Charity registratlon number 1 175362 Company r•glstraUon number 09301164 IEngland and Walesl JESMOND DENE REAL TENNIS CLUB ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 JESMOND DENE REAL TENNIS CLUB LEGAL AND ADMINISTRATIVE INFORMATION Trust••s [* PAAvefley K4r WM H(p￿rd Mr RJ Ma¢Nister MrAR sa￿le￿% Mr DJ SFxJrfir¢g Pfofessor JL Ta￿or MrR￿k Charity number 1175362 Company number 09301184 Principal addre8$ fvlatthw4 8&)k Nvweaslle upon Tyne Tyne and Wear NE2 3RE Independent examiner RobsLX) Lahller Accwntants Limited Jesrnnd Newcastte utM)n Tyne Tyne and Wear England NE2 1TJ JESMOND DENE REAL TENNIS CLUB CONTENTS Trustees. reF lrn*pendenl exami￿￿$ feptxt Statemenl of financ￿1 acbwrt￿s Balance shoet Notes to Ihe Iinanual statements 8-15 JESMOND DENE REAL TENNIS CLUB TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their arTh4 rermyl and hnanoal slatement5 lor Ihe yEar ended 31 Marth 2024. Th8 fin*)eial statements have be•) PFep¥ed In x(ax(￿ with the aC￿￿ntsry policies sel out in note 1 lo the financial statements comply with the chanty's governirvj document. the Compawes Act 20[6 and 'Accounth'ng and Reporling by Chaiibes. Staleryent ol Recommended Pfactre aptA￿￿le lo charrtte5 preparing Iheir actounts in accordance with thè Financial RÈKKxtw St￿d¥r phwng Real Tennrs To crnserve preserve ènd Imk¥ove the benefit as buth*ngs of h￿t0￿ interest the Real TenTh5 Court and use at Matlhew Bank Je3rT￿nd Dene R¢)wJ. N￿lCaSt￿ Up)n T￿tt NE2 3RE and lo edueale the pubh¢ about the story and heritage buldrys. Publk benelit The Trustees have consulted Ihe gUKlar￿ made avadatAe by the Charity ComnM&*im lor England and Wales on the publ￿ Benef1t requIre￿nI of Ihe Charrt￿5 Acl. The Trustees are confident that they have compl*d with their duty under Ihe Charrtw Act In thal have Ipd due r8gawrJ to b￿[11 pu￿1$he￿ by the Commission Achievements and performance Playing Real Tennis ReFthing on Ihe year to 31# M¥eh 2024 we see Ihe oPerat￿n ol Ihe a5 bwng-rnrmal" for the fiF5t tsme since 2019 In suc￿SSive years we have erKJured Ihe ￿-Off pl3￿ng eftects of the covDJ parwjemic as as pericvjs where playing has been suspeThled as we have embarked on tmpro¥èmÈnts to Ihe court itsell aNJ other facihli&s such as changiry rooms. the Dedans soeial area and ￿fraStsuc￿re In many ways. th￿ Is the culmination ol the Club s strategy to acqL*re the frethL*I trom NevKasUe City cou￿1 m 2018 our c¢)rnnThtrn￿t lo rest￿e the Court to rts torrnET glc*y In IM￿y￿g thal the year to 31% Marth 2024 has tq¢n some Wa￿ 8 knè14 nCM￿I- I￿l￿dUat playing patterns have thanged probabky reL4ted lo Ihé trènd ol w(xkirKJ trom ￿Me. wrth m￿e bookings on weekdxys. and ftt¥er al weekends. TINS ts now prov￿Ing scope fcf matches. tournaff￿t5. elc al weekends Like all swrts, Real T￿niS seeks to attrad Ihe ￿ayerS ol the fulure Wrth support llom the Dedan151s Foundation and thè Club ttself. we are pyomobng Iivety a¢ti¥nt*s for Lmlve￿ty Students ai Durharn ar)d Newcastle, iyilh a owih focus on Ihe other un1vW￿lieS area. The tradilitx)al m(x1el of club membersttip Is ev0￿ng over many stxv15, and so we have been piomoting an approach lo membershp whith involves a s¥* monthty paymenl %*+¥ch enab*s as rT)vGh pby as Iphy51rollyi ssible for no extra cost. Ths B wovmg aiiwINe to Ixtt the wcept ol annual subsuirrtion plu5 8 charge lor 8ach g￿e played prevals. JESMOND DENE REAL