Registered Charity Number 1171826
Report of the Trustees and Unaudited Financial Statements
For the year ended 31st March 2026
For Wearside Bridge Club CIO
Wearside Bridge Club CIO Trustees Report For the year ended 31st March 2026
| Trustees | Brian Dakers |
|---|---|
| Yvonne Thompson | |
| Alan Wallace | |
| George Robert Farnan | |
| Christopher Paul Patrick | |
| Graham Cox | |
| Rosemary Wallace | |
| Charity Number | 01171826 |
| Business Address | 17, Park Place West |
| Sunderland | |
| SR2 8HT | |
| Independent Examiner | Bamco 61 |
| 37, West Sunniside | |
| Sunderland SR1 1BU |
The Trustees present their annual report together the financial statements of the charity for the year ended 31st March 2026. The Trustees confirm that the annual report and financial statements comply with the current statutory requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019)
Wearside Bridge Club CIO
| Contents | |
|---|---|
| Page | |
| Trustees Report | 1 |
| Statement of Financial Actvites | 2 |
| Balance Sheet | 3 |
| Notes to the fnancial statements | 4 |
Wearside Bridge Club CIO
Trustees Report
For the year ended 31st March 2026
The trustees present their report with the financial statement of the charity for the year ended 31[st] March 2026. 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[st] January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and Aims
The objectives of the charity are:
the advancement of amateur sport by promoting the game of bridge for the benefit of the residents of Sunderland and the surrounding area;
the provision of facilities for the learning, teaching and playing of bridge for the benefit of the residents of Sunderland and the surrounding area with the object of improving the conditions of life.
Significant Activities
The charity organised a bridge holiday for the members. A bridge session is organised every Friday afternoon for those members without a partner. Teaching sessions are provided on Tuesday and Friday mornings as well as Thursday evenings throughout the year.
Public benefit
The trustees have complied with the duty in section 17(5) of the 2011 Charities Act to have due regard to guidance published by the Charity Commission on public benefit in deciding what activities the charity should undertake.
ACHIEVEMENT AND PERFORMANCE
Charitable activities and Fundraising activities
The charity provides bridge six days a week throughout the year. An online event is held on a Thursday evening every week.
The charity relies on donations from members and Gift Aid is claimed on this source of funds.
1
FINANCIAL REVIEW
Principal funding sources
The charities main sources of income are donations from members, Gift Aid and membership subscriptions as shown in the financial statement.
Investment policy and objectives
The charity currently holds all of its funds in either current or deposit accounts.
Results for the year
The financial performance of the charity for the year under review is summarised in the statement of Financial Activities on pages 2 and 3 of this report. The charity received a total income of £36 870 and had a total expenditure of £33 738 leaving a net income of £3 132. The main components of the total income were membership subscriptions, donations, Gift Aid, the online facility and table money from non members. The main components of the total expenditure were lighting, heating and the refurbishment of the ladies toilet.
The overall financial result is considered satisfactory.
Reserves policy
The charity has total reserves of £236 152 comprising unrestricted funds of £236 152 comprising reserves of £148 040 representing the fixed assets of the charity leaving £88 112 as free reserves. The charity has no restricted funds.
The trustees will review and monitor the reserves annually to ensure that the amount is realistic and maintained at the appropriate level in relation to anticipated expenditure.
Future Plans
The charity must ensure that the premises are kept safe and secure and in good repair. External painting and repair of exterior woodwork is to be undertaken in the near future.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document (the Constitution) and a deed of trust. The charity is an unincorporated charity.
Organisational structure
The charity is managed under the charity’s constitution and regulations by a committee elected at the Annual General Meeting each year. This committee consists of no less than 7 members and no more than 12 members. The committee meets frequently throughout the year.
Risk Managemen t
The charity has a duty to identify and review the risks to which the charity is exposed and systems have been established to minimise those risks.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered charity number
1171826
Principal address
17 Park Place West Sunderland SR2 8HT
Committee members who served during the year
A. Davies-Chairperson (resigned 28[th] July 2026)
C. Patrick-Secretary
R. Wallace-Treasurer
G. Cox
G. Farnan
Y. Thompson
T. Miller
A. Wallace
B. Dakers
J. Dawson
Wearside Bridge Club CIO Statement of Financial Activities For the year ended 31st March 2026
| Wearside Bridge Club CIO Statement of Financial Actvites For the year ended 31st March 2026 |
||
|---|---|---|
| Income and Endowments From Donations and Legacies Charitable Actvites Promoton, learning, teaching and playing bridge Investment Income Total Expenditure Charitable Activities |
2026 £ 27,756 6,956 2,158 36,870 33,738 3,132 |
2025 £ 28,622 9,056 3,931 |
| 41,609 29,363 |
||
| 12,246 |
2
| Wearside Bridge Club CIO Balance Sheet For the year ended 31st March 2026 Fixed assets Current assets Creditors: amounts due within one year Total assets less current laibilities Creditors: amounts falling due after more than one year Capital and reserves |
2026 £ 148,040 88,912 800 236,152 236,152 236,122 |
2025 £ 151,223 83,519 1,752 |
|---|---|---|
| 232,990 | ||
| - | ||
| 232,990 | ||
| 232,990 |
The financial statements were approved by the Board of Trustees and authorised for issue on 31st July 2026
Mr C P Patrick - Secretary…......................................................................
