## **ASHBOURNE RECREATION GROUND SPORTS AND COMMUNITY PARTNERSHIP CHARITABLE INCORPORATED ORGANISATION** 

## **FINANCIAL STATEMENTS** 

## **FOR** 

## **31 DECEMBER 2022** 

**Charity Number 1178134** 



## **ASHBOURNE RECREATION GROUND SPORTS AND COMMUNITY PARTNERSHIP CHARITABLE INCORPORATED ORGANISATION** 

## **FINANCIAL STATEMENTS** 

## **YEAR ENDED 31 DECEMBER 2022** 

|**Contents**|**Page**|
|---|---|
|Members of the board and professional adviser|**1**<br>|
|Trustees’ annual report|**2-5**|
|Independent examiners report|**6**<br>|
|Statement of financial activities|**7**<br>|
|Balance Sheet|**8**<br>|
|Notes to the financial statements|**9-15**<br>|





## **ASHBOURNE RECREATION GROUND SPORTS AND COMMUNITY PARTNERSHIP CHARITABLE INCORPORATED ORGANISATION** 

## **FINANCIAL STATEMENTS** 

## **YEAR ENDED 31 DECEMBER 2022** 

## **The Board of Trustees** 

Original Trustees: 

John Lake - Chairman Julian Burton - Vice Chairman David Wood - Secretary Michael Hulme - Treasurer Caroline Cooper Paul Gerrard Norman Harris David Redshaw Andrew Bailey 

New Trustee Appointed August 2022 

Albert Golding 

**Charity registered number** 1178134 

## **Registered Address** 

The Pavilion Cokayne Avenue Ashbourne Derbyshire DE6 1EJ 

## **Independent Examiner** 

In August 2022 the Annual General Meeting confirmed this as: 

Mark Newey – Derby Community Accountancy Service 

## **Solicitors:** 

In November 2022 this was changed to: 

Geldards LLP - Derby 

**-1-** 



## **ASHBOURNE RECREATION GROUND SPORTS AND COMMUNITY PARTNERSHIP CHARITABLE INCORPORATED ORGANISATION** 

## **FINANCIAL STATEMENTS** 

## **YEAR ENDED 31 DECEMBER 2022** 

## **TRUSTEES ANNUAL REPORT** 

Ashbourne Recreation Ground Sports and Community Partnership board of trustees have pleasure in presenting their annual report and the unaudited financial statements of the Charitable Incorporated Organisation (CIO) for the year ended 31 December 2022. 

## **Structure, governance, and management** 

## **Objectives and activities** 

To promote for the benefit of the inhabitants of Ashbourne, and the surrounding area the provision of multi-purpose sporting facilities for recreation of other leisure time occupation for individuals or groups who have the need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of the life of said inhabitants. 

## **Summary of the main activities undertaken for the public benefit in relation to these objectives** 

In planning our activities for the year, we kept in mind the Charity Commissions guidance on public benefit at our trustee meetings. 

## **Review of the Year’s developments and achievements** 

## Objectives: 

2022 was the year when the build programme was finally completed and the Trustees hoped would be the start of a sustained period of successful operational trading. The more success achieved here would then dictate the amount of support the Partnership could provide through its community activity programme and in its longer-term strategy to develop the Ashbourne Recreation Ground in conjunction with Derbyshire Dales District Council and the member clubs. In achieving these objectives, the Trustees also had to be mindful of implementing a strong operational management plan to secure the long-term sustainability of the Pavilion. 

## Building Project 

At the end of December 2021, the Trustees aim of creating a new centre of excellence for sport and the community was becoming a reality. Slippages had occurred in the Pavilion build programme due to Covid and a shortage of key building materials resulting in the original completion date of September 2021 moving to February 2022. Fortunately the consequences of this were contained within the fixed price nature of the contract. The Partnership did incur one extension of time claim but in the spirit of working together this was mutually split between the parties.   Handover took place during the third week in February just in time for the bar to open for Shrovetide. 

