Digitally Signed Document Document ID: D0178B04C80E32 ## Document Details **Filename:** 2023 Charity Accounts.pdf **Client of:** Harris Lacey and Swain ## Signature Details **Name:** Matthew Stephenson **Email:** matthew.j.stephenson@hotmail.co.uk **Date & Time:** 31/10/2024 15:07:55 PM (GMT) **IP Address:** 94.10.115.57 Matthew Stephenson confirms that the information **Signing Statement:** is correct and complete to the best of their knowledge and belief. ## Digital Certificate The approved PDF file has been digitally certified.Please check the Digital Certificate information in your PDF viewer to verify the Digital Certificate authenticity and the PDF has not been tampered with. |**On behalf of:**|Harris Lacey and Swain| |---|---| ||| |**PDF digital certificate:**|IRIS Software Group Limited| ||| |**Digital certificate issued by:**|GlobalSign| Please keep a copy of this document for your records. **REGISTERED CHARITY NUMBER: 1176274** ## **Report of the Trustees and** ## **Unaudited Financial Statements for the Year Ended 30 June 2023** ## **for** **Yorkshire Squash and Racketball Association** Harris Lacey and Swain Suite 1 The Riverside Building Hessle East Yorkshire HU13 0DZ **Yorkshire Squash and Racketball Association** **Contents of the Financial Statements for the Year Ended 30 June 2023** **----- Start of picture text -----**
Page
Report of the Trustees 1 to 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 9
Detailed Statement of Financial Activities 10
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**Yorkshire Squash and Racketball Association** ## **Report of the Trustees for the Year Ended 30 June 2023** The trustees present their report with the financial statements of the charity for the year ended 30 June 2023. 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). Yorkshire Squash promotes squash and racketball in the county. As a charity we seek to help all people in Yorkshire have access and opportunity to play squash and racketball through venues, coaches and players. We work with England Squash, who work closely with Sport England to ensure we are developing opportunities in line with current needs nationally. We work together because we believe squash has the power to change lives, improve mental and physical wellbeing and be part of a friendly community. ## **OBJECTIVES AND ACTIVITIES Objectives and aims** Our purpose is to promote squash and racketball in the county. We do this through our values with organisations, venues, players, coaches and parents. Our values are: - Inclusivity - Connecting - Collaboration - Communication In the last year our focus has been driving competition for existing players and reaching out into schools and new organisations to introduce our games to new audience. This helps further the charities success though introducing children to squash and getting them active growing awareness of the sport and encouraging more players hopefully increasing participation of session held by the Yorkshire Squash & Racketball Association. Our objectives currently are to increase participation in squash and racketball, we are aiming to do this by working with local schools to introduce younger players to squash and racketball in order to attract a younger demographic to the sport and therefore increase the sustainability of the club as well as the longevity of the sport. We can measure the success of this through the numbers of students worked with during a year or the number of schools participating in squash classes with the Yorkshire Squash & Racketball Association. This also feeds into our values as by engaging schools in squash we are getting mixed gender classes improving women's participation within the game and therefore improving inclusivity of the sport as improving women's participation within squash and racketball is a further objective the association has.This can be measured through attendances at women's classes. Significant activities that took place during the year include: Appointment of 3 trustees Mr A Tressler Mr B Hawes Mr D Pegg Page 1 **Yorkshire Squash and Racketball Association** ## **Report of the Trustees for the Year Ended 30 June 2023** ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** Young People - Our work with schools and juniors promoting events and opportunities encourage more people to participate in squash and racketball Talent - By Participating in league and competitive play we are building key skills and technique for players and helping them improve their game. Girls - This year marked the start of the programme to develop more opportunities for female play. This was done as per England Squash's own figures just 21% of all regular players are female. We wanted to promote the female game and therefore made it a focus during the year to encourage more girls to be involved within squash and racketball. ## **FINANCIAL REVIEW** ## **Financial position** Deficit of approximately £10,000 made during the year, this was mostly due to lesser funding from national/regional associations being available. Costs are also rising however have been