**REGISTERED COMPANY NUMBER: 04386952 (England and Wales) REGISTERED CHARITY NUMBER: 1094637** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023** ## **FOR** **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023** ||**Page**| |---|---| |**Report of the Trustees**|1 to 5| |**Independent Examiner's Report**|6 to 7| |**Statement of Financial Activities**|8| |**Balance Sheet**|9 to 10| |**Notes to the Financial Statements**|11 to 17| |**Detailed Statement of Financial Activities**|18 to 19| ## **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** Meltham Sports and Community Group's objective as stated in the Memorandum and Articles is;'to promote the benefit of the inhabitants of Meltham and Neighbourhood without distinction of sex, sexual orientation, race or political, religious or other opinions, by associating, together the said inhabitants and the Local Authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants: establish, or secure the establishment of, community facilities ('the centres') and to maintain and manage the same (whether alone or in co-operation with any local authority or other person or body) in furtherance of these objects: promote such charitable purposes as may from time to time be determined. The company shall be non-party in politics and non-sectarian in religion.' The principal activity of the charity has been to construct a sports and community centre on a site acquired on a long lease from the Meltham Cricket and Bowling Clubs. This was completed in January 2004 at a cost of around £1.2 million, with external works and games areas completed in April 2004. The centre is a multi-purpose building with changing rooms, sports hall, function room, committee and education space and storage for a wide range of community and sporting activities. The centre is the home for five of the Town's sports clubs; Meltham Cricket Club, Meltham Subscription Bowling Club, Meltham Athletic Club, Meltham Athletic Football Club and Meltham All Blacks Rugby League Club. Each of the clubs runs their own affairs and has developed their own sports development plans that satisfy the needs of their respective associations. A key intention in the design of the new facility was to enable major development plans for all the five clubs. Capital funding for the development projects was received from a number of sources. The largest was a grant of £893,000 from Sport England which followed from a successful bid. This was match funded from a grant from Meltham Town Council of £60.000; Kirklees Metropolitan Council with two grants totalling £92,000 and Yorkshire Forward with a grant of £25,000. The remainder of the funds were received from a mix of private donations, company sponsorships and general fundraising in the community, and totalled in excess of £50,000. Since completing the construction works the main activity of the charity has been the management and maintenance of the facility for the benefit of the community. Page 1 ## **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** ## **OBJECTIVES AND ACTIVITIES** ## **Significant activities** This was our first full year without any restrictions and closures from the covid pandemic and a return to something close to normal. This has meant that there was no Government grants to support us and the rent for the car park as a covid testing centre ended also. In general, our objectives for this year have been much the same as previous years - To manage the facility for the benefit of the residents of Meltham - To raise sufficient funding to pay the costs of running the centre - To seek additional funding to develop additional facilities and improve the centre and adjoining grounds - To employ staff/volunteers to manage the centre and in particular run an effective function room and bar and to clean and maintain the whole facility - To ensure that the facility is appropriately insured, compliant and safe for all users - To support existing and new sports and community groups to develop and in so doing improve the health and wellbeing of Meltham residents - To consider the feasibility and development of additional facilities, extensions, and sports ground improvements Since opening the main source of income to pay for the running costs of the centre is the net receipts from the bar. Bar sales have returned to a similar pattern to those before the pandemic. We have continued with the employment of a senior bar steward on full weekly hours under the direction of one of the Directors, Michael Pogson, who also volunteers to cover much of the management responsibilities and additional bar work for which we are extremely grateful. The five founding sports clubs continue to provide a wide range of sporting activity for the community as most