**REGISTERED COMPANY NUMBER: 05737359 (England and Wales) REGISTERED CHARITY NUMBER: 1108889** ## **Report of the Trustees and** ## **Unaudited Financial Statements** **for the Year Ended 31 March 2025** **for** ## **LINCOLNSHIRE EXTREME SPORTS ASSOCIATION** Haines Watts 23 Algitha Road Skegness United Kingdom PE25 2AG **LINCOLNSHIRE EXTREME SPORTS ASSOCIATION** **Contents of the Financial Statements for the year ended 31 March 2025** |||**Page**|| |---|---|---|---| |**Chairman's Report**||1|| |**Report of the Trustees**|2|to|4| |**Independent Examiner's Report**||5|| |**Statement of Financial Activities**||6|| |**Balance Sheet**||7|| |**Notes to the Financial Statements**|8|to|12| |**Detailed Statement of Financial Activities**|13|to|14| **LINCOLNSHIRE EXTREME SPORTS ASSOCIATION** ## **Chairman's Report for the year ended 31 March 2025** We have seen a steady stream of users continue, the local council have cancelled their "positive futures sessions" which were free sessions held on a Thursday evening open in two split sessions 8-13 and 13-19 year old during term time. We used one of our grants to continue the sessions our self which were very well received. We have seen new users appear and are looking to o?er coaching sessions, and private hire for party's as another income. We are planning to drop our admission prices in June which we hope will encourage new members and users. We continue to work with the UK's national skateboarding body Skateboard GB. Skateboard GB The emphasis of these events is on fun and progression, these are a great opportunity for young skateboarders who want an introduction to competition. This will be a great boost to our advertising. We have created some new obstacles which has seen an increase in users, we are still applying for grants to try and refurbish the whole indoor section of the park. ## **Events** Bens Jam / Mini Ramp Champs This years plan is to incorporate our two events to achieve a higher attendance and spread the word. We have received support for some large UK companies and this is helping to raise awareness and put us back on the map, these evens also benefit local business such as B&B's, caravan sites etc too. The new trustees are still working very well as a team and everyone is very eager to push the park forward in the future. We are looking into several funding pots to enable us to refurb the internal layout, we are looking to approach this in phases to make it more achievable. We will continue with workshops and facility improvements as funds allow. User numbers are continuing to rise and as we re style the indoor layout we think this will give us a massive boost. Page 1 **LINCOLNSHIRE EXTREME SPORTS ASSOCIATION** ## **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 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** Lincolnshire Extreme Sports Association was formed in October 2000. We are a registered charity (Charity Number: 1108889) and company limited by guarantee (Business Number 5737359). We are a non profit organisation with our main purpose being to provide a range of healthy, social, recreational, cultural and sporting activities to all ages and abilities especially young people living in areas of multiple deprivation and rural isolation. Lincolnshire Extreme Sports Association was formed in October 2000 following three long years of highlighting to the authorities that there was a real need to provide facilities to cater for extreme sports within Lincolnshire. The popularity of extreme sports is growing at a fantastic rate, not only in the county but also in the country. The UK has seen a significant rise in the number of people of all ages becoming enthusiasts of wheeled sports, with many groups keen to try and develop a facility within their particular area. 1.6 million pounds of investment has been successfully secured from a range of partners in order to situate the facility on its current location: Skegness Town Council East Lindsey District Council Lincolnshire County Council Lincolnshire Enterprise (EMDA) East Lindsey Crime Disorder Partnership New Opportunity Fund European Regional Development Fund WREN Sport England Active England programme Children's Links Big Lottery Fund Coastal Action zone Coastal Regeneration Partnership Youth Capital Fund Community Sustainable Energy programme Low Carbon Buildings Programme Garfield Western Foundation Centrica Tesco **Significant activities CURRENT OPENING HOURS/PRICES** Term Time Weds 5pm - 9pm Thursday 6-7pm Saturdays 10am - 2pm and 2pm - 6pm Sundays 12pm - 4pm School Holidays Monday-12pm - 4pm Tuesday closed Wednesday 5pm - 9pm Thursday 12pm - 4pm Friday 12pm - 4pm Saturday 10am - 2pm and 2pm - 6pm Sunday 12pm - 4pm Prices: At time of