REGISTERED COMPANY hlJMBER: 070311$3 ff ngland and Wales) RECISTERED CHARITY UmBER. 1133597 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 3Q SEPTEMBER 2024 FOR LONGHOUGHTON COMMLryITY AND SPORTS CENTRE TRUST
LONGHOUGHTON COMMUhlTY SPORTS CEIYlliE TRUST CONTENTS OF THE FIN.4NCIAL STATEMEhTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Page Report of the Trnstees I to 5 Independent ExAwiner's Report Statement of Fin2nci%l Acti.ItieS BalAnce Sheet Notes to tbe Flnanelxl Statements 10 to 18 Detalled Statement of Financial Aetfivldes 19 to 20
LOI%GHOUGHTON COMMuNrrY AND SPORTS CElYtRE TRUST REPORT OF THE TRUSTEES FOR THE YEAR E,DED 30 SEPTE,MBER 2024 The tnES(ees who are also director5 of the charfftty for the purposes of the Companies Act 2006. present their report the financial statements of th¢ for the year ended 30 September 2024. The tNbtees have adopted the proNisions of AcL'owiting and Rqrt1rtg by Charitics.. Statcment of Recommendcd Practicc applicablc to charities prcparing thcir accounLs in accordance with the Financial Rq>orttng Stsndard applicable in the UÉ and Republic of Ireland (FRS 102) (¢ff¢otive l January 2019). ChAlr's RL'port l am plcascd to rcport on the progre&s of the Tnt for the year to 30 September 2024. Firslly. a reminder of what the Long0U8bknn Community and Sports Centre offers: - A Centre building which is available for hire and is cffectively the village hall for Longhou8htOll. - A floodlit A8tr04urfpitch which is used for ftball matches and trainin& Two turf pitches which are used exclusively by our partners Longhoughton Rangers Foorball Club {LRFC) for their matches. - A children's adventure play area. K¥y ilieines, expxmdcd upon later in this repL)rL include tlie following: Trust organlsatlon. Communlty Centre manAgcment 2nd flnances o Exten.4ion of qite lease o F.fforLS to improve Cenlre utili.gauon o Cost reduction measures o Pr()bFrc4s ti?wards fiditI8 th¢ replacement of th¢ 3G Astroturfsurface Site satety and maintenxnce to preserve the building facililles o Professional Fire and Legionella risk &ssessments o Furthcr raIrS to PlaygrL)und equipment to maintain a safe childrcn's pldy drea Community Involi'ement o Prescription pickup service Closei. ties with RAF o Closcr tics with Incal community organisations o Cornmunity SurnmcT fete o Live music collllnunity ¢vent EnvIrOnment energy efficleney Installation ot solar photovoltaic (W¥l pancls and aslated battery stordge o Othcr cncrgy eie1cn¢Y MsUreS Trust urganisation, Community Centre managcment and finances The TnLSt Ten1n5 indcbtcd to its voluntccr Tnjstcos and operdtional volunteers for their efforts in kecping the Commuiiity and Sports Centre operating and serving our commwiity. Thaiks are OT)ce agaiii given to our regular hiTers for their ¢ontinu¢d support. Pagc I
LOliGHOUGirfoN COMMUTry SPORTS CENTRE TRUST REPORT OF THE TRUSTEES FOR THE YEAR EED 30 SEpfE,MBER 2024 Tn relaiion to this ycavs acbievcrnenLs, the Tnt has been successfid in extending its siie lease with Nortbumbcrland Estates by 20 years (Imtil ?058). This w&$ a necessary step ill relation to the solar PV installation and provides long-tenn electrtcity cosr stabiliry. Bookings are managed within our Lemon booking software. administered by a small team of ond volullteers. The 5yStein is workinu well. i audii in May 2024 confwmed the TTh's Action with Communiti&s in Rural England (ACRE) Hallmark ItI a¢crcditatioii. ACRF,'s Hallmark is a quality standards scheme for village halls and TTI, the highest levcl of certification. is an cxlern&il reco¥niLion thai the Commutlity alld Sports Centre is well njn. A k-ey drive tor the Trust has bn to improve utilisation of the Community Centrc. lil this way the sigiiiticant overheads can be spi'ead more ividely, decwsiiig the necessil), for price incre&ses. The previously uiiderused Meeiing Room 2 15 lo be re-styled as a Community Wellbeing romjm where local th¢rapy providers will be able offer their services. Alongside improving Centre utilisation has bccn a drive to reduce costs. Examples include: A telephony contract has been replaced with a digiral system. that also usefully offers voiG¢mail that is remotely acce%sible to booking team members. This reduced the annual costs by more than £800. - CmbIn11]g three sep#rdl¢ fire safcry contracts h&s also yielded annual bavings of more than £500. Resurfacing of the 3G Astrotlrf pitch colltinucs to evade the Tn1 duc to a significant gap bctwccn the i'alue of the accumulated sinking fund and thc proJecd cosi of the works. A bid for fvnding via NAAFI Wds noi succe$stul, but