Langport and Huish Episcopi Recreation Field Management Committee
LANGPORT AND HUISH EPISCOPI MEMORIAL FIELD MANAGEMENT COMMITTEE
- CHAIRMAN AND TRUSTEES ANNUAL REPORT 2019 2020 LANGPORT AND HUISH EPISCOPI MEMORIAL FIELD COMMITTEE CHARITY NUMBER 304573
Chairman’s Annual Report for the Trustees and Management Committee
- I will start by thanking all committee members and section representatives for their hard work and support throughout the year. Following representations in 2021 - 2022 for an increase in grants from the Parish and Town Council’s additional funding was requested in anticipation of additional expenses that would be required to fund the planning of the new changing rooms and inflation. Funding was increased by Huish Episcopi Parish Council and additional funding from Langport Town Council was discussed at their Finance Committee, and was set at £4500.
2. TRUSTEES AND COMMITTEE MEMBERS
The committee members are:Mr Barry Horsgood Vice Chairman Huish Episcopi Parish Councillor Cllr Shirley Nicholas, Trustee and Huish Episcopi Parish Councillor Cllr Michelle Crumb, Trustee andLangport Town Councillor Cllr Sean Dromgoole. Langport Town Councillor Mr Peter Porter, Huish Episcopi Parish Council and Running Club Mrs Liz Lennox, Bingo Club Mr Paul Brace, Over 60’s Club Aimee Stone, RLS Football Club and Sports and Social Club Mrs Tracy Burton, Sports and Social Club Mr Greg Cooper , Over 60’s Club Mr Michael Gomez , Langport FC
TUSTEES Mr Simon Martin Mr Steve Williams Mr James Benton Veterans FC Ms Nicola French Trustees to be Registered with the Charities Commission Mrs Michelle Crumb Langport Town Council Mr Peter Porter Huish Episcopi Parish Council
1
Langport and Huish Episcopi Recreation Field Management Committee
3. ACCOUNTS
The Annual Accounts for 2019-2020 and 2020.2021 were Audited my Jean Loveday & Co and approved in the minutes of the committee meeting of the 8[th] September 2021
The Accounts for 2019-2020 were delayed following the accountant contracting Covid and Long Covid.
The Accounts were sent to the Charities Commission by Post as they were not available electronically.
The Committee were very grateful for the financial support given by South Somerset District Council during the Pandemic
4. NEW CONSTITUTION
When an improved constitution for the charity was discussed in 2017 the Secretary initially prepared one following the Charities Commission Template but when this was presented to the committee for approval the then Langport Town Council Clerk proposed getting the Town Council’s Solicitors to carry out this task and apart to hearing that it was returned to them the committee has failed to get a satisfactory explanation from the various representatives from Langport Town Council or the new Town Clerk. The committee agree at an association format for the new constitution so that all member organisations could be represented and at the last meeting it was discussed that the Secretary/Treasurer would re submit an updated constitution to the Charities commission
5. REPLACEMENT CHANGING ROOMS
O2i Architects have been asked to get tenders and quotes for new changing rooms based on the design accepted by the North Area Planning Committee and they are now due. Once received and accepted by the Committee then the extent of additional funding required can be assessed. This will also lead to discussions with the chosen builder on a programme of works and the need to hire temporary changing facilities
5. INSURANCE
The insurance for all liabilities has been renewed with Zurich at a very competitive price following no objections from Committee Members
6. CHILDREN’S PLAYGROUND
The Children’s Playground has had it’s annual inspection and Lee Harbin has carried out the work required following the inspection
2
Langport and Huish Episcopi Recreation Field Management Committee
7. CLUB PAVILLION
A design drawing of works required to adapt the existing Male and Female Toilets and the old referees changing room into new toilets and a disabled toilet and baby changing facility has been acquired and accepted. This will be partly funded by a grant from “Ground Works” through the Tesco Community Grants Scheme that has been approved so please get friends and relatives to support this through the “blue tokens “scheme in store
8.OVER 60’S CLUB
The Over 60’s club has restarted following the pandemic shut down and the usual meetings and bus trips are taking place
