Mirfield Mind and Body
Charity number 1187261
Annual Report and Financial Statements
for the period 8 January 2020 to 31 December 2020
Mirfield Mind and Body
Annual Report and Financial Statements for the period 8 January 2020 to 31 December 2020
| Contents | Page |
|---|---|
| Trustees' report | 2 to 3 |
| Receipts and payments account | 4 |
| Statement of assets and liabilities | 5 |
| Notes to the accounts | 6 to 7 |
Prepared by West Yorkshire Community Accounting Service
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Mirfield Mind and Body
Trustees' report for the period 8 January 2020 to 31 December 2020
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates
Position Dates Steve Moore Chair Appointed 8 January 2020 Greg Lambert Treasurer Appointed 8 January 2020 Karen Ellis Appointed 8 January 2020 Vince Thompson Appointed 8 January 2020 Kalem Redgwick Appointed 8 January 2020 Resigned 11 January 2021 Mark Warburton Appointed 8 January 2020 David Hall Appointed 8 January 2020 Simon Watts Appointed 24 September 2020 Tracy Watts Appointed 24 September 2020
Charity number
The charity was registered with the Charity Commission for England and Wales, number 1187261, on 8 January 2020.
Principal address
Unit 5 Station Business Park Back Station Road Mirfield WF14 8QF
Accountants
West Yorkshire Community Accounting Service
Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is a Charitable Incorporated Organisation (CIO) formed on 8 January 2020 and governed by a Foundation constitution.
Method of recruitment and appointment of trustees
The trustees of the charity are appointed by a resolution at a meeting of the trustees.
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Mirfield Mind and Body
Trustees' report (continued) for the period ended 31 December 2020
Objectives and activities
The charity's objects
The object of the CIO is to promote for the benefit of the inhabitants of Mirfield and surrounding areas, the provision of facilities for sports and other recreational activities for individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants.
The charity's main activities
Community space is limited in Mirfield and is general in purpose, meaning it’s limited if an organisation wishes to provide a specific offer - such as a large, safe matted area for martial arts, yoga, massage etc. Mirfield Mind and Body (MMAB) was established to provide such a space and has a close relationship with its anchor tenant Mirfield Martial Arts Club (MMAC), an award winning community martial arts club (a CASC) run by volunteers.
Public benefit statement
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular health and wellbeing and the advancement of learning sport and martial arts.
Achievements and performance
MMAB rent out the space to several licensees that provide different sports. Karate for adults and children. Taekwondo for adults and children. Gymnastics for children. Aikido, for adults and children. We also have Tai Chi and yoga classes. The Duke of Edinburgh award scheme has also used the premises.
Financial review
The net receipts for the year were £1,934, including net payments of £1,066 on unrestricted funds and net receipts of £3,000 on restricted funds.
At the time of signing these accounts the charity has been impacted by the global Covid-19 virus. The trustees have reassessed the charity’s ability to continue for at least 12 months from the date that the accounts are approved and conclude that no material uncertainties exist that cast significant doubt on the charity's ability to meet its liabilities as they fall due.
Reserves policy
The charity's free reserves, excluding fixed assets, at the year end were in deficit by £1,066.
The funds are showing in deficit as rent was overpaid at the year end by £2,850, this was refunded after the year end.
The CIO does not currently have a reserves policy.
Signed on behalf of the board of trustees on 24/10/2021
Steve Moore (Trustee)
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Mirfield Mind and Body
Receipts and payments account
for the period 8 January 2020 to 31 December 2020
| Notes 2020 Unrestricted funds £ Receipts Grants and donations (2) 10,000 Rental income 4,455 Total receipts 14,455 Payments Property rent 14,250 Utilities 897 Telephone and broadband 374 Total payments 15,521 Net movement in funds after transfers (1,066) Fund balances brought forward - Fund balances carried forward (3) (1,066) |
2020 Restricted funds £ 3,000 - 3,000 - - - - 3,000 3,000 |
2020 Total funds £ 13,000 4,455 17,455 14,250 897 374 15,521 1,934 - 1,934 |
|---|---|---|
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Mirfield Mind and Body
Statement of assets and liabilities
| as at 31 December 2020 2020 Unrestricted £ Cash funds Cash at bank (1,066) Total cash funds (1,066) Other monetary assets Prepaid property rent Liabilities Independent examination |
2020 Restricted £ 3,000 3,000 |
2020 Total £ 1,934 1,934 £ 2,850 2,850 £ 300 300 |
|---|---|---|
Approval of the accounts
The financial statements were approved by the board of trustees on 24/10/2021
Steve Moore (Trustee)
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Mirfield Mind and Body
Notes to the accounts
for the period 8 January 2020 to 31 December 2020
1 Accounting policies
Basis of accounting
The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.
There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
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Mirfield Mind and Body
Notes to the accounts continued
for the period 8 January 2020 to 31 December 2020
| 2 Grants and donations Kirklees Council 3 Restricted funds Kirklees Council Fund name Kirklees Council |
2020 2020 2020 Unrestricted Restricted Total funds funds funds £ £ £ 10,000 3,000 13,000 10,000 3,000 13,000 Balance b/f Incoming Outgoing Transfers Balance c/f £ £ £ £ £ - 3,000 - - 3,000 - 3,000 - - 3,000 Purpose of restriction Flood Relief Grant to help organisations get back up and running following flood damage. |
|---|---|
4 Related party transactions
Trustee expenses
No trustee received any expenses during this year or the previous year.
Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
Other related party transactions
Other transactions with trustees or related parties
The following trustees are all committee members of Mirfield Martial Arts Club (MMAC), a Community Amateur Sports Club, Mark Warburton, Vince Thompson, David Hall and Greg Lambert. MMAC rents space from Mirfield Mind And Body (MMAB), the space is rented out at the same rate as to other organisations. The amount of rent paid by MMAC to MMAB in the year was £2,260.
Due to difficulties relating to the Covid pandemic, the charity has not been able to set up a bank account. The charity funds are currently kept by the Mirfield Martial Arts Club.
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