Charlty registratlon number 1173891 (England and Walas) BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED LEGALAND ADMINISTRATIVE INFORMATION Trustees M8 A Wlnstanley Ms C Wlnston Mr J Brook8 Ms M Dolan Ms B Monaghan Ms A Brooks Mr J Royal 8onlor manag•mont Mr Davld Holden-Locke Charlty numbor (England and Walos) Prlnclpal addre•• 1173891 Gr8enbam Way Blackrod Bolton BL6 5TG IndOndont oxamlnor D G Wln8ton FCCA CRBH LTD 7 Bolton Road Ashton In Makerfield Wlgan WN4 8AA
BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED CONTENTS Page Chalrper80n's Statement Tru8te88 report Stat8m8nt of Tru8teeB re8pon81bllltl88 Indapendent examlnerf8 report Statement of flnanclal acllvStle8 Balance sheet Notes to the flnanclal 8latement6 9-16
BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED CHAIRPERSON'S STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 It give8 me great pride to present th18 Chalr'8 Report for the year endlng 31 March 2025. Over the past y88r, Blackrod Sports and Communlty Centr8 has continued to grow In strength and reach. What began as a small communlty-led éffort back In 201718 now a w811-est8bllsh8d and respected charfty, provldlng vltal 88rvlce8 and actlvltles for thousands of local people each month. Our Centre18 now welcomlng over 8,500 vlslts per month aGro8s a wid8 range of funded and prfvately run actlvltles. E8ch week. we provlde 36 frae $8ssion8 SUPPOrted by our funders. ranglng from fitness and wellbeing classe8 to youth provlsion. warm spaces actlvltl88. mlndfulne88, art8, and famlly support. Alongslde thls. we host an equally Strong programme of pald and volunteer-led sesslons. We are al80 proud to have funded wlder communlty gvent8 Such 88 summer meals for older resident8, Seasonal youth actlvltl8S, and festlve gfft glv8aways that reach hundr8dg of local famlll88. Flnanclally, we have ramained on a 88cur8 footlng. Slnce our formation, we hav8 Inv98t8d over £777.000 back Into the local economy. Including more than £170,000 on repalr8 and malntenance of th18 agelng but much-Iov8d buildlng. Whlle the lack of a long-t8rm1oase h88 prev8nted u8 from unlo¢klng some major capltal opportunltle8 Including signlficant energy efflclency and 8POrts developm8nt grants we hav8 neverthe1888 SU8talned and expanded our offer through careful financial management and contlnued 8UCC888 In 8ecurfng revenue grants. Looklng ahead, our vislon is clear. We want lo move from belng 8lmply managers of a bulldlng to balng recogn188d as a provlder of hlgh-quallty, Incluslve programme8 that meet communlty need. None of th18 would be p088Ibl8 wlthout the commltment of our dedlcated Staff team. volunte8r8. tru8tee8, and 8UPPOrters. Thelr pa88lon, expert188, and det8rmlnatlon kegp thls Centr8 vlbrant and welcomlng, even In the face ol ongolng 80cial and economlc chall8ng8s.The Tru8te8s wish to pl8ce on record their sincere thanks to David Holden- Locke, our Chlef Executlve, for hls 8xc8Ptlonal hard work and leadershlp In managing the charlly and securlng the grant fundlng that makes all of our 8Ctlvltles posslble. Davld's dedlcatlon and ablllty to navlgate complex fundlng 18ndscape8 have ansud the contlnu8d success. 8UStalnablllly and exp8n8lon of our progr8mmes, and hls contrlbullon18 deeply valuèd by th8 Board and communlty allke. In closlng, I would Ilke to thank everyone who has contributed to our succ88S this year - our funders, partner8, userB, and the wider community. Together we have built something that 18 not only sustainable but a180 transformative for Blackrod and the surrounding area. With continued support, l am confident thal the year8 ahead wlll 8e6 us grow further still, ensuring that our Centre remain8 a place where av8ryone feel8 It is thglr community hub. On behalf of the Trustees, Ms Ann Brook8 Chalrperson Date: 14 October 2025
BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 Tha Trustee8 pre8ent thelr annual report and flnancial 8tatements for the year gnd8d 31 March 2025. Th8 financial statem8nts have b88n prepared In accordance wlth the accountlng polici8S set out In note 1 to the financlal statements and comply wlth thè Trust's govarnlng docum8nt, th8 Charltles Act 2011. FRS 102 The Flnanclal Reportlng Standard appllcabl8 In the UK and R8publlc of Ireland. and tha Charltles SORP 'Accountlng and Reportlng by Charltles: Statement of Recommended Practlce applicable to charftles preparlng thelr accounts In accordanc8 Wlth the Financlal Roportlng Standard appllcable In the UK and R8publlc of Ir81and (FRS 102).. ObJectlva• and actlvltle• Th8 Blackrod Sports and Communlty Centr8 CIO was establl8hed In July 2017 followlng 18 months of r88ld8nt-led consullatlon, audlt and n8gotlatlon wlth Bolton Councll. Its charlt8bl6 purpo88 18 to manage, promote, hlre out, malntaln and Improve communlty 8POrt8 and recreatlonal facllltl8s for th8 b8n8fit of r881d8nts In Blackrod and surroundlng communltles. These f8cllltl88 comprtS8 8 large Indoor hall wlth stage and kltchen, a 8mall meetlng room, 8ports changlng facllltles. an outdoor football pitch and adlacant land, Tha Centre alm8 to,. Increase usage of communlty as8et8; wlden the range of acllvltle81o sult all agè8 and ne8d8; provlde a hub for the dellvery of communlty 8UPPOrt servlce8', and become 8U8tainable, ideally moving toward8 flnanclal 8glf-8ufficlency. To a¢hl8v8 th888 oblectlv88, th8 CIO 8mploy8 a part-tlme Chlef Execullve and caretaklnglcleanlng slaff, along wllh Health and Wellbelng Coordlnators and sesslonal staff, They oversee day-to-day operatlons and lead our programme of health, wellbalng and communlly acllvltle8. Publlc benefit The Truste88 conflmi that they have complled wlth tholr duty undar Sectlon 17 of the Charltl88 Act 2011 to hav8 dua regard to the chatY Commlsslon's publlc benefit guldance. The Centre contlnues to provlde a broad range of Iow408t or frae opportunltl88 for local people, Includlng fltnes8, arts, 80¢ial and wellb8ing $e$8ion8, youth provlslon, f8mlly 8UPPOrt and warm 8paces Inltlatlves, By dolng 80, we reduce1601atlon, promote healthler Ilfe8tyles, create volunteerlng opportunltles and strengthen communlty life.
BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achlevoments and performan¢6 Slgnlficant activlties and achlev6m6nts agalnst obJ8Ctlves 2024125 was anothar year of strong dellvery and growth. Participation: By February 2025, the Centre was ho8llng 1,865 vlsits per we8k{6,595 per month}, excludlng oneff events. Of the8e, 865 w88kly at18nd8nces were at free se8slons funded by the Natlonal Lottery Communlty Fund, Sport England, Garfleld Weston Foundellon, Bolton Fund and others Communlty Impact,. Over 36 fre8 weekly sesslons were provlded, coverlng fitne88. wellb81ng, arts. drama mlndfulne8S, table lennls, youth servlces and support for recoverlng addlcts. We also hosted thè DWP outreach van weèkly and sea80nal 8vents Such as Easter actlvltle8 (8UPPOrtlng 125 chlldren and famllle8) and Chrlstmas glft d18tr1butlon (over 400 reclplents). Economlc Impact.. Slnce Inceptlon, the Centre has relnve8t8d£777,797 Into the local economy, Includlng £170,911 on bulldlng repalr8 and malntenance Events and Partnershlps.. We funded and supported communlty groups Including the Blackrod Gardening Group, St Catherlne's Messy Play, and local schools, out-of-hours provlslon. Desplte challeng88 around capital Investmant. we have contlnued to 8ecure 3ufficl8nt rèvenue funding to sustaln operations and grow servlces. Flnanclal r•vlow The Centre 8nd8d th8 yoar wlth healthy re3eNe8. £156022. Our rev8nu8 ba88 18 prlmarlly 8UPPOrtgd by gr8nt fundlng, supplemented by rental and hlre Income. Thls year'8 Incom8 reached £182,549 wlth expendllure of £116,195 up to February 2025 Funds are held to.. 8UPPOrt core stafflng c0818 (Chlef Executlve, Health and Wellbelng Coordlnator8, cleanlng and ses81onal dellveryl; over bulldlng malnt8nanc8 and utiiitle8; and Invest In future d8velopm8nt prlorftles agreed wlth Bolton Councll. The Trustees, reserves pollcy Is to hold between three and slx months of core costs to ensure contlnulty In th8 event of unexpected fundlng changes. Golng Goncem The Trustees b81ieve that the chaTIty Is a golng conc8m. Desplle rell8nce on grant Income. our dlver8iflc8tlon of fundlng streams and growth In self-generated income from hall and pitch hlre glves confidence In the C8ntre's flnanclal reslllence. Reserves policy It Is the pollcy of the Trust that unrestrlcted funds which have not been designated for a specif1¢ use should be maintained at a level equivalent to between three and six month's expenditure. The Trustees consider that reserves at thls level will ensure that, In the event of a signtricant drop in funding, they will be able to continue the Tru8t's current activlties while consideration is given to ways in which additional funds may be ralsed. This18vel of reserv98 has bgen maintained throughout the year.
BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Plans for futurn perlod8 Looking ahead. our prlorlty Is to $8cure a 25-y8ar 18ase for the bulldlng and land. Thls Is crltlcal to unlocking slgnlficant capltal fundlng opportunltles. In parallel, we will: continue delivering and 8xpandlng our programme of free and low-cost actlvlty for all ag8S' strengttten our health and wellbelng offer, partlcularly for older re8ldents, young people and vulnerable groups., d8v8lop partner8hlp8 to extend d8llv8ry Into other local venues,. and further Improve the bulldlng and 81te to en8ure It remaln8 8afe. welcomlng and 8U8talnable. Structurnp govornanG• and management The Trust Is a company Ilmlted by guarantee .... . The Tru8tee8 who 8erved durlng the year and up to the date of 8lgnature of the flnanGlal statement8 were: M8 A Wln8tanley M8 C Wlnston Mr J Brooks Ms M Dolan M8 8 Monaghan MS A Brooks Mr J Royal Reorultment and appolntment of trustee8 Wlth the exceptlon of the Flr8t Tru8te88, the Blackrod Sport8 and Communlty Centr8 CIO Tru8teo8 must be appolnt8d for a t8rm of three years by a resolutlon pas88d 81 a properly convened meatlng of charlty trustees. Blackrod Sports and Communlly Cantre CIO has openly 8dv8rtls8d for and has responded to appllcatlons of Interest to be consldered a8 a Truslee. We are actlvely 8earchlng to recrult for a Trustee wlth a 8POrtlng background to work wlth u8 Inductlon and tr8ining of trust88s The Blackrod Sports and Comrnunlty Centre CIO wa8 provlded wlth Inltlal tralnlng and Informatlon when the draft conslltutlon was put together both from withln Its own Trustees wlth relevant expertlse and extemally. Thls wlll be repeated for naw Trustees. Blackrod Sports and Communlty Centre CIO 18 a rnemb8r of Bolton Councll for Voluntary Services. Individual Trustees have taken part in relèvant tralnlng. BCVS regularfy adv8rtls8s Trust88, Staff and volunt8er tralnlng opportunltlos. Trustees have taken part. The Tru8tee8 report W85 a proved by the Board of Tru8t888. Ms A Brooks Trustee 14 October 2025
BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The Trustees 8re re8ponsiblè for preparfng the Trustees Report and the financial statements In accordance wlth applicable law and United Kingdom Accounting Standards (Unlted Kingdom Generally Accepted Accounting Practica}. The law appllc8bla to charltles In England and Wales r8qulres th8 Trustee8 to prepar8 finandal stat8m8nts for each financlal y88r which glve a true and falr vlew of the stata of affalrs of the Trust and of tha In¢omlng resources and application of resources of tha Trust for that year. In preparfng these flnanclal statements, the Tru8tee8 arg requlrod to.. 88lect sultable accountlng poll¢les and then apply them con818tently* ob8grv8 th8 m8thod8 and prin¢iple8 in the Chartlles SORP,, make Judgements 8nd 88timate8 that are &SOnabl6 and prudent; 818te whèther applicable accounting st8nd8rd8 have been followed, subject to any material d8parture8 dl8c108ed end explained in the finan¢lal statemenl$-, and prepare th8 flnanci818tat8ments on the going conc8m ba818 unlg881118 Inapproprlate to presume that the charlty will continue In op8ratlon. Tho Truste88 are re8pon81ble for ke8plng 8ufficlent accountlng r8cord8 that dl8cIos8 wlth raason8bl8 8c¢uracy at any tlme the flnanclal p081tlon of the Trust and enable them to ensure th81 the financlal statements comply wlth the Charltles Act 2011, the Charlty (Accounts and Report5) Regulatlons 2008 and the provlslons of the trust deed. They are also responslble for safeguardlng tha 858ets of the Trust and hence for t8klng reasonable 8teps for the prevention and detectlon of Iraud and other Irregularltle8.
