ChaTIty r•glstrallon numbor 1180381 CLAYGATE RECREATION GROUND TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 CLAYGATE RECREATION GROUND TRUST LEGALAND ADMINISTRATIVE INFORPAATION TnMt••s F Chapm J Snelling T ￿￿tha1 H E Jor*s G D Inde(k J Harding TAScott MDRO H G Taggwt R C Jones I cun￿WhaM Lsmith B Flrfl {Appolnted 21 September 2022) Chorlty nun*J•r 1180381 PrlnclpJl addr•ss Pawl Clayyate RecreatKm Dalm(Ke Avenue Claygate Esher Surrey KH10 OHQ Indèp•ntht •x•mln•r F J Wld8 FCCAMBA DChA Warner Wild8 81sley Surrey GU24 9SF CLAYGATE RECREATION GROUND TRUST CONTENTS Trustees, lThJewdent exami￿$ reptyl Statement of fin￿(jaI actsvi B￿ance sheet Notes to the ffinandal state￿ents 9-16 CLAYGATE RECREATION GROUND TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2023 The trustees present thelr anNal report and I￿￿￿al stalements for the ywended 31 March 2023. Th8 finandal slatements have been prepared n accordance with the aecounttng polldes set out In note 1 to the financial statements and compty *llh the ch￿5 governing dC￿U￿￿￿C Ihe Charilies Act 2011 arKI 'Accounting and Re￿ting by Charibes: SLrytement of RecorM7end8d Pr8Ctlce 8WicaLqe to charibes prepafing their accounts in ac￿rdanCe the FinaKial Rep￿[1￿ Standard appk¢xble In the UK and Republic of Ireland (FRS 102) (e￿live 1 Jarwary 2019)". Ob￿CtIVeS and actlvlti The charitys objects we: a) To manage cla￿ Recreati￿ (knirKI ofKI the &lAacenl tA￿l#and for the benefft of the tnhalytants of Claygate and the nelghbourhood in accord8Trx ￿1h a lease granted to tfU8lees for the trust by Elmbrld9e Borou￿ Councll. b) To prowde such other facilities for re¢xeational pwsuits and other leisure tim8 occupation in th8 intèrests of social welfare with the ￿jec1 of improving the c4nd1th￿S of lrfe lor ts pe(We rnsklent kn Claygate and the $urroundi)g areas as commlttee of management ofthe trust shal think fft from time io twne. There has be￿ no these thJdng Ihg ￿r. Publlc BoTh￿t The trustees have pald due regard lo guldance ISs￿d ty the Chaty Ccrfnmissk>n in dBcidwig what aetfvllles thg charity should undertake. Thè twsiees whilst volunteers seek to represent the dfverse aspecls of the c￿yg•te eommunlty and those orgaThsations v#Nch use the Rec as home venu8 for th8ir sportlng activibes, predOm￿antlY Claygate Cricket Club aTrJ CIMate Royas Footbal Club. A Ilst of th& trustees can be found at Appendix'A'. The forrnd aspects of this reFKwt i.e. the Accounts cover the pwk)d Awll 2022 to March 2023, however thi$ report covers aclfvltles Ilyough to the cuThent lirre. The ￿gi¢ ts dong so is simple. thé ￿COUnts represent what has gone, but it 1$ lryortant that we a(*no4•ledge the challeng8s and celebrate recent achievements. The Trust has had another I￿sY year WMI b81i8ve that have succeeded In our wry)ose. the recreation wound provldlng an Inyirtanl and wel used resource for c￿y9ale surroun¢*ng ¢ommunths. It Is th8 re¢rnationa hom8 for Claygate Cricket Club and (wrat￿81￿￿￿ to them for an excellent season wlth fantastlc levels ol partIdpa￿0n at all age levels. li is also h(￿ to the junior and veteran sides of th8 Claygate Royals Football Club. But re¢reatlon 1$ not aff about te*n games. We are host to thii¥irwJ fftnessl wellbeing grow. ad hoc games of football. rounders, netbaiinmsketbdl as vmll as d¢)3 walker5. dog trainlNJ groups and p80plg who lust eryoy the