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2021-05-31-accounts

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Summary ofthe main
achievements
ofthe charity
during the year
The charity supported
the parish council as they placed a contract to
build the new pavilion. Various donations
were given tothe parish council
to assist in furthering
the build. The pavilion
build should have been
completed
during
this pedod, however problems
with the builder and
other delays meant that itwas to be some considerable
time before the
building
was complete.
It had been previously
recognised
that raising the significant
funds
required
for the new building
would take time, and our efforts were not
helped
by the start ofthe pandemic
during
this period, which temporarily
closed some national
grant funding
schemes.
The Trustees also liaised with the various sports and other clubs using
the village green (on which the new pavilion
is to be built) to prepare an
achievable
ongoing
plan to further development
in both sporting
and
community
activities, supported
by both the organisation
itself and the
facilities as they become available
in the new building.
.
The Trustees continue to authorise to authorise to authorise a "buy a brick" a "buy a brick" a "buy a brick" scheme, under which scheme, under which scheme, under which scheme, under which
Brief statement
ofthe
charity's
policy on reserves
donors can contribute
into the new building.
to an engraved
These donations
brick which
are given
will be incorporated
on the understanding
that they will be returned ifthe building is not started in a reasonable time
(to be determined).
They
are therefore held separately.
All other income is available for use by the Charity. It is anticipated that
any significant
grant income
will be directly transferred to the Parish
Council to fund the new building as there may be practical and financial
advanta
es in that arran
ement.
Details ofany funds
in deficit
materially N
f
o unds are in deficit.
Further financial
review details
(Optional
information)
You may choose to include
additional
information,
where
The Charity has no investment
policy at this time.
necessary as and when significant
grant funding
One may become
is obtained.
relevant
about:
~ the charity's
principal
sources offunds (including
any fundraising);
~ how expenditure has
supported
the key
objectives
ofthe charity;
~ investment
policy
and
objectives
including
any
ethical investment policy
adopted.
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Edlesborough Community Community Sports Club C.I.O. Sports Club C.I.O.
Income and Expenditure Account
12months ending 31st May 2021 12months 12months
ended ended
31.05.21 31.05.20.
f F
Income
Donations
from Fund
Raising Activities 34,105.52 4,204.56
E~dit
Bank Charges
Fees and expenses
75.00
26 758.71
60.00
6,093.63
Surplus/-Deficit
for
the period 7,271.81 1,949.07
Edlesborough Community Sports Club C.I.O.
Balance Sheet
At At
31.05.21. 31.05.20.
f
Fixed Assets None None
Current Assets
Balance at Bank
20,476.30 13,204.49
Current
Liabilities
None None None
Total Net Assets 20,476.30 13,204.49
Reserves brought
forward
Surplus/-Deficit
for the year
1320449
7271.81
15,153.56
-1,949.07
Total Unrestricted Reserves 20,476.30 13,204.49
Edlesborough
Community
Sports Club C.I.O.
Registered
Charity
Number: 1160939
K. Holloway
Signed by:
Date:
t%(/ z-a.z
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