Conipany I'egisti'ation niiinber= 026519?3 Cl)ai'ity I'egisli'ation nuiiibei-: l 014259 Willen Pavilion (A coinpany limited by giiai'antee) Annual Ilepoi't and Financial Sialeiiients for the Yeai. Ei)ded 31 Mat'ch 2025 Micl)ael J Eiiiei'y & Co Limited Cliai'lered Accountants 22 Si. John Sli'eet NeNvpoi'l Pagnell Biickinghai))sliii'e MK16 8HJ Willen Pavilion Coiiteiits Refeitnce and Adiiiinisli'alive Details 'ri'ustees' Repoi'l 2104 Sialenient of Trustees, Respoiisibilities Independent Exaininei s Repoi-L Stateinent of Fiiiaiicial Aclivilies Balance Sheet Notes lo Il)e Finaiieial Stateiiienls 9t0 14 Detailed Siateinent of Financial Aclivities 15to 16 Willeji Pavilion Refei'eiice aiid Administi'ative Details Ti'ustees MI. SA Kelmaii MI. DGW Pi-eston Mi. J Miii'pliy Mi. S Bi'unning 28 Poi'iland Drive Willei) Milton Keynes Biickiiighaiiishire MK15 9JP The chai'ily is incoi'poi'ated in England and W11 les leompany regisli-ation IILiiiibei': 026519231. 0265 1923 Pi'iiicii)al Offiee Conipaiiy Registi-ation Nuii)bei' Ch￿l'ltY Registi'atioii Nunibei. 1014259 Iiidepeiident xainiiiei. Micliael J Einei'y & Co Liiniled Cliai'lei'ed Accouiitai)ts 22 St. John Sti'eet Neivpoi't Pagiiell Buekingl)ai)Isliii'e MK16 8HJ Page I Willen Pavilion Ti"ustees' Repoi't The tl'LlStees, H'ho are dii'ectoi's for tlie pui'poses of coiiipany law, pi'cseni il)e annual IEpoi't logeiliei. Ivitli the finaiici(Il staleinenls of tlie chai'it¢ible compl< ny foi. Ilie yeai. ended 31 Mai'¢h 2025. Objectives aiid Activities Objoets aiid Aiiiis Tlie cl)arity's pi'iiieipal objectives al'e: To pi'oinote the benetil ot tlie inhabitants ol. Willen, Willen Park and Bolbcek l)ai'k and tlie neighboui'liood L)y associaliiig logeihei. Ivith the said inhabilanls, tlie loeal autl)oi'itie.8, volunlai'y and othei- oigaiiisalions iii a coiiinioii etfoi'l lo advance and to pi'ovidc facilities in tlie inlei'esl ot social Mielt-ai-e foi. i-eci'eatioi) and leisLlI'e-tiine OCCLipation Ivitli tlie object of inipi'ovii)g Ilie coiidilions of life foi- Ilie said inliabitanls. To establish, oi. secui'e the eslablisliinenl of, a coiiimunily cenli'e and to n)aii)lain and Iiiaiiage the saiiie (whether doiie oi. in co-opci'ation iiritli any Ioc(?l aLltlioi'ily oi. otl)ei' pei'son or body) in fuitliei'ance of these objects. Publie beiiefit Tl)e Ii'ustees confii'm that tl)ey have coinplicd willi Ilie reqLllI'eiiieiils ot section 17 of tl)e Cliarities Act 2011 lo liave dLie I'egai'd to the public benefit giiidance published by the Cliai'ily Coiiiinission foi. England and Wales. Aeliieveiiients and i)eJ'foi-iiiaiiee Thi'oiiglioiit ilie pei'iod the lacilities wei'e iised foi. <1 wide l'ange of activities Ilial pi'ovide social and I'ecrealional benefit lo tlie local comniunity. These incliide football, ci'icket, karate, yoga, pilales, a support gi'oup foi. people ivitli disability and leaining ditficulties, and a coniinunity cl)ui'¢l). Tl)e hull has also been used by tlie NHS to liost local clinics. Tlie hall has also been Lised foi. one-off pi-ivate functions 2tnd charity flindi'aising events. ri jiiaiiciAI I'eview Tl)e cliai'ity gcnei'ated a deficit ot £318 in the yeai., bi'inging lolal funds at 31 Mai'eh 2025 to £i8,566 (all of Ki,liicli at'e genei'al unresli'icled tunds)- Total funds incliide tangible fixed assets of £2,91 J Nvhich al'e iiitcgi'al lo the da}1 to day opei'ations of the chai'ily and are not tliei'efore fi'eely available to speiid. Fl'ee IEsei'ves al ) l Mat'ch 2025 amount lo £55,653. Policy on i'esei-ve5 It is policy to Inaintain uni'esli'icted I'esei'ves at ¢1 Inii)iinuiii level of appi'oliinately 12 11)ontlis of opei'ating costs. Additioiial I'esei'ves ivei-e held at 31 Mai'cli 2025 10 meet anlicipaled futui'c cosls of Inaking iiiipi'ovements to tlie lacilitics. Page 2 Willeii Pavilion Ti'ustees, Repoi"t Plaiis for futui'e Iieriods Aiiiis Aiid Icey objcctive5 foi. futui'e i)eR'iods Tlie Inanageiiiei)t coinmittee will continue woi'king towai'ds Il)e cliai'il}r'5 Staled objectives, and hope to expan(l and divei'sily the lacility's Itgulai. usei. base loi. Ilie benelil ot the local coinmuility. Tl)is is dependenl on tlic outcome ot tlie asset Ii'ansfci- disciissed in Il)e 'Going concei'n, note below. Goiiig coilcerii Tlie cliai'ity's iiianagemeiit coininittee have pi'evioiisly I'eceived notice fioi)i Milton