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2022-03-31-accounts

The legal and administrative
information
on page
The legal and administrative
information
on page
I ofthis report I ofthis report I ofthis report lists the trustees who trustees who currently currently manage manage the charity. charity. The trustees The trustees The trustees
who served during the period to which this report relates were:
Patrick Houghton
John Alexander
Sutcgffe
Natasha Newson
(resigned 19April 2022)
Simon Jamison
Graham Harmon Lewis-Dale
Benjmnin Philip Richard WIUcox
Gregory Vincent Penn
Steven Colby (appointed
17November 2021)
Tom Penfold (appointed
17November 2021)
Helen Otterson (appomted
17November 2021)
Amanda
Hall (resigned
10November 2021)
James Alas Richardson
(resigaed 4May 2021)
David Bruce Joseph Robertson (resigaed 10October 2021)
North Shields Polytechnic
Club is a Charitable
Incorporated Organisation (CIO), registered with the Charity Commission and
governed
by its constitution,
adopted 9October
2017.
Trustees are appointed
by either by agreement ofthe
existing board oftrustees, or by the members ofthe CIO in accordance with
its coilstltutloll.
As part ofthe induction
process, ag tmstees
are
provided
with a
copy ofthe CIO's constitution and the Charity Commission
guidance CC3 —'the essential tmstee'.
Copies
ofthe CIO's latest annual report and financial statements will also be made
available
to ag trustees.
The Charity and its property
are managed
and administered
by a board of trustees, which can have between three and twelve
members.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate
exposure to the major risks.
Objectives and activities
The charity's
objects are to promote
community
participation in healthy recreation for the public benefit by the provision of
faciIities for athletics
in North Tyneside
and the surrounding
area, and by encouraging pmticipation in athletics.
North
Shields Polytechnic
Club was established
and registered on 9 October 2017, in order to transfer responsibility for the
operation
of North
Shields
Polytechnic
AC
Qom an unincorporated association governed by a committee, to a new CIO
governed
by a board oftrustees.

Restricted Unrestricted Funds Total Total
Funds General Designated 2022 2021
~Reset
ts
f. f.
Subscriptions 33,062 33,062 26,095
Fundraising
&donations
400 400 1,976
Cookson Cup 3,882
NIT12k formerly Run forBob 6,475 6,475
Pudding
run
878 878
Aquathon 3,324 3,324
Grand Prix 5,810 5,810
Other events 1,229 1,229
Income fiom hire ofclub facilities 7,008 7,008 4,223
Income from Tri Swim &Cycle Sessions 4,139 4,139 1,843
Prize and presentation income 2,251 2,251
Clothing sales 5,472 5,472 1,392
Travel contributions
Other income 107 107
Interest received 40 40
Total receipts 400 69,755 40 70,195 39,418
~Pa ments
Clubhouse,
Maintenance
and supplies 35,890 35,890 9,969
Gas, Electricity and telephone
expenses
1,318 1,318 1,049
Legal &Professional 1,045 1,045 317
Insuumce 1,491 1,491 1,266
Website 643 643 885
Licences and fees (Eng Ath &other) 14,882 14,882 9,076
Cookson Cup costs
NIT12k formerly Run for Bob costs 1,045 1,045
Pudding
run costs
896 896
Aquathon
costs
3,661 3,661 110
Grand Prix costs 6,429 6,429
Other event costs &race entries 16 3,551 3,567 254
Tri Swim &Cycle Sessions Hire Costs 220 5,442 5,662 2,656
Coaching Costs 30 3,025 3,055 1,764
Prize and presentation costs 3,127 3,127 245
Clothing stock purchases 14,977 14,977 3,851
Venue hire 577 752 1,329
Travel Expenses 790 790
Donations
made
200 200 100
Total payments 843 99,164 100,007 31,542
Net receipts (payments) (443) (29,409) 40 (29,812) 7,876
Opening balance at I April 2021 593 15,000 85,226 100,819 92,943
Transfer between funds 29,409 (29,409)
Funds this year end 150 15,000 55,857 71,007 100,819

f or the Year End ed 31Marc h 2 022
2022 2021
Restricted Unrestricted Funds Total Total
Funds General Designated
6 8
Cash Funds
Cash at bank 150 3,037 3,187 23,039
Deposit account 23,478 23,478 23,443
Savings account 15,000 29,342 44,342 54,337
150 15,000 55 857 71007 100819
Other Monetary
Assets
Investment Assets
Assets retained for the charity's oven use
Premises 25,469 25,469 21,989
Equipment 8,149 8,149 685
Stock 8,950 8,950 9,000
42 568 42 568 31674
Liabilities