2022-12-31-accounts

Trustee name	Office (ifany)	Dates acted if not for whole ear	Name to a	of person (or body) entitled oint trustee ifan	of person (or body) entitled oint trustee ifan
Richard Taylor	Chair
Simon Deane	Treasurer
Rod Webber
Kate Webber
Simon Ralph

									~ ~ ~
Summary ofthe objects ofthe charity set out in its governing document									The Charity's objectives are to promote and provide facilities for recreation or other leisure time occupation in the interests ofsocial welfare in the parishes of Chagford, Gidleigh, Throwleigh and Drewsteignton -for both residents and visitors.
Summary ofthe main activities undertaken for the public benefit in relation to these objects									We maintain facilities for Football, Cricket, Tennis, Netball and Swimming and support a range of other sporting and recreational activities activities, including running and the use ofa gym
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public									The trustees are aware ofthe guidance issued by the Charity Commission on public benefit and ensure that all activities are confined to those covered by our charitable objects.
benefit
	~		~						~ ~ ~
Summary		of		the main					During 2022 most Trust activities moved progressively back to normal
achievements						ofthe charity			with both sporting and social activities increasing steadily and a
during	the		year						particularly satisfying level of covenanted donations from the Sports &
									Social Club. All ofthe Trust's recreational facilities enjoyed a high level of
									utilisation throughout the year with the summer season being one ofthe
									hottest on record leading to large numbers of residents and visitors taking
									advantage ofthe swimming pool.
									The cricket club's two teams competed in the Devon Leagues however
									the cricketing highlight was, without doubt the Friday evening junior
									sessions with up to 120children aged from 5 —15participating in
									coaching and playing opportunities with the same number of parents and
									relatives enjoying the Clubhouse social facilities.
									The football club, although with only one league team for the 2022/23
									season also ran a successful veteran's team.
									Chagford Runners continues to thrive with twice weekly runs, members
									competing in major events such as the London Marathon and organising
									its two feature events ofthe year being the Two Hills Race and Run 4
									Rosie whilst the tennis club also enjoyed a busy season.
									A very welcome new addition to the roster of affiliated sports is Netball,
									this activity is well supported and will be entering two teams in the
									Okehampton league. The Trust will be providing the funding for the re-
									marking out (on the tennis courts) ofthe netball court lines to support the
									club.
									The Clubhouse Gym and Studio began to increase membership and
									classes atter the COVID drop off but still have a way to go to return to
									2019levels.
									The Trustees remained five in number however the management
									committee greatly benefited from the addition ofa Secretary/Project
									Manager (voluntary role) and the increased involvement ofthe
									Clubhouse Administrator in the day-to-day financial operation ofthe
									Trust.
TAR									Dec 2022

Brief statement	Brief statement	Brief statement	Brief statement		ofthe	ofthe	Reserves are retained primarily for the purpose of pump priming new
charity's		policy			on reserves		sporting and recreational facilities. Ifthe community wishes to develop
							any particular facility or run a project, we will help them fund raise so that
							the funds raised cover the majority ofthe cost ofthe project. The routine
							income generated from activities is used to support the annual
							maintenance ofthose facilities.
							Zero reserves will only be held ifthere is a clear plan to generate positive
							reserves in the following year and current reserves are required to pump
							prime that project.
Details of in deficit			any funds			materially	The funds are not in deficit.
Further financial					review details
~	Amount		of reserves held:				As at the end of 31"December 2022, cash reserves ofF29,488 were
							held.
~	Review		ofthe		charity's		As this report is prepared in 2023 it seems difficult to remember that the
	financial		position at the end				UK entered 2022 with the COVID pandemic still ongoing and although
	ofthe	period:					reduced there were still limited restrictions in place that affected most
							businesses and other organisations to some degree. Finally in late
							February 2022 the last UK COVID restrictions were lifted but on the same
							day Russia invaded Ukraine leading to the huge energy price increases
							that continue to impact every individual and business and have a
							particularly significant effect on those organisations, such as the Trust,
							which provides energy intensive operations such as a swimming pool.
							The rate ofincrease in financial activity did not compensate for the rate	of
							reduction in government financial support for COVID affected
							organisations meaning that the Trust struggled to match income and
							costs for the year and optional spend from unrestricted funds (money
							available to the Trustees for discretionary spend) had to be tightly
							controlled as the Trust operates with minimal reserves.
~	Explanation of any uncertainties about the charity continuing as a going concern						Spending control was necessary despite the Trust benefiting from a long term fixed price energy deal for the swimming pool which shielded from energy cost increases through into 2023. This obviously means that 2023 has the potential to be an even greater financial challenge for the Trust than that experienced since the onset of COVID in 2020 and is likely to
							require additional fund raising, the maximisation of commercial
							opportunities and cost mitigation actions in order to enable the Trust to
							continue to fulfil its primary role of deliveding recreational opportunities	for
							residents and visitors to Chagford and its surrounding parishes.
							The emphasis going forward through 2023 will be the raising of additional
							funds to align with increased costs and maximising the opportunities for
							social use ofthe Clubhouse in a manner that is consistent with its primary
							purpose as a recreational and well being facility.
							Although cautious about future funding ofthe charity, the trustees believe
							that they have taken steps to ensure that the facilities will generate
							sufficient income each year to more than meet the expenses of
							maintaining them. Moreover, the recent development of gym facilities will
							start to create an additional and sustainable income source.
AR							Dec 2022

