REGISTERED NUMBER: 00971251 (England and Wales) Mlchael Jone$ Communit . Limited Limited b . Guarantee Rt rt Df the Dlrectors and ed30Se ember 21124 Kilby Fox Ststulory Auditor 4 Pavilion Court 600 Pavilion Drive NorthaTnplon Business Park Northampton Northamptonshire NN4 7SL
Mlehael Jones Commuuili. Limited limited bi, Guar&ntec Contents of the FinaDciai St3tements for the Year Ended JO Se tcmber 2024 Page Company Information Report of the Dlrectors Report of thc Independent Auditors Ineome Ststement B•l#n¢t Sheet 0¢¢$ to the Flnanclal StAtemeDts Det•iied Income aLd Expendlture Account Community Gift 12
Mlchael Jones Communiti Limited Limited b , Guarantee Com IDforrnation Ytar Ended tem DIRECTORS: M J Tyrrell S M O'Grddy J M Conway S A Tayler SECRETARY: S Smith REGJSTERED OFFICE: l Gold Street Northampton Northamptonshire NI ISA REGISTERED NUMBER: 00971251 IEn8laDd and Wales) AUDtTORS: Kiiby Fox S(&tutory Auditor 4 Pavilion Court 600 Pavilion Drive Nortbampton Busine&s Park Northampton Northampton$hire NN4 7SL Page I
Mlchael Jones CommllDjtI' Limited LJmited b - Guaralltee rt of the Direetor$ h Yettr Ended 30 Se tember 20 OT The directors PTet their report with the flnancial statem¢nts of the COllLpany for the year ended 30 Septembu 2024. DIRECTORS The directors sho) below have held otTice during the whole of the period from l Octobcr 2023 to the dale of this M J Tyttell S M O'Grady J M Conway Other changes in dire¢rS boldinE OtTtce are &s follows.. R White- resigned 12 Mar¢h 2024 S A Tayler- appoiTh*d 12 March 2024 STATEMENT OF DIRECTORS. RESPOh'SIBILITIES The dir10[$ are iesponsible for pr¢paring the Report of the Directo and th¢ flnancial statements in aceordance with applicable law regulations. Company law requires the directors lo prepare fllknincial statements for each fin&Kial year. Under that law the direciors have elected to prepar¢ the Fancial statements in accordanee with Uttited Kingdom Generally Accepted A¢¢ountiti% Practice (United KinLydom AccouDtirtg Standards and applicable law). Under company law the dirtttors Iniist not approve the finan¢ial statemellls ue$S they are satisfied that they give a true and fair view of the state of affairs ot the company and of the Surplus or deficit of the company for that period. In preparing these flnancial gtatements, the dire¢tors are required to.. select suithble a¢cot]nting policies and tlien ar4)ly them con.8istently; make judgements and accounting estimales tliat ar¢ rcasonable and prudent. prepare the fjnwicial statement5 on the going concern basis unlcss it is inappropriate to presume that the ¢omp8ny will continue in SineS The direblors are responsible for keeping adequate accounting reeords thal are suffJ¢icnt to %how and explain the Tnpany's tTansaclions and disclose with r¢awnable accvrdcy at any time the finan¢ial position of the colnpany and enable them to ensure tltst the financial 8tatemenLs comply with the Companies Act 20(hS. They are also r&%poDsible for 8afeguarding the assets of the company and herKe for taking reasonable steps for the prevention and detection of fraud and other fftrregularities. STATEMENT AS TO DISCI.OSVRE OF INFORMATION TO AUDITORS So far as the directors are awar¢, there 1% no relevant audit inforn)ation {as defined by Stiott 418 of the Companies Act 21M)6) of which the ¢ompany's allditors are unaware. and each diwtor ha8 taken all the sieps thai he or she ought to have taken as a director in order io make himself or herself aware of any rel¢vant audii itrfomiation alld to establish that the company's auditors are aware of that infonnaiion. AUDrroRS The auditors, Kilby Fox, will be proposed for re-appointment at the fortbcoming Annual Gen¢ral Meeting. This report h&% been prepared An accordance with the provisions of Part 15 of the Companies Act 2006 relating 10 small C41mpanie4. ON BEHALF OF THE BOARD: S M O'Grady- Dire¢tor I l March 2025 Page 2
