HWHC LIMITED TRUSTEES. REPORT AND UNAUDITED ACCOUNTS 30 APRIL 2022 Rogistered Company: 06893067 Registsred Charity: 1129592 *A8DIVFOK• 2PJ09r2022 COMPANIES HOUSE
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HWHC LIMrrED REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022 CONTENTS Pa Referen and Administratave D8lails Trustees, rept Independent exominerfs rewl Stat•mont of finanoal adivities Balance Sheèt 10 Statement of Cash Ilcv 11 Notes to the finanoal stateMts 12-16 Detailed Statement of Finanaal Ac*ivibes 17-18
HWHC LIMITED REFERENCE AND ADMINISTRATIVE DETAILS Company wistration number CW93C Charity registration numter 11295¥2 Other n•ne clrity known by Hampstead & Weslminster Ho(ey Clubllhe'thb.) The Board ofTruslees Mr G O Rain Mr R J Sykos Miss S L Gelling Mr KA Murphy Mr R A ja5 Pr1r1pal at*Jress R•sen¥oir Cottago Mount Vivw Rogd London. N4 4SP Bankers Uoyds Bank Great POand Street Lmd Independent examiner Mtyi Asso¢rate5 6 Swngfield Road GrOOmdge Tunbridgg INdls. TN3 9RE
HWHC LIMITED TRUSTEES, REPORT FOR THE YEAR ENDED 30 APRIL 2022 Structuro, Govemance and Management The organisation is a charitatAe company Innited by guarantee. irthrporated on 30 April 2009 and regTslered as a charity on 13 May 2009. The c4)mpany ¥ras esta11She¢j under a Mewrfxandum of AssorAalion whith eslablished the objects and powers of the tharitabb o)mpany and is govemed under ils Arts'des of Assoe4ation. In the event ofthe company boing wound up members ¥e requir¢d to contribut8 an amount ex¢eeding £10. The diorS of the LX)mpany are 81$) canty Injstees for th8 Kxffposes of tharity I. The caub is cntrOlled by Board of Directors, who are re4le¢i¢d annualty at the AGM and whith d¢l¢gatg day-to4lay operabons to management committee. Objectives and actlvitles The o'e(Aive of ¢arity is the Kyomotion of Lx)mmurnty P8rb"opabon in falthy reueatn by the prowsion of facilities lor tho playin9 of fwk•y. This indje$.. Fxilitating rtipa'on in hoc6y at all levels and ages Lwjth sexes. arwj encouraging aTrJ dèveloping a high physical ar m¢xal starthrd in FAayer5' Encouraging and devdoping I[eY in Lond. Providing Irainir¥J opportunib.es lof instrucb.on of aYIng hcthy, eoath'ng and Lmnpiring IKey., and Cwperating vAh England Hockey in prowsion of FAaytng and other facilities for the gam. Hampstead and Westminster Hocey Club was sel up more than 1Q) years ago in 1894 sir£ then has 851ablished itself as a signifKaM hockey Presen in ntral LcrfNlon. reguhqrfy fuming 19 adult teams each week encompassiNJ all levels of ability {national league to local and regional leagu0$1 and induding three veterans teams. One of the main day lo day athvitl8s of If dub 1$ to supwt ar•J note this vride divwsty of hockey involvement and balancing th8 needs of all the teams. The dub seeks on the one hand to SUPFQrt the highest athng teams, and by d(Mng so lo attract the best coathes and playefs. allowng their skJ"Ils and expenerte to be of benefit lo tr rest of the ar#J the work yourE players from the wider (rjmmunity. At the same trne. players aTra c¢athes atta(efJ lo dub run hockey s&sOn$ for young or nawly interesle(I players from Ihe I[ a8 to ty >Jt and davelop their hockey interest in an infornal way. The dub plays most of its htxkey on the Ic1 authority ovmed ¥trf"8I pitches at Paddington Recreation Ground. for ith il pays rent to Westminster Councgl. The club has a vested interest lo work the l¢xal authority lo ensure that the faolrties provided are fit wrpose. 9) that not cfflly the memters of the dub Ixrt also the wd¢r local community users benefit. The dub works th Weskninstsr CnCIlI0 cainsid¢r ways in it ean promote these 8sXivies, for Instan with linknng with local S1& On a c¢ntsnual basis, the dub 8ncourago$ its own members lo parb¢ipate in coathing aThJ piring. th& dub funds players for a¢ing qualffic8ts.ons and umpiring qualificab.ons as appropriate. The club actively work5 With Engkgnd Hc¥ey lo seek out opp)rtwikn'es and ways in which il can promote tha game of hockey and further EngL4nd HkeyS naticfftal objeth.ves in the traI London area. Achiev•m•nts and PerfoTmance The dub goes from sirenglh to Stron both on and off the fieha. Followffj the success of our Mens 1 s first foray into European hockey comFelition in 2021 they wwe able to rolum in the 21r22 seas, again wfom)ing well although not able lo qualify for the final knoc out stages at E05ter 2022. The Lie$ 1s ewalthed for Europe for the first time following their second place finish in the Premier Leawe t• sng th* dub wil again b8 represented in iniemalional mmpetitson this criming seasw.
