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2021-05-31-accounts

City of Sheffield Hatters Basketball Club

Trustees' Annual Report

Trustees

Betty Codona OBE Yvonne Campbell Loraine Gayle Kath Rhodes Carrie Hancock Sarah McQueen Lianna Murphy Mark Southwell

Chairperson Secretary Treasurer

Principal Address

225 The Wheel Ecclesfield Sheffield S35 9ZA

Independent Examiner

Craig Williamson White Rose Accounting for Charities The Ghyll Threapland Aspatria CA7 2EL

Bank

HSBC 660 Staniforth Road Darnall Sheffield S9 4LQ

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City of Sheffield Hatters Basketball Club

Trustees' Annual Report

The Trustees present their annual report and financial statements for the year ended 31 May 2021 which are also prepared to meet the requirements for a trustees' report and accounts for the Charities Act purposes.

The financial statements comply with the Charities Act 2011, the Constitution

and Accounting and Reporting by Charities: Statement of Recommended Practice applicab to charities preparing their accounts in accordance with the Financial Reporting Standards for Smaller Entities.

Governing Document

The Charity is operated under the rules of its constitution dated 27 March 2007. Overall management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the constitution. Day to day project activity is managed and carried out by volunteers.

Aims and Objectives

Its objectives are; "the promotion of community participation in healthy recreation in particular by the provision of facilities for playing the game of basketball."

Activities

The principal activities of the charity include;

basketball and develop a healthy and ethical lifestyle

of health and well being, develop self confidence, team working,

communication skills and leadership ability

Performance and Achievements

The club started out the 2019/20 season as usual, running the following teams and activities:

WBBL

Division 2

U18/U16/U14/U12 Junior teams

Local junior central venue leagues

School holiday basketball camps

Unfortunately all competition and leagues were suspended in March 2020 due to the Covid Pandemic when a national lockdown was initiated. Some sponsors and perennial donors were unable to fulfil their usual obligations to the club as a consequence, and as a result this had a severe financial impact on the club.

All 5 imported WBBL players had to be flown back to their home countries and the club was forced to close down. Sadly activity was unable to resume for many months due to the ongoing pandemic.

Betty Codona Club Chairman

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City of Sheffield Hatters Basketball Club

Trustees' Annual Report

The trustees responsibilities for the financial statements

The trustees are responsible for preparing financial statements for each financial period which give a clear view of the state of affairs of the charity and of the the surplus or deficit of the charity for that period. In preparing those financial statements, the trustees are required to:

q select suitable accounting policies and apply them consistently;

q make judgements and estimates that are reasonable and prudent.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the group and enable the trustees to prepare financial statements. The trustees

are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.

This report was approved by the Trustees on ______ and is signed on their behalf by:

Trustee_____

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City of Sheffield Hatters Basketball Club

Independent Examiner's report to the trustees of

City of Sheffield Hatters Basketball Club for the year ended 31 May 2021

I report on the accounts of the City of Sheffield Hatters Basketball Club for the year ended 31 May 2021 which are set out on pages 6 to 8.

Respective responsibilities of the Trustees and the examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records.

kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention

have not been met; or

Signed:______

Craig Williamson White Rose Accounting for Charities The Ghyll Threapland Aspatria CA7 2EL

Date:______

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City of Sheffield Hatters Basketball Club

Statement of assets and liabilities

as at 31 May 2021

as at 31 May 2021
Cash assets
Current account
Savings account - Restrcted Funds WBBL
Total
Liabilities
Independent examination
2021
£
13,458
17,889
31,347
2021
£
200
200
2020
£
1,313
2,694
4,007
2020
£
200
200

This report was approved by the Trustees on ______ and is signed on their behalf by:

Trustee_____

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City of Sheffield Hatters Basketball Club

Notes to the accounts

for the year ended 31 May 2021

1 Receipts and payments accounts

Because the level of income and expenditure is below £250,000, the group has opted for accounts prepared on a receipts and payments rather than an accruals basis. This is in line with Charity Commissioners guidelines for small charities and is seen as more appropriate for this project.

Grants & donations
Donations
Basketball England
Local Giving
Streetgames
Total
2021
Total
£
6,580
3,092
-
490
10,162
2020
Total
£
13,554
500
1,960
16,014

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