•rh4 c￿ar#oltO clal 8 'For.Ih .•nd 30:$0- Comp•ny Nfy 09448920 Chlrfty N¢x 1101774 The Pknenlx *AEBH68AA• 2010912025 COMPANIES HOUSE A05 A Charltabl•-. Llmll•d b ..G o •or,'• d 30 S• t*M￿r 20>4 Conl•nt8 Roport oflhe TNstees R•port of ihe Indepondenl Auditorn Consoll¢Jated Stalgment ol Flnandgl Ath"vlti08 11 Balance Sheets 12 Consolldatod Ststement of Cash Fkn 13 Note$ to the FknarKial Slatsrnents 14 Phi>8nlx ".•nd.Rech8 .'L'lmlt• REFE ENCE ND ADM NISTRATIVE DETAILS Charity Nam• Phoenix Sports and Recr•alKm {Ri)thetharnl Charity Regithtion Numtsr 1186774 R•gi8tere(I Company Number 09448920 IENJl8nd and wa￿8) Reglstsred Of￿? Addre and Principal Office Paviliiyn Lane Off Bathi Ro￿1 Brfnsworth Rothoth8m South Yoth2hir8 S60 SPA Trusleeg PAr N Wthins Chair Mrm Read Mr K Dy8C#I Mr J Cawii•r IAr R Spencety Mr I Walker Mr G Matthowman MrA LOYAS (Appolnled 18101r241 Company S8¢retsry Mr 8 Walkln$ Company Managornent 8u8inw8 Mana98r Mr B waI￿n8 Audltorn Kingswood Allolts Llmit•d. Ststuiory Audilor Siding$ Court DDncaster DN4 SNU Solii>tors w￿gley$ SO￿¢￿0T9 LLP 19 Cookridge Street Leads LS2 3AG Bankg Sanl8rMler Boolle Merseyside L30 4GB Ix S ort8 an"a ' A.Charlt8bl8 Co'm tlon". Roih riia ' UM1t￿'b" Gu¥r•ritq• ort ol.th• Tru •ar end 30 S• . r tho- •mb•r 2024 The annual rnport ¥grve$ the of both a truste8'8 r•p(xl. and o dirgclots report under ￿1mPanY law. The tnJ8tees who are also directoryJ of the charity for thg purpo$95 of￿ Compani&s Ael 2006. present theirreport with the consolidated financial 51atemonls ofthe charfty fortro yearended 30 Sepl8mber2024. The trustees have adopted th8 provision8 of Ac¢ountirg and Rgpthng by Charities.. Stat8ment of Recommended Practico apFlicable to charit£es preparlng their accounts in a¢¢ordance wilh tha Financial Ropoiting Slandafd applic8ble in the UK and Republc of IrBland (FRS 1021 leffeclve 1 janu￿ 20191. OBJECTIVES AND ACTIVITIES Our objpxtive5 as s8t out in ourArticle$ of Mamorandum #re to PTomot¢ physical and menld health and w•llbeiny by the provision of 8poibng and cullural f8cililie$. Tha obl￿t$ are 8pecrfically restricted to the fdlowing, for the publlc bgnefil: the advanc8menl of gmeteLtrr ¥Jort by providwig facililies for playlng badminton, bovA8. football. 901f. 8qua8h, wwghl lifting. i•bltr l•nnis or ¢Aher 8port6 pmmotsrwJ h@￿th as thg trustees shall datermine: the promotion of facilili•s for rgcrnatton or other le5sufe Iwne oc£Ltpation ol Indfvidual8 who have néed of such facil￿.¥¥ by reason of Iheir youth. age. infinnity or diSabl￿ment. financial hardship or 8ocig1 walf¥¢ and wilh the obi•ci of Impr0￿[Vj the condition of life oftho community,. tho advancthnent olh8811h; the advancement ofthe arts and culiure and in particular. bul rvJt exduslvdy, by prmting drama: th• Ad¥Ancemonl of$d￿9110n and troinbng In amateur sports and heatth: and the preseryatlon conservatlm and knpfovemenl of Ravenfield Park as a publlc amenlty. Tho slfategfvs wTrpknyed to ackni8¥8 the charity's alms and rtipcttves are to: present a lyoad rarvJe oftsrylitios and advrtles for tm enjO￿Ent and edu¢atit)n of aur local con*nunity', 2. offer opportunitie5 for a broad range of people to 981 involved in sporting lelsure ¥#1 cultural acti¥tt*s. In putting th•8e stralegfes togelher we have Ihrne major areas ofacb"vlty: O￿anised"seCtlQns' whore can partak8 individu•lty orcolgcbvdy in teams. both in CAYnpelrfiv¥ and nThI-¢om￿titsve environmonts. 2. Non 88ction member5 where use of the tscilities Can be on 4 'one off basi5 or a lerm basls suclt as tho use olfoolball f8¢ilities throughout the foolb811 season by 8rirwffjrth Whit8hill Junior Football Club and Rolhorhom Schoo15 Select. 3. Casual use In implementiThJ the58 stra189ie5, the ¥eclions arg •n¢ournged to in(aKle and where fe8sble encourage partiGipabon by all membèrs ofthe ¢¢)mmunlty. '.and ii•craati A Chgrll•b'l•.Com orha GuaT8nteo ' r end.'30 S• Our Facllhl•• We aim to provide afford8ble access lo a wid• range of fxilities for a whole range olsports 8nd cultural activitses these include bul are nol re$lrr¢t¢¢J to.. Sport5 Facilities for Archery Badmlnton Bowls Football Golf Squash Table Tennis Weight TrainiThJ In 8dditM>n. the Charity wovid8s admini8lrolion and other support for. Drama Hock Rovenfigld County Park Thè Chartty Telle¥ incryne fn*m fees and charges it has to mak8 to cover ils opefaling cogts and IB constanlly striving lo ensure that Ihese are affordable lo all. Volunt•ors The charfty Is gratelul forthe work carried out by its Tru8te•s and *so those help to run the vari¢)u$ Sporting and lebsure sections of Ihe charity. Publ1¢ b•neflt The Trustees have had regard to the guK1arte 5ssued ty the Charlty Commlsslon In relatson to Puts1￿ B¢nefil In detemiining the actions and objectives of the Chanty. The TNsfees also o)nfim that théy have wmplied wlh the duty In S8ctlon 4 of the Charitie8 Act 2011. The charws 88rvKe8 Bm availabk lo all.. The Trustees feel il is clear fiDm the Charity's obpcts¥o$ and akn8, the laryèts 881 for the Chartty in Pro￿11￿j its facilities. support forlhe k*al communlly and opp)rtunitles to gain improved ph￿￿1 and mental wellbèlffj. I chwty brtngs substantlal publ￿ benefft. ACHIEVEMENTS ANO PERFORMANCE On 1 October 2016. the ￿ets. liabllitf¢$ and actlvi1198 01 