REGISTERED COMPANY NUMBER: 04386952 (England and Wales) REGISTERED CHARITY NUMBER; 1094637 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR MELTHAM SPORTS AND COMMUNITY GROUP LIMITED
MELTHAM SPORfs AND COMMUNITY GROUP LIMITED CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Report of the Tru5tee5 I to 5 Independent Examlner's Report 6 to 7 Statement of Flnanclal Activities Balance Sheet 9 to 10 Notes to the Financial Statements 11 to 17 Detailed Statement of Flnancial Actlvities 18 to 19
MELTHAM SPORTS AND COMMUNITY GROUP LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The trustees who are also directors of the charity for the purposes of the Companip.s Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provlsion5 of Accountlng and Reporting by Charities.. Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting standard applicable in the Ul< and Republic of Ireland IFRS 1021 leffective l January 20191. OBJEcfivES AND ACTIVITIES Objectlves and aims Meltham Sports and Community Group's objective as stated in the Memorandum and Articles i5,'_ 'to promote the benefit of the inhabitants of Meltham and Neighbourhood without distinction of sex, sexual orientation, race or politica I, religious or other opinions, by associating, together the said inha bitants and the Local Authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure-time occupation with the object of improving the cond itio ns of lif e for the sa id in ha bitar)ts,' e5tabli5h, or secu re the establishm ent of, community facilities I'the centres'l and to maintain and manage the same Iwhether alone or in co.operation with any local authority or other person or body) in furtherance of these objects.. promote such charitable purposes as may from time to time be determlned. The company shall be non-party in politics and non-sectarian in rel iglo n. The principal activity of the cha rity has been to construct a sport5 and community centre on a site acquired on a long lease from the Melth am Cricket and BowlinE Clubs. This was completed in January 2004 at a cost of around £1,2 million, with external works and games areas completed in Aprll 2004. The centre is a multi-purpose building with changlng rooms, sports hall, function room, committee and education space an d storage for a wide ra nge of commu nity and sporting activities. The centre is the home for flve of. the Town's sparts clubs; Mellham Crlcket Club, Meltham Subscripiion Bowl ing Club, Meltham Athletic Cl ub, Meltham Ath letic Football Cluk) and Meltham All Blac1<5 Rugby League Club. Each of the club5 ru ns the ir own affairs a nd ha5 developed their own sports development plan5 that satisfy the needs of their respective associations. A l<ey intention in the design of the new facility was to enable major development plans for all the five clubs. Capital funding for the development projects was received from a number of sources. The largest was a grant of £893,000 from Sport Engla nd which followed f rom a successf ul bid. Th 15 was match funded f rom 8 grant from Meltham Town Council of E60.000; Kirklees Metropolitan Council with two 8rants totalling £92,000 3nd Yorl<shire Forward with a grant of £25,000. The rem3inder of the funds were received from a mix of private donatlons, company sponsorships and general fundraising in the community, and tolalled excess of £50,000, Since Completing the construction worl<s the main activity of ihe charity has been the management and maintenance of the facilityfor the benefit of the community, Page I
MELTHAM SPORTS AND COMMUNITY GROUP LIMITEP REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 OBJECTIVES AND ACTIVITIES Signlficant activltles Thls has been a challenging year in that income through the bar has been much less wlth our Communitv similarly affected by the cost of living crisi5 that has hit the whole country. Visitors have been more careful in their spending at the centre and we have had increased energy and other costs to contend with. Despite this picture ihe centre ha5 survived well and continue5 to provide the service to the community as set out In ou r Driginal objectives. Our objectlves for the year were a5 fol lows.'