REGISTERED COMPANY NUMBER: 08737838 (England and Nvales)
REGISTERED CHARITY NUNIBER: 01158520
REPORT OF THE TRUSTEES AND
AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
FOR
BURNLEY LEISURE AND CULTURE
(A COIVIPANY LIMITED BY GUARANTEE)
Bumley
leisure & culture
Ainsworths Limited
Chartered Accountants
and Statutory Auditors
Charter House
Stansfield Street
Nelson
Lancashire
BB9 9XY

BURNLEI Y LEISURE AND CULTURE
(A COMPANY LIMITLI D BY GUARAKfEE)
CONTENTS OF THE FINANCtAL STATEIIIENTS
FOR THE YEAR ENDED 31ST MARCH 2025
Page
Report of the Trustees
Ito8
Report of tbe Independent Auditors
9t0 11
Statement of Financial Activities
12
Balance Sheet
13to14
Ca8b Flow gtaternent
15to16
Notes to the Financial Statements
17to28

BURNLEY LEISURE AND CUL TUR
{A COMPANY LIMrrED BY GUARAIYTEI )
REPORT OF THE TRUSTfi ES
FOR THE YEAR ENDED 31ST MARCH 2025
The tru8tees who twe al80 directDr8 of the company for the purposes of the Companie8 A¢t 2006, pre8ent their report with
the financial ytatem¢nts 0£ th¢ charAty for tbc year ended 31s1 March 2025. The financial statemeots comply with the
Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and
Reporting by CIMrities: Statement of Recommended Practice applicable to charities preparing their account8 in
ao¢ordan¢e with the Financial Reporting Standard applicable iti the UK and Republic of Ireland (FRS 102).
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Cojnpany number
08737838 (England and Wales)
Reglstered Charity number
01158520
Registered office
St Peters Centsr
Bank Parade
Church Street
Burnley
Lancashire
BBII 2DL
Trustees
Mrs D Livesey
Mr Ryan Bradley
Dr S MAnten
hQs S Haworth-Pearson
Mr B Butterworth
Mr N Tranm¢r (resigned 12th June 2024)
Mr8 H Tyson
Mr W Rashid (resiglled 12th April 2024)
Mr C J Barnes
Cllr A C Lewis
Cllr M Hurt (ftppointed 22nd April 2024)
Mrs J Caiiie (appointed 9th September 2024)
U Raziq (appointed 281b October 2024)
Role
Chair & Community Nominee
Community Nominee
Community Nominee
Community Nominee
Community Nominee
Community Nominee
Community Nominee
Employee Nominee
Community Nominee
Council Nominee
Council Nominee
Employee Nominee
Con]nLunity Non]inee
Key Management Per￿nnel
Mr P Fostet
Mr M Dempsey (resigned IBt Maroh 2025)
Mr S Bryce
C Goodnmtt
Mrm Dixon
Mrs C Steels
Role
Chief Executive
Head of Ho8Plt&lity & Culture
Chief Operating Officer
Head of Community & Wellbeing
Head of Finance
Head of Culthre
Auditors
Ainsword]s Limited
Chartered Ao¢ountants
and Stathtory Auditors
Charter House
Stansfield Street
Nelson
Lancashire
BB9 9XY
Bankers
HSBC Ballk PLC
12 Manch&ster Road
Burnley
Lancashire
BBII ITfrI
Solicitors
Winckworth Sherwood LLP
Millerv& House
5 Montague C108e
London
SEI 9BB
Page I

BURNLEY LEISURE AND CIJLTURE
(A COMPANY LIMITED'BY GUARANTF]g
REI PORT OF THE TRUSTEES
ri OR THEI YEAR EI NDED 31ST MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEIMENT
Governjllg document
The company was incorporated on 17th October 2013 and registered as a oharity on l Oth September 2014. The charity is
controlled by its governing thument, the Memorandum and Articles of Associatio￿ alld collstitutes a company> limitsd
by guarantee, a8 defincd by the Companies Act 2006. In the event of tbe comp8my being wound up m¢rnbeTS are required
to contribute an amount not exceeding £1.
Reeruitment and appointment of new trustees
Th¢ Board shall Collsist of at least three and not more than eleven individua18, ¢Otnpri8ed ￿ follows..
Olle Etnployoe TrnSte￿.
up to two Local Authority Tru8te¢8' and
up to eight Community Trustee8.
Th¢ Community Trnytees 8hall at all times be in the majority. These trnstees shall be elected with necessary expertise oo-
opted where appropriate by the existing trustees. When considering co-optAng trnstee4 the Board has regard to the
requirement for any specialist skills necded.
Rlsk management
The truste¢s have examined the major strntegic, business and operational ri8k8 which the charity faces and confm that
Systems have been gstkthlished to ensure regularrewrts are produced atld that the necessary steps can be taken to addres8
any i88ues arising.
Bunlley Leis1￿e and Culture is aregistereAI charity operating withiti a company linLited by guarantee. The board of tNstee8
ha8 the authority to co-opt individuals wilh relevant expertise where appropriate.
Organi5atioll strllcture
The Board Currently Consists of eleven ttustees attd is re8pollsible for key policy thisions and the effective governance
of the organisation overall. The Board ha8 a minimum of six meetings per financial year.
The day to day operdtion8 of Burnley Leisure and Culture are managed by the Gharity'8 8enÈor management team (the
Executive) nwle up of the Chief Ex¢cutive at￿ SenriGe Managers. The Executive 18 given strategic direction by a Bollrd
of Tn￿tee8 (the Board) regarding the provision and operation of the services in acconlance with the c0ntn￿ts, lease& and
filnding agreements made with Burnley Bon)ugh Council. Th¢ Board has ultimate respon8ibility for the governance of
tbe chwity, and directs, suppor18 and clJall¢nges the Executive in its work.
Relllted parties
Tru8tees are required to declare an inter¢st if they are involved in any actiVAties which may compromi8e their role as
trustee and a mollitoring mechanism t8 in place. The related party tran8aCtion8 during the past y¢ar hav¢ bc¢n disclosed
below in the notes to the fwancxal statements.
Page 2

BUJVILEY LEISURE AND CULTUREI
(A COMPANY LIMITEI D BY GUARANTEE)
IIEPORT OF THE TRUSTfi ES
FOR THE YEIIR EI NDED 31ST MARCII 2025
OBJECTIVES AND AcrIvrtiEs
Burnley Leisure and Culture has been established for Public BenefLt:
To provide or assist in the provision of both indwr and outdoor facllities in the interests of social welfare for
recreation or other leisure time occupatiott of itidivAduals who have need of suGh by reason of their youth, age,
infjmiity of disability, finallcial hardship or 80cial circumstances or to the publio at large with the object of
improving their collditions of ]ifc' audlor
To prornote ￿MInu￿ltY partlCApation in Healthy Recreational Activities, an(Vor
To provide or assist in tho provision of comrnunity f8oilitie8 to be available to all sections of the commurtity
without distinction, including the use for me¢tings, lecture and classes and/or other forn￿ of recreation and
leisute time ooGupation with the objecl of improving the conditions of life for all those who use the facllities.
alldlor
To advance the education of the public in all aspects of dramatic art through the provision of 8 theatre. anwor
Such other charitable pun￿Se8 a8 the trustee8 in their absoluts discretion may detern]ine
Public benefit
The trnstee8 are confident that the Charity offers services of real and practical use to the local popul&tion alld therefore
complies with the respollsibillty pla¢ed on all charities under the Charities Act 2011 to d¢mon8trate a public benefit.
Page 3

BURNLLI Y LEISURE AND CULTU￿1
(A COMPANY LIM￿￿< D BY GUARANTEI [1 )
IiEPORT OF THEI TRUSTEES
OR THL YEAR ENDED 31ST MARCH 2025
ACHIEVEMENTS AND PERFOIIMANCE
Introduetion
The 2024125 financial year has been a pivotal Chapter in the ongoing evolution of Bumley Leisure and Culture. It was a
year marked by Strong growth, significant organisational change, and a renewed sense of ambition for the future. With
the appointment of a new Chief Ex¢cutive and Head of Community and Wellbeittg, we have entered a new phase of
leadership that build8 upon the legaoy of the past decade while settillg the course for long-temi innovation and impact.
Throughout the year, we oontinued to strengthen our role as a leading provider of wellbeing, cultural, and leigure 8ervi¢e8
across East Lancayhire. Our commitment to delivering high-quality, acces8ibl¢ programmes h&8 ettablod us to senre our
conununities more effectively-whether through ￿Cord-setting attendance io our leisLtre Gentres, expanding cultural
engagement acro88 the borough, orpioneering inclusive health and wellbeitig initiatives.
This report caplxwes a year of dynamie progress, dtiven by collaboration, investment, and a 8haTed vision for Burnley as
vibrant, healthyg and connected place to live, wo￿, and tbrive. As we look ahead, we remaiti fmly fooused on
8UStainabilitytr growth, and deepening our partnerships to deliver even great¢r value for our conmunity.
Facilities
We have achieved significant growth across all aspects of operations within the last 12 montb8 and continue to be
recognised a8 the leading provider for wellbeing, health. cultwal and bospit&lity experien￿ across East Lancashire.
Our Lei8ure Centres have witnessed outstanding growth, in particular the fItn¢88 member6hip with gTOWth of 34%, and
Swim Academy, with over 3500 children bellefitting from our sohool swimming progMnllne and learn to swim gmwth
by 19 /. We continue to excel in working in parlllership with all stakehold¢r8 and making areal imp&Gt across the borough,
our present UCLall partnetghip has 980 local students regularly taking part in health und fithe&8 Fdctivities. BLC'8 golfing
operations C￿ltinue to be a great Succe￿ with incr¢ased participation, record attendances on the 18-bole golf course and
driving range with over3 n]ilLion balls hit on th¢ rang¢ atone, alongside record sales at our golf thops. Ourfootball pitches
bave also achieved reoord attendattces with neaTly 40 football teams participating weekly.
Burnley Mechani¢8 Theatre has experienced another wsitive year, demonstrating growth in ticket sales with an ever-
increasing diverse programme, and positive gtDwth in fLmction8 and private hire events. We do still eftcounter challenges
within Lbe present eGonomic Clin￿te and operational costs associated but are in a strong position and our progranm)ing
reflect8 affordable div¢r8e cultural experiences. We continue lo engage with a significant number of partners and
organisations in ensuring increased comjnunity use for the theatre.
Our intsgrated food and beverage offetings have wilnessed further growtb across all 8it¢8 with a reputation for quality
nd outstanding customer service, wbi18t still impacted with challenges of ever-increasing cost of goixls and 8taffll￿, The
team continue to deliver leading event experiences both within our venues and eKternally> With nwiy events such a8
f￿tive and pre-theatre dining sold out. Due to better weather in the last quarter of the year, w¢ witnessed increased foo￿￿11
and sales within our park venues and continue to explore llew opportunities, Down Town I(itchen & Café continues to
thrive, demonstrating even stronger partoership and collaboration WOrk￿g with several impactfid projects such as paid
on meals, free breal(Easts for child￿ll and cookery schools.
We continue to reinve8t in all our faoililie8, operations. and technology in ¢nsuTiDg we Continue to innov&te alld provide
premium servi¢¢s, 80me eXa￿p1￿ being significant investment in Prairie Sports Vlllage's conferencing facilities,
Mechanics. artists and Sanitary provision, lei8ur¢ centre gym4 viewing galleries, accessibility and wint of sales, kit¢h¢n
equipment and BLC App.
Page 4

BURNLEY Lll ISURE AND CULTURE
(A COMPANYLIMIT]LD BY GUARANT￿￿1)
REPORT OF THE TRUSTEES
FOR THE YEARENDLD 31ST MARCH 2025
ACHIEVEMENTS AIYD PERFOIiMAIYCE (CONTINUED)
Facllltles (conthiued)
We are COM￿ltted to reducing our catbon footprint and n¢t zero targets to ensure operations are 8UStainable and have
obtained Broftze 8tatU8 for Carbon Literacy &cro88 the Trnsl. We have signifi¢ant reduction8 and good practices
detnonstrated acros8 all areas, such as micro-filtration, waste recycling, Composting, packaging, reuse of food waste,
recycled products, local produot sourcing and energy saving management 8y8teJn8.
We continue to invest heavily in our people and provide job oppottunitie8,, ranging from our success￿1 apprenticeship
and Èntern schemes to UP8killing our existing workforce, ben¢]]JnaTking witb quality a88uranoe and mystery visit sclwnes.
Culture
Following the launoh of Burnley's Cultuial Fr&mework at the end of the 2023/24 financial year, ¢ultutal development
plans have wntinued to grow toward8 Burnley 2027 Ycar of Culture and its legacy. Tbe Culthre Burllley netwo￿1ng
group has expanded signif1C￿l1Y over the year with a suocessful prograrnffte of events attracting people from acro88 a
r1￿£¢ of sectors and organisations {approAinthly 120 network m¢mb¢r8), resulting in th¢ e8tabli8hment of a series of
working groups to take ownership of thematic area8 including mu8iCg placemaking? heritage, outdoor to￿￿ commuwty
engagfflnent and more.
WoA( continued acr058 the full financial year to deliver the Arts Council England funded Hug Bwnley Imechanics
Theatre Presents) programme of outreach and community foGU5ed activity, bringing theatr¢, comedy, storytelling) crafts
and other activities to comtnunity 8paces. This partnership with cultural programmer cultUr￿edIa, engaged 148 ￿eative
practitioners across the proj¢c¢ with 688 active parLicipants taking part in activities and 2,622 audienGe members.
The Caravan Gallery Burnley Pride of Place Project, also funded by Arts Council England concluded in September 2024
with 19 creative practitioners engaged 898 active participants, 3,578 audience Members and 7 volunteers. The town
centre pop up was incredibly successful alld built relationships with communities. created many new links with artist8
and m&lcer8 and opportLU]ities for collaboration.
£15,550 was secured through Burnley's SharedProsperity Fund Scheme towards preliminary activity feeding into Burnley
Words F¢8tival 2025, with funding running to 31 March 2025. 50 activiti￿ were delivered across the period.
Across the 3 programmss, we developed partnerships and significantly inoreased the connectivity between communiti¢8
and BLC. Thi8 h48 laid the growidwork for a further successEul applicatxon to Arts Council England for £43,650 towards
Burnl¢y Word8 Fe8tival 2025 and legacy activity in partnership with festival producer Culturapedia.
The leaming has ulbo support￿ the development of programming in the Mechanics Theatre, olle example of nots being
that we have fomied a new relationship with Dance Syndrome to deliver programm¢s of inclusive dance which are open
to all, regardless ot physical Ability.
In September 2024 we held the fjrst CulNre Burnley Awards, & highly silocess￿l event attended by around 180 people
pnd 9 awards categories. The event elevated the profile of Burnley's cul￿ra1 wtor and has strengthened local
relationships. This evellt will be held again in 2026.
Collaboration with Burnley College Continues to develop through the Mechanics hosting events, exbibltions and work
placements. We also collaborated oll bringing a perforniance focused on youth mental health to the college. attsnded by
around 100 students.
Page 5

BURNLEY LEISURE AND CtJLTURE
(A COMPANY LThIITED BY GUARANTtI E)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
ACHIEVEMENTS AND PERFORMANCE (COIYTINUED)
Community and Wellbeing
Over the past 12 months, Con]munity and Wellbeing Projects, initiatives, and programmes have continued to expand and
evolve, Among the Icey achievements is thc SUcce￿ful completion alld launch of Padihajn HiveA transfom]td bowling
club and green that now operates as a conimunity hub, encouraging outdoor activity, social engagemenL and local pride.
Another major rnilestone is the introduction of the 10-year Outdoor Town Vision. a lollg-tenn strategy aimed at
embeddillg physical activity into daily life across the borougb. Developed in partneL8hip with the Active Burnley Fornm
and supported by Together all Active Future (TaAF), this visii)n reflects a shatEd commitment from a wide netwo￿ of
local orgallisations, health leaders, and con]munity partne￿ to foster a tnore active, CODnected, aod healthier Bumley.
Over the past 12 months, we've undergone seve￿1 staffing changes, presenting a valuable opportunity to realign our
focus and reAlefine our priorities. We've welcomed a new Health Development Manager, Specialist Health Programme
Manager, and Comtnunity Development Manager, alld we are currendy ill the process of recruitillg two new Sport and
Play Activators. These additions will enable us to strengthen our outdoor and nature-based initiatives, expand famAIy-
oriented activittes, and enELance our specialised health programm¢8 targeting specific l¢)ng-terni conditions,
Looking thead, the next phase of Together an Active Future (TaAF)-known as the Deepening pha8&-brings a great
opportunity for Pet]nin¢ lancasbire. With mor¢ investsnent coming into the ar￿ the focus WAII be on lackling physical
inactivity in three key areas: Health in Primary Care, Active Environments, and Education settings. Burnley IKi8ure and
Culiure (BLC) Ilas been identified as a key parlner in this work and will play an important role in helpillg to deliver these
priorities over the next two ygars.
Conclllslon
As we reflect on a year of growth, innovation, and 8trengthen¢d community ties, Bun]ley Leisure and Culture stand8
poised for an exciting £Liture. Through 8trategi¢ p￿tllerShip8, inveslJnent in people and places, and a comn)itment to
si￿lainabl11tY and inclusivity, we have laid finn foundations for the next phase of our journey. We are proud of the
progress made and energised by the opportunities ahead as we Gontinue to develop the organi8ation to SUPPQrt the heulth,
wellbeing, and culthral life of our Gornmunity.
Page 6

BURNIIY LLI ISUREI AND CUL TURE
(A COMPANYLIMIT£D BY GUARANTEEI )
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCll 2025
FINANCIAL REVIEW
The attached statement of fmanoial activities 8hows how our ￿llas were rAised and applied during the year.
Th18 8tatem¢nt 8¢parat¢8 £und8, which the Gharity itself control8- unrestricted thnds, from funds which have to be spent
in a mann¢r detennined by the donor- r¢stricted ￿nds. In tbis year restricted fiEnds have been received from variou8
grant making bodies.
Looking to the future we will continue to maintsin a tight control overcosts, monitorin¢ome ¢108¢1y, and strive to idelltify
future funding stream8. We aim to ensure that we are well placed to react to any fijrther negative or indeed positive impact
of the economy.
Investment policy
The tru8tee8 regularly monitor the available cash reserves of the charity and seek to maximi8e the ititere8t earned on such
funds,
Reserves policy
The charity has insufficient res¢rve8 to en8ure that it cun d¢al with majorunexpected adverse devclopmen18 Without direct
support fix)m Bumley Borough Council. The trustees maintain a regular dialogue with th¢ Counoil to en8UTe thaL should
ajor unexpected adverse developments attse, ally difficulties that require attention are addre88ed in a mutually agreeable
manner.
The ttustees are confident tltst the tharity has e8tabli8hed divw8ity of operations, sufficient versatility md control of
expenditures of such nature that it is able to adapt to ohanging circumstances that will aris6 from time to time under
norn￿1 business circumstall￿.
The trustees have considered the current adver8e economic climate when reviewillg their reserves policy and are
confident, in light of the changes planned, that the clwity is sufficiently robust and able lo continue operating nonnally
whilst it seeks to achieve these target8.
At the year elld the charity had unr¢8tri¢ted reseLTe8 of £491,661 and restricted reserves of £264,096. In addition to th
re8erves the pension scheme was in Surplus by £4,957,000.
Page 7

BURNLEY LLI ISURLI AIYD CUL TURE
(A COMPANYLIMITED BY CUARANTEE)
REPORT or( THE TRUSTEES
FOR TEIE YEAR EIYDED 31ST IWIARCH 2025
STATEMEINT OF TRUSTEES RtSPONSIBILrriES
The trnstees are responsible forpr¢paring the financial statements in acrordanGe with applioabl¢ law and United Kingdom
Generally Accepted Accounting Practice,
Company law requires the tru8tees to prepare fu]ancial staterAents for each financial year. Under that law the t￿sleeS have
¢leGtsd to prepare the fmanGial stat¢Jn¢nt8 in arxordance WAth the United Kingdom Generally Accepted Accounting
Practice (United I(ingdom Accounting Standards and applicable law), including FR.S 102 tbe Financial Reporting
Standard applicable in the UK and Republic of Ireland, The financial statements are required by law to give a trne and
fair view of the state of affairs of the charitable company and of the surplus or deficit of the charitable company for that
period. In pr¢paring those financkal statsments, the t￿Stee8 are requir￿ to:
6ele¢t suitabLe accounting policieg and then apply them consi8tentIy'
observe the methods and principles in the Charities SORP and FRS 102.
make judgemcnts and estimates that are reasonable and pn￿ent.
state whether applicable UK acoounting standards have been followed, subject to any material departUK8
disclosed and explained in the financial statements,
prepare the fllllmcial statements on the going col￿e￿ basis unl&gs it is itiappropriate to presume that the Clwitable
company will continue in business.
The trnstees are resp)nsible for keeping proper aGoounting record8 which disclose with re￿Onable accuracy at any time
the financial position of the charitable Company and to enable them to ensure th&t the fin[￿cial st&temcnts Gomply with
the Cotnpanies Act 2006. They are also r¢spoll8ible for Safegu￿lAg the assets of the charitable rnpany and hence for
taking reasonable steps for the prevention and detection of fraud and other irregularities.
The t￿￿treS are responsible for the maillten&llce and integrity of the GOQ)orate and finan¢ial infonnation included on the
charitable company's webslte. Legislation in the United Kingdorn governing the preparation md dissemination of
financial statements may differ from legA81ation in other jurisdictions.
STATEIVIENT AS TO DISCLOSURE ofi IL¥FORMATION TO AUDrroRS
So far a8 the trnstees are aware, there is no relevant inforniation (as defined by Section 418 of the Companies Act 2006)
of which the c]]aritabl¢ Comp￿ly'S auditors are unaware, and each trustee has taken all the Steps that they ought to have
talcen as a tru8t¢e in order to make them awar¢ of any audit information and to establish that the charitable company's
auditors are aware of that infornL8tion.
AUDrroRS
The auditor8, Ainsworths Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.
This report has been prepared in accordance with the specxal provi8xons of Part 15 of the Compatiie8 Act 2006 relating to
small companies.
01¥4 BEHA[￿ or( TIIE BOARD,.
D Livesey
Chair
Dats., 20tlb October 2025
Page 8

REPORT OF THLI ]ND[I PEIYDENT AUDITORS TO THE MEMBERS OF
BURNLEY LEISURE AND CULTURE
{A COMPANY LIMrfLI D BY GUARANTEE)
Oplnlon
We have audited the fll)ancial statementg of Bumley I*i8ur¢ and Culture (the 'charity') for the year ended 315t March
2025 which comprise the Statement of Fitian¢ial Activities, Balance Sheet, Cash Flow Statement and Note8 to the
Financial Statements, including a 8umw of 8ignifioant a¢¢ounting policie8. The fmanGial reporting framework that
has been applied in their preparation 18 applicable law and United Kingdom Acoounting Standards, including FIn￿claI
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (Unkted
Kingdom Gen¢rally Accepted Accounting PraGtice).
In our opinkon the fmancial statemgnts.,
giv¢ a true and fair view of the state of the oharity's affairs as at 3 1st March 2025 and of its incomillg resources and
application of resour￿8, inoluding its income and expendittwe, for the year then ended,
have been properly prepared in accordance with United Kingdom Generdlly Accepted Accounting Practice. and
have been prepared in accordance with the Lrquirements of the Companies Act 2006.
Basis for opinion
W¢ conducted our audit in accordance with International Standards on Auditing (UK) (ISA8 (UK)) and applicable law.
Our responsibilities under those st￿dardS are ￿rther described in the Auditors, responsibilities for the audit of the
financial statements section of OUT ￿port. We are independent of the charity in accordance witb the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'8 Ethical Standard,
and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit
evidcnce we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusion relating to golng concern
In auditing the fllwicial staterllents, we have concluded that the directors, use of the going concern basis of accounting
in the preparation of the financial 8tat¢tnents is appropriate.
Based on the work we have perfom]ed, we have not identified any materAal uncertainties relating to events or conditions
thaL individually or collectively, n￿Y cast significant doubt on the charity's ability to ¢ontinue as a going ¢on¢em for
a period of &t least twelve months from when the f￿all¢la1 statements ar¢ autborised for issue.
Our responsibilities and the responsibilities of the dir¢¢tors with re8pe¢t to going GonGern are de8CTilTred in the relevant
sections of this report.
Other Anformatlon
The trustees are responsi￿1¢ for the other infomation. The other infoiination comprises the inforniation in the Report
of the TnJst¢e8, but does not include th¢ financial 6tat¢m¢ut8 and our R¢port of the Auditors tbereoll.
Our opinion on the financial ststements does not cover the other inforniation and we do not express any fonn of
assurance con¢lu8ion th¢T¢O
In ¢onn¢ctioll witb our audAt of the f￿anCIal State￿ents, our responsibility is to read the other inforniation and, in
doing 80, consider wbetber the other infornlation is materially inconsi8t¢nt with the fil￿ncIal stat¢￿ents or our
knowledge obtained ill tbe audit or otherwise appears to be materially misstated. If, ba8ed on the work we have
perf0m1￿, we conclude that there is a material mi&8tat¢mellt of this other illfonnation, we are required to report that
fact. We have nothing lo re￿rt in this regard.
Opinion on other matters pre8¢ribed by the companie.s Aet 2006
Ill our opinion. bused on the work undertaken in the course of the audit:
the inforniation given in the Re￿rt ol the Trnstees, which iticludes dir¢¢tor8' report and strateEl¢ report for the
purposes of company law, for Èbe fmancial year for which the fman¢ial statements are prep￿ed is consistent with
the f￿￿￿claI statements. and
the Strat6gic Report and the Directors, Report included withill the Report of the Trustee8 has been prepared ill
accordance with applirablg legal requirements.
Page 9

RLI PORT OF THE INDEPENDENT AUDITORS TO THII MEMBERS OF
BURNLEY LEISURE AND CULTURE
(A COMPANY LIMITED BY GUARANTEE)
Matters on whiell we are required to report by exeeption
In the light of the l(nowl¢dg¢ and understanding of the company and its environment obtained in th¢ course of tbe ￿dIt,
we have not identified material xnisstatements in the Report of the Trustee8.
We have notbing to report in respect of the following matters where the Companies Act 2006 requires us to report to
you if, in our opinion,.
Adequate andproper accoulltitig records have notbeen kept, ot returns adequat¢ for our audit have not beenreceived
from branches not Vi8it¢d by us. or
the financial 8tat¢m¢nts are not in agreement with the ￿CoUntIng re¢ord8 and rekn. or
certain di8¢108ure8 of trusiew, remuneration specified by law are not made. or
we have not received all th¢ inforniation and explanations we require for our audit. or
the trustees were not entitled to prepare the financial statements in aGcordanGe with the small companies regime and
take advantage of the small Companies, exemption from the requirement to prepare a Strategic Report or inprep&ring
the R¢port of the Trustees. oi
Material misst24tement in the strategic report or dir¢¢tor8' report inoluded within the t￿stee8 rq)ort
Responsibilities of trustees
As explain￿ more fidly in the Statement of'fru8tees' Responsibilities set out on p&ge 8even. the tMstee8 (who are also
the diTeGtor5 of the Gharitable company for the pury)ose8 of company law) are respon81ble for the preparation of the
.fInancial statements and for being Satisfied that they give a true and fair view, and for such internal Gontrol a8 the
trustee8 deterniine neces5Ary to enable the preparation of fmancial statements that are free from material misstatemellL
whether due to fraud or error.
In preparing the financtal ststements, the ttW8tees are rexwnsible for as8e8sing the Ch￿l￿S ability to continue as a
going concern, disclosing, as applicable, n￿tterS relatd to going concern and using the going concern basis of
acco[￿ting unle&8 the trnste¢s eitherintend to liquidate the charity or to cease operations, or hav¢ norealistic alternative
but to do 80.
Oitr respollslbllities for the audlt of the financlal stateAllellts
Our objectives are to obtain reasonable a￿￿Tance about whether the fllwi¢ial 8tat¢tnents as a whole are free from
material rnisstatwnent, whether du¢ to fraud or em)r, and to i88ue a Report of the Auditors that includes our opinion.
Reasonable a8surnn¢¢ is a high level of a88uran¢e, but is not a guarantee that an audit ¢ondu¢ted in accordance with
ISAS (UK) will always detect a material misststement whell it exAsts. Misststements can arise from fraud or error and
are Consider￿ material if, individually or in the aggregate, they Gould reasonablybe expect¢d to influence th¢ eoonornic
decisions of users taken on the basiy of the8e fllwncAal 8tatements.
and assessin
otential risks related to irre
U]￿ltieS
In identifying and a&ses8ing risks of material mAs8tatement in respect of irregularities, we considered th¢ following:
the nature of the industy and seGtor, control environment Emd business perforniancg"
Tesults of our enquiri¢s of manag¢ment about their own identification and as8¢83ment of the risks of
irregularities.
any matters we identified having n￿le enquiries of management about tbeirpolicies and procedures relating to:
identifying, evaluating and complying with laws alld regulations and whether they were aware of any
Instan￿ of noncompliance.
detecting and r&8ponding to the risks of fraud whether they have knowledge of any actual, suspected or
alleged fraud.
> the intsrllal controls established to mitigate risks of fraud or non-compli￿¢¢ with laws and regulations.
the mutters discussed among the audit engagement team regarding l￿W and where frdud might 0￿ur in the
f￿anCial statements and any potential indicators of fraud.
AS a result of these procedures, we considered the opportunitAes and incentives that may exist within the organisation for
fraud. tn common with all audils under ISAS (UK), we are a180 required to p¢rfom] 8pKi&c procedures to respond to the
risk of management OVe￿Ide.
Page 10

RFPORT OF THE INDEPELYDII NT AiTDITORS TO THE MEMBERS OF
BURIYLEY LEISUREI AND CULTURE
(A COMPANY LDIITED BY CUAIL4F4TEE)
We also obtained an understanding of the legal and regulatory frameworl(s that the ¢on)pany operates in, focusing on
provisions of those laws and Tegulattons that had a direct effect on the deterniination of material amounts Jlld
disclosures in the fmanoial statements. The key law8 and regulations we considered in this context included the UK
Companies Act and local tax legislation.
In addition, we considered provisions of other law8 and regulation8 that do not have a direct effect on the financial
statements, but ¢omplian¢e with whi¢b may be ftmdamental to the company's ability to operate.
Audit res
on8e to risks identified
As a result of perforn]ing the above our procedures to respond to the risks identified in¢Luded tbe following.,
reviewing the financial statements disclosure and testing to supporting docutllentation to assess compliance with
provi8ion8 of relevant laws and regulations described as haNing a dire¢t effect on the financial statements.
enquiring of management about actual and pot¢ntial litigation and claims.
perfonnAng analytical procedures to identify any unusual or uneKpe¢Éed relatioll8hip8 that may indicate rA8k of
nMterial tnisstatement due to frdud,
in addressing the risk of fraud through tnanagement override of controjs, testing the appropriateness of journal
entries and other adjustrnents. a88essing whether tbe judgements made in making accounting e8timate8 are
indicative of apotential bias. and evaluating the business rationale of ally significant transactions that areunusual
or outside the norrrtal course of business.
We also communicated relevant identified laws and regulation8 and potential fraud risks to all engagement team
members and remained alert to any indicatiDn8 of fraud or non-compliance with laws and reguiatiolls throughout the
audit.
A fuLtherdescription of Durresponsibilities for the audit of the finallcial statement8 18 locatsd on the FinancialReporting
Council's website at www.frc.0rg.uklaudito￿eSponsIbIIitIes. This description forms part of our Report of the Auditors.
Use of our report
This report is rnade solely to the charity's tnembers, as a body, in accordance with Chapter 3 of Part16 of the Companies
Act 2006. Our audit work has been undertaken 80 that we might state to the charitable company's trustees those matters
we are r¢quir¢d to state to them in a Report of the Auditors alld for no otherpurpose. To the ￿lIest extent pern]itted by
law, we do not accept or assume responsibility to anyone other than the charitsble CO￿panY alld the charitable
company's tnistees a6 a body* for our audit work, for this reporL or for the Opillions we have fomLed.
Mark Sunter (Senior Slathtory Auditor)
for and on behalf of Ainsworths Limited
Chartered Accountants
and Stattitory Auditors
Charter House
Stansfield Street
Nelson
LanGashire
BB9 9XY
Date: 20th OGtober 2025
Page 11

BURNLEI Y LEI ISURE AND CULTURI
(A COMPANY LIMITED BY GUARANTEE)
SI'ATEMENT OF IflNANCIAL ACTIVITIII S ONCLUDING INCOME AND EXPEIYDITtiRE ACCOUNT)
FOR THEI YLI IgR ENDED 31ST MARCH 2025
31,325
Total
fund8
31.3.24
Total
Ft]nds
Unrestricted
funds
Restrieted
funds
Notes
COME
Illcome from charitable activities:
Grant inwme
Operation of leisure and arts f&cilities
80,008
7,278,400
409,683
140,785
489,691
7,419,185
694,749
6,448,077
lllvestment income
16,566
7,374,974
Total income
550,468
7,925,442
7,157,338
EXPENDrruRE
Ralsing fllnd5
Chayltable activltie8:
Operation of leisure and arl8 facilities
Other
Balance of pen8ion scheme operating charge
Net ititsrest on pengion s¢heme liability
Total expenditure
781A86
781,486
645,522
0,497,570
535033
7,033,403
6,492,712
19
19
(20,000)
158 000
(20,000)
158,000)
7,636,889
40,000
94,000
7,084,234
7,101,056
535,833
NET INCOllltI l(IXPlI NDITURfi)
Other recogllised gains and 1058e8
Pension scheftne aCtU￿la1 gains
273918
14,035
288,553
73,104
19
1,811000
1,811,000
1,143,000
NET MOVEMENT IN FUND8
2,084,918
14,635
2,099,553
1,216,104
RECONCILIATION OF FUNDS
Total funds broughl fDrivard
3J63,743
249,461
3,613,204
2,397,100
'roTAL FUNDS CIIRRIED FORWARD
5,448,661
264,096
5 712 757
3,613,204
The stateÉnent of fwancial activities includes all gains and losse8 recognised ill the year.
All income and expertditure are derived from continuing activitie8.
Page 12

BURNLLI Y LLISURE AND CULTURE
(A COMPANY LIMITED BY GUARAN￿￿{ )
BALANCEI SHEEI T
AT 31ST MARCH 2025
31.3,25
31,3,24
Note8
FIXED ASSETS
Tangible assets
io
369 634
268 570
CURREIYT ASSETS
Stock
Debtor3
Cash at bank and in hand
li
12
147,441
236015
715,680
139,726
260,766
611,287
1,099,436
1,011,779
CURRENT LIABILITIES
Amouftts falling due within one year
13
(713,313)
(595J25)
NEIT CURRENT ASSETS
386,123
416,454
TOTAL ASSETS LESS CURRENT LIABILrriES
755,757
685,024
LONG TERM LIABILlu￿s
Amounts falling due after ong ygar
14
39,820
NET ASSETS EXCLUDING PE( NSION
SCHEME
755,757
645,204
PENSIOL¥I SCHEME SURPLUS
19
4,957,000
2,968,000
NET LIABILrrIEs INCLUDING PENSION SCHEI ME
5,712 757
3,613,204
riUNDS
Unrestricted fimds
Restricted funds
Pension sch¢m¢ surplusl(deficit)
17
18
491,661
264,096
4,957,000
395,743
249,461
2,968,000
TOTAL FUNDS
5 712 757
3 613 204
Page 13

BURIYLEY LLI ISURE AND CULTURI
{A COMPANY LJMITLI D BY GUARANTEE)
BALAFJClli SHEET
FOR THE YEAR ENDED 31ST MARCH 2025
The tru8tee8 have prepared the accounts in a¢cordan¢e with section 398 of the Companies Act 2006 and section 138 of
the Charities Act 201 l. These financial statsments have been prepar¢d in accordance with the 8pecial provision8 of Part
15 of the Companie8 Act 2006 relating to small charitable companies and with the Financial Reporting Standard 102
(effective 1st January 2019).
The finmcial &tatemellts were approved by the Board of Trustees on 20th October 2025 and were Signed on its behalf by:
D Live8ey
Chair
Page 14

BURNL￿y LEISURE AND CULTURE
(A COMPANY LIMITED BY GUARANTEEI)
CASH FLOW STATIMENT
FOR THE YEAR ENDED 31ST MARCII 2025
31.3.25
31.3.24
Notes
Cash flows from charltable activitie4
Cash generated from activities
Net Ca8h from charitable activities
335,816
198,516
335,816
198,516
CHsh tloiY$ from flnanclng and Investing a¢tivities
14ixed asset additions
Interest received
New loan in the year
Loan repaymsnts iti tb¢ year
(195,998)
16,566
(198,840)
14,512
51,991
(51991)
Net cagh from firtancing activities
(231,423)
(132,337)
IllcreaseJ(decrea8e) In cash and eash eqlllvalent8
104,393
66,179
Cash and cash equlvalents at the beginnlng of the year
611,287
545,108
C&sh and cash equivalents llt the end of the year
715,680
611287
Page IS

BURNLLI Y LEISURE AND CULTURE
(A CO￿ANy L￿￿IT￿l D BY GUARANTEE)
CASH FLOW STATEMlli NT
FOR THE YEAR ENDED 31ST MARCH 2025
RECONCILIATION OF SURPLUSI(DIFICIT)'TO CASH CENERATED FROM ACTIVITIES
31.325
31,3.24
Surplus for the year
Interest received
Depreciation
Loss on disposal of assets
2,099,553
(16,566)
90,008
4,926
1.216,104
(14,512)
74,138
2,177,921
(7,715)
24,451
130,159
(1,989,000)
1,275,730
(14,761)
73,326
61,221
(1,197,000)
Increase in 8tooks
Decrease in trade and other debtors
Ittcr¢as¢ in trade and other or&litor8
(Increase) in pension scheme surplus
Cash generated from charltable aetivitie$
335,816
198,516
CASH AND CASH EQUtVALENTS
The amounts disclosed on the Cash Flow Statement in respect of cath and cash equivalents are in respect of th#8e
Balance Sheet amounts..
Year ended 315t March 2025
31.3.25
1.4.24
Cash and ca8h equivalents
715,680
611,287
Year ended 31st March 2024
31.3.24
1.4,23
Cash and Gth ¢quivalent8
611,287
545,108
Page 16

BURNLEY LEISURE AND CULTURE
(A COMPANYLIMITED BY GUARANTKE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEI D 31ST MARCH 2025
ACCOUNTING POLICIES
Company Informatloll
Bundey Leisur¢ and Culture is a clwitable company, limited by guaralltee, registered in England and Wales, The
ch￿Ity'S r¢gi8tered number &nd registered office address can be found ott the Company Inforn]ation page. Each
member's personal liabilAty is limited io an amount not ¢xceeding £1,
Basi8 of prepAriTrg the financial statements
The fLllancial 8tatements have been prepared in accordance with applicable accounting standards.
The fu￿nCIal statements have been prepared on a goitig concern b&8is which a￿umeS that the compatty will be
able to meet its liabilities as they fall due. The relat¢d party, Burnloy Borougb Coullcil, have confimied their
support to Lhe charity by the offer of financial 8UPPOrt in the following fmancial ye￿. They have continued the
pri)vision of grdnt support and continued 8UPPOrt of the charity in its Cash flow requirements. Accordingly, the
trnstees h&vc concluded that it is appropriate for these fmtmcial Statements to be prepared on the going concem
basis.
Accounting convendoll
The financial statements have b¢en prepared under the historlcal cost convention, and in accordanGe with
AGcounting and Reportillg by Charlties: Statement of Recommended Practice applicable to cEwities preparing
their accounts in accordance with the Financial Rq)orting Standard applicable in the UK and Republi¢ of Ireland
(FRS 102) (effective I. January 2015)- (Charities SOBF (FRS102)), the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102), the Companies Act 2006 and the Charities Act 2011.
Burnley Leisure and Culture meets the definition of a public benefit entity under FRS 102. A85ets and liabAliti&s
are initially recogllised at hi8tori¢al wst or transaction Vah￿ unless otherwise stated in the relevant accounting
policy note,
Ineomlng resoiirces
All incoming resour¢es are included on the Statement of Financial Activities when the charity 18 legally entitled
to the in¢0￿e and the amount can be quantified with reasonable a¢ouracy. IncoJn¢ 18 the amount derived from
ordinary activitie8, and Stated after trade discounts, other sale8 taxes and net of VAT,
Grant8 re¢eivable Ar¢ accounted for when due. Income 18 deferred when it is recFived in advance of the pttriod to
which it relates.
Investment income is recognised on a receivable basis.
Resources expended
Expendittwe 18 accounted for on an aGGrnals basts and h&s b¢en Classified under headings that aggregate all c08t
related to the category. Where costs cannot be direGdy attribLlted to particul￿ headings they have been allocated
to activities on a ba818 consistent with th¢ use of resources.
Clwitable expenditure Comprises ￿ose wst8 incurred by the charity in th¢ delivery of its activities and services
for IL8 bellefiGiari¢8. It includes both costs that can be &llocated directly to Such activities and those costs of an
indirect natur¢ nece88ary to 8UPPOrt them.
Governkm¢e costs include those costs associated with meeting the con8titutional alld statutory r¢quirernents of the
Gl]aTity and include audit fees and costs linked to the strategic management And administration of the charity.
All 8UPPOrt costs are allocated b¢tw¢en the activity expenditure Gategories on a basis de8igned to refiect the use
of the resources. Support costs are apportion¢d on an appropriate basis e.g. time spent, floor areas, or estitnated
usage.
Page 17

BuRNI￿y LEISURE AND CULTURE
(A COMPANY LThIITED BY GUARANTEE)
NOTEI S TO THEI fi INANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
ACCOUIYTII¥4G POLICIES (CONTINUED)
Tanglble Ilxed assets and depreclatlon
Depreciation is provided at the following annual Tate8 in order to write off each asset over its eslimated usefill lifo
or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and Fittings
loo/￿33￿/0 on cost
Fixed assets
The fmancial statements do not include the cost of land, buildings and equipment used at nominal rentbyBurnl¢y
LeAsure and CulttLre, whose title rests with Bumley Borough Counoil. It is not practicably possible to altribute a
value to thÉs benefit.
T&ution
The charity is exempt from corporation tax on its ch￿Itab￿ activities.
Fund &ccoiindng
Unrestricted funds can be used in accordance with the charitable obj￿tiveS at tlLe discretion of the trustees.
Re8trKcted funds only be used for particular reslrictsd purpo8e8 within the objects of the charity. Restrictions
arise when specified by the donor or when fmnds are raised for particular rcstricted purposes.
Further explanatiort of tbe nature and purpose of eaoh fimd is included in the notes to the financial statements.
Pension costs and otlier post-retlrement benefits
The charity participates in a de[￿ed benefit scheme. Although the scheme is a multi-employer scheme it is
possible to allo¢ats a share of the a8setB and liabilities to the charity and hence contributions are accounted for a8
a defined bonefit scheme in ac¢ordan¢e with FRS 102.
Stoek
Stock is valued at the lower of cost and net realisable value, after making due allowances for slow and obsolete
items.
Stock 18 valued on a first in first out basis on historic,al cosL
Leasing
Rentals payable under operating lea8e8 are clwged against iJ¢ome on a straight Iin¢ basis over the lease te￿.
Debtors
Short tern] debtors are measLued at transaction price, less ally impaimLent,
Credltors
Short tem creditors are nLea&ured at transaction price.
Significant Judgements and estlmates
Preparation of the financial statements r¢quires management to make signtficant judgements and estimates. The
ajor item in the financial statements where these judgements and estimat¢8 must be made is in relation to the
pension 8cheme. Management con8uIt with experts to provide appropriats assumptions on which to calculate
projected funding position for the scheme. Details of the assutnptions within the calculations to derive the net
value of the pension fund are 8hown within note Ig.
Page IS

BURNLEI Y LEISURE AND CULTUR
(A COMPANYI,IMITED BY GUARAIYfEE)
NOTEI S TO THE FINANCIAL STATEMENTS
IOR THE YEAR ENDED 31ST MARCH 2025
ACCOUNfiNG POLICIES {CONTINUED)
Slgnlflcant judgements Iwd estimates (eontlnued)
There has been sub8talltial volatility in fmancial markets over recent years due to global wars, and their subsequent
impact on global supply chains and infiation. These have Co1￿CqUenCeS for asset and liability value4 and this is
reflected in the 2024125 accounting figures.
CHARITABLE ACTIVITIES- GRANT INCOME
31.3.25
31.324
Sport England
Lancashire County Council
HAF
Active Lancashire
Word8 Fe8tival
Cardiao R¢habilitation
Bumley Borough Council
Arts Council England
Stocks ma￿eY
Partner contribution8
Business Health Matters
Burnley) Pendle and R08sendale CVS
Climate Action Fwld
168,562
80,626
77,328
68,000
40,525
29,384
18,223
10,450
8,600
1,567
1,333
239,979
69,882
111,058
29,400
27,000
25,196
83,690
4,000
59,637
30,000
14,907
(14,907)
Total
489,691
694,749
In 2024, of the tot￿ grallt income, £611,229 was restricted and £83,520 was unrestricted funds.
CHARfTABLEI ACTIVITIES- OPII RATION ofi fiACILITIES
31.3.25
31.3.24
Burnley Borough Council annual contract fee
Income from the operation of leisure and arts facilities
1,129,315
6,289,870
7 419,185
951,063
5,497 014
6,448,077
tn 2024, of the total clkaritable a¢tivitie8 inwne, £278,874 was r￿tricted and £6,169,203 was unre8trict¢d funds.
Page 19

BURNLEI Y LEI ISURE AND CULTUR
(A COMPANY LIMITED BY GUARAWfEE)
NOTFS TO THEI FINAF4CIAL STATEMEN'TS
FOR THE YEI AR LNDED 31ST MARCH 2025
RAISING FUNDS
Unrestricted
Ilunds
Restrletsd
Funds
Total
31.3.25
Total
31,3.24
Staff costs and allowallo¢8
Premises expenses
Supplies and 8ervice8
Transport expenses
Bu8ine8s and te¢hniG&l support (See note 6)
450,272
27,049
271,816
1,059
312SIO
781486
450,272
27,049
271,816
1,059
31,290
781486
377,231
17,935
220,188
818
29,350
645 522
Ill 2024, of the total costs of charitable activities, £nil wa8 re8trictsd and £645,522 was unrestricted thndg.
COSTS OF CHAIUTABLE ACTIVITIES
Unrestrlcted
Funds
Restricted
Fund5
Total
31.3.25
Total
31.3.24
Staff costs and allowances
Pr6mise8 expenses
Supplies and services
Transport expenses
Business and technical support (8ee note 6)
Governance cost8 (see note 6)
3,623,228
235,937
2J41,174
8,936
281,645
6,650
6 497 570
429,216
7,505
98,516
596
4,052,444
243,442
2,439,690
9,532
281,645
3,838,859
162,463
2,212,678
8,417
2fv1,145
7,033,403
6,492,712
In 2024, of the 10t￿ Costs of charitable activities, £958,129 wag restiictsd and £5,534,583 was untestricted funds,
Included in the above ￿e governance and support costs. These costs have been allocafrd using an element of
judgement as the charity has had to consider the costlb¢n¢fit of detailed calcullltions and record keeping.
Therefore, support costs have been allocaknl acoordingly to proportion of direct CQ6ts in¢urr¢d within each
charitable activity.
GOVEI RNANCE AND SUPPORT COSTS
31.3.25
Total
fwids
31.3.24
Total
Ful￿8
Unrestricted
funds
Restrictsd
funds
Busines8 and teckniGal support
Audit Services
Non-audit 8ervice8
312,935
5,700
950
312,935
5,700
950
293,495
5,250
900
319,585
319 910
299,645
In 2024, of the total governance alld support costs, £nil was restricted and £299,645 was unre8tri¢t¢d fill￿8.
Page 20

BURNLEY LEISUR[ AND CULTUREI
(A COMPANY LIMITED BY GUARANTEE)
IYOTES TO THE f4lNANCIAL STATEMENTS
FOR THE YEAR ENDEI D 31ST MARCH 2025
IYET OUTGOINC RESOURCES
Net resources are stafrd after charging..
31.3.25
31.3.24
Auditors, remunerntion
DepLrciation
6,650
6,150
74,138
TRUSTEI ES, REMUNERATIOFI AND BELYEI FITS
Trustees, RemunerAtAon
During the yeaT remuneration of £18,852 (2024: £43,995) was paid to two (2024: one) employee twstees, in
relation to their employment dutie8. These payments are authorised by the Articles of Association. No trnstees
received rernuneA2tion for their roles as trust¢¢s for the year ended 31st March 2025 nor for the year ended 3 i&f
Marcll 2024.
Trustees? Expenses
There were no trustees, expenses paid forthe year ended 3 1st March 2025 nor for the year ended 318t March 2024.
STIIFF COSTS
31,3,25
31.3.24
Wages and 8alarAes
Social security costs
Other pension costs
3,759,010
271,408
472 298
3,755,429
263,650
445 157
4,S02,716
4 464 236
The average monthly number of employees diwing the year w&8 as follow8..
313.25
31.3.24
Employee5
201
188
Employees earning more than £60,000 during the year:
31325
31.3.24
£60,001- £75,000
The above staff men]ber participated in the defm¢d bellefit pension scheme. ContributioJL8 of £11,070 (2024..
£10,800) were made in relation to this individual.
The total remuneration paid to Key Managetnent P¢r80nnel was £334,118 (2024.. £237.186).
Page21

URNLEY LEISURE AND CULTURE
(A COMPANY LIMITED BY CUAIL4NTLE)
N(yrEs TO THEI FINANCIAL STATEMENTS
FOR THEI YEAR EI4DED 31ST MARCH 2025
10.
TANGIBLE FIXED ASSETS
Flxthtres
and
fittings
COST
At Igt April 2024
Additions
Di8posal8
At 318t March 2025
423,689
195,998
7 J76)
611711
DEPRECIATION
At 1st April 2024
Clwge for year
Eliminated on disposal
At 31St March 2025
155,119
90,008
(3,050)
242 077
NET BOOI< VALUE
At 31° March 2025
369,634
Al 31st March 2024
268 570
11.
STOCK
31.3.25
31.3.24
L£isure centre stock
Towneley golf stock
Bar and catering
15,292
63,251
68,898
13,895
46,769
139 726
12.
DEBTORS: AMOUNTS FALLINGDUE WITHIN ONE YEAR
31J.25
31.3.24
Trade debto
Prepayments and accruejj illcome
Other debtors
202,301
34,014
235,791
24,975
236
260 766
Page 22

BURNLEY LEISUREI AND cifL TUR
(A COMPAIYY LIMITED BY GUAIiANTEE)
NOTES TO THE fiNANCIAL STATtI MENTS
FOR THE YCI AR ￿lDED 31ST MARCH 2025
13.
CRtI DITORS: AMOUNTS FALLLVG DUE WITHIN ONE YEAR
31.3.25
31.3.24
Trade creditors
Accruals and defetred income
Other creditors
Hire purchase contracts
327,324
314,966
71,023
181,511
251,411
150,232
12.171
595,325
713,313
14.
CREDITORS: AMOUNTS FALLING DUE AFTERMOREI THAN ONE YEAR
31.3.25
31.3.24
Hire punhase contracts
15.
OPERATTNG LEASLI COMLVItTMEP4TS
The following operating lease payments ar¢ ¢ommitted and fall due as follows..
31.3.25
31.324
xplry date:
Within l year
Between one and fiv¢ years
8,410
8.810
16.
ANALYSIS ofi Nf( T LIABII.ITIES BETWEEN FUNDS
31,3,25
Total
fullds
31.3.24
Total
Funds
Unrestrleted
funds
Reslrlcted
funds
FiJ(ed a8sets
Current asset8
Current liabiEities
Long term liabilities
Pension 8ch¢m¢ 8UTpIu8
369,634
835J40
(713013)
369,634
1,099,436
(713,313)
268,570
1.011,779
(595J25)
(39,820)
2 968 000
264,096
4 957,0(H)
5 448 661
264 090
5 712 757
Page 23

BURNLLI Y LEISURE AND CULTUREI
(A COMPAIYY LIMITED BY GUARANTEE)
NOTES TO THEI filNANCIAL STATEI MEI NTS
FOR THE YEI AR NDED 31ST MARCH 2025
17.
UNRESTRIcfED FUNDS
Pensloll
surplus
General
funds
DeslgnRted
fund8
Total
fulld8
Bal8￿Ce at 1st April 2024
Net income / (expenditure)
2,968,0011
1,989,000
283,956
18,005
111,787
77,913
3,363,743
2.084,918
4 957 000
301961
189 700
5 448 661
Pury08¢s of deslgnrdted funds
The trn8tee8 have designated ftu)ds to assist in the flltl￿e development of the charity and the upgrading of facilities.
Genei'al fimd
The general fund consists of the total of free r¢8erves available to spend on the objective8 of the charity.
18. RESTRICTED FUIWS
At i&t Aprll
2024
Incomlng
re8our¢es
Outgoing At 315t March
resources
2025
Project fund
Active Streets
Beat the Street
clin￿te Action Fund
Holiday Activities and Food programme
Healthy Lifestyles
Hug Burnley
Ernest Trust
Pride of Place
Words Festival
90,887
47,983
36.000
(14,￿)7)
59,495
79J75
36,000
14,907
6,975
100,536
31,156
640
412278
28,814
6,329
89,346
4,071
19,000
401,088
1,729
19,000
14,050
45,525
550 468
5,000
19,050
249,461
535,833
The restiicted grants received in the year have been aat¢gorised above.
19.
PEIYSIOIY ARRANGEMENTS
The charity participate8 in the Lancashire County Pension Fund which is a ￿nded defined benefit scheme
providing benefits based on f￿81 remuneration, The assets of d]e scheme are held separately from those of the
clwity. Whitst thi8 is a multi-employ¢r s¢h¢me, the acNary is able to segregate the assets and liabilities relating
to the oharity. During th¢ year, nonnal employer pension eolltributions of £472,298 (2024: £445,157) were paid
to the s¢h¢me.
Page 24

