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REGISTERED COMPANY NUMBER: 07989224 (England and Wales)
REGISTERED CHARITY NUMBER: 1149402














REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2024

FOR

OSGOLDCROSS FORUM LIMITED

OSGOLDCROSS FORUM LIMITED






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2024




Page

Reference and Administrative Details 1

Report of the Trustees 2

Independent Examiner's Report 3

Statement of Financial Activities 4

Balance Sheet 5

Notes to the Financial Statements 6 to 11

OSGOLDCROSS FORUM LIMITED

REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 30 MARCH 2024



TRUSTEES E Beechey
D Nicklin


REGISTERED OFFICE Osgoldcross House
Ferrybridge Business Park
Fishergate
Ferrybridge
West Yorkshire
WF11 8JR


REGISTERED COMPANY NUMBER 07989224 (England and Wales)


REGISTERED CHARITY NUMBER 1149402


INDEPENDENT EXAMINER Wyatt Morris Golland Ltd
Park House
200 Drake Street
Rochdale
Lancashire
OL16 1PJ

OSGOLDCROSS FORUM LIMITED (REGISTERED NUMBER: 07989224)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 MARCH 2024


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 March 2024. 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 2019).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity's principal objective as set out in its constitution is to work to improve the quality of life for all the community of Osgoldcross and the surrounding areas of Yorkshire

Significant activities
Our current project funding to extend youth and community activities is still running, the Company continues to operate and run youth provisions at various locations throughout southern North Yorkshire, Ferrybridge and into central Knottingley, West Yorkshire. We also offer detached youth work in these locations. We have been able to operate our full program in 2023/24 and are now seeing an increase in footfall at our provisions since the disruption from the pandemic. The Community Transport arm has now ceased operations. The luncheon club remains inactive, discussions have started to look at bringing this back in early 2025 along with regular afternoon teas to be led by young people

Public benefit
In planning their objectives and activities for the year the trustees have considered the Charity Commission guidance on public benefit, including the guidance on public benefit and fee charging. The society relies on grants and the income from charges to cover its operating costs. In setting the level of charges the society gives careful consideration to the accessibility of the service for those on low income.

FINANCIAL REVIEW
Financial position
The charity had a deficit for the year on unrestricted funds of £430 which has been deducted from the reserves brought forward. The restricted reserves are £79,189 and unrestricted free reserves of the charity are £3,375.

Investment policy and objectives
The trustees have considered the most appropriate policy for investing funds and consider that a bank deposit account, serve the needs of the charity.

Reserves policy
It is the intention of the trustees to achieve a balance of free reserves equivalent to 3-6 months costs.

Going concern
There are no material uncertainties about the charity's ability to continue as a going concern.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is a company limited by guarantee and has no share capital, its governing document being its articles of association. It was registered as a charity on 22 October 2012.The Company's directors act as trustees for the charitable activities undertaken by the company. The sole purpose of the Company is to undertake charitable activities in accordance with its Articles of Association.The titles of Directors and Trustees are therefore interchangeable.

Organisational structure
The charity operations are conducted by the trustees and where necessary delegated to the Finance, Administration and Operations Manager.

Key management remuneration
Key management remuneration amounted to £43,794.

Approved by order of the board of trustees on 29 January 2025 and signed on its behalf by:





D Nicklin - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
OSGOLDCROSS FORUM LIMITED

Independent examiner's report to the trustees of Osgoldcross Forum Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 March 2024.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.








Patricia Richards FCA, DChA

Wyatt Morris Golland Ltd
Park House
200 Drake Street
Rochdale
Lancashire
OL16 1PJ

29 January 2025

OSGOLDCROSS FORUM LIMITED

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 MARCH 2024

2024 2023
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 172 115,911 116,083 120,007

Other trading activities 2 2,640 3,677 6,317 7,942
Investment income 3 503 - 503 174
Total 3,315 119,588 122,903 128,123

EXPENDITURE ON
Raising funds 2,746 - 2,746 4,159

Charitable activities
Charitable activities 999 92,028 93,027 113,165
Total 3,745 92,028 95,773 117,324

NET INCOME/(EXPENDITURE) (430 ) 27,560 27,130 10,799


RECONCILIATION OF FUNDS
Total funds brought forward 4,877 51,629 56,506 45,707

TOTAL FUNDS CARRIED FORWARD 4,447 79,189 83,636 56,506

OSGOLDCROSS FORUM LIMITED (REGISTERED NUMBER: 07989224)

BALANCE SHEET
30 MARCH 2024

2024 2023
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 8 1,072 - 1,072 2,330

CURRENT ASSETS
Debtors 9 4,451 - 4,451 1,501
Cash at bank and in hand 5,448 79,189 84,637 59,967
9,899 79,189 89,088 61,468

CREDITORS
Amounts falling due within one year 10 (6,524 ) - (6,524 ) (7,292 )

NET CURRENT ASSETS 3,375 79,189 82,564 54,176

TOTAL ASSETS LESS CURRENT LIABILITIES 4,447 79,189 83,636 56,506

NET ASSETS 4,447 79,189 83,636 56,506
FUNDS 11
Unrestricted funds 4,447 4,877
Restricted funds 79,189 51,629
TOTAL FUNDS 83,636 56,506

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 29 January 2025 and were signed on its behalf by:





D Nicklin - Trustee

OSGOLDCROSS FORUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, 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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.

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.


Plant and machinery - at varying rates on cost
Motor vehicles - 25% on reducing balance

Taxation
The charity is exempt from corporation 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.

