2022-03-31-accounts - Leeds Community Spaces

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Leeds Community Spaces

Charity number 1194561

A company limited by guarantee number 11208552

Annual Report and Financial Statements

for the year ended 31 March 2022

Leeds Community Spaces

Annual Report and Financial Statements for the year ended 31 March 2022

Contents	Page
Trustees' report	2 to 5
Examiner's report	6
Statement of financial activities	7
Balance sheet	8
Notes to the accounts	9 to 12

Prepared by West Yorkshire Community Accountancy Service CIO

Leeds Community Spaces

Trustees' report for the year ended 31 March 2022

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 Chair

Mark Southwell Howard Bradley William Graham John Riley

Charity number Company number

1194561 Registered in England and Wales 11208552 Registered in England and Wales

Registered and principal address

Bankers

Kentmere Community Centre Unity Trust Bank plc Kentmere Avenue Four Brindleyplace Leeds Birmingham LS14 1BW B1 2JB

Independent examiner

Simon Bostrom FCIE West Yorkshire Community Accountancy Service CIO Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a company limited by guarantee and was formed on 15 February 2018. It is governed by a memorandum and articles of association as amended by special resolutions dated 10 December 2019, 8 October 2020 and 19 May 2021. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £1.

Method of recruitment and appointment of trustees

The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.

Leeds Community Spaces

Trustees' report (continued) for the year ended 31 March 2022

Objectives and activities

The charity's objects

To further or benefit the residents of Leeds, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents.

To promote the voluntary sector for the public benefit in Leeds in particular by:

Building the capacity of charitable and voluntary organisations operating within Leeds and providing them with the necessary support, information and services to enable them to pursue or contribute to any charitable purpose.

Promoting, organising and facilitating co-operation and partnership working between charitable and voluntary organisations and statutory and other relevant bodies within Leeds.

The charity's main activities

Leeds Community Spaces have asset transferred Kentmere Community Centre and Meanwood Community Centre from Leeds City Council in November 2018 and run and develop these to enable services and programs to be run from them for the benefit of the local community.

In May 2022 Leeds Community Spaces finally received confirmation of its charitable status from the Charity Commission after working on this with solicitors and the Commission since 2018.

2021-2022 has been another challenging year that we are proud of as we have seen our way out of Covid, grown groups, services and tenants and continued to develop our centres as key buildings in the heart of their communities that provide services and programs that meet the needs of local people.

During 2021-2022 LCS also recruited a finance and administrator who works sixteen hours a week, this recruitment was delayed during Covid until more clarity on the situation was known. We are continually looking at ways to make our staff and the buildings work more efficiently and will be looking at ways to increase our revenue in 2022-23.

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 to benefit the residents of Leeds by providing facilities that enable them to participate in services and programs that enable them to reach their full potential.

Leeds Community Spaces operates within the establishment of community centres and to maintain or manage or co-operate with any statutory authority or such other organisations identified, in the maintenance and management of such centres for activities promoted by the Company.

Achievements and performance

2021-2022 has seen Leeds Community Spaces (LCS) come out of Covid restrictions and hit the ground running with services and programs being delivered from the centres. LCS has had to work with the different rules at different times during Covid and during this period the buildings have been adapted to ensure they are Covid rule compliant and at all times and that they are safe for the people using them. The tenants have worked from the buildings throughout and LCS ensured that when people started coming back they were working in a safe way. Working with guidelines and the challenges of Covid has meant that at times LCS have offered financial support to help groups and services get back up and running. LCS have also been working in Seacroft as part of the Covid relief team and have been supporting the community during this period.

Leeds Community Spaces

Trustees' report (continued) for the year ended 31 March 2022

Achievements and performance continued

There has also been an increase in the centre's use of space for family time sessions with social services during 2021 which continues to show that the centres are seen as part of the communities they are in. A constant Review of programs and services ensures that what happens in the centres is relevant and what the community needs and we are proud of how the centres continue to be seen as part of the communities they are in. Since taking over the centres they have seen an increase in use of over 300% and receive feedback that they are safe and welcoming spaces for people using them.

During 2021 a new food pantry moved into our grounds at Meanwood which provides fifteen items of food for £3.50 each week, this is another great addition to the provisions offered from the centre.

In 2021 LCS was contracted to support Nowell Mount Community Centre to help the Nowell Mount Community Group and steering team to develop the community centre as they have a new space secured from Violence reduction money. A consultation was also held at Henry Barron regarding LCS asset transferring the building and this was met with support from the local community, the council then put this on hold due to their changes in ways of working. An expression of interest was also put in during this financial year for Ebor Gardens community centre and this will be working with Learning Partnership who would like to go into the building as a tenant.

