2022-08-31-accounts - Thurgoland Out Of School Club Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

----- Start of picture text -----
Company Registration Number: 4810012
Charity Registration Number: 1099972
i>
ps a
g .
----- End of picture text -----*

Report of the Directors and Financial Statements for the Year Ended 31 August 2022 for Thuraoland Out of School Club Limited

Thurgotand Out of School Club Limited (AC Limited by ¢ ;

Contents of the Financial Statements For the Year Ended 31% August 2023

----- Start of picture text -----
||||| |---|---|---|---| |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|

----- End of picture text -----

(AThurgolandCompany OutLimitedof Schoolby Guarantee) Club Limited

i Land AdministrativeInf tion for the Year Ended 31% August 2022

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

Trusteesand Directors:

Barrie Salter Hannah Waywell Kavi Berry

Independent Accountants

Lishmans LLP

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

(AC Limited by G tee)

Thurgoland Out of School Ciub Limited

Reportof the Trustees for the Year Ended 33% August 2022

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 Commission as a charity and with Companies’ House as a company limited by guarantee, without a share capital

The charity is administered by a Board of Trustees/Directors. The directors are responsible for strategic and financial planning and for identifying and responding to any risks and to provide support to the staff with several areas such as grant applications, health & safety, marketing, sourcing suppliers and fundraising.

The directors of the charitable company are its trustees for the purposes of charity law and the goveming 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 of trustees.

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 £95,375 (2021: £56,95)). The net incoming resources for the year was a surplus of £17,105 (2021: loss of £1,982).

Thurgoland Out of Schoot Club Limited {A Company Limited by Guarantee) for theReportYear Endedof the31% TrusteeAugu s t 2022

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 the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial staternents, the trustees are required to:

¢ 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.
e 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 comply 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:

----- Start of picture text -----
BSalter- Director
----- End of picture text -----

| <n

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

Report of the Independent Examiners for the Year Ended 31% August 2022

ft report on the accounts of the company for the year ended zs August 2022, which are set out on pages 6 to 9g.

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 (4Xa) 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 to 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(1(c) 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 records kept by the charity anda comparison of the accounts presented with those records. {t 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

e tokeep accounting records in accordance with section 386 of the Companies Act 2006 and section 444a) of the 2005 Act: and
¢ to prepare accounts which accord with the accounting records, comply with the accounting requirements of the Companies Act 2006, section 44(1)(b) of the 2005 Act and Regulation 8 of the 2006 Accounts Regulations: and

Thu Out hool Club i (A Company Limited by Guarantee)

Report of the Independent Examiners for the Year Ended 31st August 2022

e which are consistent 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 understanding of the accounts to be reached.

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

DAK! nr nrernenenen e neinseret i n

{AThurgolandCompany OutLimitedOf Schootby Guarantee)Club Limited

forStatementthe Year Endedof Financial33° August Activities 2022

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Notes|Unrestricted|Total|Totat| |Funds|Funds|Funds| |2022|2021| |£|£|£| |Incoming|Resources| |Incoming resources from|Charitable|Activity|2|95.375|95.375|56.951| |Investment income| |Bank|Interest|2|2|1| |Total Incoming Resources|95.377|95.377|56.952| |Resources Expended| |Charitable Expenditure|3.4|78,271|78,271|58,934| |Total resources expended|78.271|78.271|58.934| |Net incoming|resources|17.105|17,105|(1,982)| |Net movement|in funds:| |Fund Balance brought forward|30.551|30,551|32,533| |Total funds|47,656|47,656|30.551|

----- End of picture text -----

{AThurgoland Company OutLimited of School Clubby Guarantee) Limited

----- Start of picture text -----
Balance Sheet
32% August 2022
----- End of picture text -----

----- Start of picture text -----
Notes 20228 202%
£ E £ £
Fixed Assets
Tangible Fixed Assets 6 2,007 2.133
Current Assets
Trade Debtors 8,806 4,873
Cash at bank and in hand 36.280 22,859
45,086 27,732
Creditors: amounts falling due 1164 1,041
within one year
Net current assets 43,922 26,691
Total assets less current
liabilities 45.929 28,824
Funds:
Unrestricted Income Funds 45,929 28,824
Total funds 45.929 28,824
----- End of picture text -----

The company was entitled to exemption from audit under section 477 of the Companies Act 2006 for the period ended 31 August 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2022 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 i) 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 otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

These financiat statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to smatl companies and with the Financial Reporting Standard for Smalier Entities (effective April 2008),

Approved by the board of directors on ......------------. and signed on its behalf by:

----- Start of picture text -----
Director: B Salter yzG&S ~n
CS
Director: H Waywell _VPlantSeinen 3B Anna .
Director: K Berry . = [al]
----- End of picture text -----

{AThurgolandCompany OutLimited of Schoolby Guarantee)Club Limited

Notes to the Financial Statements for the Year Ended 31° August 2022

LAccounting 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 1st January 2015. the Charities Act 2011, the Companies Act 2006, the Charities Accounts (Scotland) regulations 2006 and Charities and Trustee (Scotland) Act 2005. The company is a registered charity, number 1099972

Cash Flow Statement

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

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 - 25% on reducing balance Computer Equipment - 33% on reducing balance

2, Incoming Resources From Charitable Activities Incoming Resources From Charitable Activities From Charitable Activities Charitable Activities Activities

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |2, Incoming Resources From Charitable Activities Incoming Resources From Charitable Activities From Charitable Activities Charitable Activities Activities|2022|2021| |E|£| |Fees|Received|95.375|56,951| |Deposit account|interest|2|1| |.|05.377|56.9| |3. Charitable Expenditure|,| |All of|the support costs have been allocated to charitable activities.|2022|2021| |£|£| |Direct Costs| |Gross Salaries, Wages and|Pension|59.677|43,509| |Support Costs| |Rent,|repairs|and|renewals|7,209|5.524| |insurance|627|583| |Post,|stationery and telephone|492|337| |Refreshments,|craft and equipment|4,446|2,589| |Sundry expenses|336|377| |W/orkwear|166|ie)| |Travel|55|(e)| |Cleaning|357|Q| |Training|#40|°| |Bookkeeping|and accountancy|3,226|4.407| |Legal and|professional fees|588|704| |Bank charges|175|17| |Fixtures and fittings depreciation|427|569| |Computer equipment depreciation|357|209| |Bad debts|7|0|

----- End of picture text -----

ur of Club Lim {A Company Limited by Guarantee)

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

4. Staff Costs

----- Start of picture text -----
||||| |---|---|---|---| |2022|2021| |£|£| |Gross Salaries ~|Direct Charitable Expenditure|59,677|43,609| |The average|number of full time employees during the year was as follows:-|2|2|

----- End of picture text -----

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

6. Tangible Fixed Asset Schedule

----- Start of picture text -----
Fixtures
Fittings & EquipmentComputer Totals
£ g £
COST
At1 September 2021 5.460 2,244 7,704
Additions - 668 658
At 31 August 2022 5,460 2,902 8,362
DEPRECIATION
At 1 September 2021 3.751 1820 §.571
Charge for period 427 357 784
At 31 August 2022 4,178 2.177 6,355
NET BOOK VALUE
At 31 August 2022 1282 725 2,007
At 31 August 2021 1,709 424 2,133
----- End of picture text -----