TH For the
THE BRUNSWICK CLUB TRUST BOARD OF TRUSTEES N.N.Browne Hon President S.G.G.Witheridge Chairman L.E.J.Bicknell, ACIB - Hon Treasurer M.F.Dunning BEM C.E.Hancock G.Hands Lord Johnson of Lainston CBE W.J.B.Lake P.C.G.Witheridge MANAGEMENT COMMITTEE Pip Witheridge - Chairman Nick Browne - Secretary Michael Dunning BEM Tom Drew Bill Lake Jonathan Ticehurst
STAFF AND HELPERS Senior Youth Workerlclub Manager Danny Volino Bookkeeper Sue Hicks Youth Development Worker Piers Player Cleaner Eddie Speck Da Silva Part-Time Paid Youth Workers Nicola Barlon Zoe Baxter Charlie Bish Jimmy-John Corcoran Fabien Davies Chan Edutie Terome Etienne Raphael Garrell Gus Hunte Zhane Hurdle Charlie Melville Tommy Melville Nissal Merimi Hollie Myles Angela Quinn Sharon Stewart Adult Volunteers Sean Allen Jamaal Bailey Jade Buckley Tariq Kavanagh Scotl Naismith Nadia Nilforoushan Thomas Oswald Rene Pascall Daniel Read Philip Sangchin Silvia Trenti Junior Volunteers Yunus Adebola Shaun Haynes Max Mcsweeney Frankie Small Isabel Yildiz
THE BRUNSWICK CLUB TRUST Registered Charity Number: 209865 Bankers., Natwesl Bank PIC Juxon House 98 St Pauls Churchyard London EC4M 8BU CAF Bank 25 Kings Hill Avenue Kings Hill Wesl Malling Kent ME19 4TA Lloyds TSB 472c Fulham Road London SW6 1DD Auditors: Begbies 9 Bonhill Street London EC2A 4DJ
THE BRUNSWICK CLUB TRUST CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 "Let thi5 Boy5 Club be a memorial lo th8 comr8d88hip we have shared In OUT ptIvItY and181 it b8 a livlng memorlal to those of our Iri8nds who have lallen.. Major Percy Flood. Oflag 79, Brunswlck, G8rmany,1945. Th8 Brunswlck Club opened on 518 curr8nl slt8 In 1949. four years after lh8 end ol th& Second World War. 75 years later 11 Is s1111 golng strong. iernalnlng fallhlul lo Ihg vlsion of Ihose who founded il In Oflag 79, Ihe Prison ol War camp in Brunswi¢k. northern Germany, all those years Ègo. Open seven days a week, 50 weeks of the year, The Brunswid( Club offers Tegular. affordable, hlgh-quallly actlvities, opportunlll8S. 8nd 8xperl6nces lo the youth of Fulham. In 2024. over 1,380 chlldren and young p8op18 8ged 7 to 19 years look part In on8 or more ol our aGlivilies. 8ltending the Club al an average 0172 p8r day. Hlghlights of the year included.. OV8r 800 young people allendlng our 3-nSght a week Senlor Youth Club., over 300 children altending our Iwice-weekly Junior Youlh Club.. and Over 550 chlldren and young peopl8 enjoying one or more weoks of our very popular hall term 8nd sthool hollday Bcllvity schemes. Thanks to th8 Immense support we recdve Irom members. Irt8nds. nèlghbours. supporters, nallonal and local charllle5, local buslnesses, and th8 Local Authorlty, the Club remains financially Secure. We concluded 2024 with a nel In¢om8 of £25,049. our Inveslments in¢reased in value by£72.757. 8nd we still hav6 a sufficiently hlgh level of reserves to deal wllh any unexpected108388 of incotne or unavoldable Increases In exp8ndllur8. Runnlng the club lakes a lol of hard work and I would Ilke lo t8ke Ihls opportunity lo thank the outgoing Chalrman of the Managemenl Committ88. BoTls Dunnlng, lor hls outstandSng conlribulion lo The Brunswick Club and the young people of Fulham ovw Ihe pasl 55 years. l am pleased to Say he Is Sng on as a memb8r of the Commlttee and as Trustee ol the Club. I would Ilk8 to wdcome Plp Wllhgrldgg to hfs new ro18 as chalr ol Ihe Management Comm11188. and to welcome Lord Johnson of Lalnslon CBE as a Brunswck Club Trustee. Thelr knowledg6 and experience wlll be ol great benelll to the Club in the coming years. I would like lo thank Ihe olher members of th8 M8nag8m8nl Corntnillee and the Trusle8s of th8 Club for thelr dedlcaled $6rvlce In 2024. and I would liké lo thank Ihe Club Manag8r, Danny Volbno. the Senlor Youth & Development Worker, Piers Pl8yer. and the rest ol Ihe Club's enthu81astle Staff taam for Ihelr commltment and hard work throughout the yea¥. By all a¢eounts. 2024 was a Su9$S1u7 year for the club. 11 was also the lasl full yaar of work lor a sta5wart ol th& staff team, Gus Hunla. Frotn an allendee ol the Club Sn his youth in th8 1970s. to a dedi¢aled employee forover 40 years, Gus is known and fondly remembered by literally thousands of past and currant m8mb8rs of the Brunswlck. His commltmenl to the Club and to the welfara of the young people In hls charge was unparalleled. He wlll b& sorely mlssed. Gus Hunt8, 8 8runswlck Legend. 11 any ol our suppc*ters would Ilke lo v1851 the Club Sn Haldano Road, Fulharn. would b8 most welcome. Just olv8 ager 8 c811 to 8rr8nge a sullable Ilme. S G G Wilh8ridg8 Chalrman
THE BRUNSWICK CLUB TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees presenl their repori and lin8nal slatemenls for tha year ended 31 DeGembei 2024. The finBncial slalemenls have boen prepared accordance willi the accounting poliu8s s81 out in nola 1 of 11)e financial slatomcnts and crjmply wllh the charlly's Governlng document, Charilios Act 2011 and 'A¢Gounling and Repotiing by Charilios.. Slalem&nl ol Recommended PraclSce 8pplic8ble to chari118s preparing Ih8ir accounts In accoidanc8 with Financial Reporllng Standard appllcable in the UK and R8publlc of Ir81and IFRS 1021 The eharily15 a Publlc Benefit Entity es defined by FRS 102, Governing documenl The Brunswick Club Trust is a regislered ¢harily operatlng undei a Declaration of Trust dated 28 February 1945 as amended by a scheme which was sealed by the Chaiily Commlsslon for England and Wales on 14 Mdy 1997. Oljlects of the charity The objecl of th8 Club Is the provlsion ol cultural. yportlng and soc121 acli%q1188 for young people, aged from seven 10 eighleen, in a safe and friendly environment. Going concern The trustees. ieport and financi81 st91emenls have be&n pr&p2red on the going concern basis, which 8ssum8s the ebillly ol the Glub lo continue Its acliviles lor tho foreseoable fulure, being a pe0d of not les5 than Iwelve monlh8 from the approval of thFJse ac(x>unls. The Trustees continue lo monitor the financial effects of inflation, in parti¢ular Its efled on the Gosl of Ilg. The Iruslees have considered the informallon av8ilabl8 and have reasonable expectation that the Trust has ad8quale reserves and resources to continue Ifs operation81 aclivllle8 for the foroseeable fulure. Aceoydingly Ihe trustees have concluded tl)at Ih6y can conllnu6 to adopt th& going ¢on¢ern basls in proparlng the linanclal statements. Publlc beneflt In planning Ihe Club's acllvlties for the year. the Board of Irusl88s Confirm that they have given due regard the Charity ComrnlssSon's leglslallv6 and regulatory requi18tnenis lo cornply wllh Section 17 01 the Charilles Act 2011. This repcirt oullinÈs how our achlevemenls during 2024 havè b8n8fSl8d the publlc. Rpvlew of a¢tlvltles and highliyhts of 2024 Durlno 2024. lh8 Club was open seven days a week. offerlno a vartely of 8clivili8s and S8N18, includinq.. The Brunswick Senlor Youth Club- 105 lermllme sessions on Wednesdays, Fridays and Salurdays from 6.00pm to 10.00pm, allended by 835 young people aged 11 to 19 years al an 8V8rag8 of 77 session. Tho Brunswick JuJ)lor Youth Club- 70 termlime sesslons on Wednesdays and FTidays from 4,00pm lo 6.00pm, allendgd by 323 children In school years 2 10 6 al an average of 57 per se8sIon. The Brunswl¢k Senlor Club Hollday Schemes- eight weeks of 3-day 14-d8y holid3y a¢tivi¢y schemes In the hall terms and school holiday5, allended by ?82 young people 8g6cI 1110 19 y8ars al an avarage 0145 per day. The Brunswlck Junlor Club Hollday S¢hemes- elght weeks of 4-day 15-d8y holiday activity sch¢mes atlended by 299 chlldren In school years 2 10 6 at an av8rage of 60 por day. The 8runswl¢k Club Football Teams- 51x loolball ledms. from UrTrd8r 9s to Undor 15s, wllh 125+ chlldron and young pèople bonelillng Irom weekly Iralnlng sessions, weekly malchos Ifrorll Seplamber to Aprlll, weekend 5-a- sid8 comp21ilions Ilrom May lo JUWI, and two weekend resldential tournam8nls for thr88 teams in May 2024. During the ytrar. we also pldyed h08t lo Klxsldf Dr0 Ta8kwondo, the Fulham Jvnior Chess Glub, Aspire FC, Fulham Lions FC. Tlny Feel Sports. Samba Soccer SLhouls, and the CDA Fenclng Club- all of whom provlded r&oular sessitsns lor children and young pèople in Ihelr respeclive fields.
