Docusign Envelope ID.. EAOOB1 F5-94CNOF1-A4E2-F3E6EOF45721 Company registration number 05317940 (England and Walesl MANNINGHAM MILLS SPORTS & COMMUNITY ASSOCIATION LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 • xeinadin
Docusign Envelope ID.. EAOOB1F5-94C040F1-ME2-F3E6EOF45721 MANNINGHAM MILLS SPORTS & COMMUNITY ASSOCIATION LIMITED COMPANY INFORMATION Directors D Da¢res C Ellis K Elli5 M Kaye A J Shepherd R N Stead Secretsry R N Stead Company number 05317940 R•gl8tsred offico Scotchman Road Bradford West Yorkshire BD9 SAT Accountants Xeinadin Yorkshire & North East Limited Unit 26G Springfield Commercial Centre Bagley Lane Farsley Leeds LS28 SLY
Docusign Envelo ID.. EAOO81 F&94CO-40F1-A4E243E6EOF45721 MANNINGHAM MILLS SPORTS & COMMUNITY ASSOCIATION LIMITED CONTENTS Page Directors, report Accountants, report Income and expenditure account Stat&ment of comprehensive inc0rn8 Balance sheet Statement of changes in equity Notes to th8 financial statements 7-10
Docusign Envelope ID.. EAoOB1F5-94C4OF1.A4E2-F3E6EOF4s72l MANNINGHAM MILLS SPORTS & COMMUNITY ASSOCIATION LIMITED DIRECTORS, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The directors present their annual report and financial statements for the year ended 31 December 2024. Principal activities The principal activity of the company continued to be that of sports and recreation edu¢alion, and activities of other membership organisations not elsewhere classified Directors The directors who held office during the year and up to th8 date of signature of the financial stslemenls were as follows: D Da¢res C Ellis K Ellis M Kaye A J Shepherd R N Stead Small companies exemptlon This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the CompaniesAcl 2006 On behaN of the board Dwu8lgn•d by,. 140D1405A8401... ay8 Dlre¢tor 24 March 2025
Docusiyn Erwelope ID.. EADOB1F5-94CIHOF1-A4E2-F3E6EOF45721 MANNINGHAM MILLS SPORTS & COMMUNITY ASSOCIATION LIMITED ACCOUNTANTS, REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MANNINGHAM MILLS SPORTS & COMMUNITY ASSOCIATION LIMITED FOR THE YEAR ENDED 31 DECEMBER 2024 In order to assist you to fulfil your duties under the Companies Act 2006, wè have prepared for your approval the financial statements of Manningham Mills Sports & CommunityAssociation Limited forlhe year ended 31 December 2024 which comprise the income and expenditure account, the statement of comprehensive income, the balan¢8 sheet, the slalement of changes in equity and the related notes from the company's accounting records and from information and explanations you have given u5. As a practising member firm of the Instilute of Chartered Accounlanls in England and Wales (ICAEW), we are subjed lo its ethical and other professional requirements which are detailed at https..1.1caew.cornlregUlaI1On. This report is made solely to the board of directors of Manningham Mills Sports & Community Association Llmited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Manningham Mills Sports & Community Association Limited and state those matters that we have agreed to slate lo the board of diraclor$ of Manningham Mills Sports & Community Association Limited, as a body, in this report in accordance with ICAEW Technical Release 07116 AAF. To the fullest extent permitted by law, w6 do nol accept or assume responsibility to anyone other than Manningham Mills Sports & Community Association Limited and its board of directors as a body, for our work or for this report. It is your duty to ensure that Manningham Mills Sports & Community Association Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of thè assets, liabilities, financial posttion and deficil of Manningham Mills Sports & Community Association Limited. You consider that Manningham Mills Sports & Community Association Limited is exempt from the slatutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial stalements of Manningham Mills Sports & Community Associalion Limited. For this reason, we have not verified the accuracy or completeness of the accounting re¢ords or information and explanations you have given to us and we do not, therefore. express any opinion on the stalutory financial slatemenls. ia,. VorkJkn { Th}0r eLk Xelnadln Yorkshlre & North Ea8t Llmltod Unit 26G Springfield Commercial Centre Bagley Lane Farsley Leeds LS28 SLY 24 March 2025
Do¢ugign Envelope ID.. EAOOB1FS-94C040F1-A4E2-F3E6EOF45721 MANNINGHAM MILLS SPORTS & COMMUNITY ASSOCIATION LIMITED INCOMEAND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Nots8 Income Cost of sales 168,559 (164,556) 152,457 (82,196) Gross surplus 4,003 70,281 AdministratlV8 expenses (29,806) (66,068) Oporatlng (dofl¢lt)Isurplu8 <25,803) 4,193 Interest recelvable and similar income 1,466 1,865 (Deflclt)18urplu8 before tsxatlon (24.337) 6,058 Tax on (deficit)Isurplus (Deflclt)l$urplus for the flnan¢lal yoar {24,337) 6,058 The above result5 were derived from continuing operations. The company has no recognised gains or losses for the year other than the results above.
