Charity Registration No. 1118018
Company Re8iStration No. 05995921 (England and Walesl
SOUTH 8RisfoL SPORTS CENTrE
ANNUAL REPORT AND FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
BUSINESS
ADVISORS
&AceouNTANTS
Premier House
127 Duckmoor Road
Ashton Gate
8ristol
England
BS3 2BJ

SOUTH BRisfoL SPORTS CENTRE
CONTENTS
Pa8e
Company information
Trustees, report
Independent auditor's report
8-12
Consolidated statement of financial activities
13
Consolidated balance sheet
14
Charity balance sheet
15
Statement of cgsh flows
16
Notes to the financial statements
17.39

SOUTH BRISTOL SPORTS CENTRE
LEGAL AND ADMIN15fRATIVE INFORMATION
Trustees
Mr l Laycock
Mr T Smallwood
Mr L West Ichaimianl
Mr G Morris
(Appointed l March 20231
Secretary
Mr J S Laycock
Senior Mana8ement/Leadership Team
Mrm Sach, General Manager
Charity number
1118018
Company number
05995921
ReBlStered office
South Bristol Sports Centre
West Town Lane
Bristol
BS14 9EA
Registered offlce
South Bristol Sports Centre
West Town Lane
Bristol
BS14 9EA
Auditor
TCGroup
Premier House
127 Duckmoor Road
Ashton Gate
Bristol
England
BS3 2BJ
8ankers
Barclays Bank PIC
Newbriek Road
Stoke Gifford
Bristol
BS34 8TN

SOUTH BRISTOL SPORTS CENTRE
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present their report and financial statements for the year ended 31 December 2023.
The financial statements have been prepared in accordance with the accounting polities set out in the notes to
the financial statements and comply with the charitable company's Memorandum of Association, the
Companies Act 2006 and -Accounlin8 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 IFRS 1021~ las amended for accountin8 period5 commencing from I january
20161
Objectives and activitie$
The South Bristol Sports Centre. a non-profit making organisation. was set up in 2006.
Pollcles and objectives
The charity's objectives are..
To advance the edLtcation and health of the general public and. in particular, children and youn8 people
Ihrough the provislon of sportinB. leisure and recreational facilities for the community in or near 8rlstol or
elsewhere
to
develop
their
physical
and
mental
capacities:
and
Other incidental or associated artivities for the benefit of the community-
The charity furthers these objectives by improving and runnin8 the South Bristol Sports Centre, which consists
of playin8 fields, changing rooms and refreshment facilities on both the north and south side of Wesl Town
Lane
the
south
of
8ristol.
The charity has a wholly owned subsidiary. South Bristol Sports CIC, and throughout this report the charity and
Its subsidiary are Collectively referred to as'the 8roup'. South Bristol Sports CIC runs the sport5 centre on behalf
of the charitv.
Strate8ies for achievin8 objectlves
The principal objectlve of the charity is to entourage sporting actNlties in or near Bristol provlding sultable
facilities for as wide a range of sports as is practicable.
After 17 years in operation the Centre has firmly established itself as one of the premier sporting and soclal
venues In Bristol. It is a community hub that provides a diverse range of facilities ranging from outdoor 5POrts
pitches, indoor squash courts. gymnasium, function facilities and a sports bar to a wide range of user groups.
The Centre also offers several programmes to benefit the local community, such as exercise and fitnes5 cla55es,
art projects, dance, and football.
There are also established 8roup5 that utilise the facilities including schools, football and rugby teams and ihe
Robins foundation. The centre is recognised as one of the leading football provision facilities in the country and
has been awarded with the National Recognised Flagship Status.

SOUTH BRISTOL SPORTS CENTrE
TRUSTEES, REPORT IINCLUDING DIRECTORS. REPORT) ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
Site participations levels are high with ovef 4,5c￿ people using the centre each week. Participation in
competitive sport also encourages team building and community cohesion. particularly as the centre also acts
as a meetin8 place and focus for the area.
The Trustee5 tonsider that no-one is unreasonably excluded from the activities of the centre due to inability to
pay for the services and they set prices at a level that is only intended to cover costs and provide for
replacement of assets. They also take account of the etonomic and social structure of the community they
serve.
The Centre has established itself as one which provide5 facilities at a ￿duced rate to local Schools and
Academies and has been extremely successful in tem15 of the provision it offers. With just under 1,000 children
making use of the facilities each week in activities such as inter school leagues, tournaments, courses and
coaching camp5, It is proven to have been successful in providing schools Wlth facilities that they couldn't offer
thernselves.
The charity goes from strength to strength with 2023 seeing continued growth through both utilising the
existing facility and expending the offering.
It is obvlous from the different organisations that now use the Centre how the impact is often much wider than
sport alone, il continues to establish a sense of belonging with the community which 15 Vltally important as we
see communities under increased pressure, manifesting itself in undesirable chararteristiCS.
The Trustees continue to be proud of their established sensory room installed (iuring 2022 and the p•rtnefshlps
bullt with other like-minded organisations, enabling the charity to fulfil the need to serve children and adults
with disabilitie5 in ihe form of a state of the art sensory room.
After the charity successfully restructurin8 a repayment plan for all investors during 2022, we have now proven
to be able to rneet all of their charity's financial commitments to date. providing Trustees with confidence the
current operational structure will support the growth set out within the 2025 budget.
Public benefit
In setting objettives and plannlng for attivities. the Trustees have 8iven due consideration to general guidance
published by the Charity Commission relating to public benefit. includin8 the 8uidance'Public benefit.. running
a charity IPB21'.
The Trustees confirm that they have complied with the requirements of Sertion 17 of the Charities Att 2011 to
have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Risk mana8ement
The Trustees ￿ceIve an updated risk register on a quarterly basis. The risk register contains an action plan to
mitigate the risks identified and the Trustees regularly review the progress of the agreed actions.

SOUTH BRISTOL SPORTS CENTRE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) ICONTINUEDI
FOR THE Y&4R EAIDED31 DECEMBER 2023
Achievements and perforn)an¢e
Financial review
The results for the year are shown in the Consolrdated Statement of Financial Activitie5. During 2023 the
trading company made a profit of £116.16312022- deficit of £40,623) and reduced the negative reserves from
£248.808 at the end of 2022 to £132,645 at the end of 2023.
Based on the current f0￿caSt the Trustees aim for the subsidiary to retum to positive reserves during 2024.
The budget 5how5 suffitient banking facilities to support the required working capital. The Trustees closely
monitor the performance of the business and current performance is in line with these expettations even
though the trading subsidiary was only just started to trade after reopening.
For these reasons. the continued support of our investors and bank the Trustees consider it appropriate to
prepare the accounts on a going concern basis.
The charity'5 subsidiary made a 8ift ald payment to the charity from its profits amountln8 to £NII12022.' £NIII.
Policy on reserves
The group's reserves as at 31 December 2023 amounted to £577.810 12022: £574,5871 of whlch £306,987
12022.. £371,788) related to restricted funds, leaving the syrpltjs of £270.82312022.' 202,7991 in unrestricted
funds. There are no free reseNes Iihose not lied up in fixed assets).
The Trustees have a policy of holding free reserves equal to th￿e months expenditure. It is hoped this level of
reserves can be reached within the next three years.
Investment pollcy and objectives
After the fire, the Trustees in the short term do not plan to invest but focus on the sustainability of the charitv
and repay loans due to investots.

SOUTH BRI￿oI SPORTS CENTRE
TRUSTEES, REPORT IINCWDING DIRECTORS, REPORTI {CONTINUEDI
FOR THE YEAR ENDED31 DECEMBER 2023
Plans for future periods
Aims and key objectives for future periods
After reopening the centre during August 2020 all effort went into ￿bUIlding the community hub and
maximislng every opportunity to create a stable income stream, this was achieved during 2023.
The charity continues to look for opportunities to impact people's lives.
All other opportunities will be considered seriousty, and action taken as appropriate.
Going concern
The Trustee5 are not aware of any material uncertainties that could cast a significant doubt about the group
continuing
to
adopt
the
goin8
concern
basis
accounting.
Due to the centre'5 reputation the Charity'5 been able to obtain grants directly or indirectly through the Robin5
Foundation.
2024 actuals have proven to sutceed the budget providin8 much confidente, the Trltstee's have built a prudent
forecasting models until the end of 2025 to demonstrate the group's sustainability, the continued sUPPOrt of
the charity's investors are fundamental to enable the chaflty to be sustainable.
Structurei governance and management
Nature of 8overnln8 d￿Ument
The charitv 15 registered as a charitable company (charity number 11180181 limited by guarantee and was set
up by a Memorandum of Association dated 13 November 2006. The charity is re8lStered in England and Wales.
The principal object of the charity is to encourage sportin8 activities in or near Bristol by providing Sultable
facilities for as wide a range of sports as is practical.
Trustees:
Mr J Laycock
Mr T Smallwood
MrPSkipp
Mr L West Ichairmanl
Mr G Morris
(Resigned 4 April 20231
IAppointed l March 20231

SOUTH BRISTOL SPORTS CENTRE
TRUSTEES, REPORT IINCLUDING DIRECTORS, REPORT) {CONTINUEDI
FOR THE YEAR ENDED31 DECEMBER 2023
Re¢ruitment and appointment of trusiee5
The following bodies have the right Ibut not obligation) to appoint trustees:
University of the West of England. Bristol. and John Laycock is required to appoint one trustee and may appoint
a further three. All CUr￿nt Trustees have been appointed by John Laycock.
Bristol City Council nominated one individual to attend Trustees, meetings and represent the interests of the
local authorlty, althou8h he is not a Trustee or a member of the charlty.
Induction and training of trustees
New Trustees are provided with appropriate induction and trainin8, considering the nature of the charity. their
previous experiente in the charity sector and their knowledge of the 5POrting activities likely to be cafried out
by the charity.
Arrangements for settSn8 key management pefsannel remuneration
rhe Trustees consider the Board of Trustees and General and Opefational Managers comprise the key
management personnel of the charity in chaf8e of directin& controllin& running and opefatin8 the charity on
day to day basi5.
Trustees glve their time freely whilst they have disclosed all relevant interests and in accordance with the
tharity's policy withdraw from decisions where a conflict of interest arises.
The pay of the subsidiary's General and Operational Managers salarles are reviewed annually and normallv
increased in accordance with average earnin8S. the pay is bench-marked against businesses of a similar size and
nature to ensure that the remuneration set is fair and not out of line with that generally paid for similar roles.
Or8anisatlonal structure
The tharity is governed by the Trustees as stated in this report: there are no sub-committees of the Trustees.
The day-to-day running of the organisation is carried out by the Sports Centre's managers and staff.

SOUTH BRISTOL SPORTS CENTRE
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORn ICONTINUEDI
FOR THE YE4R ENDED 31 DECEMBER 2023
Statement of Trustee5' responsibilities
The trustees, who are also the directors of South Bristol Sports Centre for the purpose of company law, are
responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law
and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice).
Company Law requires the ITU5tees to prepare financial statements for each financial year which give a true
and fair view of the state of affairs of ihe charitable company and of the incom4n8 ￿sourceS and application of
resources, ineludin8 the income and expenditure. of the charitable company for that year.
In preparing these financial statements, the trustees are required to..
select suitable accounting policies and then apply them consistentty-
observe the methods and principles in the Charities SORP;
make judgernents and e5timate5 that are reasonable and prutlent: and
prepare the financial statements on the going concern basis unless il is inappropriate to presume that the will
continue in operation.
The trustees are responsible for keeping adequate accountin8 records that disclose with reasonable accuracy at
ny time the tinancial position of the charitable company and enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the a55ets of the
and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Auditor
The auditors TC GfOUP are deemed to be reappointed under section 487121 of the Companles act 2006.
Dlsclosure of Information to auditor
Each Trustee has taken Steps that they ought to have taken as a Trustee in order to make themselves aware of
any relevant audit information and to establish that the tharity's auditor is aware of that information. The
Trustees confirm that there is no relevant information that they know of and of which they know the auditor is
unaware.
The Trustees have prepared this report in accordance with the provisions applicable to companies subject to
the small companies regime.
The annual report was approved by the Trustees and signed on its behalf by-
Mr L West (Chairman)
Company director and Trustee
Dated.. 24 September 2024

SOUTH BRISTOL SPORTS CENTRE
INDEPENDENT AUOITOR'S REPORT
TO THE TRUSTEES OF SOUTH BRISTOL SPORTS CENTrE
Opinion
We have audited the financial statements of South Bristol Sports Centre (the 'charitable parent company'l and it's
subsidiary Ithe 'group'l for the year ended 31 December 2023 which comprises the Consolidated Statement of
Financial Activsties. Consolidated Balance Sheet. Company Balance Sheet, Consolidated Statement of Cash Flow
and the notes to the financial statements, includin8 a summary of significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United Kin8dom Accountin8
Standards, including Financial Reporting Standard 102 The FinoncAoI Reportin9 Stondord opplicoble in the UK rjnd
Republic of Ireljnd Iunited Kingdom Generally Accepted Accounting Practicel.
In our opSnlon, the financial statements:
give a true and fair view of the state of the group and charitable company's affairs as at 31 December 2023
and of its incoming resources and application of ￿SOurCes. for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
and
have been prepared in accordance with the ￿quirementS of the Companies Act 2006.
Ba515 lor opinion
We conducted our avdit in accordance with International Standards on Auditing IUXI IISAS IUKII and applicable
law. Our responsibilitie5 under those standards are further described in the Auditors responsibilities for the oudit
of the finoncial 5totements section of our report. We are independent of the in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical
Standard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We
believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
We have nothing to report in respect of the fo15owin8 matters in relation to which the ISAS IUKI require us to
report to you where..
the Trustees, use of the 8oin8 concern basis of accountin8 in the preparation of the financial statements is
not appropriate,. or
the trustees have not disclosed In the financial statements any identified material uncertainties that may
cast significant doubt about the group's ability to continue to adopt the going concern basis of accounting
for a period of at least twefve months from the date when the financial statements are authorised for issue.

