2022-03-31-accounts - Bury Athletic Club

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Trustees’ Annual Report for the period

From 29[th] January 2021 To 31[st] March 2022

Charity name: Bury Athletic Club

Charity registration number: 1193322

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The object of the charity is: 1) The advancement of public participation in athletics as a sport 2) To provide recreational facilities and/or organise recreational activities, available to members of the public at large, with the object of improving the conditions of life. athletics is defined as the England Athletics recognised disciplines of track and field, road running, cross country, trail running, fell running, ultra-distance running and race walking.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	In furtherance of the above the charity shall: i) Provide a base for successful competitive athletics and to develop the full potential of each member; ii) Encourage enthusiastic coaches, officials, administrators and other helpers within the club and provide opportunities for qualification and experience; and Provide a base for those wishing to exercise as a recreational activity or to improve their health / physical fitness.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees of the charity have taken due regard to the guidance issued by the Charity Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference N/A Para 1.38 N/A Para 1.38 Para 1.38 N/A

Policy on grant making N/A Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers N/A Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Organisation Bury Athletic Club was registered as a charitable incorporated organisation on the 29thJanuary 2021. The pre-cursor unincorporated sports club was dissolved with the consent of the members and the club’s assets were transferred to the new CIO. Six trustees were appointed by members to assume responsibility for the operation of the CIO. At this time the club was emerging from the impact of the Covid 19 pandemic and started operating fully again. The club had historically established a not- for profit company, BAC Facilities Ltd, that employed the ground staff at the Market Street track and managed the hiring and upkeep of the facilities. This company was dissolved in October 2021 and the staff were transferred across to the CIO in line with TUPE regulations. The company’s assets were also transferred across to the CIO.

The CIO currently employs 4 members of ground staff, an administrator and a cleaner. All are employed on a part time basis. The CIO has also offered work experience to local students and works in conjunction with Bury College on this. Membership and affiliation In April 2021 the club introduced a new electronic membership system called Attendli. There were some initial teething problems but the system is now operating effectively and is used to collect the annual membership fee for the club and register attendance at training session and collect training fees. Membership during the year fluctuated between 340 and 370 members with an age range from 7 to 70. The club is affiliated to England Athletics and pays an annual affiliation fee. All of the club’s members are registered with England Athletics and the competitive members pay a registration fee which is collected as part of the club membership arrangements. For 2021/22 the registration fee was £15. The club is also affiliated to Northern Athletics and pays an annual affiliation fee to them which is based on the number of competitive members the club has. Again, this fee is collected as part of the club’s membership arrangements. This fee is currently set at £2 per athlete. The membership fees for the club (not including the registration/affiliation fees) for the year is £15 for junior/student members and £30 for senior members. The trustees set the membership fees to ensure that the club is inclusive. However, the club also operates a hardship system that allow the trustees to waive the membership fees and training fees of members who are facing significant financial hardship. Training and Competition The club’s organised training nights are each Tuesday and Thursday. Training commences at 6.30pm for the younger under 11 groups and the club closes at

about 8.30pm. Sessions are run under the
guidance of qualified and accredited
coaches and coaching assistants, together
with some support from helpers. All the
coaching team are volunteer and dedicate
countless hours in supporting their athletes.
Some coaches do hold additional sessions
which are open to all members in the
coaches age group. The following groups
operate as part of the club’s coaching
structure:
• Under 9s/Under 11s
• Under 13s
• Under 15s
• Under 17s sprints/hurdles/jumps
• Under 17s endurance
• Senior Endurance
• Senior Sprints
• Senior Development Group
The club offers a variety of competitive
opportunities for members and these are
delivered through local and national
leagues. They include:
• Red Rose Cross Country League
• South East Lancs Cross Country
League
• Greater Manchester Cross Country
Championships
• North of England Cross Country
Championships
• National Cross Country Championships
• Greater Manchester Road Relays
• North of England Road Relays
• Cheshire Track and Field League
• North of England Track and Field
League
• Youth Development Leagues (Lower
and Upper)
• Greater Manchester Track and Field
Championships
• North of England Track and Field
Championships
• National Track and Field
Championships
There are also a number of open meetings
that members can compete in, as well as a
large number of local road, trail and fell
running events. The senior section also
organise a Grand Prix programme that
sees members compete over a variety of
different surfaces and events to identify the
most competitive athletes in male and
female senior and masters categories.