a dirrerent RAF application has been niade. If SULLessfth. diis would make a rnatrrial difference to the likelihood of bein¥ abl¢ to rLsurfacc bLforc thc cLrtifiLation wires in May 2026. Site safety and malntenwnce to preserve the buudlng and facilities To %upport compliance with its statutory obligations the Tn1 commi5SiODed professional risk &sse&sments for both Fire Safety and L¢gionella Safety. Profc&sional repair8 were aoain undertaken to the ageing playground equipment. Of the I I playground installations, 4 haN'e now seen significant repairs in the l&st 3 years. One further iteni needs njOr refuVolsl]en1 within die coining year, bul die work is considered I. pos5ible'in house,. Community Involvement Longhoughion Parish Louncil, RAF Boulmer alld the Trust joindy organised a Summer Fe* on one ofthe playing field.q which was widely enjoyed by the whole community. The Trnst fundcd thc use of the 3G pitch for a wcckly Friday evening kIck-aUt scssion, supoTriscd by a qualified coach. for young people between the ages of I l and 16. From Septher 2024 the RAF liave thken over the funding. The Trust and the Parish Council continued to offer a volunteer-lrf free Warni Ilub eiient including soup and retr&%hments on Thursday lunchtimes Ihroughout the win. Extensive Work Vid the PIsh Council rcsuitcd in a twice-weeldy prr&criptiun pick up scrvÉcc frum thc Cummullity Centre tor Longhoughton r&sidents. It is inllded that this service bc Complnented ncxt year with droTrin NHS Hcaith checks. The Trnst pr()vided a live-music community event in Junc 2024 along with numerous other social 'ents. Pagc 2
LOINGHOUGHTOY CommuTy AI¥D SPORTS CENTRE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTLMBER 2024 Environmental and energy efficiency initiatives September 2024 the cofftinissioning of 8 32kWp solar PV and batiffi installation. The inslallation is owned and maintdtned by Northumberland Community Energy Limited (NL) under a su&léase from the Tnt. This installation Provides l<)ng-term PTice stability most of th¢ Tnt'S electricity demand (20 yws at 15plkWh for a)ergy provided direct from Pvs or from the associatcd batteri&s). TEie Tiust continucs to PUTSUC cver-greater ¢ncrgy cfficiency cnvironmentally friendly actions. An cxtcmal enLrgy aiidit is planned, and the TnLSt is supporting au initiative from the tx)nghougliton Community Gardeners for a Communily Orchard tn the Cenire'5 grounds. Summary l pleased that the Trust has acbieved so many of its key objectives thi5 year and is well placed for fi]rtheT Progres5 in thc year come. Jeremy PiLkard Chair Thc TrtteeS havc ref¢rred to thc guidance contained in the Chariry Coirnnission'5 generdi guid&n¢c on public bcncfjt when rcvicwing thc chariry's purpo.ses tor thc public benefi¢ and in plaE)nin8 tUre activities. Financial revlew Funding to maintain the T1 is largely gathered from the hire of our indoor 8nd outdoM)r facilities. ThL CXtci)siv¢ tLSC of the AStr(tUrf outdnor pitch by our parn)er club, LonghoUghn Rangers FC. coiitributes a great dcal lo thc cliariry's continued viabiliry along with the income from hiring out thc indoor accommodation. The Tnt mad¢ ah uiii'ebtricled surplus from the trading aciivities for tliis tinancial yeur of £10,825. Thc net expenditure (lo.), in respect of r&stricted funds &$ detsiled in the Ststrment of binancial Activities, arises largely from thc depreciation of the cosc of the buildings and pitches built on short lehOld land from the TNstecq of the Will ol. the Ninth Duke of Northumb¢rland and the Tenth Duke's rcfttrenlial settleinent (detailed as Northumberland Estates in the financial reGor(Is). This does not aff¢rt the acluai c8sh flow of the TnLSt. Trust priclnx pollry #nd structure Our charges tor the Astro-turffootball plb and the roon in the Lcntre are reviewed anrnually to ensure our rdtGs'. - remain competitii'e and comparable with other similor facilities in thc local arc - generate sufticient n(L$ to cover the day-t041ay wsts of the Ccntre and the pitch - generdte suificivnt fwids. io enable the Ttust to carry out fulure mainlenance and major replacement of faLili(ies particularly thc Astr(Fturf fothball pilch and the community building. The rate of inflation in che economy and particularly the coniinuing level of energy costs caused the Tnjsiees to introduce an increase in hire charges from ISÈ January 2024. The revisedpricing stnkcture per hour is as folloivs: (Rcgular user rates per hour for block booktngs 3 months in advance are sbown in brackets) Astro-llrf football pitch £46 (£42) Function Room £17 (£14) Meeliiig Rootn 1 £12 (£10) Meeting Roum 2 £10 (£8) Mectitig Room 3 £12 (£10) Pag¢ 3
