Unaudited Financial Statements for the Year Ended 30 June 2023
for
Walsham Le Willows Sports Club CIO
Walsham Le Willows Sports Club CIO
Contents of the Financial Statements for the year ended 30 June 2023
| 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 |
Walsham Le Willows Sports Club CIO
General Information for the year ended 30 June 2023
| 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
Financial Statements
for the year ended 30 June 2023
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
Walsham Le Willows Sports Club CIO
Trading and Profit and Loss Account for the year ended 30 June 2023
| Income Senior football income Senior football grants 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 Walking football income Cost of sales Youth football expenses Cricket expenses Club event expenses Football expenses Bowls expenses GROSS PROFIT Other income Sundry receipts Donations received Discounts taken 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 Irrecoverable VAT Accountancy Professional fees Legal fees Donations Depreciation of tangible fixed assets Profit/loss on sale of tangible fixed assets Bad debts Carried forward |
30/6/23 £ 44,375 26,154 3,120 15,000 4,179 14,161 12,084 43,860 1,008 8,973 5,494 52,408 3,157 878 3,650 17,529 7,120 11,080 39,990 2,130 3,223 17,267 62 3,548 3,978 3,501 2,248 12,438 985 203 7,383 503 310 525 - 3,309 2,088 239 16,063 1,375 2,605 801 45 14,176 - - |
£ 238,501 77,849 160,652 20,552 181,204 76,323 104,881 |
30/6/22 £ 40,570 30,582 1,597 10,000 2,222 10,873 12,875 31,550 - 4,058 6,715 8,507 1,692 1,608 4,333 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 |
Page 3
Walsham Le Willows Sports Club CIO
Trading and Profit and Loss Account for the year ended 30 June 2023
| 30/6/23 £ Brought forward Finance costs Bank charges Amounts written off investments Loans waived NET PROFIT |
30/6/22 £ £ 104,881 185 104,696 (2,817) 107,513 |
£ 30,268 182 |
|---|---|---|
| 30,086 - |
||
| 30,086 |
Page 4
Walsham Le Willows Sports Club CIO
Balance Sheet 30 June 2023
| Notes FIXED ASSETS Tangible assets 1 CURRENT ASSETS VAT Trade debtors Other debtors WLWSC Ltd 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 Cricket Cash CURRENT LIABILITIES Trade creditors Other creditors Accrued expenses NET ASSETS FINANCED BY RESERVES AND FUNDS Reserves 2 Capital account 3 |
30/6/23 £ 13,628 931 - 14,724 458 79 6,806 13,237 23,017 7,455 6,127 19,182 60,701 2,013 33 302 40 300 169,033 3,578 1,250 1,250 6,078 |
£ 764,902 162,955 927,857 512,814 415,043 927,857 |
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 |
Page 5
Walsham Le Willows Sports Club CIO
Notes to the Financial Statements for the year ended 30 June 2023
1. TANGIBLE FIXED ASSETS
| COST At 1 July 2022 Additions At 30 June 2023 DEPRECIATION At 1 July 2022 Charge for year At 30 June 2023 NET BOOK VALUE At 30 June 2023 At 30 June 2022 2. RESERVES At 1 July 2022 At 30 June 2023 3. CAPITAL ACCOUNT Brought forward Add Net profit |
Improvements Freehold to property property £ £ 263,728 357,051 - 95,562 263,728 452,613 20,768 21,175 - 2,581 20,768 23,756 242,960 428,857 242,960 335,876 30/6/23 £ £ 307,530 107,513 415,043 415,043 |
Plant and machinery £ 132,338 13,169 145,507 40,827 11,595 52,422 93,085 91,511 30/6/22 £ 277,444 30,086 |
Totals £ 753,117 108,731 |
|---|---|---|---|
| 861,848 | |||
| 82,770 14,176 |
|||
| 96,946 | |||
| 764,902 | |||
| 670,347 | |||
| Other reserves £ 512,814 |
|||
| 512,814 | |||
| £ 307,530 |
|||
| 307,530 |
Page 6