Registered number.. 06802004
Charity number- 1138399
Mackworth Estote Community Association Limited
Trustees, Report ond Finonciol Stotements
For the Yeor Ended 31 Morch 2024
INS
AUDIT

Mackworth Estate Community Association Limited
(A Compony Limited by Guarontee)
Contents
Poge
Ref erence and Administrotive Details of the Charity, its Trustees and Advisers
Trvstees, Report
Independent Examlner's Report
Statement of Financial Actlvities
8olonce Sheet
Notes to the Finoncial Statements
8-16

Mackworth Estote Community Assoclotion Limited
(A Company Limited by Guorantee)
Reference ond Admirbistrotive Detolls of the Charity. Its Trustees and Advlsers
For the Year Ended 31 Morch 2024
Trvstees
P Dean, Choir
D Poge. Vice Choir (resigned l August 2024)
K Bowler (resigned 31 July 2023)
L E BroLtrghton
Z F Croig (appointed 9 October 2023)
J Hordy
P J Pegg (resigned 10 October 2023)
D Willis (appointed 10 October 2023)
Compony registered
number
06802004
Charity registered number 1138399
Reglstered offlce
Mockworth Estate Community Hall
St Francis Church
Prince Chor.'es Avenue
Derby
Derby$￿Ire
DE22 4FN
Company secretary
J Hordy
Accountants
Doins Audit Limited
2 Chomberloin Squore
Poradise Circus
Birminghom
83 SAX
Page 1

Mockworth Estate Community Association Limlted
(A Company Limited by Guarontee)
Trustees, Report
For the Year Ended 31 Morch 2024
The Trustees present their onnuol report together with the finonciol stolements of the Chority for the yeor l April 2025
to 31 Morch 2024. The Annual Report serves the purposes of both o Trusiees, report and o directors, report under
company low. The Trustees confirm thot the Annual qeport ond finoncial stotements of the choritoble compony comply
with the current statutory requirements. the requiremenis of the choritoble compony's governin9 document ond the
provisions of the Stotement of Recorr.mended Proctice (SORP) applicoble to cnorities preporing the1r occounls in
occordonce with the FinancioS Reporting Stondord opplicoble in the UK ond Republic of Ireland (FR5102) (effective 1
Janvory 2019).
Since the Chorily quolifies os smoll under section 382 of the Companies Act 2006. the Strotegic Report required of
medium ond large componies under the Componies Act 2006 (51rategic Report ond Directors, Report) Reoulotions 2013
hos been omitted.
Objectives and octlvities
o. Policles and objectives
The objects of the charity ore to promote the benefit of the inhobitonts of Mockworth Estate in o common effort to
odvonce educolion, to provide focilities in the Interests of sociol welfore for recreation ond leisure time occupotion with
the object of improving the conditions of life of the Inhobitants ond residents of Mockworth Eslote ond to estoblish, or
secure the estoblishment of, a communily centre and io mointain ond monoge the some in furtheronce of the objects.
In setting obiectives ond plonning for activities. the Trustees have given due consideration to general guidonce
published by the Chorily Commission reloling to public benefit. including the guidonce 'Public benefit.. running o chority
(PB2)'
b. Strotegies for achleving objectives
Focus hos been pul on improving the performance of the chority shop in oddition to increasing the use of the holl to try
ond increose the fJnds ovoiloble to reinvest in the communit￿.
Achievements ond performance
o. Review of activlties
Mockworth Estote Community Associotion Limited (MECA), just like mony other charities and businesses. found il very
difficult to become fully operationol again following the COVID-19 lockdown. Thonks to the dedicated staff ot the
Chority Shop on Droyton Avenue ond the hord work of the CEO in ensuring thot the Mackworth Estote Community Holl
wos ovoiloble to hire Income increosed 75Q/¢ in the prior year. However. Mockworth hove struggled in the current year to
continue lo keep the holl occupied leadin9 to 0 36Vo decrease in income
Poge 2