of their programmes have returned to normal. It is disappointing that the Rugby Club have been unable to field sides, but we remain hopeful that some of their activities will return. Many of our other community activities have returned and there has been an increase in the use of the sports hall which is very pleasing. Bookings for the bar and event space are back to pre-pandemic patterns also. There does appear to be a reduction in sales of alcohol at events which we believe is common in most licensed premises. Our objectives will be much the same in the following year, whilst seeking ways to continue to attract more events we will ensure our costs are kept to manageable levels. Page 2 ## **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** ## **FINANCIAL REVIEW** ## **Financial position and going concern** A cursory view of this year's accounts would suggest a problematic year, as the bottom line indicates a deficit of £18,806, which compares with a surplus of £20,847 the year before. However, there are a number of reasons for this and the underlying picture is much more positive. Firstly, the previous year we had received over £18,000 in covid grants and £13,000 in rent for hosting the covid testing station. This year we have had much longer opening hours and weeks, hence higher running costs (as well as higher electricity tariffs). Our stock levels are much higher and we have continued to invest in improvements and repairs in the centre than would be the case in a normal year. The centre has been completely redecorated internally and over the last two years we have reupholstered the chairs, renewed the curtains, replaced the CCTV system, fire security system, new energy efficient lighting and replaced various pieces of equipment. Property and grounds maintenance expenditure as a consequence is over £27,000 for this year, which compares to pre-pandemic levels of often well below £10,000 per year. Our expenditure includes high levels of depreciation after the deferred grant release, which shows as a net loss of over £10,000. On a positive note, our balance sheet continues to be healthy and our bank balance is over £103,000, significantly better than at any pre pandemic year. We continue to be in a healthy financial position, despite the difficult trading environment. ## **Reserves policy** The Board aim to build a cash reserve of around £100,000, to ensure they can cover major repairs and have sufficient working capital. The cash reserve at the year end was £105,039. The building and grounds are currently maintained to a high standard and this cash balance is considered sufficient to continue operations for the foreseeable future. ## **FUTURE PLANS** Our objectives will be much the same in the following year, whilst seeking ways to attract more events we will ensure our costs are kept to manageable levels. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Page 3 ## **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational structure and decision making** We have retained the same governance structure that we commenced with, as this has served us well. We have nine Trustee/directors, five of whom are selected by each of the main sports clubs: Meltham Subscription bowling Club, Meltham Cricket Club, Meltham Athletic Football Club, Meltham All Blacks Rugby League Club and Meltham Athletics Club. The remaining four trustees are selected from key areas of the wider community representing early years, youth, civic, and elderly residents. The trustees met monthly when the building was open and received a report on the management of the centre and a financial report at each meeting. Decisions are made on any works at the centre, any major expenditure, and staffing issues. Each of the sports clubs can send additional representatives should there be a need to address any concerns. This works well and there continues to be a very good spirit of co-operation between all the users in the centre. One of the trustees, Michael Pogson, has continued as the volunteer Centre Manager ensuring that the facility is well-managed and dealing with any daily issues. We continued with the employment of a senior bar worker under Michael's supervision and employ temporary and volunteer bar staff at busy events and a part time cleaner. Other trustees have volunteered to undertake governance and other tasks, such as procuring the new lift, additional cleaning, minute taking, catering etc. Moving forward we will continue with the same structure with an eye on recruiting new board members and we will continue to regularly review both our business arrangements as well as the condition and repair of the centre to ensure that both remain fit for purpose. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 04386952 (England and Wales) ## **Registered Charity number** 1094637 ## **Registered office** Mean Lane Meltham Holmfirth Huddersfield West Yorkshire HD9 5QT Page 4 ## **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** ## **Trustees** J M Pogson D A Curtis J Danson J E Rockett M J Sturdy C Westcott P G White C Berry J A Moulson R N Moorhouse (appointed 18.2.23) ## **Company Secretary** D A Curtis ## **Independent Examiner** Laura R Brain Brosnans Chartered Accountants Birkby House Bailiff Bridge Brighouse West Yorkshire HD6 4JJ Approved by order of the board of trustees on 9 March 2024 and signed on its behalf by: P G White - Trustee Page 5 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** ## **Independent examiner's report to the trustees of Meltham Sports And Community Group Limited ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible 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'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. Page 6 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** ## **Independent examiner's statement** 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: 1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other 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 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns 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 understanding of the accounts to be reached. Laura R Brain Brosnans Chartered Accountants Birkby House Bailiff Bridge Brighouse West Yorkshire HD6 4JJ 9 March 2024 Page 7 ## **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2023** |||2023|2022| |---|---|---|---| |||Unrestricted|Unrestricted| |||funds|funds| ||Notes|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||-|400| |**Charitable activities**|||| |Community sports centre||125,318|133,313| |Investment income|2|74|29| |**Total**||125,392|133,742| |**EXPENDITURE ON**|||| |Bar costs||51,897|40,476| |||51,897|40,476| |Community sports centre running costs||92,301|72,419| |**Total**||144,198|112,895| |**NET INCOME/(EXPENDITURE)**||(18,806)|20,847| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||267,280|246,433| |**TOTAL FUNDS CARRIED FORWARD**||248,474|267,280| The notes form part of these financial statements Page 8 ## **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** ## **BALANCE SHEET 31 MARCH 2023** |Notes
**FIXED ASSETS**
Tangible assets
7
**CURRENT ASSETS**
Stocks
8
Debtors
9
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
10
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**CREDITORS**
Amounts falling due after more than one
year
11
**NET ASSETS**
**FUNDS**
12
Unrestricted funds
**TOTAL FUNDS**|2023
Unrestricted
fund
£
759,989
5,344
4,248
105,039
114,631
(18,204)
96,427
856,416
(607,942)
248,474
248,474
248,474|2022
Unrestricted
funds
£
788,310
4,176
8,078
114,264
126,518
(19,996)
106,522
894,832
(627,552)
267,280
267,280
267,280| |---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006. The notes form part of these financial statements continued... Page 9 ## **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** ## **BALANCE SHEET - continued 31 MARCH 2023** The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable 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 statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 9 March 2024 and were signed on its behalf by: P G White - Trustee M J Sturdy - Trustee The notes form part of these financial statements Page 10 **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023** ## **1. ACCOUNTING POLICIES** ## **BASIS OF PREPARING THE FINANCIAL STATEMENTS** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **INCOME** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **EXPENDITURE** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **TANGIBLE FIXED ASSETS** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |Long leasehold|- 2% on cost| |---|---| |Improvements to property|- 15% on reducing balance| |Plant and machinery|- 25% on reducing balance| |Fixtures and fittings|- 15% on reducing balance| |Computer equipment|- 33% on cost| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. ## **STOCKS** Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. ## **TAXATION** The charity is exempt from corporation tax on its charitable activities. ## **FUND ACCOUNTING** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. continued... Page 11 **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **1. ACCOUNTING POLICIES - continued** ## **FUND ACCOUNTING** Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS** The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **2. INVESTMENT INCOME** |**INVESTMENT INCOME**||| |---|---|---| ||2023|2022| ||£|£| |Deposit account interest|74|29| ## **3. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging: ||2023|2022| |---|---|---| ||£|£| |Depreciation|29,340|30,219| ## **4. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. ## **TRUSTEES' EXPENSES** There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022. continued... Page 12 ## **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **5. STAFF COSTS** The average monthly number of employees during the year was as follows: |Bar staff
