REGISTERED COMPANY NUMBER: 07557971 (England and Wales)
REGISTERED CHARITY NUMBER: 1143537
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
FOR
MYTHOLMROYD COMMUNITY ASSOCIATION
Cresswells
12 Market Street
Hebden Bridge
West Yorkshire
HX7 6AD
MYTHOLMROYD COMMUNITY ASSOCIATION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
|
Page |
Page |
Page |
Report of the Trustees |
1 |
to |
2 |
Independent Examiner's Report |
|
3 |
|
Statement of Financial Activities |
|
4 |
|
Balance Sheet |
|
5 |
|
Notes to the Financial Statements |
6 |
to |
11 |
Detailed Statement of Financial Activities |
12 |
to |
13 |
MYTHOLMROYD COMMUNITY ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present
theirreportwiththefinancialstatementsofthecharityfortheyearended31March2022.The trustees
haveadoptedtheprovisionsofAccountingandReportingbyCharities:Statementof Recommended
PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Itisnow47yearssincethepeopleofMytholmroyddecidedtoacquireaderelictchickenhutand convert
itintoacommunitycentreprovidingaccommodationfortheScouts,playgroup,youthcluband a
community hall.
Thetrusteesarepleasedtoseethatthecharityhasmaintainedasteadygrowthduringtheyear despite
thecontinuingeffectsofcovid.Gymmembership,classesandsportsfacilityusagehasmaintained steady
levels,roomhire,andpartybookingsareatalowlevelandwillneedtimetooverthecoming months.
Despitetheimpactofcovidthetrusteeshavebeenabletocontinuetheinvestmentinthecentre. This
has included a new entrance, signage, drainage, shower facilities and fitness equipment.
OBJECTIVES AND ACTIVITIES Significant activities Groups and Organisations
ScoutGroup:ThescoutgrouphasbeenunabletomeetduringlongperiodsoftheCovidvirus. The
Trusteesarepleasedtoseethatthescoutsarenowabletomeetinperson.Therangeofactivities and
numbers have increased, and the scouts are now operating as normal.
LittleVillageLearners:TheLittleVillageLearnershavemaintainedstrongnumbersinbothpre school
and after school clubs.
TheCalderValleyFellRunners:Thefellrunnershavecelebratedtheir50thanniversaryat the
communitycentreanditwasfantastictobeabletohosttheircelebration.Thefellrunners maintain
strongrepresentationinallagegroupsandtheirtrainingnightsarewellattendedthroughoutthe year.
They are also continuing a run of success in regional, national and international competitions.
MytholmroydWeightliftingClub:Itisgoodtoseetheweightliftingclubabletostartusing their
facilitiesagain.Themembershipisstartingtogrowasregulartrainingiscommencing.Theclub is
maintaining a strong showing in all competitions and are looking to host events at the centre again.
A list of the present user groups and organisations are listed below.
Group |
Frequency |
Group |
Frequency |
Scout Group |
5 evenings & weekends |
Slimming World |
Twice weekly |
Little Village Learners |
5 days a week |
Elliot's Antique Fair |
Monthly |
Pre-school and after |
|
|
|
school club |
5 days a week |
Table Tennis |
Weekly |
Calder Valley Fell |
|
|
|
Runners |
Weekly |
Weightlifting Club |
5 times a week |
Karate |
Twice weekly |
Gym |
Daily |
Calderdale Cyclist |
|
|
|
Touring Group |
4 weekends a year |
Fitness classes |
35 classes a week |
|
|
Hebden Bridge Brass |
|
Pilates/yoga |
4 times a week |
Band |
Twice yearly |
Hebden Bridge Probus |
|
|
|
Group |
Monthly |
Zumba |
3 times a week |
African Drumming |
|
|
|
Group |
Weekly |
CI Adventures |
On-going |
|
|
Ladies Keep Fit |
Weekly |
Weddings & birthdays |
Various |
Badminton club |
Weekly |
FINANCIAL REVIEW Reserves policy
Thetrusteespurposeistomaintainitscurrentpolicyofmaintainingthereservesatalevel of
approximately six months operational expenditure.