controlled this year however the increased use of the association has resulted in costs exceeding income. For further information please see the statement of financial position and statement of financial activities within the accounts. ## **Principal funding sources** - Our main sources of income are grants, donations and other revenue raised from the following organisations: - Yorkshire League - England Squash Our main sources of expenditure are with the following programmes & activities: - School's Programmes - Juniors Development work - Female play ## **Reserves policy** Yorkshire Squash and Racketball Association has a policy of holding a minium of £7,000 in reserve which equates to approximately 3 months operating costs. The Association currently has free reserves of £11,771 (2022 - 21,785) of which none are for restitch use. Despite making losses during 2023 and 2022 The Association plans to continue to raise funds though sponsorship, donations and grants in order to sustain the level of reserves and continue operation into the future. The Trustees recognise that reserves will not keep up with deficits should they continue at the current rate year on year. In order to combat this, the trustees are actively pursuing new sources of funding as well as reducing costs in order to limit the deficit. Discussions are held at each committee meeting regarding this subject and will be reassessed at the end of the next financial year. ## **FUTURE PLANS** The plans for 2024 include the continuation and development of the following programmes: 1. Schools programme - develop new links with schools to offer squash coaching within their PE programme or after school 2. Female Play - understand better the female story and seek to provide more opportunities for females in Yorkshire for squash and racketball 3. Squash in the Mosque - create more links into the community through this ES programme 4. Mixed Ability - work with IMAS on links to squash and racketball for groups with mixed ability 5. Talent - help existing players grow through leagues, county and competitions Page 2 ## **Yorkshire Squash and Racketball Association** ## **Report of the Trustees for the Year Ended 30 June 2023** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **Organisational structure** The committee meets at least 3 times per year to make decisions with trustees overseeing any and all decision making needed within the charity. New trustees and committee volunteers are encouraged through social media, meetings and at the AGM. The Trustee's hold their Annual General Meeting annually, at each meeting discussions are held surrounding new trustee applications and appointment. Any successful applicants will be trained onsite and given access to other trustees to help mentor them, should they require it. Per the governing documents, a trustee can serve up to 10 years. Trustees once chosen are trained in accordance with our governance and constitution.Total volunteers for the year is 2. There are 2 part time development officers who are paid £15 per hour which has not changed in the previous 6 years due to limitation of funds available. Most of their work is voluntary. We work with all organisations keen to help promote physical activity and metal health through squash and racketball. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** 1176274 ## **Principal address** Westmead York Street Dunnington Yorkshire YO195QW ## **Trustees** 31/10/24 Approved by order of the board of trustees on ............................................. and signed on its behalf by: ## Matthew J Stephenson ........................................................................ Trustee Page 3 **Yorkshire Squash and Racketball Association** ## **Statement of Financial Activities for the Year Ended 30 June 2023** |2023
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
8,974
**Charitable activities**
Charitable Activity
2,700
Other trading activities
2
5,500
Investment income
3
75
**Total**
17,249
**EXPENDITURE ON**
**Charitable activities**
4
Charitable Activity
27,263
**NET INCOME/(EXPENDITURE)**
(10,014)
**RECONCILIATION OF FUNDS**
Total funds brought forward
21,785
**TOTAL FUNDS CARRIED FORWARD**
11,771|2022
Total
funds
£
11,434
3,467
5,000
-
19,901
29,937
(10,036)
31,821
21,785| |---|---| The notes form part of these financial statements Page 4 ## **Yorkshire Squash and Racketball Association** ## **Balance Sheet 30 June 2023** |2023
Unrestricted
fund
Notes
£
**CURRENT ASSETS**
Cash at bank
12,491
**CREDITORS**
Amounts falling due within one year
7
(720)
**NET CURRENT ASSETS**
11,771
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
11,771
**NET ASSETS**
11,771
**FUNDS**
8
Unrestricted funds
11,771
**TOTAL FUNDS**
11,771|2022
Total
funds
£
22,125
(340)
21,785
21,785
21,785
21,785
