# |Oirectors||J Burch||||| |---|---|---|---|---|---|---| |||R A Greatorex||||| |||J G Hobson||||| |||C M Twilley||||| |||J0 Daffarn - Appointed|||22.06.2023|| |||S M Clemente - Appointed||||22.06.2023| |||A R Cassidy - Resigned|||07.12.2022|| |||CJ Dalley- Resigned||07.12.2022||| |||M J Muir-Smith
- Resigned||||07.12.2022| |Secretary||M Woolhouse||||| |Charity Number||1040693||||| |Company|Number|02963773||||| |Registered|Office|The Visitor Centre||||| |||Milton Country
Park||||| |||Cambridge
Road||||| |||Milton, Cambridge||||| |||CB24 6AZ||||| |Auditors||Ensors Accountants||LLP||| |||Incubator 2||||| |||The Boulevard||||| |||Enterprise
Campus||||| |||Alconbury
Weald||||| |||Huntingdon||||| |||PE29 4XA||||| |Business|Address|The Visitor Centre||||| |||Milton Country Park||||| |||Cambridge
Road||||| |||Milton, Cambridge||||| |||CB24 6AZ||||| |Bankers||Barclays Bank Pic||||| |||9 - 11St Andrews|Street|||| |||Cambridge||||| |||CB2 3AA||||| |Solicitors||Mishcon de Reya LLP||||| |||4 Station Square||||| |||Cambridge||||| |||CB12GE||||| ## ## |Contents|| |---|---| ||Page| |Trustees'report|1-2| |Auditors'
Report|| |Statement offinancial activities|| |Balance sheet|| |Statement of cash flows|| |Notes to the financial statements|| ## ## |Cambridge
Sport Lakes Trust
Company
fimlted
by guarantee
Year ended 31 March 2023
Trustees'
report
I|Cambridge
Sport Lakes Trust
Company
fimlted
by guarantee
Year ended 31 March 2023
Trustees'
report
I|Cambridge
Sport Lakes Trust
Company
fimlted
by guarantee
Year ended 31 March 2023
Trustees'
report
I|| |---|---|---|---| |introduction
**rusees,**
**so**,
etof
I
forthe
earendsd31
March2023
The
TheCamb
dgegpo
a es ns
rt L k
T
It
ste
who are al
directors for the purposes
of the companies
AG are pressed to present
theirAnnual
Repon and e strong s
reacts
y
h
's
r ies A**c**t 2011, the corn
ames Act 2005, Ihe Memorandum
and Artcles
f anna s
amen
1st
ts have been prepared
n accordance v th the accounkng
polioes set out on pages 8 and 9, and comply
mth thee
a ty's chsraies
n
P
ortin
Standard a
licable in the Uk
Assooalon,
andAccounlngan
epo
ng
y
ar es
a
d R
rl
0 ch
t
sl temsnt of Recommended
p actce appl cable to chansss
prepanng
their accounts
n accordance
w thine
Fi annal Rap
g
PP
Rap ubl c ofIreland (FRS102).|||of
end| |Vision and Public Benefit|||| |The pnnopal
oblectives of the chanty are the creation, maintenance
and operation
ofa Country
PsrK with
Mulk Sport Lakes ('Ihe CamDndge
park and Lakes Project')
The yrusteesco
frmthattheyhaveconsi
ere
eir
u esan
ave
u
d
0 th
d
I
dli
d e regard to the gu dance conte ned in the Shanty commissioms
general guidance
on pule beneatwhe
rsv ewng the chanty's
aims and obleclives
e**t** t, **lethe**
**eo**fth
**e** **w**l
Mlto 0
**n**kypam
t
nlmporta
1300acrsmosalcofpubiiclyacceswblenaturalhabitatsincludnglakes,
anetwokoffootpat
s
andinplanningfutureacs
tes The Tn
lees
s ot, p
t
g
o
le f**o** **r**ows**,** k**a**
k**i**n, **an**d **o**ther xstersporw
boih intra
g
d fo
and cycle links, informal
fealties
for sports such as cyclmg, tnathlon, widswmmng,
paddleboardng,
and fishing, and a 2000m st etch ofwater suitable
mung
ya
ng,|||| |competikons|||| |The Trustees are comimtted
to addressng
the g o
ng and urgent
public need for access to
atural g esn and blue space and to ncrease access to outdoors
