PFO THE BRADFORD (PARK AVENUE) SPORTS FOUNDATION UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS 31 MAY 2025 Charity Registration Number: 1179447 Streets.
THE BRADFORD (PARK AVENUE) SPORTS FOUNDATior CONSOLIDATED FINANCIAL STATEMENTS YEAR ENDED 31 MAY 2025 PAGE Trustees, annual r¢port Independent exarnine@s report to the trustees Consolidated statement of financial activities (including income and expenditure account) Consolidated statement of financial PDsilion Company statement of fInancial position Notes to the consolidated financial statements io
THE BRADFORD (PIIRK AVENUE) SPORTS FOUNDATION TRIJSTEES, ANNUAL REPORT YEAR ENDED 31 MAY 2025 The trustees pirsent their reporl and the unaudited Consolidated fUn¢[al slatemtnts of the cliaiity for the yeai. ended 31 May 2025. REFERENCE AND ADMINISTRATIVE DETAILS Registered charity name The Bradford (Park Avenue) Sports Foundation Charity registration number 1179447 Principal office Horsfall Community Stadium Cemetery Road Bradford BD6 2NG The trustees Mr G Roberts Mr T P Lawler Mr R J Tordoff Mr G Sulcliffe Mr P A Armitage Ms S L Worsley Ms A Seneviratne Mr M Conway (Appoint¢d 7 May 2025) (Appointed I l March 2025) Independent examiner E A Short BFP FCA Equitable House 55 Pellon Lane Halifax West Yorkshi HXI 5SP Bank CAF Bank 25 Kings Hill Avenue West Malling ME194JQ
THE BRADFORD (PARK AVENUE) SPORTS FOUNDATION TRUSTEES, ANNUAL REPORT (conlinued) YEAR ENDED 31 MAY 2025 STRUCTURE, GOVERNAf4cE AND MANAGEMENT GoverThihg document The Bradford (Park Avenue) Sports Foundation is a Cliaritsbl¢ Incorporated ol'gls&t10n (CIO) No. 1179447, registered on 3rd August 2018 As amended 20 Decembei. 2024, and is governed by its constitution. The overall responsibility for The Bradford (Park Avenue) Spoi'ts Foundation rests with the trustees of the charity. Orgallisation21 Structure 'l-he Board of Ti'ustees has eight trustees with an elected Chair. The Foundation has a partnership agreement with the Bradford Park A venue Academy, whicli delivers community programmes on behalf of Foundation. Casual staff are ¢mploycd as n¢¢¢ssary to support the delivery of communkty programmes. The subsidiary. Horsfall Community Stadium CIC ceased trading on 31 May 2024 and was dissolved February 2026. The only transactions r¢fl¢¢ted in tlies¢ accounts are th¢ final receipts and Fyayments to bring to a close. Reeruitment and appointment of trustees Six of the trustees of the Foundation Board have been Board members throuO)out June 2024 to May 2025. Two additional trustees were appointcd during the pcriod. Trust¢es have a rangc of skills and knowledge. Trustee Inductloll Training New trustees are provided with background documents related to how the trust operates. A series of me¢tings arc held to support the induction process. Risk Management The Foundation is aware and ha5 assessed the risks to which the Charity As exposed and has taken reasonable steps to ensure the charity's sllfety. As the chELrity grOls. Systems or procediires are being established to m&tigat¢ the risks the Charity faces. Intemal control risks are minimised by the implementation of prnCedu$ for authorisation of all transactions and projects. Procediires are in place to ensure compliance with health and fetY of st&ff. volunteers and visitors and systems are in pla¢¢ to ensure that DBS checks have been carried out on any persons working with children. The chariiy also holds insurance. Risk management has been focussed on the following areas: l. Trust Finances with a view to establishing a soltd foundation for the trust. 2. Studying the opportunities for increased provision for gervice8 to the local community.
