SALTBURN COMMUNITY AND ARTS ASSOLIATION Acom an limited b Guarantee REGISTERED CHARITY NUMBER: 1113704 COMPANY NUMBER: 5719152 FINANCIAL ACCOUNTS FOR THE PERIOD ENDING 31ST MARCH 2025 DRAYcorr & KIRK LLP CHARTERED ACCOUNTANTS 92 Westgate Guisborough Cleveland TS14 6AP
SALTBLIRN COMMUNITY AND ARTS ASSOCIATION CHARITY INFORMATION AS AT 31 MARCH 2025 Add* Saltbum Communty Centre A]bion Terrace SaltbuTn by the Sea TS12 1JW HSBC 94 East Street Chichester P019 1HD Accountants Draycott & Kirk LLP Chartered Certified Accountants Cleveland House 92 Weslgate Guisborough CLEVELAND TS14 6AP Rog. Charity No. 1113704 Company number 5719152 Page 1
SALTBURN COMMUNITY AND ARTS ASSOCIATION TRUSTEES ANNUAL REPORT FOR THE PERIOD 1ST APRIL 2024 TO 31 MARCH 2025 Names of Charity trustees (who are also directors) who manage the charty PAUL PHILLIP CHAPPELL FIONA HALEY NOVA DENISE MORGAN-WOODS JAMES WILLIAM HOPPER JOHN TILLEY PETER JOHN MARTIN RICHARD DREXAL PARKER ALISON MARY SMITH PHILIP GORDON THOMSON KENNETH LESLIE BLADEN AMANDA COLES CHARLOThE FLORENCE NICOL PAUL DAVID BRADBURY Governing document: Memorandum of Association of Saltbum Community & Arts Association Articles of Association of Saltburn Community & Arts Association Trustee selection methods: Election at a General Meeting Co-option by the Association Board Objectives and actlvities To provide facilities in the interest of social welfare for recreation and leisure To promote, maintain, improve and advance education by the encouragement of the arts. To maintain and manage the Community and Arts Centre Summary of the main activitles to further the charitys purpose for thé Public beneflt. The trustees have had regard to CCICCNI guidance on public benefit. Organising events of an educational and artistic nature Making facilities available for User Groups and individuals to promote activities within the community. Maintaining the buildings of the Centre for community use Attracting additional volunteers continues to be sought. SC&AA policies have been reviewed and will continue to be refreshed. Page 2a
SAL"fBURN COMMUNITY AND ARTS ASSOCIATION TR'JSTEES ANNUAL REPORT FOR THE PERIOD 1ST APRIL 2024 TO 31 MARCH 2025 Achievements and perfomiance A new bank account with HSEIC was finally able to be opened followFng the unjustified closure of the previous account with Barclays. This has caused considerable difficulties for operating the Centre. Fund raising has been compri)mised. Cash flow has been adversel), affected without conventional banking facilities. Despite these constraints the Association has continued to operate. Flnancial review The unjustified closure of the )ank account by Barclays continued to place considerable demands upon staff and volunteers in r¥ianaging finances. Panding the securing of an allernative banking facility, loans were arranged to fund on going expenditure and provide for the financial operation of the Centre. Progressing of Gift Aid reclarration reCoMmend wth a view to reclaiming all entitlements. The major appeal launched to support the negative cash position recommenced. The ability to apply for grant <upport was compromised by lack of a banking facility. Staffing changes resulted in cl reduction of employees. The report has been prepared in accordan with the Statement of Recommended Practice: Accounting and reporting by C harities and in accordan with the special provisions of part 15 of the companies act 2006 relatiiig to small companies. The trustees declare they have approved the trustees. report above. Signed on behalf of the chai'itys trustees Signature Full Name Paul Philli Chappell Position Chair Dated Page 2b
Independent Examinerfs Report to the Trustees of Saltburn Community and Arts Association I report on the accounts of the company for the year ended 3113125 which are set out ijn pagas 4 to 6 Respectlve responsibilities of trustees and examlner The truslees (who are also the directors of the cnmpany for the purposes of company law) are responsible for the preparation of the accounts. The trustees wnsider that an audit is not qUired for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is need Jd Having satisfied myself that the charity is not subject to audit under company law anj is eligible for independent examination, it is my responsibility to.. examine the accounts under section 145 of the 