Walsham Le Willows Sports Club CIO Registered Charity No:- 1178033 Trustees’ Report 1st July 2021 – 30th June 2022
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 third year’s activities of the CIO during which trustees have regularly participated in monthly management meetings to keep themselves abreast of development at the Club and ensure the strategic thrust of trustee policy in maintained.
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 during the Covid period has been a springboard for this last year 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 now functioning close to the capacity we projected for normal times and the charge made by the CIO to WLWSC for leasing the bar has been increased to £10,000 per annum for the financial year reported. It is anticipated this will rise to £15,000 in the year 2022-2023 which will be the level first envisaged by the trustees before the pandemic impacted on trading.
The sporting sections of the CIO have flourished with further 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. To that end, 2023 will see the establishment of a Community Fitness/Gym Centre and the construction of a Pétanque court.
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 18" April 2023
Unaudited Financial Statements for the Year Ended 30 June 2022
for
Walsham Le Willows Sports Club CIO
Signoff Date:
14/04/2023 08:07:07 AM (UTC) 14/04/2023 09:07:07 AM (Local)
Walsham Le Willows Sports Club CIO
Contents of the Financial Statements for the year ended 30 June 2022
| 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: 14/04/2023 08:07:07 AM (UTC) 14/04/2023 09:07:07 AM (Local)
Walsham Le Willows Sports Club CIO
General Information for the year ended 30 June 2022
| 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: 14/04/2023 08:07:07 AM (UTC) 14/04/2023 09:07:07 AM (Local)
Financial Statements
for the year ended 30 June 2022
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
Date: .............................................
Client Approval Certificate
I approve the financial statements and confirm that I have made available all relevant records and information for their preparation.
........................................................................ Members Date: .............................................
Page 2
Signoff Date: 14/04/2023 08:07:07 AM (UTC) 14/04/2023 09:07:07 AM (Local)
Walsham Le Willows Sports Club CIO
Trading and Profit and Loss Account for the year ended 30 June 2022
| 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 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 Licences and insurance Other office expenses Sundry expenses Accountancy Professional fees Legal fees Depreciation of tangible fixed assets Profit/loss on sale of tangible fixed assets Bad debts Carried forward |
30/6/22 £ 75,485 1,597 10,000 2,222 10,873 12,875 31,550 - 4,058 6,715 8,507 1,692 1,608 31,402 4,753 7,247 43,324 2,024 - - 1,607 3,120 - 23 - - 3,892 3,252 752 2,139 13,421 467 689 4,749 46 326 32 150 3,470 3,874 181 1,740 450 494 11,092 1,520 178 |
£ 167,182 88,750 78,432 4,750 83,182 52,914 30,268 |
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 - 400 9,699 - 126 |
£ 120,333 42,007 |
|---|---|---|---|---|
| 78,326 74,326 |
||||
| 152,652 43,739 |
||||
| 108,913 |
Page 3
Signoff Date: 14/04/2023 08:07:07 AM (UTC) 14/04/2023 09:07:07 AM (Local)
Walsham Le Willows Sports Club CIO
Trading and Profit and Loss Account for the year ended 30 June 2022
| 30/6/22 £ Brought forward Finance costs Bank charges NET PROFIT |
30/6/21 £ £ 30,268 182 30,086 |
£ 108,913 73 |
|---|---|---|
| 108,840 |
Page 4
Signoff Date: 14/04/2023 08:07:07 AM (UTC) 14/04/2023 09:07:07 AM (Local)
Walsham Le Willows Sports Club CIO
Balance Sheet 30 June 2022
| Notes FIXED ASSETS Tangible assets 1 CURRENT ASSETS VAT Trade debtors Other debtors WLWSC Ltd 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 Cricket Sinking Fund Cash in hand Football Petty Cash Bowls Cash CURRENT LIABILITIES Trade creditors Other creditors Accrued expenses NET ASSETS FINANCED BY RESERVES AND FUNDS Reserves 2 Capital account 3 |
30/6/22 £ 11,885 120 806 24,037 - 458 79 23,109 11,030 21,630 8,489 6,264 5,640 53,937 1,000 33 1,257 25 169,799 14,810 4,067 925 19,802 |
