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2024-03-31-accounts

CLUB SODA

CLUB SODA

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE 12 MONTHS ENDED 31 MARCH 2024

Registered Charity No. 1183211

CLUB SODA

Registered Charity Number: 1183211

Trustees

Sedley Wilson Terry Andrew Smith Yasmin Louise Clark Chetna Kapacee Andrew Slegg Paul Barnard Caroline Dodd Sophie Jones

Registered Address:

Turf Projects, Units 46-47, Trinity Court (Ground Floor), Whitgift Shopping Centre, Croydon, CR0 1UQ

Independent Examiner:

Jonathan Chartres 31 Moor Park Road, Hereford, England, HR4 0RR

Contents of the Financial Statements for the 12 Months Ended 31st March 2024

CLUB SODA

Page
Report of the Trustees 1 -15
Independent Examiner's Report 16
Statement of Financial Activities 17
Balance Sheet 18
Cash Flow Statement 19
Notes to the Financial Statements 20 -30

CLUB SODA IMPA'eT REPORT 2023/24

Trustees Summary

Welcome to our Impact Report 2023/24. We are really excited to share some highlights from the past 12 months with you in this report.

This year Croydon was crowned, London Borough of Culture, and Club Soda played our part, delivering 13 events, reaching diverse audiences and showcasing our amazing artists and DJs to the wider community. Our members helped create our first ever Manifesto and we told the story of Club Soda to the Museum of Croydon so it can be archived and recorded for future generations.

Our Gig Buddies project turned 6 years old and is continually bringing more friends together through our fun social events. It was briliant to see new connections being made and the buddies having an awesome time rocking out at Brockwell Live festivals over the summer. If you haven’t seen the highlights video of everyone enjoying the festival, please check it out over on our YouTube page.

Similarly, our Leisure Link project is going from strength to strength. The newsletter has just passed 400 subscribers, and we’ve been able to increase the print run of our magazine to meet the growing demand. It’s fantastic to see how much our community values and engages with the content we create together.

On social media, our following grew massively, and it’s clear that our online presence is helping us connect with more people beyond the borough, as interest grows in working with us and booking our artists.

Financially, it has been a strong year. We raised over £170,000 for the second year in a row. We carefully managed our expenses, to ensure we can continue our important work without compromising on quality or reach.

We are proud of the recognition we’ve received too. We were honoured with a London Faith & Community Award and secured funding from several large funders, including the Arts Council and the NHS. Our media presence grew as well, with features on BBC London News and BBC Radio London, which has helped us expand our reach and impact.

Looking ahead to 2024/25 we have some exciting plans, which we hope you’ll enjoy reading about. We would like to say thank you to all our supporters, partners, and volunteers. Your contributions make a real difference. Here’s to another year of making positive impacts together!

2

About Us

Our Events and Workshops are…

Empowering – A place for freedom of expression and to learn new skills A Community – Connect with new and old friends

Trendsetting – We break boundaries in music and media A Party – “Lively, Rocking, A brilliant night out!”

We want to change…

Croydon’s social scene – More accessible gigs, events and venues!

People’s attitudes towards people with Learning Disabilities – Don’t underestimate us!

The Music Industry – More representation of learning-disabled artists in mainstream spaces.

We believe that…

‘Music is important because it allows you to express feelings and what you’re thinking.’

‘The neurotypical way (without learning disabilities) of doing things is not always the most creative, interesting, or fun way of doing things.’

‘Music is a powerful tool to bring people together.’

‘Every person with a learning disability is different – We deserve to have a choice, be understood and be respected!’

3

How We Do Things

At Club Soda, we believe in welcoming everyone and making sure everyone feels like they are a part of things. When we get together for workshops or creative activities, we aim for a chilled and friendly vibe. Whether it’s our workshops, events, or just hanging out, being creative is at the heart of what we do.

Here’s how we do things with everyone in mind:

When it comes to helping our members get better at what they love:

Most importantly, we want everyone to have a say and make their own choices. We’re here to guide and support them whenever they need help, just like mentors do.

4

Headlines For 2023/24

51

Events

(Increase of 6 from 2022/23)

106

Members (Increase of 40 from 2022/23)

5,262

Social media followers (Increase of 834 from 2022/23)

£170,883

Money raised (Increase of £2,608 from 2022/23)

360

Workshops (The same as 2022/23)

30

Volunteers (The same as 2022/23)

17,104

Likes, Comments and Shares on social media (Increase of 3,382 from 2022/23)

£137,871

Money spent (Decrease of £6,572 spent from 2022/23)

3,754

Instances of faceto-face engagement (Increase of 252 from 2022/23)

17

Gig Buddy matched pairs (The same as 2022/23)

392

Newsletter subscribers (Increase of 67 from 2022/23)

£1,450

Money earned by our artists (Not recorded in 2022/23)

5

Live Events

Achievements

“What I really enjoy about Soda Crew events is that it’s somewhere disabled people can be themselves with other disabled people.”

