Charity Number 1187261 **Annual Report and Financial Statements** For the year ended December 31[st] 2024 Trustees’ report for the year ended December 31[st] 2024 **Annual Report and Financial Statements** For the year ended December 31[st] 2024 ## **Table of Contents** **Trustees report ........................................................................................................... 3** Reference and administrative details of the charity, its trustees and advisors ................................. 3 Structure, governance and management ...................................................................................... 3 Method of recruitment and appointment of trustees ..................................................................... 3 The charity's objects .................................................................................................................... 3 The charity's main activities ......................................................................................................... 4 Public benefit statement .............................................................................................................. 4 Achievements and performance ................................................................................................... 4 Financial review ........................................................................................................................... 4 Reserves policy ........................................................................................................................... 4 **Receipts and payments account .................................................................................. 5 Statement of assets and liabilities ............................................................................... 6 Notes to the accounts ................................................................................................. 7** Accounting policies ..................................................................................................................... 7 Grants and donations .................................................................................................................. 7 Restricted funds .......................................................................................................................... 7 Related party transactions ........................................................................................................... 8 2 Trustees’ report for the year ended December 31[st] 2024 ## Trustees report Reference and administrative details of the charity, its trustees and advisors approved were: Name Steve Moore Greg Lambert Karen Lambert (nee 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 Skelmersdale Lancs. Mirfield WF14 8QF WN8 6NY ## Structure, governance and management The charity is a Charitable Incorporated Organisation (CIO) foundation formed on January 8[th] 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. ## The charity's objects 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. 3 ## Trustees’ report for the year ended December 31[st] 2024 ## The charity's main activities 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 for over fifty years. We provide a community facility for matted sports such as martial arts, personal training, yoga and gymnastics groups. ## 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 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 repayment to MMAC of £3,891.59 but does not include for unpaid liabilities for one quarter’s rent and December’s utility bill of £3,082.37. ## Reserves policy The charity's free reserves, at the year end were £7,072. The trustees do not currently have a reserves policy. Approved by the board of trustees on 01/08/2025 Greg Lambert (Trustee) 4 Mirfield Mind and Body Trustees, reportforthe year ended December 21" 2024 Receipts and payments account 2024 UThr•stdeod F￿ndS 2024 2024 To￿1 Funds 2023 Fund Funds R•GIDFI 21214 213B4 T¢itslR*¢kir 21,284 212&4 P4ym•rts 9147 736 6.094 9247 736 6.094 410 22 h￿rance 0,059 PhO￿e￿ll￿ bioadband 22 6Q 76 28 S04 E9vip￿ts￿l RèpAirÈAfid klÈiThtsnArt(* 305 S92 30è2 30$ 552 3.892 R•pAwnéntth RblAtsd P•r 24 Ho4llh and ufoty Tolal P4ym•rt N•1 Ro¢W&pt¥ IIPayThrt•l bptsvonfuD 129 129 12341 12341 7.3Q8 7.072 7.3D8 7.072 ## Trustees’ report for the year ended December 31[st] 2024 ## Statement of assets and liabilities Greg Lambert (Trustee) 6 Trustees’ report for the year ended December 31[st] 2024 ## Notes to the accounts ## 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. As allowable under Section 145 of the Charities Act 2011, the charity has prepared and reviewed their own accounts and not appointed WYCAs as per previous years. This is due to the low volume of transitions through the year (171 in total) and 2024 being the first year that all transactions have been managed through the charity’s own bank account. No changes have been made to the accounts for previous years. ## _Taxation_ 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. ## Grants and donations ## Restricted funds The charity did not receive income or have expenditure that were restricted funds this financial year. 7 Trustees’ report for the year ended December 31[st] 2024 ## Related party transactions ## _Trustee expenses_ No trustee received any expenses during this year or the previous year. ## ## _Other related party transactions_ 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 £5,720 (£5,265 in 2023) 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 2023 accounts were being prepared after the year end. In October 2024, £3,891.59 was repaid to MMAC. Ends 8