JOHN POINTON SPORTS AND RECREATION FACILITY TRUSTEES. REPORT AND UNAUOITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31•1 MARCH 2023
JOHN POINTON SPORTS AND RECREATION FACILITY REGISTERED CHARITY NUMBER 11560 REGISTERED COMPANY NUMBER 08818162 TRUSTEES, REPORT FOR THE YEAR ENDED 31" MARCH 2023 The t¥uslees are pleased lo present their annual report together with the linan¢l21 slalements of the charity for the year ending 3151 March 2023 whh are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The h'nancial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, ané Accounting and Reporting by Charities- Statement of ReGommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard appIable in the UK and Republic of Ireland IFRS 102) leffeclive 151 January 20151. DIRECTORS AND TRUSTEES The directors of the charitable eomp8ny (the ch8rityl are ils Irijslees for the purpose of charity law. The Iruslees serving during the year and since the year end were as folbws.. Ke Mana ement Personnel: Trustees and Dlrector8 P. Bailey B.K. Williams M.F. Cunningham T. Lacey (Reswn8d Ish January 2024) M.P. Worthington F. Greatbal¢h (Appointed 151b January 2024) The freehold propety belonging lo the ¢haTilable company is held by B.K. Williams and M.P. Worthinglon as ITuslees of the charitable company. STRUCTURE GOVERNANCE ANL) MANAGEMENT Governin Document The organisalion is a charitable Company limited by guarantee, incorporated on I7 December 2013 and registered as a chaiity on 10th March 2014. The company was established under a Memorandum of Association which established the objects and powers of the charitabEe company and is governed under its Articles of Associalitsn. Trustee Recrultment A olntment Inductlon and Tralnln Any Iruslee vacancies will be reported at the Annual General Meeting, inviting applicants lo apply and any vacancies arising beeen Annual General Meetsngs will be advertised lo the members. Al applicants go through a selection process with existing Iruslees. Al trustees recewe training organised intemally. Or anlsation The adminislralion of the charity is carried out by the trustees who are responsible for the strategic direction and policy of the charity and all related decisions. Trustees meet on a monthly basis lo discuss the operatsons of the charity. During these meetings aims, objects'ves and activities are reviewed, ensuring the charity remains I(used on ils slated purpose, as sel out in the objects contained in the charity's Memorandum and Articles ol Associallon. None of the trustees recewe remuneration or other benefll from their work wllh the charity. Al reMUneratn$ are set by the Board of Twstee5 and reviewed annualty.
JOHN POINTON SPORTS AND RECREATION FACILITY REGISTERED CHARITY NUMBER 1156093 REGISTERED COMPANY NUMBER 08818162 TRUSTEES, REPORT FOR THE YEAR ENDED 31bt MARCH 2023 CONTINUED OBJECTS The object of the charity is to promote, provide, andlor assist in the provision of facilities for the benefit of the inhabilanls of Cheddleton and the surrounding area for sport. recreation or other leisure lime occupation of the public al large in the inleresls of social welfare and with the object of improving the conditions of life of the said inhabilanls and in particular by provision of a sports and recreation cenlre. REVIEW OF ACTIVITIES PLANS AND FUTURE COMMITMENTS Since the year end the halogen floodlighting on both the 3G and the grass pitches has been replaced by low energy LED lighting. The trustees will continue to promote and develop the la¢ility for the beneffl of the local community and slrwe lo develop services lo meet their needs. Looknng at feedback eeIed from users of the charity's services and our experience of the charity providing the seTvice$, we are happy that the charity's achievements during 2022-2023 are consislenl with the objects sel. DELIVERY OF PUBLIC BENEFIT Various local groups have benefitted from the facilit8 provkled by the char¢ty, which include the following'.- The 3G all weather and the grass football pitches., Aerobics and jogging fa¢illties', The availability of the premises for childrens. parties etc- and The childrens, play area. In planning both the ServIS provlded by the charity together wllh Ihelr delivery, the trustees have had regard to the Charity Commission guidance on public benefit.
