Phtsenlx S orts aiid Recreation Rotherham A Charltab18 Com an Limited b Guaran ort and Consolidated Financial Stat¢ments For the ar ond 30 S8 tembef 2023 Company No. 09446920 Charlty No. 1186774 'ri)e l)lioenlx
Ph orts and R•cr8alion R ihorha A ¢harftabl¢ Com an Llmlled b Guarantee • ort anij ¢onsolidated Frnancial Statements For tho ear en tenib•r 2023 Contgnts Pag• Report of the Truste•s Report of thé Indapandonl Auditors Con501idaled Statemont ol Flnancial Activitles 11 Balance Sheets 12 Consolidated Slalemont ol Cash Flows 13 Not68 to the Flnanclal Stslements 14
Phoenix S orts and Recreation A Charltable Com Llmlt d Rotherham nt ort of tho Trustees ear end 30 Se tember 2023 For th* REFERENCE AND ADMINISTRATIVE DETAILS Charity Name Phoenix Sports and Racrnallon IRothèrhaml Charity Registration Number 1166774 Registered Company Number 09446920 (England and Wale61 Reglstsred Offlc8 Addrass and Principal Offlce PalIOn Lane Off Bawtry Road Brinsworth Rolhèrh8m South Yort(shlre S60 SPA Trustees Mr N Watkins Cholr Mr M Read Mr K Dyson Mr J Carpenter r R Spencely Mr I Walker Mr G Matthewm8n Mr A Lth818ppointed 181011241 Company Secretary r 8 Watkins Company Management Business Manag8r Mr B Walklns Auditors Kingswood Alk)ttg Llmit4d, Statutory Auditor Sidings Court Doncastèr DN4 5NU Solt(s Wriyleys sltOrs LLP 19 Cookrldge Street Leeds LS2 3AG Bank8rs Sanlandor Bootle Merseyside L30 4GB
Phoenix S orts and Recreation Charitable Com Limlted b Rotherham orl of thè Trustees For the tar Ènd 30 Se lember 2023 Thè annual report serves the purpos85 of both a Irust8e's tsport. and a direetorfs report undor company law. The Iru5tees who are also directors of tha charity lor the purptsses of tha Comp8ni88 Act 2006. pres8nt Ih8ir report with th8 con501idated financial Statemenis of the chadty for th9 year ended 30 Septernber 2023. The Iruslees hav8 adopted the provisions of A¢counlin9 and Reporting by Chaiit18s.' Stat8m8nl of Recornmended Practic8 applicable lo charities preparin9 IhelraGcounts in accor<Jance with th8 Financial R8PQrtin9 Slandard applicable In Ihe UK and Republic of Iraland IFRS 102118fSective 1 January 2019}. OBJECTNES AND ACTIVITIES Our objectlV8s a5 S8t out in our Arti¢Jes of Memorandum are to promot• physical and mèntal h88tth and w811bein9 by the provislon ol sporting and cultural lacllltl•s. The Objects are $pe¢nlcally $trted to the foll(trwin9. for the public b8n8fit.. the advancernent ol amalaur sport by providlng lacilitles lor Pl8ng badminton, bowls, football, golf, squash. w&ght lifting, table tennis or other amateur sKM)rts prornoling health a5 the tnJste8s shall d•tamina", th8 promOtn of fecilities for recreats'on or other leijure time o¢¢upalion ol individuals whD have need of such facilities by reason ol Ihoir youth, age. inflrmlly or dlsablement. flnancial hardship or 8Dci81 weKaTe and with the object of improvlng th8 condition of lrfe of Ihe ¢ommunlty', the advancement ol health., the 8dvancernent of the arts and cultura 8n¢ in particular, but not exclusively, by promoting drama.. the advancement of education and trainlng In ama18ur sports and h88lth', and th8 prgsèrvalion con58rvalion and Improvement of R8v8nfi8kl Park as a public anwnlty. The stralagles employed to achieve the d)arlty'5 alm5 and objectives are to.. present a broad range ol facllities and activltles for the enloymgnt and •ducatlon of our bcal cornmunlly,. offer opportunitlgs for a broad range tsf peop18 10 got invdved In sporting l•lsurè and ltUral ac1lvlts. In puttSng thos8 3trategi83 together w• h8v& three rnajor areas of advity-. Organised"saelron$' where members ean partake indivKlualty or colleCtelY in teams. both in coMp8tive and nOn•MpetItfve environrn•nls. Non 58cts.on rnembers where use of the faciSib'e$ can bo on a'onè off, bas15 or a t8mi basls such as the use oflootball facilitres throughout the football Season by Brinsworth Whitehill Junior Football Club and Rolherham Schools Sdecl. 3. Casual u$8 In Irnplementtng th8$8 $trattgies, the sectlon9 8re gncCraged to include and there 188sible encourage p8rtldp8Ion by all membar8 01 the comrnunity.
Phoenix S ort8 and Re¢ieatlon Rothorham A Charltablv Com Llrnited b Guarant•• ort of the Truslee5 ear Ènd 30 Se tember 2023 For lh* Our Fa¢llltl•s Wè alrn to provld8 8ffordablo OCCèSS to a d6 rangè of fa¢llltlO5 for a whole range of Sports and cuKural a¢tlvlUas th989 Include bul are not restrictèd to.. Sports FacS1itles for Archery Baclrninton Bowls Football Goll Souash Table Tennis Weight Tr8ining In additk)n, the Charty provld•s admlnSstratton and other support for.. Drama Hockay Ravenfield Country Park The Charfty relies on the incA)me frorn fees and charges it ha3 to make lo cover its operating ryjsts and is constsntly 6trfvlng lo ensurè that Ih8s8 ara alford8blg to 811. Volunteers The chartty is grateful for the work cafflod out by Its Tfuslegs and al80 thos8 help to run the varfous Sporlng and leisur8 sectlons of the Charity. Publlc b•n•llt The Tru5tee3 have had regard io the guidance Issued by the Charity Commission in relation to Publlc Benefit In detemiining the action3 and objectives of the Ch4rity. The Trustees a130 ryjnflmi that they h8ve ccynplled with the duty in Section 4 01 Ihe Chariti85 Act 2011. Th8 charity's $8rvic8s are avallable to all. The Trustees feèl It is clear from th8 Charitys objecuves and alms, thè targèts sat for thè Charity and in providing its facilities, support lor the local communlty and opportunitles lo galn improved physical and mental wa11being, the charfty brlngs substantlal publlc beneflt. ACHIEVEMENTS ANO PERFORMANCE ¢)n 1 Oclober 2018, th8 assets, Ilaliliti•s and actiwiti93 of Phoenlx Sports and Soclal Club. an unlncorporatad Members club were transferred to the chaTIty and it5 sub3ldiary Phoonlx Pavlllon Ltd. and tha charY commertcad Its actlvlti8s on that date. The tradlng aclvities are undortakgn by Phoenlx Pavlllon Llrnhed. Durlng the perfod the charity achl&v8d Its glrns In provldlng the facllltles requlrod to mèet the dgmands of th8 ¢ornmunity. The chartty also malntalned the Ngh mèmber$hip levels of of our outdoor sports tsllerings (Golf andAn91ingl. In addition, utillsalon of ourlootball offarlng ha8 nowgrovmto an extentwh8rèw8 are fulty subs¢ribad
