## **Trustees’ Annual Report for the period**
**From 1 April 2021 Period start date To 31 March 2022 Period end date Charity name: Keighley Table Tennis Centre CIO**
## **Charity registration number: 1179297**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To promote and facilitate healthy leisure**
**activities in the local area in a safe and**
**sociable environment.**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**Facilitated table tennis play for casual,**
**league and over 50s club as well as**
**archery and art activities. Membership**
**numbers have continued to grow.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The Trustees have reviewed the**
**guidance.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|**Charity does not engage in grant**
**provision.**|
|Policy on social investment
including program related
investment|Para 1.38|**Not applicable in this period.**|
|Contribution made by
volunteers|Para 1.38|**Volunteers support the running of the**
**Over 50s table tennis club 5 times per**
**week and support with basic**
**maintenance and cleaning tasks when**
**required.**|
|Other|||
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**The charity has made some really**
**positive steps on the back of a couple of**
**difficult years due to the Covid**
**restrictions. Membership continues to**
**grow at the facility. Our biggest**
**achievement is the successful re-**
**introduction of a Saturday drop-in**
**session which offers table tennis to a**
**wide range of people of all ages,**
**backgrounds and abilities. Many**
**attendees at the informal drop-in**
**session go on to attend the organised**
**daily sessions and become club**
**members. This session also attracts**
**younger players some of whom go on to**
**join the youth coaching club hosted at**
**the centre.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||||
|---|---|---|
|Achievements against
objectives set|Para 1.41||
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**The Trustees are pleased to report net**
**total funds on deposit are £25,600 and**
**the club is operating on a sound**
**financial footing.**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Reserves are not held**|
|Amount of reserves held|Para 1.22|**None**|
|Reasons for holding zero
reserves|Para 1.22|**Obligations are paid as they arise**|
|Details of fund materially in
deficit|Para 1.24|**N/A**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**N/A**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Keighley Table Tennis Centre**
**Constitution**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Members are invited to complete an**
**application form to apply for a position**
**of voluntary trustee and to attend a**
**meeting of the trustee board to**
**understand the role requirements and to**
**have any questions addressed.**
**References are required.**|
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
## **Reference and Administrative details**
|Charity name|Keighley Table Tennis Centre CIO|
|---|---|
|Other name the charity uses||
|Registered charity number|1179297|
|Charity’s principal address|Unit S1 Keighley Business Centre
South Street
Keighley
BD21 1SY|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Mr A Bray||||
||Mrs A Langley||||
||Mr S R McFadyen||||
||Ms S Treanor||appointed 14.3.22||
||MrM Singleton||appointed 31.8.22||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
## – Corporate trustees names of the directors at the date the report was approved
**Director name N/A**
Name of trustees holding title to property belonging to the charity
|**Trustee name**|**Dates acted if not for whole year**||
|---|---|---|
|**N/A**|||
||||
||||
||||
||||
||||
## **Funds held as custodian trustees on behalf of others**
Description of the assets N/A held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of**
**adviser**
**Name**
**Address**|**Type of**
**adviser**
**Name**
**Address**|**Type of**
**adviser**
**Name**
**Address**|
|---|---|---|
||||
||||
||||
||||
|**Name of chief executive or names of senior staff members (Optional information)**|||
||||
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
**N/A**
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|||
|---|---|---|
||Andrew John Bray||
||
Chair of Trustees||
||26thJanuary 2023||
||26thJanuary 2023||
**REGISTERED COMPANY NUMBER: CE014707 (England and Wales) REGISTERED CHARITY NUMBER: 1179297**
**REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **FOR**
## **KEIGHLEY TABLE TENNIS CENTRE CIO**
Tasker Accounting Services Limited 3 Feast Field Horsforth Leeds West Yorkshire LS18 4TJ
**KEIGHLEY TABLE TENNIS CENTRE CIO**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
|||**Page**|
|---|---|---|
|**Report of the Trustees**||1|
|**Independent Examiner's Report**||2|
|**Statement of Financial Activities**||3|
