Company re8istratton nwnkr. 05021440 Charity rrgis¢ratÉon n1#n￿r.. 1103382 Cottingley Community Centre {AcompaBy limited by 8IIWWLt¢e) ADnuaE R¢rATrn •Dd Finwittl s￿rne￿ts forth¢ Yw EThJed 31 Dtccrob¢r 2023 Cotlingley COJnmuDity Centre Contents TTus¢¢es' Rwt I to3 sta*￿￿t of FiDancfftal Activities Notrsts>thc Slaf¢m¢Dts 710 17 Cotllngley CommRDity C¢ntre Tnsttt8' Report The trust¢¢4 ar¢ di]￿￿TS for the Pur￿Se5 of comparly law. prwt)t the ￿pOrt together with the f￿￿cIal a*ments 8T¥J auditots, ￿port of Ihe chatitsbk cotBpany for th¢ ycaren¢J¢d 31 D¢<£En￿r 2025. Trustèu and ollk•n The trusie¢5 aA(F offittrs the year and sitt¢ thE yew end follo Trn5tees.' Dou8las Threif811 Anthony He￿I￿(M)d Pathcia Smith Jtsmes Willia BriAn Parker skve Peers Richard Worsley{fesiwl 9 Janw 2023) Rcvd Lindsay PearsOll{ap[￿1Trted 20 July 2023) Revd Athw Clark¢ (Op￿&￿1¢d 25 S¢pt¢mlKr 20231 RaY1r￿nd Edwards {rWi￿ed 25 Sepianber 2023) V81 Chlllifjor (resigned 18 M￿ch 2024) Th¢ Cthtingley Comrnunity Ctrth 15 a c4Jmpany lirNi¢ed by 8wth. It w&$ irwwratcd on 21 2004 and tt be￿rIte a Te8iS¢¢rrd charity M 26 April 2004. Its governing doctm￿nt is its memorandum and artidt5 of aw¢iatron. The nllrne w&% ch￿¢d from Tk Cottingiey CometstonE Centre in July 201B in ord¢r to cmphasise thE PUfP05c of the The dlftr1o￿ who are akn Ibe trvgte¢8 of the charity. meet regulsr b&8is to review prngrt￿. Th¢ir are Set out OAPAE¢ l. The vicarofst Nfteh*l & AN Ay14 is onex officio &￿e¢l￿r. The Bishop of Bradford and the CThUrchWaTde￿ actin8iofrtty. of St Mi¢h*l & all Ang¢15 ¢￿h Th)min* trubtrt d the cOtti￿¢Y Phrwhial Chur¢h Cowjcil nomin8te two further truslees. 3 tsus*e5 8t¢ apw>ADted rep￿￿¢1￿ the ¢Onu[h￿ity. All trustces aTE fully involved in th¢ decisions of the rjwity. The I￿slee& sh￿1 IwLicJs othErwi5¢ dekmiined by ordinary twlution) Bumbtt teL A H¢w 4nJsi¢e may br Bppjinkd by i)rdirwy provid&1 th¢ app)ivlnKnt d￿$ not cause ￿ number of trustees to ex4zed te]L All tnwecs receive ¥propriate indllction and trainin8 resp¢¢t of their Tol¢. Thc frnstee4 addition to the origillaj 5ubscribin£ m¢mlKJ& att the ￿￿)￿rted by stsff sThd¢nts of Bcechcliff¢ School. A mot)thly Friday Comrrtunty Lunch hp5 emblishcd. knov¢s have been A ¢h8il¢ftg¢ ill 2023 r¢5ultiDg in WO￿ b¢iog cfttTi¢d out oll the tentsl propertw. AdditIon￿Y all dooyswithin the ptemises l]ave bEen￿p[a(£dto current specifftatiOD. Undcr new£knBir the tsu8t¢cs are ieviewiAg th¢ plan with 8 view to m&kirtg bett¢r pr4)viston for S￿l￿[S ofthe Collingl¢y Cornm￿ty, The tru51¢cs coniilluti th b¢ wllt¢fi￿ to the volunte¢rs who b&vc &8sis*¢d with lh¢ day to dthy oiri*ion of the Flo*ts¢l•l revkw 77LC unawjited fina￿181 s￿¢Tn￿ show the fir￿n¢la1 ttansaGtion5 for the ye￿. ThE unthcted surplus for thr year arises du¢ to the genemus gllpptsrt of Th¢ Social Jnvestnwbt Busine55 ISIBI ill m&kitig the loaD5 intere￿ fre¢ for g annualty ffvi¢*rd peno¢ curffntly tndiD8 3T March 2024. Inler¢5t would haye heett ¢harg¢d undcr th¢ temis of the origi&&t ugreemenl in thr order of £67.665 