Company registration number: 08071759 Charity registration number: 1151065
## **THE YOUNGS COMMUNITY SPORTS TRUST TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025**
**----- Start of picture text -----**
Steve Pye & Co.
Unit 10 Aylsham Business Park
Richard Oakes Road
Aylsham
Norfolk
[°] NR11 6FD
**----- End of picture text -----**
## **The Youngs Community Sports Trust Contents**
||**Page**|
|---|---|
|Trustees' Report|1—3|
|Independent Examiner's Report|4|
|Statement of Financial Activities (including Income and Expenditure Account)|5|
|Comparative Statement of Financial Activities (including Income and Expenditure Account)|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8—11|
|The following pages do not form part of the statutory accounts:||
|Detailed Statement of Financial Activities (including Income and Expenditure Account)|12|
## **The Youngs Community Sports Trust Company No. 08071759 Trustees' Report For The Year Ended 31 May 2025**
The trustees present their report and the financial statements for the year ended 31 May 2025.
## **Objectives and Activities**
## **Aims and Objectives**
The objects of the charity are:
to provide, for the promotion of community participation in healthy recreation for the benefit of the inhabitants of Aylsham, Norfolk and the surrounding area, in particular by the provision of facilities for playing football, cricket and other sports.
to promote, for the benefit of the inhabitants of Aylsham, Norfolk and the surrounding area the provision of facilities for recreation or other leisure time occupation of individuals who have need for such facilities by the reason of youth, age, infirmity or disablement, financial hardship or social and economic circumstances 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.
## **Public Benefit**
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
## **Achievements and Performance**
## **Main Achievements**
The community sports facilities know as "Youngs Park" have been utilised by the people of Aylsham and the wider community throughout the financial year, and continues to provide a valuable recreation space promoting fitness, health and well-being across a range of activities including football, running, karate, NHS community education, rehabilitaion and recovery (Heart and Diabietes), fitness, dance, and slimming classes.
The Trustees have successfully operationalised and integrated the new 3G pitch with floodlights since the formal opening in September 2024. Revenue generated in the 9 months since opening has exceeded expectations.
## **Financial Review**
## **Financial Position**
Total income amounted to £53,660 (2024 - £830,284) and after incurring expenditure of £61,475 (2024 - £45,089), net expenditure amounted to £7,815 (2024 - net income £785,195).
At the year end the charity had total unrestricted fund of £2,732,084 (2024 - £2,741,737) principally consisting of freehold property , being Youngs Park.
## **Reserves Policy**
Following the completion and opening of the 3G pitch with floodlights in September 2024, there is a Football Foundation grant funding requirement to reserve £260,000 over the next 10 years to a sinking fund.
In addition to an annual improvement and maintenance plan funded through the subsidiary company an agreed amount will be ringfenced annually to provide a contingency reserve for any unforeseen major building or site remedial works to ensure the safeguarding of assets and facilities for future generations.
The remaining reserves will be used at the discretion of the Trustees towards developing Youngs Park.
Free reserves amounted to £71,865 (2024 - £40,024)
## **Plans for future periods**
The subsidiary company, Aylsham Community Sports Limited, relies on the usage of the Youngs Park facilities by community groups. Following the successful project implementation of the 3G pitch with floodlights, attention is now focused on external funding for the following projects:
1. To redesign, refurbish and extend the kitchen area.
2. To significantly reduce electricity costs through a solar panel and battery solution.
## **Structure, Governance and Management**
Page 1
## **The Youngs Community Sports Trust Trustees' Report (continued) For The Year Ended 31 May 2025**
## **Governing Document**
The charity is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 16 May 2012.
The charity is constituted under a Memorandum of Association dated 16 May 2012 and is registered charity 1151065.
## **Trustee Selection Methods**
The management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the Articles of Association.
## **Induction and training of trustees**
All new trustees are provided with copies of:
The Memorandum and Articles of Association
The latest accounts of the Charity
and are advised to read Charity Commission guidance notes CC3 - The Essetial Trustee. In addition Trustees are encouraged to read Charity Commission and other newsletters and to attend courses designed to keep them abreast of their duties and responsibilities.
