Rycroft Leisure
Charity number 1157830
Annual Report and Financial Statements
for the year ended 31 March 2022
Rycroft Leisure
Annual Report and Financial Statements for the year ended 31 March 2022
| 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 Accountancy Service CIO
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Rycroft Leisure
Trustees' report for the year ended 31 March 2022
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 Ward Richards Chair Malcolm Scott Vice-chair Gloria Booth Ryan Cotton Dave Taylor Gill Partington Angie Morley Appointed 13 October 2022 Karen Fretwell
Appointed 13 October 2022 Appointed 13 October 2022
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 Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is a Charitable Incorporated Organisation (CIO) foundation 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 2022
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
The organisation emerged from the difficult conditions during the pandemic and has continued to offer our community social support and a venue for leisure activities.
Financial review
The net income for the year was £12,178, including net income of £4,932 on unrestricted funds and net income of £7,246 on restricted funds after transfers.
Reserves policy
The charity's free reserves, excluding fixed assets, at the year end were £96,296.
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.
Approved by the board of trustees on 15/12/2022
Ward Richards (Trustee)
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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 2022, 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
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:
-
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
19/12/2022
West Yorkshire Community Accountancy Service CIO
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 2022
| Notes 2022 Unrestricted funds £ Income from: Grants and donations (2) 53,982 Sales and fees 30,608 Other income 995 Total income 85,585 Expenditure on: Salaries and NIC (3) 69,739 Mileage 225 Printing, postage and stationery 76 Insurance 5,297 Legal and professional 1,139 Repairs and maintenance 3,395 Activity costs 1,707 Training 110 Advertising - Accountancy and independent examination 1,080 Computers and IT 513 Utilities 1,909 Equipment 28 Donation 20 Bank charges 278 Miscellaneous expenses - Partner payments - Depreciation 12,534 Total expenditure 98,050 Net income / (expenditure) (12,465) Transfers between funds 17,397 Net movement in funds 4,932 Fund balances brought forward 112,479 Fund balances carried forward (4) 117,411 |
2022 Restricted funds £ 160,831 1,089 - 161,920 75,572 416 673 - 228 1,896 37,838 500 - - 1,044 8,746 895 - - - 9,469 - 137,277 24,643 (17,397) 7,246 197,832 205,078 |
2022 Total funds £ 214,813 31,697 995 247,505 145,311 641 749 5,297 1,367 5,291 39,545 610 - 1,080 1,557 10,655 923 20 278 - 9,469 12,534 235,327 12,178 - 12,178 310,311 322,489 |
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 |
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
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Rycroft Leisure
Balance sheet
| as at 31 March 2022 2022 Unrestricted £ Fixed assets Tangible assets (5) 21,115 Total fixed assets 21,115 Current assets Debtors and prepayments (6) 12,170 Cash at bank and in hand (7) 87,913 Total current assets 100,083 Current liabilities: amounts falling due within one year Creditors and accruals (8) 3,787 Total current liabilities 3,787 Net current assets / (liabilities) 96,296 Net assets 117,411 Funds Unrestricted funds 117,411 Restricted funds - Total funds 117,411 |
2022 Restricted £ - - 4,328 201,279 205,607 529 529 205,078 205,078 - 205,078 205,078 |
2022 Total £ 21,115 21,115 16,498 289,192 305,690 4,316 4,316 301,374 322,489 117,411 205,078 322,489 |
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 |
|---|---|---|---|
The financial statements were approved by the board of trustees on 15/12/2022
Ward Richards (Trustee)
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Rycroft Leisure Notes to the accounts
for the year ended 31 March 2022
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. No changes have been made to the accounts for previous years.
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: Outside improvements: over 10 years Machinery and equipment: over 4 years
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.
