```
REGISTERED CHARITY NUMBER: 1117605
```
```
Report of the Trustees and
```
```
Financial Statements
```
```
for the Year Ended 31st December 2020
```
```
for
```
```
THE RADLETT LAWN TENNIS AND SQUASH CLUB
```
```
Daniel Wolfson & Co Ltd
Chartered Accountants
34a Watling Street
Radlett
Hertfordshire
WD7 7NN
```
```
THE RADLETT LAWN TENNIS AND SQUASH CLUB
```
## **`Contents of the Financial Statements FOR THE YEAR ENDED 31ST DECEMBER 2020`**
|||**`Page`**||
|---|---|---|---|
|**`Report of the Trustees`**|`1`|`to`|`4`|
|**`Independent Examiner's Report`**||`5`||
|**`Statement of Financial Activities`**||`6`||
|**`Balance Sheet`**||`7`||
|**`Notes to the Financial Statements`**|`8`|`to`|`14`|
|**`Detailed Statement of Financial Activities`**|`15`|`to`|`16`|
```
THE RADLETT LAWN TENNIS AND SQUASH CLUB
```
## **`Report of the Trustees`**
## **`FOR THE YEAR ENDED 31ST DECEMBER 2020`**
```
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31stDecember 2020.
ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableinthe UK
and Republic of Ireland (FRS 102) (effective 1 January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
```
TheobjectsoftheClubaretopromotetheamateursportsoftennisandsquashinRadlettandthesurroundingarea and
community participation therein by the provision of facilities for both sports.
```
```
Page 1
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THE RADLETT LAWN TENNIS AND SQUASH CLUB
```
## **`Report of the Trustees FOR THE YEAR ENDED 31ST DECEMBER 2020`**
## **`ACHIEVEMENT AND PERFORMANCE`**
```
Intheyearto31December2020,RLTSCcontinuedtomaintainitsplayingfacilitiesandtoprovideopportunitiesfor local
peopletoplaytennisandsquash.WiththeadventoftheCovidpandemicithasbeenaninterestingyearforall sports
clubsandforRLTSCitshasbeennoexception.TheCommitteearepleasedtoreportthattheclubhasweathered the
pandemic extremely well from both a financial and playing number perspective.
```
```
Adultplayingmembersagedover30whoprovidethebulkofthemembershipfeesnumbersincreasedbyaround10% to
333attheendofDecember2020reflectingthefactthatoutdoortenniswasasportthatcouldgenerallybe played
during the pandemic enabling more local residents to be aware of the quality of the facilities offered by the club.
```
```
Theclubalsoinitiatedacommunitymembershipschemeintheyeartoopenupitsfacilitiestopeoplewhowanted to
playonapayandplaybasisduringthepandemicandafterwards.Thishasbeenverywellreceivedandatotalof 183
community members had joined at the end of the year.
```
```
Intheyearto31December2020,RLTSCcontinuedtomaintainitsplayingfacilitiesandtoprovideopportunitiesfor local
peopletoplaytennisandsquash.TheCovidpandemichasmadeitaninterestingyearformostsportsclubs, RLTSC
beingnoexception.TheCommitteearepleasedtoreportthattheclubhasweatheredthepandemicextremelywell from
both a financial and playing number perspective.
```
```
Adulttennisplayingmembersagedover30makeupthebulkoftheclub'smembershipandtheirnumberincreased by
around10%to333bytheendofDecember2020,reflectingthefactthatoutdoortenniswasonesportthatcould be
playedduringlockdown,despitethepandemic,enablingmorelocalresidentstobecomeawareofthequalityof the
facilities offered by the club.
```
```
Duringtheyeartheclubalsoinitiatedacommunitymembershipschemetoopenitsfacilitiestopeoplewhowanted to
playonapayandplaybasisduringthepandemicandafterwards.Thishasbeenverywellreceivedandatotalof 183
community members had joined by the end of the year.
```
```
Financially,theclubweatheredtheimpactofCovidwellutilisingfinancialsupportfromthegovernment,bytaking various
costcuttingmeasuresandthroughthegenerosityofseveralmemberswhocontinuedpayingsubscriptionsas donations
when the club was closed.
