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2023-12-31-accounts

ANNUAL REPORT OF THE PREES CRICKET AND RECREATION CLUB FINANCIAL YEAR: 01/01/2023 TO 31/12/2023 CHARITY No 522559

  1. The principal address of the Prees Cricket and Recreation Club is Brades Road, Prees, Whitchurch, Shropshire SY13 2DX.

  2. The purposes of the charity and its administration are contained in a Trust Deed dated June 12th 1933.

  3. The aims of the charity are for the land which is the subject of the Trust Deed: “to be used in perpetuity as a non-sectarian and non-political place of recreation and social intercourse under the name of the Prees Cricket and Recreation Club for the advantage or benefit of the inhabitants of Prees aforesaid and the surrounding district either gratuitously or in consideration of any money payment or on such terms as the Trustees may think fit”.

“The trustees shall not permit the hereditaments hereby assured to be used for the purpose of any particular Church denomination or sect or any political party”.

  1. The following are used by the charity:

Bank: Barclays Bank, Leicester LE87 3BB

Solicitor: Hibberts LLP, 29, St Mary’s Street, Whitchurch, Shropshire SY13 1RA

  1. New trustees can be appointed by the existing trustees and one trustee appointed by Prees Parish Council.

  2. The trustees of the charity are:

Vincent Trevor Lines, Twotrees, Shrewsbury Road, Prees, Shropshire, SY13 3EY

Brian Edward John Hughes, 10 Cricket Meadow, Prees, Shropshire, SY13 2BZ

Reginald Paul Prince, Eastwood, Soulton Road, Wem, Shropshire, SY4 5HR

Phillip George Hodges, 20/21 Whitchurch Road, Prees, Whitchurch, Shropshire, SY13 2DG

Joseph Anthony Whelan, Eastwick Farm, Whitchurch Road, Prees, Shropshire, SY13 2DD

Richard Neale Sadler, Bridge Farm, Edstaston, Wem, Shropshire, SY4 5RG

  1. The trust property is held by appointed trustees on behalf of the charity.

  2. In the year 01/01/23 to 31/12/23 the main activities and achievements that the charity undertook in order to carry out its aims for the public benefit were:

Main Activities

1

Main Achievements

Signed:

: 10th July 2024

Richard Neale Sadler Chair of the Trustees.

2

Prees Cricket & Recreation Club Bar Trading Account to 31 Dec 2023

Bar Sales
Bar Purchases
Add Opening Stock
Less Closing Stock
Gross Profit (56.17%)
£
97,441.94
9,677.12
£
212,994.66
93,358.10
107,119.06
13,760.96
119,636.56

Prees Cricket & Recreation Club Income & Expenditure Account to 31 Dec 2023

Income
Bar Trading
Grants & Donations
Membership
Sports Sections
Entertainment / Fund Raising
Hire of Facilities
Snooker / Pool
Investment Income
Miscellaneous
Expenditure
Wages
103,154.17
Rent & Rates
550.40
Heat, Light & Power
9,580.77
Sports Sections
2,585.38
Insurance
3,899.04
Entertainment / Fund Raising
10,271.57
Telephone
980.35
Printing & Stationery
396.50
Professional Fees & Licences
1,320.00
Marketing & Advertising
260.00
Maintenance
29,520.19
Depreciation
6,895.08
Bank & Credit Charges
4,013.24
General Expenses
746.02
Excess of Expenditure over Income
103,154.17
550.40
9,580.77
2,585.38
3,899.04
10,271.57
980.35
396.50
1,320.00
260.00
29,520.19
6,895.08
4,013.24
746.02
£
119,636.56
11,293.55
5,467.33
4,792.00
1,930.50
24,860.23
372.11
227.38
127.18
168,706.84
174,172.71
-5,465.87

