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; REGISTERED COMPANY NUMBER: 02247448 (England ‘ind Wales) REGISTERED CHARITY NUMBER: 1109093
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‘REPORTOF THE TRUSTEES AND ‘FINANCIAL:'STATEMENTS - FOR THE YEAR ENDED30 SEPTEMBER 2024
FOR . ‘ADUR INDOOR BOWLING CLUB LIMITED
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ADUR INDO.OR.BO.W.LING CLUB LIMI.T.ED. C.ONTEJYTS OF THE FJNANCJA'L.STA TEMENTS FOR THE YE.AR.ENIJED 3.0.SEPTEMBER,2024 Rcport ofthe Trust"¢¢'s. liidependent Examirierls. Report St*ttment. of Fin:hn¢lJl Acllvilies Balance Shee¢ Noiés io thi, Finantiiil. St#t&m¢ntl". 'Dcl#ilLd Stalcnient. of Finllnci21 Activities
ADtJR INDOOR BOWLIJ¥G CLUB LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2024 The trusl¢c5 who are also director5 of tli¢ chttrity for tlie purposes of th¢ Companie5 Aci 2006. pre¥ent their repon wilh the financial statements ofthe charity for the year ended 30 September 2024. The trustees have adopted rl)c provisions of Accountiiibj and. Reporting by Charitics.. Statement of Recoinm¢nd¢d Praciic¢ applicabl¢ to charitie5 preporinu) their ac¢ourtts in uccordance with rh¢ Financial Reporting Siandard applicable in the UK and RLpublic of Ireland IfRS 102) (effective l January 2019). 0ECTIVEs AND ACTIVITICS Objectives and aims The objectives of the charity are: The proinotion of comniunity participation in he41tliy recreatjon by providing facilities for playing indoor bow15, for people of all abilities. including special care for the disabled. Tl)e charity has the general aiin.of conlributinbw to ihe quality of life of people. The. area in which- the people niay benefit is not defincd but in practice il rclales to ihe Southivick. 8r¢a of Wesl Sussix, althoubyh members may live Ihroughoui the county and also in neighbouring East Sussex. The chariiy is dependent iipon the voluntary help of ils members. ACHIE.VEMENT AND PERFORMANCE Cliarilable activilies I'he charity has continued lo improve the facilities of the club for Ihe b¢nefi¢ of all its menibers. This has beeii acliieved by thc 5UPPOrt of members. bo¢h tinancially and practically. and from tho utilisaiion of funds in general. In 2024, a new socittl Committee was estthblislied ¢0 give extra impetus I'o fund raising and lo provide a wider range or activilies for enjoyment of all members. Fundraising llctivitles Various fund raising ¢vents are held (hrou&phout ihe year as Shown in ihe artached accounts. FINANCIAL REVIEW Financial position Tl)e number of menibers bowling has steadily iiicreased duringp the year, following ihe restrictions iinposed duriiig 2020 and 2021 by the Covid pandemic. However, the number of members has n.ot yet recovered to previou5 levels. Tlie niain source of funds is from I'he members by way of 5ubsGripiions or for payment for use of th¢ club'5 facilities, 50 membership numbers ar(t key to maintaining inconie. Principtsl funding. sourc¢5 The niain source of fvnds is from the Members by way of Subscriptions or for payinent in respect of the use of the Club's facilities. Investment policy And objectives Under the Memorthndum and Articl¢s OF Association the chArity lia5 the power to invest in any way Ihe iriistees wish. The trustees have regard to the liquidity requirements of operaiing the ¢lub and its reserves policy. They have therefore operaled a policy of keepiiig funds in interest bewing deposit accounts. Reserves policy The charily operat¢s on a non-profit makin& b&sis. Any Surplus for a financial period is retained ro b¢ utilised by the charity for Ihe beiiefil of the club and its members. FUTURE PLANS April 2023 saw a major investment made by rhe club. in form ot a new bowling surface, to replace the original surface wliich has been in u5¢ Since Ilie ¢lub was founded in 1990. The Club Can iiow ensure that mÈmber5 can conlinue io enjoy bowling on a high quality carpet for many year5 to come. 111 2024, rederoratioii of certain areas of ihc club premises. will bc Continued in accordance with the planned on-.going niainienance programme. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing docuinenl Adur Indoor Bowling Club Limited is 2 company limited by guarantee governed by its Memorandum'and Articles or A550ciation dated.2?nd April 1988. It is a regisiered L'hatity Wlth the Charity Commission. RecTuilment and appointment of new trustees
