## The Thornton & Allerton Community Association Limited
Charity number 1122128
A company limited by guarantee number 06342828
## Annual Report and Financial Statements
for the year ended 31 March 2022
The Thornton & Allerton Community Association Limited
Annual Report and Financial Statements for the year ended 31 March 2022
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 7|
|Examiner's report|8|
|Statement of financial activities|9|
|Balance sheet|10|
|Statement of cash flows|11|
|Notes to the accounts|12 to 17|
## **Prepared by West Yorkshire Community Accountancy Service CIO**
1
## The Thornton & Allerton Community Association Limited Trustees' report for the year ended 31 March 2022
## **Reference and administrative details of the charity, its trustees and advisors**
The trustees during the financial year and up to and including the date the report was approved were: **Name Position Dates**
Rosalind Freeman Chair Dominic Sheard Stephen McCabe Treasurer Michael Finkill Timothy Spencer Kirsty Young Adam Roe Mazhar Ellahi Molly Jewitt
Resigned 7 April 2021 Resigned 1 March 2022
Appointed 27 October 2021 Appointed 5 January 2022
**Charity number** 1122128 **Company number** 06342828 **Registered and principal address Bankers**
Registered in England and Wales Registered in England and Wales
South Square Centre Barclays South Square 1 Churchill Place Thornton London Bradford BD13 3LD E14 5HP
## **Independent examiner**
Rhys North ACA Stringer House 34 Lupton Street Leeds LS10 2QW
## **West Yorkshire Community Accountancy Service CIO**
## **Structure, governance and management**
The charity is a company limited by guarantee and was incorporated on 14 August 2007. It is governed by a memorandum and articles of association. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £10.
## **Method of recruitment and appointment of trustees**
The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.
2
## The Thornton & Allerton Community Association Limited
## Trustees' report (continued) for the year ended 31 March 2022
## **Objectives and activities**
## **The charity's objects**
To promote any charitable purposes for the benefit of the inhabitants of Thornton and Allerton and neighbourhood without distinction of sex or of political, religious or other opinions by in particular by associating the local authorities, voluntary organisations and inhabitants in a common effort to advance education and to provide facilities in the interest of social welfare for recreation and other leisure-time occupation with the object of improving the conditions of life for the said inhabitants.
## **Public benefit statement**
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit.
## **Achievements and performance**
## **Capital Works Completion and Access Improvements**
The first quarter of the year saw the completion of South Square's renovation. The refurbishment of the roof, windows, brickwork, introduction of new electrics and fire safety of the east wing were completed, to ensure our Grade II listed set of 12 workers cottages is fit for the 21st Century. This extensive renovation was kindly supported by National Heritage Lottery Fund, Garfield Weston Foundation, Arts Council England, The Swire Charitable Trust and Sylvia Waddilove.
We also introduced 99 secondary glazing units across all community and tenanted spaces. This has provided essential insulation for the centre and made it much more energy efficient. Together with the double layer of Kingspan insulation in the roof, the new windows have drastically reduced the time it takes us to heat building. Before the works, it could take over 6 hours and now it takes just 15 minutes! The secondary glazing was made possible by Cooperative, Awards for All National Lottery funding and Sir George Martin Trust. An additional unexpected benefit of the works is the they have reduced noise from the busy main road, which has had a positive impact on activities; mindfulness and yoga classes especially. The fire compartmentation has also reduced sound bleed between the different spaces in the centre making it possible to now run multiple activities simultaneously. Additional damp proofing, drainage channels, ventilation and wall panels have been put in place in basement studios. Finally we received funding from Leeds City Region to introduce fibre broadband to every space increasing download speeds from 13MB to 300MB. This means that South Square can now accommodate more technically minded groups and tenants. All of this has dramatically improved the sustainability of the centre
Between October 2021 and March 2022 we have also made some key access improvements, including reconfiguring the centre’s toilets to introduce a disabled, ambulant and family baby change toilets as well as dropped curbs and blister paving. There is now an external stone ramp with railings which are in keeping with the character of the historic courtyard, providing level access both to the toilets and to the bar. This has enabled us to open up a ground floor gallery space which is much more visible and welcoming. This work was completed on 18th March and is already successfully attracting passers-by and people who have not been able to visit the gallery space before.