Phoenlx SpNts and Sooal Club, an unlncorporated mernbers club werg transferned to the chartty and lis Subsidiary Phoenlx Pavilon Ltd, and the ch#rtty ¢offlm8wd its act1vi￿eS on that dale. The trading activiti￿ are undertaken by Fknoenix Pavilion Limited. Durfng the perlod Ihe charity athigved its alms in pmwdfjng the lacilities roqVir￿j lo meel Ihe demands of ihe communty. The charlty also m8lntalned the trugh membernhip levels of Iwo of our outdoor sport5 offerings (Goll and Angling). In addition. ulilisation of ourfootbolj offerfry Ikls rthwgrown toan e¥tenlvth8r8we arg fvmy subscribwj . Imlt•d b" .'Gts•r4n héT ar al w8ekend8. We cuttently havo over 40 individual t•arns a¢ros8 m•n'$ and wom•n'8 lootb￿l TangiNJ fmm U7,9 righl up lo adults. Thè trading ann conb'nve¥ to p¢rfoTh supertjty again ($iffllarty to last yoarl bucklng Ihe industy trnnd. Thg year- end armunls for ihe Pawlton show 118 bèst perfonnance ever making a *gnifiGant contribution lo the tharty after K P•rform•rte• In&le4to Tha tharity ffleasures ts SU￿05¥ by Ihg numb8r of men*8r8 and the number of peo￿8 using their tharitsble laciliti88. The rtharity'8 incomè Is influented by pU￿1C attitudes lo heatth ?nd leisure 8Gllvitig3. Fln•ncl*l R•vr•w The group rec8lv4d In￿me of£451.523 (2023 £518,820) from 8edion mernberBhip and pty to play act￿1￿89 w5th addillon81 Income of £19.850 12023 £18,932) from grnnts. A fvrthér È14.033 12023 £19.3211 wa$ raisad in fvndraiwng ond £1,082.528 {2023 £1.004,5431 from trodlng subsidlary. Operating cogt$ for the charity amounted lo E874.358 12023 £778,184) on chari18ble 8Cti¥llle8, E7,8LY)12023 £11.7251 ￿ fUrK1ra￿n9 actMUe$ and £905,02112023 £794,035) relating to the trading act1vil￿$ of the $ub$idlary. Captsl EKpenditure arnunted to £136,26312023 £16.6361. After inclusion of Ihe results of F¥hoenix Pavilion Ltd Iht group had a con801id8ted d8ft5101£221.925 {2023 defKrt of £11.0111. Fund balarKes at the end of the yoar ¢ota119d £3.215,19212023 £3.437,1171. Th8 ch81ity'6 prfncip81 fi￿dIry source8 are Ihe gon•r81 wblic. Fundral¥lThg The charity nomiaNy undÈrt8kes a minimal amount of lundrnislng la weekty drawl. Our polSty rnmalns . no commercial fundraisers are used and there Is rn prnssure lor anyone to donato or paibcipale in fundralslng activities. Going Con¢•m The trustees obser¥e thatthe net Guffent1H￿.l1ts￿5 pogb'on has relumed due lo increasing costs. The trustees hwe taken m8asuie8 lo offset Ihese increases, where pO￿lb￿. through inve5trnOnt into solar energy. Th? tru&ees also e.xplorifig other opportunib8$ to improve the position, in the coming yeats. The Iru5teey are mindful olltte CherityCommisFion'$giMdance on p￿￿dIng ffin8ncld support lo trading subsidiaries and the need lo ensur• that charity assets are nol placed at ri8k by supporting a loss rna￿n9 subsidiary when il is no longer financialjy ￿able. Tho above shows Ihe tradlng subsidlgry to be very prnfllable and a key contribuior in assisting the charfty In athieving its goals. The Iwslegs are confidont Iha trading subsidi8ry will remain pmfitsble in the peiTod 10 30 Seplembor 2025 and following. The Board ofTruslees have laken 51eps lo gn5ure tha charity and group has 8dequale financlaj resource to conltnue actfvlties for the foreseea￿* fvlure. For Ihls Tea8on li c￿￿￿nu&S to •dopt th8 golng con¢om basis in preparing tho financial statvments. Further dBtaifs T09a￿1n9 the adoption of the goir¥J concern ba*s can be folmd In ￿ Statement of Accounting Pollclfjs. JIB 4n ' A.Charltalblo C4iin Recrt¥tfon Rothoiliam .Guarnnt•• I￿.th•,. nd-30 t•mb•r.'2024.: Re•er The TN$te$$ mlew the reBerrfe ￿¥815 of the group at the end ofeach finanrAal yearas part of its budw planning process. This review encompass8s th8 no￿le of income and expenditure streams, the need to match income wlih commitrnenis and the nature of reserves alorg wlh n8cessary con5iderationlresrN)nsgs lo dovelopmentavchange processes inits.aled in or rgquirfjd by ¢honge8 Sn nation818cenarios. Thg Irustses also recogTh8• that there IB a variatson in income aGrw the yéar and d88mod that. varfation nol wllhstsnding unrestr"¢ted ra8erves should not frdll bdow £3,937,000, thal being the approximate equrvalent to the net bwk value of fixed assets and three operatlng expense. Thè reserves as at 30 September 2024 We￿ £3.21S.1Y2. of whlch all a￿ unrnslricted funds. Of th888 fuThJs £3.490.OU¥J can only bg reolbsed by dIsp￿ing of tswblo fixad 2988ts leaving a def￿1¢ of £274,898. The Tru$teeB con51anlly rew8W Opportunities, financial p*tsmènce and budgets to identify Opport￿ltieS to crease free resarves lo the requlred ￿¥¢1. PLANS FOR FUTURE PERIODS The charity plan$ lo continue to pmlde the provision of Ihe tacliues for public use. In athjilion. the tharity has engaged with a number of existing and new customer3. exploring partn•rships and further opportunitie$ to utili98 dundant land. Th8 charity and trading ann have untapped wjtanlial and with a strong ropulalion on coro offerin9s are upbeat on ils capablllty lo maxlmSse income lor the coming year. STRUCTURe, GOVERNANCE AND MANAGEMENT Gov•mlng d¢¢um•nt The charity Is ¢ontroJled by Sls gov8rnlng documgnt, a d88d of trust, and con81itulg8 8 Ilmw ¢thnpany, limited by guarantee. as dofin8d by the Cornpanles