|**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 # ##