Community and Charity Engagement The club works with a number of other groups to give them support and access to the Market Street facilities. This is done by way of hiring agreements. The various groups that use the facility include: • Action 4 Children • Wheels for All • Jigsaw • Bury College • Local Primary Schools • Local Secondary Schools • Other local athletics clubs • Lancashire Race Walking Club • Accessible Festival • Other ad hoc users The club estimates that over the year more than 5000 different users benefitted from the use of the facilities.

Additional information (optional) You may choose to include further statements where relevant about:

----- Start of picture text -----
Achievements against Para 1.41
objectives set
Performance of fundraising
activities against objectives Para 1.41
set
Investment performance Para 1.41
against objectives
Other
----- End of picture text -----

Financial Review

Review of the charity’s financial position at the end of the period	Para 1.21	The charity had £63,308 in the bank at the end of the period. This comprised of £14,804 in the current account and £48,504 in the savings account. The charity’s turnover for the period was £92, 412 and this included a donation of £20,133 from the preceding incorporated club when the club was wound up. It also included a donation of £38,394 from BAC Facilities Ltd as the commencement of transfer of the assets from that company to the new CIO took place. With a cost of goods sold by the CIO in the period amounting to £518, the gross profit for the charity was £91,894. The total administrative costs for the charity for the period was £25,565. This gave a total of profit for the charity of £66,329.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves were maintained by the charity so that it could make a financial contribution to the work to upgrade the facilities used by the charity. The land and facilities are owned by Bury Council and they, together with two major grant providers had undertaken to finance a project to resurface the track and jump facilities at the facility as well as upgrading the throwing facilities. The charity set aside reserves in the savings account to make a financial contribution to this work.
Amount of reserves held	Para 1.22	£48,504
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	The Trustees hold the view that the charity is a going concern.

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted

A description of the principal Para 1.46 risks facing the charity Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Elected by the members of the charity at the AGM

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other

Reference and Administrative details

Charity name	Bury Athletic Club
Other name the charity uses
Registered charity number
Charity’s principal address	Bury Athletic Club Market Street Track Market Street Bury Lancs BL9 9FX

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Mark Granby	Chair
Roger Morley	Vice-Chair/Treasurer
Helen Vaughan	Secretary
John Conroy
Byron Edwards
Emma Griffiths		29/01/21 to 21/09/21

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
	Mark Leo Granby
	Chair
	25/01/23
	25/01/23

Bury Athletic Club

1193322

Receipts and payments accounts

CC16

29/01/2021 31/03/2022 For the To period from

Section A Receipts and payments

payments
A1 Receipts	Unrestri cted funds to the nearest £ - - - - - - - - -	Restric ted funds to the nearest £ 38,394 20,133 1,693 985 10,892 8,265 10,521 247 948 335 - 92,413	Endow ment funds to the nearest £ - - - - - - - - -	Total funds to the nearest £ 38,394 20,133 1,693 985 10,892 8,265 10,521 247 948 335 - 92,413	Last year to the nearest £
BACFacilitiesDonation	-	38,394	-	38,394	-
Bury AC Donation (Old Club)	-	20,133	-	20,133	-
Membership Subscriptions and Cards	-	1,693	-	1,693	-
Event Income	-	985	-	985	-
Training Fees	-	10,892	-	10,892	-
Facility Hire	-	8,265	-	8,265	-
GrantIncome		10,521		10,521
Fundraising and Donations		247		247
Income Socials and Shop		948		948
Other Revenue	-	335	-	335	-
	-	-	-	-	-
*Sub total*(Gross income for AR)	-	92,413	-	92,413

A2 Asset and
investment sales,
(see table).
	-	-	-	-
	-	-	-	-	-
*Sub total*	-	-	-	-	-

*Total receipts*	-	92,413	-	92,413	-
A3 Payments
Salaries (inc National
Insurance cont)	-	8,299	-	8,299	-
Repairs and
Maintenance		7,588		7,588

Cleaning		1,499		1,499
General Expenses		662		662
Insurance	-	1,373	-	1,373	-
Professional fees	-	1,320	-	1,320	-
Equipment Depreciation	-	473	-	473	-
Petrol		144		144
IT Software and Consumables	-	468	-	468	-
Water Rates		22		22
Telephone and Internet		417		417
Commission - Stripe and Sum Up		444		444
EA Affiliation	-	135	-	135	-
Subscriptions		663		663
Entry Fees - Team and Individual		1,366		1,366
Trophies and Awards		569		569
Socials	-	122	-	122	-
Bank Fees	-	1	-	1	-
Cost of Goods Sold	-	518	-	518	-
*Sub total*	-	26,083	-	26,083	-