JOHN POINTON SPORTS AND RECREATION FACILITY REGISTERED CHARITY NUMBER 1156093 REGISTERED COMPANY NUMBER 08818162 TRUSTEES, REPORT FOR THE YEAR ENDED 316t MARCH 2023 CONTINUED FINANCIAL REVIEW Net Out oln Resources During the year the charity had nel outgoing resources of £46.99012022.' £41,642) from all ils aclivilies. Incoming resources comprised Trading Income which totalled £49,30612022.' £42,253) and Voluntary Inme ol £Nil 12022.. £Nil). This income source helps support the key objectives of the charity and the main outgoing resources lelated lo Charitable Activities which tolalled £91,28012022.. £79,881). Within Charitable Activities the main items of cost were Wages of £33,44012022.' £30,306) and Depreciation of £27,85212022.' £27, 7791 Flxed Assets The nel book value of fixed assets of the charity is £1,152,563 (2022.. £1. 177,985). Fixed asset addrtions during the year totsl £2,43012022.. £Nifj. Details of fixed assets are shown al note 6. RISK MANAGEMENT The trustees have a risk management strategy which comprises.. An annual review of the principal risks and uncertainties that the charity faces, The establishment of poli¢ies, systems and procedure$ lo mitigale those risks identified in the annual review., and The implemenlalion of procedures designed lo minimise or manage any potential impact on the charity should those risks materialise. The trustees consider the financial sustainability of the charity lo be secure, based on both historic and anticipated future cashflows. Attention has also been focussed on non-finanGial risks arising from fire and health and safety. These risks are managed by having robust policies and proce(Sures In plats and up lo dale, and regular awareness training for stsff working in these operational areas. RESERVES POLICY AND GOING CONCERN ReseNes are needed lo bridge the gap between the spending and receThiing of income and to cover unplanned emergency repairs and other expenditure and at the year end total funds were £1,238,52012022.. £1,285,510) eomprising a restricted capital fund of £1,148,173 12022.. £1,175.0291 and a reslricled income fund of £90.34712022.' £110,481). The charity has no unreslricled fund balances in either the current or previous years. At the year end cash al bank and in hand lolalled £86,21212022.. £108.5981. The balance on the lolal reslricled C8pilal fund of £1,148.173 can be re81ised by disposing of tangible fixed assets. Similarly. of the lotsl restricted income fund of £90.347, £4,390 can, also, only be realised by dlsposing ol tangible fixed assets, see Notes 6 and 10. The charity had no reserves with a negative balance at the year end. Given the nature of the charity's activities and the exislenee of a fegular source of income the Trustees. view is that the restricted income fund of £90,34712022.. £110,481) is sufficient for the activities planned in the coming year.
JOHN POINTON SPORTS AND RECREATION FACILITY REGISTERED CHARITY NUM8ER 1156093 EGISTERED COMPANY NUMBER 08818162 TRUSTEES, REPORT FOR THE YEAR ENDED 31st MARCH 2023 CONTINUED STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees are responsible for preparing the Report of the Tiustees and the Ilnanclal slalemenls In accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Iruslees to prepare financial statements for each financial year. Under that law the Iruslees have elected lo prepare the financial slalemenls in accordance with United Kingdom Generally ACpted Accounting Practice (United Kingdom Accounting Standards and applicable lawl. Under company law the Iruslees musl not approve the financial statements unless they are satisfied that they give 8 true and fair view of the slate of affairs of the charity and of ils incoming resources and appSication of resources, the surplus or deficit of the Gharily for the period, ils assets and liabilities al the end of the period and clearly distinguish any material special INSI or other restricted fund of the charity. In preparing those financial slalemenls the Iruslees are required lo'.- select suitable accounting policies and apply them consistently., make judgements and eslimales Ihal are reasonable and prudent., stale whether the policies adopted are in accordance with Statements of Recommended Pra¢llce and with applicable accounting standards. subject lo any material departures disclosed and explalned in the financial statements.. and prepare the financial slalements on a going concern basis unless il is inappropriate to assume that the charity will continue in business. The Iruslees are iesponsible fo¥ keeping adequate accounting records that are Sufficient to show and explaln the charitable company's transactions and disclose with reasonable accuracy al any lime the financial position of the charitable company and lo enable them lo ensure that the financial slalemenls comply with the Companies Act 2006. They are a150 responsible for safeguarding the assets of the charity and therefore for taking reasonable steps for the prevention and dele¢lion of fraud and other irregularilie5. The Iruslees are responsible for the maintenance and integrity of the financial and other information included on the charity's website. Legislation in the United Kingdom goveming the preparation and dissemination of financial slalemenls may differ from legislation in other jurisdiGtion5. In determining how amounts are presented wilhin items in the Slalemenl of Financial Activities and Balance Sheet, the Iruslees musl have regard to the substance of the reported transaction or arrangement, in accordance with generally accepted accounting principles or practice.
