## **THE MARSKE CENTRE LIMITED STATEMENT OF ACCOUNTS YEAR ENDED 30th JUNE 2021**
**Company Number 01706830 Charity Number 513927**
## **The Marske Centre Limited**
## **Management Committee Report for the year ended 30th June 2021**
The management committee presents its report and the unaudited financial statements for the year ended 30th June 2021
## **Reference and administrative information**
|**Charity Name**|The Marske Centre|Ltd|
|---|---|---|
|**Charity registration number**|513927||
|**Company registration number**|1706830||
|Registered office and operational addr 69/71 High Street|||
||Marske||
||Redcar||
||Cleveland||
||TS11 6JL||
|Trustees|I Lowe|Chairman|
||E Lowe|Company Secretary|
||E J Fox||
||M Robinson||
||J Elgie||
||I Lowe|Treasurer|
||G Lowe||
||K Savage||
||J Holland||
|Independent Examiner|||
||L Pearson||
||17 Howard Drive||
||Marske||
||Redcar||
||TS11 7JE||
|Bankers|Natwest Bank Plc||
||Redcar||
||Cleveland||
## **The Marske Centre Limited**
## **Management Committee Report for the year ended 30th June 2021**
## **Structure, governance and management**
## Governing Document
The charity is a company, limited by guarantee, incorporated on 16th March 1983 and registered as a charity on 6th June 1983 The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its Articles of Association In the event of bankruptcy,members are required to contribute an amount not exceeding £1.50.
## Risk Management
The trustees constantly review the risks to which the charity is exposed and to this end they put in place systems and stategies to minimise those risks.
## Organisational Structure
The trustees are responsible for the strategic objectives of the charity.
## Related Parties
There are no related parties other than Trustees
## **Objectives and Activities**
The objects of the charity as set out in its Memorandum of Association are
To promote the benefit of the inhabitants of Marske-by-the-sea in the County of Cleveland and the neighbourhood without distinction of sex or political, religious or other opinions, by associating the local authorities, voluntary organisations and inhabitants in a common effort to advance education and to provide facilities in the interest of socal welfare for recreation and leisure time occupation with the object of improving the conditions of life for the said inhabitants.
The trustees have had regard to the Charities Commission guidance on public benefit.
**The Marske Centre Limited**
## **Management Committee Report for the Year ending 30th June 2021**
## Achievements and performance
## Trustees Report
A big thank you to our Staff, Volunteers and users of our centre in these difficult times of the Pandemic Unfortunately the Centre had to close March 23[rd] 2020 and until this year due to government legislation and guidelines as Covid 19 swept the country and as of 17th May 2021 we partially reopened as the government allowed. At all times we in the centre and our community have followed the recommendations of government of safe distancing, washing hands and wearing face masks and we closed down our air con systems but opened window and doors to allow fresh air to circulate throughout the building and kept the centre clean and free from the virus with our constant cleaning of floors/toilets/ handrails/ / handles /tables and chairs etc.
## **Centre improvements carried out**
The Ballroom has now a brand new multi -functional dance floor thanks to a grant from Sport England OF £40,OOO. The Sports Hall Roof has now been completely recovered successfully at a cost of £13,500 The Boiler house Roof has also been recovered.
The Ballroom has been upgraded and cleaned to reflect the rock n roll experience on show nights. The Sports hall has been cleaned / painted and the 6 new infra-red heaters are now all working ok. All Ballroom curtains have been cleaned and new roller blinds fitted to all the outer windows.
## **New User groups into the centre**
Northern Tang Soo-Do use the centre Sports Hall three times a week
Sportworks Special needs children sessions also use our Sports Hall each week Sportworks Sport n flex free classes for Seniors use our Sports Hall each week
Children’s playgroups have also expanded their sessions in the centre due to the high demand for places from the community.
## **Grant information**
The centre has been well supported by our local authority via government throughout the lockdown by business grants as they realise the importance of our centre and its value to the community. As of June2020 we have received grants from:
Neighbourly fund/Tees Valley/Bernard Sunley Foundation/Government business grants Via Redcar & Cleveland County Council, Sport England, Sport Fitness Flooring(donation) Sofia Foundation via Tees Valley Foundation.