LOliGHOUGl0N COMMUThITY SPORTS CENTRE TRUST REPORT OF THE TRUSTELS FOR THE YEAR Ell}ED 30 SEFTLMBER 2024 An additional fce is payable for the use of the alcohol liccnce. There are Vario special package rates for birtELday parties, weddings. etc. In r¢co{illion of the essential support Triven in obtaininTr the oritr al funding for th¢ Community L"cntre and its football pitches, Lunghuugliton Rang¢rs FC and RAF Boulmer .¢ Ven specially discountrd hire rd(es. The two grass football pitchcs arc maintained by Longhoughton Rangers FC and are for the exclusive use of the football club. Reserves policy and golng ¢oncern Thc Trn5t maintain5 a designated sinking fimd reserve tablished in order to secure the long terni maintenance of the Astrovturf foolball pitch. The Trusl, in conneciion with the Fooiball Foundation. has agreed (haL the pitch is now in n¢ed of repla¥emenl and as detailed elsewhere in thts annual report this project will require in excess of £160,000. The cxisting sinkingy fwid will bc uscd and thc Trust has submitted requests foT fii?ancial support to the Fooiball Founilati()n and variouq charitable tnlsts. The Garfield Weston chariry has given £1 0.000 which is vcry wclcomc. Subjcct to thcrc being suificieni funding die aini will be lo refw'bish the AstrtUrffaCIIltY during the 2025 close seasoi). Due to an impmvii)8 fin)¢181 situation thc Trustccs have made an addirion of £R.5(M) to the siiiking fund this ycar. Longhoug?hion Ran&yers FC plan w support the fvnd through thc sale of advertising space on Ihe AstroThturfpiLch fcncing. A small sinkin¥ fund is nuinlained providc for works rcquiTed to thc fabric of thc Centrc and a scparatc reservc fillid is held maintsin die C.hildrffli's Play Area. The site is now ren years old and is in need of Significant repairs to the biuldin&F and thc Childrcn's Play arc Iti &dditiun lo th¢ vario% r¢stricted and dcsignatcd fimds detailcd above, it is Tnt policy to ensure that sufticicnt fijiids (trcc rc.8crv&s) arc available to maintain the day to day rwining costs of the Tt for a minimum of threc months. The Tru8te&s consider tlial there are ad¢quu* lunds- available 10 meei buch expe]iditure. At 30 Seplember 2024 tlie unrcstribtcd g¢neral fimd had nel Lurrent &ssels vf £29.645 after taking into account debtt)rs uf £5.469 and Lreditors of £1,¥94. The TNstees have reviewed the circumstances of the Tn1 and ci)nsider Ibai deb'piie greutly increused operntiDg costs, sufficicnt coLtIve change5 lo charges havc bc¢n implancnled earlier in 2024, and th¢rc ar¢ adcquatc TcSourS available to fund the Trusts activiti but it is likely that increases iti hire charges will be necessary during the hnancial year 2024125. Rlsk managenient An asscssment of the major strategic, business and operdtional risks which thc chlty faces bas been carried out and a strategic developmentplan constructcd so that nece&sary steps may bc takcn to mitigatc tUre risks. Staff No St>re employed by the Tn STRUCTURE, GOvERNNCE AND L4AGEMENT Governing document Longh(Trughton Community and Sports Centre Tnt (previously Longhoughton Village Development Trnst) is a charitable ci)mpany. limited by guarantee. which was incoq)orated on 26 seMber 2009. The Company achieved charitabl¢,qtatus eJJly in 20IO. Th¢ company being limitrd by guarantc¢ ha5 no gharc wital. Pagc 4
LOI%GHOUGHTON COMMUISTfY AND SPORTS CENTRE TRUST REPORT OF THE TRUSTF.F FOR THE YEAR ENDED 30 SEWTEMBER 2024 REFERENCE AND ADlIlsTRAT[VE DETAILS Re¥istered Company number 07031153 {En&vldnd and Wales) Registered Charity number 1133597 Registered office Westfield Park Park Ru41d Longhnu¥hton Alnwick Northumberland NE66 3JH Dlrectors And trnstees MrAW Flinchcliffe (from I1.01.16) Mr S Barrell (from 21.1 ? 20) Mi&s Vl Kelly (from 08.03.21) Mr A McDad¢ (from 13.06.22 to 05.10.23) Mr D Arscott {trom 13.06.22) Mr K L'oLhronc (from 13.06.22 10 09.07.24)) Mi's V Chapman (from 17.05.23) Mr Pritchard (from 17.05.23 to 02.12.24)) Mr Cjuy Dnwiies (from l2.12.22 to 05.10.23) Mr J Pickard (from 17.05.23) Mr S Hastings Ifmm 22.07.24) Banken Lloyds Bank PO Rox 1000 Anduver BXI ILT This i'cport has been prepared in accordance with the special provisions of P&rt 15 of the C,ompanies Act 2006 relalilig to sniall companies. Approved by order of the board of frustecs on ..... Ip, J Pi¢kard- Trustee Page 5
