Charity Number: 211885
SURREY RIFLE ASSOCIATION
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
SURREY RIFLE ASSOCIATION
CLUB INFORMATION
| Chairman | D Crispin |
|---|---|
| Legal Trustees | JE Bellringer |
| P Chance | |
| D Crispin | |
| General Purpose Committee | J Binder Swash (appointed 4thMay 25) |
| D Crispin | |
| Mrs. D Curtis | |
| D Curtis | |
| A Lawson (appointed 4thMay 25) | |
| I Shaw | |
| J Underwood | |
| H Waldern (appointed 4thMay 25) | |
| Treasurer | T. Drysdale |
| Secretary | J Tapster (resigned 23.4.23) |
| Janine Wiltshire (appointed Nov 24) | |
| Independent Examiner | KW Steward Ltd |
| Bankers | Lloyds TSB Bank plc |
| 32 Commercial Way | |
| Woking | |
| Surrey | |
| GU21 1ER |
SURREY RIFLE ASSOCIATION
CLUB INFORMATION
| Chairman’s & Treasurer’s Report | 1 |
|---|---|
| Trustees’ Report | 2 |
| Independent Examiner’s Report | 3 |
| Income and Expenditure Account | 4 |
| Balance Sheet | 5 |
| Notes to the Accounts | 6 to 9 |
| Management Income and Expenditure Account | 10 |
SURREY RIFLE ASSOCIATION
CHAIRMAN’S & TREASURER’S REPORT FOR THE YEAR ENDED 31 OCTOBER 2025
The loss of £16,638 for the current year is a higher loss than the previous year. The loss reduced the Charity’s general reserve and Members are aware that some of these reserves will be applied towards maintenance of the clubhouse and improvements to the clubhouse and flat accommodation. This year, a Secretary was employed to perform a post that was originally performed for many, many years by a Committee member, Jon Tapster.
Revenue from subscriptions and lockers increased slightly in comparison to prior years, despite losing a couple of members in 2025.
The Bar made a profit again this year (£18,704) and Bar Income was 13% higher than the previous year. The Surrey Catering again proved very popular, both during Shooting Meetings and also for Team and formal private dinners. Catering Income increased by 23% to £94,787, mainly due to increased covers and a very small profit was made for the second year in a row. In April 2025, the GPC decided to award a small increase in the salaries of Ewelina & Piotr to reward them for their hard work and to encourage them to stay. Shooting activities made a larger loss this year, mainly due to less teams participating in competitions, increase in ammo costs and some targets having to be cancelled last minute and incurring large cancellation fees from NRA. Procedures have been put in place to avoid this large loss recurring next year.
The association’s Administrative Expenses were again higher this year. The Bookkeeper’s wage and Steward’s wages were increased in April 2025 and from November 2024 we have employed a Secretary. Establishment costs increased as the NRA now employ a different way of calculating services recharged to Clubhouses, which has resulted in a larger charge. In 2024, Repairs and renewals included the £9,000 cost of painting the roof and this year the largest charge was for the hire of two mobile fridge trucks during the Imperial & Smallbore meetings.
Within the Balance Sheet the stock levels held within the bar, kitchen and armoury were similar to last year and inventories remain at reasonable levels to ensure the continuing operation of services.
The value of debtors at year end was much lower than the previous year. Significant time and effort is spent following these up throughout the year. Amounts outstanding within creditors at year end are higher than the previous year and all creditors at the year end, due within the year, have now been settled subsequent to year end.
The cash balance within the bank has increased slightly this year, mainly due to the increase in creditors and the balances are considered sufficient for clubhouse maintenance and improvement projects required.
David Crispin – Chairman Dated:
Tom Drysdale – Treasurer Dated:
Page 1
SURREY RIFLE ASSOCIATION
TRUSTEES’ REPORT FOR THE YEAR ENDED 31 OCTOBER 2025
REVIEW OF THE SURREY RIFLE ASSOCIATION
The Trustees present their report and the financial statements of the charitable association, The Surrey Rifle Association. The names of the Trustees are shown on the contents page. All held office throughout the year.