**-2-** 



## **ASHBOURNE RECREATION GROUND SPORTS AND COMMUNITY PARTNERSHIP CHARITABLE INCORPORATED ORGANISATION** 

## **FINANCIAL STATEMENTS** 

## **YEAR ENDED 31 DECEMBER 2022** 

## **TRUSTEES ANNUAL REPORT** 

The main contract had been split between building work and external work due to some of the external aspects having to be “value engineered” out of the original scope due to cost pressures. As more grant 

funding became available it was evident that this work could be successfully funded and during the first six months of the year significant landscaping, planting and the introduction of patio furniture all combined to create the best outdoor space in Ashbourne. 

## Community Programme: 

Key to securing much of the grant funding was the opportunity to utilise the Pavilion for community activity and by working with local community groups such as the Ashbourne Community Cinema and Connex along with Derbyshire Dales District Council the Trustees were able to establish the Pavilion as the go to hub in Ashbourne for community activity. In order to sustain and grow this part of the Partnership’s activity it was necessary to employ a part time community coordinator. Thanks to the fantastic financial support from Ashbourne Town Council the Partnership were able to appoint Sally Jackson on a two year contract and consequently with her help expand the services on offer. 

The Community Programme at the Pavilion is now substantial and provides an Ashbourne base for a variety of Derbyshire Dales District Council “Health and Wellbeing” programmes, a very successful Tea, Talk and Tech initiative providing one to one IT training free of charge and an expanding Parent and Toddler group. It is also used by a variety of independent clubs for yoga and other healthy living projects. 

Summary: 

Key highlights for the year include: 

January/February 

- Building work and fit out of Pavilion complete 

- Main contractor handover 

- Bar open for trading 

March/April 

- Commencement of defects liability period 

- Community programme with yoga, IT help and Health and Wellbeing sessions commenced 

- Landscaping, planting and patio 

- 

May/June 

• Ashbourne Town Council financial support announced for community coordinator role July/August 

- Community Coordinator Sally Jackson appointed 

- Official opening by local MP Sarah Dines 

- Registered office changed to the Pavilion 

**-3-** 



## **ASHBOURNE RECREATION GROUND SPORTS AND COMMUNITY PARTNERSHIP CHARITABLE INCORPORATED ORGANISATION** 

## **FINANCIAL STATEMENTS** 

## **YEAR ENDED 31 DECEMBER 2022** 

## **TRUSTEES ANNUAL REPORT** 

September/October 

- Launch of £15m Levelling Up programme for Ashbourne by Sarah Dines MP 

- Warm space grant received 

November/December 

- Legal representatives changed to Geldards LLP 

- World Cup promotion 

- Expansion of community programme to include Parent and Toddler group 

## **FINANCIAL REVIEW** 

## **Reserves Policy** 

The charity’s reserves policy aims to hold 3 months running costs in reserve 

## **Independent Examiner** 

Derby CAS are continuing in office as independent examiner 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing Document** 

Ashbourne Recreation Ground Sports and Community Partnership registered with the charity commission on 26[th] April 2018. 

## **Trustee selection methods** 

A skills audit has been undertaken to discover those skills which are required by the trustee body. Efforts are made to recruit trustees who meet the skill requirement **.** 

## **Risk management policy** 

The trustees examine the major risks that the charity faces each financial year when preparing and updating the strategic plan. The charity has developed systems to monitor and control these risks to mitigate any impact that they may have on the charity in the future. 

## **Independent Examiner** 

Derby CAS are continuing in office as independent examiner 

Registered office: Signed on behalf of the Trustees 7 Northwood Rise Ashbourne Derbyshire DE6 1BF 

David Wood 

Trustee 

**-5-** 



## **ASHBOURNE RECREATION GROUND SPORTS AND COMMUNITY PARTNERSHIP CHARITABLE INCORPORATED ORGANISATION** 

## **FINANCIAL STATEMENTS** 

## **YEAR ENDED 31 DECEMBER 2022** 

## **Independent Examiner's Report to the Trustees of Ashbourne Recreation Ground Sports and Community Partnership** 

I report on the accounts of the charity for the year ended 31 December 2022 which are set out on pages 7 to 15 . 

## **Respective responsibilities of the trustees and examiner** 

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). 

