Co Reg No.. 07540253 Charity Reg No.. 1152770 Page-1 SHAFTESBURY PARK REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 Company No: 07540253 {England & Wales) Charlty No: 1152770
Co Reg No.. 07540253 Charity Reg No.. 1152770 Page-2 SHAFTESBURY PARK CONTENTS Pago Report of the Board Independent Examiners Report Statement of Financial Activities Balance Sheet Statement of Cashflows Notes forming part of the financial slalements 10-12
Co Reg No.. 07540253 Charity Reg No.. 1152770 Page-3 SHAFTESBURY PARK DIRECTORS. AND TRUSTEES. REPORT FOR THE YEAR ENDED 30 JUNE 2025 The Iiustees a pleased to present their annual directors, report together with the financial statements of the charity for the year ended 30 June 2025 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial slalements comply with the Charities Act 2011, the Companies Act 2006, the Articles of Association and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) leffeclive 01 January 2015). Alms and ObJo¢tlves The maintenance and improvement of the physical well being of persons resident in Bristol and the surrounding neighbourhood by the provision of facilities for physical training and recreation. Public Beneflt statement The charity trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties. Achlevements and Porformance The charity continues lo fulfil ils charilable objectives by the provision of faci5ilies for physical training and recrealion. Financlal Revlew The charity held £8,518,043 in reseeS at the balance sheet date. structure, Governance and Revlew Governlng Document The organisation is a charity company limited by guarantee, incorporated on 23 February 2011 and registered as a charity on 8 July 2013. The company was established under Articles of Association which established the objectives and powers of the charitable company and is governed by ils Articles of Association. In the event of the company being wound up members are required to contribule an amount not exceeding £1 Appolntment of Trustees The directors of the company are also charity trustees for the purposes of charity law. Under the requirements of the Articles of Association, Trustees shall be appointed by resolution of the Trustees. Every Trustee will hold office until Ihey vacate office in accordance with Article 8.7 of the Articles of Association. All members of the Board give their time voluntarily and received no benefits from the charity.
Co Reg No.. 07540253 Charily Reg No.. 1152770 Page-4 SHAFTESBURY PARK ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2025 Legal and Admlnlstratlve Information Charity Regislralion Number.. 1152770 Company Registralion Number= 7540253 Registered Offlce and Operatlonal Address: Units1-4 Crossley Farm Business Centre Swan Lane Winterbourne BRISTOL BS36 1RH Directors and Trustees R. Bowden P. Knowles Rev. T Denley Independent Examlners David Cox Harwood Lane & Co Units 1 4 Crossley Farm Business Centre Swan Lane Winterbourne BRISTOL BS36 1RH Bankers Lloyds Bank PIC Kingswood BRISTOL BS15 8HT statement as to disclosuro of Information to Examlners In so far as the truslees are aware at the time of approving our trustees, annual report.. there is no relevant information, being infomialion needed by the examiner in connection with preparing their report and., the trustees, having made enquiries of fellow directors and Ihe examiners that they ought to have individually taken, have each laken all steps that he is obliged to take as a director in order to make themselves aware of any relevant accounts information and to establish that the examiner is aware of that information.
Co Reg No.. 07S40253 Charity RÉg No.. 1152770 Page-5 SHAFTESBURY PARK DIRECTORS, AND TRUSTEES, REPORT FOR THE YEAR ENDED 30 JUNE 2025 Trustees. Responslblllty Statement The charity trustees are responsible for preparing a trustees, annual report and financial statements in accordance with applicable accounting law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice). The law applicable lo charities in England and Wales requires the charity Iruslees to prepare financial statements for each year which give a true and fair view of the slate of affairs of the charity and of the incoming resources and applicalion of resources. of the charity for that period. In preparing the financial statements, the trustees are required to.. used suitable accounting policies and then applied them consistently,. ObSee the methods and principles in the applicable Charities SORP.. made judgements and estimates that are reasonable and prudent., stated whether applicable accounting standards have been followed, subject to any material departures disclosed and explanations in the financial statements., and prepared the financial statements on the going concern basis. The Trustees have responsibility for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial posilion of the charity and enable It to ensure that the financial statements