Keynes Colincil that tlie)w al'e takii)g slei)s to dispose of tl)e Pavilion buildii)g and gioiinds. Discussioiis about l)oiv tliis will be cai'i'ied out l)ave been oiigoing foi. sevei'dl years, and tlic timing and iiatui-e of any asset Ii'anstei. is still un¢ei'lain. Milton Keynes Coiineil liave I'ecently indicated tlial they al'e pi'epared lo ti'ansfei. the asset to the eharily, so tliat the CLlI'I'ent Inanagenient coiniiiillee can continue I'iinning Ilie facilities. Any Ii?nstei' will see the cliai'ily lake on sigiiificanl additional costs i-elatii)g lo Il)e upkeep and mainleiiance of tlie gi'ounds and building, Ivliicli al'e cui'i'ei)Ily lunded b), Milioi) lQeyiies Council. Aiiy Ii'ansfei. is dependent on tl)c manageineiit cotnmittee beiiig able lo ci'eate a sustainable business plan ivhieli is acceplable lo Milton ICc)wnes Council. At this stage it is not ¢ei'tain 1111£ i ihe assel Nvill be Ii'anstei'i'cd lo Il)e chai'ity. If the asset was eventually ti'aiisfei'red lo a tl)ii'd party and tl)e management coiiin)ittee's ii)volveineiit ii) I'unnii)g tlie tacilities elided, this iwould cast doubt ovei. the chai'ily's going concei'n st<2tus. The Iinaiicial statei)ienls have been pi'epared oil a going concein basis. Struetui'e? governance aiiil iiiaiiageineiit Natui-e of govei'iiiiig docuiiient Tl)e chdi'ily is conti'olled by its oovei'ning docuiiienl, a deed of Ii'ust, and constitutes a liniited eonipany, liiiiited by guai'aiilee, as detined by tlie Coii)panies Act 2006. Reei'uitillent aiid ai)i)ointiiient of trustees New tl'LlStees are iisiially I'ecruiled li'oii) Iviiliin the local coiiiinlinily or fi'oiii stakeholdei. gi'oups sucli as I'egulai. usei's. Induetioii training of ti'ustees Neiv trustees are iiiducted and ti'ained in accoi'dance iviih tlie Charity Coniinission's giiidelincs. Ari'aiigelneiits for setliiig key iiiaiiAgemeiit pei'soniiel i'einunei'atioii The I'eiiiunei'alioii of key ii)anageii)ent pei'soniiel 15 l'evieived regulai'ly by the coini)iillee ot tl-LlStees aiid is deteimiiied by benchinai'king against local living w'age standai'ds and tl)e pay l'ates ol siniilai. employei s sitLiated Page 3 Willen Pavilion Ti'ustees, RepoR't Oi-gaiiisational sti-uctui'e Tlie da), to day I'unning of Nlljllen Pavilion is delegated io the nianagciiienl team ¥vhicli coinpi'ises thi'ee paid eini)loyees. Tlie ti'ustees nieel I'egulai'ly lo I'eview opei'atioiis aiid lo act as a foi'uni for decision niaking. Any laiEe or non-l'outine iteiiis of ekpenditui'e al'e aliiiays aiitlioi'ised by the Iruslees. Tlie annual I'epoi'l Hras appi-oved by the ti'uslees ol.the chai'ity on 12 Deceiiibei. 2025 and signed on its behalf by: Mi. S Bi'linning Ti'uslee Page 4 Willeii Pavilion Stateineiit of Ti'ustees, Responsibilities Thc Ii'uslees (who al'e al.so tlie dii-e¢loi's of Willen Pavilioii loi. Il)e pui'poses of company law) at'e I'esponsible for pi'epai'ing tlie Ii'iistees, I'cpoi't and tlie financial stalLii)enls in accordance ivitli the United Kingdoii) Accounting Standai'ds (United Kingdoiii Genei'ally Aceepled Accoiinting Pi'acticel and ai)plicable law aiid I'egulations. Coiiipany laiv I'eqiiii'es Il)e ti'ustce8 to i)I'ei)ai'e financial slatciiienls toi. eacli financial }reai'. Undei. coiiiijany laiv Ilie ti'iislees iiiiisl iiol appi'ove the financial slaleiiients unless Il)ey al'e salisfied that Ilie), give a ti'iie and tail. vieiv of tlie .qtatc of affaii's of Ilie cliai'itable coinpany and of ils incoiiiiiig I'esoui'ces and applicatioi) of I'esoui'ees, iiicluding it5 incoine aiid cxpenditui'e, foi. that pei'iod. In piepai'ing these tii)ancial slateinents, the Ii'ustees al'e I'cquired to: selecl suildble accounting policies and api)ly iliein consistently. obsei've Ilie metliods and pi-inciples iii tlie Cliai'ities £ORP., InaLe judgeiiiciils and estiinates Ilial al'e i-easoi)able and prudent. state I411)etliei' applicable UK Aceounlii)g Stai)dards liavc beeii followed, subject to aiiy nialei'ial depai'tLires disclosed and e.xplained in the fini< ncial slalemenls: and pi'epare the financial 8lateiiienls on Llie going concei'n basi5 unless il is inappi'opriale lo pi'esiiiiie that the cliai-ilable coi)Ipany Mijll coiitiiiue in business. Tlie Ii-ustees air I'espoiisible toi. keeping adequatc accountii)o I'ecoi'ds that are suffi¢ienl to sliow ai)d exi)laii) Ihe cl)