## ||||Pages| |---|---|---|---| |Trustees'
Annual
Report|||| |Independent
Examiner's||Report|| |Statement ofFinanrial|Activities||| |Balance Sheet|||| |Notes tothe Accounts|||| |Detailed Statement of|Financial Activities||18| ## ## ## ## |K. Bawdon|From 1stOctober 2020| |---|---| |D. Hole|From 1stOctober 2020| |B.Holloway|From 1stOctober 2020| |R, Holloway|From 1stOctober 2020| |J.Mash|From 1stOctober 2020| |S.Rees|From 1stOctober 2020| |J.Thompson|From 1stOctober 2020| |M.Thompson|From 1stOctober 2020| |R.Wyatt|| |I. Harvey|Until 30th September 2020| |L, Leach|Until 30th September 2020| |J.Hawthorn|Until 30th September 2020| ## ## ## ## ## ## ## ## ## ## ## |for the year ended 30April 20|21||||| |---|---|---|---|---|---| |||Unrestricted|Endowment||| |||funds|funds|Total funds|Total funds| |||2021|2021|2021|2020| ||Notes|E|E|E|E| |Income and endowments|||||| |from:|||||| |Charitable
activities||22,860||22,860|28,349| |Other trading activities||12,042||12,042|1,227| |Other||63,732||63,732|4,565| |Total||98,634||98,634|34,141| |Expenditure
on:|||||| |Raising funds||9,386||9,386|| |Other||82,714|21,414|104,128|82,026| |Total||92,100|21,414|113,514|82,026| |Net gains on investments|||||| |Net expenditure||6,534|(21,414)|(14,880)|(47,885)| |Transfers between
funds|||||| |Net expenditure
before other
gains/(losses)||6,534|(21,414)|(14,880)|(47,885)| |Other gains and losses|||||| |Gains on revaluation
of
fixed assets|||881,770|881,770|| |Other Gains||30,842|60,832|91,674|| |Net movement
in funds||37,376|921,188|958,564|(47,885)| |Reconciliation offunds:|||||| |Total funds brought
forward||201,459|785,678|987,137|1,035,022| |Total funds canied forward||238,835|1,706,866|1,945,701|987,137| ## |Charity No. 304|58|9||||2021|2020| |---|---|---|---|---|---|---|---| |||||||E|E| |Fixed assets|||||||| |Tangible assets|||||11|1,706,866|846,510| |||||||1,706,866|846,510| |Current assets|||||||| |Stocks|||||12|3,000|4,012| |Debtors|||||13|111|1,571| |Cash at bank|and||in hand|||235,724|211,364| |||||||238,835|216,947| |Creditors: Amount||falling due within||one year|14||(76,320)| |Net current assets||||||238,835|140,627| |Total assets less current liabilities||||||].,945,701|987,137| |Net assets exduding|||pension asset|or liability||1,945,701|987,137| |Total net assets||||||1,945,701|987,137| |The funds ofthe charity|||||||| |Restricted funds|||||15||| |Endowment|funds|||||825,096|785,678| |||||||825,096|785,678| |Unrestricted
funds|||||15||| |General funds||||||238,835|201,459| |||||||238,835|201,459| |Reserves|||||15||| |Revaluation|reserve|||||881,770|| |||||||881,770|| |Total funds||||||1,945,701|987,137| ## ## ## |Fund accou|nting||||||| |---|---|---|---|---|---|---|---| |Unrestricted|funds|These are available for use atthe discretion ofthe|trustees||in furtherance|of|the| |||general objects ofthe charity.|||||| |Designated|funds|These are unrestricted
funds earmarked
by the trustees for particular
purposes.|||||| |Revaluation|funds|These are unrestricted
funds which include a revaluation||reserve representing|||the| |||restatement
ofinvestment
assets at their market|values.||||| |Restricted funds||These are available for use subject to restrictions|imposed||by the donor or||| |||through
terins ofan appeal.|||||| ## |Income|Income|||||| |---|---|---|---|---|---|---| |Recognition||of||Income is included
in the Statement ofFinancial Activities (SoFA) when the||charity| |income||||becomes entitled to, and virtually
certain to receive, the income and|the amount|| |||||ofthe income can be measured