THE BRADFORD (PARK AVENUE) SPORTS FOUNDATION TRUSTEES, ANNUAL REPORT (¢oAlinued) YEAR ENDED 31 MAY 2025 OR]ECTtVES AND ACTIVITIES The obj¢ctives of th¢ CIO al'e for the public benefit in Bradford City and Calderdale liereinafter referred to as the "Ar¢a of Benefit": (l ) To promote coinmunity participation in healthy recreation in the &r¢a ofbenefit by pi'oviding facilities for the playing of football and other sports capabl¢ of improving physical and mental hcaltli, fitnes5 and wellbeing. ("facilities" in this clause means land, buildings, cquipmcnt and organising sporting activities)- and {2) To provide and assist in providing facilities for sport, recreation and other leisure time occupation in the area of benefit for persons who have need of such f&cilitie5 by reason of their youth, age. infimiity or disablement, poverty or social and economic circumstances, or for the public at large. in the interests of SOGial welfare, and with the object of improving thcir conditions of lif¢. and (3) To act as a resourc¢ for ¢hildr¢n and young people up to the age of 30 by providing advict and a55isianLe and organising programme5 of physical, educational and other activities as a means of advaT]cin8 theTn in life and helping them by developing their ski115, capacities and capabilities to enabl¢ th¢m to participate in society as independent, mature and responstble individuals. ACHIEVEMENfs AND PERFORMANCE The Foundation delivered a strong and varied programm¢ of aGtivitics aligned with its charitabl¢ objectives of inclusion, youth engageent, education. and comrnunity developtnent. In FebrL]ary 2025, over 60 guests attended th¢ laun¢h ¢v¢nt of the newly named Bradford Park Avenue Sports Foundation. This event marked an important milestone for the organisation, during which we fonnally introduced our CoTnmunily Director and weLcumed a new Chair of Truste¥&, strengthening leadership and governance. We were also pleased to welcome Anne Seneviratne as Trustee and Education Consultant, bringing valuabl¢ expertise to support th¢ developm¢nt oFour edu¢8tional programmes. In April. we successfiilly h05ted an infrrfaith comi7)unity event that brought together individuals from different faiths and backgroiinds, promoting dialogue, understanding, and community cohesion. This period also saw the establishment of a new partnership with Rotary, Ivhich has already generated positive collaborative outcomes. A key initiative arising from this partnership was the launch of th¢ Rolary Kickback drop-in football sessions. providing young people with accessible opportunitics for physical a¢tivity, positive engagement, and social dev¢loprn¢nt. The Foundation further strengthened its safeguarding and prevention work through a partnership with West Yorkshire Police (IVYP) to launch the Breaking Barriers anti-knife crime programme. These events focus on education, early intervention, and open discussion, supporting young people to make infomied and positive choices. Educational engagement remained a priority, with the delivery of a successful World Book Day event that involved lo¢al primary schools and enCOuged literacy. creativity, and a love of r¢ading among children. In addition, we delivered a highly successful 3v3 girls, fooiball tournameiit, engaging over 100 participants and promoting inclusion, confidence, participation in sport among young woinen.