Mockworth Estote Community Association Limlted
(A Company Limited by Guarantee)
Trustees, Report (continued)
For the Year Ended 31 Morch 2024
Flnanciol review
Going concern
After moking appropriote enquiries, the Trustees have o reosonoble expectotion Ihot the Charity hos odequote
resources to continue in operotionol existence for ihe foreseeoble future. For this reoson, they continue to adopt the
going concern basis in preporing the financial slalements. Further details regording the odoption of the going concern
bosis con be found in the occounting policies.
b. Ae5erves pollcy
The Company holds reserves in. order thot the levels of service provlded to the community moy be mointained should
there be o reduction in incomir)g resources. Reserves In this context meon funds that ore freely ovoiloble for the
Compony's generol purposes ofier oll cowmitments hove been met. It is the opinion of the trustees ihot the existing
reserves are sufficient to meet ony reduction in incoming resources.
c. Principal funding
Funding is primarily from holl hire ond shop income but the trustees ore octively pursuing any other possible funding
opportunilies which iF)cludes grants ond other choritoble funding opportunities.
Structure. governonce and monogement
o. Constitution
Mockworth Estole Community Association Limited is re915tered os a choritable company limited by guorantee (Jnd wos
set up by o Trust deed.
b. Methods of appointment or election of Trustees
The manogement of the Chority is the responsibility of the Trustees who ore elected ond co-opted under the terms of
the Trvsi deed.
c. Flnanciol rlsk management
The Trustees have 055essed the major risk5 to which the Chority is exposed. in porticulor those related to the operotions
ond finonces of the Chority, ond are satisfied thot sustems ond procedures ore in ploce to mitigote exposure lo the
mojor risks.
Members, liability
The Members of the Charity guorontee to contribute on amount noi exceeding £1 to the ossets of the Charity in the
event of winding up.
Poge 3

Mockworth Estate Community Association Llmited
(A Company Limited by Guarantee)
Trustees, Report Icontlnued)
Fer the Yeor Ended 31 March 2024
Statement of Tru5tees' responslblllties
The Trustees (who ore olso the directors of the Chority for the
the Trustees. Report ond the finonciol stotements In accordo
Standards (United Klngdom Generally Accepted Accounting Pr
urposes of compony low) ore responsible for preporing
e with opplicoble low and Unf(ed Kingdom Accounting
ctice).
Compan￿. low requires the Trusteès lo prepore financi05 st
Trustees must not opprove the f inonciol stotements unless th
stote of offolrs of the Choritu ond of Its incoming resources
expenditure. for ihot period. In preparing these finonciol stotem
select suitoble occountlng policles and Ihen opply them
observe the methods ond prlnclples of the Chorltles SOR
moke judgments ond accounting estimates thol are reo
stote whether opplicoble UK Accounting Stondords (
deportures disclosed ond exploined In the finonclol stote
prepore tk,e finoncial stolemenls on the going conce
Chority will contlnue In buslness.
lements for eoch flnonciol Under compony low, the
ore Soiisfied thot they give o true ond foir view of the
and opplicotion of resources. Including its Income ond
nts, the Trustees ore required to..
onsislently:
(FRS 102),
onoble and prudent".
RS 102) hove been followed. subject to ony moterio
ents.,
b051s unless It Is inoppropriate lo presume that the
The Trustees ore responsible for keeping adequote occounti
Charity's tronsaclions ond dlsclose with reosonable occuroc
enoble them to ensure thol the f inonciol stotement5 comply wlt
safeguording the ossets of the Charity ond hence for toking re
ond other Irregulorities.
records thot ore sufficient to show and exploin the
ol ony time the financial p051tion of the ChorSty ond
the Componies Act 2006. They are olso respon3ible for
sonoble steps for the prevenliop uno detectiori ol fruud
Approved by order of ihe members of the boord of Trustees o
17 December 2024 ond signed on their beholl by..
P Degn
Trustee
Poge 4