HWHC LIMITED TRUSTEES. REPORT FOR THE YEAR ENDED 30 APRIL 2022 Intemalional success was also experienced by a numtr of dub players. from representing ong of the home countries as well as South Africa in the Pro Leag. European chFH0nshlps aj the Comm¢)nweallh Games alongside players al Wdnous age groups. playing intemab.onal Masters hockey for the fKxne nations the 040s up lo and induding the 070s. The charity has continued to monitor perfCeS against its objeth.ves this year lo provide wide-r8rtrJ4ng opportunikn.es for the partic1pati in h¢xkey both full-time dub mbèr5, ¢X£aonal players. and for an increasing number of young people fr the local o)mmunty. Hmver. the main fc$ has of n8cessty been to ensure th thè finanaal se¢urily and Ihe se¢)Jrity of hockey flItieS of the ) sJth that hockny wovision and will rnntinue to provide opportunities for all age groups aThJ abilib"es. The dub successfijlly ran 19 adutt teams and 28 junior teams in 2021r22, which covwed all playing abilrties. It is anticipated Ihat %milar levels of hockey pro¥ision vill continue as the 22r23 sen 0)mmen$ frtyn Septemb 2022. Both the Mens and Ladies teams continue to meet thr pthnTrance tanjets henc enabliro the dub io ntinue lo improve itsjunior hockey offenng throu the of fmgh qualty o)athing by the p&Yornance g]uad memters. Memb8rship and Partlclpation We have approxrmately 4W paying a11 dub memters., of 55 are slud8nts ¢x po0 not rrolY in employment and up to 30 players have a regukqr Wue nJrF(MJt cn behaff of the Supervets and Grand masters. Members pay gjbsrytions via the th'red debrt systems to streanline and %mplfy Ihe process for all parbes, in order to ensure that we remain as affofdable as p)ssible. now offer subsuption payments monthty dirècl debits spread over 6 rnthS to our menkners. Our WTdef dub netsvcfk ig exiensivg, and thg reath of our nletter5 gK) out to 1C(JO+ v#hth comprises a mix of our members, alumni and pareS of junior 0Yers. Our rec¥uitsnent over the last couple of Yea has been so SuSsful that the core section of the dub was filled to rar capaaty wth great susS in atlraL#irYJ new members who have newly moved to Lon¢S)n from other countries. There is room fof grcAth wthin the teams ol play1ng members and we are acvely retyuiling new membws to the o)re dub to strengthen team numbers I'ng tho ts)mpeb'ts've seawn. We conts.nue to promote Veter hockey wth an aim of retaining existing members and reryuiting members sh lo o)ntinue playing hockey wth peOe of Itir own age groups. We ojrrenljy njn rn)5 veterans {over 40's) and 'supe¢ veterans {over 50.51 teams and a 'Grand Masters, lewn for the over 60's in the London League. In addition. the women's veterans team have a squad of e$ting members aThJ histcfjcal tyayers vtho have been attracted bad( to th8 dub to for occasional sorial and Engld Hodtey ojp ganes. We ¥6 also nJmiNJ mixed teams that are LYJmpets"ng in the England Hctey cOMts11c. Junior Develowient Hl4WHC Jun membership is c¥ppod at 6(Kl players frc¥n age 5 to 18. otx main constraint being access to Jitable hockey faalilies. We have a waitsng list of arwrvj 20) juniors. demonrating the level of demand fcf junior hockey al all age groLVS. 49 players from U12 - U18 gained county r8cs)Jnition. seven Oayers vftre selecled for Perfonnance Cenlres and one for England. The playing perfornance highlight were the U16 boys VhJ gained promots.on lo Tier 1 and were runners up in the Tier 2 natsonal Jp. The dub proded five teams in London Ycwth Gam&s. oflhwn reathing th8 finals. Club rfornianc8. The dub embraced rern ¢* a full seag)n in 2021r22 and nts"nUed sUS 8t the lop end of the dub.