12022 £71,471). Thc UDrestridtd surplus of £47.678 (2022 £39.471) ThTs &ppli¢d inmakiog 1oaD repym¢]ts of£63.42012022 £63,420). The up by withdr&wa] The r¢sultsnt wetV¢5 will agBin be used to fiEnd fi#tw¢ IDlln Te The fllw￿ Iotiks chaJl¢ngtng bui m&n8Eeable wtth activity ext*ckd to be at le&%t m¥inlainEd at th¢ cuTheRt kve15 subjc£4 to the c4)tsiitiued support ofThe SOCI￿ lttv¢mm¢rtt Busine5B [SIB]. Pa8e 2 CotéiDgley Communlty Centre Trmstees. Report Th¢lrust¢¢s' aim is lo Frt)Id a Jrscrve of net a8s¢ts tqulvaient to 6 mo]Jths ove11￿rt￿ Thts will nol be achieved JD1km￿lty The chority piid in5uwance wemiwn5 to pmthb)mify tn¥5tcs from any ID5S rttyn neglect or (kfaults of or 8tr&nd any loss. Cotiin8l¢y CommuDity Centr¢ 8LIs &9 a Custodian for funds rai5¢d by Cotiillgky Comjnunity Pafillcrsbtp [CCPI At the ye8trerf £2,969 {2022- £2,969) wrt¢ heId by th¢ charity on bEhalfofCCP. Pl•D$ forfutsTe perlodi AIMI fjftdkey obJethÉ¥fvrfwthreperf•d5 vrith thc Iwsts￿re of ￿￿arCh inlo the needs of the community of Coltin8ky and foltowing thE strate8ic &%view t4rEetpAJ bids for ￿l¢Ut￿p[￿jC¢ts WLII be rnad¢. Smalt comyo1¢s proybloj 8tstMt¢ttt Thi5 TeTxirt has been Prepued in accordance with the spccial T>TOVi$iOTh to Ly)mpanies s￿lj¢ct to the smfyll ¢0mPBr￿C5 reeime within Part 15ofll* Companw A¢t 2(rfJ6. Th¢ atla￿[ W￿￿waS approvedty thcth]stee$ of¢￿ crwityots 9Iuty 2024 ar*1 s¥￿dOn its ￿tsIrbY.. Re d Lindsay F¢fi￿n Ppgc 3 CottiDg]¢y Communlty Cetttre Independent EJ*miDer's Report lo the truytees of Cottingley Community CeDtre {'¢ht Company I ￿PDft to th¢ ¢Ewtty tnr5tees on my eXaMi￿10n oftho J¢ryJynts ofthe ¢lthTity the yeor ¢nd¢d 31 Dec¢mber 2023 which arc sct out on pa8es6 to 17. RwpowlbS1ilk$ h#iJ of rnport As th¢ ¢barity's trwstees ofthe Comp8my {DtMI akn its div¢¢torn for Ihe PUTP)se5 of compAtty lawl you at¢ Jr5P)D5ible fortkn P￿p&￿tIo0 ofthe accourts in accordall￿ ￿￿the E¢qUi￿nts of& Comp￿￿1¢&ACt 21106 ('the 2(￿6 ALX,). Havin8 satisfied mystlf that accounts of the coMp￿Y 8re [￿t required to b¢ suditd under Part l6 of ts 2006 Arl and ￿e ¢ligibl¢ for itidwa(kni examiofjtts￿ I r¢wt iD rest*dofmy eX￿1th￿ ofyowrhgrlty'$4¢￿Wts &$ catried out under section 145 of th¢ cl￿111￿¢5 Aa 2011 {'thr 2011 Aet.). Io C&Trying my ExathiDatioD I bave followed th¢ Directions given by the Charity LomtDi55xon under s¢¢tion 14515Xb)of Ibe 2011 A£L Since the cornpan￿S 8toss ino>me exceeded £250.1100 your txa[ll￿er must bea D￿rnber of a listed ID x¢tion 145 of the 2011 ACL IcoDfmn that qvAltficd to unthrfake th¢ becausc E am amtmt¢r of ICAEW. whtch is on¢ of the listed bodi¢& I have ¢ompleW my ex•mitiatI￿ I wnfinll no hwe wme ty my 8tiethi¢m LWn¢¢tl￿ exatiiinalii¥J giviDg me caw t(> ￿lIev& l. ttccounting teconls We￿ not k¢pt ID respect of Cott]tig￿Y Commlmtty C¢th as Tr4uircd by section 386 of the 2006 Ac¢ or 2. the accounts do aot vcord with those records; or 3. thc accounts th ntst wmply Mryth Iht acwunting rquinnents of s¢dETrJ 396 of th¢ 2006 Act oth¢r th8th any reqUire￿¢￿t that the give