Mackworth Estate Commvnity Association Limlted
(A Compony Llmited by Guarontee)
Independent Examiner's Report
For the Year Ended 31 Morch 2024
Independent Examiner's Report to the Trustees of Mockworth Estote Community Association Limited
Cthe Chorlty,)
I report to the chor1ty Trustees on my exomination of the accounts of the Charity for the yeor ended 31 t4arch 2024.
Responsibilities and Bosls of Report
As the Tru51ees of the Chority (and its directors for the purposes of compony low) you ore responsible for the
preparotion of the occounts in occordance with the requirements of the Componies Act 2006 ('the 2006 Act,).
oving satisfied myself thol the occounts of the Chority ore not required to be ovdited under Part 16 of the 2006 Act
ond are eligible for independent exominotion, I report in respect of my exominotion of the Charity's occounts corried out
under secrion 145 of the Chorities Act 2011 ('the 2011 Act,). In corrying out my exomination I hove followed the Directions
given by the Chority Commission under section 145(5)(b) of the 2011 Act.
Independent Examiner's Statement
I have completed my exomination. I confirm ihot no motters hove come to my attention in connection with the
exominaiion giving me couse to believe..
occounting records were not kept in respect of the Chority as required by section 386 of the 2006 Act. or
the occounts do not occord with those records., or
the occounts do not comply with the occounting requirements of section 396 of the 2006 Act Other thon ony
requirement thot the accounts give a 'true ond foir, view which is not o motter considered os part of on
independent exominotion.. or
the occounts hove not been prepared in occordonce with the methods and principles of the Statement of
Recommended Proctice for oecour)ting ond reporting by chorities upplicoble to chorities preporing their
occounts in occordonce with the Financiol Reporting Siondord opplicable in the U K and Republic of Ireland (FRS
102)
1 hove no corncerns and have come across no other motters in connection with the exominotion to which ottention
should be drown in this report in order to enable o proper understonding of the occounts to be reoched.
This report is mode solely to the Chority's Trustees. os o body. in occordonce with Port 4 of the Chorities (Accounts ond
Reports) Regulotions 2008. My work hos been un(iertoken so ihot I might stote to the Chority's Trustees those motters I
om required to stote to them in on Independent Examiner's Report ond for no other purpose. To the fullest extent
permitted by low. I do not occept or ossume responsibility to onyone other thon the Chority ond the Charity's Trusiees
os o body, for my work or for this report.
Signed..
Dated.. 17 December 2024
Mark Gurney FCCA PChA
Doins Audit Limited
8irminghom
Poge S

Mackworth Estate Community Associatlon Limited
(A Company Limited by Guarantee)
Statement of financial activities (incorporoting income and expenditure occount)
For the Year Ended 51 March 2024
Unrestricted
fvnds
2024
Totol
funds
2024
Totol
funds
2023
Note
Income from:
Donations ond legocie5
3.783
3.783
Charitob1e octivities
38.994
38,994
72,304
Other troding activities
27.065
27.065
34,802
69.842
69.842
112.217
Total Income
Expenditure on..
Raising funds
72,051
72.051
106,603
106.603
Total expénditvre
72.051
72.051
Net movement in funds
(2,209)
(2.209)
5,614
Reconciliotion of funds-
Tolol f unds brought forword
Net movement in funds
51.424
31.424
25.810
(2.209)
(2.209)
5,614
Total funds Corried forward
29,215
29.215
31,424
The Stotement of Finoncial Activities includes oll gains ond losses recognised in the year.
The notes on pages 8 to 16 form part of these finonciol stotements.
Poge 6

Mockworth Estote Community Association Limlted
(A Company Llmited by Guorantee)
Registered nvmber: 06802004
Bulonce Sheet
As ot 31 March 2024
2024
2023
Note
Fixed ossets
Tongible ossets
Current ossets
10
15.488
20,830
Cash ot bonk ancl in hond
16.141
12.995
Credttors.. omovnts folling due within one yeor
(2.414)
(2.401)
Net current assets
13,727
10.594
Totol net ossets
| 29.215
31.424
Charity funds
Unrestricted funds
12
29.215
31.424
Total funds
29.215
31,424
The Chorlty wos enlitled to exernption from oudit under section
77 of the Componle5 Act 2006.
The members hove not required the compony to obtoin on oud
of Componies Act 2006.
t for the yeor in.question in accordonce with sectlon 476
The Trustee5 ocknowledge their responsibilities for complyi
occountlng records ond preporolion of finonciol slotements.
g wlth the requirements of the Act with respea to
The finonciol stolements hove been prepored in occordonce
smoll componies regime.
ith the provisions opplicoble lo entities subject .to the
The financiol 5totemenls were approved ond ouihorised for iss
thelr behalf by..
e by the Trustees on 17 December 2024 and signed on
P Dean
Trvslee
The notes on pages 8 to 16 form port of these finonciol stateme
ts.
Poge 7