comply with the Companies Act 2006. They also have responsibility for safeguarding the assets of the charitable company and hence for taking reasonable steps to prevent and delect fraud and other irregularities. Members ofthe Board Members of the Board, who are directors for the purpose of company law and trustees for the purpose of charity law, who served during the year are set out on page 4 . In accordan with company law, as the company's directors, we certify that.. So far as we are aware, there is no relevant accounts information of which the company's auditors are unaware,. and As directors of the company we have taken all the sleps that we ought to have taken in order to make ourselves aware of any relevant audit information and to establish that the charity's auditors are aware of that information. Independent Examiners Ha00d Lane & Co were re-appointed as the charity's Examiners during Ihe year and have expressed their willingness to Continue in that capacity. Approval This report has been prepared in accordance with the Statement of Recommended practi.. Accounting and Reporting by Charities (issued in March 2005) and in accordance with Ihe special Provisions of Part 15 of the Companies Act 2006 relating to small enlilies. This report was approved by the Board of Directors and Trustees on.. Dlre¢tor and Trustee Mr R Bowden
Co Reg No." 07540253 Charity Reg No.. 1152770 Page-6 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHAFTESBURY PARK I report on the account5 of the Company for Ihe year ended 30 June 2025, which are set oul on pages 7 to 12. Respective responsibllltles of trusteos and examlners The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparalion of the aOuntS. The trustees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examine the accounts under section 145 of the 2011 Act., lo follow the ProdureS laid down in the General Directions given by the Charity Commission under section 14515llbl of the 2011 Act., and to state whether particular matters have come to my attention. Basis of Independent examlners. report My examinalion was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audil and, consequently, no opinion is given as to whether the accounts present a true and fair view and Ihe reportls limited to those matters set out in the statement below. Independent exarninor's statement In connection with my examination, no matter has come to my attention.. which give me reasonable cause lo believe that, in any material respect, the requirements.. to keep accounting records in accordance with s386 of the Companies Act 2006., and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practi. Accounting and Reporting by Charilies have not been mel., or to which, in my opinion, attention should be drawn in order to enable a proper understanding (L,,,I I of the accounts to be reached. ¢LUidi I David Cox For and on behalfof Hawood, Lane & Co Chartered Accountants Units 1- 4 Crossley Farm Business Centre Swan Lane Winterbourne Bristol BS36 1RH Dat8:
Co Reg No.. 07540253 Charlty Reg No.. 1152770 SHAFTESBURY PARK Pag8-7 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025 Summary Income and Expenditure Account Notes 2025 2024 INCOMING RESOURCES Donations and Legacies Olher Income Interest Received 77,363 937 5,044 55,626 312 1,168 Total Income 83,344 57,106 RESOURCES EXPENDED Charilable Expenses -115 175 Fundraising Costs Total Resources Exppnded -115 175 Net Incomingl(Outgolng) Resources for the year 12 83,459 56,931 Reconcillatlon of Funds Balances Brought Forward 8,434.584 8.377,653 Total Funds Carried Forward £8,518,043 £8,434,584 The notes on pages 10 to 12 form part of these accounts
Co Reg No., 07540253 Charity Reg No.. 1152770 Page-8 SHAFTESBURY PARK BALANCE SHEET AS AT 30 JUNE 2025 Notes 2025 2024 FIXED ASSETS Tanglble Fixed Assets Invo$tments 8,069,369 8,069,369 CURRENT ASSETS Debtors Cash at Bank 8nd in Hand 203,327 245,796 175,063 191,513 449,123 366.576 CREDITORS. amounts falllng due wlthln one yoar -450 -1,362 Net current Assets 448,673 365,214 Total Assets less Total Llabllities £8,518.043 £8,434,584 Capital and Reserves Retained Surplus 10 8,518,043 8.434,584 £8 518,043 £8,434,584 The Directors considers Ihal the company is entitled to exemplion from the requirement to have an audit under the provisions of s.477 of the Companles Act 2006. Members have not required the company under s.476 of the Companies Act 2006, to obtain an audit for the period ended 30 June 2025. The Directors acknowledge their responsibilities for ensuring that the company keeps accounling records which comply with s.386 and s.387 of the Companies Act 2006, and for preparing accounts which give a true and fair view of the stale of affairs of the company as al 30 June 2025 and of its profit for the period then ended in accordance with the requirements of s.396, and which otherwise comply with Ihe requirements of the Act relating to the accounts so far as applicable to the company. The financial statements which have 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 were approved by the board on LZ4i:3 -7b and are signed on its behalf. LK5 .),1)•J.- , Mr R Bowden Director Tho notes on pages 10 to 12 form part of these accounts
