REGISTERED COMPANY NUMBER: 06685276 (England and Wales)
REGISTERED CHARrrY NUMBER: 1127597
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2024
FOR
HEBDEN BRIDGE COMMUNTfY ASSOCIATION LTD
Cresswells Accountants IUKI Llmlted
Chartered Accountants
and Statutory Auditors
12 Market street
Hebden Bridge
West Yorkshire
HX7 6AD

HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD
CONTENTS OF THE FXNANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024
Page
Report of the Trustees
I to 13
Report of the Indèpèndént Auditors
14 to 16
Statement of Financial Activities
17
Balance Sheet
18 to 19
Cash Flow Staternent
20
Notes to the Cash Flow Statement
21
N¢>te$ to the Financial Statements
22 to 34
Detailed Statement of Financial Activities
35 to 36

HEBDEN BRIDGE COMMUNfTh ASSOCIATION LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
Thls has been another incredibly busy year for the AssocSation within the Town Hall and also in the wider
cornmunity. Indeed, It's probably the first year when matters external to the Town Hall have dominated
those inside when we conslder developments like Hope Chapel and Staying Well.
Inside the Town Hall we remain fully let, our co-worker numbers have blossomed wlth the new space
avallable in the old building, we have again over-performed our room hire expectations and we have had
another bumper year for weddings and partles and the Café trade has been very strong. We have made
good progress in ensuring that the financlal impacts of the withdrawal of Calderdale MBC from 3 of the 5
spa￿S they have previously leased from us have been minimised, and we have renovated 4 of the 5
spa￿$ to create much better working environments. We have Invested heavily in eneryy-efficiency
measures across the Town Hall with LED lighting and solar panel upgrades and whilst these haven't seen
dramatlc falls in usage land our utility costs are still very highl we are pleased with the progress made.
Extemally to the Town Hall two rnajor projerts have domlnated our Dlrecterfs and other staff5 time:
Hope Chapel and Staylng Well. There are specific sections glvlng more details tsn these >n the rest of this
report but here we wanted to focus on the longer-term implications.
The A$50Clation has been successful in ensuring the Town Hall is well utilised by tenants, co-workers and
room hirers but we are at or close to capacity in all of these areas and demand continue5. We have often
wondered about the what-if scenario of managing a second bullding and how that could be rnanaged and
integrated as a development for the Association and Hope Chapel opens that as a posslbi1Sty. The energy
Is all directed towards establishing how that might work financially and to ensure that risks to our core
functions are approprlately managed. We do hope to be able to report on exciting developments later In
202412025.
Staying Well has been part of the Association for 10 years but always wlth a ￿latIVelY small financial
tumover making it challenging to allocate the staffing ￿$ourCeS appropriately. The financial effect of the
new contracts detailed in the rest of thls ￿port and their duratton mean that the Association will need to
èdju5t the staffing balances and prlorltles as the contracts progres5. In that regard 202412025 is a key
year to resolve these.
We have been distratted from the blgger project for the old building which we have talked about
extensively in recent years: thls will come back to the centre in the coming year.
Lastlyi we must however continue to look foNard and bulld on our solld and sustslnable financial model.
This Is the right time to review our Strategic Plan for 2025 although we expect to retain a focus on similar
prloritSes.' Widen our reach with the Community outside the Town Hall. Create an environment that helps
Businesses make new connections and thrlve,. and Keep the Town Hèll operating successfully and keep
focused on our long-term viability. Flnallyi we want to trffer (>ur thanks to all our hardworking team of
stsff and volunteers.
We are also grateful to our members and the wider communlty In Hebden Brfdge for thelr contlnulng
support and deep-rooted belief In our long-term success.
Page I

HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
OBJECTXVES AND ACTIVMES
Our Story
In the autumn of 2012, the Hebden Bridge Community AssociatSon IHBCA) opened the doors to a new
Town Hall in the heart of our vibrant town. The Town Hall, Hebden Brldge is the first asset-transferred
communlty owned Town Hall and is a symbtsl of what a community can achieve when it pulls together
with a common ambition and vlsion.
Grade II Ilsted and dating from 1897, the Vlrtorian part of our bulldlng originally housed the town's
council offices. In 2008 the HBCA was formed as a charity and cornpany IlmSted by guarantee. Through
an innovative asset transfer, the HBCA acqL¢ired the councll offices from Calderdale Council.
HBCA'5
vision was to transft)rm, what was at the tlme, a barely used bullding fallin9 Into disrepalr Into
statè-of-the-art ￿nt￿ for communlty and creative enterprise putting it back at the centre of the town's
civic life as The Town Hall.
HBCA went on to raise E3.7m for a major development on the site and the addltions built in the 1960s
were kn(>cked down to create Spa￿ for a major new modem extension that would sit alongside and
complement the origlnal building. In autumn 2012, a large new contemporary community and business
bullding was opened offerlng a range of spa￿S for community, enterprise and recreational use.
Our vlsion
Innovative, creative, pioneering and enterprising. The Town Hall is the beatlng heart of Hebden Bridge's
rich community, business and democratlc Ilfe.
Our vlsion Is to make The Town Hall, Hebden Brldge much rn0￿ than just a bulldlng. We want the Ttswn
Hall to become known locally and nationally ès a shining ex3mple of what can be achieved when people
come together- united by a belief that people need each other, and that communlty Is Important.
What we do
The Town Hall is run by the HBCA, for the benefit of the communlty. It Is a pla￿ to collaborate, C￿ate,
meet and celebrate.
Communlty is at the heart of what we do and who we are. Community-owned and managed by the
HBCA, the Town Hall hosts and supports a diverse range of community activity.
More than just
bulldlngl we act as a creative connector
maklng links, creab'ng new partnerships and opening up
excitlng possSbllities.
we'￿ also home to a vibrant hub of knowledge intensive businesses. We work to help them to thrive and
collaborate through business support, skills sharing and networking.
We welcome all into our buildlng in the heart of Hebden Bridge Whe￿ we offer..
a ran9e of spaces for community artivities, meetlngs, celebration5.
34 business units and two business lounges la co-working / hot-desking facillty).
a friendlyi affordable café with rlverside terrace.
special events, festiva15 and exhlbltions.
Page 2

HEBDEN BRIDGE COMMUNrrY ASSOCIATION LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31sr AUGUST 2024
OBJECTIVES AND ACTIVMES
staying Well
Staying Well started in January 2015 as a pilot project in Hebden Bridge and 3 other localities across
Calderdale before becoming a Borough-wide initiative from October 2016. Since then, the Association's
responsibility has been covering all 4 Upper Calder Valley wards (Calder, Luddendenfoot, Ryburn and
Todmordenl. It is a universal adult service focussed on engaging vulnerable people with community
solutions to redu￿ demand on more acute health & social care services.
There ha5 been a developlng strategic initiative across Calderdale focussed on Integrating health and
wellbeing for adults which we referenced in last year's report. This has encompassed Staying Well, and
several different services funded by Calderdale MBC and others which focus on this field of work. In
202312024 this work has concluded, and we are pleased to report the outcomes here. Hebden Bridge
Community Association and our Staying Well partners were identified as the Most Suitable Providers for
the continuation of the Staying Well work. There has been a public procurement exercise and in sutnmer
2024 it was confirmed that we would be awarded a contract for a minimum of 3 years with the options for
two one-year extensions - effertively a 5-year contract. The contrart commenced on 1st October 2024.
In addition, 20231204 also saw the conclusion of another long projert development process
the
Calderdale Community Model of Support which has been driven by the West Yorkshire & Harrogate
Cancer Alliance. This is focused on providing personalised support for people livin9 Wlth and beyond
cancer with support more locally based in the community. This is not a medical service but seeks to bring
all the expertise developed through Staying Well to improve outcomes for local people. This is a 3 year
projert.
These two developments bring additional financial resources and will lead to the employment of new staff
are a significant step for the Association.
To deliver Staying Well, Hebden Bridge Community Associatlon directly manages 2 Calderdale Council
staff who have been seconded to U5.. Helen Doodson and Hayley Conlon. They receive referrals of clients,
undertake l-l client work, and refer clients on into existing activities in the Upper Valley which meet the
client's specific needs or wishes. They also work with community organisations across the patch to
support them and connect them together.
We have now recruited a new Project Co-ordlnator (Moni Noszkay) and a new Personalised Cancer
Support worker (Claire Sullivan) both came into post in early 2025.
As we look ahead the Integrated Neighbourhood Team IINTI approach is being rolled out across the
region through the Primary Care Networks
we will continue to engage with this and expert to play a
significant rose in the Upper Valley's INT in the future.
Staying Well Is a key strand of our Strategic Objertive of widening our reach into the community outslde
the Town Hall.
A home for vlbrant Community activity
We have had another successful year in terms of room hire, use by the community and in delivering
weddings and other special events. In particular, we have delivered a new record number of weddings
during 202312024.
Durbng 202312024 24 gmups (202212023 23 groups) used spaces in our building for regular weekly
activities and public events. Many of these groups have been hiring rooms for several years and are well
established in the Town Hall calendar. In addition to the weekly groups, another 16 groups (202212023 5
groups) used our spaces for monthly meetings, including a Diabetes prevention course, a new drop in for
egal advice provided by a solicitor. Another 83 groups {202212023
122) used our rooms for ad-hoc
events. For example, the National Trust hired the Waterfront Hall to hold a training day for volunteers,
local charity shop held a board games day open to the public to test their donated games and we have
hosted several student groups for visits. We have also developed a range of regular business users in
terms of room hirers who come for periodic meetings, away day5 and the like
Newground, Age
Partnership, Bluefin and Barnardo's amongst others.
Page 3

HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
OBJECTIVES AND ACTIVITIES
We are pleased with the diversity of the community groups using the Town Hall and we are delighted to
host such a wide range of activities suitable for all ages, stage5 and interests. There remain a range of
attivit1es for everyone from the community. We are also pleased, as ever, and in spite of everything, to
have several groups try out new initiatives in the Town Hall. This year we have accommodated a new
performance-based initiative who have been rehearsing for their 2025 national tour.
A home for vlbrant ¢ommunlty artlvlty {¢ont...)
It is vital that we continue to offer support to a wider range of community activity- acting as a broker;
making relevant introductions between voluntary groups, individuals and businesses and helping them to
share information and skills- supporting groups to develop and grow- and creating an environment where
new collaborations can develop and grow.
Families use our spaces to come together and celebrate important occasions or to rernember loved ones.
In 2023124 we hosted-
22 weddings and civil partnerships - a varied range of large and small ceremonies, some with large
receptions, some with just celebratory drinks.
12 parties and other celebrations - with a huge range from baby showers, children's parties,
celebrations of significant birthdays, wedding anniversaries and retirements.
Our building fulfils an important civic funrtion. Hebden Royd Town Council is based at The Town Hall and,
along with Erringden, Wadsworth, Blackshaw Head and (much less frequently} Heptonstall Parish
Councils, use our spaces regularly for full council and committee meetings.
Festivals and special events
The Town Hall was born with the vision to make it the building into a centre of civic life
the range of
special events held he￿ over the years along with the building's role as the hub for many of Hebden
Bridge's are testament to the delivery of this vision.
Some of the highlights thfjs year have been Steampunk Weekend; a Simon and Garfunkel Tribute band.
theatrical and musica5 productions from Heroica Theatre. we have hosted multiple markets
two of the
ever popular Hebden Bridge Wl Rag Markets, our annual Prlnt Fair, Milltown Arts, Open Studios and
various Christmas Fairs. We have provided a room for a local high school to hold exams in and we have
hosted Covid vaccination clinics in the Waterfront Hall on Sundays to ease the pressure on local NHS
surgeries.
We have hosted several pop-up displays in our reception area by local groups to raise awareness and
promote participation. These include Shared Lives, and Breast Cancer Awareness.
Exhlbitions
During 202312024 we hosted 13 exhibitions each with a speclal connettion to the area and to local
people. These included..
Hebden Bridge Little Theatre celebrated their centenary with an exhibition of photos of
productions, actors. behind the scenes staff and activities. It was very Snteresting and well
received.
Pennine Heritage ran an exhibition on the After Alice proJert and we also hosted a Heptonsta51
Museum / Coiners Exhibition.
Our annual exhibitions by Hebden Brldge Camera Club and the Print Fabr.
Milltown Arts held two exhibitions.
Sand In Your Eye.
Various local artists.. Christopher Foster, Rachel Elwell and Jess Kidd.
Our exhibition programme is designed to both bring a range of people Into the buildingi often for the flrst
time which introduces them to our building and our offer, and it provldes interest and engagement for our
regulars and visitors to the town.
Page 4

HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
OBJECTIVES AND ACTIVITIES
The Town Hall Café Limlted
The Town Hall Cafe Limited was incorporated on 2nd February 2016 {Cornpany No. 99815421 as
subsidiary of Hebden Bridge Communlty Association. This action was taken to ensu￿ the Assoclatlon
continues to meet our charltable objectives and responsibilities. The Cafe reports accounts as a separate
cornpany.. 202312024 Is the nlnth year of trading (with 8 full years tfading).
There Is a detalled agreement Setting out the relationship between Hebden Bridge Communlty
Association and the Town Hall Café Limited originally signed off by the respectlve organisatlon's Boards in
the autumn of 2016 which 15 updated annually and agreed by the respertive Boards.
The Association retains ownershlp and ￿SponsIbl11ty for the capital assets of the Cafe and because of this
conslders the capital investment needs of the Café on an annual basis. Our goal is to take a proartive
approach to capltal asset repla￿Ment.
The Associatlon and the Café continue to invest in other Improvements intemally and externally in order
to develop our Café and Catering offer. Once again we must specifically thank our volunteer Jane and her
partner lan who have done an amazing job in malntainlng them throughout the year.. thanks to all.
This has been a good yearfs tradlng In the Café ènd performance has been above our expectations. We
are dellghted tts record that the Café made a £9,796 surplus in the 202312024 (see Note 9 to the
Accounts).
The Memorandum and Artlcles of Association of the Town Hall Cafe Limited set out that any profits of the
Café shall be applled to either (il c￿ate a general reseNe for the continuation and development of the
Company, or lil) to make payments to Hebden BrSdge Ctsmmunity Association.
The Cafe's surplus from 202312024 wlll be donated to the Association.
Supporting local businessès
Over the year we have continued to look for ways to support local businesses to grow and thrlve startlng
with those who are business tenants and co-workers but also looklng beyond to the wider ltscal Hebden
Bridge economy.
Our bulldlng Includes offices and business units with hlgh-speed dedicated fibreline. We Invested In a
slgnifi¢ant upgrade to our firewall systems during the year In order to Improve the security of connectivity
for our buiSding users. We have a full building wlth 34 unlts occupied at the end of 202312024.
In last yearfs report we noted that a second cts-worklng space opened in Septernber 2023. Thi5 15 based
in one of the rooms Sn the old building formerly occupied by Calderdale MBC. This enabled us to
significantly boost our numbers of co-workers whlch we had been limiting because of capacity issues. Our
Budget expectatlon was to achieve 35 users by the end of the Financial Year, a number we achieved
comfortably.
At the end of this financlal year, we We￿ delighted to be able to open a new dedicated-de5k offer in
another of the rooms forn)erly occupied by Calderdale MBC Ithis was for former Town Clerk's ofFicel. Thi5
is a business offer mid-way both in terms of both pricing and the offer
betsveen a tenant and a
co-worker and enables 4 people tts share the room with higher levels of inclusive access to our hireable
rooms ft)r private Matter and lockable facilities in the room. Our Budget expectation is to completely fill
this by the end of the Financial Year 202412025.
Our tenant turnover has once again been low during most of the year and once again we end the year
with the majority of our business tenant5 based in the creative and digitsl industries
in line with our
ERDF grant requI￿rnents.
Page 5

HEBDEN BRIDGE COMMUN￿ ASSOCIATION LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
OBJECTXVES AND ACtIvrrIES
Hope Chapel
In spring 2024 the Association were asked to a5SlSt Hope Chapel CIO and the Yorkshire Baptist
Associatlon in the rnanagement of Hope Chapel In Hebden Bridge. The Chapel is Grade 11 listed and bullt
in 1857 and ￿MaInS a promlnent building on the maln road. Thi5 request was formalised from 1st May
2024 on a Ilcence to occupy basls for an initial S-month temi to the end of September 2024.
This agreement came at the end of a complicated period of change for Hope Chapel CIO over the
previous year. There had been a marketing exercise in spring 2023 looking to sell the bulldSngi the
Church stopped meeting in summer 2023 and responsibility for the building then passed to the Yorkshi
Baptist Assoclation. An agreemént had been ￿ached wlth The Bridge at Hope Chapèl CIC. which had
been created to take on responsibility for the Chapel from October 2023, but by spring 2024 the
challenges of managing the building arhd making it financially sustainable meant that agreement was
coming to an end.
The Assoclatlon's goal was to establish whether it was feasible to make the Chapel flnanclally viable and if
so to find the way to an agreement to manage the Chapel on a long-lease basis.
The Trustees and staff have responded positively to the challenge and believe that there are way5 to
make the Chapel financially vlable. The licence to occupy is being rolled forward on a monthly basis and
draft Heads of Terms are belng negotlated. There is much to do, and it is of course posslble that a way
foNard cannot be agreed, but the Trustees are particulady mindful of one of our charitable objects - the
preservation of bLJlldlngs or site5 of historlc or architectural importance and believe that every avenLJe
should be explored to see If a resolution can be found.
The Trustees are grateful to Hebden Royd Town Council who have provlded financia5 support through a
Community grant to enable the Association to secure some detailed legal advice.
Our wider role in the community
During 202312024 our Executive Director continued to serve on the Hebden 8rldge & Mytholmroyd
Town Development Board. This is a reoular meeting bringing together Calderdale & Town
Councillors, local businesses, and the vc>luntary and community sector to look at key issues
affecting the local area wlth a specific focus on the economy. Our Executive D1￿ctOr serves as
community representative.
Those familiar with Hebden 8rldge's recent history will be aware of our flood story arising from the
Boxing Day 2015 and February 2020 floods. We are ready to respond agaln should the need arise.
Our Executive Director is a regular attendee at the Hebden Bridge Flood Allevlation Scheme
meetings, again ès a community representative. We continue to try and clarify our role and
improve our abllity to respond to near-miss flood events and In this ￿gard are grateftjl to a
Calderdale MBC Ward Forum grant whlch has enabled u5 to purchase a walkie-talkie to facilitate
improved communlcatlons during near-flood events.
Européan Regional Development Fund
In our 201412015 report we set out the detalled outputs from our European Reglonal Development Fund
IERDFI projert which was an Investment of £1.25 million in the overall capital project of C￿atIng the
modern extension to the exlsting Town Hall and invested funds to support the development of enterprise
aspects of our development. In 201512016 & 201612017 we completed 'Article 55" returns to ERDF..
these were a method of ensuring the sound and efficient use of the EU budget and in particular to avold
grant fundlng more than is necessary in respert of revenue-generatln9 projects when a loan m5ght have
been more appropriate. Those returns showed the Associatlon had maintained delivery aligned to the
original plans and within the tolerances of the grant funding requirements. We have not been asked to
cornplete an Artlcle 55 return Sin￿, but we contlnue to monitor and ensure we maintain alignment wlth
the original plans for the life of the pmject whlch Is up to 20 years.
Running our building and developing our team
During the year we have continued to work to improve our administrative Systems and pollcles, develop
our staff team, support our volunteers, and maintain the bulldlng.
We estlmate an average daily footfall of 300ppl into the Town Hall, meanlng an annual footfall of roughly
90,DOO. It Is a daily challenge to keep the btJildin9 in a good condition. The Trustees are gratefvl to our
cleaner and ca￿taker Tom & Jo, our Facilities Co-ord5nator James, and our Duty & Event Officer5 who
continue to deliver a clean and well-maintained building for all to enjoy.
Page 6

HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
OBJEcfIvES AND ACTIVITIES
Running our building and developing our team (cont..)
In 202312024 we completed the following major refurbishment / repalr projeets=
We have corrTrpletely upgraded all the lightlng In the Town Hall tts LED fi'tting5 and we also
upgraded the solar photovoltaic ￿115 on the roof to more efficient models than those initially
installed. We are grateful to the C()mmunity Foundation for Calderdale for the funds we re￿iVed
from them for this projert.. we have also invested In these from our accumulated reserves. Our
Intention is to reduce the overall carbon foOtp￿nt of the Town Hall adding to the replacement of
the solar them)al tubes last year.
We have completed the necessary repairs to a further stretch of the coplng stones around the new
buildlng - we a￿ nearly at the end of this marnmoth repair programme.
We also completed the refurbishment of the former Town Clerk's oflice in the old bulldlng whlch
became vacant In the summer of 2023 when Hebden Royd Town Council moved downstairs in the
old building. The most exciting element of thSs was uncovering, and restoring, the original parquet
fltstsring in the room which had been carpeted over at some point.
This year we have added some new round tables to our room hire equipment - this means we have
almost reached the end of our wholesale rep1a￿rnent of the tables originally purchased for the
bulldlng.
Finally, we have upgraded the Intruder alarm systems for the building.
Day to day responslblllty for the Association rests with the Executive Director: Graham Mynott. Over the
course of 202312024, the Association employed Verity Herrington (Events Manager), James Cragg
(Facilltles & Bullding Manager), lo Norris (Caretaker); Christine Wright (Administrator), Tom Lockett
(Cleaner) and Ellle (Book-keeperl.
The followlng permanent Cafe staff were also employed during the year by the Assoclatlon.. Amber
Roberts (Catering Manager), Dave Glover, Kelly Westem and Naoml Marshall.
We have continued our broad approach to our duty and events work covenng work outslde offlce hours
work, evenings, and weekends but we have adjusted during this year to ensure we can properly support
the increasing number of weddlngs, receptions and larger partie5 in our diary. We have now added new
roles to provlde specific support to our key events-related staff (Verity and Amber) Sam Doty is now
employed as Events Co-ordinator and at the end of the year we engaged Ailsa Wilson as Catering &
Events Co-ordinator.
In addition, we continue to have a regular and changing pool of casual staff who we call upon when
necessary to support our work in both the Café and in our Events / Duty team.
Over the course of the year, we have sald goodbye to several staff.. Rebekah Cathcart, Arron Adèms and
Sian Fawcett in the Cafe and Corrin Adams and Rick Hlll in our Events & Duty tearn. It is important t(>
recognise the role of Rebekah who has been one of our joint Catering Manager5 With Amber since 2017
and prior to that deputised in the Café to our previous Cafe Supervisor
indeed Rebekah has been
ernployed by the Association Sin￿ 2014 and was an employee for almost exactly 10 years. The Trustees
wish to express their thanks to Rebekah for her exceptional servi￿.
This year we￿e invested in stsff tralnlng coverlng FSrst Ald at Work and Food HygSene amongst others.
The staff team are supported in their work by our fantastic team of volunteers who lead on our re￿ptIOn
function, welcomlng people into the building. The building wouldn't land doesn't) function as effectlvely
wlthout them. In September 2023 we had 19 volunteers for reception duty. We have malntalned thls
number over the year. M05t of the volunteers cover a regular weekly shift of two hours. Others prefer to
be on standby to cover holiday5 and time off.
The Trustees would like to extend grateful thanks to all our Volunteers for their time and commitment.
The Tnjstees also wanted to specifically thank Jan Scott who contlnued to offer wonderful support to both
the staff team and the volunteer team throughout the year.
During this year our financial procedures and the facilitie5 rnanagement has continued the annual process
of improvement and refinement, and as a board of trustees we work with monthly rnanagement accounts
to keep on top of financial performance. Our facilities coordinator scrutinises maintenance wntacts and
building overheads at contract renewal and the staff team work to keep office costs to a minirnum.
Page 7

HEBDEN BRIDGE COMMUNrtY ASSOCIATION LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
OBJECTIVES AND ACTIVITIES
Our challenges
We have three maln Challeng￿ going forward.
Firstly.. the ¢ontinuing need to ￿StOre the old buildlng. The fabrlc of the bulldlng still needs much
attention, and we want to increase wider public usage. We have struggled to make prtsgress on the next
stsge of our Projert Development Plans (funded by the Architectural Heritage Fund) this year. The
staffing capacity to pursue that work has been imparted by the fooJs on other major projects: the
renovations of 3 units in the old bulldSng that Calderdale MBC and the Police have vacated,. and . Hope
Chapel have particularly impacted capacity.
Secondly- financial 5U5tainability. It's neady S years slnce we put In place a new sustainable loan
agreement with Calderdale MBC which repla￿d the arrangements, we had wlth Soclal Investment
Buslness. Our baseline position is more stable, but the year-on-year external impacts contlnue especlally
the challenges of managSng the utilities bills for the Town Hall. It is for this reason that we have spent
resources and committed staff tlme to the major energY-￿ductl0ll projects detailed above under
'Running our Building" We must also recognise that the building is close to capacity this means our
abllity to generate higher levels of income is ￿StrICted to ralslng prlces or curtailing expenditure and
given the external pressures on staff costs and utilities as al￿adY mentioned It Is a contlnual challenge to
maintain our financial sustalnabi1Sty.
Our thlrd prlorlty Is sustainability in the widest sense. We have al￿adY mentloned the drlve to reduce our
carbon emissions, and we are expecting new challenge5 to arise in the future with the potential impacts
on the building arising from flood alleviation scheme which we must consider and prepare for.
What next?
Our last strategic Plan ran from 2022-2024 and is overdue for a refresh which will be taken ft)rward in
2025. It had 3 strategic objectlves.. we do not expert these to change much in the revised Strategy..
Widen our reach with the Community through the continuatlon and development of the Staying
Well,. buildlng on the legacy of Hebden Bridge Partnership and our commitments to contlnue their
work,. securing our role as a community hub (including our p051tion as an emergency hub for
Hebden Bridge),. and further developing our membership scheme. We are likely to add a priorfty
within he￿ relatlng to Hope Chapel in the next iteration.
Create an environment to enable businesses to thrive here through maintsining the quality of our
business unit offer,. delivering and malntalning our co-working packages and taking advantage of
opportunlties to expand the space we make avallable for this within the building,. and continuing to
develop our wider relationships with local business groups In the town and across the District.
Keep the Town Hall operating suCcess￿lIV with a focus on our long-term viability through fttrther
developments to enhan￿ the event, catering and room hire offer we make and taklng forward the
options arising from our AHF funded Project Development work on the old building.
Page 8

HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
srRATEGIC REPORT
Reserves poll
The Board of Trustees reviews Hebden Bridge Community Association's reserves policy annually. There
are two categories of reserves.. the General Fund and Restricted Funds.
General Fund
In considering the level of the General Fund that Hebden Bridge Community Association should aim to
hold, a range of factors needs to be considered including the main risks to the organisation. The overall
aim Ss to distribute funds quickly to our charitable activities, whilst maintalning a prudent level of
reserves to ensure stability and flexibility. It is assumed that on occasions fluctuations will occur in both
income and requirements for funding which cannot be fully anticipated in the planning process. Therefore,
Hebden Bridge Community Association has established a reserves policy whereby general unrestricted
funds which have not been designated for specific purposes should be at least 12 months of expenditure.
The Soard has also identified 3 areas where funds previously identified as general unrestricted should
now be designated for specific purposes and recorded as such in Hebden Bridge Community Association's
Accounts:
In the light of the Boxing Day 2015 and February 2020 floods and our continuing Snability to secure
insurance cover for our basement contents, the Board have a goal to establish a designated Flood
Fund of £45,000. As at 31 August 2024 the balance of this fund was £20,000 1£15,000 as at 31st
August 2023). The Association has not been "out of pocket" in the aftermath of the Boxing Day
2015 or February 2020 floods: this fund has been designated because we cannot be certabn that
we will be so fortunate in the future.
The Board have a long-standing commitment to designate a property reserve fund to allow for
future replacement costs once the initial depreciation charges arising from the new build tailed off.
In addition, as identified elsewhere, the Association continues to identify issues with the fabric of
the old and new parts of the Town Hall. As a result of this the Board have a goal to establish a
Property Reserve Fund of £101,186 (representing £53,086 for the old Town Hall and £48, 100 for
the newl. As of the 31st August 2023 £40,000 has been allocated {£23,000 for the Old Town Hall
& £17,000 for the new).. at 31st August 2023 this was £30,000 in total, split £17,250 and £12.750
respettively)
Café Fixed Assets
the fixed assets in the Café remain in the ownership of Hebden Bridge
Community Association. The Café makes a monthly payment las detailed in the annually updated
agreement between Hebden Bridge Community Association and the Town Hall Cafe Limited). This
was orlginally based on analysis of the cost of all Café-related assets to date. The Association has
completed its scheduled year-end exercise of comparing the Fixed Asset charged to the Café
against the actual Fixed Asset depreciation.
The charity continues to try to identify and exploit opportunities to develop unrestrirted fundingi Wlth an
emphasis on continuing to diversify the income streams Hebden Bridge Community Association accesses
throLJgh further developing the charity's contracting and commissioning of services and increasing our
fundraising income. The aim is for Hebden Bridge Community Association to increase the level of
commissioned income, corporate income, individLJal giving and events income and thereby generate
sufficient income to maintain our loan repayments due and enable us to deliver a programme of
Improvements to the old building over the coming years.
Restricted Funds
Restricted funds are subjert to speclfic conditions imposed by donor5. We aim to minimise the levels of
restricted funds, but balances arise due to timing differences between receipt of the income and
expenditure on the specified purpose.
Most restricted funds have a relatively short timescale for spending, but these timescales don't always fit
neatly into our financial years, so are often unspent funds at the Year End. The ERDF restricted fund
operates very dlfferently and will remain on our books for some time.
Princlpal fundln9 sources
The Trustees aim to priorit15e applications for grants and other funds to supplement the operational
income from the running of the Town Hall over the next 12 months.
During this year the Trustees have maintained an investment of £IOO,000 cash reserve.
Page 9

