CHARITY REGISTRATION NUMBER.. 266964 WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION UNAUDITED FINANCIAL STATEMENTS 31 OCTOBER 2024 METHERELL GARD Chartered Certified Accountants Mon'al Looe Corniiall PLI) IPN
WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION FINANCIAL STATEMENTS YEAR ENDED 31 ocfoBER 2024 PAGE Trustees, annual report Independent examiner's report to the Irustees Stalement of financial actiN'ities Statement of financial position Notes to the financial slalements io The follow'ing pages do not form part of the financial statements Detailed statement of financial actii'ilies 17
WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION TRUSTEES, ANNUAL REPORT YEAR ENDED 31 OCTOBER 2024 The Irustees presenl their report and the unaudited financial statements of the charity. for the )'ear ended 31 O¢iober ?0?4. REFERENCE AND ADMINISTRATIVE DETAILS Registered eharity" name Weston Mill Oak. Villa Sports and Communits." Associalion CharitTr' registration number ?66964 Principal office Ferndale Road Pli'mouth Dei"on PL? ?EL THE TRUSTEES Mr D Rick-ard (Chairman) Mr M Dai.'ies (Treasurer) Mrs J Edii'ards (Secretan-) Mr l Tal'lor (Vice Chaimlan) Mr B Beer Mr D El'ans Mrs J Furzeland Mr l Johnson Mrs J Whilehead Mrs G Dai'ies HOLDING TRUSTEES Mrs S Rickard (President) Mr M Blueli Mr D Rickard INDEPENDENT EXAIMINER Mr Ashle!" Smith FCCA mon.al Looe Comiiall PLI) IPN
WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION TRIISTEES, ANNUAL REPORTccMinudJ YEAR ENDED 31 OCTOBER 2024 STRUCTURE. GOVERNANCE AND MANAGEMENT CONSTITUTION The polic}, and general manaLiement of the affatrs of the Association is directed b}. a council of metnbers. nom)alli' referred to as "The Commitlee . Members of the committee are elected from ii.ithin the membership of ihe Assoeiaiion: Il'ith the option to Co-opt further members as and 'hen required. In addilion. title of the real propem. 15 I'ested in Holdino Trustees "hO are appointed by the Committee. The Holding Trustees enter inlo a deed of trust ii-hich sets out the purpose and conditions under ii'hich the}. hold the said propert). in Insi for the Association. RISK MANAGEMENT The Trustees haN'e assessed the major risks to ii.hich the A5CIall0n is exposed. in particular those related io its operaiions and finances and are satisfied that sl-stems are in place to mitigate e.Kposure to the major risks. OBJECTIVES AND ACTIVITIES OKIECTS OF THE ASSOCIATION i} To promote the benefit of ihe inhabitants of the Weslon Mill area of Ihe Citi. of Pl)'mouth and the neighi)ourhood ii'iihout distinction of sei. political. reli2ious or other opinions b!, associalinLJ the local auihorities: i-oluntar%' oriJanisalions and inhabilanls in a common effort to adi'ance education and to proi-ide facilities in the interests of social ii-elfare for recreaiion and leisure-time occupation iiith the object of improving the condition5 of life for the said inhabit11 nts. ii) To establish or to secure the e5thblishmeni of a communit!- centre. and to maintain and manaoe. or to co-operate ii'ith ans" local statutoTh' auihorit!- in the maintenance and mana2ement of. SULh a centre lor aclii'ilies promoied bi" the association and lis conslituent bodies in furtherance olthe aboi'e objects.
WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION TRUSTEES, ANNIIAL REPORTicorfimwd) YEAR ENDED 31 OCTOBER 2024 OBJECTIVES AND ACTIVITIES (cvmiAued) COMMUNITY ACTIVITIES MONTHLY CHARITY QUIZ NIGHTS On the first Monda!" of each Monih. man!. ofour resident iJroups and others includino the local Church make use of the facilities to lesi their on(JoincJ gJeneral knoii'led(Je 50 as to raise funds for a different ii"orth!' cause each monih throughout the N-ear includiniJ our primaTr' Charitable oroanisation. The Childrens South West Hospice. MIXED MARTIAL ARTS ACADEMY Tii-o ei'eninLFS a iieek are run for ihe aboi-e. Thei. cater for aues from 8 upii'ards. All sessions are i%ell attended and are run b!. Full!. Qualified Instructors ii.ho hai'e been cleared b). the CRB. Grading is carrted out ihree limes a l'ear on a Sundai. morning. LINE DANCING Held in the Function Hall ei'en. Mondai.. and Wednesdai" ei'eningys. 7:00 pm - 9:00 pm. M/PIRE DANCE A Dance group for 4 10 14 l'ear olds held ei'erl. Monda5" beiNI"een J.30 pm and 7.00 pm ST BUDEAUX'PHOENIX" TABLE TENNIS The Group meets ii.ithin the Communit!. Hall tsi'ice per ii-eek on Mondai- afternoons and Wedne5da!' rnominiJs ii.here an enihusiastic g?roup of mostl!" retired indii'iduals both male and female enjoi'in2 nothin(7 more ihan a (riendl!" round robin s¢rtes of Table Tennis matches onl). interspersed ii'ith the necessari. breaL- for Tea and Coffee along ii'iih some biscuits. COMMITTEE ROOM This irnportant facilit). iiiihin the premises hosts a number of small gatherinos either on a Weekl!. or Monthl!. Basis ii-here members can meet and discuss their oiim indii'idual gTroups actii'ities. man!- of ii'hiLh are of a charitable or fund raisinLTr nalure. These include the MIl10SA GLADE III and SINI CERITY LODGE Groups iiho folloiiini? the closure of the IL40B Club on North Hill prior to the pandemic these came 10 the Association and hold ii'eeL.l!' meeiings in our Loii-er Hall and Committee Meelin2 Rooms SPORTS GROUNDS All Ihe pitches ai Weston Mill are cul. mark.ed and mainlained b!" the Association.
WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION TRUSTEES, ANNUAL REPORT(mrltRu¢d) YEAR ENDED 31 ocfoBER 2024 OBJECTIVES AND ACTIVITIES fcvminmedj SENIOR FOOTBALL Signal Box Oak- Villa noii. has 4 senior teams all based at Weston Mill. ? male teams participate ii-iihin the Pll'mouih & West Dei-on Football League iN"iih teams compelinc) on each of Saturda!. and Sunda!.. The!. noii. hai-e ? Ladies teams. ii.hich competes 'ithIn the Deion Women's Leaoue on Sundal's and all of our senior leam5 proi-ide a plal'er path¥i'a)' from youth into adult football. JUNIOR FOOTBALL Siiynal BOK Frankfort oi'ersees all }-outh football on Ihe site ii'ith leams competing IN"iihin the DeN'on Jlinior &. Minor League under the names of either SB Frankfort or SigTnal Boi. With 14 dit'ferent teams encompassin? both boi's and iyirls aiJed betil'een 6 and 18 l'ears of age. oi'er ?iO pla}'ers represenl the Club and on most Salurda!. mornintss the fields are a hii-e of activit), m.ith plai'ers: parents and supporters. RUGBY Old Technicians hai-e a long standing connection ii'ith the Association and hai'e passed their 9?nd Annii'ersan. since t"orniation as a club ii'ith more ihan 40 l.ears of that spent at the Sporting Faciliti.. The team competes ii'iihin the Counties i Tribute Dei"on South & West LeagTUe. ACHIEVEMENTS AND PERFORMANCE VMOV SOCIAL CLUB The Social Club continued to be afforded a reduced rental a(Jreement duringJ the ?0?3124 Financial Year: ii-hich has sleadil}' been incremented oi'er ihe past ihree l.ears i.e. since the oriiJinal Pandemic Issues arose and as il'as set out in prei'ious account Submissions. This -.aS lo be the financial l'ear that the lei'el of monthl). rental pal'ment returned io ii.hat M.-as Considered a fair and appropriale commercial lei'el of £600 per month. S1( dli.: due to their ongoing financial concerns the Social Club deemed it appropriate 10 iiithhold their rental paN-menls and as a result the Association soucyht professional legjal advice Ihrou(yh Brioht Solicitors ii.ith regjards to the apparent -"stalemale Adi'ice il'as proi-ided and '1< rious actions recommended but giji'en the lono standin2 relationship betiieen some menibers oft. the Association Committee and the Social Club il li'as not possible to Secure comniitlee approi'al formalli. to acl in accordance ii'ith the professional adi'iee gJji-en. Kirslen El'ans etTorts ii-ithin the association kilchen hai'e continued to be iielcomed and reeo(Jnized. ii"hilst proi'idinL7 calerin2 requirements to users such as iiaLes and prii'ate lunLtions. The financial support to the Social Club ii'hich il'as prei'iousl!" eNlended through
WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION TRUSTEES. ANNUAL REPORT (CO11¢} YEAR ENDED 31 OCTOBER 2024 this ineome source. i.e. the income receii-ed from Kirsten in lerms of her-"Kilchen Rent": havino been pre.[OUSl}- donaied to ihe Social Club ceased once the Social Club failed to meet Iheir responsibilities as tenanis iiiih regards to prei'iousj agreed rental pai-ments. The desire of the Association Committee remains to focus upon the Sports and Community Association's actii'ilies and responsibilities ii'hilsi alloii'ints the Social Club to focu5 on its oii'n business planning,. thus maintaining the appropriate ii'orkingF relationship and balance Eetiieen the tii'o oriFani5ations. Sadli.. Ihe precartOUS situation that the Social Club finds itself in and ii'hich has been il'ell documented remains and this cannot continue indefinitelN'. FINANCIAL REVIEW £jj,?8? il'as receii.ed b), the chariti-: durino the period from charitable acliTrilies. Eipenditure of £16:iiO il-as incurred: leai'inu a nei surplus of funds of £1 8.7)? for the period after charging £)40 for depreciation. RESERVES The Trustees beliei'e thal the currenl lei'el of reSe-e5 is appropriate in order lo safeLJuard ihe Association s financial position for the foreseeable future.
WESTON MILL OAK VILLA SPORTSAN'D COMMUNITY ASSOCIATIOIN TRUSTEES, ANNUAL REPORT YEAR ENDED 31 OCTOBER 2024 PLAh'S FOR FUTURE PERIODS In previous years the big unk-nown factor ivas ivhetheT or nol th¢ much talked about and long running saga of the proposed ASDA development ivould make any progress? As ive approach the end of the current Financial Year and look- forward io ?0?5. it ivould appear that further progrre5s is noiv being made iyith the Defv¢loper. ASDA and Plymouth City Council having rcached a firm agreement and signing contracts to that efTect. A Public Consultation is scheduled within the foreseeable future. Ivhich ivill outline the Future Plans for ihe site to the Local Community and our currenl us¢rs. The Association's planning and financial decisions. &s always b¢ largely influenced by this bul in the m¢antime, Ive have a largely improved asset following the significanl capital investment of r¢cent year5 and the "bonus" of the ongoing arrangement iviih Morgan Sindall CoRstruction ivho have hired oul space ivithin the on-site Car Park. The much ivelcomed funds which the latter has produced has enabled the Association to build a.ring fenced" Capital Fund, Ivhich we anticipat¢ i¥ill be much needed for Capital ExndItUre once the Development Project has been concluded. The trustees, annual report was approved on .................... ......... board of truslees by.. and signed on behalf of the Mr D Rickard (Chairman) Mr M Davies {Tr¢asurer)
WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRIISTEES OF WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION YEAR ENDED 31 OCTOBER 2024 I report to the trustee5 on m!. examination of the financial stalemenls of Weston Mill Oak- Villa Sports and CotnmunitN' Association I'the charits-'} for the }-ear ended i l October ?0?4. RESPONSIBILITIES AND BASIS OF REPORT As the Iruslees of the charilN' l'ou are responsible for the preparaiion of the financial statements in accordance ii-ith the requirements of the Charilies Act ?01 l ("the Act"). I report in respect of m), examination of the charil} s fInancial slatements carried out under section 14) of the ?01 l Act and in cam"ing7 Out mi. examination I hai-e folloii'ed all the applicable Directions ?ii'en bl- the Charii!- Commission under seciion 14i(i)(b) of the Act. INDEPENDENT EXAMINER'S STATEMEiYr I hai'e completed m). examinalion. I confinn that no maierial malters hai.-e come Io Tny attention in connection M-ith the eiaminaiion oii'ino me cause lo beliei-e that in an). material respect.. aecounlino records ii-ere not k.epl in respect of the charilN' as required bj. seciion 130 of ihe Acl- or the financial statements do noi accord ii'iih those records- or the financial statemenls do nol compl!. iiith the applicable requirements concernin¥ the fonn and content of accounts sel oul in the Charilies (Accounls and Reports) Regjiilations ?008 other than anN- requirement that the aecounts oiie a -true and fai -ieii- ii.hich is not a matter considered &s part olan independent examination. I hai'e no concerns and hai-e come across no other maiter5 in connection M'ith ihe eiamination to w'hich attention should be draiin in this report in order to enable a proper understanding of the accounts to be reached. Mr Ashlei. Smith FCCA Independent Examiner Morn'al Looe Cornw'all PLIJ IPN
WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION STATE1lENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 ocfoBER 2024 2024 Unrestricted funds Total funds Total funds ?023 Note Income and endowments Donations and leiJacies Income from eharithble actii'ities ?7.77? Total income 35,282 Eipenditure Expenditure on raisino funds". Costs of raising donations and legacies Expenditure on charilable actii'ities Total expenditure 190 ?0.818 16.5iO 16.iio 16.iio 16,iiO 21.008 Net {¢xpenditure)lincome and net moi'ement in funds 18.73? 18,732 7.184 Reconciliation of funds Tolal funds broug,ht foThiard Total funds carried forn'ard 233,280 2?6.096 ? j?.01 ? 252,012 The statement of financial actii'ities includes all iJains and105ses recognised in the }'ear. All income and expenditure derii-e from conlinuingJ actii'ities. The notes on pages 10 to li form part of these financial statement5.
WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL POSITION 31 OCTOBER 2024 2024 20?3 Note FIXED ASSETS TaniTible fiNed assets 13 199,584 200.1 ?4 CURRENT ASSETS Cash al bank and in hand 53.721 34.216 CREDITORS: Amounts falling due ii'iihin one l'ear 14 1,293 1.060 NET CURRENT ASSETS 52,428 33.li6 TOTAL ASSETS LESS CLIRRENT LIABILITIES 2i2,012 233 ?80 FUNDS OF THE CHARITY Unrestricied fund5 2)2,012 2>2,012 Total charih. funds 16 233 ?80 The financial statements iiere approi-ed b!. the board of trustees and authorised for issue on i S1..f&iikn.i-.%nd are siuned on behalf olthe board by: Mr D Rickard (Chaimlan) Mr M DaN'ies (Treasurer) The notes on pages 10 to 15 form part of these financial statements.
WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 ocfoBER 2024 GENERAL INFORMATION The chariti. is a public benefil entitN- and a regislered chariti" in Enoland and Wales and is unincorporated. The address of the principal office is Femdale Road. Weston Mill: Pls'mouth. Dei"on. PL? ?EL. STATEMENT OF COMPLIANCE These financial statements hai'e been prepared in compliance ii.ith FRS I O? 'The Financial Reportin(7 Siandard applicable in the UK and the Republic of Ireland,: the Statement of Recomtnended Practice applicable to charities preparingT their accounts in accordance ii'ith Ihe Financial Reportinu Standard applicable in the UK and Republic of Ireland (FRS 10?) (Charities SORP {FRS I O?)) and ihe Charities Act 2011. ACCOUNTING POLICIES BASIS OF PREPARATION The financial statements hai'e been prepared on Ihe histortcal cost basis. as modified b>. the rei'alualion of certain financial assets and liabililies and ini"estmenl properties measured at fair i'alue through income or elpettdilure. The financial statements are prepared in sterling. ii'hich is the functional currenc). of the entits,. GOING CONCERN There are no material uncertainties aboul the chants s abilili" to continue. FUND ACCOUNTING Unreslricted funds are ai'ailable for use at ihe discretion of the trustees to further an>. of the charity s purposes. INCOIMING RESOURCES All income is included in the statement of flnancial actii'ities ii'hen entitlemeni has passed to the chariti.. it is probable that ihe economic benefits assoeiaied ii'ith the Iransaeiion ii'ill floii. to ihe charitN" and ihe amount can be reliabli. measured. The folloii.ingi specific policies are applied to particular calegories of income- income from donations or grants is recoonised ii-hen there is ei'idence of entitlenient to the gsjft. receipt is probable and ils amount Lan be measured reliabli-. io-
WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS f4vmi- YEAR ENDED 31 OCTOBER 2024 ACCOUNTING POLICIES f¢oA&tttse4J RESOURCES EXPENDED Expenditure is recoiynised on an accruals basis as a liabilit!. 15 incurred. Expenditure includes an!. VAT ii'hieh cannot be fulli. recoi-ered. and is classified under headings of the statement of tinancial aciii'ities to ii'hich it relales.. e_xpenditure on raising funds includes the costs of all fundraisin2 activities. ei-ents, non_charilable tradincy actii'ities. and the sale of donated Lioods. expenditure on charitable actii'ities includes all costs incurred b!- a charit}, in undertaking actii'ities that further ils charitable aims t.or the benefit of its beneficiaries. includiniF those supwrt costs and costs relating? lo the ooi'.ernance of the charity. apporttoned io charilable actiN-ities. other eipenditure includes all expenditure thai 15 neither related to raisino funds for the charits. nor part of its eipenditure on charitable actii'ities. All costs are allocated io e.Kpendilure categories Teflecting the use of the resource. Direct costs attributable to a sintile a¢iTI'its' are alloeaied directl!