**MMSCA 2021 AGM REPORT** 

June 22[nd] 2022 

Present; Delroy, Frank, Sue, Michael, Shep, Robert. Howard, James, Rayne, Jonathan, George, Sajid, Richard. Damien, Shafique, Christine, Keith, Gary, Faisal. 

Apologies; Louis, Lewis, Daniel, David, 

## **Chairperson** 

Delroy thanked the members for turning up at the AGM. He stated 2020 was a unusual year for the charity. However, 2021 was a good turning point for the organisation. The organisation got a grant from JUMP a funding arm of Sport England. We were able to have a fulltime worker, who has rejuvenated the centre. We have had more people pass through the door especially young people. The funding will continue throughout 2022. 

## **2021 accounts.** 

It was felt the 2021 accounts were a lot better with the JUMP grant and council money throughout 2021. 

No questions from the members of MMSCA. 

## **MMSCA directors stepped down.** 

Elected members from umbrella groups to formulate MMSCA management. 

Delroy, Robert, Shep, James, (Campion) Frank, Sue, Michael Christine, Kevin, Shafique. (Social side) Howard (under 21s ) 

It was nominated by Shep and seconded by Howard that all the officers remained the same for 2021. It was agreed from all who attended the meeting. 

## **Election of officers.** 

Delroy Dacres Chair nominated by James, seconded by Robert. Andrew Shepherd vice Chair nominated by Delroy, seconded by Howard. Robert Stead, Secretary nominated by Delroy, seconded by Michael. Michael Kaye Treasurer nominated by Shep, seconded by Frank. 

## **AGM closed** 



Registration nU￿ber.. 05317944
Manningham Mills Sports & Community Association
Limited
Annual Retrt)rt and Unaudited Financial Ststements
for the Year Ended 31 December 2021
fostermann
evolved accountancy
Accounting I busi1￿s5 advisory
fo*er mann Is d Iradiiig Fhail)e of Fu5ter Mann Iuxi Limited
Registered Off￿e.. Unit 26G. Spiingfiekj Commetrial Centre. Baoley Lane. Farsley. lee¢Js, LS28 SLY
Regisiei-ed *n England". l L833403

Manningham Mills Sports & Community Assoeiation Limited
Contenls
Company Informaiion
Directors, Report
Accountants, Report
Profil and Loss Account
Statement of Comprehensive Income
Balance Shee¢
Statement of Changes in Equity
Notes io ihe Unaudi¢ed Finan¢ial Statements
8t0 I I
IXBRL Detailed Profit and Loss Account
12 to 13

Manningham Mills Sports & Community Association Lilnited
Directors, Report for the Year Ended 31 December 2021
The diieciors pre5enr their r¢port and th¢ financial statements for the year ended 31 Drf¢mber 20?].
Director of the ¢ompany
The directors who held olyice during the year were &5 follows..
D Dacres
M Kaye
A Keeuan (ceased l May 20?])
F D Knighion
A J Shepherd
R N Stead
Principal atiivity
The principal aciivity of the company 1$ $p)rts and recreaiion educaiion. and activitie$ of other membership
or¥anisa(ions not elsewhere ¢la5sified
Srnall compani¢5 provislon s¢¥Jternenl
This report has be¢n prepared in accordan¢¢ with ihe special provisions relatin8 lo companie5 subject lo the
small companies regime within Pan 15 of the Companies Aci 2006.
Approved and auihorised by the Board on 13 June 20?? and signed on its behalf by..
M Kaye
Director

