Lymm Youth And Community Associatlon Ltd Company No. 06525466 Dlrectors, Report and Unaudlted Accounts 31 March 2024 Lymm Youth And Community Assoclation Ltd Contents Pages Company Information Directors, Report Income and Expenditure Account Balance Sheet Notes to the Accounts 6t08 PApp 1 Lymm Youth And Communlty Associatlon Ltd Company Information Directors R. Bennett S. Griffiths Secretary G. Reynolds Registered Offlce l Bridgewater Street Lymm Cheshire WA13 OAB Accountants David Woodyatt & Co. Ltd Chapel House 22 Warrington Road Lymm Cheshire WA13 9BG Iwriiiii Yijulli Ariij fiJfYiiTiiiriily AssfM-.iai ii)!! i •ij ,)ir￿lI)iS RepiLV'I The Dlrectors present thelr repJ)rt arKI the accounts for the year ended 31 March 2024. Prlnclpal actlvltles The prlnclpal actlvlty of the company durlrrfJ the year under revlew was charlty. Dlrectors The Dlrectors who served at any tlme durlng the year were as follows: R. Bennett J. Grlfflths S. Grlfflths (Reslgned 29 May 2023) The above report has been prepared In accordance wlth the provlslons appllcable to companles subject to the small companles reglme as set out In Part 15 of the Cornpanles Act 2006. Slgned on behalf of the l)oard s go S. Grlfflths Dlrector 10 June 2024 Lymm Y(yJth aNI CommwdtyAss￿latI0Tr B¥l(*ewater Street Lymrn Che5hlre WA13 OA8 Tel: 07946-676735 YOUTH COMMUNrTY Charfty Reg15tratl￿ 1161588 C(¥npany Reglstratlon: (￿52￿66 Chalmian's Annual Report 2023-24 I make no apology that thls year once again, I start my report on slmllar Ilnes to previous years and re state our misslon for the Centre to contlnue Its steady progress of Integratlon wlthln South Warrington whlle provldlng facllltles for the old, young, disabled and dlsadvantaged In our community, supported by the major improvements to the premlses. Real and Important though these Improvements to our premises are, we are conscious that the bulldlng Is only one tool that we use In carrylng out our misslon to provlde support and rvlces to the community and other local community organisations. I'm pleased to report that we have not neglected this aspect of our work either, and continue to support local communlty and charltsble organisations and inltlatlves whenever we can. though we remain conscious that we still have work to do to fully grant "ownership" of the premises to the community. Community, Council and LYCA itself at times, have not fully grasped the unique nature of the Brant of ownershlp of the premises to the local community, entrusted to the care of LYCA as custodlans of its day to day management as well as maintenance. Improvemert and development of buildi￿ and Services for the benefit of the communlty. Once agaln durlng the past year, we have further strengthened our relatlonshlp wlth the Dlckenslan Chrlstmas Committee, in supportlng their efforts to organlse the Dlckensian Christmas Day by IK)Sting their meetlngs and provldlng a headquarters venue on the day. The close worklng relatlon5hlp we enjoy, wlth some volunteer overlap. Is beneficlal to both organlsatlons. We contlnue to work with the Herltsge Centre, as our nel8hbour* partlcularly In It galnlng better access for disabled using land leased to us, and by the occasional loan of chalrs and tables etc. We are hopeful that in the future we ml8ht work even more closely together for our mutual benefit. Followlng a previ¢)us year'5 May Queen Fe5tlval having to be cancelled due the waterlogged field, we again worked with their committee to make the Cerrtre awdllable sh¢)uld the weather agaln be atrocious. Fortunately the day has been flne slnce, but thls year the very wet Sprln8 meant that the field was t(K> waterlogged to be used and a decision was made to use Henry Street and Davies Way car parks for the parade, ceremony and stalls. Our premises provided an ideal HQ and welfare facllities for the May Queen volunteers. Recent years have been domlnated by Covld19 and the subsequent °LockdoWn￿. We have worked carefully wlthln Government guidellnes taklng a particularly cautlous approach In view of the vulnerablllty of many of our users, especially for our Volunteer-led facllltles and the rapid spread through the Northwest of several varlants. This has affected our income drastlcally - fortunately some of our bookings have restarted as soon as Government restrictlons have allowed. These together with Government support via Warrington Borough CourKil and some one-off donations have SLfftened the blow a little. Fortunately, careful management of our flnances of our Treasurer has enabled us malntsin the new roof fund from which we have been able to draw money wlthout too much worry. desplte the prospect of the loss of more than half a yearfs income. However, many of our older users, Including %xne of our longest serving Volunteers, seem to have10st their confidence to venture out and attendances