# 

# 



## 

## 

## 

||||||||Page|
|---|---|---|---|---|---|---|---|
|Trustees'|annual<br>report||(incorporating||the|director's report)|1|
|Independent<br>examiner's|||report to the||trustees|||
|Statement|of financial|activities||(including||income and expenditure||
|account)||||||||
|Balance sheet||||||||
|Notes to|the financial|statements||||||





## 

## 

## 

## 

## 

|The trustees,|The trustees,|The trustees,|who are|who are|also the|directors<br>for the|purposes|purposes|of company|of company|law, present|law, present|their report and the unaudited|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|financial|statements|||of|the charity for the year ended|||30 April 2022 .||||||
|Reference||and administrative||||details||||||||
|Registered|||charity|name||The Medway|Badminton||Association||Limited|||
|Charity|registration|||number|||||||||1187897|
|Company||registration|||number||||||||01755572|
|Principal|offic and|||registered||Castlemaine|Hall|||||||
|offic||||||100Castlemaine||Avenue||||||
|||||||Gillingham||||||||
|||||||Kent||||||||
|||||||ME7 2QE||||||||
|The trustees||||||||||||||
|||||||P H Stephenson||||||||
|||||||C Spring||||||||
|||||||M J O'Keeffe||||(Resigned||14|December 2021)|
|||||||H T Athawes||||||||
|||||||VSYoung||||||||
|||||||KRogers||||||||
|||||||AJ Picariello||||||||
|||||||G T Struthers||||||||
|||||||N W Meinertzhagen-Wilson||||||||
|||||||SThompson||||(Appointed||11|December 2021)|
|Independent|||examiner|||J A Griggs FCA Levicks|||Chartered|Accountants||||
|||||||61 London Road||||||||
|||||||Maidstone||||||||
|||||||Kent||||||||
|||||||ME16 8TX||||||||





## 



## 



## 

## 

## 

## 

## 

## 



## 

## 

|YEAR ENDED 30AP|RIL 2|022|||||
|---|---|---|---|---|---|---|
|||||2022||2021|
|||||Unrestricted|||
|||||funds|Total funds|Total funds|
||||Note||||
|Income and endowments|||||||
|Donations<br>and legacies||||15,461|15,461|44,026|
|Charitable<br>activities||||52,320|52,320|9,442|
|Other trading<br>activities||||22,793|22,793|2,940|
|Investment<br>income||||1,001|1,001|1,092|
|Other income||||1,520|1,520|11,969|
|Total income||||93,095|93,095|69,469|
|Expenditure|||||||
|Expenditure<br>on raising funds:|||||||
|Costs ofother trading|activities||10|( 20,788)|( 20,788)|( 2,974)|
|Expenditure<br>on charitable|activities||11,12|( 66,496)|( 66,496)|( 46,454)|
|Taxation|||13|(94)|(94)|(232)|
|Total expenditure||||( 87,378)|( 87,378)|( 49,660)|
|Net gains on investments|||14|3,213|3,213|6,371|
|Net income and net movement||in funds||8,930|8,930|26,180|
|Reconciliation<br>offunds|||||||
|Total funds brought<br>forward||||207,732|207,732|181,552|
|Total funds carried forward||||216,662|216,662|207,732|





## 

## 

## 

|BALANCE SHEET<br>30April 2022||||||
|---|---|---|---|---|---|
|||2022|2021|||
||Note||E|||
|FIXEDASSETS||||||
|Tangible<br>fixed assets|19||179,241|181,093||
|CURRENT ASSETS||||||
|Stocks|20|6,436|5,397|||
|Debtors|21|1,735|2,817|||
|Investments|22|146,173|141,959|||
|Cash at bank and<br>in hand||23,385|18,250|||
|||177,729|168,423|||
|CREDITORS: amounts|falling due within|||||
|one year|23|5,563||4,591||
|NET CURRENT ASSETS|||172,166||163,832|
|TOTAL ASSETS LESS|CURRENT LIABILITIES||351,407||344,925|
|CREDITORS: amounts|falling due after|||||
|more than one year|24||( 134,745)||( 137,193)|
|NET ASSETS|||216,662||207,732|
|FUNDS OF THE CHARITY||||||
|Unrestricted<br>funds|||216,662|207,732||
|Total charity funds|28||216,662|207,732||





## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 



## 

## 

## 



## 

## 

||||Unrestricted|Total|Funds|Unrestricted<br>Total|Funds|
|---|---|---|---|---|---|---|---|
||||Funds||2022|Funds|2021|
|||||||f|F|
|DONATIONS||||||||
|Donations|||1,012|1,012||6<br>6||
|GRANTS||||||||
|Grants|receivable||14,449|14,449|44,020<br>44,020|||
||||15,461|15,461|44,026<br>44,026|||
|6.Charitable|activities|||||||
||||Unrestricted|Total|Funds|Unrestricted<br>Total|Funds|
||||Funds||2022|Funds|2021|
|Hall income|||52,320||52,320|9,442|9,442|
|7.Other trading||activities||||||
||||Unrestricted|Total|Funds|Unrestricted<br>Total|Funds|
||||Funds||2022|Funds|2021|
||||||||6|
|Bar income|||5,462||5,462|371|371|
|Kitchen|income||416||416|||
|Sports|shop income||16,915||16,915|2,563|2,563|
||||22,793||22,793|2,940|2,940|
|8.Investment|income|||||||
||||Unrestricted|Total|Funds|Unrestricted<br>Total|Funds|
||||Funds||2022|Funds|2021|
|Dividends|||512||512|453|453|
|Interest|receivable||489||489|639|639|
||||1,001||1,001|1,092|1,092|





## 

|9.Other income|||||||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2022|Funds|2021|
|||||||E||6|
|Advertising|||||367|367|||
|Job retention||scheme|grant||1,153|1,153|11,969|11,969|
||||||1,520|1,520|11,969|11,969|
|10.Costs ofother||trading|activities||||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2022|Funds|2021|
|||||||||E|
|Bar|||||3,536|3,536|703|703|
|Kitchen||||||111|||
|Sports shop|||||17,141|17,141|2,266|2,266|
||||||20,788|20,788|2,974|2,974|
|11.Expenditure|on charitable|||activities|by fund type||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2022|Funds|2021|
|||||||||6|
|Badminton|||||64,746|64,746|44,704|44,704|
|Support costs|||||1,750|1,750|1,750|1,750|
||||||66,496|66,496|46,454|46,454|
|12.Expenditure|on charitable|||activities|by activity type||||
||||||Activities||||
||||||undertaken||Total funds||
||||||directly|Support costs|2022|Total fund 2021|
|Badminton|||||64,746||64,746|44,704|
|Governance||costs||||1,750|1,750|1,750|
||||||64,746|1,750|66,496|46,454|
|13.Taxation|||||||||
|Major components||oftax|expense||||||
|||||||2022|2021||
|Current tax:|||||||||
|UK current tax expense||||||94|232||
|Taxation||||||94|232||
|14.Net gains on|investments||||||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2022|Funds|2021|
||||||6|||6|
|Gains/(losses)||on listed||investments|3,213|3213|6,371|6,371|





## 

|15.Net income|15.Net income|15.Net income|15.Net income|15.Net income|||
|---|---|---|---|---|---|---|
|Nei income is stated after charging/(crediting):|||||||
||||||2022|2021|
|||||||E|
|Depreciation<br>of|tangible<br>fixed assets||||6,005|5,632|
|16.Independent|examination|fees|||||
||||||2022|2021|
|Fees payable to|the independent|examiner||for:|||
|Independent<br>examination<br>ofthe||financial|statements||1,750|1,750|



## 

|||||2022|2021|
|---|---|---|---|---|---|
|||||6|E|
|Wages and salaries||||32,732|17,327|
|Employer|contributions|to pension|plans||329|
|||||32,732|17,656|