JOHN POINTON SPORTS ANO RECREATION FACILITY REGISTERED CHARITY NUMBER 1156093 REGISTERED COMPANY NUMBER 08818162 TRUSTEES, REPORT FOR THE YEAR ENDED 31st MARCH 2023 CONTINUED REFERENCE AND ADMINISTRATIVE DETAILS Accountants H8rdwickes, Etnjria Old Road, Sloke-on-Trent, Slaffordshire. ST15PE Bankers TSB Bank Plc, 9 Smithlield. Haywood Street, Leek, Slaffordshire. ST13 5JW Sollcltors A.H. Brooks & Co. 61 Derby Street, Leek, Staffordshire. ST13 6JG istered Offl¢e John Pointon Sports and Recreation Faciltiy, Fellhouse Lane, Cheddlelon, Leek. Slaffordshire. ST13 7BP Approved by the Board of Trustees on 24th January, 2024 and signed on its behalf by.. B.K. Nfilliams Trustee
JOHN POINTON SPORTS AND RECREATION FACILITY REGISTERED CHARITY NUMBER 1156093 REGISTERED COMPANY NUMBER 08818162 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JOHN POINTON SPORTS AND RECREATION FACILITY I report on the attached accounts of the charity for the year ended 31¥t March 2023. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The Iruslees (who are also the direGlors ol the company for the purposes of company lawl are responsible for the preparation of the accounts In aceordance with the requirements of the Companies Act 20061"Ihe 2006 A¢1 l. The charity's Iruslees consider that an audit is not required for this year under Part 16 of the 2006 Act and that an independent examination is needed. It is my responsibility lo.. examine the accounts under section 145 of the Charities Act., lo follow the procedures laid down in the General Directions given by the Charity Commission under section 14515llbl of the Charities Act., and lo stale whether particular matters have come lo my allenlion. BASIS OF INDEPENDENT EXAMINER'S STATEMENT My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the aecounling records kept by the charity and a comparison of the accounts presented with those records. It also ineludes consideration ol any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any 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 lo whether the accounts present a 'lrue and fail view and the report is limited lo those matters sel out in the statement below. INDEPENDENT EXAMINER'S STATEMENT In connection with my examination, no matters have come lo my attention which give me cause to believe that, in any material respect.. accounting records were not kept in 8ccord8nce with sect¢on 386 of the Companies Act 2006.. or the accounts do not accord with such records; or the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the 8ccounls give a 'lrue and fair, view which Is not a matter considered as part of an independent examination.. or the accounts have not been prepared in accordance with the Charities SORP IFRS1021. I have no concems and have come across no other matters In connection with the examination lo which allenlion should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached.
JOHN POINTON SPORTS AND RECREATION FACILITY REGISTERED CHARITY NUMBER 1156093 REGISTERED COMPANY NUMBER 08818162 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JOHN POINTON SPORTS AND RECREATION FACILITY CONTINUED USE OF THIS REPORT This report is made solety to the Trustee$ of John Pointon Sports and Recreation Facility as a body In accordance with the terms of the engagement letter dated 1st October, 2020. The Independent Examination work has been undertaken so that I might slate lo the charity's Trustees those matters l am required lo stale lo them in an Independent Examiner'5 report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibilily lo anyone other than the charity and the charity's Trustee5 as a body, for the Indewndenl Examination woik. for this report. or for the opinions I have formed. D.R. Shaw Bs¢., F.C.A Hardwickes, Etruria Old Road, Sloke-on-Trenl, Slaffordshire. ST1 SPE 24th January. 2024
JOHN POINTON SPORTS AND RECREATION FACILITY STATEMENT OF FINANCIAL ACTIMTIES INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31$1 MARCH 2023 Unrestricted Funds 2023 Restricted Funds 2023 Total Funds 2023 Total Funds 2022 Notes INCOMING RESOURCES Incomin Resources from Generated Funds'.- Volunta Donations Income:. Incomln Resources from Charltable ActlvltSes'.- Trading Ineome TOTAL INCOMING RESOURCES RESOURCES EXPENDED Charltable Actlvltles 64,424 26.856 91,280 79,881 Su ort Costs TOTAL RESOURCES EXPENDED NET OUTGOING RESOURCES BEFORE TRANSFERS 120.1341 126,8561 146,9901 141.6421 Transfers beeen Funds {20 1341 NET MOVEMENT IN FUNDS 146,9901 146,9901 141.6421 Reconciliatlon of Funds Total Opening Funds 1285 510 1285S10 1327 1S2 TOTAL FUNDS AT 3101 MARCH 202312022 The slalemenl of financial activities includes all gains and losses in the year. All inwming resources and resources expended derive from conlinulng actlvltles. The alt8ehed notes form p8rt of these aceounls.
