REGISTERED REGISTERED CHARITY NUMBER: CHARITY NUMBER: 1117605[1117605]
}
REPORT REPORT OF OF THE THE TRUSTEES TRUSTEES AND AND
UNAUDITED UNAUDITED FINANCIAL FNANCIAL STATEMENTS STATEMENTS
FOR FOR THE THE YEAR YEAR ENDED ENDED 31ST 31ST DECEMBER DECEMBER 2024 2024 FOR FOR
THE THE RADLETT RADLETT LAWN LAWN TENNIS TENNIS AND AND SQUASH CLUB SOUASH CLUB
Daniel Daniel Wolfson Wolfson & & Co Co Ltd Ltd Dns Dns House House 382 382 Kenton Kenton Road Road Harrow Harrow Greater Greater London London HA3 HA3 8DP 8DP
THE RADLETT THE RADLETT LAWN LAWN TENNIS TENNIS AND AND SQUASH SOUASH CLUB CLUB
CONTENTS CONTENTS OF OF THE THE FINANCIAL FNANCIAL STATEMENTS STATENTNTS FOR FOR THE THE YEAR YEAR ENDED ENDED 31ST 31ST DECEMBER DECEMBER 2024 2024
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|Report|Report|of|[of]|the|the|Trustees|Trustees|1|1|to|to|4|4|
|Independent|Independent|Examiner's|Examiner's|Report|Report|5|5|
|Statement|Statement|of|[of Financial]|Financial|Activities|Activities|6|6|
|Statement|Statement|of|of Financial|Financial|Position|Position|7|7|
|Notes|Notes|to|[to]|the|the|Financial|Financial|Statements|Statements|8|8|to|15|15|
|Detailed|Detailed|Statement|Statement|of|of Financial|Financial|Activities|[Activities]|16|16|to|to|17|17|
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THE THE RADLETT RADLETT LAWN LAWN TENNIS TENNIS AND AND SQUASH CLUB SOUASH CLUB
REPORT REPORT OF OF THE THE TRUSTEES TRUSTEES FOR FOR THE THE YEAR YEAR ENDED ENDED 31ST 31ST DECEMBER DECEMBER 2024 2024
The The frustees trustees present present their their report report with with the[the] financial[financial] statements statements of of the[the] charity charity for[for] the[the] year year ended[ended] 31st[31st] December December 2024. 2024. The The
trustees trustees have have adopted adopted[the] the provisions provisions of of Accounting Accounting and and Reporting Reporting by by Charities:[Charities:] Statement Statement of of Recommended Recommended Practice Practice applicable applicable[to] to charities charities preparing preparing their their accounts accounts in[in] accordance[ accordance] with with the[the] Financial Financial Reporting Reporting Standard[Standard] applicable applicable in[in] the[the] UK UK and[and]
Republic Republic of of Ireland Ireland (FRS (FRS 102) 102) (effective (effective 1 1 January January 2019). 2019).
OBJECTIVES OBJECTIVES AND AND ACTIVITIES ACTIVITIES The The[objects] objects of of the[the] Club Club are are to to promote promote the the amateur amateur sports sports of of tennis tennis and and squash squash in[in] Radlett Radlett and and the[the] surrounding surrounding area area and and
community participation community participation[therein] therein by by[the] the provision provision of of facilities facilities for[for] both both of of these[these] sports. sports.
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THE THE RADLETT RADLETT LAWN LAWN TENNIS TENNIS AND AND SQUASH CLUB SOUASH CLUB
REPORT REPORT OF OF THE THE TRUSTEES TRUSTEES FOR FOR THE THE YEAR YEAR ENDED ENDED 31ST 31ST DECEMBER DECEMBER 2024 2024 ti=" ACHIEVENÆNT ACHIEVEMENT AND AND PERFORMANCE PERFORMANCE opportunitiesRLTSC opportunitiesRLTSC club club to to invest[invest] has has sustained sustained[for] forin[in][local] locala a number number our peopleour people membership membership numbers enabling of of upgrades[to] to upgrades play play tennis[tennis] numbersto to our our and and playing playing squash. squash. enablingfacilities,[facilities,] the[the] club club beingensuring ensuringbeing in in a a the the strong strong long-term long-term financial financial health health position, position, of of the the thereby thereby club club and and allowing allowingproviding providing the the Adult Adult playing playing members members aged aged over over 30 30 provide provide the the bulk bulk of of the the membership membership fees. fees. At At the the end end of of December December 2024, 2024, we we had had 446 446 members members[in] in this[this] category, category, lower lower than[than] at[at] December December 2023, 2023, with with tennis[tennis] at[at] 303 303 and and squash squash at[at] 143. 143. ‘Junior’ 'Junior' membership, membership, at at 347 347 members, members,[is] is marginally marginally[lower] lower to[to] last last year. year. Overall, Overall, including including community community members, members, RLTSC RLTSC had 962 had 962 members members at at December December 2024. 2024. Members Members subscription subscription income income was was marginally marginally ahead ahead of of last last year. year. In In addition, addition, the the club club derives derives additional additional income income from from both both projects projects Courts Courts entrance entrance[1-6] 1-6 during duringand and resulting[resulting] court courtthe the fees[fees] year yearon on as as9[9] including including well well[brand] brand as as new new camps camps the the synthetic[synthetic] resurfacing resurfacing and and tennis[tennis] turf[turf tennis] of of schools tennis schools Courts Courts courts courts run run 7-9 7-9 by by to to to[to] our our synthetic synthetic accompany accompany Head Head Coaches. Coaches. turf. turf. our our In In 2 2 2025,hard hard[2025,] The The Clubcourts. courts.Club we we shall shall invested invested The The replace replace Trustees Trustees £74,000 E74,000 the[the] continue continue surface[surface] in[in] Capex Capex on toon to padel padel consider consider[facility,] facility,[the] the club’s club's subject[subject] strategy[strategy] to to planning planningfor[for] a a scale[scale] approval. approval. investment investmentWe We also also[ in] in its[its] intend intend[tennis] tennisto to & introduce& introduce squash squash core core Pickleball Pickleball areas, areas, asfrom asfrom well well the the as as spring spring opportunities opportunities onwards; onwards; for forthis this a a covered covered can can be be played played on on our our existing[existing] hard hard tennis tennis courts courts
On On an an ongoing ongoing basis basis the[the] club club offers[offers] juniors juniors and and adults[adults] term-time term-time and and holiday holiday courses, courses, social social tennis, tennis, competitive competitive tennis tennis and and
squash squash sessions sessions and and endeavours endeavours to to ensure ensure that that all all local local children children and and adults adults can can participate participate in in some some way, way, regardless regardless of of ability ability
members members and/or means. and/or means.- providing providingThe The club clubfive five continues continuesof of its its tennis tennisits its courts‘pay courts'pay & &to toplay' play' community communityscheme scheme members members through through the the on on a‘community 'communitya pay pay and and play play membership membership basis basis plus plus off-peak off-peak scheme’ scheme' squash— squash— currently currently courts courts 116 116 at at
low low affordable affordable rates rates (to[(to] cover cover heating heating and and lighting). lighting). The The club club also[also] supports supports local local schools’ schools' initiatives initiatives and and is is represented represented at at
school school fairs fairs and and other[other] community community events. events. A A junior junior social social is is held held between between March March and September and September on on Friday Friday evenings evenings to to which which all all juniors juniors are are invited. invited.[Adult] Adult tennis[tennis] programmes programmes include include club club socials socials on on Wednesday Wednesday evenings, evenings, Saturday Saturday afternoons afternoons and and
Sunday Sunday mornings, mornings, a a play play and[and] coffee coffee moming morning on on Thursdays, Thursdays, an an Over Over 60’s 60's Social[Social] on on Wednesday Wednesday mornings, mornings, Rusty Rusty Racquets Racquets
on on Monday Monday evenings evenings and[and] Tuesday Tuesday mornings, mornings, drills drills on on and and Tuesday Tuesday evenings, evenings, and and Cardio Cardio tennis[tennis] on on Thursday Thursday evenings evenings and and Friday Friday mornings, mornings, all all of of which which are are well well[supported.] supported.