HWHC LIMITED TRUSTEES, REPORT FOR THE YEAR ENDED 30 APRIL 2022 The Ladies 1st Xl finished secmd in Premier Divis ofthe National League. th8 top diviOn in dub hockey in England and their best evgr PerfOanCe whith resulted in them walifyirKJ for EUpean CMpetitiOn in 2022r23 for th• first liiio. The Ladies 2$ finished mid lable in the National League conferen th'vi&on. The Mens 1st Xl erM1ed 4th in the league, other L¥edItab F)nance alth¢gh noi enabling to qualify for Europe. They did however compete in the EuroHcKkey league in Arrtwerp in O¢ber 2021 then subsequenlly in Barcelona in April 2022 as a result of their performances in the prior yeafs, where Ihey narrOY lost at both events to Mannheimer before wintng Ihwr subsequent rnatthes a3ainsl a mixturg of Irish, and East European &des. The Mens 2$ h•Y a gd first season in the National Lèag division. Trhthere after a slow start tlw ended up mid table. The Intinued suoxs of trf)th seclions of Ihe dub was highlighted ty Ihe numbor of play•ts W¢fe sèlected to be part of the Commonweanh Games in 8irningh8m in JulylAugust 2022. ArcNJnd 15 players from the dub partiopated . with Holly Hunt, Gra Balsdon and Lily inning gold m¢ds playirwJ for EngL•nd Women and Wll Calnan winning bronze for England Men. The rest of the adult play wthin lh8 orea of Er#Jland Hockey. We had fve Ladies Sides all of whom retained their pjsitions in their respecaive leagues, with one highligrrt being th& intewtion of 15 juniors into thg Ladies sidgs. There were nine Mens teams. sx in the adult leagues and three in th8 Masters I V8tffans sects"ons. The Zak Honds were promoted thoUgh ended up replaL?ng tl Mens 3s lon9 IM"r relegation. Again. th8 Men were able to integrate a number of juniors through the use of a o)lts team wfre a number of adult rnembers played alSide the juniors. Future develownents: A$ the 2022123 s¢as¢n approa¢he$ thg dub o)nlinu¢s to f¢$ on tho red to havo loroer temi seamity over its facilities. Westminster Ctrjnai ojntinue to supwt the dub aThJ we are fortunate to have use of a newly laid water- based pitch at Paddington Recrnation Ground in Mada Vale. UCS 1$ an imF¥)rtant second iilch that 15 used regulafty for dub matches, junior sessions and dub training. We have also agreed to SUPFrtxt Mill Hill scool develop a junior programme njn by HWHC and in relum we will have the a)ility to use the t4WJ tY at the Scho whi gives us more rtaInty over faalikn.es that we Can use. Last y8ar we reported that we were (Th of a wup of dubs that we wwe in the pyocess of gaining amurtation from England Hoca(ey lo become a Junior Talent Centre. We are delighted lo conffim thal Y have compleled our Year 1 accreditation such that we are rrf)w recowised as an Er¥Jld Hockey Talent Centre for 2022. In addrtion we are one cl a small numtws of dth ar0d the untry lo have been 4)wnted as a Junior Talent Academy for the cerrtral ar¥J north London area fiich is aimed at deveng high perfomancg players in tho 15-18 age group. A small numtr of players, 2S boys and 25 girts, wll be sdected and receive hw quality focused training. some of whom will hopefvlly rewesent Ihe Club at the SerOr leNpls in fUrfr. Financial Revi•w. ReseNes are needed to bndge the gap befvfftn sporKliro and ro1n9 of Trsouros and lo cover Lnplanned emergen(ies and replacement of dub wl¢es and I801"es. The finanoal strategy of the club is to.. Ensure that the athslt dub is largely seif4undiNJ thrw bsepts"OnS malctt fees To provide junior hockey that is afford*le for all. induding prowding scholarships or angal gJpp)rt re needed, wPiilsl o)ntrilyJting towards the oNprall njnning 51S of the dub Encourage top intgmational arKI tr)mestic IeY players into Ihe dth, wowding finanaal 5UPPQrt vhwe needed in recognrtion of the o)st of INing in crf near to Central Lortd.
