## **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)