REGISTERED CHARITY NUMBER: 1164556
REPORT OF THE TRUSTEES AND
UNAUDrrED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
FOR
MERIDEN SPORTS AND RECREATTh TRUST
Cctheroak
1 Homer Road
Solimjll
B91 3QG

MERIDEN SPORTS AND RECREATION TRUST
CONTENTS OF THE FINANCIAL STATEMEprrs
FOR THE YEAR E140ED 31 MARCH 202S
R•leronc? •d Admlnlslratlv• D•talls
Report of th• Trustres
2 to 5
Ind•p•nd•nt Ex•mln•rf8 R•port
statsment of Flnandal Actlvftl•s
stat•rn•￿ of Flnanclal Posltlon
Stai•m•nt of Cash Fl
Noto$ lo the PAat•m•trt of Cash Flo
10
Nol•8 to the Flnan¢lal Statements
11 to 16

ERIDEN SPORTS AND RECREATION TRUST
REFERENCE *J4D ADMWISTRATIVE DETALS
FOR THE YEAR ENDED 31 MARCH 2025
TRUSTEES
G Russel
s Atcock (reslgned 21111r24)
AW￿￿
R Le*rys
D Buckl8nd
C 8uckknd
H M Morton
PRINCPAL ADDRES8
163 Road
Coventy
CVT 7NH
REGISTERED CHARITY
NUMBER
1164556
INDEPENDENT EXMIINER
Prlme
Chartered Accwntants
Crynw Oak
1 Homer Road
Sohh
B913QG
IVESTMENT MANAGER
CCLA Inveslment Manag8m8nl Limited
Exrthange Hace 2
S SemrAe Street
Edinburgh
EH3 8BL
Page 1

MERIDEN SPQRTS AND RECREATION TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The truste8s present their re￿￿￿t wih the finand* stalements of the charity for the ypar érKled
31 Marth 2025. twstees hav¢ adopt￿ the prowsions of At￿￿nting aTrJ Rewting by Charilies..
Slalemant of Recommended Prxtice aP￿cable lo chariiie$ preparing their accounts in acc¢ydance wilh the
Flnanclal RepOrttr￿ Standard applcable in th8 UK and Repulklc of kelarKI (FRS 102) leffect￿e 1 January
20191.
AKhoL6gh prlncipalty reporting on the Trust's pl￿ adions over the finandal war 2024125, endlng on
31st March 2025. the ReFwf may contain references. *there apwcsjriate. to post-1 Awil 2025 aLlivities and
Informatic￿ wFMch OVer￿p fina￿181 yeavs.
OBJECTIVES ￿lD ACTtvrriES
The Trusl's Obl•Glives
The Meriden Sports ReLTe81ion Trust was frfflied •d reG￿￿ thoritsble Slalus in kte 2015
became OperatIL￿al on 4 February 2016 kn il a gant fTLYn Merid8n Parish Counal. The ch*itabl8
)jects of MS&RT are:
{11 Specifically rgstrided to furthering or benefiting the resfvjents of the parish of Mwiden and its surrounding
area, wlthout dlslncllon of sex, sexual orientati(￿. race or of pdifical, religious or other opinions, by promob'ng
d SUp￿rting prowsion for amateur sp¢Nts. recreabfma actiwtses and olher 18isure time c￿UpatiOn within
the parish in the inlerests of sooal welfwe, *ryth the *'e¢tive rj inwoving the condilions of life lor the
resldents of the $8MJ parish and rts surrounding area.
{2) In furtherance of these ckniects othw*ryse the Trustees shall have the pw io secure the
establislmnent and Maintenan￿ of ¥F￿ts aThJ recreational fackn *illMn the parish for the benefft of present
d future generations of resid8Trts.
The Parish Council grant (the Endowment Fund) was mado ￿ the understanding thot the Trust was
committed to providing long tem CO￿ fvnding f￿ the maYitenarKe and monagemenl of Meriden Sp￿ts Park
and to fund other iniliatives and a￿l￿tieS ben8ffting ts parish and its restdenis within the scope 01 the Trust's
objects.
Pagè 2

