## 



# 

## 

## 

## 



## 



## 

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## 

## 

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## 



## 

## 

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## 



## 

|2022|||||
|---|---|---|---|---|
||Note|Unrestricted|lnfrastructure/tegacy|Total|
|||Fund|Fund|2022|
|INCOME + ENDOWMENTS||f|c.|€|
|Donat¡onsandlegacies|3|749,384||749,384|
|Trading activities|4|1,5r8,645||7,518,645|
|Other lncome||34,236||34,236|
|Other lncome - lnsuranceClaim|7|3,263||3,263|
|lnvestment lncome|5|7!8,L49||178,L49|
|||2,423,676||2,423,676|
|CharitableActivities|||||
|Subscriptions|6|645,L42||64s,t42|
|Provisionofresidentialservices|6|7,203,227||7,203,221|
|Total Operat¡nglncome||70,272,040||I0,272,040|
|EXPENDITURE|||||
|Raising Funds|||||
|Tradingact¡vities|4|852,677||852,617|
|Fundraisingandpublicity||39,4r7||39,477|
|Investment managementfees||38,54s||38,545|
|Finance costs||137,770||!37,770|
|Financecostofpensionliability|15|3,600||3,600|
|Total costofraisingfunds||t,077,949||1,,07L,949|
|CharitableActivities|||||
|Provisionofmembership and residentialservices||7,721,58L||7,721,58L|
|TotalOperatingExpenditure|8|8,793,530||8,793,530|
|Net Operating lncome/(Expenditure)||7,478,5L0||7,478,5r0|
|Netlossoninvestmentassets|10|(1,016,596)||(1,016,s96)|
|Net lncome||46\,915||46r,9r4|
|TransferbetweenFunds|||||
|Actuarial gain on pension scheme|15|34,300||34,300|
|Grosstransfer between funds|t6|(496,308)|496,308||
|NetMovement inFunds||(s3)|496,308|496,2L4|
|Fundbalancesbroughtforward|||||
|LJanuary2022||L0,474,682|1,000,000|7\,474,682|
|Fundbalances carriedforwardat|||||
|31December2022|t7al|10,474,587|L,496,308|11,970,896|





## 

|2021|||||
|---|---|---|---|---|
||Note|Unrestr¡cted|lnfrastructure/Legacy|Total|
|||Fund|Fund|2021|
|INCOME+ ENDOWMENTS||ff||€|
|Donations and legacies|3|L89,691||189,691|
|HMRCFurlough Claims||477,204||477,204|
|Tradingactivities|4|760,255||760,2s5|
|Otherlncome||37,t74||37,t74|
|Otherlncome-lnsurance Claim|7||||
|lnvestment lncome|5|r28,262||r28,262|
|||1,592,586||1,592,586|
|Char¡tableActiv¡ties|||||
|Subscriptions|6|490,876||490,876|
|Provisionof residentialservices|6|3,736,920||3,736,920|
|Total Operating lncome||5,820,383||s,820,383|
|EXPENDITURE|||||
|Raising Funds|||||
|Trading activit¡es|4|441,273||44t,273|
|Fundraising andpublicity||29,980||29,980|
|lnvestment managementfees||46,990||46,990|
|Finance costs||63,726||63,726|
|Finance costof pensionliability|15|2,100||2,100|
|Totalcostof raising funds||584,069||584,069|
|CharitableActivities|||||
|Provisionof membership and residentialservices||5,467,850|46,208|5,5L4,058|
|Total Operating Expenditure|8|6,051,919|46,208|6,O98,r27|
|NetOperatintIncome/(Expenditure)||(23L,s37\|(46,208)|(277,74sl,|
|Netgainon ¡nvestmentassets|10|684,052||684,052|
|Net lncome||452,5t5|(45,208)|406,307|
|Transfer betweenFunds|||||
|Actuarialgaínon pension scheme|15|3,100||3,r.00|
|Grosstransfer between funds|16|92,534|(92,s34)||
|Net Movement inFunds||548,r49|(ß8,742l.|409,407|
|Fund balancesbroughtforward|||||
|LJanuary 2021||9,926,535|L,r38,742|]-L,065,276|
|Fund balancescarriedforward at|||||
|31December 2021|||||
||77h)|L0,474,682|1,000,000|11,474,682|





