WOLSTON LEISURE AND COMMUNITY CENTRE TRUST FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 CHARITY NO. 1090744 WOLSTON LEISURE AND COMMUNITY CENTRE TRusr REPORT OF THE TRusfEES YEAR ENDED 31 MARCH 2025 CHARrrY NAME: Wolston Leisure and Community Centre Trust CHARITY NUMBER: 1090744 ADDRESS: Old School Fields Manor Estate Wolston Coventry CV8 3PD TRusfEES: T Harvey-smith (resigned 12 November 2024) MS Hesketh C Brooks R Lightowler J Mann D Hier GH Fewkes (resigned 2 July 2024) LP Kingsbeer P Wilson S Dobinson C Richley T Ramsey (appointed 18 March 2024) All trustees served for the year unless otherwise noted. srRucfuRE, GOVERNANCE AND MANAGEMENT The charity was established in March 2001 and constituted under a trust deed. A Committee of Management is appointed to run the organisation. Under the terms of the trust deed, the Committee consists of: Seven elected members Seven appointed members from various organisations. No more than 3 co-opted members. The Committee small meet at least 3 times during the year. ACTIVITIES AND OBJECTIVES Under the provisions of the terms of the lease the charity may use the Centre as follows: "Public Open Space as defined in the Open Space Act 1906 and for community facilities the latter to comprise a hall to be used for the usual funttions associated with a Village Hall including uses defined in Classes DI and D2 of the Town and County Planning (use Classes) Order 1987 and to be for the benefit of the residents of Wolston and the immediate vicinity such use to specifically include use for youth purposes" FACILrrIES 3G All Weather Pitch Utilised by over 30 different groups with an age range from 5 years to 60+ years. Also, regularly used by a local football coaching academy for weekly training sessions and football camps in the school holidays. Hired for children's football parties. Page I WOLSTON LEISURE AND COMMUNrrY CENTRE TRUST REPORT OF THE TRUSTEES (CONTINUED) YEAR ENDED 31 MARCH 2025 Grass Football Pitches 5 football pitches for different age categories. Home ground to Coventry City Girls FC on Saturday mornings, facilitsting 9 teams. Cafe facility offering hot and cold food and drinks for players/managers/spectators. utilised by 3 local junior football clubs on Sunday mornings accommodating 7 teams. Fitness Gym Available during the day from 8.00 am to 2.00 pm and in the evening from 6.00 pm to 9.00 pm. Approximately 30 regular gym members. Funttion Room Hire & Club Room Hire Meetings, conferences, and training sessions with the option of in-house catering providing refreshments and lunches. On average 10 to 15 bookings per week with regular clients such as the Police, the NHS and local authorities. These rooms are also hired by local exercise providers for activities such as Yoga, Taekwondo and dance. The youth club has returned to the Centre once a week and is proving popular with local youngsters. Hired for private functions and children's parties. Page 2 WOLsfoN LEISURE AND COMMUNrrY CENTRE TRUST CHAIR'S REPORT YEAR ENDED 31 MARCH 2025 Welcome everyone to the AGM. It has been another busy year at the Centre with continued bookings from regular clients. The unaudited accounts show that we have finished in a stronger position than last year and the cash in hand is inline with the targets set by the trustees to ensure the continued operation of the centre for the following year. The centre team, led by Lisa, has worked tirelessly again this year. The centre has increased its team slightly to ensure they can accommodate the requirements of the people using the facilities. This extra support has helped the team to achieve the operational targets set by the trustees, which is a fantastic achievement. The perfomiance has allowed the ￿ntre to invest in numerous improvements, from the installation of a new heating management system, which will save the centre a significant amount of money on utilities throughout the coming years, to providing new ICT equipment for the team. The centre continues to support a wide variety of users of the facility including, yoga sessions, business meetings from the private and public sector, local support group meetings, fitness sessions through the gym, out of school activities and many more. The All-weather Pitch is still extremely popular both in the winter and summer and the football camps are taking place during all the school holidays. The centre has more demand for the All-weather pitch than can be catered for. A process has started to understand the possibility of increasing the centre's all weather pitch capacity. This will be a long-term project which has only just started. We facilitated 15 football teams this season: Coventry City Girls FC, Binley Woods JFC, Brinklow JFC and Wolston JFC. With so many teams to accommodate, it was no mean feat having to liaise with all the football managers ensuring there were no fixture clashes. Increased communications and a much closer relationship with Wolston Parish Council, due to the efforts of the WPC Chair Tim Willis and the new WPC Trustee Terry Ramsey, has been achieved this year. This I am sure will help, not only the ￿ntre, but also the local community as we look to improve the offering we provide. We continue to focus on community support and try to accommodate any request from the local community. One such example is the re-launch of the youth club which has been very successful with many local children attending. Thank you to all involved in making this happen. Finally, to