(HAtify (OMMISION I IOE lNGIANO ANO WAl[1	(HAtify (OMMISION I IOE lNGIANO ANO WAl[1	(HAtify (OMMISION I IOE lNGIANO ANO WAl[1	(HAtify (OMMISION I IOE lNGIANO ANO WAl[1	(HAtify (OMMISION I IOE lNGIANO ANO WAl[1				Chagford	Recreational	Recreational	Trust				289574
									Receipts and			payments		accounts			CCtsa
								For the period from			01.D1.2022		To		31 122022
~						~	~	~
								Unrestricted funds			Restricted funds		Endowment funds		Total	funds	Last year
								to the nearest E			to the nearestr.		to the nearest E		to the nearestE		to the nearest E
A1 Receipts
Donations - Club									810			521				1 331	T5,755
Donations - Other																	14154
Covenants/Gdlard									27,323							27,323	33319
Grants									2,767							2,767	22,825
Fundraising - Lottery									4,423							4,423	6 294
Fundraising —Other																	537
Total voluntary income									35,323			530				36853	152934
Club rents									3,000							3000	2 056
Gym entrance fees									7415							7415	6 713
Clubhouse activities		3	room hire						3,189							3,189	2465
Club conbibutions	to	expenses							539								872
I~tercet receivable
Feed in tarrg																	1 585
Sub total (Gross				income forAR)					49,561			530				50,090	166,627
A2 Asset and	investment						sales,
(see table).
						Sub total
				Total			receipts		49,561			530			-	50,090	166,627
A3 Payments
Improvements to	Iaaliaes It equipment								1,330							1,330	2,885
Equipment purchased																	3,416
Maintenance & Nnning				costs					8,794							8,794	7,697
Services									20,258							20,258	16,989
Insurance									9,984							9,984	9,117
Finance costs																	62
Sundries									1,340							1,340	252
Professional tees	& Subscriptions								520		11	131				11,651	1 526
Coaching									4,384							4,384	10,229
Small grants
Direct charitable	expenditure								46 611		11	131				57,742	52,173
Fundraising costs									2,543			310				2,853	2,456
Management a admin			ofthe chany						520							520	4,864
						Sub total			49,674		11,441					61,116	59,492
A4 Asset and	investment
purchases, (see			table)
Swimming pool development
Playing fields development											3,195
						Sub total										7,432	87,715
			Total		payments				49,674		18,873					68,547	147,207
Net ofreceipts/(payments)									113	-	16,344					18,457	19,420
A5 Transfers	between				funds							648
A6 Cash funds		last year				end			35,564		20,358					55,922	36,502
Cash funds				this		year end			36,099		1,366					37,465	55,922