with sufficient
reliability.||| |Income with||related||Where income has related expenditure
the income and related expenditure||is| |expenditure||||reported gross in the SoFA.||| |Donations|and|||Voluntary
income received
by way ofgrants, donations
and gifts is included||in the| |legacies||||the SoFA when receivable
and
only when the Charity has unconditional||| |||||entitlement
tothe income.||| |Tax reclaims||on||Income from tax reclaims
is included
in the SoFA at the same time as|the|| |donations|and||gifts|gift/donation
to which
it relates,||| |Donated services||||These are only included
in income (with an equivalent
amount
in expenditure)||| |and facilities||||where the benefit tothe Charity
is reasonably
quantifiable,
measurable
and||| |||||material.||| |volunteer|help|||The value ofany volunteer
help received
is not included
in the accounts.||| |Investment||income||This is included
in the accounts when receivable.||| |Gains/(losses)|||on|This includes any gain or loss resulting from revaluing
investments
to|market value|| |revaluation||of|fixed|at the end ofthe year.||| |assets||||||| |Gains/(losses)|||on|This includes any gain or loss on the sale ofinvestments.||| |investment||assets||||| |Expenditure||||||| |Recognition||of||Expenditure
is recognised
on an accruals basis. Expenditure
includes any VAT||| |expenditure||||which cannot be fully recovered,
and is reported as part ofthe expenditure||to| |||||which it relates.||| |Expenditure||on||These comprise the costs associated
with attracting
voluntary
income, fundraising||| |raising funds||||trading costs and investment
management
costs.||| |Expenditure||on||These comprise the costs incurred
by the Charity
in the delivery ofits|activities|| |charitable|activities|||and services
in the furtherance
of its objects, including
the making of|grants|and| |||||governance
costs.||| |Grants payable||||All grant expenditure
is accounted
for on an actual paid basis plus an|accrual|for| |||||grants that have been approved
by the trustees at the end ofthe year but not yet||| |||||paid.||| |Governance||costs||These include those costs associated
with meeting the constitutional|and|| |||||statutory
requirements
ofthe Charity, including
any audit/independent||| |||||examination
fees, costs linked to the strategic management
ofthe Charity,||| |||||together with a share ofother administration
costs.||| |Other expenditure||||These are support
costs not allocated to a particular
activity.||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |2|Statement|ofFinancial||Activities - prior year|||| |---|---|---|---|---|---|---|---| |||||||Unrestricted|| |||||||funds|Total funds| |income and endowments|||from:||||| ||Chadtable|activities||||28,349|28,349| ||Other trading activities|||||1,226|1,226| ||Other|||||4,565|4,565| |Total||||||34,140|34,140| |Net|income|||||34,140|34,140| |Net income before other
gains/(losses)||||||34,140|34,140| |Other gains and losses:|||||||| |Net|movement|in funds||||34,140|34,140| |Reconciliation||offunds:|||||| |Total funds carried forward||||||34,140|34,140| |3|Income from charitable|||activities|||| ||||||Unrestricted|Total|Total| |||||||2021|2020| |||||||F.|6| ||Section charges||||22,860|22,860|28,349| ||||||22,860|22,860|28,349| |4|Income from other trading activities||||||| ||||||Unrestricted|Total|Total| |||||||2021|2020| ||||||6||| ||Bar and catering||||7,649|7,649|1,227| ||Social club|subscriptions|||4,048|4,048|| ||Lettings and hire||||345|345|| ||||||12,042|12,042|1,227| |5|Other income||||||| ||||||Unrestricted|Total|Total| |||||||2021|2020| ||||||||6| ||Solar panel|income|||2,319|2,319|4,281| ||Sank interest received||||71|71|284| ||Grants||||41,379|41,379|| ||Other||||19,963|19,963|| ||||||63,732|63,732|4,565| |6|Expenditure
