REGISTERED COMPANY NUMBER: 03383674 (England and Wales) REGISTERED CHARITY NUMBER: 1071804 UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR BOURNEMOUTH SCHQQL CHARITABLE TRUST Elson Geaves Accountants Cliartered Certified Accountants Elson Geaves Foi'est Links Road Ferndown Doi-set BH22 9PH
BOURNEMOUTH SCHOOL CHARITABLE TRUST CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Report of Ihe Trustees Independent Examiner'$ Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements Detailed Statement of Financial Aclivities 14
BOURNEMOUTH SCHOOL CHARITABLE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Tlie trustees wlio are also directors of the charity for the pui-poses of tlie Coiiipanies Act ?006, present theii. report witli tlie financial stateinents of the charity for the year ended 31 Marcli 20?5. Tli¢ trustees have adopted tlie provisions of Accounting and Reporting by Charities: Stateiiient of Recommended Practice applicable to charitie5 pi-epai-ing their accounts in accordance witli tlie Financial Reporting Standai'd applicable in the UK and Republic of Jreland (FRS 102) (effective l January ?019). OBJECTIVES AND ACTIVITIES Objectives and aims Tlie conipany's objects are tlie advanceiiient of education in Bourneiiiouth and the surrounding area and in particulai., but without prejudice to the generality of the foi'egoing, to carry out such activities in relation to Bourneinouth School as iiiay be cliai'itable and to proiiiote for tlie benefit of the inhabitants of Bournemouth and the suri-ounding area the provision at the Sports Centre at Bourneiiiouth School of facilities for recreation or otlicr l¢isui'e trine occupation of individuals wlio liave need of such faci lities by I'eason of their youih, age, infirmity or disableinent, financial liardsliip or social and econoiii ic cii'cumstances or foi. the public at large in the interest of soc ial weltare and with ilie object of iinproving the condition of l ife of tlie said inliabitants. Public benefit The trustees l)ave considered the Charity Cointnission's general guidance on public benefit when reviewing tlie objectives and activities and in planning future activities. In pursuit of Iliese objects the coinpany constructed an All Weather Spoi1S Pitch in 1998 and acquired tlie activities, assets and liabilities of Boui'neiiioutli Scliool Sports Trust in ?015. ACHIEVEMF.NTS AND PERFORMANCE Charitable activities Tlie coiiipany arrangied for the construction of an A I I Weather Sports Pitcli wliicl) was available for hire froin l Noveiiiber 1999. Tlie responsibil ity for the operating of the faci l ity was Contracted io an independent third pai'ty wliicli paid tlie coinpany rent based on its level of takings until 31 Deceiiiber 2004. On l May ?0 l O operation of tl)e facil ity was contracted to BH Live (previously Bourneiiioutli Borougih Counci l). Initial ly BH Live paid tl)e coinpany a rent with the coimpany agreeing to make grants to fund any operational deficits incurred by BH Live (previously Bournemouth Borough Council), but on 28 January 2015 following tlie approval of tlie aiiiendiments to its Memorandum and Articles of Association tlie coiiipany took responsibility for the activities, assets and l iabil ities of Bournen)outh Scliool Sporls Trust and contracted the operation of tlies¢ a55ets, i.e. tlie Sports Hall and Outdoor Cour15, tooetlier witli tlie rental of the All Weather Sports Pitch to BH LiNe (pr¢Niously Bournen)outh Borough Council). Undey the teYi))s of tliis contract the CfJmpaThy is no long¥ei' I'equii-ed to fund any operational deficits incuri'ed by BH Live. Tlie directoi-s and trustees are satisfied that the facility continues to be well used and that rhe coinpany's activities have been undertaken to fui'ther the company's cliai-itable purposes for the public benctit. Page I
