WOLSTON LEISURE AND COMMUNITY CENTRE TRUST
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
CHARITY NO. 1090744

WOLSTON LEISURE AND COMMUNITY CENTRE TRUST
REPORT OF THE TRUSTEES
YEAR ENDED 31 MARCH 2023
CHARITY NAME: Wolston Leisure and Community Centre Trust
CHARITY NUMBER: 1090744
ADDRESS: Old School Fields
Manor Estate
Wolston
Coventry
CV8 3PD
TRUSTEES: T Harvey-smith
MS Hesketh
C Brooks
R Lightowler
J Mann
D Hier
LP Kingsbeer
GH Fewkes
P Wilson
S Dobinson {appointed 10 January 2023
C Richley (Appointed 10 January 2023)
All trustees served for the year unless other•iise noted.
STRucfuRE, GOVERNANCE AND MANAGEMENT
The charity was established in March 2001 and constituted under a trust deed.
A Committee of Management is appointed to run the organisation. Under the terms of the trust
deed. the Committee consists of..
Seven elected members
Seven appointed members form various organisations
No more than 3 co-opted members.
The Committee small meet at least 3 times during the year.
ACTIVITIES AND OBJECTIVES
Under the provisions of the terms of the lease the charity may use the Centre as follows:_
"Public Open Space as defined in the Open Space Act 1906 and for community facilities the latter to
comprise a hall to be used for the usual functions a550ciated with a Village Hall including uses
defined in Classes DI and D2 of the Town and Country Planning (use Classes) Order 1987 and to be
for the benefit of the residents of Wolston and the immediate vicinity such use to specifically include
use for youth purposes"
Page I

WOLSTON LEISURE AND COMMUNITY CENTRE TRUST
REPORT OF THE TRUSTEES ICONTINUED)
YEAR ENDED 31 MARCH 2023
FACILITIES
3GA/I Weaujer P
utilised by over 30 different groups with an age range from 5 years to 60+ years. Also, regularly used
by a local football coaching academy for weekly training sessions and fwtball camps in the schix)I
holidays. Hired for children's football parties.
Grass R￿tba1/￿tcheS
5 football pitches for different age categories.
Home ground to Coventry City Girls FC on Saturday mornings, facilitsting I I teams.
Café facility offering hot and cold fcrf)d and drinks for playerslmanager5lspectators.
Utilised by 2 local junior football clubs on Sunday mornings accommodating 5 teams.
Fitn￿ Gym
Available during the day from 8.00am until 2.00pm and in the evening from 6.30pm to 8.30pm (these
times are e¥tended during the wintern70nths).
Approximately 40 regular gym members.
Funrtion Room Hire & Club RLkwn Hire
m￿tingS, conferences, and training sessions with the option of in-house catering providing
refreshments and lunches. On average 10 to 15 bcK)kings per week with regular clients such as the
Poli￿, the NHS and l(Kal authorities.
These rooms are a150 hired by loKal exercise providers for activities such as Yoga and Taekwondo.
Hired for private functions and children's parties.
Luncheon aub
Host a bi-monthly 2-course lunch for the over 50's to include a raffle ticket. The attendees are mainly
residents from Wolston and the surrourKJing vilkges and there is tranS￿rt available to those who
may be isolated.
Page 2

WOLsfoN LEISURE AND COMMUNrrY CENTRE TRusr
CHAIRMAN'S REPORT
YEAR ENDED 31 MARCH 2023
Wethme everyone to the AGM (induding any membets of the publ￿.
It has been a busy year at the Centre, which is very encouraging. My report is quite different to last year having
survived the recovery of COVID.
A new client has joined us on a Wednesday evening for their Club nights and Committee meetings.
Pemiission was granted for Coventry City Girls FC to have a memorial bench on site. This was a lovely gesture, and
the bench 15 located overlooking the pitches.
The All-weather Pitch is still proving FX)pular Ix)th in the winter and summer. It is great to ￿ youngsters attending
the football holiday camps throughout the year.
We facilitsted Coventry Cty Girls FC, Brinklow JFC and Binley Woods JFC with their football fixtures. Monies and
extensive man hours have b￿n S￿nt trying to ensu￿ a gocKI standard of the grass pitches. This is an on4Joing
cause for concern as over tirne they have deteriorated. Safety is our main priorty and we have just accepted a
grounds Maintenan￿ prryJramme with the Football Foundat50n.
We also invested in the purchase of new goalrM)sts for the start of the football season with grant funding secured
from the FcK)tball Foundation. We also received a grant from Wolston Parish Council towards pitch maintenan￿.
Grateful thanks to tK)th.
The Centre was fortunate to receive donated items of furniture from Cemex. Lisa's partner is an employ￿ at Cemex,
and this was a result of an Offi￿ move. I would like to take this opportunty to thank them both in their efforts in
transporting the items in two cars! The Club Room is now thking more professional and comfortable for corporate
M￿tings.
In February, new guttering and facias We￿ Instal￿ at the rear of the building. Both the apexes will need replacing
within the next couple of years but was not viable within this financial year.
The building 15 nearly 20 years old, so there are many areas and items that need replacing or upgrading. The finan￿$
are quite restrictive with little scope for additional expenditure. We need to actively s￿k additional supp)rt and do
more fundraising.
A successful fundraising event held at the Rose & Crown in August, raised a total of £790. Some Trustees took part
and thanks to everyone who donated prizes andlor bought raffle tickets. Another date has b￿n booked for Saturday
2 September 2023.
If anyone has any other ideas to raise funds, please let us know!
Thank you to all stsff for their efft)rts aTKI supwrt in the srn￿th running of the Centre.
Finally, many thanks to the Trustee5 and volunteers for all their help - whether it is football pitch markingi covering
the Centre on an evening, serving dinners at the Luncheon Club, or making valuable contributions at meetings.
arve -smith
Chaimian
Page 3

