**REGISTERED COMPANY NUMBER: 10369254 (England and Wales) REGISTERED CHARITY NUMBER: 1171006** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022** ## **FOR** ## **WELLESBOURNE SPORTS AND COMMUNITY CENTRE** Murphy Salisbury Limited Chartered Accountants Celixir House Stratford Business and Technology Park Stratford-upon-Avon Warwickshire CV37 7GZ **WELLESBOURNE SPORTS AND COMMUNITY CENTRE** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022** |||**Page**|| |---|---|---|---| |**Reference and Administrative Details**||1|| |**Report of the Trustees**|2|to|3| |**Independent Examiner's Report**||4|| |**Statement of Financial Activities**||5|| |**Balance Sheet**|6|to|7| |**Notes to the Financial Statements**|8|to|14| |**Detailed Statement of Financial Activities**|15|to|16| **WELLESBOURNE SPORTS AND COMMUNITY CENTRE** ## **REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 30 SEPTEMBER 2022** ## **TRUSTEES** D T Dowsett (resigned 9.6.22) S M Jackson B C McKenzie Mrs A Prior J S Shorrocks (resigned 9.6.22) Dr D Watson W J Woodhouse M D Keogh-Bywater Miss K Jukes (appointed 9.6.22) P K Storey (appointed 9.6.22) **REGISTERED OFFICE** 2 School Road Wellesbourne Warwickshire CV35 9NH **REGISTERED COMPANY NUMBER** 10369254 (England and Wales) **REGISTERED CHARITY NUMBER** 1171006 **INDEPENDENT EXAMINER** Murphy Salisbury Limited Chartered Accountants Celixir House Stratford Business and Technology Park Stratford-upon-Avon Warwickshire CV37 7GZ Page 1 **WELLESBOURNE SPORTS AND COMMUNITY CENTRE** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2022** 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 30 September 2022. 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). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The trustees' financial priorities for the year October 2021 to September 2022 were to recover to at least 90% of pre-pandemic activity while maintaining reserves at three months' operating costs and considering options for reinvestment in equipment and facilities. Unfortunately, recovery was slower than expected and the income target was not reached meaning that no funds were available for reinvestment although grant funding was secured for some improvements to facilities. ## **Public benefit** The trustees confirm that they have complied with their duty under Section 4 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit. ## **Volunteers** In addition to the trustees who are all volunteers, the charity has volunteer coaches to lead walking football, ladies football, netball and walking netball. The provision of refreshments after senior mobility classes is also led by a volunteer. ## **ACHIEVEMENT AND PERFORMANCE** During the period of the report the charity has worked in partnership to establish a community cafe and has developed sporting provision to support members of the community such as walking football and senior fitness classes. The facilities have been used for social events such as film screenings, bingo and quiz nights, as well as family celebrations. Over the course of the year trustees prioritised recruitment of staff so that the centre could return to pre-pandemic opening hours and offer a wider range of fitness classes. Ensuring a varied class timetable was provided, our occupancy and membership levels increased throughout the year. At the beginning of 2022 our class occupancy levels averaged 30%. By the end of the year we averaged 55%. Our membership numbers increased over the course of the year from a total of 164 to 258 members. Our pre pandemic annual membership offer was always popular with the community. The cash injection into the charity at the beginning of each year provided financial stability for the year ahead. Previous years we had reached over 100 annual members, January 2022 we received 60 annual memberships. Financial constraints and people still not comfortable in gym environments