Treasurer's Report from Sarah Thomas – AGM 7[th] February 2024
Please see appended Financial Report accounts to 30[th] September 2023
Notes:
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This year we have seen an increase in the remaining bank balance after expenditure.
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This is largely due to 60[th] do ticket sales being paid in through Stripe (card payments) and the invoice for the do (£4310) being paid after the end of the accounting period.
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Training costs have been our highest expenditure for the following reasons
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We paid £8248 to Fontygary pool which represented invoicing they failed to send us for 2021 & 2022. They continue to be slow in billing us no matter how much we chase!
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Nipper & Junior camps were running again last year following a 2 year break due to Covid - Nippers £2300 Juniors £2600
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Increase in Cogan pool hire costs (winter 2022/23)
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We purchased a Defib for outside the clubhouse & a second hand ski
We ended the year with just over £25,000 on deposit and £8300 in the current account. (Due to the 60[th] ticket sales mentioned above)
Thanks to Gethin who raised £3590 through gift aid from HMRC.
Thanks to Sarah T for the Lloyds Bank match funding of £1250.
We received £500 from the Welsh Surfing Federation for use of the clubhouse and facilities for their event.
We received £1000 from the Charities Aid Foundation.
Thanks to the Masons for their donation of £200.
Thanks to the social committee we raised £518.65 from the Easter Egg Hunt with special thanks to Andy Wiggins of Vale Car & Van Rental who sponsored the event with £100 for eggs
The accounts are to be audited and presented to Charity Commission.
Llantwit Major Surf Lifesaving Club
| Income and Expenditure Account For year ended 30th September 2023 Starting balance Income Membership subscriptions Grants & Donations Fundraising Clothing sales Training receipts (Pool subs & Camps) Competition receipts Miscellaneous Other Income Total Income Expenditure Subscription & Affiliation Fees £7,325.61 Clothing purchases £4,737.80 Training (Pool fees & Camps) £18,935.50 Competition entries £4,484.00 Buildings & Fittings Costs £2,132.26 Equipment purchased £2,071.20 Insurances £1,077.29 Trailers £0.00 Boat £0.00 Miscellaneous & other expenses £2,902.86 Total Expenditure Excess of Income/(Expenditure) |
2022/2023 £29,375.45 £14,759.19 £5,856.90 £2,048.70 £4,413.21 £8,042.06 £6,835.81 £7,350.51 78,681.83 £ 3,228.50 £ 2,587.79 £ 4,460.75 £ 3,491.00 £ 766.28 £ 1,938.68 £ 996.65 £ 717.81 £ - £ 1,954.29 £ 43,666.52 £ £35,015.31 |
2022/2023 £29,375.45 £14,759.19 £5,856.90 £2,048.70 £4,413.21 £8,042.06 £6,835.81 £7,350.51 78,681.83 £ 3,228.50 £ 2,587.79 £ 4,460.75 £ 3,491.00 £ 766.28 £ 1,938.68 £ 996.65 £ 717.81 £ - £ 1,954.29 £ 43,666.52 £ £35,015.31 |
2021/2022 26,743.45 £ 14,224.62 £ 2,398.75 £ 99.79 £ 2,235.77 £ 224.72 £ 2,629.90 £ 960.20 £ 49,517.20 £ 1,354.36 £ 1,114.49 £ 979.40 £ - £ 7,141.60 £ 482.58 £ 962.36 £ 226.74 £ - £ 184.94 £ 20,141.75 £ £29,375.45 |
2021/2022 26,743.45 £ 14,224.62 £ 2,398.75 £ 99.79 £ 2,235.77 £ 224.72 £ 2,629.90 £ 960.20 £ 49,517.20 £ 1,354.36 £ 1,114.49 £ 979.40 £ - £ 7,141.60 £ 482.58 £ 962.36 £ 226.74 £ - £ 184.94 £ 20,141.75 £ £29,375.45 |
