REGISTERED CHARITY NUMBER.. 274292
REPORT OF THE TRUSTEES AND
UNAUOITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FOR
EARLS COLNE RECREATION GROUNO
LB Group
The Ortagon
Suite E2
Middleborough
Colchester
Essex
COI ITG

EARLS COLNE RECREATION GROUND
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Page
Report of the Trustees
Indèpendènt Examlner's Report
ststèment of Financial Artivitiès
Balance Sheet
Notes to the Financial Statements
8 to 19
Detailed Statement of Financial Artivities
20 to 21

L4RLS COLNE RECREATION GROUND
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees preseni their report with the financial statements of the charity for the year ended 31 March 2024. The
trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in atcordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland IFRS 1021 leffectrve l January 20191.
08JECTIVES AND ACTIVITIES
Oblective5 and alms for the public benefit
The objective of the charity is to provide sports and recreational facilities to the general public.
The key aim is to ensu￿ that as many people as possible are able to benefit from the facilltles that the charlty can
offer.
The trustees have reviewed the outcomes and achievements of our objectives and activities for the year, to ensure
they remain focused on our charitable aims. and continue to deliver benefits to the public. We have complied with
the duly under the Charities Act 2011 to have due regard to public benefit guidance published by the Commission.
There is an accepted bellef by society that it is important that people of all ages are able to exercise and lead a healthy
lifestyle. The eharlty is able to play a role in this by providing facllities to help ensure that the general public can lead
such lifestyles. The buildlng conslsts of a two badminton court sports hall. two squash courts, lounge bar, a designated
fitness suite area, tommittee room, two sets of thanging rooms and toilets. reception area and kitchen.
The outside ground5 in¢lude a football pitch, football training arèas. tennis courts. cricket ground, and a Multi-use
Games Area IMUGAI for sports including football, walking football. nètball, walking netball and cricket training.
The facilities that the charity ha5 are open to all members of the general public on a subscription basis which includes
day passes. The fees are 5ubsidised as rnuch a5 P055ible by the charitv.
The following clubs make regular use of ihe facllities that the charity offers..
Earls Colne Cricket Club
Earls Colne Football Club
Earls Colne Tenni5 Club
Earls Colne Sgua5h Club
Earls Colne Badminton Club
North Essex Table Tennis School
Halstead Town Foctrtball Club
Dlmensions Trampoline Club
This is a wide mix of clubs offering a wide range of different sport5. Being part of a club can give an Indlvldual a sense
of identity and certainly in the case of younger children can build confidence and introduce new friendships. There is
Iso a belief that, for younBer children and teenagers. being part of a sports club can help towards combatting
nt150¢ial behaviour, as it glves a meaningful purpose to devote their time to.
A further range of class activitie5 take place at the re¢reatlon club enabling all ages to enhance their health and
well-being includin8 indoor bowls, bounce, yoga, art, toddler gymnastics and rugby tots.
Alongside the regular elubs and activitles, the charlty providès a base to meet the thriving local dernand for school
holiday day tramps including fotstball, tennis, mvlti-sports, squash and art.
The charity also provides a facility for the local community to use for social needs including children's parties, events
such as the Four Colne's Show, coffee mornings and village get tO8ethe¥s. The charity also recognises the importance
of facilities such as the Club in difficult times, becoming a designated 'warm bank, for those community members that
need it.
Page i

