Coinpany I'egisli'ation nuinbcr: 02651923 Cl)ai'ity I'egislralion nuiiibci-: l 014259 Willen Pavilion (A company limited by guf¥l'antee) Ani)ual Repoi'l and Financial Siatenienls for the Yeai. Ended 31 Mai'cl) 2024 Micliael J Ei)ieiy & Co Liiniled Cliai'lered Accountant5 22 St John Sti'eel Newpoi'l Pagnell Buckinghan)sl)ii'e MK16 8HJ Willen Pavilion Coiitei)ts Refei'ence and Adiiiinisti'alive Details Ti'ustees, Repoi'l 2to4 Siatenient of Trustees, Responsibilities Indepeiident Exan)iiiei s Repoi't Stateiiicnl of Financial Activities Balance Sheet Notes lo the Financial Statements 9t0 14 Detailed Staleinent of Financial Aelivities Willen Pavilion Refei'ence and Administi'ative Details I'i'iistees MI. SA Kelinan MI- DGW Pi'eston MI. J MLlI'phy Mi. S Bi'unnii)g 28 Poi-tlaiid Di'ive Willei) Milton Ke}'nes Buekingliaiiishii'e MK15 9JP Tl)e chai'ity is incoi'poi'ated in England and Wales (conipany i'egisti'ation nuiiiber.. 02651923)- 02651923 Pi'iiicii)al Office Company Registi'ation Numbei. Cliai'ity Registi'ation Nunibei. 1014259 liidepeiident ExAiiiiT]ei' Micl) obseiv¢ Ihe meiliods ajid priDciples lll Ilic Charities SORP. tnake jiidgenienls aiid esliiiiates that ar¢ reasotjable and priidcnl. stal¢ wlietlier applicabl¢ UK Acrounting Slandai'ds hav¢ been folloived, subject lo any maleriol dep3rh]I"es disclosed nd explaiiied in Ihc fiiianeial sl&teni¢iil$' ni)d prepar¢ tlic flliancial statcm¢i)tg oil tlie going Colic￿11 bi¢SiS unlcss il is ii)appropiiale lo pre8UL)ie that Ili¢ charilalile compuiiy will conlinii¢ in biisiiiess. Tbe tnislees h5'e ¥esponsible for keepI￿g adeqiiate 2¢couiiling records IhTrt ore sufficieiit lo shoiv lind explain the charilabl¢ coinpany's trai)sactions aiid disclose wilh i'easonuble aCCilTaCy al any lime tlic fJiJanciMI position of tlie hgrilablB eompatty 3iid enabl¢ tliein to ensiir¢ thli I tli¥ flli&iiciuI slatcnieiils coniply with th¢ Conipaiiies Act 2006, They also r¢spoiisible for 5afegiiiiding the llss¢ls of tlie cliai'ilgbl¢ compaiiy and hellce for king T¢Asoiiable slcps for Ilie prevenlion iiid detection of fraud and oilier irrcgul,Irilies. Approvcd by Ihc ¢niste¢s of ih"e chprity oil 27 Novembcr 2024 and signed on ils b¢lialf by: Mr SA Kelnlaii Trnstee Page 5 Willen Pavilion Indeiielident Ex2iniiiei"'s Repoi't to Élle tj'ustees of Willen Pavilioii I I'epoi'l lo the eharity ti'uslees on Iiiy exaiiiination of tlie accounts of the chai'ity foi. the year elided 31 Mai'ch 2024 Ivhicli ¢lre sel out on pages 7 to 14. Respective i'esi)oiisibilities of ti'ustee5 aiid exaniiiier As the chai'ity's ti'ustees ot Willen Pavilion (and also ils dii'cclors foi. the pui'poses of coiiipany law) you al'e I'esponsible foi. Il)e pi'epai'ation ot tlie accounts iii a¢coi'ddnce with the requii'eii)eiils ot'tlie Companies Act 2006 {'tlie 2006 Act,). Haviiig satisfied Inyseif that tlie accouiits of Willen Pavilion are i)ot ieqiiii'cd lo be audited uiidei. Pai't 16 of the 2006 Act and al'e eligible foi. independent exan)ination, I I'epoit in I'espect of niy exaiiiinalion of youi. cliai'ity's accounts as cai'i'ied