THE BRUNSWICK CLUB TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Plans for the futuro Our plan% lor 2025 are lo continu¢ providlng a hlgh-quallty programme ol on-sile and off-slle activities and opportunities for the chlldren and young people of Fulham. R&crultment 81ectlon of trustee5 Trustees are appointed or re-appointed annualbj al Ihe AnnuA5 G8ner81 Meeling. N8w (fuslees are briefed on Ih8ir legal obligations under Charity L8w and the CharEty Commlsslon guldance on public benelil. Trustees The Iruslo8s who satved during Ihe yearwere.. SGG Willieridge Ichairiranl LEJ Bicknell, ACIB ITreasurerl NN 8rowne (Presidenll MF Dunnlng BEM CE Hancock G Hands Lord Johnson of L8lnslon CBE WJB Lake PCG Witheridge IAppolnted 18 March 20241 Flnan¢lal Review and Pollcy on ResoW8S The Slal8m8nl of Financial Aclivlties for tha y8ar to 31 Dec8mber 2(J24 qhows a nel incom8 of £25,049 Ibefor8 n91 Investment galn of £72,757), compared to net income of £43,2 for 2023 {bBfore net Investtnènt uain of £45,372). Nole IS shows the movement in all the Trust's funds in the year and 9lves an 8xplanalion of the naturè and purposes ol each fund. The balance ol lolal unreslrlcléjd fundb Eil the yoar end wa5 £1,066.19912023.. £970.5951 and Ihat of restrlcted funds was £18,42212023.' £16,220). During the ye8r £40,755 was Iransferred from deslgnaled unrestrlcled funds general fund and expended on the building mBlntenanc8. In the trustees, vlew. the re8eNes shoulfs provide Ihe Club adequale IlnanLlal slablllly and the msans lor11 lo meet it8 chaiilable objectives for the lor8seeBbla luluro, Of the £1,066,199 held in unr8Stricled funds, F326,926 Iraisod in capital appo.als sSnee 19451 and £175.627 Idesignatecl as 8131 December 20241 has beon @arrnark8d lor future capltal exp9ndiiure un bulldlngs, vehiGles arid equlpmenl., £563,6461s equivalent to nSnele2n months, runnlng costs and h&ld lo cover management, administratSon and support cos15 In th8 evenl of unexp8cled loss of In¢om8 streams. The trustees have a policy pertaining lo thelr portfolio of inve5tmenls. This is managed in a conserv81ive fashion botween Invests'ng for long term capital growlh and providing a reasonable Income for th8 Club. R858tv6s and Inveslm&nl8 are rev18W8d Dn a qu8rt8dy basis by the trustees.
THE BRUNSWICK CLUB TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Rlsk statement The major rlsks to which the Club Is exposed. as Idenllfied by Ihe tru8168s. have begn revi8wed and systems or procedures hav8 b8en eslablished lo manage those rlsks. Our volunteers All the tru8tee8 donate thelr seNlces wilhout chaTae. The charity often also relies on the contrlbullon ol unpald general volunteers in ¢arrylng out Its aclivlUes. Duilng any oiven year. 8-12 adull volunle8rs give approxlmalely 1,000 hours of their lim8 and 15-20 junior volunleers Imetnbeis of our S8nior Club ag8d 15-18 yearsl glvg 8pproxim8tely 1,500 hours of their lime. Volunleerlng Includes, but is r1 limited lo, assisting slalf iii the supervision ol younger children on 8Ctlville5. driwng one of the minibus88, running the line 81 football malches and helping organise evenis. The trustees have considere(S th8 specific provi81on$ regardlng Ihe valualion of donated Ilems and 8etvic8s and concluded that placlng a monetary valuè on Ihglr wntrlbullon woukl not bg posslbl8 or 8ppropri818. On behalf of thè tru8t88S SGG Witheridge Chalmi
