REGISTERED COMPANY NUMBER., 04757847 (England and Wales}
REGISTERED CHARITY NUMBER; IIOll30
TRUSTEES, REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FOR
WODSON PARK TRUST

WODSON PARK TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEES. REPORT...............................................................,...........................................
STATEMENT OF TRUSTEES. RESPONSIBILITIES..................................................
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF......................................
STATEMENT OF FINANCIAL ACTIVITIES...................
.10
BALANCE SHEET...............................................................................................................
CASH FLOW STATEMENT...................
NOTES TO TrIE CASHFLOW STATEMENT.......................................................................14
NOTES TO THE FINANCIAL STATEMENTS......................................................................15

WODSON PARK TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Introduction
Wodson Park Sports and Leisure Centre Is sltuated In plcturesque Ware. Herttordshire. For over 34
years the centre has provided a sale. secure and attordable environment in which everyone is
actively encouraged to understand and support others in Iheir sporting and recreational pursuits, The
center's unique design enables the charity to host a diverse range of ￿tiVities. thereby placing it
firmty at the heart of communty life.
Structure, governance and management
Goveming document
Wodson Park Trust is a company Ilmlted by guarantee under company number 04757847, The
charity operaied as an unincorporated charity called 'Wodson Park Sports and Recreation
Association. until 31 March 2006. On l April 2006 the Ch￿ilable operations vlere transferred lo this
Incorporated charity and the trading aclivits'es in relation to Ihe vending and bar sales were
transferred to 'Wadesmill Suite Limited" a wholly owned subsidiary of Wodson Park Trusl.
The charity's objects and regulations are determined by the MemoTandum and Articles of
Assoclation dated 8 May 2003 which replace the constitution of the original unincorporaied charlty
Inaugurated In 1988.
Principle Aciivity
Wodson Pafk Trust's principal aciivity is the management of a ground-breaking purpose-built sports
and leisure complex providing a wide Tange ol opportunities for participation at an affordable cost.
The centre 15 self-funding and Ihe principal activity of Ihe charity is fundraising.
Recruitment and appointment ol Trustees
The Governlng Body is made up of elght trustees. comprlslng the chalrman, vlce chalrman. secretary
and treasurer of the Lea Recreation Society, and four members appointed anrbually by East
Hertlordshire District Council. The Lea Recreation Society is a locally based self-help group,
Trustees are nominated by Lea Recreation Soclety and East Hertlordshire District Council. The chiel
executlve arranges a phased programme of induction and meetings as appropriate to meet the
needs of each new individual appointment.
Key management personnel remuneratlon
The Irustees consider the board of trustees, the chlèf executive and the operations managers as
comprising the key rnanagement personnel of the charity. They are in charge of directing and

controlling ihe ¢hanty and runnlng and operatinu the charity on a day-to-day basis. All trustees give
of their lime freely and no trustee remuneration was paid in the year.
Risk Management
The trustees recognlse their responsibilities with regard to risk management an(J to this end have
endeavoured to ensure that the trust has adequate procedures and stralegies that can monitor.
eliminate or mitigate. as appropriale, the risks faced by the organisation. The Irustees have reviewed
the key risks to which the tnjst might be exposed. in particular those related to the operations and
financial management of the trust, and are satisfied that Ihe trust has approprlate systems of control
Review of the year
The environment remains exlremely challenging for the charty with utilisalion of the centre's facilities
still below pre-pandemic levels. While some of the regular schools, actrrfities and spots competitions
have returned, we are slruggling to attract new events and hirings.
There has been a slight improvement in utilisation during the last 12 months, especially during the
early afternoon period. This has been driven by the Increased demand for pickleball courts.
Use of the external facilities, particularly the all-vRa(her courts and irack remain seasonal, but the
Introduction of new activities such as the bootcamps, walking netball and a day-tlme adult running
group has Smproved day-time usage. The astroturf remains popular all year round and is only closed
during extreme weather.
The centre continues lo be used ty Special Olympics East Heits and special educational needs
schools for athletlcs, badminton and wheelchair netball traininglconditionlng and competitions. Local
care provlders Yle Care Herts. brlng cllents to lake part In aeroblcs and wellbeing classes and the
local dementia aroup 'Singing Down Memory Lane. hold a bi-monthly lunchlime session for their
service users.
Development Plans
Wodson Park Trust Is committed to Improvlng health and reduclng ineqU￿1ties across East Herts,
Encouraging and keeplng people active remalns our primary goal. Over the past iwelve months we
have focussed on ensuring a sustainable balance of income generation vrith the wlder so¢ial
objectives to re(luce health inequalilies and increase participation in physical activity.
Our development plans this year continued the theme from the previous year:
Prornoting physical and mental wellbeing. particulaTly amongst the older generalion.
Encouraglng Individual development, promoting physical actlvltles specifically iargeling
women and glrls,
Supporting social and community development, nurturing and providing practical assistance
for groups to enable Ihem to become self.managing.
We continue to worf( in partnership with Active East Herts and The University of the Third Age (U3A)
to increase Ihe number and range of actmties on offer for older people. Classes which focus on
wellbeing, reducing loneliness and encouraging social interaction remain exiremety popular. The

