Registered Company Number . 07735271 Registered Charity Number . 1144861 Report of the Trustees and Financial Statements for the year ended 31 December 2022 For Shefford Sports & Communlty Assoclatlon Ltd.
Shefford Sports & Community Association Ltd Contents of the Financial Statements For The Year Ended 31st Decèmber 2022 Page Roport of tho Trust••s Indewndont Examlnerfs Report Statement of Flnanclal Activltles Balance Sheol Notes to tho Flnanclal Slatements 8-9 Detalled Statement ol Flnanclal Actlvltles 10
Shefford Sports & Community Association Ltd REPORT OF THE TRUSTEES For The Year Ended 31st December 2022 The trustees, who are also directors of the charity for the purposes of the Companies Act 2006. present their report th Ihe financial statements of the charity for the period ended 31st December 2022 Reference and Admlnlstratlvè Detalls Reglster8d Company nUfflr 07735271 (England & Wales) Reglsterod Charlty numbor 1144861 Reglstored offlce 43 Orchard Way Lower Stondon Henlow Bedfordshire SG16 6NA Trustoss The trustees who held office durlng the year vKre:. GEarf {Secr8tary) R J Hayday- resigned 29 May 2023 S Knight S Moore S J Siarfing STRUCTURE GOVERNANCE AND MANAGEMENT Govornlng document The charity is controlled by its governing document. a deed of trust, and constitutes limited company, limited by guarantee, as defined by the Companies Act 2006 Rlsk managomont The trustees have a duty lo identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Page 2
Shefford Sports & Community Association Ltd REPORT OF THE TRUSTEES For The Year Ended 31st December 2022 STATEMENT OF TRUSTEES. RESPONSIBIUTIES Law applicable to charities in England and Wales require the trustees lo prepare financial stalements fof each financial year vthich gNe a true and fair view of the chariV5 financial activities during the year and of ils financ1 posib'on at the end of the year. In preparing the financial statements gNin9 a true and fair vitiw. the trustees should lolk)w b&st praclice and". al S8l•ct suitable acLountin9 poliues and thèn appty them consislendy. Ibl make judgements and eslimales that aro rea$abl$ 8nd prudent- Icl slate ether applible ACnting Standards have been follo%%Ed. subiècl to 8ny materi81 departur6s disclosed and explained in Ihe finincial $latements.' stale vthether applicable A¢¢ounting Standas and Slatements of Recommendtd Practice have been follo%%d, $ubjo¢t to any departures disclosed and explained in the financièl staleffnts,' lel prepare the linanual staleThN8nls on lh8 going concom basis unless it is inappropriate lo assume that the charity will continue in business. The Iruslees are responslble for keeplng proper a¢counting records Ithich disclose wtth reasonable accuracy 81 any lirne Ihts financial position of the charity and 1¢h enable them to both ascertain the financial position of Ihe charity and ensure that the financial slalemgnls Comply V1h appli¢able law. Thoyara also responsible for safeguarding tht 8Ssels of the charity and hence for 18king responsiblg steps lor the prevention and detectlon of fraud and other irrègularilies. The financial slalemenls have bg¥n prepar1 in accor(lance with the accounting policies 8el out in the notes lo the accounts and comply wlh Ihg charitys 90MIng docuThnl. the Charities Acl 2011 and AcrLJunting and Reporting by Charilios ". Slalemenl of Re¢ommended Practice applicable lo charities preparing their accounts in accordan th the Finanoal Reporling Slandord applicab in the UK published on 16 July 2014. ACHIEVEMENT AND PERFORMANCE The facility is now part ol the community and is used 4 evenings 8 eek by hxol dub$. $u¢h as Slimming World vthile on a weekend il hosts yrulh and adult IcA)tb811 Th& facility is also heavily u$gd lor functions from Friday to Sunday and caters foi all different requesis. Including various ChaTity events during the year. SIGNED ON BEHALF OF THE TRUSTEES G Ead - Trustee Date 2 &1091202J Page 3