THE BRADFORD (PARK AVENUE) SPORTS FOUNDATION TRUSTEEt S, ANNUAL REPORT {coKlinued) YEAR ENDED 3111(AY 2025 Finally, the foundation ¢reat¢d a new comniunity garden space, providing a shared resource for residenls to engage in environmental, wellbeingp and community-led aclivilies. Tliis space repi'esents a lasting asset that suppoits social connection and sustaiiiable coinmuiiity dtvelopment. Under the auspices of Bradford (Park Avenue) AFC, Work continued io maintain and improve the facilities at the stadium througliout the year. FllNANCIAL REVIEW Tlie net movement on unr¢$trict¢d funds for the year was a deficit of £7,347: (2024 surplus £9,960) Reserves at the end of the year were £333, (2024 - £7,680). Restiicted funds received during the period of £12,777. which were mainly spent during the period leaving a surplus of £493. Reserves policy The Foundation has examined the Gharity'5 reqiiirements for reserves in light of the main risks to the organisation and aims to hold sufficient reserves to cover anticipated expenditure for a period of12 months. The trustees have implem¢nt¢d plans to increase the reserves to the required lefv'el. The.Horsfall Community Trust have examined the charitv's requirements for tEserves in light of th¢ main risks to the organisation and aims to hold sufficient reserves to cover anticipated expenditure for a period of12 months and the trustees are have implemented plans to increase the serves to the required level. Unrestricted funds at the end of the year were surplus £333 (2024 - 7,680). Restricted funds were £4,477 (2024 - £4,970) Inve5tmellt policy The HOfall Cornmunily Trust will seek to invest any surplus funds in an interest-bearing acoount, when fund b¢Gome available. Principle and restricted funding sources The principal funding sources were from orants and donations. Grants are received for specific projects aimed at healthy re¢r¢ation and support for the cominunity andyounger people.
THE BRADFORD (PARK AVEFIUE) SFORTS FOUNDATION TRUSI'LES, ANYUAL BEPORT {colllinue&) YEAR EE4DED 31 MAY 21125 FLANS FOR IrtlTURE PEIUODS Th¢ Bradford (Parl- Avtsmu¢) SporLq FOtsh41Oll thull ¢onkinll¥ ts) useHorsfall COmUl11 Stadiuj to fllrther its charitable objective5 and actkvties, aod wÈll conlinue to ivith the BPA Ad¢mY on community proj¥¢ts at th¢ stadium and with CDTnmunity uutTuch WOTL SGhools will continucto bc ¢ncourL8ed to use Ihc stadiutnfaoilitic8. TIL¢ Acudemy will organi8e events for both boys andEitIs, The Foundation will corttin1 Io SllpponBradford Youth Scr¥ice5 with th¢ OurPower Group proje¢L PLaDn¢d improv¢m¢DtS to Hor&fall Sudium in¢lu&.. l. Furthcr lmptoyd toilet fo¢iiiti¢s, iti additioJto thosc already cauicdoul. 2. RBnvvatitsn of thcdtliletics track 3. Improvcd fiir disubl¢d users PUBLIC BEF4Efrr The TTU&tees Goftfimi that thryhaye cornplied wÈtb thetrthity to haTre due re" rd for thr Clwity Cominissi(>n's gellesal guidanc on pt5hli¢ beftefiL flhititics lhI1¢ bettefiv. Tjio twstcos, report was approvctl on 9 March2026 and sign¢d onbchalf of tlic board of Itllstces br. r*fK'f p LAWLER Trustsc
