Newcastle Fencing and Sports Trust
Trustees Report & Accounts 2023
| Charity Number: | 1154687 |
|---|---|
| Company Number: | 08696113 |
| Address: | The Fencing Centre, |
| Unit B3, Benfield Business Park, | |
| Benfield Road, | |
| Newcastle upon Tyne, | |
| NE6 4NQ | |
| Website: | https:/www.newcastlefencingsportstrust.org |
| Executive committee: | |
| Chair: | John Dickson |
| Treasurer: | John Dickson |
| Child protection officer: | Jacqui Dixon |
| Trustees: | Paul Counter |
| John Dickson | |
| John Hucker | |
| Heather McGrath | |
| Mike Row | |
| Head Coach: | Iain Aberdeen |
Aim and purpose
To provide a venue, base and coaching facilities to further the sport of fencing to all members of the community.
Objectives and activities
Newcastle Fencing and Sports Trust provides coaching in fencing and shooting to a wide variety of participants ranging from 4 year olds within our child development programme to veteran fencers (40+), plus numerous schools and community groups.
We provide a venue for other community groups, for example the Newcastle Fencing Club, Newcastle Pistol Shooting Club, Newcastle Pentathlon Club and Lindisfarne Fencing Club on a weekly basis.
We host a range of competitions; local youth and school, local senior development and British Fencing Ranking events.
Achievements and performance
We opened the Newcastle Fencing Centre, based in Benfield, Newcastle upon Tyne in January 2015. This was a result of hard work and fundraising from a dedicated team of volunteers and the generosity of our sponsor, Owen Pugh.
The Centre has provided a base for the fencing clubs; Newcastle Fencing Club and Lindisfarne Fencing Club and also for Newcastle Pentathlon Club since that date.
The year covered by this report saw some recovery in activity after the pandemic though the income for the Trust is still not back to normal levels.
Trustee Recruitment and Training
The Governing body requires breadth and depth of experience to carry out its duties effectively and efficiently. All five trustees continued to serve throughout the year.
Financial Review
Income generated by normal operations (non-grant income) more than doubled over the previous year to £25,704. This is a substantial improvement over the previous year, but still a long way from normal. Over the three years prior to the pandemic, non-grant income averaged in excess of £51,000 each year. Meanwhile, the Trust’s operations were supported by a small grant of £150 from SportsAid Trust.
The Newcastle Fencing Club has re-started financial contributions in lieu of rent for the use of the premises. These amounted to £3,076 for the year. In the three years before the pandemic, the Club contributed an average of £7,677 to the Trust.
During the year partly as a result of a change of landlord, the Trust made no payments of rent or service charge. This situation has been rectified and, as of June 2023, the service charge account is fully paid up to date
The reserves are retained to further the aims and objectives of the charity.
Financial Statements:
| Newcastle Fencing & Sports Trust | ||
|---|---|---|
| CRN: 08696113 | ||
| UTR: 7567928795 | 12 Months to | 12 Months to |
| 31-Mar-23 | 31-Mar-22 | |
| Income | ||
| Donations, fundraising | - | 34 |
| Schools & University | 18,053 | 8,722 |
| Competitions | - | |
| Fencing Lessons | 720 | 900 |
| Shooting Lessons | 2,680 | 2,229 |
| Lessons | 3,400 | 3,129 |
| Camps / Training | - | - |
| NFC / Lindisfarne | 3,076 | - |
| Facility Hire | 1,075 | 450 |
| Grants | 150 | 39,700 |
| Miscellaneous | 100 | 350 |
| Exceptional Income | - | - |
| Total Income | 25,854 | 52,386 |
| Expenditure | ||
| Wages & Salaries | 34,219 | 36,893 |
| Running Costs | 425 | 1,125 |
| Stripe Handling Fees | 52 | 57 |
| Coaching | - | - |
| Rent & Service | - | 12,851 |
| Rates | - | - |
