## **Treasurer’s Report for the 2021 Annual Accounts** The last two years have been challenging with things slowly returning to normal in 2022 for the Club. Due to lockdown, the Club was only open for 5 months (under restrictions) with grants and subscriptions making up 74% of our income the previous year. Another lockdown at the end of 2020 meant the Club could not reopen until March 2021. However, the Club received two further grants and a substantial donation from David Sprigg who gifted the Club his loan of £13,500 towards the new Clubhouse and Air Range. British Gas also erroneously ‘refunded’ the Club £5,459 which they finally sorted out so this income was repaid in 2021. Normally, subscriptions make up around half our income. The Junior Summer School operated in conjunction with the Target Shooting School was also very successful and generated around £1,000 income after deduction of running expenses, the profit being shared 50/50 between both organisations. **----- Start of picture text -----**
INCOME
B Gas payment
8%
Subscriptions
26%
Donations
21%
Coaching Courses
6%
BRC Lottery Fund
6%
Range fees and hire
1%
Grants Ammunition Sales
Other Income*
26% 5%
1%
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Consequently, the donations, grants and spurious British Gas payment increased our income by £36,390 to a total of £65,651 for 2021. If these sources are removed, then overall the Club is about £3,000 up on 2020 (after the £10,000 grant is also deducted). In terms of actual subscriptions (as opposed to financial year), most members renewed at the start of the year with a few deferring due to the need to shield. There was very little income from new members as coaching for probationers did not resume until September 2021, most of whom had paid their joining fees way back in late 2019/early 2020 and it takes a minimum of 3 months before full membership may be applied for and the balance paid. Subscriptions by Accounting Year **----- Start of picture text -----**
30000
25000
20000
15000
10000
5000
0
2017 2018 2019 2020 2021
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Subscriptions are shown for the accounting year but in reality, members start paying their fees in December for the following year. The next graph shows the actual subscriptions paid, i.e. by the year to which the subscriptions apply rather than when they were paid. Whilst this shows a drop, the situation for 2022 looks much better with around £16,000 already paid in subs and joining fees in the first six months. ## Actual Subscriptions **----- Start of picture text -----**
25000
20000
15000
10000
5000
0
2017 2018 2019 2020 2021
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Expenses are slightly reduced. We had to show the donated loan as a loan repayment in the accounts, but if this is removed, then the 2[nd] Expenses pie chart is a more accurate picture of the 2021 expenses. **----- Start of picture text -----**
Targets Utilities Ammunition Affiliation fees
Training Courses
2% 5% purchases 2%
5%
Rent & rates… 6%
Other BRC Lottery
Fund
expenditure
8%
2%
Maintenance
Loan
& repairs
repayments
10%
16%
Loan interest
2%
Loan donated
35%
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REAL EXPENDITURE
Ammunition
Utilities
purchases Affiliation fees
Targets 8%
9% 4%
4%
Training Courses
8%
BRC Lottery Fund
12%
Rent & rates
7%
Other
Insurance
expenditure
3%
2%
Marketing
1%
Maintenance &
repairs Loan repayments
15% Loan interest 24%
3%
