## ## ## ||||||SORP reference|| |---|---|---|---|---|---|---| |||||||'The Churchill
and. Blakedown Sports ahd| |||||||Recreation Centre (gBSRC) has„ like so| |||||||mariy aspects of life, 'endured
a difficult| |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.| |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| |whole.||||||the Blakedown
and Hagley Tennis Club| |||||||although
use ofthe facility was only| |||||||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| |||||||Blakedown
Bolt.This usually
brings| |||||||together the community
served by the
Centre for a "mass" participation
event in| |||||||June and so itwas with great| |||||||disappointment
that the event had to be| |||||||cancelled. We are hopeful that one ofthe| |||||||highlights
ofthe Centre's year.will return| |||||||in 2022.| |||||||One major development
in 2020/21 was a| |||||||f36.000 grant kindly re'ceived offthe| |||||||Norman
Dawson Trust to enable a rnuch-| |||||||needed programme
ofrepairs and| |||||||maintenance
to commence. This funding'| |||||||will be fully utilised
by the end of:the| |||||||2021/22.financial year.
' I| |||||||Due to Covid the Cehtre was orIly| |||||||partially
used during the year to provide| |||||||other sports and recreational
activities| |||||||which usually
benefit adults; children and| |||||||young:people
throughout
the area.| |||||||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| |||||||F26,742at March 31 2021.| |||||||The profit in year was expected as the
' f36„000grant received from the Norman| |||||||Dawson Trust was only' partially
utilised| |||||||in the year.| |||||||The Centre will remain eternally
grateful| |||||||. to the'financial
support
piovided
through|| |---|---|---|---|---|---|---|---| |||||||the Covid pandemic
by the Wyre Forest|| |||||||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|| |||||||with the loss ofincome from the sporting|| |||||||uses, the loss ofBlue Hoots income, the|| |||||||absence ofthe Blakedown
Bolt and no|| |||||||hiring ofthe.Centre.|| |||||||'The underlying'financial
position of the'|| |||||||Centre at the end of March 2621 is a more|| |||||||challe'nged
one than that when, .the year|| |||||||conimenced.
The loss ofBlue.Hoots is a|| |||||||loss that, has to be accommodated'|| |||||||through
a combination
of reducing costs|| |||||||'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|| |||||||use ofthe Centre.|| |||||||The cpsh balaric'es
th'at are held now|| |||||||'provide
over 12months'-operating|| |||||||,expenses cover and are unrestricted,|| |||||||funds. :|| |||||||We are mindful
that the ag'e ofthe Centre,|| |||||||. and its playground
nece'ssitates
regular|| |||||||.routine mairitenance:and
that these
=|| |||||||reserves
provide coverage
for'|| |||||||unforeseen
events that. may' impact upon|| |||||||the s'tructure
and fabric ofthe, Centre.|| |||||||During 2020/21 a.review. of.this approach|| |||||||.commenced.
Upon completion
ofthe|| |||||||cuirent building
work we.will prepare a|| |||||||likely future maintenance
schedUle.|| |"Amo'unt ofreserves|||held||Para 1.22|Esse'ntially
our cash balance at 31 Nlarch|| |||||||'o'f'826,742 althou'gh
there are:prior|| |||||||commitments
agains't some ofthis|| |||||||relating to the outstanding
repairs and|| |||||||maintenance
funded through
the grant|| |||||||received. Reserves
'.therefore total circa,|| |||||||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.|| |charity continuing||as a going||||There, are no post-Balance Sheet events|| |concern,||||||to report.|| |||||||Routine sources of revenue
changed|| |||||||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||| |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|'
''|| |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||| |Total Expenditure||||-'44,262.88||-30,175;74.||| |Income.and Expenditure||Surplus/(Deficit)|in Year,|15,781.62||-3,268.37||| |||,Page|11.of13|||||| #