HWHC UMITED TRUSTEES. REPORT FOR THE YEAR ENDED 30 APRIL 2022 To rnise funding from donations aThJ sirnilar methanisms to cover the significant costs arising from both the Mens and Ladies dub playiro at the highest level of domesiic hockey as well as withNI Ewope. thebY ensuring that these costs do not fall onto the adult club sedKJn And to ensure that those playets Trn Ceipt of support from the club cOntrie bac to the in fdrious means, especially through PrOJg (x)aching to the junTh sedion as well as Some aduft training The financial posilion ofthe dub reMaS a calleTrJe. given the sJnrfKant dependency on donat)nS from a lImed number of people who have been wiilNYJ to ensure that the aMbrtns ofthe dub in seekiTr3 to be one ofthe top dubs in the untry are not ovety constrain&J by a lack of fvndiNJ. Such dependency does not wovtde any long-tenn SeoJrY offinance and as a resutt the c4ub has recenty annourtc&J the launch of the 1894 Club, designed to broaden the number of peOe who are willing to wovmle regular fuThJwvJ to the club. Early indThttons suggest that theTr is a willingness amDrwJst the rnembeTr. alurnni. parents of Junio end ottr supporter3 ofthe chjb to pro4ThJe such fundiNJ- we are immensety apwecaati of those who ha¥e alJY srjned up. The results ofthe periryj are set out on page 9 of the ffinan(¥al stateThnts attacjjed lo this re&hl. The dub has made a loss of£23.020 (2021.. k)ss 01 £2.497) for1he year whiL reduLd the existiNJ SU5 within the reserves to £8,999 (2021.. £32.019) to carrd forwa at 30 Aw'l 2022. Tru51ees' responsibilities: The trustees (who a atso dire(ors of HV¥WC Limled fty the purFQ5e5 of cornpany law) responsible for pTrparirwJ the Trustees. ReFort and the financial staternents in acc¥>rdance apwble law and regulations. Company Law requires the trustees to prepare financial statements for each fift(al year. Under Company Law the trustee5 musl not approve the financial stateffEnts unless they are Satsfd that they give a true ar fair view ofthe state of affairs of the charity and of the incomNig resources arm1 apt&10n of resources. induding the income and expenditure, of the chaiity for Ihat peri(MJ. In wepariThJ these financial s&tsments. the trustees are required lo: seletx suitable aco)unting polic4es and then apply them c4)nsisienty: observe the methods and princples in the Charibes SORP: make judgments and estimates that are reasonable arx1 prnt. stale whether applicable UK Accounting SlaThaanls ha been followed: and prepare the fnan(aal statements on the going con¢em basis unless it 15 inapprwiate to pre5urne that the charitable cornpany will continue in twsiness. The trustees are fesponsibts for keeping alewate accountiThJ records that are sufficient to show and explain th8 charity's transactions and disclose with reasona¢ accuracy at any lime the financial posiiion of the charity and enable them lo ensure that the financ481 stalen*nts conwy with the Companies Acl 2006. They are also fesponsible for safeguatding the assets ofthe charity and hence trtsking reasonable steps for the weventb)n and detedion of fraud and other irregulwities. Signed on behalf f Ihe l)oarrl ykes Trustee 7 September 2022
