Tottenham Communlty Sports Centre Charfty No. 1022202 C¢xnpany No. 02818821 Trustees, Rep(xt and Unaudlted Accounts 31 March 2023
Tottenham Community Sports Centre Contents Pages 2to6 Trustees, Annual Report Independent Examlner's Report Statement of Financial Activities Summary Income and Expenditure Account Balance Sheet io Notes to the Accounts Ilto19 Detailed Statement of FlnancSal Activities 20to21 Page I
Tottenham Community Sports Centre Trustees Annual Report The trustees, who are also directors of the charity for the purposes of the Companies Act 2006. present thelr report with the unaudited financial statements of the charity for the year ended 31 March 2023. REFERENCE AND ADMINISTRATIVE DEfAILS Company No. 02818821 Charlty No. 1022202 Reglstered Office 701-703 Hl8h Road Tottenham London N178AD Dlrertors and Trustees The Directors of the charitable company are its Trustee5 for the purposes of charity law. The followlng Director5 and Trustees sep4ed during the year: C. Bennett D. Lewis M. Sprin8thorpe Company Sècrètary K. Lincoln Accountants Elite Accountants 717 Green Lane5 London N213RX Pa8e 2
Tottenham Comrnunity Sports Centre Trustees Annual Report 08JECTIVES AND ACTIVITIES The charlty's principle activity is to provide or asslst In providin& in the interests of social welfare, facilities for recreatlon, physical education or other leisure-time oc¢upation5 for the public at large and, in particular. the inhabitants of Tottenham. being frdcilitles.'- al of which those persons have need by reason of their youth, a8e. and infimity or disablement poverty or soclal and economic circumstances. and bl whith will improve the conditions of lrfe for such persons by promoting their physical. mental and spiritual well-being. Our premlses are leased from the local authortty on a 60 year FRI commercial lease dated 1st April 1992. A wholly owned subsidiary company. Tottenham Community Sport5 Centre 703 Club Limited, operates a social club and licensed bar. all profits being covenanted to this company. All surpluses 8enerated from all activities are appld to maintainin8 and improvin8 the quality and range of f?cilitie5 available. The Trustees confirm that due consideration has been glven to the Charity Commissions guldance on the public benefit requlrement and ensure that thls Is kept under constsnt supervision and revlew. Page 3
Tottenham Communlty Sports Centre Truste Annual Report ACHIEVEMEMfs AND PERFORMANCE 202212023 finally saw u5 completely emerge from COVIO 19. back to our pre-pandemic levels of use and sport participation. Most of our community sports clubs "weathered the storm" and resumed classes by April 2022. Our importance within our community, increased post pandemic with a renewed need to improve mental and physical health and assist with the re-irtte8ration of both adults and children. It is ever more apparent that our Sports Centre is unique in the way we are embedded within our local community. KEVIN LINCOLN BEM In January 2023, our Secretary. Kevin Lincoln was awarded a British Empire Me(Jal in the Kings, New Years Honours for his 55+ yeats of dedication to sport and the Borough of Haringey. Kevin started a local football team irt Tottenham at the a8e of 13, with a Club house in hi5 parents back garden in Tottenham. In 1969, as well as running the Sunday team, his long association with the Sports Centre began. Along Wlth our current chair, Malcolm Sprlngthorpe and many other volunteers, he assisted with the campaign to save the former Terrfcorial Army Centre from demolition and estsblish what we belleve to be the first Sports Centre In London. Kevin was presented with the medal by the lord lieutenant of Essex in April and, along with his wife Sallyi attended the Klngs garden party at Buckingham Palace, 3 days before the Coronation on Mav. Page 4
