THE HUNSLET CLLI-, T.IE HUNSLE CLUB 2024/25 ANNUAL REPORT ns .org.u uns ••
TABLE OF CONTENTS THE HUNSLET CLUB 02 Table of contents 03 Le in al and administrative ormation 04-05 Chief Executive's Report 06-07 Chair's Report 08-11 Trustees Report 12-15 Independent Auditor's Report to the members 16 Consolidated statement of financial activities of the group 17 Statement of financial activities of the parent company 18 Consolidated balance sheet 19 Statement of cash flows 20-42 Notes to the financial statements
LEGAL AND ADMINISTRATIVE INFORMATION Relerence and administrative details: The Trustees: Registered charity name: The Hunslet Club The trustees who served the charity Charity registration number: 1124241 during the period were as follows: Company registration number: 06530457 Mr Andrew Beadnall (Chair) Registered office: Hillidge Road Mr P C Robert Lewis Leeds Ms Charlotte Smart (Resigned 5.9.25) LSIO IBP Ms Jane Bolton Mr Edward Binks Mr Thomas Bentley Mr Jonathan Morgon (Resigned 29,9.25) Mr Jonathan Sadgrove Ms Beth Bevis. (Appointed 29.1.25) Mr Phil Hodgson (Appointed 29.1.25) Tha Auditor AAB Audit & Accountancy Limited statutory Auditor Gresham House 5-7 St Pauls Street Leeds LSI 2JG Key Management Personnel: Dennis Robbins Jennie Baldwin-Baker Ryan Grant David E Sadler (Resigned 11.07.2025) ••
THE CHIEF EXECUTIVE'S REPORT BY DENNIS ROBBINS Introduction Over the past year, The Hunslet Club has continued to deliver a wide and diverse range of informal and formal activities and programmes, engaging young people from across our community. At the heart of our work is our open access youth provision, which runs five evenings a week and remains a vital service for young people. Alongside this core offer, we provide an extensive progromme of activities including dance, football, boxing, gymnastics, rugby, drama, and arts and crafts. These sessions run seven days a week, totalling 112 individual activity sessions. In addition, our education provision operates five days a week, supporting up to 60 students ocross o brood ronge of vocotionol pathwoys. including construction, cotering, borbering, music, public services, beauty, mechanics, childcore, and orL Further educational opportunities include Monday evening vocational sessions, external school sports lessons, and lunchtim8 and after-school clubs. We also deliver six large- sca18 community ev8nts each year, attracting significant attendance from across South Leeds. Purtl¢lpatlon and Impact This has been a highly successful year, with a significant increase in participation across all areas of delivery. Attendance at open access youth sessions, sports and recreational activities, and events has grown substantially. Our youth sessions regularly welcome over 100 young people per evening, while combined sports and recreational activities now see more than 300 young people attending the Club each night. Excluding motch doys, the total number of visits this year reached 81,000. Our community events have also continued to attract large and diverse audiences from across South Leeds, reinforcing The Hunslet Club's role as a central hub for community engagement. ' piJfyw'
THE CHIEF EXECUTIVE'S REPORT BY DENNIS ROBBINS Growth, Investment and Funding With increased participation comes the challenge of ensuring our facilities and resources can meet growing demand. This year, we began the development of the Hunslet Green site, supported by funding from the Football Foundation and generous private donors. This investment has enabled the delivery of a full-size, floodlit 3G pitch, providing yeor-round training and playing facilities for our 17 football teams and 14 rugby teams. HUNSLE We were also successful in securing three yeors of Notional Lottery funding to support our open occess youth provision. Additionol smoller funding streoms continue to support our core activities and progrommes. Financial Pressures The Government's announc8ment of increases to the National Minimum Wage and employer National Insurance contributions has placed additional finoncial pressure on the Club and the wider charity sector. As we are unable to pass these increased costs on to our members, we remain heavily reliant on the continued generosity of businesses, funders, and private donors to oddress the resulting shortfoll. Futur• Plang Looking ahead, we plan to make significant further investment in our facilities. In August we secured a long-term lease on The Oval, which has now been renamed The Hunslet Club Sports Village. Planned developments include additional changing rooms and a classroom at the Hunslet Club end of the site, the creation of a catering and seated ar8a near the Pavilion, and the installation of a paddle court for members and the wider community. Further internal improvements will also take place ocross both The Hunslet Club ond Oval facilities. .• IISL Closing Statomont The Hunslet Club is proud to provide high-quality facilities and opportunities for young people in an area that is often marginalised and overlooked. We remain fully committed to delivering the very best for our members and the wider community, ensuring young people hove the suppor¢ spoce, and opportunities they need to reoch their full potential.
THE CHAIR'S REPORT BY ANDREW BEADNALL The Hunslet Club continues to be a place of joy. opportunity ond community for hundreds of children and young people who access our facilities daily. We remain committed to providing a safe, welcoming and inspiring environment where young people can grow, learn and thrive. l am delighted to report that our new floodlit 3G Football and Rugby pitch was officially opened on th 6 October 2025 by the Lord Lieutenant of West Yorkshire Ed Anderson, Jason Robinson OBE and Abigail Lee of Leeds United Ladies. This new facility has enabled over 40 junior and senior football and rugby teams from The Hunslet Club and Hunslet ARLFC to have an outstanding year-round troining and match day facility. The majority of the funding was provided by The Footboll Foundation through the Lionesses Futures Fund with supporting donations from the Liz and Terry Bramall Foundation, Garfield Weston and Bernard Sunley to name o few. The pitch is already seeing record breaking numbers and an important addition with two newjunior female teams at the club. Despite ongoing challenges and limited support from stotutory bodies including central government, Leeds City Council and the West Yorkshire Mayoralty the Club has once again enjoyed a hugely successful and impactful year. Our members and the wider community benefited from an extensive programme of activities across sporL the arts and personal development. This success is a dir8Ct result of th8 d8dication and passion of our exceptional staff and volunt8ers, all of whom are superbly18d and inspired by our 8xecutive t80m: Dennis Robbins, Chief Ex8CUtive Off icer Jennie Baldwin-Baker, Operations and Finonce Director Ryan GronL Business and Education Director The Trustees extend our sincere thonks to each of them for their hord work ond unwavering commitment.
