REGISTERED COMPANY NUMBER: 11438595 (England and Wales) REGISTERED CHARITY NUMBER:
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022
FOR
SEVENOAKS HOCKEY CLUB LTD
Blue Rocket Accounting Accountants and Tax Advisers 8 Twisleton Court Priory Hill Dartford Kent DA1 2EN
SEVENOAKS HOCKEY CLUB LTD
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Statement of Financial Activities | 2 | ||
| Balance Sheet | 3 | to | 4 |
| Notes to the Financial Statements | 5 | to | 7 |
| Detailed Statement of Financial Activities | 8 |
SEVENOAKS HOCKEY CLUB LTD
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
INCORPORATION
The charitable company was incorporated on 28 June 2018.
OBJECTIVES AND ACTIVITIES
Objectives and aims
Sevenoaks Hockey Club is a leading hockey club in the Southeast with over 1000 members,19 senior teams and a coaching programme that trains 600 youngsters a week. The club is a credit to all of the 100 or more volunteers and helpers who give up their time to make it happen.
The Trustees confirm that they have regard to the guidance issued by the Charity Commission on public benefit.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity is controlled by its governing document, its memorandum and articles of association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006."
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
11438595 (England and Wales)
Registered Charity number
Registered office
2 Lakeview Stables Lower St Clere Kemsing Sevenoaks United Kingdom TN15 6NL
Trustees
Dr P R Barker Doctor Ms E Botes Lawyer Ms D Davies Marketing Consultant (resigned 20/9/2022) F Desmond Director Ms A Manuel Management Consultant J D Nelson Financial Consultant Ms J Nicholls Accountant (resigned 20/9/2022)
Company Secretary
Ms E J Ingram
Approved by order of the board of trustees on 30 March 2023 and signed on its behalf by:
Ms A Manuel - Trustee
Page 1
SEVENOAKS HOCKEY CLUB LTD
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 281,897 Other trading activities 2 32,154 Investment income 3 418 Total 314,469 EXPENDITURE ON Raising funds 4 332,135 NET INCOME/(EXPENDITURE) (17,666) TOTAL FUNDS CARRIED FORWARD (17,666) |
Restricted fund £ 2,356 - - 2,356 3,081 (725) (725) |
Total funds £ 284,253 32,154 418 316,825 335,216 (18,391) (18,391) |
|---|---|---|
The notes form part of these financial statements
Page 2
SEVENOAKS HOCKEY CLUB LTD
BALANCE SHEET
30 JUNE 2022
| Unrestricted | Restricted | Restricted | Total | ||
|---|---|---|---|---|---|
| fund | fund | funds | |||
| Notes | £ | £ | £ | ||
| CURRENT ASSETS | |||||
| Debtors | 8 | 26,332 | - | 26,332 | |
| Cash at bank | 122,776 | - | 122,776 | ||
| 149,108 | - | 149,108 | |||
| CREDITORS | |||||
| Amounts falling due within one year | 9 | (166,774) | (725) | (167,499) | |
| NET CURRENT ASSETS/(LIABILITIES) | (17,666) | (725) | (18,391) | ||
| TOTAL ASSETS LESS CURRENT LIABILITIES | (17,666) | (725) | (18,391) | ||
| NET ASSETS | (17,666) | (725) | (18,391) | ||
| FUNDS | 11 | ||||
| Unrestricted funds | (17,666) | ||||
| Restricted funds | (725) | ||||
| TOTAL FUNDS | (18,391) |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each 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 financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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SEVENOAKS HOCKEY CLUB LTD
BALANCE SHEET - continued
30 JUNE 2022
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 30 March 2023 and were signed on its behalf by:
A Manuel - Trustee
P R Barker - Trustee
J D Nelson - Trustee
J Nicholls - Trustee
E Botes - Trustee
D Davies - Trustee
F Desmond - Trustee
The notes form part of these financial statements
Page 4
SEVENOAKS HOCKEY CLUB LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
2. OTHER TRADING ACTIVITIES
| £ | |
|---|---|
| Fundraising events | 7,304 |
| Sponsorships | 24,850 |
| 32,154 | |
| INVESTMENT INCOME | |
| £ | |
| Deposit account interest | 418 |
3. INVESTMENT INCOME
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SEVENOAKS HOCKEY CLUB LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
4. RAISING FUNDS
| Raising donations and legacies Support costs Investment management costs Administrative expenses Aggregate amounts 5. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Auditors' remuneration for non audit work Hire of plant and machinery 6. TRUSTEES' REMUNERATION AND BENEFITS There were no trustees' remuneration or other benefits for the year ended 30 June 2022. Trustees' expenses There were no trustees' expenses paid for the year ended 30 June 2022. 7. STAFF COSTS The average monthly number of employees during the year was as follows: Average number of employees No employees received emoluments in excess of £60,000. 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Other debtors |
£ 22,217 |
£ 22,217 |
|
|---|---|---|---|
| £ 10,878 |
|||
| 335,216 | |||
| £ 2,372 7,750 |
|||
| 26,332 |
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SEVENOAKS HOCKEY CLUB LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Bank loans and overdrafts (see note 10) Trade creditors Other creditors Accruals and deferred income LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Bank overdrafts MOVEMENT IN FUNDS Unrestricted funds Unrestricted fund Restricted funds Restricted Fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds Unrestricted fund Restricted funds Restricted Fund TOTAL FUNDS |
Incoming resources £ 314,469 2,356 316,825 |
£ 725 18,925 140,318 7,531 167,499 £ 725 Net movement At in funds 30/6/22 £ £ (17,666) (17,666) (725) (725) (18,391) (18,391) Resources Movement expended in funds £ £ (332,135) (17,666) (3,081) (725) (335,216) (18,391) |
|---|---|---|
10. LOANS
11. MOVEMENT IN FUNDS
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2022.
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SEVENOAKS HOCKEY CLUB LTD
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2022
| INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Subscriptions Other trading activities Fundraising events Sponsorships Investment income Deposit account interest Total incoming resources EXPENDITURE Other trading activities Direct costs Investment management costs Administrative expenses Support costs Management Facilities Insurance Sundries Finance Bank charges Governance costs Auditors' remuneration for non audit work Total resources expended Net expenditure |
£ 23,830 4,741 255,682 284,253 7,304 24,850 32,154 418 316,825 302,121 10,878 7,750 250 1,038 9,038 10,807 2,372 335,216 (18,391) |
|---|---|
This page does not form part of the statutory financial statements
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