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2023-03-31-accounts

Trustees Mr A J Fearnley
MrP E Millman
MrAS Young
Mr P Snabel
Mr A Simmons
Mr l Davis
Mr P Messenger
Mr R Burt
Charity number 1097049
Company number 02149293
Principal address Church Road
Crowborough
East Sussex
TN6 1BN
Registered office Church Road
Crowborough
East Sussex
TN61BN
Independent examiner Alastair Towler BFP ACA DChA
18 Hyde Gardens
Eastbourne
East Sussex
BN21 4PT

Page
Trustees’ report 1 - 2
Independent examiner’s report 3
Statement of financial activities 4-5
Statement of financial position 6-7
Statement of cash flows 8
Notes to the financial statements 9-20

Current financial year
Unrestricted Total
funds
2023 2022
Notes £ £
Income from:
Donations and legacies 3 - 17,120
Charitable activities 4 106,174 85,955
Other activities 5 69,151 55,741
Investments 6 - 5
Total income 175,325 158,821
Expenditure on;
Fundraising and cost of sales 7 50,355 42,242
Charitable activities 8 101,990 115,156
Total expenditure 152,345 157,398
Net income for the year/
Net movement in funds 22,980 1,423
Fund balances at 1 April 2022 499,964 498,541
Fund balances at 31 March 2023 522,944 499,964

Prior financial year
Unrestricted Restricted Total
funds funds
2022 2022 2022
Notes £ £ £
Income from:
Donations and legacies 3 17,120 - 17,120
Charitable activities 4 85,955 - 85,955
Other activities 5 55,741 - 55,741
Investments 6 5 - 5
Total income 158,821 - 158,821
Expenditure on:
Fundraising and cost of sales 7 42,242 - 42,242
Charitable activities 8 106,611 8,545 115,156
Total expenditure 148,853 8,545 157,398
Gross transfers between funds (5,141) 5,141 -
Net income for the year/
Net movement In funds 4,827 (3,404) 1,423
Fund balances at 1 April 2021 495,137 3,404 498,541
Fund balances at 31 March 2022 499,964 - 499,964

2023 2022
Notes £ £ £ £
Fixed assets
Property, plant and equipment 13 479,410 483,149
Current assets
Inventories 14 2,852 1,860
Trade and other receivables 15 93 1,179
Cash at bank and in hand 77,170 57,739
80,115 60,778
Current liabilities 17 (11,031) (11,113)
Net current assets 69,084 49,665
Total assets less current liabilities 548,494 532,814
Non-current liabilities 18 (25,550) (32,850)
Net assets 522,944 499,964
Income funds
Unrestricted funds - general
General unrestricted funds 29,922 6,942
Revaluation reserve 493,022 493,022
522,944 499,964
522,944 499,964

2023 2022
Notes £ £ £ £
Cash flows from operating activities
Cash generated from operations 22 26,731 10,581
Investing activities
Investment income received - 5
Net cash (used in)/generated from
investing activities - 5
Financing activities
Repayment of bank loans (7,300) (7,300)
Net cash used in financing activities (7,300) (7,300)
Net Increase in cash and cash equivalents 19,431 3,286
Cash and cash equivalents at beginning of year 57,739 54,453
Cash and cash equivalents at end of year 77,170 57,739

**Total ** Unrestricted
funds
general
2023 2022
£ £
Grants received 17,120
Grants receivable for core activities
Government Covid grants 13,200
CJRS - HMRC furlough 3,920
17,120
10
C		 O <0
CM
CM*		 85,955
6,071
4,395
L
O
CO		 3,805
CM' 4,499
o 6,000
CO 61,185

**Unrestricted ** Unrestricted
funds funds
general general
2023 2022
£ £
Fundraising events 3,872 2,419
Bar and shop sales 38,990 30,966
Letting and licensing arrangements 25,239 21,404
PRS licence income 960 697
Trading activity income: other 90 255
Other activities 69,151 55,741

**Total ** Unrestricted
funds
general
2023 2022
£ £
Interest receivable - 5
Fundraising and cost of sales
**Unrestricted ** Unrestricted
funds funds
general general
2023 2022
£ £
Fundraising and publicity
Staging fundraising events 3,362 2,460
Cost of sales
Bar and shop expenditure 21,584 17,999
Staff costs 25,409 21,783
Cost of sales 46,993 39,782
50,355 42,242

