## **Chairman report 2021/22**
## **Teams**
An extremely successful year for the club on the field with the first X1 winning the Lincs league 2[nd] division title (for the second time in 4 years) and the Sunday team winning probably more games then we have ever done in a season. What is most pleasing is that it has been done with the youngest squad since Normanby reformed back in 2011. Apart from a handful of old timers the majority of players were under 30 with the Sunday team in particular highlighting how the hard work put in by the coaches does eventually pay dividends with the majority of games this season played with at least 6 off U13’s. Some excellent individual performances with league records broken during the season so well done to all those concerned and thanks to the captains and vice captains for organising their teams throughout the season.
## **Finance**
Another struggle to break even which the treasurer will go into more detail regarding the loss of nearly £500. As we all know costs are rising and our spend has to be carefully controlled and every possible avenue of income explored. We are desperate for individuals & groups to come forward and organise social events and bring in sponsorship/donations, so can members please have a think how you can help before you all turn up with your kit bags at the end of April. However that said a big thank you for the organisation and monies raised from two key sponsors in BRR solicitors and BG law, the 50/50 draw, the golf day and the dynamos festival. Final thank you for Malcolm for maintaining the accounts
## **Coaching/Junior programme**
We delivered a full summer coaching programme including year 6 of All stars and a successful second Dynamos program. A big thanks for all the organisation, commitment and help that is needed to run these sessions and also to the managers of the junior U13 and U15 teams. 2023 season will see us struggle for junior numbers with potentially no U11 and no U13 teams – the dynamos and all stars are absolutely key to the club future and help is needed to support these programmes.
## **Leadership/Management**
A difficult year with no Secretary for 12 months and our Safe guarding officer standing down. On a more positive note we have maintained our “club mark” accreditation though a lot of changes were required to our club rules to pass the governance section.
## **Facilities**
Our three senior members Adrian, Mark and Sam continue to keep the facilities in prime condition for which I thank them for. It enabled us to host several representative games including Lincs over 60’s for the first time who were extremely impressed with the facilities. The roles are very time consuming and particularly frustrating when you see issues resurface like the chafer grub problems that have wrecked the outfield once again. A £10k grant was obtained from the ECB for a new outdoor kitchen area in the rear garden which hosted several events last year including a wedding and hopefully many more in the future
CHAIRMAN: Paul Cowling 18/11/2022
## **Normanby Park Sport and Activity Club**
Report and Financial Statements
Year ended: 30 September 2022
Charity no: 1122534
**Haines Watts** Chartered Accountants Queensway Business Centre Dunlop Way Scunthorpe DN16 3RN
## **Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
|**Contents**|**Pages**|
|---|---|
|Legal and administrative information|1|
|Report of the trustees|2-3|
|Examiners’ Report|4|
|Statement of financial activities|5|
|Balance Sheet|6|
|Notes forming part of the financial statements|7-8|
**Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
## **LEGAL AND ADMINISTRATIVE DETAILS**
Trustees: Paul Cowling Andrew McDaid Malcom Clark Jack Cowling (appointed 25 November 2022) Declan Dunning (appointed 25 November 2022) Contact Address: 45 Flixborough Road Burton-Upon-Stather Scunthorpe DN15 9HB Examiners: Haines Watts Chartered Accountants Queensway Business Centre Dunlop Way Scunthorpe DN16 3RN
Bankers:
NatWest 119 High Street Scunthorpe
1
**Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
## **Report of the trustees for the year ended 30 September 2022**
The trustees have pleasure in presenting their annual report and financial statements of the charity.
## **Reference and administrative details of the charity, its trustees and advisers**
Reference and administrative details are shown in the schedule on page 1 of the financial statements.
## **The Trustees**
The trustees who served the charity during the year were as follows:
Paul Cowling Andrew McDaid Malcolm Clark Howard Thomas (resigned after the year end on 25 November 2022) Kevin Rowlands (resigned after the year end on 25 November 2022) Kiernan Donnelly (resigned after the year end on 25 November 2022) Jack Cowling (appointed after the year end on 25 November 2022) Declan Dunning (appointed after the year end on 25 November 2022)
## **Structure**
Normanby Park Sport and Activity Club is an unincorporated charity registered with the Charity Commission.
