REGISTERED COMPANY NUMBER: 6812303 (England and Wales) REGISTERED CHARITY NUMBER: 1130464 Report of the Trustees and Financial Statements for the Year Ended 29 February 2024 for Wrenthorpe Community Associallon Llmited Sharp Accountants 8 A Ilison Terrace K irkhamgate Wakefield West Yorkshire WF2 OSL
Wrenthorpe Community Association Limited Contents of the Financial St94 tements for the Year Endi'd 29 February 2024 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statemenls 9 to 16 Detailed Statement of Financial Activities 17 to 18
Wrenthorpe Community Association Limited Report of the Trustees for the Year Ended 29 February 2024 The Irustees who are also directors of the charity for the purposes of tlie Coinpanies Act 2006. present their report witli tlie fiiiaiicial statements of the charity for the year ended ?9 February 2024. The Irustees have adopted the provisioiis of Accounlingy aiid Reporting by Charilies: Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard appl icable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Wrenihorpe Coinmuiiity Association Limited provides the Village Hall and Valley Crescent Community Centre for ihe use of the residents of Wrenihorpe and surrounding areas. Tlie objective of ihe charitable coinpany is to provide and Inaintain these preinises. and improve ihe conditions of life for Ilie beneficiaries and offer equal opportunities lo all. Page I
Wrenthorpe Community Association Limited Report of the Trustees for the Year Ended 29 February 2024 ACHIEVEMENT AND PERFORMANCE The lasl year l)as been increasingly busy with lettings to groiips growing in nuinbers and many requests for parties at tlie weekends. We cater for all ages and abilities and a wide range of varying groups. We publislied a full list in our Wreniliorpe Matters newsletter. It includes various exercise classes. children's maths and Engl ish tutoring, baby massabye sessions, a coinmuiiity choir. groups for uklilele. reader5, ladies Ineelings. bible study. indoor bowls, and culiural educalion t.or chi Idren as well as a tea dance, country dancii)g and a gardening club There is also a variet}i of one oty events and meelings. Our newsletter is produced 3 times per year and delivered to every house in Wrenthorpe by a team of volunteers. At both venues we work hard to keep lip witli the maintenance and growing rules and regulations. Legionella and asbestos i nspections. Portable Appliance lesling? and cleaningy of the extractor fans have all been completed. Despite rising prices we are trying to keep costs down and be aware of environmental issues. We are pleased to liave been successful in our bid to Wakefield Council for funding from West Yorkshire Cornbined Authority's Cominuiiity CliinalL Granls proaMIne. This will enable us lo install solar panels. A contract lias now been agpreed to pul tlie panels oli ihe roof ot. the vi IlagTe lial l. Our long)er term plans are to updale the kitLlicn and are working on a 5 year plaii to idenlify how to further improve facililies. I mproveinents this year include: The village mosaic trail has been admired by many people. Users of the vi I lag?L hall appreciate tl)e safety and ease of parking from the new warden conlrols. The vi I labyc hal I now has an internal delibri I lator and a teain of trdiiied vol unteers Sinart Ineters liave been installed ThL Wr¢n Cat"e now has 5 leams of volunteers and is used as a community contact venue by community police. NHS and Wakefield Council, We lield a very succc55ful and enjoyable Coronation Tea altended by 74 people aged 74 or older. The King and Queen attended in photographic forni! The annual Christmas lunch was again successful wilh a visit from Santa and a memory lane magician. The amazing Wrenthorpe Gala was held in June. the weather was kinder than the previous year. In January we had a Ihank you invitalion event in the village hall for all the volunteers who work so hard to make Wrenihorpe a success and a great place to live. Page 2
