## Rycroft Leisure
Charity number 1157830
## Annual Report and Financial Statements
for the year ended 31 March 2024
## Rycroft Leisure
## Annual Report and Financial Statements for the year ended 31 March 2024
|**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 2024
## **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** Ward Richards Chair Malcolm Scott Vice-chair Dave Taylor Angie Morley Karen Fretwell Gloria Booth Ryan Cotton Carol Young Lisa Booth Paul Stockhill
Resigned 31 March 2024
Resigned 10 July 2024 Resigned 15 July 2023 Resigned 15 July 2023 Appointed 15 June 2023 Appointed 15 June 2023 Appointed 21 September 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.
2
## Rycroft Leisure
## Trustees' report (continued) for the year ended 31 March 2024
## **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.
## **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**
After our organisation went through difficult times during the pandemic but we have continued to offer our community social support and a venue for leisure activities which is showing a vast improvement.
## **Financial review**
The net income for the year was £6,874, including net income of £64,153 on unrestricted funds and net expenditure of £57,279 on restricted funds after transfers.
## **Reserves policy**
The charity's free reserves, excluding fixed assets, at the year end were £235,799.
We aim to maintain reserves of between 3 and 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 cease.
Approved by the board of trustees on 27/01/2025
Angela Morley (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 2024, 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; 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
29/01/2025
## **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 2024
|Notes
**Income from:**
Grants and donations
(2)
Sales and fees
Other income
**Total income**
**Expenditure on:**
Salaries and NIC
(3)
Mileage
Printing, postage and stationery
Insurance and licences
Legal and professional
Repairs and maintenance
Activity costs
Training
Independent examination
Computers and IT
Utilities
Equipment
Bank charges
Miscellaneous expenses
Depreciation
Grant repaid
**Total expenditure**
**Net income**
**Transfers between funds**
**Net movement in funds**
**Fund balances brought forward**
**Fund balances carried forward**
(4)|2024
Unrestricted
funds
£
30,114
146,644
660
177,418
78,867
-
1,747
6,250
660
23,994
8,755
500
2,310
3,387
-
523
296
723
14,155
-
142,167
35,251
28,902
64,153
239,966
304,119|2024
Restricted
funds
£
164,075
3,333
-
167,408
91,074
-
575
1,756
1,308
15,561
70,329
1,811
-
755
11,278
1,003
21
314
-
-
195,785
(28,377)
(28,902)
(57,279)
201,520
144,241|2024
Total
funds
£
194,189
149,977
660
344,826
169,941
-
2,322
8,006
1,968
39,555
79,084
2,311
2,310
4,142
11,278
1,526
317
1,037
14,155
-
337,952
6,874
-
6,874
441,486
448,360|Restated
2023
Total
funds
£
225,342
119,063
2,800
347,205
118,737
624
1,136
5,983
1,135
14,722
46,140
1,435
1,920
3,997
10,760
526
365
883
9,845
10,000
228,208
118,997
-
118,997
322,489
441,486|
|---|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
5
## Rycroft Leisure
## Balance sheet
## as at 31 March 2024
|2024
Unrestricted
£
**Fixed assets**
Tangible assets
(5)
68,320
**Total fixed assets**
68,320
**Current assets**
Debtors and prepayments
(6)
11,279
Cash at bank and in hand
(7)
241,354
**Total current assets**
252,633
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(8)
16,834
**Total current liabilities**
16,834
**Net current assets**
235,799
**Net assets**
304,119
**Funds**
Unrestricted funds
304,119
Restricted funds
-
**Total funds**
304,119|2024
Restricted
£
-
-
-
144,241
144,241
-
-
144,241
144,241
-
144,241
144,241|2024
Total
£
68,320
68,320
11,279
385,595
396,874
16,834
16,834
380,040
448,360
304,119
144,241
448,360|Restated
2023
Total
£
28,570
28,570
30,539
391,346
421,885
8,969
8,969
412,916
441,486
239,966
201,520
441,486|
|---|---|---|---|
The financial statements were approved by the board of trustees on 27/01/2025
Angela Morley (Trustee)
6
Notes to the accounts
## Rycroft Leisure
## for the year ended 31 March 2024
## **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 accounts for the previous year have been restated as contract income had been treated as a restricted grant.
