Annual Report Charity no. 292510 ## Yardley Gobion Recreation Centre ## **General** Yardley Gobion RC provides facilities for various sports and social activities for the village & surrounding parishes. We also organise various events to raise money for local charities. ## **Achievements** We managed to obtain a grant of £8000 towards the refit of our current kitchen, and with the help of the committee and various tradespeople this was completed in time for Christmas and enabled us to offer food when staging events which has been well received by our members. We see this as a key step in progressing the club forward. ## **Aims** Our aim for the next year is to enlarge the current outside area so that people can enjoy the summer months more, we also plan on adding ramps to make it more user friendly. The centre continues to be used by various organisations from within the village, and also from further afield, including; ballet (junior and adult), football (men’s and youth), table tennis, badminton, weight lifting, and dance clubs. Along with this is was used for OAPs and Children’s Christmas parties, May Day celebration, Bonfire night, and also for general hall hire. ## **Summary** The centre is continuously looking for ways to improve, something which is reflected in the improvements made to the club over the past few years, and those we have planned for the future. We take a great deal of pride and responsibility for our role in the local community, and are pleased to offer an outlet for numerous people and organisations. |**Name**|**Position**|**Signed**| |---|---|---| |Barry Hook|Trustee|| 2022 to 2023 CHARITY REGISTRATIO1¥ NUMBER 292510 YARDLEY GOBION RECREATION CENTRE FINANCIAL STATEMENTS 31 JULY 2022 K B M UK LIMITED Chartered Certrfied Accountants 64 Alma Street Luton England LU12PL YARDLEY GOBION RECREATION CENTRE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2022 CONTENTS PAGE Centre Infomiatic Profit and loss account Balance sheet Notes to the finanryal statements Th• following pages do not fomi part of the financlal statements Detailed profit and loss account YARDLEY GOBION RECREATION CENTRE CENTRE INFORMATION Fornied by deed on the 2nd September 1986 ADDRESS Yardley Goblon Recreational Cenlre School Lane Yardley Gobion Northamptonshire NN12 7UL TRUSTEES B.D Hook R Tilling (Resigned April-2022> N. King CHAIRMAN B Hook TREASURER H Wedderburn SECRETARY K Masterlon-smith ACCOUNTANTS K B M UK Limited Chartered CertifEd Accountants 64 Alma Street Luton England LU12PL BANKERS Barclays Bank UK PIC 9 Midsummer Place Milton Keynes MK9 3GB YARDLEY GOBION RECREATION CENTRE PROFIT AND LOSS ACCOUNT YEAR ENDED 31 JULY 2022 2022 2021 REVENUE 32,020 37.372 Cost of sales 4,842 26,137 GROSS PROFIT 27.178 11,235 Administralive exp¢n$¢s 11659 12,119 PROFITIILOSS) ON ORDINARY ACTMTIES BEFORE TAL4TION I4￿19 (884} PROFITI(LOSS) FOR THE FINANCIAL YEAR 14&19 (884) Balance brought forward Balance catTied forward 14S604 160,123 146,488 145,604 YARDLEY GOBION RECREATION CENTRE BALANCE SHEET 31 JULY 2022 2022 2021 FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash at bank 118.324 111,465 18,174 40,129 10,493 40.150 50,643 58J03 CREDITORS: Amount5 falling due Mrythin one year 300 NET CURRENT ASSETS 58,003 50.343 161,808 TOTAL ASSETS LESS CURRENT LIABILTTIES 176J27 CREDITORS: Amounts falllng due *fter more than oDe year 16204 16,204 160,123 145.604 CAPITAL AND RESERVES Share capital Profit and loss ac¢ount 160,123 160,123 145,604 MEMBERSI FUNDS 145.604 Th¢5¢ acrounls have been prepared ill accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). financia] stalernenls were approved by the Management Committee and auihorised for issue on and are S1￿cd on their behalf by.. B Hook Officer Ch￿lty R¢gi8tr8lion Number: 