Woodfitness CIO
Receipts and Payments Accounts for the year ended 29[th] February 2024
Charity Assist Accountants Ltd
Certified Public Accountants and Charity Independent Examiners
Unit 27 Batley Enterprise Centre
513 Bradford Road Batley West Yorkshire
WF17 8LL
1
Woodfitness CIO
Receipts and Payments Accounts for the year ended 29[th] February 2024
| Contents | Page |
|---|---|
| Basic information | 3 |
| Trustees annual report | 4-7 |
| Independent examiner's report on the accounts |
8-9 |
| Receipt and payment accounts | 10-11 |
2
Woodfitness CIO
Receipts and Payments Accounts for the year ended 29[th] February 2024
Basic information
Address
Concept House
Blanche Street
Bradford
BD4 8DA
Bank
Cashplus Bank
Cottons Centre Cottons Lane
London
SE1 2QG
Charity registration number
1181664
Accountants address
Charity Assist Accountants Ltd
Unit 27 Batley Enterprise Centre
Batley
WF17 8LL
3
Woodfitness CIO Receipts and Payments Accounts for the year ended 29[th] February 2024
| Trustees' Annual Report for the period | |||||||
| From | Period start date | To | Period end date | ||||
| 01 | March | 2023 | 29 | February | 2024 |
Section A Reference and administration details
Charity name
Woodfitness CIO
Other names charity is known by
Registered charity number (if any) 1181664
| Charity's principal address | Concept House |
Concept House |
|---|---|---|
| Blanche Street | ||
| Bradford | ||
| Postcode | BD4 8DA |
Names of the charity trustees who manage the charity
Trustee name 1 Richard Barnett 2 Stephanie Wood 3 Daniel Mills
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Woodfitness CIO
Receipts and Payments Accounts for the year ended 29[th] February 2024
Section B Structure, governance and management
Description of the charity’s trusts
CIO – Foundation Registered 22 Jan 2019 Type of governing document (eg. trust deed, constitution) CIO How the charity is constituted (eg. trust, association, company) 1) Apart from the first charity trustees, every trustee must Trustee selection methods be appointed for a term of three years by a resolution (eg. appointed by, elected by) passed at a properly convened meeting of the charity trustees. (2) In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. Eligibility for trusteeship (a) Every charity trustee must be a natural person. (b) No individual may be appointed as a charity trustee of the CIO: • if he or she is under the age of 16 years; or • if he or she would automatically cease to hold office under the provisions of clause [12(1)(e)]. (c) No one is entitled to act as a charity trustee whether on appointment or on any re-appointment until he or she has expressly acknowledged, in whatever way the charity trustees decide, his or her acceptance of the office of charity trustee. (d) At least one of the trustees of the CIO must be 18 years of age or over. If there is no trustee aged at least 18 years, the remaining trustees may only act to call a meeting of the charity trustees, or appoint a new charity trustee.
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Woodfitness CIO
Receipts and Payments Accounts for the year ended 29[th] February 2024
Section C Objectives and activities
- The object of the CIO is to preserve and protect the good health of adults residing in and around Bradford City, particularly those who require special attention as Summary of the objects of a result of economic disadvantage and/or with physical the charity set out in its and/or mental health issues, whom without our service, governing document would not have the opportunity to undertake regular physical activity/exercise, by the provision of structured physical activity interventions.
The charity aims to transform the lives of Bradford's most vulnerable through fitness by promoting activities proven to benefit people’s health.
Charity commission requires the trustees of a charity to: Summary of the main • Select suitable accounting policies, apply them consistently, activities undertaken for make judgement and estimates that are reasonable and the public benefit in prudent; • relation to these objects Prepare the financial statements on the going concern basis unless there is a reason to believe that the charity will not (include within this section continue for the foreseeable future. the statutory declaration The Trustees are responsible for the keeping of proper accounting that trustees have had records, which disclose with reasonable accuracy at any time the regard to the guidance financial position of the charity and to enable them to ensure that issued by the Charity the financial statements comply with the Charity Act 1993. They Commission on public are also responsible for safeguarding the assets of the charity and benefit) hence to take reasonable steps for the prevention and detection of fraud and other irregularities.
Section D Achievements and performance
The charity has been able to carry out its charitable objectives by Summary of the main providing fitness to the people of Bradford so as to help increase their achievements of the health and quality of life. charity during the year
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Woodfitness CIO
Receipts and Payments Accounts for the year ended 29[th] February 2024
Section E Financial review The charity holds £2,000 in reserve in case for an emergency expense Brief statement of the and to cover running costs. charity’s policy on reserves
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Woodfitness CIO
Receipts and Payments Accounts for the year ended 29[th] February 2024
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Woodfitness CIO members of
On accounts for the year 29[th] February 2024 Charity no 1181664 ended (if any) Set out on pages 10 – 11
I report to the trustees on my examination of the accounts of the above charity for the year ended 28 / 02 / 2024 .