SOUTH BRisfoL SPORTS CEKfRE
INDEPENDENT AUDITOR'S REPORT ICOTrThNUED)
TO THE TRUSTEES OF SOUTH BRISTOL SPORTS CENTRE
Other Infomiation
The trustees are responsible for the other infomiation. The oihef information comprises the information included
in the annual report, other than the financial 5tatement5 and our auditor'5 report thereon. Our opinion on the
financial statements does not cover the other information and we do not express any form of assurance
conclusion the￿On.
In connection with our audit of the financial 5taternents, our responsibility is to read the other information and, in
doing so, consider whether the other information is materially inconsistent with the financial statements or our
knowledge obtained in the audit or otherwise appeals to be materially misstateil. If we identify such material
inconsistencies or apparent material misstatements. we are required to determine whether there is a material
misstatement in the financial statements or a material misstatement of the other information. If, based on the
work we have performed, we conclutle that there is a material misstatement of this other information, we are
required to report that fact.
We have nothing to report In this regard.
Opinlons on other matters prescribed by the Companies Act 21x16
In our opinion, based on the work undertaken in the course of the audit..
the infoimation given in the trustees. report, which includes the directors. report prepared for the
purpose5 of company law. for the financial year for which the financial statements are prepared is
consistent with the financial statements.. and
the directors. report included within the trustees. report has been prepared in accordance wlth
applicable legal requirement5.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of
the audit, we have not identified material misstatements in the directors, report or the strategic report included
within the trustees, report.
We have nothing to report in respert of the following matters in relation to which the Companie5 Act 2006
reqL4irelsl us to report to you if, in our opinion..
adequate and proper accounting record5 have not been kept, or returns adequate for our audit have
not been received from branches not visited by us.. or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees, remuneration specified by law are not made,. or
the financial Statements are not in agreement with the attounting records and returns; or
certain disclosures of trustees, ￿MuneratIon specified by law are not made,. or
the trustees were not entitled to prepare the financial statements in accordance with the small
companies regime and take advantage of the small tompanies. exemptions in preparing the tru5tee5'
report and from the requirement to prepare a strategic report.

SOUTH BRISTOL SPORTS CENTrE
INDEPENDENT AUDITOR'S REPORT (CONTINUED}
TO THE TRUSTEES OF SOUTH BRI￿oL SPORTS CENTRE
Responsibilities of trustee5
As explained more fully in the statement of Trustees. responsibilities, the trustees. who are also the directors of
the for the purpose of company law. are responsible for the preparation of the financial statements and for being
satisfied that they give a true and fair view. and for such internal control as the trustees determine is necessary to
enable the preparation of financial statements that are free from material misstatement, whether due to fraud or
error.
In preparing the financial statements, the truslees are responsible for assessing the group's ability to continue as
a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of
accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have
no realistic alternative but to do $0.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error. and to 155ue an auditor'5 report that includes our
opinion. Reasonable assurance is a high level of assurance. bul is not a guarantee that an audit conducted in
accordance with ISAS IUKI will always detect a material misstatement when it exist5. Misstatements can arise
from fraud or error and are considered material if. individually or in the aggregate, they could reasonably be
expected to influence the economlc declsion5 of users taken on the basis of these financial statements.
Emtent to whlch the audit was considered capable of detectin8 irre8ularltles. In¢ludlng fraud
The objectives of our audit, in respect to fraud, are: lo identify and assess the risks of material misstatement of
the financial statements due to fraud,. to obtain sufficient appropriate audit evidence regarding the assessed risks
of material misstatement due to fraud. through desi8ninB and implementing appropriate responses,. and to
respond appropriately to fraud or suspected fraud identified during the audil. However, the primary
responsibility for the prevention and detection of fraud rests with both those charged with governance of the
entity and its mana8ernent.
10-

SOUTH BRISTOL SPORTS CENTRE
INDEPENDENT AUDITOR'S REPORT {CONTINUEOI
TO THE TRUSTEES OF SOUTH BRISTOL SPORTS CENfRE
Our approach was as follows..
We identified areas of laws and regulations that could reasonably be expected to have a material effect
on the financial 5taternents from our general sector experience, and through discussion with the
trustees and other management las required by auditing standards), and discussed with the trustees and
other management the policies and procedures regarding compliance with laws and regulations Isee
belowl;
We identified the following areas as those most likely to have such an effect.. health and safety,. General
Data Protection Regulation IGDPRI,. fraud,. bribery and corruption, and employment law. Auditin8
standards limit the required audit procedure5 to identify non-compliat)ce with these laws and
regulations to enquiry of the trustees and other management and inspection of regulatory and legal
correspondence. if any. The identified actual or suspected non-compliance wa5 not Sufficiently
significant to our audit to result in our response being identified as a key audit matter.
We considered the legal and re8ulatory frameworks directly applicable to the flnanclal statements
porting frarnework IFRS 102, the Companies Act 2006 and the Charities Act 20111 and the relevant tax
compliance regulations in the UK,.
We considered the nature of the group's operations, the control environment and financlal
performance.
We communicated identified laws and regulations throughout our team and ￿mained alert to any
indications of non-compliance throughout the audit,.
We considered the procedures and controls that the group has established to address risks identified, or
that otherwise prevent, deter and detect fraud,. and how senior manaBement monitors those
programmes and controls.
Based on this understanding we designed our audit procedures to identify non-compliance with such laws and
regulations. Where the risk wa5 considered to be higher. we performed audit procedures to address each
identified fraud risk. These procedures included testing manual journals; reviewing the financial statement
disclosures and testing lo supporting documentation; performing analytical procedure5,' and enquiring of
management, and were desi8ned to provide ￿aSOnable assurance that the financial statements were free from
fraud or error.
Owing to the inherent limitations of an audil, Ihere is an unavoidable risk that we may not have detected some
material rni55talements in the financial statements. even though we have properly planned and performed our
audit in accordance with auditing standards. For example, the further removed non-compliance with laws and
regulations lirregularitiesl is from the event5 and transactions reflected in the financial statements, the less likely
the inherently limited procedures required by auditing stanilards would identify it. The risk 15 also greater
regarding irregularities occurring due to fraud rather than error. as fraud involves intentional concealment,
forgery. collusion, omission or misrepresentalion. We are not responsible for preventing non-compllance and
cannot be expected to detect non-compliance with all laws and ￿gUlatiOns.
A further description of our responsibilities is available on the Financial Reporting Council's webslte at.. htt
www.frc.o
Our-wor
Audit
Audit-and-assurance
Standards-and-
vidance
Standard5-and- uidance-for-
auditors
Auditors-res
onsibililies-for-audit
Descri
tiorb-of-auditors-res
onsibilities-for-audit.as
description forms part of our auditor's report.
This
Irregularities. including fraud, are instances of non-compliance with laws and regulations. The extent to which our
procedures are capable of detecting irregularities, including fraud, is detailed below.
11

