## **Pirate Fitness CIO** 

Registered Charity No 1154471 

## **Trustees Report for 2023** 

Trustees: Duncan Wood (Chairman) Matthew Duffin Peter Bradley 

The charity was created in November 2013. Its aim is outlined below in the constitution. The board of Trustees is a selection of the members who are also regular users of the club. The Trustees also have professional skills which can be utilised to maximise the efficiency and professionalism of the club. 

2022 was a challenging year with the gym experiencing poor attendance compared to pre pandemic.  This was due to increased competition from gyms locally, residual concerns regarding infection from Covid 19 and changing lifestyle habits as a result of the lock downs during the pandemic. In 2023, the Trustees made the decision to make big changes to the premises and staffing structure.  This was essential to reduce costs and to enable the gym to continue operating. 

In 2023, the following changes were made: 

The Studio was handed back to the landlord to reduce rental costs.  Consequently group exercise classes stopped, and this also reduced costs significantly, as these classes had never been profitable. 

All the studio equipment was sold, along with some little used gym equipment.  This raised funds towards the refurbishment works on the changing rooms. 

The changing rooms were reduced in size and re-modelled.  The old male changing rooms were demolished and the space used for a new exercise area.  New flooring and lighting were installed to give the gym a bright new feel. 

A new unisex luxury shower and changing cubicle was installed, as the old showers were dated and leaking through to the downstairs properties.  It is planned to install two further cubicles when funds allow. 

Most of the staff were made redundant, and the gym is now unmanned most of the day.  CCTV with 24-hour remote monitoring has been installed.  The existing membership software has been used to provide the access control system.  This change has resulted in a considerable reduction in staffing costs, but with no effect on membership levels. 



## **Pirate Fitness C.I.O. Constitution** 

The promotion of community participation in healthy recreation, for the benefit of the residents of Witney and the surrounding area, by the provision and maintenance of facilities for sports, exercise and fitness training. 

## **Our Charitable Objectives:** 

- To provide exercise and fitness training with its health and social benefits to the inhabitants of Witney and surrounding areas. 

- To promote physical activity. 

- To offer various services to help members meet their fitness, health and wellness goals. 

- To offer various services to help members remain focussed and motivated. 

- To maintain the facilities 

## **Summary:** 

The long term aims for Pirate Fitness remain unchanged and these are to not only ensure that the equipment is accessible and user friendly, but that the facilities are affordable and appealing for all partakers whether they are young, old or simply a little mature and to promote personal goals ranging from a desire to improve health, maintain fitness or to achieve specific personal fitness or sports targets. All demographic groups too where possible are catered for from residents, the disciplined gym users or casual participants. 

This has been achieved in the following ways: 

Fixed membership prices with no increase, despite increases in overheads, to maintain accessibility and affordability for all.  Members also are not under contract for any length of time to allow flexibility. 

Access at highly reduced cost on Sundays, to enable people to use the gym who could not otherwise afford it. 

Allowing carers/personal assistants to accompany their clients free of charge 



Charity Number 1154471
Pirate Fitness CIO
Report and Financial Statements
31st December 2023

CHARITY COMMISSION
FOR ENGLAND ANO WALES
Independent examlnerfs report on the account$
Section A
Independent Exatninerfs Report
Report to tho tru8t•MI
m•mbws 01
Pirate Filness CIO
On accounts lor the
•nded
31° Decen**r 2023
Charity Numb•r'.
1154471
sat PA9
2to46
I report to the trusthes my ofthfr {Ih@ Trugl'lforlha endbd
31" Dfrc¢mb•r 2023.
ReApon•1￿lItI•$ •nd baslB As the charitys aig le¥A￿ls￿le the rKwor8tw 8(¥wl$ In ocoydance *iih ihe
ol roport
requirerneDt3 of the Ch3iithry5 2011 llhe Acri.
I rerx)rt in rfjstrft ol My0x￿1￿1￿ of the Tru¥.$ w￿$t¥￿ed Undfyrtsfyu￿ 145 ofthe 2011 A¢1 and In
cffjiry vth myewinJlw. I hD¥e a#the4F4ublg ￿ra￿til￿&91WOn bythe Charity CL)rnmi55lDD Under
lion 14515Mbiof Ih8 ALt.
Imd•p•nd•nt •x&mlh•rf• Thfy charitys gro•• É29).COJ and l ojalffigd to undgrt8k* gx•min•llon by Wng 8
I have comrAeted rny examinalion. I confirrn that no matenal matters C4yno lo my Bttenlion In conTr￿￿On
%4lh Iho (Ollw Ihah th•l¢ja&)￿ bakny'l **yth oryès me ¢auso 10 beiitvo thJi ￿, 8ny maitr181
8c¢wnts tr* 8ppW¢8blo wuir8m8nis ¢w¢•mlno th8 fonm 8nd ¢wioni of
Coun￿ s* In the Charilies (￿15 Rwmsl ReOLlalKns 2008 oih2r than ￿Y requirement
Ihat the 8¢¢oJnts we 8.tyuo 8nd not 8 m8n8r¢th)s￿￿￿ •$ p8rt of8n indep•ndgni
exBminalkin.
I h•v8 w ¢o)¢8m$ and r#) th m•itW8 in tho ex8rnin81o1 10
tteTrI￿n st￿￿Jk￿ rewl In ¢xdEr to olthe accounta io bo
Slgn•d..
101h Orl(*er 2024
.' Adnan Eclvfards
R•l•v•nt prof•i$l¢)nal
gwllli¢•tlpnlBI or ty0￿ IM
FCCA
2 Meadow Court. Stie
Witngy. 0￿¢¥￿5h1rQ
OX28 6EFI
Only COMp￿te If the exarminer needs io highlght maierial matters of coDcem (see CC32. Indepe￿en￿ exafflinaiion of charity
?¢rounls" dirodions ￿ld0￿Ce fDrpx3mirys.
P￿se read Section C, Note 26 a￿ut ihe Im￿1 ol COVKI 19and tt)e 0[￿Ing ofa n*¥Gym in Wrtney. The accounts have been
pr&p4rfjd undgr Hislorical Co¥t ¢￿V￿￿t￿. Fwl thFts BtKth of£4,YK) prg on thp Shprf
The value oflhis ￿Ulp￿ent Lw rflhe Charity haj to c*>se. Tr Charity r￿￿S on the ￿￿tInued SUP￿ of 115
landk)rd.

CHARITY COMMISSION
FOR ENGLAND AND WALES
Pirate Fitness CIO
Charity
Numb8r'.
1154471
Annual accounts for the
eriod
pen￿ end
dale
Pen¢yJ $18rt dait
0110112023
To
3111212023
Section A
Statement of financial activities
Reslrlcted
In¢ome
lunds
Re¢ommended ¢alegorle$ by
actlvlty
Unr•$¢rl¢t¢d
nds
Endowm•nt
funds
Prlor year
funds
Total funds
Incomlng resources (Noto 31
F01
F02
F03
F04
F05
Incomè and endowrnenti from=
Donations and legaC￿S
Chgritable actiwb6S
S01
hertradry acit¥ltl68
Inv8slm8nls
137,085
137,085
190,358
Separete rnaterial itemol IrKu
Other
Tot•1
Resources expended (Note 6)
Exp•ndltur• on..
$07
137,085
137,085
190,358
160,388
160,388
189,216
ChBrbteble xt1￿1
S8p8r8tt m6iw$l rtomd•xw
OlhAr
sio
S11
Total
S12
160.388
160 388
189.216
N•t In¢om•ll•xp•ndltur•l b•f¢re Inv•$tm•nt
galnsllloss981
S13
23.303
23.303
1.142
gain$llthSeyI oh InveyimBnt$
S14
N•t Incom•ll8XP8ndltur•l
Extraordlnary Items
Transfers between funds
Other re¢ognlsed galn8lllosses}:
S1S
23,303
23,303
1.142
sie
S17
GBin$ los$èsiJn tsvaluaiionof fixed #s￿LI1c￿lhD chArbVsca￿ u
OlhergBinslllosseBI
Net movement in funds
si8
S19
S20
23.303
23,303
1,142
Reconciliation of funds.-
Total lund5 brought foMArd
Total funds carried folward
$21
43.339
66,642
43.339
66,642
44.481
43,339
S22

