Company Number 04736776
(England and Wales)
Charlty NumlEr 1147687
DRIFFIELD AND DIsfRIcf SKATE AND BMX PARK Um￿ED
(A Company Limited by Guardntee)
FINANCIAL sfATEMENTS
Year ended
13 FEBRUARY 2024
Phoenix Accounl3ncy and Business Consultanry Llmlted

DRIFFIELD AND DITricf SKATE
AND BMX PARK UMITED
Cornpany No: 04736776
Charlty No: 1147687
Contents to the Financial Statements
For the year ended 13 February 2024
Page
Company InfornKtion
Independent Examiners RepJt
Directors, Report
Income and Expenditure Account
12
Ststement of financial Activlties
13
Balan￿ Sheet
14
ststement of Cash Flows
16
Notes to the Financial Ststements
17

DRIFFIELD AND DISIRIcf SKATE
AND BMX PARK LIMftED
Company No: 04736776
Charity No: 1147687
Company Information
For the year ended 13 February 2024
DIRE￿oR5
J. Hetcher
S. D. Fletcher
P. Rounding
H. Dale
REGISTERED OFFtCE
37 Beverley Road
Driffield
East Riding of Yorkshire
Y025 6RZ
REGISTERED COMPANY NUMBER
04736776
REGIsfERED LIIARITY NUMBER
1147687
ACCOUWA
Katie Sauvage FCCA
Chartered Certified Accountsnt
Phoenix Accountsncy and Busine￿ Con5Uttar
limited
Morley's Cottage
Morlevs Yard
Walkergate
Beverley
HU17 9BY
BANKERS
B3rclaVs Bank PLC
61 ma￿et Place
Driffield
Y025 6AF

DRIFFtELD AND DIsfRtcr SKATE
AND BMX PARK LIM￿ED
Company No: 04736776
Charlty No: 1147687
Independent Examlnerfs Report to the Membw5 of
iffield and District Skite and BMX Park Limlted
I report on the accounts of Drlffidd and Dtsirfct Skate and BMX Park LlmlteAJ ts the
year ended 13 Felyuary 2024, whkh a￿ set out on pa￿ 12 to 30.
The trust￿ (who are aLg) the rfirectors of the company for the purposes of
company law) are ￿5￿nsible for trE prepatatlon of the accounts. The charitrls
trustees consider that an aL*JIt Is not r￿Ulr￿ for this year under sectlon 144 of the
Charltles Act 2011 (the Charitles Act) that an IN14￿nd￿t examinatlon Ss
needed.
Itls my reSkI￿sIbIlIty to:
• examine the accounts under s￿￿On 145 of the Charltles Ac¢
to follow the prixedures laid (h)wn In the general Directlon5 gtven ￿arIty
Q)mmisslon (under secuon 145(5)(b) of the tharitles A¢ arml
to state vthether partlcular fflatt￿ have come to my attention.
. Basis of Independpjrt examinerfs ￿POrt
My examinaoon was carrf&l out in accordan￿ wlth genernl Dlrectlons glven by tt
arfty Commlsslon. An exaMina￿on [r￿ludeS a rev1￿ of the accounung records
kept by the chaiity and a u)mparI￿n of the Wjunts present&1 with th0￿ record&
It also Includes constde￿ts.on of any unusual items or dlsdosures In the accounts,
and seeklng eXplanati￿S from the trust￿ ccrKerning any suttb matters, The
pr￿jUreS U￿lertrk￿ do not provlde all the eVIden￿ that would be o]uired in an
audiL and corsequently no Opini(￿ Is glven as to whether the accounts present
rue ar¥J fairf vlew and the reFK)rt is limiw ts) matters *t out In the statement
below,
IndePe[￿ent examlnerfs stataiient
In iy)nnectK)n wlth my eyamlnation, Th) mats has (x)rne to my att£ntlon to Indlote
that:
accountlng records have not been kept in ac(ThdarKe vlth *ton 386 of the
Companies Act 2006.
the accounts do not accord vth r￿.
where accounts are prepar￿1 on an acauals ba*, vthther tlw fail to comply
wlth relwdrt accounting wuirwnents under settion 396 of the Companies ALt
2006, or are not COn￿Stent wlth the Charitles SORP (FRS102)
any matter whlch the examlrtr belleve5 5￿Uld be dravm to the attentlon of the
reader to gain a prow understarKilng of the accounts.
Katle Sauvage FCCA
Chartered Certlflay A(£ountsnt
Phoenlx Accountsncy and Buslness CorsultarLy Um1￿1
Morfey's Cottage, Morl¥s Yard
Walkergate, Beverfey, HU17 9BY
Date: 3110112025

