## **THE MARSKE CENTRE LIMITED STATEMENT OF ACCOUNTS YEAR ENDED 30th JUNE 2022**
**Company Number 01706830 Charity Number 513927**
## **The Marske Centre Limited**
## **Management Committee Report for the year ended 30th June 2022**
The management committee presents its report and the unaudited financial statements for the year ended 30th June 2022
## **Reference and administrative information**
|**Charity Name**|The Marske Centre|Ltd|
|---|---|---|
|**Charity registration number**|513927||
|**Company registration number**|1706830||
|Registered office and operational|addres69/71 High Street||
||Marske||
||Redcar||
||Cleveland||
||TS11 6JL||
|Trustees|I Lowe|Chairman|
||E Lowe|Company Secretary|
||E J Fox||
||J Findley||
||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 2022**
## **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 2022**
## Achievements and performance
## Trustees Report
Once again, a big thank you to our Staff, Volunteers and users of our centre. Without you all we could not function. As we came out of the pandemic all restrictions were removed in the centre, but sanitising stations would continue for the community to use and daily cleaning in the centre also to keep the high standard that we set during the pandemic.
Marske Centre celebrated our Queens Platinum Jubilee with a brilliant window display and the centre was decked out in bunting.
The pop in club held a special light lunch for its patrons to celebrate.
## **Centre improvements carried out**
The big project of installing the new Air Con System in the Ballroom is complete and will benefit all user groups and the community for many years to come. This System brings fresh air into the room and expelles the used air and the control of the room temperature using heat pumps which is better for the environment and will reduce our carbon footprint.
New computer/Monitor and printer installed in the office. 3 Infa-Red Heaters in Sports Hall - new control boxes fitted.
A Defibrillator has been fitted in the entrance foyer which was kindly donated by the Mike Findley Fund.
## **Grant information**
Marske Centre is very grateful for the support of the following Foundations/Trust atc. Impetus Environmental Trust.
Saltburn & Marske Parish Council. The National Lottery. Virgin Media 02 Neighbourly Foundation. The Bernard Sunley Foundation. The Jack Brunton Trust. The Environmental Trust.
In 202/2023 the committee have the following projects to Progress
To change all the old type Fluorescent Lighting etc in every part of the Centre to LED which in the long term will reduce our energy bills etc.
## **The Marske Centre Limited**
## **Management Committee Report for the year ended 30th June 2022**
## **Financial Review**
The Statement of Financial Activities shows the result of the charity for the year unrestricted reserves of £66,540 remain at 30th June 2022
## 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 £7'000 30th June 2022. at this date free reserves were £66'540
## **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**
I am happy that the client has now changed over to Sage for the year Financial year 2023. 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 2022**
|**Note**
**Unrestricted**
**Funds**
**Incoming Resources**
**Incoming Resources from**
**Generated Funds**
Fund Raising & Donations
1655
Investment Income
0
**Incoming resources from**
**Charitable activities**
Grants receivable
2
18115
Membership
0
Coffee Area
0
Miscellaneous Sales
150
Function Room
36064
Club Room
10084
Committee Room
0
Badminton
3036
Football
0
Hall hire
10817
Polling Station
102
Raffles & Blindcard
0
Bingo
0
Childrens Party
1340
**Total Incoming Resources**
81363
**Resources Expended**
**Charitable Activities**
3
69995
69995
**Net Incoming Resources**
11368
**Fund Balances Brought Forward**
**Fund Balances Carried Forward**|**Restricted**
**Funds**
0
0
0|**2022**
**2021**
**Total**
**Total**
**Funds**
**Funds**
1655
2002
0
0
18115
98460
0
0
0
60
150
1
36064
4988
10084
5426
0
0
3036
771
0
0
10817
2588
102
275
0
0
0
0
1340
95|
|---|---|---|
|||81363
114666|
|||69995
87782|
|||69995
87782|
||||
|||11368
26884|
|||100708.3
51376.8
112076.3
100708|
## **The Marske Centre Limited**
## **Balance Sheet as at 30th June 2022**
||||2022|||2021||
|---|---|---|---|---|---|---|---|
|Note||£||£|£||£|
|**Fixed Assets**|4|||44833.83|||48818.23|
|**Current Assets**||||||||
|Prepayments|5|||0|||0|
|Debtors||||1207|||856|
|Cash at bank and in hand||||85505|||70491|
|Stocks||||900|||900|
|||||87612|||72247|
|**Current liabilities**||||||||
|Creditors & Accruals|6|||-43|||-132|
|**Net Assets**||||132488.83|||121197.23|
|**Funds**|9|||||||
|Unrestricted Funds||||132488.83|||121197.23|
For the year ending 30th June 2022 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
£
Arnold Clark
Tees Valley Community
RCBC
4000
Brunton J Chart
ESC Lotterey
Saltburn Marske & New Marske Parish
Sport Works
The Bernard Sunley
The Neighbourly Togeather Fund
Main Grants
4000|Restricted
Funds
£
1000
1000
1115
4000
7000
14115|Total
Total
2022
2021
£
£
1000
864
4000
34400
1000
49756
1115
250
9690
4000
2500
1000
7000
0|
|||18115
98460|
## **The Marske Centre Limited**
## **Notes to the Accounts**
## 3) **Total Resources Expended**
|3)
**Total Resources Expended**|||||
|---|---|---|---|---|
||||**2022**|**2021**|
||**Charitable**|**Governance**|**Total**|**Total**|
||**Activities**|**Costs**|||
||**£**|**£**|**£**|**£**|
|**Costs Directly allocated to activities**|||||
|Wages and Coaching fees|12135||12135|5012|
|Rates and Water|764||764|406|
|Light and heat|6924||6924|2476|
|Insurance|4793||4793|4935|
|Repairs and Maintenance|9515||9515|19065|
|Telephone|1389||1389|1697|
|Stationery|402||402|170|
|Postage|10||10|0|
|Depreciation|15574||15574|12676.45|
|Accountancy|1804||1804|1030|
|Licenses|221||221|200|
|Other Expenses|2976||2976|1857|
|Business Expenses|1357||1357|12669|
|Renewals|0||0|302|
|Miscellenous|185||185|74|
|Bar Expenses|7717||7717|1532|
|Entertainment Expenses|3881||3881|6|
|Advertising|348||348|69|
|Capital||||1158|
|Total|69995||69995|65334|
## 4) **Fixed Assets**
## **Equipment Buildings**
Cost as at 1st July 2021 Additions
## 10) **Depreciation**
As at 1st July 2021 Charge for year At 30th June 2022
|£|||
|---|---|---|
|33713.80|42480||
|11590||Capital|
|45303.80|42480|87783.80|
|23128.02|4248||
|11325.95|4248||
|34453.97|8496.00|42949.97|
|||44833.8|
## **The Marske Centre Limited**
**Notes to the Accounts**
|5)
**Prepayments**
Prepayments
6)
**Creditors and Accruals**
Trade Creditors
Accruals|2022
£
0
2022
£
-43
0
0|2021
£
0
2021
£
-132
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
£
132488.83
132488.83|Restricted
Funds
£
0|Total
£
132488.83|
|---|---|---|---|
||||132488.83|
## **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-21
Jun-22
£
£
£
£
0
0
0
0
-76.4
121197.23
81363
69995
132565.23|
|---|---|
||121197.23
81363
69995
132488.83|
## 10) **Depreciation**
**Equipment** is depreciated over 4yrs **Buildings** (Ballroom Floor) is depreciated over 10yrs