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2022-10-31-accounts

DocuSign Envelope ID: 66CF93D3-5795-4E35-A489-A3C93FF55938

Company Registration No 09262990 (England and Wales)

MCSDA LTD (COMPANY LIMITED BY GUARANTEE)

DIRECTORS’ REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2022

DocuSign Envelope ID: 66CF93D3-5795-4E35-A489-A3C93FF55938

MCSDA LTD

(COMPANY LIMITED BY GUARANTEE) F INANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

Contents Pages
Directors’ report 1 - 4
Independent examiners report 5
Statement of financial activities 6
Balance sheet 7
Cash flow statement 8
Notes to the financial statements 9 – 11
Detailed income and expenditure account 12

DocuSign Envelope ID: 66CF93D3-5795-4E35-A489-A3C93FF55938

MCSDA LTD (COMPANY LIMITED BY GUARANTEE) DIRECTORS’ REPORT FOR THE YEAR ENDED 31 OCTOBER 2022

The directors present their annual report and accounts for the year ended 31 October 2022.

Reference & Administrative Details

The Charity: MCSDA LTD Charity Number: 1164748 Company registration Number: 09262990 Address: Bedford House 60 Chorley New Road Bolton United Kingdom BL1 4DA

DIRECTORS

Gary Stringer Kevin Charles Stringer Mark Jonathan Cooper

INDEPENDENT EXAMINERS

CHW Accounting Limited ICAEW Chartered Accountants Bedford House 60 Chorley New Road Bolton BL1 4QR

PRINCIPAL BANKERS

The Co-Operative Bank Plc PO Box 250 Skelmersdale WN8 6WT

Page 1

DocuSign Envelope ID: 66CF93D3-5795-4E35-A489-A3C93FF55938

(COMPANY LIMITED BY GUARANTEE) DIRECTORS’ REPORT FOR THE YEAR ENDED 31 OCTOBER 2022

MCSDA LTD

Our Aims and Objectives

Objectives and Activities

The principal activity of the charity is to continue to provide facilities and training classes in the interests of social welfare, for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age infirmity, disability or to act as a diversion from anti-social or criminal activities, financial hardship or social circumstances with the object of improving their conditions of life by using martial arts and self-defence training as a vehicle to teach conflict resolution, confidence building, personal safety awareness and other life skills to as wide a range of people as possible. We also aim to provide training facilities for other community based martial arts groups to extend and enhance the range of activities on offer.

Achievements & Performance

MCSDA Ltd has started to recover from our closure due to the pandemic, as public confidence increases, numbers attending our classes and making use of our facilities has increased slightly and continues to improve slowly. The current economic climate is, no doubt, affecting us and growth has been slower than anticipated.

As mentioned in the previously, there has been a slow but steady start to recruitment and retention, hence our income stream has needed modification which has been done to ensure our finances are stable. Our operating costs (heating and lighting) have obviously risen steeply due to the energy crisis. MCSDA has managed to maintain its pricing structure, this is important, as we are conscious of the cost of living, and we will maintain this for the foreseeable future to help ensure that as many people as possible can access our classes and facilities. We collect our subscriptions via a subscription service which is the most efficient way of gathering payments on a regular basis.

We continue to implement modified Covid protocols.

We have successfully delivered a Fear Fighter Workshop and a Karate for Mental Health Workshop, both events were well supported and sign-posted attendees to relevant resources or organisations, both locally and nationally, we are in the planning stages of running both events again this year. The Fear Fighter Workshop is filling nicely and indications are the Karate for Mental Health course will be well-supported also.

Our Women only Advanced Self Protection (ASP) Group is active and we have qualified our first Instructor. This is as far as we are aware a unique program, concentrating on providing training, specifically tailored to deal with the kind of violence and threats most often experienced by women.

We think this project sits nicely within the governments strategy to reduce the incidents of crime perpetrated against girls and women. We have joined the White Ribbon campaign. The White Ribbon Campaign is a global movement of men and boys working to end male violence against women and girls.

