OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

2023-08-31-accounts

TABLE OF CONTENTS 02 Table of contents 03 Le ol and administrative ormation 04-09 Chief Executive's Report 10 Chair's Report Trustees Report 16-19 Independent Auditor's Report to the members 20 Consolidated statement of financial activities of the group statement of financial activites of the parent company 21 22 Consolidated balance sheet 23 Statement of cash flows 24-44 Notes to the financial statements

Achievements
and performanc e
Our Impact
Members 2022/23 3,943
Visits recorded 78,860
Wards represented in Leeds 25
Wards represented in Halifax 10
Wards represented in Wakefield 13
York 2
Huddersfield I
Bradford 4

==> picture [361 x 16] intentionally omitted <==

IJnrestrioted R est rioted Total Funds Total Funds
Funds Funds 202$ 2022
Nota f f f
Inoome
Donations and legacies 16,060 24$,162 264,212 416,040
other eading activities 148.341 148.341 119,248
Incame from investments '108,467 108,467 77,481
income from charitable
activities 611,331 611331 489,581
other income —profit on
disposal 2,000
Total income 780,186 '1,02$,361 EI03,320
fxpenditure
EXpenditure
on raising
funds (tt0,24$) (TI0,24$) (102667)
Expenditure
on charitable
activities (767,800) (220,'182) ($77.682) (825,581)
Total expenditure (867,74$) (220,182) (1,087,$31) (927,238)
Net (expenditure)/Income
and net movement
before
Balesand losses on
lnvestmenrs (87.660) (88,680) (176,092)
Realised (losses an
investments (26,416) (28,416) (9,734)
unrealised
(lasses on
investments (31,876) (31,876) (87,39)
Net inoome and movement
ln funds (I47,867) 28,660 (118,877) 79,037
Transfers
between funds
Net movement
infunds
(147,887) 018,877) 79,037
Reoonollatton
offunds
Totoi funds brought
forward
4,261,627 S,461 4~7,176 4,169141
Total funds oarrisd forward 4,113,670 34,631 4,146,301 4,267,178
unrestricted Bestrloted Total Funds Total Funds
Funds Funds 2023 2022
5 9
lnconle
Donations and legacies 38,44$ 24$,162 287,611 430,703
other trading
activities
54,810 54,8'l0 67,346
Incanle frere!nVeftrnentS $5,314 $5,314 57,785
Income from charitable activities BT1,$$1 58,331 486,581
Other income —profit on
disposal 2,000
Total lnoome 6$8,$04 24$,162 $4$,066 i,044PIS
Bxpendfture
Expenditure
an raising funds
(32,504) ($2,504) (42,213)
Expenditure
on charitable
activities (754.620) (220,182) ($74,802) (825,561)
Total expenditure (787,12¹) (220,162) ('l,007,$06) (667,794)
ffet(expenditure)/income and
net movemerrt
betore gains
and
losses on investments (87,220) 28,$80 (58A¹0) 176,621
Realised (losses) on investments (28,41$) (28,41$) (9,734)
unreallsed
(losses) on
investments
($1~) (31,878) (67,3li)
ftet lnoome and movement in
funds (147,877) 28,$80 (TI5,837) 79,576
Transfers between
funds
ffet rvrovernerlt
ln furltls
(147,817) 28,$80 (TI$,8$7) 79,576
Beoono$latlon otfunds
Total funds brought
forward
4,075,070 5,651 4,080,721 4,00l,l45
Total funds oalrfed forwrlrd 3,$27,$53 34,631 3,$$2,1$4 4,080,721

sunup Company Company
292$ 2922 292$ 2922
Note f f f f
Fixed assets
Tangible assets $64,3$6 592,928 627,369 554,565
investments 16 2,9S7,266 2,711,3D8 2237366 2011,4D8
srogramme related invesrments 18 setr699 481r599
3,$62,141 3304334 $,226,26S 3027,572
Current assets
Debtors 17 $7,9$i7 1D8,236 tt9,729 '168,57I
Stock 6,476 6,289 '4430 2,700
Cash at bank 7$1,694 96t683 676,679 933,6'17
777,926 1,074,188 796,0$8 1,104,788
Creditors: Amounts falling dus within
elle year 1$ (61,776) (61,244) ($9~7) (51,639)
isst current assets 696,160 1,012,944 726,621 1,053,149
19 ($9Jtee) (SD,DOD)
4,146,S81 4,287,178 3,962,194 4,080,721
Funds
Restricted income funds 21 34,631 5,851 34,631 5,651
Unrestricted income funds:
Designated funds 22 3,$27,369 3,354,565 3,327369 3,354,565
other unrestricted income funds 22 622,616 743,277 600,'164 720,505
Fair vaiue reserve 163,666 163,855
Total funds 4,146,361 4,257,'l78 3,962,164 4,080,721

