**Charity registration number 1115870 (England and Wales) Company registration number 05603654**
## **MOSELEY PARK AND POOL TRUST**
# **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **MOSELEY PARK AND POOL TRUST**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**Directors** Mr J Middup FCA Mrs R Shaheen Mr M P Eftichiou Mr J Stevens Mr R P Willoughby Ms M Livermore (Appointed 11 February 2025) Mr G Stuttard (Appointed 11 February 2025) **Charity number** 1115870 **Company number** 05603654 **Principal address** The Moseley Exchange 149-153 Alcester Road Moseley Birmingham B13 8JP **Registered office** The Moseley Exchange 149-153 Alcester Road Moseley Birmingham B13 8JP **Independent examiner** M T Manley & Co Limited 696 Yardley Wood Rd Billesley Birmingham West Midlands B13 0HY
## **MOSELEY PARK AND POOL TRUST**
## **CONTENTS**
||**Page**|
|---|---|
|Directors' report|1 - 3|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Statement of cash flows|7|
|Notes to the financial statements|8 - 15|
## **MOSELEY PARK AND POOL TRUST**
## **DIRECTORS' REPORT**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
The directors present their report and financial statements for the year ended 31 March 2025. The directors of the company are also trustees of the trust, and the terms "Director" and "Trustee" are used interchangeably in these financial statements.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charitable company's Articles of Association, the Companies Act 2006 and “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 2015)”
The directors have assessed the major risks to which the charitable company is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
## **Objectives and activities**
Moseley Park and Pool is a beautiful green space in the heart of Moseley, owned and managed by a Charitable Trust which aims to maintain the Park and Pool in perpetuity for the recreation, education, health and well-being of all members of the local community.
The Trust aims to:
A1. maintain and enhance the Park and Pool as a green space in an urban environment, providing a suitable habitat for a diverse population of fauna and flora, both for the enjoyment and also the environmental education of the local community;
A2. maintain the Park as a safe, secure, clean and peaceful environment for all users of to enjoy, and for children of all ages to learn about biodiversity and the green environment;
A3. provide facilities for general relaxation and recreation together with specific recreational activities in the Park, currently tennis, angling and yoga, to be reviewed from time to time by the Trust, subject to the relevant agreements in place with the providers of these activities;
A4. recognise the cultural and ethnic diversity of the local neighbourhood and through engagement with the community, encourage the widest possible use of the Park by providing a green space which is attractive to, and meets the needs of, all members of the community;
A5. ensure that the Park is as accessible as possible to all groups in the local community, including those who may be socially disadvantaged or have limited mobility;
A6. organise and promote open days and other special interest and educational events when the Park is freely accessible to all;
A7. provide opportunities for local organisations, such as schools and youth groups to use the park free of charge for recreational and educational activities;
A8. maintain and where necessary restore the park and its pool to reflect the historic landscape of the area from which it was developed, subject to the availability of funds to carry out these works;
A9. seek funding which is complementary to the core subscription income to improve the infrastructure and facilities in the park, consistent with maintaining the resource as a ‘hidden gem’ in a residential urban area;
A10. Engage with the Park’s subscribers and other members of the local community on the work of the Trust and discuss future plans for the Park
The directors have paid due regard to guidance issued by the Charity Commission in deciding what activities the charitable company should undertake. The charitable company has no employees.
## **Financial review**
The Park is hugely grateful to its subscribers, volunteers, and the wider community who have generously contributed their time, energy, and financial resources to preserve this natural haven for future generations. We extend our heartfelt thanks to everyone who has supported the Park this year.
- 1 -
## **MOSELEY PARK AND POOL TRUST**
## **DIRECTORS' REPORT**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **Achievements:**
This financial year has seen significant improvements to the physical environment of the Park. We are particularly pleased about:
- Completing the central footpath from the main Alcester Road entrance to the Pool, which makes the site much more accessible for disabled people, older people and visitors with buggies.
- The new accessible activity space and sensory garden, which are popular with visitors of all ages and will allow us to offer more inclusive activities
- The refurbished toilet block, adding new wheelchair -accessible and ambulant cubicles which will be complemented by a new access path soon
- Planting a new community orchard with fruit trees, which we hope will provide enjoyment to Park users for years to come.