THE BRADFORD (PARK AVENUE) SPORTS FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BRADFORD (PARK AVENUE) SPORTS FOUNDATION YEAR E24DED 31 MAY 2025 I report to the trustees on iny examination of the Consolidat¢d financial 5tat¢menls of Tli¢ Bradford (Park Avenue) Sports Foundation ('the clwily,) for the year ended 31 May 2025. RESPONSIBILITIES AND BASIS OF REPORT As the trusteei of th¢ ¢harity you al'e responsible for the preparation of the Consolidated finan¢ial statements in accordance witli the r¢quir¢in¢nts of the Charities Act 2011 ('the Act,). I report in respect of my examination of the charity's Con501idated financiRI statements carried out under section 145 of th¢ 2011 A¢t and in ¢arrying out my examination I hav¢ followed all th¢ applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. INDEPENDENT EXAMINER'S STATEMENT I have completed my examination. I confinn that no material matters have come to my attention in comiection with the examination giving me cause to believe that in any material Spect.. accounting record5 were not kept in respect of the charity as required by section 130 of the Act. or the Consolidated fmancial statements do not accord with those records- or the Consolidated financial statements do not cornply with the applicable requirern¢nts Concerning the fonn and content of accounts s¢t out in the Charities (Accounts and Reports) Regulatfftons 2008 other than Any requirement that the accoiints give a 'true and fair, vfjew whicli is nol a ITtter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. E A SHORT BFP FCA Independent Examiner Equitable House 55 Pellon Lane Halifax West Yorkshire HXI 5SP
THE BRADFORD (PARK AVENUE) SPORTS FOUNDATION CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES ONCLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MAY 2025 Pcriod from lJan23to 31 May24 Year to 31 May 25 Unrestricted Restricted funds funds Total funds Total funds Note Income and endowments Doiiations and legacies Charitable activities Investment income 433 120 15 433 l96 437,469 38 12,777 15 Total income 568 12,777 13,345 437,703 Expenditure Expendilure on charitable activities Total e.xpenditure 7.915 12.284 20,199 20,199 427,484 7,915 12,284 427,484 Net (txpenditure)/ineome and net movement in fullds {7,347) 493 (6,854) 10,219 Reconciliation of funds Total funds brought forward Total funds carried fonvard 7.680 4,477 12.157 1,938 333 4.970 5.303 12,157 The statement of financial activities Includes all gains and 1055es Tecognised in the year. All income and expenditure derive from continuing activities. The note$ on pages 10 to 19 form part of these Consolidated financial statements.
THE BRADFORD (PARK AVENUCI ) SPORTS FOUNDATION COLYSOL5DATED STATKMEhT OF FtNAliCAAL POSII'JON 31 MAY 2025 2015 2024 40tE CURRENf ASSETS DcbtOTS c.alh atballk and in balld 16 924 6.839 7,763 48,046 13.773 61,819 CREDrroRS: #thou(S f#lllug th iyitknin olle yeay 17 2,460 49,662 ,VFT CIIRRE4 wr ASSETS 5,303 12.157 TOTAL ASSE'I'S LESS CURREIYT LIABILITIES NET ASSETS 5,303 5,303 12,157 l2.157 PUNDS or THE CHARITY Re8tricteil u1¢$1¢ted fuuds 4.477 7.680 12,157 333 Totsl charlty funds 18 5,303 Th&se Cottsolidalcd fwtiniiul 51at¢TncAts W¢TE approved by thcbo&rdof iTU5tee8 author45¢d for issuc on 9 March 26, and 8T¢ sigtKd OTr bcbaifotthe bofft by.. MR T P LAWIER Twstec The not£5 pages JQ to J9 form paTt of these ConsolKdated fIanCial statemgTh*&
THI BRikDFORD (PARK AVENUE) SPORTS FOUiyfJATION COMPANY STATE]LYT OF FINknYCIAL FosfTIoN 31 MEkY 2Q25 21b25 2024 Note rixED ASSETS h]vcstmess 16 CURRENT ASSETS Debtors Cash at bank I[ battd 16 7.121 10,926 6.839 7,763 18,Q47 CREDITORS: folling due wlthln one }'e4]' r4ET CURRENT ASSETS 2,460 1,105 16,882 TOTAL ASSETS CURREf4T LIAlItLITIES 5J03 5,303 16,863 56.883 NkT ASSETS LIULYDS OE THE CHAiirrY RestttGt¢d fijttds Ullrestrictcd fiJrLd$ 4,970 4,477 12,406 16.883 Total ¢h4rlty fund$ 18 5,303 ie5c fiosnci81 st&tcrt)¥nt& were apptoY¢d bythebo8rd of t$t¢S #nd athOrIrd foris8ue on Y Ntarch26. and are siwied oji b¢half of th¢ bowd by.. MR'f p LAIYLfi R Tnle¢ The note5 051 pRges io to 19 formpxrt of these Consolldatsd fthAnclal gtateW¢Dts.