Act 2006. The ryjfflpony Is a prfvate cunpany. Re¢rultm¢nl and •ppolntrn¢nt ol tru•t• The charity is managed by the trustees. The Trustees fomi the goveming body of the chathy and ore responslblfr for ensuring the organlsabon Is working within Ihg bounds of Ihe MeThw)ranthJm and A￿les. New Twstees ar¢ app01n1￿ by Ihe 8oard. New trustee$ are r¢4le¢te¢ al the Annual General Meeting. Ow Tiusle95 have a wealth and diversity of professlonal skSlls, exp8rionco and kntrthedge to contn.bute to thè development of the owanisatK)n. and ar? rmimitted io Ihe conc8Pt and values ol tha chority. Trustees are fvlly awarn of Iheir ￿spOnS*1111ti0s reganling the ory8nisalion. On appoiniment new ifUgte86 are imiiled lo hav¢ 8 tour of the charivs facilities. are provtded *ith an irKluGtion pack and are briefed by tho Chalrnian 8nd other InJslees on their ffJl8 and fe8ponslbilllies. TNsteos wil receive appropriats Irdlning as required. Organlsational SlxuctUf• Day to day manogemenl of the chartty 1$ dglggaled lo the Busness M8naggr B Walklnswith majordecaslon5 mad¢ by the Board of Truste•s who meet m¢)nthly. Phofrnlx art'd.Re tlon. oth"e ' A Chorlthlil• Com Uinlte'd b ' Guaiant•ei rt"olth•.Tru•tu¥ ar •nd.30'So r2024.. Arrang•rn•nts for Settlng th• P•y of K•y Manwm•nt P•rninn The remunern1￿n of the Budness Manager is delerrnlned by the Board of TrLJSteos and is based on mark81 rates for tho roje. Rl•k As8•gBmènt The trustees hgve r¢vie**d fv major risks to the operaUDn and are Gonffidenl th81 al preventative mea5ure$ that can be arn in ￿8c0. The princip81 risks f•cir¥J the charity 8re the obtaining of adequate fvnding and conirol over cash. The ernphasis on cash monagementwhilst succe$s(ul. in i5014tion does not p￿IllOn Ihe charity to inve5t8nd extend its offerings. The twsteès understand the ￿tiCalIty of cash and continue lo focus on ¥ nurnber of oppjrtunities lo secure windlalls and strengthèn partnerships that Improve undetylng opernlional results. The TrustsB$ review the cash flow pro*¢lion$ a1th8irregularm￿tillgSto ensure adequate rB8ources are availab￿. STATEMENT OF TRUSTEES RESPONSIBILITIES The trustees (who ar8 also the d1￿clOr$ of Phoenix Sports ond Recreation IRoth8rh8ml for Ihe purposes of company18wI are responslble for preparirffJ the Rewjrt of the TNstses and the flnancial slalements in aceordance th ap￿1¢able law and Un*ted Kingdom AccounllNJ Stsndards (Unifed KirvJdom Genernlty Accepted AGcoLÈnting Pr8ctice). Company law requiTC5 the tru818e8 to prepare financAal slalements for each flrtahGial ygar. Under comparry law the trustees musl nol 8pprove Ihg finonci?I stsiements urAess they we satisfièd th31 they gNe a Iwe and fair view of the stale of affair5 of the charitable company and of the incoming resOu￿e5 and appli¢alion of re¥our¢o$. includi Ihg income ant1 expenditure. of th8 charitable company for that period. In preparing these financiel statements. Ihe trustee$ ar8 required to:. 8decl wbt8ble 8ccounling polKie8 and then appty Ihgm Con￿Sten1Y,. obserye the m¢lhods and prknc4ple8 In Iho Charilias SORP 2019 IFRS1021; make judgements ond ests'rnales thèt are reasonab￿ and prudent: stale whether applicable UK A￿oUntIng Standards ha¥8 been followed, subject to any material departur88 di￿105ed arnl explalned in the finanrAal statements- prfjp8￿ thg financial slatements on Ihe golng corKem basis it is inapprwale to presume that the ¢harilable company will continue in oper4ti0n. The tn￿le•S are responsible for koepin9 adequate ac¢ounllng r8cords that di$dos8 wlth re88on8ble gc¢uw at any Ilme the financial position of tre Charitable company and lo enable them to ensure Ihatthe ffinanGial $ialements Compty with Ihe Companies Act 2006. Thèy are aL80 re8ponsibl8 for safeguartling ihe 88set8 of Ihe charitable company and hence for taking rea8on8ble slep8 for the Preventi￿ and detection of fraud and olher lrntyularities. In Bo far a$ the tN8tees are •rf#are'. thoro Is no relevant audrt Inlorrnation ofwhi¢h the ¢harit8ble cornpany's awlilor¥ are unaware: arKI the InJstees have taken dl steps thatlheyoughtto havo tskon to make tr•m88lYos aware of any rethant audtt Infonna￿On and to oslabli$h that the audil¢Ys are aware of Ihal infomation. Arid.R•ct•8tlthi otlierh'airi ' F.br.th•' . •nd 30:S• Thiy Trport haB bèen pTrpared tn Ace4rdanc8 With thg swial provijlons of Part 15 of th8 Cclnpanies Aci 20( relatirvJ to sm8N companw. 1910912015 Appmb*d by rydgr ol tho board of tr￿81￿8 on .- . and swJned on ils behaNby'. Mr N WatklTrs- Trustse .. Je the Indè endent Auditor to the Trustees of Phoenix orts and R tion Rotherham Oplnlon We have audited the financial statements of Phoenix Sports and Recreation (Rotherhaml (the 'parent charitable ¢ompany'l and its subsidiary {the'group'} for the year ended 30 September 2024 which comprise the Consolidated Statement of Financial Acb'vits'es, the Consolidated and Company Balance Sheels. the Consolidated Statemènt of Cash Flows and notes to the financial ststemenls, including a summary of significant accounting poli¢ie$. The financial reporting framework that has been applied in t￿￿1r preparation is applicable law and United Kingdom Accounting Standards, including Financial Repo￿ng Standard 102 The Flnanclal Reporting Slandard applicable