Rycroft Leisure
Charity number 1157830
Annual Report and Financial Statements
for the year ended 31 March 2021
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Rycroft Leisure
Annual Report and Financial Statements for the year ended 31 March 2021
| Contents | Page |
|---|---|
| Trustees' report | 2 to 3 |
| Examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the accounts | 7 to 13 |
Prepared by West Yorkshire Community Accounting Service
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Rycroft Leisure
Trustees' report for the year ended 31 March 2021
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates
Position Dates Gary Middleton Resigned 10 November 2021 Ward Richards Chair Malcolm Scott Vice-chair Gloria Booth Ryan Cotton Appointed 28 January 2021 Dave Taylor Appointed 28 January 2021 Gill Partington Appointed 28 January 2021
Charity number 1157830 Registered and principal address Bankers The Sports & Youth Centre Barclays Bank Plc Mulberry Avenue Trinity Walk Ryhill Wakefield Wakefield WF1 1QS WF4 2BB
Registered in England and Wales
Independent examiner
E J Beverley FCCA West Yorkshire Community Accounting Service Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is a Charitable Incorporated Organisation (CIO) formed on 14 July 2014 and is governed by a constitution.
Method of recruitment and appointment of trustees
The trustees of the charity are appointed by a resolution at a meeting of the trustees.
Objectives and activities
The charity's objects
(a) The promotion of community participation in healthy recreation in particular (but not exclusively) by the promotion of facilities for the playing of football, cricket, rugby, bowls, badminton, tennis skateboarding and a fitness gym;
(b) To help young people from Ryhill and Havercroft and surrounding areas , especially but not exclusively through leisure activities, so as to develop their capabilities that they may grow to full maturity as individual and members of society;
(c) To promote the provision of facilities for recreation or other leisure time activities for individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social economic circumstances or for the public at large in the interest of social welfare.
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Rycroft Leisure
Trustees' report (continued) for the year ended 31 March 2021
Objectives and activities (continued)
The charity's main activities
The provision of a Sports, Youth and Social facility including sports fields, sports hall, gym, youth centre and social area.
Public benefit statement
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of Amateur sport and recreation.
Achievements and performance
During the year Rycroft Leisure has:
Provided first rate facilities for sports - twelve football teams, cricket, bowls, rugby and fitness gym. Provided a community venue to help increase physical activity, sports hall which caters for dance troupes, exercise classes, badminton, mini football and walking football.
Provided a safe youth club environment for young people aged 8-19 with additional support for those aged up to 25 with job search and interview support.
Provided community support with six projects supporting physical activity, diet, lifestyle and mental health for all ages.
Provided support to the local community during the Covid pandemic with a hot meals service delivered to registered households.
Financial review
The net income for the year was £127,685, including net income of £28,191 on unrestricted funds and net income of £99,494 on restricted funds after transfers.
Reserves policy
The charity's free reserves, excluding fixed assets, at the year end were £91,588.
We aim to maintain reserves of between 3 to 6 months of budgeted expenditure in order to enable the smooth running of the charity and to allow for an orderly winding up should the charity need to close.
Going Concern
At the time of these accounts the charity continues to be impacted by the global Covid-19 virus. The trustees have reassessed the charity’s ability to continue for at least 12 months from the date that the accounts are approved and conclude that there are material uncertainties but having reviewed our forecasts and reserves conclude that the organisation can be treated as a going concern.
Signed on behalf of the board of trustees on 20/01/2022
Ward Richards
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Rycroft Leisure
Independent examiner's report to the trustees of Rycroft Leisure
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 March 2021, which are set out on pages 5 to 13.
Responsibilities and basis of report
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the CIO's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since the CIO's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act.
