CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From To 0610412024 0510412025 Period start dats Period end date Charlty name: Norfolk Clubhouse Charity registration number: 1183862 Objectives and Activities SORP r*fernr Para 1.17 Summary oflhe purposes of the charity as set out in ts governing document Norfolk Clubhouse's objectives are to relieve persons in Norfolk by the provision of opportunities to individuals who are socially or vocationally disabled by mental illness, to recover confidence and develop skills necessa lo achieve their otential. Thorpe Hamlet Hub- Carrow Hou•0 Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Parn1.17aTrJ 1.19 On 14110124, we vacated Pilling Park Community Centre and relocated to Carrow House, King Street, Norwich. officially opening to Members on 04111124, We now occupy four rooms in Old Carrow House, including a large workroom, office space, a small meeting room. and a Storeroom, under a three-year licence. Our opening hours at Carrow House are Monday. Wednesday. and Fnday, from 10am to 4pm. We are currently reviewing our volunteer and sessional support, with opportunities available for onboarding additional team members. The move, discussed in advance with Members. included support plans lo ease the transrtion. However, the 1.3 mile distance proved challenging for some Members living near the former location, leading them to seek alternative support, something we facilitaled in collaboration with them. Despite ils proximity to the city centre, Ca￿oW House has been perceived as 'out of town" and poody signposted. impacting new Member recruitment. We continue to promote the venue via social media and newsletters and have launched bi-monthly Coffee Momings to build communit en ement and increase visibility. Watton Hub From April 2024 to January 2025, the Watton Hub operated weekly 2-hour sessions. Thanks to funding from Bred(land District Council. we added a second weekly session starting on 10101125, and continuing to run twice weekly since then. In September 2024, we welcomed a volunteer Craft Coach who led workshops in printmaking techniques such as Cyanotype and Tetra-pack. This resulted in a body of framed athiork, lo be showcased in a local exhibition at the Dragonfly Gallery in Watton. From November 2024, one of our Members began formal volunteering al the Hub, offering Feer support, listening Spa￿$, and baking workshops. This Member is now receiving training in safeguarding and counselling, supporting their goal of future paid employment. Collaboratlve Worklng At both Hubs, ￿ continue to build partnerships with individuals. organisations, and businesses, volunlary and statutory, to create mutually beneficial opportunities for our Members and the wider community. We confirm the Trustees have had regard lo the Charity Commission's guidance on public benefit. Statement ¢onfirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit P•ra 1.18 Additional Informatlon {optlonal) You ma choose to include further statements where relevant about.. SORP reference P•ra 1.38 Policy on grant making NIA Parq 1.38 Policy on social investment including program related investment NIA The Norfolk Clubhouse website has been built and is maintained by a volunleer who generously donates their time and expertise. Para 1.38 Contribution made by volunteers Our volunteer Coachlmentor continues to support Members, and a second Craft Coach joined the Hub in September 2024 to ex and our creative offerin Candour selected us as their Charity oflhe Year for 2025. sin￿ January, their team has supported us by volunteering, assisting with fundraising, and leading our rebranding efforts. A self*mployed sessional worker continued delivering facilitated sessions at our Watton Hub through to April 2025. Other At our Thorpe Hamlet Hub. another self- employed sessional worker, provided s8wing and craft related sessions through to October 2024. and continued at Carrow House through to April 2025. Achievements and Performance SORP reknr During the financial year 06104r24 to 05104125 we sustained our Hubs in Thorp8 Hamlet and Watton. We moved lo Carrow House in October 2024, providing us with a rn0￿ secure base. Summary ofthe main achievements of the charity. identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Porn 1.20 We delivered 109 facevto-face weekly sessions, ranging from 2 to 5 hours, offering coaching and mentoring on mental and general health, art and craft workshops, cooking for wellbeing. and peer-to-peer support. As a result. of our Members have secured volunteer roles with other charities, having gained confidence in inteThiews and application processes. Our move to Carrow House in October 2024 provided a more permanent base from which to work, plan and grow. It supplied the opportunity to be open for up to 3 days week from 10am 10 4pm each day, providing scope to work more deeply with our Membets on proje¢t$ of Inte￿$1 We now deliver more activities to grow confidence and skills and 1-2-1 coaching sessions to help redu￿ anxiety and provide a person- centred. tailored support around each of our Members, needs. One of our Members now attends twice weekly at Carrow House. When they joined in 2023, they had additional outside support every weeks. Following a review. this support is no longer needed due to their Clubhouse attendance and growth in confidence. skills arKI abilities. The Watton Hub has a core group of 14 Members. One is now a formal volunteer, supporting other Members and another is Mentoring residents at a Homeless Charity Hostel. We have grown our Membership at the NoNiich Hub to 10 with a regular attendance of 7 Members each week day. We also support our Members, carers, who benefit from respite while their family members attend Ihe Clubhouse. This has been especially helpful for one parenl of an adult who was unable to find local support thal met both their needs. Additional information loptionall You ma Ghoose to include further statements where relevant about: Short-Tem) Objectives Achieved We have successfully sustained both the Watton and Norwich Hubs, with regular v￿eklY groups of Committed Members. Our goal of securing a semi-permanent base in Norwich at Carrow House has been achieved. Achievements against objectives set P•r8 1.41 This allow8 US to expand our a¢tivities and operate at least three days a wè8k. Our 5 year