GLOUCESTERSHIRE SQUASH ASSOCIATION TRUSTEES ANNUAL REPORT
AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025 Charity No. 1180594
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MAY 2025
| INCOME Senior England Squash Rebates League Registration Fees Senior Subtotal Junior Cadbury Donation Junior County Squad Subscription Junior Tournaments Saving Account Interest Junior Subtotal Income Total EXPENDITURE Senior County Squads Tournament Costs Website expenses Pro Player Sponsorship County Squad Kit Advertising/Promotion Bank Service Charge Senior Subtotal Junior Junior County Squad Junior Tournaments Junior Subtotal Expenditure Total EXCESS OF INCOME OVER EXPENDITURE |
2025 £ 1,651 2,795 4,446 - 1,625 652 128 2,405 6,851 - 425 1,446 1,500 402 - 675 9 3,107 2,688 873 3,561 6,668 183 |
2024 £ 1,588 - 1,588 2,153 2,145 866 120 5,284 6,872 651 200 261 1,500 238 - - 2,850 4,218 452 4,670 7,520 - 648 |
|---|---|---|
BALANCE SHEET AS AT 31 MAY 2025
| CURRENT ASSETS Lloyds TSB Current Account Senior Split Junior Split Lloyds TSB Deposit Account Senior Split Junior Split Paypal Account Senior REPRESENTED BY: CAPITAL ACCOUNT Balance at 1 June 2024 Excess of income over expenditure Balance at 31 May 2025 |
2025 £ 2,970 2,906 2,019 10,248 451 18,594 18,411 183 18,594 |
2024 £ 2,018 3,254 2,019 10,120 1,000 18,411 19,059 648 - 18,411 |
|---|---|---|
NOTES:
Income
2025: £6,851
2024: £6,872
The total income for 2025 is almost unchanged from 2024, with a slight decrease of £21. The senior income increased significantly, mainly due to a catch-up in league registration fees (£2,795 in 2025 vs £0 in 2024), while the England Squash rebates remained strong (£1,651 in 2025 vs £1,588 in 2024). Junior income, however, dropped from £5,284 in 2024 to £2,405 in 2025, primarily because the Cadbury donation was not repeated in 2025 (£0 vs £2,153), and junior county squad subscriptions and tournament income were both lower.
ndituro 2026: £6.668 2024." £7,520 Expenditure fell by £852 in 2025. Senior costs rose slightly. driven by increased spending on tournament costs (£425 vs £2001, webstle expenses {£1,446 vs £261 this was due to the timing of costs and a £750 Gmail hosting fee settlement). arKI county squad kit1£805 vs £238). There was also a new pro player sponsorship initiative (£1.500. unchanged from 2024).'Advertising arKI promobon saw a reversal, bMth a negabve expense of £675 in 2025 (this was due to the timing of the End of Season dinner with income recognised and the experKliture being incurred after the fiscal period). Junior experKlrture dropped from £4,870 to £3,561. 2025: £18,594 2024.. £18,411 The os$ociation's assets increased slightly, with both senior and junior splits remaining healthy. The Lloyds TSB accounts and Paypal balances show stabilty, the capital account refiects the years surplus. Commenta Senlor Sectlon: main Income stream was the England Squash Mambérship Rebate. The largest expenditures were on the senior C(nty squad. int8r•county events {partly sponsored lor kit), website costs. and a new initiative to fund pro players. The late invoicing of league subscription fees ked to a eatup in 2025. boosting income for the year. Junlor Sectlon: The main income sources were county subs¢ripts'ons and. in 2024, a Cadbury Trust donation. Expenditure focused on coaching and court hire for the county squad. Activity and costs were lower in 2025. Contr11ng to the overall surplus. These accounts h8ve been prnparnd by.. James Hesslon ACCA Ac¢ountant and GSA Treasurer Date.. 2911212025 Accounts Adopted at GSA AGM XXXXXXX
GSA Annual Report 2024 2025
Chairs Report
I am pleased to be able to report that the GSA has maintained its financial stability during the year to May 31[st] 2025. Revenues have covered the costs of operating activities such that the reserves have remained at a level of just over £18,000 at the end of the period. These results are pleasing and are fully detailed in the financial report and accounts which follow.
This gives the county scope to invest in the development of squash across the county and to promote participation at all levels. This has included support for a top talent seeking a career in the ranks of professional players, supporting our county closed tournament for our club players through to our development programmes to encourage participation of juniors to develop the players of tomorrow.
We continue to send team to the county championships where competition is fierce. Although our senior teams are not currently in the top level of these competitions, we continue to work to develop our teams to return to this level.
The country leagues continue to operate on a competitive basis; and we currently have a number of teams from outside the county playing in our leagues. We will seek to build on this in the coming seasons to ensure the league continue to offer a competitive outlet for those playing at the top level in their respective clubs.
During the year, Izak Heys agreed to take on the role of County Secretary to complete the roster of Officers for the County association. The team will now start to review the operation of the GSA to ensure that we update our approach to running the association in line with best current practice. This will include a review of Governance procedures, our approach to marketing squash in the county and a financial review to ensure that we use our funds as efficiently as possible.
We continue to engage with England Squash to connect with the activities of our governing body to benefit the support they offer to the county associations and seeking to influence them to maximise the value of the opportunity presented by squash being selected as an Olympic sport for the 2028 games in LA.
Finally, I wish to thank all those who work so hard to make squash in the county successful. Most of these people give their time on a voluntary basis and without – remuneration which we much appreciate it would not happen without their efforts.
Ewen Denning Chair