Company tegistration number.. 05178677
Clwity registration nunther.. 1110395
Hyndburn Voluntary & Community Resource Centre
Ltd.
(A company limiled by guarantec)
Atjnual Report and Financial Ststements
for the Year Ended 30 September 2024
I st Floor. Block C
The Wharf
Manchester Road
Burnley
Lanca5hire
BBII IJG

Hyndburn Voluntary & Communfity Resource Centre Ltd.
Contents
Reference and Administrative Details
Trustees, Report
2to4
Independent Examinerfs Report
Statement of Financial A¢iiviti¢s
Balance Sheet
Notes lo the Financial Statements
8trJ13

Hyndburn Voluntary & Communlty Resource Centre Ltd.
Reference and Administrative DetAlls
Trustees
Mrs A P Rowland
Mr5 E L Barker
Mr G Coglan
Mr G Mason
Mrs J Bury
Mrs K Orn)erod
Mrs P Dobson
Mr M H Lceming
Mr R Cocklin
Mr T Preston
Charlty ReglstrAdon Number
1110395
Company Registratlon Number
05178677
Registered Office
St James Old School
Cannon Street
Accrington
Lancashire
BB5 2ER
Independenl Examlner
KM
1st Floor. Block C
The Wharf
Manchesrer Road
Bumley
L4ncashire
BRII IJG
Banker
Virgin Money
25 Manchester Road
Burnlcy
Lancashire
BBII IHX
Page I

Hyndburn Voluntary & Community Resource Centre Ltd.
Trustees, Report
The Irustees, who are direclors for the purposes of company law, present tbe annual r¢port togethtt with the
financial sthlements of the charitable company for th¢ year ended 30 September 2024.
Trustees And officers
The trustees and officers serving during the year and since the year end weTe as follows..
Trustccs..
Mrs A P Rowland
Mrs E L Bark¢r
Mr G Coglan
Mr G Mason (appOin￿d 17 FAarch 20251
Mrs J Ilury
Mrs K Orn]erod {appoinied l Febrnary 2025)
Mrg P Dobson
Mr M H Leeming (appointed l February 2025)
Mr R Cocklin (appointed l February 2025)
Mr T Prcs￿ft {appointcd 17 March 2025)
A new managcr Andrew has ¢om¢ on board. He hay experience of grants and funding, and is helping to make
sure the building is covered oft all days with a member of the Managen￿nt team. Cuts have been taken in pay to
other members of the team lo enable Ihis.
ObJ¢ctlves And A¢tlvltles
The objects ol-the charity are..
for the benefit of the public in Hymdburn and surrounding area:
{ l ) The promotion of the effective use of resources for charitable purposes and non<haritable bodies: and
(2) In the intere515 of social welfare, to improve the conditions of lif¢ of the inhabitants of the area of benefit
Ihout distinction of political, religious or other opinions: in particular but not exclusively by the provision and
maintenance of a community resource centre.
The ¢harity achieves ils objects by the operation of the Resourcc Centre An Accrington. which is let on a 25 year
lease, with no rent, frorn Hyndburn Borough Council.
Flnanclal revlÈw
The charity's rccurring income eonqists of rent reccivcd from community groups and other users. This sowce of
income has increased from the prior year due ￿ increased activity.
The trustees consider it prudent io hold unrestricted re￿rVeS to enable it to perforni its operations. The level of
unrcstricted reserves on 30 Scplcinber 2024 was £18.33], which reinains in excess of 3 months norn￿]
resources expended. The trus*es consider this level of reserves is sufficient.
Publlc beneflt
The trustees confirm that thcy have complied with the rcquirements of section 17 of the Charitie5 Act 2011 to
have due regard to the public benefit guidance published by the Charity Commission for England and Walcs.
Page 2