a *ue and fair view which is not a m&tt¢rconsideRd as p3rt of an iD&pendent examinlltl￿ or 4. the acco￿nIS have T￿1 prEpaTtd in a¢u)r 1290.340 (278.378) 278,378 (11.962) 11.962 Totsi ¢xpeodi¢ur• F4¢t mDvement ill f￿￿$ 47 678 39.316 Recondli￿l￿n Total f￿d5 brought foThwd Totsl ¢*ried foTNwd 659.177 480.596 1,139,713 1.095.950 706.795 472.234 1.179.1>29 ,139,713 The bT¢akdowtt for 2022 is shown innotr 19. Tr¢ no*son pws 7 to 17 fomh an iThtegTal psn ofthe5¢ fmancial s￿15. Pa8e S Cottingley Communlty Ctntre (Registration number: 115021440) Balaote Sh¢£t 43 at 31 DecU1b￿ 2023 1023 2022 Note Fixed ajstts Twwibl¢ &K¢ts Current •s*ts Sto¢ks Debtors C&8h at bank attd tn hllnd 13 2,202,473 2,205.107 1,455 61.889 102.169 165J13 1.806 79,869 67,912 169,587 14 15 Creditors". falling dne one year et euyrent *5yets 16 15fi332 138 934 9,181 Total afJets Iw ¢MrrtDt IF#bilsti 2.211,656 2.235.760 Cre4Jitors: AD)outtts f*lli&B thit *ft•r more OD• yeAr et •wts 17 1,032,627 1.096 047 ,139.713 Fuod$ of tb¢ ¢hArlty: R¢strlet￿ Income funds R¢5tricted 472.234 480.596 UnTeslri¢ted fithts 706.795 659,117 Totsl 19 1179.029 1.139 713 For the fjDan¢iAI yew ￿dIng 31 D¢¢¢]lllKr 2023 th¢ charity wag enti￿￿ to exemptiom audit UDthr 8edioll 477 of the Companies Act 2006w¢latin8 to small comwi¢& Direcknr4 resp)DsibIliti￿.' Th¢ membon havr not reguiTrd the tharsty to obtsin an audit of its wunts for the year in q￿stion in accord with sution 476.. and The directo￿ a¢kwwl¢d8e Ih¢ir R5pollsibilities for wJJ)plyitig with th¢ requirem¢tits of tl* Act with t¢sp¢¢t to 8ccowrtin8 recorts preparatt￿ of accoun The fllwiciat statements on pttges 5 to 17 were approved by the tntste¢$, *od autholised for on 9 July 2024 amd signed on theirbehaTfby'. ADthony He$5Elwoud Tru5tce Th¢ tLOteson pw5 7 to 17 forni an inte8rn] part of f￿anCIal sthtemeajts. Page 6 Cottiogley Communlty Centre Not¢s to the Flnancknl StstemeDts for Ibe Year Ended 31 DecembEr 2023 Cb4rity sta￿5 Thc charity is liJpit¢d by guaTallte¢. in¢oryorated in EDgJaad and Wale4 and cO￿qve￿IlY does aot hav¢ 51ENre capitsl. Each of th¢ trustees ts liAbl¢ to contributs WTfLount excthbfjg £10 toward5 the &ssets of thc charity tl* ev¢n¢ or liquidation. lkns¢ firwKiaJ wtre for isstr by the tr￿sOn 9 July 2024. The Bddtess of its ttgistered offic¢ ts: Littl¢land5 CottiDg]¢y Bradford BD16 IAL 2 A¢rountiThg polirhs Suththary of 8*ttifi¢*nt accountlng Po￿¢1*4 and key #¢¢ouDtiD8estlm*tt The prillcipal 8cwuntin8 tK)Jicies applied in the preP￿tiOn of thE56 f￿￿la1 Jlatem¢nts are set out Trrtlow. These policies have b¢¢n con5iSteMIy 8ppliedto atlth¢ yeors prt5ented. wdegs otherwise Slttled. St•t•ry¢n¢ of ¢ompllAllC• The financial 5tstcJneJts have PTCWdred in a¢rordarttt with Acco￿lIng a￿d Re[￿7n8 by ChaTi¢ics.' StsteM￿l of Recomm¢nd¢d Pra¢ti(¢ appJicabl¢ ¢0 £baritie5 p￿paTillg their accounts in aC￿rd#￿t% with the Finan¢id RVIti￿R Standard 102 The FÈnHncial Repotltng Stsndsyd appTichbl¢ in the UK and Rtpublic of freTand {cffettive I IABuary 2015) and the CompauLes Act 