HEBDEN BRIDGE COMMUNrrY ASSOCIATION LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31sr AUGUST 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Objectives and aim5
The charity is controlled by its governing document, a deed of trust, and constitutes a company, limited
by guarantee, as defined by the Companies Act 2006. The company was incorporated on I September
2008 and received charitable status on 19 January 2009. The company was established under a
Memorandum of Association which established the objects and powers of the charitable company and is
governed under its Articles of Association. In the event of the company being wound up members are
required to contribute an amount not exceeding £1.
The charity's objects are:
l To further or benefit the residents of Hebden Bridge and the neighborhood, without distinrtion of
sex, sexual orientation, race or Df political, religious or other opinions by associating together the
said residents and the local authorities, voluntary and other organisations in a common effort to
advance educatlon and to provide facilities in the interests of social welfare for recreation leisure
time occupation with the objective of improving the conditions of life for the residents.
2 To promote for the benefit of the public the urban or njral regeneration in areas of social and
economic deprivation and In particular in Hebden Bridge and the neighborhood by all or any of the
following means:
the provision of financlal assistance, technical assistance or business advice or consultancy in
order to provide training and employment opportunities for unemployed people in cases of
financial or other charitable need through help (al in setting up their own business or Ib) to
existing businesses
the creation of training and employment opportunitbes by the provision of workspace,
buildings, and / or land for use on favourable terms
the maintenance, improvement, or provision of public amenities
the preservation of buildings or sites of historic or architectural importance
the provision of recreational facilities for the public at large and / or those who by reason of
their youth, age, infirmity or disablement, financial hardship or soclal and economic
circumstances have need of such facilities.
the protertion or conservation of the environment
The Trustees complete an annual exercise to consider whether the objects remain appropriate: no
amendments were considered necessary durlng 202212023. The Trustees consider that the Staying Well
project's reach across 4 Calderdale wards is within the charity object5.
Ensuring our work delivers our aims
Hebden Bridge Community Association's main document providing the framework for our Trustees to
review our aims, objertives and progress on a regular basis is our Strategic Plan 2022-2024. Thls is
overdue for a refresh and this will be taken forward In 2025.
Future Income and ¢apltal needs
We seek to maxlmize our income from all our revenue streams..
the hire of our spaces to both community and business users.
business unit rental and co-workers using our hot-desking facilities.
grant, trust and contract Income along with other fundraislng actlvity.
profit distributbon from The Town Hall Café Limited (which is a subsidiary company that dlstributes
profits back to the Association).
Calderdale Council has continued to be an anchor tenant in the old bullding although the original 10-year
lease agreement ha5 now ended and we have moved into a new lease agreement at a lower price with
effett from November 2023. This has impacted our income more than expected during 202312024
because the budgeted expectations amund the timing of the change were shortened. We do however
expect to recover the Shortfall by the end of FY 202412025.
The resources available to HBCA will always be limited by the number of available business units and
hireable spaces and so the charity relies on grants and donations to generate additional funds, for
example for capital improvements to the building.
Since February 2020, the Charity has managed loan commitments wlth Calderdale MBC as they have
fallen due.
Page 10

HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
STRUCTURE. GOVERNANCE AND MANAGEMENT
Future income and ¢apital need5 (cont...)
The trustees have looked at the requirements of the charity and agreed a ￿serveS policy which seeks to
build up general unrestricted funds to a position where they represent twelve months, operational costs.
This would enable the charity to continue the current activities for a short term in the event of a
significant drop in income.
Plans for the future
The Trustees continue to aim to prioritise the application for grants and other funds to supplement the
operatlonal Income from the Town Hall over the next 12 months.
Publle benefit
The trustees have referred to the Charity Commission's general guidance on public benefit when
reviewing the Association's aims and objectives and in planning fLJture activities. In partiCLJlar, the
trustees consbder how planned activities will contribute to the aims and objectives they have set.
Recrultment and appointment of new trustees
The directors of the company are also charity trustees of the Association and are elerted by the
membership of the Association. Trustees normally serve a three-year term and can serve a maximum of
two terms before standing down for at least a year. Up to two co-options may be made by the Board at
any one time before co-opted Trustees formally join the Board at the next available AGM.
All trustees give their time voluntarily and receive no beneffit from the charity. Any expenses reclaimed
are set out in note 5 to the accounts. The trustees try to maintain a broad set of skills on the Board and
bring a good range of experience to the role.
As can be seen under the Reference and Administratbve Details at the start of thls report, and as prefaced
in our Trustees Report last year, we have welcomed two new Trustees (Paul Guy & Sue Barlow) during
this year. Their dates of co-option are provided in the Reference and Administrative Details above: their
appointments were confirmed at last year's AGM on the 23rd March 2024. Shortly after that meetingi we
said goodbye to Damien Woolliscroft as a Trustee: Damien had left the area and didn't feel able to
commit the time to the role. The current Trustees would like to put on record their thanks to Damien who
served so ably during his time on the Board.
At the forthcombng AGM {scheduled for March 202512 current Trustees will come to the end of their term
and, having completed two full temis, are no longer eligible to Stand again.
The Trustees always weScome speaking to interested parties about joining the Board: a recruitment
process was launched in November 2024 just after the end of the year covered by this report. This
process will continue through to the AGM.
Organisational structure
The board of trustees meets on a regular basis, and 12 board meetings were held in the perlod I
September 2023 - 31 August 2024.
The officer's group meetings referenced in last year's report were discontinued during 202312024.
The Board can also meet informally from time to time and for training as required.. but there were none
during 202312024.
The Executive Director (who is not a trustee or dirertor of the Charity but is the Company Secretary)
reports to the Trustees at every meeting providing written reports on progress in all areas of the Charity.
The Trustees continue to receive information regarding the performance of the subsidiary: The Town Hall
Cafe Limited (Company No. 9981542) on a regular basis. The Executive Director is a Dirertor of the Cafe
and one of the Trustees takes an overview (but is not currently a Dlrector of the Café).
The Café has Its own Board meetings as well.
Page 11

HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Induction and tralnlng of new trustees
New trustees receive an Induction pack of information, providing the Memorandum and Articles, the latest
Financial Statements, Policies and other governance documentation and usually have discussions
one-to-one wlth the Chair and also with the Executive Director. All trustees are pointed to the Charities
Commission guidance on the obligations and responsibilities of charity trustees and to Companies House
for guidance on the obligations and responsibilities of company directors.
Pay Policy
The board of trustees consider the pay of the Executive Director and staff team annuallyi considering the
nature of the charity, the overall financial posltion and benchmarking to similar roles in similar
organisations where possible. Benchmarking was last conducted during 202112022 for some roles Sn the
organisation. A formal written Pay Po5icy was adopted during 202012021.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error. The Board last
undertook a risk management assessment in preparing the 2022-2024 Strategic Plan. This included
consideration of the Charity Commission's latest guidance on the subjett.
Policies are created and reviewed to ensure that risks are considered and managed, and staff. volunteers
and Town Ha11 users are provided with inforrnation on health and safety. Our polbcy rev1ew process Is an
ongoing priority in 202412025.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
06685276 (England and Wales)
Registered Charity number
1127597
Regtstered office
Hebden Bridge Town Hall
St George's Street
Hebden Bridge
West Yorkshire
HX7 7BY
Trustees
J Morris
J E M Woodhouse
W Lake
A Gardner
R Swindlehurst
D Woolliscroft Iresigned 25.4.24)
R Blackwell
S Barlow {appointed 26.10.23)
J I Scott (appointed 27.2.25)
PCGUY
Company Secretary
G N Mynott
Auditors
Cresswells Accountants (UK) Limited
Chartered Accountants
and Statutory Auditors
12 Market Street
Hebden Bridge
West Yorkshire
HX7 6AD
Page 12

