REGISTERED COMPANY NUMBER: 03160288 (England and Wales)
REGISTERED CHARITY NUMBER: 1094579
Raport of the Trustees and
Unaudited Consolidated Flnanclal Statements
for the Yaar Ended 31 March 2024
for
Solihull Indoor Bowl8 Club Llmlted
Locke Williams Assooiates LLP
Charlered Accountants
clo Blackthorn House
St Pauls Square
Birmingham
West Midlands
B31RL

Sollhull Indoor Bowls Club Llmlted
Contènts of the Financial Statements
for the Year Ended 31 March 2024
Page
Report of the Trustees
Ind8pend8nt Examrnerfs Report
Statement of Flnanclal Actlvltl88
Balance Sheet
Notes to the Financial Statements
8 to 17
Detailed Statement of Financial Activities
18

Sollhull Indoor Bowls Club Llmlted
Report of the Trustees
for the Year Ended 31 March 2024
The trustees who are also dlrectors of the charlty for the purposes of the Companies Act 2006, present thelr
raportwith Ihe financial statements ofthe charityfor the year andad 31 March 2024. The trustees have adopted
thè provisions of Accounling and Reporting by Charili8s.' Statèment of R8commended Practice applicable to
charities preparing thelr accounts in accordance wlth the Flnanclal Reportlng Standard appllcable in the UK
and Republic of Ireland IFFiS 102) (effeGtiVg 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objacllvès and actlvitles
The charitable object of the charily is the promolion of community particlpation in healthy recreation by the
provision of facilities for playing bowls.
Significanl activities
The prlnclpal acllvlty of bowllng Is substanllally carrled out by the company, whlch Is the charlty and, whlch Is
her8in aft8r r8f8rred to as the company. The facilities are provided by the bmo wholly owned subsidiary
companles, SIBC Propety Company Limited and SIBC Trading Limited. These companies are nol themselves
charities and trading activities are required to be maintained independently of the company as far as the
Structure allows. Navertholess, as wholly owned subsidiaries their assots and prof'its arg held in support of the
purposes of th8 company, likewise the subsidiaries are fvlly supported by the charity during any Ioss-making
perlod should they arise,
Th8 property company owns the group's fixed assets and 18ts th8m out to Ihe trading company. Thé trading
company operates the faclllty, licenses It to the company and carrles on the bar, caterlng and soclal actlvltles
and hlres out the function room.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities
the charity should undertakè.
ACHIEVEMENT AND PERFORMANCE
Recruitment
Before we review the finances of the 2023-2024 fiscal pertod I would like lo highlight an addition to our salaried
staff, Jake Hawkins joined us during the last financial quarter, Having an extensive background in the
hospitality industry w& aim to improve th@ numb8r of social events at the club and to Continua to grow the 'club
atwosphere,. Jake 8nd Bar Manager Gill Pawlowski will b8 working hard over the next 12 months lo promote
the club as a soci81 venue 8s well as contlnuing to provide excellent bowling facilities.
Financial Review
The key financials for the financial period 2023124 are summarised below. In terms of income for the year you
wlll see that far comparative purposes we have included the performance for the 2022123 fiscal year.
Income for the year across the charity and its trading subsidiaries amounted to £323,504 (£230,769 for 2022-
231, Ihis rep￿SentS an increase year on year of 40'/0,
Pagg 1