Tottenham Communlty Sports Centre Trustees Annual Report FINANCIAL REVIEW Given the'non-purwse. built nature and age of the premises in which the Centre operates, the possibility of urgent, substantial repairs to the fabric of the property that the Centre may have to fund from reserves is ever present. While every reasonable effort is made to maintain the property to a high stsndard, the trustee5 consider it prudent to maintain a fairly high level of rèadily available reserves so that significant problems can be dealt with as they arise. The trustees are constantly mindful of the possibility of substantial increases in rent and or business rates- despite the local authority's agreement to fund part of the rent and all business rate charges. With local authority finances generally weak, the tnjstees believe that this threat must be kept fimly In mind, if not at the forefront of curnt concerns. With the implications of the three areas of risk in mind. the trustees have a designated 'Contin8ency Fund" of £50,000. The nature of the Centre's actlvities Is such that users of its facilities may sustsin injury for which the Centre could be held responsible. The trustees belleve that the Centre has sufficient relevant insurance cover to deal with any foreseeable clalm. Within the constraints of prudente with regard to the maintenance of adequate re5erve5 to confront the above risks, the trustees are commltted to the principle of spending surplus funds on the expansion of facllltles as genuine need arises. Our ongoing commitment to improvln8 facilities within our Ilmlted budget continued with the complete redecoration and re-purposing of the flrst-floor rooms to provide small sports and training fatilities. Pa8e 5
Tottenham Community Sports Centre Trustees Annual Report STRUCTURE, GOVERNANCE AND MANAGEMENT Trustees are appointed by members of the association. A minimum of 3 trustees must be appointed. Of those appointed, one must retlre each year by rotation, although helshe may be re- elected at the Annual General Meetin8. Derek Lewi5 will retire at this yearfs AGM but will stsnd for re-elertion The Trustees carry out both governance fvnctions and also other roles within the trust. Thelr core functions are.. 11 To ensure that the charity remains true to its mission and values 21 To determine its Strate 31 To act as the point of final accountability for its actions and those of its representatives and staff 41 To safeguard its assets 51 Act as a pool of expertlse and advice. makln8 this available to staff and volunteers 61 Our Trustees undertake the management role of hirin& firing and holding the head of stsff accountable They also liaise bets¥een the trust and the outside worfd.. prowding a conduit for Informatlon and ideas, representing it and acting as an ambassador for it. Day to day management Is delegated to specifled indfviduals who report to the Trustees on a regular basls. Staffln8 The Centre operates on a part voluntaryl part salaried basis with 10 part time and 3 lull time staff all of whom also provided additional voluntary hours along wlth our 10 unpald volunteers. A part tlme member of staff was appointed to develop and manage our s¢xlal media platlorm5 as we look to promote our actlvStle5 nd connect with our community In a more 'modern' way. We are Indebted to our band of volunteers, without whom. we would stru88le to survive. Motto Our motto remains, Sport lor All ....at an Affordable Prlce. The Trustees are responsible for keepin8 proper a¢countin8 records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the flnancial ststements comply wlth the Companles Act 2(MJ6. The Trustees are also responsible for safèguardin8 the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other Srregularities. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Art 26 and in accordance wlth the Charities SORP IFRS 102}. Signed on behalf of the board M. Springthorpe Trustee 31 October 2023 Page 6
Tottenham Community Sports Centre Independent Examiner5 Report Independent Examinerfs Report to the trustees ofTottenham Community Sports Centre I report to the charlty trustees on my examination of the financial statements of Tottenham Community Sports Centre for the year ended 31 March 2023. ResponslbllltSes and basls of report As the charity's trustees of the company land also its directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies kt 20061'the 21x6 Act. Having satisfied myself that the financial statements of the Charity 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 charSty's financial statements as carried out under section 145 of the Charities Art 20111'the 2011 Art'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145151 Ibl of the 2011 Act. Independent examlne¢s ststement As the charity's 8ross income exceeded £250,1XJ your examiner must be a member of a body Ilsted in sectlon 145 of the 