Registered number: 08191371
Charity number: 1149683
LEARNING AND COMMUNITY SPORT @WORLE TRUST
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES. REPORT AND uNAUD￿ED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
ATKINS & CO CHARTERED ACCOUNT ANTS
7 MORSTON COURT
AISECOME WAY
WESTON-SUPER-MARE
SOMERSET
BS22 8NG

LEARNING AND COMMUNrrY SPORT @ WORLE TRUST
IA COMPANY LIMITED BY GUARANTEE)
CONTENTS
Referen￿ and Administrative Details of the Charity. tts Trust￿5 and Advisers
Trustees, Report
Independent Examinerfs Report
Statement of Financial ActNities
Balance Sheet
Cash Flow Statement
10
Notes to the Financial Statements

LEARNING AND COMMUNrrY SPORT @ WORLE TRUST
{A COMPANY LIMITED BY GUARANTEE)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISORS
YEAR ENDED 31 AUGUST 2024
Trustees
P Savage. Chair
P Magor, VI￿ Chair
R Dakin (resigned June 2024)
A Blackborow
S Ireland
C Banks
R Bell
S La Touche (resigned August 2024)
Company registered
number
08191371
Charily registered
number
1149683
Registered office
Learning and Communitysport @ Worte Trust
58 New Bristol Road
Weslon super Mare
N(rth Somerset
BS22 6AQ
Accountants
Atkins & Co
7 Morston CDLJrt
Aisecomc Way
Weston super Mare
North Somerset
BS22 8NG
Bankers
Lloyds Bank PIC
2 South Parade
Weston super Mare
North Somerset
BS23 1JL
Page 1

LEARNING AND COMMUNITY SPORT @ WORLETRUST
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES. REPORT
YEAR ENDED 31 AUGUST 2024
Charity Structure
The Charity is registered as a charitable company limited by guarantee and was set up by a Memorandum of
Association on 24 August 2012.
The management of the company is the responsibility of the Trustee> who are elected and co-opted under
the terms of the Articles of Association. Decisions are made colleclively by the Boafd of Trustees.
The Trustees consist of at least 3 and not more than 13 persons. The trusteès shall include..
Up to one individual representalive of the Local Authority {North Somerset CounGil)-
Up ta Iwo individual represenlatives of the Local Community-
Up to len other individuals.
Trustees will hold off ice for a term for up to three years from the dale of their appointment. One third {or the
number nearest one thirdl of the Trustees musl retire annually, those longest in office retiring first. A retiring
Trustee may be reappointed. A Trustee may serve 3 maximum of three temis or up to three years per term.
A Trustee who has completed three continuous terms of service as a trustee is nol eligible lo be re-
appointed 85 8 Truslee Unt￿ one year after his retirement.
The Chair of Tru8t8es and the company Secretary are appointed by the Trustees and confirtTed annually.
Every Trustee has one vote on each issue.
The Board of Trustees constantly review5 the number of TTUStees and recruits when required. Any new
Trustee will have their responsibilities explained by the existing Trustees and other professional advisors as
appropriate.
b)
Charity Alms and Objectives
The principal objectives of the charity are..
Promote the provision of facilities for recreation. sport. culture or olher18isure-lime occupation in
the inlerests of he2lthy life slyes. social welfare 8ThJ with the object of increasing accessibility
and improving the condition of lrfe of individuals throughout the United Klngdom, including the
local community",
Relieve the need of indiwduals with learning disabilities, by providing support and zssistance to
the individuaLs, their families and their carers to encourage Ihe individuals to be actively involved
in the local community.
Advance education throughoul the United Kingdom. induding, sludenls of Worle Community
School. by providing or assisting in the provision of sports and other facilities in the local
community 2nd, in particular, al schools-. and
Promote such other charilable purposes 2S the truslees shall, in their absolute discretion, decide.
b)
d)
Activ5tlos for Achieving the Objectives
The Charity provides day care faC￿llieS for adults with learning drficulties via the Brandon Trust. A pottery
(operated by 8anwell Pottery) is in operation. A community meals-on- wheels service is provided to
residents within Weston-super-mare from the facilivs kitchens. Sporting facilities available lo he
Page 2

