REGISTERED COMPANY NUMBER.. 07929633 (England and WaleBI REGISTERED CHARITY NUMBER: 1165312 ort of th8 TTU8t8es and rth Y rEn 1J8n 202 lor Freeman Carr Chartered Certified AccryJntants The Gatehouse 2 Devonhurst Place H8athf181d Terraco ChisMdck London W4 4JD
rave C Contents of the Flnancial Sl818ments r tho Year End£d 31 J Pag8 R818reThce and AdmlnlstralNa Detalls ChBlrm8n's Report Report of Ihg Trus¢eos 3 to 4 Indepeent Examlnerfs Report stat•mant of Fln8nclal Actlvltles Balance Sheet Notes to the Fin8Trcial Stalements 8 to 13 Delalkd Sl8t8rn9nl ol F&Tharla1 Actlvltl6s 14
Refarence and Adminlstrative D8tails rtho Y ar Ended 31 Ja TRUSTEES Ms A Clarkg. MBE, Chalr Mr C Hammond , VKe Chalr Mr R Ko1aczynski (resigned 11.1.241 Ms S Grant Mr J Wllson, Honorary Treasurer Mr M Hedges M5 C Needham Mr E Campb811-Whltg REGISTEReD OFFICE 287 Goldhawk Road London W12 8EU REGISTERED COMPANY NUM8eR 07929633 IErfjL8nd and Wales) REGISTERED CHARITY NUM8ER 1165312 INDEPENDENT exAMINER Freeman Carr Ch8rt8r8d C8rllfl9d Ac(x)untants The Gatehouse 2 Devonhurst PI8C8 Heathfleld T8¥race Chiswck London W44JD Page 1
al&Tr,8 Re ort forth Year Endod 31 Ja ua 202 In 2023, over e80 loeAI ¢hildr8n and young p80p18 aged 7 to 19 y88rs 811ended Th& Sulgrav8 Club at an average of 37 pgr day. Open five d8y8 a week, they enjoyed a variety ol athvlles and servlces, Including term-tlm8 youlh dub5 and after-school dubs. daytlrne holiday 8ctiwties and r85id8nll81s, 18stive fijn days and Informgtron worf(shops. HhlightS of th8 y88r w¥e uOUbled1Y th8 8nlhusiaslic partl¢lpatk)n of 68 chlldren and young Pe10 on our annual r88idenllal at Hindloap Warren Outdoor Aclivlty Centre durfng lh8 May hall term., the six w8ek8 of Junror Holiday a¢tlvltl6s and thre8 W88ks of Senlor Hollday acWMlles enjoyed by 164 chlldren and young pgople. Including our firsl ever provision over the Chri5tma8 holidays,. and hulY popular infl8t8bl8 lun days in the February and October half lem)s. At Umes. the funding Situation in 2023 was drfficult, but Ih8nk8 to the hard Work of Svarye at Iho Club- th8 Truste88, the 518ff. the chlldr8n and young peopfe. th8ir par8nt8 and carers. and OUE frfend8 In the C4)mmunity - w8 pulled through. endlng the y8arwilh a small surplus, funds In bank, and th8 prospect of longor tem fundlng in the future. 2023 Saw the depsrture of bvo of our Trustees . Marco Alidoro. on $&condfflent from London Youth, and Rob8rt KolaGyll5ki, who had been on Ihg board stnce 2011. 1 would Ilke to Ihank both of them lor Ihalr hard work ano commllment duAng thls and prevlous years. And I would Ilk8 to offer a wami welcom8 to our new Trusteg, Patrickq BenGh. who brings a wealth ol local knedge and exper¢8 to Ihe Board. Thank you to all my fellow Trustees, to our Club Manager, Nlck SazèhlBs, and to his dedlcated team of staff and volun188rs for Ihglr hard work in 2023. W8 ar8 now looking forward io the excillng challeng8 of Increasing and devefoplng our 8eNc88 and actilIeS In antiPti¢J of Th8 Sulgrave C4ub's fast-approachln9 100.yegr 8nnSvwsary 2026. Angela C18rk8 MBE (*almian of Trustees Pag8 2
