| Page No. | ||
|---|---|---|
| Charity Information | ||
| Report ofthe Management Committee |
||
| Statement ofTrustees' | Responsibilities | |
| Independent Examiner's |
Report | |
| Statement ofFinancial | Activities | |
| Balance Sheet | ||
| Notes to the Accounts | 7 - 13 |
| STATKMKNT OF FINANCIAL A | CTI | VITIES FOR T | HE YEAR E | NDED 31" | MARCH | 2023 |
|---|---|---|---|---|---|---|
| Uurestricted | Permanent | Restricted | Total | Total | ||
| Funds | Endowment | Funds | 2023 | 2022 | ||
| Notes | Funds | |||||
| Incoming resources from | ||||||
| generated funds Voluntmy income |
2 | 26,096 | 48,860 | 74,956 | 30,436 | |
| Activities for generating funds |
||||||
| Canteen takulgs | 9,702 | 9,702 | 7,201 | |||
| Room and pitch hire | 17,426 | 17,426 | 14,643 | |||
| Rental I'rom land | 1,500 | 1,500 | 1,500 | |||
| Investment income |
7,264 | 7,264 | 9,574 | |||
| Total incoming resources |
61,988 | 48,860 | 110,848 | 63,354 | ||
| Resources expended | ||||||
| Costs ofgenerating funds Canteen goods Commission-grant income |
8,663 | 8,663 | 6,006 500 |
|||
| 8,663 | 8,663 | 6,506 | ||||
| Charitable activities |
||||||
| Volunteer costs |
210 | 210 | 235 | |||
| Salaly Premises costs |
12,505 47,445 |
4,419 | 12,505 51,864 |
11,524 29,516 |
||
| Activities, courses and equipment | 3,373 | 1,543 | 4,916 | 3.638 | ||
| Telephone, Internet &Website costs Placating stationery and postage |
872 49 |
872 49 |
1,001 85 |
|||
| 64,454 | 5,962 | 70.416 | 45,999 | |||
| Governance costs |
2,200 | 2,200 | 1,646 | |||
| Total resources expended | 75,317 | 5,962 | 81,279 | 54,151 | ||
| Net incoming (outgoing) resources before other recognised gains &losses |
(13,329) | 42,898 | 29,569 | 9,203 | ||
| Realised snd unrealised gains (losses) |
||||||
| on investment assets |
( 3,011) | (12,427) | - | (15,438) | 12,237 | |
| Net movement in funds |
(16,340) | (12,427) | 42,898 | 14,131 | 21,440 | |
| Total funds as at I"April 2022 (as restated) | I | 45,032 | 251,887 | 24,452 | 321,371 | 299,931 |
| Total funds as at 31*'March 2023 | 28,692 | 239,460 | 67,350 | 335,502 | 321,371 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Fixed assets | |||||
| Tangible assets | 169,854 | 116,576 | |||
| Investments | 148,907 | 192,868 | |||
| 318,761 | 309,444 | ||||
| Current assets | |||||
| Stock | 615 | 444 | |||
| Debtors | 8,821 | 5,899 | |||
| Cash and bank balances | 11,280 | 9,905 | |||
| 20,716 | 16,248 | ||||
| Current Liabilities: | |||||
| Payable within one year | |||||
| Creditors | 9 | 3,975 | 4,321 | ||
| Net caneat assets | 16,741 | 11,927 | |||
| Net assets | 335,502 | 321,371 | |||
| Capital Funds | |||||
| Permanent Endowment |
10 | 239,460 | 251,887(as restated) | ||
| Income Funds | |||||
| Umestricted funds |
28,692 | 45,032(as restated | |||
| Restricted funds | 67,350 | 24,452 | |||
| 12 | 335,502 | 321,371 |
| 2. | Voluntary inco |
me | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||
| Funds | Funds | 2023 | 2022 | ||||||
| E | |||||||||
| Grants and donations | received | ||||||||
| Tesco | 1,000 | 1,000 | |||||||
| Atnold Clark | 1,000 | ||||||||
| Stockpott Playing Fields | Society | 2,500 | 2,500 | ||||||
| The Ephraim Hallam |
charity | 2,750 | 2,750 | 2,750 | |||||
