## **ANNUAL REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31ST OCTOBER 2025**
## **CAMP XL**
## **REGISTERED CHARITY NUMBER 1112693**
## **REGISTERED COMPANY NUMBER 5618893**
(Company Limited by Guarantee)
1
## **CONTENTS**
Page 3 Page 4 Page 7 Page 8 Pages 9-15 Page 16
Legal & Administrative Information Report of the Trustees Statement of Financial Activities Statement of Financial Position Notes to the Financial Statements Independent Examiner's Report
2
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**CHARITY NUMBER** 1112693 **COMPANY REGISTRATION NUMBER** 05618893 **DATE OF INCORPORATION** 10th November 2005 **START OF FINANCIAL PERIOD** 1st November 2024 **END OF FINANCIAL PERIOD** 31st October 2025 **TRUSTEES AT 31ST OCTOBER 2022** Helen McNeely John Martin Jeremy Smith Philip Peddar Carrie Dow
**COMPANY SECRETARY** Jeremy Smith **GOVERNING DOCUMENT** Memorandum and Articles of Association Dated 10th November 2005 **OBJECT** The Charity’s object is to advance the Christian faith in accordance with the Statement of Faith, primarily, but not exclusively, among young people, and through the provision of residential activities, training conferences, and such other programmes as the trustees may determine will assist in achieving the Object.
## **OBJECT**
**REGISTERED ADDRESS** Gaines Manor Gaines Road Whitbourne Herefordshire WR6 5RD
## **BANKERS**
Lloyds TSB Bank Plc 3 St. George's Road Wimbledon, London SW19 4DR
## **INDEPENDENT EXAMINER**
Mr Edwin Davidson
3
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST OCTOBER 2025**
The trustees of Camp XL present their report in conjunction with the financial statements for the year ended
31 October 2025. The trustees of the company serve also as its trustees under the terms of the Charities Act 2011.
## **Status and Objectives**
Camp XL is a registered charity as well as a private company limited by guarantee.
Camp XL was established in 2005 to promote evangelical youth camps in the UK. It seeks to do this by hosting its own residential camps, as well as by supporting the work of others in this field in whatever way the trustees deem appropriate.
The Charity’s articles were reviewed and modified in October 2021 with the approval of the Charity Commission, to more accurately align its written objectives with the intent of its founders and current Trustees.
The Charity’s object is to advance the Christian faith in accordance with its published statement of faith, primarily, but not exclusively, among young people, and through the provision of residential activities, training conferences, and such other programmes as the trustees may determine will assist in achieving this objective.
As a result of the same review of its articles, membership of the Charity is now open only to its trustees. Each of these is now admitted as a member automatically on being appointed and ceases being a member on ceasing to be a Trustee.
The liability of the members in the event of winding up is limited to an amount not exceeding £10 per member.
## **Risk Assessment and Reserves Policy**
The trustees periodically assess the major risks to which the Company is exposed and are satisfied that systems and procedures are in place to mitigate the resulting exposure.
The trustees have deemed it prudent to build a modest reserve fund to provide for unforeseen urgent needs that may arise specifically with the running of the Gaines Manor Christian Activity Centre, and to provide for the statutory obligations arising out of our employment of staff there. The process of building this reserve is now underway; and will continue at the trustees‘ discretion.
Given the nature of the charity’s operations, the most significant risk to which the charity is exposed is that resulting from legal public liability to third parties; specifically, injury, abuse or death of an individual attending one of the charity’s programmes. The trustees minimize these risks in a number of ways, including the following:
- An annual review of our child protection policy
- Conducting full risk assessments of activities and premises
- Ensuring only properly trained/qualified suppliers are used to run certain activities, and obtaining from them proof of licences and insurance.
- Careful vetting of our volunteers (reference checks and Disclosure & Barring service checks).
- Ensuring all volunteers are thoroughly familiar with and adhere to the Company’s Health & Safety and Child Protection policies and operating practices.
The charity maintains £5 million of public liability insurance.
