COMPANY REGISTRATION NUMBER: 10076004
CHARITY REGISTRATION NUMBER: 1174371
Leisure United
Company Limited by Guarantee
Financial statements
31 March 2024
Iniii
illiii
*ADIAPXP14*
1W12r2024
COMPANIES HOUSE
219

Leisure United
Company Limited by Guarantee
Financial statements
Year ended 31 March 2024
Pa9•
Trustees. annual repori (incorporating the diTeclors' wort)
Independ¢nt au(kWs report to th¢ rn¢n*ws
10
Statement offinancjal actmtss {indudffu •xpenditure acccwnt)
14
Balance Sheet
15
Stsl&m•nl of ¢a$h Ikw
16
Notes lo the finanual statements
17

Lelsure United
Company Llmited by Guarantee
Trustees, annual report Ilncorporating tho directors. report)
Year ended 31 March 2024
The Irusleès, who arè also the dire¢tors for the purp)ses of company Lm¥. present Iheir report and the
fit)ancial statements of th¢ charity for Ihe year end￿ 31 March 2024.
The finar￿al statements have been preparad in xtordan¢e wrth the a¢¢ounling policies sel 0￿ in notès to
the accounts and CoM￿Y with the charitys govèming document, the Chartbes Act 20118nd Companies Act
2006 and Accounting and Reporting by Charit*s'. Staiement of Rtrcommerided Pradice applicable to
charikn.es prèparing Iheir accounts in accOrdar￿e with the Financial Repo￿"n9 StandarKI applicable in the UK
and R•public of Ireland publish¢(l in Ooobor 2019.
Reference and adminlgtr4tl¥• dètsHs
R•glst•r•d ¢harity name
Leiswe United
Charrty rnglstrallofi fi￿nbOr
1174371
Company r•gl$tratlon numbèr 1￿76004
Prinelpal officè and ￿91¥1¢￿ed SGP Graves
office
BoGhum Parkway
S￿lfield
S8 8JR
Thè truste•s
The trustees who seNed durin9 the yw and at the date ofapproval were as folkn¥6:
Mr D J Gallagher {Chaimianl
Mrs S Wakefield (VKe Chairl
Mr S Afdley
Mf S Evère
Company s•cr•tsry
Mw*le Secrelary Limited
Managlng Dlr•ctor
Mrs M Crossland
Interim CEO
Audltor
Love*tll Blake LLP
Chartered acL¥yJntsnts & sLIiLrtory audrt
Bankside 300
Peachman Way
Broadland BusrnÈss Pak
N0￿ch
NR7 OLB
Bankers
National Westminster Bank PIC
53 London Road North
Lowestoft
Suffolk
NR32 1

Leisure United
Company Limited by Guarantee
Trustees. annual report (incorporating the directors. report)
Year ended 31 March 2024
Obie¢lives and actfvltles
The obpdive5 oflhe tharity are..
To provide or assist in the PT0ViSi￿ of f*ilibes in the Inte￿St of soual wÈfiarè for recreation or other
leisure time ocCupat￿n for the puNic at large or for indi¥idvals who have need of such facilities by Tèa$tyn
of their youlh, age, infimity or dISab￿lty. h*dship or sowl C1￿m$tanceS with Ihe object of
improving their conditions of lrfe.,
Tht promotion of cvrrimunity Participat￿ in heallhy recreation.
To advance the edLThtion traiNng {both aCadWTr￿ and ¥ocalional) of Ihe public and in parbcular ltryjt
nol limited lol young people from ihe age of 16 in ihe subject of sports, sports management and related
sut¥"eets. vrilh a partieular focus (but not limited lol foolball.
The oty'ectives ol the chafity arn fulfillÈfl through the managèment of leiswe and football facililtes throughout
the UK on behalf of public and wvate sector organisations.
Publle benefrt
The trvslees have tsken due regard to Ihe guhJance wblished by IhÈ C￿ty Commission on publ￿ benefit
h is conside￿￿ th* the charity provides a pU￿1C benefft through rt vision to provmlè first dass leisure
facilities, wh￿h are accessib￿ and affoTdable for Ihe wlK)le ci)mmunty.
Our pl•dge
To ensu￿ affordable, a¢¢essiblè. engagin9 tsc*bes for all. For Ihe fxthties to be operatad èffirièniiy
ensuring first dass presentation throughout contrad ierrn. To reinvest 5urtAus proffts to lurther develop o
SIJSlainable football and fitness offer.
Our vislon
To bring together c>Thfflunities fw footba￿, fftness, social * edu¢atTOn.

Leisure United
Company Limited by Guaranteo
Trustees. annual report {incorporating the directors. report) {toft¥nu•AI
Year ended 31 March 2024
A¢h1•￿M•nts and p•rfomian¢•
Leisure Untled has enjoyed another slTong y. has seen its fastest growth sirt• Ihe fomation of
Ihe Trusl in 2016.
Sta￿.￿9 Ihe year with 13 hubs in operalbM aThJ andmig vAlh a totsf of 18. new openings this year al
W￿an (Laithwaite Park and ￿lliaM Fostèr). Barking and Dagenham {Parsloes Parkl. Sheff*ld iwoodboum
Road) and Derby IThe Racecouisel.
Contracts and lon*tewm Opwalicrfd agreements are all awd or in the final pr￿sS of CAxnpletion, in the
case of LNerpool sites.
Inwoved tenn$ and cond￿n5 have been secured ovwall. compared to thfy Pre￿0[15 *rarvJ¢ments that
were in plaee urKter Ihe fvst contraclual aweements, whKh were under Ihe former'Parklife" programme.
With the National FootbaN Trust and funding partners, akngside the loG* ou1hori￿S. there is now Ihe
Ot)portunty, to ensure that Ihe operalin9 mc*Jel is fuify suSiainab￿ and that arty profits generated are used
rn each geographical area lo deliver outcomes for grass roots fooibal.
Reseryes are in place and establish￿ fw the sites that at Ihe rèquired level of operational maturity, a
healthy cashflow evident and an agreement from partners to support the opening resourn rewi¥ements, as
new sites corne online and bewrne operation*.
Leisure Unrted is on a sound financial footing. whith has enabled some SUr￿￿S to be ￿vested in a high
interest a￿Unt with the National Football Trust. the transfef of fLmds is part of the agreed PToces$ lo
support parent company restliènce, sinkn.ng funds prtch replacernent have started where requirèd to mÈel
the requiremenls of the agTeeTnents wrth èa¢h local authowity. the responsits.lty and risk lor pitch
replacement sits vthh the Nation￿ Footb￿1 TnJst. or the local authority Idepending on the ci)ntract). Interest
is being ￿Nerated in Leisure Uniled's own inslant access savings accounl. This is an excellent overall
OLrtcome.
Refurbishments have been completed to replacè wen used frtness equipment in Sheff￿1￿. the first sites due
pro9Tammed refurbishmenl within Ihe portlolio, some other laaltty improvements. 5Lrch as decorating
and flooring as well as brandin9 have kYfy3ress￿ a￿1 alrnost comFleted.
A rolling programme for sile reftrtiishment wll be eslablished fof all $ite$ dwing 24r25, wilh the required
resour¢es allocated accordingty.
A new websitè is now online in the 24125 financial year as wen 85 improvements to the front of house
rnanagement sofv4are syslem this ￿11 sup￿1 the retention and growth of the chanty. Internal controls.
inckjth.ftg SySiem$ and processes have been imwoved in ￿ne wrth previous audit report rec0mrnendati0r￿.
Leisure United has continued ts positive worting relationships with its parent company. The National
Foolball Trust INFf) and funding partners at the Fooiball AssocralK)n. Sport England, and the Prèmier
League. Strong links have been made or are in with èach hxal authority. where Leisu¥•
United has an operational sile or srfe in development.
The Foolball Foundation remains a$ 8 key working partner •knigside the Leisu￿ Uniled central and
execulive team. Strong 9ovemance is in placè across the b¢)ard. wilh good communi¢ats"on and Sirategi¢
vision. A management agreèment btheen the Nats"onal Footb￿1 Tqjst and Leisure Uniled is in ts final
version, wth the schedules. Ihat indude key pertomiance indtstors. bolh generically and within each local
aulhority. to address local needs within the relevant geograptm.cal aTea and be finalised during 24r25.
The final version which will be inlegraled wth the National Football Trust 51ralegy document.
The Leisure Unit•d bo¥d has retained a slabSe membership and conlinued ￿th its ¢¢xnmittee ftjndion 8nd
has met on 8 qu3rtÈFty ba51$. Wrth fvrlher re9￿￿ update5 provided as r￿SSary lo ensure good
90vwnartt is retained.

