Mirfield Mind and Body
Charity number 1187261
Annual Report and Financial Statements
for the year ended 31 December 2023
Mirfield Mind and Body
Annual Report and Financial Statements for the year ended 31 December 2023
| 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 Accountancy Service CIO
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Mirfield Mind and Body
Trustees' report for the year ended 31 December 2023
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
Steve Moore Greg Lambert Karen Ellis Vince Thompson Mark Warburton David Hall Simon Watts Tracy Watts
Charity number 1187261 Registered in England and Wales Registered and principal address Bankers Unit 5 The Co-Operative Bank Plc Station Business Park PO Box 600 Back Station Road Delf House Mirfield Skelmersdale WF14 8QF Lancs. WN8 6NY
Accountants West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is a Charitable Incorporated Organisation (CIO) foundation formed on 8 January 2020 and is governed by a constitution.
Method of recruitment and appointment of trustees
The trustees of the charity are appointed by the trustees at a duly convened meeting.
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Mirfield Mind and Body
Trustees' report (continued) for the year ended 31 December 2023
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
Mirfield Mind and Body (MMAB) was established to provide a community facility for matted sports such as martial arts, personal training, yoga and gymnastics groups. It 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.
We provide a community facility for matted sports such as martial arts, personal training, yoga and gymnastics groups.
To date we have five groups providing sport and activity covering six evenings a week.
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
Mirfield Mind and Body has provided facilities that have enabled hundreds of hours of sport and recreation across hundreds of adults and children. We have maintained the provision at the lowest possible cost through the many hours of unpaid volunteering of the small team.
Financial review
The net receipts for the year were £1,542, including net receipts of £1,903 on unrestricted funds and net payments of £361 on restricted funds after transfers.
Reserves policy
The charity's free reserves, at the year end were £7,306.
The trustees do not currently have a reserves policy.
Approved by the board of trustees on 19/9/2024
Greg Lambert (Trustee)
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Mirfield Mind and Body
Receipts and payments account for the year ended 31 December 2023
| Notes 2023 Unrestricted funds £ Receipts Grants and donations (2) - Rental income 17,026 Payment from related party (to be repaid) 3,892 Total receipts 20,918 Payments Rent 12,329 Utilities 6,059 Phone and broadband - Stationery and printing 81 Cleaning and waste 60 Equipment 76 Repairs and maintenance 28 Accountancy 504 Professional fees - Refreshments 24 Health and safety 215 Total payments 19,376 Net receipts / (payments) 1,542 Transfers between funds 361 Net movement in funds 1,903 Fund balances brought forward 5,403 Fund balances carried forward (3) 7,306 |
2023 Restricted funds £ - - - - - - - - - - - - - - - - - (361) (361) 361 - |
2023 Total funds £ - 17,026 3,892 20,918 12,329 6,059 - 81 60 76 28 504 - 24 215 19,376 1,542 - 1,542 5,764 7,306 |
2022 Total funds £ 5,000 14,900 - 19,900 12,030 3,714 374 - 50 - 4,341 480 298 - - 21,287 (1,387) - (1,387) 7,151 5,764 |
|---|---|---|---|
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Mirfield Mind and Body Statement of assets and liabilities
| as at 31 December 2023 2023 Unrestricted £ Cash funds Cash at bank 7,306 Total cash funds 7,306 Liabilities Accruals Other creditors - deposit from related party to be repaid |
2023 Restricted £ - - |
2023 Total £ 7,306 7,306 2023 £ 552 3,892 4,444 |
2022 Total £ 5,764 5,764 |
|---|---|---|---|
The financial statements were approved by the board of trustees on 19/9/2024
Greg Lambert (Trustee)
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Mirfield Mind and Body
Notes to the accounts
for the year ended 31 December 2023
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 year ended 31 December 2023
| 2 Grants and donations Kirklees Council 3 Restricted funds Kirklees Council Fund name Kirklees Council |
2023 2023 2023 2022 Unrestricted Restricted Total Total funds funds funds funds £ £ £ £ - - - 5,000 - - - 5,000 Balance b/f Incoming Outgoing Transfers Balance c/f £ £ £ £ £ 361 - - (361) - 361 - - (361) - Purpose of restriction To carry out improvements to the entrance to alleviate the effects of further flooding. The transfer relates to the cost of a flood survey paid from unrestricted funds in a previous year. |
|---|---|
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
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 £5,265 (2022: £6,478).
The charity was finally able to open its own bank account during the year, prior to this, MMAB funds had been held in the bank account of MMAC. When the new bank account was set up, the incorrect balance of MMAB funds was transferred from the MMAC account into the MMAB account, and this was not picked up until the accounts were being prepared after the year end. As at 31 December 2023, £3891.59 was due to be repaid to MMAC.
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