MERIDEN SPORTS AMO RECREATION TRUST
REPORT che THE TRUSTEES
FOR THE YEAR ENDED 31 MIRCH 2025
ACHIEVEMENT AND PERFORMANCE
hi•v•m•nl P•rforniance and Investment Stratogy
The Trust received the Er￿10￿nent Fund of £1,375,938 cffi 4th Fe￿U4ry 2016. At the start of the financial
year in Awil 2017 {14 month5 later), Ihe vam￿lI0n was £1.659.017.
On 31 March 2025 the Fund was valued at £2.309,770.
In thelr ￿VeStr￿ent Teport, our investment athlsc¥s (CCLA) f￿eCast th8 anrnjal Income the Trust could expect
for the year wouhj be ctrca £67.OC4)
This was sufficient to fund the Sports ParWs c￿8 cywatirKJ tyan( a Smal Grants programme and tho Trusvs
cyerating expenses in the year.
The forecast amual w)come$ are rnt howevw guaranteed. CCLA have advisad thvJr8 remains significant
uncertainly wthin the investment mwke( as ¥rflaknon b5 trending above central banks targets and President
Trump's tarlff polcies have Wential fry Slagllati¢M. ￿1￿h t5 generaty considered bad for risk assets. As
a result, it is necess￿ for the Trusl to keep cBt4lal expenditu￿ under dosg review.
Fdlowng 8 periodic review the dea￿On lo keep uS￿g CCLA as the Trusvs investment v8hic18 was made for
the followlng reasons: The rdatively gcrfxl perf￿ance of their frjnds. C￿nmens￿ate with the relatively k)w
risk involved.. CCLA'S appmath to investment ethi￿,. The fact that the Parish Council held its reserves in
CCLA investrnents (as many Parish Councils do): The nee(1 to dernC￿Strale pubkly lo the ccKnmuntty of
Merlden the Trusvs prudence and stewwtship crf the'Enth)*Tnent Fw)¢T.
Richard Sankey, CCLA Cbent Investment DweCtI￿ the Fetwry 2025 Trustées, PAeetirYJ.
The Trusfs investrnenl strategy r8m8lns consistent. to w(NJuce an Income sufficient lo fund the core
opèryating costs of Mellden Sports Parl( and pYoNiJe smal lo encourage other sports and recreational
Irilialives in thg area and to prgseNe lh8 (•1 ty) ensure that this strategy can ￿ pursued into the
foreseeable future.
A remew of CCLA'S COIF Investmeth Fund aKI COIF Ethlcal Fund was undertaken at meeting of Trustees,
induding a r￿leW and assessment ol the fur)ds' perfCffta￿e and comparator ber￿hMaIk. Trustees.
deliberatic￿5 *re Informed by the stalulory dubes pkiced ￿ Trustees lo manage carefully the fund$ under
their care, togethw V￿th Ihe evdving guidance from the Charities. Commission. Relevant risks were
ovalu8ted.
Trustees resLthd to mwlain the erKk)￿n8nI kn Ihe ￿sting Fund and not seek any transfer bul would keep
the matter under review in the light of any new investment strategies dec*led by CCL4 or signrficant variance
to th¢ stsled fund targal bencthark over the long lern?.