£ 670,347 149,997 820,344 512,814 307,530 820,344 |
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 |
Page 5
Signoff Date: 14/04/2023 08:07:07 AM (UTC) 14/04/2023 09:07:07 AM (Local)
Walsham Le Willows Sports Club CIO
Notes to the Financial Statements for the year ended 30 June 2022
1. TANGIBLE FIXED ASSETS
| COST At 1 July 2021 Additions Disposals At 30 June 2022 DEPRECIATION At 1 July 2021 Charge for year Eliminated on disposal At 30 June 2022 NET BOOK VALUE At 30 June 2022 At 30 June 2021 2. RESERVES At 1 July 2021 At 30 June 2022 3. CAPITAL ACCOUNT Brought forward Add Net profit |
Improvements Freehold to property property £ £ 263,728 373,063 - 33,988 - (50,000) 263,728 357,051 20,768 68,921 - 2,254 - (50,000) 20,768 21,175 242,960 335,876 242,960 304,142 30/6/22 £ £ 277,444 30,086 307,530 307,530 |
Plant and machinery £ 98,145 40,502 (6,309) 132,338 36,779 8,838 (4,790) 40,827 91,511 61,366 30/6/21 £ 168,604 108,840 |
Totals £ 734,936 74,490 (56,309) 753,117 126,468 11,092 (54,790) 82,770 670,347 608,468 Other reserves £ 512,814 512,814 £ 277,444 277,444 |
|---|---|---|---|
Page 6
Signoff Date: 14/04/2023 08:07:07 AM (UTC) 14/04/2023 09:07:07 AM (Local)
RMail Signature Certificate
| Signature Record | |
|---|---|
| Document Name: | Accounts.pdf, emailbody.rsec.htm.pdf, WAL003-Partnership_sole trader accounts with notes 22.2-PSN-DP-20230411.PDF |
| Signed by: | iancampbell@suffolkonline.net |
| Subject: | Re: Accounts |
| Signature Time Stamp: | 14/04/2023 08:07:07 AM (UTC)14/04/2023 09:07:07 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 W Campbell
| Original Email Details | |
|---|---|
| Proposal From: | secure@fwdaccounts.co.uk |
| Original Subject: | Accounts |
| Delivery Time Stamp: | 13/04/2023 03:38:26 PM (UTC)13/04/2023 04:38:26 PM (Local) |
Legal Proof Records Original Tracking Number: 23F51C3AA3237AA3EC2D4FC735B83443B82C690D Signature Tracking Number: C23E5D1C29007980D13946B75C0F64D8D7977F7B Reference Code:
The electronic signature indicating acceptance, proof of content, time stamps and audit trail may be verified by, (a) reviewing the integrity of the document's digital signature and/or (b) authenticating the RMail Registered Receipt email with the above Tracking Numbers.
For more information about RMail[®] services, visit www.rmail.com. An RPost[®] Technology RPost[®] Technologies: General terms, conditions, service levels, legal, trademark, and patent notices are available on RPost company (www.rmail.com) and product websites (https://www.rmail.com/legal-notices-2/legal-patent-notice/) RPost’s services, including RMail®, RSign®, Registered Email™, SideNote®, RMail encryption, and others are RPost patented technologies protected with US and non-US patent applications and US patents 8209389, 8224913, 8468199, 8161104, 8468198, 8504628, 7966372, 6182219, 6571334, 8484706, 9100355, 7707624, and other US and non-US patents listed at RPost company (www.rmail.com) and product websites (https://www.rpost.com/about-rpost/intellectual-property/trademarks).
Signoff Date: 14/04/2023 08:07:07 AM (UTC) 14/04/2023 09:07:07 AM (Local)
Unaudited Financial Statements for the Year Ended 30 June 2022
for
Walsham Le Willows Sports Club CIO
Signoff Date:
14/04/2023 08:07:07 AM (UTC) 14/04/2023 09:07:07 AM (Local)
Walsham Le Willows Sports Club CIO
Contents of the Financial Statements for the year ended 30 June 2022
| 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: 14/04/2023 08:07:07 AM (UTC) 14/04/2023 09:07:07 AM (Local)
Walsham Le Willows Sports Club CIO
General Information for the year ended 30 June 2022
| 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: 14/04/2023 08:07:07 AM (UTC) 14/04/2023 09:07:07 AM (Local)
Financial Statements
for the year ended 30 June 2022
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
Date: .............................................
Client Approval Certificate
I approve the financial statements and confirm that I have made available all relevant records and information for their preparation.
........................................................................ Members Date: .............................................