The The focus focus of our of our Joint[Joint] Head Head Tennis Tennis Coaches, Coaches, Chris Chris Martin Martin and and Laura Laura Collins, Collins, is is to to ensure ensure that that the the coaching coaching team team delivers delivers a a
programme programme[of] of[ activities] activities to[to][support] support[ the] the membership[membership] of[of] the[the] club[club] and[and] the[the] broader[broader] community. community. RLTSC RLTSC has[has] tennis[tennis] teams teams in[in] a a
number number of of district district and and county county leagues leagues at[at] various various age age groups, groups, and and well well attended playing attended playing socials socials from from beginners beginners to to advanced. advanced.
Leemembership Leemembership[Rossiter,] Rossiter, largely driven by largely[the] the Head Head driven[Squash] Squash by the[the] Coach, Coach, closure closuremanages manages of of some some a neighbouring neighbouring a thriving thriving squash squash clubs.[clubs.] and and Utilisation Utilisation racquetball racquetball of squash of ofsquashparticipation participation of courts courts consolidating consolidating has has increased increased increases increases to to close close in in
winter winter to to[full] full capacity. and[capacity.] and summer summer Social Social squash squashsquash squash teams teams on on Monday Monday[in] in the[the] Herts Herts and and League League Friday Friday and and evenings evenings continues a a Vintage Vintage continues team team into toin be the be popularthe popular Middlesex Middlesex and and theleague. league.the club club has hasWe We historically offer historically[offer] a a strong junior[strong] run runjunior both both
tennis tennis section sectionand and with with squash squash[sessions] sessionsat at the theon on club cluba[a] Saturday Saturday closer closer together together and and Sunday. Sunday. and and will willThe Thecontinue continuecoaches coaches to andto and do do the[the] so. so. committee committee have have been been developing developing initiatives initiatives to to bring bring
The The frustees trustees continue continue to to respect respect at at all all times times the the need need to to incorporate incorporate the the public public benefit benefit in in their their running running of of the the club. club. The The club club strives strives[to] to[offer] offer the[the][best] best possible possible playing playing facilities facilities to[to] the[the] broadest broadest number number of of people, people, through through such such measures measures as as mentioned mentioned
above above e.g. e.g. community community members, members, and and by by building building up up a bursary a bursary fund fund to to support support our our charitable charitable activities. activities. We We continue continue to to offer offer
camps camps[and] and[training] training events[events] to[to] school[school] children[children] throughout[throughout] the[the] year.[year.] We We have[have] held held several[several] charity-raising[charity-raising] events events during during the[the]
year. year. We We recycle recycle[all] all our our old old tennis[tennis] balls balls through through Recycaball, Recycaball, and and donate donate all[all] proceeds proceeds of of this initiative this initiative to to the the Recycaball Recycaball chosen chosen charities. charities. We We continue continue[to] to provide provide in-house in-house coach coach led[led] events, events, free free to to members members and and also[also] open open to[to] non-members. non-members. affordableRLTSC RLTSCaffordableconstantly constantly[for] for the[the] maximum maximum strives strives to[to] attract attractnumber number new newof of people people members, members, and and as as the[the] this this trustees trustees is[is] recognised recognised believe believe to to that[that] be be a a the[the] constant constant healthy best[best] way way healthyof of keeping keeping membership membership subscription subscription income income levels levels will will
enable enable the[the] club club to to offer offer its its facilities facilities to to the the greatest greatest number number of of people people across across our our community. community.
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THE THE RADLETT RADLETT LAWN LAWN TENNIS TENNIS AND AND SQUASH SOUASH CLUB CLUB
REPORT REPORT OF OF THE THE TRUSTEES TRUSTEES FOR FOR THE THE YEAR YEAR ENDED ENDED 31ST 31ST DECEMBER DECEMBER 2024 2024
The The club club acknowledges acknowledges[the] the sad sad passing passing John John Apthorp Apthorp during during the[the] year, year, a a benefactor benefactor who who generously generously supported supported the the Club Club
throughout throughout his[his][life] life (together[(together] with with[his] his charity). charity).
A A number number[of] of new new[and] and existing[existing][members] members[have] have become become engaged[engaged] in[in] the[the] running running of[of] the[the] club[club] to[to] ensure ensure that[that] it[it] can can operate[operate]
efficiently efficiently and and within within its its means. means. With With the[the] increased increased membership, membership, I[I] would would encourage encourage any any members, members, who who feel[feel] they they are are able,[able,]
to to step step forward forward to to help help operate operate the[the][club.] club.
