CHARITY REGISTRATION NUMBER: 1158412 Carlisle Sports Unaudited Financial Statements 31 December 2024 Chartered Accountants Briar Lea House Brampton Road Longtown Carlisle Cumbria CA6 5TN
Carlisle Sports Financial Statements Year ended 31 December 2024 Page Trustees. annual report Independent examinerfs report to the trustees Stalement of financial activities Stalement of financial position Notes to the financial statements The following pages do not form part of the financial statements Detailed statement of financial activities 14 Notes to the detailed statement of financial activities 15
Carlisle Sports Trustees, Annual Report Year ended 31 December 2024 The trustees present their report and the unaudited financial statements of the charty lor the year ended 31 December 2024. Refernnee and admlnlstratlve detalls Reglgtered charlty name Carlisle Sports Charity reglslratlon number 1158412 Prlnclpal ofNee Clo Harraby Community Campus Edgehill Road Harraby Carlisle CA13SN The trustees Mr C Weber Mr J Douglas Mr S Higgs Mrs J Rudd Mrs J Ashbridge Ms E Dixon Mr S Reed Mrs E Jackson (Retired 4 April 2024) {Appointed 10 April 2024) {Appointed 10 April 2024) Company gecretary Mrs E Jackson Independent examlner Mr R W Gordon, FCA Briar Lea House Brampton Road Longtown Carlisle Cumbria CA6 5TN Structure* governance and management Once again we are pleased to present the Annual Repwt for Carlisle Sports for the year. Our thanks and appreciation go to the trustees who have helped the trust over years and particularly over the last twelve months. We would like a special mention to thè centre manager, our accounts assistant and the company secretary who have continued to do sterling work on behalf of the trust and at times have gone above and beyond on many occasions lo deliver the trusts work. The centre and Its facilltles have continued to provide an exceltent service to its many users both young and old. It is very gratifying to see dozens of chiklren running around enjoying themselves in all sorts of weather.
Carlisle Sports Trustees, Annual Report (Conth} Year ended 31 December 2024 Oblectlves and actlvltles 1 The promotk)n of communlty participation in heatthy r8creation in particular by the playing of sports for the benefit of the inhabitants of Carlisle and surrourKJing district. 2 The advancemenl of amateur sport by promoting outdoor and indoor SI5 whth promote health by involving physical or mental skill or exertion, IOT the benefil of Ihe inhabitants of Carltsle and surrounding districts. 3 To advance the phjstcal education of the children and young people who are attending schools or In full time educatron, and young people not undergoing lomial education by providing sports facilities and by such other means as the tnjstees may Irom lime lo lime decide. 4 To provide or assist in Ihe provision of sports facilities in ihe interests of social welfare for recreation or other Eeisure time occupation of 1nddUalS who have need of such facilities by reason of the youth, age, intirmity, mental or physical disatxlity. financial hardship or social circumstances with the object of improving their conditions of lile. Achlevom•nts and parformance l am pleased to present the Annual Report for Carlisle Sports tor 2024. 1 would like to pass on my thanks to the Trustees and all members of the managemenl board for their help and support for Ihe Trust. The Centre Manager, the Accounts Assislanl and the Company Secretary in particular have all done valuable work on behalf of the board. As foreshadowed In lasi yearfs report, work to assernb Ihe fuThJing ne8d8d lor a major refUlShMent ol the artificial playing surfaces is getting under way. We are grateful for the support of the Cumberland FA and the Football Foundation, wilh whom we are working closely to wi together a funding bid. Thls will need contributions from Cumberland Council and from the Football Foundation, as well as the deployment of our own sinking fund, which has been buih up over the last 10 yeats. The faciliti8s continuè to be exlremety well-used by footballers of all ages. by roller-bladers and by nelballets. The Centre Manager and hss young team have all worked hard over the year to mainlain and promote the Centre and their efforts are very much appreciated. The charity's objectives, which centre on improving the physical and m8ntal health of the local community, underpin all our planning. As well as improving physical fitness, we hope that the use ol our Centre and the consequent interactions with others will continue to combat isolation and bring friendships and stability to people's lives. Flnanclal revlew The charity continues its recovery Irom the covid pandemic. The financial position whilst relatively heatthy due lo governmental and other grants. Our operator GLL continues to remain under pressure lo achieve the annual income targets. This likely lo conlinue in to 2024. Other sources will need to be targeted Ihrough sponsorshp and l(xal business initiatives.
