WALTON COMMUNITY CENTRE AND RECREATION GROUND REGISTERED CHARITY NO: 523989 FINANCIAL TATEMEN FOR THE YEAR ENDED 31 MARCH 2023
WALTON COMMUNITY CENTRE AND RECREATI ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 INDEX CONTENTS PAGE Legal and Adrnininslrative Details Twstaes. R8POrt Independent Exarninerfs Report Statement of Financial ActNrties Balance Sheet Notes lo the Finandal Statements Section Accounts 10-13
WALTON COMMUNITY CENTRE AND RECREATION GROUND CHARITY REGISTPATION NO- 523989 LE AL ANO ADMINI TRATIVE DETAILS TRUSTEES.. Mr N Robinson Mr J Robinson Mr D McGuire Mr A Dudley SCHEME ADDRESS: Shay Lane Walton Wakefièld WF2 6LA BANKERS.. Santander Bridle Road Bootle er5eyside GIR OAA INDEPENDENT EXAMINER: J Wallage FCA CISWO ITradingl Lirnrted The Old Rectory Reciory Drive Whiston Rotharham S60 4JG
WALTON COMMUNITY CENTRE ANO RECREATION GROUND REP RT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 The Trustees present their report along wth the finandal statements of the charty lor the year ended 31 Mareh 2023. The financial staternents have been prepared in accordan with the accounting policies set out In Note 1 to the accounts whh c8n be found on page 7. Constltutlon and ObPets The charity is constituted by a Conveyance dated 25th Novembar 1955 and a trust daed dated 241h Febiuary 1965, and is registered under the number 523989. Its objective is lo provide a recreation grcund and community centre provKling faalities for physul training and reatIon fof the peoplè of Watton and the surrounding area. The trustees have refeThed to the guidance gNen by the Charfty Commlsslon on publlc bènefit whèn reviewing the charitys aims and objectives and details of the activitiès that ha tak&n place during th• year can be found later in this report. Or9ani•otional Structure The trust8ès who have $8rved the ¢harty during the year are shown on page 1. The charity is responsible for maintalning the pMiseS and grounds in a suitable state of repair for u$e by those who live in the surrounding area. 11 raises income through various charitabte aclivrties, the main one being thè hirin9 out of ils facilities lo the public. In addity'on to this. the connected trading company, Wall(>n Club Limited. pays an annual OccJJpational Len Fee to the charity in addition to grft-aKling rts taxable profrts to the Chartty for charitable u58ge. Trustee vacancies are advertised and interested parties are asked to appty in writ"In9. Interviews will be held and suitable candidates are then notified to their nominating body being either CISWO, trade union or members. The Trustee 8oaid 15 fflade up of 8gual numb8r5 of each nomhnaling body. Flnanclal Revlew The charity had net incoming resources of £10,SOO12022 net incoming resources £22,027). The vanous $ub-5ection5 at the scheme had a combined deficit of £2,615 for the year1£2,096 surplus in the previous yearl which resulted in an overall sum of £7.885 net incoming resources for the year12022 net incomyig resources £24.1231. The trustees are carefulty managing the charitys finances and are satisfied that it will be ab to continue to meet its obligations for the foreseeable future. Review of Activities and Public 8eneflts The trustees have referred to Ihe guidan gNen by the Charity Commission on Public Benefit when reviewing th6 aims and obj8Ctwes and. as 8 resul. the following have taken pkqce during the year. The trustees have been working very hard over the last 12 months keeping everything up to dale and running smoothly al the ntre. Membership is still increasing and It will help strengthen Oltr positN)n as a cenlie for the communty. Activitiè Overall in gènèral tha cantr$ is doing OK bul still needs your support to further improve the centre, pkase, please get involved 8rKI join us he to make the centre a great place for everyone lo Come and enjoy. The trustees are looking forward to the next 12 monlhs and hope for better things to come in the future.
