**Charity Registration No. 1176275**
## **BOURNE GREEN SPORTS CLUB**
**ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
## **BOURNE GREEN SPORTS CLUB**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|B Copeman|
|---|---|
||Mrs J Browne|
||J Bowden|
||C Simpson|
|**Charity number**|1176275|
|**Principal address**|Bourne Green Pavilion|
||Old Frensham Road|
||Lower Bourne|
||Surrey|
||GU10 3PR|
|**Registered office**|73 Cornhill|
||London|
||EC3V 3QQ|
|**Independent examiner**|S Coleman ACA|
||Gerald Edelman|
||Chartered Accountants|
||73 Cornhill|
||London|
||EC3V 3QQ|
|**Bankers**|Lloyds Bank|
||182 High Street|
||Walthamstow|
||London|
## **BOURNE GREEN SPORTS CLUB**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 2|
|Statement of Trustees' responsibilities|3|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the financial statements|7 - 14|
## **BOURNE GREEN SPORTS CLUB**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 31 MARCH 2023**_
The Trustees present their annual report and financial statements for the year ended 31 March 2023.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and “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)” (as amended for accounting periods commencing from 1 January 2019)
## **Objectives and activities**
The charity's objects are the promotion of community participation in healthy recreation by the provision of facilities for running and the playing of cricket and football. These aims are achieved by the operation of sports club facilities in Lower Bourne, Surrey and surrounding areas.
Sport has been played on the Bourne Recreation Area (Bourne Green) which is owned and managed by Waverley Borough Council for many years. The pavilion at the Bourne Green is run by the Bourne Sports & Social Club which includes Farnham Runners, Bourne Blades Football and Bourne Cricket Club. It is intended that the current Pavilion be upgraded and modernised to provide and manage a safe, modern Community Pavilion to promote the health, welfare and social interaction of the Bourne Community.
The existing sports will benefit from this upgraded facility as it provides a base for their operations. The Sports & Community Pavilion will be available to all sportsmen and women of all ages.
The Sports & Community Pavilion will also be available to local interest groups, hobby and action groups and committees who require space to hold their meetings.
Disabled members of the local community will have full access to and use of both the changing areas and the other facilities within the Pavilion.
The upgraded Sports & Community Pavilion will provide:
- Changing, showering and toilet facilities for all sportsmen and women of all ages.
- Fully accessible for all disabilities.
- Storage facilities to support the key sports of cricket, football and running.
- Club meeting rooms.
- Social facilities including kitchen and bar for community events.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Achievements and performance**
On 1 April 2018 the three sports clubs (comprising football, cricket and running) formally transferred their activities to the charity. Formal arrangements have been agreed as to the operation of such pavilion including policies and procedures to be adopted. Senior representatives of each club have also been added as trustees of the charity. The results of the three clubs for the year are reflected in these accounts.
- 1 -
BOURNE GREEN SPORTS CLUB
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
FlnanclAI revlew
The nat axpen(liure for lh& year vras £6,270 [2- £16.243)
Total in(xJme was £154,378 (2022-£112.858). Opwthng inc*Jme from the three dubs £130.22812022498,8891 Total
expenditure was £160,648 {2022-£129,1011 is made up of OFerath"ng costs for the dubs of £149,330 (2022-
£123.8441 , fundraising costs of £10.118 and governar costs of £1,200 {2022-£5.257). A breakdovm of the income and
oxpendtluJp for each Lgub 15 re(Thled in Th)tes 4 to 6.
ReseNes at 5 Apn"12023 total £85,651 as represen by frJrKls of three dut6 transferred into the charity. The Trustees
consider that these reserve5 are required to te hehj to ensure that they have suffKient wc¥king caprtal to any ongoing
commrtments a5 they aTi5e.
The Trustees have assessed the mapr risks to **ich th8 dwrty is expos•J, and ar8 satiSfd that syslems are in Pla to
mitsgate exposure to the maior risks.
The tharrty is a thantsble irKwabJ org58 register&J in England and Wkles on 14 December 2017.
Thè Trustees who seryed during the year and to the d* of signabjre ofthe financial Statents were..
B Copeman
A Yearsley
Mrs J Bri)wne
S Jones
J Nattrass
J B{ven
C Sinwson
H Bond
(res1Jrd January 20231
(resigned January 20231
(reSWJd January 20231
(resigned Aust 2023}
The power of apintMent of trustees is held ty Ihe Bc*rd.
