THE MAIU(ET HOIISE, HAWES. NORTH YORKSHIRE YEAR ENDED 31st AUGI ST 2024 REPORT OF THE K4NAGE,IIENT COIWIVAirrEE INDEPENDEIYT EXAII IIN'ER'S REPORT TO THE MAYAGEMEYI T COMi¥iirrEE B.4LIIYCE SHEET AIryD ACCOUNTS
THE MARKTT HOITSE HAWES NORTH YORKSHIRE ANNUAL REPORT FOR THE YEAR E,DED 315t AUGITST 2024 The Market House. Ha.¢$, North Yorkshire is lstered with the Charity Commissioners No 245038 and is constituted by Deed of Trnst. The Charity is administered by a manLoement committee COFnprising as at 31 st August ?02)'. Chair: Abbie Rhodes Secretary: Treasurer: Stan RoocrofÉ .MBE and eioht other elected Trustees. Mandy Mtcarthy . Jemma Hogg* Stephanie Bland, Barbara Roocroft, Graham Di Duca. Geoff Potter, Chris Dunn and Yurek Walvd The Charity is established for the benefit of the inhabitants of Hawes. including the provision and support of facilities for recreation and other leisure time occupation. the support of educalivnal facilities. and the provssion of facilities for the hoiaing of a Thieekly mark.et. The building known as Market House, togdher Mqih the land on which it stands. is held in trnst for the objectives ot Éhe charity. Other &ssets of the charity are represented by the bank" accounts. the fixtures. fittinus and furniture at the Market HOUK and a further pernwient endowment of a number of Units in the BlackRo¢L" Charities LIK Bond Fund (Black-Rk UK Charities & Endowments). The Caretak-ing and Administrative responsibilities supporting the work of the Trustees o)ntinued to WOTk- e(Yicientl! throuiyhout this year and show evidence of good Orking prathice. The Charity depends on the continuing help of local volunteers. No remuneration has been paid directly or indirectl5' Out of the ndS of the charit! to any tDJStee by virtue of their sta$ as a tnjstee. Tlie Trust meets the requirements of the Insurance Companv (Allied Il'estminster) and follows guidance fiom Acre and as a member of Coinmunitj First Yorkshire (formerl) Rural Action Yorkshire) supportinv rural communities. The e¢l-lY indoor market &$ defined in the Trust Deed, continues to operate successfully. There is increased use of our community facility for the whole of the Upper Wenslejdale area by local residents and the various local or¢yanisations and associations. The 'Good Life Project. has been particularly well used and developed durin(Y the dIlcult period of energy and economic crisis for rural communities. The reTbIshmCnt and maintenance prowamTne has been followed regularly Ehrou(Fhout the year. However, proJo ess on the project for an additional disabled-access prOlS1On will depend on securing considerable grant-a551Sted funding over the nex1 twelve months. Chair ol.lio )14..... Date For the Manaqement Committee of the Market House
THE MARKET HOIIS HAWE ORTH YORKSHIRE REGISTERED cHARy IllTrtBER: 245038 INDEPENI DENT LXATrIIryER:S REPORT TO THE IIL4NAGEMEliT COMMrrrEE I report on the accounts of the Charity for the period ended ) I st August ?024 which is set out in the accompanying pages As the Charity's Manaoement Committee. )ou are responsible for the preparatTon of the accounts. and you consider tlie audit requirement of Section 4J (-) of the Charities Act 199) does not apply. I have ¢affied out my examknation in accordance WTÈh the general directions ¥tien by the c.harity Commissloners. The exan]ination includes the TeNiV of the aecountin(7 records prOlded b). the Charity, and confirnis that the attached accounts are in accordance therewith. The procedures undertaken do not proTride 211 the evidence that would be requited in an audit, and therefore I do not express that audit opinion on these accounts. In connection wth my examinatiofy no matter has Come to my attention that gves me cause to believe that the variou5 requirement5 to keep accounting records and PTepare accounts have not been met. Further. no matter has come to my attention that will affect the Proper understanding of the accounts. Printfriendly Business Services S Guelder Court Hurworth Gardens HurN¥orth th ?8 September 2024