- to that a¢tii'it)'. Shared Costs are apportioned beiw'een the aclii'ities the!, contribute to on a reasonable. justifiable and consistent basis. TANGIBLE ASSETS Tangyible assels are initiall}. recorded at cost. and subsequenil>' stated at cost less an}- acciimulated depreciation and impainnent losses. Ani- tanoible assets carried ai rei'alued amoLints are recorded at the fair i'alue at the date of rei'aluation les5 an5, subsequenl aecuniulated depreciation and subsequent accumulated impairnient losses. An increase in the cam'iniy amount of an asset as a result ora rei"aluation. is recogJnised in othLr recognised Olc ins and losses. unless il rei-erses a charue for inipaim)enl thal has prei'ioiisl!. been recoonised as eipenditure iiithin the slalement of financial actiN'ilies. decrease in the carry'ino amount of an asset as a result of reialuation. is recoiJni5ed in other recoL?nised gains and105ses. eicept to ii.hich it offsets an!" prei'ious rei'alualion Qain: in ii.hich case the Ioss is 5hoii'n ii'ithin other rec02nised bJains and losses on the statement or rinancial aetii'ities. DEPRECIATION Deprecic1tion is calculaled so as to iiTile off the cosi or i-alualion of an asset. less ils residual i'alue. oi-er the uset.ul economic life of that a55et as folloi%s= Equipment l O % reducinu balance
WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (conÉiwd) YEAR ENDED 31 OCTOBER 2024 ACCOUNTING POLICIES (eWttiM¢J GOVERNMENT GRANTS Goi'ernment LFrants are reco(Jnised at the fair i'alue of ihe asset receii'ed or receii'able. Grants are not recognised uniil Ihere is reasonable assurance that the charity. ii'ill eompl}' -ith the conditions attachints to them and Ihe g7ranls ii'ill be receii'ed. Where the cirant does not impose specified future perforniance-related conditions on the recipient. it is recognised in income ii'hen the L7rant proLeed5 are reLeii'ed or receil'able. Where the urant does impose specified future perfom)anee-related conditions on ihe recipient: il is recog?nised in income onl!. i%"hen the perfomiance-related conditions haN'e been mel. Where gJrants receii-ed are prior to salisft'ino the rei'enue recoginition eriteri thei, are reco(Fnised as a liabilit}-. DONATIONS AND LEGACIES Unrestricted Total Funds Unreslricied Total Funds Fund5 2024 Funds DONATIONS SB Oak Villa FC Old Techs RFC 140 140 GRANTS Goi'emmenl grant income 4?0 4?0 INCOME FROM CHARITABLE A1VITIEs Unreslricted Total Funds Unreslricted Total Funds Funds 2024 Funds 20?3 Social Club rent Hire of hall and rents (net of refunds) Pitch Fees/Hire Hire ofcompound TV aerial rent Christmas & oiher raffles Quiz nicyhts 400 400 i.ioo 24,216 ??1 j.?70 l.iOO i.030 -800 j.?70 l.iOO 1,800 1.086 1,086 1.090 141 1.090 141 3),282 ?7.77? 12-
WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL sTATE1lENTs (COnffiwdJ YEAR ENDED 31 OCTOBER 2024 COSTS OF RAISING DONATIONI S AND LEGACIES Unrestricted fotal Funds Unreslricted Total Funds Funds 2024 Funds Christmas & oiher raffles 190 190 EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND TYPE Unrestricted fotal Funds Unrestricled Total Funds Funds 2024 Funds Direct association expenses Donations 16.088 46? 16,088 462 ?.489 ?,489 20.818 16.iio 16,5iO ?0.818 ANALYSIS OF GRANTS 2024 ?0?3 GRANTS TO INSTITUTIONS Donaiions to Social Club re repairs: utilities eic St Lukes Hospice donation Miscellaneous donations 262 200 ?06 462 ?.489 Total grants 462 ?.489 NET (EXPENDITURE)llNCOME Nei (e.lpenditu)I1ncOme is $ted after charging/{crediting).' 2024 Depreciation of tangible fi.xed assets i40 i99 10. INDEPENDENT EXAMINATION FEES 2024 20?3 Fees pavable to the independent examiner for: Independent eiaminalion of the financial statements 343 330 13-
WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTSicohrfnkedJ YEAR ENDED 31 OCTOBER 2024 11. STAFF COSTS The averdoe head count of emplol'ees dunno the N"ear "aS Nil (?0?3: Nil). No emplo)'ee receii'ed emploi-ee benefits of more than £60.000 durino the )'ear (20?3: Nil). 12. TRUSTEE REMUNERATION AND EXPENSES No remuneration or other benefits from emploi'ment ii-iih the charity, or a relaled entity "er¢ receii'ed b}. the trustees. 13. TANGIBLE FIXED ASSETS leasehold propertv Equipment Total Cost At l Noi"ember 2023 and 31 October 2024 194.7?9 ?8.808 223,i37 Depreeiation At l Noi'ember ?0?3 ChariJe lor Ihe )'ear At 31 Oetober 2024 ?j.413 540 23,41.1 i40 ?j.9j3 23,9)3 Carn'ing amount A131 October 2024 194.7?9 4.8)5 199,584 200,1?4 At J l October ?0?" 194.7?9 i.395 14. CREDITORS: Amounts falling due ii.ithin one l'ear 2024 Trade Creditors ,293 1.060 15. GOVERNMENT GRANTS The amounts reeoiJnised in ihe financial stalements for goi,'emnienl oranls are as folloH's'. 2024 ?0?3 Recognised in income from donations and leoacies-. Goi'emrnent orants income 14-
WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 OCTOBER 2024 16. ANALYSIS OF CHARITABLE FUNDS Unrestricted funds At l Noi'ember ?0?3 At 31 October 2024 Income Elpenditure General funds (16:iiO) 2i2,012 At l NoN'ember ?0?? At 31 October Income Eipenditure General funds ??6.096 ?8.19? (?1:008) ?33.280 17. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Total Funds Funds 2024 Tangible fi.xed assets Current assets Creditors less than I vear 199.i84 j3.7?1 (1 ?93) ?)?.012 199,>84 i3,721 (1,293) 2)2,012 Net assets Unreslricted Totsl Funds Funds Tangyible fixed assets Current assets Creditors le5S than l }'ear Net assets ?00.1?4 200.1?4 {1.060) 233 ?80 (1,060)
WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION MANAGEMENT IINFORMATION YEAR ENDED 31 OCTOBER 2024 The folloii'ino pages do not form part of the financial statements. 16-
WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION DETAILED STATEMENT OF FINANCIAL AcfiviTIES YEAR ENDED 31 OCTOBER 2024 2024 ?0?3 Income and endow'ments Donations and legacies SB Oak Villa FC Old Techs RFC PCC CoN'id-19 Support Grant ?80 140 4?0 Income from charitable aetii'ities Social Club rent Hire of hall and rents (nel of refunds) Pitch FeeslHire Hire of compound TV aerial rent Christmas & other raffles Quiz niohts 400 24,216 i,030 1,800 2,7iO 1.086 3,800 1.500 2,7iO 1,090 141 27,77? Total income 3),282 Eipenditure Costs of raising donations and leo2¢jes Purchases 190 Expenditure on charitable actii'ities Rent Rates and ii?ter Li(yhi and heat Insurance Repairs and maintenance LeLJal and professional fees Other office costs Depreciation DonatiOTtS Ground maintenance ,109 4.091 249 3,173 2,797 693 117 540 462 3J19 1.109 ?.708 1.860 10? i99 ?.489 3,118 16,iiO ?0.818 Total expenditure 21,008 ?1.008 17-
WESTON MILL OAK VILLA SPORTS AND COMMUNITY ASSOCIATION DETAILED STATE1lENT OF FINANCIAL ACTIVITIES (cvmin4ed) YEAR ENDED 31 ocfoBER 2024 2024 ?0?3 Net (eipenditurc)lincome 18,732 7.184 18-