out uiidei. se¢lion 145 ot the Chai'ities Act 2011 {'tl)e 2011 Act,). Ii) cai'ryiiig oiit n)y examii)alioii I haiie folloived the Diiections giiien by the Chai'ity Coniniission undei. section 145{5)(b) ot tlie 201 l Ael. Independent e¥arninei s stateinent I liave completed my exaininalion. I confii-m il)al no mallers liave coine to Iny attention in coi)neclion with Ilie exai)iinalion giving Ine cause io believe-. aceounling I'eeoi'ds were not Lept iii I'espect ot Willen Pavilion as required by section 386 of Ilie 2006 Act; or 2. the accounts do i)ot accoi'd with tliose recoi'ds. or 3. the aeeounls do not coiiiply iviih the accounting requiiynients of section 396 of the 2006 Act otliei. than any requii-emeiit that the &ccounl8 give a ti'ue and fail. vieiv, Ivliicli is not a mattel. considei'ed as pait of an independent examination. oi. 4. the accounts have i)ot been prepai'ed ii) accoi-dance with the Inetliods and principles of tlie Stateii)enl of Recoinmended Pi'actice foi. accounting and I'epoi'ting by chai'ities [applicable to chai'ilies pi'epai'ing their accoui)Is iii accoi'dance with tlie Finai)cial Repoi'ting Standai'd applicable in tlie UK and Republic ot Ireland (FRS 102)]. I have no concerns aiid haiie coine aci'oss no other Iiialters in coni)eclion ivith the exainii)alion to ivhich attei)lion slioiild be di'aivn in this I'epoi'l in oi'dei. io enable a propel. iindei'standing of Il)e <1ccounls to be i'eaclied. Micliael ei. ACA Foi. aiid on behalf o 22 St Jolin Sti'eet Newpoi-l Pagnell Buckingl)aiiishii'e NqK16 8HJ icl)ael J Emei'y & Co Limited, Cliarlei'ed Accountants Date.. Page 6 Willen Pavilion Stateinent of fiinaiiclal Activities foi. tlie Yeai. Elided 31 Mai'cli 2024 (liicliiding Iiiconie aiid Expenditul'e Account and Stateiiient of Total Recogiiised GAiiis and Losses) UnJ'esti'ict¢d funds Total 2024 Note liieonic and Ei iidoivnieiits fTr'oiii: Oil)ei' IiicoiI)e 35,023 35,023 Total inconie 35,023 35,023 Expeiiditui'e oil: Cliai'itablc activities (31,680) 131,680) Total eypenditui'e (J1,680) (31,680 Net incoi)ie 3,343 3,343 Net iiiovement in funds 3.343 3,343 Reconeiliatioii of funds Total t-unds biol1￿1 foi'wai'd 55,541 55,541 58,884 TotAI 2023 Total funds ¢ai-I'ied forward 13 58,884 Uni'ostrieted fuiids Note Incoiiie aiid Eiidowiiieiits fi'oin: Investment income Othei- income 25,473 25,473 Total inconie 25,474 25,474 Expenditui'e on: Charitable activities {31,403) (31,403) Total expenditure 131,403) (31,403) Net expeiiditure (5,929) (5,929) Nel nioveii)enl in fi]nds (5,929) {5,929) Recoilciliatioii of fuiids Total funds brought torwai'd 61,470 61,470 Total funds cai'ried foi'wai'd 13 5),541 55,541 All of the cliai'ity's activities dei'ive fron) coi)tii)uing operations dui'ii)g Ilie above two pei'iod5. Page 7 Willen Pavilion (RegistrAtAoii Iiiiinbei.: Q2651923) Balaiice Sliect as at 31 March 2024 2024 2023 Note Fixed assets Tai)gible assets 10 3.274 845 Cui'rent llssct5 Dcbtors Casli a¢ 62nk ai)d iii liaiid 17,548 48,134 65,682 1?.,310 51,735 64,045 Crcdltors., Aniouiils IAlllng diie ivltliln onc