REGISTERED CHARITY f4UMBER." 1182950 PORT OF ITED NANCIAL ENDED 31 JU HAWKE YOUTH A TC Group The Old Wo Moresk Ro•d TRURO Comw•ll Trl IDG
ND OMMUNrrY CROiIP TEN OFTHE FINANCIAL STAT FOR THE YEAR ENDED 31 JULY 202 Pa¥e Report of the Trustees l*dtpetsdont Examlner'# Report S¢at¢meDt of FIo4D¢lg1 A¢tli'ltl¢s B8lanct Sheet Not¢1 to the Flnancl81 Sfxttmenti 7 10 18 Detalled StA¢¢m¢nt of FlnaD¢lAI Aetlvllles 19 to 20
WKE YOUTh AND COMMUN ROUP REPOR T OF THF. TRU.¥fF.F.S T14E I'EAR EJN'DF.D 31 JULY 21124 The Iru5tees present their report with th¢ fm4n¢ial ststements of ihe Cbwity fur th¢ y¢ar ¢nded 31 Jul). 2024. The trustees adopta1 the provisions of A¢¢ouniing and R¢portuig by CharÉties.. S¢)theni ofRttommettded practice applic&ble to charities PTzyaring ih¢ir acrounls in IOIdanCe w'Rtb the FinaDciaJ Reporting Stsndanl applicable in the UIK and Repiiblic of IrElaDd (FRS102) (¢ifKiiv¢ l 2019). Our Aknis Objectiv To protnol¢ for ihe benefrt of the inhabitants of Cornwall and the SWrowln aTe4 the wovision offB¢ilrli¢s for re¢wwioD or other leisure time o¢¢upits)tt. in parti¢vlaT ¢ISiVelY sk8itixMrding 8nd BMX b&"iDg for indiliduals who have need of sh faciltti¢s by rea50n of Iheir jou age or and ecrmomic circumstarKes or for th¢ pJbli¢ at laY8e in the iDtcresls olsocial w¢lf4R and with tht objert of improvinv the cwbjilion of life ofthc 58id iDlthiiants. The 5k"atepaTk sthned in 1986 Bnd x5 of the longc nbnning ind[ p&.$ iti th¢ UK and is th¢ Isryest indoLY fa¢ility in th¢ Southwe. li is houxd in a puty0S¢1 waTehi)us¢ of arfjJroximoi¢ly 24,OW sqwt feel and 15 split into ditr¢reni 5ecilo. Srre¢L and Trdn5itiON the 'Bla¢k Pool.. th¢ Brfml. tbt 1th)rn Sttti¢)D. the Vert RwDp and the Mithi Romp. The outdoDr facilities coniprisc an outdoor concrete plaza and pump trnck, makin8 US aD all-wt4ther facility. The main &tivÈties are: - tb¢ provÉsioTJ of surrtrvis¢d spons adivity s¢ssiixks for yiymg 1¢. schools. rlub5 And the 10¢81 c(ymmunity - thc provtsM)n ofsk")t¢botrd with)n io yo1g le. 5chw15. club5 and the local wrnn]units' - the pro¥7$n of a café IT social area Our staff ar T¢¢ognised a5 1 Trnhmbk asset being ewieJKrf h¥bty skilled LDd Fwactivc deliveriD8 IrainiD& and njanaging the facility. We also prnrnoie ¢v¢nts AT>d cmpctili(w thr the ycar thj have a sm•N of tea yolunt¢m who a55i5t with the up and 5Upcr10n and also assi Ibith acliviN 5upervisiLm. The tru$i¢cs follo. and keep up to dTrte with all guidance issud by the Chariti¢s ComD]ilL rn bIr benefiL Our A¢hkv¢men¢$ and Perforniznce ADotheT posilÈve year oftr4diog with footfau and inty)m¢ a]1 moving in thc righi diFErti. A M'rfi¢r summer saw healthy e dllrg the Kliool summer holidays, OB¢ of th¢ better periods in a numbrr of yew5 which Iljen l¢ad into anollier busy aulutDo, wittier sprtiig. coMlo ¢ontintsc io be bv MHY&CG vliih the annual Ycrt serics cLxning io the P#Tk lor its usual $101 in late Scptcmbcr. Moum Hawke •]$0 added a number of j2rns Go Skal¢ d•y #nd Inmatiooal Women's Day wlii¢li w 5UPPrl by wpliers alld enjoyed bi. thc local rkdcr5. Thc skaitpark coDlinucs to W4iMk with Skateboard GB and bciDg a Funding, provided by ihe L¢v¢lling Up aNI Good Growh FuDds, obtsiDrd to Fovide laDce in the creation ora stroTho robusi •nd pmfcssional Bu5inws Plan lo provi& MIIY&CG with ? rkjr dirttiith rthe fvwre. The Eilding of ih¢ business plan in¢ludes faClraCe discu55Éon forum5 wilh palk" users as Well as an onlin¢ sknrve>' io enswe au user5 gel a in the dir11( and enswe that decisions •tt Wh i8 needed for the commuDities that Usc the p#k. As pan ongoing mait)t¢Thnce and ongoing impro%em¢nl$ 10 ihe riding ar¢a4 MHYLCG inYe51ed bn rcskinnllig (he Vert Ramp to tn5ure tha¢ it Yemains a5 pan ol futurr comprlilioll 45 WEII a5 berng one of the best vert facilitie$ In the tDuJJti>. Additiotsuily, Ihc park made alieralions to the tndoor jump box section. changing an v$¢d w811 ride inlo o quarter pipe with roll in which ha5 made ibe *hole orea more aitradive. more usable and rnore fi. WhilA the Tiding areas are inxFA)rtaDL iDvestmeni bas also betD rntkn iDto the kiichell as paff of on8oin8 repairs and T¢alS wilh new frid8e& free2ers. and W e%trxtiorL