## **Objectives and activities**
The promotion of community participation in healthy recreation, in particular, by the support and provision of facilities for the playing and organization of multi sports and activities capable of improving health and fitness.
## **Achievements and performance**
The charity has continued to provide the community with facilities in order to participate in healthy recreational activities during the period.
## **Financial review**
The charity is in a satisfactory financial position with sufficient funds to continue operations.
## **Plans for future periods**
The charity will continue with its charitable objectives.
2
**Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
## **Report of the trustees for the year ended 30 September 2022 (continued)**
## **Trustees’ Responsibilities**
The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles in the Charities SORP;
- Make judgments and estimates that are reasonable and prudent;
- State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Independent Examiners**
Haines Watts, Chartered Accountants were reappointed as independent examiners.
This report was approved by the Trustees on 8[th] May 2023, and signed on their behalf by:
M Clark (Trustee) Treasurer
3
**Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
**Independent Examiner's Report to the Trustees of the Normanby Park Sport and Activity Club**
I report to the trustees on the accounts of the charity for the year ended 30 September 2022 which are set out on pages 5 to 9.
## **Responsibilities and basis of report**
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:
- examine the accounts under section 145 of the 2011 Act;
- follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- state whether particular matters have come to my attention.
## **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**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. to keep accounting records in accordance with section 130 of the 2011 Act; or
2. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act; 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.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
_Mark Stothard_
_FCA_
_Haines Watts, Chartered Accountants_
_Date: 8[th] May 2023_
4
**Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
## **Statement of Financial Activities for the year ended 30 September 2022**
||**Unrestricted**|**Restricted**|**Endowment**
**Total**|**Endowment**
**Total**|
**Total**|
|---|---|---|---|---|---|
|**Notes**|**Funds**|**Funds**|**Funds**|
**2022**|
**2021**|
||**£**|**£**|**£**|**£**|**£**|
|**Incoming Resources**||||||
|Incoming resources from charitable activities:||||||
|Rental income, subscriptions & donations|15,916|-|-|15,916|9,592|
|
Grants received|6,281|5,272|-|11,553|29,049|
||-------------|----------|------|-------------|-----------|
|**Total incoming resources**|22,197|5,272|-|27,469|38,641|
||-------------|----------|------|-------------|----------|
|**Resources expended**||||||
|Charitable activities|(25,230)|-|-|(25,230)|(43,578)|
|Depreciation|(569)|(9,787)|-|(10,356)|(10,003)|
|Governance costs|(450)||-|(450)|(450)|
||-------------|---------|------|-------------|-----------|
|**Total resources expended**|(26,249)|(9,787)|-|(36,036)|(54,031)|
||-------------|---------|------|-------------|-----------|
|**Net incoming resources / (resources expended)**|**(4,052)**|**(4,515)**|**-**|**(8,567)**|**(15,390)**|
All of the above results are derived from continuing activities. All gains and losses recognised in the year are included above.
5
**Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
## **Charity Balance Sheet as at 30 September 2022**
|||**2022**|**2021**|
|---|---|---|---|
||**Notes**|**£**|**£**|
|**Fixed assets**||||
|Tangible assets|2|225,001|230,085|
|||-------------|-------------|
|||225,001|230,085|
|**Current assets**||||
|Stocks||-|-|
|Debtors||-|-|
|Cash at bank and in hand||15,074|18,557|
|||-------------|-------------|
|||15,074|18,557|
|**Creditors: amounts falling due within one year**||(450)|(450)|
|||-------------|-------------|
|**Net current assets**||14,624|18,107|
|||-------------|-------------|
|**Total assets less current liabilities**||239,625|248,192|
|**Creditors: amounts falling due after more than**||||
|**one year**||**-**|-|
|**Net assets**||239,625|248,192|
|||=======|=======|
|**Funds:**||||
|**Unrestricted funds**||||
|General funds||18,905|22,957|
|Designated funds||**-**|-|
|||-------------|-------------|
|||18,905|22,957|
|**Restricted funds**||220,720|225,235|
|||-------------|-------------|
|**Total funds**||239,625|248,192|
|||=======|=======|
The financial statements on pages 5 to 9 were approved and authorised for issue by the trustees and signed on their behalf by:
M Clark, Trustee
Dated: 8[th] May 2023
6
**Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
## **Notes forming part of the financial statements for the year ended 30 September 2022**
## **1 Accounting policies**
## (a) **Basis of preparation**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value.
## (b) **Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Endowment funds represent those assets which must be held permanently by the charity, principally investments. Income arising on the endowment funds can be used in accordance with the objects of the charity and is included as unrestricted income. Any capital gains or losses arising on the investments form part of the fund. Investment management charges and legal advice relating to the fund are charged against the fund.
