**Unaudited Financial Statements for the Year Ended 30 June 2025** 

**for** 

**Walsham Le Willows Sports Club CIO** 



**Walsham Le Willows Sports Club CIO** 

**Contents of the Financial Statements for the year ended 30 June 2025** 

||**Page**|
|---|---|
|**General Information**|1|
|**Accountants' Report and Client Approval Certificate**|2|
|**Trading and Profit and Loss Account**|3|
|**Balance Sheet**|5|
|**Notes to the Financial Statements**|6|





**Walsham Le Willows Sports Club CIO** 

## **General Information for the year ended 30 June 2025** 

|**PROPRIETOR:**|Members|
|---|---|
|**ADDRESS:**|Summer Road|
||Walsham le Willows|
||Bury St Edmunds|
||Suffolk|
||IP31 3AH|
|**ACCOUNTANTS:**|FWD Accounts Limited|
||7 Forbes Business Centre|
||Kempson Way|
||Bury St Edmunds|
||Suffolk|
||IP32 7AR|



Page 1 



**Financial Statements** 

**for the year ended 30 June 2025** 

## **Accountants' Report to** 

## **Walsham Le Willows Sports Club CIO** 

In accordance with instructions given to us we have prepared without carrying out an audit the annexed financial statements from information and explanations supplied to us by Walsham Le Willows Sports Club CIO. 

FWD Accounts Limited 7 Forbes Business Centre Kempson Way Bury St Edmunds Suffolk IP32 7AR 

Date: ............................................. 

## **Client Approval Certificate** 

I approve the financial statements and confirm that I have made available all relevant records and information for their preparation. 

........................................................................ Members Date: ............................................. 

Page 2 



**Walsham Le Willows Sports Club CIO** 

## **Trading and Profit and Loss Account for the year ended 30 June 2025** 

|**Income**<br>Senior football income<br>Netball income<br>Bar rental<br>Membership subscriptions<br>Club event & sporting dinner<br>Cricket income<br>Youth football income<br>Bowls income<br>AGP income<br>Grants<br>Yoga income<br>Tennis income<br>Walking football income<br>Fitness centre income<br>**Cost of sales**<br>Youth football expenses<br>Cricket expenses<br>Club event expenses<br>Football expenses<br>Bowls expenses<br>**GROSS PROFIT**<br>**Other income**<br>Sundry receipts<br>Donations received<br>Bank interest received<br>**Expenditure**<br>AGP Electricity & Maintenance<br>Sports pavilion maintenance<br>Bowls green maintenance<br>Sports Pavilion Oil<br>Grounds/Equip maintenance<br>Bowls - rent, rates & water<br>Sports Pavilion rates & water<br>Sports Pavilion electricity<br>Bowls electricity<br>Wages<br>Telephone<br>Post and stationery<br>Licences and insurance<br>Other office expenses<br>Sundry expenses<br>Irrecoverable VAT<br>Accountancy<br>Professional fees<br>Donations<br>Depreciation of tangible fixed assets<br>Profit/loss on sale of tangible fixed assets<br>Carried forward|30/6/25<br>£<br>52,459<br>1,823<br>19,500<br>3,943<br>14,887<br>18,052<br>50,048<br>5,267<br>5,407<br>7,428<br>1,753<br>754<br>5,334<br>13,737<br>25,981<br>9,137<br>11,559<br>59,182<br>1,707<br>20<br>16,577<br>123<br>3,888<br>2,471<br>2,690<br>1,095<br>12,765<br>1,210<br>1,306<br>9,788<br>436<br>2,700<br>362<br>473<br>3,507<br>2,098<br>368<br>8,987<br>1,295<br>2,425<br>-<br>36,510<br>-|£<br>200,392<br>107,566<br>92,826<br>16,720<br>109,546<br>94,374<br>15,172|30/6/24<br>£<br>45,543<br>2,292<br>15,000<br>2,569<br>17,068<br>11,300<br>46,220<br>5,085<br>6,034<br>29,117<br>2,580<br>853<br>5,081<br>14,201<br>26,153<br>11,792<br>10,606<br>48,749<br>1,270<br>96<br>8,656<br>-<br>3,913<br>5,961<br>4,998<br>2,034<br>23,218<br>1,175<br>279<br>9,595<br>554<br>2,475<br>309<br>27<br>3,651<br>2,349<br>101<br>-<br>1,250<br>-<br>110<br>27,854<br>3,209|£<br>202,943<br>98,570|
|---|---|---|---|---|
|||||104,373<br>8,752|
|||||113,125<br>93,062|
|||||20,063|



Page 3 



**Walsham Le Willows Sports Club CIO** 

## **Trading and Profit and Loss Account for the year ended 30 June 2025** 

|30/6/25<br>£<br>Brought forward<br>**Finance costs**<br>Bank charges<br>**NET PROFIT**|30/6/24<br>£<br>£<br>15,172<br>224<br>14,948|£<br>20,063<br>137|
|---|---|---|
|||19,926|



