OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

2025-03-31-accounts

CHARITY REGISTRATION NUMBER: 1134582

Middlesbrough Sportability Club Unaudited Financial Statements

31 March 2025

S J ACCOUNTING SERVICES (NE) LTD

Middlesbrough Sportability Club

Financial Statements

Year ended 31 March 2025

Page
Trustees' annual report 1
Independent examiner's report to the trustees 3
Statement of financial activities 4
Statement of financial position 5
Notes to the financial statements 6

Middlesbrough Sportability Club

Trustees' Annual Report

Year ended 31 March 2025

The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2025.

Reference and administrative details

Registered charity name Middlesbrough Sportability Club Charity registration number 1134582 Principal office

The trustees

Mr B Jones Mr M Mctiernan Mrs L Rhodes Mr T Jones Mr M Sullivan Miss R Southgate Mrs N Whittaker Mrs D Wilson Mr J Keenan Mr S Hall Miss J Salmon

Independent examiner SJ Accounting Services (NE) Ltd 3 Galava Walk Ingleby Barwick Stockton on Tees TS17 5JD

Structure, governance and management

Governing document

Middlesbrough Sportability is an unincorporated registered charity governed by its constitution which was adopted on 24 March 2003. The charity is administered by a management committee.

Objectives and activities

To relieve the needs of young persons resident in Middlesbrough and the surrounding area by the provision of facilities for recreation and sport for individuals in particular, but not exclusively, those aged 8-19 years of age who have learning disabilities and those with physical and/or sensory impairments who have need of such facilities by reason of their youth and disablement in the interests of social welfare with the object of improving the conditions of life of the said young persons.

- 1 -

Middlesbrough Sportability Club

Trustees' Annual Report (continued)

Year ended 31 March 2025

Achievements and performance

The charity remains an inclusive club providing valuable support to disabled children and young adults across the Tees Valley area. We have provided a vast array of activities from sport and recreational to community-based projects that help develop social and life skills. The charity remains a huge part of the kids and parents/carers lives, and it has been privileged to see lifelong friendships forged and be a welcome and open place for all.

The charity has remained as, and grown further, to be a great community focal point fostering real and enriching relationships and skills to support the members even when they are not physically at the club.

This year we have been able to delivere a range of enriching experiences and activities for the members, including outings to Flamingo Land, bowling, cinema trips, Adventure Valley, bird sanctuaries, outings on the train and community farms.

The charity's allotment continues to thrive and even grow with a new small plot being added due to the continued investment. The allotment remains a key therapeutic space for the group, has fostered a calming and restorative environment for its members and allows the continued remembrance in our memory corner.

Following how well received it was last year we have been able to continue to support carers, allocating suitable funds to be able to offer them respite and experiences to ensure that they remain supported whilst delivering care.

The charity remains committed to delivering services to its members and the community. We engage closly with our members ensuring the service we offer is of high standard and suitable for their needs while maintaining the same high standard of care and engagement that we are known for.

Financial review

The Statement of Financial Activities shows the total reserves stand at £12,284 all of which being unrestricted funds.

Reserves Policy

The trustees aim is to expend all funds on their charitable objects; however, they recognise the need to maintain a certain level of reserves as a cushion against possible future difficulties. Free reserves at the level of 6 months running costs would allow the charity to continue it's operations while alternative funding sources were sought.

The trustees' annual report was approved on 9[th] December 2025 and signed on behalf of the board of trustees by:

Mr T Jones Mrs D Wilson Trustee Trustee

- 2 -

Middlesbrough Sportability Club

Independent Examiner's Report to the Trustees of Middlesbrough Sportability Club

Year ended 31 March 2025

I report to the trustees on my examination of the financial statements of Middlesbrough Sportability Club ('the charity') for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

SJ Accounting Services (NE) Ltd Independent Examiner

3 Galava Walk Ingleby Barwick Stockton on Tees TS17 5JD

- 3 -

Middlesbrough Sportability Club

Statement of Financial Activities

Year ended 31 March 2025

2025 2024
Unrestricted Restricted
funds funds Total funds Total funds
Note £ £ £ £
Income and endowments
Donations and legacies 4 12,250 16,022 28,272 32,958
Other trading activities 5 3,007 3,007 2,711
Other income 6 599 599
---------------------------- ---------------------------- ---------------------------- ----------------------------
Total income 15,856 16,022 31,878 35,669
============================ ============================ ============================ ============================
Expenditure
Expenditure on charitable activities 7,8 10,060 19,022 29,082 43,505
---------------------------- ---------------------------- ---------------------------- ----------------------------
Total expenditure 10,060 19,022 29,082 43,505
============================ ============================ ============================ ============================
---------------------------- ---------------------------- ---------------------------- ----------------------------
Net income/(expenditure) and net
movement in funds 5,796 (3,000) 2,796 (7,836)
============================ ============================ ============================ ============================
Reconciliation of funds
Total funds brought forward 6,488 3,000 9,488 17,324
---------------------------- ---------------------------- ---------------------------- ----------------------------
Total funds carried forward 12,284 12,284 9,488
============================ ============================ ============================ ============================