TENNIS CLUB TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Safeguarding the Real Tenni¥ Court The Jesmond Dene court LS conspJered to be one of the best ccrflstructed in the w)rfd. It was built by a labubjsly vealthy Indusliial6t In 1894 with what Seems to have been a -m¢yEy no Dbject" apprDach Arthitecturally Ihe eryjrt buildiro is a gem and thè quality of thè ¢niÉrnal play¥¥J SLtrfaces Is ol "Rolls Roire standard. The Truslees and membership as a whole are aware of res￿￿￿1b1lrt￿s In $8feguardiry the bulding for the nder comrnunily and just the ardent ￿ayerS ol Real Tennis Dumg the year, further works hawe been undertaken lo Improve the InlraslnKlwe of Ihe Lyjiklng We wait palientty for Ihe day when Ihe Court 15 no lorrtJer surrounded by a WI￿eme5$ as Ihe Council Is swce5sftJl In *ling the surrowKliThJ iqnds l(x development The Club's ownership of the freehold Is SL5ch that Ihe w8sence of the court buildng and 115 a¢￿sS will be enhanced by the eventual develowllent of the sile In the mea￿tt￿￿. small b¢Jt imp)rtant acces5 improvements have been carried out We participate n varujs hentage day5 and wekryne a number ol l)cal hL$t¢￿, communty and walk￿g groups to admire the Court and catch a glinye of Ihe at times intricate cryinal "bat and ball. game kncw/n 8s Real Tennis LFkewise we w&kome visits of sch(M)I students lo the history. archileclure game - and pwhaps calctt the playiry bug. Financial r•vi•w Our accounts reV*ct the nwrativè above n that core 'tr&¥u)g as a real tenThs club Is satisladory wth operating Income eoverirKJ operatin9 expenditLwe. ho*ever It is feeognised thal new rn*mbers musi be attracted to the yame to wrTpen5ate for the eventv*ity of longer-slarKJry merrtjers bery alje lo tAay rv) k)nger A specific role of gr(Ming mèmbership Is to be Identi1￿ 31 Board level lo supporl the efforts of th8 aub Prolessic*￿l The Club Is Indebled lo Quee*>sway Dental ar￿ several generows nEmbefs for their corrt1nu￿9 financtal support To en5Ltre ihal playing Real TenThs ￿ Ihrs arthitectural gem &￿tinUeS for decades lo come. earty ¢￿￿K]eratic￿ Is in h8nd to provide for the renewal ol the rrKf. wrth the capilal Inve51rvent that wll entail structure, governance and management The role of the Board is summansed as being resp)wble f￿ managw Ihe Resources. Regulabon. Risk. Roputathckn and R051lien￿ ol Ihe Chanty The Board establishes a busness plan and tr￿￿get for each rf￿berShip year to September) In ensunng financial viability. the Board sets membership lees and cowt usage tharges Board Is responsible for empk)yment mattérs. Bo&rd ss Support￿ by a Tenfms Cc¥nmittee wthich musl contain at least tsvo tru51ees p￿$ tsther ￿n-t￿slee mbers. The Club Professional. Cbjb AdrninLstrator are memb8rs of the Tennis Cc*nmsttee Thè primary wrpose ol the Tenn15 Crynmiltee 15 10 51eer ttte ￿a￿ng and deV￿C￿￿nI of the garne of Real Tenn15 In terms of dub FAay. loumaments. matches. coachirwJ and general develoF*nent of the sF¥)rt. A scheme ol delegalK)n from Ihe Board @￿St5 to enable the Tennis Cthnmittee lo ltslfil Its rdÈ An annual Gewal MeeJrKJ is hekl where the Slatutory are presenled aTrJ memters wishing to be considered lor roles as Board Trustees or Tennis Committee mefnbers aro ￿e￿I￿Od. The a¢hvavemer)ts anLI any areas of concern rnay be discussed by the membership at this meehrlg JESMOND DENE REAL TENNIS CLUB TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The Iruste8s. who are alsts the OirectOTS for the pwp05e of ccffipany kn. who served dwry yew and up to the date of signalure of ￿ finanual slatwnenls were. Dr PAA¥8rfey Mr Wlvl Howard Mr RJ MacAli51er Mr AR Sanderson Mr OJ Spurting PrDlessor JL Taoor Mr R Zack The Irustees, reKMyI was approv&1 by Bowd ol Tru5t80S. r Howard Trustee Date. JESMOND DENE REAL TENNIS CLUB INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JESMOND DENE REAL TENNIS CLUB I report lo the Irustee5 r)n my e￿m￿alKIn of the StsIen￿ts of Je5rTrJnd Dene Real TennL% Club Ithe chantyl for the year eth 31 Match 2024. Responsibblities and basis of report As the trusiees of the charily land also its dyeetors for the wrposes of cornpany lawl you are respongble f￿ the prepa¥atK)n of the financial slalement5 In the requirements Df the Companie5 Act 2006 (the 2006 I report In re5￿Ct ol my examinatK)n ol Ihe chwty'5 hnanual slaterTEnt5 cal￿ed out unde¥ section 145 of the Chanlies Act 2011 (the 2011 Act) In ca￿ing out my examinatr￿ I ha¥e loSi(Med all the applKatA8 Direction5 given by Ihe Charity Comm15s1￿ under sect*)n 1451SXbl ol the 2011 Acl. Indèpèndent examiners statsmènt I have comp4eted my exafflinalion l o)nlm Ihat no mattors havo come kn my alkntion n Connec1￿ with the examinati￿ giving me cause lo bel*ve thal In any material iespect. accountsng records were rY)t kept ￿ rèspecl ol the chanty as fgquirod by sethon 386 of the 2006 Act.. r the financtal 5tèlemellts (k) rwjl accord wrth tIKbse record5." or the financial statements do [￿1 comply with acctyJnbrrfJ requirements of sect￿￿ 396 of the 2006 Act other than any requirement that Ihe ￿CC￿Jn*S give a true and laif w•w N%thich 6 not o malter cDnsi(Sered as part of an Independent examination. r the financia staterr￿ntS havè pryèd n aeeNdance with the ￿thOdS and Fmciplès of th8 Slalement of Recommende¢ Pracbce for accounbng arK* reportirg by chanl+e5 applicabk lo ch&ril prepanng Ihew account5 In acoxdance ￿th Ihe Fin8no4 Rewts"ng appluble in the UK and Repiiblic of Ireland IFRS 1021. I have no wnwns and have come across no other matt￿S m C￿neC￿c￿ Ihe examwalion to attention shou￿ bo drawn In this report m order to ena￿ a Pfow ￿Jerstand¢rlj of the fin￿la1 51018rrents to be reached. 44• Nicholas C(Innryhar FCCA Rob$on LaidlerA¢coun¢ants Limited Ferr￿￿d House Fern%vwd Road Jest￿nd Newcastle upon Tyne Tyne and Wear NE2 1TJ England Dated 21-. .1()-. JESMOND DENE REAL TENNIS CLUB STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Currènt rinancial y•ar Unrestricted lund$ 2024 Total 2023 Notes Income and endowrnents from: Oonalions aThl legaues Charitable aC￿vi￿e$ Other trading acttvrtie5 Other income 7,460 53,293 859 4,355 52.304 2.540 Total Income 67.284 85,967 Expenditure on: Raising Iiinds charrtab￿ a¢bv￿o$ 2.770 2.741 86.597 Tolal expenditu 83.639 89.338 Net movement in lunds (16.3551 123,3711 Reconclllall¢n tsf fvnds: Fund balances at 1 April 2023 415.522 438.893 Fund balances at 31 Mafch 2024 J9.167 415.