2023-08-31-accounts - Sandmartins Activity Club

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

��

CHARITY REGISTRATION NUMBER: 01158154

Sandmartins Activity Club Unaudited Financial Statements

31 August 2023

MKL ACCOUNTANTS LTD

Chartered Certified Accountants Herston Cross House 230 High Street Swanage Dorset BH19 2PQ

��

Sandmartins Activity Club

Financial Statements

Year ended 31 August 2023

	Page
Trustees' annual report	1
Independent examiner's report to the trustees	4
Statement of financial activities	5
Statement of financial position	6
Statement of cash flows	7
Notes to the financial statements	8
The following pages do not form part of the financial statements
Detailed statement of financial activities	17
Notes to the detailed statement of financial activities	18

��

Sandmartins Activity Club

Trustees' Annual Report

Year ended 31 August 2023

The trustees present their report and the unaudited financial statements of the charity for the year ended 31 August 2023.

Reference and administrative details

Registered charity name Sandmartins Activity Club Charity registration number 01158154 Principal office Sandford St Martins Primary School Sandford Dorset BH20 7BN

The trustees

A Dolman (Resigned 24 January 2024) K Cranfield L Baraclough LL Law Min (Resigned 31 August 2023) S Whitehead (Appointed 3 April 2023) V Bowbanks Independent examiner Kevin Lyons FCCA Herston Cross House 230 High Street Swanage Dorset BH19 2PQ

Structure, governance and management

CIO with Voting Members other than its Charity Trustees Association Model Constitution from the Charity Commission

Objectives and activities

The Charity works for the public benefit having as its objectives the development and education of children and young people in particular by:- Promoting their care and safety Promoting their education and promoting parental involvement Promoting their health and wellbeing Providing services to support them and their families and carers Providing services to individuals holding membership of the CIO

��

Sandmartins Activity Club

Trustees' Annual Report (continued)

Year ended 31 August 2023

Objectives and activities (continued)

Sandmartins Activity Club is a childcare facility originally operating as an Unincorporated organisation on a non-profit making basis. Sandmartins changed to a CIO and became a Charity registered with the Charity Commissioners on 6th August 2014.

The main activities undertaken for the public benefit are to provide a stimulating and nurturing environment for the children attending the facility as well as developing their skills and abilities which is vitally important to the working parents/carers. Sandmartins also contributes to the general well being of specific sections of the public in delivering care and educational services to children, which also benefits their families.

The services provided by Sandmartins also has a public benefit as it is seen to assist the wider community of Sandford Dorset, and the surrounding area. This ensures the older children have a safe venue in which they can relax and spend time with friends, rather than hang out in public places which can often cause social tension and petty crime.

The Trustees of Sandmartins have full regard to the guidance issued by the Charity Commission on public benefit and are able to comply with the requirements and conditions of the Statutory Declaration

Achievements and performance

The start of the new financial year on 1st September 2022 coincides with the start of the sixth year in our new building known as Peppermint House. Although the facility is well established with a good number of children attending on a regular basis, the effect of the Coronavirus Pandemic from March 2020 to March 2021 has had a lasting impact on the Club's operation. The Club being affected by two of the three National Lockdowns. The facility continues to have a good reputation at the school it serves namely Sandford St Martins Primary School, as well as the wider community. The current Cost of Living Crisis is the latest challenge the Club has had to face. The Club staffing team have been extremely supportive during these challenging times for the Club, and now has a settled team. Please see the Trustee Report for 2021 for further information regarding the effects of the Pandemic on the Club's operations including the Furlough scheme.

Please see the Trustee Report for 2021 for further information regarding the effects of the Pandemic on the Club's operations including the Furlough scheme. The Club's insurance continues to be provided by Zurich and the policy was renewed on 7th September 2022. The accounts for the year ending 31/8/2022 have been prepared by our Accountants MKL and our return to the Charity Commission has been completed. Although the Pandemic is well behind us the effects are still present with more opportunities for parents/carers to be able to work from home resulting in a reduced for childcare, The current Cost of Living crisis which started last year compounded by the world events as a result of the Ukraine conflict which is on going now into its second year. All of these have had an impact on our parents/carers financial circumstances.