Hyndburn Volulltary & Communlty Resource Centre Ltd.
Trustees, Report
Achlevements and performAnct
The principal funding source conlinues to bc rent ree£ived on the hire of hall. The building is still noi being used
to Capacity.
Works on the roof have now been completed and so hope￿IlY all leaks will stop. A new fire alami systern has
been instsllcd and further IT equipment has been purchased and installed to help enhance the training facilities.
In lernis of general up keep. we have now had the windows cleaned every six months. small maintenance work
h&s been completed to irnmprove communal areas; and, we have had the deeorator in to paint out new board
room which fits up to 14 people, we hav¢ hirn booked in again later this year to painl the first-floor landing and
generally rnaintain communal areas.
Activities takins place inLlude'.
Dance Syndrome {Dowms Syndrome Dancers), Red Rose Recovery rnn a craft group one morning, a men8
group and a first aid course open to all. There are also iwo narcotic% groups, Accrington Blind society(they
complete th¢ talking books for the blind, a service that Is a lifeline to many). Furtherniore, there is also a
spirityal awareness group: fire safety training sessions. and. a Warm Space which takes place on a
Friday,Nelson College come four days a week during tcrn) time lo make use of the troining rooms we have sel
and, a new management office was created when ACT left in the previous year from the ftonl receipliort
area.
In the building we still have tenants all of which offer support to the community in various roles,
Fundlng and Grants
We &re hoping io secure funding for solar panels, TRVS for the heating and LED lighting. We have approached
Hyndbum Council for this and they have in theory said this would be possible though this would have to be
legally approved and ¢hecks made before pla¢ernent. All of tbese actions would reduce our oper&ting costs
significantly.
Struetsre? gOVern￿nce And manAgement
The organisation is a charitable company limited by guarantee. incorporplted on 13 July 2004. 11 is governed by
its Articles last revised in 2005. The trustees are in the final stages of converting from a company limiled by
8uarante¢ to a Charitable Incorporated Organisation.
Recrllltment and appolntment of trustees
The Trustees are appointed by existing trustees &8 vacancies arise andlor additional skills arc needcd.
Rlsk Management
The trustees have a duty to identify and revhew the risks to which the ¢harity is exposed and lo ensure
appropriatc controls are in place to provide r¢a50nable agsurance against fraud and error.
Page 3

Hyndburn Voluntary & Communfity Resource Centre Ltd.
Trustees, Report
Small companles provlslon statement
This report has been preparcd in accordance with the small companies Tegime under the Companies Act 2006.
The annual report was approved by tILe truslees of the charity on 29 May 2025 and signed on its behalf by:
R LJI(6VL
Dob
Mr8 P Dobson
TTUStee
Pagc 4

Hyndburn Voluntary & Community Resource Centre Ltd.
Independent Examiner's Report to the trustees of Hyndburn Voluntary & Communlty
Resource Centre Ltd. ('the Compajiy,)
I report to the charity I￿sleeS on rny cxamination of the accounts of the Company for th¢ y¢ar ended 30
September 2024.
RespoDslbllldes and basli of report
As the charity's trustees of the Company {aDd also its directors for the purposes 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 saiisfied myself thai the accounts of ihe Company are not required to be audited under Part 16 of the
2006 Act and &rc cligÈble for independent examination. I rcport in respect of my examination of your charity's
accounts as carricd out wider section 145 of the Charities Act 2011 ('the 2011 Act.). In carying out my
examination I have followcd tbe Directions given by the ChaTity Commission und¢r S￿tion 145(5)(b) of the
2011 Act.
Independent exAmlner'i ita¢emen¢
I h&ve completed my examinaiion. I eonfinn that no matters have come to my attention in Connection with the
examination giving me cause to believe:
accounting records were not kept in respect of Hymdburn Volunlary & Community Resource Centre Ltd.
as required by section 386 of the 2006 Act. or
2. the accounts do not &ccord with those records. or
3. the accounts do not comply the accounting r¢quirem¢nts of section 396 of the 2006 Act other than
any requiremenl that the accowits give a 'true and fair vievl which is not a matter considered as part of an
independent examinAtion' or
4. the accounts have not been prepared in accordance with the method5 and principles of the Statement of
R¢commcndcd Practice for a¢¢ounting and rcporling by charilics lappliL'able to chariliey preparing their
accounts in a¢cordaThce with the Financial Reporting StandaTd &pplicablc in thc UK and Republic of
Ireland (FRS 102)].
T have no concerns and have come across no other mat*rs in connection with the examination to which attention
should be dravm in this report in order to enable a proper understanding of the accounts to bc rcachcd.
Mark H¢a¢on FCCA FCIE DChA
I st Floor, Block C
The Wharf
Manchester koad
Burnley
Iancashire
BBI I IJG
29 May 2025
Page 5