Investment income and gains are allocated to the appropriate fund.
## (c)
## **Incoming resources**
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received.
Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the charity where this can be quantified and a third party is bearing the cost. No amounts are included in the financial statements for services donated by volunteers.
7
## **Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
## (d) **Resources expended**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.
## (e) **Tangible fixed assets and depreciation**
Tangible fixed assets are capitalised and included at cost including any incidental expenses of acquisition.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows:
Leasehold buildings over 50 years Equipment over 10 years
## **2 Tangible fixed assets**
||**Equipment**|**Leasehold**||
|---|---|---|---|
|||**buildings**|**Total**|
||**£**|**£**|**£**|
|**Cost**||||
|At 1 October 2021|56,337|218,469|274,806|
|Additions|5,272|-|-|
|Disposals|-|-|-|
||--------------|-------------|-------------|
|**At 30 September 2022**|**61,609**|**218,469**|**280,078**|
||=======|=======|=======|
|**Depreciation**||||
|At 1 October 2021|25,350|19,371|44,721|
|Charge for year|5,986|4,370|10,356|
|Disposals|-|-|-|
||------------|-------------|-------------|
|**At 30 September 2022**|31,336|23,741|55,077|
||=======|=======|=======|
|**Net book value**||||
|**At 30 September 2022**|**30,273**|**194,728**|**225,001**|
||**=======**|**=======**|**=======**|
|At 30 September 2021|30,987|199,098|230,085|
||=======|=======|=======|
8
**Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
## **3 Comparative for the statement of financial activities**
||**Unrestricted**|**Restricted**|**Endowment**
**Total**|**Endowment**
**Total**|
|---|---|---|---|---|
|**Notes**|**Funds**|**Funds**|**Funds**|
**Funds**|
||**£**|**£**|**£**|**£**|
|**Incoming Resources**|||||
|Incoming resources from charitable activities:|||||
|Rental income, subscriptions & donations|9,592|-|-|9,592|
|
Grants received|29,049|-|-|29,049|
||-------------|----------|------|-------------|
|**Total incoming resources**|38,641|-|-|38,641|
||-------------|----------|------|-------------|
|**Resources expended**|||||
|Charitable activities|(43,578)|-|-|(43,578)|
|Depreciation|(569)|(9,434)|-|(10,003)|
|Governance costs|(450)|-|-|(450)|
||-------------|---------|------|-------------|
|**Total resources expended**|(44,597)|(9,434)|-|(54,031)|
||-------------|---------|------|-------------|
|**Net incoming resources / (resources expended)**|**(5,956)**|**(9,434)**|**-**|**(15,390)**|
9
## **Normanby Park Sport and Activity Club**
Report and Financial Statements
Year ended: 30 September 2022
Charity no: 1122534
**Haines Watts** Chartered Accountants Queensway Business Centre Dunlop Way Scunthorpe DN16 3RN
## **Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
|**Contents**|**Pages**|
|---|---|
|Legal and administrative information|1|
|Report of the trustees|2-3|
|Examiners’ Report|4|
|Statement of financial activities|5|
|Balance Sheet|6|
|Notes forming part of the financial statements|7-8|
**Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
## **LEGAL AND ADMINISTRATIVE DETAILS**
Trustees: Paul Cowling Andrew McDaid Malcom Clark Jack Cowling (appointed 25 November 2022) Declan Dunning (appointed 25 November 2022) Contact Address: 45 Flixborough Road Burton-Upon-Stather Scunthorpe DN15 9HB Examiners: Haines Watts Chartered Accountants Queensway Business Centre Dunlop Way Scunthorpe DN16 3RN
Bankers:
NatWest 119 High Street Scunthorpe
1
**Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
## **Report of the trustees for the year ended 30 September 2022**
The trustees have pleasure in presenting their annual report and financial statements of the charity.