## **Public Benefit**
The trustees remain satisfied that there continues to be a clear public benefit to justify the charitable status awarded to the Company. This public benefit is evident in the following:
1. Provision of subsidised or free holidays for young people in situations of financial hardship. Total grants disbursed during the year amounted to £375 (2024: £683). In addition, owing to the non-profit nature of the charity and to the fact that our programmes are staffed overwhelmingly by volunteers, even at the full advertised price attendees receive a significant cost-saving compared to commercial providers (a like-for-like comparison shows our prices continue to be approximately 50% that of the UK’s commercial providers.)
4
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST OCTOBER 2025 (continued)**
2. Educating young people of all faiths and backgrounds in the Christian faith and providing them with the means and opportunity to question for themselves aspects of faith, religion in general, and Christianity in particular. Provision of a relaxed setting that invites and encourages the honest exchange of ideas and opinions, and fosters a greater awareness of alternative points of view.
3. Helping young people to develop and mature into responsible and well-rounded adults with a desire to support and serve others both within the Christian community as well as beyond; to show compassion for the less fortunate; to share their time, energy and resources, and to care for our natural environment.
4. Equipping young people to exercise responsibility in all walks of life, and to develop their leadership qualities within the Christian church as well as in the secular world beyond.
5. Encouraging young people to enjoy and benefit from healthy physical activity through the provision of coaching programmes in certain sports and other outdoor pursuits.
## **Review of activities**
The Charity continued to pursue its objectives during the year to 31 October 2025. The charity’s activities fell in to two distinct areas:
## **1. Camps**
The Charity ran a number of residential holiday camps during the school recesses:
“MAYhem” for ages 8-11 over the May bank holiday weekend
“Breakout” and “Escape”, both multi-activity events for ages 11-17 on the summer recess
“Lift-Off”, a taster camps for ages 8-11, also in the summer
All of these ran at or near full capacity, and the Trustees are once again pleased with the reports received from the leaders as to their effectiveness.
## **2. Gaines Manor**
Gaines Manor Christian Activity Centre is a Georgian manor house on the Worcester/Hereford border, and run as a distinct but integral part of the charity’s activities. It has twin objectives: To give young people of all backgrounds access to outdoor holidays where they can explore the Christian faith, and to train and equip others for future work with young people.
The charity uses the centre in three ways:
First, to host residential retreats for church and school youth groups
Second, as a Bible and youth-work training centre for a live-in team of gap-year interns
Third: as a venue for some of our residential camps (see above)
## **Future Plans - Ministry and Programme**
As well as the ongoing review of activity options on offer, the trustees are currently conducting a wide-ranging assessment of the longterm opportunities at Gaines, looking at how best to realise these and place the ministry at Gaines on a secure footing for the next season.
## **3. Financial Summary**
Income during the year exceeded resources expended by £21,708 (2024: £4,823 deficit). As a result Funds Carried Forward increased to £1,624,822.
5
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST OCTOBER 2025 (continued)**
## **4. Support and Thanks**
The trustees wish to express their sincere thanks to the many supporters whose donations, labour and prayer have made our continued ministry possible. We again praise God for His provision and faithfulness during the past year.
## **Basis of Preparation**
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014.
The accounts have been prepared on the going concern basis as the charity has sufficient financial resources to continue for the foreseeable future.
## **Statement of Trustees Responsibilities**
The Charities Act and the Companies Act require the Board of Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to: -
1. select suitable accounting policies and then apply them consistently;
2. make judgements and estimates that are reasonable and prudent;
3. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
4. state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements.
The trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are also responsible for the contents of the trustees’, report, and the responsibility of the independent examiner in relation to the trustees’ report is limited to examining the report and ensuring that on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
I approve the attached statement of financial activities and statement of financial position for the year ended 31st October 2025, and confirm that I have made available all information necessary for its preparation.
