Registe Number.. 5389427 (England and Wales) The Clarke Foley Centre Directors, report and accounts for the year ended 31st March 2022
The Clarke Foley Centre Contents of the Financial Stalements for the year ended 31st March 2022 Page Company Infomalion Report of the Directors Report of the Independent Examiner Balan Sheet Notes to the Financial Statements St*emenl of Financial Activthes
The Clarke Foley Cenlre Company Information for the year ended 31st March 2022 DIRECTORS at me of AGM: S Hyde J Mccnckard H Miller A Simpson D Damant R Wholley l Ashman T Lynam J Finnerty SECRETARY: H Miller REGISTERED OFFICE: The Clarte Foley Centre CUn1e Road Ilkley Wesl Yortshire LS29 9DZ COMPANY NUMBER: 5389427 {England and Wales) CHARITY NUMBER 111)9588 ACCOUNTANTS.. SKS Bailey Group Ltd Nahyest Bank Chambers The Grove Ilk West Yorkshirp LS29 9LS BANKERS: Barclays Bank PLC
The Clarke Foley Centre Dlreetors. Report forth¢ year ended 31st March 2022 Registered Charity No 1109588 The Clarke Foley Centre Cunliffe Road WestYort¢shire LS29 9DZ The objects of the Company a.. al lo maintsin and manage lin co-operation with voluniary a tstre in Ilk fomErty managed by The James Clathe and Sarah Foley Trust for the Eldedy land fflore rnlly known as The Clarke FoY Centrei situated in Cunliffe Road, Ilkley. LS29 9DZ and provhle at Ihe Centre faolitw for recreabon. edtscatjon. or other leisu tirr occupat50ns in the InierÈsts of s0¢181 wea for resKlents over the age of 50 yeats. of Ilkky. Addingh3m, Burley in Wharfedale, Men5ton and surrounding districts within tt Metr¢)w)litan Distnct of Bradford. without distinction of Ced or colour and bl lo pro¥e a fecal point and meetir%J place for membets of Ihe community and for groups whose is tri meet the needs of the neighbourhood and the community. I to prowde a foca1 point for voluntary effort gNen for the befiefft of rnber5 ofthe communty who may te disadvanta9ed dl Nothing in clauses lal to cl above indusNe shall aulhorise any non-charItab object or purpose The Dire¢tors who Served dunn9 Ihe year Urer re¥1 were". J McCrick3rd S Tomlinson PLOY S Hyde E Garfitt H Miller A Simpson D Damant In accordance with Ihe Arritles of AssociatTon. H Miller S Hyde and J Mccrickard will retire by rotstion Also In accordance with the Articles of Asswalion hawng been appointed during the year D Damanl and R T Lynham A Ashman and J Finnerty offer them5elve5 for re-election at the Annual General Meets"rvJ. Revlew of maln actlvld•s in thé yèar ènd¢d 31st March 2022 The year ending 31st March 2022 and the month5 theafter have been a challengin9 and drfficutt time for the Centre. By Autumn 2021 there were warning5 of very 5ubslantyal cost Increases in food and energy prices. ading to 50aring rates of Inflation. Whilst Clarke Foley was able to Secu a number of gfants and funds to sustain rts continuity. the Otnicron variant had an adverse effect on all sour¢e$ of In¢orne. with re(luced w51tcr numbers and Increased room hi ¢3ncellations because of the continued fear of infection. Early In 2022. due to Clarke Folels Secure financial reserves, rt was fell possible 10 Ii>uk once again at internal building works airned al ralionali%ing the cJJrrent cafelkitchen operation$. Notwilhstsnding th8 challenggs. barrvèrs and Iimitats)ns placeil on the Clathe F¢Jley staff and volunteers. much minor repair and maintenance work has been undertaken, all¢ing the Centre to continue to yraie in an extrernely challenging financial environment The Clathe FoY is In effed the community centre of Ilkley. known. used and loved by 50 rnany local residents, both elderly and not so ekderfy,. The ClarfEe FO Community Centre continues lo operate in four main areas."- 1 The cafe is open to all rnernber5 of Ihe ccrfnmunity. 11 is S&Hed tFy bolh ernpyeeS and volunteers, providing drinks light refre$hments from Monday lo S8tur*Jay plu$ o¢¢a$K)nal Sundays. 2.The thriving Tuesday and Thursday Lunch Club5 for the over 80$. aThl a key part OF Clarke Foley week. serwng up lo 70 people per week.