THE BRADFORD (PARK AVEIYUE) SPORTS FOUNDATION NOTEI S TO THE CONSOLIDATED FIPIANCIAL STATEMENTS YEAR ENDED 31 MAY 2025 GENERAL INFORMATION The charity is a public benefit entity and a registered charity in England and Wales is unincorporated. The hddress of the principal office is Horsfall Community Stadium. Cetnetery Road. Bradford, BD6 2NG. STATEMENT OF COMPLIANCE These fiiiancial statements have b¢¢n prepared in in accordance with the r¢quir¢ments of th¢ Charities Act 2011 {"the Act")- ACCOUNTING POLICIES Basis of preparation Th¢ consolidated fIn<Lia1 statements have been prepared on the historical cost bdSlS. The consolidated financial statements are prepared in sterling, which is the functional currency of the entity. Going concern In assessing the appropriatenes5 of the application of the going concern basis, the trustees have considered the uncertainties around tli¢ general economic environmenL the current and future trading perfonnance of thc cl)arity and th¢ available cash. The trustees have a reasonable expectation that the charity have adequatc resources to continue in operational existence for the forcseeable futur¢. Accordingly, they continue to adopt the going concern basis in preparing the annual r¢port and the consolidated financial statements. Consolidation The finan¢ial statements consolidate the financial stalements of the Gharity and its subsidiary undertaking. The parent charitable company has applied the exemption contained in section 408 of the Companies Act 2006 and has not included its individual statement of financial activities (including income and exp¢nditure account). The subsidiary ceased trading on 31 May 2024 and was dissolved in FebruAry 2026. Judgements and kty sources of estimation un¢ertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amount5 reported. These estimates and judgements are ¢ontinually reviewed and are based on expericnce and other factors, including expectations of future events that aty believed to be reasonable under the circiimstanGes. io
THE BRADFORD (PARK AVENUE) SPORTS FOUNDATION NOTfi S TO THE CONSOLIDATED FINANCIAL STATEMENTS (colllinued) YEAR ENDED 31 MAY 2025 ACCOUNTING POLICIES (confinued) Fund accounting Unrestricted funds are available for use at the discretion of the trustee5 to further any of the charily's purposes. Restricted funds are subjected to restrictions on their expenditslre declared by the donor or througli tlie terms ot-an appeal. Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated 1th the transaction will flow to the charity, and the amount can be reliably measured. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT wliich cannot be llY recovered, and is classified under headings of the statement of financial activities to which it relates. All costs are allocated to expenditure categories tlecting the use of the resource. Direct Costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. DepreoiAtio Depreciation is calculated so as to write off the cost or valuation of an asset. less it5 residual valu¢. ov¢r the useful economic ITfe of that asset as follows.. Equipment 250/0 reducing balance Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments a initially recognised at tr)saction value and subsequently measured at their settlement value witli the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. li