CONSTITUTION AND OBJECTS
The Surrey Rifle Association is a registered charity whose objects are to advance the skill of marksmanship for its members.
REVIEW OF THE PERIOD AND FUTURE DEVELOPMENTS
During the period the Charity continued to provide facilities to its members in accordance with its charitable objectives.
RESERVES
The Trustees have reviewed the reserves of the Charity. This review encompassed the nature of the income and expenditure streams, the need to match variable income with fixed commitments and the nature of the reserves. The review concluded that to allow the Charity to be managed efficiently and to provide a buffer against interrupting ongoing commitments as well as ad hoc projects, a general reserve needs to be maintained. As at 31 October 2025 this reserve was a surplus of £87,616 This reserve will be used to cover specific capital improvement projects planned for 2026, as well as to cover unforeseen future maintenance and other commitments. This reserve has decreased from last year as a result of an operating loss generated from the club’s activities.
RISK MANAGEMENT
The Trustees have considered the risks facing the Charity and have taken steps to mitigate them.
STATEMENT OF TRUSTEES RESPONSIBILITIES
Law applicable to charities in England and Wales requires the Trustees of the Charity, to prepare financial statements for each financial period, which give a true and fair view of the Charity’s financial activities during the period and of its financial position at the end of the period. In preparing financial statements giving a true and fair view, the Trustees should follow best practice and:
-
a) Select suitable accounting policies and apply them consistently.
-
b) Make judgements and estimates that are reasonable and prudent.
-
c) State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements.
-
d) Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the Charity will continue in operation.
The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the Charity and which enable them to ascertain the financial position of the Charity and ensure that the financial statements comply with the Charities Act 2011. They are also responsible for the safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the committee on 26[th] April 2026 and signed on its behalf by:
David Crispin Chairman and Trustee
Page 2
SURREY RIFLE ASSOCIATION
INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 OCTOBER 2025
I report on the accounts of the Surrey Rifle Association for the twelve months ended 31 October 2025, which are set out on pages 4 to 10.
Respective responsibilities of trustees and examiner
As the Charity's trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144 of the Charities Act 2011 (the 2011 Act) does not apply, and that an independent examination is needed.
It is my responsibility to:
-
a) examine the accounts (under section 145 of the 2011 Act);
-
b) to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145 (5) (b)) of the 2011 Act;
-
c) to state whether particular matters have come to our attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a “true and fair view” and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to our attention:
-
a) which gives me reasonable cause to believe that in any material respect the requirements:
-
1) to keep accounting records in accordance with section 130 of the 2011 Act;
-
2) to prepare accounts which accord with the accounting records and to comply with the accounting requirement of the 2011 Act.
-
have not been met; or
-
b) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
KW Steward Ltd
Dated:
Page 3
SURREY RIFLE ASSOCIATION
INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2025
| Notes Income Administrative expenses Loss/ Surplus for the Period Retained Result for the Period |
2025 £ 72,635 (89,273) (16,638) (16,638) |
2024 £ 75,218 (85,703) |
|---|---|---|
| (10,485) | ||
| (10,485) |
Page 4
SURREY RIFLE ASSOCIATION
BALANCE SHEET AS AT 31 OCTOBER 2025
| Notes Fixed Assets Tangible Assets 2 Current Assets Stock Debtors and prepayments 3 Cash at bank and in hand 4 Creditors: Amounts Falling due within one year Creditors and accruals 5 Net Current Assets Total Assets Less Current Liabilities Long Term Liabilities 6 Capital and Reserves General Reserve b/f Income and Expenditure Account General Reserve c/f |
2025 £ £ 26,839 20,949 6,488 55,663 83,100 (16,695) 66,405 93,244 (5,628) 87,616 104,254 (16,638) 87,616 |
2024 £ £ 32,568 20,069 14,646 53,338 88,053 (10,739) 77,314 109,882 (5,628) 104,254 114,739 (10,485) 104,254 |
2024 £ £ 32,568 20,069 14,646 53,338 88,053 (10,739) 77,314 109,882 (5,628) 104,254 114,739 (10,485) 104,254 |
|---|---|---|---|
| 83,100 (16,695) |
88,053 (10,739) |
||
| 104,254 (16,638) |
114,739 (10,485) |
||
| 104,254 | |||
| 104,254 |
These accounts were approved by the Committee on 26[th] April 2026 and signed on its behalf by:
David Crispin (Chairman)
Tom Drysdale (Treasurer)
Page 5
SURREY RIFLE ASSOCIATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2025
1. Accounting Policies
Basis of Accounting
The Financial Statements have been prepared in accordance with applicable Accounting Standards under the historical cost convention.
