MARGAM YOUTH CENTRE
CHARITY NUMBER 515319
TRUSTEES REPORT FOR FINANCIAL YEAR 31[st] JULY 2022.
We appreciate that this Financial Year 2021/22 has seen our organisation sustain itself within the Covid 19 Pandemic and being able to move forward with our programme of activities
We acknowledge and appreciate the hard work and effort put in by all individuals connected with the Youth Centre in making Grant Applications and Contacting many Companies in Business to seek Sponsorship and Grant Donations.
Progress has been rapid within the Margam Youth Centre providing more Leisure and recreation activities for the Community , which has seen a New Inclusion set up for children with learning and physical difficulties to participate in sport.
The Work which has been carried out within the Youth Centre , again a Thank you to all ,as giving up your spare time, can be precious indeed and we as Trustees Appreciate that. Nothing goes un-noticed as we look to improve the Youth Centre Facilities.
In our next financial year we are going to have to replace the existing roof of the youth centre building thirty thousand pound project this will then bring stability to the organisation as these repairs are needed urgently to keep the building in a good condition.
.
The Trustee's would like to thank everyone Involved with Margam Youth Centre and the effort put into running the activities within the Youth Centre, without your effort it would be impossible to continue, please keep up the good work for the next financial year.
Mr Graham Bowditch
Mr Paul Slee
Mr George Ridgeway.
Mr Brian Short
October 30[th] 2022.
REGISTERED CHARITY NUMBER". 515319 CHARTERED ACCOUNIAf4T5 & BLISINESS ADVISERS VY iui v REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022 FOR MARGAM YoiJfH CENTRE wit>BdM&(O., HWViwhDn&Co.4ndwW&r•trrynn&flV8VUTrthd. InEwl•M&Wa4iND 0725rth53 Rtylst•rndOffici.Wu¢dll•ld HW5e.ta5tW11k.N21hSAII aL dtgraFrw¢O•lhw0lnthluKljlwt1d1Qt1AwI0II5trnntbunètsattfvttS bvthilthMi*o0fCh¥rWedAmWartÈlnErr4¥lldw¥
MARGAM YOUTH CENTRE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022 Page Report of the Trustees 1&2 Independent Examinerfs Report Receipts & Payments Account 4&5 ststement of A55ets and Liabilitbes Notes to the Financial Statements 7&8
MARGAM YOUTH CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2022 The trustees present their report with the financial statements of the charity for the year ended 31 July 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing thelr accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered CharSty number 515319 Prindpal address 2 Heol v Gwrgan Port Talb West Glamorgan SA13 2DG Trustees Mr George Ridgeway Mr Graham Bowditch Mr Brian Short Mr Paul Slee Independent examiner WBV Limited Charlered Accountants Woodfield House Castle Walk Neath West Glamor8an SAII 3LN STRUCTURE, GOVERNANCE AND MANAGEMENT Go¥ernlng document The constitution was adopted on 27 November 1977 as amended 20 December 1981, 11 April 1983 and 6 May 1984. Margam Youth Centre was registered with the Charity Commission on 13 July 1984. Rlsk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Page J
MARGAM Yoimi CENTRE REPORT OFTHE IRUSTEES FOR THE YEAR ENDED 31 JULY 2012 OBJECTIVESAND AcnvmES Objectlves and Alms Margam Youth CentTe is njn for the benefft of thildren withln Maryam and the surroufiding areas. oiher organlsatlons use the buildinB- coffeè mornings for old aBe pensionefS and bln80 evenlngs. The centre 15 focused on prDvidin8 football actlvltles for LyS and girls from ages 6 10 senior level. The artlvilies provlded are to benetit the people IniinE in Margam. The trustee5 have considered the facilities avallable and have pald due regard to the Ch)rity Comm155ion advlce on pthjllc benefit when conslderfng the artivitles undertaken. ACHIEVEMENT AND PERFORW4NCE Charftable artl¥iiles An overall surplus of É 10,77612021: surplusof £7.309 was 8enerntedl. FINANaAL REVIEW ReseThes pollty It Is the pollcy of the tharlty to malntain unrestrlcted funds, whlch aTe the free reseNes ol the charlty. This provide5 sufficlent funds to cover management and administration costs and to respond to emer8encv appll¢ation5 that may arise from tlme to time. The charity a150 malntalns designated funds to coverfutUTe unexperted expendltUTe on the Mainterte arKI paIrS of the grounds, Groeswen playing flelds and dressln8 room complex. Approved Iw orderot the board oltru51ees on /é èt&%22 and slgned on its behalf bv: G Rldgeway Trumee Ib, io,l(AL Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF MARGAM YOUTH CENTRE We report on the accounts for the year ended 31 July 2022 set out on pages four to eight. Respective responsSbSlltle5 of trustees and examiner The charily's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this period lunder Section 144121 of the Charities Act 2011 (the 2011 Actll and that an independent examinatlon is required. It Is our re5pon5ibility to: examine the accounts under Section 145 of the 2011 Act to follow the procedure5 laid down in ihe General Directions Biven by the Charlty Commission lunder Section 14515llbl of the 2011 Act). and to state whether p3rti¢ular matters have come to my attention. Bas15 of the Independent e[ner.