----- Start of picture text -----
A4 Asset and
investment
purchases, (see
table)
- - - -
- - - -
Sub total
- - - - -
Total payments - 26,083 - 26,083 -
Net of
receipts/(paymen
ts) - 66,330 - 66,330 -
A5 Transfers
between funds - - - - -
A6 Cash funds last
year end - - - -
Cash funds this
year end - 66,330 - 66,330 -
----- End of picture text -----

Section B Statement of assets and liabilities at the end of the period

Details Current Account Savings Account *Total cash funds* (agree balances with receipts and payments account(s)) Details Details Equipment Sports Equipment Details Creditors Signature	Unrestri cted funds Restri cted funds to nearest £ to nearest £ 14,804 - 48,504 - - - 63,308 - Agreeme nt Error Agreem ent Error Unrestri cted funds Restri cted funds to nearest £ to nearest £ - - - - - - Fund to which asset belongs Cost (optiona l) - - - - Fund to which liability relates Amount due (optiona l) 1,236 - - Print Name MARK LEO GRANBY	Endow ment funds to nearest £
Current Account		-
Savings Account		-
		-
		-
		OK
		Endow ment funds to nearest £
		-
		-
		-
		Current value (optional)
		-
Equipment		2,485
Sports Equipment		2,246
		-
		When due (optional)
Creditors



		Date of approval
	MARK LEO GRANBY	25/01/23

Profit and Loss

Bury Athletic Club For the year ended 31 March 2022

Profit and Loss Bury Athletic Club For the year ended 31 March 2022
	2022
Turnover
Annual subscriptions	1,097.00
BAC Facilities Donation	38,394.14
Bury Athletic Club Donation	20,132.79
Easy Fundraising	81.64
Event income	985.00
Givey - Donations	165.00
Grant income	10,521.00
Interest Income	0.16
Membership cards	370.00
Membership Fees	226.00
Other Revenue	334.81
Shop Sales	328.04
Socials Income	620.00
Training Fees	10,891.53
Use of facilities	8,265.00
Total Turnover	92,412.11
Cost of Sales
Cost of Goods Sold	518.00
Total Cost of Sales	518.00
Gross Profit	91,894.11
Administrative Costs
Bank Fees	1.25
Cleaning	1,498.75
Depreciation Expense	473.03
EA Levy	135.00
Employers National Insurance	362.23
General Expenses	662.17
Insurance	1,373.00
IT Software and Consumables	468.00
Petrol	144.35
Professional fees	1,320.00
Repairs & Maintenance	7,587.56
Salaries	7,936.77
Socials	121.99
Stripe Commission	424.62
Subscriptions	663.25
Sum Up Commision	19.27
Team & Individual Entry Fee	1,365.80
Telephone & Internet	417.04

Profit and Loss

Bury Athletic Club

Profit and Loss

	2022

Trophies & Awards	568.99
Water Rates	21.75
Total Administrative Costs	25,564.82
Operating Profit	66,329.29
Profit on Ordinary Activities Before Taxation	66,329.29
Profit after Taxation	66,329.29

Profit and Loss

Bury Athletic Club

(HARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl membors of Bury Athletic Club On accounts for the year ended Charity no (if any) 31 March 2022 1193322 Set out on pages (remember lo include thn t.& iJmber- DI ?ers-I'.Inpc41 skiP.f Iql I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination. I have followed all Ihe applicable Directions given by the Charity Commission under section 145(5)(bl of the Act. Independent I have completed my examination. I confirm Ihat no material matters have examiner's statement come to my attention in connection with Ihe examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordan wilh section 130 of the Charities Act., or the accounts did not accord with the accounting records. or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair, view which is not a matter considered as part of an independent examination. I have no COnrnS and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Slgned: Date: 25 January 2022 Name: Peter G Nicol Rèlevant professional qualification(s) or body {if any): FCA - Institule of Chartered Accountants in England and Wales Address: Tower House, 269 Walmersley Road, Bury BL9 6NX IER Oct 2018

Section B Disclosure Only complete if the examiner needs lo highlight material matters of concern (see CC32, IndependerFt examination of charity accounts: directions and guidance for examiners). Give hère brief details of any items that the examiner wishes to disclose. None IER Oct 2018