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← Walton Park Sports Centre Limited

2025-06-30-accounts

Walton Park Sports Centre Ltd.

Charity No. 1143703

Company No. 07536932

Trustee's Report and Unaudited Accounts

30 June 2025

Walton Park Sports Centre Ltd. Contents

Pages
Trustee's Annual Report 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Summary Income and Expenditure Account 5
Balance Sheet 6
Statement of Cash flows 7
Notes to the Accounts 8
DetailedStatementofFinancialActivities 9

Walton Park Sports Centre Ltd. Trustees Annual Report

The trustee, who is also a director of the charity for the purposes of the Companies Act 2006, presents their report with the unaudited financial statements of the charity for the year ended 30 June 2025.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. 07536932

Charity No. 1143703

Registered Office

Raglan Road

Sale

Manchester M33 4AG

Director and Trustee

The Director of the charitable company are its Trustee for the purposes of charity law. The following Director and Trustee served during the year:

P.N. Watson

Accountants

Nabarro Poole Ltd

31 Church Road

Northenden Manchester M22 4NN

The Trustee is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustee is also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

P.N. Watson

Trustee

23 March 2026

Walton Park Sports Centre Ltd. Independent Examiners Report

Independent Examiner's Report to the trustee of Walton Park Sports Centre Ltd.

| report to the charity trustee on my examination of the financial statements of Walton Park Sports Centre Ltd. for the year ended 30 June 2025.

Responsibilities and basis of report

As the charity's trustee (and also a director for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act.

Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

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

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

T Lappage FCCA

Nabarro Poole Ltd 31 Church Road Northenden Manchester

M22 4NN

23 March 2026

Walton Park Sports Centre Ltd. Statement of Financial Activities

for the year ended 30 June 2025

Unrestricted
funds Totalfunds Total funds
2025 2025 2024
Notes £ £ £
Income and endowments
from:
Other trading activities 3 68,081 68,081 73,910
Investments 4 1,084 1,084 995
Total 69,165 69,165 74,905
Expenditure on:
Other 5 54,851 54,851 76,034
Total 54,851 54,851 76,034
Net gains on investments - - -
Net income/(expenditure) 6 14,314 14,314 (1,129)
Transfers between funds - - -
Net income/(expenditure)
’
before other gains/(losses)		 14,314 14,314 (1,129)
Other gains and losses
Net movement in funds 14,314 14,314 (1,129)
Reconciliation offunds:
Total funds brought forward 118,200 118,200 119,329
Totalfundscarriedforward 132,514 132,514 118,200

Walton Park Sports Centre Ltd. Summary Income and Expenditure Account

for the year ended 30 June 2025

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |2025|2024| |£|£| |Income|68,081|73,910| |Interest|and|investment|income|1,084|995| |Gross|income|for|the|year|69,165|74,905| |Expenditure|53,843|74,689| |Depreciation|and|charges|for| |impairment|of fixed|assets|1,008|1,345| |Total|expenditure|for|the|year|54,851|76,034| |Net|income/(expenditure)|before|tax| |for|the|year|14,314|(1,129)| |Net|income|/(expenditure|)for the|year|14,314|(1,129)|

----- End of picture text -----

Walton Park Sports Centre Ltd. Balance Sheet

at 30 June 2025

Company No. 07536932 Notes 2025 2024
£ £
Fixed assets
Tangible assets 8 3,025 4,034
3,025 4,034
Current assets
Debtors 9 29,914 17,678
Cash at bank and in hand 149,261 142,798
179,175 160,476
Net current assets 179,175 160,476
Total assets less current liabilities 182,200 164,510
Creditors: Amounts falling due after more than one year 10 (49,686) (46,310)
Net assets excluding pension asset or liability 132,514 118,200
Total net assets 132,514 118,200
The funds ofthe charity
Restricted funds 11
Unrestricted funds 11
General funds 132,514 118,200
132,514 118,200
Reserves 11
Totalfunds 132,514 118,200

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 30 June 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 23 March 2026

And signed on its behalf by:

P.N. Watson

Trustee

23 March 2026

Walton Park Sports Centre Ltd. Notes to the Accounts

for the year ended 30 June 2025

1 Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Fund accounting
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the
general objects ofthe charity.
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes.
Revaluation funds =These are unrestricted funds which include a revaluation reserve representing the
restatement of investment assets at their market values.
Restricted funds These are available for use subject to restrictions imposed by the donor or through
termsofanappeal.
Income
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity
income becomes entitled to, and virtually certain to receive, the income and the amount of
the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is
expenditure reportedgrossintheSoFA.
Donations and Voluntary income received byway ofgrants, donations and gifts is included in the
legacies the SoFAwhen receivable and onlywhen the Charity has unconditional
entitlement to the income.
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the
donations and gifts _gift/donation to which it relates.
Donated services These are only included in income (with an equivalent amount in expenditure)
and facilities where the benefit to the Charity is reasonably quantifiable, measurable and
material.
Volunteer help The value ofany volunteer help received is not included in the accounts.
Investment income This is included in the accounts when receivable.
Gains/(losses) on This includes any gain or loss resultingfrom revaluing investments to market value
revaluation of fixed at the end ofthe year.
assets
Gains/(losses) on This includes any gain or loss on the sale of investments.
investmentassets

Walton Park Sports Centre Ltd. Notes to the Accounts

Expenditure

Expenditure
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes anyVATwhich
expenditure cannot be fully recovered, and is reported as part ofthe expenditure to which it
relates.
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising
raising funds trading costs and investment management costs.
Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and
charitable activities services in the furtherance of its objects, including the making ofgrants and
governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for
grants that have been approved by the trustees at the end ofthe year but not yet
paid.

Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Walton Park Sports Centre Ltd. Notes to the Accounts

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

3 Income from other trading activities

3 Income from other trading activities
Unrestricted Total Total
2025 2024
£ £ £
Rentals receivable 42,096 42,096 42,096
Utility contributions from
tenants		 25,985 25,985 31,814
68,081 68,081 73,910
4 Income from investments
Unrestricted Total Total
2025 2024
£ £ £
Bank interest received 1,084 1,084 995
1,084 1,084 995
5 Other expenditure
Unrestricted Total Total
2025 2024
£ £ £
Premises costs 49,485 49,485 60,637
Amortisation, depreciation,
impairment, profit/loss on 1,008 1,008 1,345
disposal of fixed assets
General administrative costs 2,488 2,488 2,891
Legal and professional costs 1,870 1,870 11,161
54,851 54,851 76,034
6 Net income/(expenditure) before transfers
2025 2024
This is stated after charging: £ £
Depreciation ofowned fixed assets 1,008 1,345
7 Staffcosts

No employee received emoluments in excess of £60,000.

Walton Park Sports Centre Ltd.

Notes to the Accounts

8 Tangible fixed assets

8 Tangible fixed assets
£ £
Cost or revaluation
At 1 July 2024 19,941 19,941
At 30 June 2025 19,941 19,941
Depreciation and
impairment
At 1 July 2024 15,908 15,908
Depreciation chargeforthe 1,008 1,008
year
At 30 June 2025 16,916 16,916
Net book values
At 30 June 2025 3,025 3,025
At 30 June 2024 4,033 4,033
9 Debtors
2025 2024
£ £
Trade debtors 25,986 17,553
Prepayments and accrued income 3,928 125
29,914 17,678
10 Creditors:
amounts falling due after more than one year
2025 2024
£ £
Trade creditors 1,854 2,174
Accruals 47,832 44,136
49,686 46,310
11 Movement in funds
Incoming
resources
(including Resources At30June
other expended 2025
At1July —gains/losses
2024 )
£ £ £
Restricted funds:
Unrestricted funds:
General funds 118,200 69,165 (54,851) 132,514
Totalfunds 118,200 69,165 (54,851) 132,514

Walton Park Sports Centre Ltd. Notes to the Accounts

12 Analysis of net assets between funds

12 Analysis of net assets between funds
Unrestricted
funds		 Total
£ £
Fixed assets 3,025 3,025
Net current assets 179,175 179,175
Creditors due in more than one year and
..
provisions		 (49,686) (49,686)
132,514 132,514
13 Reconciliationofnetdebt
At 1 July At 30 June
2024 Cash flows 2025
£ £ £
Cash and cash equivalents 142,798 6,463 149,261
142,798 6,463 149,261
Netdebt 142,798 6,463 149,261

14 Related party disclosures

Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Walton Park Sports Centre Ltd. Detailed Statement of Financial Activities

for the year ended 30 June 2025

Unrestricted
funds Totalfunds Total funds
2025 2025 2024
£ £ £
Income and endowments from:
Othertrading activities
Rentals receivable 42,096 42,096 42,096
Utility contributions from tenants 25,985 25,985 31,814
68,081 68,081 73,910
Investments
Bank interest received 1,084 1,084 995
1,084 1,084 995
Total income and endowments 69,165 69,165 74,905
Expenditure on:
Premises costs
Light, heat and power 23,678 23,678 36,426
Premises cleaning 8,902 8,902 7,813
Premises repairsand
maintenance		 9,857 9,857 13,959
Other premises costs 7,048 7,048 2,439
49,485 49,485 60,637
General administrative costs,
including depreciation and
amortisation
Depreciation of 1,008 1,008 1,345
General insurances 2,488 2,488 2,891
3,496 3,496 4,236
Legal and professional costs
Accountancy and bookkeeping 1,150 1,150 1,150
Other legal and professional
costs		 720 720 10,011
1,870 1,870 11,161
Total ofexpenditure ofothercosts ~~54,851~~ ~~54,851~~ 76,034.
Total expenditure 54,851 54,851 76,034
Net gains on investments - - -
.
.
Net income/(expenditure)		 14,314 14,314 (1,129)
Net income/(expenditure) before
;
othergains/(losses)		 14,314 14,314 (1,129)
Other Gains - - -
Netmovementinfunds 14,314 14,314 (1,129)

Walton Park Sports Centre Ltd. Detailed Statement of Financial Activities

Reconciliation of funds:

Total funds brought forward 118,200 118,200 119,329
Total funds carried forward 132,514 132,514 118,200