Re ort Of the Inde enden¢ Auditors to the Nlembers of Michael Jones Commulli . Limited Limlted bi. Guaralltee Opinlfrn We have audited the financial statements of Mtchael Jones Cornmunity Litllited (Litllited by Guarante¢} (the'cc*mpang) for the year ended 30 September 2024 which comprise ihe Income StalemenL Balance Sheet and Notes to the Financial Ststements. including a summary of significant ac¢ounting policie5. 'Ibe fllwicial reporting framtwork that has bccn applied in their preparation is applicable law and United Kingdom Accounting Standards, includit)g Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom G¢nerdlly Accepted Ac£ounling Practi¢el. In our opinion the finat]¢ial 5talemellts'. give a e arKI fair vi¢w of the state of the company's affairs as at 30 September 2024 and of it8 su1$ for the yeaT then ended; ht4ve been properly prepared ill accordance with United Kingdom Genera]ly Accepted Accounting Prnctice. and have been prepared in accordallc¢ the iequiremenL$ of the Cornpanies Aci 2006. Basls for opinion We conducted OUT audil in acconlancc wtth International Standards on Audiling (UK) {ISA$ (UK)) and applicAblc law. Oui responsibilities under those standards are further described in the Auditors, responsibilities for the alldit of the rancIal $TementS 1]0 of our rq)orL We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial Statements the UK, inch1ng ihe FRc, Ethical Stsndard, and we hav¢ fulfilled our other ethical reOnsibIlIties in accordance wilh th&se requiremenL< We believe that the audil evidenrx we have obtsined is sufficient and appropriat¢ io provide a basis for our opinion. Conclusion5 relating to going concern In auditing the financial staiemellts. we hfjve concluded that the directots, use of the going con¢¢rn basi5 of acwuntiug in the preparation of the financial staiements is appropriai¢. Based on the work we have pcrforn)ed. we have not identified any material uncertainties r¢lo1ing to events or conditions that, individually or eolle¢tively, may st signifi¢anl doubt on the company's ability to continue as a going concern for a p¢riod of at Ichst twelve illonths from when the financial statements are authorised for issue. Our respo81b1]it1ES and the Te8ponsibilities of the directors with respeci to going ¢on¢¢rn ar¢ described An the relevant sections of this report. Othtr InformatloD The dire¢ioTh are spOnsible for the other infonnalion. The other information ¢omprises ihe infomliVn in the Report of the Directot3, I1 does not Clude the fjnancial stslements and ourRq)ort of tbe Auditors thereon. Our (4>inion on the fuwicial 5tsteTnents does noi cover the other infomhaiion and. ex¢epl to the extent otherwise explicitly stated in ow r¢porL we dv noi express any fonn of aswrance conclusion thereon. In connection with OUT audil of the fmanbial staiements, respo1Ibl1ity is to read the other infOrntIon and, ill doing so, consider whether the othet inforn)aiion is materially incoDSlStent Wlth the financxal slatements or our knowledge obiained in the audit or othenvise appear5 to be Jnaterially misstated. Ir we identify such material inconsistencies or appar¢nt te[ial mi&%1aMents, we are requjred to deteTmine whether this gives rise to a material misstatement in the finalloial statemell. themselves. If, based on the wo]k we have perfonned, we conclude that there is a material mStaternet ofthis other inlormatl0D, w¢ are required to TEPOrt thai fact. We have nothing io report in this regard. OpAnions on other matters prescribed by the Ctsmpanle$ Acl 2006 In out opinion, based Oll the WO undertaken Jn the course of the audit". the information givell in the Report of the Directors for th¢ fitsancial year for which the finanei#l statcments are prepared is consistent with the finan¢Jal $iatements; and the Report of the Director5 has been preparcd in a¢cord8n¢e with applicable legal requirements. Page 3