WKE YOUTH AND CoMIU1Ty CROUP REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024 With the upgraded rtteptiim area completed in the pviOUS year, this has meani thai th¢ $Fdce available for retail ha$ been utilised b¢tt¢r whi¢h has increased r¢Yenu¢ An this depamment which in tyrn helps SUPPOrt thE charity #s & wlwle. TJ]e park continues to ivelcome several different schools of all agcs throug1v¢ t¢rni lime for r¢gularweekl}' YRsits as well as end of year activity day5. This year has seen an additional influx of SEND schoob coming to the park to u$e the facilitÉcs as well as another charity thal offers sessions in skating and nJen¢oring a5 a way of irnprthving p¢oples mental health. using the extensive fa¢iliiies. Th¢ wcek-end Under I I's sessions continue lo be the most popular 5e55ion& whi¢h, during th¢ winter tnonth5 have b¢¢n at apacity ¢v¢ry w¢¢k' with heavy us¢ foy th¢ Ov¢r Il's w¢ek¢nd afternoojj se55É0n5 also maintathiD8 strong usage. Popularity continues lo build for the weekday evening over I I's SsIOnS that ar¢ regularly split between a w¢ekty Skate Night and all dis¢iplines sessions. Friday ntght sessions are proving to be populèr with a rtew monthly session to accompany the already popular Gir15 NighL Bik¢ Night and Seooter Night- the new £5 Friday session offers an 8ltcrnatively pri¢es sessiot) to enable pcoplt on a Sower income to a¢¢ess the pk whi¢h Nns w¢ll with the Wednesday Concession Ses5iOll. Prineipal Rigks aBd MitigatlOD Safeguarding - The trustees fol]ow the Charitics Commission guidancc'Saf¢guardiDg and protectin8 peqTrle for charities inte¢S, - A de5ignat¢d safeguard lead 15 in place within the board of trn5teE5 - All staff, trn$te¢s and volun*ers ar¢ DBS ¢lie¢ked. - Th¢ fa¢ilities are maiTLtained in &ccordance with H&S regulations. FiDAn¢lal InGom¢: footfall is lll0nltor rorstinues to improve. Ther¢ is a ¢ontinuin8 progjwnme of ongoing mainienance and pled invesrinent in the facility to maintain its high-profile status and aitt¥¢t greater Dumb¢rs Ai 31st July 2024 the charFty is in a good fmancial position with 8 bank bal¢¢ of £106k12023.. £92k-). Rt$trYts policy - Cash.. the tNstees' policy ts to maintain cosh reseTves io cover a 3 monib opeiDg period - Int¢mal ¢ontro15'. inGlud¢ rnonthly r¢porting to trust¢ES. At 31sl July 2024 the ch&rity held r¢serves of £489k {2023.. £509k). Unrestracted re5¢rv¢s bad a $urplu5 of £106k (2023- £86kl restyiaed res¢rves had a S1S of £383k (2023.. £423k). StrDcture. Governance xlnd MAnagerneDt MHYCG is a ChaTi¢3bl¢ In¢oTpor4ied Organssation {si#c¢ April 2019) and is governed by a constitutTOn. Potential trustees may either bE reconJmcnd¢d or present appli¢ation themselves. Applicant trust¢¢s must be Yoted in by a m&joTity vote of the existing board. There are 9 trustees offi¢¢, drawn from varysng ba¢kground4 ivho bring a wid¢ range of ¢xp¢nise to the board in¢llldin8 governance, health & Safety. IT. SafegrdIng and fitWiC¢ Skills. The operational staff c05npF15e of the general manager supported by skit¢boarding coachcs, finanv, administrative, youtIVoutrea¢h, premises and ¢ai¢ring siaff. Pag¢ 2