Carlisle Sports Trustees. Annual Report {eL Year ended 31 December 2024 Plans for future perlod8 Monthty operation meetings th GLL'S site manager. Barrie Marsk811 wlll continue with quarterly rinancial reviews with GLL regional management to ensure Carlisle Sports charitale objects and KPI'S are continuing io be sustainably mel. Th8 facility programme and operatx)n will need to adapt to the loss of the school daylim8 use. We need to explore additional income streams. The tfUStees' annual report was approved on 10 Juty 2025 and signed on behalf of the board of trustees by: Mr S Hlggs Trustee Mrs E Jackson Trustee and Charity Secretary
Carlisle Sports Independent Examiner's Report to the Trustees of Carlisle Sports Year ended 31 December 2024 I report to the Iwstees on my examination of the financial siatements of Carlisk Sports {'the charity) for the year ended 31 December 2024. R8sponslbllllles and basls of r8port As the trusiees of the charity you are responsible tor the preparation of the financlal statements in accordanca with the requiramenls of the Charities Act 2011 ('the Acl'l. I report in respect of my examination of the charivs financial statements carried oul under sectlon 145 of the 2011 Act and in carrying out my examination I have tollow8d all the applicable Directions given by the Charity Commisslon under section 14515)(b) of the Act. Indapendent examlner's slalement I have completed my examlnatlon. I confirm thal no malerial matters have come to my attentlon In connection with the examination giving me cause to believe thai in any materlal respect: accounting records wera not kept in respect of Ihe charity as required by sectlon 130 of the Act; or the financial statements do not accord with those records; or the Ilnancial statements do nol compty with the applicabl8 r8qulrements concerning the form and content ot accounts set out in the Charities {AcLounts and Reports) Regulations 2008 other than any requirement that Ihe accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concarns and have come across no other matters in connection with the examinalion to which attention should be drawn in this report in order to enable a proper understanding al the accounts to be reached. Mr R W Gordon, FCA Indepdent Examlner Briar Lea House Bramplon Road Longtown Carlisle Cumbria CA6 5TN
Carllsle Sports Statement of Financial Activilies Year ended 31 December 2024 2024 Unresiricted funds Total funds Total funds 2023 Note Income and endowments Donations and legacies Other trading activities Total Income 27,750 40,767 68,517 57,802 57,802 57,802 57,802 Expendlture Expenditurè on charKable activities Total expendlturn 72,793 72,793 480 Net Incomel(expendlture) and net movement In funds 57,322 57,322 (4,2761 Reconclllatlon of funds Total funds brought forAiard Toial funds carrled fonvard (57,322> (57.322) {53.0461 (57,322) The statement of financial activitles includes all gains and losses r8cognlsed in the year. All income and expenditure derive from continuing activiti8S. The notes on pages 7 to 12 forni part of thege flnanclal gtatementg.
Carlisle Sports Statement of Financial Position 31 December 2024 2024 2023 Note Flxed assets Tangible fixed assets 12 1,462 2.577 Current assets D8blors Cash at bank and in hand 13 17,743 147,842 165,585 4,233 129,865 134.098 Credttors: amounts falling dua wlthln one year Net current assets 14 95,548 57,997 76,101 70,037 71,499 Total assets less current Ilabllllles 78,678 Provlslons Other provisions Net liabilities 15 71,499 136,000 (57.322) Funds of the charlty Unrestricted funds {57,322) (57,322) Total charity funds 16 These financial statements were approved by the board of trustees and authorised for issue on l O July 2025, and are sioned on bèhalf of the board by: Mr S Higgs Trustee Mrs E Jackson Trustee The notes on pages 7 to 12 form part of the98 financlal statement
Carlisle Sports Notes to the Financial Ststements Year ended 31 December 2024 General Information The charty is a public benefit entity and a registered charity in England and WaS and is unincorporated. The address of the principal office is Harraby Community Campus. Edgehill Road. Carlisle, Cumbria, CA1 3SN. Slatement of compllance These financial statements have been ppared in compliance with FRS 102, 'The Financial Aeporting siandard applicable in the UK and the Republic of Ireland., the 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 IFRS 1021 (Charities SORP {FRS 102)) and the Charities Act 2011. Accountlng pollcles Basls of praparatlon The financial statements have b8en PTepared on the historical cost basis. as modified by the revaluation of certain financial assets and liabilities and investment properties measured at tar value through income or expenditure. The linancial statements are prepared in sterling. wthich is tha functional currency of the entity. Golng ¢oncem There are no material uncertainties about the charitvs ability to continue. Dlsclosure exemptlons The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the tollo¥Mng disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the charity. (bl Disclosures in respect of financial instruments have not been presented. Judgemenls and key sources of estlmatlon uncertalnty The preparation of the financial slalements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimatas and judgements a continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstanc88. Fund aeeountlng Unrestricted funds are available for use al the dIScli0n of the trustees to further any ol the charity's purposes. Designated funds are unrestricled funds 8armarked by the truslees for particular future project or commitment. Restrictèd funds are subjected to reslrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endovrnent funds.
