Ch•rfty P40. 302n7 30June 2021
The Bettp5han8er Social Welfare Stheme Contents Pa8es 2to3 Trusieel Annual Report Statem*t of Financlal Actfvjtles Balance heet Notes t ' the Accounts 6t014 Page I
The Betteshan8er Sod•l Welfare Scheme Trustees Annual Report The Trustees present their report wtth the unaudrted financial statements of the charity for the year ended 30 June 2021. REFERENCE AND ADMINISTRATIVE DETAILS Charlty No. 302727 Prlnclpal Offlc BSWS Sports Club Cavell Square Deal Kent CT14 9HN Trustees The followin8 Trustees served durin6 the year: J. Cu1115 C. Davles N. Famery M. Frlend 8. Goold., E. kholleld A¢¢ount•nts The Sandwich Accountancy Group Ltd 148 Dover Road Sandwich Kent CT13 ODP Banke¥s Nat West Bank Hlgh Strqet Deal Kent OBJEcfivES AND AcllviTIES The purpYJse of the charity as set out In its governing document is to provide a Social Welfare Centre and Sport5 Recreatton Ground forthe use of the residents in the Borough of Deal. Parlsh of Northbourne and Surrounding areas The main actlvltles undertaken in relation to those purposes are rent of WOPErtie5. Pitch hlre, and hall hire. & the provision of re¢atIOnal faulities ACHIEVEMENTS AND PERFORMANCE Page 2
The Betteshanger Social Welfare Scheme TrusteesAnnual Report The Trustees believe that the Chartty objecti¥es are continuing to be achieved successfully. FINANCIAL REVIEW Full details of the Charity Finances are set out over the following pages It IS the policy of the Charity to continue building up serveS to a sufficient level by means of annual operatirw surpluses, development of land and judicious management of investment assets. sTrucruRE. GOVERNANCE AND MANAGEMENT The charity is conllituted under a Charity Cofflmission Scheme and is rIStered charity 302727. The management committee during the year consisted of Trustee5 and Secretary, along wlth sub-committee responsible for management of the Sports Club. The Trustees a appointed by the Natlonal Unlon of Mlners and separateFy by the Colllery Industry Soclal Welfare Organisatlon. Each of these organisations are entitled to appoint three tru5tee5 of their chCK>sl. Stat•mwt oftrustees, le¥IbIlItIeS In relatlon to the flTrwdal statsments The charity trustees are responsible for preparing a trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Stsndards (United Klngdom Generallv Accepted Accounung Prarticel. The Trustees arÈ re5ponslble for keepin8 proper accountlng records that dlsclose with reasonable accuracy at any tlme the flnanclal posltlon of the charlty and to enable them to ensure that the financial ststements comply wlth the CharltSes Act 2011. the appllcable Charttles IAttounts and Reports) Regulations. and the provlslons of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence takin8 reasonable Steps for the prevention and detection of fraud and other irregularities. Slgned on behalf of the charws trustees C. Davlel Trustee 30 June 2021 Pa8e 3
The 8etteshanger &Kial Welfare 5dne Statement ol Flnanclal Acth for the year ended 30 June 2021 fund5 Totsl fvnds Totsl funds 2021 2020 Income and d0meThts from: Donatlons and legades Charitable actlvltles Other trading a¢tivities Investments 55.498 110,782 io.c 260 55,498 110.782 10,0 260 22.988 170,781 6,000 187 Total 176.540 176.540 199,956 E¥pendlture on: Charitable actiwtie5 Other 66,814 59.486 66,814 59,486 46,934 108.302 Tot81 126,3 126,3 155,236 Net gains on investmer Net Incom• 729,886 729,886 780.126 780.126 44,720 Transfers between funds Net Income before other galnslllosses) 780.126 780.126 44.720 Oth•r 8alns and losses Net movement In lunds 780,126 780.126 44.720 R•conclll•tlon of funds: Total funds brou8ht forward 376.050 376,050 331,330 Totsl funds ¢arrled forwanl 1.156.176 1,156.176 376,050 Page 4