MERX)EN SPORTS AND RECREATION TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
ACHIEVEMENT AND PERFORlaANCE
Support to Meriden Sports Park
The Trusvs fvr#Jing relgtionship wth th8 L¥Jmp8ny thal runs Meriden spc￿ Park based on the latter
producing an annual business plan that fr￿5 the basls of a gFanl 8greement vAth the Tnjst. Trustees and
Directors of Meriden Sp)rts Park meet at kast once in Kne *ith the requifements of Trust Deed
Tripartit8 Agr•emenL
The Tru51 made grants to Meriden Sports Park totsllng £55,000 for ￿)re operaiwig costs 2024r25
The core operating granl was paid to MSP ltr￿Jgh the year. reccqNsing the cOntir￿Ing e4xts ol gr0￿d5
mainlenance, Securrty etc. for the Spcvts P*k.
It is Ilkety that a similar figure, but akn￿ng the Impact ol Iffia￿, the core opernt.ng grant f(* 2025126
ill bè agreed at least inibally. T￿$ wll bè confmed folloWw￿ re¥iew arKJ atproval of the MSP business plan
and their future requirements based on costed expendi￿￿.
Small Grants Progrnmme
This rmgramme Is paruculwly aimed at those invofved in sports recreational pursuits that are not Gatered
for by Menden spo￿ Park induding apFAicath?ns 9￿p$ rewesenting all recreational interests - not just
sport- arvj representing al secti￿S of ccffimunty.
FINANCIAL REVEW
Reserves policy
The Iru51ees have decided th* Wing reserv￿ ts unncessary duo lo lh8 simple nature of the charity and ivs
minimal running costs.
FUTURE PL•A8
The Tfust wll adhere to the same basK 51rategy as agreed at pre4fjous AGMS. but musl be prepared lo react
P05rtiv¢ly lo the oxlraordinary siluation wo are facing in thg cost of liviry crisis. Thi5 raises the
question of the Swe of the Twsvs ch8rit8bl8 (￿leCt￿eS and wthether they shDutsJ be revlewed.
Investrn•nt strat•oy: Make sure Ihat Meriden its surroundry area Is wel sen￿d by sports fadl'tss Into
the foreseeable futL5re. supportir¥J the cfft operabng costs of Mwiden Sports Park and providing small wants
to encourage othw sports and reCTratic￿aI initialives in the aw. To this end, Ihe inl￿Me g8neraled by the
TnJsVs investment strategy wil produce w annual inccffie that ￿ set 8 clear Smil for grant awarding year on
year, while maintsimg the wllal to ensure the Trusts aLty to cffilmue lo frjlfil its ot4'ectives in years and
decades lo come.
Supportlng the Sports Patk: The Tfust with the sp￿ts Parf( Company and the Parish Coundl to
build on the working retationship tretween the ts¥o brmthes and the wrKe8s for agreeing the annual Sports Park
Business Pl8n.
Small Grants Progrnmme: The Tnjst has pr(￿n018￿ the small programme throughout the year. As
resources alh)w, the Trust V*il seek futher ways d prornolirMJ its smal granls programme and %wykiNJ with
other voluntary [￿anIs8110nS in the Parish and areas to further its charrtajlè objectives.
STRUCTURE, GOVERNANCE MANAGEMENT
Go¥emlng documént
The Meriden Sports and Recreation Trust is consllttrted as a chaTitatle Th)corporated organlsatlon {CIOI and
ks ConstibJtion fomis the govemiry d(Kument. It should bB noted that MS&RT neither own nor lease any
propety nor does il have any employpes. Under its ￿$tIlUtiM. ¢haritytrustees may not recoive financial
bgnefft from MS&RT. The Trust operates thr(￿ the vothtay, unpahj work of its trustees.

MERIDEN SPORTS AND RECREATION TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recrultment and appointment of new tnJ$tees
The G¢)vemance of the charity is overseen by the t￿ard of Tnjstees (The knard). Trustees a￿ recwiled by
the Board consider the $ki#s cuThenlty* availat4e and then identity the requirwnents needed of any
additional or reptacemenl trustee. Pol8ntial trustees tre invited to a preliminary (liscussion the Board. In
SUCtsSsful apwntrnenl of o trustee. the project diredw prepw8s and pro￿deS do1￿mentary and verbal
induction pack to intr(yJuce the trustee lo the Workw￿ and ctydives of the organlsation.
There are e￿h1 In￿lees. positions. Seven are a*rity Twstees appomted for between 2- and 4-year terms
d 0￿ is a trustee rvJmin8ted by Mgrldon Pwtsh 8 wicmj cl 3 years.
Organlsallonal structure
A board of up to 8 trustees {inclu(fing a P&ish C￿￿cl ￿m￿ne8) drawn from Merlden and the surroundiThJ
area act as the Board for Ihe Trust.
t*Jring 2024125 the following V&pre 1rust888:
Dawd Buckland
Gery Russell
steve AJIc￿k
chard Lews
Adrian Wocxl
Carol 8uckland
Heath￿ Morelon
- ChaK aThJ Ink to Ihe Charilies Commisslth and CCLA
- Past chair and li￿ to CCLA
- SeL¥elary (resigned 21.11.2024)
- Treasurer
- Past thair and joint reswthw fLr the small grants wogrnmm8
- Small grants prowime
- Assists ¥￿th publ
Trustees continue lo recognise that Ihe Bowd retains a balance of skils and that new polenlial tNstees wlth
the Ilght s￿[[S are identifEd to replace retiring truste8S at the erKI of t￿￿ iemis of office. A5 in the pr8wou$
year. Iruslees make It a wiority to encourage ￿terest h becomw 8 trustee V+ithin the local coMmu￿Y by
blicising wqdely on its vRbsite and eJse%there the wnrthance ofthis charfty to the ftjture of the Parish and al
the same time emphasising that the Imne comrnilment is highty manageable.
2S_i)L.2<)
Approved ty Lyder ￿ the to8rd of trustees ￿ ............................................. and swJned on Its behatf by..
D Buckiand- Trustee
Page 5

