## The Station Building, Mytholmroyd
Charity number 1174609
Annual Report and Financial Statements
for the year ended 31 March 2024
## The Station Building, Mytholmroyd
Annual Report and Financial Statements for the year ended 31 March 2024
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 4|
|Receipts and payments account|5|
|Statement of assets and liabilities|6|
|Notes to the accounts|7 to 8|
**Prepared by West Yorkshire Community Accountancy Service CIO**
1
## The Station Building, Mytholmroyd
## 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 Dates** Geoff Mitchell Chair Judith Schofield Treasurer Sarah Grundy Secretary Katie Bates Carol Cole Graham Joyce Susan Mitchell Marc Thomas Carolyn Watson Andrew Ball
Appointed 14 May 2024
Appointed 18 October 2024
Appointed 15 May 2024 Resigned 15 September 2024
**Charity number** 1174609 **Registered and principal address Bankers** New Road Lloyds Bank Mytholmroyd Commercial Street West Yorkshire Halifax HX7 5DZ HX1 1BB
Registered in England and Wales
## **Accountants**
## **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 12 September 2017 and is governed by a constitution.
## **Method of recruitment and appointment of trustees**
The trustees of the charity are appointed by the trustees at a duly convened meeting.
2
## The Station Building, Mytholmroyd
## Trustees' report (continued) for the year ended 31 March 2024
## **Objectives and activities**
## **The charity's objects**
The Objects of the CIO are, for the public benefit:
1) To further or benefit the residents of Mytholmroyd and the neighbourhood, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents.
In furtherance of these objects but not otherwise, the trustees shall have power:
To establish or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a centre for activities promoted by the charity in furtherance of the above objects
2) To advance the education of the public in the history of The Station Building, Mytholmroyd.
## **The charity's main activities**
To transform the station building at Mytholmroyd into space for local artists with a 'warm space' for community groups.
## **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 education, culture and community development.
## **Achievements and performance**
The Year ending 31 March 2024 started as it finished with the government Community Ownership Fund.
Two unsuccessful applications were disheartening but the Trustees agreed for a final attempt. This was strengthened by the intervention of the national charity – Locality UK and in particular, their expert representative Lucy Darragh.
She was provided invaluable advice on how to co-ordinate all the information required on the application form.
We were grateful for the professional assistance from Northern managers Carolyn Watson and Joe McTigue along with the experience of the trustees.
March 22[nd] was OUTCOME date – **Success!**
That was just the start however – more paperwork and forms to fill – with deadline to spend the COF by 22 March 2025.
This might seem easy, but still no Lease. Waiting a decision on access to/from the Northern platform. The charity Chair will be the ‘Single Controlling Mind’ for communications to Network Rail etc.
In addition to the very welcome COF, we joined the **Easyfundraising** whereby major retail business contribute a donation to our charity when we order from them. So far, nine supporters have raised £261 for our charity – at no cost to those supporters.
Through the inspiration of Trustees, Nicky King, Sarah Grundy and Katie Bates a very successful **EVENT** took place over two weekends in early July. Katie arranged workshops for ceramics and Nicky (with help of 30 members of the community) produced a spectacular Wall Hanging based on the 150 years of the Station Building. Thanks to the Shoulder of Mutton for the room.
The overall interest by the local community was appreciated by the trustees who are spending a considerable amount of their time planning for this community project. Sarah harnessed this interest and has a record for a Friends of Station Building group.
3
## The Station Building, Mytholmroyd
## Trustees' report (continued) for the year ended 31 March 2024
## **Achievements and performance (continued)**
Phil Hawden invited the trustees to visit the ‘Fire and Water’ project he is leading at the former Sowerby Bridge council premises. All very encouraging.
Will Young, surveyor of Network Rail has been very supportive of these initiatives – subject to their conditions.
In addition to the hospitality received from the Church of the Good Shepherd for trustee meetings, Mark Coup the CEO of Welcome Independent Living kindly offered us accommodation at his property on New Road.
