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2023-09-30-accounts

Trustee’s Report 2023/24

New Clubhouse

The old clubhouse was demolished during March and April 2024. Work has started on the foundations for the new one. This is a very positive development for the club.

Asset of Community Value

Five years ago the Club received approval from the Council to be listed on one of their registers as being an Asset of Community Value. This status brought a number of advantages, and in particular it helped us during our lengthy negotiations for our new lease.

This approval lasts for 5 years, we are in the process of renewing this designation.

Coaching Team

Our adult coached sessions continue to be very popular, both with our members and members of the public. Our coaching sessions (Mondays / Tuesdays / Wednesdays and Saturdays) regularly have 20 or more participants. We also have club play (members only) on Wednesdays and Sundays, these are coach led and are extremely popular with our members. We have three coaches, and two playing members who are in training to become coaches.

Our coaches also provide tennis lessons in many local schools, and are planning to set up an “East Suffolk Schools Tennis Festival” which will help to promote our club in the local community, and attract new members.

Competitive Tennis

We fielded four teams in the The Lowestoft 2023 Summer League. Our A team remains in Division 1. We also entered teams into the Norwich Winter league.

Registered Charity No. 1162538

Affiliated to the Lawn Tennis Association, National Tennis Centre, 100 Priory Lane, Roehampton, London, SW15 5JQ

Membership

Membership prices were increased by a small amount in June 2023. For the first time we

offered Lifetime Memberships, which were taken up by 6 members.

Membership runs from June to June, and the fees are reduced quarterly.

Membership numbers remain stable at 240.

Safeguarding and Welfare

During 2023/24, there were only three minor incidences on court which

were reported in the accident report book. All three were treated by First Aiders on court, no further action was required.

Finance and Fundraising

Our accounting year ended 30th September 2023. Our total income was £50k. Total expenses were £19k.

Membership fees brought in £20k and fundraising raised £29k.

Social

Our social events included: Strawberries & Cream tournament, Music and Chilli Night, Tennis members outing to the Cromer Tennis Club and a Christmas party.

We are planning to set up up a junior Social Committee so that we can run some social events for our junior members.

Trustees:

Sarah Rollo

Marion Diamond

Dee Jennings

Cath Fox

Steve Robinson – Trustee Administrator

12/05/2024

Registered Charity No. 1162538

Affiliated to the Lawn Tennis Association, National Tennis Centre, 100 Priory Lane, Roehampton, London, SW15 5JQ

Southwold & District Tennis Club

Profit and Loss Report

01 October, 2022 - 30 September, 2023

Sales
4000 - Membership Subs 20,078.00
4010 - 100 Club 56.00
4020 - Guest Fees 40.00
4030 - Stripe Income 0.25
4040 - Match Fees 78.00
4050 - Camp Fees 300.00
4060 - Court Fees/Light Tokens 265.00
4900 - Fundraising 28,916.20
4920 - Gross Interest Received 640.56
Total Sales £50,374.01
Direct Expenses
5060 - 100 Club Prizes 54.00
Total Direct Expenses £54.00
GROSS PROFIT / LOSS £50,320.01
Overheads
5000 - Tennis Coaching Programme 2,000.00
5020 - League Fees 560.00
5050 - Match Coaching 135.00
7100 - Rent 2,100.00
7110 - Water and Sewerage Rates 390.11
7120 - General Rates 88.52
7130 - Premises Insurance 738.51
7200 - Electricity 750.82

18 Jan 2024 10:40

Page 1 of 2

7520 - Office Stationery
53.33
7610 - Accountancy Fees
165.60
7800 - Repairs and Renewals
8,330.72
7810 - Cleaning
67.50
7910 - Stripe/Clubspark Fees
758.08
8200 - General Expenses
86.30
8210 - Subscriptions
380.00
8240 - Refreshments
9.62
8250 - Advertising
174.31
8260 - Tennis Balls
924.00
8270 - First Aid Supplies
404.85
8280 - Gifts/ Vouchers
97.00
8290 - Court Equipment Parts
576.00
Total Overheads £18,790.27
NET PROFIT / LOSS £31,529.74

18 Jan 2024 10:40

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nni ounts Y/E 30 th Ex min th 24. In examining the accounts, I looked at the memberships. fundraising, current and slink fund accounts. I checked the payments in and out of the accounts. the transfers between the accounts and compared the different income streams with last year. I have Looked at the expenditure during the year. the invoices received and compared them with previous years. Summary The accounts are very neat and precise and complete. I have no hesitation in stating that I find the profit and Loss account to be an accurate representation of the accounts given. Andrew Taylor ANGELA CLDX]cR Wingfield 34, Halesworth Road Reydon T￿C￿SLI￿E Suffolk a+. L)i.J