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2025-03-31-accounts

REGISTERED CHARITY NUMBER: 1171574

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR THE WALLINGFORD SPORTS TRUST

Page
Report of the Trustees 1 to 4
Report of the Independent Examiner 5
Statement of Financial Activities 6
Balance Sheet 7
Statement of Cash Flows 8
Notes to the Financial Statements 9 to 13

THE WALLINGFORD SPORTS TRUST

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

The Trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1171574

Principal address Wallingford Sports Park Hithercroft Road Wallingford Oxfordshire OX10 9RB

Trustees

Nominated Ms S Leigh (Resigned 25[th] June 2025) Ms B Guiver Mr A Aldred Mr P Abery Mr A Beasley Mr K Rawlingson Mr A Bucknell Mr J Kirkpatrick Mrs V C Satchwell (Appointed 25[th] June 2025)

Elected

Mr J Pebworth Mr J Atkins Mr N Hughes Mrs N House Ms S Abrey Mr M Hoare

Independent Examiner

Jane Shaw BA(Hons) ACA

Bank

Barclays Bank plc

1

THE WALLINGFORD SPORTS TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STRucfuRE. GOVERNANCE AND MANAGEMENT Governlng document The charity is a Charttable Incorporated Organi5ation ICIOI controlled by it5 constitution. Management The W3llingford Sports Tnjst Iyrusi") is managed by the Board of Trusiees consisting of representatives from each of the associated clubs l-Nominated Trustee") plus a minority of elected trustees l-Elected Tiustees") drawn from the wider community- The number of Nominated Tiustees must be always gieater than Elected Trustees. This structure enSu￿S that the priority is to facilitate club activities, but this is balanced by usin8 the f3¢ilities for other local community activities. The Board of Trustees met 5 times during the year to 31 March 2025. The Trustees identify and ￿VIeW all major risks using a formal risk register to ensure all reasonable steps are taken to mitigate the risks identified. PUBLIC BENEFIT As set out in the objectives below. the Trust exists to provide facilities for sport at the Wallingford Sports Park. In addition to the formal sport provided by the associated clubs Wallingford Sports Park has become a hub for the community with residents using the pavilion as a place to meet. The facilities are also used for local community activr¢ies such as local groups. clubs and schools hiring the All Weather Pitch I"AWP"13nd indoor hall. The sports park also normally hosts Bunkfest camping and the Wallingford Car Rallv. OBJECTIVES AND ACTIVITIES The objectives of The Wallingford Sports Trust are to enable the sports clubs, who are its component members, to provide sporting and recreation facilities for the inhabitants of the Wallingford and South Oxfordshire area and to encourage the use of the facilities provided by all age groups. During the year the sports provided by the associated clubs are Rugby, Petanque, Football, Tennis, Squash, Skittles, Hockey and Archery. Of the 2200 playing members of the clubs, over half are junior5. The Trust also own5 and manage5 Wallingford Sports and Social Club Ltd I'W55C'I through a committee selected by and reporting to the Trustees. Any distributable profit5 made by WSSC are paid to the Wallingford Sports Trust under the gift aid scheme and are used to improve the sporting facilities provided. ACHIEVEMENT AND PERFORMANCE In 2024125 the Trust continued to meet its charitable objectives, delNer on its financial projections and remain a key part of ihe sporting communrty. The focus for 2024125 has been the development of the Sports Park with funding secured for the replacement of the All-weather Pttch and the enhancement of the surrounding area.