��

Sandmartins Activity Club

Trustees' Annual Report (continued)

Year ended 31 August 2023

Achievements and performance (continued)

What is clear we face new challenges especially financial as our cost base will remain constant but our income could suffer depending on the wider situation as outlined above. The position regarding our Lease remains unchanged from last year. In last year's report our concern relates to the break clause, which would make us liable for a year's rent of £6000 in the event we had to terminate the lease. Therefore it is in our best interests in view of the uncertainties surrounding Sandmartins' future to continue under the umbrella of the Tenancy at Will which is still the case. When we eventually hear from Dorset Council this will be our recommendation to them based on the present situation. As with the uncertainties that Sandmartins now faces with the current Cost of Living crisis it is not in our interests to commit to a lease with a restrictive break clause. Whether Dorset Council will be flexible remains to be seen we eventually hear from them

Unfortunately due to difficulty in establishing sufficient interest the decision has been made again this year to cancel the AGM for Sandmartins. Further to last years submission to Garfield Weston Foundation when we received a payment of £5000 in July 2022 we have now submitted our annual report to them to satisfy their requirements. We are now eligible to submit another application for funding but as at the time of preparing this Trustee Report we have not done so. Although this option is still available to us when we feel the time is right to seek their support again. However there is guarantee that they will assist us again. It is important to mention that we continue to live through unprecedented times with the Cost of Living crisis following the Pandemic, that all the staff have remained loyal and supportive. It is everyone's wish at Sandmartins that we continue to support the local community with the services we have provided for the last twenty nine years.

Adam Dolman has been removed as at 24th January 2024 this should have been done at the end of the financial year ending 31st August 2023. Also Steve Whitehead has been added as a Trustee with effect from the date the DBS was completed 3rd April 2023. We are also on notice that Lucie Baraclough wishes to stand down following the signing of this year's Trustee Report. This will be actioned once we have new Log in details to the new My Charity Account. Also Lisa Law Min will be removed as she is an inactive Trustee When speaking to the Charity Commission they checked our rules and under section 12.3 it states we must have a minimum of 3 Trustees with a maximum of 12

Financial review

Sandmartins changed to CIO status on 6th August 2014.

The Accountants, MKL Accountants of Swanage have now prepared the seventh year's accounts for the financial year ending 31st August 2022. The CIO continues to be viable on its normal day to day activities of providing childcare. The current pandemic and lockdown has created an uncertain future for Sandmartins and it is possible reserves may need to be used to support the operation. Fundraising is kept in separate accounts.

The trustees' annual report was approved on 15 September 2023 and signed on behalf of the board of trustees by:

==> picture [91 x 37] intentionally omitted <==

K Cranfield Trustee

��

Sandmartins Activity Club

Independent Examiner's Report to the Trustees of Sandmartins Activity Club

Year ended 31 August 2023

I report to the trustees on my examination of the financial statements of Sandmartins Activity Club ('the charity') for the year ended 31 August 2023.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the financial statements do not accord with those records; or
the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

==> picture [87 x 37] intentionally omitted <==

Kevin Lyons FCCA Independent Examiner

Herston Cross House 230 High Street Swanage Dorset BH19 2PQ

��

Sandmartins Activity Club

Statement of Financial Activities

Year ended 31 August 2023

		2023	2023	2022
		Unrestricted
		funds	Total funds	Total funds
	Note	£	£	£
Income and endowments
Donations and legacies	4	69,344	69,344	69,463
Investment income	5	62	62	3
		!!!!!!!!	!!!!!!!!	!!!!!!!!
Total income		69,406	69,406	69,466
		""""""""	""""""""	""""""""
Expenditure
Expenditure on raising funds:
Costs of other trading activities	6	72,500	72,500	73,431
Expenditure on charitable activities	7,8	2,802	2,802	2,660
		!!!!!!!!	!!!!!!!!	!!!!!!!!
Total expenditure		75,302	75,302	76,091
		""""""""	""""""""	""""""""
		!!!!!!!!	!!!!!!!!	!!!!!!!!
Net expenditure and net movement in funds		(5,896)	(5,896)	(6,625)
		""""""""	""""""""	""""""""
Reconciliation of funds
Total funds brought forward		17,534	17,534	24,159
		!!!!!!!!	!!!!!!!!	!!!!!!!!
Total funds carried forward		11,638	11,638	17,534
		""""""""	""""""""	""""""""

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 8 to 15 form part of these financial statements.