Leisure United
Company Limited by Guarantee
Trustees. annual report lincorporatlng the directors, report) {¢oftthue
Year ended 31 March 2024
Financial r￿l¢W
The resutts for th8 year are shown pages 14 to 26.
User numbers, based on turn51ile admissions for 2Y24 are now at over 1 mitlion wsit5, largely due to the
irFyear giowlh and as m¢xe stes move ttr*ards maturity. This is in LJJmparison to just ovei 540,1)00 in
22123.
Income continuÈd tts grow dvrin9 the yèar, 35 a Tesult of Ihe continL￿d expansion ol the ch*ty ond tygani
growth, leading to an overall incrèasè in incomè Of 52%. charitab￿ activity Ir￿Me increased from £4,060k
to £6,048k and trading income increased from £1,529k to £2,413k.
th fv incr•ast in ¥bW, exwdilur• for yew also in(¥eased in line with incxjme by 50%. Th"s mèant
Ihat Ihere was a signthcant increase in the surplus generated before the transfer ol funds. from £492k to
£837k.
The charity's balance shéet contsnued try strengthen wilh at bank and in hand ￿ing from £2,137k to
£2.327k.
Reserve$ pollcy
The current re$eNes Folicy was set in 22r23 al six months of peoFle costs in each rÈgion. This had been
revised from six months operational tht pre￿￿5 year (which in lum had been set with COVKI 19 in
mind and Ihe thallenges that potential dosures w0￿d place on 5U$tsrnabilrty of Leisu￿ United).
H￿￿eVer, given Ihe gro%th s&unty of L•"$urè Uniled, lh¢ polw wdl be reviewed again mowng lo￿ard.
As part ol discussions with the Nakn'onal Football Tmst, a Finance. Audit and Risk Sub-committee has been
formed, part of its lerms of reffere￿e will be to consider and ens¢Jre Leisure Unrted rètains a reserve ai an
ac￿p1a￿t lèvel, has suffiaent ￿$h1oW and lo pl￿e Sur￿￿$ frjnds into high andlor instant aeees$
aco)unts that can eam Inte￿1. Th"s ¥4dl improve the o¥efall IFta5ury mana9emenl of the Trust and add
valu* 8¢ross the board.
At 31 March 2024 the thanty had free resÈr¥es of £1,756.551 12023.. £1.725.4401.
tt was agreed during ihe yèar that foltrxing each audbt. LU review any out$landing surplus
above Ihe agreed ￿serveS level for each hub ¢* Ihèn awate ttN"S to either a ftxed term woduct account or
a notice accourtt depending on NFT LU requirements and preferen¢e. To ènsure suffi¢ienl reserves are
assigned to each city LU Mll review the amounl allO￿led to each hub ot) an annually basi5. The Fevièw will
focus on ensuring any new leases agreements are induded and Ihal the people cosls are increased in lin8
wrth LV annual pay review.
Leisure united has fomied a j￿nI sut¢omrnJttee with the Natwl Football Trust to deal wlh Finanee. Risk
and Audit, the cnmmittee will have various fespons1b14t￿, Micludin9 the aPPToval of a new policy to
detefminè matters su¢h a5 reserves and investments.

Leisure United
Company Limited by Guarantee
Trustses, annual report (incorporating the directors. reportl icoftknx
Year ended 31 March 2024
Plans for future periods
F•¢llty Dtvtlopm•nt Prngrnmme
Moving fO￿ard rt is planred Ihat further sites WIN come online over thè nèxt two yearn. ￿k& {Bradfordl,
Friar Park (Sandwell). Green Pawk and WoDdhaN (Leeds) are scheduled to start on site for construction in
Springlsurnrntr 2024. wrth thè openings for Friar Path and Wke expected to be bets¥eeD September and
December 2Q24. Start on srte lor constvu¢l"Jon dates have been Set as January 2025 in &'llingham
{Stocktonl and Keighley (Bradfordl, with new site opènings btheen September and Decemter 2025 at
Haitsham (Weaiden). Keighiey. Billirgham. GFeen PaTk and Woodhall.
Further sites are currenuy 4nder discussM)n arL(l at the very ¢arty stage5 of consideration. these will be
brought fo￿ard in 24125.
Resourc• Requirem¢nts
Frorn April 2024 Leisure Unite(I has a seconthnent from the Fc￿1 Foundab"(x) fortwo and a half days per
week to address Ihe rApaW required in the areas of partnership working, hub development and boaid
5UPPOrt.
Furlher appoiDlments are Fdanned lor 24r25, partty lo address resources required to meet the gr￿￿ of the
¢yganisation and to recnjil additional in-house wowsion to replace the t￿rIeTrt SeNce Level Agreernenl that
èxists bÉ￿Èen the Nalional Football Trnst and Ihe Foolb*l Foundalion. In the fulure the resource to do this
will sil within the Leisure United central team.
The Operations Ch"redor wil move to a newty ¢reoted post of Director of Projects and the Interim Chief
Executive Officer wth retum lo the ExeuJlNe Consultant ptsst when additional senior appohnlments art
made.
ilst the slnthrè rem8rns fvid and subject to change Leisure Uniled has agreement with thè National
Football Trust to adjust this in line with Ihe needs of the organisa.on and Hub's development wogramme. It
has been agreed that as each hub comes online the General Manager wrfl bè rè¢ruilèd six months in
advance, this wrfl help svpport the etntral learn and Regional Manager on the ground and provide lor a
smoother transition from ccY)struction, leading inlo the srte openirwj. Furlher resowces to support Actwe
Communities and Footrjall Development wil be indud8d in futuie staff allocaiion$.
As of 31 July the Managing Director resigned from Leiswe Unite(l. three posts have Th)w baen advertised
line wilh Ihe appioved staffing Structvre. These pjsts are Chlef Executive Offjcer. Chief Operating oificer
and ExecuDve Support serv￿￿5 Manager. a fourth regional manager is eX￿￿ed to be wruiled lo duriTrg
thè autumn. A 9ranl has been $ubmrtied lo Sport England in order to reenjrt to thTee Oiher region81 support
pos1&
Fun(tralsing
As refle¢ted within the financial staiefflents, the tharity does nol participate in fundiaising aclivities.
However. should any fundraising be carr￿d oul. the rknarity is comF4iant ￿th the reou)Femènts tsf thè
Fundraising Regulator's voluntary regulation schemè and the Code of Fundraising Pract￿*. In addth"on,
fundraising would not engage directfy wrth vulnerable pèople and the publi¢.
t)uring 2023124 thè charity did ntst work wth any profess*)nal fundraisers or eommertyal partiapatOTS. the
were no instances ol lailure to comply wth the al)ove schemes. an¢J no complarnts were received ￿gardIng
ihe chanty's fundrai%ng acbvrt*s.

