| MILTON COMMUNITY CENTRE AND RECREATION GROUNDS | MILTON COMMUNITY CENTRE AND RECREATION GROUNDS | MILTON COMMUNITY CENTRE AND RECREATION GROUNDS | |
|---|---|---|---|
| FINANCIAL STATEMENTS FOR THK YEAR ENDED 31MARCH 2023 | |||
| CONTENTS | |||
| PAGE | |||
| Trustees' Report and General Information |
1-5 | ||
| Independent Examiners' Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Statement ofCash Flows | |||
| Notes to the Financial Statements |
10- 13 | ||
| The following pages do not form part ofStatutory |
Financial | Statements | |
| Income &Expenditure Account |
14 - 15 |
| Tennis Club | Dave Webster | |
|---|---|---|
| Parish Council | Rob Farrington | |
| Cricket Club | Adam Hallwotth | |
| Football Club | Fraser Confrey | |
| Outdoor Bowls | BobNorman | |
| indoor Bowls | Keith Overall | |
| Scout Group | BobPain | |
| Colts Football | Paul Yaxley | |
| Brownies | Helen Parker | |
| Badminton | Roy Martin | |
| Summer Fayre | Sarah Corder | |
| Guides and Rangers | Allison Orton | |
| ELECTEDMEMBERS: | Rob Farrington | Hue Holleran |
| Jody Chatterjee | Don Wildman | |
| Andy White | ||
| CUSTODIAN TRUSTEE; | Milton Parish Council | |
| CENTRE MANAGER: | Andy West |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Notes | Unrestricted | Funds | |||
| INCOME | |||||
| Contribution to costs |
|||||
| Income from Charitable Activities |
35,000 | 40,000 | |||
| Charitable activity —hire fees received Other operating income Govenunent and local authority grants Investment income |
97,809 316 13,296 |
83,872 1,258 56,001 |
|||
| TOTAL INCOME | 2 031 | 759 | |||
| 148,452 | 181,890 | ||||
| EXPENDITURE | |||||
| Expenditure on Charitable |
Activities | ||||
| Charitable activities |
|||||
| TOTAL EXPENDITURE | 158,969 | 123992 | |||
| 158,969 | 123,992 | ||||
| NET INCOME AND NET | MOVEMENTS IN FUNDS | -10,517 | 57,898 | ||
| TOTAL FUNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FORWARD |
320,855 310338 |
262,957 320,855 |
| BALANCE SHEET | ||||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Notes | f | f | ||||
| FIXEDASSETS | 17070 | |||||
| CURRENT ASSETS | ||||||
| Debtors and Prepayments | 7 | 10,129 | 9,976 | |||
| Cash at bank and in hand | 288,785 | 314 818 | ||||
| 298,914 | 324,786 | |||||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 8 | 3818 | 3 931 | ||
| NET CURRENT ASSETS | 293468 | 320,855 | ||||
| NET ASSETS | 310,338 | 320,855 | ||||
| THE FUNDS OF THE CHARITY | ||||||
| UNRESTRICTED FUNDS | 310,338 | 320,855 | ||||
| TOTAL CHARITY FUNDS | 310,338 | 320,855 |
| Notes | 2023 | 2022 | |||
|---|---|---|---|---|---|
| Total | Total | ||||
| f. | f | ||||
| Net cash used in | operating | activities | 10 | -10,986 | 42,988 |
| Cash flows &om | investing | activities: | |||
| Interest | 2,031 | 759 | |||
| Purchase offixed assets | -17,070 | ||||
| Net cash provided | by investing activities |
||||
| -15,039 | 759 | ||||
| Change io cash and cash equivalents | |||||
| in the reporting period Cash and cash equivalents |
at the | -26,025 | 43,747 | ||
| beginning ofthe | reporting | period | 314 0 |
271,063 | |
| 887 5 |
| COMMUNITY CE | COMMUNITY CE | COMMUNITY CE | COMMUNITY CE | NTRE AND RECREATION GROUND | NTRE AND RECREATION GROUND | S | Page II | |
|---|---|---|---|---|---|---|---|---|
| FINANCIAL STATEMENTS | FOR THE YEAR ENDED 31MARCH | 2023 | ||||||
| NOTES TO THE FINANCIAL | STATEMENTS | |||||||
| I) | CONTRIBUTIONS | TO COST | ||||||
| Total | Total | |||||||
| 2023 | 2022 | |||||||
| The following contribution |
to costs ware received during the year |
f | ||||||
| Milton Pariah Council | 35,000 | 40,000 | ||||||
| 2) | GOVERNMENT AND LOCAL AUTHORITY GRANTS |
Total | Total | |||||
| 2023 | 2022 | |||||||
