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2025-03-31-accounts

KENDAL SNOWSPORTS CLUB (CIO 1192759) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDING 31[st] MARCH 2025

Kendal Snowsports Club (CIO 1192759)

Trustees’ Report

Summary

The trustees have met on two occasions this season. No concerns have been raised from Committee to the trustees. The Committee continue to do a very supportive role for all members.

On Sunday 3[rd] November 2024 we had the 40[th] Year celebration at the club. This was attended by members old and new and it was lovely to see some of the original team that formed the club present. There were demonstrations from the freestylers and the instructors, it was a wonderful celebratory day.

We also had a number of other celebratory events in our 40[th] year including a Ceilidh in October.

We have had some success in reducing the number of Juniors on our waiting for lessons. We now have lessons for Juniors on Tuesdays, Fridays and all-day Saturday. It’s estimated we now have only around an 18 month wait for juniors.

Alpine Ski Lessons, Freestyle and Racing are vibrant. A number of our Freestylers and Racers are showcasing our club across the country and abroad. A number are representing England through our Home Nation National Governing body Snowsport England.

Adaptive is extremely vibrant, along with Schools and Groups and Tubing. Boarding lessons on a Wednesday evening have been a success. These will all continue next season.

New red Instructor jackets and black salopettes have been purchased and issued to all 62 Instructors.

The Health & Food (HAF) programme over the Christmas period was again well attended and supported by club members and instructors. We had approximately 40 children attending both the sessions. We changed the format a little this year, whereby the children stayed for a full day of skiing.

Membership is down from last season by around 100 members at 1154.

We offer bi-annually a Foundation Ski Instructor course along with the required compulsory refresher days for our qualified instructors. A ‘Futures Session’ run by Snowsports England has proved very popular with our younger members.

The planning permission for the slope and lodge extension are both approved with all conditions met and a start made and recorded. Detailed discussions are underway with Briton Engineering about lift options and costings. These discussions are also outlining exactly what Briton Engineering could undertake and what will be done by future potential contractors. The next step will be a stake holder meeting with all our internal groups represented. This will allow us to finalise the design, requirements and costs. An estimate of costs is approximately 631K. This does not include any contingency. We are actively looking for funding streams and to put forward our ideas to Westmoreland and Furness Council for capital grants.

Ongoing Operational Activities

2

Kendal Snowsports Club (CIO 1192759) Trustees’ report

Reference and Administrative Details

The trustees, and their terms of office, are:

Mr John Lowther (Charity Trustee) Mr John Bryers (Charity Trustee) Mr Ken Leech (Charity Trustee) Mr Richard Waple (Charity Trustee) Mrs Jean Lonsdale (Charity Trustee) Mr David Gray (Officer Charity Trustee & Chair) Mr David Rogerson (Officer Charity Trustee & Vice-Chair)

Appointed 11th May 2023 for 3 years Appointed 11th May 2023 for 3 years Appointed 9th May 2024 for 3 years Appointed 9th May 2024 for 3 years Appointed 8th May 2025 for 3 years Appointed 8th May 2025 for 1 year Appointed 8th May 2025 for 1 year

Principal Office

Kendal Snowsports Club Canal Head North Kendal, LA9 7BY, Cumbria

Charity Registration Number

1192759

Independent Examiner

Mr W Coxon

3

Kendal Snowsports aub (CIO 11927591 Trustees, Report Statement of Trustees. Responsibilities The tNstees are ￿Sponsible for preparing the tnjstees, report and the finanoal ststements in accordan￿ with the United Kingdom Accountin8 Stsndards (United K￿n8￿orn Generally Accepted Actountin8 Practice) and applicable law and regulations. The law applicable to charities requires the tmstee5 to prepa￿ financial statements foreach finanoal yearwhich give a true and fairview of the state of affairs of the charity and of the incomin8 resources and application of resources of the charity forthat period. In p￿paring these financial ststements, the trustees a￿ ￿qu￿red to.. -selectsuitable accounting policies and then app￿ them consistentty,. -observe the methods and prinaples in the Chartties SORP,. -makejud8emènts and estimates that are ￿asonable and prvdenL' -state whetherapplicable accounting stsndards have been followed, subject to any material departu￿$ disclosed and explained in the financial statements., and -p￿Pa￿ the financial statements on the going COn￿M basis unless it is inappropriate to presume thatthe Charity will ¢ontinue in business. The trustees a￿ ￿SpOnSible for keeping proper accounty'ng reeords that disclose with reasonable accurary at any timè the financial posf(ion of the charity and enable them to ensure that the financial staternents comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also ￿sponSible for 5afeguardinÈ the assets of the ¢harity and hence fortaking reasonable steps forthe preventyon and detection of fraud and otherirregularities. The annual ￿POrtwaS approved by the trustees of the charity at theirOctober2025 meeting and si8ned on its behalf by.. l R Lowther Trustee Date 2 1 Ocf&Brf 2¢g

Kendalsnowsports Club ICIO 1192759 Independent Examiner's Reportto the Trustees of Kendalsnrywsp￿ts aub ftjr the year to 31st Maich 2025 l ￿Portt0 the tystees on my examination of the finan¢ial stètements of Kendal Snowsports aub I'the charity'i for the year to 31st March 2025. Re5pectpie re$ponslbUrUes of trustees and independentexamlner A5 the Charity's twstees you are responsible forthe preparation of the finanaal 5tstements, you considerthatthe audit requ1￿MentOf section 144 of the Charities Act 2011 (the Charities Artl does not apply and that an independent examination is needed.lt is my ￿SpOnsIbl11ty to examine the accounts undersection 145 of the (harities A¢. to follow the pr(Kedures laid down in the General D1￿CtIOnS given by the Charity Commission undersection 1451Sllbl of the Charities A¢ and to state whether particularmatter5 have come to my attention. Basls of Independentexaminer'$ ststement My examination was carried out in accordance with the General D1￿CtionS given by the Charity Commission. An exarninètion indudes a review of the accounting records kept by the charity and a comparison of the accounts presented with these ￿cOrdS. It also include5 considetstion of any unusual items or diS¢losu￿S in the accounts, and seeking explanations from you as twstees contrming any such matters. The procedures undertaken do not provide all the evidence thatwould be ￿qUI￿d in an audit and conseouendy no opinion is gwen as to whetherthe accounts p￿sent a"true,and fairview" and the ￿pOrt is limited to those matters setout in the 5tstement below. Independentexaminer'$ 5taternent In connection with my exarrination, no matter has come to my attention.. 111 which gives me ￿asonable cause to believe that In any material respectthe requirements.. -to keep properaceountyng records in accordantr with section 130 of the Charities A¢. and -to prepare accounts whlch accord with the aecounting recorils and to comply with the accounting ￿QuIrements of the Charities Att have not been metr or 121 to which, in my opinion, attention should be drawn in orderto Ènable a proper understanding of the accounts to be reached. W Coxon Independent Examiner. Date

Kendal Snowsports Club (CIO 1192759)

Statement of Financial Activities

(including income and expenditure account and statement of total recognised gains and losses)

for the year to 31st March 2025

Income
Note
3
4
5
6
7
Other trading activities
Investment income
Total income
Expenditure on:
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Donations and legacies
Charitable activities		 Unrestricted
2024-2025
2023-2024
funds
Total
Total
£
£
£
0.00
0.00
0.00
192,268.87
192,268.87
190,616.87
11,250.00
11,250.00
9,750.00
6,443.01
6,443.01
1,511.74
209,961.88
209,961.88
201,878.61
161,436.88
161,436.88
141,948.35
48,525.00
48,525.00
59,930.26
48,525.00
48,525.00
59,930.26
813,529.46
813,529.46
753,599.20
862,054.46
862,054.46
813,529.46

All the above amounts relate to continuing activities.

The notes on pages 9 to 16 form part of these financial statements.

6

Kendal Snowsports aub ICIO 11927591 Babance Sheetas at 31st March 2025 2025 2025 2024 Flxed assets Note Land & Buildings Slope Ski, snowboarding & Tubin8 Equipment Slope Equipment Instruttor Unifoms Cornputer Equipment Maintenance Equipment 224,770.46 209,862.77 30,776.86 2,011.69 12,148.41 0.00 11,025.34 490,595.53 224,770.46 203,889.46 33,218.94 2A82.79 247.48 14,590.98 479.200. 11 Current assets Investments 2.00 Debtor5 io 7,CM)7.00 3,199.56 367,906.93 378,115.49 1,672.50 4,699.68 334,421.24 340,795.42 Paypal Bank deposit and current accounts Credkors.. amounts falllng due ￿1n one year NetCurrentA5sets li 6.656.56 6,466.07 334,329.35 813,529.46 371,458.93 862.OS4.46 NetAssets Fynds Unrestricted income funds Totslfun(ts 862,054.46 862,054.46 813,529.46 813,529.46 12 The financial statements on pages 6 to 16 were approved by the twstees, and authorised for issue on 16th October 2025 and si8ned on its, behalf by.. owther Trustee

Kendal Snowsports Club (CIO 1192759)

Cash flow statement

for the year to 31st March 2025

Note
8
8
Net cash provided by/(used in) operating activities
Net movement in funds
Adjustments to cash flow from non cash items
Deduct interest & dividend income
Add back depreciation
(Increase)/decrease in investments
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Cash flows from investing activities
Interest and dividends
Purchase of tangible fixed assets
Net cash (used in)/provided by investing activities
Change in cash and cash equivalents in the period
Cash and cash equivalents brought forward
Cash and cash equivalents carried forward		 2024-2025
2023-2024
£
£
48,525.00
59,930.26
-6,443.01
-1,511.74
68,569.81
66,215.04
110,651.80
124,633.56
0.00
0.00
-5,334.50
8,292.72
190.49
3,294.33
105,507.79
136,220.61
6,443.01
1,511.74
-79,965.23
-70,314.61
-73,522.22
-68,802.87
31,985.57
67,417.74
339,120.92
271,703.18
371,106.49
339,120.92

8

Kendal Snowsports Club (CIO 1192759) Notes to the financial statements for the year to 31st March 2025

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.