Leisure United
Company Limited by Guarantee
Trustees. annual report (Incorporating the directors. report) (•)nfrnuedJ
Year ended 31 March 2024
Strueturè. gov•M•n￿ and m•n•gvm*nt
Governing docum•nt
Leisure Uniled was constrtuled as a company in March 2016. The company achieved tharitable rÈgistration
in Au9U3t 2017. The mem¢+rar￿l￿Th arbd artides of assoriafion were amended in Octobw 2021.
R•¢vultment and appoinlm•nt of trust••s
Truslees shall be persons who Ihrough reshlence, c￿￿PaI10n. employmènt or othe￿isÈ have a Special
knowle(Ige of the area of benefil or vtho are othe￿ise aNe, by ¥irtue of their personal or prtsfessioftal
qualificat•)ns. to makè a con1rlbutK￿ to the pursuit of obiectsves of the Ch￿ty.
Trustees are directors of the cornpany lor Ihe purposes of company Iww. ￿ nwnber of Trustees shall be
minimum of three and a maximum of ￿x.
Trustees who held offi¢e throughwi the Fen"tyJ afft as listed page 1.
Trust•• tralning and Indu¢tion
On apwnlrnenl the Twslees are provided ￿1h.
The charty's Memoiandum and A￿"￿$$ ofAss(vkn"¢n
Key roles in the organisational structure
Trustee perSC￿ speufficatic
In addition, Twstee$ arè eneouraged to read Chafity Commission and otheT rWw51otte￿, and lo attend
courses designed to keep them abreast of th￿"1 dthies and mponsikn"htiOS.
Key managemnt remuneration policy
The Injstees set the salary of the management tram ui ffine wilh iThJu5ty expectations. These salaries are
revtewed yearly by the trustees.
Rish a$$•ssmènt
The Irustees acknowkdge Ihè Ch*fy Cornmissh)n's rec￿Menda110ft for them to undert*e a review of the
major risks to which the charity is exposed. The Trustees havè undertaken a full risk assessment during the
year and as a resull the Trustees have identrfied Ihe follcwu)g risks to thé ¢harity'.
Financial Planninglmanagement
Pipeline hubs being delayed
Lack of resource to operale the trust effectivety
Systemsldata are compromised by cyber attacks
Inuease irt eneF9y costs
Having insuffic￿nI capaoty to SUPKhJrt the uvwng p￿0￿0
Inability to maintain grass ￿cheS as part of nvw LA agreements
Ban on rubber crumb infill
The Trustees are satisfied that there are syst*ns in place or devebped effeCknVe￿ to miligate those
risks.

Leisure Unlted
Company Limited by Guarantee
Trustees. annual reF)Ort (incorporating the directors. report) {¢onUnu•d)
Year ended 31 March 2024
Stru¢tw•. 9￿•man¢+ and m•n•g¢rnenti¢oft*nw
Oryanls•llonal stru¢lurn
The charity has a board of trustees who meet regularty, on a frjrrftai and informal basis, during the yeaT
are responsible for the SIrateg￿ direclion and pcdicy of Ihe charrty. Leisure United has one ptaee on the
board of its parenl charitable company The National Foottjall Trust and frequènt diswssions lake place,
mostly through the Partnefship Board and its ffteMbe￿. as a ¥ehKle to track pro9tsss and n￿lt￿r the
perations and rollout of the football hubs programrre.
Leisure United esIa￿lshed a committee funth"on. ueated main board of Iru51ee5 to provide addl￿onal
detailed scrLrtiny and overall Ccwfate direction. It can make b.mety dectsions whith has been invJluable
dufin9 an exceplional yeai. wheTe bolh the impacls of Cowd 19 and sKJnificant growth p)ssibilih"es have
required 9reatef busines5 fouJ5. Thi4 structure fits nealty into the ExecutNe Partnership Board where dear
reporting lines and ￿spOnSIb￿￿.es have been established.
The managemenl ofthe tharty is delegated to fvlanaging Director Executive Team.
The lasl 12 months have been unprecedented for Leisure United, with seven new Hub siles opening *ross
five l¢xal authonty areo$. and lumover increasing by 52% on FY23. 10 £8.5 million.
This rapid expansion from 11 to 18 $rtè$ has put Substa￿ resource strain on Leiswe Untrted's already
busy central team. At Ihe start of the year, the level of resource was considered at1equate to support the 13
opèrational ytes and ffive new openings expected by 31 March 2024. H￿ever, thè tèam has beèn faced
with some swnificant land ongaingl challerge5 in year {due to sKkness absence and vacanaesl, which ha$
led to some reslrucluring, path"culady to 5UPPQrt hèad office wth addilM)n¥l finance and hurnan resourc•s
capacity PLrt in one ofwhich has been thè apwntmènt of a rew Head of Finance and Resources.
Regional Management al operational level ha5 been established in low key areas. Notlh East, North
West. Sheffield. Central and South_
The Execuiive Consuttant has stepped in as iAteiim cfNef Ex￿lIve Otfw to oversee the management
and review of the organisat￿nal needs in Ihe absence of the Managin9 Dirè¢ior and subsequent forward
stru¢ture lmpjemenlalic￿.
Relat•d partie
The Trust receives management ￿lsUltanCY from DGEMS Ltd of which Mr D Gallagher ts a Director and in
Ihe pri¢x yeai SQ1 Management of which Warren (intèrim CEO) 1$ a Diredor. The Trust also
receives marketing support from Blue D&vn Piclures whth is controlled by a dose family member of the
k•y manag•merrt personnd.
A board meetin9 was held on 8 October 2021 al which rt was voted lo become a member ol The National
Foott￿lI Trust. As a consequence Leisure Unrted has bÈ¢tsrnè the OPBTalw)nal arm of NFT and is now a
subsidiary company of NFT.
Any related paty trar￿acI10nS we i*scfosed as requ*ed in thè to thesè fin￿￿#1 stalements.

