2023-03-31-accounts

Financial statements for the year ended 81aIlharch 2023	Financial statements for the year ended 81aIlharch 2023	Financial statements for the year ended 81aIlharch 2023
Contents:		page
Trustees Annual Repoit
Independent Examiner's	Refloe
statement of Financial	Activities
Balance Sheet
Notes tothe Financial Staterrient		8-TD

		Notes	Unrestricted	Restricted	Endowment	2023	2022
			funds	funds	funds
Income
Grants &Donations		2	23,351			23,351	34,050
Covid grants
Investments			5,351			5,351	7,321
Income from sporting			8,755			8,755	11,342
facilities
Pavilion hire			5,036			5,036	1,747
Sundry income			1,757			1,757	817
Total Income			44,250			44,250	55,277
Expenditure
Upkeep ofsports			16,200			16,200	6,411
facilities
Major refurbishment			3,300			3,300	5,058
Salaries		6	16,905			16,905	3,720
Pembroke &Saridford			4,110			4,110	2,151
upkeep
Hard courts 8 skate			420			420
park
Pavilion running	costs		25,757			25,757	18,923
Car park maintenance
Depreciation				5,996		5,996	5,996
Legal fees							20
Accountancy			480			480	480
Bank charges			72			72	72
Administration	&		8,288			8,288	8,151
insurance
Total Expenditure			is,s32	5,996		81,528	50,982

		Notes	Unrestricted	Restricted	Endowment	2023	2022
			funds	funds	funds
Net income &			(31,282)	(5,996)		(37,278)	4,295
expenditure
Gains/losses
arising on
investments
Unrealised		4	(1,078)		(11,202)	(12,280)	5,151
gain/loss
Realised gains
Total gains/losses			(1,078)		(11,202)	(12,280)	5,151
Net movement	in		(32,360)	(5,996)	(11,202)	(49.558)	9,446
funds
Funds brought			176,135	151,864	318,173	646,172	636,726
forward
Total funds carried			143,775	145,868	306,971	596,614	646,172
forward

	Notes	Unrestricted	Restricted	Endowment	2023	2022
		funds	funds	funds
Fixed assets
Tangible assets	3	92,520	145,868	63,500	301,889	307,885
Current assets
Debtors						1,876
Investments	4	21,969		232,328	254,297	266,578
Bank balance		30,095		11,143	41,238	74,060
Total current		52,064		243,471	295,535	342,514
assets
Current	5	809			809	4,228
liabilities
Net current		51,255		243,471	294,726	338,286
assets
Total net assets		143,775	145,868	306,971	596,614	646,172

offthe cost ofeach asse	t over its expecte	d use
Tennis Courts	5%straight	line
Multi sports arena	6%straight	line
Equipment	10%straight	line
Store shed	10%straight	line
Pavilion	2%straight	line

	Freehold	Freehold	Endowment	Fixtures Fittings &	Total
	Property	Property		Equipment
	Unrestricted	Restricted
Cost/valuation
At 1April 2022	92,520	289,772	63,500	99,699	545,491
Additions
Uisposals
At 31March 2023	92,520	289,772	63,500	99,699	545,491
Uepreciation
At 1April 2022		137,907		99,699	237,606
Charge in the year		5,996			5996
At31March 2023		143,903		99,699	243,602,
Net book value
At31March 2023	92,520	245W9	63,500		301,889
At31March 2022	92,520	151,865	63,500		307,885

	Nominal	Cost	Market value	Market value	Realised	Unrealised
	Value		31/03/23	31/03/22	gain/loss	gain/lass
Endowment
fund
COIP Fixed	74,325	94,954	87,525	93,033		(5,508)
Interest
COIF	7,728	70,888	144,803	150,497		(5,694)
Investment
Unrestricted
funds
COIF interest	7,724	9,641	9,096	9,668		(572)
COIF	687	10,000	12,873	13,379		(506)
Investment
Total			254497	266,578		(12,280)

. Current	Debilities
		2023	2022
Trade creditors		329	3,748
Accounting	Accrual	480	480
Total			4,228

		01/04/2023	Received	in	year	Expended	in	31/03/2023
						year
Pavilion		151,864				5,996		145,868
Playpark
Millenniuin	Bike
Park,
Total		151,864				5,996		145/)68

		01/04/2023	Received in year	Expended	in	31/03/2022
				year
Investments	at	243,530		(11,202)		232,328
market value
Pfbpeny		16,000				16,000
Pent hroke Field
Property		47,500				47,500
Buckland Road
Endowment	cash	11,143				11,143
at bank
Total		318,173				306,971