WALTON COMMUNITY CENTRE AND ECREATION GROUND GISTERED CHARJTY NO: 523989 FINANCIAL STATEl4lENTS THE YEAR ENDE MARCH 2024
WALTON COMMUNITY C NT E AND RECREAT50N GROUND ANNUAL PORT AND ACCO NTS FOR THE ENDED 31 MARCH 2024 INDEX CONTENTS PAGE Legal aThJ Admininstrative Details Truste&$' Report lThJèpwndenl Examineffs Report Statement of Finan(a81 Activities Balance Shgel Notes lo tha Finanaal Statem8nts Section Aceounls 10-12
ALTON COMMUNITY CENTRE AND RECREATION GROUND CHARITY REGISTRATIO NO.. 523989 LEGALA D ADMINISTRATIVE D TAILS TRusfEES: Mr N Robinson Mr J Robh)$on Mr D McGuire Mr A Oudley SCHEME ADDRESS: Shay Lane Walton Wakefield WF2 8LA 8ANKERS'. Santsnder Brtdle Road Booue Merseyside GIR OAA INDEPENDENT EXAMINER: J Wallage FCA CISWO ITr&Sirsl Lirnited The Old Rectory Rectory Drive Whiston Rotherham 4JG
WALTON COMMUNITY ENTRE AND RECREATION GROUNO TOFTHET USTEES FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their repLv¢ along with the finanaal slalemenls of the charity foi the year ended 31 March 2024. The financial $lalernenls have beèn prepared in accordance with the accounting policies sel out in Note 1 to the accounts which ¢an be found on pago 7. Con$titution and ObPcts The charity is constiluled by a Conveyance dated 25th November 1955 and 8 Irusl deed dated 24th February 1%5, and is registered under the number 523989. Ils objective is to prolde a recrealion ground and commvnily c&ntre pro¥ing facilities lor physical training and recreation for the people of Walton and the $uriounding area. The trustees have referred lo the guidance givèn by the Charity Cornmission on public benefil when reviewing thg ¢harill5 aims and obj8dives and details of the actiwlie8 that have taken place durfng the year can be found later in thi$ report. Oryanlsatlonal StnJ¢ture The Irusles who have served the tharity during the year a shown C pag8 1. The charity is resiK)nslble for mainiaining the premises and grounds in a suitable slate of repair for uso by those who INe in the surrounding area. 11 raises income through various charitable a¢tiviUes, the main onè being the hiring out of its facilrties lo the publie. In addition lo this, Ihe conne¢led trading company, Walton Club Limited, pays an annual Occupational Licence Fee lo the charty in addit)n lo grft-aiding its taxable profits to the Charity lor charitable usage. Trustea va¢an¢ies are advertised and interested parties afe asked lo apply in writing. Interviews be held and surtable candidates are then notified to their nominating body being aither CISWO. trade union or tnembers. The Tru$tea Board i% made up of equal number5 of each nominating l>)dy. Financlal Review The charity had nel inMing resources of £15.54812023 nel Incomlng resources £10.5001. Thè various sub-serlions al the scherne had a combined surplus of £264 lor the year1£2,615 deficit in Ihe PTewous year). Restricted grant funding 01£15.000 was réceived and only £9.800 spent. The overall result was £21,012 net in¢oming resources loi the y8ar12023 net incoming resources £7.885}. The trustees are carafully managing the charitws finances and are satisfigd that il will te able to continue lo meet ils obligations for the foreseeable future. Revl•w of Activities and Public Bènafrts The Iruslees have referred to the guidance gwen by the Charity Comrnission on Public Bgnefil when reviewing the aims and objectives and. as a result. the following have taken pla¢e durfng Ihe year. Th8 trustees have been working very hard over the last 12 months keeping everything up lo date and running smoothly at the centrg. Membership is still increasing and il wil help strengthen our positron as a centre for the community. Overall in general the cenlre is dolng OK but still needs your support to further improve the centre, please. plaase gel involved and join us her9 to make ihe cenlia a gfeal place for everyone lo corne and enjoy. The truste¢$ are looking forward to the ngxt 12 months and hop8 for better things lo o)me in the future.
