THE BEAMSLEY PROJEcr CHARITABLE TRUST REPORT AND UNAUDITED Accoumfs for the year ended 31 March 2022 Chari Number: 701574
THE BEAMSLEY PROJEcf CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 Objects of the Charity The Trust provides short stay facilitie5 for disabled persons and their carers, Visiting the Yorkshire Dales, without discrimination as to race, gender, age or creed. It has, as a priority, the encouragement of independence for the disabled person. Structurei governance & management The Trust is a registered charity. number 701574, and 15 constituted under a trust deed dated 2 May 1989, amended on 8 January 2008. The Trustees retain responsibility for the overall decision making of the Project and meet a minimum of four time5 each year for this purpose. Working closely with the 'Friends of Beamslef. a group of committed fundraisers who consistently support the Trust year on year, a budgeted plan is out lined. and responsibilities allocated as appropriate. This hard work has given invaluable assistance to numerou5 schemes in the past, and we are grateful that it continues. We continue to be well managed by our Warden, Administrator, and the rest of the team. This is shown within the many Compliments we receive through customer feedback. It is with sadness and gratFtude that we report the retirement of our Chair/Secretary Rev. Rex Owen. As one of the original Trustees from the time the Projert was just a dream. Rex has been a dedicated driving force always giving sound and pertinent advice. He will be sorely missed. and we offer him and his wife Margaret our heartfelt thanks and very best wishes. The Trustees have elected existing Trustees Mrs J Phypers as Chair and Mr G Jolly as Secretary with effect from l April 2022. Connected Charities & related parties There is a strong connection with the Methodist churches in the area. The buildir)g used by the Project is on a 30-year lease from the Trustees for Methodist Church Purposes. Much practical help and SUPPOrt is given by many Methodists in our region. Achieving Objectives Notwithstanding the difficulties caused, particularly to the hospitality industry, by Covid restrictions we are pleosed to report we remain in a good position with early bookings for 2022123 looking very positive. This is due in no small part to the hard work and innovation of our Administrator who constantly seeks new ways of advertising our wonderful facilities. Work continues on modernising the cottage and a plan to revamp the Langbar Hall is in its early stages. As a consequence of one customerf5 suggestion, we are to test ceiling rails for hoists in the cottage. Subject to practicality and costs this may lead to rails being extended into the main building.
THE BEAMSLEY PROJEcr CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 Financial Review Accommodation receipts showed a marked increase over the previous twelve months a5 a consequence of much improved marketin8 plus the freedoms available post Covid 19. We also continue with our policy of offering our accommodation at the lowest Possible cost and this has also been achieved whilst maintaining a satisfactory capital position. Reserves Pollcy Our reserve5 policy remains at £35.1JXJ which is considered as sufficient in the event of.._ Unforeseen interruption of up to 6 months of accommodation for our visitor5. bl The renewal of expensive and essential equipment should other funding not be available. Investment Policy All funds are in an instant access account until such time as rates for fixed term investments improve. This has the added short-term advantage of ensurin8 funds are available on the very rare occasions when invoices for major work are due prior to agreed funding. Risk Management The Trvstees and Management Team regularly assess and review the risks faced by the Project and believe that systems are in place to mitigate them. All equipment is maintained/serviced in accordance with statutory provisions. Insurance levels afe reviewed annually and acted upon a5 necessary. Plans for the luture Further cottage modernisations are planned along with new staff toilets and a new look hall. There is a constant need to seek new markets. and this will remain a focus. Reference and administrative information Patron". The Duke of Oevonshire C.B.E. Chair & Hon. Secretary.. Rev R Owen Iretired 31 March 20221 Chair.. Mrs J Phypers (from l April 20221 Hon. Secretary." Mr G Jolly Ifrom l April 20221 Hon. Treasurer-. Mr D Charlton Warden.. Mrs M Tomlinson Trustees.. Rev R Owen, Mr D Charlton. Mr G Jolly. Mrs J Phypers, Mr M Perry. Mrs L Duttine, Mrs J Olby, Mr J Tomlinson Addre55'. Harrogate Road, Beamsley, Skipton. North Yorkshire. BD23 6JA Charity Number.. 701574 Accountant5'. Keith 8ridgford & Co. The Rainhall Centre, Rainhall Rd, Barnoldswick, 8B18 50R Bankers.. HSBC, I Wells Road. Ilkley. LS29 8HG.. Skipton BS, 20 The Grove. Ilkley. LS29 9EG
