**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