COMPANY REGISTRATION NUMBER: 06217004
CHARITY REGISTRATION NUMBER: 1129839
Moorclose Community Centre Limited
Company Limited by Guarantee
Unaudited Financial Statements
30 April 2024
Lamont
Pridmore

Moorclose Community Centre Limited
Company Limited by Guarantee
Financial Statements
Year ended 30 April 2024
Page
Trustees, annual report (incorporating the director's report)
Independent examiner's report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financial position
Notes to the financial statements
The following pages do not form part of the financial statements
Detailed statement of financial activities
16
Notes to the detailed statement of financial activities
17

Moorclose Community Centre Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 30 April 2024
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudited financial statements of the charity for the year ended 30 April 2024.
Reference and administrative details
Registered charity name
Moorclose Community Centre Limited
Charity registration number
1129839
Company registration number 06217004
Principal office and registered Moorclose Community Centre
office
Needham Drive
Workington
Cumbria
CA14 3SE
The trustees
AJGood
S G Palmer
M Pattinson
Independent examiner
Lamont Pridmore (West Cumbria> Ltd
Milburn House
3 Oxford Street
Workington
Cumbria
CA14 2AL
Structure, governance and management
Governing Document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited
company, limited by guarantee, as defined by the Companies Act 2006.
Moorclose Community Centre Limited is constituted as a company limited by guarantee and is a
registered charity. The charitable company is governed by its Memorandum and Articles of
Association dated 30 July 2007 as amended by special resolution on 25 March 2009.
Induction and training of new trustees
The aim is to maintain a trustee board with a range of skills which will be useful to the organisation.
New trustees are taken through an induction procedure.
Day to day management
The centre is managed by Angela Good.

Moorclose Community Centre Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 April 2024
Objectives and activities
The charitable company's objectives are to engage in any business, trade or industry which may seem
to the company directly or indirectly conducive to the interest or convenience of the company's
members or any section thereof or of the community in the company's area of activity generally.
The trustees have referred to the guidance contained in the Charity Commission's general guidance
on public benefit when reviewing the Charity's aims and objectives and in planning future activities. In
particular, the trustees consider how planned activities will contribute to the aims and objectives they
have set.
statement of trustees, responsibilities
The trustees (are also directors of Moorclose Community Centre Limited for the purpose of company
law) are responsible for preparing the Trustees, Annual Report and the financial statements in
accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law requires the trustees to prepare financial statements for each financial year which give a
true and fair view of the state of affairs of the charitable company and of the incoming resources and
application of resources, including the income and expenditure, of the charitable company for that
period. In preparing these financial statements, the trustees are required to-
Select suitable accounting policies and then apply them consistently.,
Observe the methods and principals in the Charities SORP.,
Make judgements and estimates that are reasonable and prudent..
State whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements- and
Prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time the financial position of the Charitable company and which enable them to ensure
that the financial statements comply with the provisions of the Statement of Recommended Practice
(SORP) 'Accounting and Reporting by Charities, issued in March 2005. They are also responsible for
safeguarding the assets of the charitable Company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Achievements and performance
The centre is now back to pre pandemic levels, costs are being controlled in line with available funds
and useage of the centre is at an all time high.

Moorclose Community Centre Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 April 2024
Financial review
Incomings for the year amounted to £94,734 (2023 £68,388}. Outgoings for the year amounted to
£99,640 (2023 £89,673). This resulted in a net expenditure of £4,906 (2023 £21,285). The bank
balance has increased to £15,194 from an opening position of £11,042.
The trustees have examined the charity's requirement for reserves. It has established a policy
whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity
should be between 3 and 6 months of the expenditure. Assuming similar expenditure levels to this
year (£99,640) the policy would look to hold reserves of £70,000 in general funds. The reseNes are
needed to meet the working capital requirements of the charity and the trustees are confident that at
this level they would be able to continue the current acitivites of the charity in the even of a significant
drop in funding. The present level of reserves being £21,109 is unfortunately well below the level set
by the trustees.
It is going to take time to recover but the trustees are adamant that this will
happen as they are already seeing an upturn in usage of the facility as can be seen by this years
figures.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to
the small companies exemption.
The trustees, annual report was approved on 23 October 2024 and signed on behalf of the board of
trustees by..
AJGood
Trustee
S G Palmer
Trustee