tai-chl, yoga and meditation and WaI￿ng netball sessions have attracted an additional 168 new users
this year.
We actively promote the women and girl's initiative which stems from the Sport England 'This Girl
Can" campaign. The netball and pickleball sessions introduced last year have been sust&'ned and
there has been an increase in the number of girls, playing tOOiball,
We recognise Ihe value of Ihe clubs and groups thal regard Wodson Park as their base and work
closety with them to help attract and retain volunteers. In conjunction with national governing bodies
this year have hosted 14 coaching qualrfications and practical skill courses, such as fiist-aid, and
safeguarding training. Our staff team continues to provide infoimation and practical support with
issues such as grant applications.
We make a significant contribution arKI impact positively upon the Ilves of residents, through
involvement in sport, leisure and culture by..
Improving the enjoyment, heatth and wellbeing ol local people
• Increasing ihe number of people taking part in sport and physical activty
Contributing to tackling crime and disorder through the provision of dlverslonary acllvities
Raising educational standards in our schools Ihrough sports participaiion
Encouraging a lifelong learning approach through our employee development
Safeguarding the environment by laking energy efficiency measures to reduce carbon
emisslons,
Our Mission, vlslon and four core values shape the cullure and deline the character ol Wodson Park.
They guide how we behave and make decisions.
s0￿ce.. The people who use the facllltles at Wodson Park are the Ilfeblood of our business. We
prlde ourselves in going to extraordinary lengths to ensure we understand and meet our cuslomer's
requirements. We know that ty dolng thls we tuin customeis Into advocates for our centre.
In¢•grity.' We treat our stakeholders with respecl, fairness, honesty and integrfty at all Ilmes. We are
accountable for our actions and have the courage to do the rlght thlng, for the rlghi reason, at the
right time.
Quallty." We sel high standards and are commltted to contlnuous improvement, We activety seek
feedback to help us review and improve our performance.
Commltment.. We sirlve to ensure Ihe entire estate is well managed and operates safely, We are
innovalive and nimble in our business aclivity and aim to be good stewards of the environment.
Our role in the community
Wodson Park Is an integral part of the community infrastruclure and Is committed to advancing
equality and diversity. W8 continue to lorge good relationships with local schools, colleges and the