INDF.PF,NDENf EXAMtNER'S REPORT TO THE TRUSTEES OF LOINGHOUGHTOLN COL¥INILYITY AND SPORTS CEiYfRE TRUST Independent examiner's report to the trustees of Longhoughton Conununlty and Sports Centre Trust {'th¢ Company,) report to the ¢harity trustees on my exatnination of th¢ accounfs of the Company for the yr cndcd 30 September 20?4. Re5ponsibilitles and basis of report A5 the charity's IteeS of the Compat]y (and s0 its directors for the pury)0ses of colnpiY law) you are resp)nsibl¢ foi. the pi'eparduon of the aL¢ounts in acrorddnce with the re4wirements of the Companies Act 21)06 ('dic 2006 ACV). Having sxtisfied myself thai the accounfs of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible lor independeni exatnination. I report in respect of my examit]ation of your charity's ILccounts as carried oiit under Section 145 of thc Charities Act 2011 (Ihe 2011 Act). In carying out my cxatnination I have followed thc Directions given by the Charity Commission under Section 145{5) (b) ot thc 2011 ACL Independent exatniner's Statement I hilvc complctcd my examinatson. I confm that no matters have come Lo my attention in connection with the examinauon givitig ine cause lo believe: accounting recorLts wcre not kept in rcspect of thc Company as requir¢d by Sectioll 386 of the 2006 Act. or the a¢counLs do not accord with those records; or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other tlian any rcquiremenl that the accounts give a rrue and fair view wbich is not a matter coiisidered as part ot.an independent examination- or the acLoun(s have not bccn prepared in accordance with thc methods and principles of the Statenient of Recommendcd Practice for accounting and rcpurting by chariti¢s (dppIiL4ible to chitIeS prcp1ng di¢ir accounts in a¢coTdance with the Financial Reporting.Standard applicable in the UK and Republic of treland (FIL8 102)). I have no concerns and have cume across no other MaUc in connection with the cxaminaiion to which at*ntion sliould be draMJ in this report in order to cnablc a proper undctstanding of the accounts to bc rh¢d. Jane Harvey F.C.A. Grcaves Grindlc Chartered Accountants Vicloria Howse BondgaLe Within Aliiwick Northumberland NE66 ITA Pag¢ 6
LOI%GHOUGHTON COMMUNITY AND SPORTS CEiYfRE TRUST STATENIENT OF FINANCIAL ACTIVITIES (IYCORPOIL4TtNG.4N IYCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR Ehl)ED 30 SEPTELMBER 2024 2024 Tntal funds 2023 Total funds Unrestricted fimds Restricted fimds Nol¢s TNCOMF, .4ND ENDOWMENTS FROM Donatioiis and leoacjcs 831 2,732 3?,592 Charituble activities Westfield Park dctivtties 39,827 3&3 40210 36,717 Investment income 4,937 937 2.547 Total 45.595 47,879 71,856 EXPF.NDITURF ON Charitable activities WestfiLld Piwk activities 34,770 27.935 62.705 100.236 NET INCOMEI(EXPENDITURE) Transfers between funds 10,825 2,734 (25,651) (2,734) (14,826) (28.380) 13 Net movement ln funds 13559 (28J85) (14,826) (28,380) RECONCILIATION OF FUNDS Total fwids brought forWd IIOJ25 824666 931991 965,371 TOTAL FUNDS CARRIED FORWARD 123 798.281 922,165 936.991 The Th0S forn] part of these financial statenients Page 7
LONGHOUGErroN COMmUTrY.ND SPORTS CENfRE TRUST BALANCE SHEET 30 SEVtEMBER 2024 2024 Total funds 2023 Total fimds Unrestrictcd fimds Restricted fimds Notes FIXED ASSETS Tangible assets IOJ85 718259 778,844 798.113 CURRENT ASSF.TS Stocks Debtors Casb at bank and in hand 10 li 51S 5,469 109,209 515 5,469 139,231 4,680 135,614 30,022 115.193 30,022 145,215 140,294 CRF.DTTORS knounts talling duc within year 12 (1,894) {1,894) (1,416) NET CURRENT ASSETS 113,299 30.022 143J21 138,878 TOTAL ASSETSLESS CURRENr LIABILITIES 123,884 79&281 922,165 936,991 NF,T ASSETS 123,884 798,281 922,164 936,991 FUND,S Unrestricted tsnds R¢stricL¢d funds 13 123.884 798,2111 110,325 826,666 TOTAL FUNDS 922,165 936,991 The charitable coinpany is entstled to exemption from audic under Section 477 of the Compani&s ACL 2006 foi. the year ended 30 Septeinber 2024. The mcmbcrs have not requircd the company to obtain an audit of its financial ststements for the year ended 30 September 2024 in accordance with Section 476 of the Lompanies Act 26. The trustees acknowledge their responsibilities for (a) ensuring that the charilable company keeps accountin8 records that comply with Sections 386 and 387 of the Conipanics Act 2006 and preparing financial statrmcnts which give a t and fair vi¢w of the sldte of aff'dif5 of the chlble Lompany as at the ¢nd of each fuTrancial ycar and of its su4)lus or deficit fnr each fina]Icial year in cOrdanCe ivith the requiremeiiLs of Sections 394 and 395 and which otherwise compl}, with the requirements of tbe ComplieS Act 2006 r¢laiing financia] statements, so far &$ applicable to the charitable compwiy. (b) The nOS fomi part of Ihese fLn&ncial ststements Page 8 contliiu..
