CAMBRIDGESHIRE ARTISTIC ROLLER SKATING CLUB UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 AUGUST 2025 Whitings LLP Chartered Accountants George Court Bartholemews Walk Ely Cambridgeshire CB7 4JW CAMBRIDGESHIRE ARTISTIC ROLLER SKATING CLUB BUSINESS INFORMATION Trustees Mrs D King Mr Chrirtopher Farrier Mrs Zoe King Independent Examiner Whilings LLP George Court Barthoimews Walk Ely CB7 4MY Registered Charity Numbèr 1199768 CAMBRIDGESHIRE AKfisTIC ROLLER SKATING CLUB CONTENTS IndeFendent examinerfs ￿port Profit and loss account BalarKe sheet Accounting policie5 Cambridgeshire Artistic Roller Skating Club Independent Ex#miner's Re￿rI to ih¢ Trustees To the Trustees of Cambridgeshire Artistie Roller Skating Club I report tp ihe trustees on m!. examinaiion of ihe financial stslements of Cambridg¢shire Artistic Roller Skaing Club for thc J'ear ended 3 August 2025 Responsibilities and Basis ofR¢port As the Trustees of the charity you arc rcsponsible for the prepardtion of the 3¢¢0unts in ac¢ordan¢e with the requirements of the Chariues.4ct ?01 I I report in respeci of the examinalion of Ihe ¢hariiy's accounts carried out under section 145 of the 2011 Act and in ca￿.]rtg out my cxatninaiion. I have follo￿,ed all the applicable Directions given bv the Charity Commission under Scciion 145{5) (b) of the 201 l Act Independent Examiner's Statement I have completed my examination. I can confirnj that no maners have cotne io tn). attention in connection with the examination giving me cause to believe that in any material respect= (l) accounting records were not kept in respect of the chartty as required by section 130 of the 201 l Act.. or (2) the accounts do noi accord ￿'1th these records (3) the aLcounts do not compl! ￿'1th rhc applicable requirements concerning the fomi and content of accounts set out in the Charities {Accounis and Repo￿} Regulations 2008 other than any requirement thal the accounts give a'true and fairf view wthich is not a matter Considered as part ofof an independeni examination. I have no concerns and have come across no oiher matters in connection with the examination to which attention should be d￿d￿￿ in this reFM)rt other than to enable a proper understatLding of the aeeoiints to be reached. Dat IGCPipe FCA Independent Examiner Partner WHITtNGS I.I,P Chartered Accountants & Business Advisers CAMBRIDGESHIRE ARTISTIC ROLLER SKATING CLUB PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 3 AUGUST 2025 2025 2024 Turnover Sales - Grades, Impmvers. Fun Skates and Skate Hire Sales - Club uniforrns Sales - Skates Sales - Badges, Bwks and Certificates Competition Fees Received Competition Passes - Fees receivèd Inter-club Competition incorne Intemational comptrtition fees r￿e1Vered GBSAPAembership fees received GBSA Test fee5 received GBSA miscellaneous fees CARSC Il*mbership Fees Re(eived Trainlng days Test day expenses received Other income Bank interest received Grants received 19,402 17,906 30 1,333 247 3,151 408 1,280 704 509 170 2.639 551 570 180 323 773 120 281 272 463 25 5,C4)0 55 750 28,556 30.024 C05t of sale5 Badges, books and certificates Club dress material Skates Tight5 Closing stock of finished g(x)ds 175 57 52 641 63 13711 14451 11,0611 Gr05s profit 28,111 28,%3 CAMBRIDGESHIRE ARTISTIC ROLLER SKATING CLUB PROFIT AND LOSS ACCOUNT (CONTINUED) FOR THE YEAR ENDED 3 AUGUST 2025 2025 2024 Administrative expenses Flwr hire Travelling Hotel and accorrKidatioin Subsistence Priniting Postage and carriage offi￿ stationery ItTtemet charge5 Website charyes Music cutting expenses Computer and software Legal and compliance Competltion fees Intemational competition fees GBSA membership fees GBSA affiliatlon fees GB5A pins GBSA test fee5 GBSA miscellaneous fees Miscellaneous cornpetition expenses Insurance com￿tition passes General expenses Miscellaneous events expenses Test day expenses Club uniforrn costs Training cost5 Charity and gifts L