BLACKROD SPORTSAND COMMUNITY CENTRE CHARITABLE INCORPORATED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED I report to the Trustees on my exarnlnation of the financi81 stat8ments of Blackrod Sport8 and Community Centr8 Charitable Incorporated (the Trust) for the year ended 31 March 2025. Re8pon8lbllltlo8 and ba818 of roport A8 the Trustees of the Trust you are re8pon81ble for the preparatlon of the flnanclal 8tatement8 In accordance wlth the requlrements of the Charities Act 2011. I report In respect of my examlnatlon of the Tru8t'8 flnanclal Ststements carrled out under 88Ctlon 145 01 the Charltlos Ad 2011. In carrylng out my examlnatlon I hav8 followed the Dlrectlon8 glv8n by the Charlty Comm188lon under sectlon 14515)(b) of the Charltle8 Act 2011, Indep•nd•nt •xamln•V• •tat•mont Your attentlon 18 drawn to Ihe fact that the charlty ha8 prepared the flnanclal 8tat8m8nt8 In accordance wlth the relevant V8r8lon of the Statement of Recommended Practlce appllc8bl8 to charltl88 preparlng thelr flnanclal 8tat8m8nts In accordance wlth the Flnanclal Reportlng Standard appllcabla In th8 UK and Republlc of Ireland (FRS 102) In preference to the Accountlng and R8POrtlng by Charltles: Statemant of Recomm8nd8d Practlce188ued on 1 Aprll 2005 whlch Is referred to In the 8Xtant r8gulatlon8 but ha8 now been wllhdrawn. l und8r8tand that thls has be8n done In order for the flnanclal ststements to provlde a true and falr vlew In accordance wlth UK Generally Accepted Accounllng Practlce. I have complaled my examlnatlon. I confirm that no m8tt8rs have coffle to my attentlon In connectlon wlth the ex8mlnatlon glvlng m8 ¢8U88 to belleve that In any materlal respect: accountlng records were not kept In r88P8Ct of the Tru8t as requlred by Sedlon 130 of th8 Charltle8 Act 2011, the flnanclal statements do not accord wllh th08e record8', or the financlal ststemonts do not comply wlth th8 appllcabl8 requlrements concemlng th8 fomi and content of flnanclal Statements set out In tho Charltl88 (Accounts and Reports) Regulatlons 2008 other than any requlrement that the finandal 8tstsment8 glve a true and falr vlew, wh5ch18 not a matter con8ldered 88 part of an Indepandent examlnatlon. I have no concern8 and have come acros8 no other matters In connaction wlth the ex8mln8tlon to whl¢h attentlon Should be drawn In th18 r8POrt In order to enable a proper understanding of the financlal $tat8ments to b8 reached. D G Mnston FCCA CRBH LTD 7 Bolton Road Ashton In Makerfleld Wlgan WN4 8AA 14 October 2025
BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 UnroStrl¢tsd Re8trlct•d funds fund• 2025 2025 Total Unre8trl¢led R08trfctad fundi fund8 2024 2024 Total Note• 2025 2024 Incomo Irom.. Charltable actlvltles 58,587 119,226 177,793 36.432 107,591 144,023 Total Incom• 58,567 119,226 177,793 36,432 107,591 144,023 Expondlture on: Charltsble acllvllles 138,746 138,746 130,557 130,557 Total exp•ndltur• 138,746 138,748 130,557 130,557 Not Incomo1(oxp•ndltur•) Tran8fer8 between funds (80,179) 119,226 39,047 (94,125) 107,591 13,486 118,905 (118,905) 116,317 (116.317) Net movoment In funds 38,726 321 39,047 22,192 (8,728) 13,466 R•conclllatlon ol funds: Fund balances al 1 Aprll 2024 102,324 14.851 118,975 80.132 23.377 103,509 Fund b•lanc•• at 31 March 2025 141,050 14,972 158.022 102,324 14,851 116,975 The 8tstement of financlal actlvltle8 Includes all galn8 and Ios8es recogn18ed In the year. All Incom8 and expendlture derlve from contlnulng actlvltle8.
BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED BALANCE SHEET ASAT 31 MARCH 2025 2025 2024 Not•• Flxed assets Tangible ass8ts 8,656 17.471 Currant a88at$ Debtors Cash at bank and In hand 10 4,733 145,049 3,547 100,142 149,782 103,689 Crodltor•: amount• falllng du• wlthln one year 11 12,418) <4,185) Nat currnnl a•sats 147.366 99,504 Total a••ot• lo•• currant Ilabllltlo• 156.022 116,975 The fund8 of the Trust Re8trlct8d Income fund8 Unr8strlct8d funds 12 13 14,972 141,050 14,651 102.324 158,022 116,975 The flnanclal 8tstement8 were approved by the Tru8t8e8 on 14 October 2025 Ms A Brook8 Tru•leo
BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcla• Charlty Inforniatlon Blackrod Sports and Communlty Centre Charltable Incorporated Organisatlon meets the deflnltlon of a publlc beneftt entity under FRS 102. A888ts and Ilabllit188 are Inllially recognis8d at historfcal c08t or tran8actlon valu8 unle8S Otherw188 8tated In the relevant accountlng pollcy noteo. Blackrod Sports and Community Centre CIO18 a Charltabl8 Incorporated Organ18atlon whlch18 governed by Its Con8titutlon. 1.1 Accountlng convontlon The financlal $tatemenl8 have be8n prepared In accordance wllh the Tru8V8 govarnlng document the Charltles Act 2011, FRS 102 'Th8 Fln8ncl81 Reportlng Standard appllcable In tha UK and Republlc of Ireland" and the Ch8ritl88 SORP "Accountlng 8nd Reportlng by Charftie8: Statement of Recommènded Practica appllcabl8 lo charltle8 pr8paring Ihelr accounts In accordance with the Financlal Reportlng Stand8rd applicab18 In the UK and Republlc of Ireland (FRS 102).. The Trust 18 a Publlc B8nefit Enttty a8 defined by FRS 102. The Trust ha8 taken advantagg of Ihe provi8ion8 In the SORP for charftles not to prepar8 a 8tatement of ca8h Th8 flnanclal 8tatement8 have dep8rtad from the Charltles (Accounts 8nd Report8) R8gu18tlon8 2008 only to the extent requlred to provlde a true 8nd falr vlew. Thls departure has Involved followlng the Statement of R8comm6nd8d Practlce for charltles applylng FRS 102 rather than thè vérslon of the Statement of R6comm6nded Practlce whlch Is ref8rred to In th8 Regulatlons but whlch has 8lnce b8en wllhdrawn. Tha flnanclal 8tatoments are prepared In Sterllng, whlch 18 the functlonal currency of the Tru8t. Monetary amounts In th88e flnancial statements are rounded lo th8 nearest £. The flnancl818tat8ment8 have been prepared under Ihe hlstorlcal cost convenllon, [modlfled lo Includ8 the revaluallon of fr68hold propertl68 and to Include Investment properdes and cert81n flnanclal Instruments at falr valuel. The prlnclpal accountlng pollcl88 adopted a Set out below. 1.2 Qolng ¢on¢om At the tlme of approvlng the finanolal statemenls, the Tru8tee8 have a reasonabla expectatlon that the Trust has adequate resources to contlnue In operatlon81 exlstence for thè for8Beaabla future. Thus the Trustees continue to adopt th8 golng conc8m basi8 of accountlng In preparfng tha flnancial stat8m8nts. 1.3 Charltabl• fund8 Unr88trlcted fvnds arg avallable for use al the dl8cretion of the Trustee8 In furtherance of their charitable objective8. R88tricted funds are subject to specific condltlons by donors or grantor8 a8 to how they may be used. The purpo888 and use8 of th8 restricted funds ar8 Set out In the notes to the flnancial ststem8nt8. Endowment funds are subject to speclfic conditions by donors that the capital must be maintained by the Trust. 1.4 Income Income is recognlsed when the Trust Is18gally entitled to it after any performan conditions have been met. the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognlsed once the Trust has been notified of the donation, unless perfomiano conditions require deferral of the amount. Income tax recoverable in relation to donations recelved under Gift Aid or deeds of covenant is recognlsed at the time of the donatlon.
BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollclo• (Contlnued) Legacies ar8 racognised on rec81Pt or otherwise if th8 Trust hag been notified of an impending di5trlbullon, the amount is known, and recelpt is expected. If the amount is not known, thelggacy is treated as a conlingent asset. 1.5 Expendlture Expendlture 18 recognlsed once there 15 a legal or constructlve obllgatlon to transfer economlc ben8flt to thlrd party, It18 probable that a transfer of economlc beneflts wlll be requlred In settlement, and the amount of the obllgatlon can be measured rellably. Expendlture18 cla8slfied by actlvlty. The c08ts of each actlvlty aro made up of the total of dlr8ct e08t8 and 8hared costs, In¢ludlng 8UPPOrt C08t8 Involved In undertaklng each actlvlty. Dlrect C08ts attrlbutabl8 to a 81ngla actlvlty ar8 allocated dlreclly to that actlvlly. Shared costs whlch contrlbute to more than one actlvlty and 8UPPOrt co8t8 whlch are not attrfbutable to a slngle actlvlty are apportloned between those aGtlvltl98 on a ba818 ¢ons13t8nt wlth tho u88 of r080urce8. Central staff costs are allocated on tho b8818 of tlme 8p8nt, and depreclation charges are allocated on the portlon of the a88et'S Use. 1.6 Tanglbla flxod a•J•t• Tanglble flxed ass8tS 8r8 Inltlally measured at cost and 8ub8equently mea8ur8d at CO8t or valuatlon, net ol depreclatlon and any Impalrment1088e8. Depr8clatlon18 r8cognls8d so as to wrlte off lh8 cost or valuatlon of a888ts1888 thelr re8ldual valu88 over thelr Useful Ilves on the followlng ba8e8'. Leasehold land and bulldlng8 Flxturas and fittlng8 209A Stralght Llng 200h Straight Llne The gain or1088 arlslng on tha d18P08al of an asset18 determined as the dlfference between the 881e proceed8 and the carrylng value of tha 888et, and18 recognlsed In the ststgment of flnanGlal activitle8. 1.7 Impalrm•nt of fixad a•8•t• At aach reportlng 8nd dste, the Trust r8vI8W8 the carrylng amountB of Its tsnglble assets to determlne whether there Is any Indlcatlon that those assets have suffered an Impalrment1058. If any such Indlcation exlsts, the recoverable amount of the asset Is estlmated In order to determine the extent of the Impalrment loss (If any). 1.8 Cash and ca8h equfvalent8 Cash and cash equivalents includo cash in hand, deposits held at call with banks, other short-term liquid investments with original m8turlt183 of threa month8 or less, and bank overdrafts. Bank ov8rdraftB are shown within borrowings in current liabllities. 1.9 Flnanclal Instruments The Trust has elected to apply the provisions of Section 11 'B8slc Financial Instruments. and Sedlon 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial in8trum8nts. Financial Instruments are recognis8d in the Trust's balance sheet when the Trust becomes party to the contractual provisions of the instrument. Financlal assets and liabilltles are offset, wlth th8 net amounts presented in the financial statem8nts, when there Is a18gally enforable right to set off the r8cognised amounts and there Is an intention to s8tt18 on a net basis or to realise the asset and settle the liabillty slmultaneously. 10-
BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcl88 Baslc flnan¢lal as80t8 Basic flnanclal assets, whlch Include d8btors and cash and bank balancas. are Inltially m8a8ured at transacllon prlce Includlng iran8action costs and are subsequently carrled at amortlsed cost uslng th8 effective Int8rest method unless the arrang8m8nt constitut8s a flnanclng Ir8nsa¢tlon, where the transactlon 18 m88sured at the present value of th8 future racelpt8 dl8counted at a market rate of Interest. Fln8nclal assets classlfled 8s r8C61vable wlthln one year are not amortised. Baslc flnanclal Ilabllltle8 B881c flnanclal Ilabllltl8s, Includlng credllors and bank108ns ar8 Inldally recogn188d at tran8actlon prfca unle88 the arrangement conslltute$ a flnanclng tran8adlon, wh8r8 the debt Instrument18 mea8ur8d 8t Ihe present value of the future payment8 dlscounted at 8 mart(el rate of Interest. Flnanclal Ilabllltles cla881fled a8 payable wlthln on8 year are not amortlsed. (Contlnued) Debt In8trument8 are 8ub88quently carrled at amortlsed cost. U81ng the effectlve Int8r88t rate method. Trad6 credltor8 are obllgatlons to pay for goods or Serv18 that have been acqulred In the ordlnary cour8e of operatlons from 8uppller8. Amount8 payable are classlfled 88 current Ilabllltle8 If payment 18 due wlthln one year or1888. If not, they are pre88ntèd as non-current Ilabllltle8. Trade cr8dltors are recogn188d Inltlally at transactlon prlce and Bub8equonlly measured at 8mort18ed cost U81ng the effectlve Int8re8t method. Derncognltlon of flnanclal Ilabllltlo• Flnanclal IlablllUe8 are derecognl8ed when th8 Trust's contractual obllgatlon8 explre or are d18charged or cancelled. 1.10 Employeg b•noflt• The cost of any unused hollday entitlement18 recognlsed In th8 perlod In whlch the employ8e'3 servlces are recelved. Termlnatlon ben8flts are recognlBed Immedlately a8 an 8xpen88 wh8n the Tru8t18 demon8trably commltted to termlnate the employment of an employee or to provlde termlnatlon beneflts. Crftlc•l accountlng e•tlmate8 and Judgomonts In the appllc8tlon of th6 Trust's accountlng policles. the Trustees are requlred to make Judgements. e8llmate8 and assumption8 about the carrylng amount of assets and Ilabllitles that are not readlly apparent from other sources. The esllmates and assoclated as8umption8 are based on hlstorical experfenca and other factors that are consldered to be relevant. Actu81 results may dlffer from these esllmates. The estimates and underlylng a88umptions are revl8W8d on an ongolng bas18. Revlslons to accountlng e8Umal88 8re recognlsed in the perlod In which the estimate Is revised wherè the revlsion affects only that perlod, or In the period of Ihe revlslon and future periods where the revlslon aff8Cts both current and future period8. 11
BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from charltable actlvltlo• Unre8trlclod R•$trfctad funds fund• 2025 2025 Total Unro•trl¢tad Ra8trlcted funds funds 2024 2024 Total 2025 2024 Fund8 Grants Anclllary tradlng Income Charltable rent81 Incom8 Other Incom8 17,000 1,259 40,083 245 119,226 138,228 1,259 40,083 245 1,000 107,591 108,591 35,432 35,432 58.587 119.226 177,793 36,432 107,591 144,023 Expondlturo on charltabl• actlvltl•• 2025 2024 Dlrect costs Depreclatlon and Impalrment staff Costs Sundry Sesslon Dellvery Pltch Malnt8nanc8 C8ntre Management Cleanlng IT Costs Repalrs and Malntenance Insur8nce Accountancy Bank Charges Donatlon8 14.140 1,435 172 43,137 5,628 50,592 11,385 2,723 5,513 1,263 2,220 98 442 16,774 1,075 881 37.451 4,760 42,365 7,042 3,301 12,908 1,263 2,640 138,746 130,557 Analy818 by fund Unrestrlctsd fund8 138,748 130,557 Net movement In funds 2025 2024 The net movement In funds is stated after chargingl(crediting)'. Fees payable for the independent examination of the charity's flnanclal statements D8preciation of owned tangible fixed assets 2.220 14.140 2,640 16,774 12-
BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Truste88 None of the Trustees (or any pèrsons ¢onn8Ct8d wlth them) r8celved any r8mun8ratlon or beneflts from the Trust durfng the year. Employ••• The average monthly number of employ8e8 durfng tho year wa8.. 2025 Number 2024 Number Tot81 There were no 8mploy688 wh088 annual remuneratlon wa8 mor8 than £60,000. Taxatlon The charlty Is ex8mpt from t8xatlon on Its actlvltie8 becau88 811 Its Income18 applled for charttable purp08e8. Tanglble flxed a•8gt• L•lhOld Flxtur•• and land and bulldlng• flttlng• Tot•1 Co•1 Al 1 Aprll 2024 Addltlons 84,055 12,242 12,904 76,297 12.904 At 31 March 2025 64.055 25.146 89,201 D•pr•clatlon and Impalmi•nt At 1 April 2024 D8preclatlon charged In the year At 31 March 2025 54.939 9,115 11,466 5,025 86,405 14,140 84,054 16,491 80.545 Carrylng amount At 31 March 2025 8,855 8,656 At 31 Maroh 2024 64.055 8,355 17.471 13-
BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 10 Debtors 2025 2024 Amounts falllng due wlthln one year: Trade debtors other debtor8 3,253 1,480 2,547 1,000 4,733 3,547 11 Crodltorn: amounts falllng due wlthln one year 2025 2024 Trade Gredltor8 Accruals and deferred Income 645 3,540 2,416 2,416 4,185 12 Rostrlctod fund• The re8trlcted fund8 of the charlty comprf88 th8 un8xp8nd8d balances of donatlon8 and grant8 held on trust Subject to 8peclfic condltlons by donors as to how they may be used. At 1 Aprll 2024 Incomlng re•ourGoS Tran•f•rn At 31 March 2025 14,651 (14,651) (1,000) (44,916) (14,711) (1,587) (8,100) (2,440) (3,250) (14,750) {3,500) {5,000) {2,500) (2,500> Bolton Fund Lottery Cornmunlty Fund Bolton8 CVS R36 Football Foundatlon GM Answer Cancer Bolton Wamis Spaces UKSPF Sport England Next Steps Erlc Wright Bolton Cultur8 Fund Forever Manchester Energy 1,000 59,888 14,711 1,587 8,100 2,440 3,250 14,750 3,500 5,000 2,500 2,500 14,972 14,651 119,226 (118,905) 14.972 14-
BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 R98trl¢tod fund• Prnvlou8 year: (Contlnued) At 1 Aprll 2023 Incomlng rnsourcè• Transfer• At 31 M•rch 2024 Bolton Fund Lottery Communlty Fund Bolton8 CVS R36 Bolton Festlve Fund Footb811 Foundatlon GM Answer Cancer Communlty C08t of Llvlng ASDA Bolton Wam18 Sp8ce8 19,907 3.470 {19,907} {43,819) (20.515) (99) {2,151) (1,983) {25.803) (600) (1,440) 55,000 20,515 99 2,151 1,983 25,803 600 1,440 14,851 23,377 107,591 (118,317) 14,651 13 Unr••trlct•d fund• The unrestricted funde of the charlty compr188 th8 un8XP8nded ba18nce8 of donatlons and grant8 whlch are not subject to speclfic condltlons by donors and grantors as to how they may be used. These Includ8 d881gnated funds whlch have been Bet a8lde out of unre8trlcted funds by th8 tru8te88 for speclflc purpo888. At 1 Aprll 2024 InmIng R••our¢o• r••ourc•• oxp•nd•d Tran•f•r• At 31 March 2025 Genar81 funds 102,324 58,567 (138,748) 118,905 141,050 Pr•vlouJ y•ar: 2023 Incomlng Re#ouru• resource• •xp•ndod Tran•lor• At 31 March 2024 Genaral Funds 80.132 38,432 (130,557) 116,317 102,324 14 Analy818 of nat a8•0ts belw8•n fund8 Unrostrl¢ted lund8 2025 Rostrlctod funds 2025 Totol 2025 At 31 March 2025.. Tangible assets Current ass8ts1(liablltties) 8.656 132.394 8,656 147.366 14,972 141,050 14,972 156,022 15-
BLACKROD SPORTS AND COMMUNITY CENTRE CHARITABLE INCORPORATED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Analy818 of not a880ts between funds (Contlnuod) Unrnstrlcted funds 2024 Ra8trlctsd fund8 2024 Totsl 2024 At 31 March 2024: Tanglble assels Current assetsllllabllltle8) 17,471 84,853 17,471 99,504 14,651 102,324 14,651 116,975 15 Rolatod party transactlons There were no d18do8abl8 related party tran8actlon8 durlng the year (2024 - none). 16-