(Jrlty re£kntrtlon number 31J8035 Compuy r¢trtlo• Dimber 01061 (Ent]*nd •nd W•le8) COOPER'S HILL RECREATIONAL TRUST LITED ANNUAL REPORT AND FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2022
COOPER'S HtLL RECREATIONAL TRUST LIMfTED IMBiTd L Tumer J TuK4)ni S Emmc G Wilg)n G Br {App)intsd 8 June 20221 Ch•rlty thwmber 308035 Cothp4ny number 01061860 Prln¢lpAJ •thln Coop&s Hill Lane En8l¢field Gr¢¢n SUrj Gre& Brtthin TW20 OJX R•¢•r•d offle• 2 S•iisbury Clo Wokin8hn B¢shIre En8lw RG414AJ Audltor D E Hunter Limit 2 Salisbury Clojc Wokingham Bukshir¢ En8land RG414AJ
COOPER'S HILL RECREATIONAL TRUST LIMfTED CONTENTS Statement of flnoncial TAlvitl Ball the 6-10
COOPER'S HILLRECREATIONAL TRUST LIMITED TRUSTEES REPORT ONCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2022 The trustX5 preserttheiT annud reprt and finaTKial forthB ye&T 31 Dtyxmb¢r 2022. The fitw?cial statements hve been prepr&l in co[d with the wcoutrtin8 liCIeS Set out in note I to th• finAn¢lal statements and comply with the £IlS tgoveming dLMent]. the comp1¢9 A¢t 2006 8nd"AccotITh8 and Rryortin8 by Charitie5'. Statement of Recommended Prxtice applicablc kn thariiiu prcpwing th¢ir axowits in ac£ordon¢x with th¢ FintinGilli RqKJrtin8 Stsndd applithl¢ in th¢ UK and Rq)ubli¢ of Ir¢land IPRS 1021.1¢fft(#l l Janu4ry 2019). Objeetfvts ithd aetMtle• The Trusts objecis are to PTovid¢ in providin8 fxilities for reGretrion And other leisure time In or In connrflion wlth the urLw dlstrl¢t of E8kn And Its nelghbourhood The polici¢9 adcytol in fithe of th¢8 obj¥ w¢ to provtde sports attd rtCTtationel f&cilities and thue has be Dri th4n8¢ in thex during the yw. The trustees have p•id due 8uld0¢ isswd by the Chrity Cunmlulon iti decidin8 &L#ivitie8 the ¢harity Should Unde1. A¢hl¢v¢meDts and perfornimee Th¢ de¢lininB influetK¢ of Covid-19 * N8li8ible impx4 on th¢ yion of the Th¢ duritig th1$ 1491 l]wJcial year. MAnor¢mft Junlor Footh1 Club knd Cows Hill LTC both sy¢¢¢Mfully a]1 trir quarterly NbJ¢rfpdons. The tent)ii club continued to build up substamial Yeserve5 knvard$ fuThuY retlthhment and imwvement of their club house, whllst the football club has lI150allY Continued its investhii¢ irt pitch Main8 and imptov¢meM. Ai yegr end, clubs reported $imilorly hi8h membershlp numbers to 2tr21. The Community Interest CIMnpany ICIC) joined the trust in late 2020. off¢rin8 1 8ym Ipersontl knin4vI fo¢ility atul sports phy$lo tr¢oth)ent. In 2022. m¢mbttthlp nurnbm by 20% over 2021, wwblins th¢ &ym to improve th•ir ¢ff¢rin8 with investhi¢nt in new •nd up8raded equi]Mna. Durin8 this fin•n¢iAI yev. Thut ¢OrtlknU to fr(xn relief. fty the SOnd iucttMiv¢ y¢¥, the foolbl club rKelved 4 Natlonaj Fothb311 FoundatKJn £3K grant for upk¢¢p of thelr ptsches. As in 21, both the foball tennis gections hw¢ continued to repay their 2020 Tn to a8r¢¢d timeseAle8. A8 a regul¢. th¢ 2021 accounts show modest profit for the 0nd sy¢eessive year. whi1 yill Maintaining a hthY ¢8sh reserve of £25,0. This cash reserve le$ th¢ tNst to. Inter all4 8p in and sup¢ of opuatin8 sedilw on this imd in the even¢ of thelr runnin8 into unforeseen. Short tem fina111 difficulties. in tems kttp the 1]1¢1¢1 in fulfilm¢n¢ of the Coopern Hill Remationai Thist obJerffve3. In Summ1 th¢Thtst hos m•irthined a xcwe fition¢ia] p)slti(¥4 mow ink) 2022 and bvyolld. AA er, I would likt to thAnk the directt)rthn and representativ¢s for their time, hwd work gnd dedicatiott. I aJs0 confimi thot no memb¢r8 of th¢ Tntst ar¢ r¢munernts& thou Immthrl wnounts of athniThithtion exp*i8e8 ar• r¢imbursed.
