CHARITY COMMISSION COPY COMPANY REGISTRATION NUMBER: 08280942 CHARITY REGISTRATION NUMBER: 1151800 South Elmsall Community Facllities Llmited Company Limited by Guarantee Unaudited Financial Statements For the perlod ended 31 January 2024
South Elmsall Community Facilities Llmlted Company Llmlted by Guarantee Flnanclol Statements Year ended 31 January 2024 Pages Trustees, annual report (incorporating the director's reporll Ito4 Independent examinerfs report to the Irustees 5t06 statement of financial activities (including income and expenditure accounti Slatemenl of financial position Slatemenl of cash flows Notes to the financial statemenls ioto15
South Elmsall Communlty Facilltles Llmited Company Llmlled by Guarantee Trustees, Annval Report (Incorporallng Ihe Dlrector's Report) Year ended 31 January 2024 The trustees, who are also Ihe directors for the purposes of company law, present their report and the unaudited financial slatements of the charity for Ihe year ended 31 January 2024. R•f•r•nce and admlnlstratlve detalls Reglstered charlly name South ElmsalS Communily Facilities Limited Charlty reglslratlon number 11518CK) Company reglstratlon number 08280942 Prlnclpal offlce and reglstered 122 Westfield Lane offl¢e South Elmsall Pontefract West Yorkshire WF9 2EF The truJtee$ Mr B Capstick Mr R Hayhurst Mr R Lukaszewicz Mr S Tulley Company secretary Ms C L Baxler Independent examlner Miss T J Maeer FCA of Townends Accountants LLP Fulford Lodge l Heslington Lane Fulford York Y0104HW
South Elmsall Communlty Facilities Llmlted Company Llmlted by Gvaranl•• Trustees, Annval Report (Incoiporatlng the Dlre¢lor's Report) (contlnvedj Year ended 31 January 2024 Slructure, governance and management The organisation is a charitable company limited by guarantee. incorporaled on 5 November 2012 and registered as a charity on 26 April 2013. The company was established under a Memorandum of Association which established Ihe objects and powers of the charitable company and is governed under its Articles of Association. Under those Articles, the Board of Tru51ees are elected and their appointmenl reviewed annually by Board of Directors. Alm and purpose The charity aims to make a difference to the wellbeing of our community while enhancing the economic and Social regeneration of our neighbourhood. In order lo do this Ihe objects of the charity are as follows: To promote. for the benefit of Ihe inhabitants of South Elmsall and Ihe surrounding area, the provlsion of facilities for Ihe community who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in Ihe interests of social welfare and with the object of improving the condition of life of the said inhabilanls. To establish or secure the establishment of a community cenlre and other communily facilities. Objectlves and acllvltles Whilsl planning activities to meet Ihese objectives the trustees have taken into consideration the Chority Commission's general guidance on public benefil and have undertoken projects in order to achieve Ihese requiremenls. The charity runs and manages Ihe Weslfield Centre for South Elmsall Town Council. The building provides office accommodation, room hire and hall hire for weddings. parties and conferences lo members of the communily. The centre also houses the Lanes Café which provides the community with hot and healthy meals al a subsidised rale. Additionally, the charity maintains a public toilet facility at the Centre. Achlevemenls and performance South Elmsall Community Facilities Limited has faced a difficult e1ve months with the cost of living crisis and the decline from outside funding which has impacled on profils and meant the charity has had to use its resetves. Energy bills have risen and the demand for our services has increased.
South Elmsall Community Facllltles Limited Company Llmlted by Guarantee Trustees, Annual Report (Incorporallng the Dlrector's Report) (conllnued) Year ended 31 January 2024 Flnanclal revlew The charity has used its reserves in order lo continue Ihrough what has been a difficult period with the cost of living crisis hitting the charity hard. The nursery had to close ils doors dvring Ihe period due to a lack of qualified staff. The nursery has since reopened and is trading positively. Plans for future perlods The charity ha5 extended its day nursery and hopes the additional income will help build a surplus for the coming twelve month period. Reserves pollcy It is the policy of the charity lo maintain unrestricted funds. which are the free reserves of the charily, at a level thol equates lo approximately six months unrestricted expenditure. This provides sufficient funds to cover management and administralion costs and to provid6 funds available for donations to projects as and when required. Rlsk management The Truslees have assessed the major risks to which the charity is exposed, in particular those relaled lo the operations and finances of the Company, and are satisfied thal syslems are in place lo mitigate our exposure to Ihe major risks.
