GJSTEBID COMPANY NUMBER.. •773329• IELKl*Trd And Waltsl RgGisfERED CHAPJTY NUMBER.. 1144383 R¢p•Yt •f lh¢ Tr*¢tS FInA￿ts1 Stalewjts far lkn Yttr Ettded JI Auwr 2124 f•r HArr4 la¢¢y iDd Sw4in •rt¢red Swutory Audito Swt¢ I Tr Riverside Buildu HcsslE El￿ Yorkthir¢ HU13 ODZ Cofy¢eJis olth¢ FIDan¢1￿ St•ltrntuts for the Year Endtd 31 Allzum 2024 P* R¢wt •f1keTru￿tts Rwi •fikt AYdlt• 11 to 14 Stht••elll •f FIA4KtsI A¢llvths B•l*K• Sh•rt 16 Cuh Fl•w S¢•t¢uKN¢ 19 Its 31 Dd*lkd Sla¢•q*ot •lFIAaathi A¢dv 3J 10 J4 RtPOTf •lihe Tr•siees f•r the Yt4r ￿derf JI Aiyst 3124 Th¢ mu¢e¢s wkn di￿r0￿$ of tl* chllriry for the purp)5ts of th¢ Cottwies Ad Z(N)6, present d%ir report with lh¢ financial 51at¢men15 of thc clmrity for th¢ ye¥r efyJ¢d Jl Au8u# 2024. Tr troste¢s ha¥¢ adopted the prDvi%ions of Ac¢wnting and ReS￿in8 by CtsuilK5." Sutemenr of R¢conU￿nded Prxtice bppli¢abl¢ 10 cknniits preparing their a¢couDts In accord*￿ *ith the Fthan¢i•l Rtpxw appl￿ th tht VK oflt¢liTrJ IFPS IOZI le(fccuv¢ l JanLthry 20191. The Tn￿¢￿$ ¢kn re8wd to th¢ publuw by the Cb¥itiN Cwrnw5ion on Publit B¢nefil. Sp¢cifi¢•lly. th¢ Twsteu ￿¥¢ ynt¢d the cJwLty due Tewd ￿ iTrxe•siAg eosts Ind tMurin8 th•1 •ny f¢¢ ittle￿¢S hv¢ been Jw)re4 so ¥ to ¢nwre rhe sustain•ble oprTrtioll of Ik ¢lub whi151 bilArKI￿ ih¢ obj¢¢tiv¢$ noied below. Fyffber det411 r￿thiS ts fouDd 14writt do¢ww Is￿* the ¢lub'$ ¢A)j￿1ve ￿l¥lli￿. Th¢ Tru#ees alw knid • iocc CCNI Guid￿¢ in r¢lth"w *) Public Btrtfit. Th¢ orth¢ •150 fonn5 p•ttofthc Ryd. P88e I Report ofihe Tru51E f•r tke Ve*r Ended 31 2024 OBJECTIVES AND AcrivmES OblecrivES and aim5 Th¢ p•rpws oftbe ch#rlty iFt ￿ •#1 L* hsy¥trAkni41•eun*ol The Charl￿ble purposrs of PIne￿)0d ￿ Il* prthY•Xion oft¢J)bThthiiy prticipiion iffl he4lihy re¢reaIio￿al Jcli¥ilie5 i gtnml ¥nd rniiE$ in prtJ¢tslar. Tr *¢tiYiiieS 0￿￿LIed by IhE fxililics ￿Vi￿d by Pinew>od Ire Iyert Ihe The th*lvJ ￿1¥1￿$ undertAkn* i* r¢l•tl•• l• yrpow lit ytttr Th¢ Clubs maia activitits Ir¢ the prtivisioth o(prt.xl#)oJ te¢ttthoMI cl•￿3 for ¢hildr¢n fvom Ihe *8e of ofte io ithilt. This covm bewnnets up w ￿¥￿ed levels. Kheduled every *t¢kthy from 9..JO•m lo 10pm Salurdiy ¥JrnLnP from 8..30•m, Sththy 09:20*mwMI I1..551 The Club h*s ¢lit¢ Iht ater AY *4u¢h ftom 4pm wwkthys •rd •ll d•y S•wrday Ind S￿ndAY Th¢ *t¢lvltkn uAd¢rtiktn dmrlni Ike yeaTtD lurtktr the tharlty's p¥ryo•t f•r ike piblk beTreni The Club¥ 4cIivJ11¢5 4rr prIm￿LlY inl¢Trkd for tht berrtfii of Ib¢ people of wok1W•￿ Br•Gknrll •TrJ th¢ iurrpundin8 c￿. Ow Club (yeft 10 •ll, reyrdkss of•Th Fthr. or onemaiion. OymnMti¢i P>4Uire¥*ccii￿$ f*ililir4 equi• * high of qU￿1r￿d ¢¢Mchu 10 iyrrm¥th w ¢n•bl¢ il i• i#kt pl￿¢ 5ahly 4nd thk% Jwns th*1 ir will 11￿y$ be ￿ 10 ¢hr8t for w¢ of the facililL¢5 for tMchin8 cesvcd. A h4rd5hip policy plx¢ 10 ¢•¢¢T kn • sin¥11￿ where ir* aub ?￿AId gEkThist t￿1 be possib fvr * knyl¥￿It f*mily wfr4n.n84iv￿rwI fuwKi41 ￿￿*bip. Th¢ Club •tso prowdes • of ¥ll￿D￿ thllt thlivry bettfkE io * widtr *£lioth of th¢ pJbli¢ In the louliry, Jnd om¢tes knOw￿d￿. Th¢* thl tsf th¢ f4¢iliii¢8 by ¢m8*￿sed e.x. ¥chools oiher clubs. Iht offer of ehildrtn'l Wies exm Ni11￿ •nd proviwn of *OdiEiorthl rttds tlthsw tyjr eol¢hirt8 re50UTces. Th¢ Iruitw ￿¥¢d￿l rtprd its Il* Didrt¢ rets¢th8 10 pJbli¢ bert¢fit Wb1￿h￿ by th CPwiry The thtyrt terTh lad bJnier4Qrn Alw i•d •bJ•¢¢lv Our short4*rm c4)Jttri¥t ￿ to ow ¢i*sKs •f¢ •1*￿? •[ cwiry. Thc rerrc•tioNJ •mendEd to fIr￿￿1￿11Y Lnrlusiv¢ #pwibk. A Ioj>8er4enn ¢bj¢ctive wwld be to the rec￿¢1(￿￿1 ￿M.8 *ppe•rw kn ¢oDtitw¢ lo ￿5￿re • safe enwroroneni which tttlEcIS IF* Th"newt*)d br*LvJ of E￿¢11¢￿¢. is of ow 8)IN￿$ rriin therefo ts u * focal poujr for oui fixuini Short-wmobj￿l1ye$. The Club's objetii¥# 'the of ￿￿1￿￿11ty PArti¢l￿￿e* in [￿lthY ￿¢•1￿￿￿1 f•¢ilitie5 w Fft¢ral •nd 8ymSli¢s in ws¢W. The obJ"¢ciives ue to prorM¢t iyllmAStit krv)*4¢d8¢ ikne appre¢1￿10￿ of 8yThJsti¢& by Ibe prOV￿10n of f•¢ilitiu fw the edKaiion a￿] ¢nt¢rtiir¥r*trt of pjblic ill the fs¢idof8Ym￿S1￿cS The Club lo wppon in their po*nii•l in I￿1 lifo by off￿"n& i wide MnÈe r*f 8ymn•$iies' clASSes ro Children, Itom th 4¢ of •fvJ of all th'liiM. Tr IWJ wtll•ipprd and qwlified CL¥achES run all se￿10￿$. To provid¢ ex¢¢llerK¢ in s￿￿¥$Cl the aubswyxts th2ir throu8h¢o•¢h pjwti Paze 2 REPrt tsftht Trw¢ tht Yt•r E•ded JI 2•24 The Club rt8ulorly revi•￿ pritts m ¢nsure that they are bwh con¥)rtirive affotdablt. Tk ¢x¢e45 fr￿d$ yncra￿d frotD iKome *t t¢inv¢*td wto the Club to rnoke certain thIE equiP￿nI ￿ ￿fe up to d•ie. The Club'$ buildin&¥￿ fKiliw xte UthMiew￿ ttpw. Sq￿d GY1nrA￿ illeThJ rtgulw ¢omwilioM 10 rnis¢ I￿￿tr*s5 of Pintwwd in both thc conywnily th¢ yrtm•iiici world. E•¢h the cl•ss IS T¢vK*%d to Nviilabl¢ for th¢ 10 pnicipt¢ in Rew¥r¢es uxd IJ the *etlT•kn *Md*rt*k•A durl#i the y••r The clllb￿ rt*)urt# other tl*Oyml th¢ Cwhe¥ •re ail *tivilitk Tbt ¢•AtrthwtloN olv•hNte4rJ yur Thll ofp¥¢rt Yolunt¢m help Ib¢ •rwlkn by the usiiithi *ith fvrA r•ii1￿. Youni volunty¢r 4tt Teryuiied dt%thped by th¢ %eer¢w'oNI M•rw *re mmttyed 10 becortt ttew jun¢or cuth. REPDrt •ltkn Trutt f•r ih¢Yt*T 