CRAIG-Y-DON SPORTS & COMMUNITY CENTRE CIO
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2026
The Trustees present their report with the financial statements of the CIO for the year ended 31st March 2026.
Governance
The Company was transferred to a CIO on 23[rd] September 2024 and registered as a Charity on 26th March 2001. The Charity was established under a Memorandum of Association, which established the object and powers of the charitable Company and is governed under its Constitution.
Risk Review
The Trustees have assessed the major risks to which the Charity/CIO is exposed and systems have been established to minimise those risks. Internal risks are minimised by the implementation of procedures for authorisation of all transactions. All procedures are under constant review to ensure that they meet the changing needs to the Charity/CIO as it develops.
Objectives and Activities
The Charity’s object and principal activity is to promote and provide facilities for the benefit of the inhabitants of Craig-y-Don and the surrounding area by providing community facilities at affordable prices.
The Trustees hold the lease from Conwy County Borough Council and are responsible for paying all utility bills and other running expenses of the whole site.
The Charity/CIO does not make any grants nor does it operate for any profit other than maintenance of the site and buildings.
Statement of Trustees’ Responsibilities
The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing the financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently
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Observe the methods and principles in the Charities SORP (Statement of Recommended Practice)
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make judgements and estimates that are reasonable and prudent
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prepare the financial statements on the going concern basis unless it is inappropriate to presume the Company will continue in operation.
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CRAIG-Y-DON SPORTS & COMMUNITY CENTRE CIO
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2026
For the year ended 31[st] March 2026, the charity was entitled to exemption from a full audit under section 145 of the Charities Act 2011. No member or third party has required the charity to obtain a full audit of its accounts for the year in accordance with section 144(2) of the Charities Act 2011.
The trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the charity and to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations 2008, and the Charity’s constitution. They are also responsible for safeguarding the assets of the charity and for taking steps to prevent and detect fraud and other irregularities.
Approved by the trustees and signed on their behalf by:
Mr R Mercer Trustee (Treasurer) Date:
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CRAIG-Y-DON SPORTS & COMMUNITY CENTRE CIO
INDEPENDENT EXAMINER’S REPORT
FOR THE YEAR ENDED 31ST MARCH 2026
I report to the charity trustees on my examination of the accounts of Craig y Don Sports & Community Centre, for the year ended 31[st] March 2026.
Responsibilities and Basis of Report
As the charity’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Charities Act 2011 and in carrying out my examination, I have followed all applicable Trustees given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner’s Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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Accounting records were not kept in respect of the CIO as required by section 130 of the Charities Act 2011
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The accounts do not accord with those records
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The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008, other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
J Pratt & Co Ltd Chartered Certified Accountants Basford house 29 Augusta Street Llandudno LL30 2AE
5[th] June 2026
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CRAIG-Y-DON SPORTS & COMMUNITY CENTRE CIO
STATEMENT OF FINANCIAL ACTIVITIES
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2026
| 2026 | 2025 | ||||
|---|---|---|---|---|---|
| Unrestricted | Designated | Total | Total | ||
| Funds | Notes | Funds | Funds | Funds | |
| £ | £ | £ | £ | ||
| Incoming Resources | |||||
| Income from generated funds | |||||
| Utility Contributions | 9836 | 1 | - | 9836 | 22356 |
| Grant for flood lights | - | - | - | - | |
| Grant - Tennis Club | - | - | - | 1050 | |
| ------------ | ------------ | ------------ | ------------ | ||
| TOTAL INCOME | 9836 | - | 9836 | 23406 | |
| ------------ | ------------ | ------------ | ------------ | ||
| Resources Expended | |||||
| Utility Expenditure | 10355 | 2 | - | 10355 | 23719 |
| Flood light grant paid to Tennis Club | - | - | - | - | |
| Grant - Tennis Club | - | - | - | 525 | |
| ------------ | ------------ | ------------ | ------------ | ||
| TOTAL EXPENDITURE | 10355 | - | 10355 | 24244 | |
| ------------ | ------------ | ------------ | ------------ | ||
| Net resource – Surplus/(Deficit) for the Year | (519) | (838) | |||
| LESS: Depreciation for the Year | 16636 | 18921 | |||
| ------------ | ------------ | ||||
| NET LOSS AFTER DEPRECIATION | (17155) | (19759) | |||
| ------------ | ------------ |
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CRAIG-Y-DON SPORTS & COMMUNITY CENTRE CIO STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET FOR THE YEAR ENDED 31ST MARCH 2026
| Notes | 2026 | 2025 | |||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| FIXED ASSETS | |||||
| Cost | 3 | 954039 | 954039 | ||
| Depreciation | 3 | 832731 | 816095 | ||
| ------------ | ------------ | ||||
| 121308 | 137944 | ||||
| CURRENT ASSETS | |||||
| Cash at Bank | 9115 | 9634 | |||
| ------------ | ------------ | ||||
| 9115 | 9634 | ||||
| ------------ | ------------ | ||||
| NET CURRENT ASSETS/(LIABILITIES) | 9115 | 9634 | |||
| ------------ | ------------ | ||||
| 130423 | 147578 | ||||
| ------------ | ------------ | ||||
| TOTAL FUNDS | |||||
| Balance Brought Forward | 147578 | 167337 | |||
| Net (Loss) for the Year | (17155) | (19759) | |||
| ------------ | ------------ | ||||
| 130423 | 147578 | ||||
| ------------ | ------------ |
For the year ended 31st March 2026 the charity was entitled to exemption from a full audit under Section 145 of the Charities Act 2011.