DRIFFIELD AND D15fRI￿ SKAIE
AND BMX PARK UMtrED
Company No: 04736776
Charity No: 1147687
Report of the Board of Trustees (incorporating the Directorfs Report)
For the year ended 13 February 2024
The Trustees present thelr ￿￿)rt with the finaThial statements of the charitable
company for the year ended 13 February 2024.
The flnanclal statements comply with the Chaiities Act 2011, the tharity
Memorandum and Articles of Association, and Accounting and Reporting by Charitles:
Statement of RecOmMe￿ed Practice applicable to charities preparing their accounts
in accordance with the Finanaal Reporting Standard applicable in the UK and
Republic of Ireland {FRS 102) (effecbve l January 2019).
overnance
mert
Governin
Document
We are a Company Limited by Guarantee incorp)rated on 16 April 2003 govemed by
our Memorandum and Articles of Ass(riation adopted on 14 April and revised at
Companies House on 23 April 2012.
We became a Registered Charity on 14 ju￿ 2012
Rec
en
In accordan￿ with our Articles of Ass(xiation we have a minimum of three Trustees,
which is the minimum numter required. At our Annual General Meeting (normally
held Sept - Nov each year) one of our Trust￿ retires. This can either be the longest
serviThJ or a Trust￿ who wishes to retire. The retiring Trustee can then be
reappointed or a new Trustee can be appointed, again in accordan￿ with the
Artlcles of AsxKiation. Our Trustees are volunteers. Prior to their appointment, it is
ensured that new Trustees are fully conversant witt) their responsibilities.
Tr
uction an
Tr
ini
Any new Trustee meets wlth the exisling TrLSt*s and also has access to Trustee
documentstion prcéuced by the tharity Commission.
We have not adopted any specific tM)liaes for the training of Trustees, IK)wever we
have adopted a number of policies for the safe runnirTr3 of the skateparK eg Anti-
bullying, Health & Safety, Contlict of Interes¢ etc. These are reviewed on a regular
basis.

DRIFFIELD AND DIsfRicf SKATE
AND BMX PARK UMTTED
Qjmpany No: 04736776
Charity No: 1147687
Report of the Board of Trustees (incorporating the Directorfs Report)
For the year ended 13 February 2024
The Trustees are supported by a Committ￿ of Voluntee￿ who assist with the
organisation ar)J administration of the skatepar*. The Trustees and commlttee
members tM)Id a meeting each month (wherever p)ssible) when general business is
condutted.
We no longer employ a skatepark manager. The role has tEen divided between the
members of the committee. We employ three paid members of staff and a large
number of vdunteers who supeNi* the actsvities at the pa￿.
The majority of our decisions corKeming the general njnning of the skatepark are
rnade jointly by the Trustees and committee memtErs.
We work dosdy with the Communty Wision CIO who Sup[￿ and advlse us in many
areas including p￿paratIOn of accounts, funding and training.
The charty Is not part of a wider organisation.
The skatepark holds an all risk commercial insuran￿ ￿licY, spedfically designed for
skateparks, and includes a Directors and Officers policy.
Ob"ectiv&s and Activiti
The charitys objects a￿.
promote for the benefit of the inhabitants of DrÈffield and the surrounding area,
the provision of facilities for raJeation or other leisure time ¢xcupation, in particular
but not exclusively, skatelM)arding, BMX biking and roller-blading for individuals who
have need of such facilrties by reason of their youth, age, infirmity or disablement,
finanaal hardshlp or social and economic arcumstances or for the public at large in
the interests of social welfare and with the object of improving the condition of life of
the said inhabitants,
Our aim is to include as many young people as possible, from all walks of life, in the
above actimties. The young people have to pay to use the parK whith is fully
supervised, but we k￿p our pri￿ as low as pN)ssible and hold free sessions when
we can.

DRIFFIELD AND DisfRIcf SKATE
AND BMX PARK LIMITED
Company No: 04736776
Charity No: 1147687
Report of the Board of Trustees (incorporating the Directorfs Report)
For the year ended 13 Febnmry 2024
d Attivities
The Trustees and committee members continually fijndrdise to enable us to keep the
park maintained and safe for its users. We organise four Antique Fairs each year and
various other fundraising attivities from which all proffts go diw towards the
running of the skateparL This is all done on a voluntary basis.
We also apply for grants and write to varlous IxKJies for donations, although much of
this work has now been delegat￿ to one of our colleagues. At our m&tings
decisions a￿ made as to how any funding and income is spent. First and foremostls
the safety of the park arKI we are then free to identify other areas in which to spend
any additional monies. Our portacabin, which irKorporates a tuck shopi toilets and a
meeting area, is still well used. This is a19) u*d by parents accompanying their
younger children. We continue with our ramp building and renovating program and
encourage our stsff to be as invofved as possible with this. We have again organised
free and reduced Pri￿ open days.
ments and Pe
eview of Athibes
Our main objective is always to increa* the number of users of all ages at the
skatepark, to rnise our profile and to raise funds to improve the park We were able
to do this by putting in place the following:
l. Keeping the entsy pri￿ low for everyone (£1 per hour for under Il's)
2. Opening the park for extend￿ hours during the sdKK)I holidays.
3. Organising free Open Days and special reduced-￿1￿ days during the
holidays.
4. Maintaining the park to a high standard and n￿kIng changes to the layout to
ensure It remains a safe but challenging pla￿ for all the activities.
5. Applying for grants and donations aTrJ raising our own funds.
Running alongside this has always been our objective to pmmote children's
independence and personal responsibility and encourage the young people to
develop an understanding of how to behave in a group of mixed ability and age.
They ￿coMe more courteous and develop a Sen￿ of 'park etiquette,. They are k&n
to watch and help each other and leam from each other and become more
Interested and tolerant of each othevs chosen sport. The feedback (mainly from
parents of our younger users) is that the way the park is run and supervi*d brings
out the good qualltles in all the young people, In particular the older users attitude
towards the younger users. There Is rK) doubt that they develop patien￿ towards
this younger group. The nature of the sports also gives the young people mre
independence as it is a sport where they have to ty something for themselves. it is

DRIFFIELD AND DIS[Rl￿ SKATE
AND BMX PARK LIMrrED
Company No: 04736776
arity No: 1147687
Report of the Board of Trustees (incorimirating the Directorfs Report)
For the year ended 13 February 2024
vities
totslly their thoice and they (zn push ttErr6elves as much as they like. Once they
reach the age of I I they are also able to come to the park without parental
supervision which again promotes their independen￿. Two members of staff are
now trained coaches which enhan￿ the experien￿ of the young people who use
the skatepark.
This year we have managed to obtsln funding from rrK)re funders than last year for
the repair of ramps aFxI insuran
isin
Our most successful fijndraising event is our Antique Fair held four times per year.
This year we held a successful dog slK)W to coincide with one of the fairs. This year
we have been able to run our four Antique Fairs as usual.
Rel nt R lationshi
We continue to WO￿ dosely with the Town Counal. Last year the ￿lfrIeld Youth
Action Group continued to run sessions for two nights a week in a portacabin which
we have allowed them to erect on our site for free. We see the Skateparf( and the
Youth Centre worklng closejy together in trE fiJtU￿.
Financial Review
Our principal funding 9)ur￿S are:
l. Entry fees
2. Fundraising - mainly from our Antique Fairs
3. Grants and Donations
Grants re￿iVed this year include:
a. F B Lawren￿ - rdmp repairs and Insurance £500
b. Garfield Weston - ramp repairs £2,000
c. Commuted Sums- Trmp repairs £3,903
d. PAG - ramp repairs, subsidised sessions and equipment £2,lYJO
e. Two Ridings- ramp repairs arKI volunteer training £1,978
f. Hull & East Ridlng Charltsble Trust - subsidised sessions and insurance
£2,500
g. Tribune Trust - subsidised sessions £1,677
h. J & A Cattle- subsidised wsions and coaching £1,880
i. James Reckitt subsidised sessions and coaching £2,000
j. Liz & Terry Brdmall - subsidised sessions and coaching
k. Peter Harrison Foundation - £3,000
l. Post Code Lottery- unrestricted £6,000

