## **Trustees’ Annual Report for the period From Period start date To Period end date**
## **Charity name:**
## **Charity registration number:**
## **Objectives and Activities**
SORP reference Summary of the purposes Para 1.17 of the charity as set out in its governing document Summary of the main Para 1.17 and 1.19 activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Statement confirming Para 1.18 whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit
## **Additional information (optional)**
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers
Other
## **Achievements and Performance**
SORP reference Summary of the main Para 1.20 achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.
## **Additional information (optional)**
You may choose to include further statements where relevant about:
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Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
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## **Financial Review**
Review of the charity’s Para 1.21 financial position at the end of the period Statement explaining the Para 1.22 policy for holding reserves stating why they are held Amount of reserves held Para 1.22 Reasons for holding zero Para 1.22 reserves Details of fund materially Para 1.24 in deficit Explanation of any Para 1.23 uncertainties about the charity continuing as a going concern
## **Additional information (optional)**
You may choose to include further statements where relevant about:
The charity’s principal sources of funds Para 1.47 (including any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the Para 1.46 principal risks facing the charity Other
## **Structure, Governance and Management**
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Description of charity’s
trusts:
Type of governing Para 1.25
document
(trust deed, royal
charter)
How is the charity Para 1.25
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25
methods including details
of any constitutional
provisions e.g. election to
post or name of any
person or body entitled
to appoint one or more
trustees
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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## **Reference and Administrative details**
Charity name Other name the charity uses Registered charity number
Charity's principal
address
## **Names of the charity trustees who manage the charity**
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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## Corporate trustees – names of the directors at the date the report was approved **Director name**
Name of trustees holding title to property belonging to the charity
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Trustee name Dates acted if not for whole
year
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**Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)**
**Full name(s)**
**Position (eg Secretary, Chair, etc)**
**Date**
##
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## **BUSHEY RANGERS**
## **ACCOUNTANTS REPORT**
## Accounts for the year 6[th] April 2020 – 5[th] April 2021
I can confirm that I have checked and validated the Accounts for Bushey Rangers for the 2020/21 Financial Year.
All Financial Statements have been compiled in accordance with Accounting Standards and all entries are consistent with previous years.
## **Income**
All Income was analysed and reconciled with the Bank, there were no outstanding items at the end of the financial year.
The Bar Cash reconciliation forms were accounted for correctly in the accounts and reconciled with the bank. Account numbers referencing the entries were included on the forms.
Income for the Bar and Football memberships/events continue to be banked and analysed separately.
There continues to be cash transactions through the year. Where appropriate, this should be limited to keep tight controls and to protect those handling cash. If cash transactions continue, the appropriate measures should be put in place. All transactions need to be authorized by an appropriate Committee member before any cash is used. If a physical signature is not possible then an electronic confirmation is sufficient. This should also have the reference number in the accounts clearly marked on the authorisation form and dated. Where possible, invoices should always be received, cheques issued or bank transfers made instead of paying or refunding items out of cash balances, with the appropriate authorisations.
## **Expenditure**
All expenditure was analysed under the appropriate headings and there were no unidentified payments or outstanding items in the accounts at the end of the financial year.
On spot checking, all expenses had the appropriate paperwork to substantiate the payment. If a receipt or Creditor statement is not possible then a written record, that’s signed and dated by the Treasurer to validate the payment, needs to be included with the accounts. Such paperwork was included but a signature was not added.
A Stock take was performed, and this was recorded in the financial statements correctly. The net book value of the Fixed Asset; the Clubhouse, continues to be depreciated on a fixed 50year term basis, which is consistent with previous years. This is also recorded in the Balance sheet and the depreciation expense for the year was charged to the P&L.
The outstanding Heineken Loan continues to be recorded in the Balance sheet correctly. As there is only a small balance now remaining, this only falls under Creditors due within 1 year.
The Club is still deregistered for VAT, this continues to be a recommendation as taxable supplies are below the taxable threshold.
There were no outstanding items from 2019/20 and no unpresented cheques at the end of the Financial Year 2020/21.
## **Comparisons**
Total Income has decreased over the past year by 15%. However, Total Expenses are down on last year by 19%. This has resulted in the Club making an overall profit for the year of £4.2k.
## **Main Points to Note:**
1. The Bar Net Profit has increased to 14% v 8% in 19/20.
2. The combined Bar/Clubhouse loss increased from -£6.1k in 19/20 to -£10.5k in the current year, but this is mainly due to refurbishment works which are not usually carried out to such a level.
3. Football Income has decreased for the year by 22.5%. This is mainly due to the Boys 6-aside event that had to be cancelled. Expenses are down considerably by 57% as a result of reduced training, kit purchases, cancelled 6-aside and charity donations. This resulted in profit increasing from £10.1k in 19/20 to £14.7k in 20/21; a substantial increase.
4. Retained profit has remained consistent at £4k.
5. All the above has been significantly impacted by Covid-19 where National lockdowns and major social restrictions have impacted the Clubhouse and Football activities during the year.
**Recommendations**
2
1. The club was under the Taxable Supplies threshold for the Financial Year 2020/21 and therefore should remain de-registered for VAT under Schedule 1 of the HM Revenue and Customs Requirements to Deregister, for the next Financial Year 2021/22, providing that Taxable Supplies over a rolling 12-month period, will not be above the VAT Registration threshold of £85,000 during that period.
2. To record Cash receipts/payments and to keep a working document of any cash transactions where applicable.
3. To obtain authorisation of any bank transfer to an individual linked to the club by an appropriate Committee Member.
4. The Cash Reconciliation forms to be signed by the Treasurer as complete and accurate.
In conclusion, I can confirm that the Accounts give a true and fair view of the financial position of the entity.
## **Kelly Curtis PQ CIMA**
**Nov 2021**
3