LEARNING AND COMMUNITY SPORT @ WORLE TRUST
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES. REPORT {continued)
YEAR ENDED 31 AUGUST 2024
Actlvlties for Achlaving the Objectives Icontlnued)
cotnmunity include a dance sludio, gym, tennislnetball courts. an all-weather football 3G pitch and a hockey
astro pitch. Community use of the school's gymnasium. sports hall and grass pitches occur outside of school
hours.
Achievomènt and Performance
Whilst the Charity was established on 9 November 2012, the facilities for the Learnlng and Community Sport
@Worle were not completed until the end of December 2012. Accordingly¥ ￿K￿l￿or1e commenced operations
on 2 January 2013 with the official opening taking place on 25 January. The official opening wa5 attended
by the Chairman of the Weston-super-mare Council, Mr Terry Porter together ivilh students from Worie
Communty, Brandon Trus1 staff and users. Council dignitaries and represenlatives from Wilmott Dixon. the
construction com pany.
By the end of year, 31 Augusl 2024. the @Worle faolity had apwipted five of the permitted thirteen Trustees
and employed twenty staff as wdl as twehie self employed studio instructors and eight self employed
pe.'sonal Irainers. Opening times were..
Monday-Thurday
06.'00 - 22..00
Friday
06.00- 21=00
Saturday
08.'00- 18.00
Sunday
08.00 - 21:00
The all-weather football AstroTurf ptlch accommodated 25 IoGal foolball teams with age groups from four
years to 65+ years old. The teams hav..ng differing standards and ages, were for both male and female. and
some teams were fully indusive. Two commercial busifjes5e5 used lfr.e pitch for soGcer leagues., one
business 15 local to WestorFSuper-Mare and one business in a national company. In addition, three Ioc81
rugby teems Irained al the facility. Football clubs were encouraged to b8come accrediled with the
Chartered Standard promoting good football values and respecl.
At the end of August 2024. approximately 300 people were using the facility on a weekly basis. @Worle was
operating 53 fitnessldance Glasses, including all ability Session with approximately 1000 individuals altendirbg
each week. Classes included., Zumba, Kids Street Dance, Zumba Strong, Boxercise. Step Aerobics, Thighs
Bums and Tums, Yoga, Pilates, chair frtness. Tai Chi. Spin. Kettlebells. Bands and Bells and Fitness Pilates.
New inclusive dance sessions have been :.aunched twice a week to support adults and teens with learning
disabilities New Chair Classes have also launched to SLJPPOrt Ihe aging community and rehabilitation
sessions three limes per week. @Worle run nalf iertn holiday clubs coaching sports arts and crafts and
have a Icc81 zoo bringing animals to educate children on the world around us accomodating 125 children
Users of the school's sports hall, gymnasium and grass pitches included many individual hirers but also
larger groups including Hope Church, Football Foundations and South West Minis who offer a regular
Saturday morning youth sports club. Local archery . badmiD.ton. Netball and basketball clubs also use Ihe
spaces provided weekly
At the end of August 2024, the @Worle membership was approximately at 1100 members. The majority of
members are local to the Worle area with some (x)ming from the school and further afield. @Worle donates
6 hours of its gym time to the school per week for educational purposes so the studenls of the PLT trust can
learn about hp21th and filness.
Page 3