$22 The statement of financial a￿￿tte5 it￿￿leS all gains *vJ losses wntsed in Ihe ￿r. Al intDmÈ and expondilur8 derivè fron) cOntbnu￿9 athwties JESMOND DENE REAL TENNIS CLUB STATEMENT OF FINANCIAL ACTIVITIES {CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Pritir Ibnancial year UrRstricted funds 2023 Restricted funds 2023 Total 2023 Notes Income and endowment¥ Irom: alioDs and legacies Charitable activil￿S Other trading aCt￿ltIeS Other Irwme 7.460 53.293 7.460 53.293 859 4.355 Total income 65,￿7 Expenditur• on: Raising fun(Js ChaTilablE actiWt￿S 2.741 86,597 2.141 86.597 Total expenditure 89,338 Transleis be￿￿e@Tr luThds 30.811 I￿.811) Net movement in funds 130.8111 123,3711 RècontRlatlon ol funds.. Fur￿ batances ai 1 April 2022 408.1)82 30.811 438,893 Fund balances at 31 March 2023 415.522 415.522 JESMOND DENE REAL TENNIS CLUB BALANCE SHEET ASAT31 MARCH 2024 2024 2023 Fixed assets Tangible assets 12 388,554 4(X8.113 Curr•nt ass•t$ Slo¢ks Debiofjs Cash at bank and in harKI 13 14 503 8.78fj 11.473 9.617 11.987 20,742 21.7 CredltOTS= ¥mount$ falling due within onè yèar 15 12.1291 (2,3811 N•t cuNent a$sets 18.673 19.409 Total assets less Gurrent liabilitie 407.167 427.522 Credltors: amounts fhlling duè after more than one year 16 18.CO)I 112.0001 Net as$ets 399.167 41 5,522 The lurtds ofthe charity Unrestficled funds 18 .167 415.522 3￿.167 415522 The cornpany is entilled io the exerrOKn trom the aL*Yrt rywrement contary￿d in section 477 of the C¢xnpani8s Act 2006. loi ye¥ erKJed 31 Marth 2024 The dwectors a¢kno￿edge Ihew reS￿￿1b￿lts"es fcrf ojmpfying Ihrth the reyerrEnlS ol the CoMparMe5 Act 2fX)6 with respect to accounfry records and the prepaiatr)n ol financd slatsmenls. The rrombers have nol requmed O)e company to obtan an ￿KIll crf its finarKwl statements lor Ihe year In quesbDn in accordance wlh seelion 476 These financial Stalen￿15 have tseen prepared in aCtt￿dar￿ wrth Prov￿￿5 appth'cable to companies 5vbJect lo the small compan*s re9ime. Th8 frnanaal ststements were by the Iruslees Mr WM Howard Trustee Company regBtraknon ntsmber og301164 IEngL4MI and Watesl JESMOND DENE REAL TENNIS CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng Pol￿1¢$ Charity Inlomiation Jesmond Dene Real Tennis Club ￿ a pnvale c(Knpany limited by guoranlee Inwrpofatgd In Ewland a￿1 Wales. Thè regtstered ¢ifi¢e B Matthew B*. Jesmond. Newcaslle w Tyne. Tyne and Wear, NE2 3RE 1.1 Accounting cot)¥entlon The f￿a￿l84 51atenients have been wepared i) aeeordance ￿th the charity's governing d¢*u￿nt. Ihe Coryan￿s Act 2006, FRS 102 "The FThn¢41 RepK)rtsng Siarvjard applicable In the UK and Republi¢ of lieland- I'FRS 102.1 and CharilEs SORP -AccountsThJ and Reprxtsng by Chanbes Statement of Recorntllended P[act￿e applKable to thartes preparTrJ the￿ ￿CoUnt$ in accoroance wlh the FinancLg1 Reporliry Stsndard ap￿ical￿e m the UK RepublK ol Ir8land IFRS 1021- l•ff*ctNé 1 J•wary 20191. The charity Is a Ptjblic Benefit Entsty as defined by FRS 102 Tho chanty has tsken a(fvantsge ol Ihe wovtstyts In Ihe SORP Icrf thankn.es not lo wewe a stsiemenl of cash Fl¢yo The finanaal st*menls are prepared in sterlrg. whic*b ts the Iutscti(wl currency of the th¥ity. Monetary amounls In I1￿Se financ415talemenis we r(xNKknJ to Ihe nearost £. Th• fin￿0a1 statemènts have been prepared under Ihe histoncal eosl ¢onvenbon. The pnntspal ac￿ntIng kN)Iicies adopted are set ¢￿t beto* 1.2 Golng Concern Al the bmE ol approwng th8 finan£yal 5tatemersts. the tnBstees have a rea5wable expecl*ion Ihat the charty has adequate resources to (x)ntThJe in opefah"(M)aJ existèneè for foreseèablè futurÈ. Thus thè trvstees Itinue to adopt wng cc¥wn basi5 01 accrJJnts"ThJ fft prepafry Ihe financial statements. 