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2025-12-31-accounts

ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025

MANSFIELD HARRIERS AND ATHLETICS CLUB

(Charitable Incorporated Organisation)

CHARITY REGISTRATION No: 1192846

Castle View Accounting Ltd Ground Floor Offices

53 High Street Arundel West Sussex BN18 9AJ

MANSFIELD HARRIERS AND ATHLETICS CLUB

(Charitable Incorporated Organisation)

CONTENTS

Page 3 Legal & Administrative Information
Pages 4 to 5 Trustees' Report
Page 6 Statement of Financial Activities
Page 7 Balance Sheet
Pages 8 to 15 Notes to the Financial Statements
Page 16 Independent Examiner's Report

2

MANSFIELD HARRIERS AND ATHLETICS CLUB

(Charitable Incorporated Organisation)

LEGAL AND ADMINISTRATIVE INFORMATION

CHARITY NUMBER 1192846 DATE OF REGISTRATION 17th December 2020 START OF FINANCIAL YEAR 1st January 2025 END OF FINANCIAL YEAR 31st December 2025 TRUSTEES AT 31ST DECEMBER 2025 Patrick Carlan Stephen Davies Beverley Armstrong Sharon Armitage Martin Fickling David Robertson Richard Massey Sarah Bradbury Barry Holmes (Resigned 7th February 2025) Philip Shaw (Resigned 12th February 2025) Darren Toyn (Appointed 12th February 2025) LEGAL STATUS Charitable Incorporated Organisation GOVERNING INSTRUMENT CIO - Association Registered 17th December 2020

OBJECTS

i ) For the public benefit generally but with particular reference to the inhabitants of Mansfield and its surrounding areas. ii ) To promote community participation in healthy recreation by providing: a) Facilities for athletics including running, track and field and all other related sports capable of improving fitness, health and wellbeing. b) Coaching, competition and all other services to support these services. iii ) To provide and assist in the provision of facilities for sport, recreation and other leisure time occupation of such persons with have need for such facilities by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances of for the public at large in the interest of social welfare and with the object of improving or enhancing the quality of life (physical, mental or otherwise).

CORRESPONDENCE ADDRESS 18 Riddings Croft Chesterfield Derbyshire S41 8WW PRIMARY BANKERS Lloyds Bank Plc 25 Gresham Street London EC2V 7HN INDEPENDENT EXAMINERS Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ

3

MANSFIELD HARRIERS AND ATHLETICS CLUB

(Charitable Incorporated Organisation)

TRUSTEES' REPORT

FOR THE YEAR ENDED 31ST DECEMBER 2025

The year 2025 marked the fourth full year in which Mansfield Harriers & Athletics Club operated and managed the track and athletics facilities at Berry Hill Park under its seven ‑ year lease with Mansfield District Council. The club has now been established as a Charitable Incorporated Organisation since December 2020 and continues to develop strongly in fulfilling its charitable purposes for the public benefit. During the coming year, the trustees intend to open discussions with the council regarding the potential extension of the current lease.

Mansfield Harriers has continued to fully meet its constitutional objectives as a CIO which are:

1. for the public benefit generally but with particular reference to the inhabitants of Mansfield and its surrounding areas;

2. to promote community participation in healthy recreation by providing (a) facilities for athletics including running, track & field and all other related sports capable of improving fitness, health and wellbeing; and (b) coaching, competition and all other services to support these activities;

3. to provide and assist in the provision of facilities for sport, recreation and other leisure time occupation of such persons who have need for such facilities by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving or enhancing quality of life (physical, mental or otherwise).

The club continues to offer these services for the public benefit, especially within Mansfield and the surrounding areas, and the trustees have had regard to the Charity Commission’s guidance on public benefit when planning activities.

Trustees met monthly, with all meetings quorate and chaired by the Club Chairman, Pat Carlan. Minutes were taken for every meeting and are available for inspection at the club. At the AGM in February, the previous Treasurer retired from the role and as a trustee; Darren Toyn was elected as Treasurer and appointed as a trustee at the same meeting. The retiring Treasurer was awarded Life Membership in recognition of his many years of service.

The club remains affiliated to England Athletics and maintains full compliance with the England Athletics “Club Standards” framework, covering welfare, quality assurance, governance and operational practice. A committed core of volunteers continues to support daily operations, with additional volunteers stepping in to assist at home fixtures and major events. Although volunteer support remains strong, the club continues to encourage new volunteers to join in order to meet growing demand.