collaboration with Norwich EGo-Hub led to Ihe creation of NoNich Unity Hub, a registered chariiy in which Norfolk Clubhouse aclively participates as a Member. We hold a licence to occupy Carrow House for th￿e years. starting from Octobèr 2025. The Nomich Hub is now recruiting new Members and WOTking collaboratively with local voluntary organisabons, businesses, and Unity Hub Residents to co Watton Town Council Aquarius Charttable Foundation RC Snelling Charitable Trust Geoffrey Watling Charity Paul Bassham Charitable Trust Ann French Charity Gifts in Kind We also appreciate the valuable non-cash support provided.. In Kind Direct - Credit awards for essential goods. Candour Agency Ltd - Professional services in PR, marketing. and furKlraising throughoul 2025. Investment policy and objectives including any social investment policy adopted NIA Para 1.46 Our main source offunding remains funding bids to donor organisab"ons. Thanks to our Trustee Catherine Farrar and her team at Candour, we have also re￿iVed in this accounting year donations from corporate organisalions. A description of the prinapal risks facing the charity Parn 1.46 We seek to diversify our income in the next 12 months to include trading in providing goods and services. Our Norwich hub will assist in this process in having a workroom and additional resources on site to provide workshops and training to individuals and cornpanies around mental health. These activities will provide our Members with meaningful experiences, whilst involving them in fundraising for the Clubhouse as a Member activity. A major risk is not teing findable in order to be fund-able. The location of our Notwich hub has little passing footfall. Social media is awash with posls. Infomiation overload militates meaningful and productive engagement. Our strategy is to source an affordable pop up space in the city centre or nearer to extensive footf811 We are actively seeking this and expect to have sourced a retail space within the next 6-12 months. We will utilise Linkedln more strategically, having consulted an expert in this area to connect wtth prospective partners. Cybercrime is a risk. We review our insurance annually to reflect this and have policies and procedures to reduce potential harm in relation to handling and storage of confidential information. During this period we have recwited another o Trustees to support our PRJMafketing and Governan￿. We have not been successful in recruiting reliable and Committed volunteers this reporting period for spècific roles. The Clubhouse Model does not rely on volunteers historically as Members are encouraged to take an active role in running the organisation. Our existing sessional workers remain in place. We are exploring recruiting and employing some part-time staff to provide continuity and extended delivery of our work now that we have the opportunty to O￿ll extended hours. The Founder Trustee is a key individual in the operational and strategic running of the Clubhouse. Succession Planning has now been initiated as a process to recruit paid employees, utilise fully the skills and strengths of our Truslees and firm up delivery of our mission in all areas for our Members and other stakeholders. Other Structure. Governance and Management Description of tharity's trusts.. Type of goveming document Para 1.25 Constitution How is the charity constituted? Para 1.25 Charitable Incorporated Organisation ntsr#lpd Trustee selection methods including details of any ¢on51itutional provisions e.g. election lo post or name of any person or body entiUed to appoint one or more trustees Para 1.25 1. Apart from the first charity trustees. every trustee musl be appointed for a term of three years by a resolution passed at a propedy convened meeting of the charity trustees. 2. In selecting individuals for appointmenl as charity trustees, Ihe charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. 3. Apart from the founding trustees, all our Trustees were recruited through Reach Volunleerin Addltlonal Infomiatlon {optlonall You ma choose to include further ststements where relevant about.. All new Trustees ar8 provided with a basic induction and offered relevant Iraining opportunities in foundational Trustee training. Any additional training is offered as necessary and to support the needs of the chanty. Policies and procedures adopted for the induction and training of trustees Parn 1.51 Trustees are infomied of relevant training opportunities via regular email updates includin refresher trainin Trustees meet every hyo months. being responsible for strategic decision making concerning major projects and finance. Trustees are consulted betsveen meetings as necessary to operalionalise work identified. Addits'onal meetings are arranged with su committed to work on specific issues. The charity's organisational strudure and any wider neljvork wilh which the charity works Para 1.51 The Founder Trustee is responsible for operational deasions at Watton and Norwich Hubs in regular consultalion with Members and Sessional Workers. Clubhouse Members are Gonsulted within the weekly sessions by the sessional facililalors. Any ideas. issues or concems are then communiGated to the Founder Truslee and then relayed to the Trustees Whe￿ relevant. The Norwich Hub is now a Member of the Norwich Unity Hub, a charity set up lo ulilise empty office and retail spaces for community use. Our base at Carrow House, Norwich now provides additional opportunities for our Members and the charity to work with other charities and CIC'S for the benefit of those they seNe and the general public who attend events and Servi￿ delive durin the week. Relationship with any related parties Para 1.51 NIA Other Reference and Administrative details Chari name Other name the charit uses Re istered charit numf￿r Charity's principal address Norfolk Clubhouse 1183862 Carrow House 301 King Street Norwich NR12TG Names of the charity trustees who manage the charty Datss act¢d N notfor whole Trusts• nam• Offlc•111 any) Nam¢ of p•rson lor body) entitled Qint tru•te ifan June Webb Founder Trustee (Chairl Trustee Mark Trenavin- Body Mark Toole Trustee Bertone Santos- Socorro Trustee From 22107123 to 30109r2024 Catherine R Farrar Fraser Ulph Matthew Cook Olivia Williams Trustee Trustee Trustee Trustee From 18101125 From 22103125 10 12 13 14 15 16 17 18 19 20 orate trustees - names of the directors at the date the re txrector name rtwasa oved Name of trustees holding trtle lo property belonging to the charity Tru•te¢ n4m• Dats• act•d If nol for whole Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objeGts Details of arrangements for safe custody and segregalion of such assets from the charity's own assets Additional infomiation {optional) Names and addrosses of advisers (Optional Inforn￿tionl Type of Name Address adviser Name of chief executive or names of senior staff membors Ioptional inforniationl Exemptions from disclosure Reason for non4isclosure of ke rsonnel details Other o tional information Declarations The trustees declare that they have approved the trustees, report above. Slgned on behalf of the charity's trustees Slgnaturels Full name{s) June Webb Position {e.g. Secretary. Chalr, tecl Founder Trustee (Chairl Date Charity registration number 1183882 NORFOLK CLUBHOUSE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2025 NORFOLK CLUBHOUSE LEGAL AND ADMINISTRATIVE INFORMATION Trust Mfs J Webb Mrs CR F8￿r Mr M Tfènavin4ody Mr F Ulph Mr MA Toole Mr M Cook Ms 0willia￿ (Appointed 18 January 20251 (Appointèd 22 March 20251 Charity number 1183W2 Prlnelpal address 301 King Street Norwieh NR1 2TG Auditor Jennison Acwunting Ltd st Georges ￿knrks 51 Colegate Nowch NR3 1DO NORFOLK CLUBHOUSE CONTENTS Pag• Trust•8s' report Stal?nwnt of trustees. T￿ponsIbl1rties Ind8pendonl audrtof$ report St8t•Thnt offin•ncwl •¢tNrt*$ Balance sheet Stat•m8nt of ¢8sh lows Notes to the financial stst•m•nts 7-12 NORFOLK CLUBHOUSE TRUSTEES, REPORT FOR THE YEAR ENDED 5 APRIL 2025 The trustee5 prèsent their annual report ond financtal staterrents for the year ended 5ApTiI 2025. The financial staternents have been prepared in aecordance %Mth the aceounting poI￿leS set oirt in note 1 to thè financial statements an(J o)mply with the Norfolk Clubhouse's const"rtution. the Charities Ad 2011 and "Accounting and Reporting by Charrties". Statement of Recommended Pracbce applicable to charttiès Pfeparing their accounts In accordan￿ wrth the Finane¢al Reporting Standard ap￿￿ble in the UK and Rèpublic ol Ireland IFRS 1021, leffèctive 1 January 20191. Objectives and activitiès Public ￿￿&hI The trustees havè pald due regard lo gU￿ance tssued by the Charty Comrrission in deciding what achvth.es the Norfolk Clubhouse should undertake. Financial revi•w R6s6ryes policy It is the policy of the Norfolk Clubhouse that unre5trided funds which have not been designated for a specific use should be maintained at 8 ￿Ve1 equivalent lo between thrèe and six rrK•nth'5 expendrture. The trustees consider that reserves at this lèvel wll ensure that. in the event of a significant drop In funding, they will be able to continue the Norfolk Clubhouse's current acbvitiès while consideration gwen to ways in which &Ydititin81 lunds may be raised. This level ol rèseNes has been maintained throughout the year. structure. govemance and maTrage￿nt The Norfolk Clubhouse is a charrtable incorporated organisation. The trustees who served dunng the year and up to the date pf signature ofthe financial statèmgnts were.. Mrs J Webb Mrs CR FarTar Mr M Tren8vin-Body Mr F Ulph Mr MA Toole Mr M Cook Ms O William$ R•crultment and appjlntment of truotees New trustees are appointed based on the skills and experience required to support the charty'5 govèmance and strategic direction. The existh.ng trustees idenb.ty suitablè candidates through Ioc81 netsvorks and community engagement, ensuring alignment Yrtth the charty's value5 and objecbves. rospectwe trustÈès undergo an indudion Pr￿e$S. whith includes an overview tsf charty's activthes, a review oft e Charty Commission guidanee tor trustees, and an introdu¢*(>n to thè chanty's governing documents and policies Appointments are fornalty made by a resolution ofthe board oflru5tees and recorded in the fftnutes. None ol the trustees has any beneficial interest In the company. Al ofthe trustees are wember5 ofthe ￿T￿panY 8nd guarantee lo contnbute £1 in the event of a winding up_ IAppry'nted 18 January 20251 IAppKJinted 22 March 20251 The company's eurrent policy conceming the payment of tradè credrtors Is to follow the CBI'S Protrpt Payérs Cc*Jè Iwpie5 are available from the CBI, Centre Point. 103 New thford Street London ￿lA 1DUI. The eompanls Current policy concerning the payn*nt of trade creditors is to.. settle the iems of p8yment wrth supplier5Ythen agreein9 the tèrms of each transaction, ensure that suppl*rs are ma(le aware of the terrrs of payment by Inclusion of the relevant terms in contracts,. and pay in accordance with the corrpanls contr8Ctual and other kgal obligations. Trade c￿drt0rs of the company at the year ènd wèrt èquivalent to 9 dafs purchases, based on the average daily amount invoiced by suppliers during the year. Organisational Structurè The organisation Is led by the 8oard ol Truslees. who 8re responsible for seth.ng str8tègie direction and ènsunng gotsd governance. DBy4&day operats.ons are carried out by vdunteer5 and project leads under trustee supervish)n. NORFOLK CLUBHOUSE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 The Imstees, report was appfQVtd by th• Board of Trustees. Mrs J Webb Ch•lr Date". NORFOLK CLUBHOUSE STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 5 APRIL 2025 The trustees are responsible for preparing the Trustees. Report and the financial ststements in aecordance with 8pplieablo law and United Kingdom Accounting StaTrJards (United Kingdom Genèralty Aceepted Accounting Practice). The law applieable to char￿.e5 in England and Wales requires thè trustees to prepare financial ststements for each financ181 yèar which gwe a truè and fair view of the State of affairs of the Norfolk Clubhouse and of the incoming resour￿$ and applicab.gn of resources of the Norfolk Clubhouse for that year. In preparing these fin3ncaal 5tateft*nts, the trustee5 are required to.. - salect surtable accounting wlicies and then apply them consistenty". - obseNe the mgthods and principlès in the Chartties SCfiP- - make judgements and 8sb"mates that ar¢ reasonable and prudent state whether applicable accounb.ng standards have been follcwed. subject to any material departures diselosed and explainad in the financial statements., and prepare the financial State￿nts on the going cx)ncem basis unless rt ￿ inappropnate to presurrE that the charty 