Charity registration number: 1115068
Lanivet Parish Sport and Recreational Trust
(An Unincorporated Charity)
Annual Report and Financial Statements
for the Year Ended 31" December 2024

Lanivet Parish Sport and Recreational Trust
Contents
Reference and Administrative Details
Trustees, Report
Independent Examiner's report
Statement of financial activities
2to4
Balance Sheet
Notes to the financial statements
8t016

Lanivet Parish Sport and Recreational Trust
Reference and Administrative Details
Charity name
Lanivet Parish Sport and Recreational Trust
Charity registration number
1163534
Principal office
The One for All Lanivet Parish Community Centre
Carters Parc
Rectory Road
Lanivet
Cornwall
PL30 5HG
Registered office
The One for All Lanivet Parish Community Centre
Carters Parc
Rectory Road
Lanivet
Cornwall
PL30 5HG
Trustees
Stephen Angwin
David Carter
Richard Gibbons
Michael Hancock
Andrew Harris
Peter Old (Chairnian)
Secretary
Sue Carthew
Treasurer
Julie Angwin
Bankers
Lloyds Bank
14 Molesworth Street
Wadebridge
PL27 7DE
Independent Examiner
Danny Batten BSC. FCPFA DMS
Kingfisher House
Truro Road
Lanivet
Cornwall
PL30 5HF
Page I

Lanivet Parish Sport and Recreational Trust
Trustee Report
The trustees present their annual report and the financial statements of Lanivet Parish Sport and
Recreational Trust for the year ended 31 December 2024.
The accounts comply with the Charities Act 2011, the Memorandum and Articles of Association and
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard 102 applicable in the UK
and Republic of Ireland (FRS 102) effective l January 2015.
Governance, Structure & Management
The charity is controlled by its governing document, a deed of trust dated 22. June 2006, and
constitutes an unincorporated charity.
The charity is currently run by a Management Committee of 6 Trustees (the minimum number is 3) and
3 other members, who are appointed for 3 years. The Trust meets 12 times a year
The Trustees and members are recruited by way of their wide range of expertise to enhance the
decision making of the Trust.
Objectives & Activities
The objects of the Trust are:
To promote for the benefit of Lanivet and the surrounding area the provision of facilities for recreation
or other leisure time occupation of individuals who have need of such facilities by reason of their
youth, age, infirniity or disablement, financial hardship or social and economic circumstances or for the
community at large in the interests of social welfare and with the objects of improving the conditions of
life of the said inhabitants
Public benefit
The Trustees are satisfied that the Charity meets the public benefit through their objectives in
consideration of the following:
The Charity operates the One for All Lanivet Parish Community Centre (which commenced
operations in April 2018) aimed at delivering the following outcomes.
Increased social interaction will result in elderly members of the community being less
isolated and their well-being will be improved.
Young people will be engaged in the local community and less inclined toward
antisocial behaviour and feel empowered to contribute to community life.
Local people will tackle local issues and create greater community cohesion and
resilience
Page 2

Lanivet Parish Sport and Recreational Trust
Trustee Report
Achievements and Performance
2024 was a year of consolidation for the Community Centre with no major capital projects. This gave
us the opportunity to review the state of the buildings after 6 years of extensive use and to carry out
repairs such as repainting the whole building.
The Lanivet Hub continued to grow and increase the number of volunteers The Hub continues to run as
a "warn]th bank" to provide affordable food and a warn] space during the winter months.
The centre continues to provide vital services to the public including, hearing tests, dementia activities,
epilepsy clinics, counselling, pain clinics
The transport service continued to grow with both vehicles being in constant use, the Minibus carried
885 passengers on 64 trips with 25 member organisations. The electric vehicle delivered 301
prescriptions, 106 medical appointments and 190 other trips and carried a total of 520 passengers in the
year.
We continue to operate and emergency grant scheme and working with other agencies in Bodmin and
the surrounding area the need for these grants has dramatically increased over the winter period. In
2024 94 grants were given out amounting to £11,990.
The Trust was successful in obtaining grants to the value of £61,577 from Volunteer Cornwall, the
Governments Levelling Up and the Cornwall Community Foundation.
Page 3

Lanivet Parish Sport and Recreational Trust
Trustee Report
Financial Review
Income for the year of £199,448 (2023 £212,468), represented by a reduction in capital grants offset
with the increase in income from the Lanivet Hub.
Expenditure was £225,336 (2023 190,034) with the increase being catering purchases, extra costs of
running the community centre, repairs and upkeep to the building and additional depreciation charges.
Reserves policy.
The organisation aims to hold 6 months, worth of minimal running costs of the new facility calculated
at £13,000, as an unrestricted reserve. The current value of £159,780 is well above this figure.
b the Board and signed on its behalf by:
Approve
Peter Old, Chaim]an
Date 9 September 2025
Page 4

