REGISTERED COMPANY NUMBER: 058422391England and Wales) REGISTERED CHARITY NUMBER: 1131712 REPORT OFTHE TRUSTEES AND AUDITED FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR ACTIVE BARNSLEY LTD Xeinadin Audit Limited Statutory Auditor 12 Victoria Road Barnsley South Yorkshire 570 2BB
AcfivE BARNSLEY LTD CONTENTS OF THE FINANCIAL STATEMENT5 FOR THE YEAR ENDED 31 MARCH 2024 Page Reference and Administrative Detalls Report of the Trustees Report of the Independent Audltors 8 to 12 Statement of Financlal Activities 13 Balance Sheet 14 Notes to the Financial Statements 15 to 22
AcfivE BARNSLEY LTD REFERENCE AND ADMINISTRATIVE DEfAILS FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES Mr M W Dewsnap MrlDPeel Miss C D Clay Mrs L Bloomer (appointed 6.4.24) Mrs J E Brock (appointed 6.4.24) Mr D Clayton {appointed 6.4.24) Mr l D Meade {appointed 6.4.24) Mr M W Sagar (appointed 6.4.24) COMPANY SECRETARY Mr M W Dewsnap REGISTERED OFFICE C/0 BRUFC Shaw Lane Barnsley South Yorkshire S70 6HZ REGISTERED COMPANY NUMBER 05842239 (England and Wales) REGISTERED CHARITY NUMBER 1131712 SENIOR STATUTORY AUDITOR Scott Mell FCA AUDITORS Xeinadin Audit Limited Statutory Auditor 12 Victoria Road Barnsley South Yorkshire S70 2BB Page I
ACTIVE BARNSLEY LTD REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 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 31 March 2024. 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 l January 2019). OBJEcfivES AND ACTIVITIES Objectlves and alms The objective of the Charity is the promotion of community participation in healthy sport, recreation and lifestyles, in particular by'.- Delivering and developing projects and services to improve the health and wellbeing of all Barnsley residents. Promoting and developing existing health and sporting activities in the Borough of Barnsley and encouraging the formation of new ones; Forging effective links between schools, clubs and statutory agencies in this purpose,. Improving the accessibility and quality of health services for the benefit of community recreation throughout the area. Publlc benefit In setting its plans and priorities for areas of work and activity, the Management Committee have had regard to guidance frorn the Charity Commission on public statement of benefit. The Charity's objectives and activities demonstrate how it has set out to fulfil its charitable objectives. Page 2
AcfivE BARNSLEY LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 ACHIEVEMENT AND PERFORMANCE Charltable actlvities The present market has been developed over time, through recommendations and through partnership working within both the health and wellbeing and community sport networks, with a clear focus on projects encouraging an active healthy lifestyle. Following the austerity funding cuts. we have gradually increased our focus on cycling trainin& with the aim of being the primary experts in this field in Barnsley. The main client groups are: Department for Tran5POrt {BMBC)- Bikeability Scheme. Local Sustainable Transport Fund (BMBC) - Adult Cycle Training. Schools - both after school clubs and PPA (where a teacher is substituted by a coach durin8 lesson time freeing the teacher to prepare, plan and mark). Summer and other holiday activity schemes through the Healthy Holidays programme {BMBC). Healthy Lifestyle type activities with the NHS and other health interest bodies. These major groups are located within the Barnsley area, although occasional work has taken place across local borders in previous financial periods. Major grant funding ceased to be a source of the Charity's income in the years of austerity following the global financial crisis, with public sector based tender contracts now the primary source of Charity income. This is supplemented by applications for minor funding streams, along with sustainable self-funded project work. Service contracts and minor funding streams are targeted at a particular group, and the money is always "ring-fenced" This may give a false impression that the charity is operating With a large cash surplus, when in reality the money is simply unspent at the time, but is required to deliver future contracted work. It is the intention that a substantial reserve is maintained to aid the retention of staff whose roles are tied to service contracted projects. The community coaches and development officers undertake projects on behalf of the Barnsley community. The majority of these projects focus upon health service provision. cyclin& physical activity and sport. The service provided by the Charity involves both activity delivery and educational advice, with the Charity providing highly experienced and qualified staff to maximise partnership resources. The period 2023/24 marked the continuation of several of Active Barnsley's large pieces of contracted work. Bikeability and Adult Cycle Training received their expected fundin& which is currently committed through to March 2025, although Adult Cycle Training funding has reduced in 2024/25. Bikeability funding (per head) ha5 increased over the same period to offset the difference, although a change in how funding was able to be moved between Bikeability modules resulted in less useable Level 3 funding. Further income was generated through the holiday activities which are now funded by the Department of Education Holiday Activities and Food Programme, throughout school holiday periods at Shaw Lane Sport5 Association, along with ongoing work in Cawthorne Primary School. Page 3
