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2022-08-31-accounts

Great Britain Baton Twirling Association Accounts 31 August 2022 Charity Number 1131933

Great Britain Baton Twirling Association Contents

Page
Trustees Report 1
Statement of Financial Activities 2
Income & Expenditure Account 3
Balance Sheet 4
Notes to the accounts 5

Great Britain Baton Twirling Association

Charity Number: 01131933 Trustees Annual Report for the year ended 31st August 2022

The trustees present their report and unaudited financial statements for the year ended 31st August 2022.

Reference and Administrative Information

Charity Name: Great Britain Baton Twirling Association Charity registration number: 01131933 Company registration number: N/A Registered Office: N/A Operational address: 19 Kestrel Grove, Halewood L26 7ZS

Trustees

Albert Orme

Accountants

Sinclair Accounting Co Ltd, 300 St Mary’s Road, Garston, Liverpool, L19 0NQ

Bankers

Barclays Bank, Leicester, LE87 2BB

Structure, Governance and Management

Organisation

A leadership team is in place to oversee the day to day activities of charity.

Signed

Albert Orme 24 August 2023

Our Aims and objectives

Purposes and Aims

The main object of the charity is to continue to raise the profile of majorettes by producing high standard dancing. Through doing this the charity will create a safe and friendly environment for young people.

Review of Activities

After the Covid outbreak, The Great Britain Baton Twirling Association lost over a years worth of activities in the Majorette World. However, after almost 2 years, with trepidation we approched our first event.

Some Troupes had lost dancers and other things to do, although we put on some virtual solo competitions just to keep the interest.

My fears were short lived as the majority of troupes came back rearing to go and very quickly, we we back to normal.

We continued to have sell out events throughout the season, Our 2 wekends in Blackpool both had close to 1200 people attending.

I must say a big thank you to all of the officials who have continued to support throughout the season and The Great Britain Baton Twirling Association is ready for the next season with anticipation.

1

Great Britain Baton Twirling Association

Charity Number: 01131933 Trustees Annual Report for the year ended 31st August 2022

Financial Review

Total receipts of unrestricted funds were £56342.74 which is substantially more than the previous year prior to covid. This was primarily due the pandemic restrictions coming to an end and being able to resume back to normal conditions.

Principal Funding Sources

The principal funding sources for the charity are currently by way of income from passes/wristbands and fundraising and donations from parents of the troupes.

Investment Policy

Aside from retaining a prudent amount in reserves each year, any monies not immediately required may be invested at the discretion of the Trustees.

Reserves Policy

Our policy is to maintain a balance in unrestricted funds to provide for at least one to three months unrestricted payments (about £10,000), for unexpected expenses, and to allow for a managed and responsible closure of the trust if required. However, the charity has found it difficult to maintain these level of funds in recent years.

Plans for Future Periods

We will:

2

Great Britain Baton Twirling Association Charity Number: 1131933 Independent examiners report for the year ending 31st August 2022

Independent Examiner

Graeme O'Callaghan ACA 300 St Mary's Road, Garston, Liverpool L19 0NQ

Respective responsibilities of trustees and 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 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Examine the accounts under section 145 of the Charities Act

Basis of independent examiner’s report

My examination was carried out in accordance with 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 the 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: which gives me reasonable cause to believe that in, any material respect, the 1 requirements: - To keep accounting records in accordance with section 130 of the Charities Act; - To prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or to which, in my opinion, attention should be drawn in order to enable a proper understanding 2 of the accounts to be reached

Signed

Graeme O'Callaghan Chartered Accountant 300 St Mary's Road, Garston, Liverpool L19 0NQ

21 July 2023

3

Great Britain Baton Twirling Association Charity Number: 01131933 Statement of Financial Activities for the year ended 31 August 2022

Notes
INCOME
Voluntary income
2
Investment income
Total Incoming Resources
EXPENDITURE
3
Total Outgoing Resources
Balance brought forward
Total Funds Carried Forward
Other incoming resources
Net Incoming (Outgoing) resources for the
year
2022
2021
£
55,997
-
-
55,997
-
(28,352)
(754)
(28,352)
(754)
27,645
(754)
(291)
463
27,354
(291)
Unrestricted Funds
2022
2021
£
345
-
345
-
-
-
345
-
-
345
-
-
Restricted Funds
Total
2022
£
55,997
-
345
56,342
(28,352)
27,990
27,990
(291)
27,699

4

Great Britain Baton Twirling Association Income and Expenditure Account for the year ended 31 August 2022

Income
Income
Fundraising
Expenses
Purchases
Rent, rates, power and insurance costs
Telephone, fax, stationery and other office costs
Advertising and business entertainment costs
Bank, credit card and other finance charges
Accountancy, legal and other professional fees
Depreciation and loss/(profit) on sale
Surplus/(deficit)
2022
£
55,997
345
56,342
17,941
376
5,297
28
3,870
600
240
28,352
27,990
2021
£
-
-
-
106
146
502
-
-
-
-
754
(754)

5

Great Britain Baton Twirling Association Balance Sheet as at 31 August 2022

Notes
Fixed assets
Property, equipment & machinery
3
Current assets
Sundry debtors
Bank/building society balances
Current liabilities
Other liabilities and accruals
Net current assets/(liabilities)
Net assets/(liabilities)
Reserve funds
Balance at start of period
Net surplus/(deficit)
-
27,952
27,952
2,057
2022
£
1,804
25,895
27,699
(291)
27,990
27,699
69
480
549
840
2021
£
-
(291)
(291)
463
(754)
(291)

6

Great Britain Baton Twirling Association Notes to the Accounts for the year ended 31 August 2022

1 Accounting basis

The financial statements have been prepared in accordance with UK Generally Accepted Accounting Practice along with the requirments of the Statement of Recommended Practive (SORP 2005).

2
Income and Expenditure account analysis
2
Income
Income
3
Other income
Fundraising
4
Interest received
5
Purchases
Hire of Venues
Trophies & Medals
Wages, salaries and other staff costs
Car, van and travel expenses
Rent, rates, power and insurance costs
Insurance
Repairs and renewals of property and equipment
Telephone, fax, stationery and other office costs
Postage, Stationery & Printing
Clothing
Food & Party Packs
Expenses for the Officals
Advertising and business entertainment costs
Advertising and PR
Bank, credit card and other finance charges
Hire of van & fuel
Accountancy, legal and other professional fees
Accountants fees
Depreciation and loss/(profit) on sale
Depreciation
2022
£
55,997
345
9,454
8,487
17,941
376
1,581
789
1,857
1,070
5,297
28
-
3,870
600
240
2021
£
-
-
-
106
106
146
502
-
-
-
502
-
-
-
-
-

7

Great Britain Baton Twirling Association Notes to the Accounts

for the year ended 31 August 2022

3 Plant, machinery and motor vehicles

Cost
At 1 September 2021
Additions
At 31 August 2022
Depreciation
At 1 September 2021
Charge for the year
At 31 August 2022
Net book value
At 31 August 2022
Computer
Equipment
£
858
2,044
2,902
858
240
1,098
1,804

8