WALTON COMMUNITY CENTRE AND RECREATION GROUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 CONTINUED Invo8tmont Pollcy The truste85 do not have an investrnent policy in place as such but they have taken the sensible approach and placed the charity's liquid assets in interest bearing bank accounts. thus raising some income for the charitys use whilst ensuring that thè money is readily available should it be needed. Rèsarvg¥ Pollcy It is the policy of the Iruslees to maintain unrestricted funds which are the fr88 reserves of the charity, at a level to provide $uffiryent fijnds to cover antipated administratlon and support ¢osts for a period of 12 months. Any addrtional rèsèrvés are held lo provide a capttal fund for repairs that will be required for the upkeep of the premises. Rlsk Managèment The trustèes are avrare of the operational and fir¢ancial rl$k$ which the Charity faces and regularty reviews those risks to mitigate ag8in5t any impact they may have on the charity. The major risks facing the Charity are the continued SucsS of th$ so¢ial Glub from which it derives its main funding, the support indNiduals and the communrty In using th8 falitIes and the introduction of the younger generatti)n lo provide for the ftrture. The Trustees work dosely with the directors. committee and members to addres$ these risks. Statement of Trust••s' R•sponsibllillwJ Law applicable to charities in Englan¢J and Vvales reqvired the Trvstees lo prepare financial statements lor èach financial year which give a true and fair view of the charity and of the incoming resources and application of resources ol the charity for Ihat period. In preparin9 ttrK)se financial slalements, the trustees are required to. selert suitable accounting policies and then apply Ih8m con$i$lenlty', observe the methods and principles in th6 Chaiilies SORP.. make judg¢menls and estimates thal are reasonable and prudent., State whether applicable accountsng standards have been followed subject lo ary material departures disclosed and explained in the financial staternents,. pfepare Ihe financial statements on the going concern basis unless it 15 inappropriate to presume that the charity will ¢onlinue in operation. The Trustees ale also responsiNe for keeping proper accounting records thich (Jisclose wfth reasonable accuracy at any lime the financial position of the charity and which enable them to ensure that the firnancial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assèts of thè Gharity and hence for taking reasonable steps for th8 pievenlion of fraud and other irregularits'es. Sign8d- Trustee Prtnt Name- Trustse Date.....
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WALTON COMMUNITY CENTRE AND RECREATION GROUND I report lo the Trustees on my examination of the accounts of the above named charity Iregislered no. 5239891 for the year ended 31 March 2023. set out on pages 5 10 9. Res onsibilitlo$ and basis of re ort As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 Ilhe Acll. 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 applicab Directions given by the Charity Commission under section 145151(b) of the 2011 A¢t. Inde ndent Examlngrs Statement I have completed my examination. I confirm that no material matters have come lo my attention in connection with the examination giwng me cause to believe that in any material re$pecl' {11 accounting records were not kept in respect of the Charity as required by section 130 of the act.. or {2) the accounts do not accord with those records,. or {3} the accounts do not comply with the applicable requirements conceming the fomi and conlenl of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give'a true and fair view, which 1$ not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in ccnnection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. J Wallage FCA On behay of CISWO (Trading) Ltd The Old Rectory Rectory Drive Whiston Rolherham S60 4JG Date
WALTON COMMUNITY CENTRE AND RECREATION GROUND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023 Unrestrfctsd D•sl na 2023 2022 Incom• and Endowments Occupational licence Members, subscriptions Rent r1Ved R(x)ffl and field hire Smoker and pool Gift aid Local authority giant Other grant incorne Secb'ons incorne 8,730 408 7.800 8.815 823 8,730 7,275 21 7.800 8.815 623 7.200 5.985 870 14.758 14,758 2.667 1.308 1.308 4,278 Totsl Incoming Resour 41,134 1,308 42,442 42,340 ndltur Direct Charitable Ex Repairs and maintenance Insurance Rates and water rates Donation Depreciation secb.ons expenditure &nditurè 19.240 1,584 2.568 250 6,156 19,240 1,584 2,568 2S) 6,156 3.923 5.015 1,582 2,025 3,923 2.162 29.798 3.923 33.721 17,368 Administratson Acwuntancy Loan Interest Sundry expenses 794 774 28 47 42 42 Totsl oxpondltur• 30,634 3,923 34,557 18,217 NET MOVEMENT OF RESOURCES 10,500 12,6151 24,123 Balan brght forward at 1 April 2022 319.414 9.980 329.394 305,271 Balan carried forward at 31 March 2023 329.914 7.365 337.279 329,394