THE WALLINGFORD SPORTS TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 FINANCIAL REVIEW The value of the Trust'5 funds increased by £ 22,443 during the year to 31 March 2025 as set out in note 13 of the accounts. The Trust'5 aim is to maintain a level of unrestrirted re5eTves equating to at least 3 month5 of expenditure. The Trustees consider that this level will provide sufficient funds to meet the Trust's operational expenditure and to provide contingency against unforeseen expenditure. The balance held as unrestricted funds on 31 March was £447.69412024.. £439.1101 of which £211.29812024.. £191,825) are regarded as free reserves, after allowing for funds tied up in tangible fixed assets. The principal objective of the Wallingford Sports and Sotial Club Ltd IWSSCI is to 8enerate funds to help the Trust provide the facilities for the playing of sport. The charity has now invested £55,980 in its subsidiary and made a loan of £52,000. This loan is secured on the assets of the company 1£70.230 as at 31 March 20251. ￿ a result of the efforts of the Sports Park manager in promoting the facilities at the sports park. WSSC'S income has significantly improved to higher than pre covld levels and the Trust remains satisfied that Wallingford Sports and Social Club Ltd will be able to repay the loan from r(s projected profits and that the investment in the trading subsidiary is an appropriate investment of the Trust's resources. FUTURE DEVELOPMENTS The Trust has a long-term vision to create a community-centred, multi-sport hub that promotes physical and mental well-being and strengthens the social infrastructure of Wallingford and the surrounding areas. To achieve this. the Trust has developed a comprehensive plan to improve facilities and enhance both accessibility and capacity. This includes the installation of new artificial grass pitches, upgrades to existing grass pitches. and the introduction of new sports opportunities. Alongside these improvements, the plan also addresses key infrastructure challenges such as flooding and drainage and parking and pedestrianlcycle access improvements and includes a thorough assessment of the environmental, neighbourhood, and archaeological impacts of the proposed changes. STATEMENT OF TRUSTEES RESPONSIBILITIES The Trustees are responsible for prepaiing a Trustee's annual report and the financial Statements in accordance with applicable law and United Kingdom Accounting Standards Iuniled Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the Tru5tee5 to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitv and of the incoming resources and application of resources of the charity for that period. In preparing the financial stalementS, the Trustees are required to.. Select Suitable accounling policie5 and then apply them consistenlty,. o Observe the method5 and principle5 in the applicable Charities SORP. o Make judgements and estimates that are reasonable and prudent,. 0 State whether applicable accounting 5tandard5 have been followed, Subject to any material departures that must be disclosed and explained in the financial 51atements,' o Prepare the financial statements on the going Concern ba515 unless it 15 inappropriate to presume that the charity will continue in business.

THE WALLINGFORD SPORTS TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The Trustee5 are re5pon5ible for keeping proper accounting records which disclose wtth reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statement5 comply with the Charities 2011, the applicable Charities (Account5 and Report51 Regulation5, and the provisions of the governing document. They are a150 responsible for safeguarding the assets of the charity and hence for takin8 reasonable Steps for the prevention and detection of fraud and other irregularitie5. The Trustees are responsible forthe maintenance and integrity of the charity and financial information included on the charity's website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements. Approved by the trustees on 29th September 2025 and slgned on thelr behalf by: john Atkins- Trustee

THE WALLINGFORD SPORTS TRUST INDEPENDEwf EXAMINER'S REPORTTOTHE TRUSTEES OF THE WALLINGFORI) SPORTS TRLIST FOR THE YEAR ENDED 31 MARCH 202) I report to the trustees on my eyamination of the accourrts of the Trust for the year ended 31 March 2025. Responslbllltles and basls of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (The Act'l. I report in respect of my examination of the Trusys accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given bv the Charity Commission under section 145lSllbl of the Act. Independent examlnerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 111 Atcounting recoT(Js were not kept in respect of the Trust as required by section 130 of the Art,. or 121 The accounts (Jo not Jccord with those records. or 131 The accounts do not comply with the applicable requirements toncerning the form and content of accounts set out in the Chorities (Accounts and Reports) Regulations 2008 other than any requirement that the account$ give a 'true and fair view which is not a matter considere(J as part of an independent examination. I have no concerns and have come across no matters In connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Jane Shaw 3 Hithercroft Cottages Hithercroft Wallingford OXON OXIO 9ES Date- IO, September 2025

THE WALLINGFORD SPORTS TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025

----- Start of picture text -----
2025 2024
Unrestricted Restricted Total Total
Funds Funds Funds Funds
Notes £ £ £ £
INCOME FROM:
Donations and grants 2 3,870 48,035 51,905 185,171
Charitable activities 3 176,556 0 176,556 171,658
Other trading activities 4 40,057 0 40,057 37,785
Investment income 5 6,140 0 6,140 5,292
TOTAL 226,623 48,035 274,658 399,905
EXPENDITURE ON: `
Charitable activities 6 207,134 45,081 252,215 213,164
TOTAL 207,134 45,081 252,215 213,164
NET INCOME/(EXPENDITURE) 19,489 2,955 22,443 186,742
TRANSFER BETWEEN FUNDS 13 (10,905) 10,905 0 0
NET MOVEMENT IN FUNDS 8,584 13,860 22,443 186,742
RECONCILIATION OF FUNDS
Total funds brought forward 13 439,110 784,912 1,224,022 1,037,280
TOTAL FUNDS CARRIED FORWARD 447,694 798,772 1,246,465 1,224,022
----- End of picture text -----