THE CHAIR'S REPORT BY ANDREW BEADNALL In October 2025, Leeds City Council informed The Hunslet Club that they would be unable to continue their partnership with the Club and Onside Youth Zones in relation to the long-planned development of a new, world-class centre for our members. This decision followed several years of detailed discussions and negotiations and was explained as being due to changes in the Council's funding position. As o result, ond ofter coreful considerotion, the Trustees mode the diff icult decision to conclude the ogreement with Onside Youth Zones. While this outcome is noturally disappointing for oll those connected with The Hunslet Club, particularly given the positive impact the proposed development would have had for our members, it has also provided a moment of reflection and renewed focus. The Trustees remain unquestionably fully committed to the long-term future of The Hunslet Club. We have unanimously given our full support to the Executive Team to develop 8XClting, ambitious and sustainable plans that will 8nable th8 Club to continu8 to thriv8 and grow. We look forword to sharing more about these plans during 2026. As Chair of this remorkable chority, I remain deeply concerned that The Hunslet Club continues to be the only bespoke-built centre serving young people in the City of Leeds. With appropriote financial investment and sustoined support from locol ond centrol government both The Hunslet Club ond the wider youth sector could reach mony thousands more children across the city - far beyond South Leeds. The talent within our membership is extraordinary. We therefore extend a warm invitation to businesses, private sector partners and sports organisations to visit the Club, witness our successes first-hand, and consider becoming active supporters of the Hunslet Club family. There is immense potential for growth, but without external investment from the city and beyond, our ability to expand remains limit8d. This year, we were particularly proud to see our Chief Executive Off icer, Dennis Robbins, receive a prestigious honorary doctorote from Leeds Beckett University. This honour recognises his outstanding service to the City of Leeds ond his exceptional leodership of The Hunslet Club. In presenting the award, the University's Vice-chancellor proised Dennis as.. "An extraordinary contributor to the City of Leeds.- who has improved countless lives, built sporting careers and helped to create a stronger, fairer community." On behalf of the entire Trustee Board - past and present - I congratulate Dennis and express our immense gratitude for his exceptional leadership. vision and many achievements within our community. The Trustees are incredibly proud of what has been accomplished during this year. We remain steadfast in our mission to provide high-quality, life-enhancing opportunities for young people and are committed to securing the support necessary to extend our impact even further.
THE TRUSTEE'S REPORT The Trustees have pleasure in presenting their report along with the financial statements for the year ended 31 August 2025. The Reference and Administrative Information set out above forms part of this report. The financial statements have been prepared in accordance with the accounting policies set out on poges 20-24 and comply with the Charities Act 2011, the Companies Act 2006, the Memorondum ond Articles of Associotion: ond Accounting ond Reporting by Chorities.. Stotement of Recommended Practice opplicable to charities preparing their occounts in accordonce with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I January 2019). After 84 years the Club has never been as successful or as strong and as such The Trustees are confident that 2026 will see an exciting announcement concerning our future for years to come. structurel governance and management The Hunsl8t Club for Boys and Girls (the "Club") which was founded in 1940 as Huns18t Boys Club is now governed by its Memorandum and Articles of Association dated 11 March 2008 when its name was changed to The Hunslet Club. The Club is run by on Executive Board of up to 15 Trustees, which meets five or six times a year and which moy delegate any of its powers to specific sub-committees. Additional or replacement Trustees ore oppointed by the Executive Boord, which takes into occount their quolificotions, experience ond suitobility. Their oppointment is then subject to confirmotion by the following Annual Generol Meeting of the Company. New Trustees are briefed by the existing Trustees and the Chief Executive Officer. New Trustees ore also provided with an Induction pack and given o tour of the facility where they are introduced to key employees to enable them to achieve a greater understanding of the day-to-day activities. The Board of Trustees has a wide range of professional experience and expertise but continues to look for other potential trustees. A Skills Register is maintained to monitor needs with regards to expertise and experience. The Board has ostablished the following sub-committees: Audit Committee.. This consists of 4 Trustees, the Chief Executive Off icer and the Operations & Finance Manager, whose role is to oversee the financial function, meet with the externol auditors, update the Risk Register tor the Club ond ensures that the requirements of the Charity Commission are compliad with. New Build Committee.. This consists of 3 Trustees and the Chief Executive Officer ond was estoblished for all plans to deliver the rebuild of the Club premises. However in view of Leeds City Council withdrawing financial support for a new Youth Centre this Committee is no lorsger functioning. Community Homes Committee.. This consists of 3 Trustees who oversee the activities of the Hunslet Club Community Homes C.l.C. The Chief Executive Officer has been delegated operational responsibility for decisions on the day to day running of the Charity. The Chief Executive's responsibilities include managing staff, compliance with legal and regulatory obligations, ensuring proper financial management and adherence to the Charity's policies. The Trustees are responsible for establishing appropriate policies to ensure the Charity is adhering to all legal requirements.
THE TRUSTEE'S REPORT Pay and remuneration for the chority's senior staff ond key monogement personnel is approved by the trustees. Remuneration for other employees is set by the Chiel Executive Officer and discussed with the Chair of the Board of Trustees. Charlty Governance Code The Charity follows the Seven Principles of the Charty Governance Code published in 2017 and updated in 2020. Risk Management The Executive Board understand their duty to identity and review the Tisks to which the charity is exposed and to ensure oppropriate controls ore in ploce to provide reosonoble ossuronce ogoinst fraud and error. A Strategic Risk Register is in place which is reviewed regularly by the Audit Committee and the Board. Financial review The finonciol situation is set out in the finoncial stotements which follow the Trustees. Report. The income of The Club and its subsidiary's activities during the year was £1,919,087 (2024 £1,794,521) with a surplus of £57,363 (2024 £366,857). Hunslet Leisure Limited is a subsidiary company which provides function facilities in The Club. The turnover ol the subsidiary company during the year was £208,156 (2024 £179,767) with a surplus before the donation to parent charity of £37,643 (2024 £4,088). The Hunslet Community Homes C.l.C, which owns 5 investment properties rented to tenants at a social r8nL is Sncluded in th8 consolidated accounts and has rentol income of £36,400 (2024 £34,000) with o surplus before laSr value movements on property valuation, interest payments on the loan payable to Th8 Hunslet Club and donations to th8 club of £28,017 (2024 £23,099). The Hunslet Club receives funding from its education activities, social 8nterpris8, business8s, Individual donors, trusts and gront giving organisations. The Charity's investment policy is to help secure the long-term viability of the Charity through a policy ol aiming to obtain the moximum return on o low risk portfolio of investments. The investment porttolio hos been delegoted to an Independent Ir)vestment Manager to invest in a mixed portfolio which generates income and growth. Resorvos policy It is the aim ol the Club to maintoin ot any one time sufficient-free reserves- (undesignated funds excluding those represented by tangible fixed assets held for the Club's own use) to be able to cover its management and administration costs and charitoble commitments tor at least the succeeding twelve months. At 31 August 2025 the charitable group had frge reserves of £1,065,570 (2024.. £1,142,402) having increased amounts Set aside for designated future expenditure, after excluding tangible fixed assets. This year's expenditure was £1,861,724 (2024.. £1,427,664) ond the Trustees consider that the current free reserves policy is appropriate. The Trustges remain mindful of the increased pressures on The Club premises caused by growth in activities of all kinds and are of the vlew thot continuolly improving the premises ond focilities will be criticol to the future success of the Chority. ObJe¢tlve$ and a¢tlvltle$ The Charity's objectives are to promote the physicaL social and educational development of children and young odults in the city of Leeds ond surrounding oreos. through the provision of sociol, recreotional, educotional ond sporting activities and to engage with the wider community by providing facilities for community use. The Club is open seven days each week and works with 3863 members offering youth clubs, sport, dance, drama and recreational activities. During the day {Mon-Fri) we deliver vocational training to young people aged 14-16. Thg courses delivered are construction, cotering. vehicle maintenance. sport hair and beauty. Students achieve national accredited certificates fiom BTEC at Level l.