nd Recroallon Rotherham Ch rlt ble C)m Llmlted b Guar orl ol the Trustees ear end 30 Sè tembèr 2023 For the al weekends. We Currently have over 40 individual teams acros$ m8n'5 and women's foolbaN ranging from U7's right up to adults. Tha tradlng arm conts'nues lo perfonn superbly again Islrnilarly to last y8arl ckIng the industry trend. The year- and 2ceounts for the PalIon show Its bast performance ever makln9 8 SnIficant conlribullon to the charity after costs. Perforniance Indl¢ators The ¢haTily measurès its success by the number of mernbers an(1 thè number of people using their charitabl8 The charity's Income is Influenced by public attitudé8 to health and leisure aclivi'8s. Flnanclal R¢vl¢w The group recèived Inoomè of £518.82012022 £457,6%1 trorn section mambership and pay to play actpiities with addS1ional income of £18,9321202 £5,903) fiom grants. A furth8r £19.32112022 £18,574) was raised In fundraising and £1.004,54312022 £868,040) from thè trading subsidiary. oprang ¢0813 for the charfty amounled to £778.18412022 £745,360) on tharitable activitlas. £11,725 12022 £11.9251 in fundralslng activiti8s and E794,03512022 £728.6981 rèlalng lo the tradlng activie$ of the 8ubsidiary. Cathtal Expgnditure amounlod lo £16.63612022 £34,856). After incluslon of th• wsults ol Phoenlx Pavllksn Ltd the group h8d 8 wnsolldated deficit of È11,01112022 d8fidl of £114,721). Fund ba18nces at the end of th8 year toiaU8d t3,437,11712022 £3,448.1281. The Trustees whllst acknovAedgin9 the small trading defid¢ arp dolEqht¢d #t the slgnlflcant Incr888e to our year end cash position. The Charity's prfncip81 fundlng sourcès ar8 the general public. Fundralslng Tha charity nomially undertakes a mlnimal amount of fvndrai5ing la weekty drydwl. Our policy rgrnains no commercial fundraisers ar8 used and there is m psSUre for anyone to donat8 or participate in lundraislllg acNvl'e$. Golng Con¢•rn The Iru8lees are r8&1ty pleased that the group has revorsed1851 years 'y6ar4n¢J' nel cuTh•nt Ilabllltle$. In addltkin, the trading subsidi8ry has cleared nèt liablliti88 of £52,995 owlng to th8 eh8rlty whllst at the 58rne limg contrlbulng a significant profil. The trustées a mindful of the Chadty C(xnmission's guidanc8 on providing financial support to trading 5ubsidi8ries and the r8d lo ensure that charlly assets arg not plac4d al rlsk by supporting a loss making 5ubsldiary when it 15 no longerflnaneially wable. Tha atsove shows tha trading subsldiary to be very profrtablg and a key Contributor in assisting the Charity In achieving Its g081s. The trustees are confident that the tradin9 subsidlary wlll remaln profitable In the parFod to 30 September 2024 and following.
Phoenlx nd R¢¢rtatipn Rotherham A Charl¢abl¢ Com an Limiled b Guaranteo ort ol the Trustees oar 9nd 30 Se tember 2023 For the The Board ol Truste85 havè lak8n step$ lo ensure the charlly and group has adequa¢8 financial resource to conllnu8 activities lor th8 foresegable future. For thls r8a50n it continues to adopt the going concem basi$ in preparin9 Ihe financal statements. Furth$r dgtsils Tegardlng the adoplon ol lh¢ golng concern ba816 can be found In thè Stalerngnl of Accounting Polici8S. Resorv•8 The Trustees eW tha re5èN818V815 of the group at thè and of èach financial year as parl of its budg8t planning process. This review eT)compasses the nature of income and expenditure StaS. the n88d lo match income with ornmilments and the nature of r89èrwe8 along with necessary con51d8ralionlrg8p)nsas to d8volopmentsllch8ng8 processgs initiated in house or requlrgd by changès in national scenarios. The trus1è05 also r8cogni3e that there is a variation In income across the year and de9rned that, vadatlon not wilh5tanding unr8stri¢led resoNes should not f811 below £3,828.000, that bging the approximate equlva18nt lo tha not book value of fixed assèts and three rnonths operabng expense. The reservès as at 30 September 2023 wer8 £3,437,117, 01 whi¢h all Bre unreslriclert fund$. Of thesa funds £3.432.055 can only be realised by di5posirrtJ of tsngible fixed assets leaving unrestrlcted Ireo resaN$s of £5,062. The Trustees constantly r8Vi8W OPPQrtunilles, flnanclal perf¢mance and budg6ts to Idenlfy opportuniles lo incre3s& fr90 reserves lo the required level. PLANS FOR FUTURE PERIODS Th8 charily plans lo Continue to provlde the provision of Ihe f8cililies for PLknIic u58. In addiyon, the charfty has angaged with a number of exisbng and new customers, expl¢ng partnership5 and further opportunities to ulillsa rodundanl land. The charfly 8nd trading arm have unlappgd polenth'al and wSlh a Strong r8PUt81ion on coro offèrfng3 are upbeat on Ils capability to maximisa income for the coming y•ar. STRUCTURE, GOVERNANCE AND MANAGEMENT Gov•rnlng docum•nt The tharity is controlled by its goveming document. a deed of (rust, and con5ts'tute8 a limked company, I1ted by guar8nt86, as dèfined by the Companies Act 2006. Tho company Is a prlvats comp8TIy. Rocrultrngnt and appolntm¢n¢ of newtrustO05 The charity 15 managed by thè tru5tee8. rhe Tpjstees forrn the goveming bo(ly of the charity and are r8sponsible for 6nsuring the organisation 18 working vlthln the bounds of the Memorandum and Articles. Naw Truslge6 are appoinlad by the 808rd. New tru¥lees are rethelected at th8 ¢harity's Annual Gan8ral Me91ing. Our Trustèes have a w68lth and diversity of profasiional $ki118, experlenc• and knowledge to ntribUte to th8 development ol thè organisalion, ond arè committed to tha eoneapt and values of tha charfty. Tru51ees are fully aware of thelr respon$lbilitkg8 regarding the orgoni5ation. On appolntmant ngw trustees are invited lo have a tour of lh8 charity's facllilips, ar8 pfovh8ed with an induction pack and ars briefe(J by tha Chairman and olhar trust88s on thelr rolo and r88ponsibllit58s. Tru$to¥s wlll rec8Ne appropriate trainlng as requlred.