SOUTH BRISTOL SPORTS CEKfRE
INDEPENDENT AUDITOR'S REPORT ICONTINUEDI
TO THE TRUSTEES OF SOUTH BRISTOL SPORTS CENTRE
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with part 4 of the Charities (Accounts
and Reports) Regulations 2CX)8. Our audit work has been undertaken so that we might state to the charity's
trustees those matters we are required to state to them in an auditors, ￿POrt and for no other purpose. To the
fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and
the charity's trustees as a body. for our audit work, for this report, or for the opinions we have formed.
Amanda Kruger FCCA Isenior Statutory Audltorl
for and on behalf of TC Group
Statutory Auditor
Office.. 8ri5tol
Premier House
127 Duckmoor Road
Ashton Gate
Bristol
BS3 2BJ
24 September 2024
12-

SOUTH 8RISTOL SPORTS CENTRE
CONSOUDATED BALANCE SHEEr
AS AT310ECEMBER 2023
2023
2022
Notes
Fixed a55etS
Tangible a55ets
Current assets
Stocks
Debtors
Cash at bank and in hand
1.204.126
1.350.088
15
10,721
28,679
98,251
12.418
23.135
36,445
16
137,651
71,998
CredStors.' amounts fallln8 due wlthln
one year
17
1298,4881
1256,4671
Net current liabilities
1160,8371
1184,4691
Total assets less Current liabllltSes
1,043,289
1,165,619
Credltors: amounts fallln8 due after
more than one year
19
1465.4791
1591,0321
Net assets
577,810
S74.S87
Income funds
Restricted funds- general
Unrestricted funds
306,987
270,823
371,788
202,799
577.810
574,587
These financial statements have been prepa￿d in accordance with the provisions applicable to tompanies subject
to the small companies regime.
The financial Statements were approved by the Trustee5 on 24 September 2024
M¥ L West (Chairman)
Company dirertor and Trustee
Company Registration No. 05995921
14-

SOUTH BRISTOL SPORTS CENTRE
CONSOLIDATED STATEMENT OF FINANCIAL AcnvmES
INCLUDING INCOME AND EXPENDITiJRE ACCOUNT
FOR THE YEAR EAIDED 31 DECEMBER 2023
Unrestricted Restrirted
funds
funds
general
general
2023
2023
Total
funds
Total
funds
2023
2022
Notes
Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Other income
27.c￿0
577.815
693.177
27.000
577,815
693,177
26.304
75,400
523,107
478,944
20,250
26.304
Total income
1.297.992
26.304
1,324,296
1,097,701
endlture on:
Raising funds
1,208.241
1,208,241
996,419
Charitable activlties
48.031
64.801
112,832
114,349
Total resources expended
1.256.272
64.801
1,321,073
1,110,768
Net in¢omlnB/lout8oin81 resources before
transfer5
41,720
138,4971
3,223
113,0671
Gfoss transfets between funds
26.304
126,3041
Net Income/lexpendilure} for the yearl
Net movement in funds
68,024
164.8011
3,223
113,0671
Fund balances at l January 2023
202,799
371,788
574,587
587,654
Fund balances at 31 December 2023
270,823
306,987
577,810
574,587
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derwe from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account
under the Companie5 Act 2006.
13-

SOUTH 8RisfoL SPORTS CENTRE
CHARITY BALANCE SHE
AS AT31 DECEMBER 2023
2023
2022
Notes
Fixed assets
Tangible assets
Investments
12
823.610
930,233
823,611
930,234
Current assets
Debtors falling due within one year
Debtors fallin8 due after one year
Cash at bank and in hand
16
16
117,855
447,586
19,429
117.561
563.971
19.767
584,870
701,299
Creditors.. amounts fallin8 due withln
one year
17
1250.4381
1244,1651
Net current assets
334.432
457,134
Total a$set$ less current Ilabllltles
1.158.043
1,387,368
Creditors.. amounts fallln8 due after
more than one year
19
1447,5861
1563,9721
Net assets
710,457
823,396
Income funds
Restricted fund5 general
Unrestricted funds
306,987
403.470
371.788
451,608
710.457
823,396
These financial statements have been p￿pared in accordance with the provisions applicable to companies subject
to the small companies ￿girne.
The financial statements were approved by the Trustees on 24 September 2024
Mr L West Ichairmanl
Trustee
Company ReElStration No. 05995921
15-

SOUTH BRISTOL SPORTS CENTRE
CONSOLIDATED STATEMENT OF CASH FLO¥VS
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Notes
Cash flows from operating activities
Cash 8enerated from operations
26
214,173
180,699
Investing activities
Purchase of tangible fixed assets
126,8131
186.5741
Net tash used In Investlng actlvltles
126,8131
186,5741
Financln8 actlvltles
Repayment of borrowings
Repayment of bank loans
1116.3871
19.1681
180,9651
110,7851
Net cash used In finan¢ln8 activities
1125,5541
191,7501
Net Increase In cash and cash equivalents
61.806
2,375
Cash and cash equivalents at beginning of year
36.445
34,070
Cash and cash equlvalent5 at end ot year
98.251
36,445
16-

SOUTH BRISTOL SPORTS CENTRE
CONSOLIDATED STATEMENT OF CASH FLOWS ICONTINUEDI
FOR THE YEAR EAIDED 31 DECEMBER 2023
Crltical accounting estimates and judgements
In the application of the 's accounting policies. the trustees a￿ 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 assotiated 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 fvture periods where the revision affect5 both current and future
periods.
Critical area5 of judgement:
The Trustees have made assumptlons around the amount of dep￿CiatIon to charge on the 5.aside pitches,
assuming the lease renewal is granted to extend the lease to 25 years rather than over the remaining 10
years as at the time of capitalisation.
Accounting policies
Charlty Information
The charity is limited by share capital. incorporated in England and wales.
The address of its registered office and principle place of business 15:
West Town Lane
Bristol
BS14 9EA
17-