Accountants, Report to the Board of Director5 on the Preparation of the Unaudited
Statutor%' A¢count5 of
Manningham Mills Sports & Community Association Limited
for the Year Ended 31 December 2021
In order to assisi j'ou to fulfil your duli¢5 under the Companies Act 2006. we have prepared for your approval
the a¢counis of Mannin(pham Mills Spons & Community Aswciaii(Trn Limited for the year ended 31 December
20? l as set out on pages 4 to I l from the company's accounting records and from information and explanations
you have ¢yiv¢n us.
This Teport is tnade solely to the Board of Direciors of Manningham Mills Spons & Community Association
Limited, as a body, in accordance with the ierrns of our ¢nga(Tement leiier dated l Jun¢ ?01 g. Our work has been
undertaken 501ely to prepare for your approval the accounts of Manningham Mills Sports & Community
Associaiign Limited 8nd stat¢ those matters that we have agreed to sraie to ihe Board of D]r￿torS of
Manningham Mills Spons & Community Association Limiied. as a body, in this report in accordance with
ICAEW Technical Release 07,116 AAF. To ihe fullesi extenl pemiitt¢d by law. we do not accept or assum¢
responsibiliry to anyone other than Manningham Mills SpoTts & Communiry Association Limited and its Board
of Directors as a body for our work or for Ihis rep)n.
li is your dury 10 ensure Ihat Manningham Mills Sports & Community Association Limited has kept adequate
acLounting reeord5 and 10 prepare statutory a¢counis ihai give a t￿e and fair view of the asseis, liabilili¢s,
rinancial posili(>n and profil of Manningham Mills Sports & Communi￿, As50ciarion Limited. You ¢onsider that
Manningham Mills Sport5 & Community Associaiion Limited is e.xempt from the staturory audit requirement
for Ihe year.
We have not been instru¢ted lo caryy oui an audii or a review of the accounts of Manningham Mills Sports &
Community Association Limiied. For this reason. we have noi verified the accuracy or completeness of the
accounting records or infom)ation and explanaiion$ you have given ro us and we do noi. therefore, express any
opinion on the siatuiory accounts.
Fosier Mann (UK} Limited
Unit ?6G, Springfield Commercial Centre
Ba¥ley Lane
Far51¢
Leeds
LS?8 SLY
13 June 20?2
Page 3

M2nniDgham Mills Sports & Community Association Limited
Profit and Loss Account for the Year Ended 31 December 2021
2021
2020
Note
Turnover
177.006
63.)29
Cost of sales
(97.740)
137.179)
Gross profil
Administrntive expense5
Operdting profil
79.266
26,150
(57.1301
15,2501
?0.900
Other interest receivable and similar income
10
5?
Profit before tax
Profit for the finan¢ial year
?0.95?
The above results were derived from continuing operations.
The company has no re¢ognised gains or losses for the year other than the resulis above.
The noies on pages 8 to I I forni an integral part of these financial Statements.
Page 4

Mgnningham Mills Sports & Community Association Limited
Statement of Comprehen$i)'e In¢ome for the Year Ended 31 Deeember 2021
2021
2020
Profit for the year
22.146
20.952
Total comprehensive in¢ome for the year
22,146
The notes on pages 8 to I I forni an In￿gra1 part of these financial statements.
Page 5

Manningbam Mills Sports & Community Association Limited
(Registration number: Oi317944)
Balance Sheet as at 31 December 2021
2021
2020
Note
Fixed assets
TangTrible assets
1,095.983
1,094.390
Current 855ets
Siock5
Debtors
Cash ai bank and in hand
861
8?9
2.317
75,012
111.984
78.158
Cr¢ditors.' Amounts falling due within one year
Net current 855ets
39,?74)
1?? 8601
75.851
55.?98
Net assets
171.834
1,149.688
Capital and reservej
Prolit and loss ac¢ouni
1,171.834
1.149.688
Shareholders. ￿ndS
1.171,834
1,149,688
For the financial year ending ) l December ?021 the company was entitled to exemption from audit under
section 477 of the Companies Act 2006 rel*ing io small companies.
Directors. responsibiliiie5'.
The members have noi required the ¢ompany EO obtsin an audil of its 4ccounts for the year in question in
accordance wilh section 476. and
The directors acknowledge iheir responsibilities for complying with the requirements of ihe Act with respect
io a¢rouniing rrfords and the preparation of accounts.
These financial stat¢menis have been prepared in ac¢ordance with the special provisions relating to companies
subject to the small companies regime within Part 15 of the Cornpanies Act 21yJ6.
These financial giatemenls have been delivered in ac¢ordan¢e wilh ihe provisions applicable to companies
subject to the small companie5 regime and ihe option not io file the Profil and Los5 Account has been taken.
Approved and authorised by ihe Board on 13 June 2022 and signed on its behalf by..
M Kaye
Dir¢ctor
The notes on pages 8 ro I I forni an integral part of ihese financial statements.
Page 6