��

Sandmartins Activity Club

Statement of Financial Position

31 August 2023

		2023	2022
	Note	£	£
Fixed assets
Tangible fixed assets	13	3,854	5,138
Current assets
Cash at bank and in hand		12,696	17,847
Creditors: amounts falling due within one year	14	4,912	5,451
		!!!!!!!!	!!!!!!!!
Net current assets		7,784	12,396
		!!!!!!!!	!!!!!!!!
Total assets less current liabilities		11,638	17,534
		""""""""	""""""""
Funds of the charity
Unrestricted funds		11,638	17,534
		!!!!!!!!	!!!!!!!!
Total charity funds	16	11,638 """"""""	17,534 """"""""

These financial statements were approved by the board of trustees and authorised for issue on 5 July 2024, and are signed on behalf of the board by:

==> picture [91 x 37] intentionally omitted <==

K Cranfield Trustee

The notes on pages 8 to 15 form part of these financial statements.

��

Sandmartins Activity Club

Statement of Cash Flows

Year ended 31 August 2023

	2023	2022
	£	£
Cash flows from operating activities
Net expenditure	(5,896)	(6,625)
Adjustments for:
Depreciation of tangible fixed assets	1,284	1,712
Government grant income	–	(1,228)
Other interest receivable and similar income	(62)	(3)
Changes in:
Trade and other creditors	(539)	1,791
	!!!!!!!	!!!!!!!
Cash generated from operations	(5,213)	(4,353)
Interest received	62	3
	!!!!!!!	!!!!!!!
Net cash used in operating activities	(5,151)	(4,350)
	"""""""	"""""""
Cash flows from financing activities
Government grant income	–	1,228
	!!!!!!!	!!!!!!!
Net cash from financing activities	–	1,228
	"""""""	"""""""
Net decrease in cash and cash equivalents	(5,151)	(3,122)
Cash and cash equivalents at beginning of year	17,847	21,490
	!!!!!!!!	!!!!!!!!
Cash and cash equivalents at end of year	12,696 """"""""	18,368 """"""""

The notes on pages 8 to 15 form part of these financial statements.

��

Sandmartins Activity Club

Notes to the Financial Statements

Year ended 31 August 2023

1. General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Sandford St Martins Primary School, Sandford, Wareham, BH20 7BN, Dorset.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The accounts are prepared on a going concern basis but there is uncertainty due to Covid 19 issues as referred to in the Trustees Report.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

��

Sandmartins Activity Club

Notes to the Financial Statements (continued)

Year ended 31 August 2023

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

��

Sandmartins Activity Club

Notes to the Financial Statements (continued)

Year ended 31 August 2023

3. Accounting policies (continued)

Tangible assets (continued)

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery - 25% reducing balance Fixtures and fittings - 25% reducing balance Equipment - 25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received.

Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

��

Sandmartins Activity Club

Notes to the Financial Statements (continued)

Year ended 31 August 2023

3. Accounting policies (continued)

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost.

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Donations and legacies

	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2023	Funds	2022
	£	£	£	£
Donations
Committed giving	69,344	69,344	61,635	61,635

��

Sandmartins Activity Club

Notes to the Financial Statements (continued)

