Charrty registration number 273021 AWMRC MANAGEMENT COMMIThEE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
AWMRC MANAGEMENT COMMirrEE LEGAL AND ADMINISTRATIVE INFORMATION Charity number 273021 Principal address Bridewell Lane Acle Norfolk England NR13 3RA Independent examlner Aston Shaw Ltd (Grèal Yamouthl 7 Church Plain Great Yamiouth Norfolk Engknd NR30 1 PL
AWMRC MANAGEMENT COMMirrEE CONTENTS Page Chairman's reFths Trustees. report Independent examinerfs report statement of finanrial actiwbe5 Balan sheet Notes to th8 financial staiements 8-15
AWMRC MANAGEMENT COMMirrEE Chairman's report FOR THE YEAR ENDED 31 DECEMBER 2023 Good evening everyone and wdfjolne to ourAGM for 2024 Unfortunalely. 2023 has not been as good a year has had been expected due to increasing costs in our utility bills, the main faGtoi iing gas and etectriLaty increases of 95% and water 4% on the pVIouS years prices. I will give a brief ovenriew of ourfinancial situation as at the 31st December 2023. Our Treasurèr will give a more detailed report later under TaSurS ReporL Our income for 2023 was £172.691.05 compared io 2022 of£155,730.85. Our current bank balan and COIF'S stands at £162.297.40. We are still in a healthy fin8nci81 position and well placed with active management to continue to meet our goals and provide a fantasti¢ community f8cility- We have agreed increases in rental fees, keeping it lo a level that supports our goal of provwling facilities arKI wellbeing opportunities to the community. This is mre important than ever by increas¢ng IBC rink fees by 33° rLxed for a number of years. We continue to upgrade the premises by installing a new more efficient gas ix>iler in the Buie, Yare and Changing Ro¢)ms and a new floor in the Yare Room. New flood lights on the Tennis Courts. Indoor BovAs continues to do extremely well wth rink fees up 2022 by £7.354.50. Membership indoor bowls underto)k 2 recruttmenl drives which resulted in recxuib.ng 57 new mernb8r5 this year, unfortunately a number ol members leave due lo age. illness or moving out of the region so this is an ongoing tssk and we are beholden to our coaches and administrators for the work Ihey do in this rId. A new venture lor this year is Ihe tntrodUcn of slreamirrtJ top bowls matthes at the dub via our YouTube Channel- Bowls TV which has had an amaing 175.1)00 vi%lors already. from all around the worfd. The bowls webcarn also recewes 10.000 hits per month and their own radto show on Saturday on Harbor Radio. We had 2 players qualify for the Worfd Championship at Potters. We have the following qualtfy for the Nab"onal Champtonship so far. one man in ihe singles. 4 in (he fours and ladies triples. We are Ihe only club in the region that is able to field 3 men's and 3 ladies teams in Ihe Norfolk County Leagues. Outdoor Bowls 2023 tumed out lo be anothw great year for the Glub and its members and Iwo eXptional matters to report. Claire Turner and Lauren Se1 won the National Ladies Pairs tille al Skegness and our Federation tr)wlers won the biggest competition in Norfolk. the Norfolk Club Championship beating the holders and National finalists Wootton Park in the final. We now present Norfolk in the Dutham Centenary Trophy next season with the winners going on to Skegness. Tw(i tremendous results. We also had 5 other member5 qU81ifwng for the National Fe(leratiw Finals in Skegne5s, and 1 tHefflber qualifying lor BObS England Finals at Leamington.
