REGISTERED COMPANY NUMBER: 10615980 (England and Wales) REGISTERED CHARITY NUMBER: 1177887
Report of the Trustees and
Financial Statements for the Year Ended 31 March 2024
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 2024
| 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 12 |
| Detailed Statement of Financial Activities | 13 to 14 |
Yorkshire Community And Leisure Complex Limited
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
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 Abraham Accountants Sher House 46 Houghton Place Bradford West Yorkshire BD1 3RG
Approved by order of the board of trustees on 4 September 2024 and signed on its behalf by:
Page 1
Yorkshire Community And Leisure Complex Limited
Report of the Trustees for the Year Ended 31 March 2024
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 2024.
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.
Page 3
Independent Examiner's Report to the Trustees of Yorkshire Community And Leisure Complex Limited
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
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 as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those 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; or
-
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
Abraham Accountants Sher House 46 Houghton Place Bradford West Yorkshire BD1 3RG
Date: .............................................
Page 4
Yorkshire Community And Leisure Complex Limited
Statement of Financial Activities for the Year Ended 31 March 2024
| 2024 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 339,020 EXPENDITURE ON Raising funds 2 328,156 NET INCOME 10,864 RECONCILIATION OF FUNDS Total funds brought forward 22,003 TOTAL FUNDS CARRIED FORWARD 32,867 |
2023 Total funds £ 218,379 |
|---|---|
| 210,050 | |
| 8,329 13,674 |
|
| 22,003 |
The notes form part of these financial statements
Page 5
Yorkshire Community And Leisure Complex Limited
Balance Sheet 31 March 2024
| 2024 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank and in hand 33,053 CREDITORS Amounts falling due within one year 6 (186) NET CURRENT ASSETS 32,867 TOTAL ASSETS LESS CURRENT LIABILITIES 32,867 NET ASSETS 32,867 FUNDS 7 Unrestricted funds 32,867 TOTAL FUNDS 32,867 |
2023 Total funds £ 22,155 (152) 22,003 22,003 22,003 22,003 22,003 |
|---|---|
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.
The notes form part of these financial statements
Page 6
continued...
Yorkshire Community And Leisure Complex Limited
Balance Sheet - continued 31 March 2024
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 4 September 2024 and were signed on its behalf by:
Mr Zaheer Rauf - Trustee
The notes form part of these financial statements
Page 7
Yorkshire Community And Leisure Complex Limited
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.
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 2024
2. RAISING FUNDS
Raising donations and legacies
| Support costs Investment management costs Rent collection Property repairs Aggregate amounts |
2024 £ 37,988 2024 £ 287,662 2,506 290,168 328,156 |
2023 £ 9,650 2023 £ 200,400 - |
2023 £ 9,650 |
|---|---|---|---|
| 200,400 | |||
| 210,050 |
3. 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.
4. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Employees No employees received emoluments in excess of £60,000. |
2024 3 |
2023 - |
|---|---|---|
continued...
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Yorkshire Community And Leisure Complex Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | ||||
|---|---|---|---|---|
| fund | ||||
| £ | ||||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 218,379 | |||
| EXPENDITURE ON | ||||
| Raising funds | 210,050 | |||
| NET INCOME | 8,329 | |||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 13,674 | |||
| TOTAL FUNDS CARRIED | ||||
| FORWARD | 22,003 | |||
| 6. | CREDITORS: AMOUNTS FALLING DUE | WITHIN ONE YEAR | ||
| 2024 | 2023 | |||
| £ | £ | |||
| Social security and other taxes | 186 | 152 | ||
| 7. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1/4/23 | in funds | 31/3/24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 22,003 | 10,864 | 32,867 | |
| TOTAL FUNDS | 22,003 | 10,864 | 32,867 |
continued...
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Yorkshire Community And Leisure Complex Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
7. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement |
|---|---|---|
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 339,020 |
(328,156) | 10,864 |
| TOTAL FUNDS 339,020 |
(328,156) | 10,864 |
| Comparatives for movement in funds | ||
| Net | ||
| movement | At | |
| At 1/4/22 | in funds | 31/3/23 |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 13,674 |
8,329 | 22,003 |
| TOTAL FUNDS 13,674 |
8,329 | 22,003 |
| Comparative net movement in funds, included in the above are as follows: | ||
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 218,379 |
(210,050) | 8,329 |
| TOTAL FUNDS 218,379 |
(210,050) | 8,329 |
continued...
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Yorkshire Community And Leisure Complex Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| At 1/4/22 £ Unrestricted funds General fund 13,674 TOTAL FUNDS 13,674 A current year 12 months and prior year 12 months combined included in the above are as follows: Incoming resources £ Unrestricted funds General fund 557,399 TOTAL FUNDS 557,399 |
Net movement At in funds 31/3/24 £ £ 19,193 32,867 19,193 32,867 net movement in fund Resources Movement expended in funds £ £ (538,206) 19,193 (538,206) 19,193 |
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
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Yorkshire Community And Leisure Complex Limited
| Detailed Statement of Financial Activities for the Year Ended 31 March 2024 INCOME AND ENDOWMENTS Donations and legacies Donations Grants Sales Total incoming resources EXPENDITURE Investment management costs Rent collection Property repairs Support costs Management Wages Rates and water Insurance Postage and stationery Finance Sundries Bank charges Governance costs Accountancy and legal fees Carried forward |
2024 £ 170,770 10,250 158,000 339,020 339,020 287,662 2,506 290,168 15,344 9,087 266 346 25,043 8,919 976 9,895 1,440 1,440 |
2023 £ 122,379 - 96,000 |
|---|---|---|
| 218,379 | ||
| 218,379 200,400 - |
||
| 200,400 - 7,100 - - |
||
| 7,100 358 752 |
||
| 1,110 1,440 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 2024
| Detailed Statement of Financial Activities for the Year Ended 31 March 2024 |
||
|---|---|---|
| Governance costs Brought forward Legal fees Total resources expended Net income |
2024 £ 1,440 1,610 3,050 328,156 10,864 |
2023 £ 1,440 - |
| 1,440 | ||
| 210,050 | ||
| 8,329 |
This page does not form part of the statutory financial statements
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