EA T LEEDS COMMUNITY SPORTS CLUB REPORT AND FINANCIAL STATEMENTS PERIOD ENDED 31 MARCH 2023 Charity Commission Reference Number 1137140 Company Register¢d Number 07061271 WALTER DAWSON & SON CHARTEKED AccuiJNTANTS & 5TATIJTORY A(JDITOK I VALLEY COURT OFF CANAL ROAD BRADFORD BDI 4SP
EAST LEEDS COMMUNITY SPORTS CLUB REPORT AND FINANCIAL STATEMENTS Contents Legal and Administrative Inforn)ation Statement of Trustees, Responsibilities Report of the Trustees Independent Examinees Report Statement of Finan¢ial Activities Balancx Sh¢¢t Notes to the Financial Statements 9-15.
EAST LEEDS COMMUNITY SPORTS CLUB LEGAL AND ADMtNISTIL4TIVE tNFORMATION CONSTITUTION East Leeds Community Sports Club is a company limited by a guarantee (Company No. 07061271) and a registered charity (Charity No. 1137140) governed by its Memorandum and Articles of Association. DIRECTORS AND TRUSTEES The directors of the charitable company {"the charity") ar¢ its trust¢¢s for the purpose of charily law and thToughout this report are collectively referred to as ihe Irustees. The trustees serving during the year and since the year end were as follows: Truslee&Directors: M Waite P D Skinner R Langton- Appointed 11712022 S W Jones - Appointed Ino022 endent Examiner: J Rllall Walter DaNvson & Son Off Canal Road Bradford BDI 4SP Bankers., Virgin Money PIC Bank 194 York Road Leeds LS9 9LN istered Otyice: I Valley Court Oft Canal Road Bradford BDI 4SP
EAST LEEDS COMMUNITY SPORTS CLUB STATEMENf OF TRUSTEES, RESPONSIBILITIES select suitable accounting policies and then apply thern con515tently' (a) (b) observe the methods and principles in the Charities SORP. (c) make judgem¢nts and estimates that are reasonable and prlent. (d) state whether applicable UK Accounting Standards have b¢¢n followed. subject to any material departures disclosed and explained in the financial slalements; and (¢) prepare the financial stalements on the going concern basis unless it is inappropriale lo presume thai the charity will continue in business. The trustees are T¢sponsible for maintaining proper accounling records that disclose with Teasonable accuracy at any lime the financial position of the charitable company and to ¢nabl¢ them to ensure that the financial statements Comply with the Companies Act 2006. They are also responsible for saf¢guarding the assets of the charitable company and hence for taking re&8onable steps for the prevention and detection ot fraud or other irregularities. In so far as the trustees are aware: (a) there is no relevant audit inforniation of which the charitable company's auditors are unaware, and (b) the trustees have tak¢n all stcps that they ought to have taken to make themselves aware of any relevant audit inforniation and to establish that the auditors are aware of that infomalion.
EAST LEEDS COMMUNITY SPORTS CLUB REPORT OF THE TRUSTEES FOR THE PEIUOD ENDED 31 MARCH 2023 The trustees are pleased to present their annual report tO8ether with the financial statements of the charity for the period ended 31 March 2023 which are also prepared to meet the requirements for a directors report and accounts for Companies Act purposes. The legal and administrative infomtion set out on page I forn]s part of this report. The financial statements comply with the Charities Aci 2011, Companies Act 2006, thc Memorandum (d Articles of Association and Accounting and Reporting by Charities: Statement of Recommended Praclice applicabl¢ to charitics preparing their accounts in accordance with the FinanLial Reporting Standard applicable in Ihe UK and Republic of Ireland (FRS 102). ructure Governance and Mana ement To promote for ihc bcnefit of the inhabitants of East Leeds and the surrounding area the provision of facilities for recreation or other l¢isur¢ time occupation of individuals who have need of such facilitie5 by r¢ason ot their youth, age, infimiity or disability, financial hardship or social and economic circumstance8 or for the public at large in the interests of social wellare and with the objeut of improving th¢ condilion of life of the said inhabitants. 2. Mana ement Th¢ Board consisting of the committed 4 Directors was responsible for the overseeing of the policies, strategic development and growth of the company by drawinby on their expertise. 3. Risk M na ement The directors have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks. 4. Reserves At 31 st March 2023 East Leeds Community Sports Club held general reserves of £59,973 (2022: £148,657). 5. Directors The Directors who 5¢rvcd during the year and up to the date of this report ar¢ set out on page l.