11 continue in opernthon. The trustees are rèsponsible for ￿epIng suffiuent accounb.ng Tecords that dLgdose with reasonable aceuracy at any time the financial posrtion of the Nortolk Clubhouse and enable them to ensure that the financial statements comply with the Chantvas Act 2011, the Charity IAco)unts and Reports) Regulats'ons 2008 and the provisions of the trust deed They are also responsible for Safeguarding the assets of the Norfolk Clubhouse and hence for tsking reasonable steps for tre prevenlbjn and detecb.on of fraud and other iNeguknts"es. NORFOLK CLUBHOUSE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 5 APRIL 2025 2025 2024 Not•¥ Income from: Donations and l•g•¢i•s 53,704 14,372 Total Inco 53,704 14,372 Ex￿ndIture on.. Charitable act￿￿'•S 18.167 9,692 Total ?xpendlturn 18.187 9,8V2 Net Income And mc+v•m•nt In fvnd• 35.537 4,880 Reconclllatlon of funds: Fun(J balances at 6 April 2024 39,511 34,831 Fund b•lAnGe• at S Aprll 2025 75,048 39,511 Th* slat¢m?nl ol finanaal activit￿ indud•s all gains and k>8￿8 r•cognis•d in th¢ yo•r. All incom8 and •xpenditur• denve from conbnuing actNrti•s. NORFOLK CLUBHOUSE BALANCE SHEET AS AT 5 APRIL 2025 2025 2024 Fixed assets Tangible a55ets 7.215 5,164 Current assets Debtors Cash at bank and in hand 265 68,048 265 34.562 68.313 34.827 Creditors: amounts falllng due WTthin one year 10 14801 14801 Net current assets 67.833 34,347 Total a$5ets lèss current liabllllies 75.048 39,511 assets excludirvJ penslon liabilty 75.048 39,511 The fund¥ of the Norfolk Clubhouse Uniestricted Funds Restricted Funds 37,917 37.131 26,813 12,698 75.048 39,511 The financi41 statements were approved by the trusteès on ............ .. Mrs J Webb Chair NORFOLK CLUBHOUSE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 5 APRIL 2025 2025 2024 Cash flows from operatlng activities Cash generated from operatsons 12 35,537 4,895 Invèstlng actIv￿leS Purchase of intsngible assets Purchase oftsngible fixed a55ets 12.0511 11.2351 cash used In Investlng xtlvitlts 12,0511 11,2351 Flnancing actrvl*"es Repayment of borrowings 11,3371 Nèt Cash (used inygèneratÈd from nancing actlvrtles 11,3371 Net Increase In cash and cash equivalents 33,486 2,323 Cash and ¢gsh ¢qUNalents at beginning of year 32,504 Cash and cash equivalents at end of year 68.048 34.￿2 NORFOLK CLUBHOUSE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2025 Accounting pOl￿1&S Charlty Information Norfolk Clubhouse is a charty. 1.1 Accounting convention The financial statements have been we ared in aecordance wrth the Norfolk Clubhousè's constrtution, the Charities Ad 2011, FRS 102 "The inanu81 Reporting Standard applicable in the UK and Republic of Irel8nd" I'FRS 102.1 and the Charities SORP "Aecounting and ReportyrTrg by Charith"es". Statement of ReCOm￿ended Praciice applicable to Char￿e$ preparing their accourts in accordance wth the Financial Reporting Standard applicable in the UK and Republ￿ of Ireland IFRS 1021" (effective 1 January 20191 The Norfolk Clubhouse is a Public Benefft Entty as defined by FRS 102 The finanual statemants have departed from the charit￿ (Aecounts and Reports) Regulatsons 2008 only to the extent required to prowde a true and tsir wew. Th15 departure has Involved followng the Statement of Recommended Pracbcè for charrt￿5 applying FRS 102 rather than the version of the Ststement of Recommended Praebce vthich Is rele￿e￿ to In the Rè9ulaknons but which has since been wthdrawn. The financial staten*nts are prepared in sterfing, which is the frjnth.onal currèney of the Norfolk Clubhouse. Monetary amounts in these financ￿1 staterrEnts are rounded to the nèarèst£. The financial statements have teen prepared under the historical ttsst convention, Imodffied to include the r￿alua￿'0n of freehok1 Pfoperbes and to indude investn*nt properb'es and certain financial instruments at fair Vdluel. The principal accounting polKies adopted are set out below. 12 Golng concem Al the tin* of appromng the ffinancial Statements. the tnjstees have a reasonatrAe expectation that the Nortolk Clubhouse has adequate resourcès to continue in operatsonal existence for the foreseeable future. Thus the trusteas continue to adopt thè going cyjncem basis of accounbng in prepaFiftg the financial State￿￿Trts. 1.3 Charitsbk lunds Unrestrictèd funds are available for use at the discrntion of the trustees in furth*ranc• of their eharrtab18 objedives. Rastrieted funds are subject to 5pecffic eondthons by donors or grantors as lo how they be used The purposes and uses of the restricted funds are set out in the notes lo the financial statements. Endowrnent funds are subjèet to specthc Cond￿On$ by donors thal the c8Prtal must be maintained by the Norfolk Clubhouse. 1A Income Income is recognised vthen the Norfolk Clubhous8 is le9alty •nttlèd to rt aftèr any perfomaneè eonditions havè baen met, the affKJunts Can be rreasured relvabty. and rt is wobablt that ineoma wll be rècawtd. Cash donations are recogni5ed on receipt. other donations arè rècognis8d once the Norfolk Clubhouse has been noknfied ol th¥ donab"on, unless perf0MMn￿ condib.ons require deferral of the amount Incon* tax recoverable in Felation to donations received under Glft Aid or iJeed5 of Govenant 15 recognised at the time of the donats'on. Legacies are recognised on receipt or othèrnmst rf thè Norfolk Clubhousè has nob.fied of an impending dstribution. the amtyJnt ts known. and receipt is expècted If thè anxjunt is not knovm. thè legacy 15 treated as a contingent asset NORFOLK CLUBHOUSE NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED S APRIL 2025 Accounting policie• (Continued) 1.5 Exp¢ndltur• Expenditure is recogni$tsd On￿ th&ro ￿ a l¢yal or ¢on$tru¢tNe obligation to transfer econ¢m¢ benefit to thir4 paty, rt is probabl¢ trat • transfer of ocononw¢ benefits will be required in settSemen( and the aff￿Unt of thè obligab"M ¢an be nxasured reliably. Expenditure i8 classified by ath'vity. The costs of each athity are made up of the total of diract costs and Sha￿d ¢o$t$, including Support ¢o$ts involved In undortaking ¥ath a¢b"wty. Dir*¢t ¢ost$ attribut8bl¥ lo a single aetwity ar8 alloeat8d dirtttty to that aebvity. Sharnd costs which contribut8 to m)rè than onè actwty and support costs which are not attributable to a sin9le aetmty are apportioned befvéefrn those actNrties on a basis consistent with the use ol resources. Central stsff costs are allocated on the basis of time spent. and d•pr8eiation ¢h4rg¢$ 91¢ alb¢•ted on th¢ pgrtKsn olthe a5s?Y5 115?. 