Mlzzymead Reueatl¢M Centre
Charlty No. 304589
Truste•s' Report and Unaudlted Accounts
30 Aprfl 2023

Mlwmead Recre*lon Centre
Contsnts
Pages
Tru5tees' Annual Report
Independent Examlnerfs Report
Ststement of Flnancial Artivltles
Balance Sheet
Notes to the accounts
Statement of Cash flows
17
Detalled Statement of Financial Activities
Page I

Mlzrymead Reueathn Centre
Trustees Annual Report
The truslees present thelr report wrth the unaudited financial ststements of the charrty for the year Ènded
30 April 2023.
REFERENCE AND ADMINISTRATIVE DEfAILS
Charlty No. 304589
Principal OFfi¢e
Mizzymead Recreation Centre
Mlzzymead Rise
Nai15ea
Bristol
BS48 2JJ
Trustees
The followlng trustees served during the year.
R Wyatt
C Waller
R Chappell
P Faulkner
R Holloway
Scury
K Bawdon
J Clarke
Holloway
M Lockton
K•y Mana8ement Personnel
President
Hon Chalrman
Hon Secretsry
Hon Treasurer
Mr R Wyatt
Mrs Curry
Vacanry
Mrc Waller
AcMunt•nts
Klngston & Co
2 Colliers Gardens
Backwell
Brfstol
8S48 3DT
Bankers
Santsnder UK PLC
CAF Bank Llmited
Scottish Widow5 Bank
Pa8e 2

Mlzzymead Recreatlon Centre
Truslees Annual Report
OBJEcfivES AND AcnviTIES
Mizrymead Recreation Centre IMRC} was established by a Trust Deed dated 01 June 1965 to provlde sports
and recreatlon facilities for the benefit of the residents of the Parfsh of Nailsea. rrtle to the land at
Mizzymead Rise was vested in the Charity Commi55ioners by Order dated 06 September 1973.
The Cent￿ provldes facllltles for Six key organisations: Indoor Bowls, Outdoor Bowls, Ladle5 Bowls, Tennls.
Brldge and Snooker. Their seasons vary throughout the year. All facilities are available for use by the
residents of Nailsea and surrounding Parlshes. The Centre faalitie5 are also used by a musical Comedy club. a
mums and toddlers group. two line danclng groups. a ballroom dancing 8foup* a dementia support 8foupi
keep fit 50+ 8foupi Slimmlng Wodd, the local Rotary Club. the local Stamp and Postcard Club and for yo8a
cla55es and bingo. The Centre hosts regular and occaslonal meetings of other organisations.
The Trustees confirm that they had regard to the Charlty Commlsslon guldance on public beneflt In the
runnlng of the Miuymead Re¢reatlon Centre. Repre5entstlves of the respective sports clubs are as follow5:
Brld8e (Mr K Bawdonl
Nai15ea 8owls Club (Mr R Chappell)
Nallsea Ind¢)or Bowls Club Imr B Holloway and Mrs R Holloway}
Nailsea Ladles Bowls aub Imrs J Clarke)
Snooker Imr P FaulknÈrl
Tennls (Mrs M Locktonl
ACHIEVEMENTS AND PERFORMANCE
Mlzrymead Reereatlon Centre continues to pmwde 5POrts and recreatlon faclllt5e5 for the benefit of the
resldènts of Nallsea and the surrounding area.
The philatellc society decSded to dose and another group reduced the number of tlmes they meet due to
falllng numbers.
Silmmln8 World have established Monday e¥enln8 and Tuesday momlng sesslon5 wlth a 7.30am stsrt to
enable people to call in on thelr way to work.
A board 8ame5 group has a150 been succe$5fulfy estsbli5hed.
A well-attended open day was held to celebrate the late (lueen's Platinum Jubilee.
All six sectlons have been fully attsve and have attracted new members.
The bar achleved a tradln8 surplus wlth tumover Increaslng by 55%.
Page 3