JOHN POINTON SPORTS AND RECREATION FACILITY Charity Number 1156093 Company NLmber 08818162 IEnglJnd & W01e$l BALANCE SHEET AS A 31st MARCH 2023 Notes 2023 2022 FIXED ASSETS Tangible Fixed Assets 1,152,563 1,177,985 CURRENT ASSETS Debtors Cash al Bank and in Hand 995 243 87,207 108,841 CREDITORS: Amounts Falling Due Wilhln One Year NET CURRENT ASSETS NET ASSETS RESERVES Restrted Funds The trustees have prepared Bccounls in accordance with section 398 of the Companies Act 2006 and section 138 of the Charities Act 2011. These accounts are prepared in accordance with the special provisions of Part 15 of the Companies Act relating lo small companies and constitute the annual accounts required by the Companies Act 2006. For the financial year ended 31Yt March, 2023 the company was enlilled lo exemption from audit under section 477 Companies Act 2006 relating lo small companies and the members have not required the Gompany to obtain an audit of ils accounts for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requlremenls of the Companies Act 20( with respect lo accounting records and the preparation of accounts. Approved by the Board of Trustees on 24th January, 2024 and signed on its behalf by.. B.K. WILLIAMS Director The attached noles form part of these accgunts.
JOHN POINTON SPORTS AND RECREATION FACILITY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 3191 MARCH 2023 ACCOUNTING POLICIES The princlpal accounting policies adopted in the preparation of the financial statements are as follows.. Basls of Pre aratlon The financial slalemenls have been prepared in accordance with Accounling and Reporting by Charities.. statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financia5 Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 leffeclive 1 January 2015)- (Charities SORP IFRS1021}, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. John Poinlon Sports and Recreation Facility meets the definition of a public benefit entity ijnder FRS102. Assets and liabilities are initially recognised al historical ¢osl or Iran511ion value unless othenlSe stsled in the relevant accounting policy note. The finanoial statements cover John Poinlon Sports and Recreation Facility as an individual company. John Poinlon Sports and Recreation Facility is incorporated in England and Wales and is a charitable company limited by guarantee. The financial statements are presented in Sterling 1£) and have been rounded lo the nearest pound, The address of the company's registered office Is John Pointon Sports and Recreation Facility, Fellhouse Lane, Cheddlelon, Leek. Slaffordshire. ST13 7BP. bl Reconclllatlon wlth revlous Generall Acce ted A¢¢ountin Practice In preparing the accounts. the Iruslees have considered whether in applying the accounting policS required by FRS102 and the Charities SORP FRS 102 the reslalemenl of comparative items was required. Pre aratlon ofthe accounts on a Goln Concern Basls The trustees are ol the view that there are no material uncertainties about the charity's ability lo Gonlinue as a going concern. dl Income Income is recognised when the charity has enlillemenl to the funds, any performance conditions attached lo the ilem{s) of income have been mel. il is probable that the income will be received and the amount can be measured reliably. Donatlons and revenue grants 2re credited lo the Slalement of Financial Activities on 8 receivable basis. Capital grants are shown as deferred income and credited lo the Slalemenl of Financial Acts'vits'es over the same depreciation periods as the assets lo which they relate. Income received in advance of a service is deferred until the criteria for income recognition are mel. Fund Aecountln Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity wilhoul further speThlied purpose and a¥e available as general funds. Reslricled funds are lo be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund, and where appropriate, a lair allocation of the depreciation charge.