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

## **Independent examiner’s statement** 

I have completed my examination.  I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: 

- accounting records were not kept in accordance with section 130 of the Act or 

- the accounts do not accord with the accounting records 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Mark Newey ACMA                                                      Date Derby Community Accountancy Service Babington Lodge 128 Green Lane Derby DE1 1RY 

**-6-** 



## **ASHBOURNE RECREATION GROUND SPORTS AND COMMUNITY PARTNERSHIP CHARITABLE INCORPORATED ORGANISATION** 

## **STATEMENT OF FINANCIAL ACTIVITY** 

## **YEAR ENDED DECEMBER 31[st] 2022** 

|||||**Total Funds**|Total Funds|
|---|---|---|---|---|---|
|||||**Year to 31**|Year to 31|
|||**Unrestricted**|**Restricted**|**Dec 2022**|Dec 2021|
|||**Funds**|**Funds**|||
||**Note**|<br>**£**|**£**|**£**|£|
|**Income from:**||||||
|Donations|**3**|**9,796**|**-**|**9,796**|-|
|Charitable activities|**4**|**-**|**97,816**|**97,816**|877,443|
|Other income|**5**|**237,510**|**-**|**237,510**|2,488|
|Investment income|**6**|**13**|**-**|**13**|17|
|||-------------------------------------|-------------------------------------|-------------------------------------|--------------------------------|
|**Total incoming resources**||**247,319**|**97,816**|**345,135**|879,948|
|||-------------------------------------|-------------------------------------|-------------------------------------|--------------------------------|
|**Expenditure on:**||||||
|Raising funds||**-**|**-**|**-**|-|
|Charitable activities||**223,697**|**36,775**|**260,472**|63,417|
|||--------------------------------|-------------------------------------|-------------------------------------|-----------------------------------|
|**Total resources expended**|**7**|**223,697**|**36,775**|**260,472**|63,417|
|||--------------------------------|-------------------------------------|-------------------------------------|---------------------------------|
|**Net incoming/(outgoing)**||||||
|**resources before transfers**||**23,622**|**61,041**|**84,663**|816,531|
|Transfer between funds||**139,763**|**(139,763)**|**-**|**-**|
|||--------------------------------|---------------------------|--------------------------------|**---------------------------**|
|**Net incoming/(outgoing)**||||||
|**resources for the year**||**163,385**|**(78,722)**|**84,663**|816,531|
|Balances brought forward||**723,314**|**101,828**|**825,142**|8,611|
|||--------------------------------|--------------------------------|--------------------------------|**--------------------------------**|
|Balances carried forward||**886,699**|**23,106**|**909,805**|825,142|
|||================================|===========================|================================|================================|



The charity has no recognised gains or losses other than the results for the year as set out above. 

All of the activities of the charity are classed as continuing. 

**The notes on pages 9 to 15 form part of these financial statements.** 

**-7 -** 



## **ASHBOURNE RECREATION GROUND SPORTS AND COMMUNITY PARTNERSHIP CHARITABLE INCORPORATED ORGANISATION** 

## **BALANCE SHEET** 

## **31 DECEMBER 2022** 

|||**2022**||**2021**||
|---|---|---|---|---|---|
||**Note**|**£**|**£**|**£**|**£**|
|**Fixed assets**||||||
|Tangible assets|**11**||**862,425**||740,570|
|**Current assets**||||||
|Cash at bank and in hand||**59,338**||135,599||
|Debtors|**10**|**30,442**||-||
|Stocks||**6,100**||-||
|||--------------------------------||---------------------------||
|||**95,880**||135,599||
|**Creditors: amounts falling due**||||||
|**within one year**|**12**|**48,500**||51,027||
|||--------------------------------||--------------------------------||
|**Net current assets**|||**47,380**||84,572|
||||--------------------------------||--------------------------------|
|**Total assets less current liabilities**|||**909,805**||825,142|
||||---------------------------||--------------------------------|
|**Net assets/(liabilities)**|||**909,805**||825,142|
||||===========================||================================|
|**Funds**||||||
|Restricted|**13**||**23,106**||101,828|
|Unrestricted Reserves|**13**||**886,699**||723,314|
||||---------------------------||--------------------------------|
|**TOTAL FUNDS**|||**909,805**||825,142|
||||===========================||================================|



The financial statements were approved by the members of the committee on the and signed on their behalf by: 

D. Wood Trustee 

**The notes on pages 9 to 15 form part of these financial statements.** 

**- 8-** 



## **ASHBOURNE RECREATION GROUND SPORTS AND COMMUNITY PARTNERSHIP CHARITABLE INCORPORATED ORGANISATION** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **YEAR ENDED 31 DECEMBER 2022** 