arn￿ence and the dlverse Thalure ofthe reueaikn ground. Wè aT8 fortunate that we also have a playground. Ihhlst the r￿￿ty refurbished p5ayground is managed by Elmbrfdge Borou￿ COU￿4111 undoubtedty o)ntfibutes to aclmevement of our purpose. ElJrknrfdg8 Borough ecyJn¢il is wthout doth>t the Tn￿l'S most iMport￿l partner. Our grounds are c(¥nplemented by cafè aThl ow evénts r¢￿ Treetops. Tr¢ café ha$ be¢n18as&J to PITP UK Llnwted the p8St Iwo and a half years. It wovides a focal poknl for many in the c¥)mmunty ttywhout wedt. Tntst Is ¢￿tInu* *nrklrKJ wlth PITP to impyove its service and offerlng. Treetops Is a great resowce and is a vern* regu￿ty used by f￿)833 g(rAV8. events meetKigs organls8rs and chlldren's party hosts. In li￿t of the exP￿ienCe of the pasi Yea￿ we acw ¢C￿sIde￿9 hrhv we can enhance the faality further. CLAYGATE RECREATION GROUND TRUST TRUSTEES. REPORT (CONTINUED FOR ThE YEAR ENDED 31 IAARCH 2023 Vlslon Our VISI￿ has not thanged. Th¢ Tntst¢es are a gmup of people wlK> we unslknting in thelr o)ntribulion. who come from 8 rrixture of backgrcwnds and experlenc* arml make WJ a team that coaleS￿S around our purpos8 and vision. Famlly Gard•n Our Farr￿lY Garden has Ibteramy blosson￿ thls thero are plans to see it develop fijrther with Autumn planting for Spring colwr. Those wtrv) use IL and Ihere are many. perhaps jusi accept Ihat ￿ is a peaceful oasls, but that ccmjld not be xNeved WIth(￿ Ihe hard work of Rachel. Ev•nts The Twst was keen that Claygate ShO￿j have an event to ¢elthte the KiNJ'$ ￿r¢That10n. We thought It Imp)rtanl that thbs should be an evgnt centred around children. Extensive pl8nning took place in advance of the day. The centreplece was a foolbal ￿rn[￿n for boys and glds and other appropdate attracUon9. For the adults, we had music and a bar. Whlst the weather was awful leading to ihe curtailment of several ol the planned actsvities. the fee¢*aL* on the day from those at the event and later was that a great day had been had by all. To help make It happgn the Claygate Flo¥wr arwj MIla￿ Shrm Cubwnlttee donated £750 and Claygate Parlsh councll £5￿. The Trust thanks both wlsatlons tr I￿rty)ntrI1xrtKTh. The Claygale Country 5 was well Sup[￿(1 by both Claygale resld8nts and k)cal NnniThJ clubs. Almost 400 entrants Signed up and enjoyod the new r&dwnad [x￿rse. The Clayg8le Flowef and Vilage Show Is probabty the most Impcxtsnt event In the sodal calendar of Claygate and it would be remiss not lo ￿cOgnIse the efftts ttwt went into Lyganisation of this yearfs ovent. Th? show comnMtte8'S cx)mmitrnenL dedication and hard was fArtstwMllrrfJ. The Glg on the Rec Is the largest fuNI raslbvj ev￿1 Tru4. i)n from the Claygate Flow and Vlllage Show but the r8alty is that plannwvJ starts th8 ye¥ Lth. The planning is undertaken by a small team which for the Lqst two years has been led by Bob Twells ably supported by lan Cunningham. Dedan Leonard. Paul Butler. Gaoff Ed8n and Nick Stafford. This year they woduced a wat ebynt ar#d the vmattw was agaln knnd. A blg Ihank you to the leam and the trustees who Stewarded the evenL Prfma Claygate Prlmary School enjoyed a very Sports Day on the Rec all(￿Ing ¢*ildren and parents io make the most ofthe oarfy summer $unshw* •xl ￿ temwnry 1(thi tr¥k Th• P•vllk>n 2023 The Pavilion has been open for two and a half years and has moved to a mre Opefational