Section B
Balance sheet
Restrlded
Income
funds
Unrestrlcted
fvnds
Endowment Totsl thls
fund$
year
Total last
year
Fixed assets
Intangible assets
Tangiblg a$$gt$
Herltage assèts
Investments
F01
F02
F03
F04
F05
{Note 15)
INolg 14}
{Note 16)
INote 171
Total fixed assets
4,500
4,500
13.620
4.500
4,500
13,620
Current assets
stocks
{Note 18)
Debtors
INote 19)
Investments
(Note 17.41
Cash at bank and In hand (Note 241
Total current assets
262
262
14.350
14,386
B10
CredStors: amounts falllng due wlthln
one year
(Note 201
Bll
81,107
81,107
71,345
Net current •ssets/(Ilabllltles)
B12
71,14
56,959
Total •s$ets less current 11obllllles
Bl3
43,339
Cr8dltors: amounts lalllng due after
one year
Note 20)
Provlslons for Ilabllltles
B14
815
Total net assets or liabilities
B16
66,642
66,642
43,339
Funds of the Charity
Endowment funds (Noto 27)
Rg$trl¢tad Incomg funds (Note 271
Unrestricted funds
Revaluation rèserve
B17
B18
B19
66,642
66,642
1,142
B2
Totsl funds
B21
1,142
Signed by one or two trustees on behalf of all
the trustees
Date of
approval
ddlmml
Signature
Print Name

Section C
Notos to the accounts
Note 1
Basls of preparaUon
Thls sectktn shouldbe completedby all Charllles.
1.1 Basis of aecountlng
These accounts have been prepared un¢Jer ihe hiskncal cost corwenbon with item5 recognised at C05t or
Iransa¢tion value unless 1)the￿ISe stated in the r*vani nolel$l to Ihese ac¢iJunts.
Th8 ac￿nts have been Pfepared in aC£ordan￿ ￿th".
the SlatÈmènt of Rec*mm8nded Practs"rA." Arxthnting and ReKK>rting by Charib8s
preparing their accounts in accordance with the Financial Reporting St8nd8rd
applicable in Ihe UK and Repubknc of Irejatsd IFRS 1021 issued on 16 July 2014
and with"
and wlh.
the Financial RepL¥ting Standard ap￿ICable in the UThited King￿rn and Republic of
Ireland IFRS 1021
8nd with the Charities Act 2011.
Thè Charity eonsts'tutès a puNic bèn•fil •nbtyas dafined ty
FRS 102..
-Tlck aj appropriat•
1.2 Going concern
Ilih•r¢ •r• m•t•rl•l vn¢¢rt•lntit$ r•l•t¢d to •vort1$ or¢ondlllort$ th•1 ¢•$t$lqnMl¢•ntd04Jbt th•
¢h•rtty$ •blllty Its ¢Ollllnu• •$ 4 golng ¢on¢•m, pl••s• provld• th• lollowlno do1•11s or$t•t• "Not
•ppll¢•bl•", M•pprowl•t•.'
An explanallon as lo those fadors thai
support the condusion that th8 ch￿lty 15
going concern..
The chanty I￿$ bodly 8Me¢ied by COVKI 19 8nd lumover in the
ye8r e nded 31st December 2023 has still not retumed lo axpected
18V815.
A Bounce Back Loan ol £50,000 was taken out and US￿ to fund
cash Ilow.
Disclosure of any uncertatnties that mak8 Ihe
going assumplion doublful..
Wh8re aCc￿jnts are not prepared on a goir¥J
¢oncem basis, please disdose this tsct
together with the basis on ¥vhich the tru$lee$
prepared the accounts and the reason why
Ihe charity is not regarded a5 a going
cOn￿M.
Dèsplts thè difficuldo$ caused by Covld 19 the fru$tee$ 8
hopefvl that Iho ¢harity wlll ¢ontirtuo oper4tlnp.
1.3 Chango of aecounting policy
The accounts present a true and fair view and the ae¢ounting politses adopt￿ those ouuinad in note { l.
Y8S'
..T￿ as apyor￿ate
Ple4se disclose."
(IJ the nalurp of the change in accounlingpolicyi
Nol Apk4i¢*Ue
{11) the reasons why apptylrtg ihè new accountingpollcy
provyde$ MO￿ reliable arjd MO￿ ￿leVan*1nft)M18D0￿.'
and
Not A￿1¢0￿1¢

(Ill) the amount of the 8dJu$knent fore•ch Ilne affected
Ihe currentperlod. each prl0rpertodp￿$eftiéd and
the oggregote amount olthe édjustmentrelatirtg to
petlod$ before tltro$è presented. 3.44 FRS 102 SORP.
1.4 Changes to accountlng estSmates
No Changes lo aGcountlng eS￿M8￿$ have o¢wrred in the perk)d13.46 FRS 102 SORPI.
Y8S'
No.
".Tit as apwowate
P18ase dlsclos8.'
(l) thè nature of any ehanges..
Not Appfv¢8￿8
(li) the eff8Ct of the change on income andexpense or
assets and 118bllities for the cuThentperlod.- and
(Illj where practicable. the effectolthe change in one or
more future periods.
Noi Wi¢4ble
Not Applcatrkn
1.5 Materlal prlor yoor •rror•
No rn818rial prioryear e￿or have b88n id8Thtffied in th8 reporting perbJd13.47 FRS 102 SORPI.
Yes"
'.TK* as awopnate
Pl••s• dl$¢los•.'
{lJ th8 n8lur8 olth8 prlorp•flod•rmr.
Not Applcab10
{IlJ loreach prlorperlodpresented In the 8ccounl4 th8
8mount of the cornectlon lor•8ch ￿CoUnt Iln• Item
affect•d,' and
(111) the 8mount ofthe coffecdon at th• beglnnlng olthe
8arlhsl prlorperlodprns•nt8d In th8 accounts.
Nol Appl¢4L4e

Section C
Notes to the accounts
Note 2
Accounting policios
P1&as&crwYwl8t8trus￿ttr unthrFR*a102. ￿￿￿13s￿￿RsA03
ple￿￿1¢d, apth
2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING
PRACTICE
Pl•aÉè yo￿dI a d•s¢rfWlon
af lh• nalur• of•ach chw
In4GGourrting policy
N¢XAppl*abl•
stsrtol
End al
Fund baloncMa•
r•ii•i•d
N•1 Incorn•ll•xyndllur•l•
Adlu6*m*nM.'
pr¥￿￿u• P￿•d n•ikn¢W•xpwthw•l

Note 2
2.2 INCOME
counting polb¢i&S
Th￿$¢￿￿1￿r￿l￿i0IaCL(￿trwpo11￿haSbsen apP￿tyth9 chartyeXLWRwfw t￿￿￿.1￿"￿0". Wh9rg a
thffereni or8ddr1ionsl￿rtY bè$ been8doptedthen tthsis (he trt>x
R•cogn￿On of incom•
Tr￿ 8tein¢Iud￿ ￿ Ihe Sta1￿1*￿t￿ ISoFAl*lw).
Yes
ND
Nla
ND
Nlo
OIts*￿ng
pgmimed bythèFRS 102 SORPorFRS 102.
Yes
No
rth•¥• rf1&10 ko5.12 FRS11Y2SORPI.
Yes
No
tyIIy O¢OJfswtsDthopgfvThox¢ rela￿ ¥em￿ls.16 FRS 102 SORP
L•gocl••
ND
Ye5
No
Oo¥•mrn•ntqr•th•
Aid Tg¢gNaWei¥
T•¥ r•cknlrn¥w
No
ty•aied a8 anJJdilW to wefLknJ as tha
Cohtri¢w41 Iheom•4hd TNS hontykndLthdiTrth•SoFA
No
No
Donot•d goodb
Tha cost of•ny 5)xk LI￿*•j bwend•les tsdaemed)>b
the lai Ydue c4 1hosègh￿atth8 on tewo.
Yes
Nts
Nia
other rX(Y￿afj¢ In thg bglw
Yes
Nts
No
No
DonBt•d •ThO
No
Yes
No
the SOF
No
Nla
8upport¢Mt•
Yes
No
Volunlgw hdp
in ihg reri
Income Intere6t.
royalV•s and dl¥ldend$
No
Nla
sutEd ￿Vatty.
Ye5
No
sub5¢rlpt￿Th$
No