BOURNEMOUTH SCHOOL CHARIT ABLE TRU REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 FINANCIAL REVIEW Financial position Tlie balance slieet as at 31 March ?0?5 shows that the company has uni'estricted funds of £795 ?5? and lias been able to iiieet all of its outgoings fi'oiii its own funds without tlie need for bank borrowings. None of tlie coiiipany's funds as at 31 Marcli ?0?5 are restricted. The directors and trustees consider that ther'e is si4nificant casli resources to iiieet the on-going expenditui-e of tlie coiiipany during the year ended 31 March ?0?5 and tlie year aliead.. Reserves policy The reserves policy of the directors and trustees is to accuimulate sufficient funds to sustain the assets of the Sir David Englisli Sports Centre. FUTURE PLANS Following tlie decision by the directors and trustees to acquire tlie activities, assels and liabiliries of Bourneiiiouth Scliool Sports Trust tlie coiiipany entered inlo a long term rental contract with BH Live (previously Bournenioutl) Borough Council) for the whole of the Sir David Englisli Sports Centre. As previously staled, under this new ¢oniTa¢t there is no requiTement to fund any w)eTational deficils incuryed by BH Live (previously Bourneiiiouth Borough Counci l). This sliould enable tlie coiiipany to ful ly sustain al I of tlie assets of tlie Sir David Engl ish Sports Centre and secure its viabil ity unti I the 31 st March ?03 5. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Tlie cliarity is controlled by its governing docuinent, a deed of trust, and constitutes a liinited coinpany, liiliited by guarantee, as dcfined by the Coimpanies Act 2006. Organisational slructure Tlie organisaiion is a charitable coinpany limited by guarantee, incorporated on 9 June 1997 and registered as a cliarity on 2 October 1998. The coiiipaiiy was established under a Meiiioi'anduiii of Association wliich establislied tlie objects and powers of the charitable company and is governed under its Articles of Association. A second object to include the provision at the Sir David Englisli Sports Centre at Bournemouth Scliool of facil ities for public I'eci'eation was added on ? 5 October ?012. In tlie event of the coiiipany being wound up iiieiiibers are required to contribute an ainount not exceeding £ l. Tlie directors of tlie coinpany are all trustees of the charity and tliere are no other trustees. All of the directors and trustees, as detailed on page ? served througliout tlie year. All the directors and trustees are iiieiiibers of tlie coiiipany. Tlie trustees Ineet on a regular basis to manage the affairs of tlie coiiipany. Tlie day to day I'unning of the C0177pany's affairs is und¢rtak¢n by the coiiipany secretary. Tlie ¢0177pany is not dependent upon the services of unpaid volunteers. Risk management Tlie directors and truslees have undertaken a review of risks wliich niay have an effect on the charitable conipany and its activities. The trustees are satisfied tliat no significant risks exist in this respect. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 03383674 (England and Wales) Registered Charity number 1071804 Page 2
BOURNEMOUTH SCHOOL CHARITABLE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Registered office clo Mi's M C Hougliton Bournemouth Scliool Charitable Tiwst Sir David Englisli Sports Centre,East Way Boumeiiioutli Doi-set BH8 9PY Trustees Colonel A F P Petrie (Cliairiiian) - Retired Dr D P L¢w'ts- Headniaster (resigned 13.? ?0?5) Mr D J Oaten - Retired (resigned 8.11.20?4) Mr C. J Rees- Retired (resigned 8.11.20?4) Ms N En(ylisli Siii itli - Freelance Pliolographer J P Atkinson Project Ofticer A Dawson Coiiipany Director (resigned 4,3.2025) M E M Barker (appointed 18.4.?0?5) Professor S Cotterill (.appoinled 18.4.2025) J D Pearce Sports Coiiipe(ilion Manager-virtus Sport (appointed 8.11 ?0?4) M A Rance (appointed 18.4.20?5) Company Secretary Mrs M C. Hougl)ton Independent Exydminer Gary Kearley FCPA Elson Geaves Accountants Cliartered Certified Accountants Elson Geaves Forest Links Road Ferndown Dorsel BH12 9PH Approved by ordei. of the board of trustees on and signed on its belialf by: Colonel A F P Petrie (Chairiiian)- Truslee Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BOURNEMOUTH SCHOOL CHARITABLE TRUST Independent examiner's report to the trustees of Bournemouth School Charitable Trust ('the Company,) repoi't to tlie cliarity trustees on iiiy exaiiiination of the accounts of tlie Coiiipany for tlie year ended 31 Marcli 2025. Responsibilities