LONGHOUGHTON cOMMUTy AND SPORTS CEiYfRE TRUST BALAYCE SHEET - contlhued 30 SEPTEMBER 2024 Thcsc financial statements have bccn prepared in iiccordancc with the provisions applicablc to ¢Titable companies subject to the small companies regime. The tinancial staifflients were approved by the Board of TnLStees and authorised for issue .NJFE4.2b2_land w¢Tc signed on its behklf by.. J PiCk.d - TrtLStee Thc nolcs form part of these fllwicial statemen Page 9
LO'GHOuGHToN COmMUTy SPORTS CEiYfRE TRUST NOTES TO THE FtNAYCIAL STATEMEKrs FOR THE YEAR ElED 30 SEPTEMBER 2024 ACCOUNTING POLICIES Ba51s of preparing the Ilnancial statements The findnLial staicments of the chariLthlc corllpany, which is a pthlic benefit entity under FRS 102. have been prepared ii? accordance wtth thc Charities SORP (FRS 102) 'AccouniTng and Rqjorting by Charities: Statemeiit of Recommended Practice applicable to cliariues preparing their accounts. in 41ccordance widi the Financial Rcporting Standard appkn'Lablc in the UK and Rcpublic of Ircland (FRS 102) (cffcctivc l January 2019),. Financial Reporting Standard 10? The Financial RepoTting Standard applicable in the UK and Republic of Ireland, and the Companies ACL 2006. The financial statemcnLs have been prepared under the historical cosl onvention. Income All income is rccog]llsed in the steMlI ()f Financial Activities once thc Lharlry h&s entidcmcnt to thL fiJn(L8, it i.s probable that the income will b¢ r¢¢civcd and the amoun( can bc mca5urcd rcliably. Expendltsre Liabiliiies are recognibed as expenditure as soon ther¢ is a legal or consinjctive obligacioii comii)iiiing the ch<irity to thdt expenditur¢. it is wobable that a rransfcr of cconomic benefits will be required in settlement and the amount of the obligation can be measured rcliably. Expenditure is account foT on an accruals basis and has been cl&8sified under headings thai aggrcgatc all cost related the category. Where COSLs caniio( be directly atu'ibuted to pthicular headings they have been allocated to acuvities on a basis consistenl with the use of resuw'L¢s. TAiiRible ed assets Dcprcciation is provided at the following annual rates in order to write off each a&set over its estimated lile. Short Iwehi)Id Plant and machinery straight line over lease terni 200/0 on cost and I /0 on cost The l¢as¢ tcrni was originalty fvr 30 years bui in Au8USt 2024 the lease was extended to 31 D¢ccmbcr 2058. Tangible fixed assets costin8 more than £ I,( are capitslised and included at cost gether with any incidcntal expenses ofacquisilion. Stock$ Stocks are valued at the lower of cost and nct realisable v31ue, after making due allrjwance for obsolete and slow moviiig items. Tayadon Tlie charity is exempt froni corporation on its chwitable aCtileS. Fvnd Sccountlng Unrcstridcd futids can be used in acconldncc with thc th3ritable obJ"e£tives ai the discreti4m uf the i.¢s. Restricied funds can only used for particular striCted puposes within the objects of the charity. RestrictlOELS arise when specified by the donor or then funds are rdiscd for partscular restricted purw)ses. Further explanation of the nature and putpose of each fund is included in the not&s to the financial slatements. Basic financial instruments Th¢ charity accoimts for b1¢ fmancial instnrnents on initial recognition as per paragraph 11.7 CharitiGS SORP (FRS 102). Subsequent measuremeiit is &s per paragraphs 11.17 to l 1.19, Charities SORP (FRS 102). Page 10 contitwed...