WALTON COMMUNITY c TRE AND RECR AnON GROUND REPORT OF THE TRUSTEES FOR TH YEAR ENOED 3 2024 CONTINUED Investm¢nt Pollcy The tru$lee5 do not have an Investment pollcy in pla as such but they have laf(en the $8nsiblt approac and placed the charity's liquid assets in interest bearing bank accounts, Ihijs raising some Income for the charity's use whilst ensuring that the Money is readily available 3hould it be needed. Ras•rye$ Pollcy 11 is thè policy of the trustO¢S to mainlakn unro8lrfeled funds whlch a the free reserves of the charity. al a level to provKle sufficient funds lo cover anlicipaled adminislratlon and Support costs for a p&rio¢J 0112 months. Any addiliollal reseThes ale held lo prode a capital fund for repaiis that will be requtred for the upkeep ofthe prnie9. Risk Management The Iruslees are awafe of Ihe operalional and financial risks whtch the ChIlY faces and regulady reytews Ihose risks lo rniligale agalnsl any irnpacl they may have on the charity. The rnajor risks facing the eharily are the conltnued success of the so¢ial club from whtch il derives its main funding, the support of individuals and thè cornmunity In uslng the facilities and the introduction of the younger generation to ovide for the futu. The TNslees work ¢losely wsth the dire¢tois, cornrnitte8 and members 10 address these risks. statsment of Tru$t•o$' Respon91bllltl•$ Law applicable lo charities in England and Wabs requlred Ihe Trusleos lo prepare financlal statements for each finaH¢ial year which giva a true and fair view of the charity and of the incoming rasour¢es and application of resources of the charity for Ihal period. In preparing those (Inanclal slalernents, the trustees are required to.. select sullable accounllng policies and then apply Ihem consistenty.. observe the methods and princlples In tha chari18 SORP.. make judgements and eslirnates that are reasonable and prudent., state whether applicable ac¢tsunling standards have been folowed subl8ct to any material d¥pJrtUfes disclosed and explained in the financial statements., Ppare the finan¢*al statements on the going concem basis unless tt Is inappropriate to pr8sume that the chaniy will continue in operation. The Trustees arè also responsible for keeping proper actounling records whh dtsdose with reasonable accuracy at any tm0 the financial posltion of the charity and which enable them to ¢n5ure that the flnan¢ial statements ¢omply with the Charitie$ Acl 2011. They are also responsitse lor safeguarding th& ass8ts of the charlty and hen¢e for taklng reasonable Steps for the prevention ol fraud other regularfties. Slgned- Tnjstee Print Name- Trustee
NDEPENOENT EXAMINER'S REPORT TO THE TRUSTEES OF WALT MUNITY CENTRE AND RECREATION GROUND I report lo the Trustees on rny examination ol the accounts of the above named charty Iregislered no. 5239891 for the year ended 31 March 2024, sel out on pages 5 10 9. on$ibllltles and basls ol re rt As the charity Irusloes you are responsible lor the preparation of the accounts in accordance wtih the requirements of the Charities Act 2011 Ilhe Acti. I report in respect of my examinalN)n ol The Trustees, accounts carried out under Sect)n 145 of the 2011 Act and in carrying out my examination I have followed all applicable Directions given by tho Charity Commisston under section 14515llbl of the 2011 Act. de endent Examin Statement I have completed my examination. I confirm that no material matters have come lo my attenlion in connection with the examination giving