WOLSTON LEISURE AND COMMUNrrY CENTrE TRusr
FINANCE REPORT
YEAR ENDED 31 MARCH 2023
Thank you to Paul Dickins for his support and patience during the examination of the accounts and to
Debra Knighton for the Independent Examinerfs Report.
Thanks also to David Hier for the financial data produced to help keep us on track with the projected
tsrgets etc. Trustees are given this information at the quarterly meetings. If there are any areas of
expenditure that needs to be paid out before the Trustees next meet, then approval is sought via email
andlor telephone.
Accounts for the year ending 31 March 2023:
Operational Income: £109,447 - The main generators of income are from bookings in the
Function Room at just under £40,000, the Club Room at £25,000 and the All-weather Pitch at
£25,000. The Club Room bookings for corporate rn￿tings have increased substantially over the
past 12 months.
Donations and Grants: £6,802
Donation received from Coventry City Girls FC acknowledged with thanks
Fundraising event: £790
Football Foundation grant of £3,600 towards the purchase of new goalposts plus £200 from
Binley Woods JFC which are acknowledged with thanks.
Wolston Parish Council grant of £1,500 to assist with the costs of maintenance works to the
football pitches.
Operational Expenditure: £111,217 - the main expenditure being wages and utilities.
Capital Expenditure: £7,824 - for the purchase of the new goalposts. (Further detai/s are given
below.
Cash funds at 31 March 2023 were £23,582.
Monies held in reserve of £1,650 for the Wolston Youth Project.
In November 2022, the Trustees agreed to the purchase of new facias and guttering. This was an
unforeseen cost, but it was vitally important that the outside of the building was weather-proof. Monies
that had been allocated for other items of expenditure, which had not already been spent, was put on
hold. The total cost for the repairs was £3,683.
At the Extra-ordinary meeting in June 2022 (fo//owing the AGM), the Trustees agreed to purchase new
mobile goalposts for the grass pitches. These would be purchased ready for the stsrt of the football
season in September 2022. Grant funding of £3,600 was received from the Football Foundation towards
the purchase. The amount payable by the Centre was £7,824 (plus VAT). It was foreseen that this
expenditure would put the Centre at a financial loss at the end of the year. However, the Trustees
decided that the purchase was vitally important in view of the poor condition of the existing goal[￿.
With the purchase of new goalposts, facia repairs, wages and utilities, I believe the Centre did well not
to make a 'massive' loss. If the VAT figures on the income and expenditure columns are dedutted, then
I calculate the loss to be £1,243.
Many thanks to the Trustees that cover the Centre on an evening and on other occasions. And extra
special thanks to the Chair, Mr Harvey-smith, who has been spending several hours a week at the
Centre helping with some of the bookings, assisting in the cafe on Saturday mornings and covering other
evenings when Trustees are away on holiday. Not only does this support keeping the wages expenditure
down, it also helps members of staff during really busy times.
Finally, a massive thank you again to the staff for all their hard work.
Lisa Jones
Centre Manager
Page 4