```
```
TheyeartoDecember2021islikelytobemorechallengingfinancially,astheclubwillremainclosedtoalluntilat least
the29thMarchandgovernmentsupportwillbegreatlyreducedasweeaseoutoflockdown.However,the Trustees
believetheclubhassufficientfinancialresourcestosurviveanyfurtherlockdownsandtheclubiswellpositionedto grow
its membership base once the club re-opens.
```
```
Onanongoingbasis,thecluboffersjuniorsandadultsterm-timeandholidaycourses,socialtennisandsquash sessions
andendeavourstoensurethatalllocalchildrenandadultscanparticipateinsomeway,regardlessofability and/or
means.Theclubcontinuesits'pay&play'schemethroughtherevised'communitymembershipscheme',which, whilst
requiringpriorregistrationwiththeclubofficetomeetclubsafety/securitystandards,providesthreeofitstennis courts
tocommunitymembersonapayandplaybasisplusoff-peaksquashcourtsatlowaffordablerates(tocoverheating and
lighting).Theclubalsosupportslocalschoolinitiativesandisrepresentedatschoolfairsandothercommunityevents. A
juniorsocialisheldbetweenMarchandSeptemberonFridayeveningstowhichalljuniorsareinvitedand includes
activitiesonourrecentlycompletedMulti-Sportsfacility.AdultTennisprogrammesincludeclubsocialson Wednesday
evenings,SaturdayafternoonsandSundaymornings,aplayandcoffeemorningonThursdaysandRustyRacquets on
Monday evenings, all of which are well supported.
```
```
JordanMiles,ourheadtenniscoach,leftattheendofJanuary2021tobecomeheadcoachatRickmansworth.We would
liketothankJordanforallhishardworkasheadcoachforthepast8years.Wearesurehewillremainin regular
contactashehasbeenassociatedwiththeclubsincehisjuniorplayingdaysandwewishhimeverysuccessin the
future.
```
```
Jordanwasparticularlyactiveinbuildingasolidstructureforthejuniortennisplayersandheexpandedthenumber of
groupcoachingsessionsavailabletojuniormembers.Theresultsofthiswereapparentintheimprovedperformances of
manyofourtopperformingjuniorplayers.Twooftheclub'sseniorexistingcoaches,LauraCollinsandChrisMartin, have
eachtakenontheroleofjointheadcoachonatrialtopermanentbasis.Theyhavealreadypresentedadetailedplan to
maintain and improve the existing courses for junior and senior members.
```
```
SocialsquashonMondayandFridayeveningscontinuestobepopularandtheclubhashistoricallyrunbothwinter and
summersquashteamsintheHertsLeagueandaVintageteamintheMiddlesexleague.Thecoachesandthe committee
have been developing initiatives to bring tennis and squash at the club closer together and will continue to do so.
```
```
Page 2
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THE RADLETT LAWN TENNIS AND SQUASH CLUB
```
## **`Report of the Trustees`**
## **`FOR THE YEAR ENDED 31ST DECEMBER 2020`**
```
Thetrusteescontinuetorespectatalltimestheneedtoincorporatethepublicbenefitintheirrunningoftheclub. The
clubstrivestoofferthebestpossibleplayingfacilitiestothebroadestnumberofpeople,throughsuchmeasures as
mentionedabove,byofferingmeans-testedmembershipsandbybuildingupabursaryfundtohelpthosewhomay not
beabletopayamembershipsubscription.In2021itisintendedtoformanewworkinggrouptofurtherthe bursary
programme, financed by this fund.
```
```
RLTSCconstantlystrivestoattractnewmembers,asthisisrecognisedtobethebestwayofkeepingsubscription levels
affordableforthemaximumnumberofpeopleandthetrusteesbelievethataconstanthealthymembershipincome will
enabletheclubtoofferitsfacilitiestothegreatestnumberofpeople,suchasthosenowtakingpartindisabled tennis,
and those who take advantage of the new community membership scheme.
```
```
Themajorprojectcompletedthisyearwasimprovementstothecarparkandentranceway,largelyfundedby a
generous donation from Mr John Apthorp's charity, for which the club are most grateful.