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 6 to 14 form part of these financial statements.

- 4 -

Middlesbrough Sportability Club

Statement of Financial Position

31 March 2025

2025 2024
Note £ £ £
Current assets
Debtors 14 473
Cash at bank and in hand 12,527 10,319
---------------------------- ----------------------------
13,000 10,319
Creditors: amounts falling due within one year 15 716 831
---------------------------- ----------------------------
Net current assets 12,284 9,488
---------------------------- -----------------------
Total assets less current liabilities 12,284 9,488
---------------------------- -----------------------
Net assets 12,284 9,488
============================ =======================
Funds of the charity
Restricted funds 3,000
Unrestricted funds 12,284 6,488
---------------------------- -----------------------
Total charity funds 17 12,284
============================
9,488
=======================

These financial statements were approved by the board of trustees and authorised for issue on 9[th] December 2025, and are signed on behalf of the board by:

Mr T Jones Trustee

Mrs D Wilson Trustee

The notes on pages 6 to 14 form part of these financial statements.

- 5 -

Middlesbrough Sportability Club

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Holmwood Space for Sports & Arts, Holmwood School, Saltersgill Avenue, Middlesbrough, TS4 3PT.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

- 6 -

Middlesbrough Sportability Club

Notes to the Financial Statements (continued)

Year ended 31 March 2025

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

- 7 -

Middlesbrough Sportability Club

Notes to the Financial Statements (continued)

Year ended 31 March 2025

3. Accounting policies (continued)

Tangible assets (continued)

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Equipment

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost.

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.

- 8 -

Middlesbrough Sportability Club

Notes to the Financial Statements (continued)

Year ended 31 March 2025

3. Accounting policies (continued)

Financial instruments (continued)

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Donations and legacies

Unrestricted Restricted Total Funds
Funds Funds 2025
£ £ £
Donations
Donations 1,000 1,000

- 9 -

Middlesbrough Sportability Club

Notes to the Financial Statements (continued)

Year ended 31 March 2025

4. Donations and legacies (continued)

Unrestricted Restricted Total Funds
Funds Funds 2025
£ £ £
Grants
Community Enviroment MBC 1,000 1,000
Groundworks 375 375
National Lottery
Aiming Higher 8,000 8,000
County Durham Community Foundation
Teesside Charity Golden Giveaway
Parents 4 Change 1,897 1,897
MBC Recovery Grant 1,000 1,000
MBC Carers Grant 6,300 6,300
Horizons Specials 4,950 4,950
YAPP 3,000 3,000
Thirteen 750 750
---------------------------- ---------------------------- ----------------------------
12,250 16,022 28,272
============================ ============================ ============================
Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Donations
Donations
Grants
Community Enviroment MBC
Groundworks 1,125 1,125
National Lottery 2,100 2,100
Aiming Higher 8,000 8,000
County Durham Community Foundation 5,000 5,000
Teesside Charity Golden Giveaway 750 750
Parents 4 Change
MBC Recovery Grant 8,300 8,300
MBC Carers Grant
Horizons Specials 4,083 4,083
YAPP 3,000 3,000
Thirteen 600 600
----------------------- ---------------------------- ----------------------------
4,833 28,125 32,958
======================= ============================ ============================
5. Other trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Social lotteries 468 468 512 512
Subs & deposits 2,539 2,539 2,199 2,199
----------------------- ----------------------- ----------------------- -----------------------
3,007 3,007 2,711 2,711
======================= ======================= ======================= =======================

- 10 -

Middlesbrough Sportability Club

Notes to the Financial Statements (continued)