Page 1
MYTHOLMROYD COMMUNITY ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimited company,
limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
07557971 (England and Wales)
Registered Charity number
1143537
Registered office
Mytholmroyd Community Centre
Caldene Avenue
Mytholmroyd
Hebden Bridge
HX7 5AF
Trustees
Exors Mr R H Marshall Company Director (deceased 17.1.2022)
M Newsome Company Director
R Haynes Company Director
A R Heptinstall Trustee
Mrs J D Clayton Trustee
Mrs S Slater Trustee
Company Secretary
Independent Examiner
Cresswells
12 Market Street
Hebden Bridge
West Yorkshire
HX7 6AD
ACKNOWLEDGEMENTS
Thetrusteeswishtoplaceonrecordtheirthankstotheirconscientiousstaff,whoensuretheefficient day
todayrunningofthecommunityandleisurecentre.WealsowishtothankHebdenRoydTown Council
whosupporttheAssociationandallmembersofthelocalcommunitywhocontinuetousethecentre and
thereby ensure it continued presence as part of local life.
Our thanks to John Dakin FCA, of Cresswells, our independent accountants.
Approved by order of the board of trustees on 23 December 2022 and signed on its behalf by:
Mrs S Slater - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MYTHOLMROYD COMMUNITY ASSOCIATION
Independent examiner's report to the trustees of Mytholmroyd Community Association ('the Company')
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
31 March 2022.
Responsibilities and basis of report
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are
responsibleforthepreparationoftheaccountsinaccordancewiththerequirementsoftheCompanies Act
2006 ('the 2006 Act').
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16 of
the2006Actandareeligibleforindependentexamination,Ireportinrespectofmyexaminationof your
charity'saccountsascarriedoutunderSection145oftheCharitiesAct2011('the2011Act').In carrying
outmyexaminationIhavefollowedtheDirectionsgivenbytheCharityCommissionunder Section
145(5) (b) of the 2011 Act.
Independent examiner's statement
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentionin connection
with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. 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)).
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
Mr John Dakin
FCA
Cresswells
12 Market Street
Hebden Bridge
West Yorkshire
HX7 6AD
23 December 2022
Page 3
MYTHOLMROYD COMMUNITY ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
Unrestricted
funds
Notes
£
INCOME AND
ENDOWMENTS FROM
Donations and legacies
88,747
Charitable activities
Trading
47,740
Other trading activities
2
61,276
Investment income
3
-
Other income
-
Total
197,763
EXPENDITURE ON
Raising funds
(1,965)
Other
164,127
Total
162,162
Net gains on investments
2,275
NET INCOME
37,876
RECONCILIATION OF
FUNDS
Total funds brought forward
27,971
TOTAL FUNDS CARRIED
FORWARD
65,847 |
Insurance
claim
£
-
-
-
-
24,944
24,944
-
24,944
24,944
-
-
-
- |
Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
10,003
10,003 |
2022
Total
funds
£
88,747
47,740
61,276
-
24,944
222,707
(1,965)
189,071
187,106
2,275
37,876
37,974
75,850 |
2021
Total
funds
£
11,263
16,789
75,707
1
6,527 |
|
|
|
|
110,287 |
|
|
|
|
-
105,913 |
|
|
|
|
105,913 |
|
|
|
|
10,525 |
|
|
|
|
14,899
23,075 |
|
|
|
|
37,974 |
The notes form part of these financial statements
Page 4
MYTHOLMROYD COMMUNITY ASSOCIATION
BALANCE SHEET 31 MARCH 2022
Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
7
5,397
Investments
8
1
5,398
CURRENT ASSETS
Stocks
9
1,965
Cash at bank and in hand
63,089
65,054
CREDITORS
Amounts falling due within
one year
10
(4,605)
NET CURRENT ASSETS
60,449
TOTAL ASSETS LESS
CURRENT LIABILITIES
65,847
NET ASSETS
65,847
FUNDS
11
Unrestricted funds
Restricted funds
TOTAL FUNDS |
Insurance
claim
£
-
-
-
-
54,463
54,463
(54,463)
-
-
- |
Restricted
fund
£
-
-
-
-
10,003
10,003
-
10,003
10,003
10,003 |
2022
Total
funds
£
5,397
1
5,398
1,965
127,555
129,520
(59,068)
70,452
75,850
75,850
65,847
10,003
75,850 |
2021
Total
funds
£
5,397
1
5,398
-
117,529
117,529
(84,953)
32,576
37,974
37,974
27,971
10,003
37,974 |
|
|
|
|
|
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct 2006
for the year ended 31 March 2022.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe year
ended 31 March 2022 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.
