COMPANY REGISTRATION NUMBER: 04181246 CHARITY REGISTRATION NUMBER: 1087674 Greenfield Club Company Limited by Guarantee Unaudited Financial Statements 31 August 2021 Accountability BUneSS Sefvtts Ltd Worting House Illorting Road Hampshire RG23 8PX illii AB0YtrICXL" 3110312022 CCAAPANIES HOUSE
Greenfield Club Company Limited by Guarantee Financial Statements Year ended 31 August 2021 Page TNstees' annual report {incorporating the directorfs report) IrKlependent exarninerfs report to the trustees Statement of financial activities (induding income and expenditure account) Statement of financial posrtion Notes to the financial ststements The following pages do not form part of the financial statements Detailed statement of fmancial activities 15
Greenfield Club Company Limited by Guarantse Trustees. Annual Report (Incorporating the Directorfs Report) Year ended 31 August 2021 The tnjstees. who are aso the directOTS for the purFoses of MpanY law, present their report and the unaudited finanoal staleffthts of the charity for the year eThJed 31 AU$l 2021. Reference and administrativ• detsils Regislered Gharty name Greenfld Cl% Charlty x•gistration numb•r 1087674 Company re9istrnt1 number 04181246 Princlpal office and rnglst•r•d Green1 Centre pa Avenue ntert(suMe Bristol BS36 INJ The Iru$tees (App)inted 21 April 2020) R Sheppafd (Appoinled 9 March 2020) Gwn (S¢ed from 9 Marth 2020 to 14 September 2020) C Hughes (Apwinted 9 m)2020) E Teuten pointed 9 March 2020) Company 8•¢rètary V tchener Independent examin•r Elle Matthev•S Accountsbilty Buswss Ser¥ Ltd IAbrting House V4lxting RId Hampshire RG23 8PX
Greenfield Club Company Limitsd by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (eon Year ended 31 August 2021 StNGturn. govornance and manag•mgnt The organwlxin ks a charitable Company limTrted by srywath. The comwy was estsblish&1 urnler a MenadUm OfAss1at0n which estsblished the cl)jects and ptyvers of the charitable company. arKI is govemed under tts Artth of Association. In the evenl of the o)mpany being wound up membw5 are Tequ¥ed to contn'bute an amount. rot exceedry £1. The directors of Ihe ccwnpany are aFso Charity trustees for the puryy)se of tharity law. and under Ihg company's Articles. All trustees gNe their time ¥oluntwily, and recaved no benefts from the charity. The trusteeg endeavour lo maintain a broad mix of skills amongst the trustee boty to ensure that the chaTty can be managed effectivety. Trustees are encouraged to attend appropiiate extemal training events where these will facilitate the undertaking of thwr ro. Objectives and activities The aims of the organisation are to WOVKI8 high qualty social and educatsonal ¢are facilities for chi dren of pfimary school age in vtertrne and the surrounding area. both before after school each day. during the school holKlays, and in-service training days. The charity provhles a breakfast. after school and I1laY ¢hJb based al The Genfield Centre. The breakfast club allows drop ¢)ff from 7.45am where healthy breakfasl Choi a available. Children are then taken to the main sctrKK)t playground frcwn 8.45wn. where they play w¢th their friends befo school stsrts. The after school club runs from 3.306.00pM each weekday vth Ihe chiklren being assembled in the schwl hall and cdlecled by the Greenfield Club staff. (Thts appIS to both Elm Park and Sl Mt¢hae15' school pupils) Activities are prov#led to stsmulate the children. encouraging their devel¢¥¥nenl in a safe and ring environment. On sunny days the children ¢an play in the large playing field whh backs onto the club, as well as being taken to the local pth. and crnfts are provided and children can choose from wide Tange of gaff*s and equpmenL Snad(s are provmjed to the chiklren in the after schod provisK)n. We are particulaty provd of the development of our holiday and the in-service day provision. We run full time holiday Pfovtgon as well as operatsng on all In-sem days. The holiday elub, amhough possibilities were limited this year. wns a number of activrties and tn"ps. In plannin9 provision for child care for this year the tNstees have conswjered the Chanty C0mmBsn guthnce on publ benefit.