and basi5 of report As tlie cliarity's trustees of tlie Conipany (and also its directoi-s for the purposes of coiiipany law) you are responsible for the preparation of the accounts in accordance willi tl)e requireinents of the Companies Act 2006 ('the 2006 Act,). Having satisfied iiiyself that the accounls of the Coinpany are not required to be audited under Part 16 of the 2006 Act and are eligyible foi. independent exaiiiination, I report in respect of iiiy exainination of your c4)Ai ity's acCOkS as carried under SectioTh l 4S of the Charities Act ?0 I i ('(lie ?0 I l Acl). In caYYyiThg iiiy exaiii ination I have fol lowed the Directions given by the Charity Coiiiiiiission under Section 145(5) (b) of tlie ?01 l Act. Independent examiner's statement I liave coiiipleted Iny exainination. I confiriii that no niatters have coiiie to iiiy attention in connection with tlie exaiiiination giving Ine cause Lo believe.. accounting records were noi kept in respect of the Company as required by Section 386 of the ?006 Act; or tlie accounts do not accord with those records. or tlie accounts do not coiiiply with the accounting requirenients of Section 396 of tlie ?006 Act other tlian any requireiiient that the accounts give a true and fair view wliicli is not a iiiatter considei'ed as pai'l of an independent exainination. 01- tlie accounts liave not been prepai'ed in accordance with the nietliods and principles of the Stateinent of Recf)iiimended Practice for a¢¢f>Th(Ing arÈd rtporting by cli&riti¢s (applicable to chaYiti¢s preparin tlieir accounts in accoi-dance with the Financial Reporting Standai'd applicable in the UK and Republic of Ireland (FRS I O?)). I liave no concerns and liave coiiie across no other iiiatlers in connection witli the exaiiiination to which attention sliould be drawn in thi5 repoi't in order to enable a propel. understanding of tlie accounts to be reaclied. Gary K¢arley FCPA Elson Geaves Accountants Cliartered Certified Accountanls Elson Geaves Forest Links Road Ferndown Dorset BH22 9PH Date: 1811212025 Page 4
BOURNEMOUTH SCHOOL CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Total fuilds Uiirescricl¢d lid Notes INCOME AND ENDOWMENTS FROM Charitable activities Cliaritable Activities 100,042 15,425 Investiiient incoiiie Otlier incoiiie 7,383 6,074 30 Total 107,425 121,529 EXPENDITURE ON Charitable activities Charitable Activities 77.736 62,444 Otlicr 1,344 998 Total 79,080 63,442 NET INCOME 28.345 58,087 RECONCILIATION OF FUNDS Total funds brougilit foi'ward 766,907 708,820 TOTAL FUNDS CARRIED FORWARD 795,252 766,907 The notes forni pari of these financial statenieiits Page 5
BOURNEMOUTH SCHOOL CHARITABLE TRUST BALANCE SHEET 31 MARCH 2025 2025 2024 Total fuiids Unrestricted rid Notes FIXED ASSETS Tangible assets ?33,377 ?7? 586 CURRENT ASSETS Debtors Casli at bank 32,775 530,900 6,002 510,819 563,675 516,821 CREDITORS Aiiiounts t"alling due witliin one year (1,800) (??,500) NET CURRENT ASSETS 561,875 494,321 TOTAL ASSETS LESS CURRENT LIABILITIES 795,252 766,907 NET ASSETS 795,252 766,907 FUNDS UnTtStricted funds 795,152 766.9457 TOTAL FUNDS 795,252 766,907 Tlie cliaritable coinpany is entitled to exemption from audit under Section 477 of tlie Companies Act ?006 for tlie year ended 31 March 20?5. Tlie iiieiiibers liave not required the coiiipany io obtain an audit of its financial stateillents for the year ended 31 Marcli 2025 in accordance with Section 476 of the Coiiipanies Act ?006. Tlie trustees acknowledge their responsibi l ities for (a) ensuring that tlie charitable coinpany keeps accountin&i records tliat coiiiply with Sections 3 86 and 387 of tlie Coiiipan ics Act ?006 and (b) prepai'ing financial stateinents which oive a true and fair view of tlie state of affairs of the charitable COiiThPany 74S at il)e of ¢74ch yeay of ils surp48 f)Y defi£ii ¢a¢h financial year in accordance with the rcquireiiients of Sections 394 and J95 and wliicli otlierwise coiiiply with the I'equ ii'eiiients of tlie Coiiipanies Act ?006 relating to financial stateiiiencs, so far as applicable to the cljaritable coinpany. The iiote5 forni part of these financial scaienients Page 6 oniii)ued...