ADUR INDOOR BOWLINC CLUB LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEM.BER 2024 Reei-uitment 4iid appointment of new trustees Current trustees have the right to invite new trusieel onto th¢ Board. Organisational struct.ure 'ri)e Board C<1111)8ve no fewer than 5 and up to 8 members."The Board adminiirers the Charity- ThÈ. B'oard hold.monihly meetings. A Chairperson is appointed by the.trLJStee5 to oversee the day-lo-day operations of the charity. To facililate effective operati0riS.tlie"cl)airperson can dele'gate:autliority for operational matters including finance. Related partles All trustees'are"members.ofthe'club and can use the club's facilities accordingly Sadly'the Club lost a k¢y member of the Board th'is year with the death of Desmond Collins. Desmond had given Yaluable service to Ilie Club for.many y¢ar.s, most reccntly as Company Secr.¢lary.. Public benefit The Trusiees hrfive, had r¢5•ard¥ to thc guidance issued by die Charity Commission. on public benefit. REFERENCE AND ADMINISTRATIVE DETAILS RegistL'red Compuiiy numbiir 02247448 (England and Wales) Regi$ttred Charity iivmb¢r 1109093 Regi$¢erod orfice Southivick Recreaiion Ground Old Barn Way Southwick West Siissex BN42 4NT Tru$tees P Aikins T QLiayle Mrs J l-lolden I PAlmei' A Rogers Compiiny Sotrttttry A Rogets ndep'endent CYamin¢br Ldward.de Souzic MAA'T Sirrioii Winiiard & CoiMÈany Redingi'on Cour! 69 CIIuFch Road Fast SiiSse.Y BN3 2BB Approved by order of the board_of trLlStees on nd signed on it5 behalf by..
INDEPENDENT EXAMINER'S REPO.RT TO THE TRUSTEES O ADUR INDOOR BOWLINC CLUB LIMITED Independent ¢xamiiJer's report to tlie truslees of Adiir Indoor Bowling Club Limited Ctht Company,) I r¢POll to the charity trustees on my e,Yaminatiori of the accounts of the Company for the year ended 30 September 2024. RespoThsibiliti¢s and b4sis of rLport' As. tlie charity's Irust¢¢s of.lhe Company (and also its direclors'for the PUoSe5 of company law) you are re.sponsible for the preparation of ihe accounts in hecordance with ihe requirements of the Companies Act 20.06 ('the 2006 Aci,). Having satisfied myself ihar thc accounts of the Company are not required 10 be audiled ui)d¢r Pllrt 16 of ihe 2006 Acl and are eligible for independenl examinatioii. I repor( in respect of examination of y.out eharify's accounts as carried under Section 145 of the Charities Act 2011 ('th¢ 201 l Act,).. .'In cryIng oul niy examination l.. have folloNved ihe Direction"s given by tl)¢ Charity'commission under Section 'l'45{5) (b) of Ihe 201 I ACL Indcp¢iident examikncr's statemen¢ I have Lompleted 'my examination. I confirni t113t 110 mgtters h'ave com¢ to my attention. in connecl'ion iyiih i'lie ex,amination givin8, me cause to believe.. ac¢ounling reoords were. not kept iii.respect' o'f the Company"&s required by Section 386 of ihe 2006 A¢t; or i'ho accounis do not.occord' wilh those records- or Ili¢ &ccovnts do noi coimply will) the accountin8 requirements of Section 396 of ihe 2006 Act oiher tli&in &ny requirement tliai.th¢ accounts giv¢ a true and l'air vieiv wliich is not a niarter tonsidtrcd as part of ali independ¢nt examination- or the accounls liave iiot been prepared in accordance witli (h¢ Ine(liods alTd princii)1i5 Ot Ih&' S(aienieii(' of Recommcnd¢d Practico for accounting and reporting by cliarities (applicable. io charities preparing Iheir'ac¢ountS iii accordance iviili the Financial R.eportinbJ Standard uppliLablc in the UK and Republic of Irelnnd (fRS 102)). 1118ve no concenis and have ¢oine across no oiher m&llers in connection wilh the e,xamir)ation lo which allention should b¢ drdivn. in this report in order to enable u proper undersiaiidins of the &¢counts to be reached. Lk AL. Mr Edward de Sou7J¥l MAAT Simon. Winnard & Company R¢din8ton Court 69 Church Road Hove East. Sysle BN3 2BB Date: ....