LoGUouGHT0N COMMuTry AND SPORTS CENTRE TRUST NOTES TO THE FINANCIAL STATEIENTs- contlnued FOR THE YEAR EED 30 SEPTLMBER 2024 ACCOUNTING POLlCtES- contlnued Debtors Debtors (including ade debtors and loans rcccivable) are ineasuml on initial recogtjition at settlcmcnt amount after any trade discounts or amount advanced by the chariry. Subscquentfy. they are measured at the cash or odier consideration expecled io b£ receive(L Credltors Th¢ charity hds Grcditors which arc mcasurcd at settlemenl amounts Iw any tra(k dESunt. INVESTMENT INCOME 2024 2023 Deposit accouiit interest 4,937 2,547 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Hire of football pitches Hire ofconiinulli¢y building CJranLq Warni hub income Other inLome 20,803 12J23 63 3113 5,738 23.080 8,711 895 546 3,485 40210 36,717 onttnucd...
LOI%GHOUGHTON Commu]Ty SPORTS CENTRE TRUST NOTES TO THE FINANCIAL STATEMENTS- conttnued FOR THE YEAR EED 30 SEpfEMBER 2024 CIIARITABLE ACmTrriES COSTS penditure kn the year ended 30 September 2(124 from unrestt4cted funds Outdoor Actlvlty Indoor Actlvlty Rent of land Insurancc Electricity 950 1.002 5,071 1,281 432 430 336 2,840 30 756 2.386 1,503 432 430 1,766 3,334 5,603 455 Telephone Water clng Maiiitenance of commwiity buildtng Playscheine and otlier expenses Athninistration Aqtrotuit Pitch maintenance Warm Hub contribution to energy costs Dvpreciation of plaol and machinery Corpuratc 8overnanLe 455 1,788 1,448 897 1.448 897 16,930 17.840 Eypendlture In the year ended 30 September 2024 from restrleted funds Othcr restrlcted Westfleld funds Park lease Rmt of land Play ArcR mainienance Warm Hub D¢prccialion of short IChold propcty D¢prcciation of film club equipmcnt Depreciation of flo(Kllight replaceinen15 20 138 2,369 ?,220 80 2.830 20,278 7,657 20,278 NET ThCOMEI(EXPF.NDITURE) Nct income/(¢xpcnditure) is stated after diarginW(creditin8): 2024 2023 Depreciation - owned assets Independent exarniner fees for independent examination of accounts Independent cxaminer feas for accountancy seTYiC&S 28J05 529 1230 64,290 462 1.085 Pagc 12 ontinued...
LOIIGHOUGHTON COMMuTry AND SPORTS CENTRE TRUST NOTES TO THE FINANCIAL ST ATEMENTS- contlnued FOR THE YEAR ENDED 30 SEIYEMBER 2024 TRUSTEES, REMUNERATtON AND BLYEFITS There were no ts1, relnuncration or other benefits for thc ycar ended 30 Sept¢nthr 2024 nor for thc ycar ended 30 September 2023. Trnstevs, eipen5es 7 ¢nteeS (2023.'5) were reimbursed for expenditure on maintenance and supplies incutred on behalf of the harily amounting to £4,336 (2023: £3.932). COMPARATIVES FOR THE STATEMENT OF FTh AI¥4CIAL ACTIVITIES Unffstri¢ied funds Rcslri6Led nds Toial fimds INCOME AND ENDOWMENTS FROM Donations and legacies 1,132 31,460 32,59? Charltable activltles WesLtield Park activities 36,171 546 36,717 Investhient inc4)rne 2,547 2,547 Total 39.850 32,006 71,856 EXPENDITURE ON Charltable actlvltles Wesifield Park activities 31.249 68.987 100,236 NET INCOMEI(EXPENDITURE) 8.601 (36,981) (28,380) RECONCILIATIOIY OF FUNDS Total funds brou8h¢ forward 101.724 863.647 965,371 TOTAL FUNDS CARRIED FORWARD 110,325 826,666 936,991 EMPLOYEES There were no employees for the year ended 30 Septhbu 2024 nor for the year ended 30 Sept¢n]ber 2023. Page 13 continue(L..
LOliGHOUGIOry COMMUNTfY.&ND SPORTS CElYtRE TRUST NOTES TO THE FtNANCIAL STATEMENTS- Colltined FOR THE YEAR EED 30 SEPTEMBER 2024 TANGIBLE FIXED ASSETS ,Short Icaschold Plant and machincry Totals COST At l October 2023 Addttions IA27264 9,036 67,180 1,494,444 9,036 At 30 Scptcmber 2024 1,436JOO 67,180 1,503,480 DEPRECIATION At l October 2023 Charge for year 648.939 22.498 47392 5,8U7 696J31 28J05 At 30 September 2024 671,437 53,199 724,636 NET BOOK VALUE AI 30 Scptember 2024 764,863 13,981 778,844 At 30 Scptcmber 2023 778,325 19,788 798,113 Thc Football Foundation has a legal charge over the land known as Westfield Park at LonghoughtOD in Northwnberland which was drawn up between the Trustees of Loiighoughion VilEage Development TTht {now r¢namcd &$ Longhoughton Community and Sports Centr¢ Tntst) and the Foothall Foundation. In accordance with th¢ accounting convcntion outlined in notc l abov< short leasehold property is stated at Cost less accumulated depreciation which is considered to be equal to the value in use of the propety. io. STOCKS 2024 2023 Stocks 5j.fj ii. DEBTORS: Amouwfs FALLING DUE WITHIN ONF. YEAR 2024 2023 Trdde debiors Other debtors 3,11)8 2J61 2,650 2.030 5,469 4,680 Pag¢ 14 ntinucd...
I,oriGHOUGETTOY COMMUhTfY D SPORTS cF.NfRF. TRUST NOTES TO THE FtNANCIAL STATEIENTs- eontinued FOR THE YEAR EED 30 SEwfE.MBER 2024 12. CREDITORS: AmOUs FALLING DUE IVITHTh ONE YEAR 2024 2023 Accrued expenses 1,894 1,416 13. MOVEMENT I1% FUNDS Transters ben¥een fjmds At 1.10.23 movement in At 30.9.24 Unre5trlcted fundi Gen¢rdl tund Dcsignated Sinking Fund for Astroturf Pitch Dcsignatcd Building Mainicnance fund Designated Summer Fete (table hire) fund 35J02 10,695 (5,767) 40230 69.023 &500 77J23 130 131 IIOJ25 10,825 2,734 123,81M Restrleted funds Wesifield Park Play Area Wam Hub Film Club Equipment Fli)udli&ht RLTrlaccmLmt Changin&? Room Alterarions Rullinger Tiu.%t for Swnmer Playicheine Sport P,ngland grant AstroturfPitch Rencwal 709,728 52J05 5,143 645 (20,278) (1,136) (85) 18n) (2.830) (1,242) 689,450 51,169 I58 565 2,11311 42,169 540 (300) 42,&14 $4 767 {1) iO,(MJO Jo,000 826,666 (25,651) (2,734) 798,281 TOTAL FUND. 93(991 (14,826) 922,165 Page 15 continued...
L0I%GHOUGl0N CoMMUTrY.ND SPORTS CENTRE TRUST NOTF.S TO THE FINANCIAI. sTATEIENTs - conttnued FOR THE YEAR ENDED 30 SEPTEMBER 2024 13. MOVEMENT FUNDS- continued Net movcment ID funds, included in the above are as follows.. Incoming resourLes Resources pended Movement in fimds Unrestricted funds Gcn¢i'd] fund Designated Summer Fete (table hire) fund 45,465 130 (34,77D) 10,695 130 Restricted funds Wesifi¢ld Pk Pluy Area Warm Hub Film Club EquiprneAIt Floodlight Rcpl(icement Changin&J Rooin Al(erdtions 45J95 (34,770) 10025 {20,278) (1,136) (2J69) (80) (2,830) {1.242) (20,278) (1,136) (85) (80) (2,83Tr) (1,242) 1284 {27,935) (25,651) TOTAL FUNDS 47879 (62,705) (14,826) C(•mp*ratives for movement in funds Nei movement in funlls Transfers betw¢en funds At 1.10.22 Al 30.9.23 Unrestricted funds Cycneral fiind Designated Sinking Fund lor Astroturf Pitch Designatcd Building Maintenance fimd 29,802 14.207 (8,707) 35,302 65.631 6291 (4,608} (998) 8,000 707 69.023 101.724 8.601 Restrlcted funds Westtield Pdrk Play Arca Christmas Tree and Lights Festival 110,325 762.842 54,868 436 3,760 843 11,490 31.500 908 (53.114) (2.563) 709,728 52,305 {436) 436 947 (198) (2,830) 11.144 (368) Film Club Equtpmenl Floodlight Replacement Changi11g Room Alteraiions Ballinger Trust for Summer Playscheme Sport Englond grant AstroturfPitch Rellewal 5,143 645 £,660 42,644 540 10,000 i 0,000 863.647 (36.981) 8?6,666 TOTAL FUNDS 965,371 (28.380) 936,991 Pagc 16
LOh'GHOUGHTON COMMUNTfY Af4D SPORTS CENfRE TRUST NOTF.S TO THE FINANCIAL STATENIENTS- continued FOR THE YEAR ENDED 30 SEvfEMBER 2024 13. MOVEMENT IN FUNDS - continued Comparative net movcmcnt in fund4 included in th¢ above are as follows: Incoming r¢sourccs Resources oxpcndcd Movement in fi]n(L% Unrestrlcted funds Gciicral fund Designated Sittking Fund for Astrott Pitch Deqignated Buildiiig Maintnance fimd 39.850 {25,643) 14.207 (4,608) (998) (4,608) (998) 39.850 (31.249) 8.601 Restrlcted funds Westfield Park Play Area Warni Hub Film Club Equipment Fluodlight RcplacLinenr Changing Roorn Altcrdtiolls Balliiiger Trtl tor Summer Playscherne SpL)rt Enld grant AstroturfPiich Renewal (53,114) (2,563) (2.199) {198) (2,R3n) (2,4£6) (1467) (4.060) (53,114) (2.563) 947 (198) {2,830) 11,144 1368) 3.146 13.600 4.061 10.000 i o,01)o 32,(KJ6 (68,987) (36,981) TOTAL FUNDS 71,856 (100.236) 128.380) 14. RELATED PARTY DISCLOSURES There werc fto related party tTansactions for the year ended 30 September 2024 other than the tsijslee r¢in)bursements dis¥lvsed in noie 6. Page 17 ontinu¢d...