Independent Examiner's Report to the Trustees of
Lanivet Parish Sport and Recreational Trust
I report on the accounts of the charitable company for the year ended 3 1st December 2024, which are set out on
pages 6 to 16.
Respective responsibilities of trustees and auditors
The trustees are responsible for preparing the Trustees, Annual Report and the financial statements in
accordance with applicable law and the United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act
2011 (the Charities Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit and is eligible for independent examination it is
my responsibility to:
examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions given by the Charity Commission (under
section 145(5)(b) of the Charities Act, and
to state whether particular matters have come to my attention.
Basis of Independent Examiner's Statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An
examination includes a review of the accounting records kept by the charity and a comparison of the accounts
presented with those records. It also includes consideration of any unusual items or disclosures in the accounts,
and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not
provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether
the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement
below.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention to indicate that:
accounting records have not been kept in accordance with section 386 of the Companies Act 2006;
the accounts do not accord with such records:
where accounts are prepared on an accruals basis, whether they fail to comply with relevant accounting
requirements under section 396 of the Companies Act 2006, or are not consistent with the Charities SORP
(FRS102)
any matter which the examiner believes should be drawn to the attention of the reader to gain a proper
understanding of the accounts.
Date: 9 September 2025
D. M. Batten BSC. FCPFA DMS
Kingfisher House, Truro Road,
Lanivet, Cornwall PL30 5HF
Page 5

Lanivet Parish Sport and Recreational Trust
Statement of Financial Activities for the Year Ending 31" December 2024
Restricted
income
funds
Prior
year
funds
Unrestricted
funds
Total
funds
Income
Income and
endowments from:
Donations and
legacies
Charitable activities
Investments
Total
Expenditure
Expenditure on:
Charitable activities
1,403
174,884
1,403
198,042
4,029
208,436
23,158
176,290
23,158
199,448
212,468
184,763
184,763
40,573
40,573
225,336
225,336
190,034
190,034
Total
Net movement infunds
(8,473)
(17,415)
(25,888)
22,434
Reconciliation of
funds..
Total funds brought
forward
Totalfunds carried
forward
168,253
846,528
1,014,781
992,347
159,780
829,113
988,893
1,014,781
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 8 to 16 fom] an integral part of these financial statements.
Page 6

Lanivet Parish Sport and Recreational Trust
Balance Sheet as at 31st December 2024
2024
2023
Note
Tangible Assets
962,741
989,826
Current Assets
Debtors
Cash at bank and in hand
10
9,736
23,255
32,991
10,754
30,344
41,098
Creditors: Amounts falling
due within one year
Net current assets
Net assets
11
(16,143)
(6,839)
26,152
988,893
24,955
1,014,781
The funds of the charity:
Restricted funds
14
829,113
846,528
Unrestricted funds
Unrestricted income funds
Designated Fund
Total unrestricted funds
159,780
168,253
159,780
168,253
Total charity funds
988,893
1,014,781
Approved by the Trustees on..
.9 September 2025
Signed .
Peter Old, Chairn]an
The notes on pages 8 to 16 forn] an integral part of these financial statements
Page 7

Lanivet Parish Sport and Recreational Trust
Notes to the Financial Statements for the Year Ended 31, December 2024
l. Accounting policies
Basis of accounting
The accounts have been prepared under the historical cost convention and in accordance with the
Statement of Recommended Practice: Accounting and Reporting by Charities preparing their
accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS102) issued on 16th July 2014 and the Charities Act 2011.
The financial statements are prepared in sterling, which is the functional currency of the charity.
Monetary amounts in these financial statements are rounded to the nearest £.
The charity constitutes a public benefit entity as defined by FRS 102.
Fund accounting policy
Unrestricted income funds are general funds that are available for use at the trustees, discretion in
furtherance of the objectives of the charity.
Restricted fiinds are those donated for use in a particular area or for specific purposes, the use of
which is restricted to that area or purpose
Further details of each fund are disclosed in note 14.
Income
There has been no offsetting of assets and liabilities, or income and expenses, unless required or
pern]itted by the FRS102 SORP or FRSIO2.
Donations are recognised where there is entitlement, certainty of receipt and the amount can be
measured with sufficient reliability.
Income from tax reclaims are included in the statement of financial activities at the same time as
the gift to which they relate when there is a valid declaration from the donor.
Investment income is recognised on a receivable basis.
Income from charitable activities includes income recognised as earned (as the related goods or
services are provided) under contract.
Expenditure
Liabilities are recognised as soon as there is a legal or constructive obligation committing the
charity to the expenditure. All expenditure is accounted for on an accruals basis and has been
classified under headings that aggregate all costs related to the category.
Page 8