Solihull Indoor Bowls Club Llmit8d
Report of the Trustees
for the Year Ended 31 March 2024
ACHIEVEMENT AND PERFORMANCE - contlnued
The membership renewals for 202312024 as follows.,
Full members- 330 {307 in 2022-231
Social members - 49 (16 in 2022-23)
This increase equates to a growth in m8mbership of 17Q/D compar8d to thg previous y8ar. It is anticipatad that
in 2024-25 we will see a slmllar growth patlern.
Through a vigorous marketing campaign and focus on th8 running Df n8w leagues wa hava s88n a significant
increase in green fees with growth year on yearlust over of 30°/0.
202212023 green fees - £54,934
202312024 green fees £71,612
Income from other trading aGtivit168 which includes bar sal@s, room hir8 and sub-18tting 8Ctivities amounted to
£217,402 (£143,526 In 2022-2023} this represents an Increase year on year of over 510/0 a substantial result
on which lo build in the 2024- 2025 fiscal period,
Expenditure for the year increased year on year to £356.161 (£272.207 in 2022-23) whlch is an Increase of
almr)sl 31 % , Thls Is a dlrect result of a 73 % Increase in utility costs £32,318 (£18,720 In 2022-23) and the
mandatory ris8 in staff r8muneration <9.7 % l. While our utility rates a￿ fixed for a period of 2 years the above
Increase Is due to the new contract whlch commenced In October 2023, therefore the 2024-25 accounts will
show a full year on the new rates. The staffing costs will again rise by 9.8°/D for 2024-2025 due to a mandatory
increase in minirnum wage rates.
The overall tr8ding result for the period 2023-24 was a deficit of £22,572 however the budgeted forecast for
the period was a loss of£25,583
As a resu It of the above actlvlties the Trustees are able to report Ihat the results from the consolidated accounts
demonstrate an unrestricted deficit of £22,572. The impact of which reduces unrestricted reserves from
£105,851 in 2022-23 to £83,279 at the end of 2023-24.
FINANCIAL REVIEW
Reserves policy
It is the policy of the charity that unreslricled funds of £83,297 at 31 March 2024 which have not been
designated for a specific usa should be maintsined at a leval equivalant to between six and twelve month's
8xpenditur8. Tha Trustees consider that r8serves at this level will ènsure Ihal, in th8 event of a significant drop
In funding, they will be able to continue the charlty's current activities while consideratlon is given to ways In
which additional funds may be raised. This level of reserves has dropped during the year and the club are
actively seeking ways to restore the reserves to operating level.
FUTURE PLANS
The Board recognise that it will take time to return the club to a profitable situation and accordingly have set a
3 yaar budget that aims to produce a small profil in the trading ygar 2025 -2026. Every effort will ba made to
gen6rat8 income whilst minimizing 6xp8nditura but it must ba notéd that tha building is now wall over 25 years
old and there ar8 8lements that now n8ed repair and replacement.
On8 area the club must work towards is reducing the energy consumption, Work has begun on a business
plan to include a suspended ceiling in the bowls hall, LED rink lighting and solar panels to reduce Oltr utility
cos15. The Board will be actlvely seeking grant funding for the project as well as possible social investment,
Pag8 2

Sollhull Indoor Bowls Club Limited
Report of th8 Trustees
for Ihe Year Ended 31 March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing docum8nt
The charity is controlled by its gov8rning document, ils Memorandum and Artlcl&s incorporated 1510211998.,
as amended by special resolution(s) dated 2611012002 and 1311012012.
Charlty constitution
The charlty is a company limited by guarantee, Ilmlted by guarantee, as defined by th8 Compani8s Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
R6gist8rad Company number
03160288 {England and Wales)
R8glster8d Charity number
1094579
Reglstered office
Brick Kiln Lane
Hillfield
Solihull
West Midlands
B913LE
Trusl888
PRRees
J Pepall
S C Goodchild
D Weaver
M Priddey (appointed 1,8,231
All Trustees ar& m8mb&rs of Solihull Indoor Bowls Club Limited.
None of the members of the charily has any beneficial interest in the company. All of the members of the
charity are members of the company and guarantee to contribute £1 In the event of a winding up.
Independent Examlner
Locke Williams Associates LLP
Chartered Accountants
clo Blackthorn House
st Pauls Square
Birmingham
West Midlands
B31RL
This report has been prepared in accordance with the speclal provisions of Part 15 of the Companies Act 2008
relating lo small companies,
Approv8d by order of the board of trustees on
and signed on its b8half by,.
oodchild Truste&
Paga 3

