2021-12-31-accounts - Leighton Buzzard Athletic Club

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Objecti	ves and	Acti	viti	es
				SORP reference
Summary	ofthe purposes		of	Para 1.17	To promote community participation	in
the charity as set out		in its			healthy recreation within Leighton
governing	document				Buzzard and the surrounding area by
					providing facilities and events for
					athletics.
Summary activities	ofthe main in relation to those			Para 1.17and 1.18	The club holds a range ofweekly training sessions to improve athletic ability and
purposes	for the public				generalfitness.
benefit, in particular,		the
activities,	projects or	services			Opportunities are provided for members
identified	in the accounts.				to compete in competitions across a
					range ofathletics disciplines.
					The club organises the Leighton 10road
					race, which is popular with the local
					community, providing a challenging
					target for local runners to train for.
					The club welcomes all people, regardless
					ofability, background, faith, gender,
					sexuali or ersonal circumstances.
Statement	confirming			Para 1.18	The trustees have read and accept the
whether the trustees		have			guidance around public benefit, and
had regard to the guidance					ensure this is central to the objectives of
issued by	the Charity				the charity.
Commission on public
benefit

				SORP reference
Policy on	grant making
				Para 1.38
Policy on	social investment
including	program		related	Para 1.38
investment
Contribution		made	by
volunteers				Para 1.38
Other

Achiev	eme	nts	and Pe	rformance
				SORP rafaranca
					The past 12months have seen a
					significant increase in club membership.
					The club has 211members, made up	of
Summary ofthe main achievements ofthe charity,				Para 1.20	98juniors and 113seniors. Both areas have seen substantial increases with
identifying	the	difference the			senior membership alone up over 40'Ar on
charity's	work	has made to			the same time last year.
the circumstances			of its
beneficiaries and			any wider		Our popular Leighton 10road race
benefits to society as a					returned in September 2021,following	the
whole.					cancellation ofthe 2020 event due to
					COVID. There were 176finishers, which
					was down on previous years, however
					this trend was observed nationally as
					athletics events recommenced with a
					condensed calendar following the easing
					ofrestrictions.
					The club successfully hosted the hllilton
					Keynes leg ofthe UK Athletics Cross
					Challenge in November 2021,which sees
					over 1,000athletes across numerous	age
					groups participate. Itis a key event on
					the athletics calender and one we are
					roud to host

			Keynes leg ofthe Challenge in Novem over 1,000athletes groups participate. the athletics calend roud to host
Additional information	(optional)
You ma choose to include		further statements	where relevant about:
Achievements against
objectives set		Para 1.41
Performance offundraising
activities against objectives		Para 1.41
set
Investment performance
against objectives		Para 1.41
Other

Finan	c	ia	l Review	l Review	l Review	l Review
Review		of	the charity's					Para 1.21	During the period ended 31 December
financial		position at				the end			2021 the club generated asurplus of
ofthe period									payments over receipts of52,950,an
									improvement over 51,785the previous
									year, with the increase mainly attributable
									to the surplus from the Leighton 10road
									race which couldn't be held in 2020 due
									to COVID. The financial performance was
									particularly pleasing in light ofongoing
									challenges caused by COVID restrictions
									during the year.
									As at 31 December 2021 the club held
									cash reserves ofKt3,959,which exceeds
									the annual a ments with a ratio of1.3x.
Statement			explaining			the		Para 1.22	The club aims to hold unrestricted
policy for holding reserves									reserves equivalent to at least one year's
stating	why		they are			held			worth ofexpenses, to cover cashflow and
									any unanticipated expenditure.
									Additionally, the club regularly considers
									the need to build up restricted reserves
									to cover equipment maintenance or
									replacement, orto undertake any capital
									expenditure projects that could enhance
									the club's offering. At present, no
									restricted reserves are deemed
									necessa
Amount		of	reserves			held		Para 1.22	513959
Reasons		for		holding		zero		Pars 1.22	N/A —reserves held
reserves
Details	offund materially						in	Para 1.24	N/A —no deficit
deficit
Explanation				ofany				Para 1.23	None. The Trustees consider the charity
uncertainties				about the					to be a going concern.
charity	continuing				as a going
concern

Additional information	(optional)
You ma choose to include	further statements	where relevant	about:
The charity's principal
sources offunds (including	Para 1.47
any fundraising)
Investment policy and
objectives including any	Pars 1.46
social investment policy
adopted
A description ofthe principal risks facing the charity	Para 1.46
Other

