Company Registration Number: 6633689 Charity Registration Number: 1125707
HIGGINSHAW COMMUNITY PROJECT LIMITED A Company Limited By Guarantee TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS For The Year Ended 30 June 2021
HIGGINSHAW COMMUNITY PROJECT LIMITED
CONTENTS
| Page | |
|---|---|
| Members of the Board and professional advisers | 2 |
| Trustees Annual Report | 3-5 |
| Independent Examination | 6 |
| Statement of Financial Activities (incorporating the income | 7 |
| and expenditure account) | |
| Balance Sheet | 8 |
| Notes to the financial statements | 9 -13 |
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HIGGINSHAW COMMUNITY PROJECT LIMITED
MEMBERS OF THE BOARD AND PROFESSIONAL ADVISORS
| Registered Charity Name | Higginshaw Community Project Limited |
|---|---|
| Charity Number | 1125707 |
| Company Number | 6633689 |
| Registered Office | 36 Grasmere Road |
| Royton | |
| Oldham | |
| OL2 6SR | |
| Directors and Trustees | Alan Howarth |
| Kenneth John Mellor | |
| Bernard Ward | |
| John Paul Slattery | |
| Kathryn Ward | |
| Phillip Ward | |
| Secretary | Kenneth John Mellor |
| Independent Examiners | Community Accounting Lancashire C.I.C. |
| Foxfields | |
| 9 Norley Close | |
| Chadderton | |
| Oldham | |
| Lancashire | |
| OL1 2RA | |
| Bankers | Royal Bank of Scotland Plc |
| Drummond House | |
| 1 Redheughs Avenue | |
| Edinburgh | |
| EH12 9JN | |
| Santander | |
| Bootle | |
| Merseyside | |
| L30 4GB |
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HIGGINSHAW COMMUNITY PROJECT LIMITED
TRUSTEES ANNUAL REPORT
The trustees and directors for the purposes of company law, present their annual report and the unaudited financial statements of the charity for the year ended 30 June 2021.
Structure, Governance and Management
Governing Document
Higginshaw Community Project (HCP) is a charitable company limited by guarantee, incorporated on 30 June 2008 and registered as a charity on the same date.
Recruitment and Training of Trustees
Trustees have all been recruited in line with the governing documents policies and all have donated time towards the Charities objectives.
Organisational Management
Management comprises of Chairman, Secretary and Treasury roles along with non specific Trustee roles. Frequent board meetings are held and all points raised are noted and minutes published to trustees.
Group Structure and Relationships
As a local community organisation we have partnerships in place with the majority of local authorities and other public and private sector bodies including Action Together, Oldham Metropolitan Borough Council, Groundwork Oldham and Rochdale, Styles and Wood Plc and many other local sporting and community based activity groups.
Public Benefit
Our organisation has public benefit at the core of its objectives. We work constantly to engage within the local community in order to provide a multi functional facility for use of local sporting groups, focus groups and private sector functions as well as looking after the training requirements of our internal sporting clubs, known as Higginshaw Rugby Club.
Risk Management
Risk is managed continuously by all trustees on an ongoing basis. We have done this by implementing a rigid financial structure that allows us to monitor our financial risk continuously.
Objectives, Aims and Activities
Purposes and Aims
Our Charity’s purposes as set out in the objects contained in the memorandum of association are to:
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The Charity’s Objects (the Objects) are the promotion of community participation in healthy recreation by the provision of facilities for the playing of rugby league football, and provide a provision for local community groups to take part in organised community activities.
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Ensuring everyone is treated equally and gives everyone the opportunity to participate in sport.
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HIGGINSHAW COMMUNITY PROJECT LIMITED
TRUSTEES ANNUAL REPORT Continued
Ensuring our work delivers our aims
We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the successes of each key activity and the benefits they have brought to those groups of people we are set up to help. The review also helps us ensure our aim, objectives and activities are remained focused on our stated purpose.
The trustees have regard to the guidance issued by the Charity Commission on public benefit and discuss this at our trustee’s meetings where we plan and make decisions for the carrying out of our activities to which the guidance is relevant, and ensure we are reviewing our aims and objectives and in planning our future activities.
The focus of our work
Our main objective for the year
In 2020 we managed to field 2 teams in North West Men’s Summer Rugby after forming a new second team for the first time in 30 years, the first team playing in Division 4, and the new 2[nd] Team playing in Division 5 in 2020, with the First team finishing joint 2[nd] in division, we have successfully fielded 2 new youth teams at Under 7’s and Under 8’s.