$ report Our examination was ¢arrled out in accordance with the General Dlrections given by the Charlty Commlsslon. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It a150 Includes consideraiion of any unusual items or dis¢losures in the account5, and seekin8 explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be reqySred in an audit, and consequently no opinlon Is given as to wheiher the accounts pie5ent 'truè and fair view, and the report is limlted to those matters set out in the statements below. lftdependent examinerfs statement Vour attention is drawn to the fact that the charity h35 wepare(I the accounts Ifinanaal 5taternentsl in accordance with Accounting and Reporting by CharÈtles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {Fj 1021 in preference to the Attounting and Reporting by Charilies.. Statement of Recommended Practice i55ued on l Awil 2005 which is referred to In the extant regulations but has Sin been with(Jrawn. We understand th8t Ihis has been done in order for the accounts to provide a true and falr view in accordance with the Generally A¢pted AccountlnB Practice effective for pOrting periods beginning on or after l January 2015. In connection with our examination, no matter has come to our attention.. which gives us reasonable cause to believe that, in any material respect, the requirèments... to keep a¢¢ounting records in accordance with Se¢tlon 130 of the 2011 Act- and to Prepare accounts which accord with the accountin8 records and to comply with the accounting requirements of the 2011 Act have not been met- or to which in our opinlon, attention should be drawn in order to enable a proper understanding of the accounls to be reached. WBV Limited Chartered Accountants Woodfield House. Castle Walk Neath West Glamorgan SAII 3LN Page 3
MARGAM YOUTH CENTRE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2022 RECEIPTS AND PAYMENTS ACCOUNT 2022 2021 RECEIPTS Income Recei ts Grants and Oonations: Subscriptions and Membership Fees 15.676 Sundry Grants and Donations 29,522 6.416 39,322 45,198 45.738 Trading Activities,. Monles Received for Football Tickets and Hire of Buses Canteen 5,175 9,252 1.496 14A27 1,496 Fundraising: Special Efforts 155 155 Investment Income: Investment Account Interest 22 84 22 84 Total Recei 59,647 47.473 Page 4
AccouKfs FOR THE EAR ENDED 31 JULY 2022 RECEIPTS AND PAYMENTS ACCOUNT NTINUED Z02Z 2021 PAYMENYS Youth Club Equlpment 6,255 21.284 15.7 1,512 725 2,762 Insurance Waler Rate5 Tmphles and Flowers Repairs and Renewals Heatlns and Ll8htlng Fffld Malntenance Sports Equlpment Canteen Ttckels Covld Supplies Donations Cleanlng TeleplM)ne Coach 223 1,214 1,499 2,967 1,211 2,672 4,938 7,031 2,545 412 117 412 S33 1.743 Total Pa 48.871 40.164 SUMMARY Total Recelpt5 Total Payments Net Recelpts 59.647 48M71 47,473 40,164 7.309 10.776 Bank Balances al tst August 2021:. Current Account Investment Account HSBC Oesl8naied Current Actount 32,858 10,992 55,802 32,858 10.914 48.571 99,652 92,343 IION28 99,652 Bank Balances at 31st July 2012:. Current Account Investment Account HS8C Designated Current account 33,937 32.858 10,992 55.802 76,491 IIOA28 99,652 Approved by the Board 0fTruees on and slgned on their behalf by:" 6c*wditch- Treasurer G Rld8eway- Trustee Pè8e S
MARGAM YOUTH CENTRE STATEMENT OF ASSEfs AND LIABIUTIES AT 31ST JULY 2022 2022 20ZI Moneta Assets Bank Current Account National Savings Investment Account 33,937 32,858 10,992 Designated Current Account: Rent Groeswen Projert Margam Youth Reseryes Ray Davies Foundatlon Interest New Build Fund New Roof Fund Alex Perry Foundation 1.500 8,000 6,413 1,500 6.413 1,820 69 40,(KKJ 91 41,870 10,992 7,625 76.491 55,802 IIOA28 99,652 Liabilities The Charity had no liabilities at 31st July 2022 other than accountancy fees of £250. Page 6
