THE WORKS SKATEPARK

Charity number: 1127873
Removed charity

Charity overview

Activities - how the charity spends its money

To provide or assist in the provision of facilities and instruction for healthy recreation or other leisure time occupation and in particular roller skating, skateboarding, BMX biking and related recreational activities with the object of improving their conditions of life and in the interests of social welfare.

Income and expenditure

Data for financial year ending 31 August 2017

Total income:
£551,184

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Donations and legacies £58.39k
Charitable activities £490.20k
Other trading activities £0
Investments £91
Other £2.51k

Total expenditure:
£559,374

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Raising funds £0
Charitable activities £559.37k
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £0
Charitable expenditure £559.37k

Fundraising

This charity does not raise funds from the public

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • Amateur Sport
Who the charity helps:
  • Children/young People
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Leeds City

Governance

Registration history:
  • 04 February 2009: Standard registration
  • 19 March 2019: Removed (Ceased to exist)
Organisation type:
Charitable company
Other names:

No other names

Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Financial history

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Financial period end date

Income / Expenditure 31/12/2013 31/12/2014 31/12/2015 31/12/2016 31/08/2017
Total gross income £498.82k £365.15k £638.96k £685.31k £551.18k
Total expenditure £331.47k £420.29k £599.70k £737.00k £559.37k
Income from government contracts N/A N/A £0 £0 £0
Income from government grants N/A N/A £0 £0 £0
Income - Donations and legacies N/A N/A £87.49k £0 £58.39k
Income - Other trading activities N/A N/A £2.10k £0 £0
Income - Charitable activities N/A N/A £549.20k £685.31k £490.20k
Income - Endowments N/A N/A £0 £0 £0
Income - Investment N/A N/A £165 £0 £91
Income - Other N/A N/A £0 £0 £2.51k
Income - Legacies N/A N/A £0 £0 £0
Expenditure - Charitable activities N/A N/A £593.86k £737.00k £559.37k
Expenditure - Raising funds N/A N/A N/A £0 £0
Expenditure - Governance N/A N/A £4.47k £0 £0
Expenditure - Grants institution N/A N/A £0 £0 £0
Expenditure - Investment management N/A N/A £0 £0 £0
Expenditure - Other N/A N/A £1.37k £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2013 31/12/2014 31/12/2015 31/12/2016 31/08/2017
Own use assets N/A N/A £378.71k £348.23k £366.44k
Long-term investments N/A N/A £138 £138 £138
Other assets N/A N/A £260.68k £187.04k £173.45k
Defined benefit pension scheme asset or liability N/A N/A £0 £0 £0
Total liabilities N/A N/A £192.79k £140.34k £153.17k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 August 2018 Not submitted
Accounts and TAR 31 August 2018 Not submitted
Annual return 31 August 2017 31 May 2018 On Time
Accounts and TAR 31 August 2017 31 May 2018 On Time
Annual return 31 December 2016 05 October 2017 On Time
Accounts and TAR 31 December 2016

(These accounts
have been qualified)

05 October 2017 On Time
Annual return 31 December 2015 24 October 2016 On Time
Accounts and TAR 31 December 2015 29 September 2016 On Time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 26 JANUARY 2009 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 05 DEC 2016

Charitable objects

THE OBJECTS ARE FOR THE BENEFIT OF THE GENERAL PUBLIC AND IN PARTICULAR OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES, ACTIVITIES AND SERVICES BY REASON OF THEIR YOUTH, FINANCIAL HARDSHIP OR SOCIAL AND ECONOMIC CIRCUMSTANCES: • TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES FOR HEALTHY RECREATION OR OTHER LEISURE TIME OCCUPATION AND IN PARTICULAR ROLLER SKATING, SKATEBOARDING, BMX BIKING AND RELATED RECREATIONAL ACTIVITIES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE AND IN THE INTERESTS OF SOCIAL WELFARE; • TO PROVIDE AND ASSIST IN THE PROVISION OF INSTRUCTION AND TRAINING IN ROLLER SKATING, SKATEBOARDING, BMX BIKING AND RELATED RECREATIONAL AND EDUCATIONAL ACTIVITIES, INCLUDING AMATEUR FILM MAKING TO ADVANCE THEIR PHYSICAL, SOCIAL AND MENTAL EDUCATION AND DEVELOPMENT; • TO PROMOTE PARTICIPATION IN THE AMATEUR SPORTS OF ROLLER SKATING, SKATEBOARDING, BMX BIKING AND RELATED AMATEUR SPORTS; AND • TO ADVANCE EDUCATION IN SUCH OTHER WAYS AS THE TRUSTEES THINK FIT.

Area of benefit

The area the charity can operate in, as set out in its governing document.

WEST YORKSHIRE AND THE SURROUNDING AREA