## |||Page|| |---|---|---|---| |Report ofthe Trustees|1|to|8| |Report ofthe Independent Auditors|9|to|10| |Consolidated Statementof FinancialActivities||11|| |Consolidated Balance Sheet||12|| |Consolidated Cash Flow Statement||13|| |Consolidated Notes to the Cash Flow Statement||14|| |Notes to the Consolidated Financial Statements|15|to|26| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |for the|Period 1 J|uly 2024 to 31 Ju|ly 2025||| |---|---|---|---|---|---| |||||Period|| |||||1.7.24|| |||||to|Year Ended| |||||31.7.25|30.6.24| |||Unrestricted|Restricted|Total|Total| |||funds|funds|funds|funds| ||||||as restated| ||Notes|£|£|£|£| |income and endowments from|||||| |Donations and legacies|3|818,259|35,461|853,720|909,489| |Charitableactivities|6||||| |Provision of recreational and leisure facilities||324,481||324,481|575,970| |Provision of social activities||422,300||422,300|447,236| |Other trading activities
Investment income|4
5|123,550
5,482|8,520|132,070
5,482|136,927
6,332| |Other income||8,460||8,460|1,890| |Total||1,702,532|43,981|1,746,513|2,077,844| |Expenditure on
Raising funds|7|3,930||3,930|1,094| |Charitable activities|8||||| |Provision of recreational and leisure facilities||707,982||707,982|1,182,321| |Provision ofsupport services
Provision ofsocial activities||425,063
587,290|45,182|425,063
632,472|363,714
681,481| |Total||1,724,265|45,182|1,769,447|2,228,610| |NET INCOME/(EXPENDITURE)||(21,733)|(1,201)|(22,934)|(150,766)| |Otherrecognised gains/(losses)|||||| |Unwinding ofdiscounted pension provision||(25,894)||(25.894)|(16,352)| |Net movement in funds||(47,627)|(1,201)|(48,828)|(167.118)| |Reconciliation offunds|||||| |Total funds brought forward||(298,996)|1,697|(297,299)|(130,181)| |Total funds carried forward||(346,623)|496|346,127)|297,299)| ## |Co|nsolidated an
31|Charity Ba
July 2025|lance|Sheet|||| |---|---|---|---|---|---|---|---| |||2025|Group|2024|2025|Charity|2024| ||||as restated||||| ||Notes|£||£|£||£| |Fixedassets|||||||| |Tangible assets|14|37,026||44,190|37,026||44,190| |Investments|15||||4||4| |||37,026||44,190|37,030||44,194| |Currentassets|||||||| |Stocks|16|19,582||20,179|19,582||20,179| |Debtors|17|44,612||62,976|35,132||56,593| |Cash at bank and in hand||149,570||286,902|41,055|191,261|| |||213,764||370,057|95,769|268,033|| |Creditors|||||||| |Amounts falling due within one year|18|(132,645)||(229,031)|(130,120)|(219,492)|| |Netcurrentassets||81,119||141,026|(34,351)||48,541| |Total assets less current liabilities||118,145||185,216|2,679||92,735| |Pensionliability||(464,272)||(482,515)|(464,272)|(482,515)|| |NETASSETS/(LIABILITIES)||346,127)||297,299)|461,593)|389,780)|| |Funds|20||||||| |Unrestricted funds||(346,623)|(298,996)||(462,059)|(391,477)|| |Restricted funds||496||1,697|496||1,697| |Totalfunds||(346,127)||(297,299)|461,593)|389,780)|| ## |forth|e Period 1 July 20|24 to 31 July 2025|| |---|---|---|---| |||2025|2024| ||||as restated| ||Notes|£|£| |Cash flows from operating activities
Cash generated from operations|1|(135,583)|(137,721)| |Net cash used in operating activities||135,583)|(137,721)| |Cash flows from investing activities
Purchase of tangible fixed assets
Sale of tangible fixed assets
Interest received||(16,931)
8,700
5,482|(14,822)
274
6,332| |Net cash used in investing activities||(1,749)|(8,216)| |Change in cash and cash equivalents in
Cash and cash equivalents atthe
the reporting period
beginning ofthe reporting period||137,332)
286,902|(145,937)
432,839| |Cash and cash equivalents atthe end of