THE TRUSTEE'S REPORT Achiavamants and performance Our Impact Members 2024125 3,863 Visits recorded 91,768 Wards represented in Leeds 26 Wards represented in Halifax 9 Wards represented in Wakefield15 Wards represented in York I Wards represented in Huddersfield I Wards represented in Bradford 5 Ourvalues Create an inclusive, respectful, creative, fun and safe space for young people to reoch their full potential. Our Mlsslon Our mission is to deliver quality youth work ond activities to young people ocross the City of Leeds ot a cost that is affordoble to oll. To creote o spoce ond environment thot is welcoming, sofe, inclusive and enjoyable for young people to visit. Voluntoor helpers The Club has continued to enjoy the benefit of many volunteer helpers in providing its services. The Trustees are unable to place a monetary value on these services but wish to record their appreciation of, and thanks for, the work of all volunte8rs from which The Club and its m8mbers have b8n8fit8d during th8 year. Fundralslng actlvltles The Hunslet Club uses an external fundraiser to write bids on its behalf and continues to be successful. Public benefit The Trustees hove had regard to the public benefit guidance published by the Charity Commission throughout the year and have considered the guidance when reviewing the objectives and activities of the charity. Future Plans The plans for the forthcoming year are.. Continue to improve The Hunslet Club facilities by upgrading our existing building and The Hunslet Club Sports Village and The Oval. Responsibilities of the Trustees The Trustees (who are also the directors of the Hunslet Club for the purposes of company law) are responsible for preparing the Trustees Annual Report ond the financial statements in accordance with applicable law and regulations. 10
THE TRUSTEE'S REPORT Company law requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting standards and applicable low). Under company law the trustees must not approve the financial stotements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable group and company for that period. In preparing these financial statements, the trustees are required to: Select suitable accounting policies and then apply them consistently Observe the methods and principles in the Charities SORP. Make judgements and occounting estimates that are reasonable and prudent. state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping odequote occounting records that are sufficient to show and explain the choritoble compony's tronsoctions ond disclose with reasonoble occurocy at any time the financial position of the choritable compony ond enoble them to ensure that the finoncial statements comply with the Companies Act 2006. They ore olso responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the Trust88s ar8 aware: There is no relevant audit information of which the charitable companys auditor is unaware,. and The Trustees have token all steps that they ought to have token to moke themselves awar8 of any relevant audit information and to establish that the auditor is aware of that information. Auditor AAB Audit & Accountoncy Limited ore deemed to be re-oppointed under section 487(2) of the Companies Act 2006. Small company provision$ This report has been prepared in accordance with the special provisions for small companies under part15 of the Companies Act 2006. Règlstered offlce: Hillidge Road Leeds LSIO IBP Slgned by order of the trustees: Dated: 28th January 2026 Andrew Beadnall Chairman 11
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE HUNSLET CLUB FOR THE YEAR ENDED 31 AUGUST 2025 Opinion We have audited the group and parent company financial statements of the Hunslet Club (the 'chority') for the year ended 31 August 2025 which comprise the statement of financial octivities (including income ond expenditure occount), statement of finonciol position, statement of cash flows ond the reloted notes, including o summory of significont occounting policies. The finonciol reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Stondard applicable in the UK and Republic of Ireland {United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: give a true and fair view of the state of the charity and group's affairs as at 31 August 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; hava been properly prepared in accordance with United Kingdom Generally Accapt8d Accounting Practice; have been prepared in accordonce with the requirements of the Companies Act 2006. Basls for oplnlon We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) ond applicable law. Our responsibilities under those standards are further described in the auditors responsibilities for the audit of the financial statements section of our report. We are independent of the charity 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 r8sponsibilities in accordance with thes8 requir8ments. We believe that the oudit evidence w8 hav8 obtoined is sufficient and appropriate to provid8 a basis for our opinion. Concluslons relatlng to golng concern In auditing the finoncial statements, we hove concluded that the trustees, use of the going concern basis of accounting in the preporotion of the finonciol statements is oppropriote. Bosed on the work we hove performed, we hove not identified ony moteriol uncertointies relating to events or conditions that, individuolly or collectively, moy cost significont doubt on the chority's obility to continue as a going concern for a period of ot least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. other information The trustees are responsible for the other information contained within the annual report. The other information comprises the information included in the annual reporL other than th8 financial statements and our auditor's report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. 12
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE HUNSLET CLUB FOR THE YEAR ENDED 31 AUGUST 2025 other Information (cont) 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 othenmise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we Concluda that thara is a mat8riol misstotement of this other information, we ar8 raquired to report that fact. We have nothing to report in this regord. oplnlons on oth•r matt•r8 pr•8crlbod by th• Companl•s Act 2006 In our opinion, based on the work undertaken in the course of the audit: the information given in the trustees. report for the financial year for which the financial statements are prepared is consistent with the financial statements,. and the trustees, report has been prepared in accordance with applicable legal requirements. Matters on which we are requlred to report by exception In the light of th8 knowledge and understanding of the charity and its environment obtained in th8 course of the audit, we have not identified material misstatements in the trustees. report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion- adequate occounting records 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 ond returns,. or certain disclosures of trustees, remuneration specified by law are not made; or we have not received all the information and explanations we require for our audit,. or the trustees were not entitled to take advantage of the small companies exemptions in preparing the trustees, report and from the requirement to prepare a strategic report. Responslb511tlos of tru8toos As explained more fully in the trustees, responsibilities statemen¢ the trustees (who are also the directors for the purposes 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 preporotion of finonciol statements thot are free from moteriol misstotement whether due to froud or error. In preparing the financial statements, the trustees ore responsible for ossessing the charity'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 charity or to cease operations, or have no realistic alternative but to do so. 13