AcfivE BARNSLEY LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Covld-19 The Covid-19 Pandemic which struck in March 2020 had a significant and immediate impact on the Charity. The Charity stopped delivering all services from this point and didn't restart until September 2020. Active Barnsley continued to make use of the flexible furlough scheme to sustain jobs, from April 2021 until it's conclusion in September 2021, as the available workload remained much reduced during this period. Although school based work continued on a slightly reduced basis in this time, community work did not resume at any level until July 2021, but has now recovered to pre-covid levels. As the furlough scherne reached its conclusion, the Charity was able to retain all current members of staff and return its delivery of projects back to full capacity. At the end of 2023/24, we now feel that the pandemic is firmly in the rear mirror, and its effects no longer influence our decision making. FINANCIAL REVIEW Reserves policy The Management Committee aims to keep twelve months running costs in reserved funds, both for ongoing financial security, and recognising the importance of holding a substantial reserve to help secure future large grant funding by boosting funder confidence. These levels have reduced over the last two years due to increased costs, and a slight reduction in Bikeability funding during 2023/24, currently standing at 9-10 months reserves. The aim remains to gradually increase these reserves back towards 12 months. £20,000 is currently allocated for capital expenditure that the Charity may be required to spend to maintain its operations {a fleet of bikes, means to transport them and office IT equipment). With a number of long seniing members of staff, the Charity will also allocate £40,000 to cover any future possible redundancy payments. The remaining funds will be allocated as free reserves to aid staff retention through transition periods between funding and project grants, contingencies for unforeseen reductions in grant allocations, and any future reduction in income due to the effects of the current financial outlook and public sector spending cuts. It also remains vital to maintain a high level of reserves, due to the nature of Bikeability fundin& which is paid in arrears, up to 6 months after the work is carried out. Page 4
ACTIVE BARNSLEY LTD REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 FUTURE PLANS Bikeability funding is confirmed until March 2025, which included an increase in the place by head cost for 2024/25. Funding previously outlined for 2025126 is currently under review by the Department for Transport following the first budget of the new Government, with confirmation expected by January 2025. The Bikeability Trust continue to press for a multi-year funding settlement, but this is considered unlikely this year, until the new Government decides on its funding priorities. A fundin8 commitment longer than one year has not been made since a three year agreement from 2017118 to 2019120, due to the volatile political landscape since this time. A longer term settlement will allow the Charity to be able to make better medium term planning decisions for the first time since the Pandemic. The current tender agreement for contracted delivery with Barnsley MBC runs through 2025/26. Any decision to fund some level of Learn to Ride or Adult Cycle Training from April 2025 has not yet been made by Barnsley MBC, and is subject to Department for Transport funding decisions. Sustainable and Active Travel has continued to be rnade a priority by the new Government, and there is good reason for optimism that it will continue to form a key part of a green political agenda moving forwards. The Charity consider5 that the effetts of Covid-19 are now firmly in the rear view, but there is always the threat of the current the financial difficulties affecting public spendin& which could impact on Transportation budgets in the short to medium term. The current three year funding for the Healthy Attivity and Food Programme, which forms the Active Barnsley holiday activity offering finishes in December 2024. A decision about further funding for 2025 and beyond is currently being made by the Department for Education, following the autumn 2024 Budget. Active Barnsley remains committed to working with a range of partners to increase both the quantity and quality of healthy activity in the area. Key elements of our work in relation to service delivery and management will include: Further developing Active Barnsley's role as lead cycle training provider in the area through Bikeability and Adult Cycle Training. Delivering programmes of health education in partnership with local agencies and funders Sourcing small grants to develop projects to benefit local participants and volunteers. - Working with The Shaw Lane Foundation to help develop a community hub at Shaw Lane Sports Club. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng 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. Page 5