INDEPENDENT EXAMhNER'S REPORT TO THE TRUSTEES OF
MERIDEN SPORTS AND RECREATM)N TRusr
Ind•pendont •xamln•rfs r•port to th¥ tnmtO￿ of Merld•n 8ptsrtB and RKreatkm Trust
I report to the tharity tru$le8s on my eXaminatic￿ L* the 8ccounts of Meriden Sp￿ts and Recreation Trust
{th8 fwstl for the year end8d 31 March 2025.
R•sponslbllitles and basi> of report
As the charity twslees of the Trust yw are resp￿ts￿ fc* the preparat1￿ of acC(￿nIS n aCCord￿ce wth
iha requirements of the C￿￿1￿eS Act 2011 ('Ihe Acf).
I report In respect of my examinakn ol the Tntsvs 8Ctounts carried ￿jar Secth)n 145 of the Act and In
carrying out my examination I have all appkaL4e DIre{Ato￿ grven by Charrty Commission L￿der
Section 14515)Ib} of th8 Act.
Indop•nd•nt •xafflln•rfs stat•m•nl
I have completed my exwnination. I confirni that no malwial mallers hav8 come to ry attentlon In ￿nned
Y4th the examination gi¥ing me cause lo belie￿ that in matwial resp&c
accounting reGords were not kept in rgspect of the Twst as required by SeGUon 130 of the Act or
the accounls do not actsjrd wth those records; or
th8 accounts do not ccrfnF4y ¥*ith the app￿¢&ble requ¥em￿lS c￿c￿n￿g the fomi and content of
accounts set out in Ihe Charityes {Ar￿￿￿ts ar￿ Rep￿ts> Regulati￿5 2008 other thgn any requirement
that the accounts give a true and fair viw 1$ not a m?tter consldered as part of an independent
examination.
I have no c￿cernS and have ccone ac¥oss no cthr matters kn cfjnn8ctiw ￿ the examinatN)n to 4¥hich
attention sFKJubJ b8 drawn in thi8 repcwl in (￿der to enable a prow undarstsndiw of Ihe accounts lo be
reached.
Jeremy Kllson FCA
Pfim8
Chartered Accounlants
Comer Oak
1 Homer
so11h￿l
8913QG
23106/2025
Page 6

MERIDEN SPORTS AND RECREATION TRUST
STATEMENT OF FWANCIAL ACTivrrES
FOR THE YEAR ENDED 31 NARCH 2025
2025
Total
funds
2024
Total
funds
Uryeslrthd Endowmert
fuNI
fund
INCOME AND ENDOVlllENTS FROM
Investment income
68.518
68,518
66,990
EXPENDITURE ON
Charltsbl• a¢tlvltlo$
Grants lo insUlUti￿8
Suptrt)rt costs
Grants to indimduals
62,175
2.498
62,175
2,498
500
55,468
2,497
Total
6&173
65.173
57,965
Nel gain81{lossesl on 1nv8strn￿ts
1111876)
(112.876)
203.8(6
NEf INCOMEI{EXPENDITURE)
(111876)
1109,531
212,831
RECONCILIATION OF FUNDS
Totsl funds I￿￿ght fotymrd
91234 2M4646
2,513,8aO
2,301,049
TOTAL FUNDS CARRED FORWARD
94,579
2,309,770
2,404.349
2.513,880
The Mtes form part ofthese fwwiraal slalements
Page 7