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE HUNSLET CLUB FOR THE YEAR ENDED 31 AUGUST 2025 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 issue an Auditors, report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from froud or 8rror and are considered material if, individually or in the aggregata, they could reasonably be expacted to influence the economic decisions of users taken on the basis of these financiol statements. Irregularities, including fraud, ore instonces of non-complionce with lows ond regulations. We design procedures in line with our responsibilities, outlined above, to detect moteriol misstotements in respect of irregulorities, including froud. The extent to which our procedures ore capable of detecting irregularities, including fraud is detailed below: We obtained an understanding of the legal and regulatory frameworks within which the charitable company operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. The laws and regulations we considered in this context war8 the Companies Act 2006 tog8thar with the Chorities SORP (FRS102) 2019. In addition, we considered provisions of other lows ond regulations that do not have a direct effect on the financial statements but compliance with which might be fundamental to the choritable companys ability to operate or to ovoid a material penolty. We also considered the opportunities and incentives that may exist within the charitable company for fraud. The laws and regulations we considered in this context were Charities Commission Regulations and Health and Safety and safeguarding considerations. We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be: Timing of recognition of income Management override of controls to manipulate the charitable company's key performance indicators to meet targets Fund accounting - identification and treatment of restricted funds Compliance with relevant lows and regulations which directly impact the financial statements and those thot the choritable company needs to comply with for the purpose of operoting 14
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE HUNSLET CLUB FOR THE YEAR ENDED 31 AUGUST 2025 Our audit procedures to respond to these risks included: Enquiries of management and the Trustees about their own identification and assessment of the risks of irregularities, Sample testing on the posting of journals, Reviewing income documents and carrying out detailed substantive testing on the completeness of income, Reviewing restricted funds workings, Reading minutes of meetings of those charged with governance; and Obtaining confirmation from the trustees that there was no regulatory correspondence with the Charity Commission or other regulatory bodies. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather thon 8rror, as fraud involved intentional concealmenL forgery, collusion, omission or misrepresentation. A further description of our responsibilities for the oudit of the financial statements is located on the Financiol Reporting Council's website ot.. This description forms part of our auditor's report. Usa of our report This report is made solely to the charity's members. as a body. in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitys members those matters we are required to state to them in an auditor s report 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 charitys members as a body, for our audit work, for this reporL or for the opinions we have formed. Helen Daniels LLB FCA CTA (Senior Statutory Auditor) For and on behalf of AAB Audit & Accountancy Limited statutory auditor Gresham House 5-7 st Paul's Street Leeds LSI 2JG Date 2811126: 15
CONSOLIDATED STATEMENTS OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2025 Unr•tr ft•gtrlct•d Total Furxl¥ Tc(d Fd$ 2025 2024 Et)rntics ¢3Th legacies otr tradiry octivib.es Inc0 Irom investmonts Income Irom chcYitat4e CtIeS 507.754 243.339 3T3,314 208,316 109.925 243,339 1446 1.085,548 1.085,548 1,107966 Totol kKom• 1,424,8SJ 1,97•.0•7 l.PJ4,521 ExpeTrJitwe rai>r¥J fUlS (M3,9u) (193,983) (Trn684) (i.M.487) (469.2T4) (i.M7.741) (1253,980) Tolal •xp•nthir• (1.392.4150) {489.274) (1.8ffl.n4) (1,427.664) and rt mov•m•nt b•lor• 20,180 J7.363 36657 inveslm8nts u8011s&j goim on (4•.301) (4•JoI) (&068) 1415,UlJ Urwealis&d gains c investmont proty SZ500 In lunds 166.007 25.100 191247 iU.087 25,180 791247 I1•%111a11On otlund8 Tolol funds brou9ht lorv4vrd 4743J815 93.7153 4B36.O38 4,IW301 4.909,4n 0.027.786 4,836.538 cWati¢s arKJ therelore o st(rtwrt8nt d tCd rwnis&l goins losses lyts not t*en wepored. The notes on pages 20 to 42 form part of these financial statements. 16
STATEMENTS OF FINANCIAL ACTIVITIES OF THE HUNSLET CLUB (PARENT UNDERTAKING ONLY - INCORPO ATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2025 Totd FLnds 2024 2025 Inc¢Y tJ)wt1¢s le9(ley Ottrw tr(Jdir¥J octivitses InCOry Ircwn investMts InctTh Irom ch(¥italJe acts¥tties 81,837 89.692 79.89J PJ58,171 89.592 386,135 81,346 89.773 I.IOZ966 1,085,548 Total Korn• 1298,870 494.434 1,660.220 ExpoThYiture raisirwJ hjnds ExperKliture thryitatle (69,490) (09Ag8) (40,040) (1,197.787) (469.174) (1.•07.041) (1253.740) Total •xp•n&tur• (1.287.283) (469.274) (i.n8.537) (12917BO) ptst Inc4YM I{•xyndltw•) and 26.180 36&440 Reolised (k>sses) on InvestmwTrts Unreolis&J gains investrn8nts (49,301) (49.301) 145.685 (8.068) 276,948 nth 997 25.1 65320 Ir¢Jnslor5 rtween 2S.100 320 Totol lthd8 t9111 fcTh47rd 4.004.361 4.697.004 3,961184 4.030.342 118.313 4748.066 4597.504 Tr siaiameni of Finonciol Activitles Includas all goins orKI Ioss89 in the year from continuing Opefolions ond therOr& o stcrtement ol totol recognised goins and losses hos noi b8en prepared The notes on pages 20 to 42 form part of these financial statements. 17