Manningham Mills Sports & Community, Association Limi¢¢d
Statement of Changes in Equity for the Year Ended 31 December 2021
Profit and loss
ceounl
Total
At l January 2021
Profit for the year
Total comprehensive income
1,149.688
22,146
1,149.688
22.146
At 31 December 20?1
1.171.834
Profit and loss
account
1,171,8i4
Totgl
At l January ?020
Profil for the year
Total comprehensive income
At 31 December 2020
1.1?8,736
?0.957
1,128,736
20.95?
20.957
20,95?
1.149,688
1.149.688
The notes on pages 8 to I I form an iniegrnl pan of these financial statements.

Manningham Mills Sports & Community Association Limited
Notes to the Unaudfftted Financial Statements for the Year Ended 31 December 2021
General informAiio
The company is a private ¢ompany lirnited by share capithl. in¢oTporni¢d in England and Wales.
The address of its registered office is..
Scoichman Road
Bradford
West Yorkshire
BD9 SAT
These financial statem¢nl$ were authorised for issue by the Board on 13 June ?022.
2 Accountirtg policies
Summgry of signifjcant accounting policie5 and kev accounting estim8les
The principal accountin¥ policies applied in ihe prepardtion of these financial sraiements are set oui below.
These policies have been consistently applied io all the years presented. unless otherwise stated.
Statement ofcompli4nct
These linancial slaiements were prepared in at¢ordance wÈih Financial Reporting Stsndord 10? 'The Financial
Reporting Standard applicable in ihe UK and Republic of Ireland..
Basi5 of prephration
These linancial Slal¢menis have been prepared using ihe historical cosi ¢onveniion except that a5 dis¢losed in
the ac¢ountin¥ policies certain iiems are shown ai fair value.
Revenue recognltlon
Turnover comprises th¢ fair value of the consid¢rdiion received or receivable for the sale of goods and provision
of services in the ordinary cours¢ of the company's aciivilies. Turnover is shown net of Sale￿ValUe added t&¥,
returns, r¢bates and discounts.
The company recognises revenue when..
The amount ofrevenue can be reliably measured:
it is probable that fviure economic benefils will flow to the entity;
and specific criteria have been met for each of the compan)'s activities.
Txngible assets
Tan¥ible asse15 are stated in ihe baian¢e 5heei at cosL less any subsequenr accumulated depreciation and
subsequent accumulated impaimenr10sses.
The cost of tsngible &8sets includes directly attributable in¢remental costs in¢urred in their acquisltion and
Depreci#tlon
Depreciaiion is Charged so a5 lo ￿tte off the cosi of as5ers. other Ihan land and properties under construction
over their estimated useful lives. as follows..
A55et class
Land and Buildino
Fixtur¢s and Fittings
Depreeiation method and rate
50 Year5 Straight Line
4 Years Straight Line
Page 8

