Company wistratlon number.. 10598525 Charty registratlon number: 1178142 BARROW ISLAND COMMUNITh SPORTS TRUST LTD TRUSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 Barrow Island Communlty Sports Trust Ltd Contents Pag• Trustees. Rewjrt Independert Examiner's Report Statement of Finandal Artfvitles (Induding Income and Expenditure Account) Comparative Statement of Flnanclal Acuvlties Ilncludlng Income and Expendlture Account) Balance Sheet Notes to the Flnanclal Statsments 8-11 The folowing pages do not fom part ol the statutory accounts.. Detsiled Statement of FiTh4ntial Attivltles Ilncluding Income and Expendrture Ateount} 12-13 Barrow Island Community Sports Trust Ltd Company No. 10598525 Trustees. Report For The Year Ended 28 February 2025 The trustees present their report and the financial statements for the year ended 28 February 2025. ObJectlv•s and Actlvltles Almj and Objertlv The promotlon of Communlty particlpatlon in heathy recreatlon for the benefit of the Inhabitants of Barrow Island and rrounding aws, by the provlslon of faciif(ie5 for the playing of swrts and other leL£ure actlvltie5. The provlslon of a safe warm. welcoming environment for communlty groups and indlvk1uals requiring assistance and advlce. Slgnifit4rt ActiviQi*¥ The Trustees have Insttgated a prograrnrne of buildlng and ground maln¢enance to enable sporting artivities to tske place on the playlng flelds. Proposed Improvements to the dralnage on the pltches will allevlate fixture problem5 With the local l•a9ues for Lx)th R￿bY an¢ Football. allowing rnore gatnes to be arranged thrwghout the seasons. The Trustees have invited the local Junior School to the facilities for their Sports Day. We have extended thls Invltatlon to TS Sovereign, the Local Borrow Island Sea Cadet Unlt to use for thelr outdoor actlvltles. The building of Cumbrla University Campu5 on Barrow Island may provlde the opportunity to work the Unlversity Trustees to provide sports and recreational delivery classe5 as part of the currfculum. For the start of 2024125 football Seas￿ we are taklng on an add￿lonal l Glrts Junior Football teams + I more opon age team, to IncorwratÈ a wider take up of sport and soclal actlvltles assoclated with the Increase In numbers Involved. I can declare that Trustee5 have had due regard to the guldance issued by the Charty Commisslon on Public Benefit. Publle B¢n•fft The provis￿ cl a safe wam, welcomlng environméTht hr tommunlty groups and IndlvSduals requlrlllg as91stance an¢ dvice. The tfustees confim that they have complted wifh the requlrements of Sectlon 17 of thè Charities Act 2011 to have d gard to the Charty Commlsslon* guldance on publlc benefit. A¢hl¢¥em•rrts ond Perfgrmanc• Maln Athlevements Folk)wlng the hugely successful èvents held throughout the ye8r the Barrow Island Communlty Sports Trust Ltd IBICST Ltd} contlnues to support and faalStste events for the local a￿a. The Hub Is now fuly funrtioning and maklng Income to be self- sufflcient. The Cumbrla Mastef s Rugby League Festlval wa5 hosted by BICST Ltd; thLs event Involved 12 visiting teams from Cumbrla. Lancashlre and Yorkshire and was very successful. The Community Hub provided and hosted Christmas Partles for both local Senlcr Cltlzens and children and is also a well-used venue for dance troupes, Amateur Dramatic groups and other organlsatlons offeriw Yoga, Pilates and Craft Falrs. BICST Ltd is very pro￿* of the achievernents made in such a short period of time. The Board Inten¢J to bulld on these successes in 2023 and alm to identify and resolve any issues that may impact on the local and wller Barrow communlty before they affert individuals or