REGISTERED COMPANY NUMBER: 09931923 (England and Wales) REGISTERED CHARITY NUMBER: 1165757
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
FOR
EREWASH INDOOR BOWLS CENTRE
Lemans
29 Arboretum Street Nottingham Nottinghamshire NG1 4JA
EREWASH INDOOR BOWLS CENTRE
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 15 |
| Detailed Statement of Financial Activities | 16 | to | 17 |
EREWASH INDOOR BOWLS CENTRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 May 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland published in October 2019.
OBJECTIVES AND ACTIVITIES Objectives and aims
The objects of the charity are:
-
the promotion of community participation in healthy recreation for the benefit of the inhabitants of the area of benefit in particular by the provision of facilities for the playing of indoor bowls; and
-
to provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.
The charity provides premises and facilities for leisure and the advancement of indoor bowling for all age groups.
Significant activities
As for all of you our year has been very challenging. We were aware at the beginning of this financial year that finances would be tight, and we would expect to make a loss. The question was how big that loss would be.
Although we had an increase in rink fees, we saw a slight decline in footfall this included both league and casual sessions. Our utility bills quadrupled in price and wages and other costs all increased. The Board of Directors had taken the decision early on not to increase subscriptions in an effort to retain our membership and footfall, this seems to have been relatively successful.
In February we ran an open day and recruited some sixty-six members on the day. This has led to a slight increase in the footfall of casual sessions. You will see when looking at the accounts there was a small increase in wage costs in part due to extra cover having to be provided during our managers illness. The loss we are seeing, after depreciation is taken out is not as large as we first anticipated this in the main is due to good housekeeping and low maintenance costs (although we did have to purchase a new coffee machine just before the end of the financial year).
It is hoped that next year with our planned increase in subs and one off utility charge we will be able to break even and return to profit the year after.
Our report would not be complete without passing on our personal thanks to Louise, John and the management team for their help and dedication throughout the year.
Public benefit
The Charity's activities are undertaken to further its purposes for the public benefit and the trustees have had regard to the Charity Commission's guidance on public benefit.
Page 1
EREWASH INDOOR BOWLS CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MAY 2024
FINANCIAL REVIEW
Reserves policy
The Trustees consider that a reserves policy of £20,000 is appropriate to equate broadly to two months normal running costs. It is considered that future cash flows and bank balances will be adequate to achieve this. The unrestricted reserves (net current assets) at 31 May 2024 are £58,934.
FUTURE PLANS
The Trustees have reviewed the impact of coronavirus on the future trading of the charity and are happy that the centre can continue to operate for the foreseeable future.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Charity is a company limited by guarantee and is governed by its Memorandum and Articles of Association dated 30 December 2015 together with related bye laws.
Recruitment and appointment of new trustees
Trustees are appointed by ordinary resolution of the Charity members and are selected for their skills and personal qualities appropriate to the aims and objectives of the Charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
09931923 (England and Wales)
Registered Charity number
1165757
Registered office
29 Arboretum Street Nottingham NG1 4JA
Principal address
Grange Park Station Road Long Eaton Nottinghamshire NG10 2EE
Trustees
R Cowell Mrs A Hewitt Mrs S O Jordan-Smith Mrs N A Hazzledine MBE Mrs L E Fryatt Director M Potter Director B Thomas R N Guyler Director (appointed 28.10.23)
Company Secretary
Mrs S O Jordan-Smith
Page 2
EREWASH INDOOR BOWLS CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MAY 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
K Mealand FCCA Lemans 29 Arboretum Street Nottingham Nottinghamshire NG1 4JA
Bankers
NatWest Plc Long Eaton Nottingham
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 9 July 2024 and signed on its behalf by:
R Cowell - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EREWASH INDOOR BOWLS CENTRE
Independent examiner's report to the trustees of Erewash Indoor Bowls Centre ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 May 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
K Mealand FCCA
Lemans 29 Arboretum Street Nottingham Nottinghamshire NG1 4JA
Date: .............................................