“When I turned 18, I was so excited to come to Club Soda. I was straight on the dancefloor; I didn’t care about showing my disability and my dance moves.”

6

Workshops

Achievements

“I am a performer, I am a DJ, it doesn’t matter who you are, you are welcome here.” DJ Harley

“Music has a way of being able to express feelings and what you are thinking without you needing to physically say it. If you’re feeling tense or anxious, you can say it in the music. It allows freedom of expression.” Matt Thompson, Transient Visitors

7

Our Artists

Achievements

Theophilus

Luminous

“I felt like a role model playing at the festival as someone with a learning disability.” Musician

“I was quite frightened people wouldn’t come and watch but then loads of people stopped to watch me. It felt like a really big moment for me.” Adrian Clarke, The Carbonators

8

Gig Buddies

Achievements

“Gig Buddies has been a very much needed social lifeline.” Parent of a participant

“My buddy has become one of my closest friends after we were matched 4 years ago. We do lots together. We learn and grow and look out for one another. After a change of personal situation, my buddy and his family invited me round for lunch on Christmas Day - my world is a better place for him and his wonderful parents in it.” Volunteer

9

----- Start of picture text -----
link
leisure
Croydon
----- End of picture text -----

Leisure Link

Achievements

• Held 12 social events

“Work your magic again and bring our next screening to the attention of your supporters.” David Lean Cinema

“I enjoy coming so I know what is going on in Croydon and seeing places to go... I think it has helped me overcome problems that I’ve had, things that really got to me! It has made me feel more confident.” Leisure Linker

10

Partnerships

This year has been remarkable for Club Soda, and our success is largely due to the incredible partnerships we’ve forged. Working with a diverse array of organisations, we’ve been able to expand our reach, enhance our programmes, and create more meaningful impact within our community.

Croydon College

We developed a new Media Team with Croydon College. This collaboration not only provided valuable learning opportunities for the students involved, but has also brought fresh energy and innovative ideas to how we present content created for Leisure Link Magazine and Podcast. The Media Team produced high-quality content that helped us engage with a wider audience and tell our stories in new and exciting ways.

Croydon Music & Arts

Our young Soda Jam members worked with other young musicians from Croydon Music & Arts. They were front and centre for an exciting collaborative performance of one of their original compositions at ‘CR Talent’, a large youth music festival in Wandle Park, which featured hundreds of talented young musicians from across Croydon.

11

Partnerships

FUSE

We continued to develop the FUSE project with our partner organisations, SLiDE Dance and TURF Projects. Together, we aim to create more opportunities for Croydon-based artists with learning disabilities through regular workshops and SoDaDa events. Our goal is to develop new and original interdisciplinary work and make our organisations more resilient through shared learning and exploring best practices.

Brockwell Live

We were invited to be a charity partner of Brockwell Live festivals. This partnership has not only raised awareness of learning-disabled musicians but also empowers our members to create positive change on festival operations, ensuring they put access at the forefront of their planning and organising. It’s been inspiring to see our musicians perform and be celebrated at such large scale mainstream events.

12

Plans & Targets for 2024/25

Review all our essential Policies and make them easy-read and available on our new website

Plan the next 4 years by writing a new Business Plan and Fundraising Strategy for 2025 - 2029

a new website for Club Soda Design

Partner with new associate artists working in the music industry

Secure funding to deliver our 4 year Business Plan for 2025-2029

Expand the number of partnerships with mainstream music festivals

Establish connections with supported living homes and Croydon GPs

Develop our emerging artist programme to establish at least 4 new artists

Feature our artists at a mainstream music festival for a second year running

Recruit a young person to our board of trustees

Launch a new volunteer recruitment campaign for Gig Buddies

13

Financial Report

Income

Fundraising Members Fees Ticket Sales

Performance Income Donations

TOTAL

£151,656 £2,038 £1,105 £6,719 £2,682 £170,883

Expenditure

Staff Salaries £114,823 Expenses £3,446 Equipment £4,855 Rent £4,134 Venue Hire £5,090 Other £5,523

TOTAL

£137,871

14

Thank you

Donors:

Coca Cola; Jan & Graham Keane

Artistic partners:

Carousel; Croydon Music & Arts; SLiDE; Stay Up Late; TURF Projects

Supporters:

Croydon College; Riff Raffs; Stanley Arts; The Oval Tavern; Boxpark; Nuts about Events; Frames Sports Bar

Volunteers:

Dave Goswell Caitlin Brooks Emma Selwyn Jamie Pettitt Jo Coleman Rosie Baldwin Simon Docking Alex Brooks Alice Gamm

Megan Woof Steven Preston Sean Slevin Aidan Dwan Alexandra Warman David Holgado James Savory Ruth Hall Steve Perkins

Jack Clarke Ros McDermott Zoe D’Avignon Stephen Wicks Mike Careney Richard Rampersaud Harry Pledger Terri McFarlane Nell Sumners

Funders:

15

Contents of the Financial Statements for the 12 Months Ended 31st March 2024

CLUB SODA

The Trustees present their annual report together with the unaudited financial statements for the year ended 31st March 2024. The Trustees confirm that the Annual Report and financial statements of the charity comply with the current statutory requirements, the charity’s governing document and the provisions of the Statement of Recommended Practice (SORP), 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).

The trustees who held office during the year and up to the date of signature of the financial statements were as follows:

Sedley Wilson Terry Andrew Smith Yasmin Louise Clark Chetna Kapacee Andrew Slegg Paul Barnard Caroline Dodd Sophie Jones

Objectives and Activities

Club Soda works with people who have learning disabilities and autism. They deliver workshops in music making and DJing and produce live events which showcase the talents of members and other artists with learning disabilities and autism. Gig Buddies Croydon and Leisure Link are projects run by Club Soda that aim to improve access to leisure and entertainment opportunities for people with learning disabilities.

Mission

Club Soda’s mission is to create exciting social and creative music opportunities for people with learning disabilities. We are led by a vibrant and dedicated pool of artists, creatives and campaigners, who break boundaries and stereotypes to create a society where people with learning disabilities are happy, social, creative and valued. We support people to learn DJing and music-making and deliver popular live events which give a platform to our artists and opportunities for young people.

Gig Buddies Croydon is a project that matches adults with learning disabilities to volunteers who have similar interests, to go to events together that they both love. It began as a practical alternative to inflexible support, ensuring that people with learning disabilities don't miss out on a social life by enabling them to make new friends in their community. Gig Buddies is about empowering people, building friendships, and giving people choice in how they want to live their lives.

The Leisure Link Newsletter and Podcast provide extensive information about leisure, arts and sport related opportunities in Croydon and beyond. It is viewed as a key tool that can be used to give people the essential opportunities to be fully included in the Croydon community, doing things they really enjoy and that help their health and well-being.

16

CLUB SODA

Contents of the Financial Statements for the 12 Months Ended 31st March 2024

Financial Review

After making appropriate enquiries, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.

b. Reserves Policy

It is the policy of the charity to keep a minimum of £12,000 in reserves in case the charity is forced to close. This sum represents the grand total of 1 month’s salary for all staff working for the charity.

The total Income for the year was £170,883. Consisting of £10,142 Unrestricted and £160,741 Restricted..

The total Expenses for the year were £137,871

Structure, Governance and management

a. Constitution

The company registered as a Charitable Incorporated Organisation with registered charity number 1183211

b. Method of appointment or election of Trustees.

Apart from the first charity trustees, every trustee must be appointed for a term of 3 years by a resolution passed at a properly convened meeting of the charity trustees.

In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

c. Organisational Structure and decision making

The Chair of the board continues to successfully lead the company.

d. Risk Management

The Trustees have assessed the major risks to which the company is exposed, in particular those related to the operations and finances of the company and are satisfied that systems and procedures are in place to mitigate all exposure to the major risks.

17

CLUB SODA

Contents of the Financial Statements for the 12 Months Ended 31st March 2024

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Company law requires trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing the financial statements, the trustees are required to:

• state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

No Funds are held by a custodian Trustee

This report was approved by the Trustees on 30/06/2024 and signed on their behalf by

Chair____________

18

CLUB SODA

Contents of the Financial Statements for the 12 Months Ended 31st March 2024

Responsibilities and basis of report

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 examination of 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. the accounts do not accord with those records; or

  2. 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

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS102).