remain much reduced on earlier years, th￿h our Film Club numbers are building at last and new Voluntsers continue to trlckle in. In recert times much of the New5 has been dominated by the Russian invasion of Ukraine, and has Lymm has welcomed Ukrainian Refugees we have made our premises avallable free of char8e for the refugees to meet socially and addTtionally more recently for English Language lessons. Thelr use of the buildin8 has changed now as many have found jobs and they now show occasional films and celebrate special events the like the 2024 Eurovision Song Contest. Our website continues to be kept up to date thanks to our volunteers and can be acce55ed on the link htt mm .co. uk We continue to plan for an expansion to our premises in the future and have had detailed dlscussions with our architect about the first steps in a feasibility study to enable us to put together major grant applications to give the village premises of which it can be proud. The first stage of this was paid for from our reserves and we did excawations whlch determined the strength of existing foundatlons and satisfactorily established the stsbility of ground condition& We expect this project to progress more quickly in the next few months. I must announce wlth the greatest regret the death of one of our longest servin8 Volunteer4 Joe Grlfflths who has had to take a back seat recedntly due to poor health, but whose Immense servlce to not Just LYC& but the wIK4e of the local community, has been recognlsed by the award of 'Freedom of the Parish" _ a very well deserved honourl I have not paid indlvidual trlbute to any of our Volunteers who are so essential to the success of our activltles but they are ever willin8 and can be relied upon, often withln hours. to provlde a service when a need arises. Last year we provided them with corporate identity in the form of Volunteer aprons with a colourful print of LYCA logo. We also try to make life a Ilttle easier wlth the purchase of more modern equlpment wherever possible. We remaln conscious that we need to update DBS, First Aid and Hygiene certiflcates and are maklng arrargements to carry thls out In the near future. As part of our further ser￿ce to the parish, we look forward to once agaln belng able to provlde events from our own volunteers for community all of vA￿ch are free at the point of dellvery. These have Included:_ Monthly Senior Socials - including a Clvistmas Hotpot Monthly 'ReplaV and 'Recent Releases. Film Shows kVrrkl￿ I￿arN¢t Br¢(•Aiaits '¥%'èék-Iy Table Terinls Ciiib wlilih is i-miw w sAipular wé are ha¥iig to Ilniit iiuiiibei-s ¥%'èrkiy ¥orei > iiii i￿11￿1￿￿4vil wikn% kvlnLUI. yii-iiii i r>ii¥ai LYIIII I I IVIiIV 14iiffl I Lyilliii i r)ii¥o1 Vl I 11)IVl il I l alKiiJVI L Lymm Wl iviarie iurie iVIJLmiiian iyiiiiii ic-)iivtii Lymm Local Hlstory Society Lymm Scouts and Guides Lymm Round Table Local branch of the National Gardens Scheme Lymm Radio Lymm Ukranlan Refugee Support Group The Centre is self-SUStaining for its runnin8 costs being funded mainly by paid hirings. Regular activities provided by hirers, all of which also help to provide service to the community, included: Morrthly Artlsan Market Monthly Wl Monthly Messy Church Monthly U3A Music Appreclation Weekly Street Dance Seven Weekly Pllates Classes Two Weekly Over Fifties Fltness Classes Weekly Boxlng Classe5 Weekly Taekwondo Class Three Weekly GCSE Tuition Classes Weekly Theatre Arts Class We normally take falrly frequent bookin8s for birthday parties which are a useful source of funds as well as providing a service to individuals in the community who are not necessarlly part of more organlsed groups. Additlonally, our Volunteers continue to raise funds by providing hot refreshments at Thursday mornlng Breakfasts, Afternoon Tea at our Senior Socials, refreshments at the Film Clubs and speclal events; selllng Brlc- a-Brac at selected events, and collecting donations at Senior Soclals, Fllm Club, etc. The Thursday Market traders have continued to use our prlvate car-park, which provides a useful Income Stream as well as maintslning a servlce to the community. A rota of Volunteers continue to open the Centre on a Thursday morning for our regulars. Plans for a new Sunday Market on Henry Street Car Park by WBC have not progressed - thou8h recently a private initiative. the Makers Market has started on the week following our monthly Artisan Market, and we support this by provlding tollet facilities for its 5tallholders. We contlnue to seek extra help and welcome new volunteers from the communlty but thanks to the hard work of our exlsting volunteers who enable Smooth fvnctlonlng of all the at￿ activitles, I'm pleased to be able to report another successful year. eve Grlfflths Chairman Lymm Youth and Community Assoclation July 2024 Lymm Youth And Community Association Ltd Income and Expenditure Account for the year ended 31 March 2024 2024 2023 Turnover 43,986 40,375 Administrative expenses 125,811) (26,5571 Operatlng surplus 18,175 13,818 Other interest receivable 1,346 210 Surplus on ordlnary actlvltles before taxatlon 19,521 14,028 Taxation Surplus for the financlal year after taxation 19,521 14,028 Daoa A Company No. 06525466 Notes 2024 2023 riAeii Tinnlhlp 14Aa ?24A knl l el *l r.?