## The Station Building, Mytholmroyd
Charity number 1174609
## Annual Report and Financial Statements
for the year ended 31 March 2025
## The Station Building, Mytholmroyd
## Annual Report and Financial Statements
for the year ended 31 March 2025
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 4|
|Examiner's report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the accounts|8 to 11|
**Prepared by West Yorkshire Community Accountancy Service CIO**
1
## The Station Building, Mytholmroyd
## Trustees' report for the year ended 31 March 2025
## **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 former Chair (to 31 March 2025) Judith Schofield Treasurer Sarah Grundy Secretary Carol Cole Susan Mitchell Marc Thomas Carolyn Watson Sophie McHale Andrew Pickles Jacqueline Potter Chair (from 1 April 2025) Katie Bates Graham Joyce Andrew Ball
Appointed 14 May 2024
Appointed 18 October 2024
Appointed 15 April 2025 Appointed 19 February 2025 Appointed 19 February 2025 Resigned 3 June 2025 Resigned 1 May 2025 Appointed 15 May 2024 Resigned 15 September 2024
## **Charity number**
1174609
Registered in England and Wales
## **Registered and principal address Bankers**
New Road Lloyds Bank Mytholmroyd Commercial Street West Yorkshire Halifax HX7 5DZ HX1 1BB
## **Independent examiner**
Alan Dodd 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 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 2025
## **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 2025 started with the government Community Ownership Fund – success announced on 22[nd] March with a tight deadline to spend it – by 22 September 2025!
This might seem easy, but there were several areas that needed considering and action before any fundamental refurbishment could start.
The Lease: Following negotiation with the owners Network Rail and our solicitor, this was signed by the CIO trustees Susan and Geoff Mitchell on 25[th] January. A major achievement.
Second floor access: Fire regulations require emergency egress which had to be negotiated with the relevant railway authorities. The building owner Network Rail and the operation train platform by Northern Trains (leased from Network Rail) developed a safe, practical solution together with our architect Jacquie Milham (Architectonic Design Ltd).
Following a tender process, the construction contract was awarded to West End Joinery and Builders of Halifax.
The charity has had continued support from the local community, visitors to/from the trains together with the professionals on the railway and local contractors.
Clearly proud to be associated with the project that is moving towards successful conclusion after nearly 20 years planning and campaigning to save this very special building.
Throughout this traumatic period, Will Young, commercial surveyor of Network Rail has been very supportive of these initiatives.
Likewise, Tim Hedley-Jones from the Railway Heritage Trust and Gerry Firth of the Community Ownership Fund have provided invaluable support and advice.
3
## The Station Building, Mytholmroyd
## Trustees' report (continued) for the year ended 31 March 2025
## **Achievements and performance continued**
Mark Coup the CEO of Welcome Independent Living kindly offered us accommodation at his property on New Road.
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.
During the year we agreed to seek new trustees with specific roles and responsibilities as determined by the Board eg recruitment and training, public relations and media etc and new recruits are making a positive contribution to progress.
Finally, our thanks to the many people who have supported us over the last 8 years or more.
Sympathy was expressed upon learning of the death of founder Trustee, Geoff Wood in September.
Special thanks go to the Trustees who have taken on specific areas/responsibilities especially Judith Scofield as Treasurer. She is renowned for her contribution to local and regional charity/community successful projects.
Likewise, the planned resignation of Chairman Geoff Mitchell at the year end on 31[st] March – coincided with the arrival of Jackie Potter with previous experience in the administration of community art groups.
The composition of the CIO Board gives great confidence that once the refurbishment is complete, the project is going to be a great Public Benefit to Mytholmroyd and region.
## **Financial review**
The net income for the year was £256,774, including net income of £764 on unrestricted funds and net income of £256,010 on restricted funds after transfers.
## **Reserves policy**
The charity's free reserves, excluding fixed assets, at the year end were £2,677.
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 11/11/2025
J Potter (Trustee)
4
## The Station Building, Mytholmroyd
## Independent examiner's report to the trustees of The Station Building, Mytholmroyd
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 March 2025, which are set out on pages 6 to 11.
## **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.
Alan Dodd FCCA
17/12/2025
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
5
## The Station Building, Mytholmroyd
## Statement of Financial Activities
## (including summary income and expenditure account) for the year ended 31 March 2025
|Notes
2025
Unrestricted
funds
£
**Income from:**
Grants and donations
(2)
1,148
Room hire
-
**Total income**
1,148
**Expenditure on:**
Equipment and assets
-
Professional fees
-
Subscriptions
-
Insurance
-
Stationery
-
Maintenance
-
Event materials
-
Catering
-
Independent examination
-
Depreciation
395
**Total expenditure**
395
**Net income / (expenditure)**
753
**Transfers between funds**
11
**Net movement in funds**
764
**Fund balances brought forward**
3,099
**Fund balances carried forward**
(3)
3,863|2025
Restricted
funds
£
293,693
-
293,693
504
34,002
25
175
375
1,488
311
-
792
-
37,672
256,021
(11)
256,010
107,927
363,937|2025
Total
funds
£
294,841
-
294,841
504
34,002
25
175
375
1,488
311
-
792
395
38,067
256,774
-
256,774
111,026
367,800|Restated
2024
Total
funds
£
5,147
50
5,197
1,575
528
673
14
267
133
472
14
-
395
4,071
1,126
-
1,126
109,900
111,026|
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
6
## The Station Building, Mytholmroyd
|Balance sheet
as at 31 March 2025
2025
Unrestricted
£
**Fixed assets**
Tangible assets
(4)
1,186
**Total fixed assets**
1,186
**Current assets**
Debtors and prepayments
(5)
-
Cash at bank and in hand
(6)
2,677
**Total current assets**
2,677
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(7)
-
**Total current liabilities**
-
**Net current assets / (liabilities)**
2,677
**Net assets**
3,863
**Funds**
Unrestricted funds
3,863
Restricted funds
-
**Total funds**
3,863|2025
Restricted
£
-
-
161
364,568
364,729
792
792
363,937
363,937
-
363,937
363,937|2025
Total
£
1,186
1,186
161
367,245
367,406
792
792
366,614
367,800
3,863
363,937
367,800|Restated
2024
Total
£
1,581
1,581
160
109,813
109,973
528
528
109,445
111,026
3,099
107,927
111,026|
|---|---|---|---|
The financial statements were approved by the board of trustees on 11/11/2025
J Potter (Trustee)
7
Notes to the accounts
## The Station Building, Mytholmroyd
## for the year ended 31 March 2025
## **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 (SORP) 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. The previous year's accounts were prepared on the Receipts and Payments basis. In order to satisfy the requirements of the Charities SORP, which requires charities with gross income over £250,000 to prepare their accounts on the accruals basis, the 2025 accounts are prepared on the accruals basis.