31 Autwi 2014 STRATEGIC REPORT AchitYErxnt i*d p¢rIor￿A Ch*rll•blt *¢rfvltl The *cbtevt#**ts perf•nM•t* •lth¢ ¢harhy41rf•i the year Pine*wd b*s * k>t ofFoJithve publicity the bKk of Lme of our ten￿ •chIeve¢￿t wil￿1n8 ih¢ Briiish dwippwnsbip till¢ I1￿ W¢ ht¥¢ iw* senior tymblers repTesehiin8 ihe Cltsb ￿ the upcomLn8 World Chan¥)ionships As well as have q￿lIf￿d for the World Ale Gtoup ChJtroLonJhw. Our artistic prov1￿* a150 s￿¢¢$$# *1 th¢w CtyJAty ar#J R¢wn•l ¢w¢Diions with Iwo guilifyi￿ for NiiioM•l in Decem￿. FUtsdril￿I1 •¢tlvithi dwrs*¢ tht y¢v *•• performixethirillg the ye•r Ai*lnii objtttlwtt We bcld our4oMMI Ex￿¥￿nZa in Dtcad>rr2023. In O¢tobrr 2023. w¢ W pyJ•¥• Pln ofourfth>**iiir4 th•1 r4i%d £694. We heid Rt¢rt•iioMI Club Clwk)rthiw wtiichT•iwdover£4,(WJ •rpJ ow 2024 Club. Th¢ dlntrew •1 tkn ehirity'l ptrf•rm•tstt y•8r. t• the be*ea¢brbE5 •(th¢ ¢hthr#y tkt deve¢ l• tht *•d wf•rffj•rrtt dur* th¢yur beKfft¢d *¢kty Pin¢wvr4 ￿¥¢ viiiltd It￿1 prwPthL% to ¢Mbktkn'l¢kto ￿ ewi￿ froffl• >w8¢r A8r. e $18thlAe*At th•rli•bl¢ *¢llv#l¢¥ ww&rt•k¢• 14 th¢ y**r All Ihe obJ'¢¢iives ￿ previ￿ty be¢nThJ )%•r. With ¢vprd8 ￿ Pine￿¥ obi¢cliY¢ to cla• Bi ￿Al[lU￿￿ clwity. CL￿ 11¢ Consi￿llY reviewed thrcu8kni ih¢ ￿. kny spa¢es ue fillt4J from the ￿111￿$ li*.Tbii ￿ nwx¢d the tsud8¢t whb¢h ' ¢ompleied in the summu bythe botsdof diffe￿. Thr club's objt¢Ei¥e 'ik pTpJM)W* of tomn￿lty pnicwon in Imlihy (*ililiu in ￿ner•I ind irt p1th￿lIf h•5 t¢¢n fvifili¢d thwLn8 the by Pin¢*•od widmi for xhooh. ￿$it￿¥ IcK•l P￿4¢hO0[$ ]¥JidinRwrryetilioDS at PuKw*od. ge Piw*wd L4Thlttd Rep•rt •(IktTrutt¢s thÈYtAt E•ded 31 A¥L%t 2024 srRAT£GIC REPORT Achieveth*At perform1￿¢ KÈY PerformA*tt ]￿kil0￿$ Niimb¢r ofGymn*st5' The club aveThge Mmbtr of tIwou81￿￿t th¢ ye•r. By end of Auguy gyftwstl rwbers W¢Te hi8hu Wted Cl￿￿¢1 th ￿$￿11Y ￿11 thl * ￿lI]ng 15 li￿ is beld by the f I￿j 4nd •Try ¥put spces are fjlled from thLS list. FI￿￿181 PufonNwK".Th¢ Glub its li￿. exp￿d1{Ure Ird wofithbility ¢Jn • monthly bwis which ¢on4)Attd 18ainst thE b*1 and trvic*d by the £mploy¢c kflrntion." R¢t¢niion *r•J enh•rfiTh8 the qualifi￿￿￿$ of cn4)loyces is W Iiiiportanl 10 Pin¢w¢od. Pinewood h•s low staff DXTr)ver of t￿)lOY￿S ov¢r th¢ w of 18 arAI will invcsi in trtwlo>tts ￿LAInI requI￿￿￿ts. en¢ourn8es ¢o¥h¢i lo 13.903 UAreslTkled Fund¥ 8J5. 84.059 R¢strkf¢d Rtvo*•é FWS Totil Fullds 835.960 n4m9 Th¢ Irus*es Cons￿# fiwKi41 by thE thnty dunni the ye•r 10 t¢en s•tiif4¢tory. In¢oTrya8 mainly from Ihe sUbxripl￿ fTDm memE¢tsind ft¢$ cwed lorcwchin8. were botssi￿ by llddiil¢)ntsl funth from fvTrJrai%ini iciiviiitt. hirt of ttLe T￿7 to exi¢rn•l partie¥ rhe ¥*le of reliitd Mer¢hi￿]Ist ind lotbu4. TOMI iL%ome from*ll xiiviti¢&b¢fow¢ the wpfiths of tsf tsnBible •tsE¢SWK £1.061k As 11 the 3151 Au8w 2024. PIKMvod h•$ heAlthy fijnth of £835.960. A Si￿1￿&At w0P￿ts.0￿ of Ih¢se fvnds will be ¢nl in Ihe next fifjArti*l ytsr repirin8 ib¢ roofof 2. Gym 2 Ihe eqyipnxni withiii li. Gym l is ilx* be rehjrbished Wilh￿ th¢ fir￿￿1￿1 yw. There Ire si8nific4nE eva)ts Ihis >*lli that have affe¢￿ perfornwM and Iht finan¢thl pmition bui Pincwood (k*s have T¢Sttyes irt*s¢ o14n ¢meryt￿Y as per our reservrs polJ¢y. P•8e S Repn •f rheTr•5to f•r tbe Yv4f Z•ded 31 1014 STRATEGIC RKPORT Fln*JKknI rEvlew Ruerves potscy The tri￿let$ h•ve t%￿ined tl* ¢hariiYs wuitements forTeservts ift I￿h¢ o(the Nin risks ￿ the ¢lub.The club's poliey for resuves Is lo cover ordinary *YJrkin8 cip1￿1 wyirements Ifyl •ny knDforts¢¢• ¢iff whi¢h ¢￿1 insur*nc¢ poli￿ doeml tow.Th¢ policy •150 covers fort5¢¢n ¢ir¢wn%wM by ¢oniinuin8 ts tnvesl iry r¢plKini tquiptneot ibat has rt4ch¢d ¢fylofits lifr or li nD loftsty for 14 pulp0￿- Tr thkgiees ha￿ hid io tbe by the Chrity Cowmis*ion in & Wales ihai IbEtt ir¢ usul ￿10(& it is rewmbic tr• have frtt reser￿5 c4v￿Vileni lo one Itrm¥ of cxpeThJilur¢. B•*d on ￿ ¥EouTrts. iThJiGNk • Tequi￿￿r￿m of •pproxiA)•ttly UJS.551, befwt ¥w)￿nring for uthfort*entir¢umstiiKe* Th¢ res¢rw of £355.551 v¢ A¢￿ert to mew thE w*rkiRi ¢apit•l requir¢rrMts pf th¢ ckniry the tru¥t¢u ITC confident Il Ihu kvej tky bc able to ronliDW the •clivilv of Ihe dMrily in the c¥￿1 of • drop 5# A￿dIn$. Tr iothl level of ¢wr¢Nly held by rP* ¢b•rily li U35J60 4Th1 fre¢ wrntrirw by IhE •¢¢oNnts b¢ £411354. Th¢ bo*d ofttusi¢u Li *iiifi¢d th•t ¢hriifv exh fvrwj lte avaihble •d¢qU￿t to fvifil its obliyiity Jrt respe¢1 C*f ti¢h SlyifK￿It¢vthts which bttvt i(fx¢od the fumrtial th¢ pNition The on8oin8 eeottomi¢ posiion ifferted the thke ￿ of whL¢b by ¢bthw to itrbt piyn*Trt fem￿ offKed 10 OUT ¢Wtom Co#¢ As li tthj of A￿8￿ 2024 i•4 Pri￿1￿1 fits￿Ing soweu iti th¢ •TrJ thue th¢ k¢yobi#liv¢¥of th¢ dwnry. The ¢h•rirfi fi￿ldu￿ ￿ Pr￿1P•11Y srnvc¢d from fees with ￿1¢10￿1 wur¢td from fjJndMissn8 4cliviiies, hirin8 and pDrties. c04ckn.