2011 Aci. I confirm that l am qualified to undertake the examlnation because l am a member of , which is one of the listed bodles. I have completed my examlnation. I can confirm that no materlal matters have come to my attentSon In connection wlth the examination giving me cause to believe.. ccountinB records were not kept in accordance with section 386 of the 26 Act,. or the flnancial staternents do not accord with those records. or the financial statements do not comply with the accounting reqUIrnents under sectSon 396 of the 2006 Art other than any requirement that the financial statements give a 'true and fair, view which is not a matter considered as part of an independent examinatioft,. or the financial statement5 have not been prepared in accordance with the method5 and principles of the Statement of Recommended Prartlce for accounting and reporting by charities applicable to charltles preparlng their accounts in accordance with the Flnandal Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021. 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 3 proper undefStandin8 of the financial ststementsto be reached. Elite Accountants 717 Green Lanes London N213RX 31 October 2023 Page 7
Tottenham Community Sports Centre ststement of Financial Artivitles forthe year ended 31 March 2023 Unrestrkted fund5 Total funds Totsl fvnds 2023 2023 2022 Notes Income and endowments from: Donations and legacies Charitable activities Other trading activities Investments Other 1,787 256.139 81,353 164 1,787 256.139 81,353 164 4,000 229,643 55,670 33,283 Totsl 339,443 339,443 322,603 Expendlturè on: CharStable artivities Other 3,000 339,791 io 339,791 308,083 Total 342,791 342,791 311,083 Net gains on investments Net lexpendlturelllncome Transfers between funds li 13,3481 13,3481 11,520 Net lexpendSturelllncome before other 8alnsl{losses} 13,3481 13,3481 11.520 Other Baln5 and loss•s Net movement In funds 13.3481 13,3481 11,520 Reconclllatk*n of funds: Total funds brou8ht forward 198,878 198,878 187,358 Total funds carried lorward 195,530 195,530 198,878 Pa8e 8
Tottenham Community Sports Centre Summary Income and Expenditure A¢c(wnt for the year ended 31 Marth 2023 2023 2022 Income 339,279 322,596 Interest and investment income 164 Gross In¢ome for the year 339,443 322,603 Expenditure 334,798 302,838 Depreciation and char8es for impairment of fixed assets 7,993 8,245 Total expendlture lor the year Net {expenditu Ilincome before tax for the year 342,791 311,083 13.3481 11,520 N•t lexpendlture Illncome for the year 13,3481 11,520 Page 9
Tottenham Community Sports Centre Balance Sheet at 31 Maich 2023 Company No. 02818821 2023 2022 Flxed assets Tangible assets Investments 13 14 31.823 39,816 100 39,916 31,923 Current a55ets Debtors Cash at bank and in hand 15 26,304 147,488 173.792 110,1851 163,607 21,935 146,237 168,172 19,2101 158,962 Credltors: Amount falllng due wlthln one year Net current assets 16 Total assets less current Ilabllltles 195,530 198,878 Net assets excludlng penslon asset or Ilablllty 195,530 198,878 Total net Jssets 195,530 198,878 The funds ofthe ¢harlty Restrlcted lunds Unrestrlrted funds General funds 17 17 195,530 198,878 195,530 198,878 Reserves 17 Total funds 195.530 198,878 These accounts have been prepared In accordance with the special provlslons of Part 15 of the Companles Act 2006 relatin8 to small companies. For the year ended 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to smèll companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2(KJ6. The directors acknowledge thebr responslbilities for Complying Wlth the requirements of the Companies Act 2(X)6 wSth respect to accounting records and the preparation of accounts. Approved by the board on 31 October 2023 And signed on its behalf by.. M. Springt Trustee 31 October 2023 Page 10