ACTIVE BARNSLEY LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Charity constitution Active Barnsley Ltd successfully achieved Charitable status from 21 September 2009, meeting objectives set by the Charity Commission operating to improve the condition and social welfare of Barnsley's residents. The Charity changed its name from Barnsley Sport & Activity Forum Ltd (operating as SportActiv Ltd) to Active Barnsley Ltd on 26th July 2011 to more accurately reflect the work of the charity and the direction it has taken. The Charitable Company is based at Shaw Lane Community Sports Club. Organisational structure Staff at commencement of the period April 2023 - March 2024 consisted of l Manager, 2 Development Officers, and 4 Community Coaches. The Charity now consists of l Manager, 2 Development Officers and 3 Community Coaches. Any overspill work is allocated to self-employed coaches who charge their time on an ad hoc basis. Induction and tralning of new trustees Where applicable, new trustees are provided with induction and training. This is tailored to their specific needs {unless the appointee is already sufficiently experienced) and covers as a minimum: Governance and management; equal opportunities. Introduction to the history and current activities of the organisation. Sufficient explanation of the charities financial accounts and reporting procedures to enable them to exercise effective fiscal oversight. If the new trustee is to take on any specific duties training needs in relation to these are also assessed. It is acknowledged that trustees have a wide range of other commitments and every effort is being made to make this training accessible to the individual by arranging it to be conducted at times convenient to them. Risk management The Management Committee has carried out a review of the Charitable Company's activities detailing the opportunities available and the risks to which it is exposed. The Management Committee will continue to review the level of free reserves in order to ensure that there are sufficient levels of free reserves held to provide financial stability over any forthcoming challenges. Trustees consider maintaining a large cash reseNe is now more important than ever following the Covid-19 Pandemic and the ongoing difficult economic outlook, to insulate the Charity against the possibility of any negative consequences that may lay ahead, such as funding cuts. Page 6
ACTIVE BARNSLEY LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the direttors of Active Barnsley Ltd for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards {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 resource5 and application of resources, including the income and expenditure. of the charitable company for that period. In preparing those financial statements, the trustees are required to select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charity SORP; make judgements and estimates that are reasonable and prudent. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. 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 to enable them to ensure that the financial statements comply with the Companies Act 2006. 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. In so far as the trustees are aware: there is no relevant audit information of which the charitable company's auditors are unaware. and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. AUDITORS The auditors, Xeinadin Audit Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting. Approved by order of the board of trustees on 11 December 2024 and signed on its behalf by: Mr M W Dewsnap - Secretary Page 7
REPORT OF THE INDEPENDENT AUDITORSTO THE MEMBERS OF ACTIVE BARNSLEY LTD Opinion We have audited the financial statements of Active Barnsley Ltd {the 'charitable company,) for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice: and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditin8 (UK) (ISAS (UK)) and applicable law. Our responsibilitie5 under those standards are further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical 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. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a goin8 concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Page 8
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF ACTIVE BARNSLEY LTD Other Information The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report. we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility 15 to read the other information and, in doing so. consider whether the other information is materially inconsistent with the financial Statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives 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 information, we are required to report that fatt. We have nothing to report in this regard. Oplnlons on other matters prescrlbed by the Companies Art 2006 In our opinion, based on the work undertaken in the course of the audit: the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements: and the Report of the Trustees has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees. We have nothing to report in respect of the following matters where the Companies Act 2006 requires u5 to report to you if, in our opinion: adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not Visited by us,. or the financial statements are not in agreement with the accounting records and returns; or certain disclosures of trustees, remuneration specified by law are not made. or we have not received all the information and explanations we require for our audit; or the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees. Page 9
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF ACTIVE BARNSLEY LTD Responsiblllties of trustees As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the direttors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company'5 ability to continue as a going concern, disclosin& as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Page 10
