REGISTEREDCOMPANYNUMBER.. 13264923 IEn8lond and Wales) REGIERE0 C+IARITY NUMBER: 119551)0 REPORTOFTHETrusfEES AND uNAuDt FINANaAL5TATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 BARWELL5PORTSTRUST DvnEan &Toplls Llmited 3 Prince5 Court Royal Way Loughborough Letter$hire LEII 5XR
BARWELL SPORTSTRUST CONTENTS OF THE FINANCIALSTATEMENTS FOR THEYEAR ENDED31 MARCH 2025 Reportof the Tnjstees In&p•nthnt examln•r'5 Report ststèmèrt ol Flnandil Artl¥l¢l¥s staten>entof Anah41 Ptrsttlon Plotesto the FlThanclal Statements 8 to 16
BARWELLSPORTSTRUST ¢REGRED NUMBER.. 132649231 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The tru5tee5 who are a150 direLtor5 of the chariiy for the wrposes of the Companles Att 20, present thelr repon wf(h the flnarKial statements of the chanty for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Rewrtlng by Ch)rttl¢s.' Ststoment ef Recommended PraLtKe appllcable to tharitI prep4[ir their accounts irb èc£ordance wrth the Flnancial RepordTrgStsndard applicab in the UK and Repub¢ of Ireland IFRS 1021 (effect1 lJanu•ry20191. OBJECTIVESAND AcfiviTIES ObIertlves ar alms The Ihariws purposes loblectsl are for the neflI generally but wlth particular reference to the irth8tants of Barwell and ielce5ter and $ surrounding area5'. -3.1 tD promote COmTnunity partldpation In heathy recreation by providin8 facil0t for the playing of wrt5 ¢apèble ol iryTovin8 fitness ènd heahh IfacIllt In Ihi5 èrti¢lÈ 3 loblectsl Mea lond, buildin8s. equlpment and orgoni51ng 5FKSrtSng attNitie51.' -3.2 to advance amateur sport by promotlng sh sports or gae$ whlch promote health by Invofving phy<al or mentsl 5ktll or exertlon and whlth are undethken on an amateur bas$5.' -3.3 to provide and assist in the provision of faclltles for sptyrt. vecreation and other leisure lime OCDJpat(on of wch persons who have need foT 5Uth facilltles by reason of their youth. 38e. Infirmty or disabllity, poverry or social and e¢onemk circum5tsnces or forthe public 14r8e In the Interests of social wellareand wsihthe oblectof improvin8theirconditionsof lrfe.. arml -3.4 to odvèn¢e the education of the publlt. In partiojlar, children and youn8 people Ilncluding their physical and xademic edurationl by5u¢h means as the trustees mayfrom tlrne to twne detemilne. sI1r¢t ic¢Nitses The mana8ement of and hlrfng out of a 36 football pkch at Barwell 5POrts complex. Thetru5tees extend thelrthankstothe keyfunders who m•dethls posslble.. -The Football Fondal)n -The Football Stadla Improvement Fund -All the local indmduals aNJ buslnÈsseswhodonated toward5 the PTojett Publk benefft Thetrustees have paid due re8ardtothe 8uldance Issued bythe charity commlsslon on publK bevefit. ACHImENTsANo PERFORMANCE Chatltsblè aciMtle6 The 36 pitch at Barwdl spfft complex hJ5 regular bookfjngs throu8hout the weel Thls Includes local ladle5, hjnlar and amateur teams. Over 900 people per week benefit from the fatllity. A pèrtnership has boen ostablished wlth Leicester Cty FC in the Community and twofootballcarnp5 have been hÈld In school hol¢daysforlt*al young people. Vdunteers, along wlth our own volunteers at)d an outslde contractor, maintain the F3cility to thè rÈqulred le8al standard for use by all users. No amount is it)thded In the finantial statementsforvolunteertimÈ in Ilfie with the SORP. FINANCIAL REVIEW Hnanclal position Theaccounts st0 defj¢ft Ih the year. Thls isdue to the depreclatlon on the pltch. The dayto day runni of the pitch has operoted ata surplus. The charity has total funds £arried forward of £423,19B 12024.. £461,574) rnade up of unrestrirted fvnds of £27.727 12024.. £33,122). degnated1unds of E48.tWl2024.. E32,0) 4nd re5trirtEd fvndsof £347,47112024.. £396.4521. IncLude5 cash reserves of£56,21812024.. £33,095). Altheyearendthe unrestrlcted re5er¥Ès were a surplus. Page I
OARWELLSPORT57AVSTIHEGISTERED NUMBER.. 131649231 REPORT OF THETrUSTEES FOR THEYEAR ENDED 31 MARCH 2025 FINANCIAL REVIEW Rese$ poll¢v A clear policy by thE trustee5 IS to hold fund5 for the future rE5urfèting ol the faolity estSmèled in 10 years tlme. it has been 5u8gested bythefootball loundation that£25,(KK) peryear needs tts bÈ allocated Into a slnkln8 fund. At the end of each financial period. the trustee5 review the financial posttlon of the chatty and transfer 5vrplus cash balan5 to thpsftJnd.Thetru5teeswill take 5tep5 to•ldre5sanyshortf•ll astequlred when the pltch needs resrfac[ng. FLrruRE PLANS The charty intends to COnte work wrth the local community pro¥ittln8 fo¢tballin8 f)diities w IDc21 clubs. 8roup5 and Indivlduals through rent olthe 3G Pth. STRIKtURE.GOVERNANCE MANAGEMENT GovevnlD8 docum• The charity 15 controlled by its gOTlg dvrel a deed ol trust. and constite$ a Ilmlted Companyi limited by guarantee. as efined bytheCompaThie5 Act 20Lb. R¢tyuitmEnt ond appolntmEn¢ ofnewtrustees Trustees are chosen If they reflectthe ethosof thesports trust and •fe Invofved In local sport Inthe Barwell communtty. Induetitytt •ndtr4irriniof newlJy¥ie%s There are no fomial pollcie5 or procedure5 in place with r¢5peEt to the inductlon and tralnlng of trustee5, whith 6$ undertaken as and wheTh considered benefkial to the Charlty. However, upon appointrnent all tnjstees are made awarE ¢)f their respolIrtIeS nd are reftvred to the appropriate charitywmrni55Ton guidanlOrtruttées. ftlskmana8ement The tru5tee5 perceive the only gnIfi.COnt risk to th2 charity Is IF demand for and booklngs ef the prtch were to fall. However, the are the a8reements noted In thls report wrth garwell Football Club and Lelcester Cty In the Communlty whlch mrtl8atÈ this. and P05tyear-end the pltch has been fullybooked. The Twstees have reviewed the major rkS to which the Charity is exposed and systems have been esEab115hed to mitigate those rfsk5. REFERENCE ANDAi)MINIrnTIVE pAlL5 Rqlllered Company number 13264923 IEnBland and Wale51 ReO5tered Charfty number 11955 Rerflstered oflke Bèrwell Sports aub The Cricket Field Kirkby Road rbvell Leitoster LE98FQ Trust¢ DJ 131Ag Managln8 D(rertor S W Mathieson Managlng Dirertor T D Wrt8ht Operatsons Manager R WGuest Despatch CthOrdin3tDr C PTrapps Dlrectorl Flre and tUrftyEn8lneer Independent Emamlner Niall Kingsley IFCAI Duncan & TgplLs UmFted 3 Princescourt Royal W Loughborough Lelcestershlre LEII 5XR Page 2
bARWELiSPOftTSTrIMIREGISTEReD NUMBER: 132649231 REPORTOFTHETRVSTEES FOR THE YEAR ENDED 31 MARCH 2025 roved by orderof ihe board offru5tEes on.... and si8ned on its behaWby= DJLain%-Tr eè Page 3
INDEPÈNDENTÉXAMINER'S R£PORTTOTHEIRusfEES OF BARWELLSPORTSTRL Indeynd•ntxminert report tothetwusttes oF8abwellSportsTrust Iyhe Companrfl I repcrttothe charitytrustees on my examiTrion of auounts ofthe Company forthe year ended 31 March 2025. RespoMiblUllèsand basls of report A5 the charity's trustees ol the Company lènd its dlrettors for the purposes of company lawl you are responsible for ihe preparat of the accounts In accordantewiththe requlrernents of theCompanie5Act 21x161 the 2006 Act'l. HawnE satisfied myself tt the accounts of the Comparry are not requlred to be audited under Part 16 01 the 211)6 Art and are eli8ible for Iependent examination. I report In respert of my examlnatlon of your charity's aetounts a5 camed out under Sedion 145 of the Charities Act 2011 1.the 2011 A&1. In tarrylng out my examination I have followed the 01clo0n$ glven by the Charity Commission under Secth)n 145151 Ibl of the 2011 Art. IndePe¢exaMIs ststement I have completed my exarninion. I conflrm thai no matters have come to my attention in connectlen with the examinatyon qfvlng me causeto belleYe-. accountiw