Charity registration number 1180381 (England and Wales)
CLAYGATE RECREATION GROUND TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
CLAYGATE RECREATION GROUND TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees J Snelling T Nuthall H E Jones R C Jones A Brown I Cunningham D Leonard L Smith B Full E Coomes (Appointed 1 June 2024) N Hemmings (Appointed 1 June 2024) Charity number (England and Wales) 1180381 Principal address Pavilion Claygate Recreation Ground Dalmore Avenue Claygate Esher Surrey KH10 0HQ Independent examiner F J Wilde FCCA MBA DChA Warner Wilde 4 Marigold Drive Bisley Surrey GU24 9SF
CLAYGATE RECREATION GROUND TRUST
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 4 |
| Independent examiner's report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8 - 15 |
CLAYGATE RECREATION GROUND TRUST
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".
Objectives and activities
The charity's objects are:
a) To manage Claygate Recreation Ground and the adjacent woodland for the benefit of the inhabitants of Claygate and the neighbourhood in accordance with a lease granted to trustees for the trust by Elmbridge Borough Council.
b) To provide such other facilities for recreational pursuits and other leisure time occupation in the interests of social welfare with the object of improving the conditions of life for the people resident in Claygate and the surrounding areas as the committee of management of the trust shall think fit from time to time.
There has been no change in these during the year.
Public Benefit
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. The trustees whilst volunteers seek to represent the diverse aspects of the Claygate community and those organisations which use the Rec as home venue for their sporting activities, predominantly Claygate Cricket Club and Claygate Royals Football Club. A list of the trustees can be found at Appendix ‘A’.
The formal aspects of this report i.e. the Accounts cover the period 1 April 2024 to 31 March 2025, however this report covers activities through to the current time. The logic for doing so is simple, the accounts represent what has gone, but it is important that we acknowledge the challenges and celebrate recent achievements.
The facilities the trust provides are for recreational pursuit, be that formally organised, informally organised or as a sole endeavour. The only differentiation made is that the trust charges users for organised sport as well as anyone who uses the grounds/ facilities as part of a leisure business.
The recreation ground is the home for Claygate Cricket Club and congratulations to them for the fantastic levels of participation at all age levels. It is also home to the junior and veteran sides of the Claygate Royals Football Club.
But recreation is not all about team games. We host thriving fitness/ wellbeing groups, ad hoc games of football, rounders, netball/basketball as well as dog walkers, dog training groups and people who just enjoy the ambience and the diverse nature of the recreation ground.
We are fortunate that we also have a playground. Whilst the playground is managed by Elmbridge Borough Council it undoubtedly contributes to the achievement of our purpose. Elmbridge Borough council is without doubt the Trust’s most important partner.
Our grounds are complemented by the café and our events room Treetops.
The café had been leased to PITP UK Limited for the past four and a half years. In July 2025, the Trust accepted PITP UK’s surrender of the lease and agreed a new lease with On The Rec Limited. OTR is owned and run by local Claygate residents Hugh and Sherill Taggart. It will continue to provide a focal point for many in the community throughout the week and a great resource for those who wish to have a more passive approach to recreation. The Trust is confident that OTR will invest in the café and ensure that the service and menu meet the needs and tastes of all users of the recreation ground.
Treetops is an established venue for fitness groups, events and meetings and children’s parties.
Vision
Our vision has not changed. The Trustees are a group of people who are unstinting in their contribution, who come from a mixture of backgrounds and experience and make up a team that coalesces around our purpose and vision.
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CLAYGATE RECREATION GROUND TRUST
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Events
Claygate Country 5 2025
The Claygate Country 5 was well supported by local running clubs and local residents with over 370 runners which has been the largest field since pre COVID.
Claygate Flower and Village Show
The Claygate Flower and Village Show is probably the most important event in the social calendar of Claygate and is organised and run by a devoted team of volunteers. It would be remiss not to recognise the efforts that went into the organisation of this year’s event. The show committee’s commitment, dedication and hard work was outstanding.
Gig on the Rec
The Gig on the Rec is the largest fund raising event for the Trust. It follows on from the Claygate Flower and Village Show but the reality is that planning starts the year before.
The planning was undertaken by a small team which this year has included Alan Brown, Lucy Smith, Declan Leonard, Geoff Eden, Paul Butler and Nick Stafford.