Leisure United
Company Limited by Guarantee
Trustees, annual report lincorporating the directors. report) {¢•n#Due
Year ended 31 March 2024
TNst•es' mponslbilitles ¥latemEnt
The trustees {who are also **"rectors for the PUFposes of company lawl are respons￿1• for preparing Ihe
trustees. report and the financial stalernents in awdance wrth applicable and United Kingdom
Accounting Standards {Unsted Kingdom Generalty Afxepied ACCou￿1n9 Pracbcel.
Company law requires the trustees lo prepare fmancial stalement$ fof each finanrial year. Under company
law thè trustees must nor approve the financial slatements unless they are sah"5fied th3t they give a true
and fair view of the state of affairs of the charitable ¢xJmpany and of incoming iestsurets and appliealion
ol resources, I￿uding the income and expendi￿1¢. of ts charit•bJe company for thal period.
In prepariro these financ4al ststements. Ihe trustees are requtf¢d to."
sel8Ct surfat4e ￿oUntIng Oioes and then appty them cC￿$1$tenlly.'
ob5er¥e the methods and principles in the apph"Ca￿ ChaNies SORP..
make ludgmènts and #C￿1n11￿J estimates that are reasonable *)d pn￿1..
slate vthether aWicat4e UK accounting standard5 have been folowed. subject to any materi
departures disc40sed and explained in the financ4al st*ement$.
prepare the financial statements on thè goin9 ci)n¢em basis ￿lesS it is inappropriate to presLwne Ihat
the charilable company YMII contsnue in OPETatitin.
Thè trustees are resp)nsibk for keeping adequat• acuuntsng Ihai th"$clo$e wth reasonable
accuracy at any b.me the finanrial p05rtion of the charity and enable Ihom lo ensure that thè financial
statements compty with thè Compartles Act 2006. They are also responsi￿e for safeguarding the assets of
Ihe chanty and hence for taking reasonable steps for the prevtrfion and detection of fraud and other
iri*9ularrfies.
Auditor
Each of the person5 who is a ¢Jrector al the date of approval of Ihrs rtport ¢onfirms that..
so far as they are aware. there 1$ rn relevant audit ryrfonnation of which the charity'$ auditor 1$
unaware.. and
they have iaken all sleps thal they oughl to have taken to make themsefves aware of any relevant
audit informabon and to èstst4rsh that Ihe audttor is aware ol thal infomat•)n.
The audiloT is deerned to have been re-aFoointed in accordan￿ wilh section 487 of the Companies A¢t
2006.
Sm•ll comp•ny provisions
This report has been prepared takn.rtg advantage of the small companies. exempli￿) of section 415A of the
Companies Act 20(￿.

Leisure Unlted
Company Limited by Guarantee
Trustees. annual report (incorporating the directors. report) (coJthiu•dJ
Year ended 31 March 2024
Thè trustees. ￿n￿al repjft was apwoved on P2..W..t*r.*2.4
trustees by-.
. signed on behalf of Ihe board of
Ar D J GaNa9her Ichaimanl
Tnjslee

Lelsure United
Company Limited by Guarantee
Independent auditorfs report to the members of Leisure United
Year ended 31 March 2024
Opinion
We have audited Ihe financial slalements of Leisure Uniled {lhe'than￿ ￿ the year ended 31 March 2024
which comprisè the statemènt of fin8nrial a¢IN￿e$ lindudiThJ income and expendil¢Jre account), balancè
sheet, statement of cash lI￿S and Ihe related notes, indudrng a summary of signffj￿3nl accounting policies.
The financial reporting framewoth thal has been appl￿￿ in th*"r prèparation is ap￿1¢able law and United
Kingdorn A¢counling Standards. induding FRS 102 The Financial RePo￿"n9 Standard applicablè in the UK
and Republic of Ireland (Unrted Kingdom G•neralty Acwted Accounting Practicel.
In ¢Jur opinion the finaTh>￿ statements..
give a twe and fair view Df the stale of chawity5 aftairs a5 al 31 Marth 2024 and C*1 its incoming
resources and athicab.on of ftsoui¢¢$. indudin9 115 incrxne and expendilure, for the year then ended,.
have been properfy yepared in acc¢ydance with United Kingdom Generally AcceFled A¢counting
PTa¢lice',
have been prepared in accorda￿ the WLNrÈments ofthÈ CThnies Act 2((6.
Basis for opinion
We conducted our audit in aceordancè vMth Intemational Stsndards on Auditing (UK) IISAS IUKII and
applicable law. Our res&M)nsiblilies under Ihose standards are further described in the audilorfs
responsibilities for the audit of the frnancaal statements Sect￿ of our report. We ale independent of the
charity in accordance with the ethical requirernents Ihat are r*vant lo our audil of the financial statements
in the UK, including the FRC'S Ethul Stan¢Jard, we have ￿￿lled our other ethical responsibilitses in
accordance wrth these requifemtnt5. WÈ believe th* the audit evK*nce we have obtained is suificiènt and
appro￿ate to provide a basis for ow opinion.
Conclusions relating lo going cone•rn
In audits.ng the financial slalemenls. we have cOr￿￿ded that the Irusieè$' use of Ihe going concem basis ol
accounting in the wèparatw gf the financial statements is appropriatè.
Based on the work we have perfom)ed. we have not identtfied any matèrial uncèrtainties relating to events
or conditions that. irtsltwdualty or conectivety. may casl svJnfficant doubt on the charty's abrlity to continue
a5 a going concern for a pfrnod of at leasl twel￿ morrfhs from when the financial statements are authorised
for issue.
Our fesp0ns1tsl￿es and the responsibli rt*s of Ihe trusteè5 wilh respect to going conc•m are deser￿)ed in
th• relevant sectic￿S of this reporL
10