mode. AFI of the necessary support contracts are in placa and the fabric a￿1 sarvI￿ beiry maintained to a rewlar cyd8. Of course. as a wel used bullthrKJ. there have been a number of thallenges and issues over tha last yèar ensuring we ¢ontinue to leam how to get the best from wr worKlerful asseL Treetops continue5 to be well used for classes the Iwek. weekend utilisation has been somewhat less than eXr￿ted. There Is demaNI to ￿p&y1 the use of Tr• ￿leh we wlll k￿k to address In the ming year. CLAYGATE RECREATION GROUND TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Flnanclal R•vl•w The year to 31 Mar¢h 2023 reFwesenknl what we c￿nSIder lo have been year on8 of 'busn8ss as usual, artlable actlvlles invdving Ihe manag8Wt OPeTation ofthe Rec and pavllon. During the year ended 31 March 2023, trAal *KX)me Yds £120.764 c4ryarod to £199.092 In the prevlou$ nancial yearto 31 March 2022. The d8crease was mostty altslbul8bl& to the exF￿led reducti¢Jn ￿ '(woff gr*)ts and th)naknns that were recelved with Ihe speufic purpose of fvndirrfj the pavlion rfrbulkl and the construction (* thg famlty garden (£8,569 was r￿￿Ved (￿mpared to £105,724 in Ihe yEar). Thls orfroff fvrKling decrease wa5 offset by nueased reverwJes from G￿ on The Rec of £22.455 (no event In prevlous year due lo Covid-19), pavilion café (inryeased rent ¢harges In Ilne vAlh the leas8> and increased utillsatlon ofTwtLWS. Revenues from outdoor use of the Rec decre8$8d by £3.015 d8SPite thare being higher crfckel fees as a result of thg ex¢ell8nt summer. This was largely du& to k)wer demaThl from Claygate Royals. Other Income knthded sales of thrts in the anwal trust n￿letter Mthich was hand 4leNvered around the n&i9htK￿rhoCWj. Thi$ ineomè was cnKlal In n￿tk)g Ihe c¥)sts of pmting the newsletter. No emergency Ct)vld-10 fundlng was recelved kn the year to 31 Marth 2023 (G(ryaT8d to £8,(KIO In the p￿ou$ year). The grant from Elmbridge Borough CcAMK41 tr1 8UPP(Mt the upkeep of th8 reman8d ￿Changed at £33,230 (as it has done sinc8 2004). Total expenditure was £99.176 (2022: £89.028) (x)verw essenti* grourNls and pavkn MaInten￿¢? and general administration. The increase in oxts Is prknarily due io Ihe I￿￿10n of £10.833 rumng costs for Glg on the Rec {2022.' nll). The Tru$l has now eS￿lIShed what should be the rurtrrate Iml of cy8rthg ex￿n￿lure for the pavlllon and grounds In what has been a very uncertain e¢0￿M¢ en¥ironment wllh slgnmlcant Inftallon drfven fJ)sl pressures. It $htyJld be Mted that the Trust was fortunate to have secured a tw￿Year electriaty supply contract In August 2021 and which ewred recenty 18adng to a 75% increase In electrldty tharges from a new supplier. This has led to the Trust exploriThJ the option of instslling solar panels C*b the pavllion r(K>f (see later). Repalr and mainlenarKe costs increase(I by 54% to £45.845 (2022.. £29.819). This w8s attributable to ¢urring pavilion maint8nance charges as wdl as Ihe Increas￿ cost of the grounds contractors who prepare and maintain the grounds kn both sports events general wrrM)ses. Water rates of £2,426 were in￿1rred (2022.. nll) as a result of the Inwsed level of water consLmption on the cricket pitch85 arKI Far￿lY Garden during the long hot sumrner. Non-cash deFYeciation charyes of £13.275 {2022'. £34,407) arislng mainty on the pavilron rebulld were ltr•rnr as a reS￿t