## **Reference and administrative details of the charity, its trustees and advisers**
Reference and administrative details are shown in the schedule on page 1 of the financial statements.
## **The Trustees**
The trustees who served the charity during the year were as follows:
Paul Cowling Andrew McDaid Malcolm Clark Howard Thomas (resigned after the year end on 25 November 2022) Kevin Rowlands (resigned after the year end on 25 November 2022) Kiernan Donnelly (resigned after the year end on 25 November 2022) Jack Cowling (appointed after the year end on 25 November 2022) Declan Dunning (appointed after the year end on 25 November 2022)
## **Structure**
Normanby Park Sport and Activity Club is an unincorporated charity registered with the Charity Commission.
## **Objectives and activities**
The promotion of community participation in healthy recreation, in particular, by the support and provision of facilities for the playing and organization of multi sports and activities capable of improving health and fitness.
## **Achievements and performance**
The charity has continued to provide the community with facilities in order to participate in healthy recreational activities during the period.
## **Financial review**
The charity is in a satisfactory financial position with sufficient funds to continue operations.
## **Plans for future periods**
The charity will continue with its charitable objectives.
2
**Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
## **Report of the trustees for the year ended 30 September 2022 (continued)**
## **Trustees’ Responsibilities**
The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles in the Charities SORP;
- Make judgments and estimates that are reasonable and prudent;
- State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Independent Examiners**
Haines Watts, Chartered Accountants were reappointed as independent examiners.
This report was approved by the Trustees on 8[th] May 2023, and signed on their behalf by:
M Clark (Trustee) Treasurer
3
**Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
**Independent Examiner's Report to the Trustees of the Normanby Park Sport and Activity Club**
I report to the trustees on the accounts of the charity for the year ended 30 September 2022 which are set out on pages 5 to 9.
## **Responsibilities and basis of report**
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:
- examine the accounts under section 145 of the 2011 Act;
- follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- state whether particular matters have come to my attention.
## **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**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. to keep accounting records in accordance with section 130 of the 2011 Act; or
2. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act; 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.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
_Mark Stothard_
_FCA_
_Haines Watts, Chartered Accountants_
_Date: 8[th] May 2023_
4
**Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
## **Statement of Financial Activities for the year ended 30 September 2022**
||**Unrestricted**|**Restricted**|**Endowment**
**Total**|**Endowment**
**Total**|
**Total**|
|---|---|---|---|---|---|
|**Notes**|**Funds**|**Funds**|**Funds**|
**2022**|
**2021**|
||**£**|**£**|**£**|**£**|**£**|
|**Incoming Resources**||||||
|Incoming resources from charitable activities:||||||
|Rental income, subscriptions & donations|15,916|-|-|15,916|9,592|
|
Grants received|6,281|5,272|-|11,553|29,049|
||-------------|----------|------|-------------|-----------|
|**Total incoming resources**|22,197|5,272|-|27,469|38,641|
||-------------|----------|------|-------------|----------|
|**Resources expended**||||||
|Charitable activities|(25,230)|-|-|(25,230)|(43,578)|
|Depreciation|(569)|(9,787)|-|(10,356)|(10,003)|
|Governance costs|(450)||-|(450)|(450)|
||-------------|---------|------|-------------|-----------|
|**Total resources expended**|(26,249)|(9,787)|-|(36,036)|(54,031)|
||-------------|---------|------|-------------|-----------|
|**Net incoming resources / (resources expended)**|**(4,052)**|**(4,515)**|**-**|**(8,567)**|**(15,390)**|
All of the above results are derived from continuing activities. All gains and losses recognised in the year are included above.