I confirm that I am qualified to undertake the examination because I am a member of ACCA which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; 2 the accounts do not accord with those records; or
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3 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
E J Beverley FCCA
21/01/2022
West Yorkshire Community Accounting Service
Stringer House 34 Lupton Street Leeds LS10 2QW
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Rycroft Leisure
Statement of Financial Activities
(including summary income and expenditure account) for the year ended 31 March 2021
| Notes 2021 Unrestricted funds £ Income from: Grants and donations (2) 68,717 Sales and fees 43,110 Other income - Total income 111,827 Expenditure on: Salaries and NIC (3) 38,825 Mileage 352 Printing, postage and stationery 894 Insurance 6,742 Legal and professional 5,245 Repairs and maintenance 13,505 Activity costs 6,523 Training - Advertising 35 Accountancy and independent examination 1,818 Computers and IT 120 Utilities 888 Equipment 155 Donation - Bank charges 369 New football pitch cost - Multi-use pitch cost - Miscellaneous expenses 574 Partner payments 804 Depreciation 11,033 Total expenditure 87,882 Net income / (expenditure) 23,945 Transfers between funds 4,246 Net movement in funds 28,191 Fund balances brought forward 84,288 Fund balances carried forward (4) 112,479 |
2021 Restricted funds £ 252,947 - - 252,947 91,274 - - - - 28,000 8,643 - - - 483 9,768 - - - - - - 11,039 - 149,207 103,740 (4,246) 99,494 98,338 197,832 |
2021 Total funds £ 321,664 43,110 - 364,774 130,099 352 894 6,742 5,245 41,505 15,166 - 35 1,818 603 10,656 155 - 369 - - 574 11,843 11,033 237,089 127,685 - 127,685 182,626 310,311 |
2020 Restated Total funds £ 203,587 35,080 1,447 240,114 122,077 1,592 446 7,304 1,986 29,113 9,596 753 2,776 990 3,323 10,771 2,479 250 553 2,932 2,684 94 18,938 6,648 225,305 14,809 - 14,809 167,817 182,626 |
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
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Rycroft Leisure
Balance sheet
| as at 31 March 2021 2021 Unrestricted £ Fixed assets Tangible assets (5) 20,891 Total fixed assets 20,891 Current assets Debtors and prepayments (6) 12,744 Cash at bank and in hand (7) 82,487 Total current assets 95,231 Current liabilities: amounts falling due within one year Creditors and accruals (8) 3,643 Total current liabilities 3,643 Net current assets / (liabilities) 91,588 Net assets 112,479 Funds Unrestricted funds 112,479 Restricted funds - Total funds 112,479 |
2021 Restricted £ - - 4,928 192,904 197,832 - - 197,832 197,832 - 197,832 197,832 |
2021 Total £ 20,891 20,891 17,672 275,391 293,063 3,643 3,643 289,420 310,311 112,479 197,832 310,311 |
2020 Restated Total £ 14,387 14,387 24,030 147,248 171,278 3,039 3,039 168,239 182,626 84,288 98,338 182,626 |
|---|---|---|---|
The financial statements were approved by the board of trustees on 20/01/2022
Ward Richards (Trustee)
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Rycroft Leisure Notes to the accounts
for the year ended 31 March 2021
1 Accounting policies
Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by 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) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
There has been no change to the accounting policies since last year.
The previous year accounts have been restated to accruals accounts as the charity can no longer take advantage of section 133 of the Charities Act 2011 and prepare accounts on a receipts and payments basis due to the level of turnover now exceeding the threshold.
Going concern
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
Incoming resources
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
Grants and donations
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
Expenditure and liabilities
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Tangible fixed assets
Tangible fixed assets costing more than £1,000 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Machinery and equipment: over 4 years
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Rycroft Leisure
Notes to the accounts
for the year ended 31 March 2021
1 Accounting policies continued
Pensions
The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
Leases
Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.
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Rycroft Leisure
Notes to the accounts continued
for the year ended 31 March 2021
| 2 Grants and donations Havercroft Parish Council Ryhill Parish Council Talent Match Community Navigators Lottery - Reaching Communities WMDC Football Foundation Active Inspired Nova Sir George Martin Trust Young Carers Unite PEAT project Barnados Charities Aid Foundation (CAF) Sported Yorkshire Sport WMDC - Our family our future WMDC - Big Feed Leeds Community Foundation Donations 3 Staff costs and numbers Gross salaries Social security costs Pensions |
2021 Unrestricted funds £ 11,406 11,289 - - - 43,022 - - - - - - - - - - - - - - 3,000 68,717 |
2021 Restricted funds £ - - - 19,585 56,802 49,498 - 16,204 34,491 - 7,492 - - 1,888 20,280 2,000 5,280 24,463 5,000 9,964 - 252,947 |
2021 Total funds £ 11,406 11,289 - 19,585 56,802 92,520 - 16,204 34,491 - 7,492 - - 1,888 20,280 2,000 5,280 24,463 5,000 9,964 3,000 321,664 2021 £ 120,694 7,526 1,879 130,099 |
2020 Total funds £ 15,500 15,500 4,187 19,585 53,213 48,500 1,591 27,713 1,000 2,770 10,235 500 2,083 - - - - - - - 1,210 203,587 2020 £ 111,396 9,009 1,672 122,077 |
|---|---|---|---|---|
The average number employees during the year was 7.7, being an average of 4.7 full time equivalent (2020: 8.4, 4.7 FTE). There were no employees with emoluments above £60,000.