								Unrestricted	Restricted	Endowment
								funds	funds	funds
								lo ncureutE	to neareutE	to neareutE
Bt Cash		funds			Cash at	Bank		27,978	9,488
							Total cash funds	27,978	9,488
								Unrestricted	Restricted	Endowment
								funds	funds	funds
					Details			to nearest 2	to neareut2	to nearest 5
B2Qther		mcnetary		aaaete	Siockin9	l.oan		5,000
					Details
B3Investment			assets		None
					Details			Fund to which aexctbelon 8	Cost (optionali	Current value 0 tional
64Assets retained				for the	Tennis Courts			Unreutncied	25,104
charity'8		own	use		Playing	iield developments		Unruuincled	'I9,329
					Clubhouse		development	Unreuincied	100,584
					Swrmming		Pool Development	Unrecincted	96,095
								Fund to which	Amount due	When due
					Details			liabili relates	o lionaf	o lional
B5 Liabilities					Chantable		Loan	Unrekincted	35,000	No fixed date
Signed by one or two trustees on behalf ol sg the truateea					Signature			Position
					Simon		Deans	Treasurer
					Richard		Taylor	Chair

I CHARITY COMMISSION 4, I EOR ENOIANO ANO WAlES	I CHARITY COMMISSION 4, I EOR ENOIANO ANO WAlES	I CHARITY COMMISSION 4, I EOR ENOIANO ANO WAlES	I CHARITY COMMISSION 4, I EOR ENOIANO ANO WAlES	I CHARITY COMMISSION 4, I EOR ENOIANO ANO WAlES					Chagford	Recreational Trust Receipts and payments	Recreational Trust Receipts and payments	Recreational Trust Receipts and payments	Recreational Trust Receipts and payments	289574 accounts	289574 accounts	289574 accounts		CC~6a
									Forthe period
									from			01.01.2022				31 122022
r
~					~		~	~	~
									Tennis	Courts		Swimming Pool	Playing	Fields	General Funds			Total funds
									to the nearest		6	to the nearest 6	to the riearest E			to the nearest	6	to the nearest E
A1 Receipts
Donations - Clubs												200		610				810
Donaiions - Other
Covenants / Gift Aid												14,462		1,825		11,036		27,323
Grants												100				2,867		2,767
Fundraising - Loaery																4	423	4421
Fundrasing - Other
Total voluntary mcome												14,762		2436		18126		35323
Club rents														3,000				3,008
Gym entrance fees														7,415				7415
Clubhouse activities		&room hre												3,189				3,189
Club contnbuiions	to	expenses												539				639
Interestreceivable
Feed in tanff												89						89
Sub total (Gross				income for AR)								14,862		16,679		18,130		49,561
A2 Asset and	investment					sales,
(see table).
						Sub	total
				Total		receipts					-	14,852		is,e79		19,13O		49,681
A3 Payments
Improvements to	faolaes &equtpment													1,330				1,330
Equipment purchased
Maintenance & running				costs								3,397		5,398				8,794
Services											235	14,983		4,690			350	20,258
insurance											485	4,852		4,646				9,984
Finance costs
Sundnes												301		958			82	1 340
Professional fees	&Subscnptions													131			389	520
Wages														4,384				4,384
Small grants
Direct charitable	ex		enditure								720	23,532		21,538			821	4eet 1
Fundraising costs												158				2,380		2543
Management &admm			ofthe chanty											38				520
						Sub	total				720	23,689		21,581		3,683		49,674
A4 Asset and	investment
purchases, (see			table)
						Sub	total
			Total		payments						720	23,689		2'1,581		3,683		49,674
Net ofreceiptsl(paymentsj											(720)	(8,838)		(5,002)		14,447		113
A5 Transfers	between				funds							5,000		13,000	-	18,352		648
A6 Cash funds		last year				end						11,733		6,309		17,523		35,564
Cash funds				this		year	end				(720)	8,895		14,307		13,618		36,099

