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2025-09-30-accounts

REGISTERED COMPANY NUMBER: 04212946 (England and Wales) REGISTERED CHARITY NUMBER: 1090921

Report of the Trustees and

Financial Statements for the Year Ended 30 September 2025

for Ribble Valley Sports and Recreation Trading as Roefield Leisure

Bennett Kirkhope Smith Ltd Chartered Certified Accountants and Statutory Auditors Suites 5 & 6 The Printworks Hey Road Barrow Clitheroe Lancashire BB7 9WB

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Contents of the Financial Statements for the Year Ended 30 September 2025

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Page
Report of the Trustees 1 to 7
Report of the Independent Auditors 8 to 11
Statement of Financial Activities 12
Balance Sheet 13
Cash Flow Statement 14
Notes to the Cash Flow Statement 15
Notes to the Financial Statements 16 to 30
Detailed Statement of Financial Activities 31 to 32
DRAFT
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Ribble Valley Sports and Recreation Trading as Roefield Leisure

Report of the Trustees for the Year Ended 30 September 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims

The company's principal objectives, as set out in the Memorandum of Association are:-

"to provide or assist in the provision of facilities for the recreation and other leisure time occupation of the inhabitants of Ribble Valley district and in particular by the provision of buildings to be used for the purpose of improving the conditions of life for the persons for whom the facilities are primarily intended who by reason of their youth and/or social or economic circumstances are in need of such facilities." There were no changes in the year in the policies adopted by the company in order to further its objects.

Page 1

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Report of the Trustees for the Year Ended 30 September 2025

OBJECTIVES AND ACTIVITIES

Public benefit

The Trustees have complied with their duty in section 17(5) of the 2011 Charities Act to have due regard to public benefit guidance published by the Charity Commission when reviewing aims and objectives of the charity in planning future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives set.

All charitable activities are focused on providing recreation and other leisure occupation in the interest of social welfare and are undertaken to further the charitable purpose for public benefit.

The following are examples of schemes that are in place which benefit the public:

allows a 40% discount on the full fitness membership housing, disability, child support) and students. This Valley Health and Wellbeing Partnership. The has replacing it with the 'Lets Live Life' scheme. The specialist classes which are available at a 60% stretch, meditation, aerobics, tone, Tai Chi, fitness as supervised gym. 'Lets Live Life scheme' also runs funding from Sport England, we have introduced Wellbeing Partnership now has a children section, This Activities Fund (HAF), which provides eligible children winter holidays. This now runs in the partnership along County council. The partnership is also in its 5th year (PASTA), this is an after school club for children aged schools on activities such as archery, gym, The centre has seen a substantial increase in partnerships clubs. All 6 local secondary schools use the centre hall hire for a local indoor crown green bowling

The Freedom membership, which allows a 40% discount on the full fitness membership to those on benefits (income support, job seekers, housing, disability, child support) and students. This membership has been re-marketed in partnership with Ribble Valley Borough Council.

The charity manages the Ribble Valley Health and Wellbeing Partnership. The has taken over the Ribble Valley 'Up and Active' scheme, replacing it with the 'Lets Live Life' scheme. The scheme encourages a healthy lifestyle, by putting on specialist classes which are available at a 60% discounted price. Classes include seated exercise, circuits, stretch, meditation, aerobics, tone, Tai Chi, fitness come dancing and sessions for GP referrals such as supervised gym. 'Lets Live Life scheme' also runs the 'Rural roadshow'. Additionally, this year, with funding from Sport England, we have introduced specialised Parkinson's rehabilitation sessions.

The Ribble Valley Health and Wellbeing Partnership now has a children section, This department is now in its 6th year of running the Holiday Activities Fund (HAF), which provides eligible children with free holiday club provision in easter, summer and winter holidays. This now runs in the partnership along with the department of education and Lancashire County council. The partnership is also in its 5th year of running the Play Activities Teatime skills provision (PASTA), this is an after school club for children aged 4-8 year old with high BMI,it runs in the partnership with Lancashire County Council.

A 70% discount to all local secondary schools on activities such as archery, gym, fitness classes, bowling, and all other centre pursuits. The centre has seen a substantial increase in partnerships with local schools, community groups and sports clubs. All 6 local secondary schools use the centre twice a week and 4 local primary schools once a week.

A 25% discount per team on sports hall hire for a local indoor crown green bowling league for both league and practice sessions. 95% of the participants are over the age of 60.

The centre holds a free running club, walking clubs, electric bike sessions and boot camps for local residents, providing over 260 hours' worth of free fitness provision per year.

The centre works in partnership with a local charity including Ribble Valley Families Foundation, amongst others.

Through the partnership, the charity is currently overseeing the Department of Education funded initiative 'Holiday Activities and Food' programme, Lancashire County Council funded, 'Play and Skills at Teatime' activities. Both initiatives support local families who need help with food and nutrition, enriching activities and planning for school aged children.

Page 2

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Report of the Trustees for the Year Ended 30 September 2025

ACHIEVEMENTS AND PERFORMANCE

Fundraising activities

This report relates to the 12-month period from 1 October 2024 to 30 September 2025, being the 21st year the charity has been trading as a company limited by guarantee.

The charity continues to achieve its objectives by delivering commercial and non-commercial fitness activities.

This is the 13th full year of management by David Potts and he has continued to achieve the objectives of the charity and improved the range of discounts and facilities offered by the centre in the Ribble Valley.

Over the 13 years of management, David Potts has overseen several projects which have helped improve the facilities of the centre. These include a new state of the art spinning studio, increased square meterage of the changing provisions, improved lighting for several sports in the sports hall. Ribble Valley Health and Well being partnership has been a significant success for the charity and has allowed the charity to go above and beyond its charitable aims.