Mlzzymead Recreatkn Centre
Trustees Annual Report
FINANCIAL REVIEW
The new Indoor Bowls Hall roof was instslled during the summer as planned. However, the lev81 of VAT
Incurred on thi5 Cost exceeded the amount allowed for recovery under VAT Notice 706- Partlal Exemption.
The Increased outlay and retrospectlve re*wdluation cost were met wlthout the need to draw on reseNes.
Once the new roof w35 complete, a replacement bow15 carpet was instslled.
Investment was also made in replacin8 the Function Room alr condltioning units. The ability to schedule
multlple Swfjtch￿ff settings has prevented the unlts from belng acddentally left-on overnight.
The bar achleved a tradln8 surplus wth turnover increasin8 by 55
sTrucruRE, GOVERNANCE AND MANAGEMENT
A trust deed constltutes the 8overnln8 document and the charlty Is constltuted vla a Charltable Trust
Statement of tnistees, reSpon￿bIlItIeS In rnjatlon to the Ilnandal statements
The charlty Irustees are responslble for prepar1￿ a trustees, annual report and flnanclal ststements In
accordance wlth appllcable law arKI un￿ed Klngdom Atcountlng Standards Iunlted Kln8dom Generally
Accepted Accountln8 Practice).
The tW5tees are responslble for keeping proper accountin8 records that dlsclose wlth reasonable accuracy at
any time the financial position of the charity and to enable them to ensure that the financial ststements
comply wlth the Charitles Act 2011. the applicable Charlties (Accounts and Reports) Re8ulatlons, and the
provlslons of the Trust deed. The Trustees are also respons1b￿ for safeguording the a55ets of the charlty and
hence tskin8 re•sonable 3teps for the preventlon and detertlon of fraud and other Irregularitles.
The trustee5 are responslble for the malntenance and inte8rty of Informatk)n contsined within these
financial statements
Signed on behalf of the chèriws trustees
C. Waller
Trustee
30 April 2023
Page 4

Mlzzymead Recreatlon Centre
Independent Examlners Rewt
Independent Examlnerfs Report to the tr￿teeS of Miuymead Reveatlon C•ntre
I report to the trustees on my examination of the finan(ial ststements of Mlzzymead Recreation Centre for
the yèar ended 30 Aprtl 2023.
Re5ponslbllllles and basls of report
As the charity's trustees you are resrx)nslble for the preparation of the financial statements in accordance
wlth the requirements of the Charities Act 2011 l*he Arf).
I report In respert of my examination of the charrtys finandal ststements carried out under 5ectlon 145 of
the 2011 Act and In carrying out my examination I have followed all the applicable Dlrertions 8lven by the
Charlty Commission under section 14515llb) of the ACL
Independent examlner's si•tement
I have completed my examlnation. I can confirn that no material matters have come to my attentlon In
connectlon wlth the examlnatlon glvlng me cause to believe that in any materlal respert:
• the accountlng ￿e0rd5 were not kept In respect of the charlty as requlred by sertlon 130 of the Art: or
• the financlal statement5 do not accord with those records: or
• the financlal statements do not comply wrth the appllcable requlrements concemlng the form and
content of flnancial statements set out In the Charltles (Accounts and Reports) Regulations 2008 other
than any requlrement that the flnancial ststements give a 'true ond fair, vlew which Is not a matter
consldered as part of an Independert examlnation.
I have no concems and have come across Th> other matters In connectlon wlth the examlnatlon to whlch
attentlon should be drawn In thls report In order to ènable a proper understandln8 of the flnanclal
ststements to be reached.
James Klngston {ACMA CGMAI Chartered Instltute
of Management Accountants ICIMAI
Kln8Ston & Co
2 Colll•rs Gardens
Backwell
Bristol
BS48 3DT
30 Aprll 2023
Page 5

Mlzrymead Reueatlon Centre
Statement of Flnandal Artl¥ftle5
for the year ended 30 AprH 2023
funds
funds Total funds
2023
2023
Totrlfvnds
Income and ermlowments
from:
Charitable actlvftles
Other tradln8 actlvltles
Other
50,In
110,631
17,882
50,172
110,631
17.882
53.132
72.306
8,507
Tolal
178,685
178,685
133,945
Expendlture on:
Raising fund5
Other
36,429
iii,i
147,535
36,429
138,053
23,953
93.944
117.897
26.947
fotsl
26.947
174,482
Net gains on investments
Net 5ncome
31,150
126.9471
4.203
16.048
Transfers between fvnds
Net Income beforn oth•r
Inslllassesl
31.150
126,9471
4,203
16,048
Other i•lns and los
Losses on revaluatlon of
flxed assets
Other Galns
{16,647)
8.549
8,549
405
Net movem•nt In funds
39.699
126,9471
12.752
11941
Racondllatlon of funds:
Totsl funds brought forward
176,920
1.768.587
1.945,$07
1,945.701
Total funds urrled Iward
216,619
1,741.640
1.958.259
1.945.507
Page 6