2020/2021 22,872.98 £ 9,682.51 £ 1,050.00 £ 4,124.19 £ 981.95 £ 390.34 £ 54.00 £ 33.95 £ 39,189.92 £ 1,956.34 £ 2,044.30 £ 3,644.35 £ 2,865.00 £ - £ 2,070.42 £ 1,184.40 £ 40.00 £ - £ 1,486.26 £ 12,446.47 £ £26,743.45 |
2020/2021 22,872.98 £ 9,682.51 £ 1,050.00 £ 4,124.19 £ 981.95 £ 390.34 £ 54.00 £ 33.95 £ 39,189.92 £ 1,956.34 £ 2,044.30 £ 3,644.35 £ 2,865.00 £ - £ 2,070.42 £ 1,184.40 £ 40.00 £ - £ 1,486.26 £ 12,446.47 £ £26,743.45 |
2019/2020 16,543.36 £ 9,534.08 £ 6,936.31 £ 644.72 £ 465.93 £ 118.00 £ 2,830.64 £ 1,091.01 £ |
|---|---|---|---|---|---|---|---|
| 2022/2023 £29,375.45 £14,759.19 £5,856.90 £2,048.70 £4,413.21 £8,042.06 £6,835.81 £7,350.51 |
2021/2022 26,743.45 £ 14,224.62 £ 2,398.75 £ 99.79 £ 2,235.77 £ 224.72 £ 2,629.90 £ 960.20 £ |
2020/2021 22,872.98 £ 9,682.51 £ 1,050.00 £ 4,124.19 £ 981.95 £ 390.34 £ 54.00 £ 33.95 £ |
|||||
| 78,681.83 £ |
49,517.20 £ |
39,189.92 £ |
38,164.05 £ |
||||
| 43,666.52 £ |
20,141.75 £ |
12,446.47 £ |
15,291.07 £ |
||||
| £35,015.31 | £29,375.45 | £26,743.45 | £22,872.98 | ||||
| Balance Sheet As at 30th September 2022 Assets Cash in Lloyds Bank current account Cash in Lloyds Bank savings account Cash in Nat West current account Cash in Nat West savings account Total Assets Liabilities Balance B/Fwd Total Liabilities |
£8,340.12 £15,092.69 £1,464.47 £10,118.03 |
1,334.46 £ 15,002.76 £ 3,020.47 £ 10,017.76 £ |
5,584.60 £ 10,000.40 £ 1,147.10 £ 10,011.35 £ |
2,416.36 £ 9,495.91 £ 950.35 £ 10,010.36 £ |
|||
| £35,015.31 | £29,375.45 | £26,743.45 | £22,872.98 | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | ||||
| £0.00 | £0.00 | £0.00 | £0.00 | ||||
Misellaneous Income
| Misellaneous Income | ||||
|---|---|---|---|---|
| 2022/23 2021/22 2020/21 2019/20 |
||||
| Bank CR Interest | £190.20 | £8.77 | £1.95 | £13.01 |
| Bank refund(D/D error) | £170.00 | |||
| Sale ofpaddles | £40.00 | |||
| Whitmore Baycoachpayment | £1,048.98 | |||
| Unknown | £50.00 | |||
| Christmas Do(Golf Club),NYE & Juniors Bowling | £1,028.00 | |||
| Payment error | £38.75 | £32.00 | ||
| Card machine testpayment | £0.98 | |||
| Aquapark eventpayments | £650.61 | £660.15 | ||
| BBQeventpayments | £120.30 | |||
| NipperQuasar event | £366.44 | |||
| 60th Do | £5,015.53 | |||
| TOTAL | £7,350.51 | £960.20 | £33.95 | £1,091.01 |
Miscellaneous Expenditure
| Miscellaneous Expenditure | ||||
|---|---|---|---|---|
| 2022/23 2021/22 2020/21 2019/20 |
||||
| Medals & Trophies | £866.35 | £432.30 | £229.73 | |
| Flowers/Presents/Auditor Fee | £39.99 | £155.00 | ||
| Food- nipper events/trainingday/fundraising | £36.95 | |||
| Farmerspantryfoor for NYE | £171.00 | |||
| Wreath - remembrance | £25.00 | £25.00 | £25.00 | £25.00 |
| Website | £180.00 | £90.00 | ||
| Cash Exchange(coin for float) | £55.00 | |||
| St Athan Golf Club room hire | £150.00 | £300.00 | ||
| Juniors BowlingChristmas Do | £344.04 | |||
| Gift for EmilyMcDonagh | £21.50 | |||
| Trailer Petrol for Goffer | £50.00 | |||
| Sum UpCard Machine | £1.00 | |||
| Fireworks for NYE | £134.99 | |||
| Refundpayment error | £38.75 | £32.00 | ||
| Amazon Smile Test | £0.99 | |||
| RAC D/D Error | £170.00 | |||
| MyClubhouse fee | £384.00 | |||
| Aqua Park event | £629.00 | £675.00 | ||
| Stripe cardpayment(refunds) | £47.00 | |||
| Egghunt costs | £201.93 | |||
| NipperQuasar | £348.00 | |||
| Sandhopperpayment error | £60.00 | |||
| 60th Do Expenses | £583.83 | |||