None of the Trustees has any beneficial interest in c£¥npany. AJI ofthe Trustees are nr$ of the company and
guarantee to nts1tHte £1 in the event of a wrbjing up.
Formal meth.ros ofthe Trustees are held on a regLdar basis. Th alnmnistration is carrièd out ty th& Twstea Mr B
Copeman.
The charity has a subsKliary kn(h¥n a5 Boume PavilM)n ComrTNJntty Inte51 Company whth has been set up to
¢ary out tha running of thg new $wJrts dub facilitie5 On they are open. This c4)mpany was domiant in the perioct under
review.
8 Copèman
Trustee
Dat8d." 30 Novgmb8r 2023
## **BOURNE GREEN SPORTS CLUB**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
## _**FOR THE YEAR ENDED 31 MARCH 2023**_
The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
- 3 -
## **BOURNE GREEN SPORTS CLUB**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BOURNE GREEN SPORTS CLUB**
I report to the Trustees on my examination of the financial statements of Bourne Green Sports Club (the charity) for the year ended 31 March 2023.
## **Responsibilities and basis of report**
As the Trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
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 that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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 financial statements to be reached.
S Coleman ACA Gerald Edelman Chartered Accountants 73 Cornhill London EC3V 3QQ
Dated: 30 November 2023
- 4 -
## **BOURNE GREEN SPORTS CLUB**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2023**_
|**Notes**
**Income from:**
Donations and legacies
**2**
Charitable activities
**4**
Fundraising activities
**3**
**Total income**
**Expenditure on:**
Raising funds
**5**
Charitable activities
**6**
**Total charitable expenditure**
**Net expenditure for the year/**
**Net movement in funds**
Fund balances at 1 April 2022
**Fund balances at 31 March 2023**|**2023**
**£**
923
130,228
23,227
154,378
10,118
150,530
160,648
(6,270)
91,921
85,651|2022
**£**
-
98,889
13,969
112,858
-
129,101
129,101
(16,243)
108,164
91,921|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
- 5 -
BOURNE GREEN SPORTS CLUB
BALANCE SHEET
AS AT 31 MARCH 2023
2023
2022
Flxed assets
Tangiblo assots
2.4L
3,000
Currènt assets
Slocks
Debtors
Cash al bank and in hd
10
11
164
917
97,375
2.7TT
92.508
95,475
Credltors: amourtts f•lllng due wlthln
ono yoar
12
{15.205)
(6,5541
Net current assets
83.251
86,921
Total assets less wrrent Ilabllllles
85,651
91.921
Income funds
Unrestn'cted funds
85,651
91,921
Thofin
were ap[0ved by the TNstees on Novemb&r2023
Tntst••
## **BOURNE GREEN SPORTS CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **1 Accounting policies**
## **Charity information**
Bourne Green Sports Club is a Charitable Incorporated Organisation registered in England and Wales. The registered office is 73 Cornhill, London EC3V 3QQ.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and “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)” (as amended for accounting periods commencing from 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.
## **1.4 Incoming resources**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
Charitable income is represented by income from the three individual sports clubs which are operate as part of the charity.
- 7 -
## **BOURNE GREEN SPORTS CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **1 Accounting policies**
## **(Continued)**
## **1.5 Resources expended**
Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All resources expended are accounted for on an accruals basis and the irrecoverable element of VAT is included in the expense to which it relates
.
Charitable expenditure is represented by costs arising from the three individual sports clubs which are operate as part of the charity.and support costs which include governance costs represented by audit costs and other professional fees incurred in connection with the meeting of the charity's constitutional and statutory obligations.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
20% on a straight line basis
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Stocks**
Stocks are represented by finished goods available for resale and are stated at the lower of cost and net realisable value.
