Treasurer's Report 2023/2024
Rocklands Playing Field Association
| The Playing Field bank accounts balances at the end of the year of trading : | The Playing Field bank accounts balances at the end of the year of trading : | The Playing Field bank accounts balances at the end of the year of trading : | The Playing Field bank accounts balances at the end of the year of trading : | The Playing Field bank accounts balances at the end of the year of trading : | The Playing Field bank accounts balances at the end of the year of trading : | Deposit a/c | **Current a/c ** | |
|---|---|---|---|---|---|---|---|---|
| Lloyds bankopeningbalances as at 1st September 2023 Bank a/c transfer to current a/c |
12090.74 | 2415.10 | ||||||
| -7500 | 7500.00 | |||||||
| Interest/difference | 132.33 | |||||||
| Lloyds bank | closingbalances as at 31st August 2024 |
4723.07 | 4208.66 | |||||
| Current Account | ||||||||
| Expenditure | 6119.42 | Income | ||||||
| Bar stock from Makro etc. electricity insurance water and rates Grounds grant - Baggleys refuse collection Breckland Cncl and TV licences Mower equipment repairs&serv, fuel&oil and £500 honararium cleaning/caretaking & supplies Health and safety inspections (fire ext, PAT testing) Playground maintenance costs (mowing,hedges) ( ROSPA inspection carried out in late Aug) Plumbing repairs New burglar alarm installation Misc wifi x 13 mnths Sub Total Balance in Bank c/a 31/08/24 Cash in Hand c/f 31/08 Unpresented cheque b/f Balance 31/08 |
B/f Cash in Hand Bar Takings Ground Hire pavilion hire Donations & fundraising Grounds grant and associated donations R CricketClub ins. contrib. misc (£ transferred from savings) Sub Total Net income Plus Unpresented payments B/f Bank current account balance from 31/08 Balance 31/08 |
-7500 | 0 | |||||
| 9489.01 | ||||||||
| £2,305.75 | 2350.00 | |||||||
| £2,493.91 | 37.25 | |||||||
| £524.19 | 311.94 | |||||||
| £34,861.00 | 34861.00 | |||||||
| £892.16 | 831.30 | |||||||
| £249.00 | ||||||||
| £978.22 | ||||||||
| £2,023.58 | ||||||||
| £165.04 | 7500 | |||||||
| 390.00 205.97 |
£55,380.50 | |||||||
| £1,006.55 | £47,880.50 | |||||||
| £397.15 | 0 | |||||||
| £975.00 | ||||||||
| £53,586.94 | ||||||||
| £4,208.66 £0.00 £0.00 |
||||||||
| 2415.1 | ||||||||
| £57,795.60 | £57,795.60 |
At the trading year end the deposit a/c balance is £4723.07 with £132.33 interest earned. The current a/c balance stood at £4208.66 - a total of £8931.73. The treasurer's report shows a breakdown of the income and expenditure for this year. We spent £6119.42 on BAR STOCK, but we took in £9489.01. The bar takings profit is £3369.59 compared to last year's £2851.06. Many thanks to Amanda and the clubs who provided a volunteer to serve behind the bar at trainings and events.
Electricity charges totalled £2305.75, slightly up on last year's £2138.85. Water rates were £524.19, compared to last year's £863.38 . The Cricket Club continue to pay a third share towards the cost of the Playing Field's insurance £2493.91, compared to last year's £2888.65.
Martin managed to secure us a sizeable Football Foundation Grant for £26,896 for new grounds machinery. The Parish Council and the cricket and football clubs donated money to towards the balance needed. The mower service and running costs totalled £478.22 and we paid an honorarium to Graham Shaw for £500. The cleaning cost us £2023.58, a little less than last year's £2251.03.
On the income side, ground hire brought in £ 2350 which was £1000 less than normal, as I forgot to chase up an outstanding invoice in time for year end. The £1k will show in next year's accounts. £7500 was transferred from our deposit account which has eaten into our reserves. We had a closing balance of £4723.07 at the end of Aug in the saving account, compared to last year's £12,090.74.
To sum up, the accounts for the year show expenditure of £53,586.94 + £7500 transferred from our savings = £61086.94. Income totals £55380.50 = deficit of £5706.44 compared to last year's £11,054.95. The deficit would have been £1k less, if we'd had the ground rent due paid in before the year end. Based on this, we need to generate around £4000 more per year to stay afloat.
THE ACCOUNTS WERE CHECKED BY : John Scase and signed on 31/12/2024