THE MONDAY CLUB LEICESTERSHIRE LIMITED
(A company limited by guarantee)
Report and Financial Statements
Year ended: 31[st] March 2024
Charity No: 1126179 Company No: 6384957
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| CONTENTS | Page |
|---|---|
| Administrative Information | 3 |
| Trustees Report | 4 |
| Independent Examiner’s Report | 6 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Notes to Financial Statements | 11 |
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Administrative Information
Directors (Charity Trustees)
The following were directors (charity trustees) during the year
Susan Porter
Harbens Kaur Susan Lyons Sarah Peck Reza Kiani
Company Secretary
Brian Wilson
Registered Office
9 Knighton Park Road Leicester LE2 1ZA
Bankers
Barclays Bank
1-3 Haymarket Towers Humberstone Gate Leicester LE1 1WA
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TRUSTEES' REPORT FOR THE YEAR ENDED MARCH 2024
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31[5t ] March 2024. The trustees have adopted the provisions of 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 1 January 2015).
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities / Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014
Aims and Objectives of the Monday Club
The aim of the Monday Club is to provide a safe and enjoyable space where adults with Asperger Syndrome (AS) can meet each other and develop their social skills. More recently the club has become concerned about the physical and mental health of members and has been developing more activities aimed at improving this aspect of the lives of members. A further aim is to provide an evening’s respite for carers of people with Asperger Syndrome
Introduction to the Monday Club
This club was one of the first organisations to recognise the importance of a dedicated space for adults with AS to meet together in an environment where their needs would be understood both by staff members and other club members. It is run by a club manager and three paid members of staff who are employed for a few hours per week and oversight is provided by the Board of Trustees. For many years the Club was fully funded jointly by Leicester City Council and Leicestershire County Council but several years ago the County Council funding ceased. We have roughly equal numbers of members from City and County areas. Since this reduction in funding an increasing amount of the effort of the Board of Trustees is spent on ensuring the club’s continuing existence through adequate funding. This year we were extremely grateful to NHS Leicestershire & Rutland Integrated Care Board who have funded the club £43,000 to support the running of our services. This money will help with the rent of the venue and staff salaries. The Trustees will continue to seek new funding sources.
Update
The club continues to meet in the Leicester Centre for Integrated Living (LCIL), which is a short walk from the City Centre and well supplied by public transport. During the pandemic these meetings took place online, thankfully the members are now back to meeting face to face. Some members were slow to resume face to face meetings after the lockdown, weekly attendances were quite low for several months, but gradually attendance is returning to pre-pandemic figures. The club still has just under 100 members but average weekly attendances remain between 22-30; depending on the activities. The club continues to review its weekly activities in consultation with the members.
One of the staff members Vandana Kaushal has left the Club and a new appointment was made. Simon Clarke is the new appointee; Simon had been volunteering for several years and is an enthusiastic member of staff. The Monday Club now has a new website, it was felt the old site was
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no longer suitable and looked outdated. It was felt that a new website was important in attracting funding. Updating the website has taken longer than was expected and the members are still getting accustomed to the new site.
As with previous years, securing funding to enable the club to keep running continues to be a major issue for the club. Both the County Council and the City are communicated with on a regular basis to see what funding opportunities are available. We are also continuing to seek new recruits for the board of Trustee’s, to help with the running and oversight of the club, and would especially welcome parents or carers of people with AS. We continue to keep the club as responsive as possible to the needs and wishes of those adults with AS who live in Leicester and Leicestershire.
Reserves Policy
The Club’s policy is to maintain reserves equivalent to 6 month’s expenditure.
Reserves at March 2024 met this requirement.
This report was approved by the Trustees on and signed by
Sue Porter
Chair
Independent Examiners Report to the Trustees of The Monday Club Leicestershire Limited
I report on the accounts of the charity for the year ended 31[st ] March 2024.
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Respective Responsibilities of Trustees and Examiner
The charity's trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year in accordance with section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to :
Examine the accounts under section 145 of the 2011 Act
Follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act; State whether particular matters have come to my attention.
Basis of Independent Examiner's Report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 or disclosures in the accounts and the seeking of explanations from you as trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and,
consequently, no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the report below.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
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Which gives me reasonable cause to believe that, in any material respect, the requirements
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To keep accounting records in accordance with section 386 of the
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Companies Act 2006; and
To prepare accounts which accord with the accounting records, comply with the accounting requirements of section 394 and 395 of the Companies Act 2006 and with the methods and principles of the 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 1 January 2015)
Have not been met; or
- To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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David Cotton Former Chartered Accountant Birds Haven Willoughby Waterleys Leicestershire LE8 6UF
2024
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THE MONDAY CLUB LEICESTERSHIRE LIMITED
Statement of Financial Activities
(Incorporating an Income and Expenditure Account) for the Year ended 31st March 2024
| Notes INCOME Bank Interest 3 Donations and Fees Grants Total EXPENDITURE ON Charitable Activities 4 Supporting Aspergers Syndrome NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD CONTINUING OPERATIONS |
2023/2024 Unrestricted Restricted Total Funds Funds Funds £ £ £ 1580 1580 2653 2653 43000 43000 47233 0 47233 26344 0 26344 20889 20889 12105 0 12105 32994 0 32994 |
2022/2023 Total Funds £ 784 12923 14266 |
|---|---|---|
| 27973 21191 |
||
| 6781 5324 |
||
| 12105 | ||
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements.