MCSDA was invited to deliver a workshop at a local White Ribbon event where we made links with many more local organisations and our training was well received, we are investigating ways to take this further. This included a request to work alongside a pair of actors who presented a workshop to Derby Playhouse exploring the way violence is portrayed in the theatre and how it relates to ‘real world’ happenings. This was very well received.

Since recommencing operations, we have re- established working links with other partners such as NCS, ACE Youth Groups, Safe and Sound and other local and national organisations, and charities with aims that are allied to our own. We also continue working with the local Council, providing workshops on personal safety awareness for their staff. We recently delivered Personal Safety and Self Protection training into a large secondary school where over 300 pupils attended throughout the day, this comprised the entire year 11 group.

There has been no negative events or serious injuries or incidents to report.

Page 2

DocuSign Envelope ID: 66CF93D3-5795-4E35-A489-A3C93FF55938

MCSDA LTD (COMPANY LIMITED BY GUARANTEE) DIRECTORS’ REPORT FOR THE YEAR ENDED 31 OCTOBER 2022

Financial Review

Review of the transactions and financial position

The principal source of income in the year was through subscriptions received. The charity will continue to operate at current costs which are amongst the lowest in the area to enable as many people to take advantage of the facilities as possible. At the balance sheet date the charity had reserves of £5,951 (2021: £12,392).

Plans for the Future

Our plans to address the issue with small leaks in our roof are still on hold and remain so until such time as we can either secure grant funding or raise sufficient funds to finance the works ourselves. This will be a major financial investment.

The Domestic Violence Project has unfortunately been scrapped due to funding issues. However, we will continue to liaise with the people involved so that if things can be progressed in the future, we will be able to look at the Project again.

We continue to explore possible partnerships with other organisations and charities to expand our sphere of influence and to reach a wider demographic. (See below – White Ribbon Campaign)

We continue to host martial arts courses featuring well known instructors which helps raise our profile and to expand our network of local clubs and to act as a hub for such events, bringing practitioners from differing disciplines together to exchange ideas and share best practice, helping to raise standards to the benefit of all involved. This year we have several such seminars in the planning stages and at least two confirmed.

Our support for other, local martial arts clubs continues with Wrestling, Karate and Aikido classes all being supported by MCSDA thus helping to widen our appeal and helping to bring more people into the academy to gain the benefits of exercise and social interaction. We are also planning to implement classes for pre-school children. This is in the early stages of preparation.

Structure, Governance and Management

Governing Document

The organisation is a charitable company limited by guarantee, incorporated on 14 October 2014. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. Each member of the company has guaranteed to contribute to the company’s assets, if required, an amount not exceeding £1.

Page 3

DocuSign Envelope ID: 66CF93D3-5795-4E35-A489-A3C93FF55938

MCSDA LTD (COMPANY LIMITED BY GUARANTEE) DIRECTORS’ REPORT FOR THE YEAR ENDED 31 OCTOBER 2022

Recruitment and Appointment of Directors

The directors of the company are also charity trustees for the purposes of charity law and under the company’s Articles are known as members of the company. Under the requirements of the Memorandum and Articles of Association the directors are required to retire by rotation. Appointment of directors is by the charity in general meeting or by the directors.

Responsibilities of Directors

Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the directors should follow best practice and:

The Directors are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. The Directors are also responsible for safe-guarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Independent Examiners

CHW Accounting Limited were appointed as the charitable company’s Independent Examiners during the year.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities and in accordance with the special provisions relating to small companies within part 15 of the Companies Act 2006.

Approval

7/2/2023 | 1:39 PM GMT

This report was approved by the directors on ……………… and signed on their behalf.

G Stringer Director

Page 4

DocuSign Envelope ID: 66CF93D3-5795-4E35-A489-A3C93FF55938

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF MCSDA LTD FOR THE YEAR ENDED 31 OCTOBER 2022

I report on the accounts of the company for the year ended 31 October 2022, which are set out on pages 6 to 11.

Responsibilities and basis of report

As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (the ‘2011 Act'). In carrying out my examination I have followed the Directions given by The Charity Commission under section 145(5){b) of the 2011 Act.