2006. The cntity meets thr dcfjnitton ora public Ecnefil ¢nliiy under FBS 102. B&Jls of pre￿r•(lO The fitriancial 5W2m¢nts have pr￿Ted thE historical COA conveotion in accordance applicable Uniled Kingdom A¢cO￿nIl￿g Stsndard8. A 8llmm￿ of the prinripal acwunting pTrli¢ie4 wtsith h&Ye been a￿led ¢onsi&ttntty. eX￿p1 where set otst bEIow. Thecharity's fiwiotwl 4nd preSents￿On ¢rncy is the p)und sterlin tontern The trust￿5 COD5ider that thre are no m&tertal unctrlainlies a￿￿1 th¢ charity's abilty to coMinu¢ ts a BOiD8 wn¢¢m J￿r any signifi(xnl ateasof untenainty th&t aff¢¢¢ the canyiJ)8 value of ￿]d by the charity. The flltaDciai have t¢eThpr¢p8ttd onthe 8oiti8 con1￿ knis the truste¢5 beE1c￿ thAt this 15 appwpTiate. The trustees ffgularly monitor Jiquidity and ￿]1¢¥¢ th&t athivitie5 be Susthit￿d for the fotes¢¢8bl¢ firture ill light of the continuitig SttPPDrt of fi]nders. Thr fillld￿ re¢oglli5c thaL since the majority of US¢TS rely on duECt or indwect GovernDwI Futsdlljg and givcn th¢ ¢utrent uBcettain¢y about l¢ve15 of f￿ Fulldu￿ ￿etst8 Tllay 0￿ul whlch ate Outside their control snd which have an 8dv¢The effect on the viability ofthe centre. Eiethpti￿ from prepAfi4g a fasb Ilow ￿tement The cb8rkty hav¢ tskcll adYarÈW ofthE cxempion has Dot inthdEd a c¥Jh tIow slatc￿￿t inthest 5t8lem¢n Page 7 CotlillRlty Commuwity Centrt Note8 to tht Finaacial Ststements for the Ytar Ended 31 December 2023 Fknnd structure Un￿5￿￿£t¢d illcome fimd5 arc ge￿ll1 aJr avaijabk fw tl* tnLSte¢l furthew of the obi¢¢tives ofthe chanty. Re3trict¢d fun(b those doDated for use ill & pthicular or for gFfcific pryse& tk u* of whi¢h is rcstricted to lh* &TCa orwtrKA)se. ltttome eodowm¢4)ts Ail iDcom¢ recowMs¢d onc¢ tl% charity hag entillemcllt to the incom4 it is proboble thwt the iw)D% will b¢ Jwiv artd th¢ amourrt of the tncom¢ Irccivable ¢atL be rne95w￿ reliably. Voluntary IT￿me is receiv￿1 by way of thnatio￿￿ a￿d 8ifis is induded in illthe statem￿1 of ￿t[Will¢S wILen rcceivabl¢. Donaied 5erYi¢¢s and facJlÈties are includ￿ at the vdye to the charity where Ibi$ (4n qts&lltifred. The valuo or s¢rvices pn)vided by volunteers b&$ not b¢¢n i￿]ude¢L GifL8 dow¢d for resale are tticluded ￿ incoming yesow¢es within o¢rfvili¢5 for serffl*trtg fvnd5 whEn Ib¢y 81¢ Grants wh¢rE tDtitkTrJ¢r*t is noi condri10￿1 on the deliv¢ry of a SPEcific FrfoTmance by tk chty arc reW￿ls¢d when the cFwity beeom¢s Unlxynditio￿l]Y elltilled to the 8tattL Gr8nts ar¢ wJ)gttised WIKD the ¢h•tity aD Pthti¢kmeu¢ gndaDy ¢onditioDs linked to the grnnts t*¢ mel. Wh¢re r*rfornance condition8 are #ttached to the wt and are yel to thc in&)me is wistd as a liability 2nd illcludedonthe baJaDce sheet as defe￿ed income to b¢r¢l¢ased. Incow* fffom inve5tmcnts 1$ ind¥dEd in the year in which it is Tectivable. I Wendilu￿ ffWi5¢d once i¢gal or conS￿ve obligation lo CxrKnditi￿. it 1$ PTobablc 8¢tt1¢mMt is required wtd th¢ amount t&n ￿ m¢a5ur¢d reliubly. AJI C0&5 ar¢ allOc￿ed lo the #ppltcable ¢xp¢ttditur¢ headrng Ibt 8ggr¢ga* similaf costs