yeHr 12 (10.072) (9,349) Ntt eurreftl asset5 55,610 54,696 Net thssetS 58,884 55,541 ri llnds of Ilie eligi'ity: UnYestTr'ieled ineomt fuIids Uiuesliictcd fullds 58,884 55,541 Total funds 13 58.884 55,541 Foi. the f￿ancial ye41r endiiig 31 Mai'¢h 2024 the chaiity ivas entitled lo excmption froni audit und6r section 477 of tlie Con)p811ies Act 2006 r¢lating lo small conip811ies. Dire¢loi's' I'esponsibilities.. The members lit)ve not I'eqiiired the charity lo obtaiii an audit of its accounts for tho year in question in a¢cordbn¢e wilh 8eclkOSI 476. aiid Tlie dii'ectors ucknioivledge Iheir respon5ibililics for c(>iiiplyiii8 Ivjtl) Ilie requirenjenls Of Ihc Act ivilli respect lo accounting rccoi'ds and the prepai'alioii of accouttls. These accoiints httvc bccn piEpared in accoLda)Ice wilh the provisions 8ppli¢abl¢ fo con1p￿lieS subject to the sinllll eompanies regiine. The fjnancial siatemeii15 01) pages 7 to 14 were approved by the Iniglees, and aullioris¢d for issue 011 27 November 2024 aiid sign¢d on Ilieir behalf by.. Mr SA Kelina Truste¢ Page 8 Willen Pavilyon Notes to tlie Fitiaiicial Statemeiits foi, tlie Yeai. Elided 31 Mai"cl) 2024 I Cliai'ity status Tlie cliai'iiy is liiiiited by guarantee, ineoi'poi'ated in England and Wales (company I'egisli'atioi) numbci.: 02651923), and eonsequcntly does iiot have shal'e capital. Each of tl)e trustees is liable to conli'ibute an amount not exeeeding £1 toivai'ds the assets of the cl)ai'ity in tlie event of liqiiidalion. Tlie addi'ess of ils I'cgislei'ed olfice is.. 28 Poi'tlaiid Di'ive Willen Milton Iceyiies Buckiiighamsliii'e MK15 9JP 2 Aceouiitiiig i)olieies SuniinAly of sigi)ificAI)t aceountiiig policies aiid key aceouiiting estiinates The principal accounting policies applied in the pi'epai'alion ot. these financial stateiiiei)Is are set out below,. These policies liave been consistcntly applied to all Ilie yeai's pi'esented. Iinless oihei'I4Iise slated. Statenient of coinpliaiice The financial statements liave been prepai'ed in accoi'dance with AccoLinting ai)d Repoiling by Cliai'ilies.. Si&ten)ent of Recoii)mended Pi'a¢tice applicable lo cliai'ities pi'epai'ing Il)eii' accouiils in accoi-dance witli tlie Fiiiai)¢ial Repoi'ling Standard applicable in the UK and Republic ot Ii'eland (FRS 102) (eflecliiie l Januaiy 2015) - Ichai'itics SORP (FRS 102)), the Financial Repoi'ling Standard applicable ii) tlie UIC and Republic of Ii'eland (FRS 102). T11ey also coiiiply with Il)e Coi))panies Act 2006 and Chai'ilies Ael 2011. Basis of prepai'ation Willen Pavilion meets Il)e definition of a public benefit ei)tity under FRS 102. Assets and liabilities are initially i'ecognised al historical cost or Ii'ansaclion value iinless otliei'wise staled in Ilie I'elevant accounting policy notes. Goiiig eoncel'i) The financial slaleinents have been pi'epai'ed on a going concei'n bil Sis. Tlie Ii'ustees assess whether the use ot going coiicein is appiopi'iate i.e. M,heihei' there al'e any matei'ial uncei'lainties I'elated lo events oi. conditions tliat may east significant doubt on Ilie