Approved by the Trustees on the 24th July 2026
Signed on their behalf by Trustee
Print Name: JEREMY M SMITH
6
Incorporating income and expenditure account
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST OCTOBER 2025**
## **INCOMING RESOURCES**
|Unrestricted
_Notes_
£
**Incoming Resources from Generated Funds**
Voluntary Income
_3a_
81,945
Exceptional Income (Freehold Property)
-
Incoming Resources from Charitable Activities
_3b_
80,484
Bank Interest
660
**TOTAL INCOMING RESOURCES**
**163,089**
**RESOURCES EXPENDED**
Charitable Activities
_4a_
144,036
Governance Costs
_4b_
449
**TOTAL RESOURCES EXPENDED**
**144,485**
**NET INCOMING/(OUTGOING) RESOURCES**
**BEFORE TRANSFERS**
**18,604**
Transfers Between Funds
-
**NET INCOMING/(OUTGOING) RESOURCES**
**18,604**
Total Funds Brought Forward
1,570,509
**TOTAL FUNDS CARRIED FORWARD**
**1,589,113**|Restricted
£
11,263
-
-
-
**11,263**|Restricted
£
11,263
-
-
-
**11,263**|Total year to
31-Oct-25
£
93,208
-
80,484
660
**174,352**
152,195
449
**152,644**
**21,708**
-
**21,708**
1,603,114
**1,624,822**|Total year to
31-Oct-2024
£
92,661
-
84,810
816|
|---|---|---|---|---|
|||||**178,287**|
|||||182,772
338|
||8,159
-||152,195
449||
||**8,159**||**152,644**|**183,110**|
||**3,104**
-||**21,708**
-|**(4,823)**
-|
||**3,104**
32,605||**21,708**
1,603,114|(4,823)
1,607,937|
||**35,709**||**1,624,822**|**1,603,114**|
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages 9 to 15 form part of these financial statements.
7
## **STATEMENT OF FINANCIAL POSITION**
## **As At 31st October 2025**
|_Notes_
**Fixed Assets**
Tangible Assets
_2_
**Current Assets**
Cash at Bank and in Hand
_6_
Debtors & Prepayments
_5_
**Total Current Assets**
**Creditors:**amounts falling due within one year
_7_
**Net Current Assets**
**Total Assets less Current Liabilities**
**Creditors & Long-Term Liabilities:**
amounts falling due in more than one year
_8_
**NET ASSETS**
**Funds of the Charity**
General Funds
_11_
Restricted Funds
_11_
**TOTAL FUNDS**|**31-Oct-2025**
£
**1,681,412**
57,011
14,329
**71,340**
(910)
70,430
**1,751,842**
(127,020)
**1,624,822**
1,589,113
35,709
**1,624,822**|31-Oct-2024
£|
|---|---|---|
|||**1,691,752**|
|||48,252
13,455|
|||**61,707**|
|||(325)|
|||61,382|
|||**1,753,134**|
|||(150,020)|
|||**1,603,114**|
|||1,570,509
32,605|
|||**1,603,114**|
The trustees are satisfied that for the period ended on 31st October 2025 the charitable company was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that no member or members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act. However, in accordance with section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner whose report appears on page 16.
The trustees acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) .
The trustees acknowledge their responsibility for ensuring that the company keeps proper accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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 accounts, so far as applicable to the company.
Approved by the Trustees on the 24th July 2026
Signed on their behalf by Trustee
JEREMY M SMITH
8
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of Preparation**
The financial statements have been prepared in accordance with all applicable accounting standards, as modified by the SORP. The accounts have been drawn up in accordance with the provisions of the Charities (Accounts and Reports) Regulations 2015 and the Companies Acts, and include the results of the charity's operations which are described in the trustees' report, all of which are continuing. In particular, these accounts have been prepared on the accruals and going concern basis, and under the historic cost convention.
Advantage has been taken of Section 396(5) of The Companies Act 2006 to allow the format of the financial statements to be adapted to reflect the special nature of the charity's operation and in order to comply with the requirements of the SORP.
The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement.
The particular accounting policies adopted are set out below.
## **Incoming Resources**
## _**Recognition of Incoming Resources**_
These are included in the Statement of Financial Activities (SOFA) when:
- the charity becomes entitled to the resources;
- the trustees are virtually certain they will receive the resources; and
- the monetary value can be measured with sufficient reliability
## _**Incoming Resources with Related Expenditure**_
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
## _**Grants and Donations**_
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
## _**Tax Reclaims on Donations and Gifts**_
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.
## _**Contractual Income and Performance Related Grants**_
This is only included in the SOFA once the related goods or services has been delivered.
## _**Gifts in Kind**_
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
## _**Donated Services and Facilities**_
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
## _**Volunteer Help**_
The value of any voluntary help received is not included in the accounts.
## _**Investment Income**_
This is included in the accounts when receivable.