Pho• ix S ort$ and Recreatlowt Rotherh 1¢ Gom an Llffllted b Gvarnnt ort of tho Trustee$ For the Èar end 30 Se tember 2023 Organlsatlonal Structure Day lo day managorn8nl ofth8 charity 18 delegated to the Bu51n8ss Man89er B Watkins with major deashtins mad? by thg Board of Trustees who maèt monthly. Arrangornents for S•tllng tho Pay of Key hlanagem•nt P¢rsonn•l Thè rbrnuneratlon of the Buslness Manager is delermlned by the Board of Trustges and is based on market ratès for the role. Rlsk Asso88m•nt Th8 trustéas have r8vlewed the major rlsks to Ihtt operation and are confidènt that all preventative measures that can b8 are in place. The principal rfsks facing the charity ara thè obtaining of adequat8 fundlng and control ovor cash. Tha ernph8515 on cash managemtsnl whilst successful, in isolation does not posllion the chArity to invesland extend Ils offèrings. The trustees undèrstand th8 ¢rill¢ality ol cash and continu8 to focus on a numbar of opportunities to S9¢ure wndlalls 8nd strengthen p8rtnershlps that improv8 uniJeFlOng operational re5uIIs. Tha Tnts18es review the cash fl¢)w projections atthelrr8gularrn¢eting5 to ensure adequ8t8 resources are avallable. STATEMEKf OF TRUSTEES RESPONSIBILITIES Th8 tnjstees (who arè also the directors of PhoeniK Sports and Recreation (Rotherhaml for the purposes of company kw) are responsible for proparing the Report of the Truste85 and the flnanclal statomont5 In accordance wlth applicable law and Unit8d Klngdom Accountng St8ndariJ¥ IUTrll8d Kingdom GBnerally Accepted Accounting Pr8¢ts'cel. Company law requlres the trusteès lo prep8re flnanclal statemeTr15 for each financlal yoar. Under company law the trustees must not approve the flnancial slalamenls ¢Jnles5 they are $atlsfied that thay giv8 8 tru8 and fglr view of the state of affalrs 01th6 Gharitablg cornpany and of th8 Incoming resources and appllc81ion ol resoiirc88, including the Incom8 and expenditure. of the charitable company lor that pefiod. In preparlng these finoniial statements. the trusle•s ar8 required to.'_ sd8Ct suitable ac¢wnling polkles and than apply them conslstèntty-, observ8 the methods and prtndps In Iha Ch8rities SORP 2019 IFRS1021,' mak8 judgements and gsllrnates that ar8 880n8bIe prud6r*t.. state wh8ther applicabl• UK Accounty'ng Standards have been followad, subject to any material d8parturg¥ dlsclo8ed and explained In the flnancial stat8ments', prepora the flnancial 6talemènts on the going concern basis unless It 1$ Inapprowlate to presumo Ihal Ih8 haritable company will conts'nue In gP8r8Uon. The Iru?tee3 are r8spon8ible for keeplng adèquate accountlng r8cords that dlsclose th ro0$onae accuracy at any brn8 the financial posillon olthe ch8rllable company and to enable them lo ansure that Ihe financi81 stalgments comply with the Cornp8ni8¥ Act 2006. Thèy are also responsib18 for 38fe9uardSng tha 858ets of the charilabla company and hence for ta.ng r88$0n8ble Steps for th8 prevention and detecb'on ol fraud and oth8r irregularities. In sts far a8 Ihg ¢wst88s ar8 8war8.'
Phoeni S ort$ and Recr•ation Rotherham A Charitable Com an Llmlted b Guaranleo ort of the Trvstees ear end 30 So ternber 2023 For ihe there Ss no relevant audf( inform8lKJn ol whlch the charflable company's audltors ale unawaf8,' and Ihe trustees have taken steps that they ought to have tsken to mako th•m8efve5 aware of any levant audll Infomiatlon 8nd to estsl$h that the auditor8 are aware of that Informallon. This roport has b88n pr8parod in aceordancè th the spwal provlsions ol Part 1S of the Companies Acl 2( relating lo small Compan$. Approv8d by ord8r oftha board of tN$tsg8 on . and slgned on i¢9 behalf by.. MrN WatWns-Trusts8................................
ort ot the Inde endent Audllor to the Trustaes of PhoonSx S orts and Recreallon Rothèyh Oplnlon Wè have audltèd the financial stat•mants of Phoènlx Sports and Récreation IRotherh8ml Ilhe 'p8r8nt charft8b18 cornpany'l and its subsidiary Ilho 'group'l for Ihe year ended 30 September 2023 which comprise Ihg Consolidated Stal8manl of Flnancial Activili85. th8 ConSolated and Company Balance Sheets, the Consolidated Statement of Gash Flows and notes lo the financial statements, Includlng a summary ol significant ac¢ounling policies. The financial reporting fratnawork that ha5 been applied in Iheir pr8parab.on 15 opiCable law and Uniled Kingdom Accounting Standards, including Financial Reportinc Standard 102 Tho Financial Reporting Standard 8pplicabl8 in th8 UK and Rgpubli¢ of Ireland IUnlt&d KSngdom Genèrally Acc8Pt&d Accounting Practice). In our opinion th8 financial statements.. glve a truo and farr vlow of tha stote of the parent ¢harllable compan$ and gfOUP'S 8ff8lr8 as at 30 Seplgmber 2023, and ol tho group'5 incoming resources and application ol rasourees. including its incorn• and expenditure, for the year then ended.. h8va bogn propèrfy prap8rgd In accordance Nthlh Unlted Kingdom Gangrally kceptgd Accounting Pra¢lice,' and have b8en pr8par8d in attordance wllh thg r8quirem8n15 of the Charity'es Act 2011 8asl$ for oplnlon We conductgd our audit in acrdance vAth Int•rn8lional Standards on Audlting IUKI IISAS IUKII And applleabla law. Our responslbllllles un(Jer those stand8rds ar9 fvrther des¢rfbed In the Auditorfs SPOnsibl11t8S for the audit of the financial 8ts18m8nts sectSon of our report. We are ind8pendent ol the group and parent charitable company in accordance wlth the ethiGal r8quirern8nts that are relevant lo our oudit of th8 financi81818tem8nls in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibllilies In accordance wth Ih8se requirements We b¢li8V8 U)at the aLKlit evldencg we have obtainad is suffici8nt and 8ppropriate lo provide a basi8 for our oplnion. Con¢luslons relatlno to golng conc•m In auditing tho financial statements, we have concluded that the tru$t665' us8 of the going concem basis of accounlSng In the pr8par8tion of the financial s1818ments 15 Bpproprial8. Based on the work we have performèd. w8 have not identified any material uncertainti8s relating to events or ¢on(Jilions that, 5ndsdallY or colloctlv8ly, rnay cast S5gncant doubl on the group and pant charilable companys ability lo eontinue 85 8 going concem for a period of at kpasl twelve months from when tha finana81 statements are auth0ri58d for issue. Cktr re5pwsibilities and Ihe responslbllitlas of th8 trustees Wth respect to golng concern are described in the ralevant sections of this report O¢heT Inlorniatlon The tru$tg9s are rosponslble for th8 other information. Tha oth8r Inform8lion compd8e8 the Inforrnatron includ8d in the Report of the Trustee5 Other than the financial slalements and our auditor's report thereon. Our opinion on the financi81 stat8rnanls does no¢ cover the other inforrnats'on and except to tha axtent olherwise 8xpliciUy stale(J n our wport, we do not express any form ol assurance corsdusion Ihereon, In connecllon wlth our 8udll of the financlal statements. our respon5ibllily 15 to read th8 Other informauon and. In doing so, consider wh8ther the other Information is rnalerially Inconsistgnl with th8 flnandal slalements or our knowledge obtained in the audit or 0lherwLs8 appear8 to be matedally mi83tatod. If we entify SUGh malerlal Inron51St8n¢ies or apparent rnaterSal rnisstst8rnents, we are roquir8d lo determine vlhelhgr thèra is a matorial misslatsment in th8 financlal stal8rn8nts or a mat8rlal misstatement of the oth•r Informallon. If. based on the work we havo p6rforrnèd, w8 conclude that ther8 is 8 material misstalamènt of this other informalth, we are r8quired ta r8port that fa¢l. Wè have nothing lo report In thls ragard.