## **Reference and Administrative Details**
## **Trustees**
Mr Mark Daniels Mr Ian Potter Mr William Youngs Mr Stephen French Mr Angus Bates (appointed 12/02/2026)
## **Charity Number**
1151065
## **Company Number**
08071759
## **Registered Office**
Unit 10 Aylsham Business Park Richard Oakes Road Aylsham Norfolk NR11 6FD
## **Independent Examiner**
Liam McHugh Steve Pye & Co. Unit 10 Aylsham Business Park Richard Oakes Road Aylsham Norfolk NR11 6FD
Page 2
## **The Youngs Community Sports Trust Trustees' Report (continued) For The Year Ended 31 May 2025**
## **Small Company Rules**
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mr Stephen French Trustee 25 February 2026
Page 3
## **The Youngs Community Sports Trust Independent Examiner's Report to the Trustees of The Youngs Community Sports Trust For The Year Ended 31 May 2025**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 May 2025.
## **Responsibilities and Basis of Report**
As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent Examiner's Statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Liam McHugh 25 February 2026 Unit 10 Aylsham Business Park Richard Oakes Road Aylsham Norfolk NR11 6FD
Page 4
## **The Youngs Community Sports Trust Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 May 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**EXPENDITURE ON:**
Charitable activities
**NET (EXPENDITURE)/INCOME**
Transfers between funds
**10**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**10**|**Unrestricted**
**funds**
**£**
34,987|**Restricted**
**funds**
**£**
18,673|**31 May**
**2025**
**Total**
**funds**
**£**
53,660|**31 May**
**2024**
**Total**
**funds**
**£**
830,284|
|---|---|---|---|---|
||(50,655)|(10,820)|(61,475)|(45,089)|
||(15,668)
6,015|7,853
(6,015)|(7,815)
-|785,195
-|
||(9,653)
2,741,737|1,838
3,188|(7,815)
2,744,925|785,195
1,959,730|
||2,732,084|5,026|2,737,110|2,744,925|
The notes on pages 8 to 11 form part of these financial statements.
Page 5
## **The Youngs Community Sports Trust Comparative Statement of Financial Activities (including Income and Expenditure Account)**
## **For The Year Ended 31 May 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**EXPENDITURE ON:**
Charitable activities
**NET INCOME**
Transfers between funds
**10**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**10**|**Unrestricted**
**funds**
**£**
7,933|**Restricted**
**funds**
**£**
822,351|**31 May**
**2024**
**Total**
**funds**
**£**
830,284|
|---|---|---|---|
||(32,729)|(12,360)|(45,089)|
||(24,796)
808,793|809,991
(808,793)|785,195
-|
||783,997
1,957,740|1,198
1,990|785,195
1,959,730|
||2,741,737|3,188|2,744,925|
The notes on pages 8 to 11 form part of these financial statements.
Page 6
## **The Youngs Community Sports Trust Balance Sheet As At 31 May 2025**
|**Notes**
**FIXED ASSETS**
Tangible Assets
**6**
Investments
**7**
**CURRENT ASSETS**
Debtors
**8**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**9**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Restricted Funds
Unrestricted Funds
**TOTAL FUNDS**
**10**|**Unrestricted**
**funds**
**£**
2,660,119
100|**Restricted**
**funds**
**£**
-
-|**31 May**
**2025**
**Total**
**funds**
**£**
2,660,119
100|**31 May**
**2024**
**Total**
**funds**
**£**
2,701,613
100|
|---|---|---|---|---|
||2,660,219
89,302
15,964|-
5,026
-|2,660,219
94,328
15,964|2,701,713
340,086
182,404|
||105,266
(33,401)|5,026
-|110,292
(33,401)|522,490
(479,278)|
||71,865|5,026|76,891|43,212|
||2,732,084|5,026|2,737,110|2,744,925|
||2,732,084|5,026|2,737,110|2,744,925|
||||5,026
2,732,084|3,188
2,741,737|
||||2,737,110|2,744,925|
For the year ending 31 May 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr Stephen French
Trustee 25 February 2026
The notes on pages 8 to 11 form part of these financial statements.
Page 7
## **The Youngs Community Sports Trust Notes to the Financial Statements For The Year Ended 31 May 2025**
## 1. **General Information**
The Youngs Community Sports Trust is a company limited by guarantee, incorporated in England & Wales, registered number 08071759 and registered charity number 1151065. The registered office is Unit 10 Aylsham Business Park, Richard Oakes Road, Aylsham, Norfolk, NR11 6FD.
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The charitable company is a Public Benefit Entity as defined by FRS 102.
## 2.2. **Exemption From Preparing Consolidated Financial Statements**
The charitable company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the charitable company as an individual entity and not about its group.