AWMRC MANAGEMENT COMMirrEE Chairman'5 report FOR THE YEAR ENDED 31 DECEMBER 2023 Tho dub also won th& subsidi Cup la mixed Federatm wrnpetitionl and thè ladiès won Tho Great YarM0h Federatiun League al Ladies Malta Cup and one pIe winrring Ihe Ladies Ber.evolent Triples. This year has been a ¢ifficult one Ic( ihe an9 fields Wilh the amcunb of rain ih8t we have had many foolball matched have had to be cancdled. due to beTng flooded in some inslances. Our cThcket tea¥ns have had É yÉry goed yèar. thè firsi team gaining prornoiion. The 2ntl & 3rtt teams both ivon their leagues and were also prcmnoteé. One of our Original junior tenr¥s playerg. Olivia Nichols, ha5 now esiabli5hed heell o Ihe inlematrjnal scene. plawng for Great Britaln and also in the gnd lams. includ9 Wifflbledon. I would like to aCknoed5e Ihe following for what they have done o¥er the Fast year.. The Parish Ctsun¢il lor Ih?ir suppryt fthanfially variws 106 grants thal has enabled the ¢trntrè lo ¢tInue io flourish. Thank you. I wauld Ilke lo thank all th¢ Trustees for h&p and $uFwt in thelr time to ensure that thè eentre conbnues lo run succe55ftJUy. DSane Fisher, Shane Tovell. Joemdous, ToneyAJlan, Dennis Fisher, Denis Goodly, Mick Nlunford, Sarah Cameron, J3ckn8 Clover, Barry Coveley. Torn Hillèr. Roy Himpleman, Jamie Pizey. and Flich#rd W¢¥tgg¢¢. Therp are a few morg peoF4e I would like to menliun give paitiGular thank5 fL their hard work:. Dennis Goodley and all his vdunteer stewar¢Js tor the¥ hard %Y)rk in the indoor bo1$. Thanks to our Carelaker Rick, the deanTh9 Staff. Vera arKI Leona. and our grwThJs man Shaun. And Tlnally, Ihanks to Debble our adrnlnlslraior ay5 has her ftnger on thè pulse and keèps evewhlng in order. Barry Brooks Ch3lrnian
AWMRC MANAGEMENT COMMirrEE TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Éruslees present their annual report and financial ststements for the year ended 310ecember 2023. The financial statements have been prepared in accordance the 8c£ounting polTrci85 set out rn note 1 to the rinancial statements and comply with the charitls goveming document. Ihe Charitses Act 2011 and -Aecounting and Reporting by Charities.. Statement of Recommended Practi applicable to charities preparing their accounts in accordance with the Financral Reporting Standard appliCae in the UK and Republic of Ireland IFRS 1021" (effective October 20191. Objectives and actNitses The charity's objects are to provide Tral. re(xeabon and sp(xling facilities for the parishes of A¢Se and imme(liaté vicinity. The trustees confirm that they have referred to the Charity Commission's guidance on public benefit when viewng the Trust's aims and objectives and in pLqnning future activib"es. Achi8vernents and rfOrnIanCe Charltable activitles The trustees have replad the original boiler that heats the Bure.Yare and thanging flK)ms wth a MO efficient boiler, whi¢h will hopefully reduce our heabng expendiiure in this area. We have also had a new Ik)or laKJ in the Yare room. The remainder of the tennis court floodlights have now been Upgrad to new LED floodlights and lour electric vehicle charging kxiinls have been installed on the car park in conjunction vAth Norfolk County Counryl. Financial review There was a defiut of expenditure over in(xJme in the year of £52.926 as Sho on page 6. At 31 December 2023 Ihere were bank balances totalling £162.461. Reserves policy Wè aim to keep thè equivalent ol three rnonths expenditure available in our bank account. In zddition we have certain unrestricied Chanties Official Investment Fund ICOIF} accounts where funds are kept fot speafic itèms of expenditure that occur on a regular basis for upgrading etc. The main ones a for the All Weather pitch and the Indoor Bowls centre. There is also a general fvnd for the Recreats"on Centre as a whole lo cover items of emergency expenditure should they occur.
AWMRC MANAGEMENT COMMirrEE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 structurn. gov*rnanc• and manag&m•nt Trustees The tru51ees who Served during the year anil up lo the dale ol s9nature of IhE firsawal slalemenls weffj.. J Plzey (Acle Parish Council Repwentativel S Tovell (Village Parish RepsentatiVe. Treasurer) D Goodlay (Adè Parish Ctsunul Rresentat[VeI J douS (Acle Parish Council Repyesenlalivel J Clover IAGle Parish Counril Repre5entalivel R Westgate (Ade RangEf5 RÈpresErrtÈlrrfe) M Munlord (Vice Chwrman-Acle Cricket Club Repr8sentalivel RB Himpleman ISI Edmtjtmls O¥ldoor Repre5enlativel D Fisher ISecreiary- Acle Parish Counal Rewesènlativel T Hiller (Acle Padsh C¢undl RepresenlatNel B Covel6y IAd& P6ri9h Countil Repr&senlativel l Nicholls (Acle Tennis Club Representative) DC Fisher (Acre Parish Council Represen¥) B Brooks IChalman-Acle Indoor Bowls Repres¢nloliv¢l S Cameron IA¢le Parish Council RepreSenlIVe) P Woollasloil (Acle Uniied Ftr)tball Clubl Tony Alart IAde Tennis Club) IRe5¥Jne¢J 21 Felyuary 20231 (Appolnted 28 Mareh 20231 Ggvèrnlng dorument Trust deed made by Acle Padsh Council dalgd 1st November 1976 as amended by deed daled 17th Marth 2015. Recrultmerst and appolntment ol new tru51ewJ Thè Trust8es have the ptswer to rÈrJuit and appoint new tnjstees. subjecl to the teffl set down in the Trusl Deed. The Irustees'Jeport was apwoved by the Board ofTru51ees and signed its behall by. B Brooks {GhairTran-Ack8 Indoor Bo5 Repre5eniativel Tru51ee Data..