MARGAM YOUTH CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31JULY2022 ACCOUNTING POUCIES A¢¢ountlng convention The financial Statements have been prepared in accordance with the Charities SORP IFRS 1021 'A¢counting and Reporting by Charitie5- Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151,, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Irelan(I' alld the Charities Act 2011.The financial statements have been prepared on a going concern basis under the historical cost convention with the exception of investments which are included at market value, as modified by the revaluation of certain assets. The financial statements have been prepared to give a 'true and fair, view and have departed from the Charities IAccounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view,. This departure has invofved following the Accounting and Reportin8 by Charities preparing thelr accounts in accordance with ihe Firnancial Reportlng Standard applicable in the UK and Republic of Ireland IFRS1021 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from l April 21)J5 which has since been withdrawn. Margam Youth Centre meels the definition of 3 public enlity under FRS 102. Incoming resourtes All incomin8 resources are included on the Receipts and Payment account when the charitv is legal entitled to the income and the amount can be quafitifd with reasonable accuracy. Resources expended Expenditure 15 accounted for on a receipts and payments basis and ha5 been classified under headin85 that ggre8ate all cost related to the category. Where costs cannot be directly attributed to particubar headlngs they have been allocated to activities on a basls consistent with the use of resources. Tanglble fixed assets For use by the Chartty and belonging to the General Purposes Fund:. Burglar Alarms. Weightlifting Equipment, Refiigerator. Water Boiler. Trophy Case and other equiFMnent valued for insurance purposes at £11,03212021: £11.032}. The Club House Building 15 valued for insurance purposes at £136,64612021'. £136.6461. Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestricted fund5 can be used in accordance with the charitable objectives at the discretion ol the trustee5. Further explanation of the nature and purpose of each fund is Included in the notes to the finala1 statements. Page 7
MARGAM YOUTH CENTRE NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 JULY 2022 TRUSTEES REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year erided 31 July 2022 nor for the year ended 31 July 2021. Trustees, expenses There were no trustees, expenses paid for the year ended 31 July 2022 nor for the year ended 31 July 2021. MOVEMENT IN FUNDS Net Movement in funds Transfers between funds At 0110812021 At 3110712022 Unrestrfcted funds General fund Designated funds 38,669 55,801 94,470 17,7401 20,690 30,929 76A91 107N20 12,950 Restricted funds 5,182 99,652 12,1741 10.776 Total funds IIOA28 PURPOSE OF DESIG14ATED FUNDS The designated funds relate to future expenditure on the maintenance and repairs of the grounds. Groe5wen playing fields and dressing room complex. PURPOSE OF RESTRICTED FUNDS There were no restricted funds received thi5 year. Page 8
REGISTERED CHARITY NUMBER". 515319 CHARTERED ACCOUNIAf4T5 & BLISINESS ADVISERS VY iui v REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022 FOR MARGAM YoiJfH CENTRE wit>BdM&(O., HWViwhDn&Co.4ndwW&r•trrynn&flV8VUTrthd. InEwl•M&Wa4iND 0725rth53 Rtylst•rndOffici.Wu¢dll•ld HW5e.ta5tW11k.N21hSAII aL dtgraFrw¢O•lhw0lnthluKljlwt1d1Qt1AwI0II5trnntbunètsattfvttS bvthilthMi*o0fCh¥rWedAmWartÈlnErr4¥lldw¥
MARGAM YOUTH CENTRE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022 Page Report of the Trustees 1&2 Independent Examinerfs Report Receipts & Payments Account 4&5 ststement of A55ets and Liabilitbes Notes to the Financial Statements 7&8
MARGAM YOUTH CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2022 The trustees present their report with the financial statements of the charity for the year ended 31 July 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing thelr accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered CharSty number 515319 Prindpal address 2 Heol v Gwrgan Port Talb West Glamorgan SA13 2DG Trustees Mr George Ridgeway Mr Graham Bowditch Mr Brian Short Mr Paul Slee Independent examiner WBV Limited Charlered Accountants Woodfield House Castle Walk Neath West Glamor8an SAII 3LN STRUCTURE, GOVERNANCE AND MANAGEMENT Go¥ernlng document The constitution was adopted on 27 November 1977 as amended 20 December 1981, 11 April 1983 and 6 May 1984. Margam Youth Centre was registered with the Charity Commission on 13 July 1984. Rlsk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Page J