## 

||Notes|2022|202t|2022|202t|
|---|---|---|---|---|---|
|||r.|r.|f|f|
|Fixed Assets||||||
|Tangibleassets|9|4,547,268|4,80t,4!9|4,547,268|4,801,4L9|
|lnvestments|10|6,401,27]:|7,339,L57|6,4OL,269|7,339,L55|
|||10,948,539|t2,t40,576|10,948,537|12,1.40,574|
|CurrentAssets||||||
|Stocks|!!|64,539|64,183|86,276|72,2t0|
|Debtors|12|L96,726|277,t20|257,792|27L,817|
|Cashatbankand inhand||2,027,!74|L,244,834|2,552,329|L,64O,4t5|
|||2,288,439|1,586,137|2,896,396|1,984,442|
|Liabilities||||||
|Creditors:Amounts falling due<br>withinoneyear|13|(r,748,O6t1|(!,026,728)|(1,689,992)|(1,L05,096)|
|Net CurrentAssets||540,378|559,409|1.,206,404|879,346|
|TotalAssets lessCurrentLiabilities||rt,488,917|12,699,985|12,154,94L|13,019,920|
|Creditors:Amounts falling due||||||
|after more thanoneyear:|L4|(r5,244)|(1,325,038)|(!5,244)|(1,325,038)|
|Discretionarypension provision|15|(L68,800)|(220,200)|(168,800)|(220,20O)|
|NetAssets||]-L,304,873|L1,154,747|L1,970,897|1r,474,682|
|AccumulatedFunds||||||
|UnrestrictedFunds:||||||
|DesignatedRevaluationreserve|t6|98r,!62|2,157,946|981,t62|2,157,946|
|DesignatedFixedAsset reserve|t6|4,3t3,269|4,499,418|4,313,268|4,489,418|
|DesignatedlnfrastructureFund|t6|1,496,308|1,000,000|L,4g6,3Og|1,ooo,ooo|
|lncome and Expenditurereserve|16|4,514,135|3,507,383|5,1_80,1-59|3,827,318|
||17a)|t1,304,873|t!,L54,747|1L,97O,897|t1,474,682|






## 

||||2022|202L|
|---|---|---|---|---|
||||f|r.|
|Cashflow from operating activities|||||
|Netcashprovidedbyoperating activities|||2,945,896|7Ll,9t5|
|Cashflowsfrominvestingactivities|||||
|lnvestment income andinterestreceived|||tL8,t49|r28,262|
|Finance costs|||(L37,770)|(63,726)|
|(Decrease)/lncreaseincashheldbyinvestment manager|||22,232|(20L,628)|
|Proceedsfromdisposalof fixedassetinvestments|||t,Lgz,64t|2,062,t83|
|Acquisition of fixedassetinvestments|||(1,293,581)|(!,863,227l'|
|Paymentstoacquire tangible fixedassets|||(510,656)|(434,O07l'|
||||(608,985)|<br>(372,143',)|
|Cashflowsfrom financing activities|||||
|Loan repaid|||(1,425,000)|0|
|Netincrease in cashandcashequivalents|||9L1.,9r3|339,772|
|Cashandcashequivalentsatbeginningofyear|||t,640,475|1,300,643|
|Cashandcashequivalentsat endofyear|||_2,552,328_ _1,640,415||
|Reconciliationofnet incometonetcashflow from operating activities|||||
||||2022|2021|
||||r|f|
|NetMovement inFunds|||496,214|409,405|
|Adjustmentsfor:|||||
|Lessinvestment income|||(118,1-49)|(L28,262)|
|Addfinancecosts|||r37,770|63,726|
|Add depreciation anddisposalof tangible fixedassets|||764,807|775,3t1|
|AddLosson investmentassets|||1,016,596|(684,052)|
|SubtractPensionprovisionadjustment|||(51,400)|(2t,7OO')|
|lncrease in stocks|||(l_4,066)|14,592|
|Decrease indebtors|||L4,O25|(102,O87)|
|lncrease increditors|||884,894|559,945|
|DecreaseinLongTerm Creditors|||(r84,794l'|(174,962)|
|Netcashprovidedbyoperating activities|||2,945,896|7Ll,9L5|
|Analysisofchangesin net debt|||||
||AsattheLsTJanuary2022|CashFlow|Asat the 31stDecember2022||
|Cash|f.L,640,4r5|f911,913|Ê2,552,328||
|Loansfalling duewithinoneyear|(f300,ooo)|f300,000|f0||
|Loansfalling dueaftermore thanoneyear|(€1,125,000)|r1,L25,OOO|f0||