orts, ncludn
rovdin
outreach progammesthat
P
'
'SP
'
9|||| |prov de equ pment and tra n ng for Ihe pubic benefit
Themanacuwlynlheyearunderre
ew
as
een
econ nvs
op
h
0
th
I
0
e eton of the country park known as Mkon Country Park
Further details ofthis acbvity are given
n there
e
ofachievements
and perfonnance|||| |belo
The trustees see the succemful
developmen
o
on
oun ry
a
as a
p
I
link
0
I
P rk
tel corn
onsnt in the obiect
es and ackvitas ofthe chantyand
n pro
dng
enhanced
local and
mder
puDI c benefit at
the earl eel opporlun|ty||| |I bod es, and the local commun
I have been, and v 0cont
ue to be, engaged
and consutted
dunng
the development
ofthe Cambndge
Park and Lakes Project so as toensure
r
**c**ease toe
orl and recreation s ace for all, rrrespecsve
ofage,
the faolikes are des gned fo excessnce anrl a e usable and accessbls by as The ph losophy of Ihe cambndge
sport Lakes Trust remwns
to secure a cess o sp
P|that||| |gender,
ability, income. ethnic ongin o bel efs|||| |Objectives
and AcffvNes
While the trustees continue to plan for the malor
ountry
a
sn
a es rol,
eon-
i
c
p
rk
d L k
p
ect, th
-ate Management
Team at M Iton country park have provided
Ihrough the year a wide range oface ses at the park —everything
rfii
r azn, **an**d
fromBatOetscting,
PondOppng,
andForest
c ooactvieso
u
oor e,
a
s h
I
t
t 0 Id
Th ate, p
k Runs, onentee
ng, cycling, tnathlon
compettons,
paddleboarwng,
Iisyaking,
outdoor smmming,
summer
Nightsslargaxng,
e en board games e en ngs, as ofvhich are wes-attended
and welcomed
by the community|||| |Structure, Governance
and Management|||| |camDndge
sport Lakes Trust is a egistered
chanty (numbe
104D593j|||| |It s a Company
omded
by Guarantee
an
no
aving a s are cep
Ih
h
tai
It wrs incorporated
under the Compan as Act 1985in 1994and has been aulhonssd
to d spense wth the
wxd
'I miled'in
Is name|||| |The Trust currently operates
Miffon Country Park under s99-year lease, dated
I Apnl 2008|||| |There are no
estnctions
on the Trust's power to nvest
The nvestment
stmtsgy
issst by the tr slees and lakes account of the expected demand
for funds
The strategy
sset with n an overall pot cywh ch slates that
nvestmenl
fund s to be wvested
in lo
and medium
sk nvesknsnls
with a vie
to ensunng
that capital apprecel on ofthe fund exceeds inset on|||the| |The tr vices, assisted by staff, are respons ble for fo mulaung
the strategy and polioes ofthe charity,
includ ng the approval
ofbudgets and exerosing knanc at control.|||| |The irustees s s ofthe op non that assets a e a ailable to fulfil ths current obligabons
ofthe chanty.|||| |Fundralslng
approach ofthe charity|||| |Ounngff e penod,
Ihe Trust has not engaged
in any formal fundrawng
st uctures,
activikes, or practces
There are no aggress
e fund a
9 tee
il
0
y
y
r
sin
hni ussem
lo edb
the Truslto
eneatefundsfrommembersofths
9
pubic
The Trust doss nol currently
employ any external fundrae
ng ser ices|||| |The Trust has, of course, been acti ely engaged
in racing income end capikrl
n a numDer of other ways dunng
the yea
Th 0 gh our trading
activ tes st Milton Country
Park ws del ver an extens vs p ogra mme ofactiv tss and events (as set out above) that p cede accessible
fad liras to a wde range of nd v dusts and g oops across
pnvale, pubic, and chanlable
