Bob Carter Memorlal yO￿h and Lelsure Centre Trust
Charity No. 274110
Trustees, Report and Unaudlted Accounts
31 December 2024

' Bob Corter Memorlal Youth and Leisure Centre Trust
Ccintents
Pages
Trustees. Annual Report
Independent Examiner's Report
Statement of Financial Activities
2to3
Balance Sheet
Notes to the Accounts
7t014
Detailed Statement of Financial Activities
15to16
Page I

' Bob Qarter Memorfal Youth and Leisure Centre Trust
Trustees Annual Report
The trustees present thelr report with the unaudlted flnancial statements of the charity for the year ended
31 December 2024.
REFERENCE AND ADMINisfRATIVE D￿AlLs
Charlty No. 274110
Prln¢lpal Office
School Road
Drayton
Norwich
Norfolk
NR86DW
Trustees
The followlng trustees served during the year..
Chairman
J. Anderson
C. Brown
l. Cunnison
Treasurer
G. Everett
Resigned 21st May 202S
M. Harsley
H. Kisby
K. Rudkin
S. White
Resigned 21st May 2025
Resigned 21st May 2025
Key Management Personnel
Centre Manager
Accountsnts
MrAlan Karlson
Andrew Parker Associates Ltd
Unit 7
Beech Avenue Busines5 Park
Beech Avenue, Taverham
Norwich
NR8 6HW
Bankers
Barclay5 Bank plc
Drayton
Norwlch
Norfolk
NR8 6DN
Sollcltors
Mllls & Reeve
I St James Court
Whitefrlars
Norwich
Norfolk
NR3 IRU
Page 2

Bob Cgrter Memorfal Youth and Lelsure Centre Trust
Trustee5 Annual Report
Report forthe yearto 31 De￿rnber 2024
The year was Spent primarily on consolidating work be8an in the previou5 year, undertakin8 essential repairs
and completion of reviewing and updating policies.
Running costs of the centre are beglnning to become an issue with significant increase in ener8y costs.
National Llving Wage and National Insurance Contributions but at present they are not havlng significance on
the day-to-day operation of the Centre.
We have a 8ood working relationship with the Drayton Leisure Centre Club that is reporting a good Increase
in membership numbers, with the sale of food and drinks showing encouraging growth.
Many events have taken place during the year including hosting and supporting the local Food Bank in their
major fund makin8 event of the year. A special event, jointly staged with Drayton Parish Council was held to
commemorate the 80th anniversary of the tpday landings. Wartime memorabilia were exhibited; war time
food was made available and residents of local care homes attended.
Finally. l offer my thanks to manager, staff and fellow trustees for the support given in this difFi¢ult year.
Signed on behalf of the charity'5 trustees
erso
irman
July 2025
IL
Pa8e 3

'Pob Carter Memorial Youth and Lelsure Centre Trust
Independent Examiners Report
Independent Examinels Report to the tn￿tee$ of 8ob Carter Memorfal Youth and Leisure Centfe Trust
I report to the trustees on my examination of the financial statements of Bob Carter Memorlal Youth and
Leisure Centre Trust for the year ended 31 December 2024.
Responsibilltles and basis of report
A5 the charity's trustees you are responsible for the preparatlon of the financial statements in accordance
with the requirements of the Charities Act 2011 {%he Act'l.
I report in respett of my examination of the charity's financial statements carried out under section 145 of
the 2011 Act and in carrying out my examination I have followed all the applicable Dirertions given by the
Charity Commission under section 145{5llbl of the Art.
Indepe1￿ent examlner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect:
the accounting record5 were not kept in respect of the charity as required by settion 130 of the Act; or
the financial statements do not accord with those record5; or
the financial statements do not comply with the applicable requirements concerning the form and
content of financial statements set out In the Charities IAccounts and Reports) Regulations 2008 other
than any requirement that the financial ststements give a 'true and fair, view which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the financial
statements to be reached.
Andrew Parker FCCA
Andrew Parker Associates Ltd
Unit 7
Beech Avenue Business Park
Beech Avenue, Taverham
Norwich
NR8 6HW
02 July 2025
Pa8e 4

. Pob Carter Memorlal Youth and Lelsure Centre Trust
Statement of Financial Artl¥itie5
for the year ended 31 December 2024
Unrestrlrted
funds Totsl funds Total funds
2024
2024
2023
Notes
Income and endowments from:
Other trading activities
Other income
204,664
1.694
204,664
1.694
172.950
382
Total
206.358
206.358
173,332
Expendlture on:
Charitsble activities
Other expenditure
Total
4,251
249,756
4,251
249,756
5,011
236,614
254,007
254,007
241,625
Net gains on investments
Net expendlture
Transfers between funds
147,649}
147.6491
168,2931
Net expenditure before other galnsl(losses)
147.649}
147.6491
168,2931
Other galns and losses
Net movement in funds
147,6491
147,6491
168,2931
Reconciliation of funds:
Total fund5 brought forward
261,396
261,396
329,689
Totsl funds tarried forward
213,747
213,747
261,396
In the 2023 accounts the financial activities balance was understated by £573 (Accounts- £260,823) actual
balante1£261,3961.
PaBe 5