6

THE WALLINGFORD SPORTS TRUST

BALANCE SHEET AT 31ST MARCH 2025

----- Start of picture text -----
2025 2024
Total Total
Funds Funds
Notes £ £
FIXED ASSETS :
Tangible assets 8 847,611 850,713
Investments 9 107,980 117,980
TOTAL FIXED ASSETS 955,591 968,692
CURRENT ASSETS:
Debtors 10 37,926 50,808
Cash at bank and in hand 302,018 238,961
TOTAL CURRENT ASSETS 339,944 289,770
LIABILITIES:
Creditors : Amounts falling due within one year 11 49,070 34,440
NET CURRENT ASSETS/(LIABILITIES) 290,875 255,330
TOTAL ASSETS LESS CURRENT LIABILITIES 1,246,465 1,224,022
Creditors: Amounts falling due after one year 0 0
NET ASSETS 1,246,465 1,224,022
THE FUNDS OF THE CHARITY
Unrestricted funds 13 447,694 439,110
Restricted funds 13 798,772 784,912
TOTAL CHARITY FUNDS 1,246,465 1,224,022
----- End of picture text -----

For the year ended 31 March 2025 the charity was entitled to exemption from audit under section 145 of the Charities Act 2011.

Trustee responsibilities :

These financial statements were approved by the members and authorised for issue on 29th September 2025 and are signed on their behalf by:

John Atkins Trustee

7

THE WALLINGFORD SPORTS TRUST

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST MARCH 2025

----- Start of picture text -----
2025 2024
Total Total
Funds Funds
Notes £ £
CASH FLOWS FROM OPERATING ACTIVITIES:
NET CASH PROVIDED BY OPERATING ACTIVITIES 16 92,738 229,889
Cash flows from investing activities :
Loan repayment from subsidiary 10,000 0
Purchase of fixed assets (39,681) (121,413)
Proceeds from sale of fixed assets 0 0
NET CASH USED IN INVESTING ACTIVITIES (29,681) (121,413)
CHANGE IN CASH AND CASH EQUIVALENTS IN THE YEAR 63,057 108,476
Cash and cash equivalents brought forward 238,961 130,486
CASH AND CASH EQUIVALENTS CARRIED FORWARD 302,018 238,961
----- End of picture text -----

8

THE WALLINGFORD SPORTS TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

1 ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention, the Charities Act 2011 and the requirements of the Statement of Recommended Practice : Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014 (FRS102).

Charitable trading

Charitable trading income represents the total amount received for AWP and pitch hire in respect of sporting and recreational facilities.

Donations

Donations represents amounts received from the associated clubs together with any miscellaneous donations received.

Grant Income

Grant Income is recognised at it is received.

Fundraising events

Fundraising events represents amounts received from events organised by the Trust to raise funds for charitable purposes.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Irrecoverable VAT

All resources expended or capitalised are classified under appropriate activity headings. Irrecoverable VAT is charged against the category or resources expended or capitalised for which it was incurred.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life

Leasehold Buildings & improvements Straight line 2% Fixtures and fittings Straight line 10%
Toilet refurbishment Straight line 10% Multi-Sport Straight line 10%
All Weather Pitch & lights Straight line 10% Squash roof Straight line 5%
Plant and Machinery Straight line 10% Solar panels Straight line 7%
Computer Equipment Straight line 33%

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees.

Designated funds are those which the Trustees have set aside out of unrestricted general funds for specific future purposes or projects.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when the funds are raised for a specific restricted purpose.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the statement of financial activities on a straight line basis over the period of the lease.