## **1. Accounting policies** 

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: 

## **Charity information** 

Ashbourne Recreation Ground Sports and Community Partnership is a registered charity and is a CIO. The charity’s registered office is 7 Northwood Rise, Ashbourne, Derbyshire, DE6 1BF. This is to be changed to, The Pavilion, Cokayne Avenue, Ashbourne, Derbyshire DE6 1EJ. It became a registered charity on 26[th] April 2018. At the end of the year there were 10 Trustees 

## **1.1 Accounting convention** 

These accounts have been prepared in accordance with FRS 102, “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”), “Accounting and Reporting by Charities” the Statement of Recommended Practice for charities applying FRS 102, the Companies Act 2006 and UK Generally Accepted Accounting Practice as it apples from 1 January 2015. The charity is a Public Benefit Entity as defined by FRS 102. 

The accounts are prepared in Sterling which is the functional currency of the charity. Monetary amounts in these financial statements to the nearest £. The accounts have been prepared on historical cost convention. The principal accounting policies adopted are set out below. 

These are accounts for the year ended 31 December 2022 are prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was 1 April 2015. 

## **1.2 Going concern** 

At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the accounts. 

## **1.3 Charitable Funds** 

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds are unrestricted funds earmarked by the trustees for particular purposes. 

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal. 

## **1.4 Incoming resources** 

All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Gifts in kind have been included at market value of gifts received and in assets acquired. No amounts are included in the financial statements for services donated by volunteers. 

**-9-** 



## **ASHBOURNE RECREATION GROUND SPORTS AND COMMUNITY PARTNERSHIP CHARITABLE INCORPORATED ORGANISATION** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **YEAR ENDED 31 DECEMBER 2022** 

## **1.5 Resources expended** 

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs relating to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources. Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in the support of the charitable activities. 

## **1.6 Debtors** 

Trade and other debtors are recognised at the settlement amount due after any trade discounts offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 

## **1.7 Cash and cash equivalents** 

Cash and cash equivalents include cash in hand, deposits held at call with banks, other shortterm liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 

## **1.8 Creditors and provisions** 

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. 

## **1.9 Financial instruments** 

The charity has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. 

## _**Derecognition of financial liabilities**_ 

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. 

## **1.10 Employee benefits** 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. 

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 

## **1.11 Taxation** 

The charity is exempt from tax on income and gains falling with section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. 

**-10-** 



## **ASHBOURNE RECREATION GROUND SPORTS AND COMMUNITY PARTNERSHIP CHARITABLE INCORPORATED ORGANISATION** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **YEAR ENDED 31 DECEMBER 2022** 

## **1.12  Depreciation** 

Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:- 

**Asset category Annual rate** Building 2% 

## **2 Critical accounting estimates and judgements** 

- In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimated and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. 

## **3. Voluntary income** 

|**Voluntary income**|||||
|---|---|---|---|---|
||||**Total Funds**||
||**Unrestricted**|**Restricted**|**Year to 31**|Period to 31|
||**Funds**|**Funds**|**Dec 2022**|Dec 2021|
||**£**|**£**|**£**|£|
|Donations|**9,796**|**-**|**9,796**|-|
||--------------------------------|-------------------------------------|-------------------------------------|--------------------------------|
||**9,796**|**-**|**9,796**|-|
||================================|=====================================|=====================================|=============================|



## **4. Grants receivable** 

|||||**Total Funds**||
|---|---|---|---|---|---|
||**Unrestricted**||**Restricted**|**Year to 31**|Period to 31|
||**Funds**||**Funds**|**Dec 2022**|Dec 2021|
||**£**||**£**|**£**|£|
|Ashbourne Town Council||**-**|**5,600**|**5,600**|-|
|Derbyshire County Council||**-**|**1,000**|**1,000**|-|
|Derbyshire Dales CVS||**-**|**2,250**|**2,250**|-|
|Derbyshire Dales District Council||**-**|**5,000**|**5,000**|281,275|
|England and Wales Cricket Board||**-**|**-**|**-**|250,000|
|Severn Trent Water||**-**|**17,013**|**17,013**|108,120|
|Garfield Weston Foundation||**-**|**-**|**-**|25,000|
|Landfill Tax||**-**|**1,500**|**1,500**|28,500|
|Football Foundation||**-**|**65,453**|**65,453**|184,548|
||--------------------------------||-------------------------------------|-------------------------------------|--------------------------------|
|||**-**|**97,816**|**97,816**|877,443|
||================================||=====================================|=====================================|=============================|