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

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.

I Orgill FCCA Bedford House 60 Chorley New Road Bolton BL1 4DA

DATE: 9/2/2023 | 5:28 PM GMT

Page 5

DocuSign Envelope ID: 66CF93D3-5795-4E35-A489-A3C93FF55938

MCSDA LTD

(COMPANY LIMITED BY GUARANTEE)

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNTS) FOR THE YEAR ENDED 31 OCTOBER 2022

Notes
Income and endowments:
Incoming and endowments from generated funds
Trading income
2
Total income and endowments
Expenditure on
Direct expenses
Total expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
8
Total funds carried forward		 TOTAL
TOTAL
Funds
Funds
2022
2021
£
£
31,904
12,381
31,904
12,381
38,345
29,012
38,345
29,012
(6,441)
(16,631)
12,392
29,023
5,951
12,392

There are no recognised gains or losses in the period other than those included in the Statement of Financial Activities.

The Statement of Financial Activities has been prepared on the basis that all operations are continuing.

Page 6

DocuSign Envelope ID: 66CF93D3-5795-4E35-A489-A3C93FF55938

MCSDA LTD (COMPANY LIMITED BY GUARANTEE) BALANCE SHEET FOR THE YEAR ENDED 31 OCTOBER 2022

Notes
TANGIBLE FIXED ASSETS
5
CURRENT ASSETS
Cash at bank
Debtors falling due within one year
6
CURRENT LIABILITIES
Creditors falling due within one year
7
NET CURRENT ASSETS
NET ASSETS
Capital and reserves
Profit and loss account
8
TOTAL CHARITY FUNDS		 2022
£
£
9,835
14,352
-
14,352
(18,236)
(3,884)
5,951
5,951
**5,951 **		 2022
£
£
9,835
14,352
-
14,352
(18,236)
(3,884)
5,951
5,951
**5,951 **		 2021
£
£
12,294
15,873
76
15,949
(15,851)
98
12,392
12,392
**12,392 **		 2021
£
£
12,294
15,873
76
15,949
(15,851)
98
12,392
12,392
**12,392 **
14,352
(18,236)		 15,949
(15,851)
5,951 12,392
5,951 12,392
**5,951 ** **12,392 **

For the financial year ended 31 October 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The Financial Statements on pages 6 to 11 have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective January 2015) – (Charities SORP (FRS102)).

Director's responsibilities:

Approved by the board of directors on…………………. and signed on their behalf by: 7/2/2023 | 1:39 PM GMT

G Stringer Director

Page 7

DocuSign Envelope ID: 66CF93D3-5795-4E35-A489-A3C93FF55938

MCSDA LTD (COMPANY LIMITED BY GUARANTEE) STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 OCTOBER 2022

Note
Cash flows from operating activities
Net cash used in operating activities
10
Cash flows from investing activities
Purchase of tangible fixed assets
Cash flows from financing activities
Increase (decrease) in cash and cash
equivalents in the year
Cash and cash equivalents at the
beginning of the year
Total cash and cash equivalents at the
end of the year		 2022
£
(1,521)
-
-
(1,521)
15,873
14,352		 2021
£
(13,205)
(4,856)
-
(18,061)
33,934
15,873

Page 8

DocuSign Envelope ID: 66CF93D3-5795-4E35-A489-A3C93FF55938

MCSDA LTD (COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

1 . STATEMENT OF ACCOUNTING POLICIES

The following accounting policies have been used consistently in dealing with the items which are considered material to the Charity's affairs.

Basis of preparation of the financial statements

The accounts have been prepared under the Historical Cost Convention, as modified by the revaluation of freehold property and the inclusion of fixed asset investments at market value, and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective January 2015) – (Charities SORP (FRS102)) and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Income and endowments

Income received and invoiced income is accounted for on the accruals basis.

Expenditure

Expenditure is included in the accounts on an accruals basis, inclusive of VAT.