## 2.3. **Going Concern Disclosure**
The trustees have identified material uncertainties related to events or conditions that may cast significant doubt about the charitable company's ability to continue as a going concern, however, the going concern basis remains appropriate.
## 2.4. **Significant judgements and estimations**
The preparation of the financial statements requires management to make judgments, estimates and assumptions that effect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
## 2.5. **Fund Accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Designated funds comprise unrestricted funds that have been set aside by the trustees for a specific purpose.
Restricted funds are to be used for specific purposes as laid down by the donor.
## 2.6. **Tangible Fixed Assets and Depreciation**
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
|Freehold|2% straight line|
|---|---|
|Plant & Machinery|25% straight line|
|Fixtures & Fittings|20% straight line|
## 2.7. **Cash and Cash Equivalents**
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
## 3. **Net Income/(Expenditure)**
The net (expenditure)/income is stated after charging/(crediting):
||**31 May**|**2025 31 May 2024**|**2025 31 May 2024**|
|---|---|---|---|
||**£**||**£**|
|Depreciation of tangible fixed assets - owned|44,962||29,340|
|Gain/Loss on disposal of tangible fixed assets||(400)|2,175|
Page 8
## **The Youngs Community Sports Trust Notes to the Financial Statements (continued) For The Year Ended 31 May 2025**
## 4. **Independent Examiner's Remuneration**
|.
**Independent Examiner's Remuneration**|||||||
|---|---|---|---|---|---|---|
||**31**|**May**|**2025**|**31**|**May**|**2024**|
|||**£**|||**£**||
|Independent examination of the financial statements|||610|||950|
## 5. **Average Number of Employees**
Average number of employees during the year was: NIL (2024: NIL)
## 6. **Tangible Assets**
|**Cost**
As at 1 June 2024
Additions
As at 31 May 2025
**Depreciation**
As at 1 June 2024
Provided during the period
As at 31 May 2025
**Net Book Value**
As at 31 May 2025
As at 1 June 2024|**Land &**
**Property**
**Freehold**
**£**
2,856,426
-|**Plant &**
**Machinery**
**£**
62,933
3,468|**Fixtures &**
**Fittings**
**£**
10,113
-|**Total**
**£**
2,929,472
3,468|
|---|---|---|---|---|
||2,856,426|66,401|10,113|2,932,940|
||177,210
37,629|40,536
7,333|10,113
-|227,859
44,962|
||214,839|47,869|10,113|272,821|
||2,641,587|18,532|-|2,660,119|
||2,679,216|22,397|-|2,701,613|
Included in the freehold property is freehold land valued at £975,000 which is not depreciated.
The Football Foundation hold a charge over the freehold property known as the Community Sports Facilities Land at Aylsham, Norfolk, including any buildings and equipment thereon.
The English Sports Council holds a charge over the freehold property known as the Community Sports Facilities Land in Aylsham, Norfolk.
## 7. **Investments**
|**Cost or Valuation**
As at 1 June 2024
As at 31 May 2025
**Provision**
As at 1 June 2024
As at 31 May 2025
**Net Book Value**
As at 31 May 2025
As at 1 June 2024|**Unlisted**
**£**
100|
|---|---|
||100|
||-|
||-|
||100|
||100|
Page 9
**The Youngs Community Sports Trust Notes to the Financial Statements (continued) For The Year Ended 31 May 2025**
## **Subsidiaries**
Details of the charitable company's subsidiaries as at 31 May 2025 are as follows:
|**Name of undertaking**
**Registered Office**
**Class of shares**
**held**
**Direct**
**holding**
Aylsham Community Sports
Limited
Unit 10 Aylsham Business Park,
Richard Oakes Road, Aylsham,
Norfolk NR11 6FD
Ordinary
100.00%
The aggregate capital and reserves and the result for the year of the subsidiaries listed above was as follows:
**Capital and**
**Reserves**
**£**
Aylsham Community Sports Limited
100
8.
**Debtors**
**31 May 2025**
**£**
**Due within one year**
Amounts owed by group undertakings
67,137
Other debtors
27,191
94,328
9.
**Creditors: Amounts Falling Due Within One Year**
**31 May 2025**
**£**
Trade creditors
5,538
Accruals and deferred income
27,863
33,401
10.