Lanivet Parish Sport and Recreational Trust
Notes to the Financial Statements for the Year Ended 31st December 2024
. continued
Costs of raising funds are the costs associated with attracting voluntary income and the costs of
trading for fundraising purposes.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its
activities and services for its beneficiaries. It includes both costs that can be allocated directly to
such activities and those costs of an indirect nature necessary to support them along with
governance costs. Governance costs include costs of the preparation and examination of the
statutory accounts, the costs of trustee meetings and the cost of any legal advice to trustees on
governance or constitutional matters.
Support costs
Support costs are those incurred directly in support of expenditure on the objects of the charity
and include project management.
Fixed assets
Individual fixed assets costing £250 or more are initially recorded at cost
Depreciation
Depreciation is provided on tsngible fixed assets so as to write off the cost or valuation, less any
estimated residual value, over their expected useful economic life as follows:
2 % straight line
15 % straight line
20 % straight line
25 % straight line
Land & Buildings
Plant and machinery
Motor Vehicles
Office Equipment
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount
offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short terni highly liquid investments with a short
maturity of three months or less from the date of acquisition or opening of the deposit or similar
account.
Page 9

Lanivet Parish Sport and Recreational Trust
Notes to the Financial Statements for the Year Ended 31" December 2024
. continued
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from
a past event that will probably result in the transfer of funds to a third party and the amount due to
settle the obligation can be measured or estimated reliably. Creditors and provisions are norn]ally
recognised at their settlement amount after allowing for any trade discounts due.
Financial instruments
The trust only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and
subsequently measured at their settlement value with the exception of bank loans which are
subsequently measured at the carrying value plus accrued interest less repayments. The financing
charge to expenditure is at a constant rate calculated using the effective interest method.
Operating leases
Rentals payable under operating leases are charged in the statement of financial activities on a
straight-line basis over the lease tern].
2. Income
2.1. Donations and Legacies
Unrestricted
funds
Restricted
income
funds
Total
funds
Prior
year
funds
Appeals and Donations
Gift Aid Tax Reclaimed
1,403
1,403
4,029
1,403
1,403
4,029
Page 10

Lanivet Parish Sport and Recreational Trust
Notes to the Financial Statements for the Year Ended 31" December 2024
2.2. Charitable Activities
Unrestricted
funds
Restricted
income
funds
Total
funds
Prior
year
funds
Grants
Volunteer Cornwall
Levelling Up Fund
Cornwall Community Foundation
Awards for All
Active Cornwall
National Grid
Football Foundation
Energy Grants
Other Grants
Total Grants
Other Income
Lanivet United Charity
Fundraising Income
Room Hire
Pitch Hire
Sales
Transport
Other Income
18,000
18,000
23,158
16,000
21,500
22,873
15,000
9,600
3,380
9,920
1,976
2,342
23,158
16,000
896
2,974
550
38,420
896
2,974
550
61,578
23,158
86,591
350
2,189
47,578
12,266
67,562
3,109
3,410
136,464
174,884
350
2,189
47,578
12,266
67,562
3,109
3,410
136,464
198,042
350
2,166
46,290
15,508
44,228
8,657
4,646
121,845
208,436
Total Income
23,158
2.3. Investments
Unrestricted
funds
Restricted
income
funds
Total
funds
Prior
year
funds
Interest on Cash Deposits
Page 11

Lanivet Parish Sport and Recreational Trust
Notes to the Financial Statements for the Year Ended 31" December 2024
3. Expenditure
Unrestricted
funds
Restricted
income
funds
Total
2024
Total
2023
Direct costs
Cost of Fundraising
1,595
1,595
775
1,595
1,595
775
Support costs
Ground Rent
Wages and Salaries
Cleaning& Waste
Insurance
Utilities
Repairs and Maintenance
Catering
Field Upkeep
Telephone
Office Expenses
Transport
Licences & Subscriptions
Grants
Professional Fees
Bank Charges
Sundry Expenses
Depreciation
Total Support Costs
350
62,999
6,405
7,181
8,269
15,662
35,979
4,383
870
592
5,478
2,055
28,648
438
1,041
900
1,919
350
78,406
6,405
7,181
8,269
15,662
35,979
4,383
870
592
5,478
2,055
28,648
438
1,041
900
27,086
350
74,376
4,370
6,353
7,881
9,387
24,853
5,418
866
225
5,162
1,135
19,791
1,381
822
119
26,770
15,406
25,167
183,168
40,573
223,741
189,259
Governance Costs
The independent examination of the charity's
annual accounts
Total Governance Costs
Total Expenditure
184,763
40,573
225,336
190,034
Page 12