in the UK and RgpubliG of Ireland (United Kingdom Generalty Accepted Accounting Practscel. In our opinion the financial slatsmenls.. give a true and fair vlew of the state of the pa￿nt charitable company'$ and group's affairs as al 30 September 2024. and of the group's incoming resources and application of resources, including rt5 income and expenditure. for the year then ended; have been property prepared in accordance with Unrted Klngdom Generally Accepted A¢¢ounllng Practice: and have been prepared in attordance with the requirements of the Charities Act 2011 Basis for opinlon We conducted our audit in accordance with Inlemalional Standards on Auditin9 {UKI IISAS IUKII and applicable law. Our responsibilities under Ihose standard5 are fijrther descfjbed in the Auditoff s responsibilities for the audit of the financial statements se¢tion of our report. We are independent of the group and parent charitable company in accordance with the ethical requirements that are relevant to our audit of the financial stalemenls in Ihe UK. including the FRC'S Ethical Standard. and we have fulfilled Our other ethical resFonsibililies in accordance with Ih8se requiremenls. We believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opin￿n. Con¢lvglons relatlng to going concem In auditing Ihe financial statements, we have concluded that the tnjslees. use ol the going wn¢em ba$ls of accounb'ng in the preparation of the financial statements is appropriate. Based on the wort( we have performed, we have not identified any material uncertainties relating to évents or conditions that. individually or collectively, may cast signrficant doubl on Ihe group and parent charitable company's ability lo continue as a going concem for a period of at least ￿e1ve months from when the financlal ststements are aulhorised for issue. Our responsibilities and the responsibilities of the trusiees wth respect lo going con¢em are described in tho ro18vant sections of this report. Oth•r Information The trustees are responsible for the olher infomation. The othèr information comprises the InfO￿allon included in the Rer*Jrt of the Trustees other than the financial slatement5 and our auditorfs report thereon. Our opinion on the fin8ncial slalements does not cover the other infomialion and except lo the extent otheNise expliciily staled in our rep)rt. we do not express any fomi of assurance conclusion Ihereon. In connedion with our audit of the finanGial $tstemenls. our responsibility 15 lo read the other infomalion and. in tjoing so. consider Nthether the other infomalion 15 materially inconsistent with the financial ststements or Ouf knowledge obtained in the audit or otherwise appears lo be malerialty misstated. If we identify such material inconsistencies or apparent material misstatements. we aTr required to detennine whether there is a rnaterial misstatemenl in the financial ststements or a material misslatemenl of the other information. If, based on Ihe work we have performed. we conclude that there is a materfal misstatemenl of this other infomialion, we are required to report that kcl. We have nothing to report in thi5 ￿gard. Re ort of the Inde ndent Audltor to the Trustees of Phoenix S orts and e¢rnat•on Rotherham Matters on whlch we are required to report by exception In the light of the knowledge and understanding of the group and parent charitsble cornpary and its environment obtained in the course of the audit. we have not identified material migstatements in directors. report. We have nothing to report in ￿speCt of the followSng matters in relation to whtch the Charities (Accounts and Reports) Regulation5 2008 requires us to report lo you if. in our opinion.. adequate accounting records have not been kÈpt by the parent charitable cornpany. or ￿tUrnS adequale for our autyit have not been received from branthes not visited by us., or the parent charitsble company's financial slalernents are nol in agreement with the accountirKJ ￿e0rd5 aThJ retum5', or certain disclosures ol directors, remuneration specifsed by law are not rnade., or we have nol received all the infomiation and explanat￿￿6 we requSre for our audit.. or the trustees were not entiued to prepare the financial statements in accordance with the small cotnpanie$ regime and tske advantag8 of the sm811 companies exemptions in preparing the Report of the Trustees. Respon$lbllltle¥ of tru8t••s As explalned more fully In the trustees, re$ponsibilitles statement. sel out on page 6. the Iruslees (who are also the directors of the parènt eh8rilable company for the purposes of company lawl a￿ reswnsible for the preparation of the financial statements and for being satisfied that they give 8 true and fair view, and for such inlemal control a5 the trustees determine is necessary lo enable the weparalion of financial slalements that are free from material misstatement. whether due to ftaud or error. In preparing Ihe financial statements, the trustees are responsible forassessing the group and the parentcharitsble eompany's ability to conts'nue as 8 going concern. dlsclosing. as applicable. matters relaled to going concem an(J iJsing Ihe going con¢em. basis of accounting unle$s the Irustees eilhor intend lo Iwuidale the group or the