2024-03-31-accounts - East Leeds Community Sports Club

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REGISTERED COMPANY NUMBER: 07061271 (England and Wales) REGISTERED CHARITY NUMBER: 1137140

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

EAST LEEDS COMMUNITY SPORTS CLUB

Walter Dawson & Son Chartered Accountants

1 Valley Court Canal Road Bradford West Yorkshire BD1 4SP

EAST LEEDS COMMUNITY SPORTS CLUB

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

	Page
Report of the Trustees	1 to 2
Independent Examiner's Report	3
Statement of Financial Activities	4
Balance Sheet	5 to 6
Notes to the Financial Statements	7 to 12
Detailed Statement of Financial Activities	13

EAST LEEDS COMMUNITY SPORTS CLUB

REPORT OF THE 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 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

To promote for the benefit of the inhabitants of East Leeds and the surrounding area the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social and economic circumstances or for the public at large in the interest of social welfare and with the object of improving the conditions of life of the said inhabitants.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing 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.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number 07061271 (England and Wales)

Registered Charity number

1137140

Registered office Walter Dawson & Son 1 Valley Court Canal Road Bradford West Yorkshire BD1 4SP

Trustees Paul David Skinner Director (resigned 5.5.24) Malcolm Waite Rhonda Langton Stephen Jones

Independent Examiner

Walter Dawson & Son Chartered Accountants 1 Valley Court Canal Road Bradford West Yorkshire BD1 4SP

Approved by order of the board of trustees on 30 December 2024 and signed on its behalf by:

Page 1

EAST LEEDS COMMUNITY SPORTS CLUB

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

Rhonda Langton - Trustee

Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EAST LEEDS COMMUNITY SPORTS CLUB

Independent examiner's report to the trustees of EAST LEEDS COMMUNITY SPORTS CLUB ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

J R Hall

Walter Dawson & Son Chartered Accountants 1 Valley Court Canal Road Bradford West Yorkshire BD1 4SP

30 December 2024

Page 3

EAST LEEDS COMMUNITY SPORTS CLUB

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 101 Charitable activities Raffle 4,050 Investment income 2 20,326 Other income 4,560 Total 29,037 EXPENDITURE ON Charitable activities Raffle 5,203 Other 20,656 Total 25,859 NET INCOME/(EXPENDITURE) 3,178 RECONCILIATION OF FUNDS Total funds brought forward 59,974 TOTAL FUNDS CARRIED FORWARD 63,152	Restricted fund £ - - - - - - - - - - -	2024 Total funds £ 101 4,050 20,326 4,560 29,037 5,203 20,656 25,859 3,178 59,974 63,152	2023 Total funds £ 90 8,828 16,730 4,630 30,278 4,678 114,283 118,961 (88,683) 148,657 59,974

The notes form part of these financial statements

Page 4

EAST LEEDS COMMUNITY SPORTS CLUB

BALANCE SHEET

31 MARCH 2024

Unrestricted fund Notes £ FIXED ASSETS Tangible assets 6 117,910 CURRENT ASSETS Debtors 7 11,914 Cash in hand 7,234 19,148 CREDITORS Amounts falling due within one year 8 (19,517) NET CURRENT ASSETS (369) TOTAL ASSETS LESS CURRENT LIABILITIES 117,541 CREDITORS Amounts falling due after more than one year 9 (54,389) NET ASSETS 63,152 FUNDS 11 Unrestricted funds TOTAL FUNDS	Restricted fund £ - - - - - - - - -	2024 Total funds £ 117,910 11,914 7,234 19,148 (19,517) (369) 117,541 (54,389) 63,152 63,152 63,152	2023 Total funds £ 120,340 1,438 11,923 13,361 (13,950) (589) 119,751 (59,777) 59,974 59,974 59,974

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 5

EAST LEEDS COMMUNITY SPORTS CLUB

BALANCE SHEET - continued 31 MARCH 2024

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 by the Board of Trustees and authorised for issue on 30 December 2024 and were signed on its behalf by:

Rhonda Langton - Trustee

The notes form part of these financial statements

Page 6

EAST LEEDS COMMUNITY SPORTS CLUB

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

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.

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...