￿ ¥¢ dwttily tr11￿j tts th¢ objectives of th¢ ¢hwity knd Illow ihe ¢h*rity IQ provide ihe hiBhe51 POSsibk of ¢oA¢hini 10 our ￿nI)￿s. Th¢ addition•1 fv￿dI￿ Sire￿￿$ ￿ u5¢d to pw¢hi¥e The miin risk 10 Pin¢woc4 ts •nothr Fw*mi¢ ￿ld r105wr of fxility thtT¢foTE Tr) iTrECtnt bul A¢ill ￿th w¢nii*l 0th goin￿ AIIW wlikelyto 4*in Pin¢*wddpcs t¢*rves lo N4¥POrt il. Pa￿6 Rcptyrt of tlJtTrnsit for the Ye*r SAdtd JI A¥g•st 2•14 STRATECJC REPORT F¥tur¢ pl*#5 Tht #¢uviii¢s of th¢ Club •re led by the dern￿d$ of the Iwl cmThMnity', Ihe will coThtinUB ￿ TeawThl ￿ the nceds ide))iified by local aNi ni¢ir¥MI TCStarth ￿ prov2de i plvvan)n￿ ofevcnls lo nxrl demiDd. Th¢ Clubts lim is ty cotttith* ￿ wJvid¢ wjity ¢o•ctrin8 ka all fRbJs of rnics, Ind kj slipl￿rt yoiin8 d151drcn lo hclp ￿•t1* itt fi¢M tsf8rnWti¢S. We IoDkini at vdys 10 impmv¢ swthin•bility of our bwlduw for thr fillw¢ hav¢ rcccntly lud ft thrrnul adt don¢ in the ¢lit¢ iyTr io Oyf urbon foowioL Fa¢i•r¥ Ilk¢ty to lrnpvl lYtsTE yrforn*]*e podllts* Th¢ governrrtni inlrDduc¢d ￿1¢11¢￿￿1 fiJrdirt8 for J*tyxl¥x)l ¢hildreTh which fflew Kuthlym t￿.￿lIEn mly ity¢nd pr￿*h0o1 rnihEr thin cltss¢s. Ho￿¥¢[ h*v¢ p￿V￿￿8 KiTh*r8ym ir¥J bav¢ not ¥¢n a siznif￿•nI &ll in numbers. STRUCTURL GOVERNANCE AND MANACEMINT GovrTNlni d•eumenl The thnty is Contyolled by ils a dr•1 of tru4, t¢¥￿1￿￿tI 1 ¢omyrty, limiftd by 4pMDntee, Is e¢fJncd by the ConyNes kn 2(¥J6. Tru¥tets arc gthernlly of wiiii¥t •nd iwt re¢rnitsJ ￿1)rd Of w•Juth WI￿￿ * W¥￿Y Li 4vail•bie on bowd. 4150 ￿Vert￿ • ¥4c•nt pwiriotL ihroulh 5rKthl medii. Th¢ t*)Kd iNWi¢WS thl WWDli•l Tru￿¢ a dc¢iiion is mid¢ b*xd ort their ￿ll•bIlity for p)wdor OryAtsAd•LAI strnttln The Club M•n•8tr Li rewybie frK thY.t￿dly ¢b¥ity dirrfily to I￿ bo*d of r¢th&te¢s. Th¢ D￿l¢forev￿￿1[W iDio** C*Jb M*thy. The k•ds gfdiKipliK th¢ D￿￿trolOf Th¢￿ ar¢ fj )fdi*iplth¢. The Club M•n•8¢r is th¢ he￿ of the GyJw*¢KJ Clth. Pirtwy)tsd kn * Éetiiot luderth￿l te•m ¢ompris1118 of thi Club M•Ni¢r, D¢rtclor¥fCoathiTh8. Htad of RetMlioMI Club A¢￿1¥**￿t •TrJ o¢r￿e m￿l￿r. t￿InK the fJn#rtial >w Ihe Club M¥o•8ef of9 ye•rs i¢nred and WlST¢pi4ced inlmxrt by • Worn￿$ Artist coith. St￿¥ n*0￿eMe￿I persoJ•el diy-l*￿•Y ts deltyattd Th¢ d•Y4￿dIY ￿n18t￿l of thE is dek84*d the aub up • le th•[diw￿ d•y.trday Th¢ Irusiees Twl orv i nbjllth fpr i bo*td di%¢uw ThE nvlin8 Li miny¢cd xtion PDIMS fai5￿ xIia￿d if pwible bEfore Ihe jh2￿M h8c7 Rep￿•(1￿¢ TnM¢¢5 f•r the Year I￿d JI Aueut 2024 STRUCTURL GOVEKNANCE AND MhNAGFM£NT IAd#ciloA •Nd train1￿ of R¢w truites All btsa￿ roles iask des¢riplion tcviewed antwjalty or whcn a nrw is nm2iied. BtfoF¢ conJTruttin8 10 bEcorfie a Iw%tffj they arc ￿￿Ounged kn Tr*th Iht ¢unEnl bo*d tsftrstyttc4. Ifit ￿re A dw¢¢t replAcemenl for J current S*t rol¢. w¢ would erKwa8e sp*1 lirt Wilh th ¢wrert eA¥w¢ • S￿¢$$￿1 h•naover. In wc of tht tre￿￿tr th¢y be to sp¢*1 timE wbth the Clyb A¢¢th￿Iknt L• f*mili*ri* Ibu￿] wiih Club proccdurzs. The bo*d sei th¢ ￿Y ofkey ThDa8￿￿pcTry￿I bu01r￿PErfor[TrUtt aNI ithstry •V¢T*8ek Wldtr Pill¢￿0d Club Linmred it*ffilithd to 8ritith Swthcrn Rqion Gytrllw*Jr4. Jltliled p*rtks Th¢ Club iod d* cwriwl {￿1 i rim •MI ¢¥¢Thr ￿ PinE*wI. W¢ pvj a.234 to Iwpw¢d 4 Life (god d•Wl¢Vicompinyl. FowPir*4wd ¢mplorn to ￿¢10( the *r¥J pid Édibe •pryOV￿bYthe bolrd. Mojor risk¥ in rykniityj tt* •tov¢ h#￿ t¢en T¢vK**d •r•J ¥￿t¢￿ Ind h*w *wblith¢d Ihcsc ri￿1. L4yl ttrtttNr¢ of the tl•TIty Pine￿￿4 Club LiThiled 1.th Clth") **$ ¢ii*blithtd Is i ¢offlp•ny Ilmi*4 by llLc0ryor￿rd w 8 AuwJ# 2011. is by Ihe Merr*)Ntykn Aniciu of A￿￿1111*￿1. lltcrtd Lmdtr will resoluikn. dated 21 Au8ust 2012. Chm'ry Commimi￿ the t¢K#tr*li￿ of the rwly fonrrtd limi￿ by sur￿1¢£ as * dwily WIS rttiiv¢d on 21 (klthr 2011. Methrt￿.P oltr* Cryy bl op¢n to 411 ¥¥Jivid￿￿ Frfovid￿ th•1 they u¢ 484d 16 Jwr¥ or ovw. The li•bilsry ol wh lirrdled 10 £1 lone stertMb81, tw ik Ihal nKrnbcr to rtltibui¢ ￿ th¢ •uets of ¢n thc ¢venl of li bel￿ up. udefirrtd th¢ Arti¢ks of As1grwti¢ Pine%wd Gynwtiu Club kn￿￿ted • doffllwt eryyto th JI AWE 201Z. On I S¢pi¢mbet 2012, the proFny. wets thE Undeth￿Or Pinewood Gynwxi¢s Clth. • ry¥terYd dwity. weri nsferttd 10 Pin¢wwJ G)Trwwlics Club kntrllta. ¥ 1 8Olll8 ¢oIK¢nL 'ne*r￿1 fjyttwsicx club Limi*d ¢ebKd ￿ b¢ dornMft¢ ￿ I Septeth 2012. tort¢ith*d Ikt Ir*JiTh8 %ii¥ily of Pin¢*￿¢4 Gytrmjutits Clth. By operntion of l•w•ll tr￿1￿¢5 ife dirttiots und¢f the Conw•ni¥ Zl)JO ￿ dl dirt¢iors tte tnM*es under Ch*riiies Iciislalion and ￿ve TrSPDnsibiliiies. brAh charity1¢8i51inoTr. The Itwstses •r¢ iL¥JivithwlK RKFEIiENCE AND ADMINJSTrATIVE DETAllS R¢￿terfd Company lurnbtr 0773329Q (Engl￿￿ I￿] Walcsl PJge 8 ri•ewo•d Gym•AMies Club UThlted Report DlthtTrnste l•t the Ytar £*de4 31 2 R¢glslEred Ch*rtty *tyJther 114438J Rtylslertd offlee Unil 6a, Pineyffjod Cen Old Wokinlham Ro•d Wokin8hwn Berksbire R040 3AQ J Low¢ D Nt•l Mrs H Wili¢rs J Yyjnovi¢h D Dickson IIppDinied 17 9.241 Mr$ S Plc¢twood IippoirKd 17.9.241 P Ridout l•ppoinird 20.9.241 P Holbrow Irt$l8Aed I1.9.231 D Blotyl Irmlp￿d 17.9.241 A￿11* Htrris L4c¢y irA Sw# Ch•nered Accounulis •ftd S%•fytory Awh'lo Th¢ ￿"v*01d¢ Buildin Hessk Easi Yor*¥hi HU130DZ BA4k¢n HSBC, 29 H4k Stre¢L &bY*ert¢y. Swrof. OU15 3RE Lioyds Blllk pk. 7 Cffief illlox¢*r. ST14 IHD AJdemwr¢. Isr Fjwr, Bio¢k B. Wt*trTr HthM¢. Lytth w￿1. P￿¢￿￿)rOU4￿ PE2 6FZ UnLtcdTr￿¢ Bank. l RopenMk¢r Sw L￿d0Th ECIY9AW Clyde4d•k B••* PLC ltr•diD8u Virym Moncy), Isi Floor. 