groups. We also are justifiably proud of the work carrfed out by local volunteers to continuously Improve the sports pltches to enable Var￿US teams to enjoy clean and playable pltches for a small prorx)rtion of the year. Partnership5 have gone from strength to strength over the last year. We established a Wam Hub throughout the winter to 5UPPQrt residents from the Bairow Area in 9eneral by the provision of a space for them to meet others and have a meal rather than remain isolated In their homes. We have a well*stablished Slimmlng wot1d groupt which help to promote Healrhy 1Sfestyle and wellbelng. After Coming out of the pandemlc lockdown both hall and sports pltch use is increasing steadlty. Groups now using the hall include, Age Concern. ANA, Mulri-cu￿ural Soclety. Walw Theatre Group and Cast Theatre Groupi wh￿h run ¥longslde pnvate group hire. ..CONTINUED Page I Barrow Island Communlty Sports Tru$t Ltd Trustees, Report (continued) For The Year Ended 28 February 2025 M•lfft Athi•vements- tonlinu•d The current econornic climate is causlng concem wlthln the local community. It Is the tfusts alm to help support resldents by providing an affordable venue whllst carefully balancing our own in¢￿a$ln9 costs to overcome these challenging times. Our utility bills are causing Y￿at concern for the trustees and volunteers involved. to thls end we have rn8de 5ever81 changes to the premises {changlng any energy provldersl Ind have organlsed a revlew of eneryy provision with local green eneryy provider5. We aitn to K)ok at the posslbllity of fitting solar panels t¢ the roof and other available energy savlng dewce5 through this consullatlon. At the end of the year we've managed to foige Ilnks wlth BAE Systems and the new unlverslty of Curnbria from th15 we've hatj a guarantee offer of substantial donatlon from BAE Sy5terThs to build an tsrangery whlch would allow u5 in the futu￿ to provide coffee mornlThgs for local resitlents and the wlder area, also with links to the uThlversity for cateringi and allow us to hold lèrger events In the foreseeablo future . the planning petThission has been secured and will be IoDking to start the work once extra fundln9 15 secured, We have nobv seture 99-year lease and received letter of conflrmafjon from Westmoreland and Fumess courKII and waitlng the for the lease to be sent for slgning. One of the successes of the year has been the incre&%e In lunlor football teams fn)m 6 to 10 team years from 5-year-tsld to 16-year-ok1 for the start of the 25 126 Season Also. IntrOd￿tIoN of young mother ￿0Y and support orotsp allowlng to teach basic life Skills, while have fvn wlth their babb￿, the lrtal resldent set this after struggle to find wnployment and growing from 1 5esslon a week to 3 weeks Referenc• ab)d Admlnlstratlve Dqtalls Mrs D Morgan Mr R McAloone Miss L J Morgan Mr S Balley Chavlty Numb¢r IL78142 Company Numb•r 10598525 Printipal Address Cavendlsh Park Island Road Barrow-In-Fumess Cumbrla iA14 2SB Ind•p•nd•nt Examlner Redhead Accountancy Ltd Chartered Accountants Bank ￿OuSe Grthn Street Broughton-in-Furnes5 Cumbria L420 6HH Page 2 Barrow Island Communlty Sports Trust Ltd Trustees. Report (contlnued) For The Year Ended 28 February 2025 Sm•ll Compjny Rules Thls report has been prepared In accordatKe with the spedal proviskjns relatlng to companies subject to the small companles Ime wlthln Part IS of the Companles Act 2006. The trugtÈès' réport was approve¢J by the board of trustees and slgned cn Its behalf by: Mr R McAK)one Trustee Date Page 3 Barrow Island Communlty Sports Trust Ltd Irmlependent Examlner's Report to the Trustees of Barrow l$land Communlty Sports Trust Ltd