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Here we see the loans make up 28% of expenditure with the good news being that we have only £23,600 outstanding to be repaid by 2025. BRC Lottery payments are higher as some of the 2020 payments were made in 2021 (mainly delayed cheques). The training course expense also covers the 50% share due to the Target Shooting School. Maintenance and repairs include just over £2,000 spent on the mower, repairs to target holders and smaller items such as hand sanitiser and weedkiller. To summarise, the end of year figures show income of £65,651 with expenditure of £38,302 so net receipts of £27,349 with cash funds of £45,749 (say £40,000 after removing the British Gas payment), so overall the financial position is good for 2021 and going forward. Bookham Rifle Club 217311 Receipts and payments accounts CC16a For the period from To 0110112021 3111212021 Section A Receipts and payments funds to the rnarost £ Restrlcted funds funds to r￿reSt £ Total funds Last year to rnarosl £ tothe r*•r•$t £ io th• nearest t A1 Recei Amtnunilion Sales 3,012 3.Q12 1,77B eIrt￿)n le 21 21 503 tk>natiQnS Ind. DEabilil Fund 13,976 13,976 Grants 16,955 16.9S5 1ri,ofyo Intère$t- Bank Gross 14 8RC Lotle Fund 3.889 2,704 Ran 2,304 Sub$c lions 17.169 17,169 t6,1)42 Sundrias 247 247 152 Other Income scra rrElal. fbal 654 6S4 32 Vk%ilor Fees 40 iitish Gas erroneous ment 5,A5 Sub total 00.162 651 3J,080 A2 Asset &lnvestment sales. rotsireceipts 6Q,IS2 5,489 S,651 35,Q80 A3 Payments AmrrKJll1t￿n put¢h8se5 2.265 2,265 1.e01 908 908 326 tSarik.& tar BRC Lotte Fund 3,0#3 3,053 1,5YJ ha88S elilion fees & iizes 20¢ Insurance 720 720 Loan re ts__..__..__... tY,400 10,JOJ Loan interest maintenan￿ & rÈ ai 3,730 &730 Merteti & webslte 193 Other ex endrture Ind. float 55 55 P3V,t &.-t8S 1.613 Socral events 25 Sundrie5 & refresh￿nts 100 fOD 1J8 Trainwi Courses 2,0S1 a90 ets 916 91$ 750 Sub total 98.302 302 25.124 CCXX R1 accounts ISSI 1410612022 A4 Asset and Investment purchases, etc. Totalpaymonts 3B.302 38.302 25.124 Net of receipts/(payments) A5 Transfers betw￿￿ funds 21,860 0.489 27,349 A6 Cash funds last year end Cash fund5 this year gnd 23,889 11,805 35,694 25,738 45.749 17,294 63,043 35,694 Section B Statement of assets and liabilities at the end of the period Rostrlcted funds . En(lowmeiit funds t¢+ Thèarési £ Cate ones DL>ta$ls funds tv ￿lre$t £ lo nfrar•st £ B1 Cashfunds th1￿oni Accounllsl 26.588 J.459 Reserve Account lincl. O5*ilily fufidsl 8.522 11,B35 BRC Lot19ry Acco￿1 10.001 CAsh noi banked (In¢1￿1￿ floall Totalcash fvnds 45,749 17,294 id￿j5￿1thr￿ un￿$t￿Cted funds io nèarest £ R•strlct•d fund5 Endowm•nt fund5 to nBar*st £ Detatls 82 Othor monetary ass8t$ F4Jnd its wldth &èsèt telL Details Ccffjt IoFllc*AII B3 Invtrstfflent assets FWNI towl¥¢h as¥et Currort valu• Detalls ArThnunilion sloch 3111212021 B4 Assets retainad for thé harty's own uso iknresincted 1,661 . Fund to wNch IlaNllty rélatsx Clubhouse Amrtht Ytheti d l(Vl(Thll 2022- 2025 Detallts BS Liabl11t￿S Loan lov￿r￿S new clutthovsÈ from fffrnl>ors- lo bg repaid over 5 year8 slartiry fthy 2016 and L￿9 ierm from 2021 10 2025 Erroneous refund Ittsm Snlish &8, r£paid 23.60 5,159 2D22 Signad by one or truslaè$ on beha￿ of all the trustees Sunatur8 Print Name Date of appioval CCXX ￿ accounts Issi 1410612022 22 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trustsesl members of Bookham Rrfle Club On accounts for the year ended 3111212021 Charlty no (If any) 217311 Set out on pages CC16a p8g88 1 & 2 I report to the trustees on my examination of the accounts of the above charity (Ihe Tw8t') for the year ended 3111212021. Respon31bllltles and As the charity trustees of the Trust, you are responsible for the preparation basls of report of the aC￿￿ntS in accordance with the requirements of the Chaiities Act 2011 (Yhe Act.). I report in respect of my examination of the Trust's accounts carTied out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have u)mpleted my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: acccunling records were not kept in accordance with section 130 of the Act or the accounts do not accoAI with the accounts'ng records Independont examinerf8 Statement I have no con￿M$ and have come across no other matters in connection wrth the examination to which attention should be drawn in order to enable proper understanding of the accounts to be reached. ' Please delete the words in the brad(ets rfthey do not apply. Signed: Date: 08106122 Name: JPK rFCA Relovant professional qualificationls) or body {rf any): Institute of Chartered Accountants in England and Wales Address: 9 Orchard Drive, Ashtead, Surrey lff212PD IER October 2018