AIERIDEN SPORTS AND RECREATION TRUST
STATEMENT OF FW4ANCIAL POStTION
31 MARCH 2025
2025
Total
funds
2024
Total
funds
lund
fund
FIXED ASSETS
Investments
2,309,770
2.309.770
2.422,646
CURRENT ASSErs
Cash at b8nk
96,079
96.079
92.674
CREDITORS
¢Mts f*ling due within one
11.4401
NET CiIRRENT ASSETS
94579
91,234
TOTAL ASSETS LESS CURRENT
LIA8IUTIE8
94.5rn I309,770
2A04.349
2.513,880
NET ASSErs
94.579
1309.rn 2.404,WJ
2,513.880
FUNDS
Unrestricted fuThJs
EndovmiBnl funds
10
94,579
2.309,770
91,234
2.422,646
TOTAL FUNDS
2,404,349
2.513,880
The financial statéments *re apwoved by Ihe Bo¥d d Tr￿te65 and authorised issue on
:..&.-..ap%x........... and signoj ffi its behaLI ty.
D Buckl￿d- Trustee
Page 8

MERIDEN SPORTS AND RECREATION TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operating activltl•s
Cash g8neraled from c4Jerations
T15
6.921
Nel cash Fyovided by cf)eratiThJ ac*vitses
775
6.921
Cash flows from Inv•stlng acthililes
Interest receiveLI
1630
2.394
Not cash provided by inve8tirKJ actiifjlies
1630
2,394
Change in cash and cash •quivalents
In the reporting pevlod
Cash and cash equlval•nts at the
b•glnnlng of lh¢ r•portlng pellod
9.315
92,674
83,359
C•sh and cash •quivalents at th• WMI
of th• roportlng p•rlod
92.674
The notes frm part of these finandal statements

MERIDEN SPORTS AND RECREATKIM TRUST
NOTES TO THE STATEMENT (* CASH FLOWS
FOR THEYEAR ENDEO 31 MARCH 2025
RECONCILIATION OF 14ET (EXPENDmJREytr4COIAE TO NET CASH FLOW FROM OPERATING
ACTMTIES
2025
2024
Net (¢xpendlture)llncom• f¢r lh• vepwong {as per the
stalement of Flnanclal Actlvltles
Adjustments for:
Losses/lgain) on investments
Interest received
Increase in credita
212.831
112.876
116301
{203.806)
(2.394)
Net cosh provlded by O￿n8
775
6.921
ALYSIS OF CHANGES W NEf FUNDS
Ai 1.4.24
Cash Ih)w
Al 31.325
Not ¢Jsh
Cash al bgnk
91674
3A05
96,079
91674
3A05
9fj.079
91674
3AQS
9fj.079
The notes f(*m pat of these fmancaal slatements
P&Je 10