Year ended 31 March 2025

6. Other income

Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Other income type 1 599 599
============== ============== ============== ==============
7. Expenditure on charitable activities by fund type
Unrestricted Restricted Total Funds
Funds Funds 2025
£ £ £
Activity type 1 8,777 19,022 27,799
Support costs 1,283 1,283
---------------------------- ---------------------------- ----------------------------
10,060 19,022 29,082
============================ ============================ ============================
Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Activity type 1 2,454 39,125 41,579
Support costs 1,926 1,926
----------------------- ---------------------------- ----------------------------
4,380 39,125 43,505
======================= ============================ ============================
8. Expenditure on charitable activities by activity type
Activities
undertaken Support Total funds Total fund
directly costs 2025 2024
£ £ £ £
Activity type 1 27,799 27,799 41,579
Governance costs 1,283 1,283 1,926
---------------------------- ----------------------- ---------------------------- ----------------------------
27,799 1,283 29,082 43,505
============================ ======================= ============================ ============================
9. Net income/(expenditure)
Net income/(expenditure) is stated after charging/(crediting):
2025 2024
£ £
Depreciation of tangible fixed assets 632
============== ==============
10. Independent examination fees
2025 2024
£ £
Fees payable to the independent examiner for:
Independent examination of the financial statements 752 716
============== ==============

- 11 -

Middlesbrough Sportability Club

Notes to the Financial Statements (continued)

Year ended 31 March 2025

11. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

2025 2024
£ £
Wages and salaries 18,996 21,837
Social security costs 690
Employer contributions to pension plans 423 491
---------------------------- ----------------------------
20,109
============================
22,328
============================

The average head count of employees during the year was 5 (2024: Nil).

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

12. Trustee remuneration and expenses

13. Tangible fixed assets

Equipment Total
£ £
Cost
At 1 April 2024 and 31 March 2025 3,158 3,158
======================= =======================
Depreciation
At 1 April 2024 and 31 March 2025 3,158 3,158
======================= =======================
Carrying amount
At 31 March 2025
======================= =======================
At 31 March 2024
======================= =======================
Debtors
2025 2024
£ £
Other debtors 473
============== ==============
Creditors: amounts falling due within one year
2025 2024
£ £
Accruals and deferred income 716 716
Other creditors 115
-------------- --------------
716 831
============== ==============

14. Debtors

15. Creditors: amounts falling due within one year

- 12 -

Middlesbrough Sportability Club

Notes to the Financial Statements (continued)

Year ended 31 March 2025

16. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £423 (2024: £491).

17. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
At
At 31 March 20
1 April 2024 Income Expenditure 25
£ £ £ £
General funds 6,488 15,856 (10,060) 12,284
======================= ============================ ============================ ============================
At
At 31 March 20
1 April 2023 Income Expenditure 24
£ £ £ £
General funds 3,324 7,544 (4,380) 6,488
======================= ======================= ======================= =======================

- 13 -

Middlesbrough Sportability Club

Notes to the Financial Statements (continued)

Year ended 31 March 2025

17. Analysis of charitable funds (continued)

Restricted funds

Restricted funds
At
At 31 March 20
1 April 2024 Income Expenditure 25
£ £ £ £
Awards For All 1,000 (1,000)
Short Break Aiming High fund 8,000 (8,000)
County Durham Community
Foundation
YAPP 3,000 3,000 (6,000)
Morrisons Foundation
Middlesbrough Borough Council 1,000 (1,000)
Thirteen 750 (750)
Groundworks 375 (375)
Parents 4 Change 1,897 (1,897)
----------------------- ---------------------------- ---------------------------- --------------
3,000 16,022 (19,022)
======================= ============================ ============================ ==============
At
At 31 March 20
1 April 2023 Income Expenditure 24
£ £ £ £
Awards For All 2,100 (2,100)
Short Break Aiming High fund 8,000 (8,000)
County Durham Community
Foundation 5,000 (5,000)
YAPP 3,000 3,000 (3,000)
3,000
Morrisons Foundation 11,000 (11,000)
Middlesbrough Borough Council 8,300 (8,300)
Thirteen 600 (600)
Groundworks 1,125 (1,125)
Parents 4 Change
---------------------------- ---------------------------- ---------------------------- -----------------------
14,000
============================
28,125
============================
(39,125)
============================

3,000
=======================

18. Analysis of net assets between funds

Unrestricted Restricted Total Funds
Funds Funds 2025
£ £ £
Current assets 12,284 12,284
============================ ============== ============================
Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Tangible fixed assets
Current assets 6,488 3,000 9,488
----------------------- ----------------------- -----------------------
Net assets 6,488 3,000 9,488
======================= ======================= =======================

- 14 -