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Pen-y-ffordd Tennis Club Financial Statements

30 September 2022 Charity Registered Number: 1162241

Pen-y-ffordd Tennis Club

Financial Statements

Year Ended 30 September 2022

	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 2022

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: Mr MT Perkins Mrs K Fussnegger Mr JA McDonald

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

After many years effort, the Club was finally able to install floodlights on Courts 1 and 2 during the summer of 2022. This has enabled the creation of a thriving midweek social group of over 40 members. The social sessions take place twice weekly, year-round. The floodlights have also allowed members of the Club’s competing squads to practice throughout the winter.

A new smart access system was also installed as part of the floodlight scheme which has increased security and improved the Club’s Pay and Play offering.

The Courts were all repainted and nets replaced which, combined with the improvements made in 2021, have significantly upgraded the fabric of the Club.

Membership increased over the year and in a bid to increase court usage during weekday, daytime hours, a daytime social group was recently formed with members playing twice weekly.

The Club fielded three teams in the North Wales Summer League with around 20 members participating in matches against other clubs across the region.

A number of committee member and trustees decided to step back or reduce their commitment to the Club. Each of the vacant roles have been filled and the Club now has a thriving committee of 16 members.

Pen-y-ffordd Tennis Club Trustees’ Annual Report

30 September 2022

Future Plans

This summer will see a new Rusty Rackets course running as well as sessions supported by Amazon Prime designed to increase the number of girls playing tennis.

Financial Review

Outgoings related to upgrades completed at the Club resulted in a deficit of £15,925 leaving a balance was £15,489 in bank accounts at the year end. Cash receipts over the year were £39,846 which included grants received from Sports Council Wales, Sportslot and Penyffordd Community Council. Cash payments were £55,772 (2021 - £17,251) which included money spent on improving the Courts of £44,095.

The Club has unrestricted reserves of £489 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 £15,000 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 MT Perkins – Chairman

21[st] July 2023