Hyndburn Voluntary & Communlty Resource Centre Ltd.
Statement of Flnancfial Actfivltles for the Year Ended 30 September 2024
Uncluding Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unrestrlcted
funds
Total
21124
Unrestrlcted Restrl¢ted
funds
funds
Total
2023
Note
Income from:
Charitable activities
59.020
59,020
117742
161431
Total income
59,020
59,020
43,689
117,742
161,431
Expendlture on:
Charitsble activities
62,787
62,787
64,477
117.742
182219
Total expendiiure
62,787
64,477
17,742
182,219
Nel ¢xpendiruTe
20,788
Nel movement in funds
(3.7671
{3.767}
(20,788)
(20,788)
Reconclllation of funds
Totsl funds brought
forward
22,098
22.098
42,886
42.886
Total ￿ndS carried
forward
18.331
18,331
22,098
22,098
All of the charity's activities derive from continuin¥ operations during the above two periods,
The funds breakdown for 2023 is shown in note 12.
The notes on pages 8 to 13 forni an integral part of these financial statements.
Page 6

Hyndburn Voluntary & Communfity Resource Centre Ltd.
(Registration number: 05178677)
Balance Sheet as At 30 September 2024
2024
2023
Nott
Flxed ￿Sets
Tangible as8eL8
2,270
1,000
Current assets
Debtors
Cash at bank arjd in hand
10
5.561
6.315
21,632
25,292
Credltors: Amounts fallln% due wlthln one year
{5,571
4,194
Net Current assets
16,061
21,098
Net auets
18,331
22,098
Funds of the th2rlty:
Unrestrftcted Ineome fuods
UnTestri¢ted fvnds
18,331
22,098
TotAI fllndi
12
18.331
22.098
For the financial year endin8 30 September 2024 the charity was enliiled to exemption from audit under section
477 of the Companies Act 2c￿6 relating to Sn￿11 companie8.
Directors, ￿SponsIbl1]I1e8'.
The membcrs h&ve not required the charity to obtsin an audit of ils accounts for Ihc ycat in qucsiion in
accordance wih section 476- and
I'he director.4 acknnwledge iheir respon4ibilitie8 for cornplying with the requirement$ of the Act with respect
to accounting records and the preparation of accounts.
The financial statements on pages 6 to 13 weie approved by the trustees, and &uthorised for issue on 29 May
2025 and signed on their behalf by:
Mrs P Dobson
Trn5t¢e
The noles on pages 8 to 13 forn) aTr integral part of these financial statements.
Page 7