Manningham Mills Sports & Community Association Limited
Notes to the Unaudited Financial Stalement5 for the Year Ended 31 December 2021
Cash and eash ¢quivaleNt5
Cash and cash ¢quivalents comprise c&sh on hand and call dermisits. and other short-terrn highly liquid
investments that are readily Convenible to a known amouni of Cash and are subject to an insiiynificani risk of
change in value.
Trade debtor5
Trade d¢btOTS ar¢ amounts due from ¢￿1￿meT$ for merchandise sold or services perforn)ed tn ihe ordinary
course of busine$5.
Trade debtors are recognised initially ai the transaciion price. They are subsequently measured at amortised cost
using the etTective interest method, less provision for impairneni. A provision for ihe impairnient of trade
debtors is established when there is objective evidence Ihai the company will not be able to collect all amounts
due according io the original iemis of ihe receivables.
Stoeks
Stocks are stated ai the lower of ¢osl and estimated sellin8 price le5S Costs to complete and sell. Cosi is
detemiin¢d using ihe firsi-in, first￿￿1 {FIFOI method.
The cost or rinished goods and work in progress comprises direct materials and. where applicable. direct labour
costs and those overheads thai have been incurred in bringing the inventories io ih¢ir present locaiion and
condition. Al each reporting date, siocks are assessed for impairnieni. If siocks are impaired. the carr>'ing
amount is reduced lo its selling price less costs io complete and sell: the impaimeni loss is reco￿niSed
immediately in profil or loss.
Trade creditors
Trade creditor5 are obligations 10 pay for 8oods or Services ihal have been acquired in the ordinary ¢our5e of
business from suppliers. Accounts payable are Classified &$ Current liabilities if the company does not have an
unconditional right. at the end of the reporting period. to defer s¢t(lemeftt of the creditor for at least twelve
months after the reponin¥ dale. If there is an unconditional righi to defer settlement for al least Iwelve months
after the reporting date, they are Presented &5 nonrfurrent liabilitie$.
Trade creditors are recognised initially a¢ the transaction price and subsequently measured ai amonised cost
using the effective interest method.
J Profit before t8x
Arrived al after char¥ingllcrediiing)
2021
2020
Depreciation expense
106
1.760

Manningham Mills Sports & Communih. Association Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2021
4 Tttngible Assets
Furniture.
rittinES and
equipment
L*nd #nd
buildings
Total
C051 or valuation
Ai l January 20?1
Additions
Dispgsals
1.139,678
126.388
1.700
{1?6,i88)
1.266,066
1,700
(126.3881
At 31 December 2021
1.139.678
1.700
1,141.378
Depreciftiion
Ai l January ?0) I
Charge for the year
Eliminated on disposal
At 31 December 2021
126.389
171,677
106
{126,3881
(126.388)
107
45,395
C&rryln% 4mount
At 31 December 20?1
1,094.i90
1.593
1.095.983
Ai 31 December 20?0
1.094,3¢X)
1,094.390
Included within the nei book value of land and buildings above is £1.094.i90 {?0?0 - £1.094.3901 in respect of
freehold land and buildings.
5 Stocks
2021
2020
Other inveniories
861
829
6 Dtbtors
2021
2020
Prepayments
2.280
2.317
2.?80
,317
Paoe 10

Manningham Mills Sports & Community Association Limited
Not¢s to the Unaudited Financial Statements for the Year Ended 31 December 2021
7 Creditors
Creditors: amount5 falling due withitt one year
2021
2020
Due within one year
Trade creditors
T￿atIon and social security
Ac¢ruals and deferred income
Other creditors
5.760
468
1.986
j6,8?0
1,320
15,780
39.?74

Manningham Mills Sports & Community A5soeiation Limited
IXBRL Detailed Profit and Los$ Account for the Year Ended 31 December 2021
2021
2020
Turnov¢r
Bar Takings
Sales- Hire of Facilities
Brddford Council Funding
Windrush Festival
Youth Capa¢ity Fund
Sales - Jump
Course Fees
Coucil Holiday Scheme
Grants and subsidie5
14.010
8,964
16,521
6,754
3.000
800
7.5(M)
49.799
?.OiO
i,000
15.710
6,580
i8.177
177,(M)6
63.3?9
Cost of sales
Opening raw materials
Bar Purchases
Windrush Fesiiyal Expenses
Cours¢ Fees
Black Health Forum Expenses
Youth Capacity Fund Expenses
Closing raw materials
Council Holiday Scheme
Grdnls and Subsidies Expenses
Jump Expenses
829
9.699
7,501
570
?,000
8.398
{8611
5,540
15,156)
270
2.￿)0
7.706
{8291
0,580
4.339
17.055
97.740
i7.179
Gross Profit
Gros5 Profit {Yo)
79.?66
44.780/
?6,150
41.290/0
Gener#1 #dministrative exp¢n5es
Wa¥es and Salaries (excluding directo[5)
Grani Received
Rates and Water Rates
Light. heat and power
Insurance
Ground Maintenance and W&%ie Disposal
relephone and fa.x
Computer software and maintenance costs
Trade subscriptions
Cleaning
Accountancy fees
24,120
125,0001
2.818
10,574
3,269
9.337
3.273
9.916
2.024
3.038
543
2.130
1,453
124
805
1.320
2.274
Thi5 page does noi form part of the ststutory fit]ancial statements.
Page 12

