Chdrily JEgistiBtion nuinbei.: 223174 Grindleton Recreation Ground Charity Annual Report and Financial Statements for the Year Ended 30 Septeinber 2024
Gi'indleton Reci'eation Groiind Charity Coiitents Referencc and Adiniiiisti?tive Dctails Trustees, Repoi% 2105 IMd¢pendent ExamillcFs Report St£tein¢nt of Financial Activities Balance Sheet Notcs to tlie financial Statements 9t0 18
Grindleton Recreation Ground Cliarity Reference and Administrative Details Tru8tees Mr J Halley. Chief Executive Mr D Wood Mrs D Eatough DJ. A FIu50n Mr M CIDssland. Se¢Tetary Mr J Tliom%on Mt D Riley Mr P RayWd . G Wheelcj. (appointed 19 hTovembei" 20241 MTS C. Argyle lappointcd 19 Novembei" 20241 Mrs J Rawkn115 Mi'.% D Ryan {appointed 19 Novcmber 2024) Prlnelpal Office Higlicliife IlaTn Lowci. Cliai)el l.aiie Grirtdleion BB7 4RN Cliai'ity Registrxtlon N'umber 223174 Indepelldet xamlnev Beever and Struihers Tlie Beelitve Lions Di'ive Blackbiirn Lan¢asliir¢ BBI 2QS Pag¢ I
CTI'iI)dleton Ileci-eation GrouIid Cliarity Trusteeq, Report The tSteeS present their annllal repoj'l logethei- wilh tlie fiiidnLldl slaleinents. of Ilie cliai-lty foi. Ilie ycai. ended 30 Septetnbei. 2024. Tlie Ti-iisiees ¢ortfii'm Ihat Ilje I'i'LlStees rei)orl and financial slalcinenls of the ¢hai'ity comply witli the iequiiimenls of tlie Con)paiii¢s Act 2n06, 11)e Cla1'it1e% Act 20118nd Ilic Financial Rcpoiling Slandaid applicable iii Ilie UK aiid Rtpublic of Ii'claiid {I.'IIS 102) ICharitiL%.SORP Iblls 102)). Sti'ucturei Lpoveriiance #lid niun#geJneiil a. CONSTITUTION Tl)e Grindleton Recreation Cjmuod C.lJaiity ss constitEited uttder a Cliai'ity Conuni5sion Seheme dated g May 1972 and is a iEgisteird charity. b. METHOD OF APPOINI'MLNT OR C4 I,fi.CTION 01, I'RU8Tfi.l.S The JnanageTn¢nt of th¢ ¢l)ai'ity is thc rcspon5ibility of the Trnstees, wlio are elected and co-opted undei tl)e temis of thc Cliarity Commission ScheJDe. c. ORGANISATIONAL SI'RUCI'URE AND DLCISION MAKING The conimittce coiisists of around 10 eleeted tnetnbei8 and no njore 3 meii)bers who may be co-opted as representative niembers of any f0MllY Constituted organisation in the drea of benefit. Tl)e Irustees tljai lield oifice at any titne during tlie year wcrc a% follow5.. Mr l) Wood D F.atougli Dr A HiLson Mr J Halley Mr MJ Ct'ossland Mr J Thonist)n Mr l) Ililey Mi. G Whcelei. Mrs C Argyle Mrs D Ryan Mis J Rawkins d. RISI< MANAGEMENT The Tiiibtees bave assessed tlie major i'isks to which the charity is exposed, in parli¢ular tliosc rclatcd to tlie opeimlioijs aiid finaiices of the cliarity and ale .%atl8fied that %y%lcms and proccdurc5 are iii place io tnitigatc out expts%ui'e to Ihe inajor i'isks. In pai1icular. insui?nce cover is in place to cover the eontcnts of the Pavilion and i)layground. Page 2
Gi'indleton Reei'eation Gi'ound Cliarity Trustees, Repui-t Objecflves and activities a, POLICJE4 S AND OBJEcfivES Gi'iiidleton I11'tatIOn Ground Charity 1% a chaTity ItgisteiEd iirtdei- tliarity nurnr 223174. Tlie principlc objective (Jf the charity is to providc a reci'cation OUnd and activitics foT the inhabitants of CJrindl¢ton and tlie siin'ounding are88. The actLVitie% include tennis, fi)otball, table tcnt]15 and indooi. bowlEng. The i"e¢i'eation gi'ollnd has tlic EclleiTrl aim of contiibuting to the suiiDuiiding ar¢as by en¢oiuaBing cliildren of all ages to participate in different activities. It] a<ldition, tlie Pavilion provides seveTal diffei'ent social aclivities and