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2024-04-05-accounts

Treasurer Chairman Secretary
Rupert Keith Pat Murphy Caroline Hebard
Elstead (Thursley Road) Recreational Trust
Moors Cottage, Moors Lane, Elstead, Surrey GU8 6DN
Tel 01252 703151

ETRRT ANNUAL REPORT 2023/24

1 This is the annual report of the Trust for the year 2023/24. The Trust was established in 1999 in order to provide and manage a new sports and community pavilion associated with the use of the Thursley Road Recreation Ground in Elstead, with the objective of providing recreational and leisure facilities for the inhabitants of Elstead and the surrounding area.

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2 The following were appointed as members of the Trust’s Management Committee at the 24th annual meeting of the Trust held on 14 September 2023:

3 Mr Marc Bird and Mrs Tamzin Gegg were again co-opted to the Management Committee. The Management Committee members elected Mr Murphy to continue as Chairman, Mrs Hebard as Secretary and Mr Keith as Treasurer. 2 meetings of the Management Committee were held during the year.

4 The main activities of the Trust during the year were those of managing the use of the pavilion by the user groups, the nursery and casual hirers. The Trust’s income has reduced during the year, the result mainly of a reduction in donations and the removal of the previous Jubilee celebrations income and expenditure (£31,071 compared with £39,219 in 2022/3). Expenditure has however also fallen, by a greater amount, mainly due to a reduction in maintenance expenditure (to £3,531 compared to £9,345, in 2022/3). As a result, the Trust ended the year with a net profit of £11,499, which has increased the Trust’s cash balance to £28,305. The Trust recognizes that it needs to build up a substantial capital reserve in order to cover future contingencies and in the longer term to provide for the renovation and possible replacement of the building. Its initial target for the reserve is of the order of £50,000, a figure which will be kept under review.

5 The Trust agreed to carry out significant maintenance works in the following year, including renovation of the car park and the updating of the fire alarm system and the fire precautions arrangements. The new borehole and the solar panels are continuing to work well, with savings from the solar panels of around £1,000 a year – helping to offset the very large increase in electricity costs during the year.

6 All of the work of the Trust is carried out by volunteers. No payments, even of expenses, were paid to members of the Trust during the year in their capacity as members of the Trust.

P W Murphy (Chairman) September 2024

Reg Charity No 1077151

Elstead (Thursley Road) Recreatlonal Trust Accounts For the Year ended 5 Aprfl 2024 Pr￿school Rent Cricket Club Reni Football aub Rent Elstead Sharks Rent ESB Rert Bar Donation Other Donations Bank interest aoretrK)le Donations & HMRC rebate Jubilee DonatK•nsllncome Hire of Hall Total £14.762 £2,396 £1,458 £483 £3.402 £3.(XX) £11,470 £2.194 £1,103 £420 £2,835 £3.165 £5,LlX) £95 £EQ7 £7.810 £4.521 £39219 £436 £5,134 2023124 £L884 £989 £156 £5.569 £1.4f £53 £3.531 £3.258 £369 Rent Water Rète5 General Rates Electricity Gas Broadband and tthpP￿e Maintenan Cleani aeanirg Products Wa￿e Collect Insurance ProfeS￿nal fees {banVplanni Solar Pane15 Jubilee liabilitylpayments jubi￿ DOna￿n £1.884 £394 £312 £1￿57 £9345 £3,148 £513 £949 £1.149 £39 £10,547 £7,810 £1.5Th) £40356 £1363 95n

2023124 £12.223 £12.287 £436 Metro Bank end year Bank Strtement Metro Bank end year accounts Ck*sin8 Balance COIF £10.690 £11,242 £416 £15.582 £5.166 £llA99 41.136 The￿ are no known additKxMI liabllit Accounts Prepared by Rul￿ Keith rrrea5urer) .. ounts 4ned by Pat Murphy (Chaimwn) Accourts IndepernlenttyA￿1i¢ed ty S•n Tayknr_.

Elstead (Thursley Road) Recreatlonal Trust Accounts For the Year ended 5 Aprfl 2024 Pr￿school Rent Cricket Club Reni Football aub Rent Elstead Sharks Rent ESB Rert Bar Donation Other Donations Bank interest aoretrK)le Donations & HMRC rebate Jubilee DonatK•nsllncome Hire of Hall Total £14.762 £2,396 £1,458 £483 £3.402 £3.(XX) £11,470 £2.194 £1,103 £420 £2,835 £3.165 £5,LlX) £95 £EQ7 £7.810 £4.521 £39219 £436 £5,134 2023124 £L884 £989 £156 £5.569 £1.4f £53 £3.531 £3.258 £369 Rent Water Rète5 General Rates Electricity Gas Broadband and tthpP￿e Maintenan Cleani aeanirg Products Wa￿e Collect Insurance ProfeS￿nal fees {banVplanni Solar Pane15 Jubilee liabilitylpayments jubi￿ DOna￿n £1.884 £394 £312 £1￿57 £9345 £3,148 £513 £949 £1.149 £39 £10,547 £7,810 £1.5Th) £40356 £1363 95n

2023124 £12.223 £12.287 £436 Metro Bank end year Bank Strtement Metro Bank end year accounts Ck*sin8 Balance COIF £10.690 £11,242 £416 £15.582 £5.166 £llA99 41.136 The￿ are no known additKxMI liabllit Accounts Prepared by Rul￿ Keith rrrea5urer) .. ounts 4ned by Pat Murphy (Chaimwn) Accourts IndepernlenttyA￿1i¢ed ty S•n Tayknr_.