GR FORD AND PANOY SPORT AND LEISURE LIMITED REGISTERED COMPANY N R 7574079 REGISTEREDCHARITY NUM8ER 1145978 FINANCIAL TATEMENTS FOR THE YEAR ENDED 31 ￿RCH 2 GRESFORDAND PANDY SPORT ANO LEISURE LIMITED INDEX TO THE FINANCIAL STATEME YEAR ENDED 31 MARCH 2 TS PAGE Legal 8n¢Y Administrative Details TnJstees' ReKK)rt Independenl Examlnef8 Report Stalernent ol Financial Aclivikn"es Balance SheÈl Notes lo the Finanoal Statements 9-10 Sèction accounts 11 GRESFORD AND PANDY SPORT AND LEISURE TD LEGAL AND ADMINISTRATIVE DETAILS Reglst•rèd Charity Number: 1145978 Registered Company Nurnber.. 7574079 Reglsterad Office: Gresford Recwts'on Ground Bluebell Lane Pandy Wroxhafn LL12 SEE Trustoes and Dlre¢tors K R Davi88 D R Evans P Gowng K P Jtsnes J M Williams Company Secretsry: D Evan5 Independènt Examlner- J Wallage FCA CISWO ITradingl Ltd The Old Re¢tory Rectory Drive Whist¢ Rotherharn $60 4JG GRESFORD AND PANDY SPORT AND LEISURE LIMITED T OF THE TRUSTEES FOR THE YEAR ENDED 31 MA CH 2024 The trustees (who are also the tjirectors ol the ¢harilable company) present their report logalher %Mth the financial statements for the year ended 31 March 2024. Reference and Administratlve Details The piesenl mernbership of th& board is shown on page 1 Stru¢ture, Govemanee and Manag8m•nt overnin Do The organisatyon is a charitabla company limrtad by guarantee, incorporated on 22 Marth 2011 and registered as a charity on 17 February 2012. The company was estsblished under a M8morandurn ol Asso¢ialion which sets out the objects and p¢)wers ol the chanlable company and 1$ governed under its Artides ol Association. Recruitm Intsnent of Trustees The diredors ol the company are also the charity trustees. Tnjstse vacancies are adv*rb"3ed and interested parties are asked lo apply In ￿￿ting. Interviews wll be held and suitable (>ndidates are then notified. Risk Mana The trustees are avmre ol th8 Operation￿ and finanrial risks which the charity la￿$ and ragularfy reviews thosé risks lo mitigate against any impact they may have on the charity The major risk5 facing the charity are the conts.nued success of the sothal club from which rt derives its main funding. the support of individuals and the community in using the f8cilib.es and the Introduction ol the younger generats'on lo provide lor Ihe lulure. The trustees work dosely with tho directors ol the social ¢lub and mernbers to address these risks. Or abonal Structure The trustees ¥tho have 5eNed the charty during the year are shown on page 1. The charity is responsible for m8intsining the premise8 and its contents and grounds in a suitablé slate of repair lor use by those who live in the surrounding area. It raises income froffl various charitable ath'vities. the main one being tre hiring out ol its laeilib.es to the general publi¢ but a substantial arnount of its In¢orne comes from ils connected trading company, Gresford Cdliery Sports and Social Club Ltd, which pays an annual occypats'onal licen¢tr fee to the charty in order to run ils business trom the tharity's mis6s. In additv)n to this. the ccmwy also trall5fers any profits it make5 to the charity undér a gift aid agreement so the trustee5 work dosoly with the direclors lo try and ensure the company 1$ prolrtable, thu5 ensuring extra ini*me for the ch8nty. Obl•ctlves and Actlvltles lor the Publlc Benafit The ¢harity's objects are to yovide and assist in the provison of falililies in the interests of social welfare for sport and healthy recreation and other leisure tirne occupation of individuals who have need of such lacilits'es by reason of their youth, age, infirmity or disabil+ty. finanaal hardship or social circumstancss. In order 1¢ irnprove their condits.on ollife and such other charitable purposes consslent wilh the above objèci(ve for the Èenefil of the public at large by such charitable mèans 35 the trustees may determire. C￿lInUed RESFORD AND PANDY SPORT AND LEISURE LIMITED REPORT OF THE TRUSTEE R THE YEAR ENDED 31 MARCH 2 CONTINUED Revlew of Actlvltles Icontinuedl As we closed the financial year on 31. March 2024. the club continues to O￿late an¢J be a pivotal sports. social and recr9ational faolities for the community within ils surroundings ol w￿xhaM and beyond. The continuation ol the use of the onsite foolball pitch for children's learns of under 9's, 10's and 11,$ rneans it used Several limes per week for league m*d)e$. 