njusical evejils foi. the get)eral benefjl of those in ihe village and suiroundillg area. b, VOLUNTEERS The chai.ity is gialeful foi. the unstinting effoits of ils voluntcers wlio involved in fundi?ising. Aehievoment$ And peyformgnce . GOING CONCERN AfteL- makillg appropriate eiiquiries, Ilie trustees have a i-¢asoiiable expeelation Iliat Ilie c1)ty has adequate resources to conliiiuc in opei?lional existence tor Ilie IoTeseeable futui'e. I".or thi5 reason, tliey contirtuc 10 adopt the going concein basi% in prepai'ing tl)e financial statemellts. PUBLIC BEN'EFIT The Tiustecs confirm that we havc paid duc regard to the Charity Comniission guidance on public benefit repoftit]g in de¢iding wliat activities tjie ¢liarity should llndeitakc. TIIis iEPOrt explains t]ie ¢liai'ity'S wol'k dui'ing die yeai. and liow it IS been cai'iied out foi. Ihe public benefit. rilnaiieial r¢vleiv a. PRINCIPAL FUNDINC The chaiity relies on gi2nts', donalions, dnd iiiconTre fj'oni fee8 (lent for the use ofpavilion and football field) and incoiiie froni providing tt bar SeTVlCC at evtnls, to tovcr its opcrating costs. Thc chai'ity had incojnillg resources of £125.063 (2023.. £74.091) and incurred expendiwre of £97,345 {2023'. £84,114) leading to a surplus of £27,718 {2023.. deficit of £10,023). Tl)e Trustees al-c lookiiig to expand tlie incoirte ÉIiL-ougli n)ore letlings and tlirougl) increased facilities to lielp tlie cliarity becoine E]iore financially stable. Page 3
Griiidletoii Recreatioji Ground Cllai'ity Trustees, Report b. Rli SEI RVES POLICY Tht diarity's rcscjve policy is to maiiitltiii .u7¢]ertt reservc% lo mcct the working Capital requireiiieiits of the charity for the n¢xl six mantli.%. Tl)e cl)aiity liolds casji reserves of £105,135 {2023.. £64,015) al Ilie yeai- ertd atid anniial expeijditure is £80.037 12023.. £64,546) before depi-ecialion 2nd donated seiwices, tliei'efore the cliarity 1% Ihei'ef(Ji'c cotnplying with its ie5eive5 poli¢y and lias etiougli iesources to cover expected running eost% foT tlie next six monihs. Pl811s for flltui'e period a. FUTURE DEVELOPMENTS The Pavilioth is being well used and the TIw5tee8 plan to cany on renting out the Pavilion spa¢e. The Trnstees will %cck to enhance the long tei'm financial alld cnviroimienial sust8inability to ensure continuing provision of high quality facilitie8 for usciB. Responsibilities uf the Ti'ustees Tlit Irustecs arc irspoiisible foT l)r¢paring tlie -fni8tees' Annual Ilepoit and the financial ststcrnenls irt accoiYlan¢c witli applieablc law and United Kingdom Accoullting Standards (Uniled ICinBdom Generally Accepted A¢¢oun¢ing Pi?¢ti¢e Charity law requires the TIu5tees to pitpare financial statements for each fsnancial yui. wliidi gives a tn]e and laii" View of the stale ot- atTai1s of the cliauty and ol die Incoming irsourcc5 and appli¢ation of iEsourccs, including the inconie and cxpcndituir, of the charsty for that riod, on prep.llg those fill¢181 statements, die TnE81ees are irquircd to.. Select suiiable accounting policies and Ilien apply ilien) consistently. Observe tlie Inetliods aAd pi'inciples in Ilie Cliai'ilie5 SORP, • Make judgnienls aiid e%tiInale% tlial arc rca%onable and pivdcnt., Siaic wlicihcr applicable UK Accouiiting Standard% havc bccn followed. subject to ally niatei'ial departiires disclo%ed and explained in Ilie financial statements. and, PrcpaiE thc financial stateinents Oll the going collL¢iM basis unless it is