Yardley Gobion Recreation Centre Annual Report Charity no. 292510 General Yardley GOb￿n RC provides facilities for various sports and social activities for the village & surrounding parishes. We also organise various events to raise money for local charitie Achlevements We completed a rn￿ch larger and user frlendly outdoor area to the side of the dub, alon8 With new tables and benches, all of whlch has gone down well with the members. The new area was used regularly in the late spring and summer months, Airns For the coming year we have no major project5 planned but we do have various maintenante work that needs carrying out to maintain the upkeep of the centre. This includes Iwo new boilers. and forming a large soakaway to help with drainage around the club The centre continues to be used byvarious organisationsfrom within the village. and also from further afield. including,. ballet tiunior and adult), football Imen's and youth), table tennis, badminton, weight liftin& and dance clubs. This year we have also had dog trainin8 sessions in the hall once a week. Alon8 with this the centre wa5 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 o￿anISatiOns. Name Barry Hook Posltlon Trustee Slgne 2023 to 2024 CHAIUTY REGISTRATION NUMBER 292510 YARDLEY GOBION RECREATION CENTRE FINANCIAL STATEMENTS 31 JULY 2023 K B M UK LIMITED Chartered Certified Accountants 64 Alma Street Luton England LU12PL YARDLEY GOBION RECREATION CENTRE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2023 CONTENTS PAGE Centre information Profit and loss account Balance sheet Notes to the financial statements The following pages do not forni part of the flnanclal staloments Detailed profrt and loss account YARDLEY GOBION RECREATION CENTRE CENTRE INFORMATION Fornied by deed on the 2nd September 1986 ADDRESS Yardley Gobion Recreation Centre School Lane Yardley Gobion Northamptonshire NN12 7UL TRUSTEES B.D Hook N. King CHAIRMAN BH￿k TREASURER H Wedderbum SECRETARY H Wedderburn ACCOUNTANTS K B M UK Limited Chartered Certifled 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 ENDEO 31 JULY 2023 2023 2022 34,243 32,020 Cost of sales 1,620 32,623 4,842 GROSS PROFIT 27,178 Administralive expenses 15076 12.659 PROFITI(LOSS) ON ORDINARY ACTIVITIES 1797 14.519 PROFITI(LOSS) FOR THE FINANCIAL YEAR I7￿7 14,519 Balance brought forward Balanc¢ corried fonvard 160,123 177,670 145.604 160.123 YARDLEY GOBION RECREATION CENTRE BALANCE SHEET 31 JULY 2023 2023 2022 FIXED ASSETS Tangible assets CURREIYT ASSETS Debtors Cash at bank 111943 118,324 49.693 32,838 82,531 18,174 40.129 58,303 CREDITORS: Amounts falling due wRthin one year NET CURRENT ASSETS 81,931 58,003 TOTAL ASSETS LESS CURRENT LIABILITIES 193074 176,327 CREDITORS: Amounts falliD8 due after more than one y¢4r 16,204 16,204 177,670 160.123 CAPITAL AND RESERVES Share capitsl Profit and loss account 177,670 177,670 160,123 160,123 MEMBEILS, FUNDS These financial statements have been prepared in accordance with S￿li9n IA of FRS 102. Tho Financial Reporting Stsndard applicable itt the UK and Republic of Ireland,. These fll]an¢ial slatements wcre approved by tbe management committce and authori5ed for issue on , and arc signed on their behalf by.. B Hook Officer Charity Registration Number: 292510 YARDLEY GOBION RECREATION CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2023 AccouNrtNG POLICIES Basi5 Y4¢coDnling These ruw￿la1 statenlents have been prepared in accordance with Section IA of FRS 102, The Financial Re￿rtIng Standard appli¢&ble in the UK and Republic of Ireland.. Rtvenue Revenue represents monies received from the Hire of facilitie8 and other activities at the Recreation Centre. xed assets All fixgj 8SS¢ts are initially recorded al cost. Depreciation Depreciation is calculated so as to write off the cost of an asseL less its estimated residual value, over the useful economic life of that asset a5 follows.. Freehold Property Fixtures & Fittings 20/0 on Cost 15 /0 on Reducing Balan¢e Meth OPERATING PROFIT Opernting Profit is stated after charging.. 