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 2024
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 |
- 1 -
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 | |
| Philip 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 |
- 2 -
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 2024.
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 League Football 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:
-
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.
-
Ensuring everyone is treated equally and gives everyone the opportunity to participate in sport.
-
3 -
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 have 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 2023 - 24 Higginshaw ARLFC had a good season winning both Promotion to Division 3 and getting to final of the Oldham Championship Cup in August 2024, we have continued to develop youth teams with new teams, with a Tots Youth Academy team and a new team at Under 7’s and further develop of Under 12’s girls and boys teams in 2025.
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, we have recently let other local clubs and community groups use our pitch for training.
Plan for Future Periods
Higginshaw ARLFC had a successful season in 2024 we finished 4[th] in league getting to the Play-off semi-finals, we have continued to develop youth teams with new teams, with a Tots Youth Academy which has develop players into a new Under 7s team for 2025. We have a strong squad at U12s for new season, and a new Girls U12s team for 2025 season.
We have new users of our indoor facility with a group who delivers one to one Football training has started to use the facility for up to 6 hours a week and also, we have a new Ball Room dance class who have started to use the facility weekly, and a new Higginshaw Dance troupe called Higginshaw Royales who train at our facility 5 hours a week.
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.
Higginshaw Community Project have recently won a funding bid to develop the area around our main pitch providing 350 metres of public pathways, seating and waste bins for the public and dog walkers, with over 1,000 trees & shrubs being planted, which is well under way with trees going to be planted in spring 2025.
- 4 -
HIGGINSHAW COMMUNITY PROJECT LIMITED
TRUSTEES ANNUAL REPORT Continued
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.
Directors Responsibilities in relation to the Financial Statements
The Board have adopted the Charities SORP (FRS 102) ‘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 (FRS 102) [effective January 2019]’, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011 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:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
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:
-
there is no relevant audit information of which the charitable company’s auditors are unaware; and
-
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 16[th] of February 2025 and signed on their behalf by:
Kenneth John Mellor Director
- 5 -
HIGGINSHAW COMMUNITY PROJECT LIMITED
REPORT TO THE MEMBERS ON THE UNAUDITED FINANCIAL STATEMENTS OF HIGGINSHAW COMMUNITY PROJECT LIMITED
YEAR ENDED 30 JUNE 2024
I report on the accounts of Higginshaw Community Project Limited for the year ended 30 June 2024 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:
-
examine the accounts under s145 of the Charities Act 2011 (the 2011 Act)
-
follow the procedure laid down in the General Directions given by the Charity Commissioners (under s145(5)(b) of the 2011 Act, and
-
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 2024.
I can confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that:
-
accounting records were not kept in accordance with s386 of the Companies Act 2006; or
-
the accounts do not accord with such records; or
-
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
-
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 January 2019].
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.
21[st] March 2025
Miss Jacqueline Bird F.M.A.A.T.
Community Accounting Lancashire C.I.C. Foxfields, 9 Norley Close, Chadderton, Oldham, OL1 2RA
- 6 -
HIGGINSHAW COMMUNITY PROJECT LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 30 JUNE 2024
| Unrestricted Funds Restricted Funds 2024 2024 Notes £ £ Income from: Grants and donations 2 11,932 31,315 Charitable activities 3 9,492 - Interest Received 685 - Other income 4 1,886 - Total 23,995 31,315 Expenditure on: Raising funds 5 3,332 4,284 Charitable activities 6 13,539 4,465 Other expenditure - - Total 16,871 8,749 Net income/(expenditure) 7,124 22,566 Reconciliation of funds: Total funds brought forward 87,157 1,000 Transfer of Funds (119) 119 Total funds carried forward 94,162 23,685 |
Total Funds 2024 £ 43,247 9,492 685 1,886 55,310 7,616 18,004 - 25,620 29,690 88,157 - 117,847 |
Total Funds 2023 £ 10,194 10,309 98 896 21,497 6,784 14,493 - 21,277 220 87,937 - 88,157 |
|---|---|---|
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 16 to the accounts shows a comparative Statement of Financial Activities for the year ended 30 June 2023.
- 7 -
HIGGINSHAW COMMUNITY PROJECT LIMITED
BALANCE SHEET
AS AT 30 JUNE 2024
| Unrestricted | Restricted | 2024 | 2023 | ||
|---|---|---|---|---|---|
| Funds | Funds | Total | Total | ||
| Funds | Funds | ||||
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Fixed Assets | 7 | 92,198 | 4,240 | 96,438 | 91,398 |
| CURRENT ASSETS | |||||
| Debtors | 8 | 435 | - | 435 | - |
| Cash at Bank and in Hand | 5,509 | 19,445 | 24,954 | 2,139 | |
| 5,944 | 19,445 | 25,389 | 2,139 | ||
| CREDITORS: Amounts falling due | 9 | (3,980) | - | (3,980) | (5,380) |
| within one year | |||||
| NET CURRENT | |||||
| ASSETS/(LIABILITIES) | 1,964 | 19,445 | 21,409 | (3,241) | |
| CREDITORS: Amounts falling due | 10 | - | - | - | - |
| after one year | |||||
| NET ASSETS | 94,162 | 23,685 | 117,847 | 88,157 | |
| FUNDS OF THE CHARITY | |||||
| Unrestricted Funds | 94,162 | 87,157 | |||
| Restricted Funds | 23,685 | 1,000 | |||
| TOTAL FUNDS | 11 | 117,847 | 88,157 |
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director’s responsibilities:
-
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
-
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 21[st] of March 2025 and signed on its behalf by:
Kenneth John Mellor Director
- 8 -
HIGGINSHAW COMMUNITY PROJECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2024
1. ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared in accordance the Charities SORP (FRS 102) ‘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 (FRS 102) [effective January 2019]’, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
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.
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.
Fund Accounting
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.
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
Fixed assets are capitalised if they can be used for more than one year, and cost at least £1,000. They are initially recorded at cost and depreciated over their economic useful life.
Taxation
The charity is exempt from tax on its charitable activities.
- 9 -
HIGGINSHAW COMMUNITY PROJECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2024
2. Grants and donations
| 2. | Grants and donations | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | 2024 | 2023 | ||
| Funds | Funds | Total Funds | Total Funds | ||
| £ | £ | £ | £ | ||
| Grants: | |||||
| Greater Manchester Green Spaces | - | 18,945 | 18,945 | - | |
| Rugby Football League | - | 5,300 | 5,300 | - | |
| Football Foundation | - | 3,600 | 3,600 | - | |
| Energy Audit Grant | - | 2,500 | 2,500 | - | |
| Forever Manchester | - | 970 | 970 | - | |
| Tesco & Groundwork Grant (Kitchen) | - | - | - | 1,000 | |
| Asda Community Grant | - | - | - | 500 | |
| Action Together: | |||||
| Youth Team Coaching Course | - | - | - | 952 | |
| TOTS Kit & Equipment | - | - | - | 902 | |
| HMRC Gift Aid | 7,499 | - | 7,499 | - | |
| Donations and Memberships | 4,433 | - | 4,433 | 6,840 | |
| 11,932 | 31,315 | 43,247 | 10,194 | ||
| 3. | Charitable activities | ||||
| Unrestricted | Restricted | 2024 | 2023 | ||
| Funds | Funds | Total Funds | Total Funds | ||
| £ | £ | £ | £ | ||
| Youth Teams | 693 | - | 693 | 1,955 | |
| Open Age | 1,368 | - | 1,368 | 1,911 | |
| Room Hire | 2,031 | - | 2,031 | 1,043 | |
| Rental income | 5,400 | - | 5,400 | 5,400 | |
| 9,492 | - | 9,492 | 10,309 | ||
| 4. | Other income | ||||
| Unrestricted | Restricted | 2024 | 2023 | ||
| Funds | Funds | Total Funds | Total Funds | ||
| £ | £ | £ | £ | ||
| Sundry Income | 1,886 | - | 1,886 | 896 | |
| 1,886 | - | 1,886 | 896 | ||
| 5. | Raising funds (cost of generating voluntary income) | ||||
| Unrestricted | Restricted | 2024 | 2023 | ||
| Funds | Funds | Total Funds | Total Funds | ||
| £ | £ | £ | £ | ||
| Rugby team running costs | 316 | 370 | 686 | 801 | |
| Building costs | 3,016 | 3,914 | 6,930 | 5,983 | |
| 3,332 | 4,284 | 7,616 | 6,784 |
- 10 -
HIGGINSHAW COMMUNITY PROJECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2024
6. Charitable activities
| Unrestricted Direct Costs Restricted Direct Costs Unrestricted Support Costs Restricted Support Costs £ £ £ £ Mortgage interest 32 - - - Expenditure for building 2,048 - - - Expenditure for garden/pitch 2,679 2,814 - - Equipment for rugby teams 7,684 591 - - Depreciation 200 1,060 - - Independent examination - - 730 - Other governance costs - - 166 - 12,643 4,465 896 - |
2024 Total Funds £ 32 2,048 5,493 8,275 1,260 730 166 18,004 |
2023 Total Funds £ 408 2,070 1,613 9,894 - 445 63 14,493 |
|---|---|---|
Total resources expended are stated after charging:
| Independent Examination fees Filing fees |
2024 £ 730 50 780 |
2023 £ 445 50 495 |
|---|---|---|
No Trustees were paid any remuneration or expenses during the course of the year (2023: nil).