South Elmsall Communlty Faclllties Limited Company Llmlted by Guarantee Tru$tee$' Annval Report (Incorporatlng the Dlreclor's Report) (conNnvedJ Year ended 31 Jonvary 2024 Responslbllllles of the truslees The Irustees Iwho are also directors of South Elmsall Community Facilities Limited for the purposes of company lawl are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law ond United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial slalements for each flnancial year which give a true and fair view of the state of affairs of the charitable company and of the Incoming resources and applicalion of resources, including the income and expenditure, of the charilable company for that period. In preparing those financial slatemen15, Ihe trustees ore requlred to., select svitoble accounting policies and then apply them consistently; observ8 Ihe methods and principles in the Charities SORP; make judgements and eslimates that are reasonable and prudenl., state whether applicable UK Accounling Stondords hove been followed, subject to any material departures disclosed and explained in the financial slatements; prepare Ihe financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping proper accounting records thal disclose with reasonable accuracy at any time the financial position of Ihe charitable company and enable them to ensure Ihal Ihe financial statements comply wilh the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small company provlslons This report has been prepared in accordance with the provisions applicable to companies entitled to Ihe small companies exemplion. The trustees, annual report was approved on oKI.¥.o.l.Xktr.... and signed on behalf of the board of Iruslees by: Mr B Capstick Trustee
South Elmsall Communily Facilitles Llmited Company Llmlted by Guarantee Independent Examlner's Report to Ihe Truslees of Soulh Elmsall Communlty Facllllles Llmlted Year ended 31 January 2024 report to the trustees on my examination of the financial statements of South Elmsall Communily Facilities Limited I'the charity'l for the year ended 31 January 2024. Responslbllllles and basls of report As the trustees of Ihe company {and also ils directors for Ihe purposes of company lawl you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2(X161'the 26 Act'}. Having satisfied myself Ihat the occounts of Ihe company are not required to be audited under Part 16 of the 2006 Acl and are eligible for independent examination, I report in respecl of my examination of the charity's accounls os carried oul under section 145 of the Charities Act 2011 I'lhe 2011 Act,). In carying out my examinalion I have followed the Direclions given by the Charily Commission under section 145151 Ibl of the 2011 Act. Independent examlner's statement Since the charity's gross income exceeded £250,OCQ your examlner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Inslitute of Charlered Accountants in England and Wales {ICAEWI, which is one of the lisled bodies. I have completed my examination. I confirm that no matlers have come to my atlention in connection wilh the examinalion giving me cause lo believe: occounting records were not kepl in respecl of the charity as required by seclion 386 of the 2006 Act: or the financial statemenls do nol accord wllh those records: or the financial statements do not comply with the occounting requirements of section 396 of Ihe 2006 Act olher Ihan any reqvirement that the accounts give a 'true and fairf view which is not a malter considered as part of an independent examination; or Ihe financial statements have not been prepared in accordance with the methods and principles of Ihe Statement of Recommended Practice for accovnting and reporting by charities applicable lo charities preparing their account5 In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102).
South Elmsall Communlty Facllltles Limited Company Llmlted by Guarantee Independent Examlner's Report lo the Twstees of South Elmsall Communlty Facllllles Llmlled (conllnved) Year ended 31 January 2024 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. Miss T J Maeer FCA of Townends Accounlants LLP Independent Examiner Fulford Lodge l Heslington Lane Fulford York YOIO 4HW
South Elmsall Communlty Facllltles Limited Company Llmlted by Guarantee Slatement of Flnanclal Actlvllle$ {Includlng Income and expendllure account) Year ended 31 January 2024 Period from IDec21to 31 Jan 23 Year to 31 Jan 24 Unrestricted funds Total funds Total funds Nole Income and endowments Donations and legacies other trading activities Investment income 104,621 511,285 104,621 511,285 254,756 608,552 Total Income 615,936 615.936 863,317 Expendltvre Expendilure on charitable activilies Total expendlture 688,187 688,187 863,368 688,187 688,187 863,368 Nel expendllure and net movement In Ivnds 172,2511 {72,251) 1511 Reconclllatlon of Ivnd$ Total lunds brought foward Tolal fvnds carrled forward 182,919 182,919 182,970 110,668 110,668 182,919 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from conlinuing aclivilies. The notes on pages 10 to 15 lorm part of these flnanclal statemenls.