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Rycroft Leisure
Notes to the accounts
for the year ended 31 March 2022
1 Accounting policies continued
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
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 2022
| 2 Grants and donations Active Inspired Better Connect Community Navigators District Councillors Havercroft Parish Council Henry Moore HMRC - JRS Nova Ryhill Parish Council Tesco WMDC Young Carers Young Lives Consortium Barnados Charities Aid Foundation (CAF) Leeds Community Foundation Lottery - Reaching Communities Sported WMDC - Big Feed WMDC - Our family our future Yorkshire Sport Other donations 3 Staff costs and numbers Gross salaries Social security costs Pensions |
2022 Unrestricted funds £ - - - - 15,228 - - - 15,228 - 23,500 - - - - - - - - - - 26 53,982 |
2022 Restricted funds £ 16,204 20,783 19,593 1,968 - 315 357 16,953 - 1,000 73,766 7,492 2,400 - - - - - - - - - 160,831 |
2022 Total funds £ 16,204 20,783 19,593 1,968 15,228 315 357 16,953 15,228 1,000 97,266 7,492 2,400 - - - - - - - - 26 214,813 2022 £ 133,925 9,272 2,114 145,311 |
2021 Total funds £ 16,204 - 19,585 - 11,406 - - 34,491 11,289 - 92,520 7,492 - 1,888 20,280 9,964 56,802 2,000 5,000 24,463 5,280 3,000 321,664 2021 £ 120,694 7,526 1,879 130,099 |
|---|---|---|---|---|
The average number of employees during the year was 7.2, being an average of 5.3 full time equivalent (2021: 7.7, 4.7 FTE). There were no employees with emoluments above £60,000.
| Defined contribution pension scheme | 2022 | 2021 |
|---|---|---|
| £ | £ | |
| Costs of the scheme to the charity for the year | 2,114 | 1,879 |
| Amount of any contributions outstanding at the year end | 399 | 159 |
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Rycroft Leisure
Notes to the accounts continued for the year ended 31 March 2022
| 4 Restricted funds Balance b/f £ Community Navigators 18,817 Lottery Reaching Communities 28,391 Awards 4 All 3,949 Tesco 2,000 Active Inspired 38,325 Sir George Martin Trust 370 WMDC Connecting Communities 44,579 Young Carers 1,835 Unite 300 Our family our future 23,748 Barnados crisis fund 776 Big Feed 4,518 CAF 6,951 CLLD Objective 1 1,822 CLLD Objective 3 188 CLLD Objective 5 5,311 Leeds Community Foundation 3,027 Hampers 708 Live well 7,137 Sported 2,000 Youth 3,080 Capital grant programme - Henry Moore - Not round here project - HAFF summer - HAFF winter - HHH20/22 - Kickstart - Neighbourhood Improvement Fund - HMRC JRS - Tesco Groundwork 197,832 |
Incoming £ 19,593 - - - 16,204 - 48,500 7,492 - - - - - - 2,645 15,397 - - - - 122 4,790 315 2,278 7,060 7,220 6,196 20,783 1,968 357 1,000 161,920 |
Outgoing £ 13,879 24,776 675 - 16,124 - 38,241 1,003 - 1,954 - 266 - - 2,622 9,333 2,411 - 422 - 1,303 228 - 434 3,318 3,787 - 16,144 - 357 - 137,277 |
Transfers £ - (1,494) - - - - - - - - - - (6,702) - - - - - - - - (4,562) - - - - - (4,639) - - - (17,397) |
Balance c/f £ 24,531 2,121 3,274 2,000 38,405 370 54,838 8,324 300 21,794 776 4,252 249 1,822 211 11,375 616 708 6,715 2,000 1,899 - 315 1,844 3,742 3,433 6,196 - 1,968 - 1,000 205,078 |
|---|---|---|---|---|
Fund name
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
Purpose of restriction
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. Towards costs for running over 55's groups. 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
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Rycroft Leisure
Notes to the accounts continued for the year ended 31 March 2022
4 Restricted funds (continued)
Purpose of restriction
Fund name CAF
Resilience fund for staff costs, entry access system, meal delivery to the elderly and volunteer costs. The transfer relates to the cost of the entry barrier capitalised.