Mackworth Estate Commvnity Association Limited
(A Company Limited by Guarantee)
Notes to the Finoncial Statements
For the Yeor Ended 31 Morch 2024
General information
r4ockworth Estote Community Association Limited is a private company, limited by guorontee ond incorporoted
in Englond ond Woles The Compony's registered office is Mockworth Estote Community Holl, Si Froncis Church.
Prince Chorles Avenue. Derby DE22 4FN. The noture of the Compor)y's operotions and principol octivlties ore
given in the Trustees, Report.
Accounting pollcies
2.1 8asis of preparotion of financial stotements
The finonciol stolements hove been prepored in occordonce with the Charities SORP (FRS 102) Accounting
and Reporting by Chorities". Stotement of Recommended Proctice opplicable to chorities preparing their
occounts in accordonce with the Finoncial Reportlng Stondord opplicoble in the UK ond Republic of Irelond
(FFIS 102) (effective 1 Jonuory 2019). the Finonciol Reporting Stondard opplicoble in the UK and RepubSic of
Irelond (FRS 102) and the Componies Act 2006.
Mackworth Estole Community Association Limited meets ihe definition of o public benefit entity under FAS
102. Assets ond liobilities ore ir)itiolly recognised at historicol cost or tronsoction volue unless othetwise
stoted in the relevant accounting policy.
2.2 Going concern
The Trustees assess whether the Lise of going concerr, is appropriate. tha", is. whether there ore ony
moleriol uncertointies related to events or conditions thot moy cost significont doubt on the obility of the
choritu to continue os o going concern. The Trustees moke Inis ossessment In respect of o period of ol leost
one yeor from the date of avthorisation for issue of the finonciol statements and hove concluded that the
chority hos odequate resource5 to continue in operotional existence for the foreseeoble f ulure ond there
are no moteriol uncertointies obout the chority s obility to continue os o going concern, thu5 they continue
to adopt the going concern bosis of occouniing in preporing the financial slotements.
Page 8

Mackworth Estate Community Assoclation Limited
(A Company Limited by Guarontee)
Notes to the Finoncial Stotement5
For the Year Ended 51 March 2024
Accovnting policles (continued)
2.3 Income
All income is recognised once the Chority hos entitlement to the income. it Is proboble thot the income will
be received ond the omovnl of income receivoble can be meosured reliably.
Gronts ore included in the Statement of Finonciol Activities on o receivoble bosis. The balonce of income
received for specific purposes bui not expended duririij the period is shown in the relevont funds on the
Balonce Sheet Where income Is received in advonce of entitlement of receipt, it5 recognition is deferred
ond included In creditors os deferred income. Where entitlement occurs before Income is received. the
income is occrued.
Gifts in kind donoted for distribution ore included at voluotion ond recognlsed os income when they ore
distributed to the projects. Gifts donated for resule ore included as income when they ore sold.
Income lox recoveroble in relation to donotions received under Gift Aid or deeds of covenont is recognised
ot the time of ihe donation.
Income tox recoverable in relotion to investment income Is .'ecognised ot the time the Investment income is
receivoble.
Other income Is recognised in the period in which il is receivable ond to the extent the goods hove been
provided or on completion of the service.
2.4 Expenditvre
Expenditure is recognised once there is a legal or constructive obligotion to tronsfer economic benefit to a
third party, it is proboble Ihot o tronsfer of economic benefiis will be required in settlement ond the omounl
of the obligation can be me05ured reliobly. Exoenditure is clossified by octivity. The costs of eoch octivity
ore made up of the total of direct costs ond shored costs. including support costs involved in undertoking
eoch activity. Direct Costs ottributoble to o single activity ore allocoted direcily to thot octivity. Shored costs
whlch contribute lo more thon one octivity ond support costs which ore not attributoble 10 o single activity
ore apportioned between those octivities on o basis consistent with the use of resources. Central 51off cost5
are ollocoted on the basis of time spent. ond depreciotion chorges allocoted on the portion of the osset's
use
Expenditure on raising fu'nds includes oll expenditure incurred by the Chority lo :oise funds for lis choritoble
purposes ond includes costs of oll fundroising octivities events ond non-chariloble troding.
All expenditure is inclusive of irrecoveroble VAT.
2.5 Government gronts
GDvernment gronts relating to tongible fixed ossels ore treoled 05 deferrecl income and releosed to the
Stotement of Finonciol Activities over the expected usesul lives of the assets concerned. other gronts ore
credited to the Statement of Finonciol Activities os the reloled expenditure is incurred.
Poge 9

