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2023-03-31-accounts

REGISTERED COMPANY NUMBER: 05032845 (England and Wales) REGISTERED CHARITY NUMBER: 1120389

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

HARLEY VILLAGE MISSION ROOMS TRUST

Hodgson & Oldfield 20 Paradise Square Sheffield S1 2DE

HARLEY VILLAGE MISSION ROOMS TRUST

CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2023

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6 to 7
Notes to the Financial Statements 8 to 15

HARLEY VILLAGE MISSION ROOMS TRUST (REGISTERED NUMBER: 05032845)

REPORT OF THE TRUSTEES for the Year Ended 31 March 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement 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) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives

The principal activity of the company is to seek to improve amenities and quality of life within the Harley village community through the operation and letting of the Mission Rooms.

The objects are:

Activities and services

The Mission Rooms provide an all encompassing social facility in a safe newly refurbished venue in a small rural village where public transport is totally inadequate. The opportunity to socialise reduces the incidence of isolation and depression in the elderly and increases responsibility and development of the young.

The activities provided include Easter Fair, Christmas Fair, plant sales, concerts, carol and religious services, yoga, fitness classes, dancing, indoor bowling, craft classes, meeting rooms, pop-up police station, health and safety training, NHS outreach clinics, birthday parties and MP and Ward Councillor surgeries.

All activities have been very well patronised and village life is enhanced by these local social provisions.

Public benefit

The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

FINANCIAL REVIEW

Financial position

The surplus for the year was £37,135 (2022: £26,819) with £37,186 relating to unrestricted funds and the balance of £51 on restricted funds having been fully spent. At 31 March 2023, the balance on restricted funds was £nil (2022: £631). unrestricted funds were £118,014 (2022: £80,248) and the free reserves amounted to £95,582 (2022: £78,852).

Reserves policy

It is the policy of the trustees to keep sufficient reserves to enable the charity to fulfil its objects. The level of reserves is consistent with this policy given the level of activity during the year.

Page 1

HARLEY VILLAGE MISSION ROOMS TRUST (REGISTERED NUMBER: 05032845)

REPORT OF THE TRUSTEES for the Year Ended 31 March 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The organisation is a charitable company limited by guarantee, incorporated on 3rd February 2004 and registered as a charity on 1st August 2004. The company was established under a Memorandum of Association which established the objects and powers of a charitable company and is governed under its Articles of Association.

Recruitment and appointment of new trustees

As set out in the Articles of Association the chair of the trustees is nominated and appointed by the existing trustees. The trustees have the power to co-opt further members in order to fulfil specialist roles. All trustees are circulated with invitations to nominate trustees prior to the AGM.

Organisational structure

The charitable company took over all the assets and liabilities of the unincorporated charity known as Harley Village Mission Rooms Trust with effect from 1st April 2004. The company changed its name from The Harley Village Partnership on 25th August 2017.

There are no full-time permanent staff.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.The major risks to which the charity is exposed are conitnually reviewed and systems have been established in order to mitigate these risks.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

05032845 (England and Wales)

Registered Charity number

1120389

Registered office

37 Harley Road Harley Rotherham S62 7UD

Trustees

Mrs C Shaw - Chair A Bell A Hellewell (resigned 15.5.23) A J Negus (resigned 17.5.22) S J Knight

Independent Examiner

Hodgson & Oldfield 20 Paradise Square Sheffield S1 2DE

Page 2

HARLEY VILLAGE MISSION ROOMS TRUST (REGISTERED NUMBER: 05032845)

REPORT OF THE TRUSTEES for the Year Ended 31 March 2023

REFERENCE AND ADMINISTRATIVE DETAILS Bankers

Barclays Bank plc HSBC Bank plc

Approved by order of the board of trustees on 26 January 2024 and signed on its behalf by:

Mrs C Shaw - Trustee

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HARLEY VILLAGE MISSION ROOMS TRUST

Independent examiner's report to the trustees of Harley Village Mission Rooms Trust ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.