Manningham Mills Sport5 & Communilv Assoeiation Limited
IXBRL Detarled Profit and Loss Account for the Year Ended 31 December 2021
2021
2020
Bank charges
Dep￿CIation of fiX￿re5 and fJtting5 (owned)
188
106
175
1,760
Operating profil
57,130
5.250
Other interest receivable and similar iTrcome
Bank inieresi receivable
Profit before tax
22.136
20,900
10
52
This page does not form part of the sratutory financial ststements.
Page 13

Registration nU￿ber.. 05317944
Manningham Mills Sports & Community Association
Limited
Annual Retrt)rt and Unaudited Financial Ststements
for the Year Ended 31 December 2021
fostermann
evolved accountancy
Accounting I busi1￿s5 advisory
fo*er mann Is d Iradiiig Fhail)e of Fu5ter Mann Iuxi Limited
Registered Off￿e.. Unit 26G. Spiingfiekj Commetrial Centre. Baoley Lane. Farsley. lee¢Js, LS28 SLY
Regisiei-ed *n England". l L833403

Manningham Mills Sports & Community Assoeiation Limited
Contenls
Company Informaiion
Directors, Report
Accountants, Report
Profil and Loss Account
Statement of Comprehensive Income
Balance Shee¢
Statement of Changes in Equity
Notes io ihe Unaudi¢ed Finan¢ial Statements
8t0 I I
IXBRL Detailed Profit and Loss Account
12 to 13

Manningham Mills Sports & Community Association Lilnited
Directors, Report for the Year Ended 31 December 2021
The diieciors pre5enr their r¢port and th¢ financial statements for the year ended 31 Drf¢mber 20?].
Director of the ¢ompany
The directors who held olyice during the year were &5 follows..
D Dacres
M Kaye
A Keeuan (ceased l May 20?])
F D Knighion
A J Shepherd
R N Stead
Principal atiivity
The principal aciivity of the company 1$ $p)rts and recreaiion educaiion. and activitie$ of other membership
or¥anisa(ions not elsewhere ¢la5sified
Srnall compani¢5 provislon s¢¥Jternenl
This report has be¢n prepared in accordan¢¢ with ihe special provisions relatin8 lo companie5 subject lo the
small companies regime within Pan 15 of the Companies Aci 2006.
Approved and auihorised by the Board on 13 June 20?? and signed on its behalf by..
M Kaye
Director

Accountants, Report to the Board of Director5 on the Preparation of the Unaudited
Statutor%' A¢count5 of
Manningham Mills Sports & Community Association Limited
for the Year Ended 31 December 2021
In order to assisi j'ou to fulfil your duli¢5 under the Companies Act 2006. we have prepared for your approval
the a¢counis of Mannin(pham Mills Spons & Community Aswciaii(Trn Limited for the year ended 31 December
20? l as set out on pages 4 to I l from the company's accounting records and from information and explanations
you have ¢yiv¢n us.
This Teport is tnade solely to the Board of Direciors of Manningham Mills Spons & Community Association
Limited, as a body, in accordance with the ierrns of our ¢nga(Tement leiier dated l Jun¢ ?01 g. Our work has been
undertaken 501ely to prepare for your approval the accounts of Manningham Mills Sports & Community
Associaiign Limited 8nd stat¢ those matters that we have agreed to sraie to ihe Board of D]r￿torS of
Manningham Mills Spons & Community Association Limiied. as a body, in this report in accordance with
ICAEW Technical Release 07,116 AAF. To ihe fullesi extenl pemiitt¢d by law. we do not accept or assum¢
responsibiliry to anyone other than Manningham Mills SpoTts & Communiry Association Limited and its Board
of Directors as a body for our work or for Ihis rep)n.
li is your dury 10 ensure Ihat Manningham Mills Sports & Community Association Limited has kept adequate
acLounting reeord5 and 10 prepare statutory a¢counis ihai give a t￿e and fair view of the asseis, liabilili¢s,
rinancial posili(>n and profil of Manningham Mills Sports & Communi￿, As50ciarion Limited. You ¢onsider that
Manningham Mills Sport5 & Community Associaiion Limited is e.xempt from the staturory audit requirement
for Ihe year.
We have not been instru¢ted lo caryy oui an audii or a review of the accounts of Manningham Mills Sports &
Community Association Limiied. For this reason. we have noi verified the accuracy or completeness of the
accounting records or infom)ation and explanaiion$ you have given ro us and we do noi. therefore, express any
opinion on the siatuiory accounts.
Fosier Mann (UK} Limited
Unit ?6G, Springfield Commercial Centre
Ba¥ley Lane
Far51¢
Leeds
LS?8 SLY
13 June 20?2
Page 3

