| Page | ||||
|---|---|---|---|---|
| Trustees' | report | 1-5 | ||
| Independent | examiner's | report | ||
| Receipts | and | payments | accounts |
| Briefstatement ofthe |
Briefstatement ofthe |
Briefstatement ofthe |
The club does not have a reserves | The club does not have a reserves | The club does not have a reserves | The club does not have a reserves | policy, | however, | it maintains | it maintains | sufficient | sufficient |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| charity's policy on reserves |
funds to provide financial stability, its principal activity. |
and the means for the development | of | |||||||||
| We are currently | working towards |
being able to replace | our club | hut roof, | ||||||||
| which we estimate |
will cost |
upwards | of F60,000. With the |
COVID | ||||||||
| restrictions over |
the | past couple | ofyears we have not been able | to move | ||||||||
| this project forward, | but are hoping | to be | able to get this started | in 2022. | ||||||||
| In addition the |
club | generator | and | sewage macerator |
are reaching | the | ||||||
| end of their expected lifespan, |
with replacement |
costs | in the | region | of | |||||||
| 220,000. Funds | are | kept available | to replace them | instantly should they |
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| fail as the club cannot o crate without them. | ||||||||||||
| Details ofany funds | materially | |||||||||||
| in | deficit | N/A | ||||||||||
| Further financial review details |
(Optional information) |
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| You may choose to include additional information, where relevant about: |
The Trustees have considered the ongoing impact ofCOVID-19 on the Club's finances, and are satisfied it has sufficient resources to continue operating for the foreseeable future. |
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| ~ | the charity's principal |
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| sources offunds (including | ||||||||||||
| any fundraising); | ||||||||||||
| ~ | how expenditure has |
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| supported the key |
objectives | |||||||||||
| ofthe charity; | ||||||||||||
| ~ | investment policy and |
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| objectives including |
any | |||||||||||
| ethical investment | policy | |||||||||||
| adopted. |