No
Wa
8otUemgntof
C1￿mB
tre rnel15.10 105.12 FRS102SORPI awjl￿1￿jEd￿S an ol¢Aher
in the SOFA
Yes
ND
Nta
105sqs
ar.
2.3 EXPENDITURE AND LIABILITIES
LlabilltyrorognitvJ
ND
OBts
GovÈmèrth
ND
by or pw¢aMa. siaff ci*is byhirLW.
No
Orants &￿th
ondttbws
wh¢￿the th•7tygve8 tryns P*￿￿lb￿l aspx¥ficl*4* c
e¢Wwi d Ihègiarthas WOvhJedthespeoW serytsorwi.
Giant•
Whwotheie ¥0 iotr*wani thai wat40s tha
No
R•dun￿￿YmSt
No
D•l•rr•d In￿mI
Ye5
No
No
dscour
Provl•lon•for 11th1￿ me6sured atthÈbos1 to WUl•thJ c*4g￿￿OI￿fr
rewrtity date
Yes
Nts
Bo•lc nnond41
Inilwrn•nl•
No
Pkr4Oièkth 11.7 FRSIWI SCW. 11.17
10 11 1>. FRS102$0RP.
2.4 ASSETS
2th)
byth•rlty
T￿Y¥0¥*L￿all (¢11.
No
Intsr4t4b flx￿ ***•ts Tho c*ortyhBs Int8Wb￿fimO 8Sset*. thBti*. ho¥e
Yes
Nts
Tneywev&L*d ol (ul.
H•rW u••
Yes
Nts
mAini3in•J prknopdtylrythwr￿ir￿WJlknlj kro4èJp8￿￿￿liL￿. Tr¢dew•Yo1kn
tesand mètWsL*&I •*ththedwl ￿ 9.6.1.4.
No
Nla
Irhw4slrnwts
vokjeo Biinrfwiy* ¢491 gJbseyrtyai ts*v**lLhwmtheiV￿Lelth ihe
. T￿ Samts￿￿Ment is
mrya5ut￿ In*fithCa5e * 1$ mtrayAThJ*t(*&5tkn Imwmw
Yes
No
Nla
No
Nla
siock8 And WO￿ In
￿0g￿
Yes
ND
Yes
No
Yes
ND
No
Nla
DBbtorJ

The chorfty￿5 has fryres*(Y thwrs* and cash and c*h
equ￿&￿i$￿7th a rn*Jrity￿te kss than Ttr*e indlth c￿ fAsh
Curr•nt as9•1 irDfflslrTrpnts
No
Nl

Section C
Notes to the accounts
Iconti
Notè 3
Jlalysls of Income
Tola Prhyyoar
Donatlon$
and legacies..
Donations and ifts
Gift Aid
acies
￿￿￿ra1 grants provid￿ by governmenvrlher
charili
Membèrship subscriptions and srKwrships
which ar8 in subsianca donal1￿)8
25.941
123.375
123.375
176.511
Donated wds, facilit￿5 atvj 5enrices
Other
13.710
137.085
13,710
137.085
61.841
1￿.358
Total
Char￿¥bIe
Other
Total
Othqr tradlng
Other
Toial
In￿* from
InvgBlmentB'.
Inieresi Incomtr
Dividend Incom
Rental and leasi
Other
Incom&
Tol•l
S•parat
m•t•vlal It•m
of Incom•'.
Totsl
oth•r'.
Converslon ofendowThonl fuTh15 Inlo irKrrne
GBin on disposal 018 laryitAe fi￿ os¥el hdd
lor chadl
'8 ewn use
G81n on disposal 018 rela
Invesbrenl
Royalties from the exphy¢8l￿n r4 Inlelwual
ro
hls
Other
Totsl
TOTAL INCOME
OthDr SnforrnJllon'
JI Incorn• In thB prlory•ar wJ$ unrqstrfthd exupt Iw.
I￿*4$* provldt dgscrfptlon and amountsi
Ythere anyendtywmentfund Is conTrM¢ed Inlo In¢ome Inthe
r•portin9 p•fiod, pl•a** giv•th• r•a$othfor th• eOthv•rrith.
ere anyendowrnentfund Is converted Inlo In¢ome Inthe
prfor perlod, p*aseglvethe rea$on for the cotweyslon.
thin the in¢Orno itqm# abovq thwfolowing iteml 4r
matsrial.. Iplea$• d•s¢10se IhB nawro. ￿￿nI and aTrywlor
year amounts?

Section C
Notes io the a¢counis
Icontl
NotÈ4
Anatysls of recelpts of govemment grants
This year
Descri
Government grant 1
Governrnent grant 2
Government grant 3
Other
Totsl
Last y•ar
Descrl lon
Gc*vemm•nt grant 1
Government grant 2
Gts¥¢mm¢nt orant 3
Other
Totsl
Last
ar
Pl••s• proYld• d•t•lls ol•ny
unluM1118d condltlons and 0th8r
conllnyencles 8ttachiny to grnnts
tlJ•t hove been r•¢ogntsod In In¢om•.
Thls
ar
La•t
ar
pl￿Se glvo det811s olotherlorn7s of
kiov•rnme*Trt •s$lston¢¢ from whl¢h
th• ¢harlty has dlr•ctly b￿011t•d.
12

Section C
Notes to the accounts
Icontl
Note 5
Donated goods. facilities and services
This year
Last year
Seconded staff
Use of property
Other
Thls year
Last
ar
Pl•as8 provlde detalls of tho
accountlng pollcy for the recognltlon
and valuation of donated good5.
faellltl•s and ￿1VIC&S.
Please provide details of any
unfulfilled conditions and other
eontlngencl*s attachlng to resourcos
from donat?d goods and services not
r¢¢ognlstd In Incom•.
Pl•as• ylv• d•tsll8 ol oth•r lom)8 01
other donated goods and servlc•s not
eognlsed In the aceountsi eg
contrlbutlon of unpald volunt••rs.
13

Section C
Notes lo the accoun15
Note 6
Analysi6 of expendbtu
Th65
La51
fund&
Ex
endiiure on ralsln
lunds=
Incurred seekitu donations
In¢uffed seekiry kgaoes
Incurred gtsnL5
opera￿n9 mernbeiship sc*em6s
so¢1* lotterie5
Stagiry fundraising 8vents
Operaung charity shops
Operabng a tr&ding
undÈrtAkin0 ￿￿tha￿l&b￿ ti#dty
Advertising. Marke￿￿. dY•clnwl and
StArt up costy IncuNèd Ins￿018￿r
new souicfrol tuture incr#rAry
Oatabase dovd(ym*nt toyts
1eo.JB8
IfK).388
Invo5tNnt managerneni cNIi.'
Pvrtfolio man
eThwnl c0515
Cost ol ¢*W￿1ng Inv*stn*nt
In¥oulm8nl wJmlni*8bm cos15
Inwiiectual prcwty costs
Rent colkction, wowny aThJ
rn&ntenwctch
Total •xp•nd6tur• r4l•lnB lund•
1VL).3e8
1VKJ.
Exp•ndlknM on thrlt*4**di¥ttl
Total •xp•ndltuf• Ch￿l￿bI•
Bo
aiats moi•rfal tt•m of •x
Total
Othw
Total oth•r •Ap•ndltsr•
TOTNL EXPE14DITURE
160JB
IK).38U
Othwlnformalfjon..
knalyg19 of •xp•ndttuf• ¢N) ¢haiii*bl•
Th1$ year
Last ye
Tot4lhL4
fundin9 pf
Totsi Llst