Year ended 31 August 2023

4. Donations and legacies (continued)

		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2023	Funds	2022
		£	£	£	£
	Grants
	Grants receivable	–	–	6,600	6,600
	Government grant income	–	–	1,228	1,228
		!!!!!!!!	!!!!!!!!	!!!!!!!!	!!!!!!!!
		69,344	69,344	69,463	69,463
		""""""""	""""""""	""""""""	""""""""
5.	Investment income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2023	Funds	2022
		£	£	£	£
	Interest received on deposits	62	62	3	3
		""""	""""	""""	""""
6.	Costs of other trading activities
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2023	Funds	2022
		£	£	£	£
	Charitable activity - goods purchased	3,229	3,229	3,268	3,268
	Charitable activity - wages and salaries	57,396	57,396	57,656	57,656
	Charitable activity - staff costs and
	training	120	120	417	417
	Charitable activity - rent	6,000	6,000	6,000	6,000
	Charitable activity - light & heat	1,502	1,502	2,116	2,116
	Charitable activity - repairs &
	maintenance	840	840	847	847
	Charitable activity - insurance	1,084	1,084	1,057	1,057
	Charitable activity - other
	establishment	358	358	630	630
	Charitable activity - other motor/travel
	costs	95	95	46	46
	Charitable activity - subscriptions	413	413	335	335
	Charitable activity - telephone	643	643	663	663
	Charitable activity - office costs and
	advertising	820	820	396	396
		!!!!!!!!	!!!!!!!!	!!!!!!!!	!!!!!!!!
		72,500	72,500	73,431	73,431
		""""""""	""""""""	""""""""	""""""""
7.	Expenditure on charitable activities by fund type
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2023	Funds	2022
		£	£	£	£
	Support costs	2,802	2,802	2,660	2,660
		"""""""	"""""""	"""""""	"""""""

��

Sandmartins Activity Club

Notes to the Financial Statements (continued)

Year ended 31 August 2023

8. Expenditure on charitable activities by activity type

			Total funds	Total fund
		Support costs	2023	2022
		£	£	£
	Governance costs	2,802	2,802	2,660
		"""""""	"""""""	"""""""
9.	Net expenditure
	Net expenditure is stated after charging/(crediting):
			2023	2022
			£	£
	Depreciation of tangible fixed assets		1,284	1,712
			"""""""	"""""""
10.	Independent examination fees
			2023	2022
			£	£
	Fees payable to the independent examiner for:
	Independent examination of the financial statements		990	948
			""""	""""
11.	Staff costs
	The total staff costs and employee benefits for the reporting period are analysed as			follows:
			2023	2022
			£	£
	Wages and salaries		57,396	57,656
	Other employee benefits		120	417
			!!!!!!!!	!!!!!!!!
			57,516	58,073
			""""""""	""""""""

The average head count of employees during the year was 8 (2022: 8).

No employee received employee benefits of more than £60,000 during the year (2022: Nil).

12. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

��

Sandmartins Activity Club

Notes to the Financial Statements (continued)

Year ended 31 August 2023

13. Tangible fixed assets

	Plant and	Fixtures and
	machinery	fittings	Equipment	Total
	£	£	£	£
Cost
At 1 September 2022 and
31 August 2023	1,310	14,680	1,727	17,717
	"""""""	""""""""	"""""""	""""""""
Depreciation
At 1 September 2022	972	10,312	1,295	12,579
Charge for the year	84	1,092	108	1,284
	!!!!!!!	!!!!!!!!	!!!!!!!	!!!!!!!!
At 31 August 2023	1,056	11,404	1,403	13,863
	"""""""	""""""""	"""""""	""""""""
Carrying amount
At 31 August 2023	254	3,276	324	3,854
	"""""""	""""""""	"""""""	""""""""
At 31 August 2022	338 """""""	4,368 """"""""	432 """""""	5,138 """"""""

14. Creditors: amounts falling due within one year

	2023	2022
	£	£
Trade creditors	4,912	5,451
	"""""""	"""""""

15. Government grants

The amounts recognised in the financial statements for government grants are as follows:

	2023	2022
	£	£
Recognised in income from donations and legacies:
Government grants income	–	1,228
	""""	"""""""

16. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
		At				At
	1	September		31 August		20
		2022	Income	Expenditure		23
		£	£	£	£
General funds		17,534	69,406	(75,302)	11,638
		""""""""	""""""""	""""""""	""""""""
		At				At
	1	September			31 August	20
		2021	Income	Expenditure		22
		£	£	£	£
General funds		24,159	69,466	(76,091)	17,534
		""""""""	""""""""	""""""""	""""""""