40 Si Vitictt￿ PIKe.OIu8ow. GI 2HL STATEME14T OFTRUSTELS. RE5P(H481BILm The trustees (who art •lso the dIT¢¢K￿ of Pincword GynM&s¢its Club Limt￿d for the pwpos¢i of ¢onip*ny law) •r¢ respoosibl¢ for prep•rLn8 tho liryort of Ihe Trnskc$ 4tsJ Ih¢ f¢n*Ki•l in i¢¢ordance ￿PlicabLe law aiid Unil¢d Kin8dom Ac¢¢)wihn8 S¢wthrd5 (Unikd Ki•G#%nJly A￿oU￿MI Tr*iKe). P48e 9 Rwt of Iht Trnitts f•r the Y&*r E*d¢d 31 AW 2024 srATEM£NT OF TRUSTELS, RESPONSIBILITIES. ¢onihw¢d Con¥any rtwirtq ib¢ inK4ees to PreP￿e fi￿￿￿1[ stliernents for eKh fw4aJKiII wh*h give * f•it ¥i¢w of the $18ie of a(faws of th¢ charithble ompany of th¢ i￿on￿n& resowces #rtd appli¢iiiort of resources, incl￿#$nO the itxome al￿ £xp¢ndilure. of the chariiable UlT￿llEY for th#1 ptriod. preparing th￿ finarKiol statements, Ihe InJsi¢es u¢ le¢wir￿ ro l¢¢r Suitsble aCCOUDtin8policie5 ¢hen wiy themcLThl*a￿y.' obseryc the rneih)d5 Ind pnrrtipl# in Ihe SOPTr: moke jud8crncnts 4NJ dtimai¢s thil •rt Te•ton•bl¢ •nd pnOw)L' slilr wh*her &ppli¢ible aceountln8 wNJ4rds hv¢ b¢cn follo1￿1. *JJjtci io any maierMI dep•rture8 dlxlosed ¢xplairt¢d irt th¢ finaftciil staremEnts'. pryoi¢ ihe fi￿￿141 lriicmcnts On Ihe c¢rtern bA%i8 li i¥ in*propn•te 10 pres￿% ihat Ik Gh•¥iiibl ¢oryiny will ¢onlinu¢ ill busith The ts4bSte¢s art resp)Mibl¢ fof k¢tW'h8 pT¢per •¢¢ourttin¢ rKow¢* wilb r¢BsoMblc 4f¢W*Ey Il •ny lime the fin•n¢i•l pos1t1￿ of ¢harilthk ¢ompAny •TrJ 19 ¢nabit thcm 10 ¢nsiirt Ihii the Jt•*mcfit¥ ¢oryly wilh Ihe Cotrwi¢s Att 2(￿. TPrty ar¢ 4bo rt4y)nwbk lor ollhc C￿riti￿k conwny Ind ￿ll¢¢ for i¢•SOMbk steps (Qf th¢ wev¢ntiop •￿￿ ofhud other wrt8uIviiiu. Inx• f¥r￿ the tnutrt$4rt 4wxre.' thttt is no rel¢w•sM •ydii infoTm•iion of whKh ts ¢h•nMbk 4udi1On tre Ittd the trustees thk¢n 151 stw ihi thEy WAILI fo hllve 10 Ymke Ih¢nvel*¢¥ •wue of •ny ￿1¢￿1 I￿411 fornwlion 10 ¢lthbl￿h Ihi rh I￿11￿ ofihw infornwiorL AUDITQK8 The ludi1r￿, Ilurn Lw and Sw414 *ill beproFrfAed for ￿1pPOir1MEV4 al th¢ Mc¢iin& R¢port of Iht ill¢ dire¢lor¥, on .io-. ..ittrJ.Toi.l..... li 4 srruey rwt. approved by of th¢ of ¢fV5¢eA u the ¢ompDny thndji￿d on tk bd*ifby.' Mr¥ H Walkrs. TDA81ee Page 10 R£p•rt •fthe Awdit•rs the OplnloY6 W¢ bav¢ audiled the fJnaDcial smt¢[￿￿% of Th"Dr￿ Gyra**ics Club LiThiltd lthe iknrimble ¢othyny) for lh¢ ended 31 Awl 2024 whith ¢LMW&SV of FSnWKi￿ A¢iiwitiK. th¢ B$1￿ce She¢i the Flow 5takttKnt ind not¢s to ¢h¢ fi¢w%ial st•*rt*nty. ￿lUdin1 of 51yifvnt I￿011￿¢•nI policie& The fina￿111 rtponin8 frame￿￿ h*$ been applied in their preparation ipplirthlc liw and Vniid Kingdoin he01￿ti Siartdths IUnii¢d Kin8dom Ger*Trlly Ac¢¢pt¢d Ac£ountJDZ PTaciKe). In ouropinion tPrt financial stalen￿15.. 8iv¢ a tyue atyd fair view of the ¥thte of rbe ¢￿TrI￿ble cry•ny5 Affair4 •5 * 31 Au8uM 2024 of Lts illEoiniivd f¢sour¢es and ¥plic41ion of resoum, I￿ldin8 its ll*omE a￿j ¢ApeLvJilvr¢, fcy the ffttthen eA&d. vc be¢n Pro￿TlY prePa￿d in •c¢Or￿¢ wih Uwt¢d Kin8dom G¢rwAlly Acecpted A¢¢wniin8 Practic¢', havc b¢cn pt¢p•rtyJ in #cord•￿¢ wilh rbe requi￿￿￿￿5 of the Aci 2006. Baih for oplulo W¢ ¢ondll¢t¢d c¥r Awjit ￿ •¢cord4nce with IMe￿Il0￿￿1 Si•thrth on A￿J1¢In% IUKI IISAJ IVKI} ippliubl¢ low. Ihr r¢5ponJibilitid unthr stajkftrds ue d¢xtibed in the Atsdiiorj, Te5p)nsibililiei for th¢ •udil of the rsnanci•l K8iemrnlS seclion of our rtyDn. We ire Inde￿n￿ni of the ¢Ewi¥ble ¢OmPAny ift Kcord•Thc¢ wsth the ethi¢ requirements t￿1 tr¢ w¢kv•rtl to ow I￿1* of th¢ fthwial siatsmcots in th¢ UK, incl￿1n9 ts FRCS Eihic•l Sthndar4 nd we h*vc fulfilled ow O¢h¢r ¢lhi¢*l ft¥W)￿bIll11#5 m •¢¢ord*rt¢ ￿th the¥¢ rtqvir¢nKDw W¢ b¢li¢ve iht the iudil C•n¢lusloAs rtlillal to t•1￿ ¢o•¢¢r In •udisin8 the fiMnci41 Stslements. we ￿¥¢ I￿￿ Ihe In#tr#' of the ￿$1$ of 4¢wmtiQ8 ift thr pTtpArnlion ofthB finuKiil Li ippr¢yiii< Bwd on the work h•v¢ F¢rforrn>J. w¢ h•¥t M Jde4Kif*J •ny n¥E¢rial wKutainlic5 relat￿&t0 ¢v•nts or ¢¢1￿1110n1 thii, Individ￿llY or ¢oll¢¢li￿ly. may ¢*# siwfJc•nt doubt on Ihe charil•ble con¥xnls thbility to tonlinue 1$ 1 8Ollll Ini frw i p¢ntyl ¢*fii Ir￿ E4¥tlve mDtstt8 fromfkn the Ire auihorhKd for issy¢. re4>muibiliriu tht iliiiu ofthe *ith tty¢i ro 4T¢ d￿l￿ed in rtliv** of Lllls report. Itr Inf•rm4lh The trnstees are rcspon¥ible for the othtr infun1￿10￿. Th¢ o¢Frtr infonD•riofy the ihfornytion Includ￿ in th¢ Amual Reporr. ￿h¢1 Ihthn thr rim￿141 thl¢thEn¢s •lld of th¢ Indewdui A￿10￿$ therwn. ¢lar ownion ￿ the fihw%iil &xs fjor rover th¢ thr inhtm11L￿ knd. tx¢¢o to ihe extent othem li¢itly s￿led in our report. we do kny farm of ¢￿I￿lon d￿r￿. In ¢¢w*c¢ion *ith ow ofthE rtspomibility it•d the other ir¢fomuDon in doioi #o, c•n5id¢r whoih¢r the o%her infotmirion ￿ rn￿rIallY iAcoMthttt wlth tt* fin•￿1•1 tht¢nKnts OT our knowkd8e Qbiiined in the 4udil or otPthik •ppe¥$ 10 be maieri•lly m¢41•￿ Ir ￿eThI1fy malcrial inconsii¢tneies thr •pp•rent tMt¢tiil missiat¢ff*n¢S, *re to de*TmiThe w*tth¢r this V¥eS io a milcriil mists¢*t¢n*nl in the finin¢i•l #*i¢mtnts the$r￿14¢s. If, b*￿ on the work we hvt PBT(On￿1I, V*t ¢on¢ludt th•1 thett is • mawi•l miM¢•len￿l of o¢l*r infonr•¢ion. ￿ arr r4uirti4 to f*¢i. Wt have in Ihis ￿84rd. OplAl•i$ otkoT Wlatt¢T¥ prescTlbEd by tbrC•thp*D￿ 1•16 In our qjinion. based on Ihc wark undcrtakts IR ¢04wse of th¢ audi1= infonnaiioTh liven ia thE Report of Ihe TnJsTees ttr* fiMn¢i•l >%w for whsch the fir1vrfi￿ SEife¢MllU are prepared Is eonsi5tcnE With the finv￿lI1 staiernrnts: the Repori of Ihe Truste¢s been prepthred in ￿CordI￿¢ ￿￿th •pplLc•ble legil requireMe￿s. prior PCTiod finaiKial s¢i1cme￿$ i¥¢r¢ rioi iLktiied and Lherefore the CoffesP￿Eng fJKurrA ￿ the fi￿￿1*1 itsit￿*￿Il Irt un•udiieA. Thbs is due 8r¢vp ¢x¢e¢ding the 4udir threshDld for tho first rin*. 