AWKE YO AND COMMUN i CRO REPORT OF THE TRII.STF.F..% OR THE YEAR ENDF.D 31 JULY Independ¢nl Exomln¢rJ TC Group wcrc rc-appointed as the ¢hDrliy's independent examiners duri the year and hove txprcssed their wiliin8ness 10 ¢oniinue in thai ¢op4ciry. Decl817tio The tnJsie¢s decl•rn that they have approved the tnthe¢s' r¢port abDve. Slgtted on bchalf of the ¢bnrity'5 1rn5tees REFERENCE Af4D ADMINISTRATIVE DETAIiS Registered Charity 1182950 Principal addresj Moiinr Hawk¢ 8kii¢po Gover Waterwork's Mount Hawkt TRURO TR4 8EIQ Tru$t¢¢g V E Lu¢kwell (tts18Th¢d 101912024) M Shillon P Cl¢men¢e E Clemet)c¢ N E H1 (rtsigned iofyr2024) A P Cheal S W Puenle C Ilrnoks W D•v¢y Ind¢p¢ndetst ExMlner James Penree FCA TC Group The Old Lurria¥p Work¥ Moresk Ro4d TRURU Coniwall Trl IDG Approved ty ordcr of the bo•Jd of $t¢¢5 011. .. ......... . And si8n¢d on 118 b¢hiifby.' P Cl¢m¢n¢¢- Thifft¢ Page 3
ENT EXAMINER'S REPORT TO THE TRUSTEES OF MOUNT HAWKE YoufH Af4D CO MUNITY GROUP IndeptndeDt ¢x•mlner'i r¢port to lh¢ tryslt¢s of H8Y4ke Youth •nd Cowmunlty Grollp I report to the charity InetS on m>. examinDtÉon of the accounts of Mount Hhwke Youth and Community Group (the Tnt) for th¢ year erjded 31 July 2024. Responslblllllts and b1 of rtport As the charity trus¢s of th¢ you are We4$11 >1¢ for th¢ pr¢pLration of tlie accounts in ac¢orth¢¢ wiib the T¢quirem¢nts olthe Ch¥iiies Act 2011 Cth¢ Act I report in Te5peci of my ex•rnination of the Ttusvs xcounts carried out under Section 145 of the A¢1 and in calrying out my eyamitiation I have followed all appli¢4ble Directions given by the Chariry Commission urwjer Stctiott 145(5)(b} of the Act. Indtpendent exRrnlntr's ststerntnt Since your ¢harity's ETOSS in¢ornv ¢KG¢dEd £250,000 your examintt musi b¢ A member of a listed body. l ¢an ¢¢>ttfEm) thol I atn qualifi¢d io und¢Tthk¢ the eXnina1]0ll be¢ause l am 8 member of the Ins1iWt¢ of Cb•rt¢red A¢countaDts in Ett8E•D0 Ind Wales, which 1$ one olthe lisied bodies. I hav¢ compl¢t¢d my •mInI¢l0n. J confTh that no mal¢ri&l m8tt¢ws have come to my ittentlott kn conneaion with the XnIn8tiOn 8ivlnB m¢ ¢u$¢ to b¢ll¢v¢ that in #nymateritil rnpt¢i: ¥counlin8 T¢rdS wer¢ noi kept in respeci of the Trust p$ requir by Se¢tion 130 ofthl A¢l- or the a¢¢ounts do nol O¢COTd with Ihoy¢ r¢cord$' or the IrUnts do not comply with the applÈcable requlremettts conceMln8 the forni and con*nt of tc¢ounts oui In the Chariiies {A¢¢ouDts Repms) R¢BulAtions 2008 other than tsny regulrement that the Count5 8ive a tru¢ thd falr Vbew whl¢h is noi & matter considered as pfirt of an lThdepeThdenl examination. I hve tho c(mctrns And h8v¢ corne i¢n)55 no other matters in eoThnetilon wlih the exomlmilon to whlch attentlon should be drnwn in this Teptsn in orderio entsble tt proper understhttding orth¢ ac¢ounts lo be reochvj. James P¢Ar¢e FCA TC Group Th¢ Old CaJTlaMe Workg More5k Roud TRURO Cornw•ll Trl IDG PaBe 4
MouNr TH AND OM GRO Er OF FJNANC E I'EAR ENDF.D Tl LI. 2024 FORT 2024 Toial 2023 Totsl nd$ Unre5rri¢kd rund5 Remicied fwjds Nol¢s INCOMF. AND Ef4DOWMENTS FROM Donaiif>ns ond legacies 225 5.600 5,825 3.845 Charltabk ae¢fvl¢l Sk8le Park 266.737 266,737 244.775 Other trJdinB actlvlties InY¢simeni Incomo 122,394 122.394 95.9CiI Tot1 389 757 394 937 EXPENDITURE ON Rhisijjg funds 68,895 68,895 51,587 Charftable 8¢llvlll¢i Sk-oi¢ lJllrk- 326.106 Totll 395061 414671 376 349 NET ITrCOMFJ{FPEND1TuRF. 13,704) (14,010) (19,714) {31,8291 RECONCILIATION OF PUNDS Toial fiiiids broughi fons'ard 438,178 70.628 508.806 540.635 TOTAL YUIYDS CARRIED FORWARD 432 474 489.1 The notrs forni port of these fllkaDcial $til¢m¢Thts 8¢5
HAWKK YoirrH LAN 31 JULY 2024 2024 Total fund6 2023 Tol tunds Unrestrided lund$ Restricted fwids Note$ FIXED ASSETS Tan8ible usseis 13 326.503 51.018 377.521 423,263 CURRF.NT ASSEIS Sto¢k$ Debtor¥ C4sh ot bank. and it) hajid 14 15 9,349 7,184 9.349 7.184 4.91) 2.?57 92 117.328 5.600 122928 99.403 CREDITORS Amounts lalling due withln one year 16 (11,357) 111.357) (13.860) NET CURRENT ASSETS 105971 TOTAL ASSETS LLSS CURREI LIABILITIES 432.474 56.618 489,092 508,806 NET ASSETS 432 474 489 092 508 806 FUNDS Unrestricted funds R¢$tricted fund5 17 432.474 438.178 TOTAL FUNDS Tlie fancIal stalem¢nt3 wer¢ ¥pproY¢d by th¢ Btswd ofTnMleei and th(lS¢4 for iswp ¢)D . ond were slphed on 119 behaifby: rii•Ji 11 P Clemtt- Thjmee The no*S fonn w of these financial Matements
OUNf HAWKE YOUTH AND CO UP41TY GRO OTF.S TO TIIE FINANCIAL STATEMENTS FOR THF. YEAR ENDF.D 31 .[ LY 2024 ACCOUNT114G POLICIES Basi£ of prep8Tln% the fmAnelal si*lenb¢ttfx The financial %iatem¢ni$ of the Charity. which is a publ&¢ beDefLt entiry tshder FRS 102. have bcett prwred accordance with the Charities SORP IFRS 102) 'Accoyniin8 and Reporlin8 by Ch8ritlCs.' Siaiemeni of Rtcorninended Pryctice applicsble ¢0 chritiCS prepating iheir th¢¢ouni$ in ?¢¢ord&th¢e wilh thc Finun¢ial R¢portin8 Standard appli¢able in the UK ond Republic of ITelRnd IFRS 102} {Effcclive l JtsniiDry 2019),. Financial Rew?nsng Srandard 102 The FinancÈal Reportin8 Slandsrd applicablc In llie UK and Republic ofir¥]anJ' and th¢ Charilic5 Act 2011. Tht f1¢1&7 staiemenis have been pr¢p4red under ihe hisloric81 cost conv¢niion. The chBrfty hw ten advants8e of the provisions ID the SORP for ¢harities noi to pr¢pue a Staiethent of Cash Flow5. The fmllTrcial #ialeni¢nls are ppared in 51erling, whi¢h is the fvn¢tlonal culnCy of ih¢ ¢haTity. Monetsry amounts in tljese final1¢1 slAtenienis are rounded thc Nearest £. GDiDg ¢on¢¢r The uu51ees ¢on5ider Ihe cbwrity ts b¢ 4 goin8 COD¢¢m ond th•1 no maleri41 yii¢¢rtginiies exist. Th¢ a¢¢ounts hiv¢ Incomt IncumL donations And grint$ 13 rEcoBnlsed in the Staiemeni of Flnin¢lo1 A¢ilvlties onet the chttrtty h ¢ntiilcni¢nt to the funds, it 15 probllble th&t the iThconie will be received and lh¢ amouni ¢nn measured rcliably. In¢ome from trthdirtg aciiviiies In¢ludlng 5ubJttipilon8 & m¢mber8hip3. fjk bar 6kai¢ scliool 1$ reco&i)l$ed on Ihe ofwhen the xThl¢e ts d¢llver¢d. Exptndliure l.iahilitiei ar¢ r¢cognised as expendiNtt as soon as there 1$ 81¢8al tt ¢onstnieiive obligDlion tommhilng ihe ¢hDriry ID thAI cxpendilurc, il is probal>le Iliat a tratlsfer of economic knefils will be requir¢d in setilcmtni Dnd tht omouTrt ofthe obli¥aliDn ¢an be meAAired reliably. Eipeiiditurc Is accouThttd for on atb i¢rnJAlJ b•5is and has bern classified under he#din85 Ihai aggre¥aie 411 ¢osi relaied io lh¢ ¢ui¢gory. Where ¢0515 eonnol bc dirtcily attribul¢d io particular beadlny ihey have been allora¢ed io aclivitiC5 on coniisieni wlth th¢ u¥¢ ofreBOUW¢S. Charltablt arih'ltltj Chtirilabl¢ 4uiviiies in¢lude all exndlIU1t as31(¢d wilh the ¢hKitsble wo. GDYcrn#nc# costJ Gov¢nJHTh¢¢ ¢osis include thos¢ in¢urr¢d in the sovemance of the chry fjnd 119 ass¢ts ond are prIMllY ouwial¢d with ¢ffl15titutionbl and stAtutory requlrements. T•nglble fixed •uelJ Depr¢ti•ii(m18 provided at th¢ fpllowing 8ttnual rntes in OTdEr to 11¢ Off ea¢h Ms¢t over ils eslkmwied w¢ful life. Freehold property Pl&tbl and ma¢lJiti¢ry Conjputer ¢quipni¢nl 50/0 on reduciD8 balanc¢ 25V• on r¢dii¢in8 balAn¢¢ 330h on r¢ducin8 bAllln¢¢ Slo¢ki Stork5 ar¢ Yllvcd ai the lower of ond n¢1 a}bIbl¢ v•llle, after makinB due allowAn¢¢ for ob501ete ond $low moving ii¢ms. TDxatloTr Th¢ charity is exempi i¥x on its ¢lwtt8bl¢ aclivltlts. Page 7 continued..