2. OTHER TRADING ACTIVITIES
2024 2023
£    £   
Tuck shop income 2,640 3,555
Employment allowance 3,677 4,387
6,317 7,942

3. INVESTMENT INCOME
2024 2023
£    £   
Deposit account interest 503 174


OSGOLDCROSS FORUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2024

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2024 2023
£    £   
Depreciation - owned assets 358 776
Deficit on disposal of fixed assets 900 -

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 March 2024 nor for the year ended 30 March 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 30 March 2024 nor for the year ended 30 March 2023.


6. STAFF COSTS

The average monthly number of employees during the year was as follows:

2024 2023
Full time 2 2
Part time 3 2
5 4

No employees received emoluments in excess of £60,000.

2024 2023
£ £
Wages 59,634 66,220
Social security 3,677 4,387
Pension 2,036 2,325
Freelance workers 610 1,781
65,957 74,713

The social security was covered by the employment allowance

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies - 120,007 120,007

Other trading activities 7,942 - 7,942
Investment income 174 - 174
Total 8,116 120,007 128,123

EXPENDITURE ON
Raising funds 4,159 - 4,159

Charitable activities
Charitable activities 6,324 106,841 113,165

OSGOLDCROSS FORUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2024

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
funds funds funds
£    £    £   
Total 10,483 106,841 117,324

NET INCOME/(EXPENDITURE) (2,367 ) 13,166 10,799


RECONCILIATION OF FUNDS
Total funds brought forward 7,244 38,463 45,707

TOTAL FUNDS CARRIED FORWARD 4,877 51,629 56,506

8. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 31 March 2023 35,805 17,029 52,834
Disposals - (8,995 ) (8,995 )
At 30 March 2024 35,805 8,034 43,839
DEPRECIATION
At 31 March 2023 35,805 14,699 50,504
Charge for year - 358 358
Eliminated on disposal - (8,095 ) (8,095 )
At 30 March 2024 35,805 6,962 42,767
NET BOOK VALUE
At 30 March 2024 - 1,072 1,072
At 30 March 2023 - 2,330 2,330

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 2,926 -
Prepayments 1,525 1,501
4,451 1,501


OSGOLDCROSS FORUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2024

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,331 -
Other creditors 136 892
Accrued expenses 5,057 6,400
6,524 7,292

11. MOVEMENT IN FUNDS
Net Transfers
At movement between At
31.3.23 in funds funds 30.3.24
£    £    £    £   
Unrestricted funds
General fund 4,877 221 (651 ) 4,447
Tuck Shop - (651 ) 651 -
4,877 (430 ) - 4,447
Restricted funds
WYCA Capital 900 (900 ) - -
Youth on the Move 50,729 (42,411 ) - 8,318
Enfinium - 1,484 - 1,484
Youth on the move 2023-2025 - 69,387 - 69,387
51,629 27,560 - 79,189
TOTAL FUNDS 56,506 27,130 - 83,636

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 675 (454 ) 221
Tuck Shop 2,640 (3,291 ) (651 )
3,315 (3,745 ) (430 )
Restricted funds
WYCA Capital - (900 ) (900 )
Youth on the Move 3,677 (46,088 ) (42,411 )
Enfinium 1,500 (16 ) 1,484
Youth on the move 2023-2025 114,411 (45,024 ) 69,387
119,588 (92,028 ) 27,560
TOTAL FUNDS 122,903 (95,773 ) 27,130


OSGOLDCROSS FORUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2024

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net Transfers
At movement between At
31.3.22 in funds funds 30.3.23
£    £    £    £   
Unrestricted funds
General fund 7,244 (1,193 ) (1,174 ) 4,877
Tuck Shop - (1,174 ) 1,174 -
7,244 (2,367 ) - 4,877
Restricted funds
WYCA Capital 1,200 (300 ) - 900
Youth on the Move 37,263 13,466 - 50,729
38,463 13,166 - 51,629
TOTAL FUNDS 45,707 10,799 - 56,506

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 4,387 (5,580 ) (1,193 )
Tuck Shop 3,729 (4,903 ) (1,174 )
8,116 (10,483 ) (2,367 )
Restricted funds
WYCA Capital - (300 ) (300 )
Youth on the Move 120,007 (106,541 ) 13,466
120,007 (106,841 ) 13,166
TOTAL FUNDS 128,123 (117,324 ) 10,799

Warwick Wheels / Community Transport
In the past funds have been provided to run a low cost community transport service for the area. The project was run in partnership with Big Local, Metro-WYCA Community Transport Delegated Fund and North Yorkshire Council (NYCC). Funds have been provided to purchase and maintain vehicles, employ a transport co-ordinator and for project support costs which are deemed appropriate by the Big Local Partnership.The current balance remaining on the fund is represented by the vehicle purchased and is being reduced by the annual depreciation on the vehicle. Provision of this service remained on hold during the year.

Youth on the Move
3 year Continuation funding from the National Lottery, of Youth on the Move - A longer term project for young people to provide free open access youth provisions for young people 5 - 19 years old, 25 years old with additional needs. Working in small villages in North Yorkshire and West Yorkshire the outcomes are to promote active lifestyles, increase young people's happiness and contentment, combat social isolation and develop young people's social skills in a safe and secure environment.

Enfinium

Funding received to purchase new equipment for the youth club.







OSGOLDCROSS FORUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2024

11. MOVEMENT IN FUNDS - continued

Youth on the Move 2023-2025

2 year Continuation funding from The National Lottery Community fund for the Youth on the Move project. A long term project for young people to provide free open access youth provision for 5 - 19 year olds up to 25 with additional needs. Working in small villages in North and West Yorkshire, the outcomes are to promote active lifestyles, increase young peoples happiness and contentment, combat social isolation and develop young peoples social skills in a safe and secure environment.

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 March 2024.