Page 4
EREWASH INDOOR BOWLS CENTRE
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MAY 2024
| 31.5.24 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 3 7,713 Other trading activities 4 148,094 Investment income 5 472 Total 156,279 EXPENDITURE ON Charitable activities General 174,658 NET INCOME/(EXPENDITURE) (18,379) RECONCILIATION OF FUNDS Total funds brought forward 592,642 TOTAL FUNDS CARRIED FORWARD 574,263 |
31.5.23 Total funds £ 15,469 148,985 - 164,454 170,755 (6,301) 598,943 592,642 |
|---|---|
The notes form part of these financial statements
Page 5
EREWASH INDOOR BOWLS CENTRE
BALANCE SHEET
31 MAY 2024
| Notes FIXED ASSETS Tangible assets 10 Investments 11 CURRENT ASSETS Debtors 12 Cash at bank and in hand CREDITORS Amounts falling due within one year 13 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 14 NET ASSETS FUNDS 18 Unrestricted funds TOTAL FUNDS |
31.5.24 Unrestricted fund £ 536,932 36 536,968 34,869 44,909 79,778 (20,844) 58,934 595,902 (21,639) 574,263 574,263 574,263 |
31.5.23 Total funds £ 551,996 36 552,032 28,500 68,450 96,950 (19,419) 77,531 629,563 (36,921) 592,642 592,642 592,642 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
continued...
EREWASH INDOOR BOWLS CENTRE
BALANCE SHEET - continued
31 MAY 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 9 July 2024 and were signed on its behalf by:
R Cowell - Trustee
S O Jordan-Smith - Trustee
The notes form part of these financial statements
Page 7
EREWASH INDOOR BOWLS CENTRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024
1. STATUTORY INFORMATION
Erewash Indoor Bowls Centre is a company limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found in the Report of the Trustees.
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice. The financial statements have been prepared under the historical cost convention.
The financial statements are prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest pound.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
Income
All income is recognised in the Statement of Financial Activities once the charity has legal entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Property improvements - 2% on cost Fixtures and fittings - 15% on reducing balance Computer equipment - 33% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 8
EREWASH INDOOR BOWLS CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2024
2. ACCOUNTING POLICIES - continued
Hire purchase and leasing commitments
Rentals payable under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Debtors and creditors
Debtors and creditors receivable or payable within one year are recorded at transaction price.
Fixed asset investments
Fixed asset investments relate to the shares held in Erewash Indoor Bowling Club Ltd.
Cash at Bank
The charity holds sufficient funds in order to meet its short-term cash commitments as they fall due.
Investments
The charity's subsidiary is accounted for at cost.
3. DONATIONS AND LEGACIES
| 31.5.24 | 31.5.23 | |
|---|---|---|
| £ | £ | |
| Donations | 7,713 | 13,169 |
| Grants received | - | 2,300 |
| 7,713 | 15,469 |
4.
OTHER TRADING ACTIVITIES
| Fundraising events Rink fees League fees Club competition entry fees National competition entry fees Guest fees Membership fees Door fobs Locker keys Sales (not bar) Miscellaneous income Room Hire |
31.5.24 £ 2,921 109,010 2,550 608 39 32 26,786 140 2,100 1,882 685 1,341 148,094 |
31.5.23 £ 2,828 107,936 2,811 610 25 80 27,461 90 2,245 1,666 2,253 980 |
|---|---|---|
| 148,985 |
continued...
Page 9
EREWASH INDOOR BOWLS CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2024
5. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 31.5.24 | 31.5.23 | |
| £ | £ | |
| Interest receivable - trading | 472 | - |
| NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | ||
| 31.5.24 | 31.5.23 | |
| £ | £ | |
| Depreciation - owned assets | 15,064 | 15,460 |
| Independent examination | 2,703 | 2,550 |
| Other accountancy fees | 2,785 | 2,488 |
6. NET INCOME/(EXPENDITURE)
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 May 2024 nor for the year ended 31 May 2023.
Trustees' expenses
Travelling and telephone expenses of £414 (2023 - £416) were paid to one Trustee during the year.
8. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31.5.24 | 31.5.23 | |
|---|---|---|
| Employees | 4 | 4 |
No employees received emoluments in excess of £60,000.
9. PENSION COMMITMENTS
The charity operates a defined contribution scheme. The assets are managed independently of the charity and contributions are charged to the Statement of Financial Activities in the period they are made. The charge for the year was £1,754 (2023 - £1,670).
continued...