MERIDEN SPORTS AND RECREATIOM TRUST
NOTES TO THE FINMCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POUCIES
B•¥l$ of preparfng the flnanclal ststemtnts
Th8 f￿anCIal stat8ments of the charity, is a wt*c b8nefil entity under FRS 102. have been
prepared in ￿ordance ¥￿th the Charilies SORP (FRS 102) 'ALcwnting a￿1 Reporting by Charities..
Stslernenl of Reccrfnmended Practice applicable to charities preparing 1heir accounts in accord8nce
th the Finan¢wl Reporling Slandard applicai4e in Ihe UK and Repub￿¢ of Ireland IFRS 102)
(effective 1 Januwy 20191., Fin8nual Retmyting SI￿dard 102 Th8 Finandal Rep￿ng Standard
applicable ￿ the UK and Rewb]ic of Irela)d' and Ihe Charilies ALX 2011. The fmancial statements
have been prepared un¢Jer tha hisltyical cost ¢onvwrtieyt. wryth tho 8xc8ption of investments whith are
induded al market value. as ms>*f￿ by the rev4uakn ol certain assets.
Income
Income is recognised in the Sial8m8nl of Fwial AdjThs vJh8n the charfty has entllemenl lo Ihe
fund5. any perfomiance Condi￿nS attached to the itemlsl ol in￿rne have been met, it is probabl8 that
Ihe in¢c*ne will be rewved and th8 amount can b8 measured r81i8bly. Th& fdlowing specific policies
are apph'ed to particular categories of income:.
- Inveslment income is eamed through hobjing assets fty inNEstrnent wfj)oses suth as shares and
temi deposit a￿oUnts. It inthdes inte￿1 ￿￿oMe *l)ich is recogni5ed as it accrues. and dividend
Income vthith is recognbsed as the tharws rlght to receive payment is established.
Expendilure
Al expenditure is accounted for ￿ an ac£ruab basis ￿ has been dasslfied under activitles that
aggregate all costs related lo any particular athity. Expenditure is recognised where there 15 a legal or
c￿StruCtive obligation to make payments to thlrd p8rties', r( is probatk that the settlement V￿[1 b
required and the amwnt of the obFoatic￿ can be measured reli8bty. 11 is calegori5ed under the
followng heading8'.-
- Costs of raising funds ccrfnFvise ¢osts inawred by tho charlty in th? genera￿n of donation and
fundraising in￿Me.
- Expendilure on tharitable adiwknes tlTh8 ry)sts ¥iuwred by the charity n the delivery of its
adi¥￿eS and far its bgnefioarie5.
- Other expen(Jiture represents Ihose it￿$ nrt f￿lig into the celegories above.
- All categories of costs indud8 costs that be allocated (Irectty lo such aGtiwties and those
costs of an indirÈLa nature necessary to suiwl them.
Grants offered subject to conditions vthich have nrrt been met at the ￿ar erKI date are noted as a
commitment bul not accrued as expenditure.
Taxatlo
The charity is exempt from tsx on its thari* aclt¥il*s.
Fund •ccountlng
Urweslricte(I funds can be used in acC￿￿Ce wryth Ihe dwritable objectives at the dlscretlon of the
Iruslees.
Re$tn"cled funds can cffjly be used fc* par￿CUlar r8strided wrposes within the o*"ects of the tharily.
Restrictions arise when speufied by the don(x Of v11￿ finds are raised particular restrfcted
purwses.
Further explanatIC￿ of the nalure of e8ch furKI is ncbjed in the notes to th& financial
ststements.
Investments are slated at their far value. Charyes h) far va￿e are racowised in profft or loss. The fair
vdue of a quoted investment is ils bid price.
Page11
conlinued...

MERIDEN SPQRTS AND RECREATION TRusr
NOTES TO THE FINP14CIAL STATEMENTS- c¢)ntlnu
FOR THE YEAR ENDED 31 M*RCH 202S
INVESTMENT INCOME
2025
2024
Inveslment income
Deposit aCc￿nI interest
64.596
2.394
1630
68,518
66,990
CHARITABLE ACTMTES c￿sT8
Grant
ftjnding of
Support
costs1se8
note 5)
(see note
41
Totals
Grants lo Institulior
Support costs
Grants lo individuals
61175
62.175
2.498
500
1498
61675
1498
65,173
GRAKf8 PAYA8LE
2025
2024
Gran15 to Ins1￿Ul10nS
Grants to individuals
61175
500
55.468
62.675
55.468
The lotsl paid to inslibJkn was as
follows..
2025
2024
Merlden Sports Park
Grants to in(JNiduals
Floral Society
Meriden Aero Mcxlellers
erfden Ifilage Ham Art Exhkni
62.012
55,000
300
163
61675
55,468
Page 12
continued...

MERIDEN SPORTS AND RECREATION TRUST
NOTES TO THE FINANCIAL STATEMENTS - c(*nllnuod
FOR THE YEAR ENDED 31 M*RCH 2025
SUPPORT COSTS
Govemance
Managemenl
Totals
Support rnsl$
99B
1.500
2,498
S￿p￿ costs, inckKled in the 8tMW8, are as fokns:
2025
Supp(rt
rA)sts
2024
Totsl
adivtlles
Insurance
Website costs
Room hire
Accountsncy and b3al fees
738
260
662
115
50
1.670
1498
2.497
TRUSTEES. ￿MuNERATIoN AND BENEFITS
There were no tnjslees, remUnwali￿ or other bwwfils ts the ended 31 March 2025 nor for the
ar ended 31 March 2024.
Trust••s' •xp•ns
There were no truslees. expenses ￿ fty the 31 PAarth 2025 nor for the >tar ended
31 Marth 2024.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivrriES
Unrestn"cbJ EThJowxenl
fund
fund
funds
INCOME A14D ENDOWMENTS FROM
Investmant income
66.990
66,990
EXPENDrruRE ON
Ch•rftabh a¢Uvftl•s
Grants to lis￿￿tionS
SLPFQrt costs
55.468
2,497
55.468
2,497
Totsl
57,965
57,96S
Net galns on investments
203.806
203,806
NETINCOME
9.025
203,806
212,831
RECONCILIATION OF FUNDS
Told funds braught forward
82.209
2218,840
2.301.049
Page 13
1inued...