M12rymead Recreatlon Centre
Balan¢e Sheet
at 30 Aprfl 2023
Charlty No. 304589
2022
Flxed assets
Tan8ible assets
11 1,769,879
L769,879
1.707,469
1.707,469
Current assets
stocks
Debtors
Cash at bank and Sn hand
5.632
24,357
208,205
238,194
149.8141
188,380
5,762
9.264
244,425
259,451
121,4131
238,038
1,945,507
1.945,507
Credhovs: Amount falllng due wlthln one year
Net ¢urrent assets
14
Total assets less current Ilabllttles
1.958,259
Net assets excludlng penslon ass•t or Ilablllty
Total net assets
1,958,259
1,958.259
1,945,507
The funds afthe ¢h•rlty
R•strlct•d funds
Endowment funds
16
859,869
859,869
886.816
886,816
Unrèstrlcted funds
General funds
16
216,619
176,920
216.619
176,920
Reserves
RevaluatSon reserve
16
881.771
881,771
881,771
881,771
Total funds
1,958.259
1,945,507
Approved by the trustees on 30 Aprll 2023
And slgned on thelr behalf by:
C. Waller
Trustee
30 April 2023
Pa8e 7

Mlzzymead Recreatlon Centre
Notes to the Accounts
for the year ended 30 Aprn 2023
l Accountlnz polldes
Basls of prepar•tlon
The flnancial ststements have been prepared In accordance wlth Ststement of Recommended Practlce..
Accountln8 and Reporknng by Charltles preparlng thelr èccounts in actordance wlth the Flnanclal
Reporting Standard applicable In the UK and Republic if Ireland IFRS 1021 issued on 16 July 2014 and the
Financlal Reporting Standard applicable in the Untted Kingdom and Republic of Ireland IFRS 1021 and the
Charities Att 2011.
Chanp In basts of accountlng or to we¥lous arcounts
There has been no change to the accountin8 policies (valuation rules and method of accountln81 slnce
last year and chan8es have been made to accounts for previous years.
Fund a¢¢ountlni
Unrestrlcted funds These are avaliable for use at the dlscretlon of the trustees In furtherance of the
general objects of the charity.
These are unrestricted funds earmarked by the trustee5 for partlcular purposes.
These are unrestricted lunds which Include a revaluation reserve representln8 the
reststement of investment assets at their market values.
These are ava113ble for use subjert to restrictlons Imposed by the donor or through
terrn5 of an appeal.
Deslgnated funds
Revaluatlon funds
Restrltted funds
Incom•
Recosnltlon of
Income
Income is included In the Ststement of Flnanclal Actlvltles ISOFAI whèn the charlty
becomes entitled to. and wrtually certain to receive. the income and the amount of
the Income can be measured with sufficlent reliablllty.
Income wlth related Where income has related expenditure the Income and related expenditure Is
expenditure
reported 8ros5 in the SOF
Donatlons and
legacles
Voluntary Income receTrved by vray of 8raTfts, donatlons and gifts Is Included In the
the SOFA when recebvbble and only when the Charity has unconditlonal entltlement
to the income.
Tax ￿ClaImS on
Income from tax redalm$1s Included In the SOFA at the same tlme as the
donatlons and glfts glftldonatlon to which it relates.
Donated services
These are only included in income Iwith an equfvalent amount In expenditure)
and facSlltles
where the benefrt to the Charty is re350nably quantifiable, measurable and
material.
Volunteer help
The value of any volunteer help recetved is not induded in the accounts.
Investment income This is induded In the accounts when recewable.
Gainslllossesl on
This indudes any gain or loss resulting from revaluing Investments to market value
revaluation of fixed at the end of the year.
assets
Ga5n51llosses) on
Investment 35sets
This indudes anygain or loss on the sabE of investments.
Page 8