Page 10
EREWASH INDOOR BOWLS CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2024
10. TANGIBLE FIXED ASSETS
| Property improvements £ COST At 1 June 2023 and 31 May 2024 623,806 DEPRECIATION At 1 June 2023 87,333 Charge for year 12,476 At 31 May 2024 99,809 NET BOOK VALUE At 31 May 2024 523,997 At 31 May 2023 536,473 |
Fixtures and fittings £ 44,277 29,267 2,252 31,519 12,758 15,010 |
Computer equipment £ 2,362 1,849 336 2,185 177 513 |
Totals £ 670,445 |
|---|---|---|---|
| 118,449 15,064 |
|||
| 133,513 | |||
| 536,932 | |||
| 551,996 |
The charity leases the land from Erewash Borough Council under a 99 year lease dated 11 August 1982 and a supplemental lease dated 11 March 1999, the rent for which is renegotiated every 5 years.
The cost above relates to the building of the club facilities from which the centre operates.
11. FIXED ASSET INVESTMENTS
| FIXED ASSET INVESTMENTS | |
|---|---|
| Shares in | |
| group | |
| undertakings | |
| £ | |
| COST LESS IMPAIRMENT | |
| At 1 June 2023 and 31 May 2024 | 36 |
| NET BOOK VALUE | |
| At 31 May 2024 | 36 |
| At 31 May 2023 | 36 |
There were no investment assets outside the UK.
The company's investments at the balance sheet date in the share capital of companies include the following:
Erewash Indoor Bowling Club Limited (Reg. No.01641261)
Registered office: 29 Arboretum Street, Nottingham, NG1 4JA Nature of business: provision of beverages and catering
| Nature of business: provision of beverages | and catering | ||
|---|---|---|---|
| % | |||
| Class of share: | holding | ||
| Ordinary | 100 | ||
| 31.5.24 | 31.5.23 | ||
| £ | £ | ||
| Aggregate capital and reserves | 2,285 | 8,536 | |
| (Loss)/profit for the year | (6,251) | 7 |
continued...
Page 11
EREWASH INDOOR BOWLS CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2024
| 12. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|
| 31.5.24 | 31.5.23 | ||
| £ | £ | ||
| Amount owed by group | |||
| undertaking | 31,746 | 25,216 | |
| Other debtors | 2,546 | 2,692 | |
| Prepayments | 577 | 592 | |
| 34,869 | 28,500 | ||
| 13. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 31.5.24 | 31.5.23 | ||
| £ | £ | ||
| Bank loans and overdrafts (see note 15) | 14,631 | 14,631 | |
| Trade creditors | 2,148 | 885 | |
| Social security and other taxes | 245 | - | |
| Other creditors | 738 | 33 | |
| Accrued expenses | 3,082 | 3,870 | |
| 20,844 | 19,419 | ||
| 14. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||
| 31.5.24 | 31.5.23 | ||
| £ | £ | ||
| Bank loans (see note 15) | 21,639 | 36,921 | |
| 15. | LOANS | ||
| An analysis of the maturity of loans is given below: | |||
| 31.5.24 | 31.5.23 | ||
| £ | £ | ||
| Amounts falling due within one year on demand: | |||
| Bank loans | 14,631 | 14,631 | |
| Amounts falling between one and two years: | |||
| Bank loans - 1-2 years | 14,631 | 14,631 | |
| Amounts falling due between two and five years: | |||
| Bank loans - 2-5 years | 7,008 | 22,290 |
continued...
Page 12
EREWASH INDOOR BOWLS CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2024
16. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
| 31.5.24 | 31.5.23 | |
|---|---|---|
| £ | £ | |
| Within one year | - | 34 |
| SECURED DEBTS | ||
| The following secured debts are included within creditors: | ||
| 31.5.24 | 31.5.23 | |
| £ | £ | |
| Bank loans | 36,270 | 51,552 |
17. SECURED DEBTS
The bank loan is secured by a legal charge over the Charity's property and fixtures at Grange Park, Long Eaton, Nottingham.
18. MOVEMENT IN FUNDS
| Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS |
At 1.6.23 £ 592,642 592,642 Incoming resources £ 156,279 156,279 |
Net movement At in funds 31.5.24 £ £ (18,379) 574,263 (18,379) 574,263 Resources Movement expended in funds £ £ (174,658) (18,379) (174,658) (18,379) |
At 31.5.24 £ 574,263 |
|---|---|---|---|
| 574,263 | |||
| (18,379) |
continued...