_ To manage the facll ity for the beneflt of the residents of M eltham To raise suffici ent f u nding to pay the costs of runni ng the centre To seek additional fundingto develop additional facilitie5 and improve the centre and adjoining grounds To employ staff/volunteer5 to manage the centre and In particular run an effective function room and bar and to clean and maintain the whole facilitv To ensure that tho facllity is appropriately insured, compllant and safe for all users To support existi ng and new SPDrts and comrnunity groups to develop and i n so doing i mprove the health and wellbeing of Meltham residents To consider the feasibility and development of additional facilities, extensions, and sports ground Improvements. Since opening the main Source of income to pay for the running costs of the centre is the net receipts from the bar, As noted bar 5ale5 have been down by nearly 15 % from the previous year. We have continued with the employment of a senior bar steward on full weekly hours under the direction Df one of the Directors, Michael Pogson, who also volunteers to cover much of the managem@nt responsibil ities and additional ba r work and catering for which we are extremely gratef u l. The flve fo undi ng sports clubs continue to provlde a wide range of spo rting activlty for the comm u nity. I t Is disappointlng that the Rugby Club have been unable to field sides, but we remain hopeful that some of their activities will return. Mariy of our other community activities have returned and there has been an increase in the use of the Sports hall which is very pleasing. Bool(in8s for the ba r a nd event space are bac1( to pre-pa ndem Ic patterns a150. Our objectives wil I be much the 5am e in the fol lowing year, wh i15t seeking ways to contin ue to attract more events we wil l ensure our costs are kept to mar)ageable levels. Page 2
MELTHAM SPORTSAND COMMUNITY GROUP LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 FINANCIAL REVIEW Financial posltion and going concern A cursory view of this year's accounts indicate a small loss of £567. This does not show the whole picture, Last year's 1055 was £18,806, which compared with a surplus of £20,847 tho year before. However, there are a number of reasons for this and the underlying picture is much more positive, Firstly, we were fortunate to rece Ive sign if ica nt financial support duri ng the pa ndem ic in the form of grants and rent for covid testlng statlon on our carpark , We used some of this funding for Improvements to the centre, much of this expenditure being in thè last financial year resulting in a financial loss on paper for that year. We have needed ta Spend less on repairs and improvements with our expenditure in this area reduci ng f rom nearly £2 7,000 down to just over £8,000 this year, Our stoc1< l evels a re h igher this yea r a nd we have maintained the same level of reserves and cash of nearly £105,000, Our accounts includes high levels of depreciation and deferred grant which shows as a paper loss of over £IO,OOOfor the year. On a positive note, our balance sheet continues to be healthy and our cash and resorves at the ban1( is nearly £105,000, significantly better than at any pre pandemic year, We continue to be in a healthy financial position, despite the difficult trading environment. Reserves policy The Board aim to build a cash reserve of around £IOO,000, to ensure they can cover major repairs and have Sufficient worl(inE capital, The cash reserve at the year end was E104,898 The building and grounds are currently maintained to a high standard and this cash balance is considered sufficient to continue o perations for the foreseeable future, FUTURE PLANS Our objectives will be much the same in the following year, whilst seel<ing ways to attract more events we will ensure our costs are kept to manageable levels. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity Is controlled by its governing document, a deed Df trust, and con5titute5 a limited company, li mited by guarantee, as defined by the Com panies Act 2006. Page 3
MELTHAtV] SPORTS AND COMMUNITY GROUP LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Organlsatlonal structure and declslon mal(ing We have retained the same governance structure that we commenced with, as this has served us well. We have ten Trusteeldirectors, five of whom are selected by oach of the main sports clubs,. Meltham Subscription bowling Club, Meltham Cricket Club, Meltham AthletSc Football Club, Meltham All Black5 Rugby League Club and Meltham Athletics Club. The re maining f ive trustees a re selected f rom l(ey areas of tho wlder community representing early years, youth, civic, and elderly residents. We were sad to see the retirement of our Company Secretary, David Curtis, this year after over 25 years with the G roup. We a re very gratef u I for his support and for di ligently carryi ng out his role over these years. Martin Sturdy has ably stepped into his shoes. We have also welcomed new Trustees, Neil Moorhouse, Kirk Jacobs and Lisa Coates in the last couple of years, which have strengthened our capabilities and connectlons to our community. The trustees met monthly and received a report on the management of the centre and a finarTrcial report at each meeti nE. Decisions aro made on any works, major expenditure, and staffinE issues. Each of the. sports clubs can send additional rèpresentatives shDuld there be any concerns. Th15 works well and