Ten-Em-Bee Sports Development Centre A Company Limited by Guarantee Charity Registration No. 1090441 Company Registered in England No. 04231843 Report and Unaudited Financial Statements For the year ended 31 December 2022
-Bee S elo men Staws: Company limited by guarantee no.04231843 Charity registrdtioTr r•o.' 1090441 The Companrfs governing document 15 Tts Mernorandum and Artides of Association dated I l June 2001 as amended 28 January 2002 Registered Office: 120A Old Bromley Road Downham Bromley. BRI 4JY Twstees: Donald FaFrman Jennifer Dussard Frank Stanislaus Eugene Dussard Pavl PaEmer Richard Baillie Independent examiner. Shmti Sonl FCCA FOE Shruti Sonl Ltd Chartered Certified Accountants 17 7a St. John'5 Hill Se¥enoaks Th13 3PE
ortsD Trustees. Report for the year ended 31 December 2022 The trustees present thelr report and the flnandal stattments for the ar ended 31 Deternber 2022. This Is a direttor5' tTporr required by s47 7 of the Companles Att 2006 and all trustees are dlrertors. This Trustees Report and the assodated Financial Starements have been prepared in accordance with guidance for preparlng Charity Accounts and Rewjrts presented in °Accounting and Reportlng by Charitles.. Statement of Recommended Practice" and are therefore in accordance with the Financial Reportlng Standard appllcable in the UK and Republic of Ireland {effective l January 2079} - ICharltle5 SORP FRS 102) together th The Companles Act 2006 and the requlrefflents of the Memoyandum & Articles of Association. The objects of the charlty are for the public In the Downham area of the London Borough of Lewisham and the adjacent neighbourhood5. to advance education and to provlde and assist in rhe provlsion of. facilitles for recreatlon In the interests of soclal welfare and so that the conditions of life of the beneflciatie5 fflay be Improved. The main objertives and activities focused on the promotion of the Educatlon and Sport Development Programme which enables young people who may. or have under achieved at school and excluded from mainstream sport. Athlevements and Perfommnce We currently have one11 I staff member (faalhies operatfions managey and one {l) ground5man contractor, TO volunteers and slx16) trustees. There Is currently one alIable place on the Board of Trnstee5. We continue to develop partnershlps with the local community by holdlng free open tralnlng sesslons for both boy5 and girls at Ten-Em-Bee ery Saturday. The parthershSp is based on Ten-Em-Bee supportlng groups with opportunltle5 forcoarhes to participate In delIrIng coathing sessions to gatn valuable expertence as well as taking part In coachlng IOUTses. There wlll a150 be opportunities for the group to have events at the facilitry. Agreement with Beckenham Cricket Club will see the development of youth Crlcket during the summer weekdays at Ten-Em-Bee. Thls will see under I I s, 13s and 7 5s Cricket teams from the North Kent Junior league play weekday and Sunday morning cricket at the venue. This Is the start of our longer term plan to see the contlnutng development of youth cricket at Ten-Em-Bee Sport t)evelopment Centre. Our qualified coaches continue to work wlth local schools in the area to promote sports and help In their well belng. The Ten-Em-Bee youth football development program cc>ntTnues to develop vlth 14 youth teams now created. This Indudes 14 youth teams from under 8s to LEnder 745. Ten-Em-Bee also have one senior team In the Kent Country Leagu who ¥thi the London junior Cup. The coaches education program will continue to be delivered by qUlfied FA Coache5 who have their Level l and 2 Safeguarding ChlldrÈn and First Aid Cerrifjcates. The students wlll be monitored and evaluated through ylouS skill tests. drills training, and competltlve matthes.
