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2024-03-31-accounts

BURWELL COMMUNITY SPORTS CENTRE

THE ANNUAL REPORT OF THE DIRECTORS/TRUSTEES FOR THE YEAR, 01/04/2023 -

Charity; Burwell Community Sports Centre Charity Registration Number ; 1147828 Address; Burwell Sports Centre, Buntings Path, Burwell, Cambridge, CB25 0DD

The following directors/charity trustees served throughout the year

Ivan Stiff Martin O’Leary Helen McMenamin-Smith Valerie Rout

The following directors/charity trustees were appointed during the year

Quentin Cooke Flora May Waterhouse

Ivan Stiff stepped down as chair in August 2023. Helen McMenamin-Smith replaced him as chair.

BCSC is a charitable company limited by guarantee. The company number is 07752933. The directors/trustees oversee the management of the sports centre. They employ a manager and several part-time staff to operate the centre. Directors/trustees are recruited locally. A representative of Burwell Parish Council, the minor local authority, attends board meetings in a non-voting capacity. A representative of one of the centre’s largest users, Soham Roller Hockey Club, also attends board meetings in a non-voting capacity.

Activities during the year

We were able to run a full program of activities throughout the year. We appointed a part-time business development manager in June 2023 to work with the manager to bring new bookings to the centre and boost existing activities. This proved to be a successful initiative in generating income for the centre. We improved our use of social media to advertise activities at the centre, while developing a new website. This was also the year when more people returned to indoor sports and exercise activities following the pandemic.

The stay and play sessions for parents and toddlers run by Cambridgeshire County Council grew in popularity. Our badminton coaching sessions for children and teenagers were fully booked. The

Performance Without Limits dance school extended their use of the studio to 17 hours a week during school term-time with a further 4 hours tuition in the sports hall. There have been concerns nationally about teenage girls giving up sport and exercise. At a local level the dance school is addressing that issue as it is very popular with teenage girls. Soham Roller Hockey Club also expanded. The club is family oriented providing coaching to boys and girls from the age of six and running teams and tournaments for different age groups. Our weekly public rollerskating sessions proved to be extremely popular. The number of children’s birthday parties increased.

The floodlit five-a-side football pitch (the astro) was fully booked on weekday evenings during the winter. Several groups of footballers play on the astro throughout the year. The number of those regular weekly bookings have increased, providing a steady stream of income.

Burwell Badminton Club, Burwell Table Tennis Club and Burwell Karate Club continue to thrive at the centre. We have also introduced several new exercise classes. Our Mature and Active exercise sessions for over 55’s, including badminton, Tai Chi and carpet bowls, are well attended.

Financial Report

Turnover for the year was £115623. This is the highest figure of annual earnings ever recorded for the centre, resulting from the popularity and expansion of activities at the centre. Bank interest received amounted to £827. However, expenses increased to £112526, reducing the annual surplus to £3924. Staff costs rose to £53367 from £36962 in 2022/2023. The staff costs for 2023/2024 were 46% of turnover, a reduction of 1% from the previous year. It was the increase in electricity costs from £11586 in 2022/2023 to £20366 in 2023/2024 that dragged this year’s surplus down. We are taking action to reduce electricity costs by changing provider, negotiating a cheaper tariff and replacing fluorescent lighting with LED lighting.

During the year improvements were made to the refreshments area. The carpeting in the foyer was replaced.

The centre operates two reserve funds, neither of which is currently restricted as the funds have been generated from annual surpluses and unrestricted grants. Funds held in the astro reserve account were £30297 at 31/03/2024. Funds in the maintenance reserve account were £38294 at 31/03/2024. The business bank loan carries a fixed rate of interest of 2.5%. The balance outstanding of the loan at 31/03 2024 was £10500.

Other matters

There were no serious incidents at the sports centre No employee earned over £60000 in 2023/2024.