FINANCIAL FINANCIAL REVIEW REVIEW The The trustees trustees are are satisfied satisfied with with the the club’s club's financial[financial] performance performance this this year, year, judge judge the[the] club club to to be be in[in] a a stable[stable] financial[financial] position position and and are are confident confident[that] that existing[existing] reserves reserves are are adequate adequate to to meet meet operational operational needs. needs. Continued Continued careful careful cost cost management management is is paramount paramount and[and] the[the] club[club] continues[continues][ to] to regularly[regularly] assess[assess] its[its] ongoing[ongoing] operational[operational][ and] and known[known] capital[capital expenditure requirements.] expenditure requirements. The The accounts accounts show show a a net net profit profit of of EIOI £101,033 ,033 before before depreciation depreciation and and a a post-depreciation post-depreciation profit profit of of E32,135 £32,135 These These profits profits are are used used to to build build up up a a sinking sinking fund fund to to renovate renovate the[the] courts courts and and other[other] facilities,[facilities,] when when required,[required,] and and for for improvements improvements to to the[the] club's[club's] infrastructure infrastructure and and potentially potentially new new playing playing possibilities. possibilities. The The club club had had a a healthy healthy cash cash balance balance of of £515,073 E515,073 at at 31 31 December, December, 2024 2024 which which will[will] be[be] used[used] in[in] part part to[to] fund[fund] the[the] resurfacing resurfacing of[of] tennis[ tennis] Courts Courts 1-6[1-6] in[in] the[the] Spring Spring of[of 2025] 2025 and and a a fixed fixed asset[asset] base[ base] of[of] C360,222 £360,222 net of net of depreciation.[depreciation.] STRUCTURE, STRUCTURE, GOVERNANCE GOVERNANCE AND AND MANAGEMENT MANAGEMENT The The Club Club is is an an unincorporated unincorporated association,[association,] constituted[constituted] under under a a deed deed dated dated 19 19 March, March, 2006. 2006. The The Club Club obtained obtained its its charitable[charitable] status status from from[the] the Charity Charity Commission Commission for[for] England England and[and] Wales Wales on on 17 17 January, January, 2007. 2007. Prior Prior to to that that date, date, the[the] Club Club was was an an unincorporated association unincorporated association[registered] registered as as a a Community Community Amateur Amateur Sports[Sports] Club. Club. The The constitution constitution provides provides that that a a General General Committee Committee will[will] manage manage the[the] club club and and that that the[the] members members of of this this committee committee will[will] be be trustees trustees of of the the charity. charity. The The General General Committee Committee shall shall comprise comprise not not more more than than 13 13 committee committee members members who who will will be be elected elected individually individually by by the the Members Members of of the the Club Club at at the the Annual Annual General General Meeting. Meeting. Trustees Trustees are are required required[to] to retire retire annually annually and[and] are are entitled entitled to[to] offer[offer] themselves[themselves] for[for] re-election[re-election] at[at] the[the] Annual Annual General General Meeting.[Meeting.] Any Any Member Member of[of][ the] the Club[Club][is] is entitled[entitled] to[to] stand[stand] for[for] election[election] to[to] the[the] General General Committee[Committee] at[at] the[the] Annual[Annual] General General Meeting[Meeting] provided[provided] he he has has two two sponsoring sponsoring Members Members of of the the Club. Club. The The General General Committee Committee will[will] normally normally meet meet at[at] least least four four times times a a year year to to review review the[the] management management of of the[the] Club. All Club. All of of the[the] trustees trustees and and committee committee members members are are unpaid unpaid volunteers. volunteers. ’ . The The trustees trustees have have a a duty duty to[to] identify identify and and review review the[the] risks[risks] to to which which the[the] charity[charity] is is exposed exposed and and to to ensure ensure appropriate[appropriate] controls controls are are[in] in place place to[to] provide provide reasonable reasonable assurance assurance against against fraud fraud and[and] error. error. . r
REFERENCE REFERENCE AND AND ADMINISTRATIVE ADMINISTRATIVE DETAILS DETAILS
Registered Registered Charity Charity number number 1117605 1117605
Principal Principal address[address] 425 425 Watling Watling Street Street Radlett Radlett Hertfordshire Hertfordshire WD7 WD7 7JG 7JG
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THE RADLETT THE RADLETT LAWN LAWN TENNIS TENNIS AND AND SQUASH[SOI-JASH] CLUB CLUB
REPORT REPORT OF OF THE THE TRUSTEES TRUSTEES FOR FOR THE THE YEAR YEAR ENDED ENDED 31ST 31ST DECEMBER DECEMBER 2024 2024
Trustees Trustees Mr AMr K MrMr AK Gamsa[Costi] Costi Gamsa- Honorary Honorary - - Honorary HonoraryChairman ChairmanSecretary Secretary Mr Mr D[D] Gilbert[Gilbert] - - Honorary Honorary Treasurer Treasurer Ms Ms A A Argyle[Argyle] - - Honorary Honorary Tennis Tennis Chairman Chairman Mr Mr M M Roycroft[Roycroft] — — Honorary Honorary Squash Squash Chairman Chairman (resigned (resigned 1t 1 May, May, 2025)[2025)] Mr Mr[S] S[Khorgani] Khorgani — — Honorary Honorary Squash Squash Chairman Chairman (appointed (appointed 1 1* May, May, 2025Mrs[2()25Mrs] M M Flower-Ellis Flower-Ellis - - Honorary Honorary Membership Membership Secretary Secretary Independent Independent Examiner Examiner Sumit Sumit Agarwal Agarwal Daniel Daniel Wolfson Wolfson & & Co Co[Ltd] Ltd Dns Dns House House 382 382 Kenton Kenton Road Road Harrow Harrow Greater Greater London London HA3 HA3 8DP 8DP Bankers Bankers Barclays Barclays Bank[Bard(] Baker Baker Street Sfreet PO PO Box Box 45D 45D 93 93 Baker Baker Street Street London London WIA W1A4SD[4SD] President President Ms Ms[J] J Underwood Underwood Club Club Administrator Administrator Ms Ms[J] J Ross Ross Ms Ms N N Dinan Dinan Approved Approved by by order order of[of][ the] the board of[board][of][ trustees] trustees on on 24-(9 2+1/9/.... ... ..... [ .... z[.] Bra and signed signed on on[ its] its behalf behalf by: by: Cc
Mr K Mr K[Costi] Costi - - Trustee Trustee
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INDEPENDENT INDEPENDENT EXAMINER'S EXAMINER'S REPORT REPORT TO TO THE THE TRUSTEES TRUSTEES OF OF THE THE RADLETT RADLETT LAWN LAWN TENNIS TENNIS AND AND SQUASH SOUASH CLUB CLUB
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|Independent|Independent|examiner's|examiner's|report|report to|[to]|the|the trustees|trustees|of|of|The|The|Radlett|Radlett|Lawn|Lawn Tennis|Tennis|and|and|Squash|Squash|Club|Club|