1 Janu8 202 The truste88 who 8180 dlr8¢tors of charfty Icr the purposes of the Cornpani8s Art 26. present thelr report wlh th8 financlal slalement5 of the charity for lh8 year 8nded 31 January 2024. The trustee5 have a4Jopled the provisi8 of Accounting and R8POrtSng by Charflle$'. Slalemenl of RecommendBd Practlc8 8ppllcabl8 to charflles preparfng thelr accounts In ac¢ordan¢è wlth tho Flnancl81 Roporfng S18nd8rd 8ppllcable ITh the UK and Republlc of Ireland IFRS 1021 leffectlvo 1 January 20191. OBJECTIVES AND ACTivrriES Obl¢¢tiv•s and ¥ims i h¥ airn ol thB Club 15 lo help educ818 young p80ple through thelr lolsure tlmo a¢tlv5t185 SO to d8V81op thelr physlc81, mental. and splrftual capacllles. $0 that they may grow to full maturity 8s Individuals and members of socSety and that thelr condIOn$ of lifts might be impyoved. Publlc benefft The Iru5tees h8ve con8idergd the Charity Commlsslon's guidance on public b8n8fil, Includlng the guldanf 'public benefit.. runnlng a charity 9PBZ. The Club dlreclly b8n8fits thos8 chlldren and youth members who tak8 part En th8 Club's actlviU88, par8nis and cargr8 of those young peopl&, and tho schDols whlch they 8tt8nd. In addition, part8 of our PT8mi89s 8re 8v8llablts on 8hort- ¢x k)ng-tem use to bolh individu8ts. other ch8rttle8, and buslnesstss for an apprLyriat8 Consideration. ACHIEVEMENT AND PERFORMANCE Charltsble actlvltl85 The Chafity oporalos trorn a rnull-functlonal bulldlng 8t 28Y Goldhawk Road, Shepherds Bush. togèth8r with an annex incorporating a lafge game8 room and gymnaslum from whKh it offers a wide T8ng8 of sportlng and leatiOnal advltles. Slgnlficant actlvl¢leg The Club 15 Open slx nlghls a week off8rlng four After.School Club sesslons for chlldren In school years 24.. trK) Senlor Youth Club sesslons for young pgople In Bchool y88r 7 and 8bov8', one Interm8dlats Youth Club se$$Th for children and young people In school y88r8 6-8.. and one Junlor Youth Club session for children in school years 2-6. Durlng ha term and school holldays the Club offers a vallety of daytime activi118s, outings. and dentIal$ for ¢hild¥en in School years 3 and abovè. Fundr818lng actlvltlÈ$ The Chartty rents parts of Its premlses out durfng the Uma$ that It 45 not U58d for youth programme actlI18S. FINANCIAL REVIEW Prlnclpal fundlng 8our¢os We are grateful foT and would like to Ih8nk Ihe follong organlsatlons for grants received In 2023.. Addison Youth Th8 Dalsy Tru8t Hammersmilh United Charities Hollday Acllv51188 and Food Pmgramme IHAFI Jad( Pelchoy Charlt8bl8 Found8lon John Lyon'8 Charity LB Hammersmlth FsJTharn Llghtbulb Trust London Youth The Sulgrave Foundation Wales Foundatlon From F8bw8ry 2023 to January 2024, we Corded income of £208,975 and 8Kp8ndilure of £203,561, giving us a sulUS for tho year of £5,414. W8 brought forward rgserves of £89,6e7. Wg thgrefore carriad forward reserves of £95,081. whlc* 18 comlortatly more than thè mlnlmum resèNes wa beli8v8 Is prudent In ¢8s9 of unexp8fAed costs. Re$etv¢$ pollGy In nomial clrcumslanc•s the trustees con51dEr ft wudent to set 88ldg at 188St £50.000 lo meet )O¢t contIngenC8. To safeguard our income by way of donatEons Irom 0th8r charS1ies and bgrE8faclor6 we employ a part-llme fufidrai88r who puts our narne foThvard by way of appllcatlons for grants for ggneral youth work costs together th Speclfic oullngs and PTol8Ct6. Our prn&s have bB$n refurblshod to giva us moro 4cc855tbRty for youth work and to make thom moro altractivtr to poten81 tenants wtsk18 youth work hours. P8gg 3
