**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 2024** ## **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 2024** ||**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 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 31st 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). It is now 49 years since the people of Mytholmroyd decided to acquire a derelict chicken hut and convert it into a community centre providing accommodation for the Scouts, playgroup, youth club and a community hall. The trustees are pleased to see that despite difficult economic conditions caused by Covid 19, utility costs and the cost of living crises the charity has maintained a steady growth during the year. Gym membership, classes and sports facility usage have grown; room hire and party bookings are starting to pick up. Despite the impact of Covid the trustees have been able to continue the investment in the centre. This has included work on the car park and redecoration within the centre. ## **OBJECTIVES AND ACTIVITIES Significant activities Groups and Organisations** **Scout Group:** The scout group has been unable to meet during long periods of the Covid virus. The trustees are pleased to see that the scouts are now able to meet in person. The range of activities and numbers have increased, and the scouts are now operating as normal. **Little Village Learners:** The Little Village Learners have maintained strong numbers in all age groups, pre-school and after school clubs have strong numbers. **The Calder Valley Fell Runners:** The fell runners have celebrated their 50th anniversary at the community centre and it was fantastic to be able to host their celebration. The fell runners maintain strong representation in all age groups and their training nights are well attended throughout the year. They are also continuing a run of success in regional, national and international competitions. **Mytholmroyd Weightlifting Club:** It is good to see the weightlifting club able to start using their facilities again. The membership is starting to grow again as regular training is commencing. The club 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 Pilates/yoga Hebden Bridge Probus Group Hebden Royd Saints Mytholmroyd Cricket Weddings & birthdays Walking football ## **FINANCIAL REVIEW Reserves policy** The trustees purpose is to maintain its current policy of maintaining the reserves at a level of approximately six months operational expenditure. Page 1 **MYTHOLMROYD COMMUNITY ASSOCIATION** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024** ## **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** 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** The trustees wish to place on record their thanks to their conscientious staff, who ensure the efficient day to day running of the community and leisure centre. We also wish to thank Hebden Royd Town Council who support the Association and all members of the local community who continue to use the centre 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 23rd December 2024 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')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st 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** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. 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: 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)). 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. Mr John Dakin Cresswells 12 Market Street Hebden Bridge West Yorkshire HX7 6AD 23rd December 2024 Page 3 ## **MYTHOLMROYD COMMUNITY ASSOCIATION** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024** |Unrestricted
funds
Notes
£
**INCOME AND**
**ENDOWMENTS FROM**
Donations and legacies
190,698
**Charitable activities**
Trading
68,588
Other trading activities
2
104,039
Other income
-
**Total**
363,325
**EXPENDITURE ON**
Raising funds
(343)
Other
311,037
**Total**
310,694
Net gains/(losses) on
investments
6,031
**NET INCOME**
58,662
**RECONCILIATION OF**
**FUNDS**
Total funds brought forward
91,709
**TOTAL FUNDS CARRIED**
**FORWARD**
150,371|Insurance
claim
£
-
-
-
7,857
7,857
-
7,857
7,857
-
-
-
-|Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
10,003
10,003|2024
Total
funds
£
190,698
68,588
104,039
7,857
371,182
(343)
318,894
318,551
6,031
58,662
101,712
160,374|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| |---|---|---|---|---| The notes form part of these financial statements Page 4 ## **MYTHOLMROYD COMMUNITY ASSOCIATION** ## **BALANCE SHEET 31ST MARCH 2024** |Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
6
5,397
Investments
7
1
5,398
**CURRENT ASSETS**
Stocks
8
1,433
Debtors
9
2,008
Cash at bank and in hand
143,705
147,146
**CREDITORS**
Amounts falling due within
one year
10
(2,173)
**NET CURRENT ASSETS**
144,973
**TOTAL ASSETS LESS**
**CURRENT LIABILITIES**
150,371
**NET ASSETS**
150,371
**FUNDS**
11
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Insurance
claim
£
-
-
-
-
-
12,105
12,105
(12,105)
-
-
-|Restricted
fund
£
-
-
-
-
-
10,003
10,003
-
10,003
10,003
10,003|2024
Total
funds
£
5,397
1
5,398
1,433
2,008
165,813
169,254
(14,278)
154,976
160,374
160,374
150,371
10,003