COOPER'S HILLRECREATIONAL TRUST LITTED TRUSTEES REPORT (CONTINUEDXINCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2022 Flnn¢lal r¢vl¢ It is the policy of the charity that unrestriL#ed fijnds whidb have not iwi designaba 4 slfi¢ should rnaitttsined at a level equivalent to between three arnl six mth.$ exditre. The trustee5 consider that reserves at this level wlll eDsur¢ thal in the evenl of 4 Si11fiCant dmp in fithdin& tlw will able to continue the charity'3 curtent activities while ¢on$id¢rotion is 8iV¢n to wayi io 7hith w1diti fiu¥kn m•y be rni5ed. This le1 of has be maintsined thr(XLghout the yetr. The tnwteu hav¢ the m•j¢x rfsks to whKh th¢ ¢hity is ¢Ypy•l •r¢ satlstled that syst¢tnS are in place to miti8ate exp05we to th¢ major risks. Stry¢tsrfy VeIll¢¢ •d mingemo•t The ch&rlty 1$ a ¢ompany limit¢d by gumtee And M havin8a shue capital. Thtrustoo4 who are also the diredorj fry pwpgx of ¢ompw )AW. •)d who seThe4 durin8 th¢ yw and up to th¢ d¢ of si8nath of th¢ firmcial Statem w¢r¢: IMBird L Trrn¢r J T¢n¢on5 S Emm¢tt G W1150ll G Bradbury (Appointrd 8 20221 The board of tryst¢a T¢¥i¢W and leek new truthe rnembm thould the need ¢h n¢w tNJl¢¥ is 8iv¢n wl£¢ Buidance and trainin8 by the brwd to e[le them to w out thekr dleS with iufficient proficien. Ns)n¢ of the trn8tee1 Y beneficia] inteffrt in th¢ ¢ompny. All of trutec4 •r¢ meAnbern of the eompmy ww¢¢e to C4)ntrItrte £1 In the event of a w5nd1 up. stst•m•nt of renbIlItIe• The tru8te¢& who Hre 50 th¢ dirt¢ts)t8 of C{% Hlll Thut Lirnitrd for the puryw of company IAW. r¢Jponiible for Preparin8 th¢ Thistees Rewt the financi statements in wlth •pplIle knv qnd Unlted KInd0M A¢couniin8 Stsndards (United Kin8dom Gurnlly A Accountin8 Prxticel. Cornpony Law requiTeJ trusttts to preptre flnon¢lal $tatrmts r(Y M¢h finm¢l4i yearwhich give 4 trne and falr vlew of the of Aff¥ir5 of the charity and of the incoming re1¢ ¥plicDtion of rewurc¢J. in¢ludinR ihe inwme expendltur< ofthe ¢hwltAble c(fflwJy thrt ycw. - ¥leet witable p)lici# And ]Y them c•)Mist¢ndy: - obxrve the methcth prln¢iples in the Chwi¢i¢s SORP, . mak¢Judgematt5 and 181¢$ thot are teLsonabl¢ aNI . state whether appliuble UK AoAting St8ndArds hknt been follort subj¢¢t to any materiaj dePre5 discloyed And ¢xpl4iMd in th¢ fwcial statemts. and . pYepar¢ the fift11&1 statUn on 8oin8 iyxKern t•sis unle# it 18 inapprW to prelume thllt the eharity will Continue in operation. The tntea ¢ rap)n5ible for keeping *4uats raowrtin8 that disclos¢ with reasonoble aca]rncy at any time the financial p)sition of th¢ ¢harity and enable them to ensurE that the flnala1 statements comply with th¢ Comp8niu Act 2006. They ar¢ also responsibl¢ for safeguardin8 the assets of the ¢harity and hence for tsking reAsoneble steps for the preventiort and detection of fraud and other irregularities.
