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||Pages||
|---|---|---|
|Trustees' Annual Report|2 to 4||
|Independent Examiner's Report||5|
|Statement of Financial Activities||6|
|Summary Income and ExpenditureAccount||7|
|Balance Sheet||8|
|Statement ofCash flows||9|
|Notes tothe Accounts|10 to|18|
|Detailed Statement of Financial Activities|19 to|20|





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|for the year ended 31 May 20|25||||
|---|---|---|---|---|
|||Unrestricted|||
|||funds|Totalfunds|Totalfunds|
|||2025|2025|2024|
||Notes||||
|Income and endowments|||||
|from:|||||
|Donations and legacies|4|2,492|2,492|10,634|
|Charitableactivities|5|165,735|165,735|143,832|
|Other trading activities|6|9,461|9,461||
|Investments|7|1,133|1,133|472|
|Other|8|1,317|1,317|1,341|
|Total||180,138|180,138|156,279|
|Expenditure on:|||||
|Charitableactivities|9|5,059|5,059|4,391|
|Other|10|165,035|165,035|170,267|
|Total||170,094|170,094|174,658|
|Net gains on investments|||||
|Net income/(expenditure)|11|10,044|10,044|(18,379)|
|Transfers between funds|||||
|Net income/(expenditure)<br>before othergains/(losses)||10,044|10,044|(18,379)|
|Other gains and losses|||||
|Net movement in funds||10,044|10,044|(18,379)|
|Reconciliation of funds:|||||
|Total funds brought forward||574,263|574,263|592,642|
|Totalfunds carried forward||584,307|584,307|574,263|





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||2025|2024|
|---|---|---|
|Income|179,005|155,807|
|Interest and investment income|1,133|472|
|Grossincome for the year|180,138|156,279|
|Expenditure|153,157|159,595|
|Interest payable|2,371||
|Depreciation and charges for|||
|impairment of fixed assets|14,566|15,063|
|Total expenditure for the year|170,094|174,658|
|Net income/(expenditure) before tax|||
|for the year|10,044|(18,379)|
|Net income /(expenditure )for the year|10,044|(18,379)|





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|Company No.|09931923|Notes|2025|2024|
|---|---|---|---|---|
|Fixed assets|||||
|Tangible assets||13|522,366|536,933|
|Investments|||36|36|
|Current assets|||||
|Debtors||15|16,668|34,869|
|Cash at bank and in hand|||69,269|44,909|
||||85,937|79,778|
|Creditors: Amountfaling due within one year||16|(3,667)|(20,844)|
|Net current assets|||82,270|58,934|
|Total assets less|current liabilities||604,672|595,903|
|Creditors: Amounts falling due after more than one year||17|(20,365)|(21,640)|
|Net assets excluding pension asset or liability|||584,307|574,263|
|Total net assets|||584,307|574,263|
|The funds of the|charity||||
|Restrictedfunds||18|||
|Unrestricted funds||18|||
|General funds|||584,307|574,263|
||||584,307|574,263|
|Reserves||18|||
|Total funds|||584,307|574,263|





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||2025|2024|
|---|---|---|
|Cash flows from operating activities|||
|Net income/(expenditure) per Statement of Financial Activities|10,044|(18,379)|
|Adjustments for:|||
|Depreciation of property, plant and equipment|14,566|15,063|
|Dividends, interest and rents from investments|(2,450)|(1,813)|
|Decrease/(lncrease) in trade and other receivables|18,201|(34,869)|
|(Decrease)/lncrease in trade and other payables|(2,587)|6,213|
|Net cash provided by/(used in) operating activities|37 774|(33,785)|
|Cash flows from investing activities|||
|Dividends, interest and rents from investments|2,450|1,813|
|Net cash from investing activities|2,450|1,813|
|Cash flows from financing activities|||
|Repayment ofborrowings|(15,906)|36,271|
|Net cash (used in)/from financing activities|(15,906)|36,271|
|Net increase in cash and cash equivalents|24,318|4,299|
|Cash and cash equivalents atthe beginning of the year|44,909||
|Cash and cash equivalents at the end of the year|69,227|4,299|
|Components of cash and cash equivalents|||
|Cash and bank balances|69,269|44,909|
|Bank overdrafts|(41)||
||69,228|44,909|





