Charfty registration number.. 1165546 Company r•glstratlon nuMr. CEOO5390 RADNORSHIRE INDOOR BOWLS ASSOCIATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
RADNORSHIRE INDOOR BOWLS ASSOCIATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENOEO 30 SEPTEMBER 2025 INDEX Pagg Raport of Ihe Trusle8S Independent Examiner's Rep¢yt Slal8ment of Financial Activities lincluding Inrne and ExndItUre Accounl} Balance Sheet 8-13 Nol8s lo the Financial Stalarnents
RADNORSHIRE INDOOR BOWLS ASSOCJATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 202S Th& Trustoos (who are also the Directors for the purpose of Company L8wI pr8s&nt their report. togetherwith the Financlal Statements of the Charity for the year ended 30 Séptèmber 2025. OUR PURPOSE AND ACTwmES Obiecbves of the tharity as $tatad in thè constitution ar• as follows.. The advanceThnl of Ihg amateur sport by promoting th8 gam• of bowls for the benefit of residents in LlandriThlod Wells and the county of Povrys. The provision of facilities lor learning, coa¢hing, and plaw.ng the game of bo%$ for the beneffit of residents ol Radnorshire and the wider area, which indudes the County of Powys with the object of improving th8 haalth, fitness and overall corKlilions of life. ACHIEVEMENT AND PERFORMANCE The RIBA actively enwuraggs lo¢al residents ol all a9as. and abilities to visit the bovAs stadium with the ofler of three free taster sessions, with b8si¢ coaching, to introduce the individual to the garne of bowls. All equiprnent is provided free of charge, and thi5 includes bowls, shoes and equipment lor the less able. Facilities on ofler include free car parking. changing rooms. disabled toilet fa¢ilits'Ès, a licend bar, and a dining area woviding hot meals, snacks and beverages al competitive prices. The wam and frifjnd abmosphere offers a welcoming and friend sodal meeling space. Th& total mombership of the RIBA by the end of the 2024125 season was 173 m•mbers (compared to 225 mambers in 20231241. A breakdown ol the 2024125 figures show that RIBA had 6 All-Year-Round Adult members. agÈd beeen 18 and 60, {comparod to 13 Al-Year-Round Adult mernbers in 20231241. There wara 118 All-Year-R<)und Sènior members, aged 60 and over, in 2024125 (compared lo 124 1-Yaar-RoUnd Senior members in 20231241. There wer8 41 Wintèr Only mamrShIps, which ran from 01110124 until 30104125, 1mpar9d to 57 Winter Only rnemberships in 20231241. Thgre w¥r8 5 Soaal members (non-playingl in 2024125 Icornp8red tts 6 SocAal members Inon-playingl in 20231241- There were 3 Life members in 2024125 (compared to 5 Life mernbers in 20231241. Wa replaced the plawng surface and after three stretches il is now playing at thg speed of 17.5. e have had a shipping container placed outside to help with storage ol equipm8nt and charity items. Tho Walsh finals were held at the dub in April and were a great success. We tried out g nèw vouchèr card system. which was rec&ved quite well by the parb¢ipants. There a a few areas to iron out. lo bo discussèd at this AGM, induding Incèntw&s and improv+ng the layout. We are looking at having 80meone to investigate and apply for grants as their sole mle in the club. We ar• looking at a new web site whh will link with the other social media sitès, to improve our profile. this will all be designed so all media will have the same image and knt5. This will aid in our promofjons. along with more and bg11gr sponsorships. We are looking al s¢hool$ comlng to us, but transport Is proving to be a prCeM for many. due lo funding. Steve and Maur8en Taylor ran 8 new toumament that was w911 recaived. Part of the pred$ 9) lo a diff&renl charity ol ch0e every year, this year was Brack$n Iru$t.