sectors
Fu ds are received
into Ihe Country Park in th s way|the||| |The Trust race ves rental income from Grounds Cafe, the on-s te cafe st Milton Country Perk|||| |Iricome is also generated
in Ihs fo m of pa king race pls and h rs of visitor
cent espaces ( nclu drip Ihe W Id Place)|||| |Third pahy Grant Awards
have Dean successfully
applied for and used, for example, to regenerate
a new seat ng and sensory garden space adlacent to the Milton country park cafe
Members ofthe public can donate/makes
voluntary
cont
bukon to the organ sat on in person at Ihe Country
Park, through sspec fic Justgmng
page,
DYp,
y p
hone, 0
ost. or via the TrusVMiton
Country
Park websitss|||| |These payments
sre deemed
suffiwent
to meet the
current obl gatio s ofthe Trust
n
a
tannin
ermssio
endear
n
0 Ithe nasl development
For the deva opmen
e
am
d ge
Ioflh c
D id
pa k and Lakes prolsct our pnnopai
tundra s ng strategy
s initasy to identfya
funding
partner
or partners
n obtw
g
0
go
ry 9
' v db
workn
in
artnersh
work, fodowsdby
grant funding
appl cat one an
e see
ng o pnva e
d th
k
f
t
and corporate donat one to put in place speofc elements ofthe
proposed
fault as
Our aspirat one wb only be achie s
y
g
p
p
mth the releva
t sulhont as and other organ sauons on a coliaboras sbasis|||| |The Future|||| |The conwstencyof
theunderlyingb
sinessthat
snowestabls
e
a
i on
ounw
a
h
d tM0
0
I
p rkbodesweil
TheTruslssteadfastinthepusutoftsgoalsandswesplacedtoprovidesposkvein9uenceandoutcomesala
local, ego
al,
t
al a d
d**d
te
t
nal level in the future|||| |The trustees expect tosee both an expansion
ofthe act ees at Mlton country
park and egnificant
prog ess for the cambndge
pa k and Lakes proiect in the coming year|||| |Achievements
and Performance|||| |The Tr stees are pleased to report a strong set of results for the year lo 31 March 2023|||| |Our confdence
n the conestency ofthe underly
ng trading
thalia
now establ shed at Mlton Country Park bodes mll fo the future|||| |The Trust has again been able to dative
cap 1st nvestment
in o
e
oun ry
a
roug
t
th c
I
p
k th
h s combinabon
of chantable
grants
and income
earned
from tradng
acbvees
These imp oveme
Is conlnue
lo ha e e positive
mpact on both trad ng perfo manes and ou
balance sheet
alual 0|||| |The ee no doubt Ihat the demarid
for publ cry access hie g can open space son a
upward t end and that ail
who pan c pates
the pro
son of such facil tea shares
mo al obligaton to fnd
ways to meet the
grown|||| |needs ofths populakons
they serve|||| |LookngaheadtheTrust
saresie
t gong cones,
thproo
o
o
cur en
usiness pan
f fblhts
tb
and an ever stronger case for the
cad to expand
the Cou
try Park faol tee
lo meet the rap dry de elopmg needs
n north|||| |Csnibldge
and belohd|||| |The Tr sl sstesdfast
nthep
recto
sgoass
swe
pace
o
f I
I
d
0
I
d t
provides
Fowl e nflue
ca and outcomes at a locat, reyo
al, nasonalandindeed
nlernationsllevel
n the f tore|||| |Cambrtidge
Sport Lakes Trust|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Company
gmlted by guarantee|||||||||||||| |Year ended 31 March 2023|||||||||||||| |In deperi
dent
auditors'
Report to the members
ofCambridge
Sport Lakes Trlist|||||||||||||| |Opinion on financial statements
We have audited the fnandal statements
ofCambn
ge
po
a es
rus
or
ar e
d
S
rlL
k
T
t f