## **Future Plans:**
Looking ahead, we are excited to let everyone know about plans for the coming year which include:
- Extending the new footpath towards the Salisbury Road gate
- Improving the edges of existing path and re-landscaping
- Creating a new accessible footpath leading to the refurbished toilet facilities for better access
## **Community Engagement:**
We were delighted to welcome thousands of local people to enjoy our programme of 'Pay what you feel' community nature, arts and wellbeing activities this year. Highlights included our Park Explorers Sensory Trail, The Phoenix Garden Fun Palace, and nature workshops for all ages, covering topics from foraging to blossom crafts to herb magic. We were also pleased to continue to host the hugely popular Mostly Jazz and Moseley Folk & Arts festivals, along with and Little But Live and free visits from local schools and charities via our Community Access Scheme.
## **Financial Health:**
The Trust has maintained its reserves in line with its Reserve Policy in the financial year. Our policy is to have six months of running costs in restricted reserves. The Trustees consider this level necessary and proportionate in light of the high costs associated with maintaining such a large asset and to allow for any unforeseen event or emergency maintenance.
## **Structure, governance and management**
The charitable company is a company limited by guarantee.
The directors who served during the year and up to the date of signature of the financial statements were:
Mr J Middup FCA Mrs R Shaheen Mr M P Eftichiou Mr J Stevens Mrs S Wainwright (Resigned 11 March 2025) Mr R P Willoughby Ms M Livermore (Appointed 11 February 2025) Mr G Stuttard (Appointed 11 February 2025)
- 2 -
## **MOSELEY PARK AND POOL TRUST**
## **DIRECTORS' REPORT**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
Unless the Members decide otherwise, the minimum number of Directors/Trustees is five, and the maximum number is eleven. Directors/Trustees shall be appointed by the Board following successful completion of an appointment process as established by the Board from time to time. Directors/Trustees shall be appointed for a term of three years, or such shorter period as the Board may decide, after which the Director/Trustee may retire or continue. The Directors/Trustees can increase or reduce their number by unanimous agreement.
None of the directors has any beneficial interest in the company. All of the directors are members of the company and guarantee to contribute £1 in the event of a winding up.
The charitable Company is controlled by the Board of Directors/Trustees.
The directors' report was approved by the Board of Directors.
## **Mrs R Shaheen**
Trustee, Director and Chair Dated: 9 December 2025
- 3 -
## **MOSELEY PARK AND POOL TRUST**
## **INDEPENDENT EXAMINER'S REPORT TO THE DIRECTORS OF MOSELEY PARK AND POOL TRUST**
I report to the directors on my examination of the financial statements of Moseley Park and Pool Trust (the charitable company) for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the directors of the charitable company (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the financial statements of the charitable company are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charitable company’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
## **Independent examiner's statement**
Since the charitable company’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of the ICAEW, which is one of the listed bodies.
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 that in any material respect:
- 1 accounting records were not kept in respect of the charitable company as required by section 386 of the Companies Act 2006.
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or
- 4 the financial statements 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 financial statements 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 financial statements to be reached.