submitting report are Non Members £10 per session and Members £7 per session. We also offer a great range of equipment for hire at £2 per session. Page 2 **LINCOLNSHIRE EXTREME SPORTS ASSOCIATION** ## **Report of the Trustees for the year ended 31 March 2025** ## **Achievements and performance** ## **Charitable activities** Lincolnshire Extreme Sports Association's marketing message is to promote the centre as a unique facility and opportunity for people of all ages, backgrounds and abilities to take part in a range of extreme sports, cultural opportunities and artistic experiences. Extreme sports have continued to grow steadily over the past years and participation is now at an all time high and as popular as ever making them the highest participation sports today. LESA will continue to market the centre as one of the UK's only purpose built, all year round, indoor and outdoor wheeled sports facility, that is of National and International competition standard and which attracts the top competitors, companies and sponsors, not only to the facility, but also into the local community. It will continue to have a huge impact in relation to sporting opportunities and in raising the profile of these sports as well as continuing to provide a number of opportunities for local people to progress in their chosen activity. In terms of promotion, X-Site Skatepark has a dedicated website which is updated regularly to keep user information up to date. We also have a large presence on all of the social media sites such as Facebook and Instagram. All of these things are constantly linked to provide content updates on what is happening at the skatepark. The current facility also receives coverage in the local media occasionally; this is an area that the association sees as needing to be developed further in order to generate local interest and support. The flyers and leaflets that LESA currently distribute will continue to be key in order to continue to tap into the visitor and local markets. The regional and national events we are involved in are regularly featured on leading websites and forums, publications and video sharing sites, with a large selection of edits on Youtube ranging from amateur to professional standards. This is a fantastic way of showcasing our facility. ## **Financial review** ## **Financial position** We aim to build our current financial position aw we attract new members.As mentioned in the chairman's report, our aim is to seek more funding to allow us to grow attract more visitors and event sponsors ## **Future plans** While we have achieved a great amount of improvement last year including new CCTV, Lightning etc, the facility is still in need of an new internal arena layout, we are looking at funding to re paint the frontage of the building and re brand, with new logos. We are always looking to attract new funders, the current product consists of the indoor and outdoor skatepark. Many current users are content with the facility as it is and visit regularly and repeatedly. We feel confident we can achieve and deliver future growth for the skatepark and look forward to offering more for our users in the future. The continued use of X-Site Skatepark shows the need for further development and we are planning to introduce more workshops both for young children and adults of all walks of life. X-Site Skatepark continues to look into ways to reduce our environmental footprint, having already installed LED lighting. We are currently investigating several funding pots which will enable to offer a variety of new activities including sporting activities and the arts. ## **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. ## **Reference and administrative details Registered Company number** 05737359 (England and Wales) ## **Registered Charity number** 1108889 ## **Registered office** X-Site Skate Park Sea View Pullover Skegness Lincolnshire PE25 1BF Page 3 **LINCOLNSHIRE EXTREME SPORTS ASSOCIATION** ## **Report of the Trustees for the year ended 31 March 2025** ## **Trustees** Mr A Cooke Director Mr M Grant Director Mr J Harris Director Mr R Hurt Director Mr L Pocklington Director Mr L J Roberts Director Mr T Walker Director ## **Company Secretary** ## **Independent Examiner** Max Foreman FCCA Haines Watts 23 Algitha Road Skegness United Kingdom PE25 2AG Approved by order of the board of trustees on 15 December 2025 and signed on its behalf by: Mr T Walker - Trustee Page 4 **Independent Examiner's Report to the Trustees of** **Lincolnshire Extreme Sports Association** ## **Independent examiner's report to the trustees of Lincolnshire Extreme Sports Association ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. ## **Responsibilities 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 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. ## **Independent examiner's 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: 1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. 