The trustees are satisfied with the job David Potts has undertaken, particularly managing the centre through these uncertain and challenging times.

Income overall has stayed consistent increasing from £1,030,166 to £1,036,403 with the fitness suite generating 83% of the fund raising income. This continues to be commercially driven and provides income to support community focused initiatives.

Donations and income from charitable activities has decreased from the previous period from £254,791 to £170,335. A grant from Clitheroe Town Council was received in the year of £12,500 (2024 - £12,500). This demonstrates that maintaining income at the same level as 2024 is a significant achievement.

Total resources expended has decreased from £977,882 to £945,403.

FINANCIAL REVIEW

Principal funding sources

The main sources of income were from the supply of commercial and non-commercial fitness activities. Grant funding was accessed through the 'HAF' programme and partnering initiatives, as well as the Ribble Valley Health and Wellbeing Partnership.

These sources of income enable the centre to operate effectively and to ensure that the centre is maintained to continue providing facilities to further its objectives.

Reserves policy

The Trustees have examined the charity's requirements for reserves by considering the main risks to the organisation. The Trustees are working towards a position whereby the cash and bank balances held by the charity should be two to three months of the annual expenditure of the charity.

The total reserves at the year end are £512,091. The unrestricted funds at the year end are £213,934, and is used for general fund raising activities, and running costs of the centre. The restricted funds at the year end are £298,157, and is used for activities in relation to the restricted income.

Page 3

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Report of the Trustees for the Year Ended 30 September 2025

FINANCIAL REVIEW

Going concern

The trustees consider that there are no material uncertainties about the charities' ability to continue as a going concern.

The board considers the current economic climate as the main challenge and are working with the Centre Manager on how the charity can support the local community whilst being fully operational.

The board are hopeful that in the forthcoming year the charity will continue to build reserves to work towards the target bank balances.

However, the charity has some serious concerns regarding ongoing maintenance issues that may affect the operation of the centre. These include the sports hall heating system and a section of the roof, which as detailed below will require significant outlay.

FUTURE PLANS

The board anticipates a modest surplus from planned operations in the current year.

Management has significant concerns about utilising reserves to fund these works given the current financial climate.

The charity must also consider that funding for the Let Live Life programme (£36,000) is due to end in September 2026. The manager is currently working alongside other trusts across East Lancashire to explore options for long-term sustainability.

Additionally, proposed changes to borough boundaries, in line with government policy, may impact the running and governance of the charity. A decision is expected in June 2026, with implementation anticipated in 2028.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

The Company has a Board of Trustees/Directors comprising of individual members of the Charity plus the prescribed nominees in accordance with the provisions of its Articles.

Membership of the Board comprises elected individual members together with the following nominated members:

Organisational structure

The company is managed by its board of trustees/directors, consisting of not less than 2 members or more than 19. The board meets 4 times a year.

Page 4

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Report of the Trustees for the Year Ended 30 September 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT Decision making

The board of trustees/directors are responsible for the strategic decision making and work with the centre manager to monitor its progression of the strategic plan. The responsibility for the day to day operations and general running of the charity is that of the centre manager.

Induction and training of new trustees

As part of their induction programme new trustees are made aware of their responsibilities outlined in the statement of trustees' responsibilities. This induction includes an introduction to the objectives, scope and policies of Ribble Valley Sports and Recreation, presentation of the Memorandum and Articles of Association and referral to Charity Commission information on trustee responsibilities.

Key management remuneration

The board of trustees/directors are responsible for setting the remuneration package for the key management personnel.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 04212946 (England and Wales)

Registered Charity number 1090921

Registered office

Edisford Road Clitheroe Lancashire BB7 3LA

Trustees

M E Sutcliffe (resigned 24.9.25) H Douglas (resigned 4.2.26) A G Gornall T Marklew I Brown S M O'Rourke M Graveston (resigned 24.9.25) D L O'Rourke (appointed 24.9.25)

Company Secretary

T Marklew

Auditors

Bennett Kirkhope Smith Ltd Chartered Certified Accountants and Statutory Auditors Suites 5 & 6 The Printworks Hey Road Barrow Clitheroe Lancashire BB7 9WB

Page 5

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Report of the Trustees for the Year Ended 30 September 2025

REFERENCE AND ADMINISTRATIVE DETAILS

Bankers

National Westminster Bank plc York Street Clitheroe Lancashire BB7 2DN

Solicitors

Woodcocks West View Princess Street Haslingden Rossendale Lancashire BB4 6NW

Centre manager

David Potts, the centre manager, is responsible for the day to day management of the charity.

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Ribble Valley Sports and Recreation for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

Page 6

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Report of the Trustees for the Year Ended 30 September 2025

STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued

The trustees are required to prepare accounts for each financial year which give a true and fair view of the state of affairs of the company as at the end of the financial year and of the surplus or deficit of the company for that year. In preparing those accounts the trustees are required to:-

a) select suitable accounting policies and then apply them consistently,

b) make judgements and estimates that are reasonable and prudent,

c) follow applicable accounting standards, subject to any material departures disclosed and explained in the accounts; and

d) prepare the financial statements on the going concern basis unless it is inappropriate to presume that this basis applies. The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with all relevant legislation. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

AUDITORS

The auditors, Bennett Kirkhope Smith Ltd, will be proposed for re-appointment at the forthcoming Annual General Meeting.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 20 May 2026 and signed on its behalf by:

T Marklew - Trustee

Page 7

Report of the Independent Auditors to the Members of Ribble Valley Sports and Recreation

Opinion

We have audited the financial statements of Ribble Valley Sports and Recreation (the 'charitable company') for the year ended 30 September 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

accordance with International Standards on Auditing under those standards are further the financial statements section of our report. We with the ethical requirements that are relevant to our the FRC's Ethical Standard, and we have with these requirements. We believe that the audit we have concluded that the trustees' use of the performed, we have not identified any material uncertainties collectively, may cast significant doubt on the charitable a period of at least twelve months from when the responsibilities of the trustees with respect to going concern for the other information. The other information other than the financial statements and our Report of the statements does not cover the other information and,

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Page 8

Report of the Independent Auditors to the Members of Ribble Valley Sports and Recreation

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Page 9

Report of the Independent Auditors to the Members of Ribble Valley Sports and Recreation

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

applicable to the company through discussions and regulations which we considered may have a direct of the company, including the Companies Act compliance with the laws and regulations identified were communicated within the audit team regularly of the company's financial statements to material as to where they considered there was in place to mitigate risks of fraud and and assumptions made in determining the

-we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation and data protection, anti-bribery, employment and health and safety legislation;

-we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and

-identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by;

-making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and -considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

-performed analytical procedures to identify any unusual or unexpected relationships; -tested journal entries to identify unusual transactions;

-assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and

-investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

-agreeing financial statements disclosures to underlying supporting documentation;

-reading the minutes of meetings of those charged with governance;

-enquiring of management as to actual and potential litigation and claims.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Page 10

Report of the Independent Auditors to the Members of Ribble Valley Sports and Recreation

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Alice Mary Smith (Senior Statutory Auditor) for and on behalf of Bennett Kirkhope Smith Ltd Chartered Certified Accountants and Statutory Auditors Suites 5 & 6 The Printworks Hey Road Barrow Clitheroe Lancashire BB7 9WB

Date: .............................................

Page 11

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 30 September 2025

D
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
Charitable activities
6
Recreation and leisure
Activities to generate funds
4
Investment income
5
Total
EXPENDITURE ON
Raising funds
7
Charitable activities
8
Recreation and leisure
Total
NET INCOME
Transfers between funds
22
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 RA
Unrestricted
fund
£
12,500
36,066
865,233
835
914,634
386,558
443,496
830,054
84,580
62,024
146,604
67,331
213,935		 FT
Restricted
funds
£
-
121,769
-
-
121,769
66,415
48,934
115,349
6,420
(62,024)
(55,604)
353,760
298,156		 30.9.25
Total
funds
£
12,500
157,835
865,233
835
1,036,403
452,973
492,430
945,403
91,000
-
91,000
421,091
512,091		 30.9.24
Total
funds
£
41,000
213,791
774,235
1,140
1,030,166
443,747
534,135
977,882
52,284
-
52,284
368,807
421,091

The notes form part of these financial statements

Page 12

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Balance Sheet 30 September 2025

DRAFT
30.9.25
Unrestricted
Restricted
Total
fund
funds
funds
Notes
£
£
£
FIXED ASSETS
Tangible assets
15
527,155
272,370
799,525
CURRENT ASSETS
Stocks
16
1,045
-
1,045
Debtors
17
54,322
-
54,322
Cash at bank and in hand
71,557
25,787
97,344
126,924
25,787
152,711
CREDITORS
Amounts falling due within one year
18
(181,231)
-
(181,231)
NET CURRENT ASSETS
(54,307)
25,787
(28,520)
TOTAL ASSETS LESS CURRENT
LIABILITIES
472,848
298,157
771,005
CREDITORS
Amounts falling due after more than one year
19
(258,914)
-
(258,914)
NET ASSETS
213,934
298,157
512,091
FUNDS
22
Unrestricted funds
213,934
Restricted funds
298,157
TOTAL FUNDS
512,091
These financial statements have been prepared in accordance with the provisions applicable
companies subject to the small companies regime.		 30.9.24
Total
funds
£
842,004
1,127
27,916
60,307
89,350
(197,005)
(107,655)
734,349
(313,258)
421,091
67,331
353,760
421,091
to charitabl

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 20 May 2026 and were signed on its behalf by:

I Brown - Trustee

S M O'Rourke - Trustee

The notes form part of these financial statements

Page 13

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Cash Flow Statement for the Year Ended 30 September 2025

DRA
Notes
Cash flows from operating activities
Cash generated from operations
1
Interest element of finance lease
payments paid
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash used in investing activities
Cash flows from financing activities
Loan repayments in year
Capital repayments in year
Loan written off
Net cash used in financing activities
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end
of the reporting period		 FT
30.9.25
£
96,407
(5,445)
90,962
(1,188)
835
(353)
(33,688)
(19,884)
-
(53,572)
37,037
60,307
97,344		 30.9.24
£
102,699
(5,445)
97,254
(64,244)
1,140
(63,104)
(32,126)
(19,883)
(28,500)
(80,509)
(46,359)
106,666
60,307

The notes form part of these financial statements

Page 14

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Notes to the Cash Flow Statement for the Year Ended 30 September 2025

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
30.9.25 30.9.24
£ £
Net income for the reporting period (as per the Statement of
Financial Activities) 91,000 52,284
Adjustments for:
Depreciation charges 43,666 44,960
Loss on disposal of fixed assets - 505
Interest received (835) (1,140)
Interest element of hire purchase and finance lease rental payments 5,445 5,445
Decrease in stocks 82 205
2. DRAFT
(Increase)/decrease in debtors
(26,406)
Decrease in creditors
(16,545)
Net cash provided by operations
96,407
ANALYSIS OF CHANGES IN NET DEBT
At 1.10.24
Cash flow
£
£
Net cash
Cash at bank and in hand
60,307
37,037
60,307
37,037
Debt
Finance leases
(72,905)
19,884
Debts falling due within 1 year
(33,689)
(771)
Debts falling due after 1 year
(260,236)
34,460
(366,830)
53,573
Total
(306,523)
90,610		 5,766
(5,326)
102,699
At 30.9.25
£
97,344
97,344
(53,021)
(34,460)
(225,776)
(313,257)
(215,913)

The notes form part of these financial statements

Page 15

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Notes to the Financial Statements for the Year Ended 30 September 2025

1. GENERAL INFORMATION

The company is a public benefit entity, registered as a private company limited by guarantee and is incorporated in England and Wales.

The principal place of business and registered office address is:

Roefield Leisure Centre Edisford Road Clitheroe Lancashire BB7 3LA

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and republic of Ireland' and the Companies Act 2006. The financial statements have been prepared in sterling (£) using the historical cost convention.

Going Concern

The trustees consider that there are no material uncertainties about the charities' ability to continue as a going concern.

Although the balance sheet reports net current liabilities of £28,520, creditors due within one year includes £74,740 of gym income in advance which will reverse to the Statement of Financial Activities in 2026. Management therefore consider available working capital to be £46,220.

The board considers the current economic climate as the main challenge and are working with the Centre Manager on how the charity can support the local community whilst being fully operational. The board are hopeful given the future plans detailed in the trustees report that we will see a healthy position in 2026 and acknowledge future maintenance requirements should be addressed.

The trustees therefore continue to adopt the going concern basis in preparing the financial statements.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Total incoming resources is the amount derived from the provision of goods and services, and stated after trade discounts, other sales taxes and net of VAT.

The following specific policies are applied to particular categories of income:

Voluntary income, donations and legacies, is received by way of grants and is included in full in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

Activities for generating funds comprises of income generated from the provision of recreation and leisure facilities and is accounted for when the provision of such goods and services have been made. Some gym income is received as an annual or fixed period membership and is apportioned to the period it relates.

Page 16

continued...

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

2. ACCOUNTING POLICIES - continued

Income

Charitable activities includes income from grants and contracts for services in relation to providing recreation and leisure facilities.

Income from contracts for services is accounted for when invoiced and in line with delivery of the project.

Grants, where entitlement is conditional yet the conditions are within the charity's control and there is sufficient evidence that the conditions can be met, are recognised when the charity becomes entitled to the grant. Grants are treated as restricted funds where the provider has specified how the grant should be utilised.

Investment income is included when receivable.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Allocation and apportionment of costs

It is the opinion of the trustees that all costs are directly attributed towards the cost of running the centre, therefore all support costs have been allocated to this activity.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to leasehold property - 5% on cost and over the term of the lease Plant and machinery - 25% on reducing balance Fixtures and fittings - 33% on reducing balance Gym equipment - Straight line over 5, 10 or 15 years and over the term of the lease The charity operates from land and buildings owned by Ribble Valley Borough Council.

Fixed assets are included at cost and will not be capitalised if the cost is below £100.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Page 17

continued...

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

2. ACCOUNTING POLICIES - continued

Fund accounting

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the Balance Sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is shorter.

3.
4.		 DRAFT
The interest element of these obligations is charged to the Statement of Financial Activities over
relevant period. The capital element of the future payments is treated as a liability.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to
charitable company's pension scheme are charged to the Statement of Financial Activities in
period to which they relate.
Treatment of irrecoverable vat
Irrecoverable input vat is calculated in line with partial exemption rules.
DONATIONS AND LEGACIES
30.9.25
30.9.24
£
£
Donations
-
28,500
Clitheroe Town Council
12,500
12,500
12,500
41,000
ACTIVITIES TO GENERATE FUNDS
30.9.25
30.9.24
£
£
Aerobics
3,460
3,478
Vending machines and cafe income
13,175
11,351
Court hire
114,629
109,365
Climbing wall
-
164
Gym
714,560
628,883
Sauna
2,559
1,482
Other income
287
205
School
16,563
19,307
865,233
774,235

The interest element of these obligations is charged to the Statement of Financial Activities over the relevant period. The capital element of the future payments is treated as a liability.

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

A proportion of income is received as annual or fixed period membership which is apportioned into the period it relates. During the year £74,740 (2024 - £72,089) was deferred to future years.

Page 18

continued...

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

DRAFT
5.
INVESTMENT INCOME
Deposit account interest
6.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Contracts for services
Recreation and leisure
Grants
Recreation and leisure
Grants received, included in the above, are as follows:
Lancashire County Council (HAF and PASTA)
Other
7.
RAISING FUNDS
Activities to generate funds
Staff costs
Activity providers
Vending machine and cafe purchases
Equipment and associated repairs
Other fundraising trading costs
Unrecoverable VAT
Alliance Leisure share		 30.9.25
£
835
30.9.25
£
36,066
121,769
157,835
30.9.25
£
96,800
24,969
121,769
30.9.25
£
235,749
87,882
13,258
40,520
31,058
20,695
23,811
452,973		 30.9.24
£
1,140
30.9.24
£
30,537
183,254
213,791
30.9.24
£
98,254
85,000
183,254
30.9.24
£
232,600
89,230
10,656
22,225
30,947
23,761
34,328
443,747

Page 19

continued...

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

8. CHARITABLE ACTIVITIES COSTS

8. CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 9)
£
Recreation and leisure 492,430
9. SUPPORT COSTS
General Governance
overheads costs Totals
10.
11.
12.		 DRAFT
£
£
Recreation and leisure
480,870
11,560
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
30.9.25
£
Depreciation - owned assets
23,782
Depreciation - assets on hire purchase contracts and finance leases
19,885
Deficit on disposal of fixed assets
-
AUDITORS' REMUNERATION
30.9.25
£
Fees payable to the charity's auditors for the audit of the charity's
financial statements
4,495
Auditors' remuneration for non audit work
7,065
TRUSTEES' REMUNERATION AND BENEFITS
The trustees all give freely their time and expertise without any form of remuneration or
cash or kind (2024 - £nil).		 £
492,430
30.9.24
£
25,075
19,885
504
30.9.24
£
3,500
6,725
other benefit

12. TRUSTEES' REMUNERATION AND BENEFITS The trustees all give freely their time and expertise without any form of remuneration or other benefit in cash or kind (2024 - £nil).

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 September 2025 nor for the year ended 30 September 2024.

Page 20

continued...

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

13. STAFF COSTS

30.9.25 30.9.24 £ £ Wages and salaries 436,068 450,600 Social security costs 30,602 29,919 Other pension costs 8,050 8,284 474,720 488,803 The average monthly number of employees during the year was as follows:

14. DRAFT
30.9.25
30.9.24
Fundraising trading
22
20
Support costs
8
10
30
30
Key management personnel comprise the trustees and centre manager. The total employme
benefits of the key management personnel for the year to September 2025 was £64,583 (2024
£62,582).
No other employees had employee benefits in excess of £60,000 (2024 - £nil).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
fund
funds
funds
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
41,000
-
41,000
Charitable activities
Recreation and leisure
30,537
183,254
213,791
Activities to generate funds
774,235
-
774,235
Investment income
1,140
-
1,140
Total
846,912
183,254
1,030,166		 DRAFT
30.9.25
30.9.24
Fundraising trading
22
20
Support costs
8
10
30
30
Key management personnel comprise the trustees and centre manager. The total employme
benefits of the key management personnel for the year to September 2025 was £64,583 (2024
£62,582).
No other employees had employee benefits in excess of £60,000 (2024 - £nil).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
fund
funds
funds
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
41,000
-
41,000
Charitable activities
Recreation and leisure
30,537
183,254
213,791
Activities to generate funds
774,235
-
774,235
Investment income
1,140
-
1,140
Total
846,912
183,254
1,030,166		 DRAFT
30.9.25
30.9.24
Fundraising trading
22
20
Support costs
8
10
30
30
Key management personnel comprise the trustees and centre manager. The total employme
benefits of the key management personnel for the year to September 2025 was £64,583 (2024
£62,582).
No other employees had employee benefits in excess of £60,000 (2024 - £nil).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
fund
funds
funds
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
41,000
-
41,000
Charitable activities
Recreation and leisure
30,537
183,254
213,791
Activities to generate funds
774,235
-
774,235
Investment income
1,140
-
1,140
Total
846,912
183,254
1,030,166
EXPENDITURE ON
Raising funds
362,958		 80,789 443,747
Charitable activities
Recreation and leisure
479,826		 54,309 534,135
Total
842,784		 135,098 977,882
NET INCOME
4,128		 48,156 52,284
Transfers between funds
5,775		 (5,775) -
Net movement in funds
9,903		 42,381 52,284
RECONCILIATION OF FUNDS
Total funds brought forward
57,429		 311,378 368,807

Key management personnel comprise the trustees and centre manager. The total employment benefits of the key management personnel for the year to September 2025 was £64,583 (2024 - £62,582).

Page 21

continued...

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

DRAFT
Unrestricted
Restricted
fund
funds
£
£
TOTAL FUNDS CARRIED FORWARD
67,332
353,759
15.
TANGIBLE FIXED ASSETS
Improvements
to
Fixtures
leasehold
Plant and
and
Gym
property
machinery
fittings
equipment
£
£
£
£
COST
At 1 October 2024
822,128
168,458
5,663
182,921
Additions
-
-
-
1,188
At 30 September 2025
822,128
168,458
5,663
184,109
DEPRECIATION
At 1 October 2024
103,553
153,221
4,986
75,406
Charge for year
14,246
3,807
223
25,391
At 30 September 2025
117,799
157,028
5,209
100,797
NET BOOK VALUE
At 30 September 2025
704,329
11,430
454
83,312
At 30 September 2024
718,575
15,237
677
107,515
Fixed assets are included at cost. There are no un-capitalised fixed assets.
Fixed assets, included in the above, which are held under finance leases are as follows:		 DRAFT
Unrestricted
Restricted
fund
funds
£
£
TOTAL FUNDS CARRIED FORWARD
67,332
353,759
15.
TANGIBLE FIXED ASSETS
Improvements
to
Fixtures
leasehold
Plant and
and
Gym
property
machinery
fittings
equipment
£
£
£
£
COST
At 1 October 2024
822,128
168,458
5,663
182,921
Additions
-
-
-
1,188
At 30 September 2025
822,128
168,458
5,663
184,109
DEPRECIATION
At 1 October 2024
103,553
153,221
4,986
75,406
Charge for year
14,246
3,807
223
25,391
At 30 September 2025
117,799
157,028
5,209
100,797
NET BOOK VALUE
At 30 September 2025
704,329
11,430
454
83,312
At 30 September 2024
718,575
15,237
677
107,515
Fixed assets are included at cost. There are no un-capitalised fixed assets.
Fixed assets, included in the above, which are held under finance leases are as follows:		 Total
funds
£		 Total
funds
£
421,091
Totals
£
1,179,170
1,188
1,180,358
337,166
43,667
380,833
799,525
842,004
Gym
equipment
COST
At 1 October 2024 and
30 September 2025
DEPRECIATION
At 1 October 2024
Charge for year
At 30 September 2025
NET BOOK VALUE
At 30 September 2025
At 30 September 2024		 £
99,417
26,516
19,885
46,401
53,016
72,901
COST
At 1 October 2024
Additions
At 30 September 2025
DEPRECIATION
At 1 October 2024
Charge for year
At 30 September 2025
NET BOOK VALUE
At 30 September 2025
At 30 September 2024
Fixed assets are includ
Fixed assets, included i		 DRAFT
£
£
£
£
822,128
168,458
5,663
182,921
-
-
-
1,188
822,128
168,458
5,663
184,109
103,553
153,221
4,986
75,406
14,246
3,807
223
25,391
117,799
157,028
5,209
100,797
704,329
11,430
454
83,312
718,575
15,237
677
107,515
ed at cost. There are no un-capitalised fixed assets.
n the above, which are held under finance leases are as follows:		 £
1,179,170
1,188
1,180,358
337,166
43,667
380,833
799,525
842,004
Gym
equipment
£
COST
At 1 October 2024 and
30 September 2025 99,417
DEPRECIATION
At 1 October 2024 26,516
Charge for year 19,885
At 30 September 2025 46,401
NET BOOK VALUE
At 30 September 2025 53,016
At 30 September 2024 72,901