Leisure United
Company Llmlted by Guarantee
Independent auditorfs report to the members of Leisure United (¢onllnuedJ
Year ended 31 March 2024
Other Infommtlon
The olher information comprises the rnfom)alion induded in the tr¢Jstees annual report. other than the
finanryal slaiements and our audilorfs reporf Ihereon. The Injslees a￿ responsibk for thè othèr information.
Oui opinion on the ffinanual ststements doe5 Th)1 cover Ihe other information and, except lo Ihè extwrt
otherwise expliulty stated in our ieport. we do not express any fomi of assurance conclusbon thereon.
In connection rwjr audit of the ffinanaaf statements. ￿$[￿SIbIlIty 15 to read the olher infomiation
and. in doing so. consider whelher Ihe other inf0mlat￿ is materially inconststenl ￿th the financial
Statements Of our knowledge obtained in the audit or otherwise appears to be materially misstated. ff we
identrfy su¢h maierial incon5iSien¢¢e5 or apparent material mi5sfatements, we are required to d•tem)ine
véhelher Ihere is a material misstalemenl in the financial statements or a malerial mi5Statement ol the other
information. If, based on Ihe Wofk we have perlormed. we condude that there is a material misstatement of
Ihis olher information. we are required lo report that fact.
Wo have nolhing lo repcHt in this re9ard.
Opin5ons on oth•r matkrs prescrlb•d by th• Compani•s Aet 21106
In our Op￿10n, based on the woth urthrtth in the ciyjrse of the audit
the infomiation given in thè trustees. repon for the year for whith the financial ststements are
prepaied is Consistent wrth the financial stalemènts,. and
the trustees. report has been prep¥ed in accordance aFWieable1¢gal requirements.
Matt•rs on which w• ar• requlred to rèport by •xc•ption
In the light of thè knowledge and understanding of the thwity and ils 8nNironmenl obtained in the ¢ourse
the audit. w• have not identified material mr5$1atem*nts truslees. re
We have nothing to ￿port in respect ol f01kn￿"n9 malters in relab.on to whi¢h the Companies Act 2(M)6
requires us to report to you rf, in our opinion..
adequate accounting r￿rdS have not been kept. or retums *Jequate for OUT audit have nol bgèn
re¢eived from bian¢hes not wsited by us. or
the financi￿ statements am not in agrÈ¢menl with thè acctsunting records and retums.. or
certain disdosures of trustees, remuneration $pe¢ified by law are not made.. or
w¢ have not rec¢ived all Ihe infowrnalion explanations we requKe for our *Jdit,' or
thè tnjstees werè not enW lo prepare Ihe fin8nud statements in accordanee wtlh thè smaH
mpanies regirne and tske advantsge of the smau compaTMP5' exempl10r￿ in preparing thE directors.
report and frorn the requirement to prepare a strategic ￿pOrt.
11

Leisure United
Company Limited by Guaranteo
Independent auditors report to the members of Leisure United {¢onthts¢OJ
Year ended 31 March 2024
R•sponsibiiltt•s of trt￿tIes
As explained more fulty in Ihe trustee5' responsibibtie5 Statemenl. the twslees (who are also thè tlirèctofs
for the purposes of company lawl ale responsitk for the prewation of Ihe financial statements and for
being satisfied tha( they give a true and fair view. and for suth internal control as Ihe tnjstees detemine is
necessary to enable the preparntion ol finanGial stslements that we Iree from male11￿ misstatement.
whelher due to fraud or error.
In preparing the financ￿1 slalemenls. Ihe trustees are responsiNe for a$sessing the charity's abilrty to
¢ontinuè as a going concem. disclosiryJ, as apwicable, malt*s related 10 90ing ct)ncern and using ihe
going toncÈm basis of aco)unting unless the tnjstees erthei intend to INuKlate the ¢harity or to ¢eastr
operations. or have no realistic 8ttèmative Iwt to do so.
Audltorfs r•sponsibllili•s lor th• audit olthe f•nancial statements
Our objeclives are ts obtsin reasonable assurance about whether th¢ financial statements as a w￿)le are
freè from material misstalemenl, whether due to fraud or èrror. and to issue an audilorfs report that includes
our opinion. Rèasonable assurance is a high level of assurance. bLrt is not a guarantee that an audil
conducted in accordancè wrth ISAS (UK) WIN ahvays delect a material misstatement when il exists.
Misstatements can arise trom fraud or error and are considered rnateri￿ if, indiwdually or in thè aggwegate,
they could ￿asOnab￿ te expected lo influ•￿& th• ¢wThii¢ deu"$h￿S of users laken on the basis of thesa
finan¢ial staièments.
Irregularities. including fr8￿1. are instances of noTrcompf￿nce with lays and règublion$. We desi
procedures in line with our responsibilities, outlined al)ove, to detect material misstatemènts in rèspèct of
irregularitie$, induding fraud. The extent to which ow procedures are Capab￿ of detectbng irregularities,
including fraud is detailed bdow".
Enquiry of managernenl and those thafged wilh 9ovwnan¢e to confim Iheffj are no instsncos of fraud
or D￿-¢0￿FIl0Th¢e wilh and wulalion5.
Review of key accountirtg e$tim4tes, lo ensuTè reasonable and no siws of M￿ageMent bia$.
Review of disdosures wilhin the financ￿ statelnenls and vouching Ihese to suppoth'ng doeumenlalion
lo ensure compliance wth ap￿iCable laws and regulab"ons.
Performing audrt work over the risk of management overridè of control$. indudrng testing of joumal
¢ntries and other adJu5tmenls for appropriaieness. evaluating the rationale of S￿￿￿Kant Iransacbons
QLrtside normal course of a¢tivib'e5 arKI reviewing accounts esbfflate$ for bias.
Because of the inherent limitatsons tsf an audrt. there is a risk thal we will nol detect all irregularities,
including those leading to a malerial misstaltment in Ihe finanrial statements OT nor￿ComplIance with
regulalion. This risk increases Ihe rn￿e that complian¢e wrth a law or re9￿atIon ts removed Irom the events
and transacligns reflected in the financial statements, as we will be bÈss k.kely lo become aware of instances
of non-compliance. The risk is also greatei regarding irregulantiÈs occufflng due to fraud ralher than error,
as traud involves in1ention￿ CO￿arMent. loigery, collusion, omission ￿ mi5representat￿Tr.
12

Lelsure United
Company Llmited by Guarantee
Independent auditorfs report to the members of Leisure United (¢OMlnu•dJ
Year ended 31 March 2024
A further descriptlon of our resp0ft5ibt'irties for the audrt of the financial statemènts 15 l¢xated on the
Financial Reporting Counol's web$rte ai whvw_fr¢.org.uklaudrtorsresponsibtlfoes. This desciiption forms part
¢1 tsjr all￿1t0￿S report.
U$e ofour roport
This reptyrt is madè solèly to the tharity's members. as a body. in accordance wrth Chapter 3 01 Part 16 of
the Cornpanies Act 20(￿. Our audrt work has been undertaken so that we mtht state to ￿ eharity's
members those matters we ace required to state to them in an audrtorfs report and for no other purpose. To
the fullest exlenl permitted by law, we do not accept or assume fespon$ibilty to anyone Other than the
charity and the charity's members as a body. for wr audit work. kn this report, or foi the opinion$ we have
form8d.
Mark Prodor FCA OchA (Sermor Statuiory A￿j1{Or)
For and on behalf of
Lovewell Wake LLP
Chartered accountants & statutw au(lit
Bankside 300
Peathnan Vvay
Bioadland Bu$in¢s5 Park
NO￿l¢h
NR7 OLB
1711212024
13