DRIFFIELD AND DisfRIcf SKATE
AND BMX PARK UMrrED
Company No: 04736776
Charity No: 1147687
Report of the Board of Trustees (incorporating the Directorfs Report)
For the year ended 13 February 2024
Most of our expenditijre has been on maintsining the pa￿ to a high standard and
our insuran￿.
We have no reserves p)licy and have never b￿n materialty in def￿￿ We do not
hold funds as custodian trust￿ on behalf of others.
Plans for fu
Our future plans Include:
a) Contlnuing to improve training and development of our staff
b) Keeping on top of Maintenan￿ and repairing the ramps damaged by daily
wear and the winter weather
c) IncreasiThJ user numbers
d) Obtaining funding to enable us to offer more sessions for those young people
who for vari¢)us reasons would not be able to acc￿￿ the frdcIIty.
e) Working closely wlth Driffield Youth Attion which will enable us collectively to
offer alternative activities for young people.
Q Obtalning funding for fr￿ coaching sessions
Pu
Ilc Benefft
On behalf of all three Trustees, I can Confi￿ that the charity truste% have complied
with their duty to have due regard to the gU￿an￿ on public benefit as published by
the Charity Commission in exercising their power and dub'es.
tement
sure of in
rniation
In
nt Examin
We, the Directors of the company who held office at the date of approval of the
financial s12tements, each confirm so far as we are aware, that.
there Is no relevant inf0m￿tIOn of which the companvs Independent
Examlner is unaware; and
we have taken all the Steps that we ought to have taken as directors In order
to make ourselves aware of any relevant infomiation and to estsblish that the
companvs Independent Examiner is aware of that infomiation.
Statement
sres
ibilities
The charity trust￿ (who are also the directcKs of Driffield and District Skate and BMX Park
Ltd for the purposes of company law) are responsible for preparing a trnstees, annual report
arrd financial statements in accordance with applicable law and United ￿ngdoM Accounting
Standards (United Ktngdom Generally Accepted Accountlng PradEce).
•1

DRIFFIELD AND DIThEcf SKATE
AND BMX PARK UMtrED
Company No: 04736776
Charity No: 1147687
Report of the Board of Trustees (incorporating the Directorfs Report)
For the year ended 13 FebTh￿ry 2024
tement of
ibililies
Company law requires the tharity tsustees to prepare financial statements for each
year whlch glve a t￿￿ and fair view of ￿ state of affairs of the charitable company
and of the Incoming resources and application of resources, including the Income
and expendibjre, of the charitable company for that period. In preparing the financial
ststements, the trust￿ are required to:
selett suitable accounting poliaes and then apply them consistently;
observe the methods and prlnciples in the thrities SORP;
make judgements and estimates that are rea9)nable and prudent;
stat
directo￿$ res
nsi
continued
state whether applicable UK accounting standards have been followed, subject
to any material departures disclosed and explained in the financial
statements.
prepa￿ the financial s&itements ¢Jn the going con￿rn basis unless it is
inappropriate to presume that the chaiity will continue in business.
The Dir￿torS confirm that the accounts comply with the above requirements eX￿pt
in that they have chosen to depart from the SORP with regards to deferring income.
We feel that when applying for grants continuing to defer the income, especially the
capital grant, would show a MO￿ 'True and Fair View" of the organisation's financial
posib'on.
The Dlrectors are res￿nSIble for keeping proper accounting records which disclo
with reasonable accuracy at any time the financial p)sition of the charitsble company
and to enable them to ensure that the financial statements comply with the
Companies Att 2006 They a￿ alg) responsible for safeguarding the assets of the
company and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
The Directors a￿ resp)nsible for the Maintenan￿ and Integrity of the corpordte and
financial information included on the charitable company s website. Legislation in the
United Kingdom governing the preparation and dissemination of financial statements
may differ from legislation in other jurisdictions.
io

