Walsham Le Willows Sports Club CIO Registered Charity No:- 1178033 Trustees’ Report 1st July 2019 – 30th June 2021
Trustees:- Michael Powles, John Holden, Catriona Hubbard, Howard Gilbert, Trevor Pollard, Trevor Roberts and Ian Campbell
The daily routine of the Sports Club is managed on behalf of the trustees by a committee that comprises four of the trustees plus representatives from each sporting section of the club. This report covers the second year’s activities of the CIO which have been singularly impacted on due to the Coronavirus pandemic. The hopeful predictions in last year’s report that meetings would again be practical to physically hold and not conducted by zoom alone, did, of course, not materialise and for the sake of practicality, trustees have regularly joined the management meetings to keep themselves abreast of development at the Club.
It seems amazing to report that, during such a difficult time as the pandemic particularly for sport, that the Club has moved forward both financially and physically. The support given from Government in terms of grants is clear from the figures and the good relationship between the Sports Club and sporting foundations such as football has meant that facilities have continued to be improved during the period enabling greater use to be made not just by mainstream sports but also by the community. The internal restructuring inside the clubhouse and fold back dividers has meant that simultaneous activities can be undertaken such as Yoga, Otago, carpet bowls as well as providing meeting room space. The open space when dividers are folded back has also enabled larger gathering for social activities such as section dinners to take place as well as providing a welcoming environment for parishioners to use for wakes and children parties. These offer income streams beyond those we have relied on in the past such as bar takings to increase our viability.
The trading company, WLWSC Ltd, that we were required to establish by the Commissioners is still functioning well below the capacity we might have projected in normal times and therefore the charge made by the CIO to WLWSC for leasing the bar was reduced to £6,000 per annum for the financial year reported. It is anticipated this will rise to £12,000 in the year 2021-2022.
The sporting sections of the CIO have flourished despite the pandemic restrictions with particular success to report at both the top and bottom of the age profile. Youth football and cricket have grown their participation both in terms of numbers and coaching whilst the walking sports for seniors have good support and have provided a distinct aspect of mental benefit as well as the physical one. It remains an objective of the trustees to widen the range of recreational activity on offer for the community and to play a full part in what makes Walsham Le Willows and surrounding district such a desirable place to live.
The management committee under the chairmanship of Michael Powles and charged by the trustees with the day to day running of the Sports Club, have again done their job with distinction.
lan W Campbell MBE 14" February 2022
Unaudited Financial Statements for the Year Ended 30 June 2021
for
Walsham Le Willows Sports Club CIO
Signoff Date: 08/02/2022 09:18:04 AM (UTC) 08/02/2022 09:18:04 AM (Local)
Walsham Le Willows Sports Club CIO
Contents of the Financial Statements for the year ended 30 June 2021
| Page | |
|---|---|
| General Information | 1 |
| Accountants' Report and Client Approval Certificate | 2 |
| Trading and Profit and Loss Account | 3 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 |
Signoff Date:
08/02/2022 09:18:04 AM (UTC) 08/02/2022 09:18:04 AM (Local)
Walsham Le Willows Sports Club CIO
General Information for the year ended 30 June 2021
PROPRIETOR: Members ADDRESS: Clay Cottage Clay Street Walsham le Willows Bury St Edmunds Suffolk IP31 3BH ACCOUNTANTS: FWD Accounts Limited 7 Forbes Business Centre Kempson Way Bury St Edmunds Suffolk IP32 7AR
Page 1
Signoff Date: 08/02/2022 09:18:04 AM (UTC) 08/02/2022 09:18:04 AM (Local)
Financial Statements
for the year ended 30 June 2021
Accountants' Report to
Walsham Le Willows Sports Club CIO
In accordance with instructions given to us we have prepared without carrying out an audit the annexed financial statements from information and explanations supplied to us by Walsham Le Willows Sports Club CIO.
FWD Accounts Limited 7 Forbes Business Centre Kempson Way Bury St Edmunds Suffolk IP32 7AR
7 February 2022
Client Approval Certificate
I approve the financial statements and confirm that I have made available all relevant records and information for their preparation.