after the pandemic were the main reasons for a lower uptake. ## **FINANCIAL REVIEW** ## **Financial position** Income from facilities hire increased more than expected, in part as a result of expanding community use, but income from membership was still significantly lower than pre-pandemic levels meaning that overall income targets were not met. Running costs returned to almost pre-pandemic levels resulting in an operating loss for the period. The total net deficit for the period was £42,315 comprising unrestricted incoming resources of £138,000 and unrestricted resources expended of £162,640 and restricted resources expended of £17,675. Total funds at the year-end were £243,095 being unrestricted of £74,188 and restricted of £168,907. ## **Investment policy and objectives** The Charity's memorandum and articles of association authorise the trustees to invest or deposit funds as may be thought fit. ## **Reserves policy** The trustees have a policy of maintaining a level of unrestricted reserves which should ensure that there are adequate funds to meet anticipated future liabilities. In practice, the trustees consider that holding reserves equivalent to a minimum of three months' core costs (i.e., the day to day running costs of the charity), excluding funds tied up in fixed assets, should provide sufficient funds to respond to adverse changes in the charity's funding or activities. This was set at a minimum of £36,000 for 2021 to 2022. Page 2 TS AND COMMUNITY CEIYlllE REPORT OF THE TRUSTEE R THE YEAR EhT)ED EFT 22 FUTURE PLANS The t￿tte5, fmanciai wiorities for 2022- 2023 are w: o Increase income from and facilities h]Te o Maintain Teserves at a level of three month. operating COSLS o Seek grant funding for invesirnent tn new equipmeni or faciliiies The ￿￿Te¢S also intend to support the community during the coming y¢gr by: o Expandin8 the provision of walking foothall, ladies. fijotball. and walkin8 Tr¢1b￿l o Extending pre and F￿t-n8[al provision e.g. mother and baby walking group o Estyblishing a iennis club o Providing a GP referral setvice o Refu]bi5hing a room previously used for spin cl&sses so thai li is Available for gym members STRUCTURE. GOVERIYANCE AND MANAGEMENT Govern1￿# document The charity is ¢ontroll¢d by its 8overnitt8 do¢umL a deed of trusL and constity*$ a limited company, limi*d by 8u8ranttt. as d¢fin¢d by the Companies Act 2(Kl6. Re<￿1¢￿¢D1 and ¥JppolntmeTrt of trume Tnjsiees are apw)inted in ¥¢trd4n¢¢ with the Articles of Association. tXwin8 the year two In￿1¢¢$ resigned and trustees were apwjinted.. o Karen Jukes. appoinied 9 June 2022 o Philip Slow- appoin¢ed 9 June 2022 o DaTr¢n Dowsell- resigned 9 June 2022 o J¢nny Shorrocks- resigned 9 June 2022 OrgaDlsatlon*l itruet•re Th¢ fin8nc￿ and perf¢)rmance of the centre are overseen by the trustres who meet monthly to monitor the WO￿ of the centrc and how we w¢ mc¢ting our Charl￿ble aims. The trustees have employed a 8¢neT31 mattag¢r of the centre, three ￿ instructors, a Benernl assistant and an odministrative ￿lStSnl. We also have a team of sFttialirt instructh who are self-cmployed Hnd who d¢livcr a rang¢ of classes. It is thc charity's policy that new twstees undergo an orientstion wcess to brief thcm ott th¢ir 1¢8sI obligation5 under charity law, the charitys 8overnin8 doctsmenw the ¢ommitt¢¢ decision mth'ng process. the business plan aDd recent rinan¢ial p¢rfomwKc of thc cban'ty. Tn￿1￿5 are encoura8ed to ai*nd 4)pr(ywia* ¢Eternwl tr4inin8 ¢v¢nts thal will 1st them in carryin8 Out their role. This report has been prepartd iti aCCOrd￿e with th¢ &pKi￿ WOVi6iODS of Part IS of the Companies Aci 2LK16 relatin8 to small companies. AppToved by order of the of tswstees on 21 Febnwy 2023 and si￿1 on behalf by: Mrs A Prior- Tn￿et ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WELLESBOURNE SPORTS AND COMMUNITY CENTRE** ## **Independent examiner's report to the trustees of Wellesbourne Sports and Community Centre ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2022. ## **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: 1. 