Leeds Bridge Club Trust (A Company limited by guarantee) Registered Charity Number.. 1161317 Company Number.. 9490140 Report and Financial Statements for the year ended 31 March 2025
Leeds Bridge Club Trust Financial Statements for the year ended 31 March 2025 CONTENTS Page Report of the Truste8S Independent Examiner's Report Statement of Financial Activity Balance Sheet Notes on the Accounts 7-10
Leeds Bridge Club Trust Report of the Trustees for the year ended 31 March 2025 The trustees, who are also the directors of the charity, are pleased to present their report together with the financial statements of the charity for the year ending 31 March 2025 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The charity is governed by its Memorandum and Articles of Association, was incorporated as a company limited by guarantee on 14 March 2015, was registered as a charity on 17 April 2015 and commenced activities on 1 April 2015. The financial ststements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association and Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102). OBJECTIVES AND ACTIVITIES The purposes of the charity are.. The advancement of amateur sport by promoting the game of bridge for the benefit of the residents of Leeds and the surrounding area. The provision of facilities for the learning, teaching and playing of bridge for the benefit of the residents of Leeds and the surrounding area with the object of improving conditions of life. In shaplng our oblectives for the period and planning our activities, the trustees have considered the Charity Commission's guidance on public benefit, including the guidance "public Benefit.. running 8 charity IP82)" The strategies employed to achieve the charity's aims and objectives are to.. Encourage new players. Maintain a convivial atmosphere wlth a spirit of incluslveness encouraging all members to participate in the running of the club and its events. Develop initiatives to enhance the skills of those members who wish to excel at club, Yorkshire and national events, Operate prudently and cost-effectively so as to minimise the costs of club membership. ACHIEVEMENTS AND PERFORMANCE Membership numbers and attendance at our face-to face bridge sessions have been stsble throughout the period, with daytime sessions continuing to prove more popular than evening sessions. We are pleased to welcome Shadwell Bridge Club (a local independent bridge Club) which now utilises our facilities on Friday evenings, conveniently at 8 time when our bridge suite is otherwise vacant. First and second year beginner lessons have continued to be well attended, as have our Stepping Stones and Improvers sessions, both intended to offer beginners a 'next level, learnlng experience and gratifyingly well used as step up to our more competitive sessions. Charges for lessons and bridge sessions are in line with other similar organisations in the region and are at a level to ensure accessibility to all members of the public. Consistent with our charitable purposes some lessons have been organised by experienced teachers using our facilities without charge. We seek to minimise the cost of provided lessons and also run some free seminars.
Leeds Bridge Club Trust Report of the Trustees for the year ended 31 March 2025 We have encouraged all within our community to take part in our activities either as part of our teaching programmes or participating in our bridge sessions, both as players and as providers of voluntary administrative services to support those sessions. Gratityingly, we continue to see some of our more enthusiastic newer members continuing to take up such voluntary roles at various levels of responsibility. FINANCIAL REVIEW The charlty's overall flnancial positlon Is sound, with a surplus for the period of £7,777 (PY surplus of £8,884). Incorne and activity levels remain at much the same level as the previous year and are sufficient to cover anticipated expenses having regard to a reasonable level of contribution to MASSC expenses. The trustees having regard to future liquidity requirements have placed available funds on interest-bearing deposit accounts of up to 12 months duration. The charity's reserves at 31 March 2025 are £80,904 (31 March 2024, £73,127). It is the charity's policy to maintsin sufficient financial reserves to cover working capital, any future adversity and in particular for upgrading facilities. REFERENCE AND ADMINISTRATIVE DETAILS Charlty name and r•gl8tratlon numbor.. Leeds Bridge Club Trust 1161317 The Gharity carries out certain non-contractual bridge matters under the name Leeds Bridge Club. Company reglstratlon number.. 