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 4. the accounts have not been prepared in accordance with the methods 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 Reporting Standard applicable in the UK and Republic of Ireland (FRS 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 understanding of the accounts to be reached. Max Foreman FCCA Haines Watts 23 Algitha Road Skegness United Kingdom PE25 2AG 15 December 2025 Page 5 ## **LINCOLNSHIRE EXTREME SPORTS ASSOCIATION** ## **Statement of Financial Activities for the year ended 31 March 2025** **----- Start of picture text -----**
2025 2024
Unrestricted Restricted Total Total
fund fund funds funds
Notes £ £ £ £
Income and endowments from
-
Donations and legacies 31,884 31,884 20,842
Other trading activities 2 - - - 7,217
Total 31,884 - 31,884 28,059
Expenditure on
-
Raising funds 3,930 3,930 3,639
Charitable activities
Charity activities 33,937 148 34,085 44,869
Total 37,867 148 38,015 48,508
NET INCOME/(EXPENDITURE) (5,983) (148) (6,131) (20,449)
Reconciliation of funds
Total funds brought forward 11,773 593 12,366 32,815
Total funds carried forward 5,790 445 6,235 12,366
**----- End of picture text -----**
The notes form part of these financial statements Page 6 ## **LINCOLNSHIRE EXTREME SPORTS ASSOCIATION** ## **Balance Sheet 31 March 2025** **----- Start of picture text -----**
2025 2024
Unrestricted Restricted Total Total
fund fund funds funds
Notes £ £ £ £
Fixed assets
Tangible assets 7 1,613 445 2,058 2,744
Current assets
Stocks 8 388 - 388 353
Debtors 9 692 - 692 874
Cash at bank and in hand 6,386 - 6,386 11,483
-
7,466 7,466 12,710
Creditors
Amounts falling due within one year 10 (3,289) - (3,289) (3,088)
Net current assets 4,177 - 4,177 9,622
Total assets less current liabilities 5,790 445 6,235 12,366
NET ASSETS 5,790 445 6,235 12,366
Funds 11
Unrestricted funds 5,790 11,773
Restricted funds 445 593
Total funds 6,235 12,366
**----- End of picture text -----**
The charitable company is entitled to exemption from audit under Section 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 with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true 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. 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 15 December 2025 and were signed on its behalf by: Mr T Walker - Trustee The notes form part of these financial statements Page 7 **LINCOLNSHIRE EXTREME SPORTS ASSOCIATION** ## **Notes to the Financial Statements for the year ended 31 March 2025** ## **1. 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 under the historical cost convention. ## **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. ## **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. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **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. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. Other trading activities** |Equipment sales
**3.**
**Net income/(expenditure)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets|**2025**
**£**
**-**
**2025**
**£**
**686**|**2024**
**£**
7,217
**2024**
**£**
986| |---|---|---| Page 8 **LINCOLNSHIRE EXTREME SPORTS ASSOCIATION** **Notes to the Financial Statements - continued for the year ended 31 March 2025** ## **4. 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' expenses** There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. ## **5. Staff costs** The average monthly number of employees during the year was as follows: ## **6.** |**2025**
Administration
**1**
No employees received emoluments in excess of £60,000.
**Comparatives for the statement of financial activities**
**Unrestricted**
**Restricted**
**fund**
**fund**
**£**
**£**
**Income and endowments from**
Donations and legacies
20,842
-
Other trading activities
7,217
-
**Total**
28,059
-
**Expenditure on**
Raising funds
3,639
-
**Charitable activities**
Charity activities
44,665
204
**Total**
48,304
204
**NET INCOME/(EXPENDITURE)**
(20,245)
(204)
**Reconciliation of funds**
Total funds brought forward
32,018
797
**Total funds carried forward**
11,773
593||**2024**
1
**Total**
**funds**
**£**
20,842
7,217
28,059
3,639
44,869
48,508
(20,449)
32,815
12,366| |---|---|---| Page 9 **LINCOLNSHIRE EXTREME SPORTS ASSOCIATION** ## **Notes to the Financial Statements - continued for the year ended 31 March 2025** ## **7. Tangible fixed assets** |**7.**
**Tangible fixed assets**||| |---|---|---| |**Cost**
At 1 April 2024 and 31 March 2025|**Plant and**
