COMPANY REGISTRATION NUMBER: 04181246 CHARITY REGISTRATION NUMBER: 1087674 Greenfield Club Company Limited by Guarantee Unaudited Financial Statements 31 August 2021 Accountability BU￿neSS 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 A￿U$l 2021. Reference and administrativ• detsils Regislered Gharty name Greenf*ld Cl￿% Charlty x•gistration numb•r 1087674 Company re9istrnt1￿ number 04181246 Princlpal office and rnglst•r•d Green￿￿1 Centre pa￿ Avenue ￿￿ntert(suMe Bristol BS36 INJ The Iru$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 Busw*ss Ser¥ Ltd IAbrting House V4lxting RI￿d 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 Men￿a￿dUm OfAss￿1at0n 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. r*ot 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 v￿￿tert￿￿rne 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 I￿1￿laY ¢hJb based al The G￿enfield 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 3.30￿￿6.00pM each weekday v*th Ihe chiklren being assembled in the schwl hall and cdlecled by the Greenfield Club staff. (Thts appI￿S 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 wh￿h 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 C0mmBs￿n 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 red￿ed 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 0p￿rtsJnty to review running costs and make savings and elticiencies wherever p0s￿ble. 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 ca￿ted f￿ard {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 amr￿At eath year in reseryes. most of the d)arty's funds are to bè spent in the short term in the prOv￿on of se￿ts$. so there are few funds available for lon9 term investment. Res•rves policy The trustees aim to maintsin f￿e 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 int￿9 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 eXaminat￿n, 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 cc*mply 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 e￿inati￿. or the financial ststements have not been prepared in accordance wrth the methods and prinCI￿eS d the Statwmenl of Reoynmen¢Jed Pra¢b¢e for accounting and reporting by charibes applicab￿ to chariti.es pwring th*"r a¢a￿nts rn accordano wrth the Financial Re￿ting Standard applic*le in the UK w*d Repu￿1¢ of Ireland (FRS 102). I have no concerns and have CCrfr￿ across no other matters in conn￿l￿n with the examination lo which attenlTon should be drawn in Ihrs rep￿t 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 janu￿21)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.$54 38.888 >,554 36.554 Tolal ehartty ltsnds 15 th re6o¢¢1 tts aLtixintin9 fKofdS and Ihe prep8TrtK+n Qf fmarwl stsieireni5. 7th 2022. 5ignett on olthe bo* ty.. CHW Greenfield Club Company Limited by Guarantse Notes to the Financial Statements ( Year ended 31 August 2021 G•neral information The ch¥ity 15 8 public benefft entty and a prr*&e company limited by guarnntee. registered in and a registered charty in Engknd and Wales. The a£kJress of the registered Offi￿ 15 Greenr￿Id Cenlre. Park Avenue. Wnlerboume. Brtstol. BS36 INJ. Statsment of ¢ompllan¢• These finanual ststements have been prepared in complonce wilh FRS 102. The Financia Reporting Standard applicable in the UK and the Republic of Ireland.. the Statement ot Recommended PraCt￿e applKable to charitres preparing their accounls in ￿ordance with the Financol Rewh"ng Standard ¥plicable in the UK and Republ￿ ol Ireband IFRS 1021 (Charities SORP {FRS 10211 and the Companies Act 2¢)06. Aceounting polici Basis of preparation The finanual statements have b￿-prePared on the historical cost basis, as n￿dffied ty the revaluation of certain financial assets and IFabilities arbd investment properties measured at fair value through income ￿ expendrture. The financial slalerrents are prepared in sterlwvj. whth is the functK•nal currerKy of the enlty. Going ¢on¢em There are no material uneertainties ab(yJt the Chari￿$ abilrty to e4)ntinue. The charty has made use of the government COMD furlough grant schemes during the year to balance its responsibilil*s 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 L￿e at the discrelK¥) of the trustees to further any of the charty's purposes. Designated funds are unrestrthd fvnds earrna￿ett ty the trUs￿S for partI￿lar 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