||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|6|
|Independent
Examiner's|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet||9|to|10|
|Cash Flow Statement|||||
|Notes to the Cash Flow|Statement||12||
|Notes to the Financial Statements||13|to|22|
|Detailed Statement ofFinancial Activities||23|to|24|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||for|the Year Ended 30June|2022||
|---|---|---|---|---|---|
|||||30.6.22|30.6.21|
|||||Unrestricted|Total|
|||||fund|funds|
||||Notes|||
|INCOME|AND ENDOWMENTS FROM|||||
|Donations|and legacies|||103,263|99,176|
|Charitable|activities|||||
|Charitable||||12,750|79,050|
|Other trading activities||||77,080|61,961|
|Total||||193,093|240,187|
|EXPENDITURE ON||||||
|Raising funds|||||60|
|Charitable|activities|||||
|Charitable||||197,640|134,100|
|Total||||197,640|134,160|
|NET INCOME/(EXPENDITURE)||||(4,547)|106,027|
|RECONCILIATION||OF FUNDS||||
|Total funds|brought
forward|||1,078,573|972,546|
|TOTAL FUNDS CARRIED FORWARD||||1,074,026|1,078,573|
##
##
||Balance Sheet
30June 2022|||
|---|---|---|---|
|||30.6.22|30.6.21|
|||Unrestricted|Total|
|||fund|funds|
||Notes|||
|FIXEDASSETS||||
|Tangible assets|10|1,541,946|1,535,293|
|Investments|11|5|5|
|||1,541,951|1,535,298|
|CURRENT ASSETS||||
|Debtors|12|83,992|59,488|
|Cash at bank||68,743|58,778|
|||152,735|118,266|
|CREDITORS||||
|Amounts
falling due within one year|13|(24,615)|(17,278)|
|NET CURRENT ASSETS||128,120|100,988|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||1,670,071|1,636,286|
|CREDITORS||||
|Amounts
falling due after more than one year|14|(596,045)|(557,713)|
|NET ASSETS||1,074,026|1,078,573|
|FUNDS|17|||
|Unrestricted
funds||1,074,026|1,078,573|
|TOTAL FUNDS||1,074,026|1,078,573|
##
||||Cash Flow St
for the Year Ended|atement
30June 2022||
|---|---|---|---|---|---|
|||||30.6.22|30.6.21|
||||Notes|||
|Cash flows from operating||activities||||
|Cash generated
from operations||||8,037|91,416|
|Interest paid||||(16,587)|(15,998)|
|Net cash (used in)/provided||by operating|activities|(8,550)|75,418|
|Cash flows from investing||activities||||
|Purchase oftangible
fixed|assets|||(19,817)|(6,557)|
|Net cash used in investing|activities|||(19,817)|(6,557)|
|Cash flows from financing||activities||||
|New loans in year||||45,000||
|Loan repayments
in year||||(6,668)|(6,668)|
|Net cash provided
by/(used||in) financing|activities|38,332|(6,668)|
|Change in cash and cash||equivalents|in|||
|the reporting
period||||9,965|62,193|
|Cash and cash equivalents||at the||||
|beginning
ofthe reporting||period||58,778|(3,415)|
|Cash and cash equivalents||at the end|of|||
|the reporting
period||||68,743|58,778|
##
##
##
##
||||||||30.6.22|30.6.21|
|---|---|---|---|---|---|---|---|---|
|Net (expenditure)/income||||for the reporting|period (as per the||||
|Statement ofFinancial||||Activities)|||(4,547)|106,027|
|Adjustments|for:||||||||
|Depreciation|charges||||||13,165|14,478|
|Interest paid|||||||16,587|15,998|
|Amounts
due|Irom|group||undertakings|||(12,183)|(45,078)|
|(Increase)/decrease||in debtors|||||(12,321)|166|
|Increase/(decrease)||in creditors|||||7,336|(175)|
|Net cash provided||by|operations||||8,037|91,416|
|ANALYSIS|OF CHANGES IN NET DEBT||||||||
|||||||At 1.7.21|Cash flow|At 30.6.22|
|Net cash|||||||||
|Cash at bank||||||58,778|9,965|68,743|
|||||||58,778|9,965|68,743|
|Debt|||||||||
|Debts falling|due within|||1 year||(6,668)||(6,668)|
|Debts falling|due after||1|year||(557,713)|(38,332)|(596,045)|