| Utilities, Insurance | 4,291 | 4,195 |
| Training | - | - |
| Repairs & Renewals | - | 1,419 |
| IT | - | 1,115 |
| Bank Charges | 60 | |
| Depreciation re fittings | 3,000 | 4,000 |
| Miscellaneous | 303 | 560 |
| Total Expenditure | 42,350 | 62,214 |
| Result | (16,496) | (9,828) |
| Balance Sheet | ||
| Fittings (Note 1) | 20,316 | 21,696 |
| Debtors | - | - |
| Cash | 559 | 15,675 |
| Total Assets | 20,875 | 37,372 |
| Creditors | 6,690 | 6,690 |
| Net Current Assets | 14,185 | 30,682 |
Balance Sheet cont'd
| Reserves b/f | 30,681 | 40,510 | ||
|---|---|---|---|---|
| Loan write off | - | - | ||
| Result for year | (16,496) | (9,828) | ||
| Reserves c/f | 14,185 | 30,681 | ||
| Notes: | ||||
| 1 | Fittings | |||
| Balance b/f | 21,696 | 22,523 | ||
| Less: Depreciation | 3,000 | 4,000 | ||
| Add: Acquisitions | 1,620 | 3,173 | ||
| Balance c/f | 20,316 | 21,696 |
Independent examlnerfs rewtto the trte¢S of Newc Fen¢in8 and SpL¥ts Tnt I report on the accounts of the Trust forthe year ended 31 March 2023. which are set out on pa8e 4 Respecdve fesponslbllttes of trustees and examiner The trustees Iwho are also the dirertors of the company for the purposes of company tawl are responsible for the preparation of the accounts. The trustees conslder that an audrt Is not required forthis year under section 144121 of the Charities Att 2011 (the 2011 Act) or under Regulation 10 Illlal to Icl of The Charities Accounts (Scotlandl Regulations 2006 Ithe 2006 Accounts Regulations) and that an independent examination is needed. The charlty rs iequired by company law to prepare accrued accounts and l am qualffie(I to undertake the examination by beln8 a qualified member of ICAEW. Having satisfied myself that the charity Is not subject to audot under company law and Is eli8ible for Sndependent examination. it is my sponSIbl1ty to: examine the accounts under sertion 145 of the 2011 Att and section 44llllcl of the Charities and Trustee Investment (Scotlandl Act 2(M)5 (the 2(h)5 Act) to follow the procedures laid down In the general Dlrerttons 8Nen ty the Charity Commission under settion 1451511bl of the 2011 Act to State whether particular matters have come to my attentlon Basls of Independent examlnerf5 report My examination was carried out In accordance with the general Directions 8iven by the Charity Commlssion and is Sn accordance with Regulation 11 of the Charities Accounts1Scotlandl Regulations 2006. An examination includes review of the accountin8 records kept by the charity and a comparison of the accounts presented with those records. It also includes considerauon of any unusual ftems or disdosures in the accounts, an(J seeking explanatlons from you as trustees concernin8 any such matters. The procedures undertaken do not provide all the evldence that would be required in an audit and consequently no opinion given as to whether the accounts pre5errt a 'true and falr view, and the report is limited to those matters set out in the next statemenL Indepeftdent examlnerfs Ststernt In ¢Onn•rtk wlth my examln•tlon: No matter has come to my attention.. whlth gives me reasonable cause to believe th* In any materSal respect the requirements= to keep accounting records In accordance with sectlon 386 of the Companles Act 2006 and settion 441lllal of the 2(K15 Act and b. to prepare accounts which accord with the accountln8 records, comply with the accountlng requirements of the Companies Art 2(X)6. settion 44liiibl of the 2CK15 Act and Re8ulation 8 of the 2006 Accounts Regulations and whlch are consistent with the methods and principles of the Statement of Recommended Prartlce.. Accounting and Reporting by Charlties have not been met or 2. to which, in my opinion, attentlon should be drawn in order to enable a proper understandln8 of the accounts to be read)ed Name: Date.. 2023 Relevant professlonal al ion or Address.. .dA AAe