rt of the IRde dent Audltors to the Members of Michael Jones Communit. Limited Limited b% Guarantee Matters W1ch we are required lo report by exeeption In the ]ight of the knowledge and undersLdIng of the compatty and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Directo. We have otsthing to r¢tknrt in respect of the following matters where the Companies Act 2006 requir¢s us to report to you if, ill OUT opinion: adequate accourtting recor have not bee kepL or relurns adequate for our audit have not been received Irom branches nol visited by us" or the fJnan¢ial statements. ate nol in agreement with the ac¢ountill8 re¢ords and returns" or certain disclosur&s of directots, remLmeraiion specified by law 0r¢ not made; or we have not e1Ved all the inforniation and explanatiOa5 We T¢quir¢ for our auth"t- or rhe directors were not ¢ntitled to prepare ihe fmancial slalements in a¢¢ordaDce with the brnall companies regime and rake advantage of th¢ Small ¢ompanie&' exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Directorn. Responsibilities of directors As explained more fully in the Statctnent of D1ctOrS, Responsibilities set out on page two, the directors are responsible for the preparation of thc financial ¥tatements and Eor being &itisfied that thcy give a true artd fair view, and for such internal control as the directo detLThine necessary to enable the preparation of finarjeial SleMents that are free from material mis8tatemenE whether due io fraud or error. In preparing the financial 8tatements, the directors are resrK)nsible for &SW¥illb the compatty's ability to conrinue as a going concem, dj1051ng, applicable, n)atters related to going con¢ern using the going concem basis of accounting Unl the directors eEther iniend to liquidate the company or to cease operaiiolls. or have no realistic alternative but io do so. Pag¢ 4
R¢ ort of the Inde elldellt Audilors to the Members of Mlchael Jones CoD]rnlltLi . Limited Umited b , Gu&r3ntee Audltors, responsibilitie8 for the *udit of the fan¢1a] stAtement$ Our objectives are to obtsin r¢4sonable assurance about whether the tinancial Statnents as a whole are free from material misststement, wh¢th¢r due to ftaud or error, and to issue a Report of the Auditors that includes our ¢)pinion. Reasonable assurdnce is a high level of a&8uromce, but is not a guarantee that an audii conducted in accottlance wth JSAS IUKI wjll always dett a nTraterial mi&$taMeAI when it exists. Misstalernents can arise from fraud or error alld 8re considered material if, individually or iti the aggregate, they could reasonably be expected to inlluence the ewnomic d¢¢isions of users taken on th¢ b&¥is of these fmallcial statements. Th¢ exllt to uthi¢h our procedures are capable of detectiog irregularities, IludIng frad is detailed below: Ident]ng and assessing poteniial risks related to itTegularitses. In identifying and ass¢ssin¥ iisks of Jnaterial misstatement in respect of irregularities, inc]udAng fraud and non-compliance with laws and regulatiOD5, we Considered the following.. Audit resy)n% lo risks identified the nare of the industry alld sector, control environment and business perfornM)ce including the design of th¢ Company's remuneration policie$, key drivers for directo, remuneration. bonus levels and perfornan¢¢ targets. - results of our enquiries of management about their own identification and assessment of the risks of irregularities any matters we identified having obtained aTMI reviewed the Company's docwnentstion of their policies and pro¢edure$ relating to.