ability of the charity to continue as a going eoncei-n. Tlie ti'iislees maLe this assessnient in I'espect of a pei'iod of one yeai. froiii the date of appi'oiwal of Ilie tinancial stalei))ents. Exciiiptioii fi'oin prepxi'ing A cash floiv stateinent Tl)e cliai'ity opted to eai'ly adopt Bulletin I piiblished on 2 Febi'uary 2016 and liaiie Ilierefoi'e not iiicluded a easli floiir statement in Il)ese financial slatenienls. Page 9 Willen Pavilion Notes to tlie Fiiiajicial Stateinents foi. tlie Yeai. Ei Iided 31 Mai'cli 2024 Iiicoiiie aiid eiidoivineiits I xpeiiditurc All expei)diliii'e is I'ecognised once tliei'e is a Icgal oi. conslruclive obligation to tlial expenditui'e, it is pi'obable setileineiit is requii'ed and the aii)ounl cali be iiieasui'ed I'eliably. All costs al'e allocated lo the applicable expendituit lieadiiig Iliat aggj'egate similai. costs lo that categoi'y. Wliei'e costs cannot be dii'eeily alti'ibuled to Pl£ I'liculai. Iie¢idiiig5 they liave been allocated on a basis consi.8lent iviih the use of resoui'ces, ivitli ceiilral staff costs allocated on tlie basis of linie spent, and depi'eciation chaiges allocated on the poi'tion of tlie asset's use. Oilier suppoi't costs are allocated based on the spi'ead of slatl costs. AII IESOLlI'ces expended al'e inclusive of iri'ecovei'able V AT. Chai'itable activities Chai'itable expenditure eoniprises Iliose costs incui'i'ed b), Ilie chai'ily in the delivei'y of its aelivilies and sei'vices for its beneficiai'ies. It iiicludes l)oth costs tlial can be 1< Ilocated dii-ccily to such activities and tliose costs of un indii'ect natui'e i)e¢essaiy to support Iheiii. Support costs Suppoi't costs iiiclude central functioi)s and have been alloealed lo activity cost calegoi'ies on a basis consistent with the use of resoui-ces, t.or exainple, allocatiiig pi'opei'ty Costs by flooi. ai'eas, or pei. capila, slatf costs by the time spent and otl)er costs by Il)eii' usage. Govei'yiance costs Tliese incliide tl)e costs atli'ibiilable lo Ilie chai'ity's coinpliance with constitutional ai)d slatiitoiy I'eqiiii-emenls, iiicluding audit, sti'ategic Inanaueiiienl and Ii'uslees's n)eelings and I'eii))bui'sed expenses. Goveriinient gi'ants Grants inconie is I'ecognised in aceoi'dance Miitli the pei'forii)ance Inodel pi'escl'ibed b), FRS 102. A gi'ai11 tliat does not iii)pose specified tuture pei-toi'inan¢e-I'elaled conditions is recognised in income i¥lien Ilie gi'ant pi'oceeds al'e I'eceivable. A grant that imposes specified fuliire pert-oriiiance coiiditions is recognised in income only i¥l)en the pei'foi'ii)ance-I'elated conditions al'e Inet. Grants I'eceived befoi'e the I'evenue I'eeognition ci'iiei'ia al'e satisfied al'e I'ecognised as a liability. Ii'recovei'able VAT Ii'iecovci'able VAT is chai'ged against the category of I'esoui'ces expended for ivl)icl) il ivas ii)cui'i-ed. Pagelo Willen Pavilion Notes to tlie FiEiaJ)cial Stateineiits for tlie Yeai. Ei Iided 31 MaR'clI 2024 T AxAtioii Tlie cliai'ity is considei'ed lo pass tlie tests set oiit iii Pai'agraph I Seliediile 6 of tlie Finaiice Aei 201 O ai)d Ihei'etoi'e it meets tlie detinilion of a cliai'itable coiiipany foi. UK coi'poi'ation tax pui'i)oses. Accoi'dingly, Ilie chai'ity is potentially exeiiipt troin taxation in I'espect of income oi. capital gains I'eceiiied urithin categoi-ies covei'ed by Cliaplei. 