Charity Number 500492 Leyland Senior Citizens Social and Welfare Club Annual Report and Accounts 31 December 2023
Leyland Senlor Citizens Social and Welfare Club Report and Accounts Contents Charity information Report from the Trustees Examiners. K)rt Statement of financial activits.es Balance sheet Notes to the Financial Statements
Leyland Sanlor Cltlzens Social and Vvelfare Club Charlty Infomiation Trustees: MrGHLee Mrs J Kerrigan Mr C Ashcroft Mr D Loftus Social Commlttoe: Mrs J Almond Mr T Almond Mr5 C Ashcroft Mrs C Spencer Mr A Smrth Mr J Hevritt Mrs J Kerrigan Mr J Richmond Mrs S Rid)mond Accountants: Mr D E Ashman 3 Greythvaite Court LanGaster LA1 SUD Bank•rn: National Westmlnster Bank PIC 2 Golden Hill Lane Leyland Preston PR25 3LP Invastmfjnt Advisor: Springfield Financial Setvice5 Ltd Springfield House Navigation Way Ashton-on-RibbS8 Preston PR2 2YP Prlnclpal Address: Prospect House 45 Sandy Lane Leyland Preslon PR25 2EE Registered charlty number 500492
Leyland Senior Citizens SoGial and Welfare Club Report of the Trustees The Trustees present their report and financial ststements the year ended 31 December 2023, Refer nce and Admlnlstratlon Details Details of the current trustees. advisors and principa addresses of the charity are sel out on the previous page. The Trustees addresses have been with held because Tl is felt that there is an inherent vulnerabilty in disclosing this information, due to the fact they are all of post retirement age and do not consider it to be appropriate that Ihis be publicly available. Structur• Gov e and Mana Leyland Senior Citizens Social and Welfare Club is governed by a trusl deed and is reglsl8red with the Charity Commission (registered charity number 500492). The trusl deed requires four trust88S to be apwinted. Trustees are appointed by the existing tnjstees and are bn.efed on their resry)nslbilities as Iruslees prior to their acceptance of the role. The charity is ultimately managed by the truslees. hovMer the day-to4ay running of the charity is delegated to the soclal committee members, which nurnb8r nin& named on the previous page. Each rnember has their specific responsibilily in the dub and fonnal meetings are held each month. ement ctlvlties and Ob" ectlv The objective of the Charity is to provide facilitS for recreation or other leisuffj*lime occupations in the interest of social welfare for elderly persons, with the object of impfoving their condilions and quality of lrfe through a range of activities. This is done by providing such activities as darths, card and table top games. parties. as well as providing a regular place to meet in a relaxed social environmenl. This is lo be available for 52 weeks of the year. This is mainly hekl al the premises in L8yland. to which members Irdvel. Any members with difficulty in mobilty are offered assistance from committee members lo enable them to attend wherever possible. Membership fees are kept as low as reasonably possible, so to be available to everyone of limlted means. Ach ¢v¢m•nts and Sotback8 The club has provided a social atmosphere and environment for almost 100 members. The cornmtee have continued to encourage members back to the club after Covid, which has tangible benefits Or this routine has been $tored, most evident from individuals enlhusiasm 8nd general sociability being restored after several weeks, though it is slill a process with nervous members in the older age bracket. Members attending sessions however has conlinued to rise throughout the year. showing confidence in attending activities and social gatherings in larger groups is still taking time to recover. Regular dances have continued and 4 main parties held in the ye8r. These were the annual AGM where all attendees were given club funded pwentS. the King's Cororbation, Easter Party and the ever popular end of year Christmas Party. atlended by just over three qu¥ters of the membership. The overall attendance remalned just under 2131 membership for all parties. During the year. the gents toilets In the main hall have been completely refurbished, one of th8 final large upgrade projects highlighted over the past few years. Other refurbishments remainlng are to the appearance of the entrance way3 to the main hall vthiGh are need of full redecoration and general reinstating of plasler work on the internal walls.