THE BEAMSLEY PROJEcr CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 20Z2 cont. Trustees. responsibilitie5 in relation to the accounts The charity trustees are responsible for preparing a trustees. annual report and accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the charity trustees to prepare accounts for each year which give a true and fair view of the State of affairs of the charity and of the incoming resources and application of resources. of the charity for that period. In preparing the accounts the trustees are required to= select suitable accounting policies and then apply them con515tently; observe the methods and principles in the applicable Charities SORP: make judgements and estirnates that are reasonable and prydent; state whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the accounts,. prepare the account5 on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose the reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the accounts comply with the Charities Act 2011. the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website in accordance with legislation in the United Kingdom governing the preparation and dissemination of accounts. Approved by the trustees on . 2022 Signed on their behalf by.. Mr G Jolly
THE BEAMSLEY PROJECT CHARITABLE TRUST STATEMENT OF FINANCIAL AcfiviTIES forthe yearended 31 March 202Z Unrestricted Restricted Funds Funds Total Funds 2022 Total Funds 2021 Note Income Donations & gifts Investment income Friends of Beamsley Income from accommodation Government Support via local authority Coronavirus job retention scheme 86,456 15 397 45,312 10.667 86,456 15 397 45.312 10,667 3.524 27,636 151 5.737 20,636 16,914 3,524 Total income 142 847 146 371 Expenditure Charitable activities: Operation of accommodation 110,124 3,524 113.648 97,214 Total expenditure 110 124 113 648 Net incomellexpenditurel Total funds brought forward 32,723 427.810 32.723 427.810 126,1401 453,950 Total funds carried forward 460 533 460 533 427 810
THE BEAMSLEY PROJEcf CHARITABLE TRUST BALANCE SHEET as at 31 March 2022 2022 2021 Note Flxed assets Tangible assets 362.389 388,197 Current assets Debtors Cash at bank & in hand 15.449 3,667 85.053 10,486 Creditors: Amount5 falling due within one year 7 Net current assets 63.144 4,613 Total assets less current liabilities 425,533 392,810 Contingency Reserve 35,000 35,000 Total assets less liabilities Represented by: FLSnds 427 810 427 810 The above accounts were approved at a meeting of the Committee on . Trustee Mr G Jolly Secretary Rev R Owen
THE BEAMSLEY PROJECT CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2022 Accounting Policies 1.1 Basis of preparation and assessment of going concern The accounts IfinancÈal statements) have been prepared under the historical cost convention with items recognised at cost or transaction value otherwise stated in the relevant notelsl to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice= Accounting & Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011. The trust constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no material uncertainties about the Trust's ability to continue as a going concern. 1.2 Reconciliation with previou5 Generally Accepted Accounting Practice In preparing the accounts. the trustees have considered whether in applying the accounting policies requires by FRS 102 and the Charities SORP FRS 102 a restatement of comparative items was needed. No restatements were required. 1.3 Funds Structure Restricted funds are funds which are to be used in accordance with specific restrictions imposed bv the donor or the trust deed. Unrestricted income funds comprise those funds which the trustees are free to Use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees. at their discretion. have created a fund for a specific purpose. Further details of each fund are disclosed in note 9. 1.4 Income recognition All income is fecognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Donations. are recognised when the Trust has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds. the income is deferred and not recognised uniil either ihose conditlons are fully met, or the fuifilmeni of those conditions 15 wholly wiihin in control of the charity and it Is probable that those conditions will be fulfilled in the reporting period. Legacy gifts are recognised when received. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity,. this is normally upon notification of the Inte5t paid or payable by the bank. 1.5 Expenditure recognition Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committ*ng the charity to the expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is 3tcour)ted for on an accrual basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. Charitable exper5diture comprises those costs incurred in running and mairitaining the accommodation centre. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity. 1.6 Irrecoverable VAT Irrecoverablè VAT is charged against the expenditure heading for which it was incurred.