2011 Act: follow the procedures laid down in the general Direclions given by the Charity Commission under section 145(5)(b) of the 2011 Ac( and state whether particular matters have me to my attention. Basis of independont examinerfs report My examination was carried out in acwrdance wtth the general Directions given by tie Charity Commission. An examination includes a review of the accounting records kept by the charity and a MparisOn of the accounts Pfesented wilh those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees conceming any such rnatters. The pr)cedures undertaken do not provide all Ihe evidence that would be required in an audit and consequently no opini£Jn is given as to whether the accounts present a Irue and fair Vie and the report is limtted to those matters set oJt in the ststemenl below. Independent examinerfs statement In connection with my examinalion. no matter has come to my attention: which gives me reasonable cause to believe that, in any material respect, the iequirernents: to keep accounting rerdS in accordance Vth section 386 of the ComFanies Act 2006; and lo prepare accounts which accord the accounting records. comply with the accounting requiremenls of section 396 of the Companies 2006 and with the ryiethods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have nol been met. or to which. in my opinion, attention should be drawn in order to enable a proper uiderstanding ofthe accounts to be reached. The Financial Statements have been prepared on a going concem basis. Shoijld a significanl liabilty arise as outlined in note 9 to the Financial Statements (Contingent Liability) the figLres would require an amendment which may question the going COnM basis. R Kirk -11/0 Draycott & Kirk LLP Cleveland House 92 Westgatè Guisborough TSI18BP Date Page 3
SALTBUIIN COMMUNiff AND ARTS ASSOCIATION ststement of Flnan¢i al Activitles includin Income & Ex l-or the Year Ended 31 Mar¢h 2025 ndlture Account Note Unrestricted Restricted Funds Funds Total Fun(ts Incomin Resources 3110312024 Events Income Theatre Hire Grants Donations Hall Hire Meeting room hire Other hire Fundraising Bar sales Beer Festival Sundry income Brochure adverts Membership fees Totsl Incomin Resources 25.974 15.313 25,974 15.313 893 1.329 12.675 7.099 36,463 10.215 1.050 459 10,924 2.201 893 1,329 12.675 7.099 4.072 3,156 36,514 li 4.072 3,156 36,514 11.492 1,214 324 900 4,301 6.229 31,626 10,370 2.120 2.620 1,546 11.492 1.214 324 108.570 12.385 120.955 120,124 enditure Direct charltablg expendlture Cost of events Stock write offlbar purchase Beer Festival Purchases Utilities & telecoms Wages Support sejvices Posl & stationery Repairs & renewals Cleaning Sundry expenses LiCenS Markeling Insurance Independanl examiner Bank charges Total Ex enditure 16.441 16.278 1.096 17.537 16,278 6,482 12.337 29,063 2.272 396 6,204 3.094 310 2.352 3,833 5,776 960 692 22.946 12.710 7.120 20,276 38.082 1,925 696 12.934 2.254 216 2,703 3,793 6,685 960 1,024 134,324 6.482 12.337 29.063 2.272 396 5.311 3,094 310 2,352 3.833 5.776 960 692 893 99,115 8.471 107,586 Transfers between funds 5.010 (5,010) (1.096) 2,678 Not Incomingl(Outgoingl Resourc•s Total funds brought forward Total funds carrled forward 14,465 13,369 7.222 {14.2001 21.422 19.009 1,582 20.591 7,222 Pa9e 4
SALTBURN COMMUNITY AND ARTS ASSOCIATION COMPANY NUMBER 5719152 BALANCE SHEET AS AT 31 MARCH 2025 NOTE 2025 2024 CURRENT sET Stock Debtors & Prep8yments Bank Accounts Cash In Hand 1.117 4.475 16.851 469 1.012 7.495 43,879 2,680 22,912 55.066 22.912 55.066 CURRENT LIABILITIES: ble wlthln 1 Trade creditors & aralS 2.321 47,844 NET ASSETS 20.591 7,222 FUNDS Unrestricted Funds Restricted Funds 19,009 1,582 2,678 20.591 7,222 The directors a satisfied that the company was ented to exemption from audit urbts section 47T of the Companies act 2006 relating lo small companies. Directors responsibilities= 1) The members have not required the company to obtsin an audit of its accounts for th& year in question in accordance wth section 476: 21 The directors aCknedge their reSnSibIlitieS for complwng the requirements of the Ad with respect to accounting records and the preparalion of accounts. The financial 5talem8nts have Lwn prepared in aecordanc8 Wth the pmisions of the Compani88 Nct 2006 relating to small companies. Thesa Financial Statements were approved by the Directors on Signed Printed .Paul Phillip Chappell................................. Page 5
