Charlty reglstration number 269897 (England and Wales) BUGBROOKE SPORTS AND COMMUNITY CENTRE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
BUGBROOKE SPORTS AND COMMUNITY CENTRE LEGAL AND ADMINISTRATIVE INFORMATION Trustees Dr Paul Cockcroft Mrs W Barton Mr BS Curtis Mr J Chapman Mr P Bignell Mr BM Curtis Mr D Harries Mr D Hyde (Appointed 28 January 20261 Charity registration Engla1 and Wales 269897 Indopendgnt frxamlner Jervis & Partners 30 Hart)orough Road Kingsthorpe Northampton NN2 7AZ
BUGBROOKE SPORTS AND COMMUNITY CENTRE CONTENTS Page Trustees, report Independent examinerfs report Stalemenl of financial activities Balance sheet Noleslo the financial slalements 6-14
BUGBROOKE SPORTS AND COMMUNITY CENTRE TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2026 The trustees present their annual report and finanoal slatemenls for the year ended 31 March 2026. The financial slalemenls have been prepared in accordance the accounting policies sel out in note 1 to the finanual statements and comply with the Irusf5 governing dument. Ihe Charities Acl 2011. FRS 102 "The Financial Reporting Standard applicable in the UK and Republic ol Ireland- and the Charities SORP 'oUntIng and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordar} wth the Finanaal Reporbng Stsndard applicable in the UK and Republic ol Ireland IFRS 1 Q21". Objectlves and actlvStles The main objectives ol the charity ale lo provide and maintain the community centre and playing fEld for the use of the inhabilanls of Bugbrocske. Public benefit The ¢(uslees have paid due regard tr) guidance issue(1 by the Charty Commission in deciding whal activities the trust should undertake. Achlevemenls and perfomiance Swni1ant activities and achievements agaAnsl obieclwes The officers and Iruslees are satisfied th the progress and achievements lo date. Flnan¢lal revlew ReseN&s policy It is the policy of the trust Ihal unrestricted funds which have not been desKJnaled for a specific use should be mainlained at a level equivalent to between three and six month's expendrture. The Iruslees consider that reserves at this level will ensure that, in the evenl of a significant drop in funding. they wll be able lo continue the Irusl's current activities whiSe consideration is given to ways in which addilional lunds may be raised. This level of resetves has been maintained throughout the year. Structur&, governance and manag&m&nt The charity is contsolled by ils goveming document. a deed of trusl dated 15 Awsl 1977, and con*ilules an unincoporaled charity. Dr Paul Cockcroft Mrs W Barton Mr Bscurtis Mr J Chapman Mr P Bignell Mf BM Curtis Mr D Harries Mr D Hyde (Appointed 28 January 20261 Recwkfftent and appoinlment ofts(eeS New Istee$ are encouraged lo attend approriate extemal training courses and meet key employees and other Iruslees.
Draft Financial Statements at 11 June 2026 at 10:45:58 BUGBROOKE SPORTS AND COMMUNITY CENTRE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 The trustees, report Wd$ approved by the Board of Trustees. Dr Paul Cockuoft Trustsè
BUGBROOKE SPORTS AND COMMUNITY CENTRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BUGBROOKE SPORTS AND COMMUNITY CENTRE I report to the trustees on my examination of the finarrial statements of Bugbrooke Sports and Community Centre Ilhe Irustl fc)r the year ended 31 Mai¢h 2026. Responslbllltles and basis of report As the Iruslees of the trust you are spOnble for the preparation of Ihe financ4al slalements in acwdance with the requirements of the Charities Act 2011. I report in respect of my examination of the Irusl's financial stalemenls carried Jt under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Oiwtions given by the Charity Commiswon under section 14515llbl of Ihe Charilies Acl 2011. Independent examlner's statement Your attention is drawn to the facl that the charity has prepared the financi81 statements in accordance with the relevant version of the Slalemenl of Recommended Practice applicable lo d)arilies preparing their financial slalemenls in accordance wlh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and Reportin9 by Charities. Slalemenl of Rewmmended Practice issued Dn 1 April 2005 which is referred lo in the extant regulations but ha5 now been thdraWn. l understand Ihal this has been done in order for Ihe financial statements lo provide a true and fair view in accordance with UK Generally Accepted Accounting Pradice. I have completed my examination. I confimi Ihal rw) matters have come to my attention in connection wth the examination giving me cause lo believe ihat in any material respect.. accounting records were not kept in respect of the trust as required by section 130 of the Charilies Act 2011. the financial statements do not accord with those records", or Ihe financial slalemenls do not comply the applicable requirements concerning the fomi and conlenl ol financial statements sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial slalemenls give a true and fair view, which is not a matter considered as part ol an independent examination. I have no concerns and have come across no other matters in connects'on wth the examination lo which allenlion should be drawn in this report in order to enable a proper understanding ofthe finanaal statements to be reached. Jervls & Partners 30 Haiborough Road Kingslhorpe Northampton NN2 7AZ 15 June 2026
BUGBROOKE SPORTS AND COMMUNITY CENTRE STATEMENT OF FINANCIAL ACTIVITIES IINCLUDING INCOMEAND EXPENDITUREACCOUNTI FOR THE YEAR ENDED 31 MARCH 2026 Unrestrlctgd Restrlcted funds funds 2026 2026 Total Unrestricted Restricied funds funds 2026 2025 Total 2026 2025 Notes Income and endovmients from: Donations and legacies Charitsble activities Other income 132 132 57.824 873 150 150 53,348 715 57.824 53,348 873 715 Total Income 57,824 1.005 58.829 53,348 54,213 Expendlture on: Raising funds Charitsble activities 74,847 88 74,847 88 45.739 1.440 45,739 1,440 Total expendltur• 74,935 74,935 47.179 47,179 Net Incornellexpendlturel and movement In funds (17.111) 1.005 116.106} 6.169 7,034 Reconciliat5on of funds.. Fund balance5 at 1 April 2025 229.021 8.536 237.557 222.852 7,671 230,523 Fund balanc9$ at 31 March 2026 211.910 9,541 221,451 229.021 8,536 237,557 The slalemenl of financial activities indLKles all gains and losses recognised in the year. Ml income and expendilure derive from continuing activities.
Oraft Financial Statements at 11 June 2026 at 10'.4S:58 BUGBROOKE SPORTS AND COMMUNITY CENTRE BALANCE SHEET ASAT31 MARCH 2026 2026 2025 Fixed assets Tangible assets 13 140272 144,164 Current assets Debtors Ca$h al bank and in hand 14 3.832 90,485 74.445 83.734 94,317 Creditors: amounts falling within onè year 15 12.555) 19241 Net current assets 81.179 93,393 Total assetsloss Current liabilltles 221.451 237,557 Thè funds of the trust Reslricled income fuMIs Unrestricted funds 16 17 9.541 211.910 8,536 229,021 221,451 237,557 IS ?£)Z£ The finanaal statements were approved by Ihe truslees on........ ....... Dr Paul Cockcroft Twstee
BUGBROOKE SPORTS AND COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Ac¢ountlng pollcles Charlty Informatlon Bugbrooke Sports and Community Cenlre is a Charitable Twsl. 1.1 Basls of preparatlon The financial statements have been prepared in accordance the Irusl's governing document, the Charities Act 2011, FRS 102 Vhe Financial Reporting Stsndard applicable in Ihe UK and Republic of Ireland" and the Charities SORP "Accounling and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing Iheir accounts in accordance the Financial Reporting Siandard applicable in the UK and Republic of Ireland IFRS 102}" The trust is a Public Benefit Entty as defined by FRS 102. The trust has taken advantage of the provisions in the SORP for charities not to prepare a statem1 of cash llows. The financial slalements have departed from the Charth"es {Aecounts a1 Reports) Regulations 2008 only lo the extent required lo provide a true and fair view. This departure has involved following the Statemenl of Recommended Pfactice for charities applying FRS 102 rather than the version of Ihe Statement of Recommended Practice which is ferred to in the Regulations but vknich has since been wthdrawn. The financial statements are prepared in slerfing. vknich is the functional currency of the Irusl. Monetary amounts in these financial slalements are rounded lo the nearest È. The financial statements have t*en prepared Uer the historical cost convention, Imodified lo include the revaluation of freehold properties and lo indude inveslmenl properb'es and rtain financial inslrLments al fair valuel- The prinapal auntIng policies adopted are set out below. 1.2 Golng con¢ern Al the lime of approving the financial statemenls, the tnjstees have a reasonable expectation that the trust has adequate resources to continue in operational eStenCe for the foreseeable future. Thus the IrLh%lees ntinue to adopt the going concem basis of accountin9 in preparing the finanaal stalemenls. 1.3 Charitable funds Unrestricted funds are available for use * the disuetion of the twstees in furtherance of their charitable objectives. Restricted funds are subjed lo specific conditions by donors or grantors as lo how they may be used. The purFK)ses and uses of the reslricled funds are set out in the notes to the financial stalemenls. Endowment furKls are subject lo speerfic conditions by donors th81 the capital must be maintained by the Irusl. 1.4 Income Income is recogni5ed when the trust is legally enlilted lo il after any performance conditions have been mel, the amounts can be measured reliably, and il is piobable that income will be received. Cash donations are recniSed on receipl. Other donatiorbs are recognised once the trust has been notified ol the donation. unless performance Conditions require deferral of the amount. Income lax recoverable in relation lo donations received under Gift 'd or deeds of covenant is renised at the time of the donation. Legacies are recognised on receipt or olherwse if the trust has been nottfted ol an impending distribution, the amount is known, and receipt is expected. If the amounl is not kn(v. the legacy is treated as a contingent asset.
BUGBROOKE SPORTS AND COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Accountlng poll¢lgS Icontlnuedl 1.5 Expenditure Expenditure is recognised once the is a legal or constructive obligation lo transfer economic benefil 19 a third party, il is probable that a transfer of economic benefits will be required in setllemenl, and the amount ol the obligation can be measure(I reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of dIrt costs and shared costs, including support costs involved in undertaking each activity. Direct costs altribulae lo a single activity are allocated directly lo that activity. Shared costs which contribute lo more than one aclivily and support costs which are not allribulable to a single acts.vity ale apports.oned between those activities on a basis Gon&stenl wth the use of resources. Central staff costs are allccated on the basis of ts'me spent. and depreciation charges are allocated on the portion of the asset's Use. 1.6 Tanglbl• flxed as$¢ts Tangible fixed assets are inrtially measured at cost and subsequenty measured al cost or valuation. net ol depreciation and any impairment losses. Depreciation is recogni5ed so as lo write off the cost or valuation of assets less Iheii residual values over theif useful lives on the followng bases". Community centre Buildings Bowlirig green Plant & mathinery Fixture5 & fittings Improvements lo propety Rugty dub buildings 21 years 21 years NIA 20% reducing balance 10% straight line NIA 21 years The gain or loss arising on the disposal of an asset is delemined as the dIffenCe between the sale proceeds and the carrying value of the asset. and is recogni5ed in the slalemenl ol financial activitses. 1.7 Impalrment of flxgd assets Al each reporting end date. the trust ViewS the carrying amounts of its tangible assets lo detemiine whether there is any indication that those a55els have suffeied an impairment loss. If any such indication exists, the recoverable amounl of the asset Is estimated in oidei to determine the extent of the impairmenl loss lil any). 1.8 Cash and cash equlvalents Cash and cash equivalents include cash in hand. deposits held al call vh banks, other short-lerm liquid investments with original maluiilies of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowngs In current liabilities. 1.9 Flnancial Instruments The Irusl has elected lo apply the provisions of Section 11 'Basic Finanoal Instruments, and Section 12 '01her Financial Instrumenls Issues, of FRS 102 to all of its financial instruments. Financial inslfumenls are recognised in the trust's balance sheet Ihe trust becomes p8rty lo the contractual provisions of the inslrumenl. Financial assets and liabilities are offset, wlh the nel amounts pSented in the finanaal slatemenls, when there is a legally enforceable rh1 to Set off the iecognised amounts and the is an intention lo sellle on a nel basis or lo realise the asset and sellle the liabtirty simultaneously.
BUGBROOKE SPORTSAND COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Accountlng pollcles {Contlftued} Basie financialassets Basic finanaal assets, bvhich indude debtors and cash and bank balances. are initially measured at Ifansaclion price induding transaction costs arKI are subsequently carried al amortised cost using the effective interest method unless the artangemenl conslitules a financing transaction. where the transaction is measured al the present value of the lulure receipts discounted al a market rate ol interest. Financial assets ¢las&fied as receivable wthin one year are not amortiseij. Basic financial liabilities Basic financial liabilities, including creditors and bank108ns are Initial recognised at transaction price unless the arrangement conslilules a financin9 transaction, where the debt instrument is measured al the psent value ol the future payments discounted al a market rate of interest. Financial liabilities classfied 8$ payable thin one year are not amortised. Debl instruments are subsequently carried at amortised cost. using the effecbve inleresl rate method. Trade creditors a obligations lo pay for gwds of servsces that have been acquired in the ordinwy murse of operations from suppliers. Amounts payaWe are classified as Crn1 liabilities if payment is due within one year or less. If not, they are presented as non-currenl liabilities. Trade creditors are ¥ecognised initially al 1ransacts.on price and subsequently meaSUd at amortise(I cost using the effective interest method. Derecognition of financial IITabilities Financial liabilities are defecognised when the trust's contractual obligations expire or are discharged or cancelled. 