| Defined contribution pension scheme | 2021 | 2020 |
|---|---|---|
| £ | £ | |
| Costs of the scheme to the charity for the year | 1,879 | 1,672 |
| Amount of any contributions outstanding at the year end | 159 | - |
| Amount of any contributions prepaid at the year end | - | - |
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Rycroft Leisure
Notes to the accounts continued for the year ended 31 March 2021
| 4 Restricted funds Community Navigators Lottery Reaching Communities Awards 4 All Tesco Active Inspired Sir George Martin Trust WMDC Connecting Communities Young Carers Unite Our family our future Barnados crisis fund Big Feed CAF CLLD Objective 1 CLLD Objective 3 CLLD Objective 5 Leeds Community Foundation Hampers Live well Sported Youth |
Balance b/f £ 17,075 25,142 3,949 2,000 26,453 2,770 19,843 806 300 - - - - - - - - - - - - 98,338 |
Incoming £ 19,585 56,802 - - 16,204 - 48,500 7,492 - 24,463 1,888 5,000 20,280 12,000 2,391 8,740 9,964 998 11,360 2,000 5,280 252,947 |
Outgoing £ 17,843 53,553 - - 4,332 - 21,574 6,463 - 715 1,112 482 13,329 17,401 2,203 - 6,937 290 773 - 2,200 149,207 |
Transfers £ - - - - - (2,400) (2,190) - - - - - - 7,223 - (3,429) - - (3,450) - - (4,246) |
Balance c/f £ 18,817 28,391 3,949 2,000 38,325 370 44,579 1,835 300 23,748 776 4,518 6,951 1,822 188 5,311 3,027 708 7,137 2,000 3,080 197,832 |
|---|---|---|---|---|---|
Fund name
Purpose of restriction
Community Navigators
Lottery Reaching Communities
Awards 4 All Tesco Active Inspired Sir George Martin Trust
WMDC Connecting Communities
Young Carers Unite Our family our future
Barnados crisis fund Big Feed CAF
CLLD Objective 1 CLLD Objective 3 CLLD Objective 5
Leeds Community Foundation
Towards wages, mileage, equipment for mental health and community keyworker.
Towards youth activities, wages, organisational development and equipment. Towards youth activities.
Towards youth activities.
Towards sports activities.
Towards the Park Project. The transfer relates to play equipment capitalised and transferred to unrestricted for the general use of the charity.
Towards costs for running over 55's groups. The transfer relates to items capitalised and transferred to unrestricted for the general use of the charity. A 1 year pilot scheme for under 10's.
Towards period poverty.
Towards a Community Development worker and an apprentice sports development worker.
Tailored support for families and young people in crisis. The Big Feed Hot Food Provision
Resilience fund for staff costs, entry access system, meal delivery to the elderly and volunteer costs.
Building powerful communities capital grant.
Towards helping adults in the community gain employment.
