HARRISONS RECREATION GROUND AND WELFARE INSTITUTE
Registered Charity No. 522668
STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
HARRISONS RECREATION GROUND AND WELFARE INSTITUTE
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
| INDEX | ||||||
|---|---|---|---|---|---|---|
| CONTENTS | PAGE | |||||
| Legal and Administrative |
Details |
1 | ||||
| Trustees' Report |
2-3 | |||||
| Independent Examiner's |
Report | 4 | ||||
| Statement of Financial |
Activities |
5 | ||||
| Balance Sheet |
6 | |||||
| Notes to the Financial |
Statements | 7-8 | ||||
| Sections Accounts |
9-10 |
HARRISONS RECREATION GROUND AND WELFARE INSTITUTE
LEGAL AND ADMINISTRATIVE DETAILS AS AT 31 DECEMBER 2022
REGISTERED CHARITY NUMBER
522668
TRUSTEES
Mr A J Kelsey Mr T Lowbridge Mr B Heath Mrs J Beckett Mr L Lucas Mr P Cotterill Mr R Vernals Mr R Myatt
SECRETARY SCHEME ADDRESS
INDEPENDENT EXAMINER
Mr T Lowbridge
Wharwell Lane Great Wyrley Walsall WS6 6EU J Wallage FCA CISWO (Trading) Limited The Old Rectory Rectory Drive Whiston Rotherham SoO 4JG
HARRISONS RECREATION GROUND AND WELFARE INSTITUTE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
The trustees present their report along with the financial statements of the charity for the year ended 31 December 2022. The financial statements have been prepared in accordance with the accounting policies set out in Note 1 to the accounts which can be found on page 8 and comply with the charities trust deed, applicable law and the Charities SORP FRS 102.
Constitution, Objectives and Activities for the Public Benefit
The charity is constituted by a scheme dated 3 March 2006 as amended by a resolution dated 28 February 2007.
Its objects are to provide a recreation ground and institute for the benefit of the inhabitants of the Parish of Great Wyrley and the surrounding area, particularly those who are members of the mining community.
The trustees have referred to the guidance given by the Charity Commission on public benefit when reviewing the charitys aims and objectives and details of activities that have taken place during the year can be found later in this report.
Organisational Structure
The trustees who have served the charity during the year are shown on page 1.
The charity is responsible for maintaining the premises and grounds in a suitable state of repair for use by those who live in the surrounding area. It raises income through various charitable activities such as hiring out its facilities for use by the public. In addition to this, the charity receives an occupational licence from its connected trading company, Harrisons Sports and Social Club Ltd, and an agreement is in place whereby all the profits of the company are donated to the charity under Gift Aid.
Trustee vacancies are advertised and interested parties are asked to apply in writing. Interviews will be held and suitable candidates are then notified to their nominating body being either CISWO, trade union or members. The trustee board is made up of equal numbers of each nominating body.
Financial Review
The charity had net expenditure of E4,713 for the year as compared with net expenditure of 27,047 in the previous year. The connected trading company made a profit for the year so was able to donate funds under gift aid to the charity amounting to El 1 ,383. The trustees will continue to work alongside the company directors to ensure that the company is profitable in the coming year.
Review of Activities
The Trustees remain very aware of the Charity Commission guidance for public benefit and have actively continued their commitment to provide recreational, social and sports facilities for the residents of Landywood, Great Wyrley and surrounding areas. This remains their top priority and they are proud to support the various sections of the Scheme.
The trustees are looking forward to the next 12 months and hope for better things in the future.
2
HARRISONS RECREATION GROUND AND WELFARE INSTITUTE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 41 DECEMBER 2022 (continued)
Investment Policy
There is no investment policy as such in place although the trustees have taken the sensible approach and placed some of the charity's liquid in an interest bearing bank account which provides a small amount of income for the charity but means that funds are available as and when they are needed.
Reserves Policy
It is the policy of the trustees to maintain unrestricted funds which are the free reserves of the charity, at a level to provide sufficient funds to cover anticipated administration and support costs for a period of 12 months. Any additional reserves are held to provide a capital fund for repairs that will be required for the upkeep of the premises.
Risk Management The trustees are aware of the operational and financial risks which the charity faces and regularly reviews those risks to mitigate against any impact they may have on the charity. The major risks facing the charity are the continued success of the social club from which it derives its main funding, the support of individuals and the community in using the facilities and the introduction of the younger generation to provide for the future. The trustees work closely with the directors and members to address these risks. Statement of Trustees' Responsibilities
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity and of the incoming resources and application of resources of the charity for that period. In preparing those financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.
Signed - T te Date 2025
Print Name - Trustee
3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HARRISONS RECREATION GROUND AND WELFARE INSTITUTE
I report to the Trustees on my examination of the accounts of the above named charity (registered no. 522668) for the year ended 31 December 2022, set out on pages 5 to 8.
Responsibilities and basi$ of report
As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act).