9

2 DONATIONS AND GRANTS

Donations:
Miscellaneous
Gift aided profits from subsidiary
Grants :
National Lottery community fund
SODC & ODC
Sport England
Active Oxfordshire
Merkur
Town council
FCC
3 INCOME FROM CHARITABLE ACTIVITIES
Club Contributions
Promotion of sport and recreation
AWP Bookings
Promotion of sport and recreation
Other sports bookings
Promotion of sport and recreation
4 OTHER TRADING ACTIVITIES
Car parking
Camping
Income for supply of services to subsidiary
Other		 Unrestricted
Restricted
2025
£
£
£
3,870
0
3,870
0
0
0
0
0
0
0
47,035
47,035
0
0
0
0
0
0
0
1,000
1,000
0
0
0
0
0
0
3,870
48,035
51,905
Unrestricted
Restricted
2025
£
£
£
39,530
0
39,530
52,988
0
52,988
84,039
0
84,039
176,556
0
176,556
Unrestricted
Restricted
2025
£
£
£
2,717
0
2,717
15,183
0
15,183
18,237
0
18,237
3,920
0
3,920
40,057
0
40,057		 2024
£
10,553
0
85,250
0
990
0
12,000
76,378
185,171
2024
£
30,267
59,683
81,708
171,658
2024
£
6,975
11,712
18,216
882
37,785

The wholly owned trading subsidiary Wallingford Sports and Social Club Ltd ( company no. 10654339) pays all of its profits to the charity under the gift aid scheme. Wallingford Sports and Social Club Ltd has been formed for the purpose of running the bar and function rooms at the Sports Park.

5 INVESTMENT INCOME

Interest
6 CHARITABLE ACTIVITIES COSTS
Wages & Salaries
Repairs & maintenance
Utilities
Insurance
Depreciation
Rent
Professional fees
Other
Total
7 EMPLOYEE & TRUSTEE REMUNERATION
Wages and Salaries
Social Security Costs
Pension Contributions		 Unrestricted
Restricted
2025
£
£
£
6,140
0
6,140
2025
Unrestricted
Restricted
Total
£
£
£
67,256
67,256
59,937
5,950
65,887
24,664
24,664
20,246
20,246
5,782
37,001
42,783
1,575
1,575
17,462
17,462
10,212
2,130
12,342
207,134
45,081
252,215
2025
£
62,346
3,771
1,139
67,256		 2024
£
5,292
2024
Total
£
62,817
44,777
28,722
17,405
40,819
1,575
17,049
213,164
2024
£
59,650
2,076
1,091
62,817

No employees had emoluments in excess of £60,000.

The average number of full-time equivalent employees during the year was 1.5. (2024:1.5)

Trustees' remuneration, benefits and expenses

There were no Trustees' remuneration or other benefits or expenses paid for the year ended 31 March 2025 ( 2024: NIL) .

10

8 TANGIBLE FIXED ASSETS

----- Start of picture text -----
Freehold Leasehold All Weather Plant and Fixtures and Computer Kitchen Multi- Sport Squash Roof Totals
Land buildings Pitch machinery Fittings equipment refurbishment
£ £ £ £ £ £ £ £ £ £
COST
Bfwd on 1st April 2024 0 974,598 225,990 13,820 5,303 1,187 29,085 68,927 39,284 1,358,193
Additions 1,560 23,545 0 14,577 0 0 0 0 0 39,681
Disposals 0 0 0 0 0 0 0 0 0 0
At 31st March 2025 1,560 998,142 225,990 28,396 5,303 1,187 29,085 68,927 39,284 1,397,874
DEPRECIATION
Bfwd on 1st April 2024 0 225,753 198,798 11,238 5,067 1,187 17,105 38,511 9,821 507,480
Charge for year 0 24,779 3,399 2,840 0 0 2,909 6,893 1,964 42,783
Eliminated on disposal 0 0 0 0 0 0 0 0 0 0
At 31st March 2025 0 250,532 202,197 14,077 5,067 1,187 20,014 45,404 11,785 550,263
NET BOOK VALUE
At 31st March 2025 1,560 747,610 23,793 14,319 236 0 9,072 23,523 27,499 847,611
2025 2024
£ £
Investment in Wallingford Sports and Social Club Ltd 55,980 55,980
Loan to subsidiary company 52,000 62,000
107,980 117,980
----- End of picture text -----

9 INVESTMENT

The loan to Wallingford Sports and Social Club Ltd is secured by a fixed and floating charge over the company's assets.