1.6 T•nglbl• flx•d *#••t• Tangible fixed a55ets are Inrtially r￿aSured at ￿8t and subsequentty m&asur•d at cost or valuab'on. not of deprgaats.on and any Impalm￿nt losse& Depreciation Is recognised so as to wmle off the Cost orvaluats'on of assets less their residual values over th•ir uselul INe5 on the k)Ilowing base5'. Plant and ¢quipment - 0% reducing balanc The gain or lo$s on$ing on the dispc*sal of an •ssel 15 deterrrined as the difference betsveen the sale procaeds gDd th• ¢8rrying valy• oflhe 85s01. and is ro¢ognised in the stateThnl olffinaThcial actN￿.88. 1.7 Impalrment of Ilxed 4•8•ts At e8¢h reporting end dale. th• Norfdk ClubhtyJ3e thè c•ryi'ng •mtyJnts of its tangible assets lo del¢rmine wh¢lh¢r there is any indication that those 855et5 have suffered an Impair￿nt loss. 11 any such Indication exists, the r•cov•rat4e arNunt of the aS￿t ra •sbrMtsO In order to ¢Jet•mn• tho &xt8nl ol th• impairrnent10ss lil any). 1.8 Ca•h •nd c••h •qulv•l•b)ts Cash anil cash equwalènts Inelud• ¢a$h irt h•nd. d•po%ts held at call wrth banks, other short-terrn liquid investThnts wrth original maturits'es of thr•e rrKJnth$ or 18ss, and bank owrdrafts. Bank 0￿rd￿ft6 ar• shown wrthin borrowings in current liabilrties. 1.9 Fln•n¢lal In*truments The Norfolk Clubhouse has elected to apply the provt5ion5 of SeCt￿n 11 'BasK Financkql In51ruments' and Section 12'0ther Finanual In5twments Issue5, of FRS 102 tts all of rt5 fjn8na81 instrurrents. Financial instruments are recogni5ed In the Norfolk Clubhguse's balqnce 5he¢t when the Norftslk Clubhouse b8com8s paty to th• eontractual provisions ofthè Instrunwnt Financial 855ets and liabilitses are offset, the nel amunts prosented in thtr financial $tst¢nwnt$, wh&n there is a legally enforceable right to Set off the recognised 8rrK)unts and theTe is an intenknon t¢ settle 9n • net basis or to reaSise the asset and setue the liabilty simuAaneou51y. B•sle financial •ss•ts Basic finaneial assèts, %thich indvde dèbtors and cash 8nd bank b81ances, are initially measured al transaction pri¢e including iransactson ¢￿ts and arg subsequen￿Y carr*d at amortised cost using the eff¢cti interest method unle55 the arrangement constitutes a financing transacts¢)n, where the transadion is measured at the present value of the fijture receipts discounted at a m8rk8t rat8 of interest Financial assets classified as receNeble wthin ye¥r ar¢ not amothstd. NORFOLK CLUBHOUSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED S APRIL 2025 ounting pollcl•s (Continued) B8si¢ financl•l Ilablllti•s Basic financial Iiabilrties. including Credr¢0￿ and b8nk104ns are Inrt¢ally recognised at transacb.on prieè unlèss the arrangement constitutes a financing transath"on. where the debt instrurrent Is mea5urÈd at the present value ot the future payments discounted at a market rate of interest. Financial IiabilitsÈs classified as payable wf(hin one year arè not arrnrtised. Debt instwments a￿ subsequèntty Carried at aryKJrtised cost, using the effectNe interest rate method. Trade credrtors are obligations to pay for goods or semces that havè baen acquired in the ordinary course of operations from supplièrs. Amounts payable are cla5sthed as current liabilffj.es rf payment Is due within one year or less. 11 not they are presented as non-current liabilrties. Trade credrtors arè recognised ini(ially al transathon prica and subsequentty rnèasu￿d at arrKJrtised cosl u5ir¥J the effeetivè Interest method. Derw¢ognltlon of flnancial li•biliti8s Financial liabilrties are defecognised when the Norfolk Clubhouse's contractual oblig8b"on5 *xpits or are discharged or eancelled. 1.10 Employee beneffts The cost of any unused holiday errtitlerrEnt 15 reeognised in the period in which the èmployee's seNces are eèNed. Termination beneffts arè rècognksed irnrnediatety a5 an expènse when the Norlolk Clubhouse is demonstrably committed to terminate the employment of an employèe or to provide termination benefts. DonatSons and kgxies 2025 2024 Oonations and gifts ReStr￿ted frjnds 13.934 39.770 1.674 12.e98 53.704 14,372 NORFOLK CLUBHOUSE NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 5APRIL 2025 Expendltur• on ¢harltabl¢ xtiviti 2025 2024 Dlrect C￿1¥ Offico expens85 Admin expenses ststitsn•ry and prinbng Publicrty expenses Accountsncy fees Consultancy •xp•nses 9.903 6.418 4,143 4,682 20 146 523 178 554 1.225 18,167 9,692 Anily•l• by fvnd Unrestricted fvnds Reslnclod funds 2,827 15,340 9,692 Tru•t• Non• of the trustees ILY any persons connected theml receNed any femunerats'on or beneffts from the Norfolk Clubhous• du￿n0 the y•or. Employm• The aver8ge r￿nthlY number of eryloyees durirvJ the yeor was.. 2025 Number 2024 Number Tot•1 Th•r• were no employees vthose annual re￿￿n￿akn.0n was ￿K)re than £80.000. R•mun•r#tknn of k•y m•nag•m•nt p•rsonn•l The remunerknn of key m8nageft*rtt p*rsonnel was as Tollovo.. T•x•tk*n Thè eharrty is •x•rrpt from t&xation on rts aetsvrt￿s because all its inLxJme is applied for chanlable purpose5. 10- NORFOLK CLUBHOUSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 T•nglblè fixed a8•ets Plant and •4u#ment Cost At 6 April 2024 Addition$ 5,164 2,051 At 5 April 2025 7.215 Carylng amount At 5 April 2025 7,215 At 5 April 2024 5,164 D•btOf• 2025 2024 Amounts Ialllng du• wbthln on• y••r'. Oth*r d•btOTS 285 26S Lo•n$ *nd ov•rdr•ft• 2025 2024 'r¢¢tors' loans Payabkn wthin on• year 10 Crndltor•'. 