AWMRC MANAGEMENT COMMIThEE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OFAWMRC MANAGEMENT COMMirrEE I report to the trustees on my examinats.on ol the financial ststements of AWMRC Management Committee (the harityl for the yèar ended 31 Decemb8r 2023. Responsibilities and basis of report As the trustees of the charity you are responsible for Ihe preparth.on of Ihè fina31 statements in accordance with the requirements of the CharibesAct 2011 IthÈ 2011 Act}. l lep in respect of my examination of the charity's financaal statements carried out under $tiOn 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under seclion 14515llbl of the 2011 Act. Independent examiner's statement Your allenlion is drawn lo the fact that the charity has prepared finanaal slalements in accordance with A¢wunting and Reporting by Charities preparing their accovnls in accor¢Jance with the Financial Reporting Standard applicable in the UK and Republic of Iland IFRS 1021 in prefence lo the Accountirvj and Rewrting by Charities.. Statement of Recomrnended Practice issued on 1 April 2005 which is referred to in the extant regulations bul has now been thdrawn. l understand that this has been done in order for finanryal statements to provide a true and fair view in ao¢ordan¢e with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 J8nuary 2015_ I have completed rny examinab"on. I confirm that tnattet5 have come to my attention in connection with the examination giving me cause to believe that in any malerial respect- accounting records We not kept in respect ol the charity as required by section 130 of the 2011 Act., or the financial statements do nol accord th those records.. or the financial sialements do not comply wilh the applicable requirements Ca)nMIng the form and content of accounts set out in the Charities IAccounts and Reports} Regulabons 2008 other than any reqtjirement that the accounts give a true and lair view which is not a matter considered as part of an independent exarninab'on. I have no concerns and have come across no olher maiters in connection with the examination to which attention should be drawn in this port in order to enable a proper understsnding of Ihe financial statements to be reached. Aston Shaw Ltd (Great Yarniouth) Sotos Chrlstophl FCCA 7 Church Plain Great Yarmoulh Norfolk NR30 1PL England Dated..
AWMRC MANAGEMENT COMMirrEE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestricted Unrestricted funds funds 2023 2022 Notes Income from: Donations and legaries Charitable activities Investment income 100 166.382 6.209 22,830 154,968 1.950 Total income 172,691 179,748 enditure on: Charitable activib'es and depwafion 184,030 166,36S Support cosis 41.587 40.428 Total Te$our¢e$ expended 225,617 206,793 N•t expenditure for the yearl Net movement in funds 152,9261 127.0451 Fund balances at 1 January 2023 713.168 740,212 General fund All weather pitch sinking fund Indoor bowling club sinking fijnd Playground fund 619,226 54,594 38.262 1.085 649,984 52,436 36. 750 1,043 Fund balances at 31 December 2023 660,241 713,168
AWMRC MANAGEMENT COMMIThEE BALANCE SHEET ASAT31 DECEMBER 2023 2022 2022 Not•s Flxed assets Tangible assèts 10 521.970 541,392 Current assets Debtors Cash al bank and in hand 11 10.540 162,481 7.908 192.222 173,001 200.230 Crediiors.. amounts falllng due wlthln one year 12 129.IU5) 120.954) Net current asse15 143.896 179,276 Totsl assets Ioss current Ilabllltlg$ 665.866 720.£68 Credltors: amounts falllng due after more than Dne year 13 15.6251 (7.$001 Net assets 660,241 713.168 Income funds Unrestricted funds 14 660.241 713,168 660.241 713,168 660.241 713,168 The financial statements were approved by the Board of Trustees and authorised fo¥ issue M ...........,.............and wei6 signed on b all by. B 8rooks IChalmi¥n. A¢1¢ Indoor 80S Rewesentstive) Trustee
AWMRC MANAGEMENT COMMIThEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting policiès Charity infornation Acle War Memorial Recreab'on Centre Managemenl Committee is an unincorporated charity in England and Wales. The address ol the prinapal office is shown on page 3 of Ihese financial ststements. 1.1 Accounting convention The financial statements have been prePad in accordance with the charitys goveming document. the Chzrities kt 2011, FRS 102 -The Financial Reporting Standard applicable in the UK and Republic of Ireland- I°FRS 102.1 and the Charities SORP -AccOUnti and Reporting by Charities= Slalernent of Recommended Practice applicable to charibes preparing their accoLFnts in accordance with the Financial Reporting Standard applicable in the UK arKI Republic ol Ireland IFRS 1021" 1811èctive October 20191. The charity is a Public 8enefit Entity as defined by FRS 102. The charity has tsken advantage of the provisions in the SORP for thartties not to prepare a Statement of Cash Flows. The finanaal 5ts1ement5 have departed froffl the Charilies (Accounts RepK)rtsl Regulations 2008 only lo the extenl reouired to provide a tnje and fair view_ This departure has invdved lollowng the Statement of Recornmended Practice for charities applying FRS 102 rather than the version of the Statement of Recornmended Practice which is referred io in ihe Regulalions bul which has since been withdrawn. The financial statements are prepared in sledirrfj. the funciional currency of the charity. Monetary amounts in these finanoal slatements are rounded to the nearest £. The financial statements have been prepad uThJer the histortcal cost nVentEn. modified to includè the revaluation of freehold properties and lo include investment properbes and certain financial instrurnents at fair value. The principal accounting poliues adopted are sel out below. 