Charity registratbjn nurnbpr 1187897 {ErjrNI and Wales) Comparby reswstration number 01755572 THE MEDWAY BADMINTON ASSOCIATION LIMITED ANNUAL REPORT AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
THE MEDWAY BADMINTON ASSOCIATION UMrrED CONTENTS Pa98 Indedent exawinprfs rewt ststemenlaffffi8rKial artMiEs Nota$ lo th8 fnarKi8lsial8fttÉ 7.17
THE MEDWAY BADMINTON ASSOCIATION UMrrED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 30 APRIL 25 Th8 trustees, wtK) are asDthe dreLx5 fofts putwse5 kn. thgr rewJlarKI the unaudited finano stments the chty fcl the yeareThlÈd 30Arfftl 2D25. Raf8ren¢t and a¢knini$tratlvtr thtal TrLthO0S G T Struthws H TJ AthaeS A J K Rogws Cswt Vsyou harlty numb•r 1187897 Compahy numb•r 01755572 REgistsTed offiGo ¢asleffl•ne Hal Gi1hryqI Kent ME7 2QE Independe examlner 61 LorKkn Road ME16 8TX financ481 stal8m*iL8 ha wepai¥J in ihè atty)unbr4 set r¥Jt i) 110 financial •3tements and CoMY with Ihe charity's g)¥erring d1menL c[XnsACt 2tK)6 aThd"AccoLitng and Rep(Ybng by Charibes.. Statement of Re(rJeed Prathe to charibe5 wepamg lhr accounts n a[x0rda 1th the Financial Rewrfiry Stsndard applcalle UK Reput1 of IFRS 1021. leffpclive 1 January 20191.
THE MEDWAY BADMINTON ASSOCIATION UMrrED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 APRIL 25 Otyectfves and actlvlUes tharity's purpose 1$ 10 9ar( ol badmirtw and (rther athtic and pastin for benefft of Ihe the Medw8y Iws surrwnding dthts. aims ol our £baritV sre to ityyeasè ¥81% part)¥1 and ini8r8st w) Wminton, both en 8nd off the tourt. Wo wthl( osely with IKal sth)ols. the NH5. ar¢ tH)Ih Medway Sports De¥ek4)ment and Keni Swts Devebpmeni Unit5 to ensure our aims fully refiect the purSeS for the thariiy xas set up. We revie¥y our aims. obpcti¥es. and athvitie5 each yfyar. This re¥W rK)tmly Iwk at Yrtwt ¥¥e have act¥e4 in the wevw$ 12 nwVE. rf any changes of dYB¢knon are needed, or rf we can increa5eiJur presen sth(th and the communty The Medway klen's Bangladeshi GrDUP IMhABBGI ntinUeS 10 use Ihe KIBA fly swal aThJ reve81 rlay and use ¢yJr tstile5 10 htssi crynpetibve iourn8Wts such as ihe SE R11 Twmamwil whith also irthd&s Ihe kleday BawJ8de$hi Iydlare assoty8lioD. In alt. the Medway Chnese Mell1st Clyjrch IMCMCI are and plw at vatiOU5 bmes dunng the week. Kent PLlice have s0 bewme Mnber$, rdawro f(Ythighty and hosled their RegK)n Twmarnent )1 the KIBA. MBA h8s estrbll$h reonshipS with pnmaTS' and work with a seco[ry Sch on 115 IratK)n day. We have refetred lo the guidance contaned In the Charity comrn1ssTh$ genera on pub¢ wiefit whn tyjr ams and obpctsves and In pl)ning our future tie5. In particular. the IrLwee$ eonshr W pkgnned aciMliPS ¢Inbule to the aims 8nd objectyves they have sel. Athl8vements and kfwmarbCe We have a bk1 sysleffl %vhth enables rnernber5 TrAlors lo the MBA to benefii fr(wn our work have ac£es5 10 CDUrts lo play al a le¥d SLItsb trSe15. We sess15 all day Salurdays. on Surday rnomiws. and on MaraY aftei