Co R89 No.. 07540253 Charity R89 No.. 1152770 SHAFTESBURY PARK Page-9 STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2025 Total Funds 2025 Total Funds 2024 Notes Net Cash used In operatlng activiti85 13 49,239 39.704 Cash Flow from investlng activities.. Interest and dividends Ground development cost5 Purchase of investment 5,044 1,168 Not cash provlded by Investlng activities 5,044 1,168 Cash Flow from flnancing actlvlties.. Repayment of borrowing Receipt of expendable endowment Net cash provlded by flnanclng actlvitles Change In cash and cash equlvalents In the year 54,283 40,872 Cash and cash equivalent brought forward 191,513 150,641 Cash and cash equlvalent carrled forward £245,796 £191,513
Co Reg No.. 07540253 Charily Reg No.. 1152770 SHAFTESBURY PARK Page- 10 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2025 ACCOUNTING POLICIES (a) Basls of Accountlng The financial statements have been prepared in accordance wilh Accounting and Reporting by Charilies.. statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland {FRS 102) leffecllve 1 January 20151 (Charities SORP (FRS 102}}, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Shaftesbury Park meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or Iransaclion value unless otherwise stated in the relevant accounting policy notes. (b) Income Recognition All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy and that it is probable that the income will be received. (c) Expenditure Recognltion Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of Ihe obligation can be measured reliably. All expenditure is accounted for on an accruals basis. (d} Tanglble Flxed Assets The Ground in the course of construction is valued at the lower of cost and net realisable value. Costs comprises materials. direct labour and direct development expenditure. Other tangible fixed assets are staled at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on Ihe following bas6S'. Fixtures, Fittings and Equipment 200h straight Ilne INVESTMENT INCOME All of the charity's investment income of £5.044 12024 £1,168) arises from money held in interest bearing bank accounls. CHARITABLE EXPENSES 2025 2024 Irrecoverable VAT Rates and Water Insuran Bank Charges Miscellaneous Expenses Accountancy Professional Fees Depreciation Donations -2,468 1,698 -3,705 1,191 171 34 450 185 13 425 750 1,316 £115 £175
Co Reg No.. 07540253 Charlty Reg No.. 1152770 SHAFTESBURY PARK Page- 11 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2025 FUNDRAISING COSTS 2025 2024 Fundraising £0 £0 TANGIBLE FIXED ASSETS Flxtures, Fittlngs and Equipment Sporting Complex Total Cost As at 01 July 2024 Additions 8,069,369 60,149 8,129,518 As at 30 June 2025 £8,069,369 £60,149 £8,129,518 Dopre¢latlon As at 01 July 2024 Charge for the year 60,149 60,149 As at 30 June 2025 £0 £60,149 £60,149 Net Book Value As at 30 June 2024 £8,069,369 £0 £8,069,369 As at 30 June 2025 £8.069,369 £0 £8,069,369 INVESTMENTS 2025 2024 Shares in Group Undertakings £1 £1 The Charity owns 1 OOQ/o of the ordinary share capital of Dings Crusaders RFC Ltd. DEBTORS 2025 2024 lllcome Receivable Inter Company Account other Debtors 200,961 2,366 173,905 1,158 £203,327 £175,063 CREDITORS 2025 2024 Deferred Income Accruals 937 425 450 £450 £1,362
Co Reg No.. 07540253 Charity Reg No.. 1152770 SHAFTESBURY PARK Page- 12 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2025 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestrlcted Fixed Assets Current Assets Current Liabilities 8,069,370 449,123 -450 £8,518,043 10 RESERVES At 01.07.24 Income Expenditure At 30.06.2025 General Reseryes general funds designated funds 8,434,584 83,344 115 8,518,043 £8,434.584 £83,344 £115 £8,518,043 11 TRUSTEES REMUNERATION AND RELATED PARTY TRANSACTIONS During the year, donations totalling £77,363 {2024 - £55.626) were received from the charity's subsidiary, Dings Crusaders RFG Ltd. No members of the board of Iruslees received any remuneration during the year. No trustees or other person related to the charity had any personal interest in any contract or transaction entered into by Ihe charity during the year {2024 - Nil). 12 NET INCOMING RESOURCES 2025 2024 Nel Incoming Resources is stated after charging.. Depreciation of owned Fixed Assets Independent Examiners Fee 1,317 425 450 13 Re¢on¢lllatlon of net movemont$ In funds to net cash flow from operatlng actlvlties 2025 2024 Nel Movement in funds Depreciation on fixed assets Less interest received Decrease (increase) in debtors Increase (decrease) in creditors 83,459 56,931 1,317 -1.168 -18,338 962 -5,044 -28,264 -912 Net cash used In operatlng actlvltles £49,239 £39,704