- identifying, evaluating and complying with laws and regulations and whether they were aware of any in%tanees of noncompliance,. - detecting alld responding to the risks of fTaud 8j whdher they have knowledgc of any acTr1, suspected OT alleged - the inlernal Controls esrablish¢d to mitigate risk$ of fraud or non-complian¢e with laws and regulauons,. the lltters disCued among the audit cngagement team and involving relevant internal specialists, including thx sptLialists regarding how and whcre fraud might occur in the financial %tstemeDts and any poiential indicators of fraud. As a result of these proceduTes, we considered the opportunities and incentives that may exist within the orwtsation for fraud aTJd idenrified the greatesi potential for fraud in relation to revenue recognition. In common with audits UDder ISAS (UK), we are alqo required to perforn) specific predureS to resyond to the risk of manag¢ment override. We alqo obtained an understanding of the legal and regulalory fraeWorkS thai the Company operates in, fusing on provi8ion8 of those laws and regulations that had a direct effect ffl the detern]ination ol- ]nateTial amounts- alld disclosures in the fill8llcial siatemenis. The key laws a]NJ re¥ulatiOJLS we consided in this contexl included the UK Companies Act and local tax legislation. Audit TLsponse to risks identified A$ a regtslt of perforniing the abov¢, we identified revenue recognition as a key audil Tnatter rtlated to the pute])iial risk of frd. Our predllre9 to T&SPODd to risky identified Includ the following.. reviewing th¢ fjnallcial siaiement disclosur¢5 and te5.ting to supporting documentation to as5es5 compliance with provisions of relevant laws and regulations de$oribed having a direct effect on the fmancial statements- - enquiriDg ofmattagemeni conceming actyal and potential litigation and clainjs,. perforniing analytical procedures to identify any unusual or unexpected relationships thai may indicate risks of material misstatement due to fraud. - readillg minutes of meetings of those Gharged with Éoveman¢e Page 5
ort of the Inde iidf nt Auditors lo the Members of Mleh#el Jone5 CoJumuni¢%' Limited l.Imlted bv Gu8ralltee - obtained an underslanding of provisions and held diUssiOnS with Dnagement to understand th¢ basis of rewgnition QT Don-re¢ogDition of tax provisions. alld - in addSsIllg the risk of fraud through maTIagllent oyeuide of controls, testing the appropriateness of journal etttries and other adjustments; assessing whether the judgements mad¢ in making accounts.ng estimatcs are indi¢81ive of poteniial bias. and evaluating th¢ business rationale of ally signifiull¢ transactions that are unuwal or outside the norniaj course of business. We also communicated r¢levanl identified laws and regulaiions and potential fraud ri8k8 to all engagen)¢nt team members including internal specialists.. and remained alert w any indication5 of fiaud or noncompliance with laws and regulations throughout the audit. A fillther description of our responsibilities for the audit of the financial Statements is located on the Financial Reporting Council's websil¢ at www.frc.org.uklauditoNesponsibilities. This description fornLS part of our Rep)rt of the Auditors. Uge of our report This report is made le]Y to the