Financial review

The net expenditure for the year was £30,329.

We showed a loss in this financial year but this was down to a few large outgoings. During 2021-2022 we reconciled all of the building rates and paid money owed from the past three years and got the bills up to date. We also paid for roof repairs of £6,208 over both centres after storm damage, and put a new fire alarm in at Meanwood of £2,046.

We had legal fees of £1,812 for the work in securing our charity status and plumbing work in repairing boilers and putting in new water tanks in the sinks at Meanwood which was also very costly but the tanks are a one off cost. Electrical work was high but we secured lots of little jobs that made people able to work safer after Covid and improve the ease of working in the buildings.

Reserves policy

The charity's free reserves, excluding fixed assets, at the year end were £12,701.

The reserves policy is to maintain free reserves of approximately 3 months worth of future budgeted expenditure. The purpose of the reserve is to enable the charity to meet future commitments to unforeseen expenses without a negative impact on the charity. The policy will be reviewed regularly to ensure that it meets the charity's changing needs and circumstances.

Leeds Community Spaces

Trustees' report (continued) for the year ended 31 March 2022

Statement of trustees' responsibilities

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.

Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently;

observe the methods and principles in the Charities SORP;

make judgements and estimates that are reasonable and prudent;

state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Approved by the board of trustees on 14/09/2022

Mark Southwell (Trustee)

Leeds Community Spaces

Independent examiner's report to the trustees of Leeds Community Spaces

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2022, which are set out on pages 7 to 12.

Responsibilities and basis of report

As the charity's trustees of the charitable company (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 charitable company 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 ('the 2011 Act'). 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 confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1 accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2 the accounts do not accord with those records; or
3 the accounts do not comply with the accounting requirements of 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
4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters 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.

Simon Bostrom FCIE

20/09/2022

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Leeds Community Spaces

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2022

Notes Income from: Grants and donations (2) Rental income Other income Total income Expenditure on: Salaries NI and pensions (3) Staff travel expenses Staff and volunteer training Payroll charges Utilities Rates Telephone and internet Postage and stationery Advertising and publicity Waste and recycling Insurance Repairs and maintenance Food and refreshments Cleaning and sundries Legal and professional Tools and equipment Computer consumables and software Independent examination Depreciation Taxation Bank charges PPE and work wear Total expenditure Net income / (expenditure) Fund balances brought forward Fund balances carried forward	2022 Total funds £ 29,647 76,180 13,323 119,150 60,765 607 60 429 18,151 9,463 1,831 443 128 5,260 3,532 25,750 2,292 14,341 2,072 927 473 660 1,974 - 132 189 149,479 (30,329) 48,735 18,406	2021 Total funds £ 111,911 47,035 1,060 160,006 49,117 221 300 444 6,531 - 1,899 116 156 4,245 3,709 20,732 2,380 9,182 3,433 1,043 443 480 1,840 (123) 72 1,479 107,699 52,307 (3,572) 48,735

All incoming resources and resources expended derive from continuing activities.

Leeds Community Spaces

Balance sheet

as at 31 March 2022

as at 31 March 2022 Fixed assets Tangible assets (4) Total fixed assets Current assets Debtors and prepayments (5) Cash at bank Total current assets Current liabilities: amounts falling due within one year Creditors and accruals (6) Total current liabilities Net current assets / (liabilities) Net assets Funds Unrestricted funds Restricted funds Total funds	2022 Total £ 5,705 5,705 19,023 8,160 27,183 14,482 14,482 12,701 18,406 18,406 - 18,406	2021 Total £ 7,096 7,096 18,719 41,690 60,409 18,770 18,770 41,639 48,735 48,735 - 48,735

For the year ending 31 March 2022 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).

The financial statements were approved by the board of trustees on 14/09/2022

Mark Southwell (Trustee)

Leeds Community Spaces

Notes to the accounts

for the year ended 31 March 2022

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

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.

Tangible fixed assets

Tangible fixed assets are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Fixtures and fitings: over 5 years Computer equipment: over 4 years

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

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.