WOLSTON LEISURE AND COMMUNITY CENTRE TRUST (Charity No. 10907441
ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023
OPERATIONAL
Recelpts:
Unrestricted Restricted
Total 2023
Total 2022
Unrestrirted Restricted
Operational Income
Donation5 and grants Inc. COVID 19 and furlou8h claims
Bank Interest
Wolston Parish Council
VAT on income
109,447
3,002
49
109,447
6,802
49
82,724
40,797
82,724
17,425
3,800
23,372
1,500
1,500
20,796
138,594
1,500
13,495
138,518
1,500
13,495
115,146
20,796
133,294
5,300
23,372
Payments:
Operational expenses
Capital expenditure
VAT on expenditure
109,427
4,024
7.027
120,478
1,790
3,800
111,217
7,824
7,027
126,068
99,772
32,776
10,893
143,441
96.454
12,324
10,893
119,671
3,318
20,452
5,590
23,770
NET
PAYMENTS
RECEIPTS from O
erations
12,816
12901
12,526
(4,923)
14,525
{398)
VAT- receivedllpaid} to HM Revenue & Custom5
114,2741
114,274)
1.836
1,836
Cash Funds at l April 2022
23,390
1,940
25,330
28.417
26,079
2,338
Cash Funds at 31 March 2023
21,932
1,650
23,582
25,330
23,390
1.940
Approved on behalf of the Trustees on
T Harvey-smlth
Trustee
Page 5

WOLSTON LEISURE AND COMMUNITY CENTRE TRUST
NOTES TO THE ACCOUNTS
YEAR ENDED 31 MARCH 2023
l. The accounts are prepared on a Receipts and Payments basis and take no account of
amounts owing by or to the Trust.
2. Unrestrfcted Funds are available to spend at the Trustee5 discretion.
They are spent on the operation of the centre with any surplus being used for future
expenditure of a revenue or capital nature.
Designated funds are unrestricted funds that have been set aside by the trustees for
particular purposes.
Restricted Funds are funds on which the expenditure is restricted by the donor.
At the year end the restricted funds are in respect of donations £Nil (2022-£2901 and
Wo15ton Youth Project £1,65012022-£1,6501.
3. The Cash Funds shown on the accounts comprise:
2023
2022
Cash and cheques in hand
Current Account
Deposit Account
204
393
1,378
937
22 000 24 000
£23 582 £25 330
Our bankers are Lloyds Bank Plc.
4. At 31 March 2023, the Statement of Assets and Labilities was as follows:
2023
2022
Fixed assets at estimated net book value
Centre
All weather pitch
Other assets used within the centre
288,920 298,240
315.252 325,276
Current assets
Amounts owing to Centre and payments in advance
Cash and bank
3,548
4,452
Current liabilities
Amounts owing to suppliers, VAT due and other creditors
8.785
6.818
£335 597 £348 240
Page 6

WOLSTON LEISURE AND COMMUNITY CENTRE TRUST
NOTES TO THE ACCOUNTS (CONTINUED)
YEAR ENDED 31 MARCH 2023
In arriving at the estimated net book value of fixed assets, the trustees have had to make
assumptions about the original cost of the fixed assets as this information is not readily
available.
5. The buildings have an insurance value of £3.4 million and the contents an insurance value of
£107,OtK). Capital expenditure is written off in the year of purchase.
6. In the unlikely event of the centre being unable to operate all the assets and liabilities would
revert to Wolston Parish Council as Custodian Trustee.
Page 7

Independent examinerfs report to the Trustees of Wolston Leisure and
Community Centre Trust
I report to the trustees on my examination of the accounts of Wolston Leisure and
Community Centre Trust (the Trust) for the year ended 31 March 2023 which are set
out on pages 5 to 7
Responsibiliti&S and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Art 2011 Cthe Acfj.
I report in respert of my examlnation of the Trusys accounts carried out under s.
145 of the 2011 Act and in carrying out my examinats'on I have followed all the
applicable Direction5 gbven by the Charity Commission under s. 145(5)(b) of the Act.
Independent examlnerfs ststement
I have completed my examination. I confimi that no material matters have come to
my attention in connection with the examination giving me cause to believe that in
any material respect:
(l)accounting records were not kept In respect of the Trust as required by Section
130 of the Act; or
(2)the accounts do not accord with those records; or
(3)the accounts do not comply with the applicable requirements conceming the form
and content of accounts set OLrt in the Charities (Accounts and Report5) Regulations
2008 other than any requirement that the accounts give a ￿ue and fair view which
is not a matter considered as part of an independent examination.
I have no COn￿mS and have come across no other matters in connection with the
examination to which attention should be drawn in this report in order to enable a
proper understarKling of the accounts to be reached.
Signed
Name: D C Knlghton
Relevant professional qualificatlon or tx)dy: FCCA
Address: Spencer Gardner Dickins
34 Coventry Innovation Willage
Cheetsh Road
Coventry
CVI 2TL
Date..
SlL)Mo 2013
Pa8e 8