In 2021 we finally completed the £121,000 refurbishment of our rugby pitch which we have been working with Sport England to get it completed after 5 years of delays due to further funding and legal delays, the project was funded by Sport England and by Higginshaw ARLFC.
This is an exciting development which gives us one of the best pitches in the area, and will be used by the local community.
Plan for Future Periods
Having formed a new open age 2[nd] Team who played in Division 5 in 2021, we have continued to develop youth teams with new teams at Under 7’s and further develop U8’s and Under 9’s teams in 2022.
Hopefully with increased numbers attending training, we are looking to further develop an additional youth team in the coming 12 months.
Higginshaw ARLFC are still looking to develop the area above the dressing rooms into an area for community use as meeting rooms and classrooms for educational use, we are currently looking for funding to enable this development.
Financial Review
Reserves Policy
The trustees adopt a strict reserves policy whereby any funding received is specifically ring fenced for charitable activities. The last two years have seen the majority of income being unrestricted however this is due to the nature of the monies received. It is expected that going forward, with the implantation of the new financial structure that fund accounting may be necessary.
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HIGGINSHAW COMMUNITY PROJECT LIMITED
TRUSTEES ANNUAL REPORT Continued
Directors Responsibilities in relation to the Financial Statements
The Board have adopted the provision of the Charities SORP (FRS 102) – Accounting and Reporting by Charities: Statement of Recommended practice applicable in the UK and Republic of Ireland [issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016 and also Update Bulletin 2 published on 5 October 2018)] in preparing the annual report and financial statements of the charity. The accounts have been prepared in accordance with the Companies Act 2006.
The trustees (who are also directors of Higginshaw Community Project Limited for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and with the provision for small companies.
Company law requires the trustees to prepare financial statements 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.
In preparing the financial statements, the directors are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
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there is no relevant audit information of which the charitable company’s auditors are unaware; and
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the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information.
The report of the members of the board were approved by the Board on the 28[th] of January 2022 and signed on their behalf by:
Kenneth John Mellor Director
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HIGGINSHAW COMMUNITY PROJECT LIMITED
REPORT TO THE MEMBERS ON THE UNAUDITED FINANCIAL STATEMENTS OF HIGGINSHAW COMMUNITY PROJECT LIMITED
YEAR ENDED 30 JUNE 2021
I report on the accounts of Higginshaw Community Project Limited for the year ended 30 June 2021 set out on pages 7 to 13.
Respective Responsibilities of Trustees and Examiner
The charity’s trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (the 2006 Act). The trustees consider that an audit is not required for this year, and that an independent examination is needed under s144 (2) of the Charities Act 2011 (the 2011 Act).
Having satisfied myself that the charity is not subject to audit under company law (part 16 of the 2006 Act) and is eligible for independent examination, it is my responsibility to:
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examine the accounts under s145 of the Charities Act 2011 (the 2011 Act)
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follow the procedure laid down in the General Directions given by the Charity Commissioners (under s145(5)(b) of the 2011 Act, and
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to state whether particular matters have come to my attention.
Basis of Independent Examiners Opinion
My examination was carried out in accordance with General Directions given by the Charity commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an opinion as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent Examiners Statement
I have completed my examination for the year ended 30 June 2021.
I can confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that:
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accounting records were not kept in accordance with s386 of the Companies Act 2006; or
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the accounts do not accord with such records; or
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the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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
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the accounts have not been prepared in accordance with the methods and principles of the Charities SORP (FRS 102) – Accounting and Reporting by Charities: Statement of Recommended Practice applicable in the UK and Republic of Ireland (effective 1 January 2015, and including update bulletins on 2 February 2016 and 5 October 2018).
I have no concerns and have come across no matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
31[st] January 2022
Miss Jacqueline Bird F.M.A.A.T.
Community Accounting Lancashire C.I.C. Foxfields, 9 Norley Close, Chadderton, Oldham, OL1 2RA
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HIGGINSHAW COMMUNITY PROJECT LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 30 JUNE 2021
| Unrestricted Funds Restricted Funds 2021 2021 Notes £ £ Income from: Grants and donations 2 1,782 21,355 Charitable activities 3 8,200 - Interest Received 17 - Other income 4 28,549 - Total 38,548 21,355 Expenditure on: Raising funds 5 3,059 - Charitable activities 6 30,175 2,021 Other expenditure - - Total 33,234 2,021 Net income/(expenditure) 5,314 19,334 Reconciliation of funds: Total funds brought forward 83,248 - Total funds carried forward 88,562 19,334 |
Total Funds 2021 £ 23,137 8,200 17 28,549 59,903 3,059 32,196 - 35,255 24,648 83,248 107,896 |
Total Funds 2020 £ 25,168 5,488 27 1,505 32,188 561 13,469 - 14,030 18,158 65,090 83,248 |
|---|---|---|
The statement of financial activities contains all gains and losses for the year and all activities relate to continuing operations. The profit for the purposes of the Companies Act 2006 is the net incoming resources before unrealised losses/gains.
The notes on pages 9 to 13 form part of these financial statements.
Note 15 to the accounts shows a comparative Statement of Financial Activities for the year ended 30 June 2020.
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HIGGINSHAW COMMUNITY PROJECT LIMITED
BALANCE SHEET
AS AT 30 JUNE 2021
| 2021 Notes £ FIXED ASSETS Tangible Fixed Assets 7 CURRENT ASSETS Cash at Bank and in Hand 35,791 35,791 CREDITORS: Amounts falling due within one year 8 (10,664) NET CURRENT ASSETS/(LIABILITIES) CREDITORS: Amounts falling due after one year 9 NET ASSETS FUNDS OF THE CHARITY Unrestricted Funds Restricted Funds TOTAL FUNDS 10 |
2020 £ £ 91,398 17,718 17,718 (10,664) 25,127 (8,629) 107,896 88,562 19,334 107,896 |
£ 91,398 7,054 (15,204) 83,248 83,248 - 83,248 |
|---|---|---|
For the year ending 30 June 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director’s responsibilities:
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i. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476
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ii. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The accounts are prepared in accordance with the provisions applicable to companies’ subject to the small companies’ regime and in accordance with Charities SORP (FRS 102).
The accounts were approved by the Board of Directors on the 28[th] of January 2022 and signed on its behalf by:
Kenneth John Mellor Director
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HIGGINSHAW COMMUNITY PROJECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2021
1. ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016 and also Update Bulletin 2 published on 5 October 2018) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Incoming resources
All income, including grants, is recognised once the charity has entitlement to the income. It is probable that the income will be received, and the amount of income receivable can be measured reliably.
Restricted funds are to be used for specified purposes as laid down by the donor. Expenditure which meets these criteria’s is identified to the fund, together with a fair allocation of overheads and support costs.
Unrestricted funds are donations and other incoming resources received or generated for charitable purposes.
Resources expended
All expenditure is accounted for on an accruals basis.
All expenses including support costs and governance costs are allocated or apportioned to applicable expenditure headings.
Charitable expenditure shall include all expenditure directly related to the objects of the charity including the cost of goods and services and ancillary trading costs that have been incurred in charitable activities.
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required, and the amount for the obligation can be measured reliably.
Governance costs
Governance costs shall include all expenditure directly related to the administration of the charity including expenditure incurred in the management of the charity's assets, organisational administration and compliance with charitable and statutory requirements.
Fixed assets
All fixed assets are initially recorded at cost.
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HIGGINSHAW COMMUNITY PROJECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2021
2. Grants and donations
| rants and donations | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | 2021 | 2020 | |
| Funds | Funds | Total Funds | Total Funds | |
| £ | £ | £ | £ | |
| Grants: | ||||
| Sport England Lottery Funding | - | 19,334 | 19,334 | 7,861 |
| Forever Manchester Funding | - | 2,021 | 2,021 | - |
| OMBC Small Business Grant | - | - | - | 10,000 |
| Donations and memberships | 1,782 | - | 1,782 | 7,307 |
| 1,782 | 21,355 | 23,137 | 25,168 |
| 3. Charitable activities Unrestricted Funds Restricted Funds 2021 Total Funds Tota £ £ £ Youth Teams 1,575 - 1,575 Open Age 1,675 - 1,675 Rental income 4,950 - 4,950 8,200 - 8,200 4. Other income Unrestricted Funds Restricted Funds 2021 Total Funds Tota £ £ £ HMRC Gift Aid 5,805 - 5,805 Local Restrictions Support Grant 14,206 - 14,206 Restart Grant Award 8,000 - 8,000 Sundry Income 538 - 538 28,549 - 28,549 |
2020 l Funds £ - - 5,488 5,488 2020 l Funds £ - - - 1,505 1,505 |
|---|---|
During the period the charity benefitted from a total of £22,206 of Government Grants (£14,206 from the Local Restriction Support Grant and £8,000 from the Restart Grant Award). In accordance with accounting policy, this credit is included in ‘Other Income’ within the ‘Statement of Financial Activities (incorporating the Income and Expenditure Accounts)’ in the period for which they compensate.