SOUTH BRISTOL SPORTS CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR fHE YEAR EAIDED 31 DECEMBER 2023
Accounting policies
(Continued)
2.1 Accountin8 convention
Summary of si8nificant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below.
These policies have been consistently applied to all the years presented, unless otherwise stated.
ststement of fompliance
The con501idated financial statements of the group and parent charitable company have been prepared in
accordance with Accounting and Reporting by Charities= Statement of Recommended Practice applicable to
charities preparing their accounts in accordance with the Finantial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffective l January 20151- (Charities SORP IFRS 10211, the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. They also comply with the
Companies Act 2006 and Charities Act 2011.
Basi5 of preparatlon
South Bristol Sports Centre meets the definition of a publlc benefit entity under FRS 102. A55ets and
liabilities are initially recognised at historical costs value unless otherwise stated in the relevant accounting
policy notes.
Business combinations
Business combinations are accounted for under the purchase rnethod. Where necessary, adjustments are
made lo the financial statements of subsidiaries to bring the accounting policies used into line with those
Used by the group. All intra-group transactions, balances, income and expenses are eliminated on
consolidation. In accordance with Section 35 of FRS 102, Section 19 of FRS 102 has not been applied in these
financlal statements In ￿SPeCt of business combinations efferted prior to the date of transition.
The financial statements a￿ p￿pared in sterlin& which is the functional currency of the Charity. Monetary
amounts in these financial statements are rounded to the nearest £.
18-

SOUTH BRISTOL SPORTS CENTRE
NOTES TO THE FINANCIAL STATEMENTS IcoiillNUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies
(Continued)
Basis of consolidation
The consolidated financial statements consolidate the financial statements of the charity and its subsidiary
undertaking5 drawn up to 31 December 2022.
No statement of financial activities is p￿Sented for the charity as permitted by section 408 of the
Cornpanies Act 2006. The tharity made a loss after tax of for the financial year of £112,94012022 - loss ol
£53,690).
A subsidiary is an entity controlled by the charity. Control is achieved where the tharity has the power to
8overn the financial and operating policies of an entity so as to obtain benefits from its activitie5.
The results of subsldiaries acquired or disposed of durin8 the year are included in the statement of financial
activities frorn the effective date of acquisition or up to the effective date of disposal. as appropriate. Where
necessary, adjustments are made to the financial Statements of subsidiaries to bring their accountin8 polices
into line with those used by the group.
The purchase method of accounting is used to account for business combinations that result in the
acqulsition of subsidiarles by the group. The cost of a business combinatlon Is measured as the fair value of
the assets given, equity instruments issued and liabilities incurred or assurned at the date of exthange, plus
costs directly attributable to the bu5ine55 combination. Identifiable assets acquired and liabilities and
contingent liabilities assumed in a business combination are measured initially al their faif values at the
acquisition date. Any exces5 of the tost of the business combination over the acquirer's interest in the net
fair value of the identifiable assets, liabilities and contin8ent liabilities reco8nised is recorded a$ goodwill.
Inter-company transactions. balances and unrealised gains on transartions between the thaiity and its
subsidiaries. which are related parties. are eliminated in full.
Intra-group losses are also eliminated but may indicate an impairment that requires recognition in the
consolidated financial statements.
Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the
policies adopted by the grovp. Non-controlling interests in the net assets of the consolidated subsidiaries
are identified separately from the Broup's equity therein. Non-controlling inte￿stS con51St of the amount of
those interests at the date of the original business combination and the non-controlling shareholder's share
of chan8es in equity since the date of the combination. Total comprehensive income is attributed to non-
controlling interests even if this results in the non-controlling interests having a deficit balance.
19-

SOUTH BRISTOL SPORTS CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICOIfflNUEDI
FOR THE YEAR ENDED31 DECEMBER 2023
Accountin8 policies
(Continued)
2.2 Going concern
The Trustees consider that there are no material uncertainties about the group's ability to continue as a
going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the
group.
The charity continues to further develop new opportunities and widen existing ones. There a￿ several
grant5 available to the Charity and these are bein8 explO￿d further.
The Trustee5 consider these actions positNe and puts them in a stronger position to improve operating
surpluses.
The Trustees have built prudent forecastin8 models until the end of 2025 to demonstrate the 8roup'5
sustainabilitv.
2.3 Charitable funds
Fund structure
Unrestricted income funds are 8eneral funds that are available for use at the trustees discretion in
furtherance of the oblectives of the group.
Restricted income funds are those donated for use in a particular area or for speciflc purposes, the use of
which is ￿$trIcted to that a￿a or purpose.
Fund accounting
General funds are unrestricted funds which are available for use at the dISc￿tion of the Trustees in
furtherance of the general oblectives of the Charity and which have not been designated for other
purposes.
Restricted funds are funds which are to be (tsed in accordance with specific re5triclions imposed by donors
or which have been raised by the Charity for particular purposes. The costs of raising and administering such
funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to
the financial statements.
Restricted funds are subject to specrfic conditions by donors 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
Charity.
-20-

SOUTH BRisfoL SPORTS CENTRE
NOTES TO THE FINANCIAL sfATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies
(Continued)
2.4 Incomin8 resources
lrtcome 8nd endowments
All income is recognised once the Charity has entitlement to the income, it is probable that the income will
be received and the amount of income ￿CeIvable can be measured reliablv.
Donated services OT facilities are recognised when the Charity has control over the item, any conditions
associated with the donated item have been met, the receipt of economic benefit from the use of the
Charity of the item is probable and that economic benefit can be measured ￿lIablY.
On receipt. donated professional services and donated facilities are recognised on the bas15 of the value of
the gift lo the Charity which is the amount the Charity WOLtld have been willing to pay to obtain services or
facilities of equivalent economic benefit on the open market,. a corresponding amount 15 then reco8ni5ed in
expenditure in the period of receipt.
Other income is ￿C08ft1$ed in the period in which it is receivable and to the extent the good5 have been
provided or on completion of the service.
Oonations and le8a¢les
Donations are retogni5ed when the charity has been notified in writin8 of both the amount and settlement
date. In the event that a donation 15 subject to conditions that require a level of performance by the charity
before the charity is entitleil lo the funds, the income is deferred and not recognised until either those
conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and
it is probable that these conditions will be fulfilled in the reporting period.
Grants recelvable
Grants are iecogni5ed when the group has an entttlement to the funds and any condition5 linked to the
grants have been met. Where performance conditions a￿ attached to the grant and are yet lo be mel, the
income is recognised as a liability and included on the balance sheet as defer￿d income to be released.
21