Agreed to seek new trustees with specific roles and responsibilities as determined by the Board eg recruitment and training, public relations and media etc.
Finally, our thanks to the many people who have supported us over the last 8 years or more. Andrew Curran and Will Young from Network Rail together with Tim Hedley-Jones from the Railway Heritage Trust have provided invaluable support.
Without the professional help and advice from architect Jacquie Milham, this project would not have been as successful. We continue to be indebted to Jacquie for her leadership through the present project management stages.
## **Financial review**
The net payments for the year were £87, including net receipts of £197 on unrestricted funds and net payments of £284 on restricted funds after transfers.
## **Reserves policy**
The charity's free reserves, at the year end were £1,518.
We do not currently have a formal reserves policy. All funds are held to achieve our objective of refurbishing the former station building at Mytholmroyd into a buoyant creative community hub.
Approved by the board of trustees on 11/12/2024
Geoff Mitchell (Trustee)
4
## The Station Building, Mytholmroyd
## Receipts and payments account for the year ended 31 March 2024
|Notes
2024
Unrestricted
funds
£
**Receipts**
Grants and donations
(2)
147
Room hire
50
**Total receipts**
197
**Payments**
Equipment and assets
-
Professional fees
-
Subscriptions
-
Advertising
-
Insurance
-
Stationery
-
Maintenance
-
Event materials
-
Catering
-
Donations
-
**Total payments**
-
**Net receipts / (payments)**
197
**Fund balances brought forward**
1,321
**Fund balances carried forward**
(3)
1,518|2024
Restricted
funds
£
5,000
-
5,000
3,551
-
673
-
174
267
133
472
14
-
5,284
(284)
108,579
108,295|2024
Total
funds
£
5,147
50
5,197
3,551
-
673
-
174
267
133
472
14
-
5,284
(87)
109,900
109,813|2023
Total
funds
£
-
-
-
-
300
625
108
261
131
-
-
7
10
1,442
(1,442)
111,342
109,900|
|---|---|---|---|
5
## The Station Building, Mytholmroyd
## Statement of assets and liabilities
|as at 31 March 2024
2024
Unrestricted
£
**Cash funds**
Cash at bank
1,518
**Total cash funds**
1,518|2024
Restricted
£
108,295
108,295|2024
Total
£
109,813
109,813|2023
Total
£
109,900
109,900|
|---|---|---|---|
|**Assets retained for the charity's own use**
Display boards
Table and chairs
Ramp
Lighting and lighting stands
**Liabilities**
Accruals|2024
£
528
528|
|---|---|
The financial statements were approved by the board of trustees on 11/12/2024
Geoff Mitchell (Trustee)
6
## The Station Building, Mytholmroyd
## Notes to the accounts
for the year ended 31 March 2024
## **1 Accounting policies**
## **Basis of accounting**
The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.
There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
## **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.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
7
## The Station Building, Mytholmroyd
## Notes to the accounts continued
## for the year ended 31 March 2024
|**2 Grants and donations**
Northern Trains
Other donations
**3 Restricted funds**
Northern Trains Open Studios
Northern Trains Admin
Arriva|Balance b/f
£
(108)
98,200
10,487
108,579|2024
Unrestricted
funds
£
-
147
147
Incoming
£
4,990
10
-
5,000|2024
Restricted
funds
£
4,990
10
5,000
Outgoing
£
4,056
1,228
-
5,284|2024
Total
funds
£
4,990
157
5,147
Transfers
£
-
-
-
-|2023
Total
funds
£
-
-
-
Balance c/f
£
826
96,982
10,487
108,295|
|---|---|---|---|---|---|
## **Fund name Purpose of restriction**
Northern Trains Open Studios To raise the profile of the station building with various community exhibitions
Northern Trains Admin To fundraise to ensure the fitting out and use for the community of the station building
Arriva To facilitate preliminary surveys, consultation and fees for the refurbishment of the station building
## **4 Related party transactions**
## **Donations from trustees and related parties**
The total aggregate value of unconditional donations to the charity from the trustees or related parties was £15 (2023: £nil).
## **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.
8