THE BEAMSLEY PROJEcf CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2022 Icont.) Accounting Policies cont. 1.7 Tangible fixed assets & dePCl3t10n Fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows.. Land and buildings slraight line over SO years Fixtures, fitting5 & equipment- 25% reducing balance Cornputer equipment 33.33% siraight line Heatin8 System IO% straight line Analysis of expenditure on Charitable artivities Accommodation Centre 2022 2021 Staff costs Rent, rates, water, power, insurance Repairs. maintenance, cleaning Admin expenses Depreciation Governance costs 33,365 30,791 19.098 4,058 25,808 528 33,197 23,481 11.168 2,942 25,922 504 Analysis of govemance costs 2022 2021 Independent examiners fee Accountancy seryices 200 328 528 190 314 504 Analysis of staff costs 2022 2021 Salaries & wa8es The trustees gwe freeOf theirttrne and e¥pertise wrLhoutany form of mUneration. benefit In kind or expense payments. Tangible fixed assets Land & buildin freehold Heatin stem Fixtures ritti ui Com uter Total Cost As at l April 2021 & 31 March 2022 110 234 102 680 899 938 112 Depreciation As at l April 2021 Charge for the year As at 31 March 2022 358,422 89,024 101.837 211 632 89 721 549,915 372 907 575 723 Net book values As at 31 March 2022 351392 632 178 362 389 As at 31 March 2021 365 877 267 388 197
THE BEAMSLEY PROJEcfcHARITABL£ TRUST NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2022 {cont.I 2022 2021 Debtors Other debtor5 Prepayments & accrued income 13,585 1,285 Creditors: amounts falling due within one year 2022 2021 Payments received on account Accruals & deferred income 21.249 660 3.340 Contingency reserve Contingency Reserve Total Cash held in reserve Contingency reserve comprise5 a cash reserve of £35,(MX) in accordance with the Trustees Report. This reserve is considered to be necessary in the event of unforeseen circumstances resulting in the interruption of the provision of accommodation for a period of up to six fflonths. or the replacement of expensive and essential equipment if funding was not available from elsewhere. Movement of funds for the year ended 31 March 2022 Balances brou forward Recei Pa ments Transfers between funds Balances carried forward Restricted Unrestricted.. Capital fund5 3,524 13,5241 387.087 124,6981 362.389 Gener31 funds 40,723 142.847 1110.1241 24,698 98,144 Totals 427 810 146 371 113 6481 10. Capital Commitments There were no capital commitments at 31 Marth 2022.
io THE BEAMSLEY PROJE CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF THE BEAMSLEY PROJEcr CHARITABLE TRUST I report on the accounts of the charity for the y/e 31 March 2022 which are set out on pages 5-9. Respertive responsibilities of the trustees and exarniner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees tonsider that an audit is not required for this year under section 144121 of the Charities Act 2011 Ithe 2011 Act) and that an independent examination is needed. It is my responsibility to- examine the accounts under section 145 of the 2011 Act: to follow the procedures laid down in the General Directions Biven by the Charity Commission under section 14515llbl of the 2011 Act: and to state whether particular matters have come to my attention Basis of independent examinerfs 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. It also includes consideration of any unusual items or disclosure5 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 audit, 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 examinerfs statement In connection with of my examination. no matter has come to my attention- 11 which gives me reasonable cause to believe that. in any material respect, the requirements.. to keep proper accounting record5 in accordance with settion 130 of the 2011 Act,. and to prepare accounts which agree with the accounting records and comply with the accounting requirements of the 2011 Act have not been met, or 21 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the account5 to be reached. Julie Bridgford FCA Keith Bridgford & Co The Rainhall Centre Rainhall Road 83rnoldswick BB18 5DR Date
THE BEAMSLEY PROJECT CHARITABLE TRUST INCOME & EXPENDITURE ACCOUNTfor the year ended 31 March 2022 2022 2021 Income Donations Interest received Friends of Beamsley Overnight re5ider)ce Government 5UPPOrt via local authority CJRS Brants 86,456 15 397 45,312 10,667 27,636 151 5.737 20,636 146.371 71.074 Administrative expenses Wages & salaries Rent payable Waterlsewage etc Insurance Light & heat Laundry & cleaning Repairs & maintenance Garden maintenance & redevelopment Printing, postage & stationery Advertising & promotion Telephone/lnternet charges TV Licence Accountancy Professional charges Bank charge5 General expenses Depreciation on freehold property Depreciation on fixtures, fitting & equipment Depreciation on heating system 33.365 7.600 1.024 6,183 15.984 2.153 15.414 1.531 912 986 997 159 528 132 23 33.197 712 5,592 10,177 2.853 5,705 2,610 26 855 157 504 126 778 14,485 414 14,485 300 113.648 97,214 IDeficit)/surplus for the year 126 1401