| The Greater Manchester | High Shettlps | Police Trust | 3,250 | ||||||
| Forever Manchester | 2,021 | ||||||||
| Wm Nelstop & | CoLtd | 1,000 | |||||||
| Suez Tmst | 45,360 | 45,360 | |||||||
| Donations in kind | 8,664 | 8,664 | 9,216 | ||||||
| Others | 795 | 795 | 350 | ||||||
| Legacy-Estate ofStuart | Penny deceased | 2,500 | 2,500 | ||||||
| HMRC-Furlough | grants | 422 | |||||||
| 14,709 | 48,860 | 63,569 | 20,009 | ||||||
| Members subscriptions |
11,387 | 11,387 | 10,427 | ||||||
| Total voluntary | income | 26,096 | 48,860 | 74,956 | 30,436 | ||||
| 3. | Investment Income |
||||||||
| Unrestricted | Total | Total | |||||||
| Funds | 2023 | 2022 | |||||||
| Quoted investments | 7,223 | 7,223 | 9,574 | ||||||
| Bauk interest | 41 | 41 | |||||||
| 7,264 | 7,264 | 9,574 | |||||||
| 4. | Premises costs | ||||||||
| Unrestricted | Restricted | Total | Total | ||||||
| Fund | Fund | 2023 | 2022 | ||||||
| Heanng and lighting |
13,292 | 13,292 | 2,872 | ||||||
| Council tax and | water | 1,281 | 1,281 | 957 | |||||
| Insm'ance s | 4,280 | 4,280 | 4,680 | ||||||
| Cleaning | 3,281 | 3,281 | 5,456 | ||||||
| Repaus and maintenance | 11,850 | 11,850 | 9,566 | ||||||
| Replacemeut boiler |
10,900 | 10,900 | |||||||
| Depreciation:- | |||||||||
| Equipment etc |
1,220 | 3,280 | 4,500 | 4,461 | |||||
| Outside Play | area | 91 | 1,139 | 1,230 | |||||
| Utilities review | fee | 492 | 492 | 588 | |||||
| Sundries | 758 | 758 | 936 | ||||||
| 47,445 | 4,419 | 51,864 | 29,516 |
| Unrestricted | Unrestricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| Funds | 2023 | 2022 | ||||||
| g | g | |||||||
| 5.Goveruance costs |
||||||||
| Investment fees |
478 | 478 | 78 | |||||
| Independent examiner's |
fees | 980 | 980 | 888 | ||||
| Trustees' Indemnity |
Insurance | (Note 13) | 742 | 742 | 680 | |||
| 2,200 | 2,200 | 1,646 | ||||||
| 6.Tangible Fixed Assets | ||||||||
| Freehold Land | Outside | |||||||
| and Buildings | Play | area | Equipment | Total | ||||
| Cost | ||||||||
| At la April 2022 | 107,322 | 26,646 | 133,968 | |||||
| Addition | 59,008 | 59,008 | ||||||
| At 31"March 2023 | 107,322 | 59,008 | 26,646 | 192,976 | ||||
| Depreciation | ||||||||
| At Ia April 2022 | 17,392 | 17,392 | ||||||
| Charge for year | 1,230 | 4,500 | 5,730 | |||||
| At 31"March 2023 | 1,230 | 21,892 | 23,122 | |||||
| Net BookValue | ||||||||
| At 31"March 2023 | 107,322 | 57,778 | 4,754 | 169,854 | ||||
| At 31"March 2022 | 107,322 | 9,254 | 116,576 |
| NOTES TO T | HE | ACCO | UNTS FORTHE YEAR ENDED | 31" | MARCH 20 | 23 | |
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Investments | |||||||
| Quoted investments at market |
value | (a) | 119,240 | 162,839 | |||
| Cash awaiting investment |
1,657 | 209 | |||||
| Authorised Unit Tmsts |
(b) | 28,010 | 29,820 | ||||
| 148,907 | 192,868 | ||||||
| (a) | The Quoted investments | comprise | |||||
| Market Value at: | |||||||
| As at 31"March 2022 | 162,839 | 151,445 | |||||
| Additions | 10,082 | ||||||
| Disposals | ( | 20,642) | |||||
| Unrealised gain(loss) on revaluation |
( 13,460) | 10,212 | |||||
| Realised loss on disposal | ( | 169) | |||||
| Net movement in cash |
(19,410) | 1,182 | |||||
| Market value at 31"March 2023 | 119,240 | 162,839 | |||||
| Cost at 31"March 2023 | 84,447 | 121,853 | |||||
| Investmeuts in individual |