9. GROUNDS MAINTENANCE
The Grounds Maintenance Contractor has retired and passed the contract to one of his employees and is continuing to maintain the site and sports field to a very high standard and keeps the site largely free of litter although this continues to be a problem. The contract has been extended to 2023 and will be signed by the new contractor
Dog Fouling Signs have been erected any one noticing this occurring can contact the SSDC Dog Warden
10 FOOTBALL
There are now four football teams using the facilities since the Saints packed in and moved up to the Academy to use the all-weather Astro turf pitch. RLS were promoted last season so good luck to them
11. BINGO CLUB
Well attended and continues but now run by the Sports and Social Club as Liz Lennox has retired having success fully run it for many years
12. COMMUNITY BENEFITS
The past two years have demonstrated the importance of well-maintained open spaces as a place for organised sport and outdoor activities even more so in the Pandemic where the community could exercise freely and when the restrictions were eased re-opening the playground encourage children to play and express themselves in a safe environment
At the last committee meeting it was mentioned that the Memorial Field Play
3
Langport and Huish Episcopi Recreation Field Management Committee
Ground is the only one in the Langport Area not maintained and inspected by the South Somerset Parks and Leisure so perhaps they could be approached to contribute to the inspection and upkeep of this facility
13. VANDALISM
The Memorial Field and Premises continue to be subject to spates of vandalism the latest incident was the damage to the CCTV System Fortunately the culprit was caught on camera and identified and is now a subject of police inquiries and possible prosecution as he has a long history of offences in the local area.
14 PARISH AND TOWN COUNCIL COMMITTEE MEMBERS
Following the recent County, Parish and Town Council Elections and Shirley Nicholas’s resignation from the Chair of Huish Episcopi Parish Council . The representatives of the Parish Council is now Peter Porter and AN Other (yet to be nominated) and Cllr Crumb and Dromgoole from Langport Town Council. Barry Horsgood and Shirley Nicholas have agreed to continue on the Management Committee.
Pre pandemic Yvonne Walker was going to take over as Clerk / Treasurer and Roger Pearce was going to see through the development of the Changing Rooms and Funding but Yvonne Walker has since found an alternative position in the Primary School and the post advertised
15. PHOTOVOLTAIC PABEL INSTALLATION
Solar panels were installed on the Pavilion, financed by a local authority grant and organised by Councillors Keith Peto and Stephen Tate and initially showed no reduction in power consumption but following the installer being called back to check the installation is now showing a considerable reduction in energy costs
Barry Horsgood
Acting Chairman
4
REGISTERED CHARITY NUMBER: 304573
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 March 2022
for
Langport & Huish Episcopi Memorial Field
Somerset Accountancy Services Ltd 22 Wessex Park Bancombe Business Estate Somerton Somerset TA11 6SB
Langport & Huish Episcopi Memorial Field
Contents of the Financial Statements for the Year Ended 31 March 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 8 |
| Detailed Statement of Financial Activities | 9 |
Langport & Huish Episcopi Memorial Field
for the Year Ended 31 March 2022
Report of the Trustees
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
304573
Principal address
18 St. Mary's Park Huish Episcopi Langport Somerset TA10 9HD
Trustees
Mr S R J Williams Mrs S Nicholas Mr J Benton Mr S J Martin Mrs N M French
Secretary/Treasurer
Mr R Pearce
Independent Examiner
Somerset Accountancy Services Ltd 22 Wessex Park Bancombe Business Estate Somerton Somerset TA11 6SB
Approved by order of the board of trustees on 5 January 2023 and signed on its behalf by:
Mrs S Nicholas - Trustee
Page 1
Independent Examiner's Report to the Trustees of Langport & Huish Episcopi Memorial Field
Independent examiner's report to the trustees of Langport & Huish Episcopi Memorial Field
I report to the charity trustees on my examination of the accounts of Langport & Huish Episcopi Memorial Field (the Trust) for the year ended 31 March 2022.