Prees Cricket & Recreation Club Balance Sheet at 31 December 2023

Fixed Assets
Clubhouse
Multi-Use Games Area
Floodlights
Office Equipment
Fixtures & Fittings
Artificial Cricket Pitch
Car Park
Current Assets
Stock
Debtors & Prepayments
Cash in Hand
Bank Account (Current)
Bank Account (Savings)
Current Liabilities
Creditors & Accruals
VAT Liability
Current Assets less Current Liabilities:
Total Assets less Current Liabilities:
Long Term Liabilities
Deferred Capital Grants
Total Assets less Total Liabilities:
Capital & Reserves
Reserves
P&L Account
£
£
680,072.29
81,943.72
32,508.22
2,888.16
117,443.44
2,115.40
16,927.38
933,898.61
13,760.96
7,105.94
5,043.82
3,282.38
18,801.67
47,994.77
3,102.64
4,937.21
8,039.85
39,954.92
973,853.53
180,080.94
180,080.94
793,772.59
799,238.46
-5,465.87
793,772.59

PREES CRICKET & RECREATION CLUB

| report on the accounts of the Trust for the year ended 31 December 2023.

Respective responsibilities of trustees and examiner The charity's trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed. It is my responsibility to:

Basis of the independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that:

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Name: - Diy hoafe - 4 & i=

Relevant professional qualification or body:

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Prees Cricket & Recreation Club Bar Trading Account to 31 Dec 2023

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|||||| |---|---|---|---|---| |£|£| |Bar|Sales|212,994.66| |Bar|Purchases|97,441.94| |Add|Opening|Stock|9,677.12| |107,119.06| |Less|Closing|Stock|13,760.96|93,358.10| |Gross|Profit|(56.17%)|119,636.56|

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Prees Cricket & Recreation Club Income & Expenditure Account to 31 Dec 2023

----- Start of picture text -----
|||||| |---|---|---|---|---| |income|£| |Bar Trading|119,636.56| |Grants|&|Donations|11,293.55| |Membership|5,467.33| |Sports|Sections|4,792.00| |Entertainment|/ Fund|Raising|1,930.50| |Hire|of|Facilities|24,860.23| |Snooker|/|Pool|372.11| |Investment|Income|227.38| |Miscellaneous|127.18| |168,706.84| |Expenditure| |Wages|103,154.17| |Rent|&|Rates|550.40| |Heat,|Light &|Power|9,580.77| |Sports|Sections|2,585.38| |Insurance|3,899.04| |Entertainment/ Fund|Raising|10,271.57| |Telephone|980.35| |Printing|&|Stationery|396.50| |Professional|Fees|&|Licences|1,320.00| |Marketing|& Advertising|260.00| |Maintenance|29,520.19| |Depreciation|6,895.08| |Bank &|Credit Charges|4,013.24| |General|Expenses|746.02|174,172.71| |Excess|of Expenditure|over Income|-5,465.87|

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Prees Cricket & Recreation Club

Balance Sheet at 31 December 2023

Fixed Assets £ £
Clubhouse 680,072.29
Multi-UseGamesArea 81,943.72
Floodlights 32,508.22
Office Equipment 2,888.16
Fixtures & Fittings 117,443.44
Artificial Cricket Pitch 2,115.40
CarPark 16,927.38
933,898.61
Current Assets
Stock 13,760.96
Debtors & Prepayments 7,105.94
Cash in Hand 5,043.82
BankAccount (Current) 3,282.38
BankAccount (Savings) 18,801.67
47,994.77
Current Liabilities
Creditors &Accruals 3,102.64
VAT Liability 4,937.21
8,039.85
CurrentAssets less Current Liabilities: 39,954.92
TotalAssets lessCurrent Liabilities: 973,853.53
Long Term Liabilities
Deferred Capital Grants 180,080.94
180,080.94
TotalAssets less Total Liabilities: 793,772.59
Capital & Reserves
Reserves 799,238.46
P&LAccount -5,465.87
793,772.59