## **M T Manley & Co Limited**
696 Yardley Wood Rd Billesley Birmingham West Midlands B13 0HY 9 December 2025
- 4 -
## **MOSELEY PARK AND POOL TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**3**
103,050
69,740
Investments
**4**
2,087
-
Other income
**5**
82,109
-
**Total income**
187,246
69,740
**Expenditure on:**
Charitable activities
**6**
246,286
53,686
**Total expenditure**
246,286
53,686
**Net income/(expenditure) and**
**movement in funds**
(59,040)
16,054
**Reconciliation of funds:**
Fund balances at 1 April 2024
162,797
16,081
**Fund balances at 31 March**
**2025**
103,757
32,135|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
172,790
92,575
3,150
2,087
1,990
-
82,109
59,521
-
256,986
154,086
3,150
299,972
135,991
1,121
299,972
135,991
1,121
(42,986)
18,095
2,029
178,878
144,702
14,052
135,892
162,797
16,081|**Total**
**2024**
**£**
95,725
1,990
59,521|
|---|---|---|
|||157,236
137,112|
|||137,112|
|||20,124
158,754|
|||178,878|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
- 5 -
## **MOSELEY PARK AND POOL TRUST**
## **BALANCE SHEET**
## _**AS AT 31 MARCH 2025**_
|**Notes**
**Fixed assets**
Tangible assets
**12**
**Current assets**
Debtors
**13**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**14**
**Net current assets**
**Total assets less current liabilities**
**The funds of the charitable company**
Restricted income funds
**15**
Unrestricted funds
**16**|**2025**
**£**
1,325
137,563
138,888
(11,335)|**£**
8,339
127,553
135,892
32,135
103,757
135,892|**2024**
**£**
2,582
176,658
179,240
(11,617)|**£**
11,255
167,623|
|---|---|---|---|---|
|||||178,878|
|||||16,081
162,797|
|||||178,878|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the directors on 9 December 2025
Mrs R Shaheen
## **Director**
Company registration number 05603654 (England and Wales)
- 6 -
## **MOSELEY PARK AND POOL TRUST**
## **STATEMENT OF CASH FLOWS** _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**Notes**
**Cash flows from operating activities**
Cash (absorbed by)/generated from
operations
**18**
**Investing activities**
Investment income received
**Net cash generated from investing activities**
**Net cash generated from financing activities**
**Net (decrease)/increase in cash and cash**
**equivalents**
Cash and cash equivalents at beginning of year
**Cash and cash equivalents at end of year**|**2025**
**£**
2,087|**£**
(41,182)
2,087
-
(39,095)
176,658
137,563|**2024**
**£**
1,990|**£**
18,445
1,990
-|
|---|---|---|---|---|
|||||20,433
156,225|
|||||176,658|
- 7 -
## **MOSELEY PARK AND POOL TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
## **Charity information**
Moseley Park and Pool Trust is a private company limited by guarantee incorporated in England and Wales. The registered office is The Moseley Exchange, 149-153 Alcester Road, Moseley, Birmingham, B13 8JP.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charitable company's Articles of Association of Moseley Park and Pool Trust, as amended in 2013, the Companies Act 2006 and “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)” (as amended for accounting periods commencing from 1 January 2016). The charitable company is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the directors have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the directors in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charitable company.
## **1.4 Income**
Income is recognised when the charitable company is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charitable company has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charitable company has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 8 -
## **MOSELEY PARK AND POOL TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
**(Continued)**
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures, fittings & equipment
15% Reducing Balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Impairment of fixed assets**
At each reporting end date, the charitable company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.
If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. An impairment loss is recognised immediately in income/ expenditure for the year, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.
Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately, unless the relevant asset is carried in at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
- 9 -
## **MOSELEY PARK AND POOL TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
## **(Continued)**
## **1.9 Financial instruments**
The charitable company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charitable company's balance sheet when the charitable company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charitable company’s contractual obligations expire or are discharged or cancelled.
## **2 Critical accounting estimates and judgements**
In the application of the charitable company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
- 10 -
## **MOSELEY PARK AND POOL TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **3 Donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
Donations and gifts
103,050
-
Other grants
-
69,740
103,050
69,740|**Total**
Unrestricted
Restricted
funds
funds
**2025**
2024
2024
**£**
£
£
103,050
92,575
-
69,740
-
3,150
172,790
92,575
3,150|Total
2024
£
92,575
3,150|
|---|---|---|
|||95,725|
## **4 Income from investments**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2025**|**2024**|
||**£**|**£**|
|Interest receivable|2,087|1,990|
|**Other income**|||
||**Unrestricted**|**Unrestricted**|
||**funds**|**funds**|
||**2025**|**2024**|
||**£**|**£**|
|Other income|82,109|59,521|
## **5 Other income**
- 11 -
## **MOSELEY PARK AND POOL TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **6 Expenditure on charitable activities**
|||**Charitable**|**Charitable**|
|---|---|---|---|
|||**activities**|**activities**|
|||**2025**|**2024**|
|||**£**|**£**|
||**Direct costs**|||
||Depreciation and impairment|2,916|3,060|
||Charitable expenditure|296,096|133,116|
|||299,012|136,176|
||**Share of support and governance costs (see note 7)**|||
||Governance|960|936|
|||299,972|137,112|
||**Analysis by fund**|||
||Unrestricted funds|246,286|135,991|
||Restricted funds|53,686|1,121|
|||299,972|137,112|
|**7**|**Support costs allocated to activities**|||
|||**2025**|**2024**|
|||**£**|**£**|
||Governance costs|960|936|
||**Analysed between:**|||
||Charitable activities|960|936|
|**8**|**Net movement in funds**|**2025**|**2024**|
|||**£**|**£**|
||The net movement in funds is stated after charging/(crediting):|||
||Fees payable for the independent examination of the charity's financial|||
||statements|-|-|
||Depreciation of owned tangible fixed assets|2,916|3,060|
## **9 Directors**
None of the directors (or any persons connected with them) received any remuneration during the year, and none of them were reimbursed for travelling expenses (2024- were reimbursed nil).