EARLS COLNE RECREATION GROUND
REPORT OF THE TRUSTEES
FOR THE YEAR ENDEO 31 MARCH 2024
ACHIEVEMENT ANO PERFORMANCE
Charltable actl¥ltle5
The overall linancial position for 2023-24 was net income of £43,295, compared with a net loss of £21,453 for the
previous year. This net income has been reinvested into a new tennis club pavilion. As in previous years, the
underlyinB trading position remains challengin8. The unrestricted fund net income was £5,812 12023.. net income
£13,3781.
In spite of a difficult few year's recovering from the pandemic. the Club has enhanced its facilities as previously noted,
with the trampoline storage area. the MUGA and changing rooms which are all well estsblished and 15 currently
constructing a tennis pavilion. The cash position of the charity is also stable which the trustees are pleased to see and
expect to continue throughout the nexi financial year. We continue to explore new sources of income and have
launched a Café providing breakfast and lunch options, and open to the whole area of benefit.
These improvement5 are crrtical to attractin8 new members to the Club and increasing the Club's standing as a
community asset for Ear15 Colne and the SuTro￿ndIng aTeas.
For the current year, the fru5tees expect that the trading p051tion will continue to remain similar to this year. and we
continue to monito¥ the financial position on a monthly basis.
Whilst there has continued to be a measured approach to non-essential expenditure, the trustee5 have continued thè
drive to make the ageing building fit for purpose with a focu5 on necessary repairs and renewals. However, it is
apparent that any material improvements to the Club will not be possible wiihout Grants and Donations which
remains a continuing focus of the Trustees.
Thère is still much to do at the Recreation Club, making our facility fit for purpose and enticin8 for future mernbers of
our community. It remains essential that all the individual clubs who use the charity's facilities promote the ECRC 'Onè
Club. approach. so that everyone pulls together for continued operation of us all in these uncertain time5.
Finally. the Trustees would like to thank the ECRC'S manager Sue Freear, and her team, for another sut¢e55ful year
and have no doubt this good work will continue for the rest of 2025 and beyond.
FINANCIAL REVIEW
Investment policy and obledives
At 31st MaTch 2024 the investment policy continued to be to maintain reserves in an interest bearing account with
Barclays Bank. as well as £18.000 invested in National SavinBS Bonds.
Reserves policy
The total incoming resources for the year amounted to £3trJ,947 12023.. £209.3121. Expenditure for the year
amounted to £2S7,65212023.. £230,765) which brou8ht a profit for the year of £43,29512023'.a loss of £21,453).
The chaiity holds re5erve5 in order that levels of service provided for the hire of sports leisure facilities may be
maintained should there be a reduction in incoming resources.
Reserves in this context rnean funds that are freely available for the purpose of the charity after all commitments have
been met.
In addltion to such 'unrestricted reserves" the charity may also hold additional 'restrieted reserves" such funds
represent funds donated for a specific purpose which cannot be used for anythSng other than the purpose for which
they We￿ donated.
The ¢harlty had unrestricted reserves of £525.657 12023= £519.8451 represented by net current assets of £72,206
12023..£61,8061 and fixed assets of £461,47912023-. £458.0391 and creditors over one year of £8,028 at the year ended
31st March 2024. Such reserves represent approximately two years expenditure subject to asset financin&
Page 2

EARLS COLNE RECREATION GROUND
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED31 MARCH 2024
FUTVRE PLAN5
The Trustee5 are focused on continuing to improve the flnanci31 posltion ol the Club whilst continuing to provide top
class facilities to the local community. We recognise that future material improvement5 will require 8rant income and
this is an on80ing focus of the Trustees.
Work is in hand to règularise ihe ownership of the Land and asset5 of the charity by regi5terin8 the holding with the
land Registry and ensuring that it is vested in the names of current Trustees. The next step to providing a more robust
structure to the charity will be to e5tabli5h a Charitable Incorporated Organisation by the end of the Financial year
2025126. We will also be focussing on expandin8 the objects of the Charity to reflect it5 Status as a Community Centre
as well as a Spa￿ for sporting activities, which should make the charity more attractive to funders.
At the time of writin& the Tennis Club Pavilion has been completed. and it5 improved facilities are provlng to be
beneficial to the club and will do 50 for many years to come.
Having diversified to the provision of café facilities to the community. proof of concept and some practieal learnin8'S
have been taken on Board, and it goes from strength to strength. and is attracting more people to the premises,
increasing awareness of the facilities and contributing to growing income.
STRucfuRE. GOVERNANCE AND MANAGEMENT
Governing document
The charity is contrtslled by its governing document, a deed of trust and ¢ons¢itutes an unincorporated charity.
The Earls Colne Recreational Ground Trust was established by a Deed of Trust dated 24th August 1977 and approved
by the Charity Commissioners as a registered Charity on 23rd September 1977.
The charity trades under the name of the"Ear15 Colne Recreational aub" A manaBernent committee representing the
organi53tions using the facilities admrnisters the club.
Rètruitmènt and appolntmènt of new trustèes
All Trustees are briefed on their responsibilities as tru5tee5 prior to their acceptance of the role. Trustee5 Other than
ex-officio trustee5 5h311 hold office for three years or until a Successor is appointed and shall be eligible for re-election.
OrganI￿tIOnal structure
The Trustees hold meetings every two months at whith decisions are made.
Risk manzBement
The Trustees have a duty to identify and review the risk5 to which the charity is exposed and to ensure appropriate
controls are in place to provide reasonable a55urance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
274292
Prlnclpal address
Green Farm Meadow
Halstead Road
Earls Colne
ColchÈstef
E55ex
C06 2NG
Pa8e 3