Wrenthorpe Community Association Limited Report of the Trustees for the Year Ended 29 February 2024 FINANCIAL REVIEW These accouiils retlect transactions from 1st March 2023 to 29th February 2024. Tlie total incoiniiigy resources for tlie period ended 29th February 2024 amounted to £33,650. Total expenditure during the period amoiinled to £41.892. Beca115e of Ilie iiatioiial economic difficLilties. we decided not to add to the ditficuliies by increasing our hire char&)cs. IiistLad Mie drew £8.94? froiT] balances. Nei Asseis at ilie end of the financial period amolinted in £240,126 held in unreslricted reserves. Despite tliis tlie WCA continues lo be in a stron& posilioii and a goiiig concern. This year we liave been successful in Inaintaining the regular use of tlie Village Hall at around 160 hours per moi)Ili. As a result Ilie availdbilily for casual bookings is no, limited to Salurday afternoons and Sundays. Val ley Cresceiit regular use is aroLind 70 hours per monili. STRUCTURE, COVF.RIYANCE AND MANAGEMENT Governing document The charity is controlled by its memorandum and articles of association and constitute5 a limited company, limited by guarantee, as defined by the Companies Act 2006. Wrenthorpe Coininunity Associatioii Liiniled was created in 2009 as a company limiled by gLtaranlee and as the SULcessor lo Wi'eiitliorpe Coininuiiity Association. li is a registered cliarity, Meinbers SLlPPOrt the aims of the organization and are invited to the Annual General Meeling. Members eleci the trustees or membcrs of the managieineni committee and ihese individuals are also company directors. In the event of Il)e charitable coinpany beingF wound up. members are reqiiired to contribLlte an amount not exceeding £ l. As al 29th February ?024 tliere were 66 Inembers of whom 9 were Irustees and 2 user group members. Recruitment and appointment of new trustees The directors of tlie charitable company are also charity Irustees 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 maxiinum of twelve trustees. A third of trustees shall stand down for re-election at eacli Annual General Meeting. REFERENCF. AND ADMINISTRATIVE DETAILS Registered Compan), number 6812303 (Eng7land and Wales) Registered Charity number 1130464 Page 3
Wrenthorpe Community Association Limited Report of the Trustees for the Year Ended 29 Februar>. 2024 Registered offiee Wrenthorpe V i Ilage Hall Wrenthorpe Lane Wrentliorpe Wakefield Wesl Yorksliire WF2 ONE Trustees M Milchell (resigned 2613124) R M itcliell (resigned 2613124) N J RigTby J M Robinson S Milliiigvlon J Trickelt D tireenwood (resigned 1313123) J Baker L Marrison (resigned 1513123) J Scholey lappoi iited 2812124) M Siiiiili (appointed 2812124) Company Secrelary J M Robin50n Independent Examlner Sharp Accountants 8 Al l i%on Terrace K irkliani&)ate Wakefield Wesl Yorksliire WF2 OSL Bankers Barclays Bank plc RFSERVES POLICY Tli¢ truslees aim towards a position wliereby the unrestricted funds nol committed or invested in tangible fixed assels held by the charity should be sufficient to cover extraordinary maintenance demand. Approved by order ot the board of trustees on l October 2024 and signed on its behalf by: J.14 J M Robinson - Secretary Page 4
Independent F.xaminer's Report to the Trustees of Wrenthorpe Conimunity" Association Limited Independent examiner's report to the trustees of Wrenthorpe Community Association Limited ('the Company,) report lo the charity trustees on my examination of the accounts of ihe Company for the year ended 29 February 2024. Responsibililies and basi5 of report As tl)e charily's Irustees of tlie Coinpany (and also its directors for the purposes of coinpany law) you are responsible for tlie preparalion ot tlie accounts in accordance with the requirements of the Coinpanies Aci 2006 ('the ?006 Aci,). Having satisfied Inyself thal the accounts of the Company are not