## **Moretonhampstead Sports and Community Centre Limited** Trustees report for year ending December 31[st] 2023 2022 ended with great momentum and enthusiasm and at the start of 2023 we looked forward to another good year. Working off the back of a successful 2022, we wanted to engage with the wider community to explore opportunities to make the best use of all the facilities, support existing activities and welcome new ones, one of which has been to offer the field to school groups for camping as part of their Duke of Edinburgh training events. Our Charity objective is to provide and maintain the Sports Centre building and playing fields for recreation, amateur sport and other leisure-time activities for the benefit of our community in and around Moretonhampstead. It is always a joy to see activities running and people enjoying the benefits of regular exercise and social interaction. We are fortunate to have these facilities and they are often the envy of visitors and newcomers to the area. Needless to say, being a volunteer managed and run organisation, things take time to happen and evolve but the groundwork is very well established and there to build on. We continue to be mindful of the financial constraints on family budgets and the need to balance our running costs and overheads with making access to the Sports Centre sufficiently affordable so as to encourage more participation. With targeted advertising and careful budgeting, it is very pleasing to note that turnover has increased and costs decreased, resulting in a secure financial position at the end of 2023. Moor Football, held their first Football Fiesta in early September, which proved to be an amazing event, attracting lots of families who all enjoyed the day. The Sports Centre was buzzing with activity and excitement, on what turned out to be one of the hottest days of the year! Everyone is looking forward to the 2024 Football Fiesta. Once again, we hosted the hugely popular community fireworks display and bonfire evening in early November. The attendance numbers exceeded expectations and in collaboration with Moretonhampstead Swimming Pool, the Fireworks Draw raised money for both organisations . Full credit to our volunteers who worked extremely hard to make the event such a success. This report would not be complete without expressing huge gratitude to our team of volunteers, working alongside the Trustees and Directors of MSACC to keep the doors open and welcome people the Sports Centre on a daily basis. Graham Austin Chair of Trustees Moretonhampstead Sports and Community Centre MORETONHAMPSTEAD SPORTS AND COMMUNITY CENTRE LIMITED COMPANY LIMITED BY GUARANTEE UNAUDITED ACCOUNTS FOR THE PERIOD 1 JANUARY 2023 TO 31 DECEMBER 2023 COMPANY NUMBER 06785724 A PRICE & CO Certifigd Accountants & Reporting Accountants MORETONHAMPSTEAD SPORTS AND COMMUNITYCENTRE LIMITED COMPANY LIMITED BY GUARANTEE ANNUAL REPORT AND FINANCIAL STATEMENTS ACCOUNTS PERIOD 1 JANUARY 2023 TO 31 DECEMBER 2023 DIRECTORS Mr G S Adcock Mr G G Austin Mr R A J Austin Mrs T L Barringlon ReSIgn￿ 2 May 20Z4 Mr P Eastharn R98iyngd 2 May 2024 MrVEHall Mr P J O'Neill Appointed 2 May 2024 Mr Tayler Pierce Appointèd 2 May 2024 Mrs A G Capstick Appointed 2 May 2024 Mr M R Woods Appointed 2 May 2024 COMPANY SECRETARY REGISTERED NUMBER 6785724 REGISTERED OFFICE King George V Playing Fields North Bovey Road Moretonhampstaed Devon TQ13 8NZ ACCOUNTANTS A Price & Co 11 Sladdons View Bovey Tracey Devon TQ13 9HW INDEX TO FINANCIAL STATEMENT Page No Report of the directors Accountants r8POrt Profit and loss account Balan￿ sheet Notes to the accounts 5t07 The following does notform part of the statutory accounts Detailed trading and profit aftd loss aecount Schedule of overhead expenses HAMPSTEAD SPORTS AND COMhlUNITY CENTRE LIMITED OMPANY LIMITED BY GUARANTEE REPORT OF THE DIRECTORS ACCOUNTS PERIOD I JANUARY 2023 