there continues to be a very good splrit of co-operation between all the users in the centre. One of the trustees, Michael Pogson, ha5 cDntinued as the volunteer Centre Manager ensurin£ that the facility is well-managed and dealing with any daily issues. We continued with the employment of a senior bar worl(er under Michael's supervlsion and employ temporary and volunteer bar Staff at busy event5. Other trustees have volunteered to undertal<e governance and tasks, such as cleaning, minute tal<ing, catering etc. Moving forward we will continue wlth the same structure with an eye on recrultln£ new board members and we will continue to regularly revlew both our busine55 arrangements as well a5 the condition and repair of the centre to ensure that both rem ain f it for purpose. REFERENCE AND ADMINISTRATIVE DETAILS ReElStered Company number 04386952 IEngland and Wales) Registered Charity number 1094637 Registered office Mean Lane Meltham Holmfirth Huddersfield West Yorksh ire HD9 5QT Pa8e 4
MELTHAM SPORTS AND COMMUNITY GROUP LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Trustees J M Pogson D A Curtis Iresigned 17.2.241 J Danson l E Rockett M I Sturdy C Westcott P G White J A Moulson R N Moorhouse Ms L R Coates (appointed 19.10.241 K Jacobs (appointed 17.8.241 Company Secretary M J Sturdy Independent Examiner Laura R Brain FCA Brosnans Chartered Accountants Birkby House Bailiff Bridge Brighouse West Yorkshire HD64JJ Approved by order of the boa rd of trustees on 2 1 December 2024 and signed on its beha If by.. P G White- Trustee Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MELTHAM SPORTS AND COMMUNITY GROUP LIMITED Independent examlner's report to the trustees of Meltham Sport5 And Community Group Llmited I'the Company'} I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024, Responsibilitles and basis of report As the charity's trustee5 of the Company land a Iso its di rectors fo r the purposes of com pany lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Having satisfied myself that the account5 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 examinatlDn of your charity's accounts a5 carried out under Section 145 of the Charities Act 20111'the 2011 Act'l. In carryin£ out my Èxamination I have followed the Directions given by the Charity Commission under Section 145151 Ibl of the 2011 Act. Pa8e 6
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MELTHAM SPORTS AND COMMUNITY GROUP LIMITED Independent examiner'5 Statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act,. or the accounts do not accord with those record5,' 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 account5 have not been prepared in accordance with the method5 and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial ReportirTrg Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concern5 and have come across no other matters in connection with the examination to which attention Should be drawn in this report in order to enable a proper understanding of the account5 to be reached. Laura R Brain FCA Brosn3ns Chartered Accounta nt5 Birkby House Bailiff 8ridge Brighouse West Yorkshire HD64JJ Date.. 23 December 2024 Page 7
MELTHAM SPORTS AND COMMUNITY GROUP LIMITED STATEMENT OF FINANCIAL AcfiviTIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Unrestricted U nrestricted funds f unds Notes INCOME AND ENDOWMENTS FROM Charltable actlvlties Community sport5 centre 112,281 125,318 Investment income Other income 50 162 74 Total 112,493 125,392 EXPENDITURE ON Raisi ng funds Bar costs 42,487 51,897 42,487 51,897 Charitable activitles Community sports centre 70,573 92,3Ql Total 113,060 144,198 NET INCOME/IEXPENDITUREI 15671 118,8061 RECONCILIATION OF FUNDS Total f unds brought forward 248,474 267,280 TOTAL FUNDS CARRIED FORWARD 247,907 248,474 -Fhe note5 form pa rt of these fi nanci a15tatements Page 8
MEITHAM SPORTS AND COMMUNITYGROUP LIMITED BALANCE SHEET 31 MARCH 2024 2024 2023 U n restricted Unrestricted funds f u nds Notes FIXED ASSETS TanEible a55ets 732,125 759,989 CURRENT ASSETS Stocks Debtors Cash at bank and in hand 6,357 3,061 104,898 5,344 4,248 105,039 114,316 114,631 CREDITORS Amountsfalling due within one year io 110,2021 118,2041 NET CURRENT ASSETS 104,114 96,427 TOTAL ASSETS LESS CURRENT LIABILITIE5 836,239 856,416 CREDITORS Amaunts falling due after more than one vear li 1588,3321 1607,9421 NET ASSETS 247,907 248,474 FUNDS U nrestricted fu nds 12 247,907 248,474 TOTAL FUNDS 247,907 248,474 The charila ble com pany is entitled to exemption from audit under Section 477 of the Coill panie5 Act 2006 forthe year ended 31 March 2024. The members have not required the company to obtain an audit of its fin3ncial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. The notes form part of these financia I statements Page 9 continued...