STATEMEN.T OF FINANC.IAL ACTIV.ITIES INCO.MEANDEND.OWMENTS FROM Do.nations and legacies .Other Trad.ing Acti.vities Inv.estme.nt Income Total 157,50Q 137,803 121 169,630 149,996 EXPENDITURE'ON Raisi.ng Funds 133,889 85,058 182,3.67 NET INCO.ME/ {EXPENDITURE) {49,318) 132. 370) RECONCILIATION OF FUNDS Total funds brought forward 189,398 221,768. TOTAL.FUNDS CARRIED FORWARD 140,080 189, 398
BALANCE SHEET 2024 2023 FIXED ASSETS Tangible Assets 141,824 176,672 CURRENT ASSETS Stocks Debtors Prepayments Cash at 8ank and In Hand 2,221 18,504 3,620 42,627 66,973 2,221 14,974 3,455 58,331 78,982 CREDITORS Amounts falling due within one year (68,7171 (66,256) NETCURRENT ASSETS (1,744 12,726 TOTAL ASSETS LESS CURRENT UABIUTIES 140,080 189,398 NET ASSETS FUNDS Unrestricted Funds 140,080 189,398 TOTALFUNDS 140,080 189,398 The charitable company 15 enliiled ex¢mpiion from audit under Section 477 of the Companies Act 2QOO tor the year ¢nded 30 September 2024. The members have not required the company lo obtain an audii of its ftnancial stlltements for the year ended 30 Sepieimber 2024 in accordance with Section 476 of Ihe Companies Act 2006 'rh¢ trusiees acknowledge their responsibilities for (a) Ensuring that the charilable company k¢eps accounting record5 that comply with Seclions 386 and 387 of i'he Conipaiiies Aci 2006 and (b) Preparing financial siatements whi¢h give a true and fair view of the state of affairs of the churilable Company as ¢lt th¢ end of ¢a¢li financial year and of its Surplus OT deficii for ea¢h financial year in accordance with the requir¢inents of S¢¢lions i94 and 395 and which otherwise comply wilh ihe iequirem¢nts of the Companies Act 2006 relaling lo financial stal¢m¢nts, so far as applicable to ihe charitable company. These financial slalemenls have been prepared in a¢¢oidance with the provisions applicable to charitabl¢ coinpanies subject lo Ihe small companies re8ime. The financial stat¢m¢iits were approved by the Board of Trustees and authorised fof issue on .and werc signed on its behalf by MLLacts J- Ihil'tr T Quayle- Trustee
ADUR INDOOR BOWLING CLUB LIMITED NOTCS TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTMBER 2024 ACCOUNTING PO.LICIES Basis of preparing the financial stalements The financial slalements of the charitable company. Ivhirh is a public benefit eniity under FRS 102. have becn prepared 117 accordance with the Charities SORP (FRS 102) 'Accounlingi and Reporting by Charilies: Statemcni of Recommended Practice applicable to charities preparing their accounls in accordance with the Financial Reporting Siandard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial R¢porting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and ihe Companics Aci 2006. The financial statements have been Prepared under the historical c051 convention. 