TO 31 DECEMBER 2023 The D1￿CtOrS subrnil Iheirannual report and a¢counts of the ¢ompany far the p8ri0d ended 31 Dec£mber 2023 Prlnclpal Actlvltles The pnncipal 8Ctivity of the cornp8ny during the perirA1 under review was 5POrting and ￿K￿U[e activitie5. Dlrectors The Directors who 56ryed th6 Company di.. .rrfJ the perh* were as follows.. MIGSAd Mf G G Au511 Mr R A J Austin Mrs T L B8rrington Mr P Easlham MrVEHall Rt41gneu z May 4Q24 R•Blgn•d 2 2024 "Political and charltabl? donations, forthe perlod under revlew and prevlou5 perlod" No political or ¢haritsblE donations were made during the peri(xl Company pollcy on the ernploym•nt of dl$abl$d persons. forth8 pèriod undor rgview and prgvious period It Is thg company s poli¢y 10 employment to disabkd persons wher?￿r possib￿. The above report has been p￿pared In a¢¢ordano the speGial provi$ion$ in part 15 of Companies A¢t 2006. Company reglstratlon nuinber 06785724 This report was approved and Signed on Behalf the board ol director5 on By G G AUSTIN Dirt¢tor 2024 MORETONHAMPSTEAD SPORTS AND COMMUNITY CENTRE LIMITED COMPANY LIMITED BY GUARANTEE ACCOUNTANTS. RepoRT We report on the accounts for the period ended 31 De￿mber 2023 set out on page 3 10 7 which have been prepared from the accounting records of Moretonhampsle8d Sports and Community cent￿ ￿miled and from the infomation and explariations supplied lo us by the Directors of the company. We have not audited these accounts. LSmltat5on of IlabllSty Our responsibility for this report is only to the company. We a¢￿p1 no responsibility to any other party. R•$pÈ¢tive re$ponsibiliti•s of dlr•ctors and r•portlng accountants. As described on page 4 Ihe company's dir8ctors aré rèsponsible for the preparation of the accounts, and they consider that the company is exempt from audit. It Is our re5ponsibilily to report to you on the basis set out below. Basis of opinion Our work was conducted in accordance wth the Statements of Standards for Reporting Accountants. We have compared the accounts Mrith the cornpanls accounting records and with the requirements of the Cofflpanies Act 2006. We have also madè such limiled enquiries of the officer8 of the wmpany as we conSide￿d necessary for thÈ purposès of this report. The procedures provide only Ihtr limilÈd assur8n¢es reported below. Opinion Based ofi the limited work deseribed above, in our opinion.. lal the accounts on pagès 3 to 7 are in agrè8m8llt wth tho accounts'ng records maintained by the company in a￿rdan￿ with the special provisions in part 15 ol the Companies Act 2006 relating lo srnall companies and in ac¢ordan¢8 with the the Finanaal Reporting Standard for Smaller Entities (effective January 20151 Ibl for the period ended 31 December 2023 the company was entitled to exernption Irorn audit in accordance with sections 475 and 477 of the Companies Act 2006 relating lo small companies and no notice has been deposited under Section 476 of the Act. A PRICE & CO Cèrtifièd Aceountsnts 11 Staddons Vlew Bov•y Tracey Dèvon TQ13 gHW 2024 MORETONHAMPSTEAD SPORTS AND COMMUNITY CENTRE LIMITED COMPANY LIMITED BY GUARANTEE UNAUDITED PROFIT AND LOSS ACCOUNT CCOUNTS PERIOD 1 JANUARY 2023 TO 31 DECEMBER 2023 3111W2023 3111212022 Note TURNOVER Sales and ServI￿S 55,256 44,975 Net operating expenses 29,218 37,￿0 OPERATING SURPLUS 26.038 7,075 Interest recewable and similar income 19 SURPLUS ON ORDINARY ACTIVITIES BEFORE TAXATION FOR THE YEAR 26.057 7.078 Tax on Intèrèst Rèeèivable SURPLUS ON ORDINARY ACTIVITIES AFTER TAXATION FOR THE YEAR 26.057 7,078 RESERVES BROUGHT FORWARD 66,615 59,537 RESERVES CARRIED FORWARD 92,672 68,615 The Company's aclivilies arè ¢ontinuovs and therg are no unr8cord6d gains or losses. The notes set out on pages S to 7 form an integral part of these a¢¢ounts. MORET NHA RT ANDC COMPANY LIMITED BY GUARANTEE NAUDITED BALANCE AS AT 31 DECEMBER 2023 PIE 31J1212023 PE J1M212022 Note