for tho Yoar End£d 31 J8nu8 2024 FINANCIAL REVIEW Golng concern The Iru51ee5 con5id8r with the fadltth95 and r85ourc85 at its dlsposal that the Charfty Js a goSro conc8m 1h no Ihougm of c8aslng Its acue8 at any fvture dale. STRUCTURE, 130VERNANCE AND MANAGEMENT Govemlng document The charity is controlled by its governing docum8n( 8 deed of INSI. and ¢oThsUlutes a Ilrniled cornpany, limited by guarantee, as daffned by tho Companies Act 2fj. Ro¢ruitment and appolntment of new Iru8ts88 New Irusle95 arg appointed from time to time al th8 dE5cretn of the IrLBte8S. OrganS8allono1 •lructyre While the Sulgrave Foundation owns the prem1$ at 287 Goldhawk Road London W12. 11 has granted a leas& of the premlses to the Sulgrave Club from whkh the Club operates. Th8 d8y to day running ol Ihe Club together wlh the 6XNding of 811 moni88 procured. is totalty und8r th8 contrd of the Twstees, ol the Sulgrave Club Llmlted. Connodgd partles The Sulgrave Found9Ion owns the prem18$8 whlch the tharity operates and the Club recaives gr8nl revenu8 from investments held by Th8 Sulgrave Foundalion. A repr8S8n181iv8 of th8 Sulgrave FourKlalk)n has a permanènt posiuon on the manag8menl commttlee of the Sulgrave Club Llmlterj. The vlca-chalr of Ihe Sulgrav8 Club Umlled 18 81s0 8 trustse olthe Sufgrave Foundation. The Clut) has closo Ilnks wllh London Youth. th wthlch it ha5 affl11818 rn8mb8rshlp 8nd Is gulded by that organlsallon's 8lrns and princlp188 in all Its work %lh young p80pL8. A r8pr8s8nl8tive ol London Youth h86 the oplk)n of a p8rm8n8nt seat on the management committee of the Sulgrave Club Limited. The London Borough ol Hammorsmtth and Fulham has g5von tho Club finandal support through Serv level agreèments and one-off prolect grants over a great rnany years. An offic8r of thg Councll h88 the oplio¢) of 8 pemianenl S881 OTh the management commlttes of the Sulgrave Club Llmhed. R18k manag¢ment The Trustees have a duty to Idgnllfy and rtVi8W the risks to which the Club Is 8XPO88d and to ensure apwopriato controls are in p12C8 to provid8 r82sonable a88urance agalnsl fraud and 8rror. Tho trustees con$tr 5u¢h controls ar8 place malnly through onlSne banklrrtj and the procedur6$ for tt)6 authorfsatlon of paym8nts. To Identy r81evant Sk$ and appropriate controls, Ihe followlng factor5 consid8r8d.. The ch8riWs obj8CtIV88 and slr8tegig8', - The nature and scale of the charit15 actiwles., Exl8m81 leglslallon and regulallons - The opgrat5ng stru¢ture and pra¢11 of tho charfty. By pro8dvely managin9 these risks, the charity aim$ to enha[8 115 r8sili8nc8, proted its 888818, and Increase the Ilkelihood od achEèvlng 11$ mi58bn and obJecUve5. 2 f o C4Tr 2¢)118nd sign8d on Ils behaW by.. Approved by ord&r of the board oltrustee5 On....... ... CL 10 Liiie Page 4
Inde en rava Club Lirnit8d Independent examlnarf8 feport to the trustees of Sulgrava Club LITnlted rthè Company'l I report io the charily truste85 on Tny oxamlnallon of the accounts of the Company lor thg year ended 31 Jhnuary 2024. Respon$lbllitleg and b8818 of r8Ptsrt As the charily's trustees of the Company land also 518 directors for the purposes ol wmpany lawl YCAJ are respDnsSbl8 for lh8 prep8railon of tho a¢¢ounts In a¢wrdance Ihe roqulrements of lh8 Comp8ni8s Act 20061'the 2006 Art). Having 8ati5f18d myself that the accounts of the Company gre nol requir8d to be gudlted under Part 16 of th8 2006 Act and are ellglble for Ind8pendent examlnatlon. I report in re5pg01 of my examlnallon of your charitys accounts as carTred out undor Sedon 145 ol the Ch8ritles Act 2011 I'the 2011 A¢l'l. In carrying out tny examinallon I hav8 folk)w8d Ih Dlrectlons oiY8n by th8 Charity Commtsslon under Section 145151 Ibl of the 2011 Acl. Independont •xamlnee8 Stalgm¢ I have completed my examination. I confirm that no matters h8V8 m• to my attenuon In connectk)n vlth the 8xamlnalon gSving rn8 caus• to belleve.. accountiThJ records were nol kept in respect of thè Company as requlred by stIOn 386 01 the 2006 Act.. or the a¢counls do not accord wlh those