lnaPpiprlate to presuine that tht charity will continue ill business. ie Tiwste¢s are responsible foi. keeping accounting re¢oi'ds which disclosc with L'easonable aeclli?cy at any tinie the fInancial po*ilion of the eharilable cojiipany and wlii¢h enable them to ensure that the financial st8lement8 comply witli tlie Chai-iiies Act 2011. Tliey aic also responsible foi. tlie safeBuardiJig of tlie a$sel$ of ilie cliarily and lieiice for taking reasonable steps for tl)e piEveiilion and deteclioii of Irdud otlier iiregularilies. Page 4
GrlndletTrn Recreatlon Ground Chailty Trustees, Report 'I'IIE &nnual Teport wa5 appTov¢d by the trusttts of the Charity 0th.2410712025 and signed ils bchdlf by: r J Halley. ChiefSxefiLtive Ttuslee Mr Cl'osgland, Sccreiary
Grindlcton Rect'eation CT)'ound Charity Indepeiident Lxaiiiiner's Report to tlie ti'ustees of Griihdleton Recreatioii Grtsund C.hArity I rcport on the aecounls of the chai'ity foI tlie year ended 30 Seplen)ber 2024 whidi are sel out on pages 7 10 18. Youi. attention is didwn to the faLI thai the Cliarity has PTepaiEd Ilie Financial Siatenients Iii Mecoj'dance witli the Financial Reporting Slandai-d api)lit4ble iii the UK and Republic of Iitland IfRS 102) im iiiefercii¢e to thc Ac¢ountiiig and Repoi'liiig by Cliaiitie5'. Slaieit)eiii of Rccoinnieiidcd Prllcti¢c issued on l Apiil 2005 wlii¢li is LEferied to in tlic extant regulaliolls but li&% Since been witlidrawn. We iinder%land tliat tliis lias been done in ol'der for Ilie aL¢ounts to provide a Ii'iie and fail- view In accoi'dance with the Generally Accepted Accounting Pra¢¢ice effectivc for repoi'ting periods beginning on or aftei. l Januaiy 2015. Rc5peetivc responsibilities of ti'ustees and examlncy Tlie trLisiees ay¢ respan%iblc for tlie pi-epaiaiion of accounts. The iiNs¢ees consider tliat an audit is not IEquired for Iliis yeai- undei. section 144(21 of the Cliarilies Aci 2011 lilie 2Q I I AGt) aiid tliat an iiidci)endent exaiiisnatioii is needed. It 15 Iny responsibilily to.. ¢xamine thc aecoullts linder section 145 of the 2011 Act; to follow tlie procedui'eg laid down in the geneTrl Directions given by the Charity Con)mi&8ion undcr section 145151{b) of tlie 2011 A¢t' and to slate whether particiilar matters liavt come to niy attcntion. B281$ of indeijendellt exaininei"$ ieport My exanitnalinn was cai'i'icd out in a¢cordan¢e witli die genei?l Dii'eciions given by tlie Cliarily Coinn)ission. An cxaTnination iii¢ludes a review of tlie a¢countitig records kept by Ilie ¢liarity and a coinparison of tlie accounts presented willi those records. It also includes consideration of any unusual items or disclosurc8 in thc aL¢ounls, 2Jid seekiiig explanatlOllS tTUlli you as Ii'ustees conceiiiiDg arty siich inallci's. Tlie Procedures undejtaken do nul pi'ovidc all Ilie evidence that would be i'equii'ed in an au<lit and COT]sequcntly no opinion is given as to wlietliei. the accoun1% pirsent a 'tTue aiid fail. view, and tlie report is limited to those matteib sei oul in the next stateinent. Jndependent exaininer s slat¢ment In coi]nectioi) with iny ex#iniiJdtioti, iio mattel. has come to iny attention.. I l) wliicli giv&s i)ie reasonable causc to bclieve tliat in any Jnaterial rc5peei Ihe iTquireiiients'. to keep accounting reLords ID arcoi"d8n¢c will) section 130 of the L112rities Act 2011,. and to pirpare a¢¢ounts wliich accord with the accounting record5 and comply with the accounliog requii'enicnts of the 2011 Act have noi been Inet. OF (2) to wl)tch, in rny opinion, attention should be drawn in oixier to enable a propel. ullderstanding of the accouiits to be reached. The Beehivc l.ion5 Drive Blackbiim Lallcashii"e BBI 2QS Datc.. 2410712025 ljage 6
