REGISTERED COMPANY NUMBEIL. CE003732 (England rdnd Wales)
REGISTERED CHARITY NUMBER: 1160939
REPORT OFTHE TRUSTEES AND
iJNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024
FOR
EDLESBOROUGH COMMUNITY SPORTS CLUB CIO
Camfield Chaprnan tA>we
9a High Street
Woburn Sands
Milton Keynes
MK17 8RF

EDLESBOROUGH COMMUNITY SPORTS CLUB Cto
CONTENTS OF THE FINANCIAL STATEMENrs
FOR THE YEAR ENDED 31ST MAY 2024
Page
Report of the Trust
I to 5
Independent Examiner's Report
ststement of Financlal A¢tiFities
Balance Sheet
8 to 9
Notes to the FinAncial Statements
10 to 15
Detailed Statement of Finantll￿ Aetivitie8
16 to 17

EDLESBOROUGH COMMUNrrY SPORTS CLUB CIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MAY 2024
The trustees of the thty present their ryort with the fmallc￿ staten￿ts of the chaTity for the year ended 3 1st May
2024. The tn￿teeS have adopted the provision of Accounting and Reporting by Charities: Statement of Recommended
Practice applicable to charities preparAn8 their aCcO￿ts in accordance with UK Generally Accepted Accounting
Practice (UK GAAP).

EDLESBOROUGH COMMiiNITY SPORTS CLUB CIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MAY 2024
Objectives and aims
To furtber or benefit the residents of Edlesborougb and the surrounding neighbourh(XKls. Without distinction of sex,
sexual orient2ti0ty rnce or of politi(xl. religious or other Opinio￿ by associating together the said residents and the
local authorities, voluntary and other opdanisations in a cornmon effort to advance education and to provide facilities in
the interests of social welfare for recreation and leiwre titne ￿cUpatIon with the objective of improving the conditions
of life for the residents.
In furtherance of these obJ￿ts but not otherwise the trust￿ shall have the w)wer to atablish or wure a comtnunity
pavilion and kn maintain, or manage, or ¢4)-operth with any stalutory authority in the njaintenance and management of
such a building for a¢tAvities promoted by the cl)arity in furtberdnce of the above objects.
A Community Facllity
The trwstees, together with a significant nutnkn of voluDteu4 were able to I￿uC all our operations in pursuit of our
objectives.
The community building is leased from E(llesborough Parish Council and gives the Intrs the opportimity to ext¢nd
the support to the local community. Our building is open throughout the day and into the evening. It provides a warni
space together with changing room and shower facilities. When the spaces in the building are not booked for specific
activities. the sEYaces continue to be used by people to cary out their work locally or for casual contscts. Energy
consumption is a critical cost for the r[tt￿lng of the building. We continue to negotiat¢ fixed price contracts for g&8
and electricity as we believe this will give important sfability to our costs going forwards.
The building has exr¢llent brothand facilities that are available to all. We provide a social spa¢e and encourage senior
citizens to come together with the aim of reducing soctal isolation alld improving mentsl health. To foster this. we
provided free soup and bread lunches on occasions. We itrtend to continue witb this into the future. The building is
n￿le available to various local orgdnisations including EdlestrK)rough Parish Council, St Marys CarnÈvai Committee
and local Scout Group. We also host a local cancer support ￿llp.
Growing the Communlty aetivitses
The trustees, together with vohmteeTS. use social media and regular newsletters to encourage the growth of community
activities with the building ￿ the b&se. To support our objectives furtber we welcomed and encouraged new conununity
activities which included:
We now have a regular sewing club, jewellery making class, art class and adult board games club. We continue to have
an active Knitter & Natter group, monthly bingo and regular quiz nights.
Provided funding and space for a group of our volunteers to provide children's activity weekends for national occasions
su¢h as Halloween, Chrigtm#s and E&gter.
Live music nights have been ￿pular with free entrance for melnbers. This offered a platforni for local musicians
to develop their talents and repertoire.
We have worked closely with the PRSTrPL licensing owisation to ensLue that we COLnply with the legal requirements.
A suggestion and feedback scheme ¢olltinues to enable menthers to Comment on what is available or. more
importantly what they would like to see happening. TTr￿ review these in the Context of our objectives and
amend or implement where possible. It is to the ¢redit of our members that we have many more proposals
than we can implement. Maintaining and growing our volunteer force in the future is a key factor in our ability
to itnplernent them.
We bold volunteer feedback s¢&8ions to listen to our volunteers in an attempt to accommodate our members and offer
a diverse range of activities for the community.

EDLESBOROUGH COMhtu￿￿ SPORTS CLUB CIO
REPORT OF IHE TRUSTEES
FOR THE YEAR ENDED 31ST MAY 2024
A home for other organisations
Having estsblished a sound financial and operntional footing for our charity we continue to seek opportunities to bring
activities of other organtsations and statutory bodies into the building. We have established an ongoing relationship
with the local parish council and The South Central Ambulance Service NHS Foundation TTh￿t to provide training in
CPR and Defibrillator use when requesteiL
We hav¢ continued to host the local MacmI￿ charity allowing them to use our facklity for raising funds. Florence
Nightingale Hospice Charity have also run a fillld-raising event in the pavilio￿ We seek to do more of thÈs with otber
Organisations in the future. We want to bnng tlw organis8tion& ¢lwitable, statutory and other health organisatio[￿ to
our facility rather than loral resideDts having to travel miles to the major centres of FM)pulation.
Sporting activities
The building 5UPPOrts:
EBLions football club that 25 teams of all ages for girls. iK)y4 women and men with the changtng rooms, showers
and meeting facilities for coaches.
Ediesborougb Tennis Club is active in participating in aSp￿ts of the charity. not J￿8t the sport of tennis.
Edlesborough Cricket Club host match&8 on a Saturday and last season a ladies team ststed ￿Ing the factlities on
Sundays. We also hosted Bu¢kingb3msh1￿ County Cricket Senior Mat¢bes.
Our gym facilities have continued to attract new Mem1￿ and training is provided together with fithess progrdmmes
designed to suit all ages over 18 and especially senior citizens.
Organisation
Our kitehen and bar activities are operated by a separate trading company and contioue to be sUccesSfi￿ in bringing the
¢onlllluDity together.
During this perio￿ we also said a big thank you and goodbye to one of the founding trustee4 Alan Williatns, who had
completed the maximum pernlittul terni of 9 yws. Alan provided much neeAled guidance and advice to the newer
trustees and continues to provide supp)rt and help to the Ch￿lty.
In Conclusio￿ we continue to look at n¢w Initiati￿ and ways to provide supw)rt to our members and the Community
that surrounds ￿8.
Volunteers
The charity is very dependent on the work of its volunteers. For this Teason, even though the structure of the cbarity
suggests control by the ¢Th￿tees. the views of the Voluntee￿ are frequently wnSUlt￿ via meetings and other channels
such as WbatsApp. A quarterty social gathering is organ￿d for the volUn￿rS allows for a more infornial exchange of
ideas.
The trustees work to ¢nsure the workiug conditions for the volunteers are both safe and comforlable. particularly by
ensuring their security in the buildi￿ which b&s biomelTiC access control and CCTV. Th¢y are also insured within tbe
charÉty's policy.

EDLESBOROUGH cOMTrIli￿ SPORTS CLUB CIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MAY 2024
STrATEGIC REPORT
Financial review- Reservey policy
All thds are unrestricted and held in a General Reserve. The General Reserve stands at £62,554 (£46,496 2023).
The Trustees believe tttht it is PTudent for the Clwity to build up and maintain specific funds to cov¢r the following:
l. Building Reserves are required to cA)ver ongoing dilapidations and firture repairs. The pavilion is fairly new. having
opened in 2021. but the Charity has a repairing lease, and the trl￿eS consider tt necessary to build up a reserve against
possible need. A figure re¢ommellded by a local surveyor suggested that £15,0￿ would be appropriate for a building of
this value. No in￿￿diate expenditure has been identified so the intention is to build this fund up over a 10 year period
by setting aside £1,500 per aDnunL It is three years since the pavilion opened so the cU￿ent reserve sits at £4,500. The
total figure requirf and the &ssociated amount put aside each year. will be reviewejj a]mually ill line with any works
carried out and any wod(s identified for the ￿tUtE. A dilapidations program will start shortly to enhance the internal
appeardnce.
2. Gym Equipm¢nt Reserves are required to repla¢e th¢ current gym equipment as it reaches the end of its practical us¢.
The gym repTescnts an important and sizeable part of the totsl Charity income and to ensure that this is maintained Èt is
important we ensure that the gym equipment is kept at an acceptsble standard for the members. Any nwterial loss in
gym membershlp numbers would have a detrimental impact on the Ckwity fJnan¢es. The current gym equipment has an
estimated replaCem￿t value of £80.000 and life expectancy of 5-10 years, dependent upon the level of use. This reserve
h&% been extended to include Catering Equipment which is in the balance sheet at £7,381. The Trustees originally
proposed building up a reserve by putting aside £12,IM)O per annum and so far £24,000 has been sel aside. Due to the
higher-than-expected expenditure on Specific Projects this reserve will only be increased by £5,000 at this time. The
fund now sits at £28,060 after deductlng the pUrc1￿e cost of a new rowing ma¢bine. The level of the total fund. and
associated amount put aside each year, will be reviewed annually depend¢nt upx)n the perceived wear and tear. expected
life span and the pmje¢ted replacement C4)sÈ for each itenL
3. Specific Projects R￿erVeS were required to fund two projects that have beeD canied over since the pavilion opene
but the Charity was obligated to complete. Firstly, the car park required a top surface, and we had estimates of
approximately £14,(KK) for this work. The second project was to purchase and install a covered bicycle rnck for use by
the pavilion members. We had estimates of approxinmtely £3,000. At the year c[￿ the bicycle rack had been purchased
but was waiting to b¢ instslled. Both projth We￿ completed during 2024 after the accounting year end at a total cost
of £21.843 which will show in next year's accounts. The higher than budgeted cost was in part due to r&sing prices since
the initial quotes and also revised specification for the car park also resulted in iticr&￿ed costs.
No other signifirant projects or expenditure have beell identified or are planned for the foreseeable.
Governing do¢ument
The ¢h8rity is controlled by its goverDiDg documenL a deeAI of trusL
Recrultment and appointment of trustees
As required by the articles of the cbarity, new ttustees are ap￿Inted by the existing Trustees. Th¢ maximum penllitted
number being 15. Before election a tr￿stee rn￿8t confjrm in writing that tbey have read and understood the objectives of
the charity and also various advice issued by the CILarity CouLtllissio
Key management remuneratlon
No employee received employee benefits (excluding employer pensions costs) of rn0￿ than £60,000.
Remuneration band
£0
- £io.000
£10.001- £20,(MX)
£20,001- £30,IXM)
£30,001- £40.000
£40,001- £50.000
£50.001- £60.000
Nurnber of ¢mployee8
Related parties
Edlesborougb Community Sports Clllb C.l.O owns l(MP/o of the sllare capitsl of ECSC Trading Lrf At the year end
Edlesbomugb Con)munity Sports Club CJ.O was owed £1,758 from ECSC Trading Ltd.

EDLESBOROUGH COmTrfuI￿ SPORTS CLUB CIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MAY 2024
REFERENCE AND ADMINISTRATIVE DETAIts
Registered Company number
003732 (England and Wales)
Registered Charity number
1160939
Registered office
5 The Pastures
Edlesborougb
Dunstable
Bedfordshire
LU6 2HL
Trustees
K H Holloway (resigned 1010712023)
J W G Howells {r&signed 0110912023)
S Brown (appointed 1211012022)
K Meredith (appointed 1211012022)
N Fox (appointed 2010412022)
P HAn¢o¢k (appointed 1510312022)
D P Johnstone (resigned OW0812023)
A J R Williams (retired 17103r2024)
M Plaats (appointed 0310712023)
C Walter (appointed 0310712023)
D Roberts (appointed 0310712023)
D A Ferguson (appointed 0810112024)
D FLyL￿ (appointed 0110312024. tesigned 0210912024)
J Woodcock (ap￿)inted 0911212024)
Independent ExAwiner
Chrkstopher Lowe FCA
Camfield Chapman Lowe
9a High Street
Woburn Sands
Milton Keynes
Buckinghamkn
MK17 8RF
STATEMENf OF TRUSTEES, RESPOIYSIBILfiIES
The In￿teeS (who are also the directors of EdleslK)rougb Con)mut)ity Sports Club CIO for the puq)oses of company
law) are responsible for prepating the Report of the Tn￿teeS and the fu￿￿nCial statements in accordance with applicable
law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees t() prepare financial ststemellts for each financial year which give a true and fair
view of the stste of affairs of the charitable company and of the incoming resouwes and application of resources.
including the incollke and CXPCDditur¢, of tbe cllaritsble con]pany for that peri(Ml tn preparing those financial
statements, the t￿￿1¢¢5 are required to
select suitable accoullting policies and then apply them consistendy.
observe the methods and PTinciples in the Cljarity SORP:
make judgements and estiD]ates that are reasortable and prndenL
prepare the fmancial statements on the going concern basis unless it is inappwriate to presutne that the clwitsble
company will continue in business.
The tn￿teeS are responsible ft)r keeping pn)per accounting records which disclose with reasonable accuracy at any time
the fmaucial position of the charitable company and to enable them to ensure that the fiDall¢ial ststrments ¢omply with
applicable law and United KiDgdom Accounting Standards (United Kingdom Generally Accepted Accoullting
Practice).. They are also responsible for safeguarding the ￿ets of the clwitable company and hence for takmg
reasonabl¢ steps for the prevention and d¢tertioll of frdud alld Ot1￿ Itrcgulariti￿.
Report of the trustees. incorpordting a strategic reporL approved by oId￿ of the board of trustees, as the Company
directors,
20
5 d signed on the board's behalf by:
D Roberts-

INDEPENDENT EXA￿￿'s REPORT TO THE TRUSTEES OF
EDLESBOROUGH COMMUNITY SPORTS CLUB CIO
Independent examin&s report to the trustees of Edlesborough Community Sw)rts Club CIO Cthe Company,)
I report to the cknty tswtees on my exan)ination of the accounts of the Company for the year enda 3 1st May 2024.
Responsibilities and basis of report
As the clwity's ts1￿ of the Company (and algo its dire£tors for the purp)se8 of company law) you ate responsible for
the preparation of the accounts in aco)rdan¢e with the requI￿ellts of UK Generally Accepted Accounting Practice
(UK GAAP)
Having satisfied myself that the accounts of the Company are not required to be audlted 2nd are eligible for independent
examinatio￿ I rq)ort in respect of my exaMi￿tiOn of your clwtty's accoutts ￿ cwied out under Section 145 of the
Charities Act 2011 {Ihe 2011 Act?. In carrytug out my eXamI￿tion I have follow￿ the Directions given by the Chartty
Commission under Section 145(5) (b) of the 2011 ACL
Independent examinevs statement
I have completed my examinatioL I ¢onfirni tb* no nmtters have come to my attention in connection with the
examination giving me cause to believe:
l. accounting records were not kept in respect of the Company: or
2. the a¢¢ouDts do not accord with those records" or
3. the accounts do not comply with the accowiting reqUir￿ents of UK Generdlly Accepted A¢¢ounting Practice (UK
GAAP) other than any requirement that the accounts give a ITue and fair view which is not a matter Considered as part
of an independent exarnination. or
4. the accounts bave not been prepared in accordance with the methoÉts and principles of the Statement of
Recommended Prdctice for accounting and reporting by Clwities (appli(￿le to cbarities preparing their accounts
I have no ¢oncen)s and have come acro&8 no other D]atters in connection with the exan)i￿on to which attention should
be drawn ill this report in ordff to enable a proper ullderstandiug of the accounts to be reached.
Christopher Low¢ FCA
The Institute of Chartered Accountants in EnglaDd and Wal&s
Camfield Chapman Lowe
9a High Street
Woburn Sands
Milton Keynes
Buckinghamshire
MK17 8RS
Date..

EDLESBOROUGH COMMuNfTY SPORTS CLUB CIO
STATE1￿[￿￿[ OF FINANCIAL ACTivrrIES
FOR THE YEAR EIYDED 31ST MAY 2024
2024
Unrestricted
fimd
2023
Totsl
funds
Notes
Donations and legacies
4,216
4,947
Other trading activities
Investn]ent income
75,570
86
75.112
Total
79,872
110695
EXPENDITiSRE ON
Raising fimds
729
170
63.085
Total
65.568
NET INCOME
16.058
45.127
RECONCILIATION OF FUNDS
Total funds brought forward
46,496
1,369
TOTAL FUNDS CARRIED FORWARD
46.496
The notrs forni part of thase financial statements

EDLESBOROUGH cOMTrfu￿￿ SPORTS CLUB CIO
BALANCE SHEET
31ST MAY 2024
2024
Unrestricted
fiu)d
2023
Totsl
fi]nds
Notes
FIXED ASSETS
Tangible &88ets
tnv&stments
14,912
100
10.125
loo
15,012
10.225
CURRENf ASSETS
Debtors
Cash at bank
7,495
45.751
531
53,246
54,387
CREDrroRS
A￿O￿nts fallmg thie within one year
io
(5,704)
(18,116)
NET CURREKf ASSETS
TOTAL ASSETS LESS CURRENT
LIABILfiiES
62,554
46,496
NET ASSETS
62,554
li
Unrestricted fimds
TOTAL FUNDS
The ¢haritsble company is entitled to exemption from audit und¢T for the ye8r ended 31st May 2024.
The men]bers have not requir￿ the company to obtsin an audit of its financial statements for the year ended
3 1st May 2024.
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting records that comply wilh the requirements of UK
Generally Accepted Accounting Practice (UK GAAP)
preparing financial statements which give a tn* and fair view of the state of affairs of the clwi'tsble company as
at the end of each financial year and of its suq)lus or deficit for each finallcial year in accordance so far as
applithle to the charitable conwany.
(b)
The not&s forni part of fllwicial statements

EDLESBOROUGH COmMUNf￿ SPORTS CLUB CIO
BALANCE SHEET- conthiued
31ST MAY 2024
These financial statements have been prq)aTed in accordance with the provisions applicable to charitable companies
subject to the small companies regime.
The financial statements were approved by the Board of Trust￿$ and authorised for issue on 3rd March 2025 and were
siglled on its behalf by:
D Roberts- Trustee
C Walter- Tn￿tee
The notas forn] part of thtse fmancial statements

EDLESBOROUGH COMMUNTfY SPORTS CLUB CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024
ACCOIJNTING POLICIES
Basis of preparing the f￿ancEll statements
The financial sratements of the charitable company have been pryared in accordance with Reporting by
Chan'ties: Statement of Recommended Practice applicable to cbaTities preparing their accounts in accordance
with UK Generally Accepted Accounting Principles (UK GAAP). The fÈn8ncial statements have been prepared
under th¢ historical cost convention, with the exwtion of investtnents which are included at market value.
Income alld grants
All income is recogniscd in the Statement of Fijjancial Activities once the clwity has entiLi¢mellt to the funds. it
is probable that the income will be re¢¢1Ve￿ and the amount can be me&sured reliably.
Expenditure
Liabilities are recognised as expenditure as SLKin &$ there is a legal or ¢ODStnthve obligation committing the
charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Ewditure is accounted for on an accruals b&sis attd has
been classified under headings that aggregate cost related to the category. Where costs cannot be direcdy
attributed to partteular headings, dley have been allo(Y4ted to activities on a basis consistent with the use of
SOUT￿8.
Tangible ￿ed assets
Depreciation is provided at the following annual rat¢s in onkr to write off each asset over its estimated usefijl
llfe.
Improvements to property
Fixtures and fittings
Computer equiptllent
33% on cost
250/0 oll reducillg balance
33% on cost
Taxatlon
The CP￿lty is exempt from corporation tsx on its charitable activities.
Fund accounting
Unrestricted fimds can be used in ac¢ordance with the Ch￿ilable objectives at the discretion of the tnjstees.
Restricted fimds can only be used for particular restricted within the objects of the charity.
Restrictions arise when specified by the donor or when fimds are raised for restricted purposes.
Pension costs and other post-retirement benefits
The charitable company operdtes a defined Contribution pension scheme. Contributions payable to the
charitable ¢ompanVs pension scheme are charged to the Statement of Financial Activities in the period to which
they relate.
Audfitor remuneration
Remuneration paid for the preparntion of the financial statements was £875 and for the independent review of
the f￿￿ncial slateEnents £960.

EDLESBOROUGH COMMuNfTY SPORTS CLUB CIO
NOTES TO THE FINANc￿L STATEMITh . eolltinued
FOR THE YEAR ENDED 31ST MAY 2024
2024
2023
Fundraising events
Subscriptions
Non-resident menthersbip
Rents received
3,896
40,184
1.490
1,250
42,202
1,660
75,112
INVESTMENT INCOME
2024
2023
Dividends received
Interest re￿1Vable
30,614
22
86
86
30,636
NET INCOMEI(EXPEM)fnJRE)
Net incomel(expenditure} is stated after ckngingJ(cre4Jitillg):
2024
2023
Depreciation - owned assets
Other operating leases
3.439
964
1,542
1,530
TRUSTEES, REMUNERATION AND BENEFrTs
There were no trustees. remuneration or othff benefits for the y¢ar ended 3 1st May 2024 nor for the year ended
31st May 2023.
Trustees, expenses
There were no trustee exP￿n￿ paid in the year ended 3 1st May 2024 nor for the year ended 3 1st May 2023.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTJVITIES
Unrestricted
fund
Dorthtions and legacies
4.947
Other frading activities
Investment income
75,112
Total
110695
EXPENDITURE ON
Raising funds
170
Other
Totsl
65,568

EDLESBOROUGH COMMU￿￿ SPORTS CLUB CIO
NOTES TO THE FINANCIAL STATEMENTS. CODtinued
FOR THE YEAR ENDED 31ST MAY 2024
cOmPARAT￿Es FOR THE sfATEMEYJ T OF FINAF4CIAL ACTIVITIES. continued
Unrestricted
fimd
NET INCOME
45,127
RECONCILIATION OF FUNDS
Total fimds brought forward
1.369
TOTAL FUNDS CAIIIUED FORWARD
46.496
TANGIBLE FIXED ASSETS
Improvements Fixtures
Computer
equipment
fittings
Totals
COST
At 1st June 2023
Additions
9.608
3,652
987
13,260
At 31st May 2024
11.532
DEPRECIATION
At 1st June 2023
Charge for year
2.582
553
3,135
3.439
324
At 31st May 2024
324
4,151
2.099
NET BOOK VALUE
At 3 1st May 2024
4.991
2.540
At 3 1st May 2023
7.026
10.125
FIXED A&SET INVESTMENTS
Edlesborougb Community Six)its Club owns l(KP/o of the Sljare Capitsl of ECSC Trading Ltd.
DEBTORS: AMOUN13 FALLING DUE ￿THIN ONE YEAR
2024
2023
Trade debtors
Amounts owed by group undertaki
Prepayments and accnHI income
1,060
1,786
4,649
531
531

EDIISBOROUGH COMMuNrrY SPORTS CLiJB CIO
NOTES TO THE FINANCIAL STATEMENTS- conthiMe41
FOR THE YEAR ENDED 31ST MAY 2024
io.
2024
2023
Trade creditors
Amounts owed to group undertakin8S
Other ¢r¢ditors
Accrued expenses
2,859
4,162
7,026
3.430
2,845
5,704
11. MOVEMENT tN FUNDS
Net
n￿vement
in fimds
Transfers
between
funds
At
3115124
At 116123
Unrestrirted funds
Gen¢ral fund
46,496
16,058
62,554
TOTAL FUNDS
Net movement in funds, Inclu￿ in the above are as follows".
Incoming
Resources
expended
Movement
in fimds
Unrestricted funds
General fund
79.872
(63,814)
16,058
TOTAL FUNDS
79.872
Comparatives for movement in fvnds
Net
movement
in funds
Transfers
between
fimds
At
3115123
At li6￿2
Unre5trRCted funds
General fund
1.369
45.127
46,496
TOTAL FiJNDS
46.496

EDLESBOROUGH COMMiINITY SPORTS CLUB CIO
NOTES TO THE FINANc￿L STATEMENTS . conthiued
FOR THE YEAR ENDED 31ST MAY 2024
ii.
MOVEMENT IN FUNDS. Condnued
Compatative net n￿Vernent in fund4 inchthl in the alx)ve are &8 follows:
Incoming Resources Movement
expended
in funds
Unrestrieted funds
General fund
110,695
(65,568)
45,127
TOTAL FUNDS
110.695
65,568
A cU￿t year 12 months 2nd PTior year 12 months Con￿￿￿ed position is &8 follows:
Net
movement
in fimds
Transf￿$
between
fund
At
3115124
At 116122
Unrestrleted fllnds
General fund
1269
61.185
62,554
TOTAL FUNDS
1,369
61.185
62,554
A current year 12 months and prior year 12 montlL% Combin￿ net movemeot in fund4 included in the above are
as follows:
Incoming
resources
Resources
expended
Movement
in funds
Uurestricted funds
General fund
190,567
(129.382)
61,185
TOTAL FUNDS
190,567
(129 382)
12. RELATED PARTY DISCLOSURES
The bar and food trade was historically moved into ECSC Tradillg Lt( a wholly owned subsidiary. At the year
end Edlesborough Community Sports Club CIO was owed £1,768 by ECSC Trading Ltd.

