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2020-08-31-accounts
|
Page |
| ReportoftheTrustees |
1to2 |
| IndependentExaminer'sReport |
3 |
| StatementofFinancialActivities |
4 |
| BalanceSheet |
5 |
| NotestotheFinancialStatements |
6to13 |
StatementofFinancialActivities
fortheyearended31stAugust2020 |
|
|
|
|
|
2020 |
2019 |
|
|
Unrestricted |
Total |
|
|
fund |
funds |
|
Notes |
£ |
|
| INCOMEANDENDOWMENTSFROM |
|
|
|
| Donationsandlegacies |
|
19,125 |
6,783 |
| Charitableactivities |
|
|
|
| Recreationalground |
|
4,319 |
7,880 |
| Investmentincome |
2 |
114,178 |
124,427 |
| Total |
|
137,622 |
139,090 |
| EXPENDITUREON |
|
|
|
| Raisingfunds |
|
16,916 |
17,124 |
| Charitableactivities |
|
|
|
| Supporttolocalgroupsandindividuals |
|
34,700 |
72,148 |
| Recreationalground |
|
15,119 |
13,774 |
| Other |
3 |
52,304 |
49,508 |
| Total |
|
119,039 |
152,554 |
| Netgains/(losses)oninvestments |
|
(380,264) |
2,682 |
| NETINCOME/(EXPENDITURE) |
|
(361,681) |
(10,782) |
| RECONCILIATIONOFFUNDS |
|
|
|
| Totalfundsbroughtforward |
|
4,165,125 |
4,175,907 |
| TOTALFUNDSCARRIEDFORWARD |
|
3,803,444 |
4,165,125 |
BalanceSheet
31stAugust2020 |
|
|
|
|
|
2020 |
2019 |
|
|
Unrestricted |
Total |
|
|
fund |
funds |
|
Notes |
|
|
| FIXEDASSETS |
|
|
|
| Tangibleassets |
6 |
366,063 |
372,533 |
| Investments |
7 |
3,175,106 |
3,561,546 |
|
|
3,541,169 |
3,934,079 |
| CURRENTASSETS |
|
|
|
| Stocks |
8 |
50 |
50 |
| Debtors |
9 |
900 |
880 |
| Cashatbankandinhand |
|
285,305 |
246,984 |
|
|
286,255 |
247,914 |
| CREDITORS |
|
|
|
| Amountsfallingduewithinoneyear |
10 |
(23,980) |
(16,868) |
| NETCURRENTASSETS |
|
262,275 |
231,046 |
| TOTALASSETSLESSCURRENTLIABILITIES |
|
3,803,444 |
4,165,125 |
| NETASSETS |
|
3,803,444 |
4,165,125 |
| FUNDS |
|
|
|
| Unrestrictedfunds |
|
3,803,444 |
4,165,125 |
| TOTALFUNDS |
|
3,803,444 |
4,165,125 |
| INVESTMENTINCOME |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Dividendsreceived |
112,952 |
123,295 |
| Depositaccountinterest |
1,226 |
1,132 |
|
114,178 |
124,427 |
| OTHER |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Insurance |
5,382 |
5,267 |
| Lightandheat |
1,786 |
2,041 |
| Ratesandwater |
814 |
1,895 |
| Telephone |
15 |
195 |
| Printing,stationeryandadvertising |
75 |
47 |
| Accountancy |
3,378 |
3,390 |
| Sundries |
- |
259 |
| Administrationfees |
40,854 |
36,414 |
|
52,304 |
49,508 |
| INDEPENDENTEXAMINATIONFEES |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Accountancy |
2,263 |
2,270 |
| Examination |
1,115 |
1,120 |
|
3,378 |
3,390 |
| TANGIBLEFIXEDASSETS |
|
|
|
|
|
|
|
Fixtures |
|
|
Landand |
Bowling |
and |
|
|
buildings |
Green |
fittings |
Totals |
|
|
£ |
£ |
|
| COST |
|
|
|
|
| At1stSeptember2019and |
|
|
|
|
| 31stAugust2020 |
444,995 |
76,872 |
34,019 |
555,886 |
| DEPRECIATION |
|
|
|
|
| At1stSeptember2019 |
102,834 |
57,335 |
23,184 |
183,353 |
| Chargeforyear |
4,410 |
976 |
1,084 |
6,470 |
| At31stAugust2020 |
107,244 |
58,311 |
24,268 |
189,823 |
| NETBOOKVALUE |
|
|
|
|
| At31stAugust2020 |
337,751 |
18,561 |
9,751 |
366,063 |
| At31stAugust2019 |
342,161 |
19,537 |
10,835 |
372,533 |