FIXED ASSETS Tangib 191 378 191 376 CURRENT ASSETS Bar Stock Debtors Cash al bank in hand 400 50,029 400 47.092 27,817 105,801 75,309 CREDITORS Amounts falling due within one year 13.320 9,070 NET CURRRENT ASSETS 92.481 66,239 TOTAL ASSETS LESS CURRENT LIABILITIES 92.672 8e,615 CAPITAL AND RESERVES Profit and Loss Ac¢ounl 92.672 86,615 SHAREHOLDERS, FUNDS 92,672 66,815 The company was 8ntil￿d to exernplion from audit under section 477 of ts Companie5 A¢1 20 for the period ended 31 Oecetnber 2023 The membèrs havé not required the company to obtsin an audit of ts financial statemen15 for the perlod Ènded 31 December 2023 in accordance wih Section 476 of the Companie5 Act 2006. Th¥ directors acknowle(19e their responsibility for:. lal ensuring thai the Company keep5 accounting records which comply with Section 388 of the Companies Act 2006 and Ibl preparing financ￿1 s18tem8nls which give a true and fair view of the stale of affairs of the company a5 al the end of each financial year and of its profil or loss for each financial year In accordan￿ with the requirements of S8clions 394 8nd 395 and vhich othe￿188 comply wita the requiTrments of th6 Companies Act 2006 relating lo financial stslements, so far as applicable to the company The financial stai8mÈnts have ￿en prepared in accordance with the special provisions of Part 15 of the CoMpan￿S Act 2008 relating 10 Small ¢ompanie5 and with the Financial Reporting Standard for Smaller Entsties18ffective January 20151 Company registration nu Th¢ financial statem8 678 roved by the dlrectors on l? Sort 2024 Dlrnctor Thg notes ¥el OLrt on pagos 6 to 7 fo￿ an Intsgral part of thtrs# acG¢wnts. ORETONHAMPSTEAD SPORTS AND COMMUNITY CENTRE LIMITED COMPANY LIMITED BY GUARANTEE NOTES TO THE ACCOUNTS ACCOUNTS PERIOD 1 JANUARY 2023 TO 31 DECEMBER 202 11 ACCOUNTING POLICIES *) Basis of accounting These acLounts have been prepared under the historical wst wnvention and in accordan￿ wth the Financial Rewrting Standard lor Smaller Entsties leflectiv8 January 20151 The directors have taken advantage of certain exèmptions availabl6 tr) small cornpanies under the Companies Act 20(￿, on the grounds th81 tho Company qualifies as a small Company. bl Depreciation Depreciation of fixed assets is calculatad to wiitè tsff their ¢ost or valuation less any residual value over Iheii èstimated useful lives. el Turnover Turnover represents the arnount derived Irorn the provision ol goods and servi￿$ f811ing within the company's activrties. 21 OPERATING PROFIT PE 3111212023 PIE 3111212022 Operating profi't 15 Stated after allowing for.. Nel operating expenses including.. Depreciation Direclors. remuneration 328 714 MORETONHAMPSTEAD SPORTS AND COMMUNITY CENTRE LIMITED COMPANY LIMITED BY GUARANTEE NOTES TO THE ACCOUNTS ACCOUNTS PERIOD 1 JANUARY 2023 TO 31 DECEMBER 2023 31 STAFF COSTS PE 31112r2023 PIE 3111212022 Tha c05t of atnployiny staff induding directors was.. Wages and $8lari8S 1,316 13.979 41 TANGIBLE F5XED ASSETS Fixtur05 & Equipmont Total COST At 1 January 2023 Additions Disposals 27.787 143 414 27,787 143 414 At 31 De￿rnber 2023 27.516 27,516 DEPRECIATION At 1 J8nuary 2023 Charge loi the period Withdrawn on disposals 27.411 328 414 27,411 328 Al 31 De¢gmber 2023 27.325 27,325 NET BOOK VALUE At 31 Decernber 2023 191 191 At 1 January 2023 376 376 SI DEBTORS 3111Z12023 3111W2022 Trade Debtors Prepayments King Geoigev Trust 7,826 3.874 38,329 6,718 2,045 38,329 50.029 47,092 MORETONHAMPSTEAD SPORTS AND COMM NITY CENTRE LIMITE COMPANY LIMITED BY GUARANTEE OTES TO THE ACCOUNTS ACCOUNTS PERIOD 1 JANUARY 2023 TO 31 DECEMBER 2023 61 CREDITORS.. amoun15 falling dw wlhin one y8ai PIE 3111212023 311t2r2022 Trade creditors Pr8pai¢J Income Accruals Other credrtors Ta%8lion and social security 717 8.182 4.404 717 6.906 1.430 13.320 9.070 71 RECONCILIATION OF MOVEMENTS IN MEMBERS. FUNDS PIE 3111212¢23 PIE ¥ii%W2022 8a18nc8 