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HWHC LIMITED I report lo the charity trustees on my examination of the aC£(lS of Hc Limite(I for the year ended 30 April 2022 which comFxise the Statement of Financial A(vitye$, the SUMM Irorne and Expendire AccounL the Balance Sheet, the Stalemenl of Cash Flcws and the rdated notes. RMponslbllltl•s and b•sls of r•port As the tnJste8s of the thaTity {and also ils dire¢oTs for the Fxffposes of cx)mpany l&¥) you r8spon$ible for the preparation of the accounts in acCrdan with the requirements c¢ the Ccmpanies Aca 20C8 Clhe 2006 Adl. Having sabsfied myself that the accounts of the charity are rt required to be audited Part 16 of the 20C Act and a ellglbl8 lor Independent examinatson. I report in respe( of my examination of your charivs accounts as cwried out urxler sed'on 145 of the Charities Aci 2011 Iyhe 2011 Acl. In carying out my examinats'on I have followed the Direcons gvan ty the Charbty Cwimiswi under seth.on 145(5Xbl of the 2011 ACL Ind•p•nd•n¢ •xamln•fs stat•m•nt As the chantys gross Irme exceeded £250.OCKJ your examirnr musl be a member of a body listed in section 145 of the 2011 Act. I C3)nfim that l am qualrfied to utNJertake the eXaMinatic because l am a member of Institute of Chartered ACUrrtants in England aThJ Waes. I have completed my examinatiM. I can that rn material matters haN oJn¢ io my aitention in nneclion with the ex1n8.0n me &se to bdieve that accountsng records werg fKIt kept in awdanc seclion ot the 2(Kfj Act ". or th8 acmunts do not ard those r¢oJrds', or th8 Counts do not comply with the accounting requiromèr)ts under seth.on 3% of the 2CQ6 Act other than any requirement that the accounts give a'l aTrJ fa viww wfMct 1$ not a matter considered as part of an independent examinalicfi", LY th8 aclxunts have not been prepared in accordance with Ihe Charities SORP (FRS 1021. I have no concems and have Cne acfoss no other matters in cJ)nwon with thè examin8tion lo which attenti1 Should be draw in this report fft order to enable a propw Undèrstandi of the a(Mjnts lo be reached. Matthew Lawson ACA 7 September 2¢Y22 Magi Associates 6 Springfield R¢)•J Groombridge Tunbridge Wells, TN3 9RE
HWHC LIMrrED STATEMENT OF FINANCIAL ACTIVITIES (Incofj>oratlng an kncome and Expendlture Accowrt) FOR THE YEAR ENDED 30 APRIL 2022 Re*rfcted Funds 2022 Total Funds 2022 Tolal Funds 2021 Funds 2022 Note INCOME Income frcxn.. Donab'ons and lega¢ies Charitable activities Other trading activilies 91.317 441,685 16.379 91,317 441.686 16,379 40,638 216.881 4.781 TOTAL INCOME 549.381 549,381 262.300 EXPENOITURE Expenditure c". Charitsble artiva8 Other $69,677 11724 669.677 12.724 254.410 10.387 TOTAL EXPENDITURE 572.401 572,401 264.797 Net M0m•D¢ In fund¥ 123,020) 123.020) (2,497) Balances broh1 f(Thiard 19.394 11625 32,019 34,516 Transfer Balances carrled fornard (3,626) 11625 8.999 32,019
HWHC LIMITED Registered Company Thjmber 06893067 BALANCE SHEET AS AT 30 APRIL 2022 2022 2021 NON4URRENT ASSETS Tangible red assets CURRENT ASSETS Debtors Cash at bank and in ha 11.861 58370 9,957 91,708 ni,131 101,665 Credttots: amounts falling due within one year NET CURRENT ETs 10 (61.1321 (69,646) 8,999 3ZO19 NET ASSETS 8.999 32,019 FUNDS Restricted funds 11 11625 12,625 Unrestricted funds General lund 11 13.626) 19,394 {3,626} 19.394 8.999 32,019 These aCUnIS have been prepared in aCCoance with the spe(?al proNisions of Part 15 of the Companies Act 20( relating lo small companTes. For the year ended 30 April 2022 the cx>mpany was entiued to exetyion urthrseaion 4T1 ofthe Comp8nies Act 2006 relating to srnall corrpanies. The Mernbe have nol qUIrj Ihe cornpany to obtain an audil a(x(Kdance wilh se(Xion 476 ofthe Conynies Act 2(. The d[¢t0 acknowledge their responsibilities for complying with the rquKements ofthe Companies Act 2006 with respetx lo accountr reca)rd5 and the pTrparati(Jn of a¢¢ounts. Approvthl by the board on 7 Seoember2022 And signed on ts behalf RJ. SYKES. Trustee 7 September 2022 io