## 

## 

## 

## 



# 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

|DONATION'GIFTSANDLEGACIES||||
|---|---|---|---|
||Unrestricted|Restricted|2022|
||€|f|f|
|lndividual Donations|20,298||20,298|
|Legacy|498,308||498,308|
|GiftAidReclaim OnSubs&Donations|99,777||99,777|
|Servicenon-public funds|131,000||1_31,000|
||749,384||749,384|



## 

||Unrestricted|Restricted|2021.|
|---|---|---|---|
||f|f|f|
|lndividual Donations|24,282||24,282|
|Legacy|9,599||9,599|
|Gift AidReclaim OnSubs&Donations|86,977||86,977|
|Servicenon-public funds|68,832||68,832|
||189,691||189,691|





## 

## 

## 

|The UnionJackClubhasonewhollyowned subsidiary,The Unio<br>trading activityof theClub andgiftsitstaxableprofittotheCl<br>shown below:|nJack Club(Trading) Limited,which<br>ub. Asummaryoftheresultsofthe|operates the<br> subsidiaryis|
|---|---|---|
||2022|202t|
||f|€|
|Turnover|L,510,572|757,219|
|Costofsales|(84s,3291|76sl|
|Grossprofit|665,242|320,454|
|Ad ministrationexpenses|(7,288)|(4,508)|
|Operatingprofit|657,954|3]-5,946|
|Other income|8,073|3,037|
|ProfitonOrdinary Activities before taxation|666,O27|3l_8,982|
|Taxon ProfitonOrdinary Activities|||
|Retained earningsbroughtforward|318,982|173,722|
|GiftAid Distribution to TheUnionJackClub|(31"8,982)|(r73,722)|
|Retained earningscarriedforward|666,027|318,982|



## 

|INVESTMENTINCOME(allunrestricted for currentandpri|oryear)||
|---|---|---|
||2022|202t|
||f|f|
|SharesUKlisted|55,116|71.,597|
|Property PortfolioUKlisted|30,082|29,O94|
|SharesOverseaslisted|30,220|27 s00|
||tts,4t8|t28,tgt|
|UKbankdepositinterest|2,731|7L|
|Totalfor theGroup|LLg,L49|128,262|





## 

## 

|INCOM¡NGRESOURCESFROMCHARITABLE ACTIVITIES|f<br>2022||ç.<br>202L|
|---|---|---|---|
|Subscriptions|645,r42||490,876|
|Provisionof residentialservices||||
|Accommodation|4,867,234||2,442,959|
|Catering and barsales|2,335,987||1,293,962|
||7|:|4,227,796|



## 

||||||2022|202t|
|---|---|---|---|---|---|---|
||||||ç.|f|
||Otherlncome-lnsurance Claim||||3,263||
||||||3,263||
|8|EXPENDITURE||||||
||||Staff|||Total|
||||Costs<br>f|Other<br>€|Depreciation<br>f|2022<br>f|
|a)|EXPENDITUREoNRAISING FUNDS|2022|||||
||Tradingactivities|||852,677||852,617|
||Fundraising andpublicity|||39,477||39,4r7|
||Investmentmanagementfees|||38,545||38,545|
||Finance costs|||r37,770||t37,770|
||Finance costof pensionliability|||3,600||3,600|
|||||t,07t,949||L,O7L,949|
||EXPENDITUREONCHAR¡TABIE ACTIVITES||||||
||Provisionof membership and residentialservices||4,854,899|2,tO2,3rO|764,372|7,721,581|
||Total Operating Expenditure|||3,174,259|764,372|9,793,530|
||lncluding auditor remunerationoffI2,545|(202Lf9,485)|||||
||||Staff|||Total|
||||Costs<br>f|C<br>Other|f<br>Depreciation|202L<br>f|
|b)|EXPENDITURE ON RAISING FUNDS|202L|||||
||Trading activities|||44r,273||44r,273|
||Fundraising andpublicity|||29,980||29,980|
||lnvestmentmanagementfees|||46,990||46,990|
||Finance costs|||63,726||63,726|
||Finance costofpensionliability|||2,r00||2,700|
|||||584,069||584,069|
||EXPENDITURE ON CHARITABTE ACTIVITES||||||
||Provisionof membership and residentialservices||3,408,268|7,330,479 775,371||5,514,058|
||Total Operating Expenditure||3,409,269|r,914,548|775,3t1|6,098,127|