CONSOLIDATED BALANCE SHEET AS AT 31 AUGUST 2025 X125 2024 Flx•d o¥s•ts langiblo 05SQts Invesirrnts OW.540 584,798 3,4ra,671 3JO8J13 16S2,rn 4ffl.6 545,904 Z5M413 461,5ya 4.1143111 4891ni &n7.•M 3,541916 Debt5 Stock Cash at bk 139.711 191x5 136 917,697 224,355 249,831 1,1415A07 887,738 13ffl.144 L121548 I170,122 1,138342 an•y•4r i• 1377.) {n16I) (360.i)ai) 188,754) •13.670 lo. 1020.7ffl I06l688 (•o.000) (67,500) 4027.78S 48M538 4.744655 4,597,504 Restricied income luThls Unrp5trictod IwKI tsigrKrted ILfKIs Other Wre51red inccTE Iw¥J$ Folr value resw¥ 1.3 153 &1153 &IZJA7J 134&6Y)4 1023.475 1345,904 1.131312 l181296 I.IQO.lJ•7 i.IW447 263.6eii 21&185 Talal fur 5,027,no 436,538 4,705 4,597,S04 These financial statements were approved by the trustees and authorised for issue on 2810112026 and are signed on their behalf by: Andrew Beadnall Chairman Company Registration Number 06530457 The notes on pages 20 to 42 form part of these financial statements. 18
CONSOLIDATED STATEMENT OF CASH FLOWS YEAR ENDED 31 AUGUST 2025 2026 Ca•h Ilow• from op•rallng ¢Kllvhl Net income 191247 688.237 AdjustnnIS for. Net {gains) on InwStrnt8 Dlvidends, int8r•si ond rents Irom inv68trn8nts Other Ini8rest receivoble and wmilor incom8 Depfeciation Ttsxotion (133,884) {32L380) (74.632) (80,566) {27.gM) (29,359) 43.823 36,338 139 Chongès lrt. Trade and other debtors Trade and other creditors Stock 53.934 265.263 1164 (155,897) 29,845 (z661) Cosh 98nerated Irom operatior 164,696 Int8r88t rèceived 29,359 Net cosh u88d in operating activltS88 348.705 194,055 Co•h flo Irom In¥••llry ocllvlth Dividends. inL8rest and rents Irom inveStmts Frchase$ ol othgr investments IrehO$@ of lixed ossets Proceeds Irom sole ol other investments 74.532 80,586 (748.OlJ) {554,453) (M.666) {56,280) no,035 521305 Net cosh Irom Investlng actr¥iti88 (64.on) {7,862) N•t lThcr•(M• In ca•h and cash equlval•nts Ca•h qfftd ch •qulvalwrt• al b•glnnlThg al y•ar 294.694 gri.697 186.193 731,504 Ca•h aTrd ea•h •qulval•n¢• al •nd ol y•ar 1212,391 917,697 The notes on pages 20 to 42 form part of these financial statements. 19
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 l. Company information The principal activity of the Charity during the year was to promote the physical, sociol and educational development of children and young adults in the city of Leeds and surrounding areas, through the provision of social, recreationol and sporting activities and to engage with the wider community by providing facilities for community use. More information is included in the Trustees report on pages I to 11. The charity is a company limited by guarantee which is incorF)orated and registered in England (no. 06530457) ond Registered Chority no. 1124241. The oddress of the registered office is: Hillidge Road Leèds LSIO IBP 2. Aceountlng pollclos Basis ot prepqratlon and assessment of going ¢on¢em The financial statements hove been prepared under the historical cost convention, with items recognised at cost unless otherwise statèd in relevant notes to these financial stotements, and in occordance with 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 l January 2019) - (Charities SORP (FRS102)), the Financial Reporting standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006. The Hunslet Club meets the definition of a public b8nefit entity under FRS102. Going Concern The trustees, having made due and careful enquiry, are of the opinion that the charlty has adequate working capital to ex8CUte its operations over the next12 months. The trusteos, theretore, have made an informed judgement, at the time of approving the financial statements, that there is reasonable expectation that the charity hod adequate resources to continue in operational existence for the foreseeable future. As a resulL the trustees have continued to adopt the going concern basis of accounting in preparing the annual financial stotements. Group flnanclal statements The group accounts consolidate the accounts of the company and its wholly owned subsidiaries, Hunslet Leisure Limited and Hunslet Club Community Homes CIC mode up to 31 August eoch year. Judgements and key sources of estlmatlon uncertalnty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for ossets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. Details of these judgements are set out in the accounting policies. 20
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 2. Accountin9 pollcles (cont) Llsted Investments All quoted purchased investments are shown in the balance sheet at their market value at the year end date. Realised gains and losses comprise the surplus or deficit of the disposal proceeds (less costs) of investments sold during the year over their market value at the end of the previous year, or, if purchased during the year, over their cost. Unrealised gains and losses represent.. A) for investments held throughout the year the difference between their market values ot the start and end of the year, and B) for investments purchased in the yeor ond held at the end of the yeor the difference between the purchase cost and their morket value at the yeor end. Investment propertles Investment properties are shown at their fair value. Investment properties are initially recorded at cost, and subsequently stated at fair value in accordance with FRS102. The increase in fair value less associat8d d8f8rr8d tax is held in a fair value resenie. Programme related Investments Programme related investments relate to resources used to finance the charity's objectives through on independent organisotion. The investment is initiolly stated at cost and is reviewed for impairment on an annual basis. Fund accounting Funds held by the group ore either.. Unrestricted general funds- these are funds which can be used in accordance with the charitable objects at the discretion of the Trustees. Restricted funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each restricted fund is included in the notes to the financial statements. Flxed assets All fixed assets are initially recorded at cost. Items below £2.500 and those which have no useful economic life greater thon12 months ore not copitalised. 21
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 2. Accountin9 pollcles (cont) Depre¢lotlon Depreciation is calculated so as to write off the cost of an asset. less its estimated residual value, over the useful economic life of that asset as follows- Fixtures & Fittings & Equipment- over five I ten years straight line Motor Vehicles - over five years straight line Freehold Property - over fifty years straight line Recreation Area over fifteen years straight line. Debtors Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transoction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. Cr•dltor$ Short term trade creditors ore meosured at the tronsoction price. Other financial liabilities are measured initially at fair value, net of transaction costs. and are measured subsequently at amortised cost using the effective interest method. Recognltlon of Ilabilitles The charity recognis8s liabilities at the time when a legal or constructlV8 obligation giving ris8 to an outflow of r8sources is deemed to arise. Penslon costs The group contributes on on occruals bosis to a personal pension scheme operated by Friends Provident Institution and o NEST scheme. Contributions to this scheme are occounted for in the same period as the related salory. Income Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably. Donations and similar resources Income from donations, legacies and appeals are accounted for on a receivable basis and are accounted for subject to entitlement. The Hunslet Club ensures that donations are only accounted for if there is certainty over entitlement and measurement and the accounting system ensures that monies donated are allocated to the correct funds on the basis of entitlement and specificity. 22