MELTHAM SPORTS AND COMMUNITYGROUP LIMITED L4ALANCE SHEET- continued 31 MARCH 2024 The trustee5 aclinowledge thei r responsibi litie5 for ensuring that tlie charitablè company l<eeps accounting record5 that comply with Sections 386 and 387 of the Companies Act 2006 and Ibl preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the eiid of Èach financial year and Of its surplus or d&ficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requi reme nts of the Companies Act 2006 rel ating to f ina ncial statements, so far as appl icable to th charitable company. These f i nancial statements have been prepa red i n accorda nce with the provisions applica ble to charitable companies subject to the small companies regime. The f inancia I statements were approved by the Board of Trustees and authorised for issue on 21 December 2024 and were signed on Its behalf by.. P G White - Trustee JlfjO/J•-- M J Sturdy- Trustee The notes form part of these fina ncia l statem ent5 Page 10
MELTHAM SPORTS AND COMMUNITY GROUP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 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 IFRS 1021 'Accounting arid Reporting by Charities,, Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the Ul< and Republic of Ireland IFRS 1021 leffoctive I January 20 191,, Fl nancial Reportl ng Standard 102 'The Financia l Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006, The financlal statements have been prepared under the historical cost convention, INCOME All income is recognised in the Statement of Financial Activities once the charity has entltlement to the funds, It is probable that the income will be recelved and the amount can be measured reliably. EXPENDITURE Liabilities are recognised as expendlture as soon 85 there is a legal or cor)structive obli£ation commlttlng the charity to that expenditure, It Is probable that a transferof economic benefit5 will be required In settlement and the amount of the obligatlon 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 d irectly attri buted to pa rticula r headings they have been allocated to activities on a basis consigtent with the use of resources, TANGIBLE FIXED ASSETS Depreciation is provided at the following annual late5 in order to write off each a55et over It5 estimated useful life. Long leasehold Improvements to property Plant and machinery F ixtu res and fitti ngs Computer equipment 20/0 Dn cost 150h on reducing balance 25QA on reducing balance 150A on reduci ng bal ance 330/0 on cost Tangible f ixed assets a re stated at cost lor deemed costl or va luation less accu mulated depreciation and accumulated impairment losses, Cost includes costs directly attributable to making the asset capable of operating as inter)ded. STOCI(S Stocks are valued at the lower of cost and net realisable value, after mal<ing due allowance for obsolete and slow moving items, TAXATION The charlty is exempt from corporatlon tax on its charitable activitles, FUND ACCOUNTING Unrestricted f u nds ca n be used in accordance with the charita ble obj ectives at the discretion of the trustee5, Page 11 continued..,
MELTHAM SPORTS AND COMMUNITY GROUP LIMITED NDTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES - continued FUND ACCOUNTING Restricted funds ca n only be used for pa rtlcula r restricted purposes withln the objects of the charity, Restriclions arise when speclfied by the donor or when funds are raised for particular restricted purposes. Further explarlation of the nature and purpose of each fund Is Included in the notes to the financlal statement5. PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS The charitable company operates a defined contribution pension scheme, Contributions payable to the charitable compa ny's pension scheme a re charged to the Statement of Fi nancial Activities in the period to which they relate. INVESTMENT INCOME 2024 2023 Deposlt account interest 50 74 NET INCOMEIIEXPENOITURE} Net income/lexpenditurel li stated after ch3rgingllcreditir)gl,. 2024 2023 Depreciation - owned assets 28,542 29,340 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. TRUSTEES, EXPENSES There were no trustees, expenses paid for the year ended 31 March 2024 nor lar the year ended 31 March 2023. Page 12 continued.,,
MELTHAM SPORTS AND COMMUNITY GROUP LIMITED NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 MARCH 2024 STAFF COSTS The average monthly number of employees during the year was as follows.. 2024 2023 ar staff No employees received emoluments in excèss of £60,000, COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Charitable activities Community sports centre 125,318 Investment income 74 Total 125,392 EXPENDITURE ON Raisi ng funds Bar costs 51,897 51,897 Cha ritable activities Community sports centre 92,301 Total 144,198 NET INCOMEIIEXPENDITURE} 118,8061 RECONCILIATION OF FUNDS Tota I fu nds brought forward 267,280 TOTAL FUNDS CARRIFD FORWARD 248,474 Page 13 contin ued,.,
MELTHAM SPORTS AND COMMUNITY GROUP LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 TANGIBLE FIXED ASSETS Improvements to Long leasehold Plant and machinery propertv COST At l April 2023 Additions 1,167,196 65,453 42,685 678 At 31 March 2024 1,167,196 65,453 43,363 DEPRECIATION At l April 2023 Charge for year 441,178 23,344 48,176 2,592 34,196 1,375 At 31 March 2024 464,522 50, 168 35,571 NET BOOI< VALUE At 31 March 2024 702,674 14,685 7,792 At 31 March 2023 726,018 17,277 3,489 Fixtures and fitti ngs Computer equipment Totals COST At l April 2023 Additions 68,560 1,718 1,345,612 678 At 31 March 2024 68,560 1,718 1,346,290 DEPRECIATION At l April 2023 Charge foryear 60,355 1,231 1,718 585,623 28,542 At 31 March 2024 61,586 1,718 614,165 NET BOOI< VALUE At 31 March 2024 6,974 732,125 At 31 March 2023 8,205 759,989 PaEe 14 continued...