ort of the Indo nixs endont Audltor to tho Trustoès of Rerreation Rotherham Matter? on whl¢h wo are r•qulrod to r•port by •x¢•ptlon In Ihe Ilght ol thè knowlodg• and undgrstandlng of the gp and parent charltAblè company And Its anrOnMent obtained in th8 course of the audit, we have nol Idenufled material rni55laternents in th? dIrtors. report. We have nothing to r8POrt in respect of th8 fdlowing matters in relation to which the Charities (Accounts and Reports) Regulallons 2008 requlres us lo report to you if, In our opinion.. adaqu818 accounting records have not been kept by the par8nt charitable comp8ny, or returns Bdequgte for our audit have nol been reGeived frorn branches nol visiled by us.. or Ihe p8r•nt charitable company's financial stalemenls ara not in agreement wlth the a¢countlng rèeords and r8turns'. or certain disclosures of dir8clors' remuneration spedfied by law are not made., or we have not received all the Inlorrnation and explanations wè raquire for our audi¢ or tha tW81903 were not enllled to pr4par& tha flnancial 8tstements in aceordanee wth the small compani88 regime and tak8 advantage of the small compani8S èX8rnplion8 in preparing tha Report of thg Tru318e8. Responslbllluos of trust•g8 As explained more fvI in th8 trustses, responslbiliti88 St8t8ment, set out on paga 6, th8 trusle88 (who are also the diractor5 of the pafenl ¢h8ritable company for the purposes Df cornpally lawl are responslble lor the preparation of the financial statement5 and for belng $adsfled that they give a true an(1 lair view, and for such int8mal conlrol as the trustees delerrnin? i¥ necessary lo ènable the prep8ralion ol finandal statements that are free frorn material mlsstalement, wh8th8r du8 lo fraud or emr. In pparng th8 financial ststernenls, the tru5te8s are responsib16 for 8sses8ing the group and the parent charilabb company's ability lo continug a5 a going conc•m, disclosing, a5 applicable, matter5 related lo going concern and using the going con¢em basis of accounting unless the tnJsl6$s aith8r in18nd lo Ilquidale the group or the p8r8nt raritsble Cornpany or to C&8$0 op9r8onS, or hava no r981istic allem8lwe bul to do so. Audltor's r•$ponslbllltl•s for the audlt of th• flnancl41 stalemonts We have been appoinlgd as auditor under sgction 151 of the Chadtle8 Act 2011 and report In AOrdanc9 with ragulation8 made undersection 154 of Ihat act. Our objecllves are to obtain rèasonable assurance about whether the financial statements as a whole are free from material mlsstaternent, whether due to fraud or error. and to IS$U8 an audilorfs report that includès our opinion. Reasonable a$suran¢o is a high level of assuranc, but 13 not a 9uaranlee that an audit con¢Ju¢ted In accordance with ISAS IUKI 11 aayS detect a material rni$&lalemenl when it 8xis1$. Mi8Statemenls can 8rlsè from fraud or 8rror and are considèrod mat8ri81 if, 1ndivldua1 or in Ihe eggregate, they could r8850nably be expeetad to influence the economte deci8ions of users taken on the basls ol Ihese Iinancial sta18m8nts. Irregularftiè$, in¢luding fraud, are Inslanc8s of non<0mlanCe with 18ws and regulations. Wa design procedu$ in line with our responsits'11118s, ouuined at)ove. lo dè18cI materlal mlsstatemènts In respect of Irregularitles, including fraud. Th8 spèeific procedures lor Ihls 8ssignMènt and the extent to which our procedur•s are capable of detecting irr8gu18rities, indudlng fraud is dg18iled below., Enouiry of managemenl around actual and potèntial liligalDn claims and fraud.. Enquiry of manag8rn8llt and review ol oorrospondence to Identify any inst8nc85 of nonqcomplhnce with laws and r8gulation¥ Rgviewing rninutes of tru6tea mèètings Revi8wing f5nancial stal6m•nt disclosures and tèsting lo supportlng documantatyon to asse68 compliance wth applic8blè18w5 and regulatton5 Pprforming audit work over tho rlsk ol managernenl ovarrida of contrd8. Includlng tèsthg ttf journal entries and other 8djuslrnents for appropri8teness, evaluallng Ihe business rationale of signlficant transactions outside Ihe nomial course of business and rèviewing accounting estimates for bia3, Because th8 Inhèrent lirnil8tion8 ol an audit, there Is a risk thal wè will not detect all Irregularllas. including thoso loading to a rnaterial mlsstaloment in th8 finanal statem8hts or n-cOmplIanCe with regulation. This risk Incregsès the rnore that compllance with a law or regulation removed from the 8V8nts and transacti¢J)s rèflgCt8d in the financial s¢at8mants. as w8 will bo less likdy lo becom8 aware of Instances ol non.cornpllane8. Tha risk Is also graatar règarding Irregulariles Docurring due lo fraud rather than etror, as fraud involves intentional concealrnent, forgery, collusion, omission or misrepresontatien.