schwl. ReCly, ** have sel up è Thisday coachm9 seSSn after school for chikren of Ihe KIMBBG. T5 give5 all the thildien tre QPPOTILY¥ty to IEam skilts wj ru Df the gatDB. I iryroves Ib[ levd5 uf filne85 3rKJ mtal he8th, WDrkiro tojether behawTrJ in 8 sotialty way. are looking train the children to the point wnere Ihey can play for ckkns. wrfh Sor reathiThJ cwnty standard. lo a chafftje In fundThJ, we are providirvJ free court lim8 lo a LAC Chi ith SEN. who hai re(xwThJ itNIMdual coathing ftx soe tiTne. 80th the child and hi5 host fAmily hxvP. hp.np.firtprf fmm thp.%p. 8e.X%Thl 1th io IhAI wd.lthng Wp Piavit1p. I diffp.rpnl'lArfip4 fin1 ¢.%qon% dilry tha viatrk. Ad¥ertBwig in a bcally PLYIsh frF m4knne ntin$ lo bg VWY sutttssful in rocNitin4 ladios thai art teresled In N)ining grow)s. MBA works dosdy wrth the NHS Physica Alkan pn)vKles a hmIntOn3Sed exercise class which knks lo sp¢t tthY hfestyle initiatws desr to bath (l)esily. Mso. (ljnng Ihe bgdninlon Season Isepletnber lo Mèyl w husl the Kent vetsran's [reS agai5( othei (x)unt5 n aye gtDUPS ftvm 35 to 70 years Each Sepkmber, Keni BadnIOn Lld OLX fatilrfies kn ht6t the N4astsrs and SerJK Resknded TtyJmamenw- this 18 part oftr tselethn kyocess for Itrese Ctyjnty Teéxms. The S8Ctfftdary SchiKls Games Gills event Medway atKI Kent StxKts Dpvdoprnenl Uni15 Ivas held al the MBA in Nuv8tnb8r for girfs the Satne event for Boys In Oecwnber- (wr prett¥585 al a reduced Tal8. We also hosted the Regkmal Fina in Febru1 whch as run by Badmitan ErL9nd. li November we provided'grM)die bags- for each toarn at tho Mini-youkn Gam06 whth att[ts 4( wmwy sclths. d9¥0pml officgr ran sgssions at Rainham School for Girf5 a5 part of1hr tmsibon day year 6 pwds into year7. We open on Fnday evenings CtyMmunityts£Kial Wminlon where we hatr attee$ fr¢m a r8r9e of agas firJm 7 to 70. Tris is parb¢ul8rfy for fanyly grwps Ihe o)murity. We also org8nise fiisi Ir8iniryJ far lot1 coth players. 8nd we he the mises to a k¢al first ahl tr8inirKJ cotnpany. We have a c(xrpelTbve league Strre. dubs witing ieams lor thbles lrnen's and wom2n'5 painngs onlyl and tnixed Ipami. Cluts 31ways at player5 vthh a lo gethng thpTn lo a dub. arKJ we fe plÈyers ftom tho Frvjay Pay an¢J P* sesswts Into 1h¢Jb8.
THE MEDWAY BADMINTON ASSOCIATION UMrrED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 25
Fln8n¢lal I1•W
Total income fTr- the y£ar amwnteyl to £108.39512024-£118,5571 The nel def1 i¥n for the year amurted to £28.377
1202Jl . surplus £22,4(Kl. Total r&sv8S at @nd of the y8ar wAr8 .455 12tr24 - £232,832>. RBs8rv88 aro hBld for th
ontsrKJÉd upJ[e and Tn8inlenan of the prem. Tre Inj5 are of IhpopK)n Ihai the reserves are sufficient to meet
ihe futur8 wJrknw c•iil requrwDFnts. TherB rwJ iestrKled resetyes.
InvestffEnl gain during the year was nil 12024 È7.3081. HDwew. a nel realld investment gain of £3,817 was
reciyJnIs durirwj the year. fdkiwng the di¥x)5a of invesknenl
Thp detrdleA aixounts are thefrAkr paJ25.