COOPERIS HILL RECREATIONAL TRUST LIMITED STATEMENT OF FINANCIALACllVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 DECEMBER 21122 Ur#tri¢tsl Unreitrict•d lunds 21122 2021 Donotions and l¢gaci69 ChAritsble activities Investsnfflts 8.087 24.342 25,705 TolAI Inp>me 25.712 31431 Charitsble xtivitie5 31.171 26,818 N¢t (•xp¢ndlthrePln¢omw for tb•yMrl N•t movement Im (3,4J9) 3,613 Fund b•l•ncB at l jY 2022 132.050 126.437 Fund at31 Decemr 2•22 126.591 132.050 Th¢ thm•rt of financial gk#ivitiu inclth pin8 l(*Ms in the yew. All InGom¢ ond eXditUre derlve frun contlnuin8 a¢tiviti¢ Th¢ Jtaiement of flnancTal tal¥hlu 8lyAJ compliej wlth the rt4uir¢ments for an inwm¢ and ¢xpodknrc vxount under th¢ Companies A¢t 2(#)6.
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COOPER'S HILL RECREATIONAL TRUST LIMITED NOTES TO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Chrlty knfonlltl C$ Hill R#regdoMJ Trust LimiteAI 1$ a private compAny limited by guaranltt inctyp)rnt&J in En8knd Ind WAles. The re8hstrred offic¢ is 2 S4]isbury Cl¥ Wokitwlw Berkshir4 R0414AJ. Engjwd. 1.1 Aeeollllthig eortvetttlo The finala1 statements have been weputd in acwrdan¢e with th¢ ¢hwity Arti¢les of Association of 19r2. the Complnies A¢t 2006 ONI "Ae¢ountin8 and ReIn8 by Charities.. Stat¢m¢nt of Re¢omm¢nd¢d Practice opplicable to charities prying th¢ir rrtOUTts in ldnce with the Fin¢•1 Reputin8 Stsrdord appli¢obl¢ in the UK and R¢publi¢ of Ireland IFRS 102) (effective l Januw 2019).. The charity is a Publie Bafit Entity 85 defined by FRS 102. The charlty has taken advantO8e of the wovlslom th the SORP for clwlrlu apptyin8 FRS 102 Bulledn I ntm to pr¢p&re a Stsment of C¥h Flows. The financi Jtstements ue in sterlin& which is the fundi of th• tharity. Mon¢tary amounts in th#e finan¢ia] ststements are rowthd to the neut L The fin¢11] statéments been under the hi#Lvicd cit cnti01L The p11nclp accouTthn8 policiei adopted ar¢ let out below. IJ Coln£ ¢on¢•rn At the time of 4Jwovln8 the 11rwl21 3thteEnenty th¢trus¢s hav¢ a renAble fJ(P¢4I41ion that the chrity ha8 adwuNtÈ gourcu to C4)ntlnuc in opm¢iottal existence fw the f9[eble fuknrn. the truJt¢¢• ¢ontinue to Adopt the 8oln8 onm buis of oUntIn8 ID pr¢prirt8 the fin¢1 st•t¢mertts. IJ Chriibl• Unrestricted fiuth are milable for use * the dismi of thetrusthm In of their ¢hitAble obiectiv8J. IA IAeom• Income ig wised when the chwity is Iwlly entitle4J to h afttr ¢ondldono have bmn mlk th• nounts Can be rn¢tsur¢d r¢liAbfy. and it 1$ probthl¢ that i¢ will be received. CAsh doMtiL)ns aye I08n71 Cxh¥ th]nll6 ar¢ re¢WI On the teen notIfd of th¢ donatlon. unlMs performanc¢ ¢o#di15ons wuirc dcfrrrnl of the amowjt. In¢ome t recoverbl¢ In r¢ladon to domtloni rvxived under GiftAid or d¢¢ds of c4>v¢nmt is 11#d At th¢ ¢ime ofthe &sMIl. Legacies are reInISed on TeRiO or otherwis¢ if the chtirity has b¢¢n notified of an impBnding distribution. the amount Is known. and rw¢ipt is exFthJ. If the amount is not kllow the lew is trted a conting¢ni os8eL IJ ExptDdlture Unrstrirt fimth we 8vail¥ble for ttthe diretirm of th¢ tnuteej in furthe of thelr chvitsble obJ#xtvw. TwEible tknd gssets are inltlally rneagETtd at cost 1 SUbqUY at C¥)Bt or valu&tioN n¢t of depre¢iotion and any impirmt Ios5N. rkpreci8tion is rttogni5¢d so gsto write off the cost (Y Wal1[L of less theirYes1du TrtI$ theiT llful Ilves on th¢ ftillowing bases: Land 8nd buildin89 Fixtum fittings & ¢quiwe 2.5 to 5% slrw line 25% sts¥i8ht line The 8ain or Ioss 8rising on the diswl of an 25set is drterniind the differen brtWn the sal¢ wctteds and the Iwrying value of the ass¢ atKI is rwised in th¢ statement of fiarla1 activtties.