COMpanS members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. OUT audit work has been undenaken 50 that we might statc to the company's metnbers those matters w¢ are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extenl perniitted by law, we do not accept or assume responsibility to anyone other than the cornpony al llie company's members as a Ix)dy, forour audit work, for this report. or for the opinn8 we have fonned. Frnnces'lebbutt ACA FCCA MMT (SenioT Statutory Auditor} for and on behalf of Kilby Fox Statutory Auditor 4 Pavilion Court 600 Pavilion Drive Northamptott Business Park Northampto Northamptonshire NN4 7SL Date.. Page 6
Micbael Jones CommuDiti Limlted Umlted bi. GuaraDtee Income St*tement rF.n ed3 2024 2023 TURNOVFR AdmiDigtrative expenses 43,228 {30,665} {43228) Other oper&iin8 income 268 20 OPERATING DEFIC {30,397} (43.208) Income from fixed ass¢t inveattnentS' SURPLUSI(DEFICIT} BEFORE TAXATION 10,603 (208) T&% on SuLusI[def1cIt} SURPLUSI(DEFICIT) FOR THE FINANCIAL YEAR 10.603 Th¢ Dotes forni part of these fjnancial stalemenL4 Page 7
Michael Joues CommLULiti Limlled Re stered nutnber- 00971251 Limlted bi. GuArantee Balance Sheet 311 St tember 2024 2024 2023 Notes FIXED ASSETS Investments 7,000 7,000 CURRF,NT ASSETS Debtor% C&8h ai bank 41,000 37,000 6.849 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES RESERVES It)¢ome and expendityjre ¢01]nt The fmancial statem11$ have been prepared ia ac¢ordance with the provisions applicable to companies subject to the gmall companies regiine. The fall¢la1 sthtenients w¢re approved by the Board of Dir¢otors and authrrised for issue on I l March 2025 and skgned on its behalf by.. M J T¥sseir-"Di tor S M O'Grady- Direc nway- Direclor A Tayler- Dir¢¢tor The notes forni part of rhese fman¢ial statements Page 8
Michael Jones Communiti Limited limited bi. Guarantce Notes to the Finxntlal Statement5 for the Year Ended JO Se lember 21124 STATUTORY INFORMATION MiLhael Jolles Community Limited is a private cornpany, limited by guarantee. regi%teTed in England and Wales. The collwany's registered number and rcgistered office address can be found on the Company tnforrnation pagc. ACCOUNTING POLICIES Basis of preparing the fiDIDcial 8tpternents These fiuancial statements have b¢¢n prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. includin8 the provision& of Section IA "Small Entiii&*' and the Companies Act 2006. The fuhancial ststements have been prepad under the historical cosi convention. TaxAtIoD Taxation for the year comprises current and defetted lax. Tax is recogni5ed in the Income Statement. except to the extent thai it relates ¢0 itcms rttognised iti tsiher comprehensive income or directly in equity. Current or deferr¢d Kation asscts and liabilities are not discounted. Current tsx is recognid at thc amoullt of t&x payable wing the rates alld laws that have been enacted or Jbstantively enacted by the balance sheet date. Deferred lax Def¢rr¢d tsx is recognised in respect of all timing differences that have originated but nol rev¢rs¢d at the balance qhcet date. Timing ditTerencL% arise from tbe inclusion of inc¢)m¢ expenses in assessments in peri(th different froni thos¢ in which they are recognised in financial ststernents.. D¢ferred thx is measured using tax rates and laws have bccn enaeted or substslltively enacted by the year eDd and thai are expected to apply ts> the reversal of the timin¥ difFerence. Unrelieved tax losses and other deferred tsx assets are recognised only to the extent that it is probable that they will be recovered against the rever8Jl of d¢ferred liabilities or other future taxable profils". PLO)TES AND DIRECTORS The averdge number of ¢mployeey durin8 tbe year was NIL12023 - NIL). FIXED ASSET INVESTMENTS Other investments COST At l October 2023 ond 30 September 2024 PROVISIONS At l October 2023 And 30 September 2024 37.610 r4ET BOOK VALUE At 30 September 2024 7.000 At 30 September 2023 Page 9