EDLESBOROUGH COMMuNrrY SPORTS CLUB CIO
NOTES TO THE FINANCIAL STATE￿￿T8 . coDthiued
FOR TIIE YEAR ENDED 31ST MAY 2024
13.
RESERVES POLICY
All fun(L8 are unrestricted and held in a General Reserve. The General Reserve stands at £62,554 {£46,496 2023).
The Trnstees believe that it is prudent for the Charity to build up aDd maintsin specific fimds to cover the following..
l. Building Reserves are required to cover ongoing di14)idations and future repai￿. The pavilion is fairly new, having
opened in 2021, but the Charity has a repairing Lease. and the tn￿teeS consider it necessary to bulld up a reserve against
possible need. A figure recommended by a local surv¢yor suggested that £15,0(M) would be appropriate for a building of
this value. No inllnediate expenditure has been identified w th¢ intentlon is to build this fund up over a 10 year period
by setting aside £1,500 per annum. It is three years since the pavilion Open￿ so the cumt reserve sits at £4.500. The
total figure required, and the associated amount put &side eacb year, will be reviewed annually in line with any works
carried out and any works identified for the future. A dilapidations program will stsrt shortly to enhance the internal
2. Gym Equipment Reseryes are required to replace the cumt gym equipment as It Teaches the end of its practical use.
The gym represents an important and sizeable part of the total Charity income and to ensure that this is tnaintained it is
important we enslwe that the gym equipment is kept at an acceptsble standard for the members. Any material loss in
gym tnenthership numbers would have a detrimentsl impact on the Charity finance& The CUTr¢nt gym equipment h&8 an
estimated replacement value of £80,000 and life expedaney of 5-10 years, dependent upon the level of use. This reserve
has becn extended to include Catertng Equipment whicb is in the balance sheet at £7,381. The Trustees originally
proposed building up a reserve by putting astde £12,OIK) w aDnum and so far £24,0(K) IMS been set &sÉde. Due to the
bigber-than*xpected expenditure on Specific Projects this [￿r￿e will only be Increas￿ by £5,OW at this time. The
fimd now sits at £28.060 after deducting the purchase cost of a new rowing macbtne. The level of the totsl fund. and
assoGiat¢d amount put aside each year, will be reviewed annually dependent up)n the perceived wear and tear, expectea
life span and the projected replacernent ¢ost for each ite
3. Specific Projects Reserves were required to fund two prOj￿ts that have been carried over since the pavilion opene
but the Charity was obligated to complete. Firstly. the car park required a top SLrface, and we had estimates of
approxitnately £14,[￿ for this work The second project W&8 to purchase and install a covered bicycle rack for use by
the pavilion menthers. We had estimatGg of approxIn￿telY £3,(KK). At the year end the bicycle rack had been purcbased
but was waiting to be installed. Both projects were compl¢t¢d th￿Ing 2024 af￿ the accounting y¢ar end at a totsl ¢ost
of £21,843 which will show in next year's accounts. The higber than budgeted cost was in part due to rising prices since
the initial quotes and also revised specification for the caT park aIso resulted in increased costs.
No other sigllificant projects or expenditure bave idenlified or are planDed for the foreseeable.

EDLKSBOROUGH COMhIUNrrY SPOR]S CLUB CIO
DETAILED STATEMEKT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED 31ST M￿y 2024
2024
2023
Donadons and legacies
Donations
4,216
4,947
Other trading actfvities
Fundraising events
Subscriptions
Non-resident membetthp
Rents received
3,896
40,184
1,490
30.OIK)
1,250
42202
1.660
75,570
75,112
Investment income
Dividends received
Interest receivable
30,614
22
86
86
TotaI incoming resourees
79.872
110,695
EXPENDITURE
Other tradlng acdvlties
Event Costs
729
170
Support costs
Management
Wages
Pensions
Rent
Rates and water
Ligbt and heat
Insurance
Cleaning
Waste disposal
Consumables
Repairs and maintenance
Postage and stationery
Advertising
Telepbone
subS￿lptiOns
Consulting
Sundries
Gym running costs
Training
Refr¢sl]m¢nts
tmprovetuents to property
Fittillgs depreciation cbarge
17,693
791
25
469
15,905
1,405
10,368
1.240
675
1,436
402
121
1,037
4,660
540
164
25
912
16.724
1.945
12,813
1.355
407
3,593
227
129
1,338
6,131
540
387
2,965
474
109
324
1.139
51.967
58,070
This page does not forni pgrt of the statsitory fiDan¢ial statements

EDLESBOROUGH COMMiINfrY SPORTS CLUB CIO
DETAILED STATEME￿￿ OF FINANCIAL AcfivTfiES
FOR THE YEAR ENDED 31ST MAY 2024
2024
2023
Management
Finance
CAF fees
Bank charges
146
964
401
I,iio
1,931
InforniY4tlon tsebnology
Computer Costs
Computer depreciation ¢barge
4,307
3,194
403
5,853
3,597
Governance costs
Accountancy and legal fees
4,155
Total resources expended
Net Income
This page does not forni part of the statutory financial statements