HWHC LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 APRIL 2022 2022 2021 Cah flowB from operatlng actlvltles Net (expendltur•ylncom¢ per Ststem•rt (rf Flnffi¢i•l AthAi¢s (23.0201 (2.497) AdJu$¢mnts ft>r. Depreciation of proFerty. planl and equipment Oe¢xeaselllnceasel in tradè and otrr re1Vable5 Inuease in trade and other payables 1.824 4, T55 25,306 {1.9041 {8,5141 Net cash provlded by owrallrvJ actfvltS 133,4381 29.388 Net Cash from Invmllng acllvltles Net cash from financlng actlvitks Net Increa In calh arnl cash equlvalents {33,438) 29.388 Cash and ¢ash ¢qulval•nts at the btylnnlng of th• y¢•r 91.708 62.3 Cash and ca8h equt¥alents at the end of the year 58.270 91.708 Compomnts of cash and ush equlvalents Cash and bank balances $8,270 91.708 58.270 91.708 li
HWHC LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022 ACCOUNTING POUCIES 1.1 UtOry Inforniati¢)n HWHC Limited is a clritable Company limit&1 by guarantee arKI is inrp(a1ed in EnglaTrJ and Wales. The rngistered offic• address and wnLipal pLqce of bneSS is Resetboir Cottag•. Mounl View Road, London. N4 4SP. 12 Ba81s of accountlng and proparatlon These financial ststents have been prepared undw tts histon(a cost (x)nvention and in accordanc4 Yth the Finanoal ReportifVJ Slandar(l applicabb in the UKand Republicof Ireland (FRS 102}. The Charity is a public benefft entity for the pwposes of FRS 102 and Iherefcre has also prepared tho finanool statements in accordanc£ the Statement of Re(%)mm1ded Prath" aFpIlble to tharities preparing their ac£ounls in accordan V•ryth the FinaThJal Reporh"rKJ Stsndard apF4ThUe in Ihe UK and Republic of Iroland {The FRS 102 Chanties SORPI and the Chanties Aci 2011. The trustees have assessed whethwthe use ol the wrKJ LxjnC ba&s is apFwnale and have nsIdered possible events or conditions that mighl cast nfficant doubt on the abilrty of th8 Charity lo ntirtUe as 8 going conc4rn. The tnjstees have made this assessment a period of al least ono yoar the ¢Jate of approval of the financial stateménts. After mth.ng ewuiries the trustees have ttjnduded that there is a reasonabl8 expe(lation that the Charity has adequate r8SOWCeS to cJJntinue n operational existence fcf the foseeable future. The CharFty therefc¢e contnues to Jopt the going coneem ba&s in preparing its financial statem•nts. 1.3 Income Income is accounted fty when il is 0b8 that the income vill be rgceived. aKI th• alrUnt can t measured feliably. 1.4 Expendlturn All expenditure is )Unted for on 8ccrJals bass has twi dassified undgr headings Ihal aggregate all costs related to the cateo)ry. 1.5 Debtorn Trade and other debtors are recognised at th8 setuemenl amLyJtt due. Prepayments are v8lu¢d at th6 amount prep 1.8 Depreclatlon Depreoabon is providwj at the follwing nUal rates in der lo vniie off the cost of •ach assot over rt$ eypected useftl life: Fixtures. frttings and equibjnent 25% sirawt line 1.7 Crndllorn and provl•lons Creditors provigons 8r8 re(xonised the L*anty has a wesent obligath.on regjlting from a past event that wll probably fesult in the transfer of lunds lo a third party and th8 amount thje to settle the obligation b8 measured or ests'mated reliably. Creditor5 prowgons are rerngnised at their setvwnent amount aftw allo4¥W)g fty ary trade discounts ¢. 