Shefford Sports & Community Association Ltd For The Year Ended 31st Dècember 2022 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES l Teport on the accounts of the Trust for the year ended 31st December 2022. whjch+A42 are sel out on pages 6 to 9. R•spoctlvo r•sponslbllStl•s of trust••s and •xamln•r The charity's trustees are also the directors for the purposes of company law. The charitys trustees are responsible for the preparatn of Ihe accounts. The charitls trustees consider Ihal an audit is not required for this year (under section 14412) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is need8d. It is my responsibility to.. examine the a¢unt$ under secton 145 of the 2011 Act.. to follow the procedur6s laid down in the General Directions given by Ihe Charity Commission under s8clion 14515){b} of thè 2011 Act.. and lo stale whether particular matters have come to my attention. Basls of Independent examlnerfs report My examination was carried out in a¢¢ordan¢e wth Ihe General Directions given by the Charity Commission. An examination includes a review of the accounting records kepl by the charity and a comparison of the accounls presented wilh those records. It also includes consideration of any unusual ilems or disclosures in the accounts, and seeking explanations from you as trustees conceming 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 Vie and the report is limited to those matters set out in the statement below. Page 4
Shefford Sports & Community Association Ltd For Tho Year Ended 31st December 2022 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES continued In connection with my examination, no matter has come lo my attention.. (11 which gives rne reasonable Cause to believe that. in any material respect. the trustees have not met the r8quirem8nts to ensure that . proper ac¢ounting records are kept in accordance with section 130 of the 2011 Act; and accounts are prepared vthich accofd viith the accounting erdS and comply th the accounting requirements of the 2011 Ad OR {2} lo whlch, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to b8 reach8d. Graeme Putvis Chartered Accountant Ratio Business Services Ltd 10 Mardley Hill Welwyn Hertfordshire AL6 OTN Dat& . 18th September 2023 Pago 5
Shofford Sports & Community Association Ltd STATEMENT OF FINANCIAL AcnvmES For The Year Ended 31st December 2022 Not•$ Unrnstrlct•d R•$trl¢td Fund Funds Totsl Funds 2022 Total Funds 2021 Incomlng Resource¥ from g•n•rated funds Voluntary income A¢tlvltl•s lor g•n•ratlng funds Bar and f8c*lrties Income 1.500 111.317 111.317 84,750 Incomlng Resourc•• from charltabl• •¢tlvlll•$ Grants recewed 5.232 10.056 15,288 95.523 Barlk Inler8sI TOTAL INCOMING RESOURCES 118.053 10,056 128,105 181,773 R•sourc•8 Exp•nd•d Cost of gen•ratlng funds Cost of goods sold and other ¥13 60,048 60,048 37,947 Gov•manc• Costs 582 582 570 Other r••ourc•# •Xnd•d 66.041 10.015 76.056 69,866 TOTAL RESOURCES EXPENDED 126.671 10,015 136.686 108,383 Alet In¢omlnW(OutgOln R•$our¢•s b•for• tr•nslers 18.618) 41 18.5771 73.390 Gross transfers behveen funds 41 41 N•t Incomlng/(Outgolng} R•80ur¢•$ 18.577) 18.5771 73,390 Total Fund¥ Brought Forward 30.419 1.074.820 1.105,239 1.031,649 Total Funds Carrl•d Forward 21,842 1.074,820 1,1196.662 1,105,239
