REGISTERED COMPANY NUMBER: 03160288 (England and Wales) REGISTERED CHARITY NUM8ER: 1094579 Report of th• Trustees and Unaudited Consolldated Financial Statements for the Y•ar Ended 31 March 202S for Solihull Indoor Bowls Club Llmited AEHTQTX7 2011212025 COMPANIES HOUSE A10
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Locke Williams Associates LLP Chartered Accountants Studio 2 50-54 St Pauls Square Birmingham West Midlands B31QS
Solihull Indoor Bowls Club Llmited Contents of the Flnancial Statements for the Year Ended 31 March 2025 Page Report of the Trustee8 Independent Examlner's Report Consolldated Stat•m•nt of Flnancial Activities Balance Sheets Consolldat•d Cash Flow Statement Not•8 to the Consolldatad Cash Flow Stat•m•nt Notes to th• Financial Statements 10 to 20
Solihull Indoor Bowls Club Limited Report of the Trustees for the Year Ended 31 March 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 31 March 2025. The trustees have adopted the provisions of Accounling and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing Iheir accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and activltles The charitable object of the charity is the promotion of community participation in healthy recreation by the provision of facilities for playing bowls. Significant activities The principal activity of bowling is subslantially carried out by the company, which is the charity and. which is herein after referred lo as Ihe company. The facilities are provided by the wholly owned subsidiary companies. SIBC Propety Company Limited and SIBC Trading Limited. These companies are not themselves charities and trading activities are required to be maintained independently of the company as far as the structure allows. Nevertheless, as wholly owned subsldiaries thelr assets and profits are held in support of the purposes of the company, likewise the subsidiaries are fully supported by the charity during any loss-making period should they arise. The propety company owns the group's fixed assels and lets them out to the trading company. The trading company operates the facility, licenses it to the company and carries on the bar, catering and social activities and hires out the functlon room. The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. ACHIEVEMENTS AND PERFORMANCE Achlevements and performance The mernbership renewals for 202412025 as follows., Full members - 368 (330 in 2023-24) Soclal members - 65 (49 in 2023-24) This increase equates to a growth in membership of 140/ts compared to the previous year. It is anticipated that in 2024-25 we will see a similar growth pattern. Through a vigorous marketing campaign and focus on the running of new leagues we have seen 8 significant increase in green fees with grow1h year on year just under 20 /0 202312024 green fees £71,612 202412025 green fees £85,210 Income from other trading activities which includes bar sales, room hire and sub-letting activities amounted to £250,666 (£217,402 in 2023-2024) this represents an increase year on year of over 15 % Expenditure for the year increased year on year to £468.752 (£356.161 in 2023-24). This is a direct result of the improvements made to the bowling area with new suspended ceiling and LED lighting. Alongside the Increases 10 staff costs due to the mandatory minimum wages increase and the re-grouping of the 3 companies to recover mor8 capital VAT expenditure. The overall trading result for the period 2024-25 was a profit of £35.397. As a result of the above activities the Trustees are able to report that the results from the consolidated accounts demonstrate an unrestricted profit of £35,397. The impact of which increases unrestricted reserves from £83,279 in 2023-24 to £133,617 al the end of 2024-25. Page 1
Solihull Indoor Bowls Club Limited Report of the Trustees for the Year Ended 31 March 2025 FINANCIAL REVIEW Financial Roviow The key financials for the financial perlod 2024125 are summarised below. In terms of income for the year you will see that for comparative purposes we have included the performance for the 2023124 fisca1 year. Income for the year across Ihe charity and ils trading subsidiaries amounted to £504.149 (£323,504 for 2023124), this represents an increase year on year of 560/0. Reserves policy 11 is the policy of the charlly that unrestrlcted funds of £133,617 at 31 March 2025 whlch have not been designaled for a specific use should be maintained at a level equivalent to beeen six and