						~	~	~ ~ ~
Cur' jr:"I 5 Bt Cash funds Cash at Bank Total cash funds			Tennis Courts to nearest E	Swimming Pool to nearest E 3,550	to nearest E 8,581 8,581 Playing Fields			to nearest E 1e 15,84( 5,841 General Funds	to nearest f 27,070 27,978 Total Funds
			Tennis Courts	Swimming	Playing		Fields	General Funds	Total	Funds
B2Other monetary		assets	to nearest 8	Pool to nearestf	to nearestf			to nearest E	to nearest f
Stocking Loan							5,000	-		5,000
			Tennis Courts	Swimming	Playing		Fields	General Funds	Total	Funds
B3Investment	assets			Pool
			to nearest f	to nearest f
			Tennis Courts	Swimming	Playing		Fields	General Funds	Total	Funds
B4Assets retained		for the		Poof
charity's own	use		Cost (optional)	Cost (opuonal)	Cost	(optional)		Cost (optional)	Cost	(optional)
Tennis Courts
Playing field developments
Clubhouse development
Swimming Pool	Development
			Tennis Courts	Swimming	Playing		Fields	General Funds	Total	Funds
BSLiabilities				Pool
			Cost (amount	Cost (amount	Cost	(sfriouiit		Cost (amount	Cost	(amount
			due)	due)		due)		rlue)		due)
Charitable Loan								35,000		35,000

CHARITY COMMISSION 4 fOR EIIEIANO ANO WALES	CHARITY COMMISSION 4 fOR EIIEIANO ANO WALES	CHARITY COMMISSION 4 fOR EIIEIANO ANO WALES				Chagford	Recreational	Recreational	Trust				289574
							Receipts and			payments		accounts			cc~sa
						For the period from			01 Df 2022		To		31.122022
~ r				~	~	~
						Tennis	Courts		Swimming Pool		Playing Fields		General Funds		Total funds
						to the nearest		6	to the nearest'		to the nearest E		to the nearest	g	to the nearestE
AI Receipts
Donations - Club												521			521
Donations Other
Covenants/GiftAid
Grants
Fundraising - Lottery
Fundraising - Other
Total voluntary income												021			530
Club rents
Gym entrance fees
Clubhouse activities 3 room hire
Club contnbulions	to expenses
Interest receivable
Feed in lariff
Sub total (Gross income					for AR)							021			530
A2 Asset snd	investment				sales,
(see table).
				Sub total
		Total			receipts			-			-	521		9	630
A3 Payments
Improvements to faaldies &equipment
Equipmenl purchased
Maintenance & running		costs
Services
insurance
Finance costs
Sundnes
Professional fees	&Subscnptions												11,131		11,131
Coachng
Smaf grants
Direct charitable	ex	enditure											11	131	11131
Fundraising costs												310			310
Management & admin		of the chardy
				Sub total								310	11,131		11,441
A4 Asset snd	investment
purchases, (see table)
Improvements to faolities &equipment										4,237		3,195
				Sub total						4,237		3,195
		Total	payments					-		4,237		3,505	11,131		18,873
Net ofreceiptsl(payments)										4,23T		2,985	11,122		18,344
A5 Transfers	between		funds											640
A6 Cash funds last year				end									20,350
Cash funds this				year end						4,237			8,588		1,366

				~	~		~ ~	~ ~ ~
			Tennis Courts		Swimming	Playing	Fields	General Funds	Total	Funds
					Pool
Bt Cash funds Cash at Bank Total cash funds			to nearest r.		to nearest E to nearest E to nearest E to nearest E ME3E3E'3
			Tennis Courts		Swimming	Playing	Fields	General Funds	Total	Funds
B2Other	monetary assets				Pool
			to nearest E		to nearest E	to nearest E		to nearest K	to nearest E
			Tennis Courts		Swimming	Playing	Fields	General Funds	Total	Funds
B3Investment		assets			Pool
			to nearest E		to nearest E	to nearest E		to nearest E	to nearestE
			Tennis Courts		Swimming	Playing	Fields	General Funds	Total	Funds
B4Assets retained for the					Pool
charity's	own	use	cost (optional)		cost (opttonal)	cost (optional)		cost (opuonal)	cost	(opttonal)
			Tennis Courts		Swimming	Playing	Fields	General Funds	Total	Funds
BSLiabilities					Pool
			Cost (amount		Cost (amount	Cost	(amount	Cost (amount	Cost	(amount
			due)		due)	due)		dus)		due)