Moorclose Community Centre Limited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Moorclose Community
Centre Limited
Year ended 30 April 2024
I report to the trustees on my examination of the financial statements of Moorclose Community Centre
Limited ('the charity,) for the year ended 30 April 2024.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
the charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In
carrying out my examination I have followed the Directions given by the Charity Commission under
section 145{5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection
with the examination giving me cause to believe..
accounting records were not kept in respect of the charity as required by section 386 of the
2006 Act., or
the financial statements do not accord with those records., or
the financial statements do not comply with the accounting requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fair, view which
is not a matter considered as part of an independent examination., or
the financial statements have not been prepared in accordance with the methods and
principles of the Statement of Recommended Practice for accounting and reporting by
charities applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
(SLk£(woL KILk6
Ptri&K6tre
Lamont Pridmore (West Cumbria) Ltd
Independent Examiner
Milburn House
3 Oxford Street
Workington
Cumbria
CA14 2AL

Moorclose Community Centre Limited
Company Limited by Guarantee
statement of Financial Activities
(including income and expenditure account)
Year ended 30 April 2024
2024
Restricted
funds Total funds
2023
Unrestricted
funds
Total funds
Note
Income and endowments
Charitable activities
94,734
94,734
68,388
Total income
94,734
94,734
68,388
Expenditure
Expenditure on charitable activities
Total expenditure
99,640
99,640
89,673
99,640
99,640
89,673
Net expenditure and net movement in
funds
{4,906)
(4,906)
(21,285)
Reconciliation of funds
Total funds brought forward
Total funds carried forward
23,530
18,624
2,485
26,015
47,300
2,485
21,109
26.015
The ststement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 7 to 14 form part of these financial statements.

Moorclose Community Centre Limited
Company Limited by Guarantee
Statement of Financial Position
30 April 2024
2024
2023
Note
Fixed assets
Tangible tixed assets
12
11,001
17,696
Current assets
Debtors
Cash at bank and in hand
13
1,410
15,194
16,604
1,535
11,042
12,577
Creditors: amounts falling due within one year
Net current assets
14
6,496
4,258
10,108
8,319
Total assets less current liabilities
21,109
26,015
Net assets
21.109
26,015
Funds of the charity
Restricted funds
Unrestricted funds
2,485
18,624
2,485
23,530
Total charity funds
15
21,109
26,015
For the year ending 30 April 2024 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Directors, responsibilities..
The members have not required the company to obtain an audit of its financial statements for the
year in question in accordance with section 476-,
The directors acknowledge their responsibilities for complying with the requirements of the Act
with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
These financial statements were approved by the board of trustees and authorised for issue on 23
October 2024, and are signed on behalf of the board by..
AJGood
Trustee
S G Palmer
Trustee
The notes on pages 7 to 14 form part of these financial statements.

Moorclose Community Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 30 April 2024
General information
The charity is a public benefit entity and a private company limited by guarantee, registered in
England and Wales and a registered charity in England and Wales. The address of the
registered office is Moorclose Community Centre, Needham Drive, Workington, Cumbria, CA14
3SE.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the 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) (Char(ties
SORP (FRS 102)) and the Companies Act 2006.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity-
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires the use of estimates and assumptions that
affect the application of policies and reported amounts of assets and liabilities, income and
expenses. Any estimate that has a degree of Ltncertainty or where judgement has been
exercised in a particular area is expressly disclosed within the relevant accounting policy.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal. and fall into one of two sub-classes- restricted income fljnds or
endowment funds.

Moorclose Community Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 April 2024
Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity- it is probable that the economic benefits associated with the transaction
will flow to the charity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income:
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the
accounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates..
expenditure on raising funds includes the costs of all fundraising activities, events, non-
charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reftecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the activities they contribute to on a reasonable, justifiable and consistent basis.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The
aggregate benefit of lease incentives is recognised as a reduction to expense over the lease
term, on a straight-line basis.

Moorclose Community Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 April 2024
Accounting policies (continued)
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value, over the useful economic life of that asset as follows..
Long leasehold property
Fixtures and fittings
10 % straight line
25 % reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. INhere the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the cash-
generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable
group of assets that includes the asset and generates cash inflows that largely independent of
the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.

Moorclose Community Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 April 2024
Accounting policies (contsnuedj
Financial instruments (continued)
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otheNise be measured
reliably, the investment is subsequently measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impairment.
other financial instruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes
recognised in the statement of financial activities, with the exception of hedging instruments in a
designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting date. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial
activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are
individually significant, these are assessed individually for impairment. other financial assets are
either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
Limited by guarantee
Moorclose Community Centre Limited is constituted as a company limited by guarantee and is a
registered charity. The charitable company is governed by its Memorandum and Articles of
Association dated 30 July 2007 as amended by special resolution on 25 March 2009.
Charitable activities
Unrestricted Total Funds Unrestricted Totsl Funds
Funds
2024
Funds
2023
Grant income
Rent received
19,358
75,376
19,358
75,376
94,734
11,093
57,295
11,093
57,295
94,734
68,388
68.388
10-