Members
7 February 2022
Page 2
Signoff Date: 08/02/2022 09:18:04 AM (UTC) 08/02/2022 09:18:04 AM (Local)
Walsham Le Willows Sports Club CIO
Trading and Profit and Loss Account for the year ended 30 June 2021
| Income Senior football income Netball income Bar rental Membership subscriptions Club event & sporting dinner Cricket income Youth football income Function hire income Bowls income AGP income Grants Yoga income Tennis income Cost of sales Kitchen expenses Youth football expenses Cricket expenses Club event expenses Football expenses Bowls expenses Tennis expenses Netball expenses GROSS PROFIT Other income Sundry receipts Donations received Insurance claims Discounts taken Covid-19 support grants Deposit account interest Expenditure AGP Electricity & Maintenance Sports pavilion maintenance Bowls green maintenance Sports Pavilion Oil Grounds/Equip maintenance Bowls - rent, rates & water Sports Pavilion rates & water Sports Pavilion electricity Bowls electricity Telephone Post and stationery Advertising Bad debts Licences and insurance Other office expenses Sundry expenses Accountancy Carried forward |
30/6/21 £ 38,802 1,084 6,000 2,897 1,500 7,976 19,690 285 452 3,541 37,075 403 628 - 12,239 2,601 25 23,466 3,632 22 22 2,200 12,955 4,950 26 54,191 4 2,299 5,869 792 250 11,628 983 34 3,365 656 295 171 208 - 2,637 1,780 47 2,500 33,514 |
£ 120,333 42,007 78,326 74,326 152,652 152,652 |
30/6/20 £ 33,456 - 6,000 1,467 9,912 4,477 27,437 1,337 18,272 9,069 12,175 500 90 937 12,969 1,332 7,100 28,896 20,910 - 98 11,486 5,587 - 129 20,000 122 1,686 2,899 1,244 1,759 14,177 416 478 4,246 453 611 22 3,259 531 4,410 600 - - 36,791 |
£ 124,192 72,242 |
|---|---|---|---|---|
| 51,950 37,324 |
||||
| 89,274 | ||||
| 89,274 |
Page 3
Signoff Date: 08/02/2022 09:18:04 AM (UTC) 08/02/2022 09:18:04 AM (Local)
Walsham Le Willows Sports Club CIO
Trading and Profit and Loss Account for the year ended 30 June 2021
| Brought forward Legal fees Donations Depreciation of tangible fixed assets Bad debts Finance costs Bank charges NET PROFIT |
30/6/21 £ 33,514 400 - 9,699 126 |
£ 152,652 43,739 108,913 73 108,840 |
30/6/20 £ 36,791 2,240 250 4,416 - |
£ 89,274 43,697 |
|---|---|---|---|---|
| 45,577 190 |
||||
| 45,387 |
Page 4
Signoff Date: 08/02/2022 09:18:04 AM (UTC) 08/02/2022 09:18:04 AM (Local)
Walsham Le Willows Sports Club CIO
Balance Sheet 30 June 2021
| Notes FIXED ASSETS Tangible assets 1 CURRENT ASSETS VAT Trade debtors Other debtors WLWSC Ltd Unlisted investments Youth Football Petty Cash Tea Hut Float - Youth Football IWC cash account Lloyds Treasurer's Account Santander Account Lloyds Football Bowls Bank Account Cricket Bank Account HSBC Youth Football Youth Football Sinking Fund Cash in hand Football Petty Cash Bowls Cash Cricket Cash CURRENT LIABILITIES VAT Trade creditors Other creditors Accrued expenses NET ASSETS FINANCED BY RESERVES AND FUNDS Reserves 2 Capital account 3 |
30/6/21 £ 5,260 275 2,172 17,440 - 100 458 93 51,995 6,542 22,920 9,394 4,922 13,180 52,470 33 187 567 - 188,008 - 1,326 4,067 825 6,218 |
£ 608,468 181,790 790,258 512,814 277,444 790,258 |
30/6/20 £ - 105 1,781 20,111 1 100 458 93 13,128 6,085 16,554 14,515 6,079 7,023 47,170 33 354 328 391 134,309 12,206 1,280 12,067 1,750 27,303 |
£ 574,412 107,006 |
|---|---|---|---|---|
| 681,418 | ||||
| 512,814 168,604 |
||||
| 681,418 |
Page 5
Signoff Date: 08/02/2022 09:18:04 AM (UTC) 08/02/2022 09:18:04 AM (Local)
Walsham Le Willows Sports Club CIO
Notes to the Financial Statements for the year ended 30 June 2021
1. TANGIBLE FIXED ASSETS
| COST At 1 July 2020 Additions At 30 June 2021 DEPRECIATION At 1 July 2020 Charge for year At 30 June 2021 NET BOOK VALUE At 30 June 2021 At 30 June 2020 2. RESERVES At 1 July 2020 At 30 June 2021 3. CAPITAL ACCOUNT Brought forward Add Net profit |
Improvements Freehold to property property £ £ 263,728 338,969 - 34,094 263,728 373,063 20,768 63,397 - 5,524 20,768 68,921 242,960 304,142 242,960 275,572 30/6/21 £ £ 168,604 108,840 277,444 277,444 |
Plant and machinery £ 88,484 9,661 98,145 32,604 4,175 36,779 61,366 55,880 30/6/20 £ 123,217 45,387 |
Totals £ 691,181 43,755 |
|---|---|---|---|
| 734,936 | |||
| 116,769 9,699 |
|||
| 126,468 | |||
| 608,468 | |||
| 574,412 | |||
| Other reserves £ 512,814 |
|||
| 512,814 | |||
| £ 168,604 |
|||
| 168,604 |
Page 6
Signoff Date: 08/02/2022 09:18:04 AM (UTC) 08/02/2022 09:18:04 AM (Local)
RMail Signature Certificate
| Signature Record | |
|---|---|
| Document Name: | CIO Accounts.PDF, emailbody.rsec.htm.pdf, Finalised CIO accounts.pdf |
| Signed by: | iancampbell@suffolkonline.net |
| Subject: | Re: Finalised CIO accounts |
| Signature Time Stamp: | 08/02/2022 09:18:04 AM (UTC)08/02/2022 09:18:04 AM (Local) |
I agree with the content of the e-mail, the contract and any attachment(s), and I further agree to use electronic signature and sign here.
Type your name here: Ian Wilson Campbell MBE
Original Email Details
Proposal From: secure@fwdaccounts.co.uk Original Subject: Finalised CIO accounts Delivery Time Stamp: 07/02/2022 05:59:31 PM (UTC)07/02/2022 05:59:31 PM (Local)
Legal Proof Records
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Signoff Date: 08/02/2022 09:18:04 AM (UTC) 08/02/2022 09:18:04 AM (Local)