2023-04-30-accounts

ERDINGTON RECREATIONAL TRUST REVENUE ACCOUNT	Actual 12 Mths
12 Mths 30/04/23	30/04/23 £
Subscriptions Green Fees Sponsorship Donations Room Hire 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 Equipment Leasing 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	29,953
	19,379
	1,000
	286
	2,183
	2,265
	2,348
	7,622
	4,018
	622
	69,676
	12,162
	7,293
	19,456
	675
	571
	1,246
	0
	0
	846
	0
	846
	197
	3,309
	867
	4,373
	6,744
	6,321
	714
	13,779
	0
	3,763
	0
	3,763
	43,462
	26,213
	328,983
	355,197

ERDINGTON RECREATIONAL TRUST BALANCE SHEET 12 Mths 30/04/2023	Actual 12 Mths 30/04/2023 £
Fixed Assets Property Outdoor Green Indoor Green Equipment Current Assets Bar stock Vending stock Prepayments Sundry Debtors Social Comm Bank Account Bowls Club Bank Account Bowls Cash Bowls Tour Bank Account 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 15,051 0
	208,655 1,110 100 4,613 0 6,438 2,754 112 9,592 17,122 125,792 0
	167,633 -21,091 0
	-21,091 146,542 0
	0
	355,197
	-355,197
	-355,197
	0

CHAIRMAN'S REPORT 2022-2023 There ha5 been no change in the Trusvs objective to provide a recreational facility for the people of Erdington and the Surrounding district. Income continues to be derived from subscriptbons and from fees paid at the time of use of the in(Joor and outdoor facilities. The focus as in the previous year has been to strengthen communication with members to encourage them to retum to the Club and use the amenities. and also to encoura8e use from the wider local community. This has lafgely been successful as several community 8roups now use the facility on a regular basis, with local residents also having taken advantage of the Wami Space initiative at the Club during the winter months. Despite the general rise in the cost of INin& the Club not seen a si8nificant decline in membership. Bowls and cricket were played without limitations and are now back to pre-covid playing conditions. The cashless payment systems for items such as membership. green fees and bar usage that had proved successful during the pandemic have continued. The Club is now virtually cashless. which has eased the administrative burden and reduced the risks that were posed by cash. Income has not yet quite returned to pre-pandemic levels. However. government grants previouslv received have ensured that the financial posstion of the Trust remains robust. The large increases in utility bills put a strain on day-to-day finance, and therefore Capital expenditure was kept to a minimum. Measures have been implemented to reduce 8a5 and electricity usa8e wherever possible. A change in Lbtility companies and careful monitoring of usage have also mitigated the effects of the price increases. Any future proposed capital expenditure needs to be Ca￿￿lIV reviewed whilst income levels are a$5e55ed. To cover the increase in operational costs. efforts have been made to provide alternative income streams. These inclijde the provision of a vending machine. increasing the use of the lounge, and the introduction of "bowls for health" initiatives. Good and regular communication with members and sponsors along with an effective marketing Strategy and tl8ht cost controls should enable the Club to continue to look to the future with confidence. The Trust continues to have a full complement OfTru￿ee5. Financial statement5 have been prepared reporting the financial position of the Charity. Robert P. Robinson Chairman. Erdington Recreational Trust