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EAST LEEDS COMMUNITY SPORTS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

2. INVESTMENT INCOME

INVESTMENT INCOME
Rental income Facilities charge (Rugby club)	2024 £ 7,500 12,826 20,326	2023 £ 5,980 10,750
		16,730

3. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

	2024	2023
	£	£
Depreciation - owned assets	2,430	2,800

4. 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.

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 90 Charitable activities Raffle 8,828 Investment income 16,730 Other income 4,630 Total 30,278 EXPENDITURE ON Charitable activities Raffle 4,678 Other 114,283 Total 118,961 NET INCOME/(EXPENDITURE) (88,683)	Restricted fund £ - - - - - - - - -	Total funds £ 90 8,828 16,730 4,630 30,278 4,678 114,283 118,961 (88,683)

continued...

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EAST LEEDS COMMUNITY SPORTS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 6. TANGIBLE FIXED ASSETS COST At 1 April 2023 and 31 March 2024 DEPRECIATION At 1 April 2023 Charge for year At 31 March 2024 NET BOOK VALUE At 31 March 2024 At 31 March 2023 7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors	Unrestricted fund £ 148,657 59,974 Freehold property £ 145,571 25,336 2,404 27,740 117,831 120,235		Restricted fund £ - - Fixtures and fittings £ 17,140 17,035 26 17,061 79 105 2024 £ 11,914	Total funds £ 148,657 59,974 Totals £ 162,711 42,371 2,430 44,801 117,910 120,340 2023 £ 1,438	Total funds £ 148,657
					59,974

continued...

Page 9

EAST LEEDS COMMUNITY SPORTS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

			2024	2023
			£	£
	Other loans (see note 10)		9,643	9,393
	Other creditors		8,954	3,675
	Accrued expenses		920	882
			19,517	13,950
9.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
			2024	2023
			£	£
	Other loans (see note 10)		54,389	59,777
10.	LOANS
	An analysis of the maturity of loans is given below:
			2024	2023
			£	£
	Amounts falling due within one year on demand:
	Other loans		9,643	9,393
	Amounts falling due between two and five years:
	Other loans - 2-5 years		39,034	37,650
	Amounts falling due in more than five years:
	Repayable by instalments:
	Other loans more 5yrs instal		15,355	22,127
11.	MOVEMENT IN FUNDS
			Net
			movement	At
		At 1.4.23	in funds	31.3.24
		£	£	£
	Unrestricted funds
	General fund	59,974	3,178	63,152
	TOTAL FUNDS	59,974	3,178	63,152

continued...

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EAST LEEDS COMMUNITY SPORTS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

11. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS	Incoming resources £ 29,037 29,037 At 1.4.22 £ 148,657 148,657	Resources Movement expended in funds £ £ (25,859) 3,178 (25,859) 3,178 Net movement At in funds 31.3.23 £ £ (88,683) 59,974 (88,683) 59,974

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds General fund TOTAL FUNDS	Incoming resources £ 30,278 30,278	Resources Movement expended in funds £ £ (118,961) (88,683) (118,961) (88,683)

A current year 12 months and prior year 12 months combined position is as follows:

		Net
		movement	At
	At 1.4.22	in funds	31.3.24
	£	£	£
Unrestricted funds
General fund	148,657	(85,505)	63,152
TOTAL FUNDS	148,657	(85,505)	63,152

continued...

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EAST LEEDS COMMUNITY SPORTS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

11. 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	59,315	(144,820)	(85,505)
TOTAL FUNDS	59,315	(144,820)	(85,505)

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.

Page 12

EAST LEEDS COMMUNITY SPORTS CLUB

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

INCOME AND ENDOWMENTS Donations and legacies Donations Investment income Rental income Facilities charge (Rugby club) Charitable activities Raffle income Other income Coronavirus business grant Other income Total incoming resources EXPENDITURE Charitable activities Raffle expenses Other General rates Water rates Insurance Bank loan interest Depreciation General expenses Loan write off Support costs Governance costs Accountancy fees Total resources expended Net income/(expenditure)	2024 £ 101 7,500 12,826 20,326 4,050 - 4,560 4,560 29,037 5,203 387 - 1,890 4,569 2,430 10,460 - 19,736 920 25,859 3,178	2023 £ 90 5,980 10,750 16,730 8,828 2,800 1,830 4,630 30,278 4,678 630 629 1,694 4,737 2,800 196 102,727 113,413 870 118,961 (88,683)

This page does not form part of the statutory financial statements

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