Bob Carter Memorfal Youth and Lelsure Cèntre Tn
Balance Shee¢
at 31 December 2024
Charity No. 274110
2024
2023
Flxed assets
Tangible assets
130,932
130.932
135,045
135.045
Current assets
Stocks
Debtors
Cash at bank and in hand
io
191
39,072
102.804
142,067
115.7161
126,351
li
32.454
76,849
IIYJ,303
126.4881
82.815
Credltors: Amount falling due within one year
Net current assets
12
Totsl assets les$ Current Ilabllities
213,747
213,747
261.396
Net assets excludlnz pen51on asset or Ilablllty
Total net assets
261.396
213,747
261,396
The funds of the charlty
Unrestricted funds
General funds
Designated funds
13
213,747
183.935
77,461
261,396
213,747
Reserves
13
Total fvnds
213,747
261,396
Approved by the trustee5 on 16 July 2025
And 51gned on their behalf by..
er
man
uly 2025
Page 6

ob Carter Memorial Youth and Lelsure Centre Trust
Notes to the Accounts
for the year ended 31 Decemtser 2024
l Accountin8 policies
8asi5 of PTeparatlon
The financial Statements have been prepared in accordance wlth Statement of Recommended practi￿..
Accounting and Reporting by Charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic if Ireland IFRS 1021 issued on 16 July 2014 and the
FSnancial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the
Charities Act 2011.
Change In basls of accountlng or to pre¥lous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since
last year and no changes have been made to accounts for previous years.
Fund accountln8
Unrestricted funds
These are available for use at the discretion of the trustees in furtherance of
the general objerts of the charlty.
These are unrestrirted funds earmarked by the trustees for particular
purpose5.
These are unrestricted funds which include a revaluation reserve representing
the reststement of investment assets at their market values.
These are available for use subjert to restrictions imposed by the donor or
through terms of an appeal.
Designated funds
Revaluation funds
Restrirted funds
Income
Recognition of income
Income is included in the Statement of Financial Activities ISOFAI when the
charity becomes entitled to. and virtually certain to receive, the income and
the amount of the income can be measured with sufficient reliability.
Income with related
expenditure
Where income has related expenditure the intome and related expenditure is
reported gross in the SOFA.
Donations and legacies
Voluntary Income received by way of grants. donations and gifts Is included in
the the SOFA when ￿CeiVable and only when the Charity has unconditional
entitlement to the income.
Income from tax reclalms is included in the SOFA at the same time as the
8iIVdonation to which it relates.
These are only included in income Iwith an equivalent amount in expenditure)
where the benefit to the Charity 15 reasonably quantifiable, measurable and
material.
The value of any volunteer help received is not included in the accounts.
This is included in the accounts when receivable.
This includes any gain or loss resulting from revaluing investments to market
value at the end of the year.
Tax reclaims on
donations and gifts
Donated services and
Volunteer help
Investment income
Gainslllossesl on
revaluation of fixed
assets
Gainslllossesl on
investment assets
Thls includes any gain or loss on the sale pf investments.
Page 7

Bob Carter Memorlal Youth and Leisure Centre Trust
Notes to the Accounts
Expendlture
Recognition of
expenditure
Expenditure is recognised on an accruals basis. Expenditure includes any VAT
which cannot be fully recovered, and is reported as part of the expenditure to
which it relates.
Expenditure on raising These comprise the costs associated with attracting voluntary income,
funds
fundraising trading costs and investment management costs.
Expenditure on
These comprise the costs inturred by the Charity in the delivery of its activities
charitable activitles
and services in the furtherance of its objects. including the making of grants
and governance costs.
All grant expenditure is accounted for on an actual paid basis plus an accrual
for grants that have been approved by the trustees at the end of the year but
not yet paid.
These include those costs associated with meeting the constitutional and
statutory requirements of the Charity, including any audit/independent
examination fees. costs linked to the Strategic management of the Charity,
together with a share of other administration costs.
These are support costs not allocated to a partlcular artivlty.
Grants payable
Governance costs
Other expenditure
Taxation
The charity Is exempt from tax on its charitable activlties.
Freehold investment property
Investment properties are MeaSu￿d initially at cost and subsequently at fair value at each balaftce sheet
date and are not depreciated. All gains or losses are taken to the Statement of Financial Artivities as
they arise.
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at
fair value which is the amount the tharity would have been willing to pay for the items ori the open
market.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equlvalents
Cash and Cash equivalents comprise cash at bank and on hand. demand deposlts with banks and other
short-temi highty liquid investments with original maturltles of three months or les5 and bank
overdrafts. In the ststement of financial posstion, bank overdrafts are shown within borrowings or
current liabilities. In the Statement of Cash Flows. cash and cash equivalents are shown net of bank
overdrafts that are repayable on demand and form an integral part of the company's tash management.
Trade and other credltors
Short term creditors are measured at the transaction price. Other creditor5 and provlslons are
recognised where the charity has a present obligation resulting from a past event that will probably
result In the transfer of funds to a third party and the amount due to settle the obligation can be
measured or estimated reliably. Creditors and provisions a￿ normally recognised at their settlement
amount after allowing for any trade discounts due.
Page 8