Basis of preparation

Kendal Snowsports Club meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

9

Kendal Snowsports Club (CIO 1192759) Notes to the financial statements for the year to 31st March 2025

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset classes

0.00% Straight line basis 11.11% Straight line basis 20.00% Straight line basis 20.00% Straight line basis 25.00% Straight line basis 25.00% Straight line basis

10

Kendal Snowsports Club (CIO 1192759) Notes to the financial statements

for the year to 31st March 2025

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

11

Kendal Snowsports Club (CIO 1192759) Notes to the financial statements for the year to 31st March 2025

2 Comparitive Figures

Comparitive figures are for the year 1st April 2023 to 31st March 2024.

3 Income from donations and legacies

Unrestricted 2024-2025 2023-2024
funds Total
£ £ £
0.00 0.00 0.00
0.00 0.00 0.00

4 Income from charitable activities

4 Income from charitable activities
Instruction
Membership
Tubing
Open Sessions
Holiday Activities & Food Programme
Groups
Equipment Hire
KJam
Shop
Sundries
Vending Machine
Cash Up/(Down)		 Unrestricted
2024-2025
2023-2024
funds
Total
£
£
£
71,263.04
71,263.04
69,375.13
36,788.00
36,788.00
37,610.00
5,560.00
5,560.00
5,821.00
22,803.00
22,803.00
24,771.00
3,336.96
3,336.96
3,217.54
11,233.00
11,233.00
11,401.00
27,279.00
27,279.00
28,353.87
2,340.00
2,340.00
2,001.33
3,392.55
3,392.55
2,183.80
6,409.25
6,409.25
4,807.52
1,061.00
1,061.00
1,358.30
803.07
803.07
-283.62
192,268.87
192,268.87
190,616.87

5 Income from other trading activities

Income from Kendal Ski Club Car Park Limited

Unrestricted 2024-2025 2023-2024
funds Total
£ £ £
11,250.00 11,250.00 9,750.00
11,250.00 11,250.00 9,750.00

12

Kendal Snowsports Club (CIO 1192759) Notes to the financial statements for the year to 31st March 2025

6 Investment income

Depreciation
Equipment Purchases
Clothing Purchases
7 Expenditure
Cleaning
Refuse Collection
Bank, credit card and PayPal charges
Insurance, Affiliation & Subscription
Trophies & Engraving
Refreshments & Social Events
KJam
Water
Electricity
Office
Professional Fees
Maintenance-Tow & Slope
Maintenance-Skis & Boots
Maintenance-Ski Lodge
Publicity
Vending Machine
Charitable Donations
Training Costs & Race Entry Fees
Interest, Dividends & Misc. Income		 Unrestricted
2024-2025
2023-2024
funds
Total
£
£
£
6443.01
6443.01
1511.74
6443.01
6443.01
1511.74
Unrestricted
2024-2025
2023-2024
funds
Total
£
£
£
5,350.30
5,350.30
1,795.50
945.20
945.20
86.10
1,172.10
1,172.10
2,026.39
747.42
747.42
898.20
0.00
0.00
0.00
7,050.39
7,050.39
1,657.40
270.61
270.61
658.75
5,818.82
5,818.82
4,658.09
17,416.29
17,416.29
12,019.67
12,875.56
12,875.56
3,610.26
2,068.00
2,068.00
546.60
9,662.99
9,662.99
11,207.94
272.31
272.31
301.20
2,968.59
2,968.59
11,764.72
2,160.84
2,160.84
2,022.04
1,652.94
1,652.94
981.85
3,189.89
3,189.89
3,143.51
16,106.26
16,106.26
16,973.31
0.00
0.00
0.00
3,138.56
3,138.56
1,381.78
68,569.81
68,569.81
66,215.04
161,436.88
161,436.88
141,948.35

13

Kendal Snowsports Club (CIO 1192759) Notes to the financial statements for the year to 31st March 2025