|I|I|report|report|to|to|the|the|charity|charity|trustees|trustees|on|on|my|my|examination|examination|of|of|the|the|accounts|accounts|of|of|The|The|Radlett|Radlett Lawn|Lawn|Tennis|Tennis|and|and|Squash|Squash|Club|Club|(the|(the|Trust)|Trust)|
|for|for the|the|year|year|ended|ended|31st|31st December|December|2024.|2024.|
|Responsibilities|Responsibilities|and|and|basis|basis|of report|[of ]|report|
|As|As the|[the]|charity|[charity]|trustees|frustees|of|[of][ the]|the Trust|Trust|you|you|are|are|responsible|responsible|for|[for]|the|[the]|preparation|preparation|of|[of][ the]|the accounts|accounts|in|[in]|accordance|[ accordance]|with|with|the|[the]|requirements|requirements|
|of|of the|[the]|Charities|Charities|Act|Act 2011|2()11|(‘the|[('the]|Act’).|Act').|
|I|I report|report|in|in|respect|respect of|of my|my|examination|examination|of|of the|the|Trust's|Trust's accounts carried|accounts|carried|out|out|under|under Section|Section|145|145|of|of|the|the|Act|Act|and|and|in|in|carrying|carrying out|out my|my|
|examination|examination|I|[I]|have|have|followed|followed|all|all|applicable|applicable|Directions|Directions|given|given by|by|the|[the]|Charity|Charity|Commission|Commission|under|under Section|Section|145(5)(b)|145(5)(b)|of|of|the|[the]|Act.|Act.|
|Independent|Independent|examiner's|examiner's|statement|statement|
|Since|Since your|your|charity's|charity's|gross|gross|income|income|exceeded £250,000 your examiner|exceeded|250,000|your|examiner must|must be|be|a|a|member|member|of|of a|a|listed|listed body.|body.|I|[I]|can|can|confirm|confirm|that|that|I|[I]|
|am|am|qualified|[qualified]|to|[to]|undertake|[undertake]|the|[the]|examination|[examination]|because|[because]|I|[I]|am|am|a|[a]|member|[member]|of|[of]|the|[the]|Chartered|[Chartered]|Institute|[Institute]|of|[of]|Management|[ Management]|Accountants,|[Accountants,]|
|which|which|[is]|is|one|one|of|of the|[the]|listed bodies.|listed|bodies.|
|I|I|have|have|completed|completed|my|my|examination.|examination.|I|I|confirm|confirm|that|that|no|no|material|material|matters|matters|have|have|come|come|to|to|my|my|attention|attention|in|in|connection|connection|with|with|the|the|
|examination|examination|giving|giving|me|me cause|cause|to|to|believe|believe|[that]|that|[in]|in any|any|material|material|respect:|respect:|
|1.|1,|accounting records|accounting|records were|were not kept|not kept|in|[in]|respect|respect|of|[of][ the]|the|Trust|Trust|as|as required|required by|by|Section|Section|130|[130]|of|[of]|the|[ the]|Act;|Act;|or|or|
|2.|2.|the|the|accounts|accounts|do|do|not|not|accord|accord with|with|those|those|records;|records;|or|or|
|3.|3,|the|the|accounts|accounts|do|do|not|not comply|comply|with|with|the|the|applicable|applicable|requirements|requirements concerning|concerning|the|the|form|form|and|and|content|content|of|of|accounts|accounts|set|set|out|out|in|in|
|the|the|Charities|Charities|(Accounts|(Accounts|and Reports) Regulations|and|Reports)|Regulations|2008|2008|other|other than|than|any|any|requirement|requirement that|that the|the|accounts|accounts give|give|a|a|true|true|and|and|
|fair|fair|view|view|which|which|is|[is]|not|not|a|a|matter|matter considered|considered as|as|part|part|of|of an|an|independent|independent examination.|examination.|
|I|I|have|have|no|no|concerns|concerns|and|and|have|have|come|come|across|across|no|no|other|other matters|matters|in|in|connection|connection with|with|the|the|examination|examination|to|to|which|which|attention|attention|should|should be|be|
|drawn|drawn|[in]|in|this|this|[report]|report|[in]|in|order|order|to|to|enable|enable|a|a proper|proper|understanding|understanding of|of the|[the]|accounts|accounts to|to be|be reached.|reached.|
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Sumit Sumit Agarwal Agarwal
Daniel Daniel Wolfson Wolfson & & Co Co Ltd Ltd Dns Dns House House
382 382 Kenton Kenton Road Road Harrow Harrow Greater Greater London London
HA3 HA3 8DP 8DP
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THE RADLETT THE RADLETT LAWN LAWN TENNIS TENNIS AND AND SQUASH SOUASH CLUB CLUB
STATEMENT STATEMENT OF OF FINANCIAL FINANCIAL ACTIVITIES ACTIVITIES FOR FOR THE THE YEAR YEAR ENDED ENDED 31ST 31ST DECEMBER DECEMBER 2024 2024
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|2024|2024|2023|2023|
|Unrestricted|Unrestricted|Restricted|Restricted|Total|Total|Total|Total|
|funds|fund|funds|funds|
|Notes|Notes|funds£|fund£|funds£|funds£|
|INCOME|INCOME AND|AND|ENDOWMENTS|ENDOWMENTS|FROM|[FROM]|
|Donations|Donations|and|and|legacies|legacies|2|2|§,211|5,211|-|5,211|5,211|24,243|24,243|
|Charitable|Charitable|activities|activities|5|5|
|Coaching|Coaching|112,863|112,863|-|112,863|112,863|140,030|140,030|
|Entrance,|Entrance,|[visitor]|visitor|and|[and]|[court]|court|fees|[fees]|27,509|27,509|-|27,509|27,509|27,106|27,106|
|Tournaments|Toumaments|and|and leagues|leagues|14,741|14,741|-|14,741|14,741|11,279|11,279|
|Subscriptions|Subscriptions|204,653|204,653|-|204,653|204,653|200,848|200,848|
|Other|Other|trading|trading|activities|activities|3|3|26,531|26,531|-|26,531|26,531|28,403|28,403|
|Investment|Investment|income|income|4|4|25,659|25,659|-|25,659|25,659|20,917|20,917|
|Total|Total|417,167|417,167|-|417,167|417,167|452,826|452,826|
|EXPENDITURE|EXPENDITURE|ON|ON|
|Charitable|Charitable|activities|activities|6|6|
|Coaching|Coaching|99,708|99,708|-|99,708|99,708|117,914|117,914|
|Tournaments and|Tournaments|and|leagues|[leagues]|12,224|12,224|-|12,224|12,224|10,671|10,671|
|Charity|Charity adminisfration|administration|and|[and]|overheads|[overheads]|230,958|230,958|-|230,958|230,958|221,679|221,679|
|Afflliation|Affiliation|and|and registration|registration|3,537|3,537|-|3,537|3,537|2,008|2,008|
|Governance|Governance|costs|[costs]|2,704|2,704|-|2,704|2,704|2,647|2,647|
|Other|Other resources|resources|expended|expended|35,901|35,901|:|35,901|35,901|37,786|37,786|
|Total|Total|385,032|385,032|-|385,032|385,032|392,705|392,705|
|NET|NET INCOME|NCOME|32,135|32,135|-|32,135|32,135|60,121|60,121|
|RECONCILIATION|RECONCILIATION|OF|OF FUNDS|FUNDS|
|Total|Total|funds brought|funds brought|forward|[forward]|820,968|820,968|-|820,968|820,968|760,847|760,847|
|TOTAL|TOTAL FUNDS|[FUNDS]|CARRIED|CARRIED|FORWARD|FORWARD|853,103|853,103|-|853,103|853,103|820,968|820,968|
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The The notes notes form[form] part[part] of[of] these[ these] financial[financial] statements statements Page Page 6[6]
THE THE RADLETT RADLETT LAWN LAWN TENNIS TENNIS AND AND SOUASH SQUASH CLUB CLUB
STATEMENT STATEMENT OF OF FINANCIAL FINANCIAL POSITION POSITION 31ST 31ST DECEMBER DECEMBER 2024 2024
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|2024|2024|2023|2023|
|Unrestricted|Unrestricted|Restricted|Restricted|Total|Total|Total|Total|
|funds|fund|funds|funds|
|Notes|Notes|funds£|fund£|funds£|funds£|
|FNED|FIXED ASSETS|ASSETS|
