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2022-12-31-accounts
|
|
Page |
|
| Trustees' Report |
1 |
to |
2 |
| Independent Examiner's Report |
|
3 |
|
| Statement of Financial Activities |
|
4 |
|
| Balance Sheet |
|
5 |
|
| Notes to the Financial Statements |
6 |
to |
14 |
| Detailed Statement of Financial Activities |
15 |
to |
16 |
|
|
|
|
|
31.12.22 |
31.12.21 |
|
|
Unrestricted |
Designated |
Restricted |
Total |
Total |
|
|
funds |
fund |
fund |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
£ |
| INCOME AND |
|
|
|
|
|
|
| ENDOWMENTS FROM |
|
|
|
|
|
|
| Donations and legacies |
|
57,283 |
|
|
57,283 |
50,667 |
| EXPENDITURE ON |
|
|
|
|
|
|
| Other |
|
(39,740) |
(16,890) |
|
(56,630) |
(33,157) |
| Net gains/(losses) on |
|
|
|
|
|
|
| investments |
|
(6,116) |
|
|
(6,116) |
2,388 |
| NET |
|
|
|
|
|
|
| INCOME/(EXPENDITURE) |
|
11,427 |
(16,390) |
|
(5,463) |
19,898 |
| Transfers between funds |
11 |
(21,787) |
21,787 |
|
|
|
| Net movement in funds |
|
(10,360) |
4,897 |
|
(5,463) |
19,898 |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
|
| Total funds brought forward |
|
115,342 |
129,905 |
500 |
245,747 |
225,849 |
| TOTAL FUNDS CARRIED |
|
|
|
|
|
|
| FORWARD |
|
104,982 |
134,802 |
500 |
240,284 |
245,747 |
|
|
|
|
|
31.12.22 |
31.12.21 |
|
|
Unrestricted |
Designated |
Restricted |
Total |
Total |
|
|
funds |
Fund |
fund |
funds |
funds |
|
Notes |
£ |
|
|
|
£ |
| FIXED ASSETS |
|
|
|
|
|
|
| Tangible assets |
4 |
105,531 |
|
500 |
106,031 |
109,634 |
| CURRENT ASSETS |
|
|
|
|
|
|
| Stocks |
5 |
840 |
|
|
840 |
|
| Debtors |
b |
153 |
|
|
153 |
1,158 |
| Investments |
7 |
|
44,920 |
|
44,920 |
51,036 |
| Cash at bank and in hand |
|
36,227 |
89,882 |
|
126,109 |
125,455 |
|
|
37,221 |
134,802 |
|
172,023 |
177,649 |
| CREDITORS |
|
|
|
|
|
|
| Amounts falling due within |
|
|
|
|
|
|
| one year |
8 |
(23,619) |
|
|
(23,619) |
(24,786) |
| NET CURRENT ASSETS |
|
13,602 |
134,802 |
|
148,404 |
152,863 |
| TOTAL ASSETS LESS |
|
|
|
|
|
|
| CURRENT LIABILITIES |
|
|
|
|
254,434 |
262,497 |
| CREDITORS |
|
|
|
|
|
|
| Amounts falling due after |
|
|
|
|
|
|
| more than one year |
9 |
(14,150) |
|
|
(14,150) |
(16,250) |
| NET ASSETS |
|
104,982 |
134,802 |
500 |
240,284 |
245,747 |
| FUNDS |
11 |
|
|
|
|
|
| Unrestricted funds |
|
|
|
|
|
245,247 |
| Restricted funds |
|
|
|
|
500 |
500 |
| TOTAL FUNDS |
|
|
|
|
240,284 |
245,747 |
|
Unrestricted |
Designated |
Restricted |
Total |
|
funds |
Fund |
fund |
funds |
|
£ |
£ |
£ |
£ |
| INCOME AND ENDOWMENTS FROM |
|
|
|
|
| Donations and legacies |
50,667 |
|
|
50,667 |
| EXPENDITURE ON |
|
|
|
|
| Other |
(33,157) |
|
|
(33,157) |
| Net gains/(losses) on investments |
2,388 |
|
|
2,388 |
| NET INCOME/(EXPENDITURE) |
19,898 |
|
|
19,898 |
| Transfers between funds |
(21,787) |
21,787 |
|
|
| Net movement in funds |
(1,889) |
21,787 |
|
19,898 |
| RECONCILIATION OF FUNDS |
|
|
|
|
| Total funds brought forward |
117,231 |
108,118 |
500 |
225,849 |
| TOTAL FUNDS CARRIED FORWARD |
115,342 |
129,905 |
500 |
245,747 |
|
|
Chew |
|
|
|
|
Valley |
|
|
|
|