EAST LEEDS COMMUNITY SPORTS CLUB REPORT OF THE TRUSTEES R THE YEAR ENDED 31 MARCH 202 This report has been prepared in accordance with the Accounting and Reporting by Charities: Stalement of Recommended Practice. In pr¢paring this r¢port advantage has been taken of the small companies ¢xemption. This report was approved and authorised for issue by the Trustees on 25 October 2023 and signed on their behalf by:
INDEPENDENT EXAMtNER'S REPORT TO THE TRUSTLES OF EAS'I. LELDS COMMUNII"Y SPORTS CLUB I report to the charity trustees on my examination of the financial statements of the charithble company for the period ended 31 March 2023 which are set out on pages 7 to 15. Res onsibilities and Bas15 of Re ort As the charity's trustecs of the company (and also its directors for the puLpos¢s of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that lh¢ financial statements of the company are not required to be audited under Part 16 of th¢ 2006 Act and are eligible for independent examination, I Teport in respect ofmy examination of your charity's financial statements as carried out und¢r StIOn 145 of the Charities Act 2011 (the '2011 Act,). In canyinby out my examination I have followed the Directions given by the Charity Commission under Section l45{5Xb) of the 2011 Act. cndenl Examinerfs Statement I have completed my examination. I confirni that no matters have come lo my attention in connectiun with ihe examination giving me cause to believe.. (a) accounting records were not kept in respect of the company as required by Section 386 of the 2006 Acl. or (b) the financial statements do not accord with those accounting records. or (¢) th¢ fjnancial statements do not comply with the accounting requirements of Section 396 ofthe 2006 Act oiher than any requirement that the financial statements give a 'true and fair, view which is not a matt¢r considered as part of an independent examination. or (d) the financial statement have not been prepared in accordance with the methods and principles ol. the Slal¢ment of R¢comm¢nded praclice for accounting and reportingi by ¢hariti¢s applicabl¢ lo charities preparing their financial ststements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Reland (FRS 102).
tNDEPENDENT EXAMtNER'S REPORT TO THE TRUSTEES OF EAST LEEDS COMMUNITY SPORTS CLUB endent Examiner's Statement (continued) I have no concerns and have come across no other matters in conneclion with the examination to which attention should be drawn in this report An order to enable a proper understanding of the financial statements to be reached. JRHall WALTER DAWSON & SON Chartered Accountants
STATEMENT OF FtNANCIAL ACTIVITIES INCLUDING INCOMF. AND EXPENDITIJRE ACCOUNT FOR THE PERtOD ENDED 31 MARCH 2023 Unrestricted Funds Total 2023 Total 2022 Noles INCOME AND ENDOWMENTS FROM.. Donations and Legacies Investments Charitable Activities Other 90 16,730 8,828 4,630 90 16,730 8,828 4.630 515 8,950 8,790 3.787 TOTAL tNCOME AND ENDOWMENTS 30,278 30,278 22,042 EXPENDITURF. ON.. Building Running Costs Other 15,364 103,597 15,364 103,597 11,659 877 10 TOTAL EXPENDITURE 118,961 118,961 12,536 NIT INCOME/ r,XPENDIT 12 (88,683) (88,683) 9.506 Transfers Between Funds NET MOVEMENTS tN FUNDS (88,683) (88,683) 9.506 RECONCILIATION OF FUNDS Total Funds at l April 2022 Total Funds at 31 March 2023 148,657 59,973 148,657 59,973 148,657 158,163 All incoming resources and resources expended derive from continuing activities.