Page 13
EREWASH INDOOR BOWLS CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2024
18. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.6.22 £ Unrestricted funds General fund 598,943 TOTAL FUNDS 598,943 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 164,454 TOTAL FUNDS 164,454 A current year 12 months and prior year 12 months combined position is as follows: At 1.6.22 £ Unrestricted funds General fund 598,943 TOTAL FUNDS 598,943 |
Net movement At in funds 31.5.23 £ £ (6,301) 592,642 (6,301) 592,642 Resources Movement expended in funds £ £ (170,755) (6,301) (170,755) (6,301) Net movement At in funds 31.5.24 £ £ (24,680) 574,263 (24,680) 574,263 |
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 320,733 320,733 |
Resources Movement expended in funds £ £ (345,413) (24,680) (345,413) (24,680) |
|---|---|---|
continued...
Page 14
EREWASH INDOOR BOWLS CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2024
19. RELATED PARTY DISCLOSURES
During the year donations of £Nil (2023 - £5,000) were received from the Charity's subsidiary Erewash Indoor Bowling Club Ltd.
At 31 May 2024 £31,746 (2023 - £25,216) was due from the subsidiary.
During the year donations of £3,100 were received (without conditions) from the Charity's Trustees.
Page 15
EREWASH INDOOR BOWLS CENTRE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2024
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2024 |
||
|---|---|---|
| 31.5.24 | 31.5.23 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 7,713 | 13,169 |
| Grants received | - | 2,300 |
| 7,713 | 15,469 | |
| Other trading activities | ||
| Fundraising events | 2,921 | 2,828 |
| Rink fees | 109,010 | 107,936 |
| League fees | 2,550 | 2,811 |
| Club competition entry fees | 608 | 610 |
| National competition entry fees | 39 | 25 |
| Guest fees | 32 | 80 |
| Membership fees | 26,786 | 27,461 |
| Door fobs | 140 | 90 |
| Locker keys | 2,100 | 2,245 |
| Sales (not bar) | 1,882 | 1,666 |
| Miscellaneous income | 685 | 2,253 |
| Room Hire | 1,341 | 980 |
| 148,094 | 148,985 | |
| Investment income | ||
| Interest receivable - trading | 472 | - |
| Total incoming resources | 156,279 | 164,454 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 46,672 | 47,938 |
| Pensions | 1,754 | 1,670 |
| Rent, rates and water | 18,506 | 18,836 |
| Insurance | 4,860 | 4,270 |
| Light and heat | 45,082 | 23,006 |
| Telephone | 1,501 | 1,478 |
| Postage and stationery | 582 | 695 |
| Advertising | - | 25 |
| Sundries | 4,256 | 4,398 |
| Computers and software | 5,619 | 416 |
| Repairs and renewals | 5,950 | 28,775 |
| Cleaning | 2,808 | 1,816 |
| Carried forward | 137,590 | 133,323 |
This page does not form part of the statutory financial statements
Page 16
EREWASH INDOOR BOWLS CENTRE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2024
| FOR THE YEAR ENDED 31 MAY 2024 | ||
|---|---|---|
| 31.5.24 | 31.5.23 | |
| £ | £ | |
| Charitable activities | ||
| Brought forward | 137,590 | 133,323 |
| Refuse collection | 703 | 610 |
| Security costs | 1,583 | 1,128 |
| Alarm rent and maintenance | 4,001 | 2,082 |
| Subscriptions | 399 | 60 |
| Uniform costs | 581 | 2,284 |
| Training costs | - | 330 |
| Refreshment costs | 106 | 48 |
| Trophies | 1,230 | 1,743 |
| National and county fees | 3,161 | 2,875 |
| Equipment leasing | 1,224 | 1,224 |
| Property improvements | 12,476 | 12,476 |
| Fixtures and fittings | 2,251 | 2,649 |
| Computer equipment | 336 | 336 |
| Bank interest | 885 | 920 |
| 166,526 | 162,088 | |
| Support costs | ||
| Other | ||
| Bank loan interest | 2,644 | 3,629 |
| Governance costs | ||
| Accountancy and legal fees | 5,488 | 5,038 |
| Total resources expended | 174,658 | 170,755 |
| Net expenditure | (18,379) | (6,301) |
This page does not form part of the statutory financial statements
Page 17