DRIFFIELD AND DisfRIcf SKATE
AND BMX PARK LIMrrED
Company No: 04736776
Charty No: 1147687
Report of the Board of Trustees (Incorporatlng the Dlrectorfs Report)
For the year ended 13 FebnMry 2024
Katie Sauvage FCCA of Ph￿nIX Accountsncy and Busin￿ C￿l￿ancY was
appolnted as the Independent Examiner.
ij
Thls re￿rt has b￿n prepared in acC(*dan￿ with the special provision*of part 15 of
the Companies Act 2006.
Skgned
Paul Roundlng, Trustee
Dated 2910112025
11

DRIFFIELD AND DIStRIcf SK4TE
AND BMX PARK LEM￿ED
Company No: 04736776
Charity No: 1147687
Income and Expenditure Account
For the year ended 13 February 2024
Notes
2024
2023
Income
48,913
(36,885)
12,028
99
23,167
(29,435)
(6,268)
Expenditure
OPERATING SURPLUS/(DEFiaT)
Interest Re￿Vable
11
SURPLUSI(DEFIcrr) FOR THE YEAR
12,127
(6,266}
RESERVES BROUGHT FORWARD
9,366
15,632
RESERVES CARRIED FORWARD
Totsl income (including interest receivable) of £49,012 (2023: £23,169) comprises £19,896
(2023: £18,892) for unrestricted funds and £29,116 (2023: £4,277) for restricted funds. A
detsiled analysis of income by source is provided in the ststement of financial activities.
The sury)lus for the year of £12,127 (2023: deficit £6,266) comprises a surplus of £3,222 {2023:
deficit £5,980) for unrestricted funds and a surplus of £8,905 (2023: deficit £286) for restricted
funds as shown in the statement of finarKlal activities.
There are no recognised gains and losw other than those passing through the income and
expenditure accounL The income and expenditure account has been prepared on the basis
that all operations are continuing operBtions.
The notes on pages 17 to 30 form part of these finandal statements.
12

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r4Nco
O)
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JON

I

DRIFFIELD AND DIsfRIcf SKATE
AND BMX PARK LIMITED
Company No: 04736776
arity No: 1147687
ststement of Cash Flou
For the year ending 13 February 2024
2024
2023
Net Movement in Funds
Add back depreciation tharge
Deduct interest income shov4n in investi
activities
Decrease/(increase) in stock
£kcreasel(increase) in debtors
Increase/(deuease) in creditors
Increase/(decrease) in deferred Income
Net cash used in operating activities
11127
4,201
(6,266)
4,202
12
(99)
(2)
42
(29}
(82)
15
Cash flows from investing activities
Interest income
Purchase of tangible fLxed assets
Cash provided by (used in) investing
activities
99
12
99
Cash flows from financing activities
Repayment of borrowing
Cash used in financing activities
Increase/(decrease) in cash and (ash equivalents
at the beglnning of the year
12,470
(5,828)
Cash ar)d cash equiwdlents at the start of the
year
2,694
8,522
Totsl cash and cash equivalents at the end
of the year
15,164
694
The notes on pages 17 to 30 fomi part of these financial s13tements.
16

