**Unaudited Financial Statements for the Year Ended 30 June 2024** **for** **Walsham Le Willows Sports Club CIO** **Walsham Le Willows Sports Club CIO** **Contents of the Financial Statements for the year ended 30 June 2024** ||**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 2024** |**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 2024** ## **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 2024** |**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
Fitness centre 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
Wages
Telephone
Post and stationery
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
Carried forward|30/6/24
£
45,543
-
2,292
15,000
2,569
17,068
11,300
46,220
-
5,085
6,034
29,117
2,580
853
5,081
14,201
26,153
11,792
10,606
48,749
1,270
96
8,656
-
3,913
5,961
4,998
2,034
23,218
1,175
279
9,595
554
2,475
309
27
3,651
2,349
101
-
1,250
-
-
110
27,854
3,209|£
202,943
98,570
104,373
8,752
113,125
93,062
20,063|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| Page 3 **Walsham Le Willows Sports Club CIO** ## **Trading and Profit and Loss Account for the year ended 30 June 2024** |30/6/24
£
Brought forward
**Finance costs**
Bank charges
**Amounts written off investments**
Loans waived
**NET PROFIT**|30/6/23
£
£
20,063
137
19,926
-
19,926|£
104,881
185
104,696
(2,817)
107,513| |---|---|---| Page 4 ## **Walsham Le Willows Sports Club CIO** ## **Balance Sheet 30 June 2024** |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|30/6/24
£
20,451
2,422
136
16,889
458
79
5,537
17,954
29,934
4,879
3,931
6,689
68,175
4,079
33
320
40
93
182,099
5,802
6,250
1,275
13,327|£
779,011
168,772
947,783
512,814
434,969
947,783|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| Page 5 ## **Walsham Le Willows Sports Club CIO** ## **Notes to the Financial Statements for the year ended 30 June 2024** ## 1. **TANGIBLE FIXED ASSETS** |**COST**
At 1 July 2023
Additions
Disposals
At 30 June 2024
**DEPRECIATION**
At 1 July 2023
Charge for year
Eliminated on disposal
At 30 June 2024
**NET BOOK VALUE**
At 30 June 2024
At 30 June 2023
2.
**RESERVES**
At 1 July 2023
At 30 June 2024
3.
**CAPITAL ACCOUNT**
Brought forward
Add
Net profit|Improvements
Freehold
to
property
property
£
£
263,728
452,613
-
5,449
-
(2,788)
263,728
455,274
20,768
23,756
-
19,997
-
(2,788)
20,768
40,965
242,960
414,309
242,960
428,857
30/6/24
£
£
415,043
19,926
434,969
434,969|Plant and
machinery
£
145,507
40,495
(6,329)
179,673
52,422
10,290
(4,781)
57,931
121,742
93,085
30/6/23
£
307,530
107,513|Totals
£
861,848
45,944
(9,117)
898,675
96,946
30,287
(7,569)
119,664
779,011
764,902
Other
reserves
£
512,814
512,814
£
415,043
415,043| |---|---|---|---| Page 6