Irusiees h8ve cwpld VAlh duty il secr 17151 ofthe ¥111¢$ 2011 10 have regard wklarKe puYished by
ihe Ch8rilY8s Conynissin in resFd ¢f wbIebfil
Structuro, govomance and rnanagem•nt
coryany Is run by ekcied m8n8gewtnt c(thmityee (Board ol Dire¢tty51 whKh rts w a rewl8r basis. Member5 of
Ihis Board ¥e elected a4nually atlhe annual general IArtcs 16.2 16.3). Tl fflanag8Thent comtnittee discusse
business matters and Gperabona Issues ttEYeby the Bcard rna
THE MEDWAY BADMINTON ASSOCIATION UMrrED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE MEDWAY BADMINTON AsslATIoN LIMrrED
I r8Wrt to Ihe trlee5 my exatr4nalKJn vfthe statw[LS Th8 Mwhyay 8Jnton ASSO Lirnited Ilhe
charity) ftylhe year ended 30 Aprl 2025.
R$sponbIllIFy arKI basls of rtport
As Ihe bust888 ofihè d)8rity l)d rtsdweC¥frJr tre ppose8 ofctmpry 1. ytyJ r8sponsth rryr815on
of lh8 finarwl stalernwts in accordarK8 with Ihe wir•rw)ts of ConwarsA¢l 2(.
satBfied trrysoWth firwnrial St*e• oftlp ch¥ity requrwl to be aLKlited Part 16
CofflpaniesAcl 2006 and are elyble for KKIeenleXaNnat. reFKKt resped of rny examinatron of the charty's
financ4al Statnei5
THE MEDWAY BADMINTON ASSOCIATION UMrrED STATEMENT OF FINANCIAL ACTIVMES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 APRIL 2025 Unrosirtod VnrOStyi¢t lunds lund5 2025 Notss In¢ome and frndowmonts from.. Donations and legacEs Ch¥itabÈ tyvibes Other tradiTrJ adivibes Investrmen19 2.974 71.OSI 32.071 2.2 3.&fj2 74.031 37.181 3.593 Totsl Income 108.395 118,S57 onthtur• on.. Costs Ofolk[trad1ng activthes 123.8721 ExpeThliture on cwl8We activrfies 191.3761 172,0501 Total charfiable expenLIiWfr 191.3761 72,0501 14 125.5411 Total 8xrtr0 114Q.5891 1103.4611 Net realid Investment17 15 3.817 Net lèxp•nditutyyin¢omo forth• y&1 Net IoulgoingKinv)Mu 126.3771 15.(96 oth•r r•cognls•d galns and kiss•5 Other gains or kn5S 17 7.&>8 Not movernnl in funds 128,3771 22,404 Fund balar at 1 May 2024 232.832 210.428 fur balances ot 30 Aprll 2025 204.455 232.832 StalwentQfffinaal actrvits nckJde5 all gains 3j k)ws rewiwl in the year. 51aternenl of finanual athitEs inthde5 all gairsaThl knsses in the year. iroNne expeThlure derive tontiming aclwilks. The 5tatem8nt of fnarKia acbvitms with th8 tequwWTtS an inu)tne atxl expenditu a(xx)iJnl under the Corrn)ani8s Act 20(.