DRIFFIELD AND D1sfRI￿ SKATE
AND BMX PARK LIMrrED
Company No". 04736776
Charty No: 1147687
Notes to the Financial Statements
For the year ended 13 February 2024
Accounting policies
1.1. Basis of P￿paratIOn
The financial statements have been p￿pa￿ in accordan￿ with Accounting and
Reporknng by Charities: Ststement of Rec0Mn￿nded prattl￿ applicable to charities
preparing their accounts in accordan￿ with the Financ￿1 Reporting Standartl applicable
in the UK and Republic of IreIar￿ (FRS102) (effective 1st january 2019) - (Charities
SORP (FRS102)), the financial reFOSting standard applicable in the UK and Republic of
Ireland (FRS102) and the Companies Att 2((6.
Dr5ffield and Distsict Skate and BMX Park ￿Mited meets the definltlon of a publlc benefit
entity under FRS102. Assets and liabilities a￿ initially recconised at hlstorical cost or
transaction value unless otherwlse stated in the releNpnt accounting policy note(s).
l.Z Going cOn￿rn
The Trustees consider the Chaiity to ￿ a going corKem. The accounts have b*n
prepared on this basls.
1.3. Income
Income Is recognised when the charity has entiuement to the fund5, any perfornian
conditions attached to the item(s) of income have been met, it is probable that the
Income will be received and the amount can be measured reliably.
The trust￿ have taken the deasion to depart from the SORP in restEct of deferring
income becau* we feel that when applying for grants continuing to defer the income,
especially the capitsl grant, would show a more True and Fair Vievf of the
organisations finanaal tM)sition.
Grants received to furKI the initial purcthase of land and buildings and other fixed assets
were ￿edIbl to Deferred Revenue in the Balance Sh*t arKI released to the Statement
of Financial Activities over the expetted usefvl life of the assets. Grants received since
the initial purchase have been accounted for when the company is legally entitled to the
income and the amount can be quantifi&J wtth reasorkible accuE3Cry.
17

DREFFIELD AND DisfRICT SKAIE
AND BMX PARK ￿M￿ED
Company No: 04736776
Chaiity No: 1147687
Notss to the Financial Statements
For the year ended 13 February 2024
1.4. Interest Recelvable
Interest on funds held on dep)slt Is IrKluded when receivable and the amount can be
measured ￿liablY by the charity; thls is nomialty upon notification of the interest paid or
payable by the Bank.
1.5. Fund accounting
Restricted fvnds are funds which are to LE us&J In accordance with SFEcific restritions
Im[y￿d by donors. Restricted funds are ac£ounted for separately to each other and to
the core funding of the company.
nerdl funds a￿ unrestricted fiJrKls which are available for use at the discretion of the
directors in the furtheran￿ of the general objertives of the charity and whlch have not
b￿n designated ft)r other PUryK)ses.
Designated funds compri* un￿strIcted funds that have been set aside by the directors
for particular purposes. The aim and use of each designated fund is set out in the notes
to the financial statements.
1.6. Expenditure and irrecoverable VAT
Expenditure is recognised On￿ there is a legal or constructive obligation to make a
payment to a third party, it is probable that setdement will be required and the amount
of the obligation can be measured reliably. F¥pe.nditure is da￿lfIed under the following
activty headings:
Costs of rdising funds comprise the costs of trading.
Expenditure on charitsble acbvities includes the costs of events,
other expenditure represents those items not falling into any other headiThJ.
Irrecoverable VAT is charged as a cost agaLr￿ the activity for which the eX￿ndItUre
was incurred.
1.7. Allocats'on of support costs
Support costs are those functions that assist the wod( of the charity but do not direcuy
undertake charitable attivities. Support costs Include back Offi￿ costs, finance,
personneli payroll and govemance costs which support the Charities aclivities.
Due to the level of materialty of allocatlng sUp￿}rt costs to the costs of fundraisingi
these costs have all been allocated to charitable activities. A full breakdown of all costs
related to Charitsble Activities has b*n provided in Note 8.
18