3 Pai't I I of Ilie Corpoi'alioii Tax Act 2010 01. Sectioi) 2)6 of the Taxation of Chaigeable Gains Act 1992, to the eitenl that sucli iiicoine oi. gains al'e applied excliisiiiely to cl)ai'ilable pui'poses. Taiigible fixed assets Individiial fixed assets al'e initially recoi'ded at cost, less any subseqiient accumulated depi'ecialion and subseqiient accumulated impaii'inenl losses. Dei)reeiatioii aiid AlllOI'tisatioii Depi'e¢iation is pi'oiiided on tangible fixed assets so as to Ivrile oft Ilie cost or valuation, less any estii))aled I'esidual value, over tlieii- expected useful econoinic lit-e as folloivs.. Asset class Equipiiienl Depi'eciation iiietliod aiid l'ate 20 % on cost Ti'ade debtors Ti'ade debtors are amounts due fioin iiser gi'oups for hii'e of the coiiiniunity cenli'e and spoi'ls gi'ound. Trade debtors al'e recognised initially at Il)e ti'ansa¢lion pi'ice. They al'e subsequently iiieasured at ainoi'lised cost using the effective interest nietliod, less pi'ovision for iiiipaii'incnt. A pi'ovision foi- the inipaii'iiicnl of ti'ade debtoi's is eslablislied wheii tliei'e is objective eiyidence Il)at the Charity ivill not be able to collect all an)ounts due accoi'ding lo the oi'iginal tei'ms of the I'eceivables. Casli aiid casli equivxleiits Casli and eash equivalents coiiipi'ise cash 01) hand and call deposits, and other shoil-tei'in liighly liquid investii)ents that al'e I'eadily convei'lible lo a known amoiint of cash and al'e subject lo an insignificant I'i5k of cliange in value. Fuiid struetui'e Uni'esli'icted income tunds al'e genei'al fiinds that are available foi. iise al the Ii'LlStees's disci'etion in fui'iliei'ance of Il)e objectives of Ilie chai'ity. 3 Investnient iiicome Total 2024 Total 2023 Intei'est I'eceivable and similar income. Inteitsl I'eceivable on bank deposits Paoe 11 Willeii Pavilion Notes to tlie Fiiiaiicial Statements foi. the Yeai. Ei iided 31 Mai'cli 2024 4 Otliei. incoiiie UIii'esti'icted fuiid5 TotAI 2024 Total 2023 Genei'al Reiital income 35,023 3),023 25,473 5 xpeiiditui'e oil cliai-itable %ctivities Unrestricted fuiids Total 2024 TotAI 2023 Genei'al Note Allocated support costs Governance costs 31,482 198 31,482 198 31,143 260 31,680 31,680 31,403 6 Ti-u5tees I'emuiiei'ation Anil expenses No ti'ustces, noi. any pei'sons coi)necled witli iliem, liave received any I'ei))unei7tioi) fi'oiii tlie chai'ity dui'ii)g the year. No Ii'ustees have i-eceived any reiiiibursed eNpenses oi. any other beiicfits Ii'oi)) the chai'ity dui'ing the yeai-. 