the ye
nded 31 March 2023 which compnse the Statemenl
of Finanual
Act v bee, Balance Sheet and
riotes The fna cat report ng framevmrk
that has
een appis
n
air preps
s
b
td
th
eton
i
appl cable la
and Unrted
Iongdom Accounlng
Standards,
incl dmg Fnanqal
Report ng Standard
slanaa
d appl cable
n the UK and Repubbc of ireland
(United lqngdom
Generaby
Accepted Accounting
practice)|||Cash Flo
Statement
102Tlie
nenqa||||||and
spo||related
0||| |Iri our op in on Ihe fnanqal stats
ments|||||||||||||| |give a true and fair view ofthe slate ofihe chantabls
company's
affa rs as al 31 March 2023, and of ils income and expenditure
for the year then ended,|||||||||||||| |ha ebeen properly 0 spared
in accords
ce mth
Un led K ngdom
Generally Accepted Account ng P acbce, and|||||||||||||| |have Dean prepared
in accordance
mth the requremenls
ofthe Companies
Acl 2006|||||||||||||| |Basisfor optnlon
We conducted
our aud t n accordance
wth International
Standards
ori
u
ing
) (
I
A dt
(UK) (ISA
(UK)j and applicable
law our rssponsibilitas
under those standards
are further
descnbedin
the Audlors
responsib
audit of the qnanmal
statements
section ofour report
0 ars in coen en 0
an
W
d
d nt
fthe ch ntable company
n accordance
with the ethicalrequirements
that are relevant to our aud t ofthe finanoal slatsme
ts n
umqent
and a
includirlgtheFRC'sElhical
Standard,
andwehavetulflledourotherethicalresponsiliiltesinsccordancewiththesersqurements
INeDelevelhatthsauditevdencewshavsobtanedissu
iq
n
pp||||||||||itss for the
e
ro nate to
p|||| |provide a bass for our op n on|||||||||||||| |Conclusions
relagng to going concern|||||||||||||| |In auditing
the finanqal
statemenls,
we have conduded
that the Oireclors' use ofthe going concern basis ofaccounbng
in the preparat on of the financ at statements
is|appropnate||||arne||||||||| |Basedontheworkveha
epertormed
wehaveno
en**i**is
anymaen
u
I d
f
d
t
al
ncerta
nkes relet
ng toe
ants or condit one that,
ndiv dually or colecbvely,
may cast sgnrticantdoubt
cont nue as a go ng concern loi a psnod
ofat least twelve months
from when the fnanqal
statemenls
are aulhonsed
fo ssue||on the chantable||||company'sebi|||||ty to||| |our respons
bsties and the respons 0Iles oflhe orectors
th aspect to gong concern are descnbed
m the relevant sections ofthis report|||||||||||||| |Otherlnformatlon|||||||||||||| |I **re**
orl other then th**e** fi**nanq**al
statements
and our auditors
report Ihereon
The directors ere responsible
for the other informat on contained w thin
The other infonnaton
compnses
the nformaton
included
in the annus
po
er
sn
theannualreport,
uropnonon
s ina**n**ca
**s**
ns
n,0
Ih f
o sf tatements
does not cover the other
nformaton
and, exceplto the extent othsnuse
expl citlystated
in our report, we do no express any
arm o assurance
cence
**r**
'
fthe
siereon
ourresponsiblitystorsadlheothe
informatonand,
n
ongso, consi
er
e
sr
d,
d
wh
th
the other informabon
s mate sly mconsstent
mtn the t'nanoal
statements
o our knovdeilge
obis ned
in the coute 0
a matenal
mbstatemsnl
n the
audrt, orothelwseappeastobematsnegymasse
I wei sni
suc
m
c
I
I d
f
d
tfy
h
atenal
tn onsislenqes
or apparent
matenalmsstalemsnts
ws are requ red to riots
mne whether
the 0 ves
rne to
ena miss as
**o**r
**h**at fa**c**t
financ at stalemenls
Ihemsslves.