THE BRUNSWICK CLUB TRUST INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 I report lo the Iruslees gn my axamlnatlon of Ihg flnanclal slalèmenls ol The Brunswek Club Trust lor the year ended 31 Deoember 2024 on paggs 9 10 19. These financial slalements have been prepared in accordance wlth the accounting polleles get out therein. This report is made solely lo Ihe trustees in accordènce with Sections 144-147 and 151-155 of Ihè Charllies Act 2011. My work has been undertaken so that I might slate lo the trustees thoso rralters l am required lo state to them in an Independent Examiner's Report and lor no other purpose. To Ihe fullest exl8nt permllted by Saw. I do not accept or assume responslbility lo anyone olher Ihan th8 charity and the charity's Iruslees for my ox8mlnatlon work. Rèsponslbllltles and basls of report As the charity's Iruslees, you are responsible for the preparation ol the financial slalemonls in aceordance wlh tha requirements ol th8 Charities Act 20111.the ACV'I. I reporl in respect of my examination of the Trust's Bccounls carri8d out under section 145 01 the 2011 A¢1 and In earrying out my examlnatlon. I have followad Ihe applleable Direction5 glvèn by the Charity Commlssion und8r section 14515llbl of th8 Act. The charflls gross income exceeded £250,000 and l am qualified lo undertake the examlnallon by belng a qualified member ol The Inslilule ol Chartered AcLounlanls in England & Wales. Independent examlnerfs statemerbt I have completed my exarninallon. I conflrm that no rnaleri81 matters havg ¢om8 to tny atlenlion in ¢onne¢lion wllh the examinatiw whSch gives me causa to belleve that in any m818rial respect.. the aeeounling recordg wera not kepl in 2ccordance with 5eclion 130 of the Charities Act., or the finanal slalemenls did not accord wilh the accounting record5'. or the financial sla16ments did not comply with the applicable r8quirernen£s conceming the form and content of nanclal slalements Set out in the Charilles (Accounts and Rewrtsl Reoulations 2008 other than any requirement that the accounts glve a 'lrue and fair. vi8w which Is not a maller consldered as part of an Independent examinallon. I have no concerns and have come a¢ross no other mallers In conneclSon with the ex8mSnalSon to which all¢ntlon should be drawn In Ihls report in ordgr 10 8nable a proper understanding of the financial slalements to be r8aGhed. oLr Chrlstopher Batès IFCAI 17 Seplember 2025 B8gbles Chart•r8d Aocountanls 9 Bonhlll Street London
THE BRUNSWICK CLUB TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestrlcted funds R8stricted luiids Total 2024 Tot81 2023 NotÈs INCOME AND ENDOWMENTS FROM.. Donatlons and logaclgs Doiiallons Members, subscriptions New Generation Givlng 23,360 40,960 2,934 23,360 40.960 2,934 26,114 38,080 3,040 Charltable a¢tlvltle6 Club actlvlli8s and trips Granls dnd s8rvlce levgl agr8&manl for youlh work othÈr tradlng acllvities Letlings and pilch hire Vendln9 machlnes 12,060 12,060 22,440 159,282 159.282 131.810 97,198 10,882 97.198 10.882 102.834 6,545 Investments 19,524 19,,524 18,435 Ttstal Income 206,918 159,282 366,200 349,298 EXPENDITVRE ON.. Raising lunds Fundralslng and publicity Charltable actlvltles Club aCvIllaS and trlps Othoi Lellings and plloh hlre Vendlng machin88 13,797 13,797 18,557 139,768 151,883 291,649 266,073 27.664 2,844 184.071 5,197 32,861 2.844 341.151 17,695 3,071 305,396 Total expendltura 6 157.080 Net incttming/loJlgoingl re50ur¢es before tr8nsfer8 22,847 2,202 25,049 43,902 Transfer5 Gmss Iransf8r between funds Met in¢tsmellexpenditurel for the yÈar 22,847 2.202 25,049 43,902 Other recognlsed galnslllossÈsl'. Re811sed galnslllossesl on investments Unreali5ed gan$1(10$sesI on inveslm&nls 8,105 64.652 8.105 64,652 37.086 8,286 Net movernent in fund5 Tolal funds brought forward 95,604 970,595 2,202 1fl,220 97.806 986,815 89,274 897,541 Tol81 funds c8rri8d forward 14 1,066,1g9 18,422 1,084.621 986.815