Jack50n funskates Accountancy Depreciation - Skate assets Dep￿lation - mi5celianeous assets Depreciation - Wheels and skate parts 15.076 7(J) 2.199 93 116 14,998 1,627 451 42 59 25 18 58 244 238 20 289 167 174 245 2.839 25 3,511 826 612 75 25 155 48 Z16 251 495 343 232 357 590 75 140 50 30 117 215 660 73 242 25 30 1,389 226 1.375 212 335 743 756 496 114 114 130,6801 126,2081 Operatlng Iloss)Iprofit 12,5691 2.755 � � � � � � � CAMBRIDGESHIRE ARTISTIC ROLLER SKATING CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 AUGUST 2025 Accounting policies The principal accounting kx)licie5 applied a￿ as follows. 1.1 Basls of preparation The financial information 15 cornpiled on an agreed accounting basis that enables profit5 to be calculated such as to meet the requirements of Section 25 of the Income Tax (Trading and Other Incornel Act 2005, and probides sufficient and relevant information ro enable the completion of a tax return. The financlal staternents have been prepared in accordance with the recognitKJn and Th￿aSure￿￿nt princlples of UK GAAP - FRS 102 lother than the following departures ￿lCh are reutral for income tax purposes: Freehold properties are Th)t depreciated Investment propertTes a￿ carried as historical c05t and are ftot depreciated Investrnent property comwnents of freehold property have not been separately accounted for are Iherefore carried as a complete asset The investment p)rtfolio has t￿en has been accounted for ai historical cost, net of any impairment losses, rather than at fair value FIna￿ing transactions, such as interest free loans to or fmm related partie5 have not been discounted to net present valuel. esentatlon and disclowre requirements of FRS 102 haNe rM)t trEen followed as these are not ￿levant to Ihe sole trader. 1.2 Turnovtr Tumover is recognised at the fair Wdlve of the consideration received or ￿e1vable for goods and servTces provided in the normal course of business, and is shown net of VAT and other Sales related taxe5. The fair value of cOn￿deratIon takes into account trade dixounts, Seillen￿nt discounts and Yolurne rebate5. When cash inflow5 are deferred and represent a financing arrangement, the fair value of the consideration is the present Val￿ of the future receipts. The difference ￿tween the fair value of the consideration and the nominal arnO￿t received 15 recognised as Inte￿tt incc￿e. ReveTrue from the sale of goods is recognised when the SI￿7f1Cant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be rneasured relÉably, it is probatile thai the economic benefits assiKiated with the transaction will flow to the entity and the costs inCUr￿d or to t* in(urreil in respect of the transaction can be measU￿d reliably. Revellue from contracts for the pmvision of professional seryices is recognised by reference to the stage of cornpletion when stage of completion. Costs incurred aThJ costs to complete can be estimated reliably. The stage of cotnpletion 15 calculated by cornparing costs incur￿d, mainly in relation to contractual hourly staff rates and materia15, as a prowrtion of total costs. whe￿ the outcome cannot be estimated reliably, revenue is recognised orhly to the extent of the expenses ￿cOgnised that are recoverable. 1.3 Tangible fixed assets Tanqible fixed assets a￿ initially measured at cost and subsequently measured at cost r*t of depreciatio and any impaimEnt losses. Dep￿latIon is recognised so as to write off the cost or valuation of assets Le5S their residual values over their u*fuL live5 on the following bases: Skate a55ets Other asset5 Wheels and Skate parts 8 year5 8 years 3 years CAMBRIDGESHIRE ARTISTIC ROLLER SKATING CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 3 AUGUST 2025 Accountin8 policies (Continuedl The gain or to￿ arisiftg on the disFM)sal of an asset is determined as the difference ￿tween the sate pr(Keeds and the carwng valL* of the asset, and is credited or charged io profit or 1055.