YOUTHA OM TO E FtNANCIAL STATEMENTS- eonl FOR THE YEAR ENDE Y 2024 F4nd 4ecouDti Restricted funds Can ottly be usd for panicular ricted p}St$ within the obF¢u (If the cbarity. Re5trictsoDs ar&s¢ whEn 5PEcÈf&ed by the dww4xwheD fuThJs are rnised fty p8rtKularrtStri¢ted pwposes. Further explJnatiOD of the n#ftwe afjd PUTPWC of eacb fvnd is iD¢luded in the note$ to the fLnaDrial si8i¢m¢nis. Htre purthase and leasing Rtyiols paid under kases are dwged to the StatemEM ofFmaDcial A¢tiviiies on a mighi line basis ov th¢ p¢tiod of the lease. Cash and ¢h eqllinltDts Casli aud c&sli equivalettts indud¢ casb iti haD dew51 held rall with bAnL& oiher $7JM-term liquid investments wilh otiginal ma¢uritie5 of thTec months or les& and bank" ov¢rdrafts. BaDk ovcrdrafts are 51Jown within ix)ffDwin85 iti cur1 liabiliiieJ. The thority hth5 electsd to apply the provts1o of Secti(0 I I 'Ba5i¢ FinaDc1 11n' S¢¢lion 12 'LMher FTnancial In5trumenL8 Jse5. ofTrTrs 102 io all of its fwDcial instruments. Financial iDstruments are reco8nis¢d in th¢ thritys batan¢¢ the¢¢ wbeD the charity tVOrn party to the ¢ontyact pmvisions of the itb51Tumcnt. FiDancid assets and liOiii¢s we offseL with the ID the fuwKial sts1cmen when there is a legollj ¢rtfor¢¢ablc rEhr w 5Ct off the rerogDi5cd •hd th¢ is att inwili to sdtle on a nEt bEsis or lo rcali5e the a55ei and seuk the liability simultht)eousty. B•sl¢ nnaneknl #ssets Basic fmatjcial assets, whi¢h include trade deb other debtOf5 and ¢ash and bank b4Pan¢e4 arc initiilty rn¢aswed at transa¢lion pri¢e including ¢ransa¢tion costs ajd subsequenY eaffied It ortISed using ihe ¢ffectÈve interest method UDless the anang¢m¢ni ¢on#iwies a fmathcin8 traD5actioN where tbe imwaion 15 measured ai th¢ preseni v4lue of the fijwrt rec¢ipts di$¢oted * 4 tyartet ratr of iAtcrcst. Fin#nciol assets ¢lassified 85 rectivable Mithin yeu arr not arn•xti5 BAsie nnanclal Ilabllities B&81¢ rtnan¢l liabilitie4 iu¢ludiDg tradr rml#ots cre¢liicrf5 xe ]Diii1) re¢wis •¢ transaction wice nl¢ss lh¢ arrang¢m¢Dt ¢ottstii¥i¢S a finaDGing ItaJLsadioii, whue the debt insinM is D)eed at the pr¢t value of ihe future paymttsts dis¢ounted at a mkei rne of inieresL Fill3ncial liabÉlÉtie5 classified 85 p8y&ble within one year 8re not 2n)ortis opeTatinns froni suppliers. Arnolmts pa>able are clas5ifxd as li11111¢$ if p4yMl Trs within ¢Jne Iyar Ies$. If noi, Ihey aTE prts¢Di liabilities. Tr CEediror5 are reco8ni%d initthlly at tran5actiou ptite and subsequenily measured at amortised rostusing the ¢ffeaiv¢ inte¥eA meAhod. Dtt¢¢ogl¢lo# tsrriJwei•l Itlblliti ¢m¢¢llcd. Pase 8 ¢ontinued...