160,374|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| |---|---|---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 **MYTHOLMROYD COMMUNITY ASSOCIATION** ## **BALANCE SHEET - continued 31ST 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 23rd December 2024 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 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, with the exception of investments which are included at market value. The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £. ## **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. Freehold property - over 15 years ## **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. ## **2. OTHER TRADING ACTIVITIES** |Sport facility receipts
Sundry receipts
Bar takings|2024
£
50,122
8,724
45,193
104,039|2023
£
43,295
5,687
41,788
90,770| |---|---|---| continued... Page 7 **MYTHOLMROYD COMMUNITY ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024** ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31st March 2024 nor for the year ended 31st March 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31st March 2024 nor for the year ended 31st March 2023. ## **4. STAFF COSTS** The average monthly number of employees during the year was as follows: ## **5.** |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
63,642
-
**Charitable activities**
Trading
58,183
-
Other trading activities
90,770
-
Other income
-
34,501
**Total**
212,595
34,501
**EXPENDITURE ON**
Raising funds
875
-
Other
181,057
34,501
**Total**
181,932
34,501
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
-|2024
12
Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
10,003
10,003|2023
12
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| |---|---|---| continued... Page 8 **MYTHOLMROYD COMMUNITY ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024** |**6.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1st April 2023 and 31st March 2024
**DEPRECIATION**
At 1st April 2023 and 31st March 2024
**NET BOOK VALUE**
At 31st March 2024
At 31st March 2023
**7.**
**FIXED ASSET INVESTMENTS**
**MARKET VALUE**
At 1st April 2023 and 31st March 2024
**NET BOOK VALUE**
At 31st March 2024
At 31st March 2023
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
Pensions
Accruals and deferred income|2024
£
1,433
2024
£
2,008
2024
£
1,420
482
271
12,105
14,278|Freehold
property
£
181,393
175,996
5,397
5,397
Shares in
group
undertakin
£
1
1
1
2023
£
1,090
2023
£
3,824
2023
£
1,107
733
178
19,962
21,980| |---|---|---| Included in the above is monies received from the insurance policy for the damage caused in the floods. At the balance sheet date the amount still to be spent was £12,105 (2023 £19,962) continued... Page 9 **MYTHOLMROYD COMMUNITY ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024** ## **11. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
Car park fund
**Restricted funds**
General Restricted
**TOTAL FUNDS**|At 1.4.23
£
91,709
-
91,709
10,003
101,712|Net
movement
in funds
£
51,157
7,505
58,662
-
58,662|At
31.3.24
£
142,866
7,505
150,371
10,003
160,374| |---|---|---|---| Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
Insurance claim
Car park fund
**TOTAL FUNDS**|Incoming
resources
£
263,325
7,857
100,000
371,182
371,182|Resources
expended
£
(218,199)
(7,857)
(92,495)
(318,551)
(318,551)|Gains and
losses
£
6,031
-
-
6,031
6,031|Movement
in funds
£
51,157
-
7,505
58,662
58,662| |---|---|---|---|---| ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
**Restricted funds**
General Restricted
**TOTAL FUNDS**|Net
movement
At
At 1.4.22
in funds
31.3.23
£
£
£
65,847
25,862
91,709
10,003
-
10,003
75,850
25,862
101,712| |---|---| Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
Insurance claim
**TOTAL FUNDS**|Incoming
resources
£
212,595
34,501
247,096
247,096|Resources
expended
£
(181,932)
(34,501)
(216,433)
(216,433)|Gains and
losses
£
(4,801)
-
(4,801)
(4,801)|Movement
in funds
£
25,862
-
25,862
25,862| |---|---|---|---|---| continued... Page 10 **MYTHOLMROYD COMMUNITY ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024** ## **11. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
Car park fund
**Restricted funds**
General Restricted
**TOTAL FUNDS**|At 1.4.22
£
65,847
-
65,847
10,003
75,850|Net
movement
in funds
£
77,019
7,505
84,524
-
84,524|At
31.3.24
£
142,866
7,505
150,371
10,003
160,374| |---|---|---|---| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
Insurance claim
Car park fund
**TOTAL FUNDS**|Incoming
resources
£
475,920
42,358
100,000
618,278
618,278|Resources
expended
£
(400,131)
(42,358)
(92,495)
(534,984)
(534,984)|Gains and
losses
£
1,230
-
-
1,230
1,230|Movement
in funds
£
77,019
-
7,505
84,524
84,524| |---|---|---|---|---| ## **12. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31st March 2024. Page 11 **MYTHOLMROYD COMMUNITY ASSOCIATION** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024** |**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|2024
£
427
190,271
190,698
50,122
8,724
45,193
104,039
21,563
47,025
68,588
7,857
371,182
1,090
(1,433)
(343)
-
3,067
120,567
2,670
1,357
4,740
5,106
16,127
659
50
1,791
2,162
127,774
283,003|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| |---|---|---| 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 2024** |**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**|2024
£
23,379
2,717
6,728
9,445
318,551
52,631
6,031
58,662|2023
£
26,217
1,716
3,231
4,947
216,433
30,663
(4,801)
25,862| |---|---|---| This page does not form part of the statutory financial statements Page 13