10 ort of the Indo end8nl Audrtor to th• Tru5toes of Phoonix S Ort5 and Re¢reation Rothorham A further description of our r8sponsibilities for the audil of the financial stsloments 1$ located on th8 Fln&ndal RepDrtiry Councll's website at.. byww.Irc.org.uklauditorsr8sponslblllties. Thi5 description fonns part of our auditor'5 report. Us• of our Report This report is made solely to the ch8rifable company's tru3lees, as a body, In accordance wlth Part 4 of thé Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertak8n so Ihal w8 might state to th8 charitsble company's trustees those rnallern w$ are required lo slal8 to trn In an audltor'5 report and for no olher purpose. To th8 fullest extent pèrmitted by Lqw. we do not accept 0¢ assume r8sponsibllily lo anyone other Ihsn tha charitable company and the Charitab company's trust•8s as a body, for our atscflt work, l¢X thi$ rèport. or for the oplnlons we hav8 fomied. KingsvffjodAllotls Lld SlatuloryAudllor Charter8dAccounlsnts Sldings c(rt Donca51gr DN4 5NU KingswoodAllotls Ltdis eliglble lo act es 8n 8udilorin tems of section 1212 of lh• Compan8 Ael 2006.
oenlx S ort$ nd Recreation Rotherham Con801idatèd StatBmont of Flnanclal A¢tivities Includin Income and Ex &ndlture A¢¢ounl For the ear ended 30 Se tember 2023 UnrestrScl¢d Rostrl¢t•d Funds Funds 2Q23 2023 Total Funds 2023 Tol¥l Funds 2022 Note INCOME AND ENDOWMENTS FROM Donations and legacies Chailtsble activities Oth8r trading actiwties Investments TOTAL INCOME AND ENDOWMENTS 5,460 518.280 1,023.864 6,377 1.554,001 5.480 537,212 1,023,864 6,377 1,572.933 2,540 477.059 886.614 5,049 1.371,262 18,932 18,932 EXPENDITURE OTr4 Raising fund8 Charilablg activities TOTAL EXPENDITURE 805.760 759,252 1,565,012 805,760 778,184 1,583,944 740,623 745,360 1,485,983 18.932 18.932 NET INCOME I IEXPENDITUREI 111,0111 111,0111 1114,7211 NET MOVEMENT IN FUNDS 11.011 114.72al RECONCILIATION OF FUNDS Fund balances brought fon¥ard'. 23 3,448,128 3.448.128 3.562.849 Net movement In fvnds 111,0111 111,0111 {114,7211 Fund balancgs f¢)tward 3,437,117 3,437,117 3,448.128 The notes attached fomi p8rt of these financial statements.
Pho•nlx S orts and R•cr•atlon Roth•rham Com an number 09446920 12. Consolldatod and Com Balancè Sh••ts 30Se tember 2023 Group Company 2023 2022 Note$ 2023 2022 FIXED ASSETS Tangible Assets Investments 13 14 3,432,055 3,485,534 3,432,055 3,485,534 3,432,055 3,485,534 3,432,056 3,485,535 CURRENT ASSETS Stock Debtors Cash al bank and in hand 15 16 24,070 35.855 176,212 236,137 231,075 5,062 23,719 50,008 104,655 178,382 215,788 37,406 58,552 122.904 181.456 189,7941 8,338 107,094 76,614 183,708 168.115 15,593 CREOITORS.. falllng du• wlthln on• year NET CURRENT ASSETS 17 TOTAL ASSETS LESS CURRENT LIA81LITIES 3.437,117 3.448.128 3,423,718 3,501.128 NET ASSETS 3,437,117 3,448,128 3,423.718 3.501,128 FUNDS Unre$trlcled Funds Restrictod Fund$ TOTAL CHARfTY FUNDS 3,437,117 3,448,128 3,423,718 3.501,128 23 3,437,117 3,448,128 3.423,718 3,501.128 For the year &nding 30 September 2Q23 the company was entided lo exemption from audlt under section 477 of the Companies Act 2006 relating 10 small companies bul as this company is a charity, il is subject lo audit under the Charities Act 2011. Directors. resFbonsibllllies: o The members have not required the company to oblaln an audit ol ils a¢¢ounts for the year In question in ac¢ordance with socllon 476.. o The directors acknowledge their responslbilities for comply'ng with the requirements of tho Act with respect lo accounting records and the Preparati¢ of accounts. These financial slalem9nls have been prepared In accordance wth tho special provlslons of Part 15 of the Companies Act 2006 relating lo small charllable companias. The finanGio1 slalemenls were approved by th8 Iruslees on and are slgned on ils behalf by Mr N Walkins- Trustee
13. Phoenix S orts and Re¢roation Rotherham Consolldatèd Statement of C4$h Flows For the ear ended 30 Se t8mber 2023 2023 2022 Cash flow from operatlng actlvltl•s 81,816 75,014 Ca$h flow from Invostlng actlviti•s InvÉslm6nl income Purchase of fixed asse15 Sale ol fixed assets Cash u$¢d in investlng activities 6,377 116,6361 5,049 134,8561 500 29,3071 110,259 Cash flow from finan¢ing adivities Finance lease payments Cash used In flnanclng actlvltles Increasè In ca•h and ¢•sh gqulval&nts In the y•ar Cash and cash equivalents al the start of the year Cash and cash equivalents at Ihg end of the year 71,557 104,655 176,212 1104.321} 206,976 104,655 Reconclllatlon of Incom• and Ex •ndilure to Cash Flow from O gratln Actlvltles 2023 2022 N81 Income I lexpenditurel Dfjpreciation Adjustment disposal of fixed asset Investment income Change In stock Chango in deblors Change in ereditors (11.0111 70,115 1114,7211 71,253 15001 15,0491 886 123,4071 13,4761 75,014 16.3771 {3511 14,153 15,287 81,816 Anal sis of Cash and Cash E ulvalents 2023 2022 Cash al bank and in hand 176,212 1Q4.655 Anal sls of Chan e5 in Net D&bl The group has no borrowings so nel cash is equal to the cash sh¢)wn on tho balancg sheet and there are no Changes in nel c8sh except for the cash flows shown above.
