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2024-09-30-accounts

Charity registration number 1199037

SKIPTON COMMUNITY SPORTS HUB

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

SKIPTON COMMUNITY SPORTS HUB

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr M J Birks Mr J Mukherjee Mr P L Eastham Mrs C A Davison Mr I S Longden Mr J D Smith Charity number 1199037 Principal address Skipton Community Sports Hub Coulthurst Memorial Playing Fields Carleton New Road SKIPTON BD23 2AZ Independent examiner Shepherd Partnership Ltd Carleton Business Park Skipton BD23 2DE

SKIPTON COMMUNITY SPORTS HUB

CONTENTS

Page
Trustees' report 1 - 4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Statement of cash flows 8
Notes to the financial statements 9 - 17

SKIPTON COMMUNITY SPORTS HUB

TRUSTEES' REPORT

FOR THE YEAR ENDED 30 SEPTEMBER 2024

The trustees present their annual report and financial statements for the year ended 30 September 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's [governing document], the Charities Act 2011 and "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 (FRS 102)" (effective 1 January 2019).

Objectives and activities

The primary aim of the charity is to build a new, modern clubhouse and changing rooms to establish a community sports hub which will further the objectives set out in the Charity Constitution as follows.

  1. To provde or assist in the provision of facilities in the interests of social welfare for recreation and other leisure time occupation of individuals in Skipton and surrounding area who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.

  2. The promotion of community participation in healthy recreation in particular for the benefit of the inhabitants of Skipton and the surrounding area by the provision of facilities for participating (but not limited to) football and cricket.

The ongoing aim is to ensure commercial viability of the Skipton Community Sports Hub facilities and to generate income to further the charity objectives.

SKIPTON COMMUNITY SPORTS HUB

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

Achievements and performance

When the charity was incorporated in 2022, the primary aim was to create a new community sports hub facility to replace the dilapidated facilities at Skipton Cricket Club. We are therefore delighted that significant progress has been made to make this a reality with a key milestone achieved in September 2024 when the doors were opened to host events as the new home for Skipton Cricket Club and Skipton Juniors Football Club.

The building project began in February 2023 with the demolition of the dilapidated Skipton Cricket Club pavillion as the first part of a detailed building project utilising local trade resources. By the end of the 2023 financial year, the ambitious project was taking shape with the structure of a modern new building in place together with roofing, windows and doors. This enabled us to progress to the next stage of the project, supported by grant awards and fundraising to fit out the inside of the building to create the clubhouse and dressing rooms.

The project has overcome a series of challenges, including a break in that delayed progress whilst having to remedy damage to windows and doors. The weather brought relentless rainfall which meant a rethink to the plans for the waste water treatment due to the unprecedented high water table. This added cost and delay as a new solution was put in place. All this was against a backdrop of inflationary pressures and we are extremely grateful to the tenacity of the project team along with the generous financial support from our grant providers, donors and fundraisers who have raised the necessary funds to overcome the many challenges.

There has been an ongoing communication of progress via the press and local media to keep the community updated. Fundraising has been a key contributor to ensure sufficient funds to complete the project. This included the opportunity for club members and the wider community to become Founders of the new facility, helping to raise over £22K including other fundraising and donations in the financial year.

By early September, the trustees were proud to open the doors to host the last cricket matches of the season and welcome the start of the football season. The new building is stunning and delivers well equipped changing rooms for players and officials, with a spacious and welcoming lounge equipped with bar and kitchen, opening up to the sports fields and stunning views across the valley. This is being delivered with sustainability at the forefront of our thinking, with levels of insulation, energy efficient air source heat pumps, heat recovery systems and solar panels.

Work continues to finish the internal fittings plus external access and landscaping to provide a fully accessible and inclusive space opening up more opportunities for activities and sports for disabled people. With the facilty now generating income to support fundraising efforts, it is anticipated that all works will be completed in Spring 2025.

Once complete, the Skipton Community Sports Hub will support the sporting activities of Skipton Juniors Football Club and Skipton Cricket Club, which includes around 600 children and young people from the area. The facility will also serve the wider Skipton community, with the Hub expected to host various community groups and clubs as well as being a focal point for a wide variety of sporting activities.

SKIPTON COMMUNITY SPORTS HUB

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

Financial Review

The project has been underpinned by grant funding from Craven District Council (now North Yorkshire Council) planning gain funds per the Section 106 agreement with Yorkshire Housing, the England and Wales Cricket Trust, part of The England and Wales Cricket Board and The Premier League, The FA and Government via The Football Foundation.

In addition to funds received from individuals, fund raissing events, organisations and bank interest, significant grant awards totalling £178K have been secured in the year from Bernard Sunley Foundation, North Yorkshire Rural Prosperity Fund, Garfield Weston Foundation, Tarmac Landfill Communities Fund and Tarn Moor Trust. Generous awards totalling £25.7K have also been granted in the year from Skipton Mechanics Institute, Sport England, North Yorkshire Police & Fire Commissioner, Craven Trust, Duke of Devonshire Trust, Skipton Building Society Charitable Foundation, Skipton Business Finance, Craven Step into Action, Tesco and local councillors. This support is very much appreciated in helping us create a new facility for the benefit of the sports clubs and the wider Skipton community.

During the year £369,784 had been spent on building costs plus fixtures, fittings and equipment with cash at bank of £20,547. These funds together with additional fundraising and grant awards are part of the intiatives in place to ensure funds to complete the building project.We are also grateful to loans amounting to £25k from Skipton Cricket Club and Skipton Juniors Football to ensure funds were available to instruct work, including works attributed to the charity trading arm Skipton Sports Hub Limited.

Once the building project is complete and Club loans repaid, the trustees will develop a policy of holding reserves. In the meantime, it is the policy of the trustees to ensure the funds are in place to fulfil their commitments. The ongoing aim is to generate funds to ensure the commercial viability of the Skipton Community Sports Hub facilities and to further the charity objectives.

Major Risks

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

Skipton Community Sports Hub is a Charitable Incorporated Organisation and a registered charity as from 23 May 2022. As per the constitution, the first trustees serve for a period of between two and four years. Thereafter, trustees will be appointed for a term of three years by a resolution passed at a properly convened meeting of the trustees.

The trustees who served during the year and up to the date of signature of the financial statements were: Mr M J Birks

Mr J Mukherjee Mr P L Eastham Mrs C A Davison Mr I S Longden Mr J D Smith

SKIPTON COMMUNITY SPORTS HUB

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

The trustees' report was approved by the Board of Trustees.

Mr J D Smith

29 April 2025

SKIPTON COMMUNITY SPORTS HUB

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF SKIPTON COMMUNITY SPORTS HUB

I report to the trustees on my examination of the financial statements of Skipton Community Sports Hub (the charity) for the year ended 30 September 2024.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Shepherd Partnership Ltd

Carleton Business Park Skipton BD23 2DE

Dated: 29 April 2025

SKIPTON COMMUNITY SPORTS HUB

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 SEPTEMBER 2024

Unrestricted
Restricted
funds
funds
2024
2024
Notes
£
£
Income from:
Donations and
legacies
3
14,284
299,558
Other trading
activities
4
28,754
-
Investments
5
822
-
Total income
43,860
299,558
Expenditure
on:
Raising funds
6
9,576
-
Charitable
activities
7
1,841
-
Total expenditure
11,417
-
Net income
32,443
299,558
Transfers
between funds
385,700
(385,700)
Net movement
in funds
8
418,143
(86,142)
Reconciliation of funds:
Fund balances at 1 October
2023
560,522
86,142
Fund balances at 30
September 2024
978,665
-		 Total
Unrestricted
Restricted
funds
funds
2024
2023
2023
£
£
£
313,842
20,357
627,740
28,754
557
-
822
986
-
343,418
21,900
627,740
9,576
2,976
-
1,841
-
-
11,417
2,976
-
332,001
18,924
627,740
-
541,598
(541,598)
332,001
560,522
86,142
646,664
-
-
978,665
560,522
86,142		 Total
2023
£
648,097
557
986
649,640
2,976
-
2,976
646,664
-
646,664
-
646,664

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

SKIPTON COMMUNITY SPORTS HUB

BALANCE SHEET

AS AT 30 SEPTEMBER 2024

Notes
Fixed assets
Tangible assets
12
Current assets
Debtors
13
Cash at bank and in hand
Creditors: amounts falling due within
one year
15
Net current assets
Total assets less current liabilities
The funds of the charity
Restricted income funds
16
Unrestricted funds
17		 2024
£
72,067
20,547
92,614
(25,900)		 £
911,951
66,714
978,665
-
978,665
978,665		 2023
£
-
105,966
105,966
(900)		 £
541,598
105,066
646,664
86,142
560,522
646,664

The financial statements were approved by the trustees on 29 April 2025

Mr J D Smith

SKIPTON COMMUNITY SPORTS HUB

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBER 2024

2024 2023
Notes £ £ £ £
Cash flows from operating activities
Cash generated from operations 20 259,301 646,578
Investing activities
Purchase of tangible fixed assets (370,542) (541,598)
Investment income received 822 986
Net cash used in investing activities (369,720) (540,612)
Financing activities
Proceeds from borrowings 25,000 -
Net cash generated from/(used in)
financing activities 25,000 -
Net (decrease)/increase in cash and cash
equivalents (85,419) 105,966
Cash and cash equivalents at beginning of year 105,966 -
Cash and cash equivalents at end of year 20,547 105,966

SKIPTON COMMUNITY SPORTS HUB

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

1 Accounting policies

Charity information

Skipton Community Sports Hub is Charitable Incorporated Organisation and a registered charity. As per the constitution the first trustees serve for a period of between two and four years. Thereafter, the trustees will be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.

1.1 Reporting period

[ FRS 102 3.10 An entity shall present a complete set of financial statements (including comparative information as set out in paragraph 3.14) at least annually. When the end of an entity’s reporting period changes and the annual financial statements are presented for a period longer or shorter than one year, the entity shall disclose the following: (a) that fact; (b) the reason for using a longer or shorter period; and (c) the fact that comparative amounts presented in the financial statements (including the related notes) are not entirely comparable. ]

1.2 Accounting convention

The financial statements have been prepared in accordance with the charity's [governing document], the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.3 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.4 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.5 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

SKIPTON COMMUNITY SPORTS HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

1 Accounting policies

(Continued)

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

1.6 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.7 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings Nil Plant and equipment 25% reducing balance Fixtures and fittings 25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

SKIPTON COMMUNITY SPORTS HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

1 Accounting policies

(Continued)

1.10 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

SKIPTON COMMUNITY SPORTS HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

3 Income from donations and legacies

Unrestricted
Restricted
funds
funds
2024
2024
£
£
Donations and gifts
14,284
-
Building and development
grants
-
299,558
14,284
299,558		 Total
Unrestricted
Restricted
funds
funds
2024
2023
2023
£
£
£
14,284
20,357
-
299,558
-
627,740
313,842
20,357
627,740		 Total
2023
£
20,357
627,740
648,097

4 Income from other trading activities

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Fundraising events 28,754 557
5 Income from investments
Unrestricted Unrestricted
funds funds
2024 2023
£ £
Interest receivable 822 986
6 Expenditure on raising funds
Unrestricted Unrestricted
funds funds
2024 2023
£ £
Fundraising and publicity
Staging fundraising events 3,024 -
Advertising 201 -
3,225 -
Trading costs
Support costs 6,351 2,976
Total costs 9,576 2,976

SKIPTON COMMUNITY SPORTS HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

7 Expenditure on charitable activities

Direct costs
Depreciation and impairment
Repairs and maintenance
Analysis by fund
Unrestricted funds
8
Net movement in funds
2024
£
The net movement in funds is stated after charging/(crediting):
Depreciation of owned tangible fixed assets
189		 2024
£
189
1,652
1,841
1,841
2023
£
-

9 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

10 Employees

The average monthly number of employees during the year was:

2024 2023
Number Number
Total Nil Nil

11 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

SKIPTON COMMUNITY SPORTS HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

12
Tangible fixed assets
Freehold land
and buildings
Plant and
equipment
Fixtures and
fittings
£
£
£
Cost
At 1 October 2023
541,598
-
-
Additions
309,982
756
59,804
At 30 September 2024
851,580
756
59,804
Depreciation and impairment
Depreciation charged in the year
-
189
-
At 30 September 2024
-
189
-
Carrying amount
At 30 September 2024
851,580
567
59,804
At 30 September 2023
541,598
-
-
13
Debtors
2024
Amounts falling due within one year:
£
Skipton Sports Hub Limited loan account
67,484
Prepayments and accrued income
4,583
72,067
14
Loans and overdrafts
2024
£
Loans
25,000
Payable within one year
25,000		 Total
£
541,598
370,542
912,140
189
189
911,951
541,598
2023
£
-
-
-
2023
£
-
-

SKIPTON COMMUNITY SPORTS HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

15 Creditors: amounts falling due within one year

Loans
Accruals and deferred income		 2024
£
25,000
900
25,900		 2023
£
-
900
900

16 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1
Building and
development
grants
Previous
period:
At 1		 October
2023
Incoming
resources
Transfers
At 30 September 2024
£
£
£
£
86,142
299,558
(385,700)
-
October
2022
Incoming
resources
Transfers
At 30 September 2023
£
£
£
£
-
627,740
(541,598)
86,142

17 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1
General funds
Previous period:
At 1
General funds		 October
2023
Incoming
resources
Resources
expended
Transfers
At 30
September
2024
£
£
£
£
£
560,522
43,860
(11,417)
385,700
978,665
October
2022
Incoming
resources
Resources
expended
Transfers
At 30
September
2023
£
£
£
£
£
-
21,900
(2,976)
541,598
560,522

SKIPTON COMMUNITY SPORTS HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

18 Analysis of net assets between funds

Unrestricted
Restricted
funds
funds
2024
2024
£
£
Fund balances at 30 September 2024 are represented by:
Tangible assets
911,951
-
Current assets/(liabilities)
(9,004)
75,718
902,947
75,718		 Total
2024
£
911,951
66,714
978,665
Unrestricted
Restricted
funds
funds
2023
2023
£
£
Fund balances at 30 September 2023 are represented by:
Tangible assets
541,598
-
Current assets/(liabilities)
19,824
86,142
560,522
86,142		 Total
2023
£
541,598
105,966
646,664
19
Related party transactions
There were no disclosable related party transactions during the period.
20
Cash generated from operations
Surplus for the year
Adjustments for:
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
Movements in working capital:
(Increase) in debtors
(Decrease)/increase in creditors
Cash generated from operations		 2024
£
332,001
(822)
189
(72,067)
-
259,301		 2023
£
646,664
(986
-
-
900
646,578

SKIPTON COMMUNITY SPORTS HUB

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

21 Analysis of changes in net debt
At 1 October Cash flowsAcquisitions and
At 30 September
2023 disposals 2024
£ £ £ £
Cash at bank and in hand 105,966 (85,419) - 20,547
Loans falling due within one year - - (25,000) (25,000)
105,966 (85,419) (25,000) (4,453)