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2021-12-31-accounts
| TOWNVILLE RECREATION AND SPORTS CLUB |
|
| ACCOUNTS |
|
| FOR THE YEAR ENDED 31 DECEMBER 2021 |
|
| Contents |
|
|
Page |
| Legal and Administrative details |
1 |
| Trustees' Report |
2−3 |
| Independent Examiner's Report |
4 |
| Statement of Financial Activities |
5 |
| Balance Sheet |
6 |
| Income and Expenditure Account |
7 |
| Notes to the Accounts |
8−11 |
|
|
Unrestricted |
Restricted |
2021 |
2020 |
|
|
Funds |
Funds |
|
|
|
Note |
|
|
|
|
| Income and Endowments |
|
|
|
|
|
| Funds generated from commercial operations |
|
175,695 |
|
175,695 |
147,811 |
| Room hire and rental income |
|
3,180 |
|
3,180 |
1,850 |
| Snooker and pool income |
|
705 |
|
705 |
463 |
| Total Income |
|
179,580 |
|
179,580 |
150,124 |
| Less: Cost of generating funds from |
|
|
|
|
|
| commercial operations |
|
151,428 |
|
151,428 |
110,370 |
| Net income available for charitable application |
|
28,152 |
|
28,152 |
39,754 |
| Expenditure |
|
|
|
|
|
| Direct Charitable Expenditure |
|
|
|
|
|
| Rates and water |
|
6,561 |
|
6,561 |
5,957 |
| Insurance |
|
3,176 |
|
3,176 |
3,251 |
| Heat and light |
|
8,451 |
|
8,451 |
7,771 |
| Repairs and renewals |
|
2,738 |
|
2,738 |
4,923 |
| Depreciation |
|
805 |
8,974 |
9,779 |
9,632 |
|
|
21,731 |
8,974 |
30,705 |
31,534 |
| Managementand Administration |
|
|
|
|
|
| Bookkeeping fees |
|
3,600 |
|
3,600 |
3,850 |
| Accountancy |
|
1,150 |
|
1,150 |
1,150 |
| Bank charges |
|
1,085 |
|
1,085 |
979 |
| Total Charitable Expenditure |
|
27,566 |
8,974 |
36,540 |
37,513 |
| Total Expenditure |
|
178,994 |
8,974 |
187,968 |
147,883 |
| NET MOVEMENT IN FUNDS |
|
586 |
(8,974) |
(8,388) |
2,241 |
| Fund balances brought forward |
|
101,501 |
271,909 |
373,410 |
371,169 |
| Fund balances carried forward |
|
102,087 |
262,935 |
365,022 |
373,410 |
|
|
2021 |
2021 |
2020 |
2020 |
|
Note |
£ |
|
|
|
| Tangible fixed assets |
2 |
|
357,281 |
|
364,977 |
| Current assets |
|
|
|
|
|
| Stock of refreshments |
|
7,745 |
|
1,602 |
|
| Debtors |
3 |
3,590 |
|
3,718 |
|
| Cash at bank −current account |
|
10,055 |
|
8,003 |
|
| Cash in hand |
4 |
7,659 |
|
1,200 |
|
|
|
29,049 |
|
14,523 |
|
| Creditors : amounts falling due |
|
|
|
|
|
| within one year |
5 |
21,308 |
|
6,090 |
|
| Net current assets |
|
|
7,741 |
|
8,433 |
| Total assets less current liabilities |
|
£ |
365,022 |
£ |
373,410 |
| Represented by |
|
|
|
|
|
| FUNDS |
|
|
|
|
|
| Unrestricted Funds |
|
|
102,087 |
|
101,501 |
| Restricted Funds |
8 |
|
262,935 |
|
271,909 |
|
|
£ |
365,022 |
£ |
373,410 |
|
|
2021 |
2021 |
2020 |
2020 |
|
Note |
|
|
|
|
| Bar Takings |
|
|
120,718 |
|
73,484 |
| Cost of sales |
|
|
|
|
|
| Opening stock |
|
1,602 |
|
6,593 |
|
| Purchases |
|
68,914 |
|
34,960 |
|
|
|
70,516 |
|
41,553 |
|
| Closing stock |
|
7,745 |
|
1,602 |
|
|
|
|
62,771 |
|
39,951 |
| Gross profit |
|
|
57,947 |
|
33,533 |
| Other Income |
|
|
|
|
|
| Subscriptions |
|
|
|
250 |
|
| Fruit machines |
|
1,484 |
|
4,771 |
|
| Sundry receipts |
|
|
|
359 |
|
| WM DC−Covid Grants |