Greenfield Club Company Llmited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) f Year ended 31 August 2021 AchifrvemeDts and perfornmn 11 hos been another chaHengiNJ for the charty. COK+ID the c*Jb closed from January Ihmu9h to March and when it was able to open. il operated at redueed capacty in line with childcare provision guidelines. The committee agreed unanimousty lo support staff during IM"s unprecedenled time. using the Govemment furkjugh scheme as appropriate during ck)sure. Demand for places at dub has reded as family urtumstsncs have charrtjed. However. there was a good take up durirkg the summer holidays which ertabknj a smam profrt lo be made over the year. The committee and the staffing team have laken every 0prtsJnty to review running costs and make savings and elticiencies wherever p0sble. in order to secure the clubs fijture as we still fimity believe public benefrt would be ened shoubj the club ck)se. We have again been very woud of the team wc¥k shown by everyone involved with the dub during this difficutt period. Flnancial revi charity had incoming resources of £61,902 (2020 .. £70.863) and total resources expended of £59,805 {2020.. £67.6401. givin9 a surplus of £2.097 {2020.. £3,223) for Ihe year. Tolal funds of the charity have therefore increased on last year. wlth a total surplus of £38,888 cated fard {2020 :£36.554) The dub continues to recover Grfl Ald on the annual membership fee paid for each child. and all parents must n¢)w pay in advance either via a standing order. or through the ¢hild care voucher scheme. For ad hoc bwkings the is stricl policy requwing payment up front. which has resulted in no amounts owing to the club. Invwtm•nl policy AsKle from retsining a pwdent amrAt eath year in reseryes. most of the d)arty's funds are to bè spent in the short term in the prOvon of sets$. so there are few funds available for lon9 term investment. Res•rves policy The trustees aim to maintsin fe reserves in unrestricted funds at a level whKh equates to approximatety one month of unrestri¢Xed Charitab expendriure. The truslees consider that this level will prcwjuce sufficient funds lo cover fdJPPJt and g0veman costs. The charity will not maintain capitsl base but will seek lo expend charitabk IlonatKmS with due and cA)nsKleration of Ihe future needs and obJ"e£ts of the tharty.
Greenfield Club Company Llmfted by Guarantee Trujleog. Annual Report (Incorporating tho Dlrectorfs Report) Year ondad 31 Augwt 2021 h.ves The dub 81so int9 to ¢onts"nue to substh.se iiw durirwJ hows. a5 arKI Ihvrf can rt. tho sm3U eompan*s exemptm, CH[
Greenfield Club Company Limited by Guarantee Independent Examinerfs Report to the Trustees of Greenfield Club Year ended 31 August 2021 I rewt to the trustee5 on my examination of the finanoal ststements of Greenfield Club I'the charw) for the year ended 31 August 2021. Responsibllities and basis of report As the trustees of the company land atso rts dwectots for the purposes of company law) you are responsible for the preparatjon of the ffinanci 5taternents cordan with Ihe requwements of Ihe C(panIeS Act 20061'lhe 2006 N£fl Having satisfied mysell that the xeounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for indepethit eXaminatn, I report in respect of my examinalion of the charity's accounts as Carl out under sectK)n 145 of the Chanlies Act 2011 1.the 2011 Acl'}. In carrying out my examinatson I have folhxTed the Directions gwen by the Charity Commission under Sect 145151{bl of the 2011 ACL Independent examlnefs stat¢m•rt I have completed my examinalton. I confirm that rK> mattets have Come to my attention in connectDn wth the examination giving me &iu5e to believe". accounting records were not kept in respxt of the charity as wuired by SeCtm 386 of the 2Q)6 Act", or the financial statements do not 8cc4yd with those records.. or the financial stslements do not ccmply with the zounting requirements of section 3% of Ihe 20Cfj Act other than any requirement that the acLounts gNe a 'true and fairf which is not a matter consider&J as part of an independent einati. or the financial ststements have not been prepared in accordance wrth the methods and prinCIeS d the Statwmenl of Reoynmen¢Jed Pra¢b¢e for accounting and reporting by charibes applicab to chariti.es pwring th"r a¢ants rn accordano wrth the Financial Reting Standard applicle in the UK w*d Repu1¢ of Ireland (FRS 102). I have no concerns and have CCrfr across no other matters in connln with the examination lo which attenlTon should be drawn in Ihrs rept in order to enable a proper understsndirvJ of the a(thunts to be reached. Accountakn"lity Business ServKes Ltd Worting House Worting Road Hampshi RG23 8PX Dat&1 ... 12th janu21)22.................
