## Rycroft Leisure
Charity number 1157830
## Annual Report and Financial Statements
for the year ended 31 March 2023
## Rycroft Leisure
Annual Report and Financial Statements for the year ended 31 March 2023
|**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 2023
## **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** Ward Richards Chair Malcolm Scott Vice-chair Dave Taylor Gill Partington Angie Morley Karen Fretwell Gloria Booth Ryan Cotton Carol Young Lisa Booth
Resigned 07 December 2022 Appointed 13 October 2022 Appointed 13 October 2022 Resigned 15 July 2023 Resigned 15 July 2023 Appointed 15 June 2023 Appointed 15 June 2023
## **Charity number**
1157830
Registered in England and Wales
**Registered and principal address Bankers** The Sports & Youth Centre Unity Trust Bank Mulberry Avenue PO Box 7193 Ryhill Planetary Road Wakefield Willenhall WF4 2BB WV1 9DG
## **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 2023
## **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 charity continues to recover from the impact of the pandemic. Activities are gradually increasing and new initiatives are being encouraged (soccer camps and cycling).
The Youth Centre secured a further three year funding grant from the National Lottery. The Youth Club has 50/60 attendees on the two nights a week it opens and also runs successful holiday camps during school holidays and half terms.
Income from the Trading operations has improved but fixed term contracts for utilities come up for renewal in 2023 and these will have a significant impact on the overall performance of the charity.
## **Financial review**
The net income for the year was £118,997, including net income of £66,723 on unrestricted funds and net income of £52,274 on restricted funds after transfers.
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 no material uncertainties exist that cast significant doubt on the charity's ability to meet its liabilities as they fall due.
## **Reserves policy**
The charity's free reserves, excluding fixed assets, at the year end were £155,564.
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.
Reserves have been increased in response to our gas and electricity term contracts becoming due for renewal during the next eighteen months and substantial increases being negotiated.
Approved by the board of trustees on 16/11/2023
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 2023, 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 fellow 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 fellow 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:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; or
- 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
28/11/2023
## **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 2023
|Notes
2023
Unrestricted
funds
£
**Income from:**
Grants and donations
(2)
50,446
Sales and fees
34,240
Other income
2,800
**Total income**
87,486
**Expenditure on:**
Salaries and NIC
(3)
29,258
Mileage
205
Printing, postage and stationery
618
Insurance
5,983
Legal and professional
1,135
Repairs and maintenance
10,560
Activity costs
2,723
Training
31
Advertising
156
Accountancy and independent examination
1,920
Computers and IT
55
Utilities
-
Equipment
103
Donation
35
Bank charges
355
Miscellaneous expenses
692
Partner payments
-
Depreciation
9,845
Grant repaid
-
**Total expenditure**
63,674
**Net income**
23,812
**Transfers between funds**
(4)
42,911
**Net movement in funds**
66,723
**Fund balances brought forward**
117,411
**Fund balances carried forward**
(4)
184,134|2023
Restricted
funds
£
259,719
-
-
259,719
89,479
419
518
-
-
4,162
43,417
1,404
-
-
3,942
10,760
423
-
10
-
-
-
10,000
164,534
95,185
(42,911)
52,274
205,078
257,352|2023
Total
funds
£
310,165
34,240
2,800
347,205
118,737
624
1,136
5,983
1,135
14,722
46,140
1,435
156
1,920
3,997
10,760
526
35
365
692
-
9,845
10,000
228,208
118,997
-
118,997
322,489
441,486|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|
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
5
## Rycroft Leisure
## Balance sheet
|as at 31 March 2023
2023
Unrestricted
£
**Fixed assets**
Tangible assets
(5)
28,570
**Total fixed assets**
28,570
**Current assets**
Debtors and prepayments
(6)
30,539
Cash at bank and in hand
(7)
130,863
**Total current assets**
161,402
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(8)
5,838
**Total current liabilities**
5,838
**Net current assets**
155,564
**Net assets**
184,134
**Funds**
Unrestricted funds
184,134
Restricted funds
-
**Total funds**
184,134|2023
Restricted
£
-
-
-
260,483
260,483
3,131
3,131
257,352
257,352
-
257,352
257,352|2023
Total
£
28,570
28,570
30,539
391,346
421,885
8,969
8,969
412,916
441,486
184,134
257,352
441,486|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|
|---|---|---|---|
The financial statements were approved by the board of trustees on 16/11/2023
Ward Richards (Trustee)