of a rebasiw of I￿•h￿ir￿j's Usef￿ bfv Imm 16 years to 50 years. The trustees have 8ssessed the maicff risks the d￿rIty is expowj. and are satlsfied thal systems are plxe to mitigato ¢xposur& to ts mahy tsks. Th• Futur• The Trust wouhj like to repeat a Spdng evenl and are to on Ihe success of tho Coronation Paty event. Wilhin the Trust we have abo￿ expanthrvJ the &Xivitses over th8 weekeThJ of the Claygate Flower and Mllap Shcrw and Qg on the Rec. A huge amount of effort goe$ into both events and Ihe Trusl beI￿Ve5 that there may b8 an opportunty to get more tsjt of the InfrastruGlur8 that is created lo enable ()olh events to take place. To that end an in%rytatron will be mwje for $ugges1*￿ of events that cthikl moet this objective. As regards the Pavlllon, the Tntst has been eX￿orng the poswbility of ir￿111ng solar p8n818 on the rLW of tha bullding. This opportunty has come about through the efforts of Clawjale Crfckel Club tkno have managed to S8cure the offer of a gr￿rt fr(xn Swrey Ccwnty ljlcket with the remavth of cost to be funded by the Trusl. The Trust hope9 to achleve an Imwoved level of resi1￿ce th reg￿15 to an imF¥Mant area of expendlture that has Increased ￿gnfficanty in recent months. CLAYGATE RECREATION GROUND TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 StructUf•y gov•rnanu ind man•g•m•nt The charSty 1$ a charl10b￿ 1ntsypor*￿ organisalion rnwred on 19 0(X (Ap￿￿￿tted 21 September 2022} Trustee8 are recruited by 2 x m8ans', represented (xganisal&)ns arKI from the g8neral public wtthwi Claygate and beyond. There Is capadty for g Tntstees lo rewesent ¢￿￿nISati￿$ on thè TNst as folh)ws: Claygate Cricket Club. Claygate Royals Fcthll Club, Cwgate Paiish CourKil, Elmbridg8 Borough Council, Claygate Youth Club, Claygate Primary School, Claygate Vtsge Asscciation. Claygate Village and Flower Show and Holy Trinty Church. kn adthtlon. there are 7 rnsmjent Trustee wsitions. Trustees who represent organlsallons are recwited from within ts sperifK i>rganisabon. Resident Trustees are recnNted locally vla word of mouth, social media, new51ekn and general noticeLM)arts. Once nOminatK￿5 for a Trustee p0S￿on have been recelved, polential candidates are urtervi￿ thek suWIIty and subsequently a Twstee 1$ selectsd. The day to day actfvltlas of the pavlllon are on the Mthole managed by the lJustees. The Trust'has engaged t￿king$ manager for a few a weok to assist T*bth the of the Treètops bo(*irwJs. The Trusiees, report was approved by thg Bo¥d of Trustees. A BroY4ll Trustee CLAYGATE RECREATION GROUND TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CLAYGATE RECREATION GROUND TRUST I reFQrt to the trustees on ry eXamirkqti￿ of the financaal Stateme￿ d Claygate Recreth Ground Trust (the chadtyl fortr* year ended 31 Mtrch 2023. Respon￿bIllI1•S and of r•wt As the trustees of the Charity you are ￿$p￿S￿lIe fcy FryaratIC￿ of ffi•Kaal slatements In accordance with the req￿rements d the Charlties 2011 (the 2011 A(a). I rek￿ In respect of my e￿Mination of the fir￿￿la1 statem8nts carried out under section 145 of the 2011 Act. In carr￿rrfJ (Krt my examinath)n I have follwed al the awk*ble Dlrectkins by the Chalky Commisslon under section 145(5Mbl (rf the 2011 ACL Ind•p•nd•nt ?xamln*s $tatemont Your attention is drawn to the fact that th8 chwty has rxepwed fi￿ntial statements in accordance with