THE BRUNSWICK CLUB TRUST STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2024 2024 2023 Not85 Flxed assets: TangitAe a55ets Inveslm8nls 82.186 763.379 82,451 698.100 Tot81 flxed assels 845.565 780.551 Curient a$sets: Debtors Cash al bank and In hand 10 24,542 232,289 10,862 245,532 Tol81 current assets 256.831 256.394 Cr8ditor5'. Atnounts falling du8 Within one year 11 17.775 50.130 Nel curr8nl assals 239,056 206.264 Total assets 1055 curront Ilabllltles 44 1.084,621 986,815 The fund$ of the chartty: Restrlcted funds 15 18.422 16,220 Unrestrl¢tèd funds General fund D&8lgnaled funds 563.646 502,553 427,287 543,308 15 1.066,1g9 970.595 Total charity funds 1,084,621 988.815 For the Ilnanclal year 8nded 31 Dec8mb8r 2024 the ¢harlly was enlllled 10 8xemplion from audit and an 8udil has not b88n reque$l8d by Ih8 trustees lor Ihe year in ouestlon. The Irust88s a¢knowledge Ih8lr r8SPOn5ibililies for ensudng Ihal the charlly keeps accounting e0rd$ whlch comply vrilh lh8 requirernents of Ihe Charilias Act 20111.lhe Acl") and for pr8P8ring flnanclal stslements whlch glve a true and fair of th8 State of affalrs ol the charfly 85 at Ihe end of lh8 flnanclal year and ol Ils IncomSng Tes(¥Jrces and 8pplkallon of r8sourc88. Indudlng Ils Income and expend1ture, for th8 financial year In a¢¢ord8nc8 with th8 requirements ol the Act. Th& financlal statenIS were apKwoved by the board of trust868 and aulhcdsed fly Issu8 on are sloned on Its behalf by.. rf. k I• and SGG Wltherldge Trustee LEJ Bicknell Tru6ts0 Charlly Reglstration Nts.: 209865 10
THE BRUNSWICK CLUB TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 A¢¢ountlng pollcles Charlly Informatlon The Brunswd( ClubTrusl Is an uDlncoTporaled charily. Ils placa of btsslnÈss 1$ 34 H9k1è Rd, FulhHtn, London SW6 7EV. 1.1 A¢Gounling convention The finantldl staiomÈnis havo baen prèparéd In atcordarKa wth FRS 102"The Flnanci81 R8porling Slandard appllc8ble lfi lh& UK end Republlc ol Ireland" I'FRS 102.1, IhB Charilies AGI 2e11 8nd"A(oI]N11ng and Reportiiig hy fhsrilies" Ihe Sialemenl ol Recomrnended Piactica for charllies pr8parino Ihelr acmunis in gccordBnce wilh the Finanogl Reporting SIBndaTd applicatAa In the UK 8nd Republlc of IrBIBn(I Icharllles SORPI.. Tho financlal slaiemenls are piepared ill sleFling, vthlch Ihe I110nal currency ol lh8 company. Monalary amounls In Ihèse fln8nclal £lattmÉnts aré rnd&d to IhG ne8restE. The ch8rily meels the deflnillon ol a publlc benefil eniiiy under FRS102. ABsets 8nd Ii8LMlities are Inillalty recognised al hi8loric81 coslor IransacIn volue unless olheNryse si¥led In Ihtr r61evanl aGtAiuniing policynotes. The hnanclal 818meI8 have begn prepared on Ihe historical co81 convenllon ex¢epl for lh8 modlflcellon to a lalr valu8 hasis for (trtaln financlal Insltum6nl$ as specifled In Ih@ èccounling po51cles below. 1.2 Golng concern The Iiuslees have prapared fin¥nLlal SI8Men15 on the golng concarn basls, whleh Bssumès the ablllly of lh9 Club lo niinuè 115 acti1185 for thè foreseeable future. being a period of nol l•ss than Iw81v8 monlhs fiotn the approval ol these accounts. .3 Incorne Inm@ Is rÈetynlsÉd vthen the tharity has enlillemenl lo the fund8, any performence cnndlllons &118ched to the Itèms of incotne havo baon rnBI,11 is probable that the Incotne will ba r£c8ived and Ihe amounl cgn be measured rellably. Cash donallons are r6cognl8ed on recelpl. Other donalbns are recogfj15p.d onr.È Ihe ch8rity hes been nollfled ol th$ don81ion, unlass pgrf¢xmanco condllloiis r8qulr6 Oelèrral ollha ainounl. hcom9 lax recoveratAe I ielalion io donalions recawed undar Gill Akf ordegds of covenant Is recogDlsed al the Ilmo of Ihe dona110n. 1.4 Grants and legacles accou#tlng In accordance thrylh Charllle$ SORP. grants and legacies gre only be recog)ised when all the followng oriieri8 are mal.. Enllllemenl- conlr¢Jl tsver tha rfghts orother access lo Lhe economic bDnelil h35 passed lo the charily. Plobabillly-income is recognised when there is 8uffielenl ¢6rtahlyof r6c8lpl- r6t•lpl Is molè Ilkèlyihan noL K4easur8menl- the monelaryvBlue or 8rnounl oflhe Income Can be measured rdk8bly.