1.3 Charfital￿e Unreslricled funds are avaiLable fvr use al Ihe d￿C￿e￿On of the twstees In lurtherance of their chailts￿E objectives RestlTCtEd fund5 are subject to 5pecffjc corKlthon5 by ¢*Jnor5 01 granlors a5 to how they may be used. The purposes and ol Ihè rèstnctèd ftjnds arè sèt wt fft the notes lo the l1rwci￿ stalemenis. End¢ywment fu￿ts are s￿￿"e¢t to SFecffic cfThjrt￿S by dcfftors Ihat the e4Jital must be maintained by the charity 1.4 Income All Incorne is reeognisèd thè StalÈmÈnl ol F￿￿￿la1 A￿￿"¥1￿￿5 Dr￿ the charity has en1118r￿t io funds. It wobablo that the wll be recewed arKI the wnount can be measurecl rellat￿y. 1.5 ExpendStuie abilities are recognised a5 expendrtUTe a5 500n a5 Ihere is a ￿gaI or wn5truthve obligalwJn wmmitting the charity to ihai expenditure. It is probatae that a transfef of ec(￿0m￿ bènÈfit5 ￿11 k rèquirèd In selllemènt and the amounl of the oblvJatsoD can be measu¥ed relkabty. Expendilure Is accountetj on an accruals basis and has been dassified under head￿gS that aggregate al c05t reLsted to the category Where c05t5 cannot be threclly alIn￿led to part¢uLaf he&Jrys thèy have been alkncate¢J lo *Nibès on a basis consistent wrth the Use ol re5¢x￿¥s. JESMOND DENE REAL TENNIS CLUB NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng ￿lIcleS (Continuedl 1.6 Tangbble flxed assets Tangible fixed assets are Initkqlty rne8s￿ed at eeAt 9Jbsequenlly measwecl al c05t or valuatign, nel or deprecwlw and any impairmBnl kjsses. DÈprecialM)n ts reu)gnLsed so as to write off thg cost or valJalK)n of assets le55 th2.rr rè%dual Yalues over their usèful li¥es on the lolkswrvJ bases Fvpehdd land and tyJildF￿s Leasehdd smprowernents Fsxture5 and fittings Computers YA straight linè stTaighl line 25% Stra￿ht hne The gain or k)ss artsing ¢)n the d15FM)sal of an asset Is delemiined as the differ￿￿e belvthn sab proceed5 and the carrying Val￿ of ass•t. Is rwntsed In the si2tèmÈrFt of fI)ar￿la1 acjwibes 1.7 Impairment of fi]Ked assÈt$ At each repcrting end date. the charity revEw5 the carrywvJ alr￿lS of rts langible assets lo determine whether there is any In¢Jication that Ihose a55et5 have sJffered an thmp81rmenl loss. If any such Indication exisls, th8 recoverable ￿Unt of Ihè asset is estimated ii ￿00{ to deterff4"n8 thg oxlenl of Ihe mparmenl loss Ill any) 1.8 stock$ Stocks aro 51ated at Sjwer ol cost ènd esb"maled sdlino prKe less Costs to com￿ete and sell. Cost Compnses dire¢l matenals and. whgre applicable. dKeei labour (x)sts and those overheads that have been Inc¢Jrred In b¥irGiry the slocks lo I￿￿￿ present and con¢Jition. Items held loi distnbution 81 no c nomtnal ¢(￿51derat￿yrt a￿ measwed Ihe bwèr ol fyp*enEnt (¥¥st and cost. Net re￿iSable value is the estwnated seltirNJ le55 al estsmated ectsts ol ccryletion and c0515 lo be IrKurred in mwkeb"ng. seming and distsibubo 1.J Cash and cash •qui¥alenls Cash and cash equivalents Indude eash in hand. deF*)￿ts held at cal wth banks. othw 5h3rt.lerm Iwuid Inveslrnent5 wlh orEinal matuntEs ol tlyee monlhs or k5s. arKJ bank overdralts 8ank overdrafts are st¥)wn wrthin borr¢)wirrfJs In wrrent IiabTrlrties 1.10 Taxation The Charty 6 exémpl Irom tax ￿ its charrtat)1g actswb.es 1.11 Retirement benefits The charrtable ￿MpanY operates 8 defined conlnl)lrti￿ penson s(*)eme ContnÈutions payable to Ihe chantable ¢ompany's penwn s¢heme afo th¥ged lo Ihe