==> picture [20 x 14] intentionally omitted <==

2023 2022f
Cash Bows from operating activities
Net Incame (ge,e77) 79,o37
Adjustmenfs
%%
ftet lasses/(gains)
an investments
60,287 97,046
Dividends,
interest and rents from investments
(77,564) (73,969)
Prafit on sale oflixed assets (oooo)
other interest receivable and similar inoame (30,503) {3,482)
Depreciation 4a,055 43,939
Taxation (74) (1,619)
chonges
irr.
Trade and other debtors 65,354 (62,364)
Trade ond ether creditors 20,532 12,676
Stock (2,206) 93'I
Cash generated
from operations
(sf,sea) loo,lo4
interest received 30,503 3,482
fret cash used in operating activities (ees) 103,686
Cash Bows ham imresting aodvitfes
DIVidendS, interest and rents frOm inVeStrnentS 77,564 73,969
Purchases
ofother investments
(2,225,551) (301,669)
Purchase offixed assets (20,655) (15,162)
Pmceeds from sole af other investments 1,838,576 04,757
Proceeds from sale af fixed assets 2,000
stet cosh from investing
activities
(228,286) (126,106)
Net (decrease)/ increase incash and sash eqttfvafents (230,776) (22,6i9)
Cash and sash equivalents at beginning ofyear 86'1,663 984,202
Cash and cash eqttfvatents at end ofyear 731,504 961,683

==> picture [22 x 16] intentionally omitted <==

==> picture [22 x 15] intentionally omitted <==

lbweetrloterl Iteetrlotsd Total FuIKls
Suade ronde 2022
4 f
Income
Donations and legacies 174,008 242,032 4'l6,040
Other trading activiSes TIS~B 119446
Investments 77,451 77,451
Income from charitable activities 488,581 488,581
other income —profit on disposal 2,000 2,000
Total Income 861,288 242,032 1,103,320
sxpendlture
on:
Raising funds (101,657) (I01,667)
char!table activities (584,336) (24L245) (825,581)
Total espendfture (665,893) (241,24$) (927738)
Ifet Income
and net movement
before gains
and loeeee onlnvesenente 175,295 787 176,082
Realised (lasses}an Investments (9,734) (9,734)
Unrealised
(losses) on
lnvestments-
rnanaged
investment
portfolio (87,311) (87311)
ffet income ond movement Infunds 78,250 787 79,037

Unrestdoted ttestrhted Total Funds Totol Funds
Funds Funds 2023 2022
6 6
Donations
SirGeorge Martin Trust 5,000
GMl Construction 5,000
Healthy
Holidays
37,460 37,460 26,804
The Htinslet
Tiust
164,236
l.eeds City Council $,$80 3,$80 20,800
Garfield westan 'i8,000 15,000
RHS Community Welfbeing 10,000
The Natlana
I tottery Community
Fund 118,521 116,521 ll2,901
Burberry
Fund
10,000 10,000
Paul Spares
Sport England
5,000
!0,000
EBFGraundworks 8,042 6,042 6,702
RFLWorld Cup 18,840 18,840
Wades 10,000
Digltronik 5,000
RHOGAR 5,000
Denton Charitable
Trust
15,000
Maryland
Trust
'i0,000 10,000 5,000
West Yorkshire Mayors Fund 5,200 5,200
Charles ond Elsie Bykes $,000 $,000
Football Association 3,000 3,000
Other donatians '15,050 15,618 30,669 7,567
15,080 248,162 264412 416,040

Unrest doted Total Funds TotalFunds
Funds 2023 2I122
Chatges for use offacilities e
f
134,26$134,266
102gl28
Fundraising events 10,786 10,786 16,040
otherlncome 290 290 350
145,341 14$,$41 119448

.Income from in vestm ents
Unretdrfoted Total Funds Total Funds
Funds 2023 2022
8 8 f.
income from UK listed IIIVeetrnente
gook ihterest feoeivable
50.$64
60,$$4
30,50330,50$
44,469
3,482
Rent receivable 27,000 27,000 29,500
10$,4$7 10$,467 77,451
.Income from charitable activities
Unrestricted Total Ftthtls Total Fuhcfs
Funds 2023 2022
6 f 6
Service delivery 346,5Tj 345,817 321,336
Charges
for use offacilities
and
evening
clubs
103,208 103,208 li0,504
Sale of Club Kft 919 th9 177
Tacit shop and Canteen inoame 61,387 61,387 56,564
511,$$1 511,3$1 468,56'I
.Expenditure on raising funds
Unrestricted Total Funds Total Funds
Fends 2023 2022
8
Costs ofgenerating voluntary Income 26+46
Costs of fundraisIng tract ng 7&/48 66,496
Costs oi managing investments M,eee te,e&9 l3,985
Casts ofprogramme relotsri investments 3,639 6,331
80449 80W9 lgt657
.Expenditure on charitable activities by fund type
Unrestricted &tletrleted Total FlirtIts Total Funds
2022
6 f 8 f
Staff COS'ts 271,069 167,638 4$$,676 387+04
Suppon and governance costs 34$,232 19,940 368,172 308,997
Other dirsc't costs te&,209 12,726 160,936 129,teQ
757~ 230,1&2 977,662 82548t

0.Analysis ofsupport and gover nance costs
esne rat Severhance total Funds
support
9
func0eh 2023
6
2022
9
Salades, training and recruitment t84,87$ 1$4,87$ 380,546
Printing, stadon ey and postage 2,923 2,823
Telephone
Repairs and maintenance
1,7$3
SB~
1,7$3
SB~
2,198
33,096
Rent, rates and water 6,007 6.007 10,071
Light and heat n,2s$ n,2s$ 7,384
Insurance 1740$ 1740$ 15,830
Premises expenses 68,340 68,340 20r476
Advertising $7$ $7$ 1/)07
Trcstel and entertainment '476$ 1,76$ 2,3'l3
0eprecfation ll,340 11,340 12,320
Legal and prolessiona! lees 15,414 2,100 17,614 7,689
Audit fees 16,720 'l6,720 13,130
Casts ofAnnual
General Meeting
Other support costs
177 177
~5
163
648
360,775 17,997 SB$,172 308,997

This isstated after charging:
2023 2022
Staff pension contributions 22,$52 21,2i3
f7epreolation 45,056 43,939
Auditors
remuneration:
—audit ofthe financial
statements
HQOO 10,580
—preparation
offinancial statements
5,773 7,430

Total staff coats were asfollows:
2023 2022
wages and salaries 666,643 524,652
Social securit'y costs 3$,666 36,691
Other pension costs 22,662 21,2i3
666,120 582,556
Purtlcufors ofemplo yees: yees:
The overage number af employees during the year, wos as fallaws:
2D23 2022
Na
Number ofstaff 47 43
The number ofemployees whose annuol remuneration was 960,000 or more were:
2023 2022
blo
960,000to969,999 i

14.Tangible fixed asse ts
0ROUP Recreation
Amu
f
Fixtures R
Kqulpmeut
f
Motor
Vehicsas
f
Freehold
~ea
f
Total
8
Coat
At ISep 2022 444+68 210,021 83,$31 869,89S 1+87,800
Additions 17,037 3,949 20,9$6
At 31Aug 2023 444,$69 227.069 67,779 869.893 1,3$8,$$6
Cefanugotkm
At Isep 2D22 374,826 1$9,61S 63,831 168,$06 774,974
Charge lar the year 29,82S 6,614 724 13,194 49,066
At SlAug 2023 404,449 186,027 64,666 '199,999 $24,029
fast bookvalue
At31Aug 2023
39,$07 S2,031 3~ 499,994 $94,$68
At 31Aug 2D22 69,630 20,609 602,$$9 692,$28
COMPAIty Recreation
Area
f
Ftrttures fc
Bqulpmeot
f
Motor
Vehtclss
f
Freehold
~oa
f
Cost
At ISep 2022 444466 199,226 63,$31 BM,OIS 1,313~6
Additions 17,037 3,948 20,886
At 31Aug 2023 444466 218~3 67,779 BIB,OIS 1,334,410
5epreafothfn
At ISep 2022 374,826 182,841 63,831 147,66S 768,880
Charge for the year 29,823 6,614 724 12,320 4$,161
At31Aug 2023 404,449 188,'166 64,666 169483 $07,041
39,907 2$,109 3~ 468,'120 627,S89
At 31Aug 2D22 69,630 18,6$6 498ABO 664,686

Movement
in market value
Movement
in market value
Group Oompany
2022 202S 2022
Market value at I September 2022 f
2,71'LSOB
2,821~I 2,08,4061,921,541
Actlufsitlons
atcost
Oisposals at opening hook
value 2,226,$61
(1,167,918)
301,889
(124A91)
~,8$1
(1,$67,$86)
301,889
(124491)
Nst (loaasa) on revaluation ln ths year
ended 31August 2023 (31,$7$) (87311) (31,$7$) (87,311)
Market value at 31August 2023 2,9374262,7II308 ~,386 2,0TIAOB
Hhtorlcal costat 31August 2023 2,7t6,208 2,'127,429 ~,092 1,841,214
Analysis ofinvestments at 3'1August 2023
ereup Company
2023 2022 2023 2022
Listed Investments f f e
UK Quoted Shares 264,662 733,263 264,$$2 733@63
Non-UK Quoted Shams 9$6,$32 829,1BB 9$6,632 629,'IBB
Alternative
strategies
funds
304,$16 388,484 304,916 386~4
'1,666,099 'l,780,913 1,6$6,091 1,750,913
Other investments
LIK Group undertakings 100 100
Fixed interest 291,699 134,222 299588 !34,222
UK Cash hetd as part of Portfolio 8$2,49$ 128,173 3$2,4$$ 126,173
Property 700,000
1,S82,1$6 960,396 682,288 260~96
2,$37~$2,711,308 2,227,386 2,011,408

==> picture [25 x 17] intentionally omitted <==

16 .Programme
related
investments
croup Company
2622 2022 2622 2022
6 6
At ISep 2022 461,669 481,599
At 21Aag 2022 461,666 461499

202$ 2022 202S 2022
f t f 8
trade debtors 1$,167 81014 23460 91221
Arnounbr
owed by group undertakings
Other debtors
26~ 72,142
2$~
51,943
25,407
$7,967 108~8 116,728 158,571

croup Company
2023 2022 2022
Trade creditors f
17,M6
8,357 f6~ 8,350
Corporation tax
Taxason and social security 4&134 7,780 $68 7,780
Other creditors 66.7$7 45,107 61487 37.509
61,776 61,244 60307 S1,839

creep
20232022
creep
20232022
Company
202$
2022
f f
Deferred tax provision ln respect of fair
value gain an revaluation of
Investment properties M,OOO 50,000
M,OOO 50,000

==> picture [24 x 17] intentionally omitted <==

Outgoing
enlancs at
1Sept 2022
Incornlnff
resources
resources and
tmnsfsrs
Tntnsfers
~funds
eafance ak
21Aug 202$
6 6 6 9 9
Garaetd Weston 16,000 ($,T60) lk260
Leeds City Council
Diversionary
actlvltlss
2,$90 (zpm)
Leeds City Council
Fireworks 1,000 (oooo)
Healthy Holidays $7,460 ($T,490)
Ths Hunslst
Trust
4,$99 (4,See)
rhs Aadonaf tottery
Cornrnunlty
Fund
116,621 (102,7ll) 'l6,760
Burberry
Fund
10,000 (lo,ooo)
RHS —Comm ws!lbsing (efl)
ESFgroundworks 9,042 (6,042)
RFLworld Cup 19,940 (19,940)
West Yorkshire Mayors
Fund 6,200 (6,200)
Charles and Else's Sykes $400 ($,000)
Footbal
I Association
$+oo (414)
Maryland
Trust
10,000 (lo,ooo)
Other restricted income
under E3,MO 16,618 (n,o4e) 4,996
6,661 249,1B2 (220,162)