EAST LEEDS COMMUNITY SPORTS CLUB BALANCE SHEET AS AT 31 MARCH 2023 2023 2022 Notes FIXED ASSETS Tangible Assets 14 120,340 123.140 CURRENT ASSETS Debtors Cash at Bank and in Hand 15 1,438 11.923 13,360 94,741 9.052 103,793 RL=.DII"ORS., Amounts Falling Due Within One Year 16 (13,950) (13,048) NET CURRENT ASSETS 'roTAI. ASSF.TS LESS CURRENT LIABILITIES (590) 119,751 90,745 213,885 Rf.DITOR8.. Amounts Falling Due Aft¢r More I'han One Yedr 17 (59.777) 59,973 65,228) 148,657 The Funds of the Charity.. RESTRICTED INCOME FUNDS UNRESTRICTED FUNDS General Funds Designated Funds 20 20 59,973 148,657 59,973 59,973 148,657 148,()57 The directors consider that the charitable cornpany 15 entitled to exemption from the requirement to have an audit under the provisions of S¢ction 477 of the Companies Act 2006. Members have not required the company under Sc¢tion 476 of the Act to have an audit for the period ended 31 March 2023. The dkrectors acknowledge Iheir responsibilities for ensuring that the charitable company keeps accounting records which comply with Section 386 of the Act, and for pr¢parin¥ financial statements which give a Iru¢ and fair view of the slate of affairs of the charitable company, as at 31 March 2023, and of ils surplus for the period then end¢d in accordance wilh the requirements of Section 396 of the Act, and which othenvise Comply with Ihe requirements of the Act relating to the financial 5taternents so far a5 applicablc to the charitable company. These financial stalements have been prepared in accordance with the provisions applicabl¢ to Companies subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees on 25 October 2023 and si ed on their behalf by: Paula Simpson
EAST LEEDS COMMUNITY SPORTS CLUB NOTES TO THE FINANCIAL STATEMENTS PERIOD ENDED 3 I MARCH 2023 STATUTORY INFORMATION East Leeds Community Sports Club is a charitable company domiciled in England and Wales, registered number 07061271 , The principal place of business 15 81 Easy Road. L¢eds. LS9 8QS. 2. COMPLIANCE WITH ACCOUNTtNG STANDARDS The financial statemenls have been prepar¢d in CordanCe with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparin¥ their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102), Charities SORP (FRS 102) and the Companic5 Act 2006. 3. ACCOUNTING POLICIES 11]e financial statements have been prepared under the historical c05t conv¢ntion. The pres¢ntation currency is sterling. The particular accounting polici¢5 adopted are as follows: (a) Donations l.e 7acie5 and Simil r Incomin i Resources Donations, legacies and similar incorning resources ar¢ included in the year in which they are receivable, which is when the charily b¢¢omes entiiled to the rttsource. nts Receivable and L.ocal Auth ri Grants receivable and local authority t.ees are credited to the Statement of Financial A¢tivilies (SOFA) in the year for which they are received. Def¢rred income represenls amounts reL¢ived for fijture periods and is released to income resources in the period for which it has been received. (c) Investment Income nd Rental Income Income from investments and from rental income is included in the SOFA in the year in which it is receivable. endit All expenditure is included on an annual basis and is recognised when there is a legal or constructive obligation to pay for expenditure. All costs have been directly altributed to one of the functional categories of resources expended in the SOFA. The charity is not reLTlStered tor VAT and accordingly expenditure Is shown gross of ittecoverable VAT.
EAST LEEDS COMMUNITY SPORTS CLUB NOTES TO THE FtNANCIAL STATEMENTS PERIOD ENDED 31 MARCH 2023 ACCOUNTING P CIES continued (e) Tan ible Fixed Assels Depreciation is provided on a straight line or reducing balance basis over the expected useful lives of each category of tangible fixed assets: Freehold Buildings and Refurbishment Costs Fixtures and Fittings 20/0 per annum on cost 25 % per annum on TItten down value (fj ruiid Accouiitin Funds held by the charity are either: Unrestricledg¢neralfvnd.s - these are funds which can be used in aLcordancc with the charitable objects at the discretion of ih¢ trustees. DeJignutedfunds - these are funds set aside by the trustees out of unrestricted general funds for specific fiJtur¢ purposes or projccl5. ReJlricledfundJ - these are fijnds Ihat can only be used for particular restrict¢d purposcs within the objects of lh¢ charity. Rcstriclions