2021-12-31-accounts

Frome Canoe Club Statement ofFinancial For the year ended 31	Activities December 2021
			Uarestricted	Restricted	Total Funds	Total Funds
		Note	Funds	Funds	2021	2020
					8
INCOME AND ENDOWMENTS FROM:
Income from donations and legacies			24,127		24,127	11,532
Income froin charitable activities			14,620		14,620	6,227
Bank interest					4	100
TOTAL INCOME AND	ENDOWMENTS		38,751		38,751	17,859
EXPENDITURE ON:
Expenditure on charitable	activities		12,036		12,036	11,182
Other expenditure			5,381	12,133	17,514	17,012
TOTAL EXPENDITURE			17,417	12,133	29,550	28,194
Net Income/(Expenditure)			21,334	(12,133)	9,201	(10,335)
Gross transfers between	funds
			21,334	(12,133)	9,201	(10,335)
Reconciliation offunds:
Total funds at IJanuary	2021		71,714	145,142	216,856	227,191
Total funds at 31December 2021				133,009	226,057	216,856

As at 31D	ecembe	r 2021
			Note	2021		2020
						8	8
Fixed assets
Tangible assets					161,173		177,039
Current assets
Debtors				4,460		2,783
Cash at bank and in		hand		61,422		37,569
				65,882		40,352
Creditors: amounts		falling due
within one year				(998)		(535)
Net current	assets				64,884		39,817
Net assets					226,057		216,856
Represented	by:
Unrestricted	funds		9		73,048		51,714
Designated	funds		9		20,000		20,000
Restricted funds			10		133,009		145,142
Total funds					226,057		216,856

2	Income from donations	and	legacies	Unrestricted	Restricted	2021	2020
	Donations			940		940	224
	Gift Atd Claun			729		729	225
	COVID grants			18,708		18,708	11,083
	Other Grants			3,750		3,750
				24,127		24,127	11532
3	Income from charitable	activities		Ultrcstrtcted	Restricted	2021	2020
					8		8
	Events			1,078		1,078	874
	Coaching			1,320		1,320	485
	Club site			1,189		1,189	1,129
	Saleofequipmmt			17		17	12
	Profit on dtsposal ofequipment			1,449		1,449
	Club sessions			6,435		6,435	2,397
	Club membership			3,132		3,132	1,330
				14,620		14,620	6,227
4	Expenditure an charitable		activities	Unrestrictml 8	Restricted	2021I	2020 8
	Event costs			905		905	709
	Club site costs			5,461		5,461	4,620
	Coachmg costs			2,047		2,047	530
	Membership costs			311		311	290
	Club session costs			1,516		1,516	1,080
	Pundrarsmg costs						200
	Equipment			1,796		1,796	3,753
				12,036		12,036	11,182
5	Other expenditure			Umestricted	Restricted f	2021	2020
	Adnuuistratiou			700		700	599
	Accomuulcy			560		560	535
	Puuucial charges			388		388
	Deprecistson			3,733	12,133	15,866	15,878
				5,381	12,133	17,514	17,012
6	Tangible lixed assets
					PropertyI	Equipment	Total 8
	Cost
	At 1 January 2021				350,493	23,704	374,197
	Disposals				(877)		(877)
	At 31December 2021				349,616	23,704	373,320
	Depreciation
	At 1January 2021				177,612	19,546	197,158
	Charge for the year				14,052	1,814	15,866
	On disposals				(877)		(877)
	At 31 December 2021				190,787	21,360	212,147
	Net book value
	At 31December 2021				158,829	2,344	161,173
	At 31December 2020				172,881

7	Debtors						2021	2020
	Gift std tax claim						700	225
	Other debtors						3,760	2,558
								2,7f!3
8	Creditors:	amounts		falling due within	oae year		2021 f	2020 f
	Other creditors						998	535
9	Uarestricted		fuads
					Balance as at			Balance asat
					IJanuary			31December
					2021	Income	Expenditure	2021
								f
	Charitable	funds			51,714	38,751	(17,417)	73,04t!
	Boat store	extension			20,000			20,000
					71,714			93,048
10	Restricted	reserves
					Balance as at			Balance as at
					IJanuary			31December
					2021	Income	Expenditure	2021
	Buildtng reserves				144,914		(12,025)	132,889
	Slalom boats				228		(108)	120
					145 142
11	Analysis of		net assets between fuads
						Fixed	Net
						assets	assets	Total
						f,
	Restncted	funds				145,138	(12,129)	133,009
	Unrestricted		funds			16,035	77,013	93,048
								226,057