MOUNT KE YOUTH AND CO NITY GROUP NOTES TO THF. FINANCIAL.%TATEMENTS- continued FOR TFIE I'EAR ENDED JI JUI.Y 024 Employ¢¢ b¢n¢fits The cost of any unus¢d holiday enliilcmcnt is rccogni5ed in the period in whi¢h the ¢mployee's service5 aft etvcd. Tennitbation bthefits ase re¢ognistd inimedilltely a5 8Th expense when the ¢harity is dcmonstrabty committed to ternJin81¢ the ¢mploymeDi of an employee or to wovide tellInation b¢nef&ts. Criti¢al a¢countthg tgtiwat¢S aDd Jydi¢mcnts Jn the applicaiion of the Charity's accouniing [lIcit ihe m1CeS #rc required 10 nJak¢ iudgenients. enat¢S aDd Ssunipiion$ al4)ut the ¢anying am0( of a5ts and liabiliues thal ar¢ noi readily app1 from other sollrces. Th¢ ¢Slimat¢s und us50ciat¢d assumptions arv ba5¢d on hislori¢al experientt aDd othu fa¢tws that 4re ron5idertd ¢0 b¢ relevani. Athal r¢sults may differ from th¢se estimates. The ¢stim#ies and und¢rl)llng #ssumptions are Teviemed on an ongoing basis. Revisions to Decoottting ¢dimes 8re re¢o8nis¢d in Ilie perithf tTh w'btcb the esiimtti¢ is ls¢d here ihe revision affEct% only ihat period. or in the p¢rivd ofthc rcviiioD and futs]re PEfiDds whert the rcvision afftcts both curr¢nt ond futur¢ period$. Page 9 ¢oniinued..
ourfr HAWKE YOUTH Af4D CO ES TO THE FINAP4CIAL STATEMF.rffs- FOR THE YEAR ENDED 31 JULY 2024 DONATIONS AND LEGACIES 2024 2023 Skptepark donJtiDn5 Ramp fund&li&llpipo donations Grants 225 345 Gran1$ r¢¢eived. included in the above, are a5 follows.. 2024 2023 Cornwall CLYTr1ty PPA Cornw)11 Qjuncil 3.500 2024 2023 s¢$.. Cold Drinks Sales.. Snack b#r T Shill sales {YOh ¢lothithg) Sales.. Merchandise F¢¢d in lariAT Skate dcpartsnetti BMX department Sifety he]m¢t sales 1.605 84.262 2.646 4.078 3.457 25.655 3.938 69.403 2,410 3,451 4.905 11.669 86 38 689 INVESTMENT INCOME 2024 2023 Dep05ir atcouni interest P88e io eontlnued...
ru YOiITh AND MMUNITY CROUP O THE FINAP4CIAL STATEMENTS- FOR THE YE R F.NDED JI JULY 2024 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity Group bookin8$ Skate Pfjwk Subscriplioni thnd membership SkAte Pa Venite hire Skste Park Skat¢ s¢hnollromp htr¢ Skhte ParL- Other income Skate Park Roomlcotsthiner renl hir¢ Skale Park Scoo*r hire Skate Park 13.752 213.032 7.542 22275 330 8211 lQJ21 203,105 5.520 17.015 3.101 5.615 25 266 737 RAISING FUNDS O¢h¢r lY•dlni •¢¢fvltkx 2024 2023 Openin8 stock Pur¢htses Closing lik 4.913 73.331 1,900 54,600 CHARITABLE ACTIVITIES COSTS Dir¢c¢ C4sts (lee Dot¢ 8) Suppon costs ($e¢ notc 9) Tothlg Sk#te P4rk DIRECT COSTS OF CHARITABLE A1VITIEs 2024 2023 183,963 14,920 21,492 3.685 2.585 4.682 161,080 18,036 13,725 2,605 2.088 3.952 E5tBbli51iinent costs Repairs BThd maint¢nan¢¢ Sub$¢ripiions ond donotlonj Equipmeni hire Cleaning D¢pre¢iatlo 279 706 gell ¢ontinu¢d...
MOUNT HAWKE YOUTH AND COM1vNrr NOTES TO THE FINANCIAL sfATEMEPITS- ntInUed FOR THE YEAR ENDF.D 31 JULY 2024 SiJPPORT COSTS M#n•g¢meni Fitw Costs Tot0 Skate ParL. 51.634 66.070 Support ujsts, included in the a¥4 are as follo 2024 2023 Tolal aciivslies Park W•g¢s Office Expen5CS Postage and stationery Adyenising Svtndri¢$ Bank clLar8¢5 Irre¢ov¢rable VAT Lwl and pmf¢ssion81 A¢¢ountancy 45,991 2.895 485 875 1.388 4.058 3,950 3278 40.270 2.852 355 2.325 1,652 5.IS4 1.384 7.760 TRUSTEES, REMUNERATION AND BENEFITS There were no Iwsiecrf remuneratlOA or othtr knefiis ftt ihe yeu ended 31 Juty 2024 nor for the yeLr ended 31 July 2023. Truste¢s' expenAs There were no trustees, expen pid forthe ytarended 31 Juty 2024 nor for the year Cl¢ 31 Jyty 2023. STAFF COSTS 2024 2023 W8ges and 58larleg 201350 201.350 The av¢rag¢ monthly numberof ¢mploye¢s thirin8 th¢ yearwb5 follows: 2024 2023 Mgnagement Administration 13 10 14 No cmployces received emolumrnts in excess of £60.(fft1. Py12 ontinu¢d..