| f. | ||||||||
| Covid Recovery Orant | ||||||||
| Zero Carbon Grant | 56,001 | |||||||
| 13,296 | ||||||||
| 13296 | 56,001 | |||||||
| 3) | INVESTMENT INCOME | |||||||
| Total | Total | |||||||
| 2023 | 2022 | |||||||
| Interestreceivable on cash deposits ANALYSIS OF CHARITABLE EXPENDITURE THIS YEAR |
f, 2,031 |
f 759 |
||||||
| UNRESTRICTED | Charitable | 2023 | ||||||
| Activities Oovem&nce |
Total | |||||||
| f | f | |||||||
| Wages Commercial cleaning Legal and professional Stationery |
fern | 38,418 20,960 1,615 440 |
876 | 38,418 20,960 2,491 440 |
||||
| Telephone Insurance Licences and permits Utilrties Mainteoance, materials Youth building North Lodge Mncellaneous expensrn |
and | repaim | 1,072 15,178 1,232 16,212 53,496 4,411 5,036 23 |
1,072 15,178 1,232 16,212 53,496 4,411 5,036 |
||||
| 4)b | ANALYSIS OP CHARITABLE EXPENDITURE | 158,093 LAST YEAR |
876 | 158,969 | ||||
| Charitnble | 2022 | |||||||
| Activities Govemnnce |
Total | |||||||
| f | ||||||||
| Wages Commeraal clenning Legal and professional Postage |
ftms | 38,729 14,672 3,260 18 |
828 | 38,729 14,672 4,088 18 |
||||
| Stationery | 78 | 78 | ||||||
| Telephone Insurarxe Licences and permits |
1,039 5,301 417 |
1,039 5,301 417 |
||||||
| Utilities Mainternnce, materials Youth butlding North Lodge lvhstnEancous expenses |
and repairs | 10,059 35,787 7,406 5,779 619 |
10,059 35,787 7,406 5,779 619 |
|||||
| 123,164 | 828 | 123,992 |
| 5) | STAFFCOSTS AND NUMBERS | 2023 | 2022 | ||
|---|---|---|---|---|---|
| Staffcosts during the year were as follows: |
f | I | |||
| Administration part-time and tbll-time Employers National Insurance Total staff costs during the year |
38,418 0 38418 |
38,729 0 38729 |
|||
| Staffnumbers average |
|||||
| The charity considers its key management personnel The total employment benefits ofthe key management |
to be the Trustees personnel werc |
and Centre Manager. f30,302 (2022; 825,104). |
|||
| No remuneration was paid to Trustees in the year nor |
were any Trustees' expenses reimbursed. | ||||
| No employee received remuneration more than f60,000, |
| BXEDASSETS | BXEDASSETS | |||
|---|---|---|---|---|
| Equipment | ||||
| COST | I | |||
| Balance at Additions |
1 April during |
2022 the year |
68,535 | |
| Balance at | 31March 2023 | .60 | ||
| DEPRECIATION | ||||
| Balance at Charge for |
I April 2022 the year |
68,535 | ||
| Balance at | 31March 2023 | |||
| 68,535 | ||||
| NET BOOK VALUE at 31March 2023 | 17,070 | |||
| NET BOOK VALUE at 31 March 2022 | ||||
| DEBTORS | ||||
| Total | Total | |||
| 2023 | 2022 | |||
| Due within | one year | f. | f | |
| Trade Debtors Investment Income |
receivable | 8,476 1,653 |
9,283 693 |
|
| 10,129 | 9,976 |
| FINANCIAL STATEMENTS F | FINANCIAL STATEMENTS F | FINANCIAL STATEMENTS F | FINANCIAL STATEMENTS F | OR THE YEAR ENDED 31MAR | OR THE YEAR ENDED 31MAR | OR THE YEAR ENDED 31MAR | CH 2023 | ||
|---|---|---|---|---|---|---|---|---|---|
| NOTES TO THE FINANCIAL | STATEMENTS | ||||||||
| 8) | CREDITORS | Total | Total | ||||||
| 2023 | 2022 | ||||||||
| f | |||||||||
| Due within one year | |||||||||
| Deferred income | 1,256 | 2,128 | |||||||
| Accruals | 2,922 | 1,803 | |||||||
| PAYE dt NI | I 468 | ||||||||
| 5 646 | 3,931 | ||||||||
| 9)a | ANALYSIS OF FUNDS 2023 | Fund | Fund | ||||||
| Balance | Balance | ||||||||
| 1.4.2022 | Income | Expenditure | 31.3.2023 | ||||||
| Designated Funds |
f | f | |||||||
| Village Float | 8,162 | 38.00 | 8,200 | ||||||
| General Unrestricted | Funds | 312693 | 148414 | 158969 | 302 138 | ||||
| Total Unrestricted | Funds | 320 855 | 148452 | 158969 | 310338 | ||||
| A descriptiou ofthe | designated | fund | can be found in the Trustees Report under | designated funds. |
