| 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 |