9490140 Prlnclpal and reg18tered offlce: Moor Allerton Sports & Social Centre, Stonegate Road, Leeds LS17 6EL Director8 & Tru8tee8'. BS Frledman, J Hayward, W Holmes, TW Read, and A Selman served during the year and since the year end. HA Dickinson was appointed on 7 November 2024 and has served continuously since then. In accordance with the charity's Articles of Association, TW Read and W Holmes will retire and, being eligible, will seek re-election by members at the Annual General Meeting on 6 November 2025. Any qualifying person is eligible for election as a director and would be recommended for election by the exlsting directors where considered a suitable person with requisite skills to complement the existing board. Company Secretary.. TW Read Approved by order of the Board of Trustees on 18 September 2025 and signed on its behalf by TW Read - Company Secretary
Leeds Bridge Club Trust (Registered charity no 1161317) Independent Examiner's Report to the Trustees on the Financial Statements for the year ended 31 March 2025 I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2025 which are set out on pages 5 to 10. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('th8 2006 Act'}. Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145{5>(b) of the 2011 Act. INDEPENDENT EXAMINER'S STATEMENT I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any materlal respect: accounting records were not kept in respect of the company as required by sactlon 386 of the 2006 Act., or the accounts do not accord with those records., or the accounts do not comply with the accounting requlrements of section 396 of the 2008 Act other than any requirement that the accounts give a 'true and fair view, which Is not a matter considered as part of an independent examination., or the accounts have not been prepared in accordance with the Charities SORP (FRS1021 I have no cOnrnS 8nd have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached, Jonathan Cros51ey FCA Brays Chartered Accountants, Riverview Court, Castle Gate, Wetherby, LS22 6LE Date.. 19 September 2025
Leeds Bridge Club Trust Statement of Financial Activity including Income and Expenditure Account for the year ended 31 March 2025 2025 Unrestrlcted fund 2024 Unrestricted fund Not8s INCOMING RESOURCES Interest on bank deposits Yorkshire League matches Lessons Membership subscriptions Table money other income 1,775 1,506 3,055 1,417 23,876 2,413 1,035 1,451 4,484 1,292 24,375 902 Total incoming resources 34,042 RESOURCES EXPENDED Area hlre charges & operating lease rental Bridge software & equipment Bridge supplies Contribution to MASSC expenses Yorkshire League matches UM fees Teaching Other expenses 2,730 980 119 9,454 3,065 2,907 200 6,810 2,677 300 462 7,659 2,283 3,043 8,231 Total resources expended 26,265 24,655 NET INCOMING RESOURCES 7,777 8,884 FUND BROUGHT FORWARD AT 31 MARCH 73,127 64,243 FUND CARRIED FORWARD AT 31 MARCH 80,904 The notes on pages 7 to 10 fonn part of these financi81 st8tements.
Leeds Bridge Club Trust Balance Sheet as at 31 March 2025 2025 Unre8trlcted fund 2024 Unrestricted fund Not8s FIXED ASSETS Tangible assets 15,992 18,466 CURRENT ASSETS Debtors Investments Cash at bank Total currgnt assets 305 37,459 10 33,000 39,138 72,138 81,824 LIABILITIE8 Creditors.. amounts falling due within 1 year 11 Net current assets 64,912 54,661 Total net a6sets FUNDS OF THE CHARITY Unrestrlcted funds The charitsble company is entitled to exemption from audit under Section 477 of the Companies AGt 2006 tor the year ending 31 March 2025. The members have not required the charitsble company to obtain an audit of its financial statements for the year ending 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The trustees and directors acknowledge their responsibilities for.. ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the State of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small ¢haritsble companies and with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The financial statements were approved by the Board of Trustees on 16 September 2025 and wer8 signed on Its behalf by. ead, Director The not8s on pages 7 to 10 form part of the financi81 sÉat8m8nts.