JOHN POINTON SPORTS AND RECREATION FACILITY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 3151 MARCH 2023 CONTINUED Ex enditure and irrecoverable VAT Expenditure is recognised once there 15 a legal or conslruclive obligation lo make a payment lo a third party, il is probable Ihat selllemenl will be required and the amoLsnl of the obltqalion can be measured reliably. Expenditure classified under the following activity headings.. Expenditure on charitable activities includes all costs undertaken lo further the purposes of the charity and their associated support costs. Other expenditure represents those items not falling into any other heading. Irrecoverable VAT is charyed as a cost against the activity for which the expenditure was incurred. gl Allocation of Su ort Cost$ Support costs are those functions that 85SlSt the work of the charity bul do not directly undertake charitable aclivilies. Support Costs include back office costs, finance, personnel, payroll and governance costs which support Ihe charity's aclivilies. The bases on which support costs have been allocated are set out in note 4. h) Fixed Assets and Dg reciation Expenditure is capilalised as Fixed Assets in accordance with current accounting principles. Tangible fixed assets are depreciated al rates calculated lo write off the cost, less eslimaled residual value, of each asset evenly over ils expected useful life at the following annual rales'.- Freehold Buildings Plant and Machinery, Office Equipment and Fixtures and Fillings 20A slraighl line. 25010 reducing balance. Ffeehold Land is not depreciated. Debtors Trade and other debtors are reGognised al the selllemenl amount due after any trade discount offered. Prepayments are valued al the amotjnl prepaié nel of any trade discounts due. Cash at Bank and In Hand Cash al bank and cash in hand includes cash and balances in bank current accounls. kl Credltors and rovlslons Creditors and provisions are recognised where the charity h8s a present obligation results'ng from a past event that will probably result in the transfer of funds lo a third party and the amount due to sellle the obligation can be measured or eslimaled reliably. Creditors and provisions are normally recognised at their settlement amount afler allowing for any trade cliscounts due. Flnanclal Instruments The charity only has financial assets and financial liabilities of a kind that quality as basic financial inslrumenls. Basic financial Instruments are initially recognised al transaction value and subsequenlty measured al their settlement value.
JOHN POINTON SPORTS AND RECREATION FACILITY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31kt MARCH 2023 CONTINUED RESOURCES EXPENDED Unrestricted Funds 2023 Restrlcted Funds 2023 Total Funds 2023 Total Funds 2022 Charftablè Aclivities Purchases of Resale Goods Wages Advertising Rates Insurance Electricity and G88 Slalionery Telephone and Inlernel Computers and Soflware Repairs and Renewals Cleaning Bank Charges Sundry Expenses Training Depreciation 7,128 33,440 200 1,155 1,628 6.405 54 702 306 8.396 431 959 2,624 7,128 33,440 200 1,155 1,628 6,405 54 702 306 8,396 431 959 2,624 3,941 30,306 140 803 1.597 3,611 47 590 294 7,900 867 909 862 235 996 27 852 Su ort Costs Accountancy ANALYSIS OF GOVERNANCE ANO SUPPORT COSTS The charity inllialty idenllfies the costs of ils support functions. It then identifies those costs which relate lo the governance function. Refer lo the table below for the basis for appointment and the analysis of support and governance costs. Anal sls of su ort and oveman e Gosts General Su Governance Functlon Basls ol ortionment Total Charitable Actlvitles Accountancy setes Governance NET OUTGOING RESOURCES FOR THE YEAR The net outgoing resources are stated after ¢harging'. 2023 2022 Depreciation
JOHN POINTON SPORTS AND REC EATION FACILITY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2023 CONTINUED STAFF C S AND NUMBERS 2023 2022 Salaries and Wages No employee received emoluments of more than £60,000. Key Management Personnel Remuneration during the year was £Nil (2022.. £Nil). The average monlhty headcounl (including part lime staff) was 4 staff12022.' 4 st8fO. TANGIBLE FIXED ASSETS Freehold Land and Bulldln lant and Machlne Office Flxtures and Flttln Total Co$t',- At 1st April 2022 Additions 1,389,877 8.507 90 1,359 1,399,833 Al 31 li March 2023 De reclatlon'.- At 1* April 2022 Charge for the Year 214,848 26 856 5,702 667 80 1,218 325 221,848 Al 31 W March 2023 Net Book Value:. At 31 March 2023 Al 3191 March 2022 DEBTORS 2023 2022 Trade Debtors Prepayments 790 205 24 CREDITORS: Amounts F811ing Due Imlhin One Year Trade Credllors Accruals 200 200
JOHN POINTON SPORTS AND RECREATION FACILITY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31$1 MARCH 2023 CONTINUED MOVEMENT IN FUNDS Transfers Between Funds At15tA ril 2022 Incomln Resources Out oln Resources At 31°, March 2023 Restricted Fund5 John Pointon & Sons Limited- Capital Fund John Poinlon & Sons Limited - Income Fund 1.175.029 126,856} 1,148,173 110481 TOTAL RESTRICTED FUNDS Unrestricted Funds General Funds TOTAL UNRESTRICTED FUNDS TOTAL FUNDS 10. ANALYSIS OF NET ASSETS BETWEEN FUNDS General Funds Restrlcted Funds Total Funds Tangible Fixed Assets Current Assets Current Liabilitie5 1.152,563 87,207 1.152,563 87,207