Martin O’Leary Treasurer and a Director of Burwell Community Sports Centre

BURWELL COMMUNITY SPORTS CENTRE Charity reg no 1147828 A company limited by guarantee in England and Wales Company no 7752933 ACCOUNTS FOR THE YEAR ENDED 31/03/2024 PAGE 1

2024
INCOME
£

Total earnings for year
Bank interest received
TOTAL INCOME
LESS EXPENSES
Staff costs
53367
Fees to coaches
4800
Building maintenance
5684
Astro maintenance
1040
Electricity
20366
Heating oil
2723
Insurance
2959
Office and telephone
790
Refreshments
4345
Sports equipment
41
Other equipment
298
Equipment rental
515
Licence fees
789
Cleaning services
7434
Cleaning materials, recycling
and waste collection
1428
Business rates
1035
Water charges
468
Loan interest
324
Card machine charges
1002
Professional fees
135
Professional subscriptions
60
Accountancy
245
Training
120
Travelling expenses
340
Advertising
0
Other expenses
0
Bad and doubtful debts
432
Depreciation
1786
TOTAL EXPENSES
112526
NET SURPLUS FOR YEAR
2024
2023
£
£

115623
827
116450
36962
4744
1657
510
11586
3643
1918
849
773
111
13
874
804
7404
571
1663
153
436
786
113
60
210
170
115
180
94
0
1556
112526
77955
3924
2023
£
78596
102
78698
77955
743

BURWELL COMMUNITY SPORTS CENTRE

Charity reg no 1147828 Company no 7752933 PAGE 2

A company limited by guarantee in England and Wales ACCOUNTS FOR THE YEAR ENDED 31/03/2024

FIXED ASSETS AND DEPRECIATION

Buildings

Cost at 01/04/2023
Less grants received in previous years
Floodlit all-weather pitch
Cost before improvements
Less grants received in previous years
Less depreciation claimed in previous years
Cost of improvements in 2022/2023
Less grant received
Less depreciation claimed previously
Depreciation claimed this year £17214 x 15% =
£
409910
293826
£
409910
293826
116084
127239
109193
18046
18046
0
42214
25000
17214
1148
16066
1148
14918

Depreciation in respect of pitch improvements is to be claimed over a 15 year period

Equipment, furniture and fittings

Equipment, furniture and fittings
Equipment Furniture
Total
& fittings
Rate of depreciation
25%
25%
£ £
Value at 01/04/2023
383
840
Additions this year
0
1328
383
2168
Less depreciation
96
542
Value at 31/03/2024
287
1626
DEPRECIATION FOR YEAR
Floodlit all-weather pitch
1148
Equipment, furniture and fittings
638
Total depreciation this year
1786
£
1223
1328
2551
638
1913
BURWELL COMMUNITY SPORTS CENTRE Charity reg no Charity reg no 1147828 1147828
A company limited by guarantee in England and Wales
Company no 7752933
ACCOUNTS FOR THE YEAR ENDED 31/03/2024 PAGE 3
BALANCE SHEET
2024 2024 2023 2023
£
£
£ £
Fixed assets
Buildings 116084 116084
Floodlit all-weather pitch (astro) 14918 16066
Equipment, furniture and fittings 1913 1223
132915 133373
Current assets
Cash at bank
current account 6308 3331
astro reserve account 30297 29932
maintenance reserve account 38294 38889
Cash in hand 941 325
Debtors 9374 8941
Prepayments 98 94
Stock
refreshments 691 269
heating oil 400 1000
86403 82781
Less
Creditors 5932 2192
Loan 10500 15000
69971 69971 65589 65589
202780 198962
Capital Account
Balance brought forward 198962 198219
Add net surplus 3924 743
Balance carried forward 202886 198962

These accounts and financial statements for the year ended 31/03/2024 have been prepared by the treasurer of Burwell Community Sports Centre, M J O'Leary. He is a director of the limited company and a trustee of the charity.

Independent Examiners Report on the Accounts of Burwell Sports Centre

Year Ended 31 March 2024

The trustees of Burwell Sports Centre are responsible for the preparation of the accounts, and consider that an audit is not required for this year under section 144 of the Charities Act 2011(the Charities Act) and that an independent examination is needed.

It is my responsibility to:

My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosure in the accounts, and seeking explanation from you as trustees concerning 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' view and the report is limited to those matters set out in the statement below.

In the course of my examination, no matter has come to my attention which:

Stuart Hunter FCCA 2 The Leys Burwell Cambridgeshire CB25 0DZ

Dated: 31 July 2024