|
30,114 |
|
31,050 |
|
| Job Retention Scheme Grants |
|
22,554 |
|
31,735 |
|
| Members efforts |
6 |
825 |
|
6,162 |
|
|
|
|
54,977 |
|
74,327 |
|
|
|
112,924 |
|
107,860 |
| Expenditure |
|
|
|
|
|
| Wages |
7 |
76,585 |
|
58,038 |
|
| Entertainment and games expenses |
|
1,335 |
|
2,811 |
|
| Stocktaker |
|
760 |
|
855 |
|
| Fruit machine rental |
|
2,263 |
|
1,638 |
|
| Pool table rental |
|
485 |
|
312 |
|
| Telephone |
|
897 |
|
655 |
|
| Licences |
|
680 |
|
955 |
|
| Machine gaming duty |
|
297 |
|
955 |
|
| Printing, postage and stationery |
|
565 |
|
337 |
|
| Cleaning |
|
1,401 |
|
1,349 |
|
| Television licence and satelite rental |
|
2,942 |
|
2,515 |
|
| Donations |
|
400 |
|
|
|
| Sundries |
|
47 |
|
|
|
|
|
|
88,657 |
|
70,420 |
| Surplus for the year |
|
f |
24,267 |
f |
37,440 |
| Freehold land and buildings |
|
| Fixtures, fittings and equipment |
15% reducing balance |
| Club refurbishments |
10% reducing balance |
| Sports pavilion |
2% straight line basis |
| 2 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
|
Freehold |
|
Fixtures, |
|
|
|
|
|
land and |
Sports |
fittings & |
Club |
|
|
|
|
buildings |
pavilion |
**equipment ** |
refurbishment |
Total |
|
Cost |
|
|
|
|
|
|
|
At 1 January 2021 |
|
131,789 |
448,723 |
59,940 |
18,526 |
658,978 |
|
Additions |
|
|
|
2,083 |
− |
2,083 |
|
Released on disposals |
|
|
|
|
|
|
|
At 31 December 2021 |
|
131,789 |
448,723 |
62,023 |
18,526 |
661,061 |
|
Depreciation |
|
|
|
|
|
|
|
At 1 January 2021 |
|
40,583 |
179,487 |
57,593 |
16,338 |
294,001 |
|
Charge for year |
|
− |
8,974 |
586 |
219 |
9,779 |
|
Released on disposals |
|
|
|
|
|
|
|
At 31 December 2021 |
|
40,583 |
188,461 |
58,179 |
16,557 |
303,780 |
|
Net book values |
|
|
|
|
|
|
|
At 31 December 2021 |
|
91,206 |
260,262 |
3,844 |
1,969 |
357,281 |
|
At 31 December 2020 |
£ |
91,206 |
269,236 |
2,347 |
2,188 |
364,977 |
| 3 |
Debtors |
|
|
|
|
|
|
|
|
|
|
|
2021 |
|
2020 |
|
Other debtors |
|
|
|
|
|
2,086 |
|
Prepayments |
|
|
|
3,590 |
|
1,632 |
|
|
|
|
f |
3,590 |
£ |
3,718 |
| 4 |
Cash in hand |
|
|
|
|
|
|
|
|
|
|
|
2,021 |
|
2020 |
|
Bar float |
|
|
|
2,500 |
|
1,200 |
|
Steward |
|
|
|
5,159 |
|
|
|
|
|
|
£ |
7,659 |
f |
1,200 |
| 5 |
Creditors : amounts falling due |
|
|
|
|
|
within one year |
|
|
|
|
|
|
|
2021 |
|
2020 |
|
|
|
E |
|
E |
|
Trade creditors |
|
14,219 |
|
|
|
Accruals |
|
4,638 |
|
5,091 |
|
Social security and other taxes |
|
145 |
|
271 |
|
Value added tax |
|
2,306 |
|
728 |
|
|
£ |
21,308 |
E |
6,090 |
| 6 |
Members' efforts |
|
|
|
|
|
|
|
2021 |
|
2020 |
|
|
|
E |
|
E |
|
Bingo |
|
200 |
|
468 |
|
Members pool |
|
|
|
400 |
|
Forecast |
|
|
|
394 |
|
Donations |
|
|
|
4,900 |
|
Lottery king & football cards |
|
625 |
|
|
|
|
|
825 |
£ |
6,162 |
| 7 |
Wages |
|
2021 |
|
2020 |
|
Steward and relief |
|
15,067 |
|
20,373 |
|
Bar help and extra labour |
|
41,300 |
|
31,281 |
|
Employer's NIC |
|
|
|
|
|
Employer's pension contribution |
|
356 |
|
421 |
|
Cleaners' wages |
|
5,360 |
|
5,963 |
|
Redundancy |
|
14,502 |
|
|
|
|
E |
76,585 |
£ |
58,038 |