Independent Examlner's Rèport to the Trustses of
Solihull Indoor Bowls Club Limited IR8gister8d number: 031602881
Independenl examinerfs report to the trustees of Solihull Indoor Bowls Club Limited ('the Company,)
I report to the charity trust888 on my examination of the accounts of the Company for the ye8r ended
31 March 2024.
Responsibilities and basis of rèport
As the charity's trustees of the Company land also its directors for the purposes of company law) you are
rèsponsible for the preparatlon of the accounts in accordance with the r8quir6mgnts of the Companies Act
2006 ('th8 2006 Act,).
Having satlsfied myself that th8 accounts of th@ Company are not required to be audlted under Parl 16 of th8
2006 Act and are eliglble for independent examination, I report in respect of my examination of your charity's
accounts as carried out under Section 145 of the Charities Act 2011 {'the 2011 Act'l. In carrying oul my
examination I have followed tha Dir6ctions given by the Charity Commission under Section 145{5} (b} of th&
2011 Act.
Independent examlnerfs statement
Since your charity's gross income exc@ed8d £250,000 your examiner must be a member of a Ilsled body. I
can confimi that l am qualified to undertake Ihe examination because l am a member of the Institute of
Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention In connection with the
examination giving me cause to believe,,
accounting records were not kept in respect of the Company as requlred by Sectlon 386 of the 2006
Act., or
th8 accounts do not accord with Ihose records., or
the accounts do not comply with the accountlng requlrements of Sectlon 396 of the 2006 Acl olher than
any requirement that the accounts give a true and fair view which Is not a matter considered as part of
an independent examination., or
the accounts have not been prepared in accordance with the rnethods and principles of the Statement
of Recommended Practice for accounting and reporting by charltles {applicable to charities praparing
their accounts in accordanc8 With th8 Financial Reporting Standard applicabl8 in the UK and F18public
of Ireland {FRS 1021).
I have no concerns and hav@ come across no other matters in connection with the examination lo which
attention should b8 drawn in this report in order to enable a proper under51anding of the accounts to be
reached.
David Williams FCA FCCA
Locke Willlams Associates LLP
Chartered Accountants
clo Blackthorn House
st Pauls Square
Birmingham
West Midlands
B3 1RL
Date..
2310912024
Page 4

Sollhull Indoor Bowls Club Limited
Consolldated Statement of Financial Activiti88
(Incorporallng an Income and Expenditure Account)
for tha Year Ended 31 March 2024
31.3.24
Total
funds
31.3.23
Total
funds
Unrestricted Restricted
funds
funds
Notes
INCOME AND ENDOWMENTS FROM
DonatlDns and legacies
2,034
4.856
6,890
11,077
Charltable activities
Charitable aclivitles
Green fees and hire of bowls equipment
Joining foas and subscrlplions
940
71,612
26,552
940
71,612
26,552
1,002
54,934
20,164
Qther trading actlvitl8S
Investmgnt income
217,402
108
217,402
108
143,526
66
Total
318,648
4,856
323 504
230,769
EXPENDITURE ON
Other trading activities
246,109
14.941
261.050
184,597
Charitable activities
Charitable activities
95,111
95.111
87,610
Total
341220
14,941
356.161
272,207
NET INCOMEI(EXPENDITURE)
{22,572}
{10,085)
{32.6571
{41,438)
RECONCILIATION OF FUNDS
Total funds brought forward
105.851
291,980
397,831
439,269
TOTAL FUNDS CARRIED FORWARD
83,279
281,895
365,174
397,831
CONTINUING OPERATIONS
All incorre and expenditure has arisen from continuing activities.
A separate Slaternenl of Financial Activities and Income and Expenditure Account for the charity has not been
prasented because the Trust has taken advantage of the exemption afft)rded by section 408 of the Companies
Act 2006,
The notes form p8rl of thes8 finar)cial statements
Page 5

Solihull Indoor Bowls Club Limited (Registered number: 03160288)
Balance Sheets
31 March 2024
Group
31.3.23
Chartty
31.3.24
31.3.24
31.3.23
Notes
FIXED ASSETS
Tangible assets
Investments
13
14
338,658
359,083
9004
338,658
359,083
9,004
9.004
CURRENT ASSETS
stocks
Debtors
Cash at bank and in hand
8,301
10,118
45,184
3,930
10,525
67,813
175,494
19,022
172,785
28,054
63,603
82,268
194.516
20Q,839
CREDITORS
Amounts falllng due within one year
17
(37,087)
(41,5201
(20,689)
134,704)
NET CURRENT ASSETS
26,516
38,748
173,827
166,135
TOTAL ASSETS LESS CURRENT
LIABILITIES
365,174
397,831
182,831
175,139
NET ASSETS
365 174
397 831
182,831
175,139
FUNDS
Unrestricted funds
R8Strict8d funds
18
18
83,279
281,895
105.851
291,980
176,975
5,856
174,139
1,000
TOTAL FUNDS
365,174
397,831
182,831
175,139
The charitsble company Is entitled lo exemptlon from audrt under Section 477 of the Companies Act 2006 for
the year 8nded 31 March 2024.
Tha members havo not requirod the company to obtain an audit of Its financial statements for the year ended
31 March 2024 in accordanca with Section 476 of the Companies Act 2006.
The trustees acknowledge Iheir responsibilities for
(a)
ensuring that the charitable company k88ps accounting records that comply with Sections 386 and 387
of the Companies Aol 2008 and
preparing financial statements which glve a true and fair vlew cf the state of affairs of the charltable
company as at the end of each financial year and of its surplus or deficit for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with the
requirements of the Companies Act 2006 relating to financial stalements, so far as appllcable lo the
Gharitab18 company.
{b}
The notes form part ofthese flnancial statements
Page 6