to that ￿te80ry. IVher¢ ￿$ts be dire¢¢ly altributed to pirticutar headings thcy have been allocated a basis consithnt with the use of ¥esource4 with central staff ¢J)5t5 allocated ott the b35i5 of titne sp¢JaL and depreciation chargcs alloc&tsd on th¢ of the ass¢t'$ use. Other vjsts ate allo¢attd byyed on the spw•d of5talTcosls. aGlivities that rai8¢ fund& Ch¢v¥¢oble odilrylles Charithble exprNdilure conwses thos¢ c03ts incwTed by th¢ charity in thE delivery of Èts acttviti¢$ 5crvices for its Fknefjcitries. It in¢lutk$ both ¢osts that be ajtocated directly 10 5u¢h aLXivities and those cosls of on itidirect D&tute necessary to support them. Pa8e 8 CottlDgky Commtynity CeDtre Notes to the IfiD*nelal StstemtDts for the Ye•r Ended 31 De¢¢mber 2023 T4x•tion Thc charity is co￿￿dered to Pas5 thc tests Sel out itt Paryaph I Schedule 6 of thE Ft￿a￿ce kn 2010 aYLd therefore it Jnccts the de[￿lU0￿ of a L*atitabk Comp￿Y for UK ¢owtKTrrntion lax purw>s¢s. AcwrdiDgly. Ib¢ charity 15 W>tcntialty ex¢mpt from taxation io resp￿t ofifitOffl¢ QT capltal satns received within c*80ri¢5 ¢ov¢r¢d by Clwr 3 PArt I I of th¢ Cowation Tax Ad 2010 or Sectton 256 of the T&xalioo of Cb￿geAble GaiDs Aa 1992, to ext¢Dt thfti gu¢b $r￿l￿t orgains are applied extlusively to eharilable purp)￿& TAnglbk fixul #55ets Indivsdu&l fixed ￿5¢ts ar¢ ithltially T¢￿TI]e￿ &t COJL le&8 Subwuent awvmuTfjt¢d I￿p￿]￿lion and Subseq￿nI utatsd impft1r￿nt low& D¢preci4tvJD and AE#tsrtis4tioD Drpreci&tion is plovided on tangible r]xed to ￿11¢ off the wsl or valubti￿ less gny egtimated residual valu4 ov¢rtheirexwtd u5¢fuT economic life a5 follo￿. Iwehoid orthtional proFrties- straight linr overthc lifc ofthe IEu¢ Fixtwes, fitti￿g5 aDd wuipm¢th- 20% su8igbi litte Tang4I1e r￿ed 8s*ts held for inv¢stmEnt puiiKygeB u¢ wried ￿ the tsustr$' YHluetion artd ate tkn)t thprttiated. This is departurc from Ibe Comp￿1¢5 Ad 21Xt6 however tkn tEUYttts ￿lieve depreuaiing th¢ asset pll)uld nDt wv¢ a tr and f8tr vitw be￿use li is kld foriDvetstrwM¢ &tsd tsot for st{￿k Sto¢k b valued at th¢ lower of cosl alld ¢5tillw*d 5¢lliD8 Ptice Ic&5 fOSt5 to compI¢t ￿1( after due ff¢g4rd for obsolel¢ ond shiw moYin8 SfvGLs. Cost 1$ d¢t¢miined using the fjrst-lft, fiN-ou¢ (FTFOI. Gov¢rttmeot EfADts Gov¢rnrkeTrt a¢r¢cogni￿ b&scd on the accn]al aThJ ate meth at tlr fair vahx ofthe a**t ￿￿1Ved or r¢¢¢ivknl& Gfants ay¢ d&%5ified as Trlatillg ¢ither to ￿VeDuC or 10 rnlating to reVen￿e gre . trICQn￿ over the Friod iti which the tt18t¢d costs are ￿88]sed. GTAtsts to &%*ts ar¢ r¢LY)8D1￿d ov¢r th¢ ¢xpe¢td lifr tsf the Where part of a grgnt T¢]￿l￿g to #D is deferrf it is tecoKDi5gJ defetred Hire purthA¥E fmantt Ikases in whi¢b $vbs*antial]y all the risks and ffwards of own￿shIp a￿Te￿ined by the lewr ¢tAtsif*d asorErntinE kJsc& Rentals payobl¢ under op¢rnting Ic&w ate charged in thE Stalemeni of Financial Aclivilies on a strnighi line basis oveT the le•g¢ ttym. Fknatyciil instruments Thr rlwity only fjnancial wtd Itabitiiies of a Jund that qualify a5 b&¥ic