|||||
| 9)b | ANALYSIS OF FUNDS 2022 | Fund | Fund | ||||||
| Balance | Balance | ||||||||
| 1.4.2021 | Inconte | Expenditure | 31.3.2022 | ||||||
| Designated Funds |
f | f | |||||||
| Village Float | 8,154 | 8 | 8,162 | ||||||
| General Unrestricted | Funds | 254 803 | 181,882 | 123,992 | 312693 | ||||
| Total Unrestricted | Funds | 262,957 | 181890 | 123992 | 320 855 | ||||
| 10) | RECONCILIATION | OF INCOMING RESOURCES TO NET CASH FLOW FROM OPERATING | |||||||
| ACTIVITIES | 2023 | 2022 | |||||||
| f | f | ||||||||
| Net income for the | reporting | period (as per page 7 - SOFA) | -10,517 | 57,898 | |||||
| Adjustments for; |
|||||||||
| Interest from Investments | -2,031 | -759 | |||||||
| Depreciation charge |
|||||||||
| Uncmase)/(Decrease | in debtors) | -153 | -5,013 | ||||||
| (Decrease)/(Iucrease | in creditors) | 1,715 | -9,138 | ||||||
| Net cash provided | by | (used in) | operating activities |
-10,986 | 42,988 | ||||
| ANALYSIS OF CASH AND CASH | EQUIVALENTS | 2023 | 2022 | ||||||
| f | |||||||||
| Cash nt bank | 288 785 | 314810 | |||||||
| 12) | LEASEHOLD PROPERTY |
| 2023 | 2022 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| f | f. | ||||||||
| INCOME | |||||||||
| Parish Council Contribution Other donation, grants and Furlough grant HIRE FEES |
to costs contributions |
towards costs | 35,000 13,296 |
40,000 56,001 703 |
|||||
| Annexe | 15,836 | 10,995 | |||||||
| Youth Building | 17,710 | 16,367 | |||||||
| Ground Floor Hall |
4,304 29,343 |
4,627 17,735 |
|||||||
| Lounge | 9,217 | 8,283 | |||||||
| Room I | 144 | ||||||||
| Room 2 | 2,383 | 2,414 | |||||||
| Bars | 85 | 0 | |||||||
| Room I dt 2 |
1,744 | 4,254 | |||||||
| North Lodge | 7,390 | 88,012 | 6 597 | 71,416 | |||||
| RECREATION | GROUNDS | ||||||||
| Sycamores dk Recreation Grounds |
1,767 | 4,277 | |||||||
| Hardcourts | 8,030 | 9,797 | 97,809 | 8,179 | 12456 | 83,872 | |||
| Bank interest | 2,031 | 759 | |||||||
| Miscellaneous income |
316 | 555 | |||||||
| TOTAL INCOME EXPENDITURE |
148,452 | 181,890 | |||||||
| ADMINISTRATION | |||||||||
| Wages | 38,418 | 38,729 | |||||||
| Commercial cleaning |
20,960 | 14,672 | |||||||
| Legal and professional | fees | 2,491 | 4,088 | ||||||
| Postage | 18 | ||||||||
| Stationery | 440 | 78 | |||||||
| Telephone | 1,072 | 1,039 | |||||||
| Insurance | 15,178 | 5,301 | |||||||
| Licences and permits | 1,231 | 417 | |||||||
| Miscellaneous | 23 | 619 | |||||||
| 79,813 | 64,961 | ||||||||
| HALL db GENERAL EXPENSES |
|||||||||
| Repairs and maintenance | 13,092 | 11,732 | |||||||
| Utilities | 9 | 23,961 | 6,551 | 18,283 | |||||
| ANNEXE EXPENSES | |||||||||
| Repairs and maintenance | 0 | 753 | |||||||
| Utilities | 2,789 | 2 789 | 1,858 | 2,611 | |||||
| Carried Forward | 106,563 | 148,452 | 85,855 | 181,890 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| f | f | f | f | |||
| Brought Forward | 106,563 | 148,452 | 85,855 | 181,890 | ||
| SYCAMORES PAVILION | ||||||
| Repairs and maintenance | 7,660 | 350 | ||||
| Charitable activity —hire fees received |
1,732 | 172 | ||||
| RECREATION GROUND EXPENSES | 9,392 | 522 | ||||
| Repairs and maintenance Utilities |
20,358 0 |
4,992 859 |
||||
| Grass cutting | 11,917 | 17,515 | ||||
| NORTH LODGE | 32,275 | 23,366 | ||||
| Repairs and Maintenance Utilities Grasscutting Cleaning |
868 1,758 2,407 0 |
1,126 1,596 2,727 330 |
||||
| 5,033 | 5,779 | |||||
| HARDCOURT EXPENSES | ||||||
| Repairs and Maintenance | 470 | 445 | ||||
| Utilities | 823 | 619 | ||||
| YOUTH BUILDING | 1,293 | 1,064 | ||||
| Maintenance Utilities |
330 903 |
3,820 766 |
||||
| Cleaning | 3,180 | 2,820 | ||||
| 44 3 | 7,406 | |||||
| (DEFICIT1/SURPLUS FOR IHE YEAR | 158,969 -10,517 |
~123992 57,898 |