- 12 -
## **MOSELEY PARK AND POOL TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **10 Employees**
The average monthly number of employees during the year was:
|The average monthly number of employees during the year was:|||
|---|---|---|
||**2025**|**2024**|
||**Number**|**Number**|
|Total|-|-|
|There were no employees whose annual remuneration was more than £60,000.|||
## **11 Taxation**
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
## **12 Tangible fixed assets**
|**12**|**Tangible fixed assets**|||
|---|---|---|---|
||||**Fixtures,**|
||||**fittings &**|
||||**equipment**|
||||**£**|
||**Cost**|||
||At 1 April 2024||55,335|
||At 31 March 2025||55,335|
||**Depreciation and impairment**|||
||At 1 April 2024||44,080|
||Depreciation charged in the year||2,916|
||At 31 March 2025||46,996|
||**Carrying amount**|||
||At 31 March 2025||8,339|
||At 31 March 2024||11,255|
|**13**|**Debtors**|||
|||**2025**|**2024**|
||**Amounts falling due within one year:**|**£**|**£**|
||Prepayments and accrued income|1,325|2,582|
- 13 -
## **MOSELEY PARK AND POOL TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **14 Creditors: amounts falling due within one year**
|Other creditors
Accruals and deferred income|**2025**
**£**
5,521
5,814
11,335|**2024**
**£**
5,521
6,096|
|---|---|---|
|||11,617|
## **15 Restricted funds**
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
||**At**|**1 April**|**Incoming**|**Resources**|**At**|**31 March**|
|---|---|---|---|---|---|---|
|||**2024**|**resources**|**expended**||**2025**|
|||**£**|**£**|**£**||**£**|
|||16,081|69,740|(53,686)||32,135|
|**Previous year:**|**At**|**1 April**|**Incoming**|**Resources**|**At**|**31 March**|
|||**2023**|**resources**|**expended**||**2024**|
|||**£**|**£**|**£**||**£**|
|||14,052|3,150|(1,121)||16,081|
## **16 Unrestricted funds**
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
||**At 1 April**|**Incoming**|**Resources**|**At 31 March**|
|---|---|---|---|---|
||**2024**|**resources**|**expended**|**2025**|
||**£**|**£**|**£**|**£**|
|General funds|162,797|187,246|(246,286)|103,757|
|**Previous year:**|**At 1 April**|**Incoming**|**Resources**|**At 31 March**|
||**2023**|**resources**|**expended**|**2024**|
||**£**|**£**|**£**|**£**|
|General funds|144,702|154,086|(135,991)|162,797|
- 14 -
## **MOSELEY PARK AND POOL TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **17 Analysis of net assets between funds**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**At 31 March 2025:**
Tangible assets
7,677
662
Current assets/(liabilities)
96,080
31,473
103,757
32,135
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
**At 31 March 2024:**
Tangible assets
10,122
1,133
Current assets/(liabilities)
152,675
14,948
162,797
16,081
**18**
**Cash (absorbed by)/generated from operations**
**2025**
**£**
(Deficit)/surplus for the year
(42,986)
**Adjustments for:**
Investment income recognised in statement of financial activities
(2,087)
Depreciation and impairment of tangible fixed assets
2,916
**Movements in working capital:**
Decrease/(increase) in debtors
1,257
(Decrease) in creditors
(282)
**Cash (absorbed by)/generated from operations**
(41,182)|**Total**
**2025**
**£**
8,339
127,553
135,892
**Total**
**2024**
**£**
11,255
167,623
178,878
**2024**
**£**
20,124
(1,990)
3,060
(1,419)
(1,330)
18,445|
|---|---|
## **19 Analysis of changes in net funds**
The charitable company had no material debt during the year.
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