parent charitable company or to cèase operations, or have no realistsc altemallve bul to do so. Audltorfs r•sponsibllities for the audlt of the flnanGlal statem•nts We have been appoinled as auditor under se¢tbn 151 of the Charities Act 2011 and report in accordance wilh regulati￿S made under section 154 of thal act. Our objectives are to obtain reawnable assuran¢e about wthelher Ihe financial stalgments as a whole are free from material misstatement. whether due to fraud or error, and to issue an auditorfs report that in¢ludes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in accordance with ISAS {UKI will always delecl a material misstalemenl when il exists. Misstalemenls can arise from fraud or error and are considered material if. individually or in the aggregate. they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial ststements. Irregularities. including fraud. are instanc8s of non-compliance with la¥¥s and regulations. We design prcKedures in line with our responsibilities. OLrtlined above, to delecl material mi5Statements in respect of irregularities, including fraud. The spectfic procedures for this as$ignmenl and the extent to V4hich our pro¢edure$ are capable of detecting irregularilies, including fraud is detailed below.. Enquiry of management around actual and potential litigation ciaims and fraud- Enquiry of management and ￿VIeW of correspondence to idenb'fy ary instances of non-compllarte laws and regulations Reviewing minutes of trustee meetings Reviewing financial stslement dis¢losure8 and testing lo supporting documentation to assess compliancg with applicable laws and regulations Performing auditwork over Ihe risk of management override of contro15, including testing of joumal entries and other adjustments for appropriateness, evaluating th8 business rat(on818 of significant transactions outside the nomial course of busines5 and reviewin9 accounting e51irnates for bias. Because of the Inhe￿nt limitations of an audiL there is a risk thatwe will not detect all irregularities. includlng those leading to a material missialement in the financial statements or non-compliance wilh regulation. Thi5 risk increases the more that Compliance with a law or regulation is removed from the events and Iransactions reflected in the financial stalemenls. as we will be less likely lo beeome aware of instances of non-compliance. The risk is 8190 greater re9ar(ling iNregul8ri1ies occuning due to fraud rather than error, a8 fraud involves intentsonal concealment. forgery. Collusion, omission or mis￿preSentation. io Re ort ofth• Inde ndent Auditor to the Trus Phoenix S orts and Recreatlon RotheTham A further de5¢riPtion of our responsibilities for the audil of the ffinancial statements 15 11)caled on the Financial Reporting Council's website at= www.fr¢.org.uklaudilorsresponsibilities. This descdption fomis part of our au(titorfs port. Use of our Report This report is made solely to the charilable company's trustees, as a body. in accordance with Part 4 ofthe Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we rnighl State to the charitable company's Iruslees those matters we are required lo stale to them in an audilorfs report and for no othor purpe)se. To the fullest extent perrnitted by law. we do not accept or assume responsibility to anyone other than the charitable company and the charitable company'5 trustees as a body. for ovr audit Wofk, for this report. or for the opinions we have fomied. LiJ Kingswcod Allotts Ltd Slatutory Auditor CharteredAccounlanl$ Sidings Court Doncasler DN4 5NU 2oZS" ltingswoodAllofts Ltd is eli•"ble lo acl as an auditor in temis ofseclion 1212 of the Cornparrias A¢1 2006. ots a d R•cr• io Roth•tham .. 11 Consolrdatod Statom•nt of Finan￿81..AGt or. ftleB' Inclu 30..S In .InGOinO ahd. Ex lil￿r 2024 Unr•8trfet•d Rutrfd•d Funds Funds 2024 2024 Total Fundg 2024 Total Funds 2023 Noto INCOME AND ENDOWMENTS FROM Donations and legacies haritable activities Other trading activilies Investments TOTAL INCOME AND ENDOYIMENTS 7,789 456,253 1.078,561 6.893 1.547.296 7,789 476,103 1,076,561 6.693 1.567.146 5,480 537,212 1.023.884 6.377 1,572,933 19.850 19,850 EXPENDITURE ON Raislng funds Charltable aclivilies TOTAL EXPENDITURE 912.820 854.508 1,767.328 912,820 874.358 1.787.178 805.760 778.184 1.583,'944 19,850 19.850 NET INCOME I (EXPENDITURE) {220,032) (220,032) 111.011) T•x payabl• 1.893 1.893 NET MOVEMENT IN FUNDS 221,924 221.924 11,011 RECONCILIATION OF FUNDS Fund baances br(￿ght forward: 23 3.437,117 3,437,117 3.448,128 Net movemenl in funds (221.924) 1221.924) (11.011) Fund balance5 carried forward 3,215,193 3.215.193 3.437.117 The noles attached form part ol these financlal slalements. Phoènlx ort• and"Racroatlo'n. Rolh•'tham . Coth numbol 09446920 12 C6n8olldat- d,a'n"a CoTri 30Se oliibér 2024. Group Company 2024 2023 Not•s 2024 2023 FIXED ASSETS Tangible Assels Investmenls 13 14 3,490,090 3,432.055 3,490,090 3,432.055 3,432.055 3,490.091 3.432,056 CURRENT ASSETS Stock Deblors Cash al bank and In hand 15 16 13.727 32,393 58,026 104.146 298,784 194,638 24.070 35,855 176,212 236.137 231,075 34,256 23.286 57.542 273.849 216,108 58,552 122,904 181.456 189.794 8.338 CREDITORS: falling duo wllhln on• y•ar NET CURRENT ASSETS