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THE MONDAY CLUB LEICESTERSHIRE LIMITED
BALANCE SHEET at 31st MARCH 2024
| Notes CURRENT ASSETS Bank Rent Prepayment Debtor – NHS Leicestershire 9 DEFERRED INCOME Amounts falling due within one year 10 NET CURRENT ASSETS 11 NET ASSETS FUNDS 12 Unrestricted Funds TOTAL FUNDS The notes form part of these financial statements. |
2023/24 £ 79491 1505 22000 102996 -70000 32996 32996 32996 32996 |
2022/23 £ 68601 1505 12000 |
2022/23 £ 68601 1505 12000 |
|
|---|---|---|---|---|
| 82106 -70000 12106 |
||||
| 12106 | ||||
| 12106 12106 |
||||
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THE MONDAY CLUB LEICESTERSHIRE LIMITED
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31[st] March 2024
The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31[5t ] March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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Ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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Preparing financial statements which give a true and fair view of the state of affairs of the charitable company at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies.
and were signed on its behalf by:
Sue Porter (Chair)
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THE MONDAY CLUB LEICESTERSHIRE LIMITED
Notes to the Financial Statements For the Year ended 31st March 2024
STATUTORY INFORMATION
The Monday Club Leicestershire Limited is a private company, Limited by guarantee, registered in England and Wales. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £IO per member of the charity. The company was dormant until it commenced charitable activities on 1[st ] April 2009 by taking over activities previously carried out by The Monday Club, an unincorporated charity. The address of the registered office is given in the charity information section of these financial statements. The nature of the charity's operations and principal activities are given on pages 4 to 5 of these financial statements.
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
The charity constitutes a public benefit entity as defined by FRS 102. 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 (FRS 102) issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016}, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice as it applies from I January 2015.
The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section IA.
The financial statements are prepared under the historical cost convention.
The most significant area of judgement and key assumptions (apart from those involving estimates) that have been made in the process of applying the above accounting policies that have had the most significant effect on amounts recognised in the financial statements relate to the estimation of income from performance related grants.
Income
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.
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For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.
Expenditure
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 a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees,
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Investments
Current asset investments are short term highly liquid investments and are held at fair value. These are cash on deposit with a maturity of less than one year.
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3 DONATIONS, FEES and GRANTS
| 2024 £ Donations 0 Fees 2653 Grants 43000 47233 4 CHARITABLE ACTIVITIES COSTS Direct Costs Support Costs (See Note 5) £ £ Supporting Aspergers Syndrome 25036 1307 |
2023 £ 10000 2923 14266 27189 Total £ 26343 |
|---|---|
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5 DIRECT COSTS OF CHARITABLE ACTIVITIES
| Salaries Rent Club Activities 6 SUPPORT COSTS Management £ Supporting Aspergers Syndrome 1307 Support costs included in the above are Management Advertising Insurance |
2024 2023 £ £ 17344 15431 3010 2839 4682 1766 25036 20036 Governance Total £ £ 0 1307 2024 2023 £ £ 1026 869 0 0 281 287 1307 1156 |
|---|---|
7 TRUSTEES’ REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31[st] March 2024 nor for the year ended 31[st] March 2023.
The total amount of employee benefits received by key management personnel was £7875 (2023 £7174)
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8 STAFF COSTS
| Salaries and Wages Social Security Costs The average monthly number of employees during the year was Employees 9 DEBTORS : AMOUNTS FALLING DUE WITHIN ONE YEAR NHS Leicestershire Prepayments 10 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Deferred Income 11 ANAYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Restricted £ £ Current Assets 102996 0 Current Liabilities (70000) 0 32996 0 |
2024 £ 17344 0 17344 2024 4 2024 £ 22000 1505 23505 2024 £ 70000 2024 Total £ 102996 (70000) 32996 |
2023 £ 15431 0 15431 2023 4 2023 £ 12000 1505 13505 2023 £ 70000 2023 Total £ 82106 (70000) 12106 |
2023 £ 15431 0 15431 2023 4 2023 £ 12000 1505 13505 2023 £ 70000 2023 Total £ 82106 (70000) 12106 |
|---|---|---|---|
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12 MOVEMENT IN FUNDS
| Unrestricted Funds TOTAL FUNDS Net movement in funds, included in the Unrestricted funds TOTAL FUNDS |
Net Movement In Funds At 1/4/23 At 31/3/24 £ £ £ 12106 20890 32996 12106 20890 32996 above are as follows: Incoming Resources Movement Resources expended in funds £ £ £ 47233 26344 20889 47233 26344 20889 |
|---|---|
The purposes for which the individual funds are to be applied are as follows:
Unrestricted funds
The free reserves of the organisation to support its activities.
13 RELATED PARTY DISCLOSURES
There were no related party disclosures for the year ended 31[st] March 2024.
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