the reporting period||149,570|286,902| ## ## |Reconciliation ofnetexpenditure to net cash flow from operat|ing|activities||| |---|---|---|---|---| ||||2025|2024| |||||as restated| ||||£|£| |Netexpenditure forthe reporting period (as perthe Statement
Financial Activities)|of||(22,934)|(150,766)| |Adjustments for:
Depreciation charges
(Profit)/loss on disposal offixed assets
Interest received|||18,158
(3,763)
(5,482)|21,439
1,066
(6,332)| |Difference between pension charge and cash contributions
Decrease in stocks|||(44,137)
597|(38,760)
655| |Decrease/(increase) in debtors|||22,813|(29,113)| |(Decrease)/increase in creditors|||(100,835)|61,965| |Opening reserves adjustment||||2,125| |Netcash used In operations|||135,583|137,721)| |Analysis of changes in netfunds||||| ||At|1.7.24|ash flow|| |||£|£|£| |Netcash||||| |Cash at bank and in hand|286,902||137,332)|149,570| |Total|286,902||137,332)|149,570| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||Donations and legacies||| |---|---|---|---| |||Period|| |||1.7.24|| |||to|Year Ended| |||31.7.25|30.6.24| ||||as restated| |||£|£| ||Donations|12,861|13,597| ||Grants|840,859|890,132| ||WinterWellbeing||5,760| |||853,720|909,489| ||Grants received, included in the above, are as follows:||| |||Period|| |||1.7.24|| |||to|Year Ended| |||31.7.25|30.6.24| ||||as restated| |||£|£| ||General block grant|800,000|880,132| ||Period dignity fund
SOS support fund|30,000
5,461|10,000| ||Other university funding|5,398|| |||840,859|890,132| |4.|Othertrading activities|Period|| |||1.7.24|| |||to|Year Ended| |||31.7.25|30.6.24| ||||as restated| |||£|£| ||Fundraising events|8,520|7,912| ||Sponsorships||13,698| ||Room hire income|14,983|8,228| ||Minibus and car hire recharge||2,680| ||Trading income - subsidiary|108,567|104,409| |||132,070|136,927| ## |Investment income|||| |---|---|---|---| |||Period|| |||1.7.24|| |||to|Year Ended| |||31.7.25|30.6.24| ||||as restated| |||£|£| |Deposit account interest||5,482|6,332| |Income from charitable activities|||| |||Period|| |||1.7.24|| |||to|Year Ended| |||31.7.25|30.6.24| ||||as restated| |SU Sport income
Clubs & Societies income|Activity
Provision of recreational and leisure facilities
Provision of recreational and leisure facilities|£
174,454
150,027|£
141,201
434,769| |Shop income
Bar income|Provision ofsocial activities
Provision of social activities|168,280
107,948|166,242
116,316| |Catering income
Amusements income|Provision of social activities
Provision of social activities|119,354
1,718|137,381
1,379| |ENTS department income|Provision of social activities|25,000|25,918| |||746,781|1,023,206| ## |Othertrading activities|||| |---|---|---|---| |||Period|| |||1.7.24|| |||to|YearEnde| |||31.7.25|30.6.24| ||||as restated| |||£|£| |Purchases||3,930|1,094| |Charitable activities costs|||| ||Direct
Costs|Support
costs (see
note 9)|Totals| ||£|£|£| |Provision of recreational and leisure|||| |facilities|566,769|141,213|707,982| |Provision ofsupportservices
Provision ofsocial activities|284,094
497,206|140,969
135,266|425,063
632,472| ||1,348,069|417.448|1,765,517| ## |Support costs|||||| |---|---|---|---|---|---| ||||Information|Governance|| ||Management
£|Finance
£|technology
£|costs|Totals
£| |Provision of recreational|||||| |and leisure facilities|86,545|49,843|2,255|2,570|141,213| |Provision ofsupport
services|78,677|57,906|2,050|2,336|140,969| |Provision ofsocial activities|97,035|32,822|2,529|2,880|135,266| ||262,257|140,571|6,834|7,786|417,448| |Net income/(expenditure) is stated aftercharging/(crediting):||| |---|---|---| ||Period|| ||1.7.24|| ||to|Year Ended| ||31.7.25|30.6.24| |||as restated| ||£|£| |Auditors' remuneration|7,786|13,022| |Depreciation - owned assets