10 DEBTORS

Due within one year
Trade debtors
Prepayments
Amounts owed from subsidiary undertakings
11 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Accruals
Deferred income
VAT
Other creditors
12 OPERATING LEASES
The total minimum lease payments under non-cancellable leases for the following periods
Not later than one year
Later than one year but not later than five years
Later than five years		 2025
£
10,361
11,333
16,232
37,926
2025
£
2,469
25,468
8,209
11,313
1,612
49,070
2025
£
15,500
77,500
294,500
387,500		 2024
£
13,962
13,376
23,470
50,808
2024
£
5,529
16,084
7,113
4,524
1,190
34,440
2024
£
1,550
7,750
31,000
40,300

On 28 November 2007, the lease for the land from which the Trust operates the sports park was signed by the Trustees and South Oxfordshire District Council. The renewed lease terms were effective from 1 June 2007 for a period of 30 years. On 13th May 2015 the lease was extended by 12 years to mature on 31st May 2049. The market rate set was discounted by 90% for the first 7 years and was extended by a further 7 years on 1st June 2014. Since the expiry (on the 1st June 2021 ) of the extended period of discount the Trust has been in discussions with South Oxfordshire District Council over the rent. These discussions have unfortunately not reached a conclusion at the time of signing the accounts. For the purposes of these accounts it has been assumed that the current rent without the associated discount will continue for the period of the lease.

11

13 MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Leasehold Premises
AWP
Changing Rooms
Kitchen refurbishment
Squash
Multi Sport
Pavilion development
AWP lights
Promotion of physical activity (Including Active Oxfordshire)
Solar panels
TOTAL FUNDS
Net movement in funds, included in above are as follows:
Unrestricted funds
General fund
Restricted funds
Leasehold Premises
AWP
Changing Rooms
Kitchen refurbishment
Squash
Multi Sport
Pavilion development
AWP lights
Promotion of physical activity (Including Active Oxfordshire)
Solar panels		 Opening
£
439,110
111,860
68,698
334,904
9,588
30,179
29,151
90,502
38,202
166
71,661
784,912
1,224,022		 Net Movt in
Funds
£
19,489
(3,600)
0
(8,396)
(2,909)
(1,964)
(6,893)
37,350
(5,099)
(140)
(5,394)
2,955
22,443
Incoming
resources
£
226,623
0
0
0
0
0
0
46,045
0
1,990
0
274,658		 Fund
Transfers
£
(10,905)
10,905
0
0
0
10,905
0
Resources
expended
£
207,134
3,600
0
8,396
2,909
1,964
6,893
8,696
5,099
2,130
5,394
252,215		 At 31.03.25
£
447,694
108,260
79,603
326,508
6,680
28,215
22,258
127,852
33,103
26
66,267
798,772
1,246,465
Movement
in funds
£
19,489
(3,600)
0
(8,396)
(2,909)
(1,964)
(6,893)
37,350
(5,099)
(140)
(5,394)
22,443

Purposes of restricted funds

Leasehold Premises - This fund primarily relates to an extension built onto The Pavilion in the year ended 31 March 2002 by Linden Homes for the ABM Skittles Club but also includes subsequent improvements which have been funded by grants.

ABM Skittles Club extension - As part of Section106 Planning Order, Linden Homes were obliged to provide the ABM Skittles Club with a new bowling alley in exchange for the previous club house which was demolished as part of a residential building project. Wallingford Sports Trust volunteered this on their land. The fund will reduce each year as depreciation is charged against the building.

AWP Pitch Replacement - This fund relates to recent donations and associated gift aid for the future replacement of the all weather pitch surface. Changing rooms - This fund relates to grants received from SODC, WREN, Sport England and the RFU for the replacement of the changing rooms. The fund will reduce each year as depreciation is charged against the building.

Kitchen refurbishment - Relates to funds received from WREN to refurbish the kitchen to improve the facilities. The fund will reduce as depreciation is charged against the facilities.

Squash - The Squash funding comes from a Section 106 agreement for a housing development on the old Habitat site at Moreton Avenue, Hithercroft Industrial Estate, which was designated for improving indoor sports facilities serving the (housing) site. It funded two new roofs and refurbished showers to the squash courts. The fund will reduce as depreciation is charged against the facilities.