Stalemenl ol Finar*k41 AcliviDèS in ihe period to hich they rolalo 1.12 Short terni debtor$ and ¢r¢drtors Oeblors an¢J cieditQfS Wrth no Interest rate whth a￿ ￿Vable ￿ payaty￿ wthin ￿le year aro rgrDrded 81 Iransadts)n wtce. kny knss ¥tsing Irom Inyaimwil ar8 fO(WI￿$ Knn*dial8ly ￿ wofit and loss. JESMOND DENE REAL TENNIS CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Donatlons and leqa¢Oe$ Unrestrleted Uniestricted fvnds funds 2024 2023 DonatFons and gifts Gffta 2.858 2.4g2 4.968 7.880 7.460 Income from charitable actNiiies Unfftstrlcled funds 2024 Unrestrkted fvnds 2023 Charfitable aC￿vItIes Fees and subscrip11￿5 53,293 Income from other trading xtivities Unrestrlcted Unrestrlcted funds funds 2024 2023 sh￿ and h)S￿1011fy sa 2.540 859 10- JESMOND DENE REAL TENNIS CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Rai8in9 fund5 Unft5tr1eted Unrestrlcled funds fijnds 2024 2023 Raiyng fwds Shop and tv)spitslity PLFrdMsos 2.770 2.741 2,770 2.141 Expenditure GhaTFtable acll¥ltfjes Charitable activitle$ 2024 Charltsble aciivitiès 2023 Dirèet Costs staff costs D{tpreCJat￿ arvj impaKme Rate5 arTrO watsr Insurance LvJhl heat Telephofte Postage *KI statK)nèry &Jndries Equipmenl and toumwnents F*ofeSsi￿al lees Repairs and renewals Bank charge5 SJbscnptsons 8ad debts 28,442 19,559 1,194 4,413 4,065 2.411 43 3.884 4.063 4,304 5.831 465 347 389 30.880 22.574 1.081 4.551 6.8 2.228 4.618 3.891 3.582 4.460 335 267 79.410 85.229 sha￿ of SUFPQrt and governance cos15 (see note 71 GovernarKe 1.459 1.3f 80,869 86.597 Analy¥i• by lund Unrestnclaj furnls 8t).869 86.597 JESMOND DENE REAL TENNIS CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Support costs ollocated to actwitses 2024 2023 Govemanc6 costs 1.459 1.368 Analysed between: Cha￿lab￿ acti￿t￿S 7459 1.368 2024 2023 Governance costs comfv: Independent examner's foes 1.4S9 1.368 1.459 1.368 Net movement in funds 2024 2023 The net m(Nerrnni in fvryjs is stated aftef chargwicreditmg} Depre￿¥11¢￿ of tty)¢e hxe(l a55ets 19,$59 22.574 Iw$tee$ ne ol Ihe trustees lor any pers(xis C￿nected Itwl fe￿iVed any remuneratK)n or benerrts from the chanty dunng the year 10 Employees The average mcnlhly number G4 9mpby￿S thg year was 2024 Number 2023 Number Employment costs 2024 Z023 Wages and salar Social securly eosts other ￿nSIOn eos 27.540 272 630 30.290 590 28.442 30.880 AnK)unts paid lo key managèwt wsonnd in Ihe year ￿aled £22.20212023 £24,640) There w8re TrJ empbye¢s whose annujl ren￿relat￿ was £60.CO) 12- JESMOND DENE REAL TENNIS CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 11 Taxation The ¢hanty is èxèmpt from taxat￿1 on its activibes becaus8 al Ils is appled for chantatje purposes. 12 T￿gible fixed ajsets Freew Imd L••¥¢lwJld FiAknwES ¢omputers Dd twildin95 Iiiwo¥emeni8 fi¢tir Total Co¥t At 1 Wil 3J23 250.IX(I 140.201 .257 2,144 472.602 At 31 March 2024 29].( 140.201 .257 2.144 472.602 Depreciation and in7paimi•nl Al l￿ri1 2023 Déprèeiatson charged In th8 15.863 21,482 11.755 2.144 64,489 19.559 At 31 Marth 2024 18.667 33.237 2.144 84.048 Carrying amount Al 31 March 2024 220.000 121.534 47,020 388.554 At 31 Marth 2023 225.000 124.338 58.775 408.113 13 Stocks 2024 2023 FinLshed 9￿￿J5 and gcrfjts fcrf Tes* 503 14 Debtors 2024 2023 Amounts lallln9 due within one year. Traile debtors Olh•r de*Xors 6.157 3.460 8,766 9.617 15 Credltors.. amounts falling within 15-