third sector to provide opportunilies for job shadowing, work placements and volunteer work. We
offer structured work experience programmes in conjunction with Herts Yolrth Connectionsand Herts
Regional College, and Ihis year we have provided work experience for 9 young people and helpeda
young adult with additional needs to obtain paid eMplO￿nent.
Our ongoing partnership with Ihe F2 Academy and Virtual Learning UK to offer a programme of
tailored employability tralnlng continues to be successful. The object ot the programme is to upskill
hard-tO-Teach young people aged 16-24 and provide Ihem with the knowledge. confidence and
techniques to research, prepare and interview for vacancies. Young people are referred Irom local
agencies such as Job Centre Plus, Rose Court Youth Hostel and Ne￿Ork Homes Housing
Association.
The mixture of one•to￿ne coaching. group training exercises and live work experience has been
exlremely benelicial lo ihe young people. Four have oblained pald employment this year an(1
have returnedto lull time educalion.
Looking forward
The aging estate presen(s a major challenge., sizable areas of ihe roof and guttering require repairs,
the floor in the north hall needs to be replaced and the showeifacililies need upgrading.The plumbing
system is starting to show its age, with numerous leaks in the last 12 months while Ihe boilers will
shortly reachlhe end of their economic lrfe.
Despite efforts to minimise costs our expenditure has increased in Ihe pasi year, malnty due to items
outside our control such as the increase in the national minimum wage, utilities and insurance
premiums. Prices will need to increase again in April by 2025 at least 7.5% to offsel Ihe costs lo
employers, announcementsmade in the recent budget.
The Trustees recognise the need to rebuild the financial reseDMs which were depleted durlng the
pandemic. A group called Friends of Wodson Park has been established. The sole aim of Ihe group is
to raise money io help pay for refurbishments and renewals and supporting grani applications for
capiial expendiiure prolects. This work has only just commenced but will be a key focus for the next
year.
S E Storey - Chairman
Date:
2p4fw 25

WODSON PARK TRUST
Company Secretary
JIWing
Direclors
D Andrews
M F Butcher
GCHill
V L Naylor
S E Storey
S Watson
JIWing
JFWWing
- Appointed 30th August 2023
- Appointed 30th August 2023
- Appointed 30th August 2023
J H Goodeve
ICKemp
SAReed
Resigned 30 August 2023
Resigned 30 August 2023
- Resigned 29 August 2023
Independent Examlner
Kevin Rose ACMA
IAC Audit and Consultancy Ltd
23 Westbury Road
Yarnbrook
Wltshlre
8A14 6AG
Approved by order of the board of trustees on
S9H)fLfy 15
and signed on its behalf by,.
S E Storey - Trustee

WODSON PARK TRUST
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees (who are also the directors of Wodson Park Trust for the purposes of company law) are
responsible for preparing the Trustees, Report and the financial slatements in accordance with
applicable law and Uniled Kingdom Accounting Standards (United Kingdom Generally Accepted
Accountin9 Practice).
Company law requlres the trustees to preparefinancial statements for each financial year which give
a true and fair view of the stats of affairs of the charitable company and of the incoming resources
and application of resources, including the income and expenditure, ot the charilable company ft)r
Ihat period. In preparing ihose linancial stalements, the trustees are required to
select suilable accounting policies and then appty them consistently.,
observe the method5 and principles in the Charity SORP.,
make judgements and estimates thal are reasonable and prudenl;
prepareihe financial statements on the going concern basis unless it is inappropriaie to
presume Ihat Ihe charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time the financial position of the charltable company and to enable them to ensure
that the financial statements comply with the Companies Act 2006. They are also responsible for
safeguardlng ihe a55e15 of the charitable company and hen￿ for taking reasonable steps IOT the
preventlon and detection of fraud and other irregularities.

