Trustees, Annual Report for the perfod
Frorn Istjanuary to 31st Dttember 2024
Charlty name: Sulfy Bowb Faundallon
Charlty re8lstratlon numbw: 1184380
Objectlves and Actlvftles
Exclusively for the publlc benefft. the purpose of the charlty Is to promote partlclpatlon In
Indoor bowls and related actlvltles by resldents of Sully and the surroundlng area. As one of
the largest Indoor facllttles for playlng bowls In Wales, the charlty adopts whatever
measures are deemed necessary for the fvrtherance of the sport, Indudln8:
• Coachlng for be8lnners and experlenced players.
Provldlng facllltles for Internal league matches and casual ljowls play for people of all ages
and ablllty.
• Hostlng representatlve and frlendly matches wlth bowls dubs across Wales.
• Provldlng soclal amenftles for members of the communlty.
• Malntalnlng the fabric of the bulldlng so that tt remalns fft for purpose.
Ralslng funds vla grant appllcatlons and organtsatlon of fundralsln8 events.
By provldlng fadlkles to enable partldpatlon In physlcal and social actlvttle5, the trustees
have shown due regard to the Charlty Commlsslon's guldance on public benefft.
Volunteers play an Inte8ral role In the charltvs ablllty to fulfll Its obJectEves. We have a
dedlcated team of volunteers wlth a broad range of collectlve skllls, Indudln8 coachln&
bartendln& deanln& cookln& palntlng and decoratln8 and 8eneral repalrs and
malntenance. Thelr contrlbutlon mlnlmlses our costs and helps to keep prlces to
mlnlmum.
Achlevements and Perfonnance
The charlty offer5 a range of bowls-related actlvltles thmughout the year that resldents find
beneficlal In terms of malntalnln8 and lrnproving thelr phy51cal health and mental wellbeln8.
These actlvltles were of partlcular benefft durlng the Covld pandemlc, where pemiitted
actlvltles provlded some rellef from the sodal Isolatlon and physlcal Inactlvlty resultlng from
Governrnent restrlLtlon&
Flnandal Revlew
Total recelpts on unre5trlcted funds were £188.617.77. A total of £8,149.88 was re￿iVed in
grants. £1,001.17 was recelved as Interest and the remalnlng £179.466.72 came from
assodate member re8lstratlon fees and rlrbk fees.
Total outgolngs for the perlod amounted to £217,749.58. The bulk of our expendlture was
related to heatlng and118htlng bllls (£123,860.52) and rent payments to our landlord5, Barry
Plastlcs Sport and Leisure {£20,000.041. Followlng the end of a f￿ed utility contract In
October 2024, a new contract wlll see these costs reduced by approxlmately half durfn
2025. The remalnlng smaller Items of expendlture related to motor expenses, Insurance
premlurns, profe551onal fees. IT support, deanln8 and waste dlsposal. et¢. The net result for
the perlod was a deficlt of recelpts over payments of (£29,129SI).

Reserves pollcy
Our pollcy Is to malntaln a balance on unrestrlcted fund5 at least equal to slx months
antlclpated expendlture, whlch amounts approxlmately to £30,000.
£2000 Is retalned to fund ad hoc projects relatlng to the furtherance of the charftls
objettlves. The reserve balance of £32,000 is retained towards meetlng the cost of repalrs
and emergency sltuatlons as and when they occur. The prlnclpal rlsk golng forward ts the
poor condltlon of the stadlum roof and surroundlng dadd0￿ whlch has been deterloratln8
for at least five years.
Whlle responslblllty for roof and daddln8 repalrs rests wlth the landlords, Incomlng
ralnwaterthreatens the ongolng condltlon of the bowls carpet, whlth would have to be
replaced at slgnlficant cost to the charlty.
Structure, Govemance and Management
The organlsatlon Is a Charltable Incorporatsd Organlsatlon and was re8lstered as a tharlty
on iith July 2019. The charlty Is governed under a constltutlon descrlblng Its objects,
powers, flnandal pollcles, Ilabllltles, dutles of trustees. and method of dlssolutlon or wlndln8
Apart the flrst charlty triistees, every t￿￿tee must be appolnted for a term of three
years by a resolutlon passed at a properly convened meettn8 of the charfty trnstee& In
selectlng Indlvlduals for appolntment as tharlty trustees, the charltytrustees must have
regard to the skllls. knowledge and experfence needed for the effectlve admlnlstlation of
the or8anlsatlon.
Reference and Admlnlstratlve detalls
Sully Bowls Foundatlon Iworklng name Sulty Indoor Bowls Stadlum) Is sltuated on South
Road, Sully, In South Wales. The correspondence address and the charws prlnclpal address
Indoor Bowls Stadlurn,
South Road,
5ul]y,
Vale of Glamorgan,
CF64 SSP
The current trurtees are Mr Andy Cowell, Mr Shaun Gray and Mrs Kay Clarke. Thelr
correspondence address Is noted above.
Declaratlons
Sl8ned on behalf of the cbarirf8 trL*
Date Q_7-2S