Mlzzymead Re¢reatlon Centre
Note5 to the Ac¢ounts
Expendlture
Recognitlon of
expenditure
Expenditure Is recognised on an accruals ba515. E4)endtture Includes any VAT which
cannot be fully recovered. and is reported as part of the expenditure to which it
relates.
Expenditure on
These comytse the costs asxxi4ted with attrèctlng voluntary Income. fundraLslng
raising funds
trading costs and investment management Costs.
Expenditure on
These comprise the costs incurred by the Charlty In the delfvery of Its acttvltle5 and
charitable activities serv￿e$ in the furtherance of its objects. including the making of 8rants and
overnan¢e costs.
All grant expendlture Is ar£ounted for on an actual paid basis plus an accrual for
grants that have been approlpd by the trustees at the end of the year but not yet
pald.
These indude those costs as50dated wlth meetlng the constltutlonal and statutory
requlrements of the Charlty. Includln8 any auditllndependent examination lees,
costs Ilnked to the strateglc management of the Charlty. tO8ether wlth a share of
other admln15tration costs.
Other expendlture Thesè are support Costs not allocated to a partlcular actlvlty.
Grants payable
Governance costs
Taxatlon
The char5ty Is exempt from tsx on Its charltable actlvltles.
T•nglble Il¥ed ass•ts and depre¢latlon
Depreciatlonls provSded at the followlng annual rates In orderto wrlte off each asset over Its estlmated
useful IFfe:
Sports Surfaces
5% Redudng balance
Contents
7.5% Reducin8 balance
The Charity. in partnership with it's appointed Agent, have opted to Implement a new base
Ilne posltlon for it's fixed asset re8lster U￿n6 a cornprehensfve vdluatlon of the sites a55ets
In Au8USt 2016.
Freehold Invertment pmprty
Investment propertie5 are measured inStially at cost and subsequently at fairvalue at each balance sheet
date and are not deprec5ated. All 8alns or lo￿$ are taken to the Statement Qf FSnancl•l Actlvltles as they
arlse.
Stscks
Stock is included at the rower of cost or net reallsable value. Donated items of stock are retognised at fair
value whlch Is the amount the charity would have been willing to pay for the items on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade dlscounts due.
Page 9

Mlzzymead Recreatlon Contre
Notes to the Accounts
Cash and ¢ash equivalents
Cash and cash equivalents comprfse cash at bank and on hand, demand deposits with banks and other
short-term highly liquid investments with original maturrties of three months or less and bank overdrafts.
In the ststement of financial position, bank overdraft5 are shown within borrowings or current liabilities.
In the Statement of Cash Flows. cash and cash equivalents are shown net of bank overdrafts that are
repayable on demand and forni an Integral part of the companrfs cash management.
Tr¥de and other vedltor5
Short term creditors are measured at the transactlon price. Other creditors and provisions are recoBnlsed
where the charlty has a present obllgatlon resulting from a past event that will probably result In the
transfer of frJnds to a thlrd party and the amount due to settle the obligation can be measured or
estlmated reliably. Creditor5 and provisions are nonna1￿ reo)gnised at their settlement amount after
allowlng for any trade discounts due.
R•s•atch and d•wlopment
Expenditure on research and development Is wrltten off In the year In whl¢h it is incurred.
Fore1￿ currendes
Monetary assets and IlabllFtles denomlnated In currencles other than the functlonal currency of the
charity are translated at the rates of exthan8e prevalling at the end of the reportin8 perlod.
Transactions in Currencies other than the funrtional currency of the charSty are recorded at the rate of
exchange on the date that the transacdon ￿¢￿rred.
All exchan8e dlfferences are are tskèn into account in arrlvin8 at net incomelexpendlture.
Leased assets
Where the charlty enters Into a lease whith entslls tskin8 substantlally all the rlsks and rewards of
ownershlp of an asset, the lease is treated as a flnance lease.
Leases whlch do not transfer substantlally all the rtsks and rewards of ownership to charity are classified
as operating leases.
Assets held under flnance leases are Inrtlally recognised as assets of the charfty at thelr falr value ar the
Inceptlon of the lease or, If lower. at the present value of the minlmum lease payments. The
correspondlng Ilablllty to the lessor is Induded In the balance Sheet date as a finance lease obllgatlon,
Lease payments are apportionÈd between finance expense5 and redurtlon of the lease obli8atlon so as to
achieve a constant rate of interest on the remaining balance of the Ilability. Finance expenses are
reco8nlsed Immediately, unless they are dirertly attrlbutable to qualifying assets. in whith case they are
ca￿￿lISed in acc¢xdance with the charity's poliry on borrowin8 costs.
A55ets held under finan￿ leases are depreciated In the same way as owned assets.
Operating lease payments are reco8nlsed as an expense on a straight-line ba￿5 over the lease term.
In the event that lease incentives are recelved to enter into operating leases, such incentlves are
recognised as a liabillty. The aggregate benefft of incentives is recc*nised as a reduction of rentsl
expense on a strai8ht-Ilne basis.
Penslan costs
The charity operates a defined contribution plan for it5 employees. A defined contrlbution plan Is a
pension plan under which the charity pays fixed contributlons into a separate enttty. Once the
contributions have been paid the charty has no further payments obligations. The contributions are
recognised as expenses when they fall due. Amounts not pald are shown in accruals in the balance sheet.
The assets of the plan are held separately from the charity in Independent￿ administered funds.
Page 10

