Trustees, annual report for the period CHARITY COMMISSION FOR ENGLAND AND WALES Period Start dale nllFJD Penod end date llFJFJ Charity name Chaflty No Objectives and Activities SORP reference Para 1.17 Sutnmary ol the purposes of the charity as set out in ils governing document Summaiy of the main activities in relation lo Ih05e puiposes loi the public benefit, in particular, the activitie5, projects or services identified in the accounts. Slalemenl conliiming whether Ihe Iruslees have had iegaid to the guidance issued by the Charity Cofflmission on public benefit Additional information (optional) You may choose lo include fuilher slatement5 where ielevanl about.. SORP reference Pala 1.38 rornv Paia 1.17 and 1.19 Paia 1.18 (/. ta tiqLe Qn Policy on giant making Policy on social investment including program related investment Contribution made by volunteers Paia 1.38 Para 1.38 Other Charity Accounts letnplates- Trustees. annual report for the ￿lod O(tobei 2016 2018 Achievements and Perfoimance SORP ieference Para 1.20 Summary ol the main achievements ol the charity, idenlilying the dillefence the chaiily s work has made to the circumstances of ils beneficiaries aF7d any wider benefits lo society as a whole. ¢rl Additional information (optional) You may choose lo include fuilher Slalements wheie relevant about-. SORP reference Paia 1.41 Achievements against objectives sel Performance of fundraising activities against objective5 set Paia 1.41 Inveslmenl peilormance against objectives Pa(a 1.41 Other Charily Accounts template5- Tru5tees' anTrual repoft loi the peri¢Jd October 2016 3018 Financial Review SORP referenie Para 1.21 Review of Ihe charity's financial position al the end ol the peiiod Statement explaining the policy lor holding reserves slating why they are held Amount ol reserves held /71415 c) 31 A 1. 2021. Para 1.22 Para 1.22 Rea50n5 for holding zero ieserves Para 1.22 Details ol fund maleiially in deficit nJ14 nj1 /v]I Para 1.24 Explanation of any uncerlainlies about the chaiily conlinuing as going concein Para 1.23 Additional information (optional) You may choose lo include further slalemenls where felevanl about_. SORP reference Para 1.47 The charity's principal sources 01 funds (including any fundraising) Investment policy and objectives including any social Inveslmenl policy adopted A description of the principal risks lacing the charity Other Para 1.46 Para 1.46 Charity Accounts templates- Tiustees. annual report for the pwiod. October 2016 4018 Stiucture, Goveinance and Management Description of charity's tIU5ts.' SORP refeience Pala 1.25 Type of governing document (Irust deed. royal chawler) How is the charity conslilutedp {e.g unincorporated a550cialion, CIO) Trustee selection methods including details of èny constitutional provisions e.g. election to post or name ol any person or body enlilled lo appoint one or more Iiuslees Pala 1.25 To Pala 1.25 Additional infoimation (optional) You may choose to include lurlher 51atement5 where felevanl about.. SORP refeience Para 1.51 Policies and piocedures adopted lor the induction and Iiaining ol Iruslees The chaiily's Ofganisalional structuie and any wider network with which the charity woiks Relationship with any related pailies Para 1.51 Para 1.51 Other Chaflty Accounts tetrtplates-TIustees' arsThual rewi fot the peric#J - October 2016 5 018 Reference and Administiative details Charity name Olher name the charity uses Regisleied chaiily number Charity's principal address 1117JSI FIÈ 2LJ/. Trustee name Names of the charity trustees who manage Ihe chafity offi￿ (if any) Oates acted il not lor whole yeèi Name of peison (or body) entitled to appoint tiustee {il any) 10 11 12 13 14 15 16 17 18 19 20 Charity Accounts template5- Tiusiees, annual rep￿1 lof the peri(Ml (iciobef 2016 6018 Refeience and Administrative details (cont) Corporate trustees - names of the directors at the date the