```
```
Thecommitteeisalwayslookingatopportunitiestoimprovefacilitiesattheclub'scurrentlocationforbothexisting and
newmembersandtoensurethelong-termhealthoftheclubforthebenefitofthecommunity.Thereisanongoing need
togetmoreofthemembersengagedintherunningoftheclubtoensurethatitcanoperatewithinitsmeansand not
havetorelyonthesamehandfulofvolunteers.Likemypredecessor,MrSimonSpalter,Iwouldencourageany members
who feel they are able to step forward.
```
## **`FINANCIAL REVIEW`**
```
Thetrusteesaresatisfiedwiththeclubsfinancialperformancethisyear,judgetheclubtobeinastablefinancial position
andareconfidentthatexistingreservesareadequatetomeetoperationalneeds.Continuedcarefulcostmanagement is
paramountandtheclubcontinuestoregularlyassessitsongoingoperationalandknowncapital expenditure
requirements.
```
```
Theaccountsshowanetprofitof£100,327beforedepreciationandapost-depreciationprofitof£65,778.These profits
areusedtobuildupasinkingfundtorenovatethecourtsandotherfacilitieswhenrequiredandfor modest
improvementstotheclub'sinfrastructure.Theclubhadahealthycashbalanceof£253,363at31December2020and a
fixed asset base of £425,354 net of depreciation.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document`**
```
TheClubisanunincorporatedassociation,constitutedunderadeeddated19March2006.TheClubobtained its
charitablestatusfromtheCharityCommissionforEnglandandWaleson17January2007.Priortothatdate,the Club
was an unincorporated association registered as a Community Amateur Sports Club.
```
```
TheconstitutionprovidesthataGeneralCommitteewillmanagetheclubandthatthemembersofthiscommitteewill be
trusteesofthecharity.TheGeneralCommitteeshallcomprisenotmorethan13committeememberswhowillbe elected
individually by the Members of the Club at the Annual General Meeting.
```
```
Trusteesarerequiredtoretireannuallyandareentitledtoofferthemselvesforre-electionattheAnnual General
Meeting.AnyMemberoftheClubisentitledtostandforelectiontotheGeneralCommitteeattheAnnual General
Meeting provided he has two sponsoring Members of the Club.
```
```
The General Committee will normally meet at least four times a year to review the management of the Club.
```
```
Thetrusteeshaveadutytoidentifyandreviewtheriskstowhichthecharityisexposedandtoensure appropriate
controls are in place to provide reasonable assurance against fraud and error.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Charity number`**
```
1117605
```
## **`Principal address`**
```
425 Watling Street
Radlett
Hertfordshire
WD7 7JG
```
```
Page 3
```
```
THE RADLETT LAWN TENNIS AND SQUASH CLUB
```
## **`Report of the Trustees FOR THE YEAR ENDED 31ST DECEMBER 2020`**
## **`Trustees`**
```
Mr S Spalter Honorary Chairman (resigned 17.6.20)
Mr K Costi Honorary Chairman (appointed 17.6.20)
Mr S G J Hancock Honorary Treasurer
Mr M Jaffa Honorary Tennis Chairman (resigned 17.6.20)
Mr N Jacobs (resigned 17.6.20)
Mr D Wickham Honorary Secretary
Ms A Argyle Honorary Tennis Chairman (appointed 17.6.20)
Mr G Green Honorary Squash Chairman (appointed 17.6.20)
Ms S Lynch
Ms F Pick (appointed 5.7.20)
Ms D Irwin (appointed 17.6.20)
```
## **`Independent Examiner`**
```
Daniel Wolfson FCA
ICAEW
Daniel Wolfson & Co Ltd
Chartered Accountants
34a Watling Street
Radlett
Hertfordshire
WD7 7NN
```
## **`Bankers`**
```
Barclays Bank
Baker Street
PO Box 45D
93 Baker Street
London
W1A 4SD
```
## **`President`**
```
Ms J Underwood
```
## **`Club Administrator`**
```
Ms J Taylor
```
```
Approved by order of the board of trustees on 30th April 2021 and signed on its behalf by:
```
```
Mr K Costi - Trustee
```
```
Page 4
```
## **`Independent Examiner's Report to the Trustees of The Radlett Lawn Tennis and Squash Club`**
## **`Independent examiner's report to the trustees of The Radlett Lawn Tennis and Squash Club`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsofTheRadlettLawnTennisandSquashClub (the
Trust) for the year ended 31st December 2020.
```
## **`Responsibilities and basis of report`**
```
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the
requirements of the Charities Act 2011 ('the Act').
```
```
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutundersection145oftheActandincarrying out
myexaminationIhavefollowedallapplicableDirectionsgivenbytheCharityCommissionundersection145(5)(b)of the
Act.
```
## **`Independent examiner's statement`**
```
Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbeamemberofalistedbody.Ican confirm
thatIamqualifiedtoundertaketheexaminationbecauseIamaregisteredmemberofICAEWwhichisoneofthe listed
bodies.
```
```
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentioninconnectionwith the
examination giving me cause to believe that in any material respect:
```
`1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhichattention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
```
```
Daniel Wolfson FCA
ICAEW
Daniel Wolfson & Co Ltd
Chartered Accountants
34a Watling Street
Radlett
Hertfordshire
WD7 7NN
```
```
30th April 2021
```
```
Page 5
```
```
THE RADLETT LAWN TENNIS AND SQUASH CLUB
```
## **`Statement of Financial Activities FOR THE YEAR ENDED 31ST DECEMBER 2020`**
|`Unrestricted`
`funds`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2`
**`63,009`**
**`Charitable activities`**
`5`
`Coaching`
**`114,301`**
`Entrance, visitor and court fees`
**`29,839`**
`Tournaments and leagues`
**`461`**
`Subscriptions`
**`87,301`**
`Other trading activities`
`3`
**`10,177`**
`Investment income`
`4`
**`9,698`**
**`Total`**
**`314,786`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`6`
`Coaching`
**`94,610`**
`Tournaments and leagues`
**`760`**
`Charity administration & overheads`
**`138,847`**
`Affiliation and registration`
**`2,360`**
`Advertising & promotion`
**`468`**
`Governance costs`
**`2,468`**
`Other resources expended`
**`9,495`**
**`Total`**
**`249,008`**
**`NET INCOME`**
**`65,778`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`540,045`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`605,823`**|`Restricted`
`fund`
`£`
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**|**`2020`**
**`Total`**
**`funds`**
**`£`**
**`63,009`**
**`114,301`**
**`29,839`**
**`461`**
**`87,301`**
**`10,177`**
**`9,698`**
**`314,786`**
**`94,610`**
**`760`**
**`138,847`**
**`2,360`**
**`468`**
**`2,468`**
**`9,495`**
**`249,008`**
**`65,778`**
**`540,045`**
**`605,823`**|`2019`
`Total`
`funds`
`£`
`25,523`
`93,567`
`15,921`
`9,410`
`136,027`
`19,789`
`10,862`|
|---|---|---|---|
||||`311,099`
`84,271`
`6,683`
`167,620`
`2,830`
`844`
`2,606`
`19,252`|
||||`284,106`|
||||`26,993`
`513,052`|
||||`540,045`|
```
The notes form part of these financial statements
```
```
Page 6
```
```
THE RADLETT LAWN TENNIS AND SQUASH CLUB
```
## **`Balance Sheet`**
## **`31ST DECEMBER 2020`**
|`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`11`
**`CURRENT ASSETS`**
`Stocks`
`12`
`Debtors`
`13`
`Cash at bank and in hand`
**`CREDITORS`**
`Amounts falling due within one year`
`14`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`PROVISIONS FOR LIABILITIES`**
`15`
**`NET ASSETS`**
**`FUNDS`**
`16`
`Unrestricted funds`
**`TOTAL FUNDS`**|`Unrestricted`
`funds`
`£`
**`425,354`**
**`3,236`**
**`9,693`**
**`253,363`**
**`266,292`**
**`(64,991)`**
**`201,301`**
**`626,655`**
**`(20,832)`**
**`605,823`**|`Restricted`
`fund`
`£`
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**|**`2020`**
**`Total`**
**`funds`**
**`£`**
**`425,354`**
**`3,236`**
**`9,693`**
**`253,363`**
**`266,292`**
**`(64,991)`**
**`201,301`**
**`626,655`**
**`(20,832)`**
**`605,823`**
**`605,823`**
**`605,823`**|`2019`
`Total`
`funds`
`£`
`388,113`
`6,519`
`10,341`
`169,959`
`186,819`
`(34,887)`
`151,932`
`540,045`
`-`
`540,045`
`540,045`
`540,045`|
|---|---|---|---|---|
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon30thApril2021and were
signed on its behalf by:
```
```
Mr S G J Hancock - Trustee
```
```
Mr K Costi - Trustee
```
```
The notes form part of these financial statements
```
```
Page 7
```
```
THE RADLETT LAWN TENNIS AND SQUASH CLUB
```
## **`Notes to the Financial Statements FOR THE YEAR ENDED 31ST DECEMBER 2020`**
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenprepared in
accordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
StandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting
Standard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Charities
Act 2011. The financial statements have been prepared under the historical cost convention.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,it is
probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlement and
theamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisand has
beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly
attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.
