Yorkshire Health and Sport Limited
1181760
Financial Statements YEAR ENDED 31 DECEMBER 2023
Tavern Works, Skinner Lane Pontefract, England WF8 3FB
REGISTERED OFFICE
Yorkshire Health and Sport Limited
Contents of the report For the year end 31 Dec 2023
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1) Independent Examiners Report
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2) Trustee Report
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3) Statement Of Financial Activities
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4) Balance Sheet
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5) Note To Financial Statements
Yorkshire Health and Sport Limited Independent Examiners Report
Independent Examiners Report to the trustees of Yorkshire Health and Sport Limited
I report to the charity trustees on my examination of the accounts of Yorkshire Health and Sport Limited for the year end 31 Dec 2023 which comprise the Statement of Financial Activities, the summary Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the related notes
Responsibilities and basis of report
As the trustees of the charity (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 charity 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. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act
Independent Examiner's Statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
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accounting records were not kept in accordance with 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 under section 396 of the 2006 Act other than
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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 Charities SORP (FRS 102).
I have no concerns and have come across no other 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.
Richmonds Accountants Limited Chartered Certified Accountants Leeds LS7 3JB
Trustee Report Year Ended 31-12-2023
Introduction:
Yorkshire Health And Sports Limited (YHS) presents the Charity Trustee Report for the financial year ending 31-12-2023, outlining our activities, achievements, and financial position amidst a deficit.
Activities:
Throughout the year, YHS continued its efforts to promote health and fitness within the Yorkshire community despite financial challenges. We sustained the following activities:
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Health and fitness classes: Despite financial constraints, we maintained a schedule of classes to encourage regular exercise and healthy lifestyle choices among our members.
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Community outreach: YHS persisted in engaging with local schools, community centers, and organizations to promote health education and awareness despite limited resources.
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Sports events: We managed to organize and support sports events and competitions, fostering community spirit and physical activity despite financial limitations.
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Wellness initiatives: YHS remained committed to launching initiatives focused on mental health awareness, stress management, and holistic well-being, albeit on a smaller scale due to financial constraints.
Achievements:
Despite facing a deficit, YHS achieved several notable accomplishments during the reporting period:
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Sustained operations: Despite financial challenges, YHS maintained operational continuity, ensuring that essential services and programs were still available to the community.
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Community impact: Despite limited resources, our programs and initiatives continued to positively impact the health and well-being of individuals within the Yorkshire community.
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Volunteer support: YHS received continued support from dedicated volunteers who contributed their time and efforts to sustain our programs and operations.
Financial Position:
YHS encountered financial difficulties during the year ending 31-12-2023. Key financial details include:
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Total income: 365,441
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Total expenses: 415,626
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Net deficit: 50,185
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Reserves: YHS's reserves have been significantly depleted due to the deficit, necessitating careful financial planning and management in the coming year.
Outlook:
Despite the deficit, YHS remains committed to its mission of promoting health and fitness in the Yorkshire community. Our priorities for the coining year include:
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Financial recovery: YHS will focus on implementing strategies to address the deficit and rebuild reserves through fundraising, cost-saving measures, and seeking additional sources of revenue.
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Program sustainability: We will prioritize the sustainability of essential programs and services, ensuring that they remain accessible to the community despite financial challenges.
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Stakeholder engagement: YHS will continue to engage with stakeholders, including members, volunteers, donors, and partners, to garner support and strengthen our collective efforts towards financial recovery and organizational resilience.