EARLS COLNE RECREATION GROUND
EPORT OF THE TRUSTEES
FOR THE YEAR ENDED31 MARCH 2024
Trustees
Mrs S Thomp50n-Arnold Iresigned 1112120231
Mrs L F Bradford (resigned 318120231
D E Cooney
D Mccubbine
D Masterson (resigned 1112120231
Mrs G R Mccubbine (appointed 119120231
T Smith (appointed 25110120231
Mrs Z Thompson-Arnold lappointed ty8120241
Mrs S E H Emerson (appointed 319120241
Mrs C E Wootton lappointed 319120241
Mrs K McGibney (appointed 319120241
Independènt Examinèr
LB Group
The Octagon
Suite E2
Middleb¢rough
Colchester
Essex
COI ITG
INDEPENDENT EXAMINER
The trustees intend to ask the visiting independent examiner to undertake the independent examination of the
charity in the followin8 year.
Approved by order of the board of trustees on 24 January 2025 and signed on its behalf bv..
D E Cooney- Trustee
Page 4

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEESOF
EARLS COLNE RECREATION GROUND
Independent examlner's report to the trustees of Earls Colne Recreation Ground
I report to the charity trustees on my examination of the accounts of Earls Colne Recreation Ground Ithe Trust) for the
year ended 31 March 2L124.
Responsibilities and basi5 01 report
As the charity trustee5 of the Trust you are responslble for the preparation of the accounts in accordance with the
requirements of the Charities Act 20111'the Act'l.
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying
out my examination I have followed all applicable Direction5 given by the Charity Commission under Section 14515llbl
of the Act.
Independent examiner's statement
Since your Charity's gross income exceeded £250,000 your examiner must be a rnember of a listed body. I can confirrn
that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountant5 in
England and Wales. which is one of the listed bodies.
I have ¢(Impleted my examination. I confirm that no rnaterial matters have come to my attention in ctsnnection with
the examination 8ivin8 me eause to bèlieve that in any material respect..
accounting recor¢Js were not kept in respect of the Trust as required by Section 130 of the Act,. or
the accounts dL) not accord with those records.. or
the accovnt5 do not comply with the applicable requirements concerning the form and content of accovnts set
out in the Charitie5 IAccounts and Reports) Regulations 2008 other than any requirement that the accounts
give a true and fatr view which is not a matter considered as part of an independent examination.
I have no concern5 and have come across no other matters In connectlon with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Andrew Robert Graham Green
LB Group
The Octagon
Sulte E2
Middleborough
Colchester
Essex
COI ITG
Date..
J4lilLr
Page 5

EARLS COLNE RECREATION GROUND
STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
Total
funds
2023
Total
funds
Unrestricted
fund
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
24,003
61,680
85,683
32,338
Charltable artl¥liies
Hire Charges
Sales
Children's Activitie5
Miscellaneous Income
78.873
103.714
908
26,233
78,873
103.714
908
26,233
76,929
85,687
1.239
10,126
Other trading activities
Investment income
4,005
1,531
4.005
1,531
2.677
316
Total
239,267
61,680
300,947
209,312
EXPENDITURE ON
Charitable activities
Overheads
Cost of sales
Repairs and maintenance
141.125
72.640
19.690
24,197
165,322
72,640
19,690
151,427
52,617
26,721
Total
233.455
24,197
257,652
230,765
NET INCOMEIIEXPENOITUREI
5.812
37,483
43,295
121,4531
RECONCILIATION OF FUNOS
Total funds brought f0rw3rd
519.845
173,998
693,843
715,296
TOTAL FUNDS CARRIED FORWARD
525.657
211,481
737.138
693.843
The notes forrn part of these financial statements
Page 6

EARLS COLNE RECREATION GROUND
BALANCE SHEET
31 MARCH 2024
2024
Total
funds
2023
Total
funds
Unlestrlcted
fund
Restricted
fund5
Notes
FIXED ASSETS
Tangible assets
Investments
li
12
443,479
18,1)00
194,145
637,624
18.000
S87,549
18,000
461,479
194,145
655,624
605,549
CURRENT ASSET5
Stock5
Debtor5
Cash at bank and In hand
13
14
15
4.455
4,235
91.854
4.45S
4.23S
109,190
4.201
1,423
95,429
17,336
IIyJ,544
17.336
117,880
101,053
CREDITORS
Amounts falling due within one year
16
128,3381
128.3381
112,7591
NET CURRENT ASSETS
72,206
17,336
89,542
88,294
TOTAL ASSETS LE55 CURRENT LIABILITIE5
533,685
211,481
745.166
693,843
CREDITORS
Amount5 falling dsje after more than one year
17
18.0281
18,0281
NET ASSETS
525.657
211,481
737.138
693,843
FUNDS
un￿strICted funds
Restricted funds
19
525.657
211.481
519.845
173,998
TOTAL FVNOS
737,138
693.843
The financial statement5 were approved by the Board of Trustee5 and authorlsed for issue on 24 January 2025 and
were signed on Its behalf by..
D E Cooney- Trustee
D M¢Cubbine- Trustee
The notes form part of these financial statements
Page 7

EARLS COLNE RECREATION GROUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
Basrs of preparlng the ff nanclal statements
The financial statements of the charity, which Is a publlc benefit entity under FRS 102. have been prepared in
accordance with the Charities SORP IFRS 1021 'Accountin8 and Reporting by Charities.. Statement of
Recommended Prartice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in ihe UK and Republic of Ireland IFRS 1021 leffective l January 20191,, Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Charities Act 2011. The financial statements have been prepared under the historical tost convention, with the
exception of investments which are included at market value.
The charity has complied with the SORP 2019's provisions that are currently in effect.
Intome
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds.
St is probable that the income will be received and the amount can be measured reliably.
Income for annual memberships Is recognised fo¥ the period it is re￿ived.
Grant5 obtained where the paymènt is made to secure the provision of particular services are included within
charitable activities.
Expenditure
Liabilities are recognised as expend*ture a5 500n as there is a legal or constructive obligation committTng the
charity to that expenditure, it 15 probable that a transfer of economic benefits will be required in settlement
and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis
and has been cla55ified under heading5 that aggregate all c05t related tg the category. Where costs cannot be
directly attributed to particular headings ihey have been allocated to activities on a basis consistent with the
use of resources.
Charltable artivities
Costs of charitable activities comprise all costs incurred in the pursuit of the charitable objects of the Charitv.
These costs, where not wholly attributable, are apportioned between the taiegories of charitable expenditure
in addition to the direct costs. The total costs of each category expenditure therefore include support costs
and an apportionment of overheads.
Governance costs
Governance costs comprise all costs attributable to ensuring the public accountability of the charity and its
compliance with regulation and good practice. These costs include costs related to statutory audit and legal
fees together with an apportionment of overhead and support costs.
Tanglblè flxed assets
Depreciation is provided at the following annual rates in order to write off each asset over it5 estimated useful
Itfe or, if held under a finance lease, over the lease term, whichever is the shorter.
Fitne55 5Ulte equiprnent and MUGA pitch
20% on reducing balance and Straight line between 10 to 15
year5
20% on reducing balance
Fixtures and fittings
The LED li8ht5 are depreciated over the shorter of the expected useful life of the asset or the length of the hire
purchase lease.
Land and buildings are not depreciated due to the high level of maintenance undertaken on the building each
vear.
Page 8
continued...

EARLS COLNE RECREATION GROUND
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES- continued
Stocks
Stocks and work in progress are valued at the lower of Cost and net realisable value, after making due
allowance for obsolete and s5ow moving ilems.
Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Tamation
The Chaflty is exempt from tax rjn its charitable aalvities.
Fynd accounting
Unrestricted fund5 can be used in accordance with the eharitable objectives at the discretion of the trustees.
Restricted fund5 can only be used for particular restricted purposes Wlthin the objects of the charity.
Restrictions arise when speclfied by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
Hlre purchase and leaslng commitmerrts
Assets obtained under hire purchase contracts or finance leases are capitalised in the Balance Sheet. Those
held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finante
leases are depreciated over their estimated useful lives or the lease term, whichever is shorter.
The interest element of these obligations is charged to the Statement of Financial Attiwtles over the relevant
period. The capital element of the future payments is treated as a liability.
Irrecoverable vat
Irrecoverable VAT is charged against the category of resources expended foT which It was Incurred.
Debtors and Creditors withing one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at
transaction price. Any losses arislng from impairment ale reco8nised in expenditure.
DONATIONS AND LEGACIES
2024
2023
Annual membership fees
Day membership fees
Donations
Grants
20,510
2,327
15,955
46,891
18,263
3,151
1.324
9.600
85.683
32,338
Summary of annual memberships paid at 31st March 2024.
3110312024
3110312023
Famlly
Sin8le
Junior
OAP family
OAP single
91
141
136
19
96
95
129
134
16
54
Page 9
continued...

EARLS COLNE RECREATION GROUND
NOTES TO THE FINANCIAL STATEMENTS- Continued
FOR THE YEAR ENDED 31 MARCH 2024
DONATIONS AND LEGACIES- continued
483
428
Grants received. included in the above. are as follows.-
2024
2023
Other Grants
Braintree Distrlct Council
Enovert Comrnunity TTUSt
ESC Lottery Fundin8
E55ex Comrnunity Fund
soo
6,891
40,000
2,SOO
6.600
46.891
9.600
OTHER TRADING ACTIVITIES
2024
2023
Fundraising events
4,005
2,677
INVESTMENT INCOME
2024
2023
National savings incomè bonds
Barclays deposit interest
543
988
236
1.531
316
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Aclivitv
Squash
Hire Charge5
Sports hall
Hire Charges
Tennis courts and muga pitch Hire Charges
Sports equipment
Hire Charges
Other activities
Hire Charges
Fitness suite
Hire Charges
Bar hi¥e
Hire Charges
Bar
Sales
Sports equipment
Sales
Ice cream
Sales
Parties & childrens activities Children's Activities
Food
Mi5cellaneov5 Incorne
Coffee rnachine
Miscellaneous Income
Other actlvities
Mistellaneous Income
19,862
42,383
5,798
40
3,939
5.878
973
99,380
398
3.936
908
11.750
14.356
127
18,466
40,643
4,663
70
5.049
4,888
3,150
82,876
335
2,476
1,239
864
9,242
20
209,728
173,981
Page 10
continued...

EARLS COLNE RECREATION GROUND
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR ThE YEAR ENDED 31 MARCH 2024
CHARrrABLE ACtIVlTIES COSTS
Support
costs Isee
note 71
Direct
Costs
Totals
Overheads
Cost of sales
Repairs and maintenance
125.300
72,640
19.690
40,022
165.322
72.640
19,690
217,630
40,022
257.652
SUPPORT COSTS
Governance
costs
Overheads
40.022
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for ihe year
ended 31 March 2023.
Trustees, expenses
There were no tru5tees' expense5 paid for the year ended 31 March 2024 nor for the year ended
31 March 2023.
STAFF COSTS
2024
2023
Wages and salaries
Social security costs
97,063
1.075
74,552
1,320
98,138
75,872
The average monthly number of employees during the year was as follows:
2024
15
2023
13
Employees
No employees received ernolument5 in exce55 of £60,000.
Page 11
continued...