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|Fund accounting||
|---|---|
|Unrestricted funds|These are available for use atthe discretion of the trustees in furtherance of the|
||general objects of the charity.|
|Designated funds|These are unrestricted funds earmarked by the trustees for particular purposes.|
|Revaluation funds|These are unrestricted fundswhich include a revaluation reserve representing the|
||restatementof investment assets at their market values.|
|Restricted funds|These are available for use subject to restrictions imposed by the donor orthrough|
||terms of an appeal.|
|Income||
|Recognition of|Income is included in the Statement of Financial Activities (SOFA) whenthe charity|
|income|becomes entitled to, and virtuallycertain to receive, the income and the amountof|
||the income can be measuredwith sufficient reliability.|
|Income with related|Where income has related expenditure the income and related expenditure is|
|expenditure|reported gross in the SoFA.|
|Donations and|Voluntary income received by way of grants, donations and gifts is included in the|
|legacies|the SOFAwhen receivable and<br>onlywhenthe Charity has unconditional|
||entitlement to the income.|
|Tax reclaims on|Income from tax reclaims is included in the SOFA at the same time asthe|
|donations and gifts|gift/donation to which it relates.|
|Donated services|These are only included in income (with an equivalent amount in expenditure)|
|and facilities|where the benefit to the Charity is reasonably quantifiable, measurable and|
||material.|
|Volunteer help|The value ofany volunteer help received is not included in the accounts.|
|Investmentincome|This is included in the accounts whenreceivable.|
|Gains/(losses) on|This includes any gain or loss resulting from revaluing investmentsto market value|
|revaluation of fixed|at the end of the year.|
|assets||
|Gains/(losses) on|This includes any gain or loss on the sale of investments.|
|investment assets||





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|Recognition of|Expenditure is recognised on an accruals basis. Expenditure includes any VATwhich|
|---|---|
|expenditure|cannot befully recovered, and is reported as part of the expenditure to which it|
||relates.|
|Expenditure on|These comprise the costs associated with attracting voluntary income, fundraising|
|raising funds|trading costs and investment managementcosts.|
|Expenditure on|These comprise the costs incurred by the Charity in the delivery of its activities and|
|charitable actlvltles|services In the furtherance of Its obJects, Includlng the making ofgrants and|
||governance costs.|
|Grants payable|All grant expenditure is accountedfor on an actual paid basis plus an accrual for|
||grants that have been approved by the trustees at the end of the year but not yet|
||paid.|
|Governance costs|These include those costs associated with meeting the constitutional and statutory|
||requirements of the Charity, including any audit/independent examination fees,|
||costs linked to the strategicmanagement of the Charity, together with a share of|
||other administration costs.|
|Otherexpenditure|These are supportcosts not allocatedto a particular activity.|



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||||Unrestricted||
|---|---|---|---|---|
||||funds|Totalfunds|
||||2024|2024|
|Income and endowmentsfrom:|||||
||Donations and legacies||10,634|10,634|
||Charitable activities||143,832|143,832|
||Investments||472|472|
||Other||1,341|1,341|
|Total|||156,279|156,279|
|Expenditure on:|||||
||Charitableactivities||4,391|4,391|
||Other||170,267|170,267|
|Total|||174,658|174,658|
|Net|income||(18,379)|(18,379)|
|Net|income beforeother||(18,379)|(18,379)|
|gains/(losses)|||||
|Other gains and losses:|||||
|Net|movement in funds||(18,379)|(18,379)|
|Reconciliation of funds:|||||
|Total funds brought forward|||592,642|592,642|
|Total funds carried forward|||574,263|574,263|
|4|Income from donations and legacies||||
|||Unrestricted|Total|Total|
||||2025|2024|
|||2,492|2,492|10,634|
|||2,492|2,492|10,634|
|5|Incomefrom charitable activities||||
|||Unrestricted|Total|Total|
||||2025|2024|
|||165,135|165,735|143,832|
|||165,735|165,735|143,832|