THE BRUNSWICK CLUB TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 .5 Donated Eervlco$ and faollltlfys Donal8d prole8onl .%e.NirTr.s and donaled fatllllles are recognk8ed as inwme when the charlly has control ovar Iha Ilem. any condlllons a0claI• wlih ihs dDndled ilem have begn mal, the receipl of economlc b&n&fil from Ihp use by Uie Gharily DI Ihe Ilern is probable ani5 th81 e¢onotNIG bonofitc&n bc mesJ8ured rellgtrfy. On receipt. donalftd professlonal se.rvicp.$ end donal latlllllas 8r8 rewgnlsod on the beyls of Iho valuo ol the glfl io ihe ¢harily vthichls lh8 amounl ihe ¢h¥rlly would have been ryllIng lo pay lo oblaiii ¥er¢ic.es or facililies of equlv81enl econoKnic benefit on the open mafft81', 8 corre8pondlng amounl b than recognlsed Sn exp&ndllure In the ptrrlod of recelpl. aceordanca ThIh Ihe Chailties SORP 2nd FR$ 102, Ihe economlc cnnlrlbuiion of geneial vdunleers Is not rocofjnised in the lin8ncl81 sl8lemen15. The ImsleÈs' Report delails the ro18 playèd by oÉn6ral volunteers and Ihe nalurÈ of Ih8lr conlrlbulion io ihe charlty. 1.6 Expenditure Expendilure Is recojnlsed once there Is a legal or conslruct4ve obligallon lo make 3 p8ym8nt to 8 ihlrd paty. 11 Is probgblé Ih81 settlement will b8 r&qulred and Ihe amount of the obllgallon be measured rÈllatAy. Expendllure is classified under Ihe follortg aclivily headings.. Cosis of ralslng funds compris8 lh8 costs 8ssodaled wlh aliracbng voluntary Income and Ihe rts)5ts ol Irtdlng fundraising purposes. the1rassoat8d support costs. Expenditure on charilabla acllirylles Compr1.P those costs Incuircd bylhe L*8rltyln Ihg dellvèryof Its 8clbvllles and serv15 for116 bsn81iciarles. 11 Includ•8 both costs Ihal can bè allocated direclly io SUGh aclivities and those costs of an indlrotl natur6 nac8ssarylo suppori Ihern. Other eXTraIlure rewesen15 t$¢ Iiems not lallir4J into anyolher he4dlng. Irretoverable VAT IB charged Bs a thsl agalnsl the 8cUvliyfDrwhlch thè 8xpendllurg wa81nGurr8d. 1.7 Allocallon of support ce$ts Support costs are Ihose funGllons Ihat asBISI th6 thM)rk of the chgthty bul dD not dlradTry und8rtake chaTil8ble aCt[lIeS. Swpjrt cA)sis Includè oifice costs. fallGe, PBrsonTr81, p8yroll and governanc8 costs which siipport the Trusl's aclivillts. These costs have b&8n alloted bgNYeen cost of ralsSng furKJs and expendiiure on d)arbb1 a¢llvlUeg. The bases ijn which suptx)rf costs hawj bean 8110¢21p.d are s81 out In note 6. 1.8 Tanoible flxed 8s8ets and depreclatlon Tangiblg flxed 35s£ls are illlllally m¢asured 01 c05t and sub88qLienlly Measured atcosl orvaluabon, n81 ol dotKeclaihn and any impslrynoni losses. Fieehold propertyththich 18 for GhErllab16 and inve81menl PUlPD8eS is noidepreclaled. DÈpre¢ldllon an olhar assets a recognlsRd $0 8s lo wrile orf the cost less Ihelr resldual values overlhdrus8ful IIv88 and wrltie off over 3 years. 1.9 Flyed ass81 Invè&lm6nt Inv8slmenls held as fixed assets ara ravaluèd al mld4narkel valua ai the balance sh881 dale in order Io COTDply with lh8 requlremÈnls of U)e FRSIQ2. Reallsed and unreaK$ed gains and losses Shown s6par8lely In the apwoprfait 8ècl1r of lh6 SIBièmÈntof Financial AelIlIeS. 1.10 Debtors Trade 2nd other debtors ar$ recagnised al the s811I8mpnl amounl due gfler any Iréd8 ISISunl offered. Pr6Pgymenl$ orè vakJ8d 81 th8 8tnounl pr6pald nel of anyliade discounts dua. 1.11 Cash al bank and hand ¢a6h al b8nk cash In hand Indudes cash and short ierm Nghlyllquld Inv¢simenls. 12