'Income All income is recognised in ihe Statement of Financial Activities once the charity has entitlement to the funds. it is probablc Iliat ihe.incom¢ will be received and the 8mouiit can be measur¢d reliably. Expenditui'e Liabilities are recognised 8$ expenditure •$ soon as there is a legal or ¢onstruetive obligpation comm ill'ing the charity to that expenditure. it is proboble that a transfer of economic b¢nefit$ will be required in settlement and the amount of Ihc obligation can be measured reliably. Expendiiure is Accounied for on an accruals basis and has been classified under headings that aggregate all ¢o$t related to the ¢ateb)ory. Where cosls cannor be directly attributed to particular headings th¢y have been allo¢at¢d to activities on a basis consistent with the use of resources. Tthngible fixed u$sets Depreciaiion is provided ¥t the followin8 annuol raies in order to write off each as$et ov¢r it$ estimated useful life. Short leasehold Improvements to property Fixlures & fittings Computer Equipment & website 5•/0 on cost in accordance with the property l 00/0 on cost l OQ/o on cosr Siocks Siocks ar¢ valued at Ilie lower of cost and nei realisable Value, after maki1i8 due allowance for obsolele fynd slow niovin8 iiems. Taxalion The ch#rity is exempt froin corporHtion on its charitoble acrivities. Fund 4¢COlllltiDg Unrestricted funds can be us¢d in ac¢ordan¢e with the charitable objectives al the discretion of the trustees, Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise ivhen specified by the donor or when fund5 are raised for parEicular restricted purposes. Further explanaiion of the ilaiure and purpose of each fund is included in the notes to ihe financial Siatemenls.
ADUR INDOOR BOWLING CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTMBER 2024 OTHER TRADING ACTIVITIES 2024 2023 Goods and Uniforms sold Adverlisins and Sponsorship$ Competition and Entry Fees Meals Kitchen Franchise Gross Income from 300 Club Payphone Receipts Income from Copi¢r Out of Hour5 Refreshments Other income 1,797 1,461 1.681 1,251 1.331 1.349 80 1,240 2,1120 1,363 1,690 17 3,826 175 4,010 INVESTMENT INCOME 2024 2023 Deposit account interest 108 NET INCOMEI(EXPENDITURE) Nel in¢om¢l(expenditure) is stated after chargingl(cr¢diling): 2024 2023 Depreciation - owned assets Deficit on disposal of fixcd assets 34,848 35,819 1.902 TRUSTEES, REMUNERATION AND BENEFITS There w¢re no trustees, remuneration or other b¢nefils for th¢ yeaT ¢nd¢d Joih S¢plember 2024 nor for the y¢ar ended 30th September 2023. Trusiees, expen5 Tliere were no tn5Ste¢s' expenses paid for the year ended 30 September2024 nor for the year ended 30ih September 2023.