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 charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
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Woodfitness CIO
Receipts and Payments Accounts for the year ended 29[th] February 2024
I have completed my examination. I confirm that no material matters have Independent examiner's come to my attention (other than that disclosed below ) in connection with statement* the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
| Signed: Name: Relevant professional qualification(s) or body (if any): Address: |
19/09/2024 | |
|---|---|---|
| Abdul Qudeir Khan | ||
| FMAAT FCPA |
||
| Unit 27, Batley Enterprise Centre | ||
| 513 Bradford Road | ||
| Batley | ||
| WF17 8LL |
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Woodfitness CIO
Receipts and Payments Accounts for the year ended 29[th] February 2024
| Woodfitness CIO |
Woodfitness CIO |
Woodfitness CIO |
Woodfitness CIO |
1181664 | CC16a | |
|---|---|---|---|---|---|---|
| Receipts andpayments accounts | ||||||
| For the period from | 01.03.2023 Period start date |
To | 28.02.2024 Period end date |
|||
| Section A Receipts and payments | ||||||
| A1 Receipts | Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
|
| Cityof Bradfordgrant | - | - - - - |
- | - | 2,000 | |
| Rent received | - | - | - | 1,000 | ||
| Sale of refreshments | 861 | - | 861 | 6,061 | ||
| Gym subscriptions | 88,297 | 88,297 | 77,850 | |||
| - | - | - | ||||
| Sub total(Gross income for AR) | 89,158 |
- | - | 89,158 | 86,911 | |
| - - |
- - |
|||||
| A2 Asset and investment sales, (see table). |
||||||
| - | - | - | ||||
| - | - | - | - | |||
| Sub total | - | - | - | - | - | |
| Total receipts A3 Payments |
||||||
| 89,158 | - | - | 89,158 | 86,911 | ||
| Accountancyfees | 975 | - - - - - - - - - - - - - - - - - - - - - - |
- | 975 | 1,065 | |
| Adminstration costs | 7 | 7 | ||||
| Advertising | 5,047 | - | 5,047 | 1,404 | ||
| Bank charges | 20 | - | 20 | 27 | ||
| Cateringcost | 69 | 69 | 770 | |||
| Cleaningcost | 63 | - | 63 | 701 | ||
| Commissionspaid | 1,954 | 1,954 | - | |||
| Communityfunction cost | - | - | 480 | |||
| Council rates | 665 | - | 665 | 908 | ||
| Entertainment | 475 | - | 475 | 77 | ||
| Equipment hire | 13,565 | - | 13,565 | 9,631 | ||
| Events | 1,011 | |||||
| Fireprotection services | 58 | - | 58 | - | ||
| Fitness classes | 438 | 438 | ||||
| Fundingand development | 199 | - | 199 | 2,500 | ||
| Groupcommunitycoachingcost | 5,722 | 5,722 | 7,794 | |||
| HMRC PAYE | 190 | 190 | 39 | |||
| Insurance | 1,294 | - | 1,294 | 1,695 | ||
| Internet | - | - | - | 577 | ||
| Maintanance | 6,824 | - | 6,824 | - | ||
| Payroll charges | 170 | |||||
| Postage and stationery | 314 | - | 314 | 156 | ||
| Refreshments | 3,371 | - | 3,371 | 6,294 | ||
| Rent | 28,800 | - | 28,800 | 28,800 | ||
| Repairs and renewals | 5,885 | - | 5,885 | 4,366 | ||
| Software | 377 | - | 377 | - | ||
| Staff uniform cost | - | - | 550 | |||
| Subscriptionpayments | 1,220 | - | 1,220 | 1,662 | ||
| Telephone | 503 | - | 503 | 45 | ||
| Travel and subsistence | 1,288 | - | 1,288 | 100 | ||
| Wages | 15,614 | - | 15,614 | 12,189 | ||
| Website | 760 | - | 760 | - | ||
| **Sub total ** | 96,878 | - | - | 96,878 | 81,830 | |
| 71 - |
- - |
|||||
| A4 Asset and investment purchases, (see table) |
||||||
| Equipment expensed | 71 | - | 71 | 1,782 | ||
| - | - | - | ||||
| **Sub total ** | 71 | - | - | 71 | 1,782 | |
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| 96,949 | - | - | 96,949 | 83,612 | ||
| - | ||||||
| - 7,791 | - |
- 7,791 | 3,299 | |||
| - | - - |
- | - | - | ||
| 14,691 | - | 14,691 | 11,392 | |||
| 6,900 | - | - |
6,900 | 14,691 |
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Woodfitness CIO
Receipts and Payments Accounts for the year ended 29[th] February 2024
Section B Statement of assets and liabilities at the end of the period
| Categories B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds B5 Liabilities B3 Investment assets |
Details | Details | Details | Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
Endowment funds to nearest £ |
|---|---|---|---|---|---|---|
| Bank | 6,900 | - | - | |||
| - | - | |||||
| - | - | - | ||||
| Total cash funds (agree balances with receipts and payments account(s)) Details |
6,900 | - | - | |||
| OK | OK | OK | ||||
| Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
Endowment funds to nearest £ |
||||
| - | - | |||||
| - | - | |||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
|||
| Unrestricted | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
|||
| Fitness equipment | - | 150,000 | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Details | Fund to which liability relates |
Amount due (optional) |
When due (optional) |
|||
| - | ||||||
| - | ||||||
| - | ||||||
| - |
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Woodfitness CIO
Receipts and Payments Accounts for the year ended 29[th] February 2024
Refreshments account
| Trading account | £ | |
|---|---|---|
| Income | 861 | |
| opening stock | 500 | |
| Purchases | 3371 | |
| Less closing stock | 300 | |
| 4171 | ||
| Deficit | -3310 |
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