Greenfield Club Company Limited by Guarantee Statement of Financial Actlvities (including income and expenditure account) Year ended 31 August 2021 2021 Unrestricted funds Total fund$ Total frjnds 2020 Income and endovmients Donations and grants Charitable a¢tivibes 102 61.800 102 61.8CM) 10,834 60.029 Total income 61.902 61,902 70.863 Expenditure Expendrture on chanthle actNrties Totsl gXPgndi¢urg 59,805 59.805 67,640 59,805 59,805 67,640 Net income and net movement in funds 2.097 2.097 3.223 R•conciliation of lund8 Total funds trKought loN¥d Total lunds carried forwavd 36.$54 36,554 33,331 38.888 38,888 36.554 All income and eXpendrtU derive from continuing xbvitss. Tl* notrs on pages 8 to 13 fonn part ol thM• fiNnclal statements.
Greenfield Club Company LiffthBd by Guarant00 Statement of Financial Positson 31 August 2021 2021 2(r20 C4rr•nt M••ts 12 415 39.873 45,981 40.288 Crnditorn: amoFJth lthln on• y• 13 10.031 36.554 38.888 38,888 .554 36.$54 38.888 >,554 36.554 Tolal ehartty ltsnds 15 th re6o¢¢1 tts aLtixintin9 fKofdS and Ihe prep8TrtK+n Qf fmarwl stsieireni5. 7th 2022. 5ignett on olthe bo ty.. CHW
Greenfield Club Company Limited by Guarantse Notes to the Financial Statements ( Year ended 31 August 2021 G•neral information The ch¥ity 15 8 public benefft entty and a prr&e company limited by guarnntee. registered in and a registered charty in Engknd and Wales. The a£kJress of the registered Offi 15 GreenrId Cenlre. Park Avenue. Wnlerboume. Brtstol. BS36 INJ. Statsment of ¢ompllan¢• These finanual ststements have been prepared in complonce wilh FRS 102. The Financia Reporting Standard applicable in the UK and the Republic of Ireland.. the Statement ot Recommended PraCte applKable to charitres preparing their accounls in ordance with the Financol Rewh"ng Standard ¥plicable in the UK and Republ ol Ireband IFRS 1021 (Charities SORP {FRS 10211 and the Companies Act 2¢)06. Aceounting polici Basis of preparation The finanual statements have b-prePared on the historical cost basis, as ndffied ty the revaluation of certain financial assets and IFabilities arbd investment properties measured at fair value through income expendrture. The financial slalerrents are prepared in sterlwvj. whth is the functK•nal currerKy of the enlty. Going ¢on¢em There are no material uneertainties ab(yJt the Chari$ abilrty to e4)ntinue. The charty has made use of the government COMD furlough grant schemes during the year to balance its responsibilils lo staff members and families. and ensure that the club was able to re-open and operate as per revised govemmenl guidelines. 11 will ntinUe to evaluate and adapt. as necessary. wrth the aim of membershw and care prowsiw growbng in future. Judgements and key sourvs of ¢stlmatlon uncertainty The kyeparation of the financial slatemeftts requires management to make jutyients. estimates and assumptions thal affect the amounts reported. These estwnates and jLK1gements are ntinUallY reviewed ar¥J a based on experiertt and other faclots, uicluding expectatK)ns of future events that are believed to be reasonable under the circumstance5. Fund accounting UnresttKted funds are available for Le at the discrelK¥) of the trustees to further any of the charty's purposes. Designated funds are unrestrthd fvnds earrnaett ty the trUsS for partIlar fvtU proiecl or commitrnent. Reslricted funds a subieded to restricbons on their expenditu dedared by the donor or through the tems of an appeal. and fall into Me of sub<lasses". restricted incc¥ne funds or endowment fijnds.