Tottenham Community Sports Centre Notes to the Accounts for the year ended 31 Marth 2023 l Ac¢ountSng policies Basi5 of preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective I January 20151 (Charities SORP IFRS 10211. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Art 2C#J6. Change In bas55 of a¢¢ountlni or to prevlous accounts There has been no change to the accounting policies (valuation rules and meth¢)d of accounting) since last year and no changes have been made to accounts for previous years. Fund accountlng Unrestricted funds These are avallable for use at the discretion of the trustees in furtherance of the general objects of the charity. These are unrestrirted funds earmarked by the trustees for particular purposes. These are unrestricted funds which include a revaluation reserve representln8 the restatement of investment assets at their market values. These are available for use subject to restriction5 imposed by the donor or through terms of an appeal. Designated funds Revaluation funds Restrirted funds Incorne Reco8nitlon of Income Income is Included Sn the Statement of Flnancial Activities ISOFAI when the charlty becomes entltled to, and vfjrtually certain to recelve, the Income and the amount of the income can be measured with sufficient reliability. Income with related Where income has related expenditure the income and related expenditure is expend6ture reported gross In the SOFA. Donatlons and legacie5 Voluntary income received by way of grants. donations and gifts is Included in the the SOFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Incorne from tax reclaims is included in the SOFA at the same time as the donations and gifts 8iftldonation to which it relates. Donated services These are only included in income Iwith an equivalent amount in expenditurel and facllltles where the benefit to the Charity is reasonably quantifiable, measurable and materi81. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This 15 included in the accounts when receivable. Gainslllossesl on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/llossesl on investment assets This includes any gain or Ios5 on the sale of investments. Page 11
Tottenham Communlty sPts Centre Notes to the A<counts Expendlture Recognition of expenditure Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fulty recovered. and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income. fundraislng ralslng funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its artivities and ¢harrtable actlvltles services in the furtherance of its objects, including the makin8 of grants and governance costs. All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. These include those costs asstxiated wh meeting the constitutlonal and statutory requirements of the Charity. including any audit/independent examination fees, costs linked to the strategic mana8ement of the Charity, toBether with a share of other administration costs. These are support Costs not allocated to a particular activitv. Grants payable Governance costs Other expendlture Taxation The charity is exempt from corporatlon tsx on $ charltable actlvltles. Tanqlble flxed assets and depreclatlon Depreciation Is provided at the following annual rates in order to write off each asset over its estimated useful life.. Fixtures, flttlngs and equSpment 15% Straight line All weather 6.67% Straight line Freehold Investment property Investment propertles are measured initialP¥ at cost and subsequently at fair value at each balance sheet date and are not depreciated. All galns or losses are taken to the Statement of Financlal Activities as they arise. Stocks Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charTty would have been willing to pay for the items on the open market. Trade and other debtors Trade and other debtors are recognised at the sèttlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Page 12
Tottenham Community Sp¢rts Centre Notes to the Accounts Cash and Cash equl¥alents Cash and cash equivalents comprise cash at bank and on hand. demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position. bank overdrafts are shown within borrowings or current liabilities. In the Ststement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. Trade and other Credltors Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a thlrd party and the amount due to settle the obligation can be measured or estimated reliably. Credltors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Research and development Expenditure on research and development is wrltten off in the year in which It Is incurred. Forel8n currencles Monetary assets and liabilities denominated in currencies other than the fvnctional currency of the charity are translated at the rates of exchange Prevailing at the end of the reporting perS0d. Transactions In currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange dlfferences are are taken into account in arrivin8 at net incomelexpenditure. Leased assets Where the charlty enters Into a lease which èntails taking substantialfy all the risks and rewards of ownershlp of an asset, the lease is treated as a finance lease. Leases which do not transfer substantSally all the risks and rewards of ownership to charlty are classifled as operatlng lea5e5. Assets held under finance leases are initially recognised as assets of the charity at their fair value at the Inception of the lease or. if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payment5 are apporttoned between finance expenses and dCtiOn of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifylng assets. in which case they are capltallsed in accordance with the charity's P)licy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recognlsed as an expense on a strai8ht-line basis over the lease term. In the event that lease incentives are received to enter into operating leases. such inntiveS are Tecogni5ed as a liability. The aggregate benefrt of incentives is recognised as a reduction of rental expense on a strai8ht-line basi5. Penslon costs The charlty operates a defined contribution plan for Its employees. A defined contributlon plan is pension plan under whbch the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown In accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered fvnds. Pa8e 13
T¢)ttenham Communlty Sports Centre Notes to the Accounts Recelpt of donated goods, facllltles and servlces All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the chartty- 2 Company status The company is a private company Ilmited by guarantee and consequently does not have share capital. 3 Statement of F5nandal Actl¥itles- prlor year Unrestrlcled lunds Total funds 2022 2022 Income and endowments from: Donations and legacles Charitable activities Other trading activities Investments 4,000 229,643 55,670 229,643 55,670 Other 33,283 33,283 Total 322,603 322,603 Expendlture on: Charitable artlvities 3,000 308,083 Other 308,083 311,083 Total 311,083 Net Income 11,520 11,520 Net Income before other ialnslllossesl Other galns and losses: Net movement In lunds 11,520 11,520 11.520 11,520 Recondllatlon of funds: Total funds brought forward Total fund$ c•rrled forward 187,358 187,358 198,878 198,878 4 Income from donatlons and leg•des Total Total 2023 2022 SLbndry donations received 1.787 1.787 1,787 1.787 Page 14
Tottenham Communlty Sports Centre Notes to the Accounts S Income from charTtable actlvltles Unrestricted Totsl 20Z3 Totsl 2022 Sports membership and sport facilities hire Other facilities hlre Sport and well being community grants 157.939 157,939 119,481 92,851 92,851 104,832 5,349 5,349 5,330 256,139 256,139 229,643 6 Income from other tradlnl artlvltles Unrestrfrted Total Total 2023 2022 Car boot sales and other fundraising artivities Car park facilities 3,9 3,900 77.453 81,353 77,453 81,353 55,670 55,670 7 Income from Investments Unre5tri¢ted Total 2023 Total 2022 Interest recelvable 164 164 164 164 8 Other Income Totsl 2023 Total 2022 Government support grants 33,283 33,283 9 Expendlture on charftsble activltles Unrestrlct Total Total 2023 2022 Governunce costs Accountancy fees Page 15
Tottenham Communlty Spwts Centre Notes to the Accounts 10 Other expenditure Unrestrlcted Totsl 2023 Total 2022 Employee costs Premises costs Amortisation, depreciatlon. impairment, profitlloss on disposal of fixed assets General administrative costs 206,620 74.815 206,620 172,476 86,102 74,815 7,993 7,993 8,245 50,363 339.791 50.363 339,791 41,260 308,083 11 Net {expendltur•lllncome before transfers 2023 2022 Thls Is stated after charging.. Depreclation of owned fixed assets 12 Staff costs 7.993 8,245 2023 192.236 9,991 3,253 205,480 2022 160,506 7,631 2,553 170,690 Salarles and wage5 Social security Costs Pension costs No employee received emoluments in excess of £60,cl. The avera8e monthly number of full time equivalent employee5 during the year was as follow5.. 2023 Number 13 13 2022 Number io Administrative staff io The charity's pension is a work place pension held with NEST. Page 16