DRIFFIELD AND DISfRIcf SKATE
AND BMX PARK ￿M￿ED
Company No: 04736776
Charity No: 1147687
Notes to the Financial Statements
For the year ended 13 February 2024
1.8. Tangible Fixed Assets and Depreciatlon
Tangible fixed assets are stated at cost less deprecIa￿on. Depreclation Is provlded at
rates calculated to write off the cost less estimated residual value of each asset over Sts
expected useful life, as follows:
Land and BuildSngs
2% on the straight line basis
Plant and Machinery
10 % on the straight line basis
fixtures, Fittings and Equipment 20Wo on the S[ra￿ht line basis
1.9. Debtors
Trade and other debtors are recognised at the setljement amount due after any tTrde
discount offered. Prepayments a￿ valued at amount prepaid net of any trade
discounts due.
1.10. Cash at bank and in hand
Cash at bank and cash in hand indudes cath and short temi highly liquid investments
with a short matuiity of thr￿ months or less from the date of acquisition or opening of
the deposit or similar account.
1.11. Creditors and provisions
CJeditors and provisions a￿ r￿nISed 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 a￿ nomially recognised at their setuement amount after
allowing for any trade discounts due.
1. 12. Taxation
In accordance with Paragrdph l of Schedule 6 Finan￿ Att 2010, the Charity Is a charity
for tax purposes and is generally exempt from Income Tax and Capital Gains Tax, but
not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates
19

DRIFFIELD AND DI￿RI￿ SKATE
AND BMX PARK ￿M￿ED
Company No: 04736776
Charity No: 1147687
Notes to the Financial Statsments
For the year ended 13 Febrnary 2024
Legal Ststus of the Charlty
The charity is a company limited by guarantee and has no share capital. The liability of
the members is limited.
Every member of the Company undertakes to contribute such amount as may I
required, not exceeding £1, to the Company s assets if it should be wound up whlle he or
she Is a member, or within one year after he or she ￿aSeS to be a member for payment
of the Company's debts and liabilibes contwted before he or she ceases to be 3
member and of the costs, tharges and expenses of winding up and for the adjustment of
the rights of the contributories among them*lves.
If the Company is wound up or dissolv&l and after all its debts and liabilities have b￿n
satlsfied there remains any property, it shall not be paid to or distributed amt)ng the
memters of the Company l)ut shall be giv￿ or transferred to some other charity or
charities having objects Stmilar tn the objects of the Company.
Income and Expenditu￿ Account
The company is a charty and so athievements cannot be rneasu￿d by norrnal
commercial crfterla. Accordingly, the Directors consider that it would be inappropriate to
present a Profit and Loss Account in one of the fomats set out by the Companies Att
2006. Therefore, as permitted by the Cotnpanie5 A¢ in order to refl* the special
nature of the company's activities, the Directors are of the opinion that it would be more
appropriate to present an Income and Expenditure Account.
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DRIFFIELD AND D15riucr SKATE
AND BMX PARK UMrrED
Company No: 04736776
Chatity No: 1147687
Notes to the Financial Statements
For the year ended 13 February 2024
10. Stsff costs
Total
2024
Total
2023
Wages and &ilaries (inc e'ers NI & Pension)
Volurteer Expenses
7,568
163
1,299
325
Averdge number of paid staff
2024
Full llme Head5
Equivalent
2023
Full Time
Equivalent
Heads
-Full Tlme
-Part Time
There are no higher pald staff.
11. Operating surplus
Operatlng surplus is stated after charging:
2024
2023
Depreciation - Owned Assets
Accounts Fee - Current Year
4,201
427
4,202
209
25

DRIFFIELD AND DlSfRIcf SKATE
AND BMX PARK LIM￿ED
Company No: 04736776
Charity No: 1147687
Notos to the Financial Ststements
For the year ended 13 February 2024
12. Tangible Fixed Assets
Land and
Buildings
Plant and
xtures,
Machinery FttirKJS and
Equipment
Total
Cost
At 14 February 2023
Additions
Disposals
At 13 FebnRry 2024
174,780
74,125
1,592
250,497
250 497
Depreciation
At 14 February 2023
Charge for the year
On Disposals
At 13 February 2024
64,934
3,496
69,605
705
1,592
136,131
4,201
Net Book Value
At 13 February 2024
At 13 February 2023
106 350
110 165
114 366
13. Debto
Totsl
2024
Totsl
2023
Debtors
Prepayments
Accrued Income
26

