2023-12-31-accounts - Yattendon And Frilsham Sports And Social Trust

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REGISTERED CHARITY NUMBER: 300101

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 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 2023

	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 2023

The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. 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 R Morley A M Milne P J Bickford Smith A McCormick

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 Trust 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.

YATTENDON AND FRILSHAM SPORTS AND SOCIAL TRUST

REPORT OF THE TRUSTEES

for the year ended 31 December 2023

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

............................................. Trustee

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 2023 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
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
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:

(1) which gives me reasonable cause to believe that, in any material respect, the requirements
to keep accounting records in accordance with Section 130 of the 2011 Act; and
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: .............................................

YATTENDON AND FRILSHAM SPORTS AND SOCIAL TRUST

STATEMENT OF FINANCIAL ACTIVITIES

for the year ended 31 December 2023

		2023	2022
		Total funds	Total funds
	Notes	£	£
INCOMING RESOURCES
Incoming resources from generated funds
Voluntary income		80,534	41,109
Investment income	2	1,967	189
Total incoming resources		82,501	41,298
RESOURCES EXPENDED
Charitable activities
Sports		66,662	44,130
NET INCOMING/(OUTGOING) RESOURCES		15,839	(2,832)
RECONCILIATION OF FUNDS
Total funds brought forward		141,963	143,536
New Entity		-	1,259
TOTAL FUNDS CARRIED FORWARD		157,802	141,963

The notes form part of these financial statements

YATTENDON AND FRILSHAM SPORTS AND SOCIAL TRUST

BALANCE SHEET

At 31 December 2023

		2023	2022
		Total funds	Total funds
	Notes	£	£
FIXED ASSETS
Tangible assets	4	1,508	745
CURRENT ASSETS
Stocks	5	2,183	1,867
Debtors	6	2,396	3,181
Cash at bank		201,239	182,924
		207,326	188,717
CREDITORS
Amounts falling due within one year	7	(49,524)	(46,754)
NET CURRENT ASSETS		157,802	141,963
TOTAL ASSETS LESS CURRENT
LIABILITIES		157,802	141,963
NET ASSETS		157,802	141,963
FUNDS	8
Unrestricted funds		157,802	141,963
TOTAL FUNDS		157,802	141,963

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

YATTENDON AND FRILSHAM SPORTS AND SOCIAL TRUST

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2023

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	2023 £ 1,967	2022 £ 189

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.

YATTENDON AND FRILSHAM SPORTS AND SOCIAL TRUST

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

for the year ended 31 December 2023

4. TANGIBLE FIXED ASSETS

COST At 1 January 2023 Additions At 31 December 2023 DEPRECIATION At 1 January 2023 Charge for the year At 31 December 2023 NET BOOK VALUE At 31 December 2023 At 31 December 2022 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 1,226 29,001 27,030 463 27,493 1,508 745 2023 2022 £ £ 2,183 1,867 2023 2022 £ £ 2,396 3,181 2023 2022 £ £ 1,638 3,975 47,886 42,779 49,524 46,754

YATTENDON AND FRILSHAM SPORTS AND SOCIAL TRUST

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED for the year ended 31 December 2023

8. MOVEMENT IN FUNDS

		Net
		movement in
	At 1/1/23	funds	At 31/12/23
	£	£	£
TOTAL GENERAL FUNDS	141,963	15,839	157,802
Net movement in unrestricted funds, included in the above are as follows:
	Incoming	Resources	Movement in
	resources	expended	funds
	£	£	£
TOTAL FUNDS	82,501	66,662	15,839

YATTENDON AND FRILSHAM SPORTS AND SOCIAL TRUST

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

for the year ended 31 December 2023

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)	2023 £ 12,802 53,945 0 13,787 80,534 1,967 82,501 18,369 41,649 4,737 64,755 1,907 66,662 15,839	2022 £ 14,300 20,667 2,650 3,492 41,109 189 41,298 13,976 22,887 5,571 42,434 1,696 44,130 (2,832)

This page does not form part of the statutory financial statements