Leeds Bridge Club Trust Notes on the Accounts for the year ended 31 March 2025 1 ACCOUNTING POLICIES Basls of Accountlng The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Charities SORP (FRS 102),, applicable accounting Standards, the Charities Act 2011 and the Companies Act 2006. Incoming resources Income is recognised where there Is entitlement, certalnty of recelpt and the amount can be measured wlth sufficient reliability. Investment income is recognised on a receivable basis. Resources expended Liabilitie8 are recognised as soon as there is a legal or constructive obligation comrnitting the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Taxatlon As a registered charity the company is generally exempt from Corporation Tax, but not VAT. Irrecoverable VAT is included in the cost of the items to which it relates. Flxed assets Individual fixed assets are capitalised at cost and depreciated over their useful economic lives on a straight- line basis as follows.. Teaching room Furniture and fixtures Computer and electronic equipment 7.50h Cash at bank Cash at bank includes cash on deposit with a maturlty of one month or less. D8btor8 and cr8ditor8 receivablelpayablo within one year Debtor8 and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. Unrestrlctsd funds Unrestricted funds are available to spend on activities that further any of the purposes of the charity. LEGAL STATUS OF LEEDS BRIDGE CLUB TRUST Leeds Bridge Club Trust was incorporated in England and Wales as a private company limited by guarantee on 14 March 2015 and was registered as a charity on 17 April 2015. The charity is a public benefit entity as defined by FRS 102. All members agree to pay £1 in the event of the company winding up unless they have resigned more than 12 months previously thereto.
Leeds Bridge Club Trust Notes on the Accounts for the year ended 31 March 2025 OTHER INCOME 202S 2024 Miscellaneous Christmas party 799 1,614 142 760 902 CONTRIBUTION TO MASSC EXPENSES Moor Allerton Sports & Social Centre (MASSC) is a separate registered charity (no 1179842) providing educational and recreational facilities for the inhabitsnts of Leeds Metropolitan District and surrounding area. The charity is a group member of MASSC, pays a contribution determined annually towards the expenses of MASSC and has the exc5usive use of the bridge suite at the premises at Stonegate Road which it uses for its own purposes. Members of the chartty also effect separate membership of MASSC and enjoy the general facllltles they provide. OTHER EXPENSES 2026 2024 Bank charges Charitable & other events Christmas paty Computer and internet expenses Depreciation Independent examination Insurance Miscellaneous Online Tournament Director charges Online Platform Provider charges Postage and stationery Repairs and maintenance 148 367 1,622 160 177 646 644 2,626 1,020 489 454 930 597 163 325 2,474 1,020 517 402 142 6,810 8,231 TRUSTEE REMUNERATION AND EXPENSES AND RELATED PARTY TRANSACTIONS No trustees expenses have been incurred and no trustee reiVed remuneration or other benefit from their work with the charity There are no related party transactions in the reporting period that require disclosure.
Leeds Bridge Club Trust Notes on the Accounts for the year ended 31 March 2025 CORPORATION TAX The charity is exempt from tax on income and gains falling within section 505 if the Taxes Act 1988 or section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that they are applied to its charitable objects. TANGIBLE FIXED ASSETS Teachlng room Furnlture & flxtures Computer equipment Total COST As at 1 April 2024 26,751 7,204 4,712 38,667 Additions In period Disposals in period As at 31 March 2025 7,204 DEPRECIATION As at 1 April 2024 9,027 6,461 4,712 20,200 Charge in period Eliminated on disp08als 2,008 468 2,474 As at 31 March 2025 11,033 6,929 22 674 NET BOOK VALUE As at 31 March 2025 274 As at 31 March 2024 742 DEBTORS 2025 2024 Prepayments and accrued income 305 305
Leeds Bridge Club Trust Notes on the Accounts for the year ended 31 March 2025 10 INVESTMENTS Current asset investments comprise cash on deposit with a maturity of less than one year not held to meet short-term cash commitments as they fall due. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Accruals and deferred income Membership fees in advance Duplicate sessions purchased in advance 2,203 3,760 10,949 2,474 4,600 10,403 12 CONTINGENT ASSET The charity has a mortgage over certain land at Stonegate Road referred to in note 4 above in an amount of £54,289,99 indexed by the Retsil Price Index from March 2019 that is repayable in the event of a sale of the whole propety or MASSC entering into receivership. The directors consider such eventualltles to be remote and no value has been placed on this asset in the accounts. 10