## **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.
## **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.
7
## Rycroft Leisure
## Notes to the accounts continued
## for the year ended 31 March 2024
|**2 Grants and donations**
Age UK Wakefield District
Havercroft Parish Council
Loft Insulation
Prosper Together
Ryhill Parish Council
The National Lottery
Wakefield Metropolitan District Council
Better Connect
British Triathlon
The Neighbourly Foundation
Unite West Yorkshire
Wakefield District Health & Care Partnership
Young Lives Consortium
Donation from Rycroft Trading CIC
Other donations
**3 Staff costs and numbers**
Gross salaries
Social security costs
Pensions|2024
Unrestricted
funds
£
-
7,500
-
-
7,614
-
-
-
-
-
-
-
-
15,000
-
30,114|2024
Restricted
funds
£
45,000
-
500
5,175
-
91,052
22,348
-
-
-
-
-
-
-
-
164,075|2024
Total
funds
£
45,000
7,500
500
5,175
7,614
91,052
22,348
-
-
-
-
-
-
15,000
-
194,189
2024
£
155,132
11,837
2,972
169,941|Restated
2023
Total
funds
£
11,250
22,842
-
-
24,190
48,618
51,296
14,099
4,500
1,500
500
5,500
37,633
-
3,414
225,342
2023
£
108,909
7,998
1,830
118,737|
|---|---|---|---|---|
The average number of employees during the year was 7.4, being an average of 5.4 full time equivalent (2023: 5.5, 4.3 FTE). There were no employees with emoluments above £60,000.
|**Defined contribution pension scheme**|2024|2023|
|---|---|---|
||£|£|
|Costs of the scheme to the charity for the year|2,972|1,830|
8
## Rycroft Leisure
## Notes to the accounts continued for the year ended 31 March 2024
|**4 Restricted funds**
Balance b/f
£
Active and Inspired
24,763
Age UK
11,250
Awards For All
3,274
Barnardos Crisis Fund
746
BIG FEED
4,167
CLLD Ob 1
1,822
CLLD Ob 5
9,277
Community Navigator
11,748
Connecting Communities
32,543
FIM-Young Carers
7,551
HAFF -2022
31,093
HAFF -23
3,302
HAFF 2024
-
Haff-Winter Fund
3,433
Hampers
503
Henry Moore
315
HHH 20/22
3,724
LIVE Well
6,274
Loft Insulation
-
Neighbourly
1,500
Neighbourhood Imp. Fund (NIF)
1,968
Not round here Project
1,494
Prosper Together Fund
320
RC Yorkshire and Humber Region
25,476
Sported
1,914
St Georges (Park )
370
Triathlon - Cycles
1,428
Unite - Period Poverty
638
Y Lives-Van Funding
10,627
Young@Heart
-
201,520|Incoming
£
-
45,000
-
-
-
99
-
-
-
-
-
14,411
3,347
4,590
-
-
-
-
500
-
-
-
5,175
91,052
-
-
3,234
-
-
-
167,408|Outgoing
£
6,883
14,207
-
-
968
1,921
4,867
466
12,638
973
26,693
16,076
1,124
595
503
-
3,724
434
500
1,500
-
-
799
84,586
1,914
-
2,344
75
10,627
1,368
195,785|Transfers
£
(10,000)
(10,050)
-
-
-
-
-
-
(5,000)
-
(4,400)
-
-
-
-
(315)
-
-
-
-
-
-
-
(3,767)
-
(370)
-
-
-
5,000
(28,902)|Balance c/f
£
7,880
31,993
3,274
746
3,199
-
4,410
11,282
14,905
6,578
-
1,637
2,223
7,428
-
-
-
5,840
-
-
1,968
1,494
4,696
28,175
-
-
2,318
563
-
3,632
144,241|
|---|---|---|---|---|
**Fund name** Active and Inspired
Age UK
Awards For All Barnardos Crisis Fund BIG FEED CLLD Ob 1 CLLD Ob 5
Community Navigator
Connecting Communities
FIM-Young Carers
## **Purpose of restriction**
Towards sports activities. The transfer relates to the cost of playground equipment capitalised and moved to unrestricted.