Leeds Community Spaces

Notes to the accounts continued

for the year ended 31 March 2022

2 Grants and donations Leeds City Council (LCC) Core funding Leeds City Council (LCC) Covid support Power to Change 3 Staff costs and numbers Gross salaries Social security costs Employment allowance Pensions	2022 Total funds £ 29,647 - - 29,647 2022 £ 59,211 4,717 (4,000) 837 60,765	2021 Total funds £ 38,337 58,574 15,000 111,911 2021 £ 48,344 3,643 (3,643) 773 49,117

The average number of employees during the year was 2.8, being an average of 2.2 full time equivalent (2021: 2.5, 2.2 FTE). There were no employees with emoluments above £60,000.

4	Defined contribution pension scheme Costs of the scheme to the charity for the year Amount of any contributions outstanding at the year end Tangible assets Cost At 1 April 2021 Additions At 31 March 2022 Depreciation At 1 April 2021 Charge for year At 31 March 2022 Net book value At 31 March 2022 At 31 March 2021	£ 406 353 759 102 190 292 467 304 Computers and IT	2022 £ 837 - £ 8,692 230 8,922 1,900 1,784 3,684 5,238 6,792 Fixtures and fittings	2021 £ 773 - Total £ 9,098 583 9,681 2,002 1,974 3,976 5,705 7,096

Leeds Community Spaces

Notes to the accounts continued

for the year ended 31 March 2022

5 Debtors and prepayments Debtors 6 Creditors and accruals Accruals Deferred income (see note below for analysis) 7 Deferred income Rent received in advance Grant income	2022 £ 19,023 19,023 2022 £ 3,899 10,583 14,482 Released from last year £ 1,726 14,831 16,557	2021 £ 18,719 18,719 2021 £ 2,213 16,557 18,770 Deferred to next year £ - 10,583 10,583

8 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.

9	Funds held as agent	Balance b/f Incoming Outgoing Balance c/f
	£ £ £ £ Nowell Mount Community Centre - 4,000 - 4,000
		- 4,000 - 4,000
	Fund name	Additional information
	Nowell Mount Com. Centre	We are holding some money for Nowell Mount Community Centre for the
		payments of services by groups using the centre space. This balance has
		been excluded from the charity's accounts.

Leeds Community Spaces

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2022

2022 2021 Unrestricted Unrestricted funds funds £ £ Income Grants and donations 29,647 96,671 Rental income 76,180 47,035 Other income 13,323 1,060 Total income 119,150 144,766 Expenditure Salaries NI and pensions 60,765 49,117 Staff travel expenses 607 221 Staff and volunteer training 60 300 Payroll charges 429 444 Utilities 18,151 6,531 Rates 9,463 - Telephone and internet 1,831 1,899 Postage and stationery 443 116 Advertising and publicity 128 156 Waste and recycling 5,260 4,245 Insurance 3,532 3,709 Repairs and maintenance 25,750 16,784 Food and refreshments 2,292 2,380 Cleaning and sundries 14,341 7,567 Legal and professional 2,072 3,433 Tools and equipment 927 1,043 Computer consumables and software 473 443 Independent examination 660 480 Depreciation 1,974 1,840 Taxation - (123) Bank charges 132 72 PPE and work wear 189 1,479 Total expenditure 149,479 102,136 Net income / (expenditure) (30,329) 42,630 Transfers between funds - 9,677 Net movement in funds (30,329) 52,307 Fund balances brought forward 48,735 (3,572) Fund balances carried forward 18,406 48,735	2022 Restricted funds £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	2021 Restricted funds £ 15,240 - - 15,240 - - - - - - - - - - - 3,948 - 1,615 - - - - - - 5,563 9,677 (9,677) - - -	2022 Total funds £ 29,647 76,180 13,323 119,150 60,765 607 60 429 18,151 9,463 1,831 443 128 5,260 3,532 25,750 2,292 14,341 2,072 927 473 660 1,974 - 132 189 149,479 (30,329) - (30,329) 48,735 18,406	2021 Total funds £ 111,911 47,035 1,060 160,006 49,117 221 300 444 6,531 - 1,899 116 156 4,245 3,709 20,732 2,380 9,182 3,433 1,043 443 480 1,840 (123) 72 1,479 107,699 52,307 - 52,307 (3,572) 48,735

Leeds Community Spaces

Charity number 1194561

A company limited by guarantee number 11208552

Annual Report and Financial Statements

for the year ended 31 March 2022

Leeds Community Spaces

Annual Report and Financial Statements for the year ended 31 March 2022

Contents	Page
Trustees' report	2 to 5
Examiner's report	6
Statement of financial activities	7
Balance sheet	8
Notes to the accounts	9 to 12

Prepared by West Yorkshire Community Accountancy Service CIO

Leeds Community Spaces

Trustees' report for the year ended 31 March 2022

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 Chair

Mark Southwell Howard Bradley William Graham John Riley

Charity number Company number

1194561 Registered in England and Wales 11208552 Registered in England and Wales

Registered and principal address

Bankers

Kentmere Community Centre Unity Trust Bank plc Kentmere Avenue Four Brindleyplace Leeds Birmingham LS14 1BW B1 2JB

Independent examiner

Simon Bostrom FCIE West Yorkshire Community Accountancy Service CIO Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

Method of recruitment and appointment of trustees

The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.