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 3. 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 4. 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. Mark Bullock FCA ICAEW Murphy Salisbury Limited Chartered Accountants Celixir House Stratford Business and Technology Park Stratford-upon-Avon Warwickshire CV37 7GZ 21 February 2023 Page 4 ## **WELLESBOURNE SPORTS AND COMMUNITY CENTRE** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2022** |Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
138,000
Other income
3
-
**Total**
138,000
**EXPENDITURE ON**
Raising funds
4
-
**Charitable activities**
5
Charitable activities
162,640
**Total**
162,640
**NET INCOME/(EXPENDITURE)**
(24,640)
**RECONCILIATION OF FUNDS**
Total funds brought forward
98,828
**TOTAL FUNDS CARRIED FORWARD**
74,188|Restricted
fund
£
-
-
-
-
17,675
17,675
(17,675)
186,582
168,907|2022
Total
funds
£
138,000
-
138,000
-
180,315
180,315
(42,315)
285,410
243,095|2021
Total
funds
£
133,966
10,557| |---|---|---|---| ||||144,523| ||||53
133,519| ||||133,572| ||||10,951
274,459| ||||285,410| The notes form part of these financial statements Page 5 ## **WELLESBOURNE SPORTS AND COMMUNITY CENTRE** ## **BALANCE SHEET 30 SEPTEMBER 2022** |Unrestricted
fund
Notes
£
**FIXED ASSETS**
Intangible assets
11
2,792
Tangible assets
12
20,798
23,590
**CURRENT ASSETS**
Debtors
13
943
Cash at bank and in hand
51,905
52,848
**CREDITORS**
Amounts falling due within one year
14
(2,250)
**NET CURRENT ASSETS**
50,598
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
74,188
**NET ASSETS**
74,188
**FUNDS**
15
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
fund
£
-
168,907
168,907
-
-
-
-
-
168,907
168,907|2022
Total
funds
£
2,792
189,705
192,497
943
51,905
52,848
(2,250)
50,598
243,095
243,095
74,188
168,907
243,095|2021
Total
funds
£
3,167
211,730
214,897
1,432
77,134
78,566
(8,053)
70,513
285,410
285,410
98,828
186,582
285,410| |---|---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022. The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 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 continued... Page 6 LLESBOURNE SPORTS AI¥D C EYfEMBER These financial statem¢nts have been prepar*1 in accord￿ with the provision5Splithl¢ to charithble companies subjeci to the small compani¢s r¢81rn¢. The financial statements w¢r¢ approved by th¢ Board of Trusttts aThJ auth0ri5cd for issue on 21 F¢bruary 2023 and w¢r¢ signed on its behalf by.. A Pn'or- TnLStee W J Wo(thow- Tn￿ **WELLESBOURNE SPORTS AND COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has 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. - Improvements to property Straight line over 20 years - Gym equipment Straight line over 5 years - Fixtures and fittings Straight line over 3 years ## **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. ## **Pension costs and other post-retirement benefits** The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **Government grants** Government grants are recognised in profit or loss on a systematic basis over the periods in which the company recognises expenses for the related costs for which the grants are intended to compensate. Grants relate to the income received as a result of the Covid pandemic. continued... Page 8 **WELLESBOURNE SPORTS AND COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued** ## **FOR THE YEAR ENDED 30 SEPTEMBER 2022** ## **2. DONATIONS AND LEGACIES** |Grants
Classes income
Gym membership
Room hire
Sports
Other income
Fundraising activities
Personal Training
Grants received, included in the above, are as follows:
Parish Council
Stratford District Council
**3.**
**OTHER INCOME**
Job retention scheme
**4.**
**RAISING FUNDS**
**Other trading activities**
Bad debts