Carlisle Sports Notes to the Flnanclal Statements (cont) Year ended 31 December 2024 Accounting pollcles (conunued) Incomlng resources All incoming resources are included in the statement of financial actiwties when enlitlemenl has passed to the charity: il is probable that the economic benelits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: income from donations or grants is recognised when there is evidence ol entitlement to the gift, réceipt is probable and its amounl can be measured reliabty. legacy income is recognised when receipl Is probable and entitlement is established. income from donated goods is measured al Ihe lair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cosl to the donor or the estimated resale value. Donated laeililies and seNices are recognised in the accounts when received rf the value can be reliably measured. No amounts are included for Ihe contribub'on ol general volunteers. income Irom conlracts for the supply ol services is recognised with th8 dellvery of the contracted service. This is classified as unreslricted funds unless there is a contractual requirement for it to be spenl on a particular purpose and retumed rf unspent, in whSch case it may be regarded as restricted. Rèsour¢es expended Expenditure is recognised on an accruals basis as a liats'lity is incurred. Expenditure includes any VAT which cannot be fully recovered, afKI is classified under h8adlngs of the statement of financial acts'vities to whlch it relates: expenditure on raising funds includes the costs of all fuNJraising actÉvities, events, rn- charitable trading actNities. and the sale of donaled goods. expenditure on charite acliviiies includes all costs incurred by a charity in undertaklng aclivilies thal turther its charitable aims for the benefil of its beneficiaries, including those support costs and costs relatifKJ lo the governance of the charity aPportned lo charitable adivllies. other exp8nditure includes all expenditure thal is neither rekqted to raising funds for the charlty nor part of its expenditure on charitable activities. All costs are allocated to expendrture categories reflects'ng th8 usa of the resource. Direct costs attributable to a single activity are allocated directty lo that activity. Shared costs are apportioned belween the activities they contribute lo on a reasonable, justifiab and consistent basis. Tanglble assets All lixed assets are initially recorded at cost. Depreclatlon Depreciation is calculated so as to vKite off the cost or valuation of an asset, less ts residual value, over the useful economic lite of thal asset as follows: Plant and Machinery 2510 reducing balance
Carlisle Sports Notes lo the Financlal Statements (contlnu6d) Year ended 31 December 2024 Accounting policies {conllnued) Impalrment of flxed assets A review for indicators ol impairment is carried out at each reporting date, wrth the recoverable amount being estimated where such indicators exisl. Where the carying value exceeds the recoverable amount, th8 asset is impaired accordingly. Prior impairm8nts ar8 also revlewed for possible reversal at each reporting dale. For the purposes of impairment testing, when it is not sx)ssible to estimate the recoverable amount of an individual asset. an estimate is made ot the recoverable amount of the cash- generating unit lo which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impaimient testing of goodwill, the goodwill acquired in a buslnass combination is, from the acquisition date, allocated to each of the cash-generating unils that are expected to benefit from the synergies of the combination. irrespectFve of whether other assets or liabilities of the charty are assigned to those units. Provlslons Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable Ihat the entity will be required to transfer economtc benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of th8 provision as an expense. Provisions are initially measured al the besl estimate of the amount required lo settle the obligation at the reporting date and subsequently reviewed at each reporting dale and adjusted to reflect the current best estimate of the amount that would be required to settle tha obligation. Any adjustments to the amounts previously recognised are recognised in income or expenditure unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at Ihe present value ol the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in the stalement of financial activities in the period it arises, and is allocated to the appropriale expend¢ture heading. Donations and legacle8 Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Grants Grants receivable 27,750 27,750 Olher trading activities Unrestricted Total Funds Unrestrictgd Total Funds Funds 2024 Funds 2023 Sinking fund Services 20,499 37,303 20,499 37,303 57,802 16.000 24.767 40,767 16,000 24.767 40,767 57,802