MARGAM Yoimi CENTRE REPORT OFTHE IRUSTEES FOR THE YEAR ENDED 31 JULY 2012 OBJECTIVESAND AcnvmES Objectlves and Alms Margam Youth CentTe is njn for the benefft of thildren withln Maryam and the surroufiding areas. oiher organlsatlons use the buildinB- coffeè mornings for old aBe pensionefS and bln80 evenlngs. The centre 15 focused on prDvidin8 football actlvltles for LyS and girls from ages 6 10 senior level. The artlvilies provlded are to benetit the people IniinE in Margam. The trustee5 have considered the facilities avallable and have pald due regard to the Ch)rity Comm155ion advlce on pthjllc benefit when conslderfng the artivitles undertaken. ACHIEVEMENT AND PERFORW4NCE Charftable artl¥iiles An overall surplus of É 10,77612021: surplusof £7.309 was 8enerntedl. FINANaAL REVIEW ReseThes pollty It Is the pollcy of the tharlty to malntain unrestrlcted funds, whlch aTe the free reseNes ol the charlty. This provide5 sufficlent funds to cover management and administration costs and to respond to emer8encv appll¢ation5 that may arise from tlme to time. The charity a150 malntalns designated funds to coverfutUTe unexperted expendltUTe on the Mainterte arKI paIrS of the grounds, Groeswen playing flelds and dressln8 room complex. Approved Iw orderot the board oltru51ees on /é èt&%22 and slgned on its behalf bv: G Rldgeway Trumee Ib, io,l(AL Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF MARGAM YOUTH CENTRE We report on the accounts for the year ended 31 July 2022 set out on pages four to eight. Respective responsSbSlltle5 of trustees and examiner The charily's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this period lunder Section 144121 of the Charities Act 2011 (the 2011 Actll and that an independent examinatlon is required. It Is our re5pon5ibility to: examine the accounts under Section 145 of the 2011 Act to follow the procedure5 laid down in ihe General Directions Biven by the Charlty Commission lunder Section 14515llbl of the 2011 Act). and to state whether p3rti¢ular matters have come to my attention. Bas15 of the Independent e[ner.$ report Our examination was ¢arrled out in accordance with the General Dlrections given by the Charlty Commlsslon. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It a150 Includes consideraiion of any unusual items or dis¢losures in the account5, and seekin8 explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be reqySred in an audit, and consequently no opinlon Is given as to wheiher the accounts pie5ent 'truè and fair view, and the report is limlted to those matters set out in the statements below. lftdependent examinerfs statement Vour attention is drawn to the fact that the charity h35 wepare(I the accounts Ifinanaal 5taternentsl in accordance with Accounting and Reporting by CharÈtles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {Fj 1021 in preference to the Attounting and Reporting by Charilies.. Statement of Recommended Practice i55ued on l Awil 2005 which is referred to In the extant regulations but has Sin been with(Jrawn. We understand th8t Ihis has been done in order for the accounts to provide a true and falr view in accordance with the Generally A¢pted AccountlnB Practice effective for pOrting periods beginning on or after l January 2015. In connection with our examination, no matter has come to our attention.. which gives us reasonable cause to believe that, in any material respect, the requirèments... to keep a¢¢ounting records in accordance with Se¢tlon 130 of the 2011 Act- and to Prepare accounts which accord with the accountin8 records and to comply with the accounting requirements of the 2011 Act have not been met- or to which in our opinlon, attention should be drawn in order to enable a proper understanding of the accounls to be reached. WBV Limited Chartered Accountants Woodfield House. Castle Walk Neath West Glamorgan SAII 3LN Page 3
MARGAM YOUTH CENTRE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2022 RECEIPTS AND PAYMENTS ACCOUNT 2022 2021 RECEIPTS Income Recei ts Grants and Oonations: Subscriptions and Membership Fees 15.676 Sundry Grants and Donations 29,522 6.416 39,322 45,198 45.738 Trading Activities,. Monles Received for Football Tickets and Hire of Buses Canteen 5,175 9,252 1.496 14A27 1,496 Fundraising: Special Efforts 155 155 Investment Income: Investment Account Interest 22 84 22 84 Total Recei 59,647 47.473 Page 4