Ten-E Trustees, Report for the year ended 31 December 2022 Ten-Em-bee have also spearheaded the Lewlsham Football Partnership wlth HF Sports Paulista and Moonshot. Th15 wlll Involve creatlon of a further two teams at Under 15s and Under 76s level playing in the Kent Youth League. These youth teams will come under the IlShaM Borough name, but home games played at Ten-EM-Bee. The Lewisham Football Partnership at senlor level wlll Incorpornte both, Lewisham Borough Football Club and Forest Hlll Park Footb1 aub. WI iM)th play in the SCEFL League and use Ladywell Area as thelr HOMÈ Ground. Although we have not yet created a girts football team. during the season Milhmall girls under 145 and under 165 football teams use the fatilttie5 for some of thelr home flxtures, Structstre, Governance and Management The organlsatlon Is a charttable compary Ilmlred by guarantee, Incorporated on I l June 2001 and reglstèred as a charity on 5 Febniary 21X>2. The Memorandum of ASlatIOn sets our the company's objects and power5. The operatl)n of the company is governed by ts Artides of Assoclatlon. The organisation is governed by a Board of Trustees elected by the members. In the event of the company Ing wound up. the members of rhe Chaty guarantee to contribute an amount not exceedlng £1 to the a55ets of the company. Publk Benefft The Trustees ct)nfirm that they have read the Charlty Commission guidance on publlc benefit. The publlc benefit is applied in two principal ways. Flrst. memr5 of the public have the opportUnFty to enhance thelr quality of life and sense of well-belng through engagement with and panlclpatÉon in artivFtie5 and events that brfn9 people together. leading to imprrnerrts In physlcal and emotional well-belng. quality of life and a more stsble and cohesive community. SecondEy. the dirert benefft that fl¥S from thls Is the increased efficiency and effecttveness of the community and voluntary groups and organlsations that use the facilitie5. resulting in enhanced outcomes nd seThlce deli¥ry and. con5equentty. an irnproved quality of life for those who bpnefft from the work of these groups and organisations. The public benefits that flow from thi5 are tn an enhanced environment. leading to improved health and a better quallty of Ilfe for the public Flnanclal Revlew The charity had a surplus for the year of £13.925 (2021: £34.939). The Charl5 total iOme for the year was £102,340 12021: £1 09.366). Its expenditure for the year siood at £88.415 {2021". £74.42TJ Princl al Fundin Sources The prlnclpal fundlng sources for the charity is the hiring sates. and lettrng of the sport facilit¥e5, the funrtion room and social area5 including the café I bar. The tnjstees t•vIII be putting a 5% increase on drinks and servi(es to take into accounts the raising cost of materlals. rves Poll The poll£y of the Trustees Is to maintain such reseEves as VAII ensure the lon9 term vlabillty of the Charity and enable k to fulfil its objeas for the foreseeable tUre. Trustees consider ir reasonable to maintakn six months running Cost as resen5 which are estimated to be approximately £20.000. Unrestrlaed reserves are available. at the di5(retioTr of the TTY5tee5. to further the general objects of the tharity. The unrestrlcted funds avallable to the charity as at 31 December 2022 were £1 16,731 12021. El 02,698).
-Em- rtsD men entre Trustees. Report for the year ended 31 December 2022 Thi5 has been a(h}ed by klentifying such rfsks where w)sslble. minimising them and maklng sure any harm that mlght èrise Is of a mlnor consequence to the carryfin9 Out of such purpose. Goln The Trustees are Satisfied that the Charity will continue to be a going concern for the foreseeable fvt4Jre. There Iras no long-temi adverse effect on the Charity due to CONryLPI 9. The booking and hire of the fadlltles has picked up and we are now seolng a high demand for hall hire. We Still feel we have to keep an eye on unnecessary expendlture as (ontinue irto 2023. Statement of Trustees. Responslbllloes The trustees (who are also dlrectors of the charftable company for the pur$t$ of tompany law) ar responsible for preparing the Tnjstees. Annual Report and the finanoal statements In accordance with applicable law and United Kingdom kcounting Standards (Unlted Kingdom Cenerally Accepted Accountlng actlce). Company law requlres the trustees to prepare financial ststemerrts for each financial year which give a true and fairvlew of the state of affalrs of zhe charFtable Company and of the Incoming resources knd appllcatlon of resOue$. induding