Sollhull Indoor Bowls Club Llmlted (Registered numb8r: 03160288}
Balan¢e Sheets - continu8d
31 March 2Q24
These financial statements have begn prepared in accordanc8 Wlth the provisions applicable to charitable
companies subject to the small companies r8gime.
The fi
ancial stat6m8nts w8re approved by the Board of Trustees and authorlsed for issue on
and were slgned on Its behalf by.,
oodchild Trustae
The notes form part of these ffinancial statemonts
Page 7

Sollhull Indoor Bowls Club Llmlted
Notes to the Flnanclal Statements
for the Year Ended 31 March 2024
ACCOUNTING POLICIES
Basis of preparing the financial slatements
The financial statements of the charltable company, which is a public benefit entity under FRS 102,
have been prepared In accordance with the Charltles SORP {FRS 102} 'Accounting and Reporting by
Chariti@s: Statem8nl of Recommended Practice applicabla to charities preparing thgir accounts in
accordance with the Financial Reporting Standard appllcable in the U K and Republlc of Ireland IFRS
1021 {effe¢tive 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Slandard
applicable in the UK and Republic of Ireland, and th8 Companies Act 2006. The flnancial statements
have been prepared under the historical cost convention,
Financial reporting standard 102 - reduced disclosure exemptlons
The charltable company has taken advantage of Ihe following disclosuro exemption in preparing thosa
financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK
and Repu blic of Ireland,:
the requlrements of Sectlon 7 Statement of Cash Flows.
Group flnanclal stat8m8nts
The financial statements consolidate the results of th8 charity and ils wholly own8d subsidiari6s drawn
up to 31 March each year. The financial statements of subsidiaries are prepared for the same reporting
y8ar as thg parent company, using consist8nt accounting policies.. Inler-group balancas and
transactions have been eliminated.
A separate Statement of Financlal Activities and Income and Expenditure Account for the charity has
not been presented because the Trust has taken advantage of the exemption afforded by sectlon 408
of the Companies Act 2006.
"In consolidating, grants received which are accounted for as d8ferred in the individual subsidiari8s'
financial statements (and thereby held as a liability) have been restaled so as to be recognised as being
received in full, in accordanc8 With th8 group accounting policy for grant income as below.
Incom8
All income is recognised In the Statement of Flnancial Activities once the charity has entitlement to the
funds, It is probable that the Incom8 wlll be received and the amount can be measured reliably.
Cash donations are recognis8d on r8C8lPt. Oth8r donations are recognised onGe the charity has been
notified of lh8 donation, unless performance conditions require deferral of the amount. Income tax
recoverable In relatlon to donations receivgd under Glft Ald or deed5 of covenant Is recognlsed at the
time of the donation.
Grants receivable are recognised in the Statement of financial activitigs wh8n the conditions of receipt
have been met.
Expendilure
Liabilities are recognised as expenditu￿ as soon as there is a legal or constructive obligatlon committing
the charity to that expenditure, it is probable that a transfer of èconomic benefits will be required in
settlement and the amount of the obligation can be measured rellably, Expenditure Is accounted for on
an accruals basis and has been classrfigd undar haadings that aggregate all cost related to the catagory.
Where costs cannot be dirèctly altribut6d lo particular hgadings Ihey have bean allocated lo activities
on a basis consistent wllh the use of resources.
Tanglble flxed assets
Depreciation is provid8d at the following annual rat8s in order to write off each asset over its estimated
us8ful lif6.
Long leasehold
Fumiture and plant
over the unexpired portion of the lease
20 % on cost and 80/0 on cost
Any gain or loss arising on th8 disposal of an ass&t is detarmin8d as tha differ8nca b81w8en tha sala
proceed5 and the carrying value, and is credited or charged lo the income 5tatemenl.
Page 8