Leeds Community Spaces

Trustees' report (continued) for the year ended 31 March 2022

Objectives and activities

The charity's objects

To promote the voluntary sector for the public benefit in Leeds in particular by:

Promoting, organising and facilitating co-operation and partnership working between charitable and voluntary organisations and statutory and other relevant bodies within Leeds.

The charity's main activities

In May 2022 Leeds Community Spaces finally received confirmation of its charitable status from the Charity Commission after working on this with solicitors and the Commission since 2018.

Public benefit statement

Achievements and performance

Leeds Community Spaces

Trustees' report (continued) for the year ended 31 March 2022

Achievements and performance continued

During 2021 a new food pantry moved into our grounds at Meanwood which provides fifteen items of food for £3.50 each week, this is another great addition to the provisions offered from the centre.

Financial review

The net expenditure for the year was £30,329.

Reserves policy

The charity's free reserves, excluding fixed assets, at the year end were £12,701.

Leeds Community Spaces

Trustees' report (continued) for the year ended 31 March 2022

Statement of trustees' responsibilities

select suitable accounting policies and apply them consistently;

observe the methods and principles in the Charities SORP;

make judgements and estimates that are reasonable and prudent;

state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

Approved by the board of trustees on 14/09/2022

Mark Southwell (Trustee)

Leeds Community Spaces

Independent examiner's report to the trustees of Leeds Community Spaces

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2022, which are set out on pages 7 to 12.

Responsibilities and basis of report

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1 accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2 the accounts do not accord with those records; or
3 the accounts do not comply with the accounting requirements of 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
4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

Simon Bostrom FCIE

20/09/2022

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Leeds Community Spaces

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2022

Notes Income from: Grants and donations (2) Rental income Other income Total income Expenditure on: Salaries NI and pensions (3) Staff travel expenses Staff and volunteer training Payroll charges Utilities Rates Telephone and internet Postage and stationery Advertising and publicity Waste and recycling Insurance Repairs and maintenance Food and refreshments Cleaning and sundries Legal and professional Tools and equipment Computer consumables and software Independent examination Depreciation Taxation Bank charges PPE and work wear Total expenditure Net income / (expenditure) Fund balances brought forward Fund balances carried forward	2022 Total funds £ 29,647 76,180 13,323 119,150 60,765 607 60 429 18,151 9,463 1,831 443 128 5,260 3,532 25,750 2,292 14,341 2,072 927 473 660 1,974 - 132 189 149,479 (30,329) 48,735 18,406	2021 Total funds £ 111,911 47,035 1,060 160,006 49,117 221 300 444 6,531 - 1,899 116 156 4,245 3,709 20,732 2,380 9,182 3,433 1,043 443 480 1,840 (123) 72 1,479 107,699 52,307 (3,572) 48,735

All incoming resources and resources expended derive from continuing activities.

Leeds Community Spaces

Balance sheet

as at 31 March 2022

as at 31 March 2022 Fixed assets Tangible assets (4) Total fixed assets Current assets Debtors and prepayments (5) Cash at bank Total current assets Current liabilities: amounts falling due within one year Creditors and accruals (6) Total current liabilities Net current assets / (liabilities) Net assets Funds Unrestricted funds Restricted funds Total funds	2022 Total £ 5,705 5,705 19,023 8,160 27,183 14,482 14,482 12,701 18,406 18,406 - 18,406	2021 Total £ 7,096 7,096 18,719 41,690 60,409 18,770 18,770 41,639 48,735 48,735 - 48,735

For the year ending 31 March 2022 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).

The financial statements were approved by the board of trustees on 14/09/2022

Mark Southwell (Trustee)

Leeds Community Spaces

Notes to the accounts

for the year ended 31 March 2022

1 Accounting policies

Basis of accounting

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Expenditure and liabilities

Taxation

Tangible fixed assets

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

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.