CordS., or the accounts do not eompEy th the xcounting r8qthrements of Sectk)n 396 01 the 2006 Act olher Ih8n any reoulrement Ih8t th8 accounts g1 a Iwg and falr v18w whlch Is not a matter con81d8¥8d a5 part of an independent examlnatlon. or the accounts have not bBen prepared 8ccord8nce wth the mgthods and prinuples of the Statement of R8cofflmended Practlce for 8ccounUng and reportlng by charlt188 lapplicable to ¢har11188 preparing their accounts in ac<x)rd8nce th the FSnan¢lal R8POrtlng Standard appllcable In th9 UK and Republ1¢ ol Irgland IFRS 10211. I h8V8 no concem6 and havg rne 8LYOS8 no olher matters In ¢onnectk)n wllh tho axamlnauon io %thch at18nlion should be drawn In Ihis r8PCdt in order to enable a prop8r understandlng olthe a¢¢ounts to Teached. Hardeep Vtidee, FC Fregman Carr Chartered Cartffled Accountsnl$ The G8tshou88 2 Oevonhurst Pla( Heathfteld Terrac8 Ch15vAck London W4 4JD Date: ......... ..J.q .I.i 01..2.J2.4 Pag8 5
Clu ement of Flnan lorthe Ye d31Jan 31.1.24 Total funds 31.1.23 Total funds Unr88tri¢ted fund Reslrict8d fund Notes INCOME AND ENDOWMENTS FROM Don8Uon8 8nd18gades 84.6B4 88,732 173,416 193.585 Other tradlng a¢tIvleS Investmant Incotne 549 35,010 549 35,010 10.133 10,008 Tot 120,243 88,732 208.975 213.726 EXPENDITURE ON Ralslng lund$ 18.034 18,034 17,561 Charltable actlvltl88 Management Property Youth ActltIS Governgnce 11.138 45,188 36,029 4,440 11,138 45,188 124.761 4.440 10,36e 14S,812 2.200 Total 114.829 88,732 203.1 191,840 NET INCOME Transfer8 bgtween funds 5.414 25,352 5,414 21.886 15 125,3521 Not mov8men¢ In funds 30,766 125,3521 5,414 21,886 RECONCILIATION OF FUNDS Total funds brought fotward 64.315 25,352 89.887 67,781 TOTAL FUNDS CARRieD FORWARD ,081 95,081 89,667 Th8 notes fonn p8rt ofthese financ1 sla¢omonts Page 6
ub Llmlt8d B lance Sh881 31 Janua 24 31.1.24 Total funds 31.1.23 Total funds Unreslrioled fu Restrtctsd fund Notes FIXED ASSET8 T4nglblo a66ets 11 310 310 CURRENT ASSETS Stccks Debtors Cèsh at b8nk 12 13 100 1,028 109,320 100 552 138,583 1,028 137.635 28,315 110,448 28,31S 138,763 139.235 CREDITORS Amoun18 f811ing duè wtthln ong yoar 14 115,6771 128.3151 143,9921 150,4101 NET CURRENT ASSETS 94,771 94.771 88,825 TOTAL ASSEYS LESS CURRENT LIABILITIES 95,081 95,081 Bg.667 NET ASSET8 95.081 95.081 89.e67 FUNDS UnreStrted funds RestrfrI8d fund5 15 95,081 84,315 25,352 TOTAL FUNDS 95,081 89.667 Tho charftsb19 wmpany 1$ ènlllled to ex8mptton trom au(Slt under Secuon 477 of the Companles A¢t 2(Kl8 for the year 8nded 31 January 2024. Thè mèmbers have nol r8qulr8d tho company lo obtain an audit of ils finand81 st&t8m8n15 for the year ended 31 J8nu8ry 2024 in ae¢ord8nce Section 476 of tho Gompanle8 Act 2006. The Iru¥lees ackno%odge IhelT respons1lItIeS for ensuring that th8 charitable company ke8PS accounllng records that ojrnply vllth Sections 386 and 387 of th8 Cornp8nle5 Act 2006 and proparlng fln8nci815tatements vthkh glv8 a true and lair vlew ol the state of affalrs of the ¢harftable (x)mpany as at the end ol each financlal year of 1¢$ surplu8 or deficit for each finandal year in accordance vAth th8 requir8m8nt5 of Seollons 394 8nd 395 8nd whlch otheTwlse MAlh the roquir6ments of Ihg Compani85 Act 2006 latIng to financial Statements, so far as applicab18 to thtr charitable company. These flnandal $ta18ments hav8 bo6n propared In accordance vAth the provl$lon8 8pplk8b18 to ¢harilabl& companies $ubJ8ct lo th8 small companles regime. The financi81 statements wer8 approved by Ihe Board ol TN5tees and authorfsad lor issue on and wtre 81oned on Ils bgh8lf by.. Ibl n. Honorary Treasurer- Trust88 Th8 notes form part of th8S8 finandgl slaternonls Page 7
