Docusign Envelope ID: A8C6EEA2-2F0E-4202-8F33-044EB66E8779 **Company Registration No 09262990 (England and Wales)** **MCSDA LTD (COMPANY LIMITED BY GUARANTEE)** **DIRECTORS’ REPORT AND FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 OCTOBER 2024** Docusign Envelope ID: A8C6EEA2-2F0E-4202-8F33-044EB66E8779 ## **MCSDA LTD** ## **(COMPANY LIMITED BY GUARANTEE)** F **INANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024** |**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: A8C6EEA2-2F0E-4202-8F33-044EB66E8779 **MCSDA LTD (COMPANY LIMITED BY GUARANTEE) DIRECTORS’ REPORT FOR THE YEAR ENDED 31 OCTOBER 2024** The directors present their annual report and accounts for the year ended 31 October 2024. ## _**Reference & Administrative Details**_ The Charity: MCSDA LTD Charity Number: 1164748 Company registration Number: 09262990 Address: Bedford House 60 Chorley New Road Bolton BL1 4DA ## **DIRECTORS** Gary Stringer Kevin Charles Stringer Mark Jonathan Cooper ## **INDEPENDENT EXAMINERS** Cowgills 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: A8C6EEA2-2F0E-4202-8F33-044EB66E8779 **(COMPANY LIMITED BY GUARANTEE) DIRECTORS’ REPORT FOR THE YEAR ENDED 31 OCTOBER 2024** ## **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 and Performance MCSDA Ltd has shown a marked recovery from our closure due to the pandemic, as public confidence has increased, numbers attending our classes and facilities and making use of our facilities have increased accordingly. There has been a rise in both recruitment and retention, in particular. Our ASP (Self Protection for Women and Girls) which we run in support of Ending Violence against Women and Girls initiative. Numbers have also increased in out SD4K (Self Defence for Kids) classes as well as our Cadet and Senior Training Programs. This is despite continued market pressures, cost of living and local competition from other providers. We collect our subscriptions via a subscription service which is the most efficient way of gathering payments on a regular basis. We remain committed to being competitive and affordable in our pricing to enable as many people as possible to access our services. We continue to implement relaxed Covid protective protocols. We have once again delivered our Fear Fighter Workshop and a Karate for Mental Health Workshop, both events were well supported and sign-posted attendees to relevant resources or organisations. Having 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 have delivered ten ‘Hands Off’ (Break-away) courses to various organisations and charities across the city, including Derby City Mission, Derby Homelessness Dept of Derby City Council, Milestone House (Drug rehabilitation centre), Derby Environmental Health Officers, Derby County Community Trust Volunteers and Staff. We have provided facilities for Coach training for British Wrestling Association, two open martial arts courses, and a National Aikido Course, as well as hosting our annual International Course. We also hosted the Institute for Martial Arts Sciences (IMAS) end of year course, which also featured disabled Instructors and participants. We are also currently hosting a Karate class for people with mental and physical disabilities, this is a twelveweek trial with a view to making it a permanent class on our roster. We also linked up with the Lilian Prime MS Centre and provided a Personal Safety / Self Protection workshop, this event is due to be repeated next year and is aimed at people who have MS and other disabilities. All events were open to anyone and were well supported with people attending from the U.S, Denmark and all parts of the UK. These events have greatly raised our profile and local presence which in turn, helps us to provide more training opportunities for the local community. There has been no negative events or serious injuries or incidents to report. Page 2 Docusign Envelope ID: A8C6EEA2-2F0E-4202-8F33-044EB66E8779 **MCSDA LTD (COMPANY LIMITED BY GUARANTEE) DIRECTORS’ REPORT FOR THE YEAR ENDED 31 OCTOBER 2024** We maintain our 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. There has been no negative events or serious injuries or incidents to