For The Year Ended 28 February 2025 I report to the chadty trustees OD my examlnatlDTh of ihe accounts of the C¢ynpany for the year ended 28 February 2025. Rexpon61bllStles and B•*is of Report As the charlty trustees of the Company land also its directors for the purpose5 of COTnpany lèwl, you are responsible for the prepardtion of the accounts ln accordance with the requlrements of the Comp4nies Art 2D06 1.the 2006 Act?. Having satl$16ed myself that the accounts of Ihe Company are not requ1￿￿ to be audited uThder Part 16 of the 2006 Act and are eligible for Independent examination, I report In respect of my examlnatlon of your charity's accounts as carried out under section 145 of the Charities Act 2011 I'the 2011 Att). In carrying out my examination I have followed the Dlrections glven by the Charity Commission under 5ecbon 145151 Ibl of the 2011 Act. Independent Examlnerfs Statement I hève completed my examinatlon. J conflrrn that no matters have come to my attentton In ttsnnection wlth the examination giving me cause to belleve.. l. accounting records were not kept ITh respètt of the Company as requlred by settion 386 of the 2006 Act,. or Z the accounts do net accord Y41th those records,. or 3. the accounts do nct comply wlth the accounting requirements of sertlon 396 01 the 2006 Act other than any requirement that the accounts glve a 'irue and tslr view, whlch Is not a rnatter consldered as part of an Independent exarnination,. or 4. the accounts have not been prepared In accordance with the methods and prlnclples of the Statemenl of Recommended PrattiTr for accountlng and reporung by charltles applicable to charities preparing theSr accounts in accordance wlth the Flnanclal Reportlng Standard appllcabk In the UK and Republic Df Ireland IFRS 102}. I have nD concerns ant1 have come across no other mattefs In conne¢tloTr wlth the examlnation to which attentlon should be drawn in th￿ report In order to enable a proper under5tandlng of the ¥counts to be reached. 2011112025 Bank House Griffin Street BroughtoTh-in-Furness Cumbria LA20 6HH Page 4 Barrow Island Communlty Sports Trust Ltd Statement of Financial Activities (Includlng Income and Expendlture Account) For The Year Ended 28 February 2025 2025 2024 Unrestrlrted Totsl fvnds funds Not IWCOME AND ENDOWMENTS FROM: Donatlons and legacles Charitable artivities.. Sports and recreation tentre for the local community Other tradin9 actlvltie5 Investments Other 1,509 15,897 25,953 31,837 1.144 7.290 19.710 25.275 1,322 67.733 62,204 PXPENDrnIRE Ot4: Ralslng funds Charltable actfvltles: Sports and recreatk)n centre for the local communlty 155,1691 181,7781 155.1691 181,777) NEf 114COMe/(EXPENDmiRE} 12,564 119,573} NET MOVEMENT IN FUNDS RECONCIiIATtON OF FUNDS: Total funds brought forward 12,564 119,573) 55,034 74,607 TOTAL FUNDS CARRIED FORWARD 14 67,598 55.034 The Th)tes on pages 8 to 11 form part of these flnaKlal ststements. Page 5 Barrow Island Community Sports Trust Ltd Comparative Statement of Financial Artivitie$ (includlng Income and Expenditure Account) For The Year Ended 28 FebNary 2025 2024 Vnr•str•¢t•d Regtrlctsd Total fvnds funds funds INCOME AND ENDOWMENTS FROM: Dtsnations and legacles Charitable activities.. Sports and recreation centre for the local community Other tradlng ac￿VItIeS Investments 15,897 15,897 19.710 25.275 1,322 19,710 25,275 1,322 62,204 62,204 EXPENDITVRE ON: Ralslng fund5 Charltable actlvltles.. Swrts and recreation centre for the lotal communlty 170,2181 111,560} {81.778) 170,2171 111.560} {81.777) NEf EXPENDITURE {8.0131 111,5601 {19.573} NEf MOVEMEfiT IN FUND$ RECONCIUATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARIUED FORWARD {8,0131 111,5601 {19.573) 63,047 11.560 74,607 14 55,034 55,034 Thè nrtes on pages 8 to 11 fom part of these finantial statements. Page 6 Barrow Island Communlty Sports Trust Ltd Balance Sheet As At 28 February 2025 2025 2024 Unre*trirted Restrlcted Totsl lund& funds Total funds FIXED •lSSErs Tanglble Assets li 9,000 9,000 9,000 9,000 CURRENT ASSETS Debto Cash at bank and in hand 12 6.306 54.897 6,306 54,897 5,375 50,199 61,203 61,203 55,574 Creditor#: Amounts Falliny Due Wlthln On• Y•Dr 13 12.6051 12,6051 1540) Nrr CURRENY ASSETS (LIABIUTIES) 58,596 58,598 55.034 TOTAL ASSETS LESS CURRENT LIABILITIES 67,598 67.598 55,034 NET ASSETS 67.598 67.598 55.034 FVNDS OF THE CHARITY Un￿$t￿(ted Funds 67.598 55,034 TOTAL FUNDS 14 67.598 55.034 For the year endln9 28 February 2025 the chaHtable company was entityed to exemption from audit under sectlon 477 of the Companie5 Act 2006 relating to Small companles. The members have not requlred the charitable company to obtsln an audlt In accordance with sectlon 476 of the Companies Act 2006. The trustees aCknOw￿dge their responsibilltles for complylng with the requirements of the Act with respert to accounting records and the preparation of accounts. These accouthts hove bEen prepared In accordance with the provlslons applicable to companies sublett to the small cornpanles re9ime. On behalf of the board Mr R McAloone Trustee Date The notes on paoes 8 to 11 form part of thes¢ finantSal statements. Page 7 Barrow Island Communlty Sports Trust Ltd Notes to the Flnancial Statements For The Year Ended 28 February 2025 I, Gen¢r•l Inforniatlon Barrow Island Communlty Sports Trust Ltd is a cornpany limited by guarantee. Incorpordtsd In England & Wales, reglstered number 10598525 and ￿gIstered char5ty number 1178142. The reglstered office IS . 2. A¢¢ountlng Pollcles 2.1. Bas55 01 Pr•p•r•tloA of Flnandal Statements The financlal statements have been prepartd in accordance wlth the Chadves SORP IFRS 1021 "Accovntlng and Reportlng by Chèrities., Ststemert of Recommended Prathce appllcable to Char￿e5 preparing thelr accounts ac￿rdanCe wlth the Financial Reporting Stondard applicable in the UK and Republic of I￿land IFRS 1021 leffectlve I January 20191. Financial Reportiag Standard 102 "The Flnancial Reporting Standard applScable In the VK and Republie of Ireland" and the Companie5 Act 2006. The charrtable company is a Publlc Benefft Entty as deflned by FRS 102. 2.2. Inroming Resourtes Income is recognlsed when the trust Is legally eThtltled to It, and it is prOba￿t that the Income wlll be received. Cash donation5 are re¢ognised on receipt. 2.3. Tanoible Flxed Assets and D•prttl•tltsn Tangible fixed assets a￿ rneasured at cost less accumulated depreaation and any accumulated impairment losses. Depreciatv)n Is provlded ai lates calculated to wrfte off the cost of the fixed assets. less thelr estimated residual value, over thelr expected useful Ilves on the following ba5es.' tures & Flttln99 20% stralght Ilnè 2.4. Cash and C48h Equl¥al•t)ts Cash and cash equivalents are basic financial assets and inelude cash In hand and deposits held 8t Call wlth banks. other short-term hlghly liquid investrnents that fflature in no more than three months from the date of acqulsltlon and arè reatlily COnve￿bIe to a known arnount of Cash with Inslgnlflcant risk of change in value, and bank overdrafts. 