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF
WODSON PARK TRUST (Ihe Companf)
I report to the charity tntstees on my examinalK)n of the a￿Unts of the Company for the year ended 31 March
2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the PUTposes of company law) you are
responsible for the preparation of the accounts in accordance Viith the requirements of the Companies Act 2006
(Ihe 2006 Acr).
Having satisfied myself that the a(xounts of the Comp8Jry are not required to be audited under Part 16 of the
2006 Act and are eligibk toi independent examinats"on. I report in resF*d ol my examinats.on of your chaNy's
accounts as ￿rned out under Section 145 of the Charities Act 2011 Cthe 2011 Arf). In carrying oul ry
examination I have followed the Direclions given by the Charity c￿mis￿n under Section 145(5) (b) of the
2011 ACL
Independent examiner's sLitement
Since your charff¢s gross inccme excwded £250.(KK) your examiner must be a member of a Itsted body, I can
confirm that l am qualffied to undertske the exanThnation becau￿ l am a member of the Chartered Institute of
Management AccounL4nts. V*hich is one of Ihe li*ed b(MJie
I have completed my e￿￿MinalI0n. I confinn that no maners come to nry attention in connection V¥ith the
examinatFon giving me cause to believe:
accourning records vme not kept in re¥*ct of the Company as required ty Section 366 of the 2006
Act., OT
2. the accounts do not aC(￿d IIN)* records; (Y
the a¢￿Unts do not comply Mrith the acLX)untirKJ requirements of Section 396 of Ihe 2LY)6 Act other
than any requirement that the ac￿Unts give a true and fair Vie￿ vthich 15 not a rmtter considered as
part of an independent examinalion: or
4. Ihe accounts have not been prepared in accordance wilh Ihe methL*ts and princi￿eS of the Statement
of Recommended Practice for accounting and re￿rtIng by chanties (applicable to charities preparing
their arxounts in acu)rdatKe %Mih the Finaniial Rerthing Stand￿d applicable in the UK and Republic
of Ireland (FRS 102)).
I have no concerns and have come across rl) othw ma11ers in conneclion ￿1th the examination lo which
attention should be drawn in this report in order to enable a proper understanding of the accounts trj be
reached.
Kewn Rose ACMA
IAC Audit and Consultancy Lid
23 Westbury Road
Yarnbrook
Imltshire
BA14 6AG
Date 29th January 2025

WODSON PARK TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
31 March
2024
31 March
2023
UnroStrl¢lod R¢slrlcl¢d
Funds
Funds
Noios
Total Funds Total Funds
INCOME AND ENDOWMENTS
FROM
Donations and legacies
26,995
26.995
7,221
Charitable activities
Membership subscriptions
Rents
17,272
37,563
17,272
37.563
19,873
19,008
Grants received
5,000
591,581
Charitable Activities - Sports income
650,147
650,147
Investment income
2,582
2,582
759
Total income
734,559
734,559
643,442
EXPENDITURE ON
Chwitable aclivities
834,471
834,471
775,484
Other
Tolal expendlture
834,471
834,471
775,484
Net gain (loss) on investments
(4,174)
(4,174)
7,228
NET INCOME (EXPENDITURE)
{104,086)
(104,086) (124,814)
RECONCILIATION OF FUMDS
TOTAL FUNDS BROUGHT FORWARD
2,398,773
2,398,773
2.523.587
TOTAL FUNDS CARRIED FORWARD
2,294.687
2.294,687
2.398.773
The notes form part of these financial statements
io

WODSON PARK TRUST
BALANCESHEET
AS AT31 MARCH 2024
31 March
2024
31 March
2023
Notes
FIXED ASSETS
Tangible assets
Investments
2,087,904
2,175,977
Investments
io
4,174
Soclal inveslmenls
Total fixed assets
2,087,907
2,180,154
CURRENT ASSETS
Debtors
12
95.338
194,433
84,873
232,5ll
Cash in bank and at hand
Total current assets
289,771
317,384
CREDITORS
Amounts falling due within one year
13
67,395
74,091
NET CURRENT ASSETS
222.376
243,293
CREDITORS
Amounts falling due after one year
14
15,596
24,674
NET ASSETS
2,294,687
2,398,773
FUNDS
19
Unrestricted funds
2,294,687
2,398,773
Restricted funds
TOTAL FUNDS
2.294,687
2,398.773
The charitable company is entitled to exemption from audit under Seclion 477 of the Companies
Act 2006 for the year ended 31 March 2024.
The notes lomi part of Ihese financial staiements