the Trustees and volunteers a personal thank you for all their help and support, as without it the centre simply wouldn't be able to operate to required levels. M Hesketh (Chair) 17 June 2025 Page 3 WOLSTON LEISURE AND COMMUNrrY CENTRE TRUST FINANCE REPORT YEAR ENDED 31 MARCH 2025 Thank you to Paul Dickins for his support in examining the accounts and to Debra Knighton for the Independent Examiner's Report. Thanks also to David Hier for the detailed monthly financial data. The Trustees are presented with up-to- date financial information at their quarterly meetings. Accounts for the year ending 31 March 2025.. Operational Income: £128,276 - an increase of over £6,500 The main areas of income received were from bookings in the Club Room at £31,000 All- Weather Pitch hire at £31,434 and bookings in the Function Room at £36,500. Although the income for the Function Room was significantly less than the previous financial year, the bookings for the Club Room and AWP had increased. Donations and Grants Donations from local groups £1,443 Football Foundation grant £9,777 for the Pitch Maintenance Programme. Wolston Parish Council grants totalling £1,775 £1,275 to replace the carpet in Reception and the landing area leading to the Function Room. The Function Room carpet was replaced in the previous financial year with the support of the Parish Council. £500 was also received as a contribution towards for the Luncheon Club for the October and December 2024. Operational Expenditure.. £123,629 A massive reduction of £14,000 on the previous year. The main expenditure was wages and utilities. There was a saving of £3,000 on the projected target for utilities. Unplanned expenditure: Fire exit door at £1,350 The reserve of £1,650 for the Wolston Youth Club has almost been used, with April 2025 being the final month. Monies held in accounts on 31 March 2025: Petty Cash £420 Current £1,410 Deposit £34,500 Thank you to those Trustees who cover the Centre on an evening, especially when asked to commit to two nights a week following the resignation of a Trustee. This was for several months and included the Friday evening rota from October to March. Finally, a massive thank you to all staff for their hard work throughout the year. Lisa Jones Centre Manager 17 June 2025 Page 4 00 J f40 me4￿M CTh m ¢X) m Ln cntrm co Oaro>>> WOLSTON LEISURE AND COMMUNrrY CENTRE TRusr NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2025 l. The accounts are prepared on a Receipts and Payments basis and tske no account of amounts owing by or to the Trust. 2. Unrestricted Funds are available to spend at the Trustees discretion. They are spent on the operation of the centre with any surplus being used for future expenditure of a revenue or capital nature. Designated funds are unrestricted funds that have been set aside by the trustees for particular purposes. Restricted Funds are funds on which the expenditure is restricted by the donor. At the year end the restricted funds are in respect of donations £16 (2024-£16), grants £8,273 (2024-£77) and Wolston Youth Club £266 (2024-£1,650). 3. The Cash Funds shown on the accounts comprise: 2025 2024 Cash and cheques in hand Current Account Deposit Account 420 513 1,410 1,799 34 500 26 000 £36 330 £28 312 Our bankers are Uoyds Bank Plc. 4. At 31 March 2025, the Statement of Assets and Labilities was as follows: 2025 2024 Fixed assets at estimated net book value Centre All weather pitch Other assets used within the centre 270,280 279,600 17.805 279,965 297,405 Current assets Amounts owing to Centre and payments in advance Cash and bank 9,808 3,233 Current liabilities Amounts owing to suppliers, VAT due and other creditors ￿1 Carried forward £314 556 £318 339 Page 6 WOLSTON LEISURE AND COMMUNrrY CENTRE TRUST NOTES TO THE ACCOUNTS (CONTINUED) YEAR ENDED 31 MARCH 2025 2025 314,556 2024 318,339 Brought forward Deferred grants 306 001 316 596 In arriving at the estimated net book value of fixed assets, the trustees have had to make assumptions about the original cost of the fixed assets as this information is not readily available. 5. The buildings have an insurance value of £3.6 million and the contents an insurance value of £IOO,000. Capitsl expenditure is written off in the year of purchase. 6. In the unlikely event of the centre being unable to operate all the assets and liabilities would revert to Wolston Parish Council as Custodian Trustee. Page 7 Independent examiner's report to the Trustees of Wolston Leisure and Community Centre Trust I report to the trustees on my examination of the accounts of Wolston Leisure and Community Centre Trust (the Trust) for the year ended 31 March 2025 which are set out on pages 5 to 7 Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Art 2011 Cthe ACV). I report in respett of my examination of the Trusys accounts carried out under s. 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under s. 145(5)(b) of the Act. Independent examinerfs 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: (l) accounting records were not kept in respect of the Trust as required by section 130 of the Att; or (2) the accounts do not accord with those records; or I have no concems and have come across no other matters in connertion 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. Signed Name: D C Knighton Relevant professional qualification or body: FCCA Address: Spencer Gardner Dickins 3-4 Coventry Innovation Willage Cheetah Road Coventry CVI 2TL 19 June 2025 Page 8