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

Jon Chartres 31 Moor Park Road, Hereford, England, HR4 0RR

19

Contents of the Financial Statements for the 12 Months Ended 31st March 2024

CLUB SODA

(Incorporating Income and Expenditure Account)

Note
Income from:
2
Other charitable trading activities
3
Investments
Total Income
Expenditure on:
Charitable activities
4,5,6
Total Expenditure
Transfers between funds
Net movement in funds
Fund balances at 31st March 2023
Fund balances at 31st March 2024		 Unrestricted
Restricted
Total
Total
Funds
Funds
2024
2023
£
£
£
£
4,957
160,741
165,698
168,619
5,185
-
5,185
4,872
-
-
-
-
10,142
160,741
170,884
173,491
0
(137,872)
(137,872)
(144,443)
0
(137,872)
(137,872)
(144,443)
10,142
22,869
33,011
29,048
-
-
-
-
10,142
22,869
33,011
29,048
13,361
47,567
60,928
31,880
23,503
70,436
93,939
60,928

All disclosures relate only to continuing operations.

There are no recognised gains or losses other than the net incoming resources for the year.

20

Contents of the Financial Statements for the 12 Months Ended 31st March 2024

CLUB SODA

Note
£
£
Cash in Bank
9
93,939
93,939
93,939
TOTAL ASSETS LESS CURRENT LIABILITIES
93,939
TOTAL NET ASSETS
93,939
Charity Funds
Restricted Funds
63,404
Unrestricted Funds
30,535
93,939
2024		 £
£
60,928
60,928
60,928
60,928
60,928
47,567
13,361
60,928
2023

For the year ended 31 March 2023 the charity was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of the accounts.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statement were approved by the Trustees and authorised for issue on and were signed on their behalf by:

Chair

21

CLUB SODA

Contents of the Financial Statements for the 12 Months Ended 31st March 2024

Note
£
£
Cash flows from operating activities
Cash generated from operations
33,011
33,011
Purchase of tangible fixed assets
-
-
-
Change in cash in the reporting period
33,011
Cash at the beginning of the reporting period
60,928
Cash at the end of the reporting period
93,939
2024		 £
£
29,048
29,048
-
-
29,048
31,880
60,928
2023

22

Contents of the Financial Statements for the 12 Months Ended 31st March 2024

CLUB SODA

1. ACCOUNTING POLICIES

Company information

Club Soda is a private company limited by guarantee incorporated in England and Wales.

1.1 Accounting convention

The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), published in January 2019. The Charitable Company is a public benefit entity for the purposes of FRS 102 and therefore the charity also prepared its financial statements in accordance with the 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 (The FRS 102 Charities SORP published in January 2019), the Companies Act 2006 and the Charities Act 2011.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.

The financial statements have been prepared on a going concern basis. .

The company has unrestricted net assets of £0, of which £159,000 has been designated. The directors consider that the company's reserves will be sufficient to cover deficits that may result from unanticipated costs of projects.

On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.

1.2 Income

All income is recognised once the company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

1.3 Expenditure

Support costs are those costs incurred directly in support of expenditure on the objects of the company and include project management carried out at Headquarters. Support costs are allocated on a percentage basis as detailed in note 7.

23

Contents of the Financial Statements for the 12 Months Ended 31st March 2024

CLUB SODA

ACCOUNTING POLICIES (continued)

Charitable activities and Governance costs are costs incurred on the company's educational operations, including support costs and costs relating to the governance of the company apportioned to charitable activities.

1.4 Interest Receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company; this is normally upon notification of the interest paid or payable by the Bank.

1.5 Debtors

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

1.6 Cash at Bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.7 Liabilities and provisions

Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation.

1.8 Financial instruments

The company only 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 with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

1.9 Pensions

The company operates a defined contribution pension scheme and the pension charge represents the amounts payable

24

CLUB SODA

Contents of the Financial Statements for the 12 Months Ended 31st March 2024

2. Income from donations and legacies

Grants Received- Restricted
Membership Fees
Total grants
Donations
Total donations and legacies
Total 2023		 Unrestricted
Restricted
Total
Total
funds
funds
funds
funds
2024
2024
2024
2023
£
£
£
£
151,656
151,656
165,075
2,038
2,038
2,074
153,693
-
153,693
167,149
-
-
1,470
153,693
-
153,693
168,619
3,544
165,075
168,619

25

CLUB SODA

Contents of the Financial Statements for the 12 Months Ended 31st March 2024

3. Income from other charitable trading activities
Other Trading Activities
Total 2023
4. Direct costs
Direct Expenses
Direct Wages
Equipment
Advertising and Marketing
5. Support costs
Audit & Accountancy Fees
General Expenses
Insurance
IT Software and Consulting
Payroll Costs
Pension Costs
Rent
Staff Training
Telephone & Internet
Travel- National
Venue Hire		 Unrestricted
Restricted
Total
Total
funds
funds
funds
funds
2024
2024
2024
2023
£
£
£
£
5,185
-
5,185
4,872
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
5,185
-
5,185
4,872
4,872
-
4,872
Total
Total
2024
2023
£
£
305
774
23,244
63,807
4,855
9,319
1,220
28,403
75,120
Total
Total
2024
2023
£
£
622
544
3,141
3,284
592
574
1,316
91,579
57,335
896
4,134
2,565
1,888
481
1,006
440
5,090
2,784
108,948
69,323

