Trustees’ Annual Report for the period
From 01/04/2022 Period start date To Period end date
31/03/2023
Charity name: Loddon Squash Rackets Club
Charity registration number: 1156198
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The promotion of community participation in healthy recreation in particular by the provision of facilities for the playing of squash for the benefit of the residents of Loddon and surroundingareas. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Loddon Squash Rackets Club provides opportunities for those living in Loddon and the surrounding areas to lead active and healthy lives through participation in squash and racketball at its facilities in the village of Loddon. This is done through having high quality facilities available for club subscribers to use, along with activities such as coaching, club nights, team squash and internal leagues for subscribers to takepart in. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Trustees have had regard to the guidance issues by the Charities Commission on public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers
Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The year was another positive one for the club, with the post-Covid return to full squash continuing. The club has continued to expand its membership and off the court continues to remain financially healthy. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity ended the year with a significant surplus due to the Covid support and recovery grants that were paid by the Government and Sport England. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Reserves are held in an interest bearing account with Barclays Bank. |
| Amount of reserves held | Para 1.22 | £22,244 |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | T |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable Incorporated Organisation |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Appointed by a resolution passed at a properly convened meeting of charity trustees. |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Loddon Squash Rackets Club |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1156198 |
| Charity’s principal address | Nr Beccles Road, Loddon, Norfolk, NR14 6LT |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| John Steggall | Whole Year | |||
| Michael Bond | Whole Year | |||
| Mark Heazle | Chair | Whole Year | ||
| Dale Foreman | Whole Year | |||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signed on behalf of the charity’s trustees | Signed on behalf of the charity’s trustees | charity’s trustees | |
|---|---|---|---|
| Signature(s) Full name(s)Mark Heazle Position (eg Secretary, Chair, etc) Chair Date30/03/2024 |
|||
| Mark Heazle | |||
Chair |
|||
| 30/03/2024 | |||
| 30/03/2024 |
1156198
Loddon Squash Rackets Club
Receipts and payments accounts
For the period Period start date Period end date To from 4/1/2022 3/31/2023
Section A Receipts and payments
| Section A Receipts and payments | |||
|---|---|---|---|
| A1 Receipts MembershipFees 1,192 Light Tokens 775 Bank Interest 45 NCC - Covid Government Grants - Sport England RecoveryFund - - - 2,012 - - Sub total - Total receipts 2,012 A3 Payments Electricity 1,310 Water 49 Tokens 39 Cleaning - Insurance 593 Signage - Fast Courts/Clubspark 432 Maintenance - Rent 20 Sub total 2,443 - - Sub total - Total payments 2,443 Net of receipts/(payments) - 431 A5 Transfers between funds - A6 Cash funds last year end 22,675 Cash funds this year end 22,244 Unrestricted funds to the nearest £ Sub total(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table) |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
to the nearest £ Endowment funds |
Total funds to the nearest £ |
| - - - - - - - - - |
1,192 | ||
| 775 | |||
| 45 | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| 2,012 | |||
| - - - |
- | ||
| - | |||
| - | |||
| - | 2,012 | ||
| - - - - - - - - - - |
1,310 | ||
| 49 | |||
| 39 | |||
| - | |||
| 593 | |||
| - | |||
| 432 | |||
| - | |||
| 20 | |||
| 2,443 | |||
| - - - |
- | ||
| - | |||
| - | |||
| - | 2,443 | ||
| - | - - - - |
- 431 | |
| - | - | ||
| - | 22,675 | ||
| - | 22,244 |
Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details Community Account Deposit Account (agree balances with receipts and payments account(s)) Details Details Details Details Signature #VALUE!## Total cash funds |
to nearest £ to nearest £ 1,746 - 20,498 - - - 22,244 - OK OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Restricted funds |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| to nearest £ Restricted funds |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Cost (optional) | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Cost (optional) | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Amount due (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| #VALUE!# | # Mark Heazle |
||
CC16a
Last year
to the nearest £
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80
1,632
2
-
8,000
-
-
-
9,714
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-
9,714
1,429 52 65 - 525 - 572 3,414 - - 6,057
6,057 3,657 - - 3,657
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Endowment
funds
to nearest £
-
-
-
-
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OK
Endowment funds
to nearest £
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-
-
-
-
-
-
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Current value (optional)
-
Current value (optional)
-
When due (optional)
Date of approval
3/30/2024