|Tangible|Tangible|[assets]|assets|10|10|360,222|360,222|-|360,222|360,222|354,968|354,968|
|CURRENT|CURRENT|ASSETS|ASSETS|
|Stocks|Stocks|11|11|6,338|6,338|-|6,338|6,338|6,123|6,123|
|Debtors|Debtors|12|12|10,589|10,589|-|10,589|10,589|9,883|9,883|
|Cash|Cash|[at]|at bank|bank|and|and|in|[in]|hand|hand|515,073|515 073|-|515,073|515|073|500,825|500 825|
|532,000|532,000|-|532,000|532,000|516,831|516,831|
|CREDITORS|CREDITORS|
|Amounts|Amounts|falling|falling|due|due|within|within|one|one|year|year|13|13|(39,120)|(39,120)|(39,120)|(39,120)|(50,831)|(50,831)|
|NET|NET CURRENT|[CURRENT]|ASSETS|ASSETS|492,880|492|880|-|492,881|492|[881]|466,000|466 ooo|
|TOTAL|TOTAL|ASSETS LESS|ASSETS|LESS|CURRENT|CURRENT|
|LIABILITIES|LIABILITIES|853,102|853,102|-|853,102|853,102|820,968|820,968|
|NET|NET ASSETS|ASSETS|853,102|853|102|-|853,102|853|[102]|820,968|820|968|
|FUNDS|FUNDS|14|14|
|Unrestricted|Unrestricted|funds|[funds]|853,102|853,102|820,968|820|[968]|
|TOTAL|TOTAL FUNDS|[FUNDS]|853,102|853|102|820,968|820|[968]|
----- End of picture text -----
The financial statements were approved by the Board of Trustees and authorised for issue on . ... and were signed on Theon its its financial behalf[ behalf] by: by: statements were approved by the Board ofTrustees and authorised for issue on 24-[o|25nd were signed
VasMr K Mtr K Costi[Costi] - - Trustee Trustee
The The notes notes form form part part of of these[these] financial[financial] statements statements
Page Page 7 7
il
THE RADLETT THE RADLETT LAWN LAWN TENNIS TENNIS AND AND SQUASH CLUB SOUASH CLUB NOTES NOTES TO To THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS FOR FOR THE THE YEAR YEAR ENDED ENDED 31ST 31ST DECEMBER DECEMBER 2024 2024
- ACCOUNTING ACCOUNTING POLICIES POLICIES BASIS BASIS OF OF PREPARING PREPARING THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS The The financial[financial] statements statements of of the[the] charity, charity, which which is is a a public public benefit benefit entity entity under under FRS FRS 102, 102, have have been been prepared prepared in in
accordance accordance with with[the] the Charities[Charities] SORP SORP (FRS (FRS 102) 102) 'Accounting 'Accounting and and Reporting Reporting by by Charities: Charities: Statement of Statement of Recommended Recommended Practice Practice applicable applicable to to charities charities preparing preparing their their accounts accounts in in accordance accordance with with the the Financial Financial Reporting Reporting Standard Standard applicable applicable[in] in the[the] UK UK and[and] Republic[Republic][of] of Ireland Ireland (FRS (FRS 102)[102)] (effective (effective 1[1] January January 2019)',[2019)',] Financial Financial Reporting Reporting Standard Standard
102 102 'The 'The Financial Financial Reporting Reporting Standard Standard applicable applicable in in the the UK UK and and Republic Republic of of Ireland' Ireland' and and the the Charities Charities Act Act 2011. 2011. The The financial financial statements statements have have been been prepared prepared under under the the historical historical cost cost convention. convention.
INCOME INCOME All All income income[is] is recognised recognised[in] in the[the] Statement Statement of of Financial Financial Activities[Activities] once once the[the] charity charity has has entitlement entitlement to to the[the] funds,[funds,] it it is is probable probable that[that] the[the] income income[will] will be be received received and and the[the] amount amount can can be be measured measured reliably. reliably.
EXPENDITURE EXPENDITURE Liabilities Liabilities are are recognised recognised as as expenditure expenditure as as soon soon as as there[there] is[is] a[a] legal[legal] or or constructive constructive obligation obligation committing committing the[the] charity[charity] to to that that expenditure, expenditure, it it is is probable probable[that] that a a transfer[transfer] of of economic economic benefits[benefits] will[will] be be required required in in settlement[settlement] and and the the amount amount of of the the obligation obligation can can be be measured measured reliably. reliably Expenditure Expenditure is is accounted accounted for for on on an an accruals accruals basis basis and and has has been been classified classified under headings under headings that[that] aggregate aggregate all all cost[cost][related] related[to] to[the] the category.[category.] Where Where costs[costs] cannot cannot be[be] directly directly attributed[attributed] to[to] particular[particular] headings headings they they have been[have][been] allocated[allocated][to] to activities activities on on a a basis basis consistent[consistent] with with the[the] use use of[of] resources. resources.
==> picture [391 x 69] intentionally omitted <==
----- Start of picture text -----
||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|TANGIBLE|TANGIBLE|FIXED|FIXED|ASSETS|ASSETS|
|Depreciation|Depreciation|is|[is]|provided|provided|[at the]|at the|following|following|annual|annual rates|rates|in|[in]|order|order|to|[to]|write|write|off|off|each|[each]|asset|[asset]|over|over its|its|estimated|estimated|useful|useful life.|life.|
|Clubhouse|Clubhouse and|and|grounds|[grounds]|-|5%|5%|on|on|cost|cost|
|Tennis|Tennis|and|and|squash|squash|court|court|surfaces|[surfaces]|-|10%|10%|on|on|cost|cost|
|Furniture|Furniture|and|[and]|equipment|[equipment]|-|20%|20%|on|on|cost|cost|
|Clubhouse|Clubhouse|improvements|improvements|-|10%|10%|on|on|cost|cost|
----- End of picture text -----
STOCKS STOCKS Stocks Stocks are are[valued] valued at[at] the[the] lower lower of[of] cost[cost] and[and] net net realisable realisable value, value, after[after] making making due[due] allowance[allowance] for[for] obsolete[obsolete] and[and] slow[slow]
moving moving items.[items.]
TAXATION TAXATION
The The charity[charity][is] is exemptfrom exempt from[tax] tax on on its its charitable[charitable] activities. activities.
FUND FUND ACCOUNTNG ACCOUNTING
Unrestricted Unrestricted funds[funds ] can can be be[used] used[in] in accordance[accordance] with with the[the] charitable[charitable] objectives objectives at[at] the[the] discretion[discretion] of[of] the[ the] trustees. frustees. Resfricted Restricted[funds] funds can can only only be[be] used[used] for[for particular] particular restricted resfricted purposes purposes within within the[the] objects[objects] of[of] the[ the] charity. charity. Restrictions[Resfrictions] arise[arise] when when specified specified by by the[the] donor[donor] or or when when funds[funds] are are raised raised for[for] particular particular restricted[restricted] purposes. purposes. Further Further explanation explanation of[of] the[ the] nature[nature] and[and] purpose purpose of[of] each[ each] fund[fund] is[is] included[included] in[in] the[the] notes[notes] to[to] the[the] financial[financial] statements.[statements.]
Page Page 8[8] continued... continued...