To work with hospital discharges and engage in community to stop readmissions. The transfer relates to allocating funds to management costs and room hire.
Towards youth activities. Tailored support for families and young people in crisis. The Big Feed Hot Food Provision. Building powerful communities capital grant.
To bring new and innovative solutions to long term issues identified by the People Enabling Area Transformation project.
Towards wages, mileage, equipment for mental health and community keyworker.
Towards costs for running over 55's groups. The transfer relates to funds moved to the Young@Heart fund to support activities for elderly groups. A 1 year pilot scheme for under 10's.
9
## Rycroft Leisure
## Notes to the accounts continued for the year ended 31 March 2024
## **4 Restricted funds (continued)**
**Fund name** HAFF -2022
HAFF -23 HAFF 2024 Haff-Winter Fund Hampers Henry Moore
HHH 20/22 LIVE Well
Loft Insulation Neighbourly Neighbourhood Imp. Fund (NIF) Not round here Project Prosper Together Fund RC Yorkshire and Humber Region
Sported
St Georges (Park )
Triathlon - Cycles Unite - Period Poverty Y Lives-Van Funding Young@Heart
## **Purpose of restriction**
Towards summer activities. The transfer relates to the cost of playground equipment capitalised and moved to unrestricted funds. Towards Easter and Summer 2023 holiday activities. Towards youth club food and activity costs Towards activities over Christmas 2023. To provide Christmas hampers. Towards the Park Project. The transfer relates to the cost of playground equipment capitalised and moved to unrestricted funds. Towards the Happy Healthy Holidays project. For equipment and resources to restart the Young@Heart group and provide activity packs for members of the young peoples groups. Towards insulating the youth club roof. For food/food parcels/ entertainment, storage, equipment and cleaning. Towards the Young@Heart group and the Youth club. For criminal exploitation work.
To support households who need the support.
Towards youth and community activities. The transfer relates to the cost of playground equipment capitalised and moved to unrestricted funds. Support to run groups whilst navigating Covid-19 guidelines including additional equipment.
Towards the Park Project. The transfer relates to the cost of playground equipment capitalised and moved to unrestricted funds.
Towards maintenance and to purchase parts for the cycles. Towards period poverty.
To go into areas delivering youth work where there is no youth provision. Towards activities for elderly groups. Transfer funds from the Connecting Communities fund to support activities for elderly groups.