```
## **`Tangible fixed assets`**
```
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetoveritsestimated useful
life.
```
|`Clubhouse & grounds`|`- 2% on cost`|
|---|---|
|`Tennis and squash court surfaces`|`- 10% on cost`|
|`Furniture and equipment`|`- 20% on cost`|
|`Clubhouse improvements`|`- 10% on cost`|
## **`Stocks`**
```
Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdueallowanceforobsoleteand slow
moving items.
```
## **`Taxation`**
```
The charity is exempt from tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
```
```
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
```
## **`2. DONATIONS AND LEGACIES`**
|**`DONATIONS AND LEGACIES`**|||
|---|---|---|
||**`2020`**|`2019`|
||**`£`**|`£`|
|`Gifts, donations and grants`|**`63,009`**|`25,523`|
```
continued...
```
```
Page 8
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```
THE RADLETT LAWN TENNIS AND SQUASH CLUB
```
## **`Notes to the Financial Statements - continued FOR THE YEAR ENDED 31ST DECEMBER 2020`**
|**`3.`**
**`OTHER TRADING ACTIVITIES`**
`Bar takings`
`Social functions`
`Merchandising`
**`4.`**
**`INVESTMENT INCOME`**
`Bank interest`
`Rent receivable`
**`5.`**
**`INCOME FROM CHARITABLE ACTIVITIES`**
`Activity`
`Coaching`
`Coaching`
`Entrance, visitor and court`
`fees`
`Entrance, visitor and court fees`
`Tournaments and leagues`
`Tournaments and leagues`
`Member subscriptions`
`Subscriptions`
**`6.`**
**`CHARITABLE ACTIVITIES COSTS`**
`Coaching`
`Tournaments and leagues`
`Charity administration & overheads`
`Affiliation and registration`
`Advertising & promotion`
`Governance costs`
`Other resources expended`|`Direct`
`Costs`
`£`
**`94,610`**
**`760`**
**`-`**
**`2,360`**
**`-`**
**`-`**
**`9,495`**
**`107,225`**|**`2020`**
**`£`**
**`10,177`**
**`-`**
**`-`**
**`10,177`**
**`2020`**
**`£`**
**`214`**
**`9,484`**
**`9,698`**
**`2020`**
**`£`**
**`114,301`**
**`29,839`**
**`461`**
**`87,301`**
**`231,902`**
`Support`
`costs (see`
`note 7)`
`£`
**`-`**
**`-`**
**`138,847`**
**`-`**
**`468`**
**`2,468`**
**`-`**
**`141,783`**|`2019`
`£`
`18,607`
`1,041`
`141`
`19,789`
`2019`
`£`
`464`
`10,398`
`10,862`
`2019`
`£`
`93,567`
`15,921`
`9,410`
`136,027`
`254,925`
`Totals`
`£`
**`94,610`**
**`760`**
**`138,847`**
**`2,360`**
**`468`**
**`2,468`**
**`9,495`**|`2019`
`£`
`18,607`
`1,041`
`141`
`19,789`
`2019`
`£`
`464`
`10,398`
`10,862`
`2019`
`£`
`93,567`
`15,921`
`9,410`
`136,027`|`2019`
`£`
`18,607`
`1,041`
`141`|
|---|---|---|---|---|---|
||||||`19,789`|
||||||`2019`
`£`
`464`
`10,398`|
||||||`10,862`|
|||||`254,925`||
||||**`249,008`**|||
```
continued...