The members have not required the company to obtain an audit of its financial statements for the year ended
31 March 2024 in accordance writh Section 476 of the Companies Act 2TrJ6.
The trustees acknowledge their responsibilities for
(a) ensuring that the charilablg ¢ompany keeps accounting records that comply with Sèctions 386 and 387 of
the Companies Act 2006 and
(b) prepari1￿ finanelal statements whlch glve a true and falf vbew of the stats ol affairs of the charitable
company as at Ihe end ol each financial year and of its surplus or deficit foi each financial year in accordan
wlth the requlrements ol Sections 394 and 395 arKI which otherb*ise compty wlth the requirements of the
Companies Act 2006 relating to Ilnanclal statements, so far as applicable to the charilable company.
These Ilnandal statements havè been prepared in aeeordance with the provisions appllcable to charltable
companies subleet to the small tompanles reglme.
The financial statements were approved by the Board of Trustees and auihorised for issue on:
,and were signed on its behalf by.,
S E Storey . Trustee
The noles form part of these financial statements
12

WODSON PARK TRUST
CASH FLOWSTATEMENT
FOR THE YEAR ENOED 31 MARCH 2024
31 March
2024
31 March
2023
Note
Cash flows from operating aclivilles
Cash generatedfrom operations
Interest paid
Net cash (used in) I provided ty operating activities
11.620
(10,339)
1,281
{4,210)
(11,150)
(15,360)
Cash flows from invesiing aciivities
Purchase of iangiblelixed assets
Sale of fixed asset investments
(33,314)
(11,744)
43,456
759
Interest received
2,582
Net cash (used in) I provided by investing activlties
(30.732)
32,471
Cash flows from finan¢ing activities
Loan Tepayments in year
Net cash (used in) I provided by financing activilies
(8,627)
(8,627)
(8,505)
(8,505)
Changein cash and cash equivalents in the reporting
period
(38,078)
8,606
Cash and cash equlvalents at the beglnnlngof the
reportingperiod
Cash and cash equivalents at the end of the reporting
period
232,511
223,905
194,433
232,511
The notes lorm part of these financial statements

NOTES TO THE CASHFLOWSTATEMENT
1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING
ACTIVITIES
31 March
2024
31 March
2023
Net expenditurefor the reportingperiod (as per the
Statement of Financial Activities)
Adjustments for:
Depreciationcharges
Loss l {gain)on investments
Inte￿$1 received
(104,086)
(124,814)
121,387
123,207
(7,228)
(759)
ll,Iso
(155)
(5,611)
4,174
(2,582)
10,339
(10.465)
(7,147)
Interest paid
(Increase)I decrease in debtors
(Decrease)l increase in creditors
Net cash (used in) I provided by operalions
11,620
(4,210)
2. ANALYSIS OF CHANGES IN NET FUNDS
Asat
Asal
31 March
2023
31 March
2024
Cash flow
Cash at bank and in hand
232,5ll
(38,078)
194,433
Debts lalling due within l year
(84.873)
{10.465)
(95,338)
Total
147,638
(48,543)
99,095
The notes form part of these financial statements
14

