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 pro￿aMIne. 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, 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 hbourhood Forum Mosdic Trail H ub assist J ubi lee and Gala Deprecialion of laiigible fixed assets 830 260 4,109 1,435 1,310 3,528 6,734 4,707 360 830 243 2.734 1,325 1,185 2,424 5.570 4.599 360 1.639 4,336 17.379 5,139 9.760 8,982 36,591 53,187 Total resources expended 41,892 57.874 Net expenditure (8,242) (16.917) This page does not fonn part of the statutory financial stalemenls Page 18