report was approved Directoi name Name of tiustees holding title to pioperty belonging to the charity Trustee name Dates acted if not for whole yea( Charily Accounts leJnplates- T(￿stee5. annual ret)ort for ihe penod October 2016 7018 Funds held as Custodian trustees on behalf of otheis Oescripiion of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how Ihis falls within the CU51odian charity's objects Details ol arrangetnenls lor 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 adviser Name Address Name of chief executive or names of senioi staff mbers (Optional information) Exemptions from disclosure Reason for non-disclosure of key personnel elails Other optional infor ation Chaiity Accounts lemplates- Tru5tee< anTrual repoit lor the period?.. October 2016 8018 Oeclaiations The Iruslees declare that they have approved the trusiees, repoil above. Signed on behalf of the charity'5 trustees Signature(s) Full ttame{s) Position (eg Secretary, Chair, etc) Date Of Charbly Accounts templates- Trustees, annual rew>rt for ihe pèttod October 2016 ## **Bridgend Athletic Club Charity Number 1197582 Income and Expenditure Account 1 January 2022 – 31 December 2022** ## **Note** |**INCOME**|||| |---|---|---|---| |**Annual**: Subscriptions|(1)|21,162|| |Hire of facilities / grants||1,930|| |Marathon / track challenge||0|| |Bridgend County League
||1,419|| |**Unique**: Bridgend Town Council||2,000|| |: Welsh Athletics Ltd||1,454|| |||----------|| ||(1)
||**£27,965**| |**EXPENDITURE**|||| |Equipment||1,956|| |Bridgend tent||1,367|| |Coaching and education||1,451|| |Welsh Athletics registrations||3,765|| |Race fees, race costs and affiliations|
|677|| |Club merchandise||176|| |Facility and clubhouse running costs|||| |Electricity (No water rates paid )||
2,952|| |Ground lease etc.||500|| |Insurance||2,006|| |Maintenance / minor improvements||911|| |Administration||1,473|| |Architects fee for proposed new clubhouse||2,730|| |||---------|| |**Expenditure**|**(2)**||**£19,964**| ||||-----------| |**Surplus**
|**(3)**||**£ 8,001**| ||||------------| ## **Bridgend Athletic Club Charity Number 1197582 Summary of Cash Balances @ 31 December 2022** ## **Note** ## **CASH IN BANK @ 31 DECEMBER 2022** |Current Account (Balance transferred to Treasurers account)|Current Account (Balance transferred to Treasurers account)|£ 0| |---|---|---| |Membership Account||£51,137| |Track replacement account||£ 5,504| |Treasurers account||£ 4,839| |Ring fenced account||£10,000| |Cash not yet banked||£ 1,999| |||-----------| |**Total @ 31 December 2022**|**(4)**|**£73,479**| |||-----------| ## **Bridgend Athletic Club Charity Number 1197582 Notes to the Accounts for the year ending 31 December 2022** - 1 Total club income was £27,965 in 2022 compared to £24,397 in 2021. - 2 Annual expenditure was £19,964 in 2022 compared to £15,866 in 2021. - 3 There was a net surplus of £8,001 in 2022 compared to £8,531 in 2021. ## 4 **Bridgend Athletic Club was registered as charity on 19 January 2022** . For the purposes of the Charity Commission the accounts cover a period of 347 of the 365 days in 2022 from 19 January – 31 December 2022. The accounts and financial statements to be submitted to the Charity Commission will be based on an apportionment of the income and expenditure for 347 out of 365 days. |Income
£27,965 @ 347 / 365 days =|£26,586| |---|---| |Expenditure £19,964 @ 347/365 days =|£18,979| ||-----------| |Surplus for the period 19 January – 31 December 2022|| |£8,001 @ 347/365 days =|£ 7,607| ||-----------| The Balance Sheet assets of £73,479 are unchanged as the year end remains @ 31 December 2022. - 5 The cash balance @ 31 December 2022 includes a Bridgend Council grant of 2019 ring-fenced for a BCBC/WA Club Officer. ## **6 Consequently net club funds carried forward are just over £63,000 which is for future development of the clubhouse and track replacement.