THE RADLETT THE RADLETT LAWN LAWN TENNIS TENNIS AND AND SQUASH CLUB SOUASH CLUB
NOTES NOTES TO To THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS - - continued continued FOR FOR THE THE YEAR YEAR ENDED ENDED 31ST 31ST DECEMBER DECEMBER 2024 2024
| 2. 2: |
DONATIONS AND LEGACIES DONATIONSAND LEGACIES |
DONATIONS AND LEGACIES DONATIONSAND LEGACIES |
||
|---|---|---|---|---|
| 2024 2024 |
2023 2023 |
|||
| £ | £ | |||
| Gifts, donationsand grants Gifts, donations andgrants |
5 211 5,211 |
24 243 24,243 |
||
| 5 211 5,211 |
24 243 24,243 |
|||
| 3. 3. |
OTHER TRADINGACTIVITIES OTHERTRADING ACTIVITIES |
|||
| 2024 2024 |
2023 2023 |
|||
| £ | £ | |||
| Bartakings Bartakings |
24,517 24,517 |
27,008 27,008 |
||
| Social functions Social functions |
2,014 2,014 |
1 395 1,395 |
||
| 26 531 26,531 |
28 403 28,403 |
|||
| 4. 4. |
INVESTMENT INCOME INVESTMENTINCOME |
|||
| 2024 2024 |
2023 2023 |
|||
| £ | £ | |||
| Interestincome Interest income |
16,118 16,118 |
10,555 10,555 |
||
| Rent receivable Rentreceivable |
9 541 9,541 |
10 362 10,362 |
||
| 25 659 25,659 |
20 917 20,917 |
|||
| 5. 5; |
INCOME FROM CHARITABLE ACTIVITIES INCOMEFROMCHARITABLE ACTIVITIES |
|||
| 2024 2024 |
2023 2023 |
|||
| Coaching Entrance, visitor andcourt fees Coaching Entrance, visitor and court fees |
Activity Coaching Entrance, visitor and court fees Activity Coaching Entrance, visitor andcourt fees |
112,863 27,509 £ 112,863 27,509 |
140,030 27,106 £ 140,030 27,106 |
|
| Tournaments and leagues Tournaments and leagues |
Tournaments and leagues Tournaments and leagues |
14,741 14,741 |
11,279 11,279 |
|
| Member subscriptions Membersubscriptions |
Subscriptions Subscriptions |
204,653 204,653 |
200,848 200,848 |
|
| 359 766 359,766 |
379 263 379,263 |
Page Page 9 9
==> picture [41 x 12] intentionally omitted <==
----- Start of picture text -----
continued... continued...
----- End of picture text -----
THE RADLETT THE RADLETT LAWN LAWN TENNIS TENNIS AND AND SQUASH CLUB SOUASH CLUB NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS -[-] continued[continued] FOR FOR THE THE YEAR YEAR ENDED ENDED 31ST 31ST DECEMBER DECEMBER 2024 2024
eeeeee
- CHARITABLE CHARITABLE ACTIVITIES ACTIVITIES COSTS[COSTS]
| 6. 6. |
CHARITABLEACTIVITIES [COSTS] CHARITABLE ACTIVITIESACTIVITIES COSTS |
|||
|---|---|---|---|---|
| Direct Costs Direct Costs |
Support costs (see note 7) Support costs (see note 7) |
Totals Totals |
||
| £ | f | £ | ||
| Coaching Tournaments and leagues Charityadministration and overheads Affiliation and registration Coaching Tournaments and leagues Charity administrationandoverheads Affiliationandregistration |
99,708 12,224 3,537 99,708 12,224 - 3,537 |
230,958 - - 230,958 - |
99,708 12,224 230,958 3,537 99,708 12,224 230,958 3,537 |
|
| Governance costs Governance costs |
- | 2,704 2,704 |
2,704 2,704 |
|
| Other resources expended Otherresources expended |
35,901 35,901 |
- | 35,901 35,901 |
|
| 151,370 151,370 |
233,662 233,662 |
385,032 385,032 |
||
| 7. | SUPPORT COSTS SUPPORT COSTS |
|||
| Governance Governance |
||||
| Other Other |
costs costs |
Totals Totals |
||
| £ | £ | E | ||
| Charity administration and overheads Governance costs Charity administration andoverheads Governance costs |
230,958 230,958 - |
2,704 - 2,704 |
230,958 2 704 230,958 2,704 |
|
| 230,958 230,958 |
2,704 2,704 |
233,662 233,662 |
||
| Support costs, included in the above, are as follows: Support costs, included in the above, are as follows: |
||||
| OTHER OTHER |
2023 |
| OTHER OTHER |
||
|---|---|---|
| OTHER | 2024 2024 |
2023 2023 |
| Charity Charity |
||
| administration administration |
||
| and overheads and overheads |
Total activities Total activities |
|
| £ | £ | |
| Wages and salaries Rates, insurance and utilities Upkeep and maintenance Depreciation oftangible fixed assets Office and club administration Wages and salaries Rates, insuranceandutilities Upkeep and maintenance Depreciation oftangible fixedassets Office andclub administration |
42,405 25,237 74,891 68,898 19,528 42,405 25,237 74,891 68,898 19,528 |
38,014 29,795 74,778 58,023 21 069 38,014 29,795 74,778 58,023 21,069 |
| 230,958 230,958 |
221,679 221,679 |
Page Page 10[10]
continued... continued...
THE THE RADLETT RADLETT LAWN LAWN TENNIS TENNIS AND AND SQUASH CLUB SOUASH CLUB NOTES NOTES TO TO THE THE FINANCIAL FNANCIAL STATEMENTS STATEMENTS - - continued continued FOR FOR THE THE YEAR YEAR ENDED ENDED 31ST 31ST DECEMBER DECEMBER 2024 2024
Ts SUPPORT SUPPORT COSTS COSTS -[-] continued continued GOVERNANCE GOVERNANCE[COSTS] COSTS
==> picture [393 x 81] intentionally omitted <==
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|2024|2024|2023|2023|
|Governance|Governance|Total|Total|
|costs|costs|activities|activities|
|£|£|
|Examiner's|Examiner's|[fees]|fees|2,314|2,314|2257|2,257|
|Professional|Professional|fees|[fees]|390|390|390|390|
|2,704|2|704|2,647|2|647|
----- End of picture text -----
- TRUSTEES' TRUSTEES' REMUNERATION REMUNERATION AND AND BENEFITS BENEFITS
No No[trustees] trustees received received[remuneration] remuneration or or benefits[benefits] during during the[the] year. year.
TRUSTEES' TRUSTEES' EXPENSES[EXPENSES] Trustees' Trustees’ expenses expenses have have been been reimbursed reimbursed where where small small in in nature, nature, supported supported by by vouchers vouchers and and wholly wholly and and exclusively exclusively for[for] the[the] benefit[benefit] of of the[the] charity. charity.