THE MEDWAY BADMINTON ASSOCIATION UMrrED BALANCE SHEET ASA T30APRIL 2025 2025 2024 Flx•d assgls Tangib a55ets 18 212.488 158.837 Cuvr•nt a88•ts Sloc Debtors 19 8.857 9.729 1.788 172.348 15.071 21 Cash at bar and bi 117.110 127.948 198.936 CrgdltOVs: amuwtslalling wilhin one year 15.(Y331 Net trJff•nt assds 119,366 193.843 Totsl 0s$9ts1gss ¢urTrnt ltsbllitss 331.854 362. Deferred irKorne 23 1127.3991 1129.8481 Net assets 204.455 232.832 In¢ome funds Unresirrled fuThJs 204.455 232.832 204.455 232.832 is entiued to tt)e eXenwb¢n thèaLvJit w) 477 oftrÉ ConwansAct 20, for the year en¢Jed 30 Aryil 225. The directots their reSStles foruXnp.rwj ilh requrernents oflhe Ci>fftpanACt2[m16 resp2cI to acwuntiry records and prepatatw rI)arKial siètwhÈnts. mmbws hava ncl ru1r th? ¢cThwy io obtaii an 8udit of its fmancial statements for In QLStion in accOrdanWith sectK)n 476. These finaTrial stalernents havtr Mi wilhthp KKovtsiorts to tornpanies bJect 10 t small c(ynpanie5 regirr Ih&fin8ncl ststsm8nts apryovtd bytr Trusteestr) 11 Awsi 3025 Rogers TIu8t& C Swng C¢Jmparry rnuistration number01755572
THE MEDWAY BADMINTON ASSOCIATION UMrrED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 25 AOUnt9 pol195 Charity inlarmBtit The Nledvlay Badminkn Ass(oation Linitgd Ba wvalfr cwny IwThted by waranlge irKOrated in Engl 8nd Wa5 The re5iaered Offi 15 Casthmair Hal. Ic ca5lleneAue. GilitvJHtn. K&rt. ME7 20E. The finantial starfftnts halt in a¢¢rdarte th the ttoriV$9ovemiry docurneni. the Comparles Aci 2006, FRS 102 Tr Fin8roal RerAMirg stsw¢ apF4rablein the UK Reputlr of Irebnd- I"FRS 102,1 and the Chant5 SORP'Accowting and Rewrbng by Ch3rtbes." StatetOf RecoMThnthd Prdctre appluble lo charibes [Pp9 Ih&r accounts in a((ncE the FYTraI Retirj sdard apIrlIe In Ihe UK and REpub&'B of Irdand IFRS 1021" left8ctsv• 1 jUary 20191 The tharity is a Pubhc 8fil Entityas d$fin by FRS 102. The charity has laken advonw ¢YtrE SORP fOrtharI to rxepare a Smem ofcash Flo ie fiilaiKi41 S1nlIlS ¢ilv Il Siwlifvj, v4hKth is fwMNwl ufiiw twiily. mo11srya1n0Un15 1heSefinCI stslements ae rOUed to the n8aresl £. Tre finanty81 SlenniS ha•e been pryed urthr the ¢Mventn. m(lfied to 1rdle there¥tiOn offreehold propertses ar to h4veslment Fmopthes certain finan(ia i1nIments al fair value The prinupal accountkng polKEs Bdopted are set outbebw. 1.2 Going concem Al the time of approviry Ihe finaal S&temts. the bu5tee5have a rea53b expectabon that charity has adequats resources 10 conbnue in 0petaln8l exi%tetth fDr the fotesee& futtxè. Thus thp tru$iees (x)ntnue lo alopt thè going eCKM Ofsecntiy F) prif¥j thèfffiartial stat4mènls. 