twelve month's expenditure. The Trustees consider that resen4es at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised, This level of reserves has dropped during the year and the club are actively seeking ways to restore the reserves to operating level. FUTURE PLANS The Board are actively seeking granl funds that can help maintain and Improve the current facilities at the club. With the help of Solihull Council. Key Fund, Heart of England, Sport England and the National Lottery the last 12 months have made a real difference to the whole venue. SIBC is now one of the premier bowling venues n the UK and we look to build on this reputation. With the new ceiling being well insulated we are looking into better ways to heat the club, as well as trying to minimise the costs. The board are currently looking into more energy efficient ways to do Ihis such as Air- Source technology. The membership of the club continues to grow. and this is a key factor in the clubs continued success. With the help of Sport England and the National Lottery we have be able to offer free sessions to members of the community as as way of staying actlve and helping people who suffer with social isolation. This area of the clubs offerings is one that has really gain8d momentum over the last 12 months, and hopefully this will continue to grow wilh the help of our volunteering members, coaches and grant support. The club Is now also a part of the local community, offering our spaces to a varlety of groups such as, Parkinson's UK - Solihull branch, Solihull memory Cafe, Women's Institute, various U3A groups, 2 local rambling groups, pre-school sessions and more. We have really felt the benefil of opening our doors to the wider community. and to see so many people enjoying the groups and facilities it makes the hard work worthwhile. The club are actively seeking new ways to get people active, combat social Isolation and lo help with carers and families by offering free bowling sessions and refreshments. We hope to build on this in the future by utilising our kilchen area to provide meals and a warm space for people in the community lo attend regularly and to grow the communily spirit at the club. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limiled company, limited by guarantee, as defined by the Companies Act 2006. The charity is controlled by its governing document, its Memorandum and Articles incorporated 1510211996., as amended by special resolution(s) dated 2611012002 and 1311012012. Charity constitution The charity is a company limited by guarantee. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 03160288 (England and Wales) Reglstered Charity number 1094579 Page 2
Sollhull Indoor Bowls Club Limited Report of the Trustees for th• Year Ended 31 March 2025 Registered office Brick Kiln Lane Hillfield Solihull West Midlands B91 3LE Trustees PRRees J Pepall S C Goodchild D Weaver M Priddey All Trustees are members of Solihull Indoor Bowls Club Limited. None of the members of Ihe charily has any beneficial interest in the company. All of the members of the charity are members of the company and guarantee to contrlbute £1 In the evenl of a winding up. Independent Examlner Locke Williams Associates LLP Chartered Accountants Studio 2 50-54 St Pauls Square Birmingham West Midlands B3 1QS This report has been prepared in accordance wilh the special provisions of Part 15 of the Companies Act 2006 relating to small companies, Approved by order of the board of trustees on 16 December 2025 and signed on its behalf by.. P R Rees - Trustee Page 3
Independent Examiner's Report to the Trustees of Solihull Indoor Bowls Club Llmlted (Registered number: 03160288 Independent examinerfs report to the trustees of Sollhull Indoor Bowls Club Limlted I'the Company.) I report to the charity trustees on my examination of the accounts of the Company for the year ended -31 March 2025. Responsibilitles and basis of report As the charity's trustees of the Company {and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 1.the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5> (bl of the 2011 Act. Independent examlnerfs statement Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respeci of the Company as required by Section 386 of the 2006 Act., or the accounts do not accord with those records- or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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., or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Praclice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)). 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 understsnding of the accounts to be reached. David Williams FCA FCCA Locke Williams Associates LLP Chartered Accountants Studio 2 50-54 St Pauls Square Birmingham West Midlands B3 1QS Date.. 18 December 2025 Page 4