WALTON COMMUNITY CENTRE AND RECREATION GROUND BAL4NCE SHEET AS AT 31 MARCH 202 2023 2022 Fixed Assets Tangible assets 205,058 211,214 Current Assets Debtors and prepaid expenses Cash at bank and In hand Cash hekj by sectio 72,031 53,624 7,365 63.366 46,098 9,980 133.020 119,444 L•s8.. Current Liabilities Creditor5 falling due wlhin one year 17991 11.2641 Nèt Current A¥¥ets 132,221 118,180 TOTAL NET ASSETS 337.279 329.394 Re Sections Unrestricted Fund 7,5 329.914 9,980 319,414 337,279 329,394 The finanaal ststements were approved by the trustees and signed on their behalf by.. SvJned. Trustee Print N8me- Trustee It/,/L3 Date
WALTON COMMUNITY CENTRE AND RECREATION GROUND NOTE TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 1. ACCOUNTING POUCIES al Bosis of preparatlon and asussm•nt of going ¢onc?rn The financ4al statements have been prepared under the historical cost conventron unless otherwise stated in the relevanl rotes to these accounts. The finanual statements have been prèpared in accordance wth the Statement ol Recommended Pr8ctice'. Aco)unting and Reporting by Charities IFRS1021 and the Financial reporting Standard IFRS1021 and the charits Act 2011. The trustees consider that there are no rnaterial uncertaintlès 8boul the Trust's abilty to continue as a going concern. The trustees have a reasonab expectation the Trust has adequate reserves lo continue In operatioll existence for foreSeeae future. Accordingly the trustees continue to adopt the going concem basis In the preparation of the accounts. bl Incom• Recognltlon Income is recognised On the charity has enb'tlernent to the income. it is probabl8 that the income 111 be 1Ved and th6 amount of incorne reCeiVae can be measured rdiabty Donatsons are gniSed when they are received. cl Expenditurg Recognltlon Liabilities are recognised as expenditure as soon as there is a legal or constructivts obligation committing the charty lo that expenditure. it is probable that setuemenl 111 b requi and the amount of the obligation can be measured rdiably. All expenditure is accounted ft)r on an accruals basis. Grants are recognised then they are aFproved and the intention has been communtstÈd to the recipient. dl Dep14119n Depreciation is provided to write off the cost or valuation less esty'mated residual ol fixed assets over their expect6d us8ful lives. The rates applied are.. Fixtu$ and fittings- re$U31 balancÈ method 10% per annurn Property irnprovements- straight line method 15% per annurn
WALTON COMMUNITY CENTRE AND RECREATION GROUND TE TO THE FINANCIAL STATEMENTS Coned E YEAR ENDED 1 MARCH 2023 CCUPATIO AL LICENCE Walton Club Limited 8,730 7.275 3. GRANT RECEIVED Revenue grants are recognised in the Statsmenl of Financial Actwities on a reiVed bass and are matthed wth the expenditure towards which they are intended to contribute. 4. FIXED ASSETS Land & Bulldin Flxtures & Totsl At 1 April 2022 Additions 165.712 45,420 163,869 375.CK)1 At 31 March 2023 165.712 45,420 163,869 375.C01 reciation At 1 April 2022 Charge for the year At 31 March 2023 21.009 4,047 142,778 2.109 163.787 6,156 25,056 144.887 169,943 N•t B¢x>k Valuè At 31 Marth 2023 165.712 20,364 18,962 205.058 At 31 Marth 2022 165,712 24,411 21.091 211.214 2023 2022 S. DEBTORS AND PREPAID EXPENSES Prepayrnents Due Irorn Walton Club Ltd 1.327 70.704 1,318 2,048 72,031 63,366
WALTON COMMUNITY CENTRE AND RECREATION GROUND NOTES TO THE FINANCIAL STATEMENTS OR THE YEAR ENDED 31 MARCH 2023 2022 6 CASH AT BANK AND IN HAN Current account Deposit account Cash 53,(K13 363 256 45,735 363 53.624 46.098 nin Closln ments Balan 7 CASH HELD BY CTIONS Rugby sectic Sp)rts section Pool sedion Gala Cornmittee 2,69S 3.835 2.696 1.835 2,0(M) 3,399 1,308 1,873 2.834 9,980 1.308 3.923 7,365 202 2022 e CREDITORS FALLING DUE WH1 ONE YEAR VAT A¢cru818 485 779 793 799 1,264
WALTON COMMUNITY CENTRE AND RECREATION GROUND WALT014 WARRIORS OPEN AGE RUGBY SECTION FOR THE YEAR ENDED 31 MARCH 2023 INCOME EXPENDITURE 2023 2022 2023 2022 Wakefield league fee$ Travelling receipts Sponsorship Football cards Raffles Subs Signing on fees RFL Inlefesl Slalionery Kil Vvash and repalrs Food and diinks Trophy Presentation Night Club rent New Kit Travelling expenses Referees Insurance League fees Cash at bank brought forward 2,6 2.896 Cash at bank carried forward 2,696 2,696 2,696 2,696 2,696 2,696 NOTE: Th¥r¢ were no activities by this Section during the year. 10
WALTON COMMUNITY CENTRE AND RECREATION GROUND WALTON SPORTS SECTION FOR THE YEAR ENDED 31 MARCH 2023 INCOME EXPENDITURE 2023 2022 2023 2022 Bonfire admissions Donation 2,720 100 Bonfire fireworks Sundry expenses DonalKJn to club 1,300 20 2,000 2,820 Cash in hand brought fotward Cash in hand arlled forward 3,835 2,335 1,835 3,835 3,835 S,155 3,835 5,155 11
WALTON COMMUNITY CENTRE AND R CREATI ND POOL SECTION FOR THE YEAR ENDED 31 MARCH 2023 COME EXPENOITURE 2023 2022 2023 2022 Income 184 Expenditure 160 160 Cash in hand brought foard Cash in hand carried forward 50 50 50 210 50 210 Thls sKtlon has now fold8d 12
ALTON COMMUNITY CENTRE AND RECREATION GROUNO GALA COMMITTEE FOR THE YEAR ENDED 31 MARCH 202 INCOME EXPENDITURE 2022 2023 2022 Cai show 1,308 1,274 Drinks for car show Donation to club.. 75" TV for lounge Tables concert room Repairs 393 572 720 700 80 130 1.308 1.274 1.873 702 Cash in hand brought forward Cash in hand carried forward 3,399 2,827 2,834 3,399 4.707 4.101 4.707 4,101 13