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|Income from other trading activities||||
|---|---|---|---|
||Unrestricted|Total|Total|
|||2025|2024|
||9,461|9,461||
||9,461|9,461||
|Income from investments||||
||Unrestricted|Total|Total|
|||2025|2024|
||1,133|1,133|472|
||1,133|1,133|472|
|Other income||||
||Unrestricted|Total|Total|
|||2025|2024|
||1,317|1,317|1,341|
||1,317|1,317|1,341|
|Expenditure on charitable activities||||
||Unrestricted|Total|Total|
|||2025|2024|
|Expenditure on charitable||||
|activities||||
||5,059|5,059|4,391|
|Governance costs||||
||5,059|5,059|4,391|





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|10|Otherexpenditure|||||
|---|---|---|---|---|---|
||||Unrestricted|Total|Total|
|||||2025|2024|
||Bank loan and overdraft||1,422|1,422||
||interest payable|||||
||Other interest payable||949|949||
||Employee costs||46,599|46,599|49,113|
||Premises costs||85,507|85,507|83,493|
||Amortisation, depreciation,|||||
||impairment, profit/loss on||14,566|14,566|15,063|
||disposal offixed assets|||||
||General administrative costs||11,603|11,603|17,110|
||Legal and professional costs||4,389|4,389|5,488|
||||165,035|165,035|170,267|
|11|Net income/(expenditure) beforetransfers|||||
||||2025||2024|
||This is stated after charging:|||||
||Depreciation ofowned fixed assets||14,566||15,063|
|12|Staff costs|||||
||||2025||2024|
||Salaries and wages||45,401||46,672|
||Pension costs||742||1,754|
||||143||48,426|
||No employee received emoluments in excess of €60,000.|||||
|13|Tangiblefixed assets|||||
||Cost or revaluation|||||
||At 1 June 2024|623,806|2,362|44,277|670,445|
||At 31 May 2025|623,806|2,362|44,277|670,445|
||Depreciation and|||||
||impairment|||||
||At 1 June 2024|99,809|2,185|31,519|133,513|
||Depreciation charge for the|12,476|176|1,914|14,566|
||year|||||
||At 31 May 2025|112,285|2,361|33,433|148,079|
||Net book values|||||
||At 31 May 2025|511,521|1|10,844|522,366|
||At 31 May 2024|523,997|177|12,758|536,933|





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|14|Investments||||
|---|---|---|---|---|
||||Investment||
||||in||
||||Subsidiaries|Total|
||Cost or revaluation||||
||At 1 June 2024||36|36|
||At 31 May 2025||36|36|
||Net book values||||
||At 31 May 2025||36|36|
||At 31 May 2024||36|36|
|15|Debtors||||
|||2025||2024|
||Amounts owed by group undertakings|16,668||31,746|
||Otherdebtors|||2,546|
||Prepayments and accrued income|||577|
|||16,668||34,869|
|16|Creditors:||||
||amounts falling due within one year||||
|||2025||2024|
||Bank loans and overdrafts|41||14,631|
||Trade creditors|904||2,147|
||Othertaxes and social security|1,435||245|
||Othercreditors|96||738|
||Accruals|1,191||3,083|
|||3,667||20,844|
|17|Creditors:||||
||amounts falling due after more than one year||||
|||2025||2024|
||Bank loans and overdrafts|20,365||21,640|
|||20,365||21,640|





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|18|Movement in funds|||||
|---|---|---|---|---|---|
||||Incoming|||
||||resources|||
||||(including|Resources|At 31 May|
||||other|expended|2025|
|||At 1 June|gains/losses|||
|||2024||||
||Restricted funds:|||||
||Unrestricted funds:|||||
||Generalfunds|574,263|180,138|(170,094)|584,307|
||Totalfunds|574,263|180,138|(170,094)|584,307|
|19|Analysis of net assets between funds|||||
|||||Unrestricted|Total|
|||||funds||
|||||E||
||Fixed assets|||522,366|522,366|
||Investments|||36|36|
||Net current assets|||82,270|82,270|
||Creditors due in more than one year and|||(20,365)|(20,365)|
||provisions|||||
|||||584,307|584,307|
|20|Reconciliation of net debt|||||
||||At 1 June||At 31 May|
||||2024|Cash flows|2025|
||Cash and cash equivalents||44,|24,360|69,269|
||||44,909|24,360|69,269|
||Bank loans||(36,271)|15,906|(20,365)|
||||(36,271)|15,906|(20,365)|
||Net debt||8,638|40,266|48,904|