## _**Investment Gains and Losses**_
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
9
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2025 (continued)**
## **Expenditure and liabilities**
## _**Liability Recognition**_
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
## _**Governance Costs**_
Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.
## _**Grants with Performance Conditions**_
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.
## _**Grants Payable without Performance Conditions**_
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
## _**Support Costs**_
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of the resources, e.g. allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## _**Investments**_
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.
## _**Assets**_
Tangible fixed assets for use by the charity are capitalised if they can be used for more than one year, and cost at least £1,000. They are valued at cost or, if gifted, at the value to the charity on receipt.
There has been no change to the accounting policies (valuation rules and methods of accounting) during this or the previous financial period.
## _**Depreciation Expense**_
Except for Freehold Land and Buildings, depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives.
With regard to Freehold Land and Buildings, the Trustees consider that the book valuation is conservative and that it takes full account of the various encumbrances in place (see note 3b). Their policy is to not depreciate these assets, but rather to continually review the assessment of market value and depreciate should such assessment ever be lower than the book value.
The per annum rates applied for those assets that are subject to are as follows:
Fixtures and building improvements Motor Vehicles General Equipment
25% Reducing Balance Basis 25% Straight Line Basis 25% Reducing Balance Basis
10
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2025 (continued)**
|**2. TANGIBLE FIXED ASSETS**
Cost at beginning of year
1 Nov 2024
Additions during year
Cost at end of year
31-Oct-25
Depreciation at beginning of year
1 Nov 2024
Current Year Charge
Depreciation at end of year
31-Oct-25
Net Book Value at beginning of year
1 Nov 2024
**Net Book Value at end of year**
**31-Oct-2025**|Motor Vehicles
Fixtures &
Improvements
Plant &
Machinery
Plant &
Machinery
(Restricted)
Appliances &
Equipment
Freehold Land
& Buildings
Total at
31 October
2025
Total at
31 October
2024
£
£
£
£
£
£
£
6,897
126,205
51,931
15,000
6,025
1,645,000
1,851,058
1,846,798
-
-
-
-
1,797
-
1,797
4,260|
|---|---|
||6,897
126,205
51,931
15,000
7,822
1,645,000
1,852,855
1,851,058|
||(6,897)
(110,186)
(31,714)
(8,672)
(1,837)
-
(159,306)
(143,722)
-
(4,005)
(5,054)
(1,582)
(1,496)
-
(12,137)
(15,584)|
||(6,897)
(114,191)
(36,768)
(10,254)
(3,333)
-
(171,443)
(159,306)|
||**-**
16,019
20,217
6,328
4,188
1,645,000
1,691,752
1,703,076|
||**-**
**12,014**
**15,163**
**4,746**
**4,489**
**1,645,000**
**1,681,412**
**1,691,752**|
11
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2025 (continued)**
## **3. INCOMING RESOURCES**
|**3. INCOMING RESOURCES**|||||
|---|---|---|---|---|
|**a) Voluntary Income**
Gifts and Donations
Gift Aid
Other Voluntary Income
**b) Incoming Resources from Charitable Activities**
Accommodation & Activity Fees
Facilities Rental
Shop Sales & Other|Unrestricted
£
71,745
10,162
38
**81,945**
Unrestricted
£
67,089
12,446
949
**80,484**|Restricted
£
11,263
-
-
**11,263**
Restricted
£
-
-
-
-|Total year to
31-Oct-2025
£
83,008
10,162
38
**93,208**
Total year to
31-Oct-2025
£
67,089
12,446
949
**80,484**|Total year to
31-Oct-2024
£
79,465
13,039
157|
|||||**92,661**|
|||||Total year to
31-Oct-2024
£
66,721
16,904
1,185|
|||||**84,810**|
12
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2025 (continued)**
|**4. RESOURCES EXPENDED**
_Note_
**a) Charitable Activities**
Direct Programme Costs
Grants & Bursaries Given
Insurance