RADNORSHIRE INDOOR BOWLS ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025 PLANS FOR THE FUTURE RIBA will work toward5 achieving the aims of the Busines5 plan, revising and developing the airns according to all relevant factors. In SL¢mmary our aims include.. The web sites and soaal media presence. Building mèintènane•. whieh includès rèpairs to the rrxjf 8nd rep8irs to all th8 fir8 doors and émargancy 8x118. Improvements to the f8cilities are being discussed. as fr>r the score boards and p085ible carnera above the heads, also 8 new PA system. Improvements lo the kitchen and layout ol said kitchen. Coming up for Tender are.. Catorfng Fran¢his¢ Bar franchise Cleaning contract Continue to raise the profile of RIBA within the locality, arKI forge links with GP'S, Bracken Trust, MIND, all schod levels, grar00t sports ¢lubs, and increase rnembership as a result PUBUC BENEFIT STATEMENT The trustees ol the RIBA confirm that this report provides a summary of the main activities undertaken by the charity to carry out Sts charitable purpose for the public benefit. FINANCIAL REVIEW The Financial Statements show nel 1055 for the year of £4,73512023 - Net inc4)me £45,017). Incomg was down Irom £103.261 in 2024 10 £58.434 in 2025 and Expenditure increased to £63.169 compared lo £58.244 In 2024. Income was generated from a number of sources. The main source of income were Green Fees of £35,845, up Irom £32,898 in 2024. Grants received in the year tolalled £500 compared to £46,885 in 2024. Membership Subscriptions were £8,913, slighuy down from £9.217 in 2024. Income from other activities included Fund raising income. sale of club merchandise and income from the catering franchise at)d totalled £11.144 which was up from £9,950 in 2024. The rnost significant expendituro costs were th8 stadlum Llght and Heat whlch was £22.627 12024 - £25.0051, Rapaits and Maintenance £4,36212Q24- £4,008) and Ihg stadium Cbaning Costs £6,66412024- £4,874). Fixgd Assols are valued al £87,836 wmpared to £29,292 in 2024. Current Assets total £111,752 Gompared lo £172.43T in 2024 and Current Liabilities are £9,604 up from £7,010 in 2024. The RIBA is the freeholder of the $tadiurn. grounds and car park. RESERVES POLICY Previously, Radnofshire Indoor Bowls AssociatK)n was required tr) ansure that free monies are available in each financial yèar tts maot any rgasonably forgsotrablg ¢gntinggn¢y. Thg fr89 r059rvgs at 30 Sèpt¢mb&r 2025 ware £101.64812024- £135,159). INVESTMENT POLICY In furtherance of ts objects, and for no other purposes. the Company has the power to invest the monies of the Charity not immediately required for its purposes in or upon such investrnents, seojrities or property as may be Ihoughl fit, subject nevertheless to such conditions and such consents as may lor the time.
RADNORSHIRE INDOOR BOWLS ASSOCIATION REPORT OF THE TRUSTEES FOR THE Y&4R ENDED 30 SEPTEMBER2025 LEGAL AND ADMINISTRATIVE DETAILS Charity Namg.. Radnorshirè Indoor Bowls Association R&gistered Charity Number.. 1165546 Rogislered Company Number. CE005399 Registerod Offi¢e'. Recreation Ground Off Spa Road Llandrfndod W611s Powys LD15EY Trustees.. John Dackers Paul Vaughan Ghair to January 2026 rreasurer from October 2024 to May 2025 Resigned May 2025 R8signÈd January 2026 Tristan Blanchard Maureen Beckingsale Betty Morgan MBE Corinne Worsley Chair from January 2026 Se¢retary lo February 2026 Resigned lebruary 2026 Resigned February 2026 Treasurer to October 2024 Retired October 2024 Appointed February 2025 Treasurer from May 2025 Appolnted April 2025 AppcNnted July 2025 Appointèd July 2025 Socrétsry from FebnJary 2Q26 Appointod January 2026 Appointed January 2026 Apnted January 2026 Shanaz Dork•noo Steventon Gillian John DavKI Williams Nigel Frankland Steve Taylor Maureen Taylor Martin Hunt Steve Farey Roger Smith Bankers.. Thg Cwperativo Bank plc P.0. Box 101 1 Balloon Street Manchester M604EP Independent Examiner. A C Jonas Bsc IEcon}, FCA Andrew Jones & Co Chartered Accountants The Old Surgory Spa Road Uandrindod Wells Powys LD15EY