ouNr HAWKE YOUTH AND COMMi)NITY GROUP NOTES TO THE FINANCIAL STATEMEMS- tontltrwe FOR THE YEAR ENDED 31 JULY 2024 Ai. STAFF COSTS- ¢oth¢ittty¢¢l The key management personnel orth¢ CIO comprises of the trustees and th¢ c¢ntre manager. The total amount of emploYeeb¢Der of the key mgnagemeut pets01¢1 of th¢CIO were £37.866 (2023- £37276). 12. COMPARATIVES FOR THE ATEMENT OF FINANCIAL ACTJVITIES Unr¢stricd fund5 Rethicted funds INCOME A]¥D ENDOWMENTS FROM Doviions 8nd le8J¢ies 3,845 3.845 CharltAbl¢ a¢tlvlll Ska Park 244.775 244.775 Other ts¥ding actlvities Totsl 344.520 344.520 EXPENDITURE ON Rarsin8 funds 51.587 51.S87 ChArltablt a¢tlvStS¢s Skate Park. 299 480 324 762 Tolal 376 349 NET INCOMEI(EXPENDJTURE) (($47) (25,282) (31,829) RECONCILIATION OF FUNDS Tolal funds broughi forward 444.725 93.910 540,635 TOTAL FUNDS CARRIED FORWARD 438 178 S08 806 Page 13
MUNrrY CROUP NOTES TO THE FINAP4CIAL sfATEMENTS- continu FOR THE YEAR ENDED 31 JULY 2024 13. TANGIBLE FIXED ASSETS Frtthoid Plotsi and Computer ¢quiptneDt Totals cosr Ai l August 202) Addltions 354.654 362,222 670 717.546 Ai 31 July 2024 354.654 670 720 183 DEPRECIATION At l August ?023 chse for v¢ar 228.587 379 294,283 14,467 Ai 31 July 2024 475 NET BOOK VALUE At 31 July 2024 274 870 195 377.521 Al 31 July 2023 289 337 291 423,263 14. STOCKS 2024 2023 Stocks 9.349 Is. DEBTORS: AMouf4TS FALLINC DUE WITHIN ONE YEAR 2024 2023 Trade deblors Other debiors Prepayments ¥nd •¢mi¢d incorn¢ 6.509 so 62.5 1.36$ 300 589 Pagt 14 continued..
MOUNT HAWKE YO H AND commuNy GR017P NOTES TO THE FINAfCIAL STATEMF.NT.S- eontlTrued FOR THE YF.AR F.NDF.D 31 JULY 1024 CREDITORS: AMOiJP4TS FALLINC DUE WITHIN ONE YEAR 2024 2023 Tnde creditor5 TtiOn and social security Other creditors 2,157 3,297 ?.475 3,117 J7. 1%IOVEflENT IN FUNDS Net mov¢mtni in fund5 Tronsfers b¢teD funds At 31nr24 Ai 118123 Unreslri¢ted funds General fund Fix¢d Asset Reserye 85.543 352 635 23.065 (2,6371 105.971 326 503 438.178 (5.704) 432.474 RestrAct¢d fullds Pump Tfa¢k Proje¢1 Outdoor Skate Plan Proj¢c¢ Comwall Council- G(KKI Growth Community. Cap?¢ity Fwid 18.193 52.435 (4.548) {15,062) 13.645 37.373 14.010) 56,618 TOTAL FUNDS 508 806 19714) 489.092 Nel movemenl in fun included it) the above we ¥$ follows: Jncomins r¢souT¢es Rcsour¢ expendcd Movemettt in fund5 Vnrtstr5ettd funds Gen¢ral fund Fixed Asset Reserve 389,357 (366,292) 23,065 769) 389.357 (395,061) (5,704) Reslricled funds Pump Track Projrtt Outdoor Skalc PlazL Project Cornwall Coun¢il. Good GTOM Cornmunity Capacity Futtd (4,548) (li,062> (4,5481 {15.0621 19610) TOTAL FUNDS 394 957 414671 197141 Be15 ¢othtinucd..