Accountlng and Reportlng by Charths tKep8dng th* accounts In attordano the Financial Reporting Standard applical￿e in the UK and RepublK of knland (FRS 102) in weferentx to the ACCO￿lI1￿g Reportlng by cha￿￿85.. Statement of Recommended Pracllca issu￿1 on 1 2￿5 which is referred to in the extant regulatiM$ lyjt has rmyw been with(ka¥ffl. l underntsnd that thls has been done in order for fThrKial statem8nts to provide a true falr Mow in accordance Generally Accepted Acc(MJntiw Pradkx effectlve for reportlng periods Wmlng on or after 1 January 2015. I have com￿eted my exaThwnation. I conkn th* no matters have come to my attenlh)n In connectkfb the examinati(￿ giviThJ m8 cause lo believe thal In any maleda respecL acc¥)untlng records were not kept In respect of the charity as re￿llred by SecaK￿ 130 of lh8 2011 Ac(. or th& finandal sta1eff￿nts 01 Statements. Endowment lunds are subject to spedlk o)nthiwis by LkKwrs Ihat th& c*[ rwst be rrO1rt*r￿ by the tharity. 1.4 Income Inccrfne 18 recowlsad thtwi the chwlty is l• entill84J to it perfwmarKe ca￿KIllI0nS have beèn moL th8 amounts can b8 me￿r•￿ relabty. and il is that Income be rec•Ned. Cash donatlons are recowlsed ¥ec*. ljher we re(wnlsed once the charfty has been notlfied of the dOna￿on, unless pthtrmance condilions requwe delerral of the amount. Income tax recoverable in relati(￿ to thna1￿ recar¥ad under Gift AMI deeds of covenanl Is re￿)9￿sed at th8 tlm8 of the dOn￿On. Legade$ are reeognlsed i)n receipt or olhwwse rf ctharity has been r￿11f￿d of an Impending distrlbutlon, the amounl is known. receipt is expecled. If the a￿￿Unt is rw)t kTh)wn. the legacy Is treated as a o)nllngent asseL CLAYGATE RECREATION GROUND TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2023 Accountlng polld (Contlnuodl 1.5 Exp•ndltts Liabiliknas are recognised as expenditure as s￿1 as11) there Is a legal or c￿StructIVe obligation commlllng the Trust to that 8xFernlitUTe (li) it is probable that settlement wil be requlred and (In) the amount of the obligation Gan be measured reliably. All expendilure is accounbj for on an accruals basis. Al expen$e$, indudlng support costs and governance costs. we allo¢*d c* apportloned to the applcable expenditure head￿￿$. 1.6 Tanglbl• tlx•d •¥s•ts Tangible fixed assets ar8 iThtialty measured at c¥)st and sub8equeTrty measured at cost or valuallon, not of depreciation and any Impalm)ent los￿. Depreciatlon is recogniwj so as to write off Ihe cost or vakm11￿ of assets thelr resldual values 0￿r Iheir useful lives on the lollowing bases: LeaSeh￿d improvements Containers & equiprw Imckets 2% per amum 10% or 2￿• feduang balance 33% $tr*Jht line The gain or Ioss 8rislng on the rfisposal of an asset is detemkned as the dIfferen￿ betr￿n the sale proceeds arwj the carrylNJ value of the asset. and is recognised statement Offin￿￿al activities. 1.7 Impalrni•nt of fixed ass•ts At each rep)rting eThJ date, the t*arlty re¥1￿ the carrylTrJ rnnts of its langibl? assets to detsm)Ine whether Ihere is any indication that those assets have suffered an Impalmwnt loss. If any such indication exists. the recoverable am0￿1 of the assel ks estimated in ordor to dotermin8 the extent of the inpalm)￿t loss {rf any)- 1.8 Cash and cash oqufvalents Cash and cash equivalents indude ¢ash In IoKI. *osks held at cal with banks. olher $l￿-t0￿1 liquid investments wlth orfginal malurlties of tlwee months or less, and bank ov8rikkn. Bank overdrafts are shi)wn within borrowings in current lia￿rties. 