Bank & Card Merchant Fees
Advertising & Marketing
Office, Stationery & Postage
Telephone & Internet
IT & Systems
Subscriptions
Property - Rent & Taxes
Utilities
Housekeeping
Repairs & Maintenance
Motor Vehicle Expenses
Small Tools & Equipment
Cost Of Shop Stock
Payroll
10
Payroll Administration
Other Staff Costs & Training
Legal & Consulting
Licenses & Permits
Equipment
Depreciation Expense
Property Service Contracts
**b) Governance Costs**
Regulatory & Filing Costs
Independent Examiner's Fee
**Total Resources Expended**|Unrestricted
£
22,473
375
6,886
304
717
716
2,326
2,021
502
10,650
23,652
2,702
3,526
683
69
2,315
40,092
466
9,614
135
421
-
10,555
2,836|Restricted
£
-
-
-
-
-
-
-
-
-
-
-
-
6,577
-
-
-
-
-
-
-
-
-
1,582
-
**8,159**
-
-
**-**
**8,159**|Total year to
31-Oct-2025
£
22,473
375
6,886
304
717
716
2,326
2,021
502
10,650
23,652
2,702
10,103
683
69
2,315
40,092
466
9,614
135
421
-
12,137
2,836
**152,195**
74
375
**449**
**152,644**|Total year to
31-Oct-2024
£
31,935
683
6,746
422
357
1,077
2,251
1,781
216
6,197
21,770
4,672
20,116
1,868
140
843
53,947
580
6,864
326
432
880
15,584
3,085|
|---|---|---|---|---|
||**144,036**|||**182,772**|
||74
375
**449**
**144,485**|||13
325|
|||||**338**|
||||||
|||||**183,110**|
13
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2025 (continued)**
|
Total
31-Oct-2025
£
**5. CASH AT BANK AND IN HAND**
Cash on Hand
217
Current Accounts
11,849
Savings Accounts
44,945
**57,011**
**6. DEBTORS AND PREPAYMENTS**
Sundry Debtors
4,167
Gift Aid Recoverable
10,162
**14,329**
**7. CREDITORS**
**(amounts due within one year)**
Sundry Creditors
910
**8. LONG TERM LIABILITIES**
**(amounts due in over one year)**
Directors’ Loans_(note 10, below)_
127,020
**9. Staff Costs & Numbers**
There were 2 employees in the reporting period (2023/24: 2)
Salaries
34,312
National Insurance
2,333
Pension Costs (_defined contribution scheme)_
3,447
**40,092**|Total
31-Oct-2025
£
217
11,849
44,945|Total
31-Oct-2024
£
411
7,996
39,845|
|---|---|---|
||**57,011**|**48,252**|
|||416
13,039|
|||**13,455**|
|||325
150,020
46,271
4,058
3,618|
|||**53,947**|
## **10. TRUSTEES AND OTHER RELATED PARTIES**
During the year Camp XL repaid £23,000 (2023/24: £12,000) in long-term loan liabilities to trustee Mr Jeremy Smith. No additional loans were contracted (2023/24: £nil). The loans outstanding were made to assist in the general running costs of the Charity, in furtherance of the Charity's objects. The total loan liability as at the 31st October 2025 was £127,020 (2024: £150,020) as detailed in note 8 of the Reports & Financial Statements.
No other payments were made to trustees or any persons connected with them during this financial period. No other material transaction took place between the organisation and a trustee or any person connected with them.
14
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2025 (continued)**
## **11. STATEMENT OF FUNDS**
The Company is Limited by Guarantee and does not therefore have a Share capital.
|As at 01 November 2024
Incoming resources
Resources expended
Transfer between funds
**As at 31 October 2025**
Represented by:
Fixed assets
Net current assets
Long term liabilities
**Total**|Unrestricted Funds
Restricted Funds
Total
2024/25
Total
2023/24
General
Fund
Designated
Fund
70,509
1,500,000
32,605
1,603,114
1,607,937
163,089
-
11,263
174,352
178,287
(144,485)
-
(8,159)
(152,644)
(183,110)
-
-
-
-
-|
|---|---|
||**89,113**
**1,500,000**
**35,709**
**1,624,822**
**1,603,114**|
||176,666
1,500,000
4,746
1,681,412
1,691,752
39,467
-
30,963
70,430
61,382
(127,020)
-
-
(127,020)
(150,020)|
||**89,113**
**1,500,000**
**35,709**
**1,624,822**
**1,603,114**|
The Designated fund represents the book value of the Freehold of the Gaines site, donated to the Trust in the financial year ended October 2022. The Restricted fund represents grant funding and donations received for the purchase of capital equipment and site redevelopment, less depreciation on those assets.
