| SORP reference | ||||||
|---|---|---|---|---|---|---|
| 'The Churchill and. Blakedown Sports ahd |
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| Recreation Centre (gBSRC) has„ like so | ||||||
| mariy aspects of life, 'endured a difficult |
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| Summary | ofthe main | Para 1.20 | year due to the impacts ofCoyid-19. . | |||
| achievements | ofthe charity; | |||||
| identifying charity's |
the difference work. has made |
the to ' |
.Truncated sports seasons were . experienced across football and cricket. |
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| the circumstances | of its | E, | ||||
| beneficiaries, and any wider benefits to society as a |
The sporting theme has continued with. ~ the Centre again providing the base for |
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| whole. | the Blakedown and Hagley Tennis Club |
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| although use ofthe facility was only |
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| possible for part ofthe year once Covid | ||||||
| restrictions were lifted. | ||||||
| Due to Covid itwas again not possible to | ||||||
| hold the ann'ual running of.the |
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| Blakedown Bolt.This usually brings |
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| together the community served by the Centre for a "mass" participation event in |
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| June and so itwas with great | ||||||
| disappointment that the event had to be |
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| cancelled. We are hopeful that one ofthe | ||||||
| highlights ofthe Centre's year.will return |
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| in 2022. | ||||||
| One major development in 2020/21 was a |
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| f36.000 grant kindly re'ceived offthe | ||||||
| Norman Dawson Trust to enable a rnuch- |
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| needed programme ofrepairs and |
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| maintenance to commence. This funding' |
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| will be fully utilised by the end of:the |
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| 2021/22.financial year. ' I |
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| Due to Covid the Cehtre was orIly | ||||||
| partially used during the year to provide |
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| other sports and recreational activities |
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| which usually benefit adults; children and |
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| young:people throughout the area. |
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| I | ||||||
| Financial. | Review | |||||
| Review ofthe charity's financial position at the ofthe period |
end | Para 1.21: | The Centre's income increased to f60,044 in 202'0/21 with a profit ofK1.5,782 reported in the year. The Centre's overall cash balari'ce (bank and in hand) stood at |
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| F26,742at March 31 2021. | ||||||
| The profit in year was expected as the ' f36„000grant received from the Norman |
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| Dawson Trust was only' partially utilised |
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| in the year. | ||||||
| The Centre will remain eternally grateful |
| . to the'financial support piovided through |
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|---|---|---|---|---|---|---|---|
| the Covid pandemic by the Wyre Forest |
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| District Council; The timin'g and process, | , | ||||||
| for receiving support was speedy and | |||||||
| 'efficient and they should be commended | |||||||
| for this. This:enable'd the Centre to cope |
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| with the loss ofincome from the sporting | |||||||
| uses, the loss ofBlue Hoots income, the | |||||||
| absence ofthe Blakedown Bolt and no |
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| hiring ofthe.Centre. | |||||||
| 'The underlying'financial position of the' |
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| Centre at the end of March 2621 is a more | |||||||
| challe'nged one than that when, .the year |
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| conimenced. The loss ofBlue.Hoots is a |
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| loss that, has to be accommodated' | |||||||
| through a combination of reducing costs |
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| 'and increasing use ofthe.Centre. Given |
. | ||||||
| current economic ciicumstances. this is | a | ||||||
| challenge'. | |||||||