## **1.9 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.10 Financial instruments**
The charity holds only basic financial instruments.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
- 8 -
## **BOURNE GREEN SPORTS CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **1 Accounting policies**
**(Continued)**
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
## **1.11 Taxation**
As a registered charity it is exempt from tax on its activities which fall within the scope of part 10 ITA 2007 and section 256 of the Taxation of Chargeable Gains Act 1992
## **2 Donations and legacies**
|Donations and gifts
**3**
**Fundraising activities**
Fundraising events|**2023**
**£**
923
**2023**
**£**
23,227|2022
£
-|
|---|---|---|
|||2022
£
13,969|
- 9 -
## **BOURNE GREEN SPORTS CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **4 Charitable Activities - Income**
|Subscriptions and fees
Sponsorship
Fundraising
Other income
Bar Sales|**Football**
**2023**
**£**
87,327
10,000
1,394
-
-
98,721|**Cricket**
**2023**
**£**
20,019
1,305
2,285
317
-
23,926|**Athletics**
**2023**
**£**
6,379
-
-
1,202
-
7,581|**Total**
**2023**
**£**
113,725
11,305
3,679
1,519
-
130,228|**Football**
**2022**
**£**
53,262
13,500
1,320
-
-
68,082|**Cricket**
**2022**
**£**
13,898
1,025
1,475
2,856
4,222
23,476|**Athletics**
**2022**
**£**
6,269
-
-
1,062
-
7,331|**Total**
**2022**
**£**
73,429
14,525
2,795
3,918
4,222|
|---|---|---|---|---|---|---|---|---|
|||||||||98,889|
- 10 -
## **BOURNE GREEN SPORTS CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **5 Expenditure on raising funds**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2023**|**2022**|
||**£**|**£**|
|**Fundraising and publicity**|||
|Staging fundraising events|10,118|-|
- 11 -
## **BOURNE GREEN SPORTS CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **6 Charitable activities - Expenditure**
|**Football**
**2023**
**£**
Rent and facilities costs
62,661
Uniforms and equipment
17,071
Fees and subscriptions
24,469
Clubhouse costs
-
Other costs
6,716
110,917
Share of governance costs (see note )|**Cricket**
**Athletics**
**2023**
**2023**
**£**
**£**
13,645
-
4,680
1,140
8,093
385
-
2,835
1,748
5,887
28,166
10,247|**Total**
**2023**
**Football**
**2022**
**£**
**£**
76,306
63,087
22,891
12,051
32,947
10,647
2,835
-
14,351
6,365
149,330
92,150
1,200
150,530|**Cricket**
**Athletics**
**2022**
**2022**
**£**
**£**
14,522
-
328
2,859
3,896
360
2,701
1,062
1,405
4,561
22,852
8,842|**Total**
**2022**
**£**
77,609
15,238
14,903
3,763
12,331|
|---|---|---|---|---|
|||||123,844
5,257|
|||||129,101|
- 12 -
## **BOURNE GREEN SPORTS CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **7 Trustees**
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. No expenses were paid to the Trustees in the period.
## **8 Employees**
The average monthly number of employees during the year was:
|The average monthly number of employees during the year was:|||
|---|---|---|
||**2023**|**2022**|
||**Number**|**Number**|
|Total|-|-|
|There were no employees whose annual remuneration was more than £60,000.|||
## **9 Tangible fixed assets**
|**Cost**
At 1 April 2022
At 31 March 2023
**Depreciation and impairment**
At 1 April 2022
Depreciation charged in the year
At 31 March 2023
**Carrying amount**
At 31 March 2023
At 31 March 2022
**10**
**Stocks**
Finished goods and goods for resale
**11**
**Debtors**
**Amounts falling due within one year:**
Prepayments and accrued income|**Plant and equipment**
**£**
13,765
13,765
1,650
2,250
11,365
2,400
3,000
**2023**
**2022**
**£**
**£**
164
190
**2023**
**2022**
**£**
**£**
917
2,777|**Plant and equipment**
**£**
13,765
13,765
1,650
2,250
11,365
2,400
3,000
**2023**
**2022**
**£**
**£**
164
190
**2023**
**2022**
**£**
**£**
917
2,777|
|---|---|---|
|||13,765|
|||1,650
2,250|
|||11,365|
|||2,400|
|||3,000|
|||**2022**
**£**
190|
|||**2022**
**£**
2,777|
- 13 -
## **BOURNE GREEN SPORTS CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **12 Creditors: amounts falling due within one year**
|**Creditors: amounts falling due within one year**|||
|---|---|---|
||**2023**|**2022**|
||**£**|**£**|
|Accruals and deferred income|15,205|6,554|
## **13 Share capital**
The company has no share capital being a Charitable Incorporated Organisation.
## **14 Related party transactions**
There were no disclosable related party transactions during the year
## **15 APB Ethical Standard relevant circumstances**
In common with many entities of our size we use our independent examiners to assist with the preparation of the accounts.
- 14 -