88 well as for training, fviendly children'5 games an¢Y chanty matches. (Used weekday evenings and Salurdaysl. The pitch is cut and maintained by the charity on a fortnighlly basis, and the Isn¥ marking and looking after the goal nets is done by 8 group of volunteers. tho also coach the grass roots teams. A senior Vets team also plan to join us at the dub during the next season, playing a number of garnes on Sundays. Our b0￿ing G￿en is open to Fnembers and non-members Thi5 year we have been actively trying to seèk new laces to parth"cipale on the green, and we havè seen a number of new people use the fa¢S111i¢s across the year from varying walks ol life. and ages ranging trcrfn 11 years old- 95 years old. The bovA3 have a number ol teams, and play in the Wrexharn Salurday 18agua, W￿xhaffl pairs leag¢Je. Wrexham Vets league and the Flintshire league, as well as being hosts for ￿rnes on mutual groun(Js and Charity cup games. The green eonb.nues to te rnainlained to a very high standard, and is prirnarily looked after by a group ol volunteers frorn the comrnunity, who help participate in ground5 care, green maintenance as ¥%ell as gweral DIY tasks, and improvements lo ensure the ￿crea*'Onal area can be enjoyed by everyone. We also are home to thè Wrgxham Pigeon Club, who use our facilits'es 8$ the home to their club meets"ngS. Another recreational hobby enjoyed tiy many, ara int8resled in racing pigeons. We also have pool teams. plaw'ng the Wrexham league on a Sunday and Wednesday. The59 gornes are enjoyed in a re￿al'Onal and social way by both ￿ayerS and observers. We arè also 8 chosen venue to host the county pool competitions. Al tre end of the ftnancial yearwe also tnvesled in new darts equlpmenl lo enable us 10 create designated darts area lthlowng on from users requests to further enhanee the ￿creatiOnal facilits'es we offer. We now have the ability lo host darts rnalches and competi)'ons should comrnunity members wsh to organise kntxkoyt garnes. or Sel up a darts tèam. Within the bar area. external seating and patio area5 we have a warm welcome to all users, including well behaved dogs.SorAally many people from all aspects ol life, get together in a soaal way. and ublise the faalith'es available. During the year. we run certain themed afternoonslnKJhts In the bar, induding pool knockouts, karaoke, LNe entertainment. quizzes. tree jukebox just to narne a few. Charities indudirrfJ Lions Wrexham. Nightingale house and Dogs for the blind are supported by the dub. Many other groups meet wthin thè facilits'e5 for adhoc meeb.ngs and catch ups. The dub has become an Integral part lo many people's lives and its often a place where people meet r￿W friends, who in tum become part of their extended family. 'It's whwe friends bocomo famlly.. continuod GRESFORD AND PANDY SPORT AND LEISURE LIMITED REPORTOF THE T USTEES FOR THE Y ENDED 31 MA CONTINUED Revlew ol Aetivlties Icontlnuedl The functionlcommunity room usage has significantly increase(J. and is ntsw host lo many Community, charity and social events. Mondays- Funeralslcommunity even15 as required, Childrens Dance class in the evenings. Tuesdays- Funeralslcommunity events as required. Childrens Dance classe5 in the evening. Wednesdays- IN use all day lor Slimming World. Thursdays- Fvneralslcommunlty evenl¥ as required, MG Motor Club Evenings. Fri¢Jays- Communty Coffee Morning, Funeralslcomrnunity events as required. Private partles p￿SentatIon nighlslchaity events. Saturdays- Prlvale partieslpresentation nighlslcharity events. Sunday$- Famity partieslChristeningslBaby Showers. Club ts'ngo when affangfjd. Thè room is also used lor ad hoc events as requI￿d for communty eventsl¥e38ions including local polling station, as n8eded. Overall the charity continues to be an integral part of the community, for all, wlh an awgrage footfall of 1800 us*rs per week from all areas of society. Tha Trustees and Directors have continued to use available funds when posslble lo further develop and enhance the clubs appearance, Inlernally all are85 of the club facilty wère decorated. Further work h85 been con¢Jucted on updating to LED lighting where possible, as well as fftmenl ol sensors to many lights to further reduce energy costs. Addbtional radiators wara added, to help control heat in the right areas of the Building, and this 8150 helped ￿th energy usage. in a perK)d whèn Énttrgy costs We￿ $0 high. The Trustees and Directors continue lo monitor overall funds, and operational costs, and look to take appropriate action when possible. The club doas not have any credit cards, or loans. and the fln8na81 slalements are independently compiled on behalf of the TrusteeslDirèctors. Financlal Revlew The charity had net incoming resources of £34,981 for the year from the day lo day runTring of the club compared with nel incoming 01£9.241 in the previous