LEARNING AND COMMUNITY SPORT @ WORLE TRUST
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES. REPORT (continued}
YEAR ENDED 31 AUGLIST 2024
Achievement and Performance (contlnued)
Thè hiTing price for the 3G piich remained very compelilive, with only six of the available foty-one hours per
week being charged at the commercial rate. The commercial rale was applied to the ￿&SocCer league
businesses_ This alloived lower pitch hiring prices to be maintained for local club users. 1000/0
of the clubs
returned for the following season to book with
fi)Worle. We have put within our strategic plan that Dnly 200/0 of
the 3G allotted tirne will be allowed for commercial allocation and the remaining 800/0 for community use.
The cenlre set up a number of charity events for various cha."ilies. the largest event was for the Weston
Hospice where Ihe ￿ntre attempted a 12 day spin attempt with the VI￿ Chair at the head of this evenl. W8
also support local charilies such as the Westor, LKJns. and local spin a thons for charities close lo our hearts.
The Brandon Trust were immensely successful delivering cornmunity inclusion for people with learning
disabilities. integrating stsff and users from the old William Knowles centre to the new facilities offered within
@Wor18. The Brandon Trust's Grounds and Gardens team undertook the @Worle's grounds maintenance
work 8nabling the development of key working skrlls for many people with leaming difficultie5.
Worlc Lounge Café was rebranded back in september 2Q20, 5itKe the rebrand, the lounge has become a
attr2clion in itself within the centre. il is open 6 days a weeks for breaksfasl,lunch and cream leas. The lounge
Serves and stocks local products such as our house coffee from Brsitol Twenty. The cakes and cheesecake
counter is a large a￿? Ihat sells well. The lounge also became cafe of the year from the Weston Mercury
Plans for the future
The Charity aims to continue to develop the stK)rbng facilities over the coming years with the provision of
addilion81 gym equipment as a centre we are raising funds through grants to start the Yhe Hive Project" The
Hive will provide a new space for adults and teens with learning disabilities to learn new life skills. provide a
space for community groups who rnaybe facing disadvantage. it will also be a training space for thé centre lo
train the fitness instructors of the future. Closer ties bebNeen the school and Brandon Trusl will be encouraged
with joint ventures such as open days at the centre for seNice users 2nd publlc. Community engagernont will
continue through our chairty fundraising, WorleFest and links with local community groups. Plans for the 3G to
be redevolped will still continue to look at the summer of 2025. wilh Ihe opportunity lo hold tool station gameg
not just gras5 root games. Parking managemenl and extra spaces will also be a project to encorporate intc the
growth of the centre
Financial Review
The Trustees (who are also directors of the Charity for Ihe purposes of ltre Companies Act) present their
annual report together with the financial statements of Leaming and Committee Sport @ Worle Trust for the
period ended 31 August 2024. The Trustees confirm that Ihe Annual report and financ,81 statements of Ihe
company comply with the current statutory requirements, the requirements of the companls governing
document and the provisions of the Staternent of Recommended Pradice {SORP) 'Accounting and Reporting
by Charities" issued in March 2005.
The trustees have 3 reasonable expectation that the Charty has ad8quate resources to continue in operational
existence for the foreseeable future. For this reason, they continue to adopt tha going concern basis in
preparing the fir)ancial stalements.
Principle Funding. The principal funding source is from rental income from the Brandon Trust and North
Somerset Council Adult Social Services and Housing together with membership fees of the gym and hiring
charges for using the facilities
Page 4

LEARNING AND COMMUNITY SPORT @ WORLETRUST
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES. REPORT (continued)
YEAR ENDED 31 AUGUST 2024
Flnanclal Revlew (continued>
Reserves Policy. The Trustees. policy is lo hold sufficient reserves as cash which. when long-term
maintenance requirements arise can be used to fund these works.
Investmenl Policy. Aside from retaining a prudent amount in reserves. the Charity also aims lo set aside a
minimum of £30,000 each year to cover the costs of replacing fixed asse15 such as the AstroTurf pitches.
These investments will be held in secure. no risk savings acGounts.
Risk Management. The Trustees have assessed the major risks to which the Charity is exposed, in
particular those related to the operations and finances of the Cornpany and. are satisfied that systems and
procedure5 are in place to mitigate our exposure to Ihe major risks.
Paul Savage
Director I Chairman
Signed on behalf of the board of tpustees
Learning and Commurrity Sport @Worle Trusl
Page 5

LEARNING AND COMMUNrrY SPORT @ WORLE TRUST
(A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
I report on the accounts for the year 8nded 31 August 2024 set OLrt on pages eight to eighteen.
Respectlve responsibilities of trustoes and exarninor
The chariws trustees (who are also tkie directors for the purposes of company law) are responsible
for the preparalion of the accounts in accordance with the requiremenls of the Companies Act 2006
("The 2006 Act ). The charitys trustees consider that an audit is not required for this year (under
Sectson 144(2) of thc Charities Act 2011 (the 2011 Acl)) and that an independent examination is
Having satisfied myself that the charity is not subject to audit this year under Part 16 of the 2006
Act and is 81igible for independent examination, it is rTly responsibility to=
examine the accounts under Section 145 of the 2011 Act
to follow the proc8dures18id down in the General Directioris given by the charity commission
(under Section 145(5)(bl of Ihe 2011 Acl)- ar.d
to state whether particular matters have come to tny attention.
Basis of the independent examlnerfs report
My examination was carried out in accordance with the General Directions given by the Charity
Commission. An exarninalion ndudes a review of the accounting records Kept by the charity and a
comparison of the a￿oUntS pre5eiled with those records_ 11 also inclL'des consideration of any
unusual items or disclosures in the accounts, and seeking explanations from you as tnislees
concerning any such Tnatters. The prO￿dureS undertaken do not provide all Ihe evidence that
WOLJld be required in an audit, and consequenlly no opinion is gtven as to whether the accounts
present a and fair view ' and '.he report is limited to those matters set out in the statements
below.
Page 6

