## **WOTTON COMMUNITY SPORTS FOUNDATION** **Company Registration Number: 0634335** **Registered Charity Number: 1121349** **Abridged accounts (Independently Examined)** **for the year ended 31 March 2022** **Period of accounts** **Start date: 01 April 2021 End date: 31 March 2022** ## **Balance sheet statements** For the year ended 31 March 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of accounts. The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444 (2A). These accounts have been prepared in accordance with the provisions applicable to companies subject to the small company regime. The directors have chosen to not file a copy of the company’s profit and loss account, **This report was approved by the board of directors on 15/06/22 and signed on behalf of the board by** : ## **Carl Jenner** Name: Carl Jenner Status: Director ## **Notes to the Financial Statements** Accounting policies – These statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of the Financial Reporting Standard 102. The notes form part of these financial statements ## **WOTTON COMMUNITY SPORTS FOUNDATION** **(Registered Charity 1121349 / Company No 0634335)** ## **Balance Sheet at 31 March 2022** |||**Notes**|**2021/22**|**2020/21**| |---|---|---|---|---| ||||**£**|**£**| |**Fixed Assets**||||| |Intangible Assets|||£0|£0| |Tangible Assets|||1,705,387|1,652,067| |Investments|||0|£0| |**Total Fixed Assets**|||**£1,705,387**|**£1,652,067**| |**Current Assets**||||| |Stocks|||£0|£0| |Debtors|||£0|£0| |Cash at bank and in hand|||£265,585|£168,520| |Investments|||£0|£0| |**Total Current Assets**|||**£265,585**|**£168,520**| |Creditors : amounts falling due within one year|||£0|£0| |**Net Current Assets**|||**£265,585**|**£168,520**| |Total Assets less Current liabilities|||£1,970,972|£1,820,587| |Creditors : amounts falling due after one year|||£0|£0| |Liabilities|||£0|£0| |**TOTAL NET ASSETS**|||**£1,970,972**|**£1,820,587**| |**Capita and reserves**||||| |Called up share capital|||£1,820,587|£1,569,654| |Profit & loss account|||£150,385|£250,933| |**TOTAL Shareholder Funds**|||**£1,970,972**|**£1,820,587**| _**Page 1 of 5**_ ## **WOTTON COMMUNITY SPORTS FOUNDATION** **(Registered Charity 1121349 / Company No 0634335)** ## **Income & Expenditure Account for the period ending 31 March 2022** ||**Income**
**Notes**
**2021/22**
**Total**
**Funds**
Dividend Income
£42,200
KLB
£11,400
Donations
£1,950
Grant Income
£115,500
Project Income
£3,702
Party In the Park
£0
Interest Received
£15
Income from 2000 Club
£2,000
Other Income
£600
VAT Income
£2,945
**Total Income**
**£180,312**
**Expenditure**
**Notes**
**2021/22**
**Total**
**Funds**
Pitch maintenance
£3,209
Parc maintenance
£3,133
Project Costs
£0
Party In the Park
£0
Electricity
£2,544
Insurance
£4,877
Sundry Expenditure
£2,679
KLB
£9,500
Toilets
£1,238
VAT Paid
£2,747
**Total Expenditure**
**£29,927**
**Profit/ Loss**
**£150,385**
**Capital Additions**
**£53,320**|2020/21| |---|---|---| |||Total| |||Funds| |||£8,961
£6,803
£1,305
£6,716
£249,009
£0
£18
£0
£511
£3,196| |||**£276,519**| |||| |||2020/21| |||Total| |||Funds| |||£4,200
£3,091
£0
£0
£5,099
£4,413
£679
£5,669
£778
£1,656| |||**£25,586**| |||| |||**£250,933**| |||**£142,252**
**_Page 2 of 5_**| ## **WOTTON COMMUNITY SPORTS FOUNDATION** **(Registered Charity 1121349 / Company No 0634335)** ## **Assets Summary at 31 March 2022** |||**£**|**£**| |---|---|---|---| ||**Tangible Assets**|**2021/22**|**2020/21**| ||**Cost**||| ||**At 01 April**
**£1,652,067**
**£1,509,815**||| ||Additions
£53,320
£142,252
Disposals
£0
Revaluations
£0
Transfers
£0||| ||**At 31 March**
**£1,705,387**
**£1,652,067**||| ||**Depreciation**
At 01 April 2019
£0
£0
Charge for year
£0
£0
On disposals
£0
£0
Other adjustments
£0
£0
**At 31 March**
£0
£0