Mlzzymead Recreatlon Centre
Notes to the Accounts
Recelpt of donated goods, fadltties and servkes
All donated goods, faalrcies and serwces received are recognised within incom1￿ resources and
expenditu￿ at an estimate of the value to the charity-
2 Ststement of Financial kbvhles- prlor year
Unrestrlrted Erbdowment
nds
funds Totsl funds
2022
2022
2022
Income and onknnents from:
Charltoble artlvltles
Other tradln8 artlvltles
Other
53.132
72.306
8.507
53.132
72.306
8,507
Tot•1
133.945
133.945
Expendlture on:
Ralsln8 funds
Other
23.953
63,385
23.953
93,944
30,559
Tatsl
87.338
30.559
117.897
Net Income
46,607
130,5591
16,048
Net Incomè before oth•r
8Jlns/{lossesl
Other 8alns and10sses:
Galns on revaluatlon of fixed assets
Other Galns
46,607
130,559)
16,048
{16,6471
116,6471
405
405
Net mo¥ernent In lunds
47.012
147,2061
11941
R•¢onclll•tlon ol funds:
Total funds brought forward
Total funds canled forward
238,835
1,706,866
1,945,701
285,847
1,659,660
1,945,507
3 Incom• from d￿vItabl• •ctl¥ltl•s
Total
Totsl
2023
Z022
Sectlon char8es
50,172
50.172
50,172
50.172
53,132
53.132
Page 11

Mlzzymead Re¢reatlon Centre
Notes to the Accounts
4 Income from rthertradk¥ artl¥ld
Total
Totsl
2022
2023
Bar and caterln8
User subs¢Tlptio
Lettings and hire
77.751
10,770
22.110
110.631
77.751
10.770
22.110
110.631
52,021
10,530
9.755
72,306
5 thher Income
Totsl
2023
Totsl
Solar panel Income
Bank interest recelved
Grants
4￿95
738
4,895
738
6,730
61
7,697
4.552
17,882
7.697
4,552
17,882
425
Other
1,291
8,507
6 Exp•ndltur• on ralslni fiNMIs
Total
2023
Totsl
2022
Fundrolslng trodlng costs
ar and catering
36,429
36,429
36,429
36.429
23,953
23,953
7 Other expendlture
Tot*1
Tot•1
2023
Employee costs
Motor and travel costs
Premlses costs
Amort15atlon, depreciation.
Impalrment. profitlloss on
dlsposal of fixed assets
General administrative costs
Le8al and professlonal ¢05ts
36.974
L436
36,974
1.436
34.034
27,071
49S
27,271
26.947
26.947
30.559
9,722
20.155
102.321
9.722
20.155
129,268
5.072
3.476
93,944
26347
Page 12

Mlzrymead Re¢reation Centre
Notes to the Accounts
8 Net income before transf•rs
2023
2022
This is stated after char8lng:
Depreciation of owned fixed assets
Independerrt Examinees fee
26.947
1.336
30,559
1,140
9 Trustee remuneratlon and expenses
2023
Number
2022
Number
Number of trustees paid expenses
The nature of the relmbursed expenses
Relmbursemerrt of MRC purchases made from personal
resource5
10 Staff costs
2023
36.736
238
36.974
2022
26,894
Salaries and wa8es
Penslon costs
26,894
No employee receSved emoluments In excess of £60,(LKI.
The average monthly number of full tlme equlvalent empl￿eS durin8 the year was as follows:
2023
Number
2022
Number
ack office
Cleanln8 and maSntenan¢e
10.6 FTE Totsll
Social club11.2 FfE Totall
The Charity's penslon s¢heme Is operated by Nest
Page 13