Tottenham Community Sports Centre Notes to the Accounts 13 Tangible fixed aets rimles, ffttin8s and All weather equipment Total Cost or revalU10n At l April 2022 At 31 March 2023 Depreciation and impalrment At l April 2022 Depreciation charge for the vear At 31 March 2023 Net book values 80.564 80,564 107,205 107,205 187,769 187.769 40,750 107.203 147,953 7,993 7,993 48,743 107,203 155,946 At 31 March 2023 At 31 March 2022 31.821 39.814 31,823 39,816 14 Investments In$*ment In Subsldlarles Total Cost or revaluatlon At l April 2022 At 31 March 2023 Net book values At 31 March 2023 At 31 March 2022 100 loo 100 100 100 loo 100 Investment In SubsldSarles The company has the following subsidiary undertakin8S: Capitsl and reserves at Profltlllo$$ end of the ) for the relevant relevant Country of Inwrporatlon Class of Ilf not UKI shares held %ageof shares held N•me of ¢ompanv year year Tottenham Community Sports Centre 703 Club Ltd 15 Debtors England Ordinary 3.928 3,824 2023 2022 Trade debtors 10,473 12,831 5,854 13,081 3,000 21,935 Other debtors Prepayments and accrued income 26,304 Page 17
Tottenham Communlty Sports Centre Notes to the A¢wunts 16 Creditors: amounts fallin8 due within one year 2023 2022 Bank loans and overdrafts Trade creditors Other taxes and soclal security Other treditors Accruals 990 2,291 3,445 458 568 2,114 3.071 457 3,CQl 10,185 9,210 17 Movement In funds Incomlni resources At31 March 2023 IlrKludln8 other At I Wil ialnsll¢)sses 2022 Resources expended Restrlcted funds: Unrestrlrted funds: General lunds 198,878 339,443 1342,7911 195,530 Total funds 18 Analysls of net a5Stt$ between funds 198,878 339,443 1342,7911 195,530 Unrestrfrted funds Totsl Fixed a55ets 31,823 loo 163,607 195,530 31,823 100 163,607 195.530 Investments Net current assets 19 Reconclllatlon of net debt At31 March 2023 At l Aprfl 2022 Cash flows Cash and cash equivalents 146,237 146.237 1,251 1.251 147,488 147,488 Net debt 146.237 1,251 147,488 PaBe 18
Tottenham Comrnunity Sports Centre Notes to the Accounts 20 Commltments Penslon commltments 2023 2022 The pension cost char8e to the company amounted to: 3,253 2,553 Page 19
Tottenham Community Sport5 Centre Detailed Statement of Flnanclal Activitie5 for the year ended 31 March 2023 Unrestrlcted funds Total funds 2023 2023 Total funds 2022 Income and endowments from.. Donations and legacies Sundry donations received 1,787 1,787 1,787 1,787 4,000 4.000 Charltable actlvltles Sports membership and sport IS7,939 157,939 119,481 Other facilltles hlre Sport and well being communlty grants 92,851 92,851 104,832 5,349 5,349 5,330 256,139 256,139 229,643 Other tradlng activities Car boot sales and other fundraising activities Car park facilities 3,900 3,9¢)0 77,453 81,353 77,453 81,353 55,670 55,670 Investments Interest receivable 164 164 164 164 Other Government support Brants 33,283 33,283 Total Income and endowments 339,443 339,443 322,603 Expendlture on,. Governance costs Accountancy fees 3,000 3,000 3,000 Total of expendlture on charltable
ctlvltles
3,000 3,CK)O 3,000 Employee costs Salarieslwa8es Employer's NIC Pension costs Staff welfare 192,236 9,991 3,253 1,140 206,620 192,236 9,991 3.253 1,140 206,620 160,506 7,631 2,553 1,786 172,476 Premises costs Rent 12,000 3,595 30,010 12,000 3,595 30,010 12,000 7,136 29,950 Rates Light, heat and power Page 20
Tottenham Community Sports Centre Detalled Statement of Financial Artivilies Premises cleaning Premises repairs and maintenance 8,574 8,574 7,055 20.636 20,636 29,961 74.815 74,815 86,102 General administrative costs, including depretbation and amortisation Depreciation of Fixtures, fittings and equipment Depreciation of All weather Bank char8es Equipment leasin8 and hire char8es Equipment repaSrs and mabntenance General insurances Informatlon and publications Software, IT support and related costs 7,993 7.993 8,245 638 5,366 5.366 6,372 23,829 23,829 9,727 9,802 iio 9,802 iio 9,646 274 1,788 1.788 1,214 Stationery and printin8 Sub5criptlons Sundry expenses Telephone, fax and broadband 1,776 207 5,253 1.192 58,356 339,791 1,776 207 5,253 1,192 58,356 339.791 2,912 3,292 6,182 1,003 49,505 308,083 Total ol expend1re ol other cosos Total expendfture Net gains on investments 342,791 342,791 311,083 Net lexpendlturelllncome 13.3481 13,348} 11,520 Net (expendlturellln¢ome befor• other 8alnsl(10sses} Other Gains 13,3481 13,3481 11,520 Net movemem Sn lunds 13,3481 13,3481 11,520 ReconclllatSon of fvnds: Total funds brought forward 198,878 198,878 187,358 Totsl funds carrled forward 195,530 195,530 198.878 Page 21