SAI_TBURN COMMUNI AND ARTS ASSOCIATION Notes to the Accounts for the eriod ended 31 st March 2025 1. General Infomiation and basis of aration The Charity is a private conpany Limited by Guarentee incorporated in England and Wales. lis registered office is disclosed on page 1. The charity constitutes a piiblic benefft entity as defined by FRS 102. The financial slatements have been prepared in accordan-e Accounting and Reporting by Charities.. Stament of Recommended practice applicable to chari-.ies preparing their accounts in accordan¢e with the Financial Reporting Star>dard applicable in the JK and Republic of Ireland IFRS 102) issued on 16 July 2014 (as updated through updale bulletin 1 p'jblish on 2 February 2016). the Financial Reporting Standards applicable in the United Kingdom and Republic of Ireland (FRS 102) and UK Generally accepted practice as it applies from 1 January 2015. The charity has applied upilate bullets'n 1 as published on 2 February 2016 and does not includ8 a cash flow statement on the grounds it is applying FRS 102 Section 1A. The Financial stalements are prepared on a going concern basis under the historical cost convention. The Financial slalements are presented in sterfing which is the functional CuencY of the charity and rounded to the nearest pound. The significant accounting i)olicVs applied in the preparation of the financial statements are set out below. These policies have been cpplied to all years shown unless otherwise stated. Funds Unreslricted funds are avai,able for use al the discretion of the trustees in fijrtherance of the general objectives of the Charity anil which have not been designated for other purposes. Restricled funds are funds 'Nhich are to be used in accordance with specific reslriclions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administrating such funds 47re charged against the specific fund. The aim and use of each restricled fund is set out in the notes -.o the accounts. All granls and voluntsry inc.)me are accounted for gross when receivable. as long as they are capable of financial measurement. (Jifts in kind have not been capable of measurement and are not included. All expenditure is accounte(J for gross. and when incurred. It is the Charites policy to o ily capitalise assets at a cost of £500 or over. Stock is valued at th8 lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Debtors and creditors with rio stated interest rate and reFVable or payable vrithin one year are r8corded at transaction price. Any lo¢s8s arising from impaiment are recognised in expenditure. 2 Grants Re¢oivable 3110312025 3110312024 SMNMPC 893 1,050 893 1,050 Page 6a
TBURN OMMUNrrY AND ARTS ASSOCIATION s to Iho Accounts for tho rlod •nded 318t March 202$ 3 Fund8 Transfer Ir1)N[J b8knn OulWiN4 Cioslr¥ Unr¢stri¢t•d fvnds 108,570 5,010 99.115 19.009 Restri¢t•d funds Film Hub Resilier Fund 1.Th)3 16321 371 SMNM Pansh 18931 Cwp- Performan£% FuThffing 1,675 14641 1.211 Beer Festival dl 11,492 15.0101 16.4821 2.678 12,385 1.582 al Funding to suprNJrt the film scxeentng prcgrarn8. bl Funding t¢ard paIrS and renwb. cl Funding toward5 the cos¢ of activiiEs for bcal chiktren. dl 8eerfe5twal profrts are transferred to unres1ri(#eil funds on of tha f&th. Do#lgnatsd fund¥ 4 Anaty#i¥ of fund¥ by assgts Total Current assats Current liabilits-88 21.330 .321 19.009 22.912 .321 20.591 5 Trnnsa¢tlons trustso's and ¢onnected al Trustees have k)aried £54891£27.456 in 20241 tharity. al nv)nie8 paid bx duriThJ the year bl The nIeS hehy in trust bylhe trustees at the 51art of Ihe Jvr has f1&n pJ bnto Iha charity bank aoXnt. e Tru8t••8 Ouriro the year. Th) inSurar6 was PUTtha8eJ to 1ndernnttytrtee5 aart detsutt thr pa No remuneration or expanses was pald to TnL%ts8S. 7 Em 311 Arts and Educaih)n C6ntre Manag8ment C8ntrg Cleaner 16,922 14.656 6.504 38.082 20.760 7,735 The Gharity empbyed tm) part tirne stsff . No membprs of$taff remunèration ofgrea18rthen £eo.(xx). 8 Control The cornpany 15 underthe c¥)ntrd of the diTe()rs. 2 Contin ènt Liabil. The aswaalion has a Yull rewriTrJ on thè pr•mise8 atAbth Terrace. Tha TnBle85 CCnSKlerth8t there M049 a signthLxnl L¥)5t to meet Ihe lgrrns of the kn86. 10 Related artl There no rekted partytran5action5. Page 6b