Trustees’ Annual Report for the period
From 1[st] April 2020 To 31[st] March 2021
Charity name: Wadham Lodge Sports Ground Trust
Charity registration number: 303270
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Provision of sports and education facilities for the local community (defined as 20 miles from Wadham Lodge Sports Ground in Walthamstow |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Provision of facilities used primarily for football pitches to the local community. A local faith group also use the site for social and sporting facilities. Also provide grants for footballing activities and this year towards covid survival |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees have 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 | ||
|---|---|---|
| Policy on grant making | Para 1.38 | Limited Grant giving focussed on supporting activities at Wadham Lodge Sports Ground |
| Policy on social investment including program related investment |
Para 1.38 | n/a |
| Contribution made by volunteers |
Para 1.38 | n/a |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main 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. |
Para 1.20 | Wadham Lodge Sports ground is a thriving football focussed facility enjoyed by a wide cross section of primarily very local young people. There is both social and competitive football played. This year has been especially challenging because of the disruptions caused by covid lockdowns and we were helped with a Covid grant from the government which enabled the facilities to be maintained and opened as soon as the restrictions permitted. |
| Additional information (optional) You may choose to include further statements |
where relevant about: | |
| Achievements against objectives set |
Para 1.41 | n/a |
| Performance of fundraising activities against objectives set |
Para 1.41 | n/a |
| Investment performance against objectives |
Para 1.41 | Investments performed adequately in very challenging circumstances due to covid lockdowns. |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity remains in a strong and solvent position with adequate funds invested to ensure its continued ability to support the local community |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Facilities on site require periodic major investment and upgrading. There is a proposal to build an additional all weather full size football pitch. The reserves enable us to plan for this with confidence |
| Amount of reserves held | Para 1.22 | £220000 |
| Reasons for holding zero reserves |
Para 1.22 | n/a |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | n/a |
Additional information (optional) You may choose to include further statements where relevant about: Investments The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other
Structure, Governance and Management
| Description of charity’s trusts: |
The charity is a single trust – the Wadham Lodge Sports Ground Trust |
|
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust deed dated from 1961 |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Unincorporated association |
| Trustee selection 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 |
Para 1.25 | Collective decision of the exiting trustees. |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and Para 1.51 training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
Reference and Administrative details
| Charity name | Wadham Lodge Sports Ground Trust |
|---|---|
| Other name the charity uses | |
| Registered charity number | 303270 |
| Charity’s principal address | Wadham Lodge Sports Ground Trust Kitchener Road London E17 4LL |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Lawrence Mallinson |
Chairman | |||
– 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
Trustee name Dates acted if not for whole year
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 |
||
|---|---|---|
| Lawrence Mallinson | ||
Chairman |
||
| 21/11/2022 | ||
| 21/11/2022 |
Wadham Lodge Sports Ground Trust
Income and Expenditure accounts 1[st] April 2020 to 31[st] March 2021
£
INCOME
Grants - Covid 25,000.00
- Football Association 5,000.00
Rent received 6,450.00
Bank compensation 100.00
Investment Dividends 5,303.56
Total income 41,853.56
EXPENDITURE
Grants - Covid and FA 30,000.00
CASH BALANCE @ 1/4/2020 49,993.50
Add Total Income 41,853.56
Less Expenditure (30,000.00)
CASH BALANCE @ 31/3/2021 61,847.06
15/1/2023
Independent examiner’s report to the trustees of Wadham Lodge Sports Ground Trust (Charity no. 303270)
I report to the Trustees on my examination of the accounts of Wadham Lodge Sports Ground Trust (“the Charity”) for the year ended 31[st] March 2021.
Responsibilities and basis of report
As the Trustees of the Charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act; or
-
the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Name: Waqas Hussain FCCA Address: 10 Knebworth Avenue, Walthamstow, E17 5AJ Date: 02/11/2022
Signed: