TOWNVILLE RECREATION AND SPORTS CLUB STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 Reglstered Charity number 523980 TOWNVILLE RECREATION AND SPORTS CLUB ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 Contents Page Legal and Administrative detai15 Trustees, Report Independent Examiner's Report Statement of Financial Actlvities Balance Sheet Income and Expenditure Account Notes to the Accounts 8-11 PAGE I TOWNVILLE RECREATION AND SPORTS CLUB LEGAL AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2024 CHARITY REGISTRATION NUMBER 523980 TRUSTEES Mr S Ellerker MrA Mathew Mr M McNamara Mr D Booth CHAIRMAN Mr D Booth SECR YfARY Mr S Ellerker TREASURER Mrj Morgan SCHEME ADDRESS Poplar Avenue Townville Castleford West Yorkshlre WFIO 3QF BANKERS Co-operative Bank plc Olympic House olympic Court Montford Street Salford M5 2QP INDEPENDENT EXAMINER DN Harrison Hawkins 40-42 Castleford Road Normanton West Yorkshire WF6 2EE PAGE 2 TOWNVILLE RECREATION AND SPORTS CLUB REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 OECEMBER 2024 The trustee5 present their report along with the financial statements of the charity for the year ended 31 December 2024. The financial Statements have been prepared in accordance with the accounting policie5 set out in Note l of the account5 which can be found on page 8 and comply with the charity's trust deed, applicable law and the Charitie5 SORP FRS 102. Consthutlon, Objectives and Activitie5 for the Public Benefit The charity is constituted by a scheme dated 22 February 2007 and was registered on 19 june 1963 under the number 523980, Its charitable objectives are the provision of an institute and recreation ground benefit for the inhabitants l and in partlcular but not exclusively for the inhabitant5 who are member5 of the mining community) of the area of benefit without dlstinction of political, rellgious or other opinions with the object of improvlng the condltions of life of such inhabitants. Organlsatlonal Structure The trustees who have served the charity during the year are shown on page l. The charity Is managed by a Board of Trustees which meets approxirnately eight times a year on a formal basis. The trustees also spend a considerable amount of time on a daily/weekly basis managlng and developing the charity and Its activities. Trustee vacancie5 are advertised and interested parties are asked to apply in writing . Intervlews wlll be held and sultable candidates are then notified to their nominating body being either C15WO, trade union or member5. The Trustee Board Is made up of equal numbers of each nominating body. Flnancial Revlew The charity had net outgoing resources of £9,773 in the year12023 net incoming resources of £6,104), which is after charging depreciation of £12.915 (2023 £9,923) The net profit on the commercial operations as a Social Club is £42,82312023 £54,397). The contributlon to funds from these operations is therefore £11,574 less than in 2023. Review of Actlvitie5 The trustee5 have referred to the guidance 8iven by the Charity Commission on public benefit when reviewlng the aims and objectives and. as a result, the following have taken place during the year. Townville Recreation and Sports Club is a miners, welfare with its roots within the ltscal community. It offers a wide varlety of activities in which the member5 of the community are able to participate. Inside the club there are darts and dominoes nights on Monday5 and Wednesdays, the Monday league 15 in aid of the Prince of Wales Hosplce. On Thursdays there is the snooker league. On Sunday evening there is Ilve entertainment in the concert room and it 15 also used for presentation evenings for the club's own sports teams as well as other functions including birthdays, weddings, Sunior dance classes and 51imming world. The club hosts both children and pensioners Christmas parties and recently began to h05t the Bradford darts which has proved very popular. The club also has a secure outdoor seating area for familles. PAGE 3 TOWNVILLE RECREATION AND SPORTS CLUB REPORT OF THE TRUSTEE51 CONTINUED I FOR THE YEAR ENDED 31 DECEMBÉR 2024 Revlew of A¢tSvities l Contsnued I The outdoof 5POrtS 8rounds Includes the following Bowling Green Football This caters for all ages but 15 mole popular with the more mature mèmbers. There is a full size football pitch which is used by six junior team5 and an open age team. There 15 a150 a veterans team and a walking football night. This is a vèry popular actlvity at the club. There are two cricket teams and the club provlde5 coachln8 5esslons for all ages. Cricket Inve5tmo)>t Pollcy The charity does not have an investment policy in place a5 such but the trustees have taken the sensible appfoach and have placed rno5t of the ¢harity'S liquid assets in iThterest be81in8 bank accounts. Reserves Pollty It $5 the policy of the trustees to rnaintain unrestrlrted funds whith are the free reserves of the charity, at a level to provide sufficient funds to cover anticipated adrninistration and support costs lor a period of twelve months. Any addltionHI reserve5 are held to provlde z capltal fvnd for repalrs that will be iequired for the upkeep of the premise5. Rlsk Management The trustees are aware of the operational and financlal rlsks whlch the charity faces and regularly review5 th￿e ri5k5 to mitigate against any impact they mzy have on the charity. The major risks fzcin8 the charity are the support of individuals and the community In using the facilities and the introduction of the younger 8eneratlon to provlde for the future. The tru5tee5 work c105ely with the committee and rnembeTS to address these risks. 