## **12. TAXATION**
The Company is Limited by Guarantee and is a Charity registered with the Charity Commission number 1112693 and is not, therefore subject to Corporation Tax.
## **13. RISK ASSESSMENT**
The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
## **13. RESERVES POLICY**
The trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily.
## **14. PUBLIC BENEFIT**
The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the trustees’ report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake
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INDEPENDEKf EXAMINEfS REPORT ON THE ACCOUNTS
Reportto Ihetrusteeslmembersof Camp XLontheattountsfortheperknd ended 31st 0cLor 202S set out on pages 9 to 16.
RÈ5Petllve r*sponsSbllltlÈsoltrurtees•nd*M*mlher
TheCharlty'Strusteeslwho ale also thetru5tee501the mnyt01the purposesof comparbv lawl are re5pon5ibl* forthe
preparatlon of the flnantlal statements.
HaYln8sat15fied mysellthat thtcharlty htslds a dlspensatltyn from the reoulrement io audlt, and t5 thell8•Ie for ithdependent
exèminatlon, It Ss my responsibilltyto'.-
Al examSne the accounis under sectlon 145 oltheAci.'
bl to follow the proceduies lahj down In ihe Genefal Dlrecihjns 8lven bytheCh*tltyCommlssknn under sectlon 14515llbl of the
Aei., and,.
Ll to sraie whether partl¢ul4r mallers havecometo myattentloh.
Masl¥ tsllthd*pÈnrtontex•mlnerfsstatem•mt
I conducted my exominatipn in IOrdn whh theGener•l th'rtttN?ns ¢en bytht Charity Commissk+nersfor England & Wale5 In
relatK)n to the condurtina of an independerbt examination. reltrred to above. An Independertt examlnatlon Includes a revlew of
the accounting record5 kept by the Chafity and of the Iontin$ Syrtems employed by the Charity amd a comparlson of ihe
fiTrancial 51Htement5 PfesÈnttd with thosè rÈc0rds. It also ihtludes cor$0erèIaon of ony unusual Itemsor dlsclosures In the fln4nclol
statement5 and 5eekln8 explanations from you as tru5tee5 ¢on¢etnlry such matter5. The PUTP05e of the examlnètlon Is io
esiabllsh as far as possSble that there have beers breaches ol the Charitle5 ¥1$11t10ft and that the financial 5taternents
cornply wlth the SORP. oh • test b•sis. of evlden¢e relev•fi¢ tothe amounts and di5dDsures In the financlal statements.
The procedures undertaken do not provlde all the eence that would be reoulred In an audlt. and Infr•rmatlon supplled by
thè trustees In the toufse of the examln3tlL Is to oudlt tests or enqtslrles. and consequently I do not express
an oudit gplniofi on the vlew 8lven by the fifianclal staiements. and In partlcul¥r, i Èxpiess no oplnlon as to whether the
fSnanclal statemenis 8lve a irue and laIrW ol Ihealtsirs of Iht¢harhy. antt my report t5 Ilmhtd to the matters set out In the
statement below.
I plènned and performed my examlnatlor¢ 50 as io 1Sfy myself th•t the oblettl¥es of the Independent ex•mlfi•tlon are achle¥ed and
before finalisin8tht report l obtained wriiten assurances from the trustee50f all Matt•1 matters.
Ind•pttmd•ntex*mln•¢ist•tem•ni
In ihe course ofmy Èxamin•tion. no m•tter has cometo my •ttentknD'.
whkh 8ive5 me ieasothable tause to bellevÈ ihat ifi any maieri31 resped thetru5teÈs' fequiremenis..
to keep accoufitin8 recoidsln •tttsrd•fite with settKJth 386 of the ComponlesAti 2006,. and
to prepare occounts whkh accord ¥itth ihe accouniln8 rÈtord5. tomply wrth ihe a¢countlll8 requirefflents of sectlon
396 of the Companles Act 2C(16 and with the meth$ and piintiplÈs of the Statement ol recomrnended Prartice.. AccountSng
and ReportinÉ by chai*5 have not been met,. or
tp which. In my opinltsn. eIK)n should drawn in ¢rderio enabk a proper undersl¥ndin8 ofthe actounis io be reached.
Edwln Davidson
24.4 lolL
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