year. The bowling section had a deficit of £62 compared to a surplus in the prevlous year of £1,040 which resultèd in an overall surplus of £34,464 lor the year cornpared to £9,838 in the previous year. Th9 charity's balance shè61 remains strong wlh good levels ol cash in the bank and reasonably low liabililies and, on the who￿, the trustees are satisfied Mlh the result for the year. Reseryes Pollcy It is the policy of the trustees to maintsin unrestricted lund$ wttlctt a￿ the tree reserves ol the charity at a level lo provide sufficient funds to Cover anticw)aled adrnini5trats.on and support costs for a period of fv4elve rnonths. Any additional reserves are held to provide a capital fund for repair3 that %MII be quired for the upkeep of the premises. The Trusltres are Ca￿f￿1￿ managing the charitys finan¢e$ and are 5absfied that it will be able lo continue lo meet its obll9alion$ for ihe fo￿Seeable futu￿. GRE ANO PANDY SPORT AND LEISURE LIMITED REPORT OF TRUSTEE YEAR ENDED 31 MARCH 2024 CONTINUED Stsl•mont of Trustees. Rè$ponsibilitle8 The trustees l%4tho ala also directors br thè purpose5 01 company lawl are responsble lor pieparlng the Iruslees. report and the financial statements in 8¢cordance with applieAble L8w and United Kingdom Accounting Standard5, including Finanoal Reporh'ng Standard 102". The Financial Repo￿Tr9 Standard applicable In the UK and Republic of Ireland (United Kingdom Generally Accepted Practice). Company law requires the trustees to prepare financial statements for each finan081 year. sthich give true 8nd fair view ol the stste ol affairs of the charity and of the incom& and expenditure ol the charity for that period. In praparing these financial slalernents the trustees are required to.. Select sutsble accounts.ng poliaes and then ap￿Y thèm consistently,. Observe the methods and pn'nryples in the applii%ble Charities SORP., Make judgements and accounbro eslimales that arè reasonable and prudent," state whether applicatAe accounting standards and 5taternents of ￿cOMmended practice have been follo*Ed, subject to any material departures disclosed and explained in the financial slalements.. and Prepare the finanial statements on thè going concem basis tmless il 13 inappropriate to presume that the charity will ¢ontin¢Je in operation. The trustees are re$pon&ble lor keeping proper accounting recDrds whith disclose wlh reasonable uraacy at any tirne the financial position ol the charity and wh￿h enable them lo ensure that the financial slalements comply wth the Companies Act 2C¥)6. The trustees are also responsible for safeguarding the assets ol the charity and hen￿ for taking raasonatAe steps lor the prevention and detection of fraud and other Ir￿guIarjtr.eS. Signed- Trustea Print Name- Tnjstee Dale . 2f INDEPENDENT EXAMINER'S REPORT TO THE TRUS EES OF GRESFORD AND PANDY SPORT ANO LEISURE LIMITED I report to the TrustÈe$ on my examination of the accounts of the abov¢ named charity {regi$Ie￿d no. 11459781 for the year ended 31 March 2024, set out on pages 7 to 10. Rgs onsibiliti•s and basis of As the charity trustees land also th& directois for the purposes of company lawl you are responsible for the preparation of the accounts ifi accordan¢e with the requirements of the Companies Act12008) I'the 2006 Act'i. Having sa115fied mysèlf that the accounts of the company a￿ not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respéct of my examinats'on of your company's accounts as carried out under section 145 of the Charities A¢1 20111'the 2011 A¢YI In carrying out my examination I have followed the Directions given by the Charity Commission under $eth"on 14515llbl of the 2011 Act. Inde endent Examiners Statèm•nt I have completed my examination. l confirm that no matters have come lo my attention in Connection with the examinats'on gi¥Ang me cause lo believe that in any material respect.. 111 accounting ra¢ord5 were not kopl in respect of the cx)mpany as required by section 386 of the 2006 Act., or 121 the accounts do not accord with those records", or 131 the accounts do not comply with the accounting requirements of seCt￿n 396 of the 2008 Act other than any requirement that the a¢￿Unts give'a true and fair view, whi¢h is not a mattor considered as part of an independent examination., OT 141 the accounts have not been prepared in accord8nce with the methods and princApl6s of the statement of Recommended Practice for accoUn￿n9 and reporting by charities I havo no concerns and have come a¢ros8 no other matters in connection with the examination lo which attenll¢n should be drawn in this ￿pOrt in order lo 8naL4e a proper underslan