Docusign Envelope ID.. EAO0B1F5-94C(4OF1-A4E2-F3E6EOF4s72l MANNINGHAM MILLS SPORTS & COMMUNITY ASSOCIATION LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 IDeficit)Isurplus for the year (24,337) 6,058 Other comprehenslvg Income Total comprehenslve In¢ome for the year (24,337) 6,058
Docustgn Envelope ID.. EA0081F&94C040F1-A4E2-F3E6EOF45721 MANNINGHAM MILLS SPORTS & COMMUNITY ASSOCIATION LIMITED BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Notes Flxed assots Tangible assets 1,094,708 1,095,133 Current assets Stocks Debtors Cash al bank and in hand 1,315 2,271 100,639 987 12,294 115,305 104,225 128,586 Credltors: amounts falllng due wlthln one year (1,716) (2,165) Not current assets 102,509 126,421 Nat assets 1.197,217 1,221,554 Ros0rvo8 Income and expenditure account 1,197,217 1,221,554 Total membar8' funds 1,197.217 1,221,554 For the financial year ended 31 December 2024 the company was enlitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companles. The members have not required the company to obtain an audlt of its financial statements for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying wllh the requlrements of the Companies Act 2006 with respect lo accounting records and the preparation of financial slatements. These financial slalemenls have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the board of directors and authorised for issue on 24 March 2025 and are signed on its behalf by.. DprySlan•d tyv.. D149&WOI Director Company registration number 05317940 (England and Wales)
Docu8ign Envelope ID.. EAOOB1F5-94CNOF1-A4E2-F3E6EOF45721 MANNINGHAM MILLS SPORTS & COMMUNITY ASSOCIATION LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2024 Income and expenditure Balance at 1 January 2023 1,215,496 Year ended 31 December 2023: Surplus and totsl mprehenSive income 6,058 Balance at 31 December 2023 1,221,554 Ygar ended 31 December 2024: Deficit and total comprehensive income (24,3371 Balance at 31 December 2024 1,197,217
Docusign Efwelope ID.. EAOOB1F5-94CNOF1-A4E2-F3E6EOF45721 MANNINGHAM MILLS SPORTS & COMMUNITY ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policles Company informatlon The company is a private company limited by share capital, incorporated in England and Wales. The address of ils registered office Is.. Scotchman Road Bradford West Yorkshir8 BD9 SAT 1.1 Accountlng convention Summary of 8lgnlflcant accountlng policies and key accountlng estlmatss The principal accounting policies applied in the preparation of these financial stalemenls are set out below. These policies have been consistently applied to 811 the years presented, unless otheNise slated. statemont of compllance These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the Unit&d Kingdom and Republic of Ireland and the Companies Act 2006,. Basls of preparatlon These financial statements have been prepared using the historical cost convention except that as dlsclosed In the accounting policies Certain items are shown at fair value. 1.2 Golng concern The financial statements have been prepared on a going concem basls. 1.3 Income and expendlture Income and expenses are included in Ihe financial stalements as they becom8 receivable or due. Expenses include VAT where applicable as the company nn0t reclaim it. 1.4 Tangible flxed assets Tangible assets are staled in the balance sheet at cosl, less any subsequent accumulated depreciation and subsequent accumulated impaiiment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is charged so as to write off the cost of assets, other than land and properties under construdion over their estimated useful lives, as follows: Freehold land and buildings Fixtures and fittings 50 Years Straight Line 4 Years Straight Line