In order to test out the new facilities we invited a local resident and wheel chair user to come to South Square. He has participated in South Square's outreach activities having previously not been able to visit the Centre. Currently the Coop is the only place with disabled access in Thornton. So it is transformational that now our vegetarian cafe, gallery/activities space, bar and toilets are now all level access that can accommodate turning circle space for even large motorised wheelchairs.
We have also improved our outdoor spaces, introducing new seating and covered areas in our garden and courtyard to encourage people who might be hesitant to socialise and join in activities. There are new planting beds with a range of local plants as well as smoother pathways, parasols and a gazebo for group activities. It has been fantastic to see people reconnect and meet strangers whilst participating in creative and wellbeing activities outdoors.
3
## The Thornton & Allerton Community Association Limited
## Trustees' report (continued) for the year ended 31 March 2022
## **Achievements and performance continued**
We hosted a series of volunteers days with neighbours, local residents and students from Bradford College to help get the centre, the galleries and the garden up and running following both rounds of building works. We are very thankful for the 272 volunteer hours contributed to make the place as tidy and welcoming as possible.
## **Skills Development / Sharing Learning**
The Community Asset Transfer of the building and it’s refurbishment have facilitated a massive learning curve for the organisation and we have been keen to share our learning. Centre Director Yvonne Carmichael has delivered talks for Thornton Antiquarian Society members, University of Leeds students, as part of East Street Arts Guild Programme and as a mentor on Cittadellarte Fondazione Pistoletto’s international residency programme entitled Tools and Technologies for Embedded in a Post-pandemic Future (Biella, Italy).
Prior to the accessibility works the staff, volunteer and associate artists participated in neurodiversity training with diverse learners. We also worked with David Burdus Associates to review way finding, our exhibitions policy and capital works specification for the contractors. The contractor delivering the building works, Dobsons Construction Ltd from Ilkley, also offered a limestone mortar training day for volunteers and staff to complete the final sections of South Square’s brickwork conservation.
We have mentored two 6 month paid trainees with Skillshouse and national Kickstarter scheme for 16-24 year olds in receipt of Universal Credit. The first trainee successfully re-enrolled on an arts course at university. Their time at South Square helped to boost their confidence and develop strategies for working with neuro-diversity and dyslexia. Our second trainee is a part one architecture graduate, during their traineeship they were mentored by Bauman Lyons architects and the staff team to support the latest phase of capital works. They have now secured a junior position at an established firm of conservation architects in Manchester.
Chloe Moreton was appointed as our first Heritage Activities Trainee in May 2020. Since then she has dramatically developed her skills and this year has stepped up to take on the coordination of outreach activities including working with schools, care homes, coordinating the cafe exhibition programme and project marketing. Chloe proposed and delivered packs for homeschooling families as part of Bradford Council’s Response II programme, these were distributed via food parcels arrange by Thornton Community Centre. She curated her first exhibition ‘Remedy and Resilience’ with 5 commissions in response to artefacts selection from Thornton Antiquarian Societies Archive. Artworks including fine art textiles by Bradford College student Martha Madden, a horrible histories style illustration by graphic designer Gaz Roberts, large scale Cyanotypes by Jenny Dalby and collage by local artist Ian Tothill. She is currently delivering a photography publication and exhibition International Women’s day in partnership with Cafe West in Allerton.
## **New Team Members**
Yvonne Carmichael has handed over her position as Centre Director to Florence Hoy. Florence will lead the organisation through this next exciting phase. There has been a month long handover (until 1 April) between Yvonne and Florence to ensure the continued smooth running of the centre and its various projects. Florence was previously Director at The Craft Centre in Leeds. She has a wealth of experience in participation, engagement and interpretation and is currently undertaking an MA in curating to further this knowledge.
The Board is also pleased to welcome two new members Mazhar Ellahi and Molly Jewitt. Mazhar has a background in finance having worked for the BBC in London, The Halifax, Jewsons and Magnet. In the last ten years he has developed a number of social enterprises working primarily with older people around issues dealing with isolation, loneliness and dementia including Green Communities Network and Bradford Community Cinemas (in partnership with Bradford’s Unesco City of Film). He is also currently the manager of the Lidget Green Healthy Living centre.