5
**Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
## **Charity Balance Sheet as at 30 September 2022**
|||**2022**|**2021**|
|---|---|---|---|
||**Notes**|**£**|**£**|
|**Fixed assets**||||
|Tangible assets|2|225,001|230,085|
|||-------------|-------------|
|||225,001|230,085|
|**Current assets**||||
|Stocks||-|-|
|Debtors||-|-|
|Cash at bank and in hand||15,074|18,557|
|||-------------|-------------|
|||15,074|18,557|
|**Creditors: amounts falling due within one year**||(450)|(450)|
|||-------------|-------------|
|**Net current assets**||14,624|18,107|
|||-------------|-------------|
|**Total assets less current liabilities**||239,625|248,192|
|**Creditors: amounts falling due after more than**||||
|**one year**||**-**|-|
|**Net assets**||239,625|248,192|
|||=======|=======|
|**Funds:**||||
|**Unrestricted funds**||||
|General funds||18,905|22,957|
|Designated funds||**-**|-|
|||-------------|-------------|
|||18,905|22,957|
|**Restricted funds**||220,720|225,235|
|||-------------|-------------|
|**Total funds**||239,625|248,192|
|||=======|=======|
The financial statements on pages 5 to 9 were approved and authorised for issue by the trustees and signed on their behalf by:
M Clark, Trustee
Dated: 8[th] May 2023
6
**Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
## **Notes forming part of the financial statements for the year ended 30 September 2022**
## **1 Accounting policies**
## (a) **Basis of preparation**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value.
## (b) **Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Endowment funds represent those assets which must be held permanently by the charity, principally investments. Income arising on the endowment funds can be used in accordance with the objects of the charity and is included as unrestricted income. Any capital gains or losses arising on the investments form part of the fund. Investment management charges and legal advice relating to the fund are charged against the fund.
Investment income and gains are allocated to the appropriate fund.
## (c)
## **Incoming resources**
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received.
Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the charity where this can be quantified and a third party is bearing the cost. No amounts are included in the financial statements for services donated by volunteers.
7
## **Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
## (d) **Resources expended**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.
## (e) **Tangible fixed assets and depreciation**
Tangible fixed assets are capitalised and included at cost including any incidental expenses of acquisition.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows:
Leasehold buildings over 50 years Equipment over 10 years
## **2 Tangible fixed assets**
||**Equipment**|**Leasehold**||
|---|---|---|---|
|||**buildings**|**Total**|
||**£**|**£**|**£**|
|**Cost**||||
|At 1 October 2021|56,337|218,469|274,806|
|Additions|5,272|-|-|
|Disposals|-|-|-|
||--------------|-------------|-------------|
|**At 30 September 2022**|**61,609**|**218,469**|**280,078**|
||=======|=======|=======|
|**Depreciation**||||
|At 1 October 2021|25,350|19,371|44,721|
|Charge for year|5,986|4,370|10,356|
|Disposals|-|-|-|
||------------|-------------|-------------|
|**At 30 September 2022**|31,336|23,741|55,077|
||=======|=======|=======|
|**Net book value**||||
|**At 30 September 2022**|**30,273**|**194,728**|**225,001**|
||**=======**|**=======**|**=======**|
|At 30 September 2021|30,987|199,098|230,085|
||=======|=======|=======|
8
**Normanby Park Sport and Activity Club YEAR ENDED 30 SEPTEMBER 2022**
## **3 Comparative for the statement of financial activities**
||**Unrestricted**|**Restricted**|**Endowment**
**Total**|**Endowment**
**Total**|
|---|---|---|---|---|
|**Notes**|**Funds**|**Funds**|**Funds**|
**Funds**|
||**£**|**£**|**£**|**£**|
|**Incoming Resources**|||||
|Incoming resources from charitable activities:|||||
|Rental income, subscriptions & donations|9,592|-|-|9,592|
|
Grants received|29,049|-|-|29,049|
||-------------|----------|------|-------------|
|**Total incoming resources**|38,641|-|-|38,641|
||-------------|----------|------|-------------|
|**Resources expended**|||||
|Charitable activities|(43,578)|-|-|(43,578)|
|Depreciation|(569)|(9,434)|-|(10,003)|
|Governance costs|(450)|-|-|(450)|
||-------------|---------|------|-------------|
|**Total resources expended**|(44,597)|(9,434)|-|(54,031)|
||-------------|---------|------|-------------|
|**Net incoming resources / (resources expended)**|**(5,956)**|**(9,434)**|**-**|**(15,390)**|
9