Structure, Govern	ance	and llanag	ement
Description ofcharity's			None
trusts:
Type ofgoverning document		Para 1.25	Constitution ofa CIO			with voting
			members	other	than its chari		trustees
How is the charity		Para 1.25	CIO
constituted?
Trustee selection methods		Para 1.25	The club	members or		the charity trustees
including details ofany			may at any time		decide to appoint a new
constitutional provisions	e.g.		charity trustee, either			in place	ofa trustee
election to post or name	of		who has	retired,	oras an additional
any person or body entitled			trustee,	provided	that	the limit	on the
to appoint one or more			number	oftrustees would not			as a result
trustees			be exceeded.
			At every	annual	general meeting, one-
			third ofthe charity trustees shall retire
			from office, and		can seek rea		ointment.
Additional information	(optional)
You ma choose to include further statements			where relevant about:
Policies and procedures
adopted for the induction	and
training oftrustees
The charity's organisational structure and any wider		Para 1.51
network with which the
charity works
Relationship with any related parties		Para 1.51
Other

Charit	name	name			Lei hton	Buzzard Athletic Club	Buzzard Athletic Club
Other name		the charit		uses	N/A - none
Registered		charity	number		1193091
Charity's	principal		address		NIA- The	club does not	have its own HQ;	training	is
					provided	in public areas	and on a purpose	built facility
					on the land ofVandyke		Upper School in Leighton
					Buzzard.

	Trustee name	Office (ifany)
1	Richard Inchley	Chair
2	James Cusack
3	Nick Clay
	Roger Seldon	Treasurer
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~%Q	EHAEITT	EHAEITT	EHAEITT	Eoh)N)iggP	Eoh)N)iggP	Eoh)N)iggP	Eoh)N)iggP	Eoh)N)iggP		LEIGHTDN	BUZZARD ATHLETIC	BUZZARD ATHLETIC	CLUB			1193091
	FOR	ENGLANO			ANO WALE
I
										Receipts and payments					accounts			CC&6B
										Forthe period		12/01/21				31/12/21
										from
	'
~						~		.	~	~.
										Unrestricted funds		Restricted funds	Endowment funds			Total funds		Last year
										to the nearest	f	to the nearest 5	to the	naamat f		tothe nearest	f	to the nearest 5
A1 Receipts
Memberahi	lee income									s,oss						8,066
Race event	income									3,942
Social functions		e	enditura							1,585						1,585
Sub total(Gloss			income				forAR			13,623						13,623
2Asset and		investment					sales,
see table	.
					Sub tote/
				Total		receip				13623		-		-		43	623
A3Pa ments
/iiiiation fees										3,000						3,000
Race event	ex	enditure								2,762						2,762
Social functions		ex	enditure							1,647						1,647
Competition fees		and	transport							1,215						1,215
Medals and	en	raving									580						580
Equipment											748						748
anus hire											535						535
Other costs											186						186
						Sub		tota		18	?3					10
4Asset and		investment
purchases,	(see		table)
						Sub		tots
			Total paymen							0873		-		-		10
Net ofreceiptsf(payments																2950
A5 Transfers		between funds
Ae Cash funds last				year		end				11	009					11	009
Cash funds				this		year en				13959						13959

~		~		~	~	~	~	~	~ ~
					Unrestricted			Restricted		Endowment
	0? Iv 'ur			i.il 3		funds			funds	funds
					to	nearest	6	to nearest 5		to nearest 5
Bi Cash	funds			Current account			8,424
				Savings account			3,845
				Paypal account			1,690
				Total	cash funds	13,959
				(agree heiehcee with receipts ehd payments
					eceeutll(e))
					Unrestricted			Restricted		Endowment
						funds			funds	funds
				Details	to	nearest	5	to nearest 5		to nearest 5
B2Other	monetary assets
				Details	Fund towhich asset belongs			Cost (optional)		Current value (optional)
63Investment		assets
				Details	Fund to which asset belongs			Cost (optional)		(optional)
B4Assets retained for			the
charity's	own	use
					Fund to which			Amount due		When dus
				Dotal(8	liability relates				(optional)	(optional)
BSLiabilities
Notes to	the accounts			The Clo has not provided	any guarantees.
				The Cl0 has not entered	into any debt arrangamts	luring	the	period, and doss not have
				any debt outstanding
Signed by one or two trustees behalf ofag the trustees			on	Signature			Print Name			Date of approval
								R.A.	Seldon	02/10/22
								A.	)Piet(LC	o2 lb 2Z