ou YOUTH AND COMMU TO THE FINANCIAL STATEMETh- toDtlnwd OR THE YEAR ENDED 31 JULY 2024 17. MOVEMENT IN FUNDS • ¢wllnwed CornpAntlves for movemeBI IA Transfe movement At 31nn3 Atjrn rdI UDrestricted 67.121 377.fAM 26.630 (8.208) 8.208 85,543 35? 635 FIX A5Srt Rest7ve 444.T25 (6.547) 431.178 Reslrirttd fuMIs Puthp Trxk Projeti Outthor sk Pla7J Trgjeq 24251 (A065) 18,193 TOTAL FUNDS 540.635 508 806 Comparative net movenleni in 5n¢luded In th¢ as follows.. Movement expended In funth UDres¢rl¢¢ed fun Genenl fund Fixed Assei Reserv¢ 344.520 (317.890) 26.630 33 177) 344J20 1351,0671 <6.547) Rejirfeted funds Pump Track Proje Ouidoor Skate Plau (6,065) (6.065) 19 5282 25 376 49 31829) Py16
MovNf HAWKE YOUTH AfiD COMMUNfrY GROUP NOTES TO THE FJT4AP4CIAL STATEMEP4TS- cotAVed FOR THE YEAR EP4DED 31 JULY 2024 17. MOVEMENT IN FUNDS- tontined A ¢Ufrnbt year 12 rnonths andprioryear 12 month5 cornbilled pw)sition is as follow& Net movemeni in fiIT¥ds TraDsfers b¢ts%'ee fwids Al 31n124 At 118 U#rricted fndS Gcncral fund Fixcd Ass¢1 Reserve 67.121 377.604 49.695 61.946) (10,845) 10.845 105.971 326.503 444.725 (12251) 432.474 Restrl¢t¢d funds Punip Trdck. Project Outdoor Skaie Plaza Project Cornwall Council- Good Communiiy Capa¢tty Fund ?4258 ?1.652 (EO.613) (34.279) 13,645 37,373 (39 292) TOTAL FUNDS 540.635 489 092 A ¢umt yeor l? months and prior yeor l• months combined net rnovement in fund5, in¢luded in th¢ Above Ore ag follows.. Incomlng resources Resources exp¢nded Movemeni itt fund$ Unreitrlct¢d funds General fund Fixed A$$¢i Reserv¢ 733,877 (684.182) 49,693 733,877 (746.1?8) (12.251) Restrleitd funds Puinp Track l¥oj¢ct Ouidoor Skale Pla7a Projc Cornwall C(puncil- Good Gr0h Comjnuniiy c4¢$ry Fuod (10.613) (34.279) (10.613) (34.279) 5.600 5.600 44 89?) TOTAL FUNDS Pump Track Projttt: This rtPfE5ents fimd5 received forlhe pw¢has¢ and instalm¢nt of the pump track. Outdoor Sk4t¢ Plo7A Proje¢L This tepresents fimds re¢¢iYa for the purC1Se and insralment of the outdoDr skate Cornwall Council - GoTrJ Groth Communty Capaciry Fund: This wresents a 8rant rettived from the Cornwall Council for fees r¢l•tin8 10 th¢ SIne¥ plan complaed in 2024. Page 17 ¢ontinued...
ou NOTES TO THE FRNANCIAL ST "EAR EDED 31 JULY 2024 I& RELATED PARTY DISCLOSV Th¢w¢ wer¢ DO r¢l•ted parry lransaffl for th¢year¢r4deil 31 July 2024. Pa8e 18
MOUNT HAW YOUTH AND COMMUNITY GROUP ETAJLED STATEMErrf OF FINANCIAL AcfiviTJE FOR THF, YEAR EP4DED 31 JULY 2024 2024 2023 INCOME ENDOWMENTS Donations l¢ga¢leJ Sk'atepark donaiions Ranip fund&half pipc dotstsiions Grants 225 345 5.825 3,845 Other tr*dillg actliilles Sal¥s.. Cvld Drsnk5 Salcs.. Snack bar T Shirt s&l¢s (Youlh clolhing) Sales.. M¢r¢handise Feed in tariff Skate dcpartmcnl r4MX dei)arnii¢ni Safety lielmel sales 1,605 84,262 , 2,646 4.078 3,457 25,655 3,938 69.403 2,410 3.451 4,905 11,669 86 38 689 122.394 95,900 Investment Incom¢ D¢posi¢ account interest Chnrituble actlYitle5 Group bookinkis Sub5criiitions ond meinhership Venue IiiTe Sk'aie s¢hooVramp hiro Oiher inconie Room/coniaiJicr r¢ni hire Sci)tli¢1 liire 13.752 213,032 7.542 22.275 330 8.211 10,321 203,105 5.520 17,015 3.104 5.865 25 266 737 Total Ineomlng resource# 394.957 344,520 EXPENDITURE Other trAdlng #ctlvltles Opening $loLk C05t of sales c.losing $¢ock 4,913 73.331 1.9L 54,600 68,895 51,587 ClIRri¢Abl¢ 4etlvltles Wag¢s Carried fonyard 183,963 183,963 161.080 161.080 This page does not forni pari ofthe stsni¢ory f8¢181 ststements Pa8¢ 19
WKE Yor AND COhThl ED StA TEMEKf OF FINAf4CI LArr FOR THE YEAR ENDED 31 JULY 2024 2024 2023 Cb•ri¢able aelivilies Broughi fonvard Estsbli5hrnent co5 183.963 14.920 21.492 3.685 2,585 4.682 14.467 33.816 161.080 18.036 13,725 2.605 2.088 3.952 15228 43,087 144 sub5ffjion5 and donatirns Equirent hir¢ Ckaning F¢hOld property Planr and macbiDery Comput¢r equipment 279.706 259.945 Support costs Mana¥tment W•8es 45.991 1895 485 875 4027fl 2.852 355 2.325 1.652 Expensc5 Adv¢nising 51.634 47,454 Fitsithce Bank charges 4.058 5.184 Govtn)an¢e ¢osts Irre¢ovcrable VAT Legal and professional Accountancy 3.950 3278 1,384 7.760 lo 414671 376 N¢1 expefydtture Pagt 20