REGISTERED CHARITY NUMBER: 300101
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 FOR YATTENDON AND FRILSHAM SPORTS AND SOCIAL TRUST
YATTENDON AND FRILSHAM SPORTS AND SOCIAL TRUST
CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 December 2021
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 8 |
| Detailed Statement of Financial Activities | 9 |
YATTENDON AND FRILSHAM SPORTS AND SOCIAL TRUST
REPORT OF THE TRUSTEES
for the year ended 31 December 2021
The trustees present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
300101
Principal address
Bramley House Burnt Hill Yattendon Thatcham Berkshire RG18 0XD
Trustees
R J Sansom T G Boothby J Hole B E Lyon Ms B C Procter-Resigned 20[th] September 2021 A M Milne P J Bickford Smith A McCormick R Morley-Appointed 20[th] September 2021
Independent examiner
NC Desnos 2 Hennessy Crescent Newbury Berkshire RG14 7GB
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The trusts has been set up on 3 August 1977 to provide or assist in the provision of facilities for the inhabitants of the Parishes of Yattendon and Frilsham and the neighbourhood for the recreation and other leisure time occupation in the interest of social welfare.
FUTURE DEVELOPMENTS
The charity continues to provide recreational facilities and maintain and develop the buildings for such enjoyment.
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YATTENDON AND FRILSHAM SPORTS AND SOCIAL TRUST
REPORT OF THE TRUSTEES
for the year ended 31 December 2021
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
............................................. Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YATTENDON AND FRILSHAM SPORTS AND SOCIAL TRUST
I report on the accounts for the year ended 31 December 2021 set out on pages four to eight.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
It is my responsibility to:
-
examine the accounts under Section 145 of the 2011 Act
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to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
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to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that, in any material respect, the requirements
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to keep accounting records in accordance with Section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
NC Desnos 2 Hennessy Crescent Newbury Berkshire RG14 7GB
Date: .............................................
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YATTENDON AND FRILSHAM SPORTS AND SOCIAL TRUST
STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 December 2021
| 2021 | 2020 | ||
|---|---|---|---|
| Total funds | Total funds | ||
| Notes | £ | £ | |
| INCOMING RESOURCES | |||
| Incoming resources from generated funds | |||
| Voluntary income | 60,364 | 36,647 | |
| Investment income | 2 | 130 | 95 |
| Total incoming resources | 60,494 | 36,742 | |
| RESOURCES EXPENDED | |||
| Charitable activities | |||
| Sports | 22,870 | 25,839 | |
| NET INCOMING/(OUTGOING) RESOURCES | 37,624 | 10,903 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 105,912 | 95,009 | |
| TOTAL FUNDS CARRIED FORWARD | 143,536 | 105,912 |
The notes form part of these financial statements
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YATTENDON AND FRILSHAM SPORTS AND SOCIAL TRUST
BALANCE SHEET
At 31 December 2021
| 2021 | 2020 | ||
|---|---|---|---|
| Total funds | Total funds | ||
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 4 | 790 | 882 |
| CURRENT ASSETS | |||
| Stocks | 5 | 1,940 | 1,290 |
| Debtors | 6 | 2,747 | 801 |
| Cash at bank | 176,890 | 139,248 | |
| 182,367 | 142,221 | ||
| CREDITORS | |||
| Amounts falling due within one year | 7 | (38,831) | (36,309) |
| NET CURRENT ASSETS | 143,536 | 105,912 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 143,536 | 105,912 | |
| NET ASSETS | 143,536 | 105,912 | |
| FUNDS | 8 | ||
| Unrestricted funds | 143,536 | 105,912 | |
| TOTAL FUNDS | 143,536 | 105,912 |
The financial statements were approved by the Board of Trustees on ............................................. and were signed on its behalf by:
............................................. Trustee
The notes form part of these financial statements
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YATTENDON AND FRILSHAM SPORTS AND SOCIAL TRUST
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2021
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INVESTMENT INCOME
| Deposit account interest | 2021 £ 130 |
2020 £ 95 |
|---|---|---|
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
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YATTENDON AND FRILSHAM SPORTS AND SOCIAL TRUST
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
for the year ended 31 December 2021
4. TANGIBLE FIXED ASSETS
| COST At 1 January 2021 Additions At 31 December 2021 DEPRECIATION At 1 January 2021 Charge for the year At 31 December 2021 NET BOOK VALUE At 31 December 2021 At 31 December 2020 5. STOCKS Stocks 6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors 7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Other creditors |
Fixtures and Fittings £ 27,775 - 27,775 26,893 92 26,985 790 882 2021 2020 £ £ 1,940 1,290 2021 2020 £ £ 2,747 801 2021 2020 £ £ 2,895 0 35,936 36,309 38,831 36,309 |
|---|---|
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YATTENDON AND FRILSHAM SPORTS AND SOCIAL TRUST
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
for the year ended 31 December 2021
8. MOVEMENT IN FUNDS
| Net | |||
|---|---|---|---|
| movement in | |||
| At 1/1/21 | funds | At 31/12/21 | |
| £ | £ | £ | |
| TOTAL GENERAL FUNDS | 105,912 | 37,624 | 143,536 |
| Net movement in unrestricted funds, included in the above are as follows: | |||
| Incoming | Resources | Movement in | |
| resources | expended | funds | |
| £ | £ | £ | |
| TOTAL FUNDS | 60,494 | 22,870 | 37,624 |
Net movement in unrestricted funds, included in the above are as follows:
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YATTENDON AND FRILSHAM SPORTS AND SOCIAL TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 December 2021
| INCOMING RESOURCES Voluntary income Rents Fund raising Donations Grants Investment income Deposit account interest Total incoming resources RESOURCES EXPENDED Charitable activities Aid & goods Property Administration Support costs Finance Bank charges Total resources expended Net income/(expenditure) |
2021 £ 7,900 10,615 12,230 29,619 60,364 130 60,494 4,322 14,204 3,840 22,366 504 22,870 37,624 |
2020 £ 7,590 7,723 0 21,334 36,647 95 36,742 1,293 21,341 2,750 25,384 455 25,839 10,903 |
|---|---|---|
This page does not form part of the statutory financial statements
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