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|Charity Information|||
|Report ofthe Management
Committee|||
|Statement ofTrustees'|Responsibilities||
|Independent
Examiner's|Report||
|Statement ofFinancial|Activities||
|Balance Sheet|||
|Notes to the Accounts||7 - 13|
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|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|
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|||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|
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|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||
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||||||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|
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||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|
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|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|
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|||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|