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||2025|2025|2024|2024|
|---|---|---|---|---|
||Land and||Land and||
|||Other||Other|
||buildings||buildings||
|||E||E|
|Operating leases with expiry date:|||||
|Pension commitments|||||
|||2025||2024|
|The pension cost charge to the company|||||
|amounted to:||742||1,754|





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||Unrestricted|||
|---|---|---|---|
||funds|Totalfunds|Totalfunds|
||2025|2025|2024|
||||E|
|Income and endowmentsfrom:||||
|Donationsand legacies||||
||2,492|2,492|10,634|
||2,492|2,492|10,634|
|Charitable activities||||
||165,735|165,735|143,832|
||165,735|165,735|143,832|
|Other trading activities||||
||9,461|9,461||
||9,461|9,461||
|Investments||||
||1,133|1,133|472|
||1,133|1,133|472|
|Other||||
||1,317|1,317|1,341|
||1,317|1,317|1,341|
|Total income and endowments|180,138|180,138|156,279|
|Expenditure on:||||
|Charitableactivities||||
||5,059|5,059|4,391|
||5,059|5,059||
|Total of expenditureon charitable|5,059|5,059|4,391|
|activities||||
|Otherexpenditure||||
|Bank loan and overdraft interest|1,422|1,422||
|payable||||
|Other interest payable|949|949||
||2,371|2,371||
|Employee costs||||
|Salaries/wages|45,401|45,401|46,672|
|Pension costs|742|742|1,754|
|Staff training|251|251||
|Staff welfare|205|205|687|
||46,599|46,599|49,113|
|Premises costs||||
|Rent|13,500|13,500|13,500|
|Rates|5,407|5,407|5,709|
|Light, heat and power|50,091|50,091|45,082|
|Premises cleaning|2,431|2,431|2,808|





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|Erewash Indoor Bowls Centre<br>Detailed Statement of Financial Activities||||
|---|---|---|---|
|Premises insurances|4,650|4,650|4,860|
|Premises repairs and|9,428|9,428|5,950|
|maintenance||||
|Otherpremises costs|||5,584|
||85,507|85,507|83,493|
|General administrative costs,||||
|including depreciation and||||
|amortlsatlon||||
|Depreciation of land and|12,476|12,476|12,476|
|buildings||||
|Depreciation of|||336|
|Depreciation of|2,090|2,090|2,251|
|Bank charges|856|856|3,529|
|Equipment leasing and hire|1,613|1,613|1,224|
|charges||||
|General insurances|555|555||
|Information and publications|25|25||
|Postage and couriers|||582|
|Software, IT support and related|1,743|1,743|5,619|
|costs||||
|Stationery and printing|646|646||
|Subscriptions|414|414|399|
|Sundry expenses|4,863|4,863|4,256|
|Telephone, fax and broadband|888|888|1,501|
||26,169|26,169|32,173|
|Legal and professional costs||||
|Accountancy and bookkeeping|3,921|3,921|5,488|
|Consultancy fees|408|408||
|Other legal and professional|60|60||
|costs||||
||4,389|4,389|5,488|
|Total ofexpenditure of other costs|165,035|165,035|170,267|
|Total expenditure|170,094|170,094|174,658|
|Net gains on investments||||
|Net income/(expenditure)|10,044|10,044|(18,379)|
|Net income/(expenditure) before<br>othergains/(losses)|10,044|10,044|(18,379)|
|Other Gains||||
|Net movement in funds|10,044|10,044|(18,379)|
|Reconciliation offunds:||||
|Total funds brought forward|574,263|574,263|592,642|
|Totalfunds carried forward|584,307|584,307|574,263|