3. In¢ome from DoThBtions and Leycie* 2025 2024 Unrestrl¢twl Unrestrlcted funds fvnds DOna￿Or6 and glfts (*ants 1.509 5,116 10,781 1,509 15,897 4. Inc•m• frorn Oth•r Tr•dlng AcllvStle• 2025 2024 Vnr•strlctod unfe5￿¢t¢￿ nds fund5 Shop intomè 31,837 25,275 5. Investment Incom¢ 2025 2024 Unrestrlcted Unr•strlct•d nds fvnd Bank interest recelvable 1.144 1,322 Page B Barrow Island Comrnunlty Sports Trust Ltd Notes to the Flnanclal Statements {contlnued) For The Year Ended 28 February 2025 6. Oth•r Incom• 2025 2014 Unr•thrt•d Unrestrkted funds filnds Reimbursements of costs 7,290 7. M•t Im¢omel{ExpendStuYe) The net inc(mellexpendlturel is after charging1{credltlngl: 2025 2024 Dep￿CiatIon of tanglble flxed assets - owned 2,255 8,239 8. An•ly%ls ot Exp•ndltur¢ 202S Athltlos undertak dlroctlv Support (see note 91 Total Sports and ￿C￿tIon centre for the local ccfflmunlty 25,175 29.994 55,169 2024 Artlvltles undertaken Sre¢tlv Support (see note 91 Totsl Raising funds Sports and reC￿atIon centre for the local communwy {ii 81,778 19,976 61.802 19,976 61.801 81,777 9. Support Costs 2025 Sports •nd r•¢ruiion t•ntre for th• l•¢al communlty Premise5 expenses General administration Depreciation Govemance costs 12,066 15,618 2.255 55 29,994 d9e9 Barrow Island Community Sports Trust Ltd Notes to the Financlal Statements (contlnued) For The Year Ended 28 February 2025 2024 Sptsrts •nd r¢tteJtlon ¢*ntr• tor lo￿1 mmunlty Ra5$ln9 lunds Total Premises exper6es General administTation Dep￿latiOn Governance costs 37,395 15,627 8,240 540 37,395 IS,627 8,239 540 (i) {ii 61,802 61,801 10. Average Number of Employtt• Average number of employÈÉs durlng the year was.. NIL12024.. NIL) 11, T4nglble A55•ts Plant & Machinery Fixture$ & F1tt5n9S Totsl Cos As at 29 February 2024 AdditK*ns 69,776 69,776 11,255 11.255 As at 2B February 2025 69,776 11,255 81.031 Depreclatlon As at 29 Febiuary 2024 Provkjed during the perknd 69.776 69.776 2.255 2,255 As at 28 February 2025 69.776 2.255 n.031 N•t Book V•lue As at 28 February 2025 9,000 9,000 at 29 February 2024 12. D•btors 2025 2024 Du• wlthln on• year Trade L1ebrots Due aft•r mor• than on• y•ar other debtors 931 5,375 5,375 6,306 5,375 Page 10 Barrow Island Community Sport$ Trust Ltd Notes to the Financlal Statements {continued) For The Year Ended 28 Fobruary 2025 13. Cr•ditor•: Amounts Fallln9 Due Wlthln On• Y•ar 2025 2024 Tt3de creditors Accruals and deferred Income 2,60S 540 2,605 540 14. Movtmènt In Funds As#t29 February 2024 Asat28 February 2025 Incom• Expenditure UnrestriLtad fund5 General: General unre5tritted fund 55,034 67,733 {55.1691 67,598 Total funds 55,034 67,733 {55.1691 67,598 Asat28 February 2024 A$•tl March 2023 Incomo Exp•ndltur• Unrestrfrted fvnds General.. General unrestricted fund R•stiiLtsd fund$ Restrfcted 63,047 62.204 170,217) 55,034 11,560 111,5601 T¢)t•l fvnd• 74,607 62,204 {81,777) SS,034 15. Transactlons wlth Truste During the year the expenses relmbursed to the trustees or pald dlrecljy to third partles were as follows- 2025 2024 16. Related party Dlsdosur•• 17. Comp•ny Ilmlted by guarnnta• The company is limited by guarantee and has no share capltal. Every member of the company undertakes to contrlbute to the a55ets of the companyi in the event of a winding Upi such an amount as may be required not exceedlng £1. Page 11 Barrow Island Community Sport$ Trust Ltd Detailed Statement of Flnanclal Activities (includlng Xncome and Expendlture Account) For The Year Ended 28 Fobru•ry 2025 2025 2024 Total funds Total funds INCOME AND ENDOWMENTS FROM: Don•tlons legacles Donatiorb and gifts Govemment Granrs 1.509 5,116 10,781 1,509 15.897 Charltable ActivitiU: Sports and r•¢r•atSon c•ntre lortho local ￿nMunIty Rental Income Anclllary tradlryj connected to primary purpose trndlng 25,953 17,860 1,850 25,953 19,710 other tradlng attl￿tIeS Shop Income 31,837 25,275 31,837 25,275 Irw•stm•nts Bank interpst rpcelvable 1.144 1,322 1,144 1,322