|**Tangible assets**
**Cost**
At 1 April 2023
Additions
At 31 March 2024
**Depreciation**
At 1 April 2023
Charge for year
At 31 March 2024
**Net book value**
At 31 March 2024
At 31 March 2023|£
20,001
53,905
73,906
3,126
7,400
10,526
63,380
16,875
Outside
improvements|£
53,608
-
53,608
41,913
6,755
48,668
4,940
11,695
Machinery
and|Total
£
73,609
53,905
127,514
45,039
14,155
59,194
68,320
0
28,570|
|---|---|---|---|
## **5 Tangible assets**
10
## Rycroft Leisure
## Notes to the accounts continued
## for the year ended 31 March 2024
|**6 Debtors and prepayments**
Debtors
Amounts owed by subsidiary company
Accrued income
Other debtors
**7 Cash at bank and in hand**
Cash at bank
Cash in hand
**8 Creditors and accruals**
Accruals
Taxation and social security
Other creditors|2024
£
1,501
6,035
3,460
283
11,279
2024
£
384,803
792
385,595
2024
£
2,429
13,856
549
16,834|2023
£
16,704
11,035
2,800
-
30,539
2023
£
390,792
554
391,346
2023
£
5,741
3,168
60
8,969|
|---|---|---|
## **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 £95,354 (previous year: £65,264).
## **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**
Loan interest
**Income from Rycroft Trading CIC**|2024
£
6,035
6,035
2024
£
660|2023
£
11,035
11,035
2023
£
2,800|
|---|---|---|
11
## Rycroft Leisure
## Notes to the accounts continued
## for the year ended 31 March 2024
## **9 Related party transactions (continued)**
|**Payments to Rycroft Trading CIC**
Utilities
Activity costs
**Donation from Rycroft Trading CIC**|2024
£
11,278
2,485
13,763
2024
£
15,000|2023
£
10,656
2,752
13,408
2023
£
-|
|---|---|---|
## **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 Changes to accounts of prior period**
The comparative figures in these accounts for the year ended 31 March 2023 have been restated to recategorise the income and expenditure relating to funding from Conexus Healthcare as contract income rather than a restricted grant income which it had been treated as in error. Income of £84,823 and expenditure of £28,991 has been recategorised from restricted to unrestricted.
Since the effect of these changes is material and affects the figures in prior periods, the previous year's figures have been corrected in accordance with FRS102.
The accounts for the year ended 31 March 2023 have been restated as follows:
||as restated|original figure|
|---|---|---|
||2023|2023|
|**_Changes to Statement of Financial Activities_**|||
|Income from grants and donations|225,342|310,165|
|Income from sales and fees|119,063|34,240|
|Unrestricted income|172,309|87,486|
|Restricted income|174,896|259,719|
|Unrestricted expenditure|92,665|63,674|
|Restricted expenditure|135,543|164,534|
|Net income/(expenditure) in the year|118,997|118,997|
|Fund balances carried forward|441,486|441,486|
|Restricted fund balances carried forward|201,520|257,352|
|Unrestricted fund balances carried forward|239,966|184,134|
|**_Changes to Balance Sheet_**|||
|Net assets|441,486|441,486|
|General unrestricted funds|239,966|184,134|
|Restricted funds|201,520|257,352|
12
## Rycroft Leisure
## Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2024
|Restated
2024
2023
Unrestricted Unrestricted
funds
funds
£
£
**Income**
Grants and donations
30,114
50,446
Sales and fees
146,644
119,063
Other income
660
2,800
**Total income**
177,418
172,309
**Expenditure**
Salaries and NIC
78,867
48,919
Mileage
-
403
Printing, postage and stationery
1,747
825
Insurance and licences
6,250
5,983
Legal and professional
660
1,135
Repairs and maintenance
23,994
10,606
Activity costs
8,755
9,169
Training
500
31
Independent examination
2,310
1,920
Computers and IT
3,387
2,488
Utilities
-
-
Equipment
523
103
Bank charges
296
355
Miscellaneous expenses
723
883
Depreciation
14,155
9,845
Grant repaid
-
-
**Total expenditure**
142,167
92,665
**Net income**
35,251
79,644
**Transfers between funds**
28,902
42,911
**Net movement in funds**
64,153
122,555
**Fund balances brought forward**
239,966
117,411
**Fund balances carried forward**
304,119
239,966|2024
Restricted
funds
£
164,075
3,333
-
167,408
91,074
-
575
1,756
1,308
15,561
70,329
1,811
-
755
11,278
1,003
21
314
-
-
195,785
(28,377)
(28,902)
(57,279)
201,520
144,241|Restated
2023
Restricted
funds
£
174,896
-
-
174,896
69,818
221
311
-
-
4,116
36,971
1,404
-
1,509
10,760
423
10
-
-
10,000
135,543
39,353
(42,911)
(3,558)
205,078
201,520|2024
Total
funds
£
194,189
149,977
660
344,826
169,941
-
2,322
8,006
1,968
39,555
79,084
2,311
2,310
4,142
11,278
1,526
317
1,037
14,155
-
337,952
6,874
-
6,874
441,486
448,360|Restated
2023
Total
funds
£
225,342
119,063
2,800
347,205
118,737
624
1,136
5,983
1,135
14,722
46,140
1,435
1,920
3,997
10,760
526
365
883
9,845
10,000
228,208
118,997
-
118,997
322,489
441,486|
|---|---|---|---|---|
13
## Rycroft Leisure
Charity number 1157830
## Annual Report and Financial Statements
for the year ended 31 March 2024
## Rycroft Leisure
## Annual Report and Financial Statements for the year ended 31 March 2024
|**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 2024
## **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** Ward Richards Chair Malcolm Scott Vice-chair Dave Taylor Angie Morley Karen Fretwell Gloria Booth Ryan Cotton Carol Young Lisa Booth Paul Stockhill
Resigned 31 March 2024
Resigned 10 July 2024 Resigned 15 July 2023 Resigned 15 July 2023 Appointed 15 June 2023 Appointed 15 June 2023 Appointed 21 September 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.
