## **Finance Report to AGM for Financial Year End 31.08.2022** 

## **Registered Charity No. 1154212** 

2021-22 was another positive year for the COGS Charity, with significant progress made on key areas, especially around the construction of the COGS pavilion building. This was in spite of the latter stages of the national impact of the Covid-19 pandemic still being felt across the High Peak. 

The committee decided again not to hold the annual field day in 2022 whilst progress was made  on the  construction  of the pavilion.  Following the  initial planning  stages, undertaken during 2019-20, and the appointment of JP Construction & Joinery Ltd as the preferred supplier in 2021-22, work commenced in October 2021. Continuing through 2021-22 the building phase entered the final stages towards the end of this financial year, with some minor works required to complete. 

COGS started the year with a cash balance of just under £26k and at the year end the closing balance was just under £16k. The prior year accounts for 2020-21 were agreed in year and submitted to the Charity Commission within the required deadline. 

## **Income** 

Income received throughout the year amounted to £186k and was received from several different sources, as the COGS Committee worked in partnership with our funders in order to maintain an appropriate level of cashflow to support the building phase of the project. 

Income received during the year can be broken down as follows: 

||Income||
|---|---|---|
|**-**|Football Foundation|£22,664|
|**-**|WBTC|£10,000|
|**-**|Derbyshire Environmental|£50,000|
|||£101,00|
|**-**|DCC|0|
|**-**|Football Subscriptions|£1,060|
|**-**|Donations|£252|
|**-**|Fundraising|£1,000|
|||£185,97|
||Total|6|



## **Expenditure** 

The most significant area of spend during 2021-22 related to the build stage of the project, with just under £190k paid to JP Construction & Joinery Ltd during the year. This expenditure funded the majority of the construction of the pavilion building. 

Under  the  terms  of  the  grant  received  from  Tarmac,  we  were  required  to  make  a contribution, this is shown in the analysis below - £2.5k. Other expenditure during the year included payments for grounds maintenance, planning fees to High Peak Borough Council, reimbursement for electricity used during the build from a local resident and our annual insurance premium. 

||Expenditure||
|---|---|---|
|**-**|Grounds Maintenance|£723|
|||£188,73|
|**-**|Building Costs|3|





|**-**|Fees|£2,562|
|---|---|---|
|**-**|Grant Contribution|£2,466|
||Electricity||
|**-**|Reimbursement|£1,000|
|**-**|Insurance|£711|
|||£196,19|
||Total|5|



Additional points to note, which support the current financial position, are as follows: 

- Significant progress has been made on the build stage of the project in-year and successful delivery of a completed pavilion building was achieved shortly after the financial year end 2021-22. 

- The local primary school and football club have continued to actively use the field for sport and recreational activities throughout the year. 

- Other local football and sports clubs have also utilised the facilities during the financial year, and this is expected to grow as the building is completed and marketing of the facility is progressed during 2022-23 

- An official opening ceremony will take place at a date to be agreed in 2023, once the final defects have been corrected and the building is operational. All stakeholders and supporters who have been involved in the project will be invited, along with press and community groups, to celebrate the completion of this significant phase in 2022-23. 

Any questions in relation to this report or other financial matters related to the operation of the charity can be directed to Andrew Wild COGS Treasurer, who will provide further clarity if required. 

Andrew Wild COGS Treasurer 13[th] June 2023 



Annex I
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£15,535.21
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£15.535.21 Bark state￿ 31.(A.2(J22
£O.(K) CTr￿k

## **COGS Annual Financial Statement 2021-2022** 

|Date|Receipt Reference|Bank|
|---|---|---|
|10/08/2021|FP1 Derbyshire Environment|£50,000.00|
|10/15/2021|WBAFC|£260.00|
|10/22/2021|FF Grant BGC|£3,000.00|
|11/01/2021|DCC BGC|£50,000.00|
|11/19/2021|FF Grant BGC|£3,000.00|
|12/06/2021|FF Grant BGC|£3,600.00|
|12/10/2021|BGC Donation|£20.00|
|01/17/2022|FP WBTC Grant|£10,000.00|
|02/04/2022|FF Grant BGC|£3,600.00|
|02/11/2022|DCC BGC|£50,000.00|
|02/21/2022|BGC Donation|£20.00|
|03/07/2022|FF Grant BGC|£3,600.00|
|03/22/2022|BGC Cofee Morning??|£1,000.00|
|03/23/2022|DCC BGC|£800.00|
|03/31/2022|FF Grant BGC|£3,600.00|
|04/12/2022|BGC Donation|£100.00|
|04/29/2022|DCC BGC|£200.00|
|05/10/2022|BGC Donation|£20.00|
|05/11/2022|BGC Donation|£5.00|
|05/16/2022|BGC Donation|£6.50|
|05/23/2022|BGC Donation|£20.00|
|05/25/2022|BGC Donation|£20.00|
|05/30/2022|FVFC|£300.00|
|05/30/2022|BGC Donation|£20.00|
|05/30/2022|BGC Donation|£20.00|
|06/12/2022|WBAFC|£300.00|
|06/23/2022|FVFC|£200.00|
|08/12/2022|FF Grant BGC|£600.00|
|08/17/2022|FF Grant BGC|£1,664.00|
|Total||£185,975.50|