```
```
Page 9
```
```
THE RADLETT LAWN TENNIS AND SQUASH CLUB
```
## **`Notes to the Financial Statements - continued FOR THE YEAR ENDED 31ST DECEMBER 2020`**
## **`7. SUPPORT COSTS`**
|**`SUPPORT COSTS`**||||||
|---|---|---|---|---|---|
|||||`Governance`||
||`Management`||`Other`|`costs`|`Totals`|
||`£`||`£`|`£`|`£`|
|`Charity administration & overheads`||**`-`**|**`138,847`**|**`-`**|**`138,847`**|
|`Advertising & promotion`|**`468`**||**`-`**|**`-`**|**`468`**|
|`Governance costs`||**`-`**|**`-`**|**`2,468`**|**`2,468`**|
||**`468`**||**`138,847`**|**`2,468`**|**`141,783`**|
|`Support costs, included in the above, are as follows:`||||||
|**`Management`**||||||
|||||**`2020`**|`2019`|
|||||`Advertising`|`Total`|
|||||`& promotion`|`activities`|
|||||**`£`**|`£`|
|`Advertising`||||**`468`**|**`844`**|
|**`Other`**||||||
|||||**`2020`**|`2019`|
|||||`Charity`||
|||||`administration`|`Total`|
|||||`& overheads`|`activities`|
|||||**`£`**|`£`|
|`Wages & salaries`||||**`24,209`**|**`26,118`**|
|`Rates, insurance & utilities`||||**`15,650`**|**`20,868`**|
|`Upkeep & maintenance`||||**`53,561`**|**`55,295`**|
|`Depreciation of tangible fixed assets`||||**`34,549`**|**`51,075`**|
|`Office and club administration`||||**`10,878`**|**`14,264`**|
|||||**`138,847`**|**`167,620`**|
|**`Governance costs`**||||||
|||||**`2020`**|`2019`|
|||||`Governance`|`Total`|
|||||`costs`|`activities`|
|||||**`£`**|`£`|
|`Examiner's fees`||||**`2,100`**|**`2,100`**|
|`Professional fees`||||**`368`**|**`506`**|
|||||**`2,468`**|**`2,606`**|
## **`8. TRUSTEES' REMUNERATION AND BENEFITS`**
```
No trustees received remuneration or benefits during the year.
```
## **`Trustees' expenses`**
```
Trustees'expenseshavebeenreimbursedwheresmallinnature,supportedbyvouchersandwholly and
exclusively for the benefit of the charity.
```
```
continued...
```
```
Page 10
```
```
THE RADLETT LAWN TENNIS AND SQUASH CLUB
```
## **`Notes to the Financial Statements - continued FOR THE YEAR ENDED 31ST DECEMBER 2020`**
## **`9. STAFF COSTS`**
||**`2020`**|`2019`|
|---|---|---|
||||
|`Bar Staff`|**`2,171`**|`5,308`|
|`Office Admin`|**`30,538`**|`26,118`|
||||
||**`32,709`**|`31,426`|
||||
|`The average monthly number of employees during the year was as follows:`
`Bar staff`
`Management and administration`|**`2020`**
**`1`**
**`3`**
**`4`**|`2019`
`1`
`2`|
|---|---|---|
|||`3`|
```
No employees received emoluments in excess of £60,000.
```
## **`10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|`Unrestricted`
`funds`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`25,523`
**`Charitable activities`**
`Coaching`
`93,567`
`Entrance, visitor and court fees`
`15,921`
`Tournaments and leagues`
`9,410`
`Subscriptions`
`136,027`
`Other trading activities`
`19,789`
`Investment income`
`10,862`
**`Total`**
`311,099`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Coaching`
`84,271`
`Tournaments and leagues`
`6,683`
`Charity administration & overheads`
`167,620`
`Affiliation and registration`
`2,830`
`Advertising & promotion`
`844`
`Governance costs`
`2,606`
`Other resources expended`
`19,252`
**`Total`**
`284,106`
**`NET INCOME`**
`26,993`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`513,052`|`Restricted`
`fund`
`£`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`|`Total`
`funds`
`£`
`25,523`
`93,567`
`15,921`
`9,410`
`136,027`
`19,789`
`10,862`|
|---|---|---|
|||`311,099`
`84,271`
`6,683`
`167,620`
`2,830`
`844`
`2,606`
`19,252`|
|||`284,106`|
|||`26,993`
`513,052`|
```
continued...