7. Tangible fixed assets
| Land & Buildings Pitch Equipment Rugby Team Equipment Cost or Valuation £ £ £ Cost at 01/07/23 91,398 6,300 - Additions - - - Revaluations - - - Disposals - - - Cost at 30/06/24 91,398 6,300 - Accumulated Depreciation Accumulated Depreciation at 01/07/23 - - - Depreciation charge for the year - 1,260 - Revaluations - - - Disposals - - - Accumulated Depreciation at 30/06/24 - 1,260 - Net Book Value Net Book Value at 30/06/23 91,398 - - Net Book Value at 30/06/24 91,398 5,040 - |
Total £ 97,698 - - - 97,698 - 1,260 - - 1,260 91,398 96,438 |
|---|---|
- 11 -
HIGGINSHAW COMMUNITY PROJECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2024
8. Debtors
| Prepayments Other debtors reditors: Amounts falling due within one year Banks loans and overdrafts* Other creditors Accruals and deferred income |
2024 £ 435 - 435 2024 £ - 3,200 780 3,980 |
2023 £ - - - 2023 £ 2,180 3,200 - 5,380 |
|---|---|---|
9. Creditors: Amounts falling due within one year
* Mortgage balance of £2,180 as at 30[th] June 2023, now fully discharged.
10. Creditors: Amounts falling due after one year
The mortgage secured against the St Stephens building was fully paid and during the financial year.
11. Funds
| unds | |||||
|---|---|---|---|---|---|
| Balance as | Incoming | Resources | Transfer | Balance as | |
| at 1 July | Resources | Expended | of Funds | at 30 June | |
| 2023 | 2024 | ||||
| £ | £ | £ | £ | £ | |
| Unrestricted Funds | 87,157 | 23,995 | (16,871) | (119) | 94,162 |
| Restricted Funds: | |||||
| Greater Manchester Green Spaces | - | 18,945 | (295) | - | 18,650 |
| Rugby Football League** | - | 5,300 | (1,060) | - | 4,240 |
| Football Foundation | - | 3,600 | (2,814) | - | 786 |
| Energy Audit Grant | - | 2,500 | (2,500) | - | - |
| Forever Manchester | - | 970 | (961) | - | 9 |
| Tesco & Groundwork Grant | 1,000 | - | (1,119) | 119 | - |
| 1,000 | 31,315 | (8,749) | 119 | 23,685 | |
| Total Funds | 88,157 | 55,310 | (25,620) | - | 117,847 |
** Rugby Football League grant of £5,300 was fully utilised in the year ended 30[th] of June 2024 towards the purchase of a Multi Slitter. The full cost of the asset was £6,300, funded by the grant and the charity’s unrestricted, general funds. In line with policy, the asset was capitalised and depreciated over 5 years, with the first year’s depreciation costs of £1,260 included in this financial year (£1,060 restricted; £200 unrestricted).
12. Mortgage on St Stephens property
The charity had a mortgage secured against the St Stephens building, where the balance of £2,180 was brought forward as at the 30[th] of June 2023. The mortgage was fully paid in November 2023. The building is currently valued at cost of £91,398.
- 12 -
HIGGINSHAW COMMUNITY PROJECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2024
13. 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.
14. Related party disclosures
There were no related party transactions for the year ended 30[th] June 2024.
15. 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.
16. Comparative information (previous years)
| Unrestricted Funds Restricted Funds 2023 2023 Notes £ £ Income from: Grants and donations 2 9,194 1,000 Charitable activities 3 10,309 - Interest Received 98 - Other income 4 896 - Total 20,497 1,000 Expenditure on: Raising funds 5 6,784 - Charitable activities 6 14,493 - Other expenditure - - Total 21,277 - Net income/(expenditure) (780) 1,000 Reconciliation of funds: Total funds brought forward 87,937 - Total funds carried forward 87,157 1,000 |
Total Funds 2023 £ 10,194 10,309 98 896 21,497 6,784 14,493 - 21,277 220 87,937 88,157 |
|---|---|
- 13 -