**Registered Charity Number: 523579** **Report of the Trustees and Financial Statements for the Year Ended 30 June 2020 For Shaw Cross Club for Young People** **Shaw Cross for Young People Contents of Financial Statements for Year Ended 30 June 2020** ||Page| |---|---| |Report of the Trustees|1| |Independent examiners report|2| |Statement of Financial activities|3| |Balance Sheet|4| |Notes to the Financial Statements|5 - 8| |Income and Expenditure account|9| ## **Shaw Cross Club for Young People Report of the Trustees for the Year Ended 30 June 2020** The trustees present their report with the financial statements of the charity for the year ended 30 June 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** 523579 ## **Principal address** 975 Leeds Road Woodkirk Dewsbury West Yorkshire ## **Trustees** Mr. D M Hird BEM Mr. D Ellis Mr. M Turner Mr. B Turner Mr. P Burton Mr. G Parker Approved by order of the board of trustees on 22nd February 2021 and signed by: Mr. B Turner – Trustee Page 1 ## **Shaw Cross Club for Young People** ## **Independent Examiner’s Statement on the Unaudited Accounts for Shaw Cross for Young People** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below, in connection with Covid-19) which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## **Covid-19** During the trading year Covid-19 lock down occurred, resulting in the club unable to trade on a regular basis, this has continued into the subsequent trading year. The club has taken the opportunity to apply for and receive a number of grants which has enable to club to be in a strong position to be able to fully open once the Covid-19 lock downs are lifted. These have been included in other income within the accounts. Lisa Waugh FCCA Castleford 22nd February 2021 Page 2 ## **Shaw Cross Club for Young People Statement of Financial Activities For the Year Ended 30 June 2020** |Notes
**Income From**
Other trading activities
2
Grant
**Expenditure on**
Raising funds
Other
**NET INCOME /(EXPENDITURE)**
**Total funds brought forward**
**Deposit account adjustment**
**TOTAL FUNDS CARRIED**
**FORWARD**|**30/6/2020**
£
**Total Funds**
**123,699**
**123,699**
**68,699**
**72,189**
**140,888**
**(17,189)**
**85,607**
**68,418**|30/06/2019
£
Total Funds
127,188
45,000| |---|---|---| |||172,188
76,399
70.722| |||147,121| |||25,067
60,540| |||85,607| The notes form part of these financial statement Page 3 ## **Shaw Cross Club for Young People Balance Sheet At 30 June 2020** |Notes
**FIXED ASSETS**
Tangible assets
6
**CURRENT ASSETS**
Stocks
7
Debtors
8
Cash at bank and in hand
Deposit account adjustment
**CREDITORS**
Amounts falling due within one year
9
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
**Unrestricted funds**
**Deposit account Adjustment**
10
**TOTAL FUNDS**|**30/6/20**
Total funds
£
**59,598**
**0**
**10,949**
**10,949**
**(2,129)**
**8,820**
**68,418**
**68,418**
**68,418**
**68,418**|30/6/19
Total funds
£
64,353
4,320
24,903| |---|---|---| |||29,223
(7,969)| |||21,254| |||85,607| |||85,607| |||85,607| |||85,607| The notes form part of these financial statement Page 4 ## **Shaw Cross Club for Young People Notes to the Financial Statements for the Year Ended 30 June 2020** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold Property - 5% Straight Line Fixtures and fittings -15% reducing balance ## **Stocks** Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Pension costs and other post-retirement benefits** The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 5 ## **Shaw Cross Club for Young People Notes of the Financial Statements for the Year Ended 30 June 2020 - continued** ## **2. OTHER TRADING ACTIVITIES** |Bar sales
Sundry income
**NON TRADING ACTIVITIES**
Restricted fund
Grant
**Total Income**|**30/06/20**
**£**
**82,086**
**41,613**
**123,699**
**-**
**123,699**|30/06/19
£
91,991
35,197| |---|---|---| |||127,188