Greenfield Club Company Llmlted by Guarantee Noles to the Financial Statements Year ended 31 August 2021 Incoming fBsoiirc•s l income is induded in the slatement of financial actwrties when entrtlement has passed to the charity. rt És prtsbae th the econom benefits a$s(d with the transactw will flow to the chanty and the amount can be reliabty measured. The foN0ng speofic Folicies are applied to particular categ(¥$ ol inccrfne" - income from donations or grants is rec£gnised when Ihere is evthnce of entit18ment to the 9. feceipt is probable and tls amount can be measured reliabty. - income from fees receNed in a(fvan¢e of prtiVis)n of the 5eThTr is deferred until the criteria for income rectrjnrtion are met. - donated Vofesonal Servi and donated are recognised as income when the Charity has control over the rtem. any conditions assrfiated wrth the donated item have been met, the receipt of econom ben8fft from the use by the charity of ilem . is probable and the economtc benefit can be measured rel. In OrdanCe wth the Charitie5 SORP (FRS 1021, general lunteer time 15 not recwnFsed. R1)Urc•S •ynd•d Expenditure is recognwl on an a¢xruals basts as a liabilty is incurred. Expenditure includes any VAT whtch cannot be fully recovered. is cbssified under heathngs of the statement of financial actNrties lo whth it relates.. expendrture on rais¥ funds the costs of all fundraisin9 ¥tivthes, events, non<haritsble trading a¢liwiies, and the Sa of ¢knated goods. expendilure on charitable actiwts indudes all costs inffed by a charity in undertaking aclrvities that further ils charitsble aims for the benefft of rts beneficiafies. ind19 those support COSt5 and costs relating lo the governance of the charity 8PPOrtioned lo charitable activilies. other expenditure wludeS afi expendrt that is neither related to raising fvnds the chanty nor part of ts eXpdIture on charilaWe 111iS. l ¢osts are alkxated lo expenditure cate9S reflecting the use of the resource. Direct costs attributable to a thrty are altocated directly lo that acbvrty. Shared a)Sts are apportioned behyeen the activities they contribute to on a reasonable. justffiab and eonsi5tent basis. D•bto Debt0 are ree4)gntsed at settlement arUnt due. Credttorn Credilors are onPy recTrJnK8ed where the charty has a present oblytion resultmg from a past event that will resuh in the trar6fer of lunds to a third paty and the 0nI due lo settle the obligation can be measured or estimated reliabty. c0[$ are nom)8lly reeognised at their settlement amount after aHowing for any discg)unts.
Greenfield Club Company Llmlted by Guarantee Notes to the Financial Statements Year ended 31 August 2021 Financial instruments A financial asset or a finanal 5thilty 15 re(XglMsed onty when Ihe entty te¢omes a party to the contractual provisions of the instrument. Basic financial instruments are in"allY recogni%ed at the amount receivab or payable including any relaled transaction cosls, unless the arrangement eonslilules a ffinancing transactK)n. where il is recogntsed at the present value of the future payments discounted at a market rate of interest for a similaf debt rnslnjmenl. Cuent assets and current liabilThes are sub5equentty measured at the cash or other consideratKJn expected to be pad reNed arKI not discounted. Defined contribtstion plans Contributions lo defined contribution plans are reo)gnised as an expense in the period in wh the reLated semce is provided. PrepaKI contributk)ns are recogni5ed as an asset lo the extent that the prepayment will lead lo a redLKlion in future payments or a cash refund. IAlhen contributions are not eypected to be settled whdfy within 12 months of the end of the reporting dale in which the employee5 rerKler the rel*d Serv£. the IRbility is measured on a discounted present value l)aw. The unwiThJing of Ihe dOunt is rwnised as an expSe in the peri¢)d in which it arises. Llmitsd by guarant In the event of the company being wound up menkns are required to contn.bule an anount It eKeeding £1. Donatlons and grants untrIcted Total Funds Unrestricted Total Funds FuiKIs 2021 Fund5 2020 Donations Donations 102 102 834 Grants Covid Grant 10,000 10,fy)0 102 102 10,834 10,834 Charil¥bl• activiti•s Unrestrtded Total Funds ufttriCted Total Funds Funds 2021 Funds 2020 Membership fees Attendance fees 3.379 58.421 3.379 58,421 59,521 59,521 60.029 61.81XI 61.800 60.029 io