0, ase
on
em
we
ave
, b
0
th
rk
h
performed,
we condude
that there
s 0 mstenalmsslatement
ofthis other informabon,
we are required
t
report t e|||||||||||||| |We have nothng to aport
n the regard.|||||||||||||| |Opinions on other matters prescribed
by the Companies
Act 2006|||||||||||||| |In our op nion, based on the work undertaken
in the course ofthe a
drt|||||||||||||| |the nformslion
given
in the trustees'
report for ths f na noel year for which the finanoal
statements
are prepared
is cons stent mth the ananqat
statements,
and|||||||||||||| |the bustees'
report has been prepared
n accordance
Ih appl cable legal requrements|||||||||||||| |Matters on which we are required to repoh by excepdon|||||||||||||| |In the light ofour knowledge
and understanding
o
e
an a e company
1th
ch
t
bl
and its env ronment
obtained
in the course ofthe audit, we have not identged
malenal
rnisstatements
We have noth ng lo report
in respect of the follow ng matters
in relabon to which the Companws
Act2006 requires us to report to you d, in our op n on||in the|Trustees'
Report||||||||||| |adequate
account ng reco ds have not bean kept, or returns adequate
for our aud t have not been received from branches
not veiled
by us, or
Ihe fnanoal statements
are
ot n agreemenl
th Ihe accouiiting
records and returns, or|||||||||||||| |certain disclosures
of Trustees'remuneraton
specgsd
by la
are not made, or|||||||||||||| |we have not race
sd asthe informat on snd explanat one we requ re for our aud t; or
the trustees
were not entitled to prepare
thefnanqsl
statements
in accordance
mth Ihe small compsn as rag me and take advantage
ofIhe small compames'
exempt one in pre|||panng||tile Trustees'||||||||| |report snd from the requirement
to prepare
a strategic report|||||||||||||| |ResponslbgMes
oftrustees|||||||||||||| |As explained
more fuly
n the trustees' responsibillex
statementsetout
on page,
e rus ebs are r
2, th
I
I
esponsible
for the preps ason ofthe gnanqal
statements
and for
for such
nternal
control as the trustees
dstermme
0 necessary
to enable the preparabon
ofgnariqal
statements
that are free from matenal
m sstatement,
whether due|Dang sat
to fraud|seed
that they give
or error||||a|Irue|and||far||view, and|| |ln prepanng
the snanoat statements,
the trustees are responsi
e
r a
bl
fo
ssessing the company's
atxlty la continue as a going concern
disclosng
as appkcsDle,
matters
concern base ofaccounsng
unless the trustees
wlhe
ntend to
I quidate Ihe company or to cease operabons,
0 have no realisbc altemab
e butte do so|related|to going||concem and|||using||the going||||| ## ## ## ## |Cambridge
Sport Lakes Trust|||||||| |---|---|---|---|---|---|---|---| |Company
limited
by guarantee|||||||| |Year ended 31March 2023|||||||| |Statement of Financial Activities|||||||| ||Nou|Unrestricted
Funila
2023
8|Reslncled
Funds
2023
6|Total
Funds
2023
2|Unrestricted
Faiids
2022
2|Resbicted
Funds
2022
2|Total
Fahda
2022
4| |Income|||||||| |Votuntao
ncome|||41,288|41,288||12,435|12,435| |-Const ons
Income from ch ants hie acavi tea
-Program fees snd sponsomh
p
- M lion Country Park income
Grants race ved||20,772
4,583|390,730
63,916|70,772
395,313
63,916|28.173
1,015
4 102|367,250
80,088|28,173
368,265
SO.O88
4 102| |Job Retent on Scheme Grant income