5taternent of Trustees Responslbllltles Law applicable to Charities in England and Wales requlres the trustees to prepare financial staternents for eath financial year which give a true and fair view of the charlty and of the incomlnB resource5 and applicatlon of resources of the charity for that period. In preparin8 those financial statemÈnts the trustees are required to.. select suitable accountin8 policies and apply them consistently observe the methods and princlples in the Charitie5 SORP make judgements and estimates that are reasonable and Pfudent state whether appllcable accounting standards have bÈen followed subjeet to anv rnatsrial departures disclosed and explained in the fsnancial Statements prepare the financial statements on the goin8 concem ba515 unle5$ It is inapprprlate to presume that the charlty will conttnue in operatlon. rhe trustee5 are also responsible for keeping proper accounting record5 which disclose with reasonable accuracy at any time the flnanctzl positlon of the dub and enable them to ersure that the financial statements comply with the harities Act 2011. They are also responsible for 53fe8uarding the a55ets ol the charity and hence for takin8 reasonable steps for the prevention of fraud and other Irregularities. Si8ned- Tr(tstee Print name. Trustee Date PAGE4 INDEPENDENT EXAMINER'S REPORTTO THETUSTEES OF TQWNVILLE RECREATION AND SPORT5 CLUB FOR THE YEAR ENDED 31 DECEM8ER 2024 I report to the Trustees on my exarnination of the accounts of the above named charlty (registered number 5239801 for the year ended 31 December 2024, Set out on pages 5 to 11. Responslbilities and basls of report As the charity trustees you are responslble for the preparation of the accounts In acordance with the requirements of the charities Act 2011 (the Actl. I report In respect of my exarnination of the Trustee5' accounts carrSed out under section 145 of the 2011 Att and In carrying out my examinatlon I have followed all applicable directlons Elven by the Charity Commission under sectlon 14515llbl of the 2011 Act. Independent Examlners Statement I have completed my examination. l Confirm that no material matters have come to my attentlon in tonnection with the examination giving me cause to believe that in any material respect: 111 accounting records We￿ not kept In repert of the Charity as ￿quired by section 130 of the Act.. or 121 the accounts do not accord with those record5 or 121 the accounts do not comply with the applicable requirement5 conceining the form and any content of accounts set out in the Charities (Accounts and Reports) Regulation$ 2008 other than any reqL*irement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent exarninatlon. I have no concerns and have come acrDSS no other matters in tonnection with the examinatlon to whlch attentlon should be drawn in this report in order to enable a proper understanding of the account5 to be reached. DN Harrison Hawkins 40-42 Castleford Road Normanton West Yorkshire WF6 2EE Oate PAGE 5 TOWNVILLE RECREATION AND SPORT5 CLUB STATEMENT OF FINANCIAL AcnviTIES FOR THE YEAR ENDED 31 DECEMBER Z024 Unrestrlcted Restrlcted 2024 Funds Funds 2023 Note Income and Endowments Funds generated from commercial operatlons Room hire and rental income Snooker and pool Income Rates refund Council tax refund 264,001 9,768 1,705 264,001 9,768 1,705 291,258 2,720 1,399 10,598 14,450 Total Income 275,474 275,474 320,425 Le55- Cost of generating funds from commertial operations 221,178 221,178 236,861 Net income avallable for charltable application 54,296 54,296 83,564 Expendlture Direct Charltable Expenditure Flates and water Insurance Heat arbd light Repairs and ￿newaIS Depreciatlon 7,617 3.138 20,363 10,042 3,941 7,617 3,138 20,363 10,042 12,915 9,364 3.062 17,472 22,644 9,923 8.974 45,101 8,974 54,075 62,465 Management and Admlnistratlon Bookkeeping fees Accountsncy Professional fees Bank charges 5,900 1.500 5,900 1,500 6,WO 1,375 5,020 2,600 2,S94 2,594 Total Charltable Expendlture 55,095 8,974 64,069 77,460 Total Expenditure 276.273 8,974 285,247 314,321 NET MOVEMENT IN FUNDS 17991 18,9741 {9,7731 6,104 Fund balances brought forward 269,037 108,518 377,555 371,451 Fund balances carrfed forward 268,238 99,544 367,782 377,555 PAGE 6 TOWNVILLE RECREATION AND SPORTS CLUB BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 ote Tan8ible fixed as5etS 357,847 367,073 Current a55ets Stock of refreshments Debtors Cash at bank - current account Cash in hand 5,116 3,319 18,270 5,887 7.324 4,712 10,380 9.121 32,592 31,537 Creditor5 . amounts falllng due withln one year 22,657 21.055 Net current assets 9,935 10,482 Total assets less current Ilabllltles 367,782 £ 377.S55 Represented by FUNDS Unrestricted Funds Restricted Fund5 268,238 99,544 269,037 108,518 367,782 377,555 