BOURNEMOUTH SCHOOL CHARITABLE TRUST BALANCE SHEET- continued 31 MARCH 2025 Tliese financial statcinents have been prepared in accordance witli the provisions applicable to chai-itablc conipanies subject to the siiial I coiiipanies regime. Tlie financial stateinenls were approved by rhe Board of Trustees and autliorised for issue on and were sioned on its belialf by: A F P PtÉYi¢ (Cl)aiiTh)&))) - T%slee The notes form pan of these fiiiaiicial 51alenienLS Page 7
BOURNEMOUTH SCHOOL CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Basis of preparing the fjnancial statements Tlie financial stateinents of the charitable company, which 15 a public benefit entity under FRS I O? liave been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Cliarities: Statenient of Recomiiiended Practice applicable to cliarities preparing theii- accounts in accordance with the Financial Repotting Standard applicable in tlie UK and Republic of Ireland (FRS 102) {effective l January ?019)', Financial Reporting Standai-d 102 'Tlie Financial Repoi-ting Standai'd applicable in fhe UK and Republic of Ireland, and the Coiiipan ies Act 2006. Tlie financial stateinents have been prepared under the historical cost convention. Income All inconie is recognised in the Stateinent of Financial Activities once tlie charity has entitlement to the funds, it is probable that the incoime wil I be received and the aimount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation coiiim itting the charity to that expenditure, it is probable that a transfer of econoii)ic benefits wil I be required in settl£iTrtYA WLYfU4ftlL Df +ltrt tk)J@v1rl ILrt it4., J. ExErtTILI£ ' accounted for on an accruals basis and has been classified under lieadings tliat aggregate all cost related to the category. Where costs cannot b¢ directly attribuLed to particular headings they have been allocated to activities on a basis consistent wiLlI tlie use ot. resources. Tangible fixed assets Depreciation is provided at the following annual rates in ordei. to write off each asset ovei. its estiiiiaied useful l ife. Taxation Tl)e cliarity is exempt froin corporation tax on its cl)aritable aclivities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the disci'etion of the trustees. Restri¢ted funds tffil's l)e Resti'ictions arise wlien specified by the donor or when funds are raised for particular resti'icted purposes. Furtlier explanation of the nature and purpose of each fund is included in the notes to the financial stateiiients. Page 8 oiilinued...