Mlzzymead Recreatlon Centre
Notes to the Accounts
11 T￿n￿ble fixed assets
Land and
I￿lIdIng$
Sports
Surfa
Contents
Total
Cost or rmluatlon
At l May 2022
Additions
At 30 April 2023
Depr•clatlon and
Impalrment
At l May 2022
Depreclation charge for the
year
At 30 April 2023
Net book values
At 30 April 2023
At 30 Aprll 2022
Net book v4lues of •ss•ts
held under flnance le45e5
•hd hlre pur¢hase contr•cts
and Included above
1.3CKI.IyX)
256,396
23,4CM)
279,796
203.046
65,957
269,003
1.759.442
89,357
1,848.799
i.300,￿0
22.879
29,094
51,973
12,846
14.101
26,947
35,725
43,195
78,920
1,3Tr).L
1,300,CKMJ
244.071
233.517
225,808
173.952
1,769.879
1,707.469
In a previous accounting period. the Club opted to dlsdose new valuatlons of the Slte's flxed assets.
These flxed assets comprlse land. a clubhouse, a 8ara8e. sports surfaces and a range of flxtures, flttlngs
and equlpment w￿h1n the building
12 Stocks
2023
2022
Raw materlals and consumabtes
5,632
5,632
5.762
5,762
C*rryln8 valu• •n•lyMd by •¢tl¥ll
20Z2
Bar and caterlng
5,632
5,632
5,762
5.762
13 Dèbtors
2023
2022
Other debtors
Prepayments and accrued Income
2.798
21.SS9
24.357
8,525
739
9.264
Page 14

Mluymead Reueatlon Centre
Notes lo the Atcounts
14 Credltors:
amounts falllng due within one year
2023
2022
Bank loans and overdrafts
Other taxes and soclal security
Other Cred￿Or5
Deferred income
15781
18.763
31,629
Iiiii
20.629
895
21,413
49.814
15 Deferred Incom
Movement of the deferred income shown in Credltor5.' amountsfvlllng due wlthln one year
2023
JJ22
Atlmay
Released In current year
Deferred Sn current year
At 30 Aprll
16 Movement In lund$
895
18951
895
895
resources
(Includln8
other
At l May pln$llosses
2021
Resources At 30 Aprfl
expended
Z023
Restrfcted fvnds:
Endowment fvnds:
886.816
126,9471
859,869
Totol
886.816
126,9471
859,869
unre￿11Cted funds:
G•neral funds
176.920
187.234
1147,535)
216.619
R•valuatlon Reserve5:
Endowment fund5'.
881.771
881,771
Tottrl
881.771
881,771
rotol revaluotion reserves
881,771
881,771
Totsl funds
1.945,507
187,234
1174,4821 1,958.259
Purposes and restrictions in relation to the fiJnds:
Revaluation reserves
Represent the amount by which investmerrts exceed their hlstorical cost.
Page 15

Mizzymead Recreatlon Cenire
Notes to the A¢¢ounts
17 Anatysls of net assets bètween funds
Unrestrlcted Restrlcted
funds
fvnds
Total
Fixed assets
Net current assets
1.769,879
1.769,879
188.380
1,958,259
188.380
188.380
1,769,879
18 Reconclllatlon of nrt debt
Atlmay
2012 Cash fl¢)ws
At 30 Aprfl
2025
Cash and cash equlvalents
244,425
244,425
136,2201
136,2201
208.205
208,205
Net debt
244,425
136,2201
208.205
19 Commltments
Operotlnq lease commltments
Annual commitments under noTrcancelkble operatlng leases are as follows:
2023
2022
Land and
bulldlngs
land and
bulldln88
Oth•r
Other
Operatlng leases with explry date:
Penslon commhments
2023
2022
The penslon cost charge to the charity
amounted to:
238
Page 16