Section C
Notes to the accounts
Icontl
Nota 7
Extraordinary items
Please explain the nature of each extraordinary item occurTing in the period.
Thls year
Last year
Do$¢rlptlon
Extraordlnary ltsm 1
Not APPI￿able
Extraordlnary It•m 2
Extraordlnary Item 3
Extraordlnary Item 4
Total exirordinary ltsms
15

Section C
Note5 to the accounts
Nots8
Funds received as agent
16

Section C
Notes to the accounts
Note 9
Support Costs
Please eomplete thls note if tho charltyhas analys•d Its •xp•ns•s uslng aetmty
categories and has support costs.
Thls y•ar
Support ¢ost
exam
185
Ralsln
fund8
Actlvl
Adlvl
Grand totsl
B8818 of allocatlon
(Descrlbtr mèthod)
Govemanee
Other
Totsl
Last y•ar
Support eost
exam
les
Ral¥ln
funds
Acllvl
Grand tolal
Basis of all￿atIon
ID8scrlb8 method)
Govemance
Other
Total
Pleaseprovlde detalls of the accountlng pollcy
8dopt8d for th• 8PPOrtionmgnt of eosts b•fyrt•n
octlvltle$ and any estlm8¢k•n tschnlques used lo
calculat6 thelr apportlonmont.
17

Section C
Notes to the accounts
Note 10
Details of ¢ertain items of expenditure
10.1 Fees for exarnination of the accounts
Pl8•50 pmvide details of thè amountpaid for •ny statutoryext8rnal scwtiny ol
accounts and other servi¢es pmvided by your independent examiner. If nothing
was paid please enter 17. in the appropriate box{es).
Thls year
Last year
Ind8p8ndent examlnerfs 1885
729
720
Assurance services other than audit or independent e¥aminatioo
Tax advlsory f8•8
O¢hgr (for oxampl?.. financial ad%ryc•. consullancy. accountsncy ¥•Mce$l paid
to tho Independent oxarnlnor
18

Section C
Note5 to the accounts
Icontl
Note11
Paid employees
Please complete this note rf the charity has any employees.
11.1 Staff Costs
Th5s year
Last year
Salarles and wages
Soclal securfty costs
Pension costs (defined Contrlbutlon scheme)
Other 8mployee benefits
55.454
68,658
1,031
1,115
Totsl stsff costs
56.485
69.773
This year:
Please provlde detalls of expendlture on staff worklng for the
harity whose contracts are with and are paid by a related party
Last year..
Please provide details of expenditure on staff working for the
charlty whos8 contracts are wlth and are pald by a related party
Please glve detalls ol the number of employees whose total employ6e ben6flts (excludlng employer
pension costs) fell within 9o¢h band of £10,000 from £60,000 upwards. If there are no such transactlon$,
please enter Yrue. In the box provlded.
No •mployo08 ro¢olvod emplo￿* b•noflts l•x¢ludlng •mployor
penslon costs) for the reportlng perlod of more than £60,000
Band
Number of em
Thls ygar
lo
es
Last ygar
£60,000 to £69,999
£70,000 to £79,999
£80,000 to £89,999
£90,000 to £99,999
£100,000 to £109.999
This ear
Last
ear
Please provide the total amount paid to key management
personnel (includes trustees and senior managemenll for their
servlces to the charity. For specific amounts paid to trustees.
See Note 28.
19

11.2 Averagg hgad count in the year
This year
Number
Last year
Number
Tha parts of tha charity in which the
employees work
Total
11.3 ExqratSa payments to employees and others (excluding trustees)
Please complete If an ex-gratla payment Is made.
Please explaln the nature of the
paymènt
This year
Last year
PIBaso state the IBgal authority or
reason for making the payment
Thls year
Last yoar
Thls year
Last year
Plga$g State the amount of thg payment {or value of any walver of
a rlght to an asset)
20

11.4 Redundancy payments
Please complete if any redundancy or tern7ination payment is made in the period.
This year
Last year
Totsl amount of payment
The nature of the payment (cash, asset
etc.)
This year
Last year
Tho extent of redundancy funding at the balance sheet date
Please state the accountlng poll¢y for any redundancy or
termlnatlon payments
21

Section C
Notes to the accounts
Icontl
Note 12
Deflned Contrlbutlon penslon scheme or defined benefit scheme a¢¢ounted for as a
deflned contrlbutlon s¢h¢me.
12.1 Plegse complete thls note rf8 defined Mnlnbutlon penslon scheme is operaled.
Thls year
Last year
Amount of contributions recognised in the SOFA as an exponse
1.031
1,115
Please explaln the basls lor allocatlng t￿ Ilablllty and expense of
drfined contribution pgn$ion scheme ￿tWeen activities and
betWo8n r8strlct8d and unrestricted funds.
All controbutlons are
included to unre$tricted
lunds. There are no
employees pald from
Rostr1￿0￿ Fund•
I contrlbutlons are
included to
unr8Strlcted funds.
There are no
mploye88 paid from
Rèstrfjetèd Funds
12.2 Pl••s• compl•t• thls s8ctlon wh8rn th• charity Partlelp•t•$ In 4 d•lln•d b•n•fftp•nslon pl•n but Is unablè to
98￿rtOIn Its share of the underfylng •￿ets and Ilabllltles.
Plea8• confirm that although the
¥ch?m¢ is a¢countgd for as a d?fin?d
eontrlbutlon plan, It18 a d•fin•d b•n•llt
plan.
Pl•a8• provld• such Inlomiatlon as Is
avallable about the plon'8 surplus or
deficlt and the Impllcatlons. 11 any. for
th• reportlng charlty for th1• y•ar and
last year, If dlfferent
12.3 Pl••s• Completè thls sectlon wherè th• charityP•rticlp•t•$ ift 4 mutsith•mploy•r d•ftned b•n•flt p•nslon pl•n
Iho1 Is accounted for ?$ a defined contrlbution plan.
Descrlbe the exten¢ to whlch the charlty
can be liable to the plan for other
antitl•s' obllgations und•r th• t•rnis
and condltlons of the muttl*mployer
plan. If this is different for last year.
provlde delalls
Provide an explanation of how any
Ilablllty arlslng from an agreement wlth
a multi*mployer plan to fund a defici¢
has bt•n dtt•miined. If this is diff•ront
for last year, provlde detalls

Section C
Notes to the accounts
(conti
Note 13
Grantmaklng
Pleasè complele thls *pote Mthe chanTty made ordonollons whlch In 89gregate ffomi * materf•lpartolthe
¢haritsble a¢twitie$ urtdertoken.
Thls year-
13.1 knatysis of grants paid lincluded in c05t of charrtable activities)
Grants to
Instltutlons
J)alyBI6
Grants to IndI￿dUal8
Support costs
Total
AGtivi
or
ro
or
or
ec13
or
ect4
Tot•1
Pl•as• •nt•r'NlI" Ifih• ¢h•rtty do•$ notld•ntlfy •nd/or•llo¢•t• $upport¢osts.
13.2 Gronts mad• to In•Vtutlon•
Plo•$0 provld•
d•t•ll$ of ¢h•rlty
URL.
My charlty has made grants to partkular Instltutk*ns th8t•re materlol In the
¢ontsxt ollts gr8ntmaklng. D•t811s olih8 Institutlon support6d, purposo of tho
gr•nt Ind toialp•ld to M¢h Inst11￿l￿n Is *v•ll*bh on lh• ¢h*rfty* wob ￿¢•.
Y•8
Pn7vld8 det811s
Nam•• ol In•iiiuUon
Purpo••
Totsl amount of
rants ald £
Totalgrants ¢0 instilIitions in reportitwperlod
Other unanalys8d grants
roTAL GRANTS PAIO