Solihull Indoor Bowls Club Limited Consolidated Statement of Financial Activities {Incorporating an Income and Expendlture Account) for the Year Ended 31 March 2025 31.3.25 Total funds 31.3.24 Total funds Unrestricted funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 9,862 139,079 148.941 6,890 Charltablo actlvltieg Charitable activities Green fees and hire of bowls equipment Joining fees and subscriptions 260 72,006 32,267 260 72,006 32,267 940 71,612 26,552 Other trading activities Investment income 250,666 250,666 217,402 108 Total 365 070 139,079 504,149 323,504 EXPENDITURE ON Other trading activities 314,874 14.941 329,815 261,050 Charltable actlvltle8 Charitable activities 99,511 138 937 95,111 Total 414 385 54,367 468.752 356,161 NET INCOMEI{EXPENDITURE) Transfors between funds (49,315) 84,712 99 653) 35,397 (32,657) 21 Net movement in funds 50,338 (14,941) 35,397 (32,657) RECONCILIATION OF FUNDS Total funds brought forward 83,279 281,895 365,174 397,831 TOTAL FUNDS CARRIED FORWARD 133,617 266,954 400 $71 365,174 CONTINUING OPERATIONS All Income and expenditure has arisen from continuing actlvlties. A separate Statement of Financial Activities and Income and Expenditure Account for the charity has not been presented because Ihe Trust has taken advantage of the exemption afforded by section 408 of the Companies Act 2006. The notes form part of these financial statements Page 5
Solihull Indoor 8owls Club Limitad (Registered number: 031602881 Balancè Sheets 31 March 2025 Group 31.3.24 Charity 31.3.25 31.3.25 31.3.24 Notes FIXED ASSETS Tangible assets Investments 13 14 433,280 338,658 113,373 9004 433,280 338.658 122,377 9.004 CURRENT ASSETS Stocks Debtors Cash at bank and in hand 15 16 7,667 16,273 43,585 8,301 10,118 45,184 234.510 8.532 175.494 19,022 67,525 63,603 243,042 194,516 CREDITORS Amounts falling due within one year {60.752) (37,087) (31.859) (20,689) NET CURRENT ASSETS 6,773 26,516 211 183 173827 TOTAL ASSETS LESS CURRENT LIABILITIES 440,053 365.174 333,560 182,831 CREDITORS Amounls falling due after more than one year 18 (39,482) (39,482) (20,689) NET ASSETS 400 571 365,174 294 078 182,831 FUNDS Unrestricted funds Restricted lund8 18 18 133,617 266 954 83,279 281 895 288,222 5,858 176,975 TOTAL FUNDS 400 571 365,174 294,078 182 831 The charitable company is entitled to exemption from audit under Sedion 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance wilh Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply wlth Sections 386 and 387 of the Companies Act 2006 anol preparing financial stalernents which give a Irue and fair view of the State of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. (b) The notes form part of these financial statements Page 6
Solihull Indoor Bowls Club Llmited (Registered number: 03160288) Balance Sheet - continued 31 March 2025 -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 16 December 2025 and were signed on its behalf by.. The notes form part of these financial statements Page 7
Solihull Indoor Bowls Club Limited Consolidated Cash Flow Statement for the Year Ended 31 March 2025 31.3.25 31.3.24 Notes Cash flows from operating actlvities Cash generated from operations Interest paid 80.124 (22,310} Net cash provided by/(used In) operating activities 22 310) Cash flows from investing activities Purchase of tangible fixed assets Sale of tangible fixed assets Interest received (126,029) 1,020 (1,230) 803 108 Net cash used in Investing activities 125 000) Cash flows from financing actlviti•s New loans in year Loan repayments in year 49,225 Net cash provided by financing activities Change in cash and cash equivalents In the reporting perlod cash.and cash equlvalent8 at the beglnning of the reportlng poriod (1.599) (22,629) 45.184 67,813 Cash and cash equivalants at the ond of tho reportlng perlod Page 8
Sollhull Indoor Bowls Club Llmited Notes to the Cash Flow Statement for th• Year Ended 31 March 2025 ' RECONCILIATION OF NET INCOMEI(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.3.25 31.3.24 Net in¢omel{expenditur¢) for th• reporting period (as per th• Statement of Financial Adiviti•s) Adjustment8 for: Depreciation charges Interest received Interest paid Decreasel(increase) in stocks (Increase)Idecrease in debtors Increasel(decrease) in creditors 35.397 (32,657) 30.387 (9) 2,359 634 (6.155) 17,511 20,852 (108) (4,371) 407 Net cash provlded byl(u$ed In) operations 22,310) ANALYSIS OF CHANGES IN NET FUNDSI(DEBT At 1.4.24 Cash flow At 31.3.25 Net cash Cash at bank and in hand 45,184 43,585 Debt Debts falling due within 1 year Debts falling due after 1 year (6,153) 39 482) (6,153) 39 482) 45 635) 45,635) Total 47,234) Page 9
Solihull Indoor Bowls Club Limited Notes to the Flnanclal Statements for the Year Ended 31 March 2025 ACCOUNTING POLICIES Basis of preparing the financlal 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 under the historical cost convention. Group finan¢lal statemonts The financial statements consolidate the results of the charity and its wholly owned subsidiaries drawn up to 31 March each year. The financial statemenls of subsidiaries are prepared for the same reporting year as the parent company, using consistent accounting policies.. Inter-group balances and transactions have been eliminated. A separate Slatement of Financial Actlvltles and Income and Expenditure Account for the charity has not been presented because the Trust has taken advantage of the exemption afforded by section 408 of the Companies Act 2006. 'In consolidatlng, grants received which are accounted for as deferred in the individual subsidiarles. financial statements (and thereby held as a liability) have been restated so as to be recognised as being received in full, in accordance with the group accounting policy for grant income as below. 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. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Grants receivable are recognised in the Statement of financial activities when the conditions of receipt have been met. Expendlture Liabilities are recognised as expenditure as soon as there is a legal orconstructive 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 consistenl wlth the use of resources. Page 10
Solihull Indoor Bowls Club Llmlted Notes to the Financlal Statements - continued for the Year Ended 31 March 2025 ACCOUNTING POLICIES - contlnued Tangible flxed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Long leasehold Furnituré and plant over the unexpired portion of the lease 200/0 on cost and 80/0 on cost Any gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carying value, and is credited or charged to the income statement. Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Taxatlon The charity is registered with the Charlty Commission and under the provisions of Section 478 Corporallon Tax Act 2010, is exempt from liability to taxatlon on ils charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Reslrlcted funds can only be used for particular restrlcted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are ralsed for particular restricted purposes, Further explanation of the nature and purpose of each fund is included in the notes to the financial stalements, D•btors Trade and other debtors are recognlsed at Ihe setllemenl amount due after any Irade dlscount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and In hand Cash at bank and cash in hand includes cash and short terni highly liquid investments with a short maturity of three months or less from the date ofacqulslllon or opening ofthe deposit or similar account. Creditors and provlslons Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third paty and the amounl due to settle Ihe obligation can be measured or estirnaled reliably. Creditors and provisions are normally recognised at their selllem8nt amounl after allowing for any trade discounts due. Pension costs and other post-retirement benefits 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. Going concern At the time of approving the financial statements. the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements. Page11