2023 2022 Offic¢r5' remuneration Depreciation of owned fixed assets 6J81 6,69 I TAX ON PROFIT ON ORDINARY ACTIVITES No liabilty to taxation arises in the Gurr¢nt year. The Charity has Exempt statsls. TANGIBLE ASSETS Freehold Fixtures & Property Fltting5 Total COST At l August 2022 Additions 231,815 23,778 255,593 At 31 Juty 2023 DEPRECIATION At l August 2022 Charg¢ for the year At 31 July 21123 ET BOOK VALUE At 31 July 2023 At 31 July 2022 231,815 23,778 255,593 125,128 4.636 12,141 1,745 13.886 137,269 381 129,764 143,650 102,051 106,687 9,892 11,637 111,943 118,324 YARDLEY GOBION RECREATION CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2023 DEBTORS 2023 2022 Amount Owed from YGSSC Pryyments and ac¢ru¢d iDcome 49,693 17,705 469 18,091 10.493 6. CREDITORS: Amounts falling due within one year 2023 2022 ACc￿￿lS and deferred income 600 300 CREDITORS: Amounts falllng due after more than one yeAr 2023 2022 Amount Owed to YGSSC 16,204 16,204 RESERVES GRANf IY4COME RESERVE RESERVE 2023 2023 At Ol" August 2022 Movement in the year 123,070 37,053 17.547 At 31. July 2023 123,070 54,600 YARDLEY GOBION RECREATION CENTRE MANAGEMENT INFORMATION YEAR ENDED 31 JULY 2023 The following pag08 do not foTm part of the statutory financial stat8ments. YARDLEY GOBION RECREATION CENTRE DETAILED PROFIT AND LOSS ACCOUNT YEAR ENDED 31 JULY 2023 2023 2022 Not• Grants and DoDati0tt5 Fundraising Activity Field Rent Hire of Fa¢iliti¢s and Ballet Classes Coffee shop 20.976 1.190 16,812 2258 2,340 8,185 2,425 10¥77 TOTAL REVENUE 34343 32,020 COST OF SALES Direct costs 1,620 4,842 27,178 84.9Y GROSS PROFrr 32,623 GROSS PROFIT PERCENTAGE 95J /0 Rent, rates al￿ water Insunnce Repairs and maintenance (allowable) Cleaning of premises Sundry expenses Accountancy fees Depreciation 1408 4(K) 4,113 1,222 252 3(bO 6J81 1,619 343 2.395 1,097 214 300 6.691 12.659 14.519 15,076 I7￿7 PROFITI(LOSS> ON ORDINARY ACTIVITIES CHAIUTY REGISTRATION NUMBER 292510 YARDLEY GOBION RECREATION CENTRE FINANCIAL STATEMENTS 31 JULY 2023 K B M UK LIMITED Chartered Certified Accountants 64 Alma Street Luton England LU12PL YARDLEY GOBION RECREATION CENTRE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2023 CONTENTS PAGE Centre information Profit and loss account Balance sheet Notes to the financial statements The following pages do not forni part of the flnanclal staloments Detailed profrt and loss account YARDLEY GOBION RECREATION CENTRE CENTRE INFORMATION Fornied by deed on the 2nd September 1986 ADDRESS Yardley Gobion Recreation Centre School Lane Yardley Gobion Northamptonshire NN12 7UL TRUSTEES B.D Hook N. King CHAIRMAN BH￿k TREASURER H Wedderbum SECRETARY H Wedderburn ACCOUNTANTS K B M UK Limited Chartered Certifled 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 ENDEO 31 JULY 2023 2023 2022 34,243 32,020 Cost of sales 1,620 32,623 4,842 GROSS PROFIT 27,178 Administralive expenses 15076 12.659 PROFITI(LOSS) ON ORDINARY ACTIVITIES 1797 14.519 PROFITI(LOSS) FOR THE FINANCIAL YEAR I7￿7 14,519 Balance brought forward Balanc¢ corried fonvard 160,123 177,670 145.604 160.123 