SOUTH BRISTOL SPORTS CENTRE
NOTES TO THE FINANCIAL STATEMEKfs ICOIMNUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policie5
Icontinued)
2.5 Resources expended
Expenditure
All expenditure is ￿Cognised once there is a legal or constructive obligation to that expenditure, it is
probable that settlement is required and the amount can be measured reliably. All costs are allocated to the
applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be direcilv
attributed to particular headings they have been allocated on a basis consistent with the use of resources,
with central staff costs allocated on the basi5 of time spent, and depreciation charges allocated on the
portion of the asset's use. Other support costs are allocated based on the spread of staff costs.
Raising funds
These are cosls incurred in attraciing voluntary income. the management of investments and those Incurred
in trading activities that raise funds.
Charltable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activitie5 and
services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those
costs of an indirect nature netessary to support them.
Support costs
Support costs include central funrtions and have been allocated to activity cost categories on a basis
consistent with the use of resources. for example, allocating property costs by floor area, or per capita, staff
costs by the time spent and other costs by their usage.
Governance costs
These include the costs attributable to the charity's compliance with constitutional and statutory
requirements, including audit, strategic management and trustees, meetings and reimbursed expenses.
2.6 Tan8lble fixed assets
Individual fixed assets costing £250.00 or more are initially recorded at cost, less any subsequent
accumulated depreciation and subsequent accumulated impairment1055e5.
Depreciation 15 recogni5ed so as to write off the cost or valuation of a55ets less their residual values over
their useful lives on the following bases:
Leasehold land and buildings
Plant and equipment
Fixtures and fittings
5-a-side pitches
4-10% straight line
10-20% straight line
25% straight line
4-7% straight line
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 net incomellexpenditurel for the year.
2.7 Fixed asset Investments
A subsidiary is an entity controlled by the . Control is the power to govern the financial and operating
policies of the entity so as to obtain benefits from its activitie5.

SOUTH BRISTOL SPORTS CETrmlE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI
FOR THE YEAR ENDED 310ECEM8ER 2023
Accountin8 policies
(Continued)
2.8 Impalrment of flxed assets
At each reporting end date, the 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 detemiine the eKtent of the impairment loss lif
any).
2.9 Stoc
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due
regaid for obsolete and slow moving Stocks. Cost is determined using the first-in, first-out method IFIFOI.
Net realisable value 15 the estimated selling price less all estimated costs of completion and costs to be
incurred in marketing, selling and distribution.
2.10 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks. other short-lerm liquid
investments with original maturities of three months or le55. and bank overdrafts. Bank overdrafts are
shown wlthin borrowings in current liabilities.
2.11 Flnanclal Instruments
The 8roup ha5 eletted 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 in51rurnents are ￿cogniSed In the group's balance sheet when the becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities a￿ oftset, with the net amounts p￿sented 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.
Trade debtors
Trade debtors are amount5 due from customers for merchandise sold or services performed in the ordinary
couise of business.
Trade debtors are recognised initially at tran5attion price . They are subsequently measured at amortised
cost using the effective interest method. less provision for impairment. A provision for the impairment Df
trade debtors is established when the￿ is obje￿1Ve evidence ihat the charity will not be able to collect all
amounts due according to the original terms of the receivables.
Trade creditors
Trade ¢reditor5 are obligations to pay for goods or services that have been aCqUi￿d in the ordinary course of
business from suppliers. Accounts payable a￿ classified as current liabilities if the charity does not have an
unconditional right , at the end of the reporting period. to defer settlement of the treditor for at least
twelve months after the ￿porting date. If there is an unconditional right to defer settlement for at least
twelve months after the reporting date, they are presented as non-curfent liabilities.
Trade creditors are recognised initially at the trnnsaction price and subsequently measured at amortised
cost using the effective interest method.
-23-

SOUTH BRISTOL SPORTS CEfrffRE
NOTES TO THE FINANCIAL STATEMENT5 ICOlfflNUEDI
FOR THE YEAR EAIDED 31 DECEMBER 2023
Accounting policies
(Continued)
2.12 Taxation
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly. the
charity is potentially exempt from taxation in respect of income or capital gains ￿CeIVed within categories
covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Act 1992, to the extent that such intome or gains are applied exclusively to charitable purp05e5.
2.13 Pensions and other p05t retlrement obligations
A defined tontribution plan is a pension plan under which fixed contributions a￿ paid into a pension fund
and the trading subsidiary implemented such a scheme through NEST to compile with auto enrolment
regulations.
The company has no legal or constructive obligation to pay further contribution5 even if the fund does not
hold sufficient assets to pay all employees the benefits relating to employee seNice in the current and prior
perSods.
Contributions to defined contribution plans a￿ recognised as employee benefit expense when they are due.
If contribution payments exceed the contribution due for service, the excess is recogni5ed as a prepayment.
2.14 Exceptlonal Items
Exceptional item5 are disclosed Separate￿ In the flnancial ststements where it 15 necessary to do so to
provide understanding of the financial performance of ihe charitable company. They are item5 that are
material either because of their size or their nature. or that are non ￿tUrrIng are considered as exceptional
items and are presented within the line items to which they best relate.
-24-

SOUTH BRISTOL SPORTS CENTrE
NOTES TO THE FINANCIAL sfATEMENTS ICONTINUEDI
FOR ThIE YEAR ENDED 31 DECEMBER 2023
Donations and legacies
Unrestrirted Restricted
fvnds
fund5
8enernl
Beneral
2023
2023
Total
funds
Total
funds
2023
2022
Donations and Bifts
Other
28,000
47,400
27.C
27.CrfJ)
27.CrfJO
27,000
75,400
For the yeor ended 31 Decernber 2022
33.4
42.Cl)O
75,400
During 2023. the charity benefitted from unrestricted grants for £27,CKQ from multiple
O￿anisatiOns.
During 2022. the charity benefitted from a restricted grant from Quartet for £42,01)O and
anoiher grant of £5,400. It also received donations of £28.000 from two of the Trustees.
Charltable actl¥Stles
Unrestrirted
funds
general
2023
Unrestricted funds
general
2022
Sporting activities
577,815
523,107
-25-

SOUTH BRISTOL SPORTS CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR fHE YEAR ENDED 31 DECEMBER 2023
Other tradln8 activities
Unrestricted Unrestricted
funds
funds
general
general
2023
2022
Food and beverage
Insurance proceeds
692,266
911
469,630
9,314
Other trading activities
693.177
478,944
Other Income
Unrestrirted Restrlcted
funds
funds
general
general
2023
2023
Total
funds
Total
funds
2023
2022
Other grants
Gift Aid
Local authorlty compensation
26,304
26,304
9.250
7.000
4.000
26,304
26,304
20.250
For the year ended 31 December 2022
20,250
20.250
In 2023, the local authority provided the centre with unrestricted funds of £Nil12022: £4,OLKII
lo compensate the charity after completing on and handing back the property late.
In 2023, other grants provlded by a550ciations to 5UPPOrt the centre included £26,304 of
restricted funds from the Football Foundation.