firwjciat In$trth￿rlts. B￿LC f￿￿￿¢11[ In51ntmet￿ initially reti)glli*d &t trarL5action value hnd $ubE¢quently measured at their 5&tlem¢nt VBIU C8Jh and tash tquiv*leDts Cash and cth ¢quival¢nts compri5E rash on hand and ca]1 and otkn Short-l￿ liquid investr￿ that are reAdify wnv¢rtille to a knKbwn amount oft&h •nd are subject to on Insignificant riskof change in valuc. Co¢tip8l¢y Commutiity Centre Noles to the F￿￿¢1￿1 s￿te￿ellts for the Y¢4r Elld￿ 31 Dec¢mber 2(123 Debtorj D¢btors ate re￿￿OiSed iDitidly they become du¢ at th¢ ti>JLW￿ pritt Th¢y aft 5ubswueAtly m¢&%ured at athortiKd rost Using the effeLtiv¢ itit¢ft51 r4te uJetho¢ Ie55 proyision fw ]m￿lI￿enL A pwvisron for impllinnent of debtors is ¢st8blish¢d wlxn there 1$ obje¢tiv¢ Cvidcnce that the ¢harity wm not be able to colJ¢¢t oll due acwrding to the original tern￿ ofthe debtor& Credllo Creditors arc obli8atiotts to pay for goods and services that h4v¢ becn aCqUi￿d by the chvrrity. Creditorn ore inatialty gnised at thtt8rLWtion ￿1¢¢ ￿b%quenlIY me￿V￿d ￿ amorti&rd cost Usin8 th¢ ¢[[￿1￿¢ Inte￿51 method. 3 l#eo)n* frnm dona¢ioD$ •nd leg4ti Total 20 Totsl 2022 CenerAI R¥¢ricted Donations and le8acses' Donalio GrAnts. including witsl Erwm. fiovernment Cirant ntaing In￿ts 69.194 69.194 72,720 2.0(Xl 10,835 (920 78.114 3,600 J2.520 85.555 4 IDtme other tTxdiDgAetlv5tlt• Unr•¥lrk￿1 T•tal 2023 Tolal 21122 Cener81 FundraisiftB ¢v¢ttts 2.IXII 2.001 3.302 5 IDvgs¢m¢Dts Unrestrl¢t¢d ruDds Geaer31 Tot•1 2023 Total 2022 Inlcr¢5t trteivablr th similar income. Inlerest receivable otybank depTrsil8 Ir¢wm¢ from rents 1,199 153.095 205 153.095 153,095 154,294 154.294 153.300 Page io Cottlngky CommuDity Ctntre Notej to tbe Fin&DelaR Ststements for the Year Ended 31 DeeenbbeT 2023 6 Inwm¢ from tharltabk artiv*theJ Unrestrktsd funds Totsi 2023 Tot•1 2022 GeneNI S8te& rwm hire 8nd a¢tiYfty inwme 90,837 90,837 108.993 7 Oth¢r thtome Uorejirict Tot 2023 Totsl 2022 C•o¢rAI 810 810 8 Expendlthre rauing ftymds ) Costs Of tr•di￿￿ *rtivlllos Tfrtsl 21 Tolal 2022 FuthisinE i.ioi i.ioi 9 Expeadllur• on ¢h*Yitsble *cti¥iti¢s Unrestri¢i¢rt f¥ods Tfjtsl 2023 Totsl 2022 CeDerAI RÉ*tritted Op¢rntiEkg costs Pternises ¢05ts LO￿ interest Deptecialionetc. 133.329 75,314 67.665 11.400 144,729 164.395 75.314 68,918 67,665 71.471 1632 ￿632 290.340 307.416 562 278,378 11,962 Cotthi2l¢y Commtsnlty Centre Note& to the FlnaDdsl Ststements for tho Year Ended 31 December 2(tt3 10 Net r*ypurr¢J Net i￿￿j]ng for the year include: 2023 2022 tkpTBCiationof fiKrd ￿sets IDdcF¢ndeni examin&s fc¢ 2,632 2.990 2.632 11 Trn¥t¢# r¢mu*trAll•ty txpense5 No Iru￿￿ norany persons CODD￿ wkth have ree¢iYed aDy remuneration from the clh&rily dLwiDg thcyw. No t￿￿ecS have ￿tt1ved any Ycimbwstd exptnses or￿Y other btncfits frum the chority Ih]ring Ihe ye•r. 12 Stsff eojts Th¢ pgymll ¢0Sts wm¢ 0$ follo￿8.. Employwent Wages and saiwies etc Social securtty cosL8 Pensir>n co 96,848 1,714 1,890 100,452 104.919 .742 1.837 108,498 Thc llK)Athly avera8e number of persotL8 {includin8 gerrior