I report in respect of my examination of The Trustees' accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent Examiners Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
(1) accounting records were not kept in respect of the Charity as required by section 130 of the act: or (2) the accounts do not accord with those records; or
(3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give 'a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
goll(12QQ3
J Wallage FCA
Date
On behalf of CISWO (Trading) Ltd
The Old Rectory
Rectory Drive
Whiston
Rotherham
S60 4JG
4
HARRISONS RECREATION GROUND AND WELFARE INSTITUTE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022
| Unres- | Unres- | Rest- | Desiq- | Desiq- | Desiq- | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| tricted | ricted | nated | Total | Total | ||||||||
| Funds | Funds | Funds | 2022 | 2021 | ||||||||
| Income and Endowments |
Notes | |||||||||||
| Occupational licence |
12,000 | 12,000 | 12,000 | |||||||||
| Donation under gift aid Billiards, snooker and pool |
11,383 469 |
11,383 469 |
293 | |||||||||
| Grant income |
3,000 | |||||||||||
| Grounds rent |
2,656 | |||||||||||
| Room hire |
1 ,595 |
1 ,595 |
600 | |||||||||
| Other income |
257 | 257 | ||||||||||
| Sections income |
6 | 1 | ,245 |
1 ,245 |
924 | |||||||
| Total income |
25,704 | 1 ,245 |
26,949 | 19,473 | ||||||||
| Expenditure | ||||||||||||
| Direct charitable exoenditure |
||||||||||||
| - Rent, rates and water rates |
2,832 | 2,832 | 2,468 | |||||||||
| - Insurance |
1 ,635 |
1,635 | 1,641 | |||||||||
| - Light and heat |
12,454 | 12,454 | 9,046 | |||||||||
| - Property maintenance |
8,523 | 8,523 | 6,584 | |||||||||
| - Payments for sections |
619 | 619 | ||||||||||
| - Donations |
||||||||||||
| - Depreciation |
2 | 1,934 | 290 | 2,224 | 2,871 | |||||||
| Management and administration |
||||||||||||
| - Accountancy |
494 | 494 | 482 | |||||||||
| - Legal and professional fees |
539 | 539 | 495 | |||||||||
| - Sundries |
1,044 | 1,044 | 1,178 | |||||||||
| Other expenditure |
||||||||||||
| - Sections expenditure |
6 | 754 | 754 | 711 | ||||||||
| Total Expenditure |
30,618 | 290 | 754 | 31,662 | 26,520 | |||||||
| NET (EXPENDITURE) 1 INCOME FOR |
THE | YEAR | (4,914) | (290) | 491 | (4,713) | (7,047) | |||||
| Fund balances brought forward |
136,863 | 5,230 | 1,394 | 143,487 | 150,534 | |||||||
| Fund balances carried forward |
131 ,949 |
4,940 | 1,885 | 138.774 | 143,487 |
5
HARRISONS RECREATION GROUND AND WELFARE INSTITUTE
BALANCE SHEET AS AT 31 DECEMBER 2022
| NOTE | 2022 | 2021 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FIXED ASSETS |
||||||||||||
| Tangible fixed assets |
2 | 68,892 | 71,116 | |||||||||
| CURRENT ASSETS |
||||||||||||
| Debtors and prepayments |
3 | 47,855 | 31 ,267 |
|||||||||
| Cash at bank and in hand |
4 | 22,354 | 43,098 | |||||||||
| Balances held by sections |
6 | 1,885 | 1 | , 394 |
||||||||
| 72,094 | 75,759 | |||||||||||
| LESS: CURRENT LIABILITIES |
||||||||||||
| Creditors falling due within |
one |
year |
5 | (2,212) | (3,388) | |||||||
| NET CURRENT ASSETS |
69,882 | 72,371 | ||||||||||
| TOTAL ASSETS LESS CURRENT |
LIABILITIES |
138,774 | 143,487 | |||||||||
| TOTAL NET ASSETS |
138,774 | 143.487 | ||||||||||
| FUNDS | ||||||||||||
| Unrestricted funds - Accumulated surplus |
131,949 | 136,863 | ||||||||||
| Restricted funds |
4,940 | 5,230 | ||||||||||
| Designated funds - Sections |
6 | 1.885 | 1,394 | |||||||||
| 138,774 | 143.487 |
The accounts were approved by the trustees and signed on their behalf by:
z(Revoc Print Name - Trustee
Zoe
Date
6
HARRISONS RECREATION GROUND AND WELFARE INSTITUTE
NOTES TO THE ACCOUNTS
YEAR ENDED 31 DECEMBER 2022
1. ACCOUNTING POLICIES
a) Basis of preparation and assessment of going concern
The financial statements have been prepared under the historical cost convention unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (FRS 102), the Financial Reporting Standard (FRS102) and the Charities Act 2011.