Mlchael Jones Limited Limited b ." GuArantee Notes to the Flnancial Statements- ¢fyndnllod f r the Year Ended 30 Se t¢mber 2024 DEBTORS: AMOUNTS FALI,ING DUE WITHIN ONE YEAR 2U24 2023 Other debtors RELATED PARTY DISCI.OSURES S O'Grady, M Tyrrell, S Tayler and J Conway are directors of Michael lones Commwiity Limited and a]50 dirwtors of Mi¢hael Jones Co-operative Ltmited. Included within debtors: amounts falling due within one year is £41,00012023 . £37,000) owed from Mi¢hael Jones Co-operativ¢ Limit trIng the year £41,00012023 £37,(K)01 of donations have b¢¢n paid to Michael Jones Community Limited from Michael Jones Co-operdtive Limited. Page 10
Michael Jones Commulliti Limited Llmited bi. Guarantee Detailed Income and Ex endire Aeeount for the Year Ended JO Se tember 2024 2024 2023 Income Other Income Sundry Teceipts Donations re1¥¢d 268 20 43.(KK) 41,268 43,020 Expendlture Donations_ ¢hAriti¢s NET SURPLusiIDEFICIT) 208 This page does not fomi part of th¢ statrjtory financial 5totements Pagell
Mlcbael Jones Commutiits. Llmlted LJmited Guarantee Cojnmullit . Gifts for the Year EDded 30 Se tember 2024 AFC HACKLETON AIR AMBULANCE LEICESTERSHtRE ANIMALS IN NEED (NORTHAMPTON) BANBURY BID IN AtD OF KATHERINE HOUSE HOSPICE BRAtN TUMOUR RESEARCH BREAST CANCER NOW BREAST FRJENDS BRIDGEWATER PRIMARY SCHOOL CHBJSTMAS RAFFLE CHARITY BALL IN AID OF NPTON HOSPITAL ONCOLOGY & CHEMO CHAIUTY BALL IN AID OF SUDDEN UNEXPECTED DEATH IN EPILEPSY CLEENOL 75TH ANNIVERSARY GOLF L)ONATION CLEENOL 75TH ANNIVERSARY GOLb' DONATION CONNECTED TOGEfHER CROGS - CHARITY GOLF DAY SPONSORSHIP CYCLE LONDON/ BRIGHTON tN AID OF CHILDREN TH CANCER UK ciwrHIA SPENCER HOSPICE CYNTHIA SPENCER HOSPIC£ DAISY SUITE APPEAL AT NORTHAMPTON GENERAL HOSPITAL DANIEL BLAND SPONSORSHLP OF YOUNG GOLFER DEMENTIA ACTIVE DODDEIUDGE CENTRE EVE- NENE VALLEY bAMILY REFUGF. FRIENDS OF BRIDGEWATER PRIMARY SCH(K)L FRIENDS OF OVERSTONE PRIMARY SCHOOL (FOOPS) GROOVE ON THE GREEN HEADWAY EAST NORTHANTS HOLY TRINITY CEIURCII FUNDRAISER tN AtD OF GOSSET WARD IMPERIAL HEALTH CIIARtTY IN AID OF ADULT T CELL LYMPFIOMA INNOVATE MULTI ACADF.MY TRUST KIDNEY RESEARCII UK LAINY GOIiDON MEECHAN RESCUE LEWIS FOUNDATION WATER DASH LI'I-L'LE PIUNCFSS TRUST LONDON MARATHON IN AID OF CHILDREN WITH CANCER UK LOWDOWN LOWDOMW WELLBF.tNG EVEN[ RAFFLE MACMILLAN CANCER SUPPORT MAYORS CHARITY DINNER IN AID OF SPENCER CONfACT rNDA MASQUERADE BALL rNDA GOLF DAY NATASHA'S FUNDRAtSER FOR DEMENfIA ACTIVE NPTON GOLF CLUB CAPTAfNS CHARrrY IN AID OF THE LOWDOWN NORTHAMPTON HOCKEY CLUB ROADE & oufNTON OLD FOLKS FUND ROKART 2024 ROTARY CLUB OF NORTHAMPTON BECKEr ROYAL & DERNGATE 40TH ANNIVERSARY AUCTION SHAUN TAYLOR FUN DA Y CHARtTY EVENT SOI DOGS UK FOUNDATION SOUTHFIELDS HOUSE LHIUSTMAS IL4FFLE SPENCER WARD NPTON GENEIL4L HOSPITAL ST ANDREWS FESTIVOL EVENT THE ENERGY FITNESS S'I'UDIO CHARITY DAY 2024 WALKIES FOR CYN L'HIA SPENCER 135.00 250.00 250.00 100.00 299.00 72.00 170.00 57.00 145.00 340.00 630.IX) 120.<X) 1,000.00 1,040.00 165.00 80.00 130.00 200.00 2,000.00 5,000.00 250.00 3.000.00 80.00 75.00 i.000.00 72.00 80.00 149.00 600.00 700.00 250.00 2,500.00 75.00 139.00 5,000.00 89.00 255.00 165.00 250.00 350.00 150.00 249.(M) 400.(M) 85.00 i.000.00 330.(M) 350.(M) 99.00 150.00 45.00 100.00 145.00 250.00 50.00 30 665.00 This page does noi fomi part of the ststutory fJllan¢ial statemenrs Page 12