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** - 1) Independent Examiners Report - 2) Trustee Report - 3) Statement Of Financial Activities - 4) Balance Sheet - 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: - accounting records were not kept in accordance with 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 under 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 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: 1. Health and fitness classes: Despite financial constraints, we maintained a schedule of classes to encourage regular exercise and healthy lifestyle choices among our members. 2. Community outreach: YHS persisted in engaging with local schools, community centers, and organizations to promote health education and awareness despite limited resources. 3. Sports events: We managed to organize and support sports events and competitions, fostering community spirit and physical activity despite financial limitations. 4. 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: 1. Sustained operations: Despite financial challenges, YHS maintained operational continuity, ensuring that essential services and programs were still available to the community. 2. Community impact: Despite limited resources, our programs and initiatives continued to positively impact the health and well-being of individuals within the Yorkshire community. 3. 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: 1. Total income: 365,441 2. Total expenses: 415,626 3. Net deficit: 50,185 4. 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: 1. 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. 2. Program sustainability: We will prioritize the sustainability of essential programs and services, ensuring that they remain accessible to the community despite financial challenges. 3. 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)| |---|---|---| _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**| |---|---|---| 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| |---|---| _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| |---|---|---| ## **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)| |---|---|