09/01/2021 Balance Bfwd £25,754.98 Receipts £185,975.50 Expenses -£196,195.27 08/31/2022 Balance Cfwd £15,535.21 



|Date|Detail|Bank||
|---|---|---|---|
|10/05/2021|000121|£321.94|**-**|
|10/05/2021|FP JP Construction|£25,000.00|**-**|
|11/11/2021|FP JP Construction|£25,000.00|**-**|
|11/30/2021|FP JP Construction|£30,000.00|**-**|
|11/30/2021|FP Les Footitt|£35.00|**-**|
|11/30/2021|FP Terry Watson|£35.00|**-**|
|12/29/2021|FP Access insurance|£546.80|**-**|
|01/17/2022|FP JP Construction|£30,000.00||
|01/24/2022|000122|£2,240.05||
|02/08/2022|FP Electricity NW|£5,953.22||
|02/09/2022|FP UU|£206.00||
|02/18/2022|FP JP Construction|£30,000.00||
|03/15/2022|FP JP Construction|£30,000.00||
|05/18/2022|FP Access insurance|£164.51||
|05/26/2022|FP Terry Watson|£72.00||
|06/06/2022|FP Signs Made Here|£120.00||
|07/01/2022|FP GC Ltd|£600.00||
|07/05/2022|FP Tarmac Trading|£2,465.78||
|07/14/2022|FP KT O'Brien|£1,000.00||
|07/20/2022|FP JP Construction|£10,000.00||
|07/21/2022|FP Drinkwaters|£567.38||
|08/05/2022|FP Les Footitt|£581.09||
|08/05/2022|FP AN Stead|£1,000.00||
|08/05/2022|FP J Gregory|£286.50||
|Total||£196,195.27||
|£185,975.50||||
|£15,535.21|£0.00|||
|£15,535.21|Bank Statement 31.08.2022|||
|£0.00|Check|||





|Income||Expenditure|
|---|---|---|
|Football Foundation|£22,664|**-**Grounds Maintenance|
|WBTC|£10,000|**-**Building Costs|
|Derbyshire Environmental|£50,000|**-**Fees|
|DCC|£101,000|**-**Grant Contribution|
|Football Subscriptions|£1,060|**-**Electricity Reimbursement|
|Donations|£252|**-**Insurance|
|Fundraising|£1,000||
|||Total|
|Total|£185,976||





e 

£723 £188,733 £2,562 £2,466 £1,000 £711 

£196,195 



## 

|Report to|the trustees/<br>membersof|the trustees/<br>membersof|-~'•,<br>,e<br>FurnessValeCOG's|
|---|---|---|---|
|On accountsforthe year|||31<br>51August2022<br>**Charityno**<br>1154212|
|||ended|(if any)|
|Setouton**pages**||||
||||eremember:oir.cludcthepager.umbersorJdd-!11>11.11shtx:s|
||||I reporttothetrusteesonmy examination oftheaccountsoftheabove|
||||charity ("theTrust') fortheyearended31/08/2022.|
|**Responsibilitiesandbasis**<br>**ofreport**|||Asthecharity trustees oftheTrust,youareresponsibleforthepreparation<br>of the accountsinaccordance withtherequirementsoftheCharitiesAct|
||||2011('theAct').|
||||I reportinrespect ofmyexaminationoftheTrust'saccountscarried out<br>under section145ofthe2011Actandincarryingoutmyexamination, I|
||||have followedtheapplicableDirectionsgivenbytheCharityCommission|
||||under section 145(5)(b) oftheAct.|
|**Independent**<br>**statement**|**examiner's**||thave completed myexamination. 1 confirm'!hatno material matters have<br>cometomyattention (otherthanthatdisclosedbelow*)inconnection with<br>theexaminationwhichg_ivesmecausetobelievethatin,an~material|
||||respect:<br>• accountingrecordswerenotkeptinaccordancewithsection130ofthe|
||||Act or|
||||•theaccountsdonotaccordwiththeaccountingrecords|
||||I have no99nc;em~angh11v~99m{lacr9ssnooth~rm11tt~~inconn{l~jion|
||||withtheexaminationtowhichattentionshouldbedrawninordertoenable|
||||a proper understanding oftheaccountstobereached.|
||||•_Please deletet~wordsinthebracketsiftheydonotapply._|
|||**Signed:**|_I_**_A_**<br>**_A_**_I//_<br>_I_<br>_I_<br>_Jlhf~J)h.._· _<br>**Dale~ **_.rJ,/J,1))-3 _<br>I|
||||-<br>**/J**<br>_I_<br>-|
|||**Name:**|_yYvtf'A"IA£'-_<br>_I{U,11.-eI _|
|**Relevant professional**||||
|**qualification(s) orbody(if**||||
|||**any):**||
|||**Address:**|_.J..- I_**r/cW****_l'~Ol'MJ_**|
||||W_h_A-L~_-I7)01J\L ;::_|
||||_{-/II_**_1-1f/;:=A1t_**<br>_C K)..3i -v"C . _|
|**SectionB **||**Disclosure**||
||||Only complete iftheexaminerneedstohighlightmattersofconcern(see<br>CC32,Independentexaminationof charityaccounts:directionsand|
||||guidanceforexaminers).|
|IGive**here brief detailsof**||||
|**anyitemsthatthe**||||
|**examinerwishesto**||||
|**disclose.**||||