ve Club Lirnlled 8 Flnan Ye8r anua 2024 ACCOUNTING POLICIES Ba818 of proparfng the flnanclal statements The flngnclal statements of the charitable company, vthl¢h 15 a publlc benefit entily under FRS 102, hav8 b88n prepared in accordance wlh the Chari1Ses SORP IFRS 1021 'Accountlng and R8POrtlng by Charftles.. Slalement of Recommended Piactlc8 appllrable lo charities pr8paring their accounts Sn a¢eordanc8 vAlh thg Finan81 RgrKJrtlng Stsnd8rd 8ppll¢able In the UK and Republle of Ir818nd IFRS 1021 leffectlve 1 January 20191,, Financ481 Reportlng Standard 102 The Rnancial Reporn9 Stsndard appllcable In the UK and Republio of Ireland. and th? CompanSes Act 2006. The flnan¢Fal stat8m8nls have been ptsp8red under the historical cost conv8nQon. Publlc benefit The Tru$tees of Iha Sulgrave Club comply th gectbn 17151 of tha Ch8rf11es Act and in Carn0 out thè 8lrns aThJ object8 hav8 hatt ¢Jue regard to the Ch8rfty Commission'5 publ1¢ b8nefitguklance. Incom• All incorn8 16 recogni5ed in the Stslemenl of Finsnc¥al A¢llvitieS OllC8 the charfty has OttI88nt lo the fund$, tt 18 tyobable that the income wll be reCved and the amount Can b8 me86ured rellably. Exp8ndlture Llabililies 8r8 regn a5 8XP8ndllure as soon a$ there 1$ a18gol or con8trucllve obllgation commlttlng the charfty lo that oxpendllure. It Is probable that a transfer ol e¢onomic b8neflts will be r8quir8d In $ellleTnenl ar*1 the stnount of the obllgatlon can b8 m88$ured rellobly. Expendllure Is accounted for on an accru81s basls and has been Classified und8r headlngs that aggr8g818 all cost related lo the category. Where costs cannot b& dlreclly atlribuled to partkular headSngs Ih9y havo bogn alkxated lo atieS on 8 b8$1s con51stent W91h th8 use of resources. Tanglblo fSxed a88ets Depre¢tIOn 15 proed at the follong annu81 rates In ord8r to wSle off each a588t OV8r Its estimatwj us8fv1 IKe. Plant afid rnachlnery Motor v8hlcles Computer 8quiprnen¢ 25% on ¢t 25% on c051 25% on cosl stockg Stocks 8r8 Valued al the kNv8r of cost and not r8alls8ble value, after [arg du8 gllowanca for obsolete an slow movSng itetns. Taxatlon The charty is exempt from corporation tax on Its charllabla activll88. Flnanclal In8¢rum¢nts The company only enlers Into baslc flnanciql Iran$8clK)n8 th8t resutt In Ihe reCognn ol finarri818888ts aThJ IlabllSUe6 Ilkk Ga5h and bank balances, trade and other rjebtors and credllors, lOnS from banks and other thlrd partles and investments In non-puttable ordlnary Shares. Flnancbl ass8ts that aro moasur8d at cost and 8mortlsed cost are assessed at th8 end of each r8POrting perfod for objedlv8 evldence of irnp8irment. If objective evid8n¢e of irnpairmenl 18 found. an Itnpainnenl Is recognised in profit and loss. FInal&l as8et8 and Ilabllllles are offset, end the net amunl reported h the Balance Sheet when th8r8 Is an enlorceable right to Set off the reoJgni88d amounts and there Is an Intonllon to settlg on a n81 bas15 to reallse th8 asset and s8tt18 the liablllly slmultansously. Fund accovntlng unSIncted funds can be used in 8ccordanca the d)8rft8b19 oble¢tlve8 at Ihe dlscretron of the trustees. Reslrlcted fvnds Can onty be u8ed for porbcul&r r88lrlcted Pu05eS thIn the oble¢15 01 th8 tharfty. Reslrlctlons arise when speufi8d by the donor orwh8n funds are [ald for partkular restrfcted purp08es. Further 6Wan8lon of tho nature ond purpo88 of each lurKI Is Induded In the notes to lh8 fin8ndal statements. Page 8 Connu0d...