Responsibilities and basis of report
As the charity trustees of the Trust 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 Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all 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 in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
B Evans Somerset Accountancy Services Ltd 22 Wessex Park Bancombe Business Estate Somerton Somerset TA11 6SB
5 January 2023
Page 2
Langport & Huish Episcopi Memorial Field
Statement of Financial Activities
for the Year Ended 31 March 2022
| 31.3.22 | 31.3.21 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 22,523 | 35,969 | |
| Investment income | 2 | 4,594 | 1,444 |
| Total | 27,117 | 37,413 | |
| EXPENDITURE ON | |||
| Other | 32,163 | 18,564 | |
| NET INCOME/(EXPENDITURE) | (5,046) | 18,849 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 26,005 | 7,156 | |
| TOTAL FUNDS CARRIED FORWARD | 20,959 | 26,005 |
The notes form part of these financial statements
Page 3
Langport & Huish Episcopi Memorial Field
Balance Sheet
31 March 2022
| 31.3.22 | 31.3.21 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 5 | 1,500 | 1,500 |
| CURRENT ASSETS | |||
| Debtors | 6 | - | 1,287 |
| Cash at bank and in hand | 20,185 | 23,518 | |
| 20,185 | 24,805 | ||
| CREDITORS | |||
| Amounts falling due within one year | 7 | (726) | (300) |
| NET CURRENT ASSETS | 19,459 | 24,505 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 20,959 | 26,005 | |
| NET ASSETS | 20,959 | 26,005 | |
| FUNDS | 8 | ||
| Unrestricted funds | 20,959 | 26,005 | |
| TOTAL FUNDS | 20,959 | 26,005 |
The financial statements were approved by the Board of Trustees and authorised for issue on 5 January 2023 and were signed on its behalf by:
Mrs S Nicholas - Trustee
The notes form part of these financial statements
Page 4
Langport & Huish Episcopi Memorial Field
Notes to the Financial Statements for the Year Ended 31 March 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 31.3.22 | 31.3.21 | |
| £ | £ | |
| Room Hire | 1,904 | 124 |
| Pitch Hire | 2,690 | 1,320 |
| 4,594 | 1,444 |
Page 5
continued...
Langport & Huish Episcopi Memorial Field Notes to the Financial Statements - continued for the Year Ended 31 March 2022
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
5.
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 35,969 |
| Investment income | 1,444 |
| Total | 37,413 |
| EXPENDITURE ON | |
| Other | 18,564 |
| NET INCOME | 18,849 |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 7,156 |
| TOTAL FUNDS CARRIED FORWARD | 26,005 |
| TANGIBLE FIXED ASSETS | |
| Storage | |
| container | |
| £ | |
| COST | |
| At 1 April 2021 and 31 March 2022 | 1,500 |
| NET BOOK VALUE | |
| At 31 March 2022 | 1,500 |
| At 31 March 2021 | 1,500 |
Page 6
continued...
Langport & Huish Episcopi Memorial Field
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 31.3.22 | 31.3.21 | |||
|---|---|---|---|---|
| £ | £ | |||
| Trade debtors | - | 1,287 | ||
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||
| 31.3.22 | 31.3.21 | |||
| £ | £ | |||
| Trade creditors | 726 | 300 | ||
| 8. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.4.21 | in funds | 31.3.22 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 26,005 | (5,046) | 20,959 | |
| TOTAL FUNDS | 26,005 | (5,046) | 20,959 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 27,117 | (32,163) | (5,046) | |
| TOTAL FUNDS | 27,117 | (32,163) | (5,046) | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | At | |||
| At 1.4.20 | in funds | 31.3.21 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 7,156 | 18,849 | 26,005 | |
| TOTAL FUNDS | 7,156 | 18,849 | 26,005 |
continued...
