2021-09-30-accounts - Newton Abbot And District Recreational Trust Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

INDEX				Page
Reference	and administration information
Report of	the Directors		2	— 6
List of Members
Statement	of Directors	Responsibilities
Independent	Examiners	Report	9	— 10
Statement	of Financial	Activities
Statement	of financial	position	12	— 13
Notes to the Financial		Statements	14	— 19

						2021	2020
				Designated	Unrestricted	Total	Total
			Notes	Fund	Fund	Funds	Funds
				f	f	f
Incoming Resources
Incoming Resources	From
Generated Punds
Subscriptions and contributions					18,394	18,394	20,802
Grants					33,335	33,335	25,000
Other Income					61,295	61,295	59,082
Investment Income					6	6	23
Total Incoming Resources					113,030	113,030	104,907
Resources Expended Direct charitable
expenditure			2		80,924	80,924	83,188
Governance costs			3		4,598	4,598	9,932
Total Resources Expended					85,522	85,522	93,120
Net (deficit) surplus for the year before taxation			4		27,508	27,508	11,787
Taxation
Net (Deficit)/Surplus for the year					27,508	27,508	11,787
Punds Brought Forward				136,489	93,796	230,285	218,498
Transfer of funds	made
Funds Carried Porward				136,489	121,304	257,793	230,285
Movements on reserves		are	set	out in note	12 on page 19.

	the other income streams, a going can be adopted.	the other income streams, a going can be adopted.	concern	basis in pre	p, paring the	account
2	Direct Charitable Expenditure				2021	2020
		Designated		Unrestricted	Total	Total
		Fund		Fund	Funds	Funds
		Expenditure		Expenditure f
	property expenses Office and administration			17,269	17,269	21,382
	expenses Finance expenses			62,601 1,054	62,601 1,054	60,659 1,147
				80,924	80,924	83,188
3	Governance Costs
	Reporting Accountants Professional fees	Fee		2,100 2,498	2,100 2,498	2,050 7,882
				4,598	4,598	9,932
4	Net surplus for the year
	This is stated after Directors emoluments	charging:
	Depreciation written off tangible Profit on disposal of assets		fixed	assets	9,612 (167)	8,972

Employees
Number of employees		2021	2020
		Number	Number
The average monthly number during the year was:	of employees
Administration
Employment costs
Wages and salaries Employers national insurance Pension contributions		24,500 2,164	23,520 2,044
		26,664	25,564

py considered nece	g ssary.	y an no p	rovson	axaon s
Tangible Fixed	Assets		Leasehold
		Fixtures	Pavilion
		and	and
Cost		Fittings f	Groundsf	Total
At 1 October 2020 Additions Disposals		79,437 4,700	228, 4, ( 264 775 963)	307,701 9,475 (963)
At 30 September	2021	84,137	232,076	316,213
Depreciation
At 1 October 2020 Charge for year Disposals		66,705 3,081	122,729 6,531 (167)	189,434 9,612 (167)
At 30 September	2021	69,786	129,093	-198,879

7	Tangible Fixed Assets (continued)
	Net book value
	At 30 September 2021	14,351		102,983	117,334
	At 30 September 2020	12,732		105,535	118,267
8	Fixed assets - Investments			2021	2020
					8
	Investment in subsidiary company			100	100
	The subsidiary company, Coralwharf trading company which operates incorporated in England. At 30 September 2021, the aggregate reserves amounted to 618,668 and its was 68,134.		Limited, is 100% owned. It is a a bar and is registered and amount of its share capital and loss for the year to that date
9	Debtors: Amounts falling due within		one year.
				2021	2020
				S	8
	Trade Debtors Prepayments and accrued income Other tax and social security Other Debtors			(2,065) 18,000 2,247	3,626 22,412 379
	Amount due from group undertaking			12,900	3,150
				31,082	29,567
10	Creditors: Amounts falling due within		one year
	Trade creditors Other Tax and social security Accruals and deferred income			4,193 1,758 4,411	4,497 262 3,017
	Payments on account			2,438	563
	Newton Abbot Squash and Tennis Club Amount owed to group undertaking	loan		1,000 4,735	1,000 1,181
				18,535	10,520

11	Creditors: Amounts	Creditors: Amounts	falling	falling	falling	after	year
							2021	2020
								f
	South Devon Newton Abbot	Cricket Squash		Club and	Loan Tennis	Club loan	10,000 7,500	10,000 8,500
							17,500	18,500
12	Accumulated	Total	Funds
						Designated	Unrestricted	Total
						Fundf	Fund 8	Funds 8
	At 1 October 2020 (Deficit)/Surplus Transfer of funds		or	the	year	136,489	93,796 27,508	230,285 27,508
	At 30 September 2021					136,489	121,304	257,793

			2021	2020
				f	f
SUBSCRZPTIONS
Subscriptions and Contributions			18,394	20,	802
INCOME
Administration fee from the bar Hire of Hall Pitch Rents		13,000 2,060 60		16,500 5,211
Car Park Leases Licenses		17,694 9,065 19,200		14,452 8,800 14,070
Other income		216		49
Government grants		33,335		25, 000
			94,630	84,	082
			113,024	104,	884
OTHER INCOME
Interest Receivable Charitable gift from	Coralwharf				23
			113,030	104,	907
EXPENDITURE
Property Expenses Office and Administration Finance Expenses Governance Costs		17,269 62,601 1,054 4,598		21,382 60,659 1,147 9,932
			(85,522)	(93,120)
SURPLUS BEFORE TAXATION			27,508	11,787

			2021	2020
			S
SUBSCRZPTIONS AND CONTRIBUTIONS
Contributions from Clubs Subscriptions (playing) Subscriptions (sporting) Income Tax Recovered on	Covenants		6,000 4,837 5,310 2,247	6,960 4, 842 5,456 3,544
			18,394	20,802
PROPERTY EXPENSES
Rates Heat and Light Repairs to Property Grounds Maintenance			2,689 9,268 2,436 2,876	4,849 10,901 4,149 1,483
			17,269	21,382
OFFICE AND ADMINISTRATZON	EXPENSES
Wages Insurance Cleaning Postage, Advertising, Telephone and Stationery Depreciation —Pavilion and Fixtures and Profit on disposal of assets		Grounds Fittings	26,664 4,918 17,234 2,239 6,531 3,081 (167)	25, 4, 17I 564 872 635 1,595 6,435 2,537
Equipment Maintenance			2,074	2,009
Sundry Expenses			27
			62,601	60,659
FINANCE EXPENSES
Bank Charges Cricket Club Loan Fee			129 500	172 500
Squash and Tennis Club Loan		Fee	425	475
			1,054	1,147
GOVERNANCE COSTS
Professional Fees			2,498	7 ~ 882
Reporting Accountants Fee			2,100	2 ~ 050
			4,598	9,932
				Page 21