5. Raising funds (cost of generating voluntary income)
| Unrestricted Funds Restricted Funds Total £ £ Rugby team running costs 546 - Building costs 2,513 - 3,059 - |
2021 Funds Tota £ 546 2,513 3,059 |
2020 l Funds £ 561 - 561 |
|---|---|---|
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HIGGINSHAW COMMUNITY PROJECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2021
6. Charitable activities
| Unrestricted Direct Costs Restricted Direct Costs Unrestricted Support Costs Restricted Support Costs £ £ £ £ Mortgage interest 889 - - - Expenditure for building - - 8,420 - Expenditure for garden/pitch - - 18,119 - Equipment for rugby teams 2,239 2,021 - - Independent examination - - 445 - Other governance costs - - 63 - 3,128 2,021 27,047 - tal resources expended are stated after charging: 2021 £ Independent Examination fees 495 |
2021 Total Funds £ 889 8,420 18,119 4,260 445 63 32,196 |
2020 Total Funds £ 1,318 5,061 4,157 2,570 300 63 13,469 2020 £ 445 |
|---|---|---|
Total resources expended are stated after charging:
No Trustees were paid any remuneration or expenses during the course of the year.
7. Tangible fixed assets
| Freehold Land & Building Cost or valuation £ Cost at 01/07/20 & 30/06/21 91,398 Accumulated Depreciation Accumulated Depreciation at 01/07/20 & 30/06/21 - Net Book Value Net Book Value at 30/06/20 & 30/06/21 91,398 reditors: Amounts falling due within one year 2021 £ Banks loans and overdrafts 7,464 Other creditors 3,200 Accruals and deferred income - 10,664 reditors: Amounts falling due after one year 2021 £ Banks loans and overdrafts 8,629 Other creditors - 8,629 |
Total £ 91,398 - 91,398 2020 £ 7,464 3,200 - 10,664 2020 £ 15,204 - 15,204 |
|---|---|
8. Creditors: Amounts falling due within one year
9. Creditors: Amounts falling due after one year
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HIGGINSHAW COMMUNITY PROJECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2021
10. Funds
| unds | ||||
|---|---|---|---|---|
| Balance as at | Incoming | Resources | Balance as at | |
| 1 July 2020 | Resources | Expended | 30 June 2021 | |
| £ | £ | £ | ||
| Unrestricted Funds | 83,248 | 38,548 | (33,234) | 88,562 |
| Restricted Funds: | ||||
| Sport England Lottery Funding | - | 19,334 | - | 19,334 |
| Forever Manchester Funding | - | 2,021 | (2,021) | - |
| - | 21,355 | (2,021) | 19,334 | |
| Total Funds | 83,248 | 59,903 | (35,255) | 107,896 |
11. Mortgage on St Stephens property
The charity has a mortgage secured against the St Stephens building, the value of the mortgage as at 30[th] June 2021 is £16,093 (2020: £22,668). This is secured against the value of the building which is currently valued at cost of £91,398.
12. Company status
The charity is limited by guarantee and has no share capital. There are 6 members and the liability of each member in the event of winding up is limited.
13. Corporation Tax
Tax Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.
14. Related Parties and Transactions
Kenneth John Mellor and Bernard Ward are also trustees at “Higginshaw A.R.L.F.C. (un-incorporated)” who are associated with “Higginshaw Community Project Limited [registered charity number 1125707; companies house registered number 6633689 (the ‘charity’)]” in that the ‘charity’ was previously known as Higginshaw A.R.L.F.C. before incorporating as a ‘charitable company’, and they share the same premises and facilities.
A grant of £116,190 from Sport England Lottery Funding has been received by Higginshaw A.R.L.F.C. During the financial year ended 30[th] June 2021 Higginshaw Community Project Limited paid £5,000 to Higginshaw A.R.L.F.C. for a contribution towards pitch drainage works being carried out.
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HIGGINSHAW COMMUNITY PROJECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2021
15. Comparative Information (previous years)
| Unrestricted Funds Restricted Funds 2020 2020 Notes £ £ Income from: Grants and donations 2 25,168 - Charitable activities 3 5,488 - Interest Received 27 Other income 1,505 - Total 32,188 - Expenditure on: Raising funds 4 116 445 Charitable activities 5 6,562 6,907 Other expenditure - - Total 6,678 7,352 Net income/(expenditure) 25,510 (7,352) Reconciliation of funds: Total funds brought forward 57,738 7,352 Total funds carried forward 83,248 - |
Total Funds 2020 £ 25,168 5,488 27 1,505 32,188 561 13,469 - 14,030 3,970 65,090 83,248 |
|---|---|
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