| FIXEDASSETINVESTMENTS |
|
|
|
2020 |
2019 |
|
|
£ |
| Marketvalueat1September2019 |
3,561,546 |
3,606,341 |
| Additions |
247,611 |
132,800 |
| Disposals |
(271,914) |
(252,726) |
| Lossinvaluefortheyear |
(362,137) |
75,131 |
| Marketvalueat31August2020 |
3,175,106 |
3,561,546 |
| Historicalcostat31August2020 |
2,828,050 |
2,850,224 |
| Analysisofinvestments |
|
|
| UKEquities |
3,011,427 |
3,255,575 |
| UKGovernmentStock |
163,679 |
305,971 |
|
3,175,106 |
3,561,546 |
| Individualinvestmentsexceeding5%oftheportfoliowere |
asfollows: |
|
|
2020 |
2019 |
|
£ |
£ |
| Legal&GeneralUSIndexTrust |
197,858 |
178,375 |
| PersonalAssetsTrust |
167,795 |
158,545 |
| 2.0%ILTreasuryStock2035 |
163,679 |
166,774 |
| RITCapitalPartners |
199,071 |
232,140 |
|
Netgainoninvestments |
2020 |
2019 |
|
|
£ |
£ |
|
Saleproceeds |
253,786 |
180,278 |
|
Lastvaluationofinvestmentssold |
(269,784) |
(252,726) |
|
Profitonsaleofinvestments |
(15,998) |
(72,448) |
|
Increase/(Decrease)invalueofportfoliointheyear |
(362,137) |
75,130 |
|
Net(loss)/gainoninvestments |
(378,135) |
2,682 |
| 8. |
STOCKS |
|
|
|
|
2020 |
2019 |
|
|
£ |
£ |
|
Stocks |
50 |
50 |
| 9. |
DEBTORS:AMOUNTSFALLINGDUEWITHINONEYEAR |
|
|
|
|
2020 |
2019 |
|
|
£ |
£ |
|
Prepayments |
900 |
880 |
| 10. |
CREDITORS:AMOUNTSFALLINGDUEWITHINONEYEAR |
|
|
|
|
2020 |
2019 |
|
|
£ |
£ |
|
Othercreditors |
16,797 |
9,685 |
|
Loan |
7,183 |
7,183 |
|
|
23,980 |
16,868 |
| INCOMEANDEXPENDITUREOFTHEMAN |
AGEMENTCOMMIT |
TEE |
|
|
|
|
2020 |
|
|
2019 |
|
|
£ |
£ |
|
£ |
£ |
| Income |
|
|
|
|
|
| Bowlingfees-indoor |
1,411 |
|
|
2,370 |
|
| -outdoor |
391 |
|
|
1,485 |
|
| Matchfees |
119 |
|
|
253 |
|
| Leagueandcompetitionfees |
581 |
|
|
817 |
|
| Rafflesandtombola |
119 |
|
|
254 |
|
| Whistlestop |
261 |
|
|
88 |
|
| Refreshments |
824 |
|
|
1,251 |
|
| Badgesandsportswear |
39 |
|
|
117 |
|
| Hireofhall |
992 |
|
|
1,704 |
|
| Bookstall |
21 |
|
|
- |
|
| Donations |
8,037 |
|
|
6,024 |
|
| Bankinterestreceived |
16 |
|
|
12 |
|
| LadiesLuncheon |
648 |
|
|
300 |
|
|
|
|
13,459 |
|
14,674 |
| Expenditure |
|
|
|
|
|
| Leagueandcompetitionfees |
917 |
|
|
839 |
|
| Greenupkeep |
1,892 |
|
|
831 |
|
| Refreshments |
61 |
|
|
103 |
|
| Dinner(net) |
(32) |
|
|
3 |
|
| Trophiesandengraving |
936 |
|
|
633 |
|
| Insurance |
5,382 |
|
|
5,267 |
|
| Lightandheat |
1,786 |
|
|
2,041 |
|
| Ratesandwater |
814 |
|
|
1,895 |
|
| Telephone |
15 |
|
|
195 |
|
| Printing,stationeryandadvertising |
75 |
|
|
47 |
|
| Repairsandrenewals |
1,892 |
|
|
1,378 |
|
| Accountancy |
510 |
|
|
672 |
|
| Sundries |
|
|
|
259 |
|
| Depreciationoffixtureandfittings |
510 |
|
|
566 |
|
|
|
|
14,758 |
|
14,729 |
| Excess/(deficit)ofexpenditureoverincome |
|
|
(1,299) |
|
(55) |
| BILLSPAIDDIRECTLYBYTHEGENERAL |
COMMITTEE |
|
|
|
|
|
|
|
|
2020 |
2019 |
|
|
|
|
£ |
£ |
| Rates |
|
|
|
269 |
264 |
| Commercialwaste |
|
|
|
101 |
98 |
| Insurance |
|
|
|
5,382 |
5,267 |
| Repairs |
|
|
|
285 |
395 |
|
|
|
|
6,037 |
6,024 |
| DonationstotheBowlsClub |
|
|
|
2,000 |
|
|
|
|
|
8,037 |
6,024 |
|
2020 |
|
2019 |
|
|
£ |
£ |
£ |
|
| Income |
|
|
|
|
| Bankinterest |
1,210 |
|
1,120 |
|