**-11-** 



## **ASHBOURNE RECREATION GROUND SPORTS AND COMMUNITY PARTNERSHIP CHARITABLE INCORPORATED ORGANISATION** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **YEAR ENDED 31 DECEMBER 2022** 

## **5 Sundry Income** 

|**Year to**<br>**31 Dec**<br>**2022**<br>**£**<br>Bar income<br>**230,185**<br>Room hire<br>**3,905**<br>Subscriptions<br>**150**<br>Sundry<br>**3,270**<br>**______**<br>**237,510**<br>===========================<br>**6**<br>**Interest receivable**<br>**Year to**<br>**31 Dec**<br>**2022**<br>**£**<br>Bank interest receivable<br>**13**<br>===========================<br>**7.**<br>**Total resources expended**<br>Wages<br>Building costs<br>Building consultants and fees<br>Printing, stationery& postage<br>Internet costs<br>Legal fees<br>Insurance<br>Accountancy fees<br>Utility costs<br>Bar costs<br>Depreciation<br>VAT<br>Sundry<br>**-12-**|**Total Funds**<br>**Year to 31**<br>**Dec  2022**<br>**£**<br>**73,476**<br>**31,608**<br>**-**<br>**695**<br>**2,491**<br>**-**<br>**4,017**<br>**1,200**<br>**8,003**<br>**93,368**<br>**17,909**<br>**7,466**<br>**20,239**<br> <br>**260,472**<br>|Year to<br>31 Dec<br>2021<br>£<br>-<br>-<br>-<br>2,488<br>____<br>2,488<br>===========================<br>Year to<br>31 Dec<br>2021<br>£<br>17<br>===========================<br>Total Funds<br>Year to 31<br>Dec 2021<br>£<br>-<br>17,366<br>21,900<br>60<br>337<br>6,600<br>-<br>900<br>-<br>-<br>15,114<br>-<br>1,140<br> <br>63,417<br>|
|---|---|---|





## **ASHBOURNE RECREATION GROUND SPORTS AND COMMUNITY PARTNERSHIP CHARITABLE INCORPORATED ORGANISATION** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **YEAR ENDED 31 DECEMBER 2022** 

Expenditure on charitable activities was £260,194 (2021: £63,417) of which £36,775 was restricted (2021: £39,266) 

## **8. Net (expenditure)/income** 

|**Net (expenditure)/income**|||
|---|---|---|
||**Year to**|Year to|
||**31 Dec**|31 Dec|
||**2022**|2021|
||**£**|£|
|Independent examiner’s Fees|**1,200**|900|
|Depreciation|**17,909**|15,114|
||===========================|===========================|



## **9. Trustees and key management personnel** 

During the year trustees did not receive remuneration for their roles as trustees The key management personnel of the charity consist of the trustees. 

## **The aggregate payroll costs were:** 

||**Year to**|Period to|
|---|---|---|
||**31 Dec**|31 Dec|
||**2022**|2021|
||**£**|£|
|Wages and salaries|**73,198**|-|
|National Insurance|**278**|-|
|Pension|**-**|-|
||--------------------------------|--------------------------------|
||**73,476**|-|
||================================|================================|



No employee earned more than £60,000 per annum. No trustees were reimbursed for expenditure. 