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Community sports centre
Investment income
**Total**
**EXPENDITURE ON**
Bar costs
Community sports centre running costs
**Total**
**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|2023
2022
1
2
Unrestricted
funds
£
400
133,313
29
133,742
40,476
40,476
72,419
112,895
20,847
246,433
267,280| |---|---| ## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** continued... Page 13 ## **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **7. TANGIBLE FIXED ASSETS** |**COST**
At 1 April 2022
Additions
At 31 March 2023
**DEPRECIATION**
At 1 April 2022
Charge for year
At 31 March 2023
**NET BOOK VALUE**
At 31 March 2023
At 31 March 2022
**COST**
At 1 April 2022
Additions
At 31 March 2023
**DEPRECIATION**
At 1 April 2022
Charge for year
At 31 March 2023
**NET BOOK VALUE**
At 31 March 2023
At 31 March 2022|Long
leasehold
£
1,167,196
-
1,167,196
417,834
23,344
441,178
726,018
749,362
Fixtures
and
fittings
£
68,131
429
68,560
58,907
1,448
60,355
8,205
9,224|Improvements
to
Plant and

property
machinery
£
£
65,453
42,095
-
590
65,453
42,685
45,127
32,697
3,049
1,499
48,176
34,196
17,277
8,489
20,326
9,398
Computer
equipment
Totals
£
£
1,718
1,344,593
-
1,019
1,718
1,345,612
1,718
556,283
-
29,340
1,718
585,623
-
759,989
-
788,310| |---|---|---| continued... Page 14 ## **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** |**8.**
**STOCKS**
Stocks
**9.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
VAT
Prepayments
**10.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Social security and other taxes
Wages creditor
Pension creditor
VAT
Accruals and deferred income
**11.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Deferred government grants
**12.**
**MOVEMENT IN FUNDS**
At 1.4.22
£
**Unrestricted funds**
General fund
267,280
**TOTAL FUNDS**
267,280|2023
£
5,344
2023
£
593
3,655
4,248
2023
£
16,238
329
(936)
115
-
2,458
18,204
2023
£
607,942
Net
movement
in funds
£
(18,806)
(18,806)|2022
£
4,176
2022
£
-
8,078
8,078
2022
£
18,345
278
(552)
82
39
1,804
19,996
2022
£
627,552
At
31.3.23
£
248,474
248,474| |---|---|---| continued... Page 15 ## **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **12. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Movement
Income
Expenditure
in funds
£
£
£
125,392
(144,198)
(18,806)
125,392
(144,198)
(18,806)| |---|---| ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.4.21
£
246,433
246,433|Net
movement
in funds
£
20,847
20,847|At
31.3.22
£
267,280
267,280| |---|---|---|---| Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Movement
Income
Expenditure
in funds
£
£
£
133,742
(112,895)
20,847
133,742
(112,895)
20,847| |---|---| continued... Page 16 **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** ## **13. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2023. Page 17 ## **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** |**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 31 MARCH 2023**
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Investment income**
Deposit account interest
**Charitable activities**
Bar sales
Electricity generation
Rents received
Room hire income
Grants
Sporting services
**Total income**
**EXPENDITURE**
**Bar costs**
Opening stock
Purchases
Closing stock
**Charitable activities**
Wages
Pensions
Rates and water
Insurance
Light and heat
Telephone
Property and grounds maintenance
Sundries|2023
£
-
74
112,514
2,408
200
8,713
-
1,483
125,318
125,392
4,176
53,065
(5,344)
51,897
26,250
593
3,364
3,169
12,643
1,772
26,831
3,300
77,922|2022
£
400
29
94,690
4,147
13,000
1,710
18,716
1,050
133,313
133,742
500
44,152
(4,176)
40,476
22,924
432
2,346
2,925
3,658
1,830
20,876
2,309
57,300| |---|---|---| This page does not form part of the statutory financial statements Page 18 ## **MELTHAM SPORTS AND COMMUNITY GROUP LIMITED** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023** |**Support costs**
**Management**
Postage and stationery
**Finance**
Bank charges
Deferred government grant
Depreciation of tangible fixed assets
**Governance costs**
Accountancy, legal and professional fees
Total expenditure
**Net (expenditure)/income**|2023
£
36
383
(19,610)
29,340
10,113
4,230
144,198
(18,806)|2022
£
18
1,551
(19,610)
30,219
12,160
2,941
112,895
20,847| |---|---|---| This page does not form part of the statutory financial statements Page 19