1.3 charitable fvnds Unre.Ktrthd are use atthe of the trustees fv[thera[ Ofthertharitae obFthves. Restrthd suCl specsfr¢thSlW6 by dortss as to hLYw th8y rfiay be used. The wrpos8$ and u5e5 oflhe EStrted are setwt in the notesto Ihe fmanual atements. ErKlowfftentfun( are to speak (X)115 by thaith& (xptal rnust be m&ntaned by th8 chty. 1.4 In¢omg IOrne is reCOgned when the charity is legalty enltded to it afier any CX)tKlthons have teen mel, the )ounts be IJr8d abty. aThJ Nis il ber81¥8. Cash d&Trati5 are rwIS recept. Otherthakns we re(xtd I>e Ih2 chffj Yas been notified of the donaton. Unle perf[Mre¢dthtrs ol the a1. Intxxnp tax reerdb in rÈlats(M 10 d¢>nalS er &ft Awj LY J$ of Cont k8 81th? tF) Legaup5 are recwr¥5ed recwpl or rf the chatity has b2en rfd of an impending di51ributsw, the nt Is knovln. and rep1 is expected. If the amount n( knIMm. lh2 W is treat as a conkngent asseL
THE MEDWAY BADMINTON ASSOCIATION UMrrED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 APRIL 25 ACcoUntw pol•e$ (Continued) .5 Expenditure Cxpendilure Is ognISed I1here oriThstnMNe dAvja1to tra[the(Orn1C benefrttoa third party, rt 1$ kYObabl6 thai a Iransfrotrth bènaffts ba reQred w) Stlty8ff1. amoml of oblKJabon Can b& mea9Jred rdigbly. ExpPrKIlu is d¥s5ifpd byxtyty. (xEts oleh vity tnJ& pOIttP tdal of dirp¢twsts ¥t¥J shared rosits. induding suptx)rt(X)sts involved in utKJprtakry eath thty. Dta)Sts attritxnable to a Sr¥J aGtivity are 311orAted dirttvy 10 th818CtMty. Shaiee costs ¢tri>jie mtye than gaivrty suprot o)sts n aiiributsbk 10 8 &role MIy & aPWM1iwthJ bet tlw ltI&% £47 8 c¢Msisiwt wlh e0f tysourc8. Central stsff costs are akncated bS of ume a1 deweaknn charge5 are aIknca on pOrtn ofthe asset's use. 1.6 Tanglbh fixed assets Tangibktr [ed a¢s81$ intsty nd al cosl aThJ >Jbsequenty mEasur8d al( orvalualon, ol depredation and any Irrpairrrent losses. Dvprwiaith is i¥¢oyntsed >0 ats w1 (Ir Ltyl UWIT rwduai valutrs uselul Iwe5 on thefollowirs bases". Lease1 la1 biiklin 10% stra1 lieu 5% stra¥hl Ire w ov¥ the term d Ihe ase t equFrnBnt Fixtures and fitt95 20% Ine 2(Tr% 5tratytlne The or1085 arising di5p(Eal ofan B55el e18[[ as Ihe¢iffeTptKe salE ¢e& and carry1 Yu2 ofthe a1. is rwised in stateffÈrn activities. 1.7 Impawrnerrt of rqd assets Al e¥¢h pOrtg end dale, Ihe charItyre•ts ofrf5 taTh3ible assets to delTre helher Ihwe Is any Indicatfi thatlhi>se aSsS have suffered imparment kss. If any irmfication exws. ts remr) arnount of the asset Is estirrrated i>rder lodetetriine the exnl ITh¥>aitmI 55 Irf any. 1.8 St4xks siocks a siaied attt kn%%erolcosi esiih8ied seliNJ Kxice costs (XYptr 8dl. C081 Corwrises direct malen$ and, apphcatle. dir8ca iqtthr Costs ItrM)sq overh8aOs thai have ten nwrred In br919 lh$ st$ to their weseni Iatn Co11. Itewts hJ forthstribubon at IOr noThal consyserabon are measured e Irv of repiqnEnt C051 and cost Nei 81$able value is the lmated seling less 81 eilinaied o)sts of c(Ymti)n cosis to be irwrred in marketing. seming and (hslrtVt. 1.9 ¢a$h ¢a$h equlvalfynts Cash cash gwrwalents IrKIL¥l6 cash haThJ. depm.ts a1¢411 bar¥. Olhetshort-tsrm lirwh1 inveamwts with on9nal maturilies afttrrfee mrthor kn. aid bxkoverdrafts. Bank overdrafts are 1th borrowngs In cutrenl liabilthes.