Leisure United
Company Limited by Guarantee
Statement of financial activities
(includlng Income and expendlture account)
Year ended 31 March 2024
2024
2023
Unrestricte
fijnds Totsl funds
Total funds
Mote
In¢om• and ¢ndowments
Charitable activities
Other trading actiwties
Other in￿rne
6,074.074
2.413.443
38,312
6.074.074
2.413.443
38,312
4.059.799
1.529.602
17,191
Total income
8.52S,829
8.52S,829
5.606,592
Expenditure
Raising funds
Costs of other Iradirg adiths
Charitable acliwties
11.177,109) {1,177,1091
{744,9981
16.511.372) 16.511.372} {4,369,513)
17.688.481) (7.688.481) {5,114,511)
Total expend1￿r•
Net income beforn tr•nsfer of funds
837,348
837,348
492,081
Su￿tu$ Iransler lo pwt
14
1750.0281
(750.0281
110,0001
N•t mov•m•nt in lun
87,320
87,320
482,081
R•¢onciliation of funds
Total funds brought fr*n¥wd
Totsl funds carrled fonv4rd
1.859,LlJ4
1.859,004
1,376.923
1,946,324
1.948,334
1.859.004
Thè statement of financial aLkn"b"*$ irtludès all 9¥4ns and 1ts55es recognised in the year.
All ineome and •xpendrture den.ve from ctinlinLring xbyibes.
Th• notrs on pays 17 to 26 fomi wt of lh￿ finanG6al statements.
14

Lelsure United
Company Limited by Guarantee
Balance sheet
31 March 2024
2024
2023
Not•
Fixed assets
Intsngible 8ssets
Tangib￿ fixed assets
Inv•stsn•nts
15
118,914
70.858
.415
37.148
17
189.773
133,564
CunÈntassets
Slocks
Debtors
Cash * bank arKI in hand
11
19
58.916
370,245
2.326.7(
38.211
143.788
2,137,443
2.755.867
2.319.422
Creditors: Arnounts falling du¢ wlthln
on• year
{999.316>
(593,9821
Net ¢urr•Tht ass•ts
1.756,SS1
1.725.440
Tolal assets less Current liablliltes
1.946,324
1.859,004
Funds of th• charity
Uniestricted funds
1,946,324
1.859.fJ)4
Total chality fisnds
21
1.946.324
1,859.004
These financial statèments have been prepared ￿ aCC¥rdar￿ with the provisions applicable to companie$
subjecl to Ihe small companies. regime.
These financial ststem8nls were approved by Ihe board of Irustees and aLrthorised for issue on
?? Nmrnbera)24 aThJ ace signed on behalfof the board by:
Mr D J Galaghér (chaim￿nI
Trustee
Cornpany registration number.. ICKJ76004
Th• notes on page$ 17 to 26 forni part of thes• finan¢lal $l¥ternents.
15

Leisure United
Company Limited by Guarantee
ststement of cash flfms
Year ended 31 March 2024
2024
2023
Ca$h flows from op•rntlng ae1ivlti•s
Net income
837.348
492,081
Adjustnrents for
Depreualion of tangible fix•d assets
Transfer to parent
36.129
(750.0281
3.078
{10.CKJO)
Changgs in..
Stocks
Trade and other debtors
Trade and olher creflrtors
120,705)
1226,4771
405.334
{30.454)
{15.968)
223,889
Cash gen&rated from operab.ons
Net cash from operaling acbwbe$
281.601
662.626
281.601
662,626
Cash flows from investing •ctlvitl•s
Purd)a5è of tangitAe assÈt5
Purchase of intangible assets
Net cash used in ￿veSting adiwties
(69,8391
122.4991
140,226}
196,4151
1136,6411
192.3381
Net incrèase in tash and •quivalents
Cash and Cash equivalents at beginning of y•ar
Cash ¥Jnd cash equlvalents at end of y•ar
189,283
2,137.443
525.985
1,611,458
2,137.443
2.326,706
Th? on pag•$ 17 10 26 forni part ol th￿• finaneial $tstemerts.
16

Leisure United
Company Limited by Guarantee
Notes to the financial statements
Year ended 31 Mar¢h 2024
Gen•rnl Inlomwknn
The charity is a pU￿1C benefit entity and a private c4Jmpany limited by guarantèe. registered
England and Wales and a règistered ¢hanty in England and Wales. The address of the registered
office is SGP Graves. Bochum Parkway. Sheffield. S8 8JR.
statement of complianc•
The charrty ￿nS￿"tUte$ a publ￿ benefft enlity as deffined by FRS 102. The finan¢iai statements have
been piepared in accordance wth A¢counb"ry and Reporting by Charities". Statemènt of
Recommended Practice applicable to charfi"e5 preparing their accounts in accordance with the
Financial Reporb"ng Standard applicable in the UK and Rèpublic of Ifeland issued in October 2019, the
Financial Reporting Standard applicable in Ihe United Kingdom and Republic of Ireland IFRS 1021, the
Chafilies Act 2011. Ihè Coffwanies Act 20C6 and UK Generalty Accepted A{￿U￿tIng Pr8¢tice.
A￿oUnting policies
{al Bajis of preparntion
The financ￿1 statements have been wepar¢d ¢)n Ihe historical ￿$t basis.
The financi￿ siatemem$ are prewed in sterting. which is the functional currsn¢y of the ¢Mity.
Ibl Golng ton¢•m
The financial statements have been prepared on a going cor￿eM basis as the trustees believe that no
material uncertainlies exist. The Irustees have ¢￿S￿leTed Ihe level of funds held and Ihe expecled
level ol income and expenditure for the 12 months from aUthori￿n9 these financial statements. The
budgeted income and expen(hlwe 1$ suifKa"ent with the bevel of reserves kn the charAy bè to able to
¢onlinLre as a going con￿rn.
Thè charrt￿$ reseNes havtr wib.nued to increase followi￿j the year end and trading throughoul the
2024125 season is anbupated lo be $tron9.
{¢) Consolidation
The charity is not required lo prepare consolidated accounts in accordance with the Chafilies Act
2011. as)d has taken advantap of ihe opts.on not to prepare ujnsolthted financial stslemertts
contained in Sèction 398 tyf the Cornpanie5 Ad on the basis thal the ehanty and rt$ sub$idiary
L￿dertakIng5 comprise a small grw).
{dl Fund a¢¢ountin9
un￿StriCted fvnd$ are for use at the dI5￿￿On of the Iwsttes to fvrther any of the chari￿5
purposes.
17