required to be audited under Part 16 of ilie 2006 Aci and are eligFible for indep¢iid¢nt exainination. I report in respect of my exaillinatioii of your Charity's accoLinls as carried oul undei. Section 145 of the Charilies Aci 2011 ('tlie 2011 Act,). In carryinby out my ex<iinii)alion I liave followed ilie Direclions given by the Charity Cominission under Section 145(5) (b) of the ?011 Act. Independent examiner's statement I have completed my examination. I confirm ihat no malters have come to my attention in connection with the exaininalion giving me cause lo bel ieve: accounting records were noi kept in respect of the Company as required by Section 386 of the 2006 Act. or Ihe aLcounts do nol accord wilh those reLords' or Ilie accolinls do not comply witli the accounting I'equircments of Seclion 396 of tlie 2006 Act other than ai)y requireineni iliat tlie accounts give a IrLte and fair view wliich is not a matter considered as part of an iiidepeiident examination: or Ihe accounts have not been prepared in accordance with the methods and principles of the Statement of Recoinmended Praclice for accounting and reponing by charities (appl icable to charities preparing their acrounts in accordance with the Financial Reporting Standard applicable in the UK and Republic or Ireland (FRS 102)). I liave no concerns and have coine across no other matters in connection with the examination lo which attention sl)ould be drawn in this report in order to enable a proper understanding of the accounts to be reached. Darren Sharp Sliarp Accounlants l Oclober 2024 Pag¢ 5
Wrenthorpe Community Association Limited Statement of Financial Activities for the Year Ended 29 February 2024 2912124 Total funds 2812123 Total funds Unrestricted fund Restricted fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2,854 2,854 9.907 Other trading aclivities Investiiient iiiLoine 30,433 363 30,433 363 31,017 33 Total 33,650 40.957 EXPENDITURE ON R¢liSi iigy fiiiids 5JOI 5,301 4,687 Charilable activities Charitable Activties 36,591 36,591 53.187 Total 41,892 41,892 57,874 NF.T INCOME/(EXPENDITURE) (8,242) (8,242) (16.917) RECONCILIATION OF FUNDS Total funds brouglil forward 248,368 248,368 265.285 TOTAL FUNDS CARRIED FORWARD 240,126 240,126 248.368 The nol¢s form part of these financial statements Page 6
Wrenthorpe Community Association Limited (Registered number: 6812303) Balance Sheet 29 February 2024 2912124 Tolal funds 2812123 Total funds Unrestricted fund Restricled fuiid Noles FIXED ASSETS Tangible assets 190,473 190,473 200,096 CURRENT ASSETS Debiors Cash at bank and in hand 10 2,862 46,997 2,862 46,997 3,697 45.196 49,859 48,893 CREDITORS Aiiiouiits fc111 iiig due within one year (206) (206) (621) NF.T CURRENT ASSETS 49,653 49,653 48.272 TOTAL ASSETS LESS CURRENT LIABILITIES 240,126 240,126 248,368 NET ASSETS 240,126 240,126 248,368 FUNDS Unrestricted t'unds 12 240,126 248,368 TOTAL FUNDS 240,126 248.368 The charitable company is entitled to exemption from audit under Section 477 ot the Companies Act 2006 for Ihe year ended ?9 February 2024. The members have not required ihe company to obtain an audit of its financial statements for the year ended ?9 Febi'iiary 2024 in accordance wilh S¢clion 476 of the Companies Acl 2006. The trustees acknowledgye their responsibil ities for (a) en5uriiigF Iliat tlie charitablL company keeps accounting records ihat comply with Sections 386 and 387 of the Coinpanics Act 2006 aiid prepariiig financial statements which gtve a true and fair view of the state of affairs of the cliaritable company a5 at the end of each financial year and of its surplus or deficit for each financial year in accordance with ihe requirements of Sections 394 and 395 and which oiherwise comply with the requirements of the Companies Acl 2006 relaling to financial statemenls, so far as applicable to the charilable company. (b) The notes form part of these financial slatements Page 7 Continued...