The Betteshan8er Soclal Welfare Scheme Balan Sheet at 30 June 2021 Charlty No. 302727 2021 2020 Flxèd assets Tangjble assets li 961,060 223,658 223.658 Current assets Debtors Cash at bank and In hand 12 858 224.393 225,251 130,1351 195,116 1,156,176 1.156.176 2,054 180,251 182,305 129,9131 152,392 376,050 Cr[10r$. Amount fallin8 due within one year Net rrent assets 13 Totsl assets less ¢urrent Ilablllues Net assets exdudlng penslon asset or nablllty Totsl net assets 376,050 1.156,176 376,050 The funds ofthe charlty Restrlcted fvnds Unrnstrl¢ted fvnds General funds Des5 nated funds 14 14 337.830 88,460 376,050 426.290 376,050 14 Revaluatlon re5eNe 729.886 729,886 Totsl funds 1.156,176 376,050 Approved by the trustees on 30 June 2021 And Sign on thelr behalf by. C. Oavies Trustee 30 June 2021 Page 5
The Betteshanyr Sodal WelfJre Sdme Notes tothe Accwnts for the year ended 30June 20ZI I ¢qUtI polldes Ba$ of prep4ratlon The financial statements have been prepared In accordance with Statement of Recommended Practice.. Accountin8 and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republi¢ if Ireland IFRS 1021 issued on 16 Jijly 2014 and the Flnanclal Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charltles Att 2011. Chanp In basls of act4 or to prevlous atUnts There has been no change to the accountlng pollcles (valuation rules and method of a¢countin815ince last year and no changes have been made to actounts for previous years. Fund accouThtln8 Unrastrlrted funds These are available for use at the discretion of the trustees In fvrtherance of the general objects of the charlty. These are unrestricted funds earmarked the trustees for particular purp¢) These are unrestricted fvnds whith include a revaluation reserve representing the restatement of investment assets at thelr market values. These are avarlable for use subject to $trICE10S imposed by the donor or throu8h tem)s of an appeal. Desi8nated funds Revaluation funds fte5trlcted funds Inwne Recognition of income Income b Included In the Ststement of FInancl Actfvitles ISOFAI when the charbty becomes entltled to. and rtUallY certaln to recelve, the Income and the amount of the Income can be measured with sufficient rellabillty. Income wlth related expendlture Where income has relattd e¥penditure the income and related expenditure15 reported gross In the SOF Donqtlons and legacies Voluntary Income receNed by way of 8fdnts. donations and 8lfts 15 included in the the SOFA when receivable and onty when the char has uncondltional entltlement to the Income. Income from tsx reclaims ts Induded in the SOFA at the same tlme as the lftldonatlon to whlch It relates. These are only Included In Income Iwlth an equfvalent amount In expenditurel where the benefft to the Charity is asOnablY qLSantifiable, measurable and material. The value of any volurrteer help red is not included ir¢ thè accounts. This is included in the accounts when receivable. This includes anygain or loss resulting from revaluln8 ifivestments to market value at the end of the year. Tax reclairns 1)n donations and gifts Donated Services and Volunteer help Investment income Gains/llossesl on revaluation of fixed assets Galns/llossesl on Invespment a55ets This indudes any gain or105s on the Sale of 1nvestwrnts. Page 6
The Beneshanger5odal Welfare Scheme Notesto the Acc¢ts Expenditure Recognition of exp nditure Expenditure is recognised on an accruals basis. Expendthre indudes any VAT which cannot be fully recovered. and is reported as part of the expenditure to which it relates. Expenditure on raisin8 funds Expendlture on charitsble activities These comprlse the costs assouated with attracting voluntary income, fundraising trading costs and investment management costs. These comprise the costs incurred by the Charity in the delivery of its activities and seryices in the furtherance of its objects. including the making of 8rants and Soran(e costs. All grant expenditure is accounted for on an actual paid basis plus an accrual for 8rants that have been approved by the trustees at the end of the year but not yet paid. Thesè include those $ts a55ociated with meeting the constitutional and statutory requlrements of the Charlty. Indudlng any audltltndependent examination fees. costs linked to the strategic management of the Charity. together with a share