Total income||25,355|495934|521,289|33,290|459,773|493,063| |Expenditure
Chantabie
aca tea||61,372|434 139|495,511|62,399|407,290|469,689| |Total expenditure|||||||| |Net Incoming
I(outgoing)
Resources for Ihe year||(36,017)|61,795|25,778|(29,109)|52,483|23,374| |Other recognised
gains and losses||||||165,000|165,000| |Unreal sad gains on tangible fred assets
Net movement
n funds relaang to the year
Totalfunds
broughtforwa
d as at 1st Apnt 2022
Totalfunds
cerned fonmrd at 31 March 2023||(36,017)
486,465
450 449|61,795
495276
557 071|25,778
981,741
1007519|(29,109)
515,574
assess|217,483
277,793
495270|188,374
793,367
981 741| |Statement of cash flo|ws|||||| |---|---|---|---|---|---|---| |||||2023|2022|| |||||6|6|| |cash flows from operating actmties
Cash generated
fiom operat one||||35,060|50,209|| |Interest
paid||||(15,196)|(12,787)|| |Met cash Sow from opsrabng||actvkies||19,864|37,422|| |Investing
activmes
Purchase
of tangible exec asseis||||(40,?45)|(73,294)|| |Financfng acbvities||||||| |Movement
on loans||||(16,344)|(24,092)|| |Cash and cash squna|lan ts at the||begnn ng of the yea|40,265|64,357|| |Cash and cash equivalents
al||the end ofthe year||||| |||||2023|2022|| |||||8|6|| |Cash generated
from|opsratlo||s|||| |Su plus fo the year||||25,778|188,374|| |Ad)ustrrrlihts
for'
Finance costs
Ceprenaton||||15,196
26,263
0|12,787
22,755
(165,000)|| |Re aluaton||||||| |Movement
In working
Increase
in debtors
Inc sass in crecito s|capital|||(38,731)
6,554|(32,654)
23.947|| |Cash generated
irom|operations|||||| |||||I April
2022|Cashflows|31March
2023| |||||f.|6|| |Analysis
ofchanges|in net debt|||||| |Cash at bank and
n hand||||40,265|(16,344)|23,921| |Sorrov ngs||||166017|20 381|| |Cambridge
Sport Lakes Trust||| |---|---|---| |Company
limffedby
guarantee||| |Year ended 31March 2023||| |Notes to the ffnancial statements||| |Accounffng
poffcies||| |Company
information
Cambndge
Spode Lakes Trust is a company
imited
by gua antes incorporated
n England
and wales
regskalion
numbe
02863773 The
reg ste ed ofbcs is The Viator Cent e, M Iton Country Park, Cambridge
Road, Milton, Cambrtdge, 0524 6AZ||| |Accounying
comenffon||| |The acco nts have been p epa ed in accordance
w th Ihe Chardy's
Arbcles of Assooabon,
the Compan es Act 2006 and "Account ng a
d Report
g by Chant as Stateme
t ol Recommended
Pracbce appl cable
chanties prepsnng
the
accounts
m accordance
with the Fnanc al Reporting
slantlard
appl cable in the UK and Republ cof I eland (FRs102)" The chardy sa pubic Sanest Enkly as defned by FRs102||to| |Thefinanoalstale
e
I
a
p
pa e nss
g,
c "
e
d
t m, m
hathef
mo
al
re
y fthech
ly Monetaryamounts
nlhesesnanoalstatenientsaeroundedlothenearestE||| |The pnnopal
acmlunbng
pol cas adopted
are set out below||| |Going concern||| |Notmthstandng
nel current
Iah
Ities of7108068 (current assets of525 710),st the lime ofapproving
the fnanoal statements,
the directors have a reasonable
expsctabo
that the company
has adequate||| |esca css to continua
r ope abonal
ex stance
for Ihe fo eseeable future
Thus the d rectors cont nue to adopt the gong concern basis of accounbng
in prepanng
ths snanc at statements||| |The directors ha e prepared
income and expe dl
re forecasts lo 31 March 2025.These sho
that the company
can operate wt
g es
g
p
hnitsa
dworkin
ca
lalfaolffesforthwpenod
Inaddion,
in