Lanivet Parish Sport and Recreational Trust
Notes to the Financial Statements for the Year Ended 31" December 2024
4. Analysis of Grants
During the year a small number of grants were received by the Trust and paid over to
organisations and individuals.
Organisations
Individuals
Emergency Grant (94 payments)
Total
1,115
1,115
11,990
11,990
5. Trustees, remuneration and expenses
No trustee received any remuneration or expenses during the current or previous year.
6. Net expenditure
Net expenditure is stated after charging:
2024
2023
Examiner's remuneration - Independent Examination of the
charity's annual accounts
Depreciation
27,086
27,086
26,770
26,770
7. Employee's Remuneration
The average number of persons employed by the charity during the year was as follows:
2024
2023
Charitable activities
The aggregate payroll costs of these persons were as follows:
2024
2023
Wages and salaries
78,406
74,376
Page 13

Lanivet Parish Sport and Recreational Trust
Notes to the Financial Statements for the Year Ended 31" December 2024
8. Tangible Assets
Land
Plant and Equipment
Total
and
Machinery
Buildings
Total
Cost
As at I'january 2024
Additions (Write offj
As at 31" December2024
1,037,231
24,984
1,062,215
50,304
24,984
25,320
19,449
1,106,984
19,449
1,106,984
Depreciation
As at I" January 2024
Charge for |Year
As at 31" December 2024
93,241
21,244
114,485
13,622
2,582
16,204
10,295
3,259
13,554
117,158
27,085
144,243
Net Book Value
As at I" January 2024
As at 31" December 2024
943,990
947 730
36,682
9 116
9,154
5,895
989,826
962 741
9. Taxation
The company is a registered charity and is, therefore, exempt from taxation.
10. Debtors
2024
2023
Grants
Trade Debtors
9,736
9736
10,754
10754
11. Creditors: Amounts falling due within one year
2024
2023
Capital Creditors
Accruals and Deferred Income
6,839
6,839
16,143
16,143
Page 14

Lanivet Parish Sport and Recreational Trust
Notes to the Financial Statements for the Year Ended 31" December 2024
12. Capital Commitments
2024
2023
Building Contract
13. Related parties
The charity is controlled by the trustees and committee members of the Trust
14. Analysis of funds
At 1st January
2024
Incoming Resources
At 31"
Resources
Expanded December
2024
General Funds
Unrestricted general funds
Designated Minibus fund
Unrestricted income fund
168,253
176,290
(184,763)
159,780
168,253
176,290
(184,763)
159,780
Restricted Funds
Restricted funds spent on capital
not yet amortised to the SOFA
Big Lottery
Awards for All
Sita
Football Foundation
Bernard Sunley Charitable Trust
Garfield Weston Foundation
Cornwall Community Foundation
Playing Fields Legacy Fund
Sport England
Lanivet Parish Council
Lanivet United Charities
DEFRA Acre
Levelling Up Fund
449,331
24,334
97,533
59,858
13,823
27,648
9,224
14,289
66,845
14,629
43,887
9,753
15,374
846,527
(11,678)
(2,076)
(2,535)
(1,556)
(359)
(719)
(2,362)
(371)
(1,737)
(380)
(1,141)
(253)
(15,406)
(40,573)
437,653
22,258
94,998
58,302
13,464
26,929
6,862
13,918
65,108
14,249
42,746
9,500
23,126
829,113
23,158
23,158
Total Funds
1,014,781
199,448
(225,336)
988,893
Page 15

Lanivet Parish Sport and Recreational Trust
Notes to the Financial Statements for the Year Ended 31" December 2024
15. Net assets by fund
Unrestricted
funds
Restricted
income
funds
Total
funds
Prior
year
funds
Fixed Assets
Current Assets
Creditors: Amounts falling
due within one year
Net Assets
133,628
32,991
(6,839)
829,113
962,741
32,991
(6,839) (16,143)
989,826
41,098
159,780
829,113
988,893
1014 781
Page 16