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
I. ACCOUNTING POLICIES
Basi3 of preparing the financial statements
The financial statements ol the charitable company, wfiich is a public benefil enlty under FRS 102, have been
prepared in accordance with the Charlties SORP (FRS 102) 'Accounting and Reporting by Charilies: Statement
of Recommended Practice appllcable to charltles preparing their accounts In accordance wlth the Financial
Reportlng Standard applicable in the UK and Republlc of Ireland (FRS 102) (eflectiv8 l January 2019).,
Flnancid Reponlng Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland and the Companies Act 2006.
The financial statements have been prèpared under the hiswrical cosl conventlon. wllh lh8 exception ol
Inveslments whlch are Included al market value, as modilied by the ￿valUation of cetsin assets.
Income
All incoming resources are Included In the Statement of Financial Additives (SOFA) when the charty Is legally
enlitled to the income after any performance condltlons have been meL this amount can be measured iellably
and11 Is probable thal Ihe income will be received..
Income from government and othei grants, whethu 'capltal' grants or 'ievenue' grants Is recognlsed when Ihe
charlty has enlltlement to the lunds. any performance condlllons attached to the gTants have been mel. It Is
probable that the income will be recelved and the amount can be measured reliably and 1$ noi delerred.
For dOn￿lon$ to be re¢ognised Ihe charity ￿￿11 have been notllied of Ihe amounts and the settlemonl date in
wrltlng. If Ihere are condltlons attached to the donation and thls fequires a level ol perfomiance before
entitlement can be oblained then Income is deferred until those conditions afe lully met or ihe fulfilmeni ol
Ihose condlllons is wllhin the control ol ihe charity and It Is probable thai they wlll be fulfilled.
Inve*menl income is earned through holdlng assets for Investmeni purposes such as shares and pioperly. It
Includes dividends, Interesl and rent. Where it is nol practicable lo Idenlify inveslmenl managem9nt costs
incuired within a scheme vthih reasonable accuracy ihe investment income is rgported net of these costs.11 Is
included V¥then the amount can be measured rellably.
Interest income is reeognlsed uslng the effective interest method and dividend and rent income is recognised
as the ¢hariV5 rwhl to receNe payment Is eslabllshed.
ExpqndlWr•
Resources expended
All expendilure is accounted for on an acuuals basls and has been ¢lasgfied under headlngs Ihat aggregate
fi costs related lo the category. Expenditure is recognised where there Is a legal or constnKtive obligation to
make paS￿ents to Ihlrd part¢es, It is probable that the setuement will be required and the amount of the
obligation can be measured reliably. It Is calegorlsed under the lollowino headings:
Charitable eXpendi￿re ¢ompri5e5 those costs Incurred by the chaflty in the delivery of its activilies and
sepAces for Its benelSclarles. It Includes l)oth costs allocated directty to such aclivilies and ihose costs 01 an
indirect nalure necessary io support ihem.
IrTeeoverable VAT is charged as an expensg againsi the actlvlty for which expendilure arose.
The notes form part of these linanclal statements

Support costs allocation
Support costs are those that assist the work of the charity but do not directly represent Ch￿iL￿ble aclivities and
include office costs. governance costs and admlnistrallve payroll cosis. They are incurred direaly in support
ol expenditUTe on the objects ol Ihe charity. Where support costs cannot be direclty attributed to part4cular
headings they have been allocated to the cost ol raising funds and expendiDJre on chafftable activities on a
basls consis*nt wlth use of the resources.
Tanglbleflxed a886ts
Depreciation Is provided at the lollowing annual rales in order to write off each asset ovei its estimated usefvl
Improvements lo propety
Fixtures and fftlings
Computer equipment
- IO% on cost. 546 on cost and 246 on cost
- 20% on cost
- 33% on cost
Taxalton
The charty is exernpt from Gorpoial¢on tax on its charitable activilies.
Fund accountlng
Unrestricted fijnds can be used In accordance *fjth the charitsbl? obl￿(1veS al the d5$￿tIon d ihe Irusiees,
Restricied frjnds can only be used loi particular restricted purposes wlthln the obJe¢ts ot the charty.
Restrictions arlse vthen Specified by the donor or vknen funds are raised IOT Particular restricted purposes.
Further explanatlon of tho nature and purpose ol each fund Is Included In the noles to Ihe financial statements.
Hir• purehas• and Iwing eommltm•nt*
Renials pald under operating leases are charged to the Siatement of Flnanclal Acllvhtes on a stralghl Ilne
basis over the pwiod ol Ihe lease.
Penslon cosls and othor posl.r•tlr•ment b•n•flt•
The chariiable company operates a defined contribution pension s¢heme. Contributions payable to tha
charliable companys penslon scheme are charged to the Siatemeni ot Flnancld Actlvities in the period to
which Ihey relate.
Fix•d assot invesim•ntg
Fixed asset Investsnents are Inllally fecognlsed at transactlon prlce excludlng tran$a¢tlon costs. and are
3ubsequenty measured at fair value at eath Teporting date, Changes in lair value are recognlsed In net
galnslOos$esl on Investments In the SOFA It the shares are publicly traded or Ihelr lalr value can olherwise be
measured rellably, Investments In 5ubsldlaries are measured at cosi le55 Impaimenl, TranSa￿lon costs are
expensed incuried.
The noles form part of these financial statements
16