2
## Rycroft Leisure
## Trustees' report (continued) for the year ended 31 March 2024
## **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.
## **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**
After our organisation went through difficult times during the pandemic but we have continued to offer our community social support and a venue for leisure activities which is showing a vast improvement.
## **Financial review**
The net income for the year was £6,874, including net income of £64,153 on unrestricted funds and net expenditure of £57,279 on restricted funds after transfers.
## **Reserves policy**
The charity's free reserves, excluding fixed assets, at the year end were £235,799.
We aim to maintain reserves of between 3 and 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 cease.
Approved by the board of trustees on 27/01/2025
Angela Morley (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 2024, 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; 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
29/01/2025
## **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 2024
|Notes
**Income from:**
Grants and donations
(2)
Sales and fees
Other income
**Total income**
**Expenditure on:**
Salaries and NIC
(3)
Mileage
Printing, postage and stationery
Insurance and licences
Legal and professional
Repairs and maintenance
Activity costs
Training
Independent examination
Computers and IT
Utilities
Equipment
Bank charges
Miscellaneous expenses
Depreciation
Grant repaid
**Total expenditure**
**Net income**
**Transfers between funds**
**Net movement in funds**
**Fund balances brought forward**
**Fund balances carried forward**
(4)|2024
Unrestricted
funds
£
30,114
146,644
660
177,418
78,867
-
1,747
6,250
660
23,994
8,755
500
2,310
3,387
-
523
296
723
14,155
-
142,167
35,251
28,902
64,153
239,966
304,119|2024
Restricted
funds
£
164,075
3,333
-
167,408
91,074
-
575
1,756
1,308
15,561
70,329
1,811
-
755
11,278
1,003
21
314
-
-
195,785
(28,377)
(28,902)
(57,279)
201,520
144,241|2024
Total
funds
£
194,189
149,977
660
344,826
169,941
-
2,322
8,006
1,968
39,555
79,084
2,311
2,310
4,142
11,278
1,526
317
1,037
14,155
-
337,952
6,874
-
6,874
441,486
448,360|Restated
2023
Total
funds
£
225,342
119,063
2,800
347,205
118,737
624
1,136
5,983
1,135
14,722
46,140
1,435
1,920
3,997
10,760
526
365
883
9,845
10,000
228,208
118,997
-
118,997
322,489
441,486|
|---|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
5
## Rycroft Leisure
## Balance sheet
## as at 31 March 2024
|2024
Unrestricted
£
**Fixed assets**
Tangible assets
(5)
68,320
**Total fixed assets**
68,320
**Current assets**
Debtors and prepayments
(6)
11,279
Cash at bank and in hand
(7)
241,354
**Total current assets**
252,633
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(8)
16,834
**Total current liabilities**
16,834
**Net current assets**
235,799
**Net assets**
304,119
**Funds**
Unrestricted funds
304,119
Restricted funds
-
**Total funds**
304,119|2024
Restricted
£
-
-
-
144,241
144,241
-
-
144,241
144,241
-
144,241
144,241|2024
Total
£
68,320
68,320
11,279
385,595
396,874
16,834
16,834
380,040
448,360
304,119
144,241
448,360|Restated
2023
Total
£
28,570
28,570
30,539
391,346
421,885
8,969
8,969
412,916
441,486
239,966
201,520
441,486|
|---|---|---|---|
The financial statements were approved by the board of trustees on 27/01/2025
Angela Morley (Trustee)
6
Notes to the accounts
## Rycroft Leisure
## for the year ended 31 March 2024
## **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 accounts for the previous year have been restated as contract income had been treated as a restricted grant.