1.8 Flnanclal In8tNm•n¢8 The cyjmpany has de(aed to apply the W00n$ of Secbon 11 'BaS Finanoal Instruments, and Section 12'0ther Finane4al Instrwnents IssJJe$' of FRS 102 to all of ils finanoal instruments. Finanaal instrumènts are reo)gnised in the MpanY'S baler sheet when the cxynpany bect)mes pwty lo Ihg conlractual prOS1on5 the instrumgnl Financaal assets and liabilities are offset. the ngt amount$ pre¥entsd in the finanoal statements. thefe is a legaly enforLxable nghl to set off the recx)gnised amounts and Ihere is intenb'on to sewe i)n a net l)ass orto reali58 the asset and settle the liability MIlIan81)us. 12
HWHC LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022 th thg •xc8ptyon of any prepayments and deferred inc4)m8. all debtor armj tteditor balanos are Jnsidered lo be bagcranaal strUnts FRS 102. 1.9 Fund acCOlI1n9 Unr¢stri¢ted fiJnds are available fc¢ usa at tr*e disueb.on of the trustees in fiJrthoranct of the general objedives of the dub and which have not desTgnated for other purpo$8$. Restricted funds are funds whith have been raised for parti¢wlar purposes. The aim and use of each restrided fund is set out in the notes to the financaal statemenls. 1.10 Areas of critical Judgement & estlmatlon There are no key assurnplions conceming the future and olher key sources of estimation uncertainty at the reporting date that have a signffje4nt risk of cauwg a maierial adjustrnent to the cary5ng amounts of assets and liabilrties thin the nexl financial year. INCOME FROM DONATIONS AND LEGACIES Unr•stricted Funds 2022 Total Funds 2022 Total Funds 2021 Fund8 2022 Donations 91,317 91.317 40,638 91.317 91.317 40,638 INCOME FROM CHARITABLE ACTIVITIES Unrestrlcted Funds 2022 Restiicted FuThJs 2022 Total Funds 2022 Total Funds 2021 Subsc¥iplions and matth lees Fundraising Emergency fundrai$iThJ Junlor c8mps and o)aching 287,903 21,345 287.903 21.345 136,222 3.800 23.823 &3.036 132h37 132837 441.686 441.686 216.881 INCOME FROM OTHER TRADING ACTIVrnES Unrestricted Funds 2022 Tolal Funds 2022 Tot Funds 2021 Funds 2022 Player support contrityjlion Other InCe 400 7.979 4. 775 7,979 16,379 16.379 4.781 13
HWHC LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022 EXPENDITURE ON CHAIIITABLE ACTivmES Total 2022 Total 2021 Charitable a(Xiwties Governan c£sts- Independa eXaMin*n 668,427 1.250 668.427 1,250 253,210 559,677 559,677 254.410 OTHER EXPENfMTURE Total 2022 Total 2021 Premises $ts Depreoation AountancY 1.472 1.472 331 7.824 1.760 9,502 1.750 9,502 6.582 12.724 12,724 10,38r EMPLOYEE ANO Key MANAGEMENT PERSONNEL The tnthes did not remunerati for th&r servi5 ¢n the year. TANGIBLE FIXED ASSETS FIXr¢S & flttlngs Total Cost At 1 May 2021 Additions 7,296 At 30 Awil 2022 7.296 Deproclatlon At 1 May 2021 Charge for year 7,296 At 30 April 2022 7,296 7,296 Nel Book Value At 30 April 2022 At 30 April 2021 14