RADNORSHIRE INDOOR BOWLS ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENOED 30 SEPTEMBER 2025 GOVERNING DOCUMENT RIBA is a Charrtable Incorporated Organi5alK•n and 15 a regi51ered Charity with thè Charity Commission govemed by its constitution. ORGANISATION Th8 policy and management ol th8 thirs of Charity shall be Managed by the Trustees RISK REVIEW The Trustees h8vg nductd Ihgir own review of th8 rnajor risks to which tha Charity is exposed and systems have been established ¢0 mitigate those risks. These procedures a ped(Kllcally reviewed to ensure they still meet the needs of the Charity. TRUSTEES, RESPONSIBILITI&8 The Trustees are Sponble for prepartng the Trustees, Rep)rt and the Financial Ststements in accordance with applicable law and United Kingdom Accounting Standards Iunited K4'ngdom Generally Accepted Awounting Pmeticèl. Charity18w requirtrs th9 Trust90s to prgparo FinanGial Statam8nts lor each financial year which give a true and fair view of the stsle ol aff8irs of the charity and of the incoming rèsourcas and application of resources, including the income and expenditu, of the charity for that period. In pr8paring th858 Finanaal Stat8m8nls. tha Trustees are required to.. select suitable accounting policies and then apply them consistenNy- observe the methods and prinaples in the Charitie5 SORP., mak• judg•m8nts and •stimat•s that ara rèasonable and prudenl., state whether applicable UK Accounting Standards have been followed. subject to any material departvre8 disclosed and explained in tho Financial Ststomènts. prepa the Financial Ststements on the going ¢oncem basis unless It is inappropriate to presume that the ompany will continue in business The Trustees are re8ponsible for keeping proper accountin9 records which disdoso With reasonable accuracy at any lime the financial position of the charity and lo enable Ihern lo ensure that th8 Fsnancial Statements comply with the Charities SORP. They are also responsible for safeguarding the assets ol the charitable company and hence for taking reasonable steps for the pr8V8ntion and detection of fraud and other irr8gularities. The Report of the Trustees has been ppared in accordance with the Staternent ol Recommended Pra¢tl¢& - Atcoundng and Rèporting by Charitias ISORP 20151- Approved by the Trustees on 31 March 2026 and signed on Iheir behalf by.. B Morgan MBE Chairman
RADNORSHIRE INDOOR BOWLS ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RADMORSHIRE INDOOR BOWLS ASSOCIATION I report to the trustees on my examinotion of the accounts of thè Ch8rltabb Incorwatsd Organisation for the y8ar ended 30 Septernber 202$. which are Set otrt on pag95 9 10 15. R•spgctlve Responslbllltlos of Trusle88 and Examlngr As the charfty's trustees. you are responsibb for the preparation of the accounts in accordance requiremfrnts of the Chariti¢s Act 20111'lhe Acl°}. l port in re8pg¢1 of my 8xamlnatlon ol tho charity's accounts carried out under section 145 01 the 2011 Act and in carying out my examination, I hava folknwed all th& applicabl• directions given by the Charity Commis5i)n under section 14515llbl of the Act. Basis of Independent Examlnor'$ R¢port My examination was carried wt in accordaneè wlth thè Gèneral DirÉctions given by the Charity CommLsslon. An examination indudes a review of the accounting records kept by the Charity and a Comparison of tha accounts pres8nt8d with thos8 r8cords. 