==> picture [417 x 223] intentionally omitted <==
----- Start of picture text -----
|||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|9.|9.|STAFF|STAFF COSTS|COSTS|
|2024|2024|2023|2023|
|Bar|Bar|Staff|Staff|6,665|6,665|5223|5,223|
|Office|Office|Admin|Admin|41,011|41,011|37,088|37,088|
|Apprentice-|Apprentice-|coaching|coaching|558|558|19,698|19|698|
|48,234|48|234|62,009|62,009|
|The|The|average|average|monthly|monthly number|number|of|[of]|employees|employees during|during|the|[the]|year|year|was|was|as|as|follows:|follows:|
|2024|2024|2023|2023|
|Bar|Bar staff|staff|1|1|1|1|
|Management|Management|Apprentice-|Apprentice-|[coaching]|coaching and|[and]|administration|administration|2|2|1|1|Z|2|1|1|
|ee|4|panies|4|
|No|No employees|employees received|received emoluments|emoluments|in|[in]|excess|excess|of|[of]|£60,000.|[ E60,000.]|
----- End of picture text -----
Page Page 11[1][1] continued... continued...
THE THE RADLETT RADLETT LAWN LAWN TENNIS TENNIS AND AND SQUASH SOUASH CLUB CLUB
NOTES NOTES TO TO THE THE FINANCIAL FNANCIAL STATEMENTS STATEMENTS - - continued continued FOR FOR THE THE YEAR YEAR ENDED ENDED 31ST 31ST DECEMBER DECEMBER 2024 2024
| 10. 10. |
TANGIBLE FIXED ASSETS TANGIBLE FIXED ASSETS |
|||||
|---|---|---|---|---|---|---|
| Tennis Tennis |
||||||
| and and |
||||||
| Clubhouse and grounds Clubhouse and grounds |
squash court surfaces squash court surfaces |
Furniture and equipment Furniture and equipment |
Clubhouse improvements Clubhouse improvements |
Totals Totals |
||
| £ | £ | £ | £ | £ | ||
| COST COST |
||||||
| At 1st January 2024 At 1stJanuary2024 |
335,175 335,175 |
430,677 430,677 |
31,354 31,354 |
304,853 304,853 |
1,102,059 1,102,059 |
|
| Additions Retirements Additions Retirements |
- | 61,368 (68,277) 61,368 (68,277) |
4,198 (27,566) 4,198 (27,566) |
8,587 (231,793) 8,587 (231,793) |
74,153 (327,636) 74,153 (327,636) |
|
| At 31stDecember2024 At 31stDecember2024 |
335 175 335,175 |
423,768 423,768 |
7,986 7,986 |
81,647 81,647 |
848,576 848,576 |
|
| DEPRECIATION DEPRECIATION |
||||||
| At 1st January 2024 At 1stJanuary 2024 |
164,169 164,169 |
265,583 265,583 |
29,257 29,257 |
288,083 288,083 |
747,092 747,092 |
|
| Charge for year Retirements Charge foryear Retirements |
16,759 16,759 |
42,377 (68,277) 42,377 (68,277) |
1,597 (27,566) 1,597 (27,566) |
8,165 (231,793) 8,165 (231,793) |
68,898 (327,636) 68,898 (327,636) |
|
| At 31st December 2024 At 31stDecember2024 |
180 928 180,928 |
239 683 239,683 |
3 288 3,288 |
64 455 64,455 |
488354 488,354 |
|
| NET BOOK VALUE NET BOOKVALUE |
||||||
| At 31 st December 2024 At 31st December2024 |
154,247 154,247 |
184,085 184,085 |
4,698 4,698 |
17,192 17,192 |
360,222 360,222 |
|
| At 31st December2023 At 31stDecember 2023 |
171,007 171,007 |
165,094 165,094 |
2,097 2,097 |
16,770 16,770 |
354,968 354,968 |
|
| 11. 11. |
STOCKS STOCKS |
|||||
| 2024 2024 |
2023 2023 |
|||||
| £ | 5 | |||||
| Stocks Stocks |
6,338 6,338 |
6,123 6,123 |
||||
| 12. 12. |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR DEBTORS: AMOUNTS FALLINGDUEWITHIN ONE YEAR |
|||||
| 2024 2024 |
2023 2023 |
|||||
| ~ | £ | |||||
| Trade debtors Trade debtors |
104 104 |
167 167 |
||||
| Prepayments and accruedincome Prepayments andaccruedincome |
10,485 10,485 |
9,716 9,716 |
||||
| 10,589 10,589 |
9,883 9,883 |
Page Page 12[12] continued... continued...
THE THE RADLETT RADLETT LAWN LAWN TENNIS TENNIS AND AND SQUASH SOUASH CLUB CLUB
NOTES NOTES TO TO THE THE FINANCIAL FNANCIAL STATEMENTS STATEMENTS -[-] continued[continued] FOR FOR THE THE YEAR YEAR ENDED ENDED 31ST 31ST DECEMBER DECEMBER 2024 2024
==> picture [419 x 461] intentionally omitted <==
----- Start of picture text -----
|||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|13.|13.|CREDITORS:|CREDITORS: AMOUNTS|AMOUNTS|FALLING|FALLING|DUE|DUE|WITHIN|WITHIN|ONE|ONE|YEAR|[YEAR]|
|2024|2024|2023|2023|
|£|£|
|Other|Other|[creditors]|creditors|7,203|7,203|11,615|11,615|
|Accruals|Accruals|8,868|8,868|6,510|6,510|
|Deferred|Deferred|[income]|income|23,049|23,049|32,706|32|706|
|39,120|39,120|50,831|50|831|
|14.|14,|MOVEMENT|MOVEMENT|IN|IN|FUNDS|FUNDS|
|Net|Net|
|movement|movement|At|At|
|At|At|1.1.24|[1.1.24]|in|in|funds|funds|31.12.24|31.12.24|
|&|&|£|
|Unrestricted|Unrestricted|funds|funds|
|General|General|reserve|reserve|820,968|820,968|32,135|32,135|853,103|853,103|
|TOTAL|TOTAL|FUNDS|[FUNDS]|820,968|820,968|32,135|32,135|853,103|853,103|
|Net|Net movement|movement|in|[in]|funds,|[funds,]|included|included|[in]|in|the|[the]|above|above are|are|as|as|follows:|follows:|
|Incoming|Incoming|Resources|Resources|Movement|Movement|
|resources|resources|expended|expended|in|in|funds|funds|
|£|£|£|
|Unrestricted|Unrestricted|funds|funds|
|General|General|reserve|reserve|417,167|417,167|(385,032)|(385,032)|32,135|32,135|
|TOTAL|TOTAL FUNDS|[FUNDS]|417,167|417,167|(385,032)|(385,032)|32,135|32|135|
|Comparatives|Comparatives|for|for|movement|movement|in|[in]|funds|funds|
|Net|Net|
|movement|movement|At|
|At|At|1.1.23|[1.1.23]|in|in|funds|funds|31.12.25|31.12.23|
|£|£|£|
|Unrestricted|Unrestricted|funds|funds|
|General|General|reserve|reserve|760,847|760,847|60,121|60,121|820,968|820,968|
|TOTAL|TOTAL|FUNDS|[FUNDS]|760,847|760,847|60,121|60,121|820,968|820,968|
----- End of picture text -----
continued... continued...