LEARNING AND COMMUNITY SPORT @ WORLE TRUST
IA COMPANY LIMrrED BY GUARANTEE)
INDEPENDENT EXAMINER'S REPORT Iconlinued)
FOR THE YEAR ENDED 31 AUGUST 2024
Independent examiner's statement
The company's gross income 8XC8eded £250,000 and l am qualffied to underake the examination b!
being a qualified member of The Institute of Chartered Accountanls in England and Wales.
In connection with my examinalion, no matter has come lo my attentK)n.'
11) which gives me reasonable cause to believe that, in any malerial respect, the requirements
lo keep accounting records in accordance with Section 386 and 387 of the Comp2nEs Act
2006. and
to prepare accounts which accord with the accounts'ng records. Comply with the accounting
requirements of Sections 394 and 395 of the Companies Act 2006 and with the meihods and
principles of th8 Accounting and Reporting by Charities: Statement o! Recommended PraGlice
applicable to charities preparing their accounts in accordance with the FinaT￿la1 Reporting
Standard applicable in the UK arKI Republic of Ireland (FRS 102) (effective 1 January 2015)
hq2ve not been met.. or
12) to which, in my opinion, attention should be drawn in order to enable a propef understanding
of the accounts to be reached.
Signed:
Dated:
Debbie Atkins FCA
Atkins & Co Chartered Accountant5
7 Nlorslon Court
Aisecome Way
Weston-super-mare
Somerset
BS22 8NG
Page 7

LEARNING AND COMMUNifY SPORT @ WORLE TRUST
(A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 AUGUST 2024
Unrestrlcted Restricted
funds
funds
2024
Total
funds
2024
Total
funds
2023
Notes
INCOME FROM:
Charitable activities
Investment income
791,611
108
791,611
108
648,225
30
TOTAL INCOME
791.720
791720
648,254
EXPENDITURE ON:
Charitable activities
851,600
851,600
659,351
TOTAL EXPENDITURE
851600
659,351
NET INCOME BEFORE TRANSFERS
Transfers bebNeen Funds
59.881
59,881
11.097
14
NET INCOME
59.881
59,881
11,097
RECONCILIATION OF FUNDS
Total funds brought forward
262,974
262,974
274,071
TOTAL FUNDS CARRIED FORVVARD
203,093
262,974
All activities relate to continuing operations.
Th8 notes on pages 1110 18 f￿M part of Ihese financial statements.
P2ge 8

LEARNING AND COMMUNITY SPORT @ WORLE TRUST
{A COMPANY LIMITED BY GUARANTEE)
REGISTERED NUMBER." 08191371
BALANCE SHEET
AS AT 31 AUGUST 2024
2024
2023
Notes
FIXED ASSETS
Tangible assets
10
316,876
308,550
CURRENT ASSETS
Debtors
Cash in bank and in hand
56,116
16,253
20.589
36,842
17
91,278
CREDITORS: Amounts falling due within one year
12
41,422
NET CURRENT ASSETS
15,988
(4,680)
CREDITORS
Amounls falling due after more than one ye2r
19
129,771
40,996
NET ASSETS
203 093
262 974
FUNDS
Unrestricted funds
14
203.093
262,974
TOTAL FUNDS
203 093
262 974
The Trustees consider that the ￿MpanY is entilled to exemption from the requirement to have an audit under
the provisions of section 477 of the Companies Act 2006 ('the Act") and members have not required the
Company to obtain an audit for the year in question in &cordance with section 476 of the Act.
The Trustees acknowledge their responsibilities for CA)mplwng with the requirements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
These acounts have be8n prepared In accordance with the provisions applicable to Companies subject to stllall
companies, regime.
The financial statements were approved by the Trustees on .
. And signed on their behaff, by:
P Savage
Chair
The notes on pages 1110 18 form part of these financial ststements.
Page 9