Last year:
13.3 Analysls of grants pald Ilncluded In cost of charrtable acthftlesl
Grants to
Institutions
AJ)alysls
Grants to Indknduals
SupF>tsrt tosts
A¢livily or proiecl 1
Activity or project 2
Aciivlly or prola¢i 3
Athvity or project 4
Tot81
Please entsr"Nil- if the charity does notidentify andlorallocatfr SUPPOrtcosts.
13.4 Grants mado to Institu￿0￿%
Pl¢os¢provld¢
deta115 of charlty
URL.
My ¢h•rlty has m•d8 #r•trJr$ to p•rtkul•r Insiitutlort$ Ih•t•r* m•tetrl•l In th•
contextollts grantmakln9. Detai15 ollhe in5tllubon supportod, puTr05e of tho
grant and totalpaid lo each instilution is available on the charity s web site.
Y•$
Pmvldo det•lls
below
Nam0• ol In•tl¢utlon
Purptr8•
Totsl amount of
r•nts ald £
Totalgrants lo In5tllutlons In reportlngporfod
Olh8r unanaly58d grnnts
TOTAL GRAPITS PAID
24

Section C
Notes io the accounts
Icontl
Note14
Tanglble fixed assets
Please complete thi5 note rfthe charty h45 ?ny tangible fix8dassets
14.1 Cost orv8lu8tlon
Fr•ehold land &
buildin95
Other land &
t¥Jildings
Plant,
fflachinery
Fixlure5, fittings
and equipmerbt
Ttstsl
Vohl¢lo$
At the b8ginning of the year
Additions
59,737
372
59,737
372
Revaluations
Disposals
Tffjn$fers'
17.628
17,628
Al 8nd of th8 y88r
42,481
42,481
14.2 D•pr•¢latlon •nd Imp•lmi•nl$
Reducing Balance
Reducing Balance
25%
25U
At beginning of the year
Dlspo$al$
46.117
46,117
11,132
11,132
Depreciats'on
2.996
2,996
Impalm18nl
Tr8nsfers'
Al and of th8 y88r
37,981
37,981
14.3 Not book valu•
Nel book value al Ihe beginning of Ihe year
13,620
13,620
Nel book value 81 the end of the ￿ar
4,500
4,500

14.4 Impairment
Th1$ ￿r." Please pmvide a de$¢rlpiion ofthe awl¢lr¢um$trn¢es thai
led to the recognilion orre¥er5al of an impai￿ent loss
L8sI year.. Pl88so pmvldo a descrfpllon of rthe events •ndclrcumst&nces Ih8t
led lo the recognlllon orrevers*l of on IMpalM￿ los
14.5 Revaluatlon
If an accounting pollcy of rev8lu8tlon Is 8dopted, ple•s8pmvid•.'
Th16
ear
Last
the effgctive date of the revalualion
tho nam8 of Independent valuor. 118pplkablo
Ihe methods appliedand signlficant assumpkns
lh• ¢arryln9 •moun¢ th*1￿￿1d h•v• b¢•n rn¢0gnls•dh•d th¢ •M¢ts b¢•n
ca￿18d under Ihe cost fft¢thl.
14.6 Other dl•¢lo•ur••
Thls year
Last year
(l) Please stato the •mount olbormwlng costs. Il•nyi ¢•plt•lls•d In lh• ¢on*trn¢tlon ol
t8nglble flxodassets and the capltallsatlon rate used.
(11) Pl•&$• provld• iho amount of contrn¢￿al ¢0mmItm￿ts for th• a¢qutsl¢lon of t•ftglblo
flx•d •$$•t$.
flll) Detalls of the exlstence *nd earrylng amounts of pmperty, pl*ni and
equlpment lo whlch the ch•rlty has restrlcted Iltle or th8t&repledged*s
$e¢urlty for 11oblllth$.
The ?r8nslers"row is lor movements be[￿en fix8dassd c818gories.
'Pl88s& indicate lh8 method oldeprec￿t￿n by deleting Ihe m8th¢￿￿oI apphc8bl8 ISL= str8ighl lino.. R8= raducing b818ncel. Also pl&8se
indic818 lh8 r8te oldepreciaEion.' lor straighl til￿, th8 antswl8dlrfe of the asset (sn ￿rs),' forr&du￿9 b818nc8, vth81 is the
P8rcent8ge ennuel deduction.

Section C
Notes to the accounts
(cont
Note 15
Intangible assets
Please complotg thls not8 If th8 charity has any Intanglble assets
15.1 Cast or valuatlon
Research &
development
Patents ar
tradema￿8
Total
Al beginning of the year
Additions
Disposals
Revaluations
Transfers-
Al end of the year
15.2 Amortisation and impairm•nt5
-Basis
SLorRB
SLorRB
SLorR8
SLofRB
Straight Lino
I"SL"l or
Reducing
Balance
I"R8"1
Rate
At beginning of the year
Dlsposals
Amortisalion
Impaimient
Transfer8.
Al end of year
15.3 Net book value
Nel book value 81 the beglnning
of thg year
Nel book value al the end of the
year
1S.4 Accountlng pollcy
Please dlsclose the accountlng pollcy for Intanglble Ilxed assets Includlng..
Reo$on$ ft*r ¢h¢>osirtg amorti$ation rates
Policies for the recognition of any capital
development
27

15.5 Impalmi•nt
This year..
Please provide a des¢riptign of the events and
circumstances that led to the recognition or reversal of an
Impaimient loss.
Last year..
Please provide a description of the events and
circumstances that 18d to the r8cognition or rnvwsal of an
Impalmignt loss.
15.6 R8valuatlon
If an accountlng pollcy of rnvaluatlon Is adopted, pl•as• pn)vld•.'
Thls year
Last year
tho ¢ffo¢tlv• date of th• r•valuatlon
the nam• of Ind¢pond•nt valu•r. If appll¢ab
the methods appll
th8 carylng amount that would have been rncognlsed
h8d the a$$et$ been ¢arrled under the ¢o$t mtxlel.
15.7 Other dl8¢lo$ures
(l) If your Intanglblo asset w8$ 8¢qulrnd by way of gran¢
provlde v)lue on Inltl41 re¢ognhlon and ¢anylng amount
of the asset.
(11) Dot8lls of tho earrylng amounts of any Intanglblo
&$$¢ts to whl¢h the ¢h4rlty hos restrl¢ted tlde or th•t are
pledged as securlty for Ilabllltles.
(111) Ploase provldo the amount of contractual
commltments lor th• acqulsltlon ollntanglbk assets.
(Iv) State the amount olre$ear¢h and development
expenditure recogni5ed a5 expenditure in the year.
(v) Pl•as• detall th• headlngs In thè SOFA In whlch a
¢h8rge lor amorfrsation of intangible assets is included.
(vl) For any material intangible assets. please provide a
descrlptlon. Its carrylng amount and any remalnlng
amortisation period.
The 'Yransfers" row is formovements between fixed assel categoiies.
' Please indicate the method ofdeprecAation by deleling the melhod not applicable (SL - straight line.. RB-
ducing b818nce). Also please Andic8te Ihe rale ofdepreci81ion.' ft)rstr8ight IAne. what is the 8nticip8led lrfe
of the 85sel (In years)," forreduGing balanGe, what is the peytrntsge annual deduGtrf￿.