Shefford Sports & Communlty Association Ltd BALANCE SHEET At 31st December 2022 At 31st Dec 2022 At 31st Dec 2021 Notes Flxed Assets Tangible assets 1.074.820 1.074.820 Current Assets Cash and bank Debtors Stock 20.213 870 26,063 3,530 23,083 31.593 Credltors: amounts falllng due wllhln one year (1,241) 11,174) Not Curront Assets 21.842 30,419 TOTAL NET ASSETS 1,096.662 1,105,239 FUNDS Unreslricled funds Restricted funds 21.842 1,074,820 30,419 1.074,820 TOTAL FUNDS 1,096,662 1.105.239 These financial statèments were fomally approved and adopted by the Trustees. GEa Trustee Date A/0 ?/202J The notes on pages 8 and 9 fom part of these financial stalemenls Page 7
Shefford Sports & Community Association Ltd Notes to Ihè Financial Stat8m9nts For Th8 Year Endod 31st De¢•mb•r 2022 1. ACCOUNTING POLICIES ountlng contIon The financial statements have been wepared under the histiyical cost convention and in accordance with applicable accounting standards, the Statement of Recommended Practice on Accounting and Reporting by Charities (SORP FRS 1021 and the Charities Act 2011. Incoming resources All incoming r8sources are included on the Statement of Financial Activities en the charity is legally entitled to the incom8 and the amount can be quanirfied reasonable accuracy. R•$ourc•¥ ?xpond•d Expenditure is inclijded on an accruals basis as soon as there is a legal or construclive oblallOn committing the charity lo pay out resource5. Tax#tlon The ¢harily is exempt from corporation tax on it$ tharitsbb activit$. Fund accountlng Unrèslri¢d fund$ can h used in a¢¢ordan¢e wth the ¢harttable obiecllves al the discretion of the tru$tee$, Reslricted funds can only be used for parkncular restricted purposes wthin the objects ol the charity. Restrictions anse %then specified by the donor or when funds are raised for paiticular restricted poSes. 2. TANG18LE FIXED ASSETS Fixlures and Land and Filtings 8uildings TOTAL COST Brought foThvard Additions 17.620 1,074.819 1,092,439 Al 31st December 2022 1074.819 1092 439 DEPRECIATION Brou9hl forward Charge 17.619 17.619 Al 31st December 2022 NET BOOK VALUE At 31 sl December 2022 1.074.819 1.074,820 At 31st December 2021 1.074,819 1.074.820 P•Je 8
Shefford Sports & Community Associalion Ltd Not•s to th• Flnanclal Stat•m•nts contlnu•d For Th• Year Ended 31st December 2022 4. CREDITORS.. l•llrffj du• wNhln 4xw 31*42 31Q•G41 A¢¢rual8 1241 1.174 1341 S. MOVEMENT IN FUN08 At 31 Dec 2021 N•t )vomont in funds TrSIr8 btheen At 31 Dec 2022 Unrnstrlcl•d lund• Genaral 30.419 18,6181 41 21.842 R••trlct•d funds Capitsl projo¢ts 1,074.820 41 {411 1,074,820 1,105,239 1,096,662 Nol mov•menl In lund8. I11<1 In lh¢ ab arg as foytsws". Incornlrvd Resoure•s Expended Mov•m•nt in fvnds Unr•strbct•d funds General fund 118.053 126.671 18,6181 R••trl¢t•d lund• Prt¢h renovation 10.056 10,015 41 128.109 136.686
Sheffofd Sports & Community AssocSation Ltd D•tall•d Stst•ffl•nt of Flnanclal A¢ll¥•0 For Th• Y•ar End•d 31st D•G•mb•r 2022 INCOMING RESOURCES Vduntary lfiGom• M8mbership Fees Actlyttlm torg•n•rnllnq lund• PAI And Food TakkThgs F8ty11ts95 Hii• Pilth Hi FunGIKJn irt Advertising boards kliscellaroyS Incorne .572 75 8.673 5.692 51.427 9.760 12.245 1.722 4.015 9.596 84.750 Ih¢omlmg r•MurtH fr•m tlbI& •¢llvlil•• Gr8DtB 5232 10.056 .523 Tot•1 In¢¢Mnlrw R••our¢ 118.053 10.056 181.773 RESOURCE$ EXPENDED C•st• •1 q•r+•f•tlng fund• Cost d9OOdS Idd. bar and f¢•d Funcllon cos18 8t4lfco 39.667 4.241 16.140 22.864 6.331 8.752 37.947 A¢couni•ncy 570 570 Mn•9•m•nt Grounds & m11norKe R•palrs Bnd malnt•nanc• Fatyllly m8nauam8nt Cleaning 19.819 9.466 12.rxji 10.015 20.336 11.888 12.000 3.421 10.371 1.8 3.029 I.2 Wosie d18Kl In8uranc• CBrd machme c05 StalKJTr¢ry. wnling and Saieiliienvrr•phth Advertlsing boards EquprThènt D)Ats MI8¢8ILqrwu$ 2,601 1.100 658 1272 907 2.270 275 e6.041 10.015 FIMnc• Bank dwB Total r•souvE•• •Ap•nd•d 1.671 10.015 108.383 Il•¢ IL•syln¢•r •.610 41 PsE I