Gi'indletoll Recyeation Gi'oiind Charity StateInent of b inaiicial Activities for the Year Ended 30 September 2024 Unresti'icted furtd.% Resti'itted fund5 Ttst*l 2U24 Totyl 2023 lijcome Eiidoivnjents fi'onj: Dondtions aiid legacies Charitable acliviltes Ollier trading a¢iivities Investinejit incojlle 32,918 28,525 13,975 20,585 32,918 57,585 13,975 20.585 7,295 33,792 14,305 18.699 29,060 Total liicome 96,003 29,060 125,003 74,091 Lxpeiiditui'e on: 112,571) 164,0311 (6,6831 (12,571) 178,091) 16,6831 {10,638) {66,756) 6,720 Chai'itable activities Oihei. trading a¢iivilies 114,060) Total l-.xp¢nditure 83.2851 14,060} {97,3451 184,114) Net Tnovement in fiinds 12,718 15,0(K) 27,718 110.023) Recunciliation of funds Total fund5 bi'ouEht forward 464,029 464.029 474.052 I'otal funds caiTied toiward 14 476,747 15,000 491,747 464,029 'lie statemtnt of firtall¢i31 activities includes all gain5 and losses recognised in tlie year. All of tlie charity activities derive from continuing opcrations. Tlie ftsnds bi'eakdown is sliowii in iiote 14. Tlic coiiiparative %tatemcnl of financial activities can be found at note 19. Page 7
Grindleton RecreatiDn Ground Charity (Registration number,. 223174) Balance Sheet as ?t 30 September 2024 2024 2023 Nthtt Fixed 45set$ l aii&iiblc Hssets. 10 38b,l41 399,253 Ciirient Assels 1.310 2,677 105.135 1,502 2.988 64,015 Debtors Cash al bRnk ttnd in hand 12 109.122 68,505 Creditors.- Amounts falling thte ii'ithin one Year 13 13,510) {3,7291 Net turrent SL5se15 105,606 64,776 491,747 464,029 uiids of Ilit £h4rltv: Restrictcd fuDd$ 26.035 11,035 Unre5triclEd inttsine fujids UnirslriGt¢d fijnds 465.712 452,994 I'otal fuNd5 14 491,747 464 029 Ihc firtanCi1 stttiements OD pages 7 to 18 were 4pprovcd by die tyusiees, and auihori$cd tor iSSiLe on and signed ort their behaifby. TU8tee Cro88land. Secretsry Trnstec
CTrindlel(In Reei'eatiui) Gi'ound Chaj'ity Notes to the filnancial Statements for the Year nded 30 September 2024 l Aecouhting policie5 Statement ofcotjipllxnce The finaiicidl statements liave been prcparttd in accoi-dance willI Atcounting and REpoiting by Cliaritie5'. Stateintnt uf Recoinmended Piactice applicable to chai'ities PTeparing their accounts in J¢¢ordan¢¢ with tlie Financial Ilcpoming Standard Jpplicabl¢ in the UK and Repiiblic of li'eland IFRS 102) (effective l January 2015) - {ChaTItiC5 SORP {I.'RS 102)), th¢ finan¢ial Reporting Stsndard applicable in the UK and Republic of Ircland (FRS 102) and tlic Charities Aci 2011. ilasis of prepai'atio Cjrindleion Recreatioii [ilUnd Cliarity nieets Ilie defiiiitioll of a public bcnefit cntity iindcr FRS 102. Asseli and liabiliti&% aTC Illltially re¢oglli%ed at histoi'i¢al cast or traiisaction valuc unl&%s oiliciwise slated iii tlie rclevant aecounting policy notC5. Tlie financial staieiments ale piEpai'ed in sierlin& wliicli is Ilie functional currellcy olthe entity. Exoniption from prepai'ing A £s floiv statenient 'I'lie charitr), adoptcd Llullctin I published on 2 Febwary 2016 have tlierefoi'e not included a cash flow statement in these fillancial statements. Going concer Tlie Cliarity'8 aclivilies together with factors likely to affect it5 future development and