Flnan l Reviv•V The club holds cash in reserves as a cover for a dramatic drop in the main income of Hir8 of hall or other income generation, arKI also an amount to cover unexpected large items of repair or refurbishment as they may arise. The funds needed for this are considered lo be equal to the previws year expenditure recorded In the accounts (exduding notable one off expenditures). pkjs £10,000. The full year expenditure requirement allows the dub to operate as normal for a full 12 months Mtiile a reor9anization is carried out to replace incomes or reduce expenditure. Currenlly. this equates to a fund requirement of £35,473 using the rureS in Ihe accounts. The reserves at the year end are £32,605 held in Short Terni Savings account. having closed the Fixed Investments during the ye8r. This is £2.868 under the agreed target. There is an intention to continue wilh intemal upgrade & repair work around the main building including replaslering of hall ways and replacing roof drains at an èslimated cost of £1,400. Within the year. the dub closed the long stsnding Inv8strnant Account, depositing the funds into the Short Term notice account,. as this has recently given higher returns and is also considered a safer and more prudent place to hold cash, with less fisk to value fluctuations. The total incoming resources for the year amounted lo £32.551 (2022 - £26.627). Expenditure in the year amounted to £25,473 (2022 - £26.031). This brought a surplus for the year of £7,078 (2022 deficit £596). This is a large rise on previ¢XJS years due to a slight increase in extwnal hall hire houdy rate of £1.34 on average, set at the start of 2023 in order to cover the expected rlse In healing cosls. which levelled mid year and began to fall at the end of the year from earlier hyhs. In addition, the Repairs & Mainténanc8 has reduced now the major projects are compEet8d. The day to day funding is held In a current account. CuentlY wlth a uedlt of £14,954 {includes cash in hand). This is considered sufficient to meet the immediale daily Tvnnlng costs thOut use of R6serve funds. During 2022. the club resumed a charge for membership fee after 2021 zero charge as comp8nsation lor lack of activities for most of the year. The fee ros6 by just £1 again unfortunately in order to maintain a break even on memb8rs frea acttvities. tatement of Trustee8' Res nslbllllles The Trustees are responsible for keeping accounting records which disdose, with reasonable accuracy, the financlal posillon of the charity and which enable thetn to asrtain the financial position of the of the ¢harity and which enable Ihem to ensure Ihat the financial stalements comply with applicable law, regulations and Iwst deed. They are also responsible for saf8guarding the assets of the charity and hence for taking reasonable steps for the preventton and delection of fraud and other iffegularities. This report was approved by the Board of Tru5tee5 on 151h February 2024. MrGLee Trusteé
TrAal L•lt Y•w TOW TN• Ymr vtyunw AthVllW Genw•lry v6sirn•ni knct¢ne 3711 70 Oth¢1 heLynirMJ Re5wrces TOTAL INCOM4G RESOIJRC Costs d G#11n9 Vohfftw kncrfiiè Costs cl Acii¥ilW tty 934 187 AGthlth• 142 19.W)7 Go¥Wn•t TOTIL RtSOURCES expENDtD IIET MOVIMINT FU1408 rol Lt Yw TX•lThlsY•w FIXEO ASSEYS v•simwis 20.623 roYAL FIXED ASSÉTS CURAENT ISSETS 1.69B sThcx1 Twm kn¥•Mm•ri CasD * tywk in h•nd TOTAL CUAREMT ASSÉTS 14,408 712 12I08 IIET ASSETS FUNOS OF THE CI¢AiiirY un¥tre0 t5 Rosi1j lufyjs TOTAL FUNDS 52
Cost Revalue Additions Dls sals Wrfte Down De reciation Nel Value Land & Buildin Prospect House 47.314 506.499 553,813 47,314 506,499 553,813 Buildin rovem New flat roof at rear Installation of new 8ollers Instellation of LED lighting nt 2022 NBV 2023 Depn 2,782 3090.56 -11315.4 2,658 2952.95 -2603.05 2.563 2848.46 -1975.54 14,406 5,556 4.824 11,624 2,898 2.261 308.62 295.24 285.31 24.786 16.783 8,003 FIX in Kitchen Water Héater Maln Hall Chairs Paper Shredder Vacuum Laptop Stacklng Tables PA System Stacklng Tables Crockery Bosh Eleclric Leaf B1mer Defribulator Installation Other- unknown in history 2022 NBV 2023 Depn (290) (918) (38) (51) {208) (526) (184) (190) (160) (8) (32) (19.#)> 1,020 45 85 347 102 204 13.5 42.5 173.5 448.5 104.5 232 188 81 315 -102 102.00 139 361 78 34.70 87.70 26.25 38.00 32.00 8.10 31.so -87.7 -26.25 262 316 81 315 156 73 -32 19, 23.932 22.S03 1,429 curi 3 Security Camewas 1 Securlty Camera Upgraded CCTV Upgraded Intruder Alarm Other - unknown in hlstory 2022 NBV 2023 Dapn 122.4 -122.4 165.9 -23.7 995.4 -142.2 503.3 -71.9 -3177 (214) (95) {5691 (2881 {4.076) 92 142 853 431 30.60 23.70 142.20 71.90 237 1,422 719 4.076 6,760 5.241 1,519 1.530.82 OVERALL TOTALS 102,792 506.499 44,527 564,764