Multi Sport - The multisport project was a grouping of 3 individual projects covering a new car park for 50 cars on the Jubilee Field, the upgrading of the existing main football pitch lights to Hellenic League standard plus installation of separate training lights and the installation of a new tennis pavilion to replace the old one damaged in the 2014 floods. It was funded 50% by an SODC Community Grant with the remainder coming from a Football Foundation grant, the Tennis Club itself and other smaller donations.

Pavilion development - This fund is for the development of the main pavilion which is being improved with the aim of making the space more functional, accessible and welcoming for the community and users of the facility. Income includes grants from Section 106 agreement , Rural England Prosperity Fund and FCC .

AWP Lights - Fund for the replacement of the AWP lights to LED bulbs to improve energy efficiency . Funding from a Section 106 agreement .

Promotion of physical activity - Funds received as Active Oxfordshire's delivery partner as part of Sport England's Together fund promoting physical activity, reducing health inequalities, and improving community wellbeing across Oxfordshire by targeting lower socio economic groups. Along with further grants from Merkur for similar purposes.

Solar panels - A fund created from grants recevied from the National Lottery Community fund and Westmill Solar Co-operative to install solar panels and battery to improve energy efficiency.

12

14 ANALYSIS OF NET ASSETS BETWEEN FUNDS

ALYSIS OF NET ASSETS BETWEEN FUNDS
2025 2024
Unrestricted Restricted Total Unrestricted Restricted Total
£ £ £ £ £ £
Fixed Assets 236,396 719,195 955,590 247,285 721,407 968,692
Current Assets 260,368 79,577 339,944 226,265 63,505 289,770
Creditors: Due within one year (49,070) (49,070) (34,440) (34,440)
447,694 798,772 1,246,465 439,110 784,912 1,224,022
RELATED PARTY DISCLOSURES
The charity was controlled throughout the current period by the Trustees collectively.
A summary of the key related party debtor(creditor) balances as at 31 March is shown below:
Hithercroft Squash Club 2025
£
(218)		 2024
£
434
Wallingford Hockey Club 3,651 3,790
ABM Skittles Club 0 3,300
Wallingford & Crowmarsh Football Club 1,035 733
Petanque Wallingford 3 10
Wallingford Rugby Club Ltd 51 51
Portcullis Tennis Club 1,028 1,032
The following related party transactions occurred during the reporting period :
Related Party Nature of relationship Nature of transaction £
Wallingford Sports & Social Club Ltd Trading subsidiary Receipt of management services recharges 18,237
Wallingford Sports & Social Club Ltd Trading subsidiary Receipt for loan interest charges 3,635
Wallingford Castle Archers Constituent Club Receipt of club contribution 3,300
Wallingford Rugby Club Ltd Constituent Club Receipt of club contribution 1,532
Wallingford Rugby Club Ltd Constituent Club Receipt for electricity charges 105
Portcullis Tennis Club Constituent Club Receipt of club contribution 3,300
Portcullis Tennis Club Constituent Club Receipt for electricity charges 1,962
Hithercroft Squash Club Constituent Club Receipt of club contribution 18,197
Hithercroft Squash Club Constituent Club Receipt for electricity charges 606
Wallingford Hockey Club Constituent Club Receipt of club contribution 3,300
Wallingford Hockey Club Constituent Club Receipt of pitch hire fees 24,574
Wallingford & Crowmarsh Football Club Constituent Club Receipt of club contribution 3,300
Wallingford & Crowmarsh Football Club Constituent Club Receipt for electricity charges 1,470
Wallingford & Crowmarsh Football Club Constituent Club Payments for pitch maintenance (24,000)
ABM Skittles Club Constituent Club Receipt of club contribution 3,300
Petanque Wallingford Constituent Club Receipt of club contribution 3,300
Petanque Wallingford Constituent Club Receipt for electricity charges 2

15 RELATED PARTY DISCLOSURES

16 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Adjustments for :
Depreciation charges
Loss on sale of fixed assets
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash provided by operating activities
Net income/(expenditure) for the year		 2025
Total
Funds
£
22,443
42,783
0
12,882
14,630
92,738		 2024
Total
Funds
£
186,742
40,819
0
3,216
(887)
229,889

17 CAPITAL COMMITMENTS

The charity had no capital commitments as at 31 March 2025 ( 2024:NIL)

13