This year they produced a great event with all tickets sold out beforehand. The people of Claygate turned out in large numbers and partied right to the end. The Trust would like to thank the magnificent performers on the night as well as the team and the trustees who stewarded the event.
The Pavilion 2025
Maintaining the Pavilion presents significant challenge. Whilst it is still essentially a recently built asset, the upkeep and maintenance is significant.
Nevertheless, the Pavilion has now been open for almost five years. All the necessary support contracts are in place and the fabric and services are being maintained to a regular cycle.
Of course, as a well-used building, there continue to be challenges and issues over the last year ensuring we continue to learn how to get the best from our wonderful asset. In the coming year, the Trust hopes to redecorate the Pavilion in line with the customary five year cycle.
Treetops continues to be well used for classes during the week, although there is significant competition from other venues within Claygate for such class based activity. Weekend utilisation continues to be somewhat less than desired although it is frequently used as a venue for children’s birthday parties.
Financial Review
During the year ended 31 March 2025, total income was £116,461 compared to £118,172 in the previous financial year to 31 March 2024.
Although total income decreased compared to prior year, this was largely due to the receipt of a £10,000 grant in December 2023 for the installation of solar panels on the Pavilion roof. Otherwise, income increased in certain areas. Charitable activities benefited from higher Gig on the Rec income offset by lower variable café rental charges.
The grant from Elmbridge Borough Council to support the upkeep of the grounds remained unchanged at £33,230
(as it has done since 2004).
Total expenditure was £111,902 (2024: £105,666) covering essential grounds and pavilion maintenance and general administration. The increase in costs is primarily due to increases in repairs and maintenance (+£2,566), Gig on the Rec (+£2,452), utilities (£2,424) offset by lower water charges and legal fees.
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CLAYGATE RECREATION GROUND TRUST
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
The Trust continues to keep the level of operating expenditure for the pavilion and grounds under review in an economic environment where inflation remains a factor. The investment in solar panels for the pavilion resulted in a net reduction in electricity charges of £3,049 (23/24: £360). In the 18 months to the end of June 2025, the Trust had recouped 25% of the cost of the solar panels.
Repair and maintenance costs increased by 5% to £52,171 (2024: £49,605). This was attributable to £2,800 spent on installing security bollards at the main gates to the recreation ground and the replacement of gas struts to the pedestrian gates in order to keep children and pets safely inside the grounds. The Trust is keen to emphasise the safety factors involved in the fitting of these gas struts and the significant cost being incurred in carrying out repairs following recent damage. Cost increases in cleaning and general building repairs were offset by a £770 reduction (29%) in tree removal costs. It is expected that there will be a significant increase in tree removal costs in the next 12-18 months with the removal of the majority of the ash trees on the recreation ground that have been confirmed to be impacted by ash die-back disease. Non-cash depreciation charges were £13,635 (2024: £13,765).
There was capital expenditure of £994 during the year ended 31 March 2025 (2024: £5,763) which related almost entirely to the purchase of three accessible picnic benches for the recreation ground. This purchase was 50% funded by a grant obtained from Claygate Parish Council.
At 31 March 2025, total income funds stood at £588,675 (31 March 2025: £584,116) primarily comprising fixed assets of £497,552.
The reserves policy of the Trust reflects the Charity Commission guidance on the issues that need to be considered. It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to at least circa six months’ future cash requirements. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding or a significant increase in running costs, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
The Trust has worked to identify the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks.
The Future
The Trust operates feedback pathways to keep trustees abreast of changing needs and any concerns. These include our Facebook page, email and feedback at the café.
The reality is that given the financial restraints within which the trust must operate, there is a limit as to what can be achieved.
A 2024 Claygate wide survey highlighted that people thought that an outdoor gymnasium would be an opportunity to improve the facilities on the recreation ground. Consequently, the Trust will soon install an outdoor gym once the necessary licence has been approved by Elmbridge Borough Council. The cost of this project has been generously funded by a £20,000 grant from the National Lottery in May 2025.
The Trust remains keen to address the issue of drainage that arises during the winter months and is exploring the options around providing additional paths around the perimeter of the recreation ground. The Multi Use Games Area also needs a refresh. All these ambitions are currently beyond the Trust’s financial resources. The Trust needs to step up once again into fund-raising mode and would benefit from someone more experienced in fund raising skills.
Structure, governance and management
The charity is a charitable incorporated organisation registered on 19 October 2018.