I (LIABIUTIES) TOTAL ASSETS LESS CURRENT LIABILITIES 3,295.452 3,437,117 3.273.984 3.423,718 CREDITORS. falllng due after more than one yaar 17 (80.260) (80.260) NET ASSETS 3.215.192 3.437,117 3.193,724 3,423.718 FUNDS Unrestri¢tod Funds Resttlcled Funds TOTAL CHARITY FUNDS 3,215,193 3.437,117 3.193.724 3.423.718 23 3,215.193 3.437.117 3.193.724 3 423.718 For the year endlng 30 September 2024 Ihe company byas entilled to exemption from audit under section 477 of the Companie5 Acl 2006 ￿lating to small companies but as this company is a charity, it is subjeel to audit under the Chanlies Act 2011. Directors. fesponslbiliti85.: o The members have not requlred company lo obtain an audit of 115 a¢counts for the year in question in acurdarKe ith section 476.. o The dlreclors a¢knovAedge thelr ￿PonSIbl11t4eS for cOmpl￿n9 wlth the requlremenls of the Acl with respect to accounting records and Ihe preparation of accLwnls. These financial statemenls have been prepared in accordance with the special provislon$ of Part 15 of the Companies A¢1 2006 relating lo small charitable companies. The finarrcial stalemenls were apsxoved by Ihe Iruslees on and are signed on its behalf by Mr N Walkins - Truslee .hoenlLS' th•iham 13 Con801idat•d Stat•m&nt of Cah Flows 30:.Se 2024 2023 Cash flow from oporating activltl•s 82,833 81.816 Cash flow frorn inve$ting activiti•s Investment income Purchase of fixed assets Sale of fixed assets Cash used In investlng actlvltles 6,693 {38.555) 8.377 {16,636} 31,862 10.259 Cash flow frorn financlng a¢tlvltl•s Finance lease payments (3.491) Cash used In flnanclng adlvltl•s 3,491 Increas• In Cash and cash •quivalonts In lh• y•ar Cash and cash equivalents al the slart ol the year Cash and cash equivalents at the eno of the year (118.185 176.212 58,027 71,557 104,655 176.212 ¢concili on of Income and Ex r• to Cash Fl oratin Activitio 2024 2023 Net inwme l {expenditurel Depreaatlon Adjustment on dlsposal of fixed asset Investment income Change in stock Change in debtors Change in creditors 1221,924) 78.229 (11,011) 70,115 (6,693) 10.343 3.462 53.750 82.833 (6.377) {3S1) 14.153 15,287 Is of cash.and Cash E ulval•nts, 2024 2023 Cash at bank and in hand. 58.028 176.212 sh-Tiansactfons: During the year the company enered into hiTe purchase gareements in réspect of as8ols Thfjth a total capital value al the inception of the lea58 of £97.70812023-. None) "Clian D•bt LQ￿1O23 CashFlow Net cash Cash al bank and in hand 176,212 (118,1851 58,027 D•bt Hire purchase 97.708 (3.489) 94.219 14 NoteB to th• Financial Stat*m•nl8 1 STATUTORY INFORMATION Phoenix Sports and Recreation IRotheth8ml is a private Charitab￿ company, Ilmitèd by guarantee. regis18ro6 in England and Wal85. The cOmpan￿S r8gist8red number and registgrod office address Gan bg found in the reference and admlnlslrats.ve details secllon of trustees report. Ils prlnclpal a￿1Vity is the operation of a sw1$ and recAalon facility in furtheran￿ ol ils ¢harilablo obj•ets as tssted ￿ th8 R•s)ort of the Trustses. The liabllity In rosp8d of th8 9uaranlee is limited lo £10 per membor. The pres•nth'on currency Is Fth)unds slertlng and the aCcO￿ts are r￿ed to th8 nearest £1. 2 ACCOUNTING POLICIES al AGGounting Convenllon and Ba51s of Prgparing ihe Financial Stsl8menls The financial statements of the charitsble company, whSch is 8 public berdll entity under FRS 102. have been prepared in acwrdance wlh the Charities SORP {FRS 1021 Aceounting and Repoiting by Charilie5- ststemenl of Recommended Pracllce applicable lo charities preparlng Ihgir ac¢ounl$ in ac¢ordanco wth the Financial Reporting Stand8rd applicable n the UK and Republlc of Ireland IFRS 1021 (effectlvg 1 January 20191.. Financial Reporting Standard 102 The Financial Reporting Standard applicable In the UK and R¢publiG of Irgfand. and th8 Companies Ael 2006. The financial slalemenls h￿8 been prepared under thg historical cosl con¥enlS0n. bl G￿n9 Concem The Iruslees assess whether the use ofgolng concern is approprfate l.e. whether there are any malerlal uncertainties rolated to events or condib'ons that may cast doubl no the ability of the charity lo continue as a going conGem. The trusle95 make thi5 assessmenl in Tespecl of a period of at least 12 months from the dale ol authorlsation for Issue of Ihe financial slal¢ments and have ￿nClUded Ihal the eharlfy has 8(lequats T8￿Ul¢eS to continuè in operational exislence for thee forseeable fulure. In making ltte assassmènt the trustees are Conscious of the net 111￿1￿tieS in the company. However. Ihe trustees are confldefil Ihat thero ara no m81erial uncertainlies about the eompanls abilily to Conlinufj as a going ¢on¢8m. thu5 they continue lo adopl Ihe golng Concem basis of accounling in preparing the Ilnancial stalemenls. The Trustees have taken $leps to ensure th81 the group has adequate financial resour¢o lo conlinu• actwities over itte next twelve months. Notsvlihstanding the deficiency In nel ¢urrenl assets of £194.638 al the year end. the accounts have b88n prepared on the gDing concern basis. Thg charity has made investment In the year wilh th8 hope of reduclng operating Costs going fopward and have nLW turned thelr attenlon to eXpl0fv￿ opportunities to 98nerale inc￿rne. cl Grwp FlnancHI Statements These financial slalements consolidate the account$ of thè eharily and ifs subsidiary undgrtakirq. which is made up to 30 Seplember, on a Ilne by line basis. Transactions t>etween group companies are ellmlnated on consolklallon. No Slal•m•nl of Financial Acbvttios 15 presentod for the ¢harity alone. dl Fund A£counting Funds held by the charity are oithBr'. - Unreslricted general funds- these are fundg which can b¢ used In accord8n¢a with the charltable objects at the discretion of the truslees. RestrScted funds - Ihese are fvnds that can onty be use¢J for specrfic restricted purposes within the 'obJects of the tharity. Restrictsons arise when speciftad by the donor or grant making body or funds are raised for particular restrlcled purpose5. 