School |
|
|
|
Clubhouse |
Courts |
Internet |
Totals |
| COST |
|
|
|
|
| At 1 January 2022 |
153,104 |
13,933 |
|
167,037 |
| Additions |
|
|
4,413 |
|
| Grants |
|
|
|
|
| At 31 December 2022 |
153,104 |
13,933 |
4,413 |
167,037 |
| DEPRECIATION |
|
|
|
|
| At 1 January 2022 |
(55,116) |
(2,787) |
|
(57,903) |
| Charge for year |
(6,123) |
(1,393) |
|
(7,517) |
| At 31 December 2022 |
(61,239) |
(4,180) |
|
(65,420) |
| NET BOOK VALUE |
|
|
|
|
| At 31 December 2022 |
91,865 |
9,753 |
4,413 |
106,031 |
| At 31 December 2021 |
97,988 |
11,146 |
|
109,134 |
| 5. |
STOCKS |
|
|
|
|
|
|
|
31.12.22 |
|
31.12.21 |
|
|
|
|
£ |
|
|
Fobs |
|
|
840 |
|
| 6. |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
|
31.12.22 |
|
31.12.21 |
|
|
|
|
|
£ |
|
CVS account |
|
|
|
|
|
Other debtors |
|
|
153 |
1,158 |
|
|
|
|
153 |
1,158 |
| 7. |
CURRENT ASSET INVESTMENTS |
|
|
|
|
|
|
|
Cost |
2022 |
2021 |
|
|
|
£ |
£ |
£ |
|
1,494.64 COIF Charities |
Investment Fund - Income Units - market |
14,512 |
27,165 |
30,739 |
|
value |
|
|
|
|
|
15,281.17 COIF Charities |
Investment Fixed Interest Fund - Income |
|
|
|
|
Unitsmarket value |
|
|
|
|
|
|
|
20,000 |
17,755 |
20,297 |
|
|
|
34,512 |
44,920 |
51,036 |
|
31.12.22 |
31.12.21 |
|
£ |
|
| Other loans (see note 10) |
2,100 |
10,100 |
| Trade creditors |
|
|
| Accrued expenses |
6,372 |
2,384 |
| Deferred revenue |
15,147 |
12,302 |
|
23,619 |
24,786 |
|
|
|
|
|
31.12.22 |
31.12.21 |
|
|
|
|
|
£ |
|
| Other |
loans |
(see |
note |
10) |
14,150 |
16,250 |
|
31.12.22 |
31.12.21 |
|
£ |
|
| Amounts falling due within one year on demand: |
|
|
| LTA Loan |
2,1100 |
10,100 |
| Amounts falling due between two and fve years: |
|
|
| LTA Loan |
14,150 |
16,250 |
| MOVEMENT IN FUNDS |
|
|
|
|
|
|
Net |
Transfers |
|
|
|
movement |
between |
At |
|
At 1.1.22 |
in funds |
funds |
31.12.22 |
|
|
|
|
£ |
| Unrestricted funds |
|
|
|
|
| General Accumulated Surplus |
115,343 |
11,427 |
(21,787) |
104,983 |
| Designated Fund |
129,904 |
(16,890) |
21,787 |
134,801 |
|
245,248 |
(5,463) |
|
239,784 |
| Restricted funds |
|
|
|
|
| Childrens Membership and Coaching |
|
|
|
|
| Fund |
500 |
|
- |
500 |
| TOTAL FUNDS |
245,748 |
(5,463) |
|
240,284 |
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General Accumulated Surplus |
57,283 |
(39,740) |
(6,116) |
11,427 |
| Designated Fund |
|
(16,890) |
|
(16,890) |
|
57,283 |
(56,630) |
(6,116) |
(5,463) |
| TOTAL FUNDS |
57,283 |
(56,630) |
(6,116) |
(5,463) |
|
|
Net |
Transfers |
|
|
|
movement |
between |
At |
|
At 1.1.21 |
in funds |
funds |
31.12.21 |
|
|
|
£ |
|
| Unrestricted funds |
|
|
|
|
| General Accumulated Surplus |
117,232 |
19,898 |
(21,787) |
115,343 |
| Designated Fund |
108,118 |
|
21,787 |
129,904 |
|
225,349 |
19,898 |
|
245,247 |
| Restricted funds |
|
|
|
|
| Childrens Membership and Coaching |
|
|
|
|
| Fund |
500 |
|
|
500 |
| TOTAL FUNDS |
225,849 |
19,898 |
|
245,747 |
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
|
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General Accumulated Surplus |
50,667 |
(33,157) |
2,388 |
19,898 |
