|**ERDINGTON RECREATIONAL TRUST**
**REVENUE ACCOUNT**|**Actual**
**12 Mths**|
|---|---|
|**12 Mths**
**30/04/21**|**30/04/21**
**£**|
|Subscriptions
Green Fees
Sponsorship
Donations
Social Committee
Gift Aid
Sundry Income
Grants
Interest Received
**TOTAL INCOME**
**EXPENSES**
Heat & Light
Rates & Insurance
**Total Utilities costs**
Printing, stationery & adverts
Telephone & postage
**Total Admin costs**
Steward
Bar Costs (wage)
Secretary's Expenses and Affliation Fees
Legal & Professional Fees
**Total Professional costs**
Bank charges
Card Machine charges
**Total Finance costs**
Repairs & Renewals
Cleaning Materials
Sundry expenses
**Total Premises costs**
Outdoor Green Depn
Indoor Green Depn
Equipment Depn
**Total Depreciation costs**
**Total Overheads**
**SURPLUS / (DEFCIET)**
Retained Bfwd
Retained Cfwd|17,437|
||329|
||454|
||76|
||0|
||1,576|
||0|
||28,096|
||24|
||**47,992**|
|||
|||
|||
||2,763|
||4,667|
||**7,431**|
|||
||0|
||23|
||**23**|
|||
||2,400|
||1,053|
||393|
||0|
||**3,847**|
|||
||99|
||18|
||**117**|
|||
||16,383|
||2,309|
||494|
||**19,187**|
|||
||3|
||3,763|
||0|
||**3,766**|
|||
||**34,370**|
|||
||**13,622**|
|||
||295,201|
||**308,823**|
|||
|**ERDINGTON RECREATIONAL TRUST**
**BALANCE SHEET**
**12 Mths**
**30/04/2021**|**Actual**
**12 Mths**
**30/04/2021**
**£**|
|---|---|
|**Fixed Assets**
Property
Outdoor Green
Indoor Green
Equipment
**Current Assets**
Stock
Trade Debtors
Prepayments
Sundry Debtors
Bowls Club Bank Account
Bowls Cash
Trust Current Bank Account
Carpet Reserve Bank Account
Bar Cash float
**Current Liabilities**
Trade creditors
Accruals
Sundry Creditors
**Net current assets / liabilities**
Long term loans
**Represented by:**
Profit & loss account|193,603
0
22,577
0|
||216,181
0
0
3,142
0
644
69
32,295
80,152
58|
||116,361
0
-23,718
0|
||-23,718
92,643
0|
||0|
||**308,823**|
||-308,823|
||**-308,823**|
||0|
## **ERDINGTON RECREATIONAL TRUST**
## **INDEPENDENT REVIEW STATEMENT**
## **FOR THE YEAR ENDED 30[TH] APRIL 2021**
I have examined the books and records of Erdington Recreational Trust and in my opinion the Financial Statements give a true and fair view of the state of the Charity’s affairs at the 30[th] April 2021, and of its result for the year ended on that date.
In my opinion the accounts have been properly prepared in accordance with the requirements of the Charities Act 1992.
S Davies 29[th] September 2021
CHAIRMAN’S REPORT 2020-2021
There has been no change in the Trust’s objective to provide a recreational facility for the people of Erdington and the surrounding district.
Income continues to be derived from subscriptions and from fees paid at the time of use of the indoor and outdoor facilities. The focus in the last year has been to maintain communication with members and to provide bowls and cricket facilities within the constraints of Covid-19 regulations.
The Covid-19 pandemic has had a significant impact on the running of the Club during the time the country has been in and out of lockdown.
Some outdoor bowls and cricket was played, but only under the strict guidelines of the relevant governing bodies. Indoor bowls was only played for a couple of weeks at the start of the season in October 2020, but was then suspended as the Covid-19 situation worsened.
In order to ensure members’ safety, numerous measures had to be put in place. These measures included the provision of a new fresh air ventilation system linked to the heating system. This will be of considerable value in enhancing a pleasant and safe environment for members to play indoor bowls. The Club has introduced an online booking system to facilitate members’ booking of indoor and outdoor bowls rinks. The Club has moved to cashless payments for most items, including bar purchases, membership subscriptions, and green fees. All of these measures have proved successful and there has been no evidence of any member contracting Coronavirus whilst using the Club’s facilities.
Although income was considerably reduced due to the pandemic, the overall financial health of the Trust remains strong as a result of prudent financial control and of successful applications for government grants, together with a reduction in rates.
With the Trust remaining in a good financial position, it was able to progress with the replacement of the indoor bowls carpet as previously budgeted for, and also with the installation of digital scoreboards on each indoor rink.
The good and regular communication with members and sponsors along with an effective marketing strategy during this very difficult time should enable the Club to move forward in the future with the confidence to further improve the Club’s facilities in the post-pandemic era.
Financial statements have been prepared reporting the financial position of the Charity.
Robert P. Robinson
Chairman, Erdington Recreational Trust