Section C
Note5 to the account5
Note 16
Heritage assets
Plea$*¢ompl¢i*thlsiw*ifihè¢barAtyhaslwllOg¢aSS¢ts
Thix >Y4r
lil Explain the nth•Nlsc•lv al
horttagg ass¢ts h¢￿.
1111 Expl￿nt￿O pallcyforth•
8wu16itlon. preservat￿ts.
rnanwm•ni•n4 d1•pO￿
1&2
Totsl
At beolmiro of Iho
dil￿nS
osa
Al end Ott￿￿￿r
1&3 D•pr•cl•¢ion •nd
Slrplpll Ling
I'SL'I c
Reduc4rwJ
Al of Ihe
OopiB¢lalltyi
InyAirmeM
Tr¥oler¥'
AleThYof>
16AN•t bookv*lu•
Nèi book value att￿
Nei value at I￿en￿Oribe
ThIB y•ar
Lo•I￿r
L&gt ye4r

1&7 affhwitry•aM•*s bydam orw0upd￿￿guith1￿gthO￿atcort￿d thox•atvaluation
Totsl
GroupA
dillons
Distylsd
Depr*¢iatiCrtknwhMrt
Thh>*
111 Explth th•
aM•¢¥ h•wJ not b••D r•Mgvl••d
lyr• ol h•rtl•B• •M•ts.
11111 Inforrn•¥w IIKtI•
h•lpful In M••A•lng 01
h•rttpq• ￿••1¥.
I￿) Expl￿￿ th• r•*lOn why 11 l* ￿1
10.9 Pl￿￿•r •urnrn•ryolh•vW•M•i•tywwcUty
2013
2011
2013
2012
GroupA
Grojp 8
G￿￿pe
h•r
Don•Won•
GnyJpA
hw
Total addMon•
Cfv￿ for Imp•lrm•
GroupA
Group 8
Groupc
(Khgr
GryyJpA. ￿lryry amroj
Group B. ¢arry*ry arnfOJ
Groupc
Totsl d15p￿

Not¢ 17
IDvestmEnt ￿$Sets
17.1 Fixel Assets In¥￿tr￿¢Thts WOwdÈfvr¢è¢lbdas* of invesi***)
Lou.. Imp4iiiMnts
d.. RFVONI ullrnwknKnl•
dllthduGtk'
172 Pl••M P￿￿￿• • br•okd¢wn ￿ Inw•th￿nthjh01tsj)•b0W ¥Jlthth• bthc• •h••i rty* e04
dWl•mntl•iiny b•tw•w the￿ h•k* ai Ind thM• lsw*MWL
Thl•y••i'.
An•ty•l•olknhwim•n
C4ih ort4ih •4ufv4hnl*
Llit•d knw•iliii•nti
•ilm•ntyop•n
Socthl kn¥•Alm•nti
1¢¢
Ind1￿ IF4lr¥alu•4ty•v•nObC••tkn•B4Npthn
An•ly•l•of th￿•1M•n
C4ih or¢4sh •4ufv4hn
•1lm•ntyop•rd
l¢A
17J Ifyourch¥ltyholth In￿lIM•￿t￿0P￿rtI•s, f£4￿￿j not•..
111 mrthod¥•nd
d•f•imlnlng 14liv4lu•otknslmDniwopfty
ththty
PTopettyoronthDtEffl*tsncpof

17.4 H•as• pr￿d•4 br•akdown ofcurr•Thtawt th• b￿aTr£• sh
kn¥••linon
h•rlnv•sliii•n
1¢1
17.5 Gu•r4fft1•
17.1 ConGHBloniryknh*
yvr¢
LI￿¥•11£
unl ol¢*inc•m￿Nry1c￿A r￿•￿d¢￿tr
L*•t￿￿r
Prov￿•d
up*1
y•w
•mounlir•C￿VJb￿ l y••i
P4nounl¥r•￿Iy￿kn￿￿lrn￿•lh1Thl yw
17.7 p41dl￿ana1 Infovm*knn
orperfonn4n¢e•9.
orth• uMofh•dqlngto mw*3elNnd•lth
For•1 SnYHtrrrfnl¥m••wMd4tl4lrv4bJe.the
b•¥lsford•t•rmlnln9th•vakn7.
a&suMptknns4pplknd ￿￿￿￿Ing• ¥4bJ•don
rnurfoftr*
financ￿1 Ms•t phdqed ¥5 ¥tturlty ¥ndtr*t•rnis
Id ¢ond1lonsr•￿¢knltOttI p*.

Section C
Notes to the accounts
Icontl
Note 18
Stocks
Please complete this note if the charity holds any stock items
18.1 Pl?a5e state the carrying amount of stock and work in progress onalysed between
actlvStles.
Stwk
Donatsd goods
WorfK In
progre86
For
distrbbution
For resale
For
distribution
For resale
Charitable activities:
Openlng
Addtd In ptsrfod
Expen59d In perlod
Imp8lred
Ck)$lng
other tradlng actlvltles..
Openlng
Addedln perfod
Exp6ns8d In pwlod
Imp•lr•d
CIo8lng
Other..
Openlng
A￿d￿1n p•rlod
Expensed In perlod
Imp•lr
Closlng
Total thls ￿ar
Totalpr¢viou$ year
Thi5 year
Last year
18.2 Plèase specify the Carrying amount of
any stocks pledged as security for liabilities

Section C
Notes to the accounts
Icontl
Note 19
Debtors and prepayments
Please complete thls note If th• ¢harlty ha$ any
debtors orprepayments.
19.1 Analys1$ of debtors
This year
Last year
Trade debtors
262
36
Prepayments and accrued income
Other debtors
262
36
Total
Please complete 19.2 where a material debtoris recovernble more than a yearafter the reporting date.
19.2 Analysls ol dobtors recoverabl• In more than 1 year Ilncluded In debtors above)
Th1$ year
Last y•ar
Trade debtors
Pr8paymènt$ and 4¢¢wed In¢om•
Other d¢btorn
T¢tal

Section C
Notes to the accounts
Icontl
Note 20
Creditors and accruals
Please ¢omplets th1$ note If the ¢harlty has any ¢redllors ora￿rUalS.
20.1 AnalysSs of cr•(litors
Amounts falling due wtthin
one year
This year
Last year
Amounts falling due after
more than one year
This year
Last year
Accruals for grants payable
Bank loans and ov•rdrafts {Boune• Back Loan)
Trade creditors
39,699
41,408
45,654
25.691
Payments recelved on account for contracts or
performancewrnlated grants
Accruals and deferred income
Taxatlon and soclal securfty
Other crodltors
Total
20.2 Deferred Incorne
Please Complete thls note M the Charlty has defeffed Income.
Th1$ ear
Last
oar
Pleas• explaln the rnasons why In¢om• 1$ dfrfer￿.
Mov8mont In deferred Income account
Th1$ year
Last year
Balance at the start of the reporting period
Amounts added In current perfod
Amounts rel•as•d to Incom• from prevlous ￿rIodS
Balance at the end ¢1 the reporting period

Section C
Notes to the accounts
Icontl
Note 21 Provisions for liabilitie5 and charge5
Ple8$e comptsie this note rfyou have irtluded in ¢harty•xw￿hM*¥nyPm￿8l0rt5. AN0￿810￿ Is m8do whon tho charlty
has a li&bilityolurtort¥iii timing oramourtt
21.1 Movem8nts r￿OgnIs￿ pro￿810￿$ andfundlng eommiimeni durfngth• PO￿0d
This year
Last year
Balance at the Start of the reportlng pthod
Amounts added in ¢uThent period
Amount$ charged against the proTrA$ion in ¢urr•ntp¢riod
Unused amounts ￿versed during the period
Balanco at tho end of the reportln9 p8rf(rf1
21.2 Plea88 pro¥lde'.
brl•f d•5CriPtlon of any obllgallonB on th•
bal8nc8 sheot and tho expected amount and ￿mIng of
r•iultlng paym•nt#',
Th18
Last
ar
. arb Indlcatlon of the uncertalntlwa about the amowrt
or tlmln9 of th098 outhow8'. and
. th• 0ffl0unt of aTry •xpfj¢tsd rglfftbyv¥•m•nt, st•tlng
th8 amount of any asset that ha8 b8et) ￿09￿1#$d for
¢h•t •xp•¢t•d r•4mbur¥•rn•nL
Th1• •ar
La•t
ar
21.3 For #ny lundlni ¢ommltrn•n¢ Ih•i l• n¢+i
recognlsed a8 a Ilablllty or provlslon. pro¥fjde dotslls
of ¢ommltmont ffladg, tho tlffle frame ol that
commltmon( any p8rf0rn)anc•-related condfjllom and
d•t•lls of how lh• ¢ommltrnont wlll bo lun¢Jgd Iwlth
Contracts for capltal 8XP8ndlture separato
IdgntWledl.
21.4 Wh•r• unr•$trt¢tod fund¥ havo bo•n d•slgn•¢•d
to a fund commiim8nt, plea8e dlsclo8e the nature ol
any amounti dvalgnated and the Ilkely tlmlng of that
6xpendfjturv.