4mount• f•lllng due wlthln one ye•r 2025 2024 Borro￿ngS Accruals and delerrod incorre 480 480 11 NORFOLK CLUBHOUSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 11 Movement In Unre•trlcted and Restrfcted Fund• The unrestn'cted lund5 01 the charty the Un￿￿nded baSan¢es of donations and grants which are not subject to specffic Condit￿n5 by donors and 9fantors as to how th•y may be used. These include designated fvnds which have been Set aslde of unrestrietèd funds by the trustees for specific purposes The r85triet•d funds ofth• charty rfrw￿ent inconw recoived that is subpct lo speafie eondrtiorts Imposed by tho donor or grartt Pfomdw. Th•s• funds must b• used for the part￿U￿r purpose Inl¢nd¢d by th• donor At 6 Aprll Incomlng Ruourc•• 2024 re•ourco• •xpnd• At S Aprll 2025 Unrestricted funds Restncted funds 26.813 12.698 13,934 39,770 12.8271 115.3401 37.920 37.128 Prevlou• y•4r: At 6 Aprll 2023 In¢omlng Re•ource• r•sourc•s expended At S Aprll 2024 Unrestncted fvnds R•$lri¢tèd funds 34,831 1.674 12,698 19.6W21 26,613 12,898 2025 2024 Surplus for tho y•ar 35.537 4.680 12 Ca•h generat•d from owr4tlon• MOve￿￿￿ts In working ¢aprtal Incr*a$• in creditors 215 C••h generated from op•ratlon• 35,537 4,695 13 Analy81¥ of ¢hang•s In r*t lund• The Norfolk Clubhouso had no material debt during thè year. 12- Charity registration number 1183882 NORFOLK CLUBHOUSE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2025 NORFOLK CLUBHOUSE LEGAL AND ADMINISTRATIVE INFORMATION Trust Mfs J Webb Mrs CR F8￿r Mr M Tfènavin4ody Mr F Ulph Mr MA Toole Mr M Cook Ms 0willia￿ (Appointed 18 January 20251 (Appointèd 22 March 20251 Charity number 1183W2 Prlnelpal address 301 King Street Norwieh NR1 2TG Auditor Jennison Acwunting Ltd st Georges ￿knrks 51 Colegate Nowch NR3 1DO NORFOLK CLUBHOUSE CONTENTS Pag• Trust•8s' report Stal?nwnt of trustees. T￿ponsIbl1rties Ind8pendonl audrtof$ report St8t•Thnt offin•ncwl •¢tNrt*$ Balance sheet Stat•m8nt of ¢8sh lows Notes to the financial stst•m•nts 7-12 NORFOLK CLUBHOUSE TRUSTEES, REPORT FOR THE YEAR ENDED 5 APRIL 2025 The trustee5 prèsent their annual report ond financtal staterrents for the year ended 5ApTiI 2025. The financial staternents have been prepared in aecordance %Mth the aceounting poI￿leS set oirt in note 1 to thè financial statements an(J o)mply with the Norfolk Clubhouse's const"rtution. the Charities Ad 2011 and "Accounting and Reporting by Charrties". Statement of Recommended Pracbce applicable to charttiès Pfeparing their accounts In accordan￿ wrth the Finane¢al Reporting Standard ap￿￿ble in the UK and Rèpublic ol Ireland IFRS 1021, leffèctive 1 January 20191. Objectives and activitiès Public ￿￿&hI The trustees havè pald due regard lo gU￿ance tssued by the Charty Comrrission in deciding what achvth.es the Norfolk Clubhouse should undertake. Financial revi•w R6s6ryes policy It is the policy of the Norfolk Clubhouse that unre5trided funds which have not been designated for a specific use should be maintained at 8 ￿Ve1 equivalent lo between thrèe and six rrK•nth'5 expendrture. The trustees consider that reserves at this lèvel wll ensure that. in the event of a significant drop In funding, they will be able to continue the Norfolk Clubhouse's current acbvitiès while consideration gwen to ways in which &Ydititin81 lunds may be raised. This level ol rèseNes has been maintained throughout the year. structure. govemance and maTrage￿nt The Norfolk Clubhouse is a charrtable incorporated organisation. The trustees who served dunng the year and up to the date pf signature ofthe financial statèmgnts were.. Mrs J Webb Mrs CR FarTar Mr M Tren8vin-Body Mr F Ulph Mr MA Toole Mr M Cook Ms O William$ R•crultment and appjlntment of truotees New trustees are appointed based on the skills and experience required to support the charty'5 govèmance and strategic direction. The existh.ng trustees idenb.ty suitablè candidates through Ioc81 netsvorks and community engagement, ensuring alignment Yrtth the charty's value5 and objecbves. rospectwe trustÈès undergo an indudion Pr￿e$S. whith includes an overview tsf charty's activthes, a review oft e Charty Commission guidanee tor trustees, and an introdu¢*(>n to thè chanty's governing documents and policies Appointments are fornalty made by a resolution ofthe board oflru5tees and recorded in the fftnutes. None ol the trustees has any beneficial interest In the company. Al ofthe trustees are wember5 ofthe ￿T￿panY 8nd guarantee lo contnbute £1 in the event of a winding up_ IAppry'nted 18 January 20251 IAppKJinted 22 March 20251 The company's eurrent policy conceming the payment of tradè credrtors Is to follow the CBI'S Protrpt Payérs Cc*Jè Iwpie5 are available from the CBI, Centre Point. 103 New thford Street London ￿lA 1DUI. The eompanls Current policy concerning the payn*nt of trade creditors is to.. settle the iems of p8yment wrth supplier5Ythen agreein9 the tèrms of each transaction, ensure that suppl*rs are ma(le aware of the terrrs of payment by Inclusion of the relevant terms in contracts,. and pay in accordance with the corrpanls contr8Ctual and other kgal obligations. Trade c￿drt0rs of the company at the year ènd wèrt èquivalent to 9 dafs purchases, based on the average daily amount invoiced by suppliers during the year. Organisational Structurè The organisation Is led by the 8oard ol Truslees. who 8re responsible for seth.ng str8tègie direction and ènsunng gotsd governance. DBy4&day operats.ons are carried out by vdunteer5 and project leads under trustee supervish)n. NORFOLK CLUBHOUSE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 The Imstees, report was appfQVtd by th• Board of Trustees. Mrs J Webb Ch•lr Date". NORFOLK CLUBHOUSE STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 5 APRIL 2025 The trustees are responsible for preparing the Trustees. Report and the financial ststements in aecordance with 8pplieablo law and United Kingdom Accounting StaTrJards (United Kingdom Genèralty Aceepted Accounting Practice). The law applieable to char￿.e5 in England and Wales requires thè trustees to prepare financial ststements for each financ181 yèar which gwe a truè and fair view of the State of affairs of the Norfolk Clubhouse and of the incoming resour￿$ and applicab.gn of resources of the Norfolk Clubhouse for that year. In preparing these fin3ncaal 5tateft*nts, the trustee5 are required to.. - salect surtable accounting wlicies and then apply them consistenty". - obseNe the mgthods and principlès in the Chartties SCfiP- - make judgements and 8sb"mates that ar¢ reasonable and prudent state whether applicable accounb.ng standards have been follcwed. subject to any material departures diselosed and explainad in the financial statements., and prepare the financial State￿nts on the going cx)ncem basis unless rt ￿ inappropnate to presurrE that the charty 11 continue in opernthon. The trustees are rèsponsible for ￿epIng suffiuent accounb.ng Tecords that dLgdose with reasonable aceuracy at any time the financial posrtion of the Nortolk Clubhouse and enable them to ensure that the financial statements comply with the Chantvas Act 2011, the Charity IAco)unts and Reports) Regulats'ons 2008 and the provisions of the trust deed They are also responsible for Safeguarding the assets of the