14. Phoenlx S ecreatlon Roth•rha o the Flnanclal Stat•m•n 801 ended 30 S• ttmber 2023 For th• f STATUTORY INFORMATION Phoenix Sports 8nd Recreation (Rolherhaml 18 a private charflable cornpany, limited by guaranteo. istgred in England and Wal85. The (x)rnpany's r8gist6rad number and r8gist8r8d officè addres3 can be found Sn th8 rèf8r8nc8 and adminislralive detall$ geclion of the Iruslè88 rgporl. Its principal aclimty is the operation of 8 sports and recreation facillly in furtheranco of Its charilable objects as Ilsted in the Report of the Trustees. The liabl1Y in respect of the guarantee is Ilrnited lo £10 per member. Th& presentatSon currency ig pound$ gterfing and th$ o¢counts are rounded to the nearest £1. 2 ACCOUNTING POLICIES al Accountlng Convention and Basis of PreparirvJ the Financial Slaternants Th8 fifjancial statements of the eharilable company, which is a public benefrt entity und8r FRS 102, have been pr6P8rod in accordance with the Charits'es SORP IFRS 1021'Accounting and Reporting by Charilie$.' St8t8mgnl ol R8commend8iJ Pr8¢1icts applic&blé to Charits'es preporing th8ir accounts in accordance with th8 Finanaal Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191., FinaneAal Raporting Standard 102 The Financial R¥p¢)rting Standard appllcab18 in the UK and Republi¢ ol Ireland, and thg Companles Act 2006. Tho financial slalemenls h8v8 b88n prepared under the historfcal cost convenlS0n. bl Going Concern Thè trustees assèss whèther the use of go1 concern Is appropriate 1.8. whether th8re are any materlal un¢ertainlies related to 8vents or conditions that may cast (k)ubl no the abillty of th9 charity to continue as a going corKem. The trustee5 make this assessment In rèspect ol a period of al least 12 months from the dal ol authorisatlon for issue ol the financlal statements and have concluded that the charlty has adequat8 resources to contlnua in operational exlstèn¢e lor thee lorseeable fulura. In making the assassmenl the trustees ara conscious ol th8 net liabilits'es in th8 company. However, Ihe tnjstaas are confident that there are no material uncertaints'e$ al)wl the companys 8bilily lo continué as a going concem, thus they continue to adopt thè going concam basrd of accounting In preparing the financial ststements. Tha Tnjstees have takgn steps lo ensura that the group has adequate flnancial resource to continue aGtivili8s ovor th8 noxl twelve months. Th8y have produced forecasts whlch show that the group can contlnuo to operate within financial resources lor twelve months from the dale of thls report and mana9amgnl accounts Indicate these projoetlon5 should be achieved. Consequendy the directors are confident that the flnanaal stal8m8nts are properly prepared on a going concern basis. cl Group Flnancial Slalemants Th85e financial statgFll8n15 consolldatg th& a¢¢ounts of tho ch8rily and its subsidiary undortaking. which is made up 10 30 Sept8mber, on a line by lin8 b8S15. Transacotsns t)eiween group cornpanies are eliminated on consolidation. No Statement of FinanrAal ActSviti¥$ is preBented for the charity alone. dl Fund Accounting Funds held by the charity are eith¢r'. Unrestrfcted g9neral funds- thos* arè funds which can be used In accordance the charitable objects at thg discretion ol the Irustoes. RestrScted lunds- these ara funds that can only be use¢J for specifk re8lrlct8d purpose3 withln th8 objèct5 01 the charity. Rgstriclions arise when specWSad by the donor or grant making bcKJy orwhen funds are ralsed lor particular reslrl¢led purposes.
15. Pheènlx S ort5 and Recreatlon Roth•rham Notes to tha Flnanclal Statemonts For tho ar ended 30 Se tembtrr 2023 2 ACCOUNTING POLICIES el Income Income is rocognised in the Slalemenl of FSnanclal Activiti98 {SoFAI when the ch8rfty h88 entillament lo the funds, any performance conditions have been met, the amount can be measured reliably and il is probable that the income wll be received. Oon81ions are recognised Dn a receivable basis (where there are no perfomiance corKlilionsl, where It is probable that the income will be received and the amount can be measured reliably. Grant Sncome is recogni88d when the charily has enlillemenl lo the funds, any perform8nce conditions attached lo the grants have been rnet. it Ss probable that the income will be received and the amount can be measured r8liabty. Membershlp generally runs lo 30 September. Golf m8mbership runs lo 28 February. Income from the various memberships is Cognised in the period lo which it relates. Admissions, playing lees and trading incomo is rgcognised when goods or services have been Supplied and enlillemenl is due. Interest incomo is rgcognis9d on an accruals basis. n Donated Goods. FadlSlles and Services Goods donated for resale are included al fair value, belng the expected proceeds from sale less the expected costs of sale. Where the donated good is a fixed asset it is measured at faiT valu8 unlgss it is impractical to measur8 this reliably, in which case the CLISI of the item lo the donor is used. The gain 15 recognised as income from donations and a corresponding amount is included in the appropriata fixed asset category and depreciated over the useful economic life in accordance with the ¢hartVs accounting policbs. gl Rosour¢es Expended Expenditure is recognised where there is a legal or conslructtve obligation commilling the charity lo that expenditure. il is probable that a Iransler ¢f economic benefits wll bg required foi sèttlement an($ th8 amount of th@ obligalior) can be measured rgliably. Expenditure is acwunled for on an accruals basis and has bèen calegorised under headings that aggragale all costs r8laled lo the catsgory. Where costs cannot be directly attributed to Particular headings Ihoy have been allocated lo activities on a basis conslslenl with the use of resources. Expendllure Is calegorised under the following headings.. Costs of other trading 8ctivllies includes tho costs of the charilY$ fundraising activities and the group's non-charilabl¢ trading subsldSary. Expenditure on charitab18 activities indudes dlre¢l and indirect costs of delivering the group's charitable activi119S. Irrecov9rable VAT Is charged 88 an 8xp8nse agalnsl the acllvity for which expondllure arose. Support costs are those that asslsl the work of the charky bul do not direcuy repr&s8nl charitable aclivlties and include officg ry?sls, govemance costs and adminislralive payroll costs. They are incurred dir8ctly in support of expenditure on the obj¢¢ls of the charity. Whère support costs cannot be directly attributed they have been allooa18d based on the esllmaled use of resources. h) P8nsion costs The company makes contributions lo thg B&CE banerrt scheme defined contribution scheme. The charge represents conlrfbulions paid by the company lo the fund in rgspecl of the year for current employees.
Phoenlx S nd RreatIOn Rotherham Notes to the Financlal Statemonts or the ear ended 30 Se tember 2023 2 ACCOUNTING POLICIES il Corporation lax Th8 Company is exempl from corporation tax on Ils charltable a¢livilies. Tanglble fix8¢J assets Individual tangible fixed ass81s co8llng £250 or more are capilalised and included al cost includin9 any inGidenlal 9xpenses of acquisition. Tangible fixed ossets aTe slated al cost less depreciation. Depreciation is provided al rates calculated lo write-off the Cost of fixed assets. less their estimated residual value, over their expected useful life on the followlng basls.. Buildings over 150 years straight line Plant ènd machinery ovgr 5-10 years slrai9hl Ilne Fixtur85 and fittings over 5-10 years straight Ilne A99ets acquired by donation are depreciated over Ihair individually assassad eslimalod usaful economic life al the date of donation. kl Stocks Stock is included al the lower of cost or net reallsable value. Donated item$ of stock aro recognlsed al falr value which is the amount the charlty would have been willing to pay for the Items on the open market. 11 Debtors Tradg and other debtors are recognised at the settiemenl amount due after any trado discount offered. Prepawnants arg valuod al tho amount prepaid nel of any trade discounts due. ml Crgdilors and Provision5 Creditors and provisions are reco9nised whero the charity has a present obligaliDn resulting from a past event that WIN probably rosull in Ihe transfer of funds lo a third party and the amount due to sellle the obligation can be rneasurad or eslimatod reliably. Creditors and provisions are normally recognised 81 their sèth&mgnl omounl after albwng for any trade dIsCnts due.