THE BRUNSWICK CLUB TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1.12 Crèdltors and provl&lons Crédllow and prowsions Are racoonigad Wha charity has a prèsent obgatIOn resulllng Ir 8 past event Ihai will yobably r85uII in Ihe Iransfor ol lunds lo a Ihlrd parly and Ihe dmounl due lo sellle Ihe vbllgali¢in c8n be measuTcd or o5btnaled rellably. Gr110[$ and pmvlskjns are normdlly recognised al Iheirselllemenl amount aller allo119 for 8ny Iiade dlsGounis duB. The charity only lias linancl81 asseis and findnci&I liabill1S of a kind Ihal qualify as basic financial inslrumenls. B3G finonoal In5trunienls, Kthlch InGludB Itad8 and other recelvablt6 And caÈh and bank balances, 8r8 inlually reeognlsed at Iran5acllon Wdlue and subsequenllymeasiirèd al Ihftlr 5alU6menl v8lut. 1.14 Fund 8¢countlng Unre51ricled funds comprise ac¢umulalp.d surpluses on Ihe gsneral funds and designated funds. Oesign&led fundg 8re vmouDis whlch h8ve been pui out of unrèsldcitd funds al lh8 dlscrollon of Ihg trustees. Gen9ral unreslricled fund5 repres8nl unresiricled Incotne Mthich Is expendable al lh8 dlscrelion of Ihe Iruslees in furth8raDc£ of the of Ihè tha[y. Resiricled funds repT9sènl grants and dfftallons torspbdflc purposès th1¢h 8r• th8r8f¢r8 not avall8ble for ofher purposes. 1.15 Crlllcal aetounllng Èstlmates and ludgemenfs In Ihe applicalion of Ihe chaiily's aceounllng poli¢185, the Irus188S die requlred lo m¥ke ludgemenls. eslimaies and asSUTnplims about iho trarwng amounl ofassÈts 2nd liabi1115os Ihal aro notroadlly apparent frorn alher sourees. Th8 esllmai8s Ènd a860dalod IISSLirnpllons are bèsed on hlslorical expeiience 8nd other fHclnr% Ihal are considered lo be rttlèvant. Aclu8116svlls may differ from Ihgs8 8slim8188. The eslimales and underlyiiwJ assumption5 are reviewed Dn an on9olng baslÈ. Revisbns Io 8c¢ounling eslirnales ar8 reGognised In Ihe puriod In 111¢ Ihe t81imala Is ravlsed vtharo Ihe revlslon alfg¢ts only Ihal per¥)d, or ID the period of the revision and fuiurè p?rlods 4)ere the re&n affects bolh cvrrenl and fuliire peri(xJ9. 13
THE BRUNSWICK CLUB TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Graht8 and strvl¢e level agreementfor youth work Unrestrlcled Reslrl¢t8d funds funds Total 2024 Total 2023 L.B. H3mrnersmllh & Fulham under setvice lev81 a9reemenls for.. Cotnmunlly-based YoJlh 8nd Senior ProvlÈlon Brunswl¢k Junv)rs LBHF.. ¢osl of living uplift 83,770 37,852 33,770 37,1152 26,127 36,313 1.330 Granis receivable for Gharll8ble aetivilies.. -J8Gk Petch8y Foundatlon -John Lyon's Charily - Thè H Steven and P E Wood Charllable Trusl - Th• Co-op Local CoTntnulllly Fund - W85tra3e & Parlners - Meyh8w Charilabl2 Trust - John Lawls pht - Addlson Youth London Youth Granl 2.700 50,000 2.700 50,000 3,660 1.oon 1,463 19,916 2,000 1.000 I,ooo 12,000 9,000 12,LK)O 9,WO 3,000 Hollday sehame Irips Dr Edwards & Blshop Klng's Fulham Charfty John Lyon's Charfly Isrhool Holld8y Activity Fund) - The Da16yTruÈi - Addlson Youth - The H Sltsvttn & P E Wood CharilaN8 Trusl EarlE Courtctsnmunlly Fund 4,960 5.000 2,000 4,960 s,0 2,000 4,800 5,0(KJ 15,000 1,000 1.000 io,o(K) 159.282 159,282 131,810 Investment Incomg Unr8$lrl¢ted gener81 fund UnreslrlGl&d Reslrisled dÈ8ignatèts fund fund Totdl 2024 Total 2023 DIdendS from11sled Inveslmenls Intereyl on bank de$liS 14,212 23 14,212 5,312 13.447 5,289 14.235 5,289 1g.524 18,495 14
THE BRUNSWICK CLUB TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 t in¢trmellgxpfjndllurpl for the year 2024 2023 Thiq is.4lalp.d aflercliHrging', Psyment io Ihe accounlan15 for.. IndepgDdenl exqminallon Accaunlancy serwces 2,975 2.500 2,740 2.300 6,475 6,Q40 Analysis of governance and support Gosls Th8 Ghdrlly apportlons ils sUPPOrt costs and 9overn8ncg casis baiwegn lh8 kay £cllwlies underiakeTr in Ihe year on a basls CDDslsl8ni knrylh th6 use of tha resources Including alk)c8llng plOYeeS costs by the tITlle spent and othèr costÉ by tt)8lr usag8. Thb iable b&lowshrrw8 lh6 ba818 for apportionmenl and the an315Ei8 of.8upporl and governanc.a costs. Rgi5ing funds LÈtlingsl pltch hlre Club other Total 2024 Total 2023 Cosfs dlfreGfiyaltslbulabl¥ tu ¥cllvlll&s.' Club activ41i8S Holid#y% grKI Irips VeDdlng machlnes Building relurbishm8nl Support cosis. Staff Gi>sIE Gas and elaclTlcSly Goner818nd waterraleB Cle.aniThJ & hygIee Tebphone Bulldlng melntenance Insurance Yovlhwork equipment Posl8ge and stEllon8ry Camputer