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF AcfivE BARNSLEY LTD Our responslbilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial 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 opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud 15 detailed below: We gained an understanding of the legal and regulatory framework applicable to the company and the industry in which it operates, and considered the risk of acts by the company that were contrary to applicable laws and regulations, including fraud. We design audit procedures to respond to the risk, recognising that the risk of not detetting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion. We focussed on laws and regulations which could give rise to a material misstatement in the financial statements, including, but not limited to the Companies Act 2006. Our tests included agreeing the financial statement disclosures to underlying supporting documentation and enquiries with management. We did not identify any key audit matters relating to irregularities, including fraud. As in all our audits. we also addressed the risk of management override of internal controls, including testing journals and evaluating whether there wa5 evidence of bias by the directors that represented a risk of material misstatement due to fraud. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. The risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.or8.uk/auditorsresponsibilities. Thls description forms part of our Report of the Independent Auditors. Page 11
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF ACTIVE BARNSLEY LTD Use of our report This report is made solely to the charitable company's members. as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. &(Jw Scott Mell FCA {Senior Statutory Auditor} for and on behalf of Xeinadin Audit Limited Statutory Auditor 12 Victoria Road Barnsley South Yorkshire S70 2BB 13 December 2024 Page 12
AcfivE BARNSLEY LTD STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 MARCH 2024 31.3.24 Total funds 31.3.23 Total funds Unrestricted funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Charitable activities Cycle training, coaching and sports activies 191,830 191,830 211,843 Investment income 2,140 2,140 535 Total 193,970 193,970 212,378 EXPENDITURE ON Charitable artivities Cycle training, coaching and sports activies 218,094 218,094 209,464 NEf INCOME/(EXPENDITURE) (24.124) {24,124) 2,914 RECONCILIATION OF FUND5 Total funds brought forward 185,437 185,437 182,523 TOTAL FUNDS CARRIED FORWARD 161,313 161,313 185,437 The notes form part of these financial statements Page 13
AcfivE BARNSLEY LTD BALANCE SHEET 31 MARCH 2024 31.3.24 Total funds 31.3.23 Total funds Unrestricted funds Restricted funds Notes FIXED ASSETS Tangible assets 2,276 2,276 3,438 CURRENT ASSErs Debtors Cash at bank 10 42,028 125,214 42.028 125,214 48,976 138,624 167.242 167,242 187,600 CREDITORS Amounts falling due within one year 11 (8,205) (8,205) 15,601) NET CURRENT ASSETS 159,037 159,037 181,999 TOTAL ASSEfs LESS CURRENT LIABILITIES 161,313 161,313 185,437 NET ASSErs 161.313 161,313 185,437 FUNDS Unrestricted funds 12 161,313 185,437 TOTAL FUNDS 161,313 185,437 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved and authorised for issue the Board of Trustees and authorised for issue on 11 December 2024 and were signed on its behalf by: Dew nap - Trustee The notes form part of these financial statements Page 14
ACTIVE BARNSLEY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 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 l January 2019),. Financial Reporting Standard 102 'The Financial Reporting Stan'dard 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. Income from grants is reco8nised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the arnount can be measured reliably. If entitlement is not met then those amounts are deferred. These grants are included in incoming resources when these are receivable and allocated appropriately between unrestricted and restricted income depending upon restrictions imposed. Government grants which are received for compensation for expenses or losses which have already been incurred are recognisable in income when the grant is receivable. Income from facilities is recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. Donations are accounted for when they are received. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or construttive 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. Tanglble fixed assets Tangible fixed assets are stated at cost (or deemed costl or valuation less accumulated depreciation and accumulated impairment 105ses. Cost included costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life. Page 15 continued...
ACTIVE BARNSLEY LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES - continued Tangible fixed assets Motor vehicles Computer equipment - 25% on reducing balance - 33% on c05t Taxation The charity is exempt from corporation tax on its charitable activities. Fund accountlng 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. Penslon costs and other post-retirement benefits 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 Activities in the period to which they relate. INVESTMENT INCOME 31.3.24 31.3.23 Interest received 2,140 535 Page 16 continued...