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CLAYGATE RECREATION GROUND TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF CLAYGATE RECREATION GROUND TRUST
I report to the trustees on my examination of the financial statements of Claygate Recreation Ground Trust (the charity) for the year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.
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I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011.
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter 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 financial statements to be reached.
F J Wilde FCCA MBA DChA
Warner Wilde 4 Marigold Drive Bisley Surrey GU24 9SF
Date: 26 September 2025
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CLAYGATE RECREATION GROUND TRUST
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income and endowments from: Donations and legacies 3 34,478 - Charitable activities 4 81,171 - Investments 5 812 - Other income 6 - - Total income 116,461 - Expenditure on: Raising funds 7 741 - Charitable activities 8 99,775 11,386 Total expenditure 100,516 11,386 Net income/(expenditure) and movement in funds 15,945 (11,386) Reconciliation of funds: Fund balances at 1 April 2024 362,406 221,710 Fund balances at 31 March 2025 378,351 210,324 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 34,478 33,465 10,000 81,171 73,651 - 812 906 - - 150 - 116,461 108,172 10,000 741 663 - 111,161 93,584 11,419 111,902 94,247 11,419 4,559 13,925 (1,419) 584,116 348,481 223,129 588,675 362,406 221,710 |
Total 2024 £ 43,465 73,651 906 150 |
|---|---|---|
| 118,172 | ||
| 663 105,003 |
||
| 105,666 | ||
| 12,506 571,610 |
||
| 584,116 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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CLAYGATE RECREATION GROUND TRUST BALANCE SHEET ASAT 31 MARCH 2025 2Q25 2024 T•ngtl• ••¢•ts 13 497.$52 510.675 14 12 525 7177 18 048 65 793 C•sn Bt In Iw r* 7Q2 11.a47 15 1857 18 4C¢I 91.123 73441 588.f15 984,116 16 17 210.324 378.351 221 710 416 58B.87S 581 116 ABI
CLAYGATE RECREATION GROUND TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
Charity information
Claygate Recreation Ground Trust is a charitable incorporated organisation.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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CLAYGATE RECREATION GROUND TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
(Continued)
1.5 Expenditure
Liabilities are recognised as expenditure as soon as (i) there is a legal or constructive obligation committing the Trust to that expenditure (ii) it is probable that settlement will be required and (iii) the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Leasehold improvements 2% per annum Containers & equipment 10% or 20% reducing balance Wickets 33% straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
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CLAYGATE RECREATION GROUND TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
(Continued)
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Income from donations and legacies
| Unrestricted Restricted funds funds 2025 2025 £ £ Donations and gifts 1,248 - Grants 33,230 - 34,478 - |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 1,248 235 - 33,230 33,230 10,000 34,478 33,465 10,000 |
Total 2024 £ 235 43,230 |
|---|---|---|
| 43,465 |
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CLAYGATE RECREATION GROUND TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
4 Income from charitable activities
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Charitable Activities | |||
| Ancillary trading income | 15,685 | 13,635 | |
| Rental Activities | |||
| Charitable rental income | 65,486 | 60,016 | |
| 81,171 | 73,651 | ||
| 5 | Income from investments | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Interest receivable | 812 | 906 | |
| 6 | Other income | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Small grants | - | 150 | |
| 7 | Expenditure on raising funds | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Fundraising and publicity | |||
| Advertising | 741 | 663 |
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CLAYGATE RECREATION GROUND TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
8 Expenditure on charitable activities
| Charitable | Charitable | ||
|---|---|---|---|
| Activities | Activities | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Direct costs | |||
| Depreciation and impairment | 13,635 | 13,765 | |
| Rates and utilities | 17,107 | 18,177 | |
| Insurance | 1,820 | 1,596 | |
| Repairs and maintenance | 52,171 | 49,605 | |
| Administration and general expense | 8,262 | 7,277 | |
| GOTR | 16,116 | 13,664 | |
| Pavilion open day | - | (1,257) | |
| 109,111 | 102,827 | ||
| Share of support and governance costs (see note 9) | |||
| Support | 566 | 750 | |
| Governance | 1,484 | 1,426 | |
| 111,161 | 105,003 | ||
| Analysis by fund | |||
| Unrestricted funds | 99,775 | 93,584 | |
| Restricted funds | 11,386 | 11,419 | |
| 111,161 | 105,003 | ||
| 9 | Support costs allocated to activities | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Legal and professional | 566 | 750 | |
| Governance costs | 1,484 | 1,426 | |
| 2,050 | 2,176 | ||
| Analysed between: | |||
| Charitable Activities | 2,050 | 2,176 | |
| 10 | Net movement in funds | 2025 | 2024 |
| £ | £ | ||
| The net movement in funds is stated after charging/(crediting): | |||
| Fees payable to the charity's independent examiner: | |||
| - for other financial services | 1,375 | 1,335 | |
| Depreciation of owned tangible fixed assets | 13,635 | 13,765 |
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CLAYGATE RECREATION GROUND TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
11 Trustees
None of the trustees received any remuneration or benefits from the charity during the year.