6
## Rycroft Leisure
## Notes to the accounts
## for the year ended 31 March 2023
## **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, if 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.
## **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.
7
## Rycroft Leisure
## Notes to the accounts continued
## for the year ended 31 March 2023
## **1 Accounting policies (continued) 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.
|**2 Grants and donations**
Age UK Wakefield District
Better Connect
British Triathlon
Conexus Healthcare Limited
Havercroft Parish Council
Ryhill Parish Council
The National Lottery
The Neighbourly Foundation
Unite West Yorkshire
Wakefield District Health & Care Partnership
Wakefield Metropolitan District Council
Young Lives Consortium
Active Inspired
Community Navigators
District Councillors
Henry Moore
HMRC - JRS
Nova
Tesco
Young Carers
Other donations
**3 Staff costs and numbers**
Gross salaries
Social security costs
Pensions|2023
Unrestricted
funds
£
-
-
-
-
22,842
24,190
-
-
-
-
-
-
-
-
-
-
-
-
-
-
3,414
50,446|2023
Restricted
funds
£
11,250
14,099
4,500
84,823
-
-
48,618
1,500
500
5,500
51,296
37,633
-
-
-
-
-
-
-
-
259,719|2023
Total
funds
£
11,250
14,099
4,500
84,823
22,842
24,190
48,618
1,500
500
5,500
51,296
37,633
-
-
-
-
-
-
-
-
3,414
310,165
2023
£
108,909
7,998
1,830
118,737|2022
Total
funds
£
-
20,783
-
-
15,228
15,228
-
-
-
-
97,266
2,400
16,204
19,593
1,968
315
357
16,953
1,000
7,492
26
214,813
2022
£
133,925
9,272
2,114
145,311|
|---|---|---|---|---|
The average number of employees during the year was 5.5, being an average of 4.3 full time equivalent (2022: 7.2, 5.3 FTE). There were no employees with emoluments above £60,000.
|**Defined contribution pension scheme**|2023|2022|
|---|---|---|
||£|£|
|Costs of the scheme to the charity for the year|1,830|2,114|
|Amount of any contributions outstanding at the year end|-|399|
8
## Rycroft Leisure
## Notes to the accounts continued
## for the year ended 31 March 2023
|**4 Restricted funds**
Neighbourly Fund
Active and Inspired
Age UK
Awards For All
Barnardo's Crisis Fund
BIG FEED
CAF
CLLD Objective 1
CLLD Objective 5
CLLD Objective 3
Community Navigators
Connecting Communities
Emergency Funding WMDC
FIM-Young Carers
HAFF -2022
HAFF -23
Haff-Winter Fund
Hampers
Henry Moore
HHH 20/22
Kickstart
Leeds Com (LCF)
LIVE Well
Lottery Funding
Neighbourhood Imp. Fund (NIF)
Not round here Project
Our Family Our Future
Prosper Together Fund
RC Yorkshire and Humber Reg.
Lottery Reaching Communities
SELPH
Sported
St Georges (Park )
Tesco
Tesco(Groundwork)
Triathlon - Cycles
Unite - Period Poverty
Wakefield Council Project
Y Lives-Van Funding
Youth Club|Balance b/f
£
-
38,405
-
3,274
776
4,252
249
1,822
11,375
211
24,531
54,838
-
8,324
3,742
-
3,433
708
315
6,196
-
616
6,715
-
1,968
1,844
21,794
-
-
2,121
-
2,000
370
2,000
1,000
-
300
-
-
1,899
205,078|Incoming
£
1,500
1,000
11,250
-
-
-
-
-
-
-
19,585
-
7,225
-
28,695
4,878
-
-
-
-
14,099
-
-
10,000
-
-
-
5,500
38,618
-
84,823
-
-
-
-
4,500
500
9,498
18,048
-
259,719|Outgoing
£
-
14,642
-
-
30
85
249
-
2,098
211
5,368
22,295
7,225
773
1,344
1,576
-
205
-
2,472
14,099
616
441
10,000
-
350
21,794
4,680
13,142
2,121
28,991
86
-
738
-
474
162
(1,053)
7,421
1,899
164,534|Transfers
£
-
-
-
-
-
-
-
-
-
-
(27,000)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(500)
-
-
-
-
-
(1,262)
(1,000)
(2,598)
-
(10,551)
-
-
(42,911)|Balance c/f
£
1,500
24,763
11,250
3,274
746
4,167
-
1,822
9,277
-
11,748
32,543
-
7,551
31,093
3,302
3,433
503
315
3,724
-
-
6,274
-
1,968
1,494
-
320
25,476
-
55,832
1,914
370
-
-
1,428
638
-
10,627
-
257,352|
|---|---|---|---|---|---|
## **Fund name**
Neighbourly Fund Active and Inspired Age UK
Awards For All Barnardo's Crisis Fund BIG FEED
## **Purpose of restriction**
For food/food parcels/ entertainment, storage, equipment and cleaning. Towards sports activities.
