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2023-08-31-accounts

We have had a really successful year with the continued increase in our class numbers and sizes in High Wycombe, together with starting the new project in Aylesbury.

Kirsty has done an excellent job both in growing our existing classes and creating the new ones.

To keep the club running, we rely heavily on fund raising. We have continued to find this more difficult than pre-covid but have just completed the best year for funding since 2018/19, turning the corner with the first positive income versus expenditure since that time.

During the year we received donations from some of our regular supporters and also some new ones, with some fund raising from parents and members, but the main difference has been in our grant submission, for which I mainly thank Gloria who took on this very difficult roll...

To continue at this level will be a significant challenge in 2023/24. And to keep the club running even at its current level, costs have risen dramatically over the last few years and continue to rise, with growth of course adding more cost. For that reason, unfortunately we have to look at your fees.

We have prided ourselves in managing to keep our fees at the same level for ten years.

I warned you at this meeting last year, that this would have to kept under termly review. We have managed to continue this for the year, but I now must propose an increase in fees. My proposal is for membership to increase in April from £30 to £35 and fees to move from £50 to £55. Could I have a seconder for this.

Horizon Sports Club

(Registered Charity Number 1093897)

Income and Expenditure Account for the year ending August 31, 2023 2023 2022 Income Fees f16,095.OO El 1,475.00

Expenditure Donatons and fund raising
Grants
Membersh ip fees
Interest on Building Society Account
Total receipts
Facilites hire
f9,278.25
f33,629.OO
f9,680.oo
f554.29
f69,236.54
fO,444.60
€14,170.52
f5,OOO.OO
{6,925.00
E16.55
f37,587.07
E9,064.10
Coaching & volunteer courses fO.OO f300.OO
Coaching fees f14,494.65 f13,560.OO
Subscriptons €110.00 f140.oo
Insurance f2,599.45 El,947.47
Equipment and maintenance f350.OO €0.00
T -shirts etc f159.60 f411.OO
Printng and statonary f106.40 €118.58
Ofce equipment/telephone E767.98 €115.00
PR & advertsing El,854.OO €759.00
Consultancy fO.OO fO.OO
Administraton costs
Salaries
Events
Prize, gifs etc
Miscellaneous costs
Bank charges
Total payments
Surplus of Income over Expenditure
Balance Sheet as at August 31,
Assets
Debtors
Current account
Supporters Club Account
Development Account
Liabilites Creditors Assets less liabilites
Administraton costs
Salaries
Events
Prize, gifs etc
Miscellaneous costs
Bank charges
Total payments
Surplus of Income over Expenditure
Balance Sheet as at August 31,
Administraton costs
Salaries
Events
Prize, gifs etc
Miscellaneous costs
Bank charges
Total payments
Surplus of Income over Expenditure
Balance Sheet as at August 31,
f180.OO
f2,500.OO
33,106.54
E27,528.70
fO.OO
€0.00
E62.OO
f36.01
€76.95
E60.oo
f61.20
f40.80
f64,373.37
f56,580.66
f4,863.17
-E18,993.59
2023
2023
2022
-$152.10 -f6,160.OO
f2,884.97
f2,762.22
f6,159.81 E5,143.41
~~f53318.69~~
~~E48618.19~~
~~,~~
~~,~~
f56,211.37
f50,363.82
{2,993.54
E2,009.16
f53,217.83
f48,354.66
f48,354.66
f4ß63.17
f67,348.25
f53,217.83
f48,354.66

Horizon Sports Club

(Registered Charity Number 1093897)

Income and Expenditure Account for the year ending August 31, 2023 2023 2022 Income Fees f16,095.OO El 1,475.00

Expenditure Donatons and fund raising
Grants
Membersh ip fees
Interest on Building Society Account
Total receipts
Facilites hire
f9,278.25
f33,629.OO
f9,680.oo
f554.29
f69,236.54
fO,444.60
€14,170.52
f5,OOO.OO
{6,925.00
E16.55
f37,587.07
E9,064.10
Coaching & volunteer courses fO.OO f300.OO
Coaching fees f14,494.65 f13,560.OO
Subscriptons €110.00 f140.oo
Insurance f2,599.45 El,947.47
Equipment and maintenance f350.OO €0.00
T -shirts etc f159.60 f411.OO
Printng and statonary f106.40 €118.58
Ofce equipment/telephone E767.98 €115.00
PR & advertsing El,854.OO €759.00
Consultancy fO.OO fO.OO
Administraton costs
Salaries
Events
Prize, gifs etc
Miscellaneous costs
Bank charges
Total payments
Surplus of Income over Expenditure
Balance Sheet as at August 31,
Assets
Debtors
Current account
Supporters Club Account
Development Account
Liabilites Creditors Assets less liabilites
Administraton costs
Salaries
Events
Prize, gifs etc
Miscellaneous costs
Bank charges
Total payments
Surplus of Income over Expenditure
Balance Sheet as at August 31,
Administraton costs
Salaries
Events
Prize, gifs etc
Miscellaneous costs
Bank charges
Total payments
Surplus of Income over Expenditure
Balance Sheet as at August 31,
f180.OO
f2,500.OO
33,106.54
E27,528.70
fO.OO
€0.00
E62.OO
f36.01
€76.95
E60.oo
f61.20
f40.80
f64,373.37
f56,580.66
f4,863.17
-E18,993.59
2023
2023
2022
-$152.10 -f6,160.OO
f2,884.97
f2,762.22
f6,159.81 E5,143.41
~~f53318.69~~
~~E48618.19~~
~~,~~
~~,~~
f56,211.37
f50,363.82
{2,993.54
E2,009.16
f53,217.83
f48,354.66
f48,354.66
f4ß63.17
f67,348.25
f53,217.83
f48,354.66