In 2021/2022 the committee have the following projects to Progress
To modify the Air con systems in our ballroom so they draw in fresh air and not just recirculating air To reinstate the rest of our user group activities in our centre from July 19[th] 2021.
## **The Marske Centre Limited**
## **Management Committee Report for the year ended 30th June 2021**
## **Financial Review**
The Statement of Financial Activities shows the result of the charity for the year unrestricted reserves of £57'677 remain at 30th June 2021
## Income Sources
The bulk of our income derives from activities generated within the centre
## Reserves Policy
The trustees have established that the organisation should aim to build up free reserves of approximately 3 months running costs, which would be around £7000 as at 30th June 2021. at this date free reserves were £57'677
## **Statements of trustees ( directors) Responsibilities**
The directors are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Practice ( United Kingdom Accounting standards and applicable law) The financial statements are required by law to give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period In preparing these financial statements, the directors are required to
Select Suitable accounting policies and then apply them consistently
make judgements and estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the compand hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Committee
I lowe
Chairman
Date
## **Independent Examiners Report to the trustees on the Unaudited Accounts of The Marske Centre Limited**
I report on the accounts of the company for the year ended 30th June 2021
## **Respective responsibilities of trustees and examiner**
The trustees ( who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 43(2) of the charities Act 1993 (the 1993 act ) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to
examine the accounts under section 43 of the 1993 Act.
follow the procedures laid down in the general directions given by the Charity Commission (under section 43(7)(b) of the Act, as amended), and
state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with general Directions given by the Charity Commission An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters . The procedures undertaken do not provide all the evidence that would be required in an and consequently no opinion is given as to whether the accounts present a " true and fair view " and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
My recommendation that we migrate the accounting records to
Sage Software still stands for the current year but now have plans to put this in place for the new financial year starting July 2022. I do not believe that any adjustments made a net material difference.
1) which gives me reasonable cause to believe that , in any material respect, the requirements to keep accounting records in accordance with section 386 of the companies Act 2006 and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice Accounting and Reporting by Charities have not been met or
2 )to which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
L D Pearson A.C.M.A 17 Howard Drive Marske-by-the-sea Redcar Cleveland TS11 7JE
Date
## **The Marske Centre Limited**
## **Statement of Financial Activities**
## **Year Ended 30th June 2021**
|**Note**
**Unrestricted**
**Funds**
**Incoming Resources**
**Incoming Resources from**
**Generated Funds**
Fund Raising & Donations
2002
Investment Income
0
**Incoming resources from**
**Charitable activities**
Grants receivable
2
98460
Membership
0
Coffee Area
60
Miscellaneous Sales
1
Function Room
4988
Club Room
4426
Committee Room
0
Badminton
771
Football
0
Hall hire
2588
Polling Station
275
Raffles & Blindcard
0
Bingo
0
Childrens Party
95
**Total Incoming Resources**
113666
**Resources Expended**
**Charitable Activities**
3 65334.45
65334.45
**Net Incoming Resources**
48331.55
**Fund Balances Brought Forward**
**Fund Balances Carried Forward**|**Restricted**
**Funds**
0
0
0|**2021**
**2020**
**Total**
**Total**
**Funds**
**Funds**
2002
2830
0
10
98460
39400
0
1451
60
0
1
210
4988
36632
5426
7302
0
0
771
1205
0
252
2588
2421
275
248
0
925
0
142
95
1050|
|---|---|---|
|||114666
94078|
|||65334.45
87782|
|||65334.45
87782|
||||
|||49331.55
6296|
|||51376.77
21786.8
100708.3
51376.8|
## **The Marske Centre Limited**
## **Balance Sheet as at 30th June 2021**
||||2021|||2020||
|---|---|---|---|---|---|---|---|
|Note||£||£|£||£|
|**Fixed Assets**|4|||48818.23|||16802.23|
|**Current Assets**||||||||
|Prepayments|5|||0|||0|
|Debtors||||856|||62.29|
|Cash at bank and in hand||||70491|||55021|
|Stocks||||900|||900|
|||||72247|||55983.29|
|**Current liabilities**||||||||
|Creditors & Accrua|6|||-132|||-17|
|**Net Assets**||||121197.23|||72802.52|
|**Funds**|9|||||||
|Unrestricted Funds||||121197.07|||72802.52|
For the year ending 30th June 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## Directors Resposibilities
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions for small companies under part 15 of the companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Approved by the Committee
I Lowe
Chairman
Date
## **The Marske Centre Limited**
## **Notes to the Accounts**
## 1 **Accounting Policies**
- a) The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) , the Companies Act 2006 and follow the recommendations in Accounting and Reporting by Charities Statement of Recommended Practice issued in March 2005
- b) Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. The value of services provided by volunteers has not been included
- c) Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable.