%h it h?nk .rynd In hinfl 1A? n1 1?1 71? C.rpdltnrs: Amnijnt falllnq dup. wlthln onp ypar Plet Cuf> ent - Tntal a%gpt% le%$ r.Iirrpnt Illghllltlos Npt 2&SP.ts f4?n) (4?n) 1A1 r.ne 14.7.1fjQ 142,159 1 ?2,A7A 1?.7.fi?R Rv>vfvtyS Inccmne and expendlture account Tnt21 pniiltv 143,159 123,638 14.2.1.59 1?2.A2A Thesc accounts have bcen prcpared In accordancc wlth the spcclal provlslons appllcablc to companles subjcct to the %nall companles reglme of the Companles Act 2006. For the year erKled 31 March 2024 the company was entltled to exemptlon from audlt under sectlon 477 of the Companles Act 2006 relatlNJ to small companles. The members have not requlred the cornpany to obtaln an audlt In accordan￿ wlth sectlon 476 of the Companles Act 2006. The dlrectors acknowledge thelr responslbllltles for complylng wlth the requlrements of the Companles Act 2006 wlth respect to accountlng records and the preparatlon of accounts. Approved by the 10 June 2024 and Igned on Its behalf by: £02 1+ S. Grlfflths Dlrector 10 June 2024 Lymm Youth And Community Associatlon Ltd Notes to the Accounts for the year ended 31 March 2024 l General Information Lymm Youth And Community Association Ltd is a private company limited by guarantee and incorporated in England and Wales. Its registered number is: 06525466 Its registered office is: l Bridgewater Street Lymm Cheshire WA13 OAB The accounts have been prepared in accordance with FRS 102 Section IA- The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. 2 Accountlng pollcles Turnover Turnover is measured at the fair value of the consideration received or receivable. Turnover Is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following condltlons are satlsfied: the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; • the Company retains nelther continuing managerlal involvement to the degree usually associated with ownership nor effective control over the goods sold. the amount of revenue can be measured reliably; it is probable that the economic benefits associated with the transactlon will flow to the Company; and the costs Incurred or to be incurred In respect of the transactlon can be measured rellably. Speciflcally, revenue from the sale of 8oods is recogni5ed when goods are dellvered and le8al title is passed. Tangible flxed assets and depreclatlon Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life: Furniture, fittings and equipment 33% Reducin8 balance Page 6 Lymm Youth And Communlty Association Ltd Notes to the Accounts Trade and other debtors Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost usin8 the effective interest method, less Impairment losses for bad and doubtful debts. Trade and other creditors Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, riet of transaction costs, and are measured subsequently at amort15ed c05t using the effective interest method. Provislons Provisions are made where an event has taken place that gives the Company a legal or construttlve obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. Provisions are charged as an expense to the income and expenditure account In the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking Into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet. 3 Employees 2024 Number 2023 Number The average monthly number of employees {including dlrector5} durin8 the year was: 4 Tan8lble flxed assets Fixtures, ffttlngs and equlpment Totsl Cost or revaluation At l Aprll 2023 At 31 March 2024 Depreclatlon At l April 2023 Charge for the year At 31 March 2024 Net book values 31,313 31,313 31,313 31,313 28,967 782 28,967 782 29,749 29,749 At 31 March 2024 At 31 March 2023 1,564 2,346 1,564 2,346 Lymm Youth And Communlty Association Ltd Notes to the Accounts 5 Creditors: amounts falling due within one year 2024 2023 Accrua15 and deferred income 420 420 420 420 6 Reserves Income and expenditure account- includes all current and prior period retained surpluses and deficits. Paoe 8 Lymm Youth And Community Association Ltd Detailed Income and Expendlture Account for the year ended 31 March 2024 2024 2023 Turnover 43,986 40,375 Premises costs Light, heat and power Premises cleaning Premises repairs and maintenance 9,732 6,296 4,046 20,074 10,576 6,030 2,341 18,947 General administrative costs, including depreciation and amortisation Depreciation of fixtures, fittings and equipment General insurances Software, IT support and related costs Stationery