LEARNING AND COMMUNrrY SPORT @WORLE TRUST
(A COMPANY LIMITED BY GUARANTEE)
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2024
2024
2023
Noto
Cash flows from operating actSvitl¢s
Net cash provided by operating activities
16
63.794
7.850
Cash flows from Investing activities:
Purchase of intangible sssets
Net cash used in Investing activSties
Change In cash and cash equivalents in the year
Cash and cash equNalenls brought forward
(63,794)
20,589
7,850
12,739
Cash and cash equlvalents carried forward
17
20.589
Page 10

LEARNING AND COMMUNITY SPORT @ WORLE TRUST
IA COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
ACCOUNTING POLICIES
Basls of preparing the flnancial Statements
The financial slalements of the charilable coThTrpany, which is a public benefit enlity under FRS 102, have
been prepared in accordance with the Charities SORP {FRS 102) 'Accounting and Reporting by Charilies..
Statement of Recommended Practice 3pplicable to charities preparing their accounts in accordance wlh
Ihe FinanGial Reporling Standard appltcable in the UK and Republic of Ireland (FRS 102) (effective 1
January 2015),, Financial Reporting Standard 102 'The Financial Reporting Standard applicaLle in the UK
and Republic of Ireland, and the Compan￿$ Act 2006. The fin8ncial statements have been prepared
under the historical cost convention.
Income
All income is recognised in the Slaternent of Financial Aclivilies once the charity has enlI￿eMent to the
funds. it is probable Ihat the income wi.1 b8 receNed and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing
Ihe charity to that expenditure, it is probable that a Iransfer of eo)nomic benefits will be required in
settlement and the amount of the obligation can be measured reliably. Expendi"ure is accounted for on an
accruals basis and has been classifiee under headings Ihat aggregate all cost related lo the category.
Where costs cannot be direcdy attributed lo parttcular headings Ihey have been allocated to activilies on a
basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provKJed at the following anniial rates in order to ￿lte off each asset over its estimated
useful life.
Plant and machinery
Computer equipment
20¥0 straight line
25010 Straighl line
Taxation
The charity is exempt from cOrporat￿n lax on its charitable activities.
Fund accounting
UniestriGted funds can be used in accordance with the charit3ble objectives at the discretion of the
trustees.
Restricted fur)ds can only be used for parti(￿18r restrict￿ purposes wthin the objects of the charity.
Restrictions arise when specified by the donor or when fund5 are raised for particular restricted purposes.
Further eXplanat￿n of the nature and purpose of each fund is inckjded in the notes to the financial
Hire purchase and leasing commitments .
Rentals paid under operating lease5 are Gharged io the Slatement of Financial Activities on a slraight line
basis over the period of the lease.
Pension costs and other post-retlremont bonefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the
charitable companys pension scheme are charged to the Statement of Financial Actimties in the period to
which they relale.
Page11

LEARNING AND COMMUNrrY SPORT @ WORLE TRUST
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
INCOME FROM CHARITABLE ACTIVITIES
Unrestrlcted
funds
2024
Restricted
fund5
2024
Total
funds
2024
Total
funds
2023
Sports and community centre
791,611
11 648 225
INVESTMENT INCOME
Unr06tri¢ted
funds
2024
Restricted
funds
2024
Tolal
fund5
2024
Total
funds
2023
Bank interest
108
30
ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE fYpE
Other costs
2024
Staff costs
2024
Depreciation
2024
Total
2024
Total
2023
Sports and comtniJnity
centre
Governance
327,896
2.082
521.623
851,600
659,351
327 896
2,082
521 623
851,600
659 351
ANALYSIS OF RESOURCES EXPENDED BY ACTIVITIES
Activities
undertaken
directly
2024
Support
costs
2024
Total
2024
Total
2023
Sports and community centre
377,023
474,577
851 600
659,351
Page'2

LEARNING AND COMMUNITY SPORT @WORLE TRUST
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
DIRECT COSTS
Total
2024
Total
2023
Instructors fee
W8ge5 and salaries
National insurance
Pension
Facility hire
49,128
313,594
13,124
1,178
52,403
223,969
7,690
1,098
377 023
285,160
SUPPORT COSTS
Total
2024
Totsl
2023
Prinling. postage anc stationary
Telephone and computer costs
Advertising
Legal and professional fees
Rates
Light and heat
Other premi8es costs
Repairs and m2inlenance
Donations
Travel and subsistence
Vending and café slocklconsumables
Equiprnenl costs
Training
Sundry expenses
Bank charges
Loss on disposal of r￿ed assets
Depreciation
35
25.372
196
26.136
8,147
145.197
58,368
29,695
2,029
18,731
788
18,600
6,332
42,905
68,766
43.217
74.333
91.651
50,378
111,803
8,479
4.885
7.405
3,237
2.082
474,577
374,191
Page 13