Molly is a freelance communications advisor for third, public and arts organisations. She set up her company, Gro Communications in August 2020 and has supported several businesses regionally and nationally to improve their communication and marketing strategies. Molly also piloted a community arts project, which engaged with local people and local artists in the Lower Grange area to co-create permanent art within the locality. This prompted further exploration into community engagement and community development.
4
## The Thornton & Allerton Community Association Limited
## Trustees' report (continued) for the year ended 31 March 2022
## **Achievements and performance continued**
## **Programme and Activities**
In April 2021 we launched Echoes of Thornton, a self guided QR trail of the village; we worked with artist Lucy Barker and oral history volunteers to create short videos with recordings of former South Square residents and animations to accompany them. With covid still present and daily walks part of people’s routine, this outdoor activity was very well received by local people and we distributed over 500 tour maps. We have also delivered workshops with 270 school children from Beckfoot Thornton to each create a cyanotype artwork inspired by the new Blue which was installed on the Bronte Birthplace in Thornton last summer. These artworks will form a public arts trail which will be launched in May 2022.
At the tail end of the building works we installed a bat box in the shape of a miniature Bronte birthplace for our resident bats who we have named Anne, Emily and Charlotte. This has helped to highlight Thornton as the birthplace of the Brontë sisters and was covered in Yorkshire Post, BBC website, Telegraph and Argus as well as in local press.
In June we hosted the grand re-opening of the centre with 8 building tours for tenants, users, local residents, stakeholders, funders and Friends of South Square Gallery. The opening exhibition Ship Shape curated by Programme Manager Alice Withers was of two halves exploring the history of South Square as houses with a 1970s living room installation, oral history recordings and archive photographs. The display also highlighted the history of South Square Centre as an arts centre focussing on the fancy dress party and festival events in 1980s with large scale props and artist interviews.
We are also part of Summer Unlocked, Bradford Council’s programme to encourage people to participate in activities post-pandemic. ‘Titanic Re-launched’ was inspired by the first event at South Square following its conversion from workers cottages to the arts centre we have today. We worked with Bradford-based company Raven Staging to recreate props for both the inside and outside spaces inspired by the original 1980s events. This included a lighthouse around the courtyards historic lamppost, a ships wheel at the front of the centre, a boat sinking into the woodchip in the garden and a seaside-style photo board using an archive photo from the original party. We commissioned Bradford College tutors Becky Truman and Rachel Hyde to work with students to re-create party costumes including featuring a lobster, sweetcorn, steak, fish and chef. The were worn at a summer event and also documented by photographer Karol Wyszynski. The large scale outdoor works were fun and colourful, highlighting a little known part of South Square’s beginnings. The installation attracted over 2,000 visitors over the summer
In tandem with the exhibitions, South Square hosted a full free creative season of workshops for 358 participants in the garden, courtyard and community spaces. These included Salma Panels’ plaster carving, Beryl Robinson’s ‘Make Your Own Ugly Mug’, Clare Carter’s Lino printing and Robyn Nichol’s archive image embroidery.
We built on the success of Winter Windows event with a third edition. There were 51 participating houses, organisations and businesses. Thanks to a grant from the West Yorkshire Combined Authority we were able to create 225 laser cut ‘stained glass’ activity kits featuring Thornton’s 20 arch viaduct and Chellow Dean reservoir, to distribute to participants and audiences in Thornton and Allerton. We commissioned emerging artist Ellie More to create an LED-lit 6ft stained glass piece based on the viaduct, for public display in South Square’s garden.
We have continued our commitment and outreach work with older people who might be unable to visit the centre at Headrow Court, Dementia Care Home Rose Cottage and Thornfield Hall. This has included sensory and reminiscence workshops, activity pack deliveries and garden gigs with local musicians including Gerrard Bell-Fife, Magpahi, Dean McPhee and Bella Gaffney. This work has been made possible by three years of support from The Brelms Trust CIO.
In March 2022 we piloted our first Energy Saving day working in partnership with Yorkshire Energy Doctor CIC and South Square tenants Green Communities Network. This included workshops, 1 to 1 tutorials and even a ‘Play Your Cards Right energy gameshow’ for tenants, users and local residents. Energy has become a very urgent issue for South Square, for tenants and residents particularly with other rises in the cost of living. We hope to build on this environmentally focussed strand of work over the coming year.