THE MEDWAY BADMINTON ASSOCIATION UMrrED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 APRIL 25 ACcoUntw pol•e$ (Continued) .10 Financial StrUMenta The charity has decled to aPY thp pro¥155 ofse(1 11 Fal InstnMnpnts' Section 12'0ther Financial InstrunTnts tssu88' otFRS 102 10 1 of ts i71$. Finanrial instsurnentsare rwised ID the char4 br 5heettsn Ihe charii) bXe$ paty lo trewrtr8GIu provEv)ns of the insttumenL Financ1 asws8nd habdits¥e thysei. the aftKwrds kyesenied sial¥Yents. when there Is a IallY 8nfor(88ble nght to 1 off ih? retwnÉed w)wnts there 1$ a) intantW lo selU& a nel basE 01 io wlk48 e asset and settle Ihe Iiablty B4$1¢ finan¢lal as¥•ts Ba5financal assets. ItL¥le dqbt(Y5 Lash 8t ban< bances. inthally Trsured at 5actn price IndLJding Iransactitr) C15 and are srtÉewentlywied ai amc•sed ¢osi tre efFectwe te$T meihoy unless e aaemlnStrfuteS8 fn9ncing tr11. wtEre tre transactw nEasUrl at wesent value ofthe future receipts (scwnted ata rnarket rdie of interEsL FinarKial asse15 ck3ssified aSCvabwthI one yearare not arnorlsed. ask sYn•n¢l41 Ilablllths Ba$financi¥l liibilrtias. in¢lvJing cred1$ ¥d bar h)an$ aTe irilialy at Ii)saction unlèss tho arrawement cwstitutesa finanuro there Ihe debt inswmeni Measu aithe present vue of Ihe future payrrwtsdis¢ountsd at a rnarkgl rale of iThlw951. Finaw> lthldies cla56ified 95 payable withn yg¥gre nol amottysed. Debl Insirnnts8re subse4L• 818m(¥16ed (yxi. rj Itt eifedive ifitwest rate method. Trade CredItS are ON1gatn5 to payfwgtx)es OrserV ttrAt have been arre the ordinary course of operaiws kn supplers. Arnounts pay8 are cbssifed as ¢WTenl IwiHI"ties rf pgymwt 1$ due wthin one year 01 le55. If not. they are presented as norpcurrent k"ablitEs. Tr&e (yecitors are rnl Inrtiaity al tra5aCtsr Pri and subsutty mÈ8sUd ai trÈ effetkne wiiÈrÈst mdw. Financ1 1411c5 orc (krccoguxd VQn c(waual arC dLxthargcd 1.11 Employee benefits The a)5t of any unus&l kKANlayentidement reuYJned in the xI the esSerVIa[e recepie ermall0 benefits are [09ned Ytwnwthaielyasan charity * d9[[$tr&ty c(¥rwnitted to terrninate ts en¥d¢)wYni clan empbyee ( b provth iermiiat ber*ffjs 1.12 R•tlr•monl bgn4Ats
THE MEDWAY BADMINTON ASSOCIATION UMrrED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 APRIL 25 ¢rttl¢al aOnn9 •stims and lyd9prnonts In the 8pplicabon oflhe thgrity's 8CC(rnry ¢$. th¢ trv3lees 8re Tequ?red lo mJke iJd9errrnts. eetsmjtes assumplw)ns amul Ihe carrying anKurtofassets )d hab11$ th41 are rhlY app¥1 frw her esthThates and asSoCte¢l as5wWK)n5aE based on eiered OtaIr5 that are (X)nsr to be rde¥8nt. Aeiual resuhs maydrfTÈr fromihes& ÈStirnatÈs. Thp Fthd iJrlptyryJ 1¥e. rpvh¥erf rjn an In aruAJnhrrfJ p¢limqrps arp. recognised in the p8rk in ¥Jh¢h Ihe esDmaie is tsre revi8kJl aff1$ tyily Ihal pwitrj. or in the pariod of Ihe rwisx)n Tuture perS whpre Ihe revi&on affects tx>th currrt future peri(xl5. come fwom (lo10n5 and lega¢Sos Urmtri¢ted funds 2025 fvnds 2024 DonalK)ns arml glts Grants 525 2,449 1.103 2.449 2,974 3.552 Unrestricted Unre5tsictÈd funds nds 2025 2024 kncom• frcAn charlIA# athvlts•s Hall Inc<Mne 71.054 74.rts1 UMstriCt&d Unrtr$tii¢ttrd nd8 2025 Non-ch31itaNe Irading acti¥e5 Mefflbw5hip sUbscrptiN2 S[5(5h1r Sh(p incoTh 12.451 14.859 407 21.915 19.254 Olhertrddlry aclvloes 32.071 37.181 10-