mBrwt I Icadership teAml ernpIoycd by thc charity dwing th¢ y¢ar¢xpT¢sxd &$ lim¢ ¢quiv8]¢MS hs follow*" 2023 21J22 r40 No employe¢ Ttteived emOlun￿l￿ of Thre th￿ £60,000 thirin8 th¢ y¢ar. The ￿tal employe¢ orth¢ k¢y p¢rnm*lofth¢ ¢lwity w¢r¢ (2022. £KIl). Page 12 Cottlngley CommuDIty Centre to the Flnan¢ial Statelnents for the Year Ended 31 December 2023 13 T•ll￿ble tlxe41 ￿ets LoDg le4sehold I￿￿8 le4$ehold Flxtllre4 lfjv•stthenl op¢r2tlooo1 rittings property prnp¢rty eq¥lpw*t Totsl Cost At l January 2023 At 31 D¢c¢mtrÉr2023 1,926.163 1,351,747 150,040 3,427,950 1.926.163 l J31.747 150,040 3,427.950 DepFoel*lltsn Ai I January 2023 Chw forthe y At 31 Ikcem￿r2025 1,1)72.803 150.040 1221843 1075.435 1223,475 N•t bookvilue At 31 De¢¢t)b¢r 2023 1.92l163 276,312 2,202,475 Al 31 Dcccmbcr 2t122 1.921163 278.944 2205.107 AU the ka5flv)Id proEW is charged in sUp￿rt of bortowings •nd PO*ntial grant clowba¢¥ shDuJd condElio￿ rLOt be adhered kn. Thc tru5ttt5 bclicve that tht C05tof lon8 lease1￿Id rnvesimerts PToperty tepresethts A fiirmarket value. The V&Th￿ ofih¢ long le*sehold otVdt¢onal prn￿ty is jww wtittets lo eStinHI￿ value which is conside￿d kn br ¢quiva]ent to its value to th¢ thwity. havinR I￿￿ ¢Stabliskd thB CLWtent In￿Me 8¢n¢thn %vhith ¢wn be suslaitKd IIDM o[w8tU￿ ofthe prnperty. 14 Deblorx 2023 2022 Trade debkns Ptepayment$ and a¢¢nJ¢d ill1￿Me Other debknTS 45.380 16359 Iso 39,609 17,458 61,889 79.869 15 C*9& And cmh equl¥al¢#ts 2D22 Cash onband Cash fit batsk 1.541 100,628 102,169 1,345 86.567 87.912 Page 13 Cot¢ingley CommuDity Centre 0ts8 to the FIDanctsl StstemeDts for the Yar Ended 31 December 2023 16 Crediton: *wouDts f*KIDg due Thrfthlu 2022 63.4J 18,284 9,718 3,319 61,591 136,332 63,420 13,976 9,549 3,214 48.775 138 934 Tradccrtdito Other ￿tIon aDd social seority Other credilors A¢(￿a]S def¢￿ed inLYJme Included in the other twJl￿Ts ai¥)ve Is E2.969 {2022- £2,969) beld on behaifof the C￿ttIt}g￿ Commutyty Partlletship whEre the chllrity a¢ts ￿ ¢ustodian for the funds. During the y¢Ar thr cfftwily receiv¢d fvnrfs of £NiR (2022- £Nil) ynd phld fi]Tbts of £Nll (2022. ￿11) on lthalfofthe CottiD8ley Commw Pjjtiu￿. Cr¢ditors due withht one yegr incl￿]¢5 the followiD8 ]i8btliti¢s, on whiGIL ￿(￿lty has 8iv¢n by Ilt¢ clwity: 21J23 2022 63.420 LO￿ borrowkD8s are s￿￿ed0￿ the 1008 lewI￿}dP[0E*rty. 17 Credltovs: *mouHts f•lling due *fter on¢ ye•r 21123 2022 Logn5 and bornwin8S t.031627 1,096,047 Creditors fa1Tft￿ thie after rfy)Y¢ IhgA o#¢ ycar illclud¢s the followiR8 liabiTi¢i¢4 on which se¢uTity ha8 b¢¢ veTJ by thr ¢hoTtty.' 2023 1.032.627 1.096,047 and bDrrowi¥ ar¢ sec￿ed onthe lomg kas¢hold PWI￿rty. It￿lud¢d in tIK credi1015￿¢ the following allerTVL)Te than five yejts.. 