BURNLEY LEISURE AND CUL TUR
(A COMPANY LIMITED BY GUARANTEEI )
NOTES TO THE FINANCIAL STATLI MKNTS
FOR THEI YEAR ENDED 31ST MARCH 2025
19.
PENSION ARRANGEIMKNTS (CONTll¥UED)
The following calculations a8 at 316L March 2025 have been provided by the actuarie4 Mercer Limited, using the
projected unit costs method. Prinoipal actuarial asgLunption8 U8¢d by the actLWy were follows:
31.3,25
31.3,24
Rate of CPI inflatioll
Rate of illcrease in salaries
Rate of increase in pensions
Discount rate
Life expectancy of a nlale hture pensioner aged 65 in 20 year8,
time
Life expectancy of a female ￿tUre pen8ionor aged 65 Ill 20 years,
time
Life expectancy of a male currenl pensioner aged 65
Life expectan¢y of a female current pensioner aged 65
2.60
4.10
2.70
5.90
22.3
2,60
4.10
2.70
4,90
22,40
25AO
25.30
21.10
23.60
21.10
23.50
The amounts recogni8ed in the balance sheet are as follows..
31J.25
31.3.24
Present value of funded obligations
Fair value of plan assets
Net pension surplu81(deficAt)
(9,089,000)
14,046,000
(10,261,000)
13229,000
2,968 000
Andysis of amounts charged to the Statetnellt of Financial Activities..
31.3.25
31.3.24
Operatlng charge
Current service cost
Administration expenses
Total operating clwge
435,000
19,000
467,000
18,000
31.3.25
31.3.24
Other finance costs
Expected return on pension s¢h¢me assets
Interest ort pensioll Schen￿ liabilities
Net (income)Ichatge
(658,000)
500,000
158 000
(563,000)
469,￿0
31.3.25
31.3.24
Total charge to resouT¢es expended in Staten]ent of Fillancial Activiti
296,000
391,000
Pag¢ 25

BURNLEY LEISURII AND CULTUR
(A COMPANYLIMITED BY GUARANTEE)
NOT￿ TO THE FINANCIAL STATEMENTS
FOR THE YEARENDED 31ST MARCH 2025
19.
PENSIOPI ARRAIYGII MENTS (CONTINUED)
Analysis of the actuarial gain8 and1088e8 8hown in the Statsment of Financial Activities..
31.3.25
31.3.24
A¢tuarial gains1{lo￿O8) on assets
Actiwial gain81(1088es) on liabilities
(207,000)
2 018 000
432,000
711,000
AcNaRial gain l (loss) recognised
1,811000
1143,000
Change8 in the fair value of the defjned benefit obligation are a8 follow8..
31J.25
31.3.24
Opening defmed beneflt obligation
Current service cost
Intercst on pension scheme IAabilitie8
Enlployee contributions
Actuarial (gainsylosses
Benefits paid / transfers
10,261,000
435,000
500,000
192,000
(2,018,000)
281,000
9,945,000
467,000
469,000
180,000
(711,000)
s9,[￿0
Closing defined benefit obligations
9 089 000
10,261.000
Changes ill tELe fair value of plan a￿ets are as follows:
31.3.25
31.3.24
Opening fatr value of plan a88ets
Expected return on plan assets
Acttiarial gain81(Ios8es)
Employer contribiitions
Employee wntributions
Admint8tration expense8
Benefits paid i transfers
13,229,000
658,000
(207,000)
474,000
192,000
(19,000)
(281,000
11,716,000
563,000
432,0(10
445,000
180,000
{18,000)
89,000
Closing fair value of plan as8ets
14 046 000
13,229 000
The split of asset8 between investment categories 18 us follow8.'
31.3.25
31.325
31.3.24
31.3.24
Equities
Governmellt bond8
Olher bonds
Property
Ca8hlliquidity
Otber
13,000
o.io
14,000
0.10
14,000
169,000
211,000
13 639,000
o.io
1.20
1.50
97.10
13,000
172,(M)O
238,000
12 792,000
o.io
1.30
i.so
96.70
14,046,000
loo.00
13 229 000
100.00
Page 26

URNLKY LLI ISURE AND CULTURE
(A COMPANY LIMITED BY GUIllL4NfEE)
NOTES TO THE FINANCIAL STATEMII NTS
FOR THE YEAR ENDED 31ST MARCH 2025
19.
PEIYSION ARRANGEMENTS (CONTINUED)
All￿unts for the current and previous periods are as follow8:
31.3.25
31.3.24
31.3.23
Defined ben¢fit obligation
Platt a88ots
(9,089,000) (10,261,000) (9,945,(K)O)
14 046 000
13 229 000
11716000
Surplusl(deficit)
4 957 000
2,968,000
1.771000
A full actuarial review of the gcheftne was uadertaken as at 3 1st March 2025.
Following the ￿11 aCti￿la1 valuation, etnployer contributions were agreed to 8tsy at a rate of 8.80010 with effect
from ISI April 2025.
The Gu￿ellt estimate of employer contributions for the year end¢d 31" M￿Ch 2026 18 £474,000. Implied Service
cost is estimated at £284,000 and a net interest 84nd administration income at £287,000 resulting in the surplus
iIICTea8ing by an estin]ated £471,000 to £5,428,000,
20.
RELATED PARTY IJiANSACTIONS
Underan agreement dated 25 March 2014, the charity acquired the use of the community arts and leisure facilities
in the Bumley area from Bumley Borough cou￿11, a related party by virtue of its grant ￿ndIng to the charity.
The corntnunity arlg and leisure facilities include all the equipment at each 8ite and enable the society to operate
under its PtinGipal activity. The value of the equipment and the potential liability for the Consideration are not
included in th¢ accounts in order to r¢fie¢t the substallce of the atTangemenL
The charity operates from pren]ises owned by Burnley Borough Coullcil.
Durillg the period, the Clwity received grant funding from Bundey Borough Couwil of £1,129,315 (2024:
£951,063).
Burnley Borough Council also provides professional services to the charity under a 8ervioo agreement which they
were charged £312,935 (2024: £293,495) ill tbe period.
During the year sales of £218,994 (2024.. £173,744) were c]]arged to, and expenditure of £203,226 (2024:
£121,377) wa8 charged by, Burnley Borough Council.
Page 27

BUIiNLEY LEISU￿1 AIYD CULTURII
(A COMPANY LIMITED BY GUARANTEE)
F40TES TO THF FINANCIAL STATEMEIYTS
FOR THE YII AR 31ST MARCH 2025
21. COING CONCERN AND POST BALANCE< SHEEI T EVENTS
In preparing this Annual Rewrt and Accounts, the tswtees have considered their statement made regarding
preparatioll of the f￿ancIal statements on a going-concern basis. The finan¢iaI Statements havo been produc
on a going ¢on¢eill basis as at 31 March 2025 because the t￿￿tee8 are 8atisfxed that the charity will meet all it8
obligation8 as and when they fall due over the fortseeable future. Ill fonlling thi8 opinion, the trustees have paid
particular regard to..
) Th¢ nature of and future prospects for the economic climate in which the charity operates.
b) The adequacy of the liquidity in th¢ business demonstrat¢d through the current 12 month forecast.
) The continued sllp￿rt of the council.
d) The remaining tenn to March 2029 of tbe tLanag¢ment agreement with BurnLey Borough Council,
e) The competencies of the execiitive staff employ¢d by the charity.
fj The actual performance to date for the fman¢Aal year ending 31st March 2026,
The trustses are not aware of ally other r¢portable post balance sheet events at the time of this report.
Page 28