the income and expendttureof the dwritable company for that periryl. In preparing these flnanclal statements. the trustees are required to: a) select suitable accountlng policies and app]y them con5i5tentr. b) observe rhe methods and prlnciples in the Charltles SORP c) make Judgments and accounting estimates that are reasonable and prudenr dl state whether appllcable UK accountfng standards have been followed. subject to any material departures dlsdosed and explained In the financlal statements; e) prepare the flnanctal stateEnents on the going ioncem basis unless it fs inappropriate to presume that the charftable company WFII continue in operation. The trustees are responslble for keeping adequare accounting record5 that disclose with reasonable accuracy at any tlme the financial position of the charitable company and enable them to ensure that the financlal stateTnents comply viith the Cornpanies Att 2006. They are also responsible for safeguarding the assets of the Charftrab compaTry and hence for taklng reasonable steps for the prevention and detection of fraud ar other Irregularttles. This report whlch has been prepared Irk accordance with the spÈclal provlsions relating to companles subJett to the small companles reglme wlthin Part 15 of the Companie5 Act 2006, was approved by the on 09.9(Q3 and signed on Its behalf. Trust Namè:
Independent Examinerfs Report to the Trustees of Ten-Em-8ee Sports Development Centre I rewrt on the financial statements of the company for the year ended 31 December 2022 as set out on pages 5 to 15. Responslbiiities and I15 of reporr As the charity trustees of the company land also lis direttors for the purposes of company lawl you are responsible for the preparatron of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Att?. Having satisneu my5eTr that tne accounts ot tne company are not requirea to be auattea unaer Ydrt 7 6 of the 2Q06 Act and are eliglble for Independent examination. I report In respect of my examination of your compan5 accounts as carried out under 5ecEion 145 of the Charities Act 2011 ('the 2011 Arf). In carrying out my examination I have followed the Oirections given by the Charfty Comm155ion under section 14515)(b) of the 2017 Act. Independent examlnerfs 5¢ement I have completed my examinatlon. I confirni that no matters have come to rny attention in connectlon with the examlnation giving me cause to believe th in any material respect". accountirw records were not kept in respea of the compary as required by section 386 of the 2006 Act; or the accounts do not accord WFth those records; or the accounts do not comply with the accounting requirements of secrion 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view. whlch is not a matter consldered as part of an Independent examination., or the accounts have not been prepared in accordance wsth the methods and principles Ot the Statement of Recommended Prnitice for accounting and repDrting by tharities lapplicable to charities preparing thelf accounts in accordance with the Financial Reporting Standard appllcable in the UK and Republlc of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examinatlon to whlch atteniion should be drawn in this report in order to enable a proper under51anding of the accounts to be reached. Shnrtl Sonl FCCA FCIE Shrutl Soni Ltd • Chartered Cenified Accountants 117a St John's Hill Sevenoaks TNI 3 3PE Date.. 2810912023
Ten-Em-Bee Sports Deveknpnient Centre 5tem¥rt rf1lnan¢ acrhfiks fincorpordting an incc¥ne and expenditure account) ended 31 Decem2022 2022 Total UTrFeStri(ted RestFiCted Unrestricted Restricted 2021 Totsj Note Income frtjm: Donatlons and lega£ie5 CharrEable acEivities Yotrth sports development programme Other trading actiV4ties InvestEnents- bank interest Other - bank charges refund 20,OIXI 66.488 10.050 76.538 12,789 60.732 73 8.745 21,534 60.732 6.632 26,191 6,632 26.191 93.595 8.745 102.340 99,316 10.050 109.366 Expendlture on: Raistn9 funds Charitable activFtles Youth and General Sport5 de¥elopment programme Total expendlty¥e 79.562 8,853 88.415 64.233 10,194 74.427 79.562 8.853 88.415 64,233 10,194 74.427 14.033 {ios) 13.925 35,083 {I 44) 34.939 Reconaltatkn of funds: Totsl funds broLyJht forward Total fvnds anied fonwd 102.698 1.039,127 1.141.825 67,615 1.039.271 1.106,886 102.698 1.039.127 1,141.825 17 116.731 1.039,019 T.155.750 All of the above results are det7d frDm contlftuTrng a(le$. There vwe er reccojnised gains or kn55e5 other than those stated ab. Mownents In fund5 are disd0s in Nfft 17 10 thenKl $eMerrfS.