Solihull Indoor Bowls Club Limitod
Noles to the Financial Statements - contlnuad
for the Year Ended 31 March 2024
ACCOUNTING POLICIES * continuad
Taxatlon
Th& charity Is registered with the Charity Commission and under the provisions of Section 478
Corporalicn Tax Act 2010, is exempt from liability to taxation on its Gharitabl8 activiti88.
Fund accountlng
Unrestrlcted funds can be used in accordance with the charitable objectives at the discretlon of the
trustees,
Restricted funds can only be used for particular reslricled purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanatlon of the nature and purpose of each fund Is Included in the notes to the financial
statements.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete
and Slow Moving il&ms.
Debtors
Trad8 and other d8btors are recognis8d at th8 seltl8m8nt amount due after any trade dlscount offered.
Prepayments are valued at the amount prepaid net of any trad8 discounts due.
Cash at bank and in hand
Cash at bank and cash in hand includès cash and short term highly liquid inveslmants with a short
maturity of three months or less from the date of acquisltion or opening of the deposit or 8imi18r account.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resLJlting frorn a past
event that will probably result in the transfer of funds to a Ihlrd paty and the amount due to settle the
obligation can be m8asur8d or &stimated r81iably. Creditors and provisions ar@ nonnally racognised at
their settlement amount after allowing for any trade discounts due.
Pension costs and other post-retlrement benefits
The charitable company operates a defined contribution penslon Scheme. Contributions payable to
the Charitable company's pension scherne are charged to the Statement of Financial Activities in the
period lo which they relate.
Golng concern
At th8 time of approving the financial gtatements, the Trustegs hgve a reasonable expectation that the
charity has adequate resources to continue in operational existenc8 for th8 foreseeable future. Thus
the Trustees continue to adopt the going concern basis of accounting in preparing the financial
statements.
Page 9

SollhuS1 Indoor Bowls Club Llmlted
Not8s to th8 Flnancial Statements - continued
for the Year Ended 31 March 2024
DONATIONS AND LEGACIES
31,3.24
31.3.23
Donations
Grants
2,034
4,8S6
2,077
9,000
Grants r8ceived, included in the above, are as follows..
31.3.24
31,3.23
Grealer Blrmingham and Sollhull Local Enlerprlse Partnership
The Rowlands Trust
The Bromley Christian Workars Trust
9,000
2,856
2,000
4,856
9,000
OTHER TRADING ACTIVITIES
31.3.24
31.3.23
Bar and catering sales
Function room hire
Green fees elc
Vending machine sales
Rental income
Insurance proceeds
Other sundry sales
164,679
13,426
11,234
3,938
19,122
104,246
14,385
7,345
532
11,229
1,841
217,402
f43,526
INVESTMENT INCOME
31.3.24
31.3,23
Interest receivable
108
66
Page 10

Sollhull Indoor Bowls Club Limited
Notes to the Financial Statements contlnued
for the Year Endod 31 March 2024
INCOME FROM CHARITABLE ACTIVITIES
31.3.24
31.3.23
Green
fees and
hire of
Joining
bowls
fees and
equipment subscrlptlons
Charftable
activltles
Total
activities
Total
activltles
Sal8s within charitable
aclivit18S
940
99,104
76,100
CHARITABLE ACTIVITIES COSTS
Dir8ct
Costs (see
note 71
Charitable activities
95,111
DIRECT COSTS OF CHARITABLE ACTIVITIES
31.3.24
31.3.23
staff costs
Rates, waler rates and insurance
Olher
79,165
3,384
12,562
66,544
4,939
16,127
NET INCOMEI(EXPENDITURE)
Nel incomel(expendilure) is stat8d after chargingl(creditingl:
31.3.24
31.3.23
Depreciation - owned assets
Independent Examlnallon fee
20,852
720
21,007
720
TRUSTEES, REMUNERATION AND BENEFITS
There were no truste68' r8mungration or other benefits for the year ended 31 March 2024 nor for th8
year ended 31 March 2023.
Trustees. expenses
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended
31 March 2023.
Page 11