15 Notes to the Flnanclal Statements For and ber. 2024 2 ACCOUNTING POLICIES e) Income Income is recognlsed In Ihe Statement of Financial Activities {SoFA) whèn the charty has enlillement lo the funds, any performance condilions have be8n mel, the amount can be measured reliably and il ts probable that the Income will be received. Donations are r8¢0gni$ed on a receivable basis (where Ihere a￿ no performanc8 condilionsl, where il 1$ probable that the income will be receiv8d and the amount Can be measured rdiably. Grant income Is recognised Nthen the charity has entitlement lo Ihe funds, any perfomiance conditions altached lo the grants have been mel, it Is probable Ihat the income wll be received and the amount can be measured reliably. Membership generally runs to 30 September. Golf membership runs lo 28 February. Income from the various memberships is recognised in the period lo thlch 11 ￿lates. Admissions, plawng fees and tr8ding incorne is recognised when goods or sèrvicés hav8 bean supplied and enlillement 1$ due. Interesl income is ￿cOgniSed on an accruals basis. f) Donated Goods. FaThlilie$ and Services Goods donated for resale are included al fair value, being the expected proceed8 from sate less the expected costs of sale. Where the donaled g)od 1$ a fixed asset it is measured al fair value unless il is impracllcal to Measu￿ this reliabty, in which case the cost of Ihe ilem lo the donor is used. The gain is recognised as income from donations and a corresponding amount is in¢luded in the appropriate fixed asset category and depreciated over the useful econornic lrfe in ac￿rdanCe wilh the charftys accounltng policies. gl Resources Expended Expenditure is recognised where there is a legal or ¢on$truclive obligation committlng the charlty to that expenditure. it is probable that a transfer of economic benefits will be reouired for Selllemenl and the amount of the obligation can be measured reliably. Expenditure is accounted for un an a¢cruals basis and has been Categorised under héadings that aggregate all costs related lo the calegory. Where costs cannot be dI￿GIlY attributed to particular headings Ihey ha¥e been allocated lo activilies on a basis conslslenl wilh the use of resources. Expenditure is ￿tegOr[Sed under the following headin95.' . Costs of olher trading acliwties indudes the costs of the charitys fuThJraising activrtie5 and the group's non.000 2.032,225 195,096 4,000 55,951 3,873.272 132,263 136,263 1,590,000 2.-032.225 199,098 188,214 4,IYJ9.535 DEPRECIATION At 1 October 2023 Charge for year Eliminated on disposal At 30 September 2024 306,999 45,810 102.234 18,082 31,984 14.537 441.217 78.229 352.609 120.316 48,521 519.446 NET BOOK VALUE At 30 September 2024 At 30 September 2023 1.590.000 1.679.616 78.780 141.693 3.490,089 1.590,000 , 25.226 3.432.055 2.86 14 INVESTMENTS Group 2024 Company 2024 2023 2023 Sthves in subsldiar￿S at cos¢ Al 1 October 2023 Additsons AI 30 September 2024 The charity owns Ihe entire ordinary share capital of Phoenix Pavilion Limited, a compary registered in England and Wales {eompany number 09738674). The $ub5idiOry operates the trading activities prevlou91y a88ociated wllh the Phoenix Sports and Social Club. Brinsworth, Rotherham. The fosults of the company are included wtthin these consolidated Ilnancial slalemenl3 on a line by line basi5 in the appropriate income and expendrture headings. .hoerilAS ation,. 22 otss lo th Finan¢lal Stal•m8 14 INVESTMENTS (conllnu•d) A summary of the subsldiar￿S trading resulls is shown below. 2024 2023 Tumo¥er Cost of sales Gross profil Grants Admlnlstrative expenses 1,062,528 484.642 577,886 1,004,543 423,113 581.430 n0ft￿r￿p group Interest ￿ceiVed and other income Net (lossyproflt for the year 1420.378) (370.922) {147.583) 1144,122) 17 9.962 66,397 Relalned earnlny Ixwghl for¥rdrd Glft Aid distribution Tax on profil Retained earnings carried forward 13.401 {52,998) 1.893 21.470 13.401 NoTrgroup expendiluie abo¥8 Cost of sales Adminislralive expenses {484.6421 (423.113) 370.922. Assets Llabilitie8 Nel assets 61,321 39.851 21.471 94.499 81.097 13,402 Called up share capilal Profit and loss account 21,470 21.471 13.401 13,402 - 15 STOCKS Group 2024 Company 2024 2023 2023 Goods for resa 13.727 .24,070 13,727 - 24.070 ilhoenlx S rts an ,R•cr• 23 Notes to tho Fi anclal Statements ar.:ended,.30' tembor..2024. 