**5.**
**CHARITABLE ACTIVITIES COSTS**
Charitable activities|Direct
Costs
£
153,327|2022
£
5,500
31,295
58,372
6,727
26,351
1,814
430
7,511
138,000
2022
£
3,514
1,986
5,500
2022
£
-
2022
£
-
Support
costs (see
note 6)
£
26,988|2021
£
74,588
16,014
26,657
399
12,035
1,087
-
3,186|2021
£
74,588
16,014
26,657
399
12,035
1,087
-
3,186| |---|---|---|---|---| ||||133,966|| |||||2021
£
48,088
26,500
74,588
2021
£
10,557| |||||| |||||| |||||2021
£
53
Totals
£
180,315| continued... Page 9 **WELLESBOURNE SPORTS AND COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued** ## **FOR THE YEAR ENDED 30 SEPTEMBER 2022** ## **6. SUPPORT COSTS** |Charitable activities|Finance
£
125|Governance
Other
costs
£
£
23,875
2,988|Totals
£
26,988| |---|---|---|---| ## **7. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): |Depreciation - owned assets
Surplus on disposal of fixed assets
Computer software amortisation|2022
£
23,500
(2,600)
2,975|2021
£
28,756
-
2,108| |---|---|---| ## **8. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 30 September 2022 nor for the year ended 30 September 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 30 September 2022 nor for the year ended 30 September 2021. ## **9. STAFF COSTS** The average monthly number of employees during the year was as follows: |Staff
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
133,966
Other income
10,557
**Total**
144,523
**EXPENDITURE ON**
Raising funds
53
**Charitable activities**
Charitable activities
109,879
**Total**
109,932|2022
5
Restricted
fund
£
-
-
-
-
23,640
23,640|2021
3
Total
funds
£
133,966
10,557| |---|---|---| |||144,523| |||53
133,519| |||133,572| ## **10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** continued... Page 10 ## **WELLESBOURNE SPORTS AND COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued** ## **FOR THE YEAR ENDED 30 SEPTEMBER 2022** |**10.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|| |---|---|---|---|---| |||Unrestricted|Restricted|Total| |||fund|fund|funds| |||£|£|£| ||**NET INCOME/(EXPENDITURE)**|34,591|(23,640)|10,951| ||**RECONCILIATION OF FUNDS**|||| ||Total funds brought forward|64,237|210,222|274,459| ||**TOTAL FUNDS CARRIED FORWARD**|98,828|186,582|285,410| |**11.**|**INTANGIBLE FIXED ASSETS**|||| |||||Computer| |||||software| |||||£| ||**COST**|||| ||At 1 October 2021|||6,325| ||Additions|||2,600| ||At 30 September 2022|||8,925| ||**AMORTISATION**|||| ||At 1 October 2021|||3,158| ||Charge for year|||2,975| ||At 30 September 2022|||6,133| ||**NET BOOK VALUE**|||| ||At 30 September 2022|||2,792| ||At 30 September 2021|||3,167| continued... Page 11 ## **WELLESBOURNE SPORTS AND COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued** ## **FOR THE YEAR ENDED 30 SEPTEMBER 2022** ## **12. TANGIBLE FIXED ASSETS** |Improvements
to
Gym
property
equipment
£
£
**COST**
At 1 October 2021
203,856
95,598
Additions
-
351
Disposals
-
(2,500)
At 30 September 2022
203,856
93,449
**DEPRECIATION**
At 1 October 2021
30,581
60,219
Charge for year
10,193
11,956
Eliminated on disposal
-
(2,500)
At 30 September 2022
40,774
69,675
**NET BOOK VALUE**
At 30 September 2022
163,082
23,774
At 30 September 2021
173,275
35,379
**13.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
Prepayments and accrued income
**14.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Accruals and deferred income
**15.**
**MOVEMENT IN FUNDS**
At
1.10.21
£
**Unrestricted funds**
General fund
98,828
**Restricted funds**
Restricted fund
186,582
**TOTAL FUNDS**
285,410|Fixtures
and
fittings
£
24,376
1,124
(1,740)
23,760
21,300
1,351
(1,740)
20,911
2,849
3,076
2022
£
403
540
943
2022
£
-
2,250
2,250
Net
movement
in funds
£
(24,640)
(17,675)
(42,315)|Totals
£
323,830
1,475
(4,240)
321,065
112,100
23,500
(4,240)
131,360
189,705
211,730
2021
£
402
1,030
1,432
2021
£
5,803
2,250
8,053
At
30.9.22
£
74,188
168,907