Lelsure United
Company Limlted by Guarantee
Notes to the financial statements
Year ended 31 March 2024
Ae¢ounling r¢vn¥nwd)
l•) Incom•
All income is inc4uded in the 5tatemenl of financial activities when tnb"tlement has passed to the
charity. il is pfobable that the economic beneffts assocgated wrth the transaction will to the charrty
and the amount ran be reliably mèasured. The follwng sp)ecrfic polioes are applied lo particular
cat•goriè$ of incomp."
Income frorn trading activilies indudes income earmd from #¢trvrfi*$ lo raise lund5 for the (*arity
and 15 Tpcognr5ed when enlillemenl ha5 oLuirred.
Income from tharitable a(*Vit￿ fftccrfn• earned from (*arilable a¢tMties and 1$
re￿nised when entdlement has cwjrred.
lftcome from grants. whefe relattd to performance and SFecifK delivefables. are accountgd for as
the chaTrty earns the right to con&deration by ils Fwformance.
ffj Expenditure
Expenditure is recognised on an acuuals bashs as a liabilty is incu￿ed. Expenditure indudes any VAT
which ￿nn0¢ be fully recovered, and is dassffied under headings of the sialemenl ol ￿nancIal
actnHti"•$ lo which rt r•late$:
ExpetKliture on charitable acti￿lieS irKludes all costs inwed by a GhaTIty in undertaking actiwties
thal fvrther its tharitat4e aims for the benefft of ils benefficiaries. ind(￿Ing those svpport costs and
ts relth"rwJ lo Ihe 9oveman¢e of the ￿￿Trty apporfioned to charitablè actmlies.
Oiher expenditure indudes all expendrture that 1$ related lo raising fvnds for the charity
nor part of 115 expenditure on charitable actiythes.
All costs are ￿k¢ated to expendAure ￿tegOrieS rellecting the use of the ièsource. Dir8Ct costs
attn'butabie to a single actNty a￿ auocaied directy lo that actiwty. Shared costs are apportioned
Iwe￿ Ihe activths they cwtitjute to on a reasonable. Mistifiab￿ and ctinsrstenl basis.
Igl Intsn9ibl• •ss•ts
Intsngible assets are initiany recorded at wst. a￿1 are subsequentty ststed at cost less any
accumulalad amortisation and impairment losses.
Amortisalion wll be charged on the ffinalisth.on oflhe debdownert of the website.
(h} Tanglble •¥sets
Tangible assets are initialty recorded al cost. aThJ $￿seqUent￿ slated at ¢o$t les$ any ac￿Mu181ed
{Jeprec￿ll0n and impaimpnt losses.
lil Depr•¢ialion
Depreualion is cakwl¥ted so as k) write off the cost or valualion of arh asseL less its residual value.
over th8 useful rfonom￿ Thfe ofthat assel as foThM.'
Motor vehicles
Equipment
33% straight line
33% 5tr4ht line
18

Leisure United
Company Limited by Guarantee
Notes to the financial statements
Year endod 31 March 2024
Accounting pojickns
li} Inv•slm•Dts
Unlistsd invèstsnènts aré inihalty rècorded at C05t. and subsequenlly measured at la'r valutr. If fair
value cannot be reliably mèasured. as$ds are measured al c4>5t less impairmenL
Stocks
Stocks a￿ measured at the lower of cost and e5ts"mated sel%ng pricè less ttssts to cornplele and sell.
Cost indudes all costs of purchase. c05t5 of conversion and olher costs Incurr￿ in bringing the stock
to it5 present bcalion and c(xthon.
) Flnoncial InslNments
A financial asset or a ffinanual ￿at￿l￿ is recowised th when the entity b9￿Me5 a party to the
contractual provisions ol thè instrumenL
Basrc financial instfuments a￿ initsaly recognised at the amount receivable or payabk including any
related transaction costs. unless the arrangement constitutes a financing tran5acb'on. where it is
recognised at the piesenl of the fLrture paymerts discount8d at a martèt rat¢ of interest for
simlar debt instrument.
Current assets and ¢xvrent liabiliiie5 are subsequenlfy Measur￿ at the ￿5h OT other consideration
expect￿ to b¢ pahd ¢r re¢eived and not discounled.
Limited by gu•rant••
The Company 1$ limrted by guarantee. kn the event of W￿dI￿j up, eath membw is liable to contribut•
a sum not exeeeding £1.
Ch•ritable aclivilles
Unreslricted Tot•1 Fynd¥ Lth1e5tr￿ed Total Funds
Funds
2024
Fund$
2023
Pitch income
Education incijrne
Gym memberships
Grant income
4,092.434
402.929
1.$52,361
26,350
4.092,434
402,929
1.552.361
26,350
2.955,832
302,334
801.633
2,955.832
302,334
801.633
6.074.074
6.074,074
4,OS9,799
4,059.799
Other tradlng athits
UNeslricled Total Funds Unrestrthd Total Funds
Funds
2024
Funds
2023
Calerin9 income
Other trading income
2.301,345
112,098
2.301.345
112.098
1.438.919
90.683
1,438,919
90,683
2.413,443
2.413.443
1,529.602
1.529.602
19

Leisure United
Company Limited by Guarantse
Notes to the financlal statements
Year •nded 31 March 2024
Other incom•
Unrestrbcted Total Funds Uniestricted Total Funds
Funds
2024
Funds
2023
Other inc(rfne
38.312
38,312
17,191
17,191
Cos1# of other trading activilies
UnTeslrirled Totsl Funds Unrestncted Total Funds
Funds
2024
Fund5
2023
Caterin9 costs
1.177.109
1.177,109
744,998
744.998
Expendliurn on Charltsbk aelivbti•¥
Total Funds
2024
Total Funds
2023
Unreslsi(tid
UThTestr￿led
Wages aThJ salafjes
Rates and water
Light and heat
Repairs and maintenance
Insurance
Equipmerf purchase
Telephone
Other office costs
Unrfomi
Lic•nces and substriplions
Advertising and markeling
Support services
Depreciation
Bank charges
Governance costs
3.883.349
243.573
861.489
387,955
81,551
3.883.349
243,573
861,489
387.955
81.551
63,263
32,968
217.140
7,181
218,143
180,077
81.375
36,129
198,829
18.350
2.733.883
141.5S4
471,271
252,463
5.276
29.828
29,480
153.540
2.813
159,469
121.308
134.520
3,078
119.958
11.092
2,733.883
141.554
471.271
252.463
5.276
29.828
29.460
153,540
2.813
159.469
121,308
134,520
3.078
119,958
11,092
217.140
7.181
218.143
180,077
81,375
36.129
198.829
18,350
6,511.372
6,511.372
4.369,513
4,369.513
Analysis of Gov•rnance costs
2024
2023
Audit fees
Priof year over accrual
Other non-audit serwces
17,8SO
16.300
{5,2081
500
18,350
11,092
20