7 Staff costs The montlily avei'age niimber of pei'sons (in¢liiding senioi. management team) employed by tlie chai'ily during the yeai. expressed as fi]11 tii))e equivaleiils ivas as tollows: 2024 2023 No employee received einoluiiients ofinoi'e than £60,000 during the year. 8 Independent examiner's reiiiuiieration 2024 2023 Otliei. fees to exaiiiiners Exaiiiii)alion-i-elaled assui'anee sei'vices 198 260 Page 12 Willen PAvilion Notes to tlie fiinancial Stateineiits foi. tlie Yeai. Li nded 31 mai.ch 2024 9 TAxAtion Tlie cl)ai'ity is a registered cliai'ity and is tliei'eloi'e exenipl li-oin laxation. 10 Tailgible fixed Assets ri ui'llitui'e an(1 equipiiieiit Total Cost At l April 2023 Additions 13,415 3,103 13,415 3,103 At 31 Mai'cli 2024 16,518 16,518 Depreciatioii At l Api'il 2023 Chai'ge tor the yeai- 12,570 674 12,570 674 At 31 Mai-eh 2024 13,244 13,244 Net book v￿l￿e At 31 Mai'cli 2024 3,274 3,274 At 31 Marcl) 2023 845 845 l Debtors 2024 2023 Ti-ade debtors Pi'epayinents 17,096 452 11,934 376 17,)48 12,310 Page 13 Willeii Pavilion Notes to tlie Fiiiaiicial Stateiiients foi. tlie Yeai. Elided 31 Mai'cli 2024 12 Ci'editors: aiiioiiiits falliiig (lue ivitliin oile yeAI' 2024 2023 Oihei. taxation and social secui'ily Otl)ei' ¢i'edit013 Accruals 438 937 7,974 1,843 8,229 10,072 9,349 13 Funds Balaiice at I Api'il 2023 Resoui-ces expeiided Balaiice at 31 Mai'ch 2024 I'esoui'oes Uni'estx'icted fuiids Genei'al 55,541 35,023 (31,680) 58,884 Bxlxnce at I Aiii'il 2022 Iiicomiiig resources Resoui'ces exi)ended BAlaiiee At 31 Mareli 2023 Uni'esti'ieted fuiids General 61,470 25,474 (31,403) 55,541 Page 14 Willeii Pavilion Detailed Statejneiit of Fiiiancial Activities foj" tlie Yeai" Elided 31 Mai'cli 2024 2024 Uiii'esti'icted fuiiils 2024 Total 2023 GeIiei'al Total liicoine aiid Endoiviiieiits fi'oiii: Inveslment income (analysed beloK4') Otliei. income (an1< lysed beloii,) 35,023 25,473 Total incoi))e 3),023 35,023 25,474 Expeiiditui'e on: Chai'itable activities (analysed below) 31,680 31,680 31,403 Total expendilui'e 31,680 31,680 31,403 Net incomel(expenditui'e) 3,343 3,343 {5,929) Net Inoven)ent in fvnds 3,343 (5,929) Recoiiciliation of funds Total tunds brought foi'ward 55,541 55,541 61,470 Total funds cai'ried foi'wai'd 58,884 58,884 5),541 Page 15 Willeii Pavilion Detailed Statement of Financial Activities foi. tlie Yeai. Eiiiled 31 Mai'cli 2024 2024 Total 2023 Total Bank inlei'est I'eeeivable 2024 Uni'esti'icted fuiids 2024 Total 2023 Geiiei'al Total Oilier iiicoiiie Rental income 35,023 35,023 25,473 35,023 3i,023 25,473 2024 Ulii-esti'icted funds 2024 Total 2023 General Total Cli(iiiliible iiclivilies Wages and salai'ies Watei. I'alcs Light, lieat and powei. In5LlI'ance Repaii's and renewals Teleplioiie and tax Coiiipulei. softwai'e aiid iiiaintenan¢e costs Siibsci'iplions Sundiy cipenses Conimui)ity events Siat't eiiiei'taining Bank chai'ges Depi'eciation ot plant and machineiy Independeiit examinei s fee 15,464 430 7,070 566 4,731 1,080 553 15,464 430 7,070 566 4,731 1,080 553 453 12,845 346 9,780 505 3,822 542 624 710 453 101 1,731 300 60 674 198 300 60 674 198 55 175 260 Paoe 16 Willen Pavilion Detailed Stateineiit of fiiiianciAI Activilies for tlie Yeai. L4 n(led 31 Mai'cli 2024 2024 Uiii'eslricted fuiiils 2024 Tolgl 2023 GeIieral Total 31,680 31,680 31,403 Page 17