arise when specified by the donor or when nds are raised for particular restricted purposes. Furth¢r ¢xplanation of the nature and pu4x)se of each fund is included in the notes to the financial slatements. Ig) h flow Statements The charity qualifies as a small company under the Compani¢s Act 2006. The trustees have elected to tskc advantage of the exemptions und¢r FRS 102 not to prepare a cash flow slalement. (h) ance C sts f Debt The finance costs of debt, including interest and issue costs, are allocated to each period over the t¢rni of the debt and charged to th¢ profit and loss account at a conslant rate on the outstanding amount. Donations 90 90 515 90 90 515 STMENT Unrestricted Funds Restricted Fund5 Total 2023 Total 2022 Rental Income Facilities Charge (Rugby Club) Rental Income (Flat) 600 10,750 5,380 600 10,750 5.380 700 8,250 io
EAST LEEDS COMM ITY SPORTS CLUB NOTES TO THE FINANCIAL STATEMENTS PERIOD ENDED 31 MARCH 2023 16,730 16,730 8,950 7. CHARITABLE ACTIVITIES Unrestricted Restricted Funds Funds Total 2023 Total 2022 Membership Subscriptions Raffle Income 8,828 8,828 4,845 Members EtTorts 3,945 8,828 8,828 8,790 OTHER INCOME Unrestricted Restricted Funds Funds Tolal 2023 Total 2022 British Amateur Rugby League Association Grant Coronavirus Business Grant Rugby Memberships Adver5ting Income Rugby Reimbursements Leeds ARLFC Membership 900 2,667 2,800 987 200 484 159 2,800 987 200 484 159 220 4.630 4,630 3,787 9, BUILDtNG RUNNtNG COSTS Unrestricted Restricted Funds Funds Total 2023 Total 2022 General Rates Water Rates 630 629 630 629 68 525
EAST LEEDS COMMUNITY SPORTS CLUB NOTES TO THE FtNANCIAL STATEMENTS PERIOD ENDED 31 MARCH 2023 Insurance Bank IA)an Interest Depreciation General Expenses Raffle Expenses 1,694 4.737 2,800 196 4,678 1,694 4,737 2.800 196 4,678 2,551 2,564 2,214 3,737 15,364 15,364 11.659 10. GOVERNANCE COSTS Unrestricted R¢stricled Funds Funds Total 2023 Total 2022 Accountancy Loan write off 870 102,727 103,597 870 102,727 103,597 877 877 I I. STAFF COSTS AND TRUSTEES, REMUNERATION 2023 2022 Wages and Salaries Social Security Costs Other Pension Costs No ¢mployee received remuneration amounting to more than £60,000 in either period. Trusl¢¢s received no remuneration and were not r¢imbursed for any of their expenses in either period. The average weekly number of employees during th¢ period was 3 (2022.. 3), 12. NET INCOMEI EXPENDIT FOR EYE 2023 2022 This is stated after charging: Depreciation Accountants Fee 2,800 870 2,214 877 12
EAST LEEDS COMMUNITY SPORTS CLUB NOTES TO THE FtNANCIAL STATEMENTS PERIOD ENDED 31 MARCH 2023 13. CORPORATION TAX The charity is ex¢mpt from tax on income and gains falling within Section 505 of the Taxes Act 1988 or Section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that th¢se ar¢ applied to ils charitable obj¢ctiv¢s. 14. TANGIBLE FIXED ASSETS Freehold Buildings Fixtures and Fitting5 Total Cost At l April 2022 Addilions At 31 March 2023 145,571 17,140 162,711 145.571 17.140 16?,711 rccialio Al l April 2022 Charb)e for Year At 31 March 2023 22,561 2,775 25,336 17,010 25 17,035 39,571 2,800 42,371 Net Book Value: At 31 March 2023 At 31 March 2022 120.235 123,010 105 130 120.340 123,140 15. DEBTORS 2023 2022 Amounts Owed to Related Parties Pr¢payments and Accrued Income 93,566 1,175 94,741 1,438 1,438 16. CREDITORS.. Amounts Falling Du¢ Within One Year 2023 2022 Bank Loan Trade Creditors Other Creditors Accruals and Deferred Income 9.393 7,601 812 3.675 960 3.675 882 13
EAST LEEDS COMMUNITY SPORTS CLUB NOTES TO THE FINANCIAL STATEMENTS PERIOD ENDED 31 MARCH 2023 13,950 13,048 17. CREDITORS; Amounts Falling Due After More 2023 2022 Bank an 59.777 65,228 sis of Borrowin erBa LA)ans.' 2023 2022 Due Wilhin One Year Due Between One and Five Year5 Du¢ Afler Five Years or More 9.393 37,650 22,127 69,170 7,601 30,404 34,824 72,829 Intcre5t on the bank loan, which is repayable on 12th April 2035, is charged at a commercial rate of interest. The bank loan is secured by a Charge on ihe company's freehold property. 18. RELATED PARTY TRANSACTIONS Included in d¢btors is the following related party balance 2023 2022 East Leeds Community Social Club 93,566 19. ANALYSI S BETWEEN FUNDS General Funds Designated Funds Restricted Funds Totsl Funds Tangibl¢ Fixed Assels Current Assets Current Liabilities Long Terni Liabilities Net Assets at 31 March 2022 120,340 13,360 (13,950) 120,340 13,360 (13.950) 59,973 59,973 14