| LEGAL AND ADMINISTRATIVE DETAILS.. |
|
|---|---|
| TRUSTEES' REPORT. | |
| INDEPENDENT EXAMINER'5 REPORT. | |
| STATEMENT OF FINANCIAL ACTIVITIES | |
| BALANCE SHEET. | |
| NOTES TO THE FINANCIAL STATEMENTS. | 10 |
| 2023 | 2022 | |
|---|---|---|
| E | E | |
| INCOMING RESOURCES FROM OPERATIONS |
||
| Membership Subscriptions |
6,468 | 5,346 |
| Gift Aid Recoverable | 2,893 | 10,330 |
| Table Money | 42,514 | 34,849 |
| Donations | 30,727 | 5,328 |
| Grants Received | 8,200 | |
| Room Hire /' External Events | 837 | 178 |
| Other income —Electric Charge Point | 220 | |
| TOTAL INCOMING RESOURCES FROM OPERATIONS |
83,459 | 64,231 |
| RESOURCES EXPENDED ON OPRERATIONS | ||
| Charitable Activities: |
||
| st~4e&charges | 3,492 | k.,7M |
| Insurances | 2,681 | 2,282 |
| Utilities | 3,505 | 3,749 |
| Rent (Holgate Road) | 2,000 | |
| Repairs and maintenance | 46 | 842 |
| Housekeeping | 4,994 | 2,640 |
| EBU (re table money) | 4,671 | 8,229 |
| Stationary and printing |
247 | 455 |
| New and replacement equipment |
4,974 | 8,924 |
| Competition fees and sundries |
503 | 347 |
| Club Events | 199 | |
| Service contracts ancl subscrlptions | 1,265 | |
| Acomb Sports Club | 2,361 | |
| Professional fees | 650 | |
| TOTAL RESOURCES EXPENDEO ON OPERATIONS | 29,498 | 32,202 |
| TRANSFERS | ||
| Leasehold Amortisation | 14,859 | |
| Depreciation offixed assets | 596 | |
| ASC leasehold amortisation |
500 | |
| ASC Grounds Reserve |
500 | |
| Loan repayment Reserve |
8,950 | |
| Total | 25,405 | |
| NET RESOURCES AFTER TRANSFERS | 28,556 | 32,029 |
| REVENUE FUNDS BROUGHT FORWARD FROM 1 APRIL | 668,645 | 636,616 |
| TOTAL FUNDS CARRIED FORWARD ON 31MARCH | 697,201 | 668,645 |
| 31March 2023 | 31March 2023 | 31March 2022 | 31March 2022 | |||
|---|---|---|---|---|---|---|
| Note | E | E | E | E | ||
| Tangible Fixed Assets | 4 | |||||
| Long leasehold Property |
732,218 | 723,218 | ||||
| Additions | 10,742 | 9,000 | ||||
| Less: accumulated amortisation |
-14,859 | 0 | ||||
| 728,101 | 732,218 | |||||
| Furniture 5,Equipment |
16,675 | 16,675 | ||||
| Less: accumulated depreciation |
-11.309 | -10,7D | ||||
| 5,366 | 5,962 | |||||
| Intangible Assets |
||||||
| Lease Premium —Acomb Sports Club | 25,000 | 25,000 | ||||
| Less: accumulated amortisation |
-500 | 0 | ||||
| Total Fixed Assets | 757,967 | 763,180 | ||||
| Current Assets | ||||||
| Cash at Bank: | ||||||
| Members money |
8,932 | 6,209 | ||||
| Current account | 33,485 | 47,951 | ||||
| HMRC VAT recoverable | 3,573 | 4,661 | ||||
| Debtors | 5,367 | 2,510 | ||||
| 51,357 | 61,331 | |||||
| less: Current Uabilities | ||||||
| New Build Retention | 0 | 28,427 | ||||
| Member Subscriptions | paid in advance | 245 | 0 | |||
| Accounts Payable | 2,996 | 7,230 | ||||
| Table Money on account | 8,932 | 6,209 | ||||
| Sponsorship | 1,000 | 1,000 | ||||
| Leam Aenimeinbers | 2444 | |||||
| 13,173 | 45,310 | |||||
| Net Current Assets | 38,184 | 16,021 | ||||
| Less: Creditors due over 1Year:- | ||||||
| Loans from members | -89,500 | -110,556 | ||||
| 706,651 | 668,665 | |||||
| Represented by: |
||||||
| Revenue Reserves at 1April 2022 L~Repayfnefit Reserve |
668,645 4,950 |
636,616 0 |
||||
| ASC Grounds Reserve | 500 | 0 | ||||
| Add: Income forthe year | 28,556 | 32,029 | ||||
| 706,651 | 668,645 |
| Loans totalling f113,000were taken out in order to help finance the | Loans totalling f113,000were taken out in order to help finance the | new clubhouse. | Interest | is paid |
|---|---|---|---|---|
| quarterly in arrears at 2/o above the prevailing Bank of England base |
rate. Loans outstanding | include 3from | ||
| Trustees and 2from connected | parties, totalling f30,000 on the same terms. | |||
| Balance at 1April 2022 | ||||
| Long term loans | 91,000 | |||
| Short term loans | 22,000 | 113,000 | ||
| Add: 3further long term loans made during the year |
20,000 | |||
| Less: Repayments during the year |
||||
| Long term loans | (21,500) | |||
| Short term loans | (22,000) | (43,500) | ||
| Balance at 31March 2023 | 89,500 |