## **Particulars of employees:** 

The average number of staff employed by the charity during the financial year amounted to: 

||**Year to**|Year to|
|---|---|---|
||**31 Dec**|31 Dec|
||**2022**|2021|
||**No**|No|
|Direct Charitable Staff (full time equivalent)|**8**|-|
|Administration|**-**|-|
||**___**|___|
||**8**|-|
||================|================|



**-13-** 



## **ASHBOURNE RECREATION GROUND SPORTS AND COMMUNITY PARTNERSHIP CHARITABLE INCORPORATED ORGANISATION** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **YEAR ENDED 31 DECEMBER 2022** 

## **10. Debtors:** 

|**Debtors:**||||
|---|---|---|---|
||**2022**|2021||
||**£**|£||
|Football Foundation|**18,668**||-|
|Severn Trent Water|**5,000**||-|
|Derbyshire Dales District Council|**5,000**|||
|Ashbourne Town Council|**600**||-|
|Sundry|**1,174**|||
||--------------------------------|--------------------------------||
||**30,442**||-|
||================================|================================||



## **11.     Fixed Assets** 

||Buildings|Total||
|---|---|---|---|
||**£**|**£**||
|Cost as at 1 January 2022|755,684|755,684||
|Additions|139,764|139,764||
|Disposals|-|-||
|Cost as at 31 December 2022|895,448|895,448||
|Depreciation as at 1 January 2022|15,114|15,114||
|Depreciation charge for the year|17,909|17,909||
|Depreciation on Disposals|-|-||
|Depreciation as at 31 December 2022|33,023|33,023||
|Net Value as at 31 December 2022|**862,425**|**862,425**||
|Net Value as at 1 January 2022|740,570|740,570||
|**12.** **Creditors:**||||
||**2022**||2021|
||**£**||£|
|Enrok (Pavilion construction costs)|<br>**22,386**||44,247|
|Architects fees|**2,130**||4,980|
|HMRC VAT|**14,057**||-|
|HMRC PAYE|**1,440**||-|
|Other fees|**8,487**||1,800|
||--------------------------------||--------------------------------|
||**48,500**||51,027|
||================================||================================|



**-14-** 



## **ASHBOURNE RECREATION GROUND SPORTS AND COMMUNITY PARTNERSHIP CHARITABLE INCORPORATED ORGANISATION** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **YEAR ENDED 31 DECEMBER 2022** 

## **13. Statement of funds** 

||**At 1 Jan**||||**At 31Dec**|
|---|---|---|---|---|---|
||**2022**|**Incoming**|**Outgoing**|**Transfers**|**2022**|
|||**£**|**£**|**£**|**£**|
|**General reserve**|**723,314**|**247,319**|**223,697**|**139,763**|**886,699**|
|**Designated Funds**|**-**|**-**|**-**|**-**|**-**|
||-------------------------------------|-------------------------------------|-------------------------------------|-------------------------------------|-------------------------------------|
|**Total unrestricted funds**|**723,314**|**247,319**|**223,697**|**139,763**|**886,699**|
|**Restricted Funds**||||||
|Pavilion building project|**101,828**|**90,966**|**29,925**|**(139,763)**|**23,106**|
|Derbyshire Dales CVS|**-**|**2,250**|**2,250**|**-**|**-**|
|Ashbourne Town Council|**-**|**3,600**|**3,600**|**-**|**-**|
|Derbyshire County Council|**-**|**1,000**|**1,000**|**-**|**-**|
||-------------------------------------|-------------------------------------|-------------------------------------|-------------------------------------|-------------------------------------|
|**Total restricted funds**|**101,828**|**97,816**|**36,775**|**(139,763)**|**23,106**|
||-------------------------------------|-------------------------------------|-------------------------------------|-------------------------------------|-------------------------------------|
|**Total funds**|**825,142**|**345,135**|**260,472**|**-**|**909,805**|
||-------------------------------------|=====================================|====================================|-------------------------------------|-------------------------------------|



## Restricted Funds 

Pavilion building project: Building work creating a new centre of excellence for sport and the community 

Derbyshire Dales CVS money was spent on a sound system. Ashbourne Town Council money was spent on wages. 

Derbyshire County Council money was spent on providing a warm space. 

## **14. Analysis of net assets** 

|**Analysis of net assets**||||
|---|---|---|---|
||**Tangible**|**Other net**||
||**fixed assets**|**assets**|**Total**|
|**Unrestricted funds**||||
||**£**|**£**|**£**|
|General Funds|**862,425**|**24,274**|**886,699**|
|Designated Funds|**-**|**-**|**-**|
|Pavilion building project|**-**|**23,106**|**23,106**|
||**______**|**______**|**______**|
||**862,425**|**47,380**|**909,805**|
||====================================|====================================|====================================|



## **15. Related party transactions** 

The charity had no related party transactions that required disclosure 

. 

**-15-**