COOPER'S HILL RECREATIONAL TRUST LIMITED NOTES TO THE FINANC STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Aceowmtlng polkle• (Contlnu 1.7 I1rEnt of fixed At ea¢h r¢portin8 end dat4 the charity reviews the canyinB amounts of its lao8ibl¢ ass¢rs to d¢temiin¢ whether there 18 any indication those h4v¢ suff¢rryl an lmpalrnnt low. If any such indieion ¢xist& the reo)vernble oUnt of the assd Is estimthd in order to determine the extent of the impairnfft loAs (if any). Cuh grtd ¢tsh equ]vents Incl ctsh in han4 deptsits held at (all wtth bk& other 9hort-terni liquid inve5tm¢nts with 0ri8inal m¢8 of thre¢ b•nk TrIb. Bank ovffth•ft• shown wtthin ly)rrowings in Cumt Ilabllliies. The charity ljas elected to appty the pn)vili9 of Stction I I 'Basic FInWKi InstrUts. and Se4tion 12 '0th¢r FIMn¢i41 Instrurn¢nts lswm. of FRS 102 to 411 of Its finKlal Insttw provi$ioN of th¢ instrum¢ Financial assets gnd liabilities are offrt with the ne¢ nnts presend in the tInClaI sthtements, when there Is a leplly enforc¢able riglrt to set off the rffognil WMI •Th lertie on aa¢t knis or to reNii8e th¢ 5¢¢ Artd ttl¢ the liability simultarthxuly. BoflcJlR17ndd4guets Basi¢ finllncial asx¢4 whi¢h iKlyd¢ thlrtors And aTrJ bmk b¢, w¢ ln1llY mwured at tranoa¢tion pri including tr4nJwliryL Wsts and are subs¢quentiy wri¢d at Jrnortised ¢ost using th¢ effe<ive int¢rest method Unle the 8rrnnBement toTlrt¢S a financin8 trwsa¢lÈtsN where the trangac4lon ti m¢uur•d the present vAlue of the fvture r¢e¢ipts diwoUrtd m8rkn rats of int¢r¢sL Finw¢lal Classifl aq lettible within on¢ yev ue not amorti%d. Bag1¢ financial liabiliti¢& in¢l1n8 ¢r¢diwrs lokns •re initi8lly Te¢(wiised 81 ttWJ5aCtion price unle88 th¢ grrgngem¢nt constitytrs a fin#ncin8 IraMxti0 where the debt insinimutt is measwrd at the Frtsent value of the tre ments discounted at a mtrket rnte of interest. Finkncial liabilities classifled as pyable wlthin onc ytar are noi Debt in$truments aye wbg¢quentiy wrfed At wnortil Lx>yL usin8the effttlive inlwegl rat¢ m#hod. Tr1¢ crlI0r5 are obll8ailons w pfty for or services that knve been wuird in the ordirwy u>ur4e of 0ratIOnS from suppller& Amoynts pyllbl¢ dassified as liabiltti¢J if paymerrt is due within one yetr or l¢M. If no( they ar¢ pre$ted •s non•cutt¢nt ligbilities. Trth ¢r¢ditOry are te¢o8rtia¢d initially & trwnts¢tion pri and sul>s¢quently FinwKio1 liabilitie5 are d15¥d when th¢ ehw's obll8ailons expire or are dischar8ed OrnfzlIed. CrhleAI a¢¢OUDd4 e#lm•tu d J•dymewl• In the appli¢&ion of the ¢h8rity's accowrtill8 plicies, the