Depreciation
Depreciation is calculated to write down the cost or valuation less estimated residual value of all tangible fixed assets by the reducing balance method over their expected useful lives. The rates and periods generally applicable are:
Leasehold properties - over period of lease Fixtures and fittings - 20%
Stocks
Stocks are stated at the lower of cost and net realisable value.
Leased Assets
Assets held under finance leases and hire purchase contracts are capitalised in the Balance Sheet and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the Income and Expenditure Account over the period of the lease.
All other leases are regarded as operating leases and the payments made under them are charged to the Income and Expenditure Account on a straight line basis over the lease term.
Page 6
SURREY RIFLE ASSOCIATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2025
2. Tangible Fixed Assets
| Short Leasehold Land and Buildings Cost £ At 31 October 2023 165,282 Additions Disposals 0 At 31 October 2024 165,282 Depreciation At 31 October 2023 136,292 Charge for the year Disposals 3,868 At 31 October 2024 140,160 Net Book Value at 31 October 2025 25,122 Net Book Value at 31 October 2024 28,990 3. Debtors Debtors Prepayments and accrued income 4. Cash at bank and in hand Current account Trustee investment account Cash floats & cash equivalents 5. Creditors: Amounts Falling Due Within One Year Taxes and social security Other Creditors |
Fixtures, Fittings and Motor Vehicles £ 177,757 177,757 174,179 1,861 176,040 1,717 3,578 2025 £ 3,410 3,078 6,488 34,366 12,861 8,436 55,663 2025 £ 0 16,695 16,695 |
Total | |
|---|---|---|---|
| £ 343,039 |
|||
| 343,039 | |||
| 310,471 5,729 |
|||
| 316,200 | |||
| 26,839 | |||
| 32,568 | |||
| 2024 12,367 2,279 |
|||
| 14,646 | |||
| 35,960 12,751 4,627 |
|||
| 53,338 | |||
| 2024 £ 0 10,739 |
|||
| 10,739 |
Page 7
SURREY RIFLE ASSOCIATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2025
6. Creditors: Amounts Falling Due After More Than One Year
| Loans from members | 2025 £ 5,628 5,628 |
2024 £ 5,628 |
|---|---|---|
| 5,628 |
7. Related Party Transactions
No committee member receives any form of payment in return for performing their duties as a member of the committee, however some committee members do invoice the Association for hours worked on certain tasks such as running the bar and repairs and maintenance projects. Rates charged by the committee members concerned have always been favourable compared with standard third party rates. In the opinion of the remainder of the committee (i.e. those not claiming for hours worked), it has always been less expensive, and therefore in the interests of the Association, to utilise the services of these committee members than to engage outside contractors.
Amounts claimed for labour by committee members and their immediate family during the year was as follows:
8.
| Bar Ammo Expenses Maintenance and upgrade projects Employees The average number of employees during the years was |
2025 £ 12,544 12,544 2025 4 |
2024 8,750 276 |
|---|---|---|
| 9,026 | ||
| 2024 4 |
Temporary Part Time staff were employed in the Bar and Catering Departments during busy periods.
| Total Employment costs Wages & Salaries Social Security Costs Other Pension Costs |
2025 2024 £ £ 104,793 88,781 0 0 2,241 2,174 107,034 90,955 |
|---|---|
Page 8
SURREY RIFLE ASSOCIATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2025
9. Other Expenses
| her Expenses | ||
|---|---|---|
| Independent examiner’s fee Legal Fees Sundry expenses |
2025 £ 375 375 |
2024 £ 375 |
| 375 |
Page 9