## **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.
## **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.
7
## Rycroft Leisure
## Notes to the accounts continued
## for the year ended 31 March 2024
|**2 Grants and donations**
Age UK Wakefield District
Havercroft Parish Council
Loft Insulation
Prosper Together
Ryhill Parish Council
The National Lottery
Wakefield Metropolitan District Council
Better Connect
British Triathlon
The Neighbourly Foundation
Unite West Yorkshire
Wakefield District Health & Care Partnership
Young Lives Consortium
Donation from Rycroft Trading CIC
Other donations
**3 Staff costs and numbers**
Gross salaries
Social security costs
Pensions|2024
Unrestricted
funds
£
-
7,500
-
-
7,614
-
-
-
-
-
-
-
-
15,000
-
30,114|2024
Restricted
funds
£
45,000
-
500
5,175
-
91,052
22,348
-
-
-
-
-
-
-
-
164,075|2024
Total
funds
£
45,000
7,500
500
5,175
7,614
91,052
22,348
-
-
-
-
-
-
15,000
-
194,189
2024
£
155,132
11,837
2,972
169,941|Restated
2023
Total
funds
£
11,250
22,842
-
-
24,190
48,618
51,296
14,099
4,500
1,500
500
5,500
37,633
-
3,414
225,342
2023
£
108,909
7,998
1,830
118,737|
|---|---|---|---|---|
The average number of employees during the year was 7.4, being an average of 5.4 full time equivalent (2023: 5.5, 4.3 FTE). There were no employees with emoluments above £60,000.
|**Defined contribution pension scheme**|2024|2023|
|---|---|---|
||£|£|
|Costs of the scheme to the charity for the year|2,972|1,830|
8
## Rycroft Leisure
## Notes to the accounts continued for the year ended 31 March 2024
|**4 Restricted funds**
Balance b/f
£
Active and Inspired
24,763
Age UK
11,250
Awards For All
3,274
Barnardos Crisis Fund
746
BIG FEED
4,167
CLLD Ob 1
1,822
CLLD Ob 5
9,277
Community Navigator
11,748
Connecting Communities
32,543
FIM-Young Carers
7,551
HAFF -2022
31,093
HAFF -23
3,302
HAFF 2024
-
Haff-Winter Fund
3,433
Hampers
503
Henry Moore
315
HHH 20/22
3,724
LIVE Well
6,274
Loft Insulation
-
Neighbourly
1,500
Neighbourhood Imp. Fund (NIF)
1,968
Not round here Project
1,494
Prosper Together Fund
320
RC Yorkshire and Humber Region
25,476
Sported
1,914
St Georges (Park )
370
Triathlon - Cycles
1,428
Unite - Period Poverty
638
Y Lives-Van Funding
10,627
Young@Heart
-
201,520|Incoming
£
-
45,000
-
-
-
99
-
-
-
-
-
14,411
3,347
4,590
-
-
-
-
500
-
-
-
5,175
91,052
-
-
3,234
-
-
-
167,408|Outgoing
£
6,883
14,207
-
-
968
1,921
4,867
466
12,638
973
26,693
16,076
1,124
595
503
-
3,724
434
500
1,500
-
-
799
84,586
1,914
-
2,344
75
10,627
1,368
195,785|Transfers
£
(10,000)
(10,050)
-
-
-
-
-
-
(5,000)
-
(4,400)
-
-
-
-
(315)
-
-
-
-
-
-
-
(3,767)
-
(370)
-
-
-
5,000
(28,902)|Balance c/f
£
7,880
31,993
3,274
746
3,199
-
4,410
11,282
14,905
6,578
-
1,637
2,223
7,428
-
-
-
5,840
-
-
1,968
1,494
4,696
28,175
-
-
2,318
563
-
3,632
144,241|
|---|---|---|---|---|
**Fund name** Active and Inspired
Age UK
Awards For All Barnardos Crisis Fund BIG FEED CLLD Ob 1 CLLD Ob 5
Community Navigator
Connecting Communities
FIM-Young Carers
## **Purpose of restriction**
Towards sports activities. The transfer relates to the cost of playground equipment capitalised and moved to unrestricted.