|||||||(564,381)|(38,332)|(602,713)|
|Total||||||(505,603)|(28,367)|(533,970)|
##
##
##
##
##
##
##
##
|ofrevalua|tion
less and subsequent|accumulated
depreciation
and subsequ|
|---|---|---|
|Freehold|property|2%Straight line|
|Land||nil|
|Plant and|machinery|20%Reducing balance|
|Computer|equipment|20%Reducing balance|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|2.|DONATIONS
AND LEGACIES|DONATIONS
AND LEGACIES|DONATIONS
AND LEGACIES||||
|---|---|---|---|---|---|---|
||||||30.6.22|30.6.21|
||Donations||||31,894|39,229|
||Adult Subscriptions
Mini's 4Juniors Subscriptions||||30,385
40,984|28,238
31,709|
||||||103,263|99,176|
|3.|OTHER TRADING ACTIVITIES||||||
||||||30.6.22|30.6.21|
||Miscellaneous
income||||27,070|27,268|
||Sponsorships||||18,031|1,725|
||AGP income||||16,979|12,700|
||Storage and parking||||15,000|20,268|
||||||77,080|61,961|
|4.|INCOME FROM CHARITABLE ACTIVITIES||||||
||||||30.6.22|30.6.21|
||||Activity||||
||Grants||Charitable||12,750|79,050|
||Grants received, included|in the|above, are as follows:||||
||||||30.6.22|30.6.21|
||RFU Grassroots
grant|||||62,000|
||Local authority
grant||||950|17,050|
||RFU Facility Improvement|Grant|||11,800||
||||||12,750|79,050|
|5.|SUPPORT COSTS||||||
||||||Governance||
||||Finance|Other|costs|Totals|
||Charitable||3,303|16,587|4,330|24,220|
|6.|NET INCOME/(EXPENDITURE)||||||
||Net income/(expenditure)|is stated atter charging/(crediting):|||||
||||||30.6.22|30.6.21|
||Depreciation
- owned assets||||13,164|14,478|
##
##
##
##
##
|COMPAR|ATIVES F|OR THE STATEMENT OFFINANCIAL AC|TIVITIES|
|---|---|---|---|
||||Unrestricted|
||||fund|
|INCOME|AND ENDOWMENTS FROM|||
|Donations|and legacies||99,176|
|Charitable|activities|||
|Charitable|||79,050|
|Other trading activities|||61,961|
|Total|||240,187|
|EXPENDITURE ON||||
|Raising funds|||60|
|Charitable|activities|||
|Charitable|||134,100|
|Total|||134,160|
|NET INCOME|||106,027|
|RECONCILIATION||OF FUNDS||
|Total funds|brought
forward||972,546|
|TOTAL FUNDS CARRIED FORWARD|||1,078,573|
##
##
|TANGIBLE FIXEDASSE|TS|||||
|---|---|---|---|---|---|
||Freehold||Fixtures|||
||land and|Plant and|alld|Computer||
||property|machinery|fittings|equipment|Totals|
|COST||||||
|At 1 July 2021|1,476,619|98,365||3,052|1,578,036|
|Additions|17,003||1,015|1,799|19,817|
|At 30June 2022|1,493,622|98,365|1,015|4,851|1,597,853|
|DEPRECIATION||||||
|At 1 July 2021||40,967||1,776|42,743|
|Charge for year||12,088|58|1,018|13,164|
|At 30June 2022||53,055|58|2,794|55,907|
|NET BOOK VALUE||||||
|At 30June 2022|1,493,622|45,310|957|2,057|1,541,946|
|At 30June 2021|1,476,619|57,398||1,276|1,535,293|
|FIXEDASSET INVESTMENTS||||||
||||||Shares in|
||||||gloup|
||||||undertakings|
##
##
|Lymm Beechwood Limited|Lymm Beechwood Limited||
|---|---|---|
|Registered office: Beechwood, Crouchley Lane, Lymm, Cheshire, WA13 OAT|||
|Nature ofbusiness: Sports and recreation club trading activities|||
||'/0||
|Class ofshare|holding||
|Ordinary
K1|100||
|||30.6.22|
##
##
|||30.06.22|30.06.21|
|---|---|---|---|
|Turnover||125,509|20,658|
|Other Income||78,986|36,401|
|Cost ofSales||(99,044)|(19,039)|
|Administration|expenses|(102,811)|(86,869)|
|Finance costs||(2,640)|(1,153)|
|Net profit/(loss)|for the year|||
|Represented
by:||||
|Assets||46,656|36,914|
|Liabilities||(46,652)|(36,910)|
##
##
##
||'/o||||
|---|---|---|---|---|
|Class ofshare|holding||||
|Ordinary
Kl||100|||
||||30.6.22|30.6.21|
|Aggregate