5
## The Thornton & Allerton Community Association Limited
## Trustees' report (continued) for the year ended 31 March 2022
## **Achievements and performance continued**
New groups using the centre include weekly men’s and women’s ‘It’s Worth Talking About Mental Health Groups’, monthly Collage Club and Life Drawing classes. Existing groups have re-started sessions including Beginners Yoga, Knit and Natter and Thornton Banner Group. Sapgate gardens have hosted a series of fortnightly talks with topics ranging from Bradford City Centre’s Regeneration to dry stone walling and beekeeping. We also have bookings for family events including a 100th birthday of local care home resident, a wake and a baby shower. We have also hosted consultation for Bradford’s heritage action zone planning, Bradford City of Culture 2025s two day visioning workshop, Bronte themed play Unquiet Slumbers as well as the launch of Bradford’s new ‘Culture is our Plan’ 10 year strategy.
The new range of partnerships and users and expanded programme show how South Square is both embedded in its locale and connected in with the wider district cultural conversation.
## **Financial review**
The net expenditure for the year was £67,790, including net income of £13,390 on unrestricted funds and net expenditure of £81,180 on restricted funds, after transfers.
## **Reserves policy**
The charity's free reserves, excluding fixed assets, at the year end were £80,712.
The Board of Trustees has established a policy whereby the charity aims to have unrestricted reserves that would be sufficient to cover six months expenditure, redundancy costs for employed staff and enable the retention of £10,000 as a sinking fund for the building. As at 31 March 2022 this equates to £87,000.
At the time of signing these accounts the charity has continued to be impacted by the global Covid-19 virus. The trustees have reassessed the charity’s ability to continue for at least 12 months from the date that the accounts are approved and conclude that no material uncertainties exist that cast significant doubt on the charity’s ability to continue as a going concern.
6
## The Thornton & Allerton Community Association Limited Trustees' report (continued) for the year ended 31 March 2022
## **Statement of trustees' responsibilities**
The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.
Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.
Signed on behalf of the board of trustees on 29/6/2022
Rosalind Freeman (Trustee)
7
## The Thornton & Allerton Community Association Limited
## Independent examiner's report to the trustees of The Thornton & Allerton Community Association Limited
I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2022, which are set out on pages 9 to 17.
## **Responsibilities and basis of report**
As the charity's trustees of the charitable 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 charitable 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 ('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**
Since the charitable company's gross income exceeded £250,000 your examiner must be a fellow of a body listed in section 145 of the 2011 Act.
I confirm that I am qualified to undertake the examination because I am a fellow of ICAEW which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 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.
Rhys North ACA
5/7/2022
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
8
## The Thornton & Allerton Community Association Limited Statement of Financial Activities
## (including summary income and expenditure account) for the year ended 31 March 2022
|Notes
2022
Unrestricted
funds
£
**Income from:**
Grants and donations
(2)
20,807
Rents and bookings
36,412
Fundraising and other income
5,816
Gallery, workshop income and sales
4,066
Bank interest
1
**Total income**
67,102
**Expenditure on:**
Salaries and NI
(3)
26,795
Payroll charges
767
Rent, rates and water
1,268
Light and heat
8,463
Property maintenance, cleaning and repairs
4,689
Advertising, publicity and marketing
425
Events and activities
416
Artists fees and commissions
1,902
Insurance
4,129
Independent examiner fee
1,440
Sundries and other office costs
251
Telephone and internet
425
Professional fees and consultancy
409
Building contractors
2,173
Volunteer expenses and support
255
Licencing and subscriptions
1,012
Project costs
1,367
Depreciation
3,043
Interest payable
687
**Total expenditure**
59,916
**Net income / (expenditure)**
7,186
**Transfers between funds**
6,204