Bob Carter Memorlal Youth and Lelsure Centre Trust
Notes to the Accounts
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
leased assets
Where the charlty enters into a lease which entsils taking substantially all the risks and rewards of
ownership of an asset, the lease is treated as a finan￿ lease.
Leases which do not transfer substantially all the rlsks and rewards of ownership to charity are classified
as operating leases.
Assets held under finance lease5 are initially recogni5ed as assets of the charity at their falr value at the
inception of the lease or. if lower, at the present value of the minimum lease payments. The
corresponding liability to the lessor 15 included in the balance sheet date as a flnance lease obligation.
lease payments are apportloned between finance expenses and redurtion of the lease obligation so as
to achSeve a constant rate of interest on the remaining balance of the liability. Finance expenses are
recognised immediately. unless they are directly attributable to qualifying assets, in which case they are
capitslised in accordance with the charlty's policy on borrowing costs.
Assets held under finan￿ leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term.
In the event that lease incentives are received to enter into operating leases. suth Irbcentives are
recognised as a Ilability. The aggregate benefrt of incentives is recognised as a reduction of rental
expense on a straight-line basis.
Penslon costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a
pension plan under which the charity pays fixed contribution5 into a separate entity. Once the
contribution5 have been paid the charity has no further payments obli8ation5. The contributions are
recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance
sheet. The assets of the plan are held 5eparatsly from the charity in independently administered funds.
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recogni5ed within incoming resources and
expenditure at an estimate of the value to the charity.
Goin8 Concern
The financial statements have been prepared on a going concern basis as the trustees belleve that no
material uncertainties exlst. The trustees have considered the level of funds held and the expected level
of income and expenditLsre for 12 months from authorising these financial statements. The budgeted
Income and expenditure is sufficient with the level of reserves for the charlty to be able to contlnue as a
going concern.
Page 9

Boty Carter Memorlal Youth and Letsure Centre TNst
N(ite5 to the Accotsnts
2 Statement of Flnancial Actsvltles- prior year
Unrestrlrted
funds
Restrlcted
funds
Totsl fvnds
2023
2023
2023
Income and endowments from:
Other trading actlvities
Other income
172,949
382
172,949
382
Total
173,331
173.331
Expenditure on:
Charitable activities
189,217
52.407
189.217
52,407
Other expendlture
Totsl
241,624
241,624
Net income
168,2931
168,2931
Net inwme before other
galnslllosses)
Other gains and losses:
168.2931
168,2931
Net movement In funds
168.2931
168,293}
Reconaliation of funds:
Total funds brought forward
Total funds ￿rrIed forward
252,228
77,461
329,689
183,935
T/,461
261,396
3 Income from other tradln8 artSvltles
Unrestrkted
Total
Total
2024
2023
Rent from Club
11,496
39,044
11.496
39,044
8,857
37,657
Room Rentals
Sports Hall. Squash an(1
Equipment Hires
89,950
89,950
76,118
140,490
140,490
122,632
4 Other income
Unrestrkted
Total
Total
2024
2023
Interest Receivable
1.694
1,694
1,694
1,694
382
382
Page 10

Bob Carter Memorlal Youth and Le15ure Centre Trust
Note5 to the A¢counts
5 Expendlture on charitable a¢livitles
Unrestrlrted
Total
Total
2024
Governance costs
Accountancv
4,251
4,251
4.251
5,011
5,011
4,251
6 Other expenditure
Unrestricted
Total
Total
2024
2023
Employee costs
Premises ¢05ts
Amortisation, depreciation.
impairment, profitlloss on
disposal of fixed assets
General administrative costs
150.365
69.081
150.365
69,081
110,248
66,514
4,901
4,901
5.533
25,409
25,409
23,599
25,709
Legal and Professional costs
249,756
249,756
231,603
7 Net expendliufe before transfers
2024
2023
This is stated after charging-
Depreciation of owned fixed assets
8 stsff costs
4.901
5.533
2024
Salarles and wages
Penslon costs
149,795
570
150,365
110,248
110,248
No employee received emoluments In excess of £60,OC#J.
Page 11