the Doth the current and pre
ous year (see nots 15for funher
information),
a formal loan agreeme
t has been p I in piece (effect vs dates 31 March 2015 and 31 March 20201wlh a trustee, fo repaymertt
due on 31 March 2024 anil 31 Ma ch 2025 However,
repayment
ofthese toa
5 s only required
when there is sufbosnt capiial ava labia
This hss helped ihe company
to manage
ts day to day work nb||| |cap tal as required
and has pro ided further
head oom mo
ng forward||| |Tangible Sxed assets and depreciation||| |Leasehold
lanrl and Duilcinqs were re al ed in the pre
0 s account no penod and the chanqs
in
slue has Dean accounted
for n accomance
mtr FRS 102||| |Other tarsi Die fixed assets are staled at hsloncal cost less depredation
and imps rme
t||| |Oep ac alon
is provided at rates calculated to w ts offthe eral less residual
val e ofeach asset over its expected
satul
Ife, as follows||| |F eehoid
Land and Bu ld
gs
Leasehold
Land and Buldrigs
No dspreqatmn
No dep coat on
The Freehokl
and Leasehold
propeny
in the accounts
s not depreoated
as the pract ca of regular
maintenance
and reps
8 such that the prs
ously assessed standard
s ma
isned
Fixtures,
filbngs and equip
enl
Property,
plant and equ pment
33%strmght
lnb
10'/, straight
Ine
impairments
Fixed assets are revieued fo
mpmrmenl
fevents or changes
n wrcumstances
ind cate that the carrwng
amount
may
not be recoverable
or as othenuse
equ red by relevant
accounting
stands
ds
shortiaas
between
the carrying
slue off sd assets
and ther
reco arable amounts,
being Ihe h gher ofneireal sable value and
al e&n use, are recognwed
as imps rments
Investments
Feed asset investments
a e ncluded
at ma ket value at Ihe balance stleet date
Any gain or loss on revaluabon
is taken to ths Statement of Finanmal
Act vitae
Rnanctal instruments
The company has elected lo apply ths provisions
ofsect on 11 'Baste Finanmal
instruments'
and sect on 12 'other Finanoal
instruments
Issues' ofFRs 102to aa of ts finsnoal
nstruments
Financ at inst uments a s ecogn sad in the company's
balance sheet when the company becomes pahy to the contractual
provis one ofths nstrument
Fnanoal assets and kabiiit as aie offset
vrth the net amou
ts prese
led
In the fnan col statements
when Ihere is a legally enfo csable nght to set offthe recogn sed amounts
and there is an ntent on
tosettle o
a net bass
or to rest as Ihe asset and sable the Iability s multansousiy
Basic Tnanclal assets
de d**e**btors and **cas**h **a** d D**an**k balances, a e nikaay measured
at Iransacbon
pres includ ng t ansacbo
costs and are subsequently
cerned at amonisett cost using the effective
Basicfnanoalassets,
whchmclude
orden
a
f h
**r** cei I**s**mscou
ledatamarketrateofinterest
Fnanoalassets
nteresl method unless the arrangement
const totes a ffnanmng
transacton,
whe 6the Iiansacuon
8 measured
at the present
slue o t sf ture
eceip
scou
class fed as ace vshie v thin one year are not amort sad
classiscatlon
offfnanmal
gabilmes
FinanoaHiabiltssandequtyinstr
menlsarecass
edacco
ng o es
nceo
0
rd
I
th
bats
fthe cont acl al ansngements
entered
into
An equity
i struma
I s any contract ttial e dances s res dual inta est in the assets of
lhe company
affer deduct ng aa of ts tab Ilies
Basic Sna net at
gabffrties
dt, b klo,
l
nsfomfetlowgro
pcomp»a
dc sf *
hae sale c lessned
sdebt.