The trustees have not required the charity to obtain an audit of its financial statements for the year in accordance with section 144(2) of the Charities Act 2011.
The trustees acknowledge their responsibility for ensuring that the charity keeps accounting records that comply with Section 130 of the Charities Act 2011 and for preparing financial statements which comply with the requirements of the Act.
These accounts have been prepared in accordance with the provisions applicable to charities subject to the Charities (Accounts and Reports) Regulations 2008, and follow the methods and principles of the Charities SORP (FRS 102).
Approved by the Trustees and signed on their behalf by:
Mr R Mercer Trustee (Treasurer)
Date:
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CRAIG-Y-DON SPORTS & COMMUNITY CENTRE CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2026
1. Utility Income/Contributions
| 2026 | 2025 | |
|---|---|---|
| £ | £ | |
| Tennis Club | 1284 | 2616 |
| Community Centre | 6392 | 16680 |
| Bowling Club | 1512 | 1800 |
| Croquet Club | 648 | 1260 |
| ---------- | ---------- | |
| 9836 | 22356 | |
| ---------- | ---------- |
2. Utility Expenditure (running costs of the Group)
| 2026 | 2025 | |
|---|---|---|
| £ | £ | |
| Water | - | 1991 |
| Water refund – Community Centre | 205 | - |
| Water refund – Croquet Club | 55 | - |
| Light & Heat | 437 | 10212 |
| Telephones | - | 1465 |
| Insurances | 3886 | 3679 |
| Bookkeeper | 924 | 1308 |
| Legal/Accounts | 480 | 480 |
| Repairs & Maintenance | 2679 | 2965 |
| Waste disposal | 1587 | 1478 |
| Companies House fee | - | 34 |
| Bank Charges | 25 | 60 |
| Subscriptions | 47 | 35 |
| Stationery | - | 12 |
| Sport Conwy | 30 | - |
| ---------- | ---------- | |
| 10355 | 23719 | |
| ---------- | ---------- |
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CRAIG-Y-DON SPORTS & COMMUNITY CENTRE CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2026
3. Fixed Assets
| 2026 | 2026 | 2025 | |||
|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | Total | |
| £ | £ | £ | £ | £ | |
| Brought Forward | 152725 | 15817 | 785497 | 954039 | 954039 |
| ------------ | ------------ | ------------ | ------------ | ------------ | |
| Carried Forward | 152725 | 15817 | 785497 | 954039 | 954039 |
| ------------ | ------------ | ------------ | ------------ | ------------ | |
| Land & | Sports | Equipment | Total | ||
| Property | Facilities | ||||
| Restricted | Unrestricted | Unrestricted | |||
| £ | £ | £ | £ | ||
| Cost: | |||||
| At 31st March 2025 | 794698 | 145438 | 13903 | 954039 | |
| ------------ | ------------ | ------------ | ------------ | ||
| At 31st March 2026 | 794698 | 145438 | 13903 | 954039 | |
| ------------ | ------------ | ------------ | ------------ | ||
| Depreciation: | |||||
| At 31st March 2025 | 659514 | 143004 | 13577 | 816095 | |
| Charge for the Year | 16222 | 365 | 49 | 16636 | |
| ------------ | ------------ | ------------ | ------------ | ||
| At 31st March 2026 | 675736 | 143369 | 13626 | 832731 | |
| ------------ | ------------ | ------------ | ------------ | ||
| Net Book Value: | |||||
| At 31st March 2025 | 135184 | 2434 | 326 | 137944 | |
| ------------ | ------------ | ------------ | ------------ | ||
| At 31st March 2026 | 118962 | 2069 | 277 | 121308 | |
| ------------ | ------------ | ------------ | ------------ |
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