THE BRADFORD (PARK AVENUE) SPORTS FOUNDATION NOTES TO THE CONSOLIDATED FINATr4CIAL STATEMENTS (conlinued) YEAR ENDED 31 MAY 2025 DONATTONS AND LEGACIES Unrestricted Total Fullds Unrestricted Total Funds Funds 2025 Funds 2024 DONATIONS Donations 433 433 196 196 CHARITABLE ACTIVITIES Unrestricted Restricted Total Funds Funds Funds 2025 Stadium 3G pitch r¢ntal Food and beverage sales Stadium and event hire Charit&bl¢ in¢ome Other income 120 l20 12,777 12,777 120 12,777 12,897 Unrestricted R¢striGt¢d Total Funds Funds Funds 2024 Stadium 3G pitch rental Food and beverage sales Stadium and event hire Charitable income Other income 192,500 205,101 5,187 192,500 205,101 5,187 31,441 3,240 31,441 3,240 406,028 31,441 437,469 IIYVESTMENT INCOME Unr¢stri¢t¢d Totsl Funds Unrestricted Total Funds Funds 2025 Funds 2024 Bank interest re¢eivable 15 15 38 38 12
THE BRADf4ORD (PARK AVENUE) SPORTS FOUNDATION NOTES TO THE CONSOLIDATED FINANCIAL STATEIIIENTS (Continued) YEAR NDED 31 MAY 2025 EXPENDITURE ON CHAIUTABLE ACTIVITIES B Y FUND TYPE Unrestricted Restricted Total Funds Funds Fuiids 202S NLT Bar Bradford Council Men's Fit Club Barclays Girls Football Support costs 2.150 2.150 (I,748) 17.736 (1,748) 8,385 9.351 783 783 1,278 20.199 1,278 7,915 12,284 Unrestricted Restri¢ted Total Funds Funds Funds 2024 NLT Bar BrAdford Council Men's Fil Club Barclays Girls Football Support costs 2,738 150,708 1.156 450 12.640 15.378 150,708 6,770 3,878 5,614 3.428 250,750 250,750 405,802 427,484 EXPENDITIJRE ON CHARITABLE AcfivITIES BY ACTIVITY TYPE Activities undertaken dire¢tly Support Total funds Total fund costs 2025 2024 NLT Bar Bradford Council Men's Fit Club Br2dford Girls Football Govemance costs 2,150 (1.748) 17.736 328 (2.423) 1,645 2,478 (4,171) 19,381 16,747 380,541 8.480 4.543 783 120 1,608 1.278 903 1,608 20,199 17.173 18,921 427.484 13
THE BRADFORD (PARK AVEI NUE) SPORTS FOUNDATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (contiiiued) YEAR ENDED 31 MAY 2025 ANAL YSIS OF SUPPORT COSTS Total 202S Total 2024 Stsff costs Premis¢s Communications and IT General office Governance costs R¢pairs and maintellance Insurance Depreciationlprofit on disposal Bank charge5 Laundry and cleaninu Subs¢riptions Accountancy fees Prof¥s5ional fees Support costs - Staff training 1.680 (646) 488 {2,660) 64,683 10,432 2,726 28,I08 79,559 306 456 2,511 2.419 26,713 3.341 8,399 7,628 250 55 319 180 965 135 1,278 250,750 10. NET IEXPENDITURE)llNCOME Net (expendilure)lincome is stated after chargingl(crediting): 2025 2024 Depreciation of tangible fL¥ed assets 1.078 I I. INDEPENDENT EXAMINATION FEES Period from Year to l Jan23to 31May25 31 May24 Fees payable to the independent examiner for= Independent examination of the Consolidated financial statements Other financial s¢rvi¢es 600 2.750 5.649 600 8.399 14
THE BRADFORD (PARK AVENUE) SPORTS FOUNDATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (eonlinueil) YEAR ENDED 31 MAY 2025 12. STAFF COSTS The total staff costs and employee benefits for tlie repoiting period are analysed as follows: Period from Year to l Jan 23 to 31 May25 31 May24 Wages and salaries 37,456 The averdge liead count of employees during the y'ear was Nil (2024- 6). No employee received employee benefits of more than £60.000 during the year (2024: Nil). 13. TRUSTEE REMUNERATION AND EXPENSES No Temuneration or other benefits from ¢mploytn¢nt with the charity or a related enlity were received by the truslees, 14. FINANCIAL PERFORMANCE OF THE CHARITY Unr¢stricted Restricted fiinds funds Total funds Donations Fundraising events Interest rcceivable 433 433 12.777 12.777 15 448 12,777 l2,284 13.225 Expenditure on ¢haritabl¢ activities Support costs 8.385 4,136 12,521 (12,073) 12.406 20,669 4,136 12,284 24,805 Net movement in funds Total funds brought forward 493 4,477 4,970 (11,580) 16,883 333 5,303 15