wDnlng cosls Accountancy and bDokk8eping DoprÈtlallon ol fixBd atssel8 Bank and other char08S Sundr16S Gov8m&n¢$ costs." Independent examinarfs fee Legal and proles51onal fees 47.985 3fj,169 47,985 31.169 2,844 40,255 42.649 3,071 2,844 8.647 1,973 616 2.447 50,488 11,927 2,193 2,447 404 15.80 8,718 1.415 2,139 2.177 2.710 265 11741 1,327 172,932 13,900 2.809 4,804 409 31.599 10,897 2,&30 2,209 2,187 2,710 167,517 12.713 2.782 5.314 420 5.347 5.941 177 2,098 2.595 f,350 265 281 2.605 15.800 2,179 7Q 10 1.327 6.475 5.184 5,476 5,184 5,040 4,976 13,797 32,862 291,649 2,844 241,151 305,396 Ralslng funds Letllngsl Club Other Total 2024 Total 2023 Apportloned b&lween'. Unr¢slrlclod fundg Reslricled funds 13.707 27,664 5,1SII 139,766 151,883 2,844 184.071 157,080 175,165 130,231 13,797 32.862 291,649 2,844 341,151 305,396 15
THE BRUNSWICK CLUB TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 axallo The Brun5Ck Clijb Trusl Is 8 regislered charity 8nd does nol Ir8de lor 18x purpDS85.11 is not llab18 lo corporallon tax on Ils n61 Incomlng iesourcgs. Flx¢d os$6ls Freehold propBrty & Improve. ments equlp-ment Flxlures, Motor vehlcles Footljtrll pltch Total ¢ost Al 1 Janu8ry 2024 and 31 t)eeernber 2024 Addllions 92,194 84,617 27,309 64,377 468.697 At 31 December2024 92.194 84,817 27,309 64,377 488,697 D¢pr8clallon Al 1 January2024 and 31 December2024 Chdrge for the ye.ar On Dlsposals 10,142 84,418 265 27,309 64.377 388,246 265 Al 31 Decernb8r2024 10.142 4.683 27.309 64,377 386.511 Carryliig aiiiount Al 31 Detember2024 82.052 82,186 Al 31 December2023 82,052 399 82,451 Flxed as$8t Investments 2024 2023 Llsled Inveslmenis.. Fked Inleregl 141.831 621.548 90.609 607,491 MethetV&tr 763,379 698.100 Hisloriccosl 584,31d 583,686 io Dèbtors 2024 2023 Prepayments Olherdebtor8 4,171 20,371 4.142 6,720 24,542 10.862
THE BRUNSWICK CLUB TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Credllors.. amoun¢s falllng due wl¢hln one ye8r 2024 2023 Accru818 Defred Income 8.220 9,SS5 17,775 7.173 42,957 50,130 12 Trust8es' &xpon$6s and tran8a¢llons Non8 Of the Iw8lees lor any persons connecled thnI reiVed any re.muneralb)n Or reimbursement of exponses durlng the y2ar12023.. NIII. Ouring IheyeaT. Ihe Iiuslees made donalbns lolalling £48012023.. £4801. 13 EmployÈ69 The 8V9rage numberol emJoy8es during the yearwas,. 2024 2023 Youlhwoik- lull-UmÈ Youlhwork- part4ime Svpport slaft. part-llme 12 Employnient costs 2024 2023 Waues and sa18rles Soclal secvhly COBts Penslon cos15 159.976 6.663 6.293 6,218 5.737 172,932 167,517 Therè wer8 no fyrnpl¢)yee5vth054 8nnu81 emdumenls wer8 £60.000 or moré. 14 Analys1$ of nél asséts b8tw&Èn funds Unrestrlcled Re5trlcted fund fund 2024 Total 2023 Totbl Flxed assets Investmen15 Current d6$01s Creditors.. amounts falling due within one year 82,186 763,.379 22fj,596 15,9621 82,186 763,379 25e,8yi 117,7751 82,451 698.100 256,394 150,1301 30,235 1,066,199 18,422 1,084,621 998.815 17
THE BRUNSWICK CLUB TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 15 Movement in funds Asatl Jan 2024 Incoinlng resourctss OLltgoiMg Trasfer roÈour¢ts bètweèn funds Asat31 ec 202Jl rost cted lunds Gènaral fLnd 427,286 279,67S 1184,0711 40,755 563,645 Doslgn8t¢d funds Canlrlbuuons ID Ollag 79 DonBlionB Legacy Sh&re of 1947 Nailanal Appèal 1971 Appeal 1989 App$al Donallons- The Founda11 forSpOrt8r the Arts 13,263 17,284 10.000 22,979 25.822 96.484 so.000 20,646 40.000 30.44B 216,382 13.263 17,284 10,000 22,979 25.822 96.484 20.646 40,000 30,448 175,627 Dulverton Trust Endowmeni Solh Annlvètsaryapp8al fund Bulldlng refurbishmenl lund 140,7551 Totsl unfft&lrfcledlunds 970,595 279,675 If84,0711 1,066,199 Reglrlcled funds LB H&1= Provi%ion of y1h StTvices Biunbwick Junlo Club actfvilies HolSday scheme and Irlps 3J,17 37,852 74,Y(M) 12,960 121,2701 137,8521 180,2481 12bl)O 6.0 10,000 672 5,250 To181r6s1FIGl6d funds 16.220 fjSg,282 1157,0801 18.422 986.850 43e,957 1,064,621 18