**Net movement in funds**
13,390
**Fund balances brought forward**
72,843
**Fund balances carried forward**
(4)
86,233|2022
Restricted
funds
£
327,248
-
4,440
-
-
331,688
56,011
288
-
7,500
3,506
9,547
150
9,713
-
-
2
-
32,665
253,808
1,755
196
15,551
15,972
-
406,664
(74,976)
(6,204)
(81,180)
263,346
182,166|2022
Total
funds
£
348,055
36,412
10,256
4,066
1
398,790
82,806
1,055
1,268
15,963
8,195
9,972
566
11,615
4,129
1,440
253
425
33,074
255,981
2,010
1,208
16,918
19,015
687
466,580
(67,790)
-
(67,790)
336,189
268,399|2021
Total
funds
£
613,970
14,991
3,622
1,300
106
633,989
63,706
979
847
8,323
6,626
5,517
118
8,419
4,138
840
119
2,703
78,733
279,690
252
528
12,053
17,524
-
491,115
142,874
-
142,874
193,315
336,189|
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
9
## The Thornton & Allerton Community Association Limited
## Balance sheet
|as at 31 March 2022
2022
Unrestricted
£
**Fixed assets**
Tangible assets
(5)
5,521
**Total fixed assets**
5,521
**Current assets**
Debtors and prepayments
(6)
1,348
Cash at bank
127,572
**Total current assets**
128,920
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(7)
14,041
**Total current liabilities**
14,041
**Net current assets / (liabilities)**
114,879
**Total assets less current liabilities**
120,400
**Creditors: amounts falling due after one year**
(8)
34,167
**Net assets**
86,233
**Funds**
Unrestricted funds
86,233
Restricted funds
-
**Total funds**
86,233|2022
Restricted
£
127,393
127,393
43,578
13,601
57,179
2,406
2,406
54,773
182,166
-
182,166
-
182,166
182,166|2022
Total
£
132,914
132,914
44,926
141,173
186,099
16,447
16,447
169,652
302,566
34,167
268,399
86,233
182,166
268,399|2021
Total
£
148,015
148,015
136,885
280,156
417,041
188,867
188,867
228,174
376,189
40,000
336,189
72,843
263,346
336,189|
|---|---|---|---|
For the year ending 31 March 2022 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).
The financial statements were approved by the board of trustees on 29/6/2022
Rosalind Freeman (Trustee)
10
## The Thornton & Allerton Community Association Limited Statement of cash flows
## for the year ended 31 March 2022
|**Cash flows from operating activities:**
**Net cash provided by (used in) operating activities**
**Cash flows from investing activities:**
Dividends and interest
Proceeds of sale of assets
(Purchase of tangible fixed assets)
**Net cash provided by (used in) investing activities**
**Cash flows from financing activities:**
Repayments on borrowing
Cash inflows from new borrowing
**Net cash provided by (used in) financing activities**
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
**Cash and cash equivalents at the end of the reporting period**
Adjustments for:
Depreciation charges
(Dividends and interest from investments)
Loss / (profit) on sale of fixed assets
(Increase) / decrease in debtors
Increase / (decrease) in creditors
**Net cash provided by (used in) operating activities**
**Analysis of cash and cash equivalents**
Cash at bank
**Total cash and cash equivalents**
**Reconciliation of net movement in funds to net cash flow**
**from operating activities**
Net movement in funds for the reporting period (as per the
statement of financial activities)
Cash in hand|2022
£
(129,237)
1
-
(3,914)
(3,913)
-
-
-
(133,150)
280,156
147,006
2022
£
(67,790)
19,015
(1)
-
91,959
(172,420)
(129,237)
2022
£
141,173
-
141,173|2021
£
202,574
106
-
(162,137)
(162,031)
-
50,000
50,000
90,543
189,613
280,156
2021
£
142,874
17,524
(106)
-
(131,172)
173,454
202,574
2021
£
280,156
-
280,156|
|---|---|---|
11
## The Thornton & Allerton Community Association Limited Notes to the accounts
## for the year ended 31 March 2022
## **1 Accounting policies**
## **Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by 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) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.
## **Going concern**
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
## **Incoming resources**
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
## **Grants and donations**
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
## **Expenditure and liabilities**
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
## **Taxation**
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **Tangible fixed assets**
Tangible fixed assets costing more than £1,000 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Alterations to Leasehold Property: over 10 years Office Equipment: over 4 years
## **Pensions**
The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.