Surplus/(deficit) on disposal offixed assets|18,158
(3,763)|21,439
1,066| ## ## ## |Staffcosts||| |---|---|---| ||Period|| ||1.7.24|| ||to|Year Ended| ||31.7.25|30.6.24| |||as restated| ||£|£| |Wages and salaries
Social security costs|783,087
61,787|940,553
68,272| |Other pension costs|27,148|23,810| ||872,032|1,032,635| ## ## ## ## ||||Period|| |---|---|---|---|---| ||||1.7.24|| ||||to|YearEnded| ||||31.7.25|30.6.24| |||||as restated| |Average
Average|number
number|of monthly employees
of fortnightly employees|18
29|40
69| ||||47|108| |The num|ber ofemployees whose employee benefits|(excluding employer pension costs)exceed|ed £60,000 was| |---|---|---|---| |||Period|| |||1.7.24|| |||to|Year Ended| |||31.7.25|30.6.24| ||||as restated| |£60,001|-£70,000|1|1| |£70,001|-£80,000|1|| |||2|1| |Restated comparatives for the statement offinancial activities|Unrestricted|Restricted|Total| |---|---|---|---| ||funds|funds|funds| ||£|£|£| |Incomeand endowments from|||| |Donations and legacies|899,489|10,000|909,489| |Charitable activities|||| |Provision of recreational and leisure facilities|575,970||575,970| |Provision ofsocial activities|447,236||447,236| |Othertrading activities|115,317|21,610|136,927| |Investment income|6,332||6,332| |Other income|1,890||1,890| |Total|2,046,234|31,610|2,077,844| |Expenditure on
Raising funds|1.094||1.094| |Charitableactivities|||| |Provision of recreational and leisurefacilities|1,182,321||1,182,321| |Provision ofsupportservices
Provision ofsocial activities|363,714
647,839|33,642|363,714
681,481| |Total|2,194,968|33,642|2,228,610| |NET INCOME/(EXPENDITURE)|(148,734)|(2,032)|(150,766)| |Other recognised gains/(losses)
Actuarial gains/(losses) on defined benefit
schemes|(16,352)||(16,352)| |Net movement in funds|(165,086)|(2,032)|(167,118)| ## |13.|Comparatives forthe statemento|ffinancial a|ctivities -conti|nued||| |---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total| |||||funds|funds|funds| |||||£|£|£| ||Reconciliation offunds|||||| ||Total funds brought forward|||(133,910)|3,729|(130,181)| ||Total funds carried forward|||(298,996)|1,697|297,299)| |14.|Tangible fixed assets - Group and Charity|||||| |||Bar &|Fixtures|||| |||Shops
fittings
£|and
fittings
£|Motor
vehicles
£|Computer
equipment
£|Totals
£| ||Cost|||||| ||At 1 July 2024
Additions|129,300
9,169|9,686
7,143|15,000|20,068
619|174,054
16,931| ||Disposals|||(15,000)||{15,000)| ||At 31 July 2025|138,469|16,829||20,687|175,985| ||Depreciation
At 1 July 2024
Charge for year
Eliminated on disposal|101,214
11,325|9,215
471|9,063
(9,063)|10,372
6,362|129,864
18,158
(9.063)| ||At 31 July 2025|112,539|9,686||16,734|138,959| ||Net bookvalue|||||| ||At 31 July 2025|25,930|7,143||3,953|37,026| ||At 30June 2024|28,086|471|5,937|9.696|44,190| |15.|Fixed asset investments - Charity|||||Shares in| |||||||group| |||||||undertaking
£| ||Marketvalue|||||| ||At 1 July2024 and 31 July 2025|||||4| ||Net book value|||||| ||At 31 July 2025|||||4| ||At 30 June 2024|||||4| |2025||2024| |---|---|---| ||as|restated| |£||£| |19,582||20,179| ## |Debtors: amountsfalling due within one year||||||| |---|---|---|---|---|---|---| ||2025|Group|2024|2025|Charity|2024| |||as|rostated|||| ||£||£|£||£| |Trade debtors|19,163||28,928|12,414||5,728| |Other debtors|100||896|100||896| |Amounts due from group undertakings
Prepayments and accrued income
VAT|20,900
4,449||33,152|18,169
4,449||20,005