To work with hospital discharges and engage in community to stop readmissions. The transfer relates to allocating funds to management costs and room hire.
Towards youth activities. Tailored support for families and young people in crisis. The Big Feed Hot Food Provision. Building powerful communities capital grant.
To bring new and innovative solutions to long term issues identified by the People Enabling Area Transformation project.
Towards wages, mileage, equipment for mental health and community keyworker.
Towards costs for running over 55's groups. The transfer relates to funds moved to the Young@Heart fund to support activities for elderly groups. A 1 year pilot scheme for under 10's.
9
## Rycroft Leisure
## Notes to the accounts continued for the year ended 31 March 2024
## **4 Restricted funds (continued)**
**Fund name** HAFF -2022
HAFF -23 HAFF 2024 Haff-Winter Fund Hampers Henry Moore
HHH 20/22 LIVE Well
Loft Insulation Neighbourly Neighbourhood Imp. Fund (NIF) Not round here Project Prosper Together Fund RC Yorkshire and Humber Region
Sported
St Georges (Park )
Triathlon - Cycles Unite - Period Poverty Y Lives-Van Funding Young@Heart
## **Purpose of restriction**
Towards summer activities. The transfer relates to the cost of playground equipment capitalised and moved to unrestricted funds. Towards Easter and Summer 2023 holiday activities. Towards youth club food and activity costs Towards activities over Christmas 2023. To provide Christmas hampers. Towards the Park Project. The transfer relates to the cost of playground equipment capitalised and moved to unrestricted funds. Towards the Happy Healthy Holidays project. For equipment and resources to restart the Young@Heart group and provide activity packs for members of the young peoples groups. Towards insulating the youth club roof. For food/food parcels/ entertainment, storage, equipment and cleaning. Towards the Young@Heart group and the Youth club. For criminal exploitation work.
To support households who need the support.
Towards youth and community activities. The transfer relates to the cost of playground equipment capitalised and moved to unrestricted funds. Support to run groups whilst navigating Covid-19 guidelines including additional equipment.
Towards the Park Project. The transfer relates to the cost of playground equipment capitalised and moved to unrestricted funds.
Towards maintenance and to purchase parts for the cycles. Towards period poverty.
To go into areas delivering youth work where there is no youth provision. Towards activities for elderly groups. Transfer funds from the Connecting Communities fund to support activities for elderly groups.