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continued...

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

DRAFT
16.
STOCKS
Stock
17.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Accrued income
Prepayments
18.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 20)
Other loans (see note 20)
Finance leases (see note 21)
Trade creditors
Social security and other taxes
VAT
Accrued expenses
Income in advance
19.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 20)
Other loans (see note 20)
Finance leases (see note 21)
20.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
NatWest Bounce Back loan
NatWest Business Loan
RVBC loan

Page 23

continued...

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

20. LOANS - continued

30.9.25
30.9.24
£
£
Amounts falling between one and two years:
NatWest Bounce Back loan
-
9,640
NatWest Business Loan
11,044
10,147
RVBC loan
15,271
14,673
26,315
34,460
Amounts falling due between two and five years:
DRAFT
NatWest Business Loan
8,889
19,933
RVBC loan
49,651
47,706
58,540
67,639
Amounts falling due in more than five years:
Repayable by instalments:
RVBC loan
140,921
158,137
The loan terms are as follows:
RVBC loan - This loan has an interest rate of 4.036% p/a and is payable monthly. It was due to be p
twice a year but was later negotiated to be paid monthly.
Due to the pandemic, an 18 mo
repayment holiday was agreed with RVBC but this ended in October 2021 and monthly repayme
have been made since..
This loan is now due to be repaid by 30 September 2037 (previously March 2036).
NatWest Bounce Back Loan - This loan has an interest rate of 2.5% p/a and is payable monthly.
The loan is guaranteed from the UK Government under the Bounce Back Loan Scheme, and is due
be repaid by August 2026.
NatWest Small Business Loan - This loan has an interest rate of 8.5% p/a and is payable monthly.
The loan was used to fund part of the investment in the new gym equipment.
All loan repayments due in the year have been met.

RVBC loan - This loan has an interest rate of 4.036% p/a and is payable monthly. It was due to be paid twice a year but was later negotiated to be paid monthly. Due to the pandemic, an 18 month repayment holiday was agreed with RVBC but this ended in October 2021 and monthly repayments have been made since..

This loan is now due to be repaid by 30 September 2037 (previously March 2036). NatWest Bounce Back Loan - This loan has an interest rate of 2.5% p/a and is payable monthly. The loan is guaranteed from the UK Government under the Bounce Back Loan Scheme, and is due to be repaid by August 2026. NatWest Small Business Loan - This loan has an interest rate of 8.5% p/a and is payable monthly. The loan was used to fund part of the investment in the new gym equipment. All loan repayments due in the year have been met.

Page 24

continued...

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

21. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Finance leases 30.9.25 30.9.24 £ £ Gross obligations repayable: Within one year 25,328 25,328 Between one and five years 42,213 67,541 67,541 92,869 Finance charges repayable: Within one year 5,445 5,445 Between one and five years 9,075 14,519 14,520 19,964 Net obligations repayable: Within one year 19,883 19,883 Between one and five years 33,138 53,022 53,021 72,905 Non-cancellable operating leases 30.9.25 30.9.24 £ £ Within one year 3,426 3,426 Between one and five years 6,201 9,627 9,627 13,053

Page 25

continued...