To work with hospital discharges and engage in community to stop re admissions.
Towards youth activities. Tailored support for families and young people in crisis. The Big Feed Hot Food Provision.
9
## Rycroft Leisure
## Notes to the accounts continued
## for the year ended 31 March 2023
## **4 Restricted funds (continued)**
## **Purpose of restriction**
**Fund name** CAF
|**Restricted funds (continued)**
**Fund name**|**Purpose of restriction**|
|---|---|
|CAF|Resilience fund for staff costs, entry access system, meal delivery to the|
||elderly and volunteer costs.|
|CLLD Objective 1|Building powerful communities capital grant.|
|CLLD Objective 5|To bring new and innovative solutions to long term issues identified by the|
||People Enabling Area Transformation project.|
|CLLD Objective 3|Towards helping adults in the community gain employment.|
|Community Navigators|Towards wages, mileage, equipment for mental health and community|
||keyworker. The transfer relates to moving costs to unrestricted funds for|
||hosting fees, monthly room hire and admin costs for 5 years.|
|Connecting Communities|Towards costs for running over 55's groups.|
|Emergency Funding WMDC|To enable Youth centre to stay open.|
|FIM-Young Carers|A 1 year pilot scheme for under 10's.|
|HAFF -2022|Towards summer activities.|
|HAFF -23|Towards holiday activities|
|Haff-Winter Fund|Towards activities over Christmas.|
|Hampers|To provide Christmas hampers.|
|Henry Moore|Towards the Park Project.|
|HHH 20/22|Towards the Happy Healthy Holidays project.|
|Kickstart|The Kickstart apprentice scheme.|
|Leeds Com (LCF)|Resilience fund|
|LIVE Well|For equipment and resources to restart the Young@Heart group and provide|
||activity packs for members of the young peoples groups.|
|Lottery Funding|This was for a Mini bus, but the grant money was returned to the funder after|
||deciding we would not require a minibus.|
|Neighbourhood Imp. Fund (NIF)|Towards the Young@Heart group and the Youth club.|
|Not round here Project|For criminal exploitation work.|
|Our Family Our Future|Towards a Community Development worker and an apprentice sports|
||development worker.|
|Prosper Together Fund|Support Households who need the support, 10% of funds for admin,|
||management and reporting . Transfer relates to allocating funds to|
||management costs.|
|RC Yorkshire and Humber Reg.|Towards youth and community activities|
|Lottery Reaching Communities|Towards youth activities, wages, organisational development and equipment.|
|SELPH|To support young people age 16 – 24 year olds who are at risk of developing|
||long term mental illness.|
|Sported|Support to run groups whilst navigating Covid-19 guidelines including|
||additional equipment, cost of cleaning equipment and advertising and signage.|
|St Georges (Park )|Towards the Park Project.|
|Tesco|Towards youth activities.|
||The transfer is to move the fund to unrestricted as it was a donation for youth|
||activities which are unrestricted in nature.|
|Tesco(Groundwork)|For the Youth Club.|
||The transfer is to move the fund to unrestricted as it was a donation for youth|
||activities which are unrestricted in nature.|
|Triathlon - Cycles|Towards maintenance and to purchase parts for the cycles. The transfer|
||relates to moving costs to unrestricted funds as the cycles were bought from|
||this fund will be for the general use of the charity.|
|Unite - Period Poverty|Towards period poverty.|
10
## Rycroft Leisure
## Notes to the accounts continued
## for the year ended 31 March 2023
## **4 Restricted funds (continued)**
**Fund name Purpose of restriction**
Wakefield Council Project
Y Lives-Van Funding Youth Club
Towards the Wakefield council project. The transfer relates to moving fixed asset costs to unrestricted funds that were bought from this fund that will be for the general use of the charity.
