Croft House Settlement (Registered Charity number 5239101 Flnanclal statement3 For the year ended 31 Decomber 2024 Contents Page Legal and administrative information Council of Management report Examinerfs report Statement of financial activities Balance sheet Notes lo the accounts
Croft House Settlement Legal and admlnlstrative Informatlon Hon Vice President Mr John Boyington CBE Chalr Mr Derek Newman Hon. Secretary Ms Emily Hart Hon. Treasurer Mr Glyn Boyington Council of Management Mr David Staniforth Mr David O'mara Ms Nisha Lall Mr lan Owers Ms Sioned Mair Richards Dr Lee Crookes from September 2024 from September 2024 Settlement Manager Mr Roger Steele MBE Reglstered Charity Number 523910 Principal Address Garden Street Sheffield S1 4BJ Independent Examiner Craig Williamson While Rose Accounting for Charities The Ghyll Threapland Aspatria CA7 2EL Bank National Vvestminster Bank plc 42 High Street Sheffield S1 1QG
Croft House Settlement Council of Management report The Council of Management present their report and financial statements for the year ended 31 December 2024 Structure. governance and management Croft House Settlement was sel up in 1902 fof the purpose of educating the young and helping the elderly, so that their conditions of life may be improved. The declaration of trust is dated 7 Oclobef 1960. Croft House Settlement is governed by the conslilulion approved by the Council of Management on 1 November 1999, as amended by resolution dated 30 June 2004 and most recently amended September 2014, and was entered upon the register of charities on 11 September 1963. The objective of the charity is, in the interest of social welfare, to improve the conditions of life of the inhabitants of the area of benefit without distinction of political, religious or other opinions by the provision of facilities for recreation and other leisure lime occupation. Activltles and achlevements 2024 has been a successful year for Croft House with high levels of usage for community activity which is reflected in the income from lettings and club receipts. Work has been undertaken to maintain the Garden Streel building in a safe, usable condition including extensive repointing, some flooring work and general maintenance. Towards the end of the year we were fortunate to receive a grant of £9,000, via Sheffield City Council, from the UK SPF Low Carbon Fund. This covered half the cost of installing solar panels and storage batteries. As well as contributing lo UK net zero targets the project should help in controlling our future powef Costs. The Council of Management and all those who use Crofl House are again grateful to The Dixon Pitchfork Charitable Trust for thèir continued financial support . Such generosity enables Croft House lo continue to serve the community in Sheffield. Since Croft Hotsse was founded in 1902 our charity has seen many changes but remains an important part of the charitable and voluntary sector in Sheffield. Wilhoul our work to provide affordable spaces, many community groups would find il difficult to continue operating. Our thanks go lo Craig Williamson of White Rose Accounting for Charities for his diligent work in examining these annual accounts.
Croft Hous• Settlement CouncKI of Management report Organisation Membership of the Settlement is open to all members of the community regardless of sex, ethnic origin, or religious creed, subject to compliance with the rules of the various sections operating within thé Settlemenl. The Council of Management comprises members from local businesses and the local community and up lo four nominated by the Central United Reformed Church. The Council of Management who has served the charity during the year and since the year end is listed under the legal and administrative information. The Council of Management has mel 4 limes during the year. Reserves policy It is the policy of the Settlement lo maintain unrestricted funds, which are the ffee reserves of the charity, al a level which equates lo between g and 12 months unrestricted expenditure. At this level, the Council of Management feels that il would be able to continue the current activities of the Settlement in the event of a significant fall in income, whilst il considers how lo address future funding. Coun¢il of Management responsibilities for the flnanclal statements Charity law requires the Council of Management to prepare financial statements for each financial period which show the state of affairs of the charity and of nel income or expenditure of the charity for that period. In preparing those financial statements, the Council of Management are required lo.. select suitable accounting policies and apply them consistently. El observe the methods and principles in the Charities SORP FRS {102} make judgements and eslimales that are reasonable and prudent. Q prepare the financial slalements on the going concern basis unless il Is inappropriate lo presume that the charity will continue in operation. U stale whether applicable accounting standards of recommended practice have been followed subject lo any departures disclosed and explained in the financial statements. The Council of Management are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable the Council of Management lo prepare financial slalements. The Council of Management are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities. This report was approved by the Council of Management on their behalf by.. and is signed on MT Derek Newman Chair