21,785| |---|---| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 31/10/24 ............................................. Matthew J Stephenson Trustee The notes form part of these financial statements Page 5 **Yorkshire Squash and Racketball Association** **Notes to the Financial Statements for the Year Ended 30 June 2023** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, 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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** Income received for services provided is accounted for on an accruals basis. Cash donations, gifts and legacies are included in full in the income and expenditure account as they are received. Any significant non-cash donations are included in the income and expenditure account at the trustees' estimate of their market value when received. The value of voluntary help is not included in the accounts. Grants and other funding of a revenue nature are deferred and released to the income and expenditure account over the period to which they relate. Bank interest is included in the income and expenditure account on an accruals basis ## **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. ## **Taxation** The charity is exempt from 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. ## **Estimates and judgements** Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Charity's best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Charity does not consider there to be any material estimates and judgements. ## **Financial instruments** The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors, are initially recognised at transaction value and subsequently measured at their settlement value. continued... Page 6 **Yorkshire Squash and Racketball Association** ## **Notes to the Financial Statements - continued for the Year Ended 30 June 2023** ## **2. OTHER TRADING ACTIVITIES** |**2.**
**OTHER TRADING ACTIVITIES**|| |---|---| |Sponsorships|2023
2022
£
£
5,500
5,000| |**3.**
**INVESTMENT INCOME**
Deposit account interest|2023
2022
£
£
75
-| |**4.**
**CHARITABLE ACTIVITIES COSTS**
Direct
Costs
£
Charitable Activity
26,543|Support
costs
Totals
£
£
720
27,263| Within development officers costs includes payments for two development officer's phone charges and expenses incurred whilst acting on behalf of the charity. ## **5. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 30 June 2023 nor for the year ended 30 June 2022. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 30 June 2023 nor for the year ended 30 June 2022. ## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Charitable Activity
Other trading activities|Unrestricted
fund
£
11,434
3,467
5,000| |---|---| |**Total**|19,901| |**EXPENDITURE ON**
**Charitable activities**
Charitable Activity|29,937| |**NET INCOME/(EXPENDITURE)**|(10,036)| continued... Page 7 **Yorkshire Squash and Racketball Association** ## **Notes to the Financial Statements - continued for the Year Ended 30 June 2023** ## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued** |**RECONCILIATION OF FUNDS**
Total funds brought forward||Unrestricted
fund
£
31,821| |---|---|---| |**TOTAL FUNDS CARRIED FORWARD**||21,785| |**7.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors|2023
£
720|2022
£
340| |**8.**
**MOVEMENT IN FUNDS**
At 1.7.22
£
**Unrestricted funds**
General fund
21,785|Net
movement
in funds
£
(10,014)|At
30.6.23
£
11,771| |**TOTAL FUNDS**
21,785|(10,014)|11,771| |Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
17,249|Resources
expended
£
(27,263)|Movement
in funds
£
(10,014)| |**TOTAL FUNDS**
17,249|(27,263)|(10,014)| |**Comparatives for movement in funds**
At 1.7.21
£
**Unrestricted funds**
General fund
31,821|Net
movement
in funds
£
(10,036)|At
30.6.22
£
21,785| |**TOTAL FUNDS**
31,821|(10,036)|21,785| continued... Page 8 **Yorkshire Squash and Racketball Association** ## **Notes to the Financial Statements - continued for the Year Ended 30 June 2023** ## **8. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
19,901
(29,937)|Movement
in funds
£
(10,036)| |---|---| |**TOTAL FUNDS**
19,901
(29,937)|(10,036)| |A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
At 1.7.21
in funds
£
£
**Unrestricted funds**
General fund
31,821
(20,050)|At
30.6.23
£
11,771| |**TOTAL FUNDS**
31,821
(20,050)|11,771| 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|Incoming
Resources
resources
expended
£
£
37,150
(57,200)|Movement
in funds
£
(20,050)| |---|---|---| |**TOTAL FUNDS**|37,150
(57,200)|(20,050)| ## **9. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 30 June 2023. Page 9 **Yorkshire Squash and Racketball Association** ## **Detailed Statement of Financial Activities for the Year Ended 30 June 2023** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts
Donations
No description
Clothing|2023
2022
£
£
6,113
9,053
1,805
1,255
1,056
1,126| |---|---| |**Other trading activities**
Sponsorships
**Investment income**
Deposit account interest
**Charitable activities**
Grants|8,974
11,434
5,500
5,000
75
-
2,700
3,467| |**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Sundries|17,249
19,901
9,677
14,040
4,616
3,950
7,475
4,387
1,769
1,516
2,206
6,044
800
-| |**Support costs**
**Governance costs**
Accountancy and legal fees|26,543
29,937
720
-| |Total resources expended|27,263
29,937| |**Net expenditure**|(10,014)
(10,036)| This page does not form part of the statutory financial statements Page 10