8¢ 11 liepDrtof ihE JThdcptndt*t Audit•n ￿ the Mtath¢rs •f PiDt*•tyJ Gymwdt5 Cl4b Urn#ed MAtler5 wt rtq+Jired i• rtp•rt by ¢x¢epdo In tht lighi of rhe knowldg¢ and urtd¢rs4ndin8ofibe ¢hariiabl¢ ¢otr9￿Y itscnKrorll￿ L*tained Èn th¢ ¢owst of Ikc iwfit, w¢ hav¢ not th￿Ifjcd nwteri•l rnlsfvten￿rfS ill thc Rcwof theTn￿. We h•w¢ Th)thin8 to rewrt in Jcsprct ofthe hliowm•t*Ys kn th¢ A¢t I￿ r¢guI￿ rcport to yo i[ ity ow opiThion'. *quaie accounlini r¢rorth hve Mi l*en kept or rett¥ns adeqwlt for our hve Dot be￿ rt¢¢ived from brnTrchcs noi visiied by w: or Ibr finaJKiil stQicmcrA3 ar¢ not iTr 4sr¢¢nxni *ithlk ¥¢tww: or Yrtain d￿ClosuT¢S of trust¢¢s' mnutt¢tsiion v¢if￿d by l•w atc not madE' or w< kn¥e not r¢¢¢i¥ed 411 inforrrotion aTrJ ¢xpknlllions wcrniuirc hrow•udiL •1 trwt¢ As ¢xpl&ined n￿re fully in lh¢ of Tn&stee¥ R¢spM$￿'1ltiU. tP¢ l*tho ore ilso th¢ d1rrc1o￿ of IF* chariiabl¢ company for thE purpD*S of ¢ory•ny ￿￿) ar¢ wnsible frA rhe prtPArniion ofihc financial 51alt¥rt*ts ar for btirt8 Ulisf*d they 8ive • InK •Trl f•ir view. *rwJ for i￿ermI coDtrol ￿ Ihc knjstees determine is Tre¢¢5sary lo cn•blv the prep*rniio* of fifi•n¢1￿ St*l¢￿ts t￿1 •r¢ frc from ￿￿terliE rrisJlalciiKni, whrth¢r du¢ e￿or. Its pryri#i fin•rt¢l•J wienxnffj trw*¢5 •re rcwrniblc (or •wsiTh¥ the ¢huir•bl¢ comp￿Y5 4bll¢ty ¢Oft1inue 15 • goini coTrce￿ disclDsin& Is ipplthle. m•tters yel•ied 10 80ify8 ¢￿trn *r￿ u5tn¢ tht xtyini ¢onc¢rn t•s1s of xcounEU4 th¢ eilk tht¢tyJ ty Itquid•¢t Ihe ¢h•ritsbl¢ ¢(¥mp•ny or to ¢¢wc oper#tions, w havE P•8t 12 Rwl •1 tbt JhdeptMdeDt Audit•rs lo tht MentherJ •( osu rtspoosibilities for tke Df ikn slJlemtM Our objteiives are ￿ obtain rea50n3bk ￿u[an¢t 8boul wlt¢ther the fi￿￿$81 sth¢en%nu •$ • whol¢ ￿¢ fr¢e frDrn rnaierial nutsiaieimenl. duE to frnud or ¢rn. aod to iw a R4kn ofthe Independcm Auditors that includu out opinion. Re￿nIble ¥sswtsKe ss • high lev¢1 of•swrw. bui i¥ not a guDrnnrte that aD uudil cOnduc￿d in i¢¢othn¢e wilh ISA5 IUKI will dways d¢tKt a ÈT4*ri•l rD¥yai¢mcnt it cxw. Mi55th1cN*nt$ ¢¥n ari$¢ from fraud or ¢rror Ind ar¢ consid¢r¢d MI￿￿1 if. individuDlly w in the aWe￿Ie. thcy t¢)uld re4s0nbbly be txp¢¢ied 10 inflDen¢e th¢ ecottomst d¢¢i$ions of raku on theb#is of fifi￿111 We Ldenrify iTh11s*s5 risks of ￿￿trI•l misst•t¢ffKni of ts fuwKial **tenxM4 whcrhcr duc its or tmr, Ind then desi8n Ind p¢rfomi audit wo¢¢dwes re¥*n$1￿ to thos¢ ruks. Incluth￿ O￿lning I￿*￿1 cvid¢rt¢ that ￿ s￿￿1¢1¢￿1 Ind wropnite to pr(*vid¢ for•uropthi Identifyin8 i￿1 as1¢55in¥ Po￿￿11&1 Tisks rtJ•t¢d ￿ in8kn14riii In idtnlifyins and *s#ssin8 rtsks of m•wt•l N51tsteff*nr in r¢sfft of irw¢Wir*i¢s. fr*tyJ rrt)n •th¥t¢d the r¢commrDd•lipDs of Siitets%n¢ of Re¢omn%TrJ¢d Prn¢ls¢e 150RPI - AGcounlin8 irtd Rtportini by Ch•r¢t¢¢s- MArch 21Q5' aTrd ¢fjnsidention is &bVCll to the ￿10[ S￿¢¢81¢, •nd op¢rnlional r￿kS ￿1¢￿ th¢ ¢lub fxc¥. Po*nliil riths f*ted by tht ¢￿b ￿¢ntIr*I. Ind tr trullces minigcmcnl i#m •16¢M thu¢ iisks in ord¢r Its miliple Ik Clubl ¢xwJ¥t. The try¥te¢s Tevicw riskn on * b￿11. Th¢ N•illrt•f IA¢oa Groll ¢rKom¢ reve￿1$ th¢ wlu¢, net tsf *1￿¢ •tyJ dI￿￿nts, of prnvvJtrJ w wiomers Or work cArTied gur in rc*t¢t orseThi￿ kvo*ded to ¢w¢omen. Income 13 cil¢8ori*d As irKome from exc*ry (￿ltr¥I ilLMtii¢l ￿ ir*wa¢ from DOn4￿h￿nN¢ irniIM¢lion$18iftsl, investnxni Otheri￿Ome. from cx¢h*n8t irnnA¢ii¢N is ree¢iv¢d by the chriry for or gervice9 supplwj ￿ljer or where ￿tIller￿n¢ is subJe¢t 10 fulfilli￿ p¢rf¢nnutt rellled coJ¥JiiioAs. The ihcoffrt the dwity rn¢¢ive¥ li •pproAMMi¢lyeqwl in v•lut So￿or kniGessWli￿ by Iktl￿1ryto ih¢ purclwser. IKome from a mOll•¢xchn8e is th lh¢ ¢h•riry reryiv¥ ￿luC ftom the donor wbItr￿ pro¥idin8 ¢qual ￿1￿C in exth4n¢e. Itwj in¢bJdes doNiioM of ￿d5 •TrJ ¥crvKes freely liven withoul 8i¥w eqwl V41ue in exch￿¢. Jn¢me retrfNltl•n IrKome, whcth¢r from exch￿81 cf Trn*SI¢liD￿. li r•w%d in the ¥t•t¢w¥nt of fi￿￿1￿1 •¢liviii# ISOFAI on • rev¢vthl¢ b•5￿. i ￿nI￿110n or Te5uhs u) ID I￿[¢￿0 In Ih charity's ets or • T¢duclion in 115 li1￿1111¢3 onfy whM th¢ ¢h•riiy hs lepl entiilemBiiI. the wthble •￿9 n be ¥nuswtd ￿l￿bly. Incr•mc subjccl lo •trJ cO￿J11$0￿ **i¢h JTWt be btftyt th• thTiry Li ethiltkd to the nx•r¢u 15 noi t¢￿0n1$e0 urtiil tbe coTrJiiiOft5￿￿ been mcl All I￿orne is a¢tountsJ forgT¥)u. before dethxlllbB thyrehkd fe¢s OT ¢O#L AtC•UTrllr¢g (or defeTTed hcomt IRtornt ￿￿¥¢4 IA *dv*nc¢ Whw¢ I¢M￿ eondiiiorts rclaiinB tD It￿Me hv¢ not