M2nniDgham Mills Sports & Community Association Limited
Profit and Loss Account for the Year Ended 31 December 2021
2021
2020
Note
Turnover
177.006
63.)29
Cost of sales
(97.740)
137.179)
Gross profil
Administrntive expense5
Operdting profil
79.266
26,150
(57.1301
15,2501
?0.900
Other interest receivable and similar income
10
5?
Profit before tax
Profit for the finan¢ial year
?0.95?
The above results were derived from continuing operations.
The company has no re¢ognised gains or losses for the year other than the resulis above.
The noies on pages 8 to I I forni an integral part of these financial Statements.
Page 4

Mgnningham Mills Sports & Community Association Limited
Statement of Comprehen$i)'e In¢ome for the Year Ended 31 Deeember 2021
2021
2020
Profit for the year
22.146
20.952
Total comprehensive in¢ome for the year
22,146
The notes on pages 8 to I I forni an In￿gra1 part of these financial statements.
Page 5

Manningbam Mills Sports & Community Association Limited
(Registration number: Oi317944)
Balance Sheet as at 31 December 2021
2021
2020
Note
Fixed assets
TangTrible assets
1,095.983
1,094.390
Current 855ets
Siock5
Debtors
Cash ai bank and in hand
861
8?9
2.317
75,012
111.984
78.158
Cr¢ditors.' Amounts falling due within one year
Net current 855ets
39,?74)
1?? 8601
75.851
55.?98
Net assets
171.834
1,149.688
Capital and reservej
Prolit and loss ac¢ouni
1,171.834
1.149.688
Shareholders. ￿ndS
1.171,834
1,149,688
For the financial year ending ) l December ?021 the company was entitled to exemption from audit under
section 477 of the Companies Act 2006 rel*ing io small companies.
Directors. responsibiliiie5'.
The members have noi required the ¢ompany EO obtsin an audil of its 4ccounts for the year in question in
accordance wilh section 476. and
The directors acknowledge iheir responsibilities for complying with the requirements of ihe Act with respect
io a¢rouniing rrfords and the preparation of accounts.
These financial stat¢menis have been prepared in ac¢ordance with the special provisions relating to companies
subject to the small companies regime within Part 15 of the Cornpanies Act 21yJ6.
These financial giatemenls have been delivered in ac¢ordan¢e wilh ihe provisions applicable to companies
subject to the small companie5 regime and ihe option not io file the Profil and Los5 Account has been taken.
Approved and authorised by ihe Board on 13 June 2022 and signed on its behalf by..
M Kaye
Dir¢ctor
The notes on pages 8 ro I I forni an integral part of ihese financial statements.
Page 6

Manningham Mills Sports & Community, Association Limi¢¢d
Statement of Changes in Equity for the Year Ended 31 December 2021
Profit and loss
ceounl
Total
At l January 2021
Profit for the year
Total comprehensive income
1,149.688
22,146
1,149.688
22.146
At 31 December 20?1
1.171.834
Profit and loss
account
1,171,8i4
Totgl
At l January ?020
Profil for the year
Total comprehensive income
At 31 December 2020
1.1?8,736
?0.957
1,128,736
20.95?
20.957
20,95?
1.149,688
1.149.688
The notes on pages 8 to I I form an iniegrnl pan of these financial statements.