South Elmsall Communlty Facllltles Llmlted Company Ilmlted by Guaranl•e statement of Flnanclal Posltlon 31 January 2024 2024 2023 Note Flxed assels Tangible fixed assets 15 3,073 4,177 Current assets Debtors Cash at bank and in hand 16 4,563 203,383 122,293 122.293 207,946 Credltors: amounts lalllng due w5thln one year Net cvrrenl assets 17 14.698 29,204 107.595 178,742 Total assets less current Ilabllltl•$ 110.668 182,919 Net assets 110.668 182,919 Funds of the charlty Unrestricted funds 110,668 182,919 Total charlty funds 19 110.668 182,919 For the year ending 31 January 2024 the charity was entilled to exemption from audit under section 477 of the Companies Act 2006 relaling to small companies. Direclors, responsibilities: The members have not required the company to oblain an audit of its financial stalements for the yeor in question in accordance with section 476: The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These financial statements were approved by Ihe board of trustees and authorised for issue on aKIAn.l.Lkn.. and are signed on behalf of the board by: Mr B Capstick Trustee Mr S Tulley Trustee The notes on pages 10 lo 1 S form part of these flnanclal stalements.
South Elmsall Community Facilities Limited Company Llmlted by Gvarantee statemenl of Cash Flows Year ended 31 Janvary 2024 2024 2023 Cash flows from operallng acllvllles Net expenditure (72.251) 1511 Adjustments for.. Depreciation of tangible fixed assels other interesl receivable and similar income Interest payable and similar charges Accrued lincomellexpenses 1,104 (30) 3,877 (10,916) 2,076 191 4,793 8,050 Chonges in.. Trade and other debtors Trade and other creditors 4.563 (3,590) (77,243) 14,563) 11 ,267) 9,029 Cash generated from operations Inlerest paid Interest received (3,877) 30 14,793) Net cash lused inllfrom operating activities (81,090) 4,245 Cash Ilows from Investlng actlvltles Purchase of tangible assels Net cash used in investing activilies 12,1591 12,1591 Net (de¢rea3e)1Snciea$e In cash and cosh equlvalents Cash and cash equlvalenls at beglnnlng of year Cash and ¢a$h equlvalents at end of year (81,090) 203.383 2,086 201,297 122,293 203,383 The notes on pages 10 to 15 form part of these Ilnanclal statements.
South Elmsall Communlty Facilities Limited Company Llmlted by Gvaranlee Notes to the Flnanclal Statements Year ended 31 January 2024 General Inlormatlon The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charily in England and Wales. The address of the regislered office is 122 Westfield Lane, South Elmsall, Pontefract, West Yorkshire, WF9 2EF. stalement of compllance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (Charities SORP IFRS 10211 and the Companies Act 2006. Accountlng pollcles (a) Basls of preparallon The financial slatements have been prepared on Ihe hlslorical cost basis. The financial statements are prepared in sterling. which Is the funclional currency of the entity. The charlty also meets the definition of a publlc benefit entily as defined under FRS 102. (b) Golng concern There are no malerial vncerlaintles about the charity's ability to continue. (c) Fund accountlng Funds held by the charily are either: Unrestrlct•d general Ivnds These are funds which can be used in accordance with Ihe charilable objects at Ihe discretion of the trustees. Restrlcled funds These funds can only be used for particular restiicled purposes within Ihe objecls at the charity. Restriclion5 arise when specified by the donor or when funds are raised for particular restricted purposes. (d) Incomlng resource$ Income and donations are accounted for as received by the chority. No permanent endowments have been received in the period. Income from other trading activities is accounted for as they are received by the charily. 10-
South Elmsall Community Facllltles Limited Company Llmlted by Guarantee Notes to the Flnanclal Statements (contlnued) Year ended 31 January 2024 Accountlng pollcles (conllnued) (e) Resources expended Expenditure is recognised when a liability is incutred. Charttable activities include all expenditure associated wilh the day to day provision of Community Facilities. {1) Tanglble assets Tangible assets are inilially recorded at cost, and subsequenlly stated at cost less any accumulated depreciation and impairment losses. {g) Depreclatlon Depreciation is calculated so as to write off the cost or valvation of an asset, less its residual value, over the useful economic life of Ihal asset as follows: Equipment 20% straight line (h) Flnanclal Instiuments Financlal instrumenls are classified as accounled for, according to the svbstance of the contractual arrangemenl, as either financial assels, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company afler deducting all of its liabilities. {1) Deflned conlilbvtlon plans Contrlbutions to defined contribution plons are recognised as an expense in the period in which the relaled service is provided. Ilmlted by guarantee The liability of Ihe members is limited lo £l.IX). Donallons and legaclos Unrestricled Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Donatlons Council grants Donations and event income Sundry grants 83,138 18,264 3.219 83,138 18.264 3,219 207,444 15,860 31,452 207,444 15,860 31,452 104.621 104.621 254,756 254,756