The accounts have been prepared in accordance with the provislons of Financial Reporting Standard 102 Section IA 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, The accounts were approved by the Trustees and signed on their behalf by '. Signed - Trustee Print name Date PAGE 7 TOWNVILLE RECREATION AND SPORTS CLUB INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Note Bar Takings 252,696 261,816 Cost of sales Opening stock Purchase5 7,324 114,992 122,316 5,116 5,421 131,673 137,094 7,324 Closlng stock 117,200 129,770 Gr055 profit 135,496 132,046 Other Income Subscriptions Fruit machines Sundry receipts Member5 efforts 146 4,934 804 5,421 7.195 22,247 11,305 29,442 146,801 161,488 Expendlture Wage5 Entertainment and games expenses Stocktaker Fruit machine rental Pool table rental Telephone Licences Machine gaming duty Printing. postage and stationery Cleaning Television licence and satelite rental Donations Sundries 79,224 6,585 1,315 3,640 455 1,436 616 987 1,620 3,861 3,743 18 478 82,759 4,890 1,260 3,640 780 902 1,311 1,439 666 4,339 3,499 460 1,146 103,978 107,091 Surplus for the year 42,823 54,397 PAGE 8 TOWNVILLE RECREATION AND SPORTS CLUB NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng policies Basis of ac¢ountlng The financial statement5 have been prepared in accordance with the historical cost convention unless otherwise stated Sn the relevant notes to these accounts. The financSal Statements have been prepared in accordance with the Statement of Recommended Practice.. Accountin8 and Reporting by Charlties IFRS 1021 and the Charities Art 2011. The trustees consider that there are no material uncertainties about the tru5t'5 ability to continue as a Eolng concern. The trustee5 have a reasonable expectatlon that the Trust ha5 adequate reserves to continue in operational exlstence for the forseeable future. Accordingly the trustee5 continue to adopt the going concern basis in the preparation of its accounts. Income Recognition Income 15 recognised once the Charity has entitlement to the Income, It is probable that the income will be recelved and the amount of income recelvable can be measured rellably. Donations are recogn15ed when they are received. Expendlture Recognitloft Liabilities are recognised as expenditure as soon as there is a legal or constructlve obligation committing the charity to that expenditure, it is probable that settlement will be requlred and the amount ol the obllgatlon can be measured reliably. All expenditure is accounted for on a accruals basis. Tanglble fixed assets and depreciatlon Depreciation is provided at rates calculated to write off the cost less residLsal value of each a55et over its expected useful life, as follows Freehold land and bulldings Fixtures, fittings and equipment Club refurbishments Sports pavilion 15% reducing balance IO% reducing balance 2% straight line bas15 No depreciation has been provided on freehold property as, In the opinion of the trustees, the buildings have been depreclated sufficiently and the freehold land'5 value is far In exce55 of its current book value. 5to¢k Stock was valued by a professional stocktaker at cost price, le55 value added tax. PAGE 9 TOWNVILLE RECREATION AND SPORTS CLUB NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 Tanglble flxed a55ets Freehold Fixtures, land and Sports fittings & Club bulldings pavllion equlpment refurbishment Totsl C05t At l January 2024 Additions Released on disposals At 31 December 2024 131,789 448,723 64,849 3.689 43.526 688.887 3,689 131,789 448,723 68,538 43,526 692,576 Depreciatlon At l January 2024 Charge for year Released on disp05als At 31 December 2024 40,583 206,409 8,974 57,891 1,282 16,931 321,814 2,659 12,915 40,583 215,383 59,173 19,590 334,729 Net book values At 31 December 2024 91.206 233,340 9,365 23,936 357,847 At 31 December 2023 91,206 242,314 6,958 26,595 367,073 Debtors 2024 2023 Value added tax Prepayments 889 3,823 3,319 3,319 4,712 Cash In hand 2024 2023 Bar float Steward 2,600 3.287 2,900 6,221 5,887 9,121 PAGE 10 TOWNVILLE RECREATION AND SPORTS CLUB NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 Creditors . amounts falling due within one year 2024 2023 Trade credltors Accruals Social security and other taxes Value added tsx 9,321 7,692 265 5,379 13,025 7,656 374 22,657 21,055 Members. Èfforts 2024 2023 Bingo Donations Lottery king & football cards 3.850 852 719 700 20.805 742 5,421 22,247 Wages 2024 2023 Bar help and extra labour Employer's pension contribution Cleaners, wages 68,788 403 10.033 73.413 396 8,950 79,224 82,759 PAGE 11 TOWNVILLE RECREATION AND SPORTS CLUB NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 Re5trlcted Funds During 2000 the charity was awarded a grant by the English Sports Council, on the recommendatlon of the Sport England Lottery Panel. The grant wa5 to be used 501ely towards financing the provision of a new 5POrts pavilion. This capital srant was credited to a restrlcted fund against which depreciatlon of the completed pavilion is charged. Particular5 of employees The average number of employee5 duringthe yearwas 912023..81. io Ultlmate controllin8 party The club Is controlled by the Management Committee on behalf of the member5,