ADUR INDOOR BOWLING CLUB LIMITED FOR THE YEAR ENDED 30 SEPTMBER 2024 NOTES TO THE FINANCIAL STATEMENTS COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fuiid INCOME AND ENDOWMENTS FROM Donations and legacies 137,803 Other Irading activities Investment income 12,086 108 Total 149.996 SXPENDITURE ON Rtyising fvnds Other 106,383 Total 182367 NET LOSS 32,370 RECONCILIATION OF FUNDS Total funds brouglit forward 221,768 TOTAL FUNDS CARRIED FORWARD 189,398 10
ADUR INDOOR 80WLING CLUB LIMITED 140TÉ5 TOTHE ACCOUNTS. ¥LANCE'5HEETONLY. Y•ar tndlni 30.$•pi•mbei2024 FIXED A55E¥S short L•sehpld Impr.o¥ements ro Property Fiufe5 ¥nd Fhtlny ,Compvttr Equlpn)nt nd Wetyslte COST At 0111012023. Addltlofii YE•r 855,'659 78,241 11,D30 32>,37 y.,9Y9 I, JQ3,17? Af 3010917071 855,fj50 70,291 11.,030 513,327 34,979 .l303,277 DEPhtClATION At Chèrie lof Y••r ACE Qepn on D15Pt>>¥ls in Yelr At 3010912024 ..OJIIOI2023 790,?7..7 95,174 3.?35 4,411 1.206 .251.102 12,196 14,440 2,636 1.,126,60S .34,448 8Q4,152 58,909 $,61B .263,998. 27.076 1,161,453- NET BOOK VALUE A¢ 0111012013 10.S39 176 67,1. ,Al '.301091202,4 50.798 19,382 4.41? 59 29 7,903 141,824. AIOC Ltd.FinStat5 Yrtè Sep 102A..Note*to ihe kt5 Prlnted OVO41>025
ADUR INDOOR BOWLING CLUB LIMITED FOR THE YEAR END.FD 30 SEwf.EMBER 2024 NOTES TO THF.PINANCIAL STATEMENTS 8) DEBTORS: AMOUNTS DUE WITHIN ONE YEAR Due from social Club. Prepayment's. 3010912024 18.504 3010912023 18,429 9) CREDJTOKS: AMOUNTS DUEW.ITHIN ONEYEAR Subscriptions In.Advance. Ac.cr.ued Expense5'.&.deferred..income 3010912024 .30109n023 6,940 66,256 ioi MOVEMENTIN FUNDS 0111012023 'Net Moiiernent in Funds 3010912024, Unrestrlrted'Fund5 Gene.r.al Fund 189,398 149,3181 140,080 Incomlni Re50Utcès Resources Ex'pended Movement In'Fuhds Unrestrirted.Funds General Fund 169,630 218,948 149,318 12
DETAILED PROFIT AND LOSS ACCOUNT FOR TH.& Y.EAR ENDED 30 SEPTMBER 2024 2024 2023 INCOME AND ENDOWMENTS Donations. and Legacies Profit Donated fro.m Soci,al Cl ub D.onations. Green Fe.eS Lockerfees 157,500 137,803 Other Trading Activlties Goods and Uniforms Sold Advertising and sponsorships Co,mpetition and Entry Fees 1,.681 80 Kitch.en Franchise Gr.oss Income from 300 Club Pa,yphone Receipts Income f.r.orn Copier 'Out.of Hours Refreshments Other incomé Investment Income. De.posit Accoun,t 1nte.rest 169,630 149,,996
ADUR INDOOR BOWLING CLUB LIMITED. DETAILED PROFIT AND LOSS ACCOUNT FOR TH'E YEAR ENDED 30 SEPTEMBER 2024 2024 EXPENDITURE Raising Donations and legacies Rates and water Insurance Light and He.at Telephone Postage and Stationery Computer Sundries, Miscellaneous Rent Travelling Expenses Repairs and Renewals Fire & Protection .Cleaning 300 Club P.rizes Donations and Gifts Match and Entry Fees Meals, refreshments Trophi.es and Prizes Licences Gardening.Costs Green Stewards, Vouchers Website Hos.tinÈ. Advertising Klix Machine Hire and Supplies Credit Card Commission 35,991 7.056 175 696 28,115 1,535 12,133 26,176 2,994 8,239 328 12,288 1,405 1,415 661 599 3,508 2,334 96 1,905 2,549 133,889 106,383 14.
ADUR INDQOR B.OW.LINC CLUB LIMITED DETAILED PROFIT AND LOSS FOR THE.YEAR ENDED 3.0 sEvfMBER 2024 2024 2023 Other Trading Artivities Opening stock Go.ods.Purchased fo.r Resale Closing Stock 8.70 870 ,Support Cost5 Governance Costs. Accountan.cy Fe.es Leg.al and Professional.Fees E.q.yip.me.nt Purchased Dep'reciation of Pro.perty Depreciation of Improvements to Property De.préciation of Fi,xtures and Fittings Depreciation of Lighting Depr.eciation of .Co.mputers and Website Loss o.n Sale of Tangible Fixed Assets 960 762 14,07.5 Total Resources Expended