report. ## _**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 (£5,667) (2023: (£1,010). ## **Plans for the Future** Our plans to address the issue with small leaks in our roof remain on hold 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. We did need to replace heaters in the small training area as a matter of urgency as one failed. The Domestic Violence Project remains on hold at this time due to the pressures of work being experienced by the group we were partnering with, it is envisaged we will continue at some point in the future, although at the time of compiling this report, no firm date has been set. We continue to explore possible partnerships with other organisations and charities to expand our sphere of influence and to reach a wider demographic. We are exploring the viability of applying for Lottery Funding so that we can establish either a supported training program or a scholarship type of program to assist lowincome families further to access our classes. This application process is in its infancy at the time of compiling this report as we gather evidence and attend meetings with people in our industry that have been successful in acquiring lottery funding for their activities. 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. Our support for other, local martial arts clubs continues with Wrestling, Karate, Karate for SEND, Aikido AND Yoga 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. Page 3 Docusign Envelope ID: A8C6EEA2-2F0E-4202-8F33-044EB66E8779 ## _**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. ## **MCSDA LTD** ## **(COMPANY LIMITED BY GUARANTEE)** ## **DIRECTORS’ REPORT FOR THE YEAR ENDED 31 OCTOBER 2024** ## **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: - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; and - prepare the financial statements on the mcs basis unless it is inappropriate to presume that the company will continue on that basis. 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** Cowgills 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** 24/7/2025 | 5:56 AM PDT This report was approved by the directors on ……………… and signed on their behalf. G Stringer Director Page 4 Docusign Envelope ID: A8C6EEA2-2F0E-4202-8F33-044EB66E8779 ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF MCSDA LTD FOR THE YEAR ENDED 31 OCTOBER 2024** I report on the accounts of the company for the year ended 31 October 2024, 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: - accounting records were not kept in respect of the company required by section 386 of the 2006 Act; or - the accounts do not accord with those accounting records; or - the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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. - the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. 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. **D Smith FCCA Bedford House 60 Chorley New Road Bolton BL1 4DA** **DATE:** 25/7/2025 | 8:35 AM BST Page 5 Docusign Envelope ID: A8C6EEA2-2F0E-4202-8F33-044EB66E8779 ## **MCSDA LTD** ## **(COMPANY LIMITED BY GUARANTEE)** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNTS) FOR THE YEAR ENDED 31 OCTOBER 2024** |**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**
**2024**
**2023**
**£**
**£**
39,552
32.812| |---|---| ||**39,552**
**32,812**
44,209
39,773| ||**44,209**
**39,773**
(4,657)
(6,961)
(1,010)
5,951| ||**(5,667)**
**(1,010)**| 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: A8C6EEA2-2F0E-4202-8F33-044EB66E8779 ## **MCSDA LTD (COMPANY LIMITED BY GUARANTEE) BALANCE SHEET FOR THE YEAR ENDED 31 OCTOBER 2024** |**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**|**2024**
**£**
**£**
7,384
10,939
-
10,939
(23,990)
(13,051)
**(5,667)**
(5,667)
**(5,667)**|**2024**
**£**
**£**
7,384
10,939
-
10,939
(23,990)
(13,051)
**(5,667)**
(5,667)
**(5,667)**|**2023**
**£**
**£**
7,868
11,935
-
11,935
(20,813)
(8,878)
**(1,010)**
(1,010)
**(1,010)**|**2023**
**£**
**£**
7,868
11,935
-
11,935
(20,813)
(8,878)
**(1,010)**
(1,010)
**(1,010)**| |---|---|---|---|---| ||10,939
(23,990)||11,935