fiTnClaI position are set out ill the 'fTUSt¢es' report. Tlit Ttustecs coiigidei. tliat in Ilie ligli( of thc Cliaiily's planned activities and curient rescives it lias adequate rcsoure¢s to continue in opei3tiunal existetice for tlie foiEseeable fuiure. Tl)us, they continue lo adopt tlie Eoillg concern basis of aC)Unting in pi"eparing tTrie fir)arttial stateinertts. FU11 structure General fi]nds al'e unrestricted funds which are available for use at the discretioii of the TnteeS in furthe1L¢e of tlie general objectives of the chaTiry and which have not been designated for other pUoSe$. Re51rit(ed funds are fund5 wliicli are lo be used in accoj'daiice with specific reslriclions iinptssed by dnnors or wliicli have beeD raised by tlie chai'ity for paiticular putyoscs. Mie co.qls of raising and admillistering sucli ftinds arc chai.gcd agairtst tlie specific fund. The aiin and L18C of each restricted fiind is set out in the noies to ihe financial statenient$. l?agc 9
Gi-indleti)ii Rici'eation Cyl'ound Charity Notes to the Financial Statements for the Year F.iided 30 September 2024 Judgeillcnts 2nd key soui'ccs of esllinAti(kii uiicet'tainty Tlie pi"eparation of Ihc financial statcincnls J'cqiiires manag¢n)cnt to Inake judgernenls, esiiniates and ssiiniptionb that affect the amoullls i-epoited. These estiinates and jiidgLnienls al'e continiially reviewed artd are based on expeiiellce and vthei- fa¢tuJ's, including expeLlalions of fLilure events that al'e believed lo be ieasonable Iijidei. the circiiiiistatices. The judgeiiiellls aiid es1iiiiatiQJLS that Imaiiageiiient lias iiiadc in th¢ procc%8 of appl5qllg the entity's accounting polities and that hayc the Jiiost %i8nificant effcci on tlie #ihOUE)ts recognis¢d in tlie fInancial stalemcjit are as follows: DeteiJi)it)ation of recoverability of debtor5. A spe¢ifi¢ provision is made dgainsi eertain debts wljej'e in tlie opinioIi of tlie directors Ihe debt is not fully recoverable. 'I'aiigible fjxed as%ets are depreciated over tlicir us¢ful liv¢s taking into a¢¢ount ¥esidual values, where aiipi'opriate. Thc actual liv&s of the asscls and i'csidiial values ail assessed annually and may vary depet)ding oil a number of factors. Tn re-assessing asset live8. faetOlE siILh as teLlIRologicdl 5nnovatiort, pruduce life cycles and nvainteiianLe al'e taken into a¢¢outit. Residual value assessmejits COIlsi(Lei' issues such as tiitiii"¢ mai'ket eonditioos, the remaining life of the asset and projected disposal value5. Jneome endo)Ynients Volllntaiy income including donatsons, gifts, legaeics and Lryant5 tliat piovide core fundillgT or are of a Eeneral nature is recognised wlien Ilie chariry has enliileinellt to the income, it is pi'obable t]iat the inconie will be received aiid tl)e atnouni can be ttieaSud willi suftieienl reliability. Donaiions and legacies are recognised oil a receivable basis when receipt is probable and the amount can be reliably measured. GJ'4i11s reeelvuble Cif2tlts are J'etogiii%ed whet] thc chajily l)as an enliilement lo the funds and any ci)ndiiioll5 linked lo th¢ grants have been ni¢L Whci'e i)eifomiance ¢ondition% aiE altaclied to the grallt and arc yet io be mel the in¢oine is recogni5ed as a liability and included on the balance slieet as defei'red inconie to be released. oJiutÈd&ervice.F aiihf*eililies Whcre sei'viccs or facilitie% arc provided to the cliarity as a donation tliat would iioin)ally be piirchased from our sllppliei¥, tliis