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. Resilience fund
CLLD Objective 1 CLLD Objective 3 CLLD Objective 5
Leeds Community Foundation Hampers Live well Sported
To provide Christmas hampers.
For equipment and resources to restart the Young@Heart group and Support to run groups whilst navigating Covid-19 guidelines including additional equipment, cost of cleaning equipment and advertising and signage.
Emotional and wellbeing grant fund.
Youth
Capital grant programme Henry Moore Towards the Park Project. Not round here project For criminal exploitation work. HAFF summer Towards summer activities. HAFF winter Towards activities over Christmas. HHH20/22 Towards the Happy Healthy Holidays project. Kickstart
Concrete base and outside area. The transfer relate to items capitalised. Towards the Park Project.
The Kickstart apprentice scheme. The transfer relates to the cost of staff time to mentor and train participants.
Neighbourhood Improvement Fund Towards the Young at Heath group and the Youth club. HMRC JRS The HMRC job retention scheme. Tesco Groundwork For the Youth Club.
5 Tangible assets
Cost
At 1 April 2021 Additions At 31 March 2022
Depreciation
At 1 April 2021 Charge for year At 31 March 2022
Net book value
At 31 March 2022 At 31 March 2021
| £ - 11,264 11,264 - 1,126 1,126 10,138 - Outside improvements |
£ 44,131 1,494 45,625 23,240 11,408 34,648 10,977 20,891 Machinery and |
Total £ 44,131 12,758 56,889 23,240 12,534 35,774 21,115 20,891 |
|---|---|---|
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Rycroft Leisure
Notes to the accounts continued
for the year ended 31 March 2022
| 6 Debtors and prepayments Debtors Amounts owed by subsidiary company Prepayments Accrued income 7 Cash at bank and in hand Cash at bank Cash in hand 8 Creditors and accruals Creditors Accruals Taxation and social security Other creditors |
2022 £ 730 11,035 - 4,733 16,498 2022 £ 289,141 51 289,192 2022 £ 701 1,080 2,136 399 4,316 |
2021 £ - 8,853 8,819 - 17,672 2021 £ 275,391 - 275,391 2021 £ 888 990 1,393 372 3,643 |
|---|---|---|
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 Manager and Finance Officer. The total employee benefits received were £83,233 (previous year: £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 |
2022 £ 11,035 11,035 |
2021 £ 8,853 8,853 |
|---|---|---|
10 Operating leases
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 2022
| 2022 2021 Unrestricted Unrestricted funds funds £ £ Income Grants and donations 53,982 68,717 Sales and fees 30,608 43,110 995 - Total income 85,585 111,827 Expenditure Salaries and NIC 69,739 38,825 Mileage 225 352 Printing, postage and stationery 76 894 Insurance 5,297 6,742 Legal and professional 1,139 5,245 Repairs and maintenance 3,395 13,505 Activity costs 1,707 6,523 Training 110 - Advertising - 35 Accountancy and independent exam 1,080 1,818 Computers and IT 513 120 Utilities 1,909 888 Equipment 28 155 Donation 20 - Bank charges 278 369 Miscellaneous expenses - 574 Partner payments - 804 Depreciation 12,534 11,033 Total expenditure 98,050 87,882 Net income / (expenditure) (12,465) 23,945 Transfers between funds 17,397 4,246 Net movement in funds 4,932 28,191 Fund balances brought forward 112,479 84,288 Fund balances carried forward 117,411 112,479 |
2022 Restricted funds £ 160,831 1,089 - 161,920 75,572 416 673 - 228 1,896 37,838 500 - - 1,044 8,746 895 - - - 9,469 - 137,277 24,643 (17,397) 7,246 197,832 205,078 |
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 |
2022 Total funds £ 214,813 31,697 995 247,505 145,311 641 749 5,297 1,367 5,291 39,545 610 - 1,080 1,557 10,655 923 20 278 - 9,469 12,534 235,327 12,178 - 12,178 310,311 322,489 |
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 |
|---|---|---|---|---|
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