SuTh0NN-TRENT SPORTS AND COMMUNITY CENTRE REGISTERED CHARITY NIJM8ER 1111529 ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEAI8ER 2023 General Infomatson Tru51ees Re sand ments %count Statement of 4sse¢s and Iiatslrties Reserye$ Pdi dent ex•nin¢rs re Inde
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SUTTOPKIN.TRENT SPORTS AND COMMUPaTY CEIITRE Regislered Chanty Number- 1117529 ANNUAL REPORT ANO ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 202J AN The tnJstee$ wesent Ihwr reFKyI Icrf th¢ yw 31 Dewnber 207J tt l• the thanty's Thn8teenlh annu reyt. REVIEW OF PROGRESS AND FUTURE PLANS The Chanty has (x)nbnued lo rf{rn well In 2023. The Chaty ¢urrenlly has Lotui Yoga. Wdd E•th Yc98. &1 & Be Frt and Aerobarumba grwps whith ¢orrtinue lo prnide sleady Incc¥ne for Ihe chanly In add0Tr lo Sullonwon Trerrt FC. Sutton on Trent Tornadoes FC and Muskham Cougars FC as resKlent 102tW teams. The Chanty Intrc¥Juced monlhly Lxngo Thghls thich bfoughl In a vNler aUthCe Florled Ihe laolrty to a whc4e host Gl new users The Chnstmas &ryJo finale 8ucce55 Wth the h1 packed wlh people hopng lo wjn the p¢kw pnze The ltylniglrtty Faty Sport5 evenings refumed And in p)pul¥rty. allwng y(xtng peopte lo cune •nd try differerrt Swi9 have lun. A steady Incom• Ircwn bar a1 IcrA sdes wa• Seen over the S night$ Unfortvnately. Coffledy Nights in p•rtnwship H¢tspcrt Ltd sthv • gnrfiwt drop In ticket sdes. The Trusiees tcd deoo) lo cancel bxh Flnned events 8afes meanl the shcw wasn't Maile. The Chty supported a I1ft ¥wth the PSh Counal jnd ¥ge churthes io CMeMOr31e His Majesty lQng Chartes. CLYonation A wllage p'LlC was held rrtugq games and a were a fing tnbjle. The Trustees and NYAunteers from Ihe communrty helped $tr the bar which rwsed signthc8nt orrt. The u8e cl the faalty for Vate pthes and contsnues lo wom'oe the m•n Income stfeam. To delivET these aclirtes. the ch8rrty has • grtyjp IA wjuntetr bur St•1 that have been Invduatle In our 5ucce3s. so we t#OLld like to pass on our Ihankj lo al ¥dunteers who h•TrR helped us In 2023. Allhough th ha5n'l #Arted ph 2 RedtrAcwient. th• Chgnty hAb seuThJ fund5 to S18rt work The Chanty (s hopnq lor to stwt tn early 2024 wll lake around 4 months to comF4ete. Our Ih¥nks go lo JG Pear5. Marshals Coathes Ltd Jamie Wahon al Wdton Incofpjrafed loi thr donations tOAfards the wqed. Unfortundy. and destxte assurances Ihe Foclball Foundation decsded our proied wasn't surtatle for their fvnthrKJ streams. Th's led lo a ggnificant delay and as th• tharrty Wasted lime wctessng a funthno tsd.