**Movement in Funds**
**As at 1 June**
**2024**
**Income**
**Expenditure**
**Transfers**
**£**
**£**
**£**
**£**
**Unrestricted funds**
General:
General unrestricted fund
2,741,737
34,987
(50,655)
(22,485)
Designated:
3G pitch sinking fund
-
-
-
26,000
Contingency fund
-
-
-
2,500
-
-
-
28,500
**Total unrestricted funds**
2,741,737
34,987
(50,655)
6,015
**Restricted funds**|**Name of undertaking**
**Registered Office**
**Class of shares**
**held**
**Direct**
**holding**
Aylsham Community Sports
Limited
Unit 10 Aylsham Business Park,
Richard Oakes Road, Aylsham,
Norfolk NR11 6FD
Ordinary
100.00%
The aggregate capital and reserves and the result for the year of the subsidiaries listed above was as follows:
**Capital and**
**Reserves**
**£**
Aylsham Community Sports Limited
100
8.
**Debtors**
**31 May 2025**
**£**
**Due within one year**
Amounts owed by group undertakings
67,137
Other debtors
27,191
94,328
9.
**Creditors: Amounts Falling Due Within One Year**
**31 May 2025**
**£**
Trade creditors
5,538
Accruals and deferred income
27,863
33,401
10.
**Movement in Funds**
**As at 1 June**
**2024**
**Income**
**Expenditure**
**Transfers**
**£**
**£**
**£**
**£**
**Unrestricted funds**
General:
General unrestricted fund
2,741,737
34,987
(50,655)
(22,485)
Designated:
3G pitch sinking fund
-
-
-
26,000
Contingency fund
-
-
-
2,500
-
-
-
28,500
**Total unrestricted funds**
2,741,737
34,987
(50,655)
6,015
**Restricted funds**|**Name of undertaking**
**Registered Office**
**Class of shares**
**held**
**Direct**
**holding**
Aylsham Community Sports
Limited
Unit 10 Aylsham Business Park,
Richard Oakes Road, Aylsham,
Norfolk NR11 6FD
Ordinary
100.00%
The aggregate capital and reserves and the result for the year of the subsidiaries listed above was as follows:
**Capital and**
**Reserves**
**£**
Aylsham Community Sports Limited
100
8.
**Debtors**
**31 May 2025**
**£**
**Due within one year**
Amounts owed by group undertakings
67,137
Other debtors
27,191
94,328
9.
**Creditors: Amounts Falling Due Within One Year**
**31 May 2025**
**£**
Trade creditors
5,538
Accruals and deferred income
27,863
33,401
10.
**Movement in Funds**
**As at 1 June**
**2024**
**Income**
**Expenditure**
**Transfers**
**£**
**£**
**£**
**£**
**Unrestricted funds**
General:
General unrestricted fund
2,741,737
34,987
(50,655)
(22,485)
Designated:
3G pitch sinking fund
-
-
-
26,000
Contingency fund
-
-
-
2,500
-
-
-
28,500
**Total unrestricted funds**
2,741,737
34,987
(50,655)
6,015
**Restricted funds**|**Name of undertaking**
**Registered Office**
**Class of shares**
**held**
**Direct**
**holding**
Aylsham Community Sports
Limited
Unit 10 Aylsham Business Park,
Richard Oakes Road, Aylsham,
Norfolk NR11 6FD
Ordinary
100.00%
The aggregate capital and reserves and the result for the year of the subsidiaries listed above was as follows:
**Capital and**
**Reserves**
**£**
Aylsham Community Sports Limited
100
8.
**Debtors**
**31 May 2025**
**£**
**Due within one year**
Amounts owed by group undertakings
67,137
Other debtors
27,191
94,328
9.
**Creditors: Amounts Falling Due Within One Year**
**31 May 2025**
**£**
Trade creditors
5,538
Accruals and deferred income
27,863
33,401
10.
**Movement in Funds**
**As at 1 June**
**2024**
**Income**
**Expenditure**
**Transfers**
**£**
**£**
**£**
**£**
**Unrestricted funds**
General:
General unrestricted fund
2,741,737
34,987
(50,655)
(22,485)
Designated:
3G pitch sinking fund
-
-
-
26,000
Contingency fund
-
-
-
2,500
-
-
-
28,500
**Total unrestricted funds**
2,741,737
34,987
(50,655)
6,015
**Restricted funds**|**Name of undertaking**
**Registered Office**
**Class of shares**
**held**
**Direct**
**holding**
Aylsham Community Sports
Limited
Unit 10 Aylsham Business Park,
Richard Oakes Road, Aylsham,
Norfolk NR11 6FD
Ordinary
100.00%
The aggregate capital and reserves and the result for the year of the subsidiaries listed above was as follows:
**Capital and**
**Reserves**
**£**
Aylsham Community Sports Limited
100
8.