of other administration costs. These are support costs not allocated to a particular artivity. Grants payable Governance costs Oth Ir expenditure Taxatlon The Fhartty Is exempt from tsx on its Charitable artwes. Freehold Investment propwty Investment properties are measured initially at cost and sub5equentty at falr value at each balance she¢ date and are 1 depreclated. All galns or losses are taken to the Ststement of Flnandal Attl¥ltles as tFley arlse. Trade and other debtors Traile and other debtors are recognlsed at the settlement amount due after any trade dlscount offered. Prepayments are valued at the amount prepaid net of any trade discounts du. Cash •nd osh •qul¥alents Cash and cash equivalents comprise cash at bank and on hand, demand deposts with banks and other short-temi hl8hly liquid investments wfth original maturtties ol three months or less and bank overtlrafts. In the statement of finandal pos+n. bank overdrafts are shown within borrowings or current Ilabilrties. In the Stement of Cash Flow5. cash and cash equNalents ère shown net of bank overflrafts that are repayable on demand and fom) an integral part of the company's cash man48ement. Trade and other (TrdStors Short terni creditors ore measured at the transaction price. Other creditors and provisions are recosnised where the charity has a present obllgation resuIng from a past event that will probably result In the transfer of funds to 8 third party and the amount due to settle the obllgatlon can be meaiured or estimated lIably. Creditor5 and provision5 are Th)rmalty recognlsed at their settlement amoynt after allowing for any trade discounts due. Page 7
The Betksharyrsocial Welfare Stheme Notes to the Attlnts 2 Statpment of FIla1 AcU¥ltles- prloryear Vnfestricted funds Total nd5 2020 2020 Income and endowments from: Donatlons and legacles Charitable actNitie5 Other tradin8 artivitie5 Investments 22.988 170.781 22.988 170,781 187 187 Total 199,956 Éxpendlture on". Charltable a¢tlvltles 46.934 46.934 Ir.302 108,302 155,236 155,236 other Totsl riet Inc9me Net Inc9me before other yilns/ll•sseJ) oih•r 8•lns •nd loswk. 44.720 44.720 44,720 44,720 Net nyement In lunds Recon¢lllatlon of fund5: Total funds brought forward Total luDds nIed ftrwwd 44,720 44.720 331.330 331.330 376,050 376,050 3 Inco from donltlons and l•pd•s Total Totsl 2021 1020 Grants and Donatlon 50.015 50.015 15.738 7,250 22.988 Mefflbershlps 55,498 55.498 4 Inyè from th•rltable acthA Totsl Totsl 2020 2021 Sections Attiwty Rentpl Income Hall Hlre 76.649 23,674 4.853 76,649 108.762 23,674 23,334 4.853 30,666 8,019 170.781 Pitch Hire 110.782 110.782 Page 8
The Betteshan8er 5odal Welfare Scheme 5 Income from other tradlw actl¥lU Total Totsl 2021 2020 pational licen 10.1 io,c io.c io,c 6 Income from Investmnts Totsl Total 2021 Bank interest 260 2E 187 260 260 187 7 Ex dlture oh dwrftable •¢tMtles Tot¥1 2021 Tot41 Expe dlture on tht7rttable artlvlties Sectlons Artlvlty Govqrnance costs 66.814 66,814 46,934 66,814 66,814 46,934 8 Oth r expendlturt Total Totsl 2020 2021 8,410 Bank loan and overdraft irrterest payable Premlses costs Amortlsatlon, deprecl*lon. Impalrment, profivloss on disposal of fixed a55ets Gener31 adminlstrative costs 1.045 1,045 43.804 43,804 90,059 2.317 2,317 437 7.318 s.2 59,486 7.318 5,fy)2 59,486 7,166 2,230 108,302 Legal and profes%onal costs 9 Net ipcom• belor• transfors 2020 This is ststed after charging: Depreciation of owned fixed assets 10 Staff costs No employee received emoluments in extess of £60.IXYJ. 2,317 437 PaBe 9
The Betteshanger Social Welfare Sdme Notesto the Accounts 11 Tan•IÈ fix a55ets land and Pl•nt & lyjlldlngs Mathlnery Hxture5. Ftttlngs & Equlpment Total Cosi or fevaluatlon At l July 2020 Aédit10115 Revaluation At 30 June 2021 221,909 1.343 1.323 14.417 8.510 237.669 9,833 729,886 22.927 977,388 729.886 951.795 Depreclatlon and Impalrnnt At I july 2020 13.148 14,011 Depreclatlon charge for the year 361 1.956 2,317 At 30 June 2021 1.224 15,104 16,328 Net book valu•s At 30 June 2021 At 30 June 2020 12 Debtors 951.795 221.909 1,442 7.823 961,060 1.269 223,658 Trade debtors Other debtors Prepayments and accrued Income 668 1,386 2,054 49 858 13 Credltors: nts falling due wlthln one year amo 2020 Obli8ations under finance lew and hire purchase contracts Trade credltors Loans from trustees Other creditors Accryals and deferred income IS.718 2.722 io,(u) 13.943 3.470 30.135 10,0 345 3,850 29,913 Page 10