Ten-Em-Bee Sports Development Centre Comparry no. 04231843 22 2022 2021 Flxed assets: Tangible assets 1.044.499 1.045.893 Current assets: Stock Debtors Cash at knk and in hand 1,1)44.499 1,045.893 13 14 1.495 150 118.724 1.160 4,841 94,988 TOl.l)09 Llab115ttes: Creditors.. amounts falling dye thin t)ne wr T 19.769 8J18 5,077 Net cuwent assets i (kabilith5) 111251 95,932 Tottl ass*ts i rnabillues) 1.755.750 1.141.825 The funds of the thartty: Restricted in£ome funds Unrestricted income fvnds= Designated fund5 General funds 1,039.019 .039.127 13.737 102.994 13.737 88.961 Total unrestritted fvnds l T6.731 Total funds 102.698 1.155.750 1.141.825 For the year endlng 31 December 2022. the companywas entitled to exemption from audit urrtler settion 477 of the Companies Act 2006 relating to small companies. Trustees. Responslbi1Stle5." - The members have not rEquired the company to obtsin an audft of financial Star•ents kn the year in question in accordance with section 476 - The trusiees acknowledge therr resPnSIbIlIty for complyrng the requirEments of the Act with respett to accourming recoFds and the pparat[On of financsal sratements. These finanual 5tatemerrts. whrch have been prepared in accordaKe with the Special provt540ns relatkng to the small companies re9ime within Parr 15 of the Companies Att 2006 and in accordance with the FinanclaF Reporting Standard applrcatile in the UK and Reptsblic of Ireland (FILS T 02) leffeaive l January 2015). were proved by the Board on ..2025 and stgned on tts behalf by: Trustee Name: Date.. 20-9_ IS
Ten-Em-Bee Sports Development Centre 20 l Accounting poli(ye5 a) Basi5 of prEparation The financial statements have been prepared in accordance with Accounting and Reporting by Charitse5: Statement of Recommended Praaice applicable to charities prefwing their account5 in acmrdance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019) - (chitIeS SORP FRS 7021. the Financiaj Reportrng Standard applicable in thè LIK and Republlc of Ireland IFRS 102) and the Companfftes Att 2006_ Ten-Em-Bee Sports Development Centre Is a charitable company limited by guaranteÈ gIstered in England with registration number 04231843. Its registered office address is 720A Old Bromlev Road. BRI 41Y. The accounts are Dresented in GBP rounded to £1. Assets and liabilities are initialFy re(09nised at historical cost or tr4nsaction value unless Othernise skted in the levant accountfng policy or note. b) Public benefrt endty The charitable company meets the definitlon of a public benefft entity under FRS 102. ¢ Going concem The trustee5 consider that there are no materlaj uncerta*nties atryjut the charitable companvs abflty to continue a5 a golng concern. Key Judgements that the charitable company has made which have a significdnt effect on the accourrt5 include estimation of net realisable valtse (rf fixed assets. The triF5tees do not consider that there are ary source5 of estimation uncertainty at the reportin9 date that have a significanr risk of causing a materlal adjustment to the orrying amounts of assets and liabilities wiihin the next reporttng period. Income Income is recogni5ed when the chaiity has entitlement to the funds. any perfomiance conditions attathed to the income have been met. it is probable that the income will be recerved and that the amount can be measured reliably. Income from govemmerrt and other grants. whether 'capital' gTrnts or 'revenue' grants, is retognised when the charity has entitlement to the fund5. any performance conditions attached to the grants have been mel it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income received in advance of the provlsion of a spe(ified Servi is deferred until the criteria for income recognition are met. e) Donatlons of gift5. selvkes and faclitles Donated professional 5er¥ices and donated fa<ilitie5 are recognised as income when the charfty has control over the item or received the service. any conditions associated with the donation have been met. the recelpt of economrc benefit from the use by the charity of the item is probable and that economic benefit can be measured relFably. In accordance wrth the Charities SORP IFRS 102). volunteer rime ss not recognised so refer to the trustee5' annual report for more lnfonnatlon about their contribution. On receipt, donated gifts. professional services and donated facilities are recognised on rhe basis of the value of the gift to the chartty which Is the amount the thariry Uld have been llIng to pay to obtaln 5e¥vices or faciltties of equivalent economic benefft on the open market. a torresponding amount Ès then recognised in experKliture in the wiod of recelpL