Responsibilities and basis of report

As the charity's trustees of the Company (and 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 satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

S Fields

Hodgson & Oldfield 20 Paradise Square Sheffield S1 2DE

26 January 2024

Page 4

HARLEY VILLAGE MISSION ROOMS TRUST

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) for the Year Ended 31 March 2023

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
26,524
Other trading activities
4
25,569
Total
52,093
EXPENDITURE ON
Raising funds
1,769
Charitable activities
Activities of the Mission Rooms
11,097
Other
2,041
Total
14,907
NET INCOME/(EXPENDITURE)
37,186
Transfers between funds
10
580
Net movement in funds
37,766
RECONCILIATION OF FUNDS
Total funds brought forward
80,248
TOTAL FUNDS CARRIED FORWARD
118,014
Restricted
funds
£
1,150
-
1,150
-
1,201
-
1,201
(51)
(580)
(631)
631
-
31.3.23
Total
funds
£
27,674
25,569
53,243
1,769
12,298
2,041
16,108
37,135
-
37,135
80,879
118,014
31.3.22
Total
funds
£
22,450
22,305
44,755
2,856
15,056
24
17,936
26,819
-
26,819
54,060
80,879

The notes form part of these financial statements

Page 5

HARLEY VILLAGE MISSION ROOMS TRUST (REGISTERED NUMBER: 05032845)

BALANCE SHEET 31 March 2023

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
8
22,432
CURRENT ASSETS
Cash at bank and in hand
96,062
CREDITORS
Amounts falling due within one year
9
(480)
NET CURRENT ASSETS
95,582
TOTAL ASSETS LESS CURRENT
LIABILITIES
118,014
NET ASSETS
118,014
FUNDS
10
Unrestricted funds
Restricted funds
TOTAL FUNDS
Restricted
funds
£
-
-
-
-
-
-
31.3.23
Total
funds
£
22,432
96,062
(480)
95,582
118,014
118,014
118,014
-
118,014
31.3.22
Total
funds
£
1,396
80,443
(960)
79,483
80,879
80,879
80,248
631
80,879

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 6

continued...

HARLEY VILLAGE MISSION ROOMS TRUST (REGISTERED NUMBER: 05032845)

BALANCE SHEET - continued 31 March 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 26 January 2024 and were signed on its behalf by:

C Shaw - Trustee

The notes form part of these financial statements

Page 7

HARLEY VILLAGE MISSION ROOMS TRUST

NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Harley Village Mission Rooms Trust is a company limited by guarantee, registered in England and Wales and is a registered charity. The company's registered number, charity registration number and registered office address can be found under the Reference and Administrative details within the Trustees Report. Each member has undertaken to contribute an amount not exceeding £1 in the event of a winding up order.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 20% on reducing balance Fixtures and fittings - 20% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

continued...

Page 8

HARLEY VILLAGE MISSION ROOMS TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued

Fund accounting

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

3. DONATIONS AND LEGACIES

Donations
Grants
Grants received, included in the above, are as follows:
RMBC Ward Councillor
RMBC
Wentworth charity
West Riding Freemasons
4.
OTHER TRADING ACTIVITIES
Rental of Mission Rooms
Harley 100+ Club
Other fundraising activities
5.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets
31.3.23
£
1,524
26,150
27,674
31.3.23
£
-
1,150
25,000
-
26,150
31.3.23
£
12,866
5,756
6,947
25,569
31.3.23
£
2,041
31.3.22
£
1,700
20,750
22,450
31.3.22
£
750
8,000
10,000
2,000
20,750
31.3.22
£
12,963
6,072
3,270
22,305
31.3.22
£
24

continued...

Page 9

HARLEY VILLAGE MISSION ROOMS TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.

7.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
funds
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
19,700
2,750
Other trading activities
22,305
-
Total
42,005
2,750
EXPENDITURE ON
Raising funds
2,856
-
Charitable activities
Activities of the Mission Rooms
13,916
1,140
Other
-
24
Total
16,772
1,164
NET INCOME
25,233
1,586
Transfers between funds
1,396
(1,396)
Net movement in funds
26,629
190
RECONCILIATION OF FUNDS
Total funds brought forward
53,619
441
TOTAL FUNDS CARRIED
FORWARD
80,248
631
Total
funds
£
22,450
22,305
44,755
2,856
15,056
24
17,936
26,819
-
26,819
54,060
80,879

continued...