record5 w¢re not kept Sn respectof the Company as required bysection 386 ofthe 2006Att', or theaccounts do not accord with those records.. or the accounts do not compty with the attounting requirements of Sectloft 396 of the 26 Act other thaTr any rEqulremeTrt tt the accovntsgwe a tru¢ and fairview which is not a matterconsidered 35 part of an independent examination,. or the accounts have not been prepared in a¢cordarKe wth the methods and principles tsf the Statement of Recemmended Prartice for atcountin6 ènd reporting by th8rftles lapplicable to charl¢ies preparfng rheir accounts in accordance wlth the Flnanllal ReportingSt4ndard appllcable In the UK and Rèpubllc of Ireland IFRS 10211. I have no coneems and have come acr05S no other matters in connection wh the examlnatlon towhKh attentK•n should be drawn In this report in orderto enable a properunderstandingof the accounts to te reathed. Niall Kin8sley IFCAI Duncan & Toplls Umlted 3 Princes cCrt Royal Way Loughborough Lekestershlre LEII SXR Date.. 1611212025 Pa8e 4
BARWELLSPORTSTRUST srAYEMENT OF FINANCIAIAcnvinES IINCORPORATINGAN INCOMEAND EXPENDITUREACCOUNn FOR THE YEAR ENDED JI MARCH 2025 2025 Totsl funds 2024 Totsl funds 5 reststed Unrestricted fund Rèstrirted funds Desl8nat¢d Not¢5 INCOME ANDENDOWMEPIts FROM Donatlons and le8ades 6A75 6.875 15,2S6 Charftable actlvltles Lettin8 of 3G p*th 49.111 49.111 52.917 Totsl 55386 55,986 68,173 EXPENDITURE ON Charitable¥c¥¥ilt¢s AunningC05ts of 3G Pitch OepreuatKTrn of Pitch and Fadlrtles 25A08 19.969 426 48,553 25,834 68.522 25.313 68.113 Total 45,377 48,979 94.356 93,426 INCOMEIIL¥PENDITVRQ Transfer5 between fvnds 10,609 I16J) 148,9791 1383701 125,253 20 16,QOO mo¥ement In fvnd5 IS3911 16.000 148.9791 1383701 125.253 RECONCIUATION OF FUNDS Totsl funds brou8htfoThvaYd As previouslyrepDrtÈd Prloryearadlustment 2516 702 32.000 388.351 8,099 44567 15,701 473,040 13.787 As restated 33,118 32.0 396A50 461.$68 486,827 TOTALFUND5 CARRIED FORWARD 27,727 48.m) 347.471 423,198 461,574 notes forrn part ofthese financial statements Page 5
BARWELLSPQRTSTRusf IRE615fERED NUMBER: 132649231 ATEmETrOF FINANCWL posmoN 31 MARCH 20Z5 2025 Tot81 2024 Total lunds s restated Unrestrlcted fund Restrirted funds DeslEnated Notes FIXED ASSErs Tanble 35sets 14 108.592 346.930 455.522 518,844 cur¢RENfAssETS Debtor5 Cash at bank 15 2.163 7,939 262 279 2.425 56.218 6,130 33.096 10,102 48,OCQ 541 58.643 39,226 CREDifoRS Arnountshlling due wthin oneyear 16 115,9671 1159SII 116,5371 NCURREpI[ASsS 15.8651 541 41676 22.689 TOTALASS LESscuKwir LW4BILmES 102,727 347.471 498.198 541533 aiÈDiroAs Amountsfalllngdue after mre than one year 17 I75.0) I75,() 179,9591 IIET ASSETS 27.727 347.471 423,198 461.574 FUNDS Unrestrirtedfunds Restrictedhjnds 20 75,727 347.471 65,122 396A52 TOTAL RINDS 423.198 461,574 The chèrttable cornpany 15 entitled to exemption from audit under Section 477 ef the Companie5 Art 2CK)6 for the year ended 31 Marth 2025. The members have not requlred the corwany to obtaln an audit of k5 financial statements for the year eThYed 31 Marth 2025 In accordance with 5et¢ion476 of theQ)mp4nies Att2fXI6. The trustees acknowledgetheir responsibilities for ensuring that the ¢harit4bk iornpany keeps a¢¢oyntin8 rerdS thai ¢tynply with SE¢lion$ 386 ènd 387 of the Compan5 Act 26 and preparlt)8 financial statements whlth give a trne and falr vlew ol the state of affalrs ol the charltable company a5 atthe end of each financial year and of its 5urplu5 or deficit for each linancial yeor in accordance with the requirements of Section5 394 and 395 and whlch othetwlse comply wth the requirements of the compani Act 2C4)6 relating to financial statements, so faras ¥pl¢table to the tharftable company. Ib The Mtesfonn part of these)Inar1St3ternents Page 6 contlnued...