Ten-Em-Bee Sports l)evelopment Centre For th 31 December 2 22 l Accounung pollths (Cffitinued) fi Interest recelvable Interest on fvrS held on deposit is ifFcluded when recefivable and the amount can be measured reliabty bv the charity. this is nornialty upon notification of the interest paid or payable by the bank g) Fund accoundng Restritted funds are to be used for specific wrposes as laid dovm Iprf the donor. Expenditure whtch meets these criteria is chargod to the fund. Unrestricted funds are donations and other incomlng resources received or generated for the chafitable purposes. Deslgnated funds are Unrestricted funds eamTked by the trustees for particular purposes. h) Expenditure Expendituro is recogni5ed once there is a legal or construttive obligation to make a payment to a third party. it is probabje that Settlement will be requireil and the amount of the obligation can be measured reliabty. Expenditure is Classified under the following actiwry headings." Costs of raising funds relate to the costs incurred by the charitable company in inducing third parties to make voluntary contribution5 to IL a5 well as the cost of any activities wilh a fvndraising purpose Expend1tts on charitable aCtIvrieS includes the costs of performances and choral singing acti¥ties undertaken to fur(her the purp05es of the charity and their associated support COSts Other expenditure represent5 those item5 not falling into any other heading D Allocatlon of support costs Resources expended are allocated to the partloJEar actiVFty the the cost relates dirertty to that acttvity. However. the cost of overall direction and administration of each actNity. comprising the salary and overhead costs of the centra] function. is apportioned on an estimate. based on staff tlme and number of tearn5, of the amount attribtrtable to ea(h activlty. Operating leases Rental charges are charged on a strnTrght line basis over the terni of the lease. k) Tanglbl¢ fixed assets Items of equipment are capitalised where the purd)ase price exceeds £500. Depreciation cost5 are allocated to activities on the basis of the use of the related assets in those artivities. Assets are reviewed for impaimient if circumstances indicate their carrying value may exceed their net realtsabte value and Yalue in use. Improvement to premises date back to 2003-21)04. These include c05t of construrtion for building faciliries and improvements to land and pitches among other things. Due to the historic nature of these costs it is impracticle to reasonably est¢mate the the costs of building facilitie5 alone for accounting and depreciation purposes. Given that iFnprovement to premlses mostly consists of land the trustees believe that the net realisae value of the premises can be reasonable estimated to be the same as cost and hence consider that there is no needs to provide depreriatton. Depreciation is provtded at rdtes alojlated to write down the c05t of eh asser to its esiimated residual value over its expetted useful life. The depreciation rates in use are as follows: Fixtures. ffftlngs and Equipment 25% on reducing balan
Ten-Em-Bee Sports Development Centre Forthe mber 2 22 l Accounting l(leS (coniimied) Sto Storks are stated at the lower of cost and net realt5able Yalue. In general. cost is determined on a first in first out basi5 dnd includes rransport and handling costs. Net rliSable value is the price at which stock5 can be sold in the nomal course of business after allowing for the costs of reallsation. Pm¥ision is made where necessary for ob501ete, slow moving and defertive stocks. Donated iterns of stotK held for distribution or resale, are recognised at fair value which ts the amount the charity have been willing to pay for the items on