Croft House Settlement Indgp•ndent 0xamin•S report to tho Councll of Management of Croft House Settlem•nt I report on Ihe accounls for the year ended 31 December 2024. wh'ich are set out on pages 6 to 9. Respectlve responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under seclion 144121 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to.. U examine the accounts under section 145 of the 2011 Act., El lo follow the procedures laid down in the general Directions given by the Charity Commission under section 14515llbl of the 2011 Acl", and CJ to state whether particular matters have come lo my attention. Basis of independent oxaminer's report My examination was carried out in accordance with the 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. 11 also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Iruslees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'lrue and fair view, and the report is limited to those matters sel out in the statement below. Independent examiner's statement In connection with my examination, no matter has come lo my attention.. {1 } which gives me reasonable Cause lo believe that in any material respect the requirements-. u to keep accounting records in accordance with section 130 of the 2011 Act., and Q to prepare accounts which accord with the accounting record5 and comply with the accounting requirements of the 2011 Act have not been mel,. or {2} lo which, in my opinion, attention should be drawn in order lo enable a proper understan f the accounts to be reached. Signed.. Craig Williamson While Rose Accounting for Charities The Ghyll Threapland Aspatria CA7. 2EL Dale.. iryILh JLf
Croft House Settlement statement of flnanclal actlvltles for the year ended 31 December 2024 Unrestricted fund Restricted fund Total 2024 Total 2023 Note Incomlng resources Grants and donations Club receipts Letting income Other income Investment income Total Incoming resources 3,550 3,996 29,074 9,000 12,550 3.996 29,074 3,650 3,780 28,420 300 471 36,621 682 37,302 682 46,302 9,000 Resources expended Staff costs Repairs and renewals Lighl and heating Rates and water Solar Panel Project Defibrillator Project Insurance Telephone Management and adminstration Accountancy Total resources expended 11,821 13,141 3,267 1,256 9,000 11,821 13,141 3,267 1.256 18,000 9,685 5,972 3,229 1.086 9,000 999 2,928 634 78 140 24,752 2,885 1,189 144 150 42,853 2,885 1,189 144 150 51,853 9,000 Net (outgoing}lincoming resources {5,551} (5.551) 11,869 Total funds brought forward 45,402 45,402 33,532 Totsl funds carried forward 39,851 39.851 45,402
Croft House Settlement Balance sheet as at 31 December 2024 202* 2023 Notes Current assets: Balance at bank and cash in hand Debtors 32,839 10,712 43,551 43,880 1,662 45,542 Creditors: amounts falling due within one year (3,700) (140) Net current assetsl(liabilities) 39,851 45,402 Total assets less current liabilities 39,851 45,402 Total net assets 39,851 45,402 Represented By FUNDS Unrestricted income fund Restricted funds - Defibrillator Project Building Development fund 28,851 25,402 11,000 39,851 20,000 45,402 This report was approved by the Council of Management on and is signed on their behalf by: Mr Glyn Boyington Hon. Treasurer Ms Emily Hart Hon. Secretary
Croft House Settlement Notes to the accounts for tho year ended 31 DeG•mber 2024 1 Accountlng Policies {al Basis of preparation The Financial Slalemenls have been prepared in accordance with the the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021, and the Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with FRS102 leffeclive from January 2015 and updated with effect from January 20161- Ilhe Charities SORP IFRS10211, as modified for smaller chaiities The Charity meets the definition of a public benefit entity as defined under FRS102. {bl Donations and fund accountlng Donations received lor the general purposes of the charity are In¢luded as unreslricled funds {¢) Resources expended Expendiluie is included on an accruals basis 2 Grants and donatlons 2024 Total 2023 Total Restricted: UKSPF Low Carbon Grant Unrestricted.. Dixon Pitchfork Charitable Trust Fund Individual donations 9,000 3,550 3,550 100 3,650 12,550 3 DebtOTS 2024 2023 Prepayments Debtors 1,712 9,000 10,712 1.662 1,662 4 Credltors., amounts falllng due wlthln one year These are expenses that have been incurred bul have not been billed or paid for during the accounting period. They are in respect of.. 2024 2023 Acerua15 Accruals and deferred income 150 3,550 3,700 140 140
roft Hou¥9 S•ttl•ment Notes to the accounts for the year ended 31 December 2024 5 Council of Management eXP9nses No member of the Council of Management or volunteers received remuneration 12023. nill and were not reimbursed for any expenses in the year12023.' nill