Thè Clark• Foley Centr• Dlrectors. Report for the year ended 31st March 2022 Icontinuedl Review ol main activities in th• yèar ended 31st March 2021 Icontinuedl 3.A wide range of das5es and le15ure actiwtie5 is offered, which currenuy indude5 art, keep fit, indoor bowls and variou5 dancing and mu51c groups. 4.Rooms are rented out to many local clubs and societies on a gUlar basis and are used as a venue for events and meetings Current users include U3A. Tai Chi and Ilkley Flower Club. together with events from Ilkley Literature Festival Board Meebngs a held on a regular basis. usually at least bi-fflonthly. an¢J at ihese rneeting5 Dir8ctor5 constsntly revi8w the strategic obje¢Dves of the Communty Centre in the light of recent events. rnany of which are beyond their control. On beh81fof the Board. induding rnberS past ar present I would liketoextend ourthanks to all the stsff and volunteers who work tirelessly to keep the Clae Foley going. Re¥erve$ Pdiey In line wth o(Jrtharitsble aims and 0tr4'e¢ti¥es. to ¢xJntinue to provide adequately tsthe needs of our benefioaries. many of whoTn are vulner>ble, and our employees. the Board has agreed thal adequate levels of Unrestricted Reserv85 should b8 maintained In accordance with the Reserves Policy adopted on 5th February 2021. the Board considers it would be prudent for Unrestri¢ted Reserves not ¢(xnmrtted or invested In t•ib fixed assets to be within the range of £100.0 to £350.000. Thi5 range is not deerned excessive in order to alhjw the charity to continue supporting the local community. Statement of Olrectors, responslbllltleg The Director5 are required under the constitution of the company to wepare finanoal staternents for each financial year which give a true and fair view of the state of affairs of the company and of its results br that period. In ppann9 those finanoal statetnents the Oirector5 are ieqvired to". se surtab aontIj Oioes arKJ aWy than ctsisstenuy," b} rnake jLKlgements and estimate5 that are reasonable Wnt.. wepare the frnancial statements i)n a going con(wn basi$ unless it 1$ inappropriate to assume that the mpany will ¢onbnue in business. The Diwtors are responsible for keepin9 proper a(tounb"ng re¢ord$ whi¢h disdtsse wth reasonable 3c£uracy at any time the financial position of the cornpany They are also responsible for Safeguarding the a55ets of the company and henc fof takir¥J SponSIe Steps forthe PWEvention arMJ detethon olfraud and other Iularitie5. Approval This port was approved by the Di0rS on 1411 December 2022 ano &gned on their behaW. /41// ?/zL S Hyde (Chairl
Indep•ndtnt Examinerfs Report to the D1CtOrS of the Th• Clarkè Folèy Centrè l port on the accounts of the C(N)wany fot the year ended 31st March 2022 vthich a set on payes 5 10 9. Resp•ctiv• rèsponsibililies of Directors and Examlner As the Directors you are responsible lof the pparatIOn of the 8¢(x)urfs 8ccDrdance wth the Charities Act 2011 (the Act).. you consider that an audFt is nol required forthisyear underseclion 144 of the Act and that an independent examination is needed. It is my responsits.lity to examine the accounts under secbon 145 of the Charities Act and to state, on the basis of procedures spe¢Jfied in theGeneral Direth'ons given by the Charity Commis5ic)ners under section 1451Sllbl of the Act, whether p8rb"cular matter5 have o)rre to my attenbon. Basls of ExamIne$ report My examination was carried out in accordance wlh the General Difectons given by the Charity Commissioners. The exarninath.on indude5 8 review of the accounbng records kept by the charity and a comparison ol the accounts presented those records. 11 also indudes consideiation of any unusual item5 or disclosures in the accounts, and seeking explanatK)ns from you a5 Directofs conceming any such matters. The procedures undertaken do not provide all the evidence that would be wuired in an audit and consequently I do not exwess an audit opinion on the V grven by the accounts. Independent ExamIne9 stst•m•nt In connection wilh my examinats"on, no matter has come to my attention: 1. which gives me reasonab cause to believe ihat in any material spe the rlvuirennts lo keep accouthn9 recor(Is in accordance with Section 130 of the Charittes Act antl lo prepare accounts which accord wth the accounb.ng records and to comply wth the acwuntiThJ requirements of the Act have not been I. ¢y 2.to which. in my opinion. attention should Ix drawn in order to enable a proper vndetstanding gf the 8ecounts to be re8ched_ Name: Dawd A Crowther SKS Bailey Group Ltd Qualificatlon: Chartèred A(tountarht Addrnss." Natwest Bank Chambers The Grove Ilktey West Yorkshi LS29 9LS Date: 14" D8m*T 2022