SOUTH BRISTOL SPORTS CENTrE
NOTES TO THE FINANCIAL STATEMENTS ICONnNUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
Raisin8 funds
Unrestricted
funds
general
2023
Total
funds
2022
Tradin
costs
Cost of goods sold
Staff costs
Depreciation and impairment
Support costs
300,389
435,072
107,974
364,806
241,183
352,682
103,863
298,691
Trading costs
1,208,241
996,419
1,208,241
996,419
All raising funds were unrestricted for 2022.
Charitable aetivitv
Unrestrlrted Restrf¢ted
fund
fund
general
2023
Total
fund5
2023
Total
funds
2022
genernl
2023
Sportin8 activities
48,031
64,801
112.832
114,349
For the year ended 31 December 2022
50,206
64.143
114,349
-27-

SOUTH BRISTOL SPORTS CENTRE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
Support costs
Total funds Total funds
2023
2022
Support Go¥emance
COSt5
¢05ts
Staff training and welfare
Irrecoverable VAT
Rent, rates and water
Bank charges
IT software
Hire of eqLtipment
Sundry expenses
8ad debts written off
Light and heat
Insurance
Repairs and ground Costs
Telephone
Printing. postage and stationery
Trade 5ub5criptions
Cleanin8
Advertising
Accountanty, bookkeeplng and payroll
Legal and professional
1,371
24,490
14.557
15,683
8,697
1,606
4,058
1.731
51,278
54.469
114.674
6.867
1,834
2,727
13,002
1,393
26,512
9,238
1,371
24.490
14.5S7
15.683
8.697
1.606
4.058
1,731
51.278
54,469
114,674
6,867
1,834
2,727
13,002
1,393
26,512
9,238
16.275
11,284
12,222
8,146
1,710
4,062
49,126
39,492
80,520
6,357
2,000
5,148
12,407
2,501
25,485
11,506
Audit fees
10,620
10,620
10,000
354,187
10,620
364,807
298,241
Analysed between
Trading
354,187
10,620
364,807
298,691
Governance costs includes payments to the auditors of £10,62012022- £10,(JJ)I for audit fees.
2022 included restricted costs of £lO.¢

SOUTH BRISTOL SPORTS CENTrE
NOTES TO THE FINANCIAL STATEMENTS IcoMllNUEDI
FOR THE YEAR EAIDED 31 DECEMBER 2023
10 Employee5
Number of employees
2023
Number
2022
Number
Management and administration
Operational staff
25
23
29
27
Employment costs
2023
2022
Wages and salaries
Social security costs
Other penslon costs
405,738
22,490
6,844
332,549
15.758
4,375
435,072
352,682
The above staff numbers equate to 1412022: 131 full time equivalents.
Key management personnel includes the Trustees of South Bristol Sports Centre and the Directors of South
Bristol Sports CIC.
The total employee benefits of the key management personnel of the group were £Nil12022.. Nill.
There were no employees whose annual remuneration was £60,C*)O or more.

SOUTH BRISTOL SPORT5 CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
11 Taxation
The parent entity is a registered charity and is therefore exempt from taxation in respect of income and
capital gains received with S478-489 of the Corporation Taxes Act 2020 and section 256 of the Taxation of
Chargeable Gains Act 1992, to the extent that those are applied to it5 charitable objects purposes onlv.
The trading subsidiary has trading 1055e5 brought forward, the￿f0￿ no tax charge arises on trading,
however non-trading loan relationship transactions are amounts chargeable to corporation tax and do not
lend themselves to offset against the trading losses brought forward.
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of
income, except to the extent that it relates to items reco8nised in other cornprehensive income or directly in
capital and reserves.
The subsidiary's liability for current tsx is calculated using the tax rates and laws that have been enacled or
substantively enacted at the reporting dole. Current and defer￿d tax assets and liabilitles are not
discounted
12 Tan8ible Ilxed assets
Group
l•as•I￿ld l•nd
and bulldln
equlpment
C05t
At I13nuary 2023
Additions
2,575,865
20,033
356,993
6,780
2,932,858
26,813
At 31 December 2023
2,595.898
363,773
2,959,671
Depreciation and Impalrment
At l January 2023
Depreciation charged in the year
1,425,403
104.141
157,367
68,634
1,582,770
172,775
At 310ecember 2023
1.529.544
226,001
1,755,545
Carryin8 amount
At 31 December 2023
1.066,354
137,772
1,204,126
At 31 December 2022
1,150,462
199.626
1.350.088
Included within the net book value of land and buildings above is £Nil12022.' £Nill in respect of freehold land
and buildings and £1,066,35512022: £1,150.4621 in respect of leaseholds.

SOUTH BRISTOL SPORTS CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONnNUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
13 Tangible fixed assets
Charity
L￿$•hold land
and b￿kIl￿$
Plani and
•qulpmeni
Tot•1
Cost
At I january 2023
Additions
1.905.202
20.033
340.037
6,780
2,245,239
26.813
At 31 December 2023
1,925.235
346.817
2,272,052
Depreciation and impaimient
At I january 2023
Depreciation charged for the year
1,174.595
64.801
140.411
68,635
1.315,006
133,436
At 31 December 2023
1,239.396
209.046
1,448,442
Carryln8 amount
At 31 December 2023
685,839
137,771
823,610
At 31 December 2022
730.607
199.626
930,233
14 Flxed asset Investments
Charlty
Shares in group undertakings and participating interests
Subsidiary Total
Undertakin8
Cost
At l January 2023 and 31 December
2023
1.00
1.00
Net book value
At 31 December 2022 and 31 December
2022
Detai15 of the charity's subsidiaries at 31 December 2023 are as follows..
Name of undertaking
Registered
office
Nature of business
Class of
shares held
% Held
Direct
South Bristol Sports CIC
England and
Wales
Run5 the sports centre on
behalf of the charity
Ordinary
100.00
31

SOUTH BRISTOL SPORTS CENTRE
NOTES TO THE FINANCIAL STATEMENTS {COIUINUEDI
FOR THE YEAR ENDED31 DECEMBER 2023
18 Loans and ovefdrafts
Group
2023
Group
2022
Charity
2023
Charity
2022
8ank loans
Other loans
28,333
565.147
37.5DJ
681.533
565,147
681,533
593.480
719,033
565,147
681,533
Payable within one year
Payable after one year
128.CKII
465.479
128,001
591,032
117,561
447,586
117,561
563,972
19 Creditors.. amounts fallln8 due after more than one year
Group
2023
Group
2022
Charity
2023
Charlty
2022
8ank loans
Other borrowSngs
18
17,893
447,586
27,060
563,972
447,586
563,972
465,479
591,032
447,586
563,972
Included within the above are amounts falling due as follows..
Between one and five years
Group
2023
Group
2022
Charity
2023
Charlty
2022
8ank loans
Other loans
17.893
447.586
27,060
563,972
447,586
53,972
465.479
591.032
447,586
53,972
The other loans are unsecured fixed Inte￿$t loans which carry interest between 7% and 9% and are
repayable by instalments that started during December 2018.
During 2020 the company received an advance from £50.￿ under the UK government CBILS loan scheme.
The loan is for a 72 month period with annual interest of 2.5%.