1.9 Flnan¢lal In¥trumonts The charity has elected to appty the provisvM$ of Seclvm 11 'Baslc Financial Instruments. and Sectlon 12 'Other Fknancial Instruments Issues. of FRS 1tr2 to all of its financial nstruments. Flnanclal Irtstruments are reCog￿ed ￿ the ctsril*s b¥bnce sheet wh8n th8 tharity becomès party to the C(￿raCtUal pro¥i5ions of the IrthmenL Financial assets and liabllitses are offset. wlth the net amounts presented in the ffinancial stalernents. w￿n there is a legalty enforceable right to set off the reco9nised amounts and Ihere Is an Intentlon to $8ttle on a net basbs or to reaise the asset and selue the Ilablllty simultsnwusly. Basic ffinandal assets, whkh indL*J8 debtors arKI cash and bank balan¢es. are Inlllally mea8ured at transaction wee ￿thd1Th9 transaction costs and are subsequently carried at amortised cost Using the effeclive Interest method unless the arraTrJement crfftsliiutes a fina￿lry transaction. where the transacUoD is measured at the present value of the fubjre re*%ipts discounted at a market rab of Inte￿t. Finandal assets classllled as recelvable wlthln 0￿ are not •nx*lsad. 10- CLAYGATE RECREATION GROUND TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Accounllng pollcl•s (ContIrn￿d1 8aslc Ilnanclal Ilabllftl•s Basic finanThal liabilities, Inththng uedlior8 and bank are Inlllally rnwjntsed 8t transacuon prke unless the arrangement constitijles a finantsrwJ tran&*t1￿. W￿re the debt instrument Is measured al the present value of the future payments al a market rale of interest. Finan(#al liabilities classified as payable within one year are not aThKrflised. Debl Instruments ar& Subsewenty ¢arr*d at amorti￿ ¢osL usiNJ effectlve Interest rate methc*J. Trade ereditots are obligations to pay for gcths or servlees that have been acqulred In the ordlnary course of operations from supplers. Amourts payable are dassrfted as current liabilibes rf payment ￿ due wilhln one year or less. 11 not. Ihey are presented as TrJn-Cur￿t liabilitiès. Trnde creditors are r8LX)gnised Irwllally at traDsacllon price aryj subsequendy mgasured at cost using the gffective interest method. D•r•¢ognltlon of ffijanclal Ilablllt Financial liabilities are dereca)9nised when the Chwit￿s contractual ob11y￿Orfj expire or are dscharged or cancelled. 1.10 Employm b•n•ftt8 The cosl of any uwsed holidty etititknt is rety)giMsed in the the employee's se￿CeS Temiinatlon benefts are recognised immediately as an expense v#hen the charity is dgmonstrabty committwj to temiinate the emFAoyThwit of an empw or to FKOVKle te￿InatIon benefits. Crllkal a￿ountIng Mtlmat•s WKI ludg•m In the appllcallon of the charftys aCCo￿lI¥j the tnjstees aTe required to make judgements. estimate$ and asswnplions atout the carying amount of assets and liabilities that are not readi￿ apparent from other sources. The estlmates and associa￿ assurybons are based on hiskncal expgrience and <>ther factots that are considered to be relevant. A¢tual results mty differ from these estimates. Thé 8sllmatés and ￿derf￿n9 asswyykn are revie￿£ w an ongoiw basts. Reviskns to a¢¢ountlng estimales are recognised In the perlod in which th8 8stimat8 Is revised where the revision affects onty that Pe￿¢￿1. or In Ihe of