me cause ID believe that in any rnalerial respect.. (11 accounting records were not kept in respect of the Charity as required by section 130 01 the ad. Of 121 the accounts do not accord with thos& rgcords,. or 131 Ihe acwunls do not comply with the applicable requir9ments Concerning the form and content of accounts set out In the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts gwe'a true and fair view, which is not a mattef considered as part of èn independent examination. I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in thi5 report in ordor lo enable a proper understanding of the accounts lo be reached. J Wa118ge FCA On behall of CISWO {Tradlngi Ltd The Old Rectory Rectory Drive Whi51on Rolherham S60 4JG 1.8.[ qluty Dale
WA OMMUNITY CENTRE AND RECREATION GROUNO STATEMENT OF FINANCIAL AC VITIES FOR TH EAR ENDED 31 MARCH 20 Unrestrfcted Funds Restrl¢ted Fun D•si 2024 202 Fund5 Total d Endowments Occupational Ilcence Members, subscrfpllons Rent received Room and fifjld hire Snooker and pool Local authority grant Seclioris income 8,730 445 7.800 9.020 8,730 445 7,800 9,020 985 8,730 408 7.800 8,815 623 14,758 1,308 15.000 15,000 945 945 Total Incomlng Resource8 26.960 15,000 945 42.905 42.442 Ex endlturtr Direct Ch ritable Ex endilure Repair5 and maSnlenance Insurance Rates and water rates Donallon Depreciallon Sections expenditure 4,396 1,603 1.534 9,800 14.196 1.603 1,534 19.240 1.584 2,568 250 6.156 3.923 3,053 3,053 681 681 10.586 9.800 681 21.067 33,721 Adminislralion Accountancy Sundry expenses 826 826 794 42 Total expenditure 11,412 9,800 681 21.893 34,557 NET MOVEMENT OF RESOURCES 15.548 5.200 264 21.012 7.885 Balance brought lorward al 1 April 2023 329,914 7,365 337,279 329.394 Balance carriod foThYard al 31 March 2024 345.462 5.200 7,629 358.291 337,279
WALTON COMMUNITY CENTRE AND RECREATION GROUND BALANCE SHEET 31 MARCH 2024 Notes 024 2023 ed Assets Tangible assets 202,005 205,058 Currènt As$ets Oebtors and prepaid expenses Cash at bank and in hand Cash held by sections 79.105 70,378 7,629 72.031 53,624 7,365 157.112 133,020 Less: Currnnt Llabilities Creditors falling due within one year (826) 1799) Net Current Ass•ts 156.286 132.221 TOTAL NET ASSETS 358,291 337,279 Re rnsen Saetion$ Restricted Fund Unrestricted Fund 7,629 5,200 345,462 7.365 329.914 358,291 337,279 The financial statements were approved by the trustees and signed on their behalf by.. Signed- Trustee Print Name. Trustee Dale
LTON C NITY CENT E AND RECREATION GROUNO NOTE FINANCI L STATEMENTS OR THE YEAR E ED 31 MARCH 2024 I. ACCOUNTIN UCIES al Basls ol prepafatlon and ass•s$ment of golng con¢em The financial slalemenls have baen prepared under Ihe historKal cost Venti unless otherwse staled in the rdevanl notes lo thes¥ ac£ounts. The finanryal statements have been prepared in aceoldance 1th the Slalernenl ol Recommended Practice.. Accounts'n9 nd Reporting by Charitses IFRS1021 and the Financial reports'ng SlaThtsard IFRS1021 and the Charities Act 2011. The Iruslee8 consider th* there are no material uncertainties about the Trust's ability to continue as a going concem. The Irusle&s have a reasonable expectation the Trust has adequate se[Ve lo continue In operai'on existence for the foreseeable futurè. Accordingly the trustees continu• to ad¢)pl the gcmg eon¢om basis in the preparalKin ol the accounts. bl Income Recognition Incomo 1$ recognised c¥)c8 the charty has enlillement to the ineom•. it T$ probab that the income WTII be CeNed and the amount ol