12 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
13 Tangible fixed assets
| Leasehold improvements Containers & equipment £ £ Cost At 1 April 2024 549,548 27,322 Additions - 512 At 31 March 2025 549,548 27,834 Depreciation and impairment At 1 April 2024 53,514 12,681 Depreciation charged in the year 11,451 2,184 At 31 March 2025 64,965 14,865 Carrying amount At 31 March 2025 484,583 12,969 At 31 March 2024 496,034 14,641 |
Wickets £ 3,155 - 3,155 3,155 - 3,155 - - |
Total £ 580,025 512 |
|---|---|---|
| 580,537 | ||
| 69,350 13,635 |
||
| 82,985 | ||
| 497,552 | ||
| 510,675 |
In 2021, expenditure of £690,161 was recovered under a property development agreement with Elmbridge Borough Council and is not included within the leasehold improvements shown above.
14 Debtors
| Amounts falling due within one year: Trade debtors Other debtors Prepayments and accrued income |
2025 £ 4,723 4,302 3,500 12,525 |
2024 £ 6,874 3,315 5,859 |
|---|---|---|
| 16,048 |
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CLAYGATE RECREATION GROUND TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
15 Creditors: amounts falling due within one year
| Trade creditors Other creditors Accruals and deferred income |
2025 £ 4,794 250 3,535 8,579 |
2024 £ 4,905 250 3,245 |
|---|---|---|
| 8,400 |
16 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At 1 April | Incoming | Resources | At 31 March | |
|---|---|---|---|---|
| 2024 | resources | expended | 2025 | |
| £ | £ | £ | £ | |
| Pavilion Rebuild project | 212,033 | - | (10,276) | 201,757 |
| Claygate Sign | 656 | - | (131) | 525 |
| Solar Panels | 9,021 | - | (979) | 8,042 |
| 221,710 | - | (11,386) | 210,324 | |
| Previous year: | At 1 April | Incoming | Resources | At 31 March |
| 2023 | resources | expended | 2024 | |
| £ | £ | £ | £ | |
| Pavilion Rebuild project | 222,309 | - | (10,276) | 212,033 |
| Claygate Sign | 820 | - | (164) | 656 |
| Solar Panels | - | 10,000 | (979) | 9,021 |
| 223,129 | 10,000 | (11,419) | 221,710 |
17 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 April | Incoming | Resources | At 31 March | |
|---|---|---|---|---|
| 2024 | resources | expended | 2025 | |
| £ | £ | £ | £ | |
| General funds | 362,406 | 116,461 | (100,516) | 378,351 |
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CLAYGATE RECREATION GROUND TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
| 17 | Unrestricted funds | (Continued) | |||
|---|---|---|---|---|---|
| Previous year: | At 1 April | Incoming | Resources | At 31 March | |
| 2023 | resources | expended | 2024 | ||
| £ | £ | £ | £ | ||
| General funds | 348,481 | 108,172 | (94,247) | 362,406 | |
| 18 | Analysis of net assets between funds | ||||
| Unrestricted | Restricted | Total | |||
| funds | funds | ||||
| 2025 | 2025 | 2025 | |||
| £ | £ | £ | |||
| At 31 March 2025: | |||||
| Tangible assets | 287,228 | 210,324 | 497,552 | ||
| Current assets/(liabilities) | 91,123 | - | 91,123 | ||
| 378,351 | 210,324 | 588,675 | |||
| Unrestricted | Restricted | Total | |||
| funds | funds | ||||
| 2024 | 2024 | 2024 | |||
| £ | £ | £ | |||
| At 31 March 2024: | |||||
| Tangible assets | 288,965 | 221,710 | 510,675 | ||
| Current assets/(liabilities) | 73,441 | - | 73,441 | ||
| 362,406 | 221,710 | 584,116 |
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