Positive engagement took place during the year with Mansfield District Council regarding proposed developments within Berry Hill Park. Discussions focused on the potential impact of new buildings and a new playground on long ‑ established cross ‑ country routes, as well as restrictions on car parking for events. The club and the council reached a workable compromise that enabled another successful National Cross Country Relay event to take place, although parking for large ‑ events must continue to be managed off site. The development work within the park remains ongoing into 2026.

The club provided five fully qualified coached sessions each week during 2025, and training sessions saw further increases in attendance whilst membership reached 380, made up of 225 senior members and 155 juniors, with steady growth continuing across all ages and abilities. The club successfully hosted another Open Track and Field Meeting and, following track ‑ cleaning works recommended at the last inspection, welcomed the Nottinghamshire and Derbyshire County Track & Field Championships for the first time in many years. TrackMark certification remains valid until 2028, confirming that the facilities continue to meet national standards for safety and competition.

Facilities were used not only by members but also by the general public, athletes from other clubs, colleges, and schools, many of which booked the track for sports days and competitions. This level of external use strongly supports the club’s charitable objectives and obligations under the operating lease by ensuring that the facility benefits the wider local community.

The club continues to prioritise the recruitment and development of coaches and technical officials to support both its training programme and competition commitments. This remains an essential part of future planning to sustain the club’s development ‑ and provide high quality sport for all members.

4

MANSFIELD HARRIERS AND ATHLETICS CLUB (C￿)Mab kncwporaled Organtsa1￿Trj TRUSTEES. REPORT {C(￿tinUed1 FOR THE YEAR ENDED 31ST DECEMBER 2025 Financkyty. Ihe cK) r•mwns stab And ￿nr￿0 lo nb7nag9 A5 rf4owce5 dww¥J 2025, wth a focus ￿ ￿5t contr to rEdL￿ethe mpact of Tl T￿4￿¢r. by ihe ffi￿ee$, has stre￿￿d financial to gnhan¢e ty)vwn8ntè. rdnkrfee Charty Cornm￿6￿￿ expedakns. aThY managp risks respon$iNy. T cbjb (kswJr•t•d 10 ¢(Antr￿e go the ever￿L￿ r•lLYLi51wneDI of tt I￿ onwrw¥J h)rg.ierm LoO￿Nd f£%%rd. th¢ tr￿¢¢$ r¢mtyn corNnrtt¢d lo Ihe c¢xlvvJÈd d￿1￿>￿￿ni ofthè dth'l eqUiw•M and coxh ￿￿0vIS￿n, and lo maint￿ni￿ a Iwjhwtty I￿rty¥t￿nt in alhknts of ages trjun comwte. Thtr cbjb Intends lo futhér expand crfflmuThly ¥¢•tss, tTrwt•s * 81 id$ ol gwt aThJ IF fiAuro •nhar￿menl ofthfr var￿￿ a5 1 a¢h￿lIci fxthlttthth•reo Truth•i' R•spon￿blIn0 Thp Irust¢6s are re¥ruwb for r￿￿nTIa the Repxl ol thE Tw5tei •ThJ Ihts thierr￿# ID wnh law and Unrted sta￿)8￿$ 11kn190 Wed N£cDumiry Pr8¢U¢ Th• L4w wli¢t4ty to chIr￿ In Ewaknd r)J Wakn. tho eh•nt¥skt 2011. Ch￿Y IAccourts RgtM)rt$l R8wL91I(￿ And th• oftN• Gov•rnir#J rtqLWOS ts tnts to wp8re 5181Thffl6 for 08rth th•rool • trv• lair of the st4te ol affrJ chwty 01 the of resourc•a. clw1hg lh¢ In¢orr¢ and ttxp￿Lye of ihv c)Wity tha¢ kWKrfJ. In atements, the Irujleei uir•d lo.. So1 SUftab￿ 8CWJrtir•J and Ihen arKtyllm otdtrve Ihe methr#ts•ThY rKmipkn ￿the Chwty SORP. Maxe iuJgerneN8 afK7 ￿￿1 wv r•osonw• ana prth Prepwe the gcKvJ ¢uK•m rt Is to th•t the CIO CODlwyJe looper¥iè. Th¢ truslees Are rospw&bkn for keeth tllh r•1￿•bI￿ 4coJricy llt Ibrno th• finorKial ￿>￿tiOn ol the chwrty 8nd 10 •n¥t Ikm 10 en$wè thfr f￿1n￿31 sialements C¢XDpty wrth Ihp CharitKs Aci 2011. the Charity IAcctyJnl$ Reptrtsi of Ihe DO￿jMent. Tlw arè ￿60 ¢O&W6Ib $•foguardng the auels ol Ihe charity aNI for sleps ar￿ dotKI￿ ol Ir•L¥d and 2oZ6 iJAKi&J roy