ineorne receivable can be measured rellav. Donations are recognised when they are received. cl Expendlture Raeognltion Liabilities are recognised as expgndilure a5 soon as the is a legal or conslN¢lNe cbligation comrnith'ng the charlty lo that expen(Jiture, il Is probabte that settlement will be required and the amounl ol the obligation caffl be Measured reliabty. All expenditure is account for on an arual$ basis. Grants are racognised en Ihey are approved and th¢ intention has been eomrnunaIed to the rgdpl8nL d) Doprgclatton DePCIatiOn is provided to write off the cost or valuadon less estimated residual of fL¥ed assets OVOf their expected usetul Ilve8. The rates appli64 are.. - Fixtures and ffttings- r8sidvd balance method 10% per annurn Propety imwovements- slralghl line rnelhod 15% per annum
LTON COMMUNITY CENTRE AND R ATION GROUND TES TO THE F NANCIAL STATEMENTS Continued FOR THE YEAR ENOED 31 MARCH 2024 2024 2023 2. OCCUP TIONAL LICENCE Walton Club Lirniled 8,730 8.730 3. GRANT CEIVED Revenue grants are recognised in the Statement of Finan¢ial Activiti8s on a recelved basis and arg matched with the eypendilure towards which they are intended lo contribute. During the year £15,000 has been received from Wakèfield Metropolitan Di$lrkt Council. This is spocifically for roof repairs and window repl8¢ement. 4. FIXED ASSETS Fixtures & Total Bulldin rov•m8n Cost Al 1 April 2023 Additions 165,712 45.420 163.442 374.574 Al 31 March 2024 165,712 45,420 183,442 374.574 De reciatlon Al l April 2023 Charge for the year Al 31 March 2024 25.056 1.155 144.460 1.898 169,516 3.053 26.211 146,358 172,569 ook Value Al 31 March 2024 165.712 19,209 17,084 202,(K)5 Al 31 March 2023 165,712 20,364 18,982 205,058 2024 2023 5. DEBTORS AND PREPAID EXPE14SES Prepayments Due from Walton Clvb Ltd 1.384 77,721 1,327 70,704 79,105 72,031
WALTON COMMUNITY CENTRE AND RECREATION GROU NOTES TO THE FINANCIAL STATEMENTS Contlnued THE YEAR END ARCH 2024 2024 8 CASH AT KANDIN HA Current account Deposit a¢xcyJnl Cash 70.015 363 53,003 363 258 70,378 53,624 eni Bal Clo Y SECTIONS Recel ts Pa mè Rugby se¢tk)n Sports section Gala Commlttee 2,696 1,835 2,834 2.696 1,835 3,098 881 945 681 7,629 024 2023 REDITORS F DUE WITHIN ONE YEAR Acctual 826 826 799
WALTON COMMUNITY CENTRE A D RECREATION GR WALTON WARRIORS OPEN AGE UGBY SECTION FO EAR ENDED 31 M RCH 2024 NCOME EXPENDIT 2024 2024 023 Wakefield league fee5 Travelling receipls Sponsorship Football ¢8rd8 Rafflas Subs Signing on fees RFL Interest Slalionery Kil Wash and repair5 Food and drinks Trophy Presentation Night Club rent New Kil Travelling expenses Referees Insurance League fees Cash at bank brought forward 2,696 2.696 Cash al bank carrièd forward 2,6* 2,696 2,696 2.6 2,696 2.696 NOTE: There wero no a¢llvilie¥ by this sectlon during the year. 10
WALTON COMMUNITY CENTRE ANO RECREATION GROUND WALTON SPORTS SECTION FOR THE YEAR ENDED 31 MARCH 2024 INCOME EXPENDITURE 2024 2023 2024 2023 Donation lo club 2,000 Cash in hand brought forward Cash in hand carried forward 1,835 3,835 1,835 1,835 1.835 3,835 1,835 3,835 There were no activitios by this sectlon durlng the year.
WALTON COMMUN TY CENTRE AND RECRE Tl GALA C MM FOR THE YEAR ENDED 31 MARCH 2024 ENDITURE 2024 2023 2024 2023 Car show 1,308 Drink$ lor car show Donation lo club.. 75" TV lor Icyjnge Tables concert room Repairs AdJ'u$lmenl 10 balan 248 393 720 700 433 945 1.308 1.873 Cash In hand brought forward Cash in hand carrled forward 3.399 3,098 3,779 4,707 3.779 4,707 12