| Designated Fund |
|
|
|
|
|
50,667 |
(33,157) |
2,388 |
19,898 |
| TOTAL FUNDS |
50,667 |
(33,157) |
2,388 |
19,898 |
|
|
Net |
Transfers |
|
|
|
movement |
between |
At |
|
At 1.1.21 |
in funds |
funds |
31.12.22 |
|
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General Accumulated Surplus |
117,232 |
31,325 |
(43,573) |
104,983 |
| Designated Fund |
108,118 |
(16,890) |
43,573 |
134,801 |
|
225,350 |
14,435 |
|
239,784 |
| Restricted funds |
|
|
|
|
| Childrens Membership and Coaching |
|
|
|
|
| Fund |
500 |
|
|
500 |
| TOTAL FUNDS |
225,850 |
14,435 |
|
240,284 |
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
|
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General Accumulated Surplus |
107,949 |
(72,897) |
(3,727) |
31,325 |
| Designated Fund |
|
(16,890) |
|
(16,890) |
|
107,949 |
(89,787) |
(3,727) |
14,435 |
| TOTAL FUNDS |
107,949 |
(89,787) |
(3,727) |
14,435 |
| INCOME AND ENDOWMENTS |
|
|
| Donations and legacies |
|
|
| Members' Subscriptions |
42,595 |
37,581 |
| Visitor fees |
892 |
1,474 |
| Coaching income |
10,1,195 |
7,078 |
| Tournament Income |
142 |
168 |
| Donations |
590 |
2,066 |
| Fund raising |
638 |
465 |
| Merchandising income |
94 |
|
| Key sales |
15 |
48 |
| Insurance claim |
|
|
| Gift Aid |
(210) |
(233) |
| Match fees |
524 |
355 |
| Ball recycling income |
|
32 |
| Deposit interest |
343 |
259 |
| Dividends |
1,465 |
1,374 |
|
57,283 |
50,667 |
| Total incoming resources |
57,283 |
50,667 |
| EXPENDITURE |
|
|
| Other |
|
|
| Accounting software costs |
135 |
68 |
| Business rates |
250 |
57 |
| Clubhouse cleaning |
835 |
840 |
| Clubhouse costs |
966 |
312 |
| Coaching costs |
4,483 |
3,570 |
| Courts maintenance |
|
867 |
| Electricity BSTC |
4,171 |
1,326 |
| Electricity CVS |
637 |
477 |
| Equipment costs |
2,180 |
615 |
| Floodlight maintenance |
16 |
4,607 |
| Grounds and car park maintenance |
12,301 |
7,187 |
| Internet charges |
502 |
213 |
| Junior section expenses |
|
137 |
| Keys and locks |
|
|
| Carried forward |
26,477 |
20,276 |
|
31.12.22 |
31.12.21 |
|
|
£ |
| Other |
|
|
| Brought forward |
26,477 |
20,276 |
| League fees and court hire |
418 |
409 |
| LTA subs |
1,137 |
1,237 |
| Merchandise costs |
|
72 |
| Miscellaneous costs |
456 |
46 |
| Postage, printing and stationery |
|
20 |
| Tennis balls |
1,010 |
486 |
| Tennis leaders' course |
|
|
| Trophies |
634 |
988 |
| Trustee benefts taken |
450 |
450 |
| Venue insurance |
1,556 |
1,526 |
| Water |
86 |
130 |
| Depreciation |
7,517 |
7,517 |
|
39,740 |
33,157 |
| Total resources expended |
39,740 |
33,157 |
| Net operating income/(expenditure) |
|
|
| before gains and losses |
17,543 |
17,510 |
| Realised recognised gains and losses |
|
|
| Realised gains/(losses) on fxed asset |
|
|
| investments |
(6,116) |
2,388 |
| Net operating income/(expenditure) before sinking fund expenditure |
11,427 |
19,898 |
| Sinking furnd expenditure |
|
|
| Repaint ofCVScourts |
(16,390) |
|
| Net movement in unrestricted funds |
(5,463) |
19,898 |
| Note : Annual sinking fund provision is £21,787 (2021 - £21,787) |
|
|