I,OliGHOUGHTON COMMUIXTfy.yD SPORTS CENlliE TRUST NOTF.S TO THE FINANCI.AL STATENIEiYfs- continuLxI FOR THE YEAR EED 30 SEwfKMBER 2024 15. ANALYSIS OF YET LSSETS Fu1)s Fixed assets Current Current assets liabl]fides Total 2024 Total 2023 Unrestricted fundy Genci?I fund Deslgnated funds Sinking Fund for AstroPitch Building Maintenance fijnd Swniner FLte (tablc hire) fimd 10585 31.539 (1,894) 40230 35,302 77523 6,000 131 69.023 6,000 6,000 Total unresrrlcted funds 10585 l 15,193 (1.894) 123,884 110,325 Restrlcted funds Westtield Park Play Are<i Wann Hiib Filin Qlub Equipmenl Floodlibiht Repla¢¢mcnt Changing Room Alt¢rntioi Balling7cr Tiu51 for Summer Playscheme Sport England grdnt Astro¢urlPilch Renewal 689,450 33.245 689,450 709,7211 51,169 52,305 1,558 5.143 565 645 2,83U 5.660 42,169 540 17.924 1,558 565 2,830 42,169 540 i 0,000 10,000 I O,OL)O Total rLstrlcted funds 30,022 7915,281 826,666 Total (Und$ 77&844 145,215 (1,894) 922,165 936.991 Page 18
LONGHOUGHTON COMMUNTfY AND SPORTS CENfRE TRUST DETAILED STATEMENT OF FINANCIAL AcfiviTIFS FOR THE YEAR EliDED 30 SEPTE,MBER 2024 2024 2023 INCOME A'D EIYDOWMENTS Dunations and legacles Donations 2.732 32,592 InvestmeDt income Dcposit accouni interest 4.937 2.547 ChArithble Activities Hire of tooiball pitches Hire of community buildits Graiits Wam] hub in¢omc Othcr incomc 20,803 12J23 963 383 5.738 23,080 8.711 546 3,485 40.2111 36.717 Total incoming r&$rJurces 47,879 71,856 EXPF.NDITURE Charltable acdvldes Rcni Insur1¢¢ Electricity 1,000 1,543 7,950 1.310 (53) 451 2,355 2.914 3.787 1,404 7,360 2.199 {1,200) 4.060 1,75fl 7,457 2,784 864 859 2,102 6,175 5,741 910 1,788 2J69 (1300) Tclcphone Water CIc&ining Community venue inaintenance Plliybchcmc Jjid miscellaneous Administration Pitrh miiintenance Warm Hub expenditure Warii) Hub contj'ibution to eneigy costs Sport F.ngland 8Tanl expendiLure Sport England grant contribution to energy and hii'e Lharge5 Depreciation of short leasehold propcrty Depreciation of plar]t and inachincry (1,907) 511,098 6,192 22,498 5,807 60,912 97,463 Support costs Governance costs ALcountancy Carried torward 1,759 1.759 1,547 1.547 This page does not fomi part of the statuts)ry financial stawnents Pagc 19
LOI%GHOUGlOy& COMMUThTfY SPORTS CENTRE TRUST DETAILED STATEMENT OF FtYAT%CIAL ACTIVITIES FOR THE YEAR ENDED 30 SEIYE.MBER 2024 2024 2023 Governance eo%ts Brought t"orwiLrd Conipanies House fee Consultancy fees 1.759 34 1,547 26 1,200 1,793 2.773 Totsl resources expended 62.705 100,236 Net expeTJdlturc (14,826) (28.380) This page does not fomTr part of the statutory financial statements Page 20