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2021-12-31-accounts

This is my 27[th] Annual Report in my capacity as your Chair.

It has been relentless in terms of growth and the excellent SUCCESS we have achieved.

My personal thanks to all Five Sporting Sections for your continuing support, and working together to ensure our mutual benefit.

The Trustees have likewise worked very hard, and I am proud to lead such a strong team of Volunteers, and I take this opportunity to sincerely thank them.

In my time as a Trustee ( 32 years ) this past year has been my busiest and most demanding.

We have had 11 formal Trustee Meetings, and I have been involved in 62 other meetings throughout the year, mainly with our new playing field at Brown Moor.

We are nearly there, and 2022 football season will see us playing on that 8 acre site with 5 pitches.

Our Club Manager Kirsty deserves a big “thank you” for getting us through another year of Covid protocols, and the challenges we have faced with the impact it has had on our operations.

The Government Grant Aid has been outstanding, and that has enabled us get through in financial terms, and Mike will highlight this in his financial report.

“Thanks “ Mike for also developing our new financial reporting model.

The work Graham our Secretary has done with improving our communications, and centralising all of our administration is outstanding. “ thanks “ Graham for this key contribution.

I have also relied a lot on Pete for his expertise on building regulations, working with our contractors etc, and that’s another big “ Thanks “ from me.

A key investment in 2021 has been the purchase of Two Defibrillators.

Thanks go to Richard for leading this project.

Keith has been appointed to head up the Bar and Hospitality, and this will give Kirsty professional help and guidance and support. “ Thanks “ Keith for taking on this challenging role !

Looking forward to 2022 here are our PRIORITIES, GRAND OPENING OF OUR THIRD PLAYING FIELD ( Five years in the making ) SECTION 106 APPLICATION FOR NETBALL AND TENNIS. BOWLS GREEN DRAINAGE. KITCHEN UPGRADE. TOILETS UPGRADE. BOUNDARY FENCING AT LOW CATTON ROAD FIELD. CRICKET CLUB PRACTICE NETS APPLICATIONS FOR GRANT AID.

In closing, I look forward to our first P.F.A. Trustee Annual Dinner on March 25[th] in support of the Netball Club Fund Raising programme.

Thank you, Bernard Stevens. Chair. S.B.P.F.A.

STAMFORD BRIDGE PLAYING FIELDS ASSOCIATION PFA ACCOUNT YEAR ENDED 31ST DECEMBER 2021

2021 2020
INCOME
RENTS 6050 7400 18.24
SUBSCRIPTIONS 2000 0 0.00
ROOM HIRE 589 1290 0.00
TOP RANK 700 700 0.00
CRICKET COACHING 200 175 14.29
WHIST 126 299 57.81
FUND RAISING 714 0 0.00
GRANTS ETC. COVID
FUND RAISING SUPPORT 5200 0
ARNOLD CLARK 500 0 0.00
MISC INCOME SALE OF CHAIRS 60 0 0.00
INTEREST 4 17 76.69
TOTAL INCOME 16143 9882 63.37

EXPENDITURE

BUILDINGS 3768 4699 19.80
VESTA FIRE 797 310 157.10
WATER 1898 801 137.03
INSURANCE 1256 1091 15.13
SECURITY / SAFETY 4001 0 0.00
GROSS BUILDING COSTS 11720 6900
BAR RECHARGE OF BUILDING COSTS -5353 0
NET BUILDING COSTS 6367 6900
GROUND MAINTENANCE - NET 5399 8202 34.18
EQUIPMENT REPAIRS 20 192 89.59
SERVICES CONTRIBUTION 2458 0 0.00
LESS CLOSURE COVID CONTRIBUTION -633
SUNDRIES WINDOWS 0 0 0.00
AUDIT 35 35 0.00
HEDGE TRIMMER 195 0 0.00
CHAIRS 70 0 0.00
BANK CHARGES 12 0 0.00
GOODWILL 0 278 0.00
FOOTBALL CLUB FA CONTRIBUTION 0 5000 0.00
TOTAL EXPENDITURE 13922 20607 32.44
NET REVENUE/COST 2221 -10726 120.71