26

Contents of the Financial Statements for the 12 Months Ended 31st March 2024

CLUB SODA

6. Staff costs

Wages and salaries
Other pension costs
Contractor Costs		 2024
2023
£
£
115,346
121,142
896
116,242
121,142

The average number of persons employed by the company during the year was as follows:

Direct charitable work
Administration		 2024
2023
No.
No.
1
1
1
1
2
2

27

CLUB SODA

Contents of the Financial Statements for the 12 Months Ended 31st March 2024

Designated funds
Designated minimum reserve
Designated artistic reserve
General Funds
General funds
Total unrestricted funds
Restricted funds
Youth Music Soda Jam
CRF
Gig Buddies Croydon
Soda Beat (JP/Arnold Clark/Big Local)
ACE
City Bridge
Jack Petchey
Postcode Society
Ampify
Cocal Cola
CVA
National Lottery
Total restricted funds
Total of funds		 Balance at
Transfers
Balance at
01/04/2023
Income Expenditure
in/out
31/03/2024
£
£
£
£
£
-
-
-
12,000
12,000
-
-
-
-
-
-
-
-
12,000
12,000
13,360
10,143
(1)
(4,968)
18,535
13,360
10,143
(1)
(4,968)
18,535
13,360
10,143
(1)
7,032
30,535
22,947
4,060
(27,007)
0
668
(668)
(0)
-
(0)
(0)
25
40,855
(36,765)
4,115
104
10,220
(10,323)
1
13
2,390
(2,403)
(0)
6,364
(6,364)
(0)
2,835
2,835
10,000
(1,517)
8,483
500
(500)
-
17,448
89,881
(59,357)
47,972
47,567
160,741
(137,872)
(7,032)
63,404
60,927
170,884
(137,872)
-
93,939

28

CLUB SODA

Contents of the Financial Statements for the 12 Months Ended 31st March 2024

Designated funds
Designated minimum reserve
Designated artistic reserve
General Funds
General funds
Total unrestricted funds
Restricted funds
Youth Music Soda Jam
CRF
Gig Buddies Croydon
Soda Beat (JP/Arnold Clark/Big Local)
ACE
City Bridge
Jack Petchey
Postcode Society
Total restricted funds
Total of funds		 Balance at
Transfers
Balance at
01/04/2022
Income Expenditure
in/out
31/03/2023
£
£
£
£
£
-
-
-
-
-
-
-
-
-
-
-
-
-
8,845
6,322
(1,807)
-
13,360
8,845
6,322
(1,807)
-
13,360
8,845
6,322
(1,807)
13,360
22,938
21,036
(21,027)
-
22,947
96
2,896
(2,325)
-
668
0
73,719
(56,271)
-
17,448
(0)
-
(0)
27,807
(27,782)
-
25
10,585
(10,481)
-
104
7,316
(7,303)
-
13
23,810
(17,446)
-
6,364
23,035
167,168
(142,636)
-
47,567
31,880
173,490
(144,443)
-
60,927

Designated Minimum Reserve

The designated minimum reserve of £10,000 is to cover the costs of salaries and overheads for

29

CLUB SODA

Contents of the Financial Statements for the 12 Months Ended 31st March

Cash in hand
Total		 2024
2023
£
£
93,939
60,928
93,939
60,928

10. Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and at the balance sheet date amounts of £853 (2022: £379) were payable to the fund, which are included in creditors.

11. Liability of members

The company is limited by guarantee and the liability of members . At 31 March 2024 there are 8 members.

12. Prior year Statement of Financial Activities

Income from:
Donations & legacies
Other trading activities
Investments
Total Income
Expenditure on:
Charitable activities
Total Expenditure
Net Income
Transfers between funds
Net movement in funds
Fund balances at 31st March 2021
Fund balances at 31st March 2022		 Unrestricted
Restricted
Total
Total
Funds
Funds
2023
2022
£
£
£
£
3,544
165,075
168,619
105,770
-
-
-
-
4,872
-
4,872
1,545
-
-
-
-
8,416
165,075
173,491
107,315
-
(144,443)
(144,443)
(101,664)
-
(144,443)
(144,443)
(101,664)
8,416
20,632
29,048
5,651
-
-
-
-
8,416
20,632
29,048
5,651
-
31,880
31,880
26,229
8,416
52,512
60,928
31,880

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