The Charrty wwld like io on fecud N5 thanks lo Rebe(u Jackwn for her excellenl k as a Tru&ee and Treasurer. Her deoyon to Stand d wll bp hard fdt by Ihe chanty. her work in McKJemin9 Ihe chanlie5 finanod accwnling d leading on COVID response has en$Ud Ihe chanty ¢ontinues lo mo¥E fTrward. The Trustees W75h Rebecca Ihe lor her n•AT adveniure. FINANCES Atthodgh the aunt$ have $h(Nm a ncnt Increase this ye•, the va m4onty the Inccffte Is a result ol donations towards the rIned phase 2 works. Charny Inccvne has suffered sgnificanlty from Ihtr financjal lsl9h Inflation which Is 5hcwn In ihe COJI af util> an¢J bw stcxk AddjaUy. the ol th? Cryne(ly M'ghts 4nd lad¢ ol• Haltr•Ren t1¢0 led to a drop In bar sa¢8 Funding for lh• Pha ? Redevelopmnl wc¥k$ Is nthv in Flace and the chY recw¥& tvnthng fnxn the Cfyop Communrty Champcffis Fund whith 'd fc¥ entertainrnent ty7)e The Charty h4ve winued wlh Re¢•Os and Payment accounbng as the d)aity betseve this wri shThv evA irformaicffj on the finanaa performance. INDEPENOEiif EXAMINATION The gross income has exc4eded £25.000. Ihe acc¥ been Indewdentty venfied. The exwninon fty Ihwe and the i rep Is on page 7. On behal crftho Tfu*e•• A Snwth ICh•fl S Mwch 2024
SUThONQN.TRENT SPORTS AND COMMUMTY CEMTrE Reg15twed Chanty N4Jmber- l 7 11529 ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDEO 31 DECEPABER 31123 PAYM NT lJ920 PWA WA P2 Tr•• S$ 424 NIA HE4hn 770 1045 129 1402 213 Gqn W¢bMè WJ WA 492 WA TLI rn¥w¥J• PpThrrts 14167 Flyt• C•sh lJrd 1 Jww•ry 379
5urroNQN-TrENT SPORTS AND COMMUNITY CENTrE Rty151wad Chanty Numbef- 1111529 ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENOED 31 DECEMBER 2023 ETS AND UABI ES TATEMENT OF AS 1. C•sh Fund¥ Saniid•r ewrern £ 65134 TOTAL £ 11SS33 l Othw Mon•¢ Irw&c tXAstng l F•• oLrtS1dffig Cmh In H•nd £ 130 £ 372 & A•w• r•tth•d f¢x ch¥W• u C1 I) £ 75642 Lth)Id bJifvJry rnkYty•mwrf•120191 Fixllxes oquipmwtt120201 Frltwtt an¢1 tou2021 •qL#I2O22j £ &$732 15% doFYvJalicrfl È 163 ldeprtIon1 £ 4866 Iw% deFIlatnI £12167 E 4878 I% Stock £ 2XfJ 1£12TrJ 8¥ £11XQ Odl Th• thanty hu a 8$? wrfh Twt Crwol faT Ih) S5 Ck Sil• l>a8stlvpe Ro•J fc¢ 1 yews from P Auwsi 2013 •1 a Fwrccffl r•rd uabl11 Nu ccwts aFvov•d ty th• T10•$ Mwth W24 A Smth (Charl D Ell5 (Vu Chqr
SUThON4>N-TRENT SPORTS AND COMAIUMTY CEKfRE Re¥iElerEd Ch•irty Nurthr- 1111529 ANNUAL REPORT AND ACCOVNTS FOR THE YEAR ENDED 31 DECEMBER 2023 RE ERVES P LICY 1. Ch•rlty Funds. The hJ uNestncled inctyne lundg Ihal awe freely mlat4e lo spend on any ol the chY'l wrp)ses As pwt of 11Ke lunds. the charny hc4ds reserv lor nsk mitigation and Ihe ddivery ¢J lulure w(4$ 2 R15k MIIIB4tion. The chanty has assessed Ihat a re8eP¥t shtyjd be hdd In c4se cl Unloreyeen emergency, such as a large fepar trfll. Ajihwgh the Intem 8SPXt the buildir4J has been relurtlshed, th& a9? then is lul Ilgnrficant nsk ol malenal l&lure. b. Loss ol Incorne. As seen vhth COVlth19 pdeMIC, the thvrty Is wKeot4e to a10s3 cl Inccffle. Il there w8$ 8 tot81 Ioss Lrflhe lId1rj or 8 dosure. In t short lemi the chanly may use resewves lo m•nt•n Ihe te and ch8nty wtr¥15t fomulating klans to scae back expenthlure and seek exlem815UPF#Yt 3. Futur• The ¢h8nly has a Ihfe&Fknase redevelopment FA to secure Ihe fu¢ui• ol the Sports Club lIding Improve 18¢Jhtses. Funds deta telow. are held In reser lo deliver phase 2 of the Redelrtlopment Plan 4. Incornt St•blllty. The ¢haniy has steady Income Stren5 frcrfn user groups. foolb teams. sile hire and bar laknngs. The hife lees uwdly cover cost Nnning the 31te and the bar lan9$ generale lurther funds. 