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Leyland Senlor Cltizens Social and Welfare Club Notes to the Accounls Year Ended 31st Decomber 2023 NOTE 1- Basis of Preparatlon These accounts have been prepared on Ihe basis of historic cost (except that investments ar8 shown at market value) in accordance with the Accounling and Reporting by Charities - Stalement of Recommended Practice (SORP 2005 }, and with Financial Reporting Standards for Smaller Enterprises {FRSSE) along with the Charities Act. han o In Basis of Accountln There has been no change to the accounting policies (valuation rules and methods of accounting) since last year. Chan es to Prevlous Accounts No changes have been made to accounts for prevlous yeats NOTE 2 - Accounling Policlos Incomln Resources These are included in the Statement of Financial Activities (SOFA) ¥then the charity becomes entitled to the resources. the trustees are virtually certain they will recetve the resources and the monetary value can be measured with sufficient liabIlIty. omln resources with related ex enditur Where incoming resources have related expenditure las *ith fundraising or contract Income) the incomlng resource5 and related expenditure are reported gr05s in Ihe SOFA. Grants and donations Granls and donations are only included in the SOFA when the charity has unconditional entitlement lo the resources. Tax rocl Ims on donatlons and lfts Incoming resources from tax reclaims are included in the SOFA al Ihe same time as the gift lo which they relate. ontraclual income nd erformance related rants This is only included in the SOFA once the related goods or services have been delivered. ifts in Kind Gifts kind afe accounted for at a reasonable eslimate of their value lo the charity or the amount actually realised_ Gifts in kind for sale or dislribulion are induded in the accounts as gifts only when sold or distributed by ihe chaiity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable. Donated servi and facllltlés These are only included in incoming resources (with an eqLAvalent amount in resources expended) where Ihe benefil to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Volunteof hel The value of any voluntary help received is not induded in the accounts but is descrtbed in the trustees, annu81 rep4)rt. Investm nt income This is included in the accounts when receivable. Investment ains and losses This includes any gain or loss on the sale of Invesbnents and any gain or loss resulting from revaluing Investments io market value at the end of the year. rec nltlon Liabilities are recognised as soon as there is a legal or GonstruGtive obligation committing the charity to pay out resources. Governance c sts These include costs of the preparation and examlnatlon of statutory accounts. lh8 costs of trustee meetings and cost of any legal advice to trustees on govemance or conslitutional matters. Grant8 wlth erforrnance condltlons Where the charity gives a grant with condilions for Its payment being a specific level of service or output to be prowded, such grants are only recognised in the SOFA once Ihe recipient of the grant has provided the specified service or output. Grants able withou erformanc• nditions These are only recognised in Ihe accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain In the control of Ihe charity. ort Costs Support costs include central functions and have been allocated to actlvity cost categories on a basis consistent wilh the use of resources, eg. allocaling property costs by floor areas. or per capita, staff costs by the time spent and other costs by Iheir usage. Tan Ible fixed assots for use b charit These are capilalised if they can be used for more than one year. and cost at least £500, They are valued at cost or a reasonable value on receipt. Depreciation is charged al the following rates for these dassifKation of assets: Asset Classificati Property Property Improvemenls Fixlures. Fittings & Equipment Securlty Equipment Ra NIL 10% Reducing BalanGe 10°/0 Straighl Line 10% Reducing Balance Invostment8 Investments quoted on a reco9nised stock exchange are valued at markel value al Ihe year end. Olher investment assets are included al twslees, best estimate of market value. Slocks and w rkln ress These are valued at the lower of cost or market value.