EARLS COLNE RECREATION GROUND
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THEYEAR ENDED31 MARCH 2024
io.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivmES
Unrestricted
fund
Restricred
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
23,239
9,099
32,338
Charitable activltles
Hire Charges
Sales
Chlldren's Aalvlties
Miscellaneous Income
76.929
85,687
1.239
10,126
76,929
85.687
1.239
10.126
other tradin8 activities
Inve5trnent income
2,677
316
2,677
316
Total
200,213
9,099
209,312
EXPENDITURE ON
Charltable activitie5
Overheads
Cost of sales
Repairs and maintenance
112,142
52.617
22,076
39,285
151,427
52,617
26,721
4,645
Total
186,835
43,930
230,765
NET INCOMEIIEXPENDITUREI
13,378
134,8311
121,4531
RECONCILIATION OF FUNDS
Total funds brought forward
506.467
208,829
715,296
TOTAL FUNDS CARRIED FORWARD
519.845
173,998
693.843
Page 12
continued..

EARLS COLNE RECREATION GROUND
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
ii.
TANGIBLE FIXED ASSETS
lrnprovements
to
Freehold
property
Car park
extension
Football
property
COST
At l April 2023
Additions
358.793
26,837
12,667
80,037
At 31 Marth 2024
358,793
26,837
12,667
80,037
DEPRECIATION
At l April 2023
Charge for year
33,080
9,392
At 31 March 2024
42,472
NET BOOK VALUE
At 31 March 2024
358.793
26.837
12,667
37.565
At 31 March 2023
358.793
26,837
12.667
46,957
Fitness
suite
equipment
and MUGA
pitch
Fixtures
and
fittlngs
Assets
under
construction
Totals
COST
At l April 2023
Additlons
122.112
16.150
162,956
2,409
763,402
79.861
61,302
At 31 Mar¢h 2024
138.262
165,365
61,302
843,263
DEPRECIATION
At l April 2023
Charge for year
36,772
8,605
106,001
11,789
175,853
29,786
At 31 March 2024
45,377
117,790
205,639
NETBOOKVALUE
At 31 March 2024
92,885
47,575
61,302
637.624
At 31 March 2023
85.340
56,955
587,549
No depreciation has been charged against the freehold property. football or car park extension as the trustees
believe the residual value of the assets to be in excess of cost.
Pa8e 13
continued...

EARL5 COLNE RECREATION GROUND
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2024
ii.
TANG18LE FIXED ASSETS- ¢ontinued
Fixed assets, included in the above, which are held under hile Purchase contract5 are a5 follows..
Fitness
Sulte
equipment
and MUGA
pitch
COST
Additlons
9.859
DEPRECIATION
Charge for year
986
NET BOOK VALUE
At 31 March 2024
8,873
At 31 March 2023
12.
FIXED ASSET INVESTMEKrs
2024
2023
National savings bonds
18,000
18,000
There were no investment assets outside the UK.
Investments Ineither listed nor unlisted) were as follows..
2024
2023
National savlngs bonds
18,000
18,000
13.
STOCKS
2024
2023
Bar
Sports equipment
4,455
4.059
142
4,455
4,201
Page 14
continued...