Hyndburn Voluntary & Community Resource Centre Ltd.
Not￿ to the Ffinanclal Statements for the Year Ended 30 September 2024
I Charlty st4tuJ
The Charity 18 limi*d by guarantee, incorporated in England. and ¢onsequenily does not have share capital. Each
of the trllstees is liable to contribulc an amount not exceeding £1 towatds the assets of th¢ Charity in th¢ ¢v¢nl of
liquidrltion,
The address of ils regisiered office is..
St Janr5 Old School
Cannon Street
Accrington
Lancashire
BB5 2ER
These financial stal¢m¢nis w¢r¢ authoris¢d for issu¢ by th¢ tru$t¢e$ on 29 May 2025.
2 Accountlng pollcles
SummAry of Signltleant Ydccountlng pollcles and key aeeoundng e$¢lmat¢$
The principal acwuniing policies applied in the prepaTation of these financial slat¢ii*nis are set out below.
Th¢s¢ policigs have been consistently applied lo all the years presented, unless otherwise sla¢¢d.
Statement of ¢ompllAnee
The financial sthiemenls h&v¢ been prepared in accordance with Accounling and Reporting by Charities..
Staternent of Recommended Practice (applicable to Charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019)
(Chariiies SORP {FRS 1021), the Financial Reportin8 Standard applicable in the UK and Republic of Ireland
(FRS 102) aftd the Companies Act 2006.
Basls of preparatlon
Hyndburn Voluntary & Community Resource Centre Ltd. meets the definition of a public benefit entity under
FRS 102. Assets aiid liabililt¢s are iiiilially recognised al historical cost or transaction value unless oiherwise
statcd in the relevant accounting policy notes.
Going concern
The InLslce8 considcr that there are no material uncertainties about the charity's ability lo conlinue as a going
concern nor any si8nifLcant are&8 of unccrlainty that affect the carrying value of assets h¢ld by the charity.
Income
All income is recognised once the charity has cntitlernent to the income, il is probable that the incorne will be
received and the anK)unl of the income receivable can be measured reliably.
Page 8

Hyndburn Voluntsry & Communlty Resource Centre Ltd.
Notes to the Financial Statements for the Year Ended 30 September 2024
Expendlture
All expenditure 18 recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement is required and the anwunt can b¢ measured reliably. All costs are allocated to the applicabl¢
expcnditure heading that aggrcgate similar costs to thglt catcgory. Where costs cannot be directly attributed to
i)articular headings they have been allocated on a basis consistent with the use of resources. with central staff
costs alloc84tcd on the basis of time spenl and depreciation charges allocated on the portion of the &sset'5 use.
Other support costs are allocated based on the spread of staff costs.
Chorlidble acdvlrfes
Charitable expenditure comprises those Costs incurred by the ch&rity in the delivery of its activities and services
for ILS beneficiaries. It includes both cosls that can bc allocatcd directly to such aclivitics and those costs of an
indirect nature necessary lo support them.
Governance costs
These include the cost$ attributable lo the charity's cornpliance with constitutional and $th￿10ry requirements.
Taxation
The charity is considered to pass the tests sei out in Paragraph I Schedule 6 of the Finance Act 2010 and
thergfore it meets the defmition of a chatitable company for UK corporation tax purposes. Accordinsly. the
charity is Poteniially exempt from thxaiion in respeci of income or capitsl gains received within categories
covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Charg¢able
Gain$ Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tinglble flxed gssets
Individual fixed assels coslin8 £500.00 or rnore are initially recorded at cost, less any subsequent accllrnulated
dcprcciation and subsequcnl accumulated impairmcnt losses.
Depreclation
Dcprcciation is provided on langible fixed &ssets so as to write off the ¢ost or Valuatio￿ less any estimated
residual value. over their expected useful economic life as follows..
Asset cla$$
Plant and equipment
Fixtures &nd fittings
Computer equipment
DepTe¢larfon method and rate
15f*/o per annum reducing balance basis
15D/o per annum reducing balance basis
33Yo per annum on cost
Trade debtors
Trade debiors are amounts duc for 8¢rvic¢s p¢rforn)ed in the ordinary course of business.
Trade creditors
Tr￿e creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from supplieTS. Accounts payable are classified as current liabilities if the charity does not have an
unconditional righL At the end of the reporting period, to defer settlement of the creditor for &t least twelve
Months after the reporting date. If there is an unconditional right ¢0 defer scttlement for at least twelve Months
after the reporting date, they are presented as nott-current liabilitie5.
Page 9