292510 YARDLEY GOBION RECREATION CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2022 ACCOUNTING POLICIES B*$i$ of atcounting The financial stat¢m¢nls have been prepared under the historical cost convention. and in accordance ￿1th the Financial Reporting Standard for Smaller Entities (effective January 2015). Revenue Revenue represents moni¢8 received from the Hire of facilities and other activities at the Recrtation Centre. Fixed assets All fixed assets are inilially worded at cost. Depreclation Depreciation is calculAted so as to write off the Cost of an asset, less its &stimat¢d residual value. th¢ u5¢ful economic life of that asset as follows: Frechold Propety Fixtures & Fittings 150h on Reducing Balance Method OPEIL4TING PROFrt Opernting profit is stated after charging.. 2022 2021 Officers, remuneration Depreciation of owned fixed as8els 691 4,661 TAX ON PROFIT ON ORDINARY ACTIvrrES No liability to taxation arises in the CUrr￿t year. The Charity has Exempt Sts￿8. TANGIBLE ASSETS Freehold Fixtures & Property Fittlngs Trjtsl COST At l August 2021 Additions 231,815 10,228 13,550 23,778 242,043 13,550 255,593 At31 July 2022 DEPRECIATION At l All￿st 2021 Charg¢ for the year A¢ 31 July 2022 NET BOOK VALUE At 31 July 2022 At 31 July 2021 231,815 120,491 4,637 125,128 10,087 2,054 12.141 I30￿78 6,691 137,209 106,687 111,324 11,637 141 118,324 111,465 YARDLEY GOBION RECREATION CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2022 DEBTORS 2022 2021 Amount Owed from YGSSC PrepAyments and accru￿ in¢ome 17,70S 469 10,493 18,091 10,493 CREDITORS: Amoun¢s fajkng due Wfith￿ one year 2022 2021 A¢¢ruals and d¢f¢rred income 31KI 300 CREDITORS: Amounts falling due after more than one year 2022 2021 Amount Owd to YGSSC 16,204 16.204 RESERVES GRANT INCOME RESERVE RESERVE 2022 2022 At Ol" August 2021 Movement in the year 123,070 22.534 14.519 At31"Jnty 2022 123,070 37,053 YARDLEY GOBION RECREATION CENTRE MANAGEMENT INFORMATION YEAR ENDED 31 JULY 2022 The following pages do nol form part of th• statutory flnancial slatomgnts. YARDLEY GOBION RECREATION CENTRE DETAILED PROFIT AND LOSS ACCOUNT YEAR ENDED 31 JULY 2022 2022 2021 Granis and Donations Fundtaising Activ7ty Field Rent Hire of Facilities and Ballet aasses Coffee shop 16,812 2.258 2J40 8,185 2,425 28,612 362 2,140 3,008 3.250 TOTAL REVENUE 32,020 37,371 COST OF SALES Direct costs 4042 27,178 26,137 11235 GROSS PROFIT GROSS PROFIT PERCENTAGE 30.1Y. OVERHEADS Rent, rates ond water Insuran¢e Rwairs and maiDtenaDce (allowable) Cleaning of premises Sunthy expenses Accountancy fees Depreciation 1,619 343 2J95 54 6,005 886 213 300 4,661 12.119 214 31Nb 6,691 12ffj59 I4￿19 PROFITI(LOSS) ON ORDINARY AcfIviTIES {884) CHARITY REGISTRATIO1¥ NUMBER 292510 YARDLEY GOBION RECREATION CENTRE FINANCIAL STATEMENTS 31 JULY 2022 K B M UK LIMITED Chartered Certrfied Accountants 64 Alma Street Luton England LU12PL YARDLEY GOBION RECREATION CENTRE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2022 CONTENTS PAGE Centre Infomiatic Profit and loss account Balance sheet Notes to the finanryal statements Th• following pages do not fomi part of the financlal statements Detailed profit and loss account YARDLEY GOBION RECREATION CENTRE CENTRE INFORMATION Fornied by deed on the 2nd September 1986 ADDRESS Yardley Goblon Recreational Cenlre School Lane Yardley Gobion Northamptonshire NN12 7UL TRUSTEES B.D Hook R Tilling (Resigned April-2022> N. King CHAIRMAN B Hook TREASURER H Wedderburn SECRETARY K Masterlon-smith ACCOUNTANTS K B M UK Limited Chartered CertifEd Accountants 64 Alma Street Luton England LU12PL BANKERS Barclays Bank UK PIC 9 Midsummer Place Milton Keynes MK9 3GB YARDLEY GOBION RECREATION CENTRE PROFIT AND LOSS ACCOUNT YEAR ENDED 31 JULY 2022 2022 2021 REVENUE 32,020 37.372 