11 also includes consideration of any unusual items or disclosures in thè accounts, and seeking explanations from you as Trustees conceming any such mattets. The procedures undertaken do not provid& all tho evid&nc6 that would b& required In an audit and, consequently, no opinion is given as to whether the accounts prèsènt a'true and fair view, and the report is limited to those matters set out in the statement below. Independent Examinèr's Statamènl I have completed my exam*n8tion. I confirm that no mattèr5 hav8 coma to my attention in connection with the examination which gives me ¢ause lo bttll8ve that In. any ma16ri81 spect.. The accounting record3 were not kept in 8¢¢ordan¢e with $o¢tion 130 ofthè Ch8rtti•s Act. or The account did not accord wlh the accounting records,. or Th8 accounts did not comply with the applicable requirernents concerning the ft)rm and contènt of atCOLtnts sat out In the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give 8 'trug an¢J falr, ?W which Is not a matt¢r considered as part of an Ind8p8ndent axaminalion. I have no cx)nc8ms and have come across no other matters in connection with the exarninalion to which attention should be drawn in this rttptsrt in Order to bnablè a propèr undèrstanding of thè accounis to be reached. A C Jones Bsc (Econl FCA Andrew Jones & Co Chartered Accountants The Old surgery Spa Road Llandrindo¢J Wells Powys LDI SEY 1 Aprll 2026
RADNORSHIRE INDOOR BOWLS ASSOCIATION STATEMENT OF FINANCIAL ACTMnES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 SEPTEMBER 202S Total Funds Yoar End•d 301912025 Totsl Funds Year Ended 301912024 Unrestricted Fund$ Restrict Funds INCOME Donations and Legacies 152 152 1,307 Charitsblo Adlvi118$ 44,978 soo 45,478 89,688 Othor Trading Actiwties 11.144 11,144 9,950 other Income 102 Inveslrnanl lrncome 1,660 1.660 2,214 TOTAL INCOME 57.934 58,434 103,261 EXPENDuRE Costs of Raisiro Funds 250 250 262 Charitsbl8 Activities 61,219 1,7C4) 62,919 57,982 TOTAL EXPENDITURE 61,469 1,700 63,169 58.244 ET INCOMEIIEXPENDITURE) BEFORE TRANSFERS 13,5351 11.200} 14.7351 45,017 Transfers Befven Funds 4,768 14.7681 NET INCOMEIIEXPENDITUREI AND NET MOVEMENT IN FUNDS FOR THE YEAR 1,233 {5.9681 14.7351 45,017 Total Funds Broughl FOard 164,451 3D.268 194,719 149,702 Total Funds Corried Forward 165,684 24.300 189,984 194,719 The statemenl olfinancial activities indudes ?11 gains and ltsss&s recognised in Ihe year. All Incomlng rnsourc8s and rasourcas expended derive from continuing activitiès. Thg notes poges 8 10 13 an intsgral part of Ihesg Financial Ststements.
RADNORSHIRE INDOOR BOWLS ASSOCIATION BALANCE SHEET AT 30 SEPTEM8ER 2025 2025 2024 FIXEO ASSETS Noto Tangible Assets 87.836 29,292 87.836 29.292 CURRENT ASSETS Stocks 120 500 Debtors 706 36,482 Cash al Bank and In Hand 110.926 135,455 111.752 172.437 CURRENT LIABILITIES CraditS falling due within one year 19.6D41 17,0101 CURRENT ASSETS 102.148 165,427 NET ASss 10 189,984 194.719 THE FUNDS OF THE CHARITY Unreslri¢ted Funds 165.684 164,451 Restricted Funds 24.300 30,268 TOTAL FUNDS 10 189,984 194,719 Th8 financaal statements We approved by thg board of Tnjstees on 31 March 2026 and signad on their behalf by.. B Morgan M8E Chairnian D Williams Treasur8r The not$s on pages 8 to 13 form an integral part of these Financial Statements
RADNORSHIRE INDOOR BOWLS AsSOCTION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 1 ACCOUNTING POLICIES Bas1¥ of Prèparation The Financial Statements have been prepared in accordance with Accounting and Reporbng by Charities= Statement of Recomrnended Practice applicable to charitie8 preparing their aGwunts in aocord8nce with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20151- (Charities SORP IFRS 1021}, the Financial Reporting Stsndard applicable in the Unf(ed Kingdom and Republic of Ireland IFRS 1021. Thè charity constitutes a public benefit entity as defined by FRS 102. Assets and liabilities are inits'ally recognised at historical cost or transaction value unless otherwise stated in the relevant accounting px)licy notelsl. Pr•paratlon of Accounts on a Golng Concern Basls Th8 trustees consider that there are no material uncertainties about the chariils ability to continue as a going coneèm. Exemptirjn from Pr•paring a Cash Flow Statsm•rtt The tharty optad lo adopt Bulletin 1 published