the revision ￿ fuiwe wh8r8 rwision affeds both currant and firturè peri¢xls. Donatlons and18gaclo• Unrnstrlctod Ro•trlct•d Total Lknrestricted Restricted funds Total 2023 2023 2022 2022 2022 Donaknns fn)m indivwjuals Grants induding ￿lta1 Grants Mamber5hlp fees 9.337 371 9.708 33.230 8.769 41.999 41.230 105,724 146,954 8.769 45.365 50.632 106,095 156,727 11 CLAYGATE RECREATION GROUND TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Ch•rltabl• a¢llvltl•g Ch￿￿￿• Charf¢•b Inco*• Tdal Charkabl• Ch•wll•bl• 2023 Incorn• Toial 2022 2022 Sales within ch8rlt8ble actI￿lIeS AncÉMary tradng Inrx)me Charftable rental Income 13.033 13,033 8.254 60.828 60.828 32.407 32.407 14,098 60,828 74.926 8.254 32.407 40,661 Other tradlng actlvltle• Unrnstrfct•d Resmcted funds funds 2023 2022 F￿dra￿ng events 170 1.675 Inv••tm•nts Unr•strlct•d Unrestricted fund8 funds 2023 2022 Interest Te¢eivable 29 Other Incon nd• Z023 2022 U5w definable dher ino)￿￿ headiry 1 300 12- CLAYGATE RECREATION GROUND TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Ralsbng funds Unr•strlct•d Unrestrlcted nd• fimd$ 2023 2022 Adverlisw 2,596 in Other trading acti¥rytie5 112 598 2,596 Charltablo actlvltle* Charltabh Charftable Exp•ndhur•Exp?ndltur• 2023 2022 Depreda￿On arthj Impalmwbt Rates and utilities Insurance Repairs and manlenance Admlnislration and general expenses GOTR pavilK￿ Open Day 13,275 15,753 34,407 13,370 1.858 29.819 4.918 45.845 6,800 10.833 95,232 84,372 Gra)t fun(ling of a¢livllle$ {s¢e noto 10} 1.065 Share of support L¥)sts ($00 nL4e 11) Share of govemanc• costs (see ncts 11) 35 2.025 1.596 98.578 86.432 Analysls by fund Unrestricted fijnds Restrfcted funds 88.098 10.480 54,244 32,188 98.578 86.432 13- CLAYGATE RECREATION GROUND TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 10 Gr￿ pJy•bl• Charllabl• Expendliure 2023 2022 Grants to in51ilutions.' Other 11 Support ¢o•ts Suppcyt Govemance 2022 Legal and professlonal 35 35 Aaccxjnts prepara¥on and Ir￿ependent Examination Bank charges 1.548 477 477 2.281 2.025 2.060 Analysed beiween Charitable ￿tIvitIeS I￿96 2281 2,025 2,060 12 Trust• Nono of Ihe trustees r￿1Ved any remuneration or benefits from the ch*ity duriNJ the year. 14. CLAYGATE RECREATION GROUND TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2023 13 Tanglbl• fix•d ass•ts Tolal Cost At 1 Aprfl 2022 Ad(thtsons 513.7PJ) 1.291 3.15S 539.784 5.763 4.472 At 31 March 2￿3 515.071 27,321 3,15S 545,547 D•pr•clallon and Impalrni•nt At 1 April 2022 Oepreclatlon charged kn the ￿ar 31,932 10.301 7222 2.974 3,155 42,309 13,275 At 31 Marth 2023 42.233 10.196 3,15S 55.584 Carrylng amount At 31 Marth 2023 472.838 17.125 489,963 At 31 Marth 2022 481.848 15.627 497.475 In 2021. 8XP8ndiiure of £690.161 was re(￿re￿ under a prop* devaknpm8nt aweement th Elmbrtdge 8orough Coundl aThl ￿ not i￿1￿]ed withkn the lease1K)￿J imprnva￿ts Shry*￿ above. 14 Oobtorn 2023 2022 Amounts fallkng du• wlthln on• y•*. Trade debto Other debtors p￿payMents and accnHI Income 16,174 3,447 6,198 3.772 2.483 2.326 25.819 8.581 15 Cr8dlt¢rs: •m¢wnts falllng du• *qthln y•w 2023 2022 Trade ¢redito Other LYeditLYS Accruals and deferred Inoyne 9.814 7.020 1,008 2,974 3264 14.078 11,002 15. CLAYGATE RECREATION GROUND TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 16 R•¥trlcl•d fund• The income funds of the charity inclLKle reStr￿ted funds e