SOUTH BRISTOL SPORTS CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONllNUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
20 Retirement benefit schemes
Defined contribution schemes
The trading cornpany operates a defined contribution pension scheme for all qualifying employees. The
assets of the scheme are held separately fmm those of the entity in an independently administered fund.
The charge to profit or loss in ￿SpeCt of defined contribution 5cheme5 was £6.84412022- £4,375).
21 Fund5
Group
In(omlrv4
11•50urc•5
ey•en¢led
Tranif•rs
l J•u•ry 2023
)1 t)e¢ember
2023
Unrestrlcted funds
General
Restricted funds
Land & buildins5
Football foundation
202.799 1.297,992 11.256,2721
26,304 270,823
371,788
164,8011
306,987
26,304
126,3041
Total funds
574,587 1,324,296 11,321.0731
577,810
•l•n¢e •t i
u•y 2022
oml
Msourc•s
R•sourc•s
•Kpend•d
Tran5f•ry B414n¢e at JI
D•¢embef
204
Unrestrlcted funds
General
151.723 1,055,701 11,046,6251
42,C4)0 202,799
Restricted funds
Land & buildings
Job Retention Scheme
National Lottery Community Fund
8BBL Interest Government Grant
Quartet
435,931
164,1431
371,788
42.[￿
142,0001
Total Restricted funds
435,931
42.LKKJ
164.1431
371,788
Total funds
587,654 1,097,701 11.110,7681
574,587
-35-

SOUTH BRISTOL SPORTS CENTRE
NOTES TO THE FINANCIAL STATEMEp¥fs ICONTINUEO)
FOR THE YEAR EAIDED 31 DECEMBER 2023
21 Funds
(Continued)
Restricted fund
Land and building fund relates to a grant received from Bristol City Council in 2￿1 for the purchase of
£1.970.096 worth of property assets.
Football Foundation fund of £26.30412022: £Nill relates to a tapital grant received as a contribution to the
work on the grass pitch maintenance.
Quarter fund of £Nil12022'. £42.C#JOI relate5 to a capital grant received as a contribution to the work on the
new sensory room.
22 Funds
Charlty
In¢wl
i JIn￿ry 2023
•x••nd•d
31 DK•mb•r 2023
Unrestricted funds
General
Restrlcted lunds
Football foundation
451,608
371.788
78,180
1126,3181
164,8011
403,470
306,987
Total funds
823.396
78,180
1191,1191
710,457
atsnce at i
Intoml
Janu•ry 2012 rdSOWC
Resourt
*xpend•d
Trnnile
8alance at 31
D•¢emtyer lQll
Unre$trlcted funds
General
Restrlcted fvnds
441,155
435,931
90,606
1122.1531
164.1431
42,C4JO
451,608
371,788
Quartet
42.1)JO
142,tsJOI
Total funds
877,086
132.606
1186.2961
823,396
Restricted Fund..
Land and building fund lelates to a grant received from Bristol City Council in 21X)7 for the purchase of
£1,970,096 worth of property a55ets.
Quarter fund of £Nil12022= £42.OCiII relates to a capital grani ￿ceiVed as a contribution to the work on the
ew 5en50ry room.

SOUTH BRISTOL SPORTS CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
22 Funds
Icontinuedl
23 Analysls of net a$5ets between funds
Group
Total fund
2023
Total fund
2022
Unrestricted Restricted
fvnds
funds
general
8eneral
Fund balances at 31 December 2023 are
represented by:
Tan8ible assets
Current assets
Current liabilities
Creditor5 over I year
897,139
137,651
1298.4881
1465.4791
306,987
1,204,126
1,350,088
137,651
71,998
1298,4881 1256,4671
1465,4791 1591.0321
270,823
306,987
577,810
574,587
Total funds for 2023 include Restrirted Tangible Fixed Assets of É306.987
24 Analysls of net assets between funds
Charity
Unrestricted Restrl¢ted Total funds Total funds
fvnds
funds
2023
2022
8eneral
general
Fund balances at 31 December 2023 are
represented bv..
Tangible assets
Fixed asset investments
Current assets
Cyrrent liabilities
Long term liabilities
516.623
306,987
823,610
930,233
584.870
1250.4381
1447,5861
584.870
701,299
1250.4381 1244,1651
1447,5861 1563,9721
403,470
306.987
710,457
823,396
Total funds for 2023 include Restrirted Tangible Fixed A55ets of £306.987
37_

SOUTH BRi¥foL SPORTS CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
25 Related party transartions
Group
Mr I S Laycock was appointed as a trustee and Chairman to the Board of Trustees on the 15 May 2019. Prior
to becoming a trustee Mr I S Laycock 5UPPOrted the charity by way of unsecured loan bonds of £250,000.
During the year, interest of £18.76812022'. £20.1921 was charged on these loans at a commercial rate in line
with the charity's other external funders,. at the year end £190.46912022'. £228,722) remained outstanding.
Mr L West was appointed as a trustee on 29 November 2021. Mr West is the son in law of Mr J S Laycock.
Prior to becoming a trustee Mr L West was and still is a Dirertor of West & Woodbridge Ltd.
During the year, West & Woodbridse Limited invoiced the charity £34.20612022'. £25.3601 for managernent,
bookkeeping services and continued to SO Post year end. At 31 December 2023 the charity owed thi5
company £4.72812022.. £2,2131.
During the year, the charity received £nil12022-£28,0001 in donations from Trustees.
There were no other related party transactions in the year that are ￿qUired to be disclosed.
The charity is exempt from disclosing transartions with its subsidiary under provisions of FR5102, as the
subsidiary is 100% controlled by the charity.
26 Cash generated from operatlons
2023
2022
Surplus/ldelicitl for the year
3,223
113,0671
Adjustments for..
Depreciation and Impairment of tan8ible fixed assets
172,776
168,006
Movements in working capital:
Decreasellincreasel in stocks
Ilncreasel in debtors
Increase in creditors
1,697
15,5441
42,021
12,4751
18181
29,053
Cash generated from operations
214,173
180,699

SOUTH BR15foL SPORTS CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICOPfflNUEDI
FOR THE YEAR EAIDED 31 DECEMBER 2023
27 Analysis of ¢hanies in net Idebtl/funds
At I￿￿ary ZOZ3
Cash flLW15
At31 December
2023
Cash at bank and in hand
36,445
61,806
98,251
Loans fallin8 due within one year
Loans falling due after more than one year
1128.0011
1591,0321
1128,0011
1465,4791
125,553
1682.5881
187,359
1495,2291