EARLS COLNE RECREATION GROUND
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENOED 31 MARCH 2024
14,
DE8TORS: AMOUN7S FALLING DUE WITHIN ONE YEAR
2024
2023
Othef debtors
Prepayments
2.822
1.413
35
1,388
4.235
1,423
15.
CASH AT BANK ANO IN HAND
2024
2023
Other
restricted
funds
General
fund
Fixed
Assets
Total
fund5
Total
funds
Cash in hand
Current account
Bank account no. 3
8CKI
31,361
59,693
800
31,361
77.029
800
15.9l6
78.713
8,482
8,854
Total
91,854
8,482
8,854
109,190
95.429
16.
CREDtTORS.. AMOUNTS FALUNG DUE WITHIN ONE YEAR
2024
2023
Hire purchase (see note 181
Trade creditors
Social security and other taxes
VAT
Other creditors
Accruals and deferred income
1,328
9,208
3,564
1,494
10,568
2,176
1,317
6,630
2,088
542
50
2,132
28,338
12,759
17.
CREOITORS.. AMOUNTS FAiLING DUE A￿ER MORE THAN ONE YEAR
2024
2023
Hire purchase (see note 181
8,028
Page 15
tontinued...

EARLS COLNE RECREATION GROUNO
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
18.
LEASING AGREEMENTS
Minimum lease payrnents under hirè pvrchase fall due as follov4S'.
2024
2023
Gross obligation5 repayable..
Within one year
Between one and five years
3.063
10.720
1,317
13,783
1,317
Finance charges repayable..
Within one year
Between one and five years
1,735
2,692
4,427
Net obligation5 ￿paYable=
Within one year
Between one and five years
1,328
8.028
1.317
9,356
1.317
19.
MOVEMENTIN FUNDS
Net
movemènt
in funds
Transfers
between
funds
At
3113124
At 114123
Unrestrlcted funds
General fund
519,845
5,812
525,657
Restrlcted funds
Fixed Assets
Other iestricted funds
155.392
18,606
25,933
11,550
21,302
121,3021
202,627
8,854
173.998
37,483
211,481
TOTAL FUNDS
693.843
43,295
737,138
Page 16
continued...

EARLS COLNE RECREATION GROUND
NOTES TO THE FINANCIAL STATEMENTS- continuèd
FOR THE YEAR ENDED 31 MARCH 2024
19.
MOVEMENT IN FUNDS- contSnued
Net movement in funds. included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestrirted funds
General fund
239.267
1233.4551
5.812
Restricted funds
Fixed Assets
Other restricted funds
47,390
14,290
121,4571
12,7401
25,933
11,550
61,680
124,1971
37,483
TOTAL FUNDS
300,947
1257,6521
43,295
Comparatives for movement in funds
Net
movement
in funds
At
3113123
At 114122
Unrestrirted funds
General fund
506.467
13,378
519,845
Re5tricled fvnds
Fixed Assets
Other rè5trirtÈd funds
192.178
16.651
136.7861
1,955
155.392
18.606
208.829
134.8311
173.998
TOTAL FUNDS
715,296
121,4531
693.843
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestrlrtèd funds
General fund
200,213
1186.8351
13,378
Restrirted funds
Fixed Assets
Other restricted funds
2,499
139,2851
14,6451
136,7861
1.955
9,099
143.9301
134,8311
TOTAL FUNDS
209,312
1230,7651
121.4531
Page 17
continued...

EARLS COLNE RECREATION GROUND
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2024
19.
MOVEMENT IN FUNDS- continued
A current year 12 months and prlor year 12 months combined position is as follows..
Net
movement
in funds
Transfers
between
funds
At
3113124
At 114122
UnrÈstrlded funds
General fund
506,467
19,190
525,657
Restrlctèd funds
Fixed Assets
Other restritted funds
192,178
16,651
110,8531
13,SQS
21,302
121,3021
202.627
8,854
208.829
2,652
211,481
TOTAL FUNDS
715.296
21.842
737,138
A current year 12 months and prlor year 12 months combined net movement in funds, included in the above
are as follows..
Incoming
resources
Resource5
expended
Movement
in funds
Unrestrlcted funds
General fund
439.480
1420,2901
19,190
Restrlcted funds
Fixed Assets
Other restricted funds
49.889
20,890
160,7421
17,3851
110,8531
13,505
70,779
168.1271
2.652
TOTAL FUNDS
510,259
1488.4171
21.842
The Restricted Funds are made up of £203.047 which is a fixed a55et fund and £11,594 which is an other
restricted fund.
The fiyed asset fund has been recèived from restricted grants and donations for capital items. Thi5 relate to
specific as5et5 which sit on the balanee sheet such as a MUGA pitch, trampoline storage, changing rooms and
LED lighting, and an asset in construction.
The other restricted fund has been received from Earls Colne Tennls Club and is for tennis facilities and repairs
to the tennis courts as and when they are requireil.
The Unrestricted funds are represented by net current 3$5ets of £63,243 and fixed assets of £461,479 le55 a HP
liabllity of £8,028 and the reserves represent approximately two years expenditure subject to a55et financing.
Page 18
continued...