| 'Statement explaining the -policy for holding reserves stating why they are held, |
Para 1.22 | The Charity has built up cash balances over the years. Over the past four years ' the Tru'stees have striven to build up the .charity's finances through incieasing the |
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| use ofthe Centre. | |||||||
| The cpsh balaric'es th'at are held now |
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| 'provide over 12months'-operating |
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| ,expenses cover and are unrestricted, | |||||||
| funds. : | |||||||
| We are mindful that the ag'e ofthe Centre, |
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| . and its playground nece'ssitates regular |
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| .routine mairitenance:and that these = |
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| reserves provide coverage for' |
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| unforeseen events that. may' impact upon |
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| the s'tructure and fabric ofthe, Centre. |
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| During 2020/21 a.review. of.this approach | |||||||
| .commenced. Upon completion ofthe |
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| cuirent building work we.will prepare a |
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| likely future maintenance schedUle. |
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| "Amo'unt ofreserves | held | Para 1.22 | Esse'ntially our cash balance at 31 Nlarch |
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| 'o'f'826,742 althou'gh there are:prior |
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| commitments agains't some ofthis |
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| relating to the outstanding repairs and |
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| maintenance funded through the grant |
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| received. Reserves '.therefore total circa, |
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| f16,000.. | |||||||
| Reasons for | holding | zero | .-Para 1;22 | Wa | |||
| reserves | |||||||
| Details. offund m'aterially. | in | Para 1.24 | |||||
| I | |||||||
| deficit, . Explanation'of uncertainties |
any about. |
the | Para 1.23, | Doubts around the Centre's ability. to continue as a going concern are low. |
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| charity continuing | as a going | There, are no post-Balance Sheet events | |||||
| concern, | to report. | ||||||
| Routine sources of revenue changed |
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| during the course ofthe 2020/21 year. | |||||||
| with the stop.-start nature ofamateur | |||||||
| sport impactirig upon 2020/21's financial' |
| Year Ending | Year Ending |
|---|---|
| 31March 2021 | 31March 2020 |
| f' | |
| 26.,662.01 | 10,880.39 |
| 80.00' | 80.00 |
| 26,742.01 | 10,960.39 . |
| INCOME AND | EXPE | NDITURE'ACCOU | NT FOR |
YEAR ENDING 31 | MARCH 2021 | |||
|---|---|---|---|---|---|---|---|---|
| Year Ending . ' 31March 2021 |
. | ,Year Ending 3'1March 2020 |
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| Income | ||||||||
| Footba II- | .2,865.00 | 1,235.00 | ||||||
| Cricket | '.607.50 | 1,017.50 | ||||||
| Tennis | 600.00 | 1,200.00 | ||||||
| BCPC - Hire | 456.00 | 275.00 | ||||||
| WFD,C | 19,431.00 | 0.00 | ||||||
| Tiny Talk | 0;00 | 190.00 | ||||||
| Bolt | 0.00 | 4,580.00 | ||||||
| Boot Camp | 0.00 | 294:00 | ||||||
| :.Pilates | 0.00 | 530.00 | ||||||
| Historical' | 0.00 | . .150.00 |
. | |||||
| Mini Bolt | 0,00 | 50.00 | ' | |||||
| Parties | 0.00 | 90.00 | ||||||
| Blue Hoots | , 0,.00, | ; | 6,180.00' | |||||
| Katie Tomkins | 85.08 | 312.50. | ||||||
| Hire | 0.00 | .60.00 | ||||||
| Fete Committee | 0.00 | 743.3'7 | ||||||
| National Lottery |
0.09 | 10,000.00 | ||||||
| 'No'rman Dawson Trust |
36,000.00 | 0.00 | ||||||
| Total Income | 60,044.50 | 26,907'.37 | ||||||
| Expenditure Electric -: |
-13,765.02 | -3,561.00 | " | |||||
| Water | 0.00 | -294.60 | ||||||
| lnsur. ance | -2,694A8 | -2,546.02 | . | |||||
| Mowing | -1;791.00 | -1,731;00 | ' '' |
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| Line Marking | . ' | -416.77 | -213.42 | |||||
| F,ield 5'undries | . 0.00 | -467;25 | ||||||
| Secutity Measuy'es |
-126.00 | -1,119.00, | ||||||
| Pavilion Repairs |
-25,020.00 . | -1,175.00 | ||||||
| Bolt | . 0.00 | -3,552.70 | ||||||
| Bimb le | "0.00 | -81.89 | ||||||
| 'Fire Protection | -'149.00 | -114.00 | ||||||
| Playground Repairs. Outdoor Gy'm Equipment . Other |
0.00 '0.00 -301.61 |
' 3 -206.56 -13,871.40 ';1,241.90 |
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| Total Expenditure | -'44,262.88 | -30,175;74. | ||||||
| Income.and Expenditure | Surplus/(Deficit) | in Year, | 15,781.62 | -3,268.37 | ||||
| ,Page | 11.of13 |