| Investmentincome |
112,952 |
|
123,295 |
|
| EastRidingRetail,HospitalityandLeisureGrant |
10,000 |
|
|
|
| Profit/(Loss)on saleofinvestments |
(15,998) |
|
(72,448) |
|
|
|
108,164 |
|
51,967 |
| Administrationfees |
40,854 |
|
36,414 |
|
| JMFinnfees |
16,916 |
|
17,124 |
|
| Donations |
20,480 |
|
54,148 |
|
| Accountancy |
2,868 |
|
2,718 |
|
| Bursary |
14,220 |
|
18,000 |
|
| Depreciationofaerator |
27 |
|
30 |
|
| Depreciationofheaters |
315 |
|
349 |
|
| Depreciationofmillenniumlecturn |
123 |
|
137 |
|
| Depreciationofcommunityhallfixtures |
110 |
|
136 |
|
| Depreciationofbowlinggreen |
977 |
|
1,028 |
|
| Depreciationofpavilion |
1,561 |
|
1,593 |
|
| Depreciationofcommunityhall |
2,849 |
|
2,908 |
|
| Repairsandrenewals |
2,980 |
|
3,240 |
|
|
|
104,280 |
|
137,825 |
| Excessofincomeoverexpenditure |
|
3,884 |
|
(85,858) |
| INVESTMENTS |
|
|
|
|
|
|
Market |
|
Number |
Cost |
Value |
| Ordinarysharesandunittrusts |
|
£ |
£ |
| AffianceTrust |
18,000 |
137,081 |
147,780 |
| AsiaDragonTrust |
24,650 |
18,796 |
102,544 |
| BankersInvestmentTrust |
10,000 |
94,924 |
102,600 |
| Barclays |
19,250 |
47,068 |
21,552 |
| BritishAmericanTabacco |
2,13Q |
60,285 |
53,942 |
| BHPBilliton |
1,000 |
19,272 |
17,128 |
| BP |
11,000 |
65,134 |
29,062 |
| Carillion |
15,000 |
49,622 |
- |
| CapitalGearingTrust |
2,000 |
81,778 |
89,400 |
| Centrica |
34,100 |
95,775 |
15,700 |
| CityofLondonInvestmentTrust |
24,000 |
99,008 |
77,400 |
| CompassGroup |
4,072 |
22,682 |
49,699 |
| Diageo |
4,500 |
80,623 |
112,928 |
| EcclestiasticalInsuranceprefs |
65,000 |
87,215 |
100,100 |
| EdinburghInvestmentTrust |
16,150 |
99,606 |
74,855 |
| FinsburyGrowth&IncomeTrust |
15,500 |
94,805 |
128,960 |
| GeneralAccidentprefs |
35,000 |
51,546 |
50,225 |
| GlaxoSmithKline |
4,700 |
67,570 |
69,184 |
| HICLInfrastructure |
67,900 |
118,013 |
113,800 |
| HSBC |
11,000 |
65,148 |
36,317 |
| ImperialBrands |
2,150 |
46.309 |
26,940 |
| L&GUSIndex |
36,900 |
65,960 |
197,858 |
| LloydsBankingGroup9.25%prefs |
60,000 |
85,144 |
83,640 |
| NationalGrid |
7,828 |
74,483 |
66,006 |
| PersonalAssetsTrust |
370 |
128,664 |
167,795 |
| ReckittBenckiser |
1,890 |
75,212 |
141,939 |
| RELX |
4,750 |
24,018 |
80,869 |
| RioTinto |
1,120 |
15,768 |
51,912 |
| RITCapitalPartners |
10,950 |
182,750 |
199,071 |
| RoyalDutchShell |
7,484 |
115,130 |
79,555 |
| SSE |
4,900 |
74,852 |
61,691 |
| StewartAsiaPacific |
4,050 |
16,525 |
33,425 |
| StewartGlobalEmergingMarkets |
21,000 |
76,405 |
97,827 |
| TroyIncome&GrowthTrust |
120,000 |
99,989 |
85,080 |
| Unilever |
3,100 |
53,655 |
138,260 |
| WitanInvestmentTrust |
56,950 |
117,839 |
106,383 |
| Governmentstock |
|
|
|
| 2.0%ILTreasuryStock2035 |
54,000 |
119,394 |
163,679 |
|
|
2,828,048 |
3,175,106 |
| CASHATBANK |
|
|
|
2020 |
2019 |
|
£ |
£ |
| HSBC-Enterpriseaccount |
1,053 |
1,051 |
| HSBC-Depositaccount |
7,200 |
7,056 |
| HSBC-Treasureraccount |
599 |
2,506 |
| RoyalBankofScotland-Premiumaccount |
74,164 |
28,146 |
| StampJackson&ProctorLimited-Clientaccount |
174,008 |
171,173 |
| JMFinn-depositaccount |
28,118 |
36,865 |
| Cashinhand |
163 |
187 |
|
285,304 |
246,984 |