The Harrogate and District Improvement Trust 11157539 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is to promote, within Harrogate and the surrounding area, the preservation, conservation and enhancement of the built and natural environment whilst improving leisure facilities within, and access to those buildings and the surrounding landscapes. Digita Accounts Production Advanced 6.30.9574.0 true 11157539 2023-02-01 2024-01-31 11157539 2024-01-31 11157539 bus:Director1 1 2024-01-31 11157539 bus:Director8 1 2024-01-31 11157539 core:CurrentFinancialInstruments 2024-01-31 11157539 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 11157539 bus:SmallEntities 2023-02-01 2024-01-31 11157539 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 11157539 bus:FilletedAccounts 2023-02-01 2024-01-31 11157539 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11157539 bus:RegisteredOffice 2023-02-01 2024-01-31 11157539 bus:Director1 2023-02-01 2024-01-31 11157539 bus:Director1 1 2023-02-01 2024-01-31 11157539 bus:Director2 2023-02-01 2024-01-31 11157539 bus:Director3 2023-02-01 2024-01-31 11157539 bus:Director4 2023-02-01 2024-01-31 11157539 bus:Director5 2023-02-01 2024-01-31 11157539 bus:Director6 2023-02-01 2024-01-31 11157539 bus:Director7 2023-02-01 2024-01-31 11157539 bus:Director8 2023-02-01 2024-01-31 11157539 bus:Director8 1 2023-02-01 2024-01-31 11157539 bus:CompanyLimitedByGuarantee 2023-02-01 2024-01-31 11157539 3 2023-02-01 2024-01-31 11157539 countries:EnglandWales 2023-02-01 2024-01-31 11157539 bus:Director1 1 2023-01-31 11157539 bus:Director8 1 2023-01-31 11157539 2022-02-01 2023-01-31 11157539 2023-01-31 11157539 bus:Director1 1 2023-01-31 11157539 bus:Director8 1 2023-01-31 11157539 core:CurrentFinancialInstruments 2023-01-31 11157539 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 11157539 bus:Director1 1 2022-02-01 2023-01-31 11157539 bus:Director8 1 2022-02-01 2023-01-31 11157539 bus:Director1 1 2022-01-31 11157539 bus:Director8 1 2022-01-31 iso4217:GBP xbrli:pure

Registration number: 11157539

The Harrogate and District Improvement Trust

(A company limited by guarantee)

Trustees Report and Unaudited Financial Statements

for the Year Ended 31 January 2024

 

The Harrogate and District Improvement Trust

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

The Harrogate and District Improvement Trust

Company Information

Directors

Catherine Elizabeth Wormald

Ms Lynne Mee

Ms Monique Gabrielle Louise Purdy

Mr John Charles Harris

Mr Simon Kent

Mr Nicholas Malcolm Brown

Mr Martin Miles Gerrard

Mr Russell Mark Davidson

Registered office

Royal House
110 Station Parade
Harrogate
North Yorkshire
HG1 1EP

 

The Harrogate and District Improvement Trust

(Registration number: 11157539)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

200

-

Cash at bank and in hand

 

815

841

 

1,015

841

Creditors: Amounts falling due within one year

5

(1,047)

(3,700)

Net liabilities

 

(32)

(2,859)

Reserves

 

Retained earnings

(32)

(2,859)

Deficit

 

(32)

(2,859)

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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 relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 31 October 2024 and signed on its behalf by:
 

.........................................
Mr Russell Mark Davidson
Director

 

The Harrogate and District Improvement Trust

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £Nil towards the assets of the company in the event of liquidation.

The address of its registered office is:
Royal House
110 Station Parade
Harrogate
North Yorkshire
HG1 1EP
Uk

These financial statements were authorised for issue by the Board on 31 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Adjusting events after the financial period

During the year to 31st January 2025 Catherine Wormald retired as treasurer, to be placed by Monique Purdy. Simon Kent also retired as a director. The Board thanks them both very much for their past service.

Sadly, Martin Gerrard passed away in June 2024 after a brief illness. He was a constant supporter for many years of a number of charitable endeavours and is much missed by the board and other members of the Harrogate community

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

The Harrogate and District Improvement Trust

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2023 - 8).

4

Debtors

Current

2024
£

2023
£

Prepayments

200

-

 

200

-

 

The Harrogate and District Improvement Trust

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

6

-

3,700

Accruals and deferred income

 

1,047

-

 

1,047

3,700

6

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Other borrowings

-

3,700

7

Related party transactions

Transactions with directors

2024

At 1 February 2023
£

Written off
£

At 31 January 2024
£

Mr Russell Mark Davidson

Interest free loan from a director to the company, presented within creditors; repayable on demand.

1,850

(1,850)

-

Catherine Elizabeth Wormald

Interest free loan from a director to the company, presented within creditors; repayable on demand.

1,850

(1,850)

-

2023

At 1 February 2022
£

At 31 January 2023
£

Mr Russell Mark Davidson

Interest free loan from a director to the company, presented within creditors; repayable on demand.

1,850

1,850

Catherine Elizabeth Wormald

Interest free loan from a director to the company, presented within creditors; repayable on demand.

1,850

1,850

 

The Harrogate and District Improvement Trust

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024