The Clarke Foley Centre Balance Sheet as at 31st March 2022 Ncrte 2022 2021 FIXED ASSETS Tangible 88sets for use by the cA)mpany 21XS.095 209.649 INVESTMENTS Endowment ftjnd Reserve fund 485,548 247.913 Y33.556 481.002 245,850 9,501 CURRENT ASSETS Stock Debtors 1,165 14.633 530 3,512 Cash at bank ano in harn1 81.277 97.075 91.027 95,(9 CURRENT LIABILITIES Creditors". amounts due within one year 10 16.[0 16.( NETCURRENT ASSETS 81.015 91,260 TOTAL ASSETS LESS CURREMf LIABILITIES 1 027 761 CAPITAL ACCOUNT Endowrnent funds Unrestricted funds Speafic funds 485.548 5C6.547 22.476 481.002 546.759 1 014 571 1.027,761 The company is entitled to exemption from aLbYit under Section 477 ofthe Companies Acl 2006 for the year ended 31st March 2022 The members have not required the crjmpany lo obtain an aydrt of ts finanoal ststements for the yearended 31st March 2022 in acc£Jrdan¢e with Section 476 of the Companies Act 2006. The directors acknowledge their responsibilib.es for¢omplyinwth tr¢e qU1mentS ofthe Companies Actwth respe to accounting records and the Pfeparabon of accounts. These accounts have been prepa in accordare vh the prowsions applicable to small ¢x)mpanies subjectto the small companies regime and in ac¢or¢Jance v•ilh FRS102 SORP. The financial statements were approved by the Boarfl of Directors on 31 st Odober 2022 and signed on their behalf by.. S Hyd8 (Chairl The notes on pages 6 to 8 forni part of these accounts
The Clarke Foley Centre Notes to the accounts forthe year ended 31st March 2022 1. ACCOUNTING POUCIES 1.1 Basis of pr#ratiOn of aeeounts The a¢¢ount$ are ppared under the historical c05t convention with the exception of investments which have been valued at market value and include the results of the companys operab.ons which a described in the Directors, report and all of which are continuing The accounts have been prepared in ac£wdance th the Statement of Re¢ommentJed Practice lor charity accounts. The ¢(xnpany has taken advantage i)f the exernption in Finanoal Reporting Standard No 1 frorn the requirement to produce a cashflow statement on the grounds that li qualifi85 as a sm811 cornpany. 1.2 Tangible fixed o$¥ets forthe by the company and depreciation Tang1ble fixed assets for use by the ccmpany a stated at cost less depoiiatson. Depreaation is Pfovided at rates calculated to wrtte off the cost orvaluats.on of fixed assets, le55 their estimated residual value, over their expeded usefvl lives on the fdlowin9 basis.. Freehold buildings Fumishings and equiFfflent SO years straight line ba51S 10 years 5travJht line baS 1.3 Income Voluntary income, donations and letting income are accounted for on a receivable basis. 1.4 Value added tsx The Charity was reg15ter8d for value added tax on 1st Novemter 2009 and accounts for the tax on a quarterfy basis. 2. CATERING 2022 2021 Sales." Coffee Bar Luncheon Club l FunctK)n5 79.244 9.441 14.409 94.423 14.409 Purchases Add" stock at beginniry of year 32.170 3.927 712 32.513 4,639 343 Less." stcKk at end of year 31,727 4,2 SurpluB 62.696 10.113