Sollhull Indoor Bowls Club Llmlted
Notes to the Flnan¢lal Statements - contlnued
for the Year Ended 31 March 2024
10. STAFF COSTS
31.3.24
31.3.23
Wagas and salaries
Other pension costs
129,237
1,811
94,935
427
131,048
95,362
The average monthly number of employees during the year was as follows:
31.3.24
19
31.3.23
Staff
Dlrectors Inon-remuneratedl
24
10
No emplDy8es r6ceiv8d emoluments in excess of£60,000.
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
Fiestricled
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacles
2,077
9,DOO
11,077
Charitable activities
Charitable activities
Green fees and hlre of bowls equipment
Joining fe8s and subscriptions
1,002
54,934
20,164
1,Q02
54,934
20,164
Other trading actlvitles
Investmenl income
143,526
66
143,526
66
Total
221,769
9,000
220,769
EXPENDITURE ON
other trading aotivities
169,656
14.941
184,597
Charitable activitles
Charitable activities
86,241
1,369
87,610
Total
255,897
16,310
272,207
NET INCOMEI(EXPENDITURE)
(34,128)
17,310}
{41,438)
RECONCILIATION OF FUNDS
Total funds brought forward
139,979
299,290
439,269
TOTAL FUNDS CARRIED FORWARD
105.851
291,980
397.831
Page 12

Sollhull Indoor Bowls Club Llmited
Notes to the Flnancial Stat8m8nts - continued
for the Year Ended 31 March 2024
12. TANGIBLE FIXED ASSETS . GROUP
Kitchen
and bar
equipment
Long
leasehold
Furniture
and plant
Office
aquipment
Totals
COST
At 1 April 2023
Additions
Disposals
873,857
59,227
1,230
301,586
36,387
1,071,057
1,230
Al 31 March 2024
673,857
301586
35,087
1,070,279
DEPRECIATION
At 1 April 2023
Charge for year
Eliminated on disposal
352,992
13,478
54,745
1,627
269,653
5,276
34,584
471
711,974
20,852
At 31 March 2024
366,470
55,947
274,929
34,275
731,621
NET BOOK VALUE
At 31 March 2024
307 387
3,802
26,657
812
338,658
At 31 March 2023
320,865
4,482
31,933
1,803
359,083
13. FIXED ASSET INVESTMENTS - CHARITY
Unlis1g(J
Investments
MARKET VALUE
At 1 April 2023 and 31 March 2024
9,004
NET BOOK VALUE
Al 1 April 2023 and 31 March 2024
At 2024 th8 company had Interests in the following subsidiarigs..
Subsidiarles
Type of Proportion
Country of
shares held
held {O/o} Incorporation
Nalure of
business
SIBC Trading Limited
SIBC Property Limlted
Ordinary
Ordinary
100 /0 United Kingdom
100Q/o United Kingdom
Tradlng
Investment
Pag8 13

Sollhull Indoor Bowls Club Llmlted
Not8S to th8 Flnancial Stat8m8nts continued
for Ihe Year Ended 31 March 2024
14. STOCKS - GROUP
31.3.24
31.3.23
Stocks
8,301
3,930
15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Group
Charlty
31.3.24
31,3.23
31.3.24
31,3.23
Trade debtors
Amounts owed by group undertakings
other debtors
Prepayments and accrued income
2,568
4,483
171,870
1,418
2,206
1 $9,708
2,836
4,714
6,042
3.077
10,118
10.525
175,494
172,785
16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Group
Charlty
31,3.24
31.3.23
31.3.24
31.3.23
Trade creditors
Amounts owed to group undertakings
Social security and other tax8S
8,040
11,436
1,260
4,660
1,536
15,033
893
1,220
4,843
4,655
21,366
VAT
other credltors
Accruals and def8rr8d incom8
5,430
4,250
19,367
4,250
10,519
4,250
12,991
37,087
43,520
20,689
34,703
Deferred income included above..
Deferred at 1 April
Released lo income in the year
Additionally deferred in Ihe year
13,625
13,625
7,682
(7,6821
Deferred at 31 March
8,249
13,625
Deferr8d incom8 comprises membership fegs, competition fee5 and rental income received in advance.
17. ANALYSIS OF NET ASSETS BETWEEN FUNDS - GROUP
31.3.24
Total
funds
31.3.23
Total
funds
Unrestricted
funds
Restricted
funds
Fixed assets
Current assets
Current liabillties
62,619
57.747
37,087)
276,039
5.856
338,658
63,603
37,087)
359,083
82,268
43,520)
83,279
281,895
365,174
397,831
Page 14