BARWELLSPORTS TRUST (REGISTERED NUMBER: 132649231 STATEMENTOF HNANCIALKISrnON. c0nt5hld 31 MARCH 2025 These financlal statements have been prepared In accordance wth the provlslons applkable to charitabje ccrnpanie5 subject to the small rornpanie5 re81rne. 1011212025 The flnanclal statements were apwoved by the Board of Trustees and a*rthorised for Lssue . were S1cd w r¢5 behalf by.. and DJ Laing Tustee The noteslorrn partof these financial statements Poge 7
BARWELISPORTSTRUST NOTESTOTHE FINANCIAI STATEMENTS FOR THEYEAR ENDED 31 MARCH 2025 GENERALINFORMATfoN Barwell Sports Trust is a Ptivate Chariièble Company Limited by Gyarantee, registered in Engnd and Wales. The tharty'5 reElStered number Is 11955(band the Company re8lstration number is 13264923. The re8i5tered offKe and principal plKe of bUneSS 15 BaThvell Sports Club The Cricket Field, rkbY Road, 8an¥ell. Lelcester, LE9 8Fa. The firtala1 ststements are PTe5ented in SteIng which 15 the furlOnl curren¢y ol tl ¢hatity and rounded to the Thesignfficant occounting poliries applled In the preparatTr of thesefinanc5al statements are5et out below. These poNoes have been conslsttntly applledio all years presented unlessotherwlse stated. The linancial ststements coverthe indlua1 entity- The entty con5tr(ute5a public benefitentity as defmed by FRS 102. There are rx) materfal un£ertalntleswith goln8 ¢onom. AccoiJf4nNG POLICIES Bas ofpreparingthp fiHanu41 ¥Wemw The financial Statements of the charltsbk company. which a public benefft entity under FRS 102, have been prepared accordance thè Charltles SORP IFRS 1021 'Ac£ountlng and RÈpotYn8 by Charlties.. Statement of Recommended Praclice applicable to charitie5 preparing their accouTrt5 in accordance with the Financial Reporti Standard èpplicable in the UK and Republ of Ireland IFRS 1021 leffectlve l January 20191,, Fin2n£ial ReportinE standard 102 The Financial Reportln8 Standard applkèble ith the UK and Republic of Ireland, and the Comp8Thles Act 2006. The ffi"narKlal Statements hwe been prepared under the h$5torKal cost convention. Inwme l incorne 15 reco8nised in the Statement of FiThaThcial ActtieS On the charty ha5 entitlement to the funds. r( ts wobable thatthe inceme will recefved and the amnt be measured rellably. Irrtome from ¥rants, ènd 8¢wernment grants. is TecogTrised at lair value when the charty h?5 entFtlement after any performance cond10nS are met, rt Ss wobable th8t the Income wlll be received and the amount can be rvea5ur¢d liab. If entftlement is not m&then these amout)ts are defeed. Empendlture bilities are rwfilsed as expenditure as soon as the Is a legal or ttjnstrucrive obllgation £ommlttin8 the charfty to that txpenditure. it is probaNe that a transfer of econornic benefits will be required in settlement and the amount of the oblvgation can be rnea5ured relSably. Expenditure Is accounted for on an acuuals b3s1s and has been cla5srfied under headin85 that a8sre8ate all 105t related to the category. Where costs cannot bp direct attributed to particular headings thÈyhave been alhxoted to artivitie50n a basis consistentwith the useof resources. TangIbred *ssets Tan8ible fixed assets costing more than £5 are capitslised and included at cost includin8 any inridentèl expenses on acqulslflon. TangIb a55ets are stated at C05t less accwnulated deprlatIOn and accunxjlated impèifftent losses. Cost include5 5ts d1ctIV attrfbutableto makingihe asset capable of operatin8 as Intended. Depretiation is provided on all tan8ible fLKed assets. at rates calculated to write oif the £t. less e#imated IdUal vahje, of each asset on a systemaisc basfs overrts expetted useful Ilfe as follows.. 3G Pftch Fixtures and FittlnEs IO%on c05t 4-20% OTh cost Property, plant and equipment 1$ ststed at wst lor deemed costl or valLJation less ¥c¢umulated depreciation and accumulated Impalrment COA incbJde5 costs dtrectty attrlbutable to maklng the a55et capable of operating intended. Page 8 coTrtlThued...