THE IWIARKET HOUSE HAWE& NORTH YORk"SHIRE REGISTERED CHARITY ]*U.VIBER: 245038 NOTES ON ACCOIINTS = 31st AIIGI'.ST 2024 I) ACCOUNTtNG POLICIES General These accounts have been prepared under the historic cost convention and are in arxordance with the Charities Ststement of Recommended Practice. No recognition has been given for income pledged but not received at the date of these accounts. Cost incurred prior to the date of these accounts had been accrued and is included within these accounts. 2) ASSETS Non Monet As5et5 In addition to bank account and savings account balances sho on the face of these accounts the land and buildings knoivn as the Market House are vested ID the Official Custodian for Charities on behalf of ihe Charity. as are J l i.25 She5 in the Charnico Charities h'arrower Ranoe Con]mon Investment Fund, representing pernwient endowment. The fix¢ures, fittinos and furniture at the Market House are held bTr the Cliarity for fijnctional use and addittons OT replacements are charged to expenditure as and when incurred. J) LIABILITIES None
Profit and Loss Hawes Market House For the year ended 31 August 2024 2024 Turnover Commercial Hirer5 11,400.00 CofflrTTrunityl non Comrnercial HiFe Grants and Donations 13,080.82 11,577.51 Lottery Funding Marketstaliage Rentl Hire Sundryl MiscellaE)eousl Parking Total Turnover 16.524.00 6,065.( 7,150.QO 2,461.7T 68.259.10 Gross Profft 68,259.10 Administrative Costs Advert15ing& Marketing Audit&Accountancyfees Cleaningsuppliesl refusecollection Employer Pension Employer5 NIC Equipment Gene¥al Expenses Heating and Lighting Insurance 46.67 593.20 2,009.40 176.29 413.63 797.49 1,235.44 9,750.99 1.861.99 Refurbishment 18,265.56 9,994.46 18,586.84 Repairsand Renewals salaries seCtaria1 Expenses Telephone & Intemet Watercharges TotalAdministrativeCosts 152.49 782.08 1,319.44 65.98x97 Operating Profit 2,273.13 Other Income Cleaning Excess Totalother Income loo.00 loo.00 Profit on Ordinary Activities Before Taxation 2?73.13 Profit afterTaxation 2.373.13 P¥ofit artd loss Hwe5Mark¥.House 40ct2024 Pageiofl
Balance Sheet Hawes Market House As at 31 August 2024 31AUGX*24 Current Assets Cash atbankand in hand 20252940659207 Totslcash atbankand in hand 41,703.44 41,703.44 Accounts Receivable 844.00 Prepayments Total CurrentA5S¢ts 1200.OUI 41347.44 Creditors: amounts fallin HSstorical Adjustment NIC Payable PAYE Payable Pensions Pay3ble TotalcredIt amountsfauingdue withirtone year duewithin one ear 39,75823 291.23 163.20 3.65 40216JI Net Current Assets (Liabilities} 2,131.13 Total Assets less Current Liabilities 2.131.13 Net Assets 1131.13 Capital and Reserves Current Year Eamings Retained Earnir5gs Total Capitaland Reserves 2,373.13 1242.001 2,131.13 The £200 credit in the prepayment account is for a depostt paid by Hawes Juriior Football Club foran eventthat is still to tske place. The Retained Earnings amount sits in the balance sheetand will fluctuate year on year- Retained earnings are the amount of profft a company has leftover after paying ali its directcosts. indirect Costs etc Balancesheet Ftawes Market House 40c12024 Pagelori
MARKET HOIISE HAIVE.S NORTH YORKSHIRE REGISTERED CHARITY N[IlBER. 245038 ll%COTrIE AIID EXPEliDITURE ACC.OIINT: YE.4R ENDED 31st AIIGUST 2024 rNCOME 2023 1156J.77 Lottery Fundillg Market Stallage Commercial User Income Commiinity Hire Charges Miscellaneous Rent 4095.00 11488.00 7953.54 3196.64 6960.00 41657.04 INVESTNIENT INCOME Bank Interest Received C.harnico Dividends Received c.redit in accounts (unallocated) 4.7) TOTAL INCOME 4167_%96 LESS EXPEtsDITLlliE Equipment Purchases Refvrbishment of Premises etc OtheF Repairs and Renewals Staff Costs Heating and Lighting 'ater Char<res c.leaning Supplies and Refuse Disposal Secretarial Expenses Insurances Accountancy Nqiscellaneous Telephone Marketing 356.80 7757.90 358.55 18741.J6 6036.91 887_93 1198.J4 327.53 1806.87 258.00 820.85 481.18 TOTAL EXPENDITLTRE i9078.09 SURPLLTS/(DEFICtr) FOR THE YEAR 618J_59
THE MARKET HOUSE. HAWE NORTH YORliSHIRE REGISTERED CHARITY NIITrIBER: 245038 BALAh'CE SHEET AS AT 31°.4IIGIIST 2024 2023 ASSETS Cash on Hand Bardays Bank. Plc" Current Account J8956.56 38956.56 LESS LIABILITIES Sundry CTed¥tors NET ASSETS AS AT 3 1" AUGUST ?023 38956.56 REPRESEwfED BY FUNDS AND RESER1 S GENERAL RESERVE Accumulated Surplus Brought Forward Repayment of Sundr), CrediloTS )2772.97 surplU(Der1cIt) for the Year 6183.59 ACC.UMULATED SURPLUS CARRIED FORWARD J89i6.56