1.10 Employee benefits The cost of any unused holiday enlitlemenl is recognised in the perK)d in which the employee's services are received. Termination benefits are rec¢yJnised immediately as an expense when fv trusl is demonslrably commilled lo lerminale the employment of an employee or lo provide lemiination benefits. Crltlcal accountlng estlmatss and ludgements In the applic81ion of the trust's accounting policies, the trustees are required lo make judgements, estimates and assumptions about the carrying amounl of assets and liabilities that are not readily apparenl from Dther sources. The estimates and associated assumptions are based on histortal experience and other factors that are considered to be relevant. Actual results may diffei ftom these e$"MateS. The eslimales and undeilying assumptions are reviewed on an ongoing basis. Revisions lo accounting e51irnale5 are recognised in the period in which the estimate is fewsed where the revision affects wly that period, or in the period of the revision and flrtU periods where the re¥Asion affects both current and future periods. Incom¢ from donatlons and legacies RtrIcted funds 2026 Restricted funds 2025 Donations and gifts 132 150
BUGBROOKE SPORTS AND COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Income from charltable acllvltles Unrestrlcted Unrestricted funds funds 2026 2025 Sale of goods Services provided under contract Sales ol services by beneficiaries Performance ielated grant5 Anc411ary trading income 51,527 2.026 3,360 870 41 48,725 4,421 202 57,824 53,348 Analysls by fund Unreslricled funds 57.824 53,348 Other Income Restrlcted fund$ 2026 Restrfcled funds 2025 other income 873 715 Expgndlturn on ralslng funds Unrestricted Unrestrlcted funds funds 2026 2025 Tradlng costs Support cosis 74,847 45.739 Expendltur¢ on charltable activities Unrestricted Unrestricted funds funds 2026 2025 Direct costs Purchases 88 1,440 Analys15 by fund Unrestricted funds 88 1,440
BUGBROOKE SPORTS AND COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Support ¢o$ts allocated to actlvltles 2026 2025 Staff costs Rates and water Insurance Light and heal Repairs and maintenance Sundries Telephone and IT Donations Governance costs 14,514 4,202 3.831 9.359 34.763 1.253 1.284 30 5,611 11,034 3.995 12,977 611 11,361 5,761 74,847 45,739 Analysed between: Fundraising 74,847 45.739 Netmovement In funds 2026 2025 The net movement in frjnds is stsled after chargingllcrediti'ng}= Fees payable for the independenl examination of the charity's finanoal slalements Depr&ciation ofowned tangible fixed assets 3,892 4.203 10 Trustees None of the trustees lor any persons connected wilh Ihem) received any remuneration benefrts from the Iiusl during the year. 11 Employees The average monthly number of employees during the year was.. 2026 Numbor 2025 Number Employment Costs 2026 2025 Wages and salaries 14,514 11,034 There were no employees whose annual remuneration was more lh £60.000. 10-
BUGBROOKE SPORTS AND COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED> FOR THE YEAR ENDED 31 MARCH 2026 11 Employees (Continued) Rernuneratlon of key management personnel No employee received benefits of more than £60.000. 12 Taxatlon The ¢harily is exempl from laxabon on its activities because all its incc¥ne is applied for charitable purposes. 11
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BUGBROOKE SPORTS AND COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 14 Debtors 2026 2025 Amounts falllng due vlthln one year- Trade debtors other debtors 4,678 4,611 3.831 9.289 3,832 16 Credltors: amounts falllng due wlthln one year 2026 2025 Other taxation and social securty Trade creditors Acc(uals and deferred income 871 1.200 924 2,555 924 16 Restrlcted funds The restrided funds of the charty comprise Ihe unexpended balan$ of donaknons and grants held on trust subject lo specific conditions by donors as to how they may be used. At 1 Aprll 2025 Incoming At 31 March resources 2026 8.536 1,005 9,541 Prevlous yèar. At 1 April 2024 Incoming At 31 March resources 2025 7,671 865 8.536 17 Unrgslrl¢tgd funds The unrestricted funds of the charity comprise Ihe unexpended balan$ of donations and grants which are not subject lo specific conditions by donors and grantors as lo how they may be used. These indude designaled funds which have been set aside out of unreslficted lunds by the Iruslees for specific purposes. At 1 Aprll 2025 Incomlng resources Resources At 31 March expended 2026 General funds 229.021 57.824 174,9351 211,910 13-
BUGBROOKE SPORTS AND COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR fHE YEAR ENDED 31 MARCH 2026 17 Unreslrlcted funds (Continued) Previous year: At 1 April 2024 Incoming resources Resources At 31 March expended 2025 General funds 222.852 53.348 147,1791 229,021 18 Analysls of net assets beiw&en funds Unrestricted funds 2026 Re$trlcted funds 2026 Total 2026 At 31 March 2026: Tangible assets Current asselsllliabililiesl 140,272 71.638 140,272 81,179 9.541 211.910 9,541 221.451 Unrnstrlcted funds 2025 Rgstricted funds 2025 Total 2025 At 31 March 2025: Tangible assets Curfenl asselsllliabilitiesl 144,164 84.857 144,164 93,393 8.536 229.021 8,536 237,557 19 Related party transactlons There were no disclosable related party transadions during the year12025 - none). 14-