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||||||PAGE|
|---|---|---|---|---|---|
|Trustees'
annual
report||||||
|Independent|examiner's|report to the trustees||||
|Consolidated|statement|offinancial|activities (including|income and||
|expenditure|account)|||||
|Consolidated|statement|offinancial|position|||
|Notes to the|consolidated|financial|statements||12|
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|Registered|charity|name|The Horsfall
Community|The Horsfall
Community|Trust|
|---|---|---|---|---|---|
|Charity registration||number|1179447|||
|Principal office|||Horsfall
Community|Stadium||
||||Cemetery
Road|||
||||Bradford|||
||||BD62NG|||
|The Trustees|||Ms S L Worsley|||
||||Mr PArmitage|||
||||Mr A Hurst|||
||||Mr RClunas|||
||||Mr G Roberts|||
|Independent|Examiner||EA Short BFPFCA|||
||||Equitable
House|||
||||55 Pelion Lane|||
||||Halifax|||
||||West Yorkshire|||
||||HX1 5SP|||
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|||||2022||2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|||
||||funds|funds|Total funds|Total funds|
|||Note|||||
|Income and endowments|||||||
|Donations
and legacies||4|166||166|9,807|
|Charitable
activities||5|274,449|32,258|306,707|249,381|
|Other trading activities||6|8,732||8,732|8,150|
|Investment
income||7|24||24||
|Total income|||283,371|32,258|315,629|267,338|
|Expenditure|||||||
|Expenditure
on charitable|activities|8,9|273,470|34,774|308,244|272,453|
|Total expenditure|||273,470|34,774|308,244|272,453|
|Net income/(expenditure)|||9,901|(2,516)|7,385|(5,115)|
|Transfers
between
funds|||(1,513)|1,513|||
|Net movement
in funds|||8,388|(1,003)|7,385|(5,115)|
|Reconciliation offunds|||||||
|Total funds brought
forward|||(10,667)|5,221|(5,446)|(2,360)|
|Total funds carried forward|||(2,279)|4,218|1,939|(7,475)|
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|||||2022|||2021||
|---|---|---|---|---|---|---|---|---|
|||Note|||||||
|FIXED'ASSETS|||||||||
|Tangible fiked assets||16|||4,310|||5,905|
|CURRENT ASSETS|||||||||
|Stocks
Debtors
Cash at bank and in hand||18
19|4,736
18,718
29,874|||3,350
13,458
25,591|||
||||53,328|||42,399|||
|CREDITORSi amounts|falling due||||||||
|within one year||20|55,699|||53,750|||
|NET CURRENT LIABILITIES|||||2,371|||l1,351|
|TOTAL ASSETSLESS|CURRENT||||||||
|LIABILITIES|||||1,939|||(5,446)|
|NKT ASSETS|||||1,939|||(5,446)|
|FUNDS OFTHE CHARITY|||||||||
|Restricted funds
Unrestricted
funds|||||4,218
(2,279)|||5,221
(10,667)|
|Total charity funds|||||1,939|||(5,446)|
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||||2022|||2021||
|---|---|---|---|---|---|---|---|
|||Note||||||
|FIXEDASSETS||||||||
|Investments||17||||||
|CURRENT ASSETS||||||||
|Debtors||19|7,692||305|||
|Cash at bank and in hand|||15,443||16,247|||
||||23,135||16,552|||
|CREDITORS: amounts|falling due|||||||
|within one year||20|4,150||1,845|||
|NET CURRENT LIABILITIES||||18,985|||14,707|
|TOTAL ASSETSLESS|CURRENT|||||||
|LIABILITIES||||18,986|||14,708|
|NET ASSETS||||18,986|||14,708|
|FUNDS OF THE CHARITY||||||||
|Restricted funds||||4,218|||5,221|
|Unrestricted
funds||||14,768|||9,487|
|Total charity funds||23||18,986|||14,708|
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|DONATIONS|AND LEGACIES|||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2022|Funds|2021|
|DONATIONS||||||
|Donations||166|166|1,901|1,901|
|GRANTS||||||
|Government|grant income|||7,906|7,906|
|||166|166|9,807|9,807|
|CHARITABLE ACTIVITIES||||||
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2022|
|Stadium 3Gpitch rental|||123,824||123,824|
|Food and beverage sales|||138,807||138,807|
|Stadium
and|event hire||7,978||7,978|
|Charitable
income||||32,258|32,258|
|Other income|||3,840||3,840|
||||274,449|32,258|306,707|
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||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|
||||Funds|Funds|2021|
|Stadium|3G pitch|rental|116,590||116,590|
|Food and|beverage|sales|90,026||90,026|
|Stadium|and event|hire|467||467|
|Charitable
income||||22,960|22,960|
|Other income|||19,338||19,338|
||||226,421|22,960|249,381|
##
|OTHER|TRADING ACTI|VITIES||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|||Funds||2022|Funds||2021|