Tangible fixed assets and depreciation

write off the cost less estimated residual value of each asset over its expected useful life as follows:

Fixtures and fittings 20% reducing balance Computer equipment 33% on cost

2
TRADING INCOME
Sales
3
NET INCOME AND ENDOWMENTS FOR THE YEAR
Independent examination fees
4
INFORMATION ON EMPLOYEES
The average monthly number of employees, calculated on a full time
equivalent basis, analysis by function was:
Administration		 Total
Total
2022
2021
£
£
31,904
12,381
31,904
12,381
2022
2021
£
£
1,230
1,230
2022
2021
1
1

Page 9

DocuSign Envelope ID: 66CF93D3-5795-4E35-A489-A3C93FF55938

MCSDA LTD (COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

5
TANGIBLE FIXED ASSETS
Fixtures
&
fittings
2022
Computer
equipment
2022
Total
2022
Cost
£
£
£
Brought forward
Additions
26,023
-
2,150
-
28,173
-
Disposals
-
-
-
Carried forward
26,023
2,150
28,173
Depreciation
Brought forward
13,729
2,150
15,879
Charge for the year
2,459
-
2,459
Carried forward
16,188
2,150
18,338
Net Book Value
At 31 October 2021
9,835
-
9,835
At 31 October 2020
12,294
-
12,294
6
DEBTORS: Amounts falling due within one year
2022
2021
£
£
Taxation and social security
-
76
Other debtors
-
-
-
76
7
CREDITORS: Amounts falling due within one year
2022
2021
£
£
Accruals and deferred income
-
-
Taxation and social security
108
279
Other creditors
18,128
15,572
18,236
15,851
8
RECONCILIATION
OF FUNDS
As at 1
November
2021
Income
Expenditure
As at 31
October
2022
Funds
12,392
31,904
38,345
5,951
12,392
31,904
38,345
5,951		 Fixtures
&
fittings
2022
£
26,023
-
-		 Computer
equipment
2022
Total
2022
£
£
2,150
-
28,173
-
-
-
26,023 2,150
28,173
13,729
2,459		 2,150
15,879
-
2,459
16,188
 2,150
18,338
9,835 -
9,835
12,294 -
12,294

9 DIRECTORS REMUNERATION

G Stringer a company director received remuneration of £10,350 during the year (2021 - £9,264)

Page 10

DocuSign Envelope ID: 66CF93D3-5795-4E35-A489-A3C93FF55938

MCSDA LTD (COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

10
Cash used in operating activities
Net movement in funds
Add back
(Increase) / Decrease in debtors
Increase / (Decrease) in creditors
Depreciation		 2022
2021
£
£
(6,441)
(16,631)
76
(76)
2,385
1,440
2,459
2,062
(1,521)
(13,205)

Page 11

Docusign Envelope ID. 66CF93D&5795-4E35-A489-A3C93FF55938 MANAGEMENT INFORMATION FOR THE YEAR ENDED 31 OCTOBER 2022

DocuSign Envelope ID: 66CF93D3-5795-4E35-A489-A3C93FF55938

MCSDA LTD (COMPANY LIMITED BY GUARANTEE) DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2022

Income and endowments from:
Sales
Other income – COVID grant
Total income and endowments
Expenditure on:
Purchases
Directors’ remuneration
Staff training and welfare
Travel and subsistence
Motor expenses
Business use of home
Rates
Light and heat
Telephone and fax
Postage, stationery and printing
Subscriptions
Insurance
Repairs and maintenance
Sundry expenses
Accountancy
Advertising and PR
Legal and professional fees
Depreciation
Total expenditure
Net surplus for the year		 Total
2022
Total
2021
£
£
31,904
-
6,156
6,225
31,904
12,381
5,597
3,553
10,350
9,264
1,120
-
666
253
5,816
5,806
312
414
2,746
326
3,970
1,789
1,766
1,386
88
184
208
186
779
709
1,168
307
27
71
1,230
1,230
43
1,472
-
-
2,459
2,062
38,345
29,012
(6,441)
(16,631)

Page 12