Solihull Indoor Bowls Club Limlted Notes to the Flnancial Statements - contlnued for the Year Ended 31 March 2025 DONATIONS AND LEGACIES 31.3.25 31.3".24 Donations Grants 9,462 139 479 2,034 4,856 148,941 6,890 Grants received. included in the above, are as follows: 31.3.25 31.3.24 The Rowlands Trust The 8romley Christian Workers Trust ESC Lottery Fund Birmingham Inter Community grant The Key Fund Main grants Birmingham City Council Bowls Development Alliance - Bowl for Health Heart of England 2,856 2,000 8,707 5,000 35,156 14,479 61,837 800 139479 4,856 OTHER TRADING ACTIVITIES 31.3.25 31.3.24 Bar and catering sales Function room hire Green fees elc Rental income Other sundry sales 188,508 17,525 13,204 18,863 168,617 . 13,426 11,234 19,122 5,003 250 666 217,402 INVESTMENT INCOME 31.3.25 31.3.24 Interest receivable 108 INCOME FROM CHARITABLE ACTIVITIES 31.3.25 31.3.24 Green fees and hire of Jolning bowls fees and equipment subscriptions Charitable activities Total activities Total activities Sales within charitable activities 260 72,006 104,533 Page12
Solihull Indoor Bowls Club Limited Notes to the Flnancial Statements - continued for tho Year Ended 31 March 2025 OTHER TRADING ACTIVITIES COSTS Other trading a1VitIeS 31.3.25 31.3.24 Staff costs Other costs 67,033 262 782 51.883 209,167 329.815 261,050 CHARITABLE ACTIVITIES COSTS Direct Costs (see note 8) Charitable activities 138,937 DIRECT COSTS OF CHARITA8LE ACTIVITIES 31.3.25 31.3.24 Staff cosls Rates, water rates and insurance Other Granl expenditure Unrecoverable VAT Depreciation Interest payable and similar charges 68,166 3,746 21,166 25,278 7,920 10,302 2,359 79,165 3,384 12,562 13B,937 95,111 NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is stated after chargingl(crediting)'. 31.3.25 31.3.24 Depreciation - owned assets Independent Examination 30,386 756 20,852 720 10. TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees. expens There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. Page 13
Sollhull Indoor Bowls Club Limited Notes to the Flnancial Statements - continued for the Year Ended 31 March 2025 11. STAFF COSTS 31.3.25 Wages and salaries Other pension costs 133,125 2,074 129,237 135,199 131.048 The average monthly number of employees durlng the year was as follows., 31.3.25 15 31.3.24 19 Staff Directors (non-remunerated) 20 24 No employees received emoluments in excess of £60,000. 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 2,034 4,856 6.890 Charitabl• actlviti08 Charitable activities Green fees and hire of bowls equipment Joining fees and subscriptions 940 71,612 26,552 940 71,612 26,552 Other trading activities Inveslment income 217,402 108 217,402 108 Total 318648 4,856 323 504 EXPENDITURE ON Other trading activitie5 246,109 14,941 261,050 Charltable activltles Charitable activities 95,111 95,111 Total 341,220 14.941 356,161 NET INCOMEI(EXPENDITURE) (22,572) (10.085) (32,657) RECONCILIATION OF FUNDS Total funds brought fop4vard 105,851 291.980 397,831 TOTAL FUNDS CARRIED FORWARD 83,279 281,895 365,174 Page 14
Solihull Indoor Bowls Club Limited Notes to the Flnancial Statements - continued for tho Year Endad 31 MarGh 2025 TANGIBLE FIXED ASSETS- GROUP Kitchen and bar equipment Long leasehold Furniture and plant Office equipment Totals COST At 1 April 2024 Additions Disposals 673,856 59.749 301,586 123,675 35,087 2.354 1,070,278 126,029 At 31 March 2025 673 856 416761 37,441 1187 807 DEPRECIATION At 1 April 2024 Charge for year Eliminated on disposal 366,470 13,477 55,947 1,237 274,929 14,899 34,275 773 731,621 30,386 At 31 March 2025 379,947 57,184 282.348 35,048 754 527 NET BOOK VALUE At 31 March 2025 293,909 134 413 433,280 At 31 March 2024 307,386 3,802 26,657 812 338,657 TANGIBLE FIXED ASSETS - CHARITY Fixtures and fittings COST Additions 123 675 DEPRECIATION Charge for year 10,302 NET BOOK VALUE At 31 March 2025 113373 At 31 March 2024 Page 15
Sollhull Indoor Bowls Club Limlted Notes to the Flnancial Statements - continued for the Year End•d 31 March 2025 FIXED ASSET INVESTMENTS - CHARITY Unllsted investments MARKETVALUE At 1 April 2023 and 31 March 2024 NET BOOK VALUE At 1 April 2023 and 31 March 2024 9,004 At 2025 the company had interests in the following subsidiaries.. Sub8ldlarl08 Type of Proportlon Country of shares held held { /•) Incorporatlon Nature of business SIBC Trading Limited SIBC Property Limited Ordlnary Ordinary 100 % United Kingdom 1000/0 United Kingdom Trading Investment 15. STOCKS- GROUP 31.3.25 31,3.24 Stocks 7.667 8,301 16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Group Charlty 31.3.25 31.3.24 31.3.25 31.3.24 Trade debtors Amounts owed by group und8rtakings Social security and other taxes Other debtors Prepayments and accrued income 431 2,568 210,620 18,845 171,870 7,650 2,836 1,418 10,118 234 510 175,494 17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Group Charity 31.3.25 31.3.24 31.3.25 31.3.24 Other loans (see note 19> Trade creditors Amounts owed to group undertakings Social security and olher taxes Other creditors Accruals and deferred income 6,153 17,371 6,153 3,925 8,040 1,260 4.660 1,992 15,898 19,338 5,430 4,250 19,367 629 9,278 11,874 4,250 10,519 Page 16