MANSFIELD HARRIERS AND ATHLETICS CLUB

(Charitable Incorporated Organisation)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2025

Notes
INCOMING RESOURCES
Incoming Resources from Generated Funds
Donations, Grants & Legacies
3a
Charitable Activities
3b
Activities for Generating Funds
3c
Investment Income
3d
Other Incoming Resources
3e
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Costs of Generating Funds
Cost of Charitable Activities
4a
Governance Costs
4b
TOTAL RESOURCES EXPENDED
NET INCOMING (OUTGOING) RESOURCES
Funds Brought Forward
Transfer Between Funds
5
TOTAL FUNDS CARRIED FORWARD
Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2025
2024
£
£
£
£
2,103
4,480
6,583
6,254
47,543
-
47,543
39,826
7,418
-
7,418
4,237
2,226
-
2,226
1,422
2,397
-
2,397
-
61,687
4,480
66,167
51,739
41,511
3,248
44,759
38,985
960
-
960
900
42,471
3,248
45,719
39,885
19,216
1,232
20,448
11,854
80,281
2,133
82,414
70,560
330
(330)
-
-
99,827
3,035
102,862
82,414

Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.

The notes on pages 9 to 15 form part of these financial statements.

6

MANSFIELD HARRIERS AND ATHLETICS CLU8 (chanta￿ Irwty8ied Organisaiwl BALANCE $HEEr AS AT 31ST DECEMBER 2025 TOTAL 31414¢-24 Not• Furn1$ Funds 314>•c.25 Flxod A•Mts T4rvibitrAss Invesim6ni8 Total Fbx•d A•i•ti 20.401 20.401 22.201 2CIA01 20N01 22.204 Cupr•nt A•••l• SI￿￿ Debtor5 & Prepaymeni4 C8sh 818ank arO In Hand Tol•l Curr•MtAM•is 17 4.134 4.134 2.962 ,031 04,16S 3,035 3,035 83,066 59.788 62.760 cr4dbt￿ lallw¢kn 4.739 4,739 2.540 NETCURREFff ASSETS 79.426 82.461 60.210 TOTAL ASSETS *omnl W" 99.•27 3.035 102.112 12,414 Cr•dllor•.' Amount• ih NET ASSETS 102,882 82,414 Fund• 01th•Ch¥￿Y Gfyn•iai Aeslricl£d Funds 99.827 99.827 3.035 .281 2.133 Y.03S T•t•l FyD4• 99.It27 40?.16? 4.IA.... Feb.raJ..or8 ...2.0¥................................... prcwed byih8 Tr￿886 m........... .... ... gntd ￿ Ih•r beh•lTbyTnMw•................. . . . r)AlIf2￿

MANSFIELD HARRIERS AND ATHLETICS CLUB

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

1. ACCOUNTING POLICIES

Basis of Preparation & Assessment of Going Concern

Basis of Preparation

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2015) (Second Edition, effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Charities Act 2011.

The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.

Assessment of Going Concern

Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.

Incoming Resources

Recognition of Incoming Resources

These are included in the Statement of Financial Activities (SOFA) when:

▪ the charity becomes entitled to the resources;

▪ the trustees are virtually certain they will receive the resources; and

▪ the monetary value can be measured with sufficient reliability

Incoming Resources with Related Expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.

Grants and Donations

Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Tax Reclaims on Donations and Gifts

Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.

Contractual Income and Performance Related Grants

This is only included in the SOFA once the related goods or services have been delivered.

Gifts in Kind

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.

Donated Services and Facilities

These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.

Volunteer Help

The value of any voluntary help received is not included in the accounts.

Investment Income

This is included in the accounts when receivable.