Leisure United
Company Limited by Guarantee
Notes to the financial statements (con
Year ended 31 March 2024
10. N•t incom•
Net in¢ome 15 $tsled after ¢hwgintyluw*ling):
2024
2023
Depreciatson of langibl• ffixed ass¢ts
36.129
3,078
11. Audllors remuneration
2024
2023
Fees payable for audit
18.350
11,092
Oiher professional Services
345
12. St•ff cmts
Tolal slaff eosls and emKAoy¢e btnèffts for Ihe reporting Feriod we analysed as fdlows..
2024
2023
Wages aThY salaries
Social security costs
Employer pension costs
3.384.842
238,279
160,444
2,405,528
175,482
88,651
3,783.565
2,669,681
Self employed instrL*Xors
99.784
64,222
3.883,349
2,733.883
The aVer￿e number of persons empksyed by the charity dufing Ihe year amounted kn 214 {2023". 159)
The number of employees that received ernoluments in the folbxing band$'.
2024
2023
£60,000- £69,999
£9).000- £99.999
£110,000- £119.999
£120,000- £129.999
The key management personnel of the chanty comprise of the Managing Direclor, Director of
Operations. Executive Ctsnsuttant, Head ol Finance and Re$our¢es and Head of Business Systems.
The lotsl employee beneffts of the key management personnel of th¥ tharty were £578.871 12023..
£487,426 ￿latIft9 to fve employees). In Ihe prTh the Executive Consultant aso proyided mana9effient
consultancy services fewving fees lotatling £5.415. no consuhancy was provided in the Guirenl year.
detailed on note 24.
21

Leisure United
ompany Limited by Guarantee
Notes to the financial statements (tMtiMI•
Year ended 31 March 2024
13. Trustee r•mun•ration and •xp•ns•s
other than that noted in note 24. Trj ommeralion or (Ah•r benefiis from emplgym¢rbt with the thaTity
wer• recèived by the trustees.
One trustee had expenses tOtal￿g E3.529 12ff23: £1.603} reimbutsed for tsavel aTrJ subsistence
costs.
14. Surpl￿ transfert• parent
2024
2023
Surpfus tr￿$f
750.028
10,OLKs
At the year end the Trusl commrfted £750,028 12023.. £10,WO) to the parent company as
conlritrwlion lowards adrninistratKyn costs incurred and sirthing fvThJs lo be established by the PaTent.
1S. Intan9iblo •ss*ts
ebsite
development
Cost
At 1 April 2023
Addrtions
96,415
22.499
At 31 N1*￿h 2024
118.914
Amortisatlon
At 1 April 2023 and 31 March 2024
Carrylng amount
At 31 March 2024
118,914
At 31 March 2023
96.415

Lelsure United
Company Llmlted by Guarantee
Notes to the financial statements
Year ended 31 MarGh 2024
16. Tangible fixed Jssets
Motor
v•hicl•s Eq4tlpn*nt
Total
Cost
At 1 April 2023
Ail¢Jrts"ons
18,468
21,758
69,839
40.226
69.839
At 31 Marth 2024
18.46B
91.597
110.065
D•prtciation
At 1 April 2023
Charge for the year
At 31 Ma￿h 2024
3.078
6,156
3.078
36,129
29.973
9.234
29.973
39.207
C•rying amount
At 31 March 2024
61,624
70,858
At 31 March 2023
15.390
21,758
37.148
17. In¥￿I￿rtts
Sharns in
group
undertaking
ost or ¥4lu•tioTr
At 1 Aprll 2023 and 31 M•r¢h 2Q24
Imparrnlont
Al 1 April 2023 and 31 Mareh 2024
Carylng amount
At 31 March 2024
Al 31 March 2023
All inveslments shown above are held at valuation.
L￿SUre Unrted Entwwises Lirnrted was WKx>rporated on 28 March 2021. the ryny is a wholly
owned subsidiary of Leisure United. The company has been d0Th￿l from date of inco￿Oration lo 31
March 2024 and has net assets of£1 beJ"NJ ]￿.￿ Share capjtal.
18. Stocks
2024
2023
Items for resale
58.916
38.211

Leisure United
Company Limited by Guarantee
Notes to the financial statements (eoDWowo)
Year ended 31 March 2024
19. Debtors
2024
2023
Trade debtors
Arnounls owed by group undertakir@$
Prepayménts and accwed irKome
Olher d¥btors
59.523
301,318
98,164
45.604
370,245
143,768
20. CTrditoTr:.Amounts faling due wSthin one y•ar
2024
2023
Trade credilors
Amounts Owed to group undertskings
Social security and other taxes
Accwals #nd defeThed incorne
Othef creditors
373.779
187,216
7.436
los,￿)7
281,324
12.099
84.812
517.897
22.828
999.316
593.982
2024
2023
Oeferred income brought forwaTd
Released durin9 the year
Deferred dLrriThJ the ye¥
Deferred income caffied forward
52,480
110.7711
114,(
16,890
116,8901
52.480
155,709
52,480
Deferred income relates to lunds ￿tived to be offset against fubjre costs of grass pitch m*ntÈnan¢e
8nd a li¢en¢e fee pwd in advance future penods.
21. An￿￿1$ of charltsbl• lunds
At 31 M*th
2023
Surplus At 31 March
twsfer
2024
Income Expenth"iure
General funds
1.859,004 8.525.829 17.688.481) (750.0281 1,946.324
Yèar ended 31 March 2023
At 31 March
2022
Surplus At 31 Mareh
transfer
2023
Income Expendit
General funds
1.376.923 S.6C6.592 15.114.511)
110.000} 1,859,004

Leisure United
Company Limited by Guarantee
Notes to the financial statements ¢￿ti￿￿e
Year ended 31 March 2024
22. Analysis ot n•t a$￿ts b•lw•en lunds
Unrestricted
Totsl
funds F￿￿1$ 2024
Fixed assets
Investments
CuTTenl assets
Creditors less than 1 year
189,772
189,772
2.755,868 2.755,868
(999,317) 1999.3171
1,946,324
1.946.324
Y¢•r ended 31 Mar¢h 2023
Unrestricted
Total
fvnds Funds 2023
Fixed assets
Invèstments
Current assels
Creditor5 less Ihan 1 year
133.563
133,563
2,319,422
2,319,422
1593,982} 1593,9821
1.859.004
1.859.004
23. Analysis of chang•s in n•t d•bt
At
At
1 April 2023 Cash fl¢)ws 31 Mar¢h 2024
Cash at batsk and in hand
2.137.443
189.263
2,326,7(
2S

Leisure United
Company Limlted by Guarantee
Notes to the financial statements (cunWrn•dJ
Year ended 31 March 2024
24. R•latsd partl•$
During the UJTrent and previc￿S ygar folh)win9 related party transaclions were underlaken..
The Trust received administratw ar¥J management $upwt frm) DGEMS Ll¢J of which Mr D J
Gallagher is a director.
2024
2023
DGEMS Ltd
Administfalion and management support
26.OCQ
18,0
The Trusl received administralim and rnana￿ suppryt in the ￿0T year from SQ1 Managemgnl
whith 1$ ￿￿olled by Mr W Oryner(MJ (Exeojtive Consuttart ofthe Trusv.
2024
2023
SQ1 Managèment
AdmirN$trat￿n arKI management swort
5.415
The Trust received m¥rkeb"ng support frrAn Blue Dawn Pictures whicth is controlled by a close farn￿Y
member of the key management pprsonnei.
1024
2023
Blu• Dawn Picturns
Marketing support
21KJ
25. Ultimat• parent Company
The imrnediate and ullimate parent Company of this Company is The National Football Trust. a
registered charity {11848251 and a company limited by guarantee {115355261 registered in England
and Wales.