```
```
Page 11
```
```
THE RADLETT LAWN TENNIS AND SQUASH CLUB
```
## **`Notes to the Financial Statements - continued FOR THE YEAR ENDED 31ST DECEMBER 2020`**
|**`10.`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|||
|---|---|---|---|---|---|---|---|
|||||`Unrestricted`||`Restricted`|`Total`|
|||||`funds`||`fund`|`funds`|
|||||`£`||`£`|`£`|
||**`TOTAL FUNDS CARRIED FORWARD`**|||`540,045`||`-`|`540,045`|
|**`11.`**|**`TANGIBLE FIXED ASSETS`**|||||||
||||`Tennis`|||||
||||`and`|||||
||||`squash`|`Furniture`||||
|||`Clubhouse`|`court`|`and`|`Clubhouse`|||
|||`& grounds`|`surfaces`|`equipment`|`improvements`||`Totals`|
|||`£`|`£`|`£`||`£`|`£`|
||**`COST`**|||||||
||`At 1st January 2020`|**`259,035`**|**`343,575`**|**`27,566`**|**`292,853`**||**`923,029`**|
||`Additions`|**`68,940`**|**`2,850`**|**`-`**||**`-`**|**`71,790`**|
||`At 31st December 2020`|**`327,975`**|**`346,425`**|**`27,566`**|**`292,853`**||**`994,819`**|
||**`DEPRECIATION`**|||||||
||`At 1st January 2020`|**`121,255`**|**`122,190`**|**`25,885`**|**`265,586`**||**`534,916`**|
||`Charge for year`|**`2,693`**|**`22,859`**|**`488`**||**`8,509`**|**`34,549`**|
||`At 31st December 2020`|**`123,948`**|**`145,049`**|**`26,373`**|**`274,095`**||**`569,465`**|
||**`NET BOOK VALUE`**|||||||
||`At 31st December 2020`|**`204,027`**|**`201,376`**|**`1,193`**|**`18,758`**||**`425,354`**|
||`At 31st December 2019`|`137,780`|`221,385`|`1,681`||`27,267`|`388,113`|
|**`12.`**|**`STOCKS`**|||||||
||||||**`2020`**||`2019`|
|||||||**`£`**|`£`|
||`Stocks`|||||**`3,236`**|`6,519`|
|**`13.`**|**`DEBTORS: AMOUNTS FALLING`**|**`DUE WITHIN ONE YEAR`**||||||
||||||**`2020`**||`2019`|
|||||||**`£`**|`£`|
||`Other debtors`|||||**`240`**|`1,768`|
||`Prepayments and accrued income`|||||**`9,453`**|`8,573`|
|||||||**`9,693`**|`10,341`|
```
continued...
```
```
Page 12
```
```
THE RADLETT LAWN TENNIS AND SQUASH CLUB
```
## **`Notes to the Financial Statements - continued FOR THE YEAR ENDED 31ST DECEMBER 2020`**
## **`14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
|**`14.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**|||
|---|---|---|
|`Other creditors`
`Accruals`
`Deferred income`
**`15.`**
**`PROVISIONS FOR LIABILITIES`**
`Provisions`
**`16.`**
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General reserve`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are as follows:`
**`Unrestricted funds`**
`General reserve`
**`TOTAL FUNDS`**
**`Comparatives for movement in funds`**
**`Unrestricted funds`**
`General reserve`
**`TOTAL FUNDS`**|`At 1.1.20`
`£`
**`540,045`**
**`540,045`**
`Incoming`
`resources`
`£`
**`314,786`**
**`314,786`**
`At 1.1.19`
`£`
`513,052`
`513,052`||
||||
||||
```
continued...