and printing Subscriptions Sundry expenses 782 1,173 835 760 468 489 1,360 693 517 1,141 2,306 7,190 1,983 5,317 Legal and professional costs Accountanoi and bookkeepin8 420 420 420 420 Admlnlstratlve expenses 25,811 26,557 Operatlng surplus 18,175 13,818 Other interest receivable Bank interest receivable 1,346 1,346 210 210 Surplus on ordlnary actlvltles before tsxatlon 19,521 14.028 D￿•￿￿ n Lymm Youth And Communlty Assoclatlon Ltd Company No. 06525466 Informatlon for Flllng wlth The Re8lstrar 31 March 2024 Lymm y￿th And Community Association Ltd Balance Sheet Registrar at 31 March 2024 Company No. 06525466 Notes 2024 2023 Fixed assets Tarylble assets 1,564 1,564 2,346 2,346 Current assets Cash at bank and In hand 142,015 142,015 (420) 141,595 143,159 143,159 121,712 121,712 (420) 121.292 123,638 123,638 Credltors: Amount falllng due wlthln one year Net current assets Total assets less current Ilabllltles Net assets Reseries Income and expendlture account Total equlty 143,159 123,638 The.sp. tlCLounts have been prepared In accordance wlth the speclal provlslons (Ippllcable to compdnie5 subject to the small companles regime of the Companles Act 2006. For the yedr ended 31 March 2024 the company was entitled to exemptlon from audlt under 5ectlon 477 of the Companies AL"t 2006 relatlng to small companles. The members have r￿t requlred the company to obtaln an audlt In accordance wllh sectlon 476 of the Companles Act 2006, The directopi acknowledge their responslbllltles for complylng wlth the requlrements of the Compdnles Act 2CK)6 wlth respect to dccounting records (ind the prepdrallon of ¢tccount5, As permitted by 5ectlon 444 (5A)of the Cornpanles Act 2006 the dlreLtors have not dellvered to the Reglstrar d LOPY of the company's Income and expenditure account. Approved by the boa June 2024 and slg ed on its behalf by: 143,159 123,638 3& 1&29 Grl ths Dlrector 10 June 2024 Lymm Youth And Communlty Association Ltd Notes to the Accounts Registrar for the year ended 31 March 2024 l General Information Lymm Youth And Community Association Ltd is a private company limited by guarantee and incorporated in England and Wales. Its registered number is: 06525466 Its registered offlce is: l Bridgewater Street Lymm Cheshire WA13 OAB The accounts have been prepared In accordance with FRS 102 Section IA- The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. 2 Accountlng pollcles Turnover Turnover is measured at the faSr value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other simllar allowances. Revenue from the sale of goods Is recognised when all the following conditions are satisfled: • the Company has transferred to the buyer the Significant risks and rewards of ownership of the goods; the Company retalns neither contlnuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; the amount of revenue can be measured reliably; it is probable that the economic benefits associated with the transactlon will flow to the Company; and the costs incurred or to be incurred In respect of the transaction can be measured reliably. Speciflcally, revenue from the sale of 8oods is recognised when goods are delivered and le8al tltle is passed. Tangible fixed assets and depreclatlon Tangible flxed assets held for the company's own use are stated at cost less accumulated depreciatlon and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there Is any indication that any items have suffered an impalrment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over it5 estimated useful life: Furniture, fittings and equipment 33% Reducing balance Trade and other debtors Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts. PaLv• ? Lymm Youth And Community Associatlon Ltd Notes to the Accounts Registrar Trade and other creditors Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost Using the effective interest method. Provlslons Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. Provisions are charged as an expense to the income and expenditure account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant rlsks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet. 3 Employees 2024 Number 2023 Number The average monthly number of employees (including directors) during the year was: 4 Tanglble flxed assets Flxtures, flttlngs and equipment Total Cost or revaluatlon At l April 2023 At 31 March 2024 Depreciatlon At l April 2023 Charge for the year At 31 March 2024 Net book values At 31 March 2024 At 31 March 2023 31,313 31,313 31,313 31,313 28.967 782 29,749 28.967 782 29,749 1,564 2,346 1,564 2,346 5 Creditors: amounts falling due withln one year 2024 2023 Accruals and deferred income 420 420 420 420 Lymm Youth And Communlty Association Ltd Notes to the Accounts Registrar 6 Reserves Income and expenditure account- includes all current and prior period retained surpluses and deficits.