45,000| |||172,888| ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 30 June 2020 nor for the year ended 30 June 2019. ## **Trustees' expenses** There were no trustees’ expenses paid for the year ended 30 June 2020 nor for the year ended 30 June 2019. ## **4. STAFF COSTS** The average monthly number of employees during the year was as follows: ||30/06/20|30/06/19| |---|---|---| |Staff|0|1| No employees received emoluments in excess of £60,000. **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** ||Unrestricted fund| |---|---| |**INCOME FROM**|£| |Other trading activities|172,188| |**Total**|172,188| |**EXPENDITURE ON**|| |Raising funds|76,399| |Other|70,722| |**Total**|147,121| |NET INCOME (EXPENDITURE)|**25,067**| |**Total funds brought forward**|60,540| |Deposit account adjustment|| |**Total funds brought forward**|85,607| Page 6 ## **Shaw Cross Club for Young People Notes of the Financial Statements for the Year Ended 30 June 2020 - continued** **6. TANGIBLE FIXED ASSETS** |**Freehold**
**property**
**Fixtures**
**and**
**fittings**
**£**
**£**
**COST**
At 1 July 2019
**67,968**
**54,226**
Additions
**At 30 June 2020**
**67,968**
**54,226**
**DEPRECIATION**
At 1 July 2019
**18,577**
**39,264**
Charge for year
**2,511**
**2,244**
**At 30 June 2020**
**21,088**
**41,508**
**NET BOOK VALUE**
At 30 June 2020
**46,880**
**12,718**
At 30 June 2019
**49,391**
**14,962**
**7. STOCKS**
**30/06/20**
**£**
**Stocks**
**-**
**8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**£**
Other debtors
**-**
**9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**30/6/20**
**£**
Trade creditors
1,253
Taxation and social security
-
Other creditors
876
**TOTAL**
**2,129**|**Totals**
**£**
**122,194**
**122,194**
**57,841**
**4,755**
**62,596**
**59,598**
**64,353**
**30/6/19**
**£**
**4,320**
**£**
**-**| |---|---| ||**30/6/19**
**£**
4,270
139
3,460| ||
**7,969**| Page 7 ## **Shaw Cross Club for Young People Notes of the Financial Statements for the Year Ended 30 June 2020 - continued** ## **10. MOVEMENT IN FUNDS** |Comparative net movement in funds, included in the above are
**01/07/19**
General Fund
85,607
**TOTAL FUND**
**85,607**
**Net movement in funds, included in the above**
**Incoming**
**are as follows:**
**resources**
**£**
General fund
123,699
**TOTAL FUND**
**123,699**
**Comparatives for movement in funds**
**01/07/18**
**£**
**Unrestricted funds**
General fund
60,540
Deposit account adjustment
**60,540**
Incoming
resources
£
Unrestricted funds
**172,188**
General fund
**Total funds**
172,188||as follows:
**Net**
**movement**
**in funds**
(17,189)
**(17,189)**
**Resources**
**expended**
**£**
(140,888)
**(140,888)**
**Net**
**movement**
**in funds**
**£**
25,067
**25,067**
Resources
expended
£
**(147,121)**
(147,121)||**30/06/20**
68,418
**68,418**
**Movement in**
**funds**
**£**
(17,189)
**(17,189)**
**30/06/19**
**£**
85,607
**85,607**
Movement in
funds
£
**25,067**| |---|---|---|---|---| |||||| |||||| |||||| |||||| |||||| |||||| |||||25,067| ## **11. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 30 June 2020. Page 8 ## **Shaw Cross Club for Young People Detailed statement of financial activities for the year ended 30 June 2020** |**Income**
Bar income
Sundry Income
Grant
**Total income**
**Cost of sales**
Opening Stock
Purchases
Rugby kits
Closing stock
**Expenses**
Wages
Pension
Rent
Rates & water
Insurance
Light and heat
Postage and stationery
Telephone
Sundries
Cleaning and waste disposal
Accountancy
Stocktaker
Donations
Repairs and maintenance
70thAnniversary costs
Bank Charges
Depreciation
Total resources expended
**Net (expenditure)/income**|**30/6/20**
**£**
**82,086**
**41,613**
**-**
**123,699**
**123,699**
**4,320**
**39,769**
**24,580**
**-**
**68,669**
**29,860**
**-**
**-**
**5,149**
**2,964**
**9,628**
**20**
**458**
**4,238**
**4,211**
**-**
**90**
**-**
**10,730**
**-**
**116**
**4,755**
**140,888**
**(17,189)**|30/6/19
£
91,991
35,197
45,000| |---|---|---| |||172,188| |||172,188
4,570
44,415
31,734
(4,320)| |||76,399
27,853
282
2,086
4,253
4,535
7,760
150
398
3,808
6,074
1,492
720
500
7,058
-
276
3,477| |||147,121| |||25,067| This page does not form part of the statutory financial statements Page 9