met or cxi515 as to whcther th¢ ¢haryry ew n￿1 arsy ierms W tondiiioDs othemse C¢Nrol. uKomc is Mt rt¢O8th￿ed but i% d¢frrrtd as * l￿b]I)lY unhl il IS PTohbl¢ ¢￿t Ib¢ i¢nw OT¢thliiioM inwed c•ii Ix MBI. Pa8e 19 ¢ontu)u¢d... Pillewood Gy]DM•siits ClthbLlml￿d (or the YeAr E•ded Jl A¥8#512024 ACCOUNTING POLICIES- ¢•D￿me￿ Any yini thoi ￿ wbiEth ￿ ￿fOrn￿*re￿led ¢oThtilioM ttteived •dv•nce of delivering thE BDDds ind s¢ryiees rewired by CO￿lI10n, or is subjECI lo unmEt Co￿dI￿70￿5 whDlly ou15id¢ the ¢ontyol of the r2CLpieJit ¢harity, is x£ovatcd (or as a Ii•bility *Nd ON ih¢ b*knDC¢ sheet as defttred iThcomc. Deferrvd incr￿ne i r¢leAs¢d w i￿orne ￿ Ihe reportÈn8 period uj which the perfoTK*rrte-rttsttd or otb¥ conditions t￿1 limit reco8niLion m#. Wh¢n from • or dwilion bc¢n reco8nvd the Conditil￿ a￿lYIng lo th¢ 8ift not Ing *tholly withsn tr control oftht rtcipiem Ch￿ty. il is dtickned r0Dlin￿llt •ss¢t if r¢¢¢ipt of th¢ ynnl ordwtion is wthbl¢ )r￿e thosetLN*diliQ￿IIt rth. Where rimt rel*ed ¢ondiiioM ryoKd or iry11￿ by • fvTra¢r. the is ipMion¢d 10 Ihe iirf PEri¢th Col￿ne￿I￿J. wthe¢¢ •FS)li¢able, ks •u(rt￿tel fry 4¥ i li4￿.1￿ ar#J the bil•Ne shee¢ 41 dcf¢rr¥J sn¢¢fa¢. Wh¢n y•nts Ire Tecuvol iTh of the exper¥Jitw¢ ort Ik *Mivily fiJlld￿ by th￿￿. bul there •r¢ no spttifie iimÈ i¢J•¢td ¢th)ditio￿ th¢ i¥ Try dcfeued. Any condir1￿ •lknw7 for lh¢ Te¢m%ry by th domr of w uwrthj w of • yanl not w¢vtnt T￿O￿lI10n of the ¢¢)￿¢M￿ i kn￿111ty to 4ny rep•yw*ty is when rtplYn￿ be¢%xrki probDble. IxpeAdltwr• Rt£ryJltlM •rtknbUltk¥ ¢%p¢Ddiyr¢ A h*bility, the relarcd tXPETrJilurt, is rttwiis¢d **en • le8•1 or ¢orwtiv¢ gbli8•liDn fAiilS M a r#uli of st event. •lld when il is rN)rt lik¢ly Ihn not th•1 i ￿0$f¢r of ecaftomK bcn¢fits will be requittd sen1￿[ and when thc ofih¢ 0ts118•1ion ¢•n be ￿￿￿￿e4 or r¢liably e¥l￿red. Li4bilili¢s •r151118 ffom fvlure ¢ornmiimenr5 eor&knJttiY¢ oblipiiom, uKlydini perfgnn¥x¢ relittd 8rnni$, th¢r¢ Iht limmi OT Ihe •muni of Iht fiJ¢urr expthjilurt wired to wile ihe obliKiliofi are unrcrtaiT4 8)v¢ rise io i prov?sion in lh¢ •¢¢owtts. whi¢h is revie¥btd li Ihe aCCOWLIi￿ yur end. The provision is th¢r¢4wJ to r¢fl¢cl My irtrew in ￿•￿"11¢•#. •nd 1$ *re¥e41 by tht utilitsrjon of #Ay provisioty wiihin Ihe pwiod. rev¢tsed if4ny proV￿10n i¥ no longer Yhos• th)v•mthb WÈ ¢hwpd or¢Rth'*J to thB rwpwiY• fvn& and xtiviiiu lo which Ihe provtsth ttlthi. A¥tse*lloD *P￿rtIO#￿e#l Of ¢• As the ¢lw¢ry has. sthli￿lIlIy. only ort l¢liviiy. costs be￿ •lloutsd tsti*ty. •x¢tyt f•r directs Tan￿1£ Ilttd Deprc¢iiiion is provthd •t the r•t•J ID or&r off eKh alxl over ils ¢slMMled uwf Lon8 le15e1￿Id Inwroven*nts lo pro mKhin¢ry Offi¢¢ eqUL . I￿hOfIe￿e 7.5% ON ¢¢41 20%oTh ¢0$1 20%on¢ The clurity b*ve i ￿l1¢Y of wiuli1oJi*Thy £SLX). th¢1 uKl*Jes •ny ¢OLryt¢r ¢qUisKT￿nE Jbovc £500. IU8hi of use ¥s¢l Tb¢ Chariiy have chos¢n ro eufy •Jop¢ Ihe FRS 102 S¢¢iion 20 aMe￿￿￿ents thj hve therefort assessed thai the kue of is i righi of tss¢ I￿1. As • rysult the lea% been rtCO8niKd at Ihe pr¢s¢ni v•lu¢ or unpahl lease payrrKnts over ¢h¢ kn¢ ternl disc¢JwJted ruk-frer rn￿. Thv It￿ li•biliry hls ikn been li•biliEi Pagc 20 tonlinutyj... TOT the Yur £￿IE￿ 31 Au¥B5t 2014 ACCOUNTING POLICIES-t•Atl#lled T*thWblt flxtd •¥xls Th¢ it￿* 4ss¢i h*$ d¢pr¢¢iawd in linl with the of tern I￿1] be subject to kn *nnuAI iryau)￿ miew by th¢ tr￿1 SIK sI￿k is vAlu¢d it thc lower of ¢0st nct t¢*listhl¢ •fttt d* for obsole¢t ind 5Jow rr0>￿￿& it¢iiii. Th¢ Tru#¢es ¢oosid¢r th•t the ¢b•rity Mti3F* th¢ t¢M ¥# wt in Parny4ph l. Sthduk 6 of lh¢ Aci 2010 for UK ¢orporxtion iu vwpo￿ Ac¢ordi￿y, thr Ctiarity li Wcnli¥llyextttyt from i•xilion in of or CaPiE•I rxeived ￿thIn c•t¢wies ￿t￿red by ¢hptu 3. I l of th¢ Ci4pr•iion Tax A¢1 2010 or Section 256 of Ibc T•ulion of ChMy#ble G•iAt kn1 1992. ￿ tl* ex￿1 su¢h in¢cffj¢ or yins 8T¥ •ppli¢d ¢¥¢luyvtly w the¥petifi¢ ttr*Titsble objeets ofthe ¢h•rtly thd for fiooiF*t pwpoR. V•bJe AddedT•x li not rtcover&bl¢ by thE ¢hrity. is thertfott u*lwJed ih rtle¥•M ¢oM ift lh¢ Sl•¢¢ir￿1 of FinwKial Fiod Unrtstri¢i¢d can b¢ uxd ￿ XCLYdwKc with thttl*itsblE obiKliw il the of the trwiees. ktsirieied futyjs cln onty be wed forwicui•r resiii¢trd pwp05¢5 ￿th$'￿the objtcts of th¢ Gh¥iiy. R¢wiuions Irise when w¢ifi¢d by &*dortoror fvDdJ forp•ni¢ulu T¢*ted pwpos¢i. Fthkr ¢xpknn•iKJn oftb¢ Mture and Pury0￿ of cKh f￿d ￿ inclth in the to th¢ Htrt p¥rchA5e le•slllg e•#b#￿¢￿tI￿ The inlcrHr elemenl of th¢s¢ obli8*tions is th￿ to th¢ Sr•t¢Jwnl of Atyivili4 Ihc relcvani period. The ¢•pit•l ¢kment o(tht fvtwe is tre4ted 41 a luknllly. Renthis pllid und¢r opeTrlin8 ieAw *? the of A¢iiviiiN oo • itr•whl liN b•sls over thE Period tsfihE i¢ue. Oth•r pfyll¢t•s l¢Dated FID Th¢ ckncily kn de￿￿[¢de¢ll•lfy fix•1 •x¢i u4rtrlbut￿e kn fix￿ awtsthil pwchAsEd ￿11 The thi8Mt¢d fixed knd tr￿¢1¢￿￿ pw¢h￿¢t0* oftr*Gym •TrJ OtfL¢e Similvty. when fix￿ •ts¢ts irt wuirtd. will be to ¢k&I￿led fjxed aiset Ojtsjs. Mtmberthlp The irKom¢ Ind any ￿$#C￿led Gift Ahl or oiher r•x refi￿d frorn i meth¥hip su*riplion by Iht ¢hinty in the narwe of * 81ft, is •Cer￿￿ted