HEBDEN BRIDGE COMMUNrn ASSOCIATION LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST AUGUST 2024
STATEMENT OF TRUSTEES, RESPONSIBILrrIES
The trustees (who are also the direttors of Hebden Bridge Community Association Ltd for the purposes of
company lawl are ￿sponsible for preparing the Report of the Trustees and the financial Statements In
accordance with applicable law and Unlted Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting PractSce) including Financial Reportlng Standard 102 'The FlnancSal Reporting
Standard applicable in the UK and Republic of Ireland..
Company law requires the trustees to prepare financial statements for each flnanclal year which give a
true and fabr view of the state of affairs of the charitable company and of the Sncoming resources and
appllcation of resources, including the income and expenditure, of the charitable company for that period.
In p￿parIng those financial statements, the trustees are requI￿d to
select suitable accountlng policies and then apply them conslstentlyi
observe the methods and principles in the Charity SORP.
make judgements and e5tirnates that are reasonable and prudent;
p￿pare the financial statements on the golng concem basis unles5 It is inapproprlate to pre5urne that
the charitable company will continue in business.
The trustee5 a￿ responsSble for keeping proper accounting records which disclose wlth reasonable
accuracy at any time the financial posltion of the charitable company and to enable them to ensu￿ that
the financial ststements comply with the Companies Art 2006. They are also responsible for safeguardlng
the assets of the charitable company and hence for taking reasonable steps for the preventlon and
detectlon of fraud and other Irregularities.
In so far as the trustees are awa￿.
there is no ￿levant audlt Information of which the charitable company's auditors a￿ unaware. and
the trustees have taken all Steps that they ought to have taken tts make themselves aware of any
relevant audit infomiation and to e5tabllsh that the auditors are awa￿ of that Infomiation.
AUDITORS
The auditors,
Cresswells Accountants IUKI Limited, wlll be proposed For re-appoSntment at the
forthcoming Annual General Meeting.
Report of the trustees, incts
the company directors, on
tln
strategic repo
approved by order of the board of trustees, as
and slgned on the board'5 behalf by..
J Morrls - Trustee
Page 13

REPORT OF THE INDEPENDENT ALIDITORS TO THE TRUSTEES OF
HEBDEN BRIDGE COMMUNrrY ASSOCIATION LTD
Opinlon
We have audited the financial statements of Hebden Bridge Community Association Ltd (the 'charitable
company'l for the year ended 31st August 2024 which comprise the Ststement of Financial Actlvlties, the
Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of
signSflcant accounting policSes. The financial reporting framework that has been applied in their
preparation is applicable law and United Klngdorn Accounting Standards (Unlted Kingdom Generally
Accepted Accounting Practlcel, including Financial Reporting Standard 102 'The Financlal Reporting
Stsndard applicable in the UK and Republic of Ireland,.
In our oplnion the financial statements..
glve a true and fair view of the stste of the charitable company's affair5 as at 31st August 2024 and of
its incoming resources and application of resources, includlng its income and expenditure, for the year
then ended-
have been properly pfftpared in accordance with United Kingdom Generally Accepted Accounting
Prartice, including Flnanclal Reporting Standard 102 'The Financial Reporting Standard applicable in
the UK and Republic of Ireland,; and
have been p￿pared in accordance with the requlrements of the Companles Act 2006.
Basi5 for oplnlon
We conducted our audit in accordance with Intemational Stsndards on Auditing (UK) IISAS (UK)) and
applicable law. Our responslbilities under those standards are further described In the Auditors,
responsibilities for the audit of the financlal staternents section of our report. We are independent tsf the
charitable company in accordance wlth the ethical requlrements that are relevant to our audlt of the
financial statements irl the UK, Including the FRC'S Ethlcal Standard, and we have fulfilled our other
ethlcal responsibilities In accordance with these requirements. We believe that the audit evidence we
have obtained is sufficient and appropriate to provide a basis for our opinion.
Condusions relatrng to going concern
In auditing the financial statements, we have concluded that the tnjstees, use of the golng concern basls
of accounting In the preparation of the financial ststements Is appropriate.
Based on the WO￿ we have performed, we have not identified any material Un￿rtaIntleS relatSng to
events or condltlons that, individually or collectivelyi may cast significant doubt on the charitable
company's ability to continue as a going concern for a period of at least twelve months from when the
financ5al statements are authorised ftsr issue.
Our responsibilities and the responsibilitles of the trustees wlth respect to going concem are descrlbed in
the relevant sections of this report.
Other Information
The trustees are responsible for the other informatlon. The Other infomiatlon ¢omprises the information
Included in the Annual Report, other than the flnancial statements and our Report of the Independent
Auditor5 thereon.
Our oplnlon on the financial statements does not cover the other information and, except to the extent
otherwlse explicitly stated In our report, we do not exp￿$$ any forni of assuran￿ conclusion the￿On.
In connertion with our audlt of the financial statements, our responsibility is to read the other information
and, in doing so, conslder whether the other Information is materlally inconsistent wlth the financial
statements or our knowledge obtained in the audit or otherwise appears to be materially misststed. If we
identify such material inconsistencles or apparent rnate￿al misstatements, we are required to determirTre
whether thls give5 rise to a material misstatement In the financial statements themselves. If, based on
the work we have performed, we conclude that there is a material misstatement of this other infomiatlon,
we are required tt) report that fact. We have nothing to report in this regard.
Matters on which we are required to report by exceptlon
We have nothing to report in respect of the following matters where the Charltles (Acwunts and Reports)
Regulatlons 2008 requires us to report to you if, in our oplnlon..
the information glven In the Report of the Trustees is inconsistent In any material respect with the
financial statements- or
the charitable company has not kept adequate accounting records. or
the financlal staternents are not In agreement with the accountlng records and returns,. or
we have not received all the information and explanations we require for our audit.
Page 14

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD
Responsibilities of trustees
As explained more fvlly in the Ststement of Trustee5' Responsibilities, the trustees (who arè also the
dirertors of the charitable company for the purposes of company law) are responsible for the preparation
tsf the financial statements and for being satlsfied that they glve a true and falr view, and for such
Intemal control as the trustees determlne Is necessary to enable the preparation of financial statements
that a￿ free from material mlsstatement, whether due to fraud tsr emr.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's
abllity to continue as a go5ng concem, discloslng, as applicable, matters related to going concern and
using the going concem basis of accounting unless the trustees either intend to Ilquldate the charftable
company or to cease operatlons, or have no realistic alternative but to do so.
Our responslbllitles for the audlt of the financial ststements
We have been appointed as auditors under Section 144 of the Cha￿tIeS Art 2011 and report In
aceordance with the Act and relevant regulations made or hèvlng effect the￿under.
Our objectives are to obtain reasonable assurance about whether the flnanclal statements as a whole are
free from material misstatement, whether due to fraud or error, and to Issue a Report of the Independent
Auditors that Includes our oplnlon. Reasonable assurance Is a hlgh level of assurance, but is not a
guarantee that an audSt conducted in accordance wlth ISAS (UK) will always detect a material
misstatement when it exists. Misstatements can arise from fraud or errtsr and are considered materlal If,
Indivldually or in the aggregate, they could reasonably be expected to Influence the economlc declslons of
users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularitles, Includlng fraud is detailed
below..
In identifying and assessTng risks of material misstatement in respect of Irregularities, including fraud and
non-compliance with laws and regulations, our procedures include the following..
we obtained an understanding of the legal and regulatory framework5 applicable to the Company
and the sector in which It operates. We determined the following laws and regulations were most
slgnificant.. The Companies Act 2006, FRS 102 and Health and Safety Act.
we obtained an understanding of how the Company Is complying with those legal and regulatory
frameworks by making inquiries to the management.
we assessed the susceptibility of the company's financial statements to material mSsstatement
including how fraLJd might occur. Audlt procedures performed by the audit team included..
identifying and assessing the design effectiveness of controls management has in place to prevent
and detect fraud.
understandSng how those charged with govemance considered and addressed the potentlal of
override of controls or other inappropriate influentr over the financial reporting process.
challenging assumptions and judgements made by management in its significant accounting
estimates.
identifying and testing joumal entrles.
assessing the extent of compliance with the relevant laws and regulations.
A ftjrther descrlptlon of our responsibilities for the audit of the financial statements is located on the
Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This descriptlon forms
part of our Report of the Independent Auditors.
Page 15

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
HEBDEN BRIDGE COMMiINrrY ASSOCIATION LTD
Use of our report
This report Is made solely to the cha￿table Company's trustees, as a bodyi In accordance wlth Part 4 of
the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we
mlght state to the charitable company's trustees those matters we are required to state to them an
auditors. report and for no other purpose. To the fullest extent perrnitted by law, we do not accept or
assume responsibility to anyone other than the charitable company and the charitable company's
trustees as a body, for our audit work, for this report, or ft>r the opinions we have formed.
Cresswe115 Accountants (UK) Umlted
Chartered Accountants
and Statutory Auditors
Eliglble to act as an auditor In terms of Sectlon 1212 of the Companles Act 2006
12 Market Street
Hebden Bridge
West Yorkshire
HX7 6AD
Date..
Page 16

HEBDEN BRIDGE COMMUNITY ASSOCXATION LTD
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST AUGUST 2024
2024
Total
funds
2023
Total
funds
Unrestricted
hjnds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
15,450
139,112
154,562
211,908
Charitable activities
Income from Businesses
Tenants
Communlty
Weddings and events
Operational
Refijrbishment & Improvements
13,131
198.323
44,300
25,689
26,343
13,131
198,323
44,300
25,689
26,343
11,770
205,231
40,525
23,990
32,525
3,367
Total
323,236
139,112
462,348
529,316
EXPENDITURE ON
Charitable activities
Tenants
Communlty
Wedding5 and events
Operational
CMBC - Staying Well
Repairs
Refurblshment & Improvements
Regular Serviclng
Micro Comrnissionlng Tt
Active Calderdale
Other Restricted
Architertural Herltage Fund
Climate Emergency
Crucible
staylng Well 2
Mental Health & Well being
Hope
40606 - Warm Spaces
151
{345)
{561
346,631
30,517
330
1,571
20,342
18,524
16,930
12,329
8,587
2,500
5,171
315,525
9,862
(9781
325,387
1978)
245
245
18,974
18,974
6,005
6,005
15,989
15,989
8,568
6,720
11,867
4,098
8,568
6,720
11,867
4,098
658
16,038
658
16,038
Total
335,402
78,169
413,571
463,182
NET INCOME/(EXPENDThURE)
(12,166)
60,943
48,777
66,134
RECONCILIATION OF FUNDS
Total funds brought fO￿ard
2,304,934
1,134,456
3,439,390
3,373,256
TOTAL FUNDS CARRIED FORWARD
2,292,768
1,195,399
3,488,167
3,439,390
The notes forni part of these finanaal statements
Page 17