CHARITY COMMISSION
FOR ENGIAND AND WALES
1184380
Recei
tsand
ments accounts
CC16a
For tho pwiod
Period start d¢ie
Period end fJ31e
0110112024
31M212024
Section A Receipts and payments
Unrestrl
Re5￿cts
d funds
Endowm
ont
fund•
Total
fund•
L••t yoar
fvnds
nMrn•t £
n••ro•t£
nMrn•t £
lo th• nwo•t £
A1 R•co1 ts
Incorneloale8
179,487
179A67
172,877
HMRC JRS l Furlough
Sport Coundl Wths
Blnk Inler•il
Grant Inrtsne
Bouncaba(* Lo•n
1,001
8,160
1,222
11fr3J
8.160
ross Income
IIK618
188,018
1N834
A2 As8•t and Inve8lm•nt sales, (80• table).
total
aaaz
188,618
188,618
186,834
A3 Payments

Rent
20,000
2.062
123,861
20,000
2.052
123.061
19.871
629
Rates
Heat & Ilghl
Motor Eynses l Fuel
W0￿RarI Uniform
86,781
593
900
1,109
1.516
13.224
565
2.675
4297
Postsge & Stationery
Telephon¢ l BB
R¢paifS & Renewa18
In$urdrKe
Professional fees
Bank charg9$
CleanSng I Wasle Qlsposal
1,185
1,367
10.10S
10.105
853
3.122
6,802
1165
4217
3.122
6,PA2
2,165
I lllll
Sokn Costs
Donation8
SubscriptionB
Adverti8ing
Paynjll ¥epAce8
Card Machlne Costs
HR Co$1$
Admln Costs
Dep￿latIon
Equipment Hire
Training Costs
Loss on Sale of As89t
4,217
3,095
70
498
311
37.674
37.674
33.000
1,522
1,992
1,992
1750
181,513
Sub total
217,748
217.748
A4 Asset and Investment
Laptop
Petanque Pistes
urchases,
see tablè
Sub total
217.748
81.513

Net ofrncelpts/(payments)
29.130
AS Transfers betwoen funds
A6 Cash funds last year end
Cash funds thls year end - 29,130
29,130
5.321
Section B Statement of assets and liabilities at the end of the period
Unre8trl
Rostrlct
od fund8
Endowmant
fund•
Categorles
Detalls
funds
to n••rn•t
to n•ar••t
to £
B1 Cash fund•
C8•h at Bat
Total cash fvnds
110,110
l•gr¥• b¥lpn¢g1 recelpts •nd
pbym4n¢• *￿Qu￿¢￿I}I
greemen
l Error
Unr••trl
ctsd
funds
to neamt
OK
Rmtrlct
•d fund•
OK
Endowm•nt
lund•
to noar••t
to nMrn•t£
Detalls
B2 othor monetary a8s0t8
Debtorn
8,147
7,387
Loan•
Fund to
whl¢h
Co•t
loptlonall
Currnnt valug
loptlon•l)
Detalls
b•long•

B3 Investment assets
Fund to
whleh
#8Set
belon
CoBt
loptlonall
Current valuo
loptlono11
Details
B4 Assets retained for the charity'8 own use
Fumilure and Fixlures
Unr8slri¢to
3.841
2,385
F*)undatH)n Equipment
Unieslricte
3,055
1,336
Fund to
whlch
Ilablllty
r•l•t••
Amount
duè
(op￿OnI1}
Wh•n du• lopilon•ll
Detalls
BS Liabilities
Accnjals
1,518
12,381
10.736
4.408
Creditors
Membership Cards
300 Club
Signed by one or ts¥o trustees on behalf of all the trustees
Signature
Print Name
Date of a
proval