Page 2
Signoff Date: 14/04/2023 08:07:07 AM (UTC) 14/04/2023 09:07:07 AM (Local)
Walsham Le Willows Sports Club CIO
Trading and Profit and Loss Account for the year ended 30 June 2022
| 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 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 Licences and insurance Other office expenses Sundry expenses Accountancy Professional fees Legal fees Depreciation of tangible fixed assets Profit/loss on sale of tangible fixed assets Bad debts Carried forward |
30/6/22 £ 75,485 1,597 10,000 2,222 10,873 12,875 31,550 - 4,058 6,715 8,507 1,692 1,608 31,402 4,753 7,247 43,324 2,024 - - 1,607 3,120 - 23 - - 3,892 3,252 752 2,139 13,421 467 689 4,749 46 326 32 150 3,470 3,874 181 1,740 450 494 11,092 1,520 178 |
£ 167,182 88,750 78,432 4,750 83,182 52,914 30,268 |
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 - 400 9,699 - 126 |
£ 120,333 42,007 |
|---|---|---|---|---|
| 78,326 74,326 |
||||
| 152,652 43,739 |
||||
| 108,913 |
Page 3
Signoff Date: 14/04/2023 08:07:07 AM (UTC) 14/04/2023 09:07:07 AM (Local)
Walsham Le Willows Sports Club CIO
Trading and Profit and Loss Account for the year ended 30 June 2022
| 30/6/22 £ Brought forward Finance costs Bank charges NET PROFIT |
30/6/21 £ £ 30,268 182 30,086 |
£ 108,913 73 |
|---|---|---|
| 108,840 |
Page 4
Signoff Date: 14/04/2023 08:07:07 AM (UTC) 14/04/2023 09:07:07 AM (Local)
Walsham Le Willows Sports Club CIO
Balance Sheet 30 June 2022
| Notes FIXED ASSETS Tangible assets 1 CURRENT ASSETS VAT Trade debtors Other debtors WLWSC Ltd 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 Cricket Sinking Fund Cash in hand Football Petty Cash Bowls Cash CURRENT LIABILITIES Trade creditors Other creditors Accrued expenses NET ASSETS FINANCED BY RESERVES AND FUNDS Reserves 2 Capital account 3 |
30/6/22 £ 11,885 120 806 24,037 - 458 79 23,109 11,030 21,630 8,489 6,264 5,640 53,937 1,000 33 1,257 25 169,799 14,810 4,067 925 19,802 |
£ 670,347 149,997 820,344 512,814 307,530 820,344 |
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 |
Page 5
Signoff Date: 14/04/2023 08:07:07 AM (UTC) 14/04/2023 09:07:07 AM (Local)
Walsham Le Willows Sports Club CIO
Notes to the Financial Statements for the year ended 30 June 2022
1. TANGIBLE FIXED ASSETS
| COST At 1 July 2021 Additions Disposals At 30 June 2022 DEPRECIATION At 1 July 2021 Charge for year Eliminated on disposal At 30 June 2022 NET BOOK VALUE At 30 June 2022 At 30 June 2021 2. RESERVES At 1 July 2021 At 30 June 2022 3. CAPITAL ACCOUNT Brought forward Add Net profit |
Improvements Freehold to property property £ £ 263,728 373,063 - 33,988 - (50,000) 263,728 357,051 20,768 68,921 - 2,254 - (50,000) 20,768 21,175 242,960 335,876 242,960 304,142 30/6/22 £ £ 277,444 30,086 307,530 307,530 |
Plant and machinery £ 98,145 40,502 (6,309) 132,338 36,779 8,838 (4,790) 40,827 91,511 61,366 30/6/21 £ 168,604 108,840 |
Totals £ 734,936 74,490 (56,309) 753,117 126,468 11,092 (54,790) 82,770 670,347 608,468 Other reserves £ 512,814 512,814 £ 277,444 277,444 |
|---|---|---|---|
Page 6
Signoff Date: 14/04/2023 08:07:07 AM (UTC) 14/04/2023 09:07:07 AM (Local)
RMail Signature Certificate
| Signature Record | |
|---|---|
| Document Name: | Accounts.pdf, emailbody.rsec.htm.pdf, WAL003-Partnership_sole trader accounts with notes 22.2-PSN-DP-20230411.PDF |
| Signed by: | iancampbell@suffolkonline.net |
| Subject: | Re: Accounts |
| Signature Time Stamp: | 14/04/2023 08:07:07 AM (UTC)14/04/2023 09:07:07 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 W Campbell
| Original Email Details | |
|---|---|
| Proposal From: | secure@fwdaccounts.co.uk |
| Original Subject: | Accounts |
| Delivery Time Stamp: | 13/04/2023 03:38:26 PM (UTC)13/04/2023 04:38:26 PM (Local) |
Legal Proof Records Original Tracking Number: 23F51C3AA3237AA3EC2D4FC735B83443B82C690D Signature Tracking Number: C23E5D1C29007980D13946B75C0F64D8D7977F7B Reference Code:
The electronic signature indicating acceptance, proof of content, time stamps and audit trail may be verified by, (a) reviewing the integrity of the document's digital signature and/or (b) authenticating the RMail Registered Receipt email with the above Tracking Numbers.
For more information about RMail[®] services, visit www.rmail.com. An RPost[®] Technology RPost[®] Technologies: General terms, conditions, service levels, legal, trademark, and patent notices are available on RPost company (www.rmail.com) and product websites (https://www.rmail.com/legal-notices-2/legal-patent-notice/) RPost’s services, including RMail®, RSign®, Registered Email™, SideNote®, RMail encryption, and others are RPost patented technologies protected with US and non-US patent applications and US patents 8209389, 8224913, 8468199, 8161104, 8468198, 8504628, 7966372, 6182219, 6571334, 8484706, 9100355, 7707624, and other US and non-US patents listed at RPost company (www.rmail.com) and product websites (https://www.rpost.com/about-rpost/intellectual-property/trademarks).
Signoff Date: 14/04/2023 08:07:07 AM (UTC) 14/04/2023 09:07:07 AM (Local)