Phoènlx S r•atlon Roth•rham 17. Not•$ to tho Flnanclal Stat•monts For the earended 30 S¢ tember 2023 DONATIONS AND LEGACIES Unr•stricl&d Funds 2023 Re$trict•d Fund$ 2023 Total Funds 2023 Total Funds 2022 Donations 5,480 5.480 5,480 2,540 The charity benefits from the Invotvemenl and support of 115 volunteers as ouuined in the annual report. In accordance with FRS102 and the Chariti85 SORP IFRS 1021, the economic ntribu.on ol volunteers is not recognised in the accounts. 4 CHARITABLE ACTIVITIES Unrèstrlcted Fund$ 2023 R05trfcted Funds 2023 Total Funds 2023 Total Funds 2022 Income Sportlng and 1ol$urg adlvltlg$: Membershlps Admissions and plawng fees Grants Other 349,062 169,218 349.062 169.218 18,932 303.188 154,468 5,903 13,500 477 059 18.932 518280 537 212 Expenditure.. Sportlng and lfjl$uro a¢tlvltle$ Direct costs INole 8a) Support costs (Note 8bl 697,742 61,510 18,932 716.674 61,510 685,440 59.920 759 252 778 184 745 360 S OTHER TRADING ACTIVITIES Unrostrlcted Funds 2023 Restrlctod Funds 2023 Total Funds 2023 Totsl Fund8 2022 Fundralslng draws and events Other trading aGlivili95 Inole 141 19,321 1.004.543 1 023 864 19.321 1.004.543 1023 864 18,574 868,040 886 614 6 INCOME FROM INVESTMENTS Unrestrlctgd Fund¥ 2023 Restricted Funds 2023 Total Funds 2023 Total Fund$ 2022 Bank Interest Rental income 1.386 4,991 1,386 4,991 58 4,Y91
Phoenix S orts a d R•¢rtration Rothèrham Noto$ to th• Flnanclal Statements For the ear ended 30 Se tember 2023 7 EXPENDITURE ON RAISING FUNDS 2023 2022 Fundraising draws and events Other trading acliwtSes Inote 141 11,725 794,035 805,760 11,925 728,698 740,623 CHARITABLE EXPENDITURE 2023 2022 al DIRECT COSTS Staff costs Grounds malnlenance, equipment and olher dlrect sporting and leisure activity rglaled costs Security Irrecoverable VAT Insurance Premises Cleaning Depreciation Power Flnance costs Other direct costs 298,266 196,902 282,624 155,640 2.920 15.457 26,388 13,381 17,723 70,115 67,807 6,211 1,245 16,919 15,872 16,137 16.931 71,253 102,525 5.540 754 685,440 716,674 2023 2022 bl SUPPORT COSTS Staff costs Hire ol equipment Advertising Telephone Cleaning Postage and slalionery Power Profèssional fees Olh6r support costs Governancg costs Audit fees Non4udit services 33,141 1.049 210 7,116 665 3,167 3,569 1,393 1,914 31,403 1,337 71 6,208 891 2.312 5,396 1,708 1,704 5.500 3.786 61.510 5,000 3,890 59,920 TOTAL CHARITABLE EXPENDITURE 778,184 745,360
Phoenix S orts and Recrnation Roth rham 19. Not•s to the Flnanclal Stat•m•nts For the ear endod 30 Se tember 2023 9 STAFF COSTS 2023 2022 Salaries and wages Social security costs Pension costs 576.431 39,054 10,660 626.145 525,174 33,715 9.849 568,738 Th6 abov8 includes Key management personnel remuneration 50,711 50.603 The average monthly head count of employees durlng thé year. analyBed by category, was.. Charitable activities Trading subsidiary 11 32 42 45 No employ88s éarned over £60.000. 12022.. None) 10 TRUSTEES. REMUNERATION AND BENEFITS There were no Iruslees, remuneration or expenses paid for the year ended 30 S8plember 2023 nor for the period ended 30 September 2022. 11 NET INCOME FOR THE YEAR 2023 2022 This is staled after charging'.- Auditors, remuneration {groupl audit services non-audit servlces 5,500 3,786 70,115 35,193 5,000 3,890 71,253 12,57e Depreclation Operating lease r&nlaL8
Phoenix S orts and R•¢reation Rotherham 20, Notes to tho Flnanclal Statem•nts For thè oar ended 30 Se tember 2023 12 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES UnrostrlctBd Restrlcted Funds Funds 2022 2022 Totol Funds 2022 Total Fund$ 2021 INCOME AND ENDOWMENTS FROM Donations and legacies Charitsble activities Other trading aclivili88 Investmen15 TOTAL INCOME AND ENDOWMENTS 2,540 471,156 886,614 5,049 1.365.359 2,540 477,059 886,614 5.049 1.371,262 24,538 661,563 534.957 5,005 1,226,063 5.903 5,903 EXPENDITURE ON Raising funds Charitsble activities TOTAL EXPENDrruRE 740.622 739,458 1.480.080 740.622 745,361 1,485,983 575,015 626,026 1.201,041 5,903 5.903 NET EXPENDITURE FOR THE YEAR 1114,7211 {114.7211 25,022 NET MOVEMENT IN FUNDS 114,721 114,721 25,022 RECONCILIATION OF FUNDS Fund balances brought forward.. 3,562,849 3,562,849 3,537,827 Net movement in funds 1114,7211 1114,7211 25.022 Fund balances carried forward 3,448.128 3.448,128 3,562,849
Ph¢8nlx S sandR cr•atlon Rotherham 21. Not08 to the Flnanclal Stat•m•nts For the ear ended 30 Se lember 2023 13 TANGIBLE ASSETS Company and Group Plant and Fixtures machlnery and fittings Land Bulldlngs Total COST Al 1 October 2022 Additions Disposals AI 30 September 2023 1,590,000 2,030,180 2,045 181,614 13.482 54,842 1.109 3.656,636 16,636 1.590,000 2.032.225 195.096 55,951 3,873,272 DEPRECIATION Al 1 October 2022 Charge for year Eliminated on disposal AI 30 September 2023 261,389 45,610 85,324 16,910 24,389 7,595 371,102 70,115 306,999 102,234 31,984 441.217 NET BOOK VALUE AI 30 September 2023 1,590,000 1,725,226 AI 30 September 2022 1.768,791 .590,0 92,862 96,290 23,967 3,432,055 30.453 3,485,53 14 INVESTMENTS Group 2023 Company 2023 2022 2022 Shares In SUbSl&ne$ 8t cost At 1 Ocl¢)ber 2022 Additions At 30 Sept8mbgr 2023 Tho charity owns thg entirg ordinary shar8 capltal of Phoenix Pavilion Limited. a company registered in England and Wales (company number 097366741. The subsidiary op¢rales th8 trading acltvilies previously associated with the Phoenix Sports and Stscial Club. 8rinsworth. Rolherham. The r8su115 of the company ore included wlhln these con801idal8d financi81 statements on a Ilne by line basls In the appropriate Income and expenditure headirys.