Mockworth Estate Community Association Limited
(A Company Limited by Guarantee)
Notes to the Financial Stotements
For the Year Ended 31 March 2024
Accounting policies (continued)
2.6 Tongible flxed ossets ond depreciation
Tongible fixed ossels costing £100 or more ore copitolised ond recognised when future economic benefits
are proboble ond the cost or volue of the asset can be meosured reliobly.
Tongible fixed assets ore Initiolly recognised al Cost After recognition. under the cost model tangible fixed
ossels ore meosured ai cost less accumvloted depreciotion ond ony occumuloted impoirmenl losses. All
costs Incurred to bring o tangible f Ixed osset into Its intended working condition should be included in the
measurement of cost
Depreciolion is chorged so os to ollocote the cost of tongible fixed ossets less their residuol volue over their
estimated useful lives,
Depreciotion is provided on the following bosis-.
Plont ond machinery
Computer equipment
25Q/o Reducing bolonce
33Yo Stroighl-lir)e
2.7 Cash at bank and in hand
Cosh ot bonk ond in hond includes cosh ond short-term highly liquid investment5 Wlth o short moturity of
three months or less from ihe dole of ocquisition or opening of the deposit or similor account.
2.8 Liobllities ond provisions
Liob,'lities ore recognised when there is on obligotion ot the Bolor)ce Sheet dole os o result of o post event, it
Is probable thot o tronsfer of economic benefit will be required in settlement. and the omount of the
settlement con be eslimoted reliably.
Llabilities ore recognised al the omovnt thot the Chorily onticipotes it will poy to settle the debt or the
omount it hos received os odvonced poyments for the goods or servbces il must provide
Provisions ore meosured ot the best estimate of the amounts required to settle the obligation. Where the
effect of the time volue of money is moteriol. the provision is bosed on the presenl volue of those omounts,
discounted ot the pre-tax discount role that reflects the risk5 specific to the liobility. The unwinding of the
discaunl is recognised In the Siotement of Finonciol Activities as o finance cost.
2.9 Financiol instruments
The Chority only hos finonciol ossets and finonciol liobilities of a kind thot quolify as bosic finoncial
instruments. Bosic financiol instruments ore initially recognised ot transaction volue ond subsequently
measured at their settlement volue with the exception of bonk loons which ore subsequently measured at
omortised cost using the effective interest method.
Poge 10

Mackworth Estote Community Assoclation Limited
(A Company Limited by Guorontee)
Notes to the Financial Statement5
For the Yeor Ended 31 March 2024
Accovnting policles (continued)
2.10 Fund accounting
Generol funds ore unrestricted fvnds which ore ovailoble for use ot the discretion of the Trustees in
furtherance of th.e general objectives of the Chority and which hove not been designoled for other
purposes.
Income from donation5 ond legacies
Unrestrlcted
funds
2024
Total
funds
2024
Totol
f unds
2023
Donations
403
403
3.411
Derby Cily Council gronts
3.380
3,380
1,700
3,783
3.783
5.111
Totol 2023
5.111
5.111
Poge 11

Mockworth E5tote Community Association Limited
(A Company Llmited by Guarantee)
Notes to the Financial Stotements
For the Yeor Ended 31 March 2024
Income from charitoble octivities
Unrestricted
funds
2024
Totol
funds
2024
Totol
funds
2023
Holl hire
38.844
58.844
71.824
Other Iroding octivlties
150
150
480
38.994
38,994
72.304
Total 2023
72,304
72,304
Income from other trading activlties
Income from fundroising events
Unrestricted
funds
2024
Total
funds
2024
Totol
funds
2023
Shop income
27,065
27,065
34.802
Totol 2023
34.902
54.802
Poge 12

