## Villagers Community and Sports Foundation Charity number 1161711 Annual Report and Financial Statements for the year ended 31 May 2025 ## Libertas Accounting & Advisory 1 ## Villagers Community and Sports Foundation Charity number 1161711 ## Annual Report and Financial Statements ## for the year ended 31 May 2025 |**Contents**|**Page**| |---|---| |Trustees' Report|2 to 3| |Statement of Financial Activities|4| |Balance Sheet|5| |Notes to the Accounts|6 to 7| ## Libertas Accounting & Advisory ## Villagers Community and Sports Foundation ## Trustees' report for the period ended 31 May 2025 ## **Reference and administrative details of the charity, its trustees and advisors** The trustees during the financial year and up to and including the date the report were approved were: **Name** Brendan O'Meara Damian Ball Margaret Rooke Paul Owen **Charity Number** 1161711 **Registered and principal address Bankers** 4 Kings Drive Santander UK plc Bramhope 2 Triton Square Leeds Regent's Place LS16 9JP London NW1 3AN ## **Accountants** ## **Libertas Accounting & Advisory** 96 Long Row Horsforth Leeds LS18 5AT ## **Structure, governance and management** The charity is governed by a constitution adopted on 18 May 2015. ## **Method of recruitment and appointment of trustees** The trustees of the charity are appointed by the members at the AGM. ## **Objectives and activities** ## **The charity's objects** The promotion of community participation in healthy recreation for the benefit of the inhabitants of Bramley and surrounding areas by the provision of facilities for playing football, boxing and rugby league, and such other sports or games as the trustees decide which are capable of promoting health by involving physical or mental skill or exertion. ## **The charity's main activities** To promote for the benefit of the inhabitants of Bramley and the surrounding area the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants. Page 2 ## Villagers Community and Sports Foundation ## Trustees' report (continued) for the period ended 31 May 2025 ## **Public benefit statement** In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission's general guidance on public benefit and in particular the advancement of health or saving of lives. ## **Achievements and performance** Despite continued difficult trading conditions, the past year has been a positive one for Villagers Community Club. The fact that the Club has continued to operate successfully is a real achievement and is due in no small part to the commitment of our volunteers and trustees, as well as the ongoing support of the local community. We are also beginning to benefit from recent improvements made to the Club’s facilities, with increased energy efficiency and running costs already having a positive impact. These changes are helping to strengthen the Club’s sustainability and support its future development. While attendance figures are slightly down on the previous year, this reflects broader changes in social habits and the increasing competition for people’s leisure time. Nevertheless, larger events and social gatherings remain essential to the Club’s ongoing viability, allowing us to continue fulfilling our charitable objectives and serving as a valued community hub. ## **Financial review** The net outgoing resources for the year were £336.00 including net outgoing resources of £336.00 on unrestricted funds and net incoming resources of £0 on restricted funds. ## **Reserves policy** The charity's free reserves, excluding fixed assets, at the year end were £917. The trustees do not have a reserves policy. Signed on behalf of the board of trustees: Signed: ……………………………………………… Date: ………………………… Name: ……………………………………………… (Trustee) Page 3 ## Villagers Community & Sports Foundation Statement of Financial Activities for the period ended 31 May 2025 |Notes
**Income from:**
Sales and fees
Donations
Grants
**Total Income**
**Expenditure on:**
support for subsidiary boiler upgrade
Depreciation
**Total Expenditure**
Net Incoming / (outgoing) resources
**Fund balances brought forward**
**Fund balances carried forward**|**2025**
**Unrestricted**
**funds**
**£**
-
-
-
-
-
336
336
(336)
2,595
2,259|**2025**
**Restricted**
**funds**
**£**
-
-
-
-
-
-
-
-
-|**2025**
**Total**
**funds**
**£**
-
-
-
-
-
336
336
(336)
2,595
2,259|**2024**
**Total**
**funds**
**£**
105
-| |---|---|---|---|---| |||||105| |||||4,000
420| |||||4,420| |||||(4,315)
6,910| |||||2,595| Page 4 ## Villagers Community & Sports Foundation Balance Sheet ## as at 31 May 2025 |Notes
**Fixed assets**
Air Conditioning Units
(6)
**Total fixed assets**
**Current assets**
Cash at bank and in hand
(2)
**Total current assets**
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(3)
**Total current liabilities**
**Net current assets / (liabilities)**
**Total assets less liabilities**
**Funds**
Unrestricted funds
Restricted funds
**Total funds**|**2025**
**Unrestricted**
**£**
1,342
1,342
917
917
-
-
917
2,259
2,259
2,259|**2025**
**Restricted**
**£**
-
-
-
-
-
-
-
-|**2025**
**Total**
**£**
1,342
1,342
917
917
-
-
917
2,259
2,259
2,259|**2024**
**Total**
**£**
1,678| |---|---|---|---|---| |||||1,678| |||||917| |||||917| |||||-| |||||-| |||||| |||||917| |||||| |||||2,595| |||||2,595| |||||2,595| The financial statements were approved by the board of trustees on ……………………………………… Date: ……………………………………. Signed: …………………………………… (Trustee) Name: ……………………………………. Page 5 ## Villagers Community and Sports Foundation ## Notes to the accounts ## for the period ended 31 May 2025 ## **1 Accounting policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2005) and the Charities Act 2011. There has been no change to the accounting policies since last year. No changes have been made to the accounts for the previous years. Fixed assets and depreciation. Fixtures and fittings are depreciated at 20% reducing balance. ## **Incoming resources** All incoming resources are included in the Statement of Financial Activities (SOFA) when the charit becomes entitled to the resources, the trustees are virtually certain they will receive the resources a the monetary value can be measured with sufficient reliability. ## **Grants and donations** Grants and donations are only included in the SOFA when the charity has unconditional entitlement the resources. Where grants are related to performance and specific deliverables, they are accounted for as the c earns the right to consideration by its performance. ## **Expenditure and liabilities** Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised as as there is a legal or constructive obligation committing the charity to pay out the resources. ## **Taxation** As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrrecoverable VAT is included in the cost of those items to whic relates. ## **Fund accounting** Unrestricted funds are available for use at the discretion of the trustees in furtherance of the genera objectives of the charity. Further explanation of the nature and purpose of each fund is included in the notes to the accounts Page 6 ## Villagers Community and Sports Foundation ## Notes to the accounts continued for the period ended 31 May 2025 |**2 Cash at bank and in hand**
Santander Current Account
**3 Creditors and accruals**
Accruals|2025
£
917
917
2025
£
0
0|2024
£
917| |---|---|---| |||917| |||2024
£
0| |||0| ## **4 Trustee expenses** No trustee received any expenses during the year. ## **5 Related party transactions** There were no related party transactions during the year. ||||**WDV as at**|||**WDV as at**| |---|---|---|---|---|---|---| |**6 **|**Fixed assets**|**Cost**|**31.5.24**|**Additions**|**Depreciation**|**31.5.25**| ||Air Conditioning Units|10,000|1,678||336|1,342| Page 7