**Pen-y-ffordd Tennis Club**
**Financial Statements 30 September 2021**
**Charity Registered Number: 1162241**
**Pen-y-ffordd Tennis Club**
## **Financial Statements**
## **for the year ended 30 September 2021**
## **Contents**
||Page|
|---|---|
|Trustees Annual Report|1-2|
|Receipts and Payments Account|3|
|Statement of Assets and Liabilities|4|
**Pen-y-ffordd Tennis Club**
**Trustees’ Annual Report**
## **30 September 2021**
The Trustees present their report and the financial statements for the year ended 30 September 2021.
## **Reference and Administrative Details**
Charity Name Pen-y-ffordd Tennis Club Charity Registration Number 1162241 Principal Address Park Lane, Pen-y-ffordd, Flintshire, CH4 0HN Charity Trustees Mrs K E Glendenning Mr N P Edwards Mr T T Howard Mrs S L Bakewell (resigned 09 December 2021)
## **Objectives and Activities**
To promote community participation in healthy recreation in particular by the provision of facilities for playing tennis
To develop the talents of young tennis players by providing coaching facilities and competition opportunities
To provide equal opportunities for all groups within the sport, irrespective of gender, ethnic origin, religious or political belief or any kind of physical or mental disability
The trustees have had due regard to the Charity Commission’s guidance on public benefit, the above activities furthering the charity’s purpose in this area
## **Achievements and Performance**
Due to Coronavirus and in accordance to Government Guidance, we had to close the Club for 3 months between December 2020 and March 2021. We added the months missed onto existing membership, so everyone who was a member when we closed had their membership extended. This had an affect on cashflow over the year. However, we did receive further grants of £10,000 from Flintshire County Council over the period we were closed.
We were able in the year, to replace the perimeter fencing and the path around the tennis courts. We also purchased new patio furniture, a water boiler and hand dryer in the Club house.
Membership increased over the year and League matches were able to take place after missing a year. We introduced Pay and Play which proved very popular.
## **Future Plans**
We are still pursuing floodlights for the Club and hope to have a decision soon. The Courts are due to be repainted in 2022.
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## **Pen-y-ffordd Tennis Club**
## **Trustees’ Annual Report**
## **30 September 2021**
## **Financial Review**
The Club increased its cash funds over the year with a cash inflow of £72 leaving a balance was £31,414 in bank accounts at the year end. Cash receipts over the year were £17,323 which included a Discretionary Grants from Flintshire County Council of £10,000. Cash payments were £17,251 (2020 - £2,514) which included money spent on improving the Courts and Clubhouse of £14,580.
The Club has unrestricted reserves of £31,414 and has a reserve policy of setting aside £3,000 per year for resurfacing and repainting programme. An amount has also been set aside for future capital developments such as floodlights. The courts will need resurfacing in 20-25 years and the courts must be repainted every 3-4 years. There is currently £24,000 in the designated fund.
## **Structure, Governance and Management**
The charity was registered as a Charitable Incorporated Organisation on 17 June 2015.
At the formation of the CIO, the club requested volunteers to be appointed as CIO trustees. All volunteers were well-known to the club, having already many years of unpaid work for the club.
Approved on behalf of the board of Trustees by:
Mr N P Edwards – Chairman
9 December 2021
2
## **Pen-y-ffordd Tennis Club**
## **Receipts and Payments Account**
## **for the year ended 30 September 2021**
|**Year to**
**30/09/2021**
**Unrestricted**
**£**
**Receipts**
Membership
6,049
Donations and Fundraising
122
Grants
10,250
Pay and Play
769
Guest and Competition Fees
119
Interest Received
2
Other income
12
17,323
**Payments**
Coaching
-
Coaching course
599
Equipment
3,239
Promotion and advertising
-
Insurance
257
LTA Affiliation and fees
360
Utilities
210
Other expenses
-
Maintenance
207
Online fees
201
5073
Infrastructure developments and
Improvements
11,776
16,849
**Net increase in cash**
474
**Balance brought forward**
30,940
**Balance carried forward**
31,414|**Year to**
**30/09/2021**
**Restricted**
**£**
-
-
-
-
-
-
-
-
-
401
-
-
-
-
-
-
-
-
401
-
401
(401)
401
-|**Year to**
**30/09/2021**
**Total**
**£**
6,049
122
10,250
769
119
2
12
17,323
-
1,000
3,239
-
257
360
210
-
207
201
5,474
11,776
17,250
73
31,341
31,414||**Year to**
**30/09/2020**
**Total**
**£**
7,579
100
10,250
-
253
4
-
18,186
500
539
359
100
257
-
188
130
218
223
2,514
-
2,514
15,672
15,669
31,341|
|---|---|---|---|---|
||||||
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## **Pen-y-ffordd Tennis Club**
## **Statement of Assets and Liabilities**
## **As at 30 September 2021**
|**Cash Funds**
Bank Current Account
Bank Deposit Account
Paypal and Stripe
**Total**
**Funds**
Unrestricted funds
Designated funds
Restricted funds
**Total**|**2021**
£
21,385
10,002
27
31,414
7,414
24,000
-
31,414|**2020**
£
21,309
10,000
32
31,341
6,940
24,000
401
31,341|
|---|---|---|
## **Approval of Accounts**
On behalf of the Trustees, I approve this Receipts and Payments Account and the Statement of Assets and Liabilities for the year ended 30 September 2021.
Mr N P Edwards – Chairman
9 December 2021
## **Notes to the accounts**
## **Assets retained for the charity's own use**
Ownership of land at Park Lane, Pen-y-ffordd, accommodating three tennis courts and a modestly sized clubhouse Ownership of three well-maintained tennis courts Ownership of a brick-built structure that serves as a clubhouse for club members
There are no guarantees provided by the Charity which result in any liability as at 30 September 2021
There is no debt outstanding at 30 September 2021 which is secured by an express charge on any of the Charity’s assets
4