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 2. Accountin9 pollcles (cont) Income (cont) Income from charitable activities Grants receivable for immediate expenditure are accounted for when due, as long as there is reasonable certainty regarding receipt. Grants restricted to future accounting periods are deferred and recognised in those periods. Grants received for specific purposes are treated as restricted funds. Income from choritable activities consists of income arising from charges made for the provision of services to the charity's beneficiories and are included when receivable. Other trading activities Fund raising income includes omounts receivoble from non-choritoble trading (mainly income from letting the charity's premises to outside orgonisotions) ond the proceeds of fund-roising events. Government grants Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Where the grant d08s not impos8 SP8cifi8d future performance-related conditions on the recipi8nt, it is rgcognised in income wh8n the grant proceeds are received or receivable. Wh8r8 the grant does impose specified future performonce-related conditions on the recipient, it is recognised in income only when the performance related conditions hove been met. Where gronts received are prior to satisfying the revenue recognition criteria, they are recognised as a liobility. Resources expended Resources expended ore included in the Stotement of Finoncial Activities on the accruals basis, inclusive of any irrecoverable VAT and are ollocated to the charity's activities as follows:_ Costs of activities in furtherance of the charity's objects comprise the direct costs of providing services to beneficiaries, together with an appropriate proportion of overheads. Fundraising and publicity costs comprise the costs, including attributable overheads, associated with the provision of non-charitable trading activities, fund-raising events and publicity, including website costs. Staff costs are allocated among the various activities on the basis of the Trustees, best estimate of the proportion of time spent by individual members of staff on each activity. Overheads are allocated among activities on the basis of the Trustee's best estimate of the proportion of relevant resources used for each octivity. 23
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 2. Accountin9 pollcles (cont) Glfts In klnd Gifts in kind are recognised as follows-_ a) assets given for distribution by the charity are included in the Statement of Financial Activities only when distributed; b) assets given for use by the charity are included in the Statement of Financial Activities as incoming resources when receivable,. and c) gifts in kind for subsequent conversion into cash by the charity are included in the accounting period in which the gift is sold. Support costs Support costs ore defined as those which are incurred in directly supporting the service delivery and project work Taxatlon The charity has exemption from toxotion under Section 505(1) (e) (i) Income and Corporation Taxes Act1988. Taxation is provided on profits on non exempt trading income. Deferred tax is recognised in respect of all timing differences that would b8 subject to UK Corporation tax at the reporting dat8. Unreliev8d tax losses and other deferr8d tax assets are recognised to th8 extent that it is probable that they will be recov8r8d against th8 reversal of deferred tax liabilities or other future taxabl8 profits. D8f8rr8d tax is measured using the tax rates and laws that havg been enacted or substantlV81y enacted by the reporting date that are expected to apply to the reversal of the timing difference. Financial Instruments Financial instruments ore clossified ond accounted for, occording to the substance of the controctuol orrongement, os either finonciol ossets, finonciol liobilities or equity instruments. An equity instrument is any controct that evidences a residual interest in the assets of the company after deducting all of its liabilities 24
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 3. Consolldated Statement of flnanelal activities lor tho Comparative rIOd UnY••trkt•d R•strlet•d Total Funds Fundi 2024 Incom• Donations ond lagoclas Other ir(Jding octiviti88 Investmen Incomg Irom chorltobl• octlvitl•s 8.664 J87.760 lo8.6 109,926 1.101966 3n.314 208,318 109.925 I102966 Tolol Incom• IA26.7n 387.760 1,794.521 Exp•ndltuv• o Raisin9 funds ChorStobl8 OCtlvitieB (r13.684) (171684) (944.762) (309228) (1253.980) (1.118.436) (309.228) (1.427,664) Tolal •xp•ndltuM In¢¢Jm• orKI n•t mov•m•nt b•lvv• galn• and (In In¥••tm•nts 308.336 68.522 36&857 Realised (losses) on investments Unroolised g04ns on Invostsn•nts- morwd nv•$imeni wrtlolio Unrèoli$$d goin$ on in¥8srrnènt proporty (8.068) 1&088) 178.948 51500 278.948 5ZS(N) 629.715 58.622 688237 25
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 4. Donatlons and lègacias lw•Ct•d hrICt•d Total Fund¥ Total FUrS Funds Funds 2025 2024 lihy Holiday8 Lo•d8 City Co¢Jncll Gorfièld wÈsion Th8 Natior1 Lottery COM1[ty Fund Tho Notionol Loltw CoMffnI Fund - Msllion Hcrtjrs Fund Buriwry Fund Fooiball Fc¥Jncb)tion Sport Engbnd Goslin9 Fourthtbn LSZ and Terry Brcwrnll Foundat Wodoa 40.fflo 29.800 29.•00 24,946 4.540 3n 127236 11,912 18.748 30.888 n407 22502 38,364 14,100 11.748 30.888 %ooo oty) 250 401 Notiond Hwjhwo Tony Geldort Founfjoti marynd Trust wèsl York$hiro WIOTS Fund Oiionol YCKIIFI Agen Befnard sionlev percy Bllton Olher &)natl¢y*s 26.000 26.•XO K•.000 .000 Z800 .000 K.•JQO 24045 14419 13.320 494,434 $07.n4 373,314 The charity benefits greotly from the involvement ond enthusiostic support of its mony volunteers, detoils of which ore given in our onnuol report. In occordonce with FRS 102 ond the Charities SORP (FRS 102), the economic contribution of generol volunteers is not recognised in the accounts. 26
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 5. Other tradlng activltles Unrnstil¢t•d Ta¢•1 Fund• Toiol Funds 2024 Charps lor u$6 01 Iwlili6s FvrKlroi$ing evonis Oih8r Incomè 216.136 216.138 j9.rn 187.978 17,109 3231 243,33• 2110 208,316 6. Income from investments Unrwtrlcl•d Talol Totol Fund8 Fund• 2026 2024 Incory from UK Ilst8d Snv8stmgnt8 Bonk interest rec•v08 Ront r&wvtsblo 38,132 J8,132 27.gm 27.9 36AOO 36AOO 48,586 29.359 34.000 KR441 KR446 109.925 7. Incomo trom charltable actlvltl•$ UnY•Atrlct•d T•lol Funds Totol Funds 2020 2024 Service d8livary Chargos lor us801 laciltios arKI club8 Sale of Club Kit Tuck slw aNJ c19 Ir 834,$71 161654 834,671 881339 13&017 1848 7782 n.022 1.086.54B I.06&648 IIOZ986 8. Expendlture on ralslng funds 21Y24 Cosrs ot VOIry1rM C05t5 01 lurKlruisiry trodi Costs ol rrnrwing I7.17 ,280 W.280 ,IB6 14543 14418 903 191 684 27
