**REGISTERED COMPANY NUMBER: CE013551 (England and Wales) REGISTERED CHARITY NUMBER: 1177578**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31 March 2024**
**for**
**Oatlands Community Centre CIO**
**Oatlands Community Centre CIO**
## **Contents of the Financial Statements for the Year Ended 31 March 2024**
|||**Page**|
|---|---|---|
|**Report of the Trustees**||1|
|**Independent Examiner's Report**||2|
|**Statement of Financial Activities**||3|
|**Balance Sheet**|4|to 5|
|**Notes to the Financial Statements**|6|to 11|
|**Detailed Statement of Financial Activities**||12|
**Oatlands Community Centre CIO**
## **Report of the Trustees for the Year Ended 31 March 2024**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
CE013551 (England and Wales)
**Registered Charity number** 1177578
## **Registered office**
Oatlands Pre School Mount Street Harrogate HG2 8DQ
## **Trustees**
Ms C Temple J Watson E Tankard V A Smith-Dunn
## **Independent Examiner**
Approved by order of the board of trustees on 12 September 2024 and signed on its behalf by:
Ms C Temple - Trustee
Page 1
**Independent Examiner's Report to the Trustees of Oatlands COMMUNITY Centre CIC, Charity Registration Number**
## **For the year ended 31[st] March 2024**
## **Responsibilities and Basis of Report**
The Charity Trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”). The Charity Trustees consider that the audit requirement of Section 144 of the Act does not apply and that an independent examination is needed.
I report solely on the provided accounts for year ending 31[st] March 2024) of Oatlands Community Centre CIO which are set out within the pages of these accounts
My examination was carried out in accordance with the general directions given by the Charity Commission under Section 145(5)(b) of the Act and in accordance with guidance set out in their publication CC32, “Independent Examination of Charity Accounts” and following all procedures laid down in the general directions given by the Charity Commission (under section 145 (5) (b) of the 2011 Act.
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 considering any unusual items or disclosures in the accounts and seeking explanations from trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the accounts.
## **Independent Examiner’s Report to the Trustees of Oatlands Community Centre CIC**
In the course of my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that in any material respect:
a) the accounting records were not kept in accordance with Section 130 of the Act; or
b) the accounts do not accord with those records; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Scope of Work**
My examination involved the following:
1.
2. Comparing the accounts with the underlying records.
3. Considering whether the accounts comply with the accounting policies stated and any applicable requirements of the Charities Statement of Recommended Practice (SORP).
4. necessary.
## **Conclusion**
disclosure under Section 145(5)(b) of the Charities Act 2011. I am satisfied that the accounts comply with the relevant statutory requirements and provide a true and fair view of the financial position of the charity as at year end 31[st] March 2024.
## **Declaration**
This report is made solely to the charity’s trustees as a body, in accordance with Section 145 of the Act. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work or for this report.
Signed:
Name: Emma Stewart, Independent Examiner Date : 19th December 2024
**Oatlands Community Centre CIO**
## **Statement of Financial Activities for the Year Ended 31 March 2024**
|**Statement of Financial Activities**
**for the Year Ended 31 March 2024**|||||
|---|---|---|---|---|
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Community Centre Hire
Other trading activities
2
Investment income
3
**Total**
**EXPENDITURE ON**
**Charitable activities**
Community Centre Hire
**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
60,960
12,969
3,568
751
78,248
24,889
53,359
106,593
159,952|Restricted
fund
£
-
-
-
-
-
-
-
1,448
1,448|2024
Total
funds
£
60,960
12,969
3,568
751
78,248
24,889
53,359
108,041
161,400|2023
Total
funds
£
5,151
17,008
2,756
256|
|||||25,171|
|||||11,774|
|||||13,397
94,644|
|||||108,041|
The notes form part of these financial statements
Page 3
**Oatlands Community Centre CIO**
## **Balance Sheet 31 March 2024**
|Notes
**FIXED ASSETS**
Tangible assets
7
**CURRENT ASSETS**
Cash at bank
**CREDITORS**
Amounts falling due within one year
8
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**CREDITORS**
Amounts falling due after more than one year
9
**NET ASSETS**
**FUNDS**
11
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
110,376
49,576
-
49,576
159,952
-
159,952|Restricted
fund
£
-
1,448
-
1,448
1,448
-
1,448|2024
Total
funds
£
110,376
51,024
-
51,024
161,400
-
161,400
159,952
1,448
161,400|2023
Total
funds
£
108,350
41,954
(2,000)
39,954
148,304
(40,263)
108,041
106,593
1,448
108,041|
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
## The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 12 September 2024 and were signed on its behalf by:
C Temple - Trustee
The notes form part of these financial statements
continued...