Overheads Sports Total Total
development 2023 2022
£ £ £ £
Staff costs 24,265 24,265 25,722
Depreciation and impairment 3,739 - 3,739 3,811
Office expenses - - - 277
Projects 3,007 - 3,007 10,447
Tennis fees and match expenditure 3,075 - 3,075 3,197
Squash fees and match expenditure 670 - 670 671
Tennis repairs 1,030 - 1,030 6,872
General repairs and maintenance - - - 4,505
Coaching costs 800 - 800 684
36,586 - 36,586 56,186
Share of support costs (see note 9) 62,836 62,836 56,702
Share of governance costs (see note 9) 2,568 - 2,568 2,268
101,990 - 101,990 115,156
Analysis by fund
Unrestricted funds - general 101,990 - 101,990
101,990 - 101,990
For the year ended 31 March 2022
Unrestricted funds - general 106,611 - 106,611
Restricted funds - 8,545 8,545
106,611 8,545 115,156

Support costs
Support Governance 2023 Support Governance 2022
costs costs costs costs
£ £ £ £ £ £
Staff costs 20,059 20,059 19,022 19,022
Rates 2,862 2,862 2,546 2,546
Light & Heat 15,884 15,884 14,609 14,609
Insurance 2,490 2,490 2,171 2,171
Maintenance and
contracts servicing 12,332 12,332 9,095 9,095
Printing, postage,
stationery and
advertising 299 299 140 140
Telephone 1,354 1,354 1,775 1,775
Computer expenses 1,689 1,689 1,734 1,734
Licences 2,654 2,654 1,708 1,708
Sundry expenses 3,213 3,213 3,902 3,902
Accountancy and
independent examination 2,568 2,568 2,268 2,268
62,836 2,568 65,404 56,702 2,268 58,970
Analysed between
Charitable activities 62,836 2,568 65,404 56,702 2,268 58,970

The average monthly number of employees during th e year was:
2023 2022
Number Number
Office 3 3
Maintenance 1 1
Bar 4 3
Total 8 7
Employment costs 2023 2022
£ £
Wages and salaries 68,857 65,662
Other pension costs 876 865
69,733 66,527

Property, plant and equipment
Freehold Plant and Total
buildings machinery
£ £ £
Cost
At 1 April 2022 595,403 143,658 739,061
At 31 March 2023 595,403 143,658 739,061
Depreciation and impairment
At 1 April 2022 118,342 137,569 255,911
Depreciation charged in the year 3,123 617 3,740
At 31 March 2023 121,465 138,186 259,651
Carrying amount
At 31 March 2023 473,938 5,472 479,410
At 31 March 2022 477,060 6,089 483,149

14 Inventories
2023 2022
£ £
Finished goods and goods for resale 2,852 1,860
**15 ** Trade and other receivables
2023 2022
Amounts falling due within one year: £ £
Trade receivables 93 1,179
**16 ** Borrowings
2023 2022
£ £
Borrowing 32,850 40,150
Payable within one year 7,300 7,300
Payable after one year 25,550 32,850

Current liabilities
2023 2022
Notes £ £
Borrowing 16 7,300 7,300
Other taxation and social security 631 903
Trade payables 3,100 2,910
11,031 11,113
Non-current liabilities
2023 2022
Notes £ £
Borrowing 16 25,550 32,850

Movement
in funds
Balance at Resources Transfers Balance at Incoming Balance at
1 April 2021 expended 1 April 2022 **resources ** 3"
I March 2023
£ £ £ £ £ £
Indoor Courts project 3,404 (8,268) 4,864 - - -
Lounge Refurb - (277) 277 - - -
3,404 (8,545) 5,141 - - -

**22 ** Cash generated from operations 2023 2022
£ £
Surplus for the year 22,980 1,423
Adjustments for:
Investment income recognised in statement of financial activities - (5)
Depreciation and impairment of property, plant and equipment 3,739 3,811
Movements in working capital:
(Increase) in inventories (992) (569)
Decrease in trade and other receivables 1,086 3,558
(Decrease)/increase in trade and other payables (82) 2,363
Cash generated from operations 26,731 10,581

**23 ** Analysis of changes in net funds
At 1 April 2022 Cash flowsAt 31 March 2023
£ £ £
Cash at bank and in hand 57,739 19,431 77,170
Loans falling due within one year (7,300) - (7,300)
Loans falling due after more than one year (32,850) 7,300 (25,550)
17,589 26,731 44,320