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 9. Expendlture on charitable activities by lund ty 2024 st(fft ccéts 699.759 341,373 XZ848 •.845 230.mj 22•.642 dIrE ¢y)sts 469,6SS IIX4•7 409374 l687,741 1251 10. Analysis of 8UPPOrt and governance costs 2024 5tatKrnyand wa9 4.3 1,3 29,120 4366 L3 Rrt ntes ¢)Id &027 1&07B V3 2&Qg 21740 21740 J•.•40 Ath¥rti DwEckJtkn) Logol ond f• ALvJit lees &•41 11965 040 074 11. Net Ineomlng resources lor the year Th18 is #tot•J altor chorgln 2024 Stall panih)n cLvrtribJtle Dèpr8ci(rtion Audiiors remunwaric - oudit of Lh8 financ¢cA Stat$ . 1yeparW)n of ItnorcKii sta1wr 3Q121 36.338 120 I80 28
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 12. Analysls of staff costs and the cost of kèy management porsonnel 2025 2024 Wages and sakir589 JI security costs Olher Fxn810n co81$ 6.664 80,868 38.841 81l658 61,247 30,121 1.045,161 903.026 The av&rcNJe numb•r of employ889 dwlThJ the w. was as Idl 202S 2024 Numbar ol stall 53 Th8 numb8r ol èmployees anrwl rarrmjt %ra t80KK)D or ftu)re Ver. 2024 £80,000 to £69,999 £70,OW to t79,999 Th8 kèy monogonwnt ol th8 portnt crity is d8toil on 3 01 ropofL Tho lotal amployee tn8lits ol th8 kay nrnnt ol th• chtsrity Wor• £263,33112024.. £264155). 13. Trustee remuneratlon No remuneration was paid to the trustees during the year. No travel expenses were reimbursed to trustees during the year (2024= no remuneration or travel expenses were reimbursed to trustees). 29
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 14. Tanglbla flxed assets At I Sep 2024 AthJition5 444.351 203.3 Th).50 tr1.rn 659,693 1.445.186 110.56lJ At 31 Aug 2026 444.350 303.903 57.77• 650,683 1.55ino At I Sep 2024 Chjrge tor the year 408.281 213.584 25.on 51SJ45 183.193 11194 800.367 At 31 Aug 2026 4n.994 238.642 S7.167 198,317 I4.100 AI 31 AUB 2026 381 165.281 612 463.300 681,rAo At 31 Aug 2024 090 69.774 476.500 584.798 COMPANY Total At I Stsp 2024 AthJition5 444.361 289,543 616.013 1.387,690 Th>.560 At 31 AUB X125 444.3141J 3•0.100 016,013 1.498.255 AL I Sep 2024 Crge lor the wr 408.28J 208,9n 25.on 155.348 1,822 203 113x1 841.780 42.949 At 31 Auy 2025 231.om 57.167 184,623 4ns At 31 AUB 2025 U367 149.057 M2 90 613.520 At 31 Aj 2¢Y24 63,570 4410 $45.904 Th• n•t volu•ai 31 Awl 2025 rnwes•nts aSlS us•d for dts•ct clKJrttot4• pLxPx. 30
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 15. Invastmants )26 24 2024 Morkot volue ot I Septernber 2024 Acquigtions (rt cost D15Fosols ot q)8niThJ bcK IhJlL Net gains cn revaluati the wxled 31 August 2025 3JO8.313 Z937285 1538.413 Z237,385 748.013 554,453 748.013 554,453 (779J36) (530J73) (Th.336) {s3Q373) 191886 346.948 145.685 276.948 Market NffJlu8 at 31 Auwgt 2025 3.4n676 1308313 1661775 1538.413 H18t0ral CD8t at 31 Awst 2025 1785.704 2743.403 1299.589 2257.288 Anaty•l• ot Inv••lm•rth at 31 AUgt 2025 2025 2024 2025 2024 U•t•d InvMtm•nts UK Cwoted Shares Non-UK 0ted ste¢ AlterrKrtlve 5[regies fwK 308.485 314,990 105,485 IA80.827 1253,296 1.480,827 248.839 350,710 248.839 314,990 l253,296 350.710 1035.131 I91&996 1030,131 l91&998 UK GroLP Lrthrtaknng$ Fixed Interest UK Cash held os port d Pcrfitc* 100 250,242 36&075 308.T22 250242 JO8.n2 308.822 369.075 301822 820,000 770.(KXJ 1,437,544 I3893TI 8TT,644 619,4TI 3.4n675 3J08J13 16S1775 2538,413 All Investments ar8 held in unrestricted lurKI& 31
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 15. Invastmants (cont) UK group undertakings The company holds 100 issued ordinary shares (ioo%} of a trading company Hunslet Leisure Limited (No. 07647223) incorporated in England and Wales on 25 May 2011. This company's principal activity is the provision of function facilities. The results of Hunslet Leisure Limited are included in the Consolidated Statement of Financial activities on a line by line basis in accordance with SORP FRS102. Turnover for the period to 31 August 2025 amounted to £208,156 (2024: £179,767), with associated expenses of £170,513. (2024: £175,540), leaving a net profit before gift old of £37,643 (2024: £4,227). A donation was made to the parent charity of £38,517 (2024= £2,821) leaving a (loss)Iprofit after tax and gift aid of (£874) (2024.. profit of £1,267). Net ossets of the company ore £3,655 (2024.. £4,529). The company controls The Hunslet Club Community Homes cic (No. 08713540) incorporated in England and Wales on l October 2013. This company's principal activity is the renovation and rental of residential property. The results of The Hunslet Club Community Homes CIC are included in the Consolidat8d statement of Financial activities on a line by line basis in accordance with Charit18s SORP (FRS 102). Turnover for th8 period to 31 August 2025 amount8d to £36,400 (2024: £34,000), with associated expenses of £22,230 (2024.. £24,749), which includes interest paid or accrued in relation to the loan from The Hunslet Club of £13,847 (2024: £13,848). In addition, a donation was made to the parent charity of £10,000 (2024.. £10,000) and on uplift in the valuation of properties by £50,000 (2024.. £70,000), leaving a net profit after tax of £40,970 (2024.. £51,650). Net assets of the company are £275,575. (2024: £234,605). In 2021 there wos on uplift in the volue of the investment properties by £213,685 from £486,315 to £700,000. There was a further uplift in 2024 by £70,000, and on odditional uplift this year of £50,000, resulting in a carrying value of £820,000. As a result of the revaluation, a deferred tax provision of £80,000 (2024.. £67,500) has been accounted for in the accounts for The Hunslet Club Community Homes CIC. The fair value movement less associated deferred tax of £253,685 (2024: £216,185) has been credited to a fair value reserve and is shown as an unrealised gain on investment proporty in th8 Consolidated Statement of Financial Activities. 32
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 16. Programme relat Investments 2024 %r24 Atl Sep 2024 461599 At 31 202 401.59• 46l599 The programme related investments of £461.599 relate to a loan to The Hunslet Club Community Homes CIC and is subject to a formal loan agreement and is repayable either on th 10 February 2027 or anytime forthwith on demand. Interest at1.5% above base rate is payable annually in arrears. The interest charged in the year ended 31 August 2025 is £13,847 (2024: £13,848). The Hunslet Club have ogre8d to hold the interest payable at 3°A. 17. Debtors 2Q24 2025 2024 Trodo dobtcrs HJ9.970 54,784 esm7 •).483 C debtLYS Hin 191x5 224.3155 249B31 18. Credltors: Amounts falllng due wlthln one year 24 2024 Trod8 crwlit¢ys TaxoiicnarKI socS ¥eciwity SW2 &793 30.0 $3A98 100.470 44,699 1436 3&619 JU331 J77.574 Ill621 380.0 86.754 Included In other crethi¢Yg ig delerred incon ol t29.887 (224.. r0.5}. is deferT8d en the criterio to r8c¢xJnise li 09 incfyme hos noi been rr*L 33