**Debtors**
**31 May 2025**
**£**
**Due within one year**
Amounts owed by group undertakings
67,137
Other debtors
27,191
94,328
9.
**Creditors: Amounts Falling Due Within One Year**
**31 May 2025**
**£**
Trade creditors
5,538
Accruals and deferred income
27,863
33,401
10.
**Movement in Funds**
**As at 1 June**
**2024**
**Income**
**Expenditure**
**Transfers**
**£**
**£**
**£**
**£**
**Unrestricted funds**
General:
General unrestricted fund
2,741,737
34,987
(50,655)
(22,485)
Designated:
3G pitch sinking fund
-
-
-
26,000
Contingency fund
-
-
-
2,500
-
-
-
28,500
**Total unrestricted funds**
2,741,737
34,987
(50,655)
6,015
**Restricted funds**|**Indirect**
**holding**
-
**Profit/(loss)**
**£**
34,387
**31 May 2024**
**£**
28,896
311,190|
|---|---|---|---|---|---|
||||||340,086|
||||||**31 May 2024**
**£**
264,952
214,326|
||||||479,278|
||||||**As at 31 May**
**2025**
**£**
2,703,584
26,000
2,500|
||-|-|-|28,500|28,500|
||2,741,737|34,987|(50,655)|6,015|2,732,084|
|||||||
...CONTINUED
Page 10
## **The Youngs Community Sports Trust Notes to the Financial Statements (continued) For The Year Ended 31 May 2025**
|Pitch grants
3G fundraising
**Total restricted funds**
**Total funds**
**Unrestricted funds**
General:
General unrestricted fund
**Restricted funds**
Pitch grants
3G grants
3G fundraising
**Total restricted funds**
**Total funds**|3,188
-|12,658
6,015|(10,820)
-|-
(6,015)|5,026
-|
|---|---|---|---|---|---|
||3,188|18,673|(10,820)|(6,015)|5,026|
|||||||
||2,744,925|53,660|(61,475)|-|2,737,110|
||**As at 1 April**
**2023**
**£**
1,957,740
1,990
-
-|**Income**
**£**
7,933
13,558
794,816
13,977|**Expenditure**
**£**
(32,729)
(12,360)
-
-|**Transfers**
**£**
808,793
-
(794,816)
(13,977)|**As at 31 May**
**2024**
**£**
2,741,737
3,188
-
-|
||1,990|822,351|(12,360)|(808,793)|3,188|
|||||||
||1,959,730|830,284|(45,089)|-|2,744,925|
Pitch grants - Funding received from The Football Foundation towards pitch repairs and maintenance.
3G Grants - Grants received from The Football Foundation, Greater Norwich Growth Board, and Broadland District Council towards a new 3G pitch.
3G Fundraising - Other donations towards new 3G pitch.
## 11. **Related Party Disclosures**
## **Aylsham Community Sports Limited**
Aylsham Community Sports Limited, of which Mr I Potter and Mr S French were directors, is a 100% subsidiary of The Youngs Community Sports Trust.
During the year the charity received donations from Aylsham Community Sports Limited of £34,387 (2024 - £7,933). At the year end the subsidiary company owed £67,137 (2024 - 28,896).
## 12. **Company limited by guarantee**
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £10.
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## **The Youngs Community Sports Trust Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 May 2025**
|**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
Donations and gifts
Donations from Aylsham Community Sports Limited
Fundraising
Grants
**EXPENDITURE ON:**
**Charitable Activities:**
**Charitable activities**
Pitch repairs and maintenance
Repairs, renewals and maintenance
Legal fees
Bank charges
Sundry expenses
Depreciation
Surplus/(deficit) on disposal of tangible fixed assets
Independent examiner's fees
**NET (EXPENDITURE)/INCOME**|**31 May 2025 **
**Total**
**funds**
**£**
600
34,387
6,015
12,658|**31 May 2024**
**Total**
**funds**
**£**
-
7,933
13,977
808,374|
|---|---|---|
||53,660|830,284|
||53,660
(10,820)
(392)
(5,048)
(9)
(34)
(44,962)
400
(610)|830,284
(12,360)
-
-
(264)
-
(29,340)
(2,175)
(950)|
||(61,475)|(45,089)|
||(61,475)|(45,089)|
||(7,815)|785,195|
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