Carlisle Sports Notes to the Financial Statements {MnUnLdj Year ended 31 December 2024 6. Expendtture on charttable actlvlues by fund type Unrestricled TOL11 Funds Unrestricted Total Funds Funds 2024 Funds 2023 Sport Activibes Support costs 38.102 {37,622) 38,102 (37,622) 79.934 (7.141) 72,7¥3 79,934 (7,141) 72,793 Expendhure on charitable actlvltles by activlty type Acb"vib"es undertaken directly Support costs Total funds 2024 Total fund 2023 Sport Activittes Govemance costs 38,102 38,102 (37,622) 79.934 {7,1411 72.793 (37,622) (37,622) 38,102 Anatysls of support costs Management fee Totsl 2024 Total 2023 &'nking lund Premises 20.000 24.000 44.000 Net Incomel(expendlture) N8t irLomel(expenditure) is stated after chaffJingl(crediting): 2ff24 2023 Depreclalion of taroible fixed assets 2,879 859 10. Independenl examlnation fees 2024 2023 Fees payab18 to the ind8p8ndenl examiner for: Independ8nt examination of the financial statements 240 240 11. Trustee remuratIon and expenses There were no trusteès receiving remuneralion in the current or previous year. 10-
Carlisle Sports Noles to the Flnancial Statemenls (conunuod) Year ended 31 December 2024 12. Tanglble flxed assets Plant and machinery Total Cost At 1 January 2024 Additions 13,070 1,764 14,834 13,070 1,764 14.834 At 31 December 2024 Depreclatlon At 1 January 2024 Charge lor the year Al 31 December 2024 10,493 2,879 10,493 2.879 13,372 13,372 Carrylng amount At 31 December 2024 1.462 1,462 2,577 At 31 December 2023 2.577 13. D8biors 2024 2023 Trad8 d8btors 17,743 4,233 14. Credltor8: amounts falllng due wllhln one year 2024 2023 Trade creditors Accruals and deferred income 30,808 64,740 95,$48 33,757 24,240 57,997 S. Provl8lon8 Slnklng Fund Al 1 January 2024 Addilions Unused amounts reversed 136,000 20,499 (85,000) 71,499 At 31 December 2024 11
Carlisle Sports Notes to the Financial Statemenls (conllnued) Year ended 31 December 2024 16. Analysls of charltsble funds Unrestrlcted lunds At 1 January 202 At 31 December 2024 Income Expenditure Unrestricted funds (57,3221 57,802 (480) At 1 January 202 Al 31 December 2023 Income Expenditure Unrestricted funds (53,046) 68,517 {72,793) (57.322) 17. Analysls ol net a88els between lund8 Unrestrlcted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Provisions 1,462 165.585 (95,548> (71,499> 1,462 165,585 (95,548) (71,499) Nel Ilabllllle• Unresiricted Total Funds Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Provisions 2,577 2,577 134,098 134,098 (57.997) (57,9971 (136,000) 1136,000) {57,322) {57,322) Net Ilabllltle$ 18. Related partl88 During the year Mrs J Ashbridge, a trustee, provided bookk88ping servlces to the charity at a cost of £205 for the year, (2023 - £4201. 12-
Carlisle Sports Management Information Year ended 31 December 2024 The following pages do nol form part of the flnanclal statements. 13-
Carlisle Sports Detailed Statement of Financial Activities Year ended 31 December 2024 2024 2023 Income and endowmenl8 Donatlons and legacles Grants recelvable 27,750 Other tradlng actlvltles Sinking fund Services 20,499 37,303 57,802 16,000 24,767 40,767 Total Income 57,802 68,517 Expendiiure Expendiiure on charllable a1vItIeS Rates and water Llght and h88t Repairs and malnlenance Insurance Legal and professional fees Telephone Other office costs D8preclatlon Sinklng Fund provlsion Management fee 3,615 14,170 55.778 2,784 660 2,855 72 859 16,000 124,000) 72,793 19,074 7,425 5,171 446 2,916 122 2,879 (64,501) 24,000 Total expendlturè 72,793 Net Incomel(expendlture) 57,322 14,2761 14-
Carlisle Sports Notes to the Detailed Statement of Flnanclal Activlties Year ended 31 December 2024 2024 2023 | Expendlture on ¢harltabk aetlvttlèa , Sport Actlvllle8 Actlvllles undertaken dlrKtfy Rates & Waler Light & heat Repairs & maintenancA Insurance Legal and professional lees Telephon8 Other admin costs 2.948 19.074 7,425 5.171 3,615 14,170 55,778 2,784 660 2,855 72 2,916 122 38.102 79,934 Governance costs Governance costs - depreciation Provision for SinkirvJ FurKI Manaaemenl fee 2,879 {64,501) 24,000 (37,622) 859 16,000 {24,0001 (7,1411 xpendllure on charllabla a111e$ 72,793 15-