REGISTERED COMPANY NUMBER: 07557971 (England and Wales)
REGISTERED CHARITY NUMBER: 1143537
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023
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 31ST MARCH 2023
|
Page |
Page |
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 |
11 |
Detailed Statement of Financial Activities |
12 |
to |
13 |
MYTHOLMROYD COMMUNITY ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present
theirreportwiththefinancialstatementsofthecharityfortheyearended31stMarch2023.The trustees
haveadoptedtheprovisionsofAccountingandReportingbyCharities:Statementof Recommended
PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Itisnow48yearssincethepeopleofMytholmroyddecidedtoacquireaderelictchickenhutand convert
itintoacommunitycentreprovidingaccommodationfortheScouts,playgroup,youthcluband a
community hall.
ThetrusteesarepleasedtoseethatdespitedifficulteconomicconditionscausedbyCovid19,utility costs
andthecostoflivingcrisesthecharityhasmaintainedasteadygrowthduringtheyear. Gym
membership,classesandsportsfacilityusagehavegrown;roomhireandpartybookingsarestarting to
pickup.DespitetheimpactofCovidthetrusteeshavebeenabletocontinuetheinvestmentin the
centre. This has included work on the car park drainage, road and lighting.
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:TheLittleVillageLearnershavemaintainedstrongnumbersinallage groups,
pre-school and after sch ool clubs have strong numbers.
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.Themembershipisstartingtogrowagainasregulartrainingiscommencing.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 |
|
5 evenings & |
|
|
Scout Group |
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 |
38 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 |
Hebden Royd Saints |
Oct - Mar |
CI Adventures |
On-going |
Mytholmroyd Cricket |
Oct - Mar |
Ladies Keep Fit |
Weekly |
Weddings & birthdays |
Various |
Badminton club |
Weekly |
Walking football |
Twice 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 31ST MARCH 2023
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
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 22nd December 2023 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
31st March 2023.
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
Cresswells
12 Market Street
Hebden Bridge
West Yorkshire
HX7 6AD
22nd December 2023
Page 3
MYTHOLMROYD COMMUNITY ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023
Unrestricted
funds
Notes
£
INCOME AND
ENDOWMENTS FROM
Donations and legacies
63,642
Charitable activities
Trading
58,183
Other trading activities
2
90,770
Other income
-
Total
212,595
EXPENDITURE ON
Raising funds
875
Other
181,057
Total
181,932
Net gains/(losses) on
investments
(4,801)
NET INCOME
25,862
RECONCILIATION OF
FUNDS
Total funds brought forward
65,847
TOTAL FUNDS CARRIED
FORWARD
91,709 |
Insurance
claim
£
-
-
-
34,501
34,501
-
34,501
34,501
-
-
-
- |
Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
10,003
10,003 |
2023
Total
funds
£
63,642
58,183
90,770
34,501
247,096
875
215,558
216,433
(4,801)
25,862
75,850
101,712 |
2022
Total
funds
£
88,746
47,740
61,277
24,944
222,707
(1,965)
189,071
187,106
2,275
37,876
37,974
75,850 |
|
|
|
|
|
The notes form part of these financial statements
Page 4
MYTHOLMROYD COMMUNITY ASSOCIATION
BALANCE SHEET 31ST MARCH 2023
Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
6
5,397
Investments
7
1
5,398
CURRENT ASSETS
Stocks
8
1,090
Debtors
9
3,824
Cash at bank and in hand
83,415
88,329
CREDITORS
Amounts falling due within
one year
10
(2,018)
NET CURRENT ASSETS
86,311
TOTAL ASSETS LESS
CURRENT LIABILITIES
91,709
NET ASSETS
91,709
FUNDS
11
Unrestricted funds
Restricted funds
TOTAL FUNDS |
Insurance
claim
£
-
-
-
-
-
19,962
19,962
(19,962)
-
-
- |
Restricted
fund
£
-
-
-
-
-
10,003
10,003
-
10,003
10,003
10,003 |
2023
Total
funds
£
5,397
1
5,398
1,090
3,824
113,380
118,294
(21,980)
96,314
101,712
101,712
91,709
10,003
101,712 |
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 |
|
|
|
|
|
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct 2006
for the year ended 31st March 2023.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe year
ended 31st March 2023 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
MYTHOLMROYD COMMUNITY ASSOCIATION
BALANCE SHEET - continued
31ST MARCH 2023
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable
companies subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
22nd December 2023 and were signed on its behalf by:
S Slater - Trustee
The notes form part of these financial statements
Page 6
MYTHOLMROYD COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023
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 |
2023
£
43,295
5,687
41,788
90,770 |
2022
£
27,906
19,688
13,683 |
|
|
61,277 |
continued...
Page 7
MYTHOLMROYD COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023
3. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31stMarch2023nor for
the year ended 31st March 2022.
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended31stMarch2023norfortheyear ended
31st March 2022.