YARDLEY GOBION RECREATION CENTRE BALANCE SHEET 31 JULY 2023 2023 2022 FIXED ASSETS Tangible assets CURREIYT ASSETS Debtors Cash at bank 111943 118,324 49.693 32,838 82,531 18,174 40.129 58,303 CREDITORS: Amounts falling due wRthin one year NET CURRENT ASSETS 81,931 58,003 TOTAL ASSETS LESS CURRENT LIABILITIES 193074 176,327 CREDITORS: Amounts falliD8 due after more than one y¢4r 16,204 16,204 177,670 160.123 CAPITAL AND RESERVES Share capitsl Profit and loss account 177,670 177,670 160,123 160,123 MEMBEILS, FUNDS These financial statements have been prepared in accordance with S￿li9n IA of FRS 102. Tho Financial Reporting Stsndard applicable itt the UK and Republic of Ireland,. These fll]an¢ial slatements wcre approved by tbe management committce and authori5ed for issue on , and arc signed on their behalf by.. B Hook Officer Charity Registration Number: 292510 YARDLEY GOBION RECREATION CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2023 AccouNrtNG POLICIES Basi5 Y4¢coDnling These ruw￿la1 statenlents have been prepared in accordance with Section IA of FRS 102, The Financial Re￿rtIng Standard appli¢&ble in the UK and Republic of Ireland.. Rtvenue Revenue represents monies received from the Hire of facilitie8 and other activities at the Recreation Centre. xed assets All fixgj 8SS¢ts are initially recorded al cost. Depreciation Depreciation is calculated so as to write off the cost of an asseL less its estimated residual value, over the useful economic life of that asset a5 follows.. Freehold Property Fixtures & Fittings 20/0 on Cost 15 /0 on Reducing Balan¢e Meth OPERATING PROFIT Opernting Profit is stated after charging.. 2023 2022 Offic¢r5' remuneration Depreciation of owned fixed assets 6J81 6,69 I TAX ON PROFIT ON ORDINARY ACTIVITES No liabilty to taxation arises in the Gurr¢nt year. The Charity has Exempt statsls. TANGIBLE ASSETS Freehold Fixtures & Property Fltting5 Total COST At l August 2022 Additions 231,815 23,778 255,593 At 31 Juty 2023 DEPRECIATION At l August 2022 Charg¢ for the year At 31 July 21123 ET BOOK VALUE At 31 July 2023 At 31 July 2022 231,815 23,778 255,593 125,128 4.636 12,141 1,745 13.886 137,269 381 129,764 143,650 102,051 106,687 9,892 11,637 111,943 118,324 YARDLEY GOBION RECREATION CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2023 DEBTORS 2023 2022 Amount Owed from YGSSC Pryyments and ac¢ru¢d iDcome 49,693 17,705 469 18,091 10.493 6. CREDITORS: Amounts falling due within one year 2023 2022 ACc￿￿lS and deferred income 600 300 CREDITORS: Amounts falllng due after more than one yeAr 2023 2022 Amount Owed to YGSSC 16,204 16,204 RESERVES GRANf IY4COME RESERVE RESERVE 2023 2023 At Ol" August 2022 Movement in the year 123,070 37,053 17.547 At 31. July 2023 123,070 54,600 YARDLEY GOBION RECREATION CENTRE MANAGEMENT INFORMATION YEAR ENDED 31 JULY 2023 The following pag08 do not foTm part of the statutory financial stat8ments. YARDLEY GOBION RECREATION CENTRE DETAILED PROFIT AND LOSS ACCOUNT YEAR ENDED 31 JULY 2023 2023 2022 Not• Grants and DoDati0tt5 Fundraising Activity Field Rent Hire of Fa¢iliti¢s and Ballet Classes Coffee shop 20.976 1.190 16,812 2258 2,340 8,185 2,425 10¥77 TOTAL REVENUE 34343 32,020 COST OF SALES Direct costs 1,620 4,842 27,178 84.9Y GROSS PROFrr 32,623 GROSS PROFIT PERCENTAGE 95J /0 Rent, rates al￿ water Insunnce Repairs and maintenance (allowable) Cleaning of premises Sundry expenses Accountancy fees Depreciation 1408 4(K) 4,113 1,222 252 3(bO 6J81 1,619 343 2.395 1,097 214 300 6.691 12.659 14.519 15,076 I7￿7 PROFITI(LOSS> ON ORDINARY ACTIVITIES