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable
companies subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
23 December 2022 and were signed on its behalf by:
S Slater - Trustee
The notes form part of these financial statements
Page 5
MYTHOLMROYD COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102,
havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'Accountingand Reporting
byCharities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheir accounts
inaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicof Ireland
(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancial Reporting
StandardapplicableintheUKandRepublicofIreland'andtheCompaniesAct2006.The financial
statementshavebeenpreparedunderthehistoricalcostconvention,withtheexception of
investments which are included at market value.
ThefinancialstatementsarepresentedinSterlingwhichisthefunctionalcurrencyofthe company
and rounded to the nearest £.
Income
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will
berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably. Expenditure
isaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregate all
costrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadings they
have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
Freehold property- over 15 years
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular
restricted purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
2. OTHER TRADING ACTIVITIES
OTHER TRADING ACTIVITIES |
|
|
Sport facility receipts
Sundry receipts
Bar takings |
2022
£
27,906
19,687
13,683
61,276 |
2021
£
4,266
71,441
- |
|
|
75,707 |
continued...
Page 6
MYTHOLMROYD COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022
3. INVESTMENT INCOME
INVESTMENT INCOME |
|
|
|
|
|
2022 |
|
2021 |
|
|
£ |
|
£ |
|
Interest receivable - trading |
|
- |
|
1 |
4. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2022nor for
the year ended 31 March 2021.
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended31March2022norfortheyear ended
31 March 2021.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
6.
Employees
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Insurance
funds
claim
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
11,263
-
Charitable activities
Trading
16,789
-
Other trading activities
75,707
-
Investment income
1
-
Other income
-
6,527
Total
103,760
6,527
EXPENDITURE ON
Other
104,028
1,885
Net gains on investments
10,525
-
NET INCOME
10,257
4,642
RECONCILIATION OF FUNDS
Total funds brought forward
17,714
(4,642)
TOTAL FUNDS CARRIED FORWARD
27,971
- |
2022
12
Restricted
fund
£
-
-
-
-
-
-
-
-
-
10,003
10,003 |
2021
10
Total
funds
£
11,263
16,789
75,707
1
6,527 |
|
|
110,287 |
|
|
105,913 |
|
|
10,525 |
|
|
14,899
23,075 |
|
|
37,974 |
continued...
Page 7
MYTHOLMROYD COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
7. TANGIBLE FIXED ASSETS
COST
At 1 April 2021 and 31 March 2022
DEPRECIATION
At 1 April 2021 and 31 March 2022
NET BOOK VALUE
At 31 March 2022
At 31 March 2021
8.
FIXED ASSET INVESTMENTS
MARKET VALUE
At 1 April 2021 and 31 March 2022
NET BOOK VALUE
At 31 March 2022
At 31 March 2021
There were no investment assets outside the UK.
9.
STOCKS
Stocks
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Amounts owed to group undertakings
Social security and other taxes
Pensions
Accruals and deferred income |
Freehold
property
£
181,393
175,996
5,397
5,397
Shares in
group
undertakings
£
1
1
1
2022
2021
£
£
1,965
-
2022
2021
£
£
3,672
3,215
361
721
386
1,544
186
67
54,463
79,406
59,068
84,953 |
|
|
Includedintheaboveismoniesreceivedfromtheinsurancepolicyforthedamagecausedin the
floods. At the balance sheet date the amount still to be spent was £54,463 (2021 £79,406)
continued...