## 

|No other trustees<br>received<br>remune<br>19.Tangible fixed assets|ration<br>or expenses<br>during<br>the cu|rrent or previous|year.||
|---|---|---|---|---|
||Long leasehold|Plant and|Fixtures and||
||property|machinery|fittings|Total|
|Cost|||||
|At 1 May 2021|259,725|3,713|34,516|297,954|
|Additions|1,779|130|2,244|4,153|
|At 30April 2022|261,504|3,843|36,760|302,107|
|Depreciation|||||
|At 1 May 2021|85,314|1,503|30,044|116,861|
|Charge for the year|3,650|579|1,776|6,005|
|At 30April 2022|88,964|2,082|31,820|122,866|
|Carrying<br>amount|||||
|At 30April 2022|172,540|1,761|4,940|179,241|
|At 30 April 2021|174,411|2,210|4,472|181,093|





## 

|20.Stocks||||||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|Raw materials||and consumables||||6,436|5,397|
|21.Debtors||||||||
|||||||2022|2021|
|Other debtors||||||1,735|2,817|
|22. Investments||||||||
|||||||2022|2021|
||||||||E|
|Investments|at market||value|||75,684|71,959|
|Short-term<br>deposits||||||70,489|70,000|
|||||||146,173|141,959|
|23.Creditors:||amounts||falling due within|one year|||
|||||||2022|2021|
|||||||f||
|Accruals and|deferred||income|||5,237|4,358|
|Corporation<br>tax||||||326|233|
|||||||5,563|4,591|
|24.Creditors:||amounts||falling due after|more than one year|||
|||||||2022|2021|
|Accruals and|deferred||income|||134,745|137,193|
|25.Deferred|income|||||||
|||||||2022|2021|
||||||||E|
|At 1 May 2021||||||139,643|142,091|
|Amount<br>released to income||||||(2,449)|(2,449)|
|At 30April 2022||||||137,194|139,642|
|26.Pensions||and other||post retirement|benefits|||



## 

|The amounts<br>recogni|sed<br>in the financial<br>statements<br>for grants are|as follows:||
|---|---|---|---|
|||2022|2021|
|Recognised<br>in creditors:||||
|Deferred government|grants due within one year|2,449|2,449|
|Deferred government|grants due after more than one year|137,194|139,642|
|||139,643|142,091|





## 

|||||||||||Gains|and|At 30April|At 30April||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||At 1|May 2021||Income|Expenditure||losses|||2022||
||||||f||||f||||6||
|General funds|||||207,732||93,095||(87,378)|3,213<br>216,662|||||
|||||||||||Gains|and|At 30|April||
||||At 1||May 2020||Income|Expenditure||losses|||2021||
||||||f||6||f||f||E||
|General funds|||||181,552||69,469||(49,660)|6,371||207,732|||
|29.Analysis of net assets||||between funds|||||||||||
||||||||||||Unrestricted||Total|Funds|
|||||||||||||Funds||2022|
|Tangible|fixed assets||||||||||179,241||179,241||
|Current|assets||||||||||177,729||177,729||
|Creditors|less than||1|year||||||||(5,563)||(5,563)|
|Creditors|greater than|||1 year|||||||(134,745)||(134,745)||
|Net assets|||||||||||216,662||216,662||
|||||||||||Unrestricted|||Total|Funds|
|||||||||||||Funds||2021|
|||||||||||||E||E|
|Tangible|fixed assets||||||||||181,093||181,093||
|Current|assets||||||||||168,423||168,423||
|Creditors|less than||1|year||||||||(4,591)|(4,591)||
|Creditors|greater than|||1 year|||||||(137,193)||(137,193)||
|Net assets|||||||||||207,732||207,732||
|30.Financial|instruments||||||||||||||
|The carrying<br>amount for||each category offinancial|||||instrument|is|as follows:||||||
|||||||||||2022||2021|||
|Financial assets measured||||at|fair value|through|income|and|expenditure||||||
|BMO Managed|Growth|1|Fund|||||||75,684||71,959|||
|31.Operating|lease commitments||||||||||||||
|The total future|minimum||lease||payments|under non-cancellable|||operating|leases are as||follows:|||
|||||||||||2022||2021|||
|Not later than|1 year|||||||||1,400||1,400|||
|Later than<br>1 year and not|||later than 5 years|||||||5,600||5,600|||
|Later than 5 years||||||||||72,217||73,617|||
|||||||||||79,217||80,617|||



##