the open market. m) Debtors Trade and other debtors are recognysed at the settlemem amourrt due after any trade discount offered. Prepayments are valued at the amount prepaKI net of any trade disCOUrt5 due. n) Cash at bank and In hand Cash at bank and cash frn hand includes cash and short term highly liquid investments wsth a short maturity of three months or less from the date of acquisitson or openÈn9 of the deposit or similar account. Cash balance5 exdude any funds held on beha of setrvice users. o) Creditors and wovision5 Creditors and provisions are Ognised where the clwity has a present obligation resulting from a past event that will probabty result in the transfer of funds to a third party al the amount due tts settle the obligation tan be measured or estimated reliably. Creditots and provisions are nor¥Ftalty recognised at their settlement amount after allowing for Y trnde discounts due. The charity onty has fiTranaal assets and finanoal liabilities of a kind that qualify as basic financial instruments. Basic financral instruments are initially recognised at transaction value and subsequently measured at their settlemert value with the exception of bank loans whith are Subsequently measured at amortised cost using the effettive interest method. 2 Income frnm donatlons and legacies 2022 tottl 2021 Total Unrestricted Restricted Sport5 Bursary Grant Donations Government COVID grafrt 10.050 37,826 28,662 20.000 20.000 20,000 In 2021 £66.488 was unrestrfitted and £l0.550 was resuicte 20,000 76.538 3 Incom¢ from tharilable aaivltles 2022 Totsl 2021 Total Unrestricted Restriaed Youth sports development prograrnme Football Fee5 Other Easter Camp Funding 12.087 702 12,087 702 8,745 4.138 2.494 8,745 Total income from charftable a(tivitles 12.789 8.745 21.534 6,632 All income In 202T was unfestricted
Ten-Em-Bee Sport5 Development Centre For the erKled 31 December 22 4 Income from other tradlng acD¥ttses 2022 Total 2021 Total Unrestritted Restricted Sportsihall hire faolities Bar and cafe income (note S) TenEmBee soci Dance fundrasing event 33.755 26.229 748 33,755 26.229 748 16.716 9.475 60.732 60,732 26,191 5 Bar aFKI café Income 2022 Total 2021 Total Unrestricted Restricted Bar and cafe 5ale5 Opening Stock Puchases Closlng Stock 52.328 (7.180) (26.414) 1.495 52,328 (1.180) (26,414) 1.495 20,702 (704) 111.703) 7,780 Gr05s Margin 26229 26.229 9,475
•xled 31 Youth and Cost OF raising dewelopment fu¥Jds progfarrti 2021 Costs 2022 T(rtal staff costs INote 8) Ad¥ertislng 8ank Char9es Cleanlng Websiie *ede549 Consultancy Fees Depreclauon Equlpment Hire General EXnseS GrourTd Maintenan IndeperEdeffl examjnatlon Inswance UcerKe5. Subscrfption & Regtstt0t1 Costs MIn1bS Expenses Rent, Rates & Utflltles RepaSr5 & Tenewal Sport5 EqutpmenL (onsurnables & fee5 5.927 5.921 Z84 4.971 4.971 1.864 6,134 634 2.399 .610 4.773 9.347 1.300 S407 1.276 1,279 9.061 12215 .934 1.934 2.292 3,188 9.742 1.963 8,481 1.494 1,404 20.030 8,091 1&620 2292 3.188 9.742 1.963 8.481 1.494 1.404 20,030 8.091 18.620 39.473 48.942 88,41 5 74.427 Support (osts 44942 (48.9421 415 88A15 74h27 Ofthe to expendiiur4 £79,¥32 was (2021.. £64.2331 and £8.583 va5 stricted1202I.. £10.1941. Cost of Supw)rt costs 2027 T¢tsl funds de%thpmeni Staff msts (Note 81 Adverd51ny Bad Debts WrlTh Off Bank Charge5 Cleanin9 Website Rede9 Consuliancy Fee5 DepTe(&kno¥J Equiprnelli Hi General Expense5 Grr4JTrd Maintenance IndependerEt examinatitirk It)surance LlcEn<es, SLrb5crlptlon & ReyF5tsats Qtsts Mlnibu5 Expeftses RenL Rate5 & Uttiltles Rewr5 & rtnewal Sports Equiprnent. Consumables & fee5 6.000 1.864 6.134 634 2.399 1.864 6.134 634 2.399 J.610 4.773 9,347 1.300 5.407 1.276 1.279 9.061 12,215 I10 4.773 9.347 1.300 5.407 1276 1279 9.061 12.215 11.710 30,622 43.805 43.805 (43.8051 T4.427 5ppOrt Costs expErHlitsre 2021 74.427 74.427
Ten-Em-Bee Sports Lkvelopment Centre
31 £*cembtt 2022
7 Nei Incomlng for the yr
Thi5 is Stated after chaTging I credltlng-
2022
2021
Depredatlon
1,935
2.399
8 Staff cosl Trustee remunerakn and expenses
Staff costs were as follows:
2022
2021
Salarles and wages
Socia] securfty costs
5.921
6,000
5,921
6.000
No employee earned more than £60.000 during the year {2021: nil).