|**Tangible assets**
**Cost**
At 1 April 2023
Additions
At 31 March 2024
**Depreciation**
At 1 April 2023
Charge for year
At 31 March 2024
**Net book value**
At 31 March 2024
At 31 March 2023|£
20,001
53,905
73,906
3,126
7,400
10,526
63,380
16,875
Outside
improvements|£
53,608
-
53,608
41,913
6,755
48,668
4,940
11,695
Machinery
and|Total
£
73,609
53,905
127,514
45,039
14,155
59,194
68,320
0
28,570|
|---|---|---|---|
## **5 Tangible assets**
10
## Rycroft Leisure
## Notes to the accounts continued
## for the year ended 31 March 2024
|**6 Debtors and prepayments**
Debtors
Amounts owed by subsidiary company
Accrued income
Other debtors
**7 Cash at bank and in hand**
Cash at bank
Cash in hand
**8 Creditors and accruals**
Accruals
Taxation and social security
Other creditors|2024
£
1,501
6,035
3,460
283
11,279
2024
£
384,803
792
385,595
2024
£
2,429
13,856
549
16,834|2023
£
16,704
11,035
2,800
-
30,539
2023
£
390,792
554
391,346
2023
£
5,741
3,168
60
8,969|
|---|---|---|
## **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 £95,354 (previous year: £65,264).
## **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**
Loan interest
**Income from Rycroft Trading CIC**|2024
£
6,035
6,035
2024
£
660|2023
£
11,035
11,035
2023
£
2,800|
|---|---|---|
11
## Rycroft Leisure
## Notes to the accounts continued
## for the year ended 31 March 2024
## **9 Related party transactions (continued)**
|**Payments to Rycroft Trading CIC**
Utilities
Activity costs
**Donation from Rycroft Trading CIC**|2024
£
11,278
2,485
13,763
2024
£
15,000|2023
£
10,656
2,752
13,408
2023
£
-|
|---|---|---|
## **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 Changes to accounts of prior period**
The comparative figures in these accounts for the year ended 31 March 2023 have been restated to recategorise the income and expenditure relating to funding from Conexus Healthcare as contract income rather than a restricted grant income which it had been treated as in error. Income of £84,823 and expenditure of £28,991 has been recategorised from restricted to unrestricted.
Since the effect of these changes is material and affects the figures in prior periods, the previous year's figures have been corrected in accordance with FRS102.
The accounts for the year ended 31 March 2023 have been restated as follows:
||as restated|original figure|
|---|---|---|
||2023|2023|
|**_Changes to Statement of Financial Activities_**|||
|Income from grants and donations|225,342|310,165|
|Income from sales and fees|119,063|34,240|
|Unrestricted income|172,309|87,486|
|Restricted income|174,896|259,719|
|Unrestricted expenditure|92,665|63,674|
|Restricted expenditure|135,543|164,534|
|Net income/(expenditure) in the year|118,997|118,997|
|Fund balances carried forward|441,486|441,486|
|Restricted fund balances carried forward|201,520|257,352|
|Unrestricted fund balances carried forward|239,966|184,134|
|**_Changes to Balance Sheet_**|||
|Net assets|441,486|441,486|
|General unrestricted funds|239,966|184,134|
|Restricted funds|201,520|257,352|
12
## Rycroft Leisure
## Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2024
|Restated
2024
2023
Unrestricted Unrestricted
funds
funds
£
£
**Income**
Grants and donations
30,114
50,446
Sales and fees
146,644
119,063
Other income
660
2,800
**Total income**
177,418
172,309
**Expenditure**
Salaries and NIC
78,867
48,919
Mileage
-
403
Printing, postage and stationery
1,747
825
Insurance and licences
6,250
5,983
Legal and professional
660
1,135
Repairs and maintenance
23,994
10,606
Activity costs
8,755
9,169
Training
500
31
Independent examination
2,310
1,920
Computers and IT
3,387
2,488
Utilities
-
-
Equipment
523
103
Bank charges
296
355
Miscellaneous expenses
723
883
Depreciation
14,155
9,845
Grant repaid
-
-
**Total expenditure**
142,167
92,665
**Net income**
35,251
79,644
**Transfers between funds**
28,902
42,911
**Net movement in funds**
64,153
122,555
**Fund balances brought forward**
239,966
117,411
**Fund balances carried forward**
304,119
239,966|2024
Restricted
funds
£
164,075
3,333
-
167,408
91,074
-
575
1,756
1,308
15,561
70,329
1,811
-
755
11,278
1,003
21
314
-
-
195,785
(28,377)
(28,902)
(57,279)
201,520
144,241|Restated
2023
Restricted
funds
£
174,896
-
-
174,896
69,818
221
311
-
-
4,116
36,971
1,404
-
1,509
10,760
423
10
-
-
10,000
135,543
39,353
(42,911)
(3,558)
205,078
201,520|2024
Total
funds
£
194,189
149,977
660
344,826
169,941
-
2,322
8,006
1,968
39,555
79,084
2,311
2,310
4,142
11,278
1,526
317
1,037
14,155
-
337,952
6,874
-
6,874
441,486
448,360|Restated
2023
Total
funds
£
225,342
119,063
2,800
347,205
118,737
624
1,136
5,983
1,135
14,722
46,140
1,435
1,920
3,997
10,760
526
365
883
9,845
10,000
228,208
118,997
-
118,997
322,489
441,486|
|---|---|---|---|---|
13
## 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 2024, 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; 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.
Signed: …………………………………… Name: E J Beverley FCCA
29/01/2025
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
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