Page 7
Langport & Huish Episcopi Memorial Field
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
8. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 37,413 | (18,564) | 18,849 |
| TOTAL FUNDS | 37,413 | (18,564) | 18,849 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.20 | in funds | 31.3.22 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 7,156 | 13,803 | 20,959 |
| TOTAL FUNDS | 7,156 | 13,803 | 20,959 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 64,530 | (50,727) | 13,803 |
| TOTAL FUNDS | 64,530 | (50,727) | 13,803 |
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
Page 8
Langport & Huish Episcopi Memorial Field
Detailed Statement of Financial Activities for the Year Ended 31 March 2022
| 31.3.22 | 31.3.21 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Grants including Covid Support | 22,523 | 35,969 |
| Investment income | ||
| Room Hire | 1,904 | 124 |
| Pitch Hire | 2,690 | 1,320 |
| 4,594 | 1,444 | |
| Total incoming resources | 27,117 | 37,413 |
| EXPENDITURE | ||
| Support costs | ||
| Management | ||
| Insurance | 873 | 873 |
| Other | ||
| Wages - Secretary & Treasurer | 650 | 1,250 |
| Postage and stationery | 177 | 144 |
| Sundries | - | 1,630 |
| Service & Maintenance Club House | 13,729 | 5,812 |
| Maintenance Pitch & Playground | 8,934 | 8,705 |
| Langport & Huish Episcopi Sports and Social | ||
| Club Covid Support | 5,268 | - |
| Defibrillator | 1,806 | - |
| 30,564 | 17,541 | |
| Governance costs | ||
| Accountancy and legal fees | 726 | 150 |
| Total resources expended | 32,163 | 18,564 |
| Net (expenditure)/income | (5,046) | 18,849 |
This page does not form part of the statutory financial statements
Page 9
REGISTERED CHARITY NUMBER: 304573
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 March 2022
for
Langport & Huish Episcopi Memorial Field
Somerset Accountancy Services Ltd 22 Wessex Park Bancombe Business Estate Somerton Somerset TA11 6SB
Langport & Huish Episcopi Memorial Field
Contents of the Financial Statements for the Year Ended 31 March 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 8 |
| Detailed Statement of Financial Activities | 9 |
Langport & Huish Episcopi Memorial Field
for the Year Ended 31 March 2022
Report of the Trustees
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
304573
Principal address
18 St. Mary's Park Huish Episcopi Langport Somerset TA10 9HD
Trustees
Mr S R J Williams Mrs S Nicholas Mr J Benton Mr S J Martin Mrs N M French
Secretary/Treasurer
Mr R Pearce
Independent Examiner
Somerset Accountancy Services Ltd 22 Wessex Park Bancombe Business Estate Somerton Somerset TA11 6SB
Approved by order of the board of trustees on 5 January 2023 and signed on its behalf by:
Mrs S Nicholas - Trustee
Page 1
Independent Examiner's Report to the Trustees of Langport & Huish Episcopi Memorial Field
Independent examiner's report to the trustees of Langport & Huish Episcopi Memorial Field
I report to the charity trustees on my examination of the accounts of Langport & Huish Episcopi Memorial Field (the Trust) for the year ended 31 March 2022.
Responsibilities and basis of report
As the charity trustees of the Trust 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 Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all 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 in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
B Evans Somerset Accountancy Services Ltd 22 Wessex Park Bancombe Business Estate Somerton Somerset TA11 6SB
5 January 2023
Page 2
Langport & Huish Episcopi Memorial Field
Statement of Financial Activities
for the Year Ended 31 March 2022
| 31.3.22 | 31.3.21 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 22,523 | 35,969 | |
| Investment income | 2 | 4,594 | 1,444 |
| Total | 27,117 | 37,413 | |
| EXPENDITURE ON | |||
| Other | 32,163 | 18,564 | |
| NET INCOME/(EXPENDITURE) | (5,046) | 18,849 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 26,005 | 7,156 | |
| TOTAL FUNDS CARRIED FORWARD | 20,959 | 26,005 |
The notes form part of these financial statements
Page 3
Langport & Huish Episcopi Memorial Field
Balance Sheet
31 March 2022
| 31.3.22 | 31.3.21 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 5 | 1,500 | 1,500 |
| CURRENT ASSETS | |||
| Debtors | 6 | - | 1,287 |
| Cash at bank and in hand | 20,185 | 23,518 | |
| 20,185 | 24,805 | ||
| CREDITORS | |||
| Amounts falling due within one year | 7 | (726) | (300) |
| NET CURRENT ASSETS | 19,459 | 24,505 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 20,959 | 26,005 | |
| NET ASSETS | 20,959 | 26,005 | |
| FUNDS | 8 | ||
| Unrestricted funds | 20,959 | 26,005 | |
| TOTAL FUNDS | 20,959 | 26,005 |
The financial statements were approved by the Board of Trustees and authorised for issue on 5 January 2023 and were signed on its behalf by:
Mrs S Nicholas - Trustee
The notes form part of these financial statements
Page 4
Langport & Huish Episcopi Memorial Field
Notes to the Financial Statements for the Year Ended 31 March 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 31.3.22 | 31.3.21 | |
| £ | £ | |
| Room Hire | 1,904 | 124 |
| Pitch Hire | 2,690 | 1,320 |
| 4,594 | 1,444 |
Page 5
continued...