| £2,902.86 | £1,954.29 | £184.94 | £1,486.26 |
NOTES
| NOTES | |
|---|---|
| Income - Grants, Donations & Fundraising: - | |
| Gift Aid claim | £3,590 |
| Welsh Surfing Federation | £500 |
| Lloyds Bank Foundation | £1,250 |
| Charities Aid Foundation | £1,000 |
| LM Freemasons | £200 |
| Expenditure - Equipment, Training costs:- | |
| Defib | £503 |
| Ski (from Penybont) | £250 |
| Fontygary - 2021/22 annual pool hire | £8,248 |
CHARITY COMMISSION FOR ENGLANO MO WALES Independent 8xamlnerf8 report on the accounts Sectioi) A Ii)dei)eii(loiit Examiiicr's Report Roport to thè Irugt8•• Chèdty Nin4 Llantrwlt Major Surf LllesavlNJ Club On *ccount• for tho year •nd8d 30 Soptembor 2023 Charlty no {If any) 1148123 8ot out on pAg•• (romet))l lolft¢lth Ihe p8p¢ nvmbws ol oddFlknal she8) I report to the tfuslees on my examlnatlon of the a¢counts of the abova ¢herfty ftha Trusf) for tha ye8r ended 30 Séptember 2023. A8 tho charity's trustees. you are re8ponsibl8 ft>r the preparatlon of Ihe 8ccount8 In a¢cordanca wfth th8 requlTemenis ol the Charitles Act 2011 (h8 Act.). I rèport In respect of my examlnauon of the Trusvs account8 carried out under sectlon 145 of the 2011 Act and In calrylng out my examln8flon, I hav8 followed all the appllcabla Dlre¢tlon8 gtven by the Charfty Cornml8slon under sectlon 145(51(b) of tho Act. Re8pon8lb1lltl and bash of rèport Independent I havg completed my examlnsllon. I conllnn that no rnaterlol matters hav8 examlnerfs statement coma to my 8tt6ntlon In conne¢tlon wlth the examknatlon whlch glves m8 Cause to belleva that In, any malerlal r8spe¢L th8 8ccounling record8 ware not kept in accordance vAth 88Ctlon 130 of the Charltles A¢t; or Ihe accounlg dld nol aOrd th the acoountlng record8." or the accounts dld not ¢omply with the applicable requli8ments conceming the form and content of accounts Sat out in the Charltle8 (Accounts and Reports) Regulations 2008 other than any requirement that the accounts glve a 'true and falrf vlew whlch18 not a matter conslderad as part of an independent examination. I have no conc8ms and havè come across no other matters In connectlon wifh tha examinatlon to vthich attention should be drawn in this report In order to enable a propar understandlng of th8 accounts to be raached. Slgned.. Datè: 314-1 Namo: Relavant prof08slonal quallflcatlon(s) or body (If any): IFA, FCCA, FMAAT Addr688: Accounted For Ltd Unlt 2 Riverbrldge Buslne88 Centr8. Rhymnoy Rlver Bridg6 Road Cardlff, CF23 gFP IER Oct 2018
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CHARITY COMMISSION FOR ENGiAND AND WALES Chorlty Nomo Ll•nlwll M•Jor8vrf Lllu•vlny Club (tf ony) 1140123 Recel ts and ments accounts CC16a F¢rlh8 p•rfod lffjm P•rfod 81011 dfiie 0111012D22 Poilod Llnd dalè 30NW2023 To Sectioii A Receipts aiid payinents Unr••trl¢t•d fund• R•¥trlot•d lund• loth• nMM•iÉ Endowm#nt lund• Tot•1 fund• L••tyHv to th• nMr••l loth• n•irn81£ tp th• n••mt£ AIR• 14 20 91 loo 1> 13 042 224 Sub to1{G$S Inwmo lor :::.... 4PAO8 r4,n4 A2 A¥Bètand Inv•8tmonl •ale•, 8•• tsble . Sub total 21774 Total rn¢ts '.. 49,908 A3Pa m•nl8 81 768 1.077 718 1JS4 Tr•le Sub total 41.69J. A4 A8#et ond Inve•tment purchi•u. (8ts table) 071 .9J# Sub total 43,660 20.142 640 6,640 2,OJ2 N•t olrncelpts/(paymentsJ A6 Tran•f•r• b*l0Th fund8 A6 Ca•h fund•1o•tyoor ond Cmh funds thls ye8rond 29,37B 20.743 29,870 30.010 2W024 ¢¢XX Rl •¢•wrts <88)
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