for on the JamB *s i dDMtio Th¢ incwjt frotn a Tr￿n￿ErshIp subs¢ripli¢JJ I￿￿1Ved by rt¢ ¢￿AlY th¢ wbscrip¢ion pYcha5qs the ri4hi to ser¥Kes or knefiis is reCoxTh1￿ Is iAc¢)Trt fmm ¢h•rii•bt¢ a¢iiviiie5. VoluatEtrJ In *¢¢othrK¢ ¢h¢ SORTr. *TrJ ￿ ffCOEntiion of thc (btrKuliKs in pixin8 ¥ monethry ￿1￿¢ on lh¢ conthbutioll frvm volvnie#s. th¢contributiOtt of volun*er5 is noi inctu&d withjn the In¢On￿ Df rhe C￿nty. 21 ¢oniinued... N•ttt t• the YLIADCiAISlalenellts- t•r the Y¢*r Egd¢d 31 A¥¥wl 11114 ACCOU14TJNG POLICIFS_ cullnu Other policl Dtbtorj Ikblor5 irc m¢￿ur￿ al Ehrir rt¢tsvcrabl¢ *rMwAs •¢ the hl•ry¢¢ d CTedltors •id provlslo ibilili¢s ar¢ Incluthd fw th¢ Provision orth¢ Otylllow of fimds ip ￿la110Th lo followin8clas5ific•iions'. Liabilily". Wher¢ ther¢ is i d¢finit¢¢off#nttnKni io an of¢conofflit benefit with * knovm v*lD¢ Pr0virri￿. ￿1$￿8 from • pr¢s¢M ¢bliyuor* to py • third *n5uw from * p￿1 ts%rt1. Wh¢rt the in￿￿1 01 kno*n• reW￿ble estSiDoie is Dmde. CoLNwlrKnt. Arising from i drcisioll to ¢i)¥iiirri¢ to • li•biliiy* PArt no ithrtcd Trj hts b¢en m•d¢. bui i ¢¢*va¢i miy h•ve b¢¢n ￿trI¢l into. Estjin•1￿ •nd judee**nrs •1¢ conti￿llY ev3h￿r￿j itr btsed on expttiett¢¢ and facion. Includin8 expe¢￿11¢￿$ of events th•1 Ar¢ b¢lie%Yd to bc r&I50n￿Je ULth tbc cirtutrts1l￿¢I. Although thue Mlimliu we b4xd on th¢ awn￿5 b¢st knowlcd8c of Ihe •mts￿, evmis w •¢iion4 1¢iuiI Nulls uliim•idy dirrer from Th¢ Chnly drti ¢(M6￿¢[ 10 b¢ w•wial ¢wmaEe5 And Fllltstl*l The ¢hority only h•$ fJrt•n¢iil I￿15 •nd finllnciil li￿lIrt￿ ofi ktNJ th*1 ylify u bmi¢ fiNr&ial iosirun¢nts. B￿¢ finwKiil initrurw¢s. includlni Inde #rtd ￿herd¢btt*S ar•J ¢R41¢i0￿ u¢ ini11￿lY M8ni5¢d ai trANa¢lio vllwe 9thtqlleNly al thcw *ilett￿l vih*. WlndlM¢ Tp Dr dth•lutkn• bfiht tknrlty Ir upjn windini up Of dwwlulioA of ¢hwity remiird any Is￿t4 •ftu ￿til[￿lI0￿ of ill dtb¢i Ind liibilili¢i, lh¢ Mxts reNuen￿j by ih¢ ¥cwwlttt¢d hubj be tr*r4ferttd to ￿me other ¢hm'tsble body or ies h•vini wTN14r objects ro th¢ cl￿1￿. trf)NATIONS AND LEGACIIS 2024 2023 Don•iions 3,792 2,$58 OTHER ThADING AcTivmES 2024 2023 694 1,636 Pa8e 12 ¢¢n¢inu¢d. . 14ole5 to Ibe Fillllllcl￿ Ststemtllts- r•A￿lled f•r rh¢ YeAr E•d¢d JI Auimsi 2124 INVLSTMENT INCOME 2024 2023 ieiest ￿e1¥￿￿- Ir•Jbn8 12.045 5.681 INCOME FROM CHARITABLE ACTivrriLS 2024 2023 Acuvity 0thrrtr￿rTr8 athviti¢s awii•bie tyadifi8 ￿1vIlle1 Ch•n"table tr￿1￿8 Kllvitics Jilble tr￿1￿8 Ktivilics 50.955 221.588 489,468 IJ7,402 145,217 38.983 217.044 425,498 124.110 127.635 sq1￿d incort Rcc incorrt her ¢oa¢hin¥ tTKtyn¢ I.¢M4,700 933.340 RAISING FUNDS Other trldlai atll 2024 2023 Pur¢h*Ms 750 tHA￿TABLE AcnvmESCOSTS Sypp)n sts Isee Dirtc( 81 Tom Chrimble Chwiiible kndu¥KiJvilitrs Chorithble d>rttl ￿lfil 104.852 303.433 lJ9.4J6 427,CQl 531,160 3OJ,488 139,436 7,776 42 .LK)8 974,784 SUPPORT COSTS E￿￿0Y ¢osty FINrt¢l￿ Proki￿nI1 Govern￿* Toiils 3J.432 79.119 33.432 427.￿$ Cknritsbje 326.525 11,764 326525 11.764 460.440 PaF23 contlnued.. N•tts i# iht Fl4*4cl*lSMtew•ts. ¢•4tlDued l•r thE Y￿r EAded31 A•IMSI IOZ4 SUPPORT COSTS- ¢￿t1p￿d E*y¢¢ eoits 2024 2023 Tollll ckn1￿b1e 214.451 17.340 12.336 18.60J 5.814 181,866 10.896 15.4 24. 6.n7 30.018 iJ,ioy Cos R¢nt, rntcs & illJUT4nr TekphoDe. priming & MainEcrwKe & t￿￿1￿8 Ac¢wiiin¢ & ¢oryut¢r¢oity 14,140 326.525 2B2.229 2024 2023 TOMI Tot•1 exp¢th Ch•rithble Bink & T¢&i¢d ¢h•r8 ()her expertses Depre¢￿¢)￿# ofmnwbk fJx¢d Lots on oftM8iWe fwd 14,456 ijio 63.153 14.456 ijio 6J.153 SJ,4J2 9.502 2.535 58,995 33.432 33.4J2 79.119 71,052 Pr•fe#ha•l 1¢¢$ 2024 2023 Totsj Aetivititj C￿lit*ble Prpfessiornl ftrs Equipme￿ ea• 5.250 6.514 3 JO? 6.415 11,764 9.925 Pa8¢ 24 continued... for the Year Emded 31 Allpsl 2024 SUPPORT COM- ¢•tttb•#ed 2024 2023 Totsl athriMbk 1.5C NET JNCOMUKXPE14DITURt) 2024 2025 c*w¢¢￿tIOn.0Wrttyj HI￿ of pl4rtt roa¢hintry Def￿11 on di¥)o*l of fixfd ¥¥¥$ 03.152 22.5 29.175 6128S 14,403 9.976 i•. AUDITORS. REMU14ERAT1014 2024 2023 F¢es p4y•bl¢ to tb¢ cbaritys*w4itoo theirwo¢ithS for •*Jii ofthe ¢h*ntys fin•nci41 it￿¢M¢n[S TRusfzES' REMUP4ERATION AND BtNEFrrs There **re Tr) ￿￿¢¢$, other beneftt5 fw thc )t4r JI AuyJ¥t 2024 nor for Iht ended 31 Au8w¢ 2023. Tkn¢ expeDX¥ pA*I for the >wr ¢rtthd Jl 2024 Lwr yur ¢Thd 31 Auyi 2023. Pase 25 ¢oMiThu¢d. . l•Y l*¢ Yur Eodtd 31 Amysl 2Q14 STAFFCOSTS 2024 2023 GTOU Wa Emplo)%r5 Nl Etnpioyers P¢ns*on 605.177 41,769 10.538 564.927 38.858 9.645 657.464 613.430 Stif(t•sts Ind l¢o•tlnwd> Nvmb¢rs of full lime eryk¢y¢u or fvll rirnt equivikoty 2024 2023 67 Tr nwDb¢rofpart Ilmc cryltsTrJ irt Ik pr w Tr avern8¢ numbtrof fijll lime staff eryloyyd in tP* ￿ w Tht ￿timated full lim¢¢qw¥•kni nu¥thf of Ill stsff env10y￿ ID 57 10 20 20 The ¢Jt*mi*d equiv￿¢￿ wjmber of Ml lim¢ sts1fd*￿j in difftyuy •Cli￿li￿ in ye•r wu... loiaied on chanthblt A¢tiVLri Ea8•8¢d on rnwen*Tht 4J¥J *dmiAisrrntion 20 20 Neirber thi Iru51ffls nor any penom conhxied *iih them h4v¢ [￿•1¥¢d ffjy¥trypuKrAlvJn th¢ ¢hm'tyoT *ny r¢knlcd enlily or reimknxd •nYexP￿ either in prior >w. D¢llJKd ¢OAlrlb*tloo icbtiiitl Th¢ chanty opw*e¥ i defined Pfll5LQn