The charity trustees were not paid or recei¥ed any other beneffts fr4)m •nployment with the charity in the
year12021: £nil). No charity trustee received paent for profess5onal or other servi
Ten-Em-Bee Sports Development Centre ended 31 Decem 2022 12 Tangible fixed assets General Ffxture5, xtures. to werrtse5 equInt equlpment Cost or valuatlon At the start of the year Addltlons in year 1.038.696 76.279 29.656 541 1.144,631 S41 At th¢ end of the year 1.038.696 76.279 30.197 1,145,I 72 Depredatlo At the start of the year Charge for the 3T 75.848 108 22.890 1.827 98.738 1,935 At the end of the year Net book value At the end of the 75.956 24.717 100.673 1.038.696 323 5,480 1,044,499 At the start of the year 1,038.696 431 6,766 1,045,893 All of the above a55ets are used for chaTitable purposes. Improvement to premises date back to 2003-21)04. These include cost of construction for building farilitie5 and Improvements to tand and pitche5 among otr thlngs. Due to the hi5torrc nature of these costs It Is impratttcle io reasonabty estimate the costs of building facilities alone for accounting and depreclation purposes. Given that improvement to pmiseS mostty consists of land thè trustees believe that the net reali5able value of the prem15es can be reaSonae estimated to be the same as cost and hence conSer that there Is no needs to provlde depredatlon. 13 Stock 2022 2021 Flnlshed goods 1.495 1.180 1.495 1,180 14 Debiors 2022 2021 Trade debtors Other debtors 50 100 1.390 3.451 150 4,841 15 Credltors: amounts fallng dye 1th1n •y* 2022 2021 Trade creditors Qther credltOFS Accruals 3.243 3.577 5,275 1,500 &518 5.077
TeEM-Bee sports Development Centre ended 31 Decents 2022 16 Anafysls of net assets betsyeen fund5 General unrestricred Designated Restrirted Total funds Tangsble flxed a55ets Net current assets 5.480 97.514 1.039,019 T,044,499 111,251 13.737 As at year eThled 31 December 2022 102.994 13.737 1.039,019 7.155,750 General Designated Re5trirted Totsl funds Tangible fixed assets Net current a55ets 6,766 82,195 T.039.127 1.045,893 95,932 7 3.737 As at year ended 31 December 2021 8&961 13.T37 1,039,127 1,141.825 17 Mo¥¢ments IA fuN15 Incoming re50urie5 & gains Outgoin9 reSoUeS & losses At31 At l January 2022 Transfers 2022 Restrfrted funds: Premlses Improven7ent and fixtures and equipment5 LB Lewlsham - Holiday Aaivtles & Food programme 1.039.127 {108) 1.039,019 8.745 18,745) Total restrfcted fvnd5 1.039.127 8.745 18,8531 1,039,019 UnRstrfcted fvnds." Designated funds: ASTRO turf 13,737 13.737 General fund5 88.961 93.595 (79.5621 102.994 Totsl unrestrlrted f5 T 02.698 93.595 {79.562) 116,737 Total funds 1.141.825 102.340 (88.415) 1,155,750
Ten-Em-Bee Sw>rts Development Centre 22 7 7 Movements in fiinds (contlnued) Incoming resources & gains Outgoing resources & 1055es At31 Ar l January 2021 Transfers 2021 Restricted fvnd5: Premlses improvement and fixtLtres and equlpments LB Lewi5ham - Hollday Activrles & Food programme 1.039,271 (144) 1,039,127 10.050 {10.050} Total Te5trlcted funds 1.039271 10.050 (10.1 94) 1,039,127 unR5C[ed fvnd5: Designated funds: ASTRO turf 13.n7 13,737 General fvnds 53.878 99.376 {64.2331 88,961 67.615 99.376 (64.2331 102.698 Total fvnds 1.106.886 109.366 (74.42n 1,141,825 Purposes of restTlaed funds Re5tr1aed funds represents the amount equal to the net book value of Premises improvement and Fixture5 and equipment funded through restricted (apttal grant in ealler years. Purpose5 of deslgnated fund5 DUÈ to the recent uncertalnties 5urroundlng COVID 19 the trustees decided to not set aslde any fund5 for improvements to AsfRO truf at the Ènd of its lrfe in the near futur 18 Legat status of th¢ tharlty The charlty Is a company ltrrnited by guararrtee and has 110 Share capital. The liabllity of each member in the event of winding up Is limlted to £l_