|**Balance Sheet**|4|to 5|
|**Notes to the Financial Statements**|6|to 8|
|**Detailed Statement of Financial Activities**||9|
**KEIGHLEY TABLE TENNIS CENTRE CIO**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
CE014707 (England and Wales)
## **Registered Charity number**
1179297
## **Registered office**
Unit S1 Keighley Business Centre South Street Keighley West Yorkshire BD21 1SY
## **Trustees**
A Bray Mrs A Langley S R McFadyen Ms S Treanor (appointed 14.3.22) M Singleton (appointed 31.8.22)
## **Independent Examiner**
Tasker Accounting Services Limited 3 Feast Field Horsforth Leeds West Yorkshire LS18 4TJ
Approved by order of the board of trustees on 11 January 2023 and signed on its behalf by:
A Bray - Trustee
Page 1
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KEIGHLEY TABLE TENNIS CENTRE CIO**
## **Independent examiner's report to the trustees of Keighley Table Tennis Centre CIO ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination,I report in respect of my examinationof your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accountingand reportingby charities (applicable to charities preparingtheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examinationto which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Tasker Accounting Services Limited Tasker Accounting Services Limited 3 Feast Field Horsforth Leeds West Yorkshire LS18 4TJ
11 January 2023
Page 2
**KEIGHLEY TABLE TENNIS CENTRE CIO**
**STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|||Unrestricted|
|---|---|---|
|||fund|
||Notes|£|
|**INCOME AND ENDOWMENTS FROM**|||
|Donations and legacies||26,255|
|**EXPENDITURE ON**|||
|Raising funds||655|
|**NET INCOME**||25,600|
|**TOTAL FUNDS CARRIED FORWARD**||25,600|
The notes form part of these financial statements
Page 3
**KEIGHLEY TABLE TENNIS CENTRE CIO**
## **BALANCE SHEET 31 MARCH 2022**
|||Unrestricted|
|---|---|---|
|||fund|
||Notes|£|
|**FIXED ASSETS**|||
|Tangible assets|4|116|
|**CURRENT ASSETS**|||
|Debtors|5|1,461|
|Cash at bank||24,758|
|||26,219|
|**CREDITORS**|||
|Amounts falling due within one year|6|(735)|
|**NET CURRENT ASSETS**||25,484|
|**TOTAL ASSETS LESS CURRENT**|||
|**LIABILITIES**||25,600|
|**NET ASSETS**||25,600|
|**FUNDS**|7||
|Unrestricted funds||25,600|
|**TOTAL FUNDS**||25,600|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 4
## **KEIGHLEY TABLE TENNIS CENTRE CIO**
## **BALANCE SHEET - continued 31 MARCH 2022**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 11 January2023 and were signed on its behalf by:
A Bray - Trustee
A Langley - Trustee
The notes form part of these financial statements
Page 5
**KEIGHLEY TABLE TENNIS CENTRE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
£
Depreciation - owned assets
57
continued...
Page 6
**KEIGHLEY TABLE TENNIS CENTRE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2022.
## **4. TANGIBLE FIXED ASSETS**
|**4.**|**TANGIBLE FIXED ASSETS**|||
|---|---|---|---|
||||Computer|
||||equipment|
||||£|
||**COST**|||
||Additions||173|
||**DEPRECIATION**|||
||Charge for year||57|
||**NET BOOK VALUE**|||
||At 31 March 2022||116|
|**5.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
||||£|
||Prepayments and accrued income||939|
||Prepayments||522|
||||1,461|
|**6.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
||||£|
||Trade creditors||113|
||Accrued expenses||622|
||||735|
|**7.**|**MOVEMENT IN FUNDS**|||
|||Net||
|||movement|At|
|||in funds|31.3.22|
|||£|£|
||**Unrestricted funds**|||
||General fund|25,600|25,600|
||**TOTAL FUNDS**|25,600|25,600|
continued...
Page 7
**KEIGHLEY TABLE TENNIS CENTRE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **7. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|26,255|(655)|25,600|
|**TOTAL FUNDS**|26,255|(655)|25,600|
## **8. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2022.
Page 8
**KEIGHLEY TABLE TENNIS CENTRE CIO**
£
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
## **INCOME AND ENDOWMENTS**
|**Donations and legacies**
Membership
Casual Table Hire
Hot Vending
Winter League Match Play
Non-Sports Related Hire
Over 50s Sports Session
Sports Related Hire
Donated services and facilities
Outreach Coaching
**Total incoming resources**
**EXPENDITURE**
**Support costs**
**Management**
Insurance
Postage and stationery
Sundries
Repairs and renewals
**Governance costs**
Accountancy and legal fees
Computer equipment
Total resources expended
**Net income**|9,186
630
342
574
912
10,712
3,779
45
75
26,255
26,255
161
90
303
(376)
178
420
57
477
655
25,600|
|---|---|
This page does not form part of the statutory financial statements
Page 9
**REGISTERED COMPANY NUMBER: CE014707 (England and Wales) REGISTERED CHARITY NUMBER: 1179297**
**REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **FOR**
## **KEIGHLEY TABLE TENNIS CENTRE CIO**
Tasker Accounting Services Limited 3 Feast Field Horsforth Leeds West Yorkshire LS18 4TJ