Hyndburn Voluntary & Cornmunflty Resource Centre Ltd.
Notes to the Flnancial Statements for the Year Ended 30 September 2024
Fund structure
Unrestricted income funds are general fijnds that are available for use at the tNstees discretion in furtherance of
Ihe objectives of the charity.
3 Income from charltAble actlvltles
Unrestrlcted
fundg
General
Toial
2024
Totsl
2023
Rents received
Building refurbishmeftt
59,020
59,020
43,689
117,742
59,020
161431
4 Expenditure on charltAble Actlvltles
Ullrestrl¢ted
funds
General
Total
2024
Tutal
2023
Note
Community cenlre expenses
Staff costs
Governanc¢ ¢0gts
36.507
22,346
3.934
36.507
22,346
3,934
153.019
24,425
4.775
62,787
62,787
182.219
5 Analys18 of governance And support Costs
Governance ¢05ts
Unrestricted
funds
General
Total
2024
Total
2023
Independent examinerfs fee
Accountancy fee
Legal fecs
1,500
2,4UO
34
1,5(Kl
2.400
34
1.500
2.375
900
3.934
3,934
4.775
Page 10

Hyndburn VOl￿ntary & Communlty Resource Centre Ltd.
Notes to the Financial Statements for the Year Ended 30 September 2024
6 Tru$tees remullerAtlon And expenses
No Irustces. nor any per50n5 cOnn￿ted with the￿ have received any Temunerrltion from the charity during the
year.
No Inlstees have Teceived any reimbursed expenses or any other benefits from tb¢ charity during the year.
7 St4ff colts
The aggregate payroll costs were a5 follows:
2024
2013
Stgtf cogts durlDg the year were:
Wagcs And &alaTiCS
24.425
The monthly average number of persons (including genior manasem¢nl I leadership team) employed by the
charity duTing the y¢ar <Xpr￿sed as full time equivalents was as follow5.'
2024
2023
No
Administration
No ¢mployee received ernoluments of more than £60,0(X> durin8 the year.
8 T*x*don
Thc charity is a regisiered charity and is therefore exempt from taxalion.
Pagell

Hyndburn Voluntary & Community Resource Centre Ltd.
Notes to the Financial Statements for the Year Ended 30 September 2024
9 T¥4ngible r￿ed assets
Furniture and
equlpment
Total
Cost
At l October 2023
Additions
25.414
3,526
25.414
3,526
At 30 September 2024
28,940
28.940
Deprecladon
At l October 2023
Charge for the year
24,414
2,256
24.414
2.256
At 30 September 2024
26,670
26.670
Net book value
At 30 September 2024
At 30 September 2023
1.000
10 Debtors
2024
2023
Trade debtors
Oiher debtors
5.501
60
6.216
99
5,561
6.315
I Creditors: amounts falling due within one year
2024
2023
Trade creditors
OEhcr taxation and social security
Oiher creditors
Accruals
221
440
3,213
1,697
2.109
363
,722
5,571
4.194
Page 12

Hyndburn Voluntary & Community Resource Centre Ltd.
Notes to the Flnancfial Statements for the Year Ended 30 September 2024
12 Fund$
Bgl%nce at 30
September
2024
BalAnce at I
October 2023
Ineomln2
resources
Resourees
expended
Unrestrleted funds
General
22,098
59.020
62,787
18,331
Bal*net At 30
September
2023
Balance at I
October 2022
Incomlng
resources
Resources
expended
Unrestricted fvnds
General
42,886
43,792
(64,580)
22,098
Restricted funds
117742
117,742
Tot21 fllDdi
182 322
13 An#ly$ls of n¢t al￿ts between fund8
Unrestrlcted
fundi
General
Totsl funds At
30 Septemher
2024
Tangible fixed assets
Curremt ass¢t5
Current liabilities
2,270
21.632
5,571)
2,270
21,632
(5,571
Total net assets
18,331
18.331
Unrestricted
funds
General
Total funds 1¢
30 September
2023
Tangible fixed asseL8
Current assets
cU￿ent liabilities
I,O(K>
25,292
25,292
4,194
Totsl net assets
22,098
22.098
Page 13