Sul r8ve Cl ot slolheF earE al Stat8rn8nts- gd31J 024 DONATIONS AND LEGACIES Unrestdcted R8thcted 31.1.24 31.1.23 Grants recelved sbSCptlonS recad 80,000 4,685 88.732 168.732 4.685 188,794 4,791 OTHER TRADING ACTIVITIES 31.1.24 31.1.23 LBHF R818 Rebate Nèt Vendlng Incom8 5,850 4.283 549 549 10,133 INVESTMENT INCOME 31.1.24 31.1.23 Rents rec8iV8d Deposit &ccounl In18r8St 34.743 267 9.875 133 35.010 10,OD8 RAtSlNG FUNDS Investmont managoment costs 31.1.24 31.1.23 Intoresl payab18 and slmllar charge8 120 CHARITABLE ACTIVITIES COSTS Dlr8cI Costs Support costs Tot818 Man&gement Property Youth Acllvlti8S Goveman¢e 11.138 11,138 45,188 124,761 4,440 45.188 124.761 4,440 11.138 174.389 165.527 2024 2023 Indepwd8nt exam1ner Page g contlDued...
rav8 Club Litnit6d esloth F th8Y nded 31 J tatem tlnued NET INCOMEIIEXPENDITUREI Net Incomellèxpendlturel Is stat8d after ¢h8rglngll¢r8ditlngl.' 31.1.24 31.1.23 DepreclaUon. ownEd as39ts 632 631 TRUSTeES' REMUNERATION AND BENEFITS There We no tIU8tees' remunaratlon or other bon8fi18 for year ended 31 January 2024 nor for Ihe year erell 31 January 2023. TTUSt¢es' •xpens0 Th8re no INstees' exp8n8es pald for lh8 year ended 31 January 2024 )r lor th8 year ended 31 January 2023. STAFF COSTS Total staff costs for lh6 year 8nded 31 Janu8ry2024 were: 2024 2023 S81arios and w8ggS The av8rage monthly numberofemtyoy888 duAno the yearwas as follo.. 31.1.24 12 Youth Workers 31.1.23 12 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrethctod fund Re8tr4cted fund Total fvnds INCOME AND ENDOWMENTS FROM Donations and legau88 61,051 132,534 193.585 Other Iradlng a¢tilAt$ Inv88tment Incom8 10.133 1D,008 10,133 10.008 Tolal 81,192 132,534 213.726 EXPENDITURE ON Raising funds 17,561 17.561 Charltabl• actlvl¢lg8 Management Property Youth Aclivll6s Govgmanca 10.366 27,239 13,278 2,200 10.366 15,901 145.812 2.200 111.3381 132.534 rotal 70.644 121,196 191,840 NET INCOME Transfers betwaen funds 10,548 11,338 11.338 111,3381 21.888 Not movoment In funds 21,886 21.886 RECONCILIATION OF FUNDS Tol81 funds brought folward 42,429 25,352 67.781 PagB 10 canlnued...