Langport & Huish Episcopi Memorial Field Notes to the Financial Statements - continued for the Year Ended 31 March 2022
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
5.
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 35,969 |
| Investment income | 1,444 |
| Total | 37,413 |
| EXPENDITURE ON | |
| Other | 18,564 |
| NET INCOME | 18,849 |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 7,156 |
| TOTAL FUNDS CARRIED FORWARD | 26,005 |
| TANGIBLE FIXED ASSETS | |
| Storage | |
| container | |
| £ | |
| COST | |
| At 1 April 2021 and 31 March 2022 | 1,500 |
| NET BOOK VALUE | |
| At 31 March 2022 | 1,500 |
| At 31 March 2021 | 1,500 |
Page 6
continued...
Langport & Huish Episcopi Memorial Field
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 31.3.22 | 31.3.21 | |||
|---|---|---|---|---|
| £ | £ | |||
| Trade debtors | - | 1,287 | ||
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||
| 31.3.22 | 31.3.21 | |||
| £ | £ | |||
| Trade creditors | 726 | 300 | ||
| 8. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.4.21 | in funds | 31.3.22 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 26,005 | (5,046) | 20,959 | |
| TOTAL FUNDS | 26,005 | (5,046) | 20,959 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 27,117 | (32,163) | (5,046) | |
| TOTAL FUNDS | 27,117 | (32,163) | (5,046) | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | At | |||
| At 1.4.20 | in funds | 31.3.21 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 7,156 | 18,849 | 26,005 | |
| TOTAL FUNDS | 7,156 | 18,849 | 26,005 |
continued...
Page 7
Langport & Huish Episcopi Memorial Field
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
8. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 37,413 | (18,564) | 18,849 |
| TOTAL FUNDS | 37,413 | (18,564) | 18,849 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.20 | in funds | 31.3.22 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 7,156 | 13,803 | 20,959 |
| TOTAL FUNDS | 7,156 | 13,803 | 20,959 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 64,530 | (50,727) | 13,803 |
| TOTAL FUNDS | 64,530 | (50,727) | 13,803 |
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
Page 8
Langport & Huish Episcopi Memorial Field
Detailed Statement of Financial Activities for the Year Ended 31 March 2022
| 31.3.22 | 31.3.21 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Grants including Covid Support | 22,523 | 35,969 |
| Investment income | ||
| Room Hire | 1,904 | 124 |
| Pitch Hire | 2,690 | 1,320 |
| 4,594 | 1,444 | |
| Total incoming resources | 27,117 | 37,413 |
| EXPENDITURE | ||
| Support costs | ||
| Management | ||
| Insurance | 873 | 873 |
| Other | ||
| Wages - Secretary & Treasurer | 650 | 1,250 |
| Postage and stationery | 177 | 144 |
| Sundries | - | 1,630 |
| Service & Maintenance Club House | 13,729 | 5,812 |
| Maintenance Pitch & Playground | 8,934 | 8,705 |
| Langport & Huish Episcopi Sports and Social | ||
| Club Covid Support | 5,268 | - |
| Defibrillator | 1,806 | - |
| 30,564 | 17,541 | |
| Governance costs | ||
| Accountancy and legal fees | 726 | 150 |
| Total resources expended | 32,163 | 18,564 |
| Net (expenditure)/income | (5,046) | 18,849 |
This page does not form part of the statutory financial statements
Page 9