The 2024 accounts have accordingly been restated: unrestricted funds have increased by £1,581 and restricted funds reduced by £368, due to the recognition of £1,581 fixed assets, £160 debtors and £528 creditors at 31 March 2024. No other changes have been made to the accounts for previous years.
## **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: Equipment: over 5 years
## **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.
8
## The Station Building, Mytholmroyd
## Notes to the accounts continued
## for the year ended 31 March 2025
|**2 Grants and donations**
Calderdale MBC
Community Rail Network
Community Ownership Fund
Northern Trains
Other donations
**3 Restricted funds**
Arriva
Northern Trains Admin
Northern Trains Open Studios
Community Ownership Fund
Calderdale MBC|Balance b/f
£
10,487
96,614
826
-
-
107,927|2025
Unrestricted
funds
£
-
1,000
-
-
148
1,148
Incoming
£
-
-
-
293,193
500
293,693|2025
Restricted
funds
£
500
-
293,193
-
-
293,693
Outgoing
£
10,306
1,367
815
25,184
-
37,672|2025
Total
funds
£
500
1,000
293,193
-
148
294,841
Transfers
£
-
-
(11)
-
-
(11)|2024
Total
funds
£
-
-
-
4,990
157
5,147
Balance c/f
£
181
95,247
-
268,009
500
363,937|
|---|---|---|---|---|---|
**Fund name** Arriva
Northern Trains Admin
Northern Trains Open Studios
Community Ownership Fund
Calderdale MBC
## **Purpose of restriction**
To facilitate preliminary surveys, consultation and fees for the refurbishment of the station building. To fundraise to ensure the fitting out and use for the community of the station building.
To raise the profile of the station building with various community exhibitions. The unspent balance was transferred to unrestricted reserves. Funding from the Community Ownership Fund through the Ministry of Housing, Communities & Local Government (MHCLG) in order to transform the old station building into a creative centre for the local community. To fund public meetings for local residents to inform them of current developments.
|**Tangible assets**
**Cost**
At 1 April 2024
Additions
At 31 March 2025
**Depreciation**
At 1 April 2024
Charge for year
At 31 March 2025
**Net book value**
At 31 March 2025
At 31 March 2024|£
1,976
-
1,976
395
395
790
1,186
1,581
Equipment|Total
£
1,976
-
1,976
395
395
790
1,186
1,581|
|---|---|---|
## **4 Tangible assets**
9
## The Station Building, Mytholmroyd
## Notes to the accounts continued
## for the year ended 31 March 2025
|**5 Debtors and prepayments**
Prepayments
**6 Cash at bank and in hand**
Cash at bank
**7 Creditors and accruals**
Accruals|2025
£
161
161
2025
£
367,245
367,245
2025
£
792
792|2024
£
160
160
2024
£
109,813
109,813
2024
£
528
528|
|---|---|---|
## **8 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 £nil (2024: £15).
## **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.
10
## The Station Building, Mytholmroyd
## Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2025
|2025
2024
Unrestricted Unrestricted
funds
funds
£
£
**Income**
Grants and donations
1,148
147
Room hire
-
50
**Total income**
1,148
197
**Expenditure**
Equipment and assets
-
-
Professional fees
-
-
Subscriptions
-
-
Insurance
-
-
Stationery
-
-
Maintenance
-
-
Event materials
-
-
Catering
-
-
Independent examination
-
-
Depreciation
395
395
**Total expenditure**
395
395
**Net income / (expenditure)**
753
(198)
**Transfers between funds**
11
1,976
**Net movement in funds**
764
1,778
**Fund balances brought forward**
3,099
1,321
**Fund balances carried forward**
3,863
3,099|2025
Restricted
funds
£
293,693
-
293,693
504
34,002
25
175
375
1,488
311
-
792
-
37,672
256,021
(11)
256,010
107,927
363,937|2024
Restricted
funds
£
5,000
-
5,000
1,575
528
673
14
267
133
472
14
-
-
3,676
1,324
(1,976)
(652)
108,579
107,927|2025
Total
funds
£
294,841
-
294,841
504
34,002
25
175
375
1,488
311
-
792
395
38,067
256,774
-
256,774
111,026
367,800|2024
Total
funds
£
5,147
50
5,197
1,575
528
673
14
267
133
472
14
-
395
4,071
1,126
-
1,126
109,900
111,026|
|---|---|---|---|---|
11