Section C
Notes to the accounts
Icontl
Notè 22 Othèr disel¢Ysurès for d•btoFs. cr￿ltI)IS and othèr basie financial Instrumènts
Th1$ year
Last year
22.1 Please provlde Infomiatlon about the slgnfjllcance of
financial instruments leg. debtors, creditor5. investments
etcl to the charIt￿8 fflnanclal posltlon or p8rfomi8nce. for
exdmple, the terrn5 and conditions of loans or the use ol
hedglng to manage flnanclal dsk.
22.2 If th8 charlty has provldad flnanclal ass•ts as a fomi of
security, the carrying amount of the financial assets plodggd
86 68curlty and th8 tamis and conltlon8 relatsd to Its phdge
lhould be glven here.
37

Section C
Notes io the accounts
Icontl
Notè 23 Contingent liabilitiès and eontingent assets
23.1 Contingent liabili¢ies
Where the charity has contingent liabilililies. please complete the folknwing section unle55 the possibilty of
theor exlstsnce Is remote.
Th18 year
Description of item including its legal nature. Please
descrlb• any securlty provlded In connectlon to th•
liability.
Estimate of financial offect
Last
ar
Description of item including its legal natuTr. Please
des¢rlb• any s•¢urfty provld¢LI In conn¢￿1￿￿ to th•
liabillty.
Estimate of financlal effect
23.2 contlnggnt a•uts
Whera tho ¢hoYIty ha• ¢ontlng•nt o•vts. ¢ompl•ts th• f¢llowlng •Ktlon wh•n th•lr ¢xl•tsn¢o 1•
probable
Th1• year
De8crlptlon of ttem
E8tSmate of flnanclal effect
Last year
De8crl tlon of ttem
E•tSmate of flnanclal eff•ct
23.4 other dl$¢lo$ur•$ for ¢onting¢nt a$g•ts andlor liablllllg•
Please provldo the followlng Inform￿On where practlcable:
year
Last year
Explaln any unc•rtalntles relatlng to the arnount or
timing of $etllement: and the ptys$ibiKy tyf any
reimbursement
Where It 1$ not practlcal to make on* or mor* olthese
disclosuresi please state thi5 fact

Section C
Notes to the a¢¢ounts
Ni)te 24
Cash at bonk and in hand
Thls year
Last yfrar
Short terni cash Invesbnfrnts Ikss than 3 monlh fflaturfty d*}
Shortterm doposits
C$¥h •t and h•nd
Olh•r
Totsl
9.703
14.350

Section C
Notes to the accounts
Icontl
Note 25
Fair value of assets and liabilities
Last
ar
25.1 Plea80 pffjvld• d•tèll8 01 tho ¢havWs
XPO8ur8 to ¢rodlt rlsk (tho rfsk of Incurrlny a1088
du8 to a dobtor not pa￿ng what Is owed). Ilquldtty
rlsk (thè rlsk of nol b•lng ablé to m@•t short l•rni
financial domandsl and mark•t risk Ith• risk that
the value of an investment ¥Yill fall due to Changes
in the market) arising from financial instruments to
whlch the charlty Is exposed at the end ol the
reportlng perlod and explzln how th• chavlty
mana908 tho80 rfski.
Any ￿l￿&jaI d8btor. by thwr natrjre. 8re tNJi
rD&eii81 in knm8 oltt* ts￿811 tymoveTof tht
bJ51nBsS.
Any ItNJi￿dJ*I debior, by their nature. 8ra
t¥)t m&eri81 in tsms eftha owwall tumov6r
ol the business.
25.2 Ploaso 91¥0 dot8111 oltho amount ol chango
In the value of boslc flnanclal In$trwment*
(debtors, ¢r¢4ltor$, Inv•$tyn$nts lsfre $o¢tlon 11.
FRS 1t12 SORPII moa$urod at lalr value through
the SoFAthat Is attrlbutable to changel In cr•dlt
•k.

Section C
Notes to the accounts
Icontl
Note 26
Events after the end of the reporting period
Please ￿fflpIete thls note events (not requlrlng adjustment to the accounts)
have occurred after the end of the repo￿n9 period but before the accounts
are authorised which relate to conditions that arose after the end of the
reportlng perlod.
This
ar
The charity has reduced the size of the
Gym to reduce rental Costs. The Gym
has moved to 8 rK)n st8ff8d system or
Operation which has reduced overheads.
It Is hoped that this will result in a retum
to profitability in the future.
Last
ear
The charity was badly hil by the
Covid Pandemic. It is hoped that
tr8d8 will recover in du8 cours8.
Please provide details of the nature of the
gvgnt
Trading Tumover in 2023 was stsll
$ignificanlly lower than 2019 Ilh8 lalest
year Pre Covidl. Efforts continue ¢0 b8
made to ￿uce costs. However. in 2024
the Charity VAII conts.nue to need tha
support ol the Landlord to ¢onb"nue
trading.
Trading Tumovèr in 2022 was
Sl9nificantly Iow8r than 2019 Ilhe
lales¢ year Pre Covidl but is
approximately 25 /0 above 2021
levels. Efforts continue to be mada
¢0 reduce ¢o$ts. The Trustees are
looking into having CCTV instslled.
This will enable the Charity to save
significant amount on staffing
¢osts and should enablg t¢ ¢harity
io al least break even, However, in
2023 the Charity will continu8 to
need the support of the Landlord to
¢onlinuè trading.
Provlde an estSmate of the flnanclal effect
of the 8vont or a statement that such an
ostlmate cannot be mado
41

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111111111111
111111111111
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111111111111
111111111111

111-
111111111111
111111111111
Iiiiillii
111111111111

Section C
Notes to the accounts
(conti
Note 27
Charity funds (cont)
27.3 Transfers between funds
This year
Rèason for transfèr and whèrè èndowmtnt Is eonv•rt8d to Incom•,
legal power for its conversion
Amount
Between unreslricled and
restricted funds
Between endowment and
restricted fun¢Js
Between endowment and
unreslricled funds
Last
ear
Rtason lor tr•n$l•r and whtr• ondowm•nt 1$ ¢onv•rt¢d to Incomo,
l•gal pow•r for Sts ¢onY¢rslon
Amount
Between unrestricted and
restricted funds
8elween endowment and
restricted funds
8elween endowment and
unreslricted funds
27.4 Designatèd funds
Thls
ar
Planned u8•
Purpose of th8 doslgnatlon
Amount
Last
ear
Planned use
Purpose of th8 dèsl
natlon
Amount