Ktr*m¢. the of*thi¢h •re above. crAM￿lMents th¢ xheme for pr •he•d •r¢ Sho4￿ in fftitc 21. Any li￿11111# •ss¢t5 with thtxlwm éB&on ¢tedi¢o COMPARATIVES FOR THE ￿ATEMEN[ ov FINA14CJAL Acnvinls Unrtsrri¢ied fvndi INCIXIE AND 114DOWMEPITS FROM DgD•lioN and IEwi 1558 Oth¢r *¢livili2 6J.152 1192,7451 3J05 AI 31 Au8w¢ 2024 3 JOS 111.649 ?30Jn 26.773 441.099 t4KT BOOK VALUA Ar 31 Auwst 2024 79.J30 274,748 142.410 3.545 504,OJI AI JI Au8u# 202J 344,495 68.782 115J65 Pa8v 27 tonlinued... r•r tht y*￿ Eaded3J Axiwt lQld Is. 2024 2023 StDrk5 JJ J76 16. DEFTORS.. AMOUNfs FALLIPIG DUE WITH114 ONE YEAR 2024 2023 Tr•de ¢kbiors Prep*ynww¥ Ind ¥¢nKd 916 10.778 20.989 11.704 19,477 17. CREDITORS.. AMOU14TS FALUNC DUE WITHJ14 ONE YEAR 2024 2023 Fir￿# ie•¥u {x¢ npt¢ 19) Tr* ¢redI￿ry s￿111 scwity 4rA Aetn￿¥ •nd d¢fen¢d irKom¢ 8,731 2,If 185,7 168.749 198,031 184.353 DtfeTTed kn¢•me. UAr•¥lrkt¢d ••d D¢¥lp*t¢d f••th Optthl Dtl*rrnls R¢k8Rd from prior y¢* Rrttlwtd Dtferred IA ye*r F¢u ind r¢¢ei*rtd in 4d¥•rKe 1S0.W4 (150.(￿1￿ 166,505 161505 Tol•l (ILK).(￿) 166.X$5 106.505 2024 2023 Th¢* def¢rNli we ¢r¢diioys 166.SOS These dcfcrT¥ls Jtt¢lud¢d in cttdim rel*te ¢0 Income 5pxifLtd by the as r¢l*iin8 lo specif￿ periods and r£pFescnl I1￿¢ plrts of u*tt#ri¢t¢d bJtKls which rel•ie ￿ ptriods MbJequ¢n¢ to lh¢ iccouThiin8 end Ite tr¢at￿ as incom¢ in 4dv¥rK¢. or. aliernaiivcly. whuc Ih¢t¢ ¢ondiiioN which be fulfLll¢d wior 10 idqmcnt ¢Jr w¢ of th¢ UDt¢SWiG*d fun4¥ by thE ebllnty. Page 28 cowioued.. Piuew••d Gyhwstk5 C￿b UNd¢¢d fw the Ytlr E*th031 CREDITOXS: AfdOUNTS FALLING DUZ AFTER MORE THAN ONE YKAR 2024 2023 FiMrKe I¢￿5 Aote 191 81901 19. LEASING AGREEMENTS MiftinTr IBue w•Jer fir￿￿¢¢ kasw [￿1 foll￿". FinwKc Ica*s 2021 2023 N¢t obliplions ttyayable". Willun Bctweett one ifyj five In wc yt•rs 1,494 9,062 72,839 83.395 29. MOVEMENT IP4 Fuf4DS Tr•n•fers Ai 31.8.24 At 1.9.25 Uwosrncled fuTr4 Dttiwwted fund 41W.156 J83.903 $1.901 (40.803) 40.ioj 411,254 424,706 784.059 835.960 TOTAL FUNDS 714.059 si.srfJi 835.960 N•1 hM¥h. in¢lw&d tth th• Ire ¥ folkn￿.. Movetr*nt in fvnd¥ expended Vurestrkltd Uwcslriclcd bJL I,Q65,481 11,013.5871 TOTAL FUNDS i.rh15.488 51,9)] PJ8¢ 29 tonlirtu¢d,. Pthtiv•od CY￿￿tIcS Club Limited N¢t¢s r• tle FlTh*p¢hl Statements •t•DtiBwd r•r the Yt•t E•ded 31 Ajgwt ID14 20. MOVEMENT JN FVNDS- N¢r Tr4D5ftrs At 1.9.22 in fwids 31.8.23 Unrtsttltiod Vthre8th¢t¢d fund DesiKMted fvnd 3BI.717 339.622 62.720 144381} 44.281 4W.156 383,903 n1,339 784.Q59 TOTAL FUNDS l.J39 784.059 C¢ry•rnliK￿t wdwjcd in the ￿tsye ¥e Al fdlm". tr*oming Resowces Movemcnl r¢swrces tx￿]￿d in fijthds U￿¢s11￿1¢d filnd 933339 1870.5191 62.720 TOTAL FUf4DS 933,239 1870.5191 62,720 A yeu 12 aTrJpFiw yur 12 ¢Dmbifyed pNbliOn followi: Net TrnM(er5 Al 31.8.24 Al 1.9.22 iThfik U•ro¢rl¢i•d Urwestri¢i¢d lyTrJ Desspled fiu 381.717 3J9.622 114,621 185,0841 85.084 411.254 424,7( 721.339 835,960 TOTAL Fuf4DS 721,J39 114,621 B35,960 A cwienr yw 12 4rd Pri¢f 12 ¢ombined net MDw￿￿t iTrEhLdEd in Ibe *bc+Vt art •5 lollow$. Re50t¥¢¢s Moyemeni in U#testrkttd (TAA Urn¢yri¢ted fvnd 1,998.727 11,881,106) TOTAL FUNDS 1.998.727 11,344,106} Pa8¢ 30 tontinued. Nol¢s t• th¢ Fla*AcblStat¢Jn¢Nts- l•r Ike Yur EAd¢dJl A#¢•st 1024 EMPLOYEE BEfIEF￿0BLlGATIoNS 2014 2023 Pe￿￿£0￿￿11mEnII u￿r dcfirtd ¢*ntribJlK¥N th￿.. W>thbn ¢xK )vr 10.J29 10,[ 10,329 10,(KK) BELATED PARTY DISCL05URrs Th¢ Club Mana8¢r5 god d*u8hier cwri¢d ow • fwst t￿1 ￿ Pl￿￿d. TbE Club piid Q.234 ￿ Inspired 4 Lift18od diughitrs comp￿y1. FLyr Pine+*t*)d ryikiy¢es ￿tTe￿*d 10 of thr V*lth tateslpproved by the bo•rd. pr¢¥ioy% C￿￿. P¢tu HoibTtyW (rul￿d I I S¢oeo*er 2023), i• direc40r of Pollmon El¢ml Servi¢ Ltd. T￿"5 comp•rLy quoicd sel#ted w ¢•rry rerr*iti•l ¢lt4tyiuI *wrks 41 •f £9.744 12023. £4.8701 Ill work w4s qwied for li rn leo8th. ULTJMATE CONTROLUNG PARTY Th¢ ¢h•rity is undcrthr conlrol of tts n*mber& E￿ry of the etr￿11ty Li Obl￿ 10 Nch my be r4uued not exc#din8 £1 ￿ the 155¢ts of comyrty in ¢￿01 of 1¢$ bein8 Tr￿nd yp ￿11¢ he ar is i mtmb¢r. or within 0￿ y¢u •fter h¢ or sh¢ b¢ • FINANCIAL COMM11MENTS UNDER OPERATING LEASLS Al the ¢lwiry h•d ¢ThNniim¥nls uTh*r ie•xs u x¢ow below.. 2914 3023 Annull To￿1 Ncxl Yttr over who Opcrdlill8 which expl￿.. Within iwo to five ye•r¥ In ovtt five ye•rs 14.567 154.440 14,787 45.926 169m7 61,713 Pige 31 ¢onlinued... Piti¢*•od Gymfjwi¢s C￿b Li•itrd 14•t¢s t• th¢ F1awtslSt*tell￿Dts- ¢o•tlulled r•r the Y¢•r E•d¢d 31 2•24 DLSICNATED FUNDS Totsl FuDds LUE Year Totsl Futt 2023 2024 Ai i# Stpt¢n*¢r Tr•Thsftr (lol fmfflT¢w￿ 383.W3 40.803 339.622 44.281 AI 31sE Auiu 424.706 383.903 Th* p•rpow for whkk ¢kM¢ knv¢ b¢¢N +l*uted ar¢ btl•w'. beld for rnrelll￿ Ibe 1*i¢¢t1￿ O(th¢t1￿.¢y. *fyJ Unr¢41nctga F￿dI providr res¢Tves for *¢li¥iti# ityj. i￿Je¢l to ¢￿￿'tY k1ijlal￿, aTe fr¢¢ from ill ￿51￿10￿$ on their use. Dtsipthted Fixed AJ*i Futh Th¢ ofkn isdexn'bed unthr the4c￿mini pdi¢y 'A¢wili￿ 4vJ fix¢d 41¥1 Totsi Purtth Lth Ye•r TO1￿ Futhds Fw ￿￿#￿1¢4 FuAds 2024 2024 2024 2023 411.187 424.706 418,117 424.706 4(Q,156 383,903 Reveiiue desi￿thd fth¥ls T•t*l 14Z.89J 142,1•3 P•8t 32