12
## The Thornton & Allerton Community Association Limited Notes to the accounts continued
for the year ended 31 March 2022
## **1 Accounting policies continued**
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
## **Leases**
Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.
|**2 Grants and donations**
National Heritage Lottery Fund
Bradford Metropolitan District Council (BDMC)
The Brelms Trust CIO
Co-operative Society
Sir George Martin
Bradford VCS
Arts Council England (ACE)
HMRC Job Retention Scheme
National Lottery Awards for All
Other donations
**3 Staff costs and numbers**
Gross salaries
Social security costs
Employment allowance
Pensions|2022
Unrestricted
funds
£
-
19,317
-
-
-
-
-
-
-
1,490
20,807|2022
Restricted
funds
£
206,290
113,071
3,500
2,037
2,000
350
-
-
-
-
327,248|2022
Total
funds
£
206,290
132,388
3,500
2,037
2,000
350
-
-
-
1,490
348,055
2022
£
80,823
4,892
(4,000)
1,091
82,806|2021
Total
funds
£
293,639
69,391
5,000
12,369
-
1,000
218,578
2,874
9,964
1,155
613,970
2021
£
62,686
3,986
(3,986)
1,020
63,706|
|---|---|---|---|---|
The average number of employees during the year was 6, being an average of 3.2 full time equivalent (2021: 4.8, 2.7 FTE). There were no employees with emoluments above £60,000.
|**Defined contribution pension scheme**|2022|2021|
|---|---|---|
||£|£|
|Costs of the scheme to the charity for the year|1,091|1,020|
13
## The Thornton & Allerton Community Association Limited
## Notes to the accounts continued
## for the year ended 31 March 2022
|**4 Restricted funds**
Joan Day
Fit for the Future Project
Brelms Trust
Home Schooling
Business Support
International Women's Day
Summer Unlocked
Co-operative Society
Garden Fund
Community Arts Centre
Kickstarter Scheme
Community Buildings|Balance b/f
£
5,077
106,248
4,096
1,350
-
-
-
2,210
1,000
143,365
-
-
263,346|Incoming
£
-
292,730
3,500
150
5,000
885
5,467
992
1,395
-
14,069
7,500
331,688|Outgoing
£
-
349,356
3,817
1,500
5,000
683
5,467
2,503
2,395
15,972
12,471
7,500
406,664|Transfers
£
-
(4,606)
-
-
-
-
-
-
-
-
(1,598)
-
(6,204)|Balance c/f
£
5,077
45,016
3,779
-
-
202
-
699
-
127,393
-
-
182,166|
|---|---|---|---|---|---|
## **Fund name**
## **Purpose of restriction**
Joan Day Fit for the Future Project
## Provision of bursaries
To undertake the capital refurbishment of the Grade II listed South Square Centre, including refurbishment of 99 sash windows, the roof and brickwork as well as the introduction of heating, insulation, new electrics, key suiting and fire safety measures. Additionally to provide improved disabled toilet facilities and a new external ramp to improve access. Alongside the capital works there has been a wellbeing, arts and heritage activities programme reaching out to schools, colleges, care homes, local residents and families. The transfer concerns an agreed contribution to the charity's overhead costs.
Funding has been received from The National Lottery Heritage Fund, Bradford Council and the Sir George Martin Trust in the year ending 31 March 2022.
Brelms Trust Home Schooling Business Support International Women's Day Summer Unlocked
Co-operative Society Garden Fund
Community Arts Centre
Kickstarter Scheme
Community Buildings
Community outreach creative workshops with local care homes. To undertake creative projects with home schooling families. To support local businesses with cultural events.
To create a celebratory international women's day project.
To recreate South Square Centre's iconic Titanic themed party, based on the original launch event of South Square as an arts centre in 1980's. Space to Connect funding to respond to social isolation and loneliness. Funding from Coop, Bradford Council and Bradford VCS to renovate South Square's back garden into a Covid friendly activity space.
For the capitalisation of funding from a restricted capital grant from the Arts Council England concerning improvements to South Square. Expenditure relates to depreciation charges for the year.
To support employment costs of young people at risk of long-term unemployment. The transfer is for the capitalisation of a fixed asset and contribution to overhead costs.
To support the running costs of South Square.