2023 2022 Afi¢r mote th&ll five yeaT3 by imtftb 810.657 874.077 Pwgc 14 Cottlnglty Commuttlty Ctntrt Notes to th¢ Finan¢ial StatemeDts for the Year Ended 31 December 2023 BorrowlDpthie ifterfive Y￿ tA)an5 of £50I.5I712022- £530.527) from FUtu￿bu11de[S En8iBAd ac¢n￿ intrtest ￿ 6%and aTr 5ecuted by a charge on all lojjg IEaSelLold Fro￿lty ¢xc¢pt the Medic41 CeDtre. RepayI￿enl8 are sp￿&d over a period of 25 year5. Inlere51 is ¢wYently b¢ÈNg ￿{y¢d on thest lojns to l Deithr2024. A loan 4)f £594.530 (2022 - £62&940) frorn Futurebuilders ETrglaFtd be4Ts 7ntetest Fuiurebuil&rs EngJaNJ's 5tsndard f8t¢ l¢umdy 6%), is ttp&y8ble over 26 ye4rs Illd 19 Steurtd on t￿ Medittj Centre. Inte￿51 Ag tU￿¢￿1Y t*ing waived onth¢3¢ loan3 10 l DK¢D)b¢r 2024. 18 Comthitmthts (hher f￿*￿tI*l commitmeDIs The Ix)Jnmiknt klow ￿la*StO tk total futwc miniMt￿ le￿ paymerkts aJK)I￿L¥￿￿b1e oWiDg I The of other fmanci￿ o)mil￿ noi pTrvidcdxnth fi￿￿￿la1 stst¢m¢nts £7.901 (21122. £II029). OpeT4tiDg lu3es- kssor Thokntaj future mltiimum lease t¢eeipts (Tents weivableA for¢&ch of th¢ followiog ￿riOdS: 2022 Not l*rthth one y L&terthanone year aDd tHter thgo five yeBYS 145.213 499,337 153.095 551559 91.991 797.645 644.550 The contingent rents re￿gnIsed ￿ In￿Me d¥rin8the y¢4rw £153.093 {2022- £IJ3.095) Pagc 15 CotthiRky CoAmuLIty Centre NoteB to th¢ St#tem¢Dts for the Year Ended 31 Deeember 21123 19 Futtds Bxlant¢ gt31 D•coADb•r Bal•Dte It J kn¢oming JID¥*ry2•23 expehd¢d 2fr23 Gerthl 659,117 326.056 78.378 704795 Rtstritted funds Propeffy Holiday clubs l Youth 4￿8 471.196 9,4(Kl (5621 11.4tXI 470,634 480,596 {Rl,962} 472.234 Total fwnd9 1.139.713 ￿329636 1.179.029 B*lADee It 31 Dtcember BAl*nt¢it I J8TrN•ry 2022 Incoming r*sDurees Rejou￿t5 UaTutrkt¢d G¢￿TrI 619.646 341233 302,762 659 117 471.758 (5621 {97) 14J50> 746 471,196 Food bwtrk HoEid&y clubs Iyouth SI￿S Job club 4? 10.(KK 3.750 746 9,400 Resirlcted funds 476.304 5,755 T•tal fvnds 1,095,950 352280 30&517 1.139.713 Page 16 Cottlnglry Communlty Cetttr¢ NoteJ to the FinaD¢i41 St•temuts for Ibe Year Ended 31 De¢ember 21123 2fl ADtttyJig ftrf net behrn fuNd¥ u￿￿1￿1¢¢¢0 Total fuDdB at 3A December 2023 CeDer*l Tawblc fLryed a55¢ts Cwr¢nt a5s¢ts 1.731.841 163,913 {156.3321 1,032.627 470.634 2202,473 165,513 (136.33Z) .032.627) 1.179.029 CtEditors oyw l y Total net P55ets &8 ￿ 31 DeL*mlxr 2020 706.795 472.234 UDrestritted Totsl *¢ Re81rl¢t•d 31 Dt¢eJttbEr runds ZO22 G*neril Taoybl¢fwd assets Cunrtst ws¢ts c￿￿nt liabiiiiies Cr¢diÈon ov¢r l y TOts1J￿ ￿8¢ts ,733,9ll 160.187 (13&9341 Im6,047 659.lJ7 471,196 1205.107 169.587 (13&934) 1,096,047 J.139.7J3 480.596 21 Rtl*ttd party tr*ns#tllthms Dwillg thr y¢aT th¢ ch￿lty math the following ￿lated partyttansacttons.. Rtvd Idttds•y PtÈr*tsDy Patricli S•kh, ¥glCh*Ill￿r, StevePeus *ttd Thr￿f￿1 R¢vd Litiw P¢8r$0￿ Patricia s[Dit￿ Vai Clmitiryor. Steve P￿r$ Doug Thr¢lfall We￿ JTL¢mbets of thB FCC of Michael a￿1 AU Angels. COtti￿￿Y througkn¥t thcsr terni of offi￿ The PCC are the Fwfic&al owws ofthe fr¢ehold site on wthidj the long k&thld pmn1￿5 (op¢rntional and ir¥v¢5tTrth propertits) 8tan(L None of the aforementioTred d￿tY¢ personat bcrtefrt f￿[0 tsiT M¢Mbe￿iP of th¢ PCC. At the bRtance slleet daee the due tolftom Revd Lindw Patrici2 Smit14 V8E Chfijlinor, St¢v¢ P¢¢n and Doug ThreifalJ ￿lI{2022- WII. Pase 17