Wrenthorpe Community Association Limited (Registered number: 6812303) Balance Sheet - continued 29 February 2024 Tliese financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. Tlie finaiicial statements were approved by the Board of Trustees and autliorised for issue on l October 2024 and were signed on ils behalf by: J Scholey - Trustee N J Rigby- Trustee The notes form part of these financial statements Page 8
Wrenthorpe Community Association Limited Notes to the Financial Statements for the Year Ended 29 February 2024 ACCOUNTING POLICIES Basis of preparing the fjnancial statements Tlie tiiiancial stateiiienls of the charilablc coinpany. whicli is a public benefit enlity under FRS 102. have beeii prepared iii aLcordaiice with the Charilies SORP (FRS 102) 'Ac¢ounting and Reporting by Charities: Stateinent of Recoinmended Practice appl iciibl¢ io charities preparing their accounts in accordance with the Financial Reporting Standard applicable in ihe UK and Republic of Ireland {FRS 102) (effective I January 2019),. Financial Reportingy Standard 102 'The Financial Reportingy Standard applicable in ihe UK and Republic of Ii'eland, and the Companies Acl ?006. The financial stalements have been prepared under the liistorical cost convention. Income All iliLoine is recobynised in the Stateinent of Finaiicial Activities oiice the charity has eiititlement to the t'Linds, it is probable tliai the income wil I be received and the amount can be Ineasured reliably. Expenditurc Liabi l ities are recobTnised as expenditure as soon as there is a legpal or constrLlCtive obligation committing the charity lo Iliat expenditure, il is probable that a transfer of econoiiiic beiiefits will be required in setileineiil aiid Ilie amount of the obl igatioii cali be Inea5ured reliably. Expendilure is accounted for on an accruals basis aiid has been classified Linder headings thal aggregale all cost relaled to Ihe categ70ry. Where cosls cannot be directly allribuled to particular headings ihey have been allocated to activities on a basis consislenl willi the use of resources. T#n£ible fjxed a8setJ t)epreLialioii is provided at the following annual rates in order to write off each asset over its estimated useful l ife. Freehold property Fixtures and filti ngs Meimorial glardeii 2% oncost 20% on redLicing balance 50/0 on reducin&y balance Taxation The charity is exempi from corporation tax on its charitable activities. Fund accounting UiirLstriLted t'uiids can be used in accordance wilh the charitable objectives at the discretion of the Irustees. Reslricled funds can only be used for particular restricted purposes within the objects of the charity. Reslriclions arise when specified by the donor or when funds are raised for Pdrticular restricted purposes. Furtlier explanation of the nature and purpose of each fund 15 included in the notes to the financial statements. Page 9 continued...
Wrenthorpe Community Association Limited Notes to the Financial Statements - continued for the Year Ended 29 February 2024 DONATIONS AND LEGACIES 2912124 2812123 Donations Grants 467 2,387 452 9,455 2,854 9.907 Grants received, included in tlie above. are as follows.. 2912124 2812123 WMDC National Lottery ASDA Foundation 2J87 3,949 5,206 300 2,387 9,455 OTHF.R TRADING ACTIVITIES 2912124 2812123 Rooim li irL Wren cafe Bowls M iscel laneous NeighboLirhood Forum 21,774 4,742 1,682 2,235 22.56? 4.668 1.540 678 1,569 30,433 31.017 INVESTMENT INCOME 2912124 2812123 Deposit account interest 363 33 Page 10 conlinued...
Wrenthorpe Community Association Limited Notes to lhe Financial Statements- continued for the Year Ended 29 Febru#r?' 2024 RAISING FUNDS Commereial hire expenses 2912124 2812123 Ground rent Walei. rates Lighi and heat Insiirance Cleaning expenses Repairs and maintenance Depreciation 170 53 842 294 lJ79 723 1,840 170 50 560 271 1,141 496 1,999 5,301 4.687 NET INCOMEI{EXPF.NDITURE) Nel income/(expenditure) is stated after chargiingl(crediting): 2912124 2812123 Depreciation - owned assets 10,822 1,759 TRUSTEES, REMUNERATION AIYD BENEFITS There were no truslees, remuneration or other benefits for the year ended 29 February 2024 nor for the year ended 28 February 2023. Trustees, expenses Tl)ere were no trustees, expenses paid for the year ended 29 February 2024 nor for the year ended 28 February 2023. Page 11 conlinued...
Wrenthorpe Community Association Limited Notes lo the Financial Statements - continued for the Year Ended 29 February 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 9.907 9,907 Other trading aclivities Ii)vestinent incoine 31,017 33 31,017 33 Total 40.957 40,957 EXPENDITURE ON Raising7 funds 4.687 4,687 Charitgble activities Charitable Activties 35,579 17.608 53,187 Total 40,266 17,608 57,874 NET INCOMEI(EXPENDJTURE) 691 (17,608) (16,917) RF.CONCILIATION OF FUNDS Total tunds brought forward 247.677 17.608 265.285 TOTAL FUNDS CARRIED FORWARD 248.368 248,368 Page 12 continued...