Norfolk Clubhouse and hence for tsking reasonable steps for tre prevenlbjn and detecb.on of fraud and other iNeguknts"es. NORFOLK CLUBHOUSE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 5 APRIL 2025 2025 2024 Not•¥ Income from: Donations and l•g•¢i•s 53,704 14,372 Total Inco 53,704 14,372 Ex￿ndIture on.. Charitable act￿￿'•S 18.167 9,692 Total ?xpendlturn 18.187 9,8V2 Net Income And mc+v•m•nt In fvnd• 35.537 4,880 Reconclllatlon of funds: Fun(J balances at 6 April 2024 39,511 34,831 Fund b•lAnGe• at S Aprll 2025 75,048 39,511 Th* slat¢m?nl ol finanaal activit￿ indud•s all gains and k>8￿8 r•cognis•d in th¢ yo•r. All incom8 and •xpenditur• denve from conbnuing actNrti•s. NORFOLK CLUBHOUSE BALANCE SHEET AS AT 5 APRIL 2025 2025 2024 Fixed assets Tangible a55ets 7.215 5,164 Current assets Debtors Cash at bank and in hand 265 68,048 265 34.562 68.313 34.827 Creditors: amounts falllng due WTthin one year 10 14801 14801 Net current assets 67.833 34,347 Total a$5ets lèss current liabllllies 75.048 39,511 assets excludirvJ penslon liabilty 75.048 39,511 The fund¥ of the Norfolk Clubhouse Uniestricted Funds Restricted Funds 37,917 37.131 26,813 12,698 75.048 39,511 The financi41 statements were approved by the trusteès on ............ .. Mrs J Webb Chair NORFOLK CLUBHOUSE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 5 APRIL 2025 2025 2024 Cash flows from operatlng activities Cash generated from operatsons 12 35,537 4,895 Invèstlng actIv￿leS Purchase of intsngible assets Purchase oftsngible fixed a55ets 12.0511 11.2351 cash used In Investlng xtlvitlts 12,0511 11,2351 Flnancing actrvl*"es Repayment of borrowings 11,3371 Nèt Cash (used inygèneratÈd from nancing actlvrtles 11,3371 Net Increase In cash and cash equivalents 33,486 2,323 Cash and ¢gsh ¢qUNalents at beginning of year 32,504 Cash and cash equivalents at end of year 68.048 34.￿2 NORFOLK CLUBHOUSE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2025 Accounting pOl￿1&S Charlty Information Norfolk Clubhouse is a charty. 1.1 Accounting convention The financial statements have been we ared in aecordance wrth the Norfolk Clubhousè's constrtution, the Charities Ad 2011, FRS 102 "The inanu81 Reporting Standard applicable in the UK and Republic of Irel8nd" I'FRS 102.1 and the Charities SORP "Aecounting and ReportyrTrg by Charith"es". Statement of ReCOm￿ended Praciice applicable to Char￿e$ preparing their accourts in accordance wth the Financial Reporting Standard applicable in the UK and Republ￿ of Ireland IFRS 1021" (effective 1 January 20191 The Norfolk Clubhouse is a Public Benefft Entty as defined by FRS 102 The finanual statemants have departed from the charit￿ (Aecounts and Reports) Regulatsons 2008 only to the extent required to prowde a true and tsir wew. Th15 departure has Involved followng the Statement of Recommended Pracbcè for charrt￿5 applying FRS 102 rather than the version of the Ststement of Recommended Praebce vthich Is rele￿e￿ to In the Rè9ulaknons but which has since been wthdrawn. The financial staten*nts are prepared in sterfing, which is the frjnth.onal currèney of the Norfolk Clubhouse. Monetary amounts in these financ￿1 staterrEnts are rounded to the nèarèst£. The financial statements have teen prepared under the historical ttsst convention, Imodffied to include the r￿alua￿'0n of freehok1 Pfoperbes and to indude investn*nt properb'es and certain financial instruments at fair Vdluel. The principal accounting polKies adopted are set out below. 12 Golng concem Al the tin* of appromng the ffinancial Statements. the tnjstees have a reasonatrAe expectation that the Nortolk Clubhouse has adequate resourcès to continue in operatsonal existence for the foreseeable future. Thus the trusteas continue to adopt thè going cyjncem basis of accounbng in prepaFiftg the financial State￿￿Trts. 1.3 Charitsbk lunds Unrestrictèd funds are available for use at the discrntion of the trustees in furth*ranc• of their eharrtab18 objedives. Rastrieted funds are subject to 5pecffic eondthons by donors or grantors as lo how they be used The purposes and uses of the restricted funds are set out in the notes lo the financial statements. Endowrnent funds are subjèet to specthc Cond￿On$ by donors thal the c8Prtal must be maintained by the Norfolk Clubhouse. 1A Income Income is recognised vthen the Norfolk Clubhous8 is le9alty •nttlèd to rt aftèr any perfomaneè eonditions havè baen met, the affKJunts Can be rreasured relvabty. and rt is wobablt that ineoma wll be rècawtd. Cash donations are recogni5ed on receipt. other donations arè rècognis8d once the Norfolk Clubhouse has been noknfied ol th¥ donab"on, unless perf0MMn￿ condib.ons require deferral of the amount Incon* tax recoverable in Felation to donations received under Glft Aid or iJeed5 of Govenant 15 recognised at the time of the donats'on. Legacies are recognised on receipt or othèrnmst rf thè Norfolk Clubhousè has nob.fied of an impending dstribution. the amtyJnt ts known. and receipt is expècted If thè anxjunt is not knovm. thè legacy 15 treated as a contingent asset NORFOLK CLUBHOUSE NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED S APRIL 2025 Accounting policie• (Continued) 1.5 Exp¢ndltur• Expenditure is recogni$tsd On￿ th&ro ￿ a l¢yal or ¢on$tru¢tNe obligation to transfer econ¢m¢ benefit to thir4 paty, rt is probabl¢ trat • transfer of ocononw¢ benefits will be required in settSemen( and the aff￿Unt of thè obligab"M ¢an be nxasured reliably. Expenditure i8 classified by ath'vity. The costs of each athity are made up of the total of diract costs and Sha￿d ¢o$t$, including Support ¢o$ts involved In undortaking ¥ath a¢b"wty. Dir*¢t ¢ost$ attribut8bl¥ lo a single aetwity ar8 alloeat8d dirtttty to that aebvity. Sharnd costs which contribut8 to m)rè than onè actwty and support costs which are not attributable to a sin9le aetmty are apportioned befvéefrn those actNrties on a basis consistent with the use ol resources. Central stsff costs are allocated on the basis of time spent. and d•pr8eiation ¢h4rg¢$ 91¢ alb¢•ted on th¢ pgrtKsn olthe a5s?Y5 115?. 1.6 T•nglbl• flx•d *#••t• Tangible fixed a55ets are Inrtially r￿aSured at ￿8t and subsequentty m&asur•d at cost or valuab'on. not of deprgaats.on and any Impalm￿nt losse& Depreciation Is recognised so as to wmle off the Cost orvaluats'on of assets less their residual values over th•ir uselul INe5 on the k)Ilowing base5'. Plant and ¢quipment - 0% reducing balanc The gain or lo$s on$ing on the dispc*sal of an •ssel 15 deterrrined as the difference betsveen the sale procaeds gDd th• ¢8rrying valy• oflhe 85s01. and is ro¢ognised in the stateThnl olffinaThcial actN￿.88. 