1.2 Going concern At the time of approving the financial statements. the trustees have a reasonable expectation that the charity has adequale sOUrceS to conbnue in operational existenc£ for the loreseeable future. Thus the trustees continue to adopt the going concem basis of accounting in preparing the financial staternent5. 1.3 Charltable funds Unrestricted funds are available for use at the dISGretK of Ihe trustees in lurtherance of their charitable objecu'ves. Restricted funds are subject to speafic conditions by dorH)rs or grantors as to how they may be used. The purposes and uses ol the restricted lunds are sel oul in the notes to Ihe finan(ial statements. Endowment funds are subject lo speofic conditions by donors Ihat Ihe capital must be maintained by the charity. 1.4 Income Income is COgnised when the charity is legally entiued to it after any perfomiance condititins have been met, the amounts can be measured reliably. and it is probable that inwrne wll be receNed. Cash donations are Cognised on receipl. Other donations a recogniYd once the charity has been nob.fied of the donation. unless perforrnan conditions require defeffal of the amount_ Income tax recoverable in relation to donations received under Grft or deeds ol covenant is recognised at ihe time of the donation. Legacies are recogntsed on receipt or othetwise rf the charity has been nolrfied ol an impending distribution. Ihe amount is known. and receipt is expected. If the amount is not known, the legacy is treated as a contingenl assel.
AWMRC MANAGEMENT COMMirrEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Aecountlng pollcles IContinued} 1.5 Expenditure Expenditure is recognised once the is a legal or constructwe oblvJation io transfer economic benefit to a third party. it is probable that a Iransfer of ecA)nornic benefits will be Tequiied in setdement. and the amount of the obligation can be measured reliably_ Expenditure is claSsrfd by ac1[ty. The cosis of each activity a made up of the total of direct costs and shared costs. including support costs invdved in Undertang each acbvity- Dtrect Costs attributable to a single activity are allocated direcdy to that activity. Shared costs which contribute to more than one aCtNity and supporl costs which are not attnbutable to a single aciivity are apporth)ned befvleen those activities on a basis consistent with ihe use ot resources. Central staff costs zie allocaled on the basis of ts.me spent, and depCiatIon charges are allocated on the porlion of the assèt's use. 1.6 Tangible fixed assets Tangible fixed assets are initially measured al cost aThJ subsequenuy measured at cost or valuation, net of depreciation and any impairment losses. Depre¢iation 15 recognised so as to write off the cost or valuation of assels less their residual values ovsr thèir useful lives on the followng bases.. Buildings Land and grounds Fixtures and fittings Playground equipment - 2Yo and 5Ya on o)st 5°k straighl line - 12.5Q/y on cost - 5% straKJhl14ne The gain or loss arising on ihe disposa] ol an asset is detemiined as Ihe difference between the Sale proceeds and the carying value ol the assel, and is reco9nised in Ihe stslement of finarrial activities. 1.7 Impairment of fixed assets At each reporting end date. the charity reewS the carrwng amounts of its tangible assets to detefrnine whether there is any indicaiion that those assets have Suffered an impaimient loss. If any such indication exists, the recoverable amount of ihe asset is estimated in order to detemine the extent of the impairment loss lif any). 1.8 Cash and cash equivalents Cash and cash equivalents indude $h in hand, deposits held at call wlh banks. other short-temi liquid investments with original malurilies of three months less. and bank overdralts. Bank overdrafts are shown within borrowings In current liabilikn"es. 1.9 Flnancial instruments The charity has elected to apply the provisK)ns of Secbon 11 'Basic Finanryal In5trurn8n15' and Section 12 'Other Financial Instruments Issues of FRS 102 to all of ils financial inslnjments. Financial instruments a recognised in the thartvs balance shèet when the charity becomes paty to the contractual provIsn$ of the instrument. Financi818ssets and liabilities are offset. with the net amounts presented in the financial statements, when the is a legally enforceable right to set off thè recognised amounts and there is an intention to settle on a net basis or to alise the asset and settle Ihe liabilty 5imuiianeously.