```
```
Page 13
```
```
THE RADLETT LAWN TENNIS AND SQUASH CLUB
```
## **`Notes to the Financial Statements - continued FOR THE YEAR ENDED 31ST DECEMBER 2020`**
## **`16. MOVEMENT IN FUNDS - continued`**
```
Comparative net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General reserve`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`311,099`
`311,099`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(284,106)`
`26,993`
`(284,106)`
`26,993`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(284,106)`
`26,993`
`(284,106)`
`26,993`|
|---|---|---|---|
||||`26,993`|
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|**`Unrestricted funds`**
`General reserve`
**`TOTAL FUNDS`**|`At 1.1.19`
`£`
`513,052`
`513,052`|`Net`
`movement`
`in funds`
`£`
`92,771`
`92,771`|`At`
`31.12.20`
`£`
`605,823`|
|---|---|---|---|
||||`605,823`|
```
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheabove are
as follows:
```
|**`Unrestricted funds`**
`General reserve`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`625,885`
`625,885`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(533,114)`
`92,771`
`(533,114)`
`92,771`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(533,114)`
`92,771`
`(533,114)`
`92,771`|
|---|---|---|---|
||||`92,771`|
## **`17. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 31st December 2020.
```
```
Page 14
```
```
THE RADLETT LAWN TENNIS AND SQUASH CLUB
```
|**`Detailed Statement of Financial Activities`**
**`FOR THE YEAR ENDED 31ST DECEMBER 2020`**
`2020`
`£`
**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Gifts, donations and grants`
**`63,009`**
**`Other trading activities`**
`Bar takings`
**`10,177`**
`Social functions`
**`-`**
`Merchandising`
**`-`**
**`10,177`**
**`Investment income`**
`Bank interest`
**`214`**
`Rent receivable`
**`9,484`**
**`9,698`**
**`Charitable activities`**
`Coaching`
**`114,301`**
`Entrance, visitor and court fees`
**`29,839`**
`Tournaments and leagues`
**`461`**
`Member subscriptions`
**`87,301`**
**`231,902`**
**`Total incoming resources`**
**`314,786`**
**`EXPENDITURE`**
**`Charitable activities`**
`Coaching`
**`94,610`**
`Tournament & leagues`
**`760`**
`Affiliations & registration`
**`2,360`**
`Other resources expended`
**`9,495`**
**`107,225`**
**`Support costs`**
**`Management`**
`Advertising`
**`468`**
**`Other`**
`Wages & salaries`
**`24,209`**
`Rates, insurance & utilities`
**`15,650`**
`Upkeep & maintenance`
**`53,561`**
`Depreciation of tangible fixed assets`
**`34,549`**
`Office and club administration`
**`10,878`**
**`138,847`**
**`Governance costs`**
`Examiner's fees`
**`2,100`**
`Carried forward`
**`2,100`**|`2019`
`£`
`25,523`
`18,607`
`1,041`
`141`|
|---|---|
||`19,789`
`464`
`10,398`|
||`10,862`
`93,567`
`15,921`
`9,410`
`136,027`|
||`254,925`|
||`311,099`
`84,271`
`6,683`
`2,830`
`19,252`|
||`113,036`
`844`
`26,118`
`20,868`
`55,295`
`51,075`
`14,264`|
||`167,620`
`2,100`
`2,100`|
```
This page does not form part of the statutory financial statements
```
```
Page 15
```
```
THE RADLETT LAWN TENNIS AND SQUASH CLUB
```
## **`Detailed Statement of Financial Activities FOR THE YEAR ENDED 31ST DECEMBER 2020`**
|**`Detailed Statement of Financial Activities`**
**`FOR THE YEAR ENDED 31ST DECEMBER 2020`**||
|---|---|
|`2020`
`£`
**`Governance costs`**
`Brought forward`
**`2,100`**
`Professional fees`
**`368`**
**`2,468`**
`Total resources expended`
**`249,008`**
**`Net income`**
**`65,778`**|`2019`
`£`
`2,100`
`506`|
||`2,606`|
||`284,106`|
||`26,993`|
```
This page does not form part of the statutory financial statements
```
```
Page 16
```