Page Page 13[13]
THE THE RADLETT RADLETT LAWN LAWN TENNIS TENNIS AND AND SQUASH SOUASH CLUB CLUB
NOTES NOTES TO TO THE THE FINANCIAL FNANCIAL STATEMENTS STATEN"NTS - - continued continued FOR FOR THE THE YEAR YEAR ENDED ENDED 31ST 31ST DECEMBER DECEMBER 2024 2024
pa
14. 14. MOVEMENT m MOVEMENT IN FUNDS[FUNDS] - - continued continued Comparative Comparative[net] net movement movement[in] in funds, funds,[included] included in[in] the[the] above[above] are[are] as[as] follows:[follows:]
==> picture [392 x 80] intentionally omitted <==
----- Start of picture text -----
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Incoming|Incoming|Resources|Resources|Movement|Movement|
|resources|resources|expended|expended|in|in|funds|funds|
|£|£|£|
|Unrestricted|Unrestricted|funds|funds|
|General|General reserve|reserve|452,826|452,826|(392,705)|(392,705)|60,121|60,121|
|TOTAL|TOTAL|FUNDS|[FUNDS]|452,826|452,826|(392,705)|(392,705)|60,121|60|[121]|
----- End of picture text -----
A A[current] current year year 12[12] months[months and] and prior[ prior] year year[12] 12 months[months][ combined position] combined position is[is] as[as] follows:[follows:]
==> picture [390 x 89] intentionally omitted <==
----- Start of picture text -----
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Net|Net|
|movement|movement|At|
|At|At|1.1.23|[1.1.23]|in|in|funds|funds|31.12.24|31.12.24|
|£|£|£|
|Unrestricted|Unrestricted|funds|funds|
|General|General|reserve|reserve|760,847|760,847|92,256|92,256|853,103|853,103|
|TOTAL|TOTAL FUNDS|[FUNDS]|760,847|760,847|92,256|92,256|853,103|853,103|
----- End of picture text -----
A A current[current] year year[12] 12 months[months][ and] and prior[prior] year year 12[12] months[months] combined[combined][ net] net movement[ movement] in[in] funds,[funds,] included[included] in[in] the[the] above[above] are[are] as[as] follows: follows:
==> picture [392 x 81] intentionally omitted <==
----- Start of picture text -----
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Incoming|Incoming|Resources|Resources|Movement|Movement|
|resources|resources|expended|expended|in|in|funds|funds|
|£|£|£|
|Unrestricted|Unrestricted|funds|funds|
|General|General|reserve|reserve|869,993|869,993|(777,737)|(777,737)|92,256|92,256|
|TOTAL|TOTAL FUNDS|[FUNDS]|869,993|869,993|(771,737)|(777,737)|92,256|92,256|
----- End of picture text -----
Page Page 14 14 continued... continued.[..]
THE THE RADLETT RADLETT LAWN LAWN TENNIS TENNIS AND AND SQUASH CLUB SOUASH CLUB NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024 FOR THE YEAR ENDED 31ST DECEMBER- continued2024
15. 15. RELATED RELATED PARTY PARTY DISCLOSURES DISCLOSURES
There There were were no no[related] related party party transactions[transactions] for[for] the[the] year year ended[ended] 31st[31][st] December December 2024. 2024.
Page Page 15[15]
THE THE RADLETT RADLETT LAWN LAWN TENNIS TENNIS AND AND SQUASH SOUASH CLUB CLUB DETAILED DETAILED STATEMENT STATEMENT OF OF FINANCIAL FINANCIAL ACTIVITIES ACTIVITIES FOR FOR THE THE YEAR YEAR ENDED ENDED 31ST 31ST DECEMBER DECEMBER 2024 2024
| 2024 2024 |
2023 2023 |
|
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS INCOMEAND ENDOWMENTS |
||
| Donations and legacies Donations and legacies |
||
| Gifts, donations and grants Gifts, donations andgrants |
5 211 5,211 |
24,243 24,243 |
| 5,211 5,211 |
24,243 24,243 |
|
| Other trading activities Othertrading activities |
||
| Bartakings Bar takings |
24,517 24,517 |
27,008 27,008 |
| Social functions Social functions |
2,014 2,014 |
1 395 1,395 |
| 26,531 26,531 |
28,403 28,403 |
|
| Investment income Investment income |
||
| Interestincome Interest income |
16,118 16,118 |
10,555 10,555 |
| Rentreceivable Rent receivable |
9,541 9,541 |
10,362 10,362 |
| 25,659 25,659 |
20,917 20,917 |
|
| Charitable activities Charitable activities |
||
| Coaching Entrance, visitor and court fees Coaching Entrance, visitor and court fees |
112,863 27,509 112,863 27,509 |
140,030 27,106 140,030 27,106 |
| Tournaments and leagues Tournaments and leagues |
14,741 14,741 |
11,279 11,279 |
| Member subscriptions Member subscriptions |
204,653 204,653 |
200,849 200,849 |
| 359 766 359,766 |
379,264 379,264 |
|
| Totalincoming resources Totalincomingresources |
417,167 417,167 |
452,826 452,826 |
| EXPENDITURE EXPENDITURE |
||
| Charitable activities Charitable activities |
||
| Coaching Tournament and leagues Coaching Tournament and leagues |
99,708 12,224 99,708 12,224 |
117,914 10,671 117,914 10,671 |
| Affiliations and regisfration Affiliations and registration |
3,537 3,537 |
2,008 2,008 |
| Other resources expended Other resources expended |
35,901 35,901 |
37,786 37,786 |
| 151,370 151,370 |
168,379 168,379 |
This This page page does[does] not not form form part[part] of of the[the] statutory[statutory] financial[financial] statements statements Page Page 16 16
THE THE RADLETT RADLETT LAWN LAWN TENNIS TENNIS AND AND SQUASH CLUB SOUASH CLUB DETAILED DETAILED STATEMENT STATEMENT OF OF FINANCIAL FINANCIAL ACTIVITIES ACTIVITIES FOR FOR THE THE YEAR YEAR ENDED ENDED 31ST 31ST DECEMBER DECEMBER 2024 2024
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|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|2024|2024|2023|2023|
|£|s|
|Management|Management|
|Other|Other|
|Wages|Wages and salaries|and|salaries|42,405|42,405|38,014|38,014|
|Rates,|Rates,|insurance|insurance and|and|utilities|utilities|25,237|25,237|29,795|29,795|
|Upkeep|Upkeep|and|and|maintenance|maintenance|74,891|74,891|74,778|74,778|
|Depreciation|Depreciation|[of]|of tangible|tangible|fixed|fixed|assets|assets|68,898|68,898|58,023|58,023|
|Office|Office|[and]|and|club|club|administration|administration|19,527|19|527|21,069|21|069|
|230,958|230,958|221,679|221,679|
|Governance|Governance|[costs]|costs|
|Examiner's|Examiner's|[fees]|fees|2,314|2,314|2,257|2,257|
|Professional|Professional|fees|[fees]|390|390|360|360|
|2,704|2|704|2,647|2|647|
|Total|Total|resources|resources|expended|expended|385,032|385|[032]|392,705|392|705|
|Net|Net income|income|32,135|32|135|60,121|60|121|
----- End of picture text -----
This This page page does does not not form form part[part] of of the[the] statutory[statutory] financial[financial] statements statements Page Page 17[17]