ACTIVE BARNSLEY LTD NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 MARCH 2024 CHARITABLE AcfiviTIES COSTS Direct Costs (see note 4) Support costs (see note 5) Totals Cycle training, coaching and 5POrts activies 212,022 6,072 218,094 DIREcf COSTS OF CHARITABLE AcfiviTIES 31.3.24 31.3.23 Staff costs Insurance Telephone Postage,stationery & computer costs Advertising Sundries Sporting equipment Training Coaches fees Rent Room hire Travel and motor expenses Bank charges Uniform Rates Depreciation Loss on sale of assets 173,042 1,779 2,560 59 28 480 1,809 1,480 105 11,040 13,675 4,370 103 166,229 1,522 2,466 50 133 562 4,041 9,960 10,950 4,826 135 847 106 1,721 223 329 1,163 212,022 203,771 Page 17 continued...
ACTIVE BARNSLEY LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 SUPPORT COSTS 31.3.24 31.3.23 Auditors, remuneration Legal fees 3.757 2,315 3.505 2,188 6,072 5,693 NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after ChargIn(crediting). 31.3.24 31.3.23 Depreciation - owned assets Deficit on disposal of fixed assets 1,162 1,721 223 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. STAFF COSTS The average monthly number of employees during the year was as follows: 31.3.24 31.3.23 Manager Development Officers Community Coaches The total amount of employee benefits received by key management personnel is £79.486 (2023 £79.430). The Trust consider5 its key management personnel compromise it5 Manager and Development Officers. Page 18 continued...
ACTIVE BARNSLEY LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 STAFF COSTS- continued No employees received emoluments in excess of £60,000. TANGIBLE FIXED ASSErs Motor vehicles Computer equipment Totals COST At l April 2023 and 31 March 2024 3,376 6,660 10,036 DEPRECIATION At l April 2023 Charge for year 358 787 6,240 375 6,598 1,162 At 31 March 2024 1,145 6,615 7,760 NE[ BOOK VALUE At 31 March 2024 2,231 45 2,276 At 31 March 2023 3,018 420 3,438 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trade debtors Prepayments and accrued income 41,231 797 48,265 711 42,028 48,976 Page 19 continued...
AcfivE BARNSLEY LTD NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 11. CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 31.3.24 31.3.23 Accruals and deferred income 8,205 5,601 12. MOVEMENT IN FUNDS Net movement in funds At 31.3.24 At 1.4.23 Unrestrlrted funds General Fund 185,437 {24,124) 161,313 TOTAL FUNDS 185,437 (24,124) 161,313 Net rnovement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrlcted funds General Fund Bikeability Grant 53,775 140.195 (77,899) {140,195) (24,124) 193.970 (218,094) 124.124) TOTAL FUNDS 193,970 1218,0941 (24,124) Comparatlves for movement In funds Net movement in funds At 31.3.23 At 1.4.22 Unre5trlcted funds General Fund 182,523 2,914 185,437 TOTAL FUNDS 182,523 2,914 185,437 Page 20 continued...
ACTIVE BARNSLEY LTD NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 12. MOVEMENT IN FUNDS- contlnued Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General Fund Bikeability Grant 56,377 156,001 (53,463) (156,001) 2,914 212,378 (209,464) 2,914 TOTAL FUNDS 212,378 (209,464) 2,914 A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 31.3.24 At 1.4.22 Unrestricted funds General Fund 182,523 (21,210) 161,313 TOTAL FUNDS 182,523 (21,210) 161,313 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 funds Unrestrirted funds General Fund Bikeability Grant 110,152 296,196 (131.362) (296,196) (21,210) 406,348 {427,558) (21,210) TOTAL FUNDS 406,348 (427,558) 121,210) Page 21 continued...
ACTIVE BARNSLEY LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 12. MOVEMENT IN FUNDS - continued The Bikeability project is funded by BMBC and contributes to the costs associated with training schools in cycle safety. 13. RELATED PARTY DISCLOSURES During the year the company paid facilities rental costs of £11,04012023 £9,960) to Barnsley Rugby Union Football Club Limited. Furthermore, an additional £11,075 (2023 - £10,950) of holiday club costs were paid during the year to Barnsley Rugby Union Football Club Limited. Mr M W Dewsnap, Trustee, of the charitable company, is a director of Barnsley Rugby Union Football Club Limited. Page 22