THE MEDWAY BADMINTON ASSOCIATION UMrrED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 APRIL 25 knv&stm4nts UnrEstricted UnrestrictEd funds 2025 Dividénds Inlgresi re¢*ivail8 2.2 2.752 2.296 3.593 Olhei Income Tota Vnr•$trl¢t•d funds 2025 2024 Adv8rtWrwJ Experndliur2 on raising lunds UnrestrlGtod Unrestiictpd ftsNIs nds 2025 Cost of othertrading acti•$ Operating charity StrPs Operating tradiry eompany Oth¥tradirg acfwts 15.379 24.280 214 6.917 B.155 23.672 31.411
THE MEDWAY BADMINTON ASSOCIATION UMrrED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 APRIL 25 Anatysls of 0xpdIf¥re onGh¥llabk a¢tyvrll•s Expendituro Expenditure on charitsble on Gharftable Ivlll85 ttvltl8$ 2025 Staffwsts Depreaation and hmpayrrent 41.326 10,( 1.145 3.038 5.285 2.709 1.411 719 Rent Light and heat Rep8irs and ffkginknar Insurance Tdephone OthW0f cost5 Printing. postage and 5tsknary Coachig fees 2,431 10,384 12,146 1,647 1771 1,704 651 S.(B1 89,428 70.200 GovÈtnartÈ cx>si$1see note 101 1.850 91,376 72.( 10 Governance costs Govem•nco Tot81 2025 2024 Indep8ndent exatwner5 fee 1,950 11 Net movement in furK15 202S 2024 Th8 nel rrvementIn fwMJs 6 slaied after caffJiwll(4•StiWI." Fe payable foi exaN¥naffi of the thanV$fn8rlal *areWlS 1.9 10.005 25,541 Depreaabon of (red tangtAefMed assets L055 on disws31 of tatVib fixed assets 12-
THE MEDWAY BADMINTON ASSOCIATION UMrrED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 APRIL 25 12 Trustro rfynurnwaJon V S YcwJn9. • Irustee. reCtye0 £4.384 for co•irylees durirythe yc8r(W24- £4.S191. No other trle6$ recei¥8d rneral <y eApefises the wrrenttrwevKWS year. 13 EftWyo•S Thè rnantNy mbèr of durin9 2025 Ilwnb•r 2024 Numbov General staff 2025 24 wagÈs ana sai Sock81 security f¥)Sts othwtnsKy) Costs 44.047 40.925 33 283 44.330 41.326 There were rK) eft)ploy8es whose ar#lLg1 wuwat•)n rrtye Ihan £60.th). 14 Other expenditre Unre5tr1cted Unre5tiicted funds funds 2025 N81 loss dksr)sa of twgitle fu8d assets 25.541 15 Galns and 10sSQs on invfr51ments UtrIted Unre&trict8d furK15 funds 2025 Ga)¥llosse$laii*rKJ c. Sale ol inu05tmwls 3.817 16 T¥Mabon Toxotion Costs Ilde cotFxthiw tsx of nil12024". nil). 13-
THE MEDWAY BADMINTON ASSOCIATION UMrrED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 APRIL 25 17 O¢her golns or loss•s UnreBtsictpd fvnds 2024 Cairvjllkjsseson Irated rNesbments 18 Tanglbl• flxad &98ets Tvtal fillin Cost At 1 Nlay 2024 AlIbYs 261. 79.197 135.(JY)I 3.843 38,D70 303.417 79.197 135,4001 14001 At 30Pri1 2025 305.701 3.843 37,670 347.214 Deprecfjallon and Ient At 1 Nlay 2024 Depreciabon tharged in theyear Eliminaled respeL* of disFQ5als 284 7.8 19.4591 3.239 577 35,OTT 1,628 14001 134.580 lo.5 19,8591 At 30April 202J 3.81(1 20.3r 134,72 Ca>9 arno¢ AI 30April 2025 211. 27 1,365 212.488 At 30APriI 2024 165240 2,%3 158.837 19 Stocks 2025 2024 Raw matwials and corysufr 8.857 9.729 20 bt¢Hs 2025 2024 Amounts folllng duo ¥ISthln YW. Otherdebtors 1.981 1.788 14-
