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2021-06-30-accounts

Didsbury Toc H RFC Youth Development Fund

Chair’s Report 2021

Once again, due to the pandemic, it has been a disrupted year for Junior rugby and the YDF so there is not as much as usual to report.

Rugby training and matches for the Minis/Juniors was severely curtailed but once restrictions started to be lifted we had good numbers down for training and hope to run teams from U6 to U15including a girls U13 team.

Once again the YDF has been supporting the Club’s Junior Section in a variety of ways though with the season being disrupted our expenditure has again been less than normal.

As per usual we supported the Junior awards evening with medals etc. though this year it had to be again held as a virtual session due to the lockdown.

Other things we have contributed to are; Girls U13 kit, coaching courses, various items of equipment and kit for coaches. Incidentally any team kit we contribute to will now show the YDF as sponsors!

We will also be supporting a summer/start of season event for the Juniors

As previously mentioned we had agreed, in principle, to support the RFU in the funding of Community Rugby Officers in the Northwest. These individuals visit schools etc. to run information and training sessions in order to encourage youngsters to take up rugby. (With, hopefully, some new players coming to our club).

The RFU and other relevant organisations in the area have now come up with a workable plan and I am pleased to say that we have committed to help fund the scheme over the next 3 years.

YDF membership has reduced to 45 but thanks to the generous support of our members and some substantial donations our income for the year has again exceeded £4000, including Gift Aid. Once again huge thanks to ex-players, parents and all others who continue to financially support the YDF.

Numbers on our Ladies’ team are looking good for the new season and we have contributed to new kit for them.

The YDF will continue to support the Minis/Juniors and Ladies teams in whatever way is appropriate – let’s hope that the new season is more like a normal one!

On behalf of the YDF and The Club I would like to thank all the coaches, administrators, parents, helpers and supporters for their great efforts in giving us vibrant Minis/ Junior and Ladies’ sections.

I would also like to add my personal thanks to the YDF Committee members for their help and hard work over the last year.

Take care and thanks again for your support.

George Andrews

Hon. Chair, Didsbury Toc H Youth Development Fund.

September 2021

Didsbury Toc H Youth Development Fund

Profit and Loss

July 2020 - June 2021

TOTAL
JUL 2020 - JUN 2021 JUL 2019 - JUN 2020 (PY) CHANGE
Income
Gifts and Donations Income
Unrestricted 2,500.00 2,500.00
Total Gifts and Donations Income 2,500.00 2,500.00
IGA Gift Aida 100.00 100.00
Monthly Members
MGA Gift Aid 3,209.00 3,350.00 -141.00
MNGA Not Gift Aid 20.00 -20.00
Total Monthly Members 3,209.00 3,370.00 -161.00
Tax Refund 802.42 837.53 -35.11
Total Income £6,611.42 £4,207.53 £2,403.89
Cost of Sales
Club Development 2,392.06 300.00 2,092.06
Coach Development 280.00 280.00
Total Cost of Sales £2,672.06 £300.00 £2,372.06
GROSS PROFIT £3,939.36 £3,907.53 £31.83
Expenses
Quickbooks Subscription 138.00 108.00 30.00
Total Expenses £138.00 £108.00 £30.00
NET OPERATING INCOME £3,801.36 £3,799.53 £1.83
Other Income
Interest Income 1.79 9.46 -7.67
Other Income 0.18 0.18
Total Other Income £1.97 £9.46 £ -7.49
NET OTHER INCOME £1.97 £9.46 £ -7.49
NET INCOME £3,803.33 £3,808.99 £ -5.66

Accrual Basis Monday, 27 December 2021 05:11 pm GMT0

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Didsbury Toc H Youth Development Fund

Balance Sheet

As of June 30, 2021

TOTAL
AS OF JUN 30, 2021 AS OF JUN 30, 2020 (PY) CHANGE
Fixed Asset
Total Fixed Asset £0.00
Cash at bank and in hand
Current 3,925.22 7,615.59 -3,690.37
Deposit 12,858.12 5,856.33 7,001.79
Total Cash at bank and in hand £16,783.34 £13,471.92 £3,311.42
Debtors
Income Tax recoverable 802.55 208.14 594.41
Total Debtors £802.55 £208.14 £594.41
NET CURRENT ASSETS £17,585.89 £13,680.06 £3,905.83
Creditors: amounts falling due within one year
Trade Creditors
Accounts Payable 102.50 0.00 102.50
Total Trade Creditors £102.50 £0.00 £102.50
Total Creditors: amounts falling due within one year £102.50 £0.00 £102.50
NET CURRENT ASSETS (LIABILITIES) £17,483.39 £13,680.06 £3,803.33
TOTAL ASSETS LESS CURRENT LIABILITIES £17,483.39 £13,680.06 £3,803.33
TOTAL NET ASSETS (LIABILITIES) £17,483.39 £13,680.06 £3,803.33
Capital and Reserves
Retained Earnings 13,680.06 9,871.07 3,808.99
Profit for the year 3,803.33 3,808.99 -5.66
Total Capital and Reserves £17,483.39 £13,680.06 £3,803.33

Accrual Basis Monday, 27 December 2021 05:10 pm GMT0

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