BARWEiLSPORTSTRLIST NOTESTOTHE FINANaALSTATEMENfs-¢ontiNe FOR THEYEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES-eontlnued Tan8iblefLKed assets At eath reporting date. fixed assets are revivwed to determlne whether there 15 any indic8tkni that thos¢ assets ha¥0 suffered an impairment Ios5. If there Is an indkation of p05slble Impairment the recoverable amount of any affected asset 15 e5tirnated and compared wlth its carryinE amount. If the estSmated reco¥erablt amount Is lower, the carrying amount redu to itsestimat2d retoverable amounL and an imp•imiÈnt loss Is recoEnised immediately sn the Incfflie Statement. If impairment loss subse(wently reverses. the carrythg amount of the asset is Iased to the revisefl estimate of its recoverable amount, but not In excess of the amount that would have been determinÈd had no InwalrrnEnt loss been recognlsed forthe zsset in priorye3r5. A revèrsal of an Impalrment Is recogni5ed immedktely in the intomestatement. TatIon The charityls exempt from cOTprntrt tax on Rs charitsble atttvbtle& Funda¢wuntk U¢)restritted funds can be used in ac¢tyrdan¢e wtth the charitable objertive5 atthe dlscretlon of tht tntstee Restrlcted funds can onty be used for particular restrirted purpuses wh1n the obj.ects of the ¢harfty. Restrittions arlse when specified bythe donororwhen fvnd5are raised forpartlcular restrlrted purposes. Further explanation of the natsjre and puyposeof each lund 15 in¢luded In the notes tothefiDonri)l ststemems. DebtOand creditors weable/ payablewlthlnorteyeav Debters and creditors %wth no stèted Interest rate and receable Or payable within one year are recorded at transartlon prite. Any losses 8rfsing from impairment are reco8nlsed expendlrvre. Critital tOU1081d¢em¢ts3nd tsllmaiion uncertainty In thp applitatlon of the charitable compoTh¢s acwunting pollc5es, management is required to makeiudBernents, estimates and assumption5 about the carWn8 value of assets and liabilitlE5 that are not re4dily 3pparent from other sources. estimates and undedwryg awmpt)ns are based on historical experience and ether firtor5 that are considered to be relevant. Artual re5uhs may dffterfrom these estlmates. The estimates and underfnE assumplions are re¥Aewed on an ortsin8 b&%ls. Re¥lslon5 to occountln8 e5tlrnate5 ère recogni5ed lfi the perd Sn whkh the estime is re¥i5ed If the revlsien affert5 only that peHod, or in the per)d of the re$lon and future peri5 if the reyisron affects both current and future periods. There are no tC¥1 accountthg judgements or estlrnatlon uncertainty that, in the opinlon of the tsuslees. wlll ha4e a marerlal effecronthe financi1 statements. DONAIIDNSANDLEGAOES 2025 2024 as restated Dtsnitions Grants 6875 1,1 14,156 6,875 15,256 Grants receNed. 5ncluded intheat*)¥e. are a$follow5'. 2025 2024 as restated ChavitsbleArtivities 14.156 Inclvded within8rants recefvable arethefollowing arnouhts.. Football Foundation-£NIL12024.. £14,1561 Whlch are govemment grants a5deffined bythe SORP. Page9 contlnued.,.
NOTESTOTHE FIP4ANCIALSTATEMENTS- ¢ontlnued FOR ThE YEAR ENDED 31 MARCH 2025 INCOME FROM CHARITABLE AUIVrnES 2025 2024 35 restat 3G Pitch Lettlng Fee5 LenE of 3G Pitch 49,111 52,917 CHARABLEAcnvThES cosrs Direct Costs Isee ote61 Support costs (see note 71 Totals Runnln8 Costs of 3G Pltch Depreo4tlon of Pttch and Faclllties 22.632 3,202 68.522 25,834 68,522 22.632 71,724 94.356 DIRECTCoSTSC CHARrrA8LE Acnvrt 2025 2024 a5Testated Rates and water Li8ht heat Ad¥ertisiThg Sundrfe5 Rent Repair$3nd Rerbewals Howhold and Cleanlng 250 6.tY38 8,103 1.575 1.212 5,933 9,209 705 22,632 21,262 supPCO$1$ Govemnce cost5 Other Totsls RunNng Costs of3G Pitch Depre£lation of Pitch and Fècllts 3.202 3,202 68,522 6822 68.522 3.202 71.724 PIETINCC*AEIILXPENDITUREI Net Inc0eXpenditUreI is Statedafter chargin(cred15. 2025 2024 as restatrd DeplatIon- owned assets Operatln8 lease Rental Payments 68.522 68.114 Pa8e IQ continued...
