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|**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|
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||**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|
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|**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|
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|**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|
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|||**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|
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|||**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|
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||**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|
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||**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**|
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||**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|
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|**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|
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|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|
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|**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|
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|**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|
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|**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|
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||||||**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|**-**|**-**|**-**|
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|**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|
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|**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|