Page 10

HARLEY VILLAGE MISSION ROOMS TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

8. TANGIBLE FIXED ASSETS

8. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£ £ £
COST
At 1 April 2022 1,420 - 1,420
Additions 1,203 21,874 23,077
At 31 March 2023 2,623 21,874 24,497
DEPRECIATION
At 1 April 2022 24 - 24
Charge for year 395 1,646 2,041
At 31 March 2023 419 1,646 2,065
NET BOOK VALUE
At 31 March 2023 2,204 20,228 22,432
At 31 March 2022 1,396 - 1,396
9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£ £
Accrued expenses 480 960
10. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.4.22 in funds funds 31.3.23
£ £ £ £
Unrestricted funds
General fund 78,852 37,521 - 116,373
Designated funds 1,396 (335) 580 1,641
80,248 37,186 580 118,014
Restricted funds
RMBC Ward Councillor 51 (51) - -
West Riding Freemasons 580 - (580) -
631 (51) (580) -
TOTAL FUNDS 80,879 37,135 - 118,014

continued...

Page 11

HARLEY VILLAGE MISSION ROOMS TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

10. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 52,093 (14,572) 37,521
Designated funds - (335) (335)
52,093 (14,907) 37,186
Restricted funds
RMBC Ward Councillor - (51) (51)
RMBC Events 1,150 (1,150) -
1,150 (1,201) (51)
TOTAL FUNDS 53,243 (16,108) 37,135

Comparatives for movement in funds

Net
Transfers
movement
between
At 1.4.21
in funds
funds
£
£
£
Unrestricted funds
General fund
53,619
25,233
-
Designated funds
-
-
1,396
53,619
25,233
1,396
Restricted funds
RMBC Ward Councillor
441
(390)
-
West Riding Freemasons
-
1,976
(1,396)
441
1,586
(1,396)
TOTAL FUNDS
54,060
26,819
-
At
31.3.22
£
78,852
1,396
80,248
51
580
631
80,879

continued...

Page 12

HARLEY VILLAGE MISSION ROOMS TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

10. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 42,005 (16,772) 25,233
Restricted funds
RMBC Ward Councillor 750 (1,140) (390)
West Riding Freemasons 2,000 (24) 1,976
2,750 (1,164) 1,586
TOTAL FUNDS 44,755 (17,936) 26,819
A current year 12 months and prior year 12 months combined position is as follows:
Net Transfers
movement between At
At 1.4.21 in funds funds 31.3.23
£ £ £ £
Unrestricted funds
General fund 53,619 62,754 - 116,373
Designated funds - (335) 1,976 1,641
53,619 62,419 1,976 118,014
Restricted funds
RMBC Ward Councillor 441 (441) - -
West Riding Freemasons - 1,976 (1,976) -
441 1,535 (1,976) -
TOTAL FUNDS 54,060 63,954 - 118,014

continued...

Page 13

HARLEY VILLAGE MISSION ROOMS TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

10. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 94,098 (31,344) 62,754
Designated funds - (335) (335)
94,098 (31,679) 62,419
Restricted funds
RMBC Ward Councillor 750 (1,191) (441)
West Riding Freemasons 2,000 (24) 1,976
RMBC Events 1,150 (1,150) -
3,900 (2,365) 1,535
TOTAL FUNDS 97,998 (34,044) 63,954

Unrestricted Funds

These are expended at the discretion of the trustees to meet the general objectives of the charitable company.

Designated Funds

These represent monies where fixed assets have been purchased from a restricted fund but are not restricted assets. As such, the net book value of the assets have been transferred to unrestricted funds and designated as fixed assets to match against future depreciation.

Restricted Funds

Rotherham Borough Council Ward Councillor - a restricted grant towards the cost of a car park and a further grant to purchase a defibrillator.

West Riding Freemasons - a restricted grant to purchase bowling equipment.

RMBC events - restricted grants from Rotherham Borough Council specifically to be used for community events.

continued...

Page 14

HARLEY VILLAGE MISSION ROOMS TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2023.

Page 15