NOTE 3 - Analysis of Incoming resources Vol nta Income Anatysis This Year Last Yr Memberships Analysls This Yoar Last Y•ar Hlre of Hall 23,094 23,094 Analysls This Year Last Y•ar Interest from Deposlt AcCnIS Galn on Managed Ir)ve51ment 24 2,157 2,133 Anatysis Thls Year Last Year Dances Whist Craft Club 4,294 678 298 5.270 225 5,222
NOTE 4 . Analysis of Resources Expended Analysis Thls Year Lasl Year Members Parties Member Outings 1,734 934 1,734 934 Analys18 Thls Yaar Last Year CleaninCare1aker Perfomiing Rights Llcen¢e 4,854 333 5.187 4,758 242 5,000 Cleanlnglcaretakar payments are to one sorvlng commlttee rnemr (2023 - ono), covering tlme for cleaning and general malntenan¢e as well as oponlng & closlng for members and hirors. Analysls Thls Year La81 Yoar Dance Organisers Whist Prizes Stationery & Postage Repairs & Renewals Cleaning Materials Refreshments Utilities Insurance Window Cleaner Security System Honorarium IT Expenses SRBC Premises Licence Advertising Depreciation Miscellaneous 940 339 252 6.798 649 402 4,350 1,801 150 240 2,000 194 180 316 305 3,239 715 363 5,746 1.992 120 231 2,200 160 180 1.530 85 18.142 1,590 22 19.907 Honorariums totalling £2,200 were payable to Trio Committee Memborri (2022 - Two). 100A increase in the year to reflect rising cost of the alternative equivelant, first rise in over 5 years
Anatysis Thls Year Last Year Independent Examiner's Fee 411 190 190 NOTES- anglble Fixed Ass8ts Tangiblo Flx•d seBts Land and Bulldlng Fixtur•s. Flttings S•¢urlty Buildln Im rovem?nt & E ulpmont ui ment Total At 01 January 2023 Addlllons lo December 2023 Al 31 December 2023 553,813 24,786 23.536 396 a932 6,780 608.895 553.813 24786 6,760 809.291 rocl Basls NONE NIL TOTAL 10% 15.893 10% 22,132 373 22,505 10% 4,972 268 5,240 Al 01 January 2023 Charge for the Year At 31 December 2023 42,997 1,530 16.782 Net B k Value At 31 December 2023 CIF 553,B13 1.427 1,520 564.764 At 01 January 2023 BIF 553.813 9.881 1,738 2,056 565.898 NOTE 6- Investmonts Listed Investment5 Thls Year At 1 January 2022 BIF Addillons Within The Year Withdrawals Withln The Year 20,623 22.780 21.817
Net Investrnent Gains l (Losses) At 31 December 2022 CIF 2.157 20.623 NOTE 7 - Debtors & Prepayments Analysis Thls Y•ar Last Year Trade debtors Olher debtors Prepayments and accrued income 300 231 1,567 2,098 NOTE 8 - Credltors & Accrual$ Analysls Thls Y•ar Last Year Trade Creditors Other credilors 4,254 254 4,254) <4.254)
Leyland Senlor Cltizens Social and Welfare Club {chty no. $00492) Independent Examiner Report I report on the accounts of Leyland Senior Citizens Social ar Welfare Club for th& year ended 31 December 2023. vA)ich are sel out on the following pages Res ectlve Res nsibilities of Ttee5 and Examinor The charity s Trustees are responsible for the preparation of the a¢unIs. The charity s Trustees consider that an audit is not required for this year as stated within Section 144 of the Charities Act 2011, (the Charitles Act) and that an independent examination is needed. It is my responsibility: to examine the accounts under Section 145 of the Charities Act: to follow the procedures laid down in the General Directions given by the Charity Commissioners under Section 145(5Xb) of the Charities Act. and to stste whether particular matters have come to my attention. Ba 18 of Inde ndent Examinerfs Statement My examination vrds carried out in accordance *ith the General Dir8ctions given by the Charrty Commission. An examination includes a review of the accounting recofds kept by the charity and a comparison of the financial statements pffjsented with those records. It also includes consideration of any unusual items or disdosures in the financial statements and seeking explanatic)ns from you as Trustees conc4rning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the financial statements as to whether they present a 'true and fair vtew.. My report is limited only to the statements below. nde nt Examlnerfs Statem nt I have completed my examlnation, and confirm rK) materlal matters h84e comè io my attention giving me cause to beli&ve that in any material respect'.- (1) accounling records are not kept in accordance with sectton 130 of the Charities Act; or (2} the accounts do not accord with those records" or (3) the accounts do not comply with applicable requirements concemlng the fom and content of accounts set out in Charities (Accounts & Reports) regulations 2008 other than a requirement that thè accounts provide a 'lrue and fair view. which is nol a matter considered as part of an examination. I have no concerns and have come across no matters to ¥thidi attention should be drawn, in order to enable a proper understanding of the accounts to be reached. Further I have no concern regardlng the future solven of the club during the Gurrent Covid pandemic, as there ts a likelihood of income being generated within 2024 and there are sufficient reserves built up to carry the dub until such time. Mr D E Ashman 3 GreyihNvaite Court Lancaster L41 SUD 01 February 2023