Investment Gains and Losses

This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

8

MANSFIELD HARRIERS AND ATHLETICS CLUB

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025

1. ACCOUNTING POLICIES (continued)

Expenditure and Liabilities

Liability Recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Governance Costs

Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advice to trustees on governance or constitutional matters.

Grants with Performance Conditions

Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.

Grants Payable without Performance Conditions

These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.

Investments

Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.

Unrestricted funds

These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities.

Restricted funds

These funds are where the donor has specified a purpose for the donation made. These restrictions often arise as a result of appeals for special offerings for specific purposes.

Designated funds

These funds are funds set aside by the trustees out of unrestricted general funds for particular purposes or projects.

Fixed Assets

Fixed Assets are capitalised if they can be used for more than one year and cost at least £50.00. They are valued at cost or, if gifted, at the value to the charity on receipt.

Depreciation Expense

Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied are as follows:

General Equipment 10% - Straight Line Basis Athletic Equipment 10% - Straight Line Basis Furniture & Fittings 10% - Straight Line Basis IT Equipment 33% - Straight Line Basis

9

MANSFIELD HARRIERS AND ATHLETICS CLUB

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025

2. TANGIBLE FIXED ASSETS

Cost
01-Jan-25
Additions
Net Book Value at
31-Dec-25
Depreciation
01-Jan-25
Charge
Depreciation at
31-Dec-25
Net Book Value
31-Dec-25
Net Book Value
31-Dec-24
General
Athletic
Fittings &
IT
TOTAL
Equipment
Equipment
Equipment
Equipment
2025
£
£
£
£
£
10,584
16,731
1,549
458
29,322
985
330
-
-
1,315
11,569
17,061
1,549
458
30,637
2,458
3,845
357
458
7,118
1,946
820
352
-
3,117
4,404
4,665
709
458
10,235
7,165
12,396
840
-
20,401
8,126
12,886
1,192
-
22,204

The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st December 2025: None

31st December 2024: None

10

MANSFIELD HARRIERS AND ATHLETICS CLUB

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025

3. INCOMING RESOURCES

a) Donations, Grants & Legacies
Gifts & Donations
b) Charitable Activities
Facility Hire
Membership & Track Fees
c) Activities for Generating Funds
Advertising Income
Café Income
Fundraising Income
Kit Sales
d) Investment Income
Interest
e) Other Incoming Resources
Sundry Income
Reimbursements
Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2025
2024
£
£
£
£
2,103
4,480
6,583
6,254
2,103
4,480
6,583
6,254
15,403
-
15,403
8,283
32,140
-
32,140
31,544
47,543
-
47,543
39,826
2,550
-
2,550
1,000
3,504
-
3,504
2,787
1,315
-
1,315
450
50
-
50
-
7,418
-
7,418
4,237
2,226
-
2,226
1,422
2,226
-
2,226
1,422
657
-
657
-
1,740
-
1,740
-
2,397
-
2,397
-

11

MANSFIELD HARRIERS AND ATHLETICS CLUB

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025

4. RESOURCES EXPENDED

a) Cost of Charitable Activities
Activities & Events
Bank Charges
Cafe Costs
Cleaning Costs
Club Kit Costs
Courses Costs
Depreciation Expense
EA Fees
League Fees
Office Costs
Rent & Rates
Repairs & Maintenance
Sundry Expenses
Utility Costs
`
b) Governance Costs
Independent Examiners Fees
9
Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2025
2024
£
£
£
£
10,843
-
10,843
9,870
42
-
42
25
391
-
391
2,634
222
-
222
95
2,134
-
2,134
2,043
1,038
218
1,256
-
3,117
-
3,117
2,765
7,683
-
7,683
7,357
-
1,830
1,830
450
156
-
156
271
2,220
-
2,220
1,133
7,644
1,200
8,844
3,719
-
-
-
-
6,020
-
6,020
8,624
41,511
3,248
44,759
38,985
960
960
900
960
-
960
900