blf Surplus for the period 66.615 28.057 59.537 7.078 92.672 66.615 81 CONTROL During the period the cempany was cOntrol￿d by the dir8clors. MORETONHAMPSTEAD SPORTS AND COMMUNITY CENTRE LIMITEO COMPANY LIMITED BY GUARANTEE UNAUDITED TRADING AND PROFIT AND LOSS ACCOUNT ACCOUNTS PERIOD 1 JANUARY 2023 TO 310ECEMBER 2023 PE PE 3111W2022 3111212023 TURNOVER Sales 55.256 44.975 55.256 44.975 DIRECT COSTS Purchases etc Firework Display 1,103 3.095 715 3.184 4.198 3,899 GROSS PROFIT 924 51.058 913 41.076 LESS OVERHEADS Establishment expenses 12,681 7,972 Adrninistration expense8 10.809 24,243 Financial expenses 1.530 1.786 25,020 34,001 NET SURPLUS FOR THE PERIOD 26,038 7,075 OTHER INCOME Bank Interest 19 SURPLUS FOR THE PERIOD 26,057 7,078 Tb1$ p•go 58 lortho olthg dlrn¢tors only. Itdoo¥ notforrn partof the statutory accounts. MORETONHAMPSTEAD SPORTS AND COMMUNITY CENTRE LIMITED COMPANY LIMITED BY GUARANTEE SCHEDULE OF OVERHEAD EXPENSES ACCOUNTS PERIOD 1 ANUARY 2023 T 1 DECEMBER 2 PIE 3111212023 PIE 3111212022 ESTABLISHMENT EXPENSES Cenlre Insurance General & Wat$r Rates Light and Heat 2.144 1,107 9,430 2.242 925 4,805 12.681 7,972 ADMINSTRATION EXPENSES Contract labour Centre staff salaries Cleaning and janatorial expenses Building repairs Equipment maintenancè Staff Costs Training Costs office Supplies Ground tnaint8nancè Piinting and Stationery Contract Cleanig Advertising and Promotional expènsès CornputeT expenses Telephone and Intemet Bookkeeping and offi￿ Adminstration Licenses and Pemiits Sundry expenses 310 1,316 800 1.732 1,424 20 75 13,979 770 2.160 1,159 12 891 123 504 308 1,530 100 170 484 658 938 1.642 13 272 413 723 1,085 809 13 10,809 24,243 FINANCIAL EXPENSES Accountancy and professional Bank Charges Depreaation 610 592 328 595 477 714 1,530 1.786 25.020 34.001 Thb pog• Lg for tho u¥ooftho dlroctor4 ority- Itdr*J notfomi part of tho statutory accounts. MORETONHAMPSTEAD SPORTS AND COMMUNITY CENTRE LIMITED COMPANY LIMITED BY GUARANTEE ACCOUNTANTS. REPO Wè rèport on the 3¢counts for the period &nded 31 December 2023 set out on page 3 to 7 which have been prepared from the accounting récords of Morelonhampstead Sports and Comrnunity Centre Limited and from the information and explanations supplied lo us by the Directors ol the company. We have not audited these accourits. Llmltstlon of liablllty Our responsibility for this report is only to the cornpany. We accept no resw)nsibility to any other party. Respe¢tive responskbiliti85 of directors and reporting aeeountsnts. As described on page 4 the Companvs dire¢tor5 are iesponsiblo for the pr8parab.on of the 8c¢ourils, and they ctsnsider that the company is exempt from audit. 11 is our responsibility to report lo you on the basis Set out bèlow. Basis of opinion Our work wa5 conducted in accordance with the Statements ol Standards for Reporting Accountants. We have compared the accounts with the company's accounting records and with the requirements of the Companies Act 2006. We have also made such limited enquiries ol the officers ol the company as we considered necessary for the purposes of this report. The prO￿dureS provide only the lirnited assurances reported below. Opinion Based on the lirn((ed work described above, in our opinion.. lal the accounts on pages 3 to 7 are in agraèrnènt with the accounting recor(Js rnaintained by the company in accordance with the Spe￿al provisions in part 15 of the Companies Act 20C6 relating to small companies and in accordan￿ with the the Financial Reporting Standard for Smaller Entities (effective January 20151 Ibl for the period ended 31 December 2023 the company was entrtled to exemption from avdit in accordance with sections 475 and 477 of thè Companies Act 2006 relatin9 to small cotnpanies and no notieo has been deposited under Section 476 of Ihe A¢t. A PRICE & CO Cat￿rIad Accountsnts 11 Stsddons Vl•w Bovey Tracey Devon TQ13 9HW 2024