## 

## 

|Provisionof membership and residentialservices includes|supportcostsasfollows||
|---|---|---|
||2022|202t|
||f|f|
|Administration staffcosts|648,9L2|572,22t|
|Legalandother professional|164,049|132,363|
||812,960|704,584|



|d)|STAFFCOSTS|2022<br>I|202t<br>f|
|---|---|---|---|
||Wages and salaries|4,365,838|3,048,081|
||Pensioncontributions|102,434|92,500|
||Employer'sNational lnsurance Contributions|386,627|265,666|
||TerminationCosts||2,OzL|
||Clubstaffcosts|4,854,899|3,408,268|
|||2022|202t|
|||No.|No.|
||Thenumber of employees receiving emoluments of €60,000|||
||or morewasasfollows:|||
||€60,001-f70,000|4|t|
||f70,00L-f80,000|2|1|
||€80,001-f90,000<br>f130,001-Ê140,000|1|t|
|||7|3|



|During2022,theChief ExecutiveOfficer retiredandwas replaced, resulti<br>levelof emolument.|nginno individualbeing|onthehi|
|---|---|---|
||2022|2021|
|The averagemonthlynumber of employees during theyear|No.|No.|
|wasasfollows:|||
|ManagementandAdministration<br>unionJackclubstaff|Lt<br>147|8<br>L2O|
||L58|128|



## 



|||Charity|Charity|||
|---|---|---|---|---|---|
|9|TANGIBLEFIXEDASSETS|Freehold|Furniture,|||
|||landand|Fittings and|||
||Group and Charity|Buildings|Equipment||Total|
||Cost|ff|||f|
||AtL January2022|6,855,92t||5,407,597|12,263,519|
||Additions|-||510,656|510,656|
||Disposals|-||(4,346)|(4,346)|
||Removalof fully depreciatedassets|-||(453,444)|(453,444)|
||At31 December2O22|6,855,92L||5,460,464|12,316,385|
||Depreciation|||||
||AttJanuary2022|4,79O,tlL||2,67t,989|7,462,100|
||Chargefortheyear|190,177||574,195|764,372|
||Disposals|||(3,911)|(3,911)|
||Removal offullydepreciatedassets|||(453,444)|(453,444)|
||At31 December2O22|4,980,289||2,788,828|7,769,117|
||NetBookValue|||||
||At31 December2022|_1,8r5,633||2,67t,636|4,547,268|
||At31 December202t|2,065,910||735,609|4,80L,4L9|





## 

||NOTESTO THE FINANCIAL STA<br>FORTHE VEARENDED31|TEMENTS(continued)<br> DECEMBER2022||
|---|---|---|---|
|10|FIXED ASSETINVESTMENTS|2022|2021.|
|||f|f|
||Group|||
||lnvestments atmarketvalue:|||
||AlL January2022|7,L37,527|6,652,431|
||Additions|1,293,58t|1,963,227|
||Disposals|(1,L92,641)|(2,062,L83)|
||Net realisedgain/|loss )ondisposal<br>Net unrealised investmentgain/(loss)|(106,750)<br>(909,846)|16,858<br>667,L93|
|||6,221.,871|7,L37,527|
||Cashheldbyinvestment manager|L79,398|20]-,628|
||At 31December2022|_6,401,269_ _!,339,L55||
||lnvestmentscomprise|||
||UKequitiesandfunds|3,565,225|4,102,7L7|
||Overseasequities|2,656,645|3,034,810|
||Cashheld|r79,398|20L,628|
|||6,401.,2697,339,155||
||Historicalcostat31 December 2022|5,474,307|6,652,43L|
||Club|||
||Asabove|6,40L,269|7,339,155|
||lnvestmentin subsidiaryundertaking|2|2|
|||6,4OL,27L7,339,L57||



|LTSTOCKS|Charity||Group||
|---|---|---|---|---|
||2022|202t|2022|2021|
||f|f|f|f|
|Stocks- Cleaning/FineWines|L7,526|23,7L5|17,526|23,7L5|
|Shop|||21,737|8,027|
|Catering|12,639|t5,t2l|t2,639|t5,tzL|
|Bar|34,374|25,347|34,374|25,347|
||64,539|64,!83|86,276|72,210|