Bob Carter Memorlal Youth and Lelsure Centre Trust
Notes to the Accounts
Flxtures
and
Fittings
Freehold Land
and Bulldln8S
9 Tanglble fixed assets
Totsl
Cost or revaluatlon
At l January 2024
Additions
At 31 December 2024
203,050
142,569
788
143.357
345,619
788
346,407
203.050
Depreclatlon and Impainnent
At l January 2024
75,699
134.875
210,574
Depreciation charge for the year
1,729
3,172
4,901
At 31 December 2024
77,428
138.047
215,475
Net book values
At 31 December 2024
At 31 December 2023
Net book values of assets held
under flnan¢e leases and hlre
purchase contracts and included
above
125,622
127,351
5.310
7,694
130,932
135,045
A 5 year lease granted in favour of the Drayton Leisure Centre Club from l January 2013 for the use of
the facilities occupied by them was rolled over with effect from 1st January 2018 for an annual rental of
£11.500. The Bob Carter Memorial Youth and Leisure Centre Trust. Drayton Youth Club and Drayton
Leisure Centre Club are separate bodies and are accounted for separately. A rent of £11,496 has been
agreed for the year ending 315t December 2024.
10 Stocks
2024
2023
Raw materials and consumables
191
191
Carryln8 value aThalysed by artivltles
2024
2023
Raw materials and consumables
191
191
Page 12

Bob Carter Memorlal Youth and Lelsure Centre Trust
Notes to the Accounts
11 Debtors
2024
2023
Trade debtors
Other debtors
Prepayments and accrued income
1,662
30.603
189
36,864
2,208
39,072
32,454
Debtors included a total of £30,603 12023: 36.8641 owing by Drayton Leisure Centre aub
12 Creditors:
amounts falling due within one year
2024
2023
Trade creditors
1,026
14,038
7,574
3,850
26,488
Other taxes and wcial security
Accruals
Deferred Income
5.713
10,003
15,716
13 Movement In fund5
Incoming
resource5
At31
December
2024
Resources
e¥pended
Ati
(Including
other
8alnsllosses)
January
2024
Restrlcted funds:
Unrestricted funds:
General funds
Deslgnated fvnds
183,935
77,461
206,358
1254,0071
136.286
77,461
Total funds
14 Analysls of net assets between funds
261,396
206,358
{254,0071
213,747
2024
Unrestrlcted
funds
2024
2024
Restricted
funds
Total
Fixed assets
Net current assets
130,932
76,572
207,504
130.932
82,815
213,747
6,243
6,243
Page 13

.Boh Carter Memorial Youth and ielsure Centre Trurt
Notes to the Accounts
15 Reconclllation of net debt
At31
At l January
2024 Cash flows
December
2024
Cash and cash equivalents
102,804
102,804
125,9551
125,9551
76,849
76.849
Net debt
102,804
{25,9551
76,849
16 Commltmenls
Operatlng leo5e commitfftertts
Annual commitments under non-cancellable operating leases are as follow5:
2024
2024
Land and
I￿lIdIng5
Other
Operating leases with expiry date..
Penslon commltments
2024
The pension cost charge to the charity
amounted to..
570
Page 14

Bob Carter Memorfal Youth and Lelsure Centre Trust
Detailed Statement of Flnandal Actlvities
Telephone, fax and broadband
2,232
30.310
2,232
30.310
2.879
29,132
Legal and professional costs
Retrospertive recharge adjustment
Solicitor's fees
Other legal and professional costs
30,624
61
35
30,720
Totsl of expendlture of other costs
Totsl expendlture
249,756
249,756
236.614
254,007
254.007
241,625
Net gains on investments
Net expenditure
147,6491
147,6491
168,2931
Net expendltvre before other galnslllosses)
147,6491
147,6491
168,2931
Other Gains
Net movement in funds
147,6491
147,6491
{68.2931
Reconclllatlon of funds".
Total funds brought forward
261,396
261,396
329,689
Total funds carrled forward
213,747
213,747
261,396
Adjustments to profft and loss figures
The previous accountants (Aston Shawl produced a journal in the 2023 to the reserve accounts
which did not balance. We therefore correrted this in the 2024 accounts by increasing wages and
salary by £5,181 & general expenses by £6,342.
Page 16