## **Treasurer's Report from Sarah Thomas – AGM 7[th] February 2024**
Please see appended Financial Report accounts to 30[th] September 2023
## **Notes:**
- This year we have seen an increase in the remaining bank balance after expenditure.
- 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.
- Training costs have been our highest expenditure for the following reasons
- 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!
- Nipper & Junior camps were running again last year following a 2 year break due to Covid - Nippers £2300 Juniors £2600
- Increase in Cogan pool hire costs (winter 2022/23)
- 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
Sect10n B
DisclosuTe
Gfv• h•r• brf•f d•t*fA of
dlsclo••.
Oct2018
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)
Sectioii B St<oineiit of assets aiid licibilities clt tlie ond of the periocl
C•l•gorf
O•t•
fund#
fvnd*
l• n••ft•f È
81 Ca•h fund•
1Q118
41.016
Total H•h fund•
Unv••trlct•d
fund•
R••trlct•d
fund•
fund•
n••ml¢
D•l•ll•
82 Oth•r mon•t•ry o•••t•
Fund lowhl¢h
Cuff•nl v•lu•
D•tall•
Co•tqopUon•
Fundlowhl¢h
D•
B4 A•••ts r*taIn for th•
¢hartty ¢)wn uso
Fund to whlch
Amount du•
lonil
Wh•n
Dgtall•
BO Uablllti
81ortsJtyoA• orts¥otru•lM•on
Dal• ol
8tgnatur
Prfnt Name