Cost of sales 4,842 26,137 GROSS PROFIT 27.178 11,235 Administralive exp¢n$¢s 11659 12,119 PROFITIILOSS) ON ORDINARY ACTMTIES BEFORE TAL4TION I4￿19 (884} PROFITI(LOSS) FOR THE FINANCIAL YEAR 14&19 (884) Balance brought forward Balance catTied forward 14S604 160,123 146,488 145,604 YARDLEY GOBION RECREATION CENTRE BALANCE SHEET 31 JULY 2022 2022 2021 FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash at bank 118.324 111,465 18,174 40,129 10,493 40.150 50,643 58J03 CREDITORS: Amount5 falling due Mrythin one year 300 NET CURRENT ASSETS 58,003 50.343 161,808 TOTAL ASSETS LESS CURRENT LIABILTTIES 176J27 CREDITORS: Amounts falllng due *fter more than oDe year 16204 16,204 160,123 145.604 CAPITAL AND RESERVES Share capital Profit and loss ac¢ount 160,123 160,123 145,604 MEMBERSI FUNDS 145.604 Th¢5¢ acrounls have been prepared ill accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). financia] stalernenls were approved by the Management Committee and auihorised for issue on and are S1￿cd on their behalf by.. B Hook Officer Ch￿lty R¢gi8tr8lion Number: 292510 YARDLEY GOBION RECREATION CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2022 ACCOUNTING POLICIES B*$i$ of atcounting The financial stat¢m¢nls have been prepared under the historical cost convention. and in accordance ￿1th the Financial Reporting Standard for Smaller Entities (effective January 2015). Revenue Revenue represents moni¢8 received from the Hire of facilities and other activities at the Recrtation Centre. Fixed assets All fixed assets are inilially worded at cost. Depreclation Depreciation is calculAted so as to write off the Cost of an asset, less its &stimat¢d residual value. th¢ u5¢ful economic life of that asset as follows: Frechold Propety Fixtures & Fittings 150h on Reducing Balance Method OPEIL4TING PROFrt Opernting profit is stated after charging.. 2022 2021 Officers, remuneration Depreciation of owned fixed as8els 691 4,661 TAX ON PROFIT ON ORDINARY ACTIvrrES No liability to taxation arises in the CUrr￿t year. The Charity has Exempt Sts￿8. TANGIBLE ASSETS Freehold Fixtures & Property Fittlngs Trjtsl COST At l August 2021 Additions 231,815 10,228 13,550 23,778 242,043 13,550 255,593 At31 July 2022 DEPRECIATION At l All￿st 2021 Charg¢ for the year A¢ 31 July 2022 NET BOOK VALUE At 31 July 2022 At 31 July 2021 231,815 120,491 4,637 125,128 10,087 2,054 12.141 I30￿78 6,691 137,209 106,687 111,324 11,637 141 118,324 111,465 YARDLEY GOBION RECREATION CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2022 DEBTORS 2022 2021 Amount Owed from YGSSC PrepAyments and accru￿ in¢ome 17,70S 469 10,493 18,091 10,493 CREDITORS: Amoun¢s fajkng due Wfith￿ one year 2022 2021 A¢¢ruals and d¢f¢rred income 31KI 300 CREDITORS: Amounts falling due after more than one year 2022 2021 Amount Owd to YGSSC 16,204 16.204 RESERVES GRANT INCOME RESERVE RESERVE 2022 2022 At Ol" August 2021 Movement in the year 123,070 22.534 14.519 At31"Jnty 2022 123,070 37,053 YARDLEY GOBION RECREATION CENTRE MANAGEMENT INFORMATION YEAR ENDED 31 JULY 2022 The following pages do nol form part of th• statutory flnancial slatomgnts. YARDLEY GOBION RECREATION CENTRE DETAILED PROFIT AND LOSS ACCOUNT YEAR ENDED 31 JULY 2022 2022 2021 Granis and Donations Fundtaising Activ7ty Field Rent Hire of Facilities and Ballet aasses Coffee shop 16,812 2.258 2J40 8,185 2,425 28,612 362 2,140 3,008 3.250 TOTAL REVENUE 32,020 37,371 COST OF SALES Direct costs 4042 27,178 26,137 11235 GROSS PROFIT GROSS PROFIT PERCENTAGE 30.1Y. OVERHEADS Rent, rates ond water Insuran¢e Rwairs and maiDtenaDce (allowable) Cleaning of premises Sunthy expenses Accountancy fees Depreciation 1,619 343 2J95 54 6,005 886 213 300 4,661 12.119 214 31Nb 6,691 12ffj59 I4￿19 PROFITI(LOSS) ON ORDINARY AcfIviTIES {884)