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

22. MOVEMENT IN FUNDS

DRAFT
Net
At
movement
1.10.24
in funds
£
£
Unrestricted funds
General fund
67,331
84,579
Restricted funds
2015 Refurbishment
214,993
(3,334)
2018 Facility improvements
62,526
(1,815)
Holiday Activities & Food Programme
(HAF)
17,182
2,968
Play and Skills at Teatime Activities
Programme (PASTA)
757
5,776
Creation of a new spinning room
58,302
(1,823)
Parkinson's UK physical activity grant
-
2,925
Sport England - Physical activity for
people with Parkinson's
-
1,724
353,760
6,421
TOTAL FUNDS
421,091
91,000
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
914,634
Restricted funds
2015 Refurbishment
-
2018 Facility improvements
-
Holiday Activities & Food Programme
(HAF)
96,800
Play and Skills at Teatime Activities
Programme (PASTA)
14,850
Creation of a new spinning room
-
Parkinson's UK physical activity grant
2,925
Sport England - Physical activity for
people with Parkinson's
7,194
121,769
TOTAL FUNDS
1,036,403		 DRAFT
Net
At
movement
1.10.24
in funds
£
£
Unrestricted funds
General fund
67,331
84,579
Restricted funds
2015 Refurbishment
214,993
(3,334)
2018 Facility improvements
62,526
(1,815)
Holiday Activities & Food Programme
(HAF)
17,182
2,968
Play and Skills at Teatime Activities
Programme (PASTA)
757
5,776
Creation of a new spinning room
58,302
(1,823)
Parkinson's UK physical activity grant
-
2,925
Sport England - Physical activity for
people with Parkinson's
-
1,724
353,760
6,421
TOTAL FUNDS
421,091
91,000
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
914,634
Restricted funds
2015 Refurbishment
-
2018 Facility improvements
-
Holiday Activities & Food Programme
(HAF)
96,800
Play and Skills at Teatime Activities
Programme (PASTA)
14,850
Creation of a new spinning room
-
Parkinson's UK physical activity grant
2,925
Sport England - Physical activity for
people with Parkinson's
7,194
121,769
TOTAL FUNDS
1,036,403		 Transfers
between
funds
£
62,024
-
-
622
(1,518)
(56,479)
(2,925)
(1,724)
(62,024)
-
Resources
expended
£
(830,055)
(3,334)
(1,815)
(93,832)
(9,074)
(1,823)
-
(5,470)
(115,348)
(945,403)		 At
30.9.25
£
213,934
211,659
60,711
20,772
5,015
-
-
-
298,157
512,091
Movement
in funds
£
84,579
(3,334)
(1,815)
2,968
5,776
(1,823)
2,925
1,724
6,421
91,000

Page 26

continued...

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

22. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

DRAFT
Net
At
movement
1.10.23
in funds
£
£
Unrestricted funds
General fund
57,429
4,127
Restricted funds
2015 Refurbishment
218,328
(3,335)
2018 Facility improvements
64,340
(1,814)
Holiday Activities & Food Programme
(HAF)
16,041
(314)
Play and Skills at Teatime Activities
Programme (PASTA)
4,787
(4,682)
Purchase of electric bikes
7,882
-
Creation of a new spinning room
-
58,302
311,378
48,157
TOTAL FUNDS
368,807
52,284
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
846,912
Restricted funds
2015 Refurbishment
-
2018 Facility improvements
-
Holiday Activities & Food Programme
(HAF)
98,254
Play and Skills at Teatime Activities
Programme (PASTA)
5,000
Creation of a new spinning room
80,000
183,254
TOTAL FUNDS
1,030,166		 DRAFT
Net
At
movement
1.10.23
in funds
£
£
Unrestricted funds
General fund
57,429
4,127
Restricted funds
2015 Refurbishment
218,328
(3,335)
2018 Facility improvements
64,340
(1,814)
Holiday Activities & Food Programme
(HAF)
16,041
(314)
Play and Skills at Teatime Activities
Programme (PASTA)
4,787
(4,682)
Purchase of electric bikes
7,882
-
Creation of a new spinning room
-
58,302
311,378
48,157
TOTAL FUNDS
368,807
52,284
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
846,912
Restricted funds
2015 Refurbishment
-
2018 Facility improvements
-
Holiday Activities & Food Programme
(HAF)
98,254
Play and Skills at Teatime Activities
Programme (PASTA)
5,000
Creation of a new spinning room
80,000
183,254
TOTAL FUNDS
1,030,166		 Transfers
between
funds
£
5,775
-
-
1,455
652
(7,882)
-
(5,775)
-
Resources
expended
£
(842,785)
(3,335)
(1,814)
(98,568)
(9,682)
(21,698)
(135,097)
(977,882)		 At
30.9.24
£
67,331
214,993
62,526
17,182
757
-
58,302
353,760
421,091
Movement
in funds
£
4,127
(3,335)
(1,814)
(314)
(4,682)
58,302
48,157
52,284

Page 27

continued...

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

22. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net Transfers
At movement between At
1.10.23 in funds funds 30.9.25
£ £ £ £
Unrestricted funds
General fund 57,429 88,706 67,799 213,934
DRAFT
Restricted funds
2015 Refurbishment
218,328
(6,669)
-
2018 Facility improvements
64,340
(3,629)
-
Holiday Activities & Food Programme
(HAF)
16,041
2,654
2,077
Play and Skills at Teatime Activities
Programme (PASTA)
4,787
1,094
(866)
Purchase of electric bikes
7,882
-
(7,882)
Creation of a new spinning room
-
56,479
(56,479)
Parkinson's UK physical activity grant
-
2,925
(2,925)
Sport England - Physical activity for
people with Parkinson's
-
1,724
(1,724)
311,378
54,578
(67,799)
TOTAL FUNDS
368,807
143,284
-
A current year 12 months and prior year 12 months combined net movement in funds,
above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
1,761,546
(1,672,840)
Restricted funds		 211,659
60,711
20,772
5,015
-
-
-
-
298,157
512,091
included in t
Movement
in funds
£
88,706
2015 Refurbishment - (6,669) (6,669)
2018 Facility improvements - (3,629) (3,629)
Holiday Activities & Food Programme
(HAF) 195,054 (192,400) 2,654
Play and Skills at Teatime Activities
Programme (PASTA) 19,850 (18,756) 1,094
Creation of a new spinning room 80,000 (23,521) 56,479
Parkinson's UK physical activity grant 2,925 - 2,925
Sport England - Physical activity for
people with Parkinson's 7,194 (5,470) 1,724
305,023 (250,445) 54,578
TOTAL FUNDS 2,066,569 (1,923,285) 143,284

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Restricted funds comprises of the following:

Page 28

continued...