EARLS COLNE RECREATION GROUND
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
20.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
Pa8e 19

EARLS COLNE RECREATION GROUND
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDE031 MARCH 2024
2024
Total
funds
2023
Total
fvnd5
Unrestricted
funds
Restricted
funds
INCOME AND ENDOWMENTS
Donatlons and le8acles
Annual membership fees
Day membership fees
Donations
Grants
20,510
2,327
1,166
20.510
2,327
15,955
46,891
18,263
3.151
1,324
9.600
14,789
46,891
24,003
61,680
85,683
32,338
Other tradlng actlvFtles
Fundraising events
4,005
4,W5
2,677
Inve5tmÈnt income
National savings income bonds
Barclays deposlt interest
543
988
543
988
236
80
1.531
1,531
316
Charitable artivitie5
Squash
Sports hall
Tennis court5 and rnuga pitch
19.862
42.383
5.798
19,862
42,383
5,798
18,466
40,643
4,663
F I li
Bar
Sports equipment
Food
Ice cream
Parties & childrens attivities
Coffee machine
Other activities
Fitness suite
Bar hire
99.380
438
11.750
3.936
99,380
438
11,750
3,936
908
14,356
4,066
5,878
973
82,876
405
864
2,476
1,239
9.242
5.069
4.888
3,150
14,356
4,()66
5,878
973
209,728
209.728
173.981
Total Incomlng resources
239,267
61,680
300,947
209,312
EXPENDITURE
Charltable artivities
Wages
Fitness instructor5
Light and heat
Fundraising and advertising
Carried forward
97,063
1,075
45
I,ooi
99,184
97,063
1,075
45
I,ooi
99,184
74,552
1,320
121
2.315
78,185
This page does not form part ol the statutory flnan¢lal statement5
Page 20

EARLS COLNE RECREATION GROUND
DETAILED STATEMENT OF FINANCIAL AUIVITIES
FOR THE YEAR ENDED31 MARCH 2024
2024
Total
funds
2023
Total
funds
Unrestrict
funds
Restricted
funds
Charrtable actlvitles
Brought forward
Bar purchases
Sports equipment purchases
Food Costs
Ice cream purchasè5
Repairs and maintenancè
Waste
Bank charges
Rates
Electricity
Gas
InsLtrance
Postage and stationary
Telephone
aeèning
Sky television
Mis¢ellanetsus
Vending machlne
Computer costs
Con5ultancv
Subsciiptions and licences
Cafe consumables
Cafe ctsntrattors
99,184
55,265
533
6.710
2.754
9,103
1,556
5,249
374
11,799
1,985
2,114
337
975
772
6,418
492
3,560
1.711
127
1,129
1,173
1.570
99,184
55,265
533
6.710
2.754
11,843
1.556
5.249
374
11.799
1,985
2.114
337
975
772
6,418
492
3,560
1,711
127
1,129
1,173
1,570
78,185
45,851
979
1.684
25.424
1.297
2.464
1.626
12.461
3,885
4,127
127
728
973
6,124
756
2.783
678
2.740
1,254
214,890
2,740
217,630
191,406
Support ¢osts
Governancè costs
Independent examiners fee5
legal fees
Depreciation of tangible fixed assets
9.025
1.212
8.328
9,025
1,212
29,785
7,250
21,457
32,109
18,565
21.457
40,022
39,359
Total resources expended
233,455
24,197
257.652
230,765
Net (èxpendlturelllncome
5,812
37,483
43.295
121,4531
Thi5 page does not form part of the statutory financlal statements
Page 21