Moorclose Community Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 April 2024
Expenditure on charitable activities by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Community Centre
99,640
99,640
89,673
89,673
Expenditure on charitable activities by activity type
Grant funding Total funds
of activities
2024
Total fund
2023
Community Centre
99,640
99,640
89,673
Net expenditure
Net expenditure is stated after chargingl(crediting)'.
2024
2023
Depreciation of tangible fixed assets
Operating lease rentals
6,695
7,303
899
Independent examination fees
2024
2023
Fees payable to the independent examiner for..
Independent examination of the financial statements
2,184
2,082
10. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2024
2023
Wages and salaries
13,028
13,209
The average head count of employees during the year was 212023: 2). The average number of
full-time equivalent employees during the year is analysed as follows..
2024
No.
2023
Number of staff
No employee received employee benefits of more than £60,000 during the year (2023.. Nil).
11

Moorclose Community Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 April 2024
11. Trustee remuneration and expenses
There were no trustee's remuneration or other benefits for the year ended 30 April 2024 nor for
the year ended 30 April 2023.
There were no trustee's expenses paid for the year ended 30 April 2024 nor for the year ended
30 April 2023.
12. Tangible fixed assets
Long
leasehold Fixtures and
property
fittings
Total
Cost
At 1 May 2023 and 30 April 2024
Depreciation
At 1 May 2023
Charge for the year
At 30 April 2024
Carrying amount
At 30 April 2024
At 30 April 2023
106,251
97,219
203,470
92,168
5,974
98,142
93,606
721
185,774
6,695
94,327
192,469
8,109
2,892
11,001
14,083
3,613
17,696
13. Debtors
2024
2023
Prepayments and accrued income
1,410
1,535
14. Creditors: amounts falling due within one year
2024
2023
Accruals and deferred income
Social security and other taxes
6,265
231
4,081
177
6,496
4,258
12-

Moorclose Community Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 April 2024
15. Analysis of charitable funds
Unrestricted funds
At
30 April 202
At
1 May 2023
Income Expenditure
General funds
23,530
94,734
{99,640)
18,624
At
1 May 2022
At
Income Expenditure 30 April 2023
General funds
44,815
68,388
(89,673)
23,530
Restricted funds
At
30 April 202
At
1 May 2023
Income Expenditure
Restricted Fund 1 Capital Grants
Restricted Fund 2 - Toddler Group
funds
2,549
2,549
164)
2,485
(64)
2,485
At
1 May 2022
At
Income Expenditure 30 April 2023
Restricted Fund 1 Capital Grants
Restricted Fund 2 - Toddler Group
funds
2,549
2,549
(64)
2,485
(64)
2,485
13

Moorclose Community Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 April 2024
16. Analysis of net assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
3,186
16,604
(6,4961
13,294
7,815
11,001
16,604
{6,4961
7,815
21,109
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
5,185
12.577
(4,2581
13,504
12,511
17,696
12,577
{4,2581
26,015
12.511
14-

Moorclose Community Centre Limited
Company Limited by Guarantee
Management Information
Year ended 30 April 2024
The following pages do not form part of the financial statements.
15-

Moorclose Community Centre Limited
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 30 April 2024
2024
2023
Income and endowments
Charitable activities
Grant income
Rent received
19,358
75,376
11.093
57,295
68,388
94,734
Total income
94,734
68,388
Expenditure
Expenditure on charitable activities
Wages and salaries
Operating leases
Rates and water
Light and heat
Repairs and maintenance
Insurance
Legal and professional fees
Telephone
Other office costs
Depreciation
13,028
13,209
899
13,590
40,603
5,428
3,169
2,082
2,417
971
7,305
20,112
44,986
5,634
3,509
2,184
2,792
700
6,695
99,640
89,673
Total expenditure
99,640
89,673
Net expenditure
{4,906)
(21,285)
16

Moorclose Community Centre Limited
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 30 April 2024
2024
2023
Expenditure on charitable activities
Community Centre
Grant funding activities
Grant charitable activity 1 wageslsalaries
Grant charitable activity l operating leases
Grant charitable activity 1 rates & water
Grant charitable activity 1 light & heat
Grant charitable activity 1 repairs & maintenance
Grant charitable activity 1 insurance
Grant charitable activity 1 legal and professional fees
Grant charitable activity 1 telephone
Grant charitable activity 1 other costs
Grant charitable activity 1 depreciation
13,028
13,209
899
13,590
40,603
5,428
3,169
2,082
2.417
971
7,305
20,112
44,986
5,634
3,509
2,184
2,792
700
6,695
99,640
89,673
Expenditure on charitable activities
g9,640
89,673
17-