entities | ||||||
| which are over 5%ofportfolio by value are: | |||||||
| Glaxo SmithKliue Plc | |||||||
| 872 25p Ordinary Shares |
12,461 | 17,971 | |||||
| Ferguson Plc | |||||||
| 343 10pOrdinary Shares |
36,530 | 35,063 | |||||
| Ladbrokes Group Finance | |||||||
| f.10,0005.125%Bonds 2022 | 10,114 | ||||||
| Santander | |||||||
| f6050 10/s %Non Cum Stlg | PrefNotes | 8,077 | 9,913 | ||||
| Wasps Finance | |||||||
| XI3,2006.5%Bond | 5,061 | 12,336 | |||||
| (b) | Authorised Unit Trust |
||||||
| M &G Investments | |||||||
| Equities Invesuneut Fund |
for | charity | (Charifund) | ||||
| 1887.726 units Market Value | at 31a March 2023 | 28,010 | 29,820 | ||||
| Cost at 31"March 2023 | 21,407 | 21,407 | |||||
| (c) | Sir Alan Sykes Trust | ||||||
| Iuvestments were received in |
2004 Irom the Sir Alau Sykes Trust under | ||||||
| terms that they should be held | as capital. | ||||||
| Market Value ofinvestments | included | in the Balance Sheet | |||||
| At 31"March 2023 | 86,683 | 89,439 | |||||
| At Cost | 47,382 | 47,854 |
| 8. | Debtors | 2023 | 2022 | |||||
|---|---|---|---|---|---|---|---|---|
| Prepayments and accmed income |
8,821 | 5,899 | ||||||
| 9. | Creditors | |||||||
| Accruals | 3,975 | 4,321 | ||||||
| 10. | Permanent Endowment |
Funds | As restated | |||||
| Building &playing | field | fund | 107,322 | 107,322 | ||||
| Invesnnent fund |
130,927 | 143,354 | ||||||
| Cash at bank | 1,211 | 1,211 | ||||||
| 239,460 | 251,887 | |||||||
| 11. | Analysis ofCharitable | Funds: | ||||||
| Analysis ofMovement | in Restricted Funds | |||||||
| 31a | At March 2022 |
Incoming Resources |
Resources Expended |
At 31"March 2023 |
||||
| Grants Received: - | Purpose | |||||||
| Boys &Girls Clubs | ||||||||
| OfGreater Manchester | Covid-19 protection | 70 | 70 | |||||
| Equity Housing Group |
Boxing equipment | 2,216 | (1,078) | 1,138 | ||||
| Big Lottery Fund | ||||||||
| -Awards For All | Fun Days | 1,029 | (1,029) | |||||
| The Greater Manchester | ||||||||
| High Shentff Police | Trust:- | |||||||
| Furniture | 2,514 | (212) | 2,302 | |||||
| Play area | 3,195 | ( 67) | 3,128 | |||||
| Tl'allllng | 2,950 | ( 513) | 2,437 | |||||
| England Sports Council | Equipment | 3,730 | (1,800) | 1,930 | ||||
| The Duchy ofLancaster | ||||||||
| Benevolent Fund |
Play area | 1,800 | ( 38) | 1,762 | ||||
| Life Leisure | Boxing equipment | 1,990 | 1,990 | |||||
| Zachonis Charitable | Trust Play area | 1,800 | ( 37) | 1,763 | ||||
| Stockport MBC | Plaques | 672 | 672 | |||||
| Various | Donations | received | ||||||
| to replace | stolen | |||||||
| security cameras | 665 | ( 190 ) | 475 | |||||
| Forever Manchester | Training | 1,821 | 1,821 | |||||
| Suez Trust | Play area | 45,360 | ( 945) | 44,415 | ||||
| Stockport Playing Fields | ||||||||
| Society | Play area | 2,500 | ( 53) | 2,447 | ||||
| Tesco | Adventure | weekend | 1,000 | 1,000 | ||||
| 24,452 | 48,860 | (5,962) | 67,350 |
| Unrestricted | Permanent | Restricted | Total | ||
|---|---|---|---|---|---|
| Funds | Endowment | Funds | |||
| Funds | |||||
| Balances at | 1"April 2022 | ||||
| as previously | reported | 53,612 | 243,307 | 24,452 | 321,371 |
| Prior year adjustment | ( 8,580) | 8,580 | |||
| As restated | 45,032 | 251,887 | 24,452 | 321,371 |