243,095| |---|---|---| continued... Page 12 **WELLESBOURNE SPORTS AND COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2022** ## **15. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |Incoming
resources
£
**Unrestricted funds**
General fund
138,000
**Restricted funds**
Restricted fund
-
**TOTAL FUNDS**
138,000
**Comparatives for movement in funds**
At
1.10.20
£
**Unrestricted funds**
General fund
64,237
**Restricted funds**
Restricted fund
210,222
**TOTAL FUNDS**
274,459
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
144,523
**Restricted funds**
Restricted fund
-
**TOTAL FUNDS**
144,523|Resources
Movement
expended
in funds
£
£
(162,640)
(24,640)
(17,675)
(17,675)
(180,315)
(42,315)
Net
movement
At
in funds
30.9.21
£
£
34,591
98,828
(23,640)
186,582
10,951
285,410
Resources
Movement
expended
in funds
£
£
(109,932)
34,591
(23,640)
(23,640)
(133,572)
10,951| |---|---| continued... Page 13 **WELLESBOURNE SPORTS AND COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2022** ## **15. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Restricted fund
**TOTAL FUNDS**|At
1.10.20
£
64,237
210,222
274,459|Net
movement
in funds
£
9,951
(41,315)
(31,364)|At
30.9.22
£
74,188
168,907| |---|---|---|---| ||||243,095| 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
**Restricted funds**
Restricted fund
**TOTAL FUNDS**|Incoming
resources
£
282,523
-
282,523|Resources
Movement
expended
in funds
£
£
(272,572)
9,951
(41,315)
(41,315)
(313,887)
(31,364)|Resources
Movement
expended
in funds
£
£
(272,572)
9,951
(41,315)
(41,315)
(313,887)
(31,364)| |---|---|---|---| ||||(31,364)| ## **Unrestricted funds** The unrestricted funds represent the free funds of the charity, which are not designated to any particular purpose. ## **Restricted funds** The restricted funds represent funds of the charity which have restricted purpose for the purchase of fixed assets. ## **16. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 30 September 2022. ## **17. STATUS OF THE CHARITY** Wellesbourne Sports and Community Centre is a company limited by guarantee not having any share capital. Page 14 **WELLESBOURNE SPORTS AND COMMUNITY CENTRE** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2022** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Grants
Classes income
Gym membership
Room hire
Sports
Other income
Fundraising activities
Personal Training
**Other income**
Job retention scheme
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Bad debts
**Charitable activities**
Wages
Social security
Pensions
Rates and water
Insurance
Light and heat
Telephone
Advertising
Sundries
Computer costs
Building costs
Classes expenses
Classes instructors
Repairs maintenance and cleaning
MUGA costs
Office/general administrative expenses
Other professional services
Credit card services
Training
Drinking water|2022
£
5,500
31,295
58,372
6,727
26,351
1,814
430
7,511
138,000
-
138,000
-
74,587
8,677
1,170
2,506
2,861
12,693
1,379
405
1,672
716
2,896
2,371
21,943
8,919
5,064
1,975
189
1,692
1,016
596
153,327|2021
£
74,588
16,014
26,657
399
12,035
1,087
-
3,186| |---|---|---| |||133,966
10,557| |||144,523
53
48,018
6,309
1,092
684
3,580
6,216
1,276
650
1,274
971
4,744
17
11,280
8,438
2,870
612
59
716
670
548| |||100,024| ## **Support costs** This page does not form part of the statutory financial statements Page 15 **WELLESBOURNE SPORTS AND COMMUNITY CENTRE** |**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 30 SEPTEMBER 2022**
**Support costs**
**Finance**
Bank charges
**Other**
Computer software
Improvements to property
Gym equipment
Fixtures and fittings
Profit/Loss - sale of assets
**Governance costs**
Independent examiner's fees
Total resources expended
**Net (expenditure)/income**|2022
£
125
2,975
10,193
11,957
1,350
(2,600)
23,875
2,988
180,315
(42,315)|2021
£
81
2,108
10,193
15,960
2,603
-| |---|---|---| |||30,864
2,550| |||133,572| |||10,951| This page does not form part of the statutory financial statements Page 16