5. Strateglc Pl•n. The Introdudic ol the Stralegic Plan In 2022 ha• albwed the dbanty m lThvard$ ImproVents. forecast finanaa perfom7ance and de wrth an51ng IMiies IhToughout Ihe year. It wll conbnue to map out htyl Ihe ¢hanty wll lund improvements In the shcyt, mediurn and long tern. Th• 8nnU sh( hcA¥ the ¢hanty an$ lo fund In year aLlIMty, wl4ch be dosely monrttyed by Ihe tnjstees. For the delivery cl oiecs, Ihe chanty Wms lo build a reserv¢ over seveid yews. because nUal Inccffle 11 cover costs d eh ph•se ¢rflhe redeVelOent an. Tse re5eThva be held a5 degnated funds 89ainst speofi•d 6. R•s•rv•s. The chanly hc4ds Ihe Idlwng reseryes lo meet nsk nkngaticfj aThJ woieds rtlined ab)v•'. R•ww Typ• Ri$k Mrtigaii t7 Dw•t•d F39- Phase 2 Redevekpnl Pl loclIc$ spxfr• Ic¢ P2 Prgectl EILKK¥J £15C(KJ Chw#y ILnds kx8ied lo Ihe wqecl DCed by Nthvath & Strwwcoj 0151ntt CLMJncil Dcn*ed by Ncrtiiwslwe Cwnly Ccrtwl Dryed by BMA Chwrtable Tru$t Dcnated by JG Pe OLYwted ty Marshalls Coarhs Lld Ocfwted by Wamon £15CrfX) £2
- The reserve hdd for nsk mrtig81ion ianges betsen £7000 and £10000. The Charrty m to stay above the higher end cl the tange t1 If the Iruslee$ deem rt nettssary, th se lunds which means entenng the reserve range. In the eveniudAy that reserve funds fall bdow £10000 9fe*ef expenthlurn c£¥rtTd5 wll be w In ace ty the Inje8¥ unbl the nsk mrtigauon reserves fecover.
surroN-ON-TRE14T SPORTS AND COMMUIfft CENTRE Re9lSlered Charty NumLw- 1111529 ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 EPENDENT EXAMINER'S REPORTT I repm to the Twsiees rn my eXanall0 d the acfthntg d the SuttcVTrQnI Spcrts and ComuThty Centre for tho year ended 31. December 2023, wlwth are oth cn pa 5. IN ThE USTEE These acunIS have been wepared on a RetarAs and Paymenls b•. RESPONSIBILMES AND BASIS OF TRUSTEES AND EXAMINER The thanty's trusiees •re resp)ng¢ble fof Ihe Fffepjrobon cl the ac£fJurts. The Charrt8 Inbstees cOnder ihat ihe audrt i¥ nol reqUId for th13 year undw sethcm 144121 of the Chanbes Ad 2011 I reF>1 In resred cl my examnon d the chity's accounts ed out under sethon 145 the 2011 Act and In ¢ng ou1 my exanwnatson I have followed 1 Ihe •pphcatrAe thredions gvgn by the ch•rrty Ctrfb)non under section 145lSllbl crf the A INDEPENDENT EXAMINERS STA TEMENT I hav• CLvnFleted my exarThnat. l o)nfimi that no malend matters have comts lo my atterrtion In connethon with Ihe examaOn me c•Jse lo b¢¥ that in any M1•1 (11 Actojnting record$ were not kerA in rew d the tharity •$ reqLured by sedion 130ofthead or 121 The accounts do nL aco)rd those rec¢$. I h•b no Mncems and have c£¥n• ro dher matlers In connedion wlh the examinalion, to which anentson sho be dIrn In Ihs re1 In syderlo enat4e ? prop underslanding d the a(K<wJnts. M F Hames$ 2 Forye aoya Sullonwoll•Tre NOrk Nottinghamsh"re NG23 6PZ Jan 2024