12

MANSFIELD HARRIERS AND ATHLETICS CLUB

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025

5. RESTRICTED FUNDS

CURRENT FINANCIAL YEAR

Armchair Club & MBS
Athletic Equipment Fund
Buckley Brown
EA Legal Fees Fund
EA Track Cleaning
EA Track Inspection
Equipment Fund
Event Fund
Mayors Fund
MDC Sports Dev
Notts AAA
Refurbishment Fund
Rent Fund
Track & Jump Pit Fund
Welfare Officer Fund
Balance
Balance
01-Jan-25
Income
Expenditure
Transfers
31-Dec-25
£
£
£
£
£
-
480
218
-
262
584
-
-
-
584
1,350
1,800
1,830
-
1,320
150
-
-
-
150
-
1,000
1,000
-
-
-
1,000
-
-
1,000
291
-
-
(330)
(39)
225
-
-
-
225
358
-
-
-
358
(215)
200
200
-
(215)
-
-
-
-
-
(807)
-
-
-
(807)
33
-
-
-
33
(136)
-
-
-
(136)
300
-
-
-
300
2,133
4,480
3,248
(330)
3,035

PREVIOUS FINANCIAL YEAR

Athletic Equipment Fund
Buckley Brown
EA Legal Fees Fund
Equipment Fund
Event Fund
League Fees Fund
Mayors Fund
MDC Sports Dev
Notts AAA
Refurbishment Fund
Rent Fund
Track & Jump Pit Fund
Welfare Officer Fund
Balance
Balance
01-Jan-24
Income
Expenditure
Transfers
31-Dec-24
£
£
£
£
£
584
-
-
-
584
-
3,300
450
(1,500)
1,350
150
-
-
-
150
(40)
1,300
-
(969)
291
225
-
-
-
225
-
-
-
-
-
358
-
-
-
358
245
-
460
-
(215)
-
1,179
-
(1,179)
-
(152)
-
655
-
(807)
33
-
-
-
33
(136)
-
-
-
(136)
300
-
-
-
300
1,567
5,779
1,565
(3,648)
2,133

The restricted funds held are wholly represented by the CIO's cash reserves and are to be expended as specified above.

13

MANSFIELD HARRIERS AND ATHLETICS CLUB

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025

6. INVESTMENTS

The CIO held no fixed assets investments during this or the previous financial year.

7. CASH AT BANK AND IN HAND

Cash at Bank & in Hand
8. DEBTORS AND PREPAYMENTS
Sundry Debtors
Unrestricted
Restricted
TOTAL
TOTAL
Fund
Fund
31-Dec-25
31-Dec-24
£
£
£
£
80,031
3,035
83,066
59,788
80,031
3,035
83,066
59,788
Unrestricted
Restricted
TOTAL
TOTAL
Fund
Fund
31-Dec-25
31-Dec-24
£
£
£
£
-
-
-
-
-
-
-
-

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Independent Examiners Fees
Sundry Creditors
Unrestricted
Restricted
TOTAL
TOTAL
Fund
Fund
31-Dec-25
31-Dec-24
£
£
£
£
960
-
960
900
3,779
-
3,779
1,640
4,739
-
4,739
2,540

10. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR

The CIO held no long term liabilities during this or the previous financial year.

11. NET ASSETS BETWEEN FUNDS

Fixed Asset Investments
Net Current Assets
Long Term Liabilities
Unrestricted
Restricted
TOTAL
TOTAL
Fund
Fund
31-Dec-25
31-Dec-24
£
£
£
£
20,401
-
20,401
22,204
79,426
3,035
82,461
60,210
-
-
-
-
99,827
3,035
102,862
82,414

14

MANSFIELD HARRIERS AND ATHLETICS CLUB

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025

12. STAFF COSTS AND NUMBERS

The CIO employed no members of staff during this or the previous financial year.

13. TRUSTEES AND OTHER RELATED PARTIES

No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them.

14. RISK ASSESSMENT

The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.

15. RESERVES POLICY

The Trustees have considered the level of reserves they wish to retain, appropriate to the CIO's needs. This is based on the CIO's size and the level of financial commitments held. The Trustees aim to ensure the CIO will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily.

16. PUBLIC BENEFIT

The CIO acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the CIO has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the CIO should undertake.

17. STOCK

Stock consists of item acquired in order to generate profits to further the Charity's objects. Stock is valued at the lower of cost or net realisable value.

15

MANSFIELD HARRIERS AND ATHLETICS CLUB

(Charitable Incorporated Organisation)

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

Report to the trustees/ members of Mansfield Harriers and Athletics Club on the accounts for the year ended 31st December 2025 set out on pages 7 to 15.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

  1. which gives me reasonable cause to believe that in any material respect, the requirements:

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

have not been met; or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

K. Collaku MAAT Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ

Date: 5th February 2026

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