|Income|generation|8,732||8,732|8,150||8,150|
||||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|---|---|---|---|---|---|---|---|---|
||||Funds||2022|Funds||2021|
|Bank|interest|receivable|24||24||||
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|EXPEND|ITURE|ON CHARITABLE|ACTIVITIES BYFUND|TYPE||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2022|
|NLT||||11,868|11,868|
|Bar and stadium|||132,033||132,033|
|Bradford|Council|||15,630|15,630|
|Christmas|Holiday|Fund 2022||3,200|3,200|
|Support costs|||141,437|4,076|145,513|
||||273,470|34,774|308,244|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2021|
|NLT||||8,172|8,172|
|Bar and stadium|||104,024||104,024|
|Bradford|Council|||10,590|10,590|
|Christmas|Holiday|Fund 2022||||
|Support costs|||145,469|4,198|149,667|
||||249,493|22,960|272,453|
##
|EXPENDI|TURE ON CHARITA|BLE ACTIVITIE|S BYACTI|VITY TYPE||
|---|---|---|---|---|---|
|||Activities||||
|||undertaken|Support|Total funds|Total fund|
|||directly|costs|2022|2021|
|NLT||11,868||11,868|9,653|
|Bar and stadium||132,033|135,458|267,491|232,720|
|Bradford Council||15,630||15,630|12,016|
|Christmas|Holiday Fund 2022|3,200||3,200||
|Governance|costs||10,055|10,055|18,064|
|||162,731|145,513|308,244|272,453|
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|10.|ANALYSIS|OF|SUPPO|RT C|OSTS||||
|---|---|---|---|---|---|---|---|---|
||||||||Total 2022|Total 2021|
||Staffcosts||||||20,371|29,223|
||Premises||||||35,511|29,868|
||Communications||and IT||||7,004|2,855|
||General office||||||2,163|3,948|
||Repairs and maintenance||||||36,966|29,502|
||Insurance||||||9,592|7,276|
||Depreciation/profit||on disposal||||518|772|
||Bank charges||||||1,446|2,581|
||Printing,
postage,||and stationery||||2,172|1,838|
||Laundry
and|cleaning|||||9,639|20,068|
||Subscriptions||||||6,197|257|
||Accountancy|fees|||||4,156|5,536|
||Professional|fees|||||7,991|15,289|
||Stafftraining||||||1,787|654|
||||||||145,513|149,667|
|11.|NET INCOME/(EXPENDITURE)||||||||
||Net income/(expenditure)|||is stated after charging((crediting):|||||
||||||||2022|2021|
||||||||f.||
||Depreciation|oftangible||fixed assets|||1,020|772|
|12.|INDEPENDENT||EXAMINATION FEES||||||
||||||||2022|2021|
||Fees payable|to the independent|||examiner for:||||
||Independent|examination||ofthe|Consolidated|financial|||
||statements||||||2,500|2,200|
||Other financial
services||||||4,400|3,336|
||||||||6,900|5,536|
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|STAFFCOSTS|||||
|---|---|---|---|---|
|The total staff costs and|employee|benefits for the reporting|period are analysed|as follows:|
||||2022|2021|
|Wages and salaries|||57,231|75,567|
|Social security costs|||184||
|Employer contributions|to pension|plans||685|
||||57,415|76,252|
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|FINANCIAL|P|E|R|FORM|ANCE OFTHE|CHARITY|||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted||
|||||||funds|funds|Total funds|
|Donations||||||166||166|
|Fundraising|events|||||8,732|32,258|40,990|
|Interest receivable||||||13||13|
|||||||8,911|32,258|41,169|
|Expenditure|on|charitable|||activities||30,698|30,698|
|Supportcosts||||||2,117|4,076|6,193|
|||||||2,117|34,774|36,891|
|Net movement||in|funds|||6,794|(2,516)|4,278|
|Transfer between|||funds|||(1,513)|1,513||
|Total funds brought||||forward||9,487|5,221|14,708|
|||||||14,768|4,218|18,986|
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|TANGIBLE FIXEDASSETS||
|---|---|
||Equipment|
|Cost||
|At 1 January 2022|6,677|
|Additions|3,754|
|Disposals|(4,832)|
|At 31December 2022|5,599|
|Depreciation||
|At 1 January 2022|772|
|Charge for the year|1,020|
|Disposals|(503)|
|At 31December 2022|1,289|
|Carrying
amount||
|At 31December 2022|4,310|
|At 31December 2021|5,905|
##
|Horsfall Community
Stadium|CIC|||||
|---|---|---|---|---|---|
|Country ofincorporation|England|and Wales|(company|number|12564780)|
|Registered office|Horsfall|Community|Stadium|||
||Cemetery|Road||||
||Bradford|||||
||BD62NG|||||
|Nature ofbusiness|Operation|ofsports|facilities|||
|Class ofshares|Ordinary|A||||
##
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||Trading result|s ofth|e Community
Interest Company|||