2. DONATIONS AND LEGACIES
31 March
2024
31 March
2023
Donats'ons
4.588
Gift ald (wadesmlll Suite Limited)
22,407
7,221
26,995
7,221
3. INVESTMENT INCOME
31 March
2024
31 March
2023
Interest receivable
2,582
759
4. INCOME FROM CHARITABLE ACTIVITIES
31 March
2024
31 March
2023
Membership Subscriptions
Rents Received
17,272
30,063
19,873
11,508
7,500
5,000
591,581
Renis Received (Wadesmill Suite Ltd)
Grants received
Charitable activities - sports income
650,147
Total
5, NET INCOME I (EXPENDITURE)
Net Income l (expenditure)is stated after chargingl(credits'ng):
31 March
2024
31 March
2023
Depreciation. owned assets
Hire of plantand machinery
121,387
123.206
4.479
3,921
125.866
127,127
The notes form part of these financial ststements
17

6. TRUSTEES. REMUNERATION AND BENEFSTS
There were no trustees. remuneralion. expenses. or other benefits. for the year ended 31 March
2024 nor for the year ended 31 March 2023.
7. STAFF COSTS
31 March
2024
31 March
2023
Wages and salaries
Social security costs
o(her pension costs
359.961
339,826
17,294
4,953
13,426
5,103
378,490
362,073
The average morlthty number of employees during the Ye￿ was as follows;
31 March
2024
31 March
2023
Operational staff
Dlrectois (unpald)
No employees received emoluments in excess 01 £60,000
The notes form part ol these financial statements

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
31 March
2023
Unrestrl¢t•
d Funds
Note$
Funds
Funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
7,221
7,221
Charitable activities
Membership subscriptions
Rents
19,873
19,008
19,873
19,008
Grants received
5,000
591,581
5,000
591,581
Sports income
Investment income
759
759
Total income
643.442
643,442
EXPENDITURE ON
Charitable activities
764,335
11,150
764,335
,Iso
Bank interest
Total expenditure
775,485
775,485
Net gain on investments
7,228
7,228
NET INCOME (EXPENOITURE)
{124,815)
(124,815)
RECONCILIATION OF FUNDS
TOTAL FUNDS BROUGHT FORWARD
2,523,587
2,523,587
TOTAL FUNDS CARRIED FORWARD
2.398,772
2,398,772
The notes form part of these financial statements
19

9. TANGIBLE FIXED ASSETS
Freehold Improvement Flxture and
Property
to Property
fittings
Computer
equlpment
Totals
Cost
Al tst April 2023
Additions
3.960,777
1,931,225
9,855
659.078
52,449
9,324
6.603.529
14,135
33,314
Dlsposals
At 31 March 2024
3.960.777
1,941,080
673.213
61.773
6.636,843
DEPRECIATION
At 1st April 2023
Charge for Ihe year
2,048,112
79,216
1,686,668
32,702
640,323
5,904
52,449
3,565
4,427,552
121.387
At 31 M￿ch 2024
2,127,328
1,719,370
646,227
56.014
4,548,939
NET BOOK VALUE
At 31 March 2023
1.912,665
244.557
18,755
2,175,977
At 31 March 2024
1,833,449
221,710
26.986
5,759
2,087,904
10. FIXED ASSET INVESTMENTS
Listed
Investm•nts
Market value
At 1st Apfil 2023
Disposals
At 31 March 2024
4,174
(4,174)
NET BOOK VALUE
At 31st March 2024
At 31 March 2023
4,174
The notes form part of these financial statements

11. SOCIAL INVESTMENTS
COST
At 31st March 2024
At 31st March 2023
The wholly owned subsidiary undertaking, incorporaied in the United Kingdom, is Wadesmill Suite
Limited (company number 04305763), the principal aclivity of which is to provide bar, vending and
catering se￿ices. The registered office is the same as that of Wodson Park Trust which is shown on
the Legal and Administrative Infomiatlon page. The avallable profits for the year are donated to
Wodson Park Trusl,
12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31 March
2024
31 March
2023
TTade deblors
66.868
54,180
30,693
Piepayments and acciued income
28,470
95,338
84,873
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31 Mar¢h
2024
31 March
2023
Bank loans and overdrafts (see note 14)
Trade creditors
9,078
30,235
375
8,627
26,439
1,172
5,118
10.273
1,502
20.960
Amounts owed io group undertakings
Soclal security and other taxes
VAT
4,408
8,631
2,108
12.560
Other creditors
Accruals and deferred income
67,395
74,091
The noles form part of these Ilnancial stalements
21