(20,813)|| |||||| |||**(5,667)**||**(1,010)**| |||(5,667)||(1,010)| |||**(5,667)**||**(1,010)**| For the financial year ended 31 October 2024 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: - The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. - The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. 24/7/2025 | 5:56 AM PDT Approved by the board of directors on…………………. and signed on their behalf by: **G Stringer Director** Page 7 Docusign Envelope ID: A8C6EEA2-2F0E-4202-8F33-044EB66E8779 ## **MCSDA LTD (COMPANY LIMITED BY GUARANTEE) STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 OCTOBER 2024** |**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|**2024**
**£**
631
(1,627)
-
(996)
11,935
10,939|**2023**
**£**
(2,417)
-
-| |---|---|---| |||(2,417)| |||14,352| |||11,935| Page 8 Docusign Envelope ID: A8C6EEA2-2F0E-4202-8F33-044EB66E8779 **(COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024** ## **MCSDA LTD** ## **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 £. ## **Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue their charitable activities for the foreseeable future. Thus the trustees have adopted the going concern basis of accounting in preparing the financial statements. ## **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**
**2024**
**2023**
**£**
**£**
39,552
32,812| |---|---|---| |||39,552
32,812| |||**2024**
**2023**
**£**
**£**
1,200
1,230| |||**2024**
**2023**
1
1| Page 9 Docusign Envelope ID: A8C6EEA2-2F0E-4202-8F33-044EB66E8779 ## **MCSDA LTD (COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024** |**5**
**TANGIBLE FIXED ASSETS**
**Cost**
Brought forward
Additions
Disposals
Carried forward
**Depreciation**
Brought forward
Charge for the year
Carried forward
**Net Book Value**
At 31 October 2024
At 31 October 2023
**6**
**DEBTORS: Amounts falling due within one year**
Taxation and social security
Other debtors|**Fixtures**
**&**
**fittings**
**2024**
**£**
26,023
-
-|**Computer**
**equipment**
**2024**
**Total**
**2024**
**£**
**_£_**
2,150
1,627
28,173
1,627
-
-| |---|---|---| ||26,023|3,777
29,800| ||18,155
1,574|2,150
20,305
537
2,111| ||19,729
|2,687
22,416| |||| ||6,294|1,090
7,384| ||7,868|-
7,868| |||**2024**
**2023**
**£**
**£**
-
-
-
-
**-**
**-**| |**7**|**CREDITORS: Amounts falling due within one year**|**CREDITORS: Amounts falling due within one year**|**CREDITORS: Amounts falling due within one year**||**2024**|**2023**| |---|---|---|---|---|---|---| ||||||**£**|**£**| ||Accruals and deferred|income|||-|-| ||Taxation and social security||||204|373| ||Other creditors||||23,786|20,440| ||||||**23,990**|**20,813**| |**8**|**RECONCILIATION**|**As at 01**|**Income**|**Expenditure**|**As at 31**|| ||**OF FUNDS**|**November**|||**October**|| |||**2023**|||**2024**|| ||Funds|(1,010)|39,552|(44,209)|(5,667)|| |||**(1,010)**|**39,552**|**(44,209)**|**(5,667)**|| ## **9 DIRECTORS REMUNERATION** G Stringer a company director received remuneration of £10,605 during the year (2023 - £10,334) Page 10 Docusign Envelope ID: A8C6EEA2-2F0E-4202-8F33-044EB66E8779 ## **MCSDA LTD (COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024** |**10**
**Cash used in operating activities**
Net movement in funds
Add back
(Increase) / Decrease in debtors
Increase / (Decrease) in creditors
Depreciation|**2024**
**2023**
**£**
**£**
(4,657)
(6,961)
-
-
3,177
2,577
2,111
1,967| |---|---| ||**631**
**(2,471)**| Page 11 Docusign EnvelopÈ ID". A8C6EEA2-2FOE4202-8F3U44EB66E8779 MANAGEMENT INFORMATION FOR THE YEAR ENDED 31 OCTOBER 2024 Docusign Envelope ID: A8C6EEA2-2F0E-4202-8F33-044EB66E8779 ## **MCSDA LTD** ## **(COMPANY LIMITED BY GUARANTEE) DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2024** |**Income and endowments from:**
Sales
**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
Entertaining
Accountancy
Advertising and PR
Legal and professional fees
Depreciation
**Total expenditure**
**Net surplus for the year**|**Total**
**2024**
**Total**
**2023**
**£**
**£**
39,552
32,812| |---|---| ||**39,552**
**32,812**| ||5,920
8,578
10,605
10,334
-
-
1,280
1,325
5,107
5,646
312
312
810
677
6,954
5,136
2,865
2,191
230
174
458
206
781
846
1,779
170
-
81
1,099
-
1,200
1,230
2,698
900
-
-
2,111
1,967| ||**44,209**
**39,773**| ||| ||**(4,657)**
**(6,961)**| Page 12