4. STAFF COSTS
The average monthly number of employees during the year was as follows:
|
2023 |
2022 |
Employees |
12 |
12 |
No employees received emoluments in excess of £60,000.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
88,746
Charitable activities
Trading
47,740
Other trading activities
61,277
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 |
Total
funds
£
88,746
47,740
61,277
24,944
222,707
(1,965)
189,071
187,106
2,275
37,876
37,974
75,850 |
|
|
|
|
continued...
Page 8
MYTHOLMROYD COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023
6. TANGIBLE FIXED ASSETS
COST
At 1st April 2022 and 31st March 2023
DEPRECIATION
At 1st April 2022 and 31st March 2023
NET BOOK VALUE
At 31st March 2023
At 31st March 2022
7.
FIXED ASSET INVESTMENTS
MARKET VALUE
At 1st April 2022 and 31st March 2023
NET BOOK VALUE
At 31st March 2023
At 31st March 2022
There were no investment assets outside the UK.
8.
STOCKS
Stocks
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
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 |
2023
£
1,090
2023
£
3,824
2023
£
1,107
733
-
178
19,962
21,980 |
Freehold
property
£
181,393
175,996
5,397
5,397
Shares in
group
undertakin
£
1
1
1
2022
£
1,965
2022
£
-
2022
£
3,672
361
386
186
54,463
59,068 |
|
|
|
Includedintheaboveismoniesreceivedfromtheinsurancepolicyforthedamagecausedin the
floods. At the balance sheet date the amount still to be spent was £19,962 (2022 £54,463)
continued...
Page 9
MYTHOLMROYD COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023
11. MOVEMENT IN FUNDS
At 1.4.22
£
Unrestricted funds
General fund
65,847
Restricted funds
General Restricted
10,003
TOTAL FUNDS
75,850
Net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
212,595
(181,932)
Insurance claim
34,501
(34,501)
247,096
(216,433)
TOTAL FUNDS
247,096
(216,433)
Comparatives for 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
£
25,862
-
25,862
Gains and
losses
£
(4,801)
-
(4,801)
(4,801)
Net
movement
in funds
£
52,876
(15,000)
37,876
-
37,876 |
At
31.3.23
£
91,709
10,003
101,712
Movement
in funds
£
25,862
-
25,862
25,862
At
31.3.22
£
65,847
-
65,847
10,003
75,850 |
|
|
|
|
|
|
|
|
|
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Capital Fund
Insurance claim
TOTAL FUNDS |
Incoming
resources
£
197,763
-
24,944
222,707
222,707 |
Resources
expended
£
(147,162)
(15,000)
(24,944)
(187,106)
(187,106) |
Gains and
losses
£
2,275
-
-
2,275
2,275 |
Movement
in funds
£
52,876
(15,000)
-
37,876
37,876 |
|
|
|
|
|
continued...
Page 10
MYTHOLMROYD COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023
11. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
Capital Fund
Restricted funds
General Restricted
TOTAL FUNDS |
Net
movement
At
At 1.4.21
in funds
31.3.23
£
£
£
12,971
78,738
91,709
15,000
(15,000)
-
27,971
63,738
91,709
10,003
-
10,003
37,974
63,738
101,712 |
At
31.3.23
£
91,709
- |
|
|
91,709
10,003 |
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:
Unrestricted funds
General fund
Capital Fund
Insurance claim
TOTAL FUNDS |
Incoming
resources
£
410,358
-
59,445
469,803
469,803 |
Resources
expended
£
(329,094)
(15,000)
(59,445)
(403,539)
(403,539) |
Gains and
losses
£
(2,526)
-
-
(2,526)
(2,526) |
Movement
in funds
£
78,738
(15,000)
-
63,738
63,738 |
|
|
|
|
|
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st March 2023.
Page 11
MYTHOLMROYD COMMUNITY ASSOCIATION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023
INCOME AND ENDOWMENTS
Donations and legacies
Subscriptions
Donations
Other trading activities
Sport facility receipts
Sundry receipts
Bar takings
Charitable activities
Rents receivable
Function room rent
Other income
Insurance claim
Total incoming resources
EXPENDITURE
Other trading activities
Opening stock
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 |
2023
£
533
63,109
63,642
43,295
5,687
41,788
90,770
19,733
38,450
58,183
34,501
247,096
1,965
(1,090)
875
40
3,013
96,185
1,161
1,232
2,645
5,235
6,700
662
17
2,105
2,328
63,071
181,341 |
2022
£
918
87,828
88,746
27,906
19,688
13,683
61,277
21,227
26,513
47,740
24,944
222,707
-
(1,965)
(1,965)
9
1,802
73,990
685
920
2,712
5,167
13,601
682
167
372
5,156
67,216
170,668 |
|
|
|
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 31ST MARCH 2023
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2023 |
|
|
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 |
2023
£
26,217
1,716
3,231
4,947
216,433
30,663
(4,801)
25,862 |
2022
£
9,028
3,333
4,231 |
|
|
7,564 |
|
|
187,106 |
|
|
35,601
2,275 |
|
|
37,876 |
This page does not form part of the statutory financial statements
Page 13