Solihull Indoor Bowls Club Limited Notes to the Financlal Statements - continued for the Year Ended 31 March 2025 17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR continued Deferred income included above: Deferred at 1 April Released to income in the year Additionally deferred in the year 8,249 (8,249) 13,625 (13.625) 8,249 Deferred at 31 March 9,984 8,249 Deferred income comprises membership fees, compelltion fees and rental income recelved In advance. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Group Charity 31.3.25 31.3.24 31.3,25 31.3.24 Other Soans (see note 19) 39,482 39,482 39,482 19. LOANS- GROUP AND CHARITY An analysls of the maturity of loans is given below: 31.3.25 31.3.24 Amounts falllng due within one year on demand.. Other loans 6,153 Amounts falling due beeen two and five years.. Other loans Amounts falling due in more than five years: Repayable by instalments.. Other loans 8,716 20. ANALYSIS OF NET ASSETS BETWEEN FUNDS- GROUP 31.3.25 Total funds 31.3.24 Total funds Unrestricted Restricted funds funds Fixed assets Current assets Current liabilities Long term liabilities 175,823 58.028 {60,752) 39.482) 257,457 9,497 433,280 67,525 (60,752) 39,482) 338,658 63,603 (37.087) 133,617 266,954 400,571 365.174 Page 17
Sollhull Indoor Bowls Club Llmlted Notes to the Financial Statements - contlnued for the Year Ended 31 March 2025 21. MOVEMENT IN FUNDS- GROUP Net movement in funds Transfers between funds At 31.3.25 At 1.4.24 Unrestrlcted fund8 General fund Designated fund - carpet replacement Assets 63,279 20,000 (39,013) (4,000) 4.000 99.653 20,266 24,000 89,351 10,3021 83,279 (49,315) 99.653 133.617 Restricted funds Grants HMRC - coronavirus job retention scheme Heart of England The Rowlands Trust Assets fund 276,039 (14,941) 261,098 1,000 2,856 2,000 1,000 2,856 2,000 99.653 99,653) 281,895 84,712 99 653) 266 954 TOTAL FUNDS 365,174 400,571 Net movement in funds, included in the above are as follows: Incomlng resources Resources expended Movement in funds Unrestricted funds General fund Assets 365,070 (404,083) 10,302) 139,013) 10,302) 365,070 {414.385) (49,315) Restricted funds Grants Sport England - Covid-19 Bowls Development Alliance Community fund Energy Audit Grant Lottery fund Assets fund (14,941) (13,500) (400) (14,479) 12,340) (8,707) (14,941) 13,500 400 14,479 2,340 8,707 99,653 99,653 139,079 54,367) 84.712 TOTAL FUNDS 504,149 468,752) Page 18
Solihull Indoor Bowls Club Limited Notes to the Flnanclal Statements - contlnued for tho Year Ended 31 March 2025 21. MOVEMENT IN FUNDS - GROUP - continued Comparativos for movement in funds Net movement in funds Transfers beeen funds At 31.3.24 At 1.4.23 Unrestrlcted funds General fund Carpet replacement 89,851 (22,572) (4,000) 63,279 105,851 (22.572) 83.279 Restricted funds Grants Sport England - Covid-19 The Rowlands Trust The 8romley Christian Workers Trusl 290,980 1,000 (14,941) 276,039 1.000 2.856 2,856 2,000 291,980 10.085 281.895 TOTAL FUNDS 397,831 32,657) 365,174 Comparatlve net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unre8tricted funds General fund 318,648 {341,220) {22,572) Restrlcted funds Grants The Rowlands Trust The Bromley Christian Workers Trust (14,941) (14,941) 2,856 2,856 2,000 4,856 14,941 10,085 TOTAL FUNDS 323,504 356,161) 32,657) Designaled funds comprises of funds which have been set aside at Ihe discretion of the Trustees for specific purposes. This includes designating £4.000 of the unrestricted reserves for the purchase of new carpet in 6 years time from the year ended 31 March 2020. Reslricted funds comprise grants received for the acquisition of fixed assets. which are being depreciated over their individual estimated useful lives. Page 19
Solihull Indoor Bowls Club Limlted Notes to the Financial Statements - continued for the Year Ended 31 March 2025 22. RELATED PARTY DISCLOSURES- CHARITY Information about related party transactions and outstanding balances of the charity is outlined below: Outstandlng balances Incom• Expendlture Entities over which the charily has control, lolnt control or significant influence 3,300 At 31 March 2025 210,620 At 31 March 2024 171,870 The above amounts owed to and from the charity are classified as repayable on demand. Page 20