HEBDEN BRIDGE COMMUNrrY ASSOCIATION LTD
BALANCE SHEET
31ST AUGUST 2024
2024
Totsl
funds
2023
Total
funds
Unrestricted
funds
Restricted
funds
Notes
FXXED ASSETS
Tangible assets
Investments
11 2,729,698
12
996,114
3,725,812
3,713,692
2,729,699
996,114
3,725,813
3,713,693
CURRENT ASSETS
Debtors
Cash at bank and in hand
13
43,178
126,443
43,178
325,728
56,875
312,915
199,285
169,621
199,285
368,906
369,790
CREDThORS
Amounts falling due wlthin one year
14
170,836}
(70,836)
{91,235)
NET CURRENT ASSETS
98,785
199,285
298,070
278,555
TOTAL ASs￿s LESS CURRENT
UABILITIES
2,828,484
1,195,399
4,023,883
3.992,248
CREDfroRS
Amounts falling due after more than one
year
15
(535,715)
{535,715} 1552,858)
NET ASSETS
2,292,769
1, 195,399
3,488,168
3,439,390
FUNDS
Unre5trirted funds..
General fund
Designated fund
Flood Fund
Property Reserve Fund
18
1,827,182
405,587
20,000
40,000
1,832,141
427,793
15,000
30,000
2,292,769
2,304,934
Restricted funds:
ERDF
CMBC - Staying Well
Co-op Funds
Access Grant
Micro-cornmissioning Staying Well
Artive Calderdale
Other Restricted
40603 - Climate Emergency
40605 - Staying Well
40604 - ArtSve Calderdale
40606 - Warm Spaces
Crucible
40607 - Mental Health & Wellbeing
996,113
1,004,091
{12,785)
2,204
1,045
8,070
1,849
10,746
8,568
48,125
14,866
2,847
44,830
2,185
1,029
2,065
1,363
136,433
14,866
38,110
3,235
1,195,399
1,134,456
TOTAL FUNDS
3,488, 168
3,439,390
The notes fom) part of these flnancSal statements
Page 18
continued...

HEBDEN BRIDGE COMMiINrrY ASSOCIATION LTD
BALANCE SHEET- continued
31ST AUGUST 2024
The charitable company is entitled to exemption from audSt Lsnder Secbon 477 of the Companies Act 2006
for the year ended 31st August 2024.
The members have not deposlted notice, pursuant to Section 476 of the Companies Art 2006 requiring an
audit of these ftnancSal statements.
The trustees acknowledge their responsibilities for
(al
ensuring that the charitable cornpany keeps accounting ￿CordS that comply with Sections 386 and
387 of the Companies Art 2006 and
preparing financial statements which give a true and falr view of the state of affalrs of the
charltable company as at the end of each financial year and of its surplus or deficit for each
financial year in accordan￿ with the requirements of Sertions 394 and 395 and which otherwise
omply with the ￿quirementS of the Companies Act 2006 re5ating to flnancial statements, so far as
applicable to the charltable company.
{b)
These financial statements have been audlted under the requlrements of Sectlon 145 of the Charltles Att
2011.
The fina
clal statements w
approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by:
J Morris Trustee
The notes form part of these financSal statements
Page 19

HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31ST AUGUST 2024
2024
2023
Notes
Cash flows from operating activltles
Cash generated from operations
Interest paid
103,859
112,605)
106,613
{14,669)
Net cash provided by operating actlvStles
91,254
91,944
Cash flows from investing adivities
Purchase of tangible f5xed assets
Sale of tangible fi'xed assets
(61,298)
136,2641
Net cash used in investlng attivities
{61,298)
(36,263)
Cash flows from financing artivltles
Loan repayments in year
{17,143)
(17,143)
Net cash used In flnancing activities
117,143)
{17,143)
Change in cash and cash
equivalènts in the reporting period
Cash and cash equivalents at the
beginnlng of the reporting period
12,813
38,538
312,915
274,377
Cash and cash equivalents at the
end of the reporting peri*xl
325,728
312,915
The notes form part of these financial statements
Page 20

HEBDEN BRIDGE COMMUNTfY ASSOCIATION LTD
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31ST AUGUST 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATXNG ACTIVITIES
2024
2023
Net incorn¢ for the reportlng period (as pèr the Statement
of Financial Activities)
Adjustments for:
Depreciation charges
Loss on disposal of fixed assets
Interest paid
Decreasel{increase) in debtors
DeC￿age in creditors
48,778
66,134
49,178
42,090
1,310
14,669
18,294)
19,296)
12,605
13,697
120,3991
Net cash provided by operatlons
103,859
106,613
ANALYSIS OF CHANGES IN NET DEBT
At 1.9.23
Cash flow
At 31.8.24
Net cash
Cash at bank and In hand
312,915
12,813
325,728
312,915
12,813
325,728
Debt
Debts falling due within l year
Debts falllng due after l year
117,143)
{552,858)
(17,143)
1535,715)
17,143
1570,001)
17,143
1552,8581
Total
1257,0861
29,956
1227,1301
The notes form part of these financial statements
Page 21

HEBDEN BIUDGE COMMUN￿ ASSOCXATION LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024
ACCOUNTING POUCIES
Basis of preparlng the financial statements
The financial statement5 of the charitable companyi which is a public benefit entlty under FRS 102,
have been p￿pared in accordance with the Charitie5 SORP (FRS 1021 'Accounting and Reporting
by Charltles: Statement of Recommended Practice applicable to charities preparing thelr accounts
in accordantr with the Flnancial Reportlng Standard appllcèble in the UK and Republic of Ireland
IFRS 1021 leffertive l January 20191., FinancSal Reporting Standard 102 'The Financlal Reporting
Standard applicable in the UK and Republic of Ireland. and the Companies Art 2006. The financlal
statements have been prepared under the historical cost convention, wlth the exception of
investments which are Included at market value.
The charitable company meets the definltion of a public benefit entity under FRS 102.
The functional and presentation currency of the charitsble company is consldered to be pound
steding (£1 because that IS the currency of the p￿Mary economlc environment In with the company
operates. the financial statements have been prepared using round pounds only.
Preparation of consolldated financlal statements
The financial statements contaln information about Hebden Brfdge Communlty Associatlon Ltd as
an individual company and do not contaln consolidated financial information as the parent of a
group. The charity is exernpt under Section 39912A) Of the Companies Act 2006 from the
requ1￿ments to prepare consolidated financial statements.
Income
All Income is recognlsed in the Statement of Financial Activities once the charSty has entitlement to
the funds, it is probable that the Inctsme will be recelved and the amount can be measured reliably.
Income is the amount derived from the provision of goods / serv1￿, and stated after trade
discounts, other sales taxes and net of VAT.
Donations and grants a￿ ￿CognIsed when the charitable company has been notified in writing of
both the amount and settlement date. In the event that a donation or grant is subject to conditlons
that requlre a level of perf0rrnan￿ befo￿ the charltable company is entitled to the funds, the
Income is allocated to a separate ￿$trIcted fund and recognised a5 those conditions are met.
Dividends a￿ recognised once the divldend has been declared and notification has been received
of the dividend due.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructlve obligation
committing the charity to that expendlture, It is probable that a transfer of economie benefits will
be required in settlement and the amount of the obligatlon can be meastjred ￿lIablY. Expenditure
is accounted for on an accruals basls 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 actlvlties on a basis consistent with the use of ￿sourCes.
Grants offered subject to conditions which have not been met at the year end date a￿ noted a5
commitment but not accrued as expenditure.
Tangible fixed assets
Depreclation is provided at the followlng annual rates In order to write off each asset over Its
estlmated useful Ilfe.
Ltsng leasehold
Fixtures and flttSngs
Computer equipment
over the term of the lease
25% on cost
25Wo on cost
Tangible fixed assets are Snltlalty ￿corded at cost.
Taxatlon
The charity Is exempt from corporation tax on it5 charitsble artivities.
Page 22
continued...

HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD
NOTES TO THE FINANCXAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024
ACCOUNTING POLICIES - contlnued
Fund accounting
Unrestricted funds can be used in accordan￿ with the charitable objertives at the discretlon of the
trustee5.
Restricted funds can only be used for particular restrirted purposes within the objetts of the
charity. Restrictions arise when specified by the dtsnor or when fiknds a￿ raised for particular
restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
ststements.
Pension costs and other post-retirement benefit$
The charitable company operates a defined contribution pension scheme. Contributions payable to
the charitable company's pension scheme are charged to the Statement of Financial Artivities in
the period to which they relate.
Invèstménts in subsidiary undertakings
Investments in subsidiary undertakings are initially ￿cOrded at costs with consideration taken ft)r
any dirninution in value with 15 expected to be permanent.
DONATIONS AND LEGACIES
2024
2023
Donations
Grants
Dividends from subsidiary
4,753
139,109
10,700
3,526
205,685
2,697
154,562
211,908
Grants received, included in the above, are a5 follows:
2024
2023
CMBC - Staying Well
other Operational Un￿striCed
Micro-commissioning Staying Well
Aciive Calderdale
other Restricted
Architectural Heritage Fund
Climate Emergency
Warm Spaces
Crucible
staying Well 2
Mental Health & Wellbeing
Other grants
17,747
29,375
12,241
7,258
18,779
34,146
8,972
(10,750)
2,847
50,000
9,870
1,383
16,037
94,234
7,333
(7,495)
52,817
139,109
205,685
Page 23
continued...

HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024
INCOME FROM CHARITABLE ACTIVZTIES
Tenants
Business
Communlty
Weddings
and events
Rental income & room hire
Recharge of facllltles
other income
185,940
12,383
13,131
44,300
25,689
198,323
13,131
44,300
25,689
Operatlonal
Reftjrblsh
2024
2023
Rental income & room hire
Recharge of facilities
Other Income
7,966
1,735
16,642
277,026
14,118
16,642
268,311
37,242
13,927
26,343
307,786
320,685
CHARITABLE ACTIVITIES COSTS
Grant
funding of
attivities
(see note
51
Support
costs (see
note 6)
Direct
Costs
Totals
Operational
CMBC - Staylng Well
Repairs
Regular Servicing
Micro Commissioning Tl
Other Restricted
Climate Emergency
Cruclble
staying Well 2
Mental Health & Well being
Hope
40606- Warm Spaces
298,777
(9781
245
18,974
2,563
24,046
325,386
(978)
245
18,974
6,005
15,989
8,568
6,720
11,867
4,098
658
16,038
6,005
15,989
8,568
3,720
11,867
2,981
658
16,038
3,000
1,117
376,839
12,685
24,046
413,570
GRANTS PAYABLE
2024
2023
Operational
Micro Commlsslonlng Tt
Crucible
Mental Health & Well being
2,563
6,005
3,000
1,117
9,443
12,685
9,443
The total gTrnts paid to instltutions during the year was as
follows..
2024
2023
Mental Health & Wellbelng
9,685
Page 24
continued...

HEBDEN BRIDGE COMMUNrtY ASSOCIATION LTD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024
SUPPORT COSTS
Governance
costs
Management
Totals
Operational
12,605
11,441
24,046
Support costs, included In the above, are as follows:
Management
2024
2023
Total
activlties
Operatlonal
Bank loan Inte￿5t
12,605
14,669
Governance cogts
2024
2023
Total
attivities
Operational
Auditors, remuneration
Accountancy & bookkeeping fees
Legal fees
3,000
5,502
2,939
3,642
8,973
14,786
ii,Hi
27,401
NET INCOME/(EXPENDrruRE)
Net Incomellexpenditurel is stateij after charging/lcredlting)'.
2024
2023
Auditors, remuneration
DepreciatSon - owned assets
Deflcit on disposal of fixed assets
3,000
49,178
3,642
50,592
1,310
TRUSTEES, REMUNERATXON AND BENEFITS
There We￿ no trustees, remuneration or other benefits for the year ended 31st August 2024 nor
for the year ended 31st August 2023.
Trnstees. expènses
There We￿ no trustee5' expenses paid for the year ended 31st August 2024 nor for the year
ended 315t ALJ¢JUSt 2023.
STAFF COSTS
2024
2023
Wages and salaries
Social security costs
Other pension costs
156,682
8,117
7,620
155,838
6,763
7,282
172,419
169,883
Page 25
continued...

HEBDEN BRIDGE COMMUNrrY ASSOCIATION LTD
NOTES TO THE FINANCXAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGusf 2024
srAFF COSTS - contlnued
The average monthly number of employees durfng the year was as follows:
2024
12
2023
io
Catering
Cleaning
Admlnlstration
li
12
25
24
No employees received emoluments in excess of £60,000.
The Remuneratlon of the executlve director (who Is neither a board member or trustee) was
£37,486 (2023.. £34,934).
Staff costs of £124,079 (2023.. £114,830) were incurred in respect of the subsldiary undertaklng
and a5 such these costs have been transferred to the subsidiary undertaking.
10. COMPARATJVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
UnreSt￿Cted
funds
Restrlcted
fund5
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
33,435
178,473
211,908
Charitable activities
Income from Businesses
Tenant5
Community
Weddings and events
Operational
Refurblshment & Improvernents
11,770
205,231
40,525
23,990
32,525
3,367
11,770
205,231
40,525
23,990
32,525
3,367
Total
350,843
178,473
529,316
EXPENDITURE ON
Charltable artivities
Tenants
Community
Weddings and events
Operational
CMBC Staylng Well
Repairs
Refurbishment & Improvements
Regular Servicing
Micro Commlssloning Tt
Active Calderdale
Other Restricted
Archltectural Heritage Fund
Climate Emergency
Crucible
151
(3451
1561
337,188
151
1345)
156}
346,631
30,517
330
1,571
20,342
18,524
16,930
12,329
8.587
2,500
5,171
9,443
30,517
330
1,571
20,342
18,524
16,930
12,329
8,587
2,500
5,171
Totsl
359,181
104,001
463,182
NET INCOME/(EXPENDThURE)
18,338)
74,472
66,134
RECONCILIATION OF FUNDS
Total funds brought forward
2,313,272
1,059,984
3,373,256
Page 26
ontinued...

HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024
10. COMPARATIVES FOR THE STATEMENT OF FXNANCIAL ACTIVITIES - continued
Unrestrirted
Restricted
nds
funds
Total
funds
TOTAL FUNDS CARRIED FORWARD
2,304,934
1.134,456
3,439,390
11. TANGIBLE FXXED ASSETS
Fixtures
and
fittirbgs
Long
leasehold
Computer
equlpment
Totals
COST
At 1st September 2023
Additions
4,030,164
31,462
192,303
25,881
68,181
3,955
4,290,648
61,298
At 31st August 2024
4,061,626
218,184
72,136
4,351,946
DEPRECIATION
At 1st September 2023
Charge for year
365,682
41,110
147,848
4,306
63,426
3,762
576,956
49,178
At 31st August 2024
406,792
152,154
67,188
626,134
NET BOOK VALUE
At 31st August 2024
3,654,834
66,030
4,948
3,725,812
At 31st August 2023
3,664,482
44,455
4,755
3,713,692
12. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
MARKET VALUE
At 1st September 2023 and
31st August 2024
NET BOOK VALVE
At 31st August 2024
At 31st August 2023
There were no investment assets outside the UK.
The company's Investments at the balan￿ sheet date in the share capltal of eompanles include the
followlng..
The Town Hall ca￿ Limited
Registered offi¢e.' Hebden Bridge, Town Hall, St George Street, Hebden Brfdge, HX7 7BY
Nattjre of business.. Café
Class of share..
Ordinary
htslding
loo
2024
2023
Agg￿gate capital and reserves
Profit for the year
15,872
9,796
16,776
10,700
Page 27
continued...

HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD
NOTES TO THE FINANCIAL STATEMENTS - continu¢d
FOR THE YEAR ENDED 31ST AUGUST 2024
13.
DEBTORS: AMOUNTS FALLING DUE WThHIN ONE YEAR
2024
2023
Trade debtors
Amounts owed by group undertaklngs
Other debtors
Prepayments and accrued Income
18,916
7,354
45
16,863
38,341
1,134
708
16,692
43,178
56,875
14. CREDITORS: AMOUNTS FALLING DUE W￿HIN ONE YEAR
2024
2023
other loans (see note 16)
Trade creditors
Social security and other taxes
VAT
other credltors
Accruals and deferred Income
17,143
4,084
4,457
14,473
5,992
24,687
17,143
10,044
2,616
8,731
25,104
27,597
70,836
91,235
15. CREDrroRS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024
2023
other loans (see note 16)
535,715
552,858
16. LOANS
An analysis of the MatU￿ty of loans is given below:
2024
2023
Amounts falllng due within one year on demand..
Calderdale NBC loan
17,143
17,143
Amounts falling between one and two years-
Calderdale MBC loan
17, 143
17,143
Amounts falllng due be￿een two and five years:
Calderdale MBC loan
Calderdale MBC loan
15,000
51,429
15,000
51,429
66,429
66,429
Amounts falling due in rn0￿ than flve years..
Repayable by instalments..
Calderdale NBC loan
Calderdale MBC loan
15,000
437,143
452,143
15,000
454,286
469,286
Page 28
Continued...

HEBDEN BRIDGE COMMUNfTY ASSOCIATION LTD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024
17. SECURED DEBTS
The followlng secured debts are Included wlthln credltors:
2024
2023
Calderdale MBC loans
552,858
570,OQI
Other loans are secured by way of a charge over the leasehold hebden bNdge council off1tt5 {title
number WYK9324461 and a fixed and floating charge over all property or undertaking of the
company-
18. MOVEMENT IN FUNDS
Net
movement
In funds
Transfer5
between
funds
At
31.8.24
At 1.9.23
Unrestricted fund$
General ftjnd
Designated fvnd
Flood Fund
Property Reserve Fund
1,832,141
427,793
15,000
30,000
10,041
(22,206)
115,0001 1,827,182
405,587
20,000
40,000
5,000
10,000
2,304,934
{12,1651
2,292,769
Restricted funds
ERDF
CMBC - Staying Well
Co-op Funds
Access Grant
Mi¢m-Commlsslonlng Staylng Well
Active Calderdale
Other Restricted
40603 - Cllmate Emergency
40605 - Staylng Well
4D604 - Active Calderdale
40606- Warm Spa￿s
Crucible
40607 - Mental Health & Wellbeing
1,004,091
112,785)
2,204
1,045
8,070
1,849
10,746
8,568
48,125
14,866
2,847
44,830
(7,9781
18,725
1191
1161
(6,0051
(1,849)
(9,383)
{8,568)
82,368
996,113
15,940)
2,185
1,029
2,065
1,363
5,940
136,433
14,866
{2,847)
{6,720)
3,235
38,110
3,235
1,134,456
60,943
1,195,399
TOTAL FUNDS
3,439,390
48,778
3,488,168
Page 29
continued...

