2021-08-31-accounts - Thurgoland Out Of School Club Limited

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Company Registration Number: 4810012 Charity Registration Number: 1099972

Report of the Directors and Financial Statements for the Year Ended 314°' August 2021

for

Thurgoland Out of School Club Limited

Thurgoland Out of school Club Limited {A Company Limited by Guarantee)

Contents of the Financial Statements For the Year Ended 31° August 2021

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|||| |---|---|---| |Page| |Legal and Administrative|Information|1| |Report of the Trustees|2| |Report of the Independent|Examiners|4| |Statement of Financial Activities|6| |Balance Sheet|7| |Notes of the|Financial Statements|8|

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Thurgoland Out of school Club Limited (A Company Limited by Guarantee)

Legal and Administrative Information for the Year Ended 21° August 2021

Thurgoland Out of School Club Limited is a company limited by guarantee and a registered charity governed by its memorandum and articles of association,

Charity number: 1099972

Company number. 4810012 Registered office: 16-18 Station Road, Chapeltown, Sheffield, $35 2XH

Trustees and Directors:

Barrie Salter Arthur Vollands

Company Secretary:

Arthur Vollands

Independent Accountants

Lishmans LLP 16-18 Station Road. Chapeltown, Sheffield, $35 2XH

Thurgoland Out of School Club Limited (A Company Limited by Guarantee)

Report of the Trustees for the Year Ended 31+ August 2021

Strategic report, including the Aims and Objectives of the Charity

Organisation

Thurgoland Out of School Club Limited is a charitable company. it is registered both with the Charity shareCommissioncapital. as a charity and with Companies’ House as a company limited by guarantee, without a

The charity is administered by a Board of Strategic Trustees/Directors, The directors are responsible for support and financial planning and for identifying and responding to any risks and to provide to the staff with several areas such as grant applications, heaith & safety. marketing. sourcing suppliers and fund raising. The directors of the charitable company are its trustees for the purposes of charity law and the governing documents of the Charity are the Memorandum and Articles of Association,

Trustees and Patrons

The trustees are elected each year by the charity's members at the annual general meeting. Additional trustees may be appointed during the year by the board oftrustees.

Purposes and Activities

Thurgoland Out of School Cub Limited's Charitable Objects are:

To provide out of school care to the village of Thurgoland and its surrounding hamlets,

Achievements and Performance

The club continues to grow with an active after school section and a busy holiday club. The staff have continued to provide an excellent environment for children to play and learn and worked with the directors to ensure the charity remains financially viable,

Principal Risks and Uncertainties

There is another organisation in close proximity offering out of school services which could pose a risk; however, this does not appear to be adversely affecting the charity but the trustees will continue to monitor the situation closely.

Financial Review

During the year the charity generated income of £56.951 (2020: £46,405). The net incoming resources for the year was a loss of £1,982 (2020: loss of £1,727).

Thurgoland Out of School Club Limited (A Company Limited by Guarantee)

Report of the Trustees for the Year Ended 31° August 2021

Statement of Trustees’ Responsibilities

The trustees (who are also directors of Thurgoland Out of School Club 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 Practice) including Financial Reporting Standard FRS 102 The Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS 102), Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of and the state of affairs of the charitable company and of the incoming resources that application of resources, including the income and expenditure, of the charitable company for period. In preparing these financial statements, the trustees are required to:
e select suitable accounting policies and then apply them consistently. ° observe the methods and principles in the Charities SORP. * make judgments 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: and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping adequate accounting 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 com ply with the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Provisions of the charity's constitution, 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,

Approved by the board and signed on its behalf by:

A Vollands - Company Secretary

Date: _X-3:- 227

Thurgol(A Outof School Club Limit Company Limit Guarantee

Report of the independent Examiners for the Year Ended 315 August 2021 Pages| report 6 ontog, the accounts of the company for the year ended 31% August 2021, which are set out on

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company 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 year under section 43(2) of the Charities Act 1993 (the 1993 Act) or under Regulation 10 (1a) to (c} of The Charities Accounts (Scotland) Regulations 2006 {the 2006 Accounts Regulations) and that an independent examination is needed. The charity is required by company law to prepare accrued accounts and | am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales

Having satisfied myself that the Charity is not subject te audit under company law and is eligible for independent examination, it is my responsibility to:

examine the accounts under section 43 of the 1993 Act) and section 44(4c) of the Charities
- and Trustee Investment (Scotland) Act 2005 (the 2005 Act). to follow the procedures laid down in the general directions given by the Charity Commission
- under section 43(7)(b) of the 1993 Act: and to state whether any 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 and is in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting recards kept by the charity anda 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:

(2) which gives me reasonable cause to believe that in any material respect the requirements

tokeep accounting records in accordance with section 386 of the Companies Act 2006 and section 44(1a) of the 2005 Act and
- to prepare accounts which accord with the accounting records. comply with the accounting requirementsthe 2006 Accountsof theRegulations: Campanies Actand 2006, section 44(1Xb) of the 2005 Act and Regulation 8 of

Thurgoland Out of School Club Limited (A Company Limited by Guarantee)

Report of the Independent Examin r. for the Year Ended 21st Aucust 2021

which are consistent with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities

have not been met: or

the(2) toaccounts which, into mybe opinion,reached.attention should be drawn in order to enable a proper understanding of

