 39,921 102,676 TOTAL FUNDS CARRIED FORWARD 47,711 34,308 82,019 io. TANGIBLE FIXED ASSETS Sokr panel equipment Computer equipment equipment Totals COST At l Febnthry 2023 alld 31 January 2024 111,130 52,803 861 164.794 DEPRECIATION At l Febn 2023 Charge for year 77.792 5,556 52.573 58 861 131,226 5.614 At 31 January 2024 83,348 52,631 861 136,840 NET BOOK VALUE At 31 January 2024 27,782 172 27.954 At 31 January 2023 33.338 230 33,568 11. STOCKS 2024 2023 Stocks 45 45 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Prepayments and acfflicd income 496 7,462 1,138 4.453 7,958 5,591 Page 10 continued.,,
ST. JUST & DISTIUCT COMMUlYy SPORTS ASSOCIATION LTD (LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL sfATEMENTS- continued FOR THE YEAR ENDED 31 JANUARY 2024 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade cr¢ditors Social security and other taxes Accnjed expenses 865 322 1,286 566 78 862 2,473 1,506 14. MOVEMEwf IN FUNDS Net movement in fidS At 3111124 At 112r23 Ilnrestricted fund5 General fund 47,711 (14,436) 33,275 Restricted funds Capital fund 34,308 (5,599) 28.709 TOTAL FUNDS 82.019 (20,035) 61,984 Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 60,161 (74,597) (14,436) Restricted funds Capital fund (5,599) (5,599) TOTAL FUNDS 60,161 (80,196) (20,035) Pagell continued...
ST. JUST & DISTRICT COMMUNrrY SPORTS ASSOCIATiof4 LTD (LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 JANUARY 2024 14. MOVEMENT IN FUNDS - continued Cufflparative)i fur [nuve¢llt in fullds Net movement in funds At 3111123 At 112r22 Unrestricted funds Genernl fimd 62,755 (15,044) 47,711 Restritted fund5 Capital fund 39.921 (5,613) 34.308 TOTAL FUNDS 102,676 (20,657) 82,019 Comparaiive net movemenr in fvnds, included in the above are as follows: Incoming resources Resources ¢xpend¢d Movement in funds Ilnrestricted funds General fund 56,970 (72,014) (15,044) Restrirt¢d fulld5 Capital fund (5,613) (5,613) TOTAL FUNDS 56,970 (77,627) (20,657) A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 3111124 At Ir2r22 Unrestrieted funds GeneTal fund 62,755 (29.480) 33,275 Restricted funds Capitsl fund 39,921 (11,212) 28.709 TOTAL FUNDS 102,676 (40,692) 61,984 Page 12 continued...
ST. JUST & DISTRICT COMMUNITY SPORTS ASSOCIATiof4 LTD (LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS - eontinued FOR THE YEAR ENDED 31 JANUARY 2024 14. MOVEMENT IN FUNDS - eontijjued A cw'rent year 12 uiollibb. *ULd pTÉur y¢ur 12 Jnonth5 cobIned llet movement in fid5. included in the above are as follows.. Incoming resources Resources expended Movement in fund5 Unrestricted funds General fund 117,131 (146,611) (29,480) Restricted funds Capital fund (11212) (11,212) TnT AI. FUNDS 117.131 (157.823) (40,69?) 15. RELATED PARTY DISCLOSURES Bool(keeping costs of £3,092 (2023: £3,186) wer¢ suppli¢d by Pms Goth Limited, a company with Common dir¢ctors D C Stevens and Mrs D J Stev¢ns. Page 13