HEBDEN BRIDGE COMMUN￿ ASSOCIATION LTD
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST AUGUST 2024
18. MOVEMENT IN FUNDS- eontinued
Net movement in funds, included In the above are as follows..
Incomlng
resource5
Resour￿5
expended
Movement
In funds
Unrestrlctod funds
General fund
Designated fund
323,236
1313, 195)
(22,206)
10,041
{22,2061
323,236
{335,4011
(12,165)
Restricted fund$
ERDF
CMBC Staying Well
Co-op Funds
Access Grant
Micro-commissloning Stsying Well
Active Calderdale
Other Restricted
40603 - Cllmate Emergency
40605 - Staying Well
40606 - Warm sPa￿s
Crucible
40607 - Mental Heèlth & Wellbeing
(7,978)
978
(19)
(16)
{6,005}
{1,8491
{15,9891
18,568)
(11,867)
(16,038)
16,720)
{4,0981
{7,9781
18,725
119)
{16)
16,005)
11,849}
{9,3831
(8,5681
82,368
(2,847)
16,720)
3,235
17,747
6,606
94,235
13,191
7,333
139,112
{78,169)
60,943
TOTAL FUNDS
462,348
1413,570)
48,778
Page 30
continued...

HEBDEN BRXDGE COMMUNITY ASSOCIATION LTD
NOTES TO THE FXNANCIAL STATEMENTS- contiTrued
FOR THE YEAR ENDED 31ST AUGUST 2024
18. MOVEMENT IN FUNDS - continued
Comparntives for movement in fund$
Net
movement
in funds
At
31.8.23
At 1.9.22
Unrestricted funds
General fund
Designated fvnd
Flood Fund
Property Reserve Fund
1,840,479
427,793
15,000
30,OL)O
18,338)
1,832,141
427,793
15,OLIO
30,000
2,313,272
(8,3381 2,304,934
Restricted funds
ERDF
CMBC - Stsylng Well
Flood
Flood Stories
Co-op Funds
Access Grant
Micro-commissioning Staying Well
Actlve Calderdale
Other Restritted
Architectural Herftage Fund
40603 - Climate Emergency
40605 - Staying Well
40604 Active Calderdale
40606 - Warm Spo￿$
Crucible
1,012,594
{2,268)
580
326
2,222
1,061
19,337
(8,5031 1,004,091
110,5171
{12,785)
{580}
1326)
{18)
(16)
(11,267)
1,849
3,410
3,021
113,2491
48,125
14,866
2,847
44,830
2,204
1,045
8,070
1,849
10,746
7,336
{3,021)
21,817
8,568
48,125
14,866
2,847
44,830
1,059,984
74,472
1,134,456
TOTAL FUNDS
3,373,256
66,134
3,439,390
Page 31
continued...

HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024
18.
MOVEMENT IN FUNDS- ¢ontinued
Comparntive net movement In funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
In funds
Unrèstricted funds
Gertreral fvnd
350,843
(359,181)
{8,3381
Restricted funds
ERDF
CMBC - Staying Well
Flood
Flood Stories
Co-op Funds
Access Grant
Micro-Commi5sioning StsySng Well
Actlve Calderdale
Other Rest￿cted
ArchitectLJral Heritage Fund
40603 - Climate Emergency
40605 Staylng Well
40604 - Active Calderdale
40606 - Warm Spaces
Crucible
18,5031
123,6421
(5801
(3261
{18)
(16)
(18,524)
116,9301
112,3291
18,587)
12,500)
{6,875)
18,503)
(10,517)
{5801
(3261
1181
{16)
(11,267)
1,849
3,410
3,021
{13,249)
48,125
14,866
2,847
44,830
13,125
7,257
18,779
15,739
11,608
110,749)
55,000
14,866
2,847
50,001
(5,1711
178,473
{104,001)
74,472
TOTAL FUNDS
529,316
(463,1821
66, 134
A current year 12 months and prior year 12 months combined posltion is as follows:
Net
movement
in ftjnds
Tran5fer5
between
funds
At
31.8.24
At 1.9.22
Unrestrirted funds
General fund
Designated fund
Flood FLJnd
Property ReSe￿e Fund
1,840,479
427,793
15,000
30,000
1,703
{22,2061
(15,ODO} 1,827,182
405,587
20,000
40,000
5,000
10,000
2,313,272
120,5031
Restricted funds
ERDF
CMBC - Staylng Well
Co-op Funds
Access Grant
Micro-Cornmi5sioning Staylng Well
other Restricted
40603 - Climate Emergency
40605 - Staying Well
40604 - Active Calderdale
Crucible
40607 - Mental Health & Wellbelng
2,292,769
1,012,594
12,268}
2,222
1,061
19,337
7,336
21,817
116,481)
8,208
(37)
(32)
117,272 }
(5,9731
121,8171
130,493
14,866
38,110
3,235
996,113
(5,940)
2,185
1,029
2,065
1,363
5,940
136,433
14,866
38,110
3,235
1,062,099
133,300
1,195,399
TOTAL FUNDS
3,373,256
114,912
3,488,168
Page 32
continued...

HEBDEN BRIDGE COMMUNITY ASSOCIATION LTO
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024
18. MOVEMENT IN FUNDS- contlnued
A current year 12 months and prior year 12 months combined net movement In funds, Included In
the above are as follows=
Incoming
resources
Resources
expended
Movement
in fLJnds
Unrestricted funds
General fund
Designated fund
674,079
(672,3761
122,2061
1,703
(22,206)
674,079
1694,5821
(20,503)
Restricted funds
ERDF
CMBC Staying Well
Co-op Funds
Access Grant
Micro-Commis5ioning Staying Well
Artive Calderdale
Other Restrlcted
40603 - Cllmate Emergency
40605 - Staying Well
40604 - Atiive Calderdale
40606 - Warm Spaces
Crucible
40607 - Mental Health & Wellbetng
(16,4811
{22,6641
1371
1321
{24,5291
{18,7791
{28,3181
{11,0681
(18,7421
(16,481)
8,208
(37)
(32)
(17,272)
30,872
7,257
18,779
22,345
110,749}
149,235
14,866
16,038
50,001
7,333
15,973)
(21,817)
130,493
14,866
{16,038)
{11,891)
(4,098)
38,110
3,235
305,977
1172,677)
133,300
TOTAL FUNDS
991,664
1876,752)
114,912
Designated fund
In 2010 the leasehold bu￿IdIng known as Hebden Bridge Town Hall was gifted to the charity by
CMBC the value of the gift in 2010 was £450,000.
Flood Fund
This fund has been deslgnated to ensure that the associatlon can met any unlnsured costs Incurred
by future floods.
Property Reserve
This fund ha5 been designated to allow for future replacement costs to buildings, plant equiprnent
and fixture5.
ERDF
15 represented by grants received in order to aid the building of the extension to the town hall.
CMBC Staying Well
The Staying Well scheme was set up to ensure older people and people with dementia have
somewhere to go to socialise and interact wlth others. The grants glven are for the admlnlstratlon
of this scheme within Hebden Bridge.
Flood Stories
This is a grant from Community Foundation for Calderdale which was given to tell stories about the
flood including the Waving not Drowning Film, Flood Stories for the Map Chair and to tell HBCA'S
own story.
Page 33
continued..

HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD
NOTES TO THE FINANCIAL STATEMENTS - ¢offttinued
FOR THE YEAR ENDED 31ST AUGUST 2024
19. RELATED PARTY DISCLOSURES
The charitable company has taken advantage of exemption, under the terms of Flnanclal Reportlng
standard 102 'The Financial Reporting Standard applicable in the UK and Republlc of I￿land,, not
to disclose related party transactions wlth wholly owned subsidiaries within the group.
The￿ were no other related party transactions for the year ended 31 August 2024.
Page 34

HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST AUGUST 2024
2024
2023
INCOME AND ENDOWMENTS
Donations and le9acies
Donations
Grants
DSvidends from subsidiary
4,753
139,109
10,700
3,526
205,685
2,697
154,562
211,908
Charitable activities
General
other income
295,965
11,821
306,941
10,467
307,786
317,408
Total incoming resources
462,348
529,316
EXPENDITURE
Charitable artivitiès
Wages
Social security
Pensions
Rates and water
Insurance
Llght and heat
Telephone
Postage and statlonery
Advertising
Sundries
Repairs & malntenan
Cleaning
Computer repairs & maintenance
Licences
Room hi
Subscription5
Employee & volunteer expenses
Employee training
Bad debts
Bank & paypal charges
Contrlbution towards operational costs
Long leasehold
fixture5 and fittings
Computer equipment
Loss on sale of tangible fixed assets
Grants to in5titutlons
156,682
8,117
7,620
8,627
15,228
60,376
278
1,613
10,471
143
28,777
10,966
17,383
1,076
155,838
6,763
7,282
7,362
12,651
53,112
357
1,714
4,469
995
53,403
9,418
16,456
753
26,082
1,260
1,844
4,278
1,729
1,386
2,079
(137)
3,223
4,232
33,117
4,322
3,762
29.284
8,502
4,304
1,310
9,443
12,685
389,524
421,112
Support costs
Management
Bank loan interest
12,605
14,669
Govérnance costs
Auditors, remuneratlon
Carried forwvard
3,000
3,000
3,642
3,642
Thls page does not form part of the ststutory ftnancial statements
Page 35

HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST AUGiIST 2024
2024
2023
Governance costs
8rought forward
Accountancy & bookkeeping fees
Legal fees
3,000
5,502
2,939
3,642
8,973
14,786
11,441
27,401
Totsl reSoUr￿S expended
413,570
463,182
Net income
48,778
66,134
This page does not form part of the statutory financial statements
Page 36