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||||Company
Limited by guarantee|Company
Limited by guarantee|Company
Limited by guarantee|without share capital|
|---|---|---|---|---|---|---|
||||incorporated
on 17May 1961.Registered as a charity on||||
||||14January 2011||||
|Company Number|||00692958||||
|Registered Charity Number|||1139862||||
|Registered ONce|||principal Office||||
|Lacemaker House|||Marlow Sports Club||||
|3-7Chapel Street|||Pound Lane||||
|Marlow|||Marlow||||
|SL73HN|||SL72AE||||
|President|||John A Fordham (resigned||21 October 2020)||
||||Paul Sambrook (appointed||21 October 2020)||
|Trustees|IBDirectors||||||
||Co-Chairman||NF Robertson||||
||Co-Chairman||BCStone||||
||||A Daw (Appointed 17March 2021)||||
||||JA Fordham||||
||Treasurer||RM Krajewskl||||
||||AESaunders||||
||||DVSegrue||||
||||SLWoolven||||
|Patrons|||Alex Danson MBE||||
||||Tom Kerridge (Appointed||7July 2021)||
||||SirSteve Redgrave|MBE,CBE|||
||||Naomi Riches MBE|{Appointed||7July 2021)|
||||Andrew Strauss OBE||||
||||Sir Clive Woodward|OBE|||
|Bankers|||Metro Bank||||
||||One Southampton|Row|||
||||London||||
||||WC1BSHA||||
||||Barclays Pic||||
||||10High Street||||
||||Marlow||||
||||SL71AR||||
|Independent||Examiner|Tim James {FCMA)||||
||||Pink Affinity Limited||||
||||The Clock House||||
||||Station Approach||||
||||Marlow||||
||||SL7 1NT||||
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|||||2021||2020||
|---|---|---|---|---|---|---|---|
|||||||6||
|Freed Assets||||||||
||||||||1|
|Investment
Tangible Assets|||||1,014,083||998,737|
|Current
Assets||||||||
|Debtors||||18,975||||
|Cash at Bank and in Hand||||67,377||34,441||
|Cash at Bank- Sinking Funds||||119,889
206&242||159,870
260,103||
|Creditors: Amounts|falling|||||||
|due within
one year|||12|(43,879)||(40,839)||
|f&tat Current Assets|||||162,363||219,264|
|Total Assets lessCuoent||Liabilities|||L176,447||1,218,002|
|Creditors: Amounts failing
due after more than one year|||13||(140,397)||(195,397l|
|Net Assets|||||0 020020||2 022 000|
|Funds ofthe Charity||||||||
|Restricted Funds|||||791953||811„143|
|Unrestricted
Funds|||||244,097||211,462|
|TotalCharity
Funds|||16||61036050||022 002|
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|ght-line
basis over their expected useful|economic lives a|
|---|---|
|Land|Nil|
|Land improvement|40years|
|Pavilion buildings|20years|
|Plant and machinery|5years|
|Furniture,
fittings and equipment|3 - 5years|
|All-Weather
Pitch carpet|10years|
|Pitch and court plant and machinery|20years|
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|deed of cove|nant.
|Setout belo|w is a summary ofMSCC's|trading over the last two|years.|
|---|---|---|---|---|---|
|||||2021|2020|
|||||E||
|Turnover||||26,791|100,447|
|Cost ofSales||||(11,172)|(36,733)|
|Gross Progt||||15,619|63,714|
|Administration
Licence feeto|Expenses
Marlow Sports Club||Limited|(15,937)|(32,420)
~1L622|
|Net Profit
Amount donated tothe Charity||||(318)|19,672
~19,672}|
|Retained profit/(loss)||in subsidiary|forthe year|2~182||
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|he charitable
company
employed
one person
asis —whose costs were as follows:|during the year one (2020:one) —on|a part-time|
|---|---|---|
||2021|2020|
|||6|
|Wages and salaries|6,720|7,200|
|Social security costs|||
|Total staff costs|6,720|7,200|
##
|||Raising|Charitable|Governance|Total|Total|
|---|---|---|---|---|---|---|
|||Funds|Activities|Costs|2021|2020|
|||6|6|6|f|F.|
|Establishment|costs||71,601||71,601|114,373|
|AdministratIve|costs||8,563||8,563|9,946|
|Interest and|bank charges|4,328|||4,328|5,809|
|Legal and accountancy costs|||7,396||7,396|7,640|
|Independent|examiner fees|||3,000|3,000|2,500|
|Depreciation|||29,424||29,424|33,438|
|Total Expenditure||4,328|116,984|3,000|124,312|173,706|
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|8. Investments|||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||Costf|Cost
f|
|Investment
in subsidiary|||||1|1|
|Thef1unlisted
investment|represents|a 100%shareholding||in MSC Commercial|Limited asfollows:||
|||||||Capital and|
|||Class of|56|ofShares
Nature of||Resenres atS1|
|||Shares Held||Held
Business||March 2021|
|MSCCommercial
Limited||Ordinary||100|Bar||
|9. Tangible fixed assets|||||||
|Cost||At1Apr 20
f||Additions
f
Disposals
f||At 31Mar 21f|
|Land and Buildings||683,951||||683,951|
|Land Improvements||353,404||44,770||398,174|
|All-Weather
Pitch Carpet||132,888||||132,888|
|Pitch and Court Equipment||117,072||||117,072|
|Fixtures, Fittings and Equipment||33,516||||33,516|
|||1,320,831||44,770||1,365,601|
|Depredation|||||||
|Land and Buildings||67,698||2712||70,410|
|Land Improvements||66,623||7,800||74,423|
|All-Weather
Pitch Carpet||113,435||13,284||126,719|
|Pitch and Court Equipment||40,S23||5,628||46,451|
|Fixtures, Fittings and Equipment||33,515||||33,515|
|||322,094||29,424||351,518|
|Net book value||998,737||15,346||1,014,083|
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||||2021f|2020f|
|---|---|---|---|---|
|Gift Aid|Claim||5,000|11,488|
|Amounts|due from subsidiary|undertaking|6,288|34,229|
|Other Debtors|||7,688|20,075|
||||18,976|65,792|
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||||f|f|
|Hockey Sinking Fund|||||117,008|159,505|
|Cricket Development|Fund||||2,881|365|
||||||119,889|159,870|
|12.Creditors: amounts||falling due within||one year|||
||||||2021|2020|
||||||f|f|
|Bank Loan||||||28,000|
|Other Loans|||||31,589|6,589|
|Other Creditors and|Accruals||||12,590|6,250|
||||||43,879|40,839|
|1$.Creditors: amounts||failing due after||more than one year|||
||||||2021|2020|
||||||f|f|
|Bank Loan||||||71,000|
|Other Loans|||||140,397|124,397|
||||||140,397|195,397|
|14.Net Borrowings|||||||
||||||2021|2020|
||||||f||
|Secured Loan||||||99,000|
|Unsecured
Loans|||||171,986|130,986|
|Cash at banks (excluding||amounts|matching|sinking funds)|(60,389)|(34,441)|
|Net Borrowings|||||111,597|195,545|
|et borrowings
for the charit|able
company are summ|arised
as follow|s:||
|---|---|---|---|---|
||Repayable|Repayable|Repayable||
||in|In|In||
||1year|2years
f|3+years
f|Total
f|
|Unsecured
i.oans|31,589|30,397|110,000|171,986|
|Cash at banks|(60,389)|||(60,389)|
|At31March 2021|(28,800)|30,397|110,000|111,597|
|At31March 2020|148|28,397|167,000|195,545|
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|31stMarch 2021asfo|llo|w|s:||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Amount|Owing||
|||||||||||2021||2020|
|Name|||||Legal Authority|||||f||f|
|John Albert Fordham|||||Private Individual|||||||24,000|
|JA Fordham
gave a personal||||guarantee
in favour of the|||charitable||company's
bankers|||for any|
|outstanding
amounts|that the|||charitable
company
does not honour
during the term of||||||||the Bank|
|Loan- as noted previously,|||the|bank loans were repaid on4March||||2021and Mr Fordham's||||personal|
|guarantee
was released.|||Whilst Mr Fordham's|||personal guarantee||was|in|place, he held a||first fixed|
|charge over the charitable|||company's
land -this charge has||||been|released since the|||year|end.|
|The Trust has arranged||insurance|||to protect itself from loss||arising|from the neglect,|||or defaults of||
|its directors and employees.|||||||||||||
|||||||||||2021||2020|
|||||||||||f|||
|Directors, officials and||employees'|||Indemnity|insurance||||375||343|
|Notrustees received any|||remuneration
during|||the year.|||||||
|16.Nlovement
In funds|||||||||||||
||||||At|Incoming|Outgoing|||Transfers||At|
|Restricted Funds:|||||1Apr 20
f|Resources
f|Resources||||f|31Mar 21
f|
|MSC Fundraising
s|||||597,407|4,091|(28,070)|||12,000||585,428|
|EHB —All-Weather
Pitch|||||14,000|||||(12,000}||2,000|
|Fixed Assets Fund|||||39,866|||||44,770||84,636|
|Hockey Sinking Fund|||||159,505|25,699|(23,426)|||(44,770}||117,008|
|Cricket Development
Fund|||||365|2,516||||||2,881|
|Total restricted funds|||||811,143|32,306|(51,496)|||||791,953|
|Unrestricted
Funds:
General funds '|||||211,462|105,451|(72,816}|||||244,097|
|TOTALFUNOS||||3,373,633||137.737|(134.313)|||||1,036,050|
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|||Fixed|Current|Llabgities|Inter Fund|Total|
|---|---|---|---|---|---|---|
|||Assets|Assets||Balance||
|||E||E|E|f|
|Restricted funds||943,463|119,889|(171,986)|99,413|791,953|
|Unrestdcted|funds|70,621|86,353|(12,290)|(99,413)|244,097|
|||1,014,084|206,242|(184,276)||1,036,050|
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