on 2 F8bNary 2016 and have thefOre not induded a cash ftow statement in theso financial st81em8nts. Incorning Re$our Incoming resourc8s including capit81 grants for the purcha58 of fixed assets are included in full in the Statement of Financial Activities when Ihese are receivable. Incorne represents amounts receivab in the year and includes donations, grants, membership sub$criplitsn8, green fees, venue hire and interest received. R•sourc•s Expgndod Resources expended are accounted for on an accruals basis exclusive of VAT. Expenditure is directly attributable lo specific activities and has been included in c05t categories ol costs of generating funds. charitabl& expenditur6 and gtsv8rnancè of thè Charity. Whèr6 costs cannot be 1CtlY attribL4ted to these categories in respect ol 8drninistration &xp8n$e$, il Is gstimatad basad on actlvity l&vals thAI gOOA ol these costs are attributable to diract chaThtable èxpènditur8 and 10% to gov8mancè. Tang5blg Flxod Assets Depreciation is provided at the following annual Tales in ordgr lo write off each assgt ovgr its 95limalgd u58ful lrfe= Freehokj Property 0% on cost Fixtures and Fittings 6.67% 110% 120Yo on cost Freehold Property is considered to be at a$1 equal to the carying value ol Freehold Property in the Financial Statements and Iherefore no depreciation has been provided on the building as this would be immaterial. Voluntary Halp and Gifts in Klnd Mo value is put on voluntary hèlp or on gifts rte8iv8d that eannot ba quantifi•d. Dobtor$ Trade and other debtors are recogni5ed al the settlemgnl amount due after any trade dis¢ount offarad. Prepayments are valued at the amount prepaid after tsking a¢ctsunt ol any trade discounts due. Cash at Bank and In Hand Cash al bank and cash in hand includes cash and short tem hMJhly liquid investmen15 with a short maturity of three rnonlhs or less from the date of acquisition or opening of the deposit or similar account. Crèdllorn and Provlslons Creditors and provlsions ttrè r8cognised wher• the charty has a present obligation resutting from a past event that will probably result in tha transfer ol fvnds to a third party and thè amount due to settle the obligation can be measured or 8Stimated reliably. Creditors and provisions are normally r8cogniséd at thèir s&ttlèm•nt amount aft8r allowing for any tra(Jo discounts due. Accountlng for Separate Fund$ The financial 3tstements of a charity musl differentiate befvrfeen restricted and unr8stri¢ted funds. Restricted funds are funds subject to spec¢fic conditions, imposed by the donor or by the specrfi¢ lemig of thè charity appeal less amounts expended for these purposes. Designaied funds are income funds of the Charity which have been set aside for specific puSes. less amounts expended for these purposes. Unrestri¢ted funds are all the othèr funds of the charity.
RADNORSHIRE INDOOR BOWLS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Totsl Funds Year Endod 301912025 Total Fund5 Year Ended 301912024 2 INCOME Unrn$trlctèd Funds Restrlctod Funds Donation$ and Legacies- Donations 152 152 1,307 152 152 1,307 Incom• from Charltabl• Actlv5tl•s: Grants Ro¢8ivable 500 500 46,88S 9.217 Membership Subscripbons Green Fees 8,913 35,845 220 8.913 35.845 220 32,898 688 L6agu& and Competition Entry Fees 44.978 500 45.478 89.688 oth¢r Tradlng A¢tlvltl•$: Calering Franchise Venue Hire 6.600 70 6.600 4.700 240 70 Sponsorship and Advertising Powys Lotto Merchandise 2.000 2.000 28 28 18 692 692 1,059 3.933 Fund-raising Income 1,754 1,754 11.144 11,144 9,950 Oth¥r In¢omo: Sundry Receipts 102 102 Inv•stm•nt Income: Interasl Received 1.660 2.214 1.660 1,660 2.214 TOTAL INCOME 57.934 500 58,434 103.261