AWMRC MANAGEMENT COMMirrEE NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting poliei•s (Continued) Basic financial assets Basic financial assets, which include debtors and cash and bank balances. are initially measured at transaction price including transaclK)n costs an¢J are subsequently carried at am0sed cost using the effective interest method unless the arrangement conslitutes a financtng iransaction. where the transaction is measured at Ihe present value of the future receipts ¢JiscoJnted at a market rate of rnieresl. Financial assets c185sified as receivable within one year are not amorti5ed. Basic finanoial liabilities Basio financial liabilities, including creditor5 and bank loarbs are initi311y recognised at transaction price unless the arrangement (xjnsb'tutes a financing transaction. where the debl instrument is rNeasured at the present value of the fultjre payments discounted at a markel rate of interest. Financial liabilities classiffed as payable within one year are not amorbsed_ Debl instruments are subsequenuy carried at amorbsed cost, Ltsing the effective interest rate rnethTrY. Trade creditors are obligations to pay for goods or sernces that have been acquired in the ordinary course of operations from suppliers. Amounts payable are dassthed as Gurrenl liabilities if payment is due within one year or less_ If not. they are presented as non-current liabilities_ Trade credit(xs are recognised initially at transaction price and subsequendy measured at amortised cost using the eftecttve interest method. Dereeognition of finanelal Ilabllhles Financial liabilities are derecognised when Ihe tharity's contraciual obligattons expire or are discharged or cancelled. Income from investments Unrestricted unStrICted funds funds 2023 2022 Intest receivable 6.209 1,950 Donatlons and legacles Unrestricted Unrestricted funds funds 2023 2022 Donations and gifts Government granls 11JO 1.500 21.330 22.830 10-
AWMRC MANAGEMENT COMMirrEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Charitable activitie5 Charitable Charitable In¢ome Income 2023 2022 Charges for use of farilities Other income 165,550 832 151,339 3,629 166,382 154,968 Charitzble activities Charitable Charitable Exp8ndtture Exp8nditurè 2023 2022 Depreoation and impaimEnt Cleaning and m8inlen8nce wages Cleaning and rnainlenanc8 pènsions Rates and insurance Light and heat Cleaning and general maintenance Repairs to machinery and equipment Repairs to buildings. fixture5 and fittlngs Repzirs to pitches, court and grounds Bad debts Payment of vat overclaimed Charitable expenditure heading 13 34,417 54,645 656 18,501 52,005 5,365 1,640 6,814 7.fj87 32,543 31.861 653 18,139 26,686 5,672 1.366 11.059 20,839 598 15.199 182,280 164,615 Acwuntar 1.750 1.750 184,030 166,365
AWMRC MANAGEMENT COMMirrEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Employees The average monthly number ol employees during the year was.. 2023 Numb8r 2022 Number Administration Cleaners Maintenancè Totsl There were no employees whose annual remuneration was more than £60.000. Remuneration of key management pernonnel The remuneration of key managernent personnel is as fdlows. Trustees. remuneration and benefits There were no truslees, remuneratKJn or olher benefits for the year ended 31st December 2023 nor for the year ended 31st December 2022. Trustees. expense5 There were no trustees. expenses paid for Ihe year ended 31st Oecember 2023 nor for the year ended 31 st December 2022. Taxation The charity is exempl from taxation on its actNities because all its income is applied for charitable purposes. other UnstrICted Unrestricted funds runds 2023 2022 Adminislralion wages Administrab"on pensions Postage. stationery and telephone Bowls ntre management fees Licenses and perrnits VAT write off Cornputer and intemet expen Sundry expenses Security 16.480 494 2.901 15.426 782 3,245 16,125 2.421 14.960 612 2,164 640 $61 2.461 717 41,587 40.428 12-
