Finanical Statements for the Year Ended 31 March 2022 for Scarborough Athletic Club
Registered Charity Number 1131989
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Scarborough Athletic Club 31 March 2022 Charity Number 1131989 Contents of Financial Statements
| Page | |
|---|---|
| General Information | 3 |
| Trustees Details | 4 |
| Report of the Trustees | 5 |
| Trustees Approval Certificate | 7 |
| Independent Examiner's Report | 8 |
| Consolidated Income and Expenditure Account | 9 |
| General Income and Expenditure Account | 10 |
| Race Income and Expenditure Account | 11 |
| Balance Sheet | 12 |
| Accounting Policies | 13 |
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Scarborough Athletic Club 31 March 2022 Charity Number 1131989 General Information
Scarborough Athletic Club is a registered charity goverened by a Club Constitution adopted at an Extraordinary meeting of members on 18 June 2009 and registered with the Charity Commission on 5 October 2009 (registered charity number 1131989).
The objective of Scarborough Athletic Club, hereinafter referred to as Scarborough AC is: - The promotion of community participation in healthy recreation in particular by the provision of facilities for running and athletics
Funds shall be allocated in accordance with the objects based on the need relating to each object and to ensure the effective operation of the charity as determined by the Trustees.
In setting our objectives and planning our activities, the trustees have given careful consideration to the Charity Commission's general guidance on public benefit and in particular to its supplementary public benefit guidance on the advancement of health.
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Scarborough Athletic Club 31 March 2022 Charity Number 1131989 Trustees Details
Current Trustees at 31 March 2022:
Anthony Tomaszewicz Caroline Metcalf Chris Wade Christine Savage Dale Hepples David Field Harry Forkin Hiede Wilson Mick Thompson Ralph Broadley Wendy Pattison
Officers at 31 March 2022:
Chairman - David Field Secretary - Christine Savage Treasurer - Caroline Metcalf
Bankers:
HSBC 33 St Nicholas Street Scarborough YO11 2HN
Independent Examiner:
Rebecca Dent
Scarborough Athletic Club Contacts:
Email - mail@scarboroughac.co.uk Web - www.scarboroughac.co.uk
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Scarborough Athletic Club 31 March 2022 Charity Number 1131989 Report of the Trustees
Trustees' Responsbility for the Financial Statements
Charity law required 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. The statements must show the charity's incoming resources and how resources have been applied in the period.
In preparing the financial statements, the trustees are required to:
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Select suitable accounting policies and apply them consistently
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Make judgements and estimates that are reasonable and prudent
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To value assets and liabilities in accordance with the Statement of Recommended Practice for accounting by charities
The trustees are responsible for keeping proper accounting records which are sufficient to show and explain the charity's transactions and to disclose with reasonable accuracy at any time the financial position of the charity, and to enable them to ensure that the financial statements comply with the requirements of the Charity (Accounts and Reports) Regulations 1995. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud an other irregularities.
Developments, Activities and Achievements during the year
We returned to weekly meetings and held a succesful 10k in October
Organisational Structure
The day to day running of the charity is led by the Chairman, David Field, supported by the Trustees. There are no paid members of staff.
Recruitment of Trustees
Trustees are sought who will bring added value to the charity and are appointed annually at the Annual Genera Meeting of members. Where there is a need for new trustees in the interim, these are identified and are appointed by the remaining trustees.
Rules
The charity is governed by the rules contained within the deed of trust adopted on 24 August 2009.
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Scarborough Athletic Club 31 March 2022 Charity Number 1131989 Report of the Trustees
Relationships
Scarborough AC is affliliated to UK Athletics.
In addition, the Club has strong workings relationships with the following (and many other) local organisations for which it is very grateful:
-
McCains
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Pindar School
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Scarborough Borough Council
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Scarborough Rugby Club
Review of Activities
The gross income of the charity for the year was £64918.85 and incurred a profit for the year of £6571.02 Overall, this results in total unrestricted funds to be carried forward at the year end of £80167.86
Policies
The charity has no paid employees. Policies are developed as required and existing policies include a Child Protection Policy.