b¢nefJt is included in the fjllancial statenients il's fair value unless it's fail. value cannot be realidbly n)easwid. then ai the cost to tlie donoi. oi. the iesale value of goods that al'e to be 501d. Expendituie Expcnditurc is accoiiiiied for on an ACCTuals basis and has been included under expense categories tliat aggregate all costs foi. allo¢atian lo aciivities. Whei'e costs cat]not be dii'ectly aliTibuted tu paTlicular attivities, Ihey Ive beeti allo¢aied on # basis LonsisLenL witl) ilie usc of Ihe i'e50urces. rundi?ising expense5 Bl"C tliosc in¢i)llrd in sccking voluntary contributions and do not incliide thc co%Ès of disscminaling information in suppoit of thc Cliai'itablc a¢tiviti¢s. Suppoi'i c08ts are tliosc costs incurrcd diiretly III SUP]Xll1 of expcnditurc on the objccls of the cliJrity aiid iiiclud¢ pi'oj¢Li manag¢menl carjied oul at Headquarters. Governat]ce costs are tliose incui'red in cot]nectson witli adn)inis¢ixtion of tlie ¢lJai'ily and conipliance with the ¢onslilulion41 and staiutory i-e4uiirinents'. Rui.siiIgfIld.ff These are Losls iiicuIi-ed in #ttra¢ting voliintary inconie and tl)ose incurred in trading activities that i?ise funds. Page 10
Gi'indletoji ReLI'eation Gt'ound Charil'y Notes to the f*lll&nelal Statemeii(s for the Yeai. Elided 30 September 2024 Clioriloble 4ciivilies Cliarit&ble cxI1)dItllre conipt'ises those cost% incui'ird by Ilic charity iii thc deliv¢iy of 118 a¢tiviti&q and %¢ivic& foi. ill beneficiarie8. It jileludS bolli co%1% Ihal can be allocatcd di1ctlY to such &clivities and those ¢OSls oran indiitcl natui'c ne¢c5sary io siipport Iheii). Goi'ernRiice costs 'rhtse incliide Ilic cos15 atlribulable to the chai'ity's compliaii¢e with ¢onslitulional and slattilot'y reqiiireinent5, including aiidit, %trategic Inanagcinenl and trustcc.%'8 mcetings at)d rcimburscd expensts. T?gible fixed 2$$etS lttdividual flxed assets ¢OS1511g £100.00 or more are initially recorded at cost. Dvpreeiutioii atid amortisatio Dci)IEcialion is providcd on langiblc fixed asseL$ 80 as to write off tlie cost OT valuation, less any estin)ated residual value, over tlieii. expected use7 econoinic life as follows.. Asset elASS Freehold pi'operty Depreciatlon method ind rate Ovei. 50 year. 25°/o reducing balance or 33 /0 straight lit]e Fixtt]res and fittings Stock Stock is valued at the lower of cost at]d estimated sellin& pi'ice less costs to ¢ompl¢ie and sell, after due regai'd for obsolete and slow muvinB stocks. Trade debtors Tradc debtois #i"e aniounts due from ¢ustoniets for Iiierchandise sold or servi¢es peifoinied in the ordinaiy course of busines5. Trade debtois are L"e¢ogrtJsed initially at the Irangatltott pricc. 'fiiey are subseqiienily measured Jt amortised ¢ost Using ilie effective illtei-est Inetl)od, le$5 prtsvi.%ion foi. in)pairnienl. A provision for tlie itnpairinent of ys estsblislicd wlicn their is objcctivc evidcnce that Ihc will not be able to collc¢i all aiiifiunts duc accai'ding to the original temis of the i"eceivable%. Cash and ca511 equivalents Cash Aiid ca.sh cquivalciit5 compi'isc cash on hand and call deposits, and otlicr short-tcrm higlily liquid inveslinciils iliat are readily convertiblc to a known anioiiiil of cash and arc Subject to an in%ignificant Jllsk of cliaiige in Viilue. Pagell