- d) Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered and allocated to the particular activity to which they relate.
- e) Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life at the following rates.
Equipment 25% reducing balance
- f) Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purposes and are available as general funds.
- g) Designated funds are unrestricted funds earmarked by the management committee for particular purposes.
- h) Restricted funds are to be used for specific purposes as laid down by the donor Expenditure which meets these criteria is charged to the fund.
- 2) **Grants Receivable**
|**Grants Receivable**|||
|---|---|---|
|Unrestricted
Funds
£
Jack Brunton
Tees Valley Community
864
RCBC
34400
Brunton J Chart
ESC Lotterey
Garfield Weston
Neighbourly Ltd
Saltburn Marske & New Marske Parish
Sport Works
The Bernard Sunley
The Neighbourly Togeather Fund
35264|Restricted
Funds
£
49756
250
9690
2500
1000
63196|Total
Total
2021
2020
£
£
2000
864
1000
34400
25000
2000
49756
4000
5000
400
250
9690
2500
1000|
|||98460
39400|
## **The Marske Centre Limited**
## **Notes to the Accounts**
3) **Total Resources Expended**
||||**2021**||**2020**|
|---|---|---|---|---|---|
||**Charitable**|**Governance**|**Total**||**Total**|
||**Activities**|**Costs**||||
||**£**|**£**|**£**||**£**|
|**Costs Directly allocated to**|**activities**|||||
|Wages and Coaching fees|5012||5012||12510|
|Rates and Water|406||406||692|
|Light and heat|2476||2476||7736|
|Insurance|4935||4935||4206|
|Repairs and Maintenance|19065||19065||8982|
|Telephone|1697||1697||1517|
|Stationery|170||170||77|
|Postage|0||0||31|
|Depreciation|12676.5||12676||0.00|
|Accountancy|1030||1030||1366|
|Licenses|200||200||695|
|Other Expenses|1857||1857||1610|
|Business Expenses|12669||12669||580|
|Renewals|302||302||0|
|Miscellenous|74||74||186|
|Bar Expenses|1532||1532||8614|
|Entertainment Expenses|6||6||7659|
|Advertising|69||69||0|
|Capital|1158||1158||1465|
|Total|65334.5||65334||57926|
|4)
**Fixed Assets**||||**Equipment **|**Buildings**|
|||||£||
|Cost||||||
|as at 1st July 2020||||31501.80|0|
|Additions||||2212|42480|
|||||33713.80|42480|
|10)
**Depreciation**||||||
|As at 1st July 2020||||14699.57|0.00|
|Charge for year||||8428.45|4248|
|At 30th June 2021||||23128.02|4248.00|
## **The Marske Centre Limited**
## **Notes to the Accounts**
|5)
**Prepayments**
Prepayments
6)
**Creditors and Accruals**
Trade Creditors
Accruals|2021
£
0
2021
£
-132
0
0|2020
£
0
2020
£
-17
0|
|---|---|---|
|||0|
## 7) **Trustee remuneration and expenses**
No remuneration or expenses were paid to trustees during this year or the previous year
## 8) **Analysis of net assets between funds**
|Net Current Assets|Unrestricted
Funds
£
121197.23
121197.23|Restricted
Funds
£
0|Total
£
121197.23|
|---|---|---|---|
||||121197.23|
## **The Marske Centre Limited**
## **Notes to the Accounts**
## 9) **Movement In Funds**
|**Restricted Funds**
Parish council
Adjustment
**General Funds**|At 1st
Income
Expenditure
At 30th
Jul-20
Jun-21
£
£
£
£
0
0
0
0
63
63
72802.52
113666
65334.45
121134.07|
|---|---|
||72802.52
113666
65397.45
121197.07|
## 10) **Depreciation**
**Equipment** is depreciated over 4yrs **Buildings** (Ballroom Floor) is depreciated over 10yrs