BOURNEMOUTH SCHOOL CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 202$ INVESTMENT INCOME 2025 2024 Deposit account interest 7.383 6,074 NET INCOMEI(EXPENDITURE} Net inconie/(expenditure) is stated attei. charging/(crediting): 2024 Depreciation - owned assets 39,209 39.209 TRUSTEES, REMUNERATION AND BENEFITS Tliere were no trustees, reiiiuneration or other benefits for tlie year ended 31 March ?0?5 nor for the year ended 31 Marcli 20?4. Trustees, expenses There were no trustees, expenses paid for che year ended 31 Marcli 2025 nor for tl)e year ended 31 Marcli 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unreslricled fijiid INCOME AND ENDOWMENTS FROM Charitable activities Charitable Aclivities 15,425 Investiiient incoiiie Otliei. incoine 6,074 30 Total 121,529 EXPENDITURE ON Charitable actiTrYtres Cliaritable Activities 62,444 Other 998 Total 63,442 NET INCOME 58,087 RECONCILIATION OF FUNDS Total funds brouglit forward 708,820 Page 9 contiiiued...
BOURNEMOUTH SCHOOL CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVtTIES- continued Uiirescricted fuiid TOTAL FUNDS CARRIED FORWARD 766,907 T ANGIBLE FIXED ASSETS Short leasehold Plaiit aiid niachiiiery Sports pitches Totals COST At l April 2024 and 31 Marcli 20?5 134,095 187,494 3?3,268 644,857 DEPRECIATION At l April 2024 Cliarge for year 39,9?3 4,405 138,855 193,493 19,599 37? ?71 39,?09 At 31 Marcli 2025 44,3?8 154,060 213,09? 411,480 NET BOOK VALUE At 31 March 2025 89,767 33,434 110,176 233,377 At 31 Marcli 2024 94,172 48,639 1 ?9,775 ?7? 586 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtors VAT Pi'epayiiients and accrued incoine Prepayiiients 6,002 82 25,010 7,683 32,775 6,002 Page 10 coiitiiiued.
BOURNEMOUTH SCHOOL CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors VAT Accruals and deferred income 4.000 5.843 12,657 1,800 1,800 22,500 MOVEMENT FLTNDS Nei movenieiit iii fuiids At 3113125 A1 114124 Unrestricted funds General fund 766,907 28,345 795,252 TOTAL FUNDS 766,907 28,345 795,252 Net iiioveiiient in funds, included in the above are as fol lows: Inconiing C£11r.CO Resources Jwthed. Movenieni Unrestricted funds General fund 107,425 (79,080) 28,345 TOTAL FUNDS 107,425 (79,080) 28,345 Comparatives for movement in funds Nel movemeiit in fuiids Ai 3113124 At 114123 Unrestricted funds General fund TOTAL FUNDS 708,820 58,087 766,907 Page 11 continued...
BOURNEMOUTH SCHOOL CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 MOVEMENT IN FUNDS- conlinued Coiiiparative net Irjoveinent in funds. included in the above are as follows: Iiicon)ing resources Resources expeiided Movemeiii iii fuiids Unrestricted funds General fund 121,529 (63,442) 58,087 TOTAL FUNDS 121,529 (63,442) 58,087 A curi'ent year l ? iiiontlis and pi'ior year 12 months conibined position is as follows: Net Ai 114123 in fuiids 3113125 Unrestricted funds General fund 708,820 86,432 795,252 TOTAL FUNDS 708.820 86,432 795,252 A current year 12 iiionths and prior year l ? months coinbined net iiioveinent in funds, included in the above are as follows.. Inconiing resources Resources expended Movenieiit in fuiids Unrestricted funds Genei'al fund 228,954 (142,522) 86,432 TOTAL FUNDS 228,954 (142,522) 86,432 Page 12 contiiiued...
BOURNEMOUTH SCHOOL CHARITABLE TRUST NOTES TO THE FINAINCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 10. RELATED PARTY DISCLOSURES Tlie coiiipany is controlled b.y its dii-ectors and trustees. One of tlie coiiipany's directors and trustees is Dr. D.P. Lewis, the Head Teaclier of Bourneniouth School. Tlie conipany generated l-ent receivable from Bournemouth School during tlie year ended 31 st March 2025 of £20,006 (2024..£19,237). Tlie conipany was owed £600? by Bournenioutli Scliool as at 31 Mai'cli 2025 (£6002- ?0?4). Page 13