==> picture [22 x 16] intentionally omitted <==

==> picture [24 x 17] intentionally omitted <==

7nsnsfers t
Balance at Salns & Safanee at
1Sept 2022 teeeee BlAugust 2028
8
New build
development
fund $600,000 $600,000
Fixed asset
reserve 664,686 (27,166) 827,280
Property
intprovefttents
and renewals F000,000 LOOQ, OQQ
upgrade
of
playing surface 200,000 200,000
Designated
funds B,B64,668 (27,168) B,B27,260
Other
unrestricted
income funds (687,748) (BB,101) 822,616
Fa&r value
reserve 182,668 182,666
4,261,627 760,166 (687,74$) (80+87) 4,11$,870

==> picture [24 x 17] intentionally omitted <==

Company 2028 vranaferaI
6atanceat Incoming OtrttpBnff Seine 4 Balance at
1Sept2022
f
resources
f
resources
f
Leases
6
31Augttat 2023
f
New build
development
fund 1,600,000 '4600,000
Fixed asset
reserve 6$4,666 (27,106) 627,366
Property
Improvements
and renewals 1,000,000 1,000,000
Upgrade of
playing surface 200,000 200,000
Qeelghatcd
funds 8,3$4,$66 (27,166j 3,327,366
Other
unrestdcled
lncorne fuhcls 720,$0$ 66$,$04 (767,134) (38,101) 600,1$4
4,07$,070 $0$,$04 (767,124) ($0~) 3,$27,$63

==> picture [24 x 17] intentionally omitted <==

vransfers
/
Salanaeat Incoming Oafns 8 Balance at
1Sept 2021 Lasses 31August 2022
6 6 6 6
New build
development
fund LQQQ.QQQ 600.000 LBQQ.QQQ
Fixed asset
I'essive 664,666 664,686
Property
improvements
and renewals 1,000,000 1,000,000
Llpgrade of
playirlg surface 200400 200,000
IOesignated
funds 'LQQQ, QQQ 2,3$4,666 3+$4,$86
O&er
unrestricted
Income funds 3,018,662 661~6 (666,883) (2,46LBM) 743+77
Fair value
reserve 183,BS6 183,BS6
4,163,377 661PSS (866,883) (87+46) 4,261,627

Transferal
Balaneeat Incorninq Seine & Balance at
1Sept2021 rescluroes tosses 3tAugust 2022
8 8 8 5
Nrsw build
development
fund $000,000 $00,000 1,500,000
Fixed asset
resente $54,66$ 554,$86
Propeny
Impravaments
and renestals 1,000,000 1,000,000
upgrade
of
playing surface 200,000 200,000
DesEgnafed
funds 1,000,000 3,3$4,685 3,364,$86
O&er
unrestricted
Incame funds 2,996481 50W83 (628,$48) (2A61,6H) 720,506
3,956,281 SXgl83 (626,549) (87,046) 4,07$,070

eruufr 202$ Tangible Net current
lhed asseh Invesnnenls assets Total
6 f f f
Restricted
Income Funds
$4,6$1
Unlsstrkted Income Funds 664,868 2,927~6 661,829 4,11$,870
Total Funds 664,868 ~~8 888,160 4,148,90I
Tanglbk Nst current
lhed assets Investmenh assets Total
f f f
Restrtctsd Income Funds $4,6$1
Unrsstrkted Income Funds 827969 2,6$8,984 701~ $,927,66$
Total Funds 827,$69 2,688,984 7$6,8$1 $,982,184
Tangible
lhsd assets
Inv~ Net current
assets
6 f 8 6
Restricted
Income Funds
6,661 6,661
Unrestrkted Income Funds
Total Funds 682,928 2,7I1,$08 'I,GI2,944 4,287,178
Tangible
lhed asseh
Invesnnenls Net current
assets
Total
f f f
Restricted
Income Funds
6,861 6,661
Unrestrkted btccme Funds 664,666 M7$,007 1,047,498 4,078,070
Total Funds 664,686 ~7$,007 I,06$,149 4,080,721

==> picture [23 x 17] intentionally omitted <==

==> picture [424 x 126] intentionally omitted <==

==> picture [25 x 17] intentionally omitted <==