Reserves
Scarborough Athletic Club has no legally constituted reserve balance but holds the following informally allocated fund:
- Race Account (Scarborough 10k monies)
Risk Management
All funds are held with HSBC Bank. The trustees recognise that some of Scarborough Athletic Club's activites could create a potential for claims against the charity. There are no known claims to date. Insurance is maintained by the trustees through UK Athletics for public liability up to £50m.
Investment Policy
Short term surplus funds are held with HSBC Bank.
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Scarborough Athletic Club 31 March 2022 Charity Number 1131989 Trustees Approval Certificate
On behalf of the trustees, I approve of the financial statements to 31 March 2022 and confirm that all relevant records and information has been included.
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Scarborough Athletic Club 31 March 2022 Charity Number 1131989 Independent Examiner's Report
I report on the accounts of the charity for the year ended 31 March 2022 which are set out on pages 9 to 12.
Respective responsibilties of trustee and examiner
As the charity's trustees, you are responsible for the preparation of the accounts; you consider that the audit requirements of section 43(2) of the Charities Act 1993 (the Act) do not apply. It is my responsibility to state that, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7) of the act whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those reports. 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 any audit, and consequently we do not express an audit opinion on the view given by the accounts.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention which:
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gives me resonable cause to believe that in any material respect the requirements a) to keep accounting records in accordance with section 41 of the Act and b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met.
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in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
In connection with my examination, no matter has come to my attention which:
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Scarborough Athletic Club 31 March 2022 Charity Number 1131989 Consolidated Income and Expenditure Account
| Income Club Membership and Sessions Club Kit Sold Bus income Event fees Donations and Grants Other income Interest Received Expenditure Venue Hire Bus Hire Subsistence Capital Items Equipment Athletic Events Donations made Finishers Goodies 10K Services Repairs and renewals Presentation and Awards Subscriptions and Licences Kit Purchased Training and Courses Bank Charges Motor Expenses Stationery, Printing and Postage NET PROFIT / (LOSS) |
£ £ 42,802.45 1,758.00 10,308.40 10,050.00 64,918.85 4.21 4.21 3,856.25 320.00 5,339.05 12,037.64 24,408.50 30.00 1455.47 7136.8 2961.09 560 34.8 340.09 232.35 58,712.04 6,211.02 31.03.22 |
£ £ 4,619.95 1,055.80 53.67 5,729.42 22.66 22.66 435.00 614.98 4632.16 2204.58 640 20.90 8,547.62 2,795.54 - 31.03.21 |
|---|---|---|
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Scarborough Athletic Club 31 March 2022 Charity Number 1131989 General Income and Expenditure Account
| Income Club Membership Membership Refunds Junior sessions Walk2Run Core Session Kit sold Track & Field Reimbursement Bus income Donations received Other income Interest Received Expenditure Venue Hire Bus Hire Subsistence Capital Items Equipment Race Entrant Fees Donations made Advertisement Entertainment Repairs and renewals Track & Field Expenses Presentation and Awards Subscriptions and Licences Kit Purchased Training and Courses Bank Charges Motor Expenses Stationery, Printing and Postage NET PROFIT / (LOSS) |
£ £ 42,398.37 -159.42 563.50 1,758.00 44,560.45 4.21 4.21 800.00 320.00 210.47 7,136.80 2,961.09 560.00 17.40 42.24 232.35 12,280.35 32,284.31 31.03.22 |
£ £ 4,619.95 53.67 1,055.80 5,729.42 22.66 22.66 435.00 574.98 4,632.16 2,204.58 640.00 20.90 8,507.62 2,755.54 - 31.03.21 |
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Scarborough Athletic Club
31 March 2022
Charity Number 1131989
RACE Income and Expenditure Account
31.03.22 31.03.21
£ £ £ £
Income
Yorkshire Coast 10K Entrants 10,308.40 -
Fun Run Entrants - -
- -
Sale of prior year t-shirts
Donations and Grants 10,050.00 -
-
20,358.40
Expenditure
Venue Hire 3,056.25 -
Event Commission - -
- -
Event Expenses
Finishers Goodies 12,037.64 -
Services 24,408.50 -
- -
Stationery, Printing and Postage
Motor Expenses 297.85 -
Donations made 5,339.05 -
Bank Charges 17.40 -
Repairs and Renewals 30.00 -
Awards and Presentations 1,245.00 40.00
46,431.69 40.00
NET PROFIT / (LOSS) - 26,073.29 - 40.00
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