To go into areas delivering youth work where there is no youth provision. Emotional and wellbeing grant fund.
|**5 **
**6 **
**7 **
**8 **|**Tangible assets**
**Cost**
At 1 April 2022
Additions
Disposals
At 31 March 2023
**Depreciation**
At 1 April 2022
Depn reversed re. disposals
Charge for year
At 31 March 2023
**Net book value**
At 31 March 2023
At 31 March 2022
**Debtors and prepayments**
Debtors
Amounts owed by subsidiary company
Accrued income
**Cash at bank and in hand**
Cash at bank
Cash in hand
**Creditors and accruals**
Creditors
Accruals
Taxation and social security
Other creditors|£
11,264
8,737
-
20,001
1,126
-
2,000
3,126
16,875
10,138
Outside
improvements|£
45,625
9,141
(1,158)
53,608
34,648
(580)
7,845
41,913
11,695
10,977
2023
£
16,704
11,035
2,800
30,539
2023
£
390,792
554
391,346
2023
£
-
5,741
3,168
60
8,969
Machinery
and
Equipment|Total
£
56,889
17,878
(1,158)
73,609
35,774
(580)
9,845
45,039
28,570
21,115
2022
£
730
11,035
4,733
16,498
2022
£
289,141
51
289,192
2022
£
701
1,080
2,136
399
4,316|
|---|---|---|---|---|
11
## Rycroft Leisure
## Notes to the accounts continued
## for the year ended 31 March 2023
## **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 total employee benefits received by key management personnel were £65,264 (previous year: £83,233).
## **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
**Other transactions with trading subsidiary**
**Payments to Rycroft Trading CIC**
Utilities
Activity costs
Loan interest
**Income from Rycroft Trading CIC**|2023
£
11,035
11,035
2023
£
2,800
£
10,656
2,752
13,408|2022
£
11,035
11,035
2022
£
-
£
10,655
184
10,839|
|---|---|---|
## **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.
|**11 **|**Funds held as agent**|Balance|b/f
Incoming
Outgoing
Balance c/f|
|---|---|---|---|
||Rugby club fund||£
£
£
£
-
1,000
1,000
-|
||||-
1,000
1,000
-|
||**Fund name**|**Additional information**||
||Rugby club fund|A grant was received in to our bank account and it was then transferred to||
|||the Rugby club during the year.||
12
## Rycroft Leisure
## Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2023
|2023
2022
Unrestricted Unrestricted
funds
funds
£
£
**Income**
Grants and donations
50,446
53,982
Sales and fees
34,240
30,608
Other income
2,800
995
**Total income**
87,486
85,585
**Expenditure**
Salaries and NIC
29,258
69,739
Mileage
205
225
Printing, postage and stationery
618
76
Insurance
5,983
5,297
Legal and professional
1,135
1,139
Repairs and maintenance
10,560
3,395
Activity costs
2,723
1,707
Training
31
110
Advertising
156
-
Accountancy and independent exam
1,920
1,080
Computers and IT
55
513
Utilities
-
1,909
Equipment
103
28
Donation
35
20
Bank charges
355
278
Miscellaneous expenses
692
-
Partner payments
-
-
Depreciation
9,845
12,534
Grant repaid
-
-
**Total expenditure**
63,674
98,050
**Net income / (expenditure)**
23,812
(12,465)
**Transfers between funds**
42,911
17,397
**Net movement in funds**
66,723
4,932
**Fund balances brought forward**
117,411
112,479
**Fund balances carried forward**
184,134
117,411|2023
Restricted
funds
£
259,719
-
-
259,719
89,479
419
518
-
-
4,162
43,417
1,404
-
-
3,942
10,760
423
-
10
-
-
-
10,000
164,534
95,185
(42,911)
52,274
205,078
257,352|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|2023
Total
funds
£
310,165
34,240
2,800
347,205
118,737
624
1,136
5,983
1,135
14,722
46,140
1,435
156
1,920
3,997
10,760
526
35
365
692
-
9,845
10,000
228,208
118,997
-
118,997
322,489
441,486|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|
|---|---|---|---|---|
13