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

22. MOVEMENT IN FUNDS - continued

Refurbishment: This grant was received for the refurbishment of the centre. It remains a restricted fund as per the grant agreement. The funds have been spent in full on fixed assets and the balance of £211,659 will be written off over the useful economic life of the asset concerned.

Facility improvement: This grant was received for centre improvements. It remains a restricted fund as per the grant agreement. The funds have been spent in full on fixed assets and the balance of £60,711 will be written off over the useful economic life of the asset concerned.

Holiday activities and food programme (HAF): This grant was received to facilitate the provision of school holiday activities and food programme for school aged children, for the year to 31 March 2026. This grant is restricted per the agreement and the grant period will cease after the 2025 Christmas school holiday. The balance of £20,772 in restricted funds has been used after the year end to fund the provision of activities and food during the 2025 Christmas school holiday.

per the agreement and the grant period will cease after of £20,772 in restricted funds has been used after activities (PASTA): This grant was received to facilitate per the agreement and the grant period will cease on funds has been used after the year end to fund room: This grant was received from Ribble Valley Fund for the creation of a new spinning room. The Programme (HAF) - This transfer relates to the Activities Programme (PASTA) - This transfer covers room - This was treated as a restricted grant but as activity grant - This has been treated as a transfer

Play and skills at teatime activities (PASTA): This grant was received to facilitate the provision of after school activities to children aged 5 to 8.

This grant is restricted per the agreement and the grant period will cease on 31 March 2026. The balance of £5,015 in restricted funds has been used after the year end to fund the provision of these activites up to the cessation of the agreement.

Creation of a new spinning room: This grant was received from Ribble Valley Borough Council as part of the UK Shared Prosperity Fund for the creation of a new spinning room. The grant period ended on 31 March 2025 and has been transferred to general funds.

Transfers between funds

Holiday Activities & Food Programme (HAF) - This transfer relates to the overspend on the grant to 31 March 2025, which has been funded from unrestricted funds.

Play and Skills at Teatime Activities Programme (PASTA) - This transfer covers venue hire and staff costs with no specific split. Creation of a new spinning room - This was treated as a restricted grant but as the grant period ended on 31 March 2025, the asset has been transferred to general funds.

Parkinson's UK physical activity grant - This has been treated as a transfer between funds as the grant money received covers venue hire and staff costs with no specific split.

Sport England - Physical activity grant for people with Parkinson's - This relates to the underspend on the grant which has been used to fund future discounted sessions.

23. EMPLOYEE BENEFIT OBLIGATIONS

At the year end £2,379 of pension contributions was due to be paid over to the pension provider (2024 - £2,518).

Page 29

continued...

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

24. RELATED PARTY DISCLOSURES

During the year the trustees paid the charity for gym and sessional membership at market value, and there were no amounts outstanding at the year end.

25. ULTIMATE CONTROLLING PARTY

The charity is controlled by members of the board. No member is entitled to more than one vote.

Page 30

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Detailed Statement of Financial Activities for the Year Ended 30 September 2025

DRAFT
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Clitheroe Town Council
Activities to generate funds
Aerobics
Vending machines and cafe income
Court hire
Climbing wall
Gym
Sauna
Other income
School
Investment income
Deposit account interest
Charitable activities
Contracts for services
Grants
Total incoming resources
EXPENDITURE
Activities to generate funds
Wages
Social security
Activity providers
Vending machine and cafe purchases
Equipment and associated repairs
Other fundraising trading costs
Unrecoverable VAT
Alliance Leisure share
Support costs
General overheads
Wages
Carried forward		 30.9.25
£
-
12,500
12,500
3,460
13,175
114,629
-
714,560
2,559
287
16,563
865,233
835
36,066
121,769
157,835
1,036,403
221,895
13,854
87,882
13,258
40,520
31,058
20,695
23,811
452,973
214,173
214,173		 30.9.24
£
28,500
12,500
41,000
3,478
11,351
109,365
164
628,883
1,482
205
19,307
774,235
1,140
30,537
183,254
213,791
1,030,166
219,213
13,387
89,230
10,656
22,225
30,947
23,761
34,328
443,747
231,387
231,387

This page does not form part of the statutory financial statements

Page 31

Ribble Valley Sports and Recreation Trading as Roefield Leisure

Detailed Statement of Financial Activities for the Year Ended 30 September 2025

DRAFT
General overheads
Brought forward
Social security
Pensions
Premises costs
Telephone
Postage and stationery
Advertising
Sundries
General maintenance
Training
Legal and professional fees
Bank charges
Loan interest
Computer costs
Improvements to leasehold property
depreciation
Plant and machinery depreciation
Fixtures and fittings depreciation
Gym equipment depreciation
(Profit)/loss on sale of tangible fixed assets
Leasing interest
Governance costs
Auditors' remuneration
Auditors' remuneration for non audit work
Total resources expended
Net income		 30.9.25
£
214,173
16,748
8,050
77,681
1,949
6,832
8,278
11,523
30,786
10,932
14,838
3,214
12,274
14,481
14,245
3,807
223
25,391
-
5,445
480,870
4,495
7,065
11,560
945,403
91,000		 30.9.24
£
231,387
16,532
8,284
71,070
2,011
6,290
13,912
15,133
43,449
16,064
18,843
3,060
13,837
13,131
12,710
5,195
414
26,639
504
5,445
523,910
3,500
6,725
10,225
977,882
52,284

This page does not form part of the statutory financial statements

Page 32