REGISTERED COMPANY NUMBER: 10615980 (England and Wales) REGISTERED CHARITY NUMBER: 1177887
Report of the Trustees and
Financial Statements for the Year Ended 31 March 2022
for
Yorkshire Community And Leisure Complex Limited
Abraham Accountants Sher House 46 Houghton Place Bradford West Yorkshire BD1 3RG
Yorkshire Community And Leisure Complex Limited
Contents of the Financial Statements for the Year Ended 31 March 2022
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 to 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 to 7 |
| Notes to the Financial Statements | 8 to 13 |
| Detailed Statement of Financial Activities | 14 to 15 |
Yorkshire Community And Leisure Complex Limited
Report of the Trustees for the Year Ended 31 March 2022
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 2022. 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
10615980 (England and Wales)
Registered Charity number
1177887
Registered office
Yorkshire Community And Leisure Complex Feather Road Bradford BD3 9DJ
Trustees
Mr Amjad Mahmood Bostan Manager Mr Zaheer Rauf Manager Mr Shahid Bostan Manager Mr Zulfkar Ali Manager
Independent Examiner
Abraham Accountants ACCA Abraham Accountants Sher House 46 Houghton Place Bradford West Yorkshire BD1 3RG
Approved by order of the board of trustees on 7 December 2022 and signed on its behalf by:
Page 1
Yorkshire Community And Leisure Complex Limited
Report of the Trustees for the Year Ended 31 March 2022
Mr Zaheer Rauf - Trustee
Page 2
Independent Examiner's Report to the Trustees of Yorkshire Community And Leisure Complex Limited
Independent examiner's report to the trustees of Yorkshire Community And Leisure Complex Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
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.
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Independent Examiner's Report to the Trustees of Yorkshire Community And Leisure Complex Limited
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:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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; or
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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.
Abraham Accountants ACCA Abraham Accountants Sher House 46 Houghton Place Bradford West Yorkshire BD1 3RG
2 November 2022
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Yorkshire Community And Leisure Complex Limited
Statement of Financial Activities for the Year Ended 31 March 2022
| 2022 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 183,071 Investment income 2 - Total 183,071 EXPENDITURE ON Raising funds 3 198,630 Other - Total 198,630 NET INCOME/(EXPENDITURE) (15,559) RECONCILIATION OF FUNDS Total funds brought forward 29,233 TOTAL FUNDS CARRIED FORWARD 13,674 |
2021 Total funds £ 198,497 2 198,499 199,420 1,440 200,860 (2,361) 31,594 29,233 |
|---|---|
The notes form part of these financial statements
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Yorkshire Community And Leisure Complex Limited
Balance Sheet 31 March 2022
| 2022 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank and in hand 14,135 CREDITORS Amounts falling due within one year 7 (461) NET CURRENT ASSETS 13,674 TOTAL ASSETS LESS CURRENT LIABILITIES 13,674 NET ASSETS 13,674 FUNDS 8 Unrestricted funds 13,674 TOTAL FUNDS 13,674 |
2021 Total funds £ 29,694 (461) 29,233 29,233 29,233 29,233 29,233 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(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.
The notes form part of these financial statements
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continued...
Yorkshire Community And Leisure Complex Limited
Balance Sheet - continued 31 March 2022
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 7 December 2022 and were signed on its behalf by:
Mr Zaheer Rauf - Trustee
The notes form part of these financial statements
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Yorkshire Community And Leisure Complex Limited
Notes to the Financial Statements for the Year Ended 31 March 2022
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.
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.
continued...
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Yorkshire Community And Leisure Complex Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
| 2. INVESTMENT INCOME Interest receivable - trading 3. RAISING FUNDS Raising donations and legacies Support costs Investment management costs Rent collection Aggregate amounts |
2022 £ - 2022 £ 19,688 2022 £ 168,310 198,630 |
2021 £ 2 2021 £ 5,508 2021 £ 182,000 |
2021 £ 2 |
|
|---|---|---|---|---|
| 2021 £ 5,508 |
||||
| 199,420 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
continued...
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Yorkshire Community And Leisure Complex Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 2022 | 2021 | |
|---|---|---|
| Employees | 2 | 2 |
| No employees received emoluments in excess of £60,000. | ||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | |
| Unrestricted | ||
| fund | ||
| £ | ||
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 198,497 | |
| Investment income | 2 | |
| Total | 198,499 | |
| EXPENDITURE ON | ||
| Raising funds | 199,420 | |
| Other | 1,440 | |
| Total | 200,860 | |
| NET INCOME/(EXPENDITURE) | (2,361) | |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | 31,594 | |
| TOTAL FUNDS CARRIED | ||
| FORWARD | 29,233 |
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
continued...
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Yorkshire Community And Leisure Complex Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
| 7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 £ Social security and other taxes 461 8. MOVEMENT IN FUNDS Net movement At 1/4/21 in funds £ £ Unrestricted funds General fund 29,233 (15,559) TOTAL FUNDS 29,233 (15,559) Net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 183,071 (198,630) TOTAL FUNDS 183,071 (198,630) Comparatives for movement in funds Net movement At 1/4/20 in funds £ £ Unrestricted funds General fund 31,594 (2,361) TOTAL FUNDS 31,594 (2,361) |
2021 £ 461 At 31/3/22 £ 13,674 13,674 Movement in funds £ (15,559) (15,559) At 31/3/21 £ 29,233 29,233 |
|---|---|
continued...
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Yorkshire Community And Leisure Complex Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
8. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming Resources resources expended £ £ Unrestricted funds General fund 198,499 (200,860) TOTAL FUNDS 198,499 (200,860) A current year 12 months and prior year 12 months combined position is as follows: Net movement At 1/4/20 in funds £ £ Unrestricted funds General fund 31,594 (17,920) TOTAL FUNDS 31,594 (17,920) |
Movement in funds £ (2,361) (2,361) At 31/3/22 £ 13,674 13,674 |
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 381,570 381,570 |
Resources expended £ (399,490) (399,490) |
Movement in funds £ (17,920) (17,920) |
|---|---|---|---|
continued...
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Yorkshire Community And Leisure Complex Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
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Yorkshire Community And Leisure Complex Limited
| Detailed Statement of Financial Activities for the Year Ended 31 March 2022 INCOME AND ENDOWMENTS Donations and legacies Donations Sales Exceptional items Investment income Interest receivable - trading Total incoming resources EXPENDITURE Other trading activities Wages Investment management costs Rent collection Support costs Management Rates and water Sundries Finance Sundries Bank charges Governance costs Accountancy and legal fees |
2022 £ 111,923 66,261 4,887 183,071 - 183,071 10,632 168,310 6,434 - 6,434 10,669 305 10,974 2,280 |
2021 £ 128,178 50,966 19,353 |
|---|---|---|
| 198,497 2 |
||
| 198,499 11,912 182,000 - 172 |
||
| 172 5,099 237 |
||
| 5,336 1,440 |
This page does not form part of the statutory financial statements
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Yorkshire Community And Leisure Complex Limited
Detailed Statement of Financial Activities for the Year Ended 31 March 2022
| Total resources expended Net expenditure |
2022 £ 198,630 (15,559) |
2021 £ 200,860 (2,361) |
|---|---|---|
This page does not form part of the statutory financial statements
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