Mlzrymead Recreatlon Centre
Statement of Cash flows
for the year ended 30 Aprfl 2023
2023
2022
Cash fltms fvom operatlni actl¥ltie5
Net Incomellexpendlture) per Statement of Anal￿al ArtMI*s
12,752
11941
AdJu5tmerrts for:
Depreciatlon of property* plant and equipment
Dividends, interest and rents from Investments
Decreaselllncreasel In Stocks
Increase in trade and other recelwdbles
Increase In trade and other payables
26,947
117,8821
130
115,093)
29,763
30,559
18,5071
12.7621
19.1531
20,629
Net cash pro￿ded by owratln8 aCtl¥ftl•s
36,617
30,572
C•sh flows from Investln8 aCtl¥ltles
Payments for propertyi plant and equipment
Dlvldends, Interest and rents from Investments
189,3571
17.882
{47,8091
8.507
N•t cash us•d In In¥estlni athllles
171.4751
122,6551
Net ￿$h from flnandni •cthAtI
Net Id•cre•se)Ilncms• In ush and equlv*l•Thts
134,858)
7.917
Cash 4nd c•th equlv•l•nts •t the be8lThnlw of the y••T
244,536
235.724
C•sh •nd ￿1h ¢quI￿lefits at the end of the year
209,678
243.641
Components of cash and cash equlvalents
Cash and bank balances
Bank overdrafts
208,205
578
244,425
iii
208.783
244,536
Page 17

Mknrymead Recreatlon Centre
DetallÈd Ststement of Fina￿[al Aclm
forthe year ended 30 2023
funds
Funds Totsl funds Total fvnds
2023
2023
Income and endowm￿ from:
Charitable activit
Sertion ¢har8e5
50,172
50.172
YJ,172
50,172
53.132
53.132
Other trading artlvltles
Bar and calerlng
User sybs¢rlptlons
Lettlngs and hlre
77,751
10.770
22.110
110.631
77,751
10,770
22,110
110.631
52,021
10,530
9,755
72,306
oiher
Solar panel Income
8ank Interest recelved
Grant5
Other
4,895
738
4,895
738
7,697
4.552
17.882
6,730
61
425
1.291
8,507
7,697
4.552
17,882
Total Income and endop*m
178.685
178.685
133,945
Expendloure on:
Costs of other tradlng actlvltles
Bar and caterln8
36.429
36.429
36,429
36,429
23,953
23.953
Total of expendlttn on r•lsk
funds
36.429
36,429
23,953
Employee costs
Salarles/waBes
Penslon costs
Staff recrultment
36.736
238
36,736
238
26.894
177
27,071
36,974
36,974
Motor and travel costs
Fares
1,436
1,436
1,436
1,436
495
495
Premise5 costs
Rates
Llght, heat and power
Preml$e5 cleanlng
Premises insurances
Premlses ￿paIrS and
rnalntènan
Other premises costs
2.178
13.746
1.591
2,178
13,746
1.591
4,938
2,773
10,140
877
10.172
3.078
34.034
3.078
34,034
3.309
27,271
Page 18

Mizrymead Reveatlon Centre
Detalled Ststement of Flnanci•l P£tlvh1¢5
General administratSve costs,
Including depreaation and
amortisatlon
Depreclatlon of Sport5 Surfaces
Depreciation of Contents
Bank charges
Equipment expensed
Software, IT support and related
costs
Stationery and prlntlng
Sub5criptlons
Sundry expenses
Telephone, fax and broadband
12,846
14,101
12,846
14,101
117
2.929
12,291
18,268
667
117
2.929
2.221
2.221
255
128
777
709
2.841
9.722
128
777
7(YJ
1,515
2,635
35.631
2,841
36.669
26.947
Legal and professional costs
Audlvlndependent examlnatbn
fees
Consultancy fees
Other legal and professlonal
costs
1.336
1.336
1,140
1,346
18,819
18,819
99)
20,155
102,321
20,155
3,476
93,944
Tot*1 of expendlture of other costs
Totsl exp•ndlture
Net galns on Investments
26.947
129.268
138,7SO
26,947
165.697
117,897
Net Income
39.935
126,9471
12,988
16,048
Net Income belore other
8Alnsl(lossesl
Other rewnlsed lains and losses
Losses on revaluation of fixed
assets
39,935
126,947)
12.988
16,048
116,6471
Other IIL055eslllGalns
1236)
12361
405
N•t movement In funds
39,699
126.9471
12,752
11941
Reconclllatlon of fvnds:
Totsl funds brought fonvard
176.920
1.768,587
1.945.507
1,945,701
Total funds orrled forward
216,619
1.741,640
1.958,259
1,945,507
Page 19