The Clarke Foley Centro 3. DIRECTORS. LIABILITY AND ENDOWMENT ASSETS The company is limited by guarantee. wth the li3bilty ofthe di¥ectors not exce8din9 £10. The ¢otnpany 15 trustee of the endowment assets of the JaTne5 Clarke and S3r3h Foley Trust for the Elderty.The freehold prcperty is vested in the name of Ihe of the Ofvial Cu5t(Klian forCha¥ities who holds it on half of the Jame$ Clarke and Sarah FoY tnjst for Ihe eklerfy Brewer Dolphin Lirnited. the company's In¥eslment managets. hokJ the investsneTrts in both the Endowment Fund and for the Unr8stricted Fund. as trustee for the Clarke Folpy Cenlre. Under section (5) of the Charibes Act 1993, Jaffles Clarke and Sarah Foy Trust for the Eklèrly, though domiant. exists as a registered tharity but will be treated 35 I01n9 part of the rxmnpany for the putpose5 of Part V1 lat(x)untingl of the Charilies Ad 1993. No director orthe treasurer refived any remuneraticffi or expen5e5 85 they act on a voluntary basts. 4. TANGIBLE FIXED ASSETS Tangib fix&1 asws for use by Ihe rranY TLxal Used directly for charrtable purposes". Cost At 1st April 2021 429.460 .394 492,854 At 31st March 2022 429.460 63 394 492 854 Depreclats"on At 1$1 April 2021 Charge for the year 224,911 8.279 58,294 283.205 1.275 Deprecialicn at 31st March 2Q2 Net book value At 31st March 2022 196,270 3,825 200.095 Included In the cost of the freehold property 15 land costing £15574 which has not been (lepreoated S. ENDOWMENT FUND 2022 3)21 Fund balance at 1stApril 2021 Purchasts less sales in year Profit ILossl on thange$ of investment5 in year Chang& In uninvested (x Unrealised gainlllos$i on inve51rnents Porfolio Management Fees 481.002 405.812 17.6661 1.411 112.1671 15.080 21,541 14.8281 64.371 14.2611 Fund balance at 31st March 2022 485.Y8 481,002
The Clarke Foley Centrt Notes to the accounts forthe year end•d 31st March 2022 Icontinuèdl 2022 2021 6. RESERVE FUND Fund balance at 1st April 2021 Purchases less sales in the year Profit on changes of investments in year Change in uninvested cash Unreali5ed gain on inVeStmt$ Fund balance at 31st March 2022 245,850 199,837 12.3941 2,148 2.020 10,355 12281 14,2751 247.913 245,850 7. STOCK Catering 343 Cleaning Materials 8. DEBTORS Letting Debtors Prepayments Taxation and social secJJiity 9.4 2.826 2,311 14.633 3.420 92 9. CASH AT BANKAND IN HAND Cash at bank Cash in hand st(brokrs 79.608 371 1.298 81,277 JLQ2L 89,521 379 10. CREDITORS Trade creditors Accruals and deferred income Taxat'on and soaal seojrity Sundry creditor3 3,337 9,694 2,358 671 16.060 3,488 302 11. SPECIFIC FUNDS Swfic Funds are made up of0 elements- grants recwved bythe Charity where the amount can only be used for a designated purrK)$e amounts raised by fundraising where li is solely lor a particular proje(*
The Cl•rk¢ Foley C¢ntr¢ SlJlEmvnt of Fln•n¢i•l Aclivibes forthe yearonded 315t March 2022 Total Fuw FUNI FLwwJs 20 INCOME Interest and dNKlentts Bank interest Donations Grants paid by Bradford Council Specific GrantslFundraising $018r Panel Income Lettin95 and glfts from user5 Money raising actiwties Sales of books Groups Cafe TOTAL INCOME 6.053 12.760 18.813 20.875 80 31.862 41.572 2,239 1,223 8.763 17.750 8.763 17.750 21.4C 21.4( 49.268 49.268 2,965 1.381 14.487 94,423 230.808 602 61 379 14,409 117.288 1.381 14.487 94.423 196.642 21.4 12.760 ale purchases 131.7271 131.7271 14.2961 TOTAL INCOMING RESOURCES 164,915 21.41A 12,760 199,081 112,972 EXPENDITURE Wages and naiional Insuran Less HMRC CJRS Grant Raies and water Ga$ and &tine Licenc88 and insuranc89 Telephone and Inlemel Repai, nE+r&I5 and mainiewHwKe Postage. printsng and statonery Ad¥erbsing Sundry expenses Accountancy Professional fees Porfolio Management Fees Specific GrantslFundraising- 8xpendibJre Staff training Depreciation Bank. credit card and donation fees Non Redaimable VAT TOTAL EXPENSES EXPENDED 157.928 16.6011 157.928 16.6011 4.505 11.019 5,601 5.410 23,104 147.610 161,9421 3,192 4,958 11.019 s.1 5.410 23.104 4,902 20,854 1.206 389 174 174 1.192 6.831 1.263 4.828 6.091 4.194 4.194 1,032 9,634 1,275 3,984 150.851 9,554 2.276 9,554 2.276 217.308 4.194 4,828 226,330 Nel loulgoingllincoming resource5 before transfe Transfers between lunds 152.3931 17.212 7.932 127.2491 137.8791 12.760 112.760 NET IOUTGOINGI RESOURCES 139.6331 17.212 14,8281 127.2491 137,8791 GAINSIILOSSESI ON INVESTMENT ASSETS Realised gainsll1ossesl Unrealised goink)SSeS) 112.1671 21.541 110,1471 24.21 25.435 102.1 NET MOVEMENT IN FUNDS 134.9481 17.212 113,1901 89,712 FUND BALANCES BROUGHT FORWARD AT 1$tAPRIL 2021 la$ previously 51aWI 546.759 481.002 1.027.761 938,049 Transfer to Specific Funds at 1stApril %)21 15.2641 5.264 FUND BALANCES CARRIED FORWARD AT 3151 MARCH 2022 506,547 22.476 485.548 1.014.571 1.027.761