Grilldlcton RccrLation Cyround Chai'ity Notes to the fi Inaiieial Statenieilts for the Year fiJnded 30 Septemb¢i' 2024 Ti'ade ei'cdltoi's Tiade cirdiiors ale ahligalion% lo pay foi. goods or scrvices that liave been dcqiiired In the ordinary couise of biisiness froim siippliers. Accounts payable aiE classified as cuyienl liabilities if the does nOL havL an unconditional rilt, at tlie end of Il)¢ repc>iting pe10d, to defu. settlement of ilie cj'editoi. foi. at least twelv¢ Jiionths after Ilie repoiling dale. If Ilieir is ali unconditi011311-iglit to defer s¢ttl¢ment foi. at lea8t e1ve inonths after the rept>riing date, they ali piiscnted as non-CUlTent liabilitics. Trade creditors are recognised initially at the transaction price and subsequently measured at aniortised Cosi using ¢lie effeciive itttei'est Jiiethod. Fiiiallcial illstruments 'lkne chaTity only has fTnan¢ial assets and fillancial liabilities of a kind tliat qualsfy as b&sic financial instrilments. Basic financial inStimentS are inilially recognised al 11?nsaclion value and siibsequent]y nieètsured At Ilieir s¢ttleJn¢nt valu¢. 2 Don2tlons and LegAcies UnrestrietÈd funds Restrieted funds Total 2024 Ttst81 2023 Genev41 Donations Legaties Donations in kind Grants 901 25,484 4,196 2,337 901 25,484 4,196 2,337 1,079 4,917 1,299 32.918 32,918 7,295 Page 12
Gi'indleton Recreation Groiind Charity Notes to the fiiiiaiicial Statejiiejits foi. the Year Elided 30 September 2024 3 liieoine fi'oni chai'itable activities Uni'e.Itrleted fuiids Restrlcted funds Total 2024 Totxl 2023 Celleral 100 club subscriptions Ait Group Bonfiir Niglit Galloping GoiiiThet Spring Fail Filni Club Filni Club Membersliip Giartts" CiTrft F#iT Shoi'l Mat BowliiiÉ Horlieiiltural Sliow Luncli Club Pop Up Nighis Sliort Mat Bowling Snake Davis TaETrle T¢Tls Conccrt Chi'isljiias party coffee and eupcakes Big breakfast Chwrlifilters Football pitcli rcnL Tim Klipliiiis Gift aid ircoveiTrble Coronation celtb121ion5 2,034 772 3,255 3.355 2,034 772 3,255 3,355 2,091 207 2,387 gio 4,294 1,740 12,000 4,815 2,835 4,815 2,835 29.610 617 900 648 4.653 29,610 617 900 648 4,653 661 3,634 418 914 1,272 243 995 1.091 90 1,272 243 204 995 1,091 90 532 284 437 970 650 ,175 250 134 400 400 27,975 29,610 57,585 33,792 4 Iiicome from othei. ti'adlng activities Unrestrict¢d fund5 Restrlc¢ed fund5 Total 2024 Ttstal 2023 Getiei'sl Bar Sales 13.975 13.975 14,305 13,975 13,975 14..3a5 Page 13
Grindleton Rccreation Ground Cliai-ity Notes to the Flnallelal Statements for the Yeai. Elided 30 September 2024 5 Expeiiditllve oll raising funds Uni'esli'fficte(I Rc$ti'l¢ted funds Total 2024 Total 2023 Geiiei'AI Note Fundiaising exi)cnses 12,571 12.571 10,038 Page 14
C*rindleton Recreation Cwround Cliarity Notes to the FiI)aiicial Statements foi. the Year fi iided 30 September 2024 6 Tr:xpenditu¥'e on chaiit9hle aetivitio$ Activity uiideE'tAken dlrectly Total 21124 Total 2023 R3¢e$ Insurance Light and heat Repait's and IMainletJance Sundry cxpenses Pi'ofessiolj fees Telephone and internet 898 1,496 10.487 34,510 6,187 3,-457 875 898 1,490 10,487 34,510 6,187 3,357 875 5.170 1,370 9.048 21.733 7,972 3,175 527 L jjl Licenc¢s AdvliS1g Aceounlartcy fees Depi"e¢iation of fixtuirs and fittings Depi'¢Lialiot] of building Depi'ecialion of plant artd maChinY DepiT¢iation of offfice equipnient Casual wages 772 593 1,860 1,589 9,898 271 772 593 1,860 1,589 9,898 271 1,352 3,946 78,09L 649 468 1,740 2,121 9,898 370 1,868 647 1,352 3,946 78,091 66.756 £64,031 {2023 £47,215) of the above expenditiire was attributable to um'egtri¢ted funds and £14,060 (2023 £13.837) to reitTi¢ted funds. 7 Trading ActlVLties Unreslricted funds Ilestiicted funds Total 2024 Tot&l 2023 Gciitral Note Bai. puirhases 6,683 6,683 6,683 6,720 6.683 6,720 8 Trustees I'¢tnuneratlon and expenses No tiiistees (2023-. no tl-L15teesl, nor arty person5 ronnecled witli Ihein, liave received any TeiiiiineTation fiDni th¢ cliai'ity dilring the yeai.. No trustees {2023.' no irusleesl have received any reiimbursed expenses fioin tlie charity dui'ing ilie yeai.. l)age 15