Page 4
**Oatlands Community Centre CIO**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. OTHER TRADING ACTIVITIES**
|Fundraising events|2024
£
3,568|2023
£
2,756|
|---|---|---|
continued...
Page 5
**Oatlands Community Centre CIO**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2024**
## **3. INVESTMENT INCOME**
|Deposit account interest|2024
£
751|2023
£
256|
|---|---|---|
## **4. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
|Depreciation - owned assets|2024
£
675|2023
£
-|
|---|---|---|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - 31 MARCH 2022**
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Community Centre Hire
Other trading activities
Investment income
**Total**
**EXPENDITURE ON**
**Charitable activities**
Community Centre Hire
**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
5,151
8,439
2,756
256
16,602
4,653
11,949
94,644
106,593|Restricted
fund
£
-
8,569
-
-
8,569
7,121
1,448
-
1,448|Total
funds
£
5,151
17,008
2,756
256|
|---|---|---|---|
||||25,171|
||||11,774|
||||13,397
94,644|
||||108,041|
continued...
Page 6
**Oatlands Community Centre CIO**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2024**
|**7.**
**TANGIBLE FIXED ASSETS**
Freehold
property
£
**COST**
At 1 April 2023
108,350
Additions
-
At 31 March 2024
108,350
**DEPRECIATION**
Charge for year
-
**NET BOOK VALUE**
At 31 March 2024
108,350
At 31 March 2023
108,350
**8.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other loans (see note 10)
**9.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Other loans (see note 10)
**10.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Other loans
Amounts falling between one and two years:
Other loans - 1-2 years
Amounts falling due between two and five years:
Other loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Other loans more 5yrs instal|||Fixtures
and
fittings
£
-
2,701
2,701
675
2,026
-
2024
£
-
2024
£
-
2024
£
-
-
-
-||Totals
£
108,350
2,701|Totals
£
108,350
2,701|
|---|---|---|---|---|---|---|
||||||111,051||
||||||675||
||||||110,376||
||||||108,350||
|||||||2023
£
2,000|
|||||||2023
£
40,263|
|||||||2023
£
2,000|
|||||||2,000|
|||||||6,000|
|||||||32,263|
continued...
Page 7
**Oatlands Community Centre CIO**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2024**
## **11. MOVEMENT IN FUNDS**
|**Unrestricted funds**
Designated funds
**Restricted funds**
Restricted
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
Designated funds
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
Designated funds
**Restricted funds**
Restricted
**TOTAL FUNDS**||At 1.4.23
£
106,593
1,448
108,041
Incoming
resources
£
78,248
78,248
At 1.4.22
£
94,644
-
94,644||Net
movement
in funds
£
53,359
-
53,359
Resources
expended
£
(24,889)
(24,889)
Net
movement
in funds
£
11,949
1,448
13,397|At
31.3.24
£
159,952
1,448
161,400
Movement
in funds
£
53,359
53,359
At
31.3.23
£
106,593
1,448
108,041|
|---|---|---|---|---|---|
|||||||
|||||||
continued...
Page 8
**Oatlands Community Centre CIO**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2024**
## **11. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
Designated funds
**Restricted funds**
Restricted
**TOTAL FUNDS**|Incoming
resources
£
16,602
8,569
25,171|Resources
Movement
expended
in funds
£
£
(4,653)
11,949
(7,121)
1,448
(11,774)
13,397|
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
Designated funds
**Restricted funds**
Restricted
**TOTAL FUNDS**|At 1.4.22
£
94,644
-
94,644|Net
movement
in funds
£
65,308
1,448
66,756|At
31.3.24
£
159,952
1,448
161,400|
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
Designated funds
**Restricted funds**
Restricted
**TOTAL FUNDS**|Incoming
resources
£
94,850
8,569
103,419|Resources
Movement
expended
in funds
£
£
(29,542)
65,308
(7,121)
1,448
(36,663)
66,756|
|---|---|---|
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2024.
continued...
Page 9
**Oatlands Community Centre CIO**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2024**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts
Donations
**Other trading activities**
Fundraising events
**Investment income**
Deposit account interest
**Charitable activities**
Community Centre Hire
Grants
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages
Insurance
Light and heat
Telephone
Sundries
Professional Services
Subscriptions
Fundraising expenses
Repairs & maintenance
Depreciation of tangible fixed assets
Bank interest
Total resources expended
**Net income**|2024
£
-
60,960
60,960
3,568
751
12,969
-
12,969
78,248
-
1,747
11,320
815
1,054
1,468
318
-
6,122
675
1,370
24,889
24,889
53,359|2023
£
1
5,150
5,151
2,756
256
8,439
8,569
17,008
25,171
(9,590)
1,537
6,242
569
1,759
902
289
7,255
-
-
2,811
11,774
11,774
13,397|
|---|---|---|
This page does not form part of the statutory financial statements
Page 10