## 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**
1
## 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.
2
## 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)
3
## 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
- 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
4
## 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.
5
## 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)
6
## 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.
7
## 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.
8
## 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|
9
## 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
10
## 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|
|---|---|---|
11
## 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.
12
## 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|
|---|---|---|---|---|
13