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 19. Provlslons 2024 2025 2024 Delerred tax Fxovision in res• d lor volue gain on revoluation of 67,500 20. Penslons The Club contributes to a group personal pension plan on behalf of its employees. Contributions in the year totalled £38,641 (2024.. £30,121) as set out in notes 11 and12. The amount payable to the scheme at the year end was £2.559. (2024: £2,559). 21. Commltmonts under oporatlng leases - Group At 31 August 2025 tho charltable group's future mIniml opwatlng leos? payments are os tollows.. and Imld18 2025 21r24 2024 Within I Within 2 to 5 years Ovor 5 yeors 1280 16.250 375.000 1162 3ttBOO 34
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 22. Rastrlctod Income funds- Group and Company 1 2024 G(Ield Weston laeds City Cne4 Healthy Holidays The Ncrtionol Lott¥ CcmmLmity The National Lott (go.000) (.659) (40,mo) 19.141 101371 (w3n) Million Holws Fund Burbry Fund Foott)oll FouThJati¢ SpJrt EnglorKJ Wode5 Natioml14ighvAry Tony Gel(knrt mary1 Tfust Gosllng FndatiC Liz 01 Terry Br(mall F0Mlon Bemord Stantey Percy 8ilton Oth8r restricted inc(xr 39.274 (36.704) (1813) D7,857) (9,636) (500) D.ooo) (25.000) (5.000) (6.000) 15.482 16.936 41266 18,748 Xl.8 9,030 4500 •.000 215.000 140.000 IG.000 (Mo,000) (15.000) (600) 4600 £lOCrf) io.nB (8225) 1500 93.153 494,434 (489.274) 118.373 35
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 22. Restrlcted Income funds- Group and Company (eontlnued) Detalls of restrlcted funds Restricted funds have arisen because donors have placed restrictions on incoming resources. The following grants have been given to cover ongoing projects costs, the balances are reducing as further expenditure is made: Garfield Weston - funding for 3G pitch Leeds City Council - funding for Eco gym, art youth provision and SEN funding Healthy Holidays - funding for school holiday camp and rugby and football activities for children in the areo The National Lottery Community Fund - RC Yorkshire and Humber Region - funding for the Hunslet Youth in Need project to support 2,000 children and young people to take part in activities bosed at the Club The Notionol Lottery Community Fund - Million Hours Fund - funding for odditional youth sessions Burberry Fund - funding for orts projects Football Foundation funding for new troctor and rugby and football pitch maintenance Sport England - funding for girls, rugby team Wades - funding for new gym equipment National Highways - funding for new gym 8quipment Tony Geldart - funding for the provision of Monday Evening youth clubs Maryland Trust - funding for Youth club sessions Gosling Foundation - funding for 3G pitch Liz and Terry Bramall Foundation - funding for 3G pitch Bernard Stonley - funding for 3G pitch Percy Bilton - funding for music equipment 36
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 23. Total Funds bjild (IwJ.ooo) Flxed (A#•t prOrtY 1mwovts arKI reW$ Upgrode of owr£ SL¥Io Site iooo&Jo (LOtyJ,ooo) (3•) i•oo.ooo C*sign(xed V46,904 {J•.000) &823,470 Othr Lnre51rTcted Incorre lurKIi IMI3•8 1.424,653 (1.353.410) (UO.1•7) Fatr vdue Total 4.743.38B 7.424.8B3 O.w4w) 804 4.9.4n Totol rn•trlct•d •J.153 494.434 (46•274) IK313 Total lund• I,,7 (i••Ln4) 4•4 iOTr.m As èxplained in not8 15. the prc4)erty owrj by Thè PKJnslel Club Community CIC, on tilY controlled by The Hunslei Club a1 included in the consolidated linonciol stotemenis, was revalued n the F)ericKL The f(¥r value 01 £333,885 W {lated delerred lox ol t80,000 fKJ8 been ue(fited io o lolr thilue roger¥& 37
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 23. Total funds (contlnued) Corrpuny 20211 I S•pt 2024 Newtuld lunLI rix&l oss i.ooooJo O.•oo.O() B4S,904 (4429) B39.47B opBrty knwovwn8ni• and ren&%ths ljpgrade ol 1000.000 000.000) (N¢¥Jo) Slte luTr I0,000 1600,000 lun¢lu INooo) Cher restria I11i447 I.M•70 0218J•3) (uo.w) IM•17 Total 4.601,311 i.J8.•7Q D2173•3) NJ84 4ts).342 Total rn•lrf¢l•d •J,i 494434 (48•374) T•lal lund• 4.SW.104 1.791.304 (i.n•.537) 7q•155 The Trusteos have d8sigrK]tl unrostslct8d resaFve$ as lollow8'. A lixed asset Serve 01 £539,475. which represents ctoriiYS unrestrocted Iw eld in the net book volue ol UnresirEed fixed asset& L384,000 d8signoiod r8serve fof the Iuiure oThwng COSI 3G pilc £Z600,000 In ihe lorm ol uivestrnents held lor the drnl ol lttilit 38
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 23. Total funds (contlnued) New bjik luTrJ Fixed Osset 1000.•yJO l.a1.000 1527,369 535 Prop Imyovements oThJ renewds Up3rad8 of pl¢Jying SL¥loce Desvated furn13 i.OOlfA 1327.189 c )restricted Incon luThJ8 Fair vclue IA7n (Iw) 200J40 i.Im.2M $1600 216.186 Total 4.113.m 1.4•711 474JJ•6 Total I•rIct•d 34131 7,710 (X•228) is3 K7•4.I (i.427.•14) 39
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 23. Total funds (contlnued) lund rixed asset i600,( 1.600,OOD resenie $27J69 545,904 Prop imKxovements orKJ Upgrade ol plw'rG swlo Designated lurK15 Orhef restrict 1000,000 I,000,OOD 3,32YJ69 K53B 3J415,904 •00,184 1,291470 {W,552) 250.3414 IBts,447 T•tal unr••ltkt•d 3.927,15153 1.291470 {984.552) 28&880 415043SI Total rnstrl¢t•d 34.631 367.700 (309.228) 03.153 Total funth 3,981184 1,660,220 (1,293,rn) 2W880 41597,004 40
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 24. Analysls of not assets between funds Taryll4• 74.114 •S•,302 4809,4n 051.540 147107 903.J7U iOV.74 7404V SJg.478 3.114,374 •N4•J 4•JO.142 1.114.374 I020.7•1 4.74•.•IJII Y1•47 Turyll>l• 21•47 621987 3,ofA>,012 •81.3•2 4,004,3 Total 545.904 ¥01>0.012 IOS1.0•• 45•7.004 41
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 25. Related partytransactions The company is under control of the Board of Trustegs as set out on page 3 of the Trustees Report. The company prepared group accounts which are publicly available and occordingly the company is exempt from the disclosure requirements of Financial Reporting Standard for Smaller Entities relating to tronsoctions with its subsidiary company, Hunslet Leisure Limited ond Hunslet Club Community Homes CIC. The charity uses the services of James Hombro & Partners LLP os investment managers. Mr Edward Binks, a trustee of The Hunslet Club, was a salaried Member, with no profit share, of James Hambro & Partners LLP. The trustees continue to give regard to the Charity Commission Guidance on Trustee conflicts. During the year the Charity paid £20,155 in investment management fees to James Hambro & Partners. Mr Edward Binks no longer works for James Hambro & Partners LLP. Th8r8 hav8 b8en no oth8r r81ated party transactions to disclose during th8 year. 26. Flnanclal Instrum•nts 2024 FIroI 088ets mSUred at aThJrtlwl cost 1293.849 L027.295 FinoncSal Ilabilit*y me0sur ot affthia•d coti 339.830 104828 FliiortS0l asgoty Msure 01 Idr wJlu• JAn875 I313 27. Company limited by guarantee The company is limited by subscribers guarantees and does not havo a share capital. In the event of a winding up the liability of oach of the subscribers is limited to £1. 28. Charltable Status The charitoble company was registered as o chority under the Charities Act 2011. No toxotion arises on the charitable compony's activities ond ony income tox suffered on investment income is recoverable. The trading subsidiory is fully subject to toxation subject to the transfer of any surplus under the gift old provisions. 42