truste are requ11 to make JL*Th. estim8te8 and asswnpti¢Jn5 about the cwnyin8 amoiint of and ligbilitie8 that are not raiiy apparent from other sources. The telev1. Actual resuhs MAY differ fmm these estimates. Th¢ estimatss and underfyln8 99sumylon% Are YevSJ¥oJ on an onping basis. RcvisionJ to A¢4xxmting eatimate8 Q regniSed in th¢ lod in which the eImate is revis where the rEViSiOrt 8ffe¢ts onty that or in the period of
COOPER'S HILL RECREATIONAL TRUST LtMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YE4R ENDED 31 DECEMBER 2022 Cb#rltsbk aelfvld Trt•l Totsl 1021 ny Incom¢ frnm ¢haritabl¢ activities 4,W5 2.8 25.705 24,342 For th¢ year Md¢d 31 Deumber2011 MaaoTtroft Tot foc4b•ll lut¢rnt CuDPiMy In¢•me ftorn choritAbl• aclivlv 3.767 lJ75 24.342 Anyll by Unr¢Jtrl¢ted fimd5. 3.767 2J75 24J42 Doi¢lou and kpel Tots] Urtr¢stri¢*d nds ral 2021 2022 8.087 UwTertriet•d Unrutrf¢t•d nd• er•1 21)22 2(121 Interest recelvable
COOPER'S HILL RECREATIONAL TRUST LIMrfED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YE4R ENDED31 DECEMBER 2022 Charftabk Ktlvlt Ge•ernl Tot 2022 EprllOn Electricity/watsr Rent and Tat Insurlnce Pavilion miinten Telephone Administration Grounds matnt¢nin¢¢ Audit fees bebt writs off 8.619 8ffj19 6266 2,500 4,756 6ffj23 8,676 3.454 2.300 4.820 3,488 1.273 362 .373 870 6266 u(K) 4.7J6 6fj23 362 J16 810 (6W) 362 316 810 1690) 21352 8.619 31.171 26.818 W52 19 31,171 26,818 None of the tru4t•es ((r any pern(Au c4xll wlth than) ff&%ived any Yt4nunerntiM or kn¢fits from th¢ ¢horlty duriD¥ Employe Thtto wqre no employtts durin$ the yrw. The avern8e rnonthty numb¢r of employeoy durfnl the year w.. 2031 N•mlxr Tax¢lon Th¢ Charity is exempt fr(m tsx on Inwme and 88iDs f811ing within sectron 505 of the Thxe5 Act 1988 or section 252 of theT8Xationof Char%bk Oains 1992 to the that these wlied io its tharitsble rA)jeLa5.
COOPER'S HILL RECREATIONAL TRUST LIMITED 11 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 l(1 T1¢ fix¢d ¥xts ¥1411¥ & t4UiPm¢nt Co At l January 2022 211268 42.416 253.684 At 31 D¢cwnber 2022 211268 42.416 253,684 Ikpr¢(l•tlon And IrnpalnKw¢ Al l January 2022 tkpre¢i8tion ¢har8ed In the ye 128,9J7 7.183 3&110 1.435 167,067 8,618 At 31 Dxember 2022 136.140 39.545 175.685 CArryllli At 31 December2022 75.128 1871 77.999 At 31 D¢#mb¢r2021 4J06 86,617 11 D•btor• 2021 f•lllni dth• t4thts on• Y•. Amounts by asso¢ia*d 110 14.400 4J72 3,755 13.6JJ 18,972 12 Cndlton: #mounts f•lllNi d•e vAthID M• y•ar 2021 Trade Cred[ Accrua]s And deferrod ]me 712 810 762 iJoo lJ22 2262 10-