Conclusion:
In conclusion, YHS acknowledges the financial challenges faced during the past year but remains steadfast in its commitment to promoting health and fitness in Yorkshire community. We extend our gratitude to our dedicated members, volunteers, staff donors, and partners for their continued support and
resilience during this challenging time, As trustees, we are committed to navigating through these financial difficulties with transparency, prudence and determination, ensuring the long-term sustainability of Yorkshire Health and Sports Limited
Statement of financial activities
for the year ended 31 December 2023
| Notes Income & Expenditure Incoming Resources Income and endowments from: Charitable activities 2 Total Resources Expended Expenditure on: Raising funds 3 Charitable activities 4 Total Net Income / (expenditure ) before investment gains/(losses) Net income/(expenditure) Net Movement in Funds Balance Bought Forward at 1 January 2023 Balance Carried Forward at 31 December 2023 |
Total Funds Unrestricted Restricted Year to Funds Funds 31-Dec-23 £ £ £ 365,441 - 365,441 365,441 - 365,441 22,603 - 22,603 393,023 - 393,023 415,626 - 415,626 (50,185) - (50,185) (50,185) - (50,185) (94,236) - (94,236) (144,421) - (144,421) |
Total Funds Year to 31-Dec-22 £ 293,004 293,004 9,003 302,156 311,160 (18,156) (18,156) (76,080) (94,236) |
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Yorkshire Health and Sport Limited notes to the Financial Statements 31 December 2023
Balance Sheet
as at 31 December 2023
| Notes Fixed Assets Tangible Fixed Asset 5 Current Assets Debtors 6 Cash In Hand and at bank Liabilities Amount falling due within one year 7 Net Current Assets Total Asset Less Current Liabilities Amount falling due more than one year 8 Total net assets or liabilities Funds of charity 9 Unrestricted Reserves Total Funds |
£ £ 11,933 11,933 16,064 1,123 17,187 (131,107) (113,920) (101,987) (42,434) (144,421) (144,421) (144,421) (144,421) 31-Dec-23 |
£ £ 13,259 13,259 13,005 1,762 14,767 (77,501) (62,734) (49,475) (44,761) (94,236) (94,236) (94,236) (94,236) 31-Dec-22 |
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The financial statements were approved by the Board on 20 March 2024 and signed on behalf by:
Simon Fletcher Director
Yorkshire Health and Sport Limited notes to the Financial Statements 31 December 2023
Notes to the financial statements
for the year ending 31 December 2023
1) Accounting Policies
1.1 Basis of Preparation
1.2 The accounts have been prepared under the historical cost convention and in accordance with the Charities Act 1993.
1.3 Going concern
| Total Funds Unrestricted Restricted Year To Fund Fund 31/12/2023 £ £ £ 2) Donations & Other Income Sales 365,441 - 365,441 365,441 - 365,441 3) Expenditure on Raising Funds Pension costs 2,444 2,444 Subscription/Software 9,298 9,298 Bank Charges 6,421 6,421 Advertising and PR 4,440 - 4,440 22,603 - 22,603 4) Expenditure on charitable activities of the Charity Heat & Light 5,768 - 5,768 Repairs & Renewals 5,964 - 5,964 Telephone 4,913 - 4,913 Insurance 3,661 - 3,661 Motor, Travel & Subsistence 1,300 - 1,300 Accountancy Charges 2,760 - 2,760 Cleaning & Sundries 833 - 833 Legal Charges 886 - 886 Depreciation 1,326 - 1,326 Advertising and marketing - - Rent 158,123 - 158,123 Wages and Salaries 58,522 - 58,522 Purchases 72,101 - 72,101 Subcontractor Costs 40,188 - 40,188 Direct Labour 23,828 - 23,828 Staff Training and Welfare 6,965 - 6,965 Stationery and printing 3,209 - 3,209 Interest Payable 992 - 992 Other Operating income - - - Other Expense 1,684 - 1,684 393,023 - 393,023 |
Total Funds Year To 31/12/2022 £ 293,004 293,004 3,142 3,732 2,130 - 9,003 21,911 2,987 5,713 4,488 1,191 2,700 1,187 100 1,473 4,483 97,201 65,534 42,794 39,974 9,945 4,435 1,565 1,236 (6,760) - 302,156 |
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Yorkshire Health and Sport Limited notes to the Financial Statements 31 December 2023
Notes to the financial statements
for the year ending 31 December 2023
5) Schedule of Tangible Fixed Assets
| As At 1 January 2023 Additions/Improvements Disposal Depreciation at 01 January 2023 Depreciation As At 31 December 2023 6) Current Assets Trade Debtors Other Debtors 7) Liabilities: Amount falling due within one Accruals for grants payable Trade Creditors Other Creditors |
Land & Building £ 21,428 - - (8,169) (1,326) 11,933 2023 £ 13,664 2,400 16,064 year 2023 £ 6,120 73,880 51,107 131,107 |
Total £ 21,428 - - (8,169) (1,326) 11,933 2022 10,605 2,400 13,005 2022 3,420 25,854 48,227 77,501 |
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8) Liabilities: Amount falling duemorethan one year
| BBL 9) Charity funds Balance as at 1 January 2023 Incoming Resources Outgoing Resources Balance as at 31 December 2023 |
2023 2022 £ 42,434 - 44,761 42,434 44,761 Restricted Fund Unrestricted Fund Total £ £ - (94,236) (94,236) - 365,441 365,441 271,205 271,205 415,626 415,626 - (144,421) (144,421) |
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