**machinery**
**£**
**115,338**|**Fixtures**
**and**
**fittings**
**Totals**
**£**
**£**
**40,975**
**156,313**| |**Depreciation**
At 1 April 2024
Charge for year|**113,894**
**361**|**39,675**
**153,569**
**325**
**686**| |At 31 March 2025|**114,255**|**40,000**
**154,255**| |**Net book value**
At 31 March 2025|**1,083**|**975**
**2,058**| |At 31 March 2024|1,444|1,300
2,744| |**8.**
**Stocks**
Stocks||**2025**
**2024**
**£**
**£**
**388**
353| |**9.**
**Debtors: amounts falling due within one year**
Prepayments and accrued income||**2025**
**2024**
**£**
**£**
**692**
874| |**10.**
**Creditors: amounts falling due within one year**
Trade creditors
Accruals and deferred income||**2025**
**2024**
**£**
**£**
**1,512**
475
**1,777**
2,613| |||**3,289**
3,088| |**11.**
**Movement in funds**
**Unrestricted funds**
General fund
**Restricted funds**
Restricted|**At 1/4/24**
**£**
**11,773**
**593**|**Net**
**movement**
**in funds**
**At 31/3/25**
**£**
**£**
**(5,983)**
**5,790**
**(148)**
**445**| |**TOTAL FUNDS**|**12,366**|**(6,131)**
**6,235**| Page 10 **LINCOLNSHIRE EXTREME SPORTS ASSOCIATION** ## **Notes to the Financial Statements - continued for the year ended 31 March 2025** ## **11. Movement in funds - continued** Net movement in funds, included in the above are as follows: |**Incoming**
**resources**
**£**
**Unrestricted funds**
General fund
**31,884**
**Restricted funds**
Restricted
**-**|**Resources**
**expended**
**£**
**(37,867)**
**(148)**|**Movement**
**in funds**
**£**
**(5,983)**
**(148)**| |---|---|---| |**TOTAL FUNDS**
**31,884**|**(38,015)**|**(6,131)**| |**Comparatives for movement in funds**
**At 1/4/23**
**£**
**Unrestricted funds**
General fund
32,018
**Restricted funds**
Restricted
797|**Net**
**movement**
**in funds**
**£**
(20,245)
(204)|**At 31/3/24**
**£**
11,773
593| |**TOTAL FUNDS**
32,815|(20,449)|12,366| |Comparative net movement in funds, included in the above are as follows:
**Incoming**
**resources**
**£**
**Unrestricted funds**
General fund
28,059
**Restricted funds**
Restricted
-|**Resources**
**expended**
**£**
(48,304)
(204)|**Movement**
**in funds**
**£**
(20,245)
(204)| |**TOTAL FUNDS**
28,059|(48,508)|(20,449)| Page 11 **LINCOLNSHIRE EXTREME SPORTS ASSOCIATION** ## **Notes to the Financial Statements - continued for the year ended 31 March 2025** ## **11. Movement in funds - continued** A current year 12 months and prior year 12 months combined position is as follows: |**At 1/4/23**
**£**
**Unrestricted funds**
General fund
32,018
**Restricted funds**
Restricted
797|**Net**
**movement**
**in funds**
**At 31/3/25**
**£**
**£**
(26,228)
5,790
(352)
445| |---|---| |**TOTAL FUNDS**
32,815|(26,580)
6,235| |A current year 12 months and prior year 12 months combined net movement in funds,
**Incoming**
**resources**
**£**
**Unrestricted funds**
General fund
59,943
**Restricted funds**
Restricted
-|included in the above are as follow
**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
(86,171)
(26,228)
(352)
(352)| |**TOTAL FUNDS**
59,943|(86,523)
(26,580)| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ## **12. Related party disclosures** There were no related party transactions for the year ended 31 March 2025. Page 12 **LINCOLNSHIRE EXTREME SPORTS ASSOCIATION** ## **Detailed Statement of Financial Activities for the year ended 31 March 2025** **----- Start of picture text -----**
2025 2024
£ £
Income and endowments
Donations and legacies
Donations 590 300
Membership fees 28,794 20,542
Grants 2,500 -
31,884 20,842
Other trading activities
-
Equipment sales 7,217
Total incoming resources 31,884 28,059
Expenditure
Other trading activities
Opening stock 353 355
Purchases 3,965 3,637
Closing stock (388) (353)
3,930 3,639
Charitable activities
Wages 13,783 13,625
Rates and water 1,343 1,248
Insurance 4,711 6,142
Light and heat 6,865 9,434
Telephone 508 707
Postage and stationery - 258
Advertising 98 11
Sundries - 160
Cleaning and waste disposal 436 171
Prizes 250 1,500
Legal and professional fees 198 393
Credit card charges 89 894
PAYE interests - 4
Training 259 150
28,540 34,697
Support costs
Management
Depreciation of tangible and heritage assets 686 985
Information technology
Repairs and renewals 3,216 7,236
Licences and subscriptions 443 601
3,659 7,837
Governance costs
Accountancy and legal fees 1,200 1,350
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This page does not form part of the statutory financial statements Page 13 **LINCOLNSHIRE EXTREME SPORTS ASSOCIATION** ## **Detailed Statement of Financial Activities for the year ended 31 March 2025** **----- Start of picture text -----**
2025 2024
£ £
Total resources expended 38,015 48,508
Net expenditure (6,131) (20,449)
**----- End of picture text -----**
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