on raising||funds|||||| |---|---|---|---|---|---|---|---|---| |||||||Unrestr icted|Total|| ||||||||2021|| ||Fundraisi ng trading costs|||||||| ||Bar and catering|||||9,386|9,386|| |||||||9,386|9,386|| |7|Other expenditure|||||||| ||||||Unrestricted|Endowment|Total|Total| ||||||||2021|2020| ||Employee costs||||33,773||33,773|| ||Premises costs||||42,849||42,849|47,450| ||Amortisation,
depreciation,|||||||| ||impairment,
profit/loss||on|||21,414|21,414|21,748| ||disposal offixed assets|||||||| ||General administrative||costs||4,012||4,012|3,404| ||Legal and professional|costs|||2,080||2,080|9,424| ||||||82,714|21,414|104,128|82,026| |8|Net expenditure
before||transfers|||||| |||||||2021||2020| ||This isstated after charging:|||||E||E| ||Depreciation ofowned||fixed|assets||21,414||21,748| ||Independent
Examiner's||fee|||2,081||| |9|Trustee remuneration|and expenses||||||| |||||||2021||2020| |||||||Number||Number| ||Number oftrustees
paid expenses|||||2||| ||The nature ofthe reimbursed|||expenses|Reimbursement|of MRC purchases|made from|personal| ||||||resources|||| ## |10|Staff costs|| |---|---|---| ||Salaries and wages|27,016| ||Pension costs|5,418| |||32,434| ## |The average monthly|number offull time|equivalent|employees|during the year was as follows:|during the year was as follows:|during the year was as follows:| |---|---|---|---|---|---|---| |||||2021||2020| |||||Number||Number| |Backoffice||||||1| |Cleaning
and maintenance||||||2| |Social club||||||1| |The Charity's
pension|scheme is operated|by nest||||| |Tangible Rxed assets||||||| |||land and||Sports|8mldmg|Total| |||buildings||Surfaces|contents|| |Cost or revaluation||||||| |At1May 2020||793,669|||74,589|868,258| |Revaluation||506,331|||353,691|860,022| |Transfers||||211,771|(211,771)|| |Disposals||||||| |At 30April 2021||1,300,000||211,771|216,509|1,728,280| |Depreciation
and||||||| |impairment||||||| |At 1May 2020|||7,991||13,757|21,748| |Depreciation
charge|forthe|||10,589|10,825|21,414| |year||||||| |Revaluation|||(7,991)||(13,757)|(21,748)| |Disposals||||||| |At 30April 2021||||10,589|10,825|21,414| |Net book values||||||| |At 30April 2021||1,300,000||201,182|205,684|1,706,866| |At 30April 2020||785,678|||60,832|846,510| |Net book values of|assets|||||| |held under finance leases||||||| |and hire purchase contracts||||||| ## ## |12|Stocks|||||| |---|---|---|---|---|---|---| ||||||2021|2020| ||||||E|E| ||Raw materials||and consumables||3,000|4,012| ||||||3,000|4,012| ||Carrying value||analysed|by activities|2021|2020| ||||||E|E| ||Bar and catering||||3,000|4,012| ||||||3,000|4,012| |13|Debtors|||||| ||||||2021|2020| ||||||E|E| ||VAT recoverable||||111|1,571| |||||||1,571| |14|Creditors:|||||| ||amounts|falling due within one year||||| ||||||2021|2020| ||||||E|E| ||Other creditors|||||76,320| |||||||76,320| ## |||||Incoming||| |---|---|---|---|---|---|---| ||||At 1May|resources
(including
other|Resources
expended|At 30April
2021| ||||2020|gains/losses)||| |||||E||| |Restricted funds:||||||| |Endowment|funds:|||||| ||||785,678|60,832|(21,414)|825,096| |Total|||785,678|60,832|(21,414)|825,096| |Unrestricted|funds:|||||| |General funds|||201,459|129,476|(92,100)|238,835| |Revaluation|Reserves:|||||| |Endowment|funds:|||||| |||||881,770||881,770| |Total||||881,770||881,770| |Revaluation|fund|||||| |Total revaluation||reserves||881,770||881,770| |Totaifunds|||987,137|1,072,078|(113,514)|1,945,701| ## |16|Analysis ofnet assets between funds|||| |---|---|---|---|---| |||Unrestricted|Restricted|| |||||Total| |||funds|funds|| |||E|E|E| ||Fixed assets||1,706,866|1,706,866| ||Net current assets|238,835||238,835| |||238,835|1,706,866|1,945,701| |17|Reconciliation ofnet debt|||| |||At 1May||At 30April| |||2020|Cash Rows|2021| |||E|E|E| ||Cash and cash equivalents|211,364|24,360|235,724| |||211,364|24,360|235,724| ||tfet debt|211,364|24,360|235,724| ## ## |Annual
co|mmitments
under non-cancellable|operating
leases ar|e as follows| |---|---|---|---| |||2021|2021| |||tend and|| ||||Other| |||buildings|| |||E|| |Operating|leases with expiry date:||| |Pension commitments|||| ||||2021| ||||g| |The pension cost charge to the charity|||| |amounted|to:||5,418| ## ## ||||Unrestricte|Endowment||| |---|---|---|---|---|---|---| ||||d funds|funds|Total funds|Total funds| ||||2021|2021|2021|2020| |||||f|f|| |income and endowments||from:||||| |Charitable
activities||||||| |Section charges|||22,860||22,860|28,349| ||||22,860||22,860|28,349| |Other trading activities||||||| |Barand catering|||7,649||7,649|1,227| |Social club subscriptions|||4,048||4,048|| |Lettings and hire|||345||345|| ||||12,042||12,042|1,227| |Other||||||| |Solar panel income|||2,319||2,319|4,281| |Bank interest
received|||71||71|284| |Grants|||41,379||41,379|| |Other|||19,963||19,963|| ||||63,732||63,732|4,565| |Total income and endowments|||98,634||98,634|34,141| |Expenditure
on:||||||| |Costs ofother trading|activities|||||| |Bar and catering|||9,386||9,386|| ||||9,386||9,386|| |Total ofexpenditure
funds|on|raising|9,386||9,386|| |Employee costs||||||| |Salaries/wages|||27,016||27,016|| |Pension costs|||5,418||5,418|| |Staff welfare|||1,339||1,339|| ||||33,773||33,773|| |Premises costs||||||| |Rates|||728||728|| |i ight, heat and power|||5,759||5,759|19,711| |Premises cleaning|||6,096||6,096|| |Premises insurances|||4,664||4,664|| |Premises repairs and
maintenance|||19,523||19,523|7,578| |Other premises costs|||6,079||6,079|20,161| ||||42,849||42,849|47,450| |General administrative||costs,||||| |including
depreciation||and||||| |arnortisation||||||| |Mizzymead
Recreation Centre|||||| |---|---|---|---|---|---| |Detailed Statement ofFinancial|Activities||||| |Depreciation
ofland and
buildings|||||7,991| |Depreciation
ofSports Surfaces|||||| |Depreciation
ofBuilding|||||| |contents|||||| |Depreciation
of|||21,414|21,414|13,757| |Bank charges||128||128|1,006| |Stationery
and printing|||||924| |Subscriptions||1,459||1,459|1,118| |Sundry expenses||2||2|356| |Telephone, fax and broadband||2,423||2,423|| |||4,012|21,414|25,426|25,152| |Legal and professional
costs|||||| |Accountancy
and bookkeeping||2,080||2,080|6,077| |Other legal and professional
costs|||||3,347| |||2,080||2,080|9,424| |Total ofexpenditure
ofother costs||82,714|21,414|104,128|82,026| |Total expenditure||92,100|21,414|113,514|82,026| |Net gains on investments|||||| |Net expenditure||6,534|(21,414)|(14,880)|(47,885)| |Net expenditure
before other
gains/(losses)||6,534|(21,414)|(14,880)|(47,885)| |Other recognised
gains and losses|||||| |Gains on revaluation
offixed|||||| |assets|||881,770|881,770|| |Other Gains||30,842|60,832|91,674|| |Net movement
in funds||37,376|921,188|958,564|(47,885)| |Reconciliation offunds:|||||| |Total funds brought forward||201,459|785,678|987,137|1,035,022| |Total funds carried forward||238,835|1,706,866|1,945,701|987,137|