BARwE5P0RTSV5T NOTES TOTHE FINANCIALSTATEMENTS- continued FOR THEYEAR ÈNOED31 MARCH 2025 INDEPENOENT EXAMINERS REMVNEFiATh)N 2025 2024 a5 we5tated Independent Examlnation Fees 3,202 4.051 io. TRUSTEES, REMUNERATION AND BENEFITS There were no trLtstees' remuneration or other benefts for the year ended 31 M¥rch 2025 nor for the year ended 31 Marth 202 Trnste expenses There were no trustees, expense5 paid fortheyeèrended 31 March 2025 )r lertheyearended 31 March 2024. IL sfAFFCOSTS Thea¥erage mnthly mjmbtrolemployeesduringthe yearwa$asfollows: 2025 2024 as restated Trustees No employee5 received Èmolurnents in exws of £60,(K)O. 12. COMPARATIVES FOR THE STATEMENTOF FIt4ANaALACtMnES UnrestrlLtÈd fund REstried fvnd5 Total fund5 a5 restated Desi8naied INCOMEAND ENDOWMENT5 FR(hM i)onationsand legacies 14,7% 15.256 Charftable la115e$ ttlng of 3G pitch 52.917 52,917 T¢trl 53.417 14.756 68,173 EXPENDITURE ON Charltsble actlvlli¢s Rurbning Costsof 3G Pitch Depre¢latlon of Pltch and Fadlrtles 24822 19.502 491 48.611 2S,313 68,113 Tot•1 44,324 49.102 93,426 NETINCOMEI(EXPENOITUREI Transfers between fvnds 9.093 14,8621 134.3461 111.1381 125.2531 16,0 Net mwtmert In funds 4.231 16,QXI 145.4841 125.2531 RECONCIUATION OF FUND5 Total funds broughtforward A5 previously reported Prioryearadlu5tTnent 20.20S 16,IX#) 436.835 473.OtlO 13,787 A5 T•12d 28.893 16mK) 441,934 486,827 Page 11 contonued..
BARWELLSPORT5 TrU5T NOTES TO THE FINANaALSTATEMENfs-tontlhu¢d FI)R THE YEAR ENDEO 31 MARCH 2025 COMPARATIVES FOR ThE STATEMENTOF ANANaAtACTwmES. eontknued UDre5tricted fund ReriCted funds Totsl funds a5 re5tsted Deslenated TOTAL FUNDS CARRIED FORWARD 33.124 32.OCO 396,450 461.574 PRIOR YEARADJUSYPrtNr Followln8 completion of construttion of the tth, St has been noted that the cost has been overstated. The overstatement has arisen owlng to a retentlon of £30.OJO whkh did not matedalise. offset by a cost of £10.860. prOntra de51gn work paKI on the thafity'5 behalla53 donatknn prknrtothe chaiitycommencinB artI1e5. Deweciation broughtforward has been redutod £4,841 to refiectdepreclthon char8ed ontheoverstated r05L The nrf impatt of these trartsattws is a redu¢bon of £J4,299 M the brought f(n¥ard net book value ot rixed H55et5. a reduction in accruals of É30.fJJ)and a net Increase in reserves brouBht forward of £15,701. These adjustments hove bven ref(ted In the fvnd5 kn vjhlchthe trdnsattiens We 0ri8iNally recorded. TANGIBLE FIXED A55Efs Fixt$ Freehold property fitti[$ Totals At l April 2024 Additions 651.457 69.247 5.2QO 720,704 5,200 At 31 March 2025 651,457 74.447 725,904 DEPREaAmON At l April 2024 Charge for year 194.025 65.146 7.835 3.376 201.860 68,522 At 31 March 2025 259.171 11,211 270.382 NEf BOOKVALUE At 31 March 2025 392.286 63,236 455.522 At 31 March 2024 457.432 61,412 518.844 15. DEBTOR5:AMOUtirs FALUNG DUEWITHIN ONE YEAR 2025 2024 as restated Trade debtors Pfepayments 5,170 960 2.425 2,425 6.130 Pa8e 12 coniinued...
8NAWEiLSPORTSTRUST NOTESTOTHE FINANCLAL5TATEMENTS-contlnued FOR THEYEAR ENDED 31 MARCH 2025 CRED05. Amoupns FALLING DUEwrrHIN CINE YEAR 2025 2024 a5 re5tzted Other loan515& note 181 Trade creditors 10,OOD L795 977 3.191 to,0 1346 1084 3307 VAT Accruals and deferred It)£ome 15.967 16.537 17. CAEDITORS.. AMOUNTS FAWNG DUEAFTER MOREIHAN ONEYEAR 2025 2024 as restated Other loarffj (see note 181 75.000 79,959 An analysi50fthe maturrtyof loans isEiven below: 2025 2024 as restated Amounts fallin8 due vAthln Oryear on demand.. Other loan5 io,r 10,1 Amounts falling between oneand %woyears'. Otherloans- Due in morethan IY¢ar 75.UJO 79,959 The amourt included in the above loan. relates to the loan from Clearthemi Glass Sealod Un5 LTD 15 detslod further in note 21. 19. LEASIMGAGREeMENT5 Mlnlmum lease paymeMs under orrfaellab1e cperatingleasesfall due aslollows.. 2025 2024 as reststod Wh1 one year BetweeTh one Ind five years In more than five years 5,OlX) 20,000 81917 5.Q)O 20.(NJO 87.917 107,917 112,917 Page 13 tinued...
BAAWÉLL5PORTS TAusr NOTE5TOThE FINANCIALSTATEMEIITS-wnwwed FOR THEYEAR ENOED31 MARCH 2025 20. MOVEMENT IN FUNDS Prior year adju5tmert Net movement infvnd5 Trdn5fers btheen funds At 313.25 At 1.4.24 LIDr•strlctod funds General fund Slnkln8 Fund forpfjtth r¢bulld 25,516 32,OJO 7.602 10.609 116.oxII 16,W) 27,727 48.000 57.516 7,602 10,609 75.727 Rethrted fvnd5 Football Foundation Football Stadla Improvement Fund Goal Wheels Fund VEO CamEra Fund Defibrillator Fund CCTV Fund 343,153 8.099 145.9121 305.340 40.855 I2,) 38.455 788 14271 11201 (J201 361 360 2,775 2,895 388.351 8.099 148.9791 347A71 TOTALFVNDS 44567 15.701 138,3701 423.198 Net movement in funds, induded in the above are as follows.. lllcomSng re59urtt5 Resourtrs expended Movement lTrfund5 Unrestricted fund$ General fund 55,986 145.3771 10,609 Re$trttted funds FwtbÈll FouDdatK)rb Foot11 Stsdla Improvement Fund VEO Camera Fund Defibrill*or Fvnd CCTV Fund 145,9121 12.4001 14271 iuoi illoi 145,912 114WI 14271 11201 11201 148.9791 148.9791 TOTAL FUNDS 55.986 194,3561 138,3701 Pa8e 14 tontinued...
RWELLSPORTS TRU NOTES TOTHE FINANCIALSTATEMENTS-continued FOR ThE YEAR ENDED31 MARCH 2025 mOvEMEPlN FUNDS-tantlnu CCfflparathf0r mwemerrtlrtfunds Prbr year adjustment Net movement In fuThJs Transfe betweers fvnds At 31.3.24 At 1.4.23 Unr•stFkt•d lund5 General fund Sinklng Fundlor pltch rebulld 20.205 16,OfY) 8.688 9.091 14,8621 16.OLKS 33,122 32,0 36.205 8,688 9.091 11,138 65,122 R8rtrktedlurbds Football Foundztion FIK>tball Strddia Improvement Fund Goal Wheels Fund VEO Carnera Fund Deflbrillator Fund ccni Fund 392.066 135.7591 110.1511 35L255 43,255 11,4131 19871 40.855 J,334 15471 787 2,895 2.895 436,835 134.3441 111.1381 396.452 TOTALFUNDS 473.010 13.787 125.2531 461.574 Cornparate net movèment in lutyJ¥ Induded in theabove are a5folbws.' Incoming resoiirtr5 Resource5 expended In knnd5 UnrÈstrlttedfunds General ftjnd 53,417 144,3261 9,091 Rethtted funds Football Foundation Footbèiistsdla Improvement Fund VEO Camera Fund DÈfibrillator Fund CCTV Fu 10.153 987 145,9121 12.4001 15471 11201 11211 135.7591 IL4131 15471 3.016 2,895 14,756 149.1(Xll 134.3441 TOTAL FUNOS 68,173 193A261 125.2531 Football thnd•iknn Fund rektes to fvndin8 received towards the cost of the 3G pkch. Ihese monks were Spent on the bulldlng of the 3G wtch and thi5 balante s depredatinE oyerthe u5efvl lifeofthe 3G pltth. Football Imwovement Fwd rekEes to