Wrenthorpe Community Association Limited Notes to the Financial Statements - continued for the Year Ended 29 February 2024 TANGIBLE FIXED ASSETS Fi.Ktures and fittings Freehold property Memorial garden Totals COST Al l March 2023 Additions 215,000 82,523 15,095 1,199 312.618 1,199 At 29 February 2024 215,000 82,523 16,294 313,817 DEPRECIATION Al l MarLlI 2093 Cliar&Ye t.or year 566 727 112,522 10,822 4,300 5,795 AI 29 FLbruary 2024 62,708 59,343 1,293 123J44 NET BOOK VALUE At 29 FLbi'uai'y 2024 152,292 23,180 15,001 190,473 At 28 February 2023 156,592 28,975 14,529 200.096 io. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2912124 2812123 Trade debiors Prepayments and accrued income 2,779 83 1,885 1.812 2,862 3.697 Page 13 conlinued,..
Wrenthorpe Community Association Limited Notes to the Financial Statements - continued for the Year Ended 29 February 2024 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2912124 2812123 Trade creditors AccrLials and deferred income (154) 360 261 360 206 621 12. MOVEMENT IN FUNDS Net Inoveinent in funds At 29/2124 At 113123 Unrestricted funds General fund 248,368 (8,242) 240,126 TOTAL FUNDS 248,368 (8,242) 240,126 Net movemenl in funds. included in the above are as follows: Incoming resources Resource5 expended Movement in funds Unrestricted funds General fund 33,650 (41,892) (8,242) TOTAL FUNDS (41,892) (8,242) Page 14 continued...
Wrenthorpe Community Association Limited Notes to the Financial Statements - continued for the Year Ended 29 Februar), 2024 12. MOVEMENT IN FUNDS- continued Comparatives for movement in funds Net Inovement in funds At 2812123 At 113122 Unrestricted funds General fund ?47.677 691 248.368 Restricted funds Hlib Assist 17.608 (17.608) TOTAL FUNDS 265.285 {16.917) 248,368 Comparative nei movement in fuiids, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrleted funds GeiiLral tund 40,957 (40,266) 691 Reslricted funds Hub Assist (17.608) (17,608) TOTAL FUNDS 40,957 (57,874) (16,917) A curreiit year 12 months and prior year 12 months combined position is as follows: Net movement in funds Al 2912124 At 113122 Unrestricted funds GLiieral l-und 247,677 (7,551) 240,126 Restricted funds Hub Assist 17,608 (17,608) TOTAL FUNDS 265,285 (25,159) 240.126 Page 15 continued.
Wrenthorpe Community Association Limited Notes to the Financial Statement$ - continued for the Year Ended 29 Februar>, 2024 12. MOVFMENT IN FUNDS- continued A current year 12 months and prior year 12 monihs combined net movement in funds, included in Ihe above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 74,607 (82,158) (7,551) Restrieted funds Hub Assist (17.608) (17.608) TOTAL FUNDS 74,607 (99.766) (25.159) 13. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended ?9 February 2024. Page 16
Wrenthorpe Community Association Limited Detailed Statement of Financial Activities for the Year Ended 29 February 2024 2912124 2812123 ILYCOME ALYD ENDOWMENTS Donations and legacies Donations Grants 467 2,387 452 9,455 2,854 9,907 Other trading activities Rooin liire Wreii cafe Bowls Miscellaiicous Neiblibourhood Forum 21.774 4,742 1,682 2,235 22.562 4,668 1,540 678 1,569 30,433 31,017 Investment income Deposit accouiil interest 363 33 TotAI incoming resources 33,650 40.957 EXPENDITURE Commercial hire expenses GroLiiid reni Water rales Libylil and heat I nsurance Cleaning expenses Repai rs and Inaintenance Depreciation of tangible fixed assets 170 53 842 294 lJ79 723 1,840 170 50 560 271 496 1,999 5JOI 4,687 Charitable activities GroLind rent Carried forward 830 830 830 830 This page does not form part of ihe statutory financial statements Page 17
Wrenthorpe Community Association Limited
Detailed Statement of Financial Activities
for the Year Ended 29 February 2024
2912124
2812123
Charitable activilies
Brouglil torward
Water Rates
Light and heat
Insurance
Postagye and stalionery
Repiiif5