DRIFFIELD AND DisTricf SKATE
AND BMX PARJ( UMITED
Company No: 04736776
Chaiity No: 1147687
Notes to the Financial Ststements
For the year ended 13 February 2024
14. Creditors
Creditors: Amounts falling due within one year
Total
2024
Total
2023
Trade Creditors
Taxes and Social Security
Accruals
299
427
427
209
508
15. Deferred Income (Capitsl)
Capital Grants
Total
2024
Total
2023
At 14 February 2023
Caprtal Grdnts recelved in year
Released in year
At 13 February 2024
107,187
110,964
103 410
107 187
16. Accumulated funds
Designated Unrestritted Restricte
Funds
Funds
FurKIs
Total
Balan￿ at 14102123
Movement in furKls for the
year
Balantr at 13102/24
8,416
950
9,366
27

DRIFFIELD AND DISrFU￿ SKATE
AND BMX PARK LIM￿ED
Company No: 04736776
Chartty No: 1147687
Notes to the Finanaal Statements
For the year ended 13 February 2024
16. Accumulated Funds (Continued)
Analysis of net assets between funds
Unrestricted Restricted
Funds
Funds
Totsl
Tangible Fixed Assets
Current Assets
Current Liabilities (inc current defeThed
income)
Non(urrent Liabilities
6,756
5,309
103,410
9,855
110,166
15,164
(427)
(427)
103 410
103 410
Restricted Funds
Balance as
14102123
Income
Expenditure Transfers Balan￿ as
13102124
Subsldlsed Sessiors
Coaching
Insurance
Ramps and Repairs
Training
VOlunt￿r ExFen5es
Equipment
Capital
500
10,578
1,080
2,365
(3,148)
(780)
(2,615)
(9,143)
{8(K))
(85)
{381)
7,935
300
250
200
497
1,500
120
920
75
375
10
950
518
A brief descrfption of the restsicted funds is slK)wn below:
Subsidising Sessions
Restricted funding was received from J & A Cattle, Hull & East Ridiro Charitable Trust,
Warburton's, James Reckitt, Liz & Terry Brdmall, PAG, Tribune Trust and Peter Harrison
Foundation for subsidising sessions.
Coaching
Restricted funding was received from J & A Cattle, James Reckit¢ Liz & Teny Bramall, for
coaching sessions.
28

DRIFFIELD AND DIsfRicf SKATE
AND BMX PARK LIM
Company No: 04736776
aiity No: 1147687
Notes to the Financial Statements
For the year ended 13 February 2024
16.
Accumulated Funds (Continued)
Insurance
Restricted funding was received from Hull & East RKding Chartiable Trust, James Reckitt
and Liz & Terry Bramall to contribute towards the cost of insuran￿.
Ramps and Repairs
Restricted donations were receiv￿ frorn the following to contribute towarts the cost of
ramps, ramp repairs and other fixed asSets1￿ulpment.
Funding
2024
2023
PAG
Two Ridings
Garfield Weston
Cornmuted Sums
Driffield Town Counal
F B LaW￿n
985
1,058
2,000
3,903
1,500
500
The capital fijnd represents f￿ed assets purchased with restricted fijnding that have not
fully depreciated. In accordan￿ with the Incoming Resources policy restricted income
relatiThJ to fixed assets is treated as deferred income and released to the Statement of
Financial Acttvities over the expected useful Itfe of the asset.
29

DRIFFIELD AND DIsfRJcf SKATE
AND BMX PARK LIMrrED
Company No: 04736776
Charity No: 1147687
Notes to the Financial Statements
For the year ended 13 February 2024
17. Dirertor5 remuneration
Remunerdtion paid dlrecuy to directo￿ out of the funds of the company amounted to
£1,234. This was paid vla a PAYE S￿￿TrE.
There was no relmbursement of travel and subsisterte expenses amounting to dirthrs
in respect of the year.
18. Related Party Transartions
During the year the Company had no related party ts3nsactions.
19. Other recognised gains and losses
There were no other rwnised gains or losses.
20. Contingencies
There were no contingent liabilities which should be disclosed at 13th February 2023.
21. Going Concern
Driffield and Dlstiitt Skate and BMX Park generdte income through fee charging and
ac￿SSing grnnts, the Trustees consider the Company to be a going con￿rn for a period
of 12 months beyond the date of the Independent Examiners reporL
30