HWHC LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022 DEBTORS 2022 2021 Prepayments and &LYued inojme 9,957 11,861 9.957 10. CREDITORS: amounts falllThJ <kni lthln One year 2022 2021 Accounts payable AcLTuals and deferred income Other creditors 2.893 66.549 204 60.661 471 61,132 69,646 11. FUNDS Balance Balance Incoffle Expgnse Transfvr Restrlcted lunds: se0bd furh1 Other 8,075 076 4560 11625 11625 Gen¥al fund 19,394 549.381 1572.4011 13,6261 Total funds 31019 649,381 1672.4011 8.999 Other fvnds relate to I10r equipfftht and aYor 12. ANALVSIS OF NET ASSETS BETWEEN FUNDS Unr•strfcW Rfj8trfct•d Funds Funds Total Nel current assets (3,626) 12,625 8,999 (3.626) 11626 8,999 15
HWHC LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022 12. RELATED PARTY TRANSAcnoNS Thè dub provides 8c£ommodalicffl support to key ayerS and coathes who would ot"se find it difficjjll lo relocate lo and live in ntral Lon(knn. A(xJrdingly. the dub enters into renta5 agreements certain properties to enablè this to happen. In relum ayerS arKI coathes will sometsm•$ make a eonlribulion towards the rental costs as well as uimmitting to prowde c<>athing w(Yt to Ihejunicr programmo or to some of Ihe kn¥er adult dub &des. One such propety rwled by the club is owned by a Oirector and trustee of the dub. The rental agreement is based on a cost retmbwsemI bass and hffico 1$ ¢Jinsderably below a market rental for the property. Costs incajrred by the dub under this agefflent whith was enl6Yed into in Juty 2016 were £16,2 in 202212021.. £8.1LW)I. 13. STATEMENT OF FINANCIAL AcThnTIES- PRIOR YEAR Total Funds 2021 Funds 2021 Funds 2021 INCOME Income from". Donaljons and l•gaue5 Charitsole a¢Xiwti"es Other trading incAime 36.638 216.881 4. 181 40.638 216.881 4,781 TOTAL INCOME 258.3 262.3CIO EXPENDITURE Expenditure on.. Charitable adivitses 254.410 10.387 254.410 10.387 TOTAL EXPÈNDITURE 264.797 264,797 Nel {expendtturnVlncomg (6.497) (2.497) Tmsfers tsetren I1 Nel mov•monl in funds (6.497) (2.497) Re¢onclllatlon of f08. Total lunds brought fop•R 25.891 8.625 34.516 Total fwmls ¢aft5 fonya 19.394 12.625 32.019 16
HWHC LIMITED DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2022 Unrestrlct•d Funds 2022 Restrfd•d Funds 2022 Total Funds 2022 rolal Funds 2021 Income and endovfflients from: Donations and legaoes t>onation$ 91.317 91,317 40,638 91.317 91.317 40.638 Charitable adivities Subscriptions and matth fees Fundraising Emergency fundraisng JUnr tamp$ and coaching 287,903 21.345 136.222 3.800 23.823 53.036 21,345 132.437 132.437 441.685 441.685 216.881 Othor trading a¢tivities Player support cnrtn"bution Other inmme 8.4CA) 7,979 8,400 7,979 4, 775 16,379 16,379 4.781 Total Inme and endowments 649,381 S49,381 262,300 Expendture on: Charitable a&lbe$ Playing, ccAthing and player 4wort 558.427 558.427 253,210 558.427 558,427 2&3,210 Governan (xjsts Indep8TrJ8nt eXam1Ttion 1.250 1.250 1.250 1,250 1.200 Total expend0 on charftab actlvltlgs 559.6TI 659,677 254.410 General administrats.ve ojsts, incJuth"rwJ depreoatson and amortisth'on Accountancy and bookkeepirKJ Bank charges Cleaning Depreciation In$uranc* IT costs subp$ Sundry 8xpense$ 1,750 1,750 1.650 1. 128 331 1.824 1,652 3.440 36 326 1.472 1,472 4.217 3,254 27 4,217 3.254 27 1,043 17
HWHC LIMITED DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2022 Telephone, fax al broadband Total of oxpendlture of olher costs 12,724 12,724 10.387 Total expenthlure 571401 572,401 264.797 Net {•xp•ndlturnVlncome 123,0201 123.020) (2,497) Net movement In funds 123,020) {23,020) (2,497) R•coThclllatlon of fi$. Total furKls brtyjght forward 19.394 12,625 32,019 34,516 Totsl funds canl•d forward 13,626) 11625 8.999 32,019