AWMRC MANAGEMENT COMMirrEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 10 Tangible fixed assets Buildlngs Land & FLYiures and gmund$ fittlngs Playground e4Uipment Total Cost At 1 January 2023 Additions 843.345 164.220 204,764 14,995 62.589 1.274,918 14.995 At 31 December 2023 843.345 164.220 219.759 62.589 1,289,913 Dèpraciation and Impalmient At 1 January 2023 Depreciatson tharged in the year 407,1 17.902 112.501 6,658 181.834 6.728 31,290 3.129 733.526 34.417 At 31 December 2023 425.803 119.159 188.562 34,419 767,943 Carrying amount At 31 December 2023 417,542 45.061 31.197 28.170 521,970 At 31 December 2022 435,444 51.719 22.930 31,299 541.392 In June 2018 the Trustees oblained an independent valu3b"on, for Insuran purposes, ol the Acre Memorial Buildings. Sptsrts Cenlre. Sw81 Club and A55wated space, based on reinstaternent value, 01 £8,044,445, excluding value added tax IVATI. In October 2018 the Ttustees obtained a lurther irwjependenl Valua. for insurance purposes. of the Acle War Memorial Recreation Centre and Sorial Club, based orb replacement value. of £3.450.000, excluding value added tax (VATI. The lower valuation was nY)ie in line with the expectations of Ihe insurers. 11 Debtors 2023 2022 Amounts falllng due wtthin one year: Trade debtors Other debtors Prepayments and accnJed income 3,791 4.781 1.968 4,808 1.388 1,712 10,540 7.908 13-
AWMRC MANAGEMENT COMMirrEE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 12 Credltors: amounts falling due within one year 2023 2022 Other loans Pension control Other laxalion and social seujrity Trade creditors Other creditor5 Accruals and delerred income 1,875 265 715 17,966 6,017 2.267 1,875 247 753 15,306 506 2,267 29,105 20,954 The loan is interest-free and repayable over 10 years cornrnenang tn October 2018. 13 Crédltors: amounts falling duè after more than one year 2023 2022 Other loans 5.625 7.500 The loan is interest-free and repayable over 10 years commenong in October 2018. 14 Unrestricted funds The unr8Stricted funds ol the charity cownprise the unexpended bafances of donations and grants which are not subject to speafic conditions by donors and grantots as to how they may be used. These include desi9naled funds which have been sel asKle out of unresthcAed funds by th8 Irusteès for specific purposes. At 1 January 2023 Incoming resources Resources expended At31 December 2023 UF Retained earnings I Weather Pitch Sinking Fund Ind(K)r Bowling Club Sinking Fund Playgrtyjnd Fund 622.940 52.436 36.749 1.042 168,977 2.158 1.513 43 1225,6171 566,300 54,594 38.262 1,085 713.167 172,691 1225.6171 660,241 14-
AWMRC MANAGEMENT COMMirrEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 14 Unrestricted funds (Continued) Prevlous year: At 1 January 2022 Incoming resources R8sources expended At31 December 2022 UF Retained eamings brought forward All Weather Pitch Sinking Fund Indoor Bowling Club Sirhking Fund Playground Fund 651.081 51.799 36,303 1,030 178.651 637 447 13 1206.7931 622,939 52,436 36,750 1.043 740.213 179.748 1206,7931 713,168 15 Related party transactions The Social Club 15 nol a registered charity and pays a nI for the use of the premises in the Recreatio Cenlre. Both organisab.ons use the sarne VAT registration number. The Recreation Centre is able to approve the OffirS appointed by the Soual Club. At 31 Decembèr 2023 the Sooal Club owed £4,80812022- £1,898). 16 Funds The committee operated various fU[S duwing the year as follows". Fund Type Purpose General fund Unreslricted General running ar¥J maintenance facilities Indoor bowls rink fvnd unresln.cled Funds set aside for refurfoishment ol the indoor bowls centre All weather pitch fund unSIne1ed Funds sel aside for refurbishment ol the all weather pttch Playground fund Unrestricted Funds set aside for fUiShMent ol the playground equipment Tennis court fund Restricted Donated funds for replament and refurfoishment of the tennis courts 15-