CJrindlctt)n Reercatii)n Cpj-ound Cliarity Notes to the Fiiiailcial Statements for the Year Lilded 30 Sei)tember 2024 9 llldepeiident exaijiitier s reithuneration 2024 2023 Exdmination of lh¢ financial siatenients 1,860 1,740 IU Tangible fixed a5$ets Ijand and huildlngs rnitui'e and equipment Total Cost At l Octobei" 2023 494,914 106,673 601,587 At 30 Sept¢niber 2024 494.914 106,673 601,587 Depreti#tio At I Ociol)ei 2023 CliaTge for the year 108,221 9,901 94,113 3,211 202,334 AI 30 Septernbei" 2024 215.446 Net book v#lue At 30 Septembei. 2024 376.792 9,349 386,141 At 30 Scptctnbcj. 2023 386,693 12,560 399,253 I Stock 2024 2023 Stocks 1,310 1,502 12 Debtors 2024 2023 Trade debtors Prepayments Accrued income I,iio 1.567 450 1,458 I,oEo 2,677 2,988 13 Ci'edltors: amounts falllng dlle Mltliln one ycar 2024 2023 Ac¢rua15 3,517 3,729 Pagc 16
Grindleton Recreatioii Gi'oiind Chai'ity Notes to the Finaiicial Statemeiits foi. tlie Year Elided 30 Septembei- 2024 14 Funds Bal&nee at 30 Septeniber 2024 Incomlng resoui'ces Resources expend¢d Octobei. 2023 Unresti'ieted funds Geijerul Geiieitl Funds 452,994 96,003 (83,2851 46.5,712 R¢stricttd funds Football pitch fund Mowei fund Store fund Carpet bowls fiind TV fuiid Enli'ante sign nd Freezer fijiid PlaY.Oud fund Window% and blinds fund Tennis court fi]nd 1,350 3,559 891 (91 571 45 406 6,417 (2,1951 15,000 1,000 16,350 4,459 604 {481 428 23 372 5,803 12,224) 268 (100) 12871 (391 (143) {221 (34) (014) 129) 112.7921 13.060 Total resti'itted fuiids 1,035 14,060) 26,035 'rotal funds 464.029 491,747 Balance aÉ 30 Septeiiibei. 2023 BalAiice at I October 2022 Iiitomljig re$oui'ce$ Resolli'ees expended Unrestrieted funds Geiiej'l Gtiieral Funds 460, 180 58,174 165,360) 452,994 Restrlcted funds Football pitch fund Mowei. fund 1,350 2,692 1,27.3 43 761 73 444 7,236 1,350 3,559 891 {9) 571 45 406 6,417 12,195) 1,000 (133) 1382) {52) (190) {28) {38) 1819} {12,195) sto fiind C#ipet bowls fund TV fviid Bnlraiice.%ign fiind Freezer fund Playgroiind fund Windows and blinds futtd 10,O(K> 'I'otal resti'icted fiinds lJ,872 I I,Doo 13,837) 11,035 Page 17
Gi'indleton Reci'eatitsn Cyj'iiund C.l)arity Notes to the Fiiiaiicial Statemeiits for the Yeai. nded 30 September 2024 R4l•ti¢e at 30 Sep*einbei' 2023 Balaiiee at Oetober 2022 Incoming resources Re50uI'ces expellded Total funds 474,052 69 174 79,197 464.029 15 Analysls of Iiet 9$5ets betii'een funds Uni'estrlcted lunds Restricted Cunds GenerAI Total funds -ranBible fjxed assets C.urient assets Current liabilities 384,873 95,390 3,516 1,268 13,732 386,141 109,122 3,516 'I'otal net assets 476,747 15,000 491.747 16 Related pAI'ly trn5ctiO]IS Tliere were no Irlated party transactions in t]ie yeai.. 17 Comparatrvc Staternent of Fiiiancial Activitie5 2023 7,295 22.792 14,3J5 7,29.1 14.105 {10,638) {.52,919) 1(1,72UI (l O,OJ81 (11,8371 11?.'J20 l olal fsxpiJiili(UEQ N¢t IIIOVQJlkWL iii fiiiiil8 1711,?.771 17,1801 12,8171 4fiU,IHU 4.$2.lJ94 474,05?. Page 18