16 DEBTORS Group 2024 Company 2024 2023 2023 Trade debtors Amount owed by subsidlary other debtors Prepayments and accrued In￿rne 1.358 14.715 19,542 39,818 1.931 18,805 58.552 20.177 12.216 32,393 1,931 32.568 35,855 ' 34,256 17 CREDITORS (Amounts falling du• wtthln one year) Group 2024 Company 2024 2023 2023 Trade creditors Amount due lo subsidiary Social se¢urity and olher lax (Xher creditors Accruals Deferred I￿orne HP Balancè 41,894 41,408 2e,928 19,089 63,594 9.322 59,106 28,095 1.783 69.657 90.132 61,701 9,322 56.106 105,634 13.959 273.649 27,942 1,783 60,838 80,142 13.959 298.784 231 075 189,794 CREDITORS (Amounts falllng duo after more ihan one y•ar) Group 2024 Company 2024 2023 2023 Hire purchase contracts (see note 19> 80.260 80,260 80.260 80.260 18 DEFERRED INCOME Group 2024 Company 2024 2023 2023 Balance brought forward InGome ￿ceived Income released lo SOFA Balance carried f¢nvard 90.132 110,911 90,132 110911 74,865 90,132 74,865 90.132 80,142 105.634 80.142 105.634 80,142 58,394 80.142 Deferred income relates lo membership fees received in advance and olher Income where enlillement is nol due until the next perlod. Ph nlx.'S' orts'•n¢fr. r•4tlon stol For.th• nts. .20 19 LEASING AGREEMENTS nimum lease payments on hire purchase contracts fall duo a6 follm 2024 2023 Net obligations repayable-. Within ono year Between one and five years More Ihan five sears 13,959 55,833 24.427 94,219 The hify purrh•s0 contracts are secured on the assets ¢on¢emed. 20 CONTINGENT LIABILITIES 2024 2023 Conliryenl liabililies 21 PENSION COSTS The company makes payments on behalf of employees to the B&CE benefit sehome. 11 1$ a fvnded d•fined contribution scheme, with Ihe assets held in separate truste8-admini51ered funds. 22 RESULTS OF PARENT CHARITY 2024 2023 Inwme Expendltu Increase l (Dee￿aSe) in fund$ Tolal fund$ brought lo￿ard Tolal funds Car￿ed forward 652,164 882.158 1229.994} 3.423.718 3.193.724 1.007.239 1.084.649 177.4101 3.501.128 3.423,718 Reslrlcted funds Unrestricted funds 3.193,724 3.193,724 3.423.718 3,423,718 .and RerJeatlon Roth•rham 25 Notè8 to t For thq e Finan¢1 I Statamen "t•mber..2024.. 23 MOVEMENTS IN FUNDS Oyning Balance In￿rnIng Outgolng R¢sourc•s ResouK Transfers a Gain8llosB C108ing B•lan Unr•strlcled funds General funds Restrlcted funds General funds 3,437,117 1,547,296 (1.76g,221) 3,215.193 19.850 (19,8SO) Tolal funds 3.437.117 1.567,146. 1,789.071 3.215,193 Unreslricled funds are the retained surpluses of the group and arè availabl8 lo be used lor any purpose speCif￿d within the trust's objectives and are the only funds that are available for use al the discretK)n of the truslees. Restricted funds represent unspènt balances on grants re¢eiYed for specific projects. Th8 restrictions are generally imposed by the funding body and often indude the type of expenditure allowed or a specir activity or purpose to b8 SUPPOrted. 24 ANALYSIS OF ASSETS AND LIABILITIES BETWEEN FUNDS Fund balances at 30 Seplembef 2024 are répresented by R•8trictod Fund8 Unrutrldad Funds Total Group Tangible fixed assets Currenl assets Credilors due within one yaaf Credilors due after one ￿ar Net assets 3,490,090 3.490,0 104.146 104.146 1298,784) {298.7841 3.215.192- 3,215,192 R•8trldod Fund8 Unmtricl•d Funds Total Company Tangible fixed ass8ts Investments Current assets Credilors due within OK yeaf Creditors due after one year Net assets 3.490.090 3,490,090 57.542 (273.649) 80.260 3 193.724 57.542 (273.649) 80,260 3.193.724 Phoenlx S rt8 and R•creallon Roth•rham :. 26 Notes to th• Finanelal Statements 30 ornb•r',202' . 24 ANALYSIS OF ASSETS AND LIABIUTIES BETWEEN FUNDS (CONTINUED) Fund balances at 30 Seplemb8r 2023 are represented by Rutrlcted Unre9trlctod Funds Funds Total Group Tangible fixed ass81s Current assets Creditors due within or* year Net assets 3,432,055 236.137 23.1.075 3.437.117 3,432,055 236,137 . 231.075 3.437.117 R•8trict¢d Unr•slriet•d Fund8 Funds Tolal Cornpany Tangible r￿ed assets Investments Cuffenl assets Creditors due wthin one ￿ar Nel assets 3,432,055 3.432.055 181,456 189.794 3.423.718 181.456 189,794 3.423.718 26 RELATED PARTY DISCLOSURES There were no related party transacllons during the Jear {2023'. nil) T¥￿ of Ihe trustees are related lo 8rinsworth Whitehill JFC, one as ChaKman and one as Yoluttteer coach. The Charity rents foolball pitches lo the football dub under an arrangement which has.been in place for several years and which pre4ale5 the appointment of the trustees. The club is charged a commercial rent and neither trustee 1$ involved in discussions nor negoliations regarding transactions with the f¢)otball club and receives no personal advantage from the arrang8ment. Income received during the JEar lolalled £50,398 {2023- £24.4641 B Watkins, son of N Watkins. the Chair of trustees, is employed by the charity a5 Business Manager. Walkin's appointment was made in open competilion and N Watkins was not involved in the decision making process regarding the appoinlm8nl. B Walkins is paid within the normal market condition5 lor his role and received no special treatment as a result of his relationship to 8 member of Ihe board of trustees. 26 OPERATING LEASES The Company has lulure mlnlmum lease payments under norKancellabl8 leases as follo￿￿..- 2024 2023 Within one year Equipment 52,814 45,501 2-5years Equipment 139,547 137,518 More than 5 years Equipment