## 

## 

||2022|202t|2022|202L|
|---|---|---|---|---|
||f|î.|E|f|
|Tradedebtors|26,586|18,L75|87,652|36,417|
|Amounts owedbysubsidiary||23,545|||
|Other debtors|t,579|1,513|1,,579|1,513|
|Prepayments and accrued income|168,561|233,887|168,s61|233,887|
||196,726|277,r20|257,792|27t,8t7|



|13|CREDITORS:Amounts falling due|||||
|---|---|---|---|---|---|
||withinoneyear|Char¡ty||Group||
|||2022|202L|2022|202L|
|||f|E|f|E|
||Tradecreditors|178,364|160,037|L92,073|20L,t87|
||Amountowedtosubsidiary|1,47,8t0||||
||Other creditors|35,430|6,740|65,988|6,740|
||Other taxand social securitycreditors|430,100|229,292|470,332|264,401|
||Accruals|378,339|309,L51|383,582|31L,260|
||Deferredlncome|578,018|21,508|578,018|21,508|
||BarclaysBusiness Loan-Short Term||300,000||300,000|
|||L,748,06t|t,026,728|2|1,105,096|
|14|CREDITORS:Amounts falling due|Charity||Group||
||aftermoreoneyear|E<br>2022|2027<br>f|f<br>2022|202t<br>f|
||Deferredincome|15,244|200,038|L5,244|200,038|
||BarclaysBusiness Loan-LongTerm||1,r.25,000||i.,125,000|
|||!5,244|1,325,038|15,244|1,325,038|



## 

|Assumþt¡ons|2022|2021|2020|
|---|---|---|---|
|Discountrate|5.r%|L.7%|0.9%|
|Pension increases|3.s%|3.7%|3.0%|
|Lifeexpectancyfora65yearoldfemalepensioner|88.7|88.7|88.8|
|Lifeexpectancyfora65yearoldmalepensioner|86.1|86.1|86.3|





## 

## 

||2022|202L|
|---|---|---|
||r.|f|
|Grosspensionliability at start ofyear|(220,20O)|(241,900)|
|Pensions paid|20,700|20,700|
|Chargetofinance income|(3,600)|(2,100)|
|Actuarialgain/(loss)recognisedoutsidetheincomeandexpenditure account|34,300|3,100|
|Grosspension liabilityatyearend|(168,800)|(220,2OO)|



|Thefollowingamountsareincludedas(charges)/creditsto finance income underFRS102:|||
|---|---|---|
|lntereston grosspensionliability|(3,600)|(2,100)|
|Actuarialgain/(loss)recognisedoutsidetheincomeandexpenditureaccount|34,300|3,100|



## 



## 

|||lncomeand|FixedAsset|||
|---|---|---|---|---|---|
|||||lnfrastructure||
||Revaluation|Expenditure|Designated|/Legacy||
||Reserve|Reserve|Fund|Fund|Total|
||r.|f|f|f.|f|
|AtL January2022|2,157,946|3,827,3r8|4,489,4r8|L,000,000|LL,474,682|
|Surplus/(Deficit)for theyear||L,478,stL|||t,47g,stL|
|NetGainsand transfers|(L,L76,784)|370,638|(1-76,150)||(982,296l.|
|Utilisation of funds||(496,308)||496,308||
|At31December2022|_981,L62_|5,180,159|4,3t3,268|<br>1,496,308|_11,9ro,89?_|





## 

## 

|a)|2022||Income and|lnfrastructure|FixedAsset||
|---|---|---|---|---|---|---|
|||Revaluation|Expenditure|Legacy|Designated|2022|
|||Reserve|Reserve|Fund|Fund|Total|
|||f|Í.|f|ç.|f|
||Tangible fixedassets|234,000|||4,3r3,269|4,547,268|
||lnvestments|747,162|4,654,707|1,496,308||6,897,577|
||Net assets||710,096|||710,096|
||Creditors> One Year||(184,0441|||(184,044)|
|||__%I,162_|s,180,1591,496,308||_43ß,268_|___]L,W0,997|
|b)|202L||||||
||||Income and|External|FixedAsset||
|||Revaluation|Expenditure|Repair|Designated|202L|
|||Reserve|Reserve|Fund|Fund|Total|
|||f|f|f|€|f|
||Tangiblefixedassets|3L2,000|||4,489,4r8|4,807,4r9|
||lnvestments|L,845,946|4,493,209|1,000,000||7,339,155|
||Netassets||879,347|||879,347|
||Creditors> One Year||(1.,545,2381|||(1,545,238)|
|||2,157,9463,827,318|||_4,489,419|1,1,,474,682|



## 

## 

## 

##