ubLi the Flnancial S ents- contin th8Y anua 202 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- contlnuod Unre51Cted fund Re5trfcted fund Total funds TOTAL FUNDS CARRIED FORWARD 64,315 25,352 89,667 11. TANGIBLE FIXED ASSET8 Plant arrfl machln8ry Motor vehk188 Computer equipment Totals COST At 1 Febru8ry 2023 and 31 January 2024 8,416 11,520 2.123 22.059 DEPRECIATION At l February 2023 Charge fory8ar 8,416 11.520 1.261 532 21,217 532 At 31 January 2024 8.418 11,520 1,813 21,749 NET BOOK VALUE At 31 January 2024 310 310 At 31 Janry 2023 12. STOCKS 31.1.24 31.1.23 Slocks 100 10D 13. DEBTORS.. AMOUNTS FALLING DUE WH1N ONE YEAR 31.1.24 31.1.23 Accru income Pffjpayments 902 128 552 1,028 552 CREDITORS: AMOUNTS FALLING DUE lITHIN ONE YEAR 31.1.24 31.1.23 So¢i8I security and othertaxg Other ¢redilors AccruaFs and doferred Income 2,087 1,747 40,158 39,316 1,227 9,867 43.992 50,410 15. MOVEMENTIN FUNDS Net movement in fvnds Tran8f8rs At 3fj.1.24 At 1.2.23 fvnds Unr88trEd•d fund4 Unrestrthd funds 64,315 8,414 25.352 95.081 Ro$¢rlctsd funds Re8trict8d funds 25.352 125.3521 TOTAL FUNDS 89,667 5,414 95.081 P8ge 11 ¢(tInued...
rave Clu stolhe Fl th8 31J 2024 1S, MOVEMENT IN FUNI)S- contlnued Net movemenl tn funds, Includsd In lh8 above as follow8.. Incomlng resources R880urc8S expend Movement In fUS Unrestrlctgd fund8 Unrestr¢cted funds 120,243 1114.8291 5.414 Re8trf¢ted fund8 Restrf¢ted fund5 86,732 188,732) TOTAL FUNDS 208.975 1203,5611 5,414 Comparatlva$ for movemont In funds N81 movernent ITh funds Transfers beiween funds At 31.1.23 At 1.2.22 Unr•8trlcted fund$ Unre$lrKled fvnd8 42,429 10.548 11,338 E4,315 Rvstrlcted funds Reslricted funds 25,352 11,338 111,3381 25.362 TOTAL FUNDS 67,781 21,886 89,667 Cornparallve n8t rnovemonl In fLmd8. Induded in the 8bove are as follo.. Incomln9 $ourcos Resources expended Mov8m&nt In lunds Unre8trl¢ted funds Unre51rlcted funds 81.192 (70,6441 10.648 Restrlcted funda Restrfcle¢f lunds 132,534 1121.1%) 11,338 TOTAL FUNDS 213,728 1191,8401 21.886 A ¢urr8nt y8ar 12 months and OrY6#r 12 months mbined posltlon a5 follovjs.. Net movement In fund5 Transfer8 b8h¥een fuNJs At 31.1.24 At 1.2.22 Unrestrlcted fund8 UnrEstrlcled funds 42.429 15.962 36,690 95.081 Restrl¢t8d fund8 R05tsictsd fvnds 25,352 11,338 136.6901 TOTAL FUND8 67,781 27.3QO 95.081 Page 12 conllnued...
nts- nnu MOVEMENT IN FUNDS. ¢orrtlnu•d Acuffant year 12 month& and prlor yw 12 month# c¥Jrnblned n8t mrnent In fund4 In¢k¢d•d In tho abov8 are asfolloM.' InmIng resources RasouTc88 Movgm8nt expendad In funds Unr••trfct•d fund• Unre8trlcted lund6 201,435 {185,473) 15,962 R••trl¢t•d fund• Rg8trfcied fvnd8 221.286 1209.928) 11.338 TOTAL FUNDS 422,701 1395,4011 27.300 1& RELATED PARTY 018CL08URE8 rave Foundalon the pfem1888 from Ihe clwlty operat06 and the Cbjb recelvès grant r8wnu8 from InvostmgTrts held by Th8 SUrn¥8 Foundalon. A Tepre8entat oftho 8ulgrave FadatIon has 8 F4miAnent P081Ion on the managamant eommltte9 of thg Sulgrave Cjstsb Lfjmtt. Th8 vlce-chalf of Ihe Sulgrave Club Llmlted Is also a trustse of the Sulgrove Foundalon. 17. COMPANY UMITED BY GUAAAIItEe Sulgrave Club Llmlted Is a eompoty Ilmlted by guarantee and 8c£cidlngty dt)08 Th)t have a Bh8r• fAW. p18