The trustees consider that there are no material uncertainties about the Trust's ability to continue as a going concern. The trustees have a reasonable expectation that the Trust has adequate reserves to continue in operational existence for the foreseeable future. Accordingly the trustees continue to adopt the going concern basis in the preparation of the accounts.
b) Income Recognition
Income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Donations are recognised when they are received.
c) Expenditure recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of obligation can be measured reliably. All expenditure is accounted for on an accruals basis.
Grants are recognised when they are approved and the intention has been communicated to the recipient.
d) Depreciation
Depreciation is provided at the following annual rates and is intended to write off the cost of each asset over its estimated useful life.
Fixtures, fittings and equipment 15% reducing balance basis Sports ground equipment 15% reducing balance basis
The land and buildings are not depreciated.
| Freehold | Equipment | SP2@ |
|||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Land | Fixtures | Equipment | |||||||||||||||||
| puildinqs | Fittinq* | Total | |||||||||||||||||
| FIXED ASSETS |
|||||||||||||||||||
| Net Book |
Value | brought | forward |
as |
at | I | January | 2022 | 57,346 | 10,171 | 3,599 | 71,116 | |||||||
| Additions | in year |
||||||||||||||||||
| Depreciation charge |
for | the |
year |
(1 ,684) |
(540) | (2,224) | |||||||||||||
| Net Book |
Value | carried | forward as |
at | 31 | December |
2022 |
57,346 | 8,487 | 3,059 | 68,892 |
2. FIXED ASSETS
7
HARR!$ONS RECREATION GROUND AND WELFARE INSTITUTE
NOTES TO THE ACCOUNTS YEAR ENDED DECEMBER 202?
| 2022 | *021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 3. | PEBTOR$ |
|||||||||
| Balance due from Harrisons Sports VAT Prepayments and other debtors |
and | Social |
Club | Ltd | 46,036 593 1 ,226 |
29,935 105 1 ,227 |
||||
| 47,855 | 31 ,267 |
|||||||||
| 4. | CASH AT PANK AND IN HAND |
|||||||||
| Current account - Co-operative Deposit Account - Co-operative Cash in Hand |
Bank Bank Business |
Select |
15,729 2,522 4,103 |
38,935 2,497 1 ,666 |
||||||
| 22.354 | 43,098 | |||||||||
| 5. | CREDITORS FALLING PUE WITHIN ONE |
YEAR |
||||||||
| Accruals and other creditors |
2.212 | 3,388 | ||||||||
| 2,212 | 3,388 | |||||||||
| Prouqht | Income | Expen'e9 | C.rrie< | |||||||
| 6. | BALANCES HELP SECTIONS |
Forward | ||||||||
| Bowling Section Breakaway Bowling Section |
917 477 |
896 349 |
(535) (219) |
1,278 607 |
||||||
| 394 | 245 | 754 |
8
HARRISON} GROUNP AN!)
YEAR 41 pæcEMBER 2022
powwtgq SECTION
| INCOME | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Subscriptions | 896 | 641 | |||||||||||
| 896 | 641 | ||||||||||||
| EXPENDITURE | |||||||||||||
| League fees |
262 | 52 | |||||||||||
| Bowling green |
hire |
and |
maintenance |
134 | |||||||||
| Secretary and Treasurer |
40 | 40 | |||||||||||
| Score cards |
34 | ||||||||||||
| Meeting attendances |
15 | ||||||||||||
| Donation | 50 | ||||||||||||
| (535) | (92) | ||||||||||||
| SURPLUS FOR THE |
YEAR |
361 | 549 | ||||||||||
| Cash at bank and |
in |
hand |
brought | forward |
917 | 368 | |||||||
| Cash at bank and |
in | hand | carried |
forward | 1,278 | 917 |
9
HARRISONS RECREATION GROUND AND WELFARE INSTITUTE
YEAR ENDED 31 DECEMBER 2022
BREAKAWAYS BOWLING SECTION
| 2022 | 2021 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| INCOME | |||||||||||||
| Subscriptions and membership |
fees |
319 | 283 | ||||||||||
| Sale of bowls |
30 | ||||||||||||
| 349 | 283 | ||||||||||||
| EXPENDITURE | |||||||||||||
| League & association |
fees |
95 | 46 | ||||||||||
| Repairs & maintenance |
87 | 19 | |||||||||||
| Plants | 7 | ||||||||||||
| Refreshments | 5 | 31 | |||||||||||
| Chairman & secretary |
60 | ||||||||||||
| Travel allowance to league |
meetings | 45 | |||||||||||
| Sundries | 17 | ||||||||||||
| Opening balance difference |
(30) | 172 | |||||||||||
| (219) | (335) | ||||||||||||
| SURPLUS 1 (DEFICIT) FOR THE |
YEAR |
130 | (52) | ||||||||||
| Cash | at bank and in hand brought forward |
477 | 529 | ||||||||||
| Cash | at bank and in hand |
carried |
forward |
607 | 477 |
10