29,964| ||44,612||62,976|35,132||56,593| |Creditors: amountsfalling due within one year||||||| ||2025|Group|2024|2025|Charity|2024| |||as|restated|||| ||£||£|£||£| |Trade creditors|30,112||41,873|30,112||41,873| |Social security and othertaxes
VAT|12,417||13,372
4,810|12,417||13,372
1,713| |Other creditors|48,805||42,483|48||42,483| |Accruals and deferred income|41,311||126,493|38,786|120,051|| ||132,645||229,031|130,120|219,492|| ||2025|2024| |---|---|---| ||£|| |Private hire bookings
Other advance income|4,354
4,336|1,367
15,317| |Castell Howell funding
SOS Support|16,539|7.143| ||25,229|23,827| ||2025|2024| |---|---|---| |||as restated| ||£|£| |Within one year
Between one and fiveyears|6,148
2,980|21,988
9,128| ||9,128|31,116| ## |Movement in funds||||| |---|---|---|---|---| |||Net|Transfers|| |||movement|between|At| ||At1.7.24|in funds|funds|31.7.25| ||£|£|£|£| |Unrestricted funds||||| |General fund|183,519|(47,627)|(18,243)|117,649| |Pension reserve|(482,515)||18,243|(464,272)| |Restricted funds|(298,996)|(47,627)||(346,623)| |Changing the culture - Funding for Interns
Period dignity fund|1,697|(1,230)
29||467
29| ||1,697|(1.201)||496| |TOTAL FUNDS|(297,299)|(48,828)||(346,127)| |Net movement in funds, included in the above are as follows:||||| ||Incoming
resources
£|Resources
expended
£|Movement
in funds
£|Movement
in funds
£| |---|---|---|---|---| |Unrestricted funds||||| |General fund|1,702,532|(1,750,159)||(47,627)| |Restricted funds||||| |Clubs and societies|8,520|(8.520)||| |Changing the culture - Funding for Interns
Period dignity fund
SOS support fund|30,000
5,461|(1,230)
(29,971)
(5,461)||(1,230)
29| ||43,981|(45,182)|__|(1,201)| |TOTAL FUNDS|1,746,513|1,795,341)||(48,828)| |Restated comparatives formovement in fun|ds|||| |---|---|---|---|---| |||Net|Transfers|| |||movement|between|At| ||At 1.7.23|in funds|funds|30.6.24| ||£|£|£|£| |Unrestricted funds||||| |General fund|200,979|21,300|(38,760)|183,519| |Designated fund - Women's football Club
Designated fund - Men's football Club|30,515
139,519|(30,515)
(139,519)||| |Pension reserve|(504,923)|(16,352)|38,760|(482,515)| ||(133,910)|165,086)||(298,996)| |Restricted funds||||| |Changing the culture - Funding for Interns|3,729|(2,032)||1,697| |TOTAL FUNDS|(130,181)|167,118)||297,299| ## ## ||Incoming
resources
£|Resources
expended
£|Gains and
losses
£|Movement
in funds
£| |---|---|---|---|---| |Unrestricted funds||||| |General fund|1,740,977|(1,719,677)||21,300| |Designated fund - Women's football Club
Designated fund - Men's football Club
Pension reserve|27.114
278,143|(57,629)
(417,662)|(16,352)|(30,515)
(139,519)
(16,352)| |Restricted funds|2,046,234|(2,194,968)|(16,352)|(165,086)| |Clubs and societies|21,610|(21,610)||| |Period dignity fund
Changing the culture - Funding for Interns|10,000|(10,000)
(2,032)||(2,032)| ||31,610|(33,642)||(2,032)| |TOTAL FUNDS|2,077,844|2,228,610)|16,352)|167,118)| ## ## ## ## ## ## ## ## ## ## ## ||Unrestricted|Restricted|Total| |---|---|---|---| ||funds|funds|funds| ||£|£|£| |Fund balances at 31 July 2025 are represented by:
Tangible fixed assets|37,026||37,026| |Current assets|196,729|17,035|213,764| |Current liabilities|(116,106)|(16,539)|(132,645)| |Pension liability|(464,272)||(464,272)| |Total funds carried forward|(346,623)|496|(346,127)| ## ## ## |Turnover|108,567| |---|---| |Administrative expenses|1,258| |Operating profit|109,825| |Interest receivable and similar income|1,685| |Profit before taxation|111,510| |Tax on profit|| |Profit forthe financial period|111,510| |The aggregate ofthe assets, liabilities and funds was:|£| |Assets|117,995| |Liabilities|(2,525)| |Funds|115,470|