Manningham Mills Sports & Community Association Limited
Notes to the Unaudfftted Financial Statements for the Year Ended 31 December 2021
General informAiio
The company is a private ¢ompany lirnited by share capithl. in¢oTporni¢d in England and Wales.
The address of its registered office is..
Scoichman Road
Bradford
West Yorkshire
BD9 SAT
These financial statem¢nl$ were authorised for issue by the Board on 13 June ?022.
2 Accountirtg policies
Summgry of signifjcant accounting policie5 and kev accounting estim8les
The principal accountin¥ policies applied in ihe prepardtion of these financial sraiements are set oui below.
These policies have been consistently applied io all the years presented. unless otherwise stated.
Statement ofcompli4nct
These linancial slaiements were prepared in at¢ordance wÈih Financial Reporting Stsndord 10? 'The Financial
Reporting Standard applicable in ihe UK and Republic of Ireland..
Basi5 of prephration
These linancial Slal¢menis have been prepared using ihe historical cosi ¢onveniion except that a5 dis¢losed in
the ac¢ountin¥ policies certain iiems are shown ai fair value.
Revenue recognltlon
Turnover comprises th¢ fair value of the consid¢rdiion received or receivable for the sale of goods and provision
of services in the ordinary cours¢ of the company's aciivilies. Turnover is shown net of Sale￿ValUe added t&¥,
returns, r¢bates and discounts.
The company recognises revenue when..
The amount ofrevenue can be reliably measured:
it is probable that fviure economic benefils will flow to the entity;
and specific criteria have been met for each of the compan)'s activities.
Txngible assets
Tan¥ible asse15 are stated in ihe baian¢e 5heei at cosL less any subsequenr accumulated depreciation and
subsequent accumulated impaimenr10sses.
The cost of tsngible &8sets includes directly attributable in¢remental costs in¢urred in their acquisltion and
Depreci#tlon
Depreciaiion is Charged so a5 lo ￿tte off the cosi of as5ers. other Ihan land and properties under construction
over their estimated useful lives. as follows..
A55et class
Land and Buildino
Fixtur¢s and Fittings
Depreeiation method and rate
50 Year5 Straight Line
4 Years Straight Line
Page 8

Manningham Mills Sports & Community Association Limited
Notes to the Unaudited Financial Stalement5 for the Year Ended 31 December 2021
Cash and eash ¢quivaleNt5
Cash and cash ¢quivalents comprise c&sh on hand and call dermisits. and other short-terrn highly liquid
investments that are readily Convenible to a known amouni of Cash and are subject to an insiiynificani risk of
change in value.
Trade debtor5
Trade d¢btOTS ar¢ amounts due from ¢￿1￿meT$ for merchandise sold or services perforn)ed tn ihe ordinary
course of busine$5.
Trade debtors are recognised initially ai the transaciion price. They are subsequently measured at amortised cost
using the etTective interest method, less provision for impairneni. A provision for ihe impairnient of trade
debtors is established when there is objective evidence Ihai the company will not be able to collect all amounts
due according io the original iemis of ihe receivables.
Stoeks
Stocks are stated ai the lower of ¢osl and estimated sellin8 price le5S Costs to complete and sell. Cosi is
detemiin¢d using ihe firsi-in, first￿￿1 {FIFOI method.
The cost or rinished goods and work in progress comprises direct materials and. where applicable. direct labour
costs and those overheads thai have been incurred in bringing the inventories io ih¢ir present locaiion and
condition. Al each reporting date, siocks are assessed for impairnieni. If siocks are impaired. the carr>'ing
amount is reduced lo its selling price less costs io complete and sell: the impaimeni loss is reco￿niSed
immediately in profil or loss.
Trade creditors
Trade creditor5 are obligations 10 pay for 8oods or Services ihal have been acquired in the ordinary ¢our5e of
business from suppliers. Accounts payable are Classified &$ Current liabilities if the company does not have an
unconditional right. at the end of the reporting period. to defer s¢t(lemeftt of the creditor for at least twelve
months after the reponin¥ dale. If there is an unconditional righi to defer settlement for al least Iwelve months
after the reporting date, they are Presented &5 nonrfurrent liabilitie$.
Trade creditors are recognised initially a¢ the transaction price and subsequently measured ai amonised cost
using the effective interest method.
J Profit before t8x
Arrived al after char¥ingllcrediiing)
2021
2020
Depreciation expense
106
1.760