Mackworth Estate Commvnity Association Limited
(A Compony Limited by Guarontee)
Notes to the Financial Statements
For the Yeor Ended 31 Morch 2024
Expenditure on raSsing funds
Fundroising trading expenses
Unrestricted
tvnd5
2024
Total
funds
2024
Totol
f LJnd5
2023
Other costs
6,318
6.318
2,369
Telephone
Light. heot and woter
Leisure closses
976
976
2.139
12.905
12.905
16.088
901
901
2.363
1.725
1,644
nsuronce
1.725
Repoirs ond renewols
Postage ond stotionory
IT costs
12,940
12,940
21.497
239
239
659
288
288
288
Accountoncy fees
2.476
2.476
2.946
200
Loan interest
165
165
Cleoning
12,475
12.475
16.453
Subsistence
801
801
1.640
Donolions
1.034
1.034
5,389
Woges ond salories
Depreciotion
13466
13.466
25,430
5,342
5.542
7.498
72.051
72.051
106,603
Totol 2023
106.603
106,603
Independent examineff5 remunerotion
2024
2023
Fees poyoble to the Chority's independent examiner
2,950
2.750
Poge 13

Mackworth Estate Commvnity Association Limited
(A Compony Limited by Guarantee)
Notes to the Financial Statements
For the Year Ended 31 March 2024
Staff costs
2024
2023
Wages ond solories
13.466
25 430
The overoge number of persons emplo4ed by the Charity during th.e yeor was os follows..
2024
2023
No.
No.
Averoge employees
No employee received remuneration omovnting to more than £60.000 in either yeor.
The total omount of employee benefits received by key monagement personnel for their service5 wos £12,654
(2023 - £23.517).
Trustees. remunerotion and expenses
During the yeor. no Trustees received ony remunerotion or other benefits (2023 - £NIL).
During the yeor ended 31 Morch 2024. no Trustee expenses hove been incurred (2023 - £NIL).
Poge 14

Mackworth Estate Community Associotion Limited
(A Company Limited by Guarantee)
Notes to the Finoncial Stotements
For the Yeor Ended 31 March 2024
10.
Tangible fixed assets
Plant and
machinery
Computer
equlpment
Total
Cost or voluotion
At l April 2023
44.967
1,870
46.837
At 31 Morch 2024
44.967
1.870
46.837
Depreciation
At 1 April 2023
Chorge for the yeor
24.322
1,685
26.007
5.162
180
5.342
Al 31 F4orch 2024
29.484
1.865
31,349
Net book value
At 31 Morch 2024
15.483
15.488
At 31 Morch 2023
20.645
185
20.830
11.
Creditors= Amounts folling due within one year
2024
2023
Other creditors
1.698
1.686
Accruals ond deferred income
716
715
2.414
2,401
Page 15

Mackworth Estote Community Association Limited
(A Company Limited by Guorantee)
Notes to the Financial Statements
For the Yeor Ended 31 March 2024
12.
Statement of funds
Statement of funds- current year
Bolonce at I
April 2023
Balance at 31
Morch 2024
Income
Expenditure
Unrestrlrted funds
Generul funds
51.424
69.842
(72.051)
29.215
Stotement of funds- prior year
Bolonce ot
51 Morch
2023
Balonce at
1 April 2022
Income
Expenditure
Unrestrlcted funds
Generol funds
25,810
112,217
(106.605)
31.424
13.
Members, liability
Eoch member of the choriloble company underiokes lo contribute to the ossets of the compony in the event of it
being wouncj up while b,e/she is a member. or w".thin one yeor ofter he/she ceases to be a member. such omount
as moy be required. not exceeding £1 for the debts and liabilities contracted before he/she ceoses to be o
member.
14.
Related party transactions
The Chority hos noi entered Into ony reloted porty tronsoction during the yeor. nor ore there ony outstanding
bolonces owing between reloted porties ond the Chority a131 March 2024.
Pooe 16