MELTHAM SPORTS AND COMMUNITY GROUP LIMITED NOTES TO THE FINANCIAL STATEMENTS . continued FOR THE YEAR ENDED 31 MARCH 2024 STDCI<S 2024 2023 Stocks 6,357 5,344 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 VAT Prepayments 593 3,655 3,061 3,061 4,248 10. CREDITOR5: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade cred itors Social security and other taxes Wages creditor Pension cred itor VAT Accruals and deferred income 6,424 773 14111 134 519 2,763 16,238 329 19361 115 2,458 10,202 18,204 11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2024 2023 Deferred government grants 588,332 607,942 12. MOVEMENT IN FUNDS Net movement in funds At 31,3.24 At 1.4.23 Unrestricted funds General fund 248,474 15671 247,907 TOTAL FUNDS 248,474 15671 247,907 Page 15 contin Ljed..,
MELTHAM SPORTS AND COMMUNITY GROUP LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 12. MOVEMENT IN FUNDS . continued Net movement in funds, included in the above are as follows,. Movement in funds Income Expenditure Unrestrlcted funds General fund 112,493 1113,0601 15671 TOTAL FUNDS 112,493 1113,0601 1567 Comparatives for movement in funds Net movement in funds At 31.3.23 At 1,4.22 Unrestrirted funds General fund 261,280 118,8061 248,474 TOTAL FUNDS 267,280 118,806 248,474 Comparative net rnovement i n funds, i ncluded i n the above Jre a5 follows,, Movement in funds Income Expenditure Unrestricted funds General fund 125,392 1144,1981 18,8061 TOTAL FUNDS 125,392 1144, 1981 118,8061 PaEe 16 continued..,
MELTHAM SPORTS AND COMMUNITY GROUP LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 13. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2023 or 31 March 2024. Page 17
MELTHAM SPORTSAND COMMUNITY GROUP LIMITED DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 INCOME AND ENDOWMENTS Investment income Deposit account interest 50 74 Charitable activlties Bar sales Electricity generation Rents rece ived Room hire income Sporting services 94,071 2,150 300 13,800 1,960 112,514 2,408 200 8,713 1,483 112,281 125,318 Other income Commission received on tlcl<et sales 162 Total income 112,493 125,392 EXPENDITURE Bar costs Openi ng stoc1( Purchases Closing stoc1< 5,344 43,500 16,3571 4,176 53,065 15,3441 42,487 51,897 Cha ritable actlvities Wages Pensions Rates and water Insurance Light and heat Telephone Property & grounds maintenance Sundries 27,612 641 2,887 3,357 6,416 1,839 8,362 5,004 26,250 593 3,364 3,169 12,643 1,772 26,831 3,300 56,118 77,922 Th is page does not fo rm part of the statutory financial statements Page 18
MELTHAM SPORTS AND COMMUNITY GROUP LIMITED DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Support costs Management Postage and stationerv IQ7 36 Flnance Ban1< charges Deferred government grant Depreciation of tangi ble f ixed assets 461 119,6101 28,542 383 119,6101 29,340 9,393 10,113 Governance costs Accountancy, legal & professional fees 4,955 4,230 Total expenditure 113,060 144,198 Net expenditure 15671 118,8061 This page does not form part of the statutory f i nancial 5tatementS Page 19