towards Improvin8 the fixture5 & fittin8s suThOund8 the 3G pitth.These moThie5 were vknolty spent on the fikt¥res & littings around the 3G tch and this balance is depreciatin8 over the lrfe of the Ilxtures& fftting5 purchased ¥th thisfvndin8. Goalwheels Fd relatestofvndin8 recei¥ed towardsihe purchaseof Roalwhee15 lorthe goals on the 3G pttch. VEO Camera Fund wa5rreatedto fund the purchaseoftheVEOcarnera 4Jsed tolrdS 8amesaTrJ training se5s*Jn5. The &"nking Fund 15 forthe reSfaCkngof The pltth in IOyear5time fromihe date the pltrhwa5completed. The Dèfibrillator Fund relates to monie5 raised Irb Memory of 3 8arn¥ell FC mernber towards the c05t of a defibrllator for the feotball pitche5.These monlÈs were wholty speni cn the defibrillator arvj thts balarKe is bel depre£kted ovÈr the Useful life olthe deflbrfllator purchased with these funds. Page 15 coDtiMed...
BARWELLSPORTSTrUST NOTESTOTHE FINANCIALSTAIEMÉNTS-rorrtlnued FOR THEYEAR ENDED 31 MAACH 2025 MOVEMENT IN FUND5-wntlnu•d The CCTV Fund relates to a fvrther grant from The Football Foundation towards the installation of CCIV ai the football pitches.These mon5 were wholly spent on the Cav and ihis balance 5 beln8 depretiated useful Ilfe of the CCTV purthased w6th thesefvnd5. Transl•ts betWeefvrls During the prior year year £11,138 wa$ transferred from two restrKtÈd lunds to the Eener& fund. On 3tst Marth 2023, the charlty paid a retention towards the ct of the 3G pr¢£h. Thls cost was pald from the general fund. In April 2023, grant fvnding was recelved from The F¢)otball Ftrundation and Football Stadia Improvement FuThd to cover this c05t and iherefore the manles Spent from the8eneral fund in respÈrtofih15 retention have been transferred bac 21. RELATED PARTY DKLOSURES In 2022, a loan of £109,959 was made to the thadty by Cleartherm Glass Sealed Units knmited of whorn a trustee is also dirertor. In 2023. a further£14,(KKIwa5 advarKed, with £IO,O(KJ beingiepaid. In 2024. a further E24.LWwas repaid. In 2025, 3 further E5.WOwas repald leanga totsl balan¢ on the toan atthe year end of£85.(th. The is no l¢Jtrnal agreement in pla in resyct of this loan and theie are no fM31 repaYnt tern. M) interest hès been charged on thi5 k)an. This loan Is r¢ot on a comrnerrial basls. Furthermore, the thaffty entered into a kase agreement wlth Barwell Spons and Crlcket Club Company Umited on 6th November 2021. Thls ISe Is a perbod of 25 years in respert of the land on which the 3G pCh 15 situated with an agre mlnlrnurTt rènt of £S.Cth per year subject to rewS throughout the perlod. In the current year E5.c¥xI12Q24- £5.oc(II w35 paid by the charity to Baell Sport5 and Critket Company Llrnited in respett of this aBreement. The subsequent $t c¢mmftments in respettofthls are as shown on note 19 ofthese accounts. Jring the year. Iht tharlty retrNed £IB7512024.. £50)) In don3tion5, and £NIL12024:£NILI in sponsorship Corne. from BaThvell Crlcket ClubtowÈrdsthe ekctsiotYC05ts of thp charity as they use the facilitie5 durfng ihe winter. Furthemiore. during thè year the charity re¢efved a contrlbutlon of £NIL12024= £1501 towards rates and wer from Barwell Sports and Cdcket Club Company. LIMITED BYGUARANTEE The charitable company 15 a prNe limited company limited by 8u•r8ntee and consequeTrtly d($ not have share capltsl. Each member 15 liabte to ¢wtrfbute an amount rx)t ex¢¢edln8 Él towards thÈ assets of the company In the event of liquidation. P38e 16