**Net Book Value**||| ||**At 31 March**
**£1,705,387**
**£1,652,067**||| _**Page 3 of 5**_ ## **WOTTON COMMUNITY SPORTS FOUNDATION** **(Registered Charity 1121349 / Company No 0634335)** ## **Project Funds Summary for the period ending 31 March 2022** ||**_Sinking_**|**_Sensory_**|**_Junior FB_**|**_Adult FB_**|**_Party in_**|
**_New Barn_**|**_Total_**|| |---|---|---|---|---|---|---|---|---| ||**_Fund_**|**_Garden_**|**_Pitches_**|**_Pitches_**|**_the Park_**|
**_Centre_**|**_Funds_**|| |**Opening Balance**||||||||| |**01/04/21**|**£40,354**|**£16,413**|**£103,005**|**£0**|**£10**|
**£0**|**£159,782**|| |Funding Transfer|£32,000||||||£32,000|| |21/22 Grant & Donation||£3,702||£15,500||£100,000|£119,202|| |21/22 Interest Received|£4|£2|£7|||£2|£15|| |**Total Income**|**£32,004**|**£3,704**|**£7**|**£15,500**|**£0**|
**£100,002**|**£151,217**|| |2021/22 Project Costs||£3,110|£50,209||||£53,320|| |**Total Costs**|**£0**|**£3,110**|**£50,209**|**£0**|**£0**|
**£0**|**£53,320**|| |||||||||| |**Closing Balance**||||||||| |**31/03/22**|**£72,358**|**£17,006**|**£52,802**|**£15,500**|**£10**|
**£100,002**|**£257,679**|| _**Page 4 of 5**_ ## **– WCSF AGM Trustees Annual Report Year Ended 31/03/22** The financial year 21/22 has been a far better one than last year when activity and trading was so impacted by the C19 pandemic. Income streams have returned to normal levels allowing dividend income to be received from Sport Wotton Ltd. The impact of the agreed pitch pricing has now fed through this has increased the dividend yield from Sport Wotton Ltd significantly, allowing a large transfer to the sinking fund for the replacement of the all-weather pitches. There is still a significant shortfall, but this is a huge improvement. A pitch price review is underway for the new season starting 01/09/22, these will need to increase, but it is hoped on a lower scale than last year. It must be noted that hire costs for floodlights may increase additionally, when required, dependant on energy prices as we cannot afford to subsidise these for users. We have been very fortunate to win the Persimmon Building Futures £100k first prize. Thanks must go to Mike Marshall for entering WCSF into the competition and all those who voted for us. It is a major boost for the “New Barn Project”. Mike has continued his tenacity to chasing down funding, a further £15k boost toward the adult pitches fund and his continuing work in securing funding from Renishaw is amazing. After removing income for grants and projects form the P&L, WCSF achieved an in-year surplus of £31,182, which allowed £32k to be moved into the sinking fund. Finally, I would like to thank Barnaby Beere for his unstinting work for Sport Wotton and WCSF, he has worked so hard and supported me so well as I have tried to come to grips with all the aspects of SW and WCSF, you will be greatly missed. ## Carl Jenner Treasurer 13/06/22 _**Page 5 of 5**_ CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Se¢1*)n A kndepefident EXarniTr￿S Rep￿1 Reportto the trustee mefftbofS 01 WottoD Comrnunty Sport5 Foundab'on On accounts for the year 31n3122 Charity no lif any) 1121349 Set out On Fwge5 1 to 3 attached to thi5 report l Teport to The InJ5tee5 on my exarn1nat￿ ofthe accounts of abJ¥e char*y I'the Tru5n for the year ended 31101,2022. Rèsponsibilitie5 and A5 the charty tru5tee5 of the Tru51. you are responsible for the prePa￿￿￿ti basis ol rèport tsl the accounts in accorda￿* *ith thè requvèmefits ofthe Charties 201 I tthekn'l. I report in respeu of my ￿Minati0Th ofthe Tru5fs accounts raffled out uThOer 145 of the 2011 Act and in carryng out my e¥3minaion. I have fo1￿￿￿ed DirectQn5 by The cha￿ Cornmi55* und2r secti￿ 1451SHbl dthe Acl. Independent I Iwe comF￿ed rny ￿MInation. I (Mffirrn th3t no m*enal matter5 have examine¢5 ststement come lo my attent￿￿ loiher than that di5dosed bElow'} In connecroll th)th the examination mè eau5• to be&eve 1hat n. any Mar￿al accouthg records wpre [￿t in XCDrdance with spc*"on 130 of the Aa or The ￿COUnts dD Tr)t accorf the acoMtng rec4)wd5 I h￿e no Ca￿ern5 and have c￿e ac¥055 olhEr maiter5 in connectK vrilh Ihe 2y3minaiion lo attem￿n 5houbJ be drawn in orderto ÈnablÈ proper uhdèrstsndry olthe accounts to ￿ reachèd. . Please dEI* Ihe w*vds in the bffid(ets rflheydg not apply. KE Jolmson 01 ID&122 Narne: Kabe EIEabeth Johnson R*I￿afit yofes5ioMI qualifi¢al￿(sI or body lrfanyl.. Na Adthe55: 8 Orchard Ck)5e. Iji&￿ Thg5 Stsn* GL10 3QA Secth)n B Di5ch)511re Onty comFleie rfthe exarninr&r need5 to highligtrl m31ter5 of concern Isee CC32, ITrdeF￿￿￿rrt exaMffth￿ of¢h•my ac¢ount5. ￿￿￿00n$ and for examinef51. Nla Give ￿re b¢*f delails of any iteffls thatthe examiner wishes to disclose.