BANK & CASH IN HAND 31/12/2021

----- Start of picture text -----
CURRENT ACCOUNT 598.25
SAVINGS ACCOUNT 20548.83
CASH 56.94
TOTAL 21204.02
----- End of picture text -----

TOTAL 21204.02
CURRENT ACCOUNT 31/12/2020 203.60
SAVINGS ACCOUNT 31/12/2020 15932.89
CASH 31/12/2020 199.19
OUTSTANDING PAYMENTS 31/12/2020
SB Football Club 5000.00
Covid Grant C/Fwd 5360.20
A64 Loohire 48.00
OUTSTANDING RECEIPTS 31/12/2020
Hague & Dixon 2400.00
IWS 189.07
NET REVENUE/COST 2021 2220.98
OUTSTANDING PAYMENTS 31/12/2021
N Darling Donaton 278.30
Glovers 146.88
Covid Grant C/Fwd 10041.31

BANK & CASH IN HAND 31/12/2021

21204.02

COVID RESERVES

2020
RECEIPTS
BAR RELEASE
SBPFA RELEASE
C/FWD
2021
RECEIPTS
BAR RELEASE
SBPFA SERVICES SUPPORT
SBPFA PURCHASE SUPPORT
SBPFA INCOME SUPPORT
C/FWD
FUND RAISING
714
COVID
FUND RAISING SUPPORT
5200
SBPFA PURCHASE SUPPORT
2012
12668.00
5977.19
1330.61
5360.20
16287.57
3761.40
632.94
2012.12
5200.00
10041.31
571
Mothers Day
130
Fish & Chips
13
Amazon
3300
Whist
1900
Fund Raising
2012
Pato Development

ACCOUNTING CHANGES AGREED FOR 2021

BUILDING MAINTENANCE COSTS NOW SPLIT EVENLY BETWEEN PFA & BAR SERVICE COSTS NOW SPLIT 1/3RD PFA & 2/3RDS BAR

GROUND CONTRIBUTIONS

2000 1000 Bowls
1000 Council

FINANCIAL REPORT AGM 9TH MARCH 2022

BAR RESULTS - DECEMBER 2021

Improved Sales are no surprise following the horrors of 2020.

Unfortunately the recovery in the 3rd Quarter to 2019 levels was not sustainable through the Final Quarter due to the restrictions that were put in place.

Despite all the problems we only saw a small drop in our GP %age of 1%.

Subscriptions have now been transferred to the PFA account but for comparison are down £290 due to our decision to fix the total revenue on the agreed formula

Expenditure review shows Building Maintenance nett of PFA Utility Charges to be close to the previous Rent Charge

Other small changes in Services Costs reflect the trading conditions of 2021 against 2020

Running Costs during the period of restriction in the early part of the year have been subsidised from the COVID Grants on the same basis as 2020

The Overall Result shows a small profit of £247 which is pleasing considering last years loss of £40

The increase in Cash in Hand is reduced by a the decrease in Stock influenced by current trading conditions to give the increase in Reserves

Copies of the Takings/Wages and Cash/Card reports for 2021 are available for viewing

PFA RESULTS - DECEMBER 2021

There are quite a few variances following the changes made to our allocations of Income & Expenditure, However there are no exceptional items due to these actions so these changes are confirmed as an accepted procedural change.

In light of Covid Grants received I have felt comfortable in releasing funds to cover Income Shortfalls from Fund Raising Activities over the last two years. We are still carrying forward sufficient reserves to ensure we are covered for the first part of 2022 should restrictions be re-imposed. In addition we have been eligible to claim in excess of £2k due to Plan B Restrictions and this claim has been made. We have not yet received monies as they have queried our eligibility. (Hospitality/Sport)

As a result of all these actions we are showing a positive increase in Reserves for 2021 clawing back some of the exceptional costs incurred in 2020.

The final page of the Year End Statement gives some breakdown of items that may raise questions.

2022 to date

There has been a steady start for the Bar with what appears to be good early year bookings. We have already received additional funds from the Dachshund Café and are seeing other organisations in the Pavilion.

I have just recently looked at providing Budgets for the current year as a basis for measuring items against our predictions. I have already proposed we retain subscriptions at £2k and feel comfortable in retaining Rents at 2021 levels subject to reviewing those that have received reductions over the last few years