AccouKfs FOR THE EAR ENDED 31 JULY 2022 RECEIPTS AND PAYMENTS ACCOUNT NTINUED Z02Z 2021 PAYMENYS Youth Club Equlpment 6,255 21.284 15.7 1,512 725 2,762 Insurance Waler Rate5 Tmphles and Flowers Repairs and Renewals Heatlns and Ll8htlng Fffld Malntenance Sports Equlpment Canteen Ttckels Covld Supplies Donations Cleanlng TeleplM)ne Coach 223 1,214 1,499 2,967 1,211 2,672 4,938 7,031 2,545 412 117 412 S33 1.743 Total Pa 48.871 40.164 SUMMARY Total Recelpt5 Total Payments Net Recelpts 59.647 48M71 47,473 40,164 7.309 10.776 Bank Balances al tst August 2021:. Current Account Investment Account HSBC Oesl8naied Current Actount 32,858 10,992 55,802 32,858 10.914 48.571 99,652 92,343 IION28 99,652 Bank Balances at 31st July 2012:. Current Account Investment Account HS8C Designated Current account 33,937 32.858 10,992 55.802 76,491 IIOA28 99,652 Approved by the Board 0fTruees on and slgned on their behalf by:" 6c*wditch- Treasurer G Rld8eway- Trustee Pè8e S
MARGAM YOUTH CENTRE STATEMENT OF ASSEfs AND LIABIUTIES AT 31ST JULY 2022 2022 20ZI Moneta Assets Bank Current Account National Savings Investment Account 33,937 32,858 10,992 Designated Current Account: Rent Groeswen Projert Margam Youth Reseryes Ray Davies Foundatlon Interest New Build Fund New Roof Fund Alex Perry Foundation 1.500 8,000 6,413 1,500 6.413 1,820 69 40,(KKJ 91 41,870 10,992 7,625 76.491 55,802 IIOA28 99,652 Liabilities The Charity had no liabilities at 31st July 2022 other than accountancy fees of £250. Page 6
MARGAM YOUTH CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31JULY2022 ACCOUNTING POUCIES A¢¢ountlng convention The financial Statements have been prepared in accordance with the Charities SORP IFRS 1021 'A¢counting and Reporting by Charitie5- Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151,, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Irelan(I' alld the Charities Act 2011.The financial statements have been prepared on a going concern basis under the historical cost convention with the exception of investments which are included at market value, as modified by the revaluation of certain assets. The financial statements have been prepared to give a 'true and fair, view and have departed from the Charities IAccounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view,. This departure has invofved following the Accounting and Reportin8 by Charities preparing thelr accounts in accordance with ihe Firnancial Reportlng Standard applicable in the UK and Republic of Ireland IFRS1021 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from l April 21)J5 which has since been withdrawn. Margam Youth Centre meels the definition of 3 public enlity under FRS 102. Incoming resourtes All incomin8 resources are included on the Receipts and Payment account when the charitv is legal entitled to the income and the amount can be quafitifd with reasonable accuracy. Resources expended Expenditure 15 accounted for on a receipts and payments basis and ha5 been classified under headin85 that ggre8ate all cost related to the category. Where costs cannot be directly attributed to particubar headlngs they have been allocated to activities on a basls consistent with the use of resources. Tanglble fixed assets For use by the Chartty and belonging to the General Purposes Fund:. Burglar Alarms. Weightlifting Equipment, Refiigerator. Water Boiler. Trophy Case and other equiFMnent valued for insurance purposes at £11,03212021: £11.032}. The Club House Building 15 valued for insurance purposes at £136,64612021'. £136.6461. Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestricted fund5 can be used in accordance with the charitable objectives at the discretion ol the trustee5. Further explanation of the nature and purpose of each fund is Included in the notes to the finala1 statements. Page 7
MARGAM YOUTH CENTRE NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 JULY 2022 TRUSTEES REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year erided 31 July 2022 nor for the year ended 31 July 2021. Trustees, expenses There were no trustees, expenses paid for the year ended 31 July 2022 nor for the year ended 31 July 2021. MOVEMENT IN FUNDS Net Movement in funds Transfers between funds At 0110812021 At 3110712022 Unrestrfcted funds General fund Designated funds 38,669 55,801 94,470 17,7401 20,690 30,929 76A91 107N20 12,950 Restricted funds 5,182 99,652 12,1741 10.776 Total funds IIOA28 PURPOSE OF DESIG14ATED FUNDS The designated funds relate to future expenditure on the maintenance and repairs of the grounds. Groe5wen playing fields and dressing room complex. PURPOSE OF RESTRICTED FUNDS There were no restricted funds received thi5 year. Page 8