**KEIGHLEY TABLE TENNIS CENTRE CIO**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
|||**Page**|
|---|---|---|
|**Report of the Trustees**||1|
|**Independent Examiner's Report**||2|
|**Statement of Financial Activities**||3|
|**Balance Sheet**|4|to 5|
|**Notes to the Financial Statements**|6|to 8|
|**Detailed Statement of Financial Activities**||9|
**KEIGHLEY TABLE TENNIS CENTRE CIO**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
CE014707 (England and Wales)
## **Registered Charity number**
1179297
## **Registered office**
Unit S1 Keighley Business Centre South Street Keighley West Yorkshire BD21 1SY
## **Trustees**
A Bray Mrs A Langley S R McFadyen Ms S Treanor (appointed 14.3.22) M Singleton (appointed 31.8.22)
## **Independent Examiner**
Tasker Accounting Services Limited 3 Feast Field Horsforth Leeds West Yorkshire LS18 4TJ
Approved by order of the board of trustees on 11 January 2023 and signed on its behalf by:
A Bray - Trustee
Page 1
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KEIGHLEY TABLE TENNIS CENTRE CIO**
## **Independent examiner's report to the trustees of Keighley Table Tennis Centre CIO ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination,I report in respect of my examinationof your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accountingand reportingby charities (applicable to charities preparingtheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examinationto which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Tasker Accounting Services Limited Tasker Accounting Services Limited 3 Feast Field Horsforth Leeds West Yorkshire LS18 4TJ
11 January 2023
Page 2
**KEIGHLEY TABLE TENNIS CENTRE CIO**
**STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|||Unrestricted|
|---|---|---|
|||fund|
||Notes|£|
|**INCOME AND ENDOWMENTS FROM**|||
|Donations and legacies||26,255|
|**EXPENDITURE ON**|||
|Raising funds||655|
|**NET INCOME**||25,600|
|**TOTAL FUNDS CARRIED FORWARD**||25,600|
The notes form part of these financial statements
Page 3
**KEIGHLEY TABLE TENNIS CENTRE CIO**
## **BALANCE SHEET 31 MARCH 2022**
|||Unrestricted|
|---|---|---|
|||fund|
||Notes|£|
|**FIXED ASSETS**|||
|Tangible assets|4|116|
|**CURRENT ASSETS**|||
|Debtors|5|1,461|
|Cash at bank||24,758|
|||26,219|
|**CREDITORS**|||
|Amounts falling due within one year|6|(735)|
|**NET CURRENT ASSETS**||25,484|
|**TOTAL ASSETS LESS CURRENT**|||
|**LIABILITIES**||25,600|
|**NET ASSETS**||25,600|
|**FUNDS**|7||
|Unrestricted funds||25,600|
|**TOTAL FUNDS**||25,600|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 4
## **KEIGHLEY TABLE TENNIS CENTRE CIO**
## **BALANCE SHEET - continued 31 MARCH 2022**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 11 January2023 and were signed on its behalf by:
A Bray - Trustee
A Langley - Trustee
The notes form part of these financial statements
Page 5
**KEIGHLEY TABLE TENNIS CENTRE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
£
Depreciation - owned assets
57
continued...
Page 6
**KEIGHLEY TABLE TENNIS CENTRE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2022.
## **4. TANGIBLE FIXED ASSETS**
|**4.**|**TANGIBLE FIXED ASSETS**|||
|---|---|---|---|
||||Computer|
||||equipment|
||||£|
||**COST**|||
||Additions||173|
||**DEPRECIATION**|||
||Charge for year||57|
||**NET BOOK VALUE**|||
||At 31 March 2022||116|
|**5.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
||||£|
||Prepayments and accrued income||939|
||Prepayments||522|
||||1,461|
|**6.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
||||£|
||Trade creditors||113|
||Accrued expenses||622|
||||735|
|**7.**|**MOVEMENT IN FUNDS**|||
|||Net||
|||movement|At|
|||in funds|31.3.22|
|||£|£|
||**Unrestricted funds**|||
||General fund|25,600|25,600|
||**TOTAL FUNDS**|25,600|25,600|
continued...
Page 7
**KEIGHLEY TABLE TENNIS CENTRE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **7. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|26,255|(655)|25,600|
|**TOTAL FUNDS**|26,255|(655)|25,600|
## **8. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2022.
Page 8
**KEIGHLEY TABLE TENNIS CENTRE CIO**
£
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
## **INCOME AND ENDOWMENTS**
|**Donations and legacies**
Membership
Casual Table Hire
Hot Vending
Winter League Match Play
Non-Sports Related Hire
Over 50s Sports Session
Sports Related Hire
Donated services and facilities
Outreach Coaching
**Total incoming resources**
**EXPENDITURE**
**Support costs**
**Management**
Insurance
Postage and stationery
Sundries
Repairs and renewals
**Governance costs**
Accountancy and legal fees
Computer equipment
Total resources expended
**Net income**|9,186
630
342
574
912
10,712
3,779
45
75
26,255
26,255
161
90
303
(376)
178
420
57
477
655
25,600|
|---|---|
This page does not form part of the statutory financial statements
Page 9