. .telly e. 0 s daltansacbonpnceunlessthsarrangement
BaacffnanoaHtablities,
nclud gae
ors,
an
cans, oa
'o",
,
I
0 das
a able
thnons
ear
consbiutes
a finanong
Irsnsacbo**,** Mere
e
e
ns
umen
**s** **mea**
u
k
un
th
d bt
I
nt
sured
at the present
slue ofthe future payments
discounted
ate market rate of interest
Fnanoallabildies
casa
e
p
y
y
are not amort sed
Oebt instruments
are subseque
tly cerned al amorbsed
cosk us ng the effsc!va inta est rale method
Tradecreditosaeoblgationstopay
orgoo sores
ces
a
ave
u
f
0
th
t h
been acq
red
n ths ordrnaocou
se of business
from 8 ppliers
Amounts
payable are classa'ed
as current
lab t tea
d payment e due wthn one
year or less
If not, they are p esented as non-cur en
a
es
a e cre
a e
t k bit
T
0
0lors
lecognised
nil atty at tra sacbon pncs and subsequently
masse ed at smart sad cost using the effect e nterest method||| ## ## ## |7|Tangible feed assets|Land and
buildnigs
leasehold|Land and
bugdings
freehold|Land and
bugdings
freehold|Flntufee,
fimihgS ahd
equipment|Flntufee,
fimihgS ahd
equipment|Property
Plant 8
Eq ipment|Total| |---|---|---|---|---|---|---|---|---| |||8|6||6|||| ||CostfRevaluatlon
Al
1 Apnl 2022|1,186,959||90,000||58,596|139,111|1,474,665| ||Aud tio s|21,641||||15,875|2,729|40,245| ||DSpoSSIS|||||||| ||Re aluation|||||||| ||At 31 March 2023|I 208600||90000||74471|141 840|I 514910| ||Depreciation
and impairment
At I Apnl 2022|245,429||||46,457|30,794|322,680| ||Charge for the year|||||12,186|14,077|26,263| ||Dnoosals|||||||| ||At 31 March 2023|245429||||58643|44 871|348943| ||Net book values
At 31 Marcli 2023|963170||90000||15828|96969|1 165967| ||AI I Apnl 2022|941 529
directors||90000||12139|108317|I 151985| |8|Feed asset Investments|||||Sutmidiary
Uhdehaldhgs|Other'
Uhgsted|| |---|---|---|---|---|---|---|---|---| |||||||shares|investments|Total| |||||||6||6| ||Cost|||||||| ||At I Anni 2022|||||||| ||Admtions|||||||| ||Dsposais|||||||| ||Rsvaluabons|||||||| ||At 31 March 2023|||||||| ||Net book values|||||||| ||At 31 March 2023|||||||| ||At I Apnl 2022|||||||| ||Holdings of 20'A or more
The company
holds 20'/
or more ofthe she 8 capital of the folio||ng company|||||| ||Company|||Country of
reglstrat
on
of ihcorpor8flo||Nature of
business|Shares held
Ci888|Pfoponion
ofsnares
held| ||Subsidiary
undertaking
Cambndge
Spoh Lakes|T ad ng Limited||England||Dormant|Ord nary|100'4| ||Racists ed ofgce|||||||| ||Milton Country park|||||||| ||Cambndge
Road|||||||| ||Milton, Cambndgs|||||||| ||0824 6AZ|||||||| ## ##