Manningham Mills Sports & Communih. Association Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2021
4 Tttngible Assets
Furniture.
rittinES and
equipment
L*nd #nd
buildings
Total
C051 or valuation
Ai l January 20?1
Additions
Dispgsals
1.139,678
126.388
1.700
{1?6,i88)
1.266,066
1,700
(126.3881
At 31 December 2021
1.139.678
1.700
1,141.378
Depreciftiion
Ai l January ?0) I
Charge for the year
Eliminated on disposal
At 31 December 2021
126.389
171,677
106
{126,3881
(126.388)
107
45,395
C&rryln% 4mount
At 31 December 20?1
1,094.i90
1.593
1.095.983
Ai 31 December 20?0
1.094,3¢X)
1,094.390
Included within the nei book value of land and buildings above is £1.094.i90 {?0?0 - £1.094.3901 in respect of
freehold land and buildings.
5 Stocks
2021
2020
Other inveniories
861
829
6 Dtbtors
2021
2020
Prepayments
2.280
2.317
2.?80
,317
Paoe 10

Manningham Mills Sports & Community Association Limited
Not¢s to the Unaudited Financial Statements for the Year Ended 31 December 2021
7 Creditors
Creditors: amount5 falling due withitt one year
2021
2020
Due within one year
Trade creditors
T￿atIon and social security
Ac¢ruals and deferred income
Other creditors
5.760
468
1.986
j6,8?0
1,320
15,780
39.?74

Manningham Mills Sports & Community A5soeiation Limited
IXBRL Detailed Profit and Los$ Account for the Year Ended 31 December 2021
2021
2020
Turnov¢r
Bar Takings
Sales- Hire of Facilities
Brddford Council Funding
Windrush Festival
Youth Capa¢ity Fund
Sales - Jump
Course Fees
Coucil Holiday Scheme
Grants and subsidie5
14.010
8,964
16,521
6,754
3.000
800
7.5(M)
49.799
?.OiO
i,000
15.710
6,580
i8.177
177,(M)6
63.3?9
Cost of sales
Opening raw materials
Bar Purchases
Windrush Fesiiyal Expenses
Cours¢ Fees
Black Health Forum Expenses
Youth Capacity Fund Expenses
Closing raw materials
Council Holiday Scheme
Grdnls and Subsidies Expenses
Jump Expenses
829
9.699
7,501
570
?,000
8.398
{8611
5,540
15,156)
270
2.￿)0
7.706
{8291
0,580
4.339
17.055
97.740
i7.179
Gross Profit
Gros5 Profit {Yo)
79.?66
44.780/
?6,150
41.290/0
Gener#1 #dministrative exp¢n5es
Wa¥es and Salaries (excluding directo[5)
Grani Received
Rates and Water Rates
Light. heat and power
Insurance
Ground Maintenance and W&%ie Disposal
relephone and fa.x
Computer software and maintenance costs
Trade subscriptions
Cleaning
Accountancy fees
24,120
125,0001
2.818
10,574
3,269
9.337
3.273
9.916
2.024
3.038
543
2.130
1,453
124
805
1.320
2.274
Thi5 page does noi form part of the ststutory fit]ancial statements.
Page 12

Manningham Mills Sport5 & Communilv Assoeiation Limited
IXBRL Detarled Profit and Loss Account for the Year Ended 31 December 2021
2021
2020
Bank charges
Dep￿CIation of fiX￿re5 and fJtting5 (owned)
188
106
175
1,760
Operating profil
57,130
5.250
Other interest receivable and similar iTrcome
Bank inieresi receivable
Profit before tax
22.136
20,900
10
52
This page does not form part of the sratutory financial ststements.
Page 13