RADNORSHIRE INDOOR BOWLS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE Y&4R ENDED 30 SEPTEMBER 2025 Total Totsl Funds Funds Y•ar End•d Year Ended 301912025 301912024 3 EXPENDITURE Unre$trlct•d Funds Ré$trlct•d Funds Costs of Ralslng Fund$: Fund Raising 250 250 262 250 250 262 Charltabl• Actlvltlos Costs DIrtlY All¢xated tg Activiti. Business and Water Rales 1,308 3,679 20,364 8,664 4,362 1,717 1,588 320 1.308 3,679 2.372 Insurances 3,259 22,505 4,874 4.008 1.302 1,797 330 Light and Heat Cleaning Costs Repairs and Maintenanco Environmental Disp¢)sal Fo&s Office Costs 20.364 6.664 4,362 1,717 1,588 320 Advertising and Website Fees Telephone and Intsmel DBS Che¢k5 1,055 1.055 794 Card Machine Fees 466 466 637 Licences 637 637 463 Competibon and Travgl Costs Trophi88 and Prfzes Subscriptitsn$ and Affiliation Fees Sundry Expensos Catering Merchandise 2,832 957 2,832 957 1.272 2.324 1.583 405 1,246 1,286 669 1,246 1,286 669 777 690 690 580 Donatn5 100 100 120 Depreciation C>f Owned Fixed Assets Govemance Costs (See bdowl 6,623 4,656 1,700 8,323 4,656 3,659 4,888 61.219 1,700 62.919 57,982 Anatysls of Gov•mance Costs Llghl and Heat Office Costs 2,263 176 2.263 176 2,500 200 Telephonè and Intamal Accountancy Independent Examinerfs Fee 117 117 88 1,650 450 1.650 450 1,650 450 4,656 4,656 4,888 io
RADNORSHIRE INDOOR BOWLS ASSOCL4noN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 4 TRANSFER BETWEEN FUNDS Unrestrlcted Funds Restrlct•d Funds Thg Transfor B•tw••n Funds In Th• Y8ar Aro: Transfvr of Funds from R&stri¢l*d Funds to Unrestrieted Funds 4,768 14,7681 4,768 14,7681 5 TANGIBLE FIXED ASSETS Freehold Propgrty Equipmènt, Flxturas & Flttlngs Total Cost or RevJluation At 1 Odober 2024 391 128,208 66.867 128.599 Add(b"ons 66.867 At 30 September 2025 391 195,075 195,466 Dopreciatlon At 1 October 2024 99,307 8,323 99,307 8,323 Charge for year At 30 September 2025 107.630 107,630 Carylng Amount AI 30 September 2025 391 87.445 87,836 At 30 S•pt&mbar 2024 391 28.901 29,292 8 DEBTORS 2025 2024 Other D8blors 20.885 Prepayments 706 15.597 706 36,482 7 CREOITORS: Amounts falllng du• wlthln on• yèar 202S 2024 Other Creditors 3.422 4.930 1,972 4,870 Accrual$ Membership Faès in Advance 1.252 168 9,604 7,010 11
RADNORSHIRE INDOOR BOWLS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 8 UNRESTRICTED FUNDS At 111012024 At 301912025 Income EXnditur0 Transfèxs Unrestrictèd Fund$: General Funds 164,451 57,934 161,4691 4,768 165,684 Totsl Unrestricted Funds 164,451 57,934 (61.4691 4,768 165,684 9 RESTRICTEO FUNDS At 111012024 Income Expenditurè Transf•rs At 301912025 Restrieted Ineom• Funds: Men's Section 1.663 2,109 996 11,6631 12.1091 19961 125,5001 Ladi88 S8ction Junirx S8ction Sportslol PAVO 25,$00 500 500 30.268 500 130,2681 500 Rostrict•d Caprtal Fund$: Sportslot- Bowls Surface 11.7001 25,500 23,800 11,7001 25,500 23,800 Total Restrided Fund$ 30,268 500 11.7001 14,7681 24,300 The purposes of Restricted Income Funds are= M•n's Sèctlon - funds for men's section activities. Ladles Sectlon - funds for Ladios $&ction activities. Junior Se¢tion- fund5 for Junior s8ction activiti8S. Sportslot- grant for replacement of bowls surfa¢e and purchase of a shipping containef for storag8. PAVO- grant to provide nuTne¢a¢y se85ions. Tangibl8 Fix•d Assets N•t curr&nt Assets 10 ANALYSIS OF NEf ASSETS BETWEEN FUNDS Total Unre$trictsd Fund$- General Funds 64,036 101.648 165.684 Restrietèd Funds 23,800 24,300 87,836 102,148 189.984 12
RADNORSHIRE INDOOR BOWLS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 11 CONTINGENT LIABILITIES There is a ntingent liability lor a possiblè under payment of eleclrioty due lo tho pvIouS provid&r. Due to the uncertainly of this matter, the Trustee5 are unablè to quantify an atTr)unL 12 TRUSTEES REMUNERATION AND EXPENSES No rèmuneration direeity or indirectty out of the funds of the Charfty was paid or payable in the yaar to any Trust8e or to any person or porsons known to be connected wth any ol them. NO èxpenses We paid to Trustees in the year ended 30 Sèptèmbèr 202512024- £1,276 paid lo 2 Trusleesl. 13 TAXATION The company is registered as a chamty and is th&refore not liable lo Corporation Tax. 13