1.7 Impalrment of Ilxed 4•8•ts At e8¢h reporting end dale. th• Norfdk ClubhtyJ3e thè c•ryi'ng •mtyJnts of its tangible assets lo del¢rmine wh¢lh¢r there is any indication that those 855et5 have suffered an Impair￿nt loss. 11 any such Indication exists, the r•cov•rat4e arNunt of the aS￿t ra •sbrMtsO In order to ¢Jet•mn• tho &xt8nl ol th• impairrnent10ss lil any). 1.8 Ca•h •nd c••h •qulv•l•b)ts Cash anil cash equwalènts Inelud• ¢a$h irt h•nd. d•po%ts held at call wrth banks, other short-terrn liquid investThnts wrth original maturits'es of thr•e rrKJnth$ or 18ss, and bank owrdrafts. Bank 0￿rd￿ft6 ar• shown wrthin borrowings in current liabilrties. 1.9 Fln•n¢lal In*truments The Norfolk Clubhouse has elected to apply the provt5ion5 of SeCt￿n 11 'BasK Financkql In51ruments' and Section 12'0ther Finanual In5twments Issue5, of FRS 102 tts all of rt5 fjn8na81 instrurrents. Financial instruments are recogni5ed In the Norfolk Clubhguse's balqnce 5he¢t when the Norftslk Clubhouse b8com8s paty to th• eontractual provisions ofthè Instrunwnt Financial 855ets and liabilitses are offset, the nel amunts prosented in thtr financial $tst¢nwnt$, wh&n there is a legally enforceable right to Set off the recognised 8rrK)unts and theTe is an intenknon t¢ settle 9n • net basis or to reaSise the asset and setue the liabilty simuAaneou51y. B•sle financial •ss•ts Basic finaneial assèts, %thich indvde dèbtors and cash 8nd bank b81ances, are initially measured al transaction pri¢e including iransactson ¢￿ts and arg subsequen￿Y carr*d at amortised cost using the eff¢cti interest method unle55 the arrangement constitutes a financing transacts¢)n, where the transadion is measured at the present value of the fijture receipts discounted at a m8rk8t rat8 of interest Financial assets classified as receNeble wthin ye¥r ar¢ not amothstd. NORFOLK CLUBHOUSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED S APRIL 2025 ounting pollcl•s (Continued) B8si¢ financl•l Ilablllti•s Basic financial Iiabilrties. including Credr¢0￿ and b8nk104ns are Inrt¢ally recognised at transacb.on prieè unlèss the arrangement constitutes a financing transath"on. where the debt instrurrent Is mea5urÈd at the present value ot the future payments discounted at a market rate of interest. Financial IiabilitsÈs classified as payable wf(hin one year arè not arrnrtised. Debt instwments a￿ subsequèntty Carried at aryKJrtised cost, using the effectNe interest rate method. Trade credrtors are obligations to pay for goods or semces that havè baen acquired in the ordinary course of operations from supplièrs. Amounts payable are cla5sthed as current liabilffj.es rf payment Is due within one year or less. 11 not they are presented as non-current liabilrties. Trade credrtors arè recognised ini(ially al transathon prica and subsequentty rnèasu￿d at arrKJrtised cosl u5ir¥J the effeetivè Interest method. Derw¢ognltlon of flnancial li•biliti8s Financial liabilrties are defecognised when the Norfolk Clubhouse's contractual oblig8b"on5 *xpits or are discharged or eancelled. 1.10 Employee beneffts The cost of any unused holiday errtitlerrEnt 15 reeognised in the period in which the èmployee's seNces are eèNed. Termination beneffts arè rècognksed irnrnediatety a5 an expènse when the Norlolk Clubhouse is demonstrably committed to terminate the employment of an employèe or to provide termination benefts. DonatSons and kgxies 2025 2024 Oonations and gifts ReStr￿ted frjnds 13.934 39.770 1.674 12.e98 53.704 14,372 NORFOLK CLUBHOUSE NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 5APRIL 2025 Expendltur• on ¢harltabl¢ xtiviti 2025 2024 Dlrect C￿1¥ Offico expens85 Admin expenses ststitsn•ry and prinbng Publicrty expenses Accountsncy fees Consultancy •xp•nses 9.903 6.418 4,143 4,682 20 146 523 178 554 1.225 18,167 9,692 Anily•l• by fvnd Unrestricted fvnds Reslnclod funds 2,827 15,340 9,692 Tru•t• Non• of the trustees ILY any persons connected theml receNed any femunerats'on or beneffts from the Norfolk Clubhous• du￿n0 the y•or. Employm• The aver8ge r￿nthlY number of eryloyees durirvJ the yeor was.. 2025 Number 2024 Number Tot•1 Th•r• were no employees vthose annual re￿￿n￿akn.0n was ￿K)re than £80.000. R•mun•r#tknn of k•y m•nag•m•nt p•rsonn•l The remunerknn of key m8nageft*rtt p*rsonnel was as Tollovo.. T•x•tk*n Thè eharrty is •x•rrpt from t&xation on rts aetsvrt￿s because all its inLxJme is applied for chanlable purpose5. 10- NORFOLK CLUBHOUSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 T•nglblè fixed a8•ets Plant and •4u#ment Cost At 6 April 2024 Addition$ 5,164 2,051 At 5 April 2025 7.215 Carylng amount At 5 April 2025 7,215 At 5 April 2024 5,164 D•btOf• 2025 2024 Amounts Ialllng du• wbthln on• y••r'. Oth*r d•btOTS 285 26S Lo•n$ *nd ov•rdr•ft• 2025 2024 'r¢¢tors' loans Payabkn wthin on• year 10 Crndltor•'. 4mount• f•lllng due wlthln one ye•r 2025 2024 Borro￿ngS Accruals and delerrod incorre 480 480 11 NORFOLK CLUBHOUSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 11 Movement In Unre•trlcted and Restrfcted Fund• The unrestn'cted lund5 01 the charty the Un￿￿nded baSan¢es of donations and grants which are not subject to specffic Condit￿n5 by donors and 9fantors as to how th•y may be used. These include designated fvnds which have been Set aslde of unrestrietèd funds by the trustees for specific purposes The r85triet•d funds ofth• charty rfrw￿ent inconw recoived that is subpct lo speafie eondrtiorts Imposed by tho donor or grartt Pfomdw. Th•s• funds must b• used for the part￿U￿r purpose Inl¢nd¢d by th• donor At 6 Aprll Incomlng Ruourc•• 2024 re•ourco• •xpnd• At S Aprll 2025 Unrestricted funds Restncted funds 26.813 12.698 13,934 39,770 12.8271 115.3401 37.920 37.128 Prevlou• y•4r: At 6 Aprll 2023 In¢omlng Re•ource• r•sourc•s expended At S Aprll 2024 Unrestncted fvnds R•$lri¢tèd funds 34,831 1.674 12,698 19.6W21 26,613 12,898 2025 2024 Surplus for tho y•ar 35.537 4.680 12 Ca•h generat•d from owr4tlon• MOve￿￿￿ts In working ¢aprtal Incr*a$• in creditors 215 C••h generated from op•ratlon• 35,537 4,695 13 Analy81¥ of ¢hang•s In r*t lund• The Norfolk Clubhouso had no material debt during thè year. 12-