LEARNING AND COMMUNITY SPORT @ WORLE TRUST
{A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
NET INCOMING RESOURCESI(RESOURCES EXPENDED)
This is stated after charging..
2024
2023
Depreciation of tangible fixed assets:
owned by the charity
Independent examinatior) fee
2,082
2,160
During the year. no trustee received any remunera:ion (2023. £NIL)
During the year, no trustee received any benefits in kind (2023- £NIL)
During the year, no trustee recejved any re.mbursemenl of expcnses (2023.. £NIL}
STAFF COSTS
Staff costs were as foll0v￿..
2024
2023
Wages and Salaries
Social security costs
Pensions
313,594
13,124
1.178
223,969
7,690
1,098
Total
327.896
232,757
The average number of persons employe(i by the Gomp8ny dufing the year was as follows:
2024
No.
2023
17
No employee received remuneration amounting io more than £60.000 in either year.
Pase 14

LEARNING AND COMMUNITY SPORT @WORLE TRUST
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
10. TANGIBLE FIXED ASSETS
lrnprovement$ to
Property
Plant and
machinery
COST
At 1 September 2023
Addit￿n5
Disposals
At 31 August 2024
308.650
21,OSD
10,408
308,550
31,45B
DEPRECIATION
Al 1 September 2023
Charge for year
Disposals
Al 31 Augusl 2024
21,050
2,082
23,132
NET BOOK VALUE
Al 31 August 2024
308.550
8,326
Al 31 August 2023
308 550
11. DEBTORS
2024
2023
Trade debtors
Other debtors
Prepayments and accrued income
54.443
14.580
1,673
1.673
16,253
Page-5

LEARNING AND COMMUNITY SPORT @ WORLETRUST
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
Other credilors
Accruals and deferred incorne
73,130
2,160
39,262
2,160
75
DEFERRED INCOME
Deferred income al 1 September 2023
Amounts released from previous years
Resources deferred during the year
Deferred income al 31 August 2024
13. FINANCIAL INSTRUMENTS
2024
2023
Financial assets measured at fair value through income and
expenditure
Financial assets measured at amortised cost
387.705
44,857
387,705
44,857
432 562
Financial liabilities measured al amorlised cost
2,160
2.160
Financial assets measured al fair value through the income and expenditure comprise of cash at bank
and in hand.
Financial assets measure at arnorbsed ￿9t comprise of accrued income and trade debtors.
Financial liabilities measured at amortised costs com)rise of trade cree.itors and accruals.
Page 16

LEARNING AND COMMUNITY SPORT @ WORLE TRUST
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
14. STATEMENT OF FUNDS
Brought
Fornard
Transfor8
inloul
Carried
Fonvard
Income
Expondlture
UNRESTRICTED FUNDS
General funds
262,974
791.719
(851.600)
203.093
Total funds
262,974
791,719
851.600
203,093
15. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestrlcted
funds
2024
Total
funds
2023
Tangible fixed assets
Current assets
Creditors due within one year
316,876
91,278
(75,290)
308.550
36,842
(41,423)
332.864
16. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW
FROM OPERATING ACTIVITIES
2024
2023
Net income for the year {as per St8tement of financial activities)
{59,881)
(11.0971
Adjustment for:
Depreciation charges
Decreasellincrease) in deblors
Increasel{decrease) In creditors
2,082
{39,863)
33,868
24.100
(5.153)
Net cash provided by operating actlvities
63,794
7,850
17. ANALYSIS OF CASH AND CASH EQUIVALENTS
2024
2023
Cash at bank and in hand
35,162
20,589
Page 17

LEARNING AND COMMUNITY SPORT @WORLE TRUST
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024
18. OPERATING LEASE COMMITMENTS
As 31 August 2024 the tolal of the Charity's fulure mir,irnum lease payTnenls under non-cancellable
operating leases was=
2024
2023
AMOUNTS PAYABLE:
Within 1 year
Between 1 ané 5 years
11,760
2,199
11.760
2.199
Total
19 CREDITORS: AMOUNTS FALLING DUE AFTER MORETHAN ONE YEAR
2024
2023
Other loans
129,771
40,995
129 771
40,995
Page 18