Dowsign Envelo ID: EAOOB1F5-94CO-40FI-A4E2-F3E6EOF45721 MANNINGHAM MILLS SPORTS & COMMUNITY ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng policies Icontlnued) 1.5 Stockg Stocks are slated al the lower of cost and estimated selling price less costs lo complete and sell. Cost is detemiined using the first-in, first-out (FIFO) method. The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overhead5 that have been incurred in bringing the inventories to their present location and condition. At each reporting date, slocks are assessed for impairment. If stocks are impaifed, thè Carrying amount is reduced to its selling price less costs to complete and sell- the impairment loss is recognised immediately in proffl or loss. 1.6 Cash and cash equlvalents Cash and ¢ash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. 1.7 Taxation The company is exempt from corporation tax, rt belng a company nol carrying on a business for the purposes of making a profit. 1.8 Trade Debtors Trade debtors are amounts due from customers for merchandlse sold or services performèd in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts du8 according lo the original terms of the receivables. 1.9 Trade Crodltors Trade creditors are obligations to pay for goods or s81vi¢es that have been acquired in thé ordinary course of business from suppliers. Accounts payable are classifi8d as current liabilities if the company does not have an unconditional right, at the end of the reporting period, lo defer settlement of the creditor for at leasl twelve months after the reporting date. If Ihere is an unconditional right to defer settlement for at least e1ve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at Ihe transaction price and subsequently measured al amortised cost using the 8ffedive Interest method. Operatlng Idefl¢lt)Isurplus 2024 2023 Operaling (defi¢it)Isurplus for the year is stated after charging.. Depreciation of owned tangible fixed assets 425 425
Docuslgn EnveloFe ID.. EAOOB1F5-94C(h40F1-A4E2-F3E6EOF45721 MANNINGHAM MILLS SPORTS & COMMUNITY ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Tangible fjxed assets Frnghold land Flxtures and •nd bulldln flttlng$ Total Cost At 1 January 2024 and 31 December 2024 1,139,678 1,700 1,141,378 Depreclation and Impairment At 1 January 2024 DepCiatIon charged In the year 45,288 957 425 46,245 425 At 31 December 2024 45,288 1,382 46,670 Carrying amount At 31 December 2024 1,094,390 318 1,094,708 Al 31 December 2023 1,094,390 743 1,095,133 Included within the net book value of land and buildings above is £1,094,390 (2023 - £1,094,390) In respect of freehold land and buildings. stocks 2024 2023 Finished goods and goods for resale 1,315 987 Debtors 2024 2023 Amounts falllng duo wlthln one year: Other debtors Prepayments and accrued income 10,000 2,294 2,271 2,271 12,294 Credltors: amounts falling due wlthin one year 2024 2023 Taxation and social security Accruals and deferred income 449 1,716 1,716 1,716 2,165
DOCUSIgEfiYe10pe ID.. EAOOB1 F5-94C(k40FI-A4E2-F3E6EOF45721 MANNINGHAM MILLS SPORTS & COMMUNITY ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Members. Ilability The cornpany is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1. 10-
DOSIgn Envelope ID.. EAOOB1 F5-94C1>40F1-A4E2-F3E6EOF45721 MANNINGHAM MILLS SPORTS & COMMUNITY ASSOCIATION LIMITED DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2024 2023 2023 Income Bar Takings Sales - Hire of Facilities Windrush Festival Sales- Jump Course Fees Council Holiday Scheme Rounders England Grant5 and Subsidies 25,997 16,145 21,691 14,712 13,000 40,988 13,330 27,000 2,375 19,361 36,000 32,480 57,937 168,559 152,457 Cost of sales Opening stock of raw materials 987 557 Purchases and other direct costs Bar Purchases Windrush Festival Expenses Council Holiday Scheme Grants and Subsldies expenses Jump Expenses Boxing Sessions - jump continuation Byron proj&ct delivery and management charges 14,574 11,118 22,080 9,342 21,500 27.270 59,000 11.849 20,669 24,000 9,138 16,970 Total purchases and other direct costs 164,884 82,626 Closing stock of raw mat8rials 1,315 987 Total cost of sales (164,556) (82,196) Gross 8urplu8 2.370A 4,003 46.09% 70,261 Adrnlnlstrntlve expense• Wages and salaries Rates Cleaning Waste disposal & Ground maintenance Power, light and heat Repairs and renewals Computer running costs Subscriptions Consultancy fees Accountancy Bank charges Insurance Telecommunications Depreciation 29,468 2,391 1,050 12,950 10,073 588 1,863 180 1,113 3,913 11,068 2,448 195 3,485 2,548 120 3,330 1,161 425 2,511 141 3,236 1,192 425 (29,806) (66.068)
Docusign Envelope ID.. EAOOB1F5.94C040F1-A4E2-F3E6EOF45721 MANNINGHAM MILLS SPORTS & COMMUNITY ASSOCIATION LIMITED DETAILED INCOME AND EXPENDITURE ACCOUNT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2024 2023 2023 Operatlng (deficlt)Isurplus (25,803) 4,193 Interest receivable and similar Incomo Bank interest received 1,466 1,865 1,466 1,865 IDeflcltllsurplus before taxatlon 14.44% (24,337) 3.97% 6,058