Page 8
MYTHOLMROYD COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
11. MOVEMENT IN FUNDS
At 1.4.21
£
Unrestricted funds
General fund
12,971
Capital Fund
15,000
27,971
Restricted funds
General Restricted
10,003
TOTAL FUNDS
37,974
Net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
197,763
(147,162)
Capital Fund
-
(15,000)
Insurance claim
24,944
(24,944)
222,707
(187,106)
TOTAL FUNDS
222,707
(187,106)
Comparatives for movement in funds
At 1.4.20
£
Unrestricted funds
General fund
2,714
Capital Fund
15,000
Insurance claim
(4,642)
13,072
Restricted funds
General Restricted
10,003
TOTAL FUNDS
23,075 |
Net
movement
in funds
£
52,876
(15,000)
37,876
-
37,876
Gains and
losses
£
2,275
-
-
2,275
2,275
Net
movement
in funds
£
10,257
-
4,642
14,899
-
14,899 |
At
31.3.22
£
65,847
-
65,847
10,003
75,850
Movement
in funds
£
52,876
(15,000)
-
37,876
37,876
At
31.3.21
£
12,971
15,000
-
27,971
10,003
37,974 |
|
|
|
|
|
|
|
|
|
continued...
Page 9
MYTHOLMROYD COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
11. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Insurance claim
TOTAL FUNDS |
Incoming
resources
£
103,760
6,527
110,287
110,287 |
Resources
expended
£
(104,028)
(1,885)
(105,913)
(105,913) |
Gains and
losses
£
10,525
-
10,525
10,525 |
Movement
in funds
£
10,257
4,642
14,899
14,899 |
|
|
|
|
|
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
Capital Fund
Insurance claim
Restricted funds
General Restricted
TOTAL FUNDS |
Net
movement
At 1.4.20
in funds
£
£
2,714
63,133
15,000
(15,000)
(4,642)
4,642
13,072
52,775
10,003
-
23,075
52,775 |
At
31.3.22
£
65,847
-
- |
|
|
65,847
10,003 |
|
|
75,850 |
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:
Unrestricted funds
General fund
Capital Fund
Insurance claim
TOTAL FUNDS |
Incoming
resources
£
301,523
-
31,471
332,994
332,994 |
Resources
expended
£
(251,190)
(15,000)
(26,829)
(293,019)
(293,019) |
Gains and
losses
£
12,800
-
-
12,800
12,800 |
Movement
in funds
£
63,133
(15,000)
4,642
52,775
52,775 |
|
|
|
|
|
TherestrictedfundisthedonationsreceivedfromtheGreenBusinessEnviroFundtowards the
foyer improvements that have now been spent.
continued...
Page 10
MYTHOLMROYD COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
Page 11
MYTHOLMROYD COMMUNITY ASSOCIATION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
INCOME AND ENDOWMENTS
Donations and legacies
Subscriptions
Donations
Other trading activities
Sport facility receipts
Sundry receipts
Bar takings
Investment income
Interest receivable - trading
Charitable activities
Rents receivable
Function room rent
Other income
Insurance claim
Total incoming resources
EXPENDITURE
Other trading activities
Closing stock
Other
Interest on overdue taxes
Support costs
Finance
Bank charges
Other
Wages
Social security
Pensions
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Advertising
Repairs and refurbishment |
2022
£
919
87,828
88,747
27,906
19,687
13,683
61,276
-
21,227
26,513
47,740
24,944
222,707
(1,965)
9
1,802
73,990
685
920
2,712
5,167
13,601
682
167
372
5,156
67,216
170,668 |
2021
£
877
10,386 |
|
|
11,263
4,266
71,441
- |
|
|
75,707
1
13,016
3,773 |
|
|
16,789
6,527 |
|
|
110,287
-
-
1,119
56,656
-
525
1,595
4,409
10,898
647
485
190
1,003
22,143 |
|
|
98,551 |
This page does not form part of the statutory financial statements
Page 12
MYTHOLMROYD COMMUNITY ASSOCIATION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2022 |
|
|
Other
Other trading activities
Bar expenses
Governance costs
Accountancy and legal fees
Subscriptions
Total resources expended
Net income before gains and losses
Realised recognised gains and losses
Realised gains/(losses) on fixed asset
investments
Net income |
2022
£
9,028
3,333
4,231
7,564
187,106
35,601
2,275
37,876 |
2021
£
479
1,645
4,119 |
|
|
5,764 |
|
|
105,913 |
|
|
4,374
10,525 |
|
|
14,899 |
This page does not form part of the statutory financial statements
Page 13