��

Sandmartins Activity Club

Notes to the Financial Statements (continued)

Year ended 31 August 2023

17. Analysis of net assets between funds

			Unrestricted	Total Funds
			Funds	2023
			£	£
	Tangible fixed assets		3,853	3,853
	Current assets		12,696	12,696
	Creditors less than 1 year		(4,911)	(4,911)
			!!!!!!!!	!!!!!!!!
	Net assets		11,638	11,638
			""""""""	""""""""
			Unrestricted	Total Funds
			Funds	2022
			£	£
	Tangible fixed assets		5,138	5,138
	Current assets		17,847	17,847
	Creditors less than 1 year		(5,451)	(5,451)
			!!!!!!!!	!!!!!!!!
	Net assets		17,534	17,534
			""""""""	""""""""
18.	Analysis of changes in net debt
				At
		At 1 Sep 2022	Cash flows	31 Aug 2023
		£	£	£
	Cash at bank and in hand	17,847	(5,151)	12,696
		""""""""	"""""""	""""""""

��

Year ended 31 August 2023

Sandmartins Activity Club

Management Information

The following pages do not form part of the financial statements.

��

Sandmartins Activity Club

Detailed Statement of Financial Activities

Year ended 31 August 2023

	2023	2022
	£	£
Income and endowments
Donations and legacies
Committed giving	69,344	61,635
Grants receivable	–	6,600
Government grant income	–	1,228
	!!!!!!!!	!!!!!!!!
	69,344	69,463
	!!!!!!!!	!!!!!!!!
Investment income
Interest received on deposits	62	3
	!!!!	!!!!
	!!!!!!!!	!!!!!!!!
Total income	69,406	69,466
	""""""""	""""""""
Expenditure
Costs of other trading activities
Purchases	3,229	3,268
Wages and salaries	57,396	57,656
Other post-retirement benefits	120	417
Rent	6,000	6,000
Light and heat	1,502	2,116
Repairs and maintenance	840	847
Insurance	1,084	1,057
Other establishment	358	630
Other motor/travel costs	95	46
Legal and professional fees	413	335
Telephone	643	663
Other office costs	820	396
	!!!!!!!!	!!!!!!!!
	72,500	73,431
	!!!!!!!!	!!!!!!!!
Expenditure on charitable activities
Legal and professional fees	1,518	948
Depreciation	1,284	1,712
	!!!!!!!	!!!!!!!
	2,802	2,660
	!!!!!!!	!!!!!!!
	!!!!!!!!	!!!!!!!!
Total expenditure	75,302	76,091
	""""""""	""""""""
	!!!!!!!!	!!!!!!!!
Net expenditure	(5,896)	(6,625)
	""""""""	""""""""

��

Sandmartins Activity Club

Notes to the Detailed Statement of Financial Activities

Year ended 31 August 2023

	2023	2022
	£	£
Costs of other trading activities
Costs of other trading activities - Shop costs
Charitable activity - goods purchased	3,229	3,268
Charitable activity - wages and salaries	57,396	57,656
Charitable activity - staff costs and training	120	417
Charitable activity - rent	6,000	6,000
Charitable activity - light & heat	1,502	2,116
Charitable activity - repairs & maintenance	840	847
Charitable activity - insurance	1,084	1,057
Charitable activity - other establishment	358	630
Charitable activity - other motor/travel costs	95	46
Charitable activity - subscriptions	413	335
Charitable activity - telephone	643	663
Charitable activity - office costs and advertising	820	396
	!!!!!!!!	!!!!!!!!
	72,500	73,431
	!!!!!!!!	!!!!!!!!
	!!!!!!!!	!!!!!!!!
Costs of other trading activities	72,500	73,431
	""""""""	""""""""
Expenditure on charitable activities
Governance costs
Governance costs - accountancy fees	990	948
Governance costs - legal and other professional fees	528	–
Governance costs - depreciation	1,284	1,712
	!!!!!!!!	!!!!!!!!
	2,802	2,660
	!!!!!!!!	!!!!!!!!
	!!!!!!!	!!!!!!!
Expenditure on charitable activities	2,802 """""""	2,660 """""""