THE MEDWAY BADMINTON ASSOCIATION UMrrED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 APRIL 25 21 ¢urrrt a¥s•¢ InstM¢rS 20Z5 Z024 Listed inveslmerts 172.348 cdItOrs." fallingth within OnpyEa 2025 2024 Noiès Corporation tax payatrAe Deferre¢ Irtw Oth8rueditcs Accruals 326 2.449 3.5 2209 2.449 8.582 S.(P33 23 Granls and dAfÉd Incom 2025 2024 l)iherdefèffed irKIx))8 129.848 132.297 Defetrgj inc¢rneis itK4ud8din sts10rts as fo4kJws". 2025 2024 Deferred irK(Nr is cdedWIlIvn.' Deferred govemmeni grants due ithIn year Deferred g¢yemrnwl 9r8nts after mNe than oreye 2.449 127.399 2.449 129.848 129.848 132,297 Movements in the year.. Deferred goyemrn grant Incorne al 1 May 2024 AmoLnt of g¢wemfflent gr8rtrdeased k) irwne 132297 12.4491 134.745 12.4481 D¢ferred irK¢wne al 30 Awl 2025 129.848 132.297 Retirement benefit 1Me$ 2025 2024 Dgfln4d GolrtritIon xhgm*5 Chargeto profil or kss in respe¢te1dd Oytrbubon scFtsMes 283 15-
THE MEDWAY BADMINTON ASSOCIATION UMrrED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 APRIL 25 Retir•ment benefit schernFs (Continued) Thc thority operates • defttrd pensi t¢?11 qualfyry erryk>yec3. Th¢ asxbeftrc hehy separatsty from thos8 of cWty n an indeperthntyy admlSter¢tI fwd. 25 Unrestrlctqd luThds Thè LvY#Stried fur of thB (knityetshWSè 1unXpèrUl balantsgtsfdtsnatiti grants which arè r1 Èubiètst 10 swcific condthors by d¢5 and an(tr as ie l¥Jw tw may used. These designated funds which haye been set as8 out uf unpdskndBd furKJ$ by Ih8 truFes PLryses. At 1 2024 coming Resowee Gain$ andAI 30 Awil 202J loss•s General furKIs 232.2 108.395 1140.5891 3.817 204.455 Pv•vkJu$ y•ar'. At 1 klay 2023 comlng Rasow¢•s Gain$ andAt 30 WII 2024 losses Genw fuThYs 210.428 118.557 1103.4611 232.832 26 Anaty818 ol assots betew fvnds Unrèstri¢t•d lundJ 2025 At 30Aprfl 2025.. Tangib assets Currfjnt aSSBtsllliaIlbeS1 Pl$10r 8nd defe IrKtsme 212.488 119.366 1127.3991 204.455 Unrestsict2d funds 2024 At 30 April 2024.. Tangibk assets Curr•nl 8$S8t111abll1besI PrwsK)r6 and deferred IrKwie 168.837 193.843 1129.8481 232.832 16-
THE MEDWAY BADMINTON ASSOCIATION UMrrED NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 APRIL 25 27 Opor4¢ing 100sg¢rJrnrnitrnw Al th£ ieportiry end date the chty (xrtstaNJ¥y corrwnitmenls fOrrlre rnn1ml paym8nts undei non.car11ab1@ opwating14as6s. whith f1 duo fol 2025 2024 Within year Beiween N¥0 and five yws In over five yeS 5.6QX) 68.017 69.417 75.017 76,417 Rdatrd party transactKrf All lated party trans*kY6 have tw deiaiby in n(rte 12 Uyer rerat exFenses. Ttrwe are no other rel8le(I porty transactions to dFckJse. 17-
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