Mrs R L Wallace - Treasurer…..................................................................
3
Wearside Bridge Club CIO Notes to the financial statements For the year ended 31st March 2026
1 Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows: Fixtures & fittings 15% reducing balance Land & Buildings 2% straight line
Stock
Stock is lower of cost and net realisable value.
Taxation
The charity is exempt from tax on its charitable activities
| 2026 21,150 4,339 2,267 27,756 3,345 0 3,611 0 0 0 6,956 4Investment Income Deposit Account Interest 2,158 2 Donations and legacies Donations Gif Aid Membership Subscriptions 3 Income From Charitable Actvites Teaching Table Money Virtual Club Teacher Training Chronicle Cup Other Income |
2025 17,949 8,489 2,184 |
|---|---|
| 28,622 | |
| 1,263 3,321 4,023 190 150 109 |
|
| 9,056 | |
| 3,931 |
4
Wearside Bridge Club CIO Notes to the financial statements For the year ended 31st March 2026
| 5 Tangible fixed assets Cost At 1st April 2025 Additions Disposals At 31st March 2026 Depreciation At 1st April 2025 Charge for the year Disposals At 31st March 2026 Net book value At 31st March 2026 At 31st March 2025 6Current Assets Stocks Gif Aid Debtor Prepayments & Accrued Income Cash at Bank and in hand 6Funds Unrestricted Funds Brought Forward Surplus for the year Revaluation Reserve 7 Creditors:amounts falling due within one year Trade creditors Accruals |
Fixtures & Fittings £ 9,725 - - |
2026 2025 £ £ - 565 800 1,187 Land & Buildings Total £ £ 150,000 159,725 - - - - 150,000 159,725 - 8,502 3,000 3,183 - - 3,000 11,685 147,000 148,040 150,000 151,223 2026 2025 £ £ 200 170 4,339 4362 5,026 5026 79,547 73,961 88,912 83,519 |
|
|---|---|---|---|
| 9,725 | |||
| 8,502 183 - |
|||
| 8,685 | |||
| 1,040 | |||
| 1,223 | |||
| 800 1,752 |
|||
| 2026 2025 £ £ 84,132 71,886 3,132 12,246 87,264 84,132 148,858 148,858 236,122 232,990 |
|||
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Wearside Bridge Club CIO Detailed Statement of Financial Activities For the year ended 31st March 2026
| Wearside Bridge Club CIO Detailed Statement of Financial Actvites For the year ended 31st March 2026 |
||||||
|---|---|---|---|---|---|---|
| 2026 | 2025 | |||||
| £ | £ | £ | £ | |||
| INCOME & ENDOWMENTS | ||||||
| Donations and legacies | ||||||
| Donations | 21,150 | 17,949 | ||||
| Gif Aid | 4,339 | 8,489 | ||||
| Membership Subscriptions | 2,267 | 2,184 | ||||
| 27,756 | 28,622 | |||||
| Charitable Actvites | ||||||
| Teaching | 3,345 | 1,263 | ||||
| Table Money | 0 | 3,321 | ||||
| Virtual Club | 3,611 | 4,023 | ||||
| Teacher Training | 0 | 190 | ||||
| Chronicle Cup | 0 | 150 | ||||
| Other Income | 0 | 109 | ||||
| 6,956 | 9,056 | |||||
| Investment Income | ||||||
| Deposit Account Interest | 2,158 | 3,931 | ||||
| Total Income for year | 36,870 | 41,609 | ||||
| Expenditure | ||||||
| Charitable activities | ||||||
| Teaching Expenses | 1,364 | 352 | ||||
| Council Tax & Water | 844 | 512 | ||||
| Light & Heat | 2,866 | 3,357 | ||||
| Insurance | 1,315 | 1,355 | ||||
| Property Repairs | 9,039 | 2,326 | ||||
| Tree Removal | 0 | 3,204 | ||||
| Repairs & Renewals | 535 | 348 | ||||
| Signs & Engraving | 408 | 252 | ||||
| Telecommunications | 421 | 356 | ||||
| Printing, Postage & Stationery | 832 | 624 | ||||
| Advertising | 0 | 156 | ||||
| Subscriptions | 5,693 | 6,259 | ||||
| Licences | 0 | 70 | ||||
| Charitable Donations | 542 | 1,543 | ||||
| Cleaning & Gardening | 2,780 | 2,756 | ||||
| Sundries | 352 | 4,262 | ||||
| Bar Costs | 1,339 | 0 | ||||
| Club Matches | 480 | 0 | ||||
| Legal Fees | 580 | 0 | ||||
| Bank Charges | 364 | 301 | ||||
| Depreciaton Charge | 3,183 | 32,938 | 550 | 28,583 |
6
Wearside Bridge Club CIO Detailed Statement of Financial Activities For the year ended 31st March 2026
| Wearside Bridge Club CIO Detailed Statement of Financial Actvites For the year ended 31st March 2026 |
||||
|---|---|---|---|---|
| 2026 | 2025 | |||
| £ | £ | £ | £ | |
| Governance | ||||
| Independent examination | 800 | 780 | ||
| Total Expenditure | 33,738 | 29,363 | ||
| Net Income | 3,132 | 12,246 |
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