THE BRADFORD (PARK AVENUE) SPORTS FOUNDATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (coHtiHued) YEAR EiYDED 31 MAY 2025 15. INVESTMENT ENTITIES Subsidiaries and other illvestments The fonner subsidiary company. Hor5fall Community Stadiuni CIC ceased trading at 31 May 2024 the only transACtions reflected in these accounts are the final ti'ansactions to closure. The CDinpany was d&ssolved in February 2026. Trading results of the Community Inteiyst Company 2025 2024 Summary of trading results Turnover Total expenditure Interest re¢¢ivabl¢ 120 406,028 (4,606) (393,595) 15 Loss for the year Assets Liabilities (4,486} 12,448 48.804 53,530 16. DEBTORS 2025 2024 Trad¢ debtors Prepayments and accrued income Other debtors 45,867 176 2.003 924 924 48,046 Charity 2025 2024 Horsfall Community Stadium CIC Prepayments and accru¢d income 6,945 l76 924 924 7,121 16
THE BRADFORD (PARK AVENUE) SPORTS FOUNDATION TrIOTES TO THE COI¥4SOLIDATED FINANCIAL STATEMEwfs (eonlinued) YEAR KNDED 31 MAY 2025 17. CRF,DITORS: amounts falling due within onc year 2025 2024 Trade creditors Accruals and deferred income Social security and other tsxes Other creditors 43,814 4.252 1.558 38 2,460 2,460 49.662 Chai'ity 2025 2024 Accruals and deferred income 2,460 1.165 18. ANALYSIS OF CHARITABLE FUNDS Unrestricted funds l Jiine 2024 Income ExpendittiiE Ti'ansfer5 31 May 2025 General funds 7.680 568 (7,915) 333 Jan 2023 Income Expenditure Transfers 31 May 2024 General funds (2,280) 406.262 (405,802) 9,500 7,680 17
THE BRADFORD (PARK AVENUE) SPORTS FOUNDATION NOTES TO THE CONSOLIDATII D FINANCIAL STATEMENTS (conliniied) YEAR ENDED 31 MAY 2025 18. ANALYSIS OF CHARITABLE FUNDS (continued) Restfieted funds l June 2024 Incoine Expenditur¢ Transfers 31 May 2025 NLT Men's Fit Club Bradford Council Holiday Fund Barclays Girls Football Ladies, toilet block (1,865) 4,465 {2.150) 450 6,342 4,812 1.000 2,500 (9.351 ) (783) 1,803 217 2,500 4,477 12,777 (12,284) 4,970 l Jan 2023 Income Expenditure Transfers 31 May 2024 NLT Men's Fit Club Bradford Council Holiday Fund Barclays Girls footbaIl Ladies toilet block 790 3,428 9.985 (12.640) (3.428) (1,865) 21.456 (5.614) (9,500) 6,342 4,218 31,441 (21,682) (9.500) 4,477 National League Trust (NLT) A community plan ig funded by the NLT. The community plan is nomially intended to be delivered over a 2-year period. Grant payments are made by instillments. The ¢urr¢nt NLT approv¢d cornmunity plan will be delivered over a 3-year period. Bradford CounGiI- Holiday Club for Children. Barclays Girl's Football - funding towards a girl's football team. Ladies, toilet block- funding to provide improved facilities for ladies. 18
THE BRADFORD (PARK AVEIYUE) SPORTS FOUNDATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMEf4TS (conliniied) YEAR ENDED 31 MAY 2025 19. Af4AL YSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Restricted Total Funds Funds Funds 2025 Tangtble fix¢d assets Creditors less than l year Net assets (2,460) (2,460) 5,303 4,970 Unrestrirted Restricted Total Funds Funds Funds 2024 Tangible fixed assets Current assets Creditor5 le5S than l year Net assets 57,343 (49.662) 7,681 4,477 61,820 (49.662) 12.158 4,477 20. GUARANTEES ANJ D OTHER FINANCL4L COMM17MEf4TS Th¢ Trustees confirm, in accordance with th¢ Charitable Incorporated Organisation (General Regulation 2012), that at the year end the CIO did not have any 0111standing guarantees to third parties nor any debts secured on the assets of the CIO. 19