**Charity Registration No. 1186074**
**Company Registration No. CE019389 (England and Wales)**
**ADWICK PARK COMMUNITY AND SPORTS ACADEMIES CIO TRUSTEES' REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023**
## **ADWICK PARK COMMUNITY AND SPORTS ACADEMIES CIO**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** Mr P Bishop L B Hogg M Burke J Muldowney Mr C Edwards **Charity number** 1186074 **Company number** CE019389 **Registered office** 32 Church Lane Adwick-Le-Street Doncaster DN6 7AQ **Independent examiner** Haigh Accountants Limited Grange Cottage Fulham Lane Womersley Doncaster DN6 9BW
## **ADWICK PARK COMMUNITY AND SPORTS ACADEMIES CIO**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1|
|Independent examiners' report|2|
|Statement of financial activities|3|
|Balance sheet|4|
|Notes to the accounts|5 - 6|
## **ADWICK PARK COMMUNITY AND SPORTS ACADEMIES CIO**
## **TRUSTEES' REPORT** _**FOR THE YEAR ENDED 31 MARCH 2023**_
The Trustees present their report and accounts for the year ended 31 March 2023.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's governing document, the Companies Act 2006 and the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005.
## **Structure, governance and management**
The charity is a CIO
The Trustees, who are also the directors for the purpose of company law, and who served during the year were: Mr P Bishop
L B Hogg M Burke J Muldowney S Denman (Resigned 31 October 2022) Mr C Edwards (Appointed 1 May 2023)
None of the Trustees has any beneficial interest in the company.
The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
## **Objectives and activities**
The charity's objects are to promote community participation in Adwick-Le-Street and the surrounding area by providing facilities for playing sports capable of promoting physical health and fitness, and to provide such facilities for the inhabitants of the area who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the objective of improving the conditions of life.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
charity should undertake.
During the year the charity has commenced fundraising activities and engaged professionals in order to assist with the construction of a sporting facility.
## **Achievements and performance**
The charity has successfully commenced fundraising activities.
## **Financial review**
The charity has raised £60,559 and carries forward funds of £56,962
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The Trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
On behalf of the board of Trustees
## **Mr P Bishop**
Trustee Dated: 20 December 2023
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## **ADWICK PARK COMMUNITY AND SPORTS ACADEMIES CIO**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF ADWICK PARK COMMUNITY AND SPORTS ACADEMIES CIO**
I report on the accounts of the charity for the year ended 31 March 2023, which are set out on pages 3 to 6.
## **Respective responsibilities of Trustees and examiner**
The Trustees, who are also the directors of Adwick Park Community and Sports Academies CIO for the purposes of company law, are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011, the 2011 Act, and that an independent examination is needed. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination being a qualified member of Certified Accountants.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- (i) examine the accounts under section 145 of the 2011 Act;
- (ii) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- (iii) to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
- (a) which gives me reasonable cause to believe that in any material respect the requirements:
- (i) to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- (ii) to prepare accounts which accord with the accounting records, comply with the accounting requirements of 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities;
- (b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Haigh Accountants Limited
Certified Accountants Grange Cottage Fulham Lane Womersley Doncaster DN6 9BW
Dated: 20 December 2023
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## **ADWICK PARK COMMUNITY AND SPORTS ACADEMIES CIO**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2023**_
|**Notes**
**Incoming resources from generated funds**
Incoming resources from charitable activities
**2**
**Resources expended**
**3**
Governance costs
**Total resources expended**
**Net income/(expenditure) for the year/**
**Net movement in funds**
Fund balances at 1 April 2022
**Fund balances at 31 March 2023**|**2023**
**£**
**458,071**
**4,193**
**4,193**
**453,878**
**51,365**
**505,243**|2022
£
-
5,596
5,596
(5,596)
56,961
51,365|
|---|---|---|
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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## **ADWICK PARK COMMUNITY AND SPORTS ACADEMIES CIO**
## **BALANCE SHEET**
## _**AS AT 31 MARCH 2023**_
|**Notes**
**Current assets**
Stocks
Debtors
**6**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**7**
**Total assets less current liabilities**
**Income funds**
Restricted funds
Unrestricted funds|**2023**
**£**
**267,020**
**-**
**238,703**
**505,723**
**(480)**|**£**
**505,243**
**505,243**
**-**
**505,243**|2022
£
-
2,000
49,665
51,665
(300)|£
51,365|
|---|---|---|---|---|
|||||51,365
-|
|||||51,365|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2023. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these accounts.
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the 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 accounts, so far as applicable to the company.
These accounts have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
The accounts were approved by the Board on 20 December 2023
Mr P Bishop L B Hogg **Trustee Trustee**
**Company Registration No. CE019389**
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## **ADWICK PARK COMMUNITY AND SPORTS ACADEMIES CIO**
## **NOTES TO THE ACCOUNTS**
## _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **1 Accounting policies**
## **1.1 Basis of preparation**
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005 and the Companies Act 2006.
## **1.2 Stock and work in progress**
## **2 Incoming resources from charitable activities**
|Match funding
**3**
**Total resources expended**
**Governance costs**
**4**
**Trustees**|**2023**
**£**
**458,071**
**2023**
**£**
**4,193**|2022
£
-|
|---|---|---|
|||2022
£
5,596|
||||
None of the Trustees (or any persons connected with them) received any remuneration during year or were reimbursed any expenses.
## **5 Employees**
||There were no employees during the year.|||
|---|---|---|---|
|**6**|**Debtors**|**2023**|2022|
|||**£**|£|
||Prepayments and accrued income|**-**|2,000|
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## **ADWICK PARK COMMUNITY AND SPORTS ACADEMIES CIO**
## **NOTES TO THE ACCOUNTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
|**7**|**Creditors: amounts falling due within one year**|**2023**|2022|
|---|---|---|---|
|||**£**|£|
||Accruals|**480**|300|
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