The Bette5hanger Sodal Welfare Scheme Notes ttsthe Accounts 14 Movement in funds Incoming Ilnduding Ati1¥ 2020 tynsllosses) tsansfers June 2021 Restiicted fvnds: Vnrestrirted lunds: General funds 376.050 54.458 16.7281 185,9501 337,830 DeslInat funds: Indoor Bowls Outdoor B0S Football Cricket Band {3.4581 15.0891 134,651) 11.1771 14.3631 15.7911 146.4031 118,6391 1119.5721 41,194 10,463 8,233 967 5,556 4,539 14.287 711 42.335 18.052 6,241 1,238 7,195 5,015 8,317 66 12.678 32.659 6.(KJ2 6,268 40.434 17.994 AllotmenVFIshlnp18eonS Sports Club Social Section Social Cub Section Total 122.082 85,950 88.460 Rovaluatlon Reserves: Revaluation fvnd 729,886 729,886 rotolrevaluotion re5erwes 729.886 729,886 Totsi funds 376.050 SM)6,426 1126,3001 1,156.176 Purposes and restrlctlons In relatlon to the funds= Revaluation reserwes Represent the amount by which investments exceed thelr hlstorical Designated funds.. Indoor Bowls Outdoor Bow15 Football Crickct Band Allotment/FishinyJPlgeons Spons Club Soclal Section Social Cub Section Funds for Indoor Bowls Members Funds for Outdoor BovAs Member5 Funds for Football Members Funds for Cricket Members Funds for Band Members Fund5 for Atlotment, Fishing and Pigeon aub Members FurKls for Sports aub & Social Section Fund5 for Circular Road Social aub Section 15 Analyls of net assets lthfftn funds nds fund5 Total xed assets Net Current assets 961,OfA) 109,166 L070,226 961,0 85,950 195,116 85.950 1.156,176 Page 11
The Betteshayr Social Wellare S¢he Notes to the Affounts Page 12
The Betteshanger Social Welfare 5cFme lkniled Statement of Flmncial Activibes for the sar ended 30 June 2021 nds Totsl furKls Totsl furbds 2021 2021 2020 IrKome and endowments frorn: Donations and legacies Grants pnd Donation Membershlps 50.015 50.015 5.483 55.498 15.738 7.250 22,988 55,498 Charitable activities Sections Actlvlty Rentsl Income Hall Hlre Plt¢h Hlre 76.649 23.674 4,853 76.fA9 23.674 4,853 5.606 110.782 108,762 23,334 30,666 8.019 170.781 110.782 Other trading artivities Occupational lieenee lo. io.fy iO,¢XK) Investments Bank 5nlerest 260 260 187 187 260 Totsl Inc¢me and endowmth 176.540 176,540 199.956 Expendlture on: Charitable activltles Settions Activity 66.814 66,814 66.814 66,814 46.934 46,934 Total ol•xp•ndlturn on tharlt*bl• artlvllles 66.814 66.814 46,934 Other ypendlture 8.410 Bank Ipan and overdraft interest payable 1.045 1,045 1.045 1,045 8,410 Premises costs Rent Rates 129 2.210 19.7 6.255 129 2.210 19,750 6.255 7.512 34,345 333 Light, beat and power Premlses cleaning Premises repairs and maintenance Other premises costs 11.192 11,192 35,533 4.268 43.8Ckt 4,268 43.804 12,336 90,059 Pagè 13
The Be$hanger Social Welfare SdRme Delalled Ststement of Anal11 A¢ti¥ibes General administrative costs. including depreciation and amortisation Depreciatlon of Plant & Machlnery Depreciatlon of Nxtures. Flttin85 & Equipment Bank charges General insurances software, IT support and related costs Subscrlptlons Sundry expenses 361 361 1,956 1.956 317 12 12 6.323 6.323 144 839 9.635 839 560 7,603 9,63S Legal and professional costs Accountancy and bookkeeplr Consultancy fees Other le8al and professlonal costs 1,618 1.618 1,870 360 5,LK12 5,LK12 2.230 T•1 of •xpendlture of oth•r wsts Total expeftdlr• Net Bglns on Investments 59,486 59.486 108,302 126.300 126,300 729,886 155.236 729,886 Net Income 780.126 780.126 44.720 14et Income lOre other 8alns}Ilossesl OtherGains 780,126 780,126 44,720 Net mo*ment In fvnds 780,126 780.126 44.720 Reconclllatlon ollunds: Total furKls brought forward 376.050 376,050 331,330 Totsl fu ds ¢arrled forward 1.156.176 1.156,176 376,050 Page 14