Sollhull Indoor Bowls Club Limited
Notes to the Financial Statements - conllnued
for the Year Ended 31 March 2024
18. MOVEMENT IN FUNDS - GROUP
Net
movement
in funds
Transfers
between
fijnds
At
31,3.24
At 1.4.23
Unrestrlcted funds
General fund
D8signated fund - carpet replacement
89,851
(22,S72)
(4,000)
63,279
105,851
122,572)
83.279
Re5trlcted funds
Grants
Sport England- Covid-19
The Rowland5 Trust
The Bromley Christian Workers Trust
290,980
1,000
(14,941
276,039
1,000
2,856
2,000
2,856
2,000
291,980
10,085
281,895
TOTAL FUNDS
397,831
32,657
365,174
Net movement in funds. included in th8 above are as follows:
Incoming
rescurces
Resources
expended
Movement
in funds
Unrestrlcted funds
General fund
318,648
1341,220)
(22.572)
Restricted funds
Grants
The Rowlands Trust
The Bromley Christian Workers Trust
{14,941)
(14,941)
2,856
2,856
2,000
4,856
TOTAL FUNDS
323,504
356,161)
Page 15

Solihull Indoor Bow18 Club Limited
Not8s to th8 Financial Stat8ments - continued
for the Year Ended 31 March 2024
18. MOVEMENT IN FUNDS. GROUP- continu8d
Comparatlves for movement In funds
Net
movement
in funds
Transfers
between
funds
At
31.3.23
At 1.4.22
Unre8trl¢led funds
General fund
Dgsignat6d fund - carpet replacement
127,979
12,000
134,128)
(4,000)
4,000
89,851
16,000
139,979
(34,128)
105,851
Restrlcted funds
Grants
Sport England - Covid-19
Heart of England
296,921
1,369
1,000
(5,941)
{1,36S)
290,980
1,000
299,290
7,3101
291980
TOTAL FUNDS
439,269
41,438}
397,831
Comparatlve net movement In funds, included in the above are as follows:
Inooming
resources
R8SOLJfc8S
expended
Movement
In funds
Unrestricted funds
Gen8r81 fund
221,769
{255,897)
134,1281
Reslrlcted funds
Grants
Sport England - Covid-19
9,000
(14,941)
(5,941)
9,OQO
16,310
7,310
TOTAL FUNDS
230,769
272,2071
41,438)
Designated funds comprises of funds which have been set aside at the discretion of the Trustees for
specific purposes. This includes designating £4,000 of the unrestricted reseNes for the purchase of a
new carpel in 6 years time from tha year ended 31 March 2020.
Restricted funds comprise gr8nls received for the acquisition of fixed assets, which are being
depreciated over their individual estimaled useful lives.
Page 16

Solihull Indoor Bowls Club Llmlted
Notes to the Financial Statemènts - Continued
for the Year Ended 31 March 2024
19. RELATED PARTY DISCLOSURES - CHARITY
Infomiation about related party transactions and outstanding balances of the charity is outlined below:
Outstandlng
balances
Income
Expendllure
Entitles over which the charity has control. lolnt control
or slgnificant Influence
At 31 March 2024
171,870
(4,660)
At 31 March 2023
169,708
Tha above amounts Owgd to and from the charity ar8 classified as repayable on demand,
Page 17

Sollhull Indoor Bowls Club Llmltsd
Detailed Statement of Financial Activities (Charity Only)
for Ihe Year Ended 31 Ma￿h 2024
31.3.24
31.3.23
INCOME AND ENDOWMENTS
Donallons and legacles
Donations
Grants
2,036
2,076
6,892
2,076
Investment income
Interest receivable
108
66
Charitable aclivities
Sale5 wlthln charllable actlvllies
99,104
Total Incomlng resources
106,104
78,242
EXPENDITURE
Charltable actlvltles
Wages
Rates, wat8r rates and insuranc8
Licence fees
Sundries
79,166
3,384
3,300
66,544
4,939
3,300
98,412
90,910
Total r8sources 8xpended
98,412
90.910
Net Incomellexp8nditur8)
7,692
12,668)
This page doos nol form part of the statutory financial statements
Page 18