** - 7 In addition there is an arrangement with Welsh Athletics and Sport Wales that the remaining £10,000 of the Place for Sport Track grant (of £50,000, £40,000 already received) is being held until the lease for the track facility is signed with BCBC. Negotiations are ongoing to get the best long term deal for the club - 8 As the Rabbit Run bank accounts are not in the name of Bridgend Athletic Club they are excluded from the accounts. HUW ROBERTS FCMA 6 Alfreda Road Cardiff CF14 2EH 30 May 2023 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Report to the trusteesl members of On accounts for the year ended Independent Examiner's Report 4rH L£T I S i ￿- L Charity no (if any) Sgt out on pages Il'l 755 I report to the tN8tees my examination ofthe aco)unts of the above charity llhe T￿￿1") for the year ended 3 j I I Z ¢ Li Responsibilities and As the charrty trustees ofthe Tntst. you are resp)nsible for the preparation basis of report of the ac(x)unts in a(￿r￿a￿ with the requirements ofthe Charities Act 2011 lkne Act"). I report in respect ofmy examination ofthe TnJsYs accounts carried oul un(Jer section 145 of the 2011 Act and in calrying out my examination. I have followed the applicable DIr￿tionS grven ty the Charrty Commission under section 145(5)(b) of the Acr. I have completed my examination. I C4)nfirm that no matetral matters have come lo nry attention (other than that dtscfosed below.) in connection with the examtnation which gip4es me cause to believe that in, any material respect.. accountirKJ re¢￿dS vere not kept in ￿rdance wtth section 130 of the Act or the acuunts do ncrt accord ￿th the aC￿unting records Independent examinevs statement I have no concerns have CO￿ across no other matters in connection with the examination lo wh￿h attenlioll should be draw[7 in order lo enabie a proper understanding of the a¢￿UnIS to be reached. . Please delete the words in ihe brackets rfiheydo not 8ppIy. Signed: Name.. Date.. C-L Relwant professional quallficationls) or body lif any): Address: ,IE¢ IER October 2018 Section B Disclosure on￿ complete tF the examiner needs to highlight matters of ¢or*cern (see CC32, Independent examination of charity 8Gcounts.' directions an(1 guidance for examinpJs). Give here brief detslls ol any items that the examlnor wlshe3 to disclose. IER October 2018 CHARITY COMM1551014 FDF £14fjIANVAW WALt5 Receipts ènd payThnts accounts Forthè periorf trom To CC16d Se¢tion A Reteipt5 and payments tsrtogend Alhlèti¢ Club UnrpstiiEted fvnds R•stri¢te lunds to th* nearnsl £ to IhÈ neaTrst £ endowtnpTrt funds ¢0 the néarest £ Total funds Last ypar Charty NumbÈr 1197582 to the nearESt £ to th¢ ne&r8st £ Club sub5¢n IK>ns Hire of i evefti inra)me Grants 20.118 3.184 3.204 20.118 3.184 3.284 Stsb totsllfpross incoiFie lorAR} A2 Asset and InvÈstn*nt sale$ 26.586 26,586 b tO131 Totalwts 26.586 A3 Payw*¥ Equipment C08ching Wèlsh Athletu regBtratxJn Ra￿ fees and dub merthandise Clubhouse wnnin9 wsts 26.586 811 8,055 811 PrOfe￿onal lees b tst81 18.979 A4 Assot and lTrvestm•ni purth88•5. Isee tabl•l 18.979 Sub lotal Tolalp4yments 18.979 18.979 N8t ofTrceipt¥p8yments) AS TranslÈr¥ bets¥een funds A6 Casb funds last ytrarend Cash fvrtds this ytsrertd 7.607 7.607 65.872 73.479 65,872 73.479 ct¥X Rl 31A1¥12 Section B Stalement of assets and liabilitles ai the end of the period Cai•gori•s Unrestricted lunds to neaypsf £ 71.480 1,999 B1 Ca$h ffund8 Restricted fund5 tts ne4r88t £ ETrdowment ftsnds to nearoJt £ Cash ai bank Total cash fvnd$ (awee bala￿$ Wffjh rtrtipts and payments acwJn¢(¥)I 73.479 82 Other I￿netary a58•ts Oelai15 Unrestricled Rostrtcted Endowmènt fijhrfs Fund to which asset Cost (optlonall lon95 BJ knY4simeMaxs0ts Oetai15 Cuntnt valLre loptionall Fund to T*hi¢h ass￿ Cost loptl¢)nall belongs B4Asg•t• Details C￿￿eTht ¥al￿e loptlonal Funo to wthlth BSLknI*I (OP¢lonal) rlu• (Opknonall Deta41s rola￿5 s￿nature Prvil Date ef 8 C£XX R2￿￿￿￿1¥S)