capital and reserves|||||
|DEBTORS:AMOUNTS FALLING DUE WITHIN||ONE YEAR|||
||||30.6.22|30.6.21|
|Trade debtors|||4,878|9,917|
|Amounts
owed by group undertakings|||61,754|49,571|
|Other debtors|||17,360||
||||83,992|59,488|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
||||30.6.22|30.6.21|
|Other loans (see note 15)|||6,668|6,668|
|Trade creditors||||8,050|
|VAT|||145|823|
|Other creditors|||16,050||
|Accrued expenses|||1,752|1,737|
||||24,615|17,278|
##
##
||||||30.6.22|30.6.21|
|---|---|---|---|---|---|---|
|Bank|loans|(see|note|15)|546,264|546,264|
|Other|loans|(see|note|15)|49,781|11,449|
||||||596,045|557,713|
##
|LOANS|||
|---|---|---|
|The terms ofthe|bank loan are:||
|Commencement|Date|07/02/2022|
|Loan Term||5years|
|Interest Rate|2.75%over LIBOR||
|Interest Payment|Date|Quarterly|
|Interest Only Period||5years|
|Repayment|In|full on maturity|
##
##
|MOVEMEN|T IN FUNDS||||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.7.21|in funds|30.6.22|
|Unrestricted|funds||||
|General fund||1,078,573|(4,547)|1,074,026|
|TOTAL FUNDS||1,078,573|(4,547)|1,074,026|
##
##
##
|||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|
|||||resources|expended|in funds|
|Unrestricted|funds||||||
|General fund||||193,093|(197,640)|(4,547)|
|TOTAL FUNDS||||193,093|(197,640)|(4,547)|
|Comparatives|for movement||in funds||||
||||||Net||
||||||movement|At|
|||||At 1.7.20|in funds|30.6.21|
|Unrestricted|funds||||||
|General fund||||972,546|106,027|1,078,573|
|TOTAL FUNDS||||972,546|106,027|1,078,573|
|Comparative|net movement|in|funds, included|in the above are as follows:|||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|Unrestricted|funds||||||
|General fund||||240,187|(134,160)|106,027|
|TOTAL FUNDS||||240,187|(134,160)|106,027|
##
##
##
##
##
##
##
|||Detailed Statement ofFinancial Activities|||
|---|---|---|---|---|
|||for the Year Ended 30June 2022|||
||||30.6.22|30.6.21|
|INCOME AND ENDOWMENTS|||||
|Donations
and legacies|||||
|Donations|||31,894|39,229|
|Adult Subscriptions|||30,385|28,238|
|Mini's &Juniors Subscriptions|||40,984|31,709|
||||103,263|99,176|
|Other trading activities|||||
|Miscellaneous
income|||27,070|27,268|
|Sponsorship s|||18,031|1,725|
|AGP income|||16,979|12,700|
|Storage and parking|||15,000|20,268|
||||77,080|61,961|
|Charitable
activities|||||
|Grants|||12,750|79,050|
|Total incoming
resources|||193,093|240,187|
|EXPENDITURE|||||
|Other trading activities|||||
|Sponsorship
costs||||60|
|Charitable
activities|||||
|Rates and water|||886|180|
|Advertising|||1,199|840|
|Sundries|||7,878|700|
|Players kit and equipment|||23,484|4,500|
|Coaching fees|||13,492|4,450|
|Physiotherapy
fees|||7,807|691|
|Grounds
costs|||7,617|9,007|
|Miscellaneous
playing|expenses||11,777|1,709|
|Travelling
costs|||9,115||
|Recharges ofsalaries|||77,000|70,000|
|Plant and machinery|||12,088|13,471|
|Fixtures and fittings|||58||
|Computer
equipment|||1,019|1,007|
||||173,420|106,555|
|Support costs|||||
|Finance|||||
|Bank charges|||3,303|1,066|
|Other|||||
|Bank interest|||255|196|
|Carried forward|||255|196|
##
|||for the Year Ended 3|0June 2022||
|---|---|---|---|---|
||||30.6.22|30.6.21|
|Other|||||
|Brought forward|||255|196|
|Loan|||16,332|15,802|
||||16,587|15,998|
|Governance|costs||||
|Independent|Examiner's|remuneration|3,545|2,218|
|Sundries||||61|
|Accountancy|and legal|fees|785|8,202|
||||4,330|10,481|
|Total resources|expended||197,640|134,160|
|Net (expenditure)/income|||(4,547)|106,027|