8 Tangible fixed assets

Depreciation for Year
C/fwd 31st March 2025
Net Asset Value
B/fwd 1st April 2024
C/fwd 31st March 2025
Additions
C/fwd 31st March 2025
Depreciation
B/fwd 1st April 2024
Depreciation for Year
C/fwd 31st March 2025
Tangible Fixed Assets
B/fwd 1st April 2024
Additions
C/fwd 31st March 2025
Depreciation
B/fwd 1st April 2024
Depreciation for Year
C/fwd 31st March 2025
Net Asset Value
B/fwd 1st April 2024
C/fwd 31st March 2025
Tangible Fixed Assets
B/fwd 1st April 2024
Tangible Fixed Assets
B/fwd 1st April 2024
Additions
C/fwd 31st March 2025
Depreciation
B/fwd 1st April 2024
Net Asset Value
B/fwd 1st April 2024
C/fwd 31st March 2025		 Ski, Snowboard
& Buildings
Slope
& Tubing Eqpt
£
£
£
224,770.46
1,074,836.43
205,199.87
0.00
57,799.46
8,429.26
Freehold Land		 Ski, Snowboard
& Buildings
Slope
& Tubing Eqpt
£
£
£
224,770.46
1,074,836.43
205,199.87
0.00
57,799.46
8,429.26
Freehold Land
224,770.46
1,132,635.89
213,629.13
0.00
870,946.97
171,980.93
0.00
51,826.15
10,871.34
0.00
922,773.12
182,852.27
224,770.46
203,889.46
33,218.94
224,770.46
209,862.77
30,776.86
Slope
Instructor
Computer
Equipment
Uniforms
Equipment
£
£
£
8,034.95
19,049.46
17,525.95
405
13331.51
0
8,439.95
32,380.97
17,525.95
5552.16
18,801.98
17,525.95
876.1
1430.58
0
6,428.26
20,232.56
17,525.95
2,482.79
247.48
0.00
2,011.69
12,148.41
0.00
Maintenance
Equipment
£
17828.22
0.00
17828.22
3237.24
3565.64
6802.88
14590.98
11025.34		 Total
£
1,567,245.34
79,965.23
1,647,210.57
1,088,045.23
68,569.81
1,156,615.04
479,200.11
490,595.53

All significant asset purchases in the year have been capitalised, and monthly depreciation has been charged on a straight line basis

14

Kendal Snowsports Club (CIO 1192759) Notes to the financial statements for the year to 31st March 2025

9 Subsidiary

Kendal Ski Club Car Park Limited is a wholly owned subsidiary of Kendal Snowsports Club. The directors of Kendal Ski Club Car Park Limited are David Neil, David Gray and David Rogerson.

Section 138 of the Charities Act 2011 normally requires group accounts to be prepared. Under the exception granted by Section 139 of the Charities Act 2011 the accounts of Kendal Ski Club Car Park Limited have not been consolidated into these accounts of Kendal Snowsports Club.

Kendal Snowsports Club received a donation from Kendal Ski Club Car Park Limited of £11250.00 in the year.

10 Debtors

Trade debtors
Prepayments
Prepayments-La Villa ski trip		 2024-2025
£
1,684.00
73.00
5,250.00
7,007.00		 2023-2024
£
1,672.50
0.00
0.00
1,672.50

11 Creditors: amounts falling due within one year

Trade creditors
Other creditors-La Villa ski trip
Amount due to Kendal Ski Club Car Park Limited
Accruals		 2024-2025
£
5,051.62
0.00
2.00
1,602.94
6,656.56		 2023-2024
£
6,114.07
350.00
2.00
0.00
6,466.07

12 Total Funds

Balance at 1st April 2024
Incoming resources
Resources expended
Balance at 31st March 2025		 Unrestricted
funds
£
813,529.46
209,961.88
-161,436.88
862,054.46

15

Kendal Snowsports Club (CIO 1192759) Notes to the financial statements for the year to 31st March 2025

13 Staff costs

Kendal Snowsports Club is run entirely by volunteers, with the exception of the employment of a cleaner. The cost of employing the cleaner was £1512.00.

14 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have received any other benefits from the charity during the year, other than free use of the facilities, a privilege which is also extended to all registered volunteers.

Reimbursements of expenses to trustees was as follows:

John Bryers:

John Bryers:
David Gray:
Gift to thank individuals who provided pro-bono advice
for successful planning application
Dave Rogerson
Gift for retiring Instructor
40th Anniversary event wine
Richard Waple
Plants for Gardening team
HAF food
40th Anniversary event and Christmas extravaganza food
Milk
x3 gas bottles for bbq
Helpers evening food, drink and prep
Switches for tow
Gift for retiring Chair
Domain name renewal
Jotform subscription
Ink cartridge for Office printer
Light bulb
Deadlock for cellar door
Helpers evening desserts
WiFi usage		 £
114.84
100.00
57.76
76.72
44.16
3.50
19.02
80.70
32.00
13.74
542.44
£
137.00
676.94
221.04
392.34
501.95
1,929.27
£
97.94
419.90
517.84
£
103.94
103.94

16