Section C
NotÈs to thè acctsunts
Note 28
Trattsactions with Irustees and rÈlaLÈd parties
ofsu¢h tranu¢tion8 shouldbepr0vi￿ln this note. Ktt*rearenotraTrsa￿s to¥eport ￿ter"T￿e-r￿ the boxor
-False" Mfhereare rransa¢tknJs to report
28.1 Trustso Mmun*ratitirb and
This year
Mone of thètrnstees have been pabd any r*munetsiion orrn¢•l¥ed anyoiher benefft% Iroma
•rnplo>iY￿bt wtth thklr¢h￿ty Or * r￿*t•d 4kntstyITru* OrF*ts•)
h) p*lod the ¢harfty has t*t)wnwaiiortartdb¢rtlJts. Ploas*gfve theomo¢riltol. an￿l￿alIt￿ho￿ty1W, •ny
l•murt•ratlon LVOlh*rbon¢fitsp•ldlO • truSt4oby ihehthtyorartyl#s*tth Or¢onwartyeonrt•¢tsd wlthlt.
L•g•l •ulhDrfty I•B
ord•r. gov•rnkng
dtstumbnt}
TOT*L
Nwn•ollru•t••
•ffl¢•V•x
Pl*•i• olv• d•talls olwhyrnmLtn•r4tton ¢vothw
•nwloym•ntb•n•llt* ww•p•ld.
L•*t y•Ar
Non• tsfth•tN*tM• h*v• bMn pahl any r•Muh*NIIon Or r•t•lv•d •ny •ltr•r b•th•fft•
•rnploym•nt wrth tholr¢harfty or • rf•tsd •ntltylTN• orF41••)
Y•mun•rntlon oro1hwlMn•thp•￿ ro • tw*l••by rh•¢h•rfty*v•ryln411fuiion orMfflp•ny¢onnKI•Llwllh It.
4nwnt•W or1)eneft1￿1uV
Ltythi 4ulhDrlty l•y
order.
do¢urn•nt)
P•M
R•oyOOSftl¢y
TOT
N*n•of Iru•ts•
K)••
•lll¢•V•x
Please glve detalls ofwhyMuner4kn ororher
4nwloym•ntboneffts wwepgld.
pmvldean explanatlon ollheNtureofthep•ymenL
282 Trustees. expenses
Mlhe¢hailtyhaspald rmsteesvAfft75es fwluAfflllng Il*duUe& *ialls ors￿h Iransa¢&ins shoL*lLlbeprovlded In thls
ote. Ifth*e we tr￿$4¢1￿￿$ pk4St*Jts"Tme"Ih the btsxbelthw. Mth#t we ￿￿$3¢ll￿n$ its ttptsrt. plettse

Ilo Irust•• &xp8ns•y hay• bo•n incurr8d (rn￿ orFal*•l
Ibi$
of•Mp•Trw rwrnburs•d
La51 y•ar
Trav•1
Sub515tenGe
AC¢omrnoda￿0n
Othgr Ipl8as8 ypBcrfyl'.
TOTAL
Pl•as• provld•th• numb•roltruyt•M I￿￿￿Ul1•d lor•xpMxM l￿d
•xponsos pald byth• charlty
28.3 Trakw¢tlonl¥l wlth rnlaied part*1
tru&'lyJ tho &oxprnvk¢od.
Thli y•ar
Thw• hav• b••n no r•l•t•d party In tr*Thporfn9 pwbod orF41w)
FALSE
ounti
wrtit¢n oll
urtng
r•ptsrtlny
N4m• of th•tru•i
orv•l•i•d yrty
pthf1￿0n for bad d*bt*
•t p•rfod •nd
tp thlvlty
Dunc•th Wood
R•ni p￿d
In I￿•tIon 10 th• tMnMcUoft8 ￿••￿￿•¥¥￿• th•
For•nyMl•r•dwrty, pl••s•pffjvld•detsiiJ of•ny
LaBI y•*r
Thw• hav• b••n no r•lal•d pllrty Ir4n•xWon• th• r•ptyYD9 pwlod ITn* ¢xF41M)
ounts
writt•n off
durSng
reportlng
Narn• of th•tru•l••
orv•l*t•d P*rty
R•lollon4hlp
to Gth*￿ty
P￿￿110N for b*d d•bt•
•¢ p•rfod
Duneath Wotsd
TNAt*•
R•ni
41.024
knl ha¥ebEeD ET6,024for2022. Pkn￿er, tOEn&b￿
ChaNy￿￿￿￿￿•th•Larth￿dkn E35.iNX)ofth8f8nldu&forth
rertr6 £0.￿)￿m¢
termsand¢ondlUons. I￿1￿￿1￿9 anysKosrtty wdihenatt
o1anypayn￿nI(¢oryslderatIop) to bepmvlded InseiiiewL
Forenyrelttiedparty. ￿sepT0¥￿￿e￿eta￿S ol*ny
9Ltw*ftjt￿9￿*rtOr￿￿￿V

Section C
Notes to the accounts
Icontl
Note 29
Additional Disclosures
The following are significant matters which are not covered in other notes and need to be included to
provide a proper understanding ofthe accounts. If there is insufficient room here, please add a
separate sheet.
47

CHARITY COMMISSION
FOR ENGLAND ANO WALES
Independent examlnerfs report on the account$
Section A
Independent Exatninerfs Report
Report to tho tru8t•MI
m•mbws 01
Pirate Filness CIO
On accounts lor the
•nded
31° Decen**r 2023
Charity Numb•r'.
1154471
sat PA9
2to46
I report to the trusthes my ofthfr {Ih@ Trugl'lforlha endbd
31" Dfrc¢mb•r 2023.
ReApon•1￿lItI•$ •nd baslB As the charitys aig le¥A￿ls￿le the rKwor8tw 8(¥wl$ In ocoydance *iih ihe
ol roport
requirerneDt3 of the Ch3iithry5 2011 llhe Acri.
I rerx)rt in rfjstrft ol My0x￿1￿1￿ of the Tru¥.$ w￿$t¥￿ed undfyi 145 ofthe 2011 A¢1 and In
cffjiry vth myewinJlw. I hD¥e a#the4F4ublg ￿ra￿til￿&91WOn bythe Charity CL)rnmi55lDD Under
lion 14515Mbiof Ih8 ALt.
Imd•p•nd•nt •x&mlh•rf• Thfy charitys gro•• É29).COJ and l ojalffigd to undgrt8k* gx•min•llon by Wng 8
I have comrAeted rny examinalion. I confirrn that no matenal matters C4yno lo my Bttenlion In conTr￿￿On
%4lh Iho IOIVwlh8h th•l¢ja&)￿ bakny'l **yth oryès me ¢auso 10 beiitvo thJi ￿, 8ny maitr181
8c¢wnts tr* 8ppk8blo rthJuir8m8nis ¢w¢•mlno th8 fonm 8nd ¢wioni of
Coun￿ s* In the Charilies (￿15 Rwmsl ReOLlalKns 2008 oih2r than ￿Y requirement
Ihat the 8¢¢oJnts we 8.tyuo 8nd not 8 m8n8r¢th)s￿￿￿ •$ p8rt of8n indep•ndgni
exBminalkin.
I h•v8 w ¢o)¢8m$ and r#) th m•itW8 in tho ex8rnin81o1 10
tteTrI￿ st￿￿Jk￿ rewl In ¢xdEr to olthe accounta io bo
Slgn•d..
101h Orl(*er 2024
.' Adnan Eclvfards
R•l•v•nt prof•i$l¢)nal
gwllli¢•tlpnlBI or ty0￿ IM
FCCA
2 Meadow Court. Stie
Witngy. 0￿¢¥￿5h1rQ
OX28 6EFI
Only COMp￿te If the exarminer needs io highlght maierial matters of coDcem (see CC32. Indepe￿en￿ exafflinaiion of charity
?¢rounls" dirodions ￿ld0￿Ce fDrpx3mirys.
P￿se read Section C, Note 26 a￿ut ihe Im￿1 ol COVKI 19and tt)e 0[￿Ing ofa n*¥Gym in Wrtney. The accounts have been
pr&p4rfjd undgr Hislorical Co¥t ¢￿V￿￿t￿. Fwl thFts BtKth of£4,YK) prg on thp Shprf
The value oflhis ￿Ulp￿ent Lw rflhe Charity haj to c*>se. Tr Charity r￿￿S on the ￿￿tInued SUP￿ of 115
landk)rd.