Lishmans LLP 16-18 Station Road, Chapeltown, Sheffietd, S325 2XH

Date: B22:27Z_

Thurgoland Out Of School Club Limited (A Company Limited by Guarantee)

Statement of Financial Activities for the Year Ended 31 August 2021

	Notes Unrestricted Funds	Notes Unrestricted Funds	Total Funds	Total Funds
Incoming Resources Incoming resourcesfromCharitableActivity	2	£ 56.951	2021 E 56.951	2020 £ 46,405
InvestmentIncome
Bank Interest
; Total incoming Resources ResourcesExpended		1 ee 56.952	1 36 eee 56,952 46,441
CharitableExpenditure	3.4	58.934	58.934	48,168
Totalresourcesexpended		— 58,934 92 934	—— 58,934 Sew	eee 48,168 48168
Netincoming resources
Netmovement in funds:		(1.982)	(1.982)	(1.727)
FundBalance broughtforward
Totalfunds		30,806	30,806	32.533
		28,824	28,824	30,806

Thurgoland Out of School Club Limited (A Company Limited by Guarantee)

Balance Sheet 31° August 2021

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Notes 2021 2020
£ £ £ £
Fixed Assets
Tangible Fixed Assets 6 2.133 2.144
Current Assets
Trade Debtors 4.873 (e)
Cash at bank and in hand 22.859 31,112
27.732 31.112
Creditors: amounts falling due 1,041 2.450
within one year
Net current assets 26.691 28.662
Total assets less current
liabilities 28,824 30,806
Funds:
Unrestricted Income Funds 28.824 30,806
Total funds 28,824 30,806
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The company was entitled to exemption from audit under section 477 of the Companies Act 2006 for the period ended 31 August 2021, The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their reponsibility for: i) Ensuring the company keeps accounting records which comply with sections 386 and 3870f the Companies Act 2006 and ii) Preparing accounts which give a true and fair view of the state of affairs of the company as at the end of each financial year end of its profit and loss for the financial year in accordance with sections 394 and 395, and which othenwise comply with the requirements of the Companies Act 2006 relating to financial statements. so far as applicable to the company.

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These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies
Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Approved by the board of directors on 83/202 signed on its behalf by
yy,
Director: B Salter.....,meie
Director : A Vollands AViatlards
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Thurgoland Out of School Club Limited {A Company Limited by Guarantee)

Notes to the Financial Statements for the Year Ended 31° August 2021

1.Accounting Policies

Basis of Preparation

The financial statements have been prepared under the historical cost convention. The financial Statements have been prepared in accordance with the Statement of Recommended Practice (SORP} for charities. which is based on the Financial Reporting Standard (FRS) 102 effective from ist January 2015, the Charities Act 2011, the Companies Act 2006, the Charities Accounts (Scotland) regulations 10999722006 and Charities and Trustee (Scotland) Act 2005. The company is a registered charity. number

Cash Flow Statement

The Company is exempt from publishing a cash flow statement on the basis that it is asmalt entity.

Tangible Fixed Assets

usefulDepreciationlife. is provided at the following annual rates in order to write off each asset over its estimated Fixtures and fittings ~ 25% on reducing balance Computer Equipment - 33% On reducing balance

Incoming Resources From Charitable Activities

2. IncomingIncoming Resources From Charitable ActivitiesFrom Charitable ActivitiesCharitable ActivitiesActivities
Fees Received	2021 £	2020 £
Deposit account interest	56.951	46.405
	1	36
3. Charitable Expenditure	ee 56.952 46.441 meee 404A
Altofthesupportcostshavebeen allocated tocharitableactivities.
Direct Costs GrossSalaries, Wagesand Pension	2021 £	2020 £
Support Costs	43.609	34,744
Rent, repairs and renewals
insurance	5.524	4,233
Post, stationeryand telephone Refreshments. craftand equipment Sundry expenses Workwear Bookkeepingand accountancy Legaland professional fees	583 337 2,589 377 9 4.407	527 312 2.447 213 223 4,310
Bank charges Fixtures and fittings depreciation Computerequipmentdepreciation	704 7 559 209	343 ) 503 313
	58.934 48.168 meSIF 4.109

Thurgoeland Out of School Club Limited (A Company Limited by Guarantee)

Notes to the Financial Statements for the Year Ended 31% August 2024

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|||||| |---|---|---|---|---| |4.|Staff Costs| |2021|2020| |£|£| |Gross Salaries|- Direct Charitable|Expenditure|34.744|46.416| |The average number of full time employees during|the year was as follows:-|2|2|

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§. Taxation The charitable company is exempt from corporation tax on its charitable activities.

Tangible Fixed Asset Schedule

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||||| |---|---|---|---| |Fixtures|&|Computer| |Fittings|Equipment|Totals| |COST|£|£|£| |At 1 September 2020|4,693|2.244|6.937| |Additions|787|:|787| |At 31 August 2021|5.460|2,244|7.704| |DEPRECIATION| |Ati September 2020|3.182|1.611|4.793| |Charge for period|569|209|778| |At 31 August 2021|3.751|1,820|5,571| |NET BOOK VALUE| |At 31 August 2021|1.709|424|a2.133| |At 31 August 2020|1,511|§33|2.144|

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