Greenfield Club Company Limited by Guarantee Notes to the Financial Statements (ce Year ended 31 August 2021 Exponditure on ¢lkaritable a¢tivitie by fund type Unrestricted Totsl Funds unreStrirt Totsl Funds Funds 2021 Funds 2020 Charitable activities 59,805 S9.805 67,640 67.640 Expenditure on charitable a1¥111•5 by activty typ• undertaken Totsl funds 2021 Tolal fund 2020 Charitable xlivibes 59,805 59.805 67,640 Indgp¢nd•nt oxamintion foes 2020 Fees payabk lo the indeFendent examiner for. Independent examinatton of the finanual statements 1.140 10. Staff costs The total staff costs and employee benefits for the repll1g PWM)d ¥e analysed as folkx¥s.' 2021 2020 lVages and salaries Employer contributions to Perts plans Other empbyee beneffts 43.135 452 775 45,587 689 125 44.362 46.401 The average head count of wnpknyees during the year was 11 (2020: 131. No emptoy& reCeId employee beneffts of more £60.000 dU[W the year {2020.' Nil). K•y Management PeInn81 The key managefflenl personnel of the Charitab company comwtse the trustees and the following staff members - Sian Pumford and Elaine TeLrton. The totsl employee benefits of the key management personnel We £23,361 {2020. £28,738) 11. Trustee remun•ration and e4xns•s No trustees receNed remunerat*Jn dufing year {2020". o.ocM)) for bookkeeping services to the charilable company. This is permrtted under the governing ¢knrnent 11
Greenfield Club Company Limited by Guardntee Notès to the Financial Statements (¢wthu•oJ Year ended 31 August 2021 12. DebtorJ 20 2020 415 604 13. Crnditors: arnounts falling due within on• yoar 2021 2020 2.293 7,454 Accruals and deferred inccffne Soual wurty arKI other taxes 710 1.400 10.031 14. Penslons and other post retirnnent bweflts D•finad cofttribulion plans The amount rec•X4nised in income or expendrlure as ewse in relatts?n to defined contributp)n plans was £452 {21r20. £689). 15. An•tyBi8 of charilablo funds Unro8tri¢t•d funds 1 September 2020 At I)rne Expenditure 31 AugU¥t 21 General funds 36.554 61,902 {59,804) 38,888 1 September 2019 Al Inlxfftè ExperKJiture 31 August 20 General funds 33.331 70.863 167.640) 36,554 12
Greenfield Club Company Limited by Guarantee Notes to the Financial Statements (¢&Xh7wo) Year ended 31 August 2021 16. Anatysis of It assets betwwn funds Unrestricted Total Funds Fund5 2021 Current assets Credito.18$S than 1 year Net assets 40.287 {1.400) 38,888 40.287 11,400) 38,888 Unreslrict8d Total Funds Funds 2020 Current assets Creditors less than 1 year 46.585 (1Q,0311 36,554 46.585 (10,031) 13
Greenfield Club Company Limited by Guarantee Management Information Year ended 31 August 2021 The following pag¢s do not form part of the financial statements. 14
Greenfield Club Company Limited by Guarantee Detailed Statement of Financial Actlvities Year ended 31 August 2021 2020 In¢¢)m? and •ndoMno Donations and gr•nts Donations Covid Grant 102 834 10.000 102 10,834 ChaFftable ¥¢tSvltl Membership fees Attendance fees 3.379 58.421 508 59,521 61,800 60.029 Total Income 61,902 70,863 Expenditurn Expenditure on charitabh activilles Cost of activitses Wage5 and salaies Pension eosts Staff training Rent and rates Repairs arKI maintenance Insurance Cleaning Ac¢ountarw and Ikeeping Legal and wofeSSlI Telephone Other Off costs sub5crrpb.ons 1.526 43.135 452 775 8.649 103 492 S79 1.848 3,052 45.587 125 9.308 339 452 1.246 4.250 628 716 954 570 59.805 67.640 Total exp•nditur• 59.805 67.640 N•1 in¢om¢ 2,097 3,223 16