14. LOANS
An analysis of the maturity of loans is given below;
31 March
2024
31 March
2023
Amounts falling due within one year
Amounts falling betweenone and five years
9,078
8,627
15,596
24,674
24,674
33,301
15. ANALYSIS OF NET ASSETS BETWEEN FUND]
31 March
2024
31 March
2023
Unreslricted
funds
Restricted
funds
Total
funds
Total
funds
Fixed assets
2,087,907
2,087,907
2,175,977
4.177
317,384
(74,091)
(24,674)
2,398,773
Investments
Currenlassets
289,771
(67,395)
(15,596)
2,294,687
289,771
(67,395)
(15,596)
2,294,687
Currentliabilities
Non4urrenUlabllitles
16. MOVEMENT IN FUNDS
Net
movementln
funds
At Isi April
2023
At 31st
March 2024
Unrestricted funds
Generalfund
2,398,773
(104,086)
2,294,687
Restricted funds
Restricted lund
Total funds
2,398,773
(104.086)
2.294,687
The notes form part of these linancial stalements

Net movement in funds, included in the above are as follows:
Net
movement
in funds
Incoming
resources
Resources
expended
Gains and
losses
Unreslricted fund
734,559
(834.471)
(4,174)
(104,086)
Restricted lunds
A curreni year (12 months) and prioryear (12 mnths) combined position is as follows:
A cuwrent year {12 months) and prioryear (12 months) combined net movement in funds. included in
the above are as follows..
Net
movement
in lunds
Incoming
resources
Resources
expended
Gains and
losses
Unrestricted fund
1,378,001
(1,609,955)
3,054
(228,900)
Restrlcted funds
1,378,001
(1,609,955)
3,054
(228,900)
17, RELATED PARTY DISCLOSURES
There were no disclosable ielated paty transactions durlng the year (2023- none)
18. ULTIMATE CONTROLLING PARTY
There is no ultimate controlllng party.
The noles form part of these financial statements

WODSON PARK TRUST
DEfAILED STATEMEKf OF HNANCIAL ACTIVITIES
FOR THE YEAR ENOED 31 MARCH 2024
31 Morch
31 March
2023
INCOME AND ENDOWMENTS
Donations and legacies
4,588
Gift aid
22,407
7,221
26.995
7,221
InV￿ment Income
Inte￿st income
2,582
759
Ch•ilable aclivity
Grarts
S.Crf)O
Chwltable athvlty . Sports income
Rent recelved
672,007
611,455
37,563
19,008
709,570
635,463
Tolal incoming resources
734,559
643,443
EXPENDITURE
Charitable actlvltles
Wages
359,961
339.826
Social security
13,426
17.294
Pensions
5.103
4.953
Oiher staff costs
4.416
Licensing
Hife of plant and machinery
Rales and wat8r
7,748
4,587
4,479
3.921
25,717
29.820
Insurance
33,769
30,348
Llghl and heal
Telephone
Poslagè and s￿lI0nery
Marketing
Malntenance
84,431
82,169
3.741
2,905
1,378
879
7.890
105
94,891
74,754
Computer expenses
17,943
12.341
Accounlancy and legal fees
13,443
17.667
Irrecoverable VAT
24.409
19.559
The notes form part of these linancial statements
24

Depreciallon
121,387
123.207
824,132
764.335
Bank interest
10,339
11,150
Total resouTces expended
834,471
775,485
Net expendtture before galns and losses
(99,912)
(132,042)
Reallsed recognised gains and los
Reallsed gainsl(losses) on fixed asset investments
Net expendlture
(4,174)
<104,086)
7,228
(124,814)
The notes form part ol these financial statements