MERK)EN SPORTS AND RECREATION TRUST
NOTES TO THE FINANCIAL STATEMENTS - ¢ontlnu
FOR THE YEAR ENDED 31 MARCH 2025
COMPARATIVES FOR THE STATEMENT OF FINPXCIAL ACTMfES . conllrbu•d
UrYe5tricted Endo*Thent
fuThJ
rwj
Tol81
fvnds
TOTAL FUNDS CARRIED FORWARD
91.234
2.422.646
2.513,880
FIXED ASSET WVESTMENTS
Llsteil
invegtrnents
MARKET VALUE
Al 1 April 2024
Revaluati￿$
2.422,646
1112,878)
At 31 March 2025
2,309,770
NET BOOK VALUE
At 31 March 2025
2.309,770
At 31 March 2024
2.422,646
There were no M)vestment assets (xbtside the UK.
Cost ty valuati￿ at 31 Marth 2025 is repro￿tell ty.
Llsted
Investhi¢nt
valuati￿ in 2017
Valvab'on in 2018
V8lu8tion in 2019
Valuation in 2020
Valuation in 2021
Valuation ￿ 2022
Vakjalion in 2023
Valuation in 2024
V81ualion in 2025
Cost
283,080
34.842
132,843
(57,174)
363,824
183,898
{86,412)
203.805
1112,876)
1,363,940
2,309,770
Page 14
conlinued...

MERKIEN SPORTS WID RECREATION TRUST
NOTES TO THE FINANCIAL STATEMENTS - ¢¢￿tInU
FOR THE YEAR ENDED 31 MARCH 2025
CREDITORS: AMOUNTS FALLING DUE wmiwi ONE YEAR
2025
2024
Other creditors
1,500
1.440
10. MOVEMENT IN FUNDS
Net
movemenl
in funds
At
31.3.25
1.4.24
Unrostrfcted lunds
General fund
91lJ4
3,345
94,579
Endowment funds
Endowment
2A21646
1111876) 1309,770
TOTAL FUNDS
2,513.880
1109.5311 2A04,349
Net movement in funds. induded i) the above arè as I￿￿¥$.
Incoming Resources Gains and Movement
resources expended
losses
in funds
Unreslricted fvnds
Gener81 fund
61518
164ini
3,345
Endowm•rrt funds
EThJowment furKI
1112,876) 1112.876)
TOTAL FUNDS
68.518
165.1n) (112,8761
109,531)
compara11￿$ for mov•m•nt In fvnds
Net
movement
funds
Ai
31.3.24
At 1.4.ZJ
Unr•stricted funds
General fund
9.025
91,234
Endowmentfunds
Endowment lund
2,218,840
203.806
2.422.646
TOTAL FUND8
2.301.049
212.831
2,513.880
Page 15
nlinugd...

MERIDEN SPORTS AND RECREATION TRUST
NOTES TO THE FINAMCIAL STATEMENTS- conllnwd
FOR THE YEAR ENDED 31 MARCH 2025
10. MOVEMENT IN FUNO8-
C(ffnparaliv8 net movement In funds. inc1K1￿ in the above are as fokn..
Incomifig
ResC￿ceS G8Mis and Movement
eXPe￿Ied 105S8S
in lunds
Unrn8trlcted fund4
General ftjnd
{S7.965)
9.025
Endowment fund¥
Endowment fund
203,806
203,806
TOTAL FUNDS
{57.965)
203,806
212,831
The end*y•47ntnt fund is held in inveslment ￿ P￿Ide the the Trust with an annual incorn8 that ￿111
ovide a clear ￿mil for grant aw8rding year yew. maintsining the cawtal to ensure the Tru5Vs
*)ility to C￿tIntse to lulfil Its oL4ect6ves in ￿ar5 •NI decades to come.
11. RELATED P*ATY fMscLOSURES
Therè were no related paty tr•￿act￿￿ lor the year ended 31 Marth 2025.
Page 16