|---|---|---|---|---|---|
|||||2022|2021|
||Summary of|trading|results|||
||Turnover|||274,449|226,421|
||Total expenditure|||(271,355)|(240,097)|
||Interest receivable|||12||
||Loss for the year|||3,106|(13,676)|
||Assets|||41,336|32,574|
||Liabilities|||58,382|52,726|
|18.|STOCKS|||||
|||||2022|2021|
||Raw materials|and consumables||4,736|3,350|
|19.|DEBTORS|||||
|||||2022|2021|
||Trade debtors|||16,784|12,686|
||Prepayments|and accrued income||1,934|772|
|||||18,718|13,458|
||Charity|||||
|||||2022|2021|
||Horsfall
Community||Stadium CIC|6,945|305|
||Prepayments|and accrued income||747||
|||||7,692|305|
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|CREDITORS: amoun|ts
falling due within one y|ear||
|---|---|---|---|
|||2022|2021|
||||f.|
|Trade creditors||42,843|41,043|
|Accruals and deferred|income|9,245|6,751|
|Social security and other taxes||3,611|5,956|
|||55,699|53,750|
|Charity||||
|||2022|2021|
|Trade creditors|||945|
|Accruals and deferred|income|4,150|900|
|||4,150|1,845|
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|as follows:|||||
|---|---|---|---|---|
||||2022|2021|
|Recognised|in income from donations|and legacies:|||
|Government|grants income|||7,906|
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|Unrestri|cted
funds|||||||
|---|---|---|---|---|---|---|---|
||||At||||At|
|||1|Jan 2022|Income|Expenditure|Transfers|31Dec 2022|
|General|funds||(10,667)|283,371|(273,470)|(1,513)|(2,279)|
||||At||||At|
|||1|Jan 2021|Income|Expenditure|Transfers|31Dec 2021|
|General|funds||(5,552)|244,378|(249,493)||(10,667)|
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|Restricte|d
funds|||||||
|---|---|---|---|---|---|---|---|
|||At|||||At|
|||I Jan 2022|Income|Expenditure|Transfers|31|Dec 2022|
|NLT|||10,000|(11,869)|2,659||790|
|Provident||3,190||(1,915)|(1,275)|||
|ICS||2,031|||(2,031)|||
|Holiday|Fund Bradford|||||||
|Council|2021|||(2,160)|2,160|||
|Men's Fit Club|||3,428||||3,428|
|Christmas
Holiday||||||||
|Fund 2022|||3,200|(3,200)||||
|Holiday|Fund Bradford|||||||
|Council|2022||15,630|(15,630)||||
|||5,221|32,258|(34,774)|1,513||4,218|
|||At|||||At|
|||I Jan 2021|Income|Expenditure|Transfers|31|Dec 2021|
|NLT|||10,000|(10,000)||||
|Provident||3,190|||||3,190|
|ICS|||||2,031||2,031|
|Holiday|Fund Bradford|||||||
|Council|2021||12,960|(12,960)||||
|Men's Fit Club||||||||
|Christmas
Holiday||||||||
|Fund 2022||||||||
|Holiday|Fund Bradford|||||||
|Council|2022|||||||
|||3,190|22,960|(22,960)|2,031||5,221|
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|The Charity|The Charity|||||||
|---|---|---|---|---|---|---|---|
|Unrestricted||funds||||||
||||At||||At|
||||I Jan 2022|Income|Expenditure|Transfers|31Dec 2022|
|General|funds||9,487|8,911|(2,117)|(1,513)|14,768|
||||At||||At|
||||I Jan 2021|Income|Expenditure|Transfers|31 Dec 2021|
|General|funds||926|10,051|(1,490)||9,487|
|Restricted
funds||||||||
||||At||||At|
||||I Jan 2022|Income|Expenditure|Transfers|31Dec 2022|
|NLT||||10,000|(11,869)|2,659|790|
|Provident|||3,190||(1,915)|(1,275)||
|ICS|||2,031|||(2,031)||
|Holiday|Fund|Bradford||||||
|Council|2021||||(2,160)|2,160||
|Men's Fit Club||||3,428|||3,428|
|Christmas
Holiday||||||||
|Fund 2022||||3,200|(3,200)|||
|Holiday|Fund|Bradford||||||
|Council|2022|||15,630|(15,630)|||
||||5,221|32,258|(34,774)|1,513|4,218|
||||At||||At|
||||I Jan 2021|Income|Expenditure|Transfers|31 Dec 2021|
|NLT||||10,000|—(10,000)|||
|Provident|||3,190||||3,190|
|ICS||||||2,031|2,031|
|Holiday|Fund|Bradford||||||
|Council 2021||||12,960|(12,960)|||
|Men's Fit Club||||||||
|Christmas
Holiday||||||||
|Fund 2022||||||||
|Holiday|Fund|Bradford||||||
|Council 2022||||||||
||||3,190|22,960|(22,960)|2,031|5,221|
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|ANALYSIS OF N|ET ASSETSBET|WEEN FUNDS|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
|Tangible fixed assets||4,310||4,310|
|Current assets||49,110|4,218|53,328|
|Creditors less than|1 year|(55,699)||(55,699)|
|Net assets||(2,279)|4,218|1,939|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
|Tangible fixed assets||5,905||5,905|
|Current assets||37,178|5,221|42,399|
|Creditors less than|1 year|(53,750)||(53,750)|
|Net assets||(10,667)|5,221|(5,446)|