14
## The Thornton & Allerton Community Association Limited Notes to the accounts continued
## for the year ended 31 March 2022
|**5 **
**6 **
**7 **
**8 **|**Tangible assets**
**Cost**
At 1 April 2021
Additions
Disposals
At 31 March 2022
**Depreciation**
At 1 April 2021
Depn reversed re. disposals
Charge for year
At 31 March 2022
**Net book value**
At 31 March 2022
At 31 March 2021
**Debtors and prepayments**
Debtors
Prepayments
Other debtors
**Creditors and accruals**
Bank loans and overdrafts
Creditors
Accruals
Other creditors
**Creditors: amounts falling due after one year**
Bank loans|£
6,202
3,914
(1,026)
9,090
1,552
(257)
2,274
3,569
5,521
4,650
Office
Equipment|£
159,715
-
-
159,715
16,350
-
15,972
32,322
127,393
143,365
2022
£
44,178
739
9
44,926
2022
£
10,000
4,578
1,440
429
16,447
2022
£
34,167
34,167
Alterations
to|Total
£
165,917
3,914
(1,026)
168,805
17,902
(257)
18,246
35,891
132,914
148,015
2021
£
132,998
1,249
2,638
136,885
2021
£
10,000
177,230
840
797
188,867
2021
£
40,000
40,000|
|---|---|---|---|---|
15
## The Thornton & Allerton Community Association Limited Notes to the accounts continued
for the year ended 31 March 2022
## **9 Related party transactions**
## **Trustee expenses**
No trustee received any expenses during this year or the previous year.
## **Trustee remuneration and benefits**
No trustee received any remuneration or benefit during this or the previous year.
## **Remuneration and benefits received by key management personnel**
The total amount of employee benefits received by key management personnel was £29,979 (2021: £25,820.
No trustee received any remuneration or benefit in this capacity during this or the previous year.
## **10 Operating leases**
|Within one year
In the second to fifth years inclusive
**11 Funds held as agent**
Balance b/f
Incoming
£
£
The Friends of Thornton Library
797
797
-
Expected future minimum lease payments over the remaining life of the
lease, analysed into the period in which the commitment falls due:|2022
£
355
-
355
Outgoing
£
-|2021
£
355
355
710
Balance c/f
£
797
797|
|---|---|---|
16
## The Thornton & Allerton Community Association Limited
## Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2022
|2022
2021
Unrestricted Unrestricted
funds
funds
£
£
**Income**
Grants and donations
20,807
18,030
Rents and bookings
36,412
14,991
Fundraising and other income
5,816
3,622
Gallery, workshop income and sales
4,066
1,300
Bank interest
1
106
**Total income**
67,102
38,049
**Expenditure**
Salaries and NI
26,795
14,289
Payroll charges
767
979
Rent, rates and water
1,268
847
Light and heat
8,463
823
Property maintenance and repairs
4,689
2,898
Advertising, publicity and marketing
425
-
Events and activities
416
118
Artists fees and commissions
1,902
728
Insurance
4,129
2,761
Independent examiner fee
1,440
840
Sundries and other office costs
251
119
Telephone and internet
425
316
Professional fees and consultancy
409
287
Building contractors
2,173
-
Volunteer expenses and support
255
5
Licencing and subscriptions
1,012
377
Project costs
1,367
280
Depreciation
3,043
1,552
Interest payable
687
-
**Total expenditure**
59,916
27,219
**Net income / (expenditure)**
7,186
10,830
**Transfers between funds**
6,204
35,065
**Net movement in funds**
13,390
45,895
**Fund balances brought forward**
72,843
26,948
**Fund balances carried forward**
86,233
72,843|2022
Restricted
funds
£
327,248
-
4,440
-
-
331,688
56,011
288
-
7,500
3,506
9,547
150
9,713
-
-
2
-
32,665
253,808
1,755
196
15,551
15,972
-
406,664
(74,976)
(6,204)
(81,180)
263,346
182,166|2021
Restricted
funds
£
595,940
-
-
-
-
595,940
49,417
-
-
7,500
3,728
5,517
-
7,691
1,377
-
-
2,387
78,446
279,690
247
151
11,773
15,972
-
463,896
132,044
(35,065)
96,979
166,367
263,346|2022
Total
funds
£
348,055
36,412
10,256
4,066
1
398,790
82,806
1,055
1,268
15,963
8,195
9,972
566
11,615
4,129
1,440
253
425
33,074
255,981
2,010
1,208
16,918
19,015
687
466,580
(67,790)
-
(67,790)
336,189
268,399|2021
Total
funds
£
613,970
14,991
3,622
1,300
106
633,989
63,706
979
847
8,323
6,626
5,517
118
8,419
4,138
840
119
2,703
78,733
279,690
252
528
12,053
17,524
-
491,115
142,874
-
142,874
193,315
336,189|
|---|---|---|---|---|
17