South Elmsall Community Facilities Limited Company Llmlted by Guaran1•• Notes lo the Flnanclal Statements (contlnued) Year ended 31 January 2024 Olher Iradlng actlvllles Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Lanes cafe Westfield cenlre - room leltings Public loilets Adult education hire Childrens cenlre 3G Sports pilch hire 203,283 56.114 980 40.184 146,733 63,991 203,283 56,114 980 40.184 146.733 63,991 252,323 59,696 386 26,627 269,520 252,323 59,696 386 26,627 269,520 511.285 511,285 608,552 608,552 Investmenl Income Unrestricted Total Funds Unrestricled Total Funds Funds 2024 Funds 2023 Bonk interest 30 Expendlture on charltable acllvltle$ by lund type Unrestricted Tolal Fund$ Unrestricted Total Funds Funds 2024 Funds 2023 Lanes cafe Westfield centre- Room letlings Public toilets Adult education hire Childrens centre & play group Support costs 360.538 90.057 825 25,434 207.366 3,967 360,538 90,057 825 25,434 207,366 3,967 405,487 149,027 1.255 18,208 284,473 4,918 405,487 149,027 1,255 18,208 284,473 4,918 688,187 688,187 863,368 863,368 Expendlture on charllable actlvltles by acllvlty typ• Activities undertaken directly Supporl Total funds costs 2024 Total fund 2023 Lanes cafe Westfield centre - Room letlings Public toilets Adult education hire Childrens centre & play group 360,538 90,057 825 25.434 207,366 3,877 90 364.415 90.147 825 25,434 207.366 410,280 149,152 1,255 18,208 284,473 684,220 3,967 688.187 863,368 12-
South Elmsall Community Facilltles Llmlted Company Llmlted by Gvarantee Notes to the Flnanclal Statements (conllnued) Year ended 31 January 2024 10. Analysls of support costs An051S of supporl costs Total 2024 Tolal 2023 General office Bank charges 90 3,877 90 3,877 125 4.793 3.967 3.967 4,918 1 l. Net expendllure Net expenditure is slated afler charging/lcrediting): 2024 2023 Depreciation of langible fixed assels 1,104 2,076 12. Independenl examlnatlon lees Period from Yearto l Dec 21 to 31 Jan 24 31 Jan 23 Fees payable to the independent examiner for: Independenl examination of the financial statemen15 3,500 5,986 13. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows: Period from Yearlo l Dec 2110 31 Jan 24 31 Jan 23 Wages and salories Employer contributions lo pension plans 394,175 3.527 432,939 4,308 397,702 437.247 The average head count of employees during the year was 3312023: 361. The average number of full-lime equivalent employees during Ihe year is analysed os follows: 2024 No. 2023 No. Number of part time staff 33 36 No employee received employee benefits of more than £60,IXQ during the year12023'. Nill. 13-
South Elmsall Community Facllltles Limited Company Llmlted by Guarantee Notes to Ihe Flnanclal Statemenls (conllnuedj Year ended 31 Januory 2024 14. Trustee remuneratlon and expenses No remuneration was paid to trustees in the year, nor were ony trustees, expenses reimbursed. 15. Tanglble flxed assets Equipment Total Cost At l February 2023 and 31 January 2024 Depreclallon At l February 2023 Charge for the year At 31 January 2024 Cariylng amount At 31 January 2024 At 31 January 2023 32,606 32,606 28,429 1.104 28,429 1,104 29,533 29,533 3,073 3,073 4,177 4,177 16. Debtors 2024 2023 other debtors 4,563 17. Credltors: amount$ falllng due wlthln one year 2024 2023 Accruals and deferred income Social securily and other taxes other creditors 7,114 7,579 18,030 11,169 14,698 29,204 18. Penslons and other post retlrement beneflls Deflned contrlbutlon plans The amount recognised in income or expendilure as an expense in relation to defined conlribution plans was £3.52712023.' £4,308). 14-
South Elmsall Community Facilitles Limited Company Llmtted by Gvarantee Notes to the Flnanclal Statements (conllnved) Year ended 31 Januory 2024 19. Analysls of charllable funds Unreslrlcted lunds Al l February 2 023 At 31 Jonuary 2 024 Income Expenditure Unrestricted Fund - Central Reserves 182.919 615,936 {688.187) 110.668 At l December 2021 At 31 January 2 023 Income Expenditure Unrestricted Fund - Central Reserves 182,970 863,317 1863,3681 182,919 20. Analys1$ of net assets belween fund$ Unrestricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less thon l year Net asse1$ 3,073 122,293 114,6981 110,668 3,073 122,293 (14,698) 110,668 Unrestricted Total Funds Funds 2023 Tangible fixed assels Current assels Creditors less than l year Nel assels 4,177 207,946 129,2041 182.919 4,177 207,946 129,2041 182,919 21. Analys1$ ol change$ In net debt At At l Feb 2023 Cash flows 31 Jan 2024 Cash at bank and in hand 203,383 (81,0901 122,293 15