Page 4 



## **Walsham Le Willows Sports Club CIO** 

## **Balance Sheet 30 June 2025** 

|Notes<br>**FIXED ASSETS**<br>Tangible assets<br>1<br>**CURRENT ASSETS**<br>VAT<br>Trade debtors<br>Other debtors<br>WLWSC Ltd<br>Tea Hut Float - Youth Football<br>IWC cash account<br>Lloyds Treasurer's Account<br>CEN Insignis<br>Santander Account<br>Lloyds Football<br>Bowls Bank Account<br>Cricket Bank Account<br>HSBC Youth Football<br>Youth Football Sinking Fund<br>Cricket Sinking Fund<br>Cash in hand<br>Football Petty Cash<br>Bowls Cash<br>Cricket Cash<br>**CURRENT LIABILITIES**<br>Trade creditors<br>Net Wages<br>Other creditors<br>Accrued expenses<br>**NET ASSETS**<br>**FINANCED BY**<br>**RESERVES AND FUNDS**<br>Reserves<br>2<br>Capital account<br>3|30/6/25<br>£<br>£<br>2,332,133<br>1,768<br>2,007<br>-<br>34,684<br>458<br>61<br>21,717<br>5,115<br>12,671<br>31,692<br>5,766<br>11,366<br>17,454<br>59,110<br>6,180<br>33<br>1,948<br>1,195<br>126<br>213,351<br>3,358<br>225<br>6,250<br>1,320<br>11,153<br>202,198<br>2,534,331<br>2,084,414<br>449,917<br>2,534,331|30/6/24<br>£<br>£<br>779,011<br>20,451<br>2,422<br>136<br>16,889<br>458<br>79<br>5,537<br>-<br>17,954<br>29,934<br>4,879<br>3,931<br>6,689<br>68,175<br>4,079<br>33<br>320<br>40<br>93<br>182,099<br>5,802<br>-<br>6,250<br>1,275<br>13,327<br>168,772<br>947,783<br>512,814<br>434,969<br>947,783|30/6/24<br>£<br>£<br>779,011<br>20,451<br>2,422<br>136<br>16,889<br>458<br>79<br>5,537<br>-<br>17,954<br>29,934<br>4,879<br>3,931<br>6,689<br>68,175<br>4,079<br>33<br>320<br>40<br>93<br>182,099<br>5,802<br>-<br>6,250<br>1,275<br>13,327<br>168,772<br>947,783<br>512,814<br>434,969<br>947,783|
|---|---|---|---|
||||947,783|
||||512,814<br>434,969|
||||947,783|



Page 5 



## **Walsham Le Willows Sports Club CIO** 

## **Notes to the Financial Statements for the year ended 30 June 2025** 

## **TANGIBLE FIXED ASSETS** 

## 1. 

|1.|**TANGIBLE FIXED ASSETS**|||||||
|---|---|---|---|---|---|---|---|
||||Main||Improvements|||
|||Freehold|Clubhouse||to|Plant and||
|||property|and Land||property|machinery|Totals|
|||£|£||£|£|£|
||**COST**|||||||
||At 1 July 2024|263,728||-|455,274|179,673|898,675|
||Additions|-|1,571,600||13,791|1,455|1,586,846|
||Disposals|-||-|(2,536)|(7,153)|(9,689)|
||At 30 June 2025|263,728|1,571,600||466,529|173,975|2,475,832|
||**DEPRECIATION**|||||||
||At 1 July 2024|20,768||-|40,965|57,931|119,664|
||Charge for year|-||-|11,574|22,150|33,724|
||Eliminated on disposal|-||-|(2,536)|(7,153)|(9,689)|
||At 30 June 2025|20,768||-|50,003|72,928|143,699|
||**NET BOOK VALUE**|||||||
||At 30 June 2025|242,960|1,571,600||416,526|101,047|2,332,133|
||At 30 June 2024|242,960||-|414,309|121,742|779,011|
||The main pavilion and clubhouse gifted to the club, along|||with related land, has been revalued as|||at 30th Ju|
||2025 in line with an independent professional valuation and thus introduced at this value.|||||||
|2.|**RESERVES**|||||||
||||||Revaluation|Other||
||||||reserve|reserves|Totals|
||||||£|£|£|
||At 1 July 2024||||-|512,814|512,814|
||Revaluations||||1,571,600|-|1,571,600|
||At 30 June 2025||||1,571,600|512,814|2,084,414|
|3.|**CAPITAL ACCOUNT**|||||||
||||30/6/25|||30/6/24||
||||£||£|£|£|
||Brought forward||434,969|||415,043||
||Add|||||||
||Net profit||14,948|||19,926||
||||||449,917||434,969|
||||||449,917||434,969|



The main pavilion and clubhouse gifted to the club, along with related land, has been revalued as at 30th June 2025 in line with an independent professional valuation and thus introduced at this value. 

Page 6