22. Phoenl S orts an Rg tlon Rolh•rh Noto$ to the Flnancial Statements For the ear ended 30 Se tember 2023 14 INVESTMENTS lcontlnuédl A summary of the 8ubsidi8tys trading résults is Shown below. 2023 2022 Turnover Cost of sales Gross profil Grants Adminislratlve expenses 1.004.543 868,040 423,1131 1378,364 581,430 489,676 non%roup group Interest received and other income Nel Ilossllprofil for th8 year (370,922) 1350.3341 1144,1221 1133.506} 11 66,397 5,838 Retained eamlngs broughl forward Gift Aid distribution {52,996) 158,8341 R8t8lned eamlnos carriad foNard 13.401 52.996 NOnrOup expenditure abov Cost of sales Adminislrab've expenses 1423,113> 1378,3641 370,922 350.3341 794,035 726.698 Assets 94.499 81.097 13,402 64.521 117,516 152,9951 Nel assets Called up share capltsl Profit and loss account 13,401 13,402 52.996 152,995) 15 STOCKS Group 2023 Company 2023 2022 2022 Goods for resale 24.070 23,719 24,07 23.719
Ph¢tnlx S orts e¢r•atlon Rotherham 23. Notes to th• Flnan¢lal Statements For the ear ended 30 Se tember 2023 16 DEBTORS Group 2023 Company 2023 2022 2022 Trad9 debtors Amount owed by 8ub8ldiary Other debtors Piepaymenls and ac¢rued income 1,358 161 39,816 1,931 16,805 58,552 69,844 14,386 22,864 107,094 1.931 32,566 35,855 14,386 35,461 50,008 17 CREDrroRS (Amount8 falllng due wllhln one yearl Group 2023 Company 2023 2022 2022 Trade creditors Amount dug lo subsidlary Social security And other lax Other credilofs Accruals Dafarred income 41.408 48.879 19,089 25,387 28.095 1,783 69,657 90,132 231,075 28,265 1,568 62,211 74,865 215,788 27,942 1.783 60,838 80,142 189.794 27,512 1,S68 55,254 58,394 168,115 18 DEFERRED INCOME Group 2023 Company 2023 2022 2022 Balance brought forward Incomg received Income released to SOFA Balance ¢arried forward 74,865 90,132 174.865} 90,132 72,803 74.865 72,803 74,865 58.394 80,142 158.3941 80.142 69.651 58,394 169,6511 58,394 Deferred income relates to membershlp f&es receSved In advance and olhol income wharg gntillemenl Is not due untll the next period.
Pho 0rt5 nd Recreation Rotherham 24. Notes to th• Flnancla StBtem nt$ Jr nded 30 Se tember 2023 19 CONTINGENT LIABILITIES 2023 2022 Contingent liabilltles 20 PENSION COSTS The company makes payment$ on behalf of employees to the B&CE benefit scheme. 11 is a funded dafln8d contribution scheme, wllh the assgts held in separate trustg9-admini8lered funds. 21 RESULTS OF PARENT CHARITY 2023 2022 Income Glll aid donation from trading subsldi8ry Expanditur8 Increase I IDecreas&l In fndS Total funds brought forward Tol81 fund3 carried forward 1,007,239 891.437 1,084,649 177,4101 3,501,128 3,423.718 1,011,995 1120,5581 3.621.686 3,501,128 Reslricled fLtnds Unrè8lricled funds 3,423,718 3,423.718 3,501.128 3.501.128
Pho nlx S orts and Recreatlon Rotherham 25. Noteg to the Financial Staternents For the èar ended 30 Se tember 2023 22 MOVEMENTS IN FUNDS Opènlng Balanc• Incomlng Rèsources Outgolng Resou¢5 Transfer• a Galns110889S Closing Balan¢e Unr•slrlcted funds General funds Rg$trlcted fund8 General funds 3.448.128 1.554,001 (1.565.012) 3,437,117 18,932 118.9321 Total tund¥ 3.448.128 1,572.933 1,583,944 3,437,117 Unreslrided funds are the retained surpluses of th8 group and arg ovailablo lo bo used lor any purpos& Specified within the trust's objectives and are the only funds that are avaikable lor use al the discretion of the Iruslees. Restricted funds represent unspent balances on gran15 r8¢9ived for specific projects. The reslrfctKJns are gènerally imposed by the funding body and often includ8 the type of exp8ndiluTe allowed or a specific activity or purpose to b& supported. 23 ANALYSIS OF ASSETS AND LIABILITIES BEfwEEN FUNDS Fund balances al 30 September 2023 a represented by Restrlctgd Funds Unrestrlcted Fund$ Total GfOUP Tangible flxed assets Current assets Crgditors ¢Jue wlhln one year Nel assets 3.432,055 236,137 231,075 3.437,117 3,432,055 236,137 231,075 3.437.117 Restrlcted Funds Unrestrlcted Funds Total Company Tangible fixed assets Investments Currgnl assets Creditors due within one year Nel assets 3,432.055 3,432.055 181,456 169,794 3,423,718 181,456 1189,794 3,423,718
26. Phoenlx S ortJ and Re reation Ro Not•s to tho Flnanclal Stst•m•n For the ear ond•d 30 S8 i•mbèr 2023 23 ANALYSIS OF hSSETS AND LIABILITIES BETWEEN FUNDS ICONTINUEDI Fund balances at 30 Sèpl6mber 2022 are T8presented by R•strlctod Unr•8tr1¢t•d Funds Funds Total Group Tangible fixed assets Current a58e18 Creditors due wh1n one year Nel assets 3.485,534 178,382 215.788 3,448,128 3,485,534 178.382 215.788 3,448,128 R•strfct•d Unr•$trl¢t•d Funds Funds Total Company Tangible fixed assets Investments Currgnl assets Cr8ditor3 due within on8 ar Nel asgOt$ 3,485,534 3,485,534 183,708 1168,115 3,501.128 183,708 168.115 3,501,128 24 RELATED PARTY DISCLOSURES There w0r8 no related party transactions dudng thtr year12022.' nil) Two of th8 Iruslees are related to Brinsworth Whilehlll JFC, ono as Chalrman and one as volunteer coach. The Charity rants football pitches to th& football dub under an arrangèmant whlch has been in p18c¢ lor 8everal years and which pre-dates the appointment of thè Iru51ees. The club is charged a cornmerdal nt and neither trustee is involved in dlscu55ions nor nègotl81ions regarding transacllon8 Wlth the football club and receives no personal advantag& from the arrangomet)l. Inmme Teceivod durtng th8 year iotalled £24.46412023'. £22,0001 B Watkins, son of N Watklns, the Chair of trust88s, is em0y&d by thè charfty as Buslness Manager. B Wotkin'g 8ppoinlment was mada In open ¢ompelition and N Watkln5 wa3 not involved in thè daeision making process regarding th8 Appointment. B Watkins Is paid within the norrn81 market conditions lor his role and r•c8lved no special Irealmenl as a res{ of hi8 relallon8hip to a memb8r ()f U)& txjard of trustaes. 25 OPERATING LEASES Thg o)mpany has ftjr8 mlnlmum leasè payThents under non-cancellable leases as foll¢)ws.-- 2023 2022 Wlthln one year Equipment 45,501 24,348 2-5years Equipmènt 137,518 87,533 More than 5 years Equlpmenl