To bring new and innovative solutions to long term issues identified by the People Enabling Area Transformation project. The transfer relates to items capitalised and moved to unrestricted for the general use of the charity. Resilience fund
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Rycroft Leisure
Notes to the accounts continued for the year ended 31 March 2021
4 Restricted funds (continued)
Fund name Purpose of restriction Hampers To provide Christmas hampers. Live well For equipment and resources to restart the Young@Heart group and provide activity packs for members of the young peoples groups. The transfer relates to the purchase of a fixed asset from the fund. Sported Support to run groups whilst navigating Covid-19 guidelines including additional equipment, cost of cleaning equipment and advertising and signage. Youth Emotional and wellbeing grant fund.
| 5 6 7 **8 ** |
Tangible assets Cost At 1 April 2020 Additions At 31 March 2021 Depreciation At 1 April 2020 Charge for year At 31 March 2021 Net book value At 31 March 2021 At 31 March 2020 Debtors and prepayments Loan to Trading subsidiary company Prepayments Cash at bank and in hand Cash at bank Creditors and accruals Creditors Accruals |
£ 26,594 17,537 44,131 12,207 11,033 23,240 20,891 14,387 2021 £ 8,853 8,819 17,672 2021 £ 275,391 275,391 2021 £ 2,653 990 3,643 Machinery and Equipment |
Total £ 26,594 17,537 44,131 12,207 11,033 23,240 20,891 14,387 2020 £ 19,200 4,830 24,030 2020 £ 147,248 147,248 2020 £ 2,289 750 3,039 |
|---|---|---|---|
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Rycroft Leisure
Notes to the accounts continued
for the year ended 31 March 2021
9 Related party transactions
Trustee expenses
No trustee received any expenses during this year or the previous year.
Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
Remuneration and benefits received by key management personnel
The key management personnel of the charity include the trustees and Centre Manager, Youth Centre Manager and Finance Officer. The total employee benefits received by the Centre Manager, Youth Centre Manager and Finance Officer were £75,797.
No trustee received any remuneration or benefit in this capacity during this or the previous year.
Other related party transactions
The CIO is parent company to Rycroft Trading CIC , a company limited by guarantee, company number 09158231.
| Loan to trading subsidiary Outstanding balance receivable |
2021 £ 8,853 8,853 |
2020 £ 19,200 19,200 |
|---|---|---|
10 Lease commitments
The charity has a 25 year lease on the Leisure Centre from Havercroft and Ryhill parish councils which ends on 27th May 2040. The annual rent is £1.
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Rycroft Leisure
Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2021
| 2021 2020 Unrestricted Unrestricted funds funds £ £ Income Grants and donations 68,717 36,397 Sales and fees 43,110 35,080 Other income - 1,447 Total income 111,827 72,924 Expenditure Salaries and NIC 38,825 43,733 Mileage 352 1,592 Printing, postage and stationery 894 - Insurance 6,742 7,304 Legal and professional 5,245 1,986 Repairs and maintenance 13,505 29,113 Activity costs 6,523 2,961 Training - 228 Advertising 35 977 Accountancy and independent exam 1,818 990 Computers and IT 120 670 Utilities 888 10,771 Equipment 155 1,434 Donation - 250 Bank charges 369 553 New football pitch cost - 354 Multi-use pitch cost - 2,684 Miscellaneous expenses 574 94 Partner payments 804 - Depreciation 11,033 6,648 Total expenditure 87,882 112,342 Net income / (expenditure) 23,945 (39,418) Transfers between funds 4,246 4,357 Net movement in funds 28,191 (35,061) Fund balances brought forward 84,288 119,349 Fund balances carried forward 112,479 84,288 |
2021 Restricted funds £ 252,947 - - 252,947 91,274 - - - - 28,000 8,643 - - - 483 9,768 - - - - - - 11,039 - 149,207 103,740 (4,246) 99,494 98,338 197,832 |
2020 Restricted funds £ 167,190 - - 167,190 78,344 - 446 - - - 6,635 525 1,799 - 2,653 - 1,045 - - 2,578 - - 18,938 - 112,963 54,227 (4,357) 49,870 48,468 98,338 |
2021 Total funds £ 321,664 43,110 - 364,774 130,099 352 894 6,742 5,245 41,505 15,166 - 35 1,818 603 10,656 155 - 369 - - 574 11,843 11,033 237,089 127,685 - 127,685 182,626 310,311 |
2020 Total funds £ 203,587 35,080 1,447 240,114 122,077 1,592 446 7,304 1,986 29,113 9,596 753 2,776 990 3,323 10,771 2,479 250 553 2,932 2,684 94 18,938 6,648 225,305 14,809 - 14,809 167,817 182,626 |
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