Leeds Community Spaces

Notes to the accounts continued

for the year ended 31 March 2022

2 Grants and donations Leeds City Council (LCC) Core funding Leeds City Council (LCC) Covid support Power to Change 3 Staff costs and numbers Gross salaries Social security costs Employment allowance Pensions	2022 Total funds £ 29,647 - - 29,647 2022 £ 59,211 4,717 (4,000) 837 60,765	2021 Total funds £ 38,337 58,574 15,000 111,911 2021 £ 48,344 3,643 (3,643) 773 49,117

The average number of employees during the year was 2.8, being an average of 2.2 full time equivalent (2021: 2.5, 2.2 FTE). There were no employees with emoluments above £60,000.

4	Defined contribution pension scheme Costs of the scheme to the charity for the year Amount of any contributions outstanding at the year end Tangible assets Cost At 1 April 2021 Additions At 31 March 2022 Depreciation At 1 April 2021 Charge for year At 31 March 2022 Net book value At 31 March 2022 At 31 March 2021	£ 406 353 759 102 190 292 467 304 Computers and IT	2022 £ 837 - £ 8,692 230 8,922 1,900 1,784 3,684 5,238 6,792 Fixtures and fittings	2021 £ 773 - Total £ 9,098 583 9,681 2,002 1,974 3,976 5,705 7,096

Leeds Community Spaces

Notes to the accounts continued

for the year ended 31 March 2022

5 Debtors and prepayments Debtors 6 Creditors and accruals Accruals Deferred income (see note below for analysis) 7 Deferred income Rent received in advance Grant income	2022 £ 19,023 19,023 2022 £ 3,899 10,583 14,482 Released from last year £ 1,726 14,831 16,557	2021 £ 18,719 18,719 2021 £ 2,213 16,557 18,770 Deferred to next year £ - 10,583 10,583

8 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.

9	Funds held as agent	Balance b/f Incoming Outgoing Balance c/f
	£ £ £ £ Nowell Mount Community Centre - 4,000 - 4,000
		- 4,000 - 4,000
	Fund name	Additional information
	Nowell Mount Com. Centre	We are holding some money for Nowell Mount Community Centre for the
		payments of services by groups using the centre space. This balance has
		been excluded from the charity's accounts.

Leeds Community Spaces

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2022

2022 2021 Unrestricted Unrestricted funds funds £ £ Income Grants and donations 29,647 96,671 Rental income 76,180 47,035 Other income 13,323 1,060 Total income 119,150 144,766 Expenditure Salaries NI and pensions 60,765 49,117 Staff travel expenses 607 221 Staff and volunteer training 60 300 Payroll charges 429 444 Utilities 18,151 6,531 Rates 9,463 - Telephone and internet 1,831 1,899 Postage and stationery 443 116 Advertising and publicity 128 156 Waste and recycling 5,260 4,245 Insurance 3,532 3,709 Repairs and maintenance 25,750 16,784 Food and refreshments 2,292 2,380 Cleaning and sundries 14,341 7,567 Legal and professional 2,072 3,433 Tools and equipment 927 1,043 Computer consumables and software 473 443 Independent examination 660 480 Depreciation 1,974 1,840 Taxation - (123) Bank charges 132 72 PPE and work wear 189 1,479 Total expenditure 149,479 102,136 Net income / (expenditure) (30,329) 42,630 Transfers between funds - 9,677 Net movement in funds (30,329) 52,307 Fund balances brought forward 48,735 (3,572) Fund balances carried forward 18,406 48,735	2022 Restricted funds £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	2021 Restricted funds £ 15,240 - - 15,240 - - - - - - - - - - - 3,948 - 1,615 - - - - - - 5,563 9,677 (9,677) - - -	2022 Total funds £ 29,647 76,180 13,323 119,150 60,765 607 60 429 18,151 9,463 1,831 443 128 5,260 3,532 25,750 2,292 14,341 2,072 927 473 660 1,974 - 132 189 149,479 (30,329) - (30,329) 48,735 18,406	2021 Total funds £ 111,911 47,035 1,060 160,006 49,117 221 300 444 6,531 - 1,899 116 156 4,245 3,709 20,732 2,380 9,182 3,433 1,043 443 480 1,840 (123) 72 1,479 107,699 52,307 - 52,307 (3,572) 48,735

Leeds Community Spaces

Independent examiner's report to the trustees of Leeds Community Spaces

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2022, which are set out on pages 7 to 12.

Responsibilities and basis of report

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1 accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2 the accounts do not accord with those records; or
3 the accounts do not comply with the accounting requirements of 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
4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

Signed: …………………………………… Name: Simon Bostrom FCIE

20/09/2022

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW