**REGISTERED COMPANY NUMBER: 6812303 (England and Wales) REGISTERED CHARITY NUMBER: 1130464**
## **Report of the Trustees and**
**Financial Statements for the Year Ended 28 February 2023**
## **for**
**Wrenthorpe Community Association Limited**
Sharp Accountants 8 Allison Terrace Kirkhamgate Wakefield West Yorkshire WF2 0SL
**Wrenthorpe Community Association Limited**
**Contents of the Financial Statements for the Year Ended 28 February 2023**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 3|
|**Independent Examiner's Report**|4|
|**Statement of Financial Activities**|5|
|**Balance Sheet**|6 to 7|
|**Notes to the Financial Statements**|8 to 15|
|**Detailed Statement of Financial Activities**|16 to 17|
## **Wrenthorpe Community Association Limited**
## **Report of the Trustees for the Year Ended 28 February 2023**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 28 February 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
Wrenthorpe Community Association Limited provides the Village Hall and Valley Crescent Community Centre for the use of the residents of Wrenthorpe and surrounding areas.
The objective of the charitable company is to provide and maintain these premises, and improve the conditions of life for the beneficiaries and offer equal opportunities to all.
## **ACHIEVEMENT AND PERFORMANCE**
The last year up to February 2023 has been increasingly busy with more groups getting more confident to meet together after the Covid pandemic.
We cater for all ages and abilities, for example Baby Massage, Zumba, Yoga, Kumon educational sessions, garden club, bowls, along with dance groups. The schedule has become much busier in both venues.
We have worked hard to keep up with the maintenance, regular and compulsory checks installed to the hall. We now have all lighting A rated in both places. Our cafe was checked by the environmental health department and we are very proud to have achieved 5 star status. We purchased a new ceramic cooker for our small kitchen, We are working on plans to extend the kitchen. This takes time, getting plans drawn up and obtaining grants.
We now have our own AED in the hall and will be running training sessions later this year. The WCA has helped the community to service 3 AEDs in Wrenthorpe.
The WCA has signed an agreement with a management company to restrict the use of the car park to authorised hall users, but allowing local residents and nursery users to park for sufficient time to visit the chemist or drop off and pick up children.
One of our achievements this year has been the building of a Covid Memorial Garden. It was opened in June 2022 by Rosemary, the widow of our trustee David Arthur who died in 2020 from Covid.
A new adventure starting with the garden is a Mosaic Walk around Wrenthorpe. The community is very involved with this project. It is due to be completed by April. The sessions are attended by all ages from children to adults.
Events the WCA has organised are the Seniors Lunch in December, Brass on the Grass in September and not to forget the wonderful Jubilee celebrations. There was an art exhibition and 3 great coffee mornings. Several people were able to enjoy coffee and cake in the garden.
This year we are organising a Coronation tea party on May 7th for our over 70s. As King Charles will be 74, we are catering for 74 guests.
Page 1
## **Wrenthorpe Community Association Limited**
## **Report of the Trustees**
## **for the Year Ended 28 February 2023**
## **FINANCIAL REVIEW**
These accounts reflect transactions from 1st March 2022 to 28th February 2023.
The total incoming resources for the period ended 28th February 2023 amounted to £40,957. Total expenditure during the period amounted to £57,874 This included the transfer of £17,608 of restricted funds to Wrenthorpe and Kirkhamgate Assist food bank, which now is a registered CIO. The balance of the WCA's expenditure was £40,266.
We also added over £15,000 to our capital assets by creating a COVID memorial garden next to the village hall.
Excluding the transfer of the food bank balances, the surplus for this period amounted to £691. Net Assets at the end of the financial period amounted in £248,368 held in unrestricted reserves.
As a result the WCA continues to be in a strong position and a going concern.
This year we have been successful in maintaining the regular use of the Village Hall at around 160 hours per month. As a result the availability for casual bookings is now limited to Saturday afternoons and Sundays. Valley Crescent regular use is around 70 hours per month.
With the help of grants we created a mosaic trail around the village, and also held Jubilee celebrations.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its memorandum and articles of association and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Wrenthorpe Community Association Limited was created in 2009 as a company limited by guarantee and as the successor to Wrenthorpe Community Association. It is a registered charity.
Members support the aims of the organization and are invited to the Annual General Meeting. Members elect the trustees or members of the management committee and these individuals are also company directors. In the event of the charitable company being wound up, members are required to contribute an amount not exceeding £1. As at 28th February 2023 there were 58 members of whom 9 were trustees and 4 user group members.
## **Recruitment and appointment of new trustees**
The directors of the charitable company are also charity trustees for the purposes of charity law and, under the company's Articles, are known as trustees.
As set out in the Articles of Association the Board of trustees should consist of a minimum of six and a maximum of twelve trustees. A third of trustees shall stand down for re-election at each Annual General Meeting.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
6812303 (England and Wales)
## **Registered Charity number**
1130464
Page 2
Wrenthorpe Community Association Limited
Report of the Trustees
for the Year Ended 28 February 2023
Registered olee
Wrenihorpe Village Hall
Wrenthorpe Llne
Wrenthorpe
Wakcfield
West Yorkshire
WF2 ONE
Truyte¢8
T R Endersby {resi¥ned 1613122)
M Miichell
R Mitchell
N J Rigiby
J M Robinson
S Millington
J Tri¢k¢ii
D Greenwood (resigned 1313123)
J Baker
L Marrison (resigned 1513123)
Company Secretary
J M Robinson
Independent Examiner
Sharp Accountants
8 Allison T¢rra¢¢
Kirkhamgyate
Wakefield
West Yorkshire
WF2 OSL
Bankers
BarLla)'s Bank pl¢
RESERVES POLICY
The trustees aim towardq a position whereby the unrestricted funds not committed or invested in tangible fixed
assets held by the charity should be Sufficient to cover extraordinary maintenance dernand.
Approved by order of the board of trustees on 25 October 2023 and signed on its behalf by:
J M Robinson- Secretary
Page 3
Independent F.xaminer's Report to the Trustees of
Wrenthorpe Community Association Limited
Independent examiner's report to the trust¢e$ of Wrenthorpe Community Assoeiatlon Limited ('the
Company,)
report to (he charity trustees on my examination of the cOUnt5 of the Company for Ihe year ended
28 February 2023.
Responsibilities and basis of report
As the charily's trustees of the Company land also its dire¢lors for the purposes of company lawl you are
responsible for the preparaiion of the accounts in ac¢ordance with the requirements of the Companies Aci 2006
{'the 2006 Act'}.
Having satisfied myself that the accounts of tlie Company are not required to be audited under Part 16 of the
2006 Aci and are eligible for independent exaininalion. I report in respect of my examiiiation of your charity's
accounts as Carried out under Section 145 of tlie Chariti¢s Aci 2011 I'the 2011 Ait,). In carrying out my
¢xamination I have followed the Directions given by ihe Charity Commission under Section 145(5) (b) of the
2011 Aci.
In(Jependent examiner's statement
I have ¢oinplcted my examination. I confirrn that no matters have ¢ome to my attention in connection with the
examinaiion bjivinb? rne cause to believ¢:
accounting records were not kept in respect of the Company as required by S¢¢tion 386 of the 2006 Act;
or
the accounts do not accord will) those records; or
the accounts do not comply witli the a¢¢ouniinby requirements of Section 396 of the 2006 Act oih¢r than
any requiremL'ni that the accounis give a true and fair view which is noi a matter considered as parl of an
independent examination.. or
Ihe aL¢uunis l)ave not been prepared in accordance wirh ihe methixls and principles of the Siaiement of
Recommended Pracrice for accounting and reporting by charilies {applicable lo cl)aritie5 preparing their
a¢counls in a¢cordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland {FRS 102)).
I have no concems and have come across no other matters in connection wilh the examinaiion to which attention
should be drawn in this repon in order to enable a proper understanding ot'ihe accounts to be reached.
Darr¢n Sharp
Sharp A¢countants
25 October 2023
Page 4
## **Wrenthorpe Community Association Limited**
## **Statement of Financial Activities for the Year Ended 28 February 2023**
|**28/2/23**
Unrestricted
Restricted
**Total**
fund
fund
**funds**
Notes
£
£
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**9,907**
**-**
**9,907**
Other trading activities
3
**31,017**
**-**
**31,017**
Investment income
4
**33**
**-**
**33**
**Total**
**40,957**
**-**
**40,957**
**EXPENDITURE ON**
Raising funds
5
**4,687**
**-**
**4,687**
**Charitable activities**
Charitable Activties
**35,579**
**17,608**
**53,187**
**Total**
**40,266**
**17,608**
**57,874**
**NET INCOME/(EXPENDITURE)**
**691**
**(17,608)**
**(16,917)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**247,677**
**17,608**
**265,285**
**TOTAL FUNDS CARRIED FORWARD**
**248,368**
**-**
**248,368**|28/2/22
Total
funds
£
28,923
15,851
4
44,778
3,937
41,628
45,565
(787)
266,072
265,285|
|---|---|
The notes form part of these financial statements
Page 5
## **Wrenthorpe Community Association Limited (Registered number: 6812303)**
## **Balance Sheet 28 February 2023**
|Unrestricted
Restricted
fund
fund
Notes
£
£
**FIXED ASSETS**
Tangible assets
9
**200,096**
**-**
**CURRENT ASSETS**
Debtors
10
**3,697**
**-**
Cash at bank and in hand
**45,196**
**-**
**48,893**
**-**
**CREDITORS**
Amounts falling due within one year
11
**(621)**
**-**
**NET CURRENT ASSETS**
**48,272**
**-**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**248,368**
**-**
**NET ASSETS**
**248,368**
**-**
**FUNDS**
12
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|**28/2/23**
**Total**
**funds**
**£**
**200,096**
**3,697**
**45,196**
**48,893**
**(621)**
**48,272**
**248,368**
**248,368**
**248,368**
**-**
**248,368**|28/2/22
Total
funds
£
194,158
1,627
69,860
71,487
(360)
71,127
265,285
265,285
247,677
17,608
265,285|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 6
Wrenthorpe Community Association Limited (Registered number: 6812303)
B•laD¢e Sheet- WDtinued
28 February 2023
These financial statements have been prepared in a¢¢ord8nce with the provisions applicable io ¢haritttbl¢
companies subject to the small companies regime.
The financial siaiemenis ere approved by the Board of Trustees authorised for issue on 25 October 2023
and were signed on its behalf by..
M Mitchell - Tte¢
N J Rigby- Trustee
The notes form part of these financial statements
Page 7
## **Wrenthorpe Community Association Limited**
## **Notes to the Financial Statements**
**for the Year Ended 28 February 2023**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost - Fixtures and fittings 20% on reducing balance - Memorial garden 5% on reducing balance
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 8
## **Wrenthorpe Community Association Limited**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 28 February 2023**
|**2.**|**DONATIONS AND LEGACIES**|||
|---|---|---|---|
|||**28/2/23**|28/2/22|
|||**£**|£|
||Donations|**452**|956|
||Hub assist|**-**|22,375|
||Grants|**9,455**|5,592|
|||**9,907**|28,923|
||Grants received, included in the above, are as follows:|||
||WMDC|**28/2/23**
**£**
**3,949**|28/2/22
£
5,592|
||National Lottery|**5,206**|-|
||ASDA Foundation|**300**|-|
|||**9,455**|5,592|
|**3.**|**OTHER TRADING ACTIVITIES**|||
||Room hire|**28/2/23**
**£**
**22,562**|28/2/22
£
13,136|
||Wren cafe|**4,668**|921|
||Bowls|**1,540**|906|
||Miscellaneous|**678**|534|
||Neighbourhood Forum|**1,569**|354|
|||**31,017**|15,851|
|||||
continued...
Page 9
## **Wrenthorpe Community Association Limited**
## **Notes to the Financial Statements - continued**
**for the Year Ended 28 February 2023**
## **4. INVESTMENT INCOME**
|**4.**|**INVESTMENT INCOME**|||
|---|---|---|---|
|||**28/2/23**|28/2/22|
|||**£**|£|
||Deposit account interest|**33**|4|
|**5.**|**RAISING FUNDS**|||
||**Raising donations and legacies**|||
||Ground rent|**28/2/23**
**£**
**170**|28/2/22
£
170|
||Water rates|**50**|57|
||Light and heat|**560**|339|
||Insurance|**271**|258|
||Cleaning expenses|**1,141**|637|
||Repairs and maintenance|**496**|461|
||Depreciation|**1,999**|2,015|
|||**4,687**|3,937|
|**6.**|**NET INCOME/(EXPENDITURE)**|||
||Net income/(expenditure) is stated after charging/(crediting):|||
||Depreciation - owned assets|**28/2/23**
**£**
**11,759**|28/2/22
£
11,851|
|||||
## **7. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 28 February 2023 nor for the year ended 28 February 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 28 February 2023 nor for the year ended 28 February 2022.
continued...
Page 10
## **Wrenthorpe Community Association Limited**
## **Notes to the Financial Statements - continued for the Year Ended 28 February 2023**
|**8.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
Restricted
fund
fund
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
6,548
22,375
Other trading activities
15,851
-
Investment income
4
-
**Total**
22,403
22,375
**EXPENDITURE ON**
Raising funds
3,937
-
**Charitable activities**
Charitable Activties
25,181
16,447
**Total**
29,118
16,447
**NET INCOME/(EXPENDITURE)**
(6,715)
5,928
**RECONCILIATION OF FUNDS**
Total funds brought forward
254,392
11,680
**TOTAL FUNDS CARRIED FORWARD**
247,677
17,608|Total
funds
£
28,923
15,851
4
44,778
3,937
41,628
45,565
(787)
266,072
265,285|
|---|---|
continued...
Page 11
## **Wrenthorpe Community Association Limited**
## **Notes to the Financial Statements - continued for the Year Ended 28 February 2023**
## **9. TANGIBLE FIXED ASSETS**
|Fixtures
Freehold
and
property
fittings
£
£
**COST**
At 1 March 2022
**215,000**
**79,921**
Additions
**-**
**2,602**
At 28 February 2023
**215,000**
**82,523**
**DEPRECIATION**
At 1 March 2022
**54,108**
**46,655**
Charge for year
**4,300**
**6,893**
At 28 February 2023
**58,408**
**53,548**
**NET BOOK VALUE**
At 28 February 2023
**156,592**
**28,975**
At 28 February 2022
160,892
33,266
**10.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Prepayments and accrued income|Memorial
garden
£
**-**
**15,095**
**15,095**
**-**
**566**
**566**
**14,529**
-
**28/2/23**
**£**
**1,885**
**1,812**
**3,697**|Totals
£
**294,921**
**17,697**
**312,618**
**100,763**
**11,759**
**112,522**
**200,096**
194,158
28/2/22
£
1,544
83
1,627|
|---|---|---|
continued...
Page 12
## **Wrenthorpe Community Association Limited**
**Notes to the Financial Statements - continued for the Year Ended 28 February 2023**
|**11.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE**
Trade creditors
Accruals and deferred income
**12.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**Restricted funds**
Hub Assist
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
Hub Assist
**TOTAL FUNDS**|**YEAR**
At 1/3/22
£
**247,677**
**17,608**
**265,285**
Incoming
resources
£
**40,957**
**-**
**40,957**|**28/2/23**
28/2/22
**£**
£
**261**
-
**360**
360
**621**
360
Net
movement
At
in funds
28/2/23
£
£
**691**
**248,368**
**(17,608)**
**-**
**(16,917)**
**248,368**
Resources
Movement
expended
in funds
£
£
**(40,266)**
**691**
**(17,608)**
**(17,608)**
**(57,874)**
**(16,917)**|
|---|---|---|
continued...
Page 13
## **Wrenthorpe Community Association Limited**
## **Notes to the Financial Statements - continued for the Year Ended 28 February 2023**
## **12. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|||Net||
|---|---|---|---|
|||movement|At|
||At 1/3/21|in funds|28/2/22|
||£|£|£|
|**Unrestricted funds**||||
|General fund|254,392|(6,715)|247,677|
|**Restricted funds**||||
|Hub Assist|11,680|5,928|17,608|
|**TOTAL FUNDS**|266,072|(787)|265,285|
|Comparative net movement in funds, included in the above are as follows:||||
|**Unrestricted funds**|Incoming
resources
£|Resources
expended
£|Movement
in funds
£|
|General fund|22,403|(29,118)|(6,715)|
|**Restricted funds**||||
|Hub Assist|22,375|(16,447)|5,928|
|**TOTAL FUNDS**|44,778|(45,565)|(787)|
|A current year 12 months and prior year 12 months combined position is as||follows:||
|**Unrestricted funds**|At 1/3/21
£|Net
movement
in funds
£|At
28/2/23
£|
|General fund|254,392|(6,024)|248,368|
|**Restricted funds**||||
|Hub Assist|11,680|(11,680)|-|
|**TOTAL FUNDS**|266,072|(17,704)|248,368|
|||||
continued...
Page 14
## **Wrenthorpe Community Association Limited**
## **Notes to the Financial Statements - continued for the Year Ended 28 February 2023**
## **12. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|63,360|(69,384)|(6,024)|
|**Restricted funds**||||
|Hub Assist|22,375|(34,055)|(11,680)|
|**TOTAL FUNDS**|85,735|(103,439)|(17,704)|
|||||
## **13. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 28 February 2023.
## **14. FOOD BANK AND SUPPORT HUB**
As reported in last year's accounts, the food bank was granted its own charitable status by the Charity Commission. The funds held by the WCA on behalf of the food bank was transferred to the new charity during the year.
Page 15
## **Wrenthorpe Community Association Limited**
**Detailed Statement of Financial Activities for the Year Ended 28 February 2023**
|**Detailed Statement of Financial Activities**
**for the Year Ended 28 February 2023**|||
|---|---|---|
||28/2/23|28/2/22|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|**452**|956|
|Hub assist|**-**|22,375|
|Grants|**9,455**|5,592|
|**Other trading activities**|**9,907**|28,923|
|Room hire|**22,562**|13,136|
|Wren cafe|**4,668**|921|
|Bowls|**1,540**|906|
|Miscellaneous|**678**|534|
|Neighbourhood Forum|**1,569**|354|
|**Investment income**|**31,017**|15,851|
|Deposit account interest|**33**|4|
|**Total incoming resources**|**40,957**|44,778|
|**EXPENDITURE**|||
|**Raising donations and legacies**|||
|Ground rent|**170**|170|
|Water rates|**50**|57|
|Light and heat|**560**|339|
|Insurance|**271**|258|
|Cleaning expenses|**1,141**|637|
|Repairs and maintenance|**496**|461|
|Depreciation of tangible fixed assets|**1,999**|2,015|
||**4,687**|3,937|
|**Charitable activities**|||
|Ground rent|**830**|830|
|Carried forward|**830**|830|
This page does not form part of the statutory financial statements
Page 16
## **Wrenthorpe Community Association Limited**
## **Detailed Statement of Financial Activities for the Year Ended 28 February 2023**
|**Detailed Statement of Financial Activities**
**for the Year Ended 28 February 2023**|||
|---|---|---|
||28/2/23|28/2/22|
||£|£|
|**Charitable activities**|||
|Brought forward|**830**|830|
|Water Rates|**243**|278|
|Light and heat|**2,734**|1,657|
|Insurance|**1,325**|1,262|
|Postage and stationery|**1,185**|496|
|Repairs and maintenance|**2,424**|2,250|
|Cleaning expenses|**5,570**|3,110|
|Miscellaneous expenses|**4,599**|4,995|
|Accountancy|**360**|360|
|Neighbourhood Forum|**1,639**|106|
|Hub assist|**17,379**|16,447|
|Jubilee and Gala|**5,139**|-|
|Depreciation of tangible fixed assets|**9,760**|9,837|
||**53,187**|41,628|
|Total resources expended|**57,874**|45,565|
|**Net expenditure**|**(16,917)**|(787)|
||||
This page does not form part of the statutory financial statements
Page 17